Investments of Kazakhstan pension funds: open-end mutual funds incorporated in the USA

/IRBIS, Yelena Korpusenko, Assel Omarova, Andrey Tsalyuk, November 24, 05/ - Following of mutual funds incorporated in the USA have been included in the register of securities, purchased by Kazakhstan's pension market subjects in October of 2005. AllianceBernstein Great China '97 A (managing company - Alliance Capital Management LP; Alliance Funds, 1345 Avenue of the Americas, New York, NY 10105, USA; www.alliancecapital.com). ISIN - US0189051099. Code of Bloomberg and NASDAQ - GCHAX. According to NASDAQ, the fund's Net Asset Value (NAV) on November 15 of 2005 was 12.46 USD, at closing on November 22 - 12.53 USD. Since the end of October the fund's NAV has been growing in index expression, however today it has not reached the last (September end) and yearly (August beginning) maximums. It's one-year ranking is now 2.12%. The fund's YTD as of November 11, 05 - 0.32%. In 2004 the fund's percentile ranking was 3.74%, 5 Year - 7.07% APR. According to Bloomberg's data, AllianceBernstein Great China '97 A is an open-end fund, objective of which is long-term capital appreciation. The invests at least 80% (and normally substantially all) of its net assets in equity securities of Greater China companies, which are companies in China, Hong Kong and Taiwan. Asset class is equity. The Fund's investing style is geographically focused. Volume of assets of AllianceBernstein Great China '97 A as of May 31 of 2005, according to Bloomberg, was 47.16 m. USD. The Fund started its activity since September 3 of 1997. According to data placed on NASDAQ's web-site, AllianceBernstein Great China '97 A has following assets management ratings from Morningstar: for the last three years - "**", for the last five years - "**", summarized - "**". Fidelity Southeast Asia (managing company - Fidelity Management & Research; Fidelity Investments, 82 Devonshire Street, Boston, MA 02109, USA; www.fidelity.com). ISIN - US3159108519. Code of Bloomberg and NASDAQ - FSEAX. According to NASDAQ's data, the fund's NAV on November 15 of 2005 was 19.63 USD, at closing on November 22 - 19.74 USD. Unlike GCHAX, within the last 365 the fund's cost grew much (by about 27%) and is at present insignificantly going down within a pronounced ascending movement, which started in the very end of October. The fund's YTD as of November 11, 05 was 19.73%. In 2004 the fund's percentile ranking was 13.60%, 5 Year - 10.23% APR. Fidelity Southeast Asia is an open-end fund, objective of which is capital appreciation. The Fund normally invests at least 80% of its assets in securities of Southeast Asian issuers and other investments that are tied economically to Southeast Asia. The Fund normally invests primarily in common stocks. The Fund's investing style is geographically focused. Volume of assets of Fidelity Southeast Asia as of October 31 of 2005, according to Bloomberg's data, was 785.52 m. USD. The Fund started its activity since April 20 of 1993. According to data placed on NASDAQ's web-site, Fidelity Southeast Asia has following assets management ratings from Morningstar: for the last three years - "****", for the last five years - "***", for the last ten years - "***", summarized - "***". Guinness Atkinson Asia Focus (managing company - Guinness Atkinson Asset Management LLC; Guinness Atkinson Asset Mmgt. LLC, 2020 East Financial Way, Suite 100, Glendora, CA 91741, USA; www.gafunds.com). ISIN - US4020311084. Code of Bloomberg and NASDAQ - IASMX. According to NASDAQ's data, the fund's NAV on November 15 of 2005 was 11.61 USD, at closing on November 22 - 11.62 USD. Dynamics of the fund's NAV as of November 11, 05 is as follows: 1 Month - minus 2.09%, YTD - 12.79%, 1 Year (last 365 or 360 days) - 18.35%, year 2004 - 10.01%, 5 Year - 13.34% APR. Guinness Atkinson Asia Focus is an open-end fund, objective of which is long-term capital appreciation. The Fund intends to invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of Asian companies. Money is invested in common stocks of companies with different sizes of capitalization. The Fund's investing style is geographically focused. Volume of assets of Guinness Atkinson Asia Focus as of April 15 of 2004, according to Bloomberg's data, was 40.85 m. USD. The Fund started its activity since April 29 of 1996. According to data placed on NASDAQ's web-site, Guinness Atkinson Asia Focus has following assets management ratings from Morningstar: for the last three years - "****", for the last five years - "***", for the last ten years - "***", summarized - "***". Matthews Pacific Tiger (managing company - Matthews International Capital Management; Matthews International Capital Mgmt., 456 Montgomery Street, Suite 1200, San Franciso, CA 94104, USA; www.matthewsfunds.com). ISIN - US5771301075. Code of Bloomberg and NASDAQ - MAPTX. According to NASDAQ's data, the fund's NAV on November 15 of 2005 was 17.86 USD, at closing on November 22 - 18.10 USD. Dynamics of the fund's NAV as of November 11, 05 is as follows: 1 Month - minus 1.97%, YTD - 12.89%, 1 year (last 365 or 360 days) - 23.47%, 2004 - 23.34%, 5 Year - 14.46% APR. Matthews Pacific Tiger is an open-end fund, objective of which is long- term capital appreciation. The Fund invests at least 80% of its assets in common and preferred stocks of companies located in the Pacific Tiger countries. The Fund's investing style is geographically focused. Volume of assets of Matthews Pacific Tiger as of October 31 of 2005, according to Bloomberg's data, was 1,640.81 m. USD. The Fund started its activity since September 12 of 1994. According to data placed on NASDAQ's web-site, Matthews Pacific Tiger has following assets management ratings from Morningstar: for the last three years - "*****", for the last five years - "****", for the last ten years - "****", summarized - "****". T. Rowe Price New Asia (managing company - T. Rowe Price International; T. Rowe Price Funds, 100 East Pratt Street, Baltimore, MD 21202, USA; www.troweprice.com). ISIN - US77956H5000. Code of Bloomberg and NASDAQ - PRASX. According to NASDAQ's data, the fund's NAV on November 15 of 2005 was 11.77 USD, at closing on November 22 - 11.75 USD. Dynamics of the fund's NAV as of November 11, 05 is as follows: 1 Month - minus 1.34%, YTD - 17.63%, 1 Year (last 365 or 360 days) - 29.19%, 2004 - 18.60%, 5 Year - 9.74% APR. T. Rowe Price New Asia is an open-end fund, objective of which is long- term growth of capital. The Fund invests all of its assets in companies located in Asian countries or with primary operations there, with the exclusion of Japan. The Fund's investing style is geographically focused. Volume of assets of T. Rowe Price New Asia as of October 31 of 2005, according to Bloomberg's data, was 1,285.80 m. USD. The Fund started its activity since September 28 of 1990. According to data placed on NASDAQ's web-site, T. Rowe Price New Asia has following assets management ratings from Morningstar: for the last three years - "****", for the last five years - "***", for the last ten years - "***", summarized - "***". Information of Bloomberg agency, data of NASDAQ and Morningstar, as well as information placed on the above-mentioned managing companies' web-sites, was used while making this news. [2005-11-24]