Portfolio Construction F-407

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 Fuel & Power
Year Month KPCL LINDEBD PADMAOIL
2013 July 49.81 621.60 330.36
August 48.48 748.70 341.27
September 43.81 668.80 293.82
October 44.76 625.40 255.00
November 47.71 621.60 285.45
December 46.76 629.30 252.30
2014 January 57.71 706.10 328.60
February 54.19 892.00 327.20
March 50.00 896.10 342.70
April 50.19 1133.70 346.40
May 48.60 905.40 326.00
June 46.10 882.70 321.60
July 46.50 879.80 332.20
August 50.20 837.60 321.40
September 50.20 864.70 342.90
October 65.00 901.70 334.90
November 54.50 898.70 265.40
December 57.00 914.60 251.60
2015 January 56.60 896.00 231.60
February 56.90 935.80 248.90
March 64.70 910.80 248.50
April 61.30 815.10 201.50
May 64.30 824.60 250.90
June 71.20 956.30 244.30
July 77.30 1206.70 252.30
August 71.20 1109.10 247.40
September 73.80 1305.10 247.10
October 73.80 1187.10 226.40
November 72.90 1199.40 198.30
December 74.90 1138.40 184.20
2016 January 75.00 1136.50 169.70
February 74.80 1123.30 164.90
March 71.40 1065.20 171.70
April 70.00 1199.80 192.00
May 66.70 1374.30 182.60
June 64.90 1437.00 185.80
July 63.00 1438.00 184.80
August 61.70 1386.80 184.10
September 63.60 1418.80 189.30
October 64.10 1315.90 187.00
November 61.20 1348.00 190.90
December 62.50 1296.00 180.20
2017 January 64.70 1273.30 229.30
February 64.60 1282.90 255.10
March 63.70 1217.70 253.30
April 60.50 1224.40 248.40
May 58.50 1311.20 242.70
June 59.20 1277.50 255.90
July 61.30 1296.50 248.10
August 62.80 1241.80 251.40
September 63.30 1217.90 244.10
October 66.70 1217.10 241.10
November 60.60 1279.50 237.30
December 58.50 1284.70 239.00
2018 January 56.60 1278.90 239.60
February 57.10 1228.10 230.70
March 54.20 1225.80 215.70
April 54.00 1267.70 235.80
May 62.50 1248.40 234.60
June 67.60 1257.10 229.60
July 68.20 1214.50 224.80
4 5 6 7 8
wer Textile Pharmaceuticals
EASTRNLUB PTL ZAHINTEX BXPHARMA SQURPHARMA
290.00 18.47 18.87 39.82 106.30
312.20 18.47 18.69 41.46 111.05
379.30 18.47 18.87 38.53 113.67
319.50 18.47 17.12 37.58 117.59
310.10 37.01 18.92 41.29 126.35
307.50 38.20 19.06 40.77 124.33
348.80 38.49 19.34 46.82 149.29
435.60 34.43 16.90 42.68 173.67
562.20 32.58 16.55 43.36 174.52
554.40 25.05 14.34 37.92 184.14
513.90 27.34 14.34 35.47 176.48
447.30 25.26 14.26 37.73 184.46
401.30 24.83 14.19 38.91 166.87
396.60 28.15 15.24 50.52 176.20
409.80 24.75 14.47 63.40 195.89
422.90 23.71 13.35 59.32 209.50
387.30 20.14 12.40 55.42 189.35
405.30 19.63 12.63 53.24 194.32
371.80 17.50 11.25 51.07 191.15
377.70 16.65 10.64 52.07 198.30
378.50 14.19 9.87 51.07 197.78
351.00 12.75 9.87 40.64 184.92
326.70 15.38 11.25 54.76 185.37
365.80 15.13 12.33 59.81 197.10
355.00 16.23 13.62 66.38 204.99
371.30 15.38 16.91 62.67 213.87
366.70 15.38 16.84 68.10 210.91
350.40 15.97 19.44 67.90 205.50
324.10 13.76 17.17 73.33 214.88
305.60 12.57 18.94 80.10 214.55
723.60 12.83 19.03 82.29 218.94
564.40 13.17 18.44 83.14 222.84
919.10 13.25 17.93 80.10 212.01
1367.40 12.66 13.22 77.14 214.29
1281.20 13.85 18.94 82.60 220.13
1165.60 15.38 16.84 83.50 224.70
1190.80 13.85 17.85 86.70 225.88
1203.50 14.27 16.33 82.80 221.81
1158.80 16.15 16.42 83.10 227.14
1090.90 16.74 14.39 77.20 226.47
882.30 17.09 15.00 82.40 227.81
1199.50 18.36 16.91 80.80 231.72
1073.80 20.82 19.00 87.20 241.77
1167.50 22.82 20.45 92.30 249.49
1136.60 22.73 20.64 110.40 258.51
1011.80 24.82 18.27 111.00 263.91
968.80 29.73 17.45 108.20 262.33
983.90 34.00 17.82 113.00 269.86
1035.40 31.73 18.27 111.70 263.07
983.10 32.73 17.45 108.40 266.14
881.70 33.00 16.55 106.80 284.65
1097.90 31.00 15.82 97.40 276.65
987.20 43.10 16.90 103.90 301.80
974.40 43.90 16.60 103.80 301.80
1018.80 46.50 15.30 106.40 326.00
1006.70 43.80 14.90 105.20 313.30
973.40 41.80 14.30 102.80 310.00
1266.60 45.30 13.60 105.50 306.90
1298.00 42.60 12.40 98.30 282.20
1566.20 53.10 13.30 93.90 293.10
1675.50 60.40 15.00 88.20 267.60
9 10 11 12 13 14
Pharmaceuticals Jute Telecom Food
GLAXOSMITH IBNSINA SONALIANSH GP FUWANGFOOD OLYMPIC
836.00 55.40 123.40 184.20 14.07 85.36
1050.40 75.51 150.10 213.30 15.50 86.93
959.40 70.33 146.40 189.40 14.61 81.09
954.70 64.88 124.50 192.00 13.01 80.62
974.80 68.96 133.90 203.20 15.35 90.42
955.70 67.74 125.80 200.90 15.41 86.48
1032.20 77.41 130.80 212.30 15.29 106.17
1196.10 81.36 135.90 214.00 13.78 131.98
1306.20 80.01 159.90 213.80 12.94 121.22
1778.40 80.14 127.40 268.90 11.89 141.27
1651.20 77.28 128.90 266.30 12.22 134.80
1549.80 77.14 124.40 300.30 12.28 130.92
1520.40 75.34 117.30 307.50 11.95 142.62
1450.60 72.85 115.40 323.70 13.40 130.80
1438.50 75.55 116.80 381.90 17.18 145.03
1481.20 79.98 119.10 374.50 14.24 154.38
1446.70 75.26 140.90 318.70 15.52 171.98
1512.00 75.34 110.10 361.90 17.11 180.40
1482.20 70.54 96.90 329.30 18.05 185.64
1790.20 79.98 114.20 335.30 17.25 179.29
1859.80 77.73 108.20 358.20 14.80 176.43
1603.30 71.14 86.60 323.70 13.01 167.38
1744.80 71.71 90.40 323.50 17.32 174.45
2028.90 69.82 97.50 329.70 15.67 186.35
2106.10 81.70 116.30 330.50 16.03 219.45
2140.40 105.94 127.00 316.70 15.52 219.05
2130.20 135.37 124.40 285.10 15.59 240.16
1897.80 129.08 132.10 248.60 14.23 227.46
1851.40 100.51 125.60 265.50 13.31 237.05
1799.80 117.75 121.10 253.00 12.06 246.86
1801.40 113.18 115.50 256.70 12.32 249.14
1802.80 111.85 115.10 245.60 11.90 271.24
1798.60 133.96 123.90 226.80 13.23 279.24
1711.60 159.46 122.50 246.40 11.15 289.24
1754.00 163.81 130.30 255.10 11.41 311.05
1724.10 201.30 123.00 254.70 11.57 328.86
1591.20 192.21 137.60 276.40 10.75 323.14
1567.40 211.69 155.60 263.90 10.91 287.62
1601.30 207.79 162.20 269.80 11.65 291.62
1593.00 198.64 193.50 273.20 10.75 287.62
1570.40 196.82 187.50 283.40 11.73 295.60
1532.90 180.45 185.60 284.10 14.55 307.90
1560.40 251.73 203.90 301.60 13.00 308.90
1566.70 239.82 212.10 309.00 13.64 307.30
1518.20 219.18 213.00 332.10 13.91 287.60
1482.00 222.18 223.00 337.60 13.09 277.20
1465.50 219.82 241.30 328.70 13.55 268.00
1486.70 225.36 225.10 344.40 14.45 278.50
1464.10 223.64 226.00 379.50 22.00 287.20
1445.40 237.91 238.10 389.60 21.36 273.70
1458.10 228.09 206.70 415.30 18.27 271.70
1475.50 234.20 217.00 438.30 20.00 256.10
1555.80 242.60 247.70 471.40 21.27 285.40
1550.80 244.40 220.60 470.80 19.80 288.30
1615.00 243.20 200.90 502.40 18.20 284.70
1570.80 243.20 209.90 478.70 18.90 259.40
1452.80 244.30 205.90 462.00 18.60 275.00
1448.00 272.20 273.90 469.60 18.10 264.00
1403.80 256.90 295.00 414.80 16.70 237.30
1447.90 257.40 338.00 388.90 18.50 224.40
1176.10 305.80 292.60 390.20 21.20 206.50
15 16 17 18 19
Food Bank Insurance
BATBC AMCL (PRAN) DHAKABANK BRACBANK PARAMOUNT
1446.50 172.80 14.70 16.62 14.95
1544.40 254.10 14.54 15.55 15.03
1561.80 272.30 13.28 15.38 17.18
1573.00 184.50 14.09 16.62 16.42
1580.00 181.80 14.09 17.05 17.18
1603.10 188.00 14.09 18.12 17.26
1929.00 209.50 15.89 19.28 19.40
2299.10 235.50 17.01 23.33 17.54
2305.10 241.20 15.03 20.25 15.65
2458.50 227.00 16.14 21.17 14.81
2354.30 228.90 15.67 19.92 15.00
2318.10 221.70 15.74 21.92 14.23
2435.40 219.40 14.33 21.75 13.47
2737.10 220.10 13.62 22.25 13.77
2798.00 226.30 14.16 26.83 13.24
2743.30 226.30 15.58 29.08 13.84
2746.30 199.70 14.49 30.33 12.85
2650.30 196.10 14.41 31.00 12.78
2934.40 200.50 16.06 32.92 11.94
3062.70 210.70 15.43 32.17 11.32
3156.70 203.70 13.70 28.58 10.25
3111.60 175.70 12.99 27.50 9.03
2859.90 191.40 16.10 29.08 11.28
3045.00 191.00 15.07 32.75 11.19
3020.10 197.70 16.28 33.50 10.78
3067.10 231.60 16.89 32.58 10.35
2952.40 226.20 17.49 34.33 10.35
2942.80 192.90 17.14 38.67 9.77
2910.00 185.10 16.80 40.08 9.34
2950.50 204.20 17.06 40.58 9.26
3082.80 197.90 16.80 39.58 11.11
2797.50 195.70 15.41 35.92 10.86
2550.20 192.80 15.76 37.25 10.78
2678.90 194.00 12.99 34.50 9.51
2624.80 194.80 14.10 38.67 10.46
2700.00 195.70 14.29 44.17 9.91
2640.80 206.90 13.90 53.17 9.72
2446.70 222.60 15.71 50.75 10.83
2519.10 215.30 16.67 49.92 11.11
2566.50 199.90 15.43 49.92 16.39
2538.70 203.70 16.57 54.50 20.65
2483.00 207.60 17.05 53.42 17.69
2494.40 219.00 19.43 56.42 18.33
2503.80 217.20 20.29 55.83 18.52
2429.80 209.50 21.81 72.25 18.06
2547.90 210.00 18.10 72.80 18.89
2790.70 210.10 17.00 77.60 18.60
2829.30 216.50 18.70 80.70 19.00
3020.30 214.90 18.40 87.80 19.00
3005.30 217.90 20.00 85.80 17.70
2992.80 209.70 20.70 85.90 18.10
3100.90 206.70 21.50 100.60 19.50
3300.10 223.10 24.30 109.80 18.10
3401.60 222.00 22.00 108.40 18.30
3777.80 213.30 19.20 96.80 17.50
3608.10 215.40 17.50 91.60 17.70
3435.20 214.30 16.50 97.20 15.90
3410.30 225.10 16.50 87.70 15.40
3394.60 211.60 14.30 74.50 13.00
3456.70 233.30 14.20 71.20 13.30
3277.10 235.40 12.90 65.70 13.00
20
Insurance
DHAKAINS
37.10
37.10
37.01
36.54
38.50
37.76
42.99
38.69
34.86
32.06
28.22
26.07
24.77
24.77
27.29
27.01
25.33
24.11
22.52
22.71
19.07
15.23
19.50
17.70
17.60
17.50
17.70
17.10
16.90
17.40
18.00
18.20
17.50
14.40
14.90
14.90
14.60
16.70
17.10
17.30
21.10
22.70
24.50
24.20
25.20
22.00
19.50
20.30
21.70
22.50
24.30
23.70
24.00
24.60
22.60
20.60
21.30
20.70
19.20
18.40
18.40
Stock Number 1 2 3 4
Year Month KPCL LINDEBD PADMAOIL EASTRNLUB
2013 July
August
September
October
November
December 9.00 3.00
2014 January
February
March 31.00
April
May 2.50
June
July
August
September
October
November 3.00
December 10.00
2015 January
February
March 31.00
April
May 4.00
June
July
August
September
October
November
December 10.00 3.00
2016 January
February
March 31.00
April
May
June
July
August
September
October
November 7.50
December 10.00 10.00
2017 January
February
March 31.00
April
May
June
July
August
September
October
November 5.50
December 11.00 10.00
2018 January
February
March 34.00
April
May
June
July
5 6 7 8 9
Textile Pharmaceuticals
PTL ZAHINTEX BXPHARMA SQURPHARMA GLAXOSMITH
2.50
0.50
30.00
1.00
3.00
42.00
1.00
3.00
1.60 0.50
55.00
1.50
1.00 0.70 4.00

