/IRBIS, November 24, 2011/ - Investment portfolio of pension assets of JSC "SAPF" as of November 1, 2011, is mainly represented by government securities of the Republic of Kazakhstan, the share of these securities in the portfolio is 38.51%, of which the share of Treasury bonds is 89.41%, according to today's press-service of the SAPF.

"Government securities of the Republic of Kazakhstan are reliable investments", - the report says.

It was pointed out that in the period from 01 October to 1 November 2011 there was an increase in the proportion of GS of RK by 1.87%. During the reporting period GS of Ministry of Finance were acquired.

The share of investments in government securities and foreign bonds of international financial institutions as of November 1, 2011 was 4.86% and 5.47% respectively.

The share of government securities of foreign countries decreased in October 2011 at 0.52%. In particular, in order to obtain investment income SAPF in October 2011 were sold government securities of the Government of Germany.

The share of portfolio investment in securities of international financial institutions increased by 0.15%, due to positive exchange rate revaluation.

"Government securities and foreign bonds of international financial institutions, along with government securities of Kazakhstan are one of the safest types of investments", - was stated in the message.

The share of deposits is 15.91% of total portfolio investments. Deposits are placed in number of most reliable banks of Kazakhstan - JSC "Kazkommertsbank", JSC SB "Sberbank of Russia", JSC "VTB Bank", JSC "ATF Bank", JSC "Caspian Bank", JSC "Nurbank", JSC "Eurasian Bank", JCS "Tsesnabank".

It was indicated that the proportion of deposits in the portfolio of STB decreased by 0.25%. During the reporting period, movements of deposits were not, respectively, this decrease occurred due to an increase in pension assets.

Pension assets of SAPF are also placed in bonds of Kazakh companies: JSC "Sovereign Wealth Fund "SK", JSC "NC "KazMunayGas", JSC "Development Bank of Kazakhstan", JSC "Agricultural Credit Corporation", JSC "Food Corporation", JSC "KazTransCom", etc. The share of corporate bonds is 15.63%.

The share of corporate bond portfolio issuers has decreased by 1.21%. In general decrease occurred in connection with the early redemption of bonds of JSC "Halyk Bank of Kazakhstan", as well as the reclassification of a financial instrument.

The share of the portfolio of corporate bonds of foreign issuers has decreased by 0.02%. There were no acquisitions and sales in this sector.

The proportion of shares and depositary receipts issuers in its portfolio fell by 0.02%.

Shares of foreign issuers in the portfolio increased by 0.07%. Most of the increase occurred in connection with a positive price revaluation of shares. Also during the period from 01 October to 1 November 2011 the shares were sold to Royal Dutch Shell.

Investments in precious metals investments are in gold. The share of portfolio investments in gold has decreased by 1%. This decrease has occurred in connection with the sale of gold in order to generate income.

"As of today the situation on world financial floors is extremely volatile for most investors as a hedging instrument remains the gold. In turn, the Fund intends to maintain a share of the precious metals in the investment portfolio of pension assets in the framework established by law", - the message of SAPF stated.

[2011-11-24]