Pension Fund Management
Why choose Jusan
“We believe that the investment strategy we have defined is attractive and will serve as a reliable protection of and growth to your pension savings”.
Currency allocation 50% in USD 50% in KZT
Investing 50% of the portfolio into foreign capital markets
Transparent financial activity
No allocation in local sectors where there has been a case of default of a company
No allocation in affiliate companies
Professional Team
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Assets under management
As of 01.01.2023
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Client assets in brokerage accounts
As of 01.01.2023
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Client transactions turnover
As of 01.01.2023
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Raised capital
time of the activity
The aim of the fund is to preserve and increase pension savings of residents of the Republic of Kazakhstan by the retirement age.

Fund assets will be invested in liquid public financial instruments, including equities, bonds, exchange-traded funds (ETFs), short-term treasury notes of the National Bank of Kazakhstan, medium-term sovereign bonds of Kazakhstan, as well as precious metals.
Key figures
Below is information on the portfolio collected as part of the management of pension assets
annual return
Target investment income
annual return
Portfolio return for the period 31.01.2023
4 294,85
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Net worth of pension assets under management as of 31.01.2023
Fund management fee
We do not charge a commission fee on your savings, but only 5% on your investment income
Asset Allocation
Geographic distribution
Portfolio Investments
*Data as of 31.01.2023
icon-ishares National Bank of the Republic of Kazakhstan 29,17%
minfin Bonds of the MFRK 20,56%
icon-charles Schwab Fundamental U.S. Large Company Index ETF 3,57%
icon-spdr iShares MSCI USA ESG Select 3,58%
icon-vanguard iShares Core S&P 500 3,81%
icon-charles Vanguard S&P 500 3,19%
Fidelity MSCI Real Estate Index ETF 2,82%
icon-ishares SPDR MSCI AWCI ex-US 2,92%
icon-ishares Schwab Emerging Markets 1,28%
icon-ishares VanEck Vectors Gold Miners 0,87%
icon-ishares iShares MSCI Global Gold Miners 0,37%
icon-ishares iShares Floating Rate Bond ETF 2,29%
icon-ishares iShares 1-3 Year Treasury Bond 1,86%
icon-charles Vanguard Short-Term Treasury E 4,39%
Bonds of the MFRK 20,56%
Cost promotions 1,26%
Real estate funds 2,64%
World stocks excluding USA 3,70%
Emerging markets stocks 3,48%
Gold miners' shares 4,44%
Notes of NBRK 29,17%
USA treasury bonds 8,58%
USA Broad Market Stocks 7,29%
Shares of the ESG segment (socially responsible investment) 0,83%
Short-term USA Treasuries 5,76%
USA floating rate bonds 2,14%
Cash 10,17%
USD 40,43%
KZT 59,57%
*По состоянию на 31.01.2023
How does it work?
Choose Jusan Invest in your “Unified Accumulative Pension Fund” (JSC UAPF) personal account.
Login to your personal account at UAPF and choose to transfer part of your retirement savings to the asset management by Jusan Invest JSC
We invest according to Fund’s strategy
A professional team, following its strategy, invests in reliable and profitable financial instruments
Receive your pension savings and return on investments
When you reach your retirement age receive your pension savings and return on your investment.