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Net return on investment of Kazakhstanis in the UAPF exceeded 1.38 trillion tenge

For seven months of 2024, the net investment return of Kazakhstanis in the UAPF has exceeded 1.38 trillion tenge, which is 619.3 billion tenge or 81.4% more than the same period last year, the Fund's press service reports.
Net return on investment of Kazakhstanis in the UAPF exceeded 1.38 trillion tenge

The return on pension assets of the UAPF is 7.51% with inflation for this period at 4.7%.

The National Bank of the Republic of Kazakhstan (NBK) and investment portfolio managers (IPM) are constantly diversifying the investment portfolio to preserve pension assets and generate returns. That is, assets are invested in different financial instruments, currencies and are regularly redistributed with consideration of the situation. Such diversification leads to positive results and ensures sustainable investment returns.

“We would like to note that pension savings are long-term investments, and it is advisable to analyze the amount of investment return for a period of at least a year. For example, the return on investment from the date of foundation of Defined Contribution Pension System in 1998 to August 1, 2024, cumulatively amounted to 885.26% with inflation for the entire period of 794.46%. Thus, the accumulated investment return in the long term exceeds inflation,” the release says.

Photo courtesy of public sources

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