The KINTO Story

The KINTO Story

2009   Investgazeta ranked Serhiy Oksanych, KINTO’s President the best top-manager in Ukraine in 2008.   KINTO made settlements with all the shareholders of the Synergy-3 investment fund, who wished to exit the fund in spring.    May 14, 2009 started the placement of the investment certificates of the new diversified unit investment fund KINTO-Equity, the first in Ukraine equity open-end fund.  2008 The Annual General Meeting of the OJSC “Closed-end non-diversified corporate investment fund Synergy-3 took a decision on the prolongation of the term of the fund for 2 years (until April 30, 2011) and on the procedure of the pre-term redemption of shares with shareholders who did not agree with such prolongation. The shares of the non-diversified corporate investment fund Synergy-5 were listed on PFTS – the second level of listing - (PFTS code – IFSNR5). The closed-end non-diversified corporate investment fund Synergy-2 has successfully terminated its three-year activity. The fund’s average annual return was 82.2%. The total net asset value per one share grew by more than 5 times from 10000 UAH (nominal value) to 52 094.69 UAH. The fund’s return since inception constituted 420.95%. The new closed-end non-diversified corporate investment fund Synergy-7 was launched. Two thirds of the fund’s portfolio are comprised of stocks of the listed leading domestic companies, one third – of the yet unknown at the market and perspective stocks of small and middle companies which at the moment of purchase may even not be circulating at the organized market. Serhiy Oksanych, the President of KINTO, was awarded with the diploma of the Cabinet of Ministers of Ukraine for significant input into creation of the system of state regulation of the securities market and for his high professionalism. Among the companies working in the Ukrainian stock market, newspaper “Delo” ranks KINTO the winner in the nominations “The Company with the best level of service” and “The Company which service you would use”. KINTO is also among the three leaders in the in the nominations “The most well - known company” and “The most dynamic company”.
2007
	By the end of the year the asset value of the investment funds under KINTO management exceeded UAH 1 billion. KINTO President Serhiy Oksanych is in TOP-10. The Best Mangers of Ukraine - 2007 ranked by Kompanion magazine. OJSC KINTO launches two new equity funds: Synergy- 4 (May, 2007) and Synergy- 5 (November, 2007). The total assets under KINTO management grew by 4.9 times within the year period, amounting to $200 mln. OJSC KINTO becomes the biggest asset manager, managing more than 60% of all Ukrainian public investment funds assets. KINTO President Serhiy Oksanych attends the World Economic Forum in Dalian. KINTO is among the Founding Members of the World Economic Forum's Community (http://www.kinto.com/eng/focus/presscenter/speeches.html). KINTO wins the tender to manage assets of the Non-government pension fund “Garant Pension” of Generali PPF Holding. OJSC KINTO heads the rating "TOP-100. The best financial institutions" ranked by economic weekly "InvestGazeta". As of the end of the 1 quarter 2007 the net asset value of 8 public investment funds managed by KINTO amounted to 24,74% of the total Ukrainian non-venture funds’ assets. Among the biggest and most profitable funds are Classical (open-end fund), Narodniy and Dostatok (interval funds); Synergy -3, Synergy -2, Synergy Real Estate and KINTO Capital are the biggest and most profitable among the closed-end funds. KINTO marks its 15th anniversary. Established in 1992, KINTO is the oldest and highly reputable securities firm dealing in the Ukrainian stock market. The Company witnessed from the very beginning the establishment of the stock market and greatly contributed to its development.
