On November 30th, 2010 RA ‘Expert-Rating’ confirms the infrastructural rating of asset management company Private JSC ‘KINTO’ (USREO code 16461855) at the level uaAА.amc (very high stability level).

Confirming the infrastructural rating of the Private JSC KINTO after 9 months of 2010 the Agency was guided by the following conclusions:
1. Key performance indicators of the Company following the results of 9 months of 2010 slowly recovered to pre-crisis level. Net assets under AMC management, including NPF, grew on 10,56 % in comparison with 10/1/2009. Net assets of public funds grew on 12 %, net value of NPF, - on 48 %. The proceeds of the Company compared to the similar period of the last year grew on 6,9 %.
2. Private JSC KINTO continued to increase number of funds under management. On September, 6th new dividend fund ‘KINTO-Autumn’ was launched which purpose consists in obtaining average annual profitableness at the level of two depositary rates under bank deposits in domestic currency. It gives investors a chance not only to save money from inflation, but also to essentially multiply them. Let it be reminded that in the current year alone the company launched a line of dividend funds ‘KINTO-Spring’, ‘KINTO-Summer’, and November, 11th, 2010 the fund ‘KINTOWinter’, has been registered.
3. Only 1 from 14 public funds has shown negative profitableness for the 9 months of 2010.
Profitableness of the funds for 9 months 2010:
‘Classical’ open-end diversified unit investment fund: +16,1%
‘KINTO-Equity’ open-end diversified unit investment fund: +6,1%
‘Narodny’ (‘Peoples’) interval diversified unit investment fund: +17,9%
‘Dostatok’ (‘Welfare’)’ interval diversified unit investment fund: +0,9%
‘Synergy-7’ closed end non-diversified corporative investment fund: +17,5%
‘Synergy-5’ closed end non-diversified corporative investment fund: +9,9%

‘Synergy-4’ closed end non-diversified corporative investment fund: +5,3%
‘Synergy-3’ closed end non-diversified corporative investment fund: +13,5%
‘Synergy Real Estate’ closed end non-diversified corporative investment fund: -0,6%
‘Synergy Bond’ closed end non-diversified corporative investment fund: +6,5%
‘Social standard’ non public open end pension fund: +13,7%
4. The Company finished 9 months of 2010 at the loss of UAH 6,85 m. that is on 14,5 % higher than the loss for the similar period of recent year. Private JSC ‘KINTO’ continued to work on formation of a range of funds and on their promotion in the market. For the last 24 months the number of funds under management of the Company has grown from 10 to 18.
5. Changes occurred in the supervisory board of Private JSC ‘KINTO’. Svetlana Moskalenko exited the
Company Supervisory Board and entered Company Management Board. As new member of the Supervisory board Igor Yakovenko, the president of ‘Insurance Business’ Association, has been elected in replacement. At the moment of the appointment the shareholding of Igor Yakovenko in the Company was 0,6701 %, and that of Svetlana Moskalenko, - 0,0270 %. The rotation is connected with the need to increase to 5 persons the number of members of Board of the Private JSC ‘KINTO’. By Agency estimations, given changes in company management will influence positively its operations.

Analytical service of RA Expert-Rating

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