PFZW coverage ratio hits 104%

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NETHERLANDS - Dutch pension fund Pensioenfonds Zorg en Welzijn saw its (PFZW) coverage ratio rise to 104% at the end of Q4, six percentage points higher than the previous quarter.

The fund's total return was 12.6% for the year, down from 17.6% in 2009 but 4.4 percentage points higher than its average annual return of 8.2%. The fund returned 1.3% in the fourth quarter compare...

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