BCC Invest are preparing the first-ever ETFs in Kazakhstan based on KASE indices for listing
BCC Invest are preparing the first-ever ETFs in Kazakhstan based on KASE indices for listing. The funds have already been registered. Details on the start of trading and ticker symbols will be announced separately.
The initiative includes two index-based solutions.
The ETF tracking the KASE Index will replicate the structure of the country’s key equity benchmark, providing investors with exposure to Kazakhstan’s largest publicly listed companies.
The second fund - MBM Index KASE - follows a more conservative model, with a focus on government securities and money market instruments.
“The launch of an ETF based on the KASE Index is an important step in promoting Kazakhstan’s securities market and improving financial literacy among the population,” said Nurken Bolatbek, Deputy Director of the Client Relations Office at KASE.
“For us, the launch of ETFs marks a new stage of development and a strengthening of our position in the asset management market,” noted Ruslan Zerilov, Managing Director of BCC Invest.