Kazakhstan APF conventional pension unit dynamics from beginning of operation till May 1, 2011

/IRBIS, May 17, 2011/ - The table below comprises values of conditional pension unit (UPE) of Kazakhstan national pension funds (NPF) as of May 1, 2011, presented to IRBIS agency for spreading by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations, and also dynamics of this indicator in different periods of funds' operation (calculated by IRBIS). Assets management efficiency should be judged not on the basis of absolute value of PE, but by its changing speed, as unit absolute value depends on the term of fund's operation. Exactly due to this reason IRBIS operates speed of UPE changing in different periods, expressed in percentage APR (these indicators are given without parenthesis). This indicator for each year was received as differences between final and initial values of CPU referred to initial value, expressed in percentage, divided by number of days in the period and multiplied by 365. According to IRBIS specialists, the received indicator may be considered as indicated yield of fund's assets in the period for depositor (without account of inflation influence). Funds have been sorted out by the order corresponding to the start of operation in the market. Trends are given in parenthesis: for CPU value - in percent relative to corresponding data as of April 1, 2011, for CPU changing - in percentage items (i.e. value of previous period is deducted from the current yield expressed as percents per annum) relative to the same date. ---------------------------------------------------------------------- CPU change, % APR ----------------------------------------------- Value -------------------- since the beginning of: over the last: Activity of -------------------------- -------------------- start CPU on acti- Fund date May 1, vity 2008 2009 2010 6 mon. 3 mon. 1 mon. 2011 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ SAPF 15.01.98 431.499 24.93 6.36 7.39 6.20 4.19 4.23 5.96 +0.5 +0.004 +0.02 -0.02 +0.01 +0.02 +1.4 +1.9 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ HBK 24.02.98 542.736 33.57 5.88 12.20 7.12 11.62 11.63 8.36 +0.7 +0.1 +0.1 -0.1 +0.1 +0.1 -0.7 -0.3 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ Atame 22.03.98 550.398 34.33 5.99 5.76 4.40 3.68 3.13 -2.42 ken -0.2 -0.3 -0.2 -0.3 -0.5 -1.1 -1.4 -10.7 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ Ama- 24.03.98 428.930 25.09 3.99 1.80 0.93 0.45 -5.52 -2.68 nat -0.2 -0.2 -0.2 -0.2 -0.2 -1.6 +0.01 +19.1 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ Kaz- 19.04.98 474.476 28.72 2.33 2.24 2.70 0.14 4.53 -12.40 mys -1.0 -0.6 -0.4 -0.6 -1.0 -6.3 -4.8 -33.1 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ UlUm 20.04.98 459.699 27.59 1.27 10.78 1.85 0.16 -8.85 1.73 +0.1 -0.1 +0.01 -0.3 -0.0 -2.0 -2.1 -12.9 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ BTA 28.04.98 501.470 31.11 7.26 6.46 5.98 5.34 6.16 5.61 +0.5 -0.02 -0.01 -0.001 +0.003 -0.1 +0.9 -0.9 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ NGD 07.06.98 350.368 20.57 8.08 10.39 7.33 7.84 9.46 8.05 +0.7 +0.1 +0.1 -0.02 +0.1 +0.8 +0.2 -3.5 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ Gran- 03.03.99 271.447 14.54 6.88 7.55 9.45 10.60 14.94 6.90 tum +0.6 +0.03 +0.04 +0.02 -0.1 +1.0 +0.01 -25.2 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ Evraz 20.07.99 190.753 9.62 3.48 3.30 3.20 -1.23 0.30 22.84 +1.9 +0.3 +0.5 +0.8 +1.3 +2.2 +12.4 +29.6 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ Otan 26.11.01 196.503 10.54 6.97 6.64 5.78 5.38 5.40 4.47 +0.4 -0.02 -0.04 -0.1 -0.1 -0.4 -0.7 -3.5 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ Kapi- 06.03.02 138.619 9.76 9.74 8.06 6.37 6.40 5.86 4.94 tal +0.4 -0.1 -0.1 -0.1 -0.1 -0.6 -0.5 -1.7 ----- -------- ------- ------ ----- ------ ------ ------ ------ ------ RES 18.05.07 431.499 24.93 6.36 7.39 6.20 4.19 4.23 5.96 +0.5 +0.004 +0.02 -0.02 +0.01 +0.02 +1.4 +1.9 ---------------------------------------------------------------------- The table below shows dynamics of the described above indicator of CPU changing (% APR) in monthly terms for the last 12 months. The funds are sorted out in alphabetical order. ------------------------------------------------------------------------------- 2010 2011 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- Fund V VI VII VIII IX X XI XII I II III IV Ave rage ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -- Ama +0.1 -12.7 -12.7 -0.2 +2.0 +7.0 +5.3 +16.4 -2.8 +9.6 -21.7 -2.7 -1.05 nat Atam +3.2 +10.0 +3.2 +4.2 +3.9 +3.9 +5.6 +5.2 +1.8 +3.3 +8.3 -2.4 +4.2 SAPF +1.0 +2.1 +4.2 +7.4 +7.0 +5.8 +5.1 +5.3 +1.9 +2.5 +4.1 +6.0 +4.4 Gran -1.4 +0.1 +5.1 +4.5 +3.3 +3.7 +4.5 +6.2 +7.6 +8.4 +11.6 +8.1 +5.1 tum Euras+7.4 -0.8 +4.5 +6.0 +6.9 +1.2 +4.4 +6.8 +7.1 +4.2 +32.1 +6.9 +7.2 Kaz +10.2 -15.8 +0.5 -0.3 -1.4 +24.4 -2.0 -11.8 +1.7 +5.0 +20.7 -12.4 +1.6 mys Capi +4.9 -8.4 +4.7 +10.1 +8.7 +6.6 +4.1 +5.0 +6.6 +3.5 +7.9 +4.5 +4.9 tal NBK -16.8 +1.5 +8.9 +0.1 +4.8 +8.0 +9.9 +13.1 +10.5 +18.1 +8.7 +8.4 +6.3 NGD -7.1 +5.5 +6.4 +4.6 +6.4 +6.1 +1.9 +8.5 +2.9 +6.3 +6.5 +5.6 +4.5 Otan +1.4 +6.2 -1.6 +11.9 -2.9 +8.7 -14.0 +20.3 -14.5 -15.7 -6.7 +22.8 +1.3 RES +1.8 +4.7 +4.9 +9.0 +4.0 +8.6 +6.6 +7.3 +6.4 +5.9 +6.6 +4.9 +5.9 UlUm-11.4 -29.4 -4.1 +3.7 +14.0 +13.5 +4.0 +15.4 +7.6 -45.6 +14.6 +1.7 -1.3 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- Ave -0.6 -2.4 +1.8 +6.7 +5.9 +7.4 +2.2 +7.4 -3.9 -0.9 +8.7 -89.6 -4.8 rage -------------------------------------------------------------------------------- Abbreviations are used in the table for reason of convenience, as follows: Amanat - PAPF AMANAT- KAZAKHSTAN JSC (former name is PAPF of open type named after Kunaev JSC); Atam - APF Atameken JSC; BTA - till February 7, 06 -APF BTA Kazakhstan JSC, afterwards - DOJSC TuranAlem bank JSC APF BTA Kazakhstan; HBK - APF of Halyk Bank of Kazakhstan JSC; Kazmys - APF Kazakhmys JSC; UlUm - till Oct 1,01 OAPF Ular CJSC, afterwards - APF UlarUmit CJSC; NGD - APF NefteGas-DEM CJSC; Grantum - till April 6, 06 - ABN AMRO-KaspiyMunayGas APF JSC, afterwards - GRANTUM APF JSC (Subsidiary company of Kazkommertsbank JSC); Evraz - Eurasian accumulated pension fund JSC (Subsidiary of Eurasian Bank JSC); Korgau - APF Korgau JSC; Otan - OAPF OTAN JSC; SAPF - Accumulative pension fund SAPF JSC; Capital - APF CAPITAL JSC (subsidiary of Bank CenterCredit JSC); RES - APF RESPUBLIKA JSC. The data aforementioned is not an offer or recommendation to sell or buy any financial instruments on KASE. Using the data while making investment decisions does not rest the responsibility for possible losses resultant from such decision on the IRBIS agency. [2011-05-17]