Investment strategy

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Investment strategy
The investment strategy of SFI involves investing in Russian companies, which should take a leading position in their markets, and the potential return on investment in them should be in line with the rates of return established by the holding.

SFI maintains a focus on companies that can successfully complement the existing portfolio of assets: increase the holding's share in the current markets of presence or provide access to new segments for us. We also pay attention to how synergy is achieved between the holding's portfolio companies and a potential new asset.

Basic principles of SFI investment strategy:

  • The investment object is a developed business with a history of positive financial results and projected future incomes;
  • Having a rating of at least BB- or the potential to achieve such a rating in the medium term;
  • The possibility of synergy with other SFI assets.
  • The holding acquires a significant minority or controlling stake in the asset;
  • SFI actively participates in the strategic asset management through its representatives on the board of directors;
  • The holding has a team of managers with optimal competencies to develop an asset development strategy and evaluate its performance.
  • Monitoring of opportunities to reduce the cost of funding subsidiaries;
  • Providing support to portfolio companies in attracting market financing;
  • Short-term provision of cash in accordance with the asset development strategy.
  • SFI investment horizon - more than three years;
  • The dividend yield potential is one of the main asset valuation metrics;
  • Developing a strategy to attract third-party investors in the capital of subsidiaries.
  • Controlling the costs of subsidiaries, SFI invests in efficiently managed companies;
  • The object for investment is completely transparent and understandable for the market as a whole and the holding in particular.

The current investment strategy of the holding provides for the acquisition of new assets at the expense of own funds generated from the contribution of shareholders, investment income and dividends received from subsidiaries. Currently, the company does not see the need and does not plan to raise borrowed funds.