Diversified Alternatives Trust (ALT) Inception date: 10/6/2009
This information must be accompanied by a current prospectus, which may be obtained by clicking here. Please read the prospectus carefully before investing.
The iShares® Diversified Alternatives Trust ("the Trust") is not an investment company registered under the Investment Company Act of 1940. Shares of the Trust are not subject to the same regulatory requirements as mutual funds.
- Download current prospectus Please read the prospectus carefully before investing
- Access periodic SEC reports
Please read the prospectus carefully before investing
Holdings Detail as of 3/18/2010 (Holdings subject to change)
Futures Holdings: Long Positions
|
Bloomberg Ticker |
Name |
Market Price (USD) |
Market | Expiration |
Long Contracts Held |
Notional Value of Contracts (USD)* |
|---|---|---|---|---|---|---|
| EDZ0 | 90 DAY EURO$ FUTR DEC 10 | 99.16 | CME | 12/13/2010 | 18 | 718,587 |
| EDM0 | 90 DAY EURO$ FUTR JUN10 | 99.60 | CME | 6/14/2010 | 16 | 641,578 |
| EDH1 | 90 DAY EURO$ FUTR MAR 11 | 98.82 | CME | 3/14/2011 | 15 | 596,769 |
| EDU0 | 90 DAY EURO$ FUTR SEP 10 | 99.44 | CME | 9/13/2010 | 17 | 680,548 |
| L H1 | 90 DAY STERLING FU MAR11 | 150.20 | LIF | 3/16/2011 | 72 | 2,176,864 |
| L Z0 | 90 DAY STERLING FUT DEC10 | 150.71 | LIF | 12/15/2010 | 71 | 2,153,820 |
| L U0 | 90 DAY STERLING FUT SEP10 | 151.12 | LIF | 9/15/2010 | 72 | 2,190,121 |
| L M0 | 90DAY STERLING FUT JUN10 | 151.36 | LIF | 6/16/2010 | 72 | 2,193,656 |
| EOM0 | AMSTERDAM IDX FUT JUN10 | 457.71 | EOE | 6/18/2010 | 3 | 274,624 |
| CFM0 | CAC40 10 EURO FUT JUN10 | 5213.65 | EOP | 6/18/2010 | 40 | 2,085,459 |
| GXM0 | DAX INDEX FUTURE JUN10 | 8188.40 | EUX | 6/18/2010 | 7 | 1,432,971 |
| HIH0 | HANG SENG IDX FUT MAR10 | 2742.87 | HKG | 3/30/2010 | 10 | 1,371,435 |
| G M0 | LONG GILT FUTURE JUN10 | 175.27 | LIF | 6/30/2010 | 36 | 6,309,649 |
| ESM0 | S&P500 EMINI FUT JUN10 | 1161.30 | CME | 6/18/2010 | 22 | 1,277,430 |
| TYM0 | US 10YR NOTE FUT JUN10 | 117.09 | CBT | 6/30/2010 | 63 | 7,376,906 |
| Total Notional Value: | 31,480,416 | |||||
Futures Holdings: Short Positions
|
Bloomberg Ticker |
Name |
Market Price (USD) |
Market | Expiration |
Short Contracts Held |
Notional Value of Contracts (USD)* |
|---|---|---|---|---|---|---|
| BJM0 | 10YR MINI JGB FUT JUN10 | 1.53 | SGX | 6/09/2010 | -12 | -1,838,665 |
| ERZ0 | 3MO EURO EURIBOR DEC10 | 134.46 | LIF | 12/13/2010 | -52 | -2,814,836 |
| ERM0 | 3MO EURO EURIBOR JUN10 | 135.02 | LIF | 6/14/2010 | -52 | -2,826,511 |
| ERH1 | 3MO EURO EURIBOR MAR11 | 134.18 | LIF | 3/14/2011 | -52 | -2,808,857 |
| ERU0 | 3MO EURO EURIBOR SEP10 | 134.76 | LIF | 9/13/2010 | -52 | -2,820,958 |
| Z M0 | FTSE 100 IDX FUT JUN10 | 8527.09 | LIF | 6/18/2010 | -6 | -511,625 |
| RXM0 | GERMAN EURO BUND FUTURES FUTURE | 167.41 | EUX | 6/10/2010 | -14 | -2,343,788 |
| JBM0 | JPN 10Y BOND(TSE) JUN10 | 1.53 | TSE | 6/21/2010 | -6 | -9,188,681 |
| PTM0 | S&P/TSX 60 IX FUT JUN10 | 693.40 | MSE | 6/17/2010 | -12 | -1,664,152 |
| XPM0 | SPI 200 FUTURES JUN10 | 5303.55 | SFE | 6/17/2010 | -36 | -4,039,592 |
| TPM0 | TOPIX INDX FUTR JUN10 | 10.32 | TSE | 6/10/2010 | -3 | -309,716 |
| Total Notional Value: | -31,167,382 | |||||
Forwards Holdings: Long Positions
| Name |
Market Price (USD) |
Expiration |
Value of Forwards (Local Currency) |
Value of Forwards (USD) |
|---|---|---|---|---|
| AUD/USD | 0.91841 | 4/07/2010 | 8,001,399 | 7,348,539 |
| GBP/USD | 1.52446 | 4/07/2010 | 2,314,999 | 3,529,125 |
| JPY/USD | 90.46059 | 4/07/2010 | 85,933,799 | 949,958 |
| Total Notional Value: | 11,827,623 |
Forwards Holdings: Short Positions
| Name |
Market Price (USD) |
Expiration |
Value of Forwards (Local Currency) |
Value of Forwards (USD) |
|---|---|---|---|---|
| CHF/USD | 1.063 | 4/07/2010 | -3,703,599 | -3,484,117 |
| EUR/USD | 1.36022 | 4/07/2010 | -3,538,600 | -4,813,259 |
| Total Notional Value: | -8,297,375 |
Collateral & Cash Holdings (Including payables & receivables)
| CUSIP | Name | Market Price |
Market Value ($) |
Par Value ($) |
Maturity |
Credit Rating Moody's /S&P |
EffectiveDuration |
Coupon |
Yield to Maturity |
Sector |
|---|---|---|---|---|---|---|---|---|---|---|
| -- | UNITED STATES TREAS | 99.99 | 12,998,895 | -- | 4/22/2010 | TSY /TSY | 0.09 | 0.00 | 0.09 | U.S. TREASURY |
| -- | UNITED STATES TREAS | 99.95 | 13,500,813 | -- | 6/24/2010 | TSY /TSY | 0.26 | 0.00 | 0.17 | U.S. TREASURY |
| Cash (USD) | 1.00 | 3,298,240 | Cash | |||||||
| Total Collateral & Cash: | 29,797,948 | |||||||||