2006
	KINTO President Sergiy Oksanych named the 1-st in the nomination “Investment companies” of the rating “The best managers inUkraine ” (TOP-100 The best Ukrainian companies) and took the 3-rd place in the nomination “The best managers”. KINTO President Sergiy Oksanych named the 1-st by the Ukrainian rating programme “Guards of managers” in the nomination “Stock market”. By the end of the year the total net asset value of the eight investment funds managed by OJSC KINTO exceeded UAH 250 million. October, 30. KINTO started its work in new office at the address: Kyiv 01034, 2 Lysenko Str. September, 5. Interval diversified unit investment fund Narodny started placement of its investment certificates. Nominal value of the investment certificate is UAH 1000. ”Narodny” is a balanced fund. According to the current legislature, the fund’s assets must be allocated into different types of securities (shares, bonds, bank deposits, etc). Balanced funds are less risky than equity funds but more profitable than bond funds and suit best risk-averse investors who are not limited by the investment horizon. May. Synergy-3 closed-end non-diversified corporate investment fund began its activity. Synergy-3 is open for individuals and institutional investors and by its investment strategy and investment policy continues to realize ideas based and successfully implemented in Synergy and Synergy-2 funds. The objective of the fund is maximum appreciation of capital through medium-term investment (3 years) in Ukrainian equities with growth potential higher than market average. March, 20. The first in Ukraine closed-end non-diversified public investment fund Synergy terminated its activity. For three years of the fund’s activity (March 20, 2003 - March 20, 2006) the share’s value has increased by 699,38%. The effective annual return of the Synergy fund as of 20 March 2006 was 99,8%.
	KINTO OJSC was licensed by the State Securities and Stock Market Commission of Ukraine as professional operator at the securities market in collective investment institutions asset management and pension fund asset management due to the expiration of the previous license (license АВ №020507 issued on 24, January 2006). Term of the License - 27 January, 2011.
2005
	KINTO OJSC heads the ranking "TOP-100. The best financial institutions" by the amount of assets of unit and corporate investment funds under its management. In 2005 the total net asset value of the 7 funds managed by KINTO amounted to UAH 170.8 mln, or 42.65% of total assets of all non-venture funds. The largest among open-end and interval funds are KINTO’s unit investment funds Classical and Dostatok. The ranking was presented by the financial and economic weekly "InvestGazeta". KINTO President Sergiy Oksanych is the best in the nomination "Stock market" of the rating TOP – 100 The best managers in Ukraine ("InvestGazeta"). KINTO President Sergiy Oksanych is the laureate of the tenth national programme "Personality of the Year – 2005" in the nomination "Financier of the Year". KINTO President Sergiy Oksanych is the winner in the nomination "Personality of the year in the stock market"; KINTO is the winner in the nomination "The most professional operator in the stock market" by Ukrainian Business weekly Financial Rating for 2005. The net asset value of the first in Ukraine open-end investment fund Classical has exceeded UAH 20 million. The value of investment certificate has increased more than twice since the fund’s inception in July 2004. The fund’s clients are mainly individuals. KINTO enters into the agreement to manage assets of the non-profit organization "Open pension fund "Cherkasy". September, 12. OJSC Closed-end non-diversified corporate investment fund Synergy Real Estate started placement of its shares. The fund suits qualified investors looking for possibilities of diversification of their portfolio through long-term investment into real estate market. Ordinary shares of the Synergy-2 (PFTS ticker IFSNR2) and Synergy Bond (PFTS ticker IFSNB) investment funds have been listed in the third level of the First Ukrainian Trading System (PFTS). May, 30. OJSC Closed-end non-diversified corporate investment fund Synergy-2 started placement of its shares. The fund’s investment strategy is similar to the one behind the existing SYNERGY fund. February, 9. OJSC Closed-end non-diversified corporate investment fund Synergy Bond investing in fixed-income securities started placement of its shares. Sergiy Oksanych, the President of the OJSC KINTO, was elected the Chairman of the UAIB (Ukrainian Association Investment Business) Council.
2004
	KINTO created the first in Ukraine open-end diversified unit investment fund "Classical" Any individual or institutional investor can become the fund’s client. Nominal value of the fund’s investment certificate is UAH 100 and the minimum investment in the fund is UAH 1000. The fund "Classical" is a good choice for the risk-averse investors who believe in the growth of the Ukrainian securities market and are not limited by the investment horizon. KINTO received the License of the State Securities and Stock Market Commission of Ukraine on the pension fund asset management. KINTO together with corporation "Kvazar Micro" set up an open-end pension fund "Social Standard" open for any individuals and legal entities. The first public investment fund in Ukraine – a Synergy fund -managed by OJSC KINTO marked its first anniversary. Since the Fund’s inception in March 2003, the net asset value per share has increased by more than 100%.
