Investment funds in Republic of Kazakhstan

     In the light of Kazakhstan’s WTO accession can be expected that globalization, with its emphasis on open wounds and low barriers to trade and investment will increase competition between countries and firms for scarce financial resources. At the same time for domestic companies and private equity funds will expand access to finance global funds. This will spur competition among investors, which will reduce the price of money and profitability. In this case, it is hoped that in the strong capital inflows, there will an integrated system of financial institutions in the industry, private equity, which will make your tangible contribution to improving the efficiency and competitiveness of the domestic economy.  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Conclusion

     In conclusion I would like to observe short review of work.

     At the present stage of development of Kazakhstan as a new independent state, orienting to the market economy, the main direction of economic reforms is to develop and implement investment policy aimed at ensuring high economic growth and raising economic efficiency.

     To solve these problems, as well as to ensure the structural transformation of the economy through a program of the government’s actions to deepen reforms in the context of limited domestic sources of financing essential attraction of foreign capital in the economy.

     Development of investment funds in our country coincide with stock exchange. In 2008, along with reducing of fund indexes it was negative dynamics in development of investment funds.

     Consider dependence of indicators of income on unit investment fund from investment strategy of UIF. Analyzing cost of units in different moments in the economy’s life, it is noticed that on the increasing market UIFs with aggressive strategy (investments in shares) have large incomes, but on reducing markets conservative strategy (investments in obligations state securities) are more attractive.

     Situation in our country does not distinguish from situation in the world, but just one moment is that amplitude on our growing market is rather more than in well-developed stable markets. In long-term perspective economy always grows and if investors is interested in creation of future capital but not time incomes that’s why investments in unit investment funds and joint-stock investment funds are the most suitable.

     Every investor in order to avoid losses before purchasing should estimate period of investments. If the period is less than 3 years, it would rather input money in deposits in banks.

     The main conditions of involving foreign capital:

• Creation of stable and developed normative base for activity of investors on the territory of Kazakhstan;
• Stability of tax system;
• Creation of consulting and information systems that provides with solving investment decisions;
• Development relationship of investment funds with international foreign organizations;
• Creation of privilege conditions for foreign and local investors.

     Nowadays conditions are similar to 2008. Shares are cheap, cost of units is reducing, unconfidence in future turnover of market made many investors to stop their activities. But after fall, it would be growth. 
 
 
 
 

List of the used literature

1. Оmarovа А.К. «Financing and Lending Investment» Аlmaty,2009
2. Finance  law: «Collection of normative legal acts»- Аlmaty: lawyer,2007
3. www.investmentfunds.kz
4. www.invest-market.kz
5. www.afn.kz
6. www.kase.kz

MINISTRY OF EDUCATION AND SCIENCE OF THE REPUBLIC OF KAZAKHSTAN 

T.RYSKULOV’S KAZAKH ECONOMIC UNIVERSITY  
 
 
 
 
 

Course Work  

Subject: Money.Credit.Bank 
 
 
 

Theme: Investment funds in Republic of Kazakhstan 
 

Author: Asiya Bekenova

202 group 

Tutor: Bazarbekova A. D.     
 
 
 
 
 
 
 
 

Almaty – 2011 

Content

1. Investment fund

             1.1. The essence of investments

           1.2. Types of investments

             1.3. Investment policy in RK 

2.1. Kazakhstan. Current conditions of investment funds 

2. Problems and perspectives of the development of investment funds

Conclusion 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Introduction

Investment has different meanings in finance and economics. In Finance investment is putting money into something with the expectation of gain that upon thorough analysis has a high degree of security of principle, as well as security of return, within an expected period of time.  In contrast putting money into something with an expectation of gain without thorough analysis, without security of principal, and without security of return is speculation or gambling.

Investment is related to saving or deferring consumption. Investment is involved in many areas of the economy, such as business management and finance whether for households, firms, or governments.

Firm that invests the pooled funds of retail investors for a fee. By aggregating the funds of a large number of small investors into a specific investments (in line with the objectives of the investors), an investment company gives individual investors access to a wider range of securities than the investors themselves would have been able to access. Also, individual investors are not hampered by high trading costs since the investment company is able to gain of scale in operations. There are two types of investment companies: open-end (mutual funds) and closed-end (investment trusts). Also called investment fund.