Baku, Azerbaijan, May 31
By Nargiz Sadikhova - Trend:
During four months of 2019, the net investment income of Kazakhstan’s Unified Accumulative Pension Fund amounted to 172,4 billion tenge, which is 4.8 percent less than in the same period last year (181.1 billion tenge), Trend reports via Finprom.
The major part of income accounts for securities remuneration, including deposits and reverse repo transactions (241.3 billion tenge).
In turn, income from external management equaled to 5.4 billion tenge (3.1 percent of the net income), whereas the rest of the income stood at three billion tenge.
Furthermore, in January-April 2019, the loss from market re-evaluation of securities (-29.5 billion tenge) and re-evaluation of foreign currencies (-20.8 billion tenge) amounted to 50.3 billion tenge in total.
As of the end of April, the total value of pension assets amounted to 9.9 trillion tenge, which is 21.2 percent more than in 2018.
In the structure of pension assets, 42.2 percent (4.2 trillion tenge) account for Kazakhstan government securities, 28.9 percent (2.9 trillion tenge) account for securities of country’s entities, and 15.1 percent (1.5 trillion tenge) account for government securities of other countries.
Furthermore, deposits in the investment portfolio of Unified Accumulative Pension Fund amount to 6.8 percent (717.9 billion tenge) and assets of the external management equal to 0.9 percent (88.2 billion tenge).
(1USD = 380.78 KTZ on May 31)
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