OMERS Reports 2006 Top Quartile Returns of 16.4%
Date: September 8, 2008
OMERS announced today that its total rate of return was 16.4 per cent in 2006, a top-quartile performance that exceeded its benchmark return of 13.7 per cent. This is the fourth year in a row in which OMERS has achieved a double-digit return, earning net investment income for 2006 of $6.5 billion, compared with $5.5 billion in 2005. The fair market value of net assets increased 15.9 per cent, to total $47.6 billion as at December 31, 2006, up from $41.1 billion the previous year.
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Source: OMERS
