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

/IRBIS, Assel Omarova, November 17, 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) of the republic for October, 2003 - October, 2004. Data presented in the table below (data in brackets are comparable figures for September, 2003 - September, 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 November 1 of 2003 and November 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 -2.81(+0.30) 4.48(+0.13) 7.166 5.496 APF KAPITAL JSC -2.30(-0.71) 5.03(-0.96) 35.442 13.878 APF ABN AMRO-KaspiyMunaiGas JSC -2.70(+0.37) 4.60(+0.20) 246.015 167.983 -------------------------------------------------------------------------------- OCIMPA ZHETYSU JSC -------------------------------------------------------------------------------- APF UlarUmit CJSC -3.06(-0.09) 4.21(-0.29) 607.622 400.910 -------------------------------------------------------------------------------- OCIMPA Premier Asset Management JSC -------------------------------------------------------------------------------- PAPF Kazakhstan JSC -1.62(+0.52) 5.76(+0.36) 101.548 67.169 POAPF Kurmet JSC -3.34(+0.09) 3.91(-0.10) 147.203 100.293 OAPF OTAN JSC -1.52(+0.18) 5.86(-0.01) 61.481 36.025 ----------------------------------- ------------ ----------- --------- --------- OCIMPA Activ-Invest JSC ----------------------------------- ------------ ----------- --------- --------- PAP Valut-Tranzit Fund JSC -2.00(-0.02) 5.35(-0.17) 146.956 85.922 -------------------------------------------------------------------------------- OCIMPA Bailyk asset management JSC -------------------------------------------------------------------------------- OAPF SENIM JSC -3.06(+0.04) 4.21(-0.15) 149.964 105.663 APF Korgau JSC -3.71(-0.38) 3.52(-0.60) 51.014 36.062 PAPF of open type named after D.A. Kunayev JSC -2.79(-0.11) 4.50(-0.32) 9.349 6.785 APF Nefte-Gas-Dem CJSC -2.81(+0.15) 4.47(-0.04) 88.431 59.005 ----------------------------------- ------------ ----------- --------- --------- PAMC NUR-TRUST CJSC -------------------------------------------------------------------------------- OAPF Narodniy pensionniy fond JSC -1.05(+0.40) 6.37(+0.23) 79.344 47.861 -------------------------------------------------------------------------------- OCIMPA ALFA-TRUST JSC -------------------------------------------------------------------------------- APF Kazakhmys JSC -0.74(+0.14) 6.71(-0.04) 94.103 67.750 -------------------------------------------------------------------------------- APF. which independently carry out Investment management of assets -------------------------------------------------------------------------------- APF of Halyk Bank of Kazkahstan JSC -4.37(-0.47) 3.80(-0.70) 862.549 564.507 SAPF JSC -6.09(-0.55) 0.96(-0.77) 761.414 593.706 -------------------------------------------------------------------------------- Weighted average coefficient of real income on pension assets of above accumulative pension funds mentioned above for October, 2003 - October, 2004, according to the Agency's data, is negative 3.91% (negative 3.71% and negative 2.45% 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 107.5 (107.7; 107.3) for the period. [2004-11-17]