2003
	KINTO as well as its President Serhiy Oksanych are among the five most professional operators and most influential personalities at the Ukrainian Securities market- 2002 in the Business Weekly nominations. KINTO OJSC was licensed by the State Securities and Stock Market Commission of Ukraine as professional operator at the securities market in collective investment institutions asset management; license AA No. 558333 issued on 28 January 2003. KINTO OJSC is entitled to create unit (payovi - Ukr.) investment funds and enter into contractual arrangements to manage the assets of corporate investment funds formed according to the Law of Ukraine "On Collective Investment Institutions" (unit and corporate investment funds). Synergy closed-end corporate non-diversified investment fund is established, the first of the kind in Ukraine. KINTO receives the mandate to manage Synergy fund. For the first time in Ukraine, a closed-end corporate investment fund managed by KINTO is listed in the PFTS. KINTO enters into the agreement to manage the assets of the Unibudinvest venture investment fund.
2002
	KINTO celebrates its 10th anniversary. 10 years of the creation of the Ukrainian stock market. Ukrainian Business Weekly places KINTO and its President, Serhiy Oksanych, among the five most professional operators and outstanding people in the securities market. KINTO's experts, together with EPIC representatives, consult the State Committee for Property Management and Entrepreneurial Support (Goskomimuschestvo) of the Republic of Uzbekistan on the sales of the blocks of shares of OJSC Kyzylkumcement and OJSC Akhangarancement. KINTO ltd receives the license of the State Securities and Stock Market Commission of Ukraine as professional operator at the securities market in securities trading, brokerage and depository activity as custodian; license AA No.240606 issued on 10 September 2002. KINTO ltd becomes the member of the First Securities Trading System Association.
2001
	KINTO President Serhiy Oksanych was named among top five in the nomination "Personality of the stock market – 2000" by Ukrainian Business weekly. The experts of the company were among the developers of the Ukrainian laws on collective investment institutions, securities and stock market. Restructuring of the companies raised the value of assets and provided a new source of revenues.
2000
	Direct investment expansion: venture projects aimed at the development of information technologies. KINTO’s president Serhiy Oksanych named #1 by the Ukrainian Business weekly in the nomination "Personality of the Year-99 in the Securities Market". The representatives of the Company took active participation in the creation of the Stock Market Development Program for the 2001- 2005.
1999
	KINTO was licensed as a custodian. KINTO and its President Serhiy Oksanych are among the laureates in the state "Person of the Year – 1998" in the nominations Ukrainian Securities Market Leader – 98 (KINTO) and "Financier of the year" (S. Oksanych).
1998
	KINTO was one of the first Ukrainian broker-dealers to have been audited and its accounts have been found to be in accordance with International Accounting Standards by Coopers & Lybrand. State Commission on the Securities and Stock of Ukraine ranked Kinto the first among the investment companies.
1997
	KINTO provides services to more then 25 institutional investors on the regular basis. Kinto won the first ever award from the Ukrainian Business weekly as the Best Securities House in Ukraine. That same weekly put KINTO President among the three most influential personalities in the market.
1996
	An open-ended KINTO-Budget operating with cash of individuals was founded. KINTO is a cofounder of the First Securities Trading System (PFTS) (a NASDAQ-like over-the-counter electronic trading system and broker-dealer Self Regulatory Association).
1995
		KINTO was authorized as an investment advisor to New Ukraine Partners fund. KINTO becomes a co-founder of the Ukrainian Association of Investment Business (UAIB). Serhiy Oksanych, KINTO President was elected as the chairman of UAIB. KINTO leases a seat at the Ukrainian Stock Exchange (UFB).
1994
		KINTO-Trust company started accumulation of privatization certificates from Ukrainian individuals. Fund Dostatok is created, the first in the family of domestic voucher funds managed by Company. License permitting the Company to invest in Ukrainian companies through the use of privatization certificates was obtained. Wall Street investment bank Wasserstein Perella Investment Bank and Vienna based EPIC became the largest shareholders of KINTO OJSC .
1993
		KINTO President Serhiy Oksanych was elected the Chairman of Broker-Dealer Association at I Annual Meeting.
1992
		The Limited Liability Company Kinto was founded. KINTO was licensed by the Ministry of Finance as a securities broker-dealer. KINTO becomes a co-founder of the Broker-Dealer Association. KINTO is reorganized into an open joint-stock company.