OREANDA-NEWS. January 24, 2012. JSC "Accumulation Pension Fund "Republic" has successfully done division of the investment portfolio, reports the press service of the Fund, reported the press-centre of KASE.

"Since January 1st 2012 legislation came into force on the division of the investment portfolio of pension savings fund for conservative and moderate. At this stage, technical division of the assets of pension age in conservative, and the remaining group of investors - a moderate investment portfolio was carried out. The introduction of third aggressive investment portfolio is expected from January 1, 2015", - was said in a statement.

According to the Fund, into conservative investment portfolio 700 million tenge of pension assets were transferred, which amounts to 1% of the total assets of JSC "APF "Republic".

As noted, in the average, volume of conservative portfolio is estimated at 1.5% - 2%. In the separation of the portfolio due to its high liquidity, as noted, the Fund did not credit investment losses for depositors.

"In our view, the systemic regulation of investment activities of pension funds is positive for both investors and pension funds themselves. The introduction of a conservative portfolio will allow preserving the interests of depositors of pension age, for whom this strategy is the best. For their part, APF "Republic" is continuing strategy to ensure a stable income investors at the highest risk based on current market opportunities", - said Deputy Chairman of the Board of APF "Republic" Rashid Gainullin.

Also, being a professional pension consultant, APF "Republic" in January and February of 2012 is planning a series of seminars on multiportfolio in the pension system in Kazakhstan for investors and media representatives in order to fully explain the  reform to the public.