50.00
1.25 3.50
0.50
55.00
10 11 12 13 14 15
s Jute Telecom Food
IBNSINA SONALIANSH GP FUWANGFOOD OLYMPIC BATBC
1.00
1.00
14.00
62.00
2.50
2.00
1.00
16.00
55.00
3.00
1.00 3.00
14.00
55.00
2.50
1.00 4.00
17.50
60.00
2.50
4.50
1.00
20.50
60.00
16 17 18 19 20
Bank Insurance
AMCL (PRAN) DHAKABANK BRACBANK PARAMOUNT DHAKAINS
3.10
1.70 1.00
2.00
3.20
2.00
1.40
0.80
3.20
0.60 2.50 1.25
3.20
1.00
1.00 0.20 1.20
3.20
1.25
Stock Number 1 2 3
Year Month KPCL LINDEBD PADMAOIL
2013 July
August
September
October
November
December 10.00%
2014 January
February
March
April
May 5.00%
June
July
August
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
4 5 6 7 8
er Textile Pharmaceuticals
30.00%
15.00%
12.00%
5.00%
15.00%
15.00% 10.00%
5.00%
12.50%
10.00%
5.00%
7.00% 8.00% 10.00%

10.00% 10.00% 7.50%
9 10 11 12 13
harmaceuticals Jute Telecom Foo
GLAXOSMITH IBNSINA SONALIANSH GP FUWANGFOOD
10.00%
10.00%
10.00%
5.00%
15.00%
10.00%
10.00%
10.00%
10.00%
14 15 16 17 18
Food Bank
OLYMPIC BATBC AMCL (PRAN) DHAKABANK BRACBANK
50.00%
5.00% 10.00%
35.00%
10.00%
20.00%
10.00%
5.00%
20.00%
5.00%
25.00%
12.50%
19 20
Insurance
PARAMOUNT DHAKAINS
10.00%
10.00% 7.00%
10.00%
8.00%
10.00%
2013 July
August
September
October
November
December
2014 January
February
March
April
May
June
July
August
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
5 6 7 8 9
10 11 12 13 14 15
s Jute Telecom Food
16 17 18 19 20
Bank Insurance
50.00%
2013 July
August
September
October
November
December
2014 January
February
March
April
May
June
July
August
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
5 6 7 8 9
10 11 12 13 14 15
Jute Telecom Food
16 17 18 19 20
Bank Insurance
20.00
Stock Number 1 2 3 4 5
Industry Name Fuel & Power Textile
Year Month KPCL LINDEBD PADMAOIL EASTRNLUB PTL
2013 July
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% 0.00% 0.00%
December 0.00% 0.00% 3.57% 0.98% 0.00%
2014 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% 3.46% 0.00% 0.00% 0.00%
April 0.00% 0.00% 0.00% 0.00% 0.00%
May 5.14% 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% 0.77% 0.00%
December 0.00% 0.00% 3.97% 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% 3.40% 0.00% 0.00% 0.00%
April 0.00% 0.00% 0.00% 0.00% 0.00%
May 6.22% 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% 0.00% 11.63%
December 0.00% 0.00% 5.43% 0.98% 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% 2.91% 0.00% 0.00% 0.00%
April 0.00% 0.00% 0.00% 0.00% 0.00%
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 12.25% 0.00% 0.00% 0.00% 5.85%
December 0.00% 0.00% 5.55% 0.83% 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% 2.55% 0.00% 0.00% 0.00%
April 0.00% 0.00% 0.00% 0.00% 0.00%
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 9.08% 0.00% 0.00% 0.00% 0.00%
December 0.00% 0.00% 4.60% 1.03% 1.14%
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% 2.77% 0.00% 0.00% 0.00%
April 0.00% 0.00% 0.00% 0.00% 0.00%
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%
6 7 8 9 10
ZAHINTEX BXPHARMA SQURPHARMA GLAXOSMITH IBNSINA
0.00% 0.00% 2.25% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
2.64% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 2.30% 0.00%
0.00% 0.00% 0.00% 0.00% 3.12%
0.00% 2.82% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 1.70% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 2.26% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 1.83% 0.00% 0.00% 4.18%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 1.40% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
2.91% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 3.06% 0.00%
0.00% 0.00% 0.00% 0.00% 1.57%
0.00% 1.82% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
4.67% 0.00% 1.76% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 3.29% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 1.07%
0.00% 1.20% 1.16% 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% 3.79% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 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
Jute Telecom Food
SONALIANSH GP FUWANGFOOD OLYMPIC BATBC AMCL (PRAN)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 1.11% 0.00% 1.71%
0.79% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 6.54% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 2.69% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 1.16% 0.00% 1.60%
0.91% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 4.77% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 1.74% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.80% 0.00% 0.00% 1.27% 0.00% 1.73%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 5.70% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 2.16% 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%
0.53% 0.00% 0.00% 1.35% 0.00% 1.57%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 5.66% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 2.47% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 1.58% 0.00% 1.43%
0.45% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 4.28% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 1.75% 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%
17 18 19 20
Bank Insurance
DHAKABANK BRACBANK PARAMOUNT DHAKAINS
0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
11.31% 4.94% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 7.09%
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% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 7.00% 0.00% 0.00%
10.78% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 4.10%
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% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
4.26% 6.46% 0.00% 8.39%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 1.37% 0.00% 0.00%
5.88% 0.00% 1.08% 6.15%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 6.51%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
2013 July
August -2.67% 20.45% 3.30% 7.66%
September -9.63% -10.67% -13.90% 21.49%
October 2.17% -6.49% -13.21% -15.77%
November 6.59% -0.61% 11.94% -2.94%
December -1.99% 1.24% -2.77% -0.84%
2014 January 23.42% 12.20% 30.24% 13.43%
February -6.10% 26.33% -0.43% 24.89%
March -7.73% 0.46% 4.74% 29.06%
April 0.38% 26.51% 1.08% -1.39%
May 1.67% -20.14% -5.89% -7.31%
June -5.14% -2.51% -1.35% -12.96%
July 0.87% -0.33% 3.30% -10.28%
August 7.96% -4.80% -3.25% -1.17%
September 0.00% 3.24% 6.69% 3.33%
October 29.48% 4.28% -2.33% 3.20%
November -16.15% -0.33% -20.75% -8.42%
December 4.59% 1.77% -5.20% 4.65%
2015 January -0.70% -2.03% -7.95% -8.27%
February 0.53% 4.44% 7.47% 1.59%
March 13.71% -2.67% -0.16% 0.21%
April -5.26% -10.51% -18.91% -7.27%
May 4.89% 1.17% 24.52% -6.92%
June 10.73% 15.97% -2.63% 11.97%
July 8.57% 26.18% 3.27% -2.95%
August -7.89% -8.09% -1.94% 4.59%
September 3.65% 17.67% -0.12% -1.24%
October 0.00% -9.04% -8.38% -4.45%
November -1.22% 1.04% -12.41% -7.51%
December 2.74% -5.09% -7.11% -5.71%
2016 January 0.13% -0.17% -7.87% 136.78%
February -0.27% -1.16% -2.83% -22.00%
March -4.55% -5.17% 4.12% 62.85%
April -1.96% 12.64% 11.82% 48.78%
May -4.71% 14.54% -4.90% -6.30%
June -2.70% 4.56% 1.75% -9.02%
July -2.93% 0.07% -0.54% 2.16%
August -2.06% -3.56% -0.38% 1.07%
September 3.08% 2.31% 2.82% -3.71%
October 0.79% -7.25% -1.22% -5.86%
November -4.52% 2.44% 2.09% -19.12%
December 2.12% -3.86% -5.61% 35.95%
2017 January 3.52% -1.75% 27.25% -10.48%
February -0.15% 0.75% 11.25% 8.73%
March -1.39% -5.08% -0.71% -2.65%
April -5.02% 0.55% -1.93% -10.98%
May -3.31% 7.09% -2.29% -4.25%
June 1.20% -2.57% 5.44% 1.56%
July 3.55% 1.49% -3.05% 5.23%
August 2.45% -4.22% 1.33% -5.05%
September 0.80% -1.92% -2.90% -10.31%
October 5.37% -0.07% -1.23% 24.52%
November -9.15% 5.13% -1.58% -10.08%
December -3.47% 0.41% 0.72% -1.30%
2018 January -3.25% -0.45% 0.25% 4.56%
February 0.88% -3.97% -3.71% -1.19%
March -5.08% -0.19% -6.50% -3.31%
April -0.37% 3.42% 9.32% 30.12%
May 15.74% -1.52% -0.51% 2.48%
June 8.16% 0.70% -2.13% 20.66%
July 0.89% -3.39% -2.09% 6.98%
5 6 7 8 9 10
PTL ZAHINTEX BXPHARMA SQURPHARMA GLAXOSMITH IBNSINA
0.00% -0.95% 4.12% 35.81% 25.65% 36.30%

0.00% 0.96% -7.07% 2.36% -8.66% -6.86%
0.00% -9.27% -2.47% 3.45% -0.49% -7.75%
100.38% 27.09% 9.87% 7.45% 2.11% 6.29%
15.60% 0.74% -1.26% -1.60% -1.96% -1.77%
0.76% 1.47% 14.84% 20.08% 8.00% 14.28%
-10.55% -12.62% -8.84% 16.33% 15.88% 5.10%
-5.37% -2.07% 1.59% 0.49% 9.20% -1.66%
-23.11% -13.35% -12.55% 5.51% 36.15% 10.18%
9.14% 0.00% -1.78% -4.16% -7.15% -3.57%
-7.61% -0.56% 6.37% 4.52% -6.14% -0.18%
-1.70% -0.49% 3.13% -9.54% -1.90% -2.33%
13.37% 7.40% 29.84% 21.43% -4.59% -3.31%
-12.08% -5.05% 25.49% 11.17% -0.83% 3.71%
-4.20% -7.74% -6.44% 6.95% 2.97% 5.86%
-2.32% 2.17% -6.57% -9.62% -2.33% -5.90%
-2.53% 1.85% -3.93% 2.62% 4.51% 0.11%
-10.85% -10.93% -4.08% -1.63% -1.97% -6.37%
-4.86% -5.42% 1.96% 3.74% 20.78% 13.38%
-14.77% -7.24% -1.92% -0.26% 3.89% -2.81%
-10.15% 0.00% -20.42% -6.50% -13.79% -8.48%
20.63% 13.98% 41.48% 0.24% 8.83% 5.84%
-1.63% 9.60% 9.22% 6.33% 16.28% -2.64%
7.27% 10.46% 10.98% 4.00% 3.81% 17.02%
-5.24% 24.16% -5.59% 4.33% 1.63% 29.67%
0.00% -0.41% 8.66% 10.94% -0.48% 27.78%
3.84% 15.44% -0.29% -2.57% -10.91% -4.65%
-13.84% -2.84% 8.00% 4.56% -2.44% -22.13%
-8.65% 10.31% 9.23% -0.15% -2.79% 17.15%
2.07% 0.48% 2.73% 2.05% 0.09% -3.88%
2.65% -3.10% 1.03% 1.78% 0.08% -1.18%
0.61% -2.77% -3.66% -4.86% -0.23% 19.77%
-4.45% -26.27% -3.70% 1.08% -4.84% 30.94%
9.40% 43.27% 12.43% 2.73% 2.48% 2.73%
11.05% -11.09% 1.09% 2.08% -1.70% 22.89%
-9.95% 6.00% 3.83% 0.53% -7.71% -4.52%
3.03% -8.52% -4.50% -1.80% -1.50% 10.13%
13.17% 0.55% 0.36% 2.40% 2.16% -1.84%
3.65% -12.36% -7.10% -0.29% -0.52% -4.40%
9.24% 12.58% 6.74% 10.65% -1.42% -0.92%
7.43% 12.73% -1.94% 1.72% -2.39% -8.32%
13.40% 12.36% 7.92% 4.34% 1.79% 39.50%
9.61% 7.63% 5.85% 3.19% 0.40% -4.73%
-0.39% 0.93% 19.61% 3.62% -3.10% -8.61%
9.19% -11.48% 0.54% 2.09% -2.38% 1.37%
19.78% -4.49% -2.52% -0.60% -1.11% -1.06%
14.36% 2.12% 4.44% 2.87% 1.45% 2.52%
-6.68% 2.53% -1.15% -2.52% -1.52% -0.76%
3.15% -4.49% -2.95% 1.17% -1.28% 6.38%
0.82% -5.16% -1.48% 6.95% 0.88% -4.13%
-6.06% -4.41% -8.80% -2.81% 1.19% 12.95%
52.94% 17.51% 6.67% 17.27% 5.44% 3.59%
1.86% -1.78% -0.10% 0.00% -0.32% 0.74%
5.92% -7.83% 2.50% 8.02% 4.14% -0.49%
-5.81% -2.61% -1.13% -3.90% -2.74% 0.00%
-4.57% -4.03% -2.28% -1.05% -7.51% 0.45%
8.37% -4.90% 2.63% -1.00% -0.33% 11.42%
-5.96% -8.82% -6.82% -8.05% -3.05% -5.62%
24.65% 7.26% -4.48% 3.86% 3.14% 0.19%
13.75% 12.78% -6.07% -8.70% -18.77% 18.80%
11 12 13 14 15 16
Jute Telecom Food
21.64% 15.80% 10.16% 1.84% 6.77% 47.05%

