20 Selected Securities For Portfolio Construction: Industry Company Name Fuel & Power

20 Selected Securities for Portfolio Constru
Industry Company Name

Khulna Power Company Limited
Fuel & Power Linde Bangladesh Limited
Padma Oil Co. Ltd.
Eastern Lubricants Ltd.
Paramount Textile Limited
Textile
Zahintex Industries Limited
Beximco Pharmaceuticals Ltd.
Pharmaceuticals & Square Pharmaceuticals Ltd.
Chemicals GlaxoSmithKline(GSK) Bangladesh Ltd.
The IBN SINA Pharmaceutical Industry Ltd.
Jute Sonali Aansh Industries Limited
Telecommunication Grameenphone Ltd.
Fu Wang Food Ltd.
Olympic Industries Ltd.
Food & Allied
British American Tobacco bangladesh Company Limited
Agricultural Marketing Company Ltd. (Pran)
Dhaka Bank Ltd.
Bank
BRAC Bank Ltd.
Paramount Insurance Company Ltd.
Insurance
Dhaka Insurance Limited
for Portfolio Construction
P/E NAV per Share Dividend Yield
KPCL 11.51 26.87 4.44%
LINDEBD 20.71 241.53 2.65%
PADMAOIL 12.37 103.6 4.30%
EASTRNLUB 30.21 143.07 1.02%
PTL 33.56 20.78 1.32%
ZAHINTEX 17.83 24.91 2.26%
BXPHARMA 13.92 66.78 1.33%
SQURPHARMA 18.19 78.41 1.23%
GLAXOSMITH 25.74 218.35 3.55%
IBNSINA 18.04 43.21 1.17%
SONALIANSH 382.63 225.9 0.30%
GP 19.79 26.01 4.35%
FUWANGFOOD 28.95 11.99 0.00%
OLYMPIC 27.56 31.53 2.14%
BATBC 27.23 258.21 1.76%
AMCL (PRAN) 35.98 75.39 1.37%
DHAKABANK 8.64 21.91 5.59%
BRACBANK 16.26 31.1 1.56%
PARAMOUNT 18.62 14.28 1.05%
DHAKAINS 15.11 23.56 5.08%
Stock Number 1 2 3
Industry Name
Year Month ISLAMIBANK EBL BRACBANK
2014 September 25 24.27 21.47
October 27 24.6 23.27
November 25 22.44 24.27
December 23 22.53 24.8
2015 January 24 23.6 26.33
February 24 23.6 25.73
March 20 21.53 22.87
April 16 22.11 22
May 18 22.61 23.27
June 17 21.53 26.2
July 22 21.04 26.8
August 30 20.7 26.07
September 31 22.03 27.47
October 28 23.27 30.93
November 28 23.52 32.07
December 28 23.69 32.47
2016 January 26 23.93 31.67
February 24 24.84 28.73
March 23 24.76 29.8
April 22 24.19 27.6
May 26 25.43 30.93
June 29 27.81 35.33
July 32 26.95 42.53
August 29.7 27.33 40.6
September 31 28 39.93
October 30.9 27.52 39.93
November 30 27.62 43.6
December 29.7 27.62 42.73
2017 January 45.1 31.62 45.13
February 44.2 32.29 44.67
March 41.1 31.33 57.8
April 32.2 30.6 58.24
May 31.2 31.7 62.08
June 32.2 35 64.56
July 35.5 39.5 70.24
August 33 45 68.64
September 34.5 45.4 68.72
October 33 47.3 80.48
November 33.8 53.7 87.84
December 36.6 51.1 86.72
2018 January 34.1 43.8 77.44
February 31.7 41.4 73.28
March 27.3 40.2 77.76
April 25.5 38.5 87.7
May 23.5 36 74.5
June 23.8 33.8 71.2
July 22.8 31.6 65.7
August 23.5 37 66.96
September 23.7 33.3 62.43
October 23.5 35 61.22
November 23.5 34.7 63.22
2019 December 24.2 36 63.22
January 27.2 35.91 68.26
February 25.1 34.91 70.61
March 26 33.73 67.65
April 24.9 37.09 61.7
May 24.7 37.3 64.6
June 23.6 37.8 66.1
July 22.7 37.1 62.9
August 22.4 34.4 57.9
September 21.6 34.9 61.5
4 5 6 7 8
DAFODILCOM BDLAMPS IPDC ICB LANKABAFIN

14 121 1.8 135.6 24
15 126 1.9 148.6 21.16
11 120 1.8 138.9 19.47
13 118 1.9 131.2 20.11
14 104 1.8 128.5 18.78
14 121 1.9 131.3 18.28
12 113 1.7 124.0 15.89
11 103 1.6 93.4 12.12
12 104 1.8 104.2 15.84
13 105 1.7 119.6 13.98
14 156 2.0 120.6 14.98
18 166 2.2 130.3 14.23
17 204 2.3 129.6 17.6
19 193 2.7 124.0 14.98
18 194 3.1 107.0 14.03
19 260 3.1 101.8 14.58
24 246 3.4 95.9 13.83
23 236 3.2 97.8 20.51
21 181 15.8 95.1 20
20 169 15.8 87.0 18.5
24 167 17.6 90.0 16.42
23 170 16.9 107.4 16.3
21 187 20.4 100.1 16.42
21.8 190.1 25.4 99.7 16.36
26.3 184.7 27.6 99.9 19.37
32.1 170.7 25.7 93.3 15.61
33.6 176.4 29.0 95.1 16.48
43 174.5 29.7 99.5 20.12
39.5 173.4 29.5 156.3 27.81
39.7 176.8 37.4 159.3 36.71
36.4 170.5 41.5 182.2 42.49
42.7 167.9 36.6 182.9 35.24
38.3 171.7 33.6 171.0 32.65
41 173.3 37.7 166.4 37.03
51.3 183.8 40.3 185.1 39.23
48.9 180.6 39.3 171.6 40.36
45.9 167.8 37.3 170.4 40.69
52 169.1 35.8 176.9 42.55
46.8 175.5 40.5 167.3 47.44
43.4 186.8 41.8 160.0 44.47
41.5 178 41.6 151.7 38.51
38.2 188.8 40.6 138.5 32.47
32.6 172.8 34.4 123.4 29.4
37.7 181.4 33.8 130.1 29.7
36.7 167.3 30.9 123.4 26.2
39.4 248.3 31.0 151.8 26.8
43.8 249.3 29.3 139.3 25.3
42.3 233.9 40.7 121.13 30
36.7 222 35.6 109.09 26.1
32.1 216.2 36.6 109.7 23.3
34.9 200.7 34.9 102.18 22.6
43.6 197 35.3 105.64 22.9
47.4 237.7 39.7 111.64 27
49.5 234.2 36.0 109.27 26
46.3 232.4 35.9 106.09 22.3
50.4 173.7 34.4 95.55 20.3
46.5 189.9 34.8 107.64 22.1
45.4 208.2 26.3 105.36 21.1
51.3 191.3 24.3 96.55 17.4
53.1 193 23.4 92.82 17.3
51.7 180.1 22.9 87.82 16.6
9 10 11 12 13 14
AMCL GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI

226.3 97 145.03 865 188 343.94
226.3 101 154.38 902 181 326.05
199.7 128 171.98 899 148 273.52
196.1 140 180.4 915 150 280.2
200.5 159 185.64 896 135 255.84
210.7 131 179.29 936 147 313.33
203.7 125 176.43 911 146 384.62
175.7 168 167.38 815 112 383.76
191.4 160 174.44 825 112 435.54
191.0 167 186.35 956 106 427.36
197.7 196 219.44 1207 108 483.64
231.6 267 219.05 1109 107 452.07
226.2 265 240.16 1305 106 479.83
192.9 297 227.46 1187 91 459.5
185.1 222 237.05 1199 102 419.34
204.2 210 246.86 1138 122 464.13
197.9 215 249.14 1136 109 450.91
195.7 372 271.24 1123 104 458.84
192.8 513 279.24 1065 112 448.6
194.0 672 289.24 1200 91 434.13
194.8 633 311.05 1374 97 416
195.7 606 328.86 1437 96 413.73
206.9 737 323.14 1438 94 409.18
222.6 885.93 287.62 1386.8 98.6 395.36
215.3 817 291.62 1418.8 97 397.18
199.9 759.3 287.62 1315.9 92.3 376.55
203.7 748 295.6 1348 99.7 372
207.6 713.3 307.9 1296 100.6 350.45
219.0 641.6 308.9 1273.3 109.7 430.64
217.2 674.6 307.3 1282.9 109.6 423
209.5 613.6 287.6 1217.7 113.9 435.91
210.0 572.2 277.2 1224.4 104.6 456.27
210.1 548.3 268 1311.2 94.5 470
216.5 581.5 278.5 1277.5 99 469.55
214.9 575.7 287.2 1296.5 98.8 471.36
217.9 273.3 273.7 1241.8 102 508.73
209.7 263.6 271.7 1217.9 108.9 526.46
206.7 422.4 256.1 1217.1 106.4 518
223.1 487.8 285.4 1279.5 115.8 470.4
222.0 454.7 288.3 1284.7 107.6 459.8
213.3 388.3 284.7 1278.9 100.6 429.2
215.4 404.8 259.4 1228.1 100.7 410.5
214.3 401.4 275 1225.8 107.5 399.1
225.1 415.4 264 1267.7 105.5 362.5
211.6 383.1 237.3 1248.4 100.6 337.2
233.3 455 224.4 1257.1 100 347.8
235.4 413.9 206.5 1214.5 97.7 363
242.4 351.3 201.7 1,198.10 97.2 354.11
237.9 333.39 205 1,160.10 102.8 328.5
225.3 283.13 218.5 1,119.20 116.6 337.78
232.1 322.3 217.9 1,224.00 107.2 325.2
240.6 316.1 216.2 1,198.40 109.8 326.2
246.5 337.5 240.4 1,268.60 111.9 299.3
259.2 335.3 232 1,350.80 109.8 305.3
250.4 315.7 232.1 1,188.10 105.3 305.3
244.6 269.6 224.1 1,151.40 92.5 245.6
243.8 273 225.8 1,169.20 97.9 250.5
241.5 285.9 236.3 1,207.10 100 274.7
227.2 254.1 222.5 1,192.00 94 255.4
222 224.18 207.3 1,330.10 96.3 286.1
216.1 249.09 204.4 1,301.20 91.1 255.2
15 16 17 18 19
ORIONPHARM RENATA SQURPHARMA BATASHOE GP

54 697 232 1120 382
54 741 248 1244 374
46 703 224 1127 319
46 713 230 1172 362
43 723 226 1231 329
44 828 234 1380 335
42 834 234 1355 358
33 746 219 1144 324
38 777 219 1180 324
41 869 233 1260 330
39 1081 242 1323 330
37 1050 253 1305 317
38 1087 249 1358 285
35 1049 243 1352 249
34 1086 254 1331 266
37 1072 254 1318 253
36 1076 259 1303 257
39 1084 264 1236 257
38 1071 251 1170 227
34 1078 253 1170 246
37 1106 260 1170 255
37 1185 266 1205 255
37 1124 267 1186 276
37.3 1099.9 238.45 1180.7 263.9
38 1104.2 244.18 1180.3 269.8
35.3 1088.1 243.45 1171.4 273.2
41.5 1091.2 244.9 1172.5 283.4
42.1 1085.5 249.1 1142 284.1
47.8 1100.9 259.9 1140.1 301.6
53.2 1108.7 268.2 1130.4 309
49.1 1088.4 277.9 1115.6 332.1
46.3 1104.5 283.7 1129.3 337.6
48.1 1098.7 282 1132.5 328.7
50.8 1157.1 290.1 1131.3 344.4
49.6 1135.6 282.8 1211.4 379.5
48.8 991.57 266.14 1151.6 389.6
47.9 1012.96 284.65 1149.5 415.3
48.6 1041.91 276.65 1151.5 438.3
49.1 1093.4 301.8 1155.3 471.4
48.7 1124.2 301.8 1171.8 470.8
47.2 1230.2 326 1181.7 502.4
47.8 1261.1 313.3 1171 478.7
47.8 1233.9 310 1184.3 462
44.5 1261.9 306.9 1141.6 469.6
40.9 1208.9 282.2 1133.8 414.8
41.4 1296.5 293.1 1137.2 388.9
41.2 1247.4 267.6 1110.3 390.2
39.5 1,058.70 259.25 1,111.40 386.6
38.2 1,066.35 254.86 1,094.90 370.4
36.6 1,108.00 249.72 1,090.90 379.8
36.5 1,142.00 263.5 1,131.40 362.7
36.8 1,141.60 254.2 1,116.40 367.3
37.8 1,139.60 263.3 1,121.40 398.2
36.4 1,167.00 273.8 1,121.80 393.5
33.3 1,188.60 266.9 1,150.30 409.2
31.8 1,176.70 259.9 960.2 358.7
34 1,171.30 254.8 992.6 355.1
33.2 1,198.40 264.3 1,026.90 364.7
32.3 1,170.50 250.9 965.4 332.4
32.5 1,080.18 235.42 978.2 312
28.9 1,147.18 220.65 935.2 352.4
20
HEIDELBCEM
531
520
493
499
491
504
450
463
506
570
635
603
640
604
566
562
550
541
501
525
537
522
550
534.9
542.3
544.8
549.5
552.3
550.6
552.2
517.1
479.5
447.3
449
454.6
428.4
428.6
407.6
408.8
424.9
408.7
390.5
376.4
375.9
343
360.6
351.4
345.2
346.2
345.3
337.9
334.7
349.9
352.5
344
247
239.5
242.2
193.8
208.5
197.9
Stock Number 1 2 3 4
Industry Name
Year Month ISLAMIBANKEBL BRACBANK DAFODILCOM
2014 September
October
November
December
2015 January
February
March 20%
April 15% 20%
May
June
July
August
September
October
November 12%
December
2016 January
February
March
April 20%
May 10% 25%
June
July
August
September
October
November 15%
December
2017 January
February
March
April 10% 10%
May 20%
June
July
August
September
October
November 18%
December
2018 January
February
March
April
May 10% 20%
June
July
August
September
October
November 12%
2019 December
January
February
March
April
May 10%
June 20%
July
August
September
5 6 7 8 9
BDLAMPS IPDC ICB LANKABAFIN AMCL
45% 32%
5% 10%
20%
35% 32%
20% 15%
30% 32%
30%
30% 32%
7.50%
20%
30%
32%
7% 15%
30%
10 11 12 13 14 15
GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM

8%
20%
15%
110%
100%
20%
200%
15%
30%
15%
110%
115%
18%
200%
20%
40%
75% 15%
110%
20%
200%
45% 40% 15%

340%
25%
42% 115% 15%
375%
26%
16 17 18 19 20
RENATA SQURPHARMA BATASHOE GP HEIDELBCEM
175%
65%
380%
80% 105%
80%
30%
215%
60%
300%
85% 105%
40%
225%
40% 90%
300%
105%
105%
90% 35%
230%
100%
335% 150%
95% 36%
280%
345% 75%
90%
Stock Number 1 2 3
Industry Name
Year Month ISLAMIBANK EBL BRACBANK
2014 September
October
November
December
2015 January
February
March
April
May
June 15%
July
August
September
October
November
December
2016 January
February
March
April
May
June 5%
July
August
September
October
November
December
2017 January
February
March
April 20%
May
June
July
August
September
October
November
December
2018 January
February
March
April 25%
May
June
July
August
September
October
November
2019 December
January
February
March
April 15%
May
June 10
July
August
September
4 5 6 7 8
10% 10%
20% 15%
20%
5%
20%
7.50%
5%
8%
9 10 11 12 13
AMCL GEMINISEA OLYMPIC LINDEBD DELTALIFE
35%
20%
50%
5%
125%
15%
14 15 16 17 18
ACI ORIONPHARM RENATA SQURPHARMA BATASHOE
15% 20%
12.5%
10% 15%
10%
10%
7.5%
10%
3.50% 15% 7%
19 20
GP HEIDELBCEM
Industry Name
Year Month ISLAMIBANK EBL BRACBANK DAFODILCOM
2014 September
October
November
December
2015 January
February
March
April
May
June
July
August
September
October
November
December
2016 January
February
March
April
May
June
July
August
September
October
November
December
2017 January
February
March
April
May
June
July
August
September
October
November
December
2018 January
February
March
April
May
June
July
August
September
October
November
2019 December
January
February
March
April
May
June
July
August
September
5 6 7 8 9

10 11 12 13 14 15

16 17 18 19 20
50.00%
Industry Name
2014 September
October
November
December
2015 January
February
March
April
May
June
July
August
September
October
November
December
2016 January
February
March
April
May
June
July
August
September
October
November
December
2017 January
February
March
April
May
June
July
August
September
October
November
December
2018 January
February
March
April
May
June
July
August
September
October
November
2019 December
January
February
March
April
May
June
July
August
September
5 6 7 8 9

10 11 12 13 14 15

16 17 18 19 20
20.00
Industry Name
2014 September 1 1 1 1
October 1 1 1 1
November 1 1 1 1
December 1 1 1 1
2015 January 1 1 1 1
February 1 1 1 1
March 1 1 1 1
April 1 1 1 1
May 1 1 1 1
June 1 1 1 1
July 1 1 1 1
August 1 1 1 1
September 1 1 1 1
October 1 1 1 1
November 1 1 1 1
December 1 1 1 1
2016 January 1 1 1 1
February 1 1 1 1
March 1 1 1 1
April 1 1 1 1
May 1 1 1 1
June 1 1 1 1
July 1 1 1 1
August 1 1 1 1
September 1 1 1 1
October 1 1 1 1
November 1 1 1 1
December 1 1 1 1
2017 January 1 1 1 1
February 1 1 1 1
March 1 1 1 1
April 1 1 1 1
May 1 1 1 1
June 1 1 1 1
July 1 1 1 1
August 1 1 1 1
September 1 1 1 1
October 1 1 1 1
November 1 1 1 1
December 1 1 1 1
2018 January 1 1 1 1
February 1 1 1 1
March 1 1 1 1
April 1 1 1 1
May 1 1 1 1
June 1 1 1 1
July 1 1 1 1
August 1 1 1 1
September 1 1 1 1
October 1 1 1 1
November 1 1 1 1
2019 December 1 1 1 1
January 1 1 1 1
February 1 1 1 1
March 1 1 1 1
April 1 1 1 1
May 1 1 1 1
June 1 1 1 1
July 1 1 1 1
August 1 1 1 1
September 1 1 1 1
5 6 7 8 9

1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
10 11 12 13 14
GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI

1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
15 16 17 18 19

1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
20
HEIDELBCEM
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Stock Number 1 2 3 4 5
Industry Name
Year Month ISLAMIBANKEBL BRACBANK DAFODILCOM BDLAMPS
2014 September
October 0.00% 0.00% 0.00% 0.00% 0.00%
November 0.00% 0.00% 0.00% 0.00% 0.00%
December 0.00% 0.00% 0.00% 0.00% 0.00%
2015 January 0.00% 0.00% 0.00% 0.00% 0.00%
February 0.00% 0.00% 0.00% 0.00% 0.00%
March 0.00% 0.00% 0.87% 0.00% 0.00%
April 0.94% 0.90% 0.00% 0.00% 0.19%
May 0.00% 0.00% 0.00% 0.00% 0.00%
June 0.00% 0.00% 0.00% 0.00% 0.00%
July 0.00% 0.00% 0.00% 0.00% 0.00%
August 0.00% 0.00% 0.00% 0.00% 0.00%
September 0.00% 0.00% 0.00% 0.00% 0.00%
October 0.00% 0.00% 0.00% 0.00% 0.00%
November 0.00% 0.00% 0.00% 0.67% 0.00%
December 0.00% 0.00% 0.00% 0.00% 0.00%
2016 January 0.00% 0.00% 0.00% 0.00% 0.00%
February 0.00% 0.00% 0.00% 0.00% 0.00%
March 0.00% 0.00% 0.00% 0.00% 0.11%
April 0.00% 0.83% 0.00% 0.00% 0.00%
May 0.38% 0.00% 0.81% 0.00% 0.00%
June 0.00% 0.00% 0.00% 0.00% 0.00%
July 0.00% 0.00% 0.00% 0.00% 0.00%
August 0.00% 0.00% 0.00% 0.00% 0.00%
September 0.00% 0.00% 0.00% 0.00% 0.00%
October 0.00% 0.00% 0.00% 0.00% 0.00%
November 0.00% 0.00% 0.00% 0.45% 0.00%
December 0.00% 0.00% 0.00% 0.00% 0.00%
2017 January 0.00% 0.00% 0.00% 0.00% 0.00%
February 0.00% 0.00% 0.00% 0.00% 0.00%
March 0.00% 0.00% 0.00% 0.00% 0.00%
April 0.31% 0.00% 0.17% 0.00% 0.00%
May 0.00% 0.63% 0.00% 0.00% 0.00%
June 0.00% 0.00% 0.00% 0.00% 0.00%
July 0.00% 0.00% 0.00% 0.00% 0.00%
August 0.00% 0.00% 0.00% 0.00% 0.17%
September 0.00% 0.00% 0.00% 0.00% 0.00%
October 0.00% 0.00% 0.00% 0.00% 0.00%
November 0.00% 0.00% 0.00% 0.38% 0.00%
December 0.00% 0.00% 0.00% 0.00% 0.00%
2018 January 0.00% 0.00% 0.00% 0.00% 0.00%
February 0.00% 0.00% 0.00% 0.00% 0.00%
March 0.00% 0.00% 0.00% 0.00% 0.00%
April 0.00% 0.00% 0.00% 0.00% 0.00%
May 0.43% 0.56% 0.00% 0.00% 0.00%
June 0.00% 0.00% 0.00% 0.00% 0.00%
July 0.00% 0.00% 0.00% 0.00% 0.00%
August 0.00% 0.00% 0.00% 0.00% 0.00%
September 0.00% 0.00% 0.00% 0.00% 0.00%
October 0.00% 0.00% 0.00% 0.00% 0.09%
November 0.00% 0.00% 0.00% 0.34% 0.00%
2019 December 0.00% 0.00% 0.00% 0.00% 0.00%
January 0.00% 0.00% 0.00% 0.00% 0.00%
February 0.00% 0.00% 0.00% 0.00% 0.00%
March 0.00% 0.00% 0.00% 0.00% 0.00%
April 0.00% 0.00% 0.00% 0.00% 0.00%
May 0.40% 0.00% 0.00% 0.00% 0.00%
June 0.00% 0.53% 0.00% 0.00% 0.00%
July 0.00% 0.00% 0.00% 0.00% 0.00%
August 0.00% 0.00% 0.00% 0.00% 0.16%
September 0.00% 0.00% 0.00% 0.00% 0.00%
6 7 8 9 10
IPDC ICB LANKABAFIN AMCL GEMINISEA
0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.32% 0.00% 0.16% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
2.94% 0.00% 0.63% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.06%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.33% 0.00% 0.17% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.75% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.02%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.32% 0.00% 0.16% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.18% 0.00% 0.14% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.26% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.29% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.13% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.19% 0.00% 0.67% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
11 12 13 14 15 16
OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM RENATA
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.12% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.33% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.12% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.23% 0.00% 0.10%
0.00% 0.00% 0.19% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.18% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.13% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.41% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.10% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.28% 0.00% 0.08%
0.00% 0.00% 0.19% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.14% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.14% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.21% 0.36% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.04%
0.00% 0.09% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.21% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.16% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.16% 0.00% 0.00% 0.09% 0.31% 0.08%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.28% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.25% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.19% 0.00% 0.00% 0.35% 0.41% 0.08%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.32% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.28% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
17 18 19 20
SQURPHARMA BATASHOE GP HEIDELBCEM
0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00%
0.00% 0.15% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.19% 0.00%
0.00% 0.00% 0.00% 0.84%
0.00% 0.00% 0.00% 0.00%
0.00% 0.09% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.24% 0.00%
0.12% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.16% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.23% 0.00%
0.00% 0.00% 0.00% 0.60%
0.00% 0.00% 0.00% 0.00%
0.00% 0.09% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.16% 0.00% 0.00% 0.00%
0.00% 0.20% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.29% 0.00%
0.00% 0.00% 0.00% 0.58%
0.00% 0.00% 0.00% 0.00%
0.00% 0.09% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.27% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.12% 0.00% 0.00% 0.00%
0.00% 0.20% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.21% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.30% 0.00% 0.44%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.14% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.71% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.35% 0.00% 0.31%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.29% 0.00%
0.00% 0.00% 0.00% 0.00%
Industry Name
2014 September
October 8.00% 1.36% 8.38% 7.14%
November -7.41% -8.78% 4.30% -26.67%
December -8.00% 0.40% 2.18% 18.18%
2015 January 4.35% 4.75% 6.17% 7.69%
February 0.00% 0.00% -2.28% 0.00%
March -16.67% -8.77% -11.12% -14.29%
April -20.00% 2.69% -3.80% -8.33%
May 12.50% 2.26% 5.77% 9.09%
June -5.56% 9.51% 12.59% 8.33%
July 29.41% -2.28% 2.29% 7.69%
August 36.36% -1.62% -2.72% 28.57%
September 3.33% 6.43% 5.37% -5.56%
October -9.68% 5.63% 12.60% 11.76%
November 0.00% 1.07% 3.69% -5.26%
December 0.00% 0.72% 1.25% 5.56%
2016 January -7.14% 1.01% -2.46% 26.32%
February -7.69% 3.80% -9.28% -4.17%
March -4.17% -0.32% 3.72% -8.70%
April -4.35% -2.30% -7.38% -4.76%
May 18.18% 5.13% 12.07% 20.00%
June 11.54% 14.83% 14.23% -4.17%
July 10.34% -3.09% 20.38% -8.70%
August -7.19% 1.41% -4.54% 3.81%
September 4.38% 2.45% -1.65% 20.64%
October -0.32% -1.71% 0.00% 22.05%
November -2.91% 0.36% 9.19% 4.67%
December -1.00% 0.00% -2.00% 27.98%
2017 January 51.85% 14.48% 5.62% -8.14%
February -2.00% 2.12% -1.02% 0.51%
March -7.01% -2.97% 29.39% -8.31%
April -21.65% -2.33% 20.91% 17.31%
May -3.11% 3.59% 6.59% -10.30%
June 3.21% 10.41% 3.99% 7.05%
July 10.25% 12.86% 8.80% 25.12%
August -7.04% 13.92% -2.28% -4.68%
September 4.55% 0.89% 0.12% -6.13%
October -4.35% 4.19% 17.11% 13.29%
November 2.42% 13.53% 9.15% -10.00%
December 8.28% -4.84% -1.28% -7.26%
2018 January -6.83% -14.29% -10.70% -4.38%
February -7.04% -5.48% -5.37% -7.95%
March -13.88% -2.90% 6.11% -14.66%
April -6.59% -4.23% 40.98% 15.64%
May -7.84% -6.49% -15.05% -2.65%
June 1.28% -6.11% -4.43% 7.36%
July -4.20% -6.51% -7.72% 11.17%
August 3.07% 17.09% 1.92% -3.42%
September 0.85% -10.00% -6.77% -13.24%
October -0.84% 5.11% -1.94% -12.53%
November 0.00% -0.86% 3.27% 8.72%
2019 December 2.98% 3.75% 0.00% 24.93%
January 12.40% -0.25% 7.97% 8.72%
February -7.72% -2.78% 3.44% 4.43%
March 3.59% -3.38% -4.19% -6.46%
April -4.23% 9.96% 4.89% 8.86%
May -0.80% 0.57% 4.70% -7.74%
June -4.45% 1014.75% 2.32% -2.37%
July -3.81% -1.85% -4.84% 13.00%
August -1.32% -7.28% -7.95% 3.51%
September -3.57% 1.45% 6.22% -2.64%
5 6 7 8 9 10
BDLAMPS IPDC ICB LANKABAFIN AMCL GEMINISEA
4.13% 10.86% 9.64% -11.83% 0.00% 4.12%

-4.76% -6.70% -6.55% -7.99% -11.75% 26.73%
-1.67% 6.08% -5.57% 3.29% -1.80% 9.38%
-11.86% -4.17% -2.01% -6.61% 2.24% 13.57%
16.35% 1.09% 2.19% -2.66% 5.09% -17.61%
-6.61% 0.54% -5.58% -4.38% -3.32% -4.58%
-8.85% -8.82% -24.65% -23.73% -13.75% 34.40%
0.97% 17.42% 11.52% 30.69% 8.94% -4.76%
0.96% -4.40% 14.81% -11.74% -0.21% 4.38%
48.57% 15.52% 0.79% 7.15% 3.51% 17.37%
6.41% 7.46% 8.06% -5.01% 17.15% 36.22%
22.89% 8.33% -0.51% 23.68% -2.33% -0.75%
-5.39% 14.10% -4.34% -14.89% -14.72% 12.08%
0.52% 17.60% -13.75% -6.34% -4.04% -25.25%
34.02% -1.59% -4.81% 3.92% 10.32% -5.41%
-5.38% 10.03% -5.80% -5.14% -3.09% 2.38%
-4.07% -6.18% 1.99% 48.30% -1.11% 73.02%
-23.31% 495.49% -2.73% 12.14% -1.48% 37.90%
-6.63% -0.44% -8.61% -7.50% 0.62% 30.99%
-1.18% 11.48% 3.51% -11.24% 0.41% -5.80%
1.80% -3.59% 19.37% -0.73% 0.46% -4.27%
10.00% 20.13% -6.82% 0.74% 5.72% 21.62%
1.66% 24.91% -0.39% -0.37% 7.59% 20.21%
-2.84% 8.46% 0.19% 18.40% -3.28% 38.33%
-7.58% -6.82% -6.58% -19.41% -7.15% -7.06%
3.34% 13.00% 1.84% 5.57% 1.90% -1.49%
-1.08% 2.14% 4.70% 22.09% 1.91% -4.64%
-0.63% -0.47% 57.04% 38.22% 5.49% -10.05%
1.96% 26.84% 1.95% 32.00% -0.82% 5.14%
-3.56% 33.05% 14.35% 15.75% -3.55% -9.04%
-1.52% -11.86% 0.37% -17.06% 0.24% -6.75%
2.26% -8.20% -6.51% -7.35% 0.05% -4.18%
0.93% 12.18% -2.67% 13.42% 3.05% 6.06%
6.06% 7.06% 11.22% 5.94% -0.74% -1.00%
-1.74% -2.68% -7.26% 2.88% 1.40% -52.52%
-7.09% -4.89% -0.72% 0.82% -3.76% 117.02%
0.77% -4.02% 3.80% 4.57% -1.43% 60.20%
3.78% 13.03% -0.68% 11.49% 7.93% 15.49%
6.44% 3.09% -4.36% -6.26% -0.49% -6.79%
-4.71% -0.41% -5.19% -13.40% -3.92% -14.60%
6.07% 17.17% -8.70% -15.68% 0.98% 4.25%
-8.47% -15.27% -10.90% -2.66% -0.51% -0.84%
4.98% -1.74% 5.43% 1.02% 5.04% 3.49%
-7.77% -8.58% -5.15% -11.78% -6.00% -7.78%
48.42% 0.32% 23.01% 2.29% 10.26% 18.77%
0.40% -5.48% -8.23% -5.60% 0.90% -9.03%
-6.18% 39.04% -13.04% 18.58% 2.97% -15.12%
-5.09% -12.71% -9.94% -13.00% -1.86% -5.10%
-2.61% 2.84% 0.56% -10.73% -5.30% -15.08%
-7.17% -4.54% -2.20% -3.00% 3.02% 30.91%
-1.84% 1.06% 3.39% 1.33% 3.66% -1.92%
20.66% 12.59% 5.68% 17.90% 2.45% 6.77%
-1.47% -9.32% -2.12% -3.70% 5.15% -0.65%
-0.77% 7.64% -2.91% -14.23% -3.40% -5.85%
-25.26% -4.18% -9.93% -8.97% -2.32% -14.60%
9.33% 1.16% 12.65% 8.87% -0.33% 1.26%
9.64% -24.43% -2.12% -4.52% -0.94% 4.73%
-8.12% -7.60% -8.36% -17.54% -5.92% -11.12%
0.89% -3.70% -3.86% -0.57% -2.29% -11.77%
-6.68% -2.14% -5.39% -4.05% -2.66% 11.11%
11 12 13 14 15 16
OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM RENATA
6.45% 4.28% -3.72% -5.20% 0.00% 6.31%

50.39% -0.33% -18.23% -16.11% -14.81% -5.13%
4.90% 1.78% 1.35% 2.44% 0.00% 1.42%
2.90% -2.08% -10.00% -8.69% -6.52% 1.40%
-3.42% 4.46% 8.89% 22.47% 2.33% 14.52%
-1.60% -2.67% -0.68% 22.75% -4.55% 0.72%
-5.13% -10.54% -23.29% -0.22% -21.43% -10.55%
4.22% 1.23% 0.00% 30.52% 15.15% 24.99%
6.83% 15.88% -5.36% -1.88% 7.89% 11.84%
17.76% 26.26% 1.89% 13.17% -4.88% 24.40%
-0.18% -8.12% -0.93% -6.53% -5.13% -2.87%
9.64% 17.67% -0.93% 6.14% 2.70% 3.52%
-5.29% -9.04% -14.15% -4.24% -7.89% -3.50%
25.06% 1.01% 12.09% -8.74% -2.86% 3.53%
4.14% -5.09% 19.61% 10.68% 8.82% -1.29%
0.92% -0.18% -10.66% -2.85% -2.70% 0.37%
8.87% -1.14% -4.59% 1.76% 8.33% 0.74%
2.95% -5.16% 7.69% -2.23% -2.56% -1.20%
3.58% 12.68% -18.75% -3.23% -10.53% 0.65%
7.54% 14.50% 6.59% 5.41% 8.82% 17.99%
5.73% 4.59% -1.03% -0.55% 0.00% 7.14%
-1.74% 0.07% -2.08% -1.10% 0.00% -5.15%
-10.99% -3.56% 4.89% -3.38% 0.81% -2.14%
1.39% 2.31% -1.62% 0.46% 1.88% 0.39%
-1.37% -7.25% -4.85% -5.19% -7.11% -1.46%
7.91% 2.44% 8.02% -1.21% 17.56% 0.28%
4.16% -3.86% 0.90% -5.79% 1.45% -0.52%
0.32% -1.75% 9.05% 22.88% 13.54% 1.42%
-0.52% 0.75% -0.09% -1.77% 11.30% 0.71%
-6.41% -5.08% 3.92% 3.05% -7.71% -1.83%
-3.62% 0.55% -8.17% 4.67% -5.70% 1.48%
-3.32% 7.09% -9.66% 13.31% 3.89% -0.53%
3.92% -2.57% 4.76% -0.10% 5.61% 5.32%
3.12% 1.49% -0.20% 0.39% -2.36% -1.86%
-4.70% -4.22% 3.24% 7.93% -1.61% -12.68%
-0.73% -1.92% 6.76% 3.49% -1.84% 2.16%
-5.74% -0.07% -2.30% -1.61% 1.46% 2.86%
11.44% 5.13% 8.83% -9.19% 1.03% 4.94%
1.02% 0.41% -7.08% -2.25% -0.81% 2.82%
-1.25% -0.45% -6.51% -6.66% -3.08% 9.43%
-8.89% -3.97% 0.10% -4.36% 1.27% 2.51%
6.01% -0.19% 6.75% -2.78% 0.00% -2.16%
-4.00% 3.42% -1.86% -9.17% -6.90% 2.27%
-10.11% -1.52% -4.64% 2.32% -8.09% -4.20%
-5.44% 0.70% -0.60% 3.14% 1.22% 7.25%
-7.98% -3.39% -2.30% 4.37% -0.48% -3.79%
-2.32% -1.35% -0.51% -2.45% -4.13% -15.13%
1.64% -3.17% 5.76% -7.23% -3.29% 0.72%
6.59% -3.53% 13.42% 2.82% -4.19% 3.91%
-0.27% 9.36% -8.06% -0.35% -0.27% 18.53%
-0.78% -2.09% 2.43% 0.31% 0.82% -0.04%
11.19% 5.86% 1.91% -8.25% 2.72% -0.18%
-3.49% 6.48% -1.88% 2.00% -3.70% 2.40%
0.04% -12.04% -4.10% 0.00% -8.52% 1.85%
0.05% 4.05% -12.16% -19.55% -4.50% -1.00%
3.40% 3.40% 5.84% 2.00% 6.92% -0.46%
4.65% 3.24% 2.15% 9.66% -2.35% 2.31%
-5.84% -1.25% -6.00% -7.03% -2.71% -2.33%
-6.83% 11.59% 2.45% 12.02% 0.62% -7.72%
-1.40% -2.17% -5.40% -10.80% -11.08% 6.20%
17 18 19 20
6.90% 11.07% -2.09% -2.07%

