Abstract: A multifunctional valve assembly includes a first portion with a first 3-way valve functionality for selectively controlling flow of a first fluid and a second portion with a second, 3-way functionality valve functionality for selectively controlling flow a second fluid. The multifunctional valve assembly further includes a common motor associated with the first and second portions and operative to drive both of the first and second portions to operate in first, second and third operational modes. A method of operating the multifunctional valve assembly including rotating a first sleeve about an axis of the first sleeve with the common motor to concurrently drive the first and second portions of the valve assembly to each operate the first, second and third operational modes.

Abstract: In accordance with the principles of the present invention, a financial instrument and method is provided. At least two open-ended funds having settlement prices are identified. An index value is created relating to the settlement prices of the at least two open-ended funds. A weighting factor is assigned to the at least two open-ended funds. A components value is determined based on the settlement price and weighting factor. A fund manager futures index is derived based on the component values. A financial instrument is based on the fund manager index. In an additional embodiment, an exchange-traded fund is offered whose value substantially tracks the fund manager index value.