-2.47% -11.20% -5.74% -6.72% 1.13% 7.16%
-14.96% 1.37% -10.95% -0.58% 0.72% -32.24%
7.55% 5.83% 29.78% 68.23% 0.45% -1.46%
-6.05% -1.13% 0.39% -4.36% 1.46% 3.41%
3.97% 5.67% -0.78% 22.77% 20.33% 11.44%
3.90% 0.80% -9.88% 24.31% 19.19% 12.41%
17.66% -0.09% -6.10% -8.15% 0.26% 2.42%
-20.33% 25.77% -8.11% 16.54% 6.65% -5.89%
1.18% -0.97% 2.78% -4.58% -4.24% 0.84%
-3.49% 12.77% 0.49% -2.88% -1.54% -3.15%
-5.71% 2.40% -2.69% 8.94% 5.06% -1.04%
-1.62% 5.27% 12.13% -8.29% 12.39% 0.32%
1.21% 17.98% 28.21% 10.88% 2.22% 2.82%
1.97% -1.94% -17.11% 6.45% -1.95% 0.00%
18.30% -14.90% 19.89% 50.39% 0.11% -11.75%
-21.86% 13.56% 10.24% 4.90% -3.50% -1.80%
-11.99% -9.01% 5.49% 2.90% 10.72% 2.24%
17.85% 1.82% -4.43% -3.42% 4.37% 5.09%
-5.25% 6.83% -14.20% -1.60% 3.07% -3.32%
-19.96% -9.63% -12.09% -5.13% -1.43% -13.75%
4.39% -0.06% 33.13% 4.22% -8.09% 8.94%
7.85% 1.92% -9.53% 6.82% 6.47% -0.21%
19.28% 0.24% 2.30% 17.76% -0.82% 3.51%
9.20% -4.18% -3.18% -0.18% 1.56% 17.15%
-2.05% -9.98% 0.45% 9.64% -3.74% -2.33%
6.19% -12.80% -8.72% -5.29% -0.33% -14.72%
-4.92% 6.80% 7.57% 25.06% -1.11% -4.04%
-3.58% -4.71% -9.39% 4.14% 1.39% 10.32%
-4.62% 1.46% 2.16% 0.92% 4.48% -3.09%
-0.35% -4.32% -3.41% 8.87% -9.25% -1.11%
7.65% -7.65% 11.18% 2.95% -8.84% -1.48%
-1.13% 8.64% -15.72% 3.58% 5.05% 0.62%
6.37% 3.53% 2.33% 7.54% -2.02% 0.41%
-5.60% -0.16% 1.40% 5.73% 2.86% 0.46%
11.87% 8.52% -7.09% -1.74% -2.19% 5.72%
13.08% -4.52% 1.49% -10.99% -7.35% 7.59%
4.24% 2.24% 6.78% 1.39% 2.96% -3.28%
19.30% 1.26% -7.73% -1.37% 1.88% -7.15%
-3.10% 3.73% 20.03% 7.91% -1.08% 1.90%
-1.01% 0.25% 24.04% 4.16% -2.19% 1.91%
9.86% 6.16% -10.65% 0.32% 0.46% 5.49%
4.02% 2.45% 4.92% -0.52% 0.38% -0.82%
0.42% 7.48% 1.98% -6.41% -2.96% -3.55%
4.69% 1.66% -5.90% -3.62% 4.86% 0.24%
8.21% -2.64% 3.51% -3.32% 9.53% 0.05%
-6.71% 4.78% 6.64% 3.92% 1.38% 3.05%
0.40% 10.19% 52.25% 3.12% 6.75% -0.74%
5.35% 2.66% -2.91% -4.70% -0.50% 1.40%
-13.19% 6.60% -14.47% -0.73% -0.42% -3.76%
4.98% 5.54% 9.47% -5.74% 3.61% -1.43%
14.15% 7.55% 16.99% 11.44% 6.42% 7.93%
-10.94% -0.13% -6.91% 1.02% 3.08% -0.49%
-8.93% 6.71% -8.08% -1.25% 11.06% -3.92%
4.48% -4.72% 3.85% -8.89% -4.49% 0.98%
-1.91% -3.49% -1.59% 6.01% -4.79% -0.51%
33.03% 1.65% -2.69% -4.00% -0.72% 5.04%
7.70% -11.67% -7.73% -10.11% -0.46% -6.00%
14.58% -6.24% 10.78% -5.44% 1.83% 10.26%
-13.43% 0.33% 14.59% -7.98% -5.20% 0.90%
17 18 19 20
Bank Insurance
-1.09% -6.44% 0.54% 0.00%

-8.67% -1.09% 14.30% -0.24%
6.10% 8.06% -4.42% -1.27%
0.00% 2.59% 4.63% 5.36%
0.00% 6.28% 0.47% -1.92%
12.78% 6.40% 12.40% 13.85%
7.05% 29.64% -9.59% -10.00%
-7.22% -4.52% -10.78% -9.90%
7.39% 4.54% -5.37% -8.03%
-2.91% -5.90% 11.41% -11.98%
0.45% 10.04% -5.13% -7.62%
-8.96% -0.78% -5.34% -4.99%
-4.95% 2.30% 2.23% 0.00%
3.96% 20.58% -3.85% 10.17%
10.03% 8.39% 4.53% -1.03%
-7.00% 4.30% -7.15% -6.22%
-0.55% 2.21% -0.54% -4.82%
11.45% 6.19% -6.57% -6.59%
-3.92% -2.28% -5.19% 0.84%
-11.21% -11.16% -9.45% -16.03%
4.30% -3.78% -11.90% -20.14%
23.94% 5.75% 37.41% 37.00%
-6.40% 12.62% -0.80% -9.23%
8.03% 2.29% -3.66% -0.56%
3.75% -2.75% -3.99% -0.57%
3.55% 5.37% 0.00% 1.14%
-2.00% 12.64% -5.60% -3.39%
-1.98% 3.65% -4.40% -1.17%
1.55% 1.25% -0.86% 2.96%
-1.52% -2.46% 19.98% 3.45%
-8.27% -9.25% -2.25% 1.11%
2.27% 3.70% -0.74% -3.85%
-17.58% -7.38% -11.78% -17.71%
19.40% 12.09% 20.99% 3.47%
1.35% 14.22% -5.26% 0.00%
-2.73% 20.38% -1.92% -2.01%
13.02% -4.55% 11.42% 14.38%
6.11% -1.64% 2.59% 2.40%
-7.44% 0.00% 47.52% 1.17%
7.39% 9.17% 25.99% 21.97%
2.90% -1.98% -14.33% 7.58%
13.96% 5.62% 3.62% 7.93%
4.43% -1.05% 1.04% -1.22%
7.49% 29.41% -2.48% 4.13%
-17.01% 20.91% 4.60% -12.70%
-1.38% 6.59% 6.34% -11.36%
10.00% 3.99% 2.15% 4.10%
-1.60% 8.80% 0.00% 6.90%
8.70% -2.28% -6.84% 3.69%
3.50% 0.12% 2.26% 8.00%
3.86% 17.11% 7.73% -2.47%
13.02% 9.15% -7.18% 1.27%
-9.47% -1.28% 1.10% 2.50%
-12.73% -10.70% -4.37% -8.13%
-8.85% -5.37% 1.14% -8.85%
-5.71% 6.11% -10.17% 3.40%
0.00% 12.78% 6.54% -2.82%
-2.50% -15.05% -15.58% -7.25%
-0.70% -4.43% 2.31% -4.17%
-9.15% -7.72% -2.26% 0.00%
August -2.67% 20.45% 3.30% 7.66%
September -9.63% -10.67% -13.90% 21.49%
October 2.17% -6.49% -13.21% -15.77%
November 6.59% -0.61% 11.94% -2.94%
December -1.99% 1.24% 0.79% 0.14%
2014 January 23.42% 12.20% 30.24% 13.43%
February -6.10% 26.33% -0.43% 24.89%
March -7.73% 3.92% 4.74% 29.06%
April 0.38% 26.51% 1.08% -1.39%
May 6.82% -20.14% -5.89% -7.31%
June -5.14% -2.51% -1.35% -12.96%
July 0.87% -0.33% 3.30% -10.28%
August 7.96% -4.80% -3.25% -1.17%
September 0.00% 3.24% 6.69% 3.33%
October 29.48% 4.28% -2.33% 3.20%
November -16.15% -0.33% -20.75% -7.64%
December 4.59% 1.77% -1.23% 4.65%
2015 January -0.70% -2.03% -7.95% -8.27%
February 0.53% 4.44% 7.47% 1.59%
March 13.71% 0.73% -0.16% 0.21%
April -5.26% -10.51% -18.91% -7.27%
May 11.11% 1.17% 24.52% -6.92%
June 10.73% 15.97% -2.63% 11.97%
July 8.57% 26.18% 3.27% -2.95%
August -7.89% -8.09% -1.94% 4.59%
September 3.65% 17.67% -0.12% -1.24%
October 0.00% -9.04% -8.38% -4.45%
November -1.22% 1.04% -12.41% -7.51%
December 2.74% -5.09% -1.68% -4.73%
2016 January 0.13% -0.17% -7.87% 136.78%
February -0.27% -1.16% -2.83% -22.00%
March -4.55% -2.26% 4.12% 62.85%
April -1.96% 12.64% 11.82% 48.78%
May -4.71% 14.54% -4.90% -6.30%
June -2.70% 4.56% 1.75% -9.02%
July -2.93% 0.07% -0.54% 2.16%
August -2.06% -3.56% -0.38% 1.07%
September 3.08% 2.31% 2.82% -3.71%
October 0.79% -7.25% -1.22% -5.86%
November 7.73% 2.44% 2.09% -19.12%
December 2.12% -3.86% -0.06% 36.79%
2017 January 3.52% -1.75% 27.25% -10.48%
February -0.15% 0.75% 11.25% 8.73%
March -1.39% -2.54% -0.71% -2.65%
April -5.02% 0.55% -1.93% -10.98%
May -3.31% 7.09% -2.29% -4.25%
June 1.20% -2.57% 5.44% 1.56%
July 3.55% 1.49% -3.05% 5.23%
August 2.45% -4.22% 1.33% -5.05%
September 0.80% -1.92% -2.90% -10.31%
October 5.37% -0.07% -1.23% 24.52%
November -0.07% 5.13% -1.58% -10.08%
December -3.47% 0.41% 5.32% -0.27%
2018 January -3.25% -0.45% 0.25% 4.56%
February 0.88% -3.97% -3.71% -1.19%
March -5.08% 2.59% -6.50% -3.31%
April -0.37% 3.42% 9.32% 30.12%
May 15.74% -1.52% -0.51% 2.48%
June 8.16% 0.70% -2.13% 20.66%
July 0.89% -3.39% -2.09% 6.98%
Mean Return 1.40% 1.74% 0.29% 4.87%