-9.68% -9.41% -14.71% -5.19%
2.68% 3.99% 13.48% 1.22%
-1.74% 5.03% -9.12% -1.60%
3.54% 12.10% 1.82% 2.65%
0.00% -1.81% 6.87% -10.71%
-6.41% 25.90% -9.50% 2.89%
0.00% 3.15% 0.00% 9.29%
6.39% 6.78% 1.85% 12.65%
3.86% 5.00% 0.00% 11.40%
17.61% -1.36% -3.94% -5.04%
-1.58% 4.06% -10.09% 6.14%
-2.41% -0.44% -12.63% -5.63%
4.53% -1.55% 6.83% -6.29%
0.00% -0.98% -4.89% -0.71%
1.97% -1.14% 1.58% -2.14%
1.93% -5.14% 0.00% -1.64%
-4.92% -5.34% -11.67% -7.39%
0.80% 0.00% 8.37% 4.79%
2.77% 0.00% 3.66% 2.29%
2.31% 2.99% 0.00% -2.79%
0.38% -1.58% 8.24% 5.36%
-10.69% -0.45% -4.38% -2.75%
2.40% -0.03% 2.24% 1.38%
-0.30% -0.75% 1.26% 0.46%
10.66% 0.09% 3.73% 0.86%
1.71% -2.60% 0.25% 0.51%
4.34% -0.17% 6.16% -0.31%
3.19% -0.85% 2.45% 0.29%
3.62% -1.31% 7.48% -6.36%
2.09% 1.23% 1.66% -7.27%
-0.60% 0.28% -2.64% -6.72%
2.87% -0.11% 4.78% 0.38%
-2.52% 7.08% 10.19% 1.25%
-5.89% -4.94% 2.66% -5.76%
6.95% -0.18% 6.60% 0.05%
-2.81% 0.17% 5.54% -4.90%
17.27% 0.33% 7.55% 0.29%
0.00% 1.43% -0.13% 3.94%
8.02% 0.84% 6.71% -3.81%
-3.90% -0.91% -4.72% -4.45%
-1.05% 1.14% -3.49% -3.61%
-1.00% -3.61% 1.65% -0.13%
-8.05% -0.68% -11.67% -8.75%
3.86% 0.30% -6.24% 5.13%
-8.70% -2.37% 0.33% -2.55%
-3.12% 0.10% -0.92% -1.76%
-1.69% -1.48% -4.19% 0.29%
-2.02% -0.37% 2.54% -0.26%
12.90% 3.71% -4.50% -2.14%
-3.53% -1.33% 1.27% -0.95%
3.58% 0.45% 8.41% 4.54%
3.99% 0.04% -1.18% 0.74%
-2.52% 2.54% 3.99% -2.41%
-2.62% -16.53% -12.34% -28.20%
-1.96% 3.37% -1.00% -3.04%
3.73% 3.46% 2.70% 1.13%
-5.07% -5.99% -8.86% -19.98%
-6.17% 1.33% -6.14% 7.59%
-6.27% -4.40% 12.95% -5.08%
ISLAMIBANK EBL BRACBANK DAFODILCOMBDLAMPS IPDC ICB LANKABAFIN AMCL
ISLAMIBAN 0.007649 -0.006066 0.00066 0.002446 0.004992 -0.00043 0.008081 0.005943 0.003055
EBL -0.006066 0.007411 0.000195 -0.008047 0.013166 -0.060345 -0.00159 -0.005947 -0.001314
BRACBANK 0.00066 0.000195 0.009603 0.001524 0.000581 0.002453 0.003064 0.001085 0.000534
DAFODILC 0.002446 -0.008047 0.001524 0.005438 0.001245 -0.008733 0.001865 -0.000103 0.001661
BDLAMPS 0.004992 0.013166 0.000581 0.001245 0.002697 -0.017737 0.004014 0.003333 0.003146
IPDC -0.00043 -0.060345 0.002453 -0.008733 -0.017737 0.006472 -0.001159 0.01595 -2.54E-05
ICB 0.008081 -0.00159 0.003064 0.001865 0.004014 -0.001159 0.032559 0.007525 0.002368
LANKABAFI 0.005943 -0.005947 0.001085 -0.000103 0.003333 0.01595 0.007525 0.007998 0.002714
AMCL 0.003055 -0.001314 0.000534 0.001661 0.003146 -2.54E-05 0.002368 0.002714 0.013929
GEMINISEA 0.000856 -0.003837 -3.54E-05 -6.94E-05 -0.001353 0.023318 2.569E-05 0.00634 -0.000377
OLYMPIC 0.001753 0.004766 0.000777 -0.002722 0.001442 0.000932 9.246E-07 0.001756 -0.000674
LINDEBD 0.001733 0.004047 0.001049 0.000437 0.003252 -0.005061 0.001061 0.001183 0.000632
DELTALIFE 0.002741 0.005742 0.000357 -0.000546 0.00314 0.009004 0.00255 0.003931 0.001891
ACI 0.00241 0.015462 -0.001093 -0.000848 0.00368 -0.002471 0.0034 0.003983 0.001181
ORIONPHA 0.002767 -0.001547 0.000325 0.001219 0.002312 0.000215 0.003699 0.005688 0.001784
RENATA 0.002666 0.000443 0.000865 0.001335 0.003002 -0.002219 0.002501 0.000752 0.001068
SQURPHA 0.002424 0.005526 0.000928 0.001313 0.001508 -0.003741 0.001977 0.001371 0.001315
BATASHOE 0.000166 0.005248 -6.64E-05 0.000113 0.001709 -0.004895 0.000176 -0.001159 -0.000163
GP 0.001238 0.00487 0.001212 0.000821 0.000754 -0.007958 0.001483 0.002059 0.000681
HEIDELBC 0.002127 0.004194 0.000309 0.000431 0.004183 -0.003305 0.001628 0.002343 0.000882
GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARMRENATASQURPHARMA BATASHOE GP
0.000856 0.001753 0.001733 0.002741 0.00241 0.002767 0.002666 0.002424 0.000166 0.001238
-0.003837 0.004766 0.004047 0.005742 0.015462 -0.001547 0.000443 0.005526 0.005248 0.00487
-3.54E-05 0.000777 0.001049 0.000357 -0.001093 0.000325 0.000865 0.000928 -6.64E-05 0.001212
-6.94E-05 -0.002722 0.000437 -0.000546 -0.000848 0.001219 0.001335 0.001313 0.000113 0.000821
-0.001353 0.001442 0.003252 0.00314 0.00368 0.002312 0.003002 0.001508 0.001709 0.000754
0.023318 0.000932 -0.005061 0.009004 -0.002471 0.000215 -0.002219 -0.003741 -0.004895 -0.007958
2.569E-05 9.246E-07 0.001061 0.00255 0.0034 0.003699 0.002501 0.001977 0.000176 0.001483
0.00634 0.001756 0.001183 0.003931 0.003983 0.005688 0.000752 0.001371 -0.001159 0.002059
-0.000377 -0.000674 0.000632 0.001891 0.001181 0.001784 0.001068 0.001315 -0.000163 0.000681
0.009109 0.001736 -0.000325 -0.003333 -0.00314 -0.001277 0.00114 0.00257 0.000777 -9.58E-05
0.001736 0.003637 0.001773 0.000154 -0.00171 -2.08E-05 0.00129 0.000768 -0.000561 -0.000137
-0.000325 0.001773 0.00181 7.027E-05 0.001086 0.001197 0.002585 0.00095 0.000407 0.000351
-0.003333 0.000154 7.027E-05 0.004448 0.002275 0.002951 0.000852 0.000968 -0.000399 0.001524
-0.00314 -0.00171 0.001086 0.002275 0.015567 0.002547 0.002072 0.000133 0.001559 0.000982
-0.001277 -2.08E-05 0.001197 0.002951 0.002547 0.066298 0.001688 0.001263 -0.000269 0.000904
0.00114 0.00129 0.002585 0.000852 0.002072 0.001688 0.019609 0.001748 0.000739 0.000886
0.00257 0.000768 0.00095 0.000968 0.000133 0.001263 0.001748 0.005156 0.000451 0.001302
0.000777 -0.000561 0.000407 -0.000399 0.001559 -0.000269 0.000739 0.000451 0.001877 0.000265
-9.58E-05 -0.000137 0.000351 0.001524 0.000982 0.000904 0.000886 0.001302 0.000265 0.004191
0.002169 0.000863 0.00171 0.000785 0.002039 0.001142 0.001599 0.00078 0.00181 0.001161
HEIDELBCEM
0.002127
0.004194
0.000309
0.000431
0.004183
-0.003305
0.001628
0.002343
0.000882
0.002169
0.000863
0.00171
0.000785
0.002039
0.001142
0.001599
0.00078
0.00181
0.001161
0.003922
Industry Name
2014 October 8.00% 1.36% 8.38% 7.14%
November -7.41% -8.78% 4.30% -26.67%
December -8.00% 0.40% 2.18% 18.18%
2015 January 4.35% 4.75% 6.17% 7.69%
February 0.00% 0.00% -2.28% 0.00%
March -16.67% -8.77% -10.24% -14.29%
April -19.06% 3.60% -3.80% -8.33%
May 12.50% 2.26% 5.77% 9.09%
June -5.56% 9.51% 12.59% 8.33%
July 29.41% -2.28% 2.29% 7.69%
August 36.36% -1.62% -2.72% 28.57%
September 3.33% 6.43% 5.37% -5.56%
October -9.68% 5.63% 12.60% 11.76%
November 0.00% 1.07% 3.69% -4.60%
December 0.00% 0.72% 1.25% 5.56%
2016 January -7.14% 1.01% -2.46% 26.32%
February -7.69% 3.80% -9.28% -4.17%
March -4.17% -0.32% 3.72% -8.70%
April -4.35% -1.48% -7.38% -4.76%
May 18.57% 5.13% 12.87% 20.00%
June 11.54% 14.83% 14.23% -4.17%
July 10.34% -3.09% 20.38% -8.70%
August -7.19% 1.41% -4.54% 3.81%
September 4.38% 2.45% -1.65% 20.64%
October -0.32% -1.71% 0.00% 22.05%
November -2.91% 0.36% 9.19% 5.12%
December -1.00% 0.00% -2.00% 27.98%
2017 January 51.85% 14.48% 5.62% -8.14%
February -2.00% 2.12% -1.02% 0.51%
March -7.01% -2.97% 29.39% -8.31%
April -21.34% -2.33% 21.09% 17.31%
May -3.11% 4.23% 6.59% -10.30%
June 3.21% 10.41% 3.99% 7.05%
July 10.25% 12.86% 8.80% 25.12%
August -7.04% 13.92% -2.28% -4.68%
September 4.55% 0.89% 0.12% -6.13%
October -4.35% 4.19% 17.11% 13.29%
November 2.42% 13.53% 9.15% -9.62%
December 8.28% -4.84% -1.28% -7.26%
2018 January -6.83% -14.29% -10.70% -4.38%
February -7.04% -5.48% -5.37% -7.95%
March -13.88% -2.90% 6.11% -14.66%
April -6.59% -4.23% 40.98% 15.64%
May -7.42% -5.94% -15.05% -2.65%
June 1.28% -6.11% -4.43% 7.36%
July -4.20% -6.51% -7.72% 11.17%
August 3.07% 17.09% 1.92% -3.42%
September 0.85% -10.00% -6.77% -13.24%
October -0.84% 5.11% -1.94% -12.53%
November 0.00% -0.86% 3.27% 9.07%
2019 December 2.98% 3.75% 0.00% 24.93%
January 12.40% -0.25% 7.97% 8.72%
February -7.72% -2.78% 3.44% 4.43%
March 3.59% -3.38% -4.19% -6.46%
April -4.23% 9.96% 4.89% 8.86%
May -0.40% 0.57% 4.70% -7.74%
June -4.45% 1015.27% 2.32% -2.37%
July -3.81% -1.85% -4.84% 13.00%
August -1.32% -7.28% -7.95% 3.51%
September -3.57% 1.45% 6.22% -2.64%
Mean Return 0.42% 18.07% 3.15% 2.96%

5 6 7 8 9 10
BDLAMPS IPDC ICB LANKABAFIN AMCL GEMINISEA

4.13% 10.86% 9.64% -11.83% 0.00% 4.12%
-4.76% -6.70% -6.23% -7.99% -11.59% 26.73%
-1.67% 6.08% -5.57% 3.29% -1.80% 9.38%
-11.86% -4.17% -2.01% -6.61% 2.24% 13.57%
16.35% 1.09% 2.19% -2.66% 5.09% -17.61%
-6.61% 3.48% -5.58% -3.75% -3.32% -4.58%
-8.66% -8.82% -24.65% -23.73% -13.75% 34.40%
0.97% 17.42% 11.52% 30.69% 8.94% -4.76%
0.96% -4.40% 14.81% -11.74% -0.21% 4.38%
48.57% 15.52% 0.79% 7.15% 3.51% 17.37%
6.41% 7.46% 8.06% -5.01% 17.15% 36.22%
22.89% 8.33% -0.51% 23.68% -2.33% -0.69%
-5.39% 14.10% -4.34% -14.89% -14.72% 12.08%
0.52% 17.60% -13.42% -6.34% -3.87% -25.25%
34.02% -1.59% -4.81% 3.92% 10.32% -5.41%
-5.38% 10.03% -5.80% -5.14% -3.09% 2.38%
-4.07% -6.18% 1.99% 48.30% -1.11% 73.02%
-23.19% 495.49% -2.73% 12.89% -1.48% 37.90%
-6.63% -0.44% -8.61% -7.50% 0.62% 30.99%
-1.18% 11.48% 3.51% -11.24% 0.41% -5.80%
1.80% -3.59% 19.37% -0.73% 0.46% -4.27%
10.00% 20.13% -6.82% 0.74% 5.72% 21.62%
1.66% 24.91% -0.39% -0.37% 7.59% 20.21%
-2.84% 8.46% 0.19% 18.40% -3.28% 38.35%
-7.58% -6.82% -6.58% -19.41% -7.15% -7.06%
3.34% 13.00% 2.16% 5.57% 2.06% -1.49%
-1.08% 2.14% 4.70% 22.09% 1.91% -4.64%
-0.63% -0.47% 57.04% 38.22% 5.49% -10.05%
1.96% 26.84% 1.95% 32.00% -0.82% 5.14%
-3.56% 33.05% 14.35% 15.75% -3.55% -9.04%
-1.52% -11.86% 0.37% -17.06% 0.24% -6.75%
2.26% -8.20% -6.51% -7.35% 0.05% -4.18%
0.93% 12.18% -2.67% 13.42% 3.05% 6.06%
6.06% 7.06% 11.22% 5.94% -0.74% -1.00%
-1.57% -2.68% -7.26% 2.88% 1.40% -52.52%
-7.09% -4.89% -0.72% 0.82% -3.76% 117.02%
0.77% -4.02% 3.80% 4.57% -1.43% 60.20%
3.78% 13.03% -0.50% 11.49% 8.08% 15.49%
6.44% 3.09% -4.36% -6.26% -0.49% -6.79%
-4.71% -0.41% -5.19% -13.40% -3.92% -14.60%
6.07% 17.17% -8.70% -15.68% 0.98% 4.25%
-8.47% -15.27% -10.90% -2.41% -0.51% -0.84%
4.98% -1.74% 5.43% 1.02% 5.04% 3.49%
-7.77% -8.58% -5.15% -11.78% -6.00% -7.78%
48.42% 0.32% 23.01% 2.29% 10.26% 18.77%
0.40% -5.48% -8.23% -5.60% 0.90% -9.03%
-6.18% 39.04% -13.04% 18.58% 2.97% -15.12%
-5.09% -12.71% -9.94% -13.00% -1.86% -5.10%
-2.52% 2.84% 0.56% -10.73% -5.30% -15.08%
-7.17% -4.54% -1.90% -3.00% 3.02% 30.91%
-1.84% 1.06% 3.39% 1.33% 3.80% -1.92%
20.66% 12.59% 5.68% 17.90% 2.45% 6.77%
-1.47% -9.32% -2.12% -3.70% 5.15% -0.65%
-0.77% 7.84% -2.91% -13.56% -3.40% -5.85%
-25.26% -4.18% -9.93% -8.97% -2.32% -14.60%
9.33% 1.16% 12.65% 8.87% -0.33% 1.26%
9.64% -24.43% -2.12% -4.52% -0.94% 4.73%
-8.12% -7.60% -8.36% -17.54% -5.92% -11.12%
1.04% -3.70% -3.86% -0.57% -2.29% -11.77%
-6.68% -2.14% -5.39% -4.05% -2.66% 11.11%
1.38% 11.50% 0.01% 0.89% 0.08% 6.38%

11 12 13 14 15 16
OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARMRENATA

6.45% 4.28% -3.72% -5.20% 0.00% 6.31%
50.51% -0.33% -18.23% -16.11% -14.81% -5.13%
4.90% 1.78% 1.35% 2.44% 0.33% 1.42%
2.90% -2.08% -10.00% -8.69% -6.52% 1.40%
-3.42% 4.46% 8.89% 22.47% 2.33% 14.52%
-1.60% -2.55% -0.68% 22.75% -4.55% 0.72%
-5.13% -10.54% -23.29% -0.22% -21.43% -10.55%
4.22% 1.23% 0.00% 30.75% 15.15% 25.09%
6.83% 15.88% -5.17% -1.88% 7.89% 11.84%
17.76% 26.26% 1.89% 13.17% -4.88% 24.40%
-0.18% -7.94% -0.93% -6.53% -5.13% -2.87%
9.64% 17.67% -0.93% 6.14% 2.70% 3.52%
-5.29% -9.04% -14.15% -4.24% -7.89% -3.50%
25.19% 1.01% 12.09% -8.74% -2.86% 3.53%
4.14% -5.09% 19.61% 10.68% 9.23% -1.29%
0.92% -0.18% -10.66% -2.85% -2.70% 0.37%
8.87% -1.14% -4.59% 1.76% 8.33% 0.74%
2.95% -5.06% 7.69% -2.23% -2.56% -1.20%
3.58% 12.68% -18.75% -3.23% -10.53% 0.65%
7.54% 14.50% 6.59% 5.68% 8.82% 18.06%
5.73% 4.59% -0.84% -0.55% 0.00% 7.14%
-1.74% 0.07% -2.08% -1.10% 0.00% -5.15%
-10.99% -3.42% 4.89% -3.38% 0.81% -2.14%
1.39% 2.31% -1.62% 0.46% 1.88% 0.39%
-1.37% -7.25% -4.85% -5.19% -7.11% -1.46%
8.05% 2.44% 8.02% -1.21% 17.56% 0.28%
4.16% -3.86% 0.90% -5.58% 1.80% -0.52%
0.32% -1.75% 9.05% 22.88% 13.54% 1.42%
-0.52% 0.75% -0.09% -1.77% 11.30% 0.74%
-6.41% -4.99% 3.92% 3.05% -7.71% -1.83%
-3.62% 0.55% -8.17% 4.67% -5.70% 1.48%
-3.32% 7.09% -9.44% 13.31% 3.89% -0.53%
3.92% -2.57% 4.76% -0.10% 5.61% 5.32%
3.12% 1.49% -0.20% 0.39% -2.36% -1.86%
-4.70% -4.06% 3.24% 7.93% -1.61% -12.68%
-0.73% -1.92% 6.76% 3.49% -1.84% 2.16%
-5.74% -0.07% -2.30% -1.61% 1.46% 2.86%
11.60% 5.13% 8.83% -9.10% 1.33% 5.02%
1.02% 0.41% -7.08% -2.25% -0.81% 2.82%
-1.25% -0.45% -6.51% -6.66% -3.08% 9.43%
-8.89% -3.97% 0.10% -4.36% 1.27% 2.51%
6.01% 0.09% 6.75% -2.78% 0.00% -2.16%
-4.00% 3.42% -1.86% -9.17% -6.90% 2.27%
-10.11% -1.52% -4.64% 2.32% -8.09% -4.20%
-5.44% 0.70% -0.35% 3.14% 1.22% 7.25%
-7.98% -3.39% -2.30% 4.37% -0.48% -3.79%
-2.32% -1.35% -0.51% -2.45% -4.13% -15.13%
1.64% -3.17% 5.76% -7.23% -3.29% 0.72%
6.59% -3.53% 13.42% 2.82% -4.19% 3.91%
-0.08% 9.36% -8.06% 0.00% 0.14% 18.61%
-0.78% -2.09% 2.43% 0.31% 0.82% -0.04%
11.19% 5.86% 1.91% -8.25% 2.72% -0.18%
-3.49% 6.48% -1.88% 2.00% -3.70% 2.40%
0.04% -11.73% -4.10% 0.00% -8.52% 1.85%
0.05% 4.05% -12.16% -19.55% -4.50% -1.00%
3.40% 3.40% 5.84% 2.00% 6.92% -0.46%
4.65% 3.24% 2.15% 9.66% -2.35% 2.31%
-5.84% -1.25% -5.72% -7.03% -2.71% -2.33%
-6.83% 11.59% 2.45% 12.02% 0.62% -7.72%
-1.40% -2.17% -5.40% -10.80% -11.08% 6.20%
1.93% 1.07% -0.87% 0.68% -0.77% 1.87%

17 18 19 20

6.90% 11.07% -2.09% -2.07%
-9.68% -9.41% -14.71% -5.19%
2.68% 4.14% 13.48% 1.22%
-1.74% 5.03% -9.12% -1.60%
3.54% 12.10% 2.02% 2.65%
0.00% -1.81% 6.87% -9.87%
-6.41% 25.90% -9.50% 2.89%
0.00% 3.24% 0.00% 9.29%
6.39% 6.78% 1.85% 12.65%
3.86% 5.00% 0.24% 11.40%
17.73% -1.36% -3.94% -5.04%
-1.58% 4.06% -10.09% 6.14%
-2.41% -0.44% -12.63% -5.63%
4.53% -1.55% 6.83% -6.29%
0.00% -0.81% -4.89% -0.71%
1.97% -1.14% 1.58% -2.14%
1.93% -5.14% 0.23% -1.64%
-4.92% -5.34% -11.67% -6.79%
0.80% 0.00% 8.37% 4.79%
2.77% 0.09% 3.66% 2.29%
2.31% 2.99% 0.00% -2.79%
0.38% -1.58% 8.24% 5.36%
-10.69% -0.45% -4.38% -2.75%
2.40% -0.03% 2.24% 1.38%
-0.30% -0.75% 1.26% 0.46%
10.82% 0.09% 3.73% 0.86%
1.71% -2.40% 0.25% 0.51%
4.34% -0.17% 6.16% -0.31%
3.19% -0.85% 2.74% 0.29%
3.62% -1.31% 7.48% -5.78%
2.09% 1.23% 1.66% -7.27%
-0.60% 0.38% -2.64% -6.72%
2.87% -0.11% 4.78% 0.38%
-2.52% 7.08% 10.19% 1.25%
-5.89% -4.94% 2.93% -5.76%
6.95% -0.18% 6.60% 0.05%
-2.81% 0.17% 5.54% -4.90%
17.39% 0.33% 7.55% 0.29%
0.00% 1.62% -0.13% 3.94%
8.02% 0.84% 6.71% -3.81%
-3.90% -0.91% -4.51% -4.45%
-1.05% 1.14% -3.49% -3.61%
-1.00% -3.61% 1.65% -0.13%
-8.05% -0.39% -11.67% -8.32%
3.86% 0.30% -6.24% 5.13%
-8.70% -2.37% 0.33% -2.55%
-3.12% 0.10% -0.92% -1.76%
-1.69% -1.48% -4.19% 0.29%
-2.02% -0.37% 2.54% -0.26%
13.04% 3.71% -4.50% -2.14%
-3.53% -1.33% 1.27% -0.95%
3.58% 0.45% 8.41% 4.54%
3.99% 0.04% -0.47% 0.74%
-2.52% 2.54% 3.99% -2.41%
-2.62% -16.53% -12.34% -28.20%
-1.96% 3.72% -1.00% -2.72%
3.73% 3.46% 2.70% 1.13%
-5.07% -5.99% -8.86% -19.98%
-6.17% 1.33% -5.85% 7.59%
-6.27% -4.40% 12.95% -5.08%
0.67% 0.53% 0.12% -1.37%

Risk Free Rate
Issue Date Tenor and Name Cutoff Yield
18/07/2018 10yr T.Bond 9.00%
Monthly Risk Free Rate

0.75%
Company Name Mean Return Risk Free Rate Excess Return
ISLAMIBANK 0.42% 0.75% -0.33%
EBL 18.07% 0.75% 17.32%
BRACBANK 3.15% 0.75% 2.40%
DAFODILCOM 2.96% 0.75% 2.21%
BDLAMPS 1.38% 0.75% 0.63%
IPDC 11.50% 0.75% 10.75%
ICB 0.01% 0.75% -0.74%
LANKABAFIN 0.89% 0.75% 0.14%

AMCL 0.08% 0.75% -0.67%
GEMINISEA 6.38% 0.75% 5.63%
OLYMPIC 1.93% 0.75% 1.18%
LINDEBD 1.07% 0.75% 0.32%
DELTALIFE -0.87% 0.75% -1.62%
ACI 0.68% 0.75% -0.07%
ORIONPHARM -0.77% 0.75% -1.52%
RENATA 1.87% 0.75% 1.12%
SQURPHARMA 0.67% 0.75% -0.08%
BATASHOE 0.53% 0.75% -0.22%
GP 0.12% 0.75% -0.63%
HEIDELBCEM -1.37% 0.75% -2.12%
ISLAMIBANK EBL BRACBANK
ISLAMIBANK 0.0076488964 -0.00606628749 0.000659566127
EBL -0.006066287 0.007410752801 0.000195370374
BRACBANK 0.0006595661 0.000195370374 0.009602971485
DAFODILCOM 0.0024460731 -0.00804688338 0.001524173421
BDLAMPS 0.0049917148 0.013166210289 0.000580924131
IPDC -0.000429725 -0.06034511526 0.002452979773
ICB 0.008080957 -0.00158999603 0.00306351589
LANKABAFIN 0.005942672 -0.00594656268 0.001084829744
AMCL 0.0030547485 -0.001313506 0.00053425148
GEMINISEA 0.000855649 -0.00383731415 -3.53525605E-05
OLYMPIC 0.0017529453 0.004766414724 0.000777141296
LINDEBD 0.0017328836 0.004046927966 0.001048889904
DELTALIFE 0.002741232 0.005742384043 0.000357240198
ACI 0.0024103398 0.015462458668 -0.001092750472
ORIONPHARM 0.0027667823 -0.00154727452 0.000325348355
RENATA 0.002665999 0.00044285469 0.000864685713
SQURPHARMA 0.0024243915 0.005525508462 0.000928039574
BATASHOE 0.0001656791 0.00524763916 -6.63770564E-05
GP 0.0012384397 0.004870075134 0.001211644628
HEIDELBCEM 0.0021270545 0.004194182813 0.000309052031
Equal Weight Case

Company Name Mean Return Weight
ISLAMIBANK 0.42% 0.05
EBL 18.07% 0.05
BRACBANK 3.15% 0.05
DAFODILCOM 2.96% 0.05
BDLAMPS 1.38% 0.05
IPDC 11.50% 0.05
ICB 0.01% 0.05
LANKABAFIN 0.89% 0.05
AMCL 0.08% 0.05
GEMINISEA 6.38% 0.05
OLYMPIC 1.93% 0.05
LINDEBD 1.07% 0.05
DELTALIFE -0.87% 0.05
ACI 0.68% 0.05
ORIONPHARM -0.77% 0.05
RENATA 1.87% 0.05
SQURPHARMA 0.67% 0.05
BATASHOE 0.53% 0.05
GP 0.12% 0.05
HEIDELBCEM -1.37% 0.05
Total Weight 1
Monthly risk free rate 0.75%

Portfolio Return 2.44%
Portfolio Variance 0.15%
Portfolio standard deviation 3.83%
Sharpe Ratio or Slope 43.97%
Risk Aversion & Asset Allocation

E (Rp) 0.0429
Rf 0.0075
A 5
s^2P 0.0533
Weight in Risky Asset (y*) 0.1331
Weight in Riskfree Asset 0.8669
Short Sale Allowed and Riskless l
0.002446073068 0.004991714802 -0.000429725383483 0.008080957016298 0.00594267202971
-0.008046883376 0.013166210289 -0.060345115259458 -0.00158999602748 -0.0059465626835
0.001524173421 0.000580924131 0.002452979772997 0.003063515890329 0.00108482974365
0.005437558418 0.001244738523 -0.008732718173806 0.001865461757064 -0.0001026949728
0.001244738523 0.00269733522 -0.017736900760187 0.004013597958301 0.00333265846613
-0.008732718174 -0.01773690076 0.006471999691349 -0.00115944035169 0.01595013069803
0.001865461757 0.004013597958 -0.001159440351691 0.032558712538983 0.00752499295443
-0.000102694973 0.003332658466 0.015950130698026 0.007524992954428 0.00799828873966
0.001660595791 0.00314594488 -2.53939418381783E-05 0.002368230998944 0.00271375083633
-6.94319138E-05 -0.00135343104 0.023318494192933 2.56898663688E-05 0.00633960772493
-0.002722227102 0.001441756307 0.000931839642715 9.2457447086E-07 0.00175592452401
0.000436847237 0.00325184151 -0.005061343767533 0.001060691218807 0.00118308685347
-0.000546396476 0.003139513258 0.009004249852679 0.002550172180639 0.0039314346462
-0.000848382547 0.003680283293 -0.002471058913896 0.003399600359593 0.00398251599692
0.001218935189 0.00231179463 0.000215370092725 0.003698761950806 0.00568815435358
0.00133519804 0.003001621493 -0.002219478609526 0.002501187938807 0.00075167634146
0.00131263601 0.001507509579 -0.0037414468912 0.001976509426931 0.00137062020915
0.000112817791 0.001709344163 -0.004894638313895 0.000175915456662 -0.0011591497268
0.000821062085 0.000754292128 -0.007957806975113 0.001482892233826 0.00205874823215
0.000430795859 0.004183155231 -0.003305499463356 0.001628324938997 0.00234341105736
Base Case Solver

ISLAMIBANK 0.42% 0
EBL 18.07% 0.02154080428351
BRACBANK 3.15% 0.43912320285992
DAFODILCOM 2.96% 0.27644098805521
BDLAMPS 1.38% 0
IPDC 11.50% 0.05906908117918
ICB 0.01% 0
LANKABAFIN 0.89% 0
AMCL 0.08% 0
GEMINISEA 6.38% 0.1485927895925
OLYMPIC 1.93% 0.03573764817231
LINDEBD 1.07% 0
DELTALIFE -0.87% 0
ACI 0.68% 0
ORIONPHARM -0.77% 0
RENATA 1.87% 0
SQURPHARMA 0.67% 0
BATASHOE 0.53% 0.01949548585737
GP 0.12% 0
HEIDELBCEM -1.37% 0
Total Weight 1

wed and Riskless lending and Borrwing Allowed
0.00305474853 0.000855649 0.001752945254866 0.00173288356 0.0027412319503 0.0024103398
-0.001313506 -0.0038373141 0.004766414723729 0.00404692797 0.0057423840433 0.0154624587
0.00053425148 -3.535256E-05 0.000777141295939 0.0010488899 0.0003572401983 -0.00109275
0.00166059579 -6.943191E-05 -0.00272222710159 0.00043684724 -0.0005463964759 -0.000848383
0.00314594488 -0.001353431 0.00144175630729 0.00325184151 0.0031395132583 0.0036802833
-2.5393942E-05 0.0233184942 0.000931839642715 -0.0050613438 0.0090042498527 -0.002471059
0.002368231 2.5689866E-05 9.2457447086E-07 0.00106069122 0.0025501721806 0.0033996004
0.00271375084 0.0063396077 0.001755924524006 0.00118308685 0.0039314346462 0.003982516
0.01392891856 -0.0003767098 -0.00067384040366 0.00063207339 0.0018909365424 0.0011814864
-0.0003767098 0.0091092298 0.001735907756023 -0.0003245667 -0.0033333764528 -0.003139891
-0.0006738404 0.0017359078 0.003637454210499 0.00177310983 0.0001535947046 -0.001709887
0.00063207339 -0.0003245667 0.001773109828811 0.00181022817 7.0271327732E-05 0.0010855871
0.00189093654 -0.0033333765 0.000153594704638 7.0271328E-05 0.0044477176486 0.002274657
0.00118148643 -0.0031398915 -0.00170988655346 0.00108558714 0.0022746570108 0.0155673687
0.00178439817 -0.0012768274 -2.07877289584E-05 0.00119677466 0.0029512890122 0.0025466654
0.00106769347 0.0011396158 0.001289755826266 0.00258479057 0.0008524466203 0.0020723376
0.00131499866 0.0025702969 0.000767512897464 0.00095036661 0.0009682961447 0.0001334599
-0.0001633218 0.0007766548 -0.00056052847009 0.00040688316 -0.0003987204587 0.0015593879
0.00068145334 -9.581835E-05 -0.00013662403028 0.00035131955 0.0015236533352 0.0009824807
0.00088219189 0.0021686263 0.000862513557771 0.00170955522 0.0007848139126 0.0020386632
1. Portfolio Return 2%
ISLAMIBANK 0.42% 0.0306869355972
EBL 18.07% 0.0056525933163
BRACBANK 3.15% 0.0755768167857
DAFODILCOM 2.96% 0.2060966330732
BDLAMPS 1.38% 0.0783380551832
IPDC 11.50% 0.0158752913925
ICB 0.01% 0
LANKABAFIN 0.89% 0
AMCL 0.08% 0
GEMINISEA 6.38% 0.0466786302885
OLYMPIC 1.93% 0.0442219842403
LINDEBD 1.07% 0.1474014826627
DELTALIFE -0.87% 0
ACI 0.68% 0
ORIONPHARM -0.77% 0
RENATA 1.87% 3.1822822404E-05
SQURPHARMA 0.67% 0.144571798783
BATASHOE 0.53% 0.2048679558551
GP 0.12% 0
HEIDELBCEM -1.37% 0
Total Weight 1
return 2%
Monthly risk free rate 0.0075
Portfolio Retrun 2.00%
Portfolio standard dev 3.29%
0.002766782320645 0.002665999 0.00242439148 0.00016567907835 0.001238439701333
-0.001547274516387 0.0004428547 0.00552550846 0.00524763916038 0.004870075134225
0.000325348355155 0.0008646857 0.00092803957 -6.637705644E-05 0.001211644627982
0.001218935189403 0.001335198 0.00131263601 0.00011281779144 0.000821062084547
0.002311794630369 0.0030016215 0.00150750958 0.00170934416256 0.000754292127556
0.000215370092725 -0.0022194786 -0.0037414469 -0.0048946383139 -0.007957806975113
0.003698761950806 0.0025011879 0.00197650943 0.00017591545666 0.001482892233826
0.005688154353579 0.0007516763 0.00137062021 -0.0011591497268 0.002058748232146
0.001784398174433 0.0010676935 0.00131499866 -0.000163321831 0.000681453337128
-0.001276827433958 0.0011396158 0.00257029688 0.00077665479545 -9.581835457195E-05
-2.078772895841E-05 0.0012897558 0.0007675129 -0.0005605284701 -0.000136624030284
0.001196774664286 0.0025847906 0.00095036661 0.00040688316362 0.000351319550043
0.002951289012214 0.0008524466 0.00096829614 -0.0003987204587 0.001523653335189
0.002546665406314 0.0020723376 0.00013345986 0.00155938790211 0.000982480695622
0.066298010262731 0.0016875996 0.00126348775 -0.0002687848077 0.000904216282316
0.001687599619081 0.0196094619 0.00174815034 0.00073917869146 0.000885931389487
0.001263487749724 0.0017481503 0.00515555878 0.00045099539339 0.001302010147068
-0.000268784807676 0.0007391787 0.00045099539 0.001877152547 0.000265238069557
0.000904216282316 0.0008859314 0.00130201015 0.00026523806956 0.00419086216781
0.001142484151872 0.0015985781 0.0007796129 0.00181026205036 0.001160847514417
2. Portfolio Return 2.5% 3. Portfolio Return 3%

Company Name Mean Return Weight Company Name
ISLAMIBANK 0.42% 0.01542080928 ISLAMIBANK
EBL 18.07% 0.00872003168 EBL
BRACBANK 3.15% 0.19053221365 BRACBANK
DAFODILCOM 2.96% 0.21884198703 DAFODILCOM
BDLAMPS 1.38% 0.07587181307 BDLAMPS
IPDC 11.50% 0.0242248672 IPDC
ICB 0.01% 0 ICB
LANKABAFIN 0.89% 0 LANKABAFIN
AMCL 0.08% 0 AMCL
GEMINISEA 6.38% 0.06667576854 GEMINISEA
OLYMPIC 1.93% 0 OLYMPIC
LINDEBD 1.07% 0 LINDEBD
DELTALIFE -0.87% 0 DELTALIFE
ACI 0.68% 0 ACI
ORIONPHARM -0.77% 0 ORIONPHARM
RENATA 1.87% 0.05134075894 RENATA
SQURPHARMA 0.67% 0 SQURPHARMA
BATASHOE 0.53% 0.34837175062 BATASHOE
GP 0.12% 0 GP
HEIDELBCEM -1.37% 0 HEIDELBCEM
Total Weight 1 Total Weight
Monthly risk free rate 0.75% Monthly risk free rate

