Systems and methods for managing a financial investment fund

Abstract

Providing a financial investment fund includes receiving a plurality of individual funds corresponding to a plurality of investors respectively and aggregating the plurality of individual funds into an aggregated fund. Next, providing a financial investment fund includes purchasing a plurality of financial instruments from at least one financial institution with a first portion of the aggregated fund and placing a second portion of the aggregated fund in a transaction account. The financial investment fund may include at least the financial instruments and the transaction account. In addition, one of the at least one financial institution may use at least a portion of the first portion of the aggregated fund received in exchange for the plurality of financial instruments to perform a function of the financial institution.

What is claimed is: 
     
         1 . A method, performed by a processor, for managing a financial investment fund, the method comprising:
 receiving fund data reflecting a plurality of individual funds corresponding to a plurality of investors respectively, the investors not being limited to a group comprising employees, contractors, or agents of an enterprise managing the financial investment fund;   aggregating the fund data of the individual funds to create data for an aggregated fund for investing into the financial investment fund, the investment fund including a plurality of certificates of deposit and a transaction account;   determining, based on the fund data, investment types indicative of needs and goals of the investors;   generating first portion data for a first portion of the aggregated fund allocated for investing in the certificates of deposit, the certificates of deposit maturing at predetermined maturity times;   determining an expected amount of withdrawals from the financial investment fund over a given amount of time based on the needs and goals of the investors, the expected amount of withdrawals being determined to cover withdrawals from the financial investment fund by the plurality of investors at any time regardless of maturity dates of any of the plurality of certificates of deposit in the first portion of the financial investment fund, wherein the expected amount of withdrawals is set to a low percentage of a total value of the financial investment fund to increase the first portion of the aggregated fund allocated for investing in the certificates of deposit when the needs and goals of the investors are long term needs and goals;   generating second portion data based on the expected amount of withdrawals, the second portion data indicating an amount of the aggregated fund allocated for investing in the transaction account; and   configuring a second portion of the financial investment fund to fund a withdrawal of an individual fund among the plurality of individual funds from the financial investment fund by a corresponding investor among the plurality of investors at any time regardless of maturity dates of any of the plurality of certificates of deposit in the first portion of the financial investment fund.   
     
     
         2 . The method of  claim 1 , wherein the expected amount of withdrawals is set larger when the needs and goals of the investors are short term needs and goals. 
     
     
         3 . The method of  claim 1 , further comprising paying a return to the plurality investors from the financial investment fund. 
     
     
         4 . The method of  claim 1 , wherein the certificates of deposit comprise certificates of deposit issued by an enterprise managing the financial investment fund. 
     
     
         5 . The method of  claim 1 , wherein the certificates of deposits have at least one of varying return rates and varying maturity dates as compared to one another. 
     
     
         6 . The method of  claim 1 , wherein the certificates of deposit comprise at least one of jumbo certificates of deposits, promissory notes, time deposits, or bonds. 
     
     
         7 . The method of  claim 1 , wherein the financial institution performs a credit card operation using the first portion of the aggregated fund received in exchange for the certificates of deposits. 
     
     
         8 . The method of  claim 7 , wherein the financial institution uses the first portion of the aggregated fund received in exchange for the plurality of certificates of deposit to pay merchants for goods or services provided to users of credit cards provided by the financial institution. 
     
     
         9 . The method of  claim 1 , wherein at least a portion of the plurality of individual funds is insured by the United States federal government. 
     
     
         10 . The method of  claim 1 , wherein the amount in the transaction account is established to cover no more than an expected amount of the withdrawals from the financial investment fund over a given amount of time. 
     
     
         11 . The method of  claim 1 , wherein a yield received by enterprise managing the financial investment fund on the plurality of financial instruments is greater than a yield received by the enterprise managing the financial investment fund on funds in the transaction account. 
     
     
         12 . The method of  claim 1 , wherein the financial investment fund is used in conjunction with at least one of an individual retirement account and a 401k account. 
     
     
         13 . The method of  claim 1 , wherein providing the financial investment fund comprises communicating over a network. 
     