5 6 7 8 9 10
PTL ZAHINTEX BXPHARMA SQURPHARMA GLAXOSMITH IBNSINA
0.00% -0.95% 4.12% 38.06% 25.65% 36.30%
0.00% 0.96% -7.07% 2.36% -8.66% -6.86%
0.00% -9.27% -2.47% 3.45% -0.49% -7.75%
100.38% 29.73% 9.87% 7.45% 2.11% 6.29%
15.60% 0.74% -1.26% -1.60% -1.96% -1.77%
0.76% 1.47% 14.84% 20.08% 8.00% 14.28%
-10.55% -12.62% -8.84% 16.33% 15.88% 5.10%
-5.37% -2.07% 1.59% 0.49% 11.50% -1.66%
-23.11% -13.35% -12.55% 5.51% 36.15% 13.30%
9.14% 0.00% 1.04% -4.16% -7.15% -3.57%
-7.61% -0.56% 6.37% 4.52% -6.14% -0.18%
-1.70% -0.49% 3.13% -9.54% -1.90% -2.33%
13.37% 7.40% 29.84% 23.13% -4.59% -3.31%
-12.08% -5.05% 25.49% 11.17% -0.83% 3.71%
-4.20% -7.74% -6.44% 6.95% 2.97% 5.86%
-2.32% 2.17% -6.57% -9.62% -2.33% -5.90%
-2.53% 1.85% -3.93% 2.62% 4.51% 0.11%
-10.85% -10.93% -4.08% -1.63% -1.97% -6.37%
-4.86% -5.42% 1.96% 3.74% 20.78% 13.38%
-14.77% -7.24% -1.92% -0.26% 6.15% -2.81%
-10.15% 0.00% -20.42% -6.50% -13.79% -8.48%
20.63% 13.98% 43.31% 0.24% 8.83% 10.02%
-1.63% 9.60% 9.22% 6.33% 16.28% -2.64%
7.27% 10.46% 10.98% 4.00% 3.81% 17.02%
-5.24% 24.16% -5.59% 5.73% 1.63% 29.67%
0.00% -0.41% 8.66% 10.94% -0.48% 27.78%
3.84% 15.44% -0.29% -2.57% -10.91% -4.65%
-2.21% 0.07% 8.00% 4.56% -2.44% -22.13%
-8.65% 10.31% 9.23% -0.15% -2.79% 17.15%
2.07% 0.48% 2.73% 2.05% 0.09% -3.88%
2.65% -3.10% 1.03% 1.78% 0.08% -1.18%
0.61% -2.77% -3.66% -4.86% 2.82% 19.77%
-4.45% -26.27% -3.70% 1.08% -4.84% 32.51%
9.40% 43.27% 14.25% 2.73% 2.48% 2.73%
11.05% -11.09% 1.09% 2.08% -1.70% 22.89%
-9.95% 6.00% 3.83% 0.53% -7.71% -4.52%
3.03% -8.52% -4.50% -1.80% -1.50% 10.13%
13.17% 0.55% 0.36% 2.40% 2.16% -1.84%
3.65% -12.36% -7.10% -0.29% -0.52% -4.40%
15.09% 17.24% 6.74% 12.41% -1.42% -0.92%
7.43% 12.73% -1.94% 1.72% -2.39% -8.32%
13.40% 12.36% 7.92% 4.34% 1.79% 39.50%
9.61% 7.63% 5.85% 3.19% 0.40% -4.73%
-0.39% 0.93% 19.61% 3.62% 0.20% -8.61%
9.19% -11.48% 0.54% 2.09% -2.38% 1.37%
19.78% -4.49% -2.52% -0.60% -1.11% -1.06%
14.36% 2.12% 4.44% 2.87% 1.45% 2.52%
-6.68% 2.53% -1.15% -2.52% -1.52% -0.76%
3.15% -4.49% -2.95% 1.17% -1.28% 6.38%
0.82% -5.16% -1.48% 6.95% 0.88% -4.13%
-6.06% -4.41% -8.80% -2.81% 1.19% 14.01%
52.94% 17.51% 7.88% 18.43% 5.44% 3.59%
3.00% -1.78% -0.10% 0.00% -0.32% 0.74%
5.92% -7.83% 2.50% 8.02% 4.14% -0.49%
-5.81% -2.61% -1.13% -3.90% -2.74% 0.00%
-4.57% -4.03% -2.28% -1.05% -3.73% 0.45%
8.37% -4.90% 2.63% -1.00% -0.33% 11.42%
-5.96% -8.82% -6.82% -8.05% -3.05% -5.62%
24.65% 7.26% -4.48% 3.86% 3.14% 0.19%
13.75% 12.78% -6.07% -8.70% -18.77% 18.80%
4.11% 1.19% 2.15% 3.12% 1.15% 4.27%

11 12 13 14 15 16
Jute Telecom Food
21.64% 15.80% 10.16% 1.84% 6.77% 47.05%
-2.47% -11.20% -5.74% -6.72% 1.13% 7.16%
-14.96% 1.37% -10.95% -0.58% 0.72% -32.24%
7.55% 5.83% 29.78% 69.34% 0.45% 0.24%
-5.25% -1.13% 0.39% -4.36% 1.46% 3.41%
3.97% 5.67% -0.78% 22.77% 20.33% 11.44%
3.90% 7.34% -9.88% 24.31% 19.19% 12.41%
17.66% -0.09% -6.10% -8.15% 2.95% 2.42%
-20.33% 25.77% -8.11% 16.54% 6.65% -5.89%
1.18% -0.97% 2.78% -4.58% -4.24% 0.84%
-3.49% 12.77% 0.49% -2.88% -1.54% -3.15%
-5.71% 2.40% -2.69% 8.94% 5.06% -1.04%
-1.62% 5.27% 12.13% -8.29% 12.39% 0.32%
1.21% 17.98% 28.21% 10.88% 2.22% 2.82%
1.97% -1.94% -17.11% 6.45% -1.95% 0.00%
18.30% -14.90% 19.89% 51.55% 0.11% -10.15%
-20.95% 13.56% 10.24% 4.90% -3.50% -1.80%
-11.99% -9.01% 5.49% 2.90% 10.72% 2.24%
17.85% 6.59% -4.43% -3.42% 4.37% 5.09%
-5.25% 6.83% -14.20% -1.60% 4.81% -3.32%
-19.96% -9.63% -12.09% -5.13% -1.43% -13.75%
4.39% -0.06% 33.13% 4.22% -8.09% 8.94%
7.85% 1.92% -9.53% 6.82% 6.47% -0.21%
19.28% 0.24% 2.30% 17.76% -0.82% 3.51%
9.20% -4.18% -3.18% -0.18% 1.56% 17.15%
-2.05% -9.98% 0.45% 9.64% -3.74% -2.33%
6.19% -12.80% -8.72% -5.29% -0.33% -14.72%
-4.12% 6.80% 7.57% 26.32% -1.11% -2.31%
-3.58% -4.71% -9.39% 4.14% 1.39% 10.32%
-4.62% 1.46% 2.16% 0.92% 4.48% -3.09%
-0.35% 1.38% -3.41% 8.87% -9.25% -1.11%
7.65% -7.65% 11.18% 2.95% -6.68% -1.48%
-1.13% 8.64% -15.72% 3.58% 5.05% 0.62%
6.37% 3.53% 2.33% 7.54% -2.02% 0.41%
-5.60% -0.16% 1.40% 5.73% 2.86% 0.46%
11.87% 8.52% -7.09% -1.74% -2.19% 5.72%
13.08% -4.52% 1.49% -10.99% -7.35% 7.59%
4.24% 2.24% 6.78% 1.39% 2.96% -3.28%
19.30% 1.26% -7.73% -1.37% 1.88% -7.15%
-2.57% 3.73% 20.03% 9.27% -1.08% 3.47%
-1.01% 0.25% 24.04% 4.16% -2.19% 1.91%
9.86% 6.16% -10.65% 0.32% 0.46% 5.49%
4.02% 8.12% 4.92% -0.52% 0.38% -0.82%
0.42% 7.48% 1.98% -6.41% -0.49% -3.55%
4.69% 1.66% -5.90% -3.62% 4.86% 0.24%
8.21% -2.64% 3.51% -3.32% 9.53% 0.05%
-6.71% 4.78% 6.64% 3.92% 1.38% 3.05%
0.40% 10.19% 52.25% 3.12% 6.75% -0.74%
5.35% 2.66% -2.91% -4.70% -0.50% 1.40%
-13.19% 6.60% -14.47% -0.73% -0.42% -3.76%
4.98% 5.54% 9.47% -5.74% 3.61% -1.43%
14.15% 7.55% 16.99% 13.02% 6.42% 9.37%
-10.49% -0.13% -6.91% 1.02% 3.08% -0.49%
-8.93% 6.71% -8.08% -1.25% 11.06% -3.92%
4.48% -0.43% 3.85% -8.89% -4.49% 0.98%
-1.91% -3.49% -1.59% 6.01% -3.05% -0.51%
33.03% 1.65% -2.69% -4.00% -0.72% 5.04%
7.70% -11.67% -7.73% -10.11% -0.46% -6.00%
14.58% -6.24% 10.78% -5.44% 1.83% 10.26%
-13.43% 0.33% 14.59% -7.98% -5.20% 0.90%
2.08% 1.98% 2.33% 3.89% 1.71% 1.07%

17 18 19 20
Bank Insurance
-1.09% -6.44% 0.54% 0.00%
-8.67% -1.09% 14.30% -0.24%
6.10% 8.06% -4.42% -1.27%
0.00% 2.59% 4.63% 5.36%
0.00% 6.28% 0.47% -1.92%
12.78% 6.40% 12.40% 13.85%
7.05% 29.64% -9.59% -10.00%
4.09% 0.42% -10.78% -9.90%
7.39% 4.54% -5.37% -8.03%
-2.91% -5.90% 11.41% -4.89%
0.45% 10.04% -5.13% -7.62%
-8.96% -0.78% -5.34% -4.99%
-4.95% 2.30% 2.23% 0.00%
3.96% 20.58% -3.85% 10.17%
10.03% 8.39% 4.53% -1.03%
-7.00% 4.30% -7.15% -6.22%
-0.55% 2.21% -0.54% -4.82%
11.45% 6.19% -6.57% -6.59%
-3.92% -2.28% -5.19% 0.84%
-11.21% -4.16% -9.45% -16.03%
15.08% -3.78% -11.90% -20.14%
23.94% 5.75% 37.41% 41.10%
-6.40% 12.62% -0.80% -9.23%
8.03% 2.29% -3.66% -0.56%
3.75% -2.75% -3.99% -0.57%
3.55% 5.37% 0.00% 1.14%
-2.00% 12.64% -5.60% -3.39%
-1.98% 3.65% -4.40% -1.17%
1.55% 1.25% -0.86% 2.96%
-1.52% -2.46% 19.98% 3.45%
-8.27% -9.25% -2.25% 1.11%
2.27% 3.70% -0.74% -3.85%
-17.58% -7.38% -11.78% -17.71%
23.65% 18.55% 20.99% 11.86%
1.35% 14.22% -5.26% 0.00%
-2.73% 20.38% -1.92% -2.01%
13.02% -4.55% 11.42% 14.38%
6.11% -1.64% 2.59% 2.40%
-7.44% 0.00% 47.52% 1.17%
7.39% 9.17% 25.99% 21.97%
2.90% -1.98% -14.33% 7.58%
13.96% 5.62% 3.62% 7.93%
4.43% -1.05% 1.04% -1.22%
7.49% 29.41% -2.48% 4.13%
-17.01% 22.29% 4.60% -12.70%
4.50% 6.59% 7.42% -5.21%
10.00% 3.99% 2.15% 4.10%
-1.60% 8.80% 0.00% 6.90%
8.70% -2.28% -6.84% 3.69%
3.50% 0.12% 2.26% 8.00%
3.86% 17.11% 7.73% -2.47%
13.02% 9.15% -7.18% 1.27%
-9.47% -1.28% 1.10% 2.50%
-12.73% -10.70% -4.37% -8.13%
-8.85% -5.37% 1.14% -8.85%
-5.71% 6.11% -10.17% 3.40%
0.00% 12.78% 6.54% -2.82%
-2.50% -15.05% -15.58% -0.74%
-0.70% -4.43% 2.31% -4.17%
-9.15% -7.72% -2.26% 0.00%
1.34% 4.02% 1.11% -0.12%

Risk Free Rate
Issue Date Tenor and Name Cutoff Yield
18/07/2018 10yr T.Bond 7.00%
Monthly Risk Free Rate

0.58%
Company Name Mean Return Risk Free Rate Excess Return
KPCL 1.40% 0.58% 0.82%
LINDEBD 1.74% 0.58% 1.16%
PADMAOIL 0.29% 0.58% -0.30%
EASTRNLUB 4.87% 0.58% 4.28%
PTL 4.11% 0.58% 3.52%
ZAHINTEX 1.19% 0.58% 0.61%
BXPHARMA 2.15% 0.58% 1.57%
SQURPHARMA 3.12% 0.58% 2.54%

GLAXOSMITH 1.15% 0.58% 0.56%
IBNSINA 4.27% 0.58% 3.69%
SONALIANSH 2.08% 0.58% 1.50%
GP 1.98% 0.58% 1.40%
FUWANGFOOD 2.33% 0.58% 1.74%
OLYMPIC 3.89% 0.58% 3.30%
BATBC 1.71% 0.58% 1.13%
AMCL (PRAN) 1.07% 0.58% 0.48%
DHAKABANK 1.34% 0.58% 0.76%
BRACBANK 4.02% 0.58% 3.44%
PARAMOUNT 1.11% 0.58% 0.53%
DHAKAINS -0.12% 0.58% -0.70%
KPCL LINDEBD PADMAOIL
KPCL 0.005312 0.000666 0.002530
LINDEBD 0.000666 0.007734 0.002148
PADMAOIL 0.002530 0.002148 0.007837
EASTRNLUB -0.000852 0.001838 0.000938
PTL 0.001324 -0.001406 0.003789
ZAHINTEX 0.000329 -0.000723 0.000789
BXPHARMA 0.001808 0.000963 0.004236
SQURPHARMA 0.001062 0.003227 0.001878
GLAXOSMITH 0.000815 0.004971 0.002407
IBNSINA 0.000422 0.004010 0.005654
SONALIANSH -0.000202 0.001509 0.002337
GP 0.000479 0.002636 0.002462
FUWANGFOOD 0.000018 -0.000505 0.001163
OLYMPIC 0.000081 0.003972 0.000884
BATBC 0.000328 0.001909 0.000758
AMCL (PRAN) 0.000068 0.002616 0.003110
DHAKABANK 0.001223 0.001249 0.001861
BRACBANK -0.000698 0.002193 0.000178
PARAMOUNT 0.001500 -0.001119 0.002202
DHAKAINS 0.001782 -0.000294 0.003582
Equal Weight Case

