Incomes coefficient of Kazakhstan pension funds within February of 2002 - February of 2003 according to National Bank's data
26.03.03 00:00
/IRBIS, March 26, 03/ - Financial supervision department of the National Bank
of Kazakhstan (Department) has calculated coefficients of real and nominal
returns of the country's accumulative pension funds (APF) for February of 2002
- February of 2003.
Data is presented in the table below. While compiling the table IRBIS agency
used information of the National bank on net assets volume of APF (the sum of
pension assets excluding liabilities on imposed commission fees, accounts
payable on pension payments) as of March 1 of 2002 and March 1 of 2003.
Assets have been converted into US dollars at the official National Bank's rate
of exchange, which was in effect on the mentioned dates. In parentheses the
difference with comparable indicator of one month's prescription is given.
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Net assets,
Coefficient Coefficient m USD
Name of of real of nominal As of As of
PAMC or APF income k3 income k2 Mar 1, 03 Mar 1, 02
------------------------------- ----------- ------------ --------- ---------
State accumulative pension fund (SAPF) CJSC
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SAPF 6.60(-0.48) 14.06(-0.41) 507.268 401.430
------------------------------- ----------- ------------ --------- ---------
Pension assets management company ABN AMRO Asset Management CJSC
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КNPF Phillip Morris Kazakhstan
CJSC 2.20(-1.20) 9.35(-1.18) 4.477 3.019
ABN AMRO-KaspiyMunaiGas
APF" CJSC 4.40(-0.30) 11.71(-0.21) 130.547 86.634
APF KAPITAL CJSC - - 5.230 0
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Pension assets management company ZHETYSU CJSC
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APF YlarYmit CJSC 4.93(-1.29) 12.28(-1.27) 308.599 221.063
APF Kazakhmys CJSC 3.29(-1.77) 10.52(-1.79) 59.079 45.481
ONAPF NefteGas-Dem CJSC 4.50(-0.52) 11.82(-0.45) 44.263 28.366
------------------------------- ----------- ------------ --------- ---------
Company of Halyk Bank of Kazakhstan on pension assets management CJSC
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APF of Halyk Bank of
Kazakhstan CJSC 4.47(-0.43) 11.78(-0.36) 421.217 274.298
ONPF OTAN CJSC 2.34(-0.45) 9.50(-0.38) 22.743 1.967
------------------------------- ----------- ------------ --------- ---------
Pension assets management company Ak niyet CJSC
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APF Korgau CJSC 1.02(-2.24) 8.09(-2.30) 26.978 16.152
PAPF named by Kunayev D.A.
CJSC 2.92(-0.90) 10.12(-0.86) 5.648 3.603
------------------------------- ----------- ------------ --------- ---------
Pension assets management company BTA Asset Management CJSC
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NAPF Kazakhstan CJSC 3.63(-1.33) 10.88(-1.32) 50.226 33.483
NOAPF Kurmet CJSC 3.56(-1.43) 10.81(-1.43) 76.897 47.414
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Private pension assets management company Activ - Invest CJSC
------------------------------- ----------- ------------ --------- ---------
NNP Valyut-Transit Fund CJSC 3.32(-1.11) 10.55(-1.08) 56.258 28.664
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Pension assets management company BESTINVEST CJSC
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APF SENIM CJSC 4.93(-0.53) 12.27(-0.47) 87.877 63.218
------------------------------- ----------- ------------ --------- ---------
Pension assets management company NUR-TRUST CJSC
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APF Narodniy pensionniy
fond CJSC 1.81(-2.26) 8.94(-2.31) 34.793 21.569
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Weighted average coefficient of real income on pension assets of accumulative
pension funds mentioned above for February of 2002 - February of 2003
equaled, according to the Department's data, to 4.29% (5.20% and 5.83% for two
previous periods in the reverse chronological order correspondingly).
Nominal income coefficient (К2), according the Department's methods, reflects
the profitability of APF assets calculated by accruing totals.
Real income coefficient (К3) - the department's estimation of assets yield
including index of consumer prices in Kazakhstan which equaled according to the
National Bank's data to 107.0 (106.9; 106.6) within the period.
Devaluation of the national currency that is estimated in this period by the
stock exchange's weighted average rate of KZT to USD at negative 0.30%
(estimation of IRBIS, tenge has strengthened relative to dollar), does not take
into account К3. De-facto, investors' assets are protected from devaluation
during management by making investing into securities indexed by changing the
exchange's rate of KZT to USD, currency securities and into banks' dollar
deposits as well.
Note: agency IRBIS is not responsible for the accuracy of the data given to the
agency as well as for calculation methods correctness of the mentioned above
coefficients.
[2003-03-26]