PERFORMANCE PARTICIPATION AND REVENUE SHARING IN AN INVESTMENT MANAGEMENT AFFINITY PROGRAM

摘要

A data processing system for managing an affinity program for providing financial support payments to a designated beneficiary. The financial support payments are derived from a mutual fund unit holder's investment management activity. The data processing system includes computer processors and electronic storage that store and retrieve affinity program data for a number of mutual fund unit holders. The affinity program data for each holder includes: number of mutual fund units held; current value of each mutual fund unit held; any mutual fund management fee portion dedicated to the beneficiary by the holder; and any mutual fund financial performance portion dedicated to the beneficiary by the holder. The data processing system calculates any finacial support payment in favour of the beneficiary, as selected by the donor/unit holder from two options: (1) the product of multiplying the mutual fund management fee portion dedicated to the beneficiary by the holder by any mutual fund management fee paid by the mutual fund holder; and (2) the product of multiplying the mutual fund financial performance portion dedicated to the beneficiary by the holder by any financial performance paid to the mutual fund holder.