The fund’s total expenses grew 3.6%, to RON23 million.
Its assets grew 20.5% in 2019, to RON2.38 billion. The fund paid dividends totaling RON59 million from its 2018 profit.
Its equity portfolio had a market value of RON2.27 billion at the end of 2019, up 54%, due to stock market investments in financial and energy companies.
SIF Oltenia holds minority stakes in major issuers such as Banca Transilvania (4.3%), BRD (4%), OMV Petrom (1.2%), Transgaz (2%), Romgaz, Flaros, Antibiotice, Argus, and Transelectrica.