Portfolio Retrun 2.50% Portfolio Retrun
Portfolio Variance 0.12% Portfolio Variance
Portfolio standard devia 3.52% Portfolio standard devia
Sharpe Ratio or Slope 49.73% Sharpe Ratio or Slope
HEIDELBCEM
0.00212705453032
0.00419418281278
0.00030905203123
0.0004307958587
0.0041831552314
-0.0033054994634
0.001628324939
0.00234341105736
0.00088219188664
0.00216862627891
0.00086251355777
0.00170955521539
0.00078481391259
0.00203866316697
0.00114248415187
0.00159857806647
0.0007796129034
0.00181026205036
0.00116084751442
0.00392202070021
3. Portfolio Return 3% 4. Portfolio Return 3.5%

Mean Return Weight Company Name Mean Return Weight
0.42% 0 ISLAMIBANK 0.42% 0
18.07% 0.0120418 EBL 18.07% 0.0156175
3.15% 0.270898 BRACBANK 3.15% 0.3386112
2.96% 0.2446947 DAFODILCOM 2.96% 0.2586684
1.38% 0.0642201 BDLAMPS 1.38% 0.0413536
11.50% 0.033327 IPDC 11.50% 0.0430957
0.01% 0 ICB 0.01% 0
0.89% 0 LANKABAFIN 0.89% 0
0.08% 0 AMCL 0.08% 0
6.38% 0.0900761 GEMINISEA 6.38% 0.1124582
1.93% 0 OLYMPIC 1.93% 0.0118913
1.07% 0 LINDEBD 1.07% 0
-0.87% 0 DELTALIFE -0.87% 0
0.68% 0 ACI 0.68% 0
-0.77% 0 ORIONPHARM -0.77% 0
1.87% 0.0067678 RENATA 1.87% 0
0.67% 0 SQURPHARMA 0.67% 0
0.53% 0.2779745 BATASHOE 0.53% 0.1783041
0.12% 0 GP 0.12% 0
-1.37% 0 HEIDELBCEM -1.37% 0
1 Total Weight 1
0.75% Monthly risk free rat 0.75%

3.00% Portfolio Retrun 3.50%
0.15% Portfolio Variance 0.19%
3.82% Portfolio standard de 4.31%
58.95% Sharpe Ratio or Slop 63.82%
Company Name Mean Return Weight Company Name Mean Return
ISLAMIBANK 0.42% 0 ISLAMIBANK 0.42%
EBL 18.07% 0.0191947 EBL 18.07%
BRACBANK 3.15% 0.404452 BRACBANK 3.15%
DAFODILCOM 2.96% 0.2690863 DAFODILCOM 2.96%
BDLAMPS 1.38% 0.0150084 BDLAMPS 1.38%
IPDC 11.50% 0.0528728 IPDC 11.50%
ICB 0.01% 0 ICB 0.01%
LANKABAFIN 0.89% 0 LANKABAFIN 0.89%
AMCL 0.08% 0 AMCL 0.08%
GEMINISEA 6.38% 0.1341039 GEMINISEA 6.38%
OLYMPIC 1.93% 0.0321329 OLYMPIC 1.93%
LINDEBD 1.07% 0 LINDEBD 1.07%
DELTALIFE -0.87% 0 DELTALIFE -0.87%
ACI 0.68% 0 ACI 0.68%
ORIONPHARM -0.77% 0 ORIONPHARM -0.77%
RENATA 1.87% 0 RENATA 1.87%
SQURPHARMA 0.67% 0 SQURPHARMA 0.67%
BATASHOE 0.53% 0.073149 BATASHOE 0.53%
GP 0.12% 0 GP 0.12%
HEIDELBCEM -1.37% 0 HEIDELBCEM -1.37%
Monthly risk free rate 0.75% Monthly risk free rate 0.75%
Portfolio Retrun 4.00% Portfolio Retrun 4.50%
Portfolio Variance 0.24% Portfolio Variance 0.31%
Portfolio standard deviat 4.93% Portfolio standard devia 5.55%
Sharpe Ratio or Slope 65.87% Sharpe Ratio or Slope 67.52%
turn 4.5% 7. Portfolio Return 5%
Weight Company Name Mean Return Weight
0 ISLAMIBANK 0.42% 0
0.0236897 EBL 18.07% 0.0324768
0.4558013 BRACBANK 3.15% 0.4055787
0.2827009 DAFODILCOM 2.96% 0.2571759
0 BDLAMPS 1.38% 0
0.0645229 IPDC 11.50% 0.0845672
0 ICB 0.01% 0
0 LANKABAFIN 0.89% 0
0 AMCL 0.08% 0
0.1631269 GEMINISEA 6.38% 0.2202015
0.0101583 OLYMPIC 1.93% 0
0 LINDEBD 1.07% 0
0 DELTALIFE -0.87% 0
0 ACI 0.68% 0
0 ORIONPHARM -0.77% 0
0 RENATA 1.87% 0
0 SQURPHARMA 0.67% 0
0 BATASHOE 0.53% 0
0 GP 0.12% 0
0 HEIDELBCEM -1.37% 0
1 Total Weight 1

Portfolio standard deviatio 5.37%
Company Name Mean Return Weight Company Name
ISLAMIBANK 0.42% 0 0 ISLAMIBANK
EBL 18.07% 0.0415049 0 EBL
BRACBANK 3.15% 0.3477506 0 BRACBANK
DAFODILCOM 2.96% 0.2271379 0 DAFODILCOM
BDLAMPS 1.38% 0 0 BDLAMPS
IPDC 11.50% 0.1050458 0 IPDC
ICB 0.01% 0 0 ICB
LANKABAFIN 0.89% 0 0 LANKABAFIN
AMCL 0.08% 0 0 AMCL
GEMINISEA 6.38% 0.2785609 0 GEMINISEA
OLYMPIC 1.93% 0 0 OLYMPIC
LINDEBD 1.07% 0 0 LINDEBD
DELTALIFE -0.87% 0 0 DELTALIFE
ACI 0.68% 0 0 ACI
ORIONPHARM -0.77% 0 0 ORIONPHARM
RENATA 1.87% 0 0 RENATA
SQURPHARMA 0.67% 0 0 SQURPHARMA
BATASHOE 0.53% 0 0 BATASHOE
GP 0.12% 0 0 GP
HEIDELBCEM -1.37% 0 0 HEIDELBCEM
Monthly risk free rate 0.75% Monthly risk free rate

Portfolio Retrun 5.50% Portfolio Retrun
Portfolio Variance 0.28% Portfolio Variance
Portfolio standard deviation 5.31% Portfolio standard deviation
Sharpe Ratio or Slope 89.38% Sharpe Ratio or Slope
Mean Return Weight Company Name Mean Return Weight
0.42% 0 ISLAMIBANK 0.42% 0
18.07% 0.0505314 EBL 18.07% 0.0595594
3.15% 0.2899312 BRACBANK 3.15% 0.2321029
2.96% 0.1971045 DAFODILCOM 2.96% 0.1670663
1.38% 0 BDLAMPS 1.38% 0
11.50% 0.1255212 IPDC 11.50% 0.1459998
0.01% 0 ICB 0.01% 0
0.89% 0 LANKABAFIN 0.89% 0
0.08% 0 AMCL 0.08% 0
6.38% 0.3369117 GEMINISEA 6.38% 0.3952715
1.93% 0 OLYMPIC 1.93% 0
1.07% 0 LINDEBD 1.07% 0
-0.87% 0 DELTALIFE -0.87% 0
0.68% 0 ACI 0.68% 0
-0.77% 0 ORIONPHARM -0.77% 0
1.87% 0 RENATA 1.87% 0
0.67% 0 SQURPHARMA 0.67% 0
0.53% 0 BATASHOE 0.53% 0
0.12% 0 GP 0.12% 0
-1.37% 0 HEIDELBCEM -1.37% 0
1 Total Weight 1
0.75% Monthly risk free rate 0.75%

6.00% Portfolio Retrun 6.50%
0.30% Portfolio Variance 0.34%
5.48% Portfolio standard deviati 5.84%
95.86% Sharpe Ratio or Slope 98.53%
Efficient Frontier Determination whe
Portfolio Return PR =2%
Company Name Mean Return Weight Weight
ISLAMIBANK 0.42% 0.00% 3.07%
EBL 18.07% 2.15% 0.57%
BRACBANK 3.15% 43.91% 7.56%
DAFODILCOM 2.96% 27.64% 20.61%
BDLAMPS 1.38% 0.00% 7.83%
IPDC 11.50% 5.91% 1.59%
ICB 0.01% 0.00% 0.00%
LANKABAFIN 0.89% 0.00% 0.00%
AMCL 0.08% 0.00% 0.00%
GEMINISEA 6.38% 14.86% 4.67%
OLYMPIC 1.93% 3.57% 4.42%
LINDEBD 1.07% 0.00% 14.74%
DELTALIFE -0.87% 0.00% 0.00%
ACI 0.68% 0.00% 0.00%
ORIONPHARM -0.77% 0.00% 0.00%
RENATA 1.87% 0.00% 0.00%
SQURPHARMA 0.67% 0.00% 14.46%
BATASHOE 0.53% 1.95% 20.49%
GP 0.12% 0.00% 0.00%
HEIDELBCEM -1.37% 0.00% 0.00%
Monthly risk free rate 0.75% 0.75%

Portfolio Retrun 4.29% 2.00%
Portfolio Variance 0.28% 0.11%
Portfolio standard deviation 5.33% 3.29%
Sharpe Ratio or Slope 66.54% 38.03%
r Determination when Short Sale Allowed and Risk-free Lending and Bo
PR= 2.5% PR= 3% PR= 3.5% PR= 4% PR= 4.5%
Weight Weight Weight Weight Weight
1.54% 0.00% 0.00% 0.00% 0.00%
0.87% 1.20% 1.56% 1.92% 2.37%
19.05% 27.09% 33.86% 40.45% 45.58%
21.88% 24.47% 25.87% 26.91% 28.27%
7.59% 6.42% 4.14% 1.50% 0.00%
2.42% 3.33% 4.31% 5.29% 6.45%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
6.67% 9.01% 11.25% 13.41% 16.31%
0.00% 0.00% 1.19% 3.21% 1.02%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
5.13% 0.68% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
34.84% 27.80% 17.83% 7.31% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.75% 0.75% 0.75% 0.75% 0.75%

2.50% 3.00% 3.50% 4.00% 4.50%
0.12% 0.15% 0.19% 0.24% 0.31%
3.52% 3.82% 4.31% 4.93% 5.55%
49.73% 58.95% 63.82% 65.87% 67.52%
ending and Borrowing Allowed
PR= 5% PR= 5.5% PR= 6% PR= 6.5%
Weight Weight Weight Weight
0.00% 0.00% 0.00% 0.00%
3.25% 4.15% 5.05% 5.96%
40.56% 34.78% 28.99% 23.21%
25.72% 22.71% 19.71% 16.71%
0.00% 0.00% 0.00% 0.00%
8.46% 10.50% 12.55% 14.60%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
22.02% 27.86% 33.69% 39.53%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.75% 0.75% 0.75% 0.75%

5.00% 5.50% 6.00% 6.50%
0.29% 0.28% 0.30% 0.34%
5.37% 5.31% 5.48% 5.84%
79.19% 89.38% 95.86% 98.53%
Short Sale and Risk free Lending an
X Axis Y Axis
7.00%
Risk Return
6.00%
3.29% 2.00%
3.52% 2.50% 5.00%
3.82% 3.00%
Expected Return
4.31% 3.50% 4.00%
4.93% 4.00%
3.00%
5.55% 4.50%
5.37% 5.00% 2.00%
5.31% 5.50%
5.48% 6.00% 1.00%
5.84% 6.50%
0.00%
-1.00% 0.00% 1.00% 2.00% 3.00% 4.00%
Tangency Portfolio 0.00% 0.75%
5.33% 4.29% Risk
isk free Lending and Borrowing Allowed
00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00%
Risk
ISLAMIBANK EBL
ISLAMIBANK 0.0076488964 -0.006066287488187
EBL -0.006066287 0.007410752800939
BRACBANK 0.0006595661 0.000195370374201
DAFODILCOM 0.0024460731 -0.008046883375959
BDLAMPS 0.0049917148 0.013166210289219
IPDC -0.000429725 -0.060345115259458
ICB 0.008080957 -0.00158999602748
LANKABAFIN 0.005942672 -0.005946562683504
AMCL 0.0030547485 -0.001313505999628
GEMINISEA 0.000855649 -0.003837314147328
OLYMPIC 0.0017529453 0.004766414723729
LINDEBD 0.0017328836 0.004046927966374
DELTALIFE 0.002741232 0.005742384043342
ACI 0.0024103398 0.015462458668017
ORIONPHARM 0.0027667823 -0.001547274516387
RENATA 0.002665999 0.000442854690224
SQURPHARMA 0.0024243915 0.005525508461731
BATASHOE 0.0001656791 0.005247639160381
GP 0.0012384397 0.004870075134225
HEIDELBCEM 0.0021270545 0.004194182812776
Equal Weight Case

EBL 18.07% 0.05
BRACBANK 3.15% 0.05
BDLAMPS 1.38% 0.05
IPDC 11.50% 0.05
ICB 0.01% 0.05
AMCL 0.08% 0.05
OLYMPIC 1.93% 0.05
LINDEBD 1.07% 0.05
ACI 0.68% 0.05
RENATA 1.87% 0.05
BATASHOE 0.53% 0.05
GP 0.12% 0.05
Total Weight 1

Portfolio Return 0.0244
Portfolio Variance 0.0015
Portfolio standard deviation 0.0383
Sharpe Ratio or Slope 0.4831

E (Rp) 0.0976
Rf 0.0075
A 5
s^2P Err:502
Weight in Risky Asset (y*) Err:502
Weight in Riskfree Asset Err:502
Short Sale Allowed and Ris
BRACBANK DAFODILCOM BDLAMPS IPDC ICB
0.00065956612651 0.002446073067865 0.004991715 -0.000429725383483 0.008080957016298
0.000195370374201 -0.00804688337596 0.01316621 -0.060345115259458 -0.00158999602748
0.009602971484828 0.00152417342148 0.000580924 0.002452979772997 0.003063515890329
0.00152417342148 0.005437558417851 0.001244739 -0.008732718173806 0.001865461757064
0.000580924130736 0.001244738523194 0.002697335 -0.017736900760187 0.004013597958301
0.002452979772997 -0.00873271817381 -0.0177369 0.006471999691349 -0.00115944035169
0.003063515890329 0.001865461757064 0.004013598 -0.001159440351691 0.032558712538983
0.001084829743653 -0.00010269497277 0.003332658 0.015950130698026 0.007524992954428
0.000534251480355 0.001660595791207 0.003145945 -2.53939418381783E-05 0.002368230998944
-3.53525604825E-05 -6.94319138338E-05 -0.00135343 0.023318494192933 2.56898663688E-05
0.000777141295939 -0.00272222710159 0.001441756 0.000931839642715 9.2457447086E-07
0.001048889903725 0.000436847237429 0.003251842 -0.005061343767533 0.001060691218807
0.000357240198269 -0.00054639647585 0.003139513 0.009004249852679 0.002550172180639
-0.001092750471727 -0.0008483825473 0.003680283 -0.002471058913896 0.003399600359593
0.000325348355155 0.001218935189403 0.002311795 0.000215370092725 0.003698761950806
0.000864685712753 0.001335198040244 0.003001621 -0.002219478609526 0.002501187938807
0.000928039573954 0.001312636010347 0.00150751 -0.0037414468912 0.001976509426931
-6.63770564372E-05 0.000112817791439 0.001709344 -0.004894638313895 0.000175915456662
0.001211644627982 0.000821062084547 0.000754292 -0.007957806975113 0.001482892233826
0.000309052031233 0.000430795858701 0.004183155 -0.003305499463356 0.001628324938997
Base Case Solver

Company Name Mean Return
ISLAMIBANK 0.42%
EBL 18.07%
BRACBANK 3.15%
DAFODILCOM 2.96%
BDLAMPS 1.38%
IPDC 11.50%
ICB 0.01%
LANKABAFIN 0.89%
AMCL 0.08%
GEMINISEA 6.38%
OLYMPIC 1.93%
LINDEBD 1.07%
DELTALIFE -0.87%
ACI 0.68%
ORIONPHARM -0.77%
RENATA 1.87%
SQURPHARMA 0.67%
BATASHOE 0.53%
GP 0.12%
HEIDELBCEM -1.37%
Total Weight

Portfolio Variance -0.0017
Portfolio standard deviation Err:502
Sharpe Ratio or Slope Err:502
llowed and Riskless lending and Borrwing Not Allowed
LANKABAFIN AMCL GEMINISEA OLYMPIC LINDEBD
0.005942672029712 0.003054748528809 0.000855649 0.001752945254866 0.0017328836
-0.005946562683504 -0.00131350599963 -0.00383731 0.004766414723729 0.004046928
0.001084829743653 0.000534251480355 -3.5353E-05 0.000777141295939 0.0010488899
-0.000102694972767 0.001660595791207 -6.9432E-05 -0.002722227101588 0.0004368472
0.003332658466135 0.003145944879551 -0.00135343 0.00144175630729 0.0032518415
0.015950130698026 -2.5393941838E-05 0.023318494 0.000931839642715 -0.0050613438
0.007524992954428 0.002368230998944 2.56899E-05 9.2457447085959E-07 0.0010606912
0.007998288739657 0.002713750836326 0.006339608 0.001755924524006 0.0011830869
0.002713750836326 0.013928918557954 -0.00037671 -0.000673840403661 0.0006320734
0.006339607724932 -0.00037670983993 0.00910923 0.001735907756023 -0.0003245667
0.001755924524006 -0.00067384040366 0.001735908 0.003637454210499 0.0017731098
0.001183086853466 0.000632073390636 -0.00032457 0.001773109828811 0.0018102282
0.003931434646197 0.001890936542432 -0.00333338 0.000153594704638 7.0271328E-05
0.003982515996919 0.001181486427364 -0.00313989 -0.001709886553461 0.0010855871
0.005688154353579 0.001784398174433 -0.00127683 -2.0787728958411E-05 0.0011967747
0.000751676341458 0.001067693472545 0.001139616 0.001289755826266 0.0025847906
0.00137062020915 0.001314998664848 0.002570297 0.000767512897464 0.0009503666
-0.001159149726839 -0.00016332183101 0.000776655 -0.000560528470088 0.0004068832
0.002058748232146 0.000681453337128 -9.5818E-05 -0.000136624030284 0.0003513196
0.002343411057356 0.000882191886637 0.002168626 0.000862513557771 0.0017095552
e Solver rf= 5% and PR= 3%

Weight Company Name Mean Return
0 ISLAMIBANK 0.00419927215
0.453316957184428 EBL 0.18074924537
0.032314443008474 BRACBANK 0.03145943688
0.049021200756145 DAFODILCOM 0.02957791481
0.027666656355163 BDLAMPS 0.01383573878
0.083222188798381 IPDC 0.11498801096
0.00944693687382 ICB 9.0855372E-05
0.010798941893374 LANKABAFIN 0.00894236715
0.028428685147218 AMCL 0.00082648258
0.02492675139582 GEMINISEA 0.06376162005
0.037520766222348 OLYMPIC 0.01934977287
0.035932812689879 LINDEBD 0.01071328016
0.024459674775152 DELTALIFE -0.0086597193
0.019619242419301 ACI 0.00677365413
2.78165619878312E-18 ORIONPHARM -0.0077262973
0.022669427262015 RENATA 0.01866828479
0.031073268058608 SQURPHARMA 0.00669208892
0.041799126011888 BATASHOE 0.00530275459
0.037895353358447 GP 0.00119697374
0.029887567789538 HEIDELBCEM -0.0136879466
1 Total Weight

Portfolio Retrun 0.0300
Portfolio Variance -0.0003
Portfolio standard deviat Err:502
ed
DELTALIFE ACI ORIONPHARM RENATA SQURPHARMABATASHOE
0.00274123195026 0.00241034 0.002766782320645 0.002665999 0.002424391 0.000165679
0.00574238404334 0.015462459 -0.001547274516387 0.000442855 0.005525508 0.005247639
0.00035724019827 -0.00109275 0.000325348355155 0.000864686 0.00092804 -6.6377E-05
-0.0005463964759 -0.00084838 0.001218935189403 0.001335198 0.001312636 0.000112818
0.00313951325832 0.003680283 0.002311794630369 0.003001621 0.00150751 0.001709344
0.00900424985268 -0.00247106 0.000215370092725 -0.00221948 -0.00374145 -0.00489464
0.00255017218064 0.0033996 0.003698761950806 0.002501188 0.001976509 0.000175915
0.0039314346462 0.003982516 0.005688154353579 0.000751676 0.00137062 -0.00115915
0.00189093654243 0.001181486 0.001784398174433 0.001067693 0.001314999 -0.00016332
-0.0033333764528 -0.00313989 -0.001276827433958 0.001139616 0.002570297 0.000776655
0.00015359470464 -0.00170989 -2.07877289584109E-05 0.001289756 0.000767513 -0.00056053
7.0271327732E-05 0.001085587 0.001196774664286 0.002584791 0.000950367 0.000406883
0.00444771764859 0.002274657 0.002951289012214 0.000852447 0.000968296 -0.00039872
0.00227465701081 0.015567369 0.002546665406314 0.002072338 0.00013346 0.001559388
0.00295128901221 0.002546665 0.066298010262731 0.0016876 0.001263488 -0.00026878
0.0008524466203 0.002072338 0.001687599619081 0.019609462 0.00174815 0.000739179
0.00096829614471 0.00013346 0.001263487749724 0.00174815 0.005155559 0.000450995
-0.0003987204587 0.001559388 -0.000268784807676 0.000739179 0.000450995 0.001877153
0.00152365333519 0.000982481 0.000904216282316 0.000885931 0.00130201 0.000265238
0.00078481391259 0.002038663 0.001142484151872 0.001598578 0.000779613 0.001810262
nd PR= 3% rf= 6% and PR= 4%

0.02521618330991 ISLAMIBANK 0.004199272 -1E-06
0.06743011735312 EBL 0.180749245 0.09987154
0.0364068094506 BRACBANK 0.031459437 0.049486251
0.05373843370487 DAFODILCOM 0.029577915 0.063971163
0.0283824270949 BDLAMPS 0.013835739 0.040625538
0.0949652426363 IPDC 0.114988011 0.112494507
0.00906792847645 ICB 9.08554E-05 0.03571288
0.01221410797017 LANKABAFIN 0.008942367 0.038450239
0.03144835868194 AMCL 0.000826483 0.046895097
0.02928592813075 GEMINISEA 0.06376162 0.047807022
0.04034352385312 OLYMPIC 0.019349773 0.049684056
0.03891901364148 LINDEBD 0.01071328 0.049015431
0.02632307594683 DELTALIFE -0.00865972 0.040123425
0.02053483781193 ACI 0.006773654 0.033517496
-3.340697944E-18 ORIONPHARM -0.0077263 0.028654339
0.02546361431899 RENATA 0.018668285 0.043279916
0.03339551365731 SQURPHARMA 0.006692089 0.045144611
0.0453048198864 BATASHOE 0.005302755 0.051444645
0.04095408244895 GP 0.001196974 0.049378208
0.03224711078392 HEIDELBCEM -0.01368795 0.074444639
1 Total Weight 1

Portfolio standard deviati Err:502
GP HEIDELBCEM
0.001238439701333 0.002127055
0.004870075134225 0.004194183
0.001211644627982 0.000309052
0.000821062084547 0.000430796
0.000754292127556 0.004183155
-0.007957806975113 -0.0033055
0.001482892233826 0.001628325
0.002058748232146 0.002343411
0.000681453337128 0.000882192
-9.58183545719546E-05 0.002168626
-0.000136624030284 0.000862514
0.000351319550043 0.001709555
0.001523653335189 0.000784814
0.000982480695622 0.002038663
0.000904216282316 0.001142484
0.000885931389487 0.001598578
0.001302010147068 0.000779613
0.000265238069557 0.001810262
0.00419086216781 0.001160848
0.001160847514417 0.003922021
rf= 8% and PR= 6% rf= 9% and PR= 10%

Company Name Mean Return Weight Company Name Mean ReturWeight
ISLAMIBANK 0.004199272 0.0047628 ISLAMIBANK 0.0041993 -1E-06
EBL 0.180749245 0.2118252 EBL 0.1807492 0.4824382
BRACBANK 0.031459437 0.0458156 BRACBANK 0.0314594 0.0326154
DAFODILCOM 0.029577915 0.05567 DAFODILCOM 0.0295779 0.0321203
BDLAMPS 0.013835739 0.0345404 BDLAMPS 0.0138357 0.0279778
IPDC 0.114988011 0.1098617 IPDC 0.114988 0.0545961
ICB 9.08554E-05 0.0371585 ICB 9.086E-05 0.0243608
LANKABAFIN 0.008942367 0.0409358 LANKABAFIN 0.0089424 0.0266901
AMCL 0.000826483 0.0417553 AMCL 0.0008265 0.0245544
GEMINISEA 0.06376162 0.0504317 GEMINISEA 0.0637616 0.0411158
OLYMPIC 0.019349773 0.0423705 OLYMPIC 0.0193498 0.0294288
LINDEBD 0.01071328 0.0414996 LINDEBD 0.0107133 0.0271561
DELTALIFE -0.00865972 0.0343734 DELTALIFE -0.00866 0.0220581
ACI 0.006773654 0.0293478 ACI 0.0067737 0.0261194
ORIONPHARM -0.0077263 0.0333735 ORIONPHARM -0.007726 0.0223037
RENATA 0.018668285 0.04162 RENATA 0.0186683 0.0292494
SQURPHARMA 0.006692089 0.0386541 SQURPHARMA 0.0066921 0.0260979
BATASHOE 0.005302755 0.0412934 BATASHOE 0.0053028 0.0257323
GP 0.001196974 0.0401743 GP 0.001197 0.0246518
HEIDELBCEM -0.01368795 0.0245363 HEIDELBCEM -0.013688 0.0207349
Total Weight 1 Total Weight 1
Monthly risk free rate 0.0067 Monthly risk free rate 0.0075
Portfolio Retrun 0.0600 Portfolio Retrun 0.1000
Portfolio Variance -0.0011 Portfolio Variance -0.0001
Portfolio standard deviation Err:502 Portfolio standard devi Err:502
Sharpe Ratio or Slope Err:502 Sharpe Ratio or Slope Err:502
rf= 5% and PR= 1% Rf= 5%
Company Name Mean ReturWeight Company NMean ReturWeight
ISLAMIBANK 0.0041993 0.1677206 ISLAMIBA0.0041993 0.3086901
EBL 0.1807492 0 EBL 0.1807492 -0.269332
BRACBANK 0.0314594 0.0418502 BRACBAN0.0314594 -0.612928
DAFODILCOM 0.0295779 0.0424127 DAFODIL 0.0295779 0.0665734
BDLAMPS 0.0138357 0.0471191 BDLAMPS 0.0138357 0.0998208
IPDC 0.114988 0.0168783 IPDC 0.114988 -0.101378
ICB 9.086E-05 0.0512283 ICB 9.086E-05 0.2228244
LANKABAFIN 0.0089424 0.048582 LANKABA0.0089424 -0.044977
AMCL 0.0008265 0.0510083 AMCL 0.0008265 -0.030311
GEMINISEA 0.0637616 0.0321931 GEMINISE 0.0637616 0.4219028
OLYMPIC 0.0193498 0.0454706 OLYMPIC 0.0193498 0.1202857
LINDEBD 0.0107133 0.0480526 LINDEBD 0.0107133 0.3197724
DELTALIFE -0.00866 0.0538444 DELTALIF -0.00866 -0.002416
ACI 0.0067737 0.0492304 ACI 0.0067737 0.0915951
ORIONPHARM -0.007726 0.0535653 ORIONPH -0.007726 0.2566965
RENATA 0.0186683 0.0456743 RENATA 0.0186683 -0.091301
SQURPHARMA 0.0066921 0.0492547 SQURPHA 0.0066921 0.1303843
BATASHOE 0.0053028 0.0496701 BATASHO 0.0053028 0.2001751
GP 0.001197 0.0508976 GP 0.001197 0.0214993
HEIDELBCEM -0.013688 0.0553476 HEIDELB -0.013688 -0.107576
Monthly risk free rate 0.0042 Monthly risk 0.0042

Portfolio Retrun 0.0100 Portfolio Re -0.0423
Portfolio Variance 0.0023 Portfolio V 0.0100
Portfolio standard deviatio 0.0476 Portfolio st 0.1001
Sharpe Ratio or Slope 0.1225 Sharpe Rati -0.4647
Rf= 6% Rf= 8% Rf= 9%
Company NMean ReturWeight Company NMean ReturWeight Company N
ISLAMIBA0.0041993 0.3144383 ISLAMIBA0.0041993 0.3281258 ISLAMIBA
EBL 0.1807492 -0.281997 EBL 0.1807492 -0.312156 EBL
BRACBAN0.0314594 -0.631005 BRACBAN0.0314594 -0.673838 BRACBAN
DAFODIL 0.0295779 0.0693089 DAFODIL 0.0295779 0.0758136 DAFODIL
BDLAMPS 0.0138357 0.1038418 BDLAMPS 0.0138357 0.1133261 BDLAMPS
IPDC 0.114988 -0.109602 IPDC 0.114988 -0.129002 IPDC
ICB 9.086E-05 0.2334668 ICB 9.086E-05 0.2587919 ICB
LANKABA0.0089424 -0.032869 LANKABA0.0089424 -0.003902 LANKABA
AMCL 0.0008265 -0.030266 AMCL 0.0008265 -0.030167 AMCL
GEMINISE 0.0637616 0.4383658 GEMINISE0.0637616 0.4774555 GEMINISE
OLYMPIC 0.0193498 0.1204615 OLYMPIC 0.0193498 0.1209177 OLYMPIC
LINDEBD 0.0107133 0.3207302 LINDEBD 0.0107133 0.3230427 LINDEBD
DELTALIF -0.00866 0.0002446 DELTALIF -0.00866 0.0066065 DELTALIF
ACI 0.0067737 0.0957663 ACI 0.0067737 0.105687 ACI
ORIONPH -0.007726 0.2441182 ORIONPH -0.007726 0.2140779 ORIONPH
RENATA 0.0186683 -0.098753 RENATA 0.0186683 -0.116522 RENATA
SQURPHA 0.0066921 0.1343257 SQURPHA 0.0066921 0.1436028 SQURPHA
BATASHO 0.0053028 0.2104972 BATASHO 0.0053028 0.2350458 BATASHO
GP 0.001197 0.0232863 GP 0.001197 0.0275762 GP
HEIDELB -0.013688 -0.124359 HEIDELB -0.013688 -0.164483 HEIDELB
Total Weight 1 Total Weight 1 Total Weight
Monthly risk 0.0050 Monthly risk 0.0067 Monthly risk

Portfolio Re -0.0445 Portfolio Re -0.0497 Portfolio Re
Portfolio V 0.0098 Portfolio V 0.0093 Portfolio V
Portfolio st 0.0989 Portfolio st 0.0962 Portfolio st
Sharpe Rati -0.5009 Sharpe Rati -0.5860 Sharpe Rati
Rf= 9%
Mean ReturWeight
0.0041993 0.3363672
0.1807492 -0.330223
0.0314594 -0.699484
0.0295779 0.0797343
0.0138357 0.119035
0.114988 -0.140664
9.086E-05 0.2740012
0.0089424 0.0136827
0.0008265 -0.03008
0.0637616 0.5009979
0.0193498 0.1210928
0.0107133 0.3242738
-0.00866 0.0105203
0.0067737 0.1116401
-0.007726 0.195841
0.0186683 -0.127266
0.0066921 0.1492362
0.0053028 0.2498734
0.001197 0.0302418
-0.013688 -0.188822
Total Weight 1
0.0075
-0.0528
0.0090
0.0948
-0.6366
Efficient Frontier Determination when Short Sale Allowed and Risk-free Lending
and Borrowing NotAllowed
Risk Free Rate Rf= 5% Rf= 6% Rf= 8%

Company Name Mean Return Weight Weight Weight
ISLAMIBANK 1.40% 30.87% 31.44% 32.81%
EBL 1.74% -26.93% -28.20% -31.21%
BRACBANK 0.29% -61.28% -63.08% -67.38%
DAFODILCOM 4.87% 6.66% 6.93% 7.58%
BDLAMPS 4.11% 9.98% 10.38% 11.33%
IPDC 1.19% -10.14% -10.95% -12.90%
ICB 2.15% 22.27% 23.34% 25.87%
LANKABAFIN 3.12% -4.47% -3.26% -0.38%
AMCL 1.15% -3.03% -3.03% -3.02%
GEMINISEA 4.27% 42.19% 43.83% 47.74%
OLYMPIC 2.08% 12.03% 12.05% 12.09%
LINDEBD 1.98% 31.97% 32.06% 32.30%
DELTALIFE 2.33% -0.23% 0.03% 0.66%
ACI 3.89% 9.16% 9.58% 10.57%
ORIONPHARM 1.71% 25.66% 24.40% 21.40%
RENATA 1.07% -9.14% -9.88% -11.66%
SQURPHARMA 1.34% 13.04% 13.43% 14.36%
BATASHOE 4.02% 20.02% 21.05% 23.50%
GP 1.11% 2.15% 2.33% 2.76%
HEIDELBCEM -0.12% -10.77% -12.44% -16.45%
Monthly Risk Free Rate 0.42% 0.50% 0.67%

Portfolio Return 5.10% 5.28% 5.70%
Portfolio Variance 0.25% 0.27% 0.33%
Portfolio Standard Deviation 5.05% 5.24% 5.71%
Sharpe Ratio or Slope 92.73% 91.11% 88.06%
nd Risk-free Lending
Short Sale Allowed and Risk free Lending and Borrowing

Rf= 9% Not Allowed
Weight
33.64% 7.00%
6.00%
-33.03%
Expected Return
5.00%
-69.98% 4.00%
7.97% 3.00%
11.91% 2.00%
-14.07% 1.00%
0.00%
27.41%
-1.00% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00%
-1.00%
1.34%
-3.02% Risk
50.11%
12.12%
32.45% 0.00%
1.04% Rf 7.00% Err:502
11.17%
19.60% 0.00%
-12.73% Rf 5% Err:502
14.93%
24.98% 0.00%
3.02% Rf 6% Err:502
-18.86%
0.00%
0.75% Rf 8% Err:502
5.95%
0.36% 0.00%
6.01% Rf 9% Err:502
86.63%
0.0041667 0.005 0.0066667 0.0075
0.0509753 0.0527537 0.0569838 0.0595339
0.0025482 0.0027473 0.0032652 0.0036075
0.0504796 0.0524149 0.0571418 0.0600622
0.9272768 0.9110711 0.8805663 0.8663344
orrowing X Axis Y Axis
Risk Return
4.76% 1.00%
Err:502 3.00%
Err:502 4.00%
Err:502 Err:502
Err:502 10.00%
7.00% 8.00%
0.75%
9.76%
0.42%
3.00%
0.50%
4.00%
0.67%
6.00%
0.75%
6.00%
ISLAMIBANK 0.013881 0.000666 0.002530
EBL 0.000666 1.689597 0.002148
BRACBANK 0.002530 0.002148 0.009143
DAFODILCOM -0.000852 0.001838 0.000938
BDLAMPS 0.001324 -0.001406 0.003789
IPDC 0.000329 -0.000723 0.000789
ICB 0.001808 0.000963 0.004236
LANKABAFIN 0.001062 0.003227 0.001878
AMCL 0.000815 0.004971 0.002407
GEMINISEA 0.000422 0.004010 0.005654
OLYMPIC -0.000202 0.001509 0.002337
LINDEBD 0.000479 0.002636 0.002462
DELTALIFE 0.000018 -0.000505 0.001163
ACI 0.000081 0.003972 0.000884
ORIONPHARM 0.000328 0.001909 0.000758
RENATA 0.000068 0.002616 0.003110
SQURPHARMA 0.001223 0.001249 0.001861
BATASHOE -0.000698 0.002193 0.000178
GP 0.001500 -0.001119 0.002202
HEIDELBCEM 0.001782 -0.000294 0.003582
Equal Weight Case

EBL 18.07% 0.05
BRACBANK 3.15% 0.05
BDLAMPS 1.38% 0.05
IPDC 11.50% 0.05
ICB 0.01% 0.05
AMCL 0.08% 0.05
OLYMPIC 1.93% 0.05
LINDEBD 1.07% 0.05
ACI 0.68% 0.05
RENATA 1.87% 0.05
BATASHOE 0.53% 0.05
GP 0.12% 0.05
Total Weight 1


