| National Pensions Fund Investments The surplus Fund of the National Pension Fund is being invested in different sectors. Surplus fund is the difference of Receipts from Payments. RECEIPTS of the National Pensions Fund are as follows: (i) Contributions, Surcharges of Employers/Fees (ii) Interests/Dividends from Investments (iii) Redemption/Maturity of loan stocks/debentures (iv) Maturity of deposits in Banks (v) Repayment of Loans (vi) Commission as agents for collecting funds for IVTB and
NSF (vii) Income from Buildings (viii) Any miscellaneous revenue PAYMENTS consist of Recurrent and Capital Expenses As from 1976/77 surplus fund has been invested and as at 30 June 2001, the portfolio of Investments amounted to Rs 19.868 billion. INVESTMENT COMMITTEE FOR
NATIONAL PENSIONS FUND AND NATIONAL SAVINGS FUND ON INVESTMENT POLICY | Name | Title and Department | | Chairman | | | | Financial Secretary, Ministry of Finance | | Members | | | | Permanent Secretary, Ministry of Social Security &
National Solidarity & Senior Citizens Welfare and R.I | | | Director, Public Finance, Ministry of Finance | | | Accountant General | | | Representative of the NPF Board | | | Representative of Trade Unions | | | Chairman and Representative of the National Savings
Fund Technical Committee | | | Actuarial Adviser,National Pensions Fund | | | Economic Analyst, Ministry of Finance | | | Investment Adviser | | | Senior Accountant, Ministry of Social Security, NS & Senior Citizens Welfare and Reform Institutions | | | Representative of Employers | As from December 2001, the NPF and NSF are deemed to be body corporate for purposes of investment of any surplus funds. The NPF and NSF Investment Committee is set up for the purposes of determining the manner in which any surplus remaining in the Funds may be invested.
FINANCIAL YEAR 2006-2007
NATIONAL PENSIONS FUND
PORTFOLIO OF INVESTMENT AS AT SEPTEMBER 2006
| | Annex | % of Inv on Portfolio | Nominal Value | Capital Value | | | | | Rs | Rs | | Government Stocks & Bonds | A | | | | | Treasury Bills | B | | 14,607,900,000.00 | | | Shares on Stock Exchange | C | 1.91 | | | | Unlisted Shares | D | 1.62 | | | | Mutual Funds | E | | 185,185,340.00 | | | Deposit in DBM | F | | 2,129,000,000.00 | 2,129,000,000.00
| | Rupee Deposits | G | 4.05 | 1,642,098,783.78 | 1,537,098,784.00
| | Foreign Currency Deposits | H | 11.64 | 4,423,755,353.02 | 4,423,755,353.02 | | Foreign Equities | I | 2.88 | 1,095,206,308.08 | 1,095,206,308.08 | | Hedge Funds | J | 1.88 | 712,975,551.82 | 712,975,551.82 | | Loans (Various Institutions) | K | 4.20 | 1,597,192,102.02 | 1,597,192,101.64 | | Loans (Mtius Housing Corp.) | L | 0.23 | 87,452,008.68 | 87,452,009.08
| | | | 100.00 | 38,443,220,371.90 | 37,995,447,432.09 |
|
