Online commodity trading - With reference to the shareholders, owners of stock have holdings averaging about $7,000, and holders with shares with a value of more than $50,000 have an aggregate investment of $485 million.
Among the ten largest shareholders in order of size are a savings bank, beneficial association, personal holding company, labor union, pension plan, individual, school, industrial employees' fund, and fiduciary. In the table on the next page, the figures represent each industry as a percentage of the total net assets of MIT. The corporation is representative of the balanced open-end investment company. It has been under substantially the same management since it was incorporated in 1928. Wellington has as its objectives: conservation of principal, reasonable income return, and profits without undue risk. The management seeks to achieve these objectives through policies carried out since the Fund was established: (1) careful selection of individual securities; (2) continuous conservative management supervision; (3) balanced investment in bonds, preferred stocks, and common stocks of many separate companies in different industries.
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