| 摘要 |
A proxy asset is a form of security which provides risk management capabilities, such as liquid interests in illiquid assets and economic indicators, without the deficiencies associated with other types of financial instruments. A proxy assets set is defined to respond to one or more indices. Each proxy asset has a share value and a number of shares. The proxy assets have a proxy assets set account value equal to a sum over all proxy assets of the products of the share value and the number of shares. A system for providing shares in a proxy asset set, each proxy asset in the proxy asset set having a proxy asset account value, comprises: A) at least one memory having at least one proxy asset set account value, a resource pool value and one or more indices, wherein the proxy asset set account value is constrained to be less than or equal to the resource pool value ; B) the at least one memory also has one or more sets of proxy asset shares representing value-based claims against the at least one proxy asset set account value wherein the combined value of all sets of proxy assets shares is not greater than the at least one proxy asset account value; C) a shifter comprising shifting logic configured for adjusting the value of each set of proxy assets shares in response to a change in the one or more indices, wherein the shifting logic for a selected set of proxy asset shares embodying a set of contractual terms to which the selected set of proxy asset shares must adhere.
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