Company Name Mean Return Weight
KPCL 1.40% 0.05
LINDEBD 1.74% 0.05
PADMAOIL 0.29% 0.05
EASTRNLUB 4.87% 0.05
PTL 4.11% 0.05
ZAHINTEX 1.19% 0.05
BXPHARMA 2.15% 0.05
SQURPHARMA 3.12% 0.05
GLAXOSMITH 1.15% 0.05
IBNSINA 4.27% 0.05
SONALIANSH 2.08% 0.05
GP 1.98% 0.05
FUWANGFOOD 2.33% 0.05
OLYMPIC 3.89% 0.05
BATBC 1.71% 0.05
AMCL (PRAN) 1.07% 0.05
DHAKABANK 1.34% 0.05
BRACBANK 4.02% 0.05
PARAMOUNT 1.11% 0.05
DHAKAINS -0.12% 0.05
Total Weight 1
Monthly risk free rate 0.58%

Portfolio Return 2.18%
Portfolio Variance 0.21%
Portfolio standard deviation 4.56%
Sharpe Ratio or Slope 35.10%
Risk Aversion & Asset Allocation

E (Rp) 0.0547
Rf 0.0058
A 5
s^2P 0.0546
Weight in Risky Asset (y*) 0.1791
Weight in Riskfree Asset 0.8209
Short Sale Allowed and Riskless l
-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
0.053184 -0.003640 -0.003233 -0.002738 -0.000436
-0.003640 0.028692 0.009589 0.004683 0.002217
-0.003233 0.009589 0.012472 0.004372 0.000931
-0.002738 0.004683 0.004372 0.009967 0.002992
-0.000436 0.002217 0.000931 0.002992 0.006294
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

KPCL 1.40% 32.09%
LINDEBD 1.74% -29.62%
PADMAOIL 0.29% -65.12%
EASTRNLUB 4.87% 7.24%
PTL 4.11% 10.83%
ZAHINTEX 1.19% -11.87%
BXPHARMA 2.15% 24.54%
SQURPHARMA 3.12% -1.93%
GLAXOSMITH 1.15% -3.02%
IBNSINA 4.27% 45.68%
SONALIANSH 2.08% 12.07%
GP 1.98% 32.18%
FUWANGFOOD 2.33% 0.32%
OLYMPIC 3.89% 10.04%
BATBC 1.71% 23.00%
AMCL (PRAN) 1.07% -10.71%
DHAKABANK 1.34% 13.87%
BRACBANK 4.02% 22.20%
PARAMOUNT 1.11% 2.53%
DHAKAINS -0.12% -14.32%
Total Weight 1

wed and Riskless lending and Borrwing Allowed
GLAXOSMITH IBNSINA SONALIANSH GP FUWANGFOOD OLYMPIC
0.000815 0.000422 -0.000202 0.000479 0.000018 0.000081
0.004971 0.004010 0.001509 0.002636 -0.000505 0.003972
0.002407 0.005654 0.002337 0.002462 0.001163 0.000884
0.001378 0.002907 0.002442 -0.000494 0.000394 -0.002773
-0.001404 0.000671 0.003957 -0.000496 0.008785 0.009728
-0.001081 0.000258 0.001938 -0.000763 0.005649 0.003803
0.000695 0.000683 0.001734 0.001854 0.004963 0.001739
0.003305 0.002711 0.001200 0.002827 0.000760 0.001878
0.007161 0.002830 0.001663 0.003225 -0.000623 0.002467
0.002830 0.014519 0.003105 0.001243 -0.000894 0.000301
0.001663 0.003105 0.011501 -0.001152 0.001452 0.000946
0.003225 0.001243 -0.001152 0.005678 0.001319 0.001066
-0.000623 -0.000894 0.001452 0.001319 0.017021 0.005564
0.002467 0.000301 0.000946 0.001066 0.005564 0.017941
0.001770 0.000168 -0.000085 0.001153 -0.000778 0.001083
0.002891 0.005681 0.004150 0.001484 0.002133 0.000029
0.001386 0.001212 0.000329 0.000166 0.002013 0.000836
0.000580 -0.000763 0.000919 0.001509 0.001065 0.001993
-0.000013 -0.000032 0.002319 -0.000083 0.002681 -0.000617
0.000283 0.001135 0.001118 0.000347 0.005916 0.001261
1. Portfolio Return 2%
KPCL 1.40% 20.85%
LINDEBD 1.74% -4.89%
PADMAOIL 0.29% -29.91%
PTL 4.11% 3.02%
ZAHINTEX 1.19% 4.09%
BXPHARMA 2.15% 3.73%
SQURPHARMA 3.12% -25.66%
GLAXOSMITH 1.15% -3.11%
IBNSINA 4.27% 13.55%
GP 1.98% 30.28%
FUWANGFOOD 2.33% -4.91%
OLYMPIC 3.89% 1.90%
BATBC 1.71% 47.67%
AMCL (PRAN) 1.07% 3.89%
BRACBANK 4.02% 2.05%
PARAMOUNT 1.11% -1.02%
DHAKAINS -0.12% 18.63%
Total Weight 1

Portfolio Retrun 2.00%
Portfolio standard dev 2.91%
BATBC AMCL (PRAN) DHAKABANK BRACBANK PARAMOUNT
0.000328 0.000068 0.001223 -0.000698 0.001500
0.001909 0.002616 0.001249 0.002193 -0.001119
0.000758 0.003110 0.001861 0.000178 0.002202
0.001656 0.002165 -0.002591 -0.001984 0.001364
-0.000640 0.001442 0.001822 -0.000570 0.004393
-0.001384 0.001751 0.003614 0.000978 0.002744
0.000010 0.001919 0.002300 0.002492 0.003540
0.002093 0.004133 0.001193 0.001175 0.000630
0.001770 0.002891 0.001386 0.000580 -0.000013
0.000168 0.005681 0.001212 -0.000763 -0.000032
-0.000085 0.004150 0.000329 0.000919 0.002319
0.001153 0.001484 0.000166 0.001509 -0.000083
-0.000778 0.002133 0.002013 0.001065 0.002681
0.001083 0.000029 0.000836 0.001993 -0.000617
0.003152 0.001027 -0.000327 0.001072 -0.000792
0.001027 0.008626 0.000787 -0.000436 0.001095
-0.000327 0.000787 0.007452 0.002275 0.002156
0.001072 -0.000436 0.002275 0.008441 0.000807
-0.000792 0.001095 0.002156 0.000807 0.012666
-0.001295 0.001890 0.004191 0.000839 0.005926
2. Portfolio Return 2.5% 3. Portfolio Return 3%

Company Name Mean Return Weight Company Name
KPCL 1.40% 22.47% KPCL
LINDEBD 1.74% -8.44% LINDEBD
PADMAOIL 0.29% -34.98% PADMAOIL
EASTRNLUB 4.87% 2.66% EASTRNLUB
PTL 4.11% 4.15% PTL
ZAHINTEX 1.19% 1.79% ZAHINTEX
BXPHARMA 2.15% 6.73% BXPHARMA
SQURPHARMA 3.12% -22.25% SQURPHARMA
GLAXOSMITH 1.15% -3.10% GLAXOSMITH
IBNSINA 4.27% 18.17% IBNSINA
SONALIANSH 2.08% 11.76% SONALIANSH
GP 1.98% 30.55% GP
FUWANGFOOD 2.33% -4.16% FUWANGFOOD
OLYMPIC 3.89% 3.07% OLYMPIC
BATBC 1.71% 44.12% BATBC
AMCL (PRAN) 1.07% 1.79% AMCL (PRAN)
DHAKABANK 1.34% 7.33% DHAKABANK
BRACBANK 4.02% 4.95% BRACBANK
PARAMOUNT 1.11% -0.51% PARAMOUNT
DHAKAINS -0.12% 13.89% DHAKAINS
Total Weight 1 Total Weight
Monthly risk free rate 0.58% Monthly risk free rate

Portfolio Retrun 2.50% Portfolio Retrun
Portfolio Variance 0.09% Portfolio Variance
Portfolio standard devia 2.99% Portfolio standard devia
Sharpe Ratio or Slope 64.10% Sharpe Ratio or Slope
DHAKAINS
0.001782
-0.000294
0.003582
-0.002364
0.004503
0.004429
0.005625
0.001323
0.000283
0.001135
0.001118
0.000347
0.005916
0.001261
-0.001295
0.001890
0.004191
0.000839
0.005926
0.008523
3. Portfolio Return 3% 4. Portfolio Return 3.5%

Mean Return Weight Company Name Mean Return Weight
1.40% 24.08% KPCL 1.40% 25.70%
1.74% -12.00% LINDEBD 1.74% -15.56%
0.29% -40.04% PADMAOIL 0.29% -45.11%
4.87% 3.43% EASTRNLUB 4.87% 4.20%
4.11% 5.27% PTL 4.11% 6.39%
1.19% -0.51% ZAHINTEX 1.19% -2.80%
2.15% 9.72% BXPHARMA 2.15% 12.71%
3.12% -18.83% SQURPHARMA 3.12% -15.41%
1.15% -3.09% GLAXOSMITH 1.15% -3.08%
4.27% 22.79% IBNSINA 4.27% 27.42%
2.08% 11.81% SONALIANSH 2.08% 11.87%
1.98% 30.83% GP 1.98% 31.10%
2.33% -3.40% FUWANGFOOD 2.33% -2.65%
3.89% 4.24% OLYMPIC 3.89% 5.41%
1.71% 40.57% BATBC 1.71% 37.02%
1.07% -0.31% AMCL (PRAN) 1.07% -2.42%
1.34% 8.43% DHAKABANK 1.34% 9.53%
4.02% 7.85% BRACBANK 4.02% 10.75%
1.11% 0.01% PARAMOUNT 1.11% 0.52%
-0.12% 9.14% DHAKAINS -0.12% 4.40%
1 Total Weight 1
0.58% Monthly risk free rat 0.58%

3.00% Portfolio Retrun 3.50%
0.10% Portfolio Variance 0.13%
3.21% Portfolio standard de 3.54%
75.30% Sharpe Ratio or Slop 82.40%
Company Name Mean Return Weight Company Name Mean Return
KPCL 1.40% 27.32% KPCL 1.40%
LINDEBD 1.74% -19.12% LINDEBD 1.74%
PADMAOIL 0.29% -50.17% PADMAOIL 0.29%
EASTRNLUB 4.87% 4.97% EASTRNLUB 4.87%
PTL 4.11% 7.52% PTL 4.11%
ZAHINTEX 1.19% -5.10% ZAHINTEX 1.19%
BXPHARMA 2.15% 15.70% BXPHARMA 2.15%
SQURPHARMA 3.12% -11.99% SQURPHARMA 3.12%
GLAXOSMITH 1.15% -3.06% GLAXOSMITH 1.15%
IBNSINA 4.27% 32.04% IBNSINA 4.27%
SONALIANSH 2.08% 11.92% SONALIANSH 2.08%
GP 1.98% 31.37% GP 1.98%
FUWANGFOOD 2.33% -1.89% FUWANGFOOD 2.33%
OLYMPIC 3.89% 6.59% OLYMPIC 3.89%
BATBC 1.71% 33.46% BATBC 1.71%
AMCL (PRAN) 1.07% -4.52% AMCL (PRAN) 1.07%
DHAKABANK 1.34% 10.62% DHAKABANK 1.34%
BRACBANK 4.02% 13.65% BRACBANK 4.02%
PARAMOUNT 1.11% 1.03% PARAMOUNT 1.11%
DHAKAINS -0.12% -0.34% DHAKAINS -0.12%
Monthly risk free rate 0.58% Monthly risk free rate 0.58%
Portfolio Retrun 4.00% Portfolio Retrun 4.50%
Portfolio Variance 0.16% Portfolio Variance 0.20%
Portfolio standard deviat 3.95% Portfolio standard devia 4.43%
Sharpe Ratio or Slope 86.43% Sharpe Ratio or Slope 88.47%
turn 4.5% 7. Portfolio Return 5%
Weight Company Name Mean Return Weight
28.94% KPCL 1.40% 30.55%
-22.68% LINDEBD 1.74% -26.24%
-55.23% PADMAOIL 0.29% -60.30%
5.74% EASTRNLUB 4.87% 6.51%
8.64% PTL 4.11% 9.76%
-7.39% ZAHINTEX 1.19% -9.69%
18.70% BXPHARMA 2.15% 21.69%
-8.57% SQURPHARMA 3.12% -5.16%
-3.05% GLAXOSMITH 1.15% -3.03%
36.66% IBNSINA 4.27% 41.29%
11.97% SONALIANSH 2.08% 12.02%
31.65% GP 1.98% 31.92%
-1.14% FUWANGFOOD 2.33% -0.39%
7.76% OLYMPIC 3.89% 8.93%
29.91% BATBC 1.71% 26.36%
-6.62% AMCL (PRAN) 1.07% -8.72%
11.72% DHAKABANK 1.34% 12.82%
16.56% BRACBANK 4.02% 19.46%
1.54% PARAMOUNT 1.11% 2.05%
-5.09% DHAKAINS -0.12% -9.83%
1 Total Weight 1

