Tapiola Pension's investment operations in year 2005

Allocations
Fixed-income investments
Equity investments
Investments in venture capital funds
Real estate investments
Customer loans

Tapiola Pension’s investment operations had an excellent year in 2005. Net return on the investment portfolio increased to 9.2% (7.2%). The average annual return over the last five years has been 6.8%.


Net investment income to current value