11.03.2010 - Chile's SWFs average returns of 6.9pct in 2006-2009
From Dow Jones: Chile's two sovereign funds averaged a return of 6.9% since their creation in 2006 to the end of 2009, the Finance Ministry said.The Ministry said the Economic and Social Stabilization Fund and the Pension Reserve Fund generated $ 2.8 billion in additional resources. The funds reached a grand total of $14.71 billion at the end of 2009 after the government drew down $8 billion over the course of the year to finance a $4 billion fiscal stimulus package to boost the receding economy and to pay for a fiscal deficit in light of falling government revenue.............................................Full Article: Source
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