According to AFS, Kazakhstan net pension assets reach KTZ2,089.3 billion ($14.2 billion) as of September 1, 2010

/IRBIS, October 8, 2010/ - According to the data of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS), the total amount of net pension assets (PA) in the republic (total pension assets excluding obligations on charged commission interests, creditors' debts on pension payments) as of September 1, 2010 reached KTZ2,089.3 billion. (or equivalent of $14,158.1 million at the weighted average exchange rate effective on the mentioned date). Corresponding indicator as of August 1, 2010 is KTZ2,054.2 billion or $13,909.0 million. In August 2010 net assets of accumulative pension funds (APF) grew by 1.7% (by 1.8% in dollar terms) relative to the previous month. As of the beginning of September 2010, the total sum of pension assets made KZT2,089.1 bln., of which KZT2,045.9 bln. were invested. Total for August 2010 in the republic were three specialized organizations engaged in the investment management of pension assets (OOIUPA), and 13 NPF. Nine funds - JSC "Accumulation Pension Fund of the National Savings Bank of Kazakhstan", JSC "SPC" SAPF ", JSC NPF BTA Kazakhstan" TO JSC "BTA Bank", JSC "SPC" Capital ", JSC" SPC "Kazakhmys", JSC ONPF "Otan", JSC "SPC" Neftegaz-Dem ", JSC" SPC "Respublica" and JSC "Eurasian NPF" managed pension assets independently. The share of PA being managed by these funds was at the beginning of September 2010 74.2% of the PA of the Republic (on August 1, 2010 - 74.1%). The following table shows the amount of assets of each fund (million KZT, unless otherwise indicated), as well as the distribution of assets of NPF on OOIUPA on September 1, 2010. In parentheses are shown for comparison the share of the funds and OOIUPA on August 1, 2010. ------------------------------------------------------------------------------ Total assets ----------------------- Net % of all PA pension of Name of PAIMO / APF assets Trend, % Volume Kazakhstan Invested ------------------------------------------------------------------------------ PAIMO GRANTUM Asset Management JSC ------------------------------------------------------------------------------ GRANTUM APF JSC 136,036 +3.1 136,200 6.52 (6.44) 131,218 ------------------------- --------- -------- --------- ------------- --------- Total 136,036 +3.1 136,200 6.52 (6.44) 131,218 ------------------------- --------- -------- --------- ------------- --------- PAIMO Zhetisu JSC ------------------------------------------------------------------------------ APF Ular Umit JSC* 341,639 +1.0 339,955 16.27 (16.41) 329,729 APF Amanat Kazakhstan JSC 295,128 +0.9 293,583 14.05 (14.17) 284,980 ------------------------- --------- -------- --------- ------------- --------- Total 46,511 +1.3 46,372 2.22 (2.23) 44,749 ------------------------- --------- -------- --------- ------------- --------- PAIMO Nur-Trust JSC ------------------------------------------------------------------------------ OAPF.Atameken.JSC 63,537 +1.7 63,617 3.05 (3.05) 61,788 ------------------------- --------- -------- --------- ------------- --------- Total 63,537 +1.7 63,617 3.05 (3.05) 61,788 ------------------------- --------- -------- --------- ------------- --------- APF operating as pension assets management companies independently ------------------------------------------------------------------------------ APF NefteGas-Dem JSC 71,302 +1.8 71,388 3.42 (3.42) 70,752 Eurasian APF JSC 69,582 +1.5 69,683 3.34 (3.34) 68,466 APF Respublica JSC 54,351 +1.6 54,455 2.61 (2.61) 54,203 APF SAPF JSC 340,835 +2.3 341,892 16.37 (16.28) 334,954 APF SB JSC BTA Bank BTA Kazakhstan JSC 178,181 +1.2 176,762 8.46 (8.47) 174,634 APF of Halyk Savings Bank of Kazakhstan JSC 651,546 +1.4 652,588 31.24 (31.32) 639,317 APF Kazakhmys 23,502 +0.7 23,478 1.12 (1.14) 22,469 OAPF Otan JSC 58,765 +2.1 58,889 2.82 (2.81) 58,396 APF Capital JSC 100,031 +3.1 100,202 4.80 (4.73) 100,014 ------------------------- --------- -------- --------- ------------- --------- Total 1,548,096 +1.8 1,549,336 74.16 (74.11) 1,523,205 ------------------------- --------- -------- --------- ------------- --------- TOTAL pension assets 2,089,308 +1.7 2,089,108 100.00 2,045,940 ------------------------------------------------------------------------------ The biggest APF by the end of August 2010 from the viewpoint of net PA volume (in descending order of PA amount): APF National Saving Bank of Kazakhstan JSC, APF SAPF JSC and APF Ular Ymit JSC. By the volume of the managed assets APF National Savings Bank of Kazakhstan JSC is still leading (31.2% of all PA in management). The second place belongs to APF SAPF JSC (16.4%), the third place- APF Ular Umit JSC (14.1%). The highest asset growth rate in August, 2010 was recorded in APF GRANTUM JSC (3.3% in KZT terms). In absolute monetary terms on the biggest amount of asset growth the leader is APF National Savings Bank of Kazakhstan JSC (growth by KZT9,944.5). The second place by this indicator belongs to APF SPF JSC (by KZT7,840.2) and the third place belongs to APF GRANTUM JSC (growth by KZT4,059.4). Invested assets by financial instruments as of September 1, 2010 were allocated as follows: ----------------------------------------------------------------- As at As at As at 01.09.10 01.08.10 01.07.10 -------------------------------------- -------- -------- -------- Domestic GS of the Ministry of Finance and the National Bank: long-term 35.96 35.05 34.30 long-term in intern. currency 0.07 - - short-term 8.1 8.23 8.09 Stocks of foreign issuers (foreign currencies): stocks 2.45 2.38 2.01 corporate bonds 7.06 7.44 7.70 Foreign states' securities 3.29 3.53 3.87 Stocks of Kazakhstan companies: 2.01 2.05 2.02 stocks bonds 8.55 8.69 8.89 Deposits and deposit certificates 23.35 23.49 24.02 in the National bank of Kazakhstan and the second tier banks: KZT foreign currencies 5.65 6.37 5.87 Refined gold 0.33 0.34 0.59 Derivative instruments 1.13 1.11 0.81 Securities of international financial -0.03 -0.03 -0.03 organizations -------------------------------------- -------- -------- -------- Funds on investment accounts and other assets 2.07 1.35 1.86 ----------------------------------------------------------------- [2010-10-08]