Method and system for evaluating target date funds

US8255308B2 · kind B2 · utility

Assignee

• JPMORGAN CHASE BANK, N.A. · US

Inventors

• Glenn Dial · Windermere, US
• Katherine Santiago · New York, US
• Mark Browne · Cheadle, GB
• Ann Lester Trevisan · Princeton, US
• Lynn Avitabile · Glastonbury, US
• David Musto · New Canaan, US
• William I Mauck · Englewood, US

Key dates

• Filing date: Nov 12, 2008
• Grant date: Aug 28, 2012
• Expiry date: Mar 21, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/06
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The invention generally concerns systems, methods, and apparatus wherein a computer may receive information concerning a group of target date funds from a database. Information about the target date funds may comprise information about the glide path and the target retirement date of that fund. A diversification level of each of the target date funds may be determined from the received information. An equity ratio may also be determined for each of the target date funds using the received information. In some instances, the equity ratio may be based upon the amount of equity projected to be owned by the target date fund upon the target retirement date. After determining an equity ratio and a diversification level, a summary of the group of funds is output for review by a user. The summary may include a summary or graph of the diversification levels and equity ratios of the target date funds.