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Dutch pension fund bought Apple stock at just the wrong time

The purchase is a glaring misstep by a pension that has been quite successful by some measures

An Apple Store in Beijing, China
An Apple Store in Beijing, China Photo: Getty Images

The pension fund of Dutch chemicals company DSM bulked up on Apple stock at an unfortunate time.

PDN, as the pension fund formally called Stichting Pensioenfonds DSM Nederland is known, bought 8,700 more shares of the iPhone maker in the fourth quarter.

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