     
         14 . The method of  claim 13 , wherein user devices on the network are located in at least one of a home, an office, a store, a retail center kiosk, an office of a financial institution, or an office of an enterprise managing the financial investment fund. 
     
     
         15 . A system, performed by a processor, for managing a financial investment fund, the system comprising:
 a component for receiving fund data reflecting a plurality of individual funds corresponding to a plurality of investors respectively, the investors not being limited to a group comprising employees, contractors, or agents of an enterprise managing the financial investment fund;   a component for aggregating the fund data of the individual funds to create data for an aggregated fund for investing into the financial investment fund, the investment fund including a plurality of certificates of deposit and a transaction account;   a component for determining, based on the fund data, investment types indicative of needs and goals of the investors; and   a component for generating first portion data for a first portion of the aggregated fund allocated for investing in the certificates of deposit, the certificates of deposit maturing at predetermined maturity times;   a component for determining an expected amount of withdrawals from the financial investment fund over a given amount of time based on the needs and goals of the investors, the expected amount of withdrawals being determined to cover withdrawals from the financial investment fund by the plurality of investors at any time regardless of maturity dates of any of the plurality of certificates of deposit in the first portion of the financial investment fund, wherein the expected amount of withdrawals is set to a low percentage of a total value of the financial investment fund to increase the first portion of the aggregated fund allocated for investing in the certificates of deposit when the needs and goals of the investors are long term needs and goals;   a component for generating second portion data based on the expected amount of withdrawals, the second portion data indicating an amount of the aggregated fund allocated for investing in the transaction account; and   a component for configuring a second portion of the financial investment fund to fund a withdrawal of an individual fund among the plurality of individual funds from the financial investment fund by a corresponding investor among the plurality of investors at any time regardless of maturity dates of any of the plurality of certificates of deposit in the first portion of the financial investment fund.   
     
     
         16 . The system of  claim 15 , wherein the expected amount of withdrawals is set larger when the needs and goals of the investors are short term needs and goals. 
     
     
         17 . The system of  claim 15 , wherein the certificates of deposit comprise certificates of deposit issued by an enterprise managing the financial investment fund. 
     
     
         18 . The system of  claim 15 , wherein the certificates of deposits have at least one of varying return rates and varying maturity dates as compared to one another. 
     
     
         19 . The system of  claim 15 , wherein the financial institution performs a credit card operation using the first portion of the aggregated fund received in exchange for the certificates of deposits, and wherein the financial institution uses the first portion of the aggregated fund received in exchange for the plurality of certificates of deposit to pay merchants for goods or services provided to users of credit cards provided by the financial institution. 
     
     
         20 . A computer-readable medium on which is stored a set of instructions for funding a financial institution through a financial investment fund, which when executed perform stages comprising:
 receiving fund data reflecting a plurality of individual funds corresponding to a plurality of investors respectively, the investors not being limited to a group comprising employees, contractors, or agents of an enterprise managing the financial investment fund;   aggregating the fund data of the individual funds to create data for an aggregated fund for investing into the financial investment fund, the investment fund including a plurality of certificates of deposit and a transaction account;   determining, based on the fund data, investment types indicative of needs and goals of the investors;   generating first portion data for a first portion of the aggregated fund allocated for investing in the certificates of deposit, the certificates of deposit maturing at predetermined maturity times;   determining an expected amount of withdrawals from the financial investment fund over a given amount of time based on the needs and goals of the investors, the expected amount of withdrawals being determined to cover withdrawals from the financial investment fund by the plurality of investors at any time regardless of maturity dates of any of the plurality of certificates of deposit in the first portion of the financial investment fund, wherein the expected amount of withdrawals is set to a low percentage of a total value of the financial investment fund to increase the first portion of the aggregated fund allocated for investing in the certificates of deposit when the needs and goals of the investors are long term needs and goals;   generating second portion data based on the expected amount of withdrawals, the second portion data indicating an amount of the aggregated fund allocated for investing in the transaction account; and   configuring a second portion of the financial investment fund to fund a withdrawal of an individual fund among the plurality of individual funds from the financial investment fund by a corresponding investor among the plurality of investors at any time regardless of maturity dates of any of the plurality of certificates of deposit in the first portion of the financial investment fund.