E (Rp) 1.81%
Rf 0.75%
A 5
s^2P 5.66%
Weight in Risky Asset (y*) 3.74%
Weight in Riskfree Asset 96.26%
Short Sale Not Allowed and Ris
-0.000852 0.001324 0.000329 0.001808 0.001062
0.001838 -0.001406 -0.000723 0.000963 0.003227
0.000938 0.003789 0.000789 0.004236 0.001878
0.015058 -0.003640 -0.003233 -0.002738 -0.000436
-0.003640 0.015992 0.009589 0.004683 0.002217
-0.003233 0.009589 0.410795 0.004372 0.000931
-0.002738 0.004683 0.004372 0.012303 0.002992
-0.000436 0.002217 0.000931 0.002992 0.020828
0.001378 -0.001404 -0.001081 0.000695 0.003305
0.002907 0.000671 0.000258 0.000683 0.002711
0.002442 0.003957 0.001938 0.001734 0.001200
-0.000494 -0.000496 -0.000763 0.001854 0.002827
0.000394 0.008785 0.005649 0.004963 0.000760
-0.002773 0.009728 0.003803 0.001739 0.001878
0.001656 -0.000640 -0.001384 0.000010 0.002093
0.002165 0.001442 0.001751 0.001919 0.004133
-0.002591 0.001822 0.003614 0.002300 0.001193
-0.001984 -0.000570 0.000978 0.002492 0.001175
0.001364 0.004393 0.002744 0.003540 0.000630
-0.002364 0.004503 0.004429 0.005625 0.001323
Base Case Solver

ISLAMIBANK 0.42% 12.25%
EBL 18.07% 0.00%
BRACBANK 3.15% 0.00%
DAFODILCOM 2.96% 7.81%
BDLAMPS 1.38% 7.41%
IPDC 11.50% 0.00%
ICB 0.01% 0.00%
LANKABAFIN 0.89% 11.42%
AMCL 0.08% 0.00%
GEMINISEA 6.38% 17.61%
OLYMPIC 1.93% 0.00%
LINDEBD 1.07% 0.00%
DELTALIFE -0.87% 0.52%
ACI 0.68% 6.29%
ORIONPHARM -0.77% 2.57%
RENATA 1.87% 0.00%
SQURPHARMA 0.67% 0.00%
BATASHOE 0.53% 34.11%
GP 0.12% 0.00%
HEIDELBCEM -1.37% 0.00%
Total Weight 1

Not Allowed and Riskless Lending and Borrowing Allowed
0.000815 0.000422 -0.000202 0.000479 0.000018
0.004971 0.004010 0.001509 0.002636 -0.000505
0.002407 0.005654 0.002337 0.002462 0.001163
0.001378 0.002907 0.002442 -0.000494 0.000394
-0.001404 0.000671 0.003957 -0.000496 0.008785
-0.001081 0.000258 0.001938 -0.000763 0.005649
0.000695 0.000683 0.001734 0.001854 0.004963
0.003305 0.002711 0.001200 0.002827 0.000760
0.002924 0.002830 0.001663 0.003225 -0.000623
0.002830 0.060519 0.003105 0.001243 -0.000894
0.001663 0.003105 0.008181 -0.001152 0.001452
0.003225 0.001243 -0.001152 0.004528 0.001319
-0.000623 -0.000894 0.001452 0.001319 0.006072
0.002467 0.000301 0.000946 0.001066 0.005564
0.001770 0.000168 -0.000085 0.001153 -0.000778
0.002891 0.005681 0.004150 0.001484 0.002133
0.001386 0.001212 0.000329 0.000166 0.002013
0.000580 -0.000763 0.000919 0.001509 0.001065
-0.000013 -0.000032 0.002319 -0.000083 0.002681
0.000283 0.001135 0.001118 0.000347 0.005916
EBL 18.07% 0.00%
BDLAMPS 1.38% 0.00%
IPDC 11.50% 6.15%
ICB 0.01% 0.00%
AMCL 0.08% 7.55%
OLYMPIC 1.93% 0.58%
LINDEBD 1.07% 0.00%
ACI 0.68% 0.00%
RENATA 1.87% 1.36%
BATASHOE 0.53% 0.00%
GP 0.12% 0.00%
Total Weight 1

Sharpe Ratio or Slope -9.46%
0.000081 0.000328 0.000068 0.001223 -0.000698
0.003972 0.001909 0.002616 0.001249 0.002193
0.000884 0.000758 0.003110 0.001861 0.000178
-0.002773 0.001656 0.002165 -0.002591 -0.001984
0.009728 -0.000640 0.001442 0.001822 -0.000570
0.003803 -0.001384 0.001751 0.003614 0.000978
0.001739 0.000010 0.001919 0.002300 0.002492
0.001878 0.002093 0.004133 0.001193 0.001175
0.002467 0.001770 0.002891 0.001386 0.000580
0.000301 0.000168 0.005681 0.001212 -0.000763
0.000946 -0.000085 0.004150 0.000329 0.000919
0.001066 0.001153 0.001484 0.000166 0.001509
0.005564 -0.000778 0.002133 0.002013 0.001065
0.008208 0.001083 0.000029 0.000836 0.001993
0.001083 0.004651 0.001027 -0.000327 0.001072
0.000029 0.001027 0.005260 0.000787 -0.000436
0.000836 -0.000327 0.000787 0.003194 0.002275
0.001993 0.001072 -0.000436 0.002275 0.002864
-0.000617 -0.000792 0.001095 0.002156 0.000807
0.001261 -0.001295 0.001890 0.004191 0.000839
2. Portfolio Return 1.5%

EBL 18.07% 0.00%
BDLAMPS 1.38% 0.00%
IPDC 11.50% 7.96%
ICB 0.01% 0.00%
AMCL 0.08% 0.00%
OLYMPIC 1.93% 8.23%
LINDEBD 1.07% 12.51%
ACI 0.68% 0.00%
RENATA 1.87% 0.00%
GP 0.12% 1.33%
Total Weight 1
Monthly risk free 0.75%

Portfolio Varianc 0.40%
Portfolio standard 6.31%
Sharpe Ratio or S 2.15%
GP HEIDELBCEM
0.001500 0.001782
-0.001119 -0.000294
0.002202 0.003582
0.001364 -0.002364
0.004393 0.004503
0.002744 0.004429
0.003540 0.005625
0.000630 0.001323
-0.000013 0.000283
-0.000032 0.001135
0.002319 0.001118
-0.000083 0.000347
0.002681 0.005916
-0.000617 0.001261
-0.000792 -0.001295
0.001095 0.001890
0.002156 0.004191
0.000807 0.000839
0.004191 0.005926
0.005926 0.003922

Company Name Mean Return Weight Company Name Mean Return
ISLAMIBANK 0.42% 16.14% ISLAMIBANK 0.42%
EBL 18.07% 0.00% EBL 18.07%
BRACBANK 3.15% 0.00% BRACBANK 3.15%
DAFODILCOM 2.96% 2.15% DAFODILCOM 2.96%
BDLAMPS 1.38% 0.00% BDLAMPS 1.38%
IPDC 11.50% 7.66% IPDC 11.50%
ICB 0.01% 0.00% ICB 0.01%
LANKABAFIN 0.89% 0.00% LANKABAFIN 0.89%
AMCL 0.08% 0.00% AMCL 0.08%
GEMINISEA 6.38% 4.82% GEMINISEA 6.38%
OLYMPIC 1.93% 6.66% OLYMPIC 1.93%
LINDEBD 1.07% 11.03% LINDEBD 1.07%
DELTALIFE -0.87% 2.25% DELTALIFE -0.87%
ACI 0.68% 0.81% ACI 0.68%
ORIONPHARM -0.77% 31.94% ORIONPHARM -0.77%
RENATA 1.87% 0.00% RENATA 1.87%
SQURPHARMA 0.67% 4.85% SQURPHARMA 0.67%
BATASHOE 0.53% 7.05% BATASHOE 0.53%
GP 0.12% 3.49% GP 0.12%
HEIDELBCEM -1.37% 1.16% HEIDELBCEM -1.37%
Monthly risk free rate 0.75% Monthly risk free rate 0.75%
Portfolio standard deviatio 6.21% Portfolio standard devi 5.19%
Sharpe Ratio or Slope 9.89% Sharpe Ratio or Slope 13.01%
urn 2.5% 5. Portfolio Return 3%
16.88% ISLAMIBANK 0.42% 16.77%
0.00% EBL 18.07% 0.00%
0.00% BRACBANK 3.15% 0.00%
3.58% DAFODILCOM 2.96% 5.15%
2.08% BDLAMPS 1.38% 5.21%
4.67% IPDC 11.50% 0.54%
0.00% ICB 0.01% 0.00%
0.00% LANKABAFIN 0.89% 2.27%
0.00% AMCL 0.08% 0.00%
9.55% GEMINISEA 6.38% 13.51%
4.45% OLYMPIC 1.93% 2.13%
8.47% LINDEBD 1.07% 5.43%
2.86% DELTALIFE -0.87% 2.91%
2.52% ACI 0.68% 3.75%
25.09% ORIONPHARM -0.77% 17.66%
0.00% RENATA 1.87% 0.00%
1.62% SQURPHARMA 0.67% 0.00%
15.91% BATASHOE 0.53% 24.26%
2.32% GP 0.12% 0.42%
0.00% HEIDELBCEM -1.37% 0.00%
1 Total Weight 1

Company Name Mean Return Weight Company Name Mean Return Weight
ISLAMIBANK 0.42% 13.50% ISLAMIBANK 0.42% 1.58%
EBL 18.07% 0.00% EBL 18.07% 0.00%
BRACBANK 3.15% 0.00% BRACBANK 3.15% 0.00%
DAFODILCOM 2.96% 7.21% DAFODILCOM 2.96% 9.31%
BDLAMPS 1.38% 6.98% BDLAMPS 1.38% 9.46%
IPDC 11.50% 0.00% IPDC 11.50% 0.00%
ICB 0.01% 0.00% ICB 0.01% 0.00%
LANKABAFIN 0.89% 9.55% LANKABAFIN 0.89% 12.12%
AMCL 0.08% 0.00% AMCL 0.08% 0.00%
GEMINISEA 6.38% 16.80% GEMINISEA 6.38% 21.22%
OLYMPIC 1.93% 0.00% OLYMPIC 1.93% 0.00%
LINDEBD 1.07% 0.72% LINDEBD 1.07% 0.00%
DELTALIFE -0.87% 1.25% DELTALIFE -0.87% 0.00%
ACI 0.68% 5.65% ACI 0.68% 7.17%
ORIONPHARM -0.77% 6.31% ORIONPHARM -0.77% 0.00%
RENATA 1.87% 0.00% RENATA 1.87% 0.00%
SQURPHARMA 0.67% 0.00% SQURPHARMA 0.67% 0.00%
BATASHOE 0.53% 32.02% BATASHOE 0.53% 39.15%
GP 0.12% 0.00% GP 0.12% 0.00%
HEIDELBCEM -1.37% 0.00% HEIDELBCEM -1.37% 0.00%
Monthly risk free 0.75% Monthly risk free rat 0.75%

Portfolio standard 5.45% Portfolio standard de 6.40%
Sharpe Ratio or S 17.06% Sharpe Ratio or Slop 21.57%
EBL 18.07% 0.00%
BDLAMPS 1.38% 11.58%
IPDC 11.50% 0.00%
ICB 0.01% 0.00%
AMCL 0.08% 0.00%
OLYMPIC 1.93% 0.00%
LINDEBD 1.07% 0.00%
ACI 0.68% 0.00%
RENATA 1.87% 0.00%
GP 0.12% 0.00%
Total Weight 1
Monthly risk free 0.75%

Portfolio Varianc 1.19%
Portfolio standard 10.90%
Sharpe Ratio or S 28.56%
Efficient Frontier Determination when Short Sale Not Allowed and R
Portfolio Return Optimum Portfolio PR= 1%
Company Name Mean Return Weight Weight
ISLAMIBANK 0.42% 12.25% 8.71%
EBL 18.07% 0.00% 0.00%
BRACBANK 3.15% 0.00% 4.98%
DAFODILCOM 2.96% 7.81% 0.00%
BDLAMPS 1.38% 7.41% 0.00%
IPDC 11.50% 0.00% 6.15%
ICB 0.01% 0.00% 0.00%
LANKABAFIN 0.89% 11.42% 0.00%
AMCL 0.08% 0.00% 7.55%
GEMINISEA 6.38% 17.61% 0.00%
OLYMPIC 1.93% 0.00% 0.58%
LINDEBD 1.07% 0.00% 0.00%
DELTALIFE -0.87% 0.52% 0.00%
ACI 0.68% 6.29% 0.00%
ORIONPHARM -0.77% 2.57% 41.69%
RENATA 1.87% 0.00% 1.36%
SQURPHARMA 0.67% 0.00% 0.00%
BATASHOE 0.53% 34.11% 0.00%
GP 0.12% 0.00% 0.00%
HEIDELBCEM -1.37% 0.00% 28.97%
Monthly risk free rate 0.75% 0.75%

Portfolio Return 1.81% 0.22%
Portfolio Variance 0.32% 0.31%
Portfolio standard deviation 5.66% 5.55%
Sharpe Ratio or Slope 18.71% -9.46%
ale Not Allowed and Risk-free Lending and Borrowing Allowed
PR= 1.5% PR= 2% PR= 2.5% PR= 3% PR= 3.5% PR= 4% PR= 4.5%
Weight Weight Weight Weight Weight Weight Weight
13.81% 16.14% 16.88% 16.77% 13.50% 1.58% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
1.20% 2.15% 3.58% 5.15% 7.21% 9.31% 44.65%
0.00% 0.00% 2.08% 5.21% 6.98% 9.46% 11.58%
7.96% 7.66% 4.67% 0.54% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 2.27% 9.55% 12.12% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 4.82% 9.55% 13.51% 16.80% 21.22% 36.77%
8.23% 6.66% 4.45% 2.13% 0.00% 0.00% 0.00%
12.51% 11.03% 8.47% 5.43% 0.72% 0.00% 0.00%
0.00% 2.25% 2.86% 2.91% 1.25% 0.00% 0.00%
0.00% 0.81% 2.52% 3.75% 5.65% 7.17% 0.00%
38.97% 31.94% 25.09% 17.66% 6.31% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4.98% 4.85% 1.62% 0.00% 0.00% 0.00% 0.00%
0.00% 7.05% 15.91% 24.26% 32.02% 39.15% 6.99%
1.33% 3.49% 2.32% 0.42% 0.00% 0.00% 0.00%
11.00% 1.16% 0.00% 0.00% 0.00% 0.00% 0.00%
0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75%

0.89% 1.36% 1.43% 1.33% 1.68% 2.13% 3.86%
0.40% 0.39% 0.27% 0.23% 0.30% 0.41% 1.19%
6.31% 6.21% 5.19% 4.81% 5.45% 6.40% 10.90%
2.15% 9.89% 13.01% 12.08% 17.06% 21.57% 28.56%
Short Sale Not Allowed and Risk free
Borrowing Allowed
X Axis Y Axis
Risk Return 2.50%
5.55% 0.22% 2.00%

6.31% 0.89%
6.21% 1.36%
Expected Return
1.50%
5.19% 1.43%
4.81% 1.33%
1.00%
5.45% 1.68%
6.40% 2.13%
0.50%
0.00%
0.00% 1.00% 2.00% 3.00% 4.00% 5.00%
Tangency Portfolio 0.00% 0.75% Risk

5.66% 1.81%
ed and Risk free Lending and
3.00% 4.00% 5.00% 6.00% 7.00%

Risk
ISLAMIBANK 0.013881 0.000666 0.002530
EBL 0.000666 1.689597 0.002148
BRACBANK 0.002530 0.002148 0.009143
DAFODILCOM -0.000852 0.001838 0.000938
BDLAMPS 0.001324 -0.001406 0.003789
IPDC 0.000329 -0.000723 0.000789
ICB 0.001808 0.000963 0.004236
LANKABAFIN 0.001062 0.003227 0.001878
AMCL 0.000815 0.004971 0.002407
GEMINISEA 0.000422 0.004010 0.005654
OLYMPIC -0.000202 0.001509 0.002337
LINDEBD 0.000479 0.002636 0.002462
DELTALIFE 0.000018 -0.000505 0.001163
ACI 0.000081 0.003972 0.000884
ORIONPHARM 0.000328 0.001909 0.000758
RENATA 0.000068 0.002616 0.003110
SQURPHARMA 0.001223 0.001249 0.001861
BATASHOE -0.000698 0.002193 0.000178
GP 0.001500 -0.001119 0.002202
HEIDELBCEM 0.001782 -0.000294 0.003582
Equal Weight Case

EBL 18.07% 0.05
BRACBANK 3.15% 0.05
BDLAMPS 1.38% 0.05
IPDC 11.50% 0.05
ICB 0.01% 0.05
AMCL 0.08% 0.05
OLYMPIC 1.93% 0.05
LINDEBD 1.07% 0.05
ACI 0.68% 0.05
RENATA 1.87% 0.05
BATASHOE 0.53% 0.05
GP 0.12% 0.05
Total Weight 1

Portfolio standard deviation 0.0848
Sharpe Ratio or Slope 0.1986
Short Sale not allowed and ris
-0.000852 0.001324 0.000329 0.001808 0.001062
0.001838 -0.001406 -0.000723 0.000963 0.003227
0.000938 0.003789 0.000789 0.004236 0.001878
0.015058 -0.003640 -0.003233 -0.002738 -0.000436
-0.003640 0.015992 0.009589 0.004683 0.002217
-0.003233 0.009589 0.410795 0.004372 0.000931
-0.002738 0.004683 0.004372 0.012303 0.002992
-0.000436 0.002217 0.000931 0.002992 0.020828
0.001378 -0.001404 -0.001081 0.000695 0.003305
0.002907 0.000671 0.000258 0.000683 0.002711
0.002442 0.003957 0.001938 0.001734 0.001200
-0.000494 -0.000496 -0.000763 0.001854 0.002827
0.000394 0.008785 0.005649 0.004963 0.000760
-0.002773 0.009728 0.003803 0.001739 0.001878
0.001656 -0.000640 -0.001384 0.000010 0.002093
0.002165 0.001442 0.001751 0.001919 0.004133
-0.002591 0.001822 0.003614 0.002300 0.001193
-0.001984 -0.000570 0.000978 0.002492 0.001175
0.001364 0.004393 0.002744 0.003540 0.000630
-0.002364 0.004503 0.004429 0.005625 0.001323
Base Case Solver

EBL 18.07% 0.00%
BDLAMPS 1.38% 0.00%
IPDC 11.50% 7.95%
ICB 0.01% 0.00%
AMCL 0.08% 0.00%
OLYMPIC 1.93% 7.11%
LINDEBD 1.07% 11.56%
ACI 0.68% 0.27%
RENATA 1.87% 0.00%
GP 0.12% 2.87%
Total Weight 1
Monthly risk free rat 0.75%

Portfolio standard d 6.33%
Sharpe Ratio or Slo 8.16%
e not allowed and riskless lending and borrowing not allowed
0.000815 0.000422 -0.000202 0.000479 0.000018
0.004971 0.004010 0.001509 0.002636 -0.000505
0.002407 0.005654 0.002337 0.002462 0.001163
0.001378 0.002907 0.002442 -0.000494 0.000394
-0.001404 0.000671 0.003957 -0.000496 0.008785
-0.001081 0.000258 0.001938 -0.000763 0.005649
0.000695 0.000683 0.001734 0.001854 0.004963
0.003305 0.002711 0.001200 0.002827 0.000760
0.002924 0.002830 0.001663 0.003225 -0.000623
0.002830 0.060519 0.003105 0.001243 -0.000894
0.001663 0.003105 0.008181 -0.001152 0.001452
0.003225 0.001243 -0.001152 0.004528 0.001319
-0.000623 -0.000894 0.001452 0.001319 0.006072
0.002467 0.000301 0.000946 0.001066 0.005564
0.001770 0.000168 -0.000085 0.001153 -0.000778
0.002891 0.005681 0.004150 0.001484 0.002133
0.001386 0.001212 0.000329 0.000166 0.002013
0.000580 -0.000763 0.000919 0.001509 0.001065
-0.000013 -0.000032 0.002319 -0.000083 0.002681
0.000283 0.001135 0.001118 0.000347 0.005916
ISLAMIBANK 0.004199272152801 8.72%
EBL 0.180749245366916 0.00%
BRACBANK 0.031459436884968 4.99%
DAFODILCOM 0.029577914808602 0.00%
BDLAMPS 0.01383573877653 0.00%
IPDC 0.114988010963866 6.18%
ICB 9.08553724035E-05 0.00%
LANKABAFIN 0.008942367151188 0.00%
AMCL 0.000826482582193 7.57%
GEMINISEA 0.063761620051525 0.00%
OLYMPIC 0.019349772870705 0.60%
LINDEBD 0.010713280161871 0.00%
DELTALIFE -0.00865971926078 0.00%
ACI 0.006773654127729 0.00%
ORIONPHARM -0.00772629727516 41.68%
RENATA 0.018668284785301 1.29%
SQURPHARMA 0.006692088916111 0.00%
BATASHOE 0.005302754588602 0.00%
GP 0.001196973736868 0.00%
HEIDELBCEM -0.01368794664759 28.98%
Total Weight 1

Sharpe Ratio or Slope -9.40%
allowed
0.000081 0.000328 0.000068 0.001223 -0.000698
0.003972 0.001909 0.002616 0.001249 0.002193
0.000884 0.000758 0.003110 0.001861 0.000178
-0.002773 0.001656 0.002165 -0.002591 -0.001984
0.009728 -0.000640 0.001442 0.001822 -0.000570
0.003803 -0.001384 0.001751 0.003614 0.000978
0.001739 0.000010 0.001919 0.002300 0.002492
0.001878 0.002093 0.004133 0.001193 0.001175
0.002467 0.001770 0.002891 0.001386 0.000580
0.000301 0.000168 0.005681 0.001212 -0.000763
0.000946 -0.000085 0.004150 0.000329 0.000919
0.001066 0.001153 0.001484 0.000166 0.001509
0.005564 -0.000778 0.002133 0.002013 0.001065
0.008208 0.001083 0.000029 0.000836 0.001993
0.001083 0.004651 0.001027 -0.000327 0.001072
0.000029 0.001027 0.005260 0.000787 -0.000436
0.000836 -0.000327 0.000787 0.003194 0.002275
0.001993 0.001072 -0.000436 0.002275 0.002864
-0.000617 -0.000792 0.001095 0.002156 0.000807
0.001261 -0.001295 0.001890 0.004191 0.000839

ISLAMIBANK 0.004199272152801 0.124516869594705
EBL 0.180749245366916 0
BRACBANK 0.031459436884968 0
DAFODILCOM 0.029577914808602 0
BDLAMPS 0.01383573877653 0
IPDC 0.114988010963866 0.072218132358924
ICB 9.085537240353E-05 0
LANKABAFIN 0.008942367151188 0
AMCL 0.000826482582193 0.032629516179418
GEMINISEA 0.063761620051525 0
OLYMPIC 0.019349772870705 0.055988833918237
LINDEBD 0.010713280161871 0.06729030248983
DELTALIFE -0.008659719260781 0
ACI 0.006773654127729 0
ORIONPHARM -0.007726297275163 0.423690420232
RENATA 0.018668284785301 0.000738848405422
SQURPHARMA 0.006692088916111 0.003069263685719
BATASHOE 0.005302754588602 0
GP 0.001196973736868 0
HEIDELBCEM -0.013687946647588 0.219857813135745
Total Weight 1

Portfolio standard devi 0.0598
Sharpe Ratio or Slope -0.0517
GP HEIDELBCEM
0.001500 0.001782
-0.001119 -0.000294
0.002202 0.003582
0.001364 -0.002364
0.004393 0.004503
0.002744 0.004429
0.003540 0.005625
0.000630 0.001323
-0.000013 0.000283
-0.000032 0.001135
0.002319 0.001118
-0.000083 0.000347
0.002681 0.005916
-0.000617 0.001261
-0.000792 -0.001295
0.001095 0.001890
0.002156 0.004191
0.000807 0.000839
0.004191 0.005926
0.005926 0.003922

Company Name Mean Return Weight Company Name Mean Retur
ISLAMIBANK 0.004199272152801 0.1381967 ISLAMIBANK 0.0041993
EBL 0.180749245366916 0 EBL 0.1807492
BRACBANK 0.031459436884968 0 BRACBANK 0.0314594
DAFODILCOM 0.029577914808602 0.0119807 DAFODILCOM 0.0295779
BDLAMPS 0.01383573877653 0 BDLAMPS 0.0138357
IPDC 0.114988010963866 0.0797696 IPDC 0.114988
ICB 9.0855372403531E-05 0 ICB 9.086E-05
LANKABAFIN 0.008942367151188 0 LANKABAFIN 0.0089424
AMCL 0.000826482582193 0 AMCL 0.0008265
GEMINISEA 0.063761620051525 0 GEMINISEA 0.0637616
OLYMPIC 0.019349772870705 0.0822545 OLYMPIC 0.0193498
LINDEBD 0.010713280161871 0.1252693 LINDEBD 0.0107133
DELTALIFE -0.008659719260781 0 DELTALIFE -0.00866
ACI 0.006773654127729 0 ACI 0.0067737
ORIONPHARM -0.007726297275163 0.3896228 ORIONPHARM -0.007726
RENATA 0.018668284785301 0 RENATA 0.0186683
SQURPHARMA 0.006692088916111 0.049539 SQURPHARMA 0.0066921
BATASHOE 0.005302754588602 0 BATASHOE 0.0053028
GP 0.001196973736868 0.0133012 GP 0.001197
HEIDELBCEM -0.013687946647588 0.1100663 HEIDELBCEM -0.013688
Monthly risk free rate 0.0075 Monthly risk free rate 0.0075
Portfolio Variance 0.0040 Portfolio Variance 0.0039
Portfolio standard deviati 0.0632 Portfolio standard devi 0.0621
Sharpe Ratio or Slope 0.0217 Sharpe Ratio or Slope 0.0987
Return 2% 5. Portfolio Return 2.25% 6. Portfolio Return 2.5%
Weight Company Name Mean ReturWeight Company Name Mean Retur
0.1613803 ISLAMIBANK 0.0041993 0.1668289 ISLAMIBANK 0.0041993
0 EBL 0.1807492 0 EBL 0.1807492
0 BRACBANK 0.0314594 0 BRACBANK 0.0314594
0.0214925 DAFODILCOM 0.0295779 0.0283348 DAFODILCOM 0.0295779
0 BDLAMPS 0.0138357 0.0045609 BDLAMPS 0.0138357
0.0765491 IPDC 0.114988 0.0647169 IPDC 0.114988
0 ICB 9.086E-05 0 ICB 9.086E-05
0 LANKABAFIN 0.0089424 0 LANKABAFIN 0.0089424
0 AMCL 0.0008265 0 AMCL 0.0008265
0.0482786 GEMINISEA 0.0637616 0.0729126 GEMINISEA 0.0637616
0.066626 OLYMPIC 0.0193498 0.0561477 OLYMPIC 0.0193498
0.1100898 LINDEBD 0.0107133 0.0967488 LINDEBD 0.0107133
0.0224578 DELTALIFE -0.00866 0.0281722 DELTALIFE -0.00866
0.0080644 ACI 0.0067737 0.0191509 ACI 0.0067737
0.3195765 ORIONPHARM -0.007726 0.283349 ORIONPHARM -0.007726
0 RENATA 0.0186683 0 RENATA 0.0186683
0.0483422 SQURPHARMA 0.0066921 0.0328809 SQURPHARMA 0.0066921
0.0705988 BATASHOE 0.0053028 0.1142338 BATASHOE 0.0053028
0.0346939 GP 0.001197 0.0319627 GP 0.001197
0.01185 HEIDELBCEM -0.013688 0 HEIDELBCEM -0.013688
1 Total Weight 1 Total Weight
Monthly risk free ra 0.0075 Monthly risk free rate 0.0075

Portfolio Variance 0.0033 Portfolio Variance 0.0027
Portfolio standard d 0.0576 Portfolio standard deviatio 0.0518
Sharpe Ratio or Slo 0.1195 Sharpe Ratio or Slope 0.1300
eturn 2.5% 7. Portfolio Return 3% 8. Portfolio Return 3.25%
Weight Company Name Mean ReturWeight Company Name
0.1687254 ISLAMIBANK 0.0041993 0.1675844 ISLAMIBANK
0 EBL 0.1807492 0 EBL
0 BRACBANK 0.0314594 0 BRACBANK
0.0358259 DAFODILCOM 0.0295779 0.0514969 DAFODILCOM
0.0207596 BDLAMPS 0.0138357 0.0521073 BDLAMPS
0.0465192 IPDC 0.114988 0.0053435 IPDC
0 ICB 9.086E-05 0 ICB
0 LANKABAFIN 0.0089424 0.0227644 LANKABAFIN
0 AMCL 0.0008265 0 AMCL
0.0956227 GEMINISEA 0.0637616 0.1349115 GEMINISEA
0.0444205 OLYMPIC 0.0193498 0.0213858 OLYMPIC
0.084722 LINDEBD 0.0107133 0.0546824 LINDEBD
0.0286684 DELTALIFE -0.00866 0.0291534 DELTALIFE
0.02528 ACI 0.0067737 0.0375695 ACI
0.2507501 ORIONPHARM -0.007726 0.1764918 ORIONPHARM
0 RENATA 0.0186683 0 RENATA
0.0165282 SQURPHARMA 0.0066921 0 SQURPHARMA
0.1589341 BATASHOE 0.0053028 0.2424815 BATASHOE
0.0232439 GP 0.001197 0.0040274 GP
0 HEIDELBCEM -0.013688 0 HEIDELBCEM
1 Total Weight 1 Total Weight
Monthly risk free ra 0.0075 Monthly risk free rate

Portfolio Retrun 0.0133 Portfolio Retrun
Portfolio Variance 0.0023 Portfolio Variance
Portfolio standard d 0.0481 Portfolio standard deviation
Sharpe Ratio or Slo 0.1206 Sharpe Ratio or Slope
tfolio Return 3.25% 9. Portfolio Return 3.5%
Mean ReturWeight Company Name Mean Return Weight
0.0041993 0.1559358 ISLAMIBANK 0.004199272153 0.1350383
0.1807492 0 EBL 0.180749245367 0
0.0314594 0 BRACBANK 0.031459436885 0
0.0295779 0.0614139 DAFODILCOM 0.029577914809 0.0720907
0.0138357 0.0623282 BDLAMPS 0.013835738777 0.0697861
0.114988 0 IPDC 0.114988010964 0
9.086E-05 0 ICB 9.08553724E-05 0
0.0089424 0.0585832 LANKABAFIN 0.008942367151 0.0956279
0.0008265 0 AMCL 0.000826482582 0
0.0637616 0.1522572 GEMINISEA 0.063761620052 0.168023
0.0193498 0.0036815 OLYMPIC 0.019349772871 0
0.0107133 0.0300192 LINDEBD 0.010713280162 0.0071991
-0.00866 0.0233917 DELTALIFE -0.008659719261 0.0124721
0.0067737 0.0455845 ACI 0.006773654128 0.0565421
-0.007726 0.1254681 ORIONPHARM -0.007726297275 0.0630725
0.0186683 0 RENATA 0.018668284785 0
0.0066921 0 SQURPHARMA 0.006692088916 0
0.0053028 0.2813368 BATASHOE 0.005302754589 0.3201482
0.001197 0 GP 0.001196973737 0
-0.013688 0 HEIDELBCEM -0.013687946648 0
1 Total Weight 1
0.0075 Monthly risk free rate 0.0075

0.0146 Portfolio Retrun 0.0168
0.0026 Portfolio Variance 0.0030
0.0510 Portfolio standard dev 0.0545
0.1389 Sharpe Ratio or Slop 0.1706
Company Name Mean ReturWeight
ISLAMIBANK 0.0041993 0.0158218
EBL 0.1807492 0
BRACBANK 0.0314594 0
DAFODILCOM 0.0295779 0.0930829
BDLAMPS 0.0138357 0.0945948
IPDC 0.114988 0
ICB 9.086E-05 0
LANKABAFIN 0.0089424 0.1211615
AMCL 0.0008265 0
GEMINISEA 0.0637616 0.2121671
OLYMPIC 0.0193498 0
LINDEBD 0.0107133 0
DELTALIFE -0.00866 0
ACI 0.0067737 0.0716636
ORIONPHARM -0.007726 0
RENATA 0.0186683 0
SQURPHARMA 0.0066921 0
BATASHOE 0.0053028 0.3915081
GP 0.001197 0
HEIDELBCEM -0.013688 0
Total Weight 1

Portfolio standard dev 0.0640
Sharpe Ratio or Slop 0.2157
Efficient Frontier Determination when Short Sale and Ri
Portfolio Return PR= 1% PR= 1.25% PR= 1.5%
Company Name Mean Return Weight Weight Weight Weight
ISLAMIBANK 0.42% 15.50% 8.72% 12.45% 13.82%
EBL 18.07% 0.00% 0.00% 0.00% 0.00%
BRACBANK 3.15% 0.00% 4.99% 0.00% 0.00%
DAFODILCOM 2.96% 1.93% 0.00% 0.00% 1.20%
BDLAMPS 1.38% 0.00% 0.00% 0.00% 0.00%
IPDC 11.50% 7.95% 6.18% 7.22% 7.98%
ICB 0.01% 0.00% 0.00% 0.00% 0.00%
LANKABAFIN 0.89% 0.00% 0.00% 0.00% 0.00%
AMCL 0.08% 0.00% 7.57% 3.26% 0.00%
GEMINISEA 6.38% 3.60% 0.00% 0.00% 0.00%
OLYMPIC 1.93% 7.11% 0.60% 5.60% 8.23%
LINDEBD 1.07% 11.56% 0.00% 6.73% 12.53%
DELTALIFE -0.87% 1.44% 0.00% 0.00% 0.00%
ACI 0.68% 0.27% 0.00% 0.00% 0.00%
ORIONPHARM -0.77% 33.91% 41.68% 42.37% 38.96%
RENATA 1.87% 0.00% 1.29% 0.07% 0.00%
SQURPHARMA 0.67% 4.83% 0.00% 0.31% 4.95%
BATASHOE 0.53% 5.23% 0.00% 0.00% 0.00%
GP 0.12% 2.87% 0.00% 0.00% 1.33%
HEIDELBCEM -1.37% 3.80% 28.98% 21.99% 11.01%
Monthly risk free rate 0.75% 0.75% 0.75% 0.75%

Portfolio Return 1.27% 0.23% 0.44% 0.89%
Portfolio Variance 0.40% 0.31% 0.36% 0.40%
Portfolio standard deviation 6.33% 5.56% 5.98% 6.32%
Sharpe Ratio or Slope 8.16% -9.40% -5.17% 2.17%
en Short Sale and Risk-free Lending and Borrowing Not Allowed
PR= 2% PR= 2.25% PR= 2.5% PR= 3% PR= 3.25% PR= 3.5%
Weight Weight Weight Weight Weight Weight
16.14% 16.68% 16.87% 16.76% 15.59% 13.50%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
2.15% 2.83% 3.58% 5.15% 6.14% 7.21%
0.00% 0.46% 2.08% 5.21% 6.23% 6.98%
7.65% 6.47% 4.65% 0.53% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 2.28% 5.86% 9.56%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4.83% 7.29% 9.56% 13.49% 15.23% 16.80%
6.66% 5.61% 4.44% 2.14% 0.37% 0.00%
11.01% 9.67% 8.47% 5.47% 3.00% 0.72%
2.25% 2.82% 2.87% 2.92% 2.34% 1.25%
0.81% 1.92% 2.53% 3.76% 4.56% 5.65%
31.96% 28.33% 25.08% 17.65% 12.55% 6.31%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4.83% 3.29% 1.65% 0.00% 0.00% 0.00%
7.06% 11.42% 15.89% 24.25% 28.13% 32.01%
3.47% 3.20% 2.32% 0.40% 0.00% 0.00%
1.18% 0.00% 0.00% 0.00% 0.00% 0.00%
0.75% 0.75% 0.75% 0.75% 0.75% 0.75%

