Open-end fund options plan for key personnel and a system and method for administering same

摘要

A computer implemented method for incentivizing an open-end fund service provider to defer compensation owed to the service provider that includes the step of granting the service provider an award of options in an investment fund having a share price based on a net asset value of the fund. Also provided is a computer-based administration system to calculate the value of one or a series of options or similarly leveraged compensation arrangements granted by an open-end fund to service providers, summarize the values of those options, calculate the change in values since the prior valuation, and calculate expenses associated with the options, and calculate the NAV of shares offered and/or redeemed by the granting open-end fund.