Diamonds Trust, Series 1 (the Trust) is an exchange traded fund. The Trust’s objective is to correspond to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Trust was created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of all of the component common stocks, in substantially the same weighting, which comprise the DJIA. The Trust's holdings consist of the 30 stocks in the DJIA, which is designed to capture the price performance of 30 United States blue-chip stocks.