1.36% 1.44% 1.42% 1.33% 1.46% 1.68%
0.39% 0.33% 0.27% 0.23% 0.26% 0.30%
6.21% 5.76% 5.18% 4.81% 5.10% 5.45%
9.87% 11.95% 13.00% 12.06% 13.89% 17.06%
d
PR= 4%
Weight Short Sale And Risk free L
1.58% Allowed
0.00%
2.50%
0.00% X Axis Y Axis
9.31% Risk Return
9.46% 2.00%
0.00% 5.56% 0.23%
Expected Return
0.00% 5.98% 0.44% 1.50%
12.12% 6.32% 0.89%
0.00% 6.21% 1.36%
1.00%
21.22% 5.76% 1.44%
0.00% 5.18% 1.42%
0.00% 4.81% 1.33% 0.50%
0.00% 5.10% 1.46%
7.17% 5.45% 1.68%
0.00%
0.00% 6.40% 2.13% 4.60% 4.80% 5.00% 5.20% 5.40
0.00%
0.00% 0.00% 0.75%
39.15% 6.33% 1.27%
0.00%
0.00%
0.75%
2.13%
0.41%
6.40%
21.57%
ale And Risk free Lending and Borrowing Not
d
%
%
4.60% 4.80% 5.00% 5.20% 5.40% 5.60% 5.80% 6.00% 6.20% 6.40% 6.60%
Risk
Year Month Risk Free Rate DSEX Index ISLAMIBANEBL
2014 September 12.22% 1.02% 5,074.30 25.00 24.27
October 12.20% 1.02% 5,173.23 27.00 24.60
November 12.22% 1.02% 4,769.42 25.00 22.44
December 12.22% 1.02% 4,864.96 23.00 22.53
2015 January 12.16% 1.01% 4,724.04 24.00 23.60
February 12.16% 1.01% 4,763.21 24.00 23.60
March 12.16% 1.01% 4,530.48 20.00 21.53
April 12.10% 1.01% 4,047.28 16.00 22.11
May 11.75% 0.98% 4,586.95 18.00 22.61
June 11.75% 0.98% 4,583.10 17.00 21.53
July 11.67% 0.97% 4,792.30 22.00 21.04
August 11.67% 0.97% 4,768.66 30.00 20.70
September 11.59% 0.97% 4,852.08 31.00 22.03
October 11.35% 0.95% 4,564.48 28.00 23.27
November 11.00% 0.92% 4,580.99 28.00 23.52
December 10.92% 0.91% 4,604.91 28.00 23.69
2016 January 10.92% 0.91% 4,540.89 26.00 23.93
February 11.00% 0.92% 4,511.96 24.00 24.84
March 10.88% 0.91% 4,357.53 23.00 24.76
April 10.85% 0.90% 4,195.69 22.00 24.19
May 10.82% 0.90% 4,419.39 26.00 25.43
June 10.72% 0.89% 4,507.58 29.00 27.81
July 10.72% 0.89% 4,525.34 32.00 26.95
August 10.72% 0.89% 4,526.57 29.70 27.33
September 9.79% 0.82% 4,695.18 31.00 28.00
October 8.39% 0.70% 4,592.17 30.90 27.52
November 8.18% 0.68% 4,801.24 30.00 27.62
December 8.00% 0.67% 5,036.05 29.70 27.62
2017 January 6.79% 0.57% 5,468.34 45.10 31.62
February 7.40% 0.62% 5,612.69 44.20 32.29
March 7.39% 0.62% 5,719.61 41.10 31.33
April 5.95% 0.50% 5,475.55 32.20 30.60
May 6.64% 0.55% 5,403.11 31.20 31.70
June 6.94% 0.58% 5,656.04 32.20 35.00
July 7.05% 0.59% 5,860.64 35.50 39.50
August 7.29% 0.61% 6,006.43 33.00 45.00
September 7.59% 0.63% 6,092.84 34.50 45.40
October 7.36% 0.61% 6,019.59 33.00 47.30
November 7.25% 0.60% 6,306.86 33.80 53.70
December 6.98% 0.58% 6,244.52 36.60 51.10
2018 January 6.89% 0.57% 6,039.78 34.10 43.80
February 6.89% 0.57% 5,804.94 31.70 41.40
March 6.77% 0.56% 5,597.44 27.30 40.20
April 6.30% 0.53% 5,739.22 25.50 38.50
May 6.30% 0.53% 5,343.87 23.50 36.00
June 6.30% 0.53% 5,405.46 23.80 33.80
July 6.30% 0.53% 5,302.63 22.80 31.60
August 6.86% 0.57% 5,600.64 23.50 37.00
September 6.96% 0.58% 5,368.95 23.70 33.30
October 6.96% 0.58% 5,284.12 23.50 35.00
November 6.99% 0.58% 5,281.25 23.50 34.70
December 7.00% 0.58% 5,385.64 24.20 36.00
2019 January 7.00% 0.58% 5,821.01 27.20 35.91
February 7.24% 0.60% 5,711.82 25.10 34.91
March 7.39% 0.62% 5,491.90 26.00 33.73
April 7.39% 0.62% 5,202.85 24.90 37.09
May 7.35% 0.61% 5,377.74 24.70 37.30
June 7.11% 0.59% 5,421.62 23.60 37.80
July 6.84% 0.57% 5,138.79 22.70 37.10
August 7.50% 0.63% 5,095.77 22.40 34.40
September 7.00% 0.58% 4,947.63 21.60 34.90
Price Data
BRACBANK DAFODILC BDLAMPS IPDC ICB LANKABAFIAMCL GEMINISEAOLYMPIC
21.47 14.00 121.00 1.75 135.55 24.00 226.30 97.00 145.03
23.27 15.00 126.00 1.94 148.62 21.16 226.30 101.00 154.38
24.27 11.00 120.00 1.81 138.88 19.47 199.70 128.00 171.98
24.80 13.00 118.00 1.92 131.15 20.11 196.10 140.00 180.40
26.33 14.00 104.00 1.84 128.52 18.78 200.50 159.00 185.64
25.73 14.00 121.00 1.86 131.33 18.28 210.70 131.00 179.29
22.87 12.00 113.00 1.70 124.00 15.89 203.70 125.00 176.43
22.00 11.00 103.00 1.55 93.43 12.12 175.70 168.00 167.38
23.27 12.00 104.00 1.82 104.19 15.84 191.40 160.00 174.44
26.20 13.00 105.00 1.74 119.62 13.98 191.00 167.00 186.35
26.80 14.00 156.00 2.01 120.57 14.98 197.70 196.00 219.44
26.07 18.00 166.00 2.16 130.29 14.23 231.60 267.00 219.05
27.47 17.00 204.00 2.34 129.62 17.60 226.20 265.00 240.16
30.93 19.00 193.00 2.67 124.00 14.98 192.90 297.00 227.46
32.07 18.00 194.00 3.14 106.95 14.03 185.10 222.00 237.05
32.47 19.00 260.00 3.09 101.81 14.58 204.20 210.00 246.86
31.67 24.00 246.00 3.40 95.90 13.83 197.90 215.00 249.14
28.73 23.00 236.00 3.19 97.81 20.51 195.70 372.00 271.24
29.80 21.00 181.00 15.83 95.14 20.00 192.80 513.00 279.24
27.60 20.00 169.00 15.76 86.95 18.50 194.00 672.00 289.24
30.93 24.00 167.00 17.57 90.00 16.42 194.80 633.00 311.05
35.33 23.00 170.00 16.94 107.43 16.30 195.70 606.00 328.86
42.53 21.00 187.00 20.35 100.10 16.42 206.90 737.00 323.14
40.60 21.80 190.10 25.42 99.71 16.36 222.60 885.93 287.62
39.93 26.30 184.70 27.57 99.90 19.37 215.30 817.00 291.62
39.93 32.10 170.70 25.69 93.33 15.61 199.90 759.30 287.62
43.60 33.60 176.40 29.03 95.05 16.48 203.70 748.00 295.60
42.73 43.00 174.50 29.65 99.52 20.12 207.60 713.30 307.90
45.13 39.50 173.40 29.51 156.29 27.81 219.00 641.60 308.90
44.67 39.70 176.80 37.43 159.33 36.71 217.20 674.60 307.30
57.80 36.40 170.50 41.50 182.19 42.49 209.50 613.60 287.60
58.24 42.70 167.90 36.58 182.86 35.24 210.00 572.20 277.20
62.08 38.30 171.70 33.58 170.95 32.65 210.10 548.30 268.00
64.56 41.00 173.30 37.67 166.38 37.03 216.50 581.50 278.50
70.24 51.30 183.80 40.33 185.05 39.23 214.90 575.70 287.20
68.64 48.90 180.60 39.25 171.62 40.36 217.90 273.33 273.70
68.72 45.90 167.80 37.33 170.38 40.69 209.70 263.64 271.70
80.48 52.00 169.10 35.83 176.86 42.55 206.70 422.36 256.10
87.84 46.80 175.50 40.50 167.30 47.44 223.10 487.80 285.40
86.72 43.40 186.80 41.75 160.00 44.47 222.00 454.70 288.30
77.44 41.50 178.00 41.58 151.70 38.51 213.30 388.30 284.70
73.28 38.20 188.80 40.60 138.50 32.47 215.40 404.80 259.40
77.76 32.60 172.80 34.40 123.40 29.40 214.30 401.40 275.00
87.70 37.70 181.40 33.80 130.10 29.70 225.10 415.40 264.00
74.50 36.70 167.30 30.90 123.40 26.20 211.60 383.10 237.30
71.20 39.40 248.30 31.00 151.80 26.80 233.30 455.00 224.40
65.70 43.80 249.30 29.30 139.30 25.30 235.40 413.90 206.50
66.96 42.30 233.90 40.74 121.13 30.00 242.40 351.30 201.70
62.43 36.70 222.00 35.56 109.09 26.10 237.90 333.39 205.00
61.22 32.10 216.20 36.57 109.70 23.30 225.30 283.13 218.50
63.22 34.90 200.70 34.91 102.18 22.60 232.10 322.30 217.90
63.22 43.60 197.00 35.28 105.64 22.90 240.60 316.10 216.20
68.26 47.40 237.70 39.72 111.64 27.00 246.50 337.50 240.40
70.61 49.50 234.20 36.02 109.27 26.00 259.20 335.30 232.00
67.65 46.30 232.40 35.90 106.09 22.30 250.40 315.70 232.10
61.70 50.40 173.70 34.40 95.55 20.30 244.60 269.60 224.10
64.60 46.50 189.90 34.80 107.64 22.10 243.80 273.00 225.80
66.10 45.40 208.20 26.30 105.36 21.10 241.50 285.90 236.30
62.90 51.30 191.30 24.30 96.55 17.40 227.20 254.10 222.50
57.90 53.10 193.00 23.40 92.82 17.30 222.00 224.18 207.30
61.50 51.70 180.10 22.90 87.82 16.60 216.10 249.09 204.40
LINDEBD DELTALIFE ACI ORIONPHA RENATA SQURPHARBATASHOE GP
865.00 188.00 343.94 54.00 697.00 232.00 1120.00 382.00
902.00 181.00 326.05 54.00 741.00 248.00 1244.00 374.00
899.00 148.00 273.52 46.00 703.00 224.00 1127.00 319.00
915.00 150.00 280.20 46.00 713.00 230.00 1172.00 362.00
896.00 135.00 255.84 43.00 723.00 226.00 1231.00 329.00
936.00 147.00 313.33 44.00 828.00 234.00 1380.00 335.00
911.00 146.00 384.62 42.00 834.00 234.00 1355.00 358.00
815.00 112.00 383.76 33.00 746.00 219.00 1144.00 324.00
825.00 112.00 435.54 38.00 777.00 219.00 1180.00 324.00
956.00 106.00 427.36 41.00 869.00 233.00 1260.00 330.00
1207.00 108.00 483.64 39.00 1081.00 242.00 1323.00 330.00
1109.00 107.00 452.07 37.00 1050.00 253.00 1305.00 317.00
1305.00 106.00 479.83 38.00 1087.00 249.00 1358.00 285.00
1187.00 91.00 459.50 35.00 1049.00 243.00 1352.00 249.00
1199.00 102.00 419.34 34.00 1086.00 254.00 1331.00 266.00
1138.00 122.00 464.13 37.00 1072.00 254.00 1318.00 253.00
1136.00 109.00 450.91 36.00 1076.00 259.00 1303.00 257.00
1123.00 104.00 458.84 39.00 1084.00 264.00 1236.00 257.00
1065.00 112.00 448.60 38.00 1071.00 251.00 1170.00 227.00
1200.00 91.00 434.13 34.00 1078.00 253.00 1170.00 246.00
1374.00 97.00 416.00 37.00 1106.00 260.00 1170.00 255.00
1437.00 96.00 413.73 37.00 1185.00 266.00 1205.00 255.00
1438.00 94.00 409.18 37.00 1124.00 267.00 1186.00 276.00
1386.80 98.60 395.36 37.30 1099.90 238.45 1180.70 263.90
1418.80 97.00 397.18 38.00 1104.20 244.18 1180.30 269.80
1315.90 92.30 376.55 35.30 1088.10 243.45 1171.40 273.20
1348.00 99.70 372.00 41.50 1091.20 244.90 1172.50 283.40
1296.00 100.60 350.45 42.10 1085.50 249.10 1142.00 284.10
1273.30 109.70 430.64 47.80 1100.90 259.90 1140.10 301.60
1282.90 109.60 423.00 53.20 1108.70 268.20 1130.40 309.00
1217.70 113.90 435.91 49.10 1088.40 277.90 1115.60 332.10
1224.40 104.60 456.27 46.30 1104.50 283.70 1129.30 337.60
1311.20 94.50 470.00 48.10 1098.70 282.00 1132.50 328.70
1277.50 99.00 469.55 50.80 1157.10 290.10 1131.30 344.40
1296.50 98.80 471.36 49.60 1135.60 282.80 1211.40 379.50
1241.80 102.00 508.73 48.80 991.57 266.14 1151.60 389.60
1217.90 108.90 526.46 47.90 1012.96 284.65 1149.50 415.30
1217.10 106.40 518.00 48.60 1041.91 276.65 1151.50 438.30
1279.50 115.80 470.40 49.10 1093.40 301.80 1155.30 471.40
1284.70 107.60 459.80 48.70 1124.20 301.80 1171.80 470.80
1278.90 100.60 429.20 47.20 1230.20 326.00 1181.70 502.40
1228.10 100.70 410.50 47.80 1261.10 313.30 1171.00 478.70
1225.80 107.50 399.10 47.80 1233.90 310.00 1184.30 462.00
1267.70 105.50 362.50 44.50 1261.90 306.90 1141.60 469.60
1248.40 100.60 337.20 40.90 1208.90 282.20 1133.80 414.80
1257.10 100.00 347.80 41.40 1296.50 293.10 1137.20 388.90
1214.50 97.70 363.00 41.20 1247.40 267.60 1110.30 390.20
1198.10 97.20 354.11 39.50 1058.70 259.25 1111.40 386.60
1160.10 102.80 328.50 38.20 1066.35 254.86 1094.90 370.40
1119.20 116.60 337.78 36.60 1108.00 249.72 1090.90 379.80
1224.00 107.20 325.20 36.50 1142.00 263.50 1131.40 362.70
1198.40 109.80 326.20 36.80 1141.60 254.20 1116.40 367.30
1268.60 111.90 299.30 37.80 1139.60 263.30 1121.40 398.20
1350.80 109.80 305.30 36.40 1167.00 273.80 1121.80 393.50
1188.10 105.30 305.30 33.30 1188.60 266.90 1150.30 409.20
1151.40 92.50 245.60 31.80 1176.70 259.90 960.20 358.70
1169.20 97.90 250.50 34.00 1171.30 254.80 992.60 355.10
1207.10 100.00 274.70 33.20 1198.40 264.30 1026.90 364.70
1192.00 94.00 255.40 32.30 1170.50 250.90 965.40 332.40
1330.10 96.30 286.10 32.50 1080.18 235.42 978.20 312.00
1301.20 91.10 255.20 28.90 1147.18 220.65 935.20 352.40
HEIDELBCEM Risk Free Rate
531.00
520.00 -0.16%
493.00 0.16%
499.00 0.00%
491.00 -0.49%
504.00 0.00%
450.00 0.00%
463.00 -0.49%
506.00 -2.89%
570.00 0.00%
635.00 -0.68%
603.00 0.00%
640.00 -0.69%
604.00 -2.07%
566.00 -3.08%
562.00 -0.73%
550.00 0.00%
541.00 0.73%
501.00 -1.09%
525.00 -0.28%
537.00 -0.28%
522.00 -0.92%
550.00 0.00%
534.90 0.00%
542.30 -8.68%
544.80 -14.30%
549.50 -2.50%
552.30 -2.20%
550.60 -15.13%
552.20 8.98%
517.10 -0.14%
479.50 -19.49%
447.30 11.60%
449.00 4.52%
454.60 1.59%
428.40 3.40%
428.60 4.12%
407.60 -3.03%
408.80 -1.49%
424.90 -3.72%
408.70 -1.29%
390.50 0.00%
376.40 -1.74%
375.90 -6.94%
343.00 0.00%
360.60 0.00%
351.40 0.00%
345.20 8.89%
346.20 1.46%
345.30 0.00%
337.90 0.43%
334.70 0.14%
349.90 0.00%
352.50 3.43%
344.00 2.07%
247.00 0.00%
239.50 -0.54%
242.20 -3.27%
193.80 -3.80%
208.50 9.65%
197.90 -6.67%
Monthly Average DSEX

Return
Annual average DSEX
Return
Risk Free Rate

E ( r) -9.52%
s( r) 17.43%
E( er) 0.00%
S( er) 0.00%
a (er)
b( er)
s(ei)
Weight
Risk Free rate 9.00%
MRP -8.45%
Potfolio alpha (ap) 28.80%
Portfolio Beta (bp) 0.9875
Portoflio Return 29.45%
Portfolio s (ei) 26.26%
Portfilio s 26.27%
Sharp Ratio 0.78
Risk Free Rate
E ( r) -9.52%
s( r) 17.43%
E( er) 0.00%
S( er) 0.00%
a (er)
b( er)
s(ei)
Weight
Risk Free rate 9.00%
MRP -8.45%
Potfolio alpha (ap) 21.95%
Portfolio Beta (bp) 0.9655
Portoflio Return 22.79%
Portfolio s (ei) 23.27%
Portfilio s 23.28%
Sharp Ratio 0.59
Historical R
DSEX Index Return ISLAMIBANK EBL BRACBANK DAFODILC BDLAMPS IPDC ICB
1.95% 8.00% 1.36% 8.38% 7.14% 4.13% 10.86% 9.64%

-7.81% -7.41% -8.78% 4.30% -26.67% -4.76% -6.70% -6.23%
2.00% -8.00% 0.40% 2.18% 18.18% -1.67% 6.08% -5.57%
-2.90% 4.35% 4.75% 6.17% 7.69% -11.86% -4.17% -2.01%
0.83% 0.00% 0.00% -2.28% 0.00% 16.35% 1.09% 2.19%
-4.89% -16.67% -8.77% -10.24% -14.29% -6.61% 3.48% -5.58%
-10.67% -19.06% 3.60% -3.80% -8.33% -8.66% -8.82% -24.65%
13.33% 12.50% 2.26% 5.77% 9.09% 0.97% 17.42% 11.52%
-0.08% -5.56% 9.51% 12.59% 8.33% 0.96% -4.40% 14.81%
4.56% 29.41% -2.28% 2.29% 7.69% 48.57% 15.52% 0.79%
-0.49% 36.36% -1.62% -2.72% 28.57% 6.41% 7.46% 8.06%
1.75% 3.33% 6.43% 5.37% -5.56% 22.89% 8.33% -0.51%
-5.93% -9.68% 5.63% 12.60% 11.76% -5.39% 14.10% -4.34%
0.36% 0.00% 1.07% 3.69% -4.60% 0.52% 17.60% -13.42%
0.52% 0.00% 0.72% 1.25% 5.56% 34.02% -1.59% -4.81%
-1.39% -7.14% 1.01% -2.46% 26.32% -5.38% 10.03% -5.80%
-0.64% -7.69% 3.80% -9.28% -4.17% -4.07% -6.18% 1.99%
-3.42% -4.17% -0.32% 3.72% -8.70% -23.19% 495.49% -2.73%
-3.71% -4.35% -1.48% -7.38% -4.76% -6.63% -0.44% -8.61%
5.33% 18.57% 5.13% 12.87% 20.00% -1.18% 11.48% 3.51%
2.00% 11.54% 14.83% 14.23% -4.17% 1.80% -3.59% 19.37%
0.39% 10.34% -3.09% 20.38% -8.70% 10.00% 20.13% -6.82%
0.03% -7.19% 1.41% -4.54% 3.81% 1.66% 24.91% -0.39%
3.72% 4.38% 2.45% -1.65% 20.64% -2.84% 8.46% 0.19%
-2.19% -0.32% -1.71% 0.00% 22.05% -7.58% -6.82% -6.58%
4.55% -2.91% 0.36% 9.19% 5.12% 3.34% 13.00% 2.16%
4.89% -1.00% 0.00% -2.00% 27.98% -1.08% 2.14% 4.70%
8.58% 51.85% 14.48% 5.62% -8.14% -0.63% -0.47% 57.04%
2.64% -2.00% 2.12% -1.02% 0.51% 1.96% 26.84% 1.95%
1.90% -7.01% -2.97% 29.39% -8.31% -3.56% 33.05% 14.35%
-4.27% -21.34% -2.33% 21.09% 17.31% -1.52% -11.86% 0.37%
-1.32% -3.11% 4.23% 6.59% -10.30% 2.26% -8.20% -6.51%
4.68% 3.21% 10.41% 3.99% 7.05% 0.93% 12.18% -2.67%
3.62% 10.25% 12.86% 8.80% 25.12% 6.06% 7.06% 11.22%
2.49% -7.04% 13.92% -2.28% -4.68% -1.57% -2.68% -7.26%
1.44% 4.55% 0.89% 0.12% -6.13% -7.09% -4.89% -0.72%
-1.20% -4.35% 4.19% 17.11% 13.29% 0.77% -4.02% 3.80%
4.77% 2.42% 13.53% 9.15% -9.62% 3.78% 13.03% -0.50%
-0.99% 8.28% -4.84% -1.28% -7.26% 6.44% 3.09% -4.36%
-3.28% -6.83% -14.29% -10.70% -4.38% -4.71% -0.41% -5.19%
-3.89% -7.04% -5.48% -5.37% -7.95% 6.07% 17.17% -8.70%
-3.57% -13.88% -2.90% 6.11% -14.66% -8.47% -15.27% -10.90%
2.53% -6.59% -4.23% 40.98% 15.64% 4.98% -1.74% 5.43%
-6.89% -7.42% -5.94% -15.05% -2.65% -7.77% -8.58% -5.15%
1.15% 1.28% -6.11% -4.43% 7.36% 48.42% 0.32% 23.01%
-1.90% -4.20% -6.51% -7.72% 11.17% 0.40% -5.48% -8.23%
5.62% 3.07% 17.09% 1.92% -3.42% -6.18% 39.04% -13.04%
-4.14% 0.85% -10.00% -6.77% -13.24% -5.09% -12.71% -9.94%
-1.58% -0.84% 5.11% -1.94% -12.53% -2.52% 2.84% 0.56%
-0.05% 0.00% -0.86% 3.27% 9.07% -7.17% -4.54% -1.90%
1.98% 2.98% 3.75% 0.00% 24.93% -1.84% 1.06% 3.39%
8.08% 12.40% -0.25% 7.97% 8.72% 20.66% 12.59% 5.68%
-1.88% -7.72% -2.78% 3.44% 4.43% -1.47% -9.32% -2.12%
-3.85% 3.59% -3.38% -4.19% -6.46% -0.77% 7.84% -2.91%
-5.26% -4.23% 9.96% 4.89% 8.86% -25.26% -4.18% -9.93%
3.36% -0.40% 0.57% 4.70% -7.74% 9.33% 1.16% 12.65%
0.82% -4.45% 1015.27% 2.32% -2.37% 9.64% -24.43% -2.12%
-5.22% -3.81% -1.85% -4.84% 13.00% -8.12% -7.60% -8.36%
-0.84% -1.32% -7.28% -7.95% 3.51% 1.04% -3.70% -3.86%
-2.91% -3.57% 1.45% 6.22% -2.64% -6.68% -2.14% -5.39%
0.05%
0.55%
Equal Weight Portfolio

DSEX Index ISLAMIBANK EBL BRACBANDAFODIL BDLAMPSIPDC ICB
0.55% 5.04% 216.90% 37.75% 35.49% 16.60% 137.99% 0.11%
14.69% 41.16% 454.08% 33.40% 42.87% 44.18% 223.90% 38.75%
10.07% 14.56% 226.42% 47.27% 45.01% 26.12% 147.51% 9.63%
22.75% 46.22% 455.48% 41.73% 49.95% 46.84% 223.96% 46.93%
0.00% 0.47% 205.25% 35.59% 32.33% 16.01% 145.70% -6.38%
1.0000 1.3990 2.1020 1.1602 1.2596 1.0044 0.1797 1.5899
0.00% 35.66% 453.03% 28.73% 38.67% 41.64% 223.88% 30.91%
0.05 0.05 0.05 0.05 0.05 0.05 0.05
Total Weight 1
Optimum Portfolio using S
DSEX Index ISLAMIBANK EBL BRACBANK DAFODILC BDLAMPS IPDC ICB
0.55% 5.04% 216.90% 37.75% 35.49% 16.60% 137.99% 0.11%
14.69% 41.16% 454.08% 33.40% 42.87% 44.18% 223.90% 38.75%
10.07% 14.56% 226.42% 47.27% 45.01% 26.12% 147.51% 9.63%
22.75% 46.22% 455.48% 41.73% 49.95% 46.84% 223.96% 46.93%
0.00% 0.47% 205.25% 35.59% 32.33% 16.01% 145.70% -6.38%
1.0000 1.3990 2.1020 1.1602 1.2596 1.0044 0.1797 1.5899
0.00% 35.66% 453.03% 28.73% 38.67% 41.64% 223.88% 30.91%
3.86% 4.35% 0.00% 4.54% 3.72% 0.00% 0.83%
Total Weight 1
Historical Return
LANKABAFIAMCL GEMINISEAOLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM
-11.83% 0.00% 4.12% 6.45% 4.28% -3.72% -5.20% 0.00%

-7.99% -11.59% 26.73% 50.51% -0.33% -18.23% -16.11% -14.81%
3.29% -1.80% 9.38% 4.90% 1.78% 1.35% 2.44% 0.33%
-6.61% 2.24% 13.57% 2.90% -2.08% -10.00% -8.69% -6.52%
-2.66% 5.09% -17.61% -3.42% 4.46% 8.89% 22.47% 2.33%
-3.75% -3.32% -4.58% -1.60% -2.55% -0.68% 22.75% -4.55%
-23.73% -13.75% 34.40% -5.13% -10.54% -23.29% -0.22% -21.43%
30.69% 8.94% -4.76% 4.22% 1.23% 0.00% 30.75% 15.15%
-11.74% -0.21% 4.38% 6.83% 15.88% -5.17% -1.88% 7.89%
7.15% 3.51% 17.37% 17.76% 26.26% 1.89% 13.17% -4.88%
-5.01% 17.15% 36.22% -0.18% -7.94% -0.93% -6.53% -5.13%
23.68% -2.33% -0.69% 9.64% 17.67% -0.93% 6.14% 2.70%
-14.89% -14.72% 12.08% -5.29% -9.04% -14.15% -4.24% -7.89%
-6.34% -3.87% -25.25% 25.19% 1.01% 12.09% -8.74% -2.86%
3.92% 10.32% -5.41% 4.14% -5.09% 19.61% 10.68% 9.23%
-5.14% -3.09% 2.38% 0.92% -0.18% -10.66% -2.85% -2.70%
48.30% -1.11% 73.02% 8.87% -1.14% -4.59% 1.76% 8.33%
12.89% -1.48% 37.90% 2.95% -5.06% 7.69% -2.23% -2.56%
-7.50% 0.62% 30.99% 3.58% 12.68% -18.75% -3.23% -10.53%
-11.24% 0.41% -5.80% 7.54% 14.50% 6.59% 5.68% 8.82%
-0.73% 0.46% -4.27% 5.73% 4.59% -0.84% -0.55% 0.00%
0.74% 5.72% 21.62% -1.74% 0.07% -2.08% -1.10% 0.00%
-0.37% 7.59% 20.21% -10.99% -3.42% 4.89% -3.38% 0.81%
18.40% -3.28% 38.35% 1.39% 2.31% -1.62% 0.46% 1.88%
-19.41% -7.15% -7.06% -1.37% -7.25% -4.85% -5.19% -7.11%
5.57% 2.06% -1.49% 8.05% 2.44% 8.02% -1.21% 17.56%
22.09% 1.91% -4.64% 4.16% -3.86% 0.90% -5.58% 1.80%
38.22% 5.49% -10.05% 0.32% -1.75% 9.05% 22.88% 13.54%
32.00% -0.82% 5.14% -0.52% 0.75% -0.09% -1.77% 11.30%
15.75% -3.55% -9.04% -6.41% -4.99% 3.92% 3.05% -7.71%
-17.06% 0.24% -6.75% -3.62% 0.55% -8.17% 4.67% -5.70%
-7.35% 0.05% -4.18% -3.32% 7.09% -9.44% 13.31% 3.89%
13.42% 3.05% 6.06% 3.92% -2.57% 4.76% -0.10% 5.61%
5.94% -0.74% -1.00% 3.12% 1.49% -0.20% 0.39% -2.36%
2.88% 1.40% -52.52% -4.70% -4.06% 3.24% 7.93% -1.61%
0.82% -3.76% 117.02% -0.73% -1.92% 6.76% 3.49% -1.84%
4.57% -1.43% 60.20% -5.74% -0.07% -2.30% -1.61% 1.46%
11.49% 8.08% 15.49% 11.60% 5.13% 8.83% -9.10% 1.33%
-6.26% -0.49% -6.79% 1.02% 0.41% -7.08% -2.25% -0.81%
-13.40% -3.92% -14.60% -1.25% -0.45% -6.51% -6.66% -3.08%
-15.68% 0.98% 4.25% -8.89% -3.97% 0.10% -4.36% 1.27%
-2.41% -0.51% -0.84% 6.01% 0.09% 6.75% -2.78% 0.00%
1.02% 5.04% 3.49% -4.00% 3.42% -1.86% -9.17% -6.90%
-11.78% -6.00% -7.78% -10.11% -1.52% -4.64% 2.32% -8.09%
2.29% 10.26% 18.77% -5.44% 0.70% -0.35% 3.14% 1.22%
-5.60% 0.90% -9.03% -7.98% -3.39% -2.30% 4.37% -0.48%
18.58% 2.97% -15.12% -2.32% -1.35% -0.51% -2.45% -4.13%
-13.00% -1.86% -5.10% 1.64% -3.17% 5.76% -7.23% -3.29%
-10.73% -5.30% -15.08% 6.59% -3.53% 13.42% 2.82% -4.19%
-3.00% 3.02% 30.91% -0.08% 9.36% -8.06% 0.00% 0.14%
1.33% 3.80% -1.92% -0.78% -2.09% 2.43% 0.31% 0.82%
17.90% 2.45% 6.77% 11.19% 5.86% 1.91% -8.25% 2.72%
-3.70% 5.15% -0.65% -3.49% 6.48% -1.88% 2.00% -3.70%
-13.56% -3.40% -5.85% 0.04% -11.73% -4.10% 0.00% -8.52%
-8.97% -2.32% -14.60% 0.05% 4.05% -12.16% -19.55% -4.50%
8.87% -0.33% 1.26% 3.40% 3.40% 5.84% 2.00% 6.92%
-4.52% -0.94% 4.73% 4.65% 3.24% 2.15% 9.66% -2.35%
-17.54% -5.92% -11.12% -5.84% -1.25% -5.72% -7.03% -2.71%
-0.57% -2.29% -11.77% -6.83% 11.59% 2.45% 12.02% 0.62%
-4.05% -2.66% 11.11% -1.40% -2.17% -5.40% -10.80% -11.08%
l Weight Portfolio
LANKABAAMCL GEMINISEOLYMPIC LINDEBD DELTALIFE ACI ORIONPHAR
10.73% 0.99% 76.51% 23.22% 12.86% -10.39% 8.13% -9.27%
50.41% 18.89% 85.94% 31.60% 23.51% 27.22% 31.65% 23.82%
20.25% 10.51% 86.03% 32.74% 22.38% -0.87% 17.65% 0.25%
52.09% 25.16% 87.09% 36.46% 27.34% 31.93% 35.83% 28.60%
5.78% 1.83% 83.44% 25.60% 15.42% -10.66% 8.54% -9.85%
1.4367 0.8621 0.2574 0.7089 0.6912 0.9718 0.9042 1.0033
45.78% 14.01% 85.86% 29.83% 21.20% 23.18% 28.72% 18.71%
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Portfolio using Solver
LANKABAFIAMCL GEMINISEAOLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM
10.73% 0.99% 76.51% 23.22% 12.86% -10.39% 8.13% -9.27%
50.41% 18.89% 85.94% 31.60% 23.51% 27.22% 31.65% 23.82%
20.25% 10.51% 86.03% 32.74% 22.38% -0.87% 17.65% 0.25%
52.09% 25.16% 87.09% 36.46% 27.34% 31.93% 35.83% 28.60%
5.78% 1.83% 83.44% 25.60% 15.42% -10.66% 8.54% -9.85%
1.4367 0.8621 0.2574 0.7089 0.6912 0.9718 0.9042 1.0033
45.78% 14.01% 85.86% 29.83% 21.20% 23.18% 28.72% 18.71%
15.34% 1.92% 9.50% 4.24% 6.91% 1.80% 5.79% 20.32%
RENATA SQURPHARBATASHOE GP HEIDELBCEM Risk Free Rate
6.31% 6.90% 11.07% -2.09% -2.07% 0.00%

-5.13% -9.68% -9.41% -14.71% -5.19% 0.00%
1.42% 2.68% 4.14% 13.48% 1.22% 0.00%
1.40% -1.74% 5.03% -9.12% -1.60% 0.00%
14.52% 3.54% 12.10% 2.02% 2.65% 0.00%
0.72% 0.00% -1.81% 6.87% -9.87% 0.00%
-10.55% -6.41% 25.90% -9.50% 2.89% 0.00%
25.09% 0.00% 3.24% 0.00% 9.29% 0.00%
11.84% 6.39% 6.78% 1.85% 12.65% 0.00%
24.40% 3.86% 5.00% 0.24% 11.40% 0.00%
-2.87% 17.73% -1.36% -3.94% -5.04% 0.00%
3.52% -1.58% 4.06% -10.09% 6.14% 0.00%
-3.50% -2.41% -0.44% -12.63% -5.63% 0.00%
3.53% 4.53% -1.55% 6.83% -6.29% 0.00%
-1.29% 0.00% -0.81% -4.89% -0.71% 0.00%
0.37% 1.97% -1.14% 1.58% -2.14% 0.00%
0.74% 1.93% -5.14% 0.23% -1.64% 0.00%
-1.20% -4.92% -5.34% -11.67% -6.79% 0.00%
0.65% 0.80% 0.00% 8.37% 4.79% 0.00%
18.06% 2.77% 0.09% 3.66% 2.29% 0.00%
7.14% 2.31% 2.99% 0.00% -2.79% 0.00%
-5.15% 0.38% -1.58% 8.24% 5.36% 0.00%
-2.14% -10.69% -0.45% -4.38% -2.75% 0.00%
0.39% 2.40% -0.03% 2.24% 1.38% 0.00%
-1.46% -0.30% -0.75% 1.26% 0.46% 0.00%
0.28% 10.82% 0.09% 3.73% 0.86% 0.00%
-0.52% 1.71% -2.40% 0.25% 0.51% 0.00%
1.42% 4.34% -0.17% 6.16% -0.31% 0.00%
0.74% 3.19% -0.85% 2.74% 0.29% 0.00%
-1.83% 3.62% -1.31% 7.48% -5.78% 0.00%
1.48% 2.09% 1.23% 1.66% -7.27% 0.00%
-0.53% -0.60% 0.38% -2.64% -6.72% 0.00%
5.32% 2.87% -0.11% 4.78% 0.38% 0.00%
-1.86% -2.52% 7.08% 10.19% 1.25% 0.00%
-12.68% -5.89% -4.94% 2.93% -5.76% 0.00%
2.16% 6.95% -0.18% 6.60% 0.05% 0.00%
2.86% -2.81% 0.17% 5.54% -4.90% 0.00%
5.02% 17.39% 0.33% 7.55% 0.29% 0.00%
2.82% 0.00% 1.62% -0.13% 3.94% 0.00%
9.43% 8.02% 0.84% 6.71% -3.81% 0.00%
2.51% -3.90% -0.91% -4.51% -4.45% 0.00%
-2.16% -1.05% 1.14% -3.49% -3.61% 0.00%
2.27% -1.00% -3.61% 1.65% -0.13% 0.00%
-4.20% -8.05% -0.39% -11.67% -8.32% 0.00%
7.25% 3.86% 0.30% -6.24% 5.13% 0.00%
-3.79% -8.70% -2.37% 0.33% -2.55% 0.00%
-15.13% -3.12% 0.10% -0.92% -1.76% 0.00%
0.72% -1.69% -1.48% -4.19% 0.29% 0.00%
3.91% -2.02% -0.37% 2.54% -0.26% 0.00%
18.61% 13.04% 3.71% -4.50% -2.14% 0.00%
-0.04% -3.53% -1.33% 1.27% -0.95% 0.00%
-0.18% 3.58% 0.45% 8.41% 4.54% 0.00%
2.40% 3.99% 0.04% -0.47% 0.74% 0.00%
1.85% -2.52% 2.54% 3.99% -2.41% 0.00%
-1.00% -2.62% -16.53% -12.34% -28.20% 0.00%
-0.46% -1.96% 3.72% -1.00% -2.72% 0.00%
2.31% 3.73% 3.46% 2.70% 1.13% 0.00%
-2.33% -5.07% -5.99% -8.86% -19.98% 0.00%
-7.72% -6.17% 1.33% -5.85% 7.59% 0.00%
6.20% -6.27% -4.40% 12.95% -5.08% 0.00%
RENATA SQURPHABATASHOGP HEIDELBCEM

