Another insurance mutual, Alte Leipziger, has organised a joint-stock holding company which, executives say, may eventually be listed on the stock exchange.
Huge global iPhone opportunity, tablet growth ahead (with the future release of the iPad3), and PC share gains will continue to drive the stock forward. (Read Apple Is A Top-10 Holding In 26% Of Mutual Funds And 16% Of Equity ETFs).
Certain rules that govern mutual funds and institutional managers typically prevent them from holding more than 5 percent of their assets in a single stock.