What are diamonds?
With DIAMONDS, investors can purchase shares in a diversified portfolio, receive monthly cash dividends and buy or sell those shares at any time during the trading day. DIAMONDS represent units of beneficial interest in the DIAMONDS Trust, a unit investment trust that holds the 30 component stocks of the Dow Jones Industrial AverageSM. DIAMONDS trade like shares of common stock and can be traded any time during the trading day on The American Stock Exchange under the ticker symbol “DIA.” DIAMONDS are designed to provide investment results that generally correspond to the performance of the DJIA, the most widely recognized indicator of the U.S. stock market in the world, and they provide investors with an instantly diversified portfolio of the blue-chip DJIA component stocks. There is no assurance that the performance of the DJIA can be fully matched.
