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Massachusetts Investors Trust

$12.00

SKU: 2155br
Product Details

Intricately engraved antique stock certificate from the Massachusetts Investors Trust dating back to the 1930's and 1940's. This document, which contains the printed signature of a company Trustee, was printed by the E. A. Wright Bank Note Company, and measures approximately 11 3/4" (w) by 8 1/2" (h).

 

This certificate's vignette features the iconic Old State House in Boston atop a map of Massachusetts - including Cape Cod, Marth'a Vineyard and Nantucket.

You will receive the exact certificate pictured.

    Historical Context

    Launched in 1924, the Massachusetts Investors Trust was formed with the intention of investing exclusively in common stocks of established companies - completely foregoing preferred stock and bonds. It was considered by many to be the first ever mutual fund.

    Despite losing 83% of its assets as a result of the Crash of 1929 and the subsequent depression, the company survived.

    By 1959, the Massachusetts Investors Trust fund had become the largest mutual fund in the United States.

    In 1969, MIT was reorganized as Massachusetts Financial Services to reflect the firm's broadened scope of products and services.