OREANDA-NEWS. October 01, 2009. Halyk Bank's subsidiadry accumulative pension fund of Halyk Bank of Kazakhstan (Almaty), a member of Kazakhstan Stock Exchange (KASE) in categories "A", "K" and "P", provided KASE with a press release, reported the press-centre of KASE:

Deposits of Accumulative Pension Fund of Halyk Bank of Kazakhstan as on September 1, 2009 reached KZT512.4 bn. This is a record among pension funds of the country holding 30% of all pension savings of the entire Kazakhstan pension system. The results allow the Fund for becoming an important player on the domestic market and among foreing investors.

One of the highest yields for one depositor among pension funds the fund achieved through highly rated securities and true forecasts regarding currency rates. Amid decline of capitalization of fixed investment assets and general negative trends on the securities market, the Fund pursues conservative investment strategy. As a result, investment income of the Fund in 8 months of 2009 reached KZT69 bn or 13.4 % yield.

"Despite negative trends in the economy in the last two years, the Fund retained and multiplied pension savings thanks to professionalism in asset management and labor of its workers. We keep promises given to our depositors. We value their trust", - Chairman of the Fund Kamilya Astanbekova said.

Currently the Fund has enough liquidity and is ready to invest into the most attractive and stable sectors of the economy.

Now each fourth depositor of pension savings is depositing their money with the Fund, and the number of depositors is increasing. The Fund is intending to exert all possible efforts to provide depositors with high quality service.

The KZT0.5 trln mark confirms adequacy of investment policy of the Fund and professionalism or its employees. The Fund is planning to increase its share on the pension market.