Incomes coefficient of Kazakhstan pension funds within September of 2002 - September of 2003 according to National Bank's data

/IRBIS, October 23, 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 September of 2002 - September 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 October 1 of 2002 and October 1 of 2003. Assets have been converted into US dollars at the weighted average stock exchange's rate, which was in effect on the mentioned dates. In parentheses the difference with comparable indicator of one month prescription is given. ------------------------------------------------------------------ Net assets, m USD Coefficient Coefficient --------------- of of As of As of Name of real nominal Oct 1, Oct 1, PAMC or APF income k3 income k2 03 02 ------------------------ ------------ ------------ ------- ------- Pension assets management company ABN AMRO Asset Management CJSC ------------------------------------------------------------------ КNPF Phillip Morris 2.25(-0.22) 8.28(+0.07) 5.401 3.826 Kazakhstan CJSC APF KAPITAL CJSC -0.01(+0.23) 5.89(+0.54) 12.767 2.271 ABN AMRO- 2.68(-0.41) 8.74(-0.12) 163.617 110.990 KaspiyMunaiGas APF CJSC ONAPF NefteGas-Dem CJSC 1.00(-0.19) 6.96(+0.11) 57.137 36.912 ------------------------------------------------------------------ Pension assets management company ZHETYSU CJSC ------------------------------------------------------------------ APF YlarYmit CJSC 1.64(-0.66) 7.63(-0.40) 388.789 271.017 APF Kazakhmys CJSC -1.82(-0.44) 3.98(-0.16) 66.805 53.424 ------------------------------------------------------------------ Pension assets management company Ak niyet CJSC ------------------------------------------------------------------ PAPF of open type named Kunayev D.A. CJSC -0.05(+0.31) 5.85(+0.63) 6.741 4.662 ------------------------------------------------------------------ Pension assets management company BTA Asset Management CJSC ------------------------------------------------------------------ NAPF Kazakhstan CJSC 1.54(-0.41) 7.53(-0.13) 64.914 42.273 NOAPF Kurmet CJSC 1.61(-0.44) 7.61(-0.16) 97.662 63.350 ONPF OTAN CJSC 1.62(-0.70) 7.62(-0.43) 34.341 10.751 ------------------------------------------------------------------ Private pension assets management company Activ - Invest CJSC ------------------------------------------------------------------ ЗАО "ННП Валют- 1.72(-0.36) 7.73(-0.07) 82.476 41.418 Транзит Фонд" ------------------------------------------------------------------ Pension assets management company BESTINVEST CJSC ------------------------------------------------------------------ APF SENIM CJSC 2.87(-0.09) 8.94(+0.21) 103.466 75.825 APF Korgau CJSC -0.54(-0.37) 5.33(-0.09) 35.138 21.972 ------------------------------------------------------------------ Pension assets management company NUR-TRUST CJSC ------------------------------------------------------------------ APF Narodniy pensionniy 2.52(-0.23) 8.57(+0.07) 46.199 28.653 fond CJSC ------------------------------------------------------------------ APF, which independently carry out Investment management of assets ------------------------------------------------------------------ APF of Halyk Bank of 3.02(-0.14) 9.10(+0.16) 546.172 349.058 Kazkahstan CJSC SAPF CJSC 4.63(+1.26) 10.81(+1.66) 582.330 457.453 ------------------------------------------------------------------ Weighted average coefficient of real income on pension assets of accumulative pension funds mentioned above for September of 2002 - September of 2003 equaled, according to the Department's data, to 2.04% (2.39% and 3.39% for two previous periods in the reverse chronological order correspondingly). According to the Department's data, while calculating this indicator coefficients of SAPF are not taken into account. 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 105.9 (105.6; 105.1) for 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 3.87% (estimation of IRBIS, tenge has strengthened relative to dollar), does not take into account К3. 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. [2003-10-23]