Profitability of OMF Kaznacheystvo (Kazakhstan) under control of Centras Securities JSC (Kazakhstan) in Q2, 2006 - 6.77% APR, since activity start - 11.61% APR

/IRBIS, Assel Omarova, July 12, 06/ - In the second quarter of 2006 profitability of assets of open mutual fund (OMF) "Kaznacheystvo" (Almaty, NIN - KZPFN0002027), whose assets are managed by Centras Securities JSC (Almaty), totaled 6.77% APR, the fund's investment report given to IRBIS agency says. Yield of the fund's assets in the first quarter of the current year was 8.55% APR. The fund started its activity on January 21 of 2005 while fund cost was KZT100.0 th. As of July 1 of 2006, according to the managing company's data, fund cost grew to KZT116,695.04. Since the beginning of activity the fund's profitability is estimated by the managing company at 11.61% APR. Structure of investment portfolio of OMF Kaznacheystvo as of July 1, 06 was as follows (similar data complied as of April 1, 06 are given in parentheses): - funds - 0.25% (0%); - governmental securities - 4.20% (5.11%); - bank deposits - 41.79% (26.89%); - reverse repo - 0% (6.33%); - corporate bonds - 33.19% (34.08%); - shares - 0% (0%); - money market instruments - 27.57% (27.63%). Assets were represented in both the national currency (88.13%) as well as in foreign currency (11.87%). Cost of net assets of OMF Kaznacheystvo according to the managing company's estimate as of July 1 of 2006 totaled KZT244.86 m. (as of April 1 of 2006 - KZT203.73 m.). [2006-07-12]