Enhancing national welfare of the Republic of Kazakhstan and providing long-term sustainability for future generations
An investment holding that provides strong financial performance, investment returns and portfolio development on par with leading sovereign wealth funds
Investments within the Republic of Kazakhstan
The Fund makes investments within the country in order to develop various sectors of the economy of Kazakhstan and projects of strategic importance (in accordance with key state programs), taking into account restrictions established by "yellow pages" principles and legislative acts of the Republic of Kazakhstan, and non-hindering the development of the private sector.Investments outside of the Republic of Kazakhstan
In the medium and long term perspective the Development Strategy of the Fund foresees distribution of investments outside the Republic of Kazakhstan not related to the national economy and industry, with the purpose of increasing the return and keeping wealth through diversification. The Fund will be create partnerships with leading sovereign funds and other investment companies and funds to make joint direct investments that will finally be strategically linked to the industries of Kazakhstan.Corporate governance
In order to ensure efficient management of assets, increase investment attractiveness and successfully fulfill the function of an active investor, the Fund needs to continue introducing best practices of corporate governance in the Fund and portfolio companies in accordance with the recommendations of the Organization for Economic Cooperation and Development (OECD) on corporate governance.Human capital development
The use of the best HR development practices will be achieved through formation of an effective corporate culture at the Fund and portfolio companies, introduction of key principles of meritocracy, transformation of people and introduction of new behaviors of employees for "commercial" thinking and readiness for change.Sponsorship and social responsiveness
The Fund will continue its activity in providing sponsorship and charity support. Allocation of aid should be reviewed and prioritized based on the needs of society. Relying on the best practices, the Fund will finance social projects in health, education, professional development of youth and community development, projects in the field of environmental protection, art and cultural heritage and knowledge, as well as research, innovation, science and technology, and projects aimed at supporting disadvantaged groups.Sustainable development initiatives
In order to manage the economic, environmental and social aspects of the activity efficiently and successfully, the Fund will be introducing high ethical standards and build a trust-based corporate culture, will be introducing advanced standards and improve corporate governance, and will invest in human capital and take all measures to ensure environmental sustainability.