Diamonds

Diamonds

1. An extremely hard gemstone used mainly for jewelry and tools.

2. An exchange traded security, issued by the American Stock Exchange, that replicates the movements in the Dow Jones Industrial Average.

Notes:

2. By owning the Dow Diamonds you get instant diversification by purchasing as little as one share.

See also: ETF, Four C's, Precious Metals, Spiders

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Diamonds

Units of interest in the diamonds trust, a unit investment trust that serves as an index to the Dow Jones Industrial Average in that its holdings consist of the 30 component stocks of the Dow.