PME funding ratio drops below 105%

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NETHERLANDS - PME, the Dutch metal and electro-technical engineering sector fund, said it had been "severely bruised" by the credit crisis, making full indexation unlikely in 2009.

Releasing its Q3 results, the fund revealed its funding ratio dropped below 105% in the first two weeks of October, finishing the quarter at 122%, down from 127% in the previous quarter. The fun...

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