22.40% 8.03% 6.36% 1.44% -16.43%
25.34% 19.74% 18.69% 22.61% 21.88%
31.92% 17.55% 15.88% 10.96% -6.90%
32.90% 27.35% 25.13% 30.18% 26.92%
22.01% 8.92% 9.96% 1.17% -15.13%
0.9845 0.8575 0.5886 0.9717 0.8171
20.80% 15.20% 16.57% 17.54% 18.29%
0.05 0.05 0.05 0.05 0.05
RENATA SQURPHARBATASHOE GP HEIDELBCEM
22.40% 8.03% 6.36% 1.44% -16.43%
25.34% 19.74% 18.69% 22.61% 21.88%
31.92% 17.55% 15.88% 10.96% -6.90%
32.90% 27.35% 25.13% 30.18% 26.92%
22.01% 8.92% 9.96% 1.17% -15.13%
0.9845 0.8575 0.5886 0.9717 0.8171
20.80% 15.20% 16.57% 17.54% 18.29%
0.00% 0.00% 16.88% 0.00% 0.00%
DSEX Index ISLAMIBANK EBL BRACBANK DAFODILCOM
2.11% 8.16% 1.52% 8.55% 7.31%

-7.97% -7.57% -8.94% 4.13% -26.83%
2.00% -8.00% 0.40% 2.18% 18.18%
-2.41% 4.84% 5.24% 6.66% 8.18%
0.83% 0.00% 0.00% -2.28% 0.00%
-4.89% -16.67% -8.77% -10.24% -14.29%
-10.17% -18.57% 4.09% -3.31% -7.84%
16.23% 15.39% 5.15% 8.67% 11.98%
-0.08% -5.56% 9.51% 12.59% 8.33%
5.25% 30.09% -1.60% 2.97% 8.37%
-0.49% 36.36% -1.62% -2.72% 28.57%
2.43% 4.02% 7.11% 6.06% -4.87%
-3.86% -7.61% 7.70% 14.67% 13.84%
3.45% 3.08% 4.16% 6.77% -1.51%
1.25% 0.73% 1.45% 1.97% 6.28%
-1.39% -7.14% 1.01% -2.46% 26.32%
-1.37% -8.42% 3.07% -10.02% -4.90%
-2.33% -3.08% 0.77% 4.82% -7.60%
-3.44% -4.07% -1.20% -7.11% -4.49%
5.61% 18.84% 5.40% 13.15% 20.28%
2.92% 12.46% 15.75% 15.15% -3.24%
0.39% 10.34% -3.09% 20.38% -8.70%
0.03% -7.19% 1.41% -4.54% 3.81%
12.40% 13.05% 11.13% 7.03% 29.32%
12.11% 13.98% 12.59% 14.30% 36.35%
7.06% -0.41% 2.87% 11.69% 7.62%
7.09% 1.20% 2.20% 0.21% 30.18%
23.71% 66.98% 29.61% 20.74% 6.99%
-6.34% -10.98% -6.86% -10.00% -8.48%
2.04% -6.88% -2.84% 29.53% -8.18%
15.22% -1.86% 17.16% 40.57% 36.79%
-12.92% -14.70% -7.37% -5.00% -21.90%
0.16% -1.31% 5.89% -0.52% 2.53%
2.03% 8.66% 11.27% 7.21% 23.54%
-0.92% -10.45% 10.52% -5.68% -8.08%
-2.68% 0.43% -3.23% -4.00% -10.25%
1.83% -1.32% 7.22% 20.14% 16.32%
6.27% 3.92% 15.03% 10.64% -8.12%
2.74% 12.01% -1.12% 2.45% -3.54%
-1.99% -5.54% -13.00% -9.41% -3.09%
-3.89% -7.04% -5.48% -5.37% -7.95%
-1.83% -12.14% -1.16% 7.86% -12.92%
9.48% 0.35% 2.71% 47.92% 22.59%
-6.89% -7.42% -5.94% -15.05% -2.65%
1.15% 1.28% -6.11% -4.43% 7.36%
-1.90% -4.20% -6.51% -7.72% 11.17%
-3.27% -5.82% 8.20% -6.97% -12.31%
-5.59% -0.61% -11.46% -8.22% -14.70%
-1.58% -0.84% 5.11% -1.94% -12.53%
-0.49% -0.43% -1.29% 2.84% 8.64%
1.83% 2.84% 3.60% -0.14% 24.79%
8.08% 12.40% -0.25% 7.97% 8.72%
-5.30% -11.15% -6.21% 0.01% 1.00%
-5.92% 1.51% -5.45% -6.26% -8.54%
-5.26% -4.23% 9.96% 4.89% 8.86%
3.90% 0.14% 1.11% 5.24% -7.20%
4.08% -1.19% 1018.54% 5.59% 0.90%
-1.42% -0.02% 1.95% -1.04% 16.79%
-10.49% -10.97% -16.93% -17.60% -6.14%
3.76% 3.10% 8.12% 12.88% 4.03%
Excess Return
BDLAMPS IPDC ICB LANKABAFIN
4.30% 11.02% 9.81% -11.67%

-4.93% -6.86% -6.39% -8.15%
-1.67% 6.08% -5.57% 3.29%
-11.37% -3.68% -1.51% -6.12%
16.35% 1.09% 2.19% -2.66%
-6.61% 3.48% -5.58% -3.75%
-8.16% -8.33% -24.16% -23.23%
3.86% 20.31% 14.41% 33.59%
0.96% -4.40% 14.81% -11.74%
49.25% 16.20% 1.48% 7.83%
6.41% 7.46% 8.06% -5.01%
23.58% 9.02% 0.17% 24.37%
-3.32% 16.17% -2.27% -12.82%
3.60% 20.69% -10.34% -3.26%
34.75% -0.87% -4.08% 4.65%
-5.38% 10.03% -5.80% -5.14%
-4.80% -6.91% 1.26% 47.57%
-22.10% 496.58% -1.64% 13.98%
-6.35% -0.17% -8.33% -7.22%
-0.91% 11.76% 3.78% -10.97%
2.72% -2.66% 20.29% 0.19%
10.00% 20.13% -6.82% 0.74%
1.66% 24.91% -0.39% -0.37%
5.83% 17.13% 8.87% 27.07%
6.72% 7.48% 7.72% -5.11%
5.84% 15.50% 4.66% 8.08%
1.12% 4.34% 6.90% 24.29%
14.49% 14.65% 72.17% 53.35%
-7.02% 17.85% -7.04% 23.02%
-3.43% 33.18% 14.48% 15.88%
17.96% 7.63% 19.85% 2.42%
-9.33% -19.80% -18.11% -18.95%
-3.59% 7.66% -7.19% 8.90%
4.47% 5.48% 9.64% 4.36%
-4.98% -6.08% -10.66% -0.52%
-11.20% -9.01% -4.84% -3.30%
3.81% -0.99% 6.83% 7.60%
5.28% 14.53% 1.00% 12.99%
10.16% 6.81% -0.64% -2.54%
-3.42% 0.88% -3.90% -12.11%
6.07% 17.17% -8.70% -15.68%
-6.73% -13.53% -9.16% -0.67%
11.92% 5.20% 12.37% 7.96%
-7.77% -8.58% -5.15% -11.78%
48.42% 0.32% 23.01% 2.29%
0.40% -5.48% -8.23% -5.60%
-15.07% 30.16% -21.93% 9.69%
-6.55% -14.17% -11.40% -14.46%
-2.52% 2.84% 0.56% -10.73%
-7.60% -4.97% -2.34% -3.44%
-1.99% 0.92% 3.24% 1.18%
20.66% 12.59% 5.68% 17.90%
-4.90% -12.74% -5.55% -7.13%
-2.84% 5.76% -4.98% -15.63%
-25.26% -4.18% -9.93% -8.97%
9.87% 1.70% 13.19% 9.41%
12.90% -21.16% 1.15% -1.26%
-4.32% -3.81% -4.56% -13.74%
-8.61% -13.35% -13.51% -10.22%
-0.02% 4.53% 1.28% 2.62%
Return
0.16% 4.29% 6.61% 4.44% -3.56% -5.04%

-11.76% 26.57% 50.34% -0.50% -18.40% -16.27%
-1.80% 9.38% 4.90% 1.78% 1.35% 2.44%
2.73% 14.06% 3.40% -1.59% -9.51% -8.20%
5.09% -17.61% -3.42% 4.46% 8.89% 22.47%
-3.32% -4.58% -1.60% -2.55% -0.68% 22.75%
-13.25% 34.89% -4.64% -10.04% -22.79% 0.27%
11.83% -1.87% 7.11% 4.12% 2.89% 33.64%
-0.21% 4.38% 6.83% 15.88% -5.17% -1.88%
4.19% 18.05% 18.44% 26.94% 2.57% 13.85%
17.15% 36.22% -0.18% -7.94% -0.93% -6.53%
-1.65% -0.01% 10.32% 18.36% -0.25% 6.83%
-12.65% 14.15% -3.22% -6.97% -12.08% -2.17%
-0.79% -22.17% 28.27% 4.09% 15.17% -5.66%
11.05% -4.68% 4.87% -4.36% 20.34% 11.41%
-3.09% 2.38% 0.92% -0.18% -10.66% -2.85%
-1.84% 72.29% 8.14% -1.88% -5.32% 1.03%
-0.39% 38.99% 4.04% -3.97% 8.78% -1.14%
0.90% 31.27% 3.86% 12.95% -18.47% -2.95%
0.69% -5.53% 7.82% 14.78% 6.87% 5.96%
1.39% -3.34% 6.65% 5.51% 0.08% 0.38%
5.72% 21.62% -1.74% 0.07% -2.08% -1.10%
7.59% 20.21% -10.99% -3.42% 4.89% -3.38%
5.40% 47.03% 10.07% 10.98% 7.05% 9.14%
7.15% 7.24% 12.93% 7.05% 9.45% 9.11%
4.56% 1.01% 10.55% 4.94% 10.52% 1.29%
4.12% -2.44% 6.36% -1.66% 3.10% -3.38%
20.62% 5.07% 15.45% 13.37% 24.17% 38.01%
-9.81% -3.84% -9.50% -8.23% -9.07% -10.76%
-3.41% -8.91% -6.28% -4.86% 4.06% 3.19%
19.72% 12.74% 15.87% 20.04% 11.32% 24.16%
-11.55% -15.77% -14.92% -4.51% -21.04% 1.71%
-1.47% 1.54% -0.60% -7.09% 0.24% -4.61%
-2.32% -2.58% 1.54% -0.10% -1.79% -1.20%
-2.01% -55.93% -8.10% -7.46% -0.17% 4.52%
-7.88% 112.91% -4.85% -6.04% 2.65% -0.63%
1.60% 63.23% -2.71% 2.96% 0.73% 1.42%
9.57% 16.99% 13.09% 6.62% 10.33% -7.61%
3.23% -3.06% 4.74% 4.13% -3.36% 1.47%
-2.63% -13.31% 0.04% 0.84% -5.22% -5.37%
0.98% 4.25% -8.89% -3.97% 0.10% -4.36%
1.23% 0.90% 7.76% 1.83% 8.49% -1.04%
11.98% 10.43% 2.94% 10.36% 5.08% -2.23%
-6.00% -7.78% -10.11% -1.52% -4.64% 2.32%
10.26% 18.77% -5.44% 0.70% -0.35% 3.14%
0.90% -9.03% -7.98% -3.39% -2.30% 4.37%
-5.92% -24.01% -11.21% -10.24% -9.40% -11.34%
-3.31% -6.56% 0.18% -4.63% 4.30% -8.69%
-5.30% -15.08% 6.59% -3.53% 13.42% 2.82%
2.59% 30.48% -0.51% 8.93% -8.49% -0.43%
3.65% -2.07% -0.92% -2.23% 2.28% 0.16%
2.45% 6.77% 11.19% 5.86% 1.91% -8.25%
1.72% -4.08% -6.92% 3.05% -5.31% -1.42%
-5.47% -7.92% -2.03% -13.80% -6.17% -2.07%
-2.32% -14.60% 0.05% 4.05% -12.16% -19.55%
0.21% 1.80% 3.94% 3.94% 6.38% 2.54%
2.32% 7.99% 7.92% 6.51% 5.41% 12.93%
-2.12% -7.33% -2.04% 2.55% -1.93% -3.23%
-11.94% -21.42% -16.48% 1.94% -7.20% 2.37%
4.01% 17.78% 5.27% 4.49% 1.27% -4.13%
ORIONPHARM RENATA SQURPHARBATASHOE GP HEIDELBCEM
0.16% 6.48% 7.06% 11.24% -1.93% -1.91%

-14.98% -5.29% -9.84% -9.57% -14.87% -5.36%
0.33% 1.42% 2.68% 4.14% 13.48% 1.22%
-6.03% 1.89% -1.25% 5.53% -8.63% -1.11%
2.33% 14.52% 3.54% 12.10% 2.02% 2.65%
-4.55% 0.72% 0.00% -1.81% 6.87% -9.87%
-20.94% -10.06% -5.92% 26.40% -9.00% 3.38%
18.04% 27.98% 2.89% 6.13% 2.89% 12.18%
7.89% 11.84% 6.39% 6.78% 1.85% 12.65%
-4.20% 25.08% 4.54% 5.68% 0.92% 12.08%
-5.13% -2.87% 17.73% -1.36% -3.94% -5.04%
3.39% 4.21% -0.90% 4.75% -9.41% 6.82%
-5.82% -1.43% -0.34% 1.63% -10.56% -3.55%
0.23% 6.61% 7.61% 1.53% 9.91% -3.21%
9.96% -0.56% 0.73% -0.09% -4.16% 0.02%
-2.70% 0.37% 1.97% -1.14% 1.58% -2.14%
7.60% 0.01% 1.20% -5.87% -0.50% -2.37%
-1.47% -0.11% -3.83% -4.25% -10.58% -5.70%
-10.25% 0.93% 1.07% 0.28% 8.65% 5.07%
9.10% 18.34% 3.04% 0.37% 3.94% 2.56%
0.92% 8.07% 3.23% 3.92% 0.92% -1.87%
0.00% -5.15% 0.38% -1.58% 8.24% 5.36%
0.81% -2.14% -10.69% -0.45% -4.38% -2.75%
10.55% 9.07% 11.08% 8.64% 10.91% 10.06%
7.20% 12.84% 14.00% 13.55% 15.56% 14.76%
20.07% 2.79% 13.32% 2.60% 6.24% 3.37%
4.00% 1.68% 3.92% -0.20% 2.45% 2.71%
28.66% 16.54% 19.46% 14.96% 21.28% 14.82%
2.31% -8.24% -5.79% -9.83% -6.24% -8.69%
-7.57% -1.70% 3.75% -1.17% 7.61% -5.64%
13.78% 20.97% 21.57% 20.71% 21.14% 12.21%
-7.71% -12.12% -12.20% -11.22% -14.23% -18.31%
1.10% 0.80% -1.65% -4.62% 0.26% -4.14%
-3.95% -3.44% -4.10% 5.50% 8.61% -0.34%
-5.02% -16.09% -9.30% -8.34% -0.47% -9.17%
-5.96% -1.96% 2.84% -4.30% 2.48% -4.07%
4.49% 5.89% 0.22% 3.20% 8.57% -1.87%
2.83% 6.52% 18.88% 1.82% 9.05% 1.79%
2.91% 6.54% 3.72% 5.35% 3.60% 7.66%
-1.79% 10.72% 9.31% 2.13% 8.00% -2.52%
1.27% 2.51% -3.90% -0.91% -4.51% -4.45%
1.74% -0.42% 0.69% 2.88% -1.75% -1.87%
0.04% 9.21% 5.94% 3.34% 8.59% 6.81%
-8.09% -4.20% -8.05% -0.39% -11.67% -8.32%
1.22% 7.25% 3.86% 0.30% -6.24% 5.13%
-0.48% -3.79% -8.70% -2.37% 0.33% -2.55%
-13.02% -24.02% -12.01% -8.79% -9.81% -10.65%
-4.75% -0.74% -3.15% -2.94% -5.65% -1.17%
-4.19% 3.91% -2.02% -0.37% 2.54% -0.26%
-0.29% 18.18% 12.61% 3.28% -4.93% -2.57%
0.68% -0.18% -3.67% -1.47% 1.13% -1.09%
2.72% -0.18% 3.58% 0.45% 8.41% 4.54%
-7.13% -1.02% 0.56% -3.39% -3.90% -2.69%
-10.59% -0.22% -4.59% 0.47% 1.92% -4.48%
-4.50% -1.00% -2.62% -16.53% -12.34% -28.20%
7.46% 0.08% -1.42% 4.26% -0.46% -2.18%
0.91% 5.58% 6.99% 6.72% 5.97% 4.39%
1.09% 1.47% -1.27% -2.19% -5.06% -16.19%
-9.03% -17.37% -15.82% -8.32% -15.50% -2.06%
-4.41% 12.87% 0.39% 2.27% 19.62% 1.58%
Short Sale and Risk free Lending and Short Sale Not Allowed and Risk free
Borrowing Allowed Lending and Borrowing Allowed
Sharpe Ratio 1. Sharpe Ratio

Rp 30.33% Rp 3.34%
RF 0.75% RF 0.75%
sp 34.13% sp 5.68%
Ratio 0.8667 Ratio 0.4560
2. Treynor Ratio 2. Treynor Ratio

Rp 30.33% Rp 3.34%
RF 0.75% RF 0.75%
bp 0.9875 bp 0.9875
3. Jensen Alpha 3. Jensen Alpha

Rp 30.33% Rp 3.34%
RF 0.75% RF 0.75%
bp 0.9875 bp 0.9875
Rm 0.05% Rm 0.05%
4. Information Ratio 4. Information Ratio

Active Return 2.39% Active Return 2.39%
Active Risk 7.59% Active Risk 7.59%
Single Index Model Using Base Case Single Index Model Using Solver
1. Sharpe Ratio 1. Sharpe Ratio

Rp 29.45% Rp 22.79%
RF 9.00% RF 9.00%
sp 26.27% sp 23.28%
2. Treynor Ratio 2. Treynor Ratio

Rp 29.45% Rp 22.79%
RF 9.00% RF 9.00%
bp 0.9875 bp 0.9655
3. Jensen Alpha 3. Jensen Alpha

Rp 29.45% Rp 22.79%
RF 9.00% RF 9.00%
bp 0.9875 bp 0.9655
Rm 0.55% Rm 0.55%
4. Information Ratio 4. Information Ratio

Active Return 2.39% Active Return 2.39%
Active Risk 7.59% Active Risk 7.59%
Sharpe Ratio Calculation
Short Sale and
Short Sale Not
Risk free Single Index Single Index
Allowed and Risk
Particulars Lending and Model Using Model Using
free Lending and
Borrowing Base Case Solver
Borrowing Allowed
Rp Allowed5.47% 3.64% 28.46% 39.84%
RF 0.58% 0.58% 7.00% 7.00%
sp 5.46% 4.95% 10.25% 11.21%
Ratio 0.8955 0.6172 2.0927 2.9291
Treynor Ratio Calculation

Short Sale and
Short Sale Not
Allowed and Risk
free Lending and
Borrowing Allowed
Allowed
Rp 5.47% 3.64% 28.46% 39.84%
RF 0.58% 0.58% 7.00% 7.00%
βp 0.8640 0.8640 0.8640 0.7281
Ratio 0.0566 0.0353 0.2483 0.4511
Jensen Alpha Calculation

Short Sale and
Short Sale Not
Allowed and Risk
free Lending and
Borrowing Allowed
Allowed
Rp 5.47% 3.64% 28.46% 39.84%
RF 0.58% 0.58% 7.00% 7.00%
bp 0.8640 0.8640 0.8640 0.7281
Rm 0.60% 0.60% 7.17% 7.17%
Ratio 0.0488 0.0304 0.2131 0.3272
Short Sale and Risk free Short Sale Not Allowed
Particulars Lending and Borrowing and Risk free Lending and
Allowed Borrowing Allowed
Sharp Ratio 0.8955 0.6172
Treynor Ratio 0.0566 0.0353
Jensen Alpha 0.0488 0.0304
Single Index
Single Index Model
Model Using
Using Base Case
Solver
2.0927 2.9291
0.2483 0.4511
0.2131 0.3272
1 2 3 4
Weight 0.05 0.05 0.05 0.05
DSEX IndexISLAMIBANKEBL BRACBANK DAFODIL
1.95% 8.00% 1.36% 8.38% 7.14%
-7.81% -7.41% -8.78% 4.30% -26.67%
2.00% -8.00% 0.40% 2.18% 18.18%
-2.90% 4.35% 4.75% 6.17% 7.69%
0.83% 0.00% 0.00% -2.28% 0.00%
-4.89% -16.67% -8.77% -10.24% -14.29%
-10.67% -19.06% 3.60% -3.80% -8.33%
13.33% 12.50% 2.26% 5.77% 9.09%
-0.08% -5.56% 9.51% 12.59% 8.33%
4.56% 29.41% -2.28% 2.29% 7.69%
-0.49% 36.36% -1.62% -2.72% 28.57%
1.75% 3.33% 6.43% 5.37% -5.56%
-5.93% -9.68% 5.63% 12.60% 11.76%
0.36% 0.00% 1.07% 3.69% -4.60%
0.52% 0.00% 0.72% 1.25% 5.56%
-1.39% -7.14% 1.01% -2.46% 26.32%
-0.64% -7.69% 3.80% -9.28% -4.17%
-3.42% -4.17% -0.32% 3.72% -8.70%
-3.71% -4.35% -1.48% -7.38% -4.76%
5.33% 18.57% 5.13% 12.87% 20.00%
2.00% 11.54% 14.83% 14.23% -4.17%
0.39% 10.34% -3.09% 20.38% -8.70%
0.03% -7.19% 1.41% -4.54% 3.81%
3.72% 4.38% 2.45% -1.65% 20.64%
-2.19% -0.32% -1.71% 0.00% 22.05%
4.55% -2.91% 0.36% 9.19% 5.12%
4.89% -1.00% 0.00% -2.00% 27.98%
8.58% 51.85% 14.48% 5.62% -8.14%
2.64% -2.00% 2.12% -1.02% 0.51%
1.90% -7.01% -2.97% 29.39% -8.31%
-4.27% -21.34% -2.33% 21.09% 17.31%
-1.32% -3.11% 4.23% 6.59% -10.30%
4.68% 3.21% 10.41% 3.99% 7.05%
3.62% 10.25% 12.86% 8.80% 25.12%
2.49% -7.04% 13.92% -2.28% -4.68%
1.44% 4.55% 0.89% 0.12% -6.13%
-1.20% -4.35% 4.19% 17.11% 13.29%
4.77% 2.42% 13.53% 9.15% -9.62%
-0.99% 8.28% -4.84% -1.28% -7.26%
-3.28% -6.83% -14.29% -10.70% -4.38%
-3.89% -7.04% -5.48% -5.37% -7.95%
-3.57% -13.88% -2.90% 6.11% -14.66%
2.53% -6.59% -4.23% 40.98% 15.64%
-6.89% -7.42% -5.94% -15.05% -2.65%
1.15% 1.28% -6.11% -4.43% 7.36%
-1.90% -4.20% -6.51% -7.72% 11.17%
5.62% 3.07% 17.09% 1.92% -3.42%
-4.14% 0.85% -10.00% -6.77% -13.24%
-1.58% -0.84% 5.11% -1.94% -12.53%
-0.05% 0.00% -0.86% 3.27% 9.07%
1.98% 2.98% 3.75% 0.00% 24.93%
8.08% 12.40% -0.25% 7.97% 8.72%
-1.88% -7.72% -2.78% 3.44% 4.43%
-3.85% 3.59% -3.38% -4.19% -6.46%
-5.26% -4.23% 9.96% 4.89% 8.86%
3.36% -0.40% 0.57% 4.70% -7.74%
0.82% -4.45% 1015.27% 2.32% -2.37%
-5.22% -3.81% -1.85% -4.84% 13.00%
-0.84% -1.32% -7.28% -7.95% 3.51%
-2.91% -3.57% 1.45% 6.22% -2.64%
5 6 7 8 9 10 11 12
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
BDLAMPSIPDC ICB LANKABAFIAMCL GEMINISEOLYMPIC LINDEBD
4.13% 10.86% 9.64% -11.83% 0.00% 4.12% 6.45% 4.28%
-4.76% -6.70% -6.23% -7.99% -11.59% 26.73% 50.51% -0.33%
-1.67% 6.08% -5.57% 3.29% -1.80% 9.38% 4.90% 1.78%
-11.86% -4.17% -2.01% -6.61% 2.24% 13.57% 2.90% -2.08%
16.35% 1.09% 2.19% -2.66% 5.09% -17.61% -3.42% 4.46%
-6.61% 3.48% -5.58% -3.75% -3.32% -4.58% -1.60% -2.55%
-8.66% -8.82% -24.65% -23.73% -13.75% 34.40% -5.13% -10.54%
0.97% 17.42% 11.52% 30.69% 8.94% -4.76% 4.22% 1.23%
0.96% -4.40% 14.81% -11.74% -0.21% 4.38% 6.83% 15.88%
48.57% 15.52% 0.79% 7.15% 3.51% 17.37% 17.76% 26.26%
6.41% 7.46% 8.06% -5.01% 17.15% 36.22% -0.18% -7.94%
22.89% 8.33% -0.51% 23.68% -2.33% -0.69% 9.64% 17.67%
-5.39% 14.10% -4.34% -14.89% -14.72% 12.08% -5.29% -9.04%
0.52% 17.60% -13.42% -6.34% -3.87% -25.25% 25.19% 1.01%
34.02% -1.59% -4.81% 3.92% 10.32% -5.41% 4.14% -5.09%
-5.38% 10.03% -5.80% -5.14% -3.09% 2.38% 0.92% -0.18%
-4.07% -6.18% 1.99% 48.30% -1.11% 73.02% 8.87% -1.14%
-23.19% 495.49% -2.73% 12.89% -1.48% 37.90% 2.95% -5.06%
-6.63% -0.44% -8.61% -7.50% 0.62% 30.99% 3.58% 12.68%
-1.18% 11.48% 3.51% -11.24% 0.41% -5.80% 7.54% 14.50%
1.80% -3.59% 19.37% -0.73% 0.46% -4.27% 5.73% 4.59%
10.00% 20.13% -6.82% 0.74% 5.72% 21.62% -1.74% 0.07%
1.66% 24.91% -0.39% -0.37% 7.59% 20.21% -10.99% -3.42%
-2.84% 8.46% 0.19% 18.40% -3.28% 38.35% 1.39% 2.31%
-7.58% -6.82% -6.58% -19.41% -7.15% -7.06% -1.37% -7.25%
3.34% 13.00% 2.16% 5.57% 2.06% -1.49% 8.05% 2.44%
-1.08% 2.14% 4.70% 22.09% 1.91% -4.64% 4.16% -3.86%
-0.63% -0.47% 57.04% 38.22% 5.49% -10.05% 0.32% -1.75%
1.96% 26.84% 1.95% 32.00% -0.82% 5.14% -0.52% 0.75%
-3.56% 33.05% 14.35% 15.75% -3.55% -9.04% -6.41% -4.99%
-1.52% -11.86% 0.37% -17.06% 0.24% -6.75% -3.62% 0.55%
2.26% -8.20% -6.51% -7.35% 0.05% -4.18% -3.32% 7.09%
0.93% 12.18% -2.67% 13.42% 3.05% 6.06% 3.92% -2.57%
6.06% 7.06% 11.22% 5.94% -0.74% -1.00% 3.12% 1.49%
-1.57% -2.68% -7.26% 2.88% 1.40% -52.52% -4.70% -4.06%
-7.09% -4.89% -0.72% 0.82% -3.76% 117.02% -0.73% -1.92%
0.77% -4.02% 3.80% 4.57% -1.43% 60.20% -5.74% -0.07%
3.78% 13.03% -0.50% 11.49% 8.08% 15.49% 11.60% 5.13%
6.44% 3.09% -4.36% -6.26% -0.49% -6.79% 1.02% 0.41%
-4.71% -0.41% -5.19% -13.40% -3.92% -14.60% -1.25% -0.45%
6.07% 17.17% -8.70% -15.68% 0.98% 4.25% -8.89% -3.97%
-8.47% -15.27% -10.90% -2.41% -0.51% -0.84% 6.01% 0.09%
4.98% -1.74% 5.43% 1.02% 5.04% 3.49% -4.00% 3.42%
-7.77% -8.58% -5.15% -11.78% -6.00% -7.78% -10.11% -1.52%
48.42% 0.32% 23.01% 2.29% 10.26% 18.77% -5.44% 0.70%
0.40% -5.48% -8.23% -5.60% 0.90% -9.03% -7.98% -3.39%
-6.18% 39.04% -13.04% 18.58% 2.97% -15.12% -2.32% -1.35%
-5.09% -12.71% -9.94% -13.00% -1.86% -5.10% 1.64% -3.17%
-2.52% 2.84% 0.56% -10.73% -5.30% -15.08% 6.59% -3.53%
-7.17% -4.54% -1.90% -3.00% 3.02% 30.91% -0.08% 9.36%
-1.84% 1.06% 3.39% 1.33% 3.80% -1.92% -0.78% -2.09%
20.66% 12.59% 5.68% 17.90% 2.45% 6.77% 11.19% 5.86%
-1.47% -9.32% -2.12% -3.70% 5.15% -0.65% -3.49% 6.48%
-0.77% 7.84% -2.91% -13.56% -3.40% -5.85% 0.04% -11.73%
-25.26% -4.18% -9.93% -8.97% -2.32% -14.60% 0.05% 4.05%
9.33% 1.16% 12.65% 8.87% -0.33% 1.26% 3.40% 3.40%
9.64% -24.43% -2.12% -4.52% -0.94% 4.73% 4.65% 3.24%
-8.12% -7.60% -8.36% -17.54% -5.92% -11.12% -5.84% -1.25%
1.04% -3.70% -3.86% -0.57% -2.29% -11.77% -6.83% 11.59%
-6.68% -2.14% -5.39% -4.05% -2.66% 11.11% -1.40% -2.17%
13 14 15 16 17 18 19 20
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
DELTALIFACI ORIONPH RENATA SQURPHABATASHOGP HEIDELBCEM
-3.72% -5.20% 0.00% 6.31% 6.90% 11.07% -2.09% -2.07%
-18.23% -16.11% -14.81% -5.13% -9.68% -9.41% -14.71% -5.19%
1.35% 2.44% 0.33% 1.42% 2.68% 4.14% 13.48% 1.22%
-10.00% -8.69% -6.52% 1.40% -1.74% 5.03% -9.12% -1.60%
8.89% 22.47% 2.33% 14.52% 3.54% 12.10% 2.02% 2.65%
-0.68% 22.75% -4.55% 0.72% 0.00% -1.81% 6.87% -9.87%
-23.29% -0.22% -21.43% -10.55% -6.41% 25.90% -9.50% 2.89%
0.00% 30.75% 15.15% 25.09% 0.00% 3.24% 0.00% 9.29%
-5.17% -1.88% 7.89% 11.84% 6.39% 6.78% 1.85% 12.65%
1.89% 13.17% -4.88% 24.40% 3.86% 5.00% 0.24% 11.40%
-0.93% -6.53% -5.13% -2.87% 17.73% -1.36% -3.94% -5.04%
-0.93% 6.14% 2.70% 3.52% -1.58% 4.06% -10.09% 6.14%
-14.15% -4.24% -7.89% -3.50% -2.41% -0.44% -12.63% -5.63%
12.09% -8.74% -2.86% 3.53% 4.53% -1.55% 6.83% -6.29%
19.61% 10.68% 9.23% -1.29% 0.00% -0.81% -4.89% -0.71%
-10.66% -2.85% -2.70% 0.37% 1.97% -1.14% 1.58% -2.14%
-4.59% 1.76% 8.33% 0.74% 1.93% -5.14% 0.23% -1.64%
7.69% -2.23% -2.56% -1.20% -4.92% -5.34% -11.67% -6.79%
-18.75% -3.23% -10.53% 0.65% 0.80% 0.00% 8.37% 4.79%
6.59% 5.68% 8.82% 18.06% 2.77% 0.09% 3.66% 2.29%
-0.84% -0.55% 0.00% 7.14% 2.31% 2.99% 0.00% -2.79%
-2.08% -1.10% 0.00% -5.15% 0.38% -1.58% 8.24% 5.36%
4.89% -3.38% 0.81% -2.14% -10.69% -0.45% -4.38% -2.75%
-1.62% 0.46% 1.88% 0.39% 2.40% -0.03% 2.24% 1.38%
-4.85% -5.19% -7.11% -1.46% -0.30% -0.75% 1.26% 0.46%
8.02% -1.21% 17.56% 0.28% 10.82% 0.09% 3.73% 0.86%
0.90% -5.58% 1.80% -0.52% 1.71% -2.40% 0.25% 0.51%
9.05% 22.88% 13.54% 1.42% 4.34% -0.17% 6.16% -0.31%
-0.09% -1.77% 11.30% 0.74% 3.19% -0.85% 2.74% 0.29%
3.92% 3.05% -7.71% -1.83% 3.62% -1.31% 7.48% -5.78%
-8.17% 4.67% -5.70% 1.48% 2.09% 1.23% 1.66% -7.27%
-9.44% 13.31% 3.89% -0.53% -0.60% 0.38% -2.64% -6.72%
4.76% -0.10% 5.61% 5.32% 2.87% -0.11% 4.78% 0.38%
-0.20% 0.39% -2.36% -1.86% -2.52% 7.08% 10.19% 1.25%
3.24% 7.93% -1.61% -12.68% -5.89% -4.94% 2.93% -5.76%
6.76% 3.49% -1.84% 2.16% 6.95% -0.18% 6.60% 0.05%
-2.30% -1.61% 1.46% 2.86% -2.81% 0.17% 5.54% -4.90%
8.83% -9.10% 1.33% 5.02% 17.39% 0.33% 7.55% 0.29%
-7.08% -2.25% -0.81% 2.82% 0.00% 1.62% -0.13% 3.94%
-6.51% -6.66% -3.08% 9.43% 8.02% 0.84% 6.71% -3.81%
0.10% -4.36% 1.27% 2.51% -3.90% -0.91% -4.51% -4.45%
6.75% -2.78% 0.00% -2.16% -1.05% 1.14% -3.49% -3.61%
-1.86% -9.17% -6.90% 2.27% -1.00% -3.61% 1.65% -0.13%
-4.64% 2.32% -8.09% -4.20% -8.05% -0.39% -11.67% -8.32%
-0.35% 3.14% 1.22% 7.25% 3.86% 0.30% -6.24% 5.13%
-2.30% 4.37% -0.48% -3.79% -8.70% -2.37% 0.33% -2.55%
-0.51% -2.45% -4.13% -15.13% -3.12% 0.10% -0.92% -1.76%
5.76% -7.23% -3.29% 0.72% -1.69% -1.48% -4.19% 0.29%
13.42% 2.82% -4.19% 3.91% -2.02% -0.37% 2.54% -0.26%
-8.06% 0.00% 0.14% 18.61% 13.04% 3.71% -4.50% -2.14%
2.43% 0.31% 0.82% -0.04% -3.53% -1.33% 1.27% -0.95%
1.91% -8.25% 2.72% -0.18% 3.58% 0.45% 8.41% 4.54%
-1.88% 2.00% -3.70% 2.40% 3.99% 0.04% -0.47% 0.74%
-4.10% 0.00% -8.52% 1.85% -2.52% 2.54% 3.99% -2.41%
-12.16% -19.55% -4.50% -1.00% -2.62% -16.53% -12.34% -28.20%
5.84% 2.00% 6.92% -0.46% -1.96% 3.72% -1.00% -2.72%
2.15% 9.66% -2.35% 2.31% 3.73% 3.46% 2.70% 1.13%
-5.72% -7.03% -2.71% -2.33% -5.07% -5.99% -8.86% -19.98%
2.45% 12.02% 0.62% -7.72% -6.17% 1.33% -5.85% 7.59%
-5.40% -10.80% -11.08% 6.20% -6.27% -4.40% 12.95% -5.08%
Portfolio Return (Rp) Difference
3.19% 1.24%
-4.61% 3.20%
2.81% 0.81%
-0.81% 2.08%
3.59% 2.76%
-3.05% 1.83%
-6.55% 4.11%
9.17% -4.17%
4.59% 4.67%
11.46% 6.89%
5.74% 6.23%
4.91% 3.16%
-2.90% 3.02%
0.16% -0.21%
3.74% 3.22%
-0.20% 1.19%
5.20% 5.84%
24.01% 27.44%
-0.56% 3.16%
6.19% 0.86%
3.40% 1.41%
3.64% 3.24%
0.73% 0.70%
4.79% 1.07%
-3.06% -0.86%
4.35% -0.20%
2.35% -2.54%
10.44% 1.86%
4.12% 1.48%
2.41% 0.50%
-1.75% 2.52%
-1.25% 0.07%
4.12% -0.56%
5.11% 1.49%
-4.27% -6.76%
6.11% 4.67%
4.34% 5.54%
5.76% 0.99%
-0.70% 0.29%
-3.76% -0.48%
-2.44% 1.45%
-3.14% 0.43%
2.23% -0.30%
-6.64% 0.25%
5.54% 4.38%
-3.06% -1.16%
0.67% -4.95%
-4.48% -0.34%
-1.08% 0.50%
2.94% 3.00%
1.68% -0.30%
6.26% -1.83%
-0.43% 1.44%
-2.50% 1.35%
-6.93% -1.67%
2.46% -0.90%
51.19% 50.37%
-6.05% -0.83%
-1.26% -0.42%
-1.79% 1.12%
Active Return 2.39%
Active Risk 7.59%

