System, method, and computer program product for managing a virtual portfolio of financial objects

摘要: A system, method and/or computer program product for managing an index a portfolio of financial objects. An may be created, which include selecting objects based on accounting data weighting the data. created index. plurality investment managers manage accounts investors. The investors directly hold assets in so that take advantage any tax benefits generated by transactions using accounts. investor(s) have one or more and thus managers. manager to manage. virtual mutual fund use holdings matrix lot track asset lots When wishes make trade affecting investor, determine held investor should used execute trade. Optionally, each associated with tax-managed account. account deferred “paper” trades thereby avoiding certain adverse consequences when has multiple allow loss-harvesting executed his her behalf circumstances where such reduce investor's obligations.