The National Bank, as a trustee, has invested funds of Kazakhstanis in the following securities:
˗ Kazakhstani government securities issued by the Ministry of Finance of the Republic of Kazakhstan, the current value of which is 5,292.61 billion tenge (42.3% of the total portfolio). The weighted average yield to maturity on government securities of the Ministry of Finance of the Republic of Kazakhstan, denominated in tenge, amounts to 8.8% per annum, in US dollars - 4.2% per annum.
˗ bonds of quasi-governmental organizations of the Republic of Kazakhstan (with current value of KZT 1,756.42 billion (13.95%)). The weighted average yield to maturity on bonds of quasi-governmental organizations of the Republic of Kazakhstan denominated in tenge is 10.8% per annum, in US dollars - 6.6% per annum.
- bonds of second-tier banks of the Republic of Kazakhstan in the amount of 1,049.25 billion tenge (8.33%). The weighted average yield to maturity on bonds of STB RK denominated in tenge amounts to 10% per annum. The current value of deposits placed with STBs is 248.86 billion tenge (or 1.98% of the portfolio). The weighted average yield to maturity of deposits of second-tier banks of the Republic of Kazakhstan as of the reporting date is 9.1% per annum.
- assets under external management in the amount of 1,134.51 billion tenge (9.01% of the portfolio). The increase compared to January 1, 2021 is 38.94%.
Investment portfolio managers
Pension assets held in trust by JSC Jýsan Invest amounted to 1.2 billion tenge. They were used to purchase government securities of the Ministry of Finance of the Republic of Kazakhstan (26.09%), NBRK notes (27.28% of the portfolio). Exchange Traded Funds (ETF) shares make up 46.36% of the portfolio, the rest of assets (0.27%) are in cash funds in investment accounts. The share of the portfolio in tenge is 53.64%, in US dollars - 46.36%. The amount of accrued return on investment for the period from 03/15/2021 to 04/30/2021 amounts to 30.24 million tenge. As a result of investment activities, as well as due to the volatility of foreign exchange rates and changes in the market value of financial instruments, the return on pension assets is 3.69%.
Pension assets in trust management by JSC Halyk Global Markets amounted to 751.2 million tenge as of May 1. Reverse repo transactions (73.42%), STB bonds (6.71%), equity instruments of foreign issuers (19.73%) and cash on accounts are in the portfolio structure. 80.27% of the portfolio is denominated in national currency, 19.73% - in US dollars. The amount of accrued return on investment for the period from 03/15/2021 to 04/30/2021 is 5.01 million tenge, the return on pension assets for the same period is 0.8%.
As of May 1, 2021, pension assets held in trust by JSC BCC Invest amounted to 540.54 million tenge. They are allocated in bonds of Kazakhstani quasi-state organizations (16.65%), bonds of STB of the Republic of Kazakhstan (10.66%), shares (ETF on indices) (28.34%), stocks and depository receipts of foreign issuers (17.29%), and money in investment accounts (5.04%). 54.3% of the portfolio is denominated in national currency, 45.7% in US dollars. The amount of accrued investment return for the period from 03/15/2021 to 04/30/2021 is 5.02 million tenge, the return on pension assets for the same period is 1.26%.
As of May 1, 2021, the UAPF pension assets held in trust by JSC Centras Securities amounted to 337.35 million tenge. They are invested in the government securities of the Ministry of Finance of the Republic of Kazakhstan (79.3%), repo (20.47%) and money in investment accounts. All the investments are in national currency. The amount of accrued return on investment for the period from 01.04.2021 to 30.04.2021 is 2.64 million tenge. As a result of investment activities and changes in the market value of financial instruments, the return on pension assets is 0.87%.
Photos are from open sources.