Portfolio standard deviatio 4.94%
Company Name Mean Return Weight Company Name
KPCL 1.40% 32.17% KPCL
LINDEBD 1.74% -29.81% LINDEBD
PADMAOIL 0.29% -65.36% PADMAOIL
EASTRNLUB 4.87% 7.28% EASTRNLUB
PTL 4.11% 10.89% PTL
ZAHINTEX 1.19% -11.99% ZAHINTEX
BXPHARMA 2.15% 24.68% BXPHARMA
SQURPHARMA 3.12% -1.74% SQURPHARMA
GLAXOSMITH 1.15% -3.02% GLAXOSMITH
IBNSINA 4.27% 45.91% IBNSINA
SONALIANSH 2.08% 12.07% SONALIANSH
GP 1.98% 32.19% GP
FUWANGFOOD 2.33% 0.37% FUWANGFOOD
OLYMPIC 3.89% 10.10% OLYMPIC
BATBC 1.71% 22.81% BATBC
AMCL (PRAN) 1.07% -10.82% AMCL (PRAN)
DHAKABANK 1.34% 13.93% DHAKABANK
BRACBANK 4.02% 22.36% BRACBANK
PARAMOUNT 1.11% 2.56% PARAMOUNT
DHAKAINS -0.12% -14.58% DHAKAINS
Monthly risk free rate 0.58% Monthly risk free rate

Portfolio Retrun 5.50% Portfolio Retrun
Portfolio Variance 0.30% Portfolio Variance
Portfolio standard deviation 5.49% Portfolio standard deviation
Sharpe Ratio or Slope 89.55% Sharpe Ratio or Slope
Mean Return Weight Company Name Mean Return Weight
1.40% 33.79% KPCL 1.40% 35.41%
1.74% -33.37% LINDEBD 1.74% -36.92%
0.29% -70.43% PADMAOIL 0.29% -75.49%
4.87% 8.05% EASTRNLUB 4.87% 8.81%
4.11% 12.01% PTL 4.11% 13.13%
1.19% -14.28% ZAHINTEX 1.19% -16.58%
2.15% 27.68% BXPHARMA 2.15% 30.67%
3.12% 1.68% SQURPHARMA 3.12% 5.10%
1.15% -3.00% GLAXOSMITH 1.15% -2.99%
4.27% 50.53% IBNSINA 4.27% 55.15%
2.08% 12.12% SONALIANSH 2.08% 12.17%
1.98% 32.47% GP 1.98% 32.73%
2.33% 1.12% FUWANGFOOD 2.33% 1.87%
3.89% 11.28% OLYMPIC 3.89% 12.45%
1.71% 19.25% BATBC 1.71% 15.70%
1.07% -12.91% AMCL (PRAN) 1.07% -15.02%
1.34% 15.03% DHAKABANK 1.34% 16.13%
4.02% 25.26% BRACBANK 4.02% 28.16%
1.11% 3.07% PARAMOUNT 1.11% 3.58%
-0.12% -19.32% DHAKAINS -0.12% -24.06%
1 Total Weight 1
0.58% Monthly risk free rate 0.58%

6.00% Portfolio Retrun 6.50%
0.37% Portfolio Variance 0.44%
6.06% Portfolio standard deviati 6.65%
89.38% Sharpe Ratio or Slope 89.02%
Efficient Frontier Determination whe
Portfolio Return PR =2%
Company Name Mean Return Weight Weight
KPCL 1.40% 32.09% 20.85%
LINDEBD 1.74% -29.62% -4.89%
PADMAOIL 0.29% -65.12% -29.91%
EASTRNLUB 4.87% 7.24% 1.90%
PTL 4.11% 10.83% 3.02%
ZAHINTEX 1.19% -11.87% 4.09%
BXPHARMA 2.15% 24.54% 3.73%
SQURPHARMA 3.12% -1.93% -25.66%
GLAXOSMITH 1.15% -3.02% -3.11%
IBNSINA 4.27% 45.68% 13.55%
SONALIANSH 2.08% 12.07% 11.71%
GP 1.98% 32.18% 30.28%
FUWANGFOOD 2.33% 0.32% -4.91%
OLYMPIC 3.89% 10.04% 1.90%
BATBC 1.71% 23.00% 47.67%
AMCL (PRAN) 1.07% -10.71% 3.89%
DHAKABANK 1.34% 13.87% 6.23%
BRACBANK 4.02% 22.20% 2.05%
PARAMOUNT 1.11% 2.53% -1.02%
DHAKAINS -0.12% -14.32% 18.63%
Monthly risk free rate 0.58% 0.58%

Portfolio Retrun 5.47% 2.00%
Portfolio Variance 0.30% 0.08%
Portfolio standard deviation 5.46% 2.91%
Sharpe Ratio or Slope 89.55% 48.73%
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
22.47% 24.08% 25.70% 27.32% 28.94%
-8.44% -12.00% -15.56% -19.12% -22.68%
-34.98% -40.04% -45.11% -50.17% -55.23%
2.66% 3.43% 4.20% 4.97% 5.74%
4.15% 5.27% 6.39% 7.52% 8.64%
1.79% -0.51% -2.80% -5.10% -7.39%
6.73% 9.72% 12.71% 15.70% 18.70%
-22.25% -18.83% -15.41% -11.99% -8.57%
-3.10% -3.09% -3.08% -3.06% -3.05%
18.17% 22.79% 27.42% 32.04% 36.66%
11.76% 11.81% 11.87% 11.92% 11.97%
30.55% 30.83% 31.10% 31.37% 31.65%
-4.16% -3.40% -2.65% -1.89% -1.14%
3.07% 4.24% 5.41% 6.59% 7.76%
44.12% 40.57% 37.02% 33.46% 29.91%
1.79% -0.31% -2.42% -4.52% -6.62%
7.33% 8.43% 9.53% 10.62% 11.72%
4.95% 7.85% 10.75% 13.65% 16.56%
-0.51% 0.01% 0.52% 1.03% 1.54%
13.89% 9.14% 4.40% -0.34% -5.09%
0.58% 0.58% 0.58% 0.58% 0.58%

2.50% 3.00% 3.50% 4.00% 4.50%
0.09% 0.10% 0.13% 0.16% 0.20%
2.99% 3.21% 3.54% 3.95% 4.43%
64.10% 75.30% 82.40% 86.43% 88.47%
ending and Borrowing Allowed
PR= 5% PR= 5.5% PR= 6% PR= 6.5%
Weight Weight Weight Weight
30.55% 32.17% 33.79% 35.41%
-26.24% -29.81% -33.37% -36.92%
-60.30% -65.36% -70.43% -75.49%
6.51% 7.28% 8.05% 8.81%
9.76% 10.89% 12.01% 13.13%
-9.69% -11.99% -14.28% -16.58%
21.69% 24.68% 27.68% 30.67%
-5.16% -1.74% 1.68% 5.10%
-3.03% -3.02% -3.00% -2.99%
41.29% 45.91% 50.53% 55.15%
12.02% 12.07% 12.12% 12.17%
31.92% 32.19% 32.47% 32.73%
-0.39% 0.37% 1.12% 1.87%
8.93% 10.10% 11.28% 12.45%
26.36% 22.81% 19.25% 15.70%
-8.72% -10.82% -12.91% -15.02%
12.82% 13.93% 15.03% 16.13%
19.46% 22.36% 25.26% 28.16%
2.05% 2.56% 3.07% 3.58%
-9.83% -14.58% -19.32% -24.06%
0.58% 0.58% 0.58% 0.58%

5.00% 5.50% 6.00% 6.50%
0.24% 0.30% 0.37% 0.44%
4.94% 5.49% 6.06% 6.65%
89.35% 89.55% 89.38% 89.02%
Short Sale and Risk free Lending an
X Axis Y Axis
7.00%
Risk Return
6.00%
2.91% 2.00%
2.99% 2.50% 5.00%
3.21% 3.00%
Expected Return
3.54% 3.50% 4.00%
3.95% 4.00%
3.00%
4.43% 4.50%
4.94% 5.00% 2.00%
5.49% 5.50%
6.06% 6.00% 1.00%
6.65% 6.50%
0.00%
-1.00% 0.00% 1.00% 2.00% 3.00% 4.00%
Tangency Portfolio 0.00% 0.58%
5.46% 5.47% Risk
isk free Lending and Borrowing Allowed
00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00%

Risk
KPCL LINDEBD
KPCL 0.005312 0.000666
LINDEBD 0.000666 0.007734
PADMAOIL 0.002530 0.002148
EASTRNLUB -0.000852 0.001838
PTL 0.001324 -0.001406
ZAHINTEX 0.000329 -0.000723
BXPHARMA 0.001808 0.000963
SQURPHARMA 0.001062 0.003227
GLAXOSMITH 0.000815 0.004971
IBNSINA 0.000422 0.004010
SONALIANSH -0.000202 0.001509
GP 0.000479 0.002636
FUWANGFOOD 0.000018 -0.000505
OLYMPIC 0.000081 0.003972
BATBC 0.000328 0.001909
AMCL (PRAN) 0.000068 0.002616
DHAKABANK 0.001223 0.001249
BRACBANK -0.000698 0.002193
PARAMOUNT 0.001500 -0.001119
DHAKAINS 0.001782 -0.000294
Equal Weight Case

KPCL 1.40% 0.05
LINDEBD 1.74% 0.05
PADMAOIL 0.29% 0.05
PTL 4.11% 0.05
ZAHINTEX 1.19% 0.05
BXPHARMA 2.15% 0.05
IBNSINA 4.27% 0.05
GP 1.98% 0.05
OLYMPIC 3.89% 0.05
BATBC 1.71% 0.05
AMCL (PRAN) 1.07% 0.05
BRACBANK 4.02% 0.05
Total Weight 1
Monthly risk free rate 0.0058

Portfolio Return 0.0218
Portfolio Variance 0.0021
Portfolio standard deviation 0.0456
Sharpe Ratio or Slope 0.3510

E (Rp) 0.0547
Rf 0.0058
A 5
s^2P 0.0546
Weight in Risky Asset (y*) 0.1790979724
Weight in Riskfree Asset 0.8209020276
Short Sale Allowed and Risk
PADMAOIL EASTRNLUB PTL ZAHINTEX BXPHARMA
0.002530 -0.000852 0.001324 0.000329 0.001808
0.002148 0.001838 -0.001406 -0.000723 0.000963
0.007837 0.000938 0.003789 0.000789 0.004236
0.000938 0.053184 -0.003640 -0.003233 -0.002738
0.003789 -0.003640 0.028692 0.009589 0.004683
0.000789 -0.003233 0.009589 0.012472 0.004372
0.004236 -0.002738 0.004683 0.004372 0.009967
0.001878 -0.000436 0.002217 0.000931 0.002992
0.002407 0.001378 -0.001404 -0.001081 0.000695
0.005654 0.002907 0.000671 0.000258 0.000683
0.002337 0.002442 0.003957 0.001938 0.001734
0.002462 -0.000494 -0.000496 -0.000763 0.001854
0.001163 0.000394 0.008785 0.005649 0.004963
0.000884 -0.002773 0.009728 0.003803 0.001739
0.000758 0.001656 -0.000640 -0.001384 0.000010
0.003110 0.002165 0.001442 0.001751 0.001919
0.001861 -0.002591 0.001822 0.003614 0.002300
0.000178 -0.001984 -0.000570 0.000978 0.002492
0.002202 0.001364 0.004393 0.002744 0.003540
0.003582 -0.002364 0.004503 0.004429 0.005625
Base Case Solver

Company Name Mean Return
KPCL 1.40%
LINDEBD 1.74%
PADMAOIL 0.29%
EASTRNLUB 4.87%
PTL 4.11%
ZAHINTEX 1.19%
BXPHARMA 2.15%
SQURPHARMA 3.12%
GLAXOSMITH 1.15%
IBNSINA 4.27%
SONALIANSH 2.08%
GP 1.98%
FUWANGFOOD 2.33%
OLYMPIC 3.89%
BATBC 1.71%
AMCL (PRAN) 1.07%
DHAKABANK 1.34%
BRACBANK 4.02%
PARAMOUNT 1.11%
DHAKAINS -0.12%
Total Weight

lowed and Riskless lending and Borrwing Not Allowed
SQURPHARMA GLAXOSMITH IBNSINA SONALIANSH GP
0.001062 0.000815 0.000422 -0.000202 0.000479
0.003227 0.004971 0.004010 0.001509 0.002636
0.001878 0.002407 0.005654 0.002337 0.002462
-0.000436 0.001378 0.002907 0.002442 -0.000494
0.002217 -0.001404 0.000671 0.003957 -0.000496
0.000931 -0.001081 0.000258 0.001938 -0.000763
0.002992 0.000695 0.000683 0.001734 0.001854
0.006294 0.003305 0.002711 0.001200 0.002827
0.003305 0.007161 0.002830 0.001663 0.003225
0.002711 0.002830 0.014519 0.003105 0.001243
0.001200 0.001663 0.003105 0.011501 -0.001152
0.002827 0.003225 0.001243 -0.001152 0.005678
0.000760 -0.000623 -0.000894 0.001452 0.001319
0.001878 0.002467 0.000301 0.000946 0.001066
0.002093 0.001770 0.000168 -0.000085 0.001153
0.004133 0.002891 0.005681 0.004150 0.001484
0.001193 0.001386 0.001212 0.000329 0.000166
0.001175 0.000580 -0.000763 0.000919 0.001509
0.000630 -0.000013 -0.000032 0.002319 -0.000083
0.001323 0.000283 0.001135 0.001118 0.000347
e Solver rf= 5% and PR= 3%

