Income coefficients of Kazakhstan pension funds for January 2004 - January 2005 according to FSA

/IRBIS, Assel Omarova, February 22, 05/ - Kazakhstan Agency for financial market and financial organizations regulation and supervision (FSA or Agency) has calculated coefficients of real and nominal returns of accumulative pension funds (APF) of the republic for January 2004 - January 2005. Data presented in the table below (data in brackets are comparable figures for December, 2003 - December, 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 February 1 of 2004 and February 1 of 2005. 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 Jan as of Jan PAMC or APF income k3 income k2 1, 2004 1, 2003 --------------------------------- ------------- ------------ --------- --------- OCIMPA"ABN AMRO Asset Management" JSC -------------------------------------------------------------------------------- APF ABN AMRO-KaspiyMunaiGas JSC* -0.57 (+1.31) 6.19 (+1.50) 36.283 27.192 APF KAPITAL JSC -0.38 (+1.18) 6.39 (+1.36) 5.561 2.523 -------------------------------------------------------------------------------- OCIMPA Bailyk asset management JSC -------------------------------------------------------------------------------- PAPF of open type named after D.A. Kunayev JSC -0.90 (+0.85) 5.84 (+1.01) 1.367 1.022 APF Nefte-Gas-Dem CJSC -0.20 (+1.40) 6.59 (+1.60) 12.784 9.351 OAPF SENIM JSC -1.09 (+1.31) 5.64 (+1.50) 21.349 16.344 APF Korgau JSC -3.12 (+0.61) 3.47 (+0.75) 7.283 5.492 -------------------------------------------------------------------------------- OCIMPA Premier Asset Management JSC -------------------------------------------------------------------------------- OAPF OTAN JSC 1.35 (+1.17) 8.24 (+1.35) 9.066 5.997 --------------------------------- ------------- ------------ --------- --------- OCIMPA ALFA-TRUST JSC -------------------------------------------------------------------------------- APF Kazakhmys JSC -0.19 (+0.23) 6.59 (+0.35) 13.329 10.643 -------------------------------------------------------------------------------- OCIMPA ZHETYSU JSC -------------------------------------------------------------------------------- APF UlarUmit CJSC -0.23 (+1.60) 6.56 (+1.81) 88.822 63.494 -------------------------------------------------------------------------------- OCIMPA Activ-Invest JSC --------------------------------- ------------- ------------ --------- --------- PAP Valut-Tranzit Fund JSC -1.63 (+0.25) 5.05 (+0.36) 21.181 13.934 -------------------------------------------------------------------------------- PAMC NUR-TRUST CJSC -------------------------------------------------------------------------------- OAPF Narodniy pensionniy fond JSC 1.63 (+1.65) 8.54 (+1.86) 11.719 7.891 -------------------------------------------------------------------------------- APF. which independently carry out Investment management of assets -------------------------------------------------------------------------------- APF of Halyk Bank of Kazkahstan JSC -2.54 (+1.24) 4.09 (+1.42) 124.485 89.251 PAPF Kazakhstan JSC 2.09 (+1.76) 9.03 (+1.98) 35.873 26.102 SAPF JSC -4.21 (+0.71) 2.31 (+0.85) 106.934 90.169 -------------------------------------------------------------------------------- * in January 2005 POAPR Kurmet JSC merged with PAPF Kazakhstan JSC, therefore the change is calculated relative to Dec2004 figures as per PAPF Kazakhstan. Weighted average coefficient of real income on pension assets of above accumulative pension funds mentioned above for January 2004 - January 2005, according to the Agency's data, is negative 1.69% (negative 2.94% and negative 3.37% for two previous periods in the reverse chronological order respectively). Weighted average coefficient of nominal yield on pension assets of above accumulative pension funds for the period January 2004- January 2005, according to the Agency's data, is 5.00% (3.57%, 3.20%). 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 106.8 (106.7; 106.8) for the period. [2005-02-22]