Launch of the first KASE index ETFs opened new opportunities for investors
The Kazakhstan Stock Exchange (KASE) held a ceremony to open trading in units of the country's first exchange-traded funds (ETFs) based on KASE indices. The first two KASE index ETFs in Kazakhstan were created and registered jointly with BCC Invest at the end of 2025.
The KASE Index Fund reflects the structure of the KASE Index, a list of the most liquid stocks in the stock market. Investing in the fund provides an attractive list of the top KASE issuers and allows to track their growth dynamics.
The MBM Index KASE Fund reflects the composition of MBM_index KASE Index: 75% of the fund's assets will be invested in the country's medium-term government securities, and 25% in money market instruments.
"When we talk about market development, it's easy to get caught up in abstract categories like liquidity, infrastructure and product lines. However, behind these concepts is always a specific person, someone opening a brokerage app for the first time and trying to figure out where to start. For a long time, the answer to this question remained complex. With the launch of the first ETFs on KASE indices, it's becoming much simpler, start with your country's index.
This is the key point of today's launch", emphasized Ainagul Iskakova, Deputy Chairperson of the KASE's Management Board.
The event included a Public Talk featuring Management Board Deputy Chairpersons Mikhail Grishko from KASE and Alibek Urazakov from BCC Invest, where they discussed development of the ETF market and investment prospects in Kazakhstan.
According to Alibek Urazakov, the popularity of ETFs is globally growing every year. And launch of the first KASE index ETFs is the result of systematic and coordinated work involving the Exchange and the Agency for Regulation and Development of the Financial Market (ARDFM), aimed at expanding the investment opportunities in the local capital market.
"We see how the Kazakhstan's stock market is actively developing recently. New instruments are emerging, investor interest is growing, and an investment culture is developing. We are confident that launch of KASE index ETFs will further drive this growth and provide investors with simpler and more transparent access to diversified strategies", noted Alibek Urazakov.
BCC Invest estimates that launch of the instrument will facilitate increased liquidity for shares included in the ETF. The company also expects significant growth of the fund's assets within the first year.