Pension assets of Kazakhstan’s Unified Accumulative Pension Fund exceed $25 billion

Finance Materials 25 May 2019 11:28 (UTC +04:00)

Baku, Azerbaijan, May 25

By Nargiz Sadikhova - Trend:

As of May 1, 2019, the volume of pension assets portfolio of Kazakhstan’s Unified Accumulative Pension Fund (UAPF) amounted to 9.762 trillion tenge ($25.757 billion), Trend reports with reference to the report published by the National Bank of Kazakhstan.

The monetary resources and financial instruments denominated in tenge equaled to 6.613 trillion tenge (67.7 percent), while those denominated in non-tenge currencies stood at 3.149 trillion tenge (32.3 percent).

In April 2019, the volume of pension assets investments denominated in tenge amounted to 76 billion tenge (excluding the money market instruments investments).

In the reporting period, the volume of investments into pension assets denominated in foreign currencies equaled to 168.7 billion tenge. This amount was used to purchase USA government securities with weighted average return of annual 2.4 percent.

Since the beginning of 2019, the volume of accrued investment income amounted to 172.4 billion tenge. The profitability of pension assets allocated on the depositors’ accounts equaled to 1.62 percent.

Furthermore, as of May 1, 2019, the UAPF’s depositors’ profitability of pension assets for the last 12 months (from May 2018 to April 2019) stood at 10.7 percent against inflation of 4.9 percent.

During this period, the real return on pension assets of UAPF amounted to 5.8 percent.

(1USD = 379 tenge on May 25)


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