Profitability of OMF Kaznacheystvo (Kazakhstan) under control of Centras Securities JSC (Kazakhstan) in Q1, 2006 - 8.55% APR, since activity start - 12.41% APR

/IRBIS, Assel Omarova, April 11, 06/ - In the first quarter of 2006 profitability of assets of open mutual fund (OMF) "Kaznacheystvo" (Almaty, NIN - KZPFN0002027), whose assets are managed by Centras Securities JSC (Almaty), totaled 8.55% APR, the fund's investment report given to IRBIS agency says. Yield of the fund's assets in the second quarter of 2005 was 13.78% APR, in the third - 13.36% APR, in the fourth - 12.37% APR. The fund started its activity on January 21 of 2005 while fund cost was KZT100.0 th. As of April 1 of 2006, according to the managing company's data, fund cost grew to KZT114,757.12. Since the beginning of activity the fund's profitability is estimated by the managing company at 12.41% APR. Structure of investment portfolio of OMF Kaznacheystvo as of April 1, 06 was as follows (similar data complied as of January 1, 06 are given in parentheses): - funds - 0% (0.51%); - T-bills - 5.11% (11.14%); - bank deposits - 26.89% (26.73%); - reverse repo - 6.33% (9.00%); - corporate bonds - 34.08% (24.05%); - shares - 0% (0%); - money market instruments - 27.63% (28.57%). Assets were represented in both the national currency (65.16%) as well as in foreign currency (34.84%). Cost of net assets of OMF Kaznacheystvo according to the managing company's estimate as of April 1 of 2006 totaled KZT203.73 m. (as of January 1 of 2006 - KZT188.55 m.). [2006-04-11]