* Net long and short notional values are displayed for futures contracts. Notional value is calculated as follows: notional value = (number of contracts)*(contract multiplier)*(price). To permit aggregation of all futures positions, futures contracts with expiration dates greater than three months are scaled to a three month basis. For euro money futures, the notional value is calculated as follows: notional value = (number of contracts)*(contract multiplier)*(price)*(duration adjustment multiplier). The duration adjustment multiplier is subject to change and is calculated by the fund accountant along with the NAV.
Portfolio components for creation and redemption by Authorized Participants.
View further information on the creation and redemption process.
The iShares® Diversified Alternatives Trust (the "Trust") is a commodity pool as defined in the Commodity Exchange Act and the applicable regulations of the CFTC. The Sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the "Sponsor"), a commodity pool operator ("CPO") registered with the CFTC. BlackRock Fund Advisors ("BFA") serves as the commodity trading advisor of the Investing Pool and is registered with the CFTC. There may be conflicts of interest between you and the Sponsor, BITC, BFA and their respective affiliates. Neither BFA nor its affiliates has prior experience as advisor to or manager of a commodity fund such as the Trust. BlackRock Fund Distribution Company ("BFDC"), a broker-dealer and FINRA member, provides promotional support to the Trust. BFA is a subsidiary of BlackRock Institutional Trust Company, N.A. ("BTC"), a national banking association and the Trustee of the Trust. The Sponsor, BFDC, and BTC are affiliates of BlackRock, Inc. The Trust is not an investment company registered under the Investment Company Act.
Investments in shares of the Trust are speculative and involve a high degree of risk. You could lose all or a substantial portion of your investment in the shares of the Trust. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus. The price of the shares of the Trust will fluctuate as a result of fluctuations in the prices of any (1) foreign currency forward contracts and 2) exchange traded futures contracts held by the Trust, (2) commodities, currencies, interest rates, or eligible stock or bond indices underlying the futures and/or forward contract positions held by the Trust. Futures and forward contracts are volatile and even a small price movement may result in large losses. Commodity prices, currencies, interest and exchange rates and stock or bond indices may be volatile, thereby creating the potential for losses. The Trust will trade in forward contracts that are not traded on regulated exchanges and, therefore, offer different or lower level of protections to investors. The Trust's use of leverage and/or short positions will involve special risks, including potentially high volatility, and any investment in the Trust should be considered to be speculative. The return on assets in the portfolio, if any, will not be intended to track the performance of an index or other benchmark and will be reduced by applicable fees. There is no assurance that the Trust will achieve its investment objectives.
The price you receive upon the sale of your shares may be less than their NAV. The NAV will fluctuate with changes in the market value of the Trust's assets, and market supply and demand. Brokerage commissions and fees will reduce returns.
Although shares of the Trust may be bought or sold on the exchange through any brokerage account, shares of the Trust are not redeemable from the Trust except in one or more blocks of 100,000 units called Baskets. Only institutions that become Authorized Participants may purchase or redeem Baskets.
Shares of the Trust may not provide the anticipated benefits of diversification from other asset classes. The lack of an active trading market for the shares may result in losses on your investment at the time of disposition of your shares. The Trust has no operating history. Therefore, there is no performance history to serve as a factor for evaluating an investment in the shares.
The iShares Diversified Alternatives Trust issues shares representing fractional undivided beneficial interests in its net assets. The Trust is registered under the Securities Act of 1933 of the United States but is not registered for distribution, or traded, anywhere outside the United States.
If an investor sells the shares at a time when no active market for them exists, such lack of an active market will most likely adversely affect the price received for the shares. For a more complete discussion of risk factors relative to the iShares Diversified Alternatives Trust, carefully read the prospectus.
An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
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