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Pension assets of Kazakhstan's UAPF increase significantly

Finance Materials 6 December 2018 14:54 (UTC +04:00)

Baku, Azerbaijan, Dec. 6

By Rashid Shirinov – Trend:

Pension assets of the Unified Accumulative Pension Fund (UAPF) of Kazakhstan in October 2018 increased by 21.9 percent year-on-year and amounted to 9.3 trillion tenge, Trend reports citing Finprom.kz.

The main share in the structure of the pension portfolio belongs to government securities of Kazakhstan – 49.1 percent (4.5 trillion tenge). Next come the securities of organizations in Kazakhstan, whose share is 23.7 percent (2.2 trillion tenge). Government securities of foreign countries account for 13.5 percent (1.2 trillion tenge) of the pension portfolio, while the funds on deposits make up 7.5 percent (691.7 billion tenge).

Other financial instruments formed 6.3 percent (581.9 billion tenge) of the total pension assets.

In addition, for the first 10 months of investment activity in 2018, the investment income of UAPF amounted to 765.3 billion tenge, which is 53.9 percent more than in the same period last year.

The largest income occurred in securities remuneration – 459.1 billion tenge (60 percent of the total income). Income from foreign currency revaluation reached 285.8 billion tenge (37.3 percent), while income from market revaluation of securities amounted to 11.7 billion tenge (1.5 percent). In addition, income from external management made up 10.5 billion tenge, or 1.4 percent of the total income.

(371.8 KZT = 1 USD on Dec. 6)

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