Income coefficients of Kazakhstan pension funds for September 2003 - September 2004 according to FSA

/IRBIS, Assel Omarova, October 21, 04/ - Kazakhstan Agency for financial market and financial organizations regulation and supervision (FSA) has calculated coefficients of real and nominal returns of accumulative pension funds (APF) operating in Kazakhstan for September of 2003 - September of 2004. Data presented in the table below (data in brackets are comparable figures for August of 2003 - August of 2004). Compiling the table IRBIS agency used the data of the National Bank and Agency on the volume of net assets of APF (total of pension assets excluding liabilities on charged commission interests, accounts payable on pension payments) as of October 1 of 2003 and October 1 of 2004. Assets have been converted into US dollars at weighted average exchange's rate effective on the mentioned dates. Difference with comparable indicator of monthly prescription is given in brackets. -------------------------------------------------------------------------------- Net assets, m USD Coefficient Coefficient ------------------- Name of of real of nominal as of Oct as of Oct PAMC or APF income k3 income k2 1, 2004 1, 2003 ----------------------------------- ------------ ----------- --------- --------- Organization conducting investment management of pension assets (OCIMPA) "ABN AMRO Asset Management" JSC -------------------------------------------------------------------------------- КAPF Phillip Morris Kazakhstan JSC -3.11(-0.74) 4.35(-0.41) 7.008 5.401 APF KAPITAL JSC -1.59(-0.88) 5.99(-0.54) 33.299 12.767 APF ABN AMRO-KaspiyMunaiGas JSC -3.07(-0.55) 4.40(-0.20) 236.221 163.617 -------------------------------------------------------------------------------- OCIMPA ZHETYSU JSC -------------------------------------------------------------------------------- APF UlarUmit CJSC -2.97(-0.82) 4.50(-0.49) 583.422 388.789 -------------------------------------------------------------------------------- OCIMPA Premier Asset Management JSC -------------------------------------------------------------------------------- PAPF Kazakhstan JSC -2.14(-0.35) 5.40(+0.02) 97.218 64.914 POAPF Kurmet JSC -3.43(-0.57) 4.01(-0.22) 141.009 97.662 OAPF OTAN JSC -1.70(-0.55) 5.87(-0.20) 58.707 34.341 ----------------------------------- ------------ ----------- --------- --------- OCIMPA Activ-Invest JSC ----------------------------------- ------------ ----------- --------- --------- PAP Valut-Tranzit Fund JSC -2.02(-0.47) 5.52(-0.12) 140.570 82.476 -------------------------------------------------------------------------------- OCIMPA Bailyk asset management JSC -------------------------------------------------------------------------------- OAPF SENIM JSC -3.10(-1.03) 4.36(-0.72) 144.844 103.466 APF Korgau JSC -3.33(-0.41) 4.12(-0.05) 49.090 35.138 PAPF of open type named after D.A. Kunayev JSC -2.68(-1.07) 4.82(-0.76) 8.997 6.741 APF Nefte-Gas-Dem CJSC -2.96(-0.64) 4.51(-0.30) 84.915 57.137 ----------------------------------- ------------ ----------- --------- --------- PAMC NUR-TRUST CJSC -------------------------------------------------------------------------------- OAPF Narodniy pensionniy fond JSC -1.45(-0.58) 6.14(-0.23) 75.696 46.199 -------------------------------------------------------------------------------- OCIMPA ALFA-TRUST JSC -------------------------------------------------------------------------------- APF Kazakhmys JSC -0.88(-0.53) 6.75(-0.17) 91.111 66.805 -------------------------------------------------------------------------------- APF. which independently carry out Investment management of assets -------------------------------------------------------------------------------- APF of Halyk Bank of Kazkahstan JSC -3.90(-0.97) 3.50(-0.66) 828.844 546.172 SAPF JSC -5.54(-2.67) 1.73(-2.49) 735.329 582.330 -------------------------------------------------------------------------------- Weighted average coefficient of real income on pension assets of accumulative pension funds mentioned above for September of 2003 - September of 2004, according to the Agency's data, is negative 3.71% (negative 2.45% and negative 2.32% for two previous periods in the reverse chronological order respectively). Nominal income coefficient (К2), according to the Agency's methods, reflects the profitability of APF assets calculated by accruing totals. Real income coefficient (К3) - the Agency's estimation of assets yield including index of consumer prices in Kazakhstan which equaled according to the National Bank's data to 107.7 (107.3; 107.1) for the period. [2004-10-21]