Calculated average nominal income coefficient on pension assets of APF of Kazakhstan (K2) as of July 1, 2011: 12m - plus 4.68%; 36m - plus 12.53%; 60m - plus 35.31%
21.07.11 16:57
/IRBIS, July 21, 2011/ - Agency of the Republic of Kazakhstan on Regulation
and Supervision of Financial Market and Financial Organizations (AFS or the
Agency) to calculate the coefficients of nominal income (K2) on pension
assets (PA) from pension funds in Kazakhstan (APF) as of July 1, 2011 the
year for three periods of the funds - over the last 12, 36 and 60 months
(12m, 36m and 60m respectively).
Below is a table containing rendered today by AFN news agency of financial
markets IRBIS (Almaty), the coefficients, as well as the results of comparing
them with comparable data as of June 1, 2011.
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К2 for the period, %:
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12m 36m 60m
Name of --------------- --------------- ---------------
PAIMO or APF indicator trend indicator trend indicator trend
---------------------------- --------- ----- --------- ----- --------- -----
PAIMO GRANTUM Asset Management JSC
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Grantum APF JSC 6.02 +0.27 22.36 -0.81 40.23 -0.37
---------------------------- --------- ----- --------- ----- --------- -----
PAIMO ZHETYSU JSC
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APF UlarUmit JSC 0.03 +0.06 2.04 -0.01 22.52 +0.93
---------------------------- --------- ----- --------- ----- --------- -----
APF, independently managing assets
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APF Atameken JCS 4.41 -0.23 16.19 -3.16 36.59 -0.49
---------------------------- --------- ----- --------- ----- --------- -----
APF Amanat Kazakhstan JCS -0.41 +0.21 10.38 -2.66 31.67 -2.53
---------------------------- --------- ----- --------- ----- --------- -----
APF of Halyk Bank
of Kazakhstan JSC 7.87 +0.39 16.37 -0.26 43.68 +1.56
APF SAPF JSC 5.09 +0.11 19.16 -0.02 41.65 +0.73
APF Capital JSC 5.33 +0.05 17.89 -0.50 51.16 -1.18
APF Kazakhmys JSC 0.48 -0.79 1.93 -2.62 25.90 -1.33
APF NefteGas-Dem JSC 5.56 +0.52 19.42 -2.34 41.54 +0.28
APF Otan JSC 1.75 +0.53 5.83 -1.83 34.07 -0.86
Eurasian accumulated pension
fund JSC 7.83 +0.81 20.80 -1.41 31.98 +2.71
APF Republic JSC 6.06 +0.05 24.19 -2.63 - -
---------------------------- --------- ----- --------- ----- --------- -----
Average weighted throughout 4.68 +0.26 12.53 -0.47 35.31 +0.70
the system
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Corrected coefficient 35.02 +0.73
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Lower bound yield
24.51 +0.51
---------------------------- --------- ----- --------- ----- --------- -----
For comparison:
Accumulated inflation 8.40 +0.10 24.57 -1.05 61.59 +0.07
rate, %
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Nominal income coefficient (К2), according to the AFN's methods, reflects
the profitability of NPF assets for the mentioned period calculated by
accruing totals.
According to the resolution of the Board of the FSA on August 5, 2009 # 181
Adjusted weighted average nominal income is calculated as a weighted
average of the current value of "clean" of pension assets that were in the
investment management organization engaged in the investment
management of pension assets, and more than 60 months (as of the first
calendar day of the first month of the period for which was carried out
calculation of the coefficient K2), the value of K2 for the same period for the
Fund, the coefficient of nominal income does not exceed 130% of the
average rate of nominal income for the relevant period, calculated at current
market value " net "of pension assets.
The minimum value of the coefficient K2 is at least 70% of the value of the
adjusted weighted average rate of nominal income for the period.
[2011-07-21]