Abstract: A process for Incorporation of Exchange Traded Portfolios (a.k.a. Exchange Traded Funds) Into Life Insurance or Annuities with an Optional Principal Protection Feature with the steps of: Establishing variable life insurance and /or annuity products; Make available the various ETF's instead of or in addition to mutual funds; and the application of a put option protection feature. This method and utility is for owners of rife insurance and annuity products and will make these products more efficient in providing benefits and features of ETF's. This method is accomplished by utilizing the efficiencies of the ETF's traded for the most part on the American Stock Exchange instead of, or in addition to, the use of mutual funds. Also, the ETF's have derivative products (options) which can be used to construct a hedge to protect the principal value of the policy which may consist of mutual funds or ETF's or both.

Abstract: A process for International Investors in Fixed Income Securities (Bonds) To Use A Futures Market Hedge To Reduce Foreign Exchange Risk. This method and utility is for international investors seeking the safety, liquidity, and income provided by bonds of U.S. origin, such as U.S. Treasury Notes, Bonds, Agency Notes, U.S. company bonds, debentures, et al, yet seek refuge from the foreign exchange risk of the U.S. dollar relative to the international investor's home currency. The method is accomplished by utilizing the futures market contracts or options on futures contracts available in the appropriate international currency on the various futures exchanges (e.g., on the NYBOT or CME).