Business method patent in unit investment trusts?

WellSpring BioCapital has developed unit investment trusts that go by the name VIOLTs (vertical investments of life sciences trusts). In the trust, shares of pharma and biotech are grouped according to a specific disease, like Alzheimer's.

WellSpring BioCapital has filed a patent application on the business method.

[Newhouse, Jan. 18, 05]