Financial Sector July, 2018 June, 2018 May, 2018 April, 2018
Banks 533,922.51 566,934.62 555,493.01 625,621.24
(0.06) 0.02 (0.11) 0.03
Financial Institutions 196,146.64 210,151.75 189,428.45 203,582.61
(0.07) 0.11 (0.07) 0.02
Insurance 85,598.60 85,592.57 86,162.85 90,364.70
0.00 (0.01) (0.05) 0.01
Total 815,667.75 862,678.94 831,084.31 919,568.55
Manufacturing
Food & Allied Product 258,297.50 276,142.15 274,308.73 281,445.41
(0.06) 0.01 (0.03) (0.01)
Pharmaceuticals & Chemicals 495,928.52 522,117.60 505,806.13 540,099.91
(0.05) 0.03 (0.06) 0.01
Textile 128,894.78 116,581.81 113,139.34 113,947.08
0.11 0.03 (0.01) (0.34)
Engineering 205,891.11 190,590.29 183,809.25 191,752.44
0.08 0.04 (0.04) 0.05
Ceramic 30,567.18 29,884.48 25,712.94 26,172.65
0.02 0.16 (0.02) 0.05
Tannery 28,544.63 26,509.00 25,890.71 26,038.77
0.08 0.02 (0.01) (0.02)
Paper & Printing 25,092.88 2,156.78 1,690.66 1,891.00
0.50 0.28 (0.11) 0.01
Jute 1,506.38 1,945.51 1,698.03 1,816.70
(0.23) (0.45) (0.07) 0.03
Cement 115,636.40 117,546.67 113,331.80 121,368.00
(0.02) 0.04 (0.07) 0.02
Total 1,290,359.39 1,283,474.29 1,245,387.60 1,304,531.97
Service & Miscellaneous
Mutual Funds 39,568.54 40,809.35 41,068.19 42,165.55
(0.03) (0.01) (0.03) 0.01
Fuel & Power 431,070.96 397,528.45 376,898.90 373,737.51
0.08 0.05 0.01 0.08
Services & Realestate 20,231.94 19,121.81 19,159.15 20,076.65
0.06 (0.00) (0.05) 0.02
IT Sector 18,074.39 15,243.82 14,812.80 15,322.63
0.05 0.03 (0.03) 0.03
Telecommunication 541,794.53 542,100.46 574,418.25 649,569.03
(0.00) (0.06) (0.12) 0.02
Travel and Leisure 23,117.87 21,829.10 22,678.19 23,397.86
0.06 (0.04) (0.03) (0.04)
Miscellaneous 108,163.78 77,445.73 103,099.54 97,403.18
0.40 (0.25) 0.06 0.06
Total 1,182,021.99 1,114,078.72 1,152,135.02 1,221,672.40
Bond
Corporate Bond 2,773.50 2,886.00 2,775.00 2,943.00
(0.04) 0.04 (0.06) 0.00
Total 2,773.50 2,886.00 2,775.00 2,943.00
Grand Total 3,290,822.63 3,263,117.95 3,231,381.93 3,448,715.92
March, 2018 February, 2018 January, 2018 December, 2017 November, 2017 October, 2017
609,539.09 642,527.86 680,783.78 752,553.35 758,207.88 718,338.20
(0.05) (0.06) (0.10) (0.01) 0.06 (0.01)
200,354.65 215,127.96 236,612.64 244,029.05 245,668.77 257,219.77
(0.07) (0.09) (0.03) (0.01) (0.04) 0.02
89,327.40 89,318.49 90,611.22 94,376.79 95,028.58 91,891.61
0.00 (0.01) (0.04) (0.01) 0.03 (0.01)
899,221.14 946,974.32 1,008,007.63 1,090,959.19 1,098,905.22 1,067,449.58
284,434.88 292,822.00 307,245.27 285,604.03 277,860.25 259,171.19

(0.03) (0.05) 0.08 0.03 0.07 0.01
536,374.32 545,363.86 557,010.85 530,786.65 497,913.01 504,435.11
(0.02) (0.02) 0.05 0.07 (0.01) (0.02)
107,982.06 112,278.32 115,661.06 121,713.26 115,943.77 117,650.67
(0.04) (0.03) (0.05) 0.05 (0.01) (0.02)
183,391.64 191,103.32 200,532.27 208,190.72 198,823.11 194,717.24
(0.04) (0.05) (0.04) 0.05 0.02 (0.03)
24,904.14 25,877.89 28,211.07 28,691.72 28,616.41 27,133.64
(0.04) (0.08) (0.02) 0.00 0.05 (0.01)
26,532.96 26,730.83 27,021.27 27,595.98 26,817.20 27,217.27
(0.01) (0.01) (0.02) 0.03 (0.01) (0.02)
1,878.67 2,016.90 1,839.95 1,938.75 1,940.65 1,681.71
(0.07) 0.10 (0.05) (0.00) 0.15 (0.31)
1,760.79 1,824.21 1,786.98 1,959.69 2,012.37 1,593.64
(0.03) 0.02 (0.09) (0.03) 0.26 (0.09)
118,872.83 124,075.76 124,942.38 138,562.96 121,256.34 124,868.30
(0.04) (0.01) (0.10) 0.14 (0.03) (0.02)
1,286,132.27 1,322,093.09 1,364,251.10 1,345,043.76 1,271,183.12 1,258,468.76
41,810.18 40,902.75 41,688.97 42,311.86 42,658.71 42,722.75

0.02 (0.02) (0.01) (0.01) (0.00) (0.01)
346,051.00 359,700.21 367,738.96 372,842.69 380,305.01 383,401.63
(0.04) (0.02) (0.01) (0.02) (0.01) (0.00)
19,668.93 20,617.97 22,171.30 23,586.33 21,931.28 24,167.26
(0.05) (0.07) (0.06) 0.08 (0.09) (0.01)
14,894.91 15,283.39 15,623.89 16,411.83 16,179.72 18,536.05
(0.03) (0.02) (0.05) 0.01 (0.13) 0.38
638,976.94 662,499.89 694,089.74 652,723.01 653,747.57 609,811.20
(0.04) (0.05) 0.06 (0.00) (0.34) 0.05
24,249.94 24,274.52 23,404.29 24,662.05 24,957.75 23,642.67
(0.00) 0.04 (0.05) (0.01) 0.06 0.01
92,232.10 96,202.37 94,637.83 95,019.25 95,921.19 95,458.90
(0.04) 0.02 (0.00) (0.01) 0.00 (0.02)
1,177,883.99 1,219,481.09 1,259,354.99 1,227,557.01 1,235,701.22 1,196,940.46
2,938.50 2,937.00 2,940.00 6,027.16 5,906.56 5,941.73
0.00 (0.00) (0.51) 0.02 (0.01) 0.00
2,938.50 2,937.00 2,940.00 6,027.16 5,906.56 5,941.73
3,366,175.90 3,491,485.50 3,634,553.72 3,669,587.12 3,611,696.12 3,528,800.53
September, 2017 August, 2017 July, 2017 June, 2017 May, 2017 April, 2017 March, 2017
723,736.22 678,530.76 622,677.13 560,588.38 519,052.48 532,160.28 594,150.86
0.07 0.09 0.11 0.08 (0.02) (0.10) 0.06
252,236.24 252,053.55 254,875.90 233,797.63 230,737.36 241,708.52 251,587.42
0.00 (0.01) 0.09 0.01 (0.05) (0.04) 0.09
92,927.39 87,769.73 88,633.30 86,489.60 82,380.71 86,847.77 92,344.25
0.06 (0.01) 0.02 0.05 (0.05) (0.06) 0.01
1,068,899.85 1,018,354.04 966,186.33 880,875.62 832,170.55 860,716.56 938,082.52
255,659.19 258,291.33 261,765.51 247,194.42 241,383.37 228,821.34 224,835.41

(0.01) (0.01) 0.06 0.02 0.05 0.02 (0.04)
512,129.13 498,812.81 496,943.07 501,852.83 487,030.24 489,261.81 485,942.20
0.03 0.00 (0.01) 0.03 (0.00) 0.01 0.02
119,931.30 127,967.21 128,002.45 126,340.68 117,627.69 118,569.64 122,608.52
(0.06) (0.00) 0.01 0.07 (0.01) (0.03) 0.03
199,872.30 215,009.90 206,890.67 190,624.16 184,775.96 183,927.05 197,533.89
(0.07) 0.04 0.09 0.03 0.00 (0.07) 0.00
27,503.62 28,460.87 26,925.49 26,212.99 24,787.29 25,378.29 26,871.52
(0.03) 0.06 0.03 0.06 (0.02) (0.06) (0.00)
27,818.68 29,045.07 29,209.29 27,434.30 27,257.54 27,143.61 27,085.30
(0.04) (0.01) 0.06 0.01 0.00 0.00 (0.04)
2,433.89 2,246.26 2,278.34 1,925.70 1,618.34 1,558.01 1,606.52
0.08 (0.01) 0.18 0.19 0.04 (0.03) 0.01
1,756.28 1,953.02 1,671.54 1,546.90 1,640.69 1,351.08 1,183.98
(0.10) 0.17 0.08 (0.06) 0.00 0.00 0.04
128,068.99 126,539.33 130,916.36 131,445.60 132,724.18 137,109.29 147,157.00
0.01 (0.03) (0.00) (0.01) (0.03) (0.07) (0.08)
1,275,173.39 1,288,325.81 1,284,602.71 1,254,577.56 1,218,845.30 1,213,120.13 1,234,824.34
43,188.75 43,267.11 43,515.11 42,500.66 41,309.31 41,003.19 40,892.48

(0.00) (0.01) 0.02 0.03 0.01 0.00 0.03
385,013.31 399,525.79 403,818.81 404,869.86 394,363.95 384,622.96 388,950.20
(0.04) (0.01) (0.00) 0.03 0.03 (0.01) (0.04)
24,322.49 26,327.53 25,944.87 25,331.20 24,425.70 24,956.30 26,767.79
(0.08) 0.01 0.02 0.04 (0.02) (0.07) 0.00
13,384.04 13,978.70 14,011.51 13,593.94 12,986.32 12,687.45 11,681.21
(0.04) (0.00) 0.03 0.05 0.02 0.09 (0.05)
579,677.77 545,486.27 532,672.76 484,848.48 463,055.11 475,732.40 468,652.05
0.06 0.02 0.10 0.05 (0.03) 0.02 0.07
23,488.60 25,431.91 25,375.57 24,976.95 23,183.98 23,902.51 25,307.86
(0.08) 0.00 0.02 0.08 (0.03) (0.06) (0.02)
97,755.59 100,467.46 103,418.57 101,933.46 102,377.89 103,752.00 104,683.61
(0.03) (0.03) 0.01 (0.00) (0.01) (0.01) (0.02)
1,166,830.55 1,154,484.77 1,148,757.21 1,098,054.55 1,061,702.26 1,066,656.82 1,066,935.19
5,925.16 5,895.16 5,751.15 5,905.66 5,784.00 5,683.65 5,982.90
0.01 0.03 (0.03) 0.02 0.02 (0.05) (0.03)
5,925.16 5,895.16 5,751.15 5,905.66 5,784.00 5,683.65 5,982.90
3,516,828.95 3,467,059.78 3,405,297.40 3,239,413.39 3,118,502.11 3,146,177.16 3,245,824.95
February, 2017 January, 2017 December, 2016 November, 2016 October, 2016
562,803.39 569,371.94 484,068.34 461,694.18 439,145.42
(0.01) 0.18 0.05 0.05 (0.01)
230,135.55 217,817.23 160,990.32 150,866.73 142,337.10
0.06 (0.35) 0.07 0.06 (0.07)
91,766.87 91,162.56 84,553.15 81,667.41 74,618.26
0.01 0.08 0.04 0.09 (0.00)
884,705.82 878,351.73 729,611.80 694,228.32 656,100.78
234,221.62 233,137.52 234,073.85 228,406.84 228,601.49

0.00 (0.00) 0.02 (0.00) 0.01
476,403.62 460,809.76 433,712.47 420,638.71 416,227.57
0.03 0.06 0.03 0.01 (0.02)
118,472.34 109,670.84 104,911.51 89,947.13 86,069.13
0.08 0.05 0.17 0.05 (0.01)
197,352.66 188,254.09 179,115.21 161,504.97 155,963.11
0.05 0.05 0.11 0.04 (0.09)
26,939.04 27,825.71 25,726.84 25,310.71 22,761.52
(0.03) 0.08 0.02 0.11 (0.05)
28,355.26 27,354.02 26,895.48 27,560.52 26,781.90
0.04 0.02 (0.02) 0.03 0.18
1,592.63 1,533.73 1,621.08 1,568.40 1,364.80
0.04 (0.05) 0.03 0.15 (0.16)
1,133.57 1,124.99 983.99 989.21 1,042.06
0.01 0.14 (0.01) (0.05) (0.01)
159,178.78 159,622.99 156,993.90 148,619.34 144,922.08
(0.00) 0.02 0.06 0.03 (0.04)
1,243,649.52 1,209,333.64 1,164,034.32 1,104,545.81 1,083,733.65
39,862.41 40,161.15 35,078.88 31,183.11 29,962.89

(0.01) 0.14 0.12 0.04 (0.04)
403,103.50 390,231.31 360,271.24 360,509.11 363,496.30
0.03 0.08 (0.00) (0.01) 0.00
22,859.57 23,527.50 22,663.65 19,115.33 18,619.59
(0.03) 0.04 0.00 0.03 (0.01)
12,254.52 11,994.04 11,793.82 11,212.09 10,467.16
0.02 0.02 0.05 0.07 0.08
437,608.54 427,583.34 403,178.03 402,084.40 388,344.33
0.02 0.06 0.00 0.04 0.01
25,722.60 25,734.56 25,040.57 19,719.73 18,314.25
(0.00) 0.03 0.00 0.08 (0.05)
107,246.66 105,403.71 97,927.37 96,934.53 90,482.98
0.02 0.08 0.01 (0.16) (0.03)
1,048,657.79 1,024,635.60 955,953.55 940,758.32 919,687.48
6,162.16 6,018.91 5,895.58 5,978.11 5,979.12
0.02 0.02 (0.01) (0.00) (0.00)
6,162.16 6,018.91 5,895.58 5,978.11 5,979.12
3,183,175.29 3,118,339.88 2,855,495.25 2,745,510.56 2,665,501.03
September, 2016 August, 2016 July, 2016 June, 2016 May, 2016 April, 2016
441,835.84 417,310.88 416,027.70 395,556.03 375,661.57 353,142.86
0.06 0.00 0.05 0.05 0.06 (0.06)
153,209.71 143,946.90 142,494.43 145,672.43 133,673.21 130,469.44
0.06 0.01 (0.02) 0.09 0.02 (0.08)
74,817.39 70,184.42 69,921.68 71,419.58 71,188.26 70,513.64
0.07 0.00 (0.02) 0.00 0.01 (0.08)
669,862.95 631,442.21 628,443.82 612,648.18 580,523.13 580,833.72
226,269.63 221,581.76 239,837.31 244,106.39 236,521.78 234,567.23

0.02 (0.08) (0.02) 0.03 0.01 0.04
426,837.68 421,834.39 429,771.30 434,247.68 400,213.36 402,253.61
0.01 (0.02) (0.01) 0.09 (0.01) (0.02)
86,986.92 83,112.56 81,354.93 81,848.91 82,022.61 78,985.92
0.05 0.02 (0.01) (0.00) 0.04 (0.10)
172,315.53 166,080.81 158,878.65 155,298.23 152,082.45 141,693.76
0.04 0.05 0.02 0.02 0.07 (0.11)
24,047.52 23,264.52 23,339.74 24,639.29 25,002.05 24,117.41
0.03 (0.00) (0.05) (0.01) 0.04 (0.07)
22,646.27 22,802.91 22,952.16 22,766.00 22,081.19 21,624.48
(0.01) (0.01) 0.01 0.03 0.02 (0.00)
1,625.47 1,652.37 1,683.95 1,502.86 1,562.18 1,432.86
(0.02) (0.02) 0.12 (0.04) 0.09 (0.22)
1,054.61 1,056.89 995.75 793.47 837.66 816.15
(0.00) 0.06 0.25 (0.05) 0.03 (0.05)
151,292.06 147,112.17 139,808.25 148,727.11 152,336.86 123,376.42
0.03 0.05 (0.06) (0.02) 0.23 (0.08)
1,113,075.70 1,088,498.38 1,098,622.03 1,113,930.00 1,072,660.43 1,028,867.83
31,181.86 29,761.52 30,856.77 30,284.43 27,471.21 26,707.79

0.05 (0.04) 0.02 0.10 0.03 (0.06)
361,885.00 354,037.33 349,683.75 351,336.78 353,913.34 345,487.68
0.02 0.01 (0.00) (0.01) 0.02 0.05
18,792.24 18,403.30 17,195.12 18,340.04 19,280.69 17,515.47
0.02 0.07 (0.06) (0.05) 0.10 0.06
9,667.19 9,083.60 8,838.92 9,485.64 9,683.09 9,304.06
0.06 0.03 (0.07) (0.02) 0.04 (0.06)
384,759.23 374,516.76 391,131.66 362,094.00 361,776.61 349,402.36
0.03 (0.04) 0.08 0.00 0.04 0.08
19,286.08 18,727.69 18,863.03 20,569.30 20,455.47 17,745.55
0.03 (0.01) (0.08) 0.01 0.15 (0.12)
93,582.07 88,578.47 87,912.86 89,891.18 87,727.42 84,473.36
0.06 0.01 (0.02) 0.02 0.04 (0.00)
919,153.67 893,108.68 904,482.12 882,001.40 880,308.21 823,928.49
5,986.35 5,880.29 5,913.86 5,890.27 5,757.09 5,769.03
0.02 (0.01) 0.00 0.02 (0.00) (0.04)
5,986.35 5,880.29 5,913.86 5,890.27 5,890.27 5,769.03
2,708,078.67 2,618,929.56 2,637,461.83 2,614,469.86 2,539,382.04 2,439,399.07
374,911.85 389,110.64 402,696.18 410,958.58 410,691.59 404,641.37
(0.04) (0.03) (0.02) 0.00 0.01 (0.02)
142,002.52 147,020.70 149,493.88 150,763.49 148,718.17 157,330.89
(0.03) (0.02) (0.01) 0.01 (0.05) (0.07)
76,451.63 78,218.19 77,972.25 80,774.58 72,516.55 72,872.45
(0.02) 0.00 (0.03) 0.00 (0.00) (0.05)
621,915.91 646,524.57 662,671.72 672,916.41 662,360.66 666,182.58
226,125.15 238,812.54 252,185.48 243,854.42 230,101.30 239,341.89

(0.05) (0.05) 0.03 0.06 (0.04) (0.02)
410,454.92 421,602.08 414,748.60 414,565.94 411,419.54 408,186.47
(0.03) 0.02 0.00 0.01 0.01 (0.05)
87,853.88 87,838.15 88,613.99 84,919.01 83,500.94 87,842.24
0.00 (0.01) 0.04 0.02 (0.05) (0.06)
159,528.68 166,750.86 152,391.81 160,682.70 152,275.75 145,764.64
(0.04) 0.09 (0.05) 0.06 0.04 (0.07)
25,917.37 27,005.27 28,989.85 26,644.39 26,103.65 26,597.41
(0.04) (0.07) 0.00 0.02 (0.02) (0.05)
21,731.23 22,860.07 23,588.98 24,466.84 23,980.42 24,812.85
(0.05) (0.03) (0.04) 0.02 (0.03) (0.03)
1,828.97 1,904.50 1,992.92 1,852.49 1,777.33 2,078.44
(0.04) (0.04) 0.00 0.04 (0.14) (0.08)
859.69 813.08 785.00 860.60 876.92 925.19
0.06 0.04 (0.09) (0.02) (0.05) (0.08)
134,120.64 146,132.18 141,355.67 146,878.28 154,316.44 158,453.24
(0.08) 0.03 (0.04) (0.05) (0.03) (0.17)
1,068,420.52 1,113,718.73 1,104,652.30 1,104,724.67 1,084,352.29 1,094,002.37
28,549.91 32,175.04 32,509.41 30,419.76 30,434.35 31,337.87

(0.11) (0.01) 0.07 (0.00) (0.03) 0.04
328,188.86 331,714.95 330,206.20 334,266.90 342,870.21 370,221.33
(0.01) 0.00 (0.01) (0.03) (0.07) (0.06)
16,500.49 16,685.95 18,870.08 20,772.79 19,772.18 18,341.30
(0.01) (0.12) (0.09) 0.05 0.08 (0.15)
9,860.18 9,269.94 11,565.45 5,103.91 4,820.48 5,089.28
0.06 (0.20) 1.27 0.06 (0.05) (0.08)
323,612.60 363,538.22 363,557.81 359,452.19 375,374.49 353,115.10
(0.11) (0.00) 0.01 (0.04) 0.06 (0.12)
20,269.33 21,058.82 21,944.82 22,338.50 20,988.02 21,876.22
(0.04) (0.04) (0.02) 0.06 (0.04) (0.09)
84,480.33 84,500.66 82,599.64 81,865.24 79,719.11 81,743.64
(0.00) 0.02 0.01 0.03 (0.02) (0.09)
782,911.79 826,768.54 828,744.00 823,799.53 843,544.49 850,386.87
5,999.60 5,979.86 5,975.58 5,994.00 6,058.50 5,955.00
0.00 0.00 (0.00) (0.01) 0.02 (0.03)
5,999.60 5,979.86 5,975.58 5,994.00 6,058.50 5,955.00
2,479,247.82 2,592,991.70 2,602,043.60 2,607,434.61 2,596,315.94 2,616,526.82

412,739.15 398,238.33 378,129.49 366,072.79 360,403.87 320,801.02
0.04 0.05 0.03 0.02 0.12 (0.09)
169,640.87 162,048.49 158,524.47 151,191.88 143,553.82 124,629.65
0.05 0.02 0.05 0.05 0.15 (0.21)
76,788.07 74,562.38 75,008.43 75,283.25 76,767.33 68,670.55
0.03 (0.01) (0.00) (0.02) 0.12 (0.22)
689,281.68 665,809.23 643,727.61 621,396.04 608,347.42 538,760.56
243,576.66 246,091.54 242,664.27 236,738.12 223,042.34 234,816.31

(0.01) 0.01 0.03 0.06 (0.05) (0.03)
428,686.20 398,246.14 416,145.97 386,460.96 354,875.01 331,972.66
0.08 (0.04) 0.08 0.09 0.07 (0.10)
93,086.67 93,777.99 94,981.49 91,811.27 83,788.67 78,394.49
(0.01) (0.01) 0.03 0.10 0.07 (0.11)
156,829.53 146,803.23 147,966.94 135,664.33 133,687.27 104,323.96
0.07 (0.01) 0.09 0.01 0.28 (0.02)
27,921.01 27,815.32 29,994.37 28,325.28 30,416.17 21,946.29
0.00 (0.07) 0.06 (0.07) 0.39 0.03
25,634.33 25,027.35 24,253.66 23,276.15 21,678.27 21,261.81
0.02 0.03 0.04 0.07 0.02 (0.16)
2,250.41 2,222.16 2,446.90 2,566.18 1,798.58 1,388.37
0.01 (0.09) (0.05) 0.43 0.30 (0.23)
1,003.08 1,035.75 767.06 711.34 686.73 666.32
(0.03) 0.35 0.08 0.04 0.03 (0.10)
190,319.23 191,802.70 209,223.22 194,137.54 189,896.94 171,514.87
(0.01) (0.08) 0.08 0.02 0.11 (0.06)
1,169,307.10 1,132,822.19 1,168,443.88 1,099,691.17 1,039,869.97 966,285.07
30,113.59 30,960.02 32,065.21 28,848.12 27,622.40 24,659.34

(0.03) (0.03) (0.68) 0.04 0.12 (0.09)
395,062.66 394,749.40 406,575.69 386,160.54 396,020.26 350,044.90
0.00 (0.03) 0.05 (0.02) 0.13 0.07
21,556.56 19,821.00 20,070.74 20,952.72 23,131.06 17,466.50
0.09 (0.01) (0.04) (0.09) 0.32 (0.06)
5,515.25 5,554.66 5,569.94 5,478.42 6,018.23 4,670.76
(0.01) (0.00) 0.02 (0.09) 0.29 (0.22)
401,985.79 446,574.17 466,737.43 465,057.54 461,018.19 454,077.38
(0.10) (0.04) 0.00 0.01 0.02 (0.10)
24,065.84 23,558.97 24,896.89 25,303.43 28,053.01 19,442.77
0.02 (0.05) (0.02) (0.10) 0.44 (0.14)
89,674.88 81,138.00 77,390.15 71,943.79 68,981.10 61,098.91
0.11 0.05 0.08 0.04 0.13 (0.14)
937,860.98 971,396.20 1,001,240.85 974,896.44 983,221.86 906,801.22
6,166.50 6,045.00 6,093.00 5,892.00 5,839.50 5,829.00
0.02 (0.01) 0.03 0.01 0.00 (0.07)
6,166.50 6,045.00 6,093.00 5,892.00 5,839.50 5,829.00
2,802,616.26 2,776,072.62 2,819,505.34 2,701,875.65 2,637,278.75 2,417,675.85
352,558.71 412,106.27 413,463.50 413,755.49 407,436.43 426,614.20
(0.14) (0.00) (0.00) 0.02 (0.04) 0.05
158,611.30 174,223.07 173,985.08 179,603.73 150,182.43 158,388.61
(0.09) 0.00 (0.03) 0.20 (0.05) 0.04
88,446.47 92,622.46 90,870.91 97,970.58 95,327.59 105,700.32
(0.05) 0.02 (0.07) 0.03 (0.10) (0.01)
626,780.88 707,374.27 707,167.53 721,663.85 682,200.44 722,355.30
241,594.57 237,349.62 230,501.01 212,777.17 208,007.10 214,672.73

0.02 0.03 0.08 0.02 (0.03) (0.01)
370,105.88 358,289.57 328,903.24 336,250.53 330,964.18 358,131.45
0.03 0.09 (0.02) 0.02 (0.08) 0.04
88,092.85 89,431.86 91,666.45 90,468.97 83,795.40 92,789.36
(0.01) (0.02) 0.01 0.08 (0.10) 0.02
106,468.13 110,701.89 106,568.11 114,978.64 115,252.59 118,800.05
(0.04) 0.04 (0.07) (0.00) (0.03) (0.03)
21,377.90 22,447.71 22,435.29 23,894.12 22,275.39 25,510.88
(0.05) 0.00 (0.06) 0.07 (0.13) (0.05)
25,182.35 25,918.97 23,666.83 23,618.76 22,853.55 25,201.69
(0.03) 0.10 0.00 0.03 (0.09) 0.09
1,795.54 1,979.62 1,996.13 2,199.09 2,084.84 2,627.34
(0.09) (0.01) (0.09) 0.05 (0.21) 0.29
741.61 749.31 802.87 879.57 941.59 685.61
(0.01) (0.07) (0.09) (0.07) 0.37 0.05
182,546.33 188,920.77 198,423.73 199,166.36 181,515.79 216,971.09
(0.03) (0.05) (0.00) 0.10 (0.16) (0.02)
1,037,905.15 1,035,789.32 1,004,963.66 1,004,233.20 967,690.43 1,055,390.21
27,164.39 28,422.47 28,848.05 30,334.05 29,253.98 31,652.17

(0.04) (0.01) (0.05) 0.04 (0.08) 0.08
327,838.79 327,407.60 321,196.81 329,377.13 334,727.10 378,364.28
0.00 0.02 (0.02) (0.02) (0.12) 0.08
18,595.03 19,373.08 19,868.97 22,992.45 20,854.01 19,721.20
(0.04) (0.02) (0.14) 0.10 0.06 0.10
5,983.72 6,027.96 5,849.76 5,823.21 5,122.67 5,744.11
(0.01) 0.03 0.00 0.14 (0.11) 0.00
501,952.00 473,263.85 461,024.42 506,168.55 448,630.14 527,289.98
0.06 0.03 (0.09) 0.13 (0.15) (0.02)
22,692.01 26,385.57 26,961.84 28,515.00 28,118.05 30,120.62
(0.14) (0.02) (0.05) 0.01 (0.07) (0.01)
70,711.32 69,179.93 66,319.81 69,333.65 66,224.48 66,879.87
(0.12) 0.04 (0.04) 0.05 (0.01) 0.02
947,772.87 921,637.99 901,221.61 962,210.00 903,676.45 1,028,120.06
6,298.50 6,358.16 6,401.17 6,341.94 6,294.17 6,305.11
(0.01) (0.01) 0.01 0.01 (0.00) (0.03)
6,298.50 6,358.16 6,401.17 6,341.94 6,294.17 6,305.11
2,618,757.40 2,671,159.74 2,619,753.97 2,694,448.99 2,559,861.49 2,812,170.68
405,382.57 368,314.14 389,565.16 392,810.60 390,173.12 392,844.69
0.10 (0.05) (0.01) 0.01 (0.01) (0.02)
152,166.01 145,457.62 147,702.91 153,181.48 147,248.89 155,860.07
0.05 (0.02) (0.04) 0.04 (0.06) (0.03)
106,534.86 92,519.88 95,657.90 99,723.55 107,296.74 109,593.96
0.15 (0.03) (0.04) (0.07) (0.02) (0.10)
693,293.76 636,010.46 665,723.38 680,026.93 679,331.26 695,548.77
216,214.80 209,163.64 193,150.86 184,184.85 187,688.06 209,818.76

0.03 0.08 0.05 (0.02) (0.11) 0.05
344,896.33 299,418.28 296,736.50 306,767.74 288,951.04 317,310.56
0.15 0.01 (0.03) 0.06 (0.09) 0.08
91,017.99 92,390.96 81,384.72 82,458.46 80,858.68 79,959.34
(0.01) 0.14 (0.01) 0.02 0.01 (0.06)
123,097.13 105,123.56 96,481.93 98,607.13 94,561.01 94,268.41
0.17 0.09 (0.02) 0.04 0.00 (0.03)
26,747.91 18,731.25 17,831.74 18,883.31 18,886.42 19,161.56
0.43 0.05 (0.06) (0.00) (0.01) (0.04)
23,108.69 21,178.62 19,455.16 19,811.41 20,170.15 23,468.87
0.09 0.09 (0.02) (0.02) (0.14) 0.16
2,043.04 2,731.66 457.90 509.20 526.30 494.00
(0.25) 4.97 (0.10) (0.03) 0.07 (0.30)
653.19 652.96 646.39 668.70 662.04 706.76
0.00 0.01 (0.03) 0.01 (0.06) (0.06)
220,922.67 181,525.07 158,757.66 156,723.77 153,236.82 144,401.96
0.22 0.14 0.01 0.02 0.06 0.27
1,048,701.73 930,916.01 864,902.87 868,614.58 845,540.52 889,590.22
29,210.32 29,718.82 32,797.41 34,311.30 34,612.51 37,250.05

(0.02) (0.09) (0.04) (0.01) (0.07) 0.03
351,304.04 320,242.90 300,653.29 293,655.20 293,239.99 296,457.65
0.10 0.07 0.02 0.00 (0.01) 0.01
17,931.67 11,022.67 10,269.14 10,022.57 10,023.24 9,457.64
(0.63) 0.07 0.02 (0.00) 0.06 (0.05)
5,718.09 5,163.82 4,308.59 4,372.13 4,371.14 4,522.46
0.11 0.20 (0.01) 0.00 (0.03) (0.15)
537,761.93 458,574.81 442,366.70 433,648.96 386,419.52 390,395.03
0.17 0.04 0.02 0.12 (0.01) 0.22
30,525.64 30,889.11 30,778.41 31,686.01 26,214.11 26,521.32
(0.01) 0.00 (0.03) 0.21 (0.01) (0.12)
65,399.47 63,577.75 57,755.35 58,059.38 48,417.53 53,204.81
0.03 0.10 (0.01) 0.02 (0.09) (0.09)
1,008,640.84 889,471.05 846,131.48 831,444.26 768,685.54 780,558.91
6,469.01 6,351.05 6,325.52 6,178.39 6,206.05 6,083.66
0.02 0.00 0.02 (0.00) 0.02 (0.04)
6,469.01 6,351.05 6,325.52 6,178.39 6,206.05 6,083.66
2,757,105.34 2,462,748.57 2,383,083.25 2,386,264.16 2,299,763.37 2,371,781.56
402,865.98 445,457.54 466,087.77 424,300.73 413,456.44 391,237.79
(0.10) (0.04) 0.10 0.03 0.06 0.09
161,181.11 171,024.97 175,805.77 158,434.49 148,363.05 143,956.00
(0.06) (0.03) 0.00 0.07 0.03 (0.11)
121,256.65 130,752.65 131,329.65 120,770.10 115,771.44 86,508.70
(0.07) (0.00) 0.09 0.04 0.34 (0.23)
721,354.04 785,559.51 811,896.34 738,878.42 712,282.65 655,648.25
199,033.09 200,820.80 171,569.65 127,173.45 132,672.23 126,370.48

(0.01) 0.17 0.35 (0.04) 0.05 (0.01)
293,536.82 292,474.51 260,976.14 228,712.06 230,475.08 217,249.62
0.00 0.12 (0.14) (0.01) 0.06 (0.01)
85,240.93 86,875.52 94,959.00 90,475.78 86,420.31 75,370.88
(0.02) (0.09) 0.05 0.05 0.01 0.03
96,986.98 103,381.89 107,020.70 115,266.55 99,807.21 92,936.84
(0.06) (0.03) (0.07) 0.15 0.07 0.01
19,904.52 20,623.95 23,243.29 21,812.06 21,451.61 19,912.30
(0.03) (0.11) 0.07 0.02 0.08 (0.05)
20,260.14 22,106.89 19,282.52 16,595.26 16,432.61 15,992.54
(0.08) 0.15 0.16 0.01 0.03 (0.02)
703.00 602.30 623.20 689.70 524.40 475.00
0.17 (0.03) (0.10) 0.32 0.10 (0.29)
750.36 616.42 603.44 566.76 553.03 498.97
0.22 0.02 0.06 0.02 (0.11) (0.21)
113,746.20 107,949.04 105,664.35 92,748.25 91,685.79 90,422.88
0.05 0.02 0.14 0.01 0.01 (0.04)
830,162.04 835,451.32 783,942.29 694,039.87 680,022.27 639,229.52
36,050.30 38,324.36 38,673.16 35,373.10 34,691.73 33,945.76

(0.06) (0.01) (0.78) 0.02 0.02 (0.03)
292,458.65 306,114.81 303,067.23 255,650.47 274,993.59 264,587.63
(0.04) 0.01 (0.19) (0.07) (0.04) (0.04)
9,921.96 10,367.42 10,949.06 9,803.73 9,613.80 8,721.27
(0.04) (0.05) (0.12) 0.02 0.10 (0.04)
5,326.15 5,559.22 5,797.05 5,412.58 4,703.70 4,591.68
(0.04) (0.04) 0.07 (0.15) (0.45) (0.11)
319,156.69 321,840.37 311,974.19 296,475.83 300,001.28 284,832.95
(0.01) 0.03 0.05 (0.01) 0.05 (0.45)
30,186.48 33,929.85 36,085.87 32,929.22 34,010.01 31,227.81
(0.11) (0.06) 0.10 (0.03) 0.09 (0.11)
48,911.29 50,526.24 48,588.35 46,253.44 46,560.20 41,598.07
(0.03) 0.04 (0.43) (0.01) (0.34) (0.07)
705,961.22 728,337.91 716,461.8 646,525.29 669,882.59 635,559.41
6,326.71 6,555.64 6,443.22 6,384.25 6,416.97 6,442.52
(0.03) 0.02 0.01 (0.01) (0.00) (0.03)
6,326.71 6,555.64 6,443.22 6,384.25 6,416.97 6,442.52
2,263,804.01 2,355,904.38 2,318,743.61 2,085,827.83 2,068,604.48 1,936,879.70
September, 2013 August, 2013 July, 2013 Sectoral Benchmark Return
359,080.57 373,581.28 383,359.86
(0.04) (0.03) 0.751%
161,128.68 171,152.06 159,094.41
(0.06) 0.08 -0.683%
112,860.63 115,866.77 97,906.38
(0.03) 0.18 -0.083%
667,980.74 695,350.25 679,247.49
127,849.28 120,577.36 110,354.64

