Trust that invests in high quality diamonds. Diamond investment trusts allow investors to invest in diamonds without needing to buy and hold the underlying asset. Shares of these trusts are not actively traded and are less liquid at times when the price of diamonds falls. The first diamond investment trusts were created in the early 1980s by Thomas McKinnon.
Related information about diamond investment trust:
- What is diamond investment trust? definition and meaning
Definition of diamond investment trust: Trust that invests in high quality diamonds. Diamond investment trusts allow investors to invest in diamonds without ...
- Adding Diamonds to an Investor's Options - NYTimes.com
May 29, 2012 ... The first diamond investment trust, set up by Thomson McKinnon Securities in the 1980s, was wound up after a slump in the market. Diamond ...
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unit trust that invests in highquality diamonds. Begun in the early 1980s by Thomson McKinnon, these trusts let shareholders invest in diamonds without.
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Dec 8, 2010 ... The first diamond investment trust, set up in the 1980s, also collapsed. Saul Singer, co-founder of Fusion Alternatives and a former research ...
- Thomson McKinnon Diamond Investment Trust, the - IDEX Online
Aug 23, 2012 ... In March 1981, after a long run of inflationary diamond prices, Thomson McKinnon Asset Management Inc. launched the Diamond Investment ...
- Thomson McKinnon is A Bad Example - IDEX`s Memo
... Thomson McKinnon Asset Management Inc. launched the Diamond Investment Trust; In March 1981, after a long run of inflationary diamond prices, Thomson ...
- Coloured diamonds becoming investors' best friend | Reuters
Mar 9, 2012 ... The first diamond investment trust, set up by investment firm Thomson McKinnon in the 1980s, was wound up after a slump in the market.
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Definition of diamonds: Units (shares) of the diamond investment trust (a unit investment trust or closed end mutual fund) that holds the 30 stocks comprising the ...