On October, 05th, 2009 at the press conference in news agency ‘Interfax-Ukraine’ the RA ‘Expert Rating’ informed about awarding infrastructure stability rating with outlook uaAA.amc according to the rating agency scale to the leading Ukrainian AMC OJSC KINTO. The company with the given rating will with very high probability discharge its fiduciary duties to the clients, having material and technical base, personnel and resource potential relevant to this purpose.

By results of rating research Expert Rating RA draws the following conclusions:
1. KINTO is the company with: the operational experience of seventeen years, an established personnel
structure proved in crisis conditions, and permanent customers. The company builds its business based on best practice of corporate governance and relations with investors.
2. KINTO is the absolute leader in the market of public funds. The company takes about one third of public ICI market in Ukraine, has the developed technological base and the widest product line for private investors in Ukraine. The funds of KINTO are managed efficiently.
3. Fiduciary risks have been minimized at KINTO. As the AMC is not dependent on business of the trader or underwriter, its activity does not entail for investors an internal dangerous conflict of interests. Currently the Company works on perfection of models of control over division of powers between AMC and the associated trader.
4. The Company KINTO is much more transparent compared to competitors and this reduces in addition
the fiduciary risks. KINTO is one of the few AMCs in Ukraine publishing detailed data of funds work results, including the reporting to the regulator. Investors have the possibility to get quickly informed on the results of managing directors work and also to promptly react on them.
5. Despite the recessionary state of affairs, the financial soundness of KINTO does not cause fear. The
company, being the oldest AMC in the country, has a sufficient robustness to preserve personnel potential during the unstable time.
6. KINTO has a developed and client-oriented system of control over the work of investment managers.
The system provides both collective nature of decision taking, and the possibility for dissenting opinions of managing directors.
7. The diversification of KINTO clients remains on sufficiently high level and proves to that KINTO remains a market company, including the product line accessible for the population. The level of channels of sales diversification does not cause concerns.

Detailed Press Release

Rating report on OJSC KINTO (Еngl)