Weight Company Name Mean Return
0.320869432812361 KPCL 0.01399051082
-0.29615140671772 LINDEBD 0.01742033347
-0.651166528265456 PADMAOIL 0.00285892039
0.072365272365644 EASTRNLUB 0.04867892912
0.108313685056234 PTL 0.04106539436
-0.118743103887711 ZAHINTEX 0.01192146587
0.245379057218277 BXPHARMA 0.02149326775
-0.019307529571226 SQURPHARMA 0.03122890665
-0.030208088985513 GLAXOSMITH 0.01146037431
0.456754479367584 IBNSINA 0.04268558433
0.120663255787238 SONALIANSH 0.02080964875
0.321824722739556 GP 0.01983855529
0.003231801623533 FUWANGFOOD 0.02327069055
0.100427997308416 OLYMPIC 0.03886241248
0.230007669211684 BATBC 0.01708446806
-0.107099781144673 AMCL (PRAN) 0.01067697999
0.138703833563469 DHAKABANK 0.0134029428
0.222026334635584 BRACBANK 0.04019751521
0.025313616908935 PARAMOUNT 0.01108949521
-0.143204720026215 DHAKAINS -0.0012032719
1 Total Weight

Portfolio Retrun 0.0300
Portfolio standard deviat 0.0321
d
FUWANGFOOD OLYMPIC BATBC AMCL (PRAN)DHAKABANK BRACBANK
0.000018 0.000081 0.000328 0.000068 0.001223 -0.000698
-0.000505 0.003972 0.001909 0.002616 0.001249 0.002193
0.001163 0.000884 0.000758 0.003110 0.001861 0.000178
0.000394 -0.002773 0.001656 0.002165 -0.002591 -0.001984
0.008785 0.009728 -0.000640 0.001442 0.001822 -0.000570
0.005649 0.003803 -0.001384 0.001751 0.003614 0.000978
0.004963 0.001739 0.000010 0.001919 0.002300 0.002492
0.000760 0.001878 0.002093 0.004133 0.001193 0.001175
-0.000623 0.002467 0.001770 0.002891 0.001386 0.000580
-0.000894 0.000301 0.000168 0.005681 0.001212 -0.000763
0.001452 0.000946 -0.000085 0.004150 0.000329 0.000919
0.001319 0.001066 0.001153 0.001484 0.000166 0.001509
0.017021 0.005564 -0.000778 0.002133 0.002013 0.001065
0.005564 0.017941 0.001083 0.000029 0.000836 0.001993
-0.000778 0.001083 0.003152 0.001027 -0.000327 0.001072
0.002133 0.000029 0.001027 0.008626 0.000787 -0.000436
0.002013 0.000836 -0.000327 0.000787 0.007452 0.002275
0.001065 0.001993 0.001072 -0.000436 0.002275 0.008441
0.002681 -0.000617 -0.000792 0.001095 0.002156 0.000807
0.005916 0.001261 -0.001295 0.001890 0.004191 0.000839
nd PR= 3% rf= 6% and PR= 4%

0.240820720865 KPCL 0.013990511 0.273189499
-0.120027629729 LINDEBD 0.017420333 -0.19118946
-0.400399257445 PADMAOIL 0.00285892 -0.5016825
0.034330704748 EASTRNLUB 0.048678929 0.049704948
0.052684389205 PTL 0.041065394 0.075153248
-0.005032842841 ZAHINTEX 0.011921466 -0.05094633
0.097222199405 BXPHARMA 0.021493268 0.157053972
-0.18826800339 SQURPHARMA 0.031228907 -0.11990076
-0.03088271599 GLAXOSMITH 0.011460374 -0.03060625
0.227945880344 IBNSINA 0.042685584 0.32040895
0.118151854759 SONALIANSH 0.020809649 0.11917434
0.308232235607 GP 0.019838555 0.313700375
-0.033989431686 FUWANGFOOD 0.023270691 -0.01892622
0.042447812886 OLYMPIC 0.038862412 0.06587301
0.405673874775 BATBC 0.017084468 0.334632573
-0.003145034792 AMCL (PRAN) 0.01067698 -0.04521629
0.084275620157 DHAKABANK 0.013402943 0.106230233
0.078506627796 BRACBANK 0.040197515 0.136527925
6.368528584E-05 PARAMOUNT 0.011089495 0.010268755
0.09138931004 DHAKAINS -0.00120327 -0.00345001
1 Total Weight 1

Portfolio standard deviati 0.0395
PARAMOUNT DHAKAINS
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
0.012666 0.005926
0.005926 0.008523
rf= 8% and PR= 6% rf= 9% and PR= 10%

Company Name Mean Return Weight Company Name Mean ReturWeight
KPCL 0.013990511 0.3378884 KPCL 0.0139905 0.4673935
LINDEBD 0.017420333 -0.333651 LINDEBD 0.0174203 -0.618082
PADMAOIL 0.00285892 -0.704452 PADMAOIL 0.0028589 -1.109807
EASTRNLUB 0.048678929 0.0804516 EASTRNLUB 0.0486789 0.1418911
PTL 0.041065394 0.1201105 PTL 0.0410654 0.2100201
ZAHINTEX 0.011921466 -0.14288 ZAHINTEX 0.0119215 -0.326406
BXPHARMA 0.021493268 0.2768906 BXPHARMA 0.0214933 0.5164037
SQURPHARMA 0.031228907 0.0166478 SQURPHARMA 0.0312289 0.2898277
GLAXOSMITH 0.011460374 -0.030098 GLAXOSMITH 0.0114604 -0.029062
IBNSINA 0.042685584 0.5053527 IBNSINA 0.0426856 0.8752884
SONALIANSH 0.020809649 0.1212379 SONALIANSH 0.0208096 0.1253699
GP 0.019838555 0.324722 GP 0.0198386 0.3467538
FUWANGFOOD 0.023270691 0.0111188 FUWANGFOOD 0.0232707 0.0714214
OLYMPIC 0.038862412 0.1127698 OLYMPIC 0.0388624 0.2062817
BATBC 0.017084468 0.192696 BATBC 0.0170845 -0.091459
AMCL (PRAN) 0.01067698 -0.12916 AMCL (PRAN) 0.010677 -0.297354
DHAKABANK 0.013402943 0.150231 DHAKABANK 0.0134029 0.2380711
BRACBANK 0.040197515 0.2525391 BRACBANK 0.0401975 0.4845706
PARAMOUNT 0.011089495 0.0306292 PARAMOUNT 0.0110895 0.0715509
DHAKAINS -0.00120327 -0.193045 DHAKAINS -0.001203 -0.572674
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 0.0037 Portfolio Variance 0.0121
Portfolio standard deviation 0.0606 Portfolio standard devi 0.1099
Sharpe Ratio or Slope 0.8801 Sharpe Ratio or Slope 0.8420
rf= 5% and PR= 1% Rf= 5%
Company Name Mean ReturWeight Company NMean ReturWeight
KPCL 0.0139905 0.1760916 KPCL 0.0139905 0.3086901
LINDEBD 0.0174203 0.0225077 LINDEBD 0.0174203 -0.269332
PADMAOIL 0.0028589 -0.196264 PADMAOI 0.0028589 -0.612928
EASTRNLUB 0.0486789 0.0035517 EASTRNL 0.0486789 0.0665734
PTL 0.0410654 0.007433 PTL 0.0410654 0.0998208
ZAHINTEX 0.0119215 0.0873743 ZAHINTEX0.0119215 -0.101378
BXPHARMA 0.0214933 -0.023454 BXPHARM0.0214933 0.2228244
SQURPHARMA 0.0312289 -0.323396 SQURPHA 0.0312289 -0.044977
GLAXOSMITH 0.0114604 -0.031391 GLAXOSM0.0114604 -0.030311
IBNSINA 0.0426856 0.0427546 IBNSINA 0.0426856 0.4219028
SONALIANSH 0.0208096 0.1160017 SONALIA 0.0208096 0.1202857
GP 0.0198386 0.2968197 GP 0.0198386 0.3197724
FUWANGFOOD 0.0232707 -0.063541 FUWANGF0.0232707 -0.002416
OLYMPIC 0.0388624 -0.004506 OLYMPIC 0.0388624 0.0915951
BATBC 0.0170845 0.5469026 BATBC 0.0170845 0.2566965
AMCL (PRAN) 0.010677 0.0801553 AMCL (PR 0.010677 -0.091301
DHAKABANK 0.0134029 0.0400883 DHAKABA0.0134029 0.1303843
BRACBANK 0.0401975 -0.037352 BRACBAN0.0401975 0.2001751
PARAMOUNT 0.0110895 -0.020091 PARAMOU0.0110895 0.0214993
DHAKAINS -0.001203 0.2803138 DHAKAIN -0.001203 -0.107576
Monthly risk free rate 0.0042 Monthly risk 0.0042

Portfolio Retrun 0.0100 Portfolio Re 0.0510
Portfolio Variance 0.0010 Portfolio V 0.0025
Portfolio standard deviatio 0.0318 Portfolio st 0.0505
Sharpe Ratio or Slope 0.1837 Sharpe Rati 0.9273
Rf= 6% Rf= 8% Rf= 9%
Company NMean ReturWeight Company NMean ReturWeight Company N
KPCL 0.0139905 0.3144383 KPCL 0.0139905 0.3281258 KPCL
LINDEBD 0.0174203 -0.281997 LINDEBD 0.0174203 -0.312156 LINDEBD
PADMAOI 0.0028589 -0.631005 PADMAOI 0.0028589 -0.673838 PADMAOI
EASTRNL 0.0486789 0.0693089 EASTRNL 0.0486789 0.0758136 EASTRNL
PTL 0.0410654 0.1038418 PTL 0.0410654 0.1133261 PTL
ZAHINTEX0.0119215 -0.109602 ZAHINTEX0.0119215 -0.129002 ZAHINTEX
BXPHARM0.0214933 0.2334668 BXPHARM0.0214933 0.2587919 BXPHARM
SQURPHA 0.0312289 -0.032869 SQURPHA 0.0312289 -0.003902 SQURPHA
GLAXOSM0.0114604 -0.030266 GLAXOSM0.0114604 -0.030167 GLAXOSM
IBNSINA 0.0426856 0.4383658 IBNSINA 0.0426856 0.4774555 IBNSINA
SONALIA 0.0208096 0.1204615 SONALIA 0.0208096 0.1209177 SONALIA
GP 0.0198386 0.3207302 GP 0.0198386 0.3230427 GP
FUWANGF0.0232707 0.0002446 FUWANGF0.0232707 0.0066065 FUWANGF
OLYMPIC 0.0388624 0.0957663 OLYMPIC 0.0388624 0.105687 OLYMPIC
BATBC 0.0170845 0.2441182 BATBC 0.0170845 0.2140779 BATBC
AMCL (PR 0.010677 -0.098753 AMCL (PR 0.010677 -0.116522 AMCL (PR
DHAKABA0.0134029 0.1343257 DHAKABA0.0134029 0.1436028 DHAKABA
BRACBAN0.0401975 0.2104972 BRACBAN0.0401975 0.2350458 BRACBAN
PARAMOU0.0110895 0.0232863 PARAMOU0.0110895 0.0275762 PARAMOU
DHAKAIN -0.001203 -0.124359 DHAKAIN -0.001203 -0.164483 DHAKAIN
Total Weight 1 Total Weight 1 Total Weight
Monthly risk 0.0050 Monthly risk 0.0067 Monthly risk