0.06 0.09 1.613%
218,622.48 205,143.02 200,254.11
0.07 0.02 1.184%
72,827.01 72,252.08 65,456.52
0.01 0.10 0.412%
92,284.35 100,889.00 93,083.09
(0.09) 0.08 1.566%
20,924.69 23,114.90 20,077.18
(0.09) (0.15) 0.448%
16,341.97 18,039.94 13,878.82
(0.09) 0.30 1.468%
666.9 334.40 304.00
0 0.10 9.249%
635.04 578.09 488.85
0.10 0.18 0.589%
93,795.32 103,810.84 88,127.66
(0.10) 0.18 0.805%
643,947.03 644,739.64 592,024.86
34,910.86 34,750.14 38,886.85

0.00 (0.11) -2.594%
275,186.72 296,244.34 290,098.34
(0.07) 0.02 0.028%
9,095.69 9,236.96 7,935.09
(0.02) 0.16 -0.951%
5,134.09 5,180.32 4,672.58
(0.01) (0.11) 1.595%
283,852.46 323,959.27 287,807.22
(0.12) 0.13 -0.130%
35,135.40 37,071.65 35,969.26
(0.05) 0.03 -0.777%
44,527.37 47,827.20 44,225.79
(0.07) (0.23) -1.483%
652,931.74 719,519.74 670,708.27
6,631.16 6,507.75 6,594.19
0.02 (0.01) -1.074%
6,631.17 6,507.75 6,594.19
1,971,490.68 2,066,117.38 1,948,574.81 0.5967%
Sectoral Benchmark weight
19.67%
8.16%
5.02%
5.66%
10.28%
3.36%
4.78%
1.03%
0.71%
0.02%
0.03%
4.52%
2.00%
14.89%
0.41%
0.24%
14.77%
1.85%
2.27%
0.34%
1,948,574.81
Investable Amount 1,000,000
Scenario 1: Short Sale and Risk free Lending and Borrowing

Sector Portfolio Weight Invested amount Weight in Portfolio
10-Year T-Bond 86.69% 866,923.03
Fuel and Power

KPCL 0.00% - 0.00%
LINDEBD 2.15% 2,866.59 0.29%
PADMAOIL 43.91% 58,437.19 5.84%
EASTRNLUB 27.64% 36,787.93 3.68%
Total 9.81% 98,091.70
Textile
PTL 0.00% - 0.00%
ZAHINTEX 5.91% 7,860.73 0.79%
Total 0.79% 7,860.73
Pharmaceuticals & Chemicals
BXPHARMA 0.00% - 0.00%
SQURPHARMA 0.00% - 0.00%
GLAXOSMITH 0.00% - 0.00%
IBNSINA 14.86% 19,774.28 1.98%
Total 1.98% 19,774.28
Jute
SONALIANSH 3.57% 4,755.86 0.48%
Total 0.48% 4,755.86
Telecommunication
GP 0.00% - 0.00%
Total 0.00% -
Food & Allied

FUWANGFOOD 0.00% - 0.00%
OLYMPIC 0.00% - 0.00%
BATBC 0.00% - 0.00%
AMCL (PRAN) 0.00% - 0.00%
Total 0.00% -
Bank
DHAKABANK 0.00% - 0.00%
BRACBANK 1.95% 2,594.40 0.26%
Total 0.26% 2,594.40
Insurance
PARAMOUNT 0.00% - 0.00%
DHAKAINS 0.00% - 0.00%
Total 0.00% -
Grand Total 133,076.97
ing and Borrowing Allowed
Return (%) Return in Tk. Portfolio Reurn Sector
Banks
Financial Institutions
Insurance
0.42% - Food & Allied Product
18.07% 518.13 Pharmaceuticals & Chemicals
3.15% 1,838.40 Textile
2.96% 1,088.11 Engineering
3,444.64 3.51% Ceramic
Tannery
1.38% - Paper & Printing
11.50% 903.89 Jute
903.89 11.50% Cement
Mutual Funds
0.01% - Fuel & Power
0.89% - Services & Realestate
0.08% - IT Sector
6.38% 1,260.84 Telecommunication
1,260.84 6.38% Travel and Leisure
Miscellaneous
1.93% 92.02 Corporate Bond
92.02 1.93% Risk Free Investment
Total
1.07% -
- #DIV/0!
-0.87% -
0.68% -
-0.77% -
1.87% -
- #DIV/0!
0.67% -
0.53% 13.76
13.76 0.53%
0.12% -
-1.37% -
0.00 #DIV/0!
2.44%
Portfolio Weight Sector Benchmark Weight Portfolio Return Sector Benchmark Return
0.26% 19.67% 0.53% 0.75%
8.16% -0.68%
0.00% 5.02% #DIV/0! -0.08%
0.00% 5.66% #DIV/0! 1.61%
1.98% 10.28% 6.38% 1.18%
0.79% 3.36% 11.50% 0.41%
4.78% 1.57%
1.03% 0.45%
0.71% 1.47%
0.02% 9.25%
0.48% 0.03% 1.93% 0.59%
4.52% 0.81%
2.00% -2.59%
9.81% 14.89% 3.51% 0.03%
0.41% -0.95%
0.24% 1.59%
0.00% 14.77% #DIV/0! -0.13%
1.85% -0.78%
2.27% -1.48%
0.34% -1.07%
86.69% 0.00% 0.05%
100.00% 100.00% #DIV/0! 0.32%
Value Added Retrun
Wpj*Rpj Wbj*Rbj Pure Sector Allocation Allocation/Selection Interaction
0.00% 0.15% -0.083% 0.04%
0.00% -0.06% 0.082% -0.06%
#DIV/0! 0.00% 0.020% #DIV/0!
#DIV/0! 0.09% -0.073% #DIV/0!
0.13% 0.12% -0.071% -0.43%
0.09% 0.01% -0.002% -0.29%
0.00% 0.07% -0.059% 0.07%
0.00% 0.00% -0.001% 0.00%
0.00% 0.01% -0.008% 0.01%
0.00% 0.00% -0.001% 0.00%
0.01% 0.00% 0.001% 0.01%
0.00% 0.04% -0.022% 0.04%
0.00% -0.05% 0.058% -0.05%
0.34% 0.00% 0.015% -0.18%
0.00% 0.00% 0.005% 0.00%
0.00% 0.00% -0.003% 0.00%
#DIV/0! -0.02% 0.067% #DIV/0!
0.00% -0.01% 0.020% -0.01%
0.00% -0.03% 0.041% -0.03%
0.00% 0.00% 0.005% 0.00%
0.00% 0.00% -0.241% -0.04%
#DIV/0! 0.32% -0.25% #DIV/0!
#DIV/0!
Within Sector Selection Total Value Added
-0.04% -0.083%
0.06% 0.082%
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
0.53% 0.031%
0.37% 0.085%
-0.07% -0.059%
0.00% -0.001%
-0.01% -0.008%
0.00% -0.001%
0.00% 0.008%
-0.04% -0.022%
0.05% 0.058%
0.52% 0.357%
0.00% 0.005%
0.00% -0.003%
#DIV/0! #DIV/0!
0.01% 0.020%
0.03% 0.041%
0.00% 0.005%
0.00% -0.281%
#DIV/0! #DIV/0!
Investable Amount 1,000,000
Scenario 3: Short Sale Not Allowed and Risk free Lending and Borro
Sector Portfolio Weight Invested amount Weight in Portfolio
10-Year T-Bond 96.26% 962,571.36
Fuel and Power

KPCL 12.25% 4,585.95 0.46%
LINDEBD 0.00% - 0.00%
PADMAOIL 0.00% - 0.00%
EASTRNLUB 7.81% 2,921.68 0.29%
Total 0.75% 7,507.63
Textile
PTL 7.41% 2,774.76 0.28%
ZAHINTEX 0.00% - 0.00%
Total 0.28% 2,774.76
Pharmaceuticals & Chemicals
BXPHARMA 0.00% - 0.00%
SQURPHARMA 11.42% 4,273.96 0.43%
GLAXOSMITH 0.00% - 0.00%
IBNSINA 17.61% 6,592.06 0.66%
Total 1.09% 10,866.02
Jute
SONALIANSH 0.00% - 0.00%
Total 0.00% -
Telecommunication
GP 0.00% - 0.00%
Total 0.00% -
Food & Allied

FUWANGFOOD 0.52% 195.59 0.02%
OLYMPIC 6.29% 2,354.78 0.24%
BATBC 2.57% 963.63 0.10%
AMCL (PRAN) 0.00% - 0.00%
Total 0.35% 3,514.01
Bank
DHAKABANK 0.00% - 0.00%
BRACBANK 34.11% 12,766.22 1.28%
Total 1.28% 12,766.22
Insurance
PARAMOUNT 0.00% - 0.00%
DHAKAINS 0.00% - 0.00%
Total 0.00% -
Grand Total 37,428.64
Lending and Borrowing Allowed
Return (%) Return in Tk. Portfolio Reurn Sector
Banks
Financial Institutions
Insurance
0.42% 19.26 Food & Allied Product
18.07% - Pharmaceuticals & Chemicals
3.15% - Textile
2.96% 86.42 Engineering
105.67 1.41% Ceramic
Tannery
1.38% 38.39 Paper & Printing
11.50% - Jute
38.39 1.38% Cement
Mutual Funds
0.01% - Fuel & Power
0.89% 38.22 Services & Realestate
0.08% - IT Sector
6.38% 420.32 Telecommunication
458.54 4.22% Travel and Leisure
Miscellaneous
1.93% - Corporate Bond
- 0.00% Risk Free Investment
Total
1.07% -
- 0.00%
-0.87% (1.69)
0.68% 15.95
-0.77% (7.45)
1.87% -
6.81 0.19%
0.67% -
0.53% 67.70
67.70 0.53%
0.12% -
-1.37% -
0.00 0.00%
2.44%
Portfolio Weight Sector Benchmark Weight Portfolio Return Sector Benchmark Return
1.28% 19.67% 0.53% 0.75%
8.16% -0.68%
0.00% 5.02% 0.00% -0.08%
0.35% 5.66% 0.19% 1.61%
1.09% 10.28% 4.22% 1.18%
0.28% 3.36% 1.38% 0.41%
4.78% 1.57%
1.03% 0.45%
0.71% 1.47%
0.02% 9.25%
0.00% 0.03% 0.00% 0.59%
4.52% 0.81%
2.00% -2.59%
0.75% 14.89% 1.41% 0.03%
0.41% -0.95%
0.24% 1.59%
0.00% 14.77% 0.00% -0.13%
1.85% -0.78%
2.27% -1.48%
0.34% -1.07%
96.26% 0.00% 0.05%
100.00% 100.00% 0.07% 0.32%
Value Added Retrun
Wpj*Rpj Wbj*Rbj Pure Sector Allocation Allocation/Selection Interaction
0.01% 0.15% -0.078% 0.04%
0.00% -0.06% 0.082% -0.06%
0.00% 0.00% 0.020% 0.00%
0.00% 0.09% -0.068% 0.08%
0.05% 0.12% -0.079% -0.28%
0.00% 0.01% -0.003% -0.03%
0.00% 0.07% -0.059% 0.07%
0.00% 0.00% -0.001% 0.00%
0.00% 0.01% -0.008% 0.01%
0.00% 0.00% -0.001% 0.00%
0.00% 0.00% 0.000% 0.00%
0.00% 0.04% -0.022% 0.04%
0.00% -0.05% 0.058% -0.05%
0.01% 0.00% 0.042% -0.19%
0.00% 0.00% 0.005% 0.00%
0.00% 0.00% -0.003% 0.00%
0.00% -0.02% 0.067% -0.02%
0.00% -0.01% 0.020% -0.01%
0.00% -0.03% 0.041% -0.03%
0.00% 0.00% 0.005% 0.00%
0.00% 0.00% -0.268% -0.04%
0.07% 0.32% -0.25% -0.49%
-0.26%
Within Sector Selection Total Value Added
-0.04% -0.081%
0.06% 0.082%
0.00% 0.020%
-0.08% -0.073%
0.31% -0.046%
0.03% 0.000%
-0.07% -0.059%
0.00% -0.001%
-0.01% -0.008%
0.00% -0.001%
0.00% 0.000%
-0.04% -0.022%
0.05% 0.058%
0.21% 0.052%
0.00% 0.005%
0.00% -0.003%
0.02% 0.067%
0.01% 0.020%
0.03% 0.041%
0.00% 0.005%
0.00% -0.312%
0.48% -0.26%
1 2
Weight 0.05 0.05
DSEX Index RetISLAMIBANK EBL
1.95% 8.00% 1.36%
-7.81% -7.41% -8.78%
2.00% -8.00% 0.40%
-2.90% 4.35% 4.75%
0.83% 0.00% 0.00%
-4.89% -16.67% -8.77%
-10.67% -19.06% 3.60%
13.33% 12.50% 2.26%
-0.08% -5.56% 9.51%
4.56% 29.41% -2.28%
-0.49% 36.36% -1.62%
1.75% 3.33% 6.43%
-5.93% -9.68% 5.63%
0.36% 0.00% 1.07%
0.52% 0.00% 0.72%
-1.39% -7.14% 1.01%
-0.64% -7.69% 3.80%
-3.42% -4.17% -0.32%
-3.71% -4.35% -1.48%
5.33% 18.57% 5.13%
2.00% 11.54% 14.83%
0.39% 10.34% -3.09%
0.03% -7.19% 1.41%
3.72% 4.38% 2.45%
-2.19% -0.32% -1.71%
4.55% -2.91% 0.36%
4.89% -1.00% 0.00%
8.58% 51.85% 14.48%
2.64% -2.00% 2.12%
1.90% -7.01% -2.97%
-4.27% -21.34% -2.33%
-1.32% -3.11% 4.23%
4.68% 3.21% 10.41%
3.62% 10.25% 12.86%
2.49% -7.04% 13.92%
1.44% 4.55% 0.89%
-1.20% -4.35% 4.19%
4.77% 2.42% 13.53%
-0.99% 8.28% -4.84%
-3.28% -6.83% -14.29%
-3.89% -7.04% -5.48%
-3.57% -13.88% -2.90%
2.53% -6.59% -4.23%
-6.89% -7.42% -5.94%
1.15% 1.28% -6.11%
-1.90% -4.20% -6.51%
5.62% 3.07% 17.09%
-4.14% 0.85% -10.00%
-1.58% -0.84% 5.11%
-0.05% 0.00% -0.86%
1.98% 2.98% 3.75%
8.08% 12.40% -0.25%
-1.88% -7.72% -2.78%
-3.85% 3.59% -3.38%
-5.26% -4.23% 9.96%
3.36% -0.40% 0.57%
0.82% -4.45% 1015.27%
-5.22% -3.81% -1.85%
-0.84% -1.32% -7.28%
-2.91% -3.57% 1.45%
1. Regression of KPCL 2. Regression of LINDEBD

coef of intercept 1.62985711725885 0.00345263726 1.3800979774
Std error of X variable 0.29912214125879 0.01258246308 4.0537102006
r 0.33857482973317 0.09745756017 0.0019944328
F 29.6894357930197 58 0.1159082752
SS of reg 0.28198954961435 0.55088260995 0.2021872597
P Value 0.0000
11 12
coef of intercept 0.23450064091231 0.01924234851 0.5064002972
Std error of X variable 0.28067841594838 0.01180663454 0.1992529179
r 0.01189177152749 0.09144837455 0.1002059785
F 0.69802348439164 58 6.4591969012
SS of reg 0.00583743443035 0.48504270205 0.0272221142
P Value 0.4069
Company P-value Comparison Significance

ISLAMIBANK 0.0000 Less than 5% Significant
EBL 0.7347 Less than 5% Not Significant
BRACBANK 0.0308 Less than 5% Significant
DAFODILCOM 0.0343 Greater than 5% Significant
BDLAMPS 0.0026 Less than 5% Significant
IPDC 0.8687 Less than 5% Not Significant
ICB 0.0000 Less than 5% Significant
LANKABAFIN 0.0000 Less than 5% Significant
AMCL 0.0000 Less than 5% Significant
GEMINISEA 0.4799 Less than 5% Not Significant
OLYMPIC 0.4069 Greater than 5% Not Significant
LINDEBD 0.0137 Less than 5% Significant
DELTALIFE 0.0000 Less than 5% Significant
ACI 0.0029 Less than 5% Significant
ORIONPHARM 0.0000 Greater than 5% Significant
RENATA 0.0034 Less than 5% Significant
SQURPHARMA 0.0019 Less than 5% Significant
BATASHOE 0.7244 Less than 5% Not Significant
GP 0.0002 Less than 5% Significant
HEIDELBCEM 0.0002 Less than 5% Significant
3 4 5 6 7 8 9 10
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
BRACBANK DAFODIL BDLAMPSIPDC ICB LANKABAFIAMCL GEMINISE
8.38% 7.14% 4.13% 10.86% 9.64% -11.83% 0.00% 4.12%
4.30% -26.67% -4.76% -6.70% -6.23% -7.99% -11.59% 26.73%
2.18% 18.18% -1.67% 6.08% -5.57% 3.29% -1.80% 9.38%
6.17% 7.69% -11.86% -4.17% -2.01% -6.61% 2.24% 13.57%
-2.28% 0.00% 16.35% 1.09% 2.19% -2.66% 5.09% -17.61%
-10.24% -14.29% -6.61% 3.48% -5.58% -3.75% -3.32% -4.58%
-3.80% -8.33% -8.66% -8.82% -24.65% -23.73% -13.75% 34.40%
5.77% 9.09% 0.97% 17.42% 11.52% 30.69% 8.94% -4.76%
12.59% 8.33% 0.96% -4.40% 14.81% -11.74% -0.21% 4.38%
2.29% 7.69% 48.57% 15.52% 0.79% 7.15% 3.51% 17.37%
-2.72% 28.57% 6.41% 7.46% 8.06% -5.01% 17.15% 36.22%
5.37% -5.56% 22.89% 8.33% -0.51% 23.68% -2.33% -0.69%
12.60% 11.76% -5.39% 14.10% -4.34% -14.89% -14.72% 12.08%
3.69% -4.60% 0.52% 17.60% -13.42% -6.34% -3.87% -25.25%
1.25% 5.56% 34.02% -1.59% -4.81% 3.92% 10.32% -5.41%
-2.46% 26.32% -5.38% 10.03% -5.80% -5.14% -3.09% 2.38%
-9.28% -4.17% -4.07% -6.18% 1.99% 48.30% -1.11% 73.02%
3.72% -8.70% -23.19% 495.49% -2.73% 12.89% -1.48% 37.90%
-7.38% -4.76% -6.63% -0.44% -8.61% -7.50% 0.62% 30.99%
12.87% 20.00% -1.18% 11.48% 3.51% -11.24% 0.41% -5.80%
14.23% -4.17% 1.80% -3.59% 19.37% -0.73% 0.46% -4.27%
20.38% -8.70% 10.00% 20.13% -6.82% 0.74% 5.72% 21.62%
-4.54% 3.81% 1.66% 24.91% -0.39% -0.37% 7.59% 20.21%
-1.65% 20.64% -2.84% 8.46% 0.19% 18.40% -3.28% 38.35%
0.00% 22.05% -7.58% -6.82% -6.58% -19.41% -7.15% -7.06%
9.19% 5.12% 3.34% 13.00% 2.16% 5.57% 2.06% -1.49%
-2.00% 27.98% -1.08% 2.14% 4.70% 22.09% 1.91% -4.64%
5.62% -8.14% -0.63% -0.47% 57.04% 38.22% 5.49% -10.05%
-1.02% 0.51% 1.96% 26.84% 1.95% 32.00% -0.82% 5.14%
29.39% -8.31% -3.56% 33.05% 14.35% 15.75% -3.55% -9.04%
21.09% 17.31% -1.52% -11.86% 0.37% -17.06% 0.24% -6.75%
6.59% -10.30% 2.26% -8.20% -6.51% -7.35% 0.05% -4.18%
3.99% 7.05% 0.93% 12.18% -2.67% 13.42% 3.05% 6.06%
8.80% 25.12% 6.06% 7.06% 11.22% 5.94% -0.74% -1.00%
-2.28% -4.68% -1.57% -2.68% -7.26% 2.88% 1.40% -52.52%
0.12% -6.13% -7.09% -4.89% -0.72% 0.82% -3.76% 117.02%
17.11% 13.29% 0.77% -4.02% 3.80% 4.57% -1.43% 60.20%
9.15% -9.62% 3.78% 13.03% -0.50% 11.49% 8.08% 15.49%
-1.28% -7.26% 6.44% 3.09% -4.36% -6.26% -0.49% -6.79%
-10.70% -4.38% -4.71% -0.41% -5.19% -13.40% -3.92% -14.60%
-5.37% -7.95% 6.07% 17.17% -8.70% -15.68% 0.98% 4.25%
6.11% -14.66% -8.47% -15.27% -10.90% -2.41% -0.51% -0.84%
40.98% 15.64% 4.98% -1.74% 5.43% 1.02% 5.04% 3.49%
-15.05% -2.65% -7.77% -8.58% -5.15% -11.78% -6.00% -7.78%
-4.43% 7.36% 48.42% 0.32% 23.01% 2.29% 10.26% 18.77%
-7.72% 11.17% 0.40% -5.48% -8.23% -5.60% 0.90% -9.03%
1.92% -3.42% -6.18% 39.04% -13.04% 18.58% 2.97% -15.12%
-6.77% -13.24% -5.09% -12.71% -9.94% -13.00% -1.86% -5.10%
-1.94% -12.53% -2.52% 2.84% 0.56% -10.73% -5.30% -15.08%
3.27% 9.07% -7.17% -4.54% -1.90% -3.00% 3.02% 30.91%
0.00% 24.93% -1.84% 1.06% 3.39% 1.33% 3.80% -1.92%
7.97% 8.72% 20.66% 12.59% 5.68% 17.90% 2.45% 6.77%
3.44% 4.43% -1.47% -9.32% -2.12% -3.70% 5.15% -0.65%
-4.19% -6.46% -0.77% 7.84% -2.91% -13.56% -3.40% -5.85%
4.89% 8.86% -25.26% -4.18% -9.93% -8.97% -2.32% -14.60%
4.70% -7.74% 9.33% 1.16% 12.65% 8.87% -0.33% 1.26%
2.32% -2.37% 9.64% -24.43% -2.12% -4.52% -0.94% 4.73%
-4.84% 13.00% -8.12% -7.60% -8.36% -17.54% -5.92% -11.12%
-7.95% 3.51% 1.04% -3.70% -3.86% -0.57% -2.29% -11.77%
6.22% -2.64% -6.68% -2.14% -5.39% -4.05% -2.66% 11.11%
Regression of LINDEBD 3. Regression of PADMAOIL 4. Regression of EASTRNLUB

0.18011702473 0.6346046 0.031168725573 0.798574384 0.029212089185
0.17051783163 0.286632 0.0120570711271 0.368441896 0.015498373134
1.32074711725 0.077928 0.0933881329672 0.074927383 0.120042762939
58 4.9018152 58 4.697780624 58
101.173630968 0.0427504 0.5058379159876 0.067696263 0.835795366169
0.7347 0.0308 0.0343
12 13 14
0.01048129901 0.9856936 -0.009111263872 0.815258964 0.006400185326
0.00838150085 0.2059748 0.0086642537427 0.261776987 0.011011552884
0.06491897642 0.283075 0.0671090409983 0.143266878 0.085290063735
58 22.901067 58 9.699028478 58
0.24443946298 0.1031378 0.261210156255 0.070554564 0.421914908369
0.0137 0.0000 0.0029
Significant
Significant
Significant
Significant
Significant
11 12 13 14 15 16 17 18 19 20
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
OLYMPIC LINDEBD DELTALIFACI ORIONPH RENATA SQURPHABATASHOGP HEIDELBCEM
6.45% 4.28% -3.72% -5.20% 0.00% 6.31% 6.90% 11.07% -2.09% -2.07%
50.51% -0.33% -18.23% -16.11% -14.81% -5.13% -9.68% -9.41% -14.71% -5.19%
4.90% 1.78% 1.35% 2.44% 0.33% 1.42% 2.68% 4.14% 13.48% 1.22%
2.90% -2.08% -10.00% -8.69% -6.52% 1.40% -1.74% 5.03% -9.12% -1.60%
-3.42% 4.46% 8.89% 22.47% 2.33% 14.52% 3.54% 12.10% 2.02% 2.65%
-1.60% -2.55% -0.68% 22.75% -4.55% 0.72% 0.00% -1.81% 6.87% -9.87%
-5.13% -10.54% -23.29% -0.22% -21.43% -10.55% -6.41% 25.90% -9.50% 2.89%
4.22% 1.23% 0.00% 30.75% 15.15% 25.09% 0.00% 3.24% 0.00% 9.29%
6.83% 15.88% -5.17% -1.88% 7.89% 11.84% 6.39% 6.78% 1.85% 12.65%
17.76% 26.26% 1.89% 13.17% -4.88% 24.40% 3.86% 5.00% 0.24% 11.40%
-0.18% -7.94% -0.93% -6.53% -5.13% -2.87% 17.73% -1.36% -3.94% -5.04%
9.64% 17.67% -0.93% 6.14% 2.70% 3.52% -1.58% 4.06% -10.09% 6.14%
-5.29% -9.04% -14.15% -4.24% -7.89% -3.50% -2.41% -0.44% -12.63% -5.63%
25.19% 1.01% 12.09% -8.74% -2.86% 3.53% 4.53% -1.55% 6.83% -6.29%
4.14% -5.09% 19.61% 10.68% 9.23% -1.29% 0.00% -0.81% -4.89% -0.71%
0.92% -0.18% -10.66% -2.85% -2.70% 0.37% 1.97% -1.14% 1.58% -2.14%
8.87% -1.14% -4.59% 1.76% 8.33% 0.74% 1.93% -5.14% 0.23% -1.64%
2.95% -5.06% 7.69% -2.23% -2.56% -1.20% -4.92% -5.34% -11.67% -6.79%
3.58% 12.68% -18.75% -3.23% -10.53% 0.65% 0.80% 0.00% 8.37% 4.79%
7.54% 14.50% 6.59% 5.68% 8.82% 18.06% 2.77% 0.09% 3.66% 2.29%
5.73% 4.59% -0.84% -0.55% 0.00% 7.14% 2.31% 2.99% 0.00% -2.79%
-1.74% 0.07% -2.08% -1.10% 0.00% -5.15% 0.38% -1.58% 8.24% 5.36%
-10.99% -3.42% 4.89% -3.38% 0.81% -2.14% -10.69% -0.45% -4.38% -2.75%
1.39% 2.31% -1.62% 0.46% 1.88% 0.39% 2.40% -0.03% 2.24% 1.38%
-1.37% -7.25% -4.85% -5.19% -7.11% -1.46% -0.30% -0.75% 1.26% 0.46%
8.05% 2.44% 8.02% -1.21% 17.56% 0.28% 10.82% 0.09% 3.73% 0.86%
4.16% -3.86% 0.90% -5.58% 1.80% -0.52% 1.71% -2.40% 0.25% 0.51%
0.32% -1.75% 9.05% 22.88% 13.54% 1.42% 4.34% -0.17% 6.16% -0.31%
-0.52% 0.75% -0.09% -1.77% 11.30% 0.74% 3.19% -0.85% 2.74% 0.29%
-6.41% -4.99% 3.92% 3.05% -7.71% -1.83% 3.62% -1.31% 7.48% -5.78%
-3.62% 0.55% -8.17% 4.67% -5.70% 1.48% 2.09% 1.23% 1.66% -7.27%
-3.32% 7.09% -9.44% 13.31% 3.89% -0.53% -0.60% 0.38% -2.64% -6.72%
3.92% -2.57% 4.76% -0.10% 5.61% 5.32% 2.87% -0.11% 4.78% 0.38%
3.12% 1.49% -0.20% 0.39% -2.36% -1.86% -2.52% 7.08% 10.19% 1.25%
-4.70% -4.06% 3.24% 7.93% -1.61% -12.68% -5.89% -4.94% 2.93% -5.76%
-0.73% -1.92% 6.76% 3.49% -1.84% 2.16% 6.95% -0.18% 6.60% 0.05%
-5.74% -0.07% -2.30% -1.61% 1.46% 2.86% -2.81% 0.17% 5.54% -4.90%
11.60% 5.13% 8.83% -9.10% 1.33% 5.02% 17.39% 0.33% 7.55% 0.29%
1.02% 0.41% -7.08% -2.25% -0.81% 2.82% 0.00% 1.62% -0.13% 3.94%
-1.25% -0.45% -6.51% -6.66% -3.08% 9.43% 8.02% 0.84% 6.71% -3.81%
-8.89% -3.97% 0.10% -4.36% 1.27% 2.51% -3.90% -0.91% -4.51% -4.45%
6.01% 0.09% 6.75% -2.78% 0.00% -2.16% -1.05% 1.14% -3.49% -3.61%
-4.00% 3.42% -1.86% -9.17% -6.90% 2.27% -1.00% -3.61% 1.65% -0.13%
-10.11% -1.52% -4.64% 2.32% -8.09% -4.20% -8.05% -0.39% -11.67% -8.32%
-5.44% 0.70% -0.35% 3.14% 1.22% 7.25% 3.86% 0.30% -6.24% 5.13%
-7.98% -3.39% -2.30% 4.37% -0.48% -3.79% -8.70% -2.37% 0.33% -2.55%
-2.32% -1.35% -0.51% -2.45% -4.13% -15.13% -3.12% 0.10% -0.92% -1.76%
1.64% -3.17% 5.76% -7.23% -3.29% 0.72% -1.69% -1.48% -4.19% 0.29%
6.59% -3.53% 13.42% 2.82% -4.19% 3.91% -2.02% -0.37% 2.54% -0.26%
-0.08% 9.36% -8.06% 0.00% 0.14% 18.61% 13.04% 3.71% -4.50% -2.14%
-0.78% -2.09% 2.43% 0.31% 0.82% -0.04% -3.53% -1.33% 1.27% -0.95%
11.19% 5.86% 1.91% -8.25% 2.72% -0.18% 3.58% 0.45% 8.41% 4.54%
-3.49% 6.48% -1.88% 2.00% -3.70% 2.40% 3.99% 0.04% -0.47% 0.74%
0.04% -11.73% -4.10% 0.00% -8.52% 1.85% -2.52% 2.54% 3.99% -2.41%
0.05% 4.05% -12.16% -19.55% -4.50% -1.00% -2.62% -16.53% -12.34% -28.20%
3.40% 3.40% 5.84% 2.00% 6.92% -0.46% -1.96% 3.72% -1.00% -2.72%
4.65% 3.24% 2.15% 9.66% -2.35% 2.31% 3.73% 3.46% 2.70% 1.13%
-5.84% -1.25% -5.72% -7.03% -2.71% -2.33% -5.07% -5.99% -8.86% -19.98%
-6.83% 11.59% 2.45% 12.02% 0.62% -7.72% -6.17% 1.33% -5.85% 7.59%
-1.40% -2.17% -5.40% -10.80% -11.08% 6.20% -6.27% -4.40% 12.95% -5.08%
5 6 7 8
1.1482654 0.0133097 -0.332053 0.1151401 1.4897449 -0.000592 2.3482164
0.3648503 0.0153473 2.0003406 0.0841436 0.285706 0.0120181 0.3284769
0.1458657 0.1188726 0.0004749 0.6517348 0.3191568 0.0930864 0.4684038
9.9050132 58 0.0275554 58 27.188482 58 51.105369
0.1399647 0.8195802 0.0117044 24.63598 0.2355905 0.5025749 0.5853427
0.0026 0.8687 0.0000
15 16 17 18
1.126358 -0.008242 0.6415771 0.0183744 0.5275312 0.0064504 0.0591321
0.1531215 0.006441 0.2101471 0.0088398 0.1622732 0.006826 0.1668763
0.4826526 0.0498888 0.1384529 0.0684684 0.1541273 0.0528706 0.0021602
54.110355 58 9.320751 58 10.568238 58 0.1255618
0.134675 0.1443559 0.043695 0.2718997 0.0295413 0.1621271 0.0003712
0.0000 0.0034 0.0019
HEIDELBCEM
8 9 10
0.0078667 0.728574 0.0004927 -0.543656 0.0640107
0.0138173 0.139078 0.0058503 0.7646406 0.0321643
0.1070217 0.321184 0.0453134 0.0086404 0.249129
58 27.44 58 0.5055137 58
0.6643113 0.056348 0.1190915 0.0313748 3.599786
0.0000 0.0000 0.4799
18 19 20
0.0052757 0.705414 0.0008738 0.6898149 -0.014004
0.0070196 0.179614 0.0075554 0.1732528 0.0072878
0.0543703 0.210072 0.0585204 0.2146535 0.0564478
58 15.4244 58 15.852748 58
0.1714554 0.052823 0.1986288 0.0505125 0.1848087
0.7244 0.0002 0.0002

20 Selected Securities For Portfolio Construction: Industry Company Name Fuel & Power

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20 Selected Securities For Portfolio Construction: Industry Company Name Fuel & Power

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20 Selected Securities for Portfolio Constru

Industry Company Name

DAFODILCOM BDLAMPS IPDC ICB LANKABAFIN

AMCL GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI

ORIONPHARM RENATA SQURPHARMA BATASHOE GP

BDLAMPS IPDC ICB LANKABAFIN AMCL

GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM

45% 40% 15%

42% 115% 15%

RENATA SQURPHARMA BATASHOE GP HEIDELBCEM

DAFODILCOM BDLAMPS IPDC ICB LANKABAFIN

AMCL GEMINISEA OLYMPIC LINDEBD DELTALIFE

ACI ORIONPHARM RENATA SQURPHARMA BATASHOE

BDLAMPS IPDC ICB LANKABAFIN AMCL

GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM

RENATA SQURPHARMA BATASHOE GP HEIDELBCEM

BDLAMPS IPDC ICB LANKABAFIN AMCL

GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM

RENATA SQURPHARMA BATASHOE GP HEIDELBCEM

BDLAMPS IPDC ICB LANKABAFIN AMCL

GEMINISEA OLYMPIC LINDEBD DELTALIFE ACI

ORIONPHARM RENATA SQURPHARMA BATASHOE GP

IPDC ICB LANKABAFIN AMCL GEMINISEA

0.00% 0.00% 0.00% 0.00% 0.00%

OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM RENATA

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

SQURPHARMA BATASHOE GP HEIDELBCEM

0.00% 0.00% 0.00% 0.00%

BDLAMPS IPDC ICB LANKABAFIN AMCL GEMINISEA

4.13% 10.86% 9.64% -11.83% 0.00% 4.12%

OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARM RENATA

6.45% 4.28% -3.72% -5.20% 0.00% 6.31%

SQURPHARMA BATASHOE GP HEIDELBCEM

6.90% 11.07% -2.09% -2.07%

Mean Return 0.42% 18.07% 3.15% 2.96%

BDLAMPS IPDC ICB LANKABAFIN AMCL GEMINISEA

1.38% 11.50% 0.01% 0.89% 0.08% 6.38%

OLYMPIC LINDEBD DELTALIFE ACI ORIONPHARMRENATA

1.93% 1.07% -0.87% 0.68% -0.77% 1.87%

SQURPHARMA BATASHOE GP HEIDELBCEM

0.67% 0.53% 0.12% -1.37%

Monthly Risk Free Rate

LANKABAFIN 0.89% 0.75% 0.14%

Equal Weight Case

Monthly risk free rate 0.75%

Risk Aversion & Asset Allocation

Base Case Solver

Monthly risk free rate 0.75%

2. Portfolio Return 2.5% 3. Portfolio Return 3%

Total Weight 1 Total Weight

Monthly risk free rate 0.75% Monthly risk free rate

3. Portfolio Return 3% 4. Portfolio Return 3.5%

0.75% Monthly risk free rat 0.75%

Total Weight 1 Total Weight

Monthly risk free rate 0.75%

Total Weight 1 Total Weight

Monthly risk free rate 0.75% Monthly risk free rate

0.75% Monthly risk free rate 0.75%

Monthly risk free rate 0.75% 0.75%

0.75% 0.75% 0.75% 0.75% 0.75%

0.75% 0.75% 0.75% 0.75%

00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00%

Equal Weight Case