Net investment income of UAPF depositors exceeded 336 billion tenge
Net investment income accrued to the accounts of UAPF depositors for the period from January to March 2023 amounted to 336.3 billion tenge, which exceeds the figures of the same period last year by 40.5 billion tenge or 14%. The yield on pension assets of the UAPF managed by the National Bank of Kazakhstan over the past 12 months amounted to 6.63%.
Recall that investment income consists of income in the form of remuneration on financial instruments (deposits, reverse repo operations, coupon or discount, dividends on shares), income in the form of market revaluation of securities, foreign currency, other assets, income on assets under external management, etc.
Investment income since 2014 (completion of the consolidation of all pension assets in the UAPF) amounted to 7.3 trillion tenge. At the same time, the accumulated investment yield for the entire period since the foundation of the most accumulative pension system in 1998 with an increasing total amounted to 751.1%, accumulated inflation - 702.96%.
Recall that pension savings are long-term investments and it is advisable to analyze the amount of investment income for a period of at least 1 (one) year. Short-term data (weekly, monthly, etc.) are not indicative, because they depend on constant fluctuations in market conditions.
The entire system of investment management and accounting of pension assets is accessible and transparent: depositors have the opportunity to monitor the dynamics of their investment income in their Personal Account on the enpf website.kz or in the mobile app. Pension assets are revalued weekly and on the last day of the month.
Information on the investment management of the pension assets of the UAPF and on the financial instruments in which the pension assets of the UAPF are placed is published on the official website of the UAPF (www.enpf.kz ) in the section "Indicators/Investment activity".
UAPF was established on August 22, 2013 on the basis of JSC "NPF "GNPF". The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan. The trust management of pension assets of the UAPF is carried out by the National Bank of the Republic of Kazakhstan. Since January 1, 2016, the functions of developing proposals to improve the efficiency of pension assets management have been transferred to the National Fund Management Council. In accordance with the pension legislation, the UAPF attracts mandatory pension contributions, mandatory occupational pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, provides the depositor (recipient) with information on the status of his pension savings (more on www.enpf.kz )