According to CFS NBK, Kazakhstan net pension assets reached KZT 2,419.0 billion ($16.6 billion) as of June 1, 2011

/IRBIS, June 23, 2011/ - According to the data of the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank (CFS NBK), 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 June 1, 2011 reached KZT 2,419.0 billion. (equivalent of $16,633.3 million at the weighted average exchange rate effective on the mentioned date). Corresponding indicator from April 1, 2011 is KZT 2,386.3 billion or $16,396.1 million. In May 2011 net assets of accumulative pension funds (APF) grew by 1.4% in tenge and dollar terms relative to the previous month. As of the beginning of May 2011, the total sum of pension assets made KZT 2,422.2 bln., of which KZT 2,363.6 bln were invested. Total for May 2011 in the country were three specialized organizations engaged in investment management of pension assets (IMPA), and 12 of the APF. Nine funds - JSC "Accumulation Pension Fund of the People's Savings Bank of Kazakhstan", JSC "SPC" SAPF, JSC APF BTA Kazakhstan TO BTA Bank "JSC," SPF "Capital", JSC "SPC" Kazakhmys " JSC "OSPF" Otan ", JSC" SPC "Oil & Gas-Dem", JSC "SPC" Republic "and Eurasian APF managed their pension assets on their own. The share of the PA under management of those funds was at the beginning of June 2011 71.5% of the PA of the country (on May 1, 2011 - 71.0%). The following table shows the amount of assets of each fund (million KZT, unless otherwise indicated), as well as the distribution of assets of APF on IMPA on June 1, 2011. In parentheses are shown for comparison the share of the funds and IMPA on May 1, 2011. . ------------------------------------------------------------------------------ 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 188,834 +6.1 189,051 7.80 (7.46) 183,652 ------------------------- --------- -------- --------- ------------- --------- Total 188,834 +6.1 189,051 7.80 (7.46) 183,652 ------------------------- --------- -------- --------- ------------- --------- PAIMO Zhetisu JSC ------------------------------------------------------------------------------ APF Ular Umit JSC* 426,382 -3.3 426,403 17.60 (18.46) 411,944 ------------------------- --------- -------- --------- ------------- --------- Total 426,382 -3.3 426,403 17.60 (18.46) 411,944 ------------------------- --------- -------- --------- ------------- --------- PAIMO Nur-Trust JSC ------------------------------------------------------------------------------ OAPF.Atameken.JSC 74,038 +1.2 74,183 3.06 (3.06) 71,803 ------------------------- --------- -------- --------- ------------- --------- Total 74,038 +1.2 74,183 3.06 (3.06) 71,803 ------------------------- --------- -------- --------- ------------- --------- APF operating as pension assets management companies independently ------------------------------------------------------------------------------ APF NefteGas-Dem JSC 86,877 +2.1 86,969 3.59 (3.56) 86,734 APF Eurasian JSC 78,318 -1.0 79,148 3.27 (3.32) 77,251 APF Respublica JSC 65,159 +3.0 65,217 2.69 (2.65) 64,215 APF SAPF JSC 423,038 +2.6 423,741 17.49 (17.30) 413,909 APF of Halyk Savings Bank of Kazakhstan JSC 803,420 +2.1 804,426 33.21 (33.01) 786,186 APF Kazakhmys 24,252 +0.5 24,334 1.00,(1.01) 22,468 OAPF Otan JSC 67,035 +2.6 67,057 2.77 (2.73) 65,757 APF Capital JSC 123,692 +2.6 123,855 5.11 (5.05) 122,939 ------------------------- --------- -------- --------- ------------- --------- AMANAT-Kazakhstan APF JCS 57,938 +1.7 57,827 2.39 (2.38) 56,689 ------------------------- --------- -------- --------- ------------- --------- Total 1,729,730 +2.1 1,732,574 71.53 (71.02) 1,696,147 ------------------------- --------- -------- --------- ------------- --------- TOTAL pension assets 2,418,984 +1.4 2,422,211 100 2,363,546 ------------------------------------------------------------------------------ The major APF the end of May 2011 in terms of pure PA were (in descending order PA): JSC "APF of Halyk Savings Bank of Kazakhstan", JSC "APF "SAPF" and JSC "APF "UlarUmit". In terms of volume of assets under management leader tendency is continued by JSC "APF of Halyk Savings Bank of Kazakhstan" (33.2% of all agents in the management). On the second place is JSC "APF "UlarUmit" (17.6%), on the third place - JSC "APF "SAPF" (17.5%). The highest rate of growth of assets in May 2011 characterized JSC "APF GRANTUM" (6.1% in Tenge). In absolute monetary terms, by the greatest amount of growth of assets in the lead is JSC "APF Halyk Savings Bank of Kazakhstan" (at 15,601.7 million tenge). On second place on this indicator is JSC "SPC GRANTUM" (at 10,771.5 million tenge), the third - JSC "APF "SAPF"(at 10,425.3 million tenge). Invested assets by financial instruments as of June 1, 2011 were allocated as follows: ----------------------------------------------------------- June 1 May 1 April 1 -------------------------------------- ------ ----- ------- Domestic GS of the Ministry of Finance and the National Bank: long-term 37.15 37.68 37.73 long-term in intern. currency 0.12 0.12 0.10 short-term 6.90 6.72 5.67 Stocks of foreign issuers (foreign currencies): stocks 3.67 3.52 3.74 corporate bonds 6.14 5.85 5.95 Foreign states' securities 1.25 0.54 1.54 Stocks of Kazakhstan companies: 1.88 2.51 2.31 stocks bonds 6.99 7.24 7.38 Deposits and deposit certificates 23.31 23.57 23.24 in the National bank of Kazakhstan and the second tier banks: KZT foreign currencies 6.29 6.76 7.07 Refined gold 0.61 0.61 0.62 Derivative instruments 3.27 3.09 2.28 Securities of international financial -0.01 0 0 organizations -------------------------------------- ------ ----- ------- Funds on investment accounts and other assets 2.42 1.79 2.37 ----------------------------------------------------------- [2011-06-23]