Portfolio Re 0.0528 Portfolio Re 0.0570 Portfolio Re
Portfolio V 0.0027 Portfolio V 0.0033 Portfolio V
Portfolio st 0.0524 Portfolio st 0.0571 Portfolio st
Sharpe Rati 0.9111 Sharpe Rati 0.8806 Sharpe Rati
Rf= 9%
Mean ReturWeight
0.0139905 0.3363672
0.0174203 -0.330223
0.0028589 -0.699484
0.0486789 0.0797343
0.0410654 0.119035
0.0119215 -0.140664
0.0214933 0.2740012
0.0312289 0.0136827
0.0114604 -0.03008
0.0426856 0.5009979
0.0208096 0.1210928
0.0198386 0.3242738
0.0232707 0.0105203
0.0388624 0.1116401
0.0170845 0.195841
0.010677 -0.127266
0.0134029 0.1492362
0.0401975 0.2498734
0.0110895 0.0302418
-0.001203 -0.188822
Total Weight 1
0.0075
0.0595
0.0036
0.0601
0.8663
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
KPCL 1.40% 30.87% 31.44% 32.81%
LINDEBD 1.74% -26.93% -28.20% -31.21%
PADMAOIL 0.29% -61.28% -63.08% -67.38%
EASTRNLUB 4.87% 6.66% 6.93% 7.58%
PTL 4.11% 9.98% 10.38% 11.33%
ZAHINTEX 1.19% -10.14% -10.95% -12.90%
BXPHARMA 2.15% 22.27% 23.34% 25.87%
SQURPHARMA 3.12% -4.47% -3.26% -0.38%
GLAXOSMITH 1.15% -3.03% -3.03% -3.02%
IBNSINA 4.27% 42.19% 43.83% 47.74%
SONALIANSH 2.08% 12.03% 12.05% 12.09%
GP 1.98% 31.97% 32.06% 32.30%
FUWANGFOOD 2.33% -0.23% 0.03% 0.66%
OLYMPIC 3.89% 9.16% 9.58% 10.57%
BATBC 1.71% 25.66% 24.40% 21.40%
AMCL (PRAN) 1.07% -9.14% -9.88% -11.66%
DHAKABANK 1.34% 13.04% 13.43% 14.36%
BRACBANK 4.02% 20.02% 21.05% 23.50%
PARAMOUNT 1.11% 2.15% 2.33% 2.76%
DHAKAINS -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% 5.46%
11.17%
19.60% 0.00%
-12.73% Rf 5% 3.21%
14.93%
24.98% 0.00%
3.02% Rf 6% 3.95%
-18.86%
0.00%
0.75% Rf 8% 6.06%
5.95%
0.36% 0.00%
6.01% Rf 9% 6.06%
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
3.18% 1.00%
3.21% 3.00%
3.95% 4.00%
6.06% 6.06%
10.99% 10.00%
7.00% 8.00%
0.58%
5.47%
0.42%
3.00%
0.50%
4.00%
0.67%
6.00%
0.75%
6.00%
KPCL 0.005312 0.000666 0.002530
LINDEBD 0.000666 0.007734 0.002148
PADMAOIL 0.002530 0.002148 0.007837
EASTRNLUB -0.000852 0.001838 0.000938
PTL 0.001324 -0.001406 0.003789
ZAHINTEX 0.000329 -0.000723 0.000789
BXPHARMA 0.001808 0.000963 0.004236
SQURPHARMA 0.001062 0.003227 0.001878
GLAXOSMITH 0.000815 0.004971 0.002407
IBNSINA 0.000422 0.004010 0.005654
SONALIANSH -0.000202 0.001509 0.002337
GP 0.000479 0.002636 0.002462
FUWANGFOOD 0.000018 -0.000505 0.001163
OLYMPIC 0.000081 0.003972 0.000884
BATBC 0.000328 0.001909 0.000758
AMCL (PRAN) 0.000068 0.002616 0.003110
DHAKABANK 0.001223 0.001249 0.001861
BRACBANK -0.000698 0.002193 0.000178
PARAMOUNT 0.001500 -0.001119 0.002202
DHAKAINS 0.001782 -0.000294 0.003582
Equal Weight Case

KPCL 1.40% 0.05
LINDEBD 1.74% 0.05
PADMAOIL 0.29% 0.05
PTL 4.11% 0.05
ZAHINTEX 1.19% 0.05
BXPHARMA 2.15% 0.05
IBNSINA 4.27% 0.05
GP 1.98% 0.05
OLYMPIC 3.89% 0.05
BATBC 1.71% 0.05
AMCL (PRAN) 1.07% 0.05
BRACBANK 4.02% 0.05
Total Weight 1


E (Rp) 3.64%
Rf 0.58%
A 5
s^2P 4.95%
Weight in Risky Asset (y*) 12.34%
Weight in Riskfree Asset 87.66%
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
0.053184 -0.003640 -0.003233 -0.002738 -0.000436
-0.003640 0.028692 0.009589 0.004683 0.002217
-0.003233 0.009589 0.012472 0.004372 0.000931
-0.002738 0.004683 0.004372 0.009967 0.002992
-0.000436 0.002217 0.000931 0.002992 0.006294
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

KPCL 1.40% 12.25%
LINDEBD 1.74% 0.00%
PADMAOIL 0.29% 0.00%
PTL 4.11% 7.41%
SQURPHARMA 3.12% 11.42%
GLAXOSMITH 1.15% 0.00%
IBNSINA 4.27% 17.61%
GP 1.98% 0.00%
OLYMPIC 3.89% 6.29%
BATBC 1.71% 2.57%
AMCL (PRAN) 1.07% 0.00%
BRACBANK 4.02% 34.11%
DHAKAINS -0.12% 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
0.007161 0.002830 0.001663 0.003225 -0.000623
0.002830 0.014519 0.003105 0.001243 -0.000894
0.001663 0.003105 0.011501 -0.001152 0.001452
0.003225 0.001243 -0.001152 0.005678 0.001319
-0.000623 -0.000894 0.001452 0.001319 0.017021
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
KPCL 1.40% 8.71%
LINDEBD 1.74% 0.00%
PTL 4.11% 0.00%
IBNSINA 4.27% 0.00%
GP 1.98% 0.00%
OLYMPIC 3.89% 0.00%
BATBC 1.71% 41.69%
AMCL (PRAN) 1.07% 1.36%
DHAKAINS -0.12% 28.97%
Total Weight 1

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
0.017941 0.001083 0.000029 0.000836 0.001993
0.001083 0.003152 0.001027 -0.000327 0.001072
0.000029 0.001027 0.008626 0.000787 -0.000436
0.000836 -0.000327 0.000787 0.007452 0.002275
0.001993 0.001072 -0.000436 0.002275 0.008441
-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%

KPCL 1.40% 13.81%
LINDEBD 1.74% 0.00%
PTL 4.11% 0.00%
IBNSINA 4.27% 0.00%
GP 1.98% 12.51%
OLYMPIC 3.89% 0.00%
BATBC 1.71% 38.97%
AMCL (PRAN) 1.07% 0.00%
DHAKAINS -0.12% 11.00%
Total Weight 1
Monthly risk free 0.58%

Portfolio Varianc 0.12%
Portfolio standard 3.44%
Sharpe Ratio or S 26.65%
PARAMOUNT DHAKAINS
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
0.012666 0.005926
0.005926 0.008523

Company Name Mean Return Weight Company Name Mean Return
KPCL 1.40% 16.14% KPCL 1.40%
LINDEBD 1.74% 0.00% LINDEBD 1.74%
PADMAOIL 0.29% 0.00% PADMAOIL 0.29%
EASTRNLUB 4.87% 2.15% EASTRNLUB 4.87%
PTL 4.11% 0.00% PTL 4.11%
ZAHINTEX 1.19% 7.66% ZAHINTEX 1.19%
BXPHARMA 2.15% 0.00% BXPHARMA 2.15%
SQURPHARMA 3.12% 0.00% SQURPHARMA 3.12%
GLAXOSMITH 1.15% 0.00% GLAXOSMITH 1.15%
IBNSINA 4.27% 4.82% IBNSINA 4.27%
SONALIANSH 2.08% 6.66% SONALIANSH 2.08%
GP 1.98% 11.03% GP 1.98%
FUWANGFOOD 2.33% 2.25% FUWANGFOOD 2.33%
OLYMPIC 3.89% 0.81% OLYMPIC 3.89%
BATBC 1.71% 31.94% BATBC 1.71%
AMCL (PRAN) 1.07% 0.00% AMCL (PRAN) 1.07%
DHAKABANK 1.34% 4.85% DHAKABANK 1.34%
BRACBANK 4.02% 7.05% BRACBANK 4.02%
PARAMOUNT 1.11% 3.49% PARAMOUNT 1.11%
DHAKAINS -0.12% 1.16% DHAKAINS -0.12%
Monthly risk free rate 0.58% Monthly risk free rate 0.58%
Portfolio standard deviatio 3.38% Portfolio standard devi 3.60%
Sharpe Ratio or Slope 41.94% Sharpe Ratio or Slope 53.27%
urn 2.5% 5. Portfolio Return 3%
16.88% KPCL 1.40% 16.77%
0.00% LINDEBD 1.74% 0.00%
0.00% PADMAOIL 0.29% 0.00%
3.58% EASTRNLUB 4.87% 5.15%
2.08% PTL 4.11% 5.21%
4.67% ZAHINTEX 1.19% 0.54%
0.00% BXPHARMA 2.15% 0.00%
0.00% SQURPHARMA 3.12% 2.27%
0.00% GLAXOSMITH 1.15% 0.00%
9.55% IBNSINA 4.27% 13.51%
4.45% SONALIANSH 2.08% 2.13%
8.47% GP 1.98% 5.43%
2.86% FUWANGFOOD 2.33% 2.91%
2.52% OLYMPIC 3.89% 3.75%
25.09% BATBC 1.71% 17.66%
0.00% AMCL (PRAN) 1.07% 0.00%
1.62% DHAKABANK 1.34% 0.00%
15.91% BRACBANK 4.02% 24.26%
2.32% PARAMOUNT 1.11% 0.42%
0.00% DHAKAINS -0.12% 0.00%
1 Total Weight 1

Company Name Mean Return Weight Company Name Mean Return Weight
KPCL 1.40% 13.50% KPCL 1.40% 1.58%
LINDEBD 1.74% 0.00% LINDEBD 1.74% 0.00%
PADMAOIL 0.29% 0.00% PADMAOIL 0.29% 0.00%
EASTRNLUB 4.87% 7.21% EASTRNLUB 4.87% 9.31%
PTL 4.11% 6.98% PTL 4.11% 9.46%
ZAHINTEX 1.19% 0.00% ZAHINTEX 1.19% 0.00%
BXPHARMA 2.15% 0.00% BXPHARMA 2.15% 0.00%
SQURPHARMA 3.12% 9.55% SQURPHARMA 3.12% 12.12%
GLAXOSMITH 1.15% 0.00% GLAXOSMITH 1.15% 0.00%
IBNSINA 4.27% 16.80% IBNSINA 4.27% 21.22%
SONALIANSH 2.08% 0.00% SONALIANSH 2.08% 0.00%
GP 1.98% 0.72% GP 1.98% 0.00%
FUWANGFOOD 2.33% 1.25% FUWANGFOOD 2.33% 0.00%
OLYMPIC 3.89% 5.65% OLYMPIC 3.89% 7.17%
BATBC 1.71% 6.31% BATBC 1.71% 0.00%
AMCL (PRAN) 1.07% 0.00% AMCL (PRAN) 1.07% 0.00%
DHAKABANK 1.34% 0.00% DHAKABANK 1.34% 0.00%
BRACBANK 4.02% 32.02% BRACBANK 4.02% 39.15%
PARAMOUNT 1.11% 0.00% PARAMOUNT 1.11% 0.00%
DHAKAINS -0.12% 0.00% DHAKAINS -0.12% 0.00%
Monthly risk free 0.58% Monthly risk free rat 0.58%

Portfolio standard 4.73% Portfolio standard de 5.62%
Sharpe Ratio or S 61.63% Sharpe Ratio or Slop 60.83%
KPCL 1.40% 0.00%
LINDEBD 1.74% 0.00%
PTL 4.11% 11.58%
IBNSINA 4.27% 36.77%
GP 1.98% 0.00%
OLYMPIC 3.89% 0.00%
BATBC 1.71% 0.00%
AMCL (PRAN) 1.07% 0.00%
DHAKAINS -0.12% 0.00%
Total Weight 1
Monthly risk free 0.58%

Portfolio Varianc 1.35%
Portfolio standard 11.60%
Sharpe Ratio or S 33.76%
Efficient Frontier Determination when Short Sale Not Allowed and R
Portfolio Return Optimum Portfolio PR= 1%
Company Name Mean Return Weight Weight
KPCL 1.40% 12.25% 8.71%
LINDEBD 1.74% 0.00% 0.00%
PADMAOIL 0.29% 0.00% 4.98%
EASTRNLUB 4.87% 7.81% 0.00%
PTL 4.11% 7.41% 0.00%
ZAHINTEX 1.19% 0.00% 6.15%
BXPHARMA 2.15% 0.00% 0.00%
SQURPHARMA 3.12% 11.42% 0.00%
GLAXOSMITH 1.15% 0.00% 7.55%
IBNSINA 4.27% 17.61% 0.00%
SONALIANSH 2.08% 0.00% 0.58%
GP 1.98% 0.00% 0.00%
FUWANGFOOD 2.33% 0.52% 0.00%
OLYMPIC 3.89% 6.29% 0.00%
BATBC 1.71% 2.57% 41.69%
AMCL (PRAN) 1.07% 0.00% 1.36%
DHAKABANK 1.34% 0.00% 0.00%
BRACBANK 4.02% 34.11% 0.00%
PARAMOUNT 1.11% 0.00% 0.00%
DHAKAINS -0.12% 0.00% 28.97%
Monthly risk free rate 0.58% 0.58%

Portfolio Return 3.64% 1.00%
Portfolio Variance 0.24% 0.17%
Portfolio standard deviation 4.95% 4.07%
Sharpe Ratio or Slope 61.72% 10.24%
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%
0.58% 0.58% 0.58% 0.58% 0.58% 0.58% 0.58%

1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50%
0.12% 0.11% 0.13% 0.17% 0.22% 0.32% 1.35%
3.44% 3.38% 3.60% 4.07% 4.73% 5.62% 11.60%
26.65% 41.94% 53.27% 59.36% 61.63% 60.83% 33.76%
Short Sale Not Allowed and Risk free
Borrowing Allowed
X Axis Y Axis
Risk Return 4.50%
4.00%
4.07% 1.00%
3.50%
3.44% 1.50%
3.00%
3.38% 2.00%
Expected Return
3.60% 2.50% 2.50%
4.07% 3.00% 2.00%
4.73% 3.50% 1.50%
5.62% 4.00%
1.00%
0.50%
0.00%
0.00% 1.00% 2.00% 3.00% 4.00%
Tangency Portfolio 0.00% 0.58% Risk

4.95% 3.64%
ed and Risk free Lending and
3.00% 4.00% 5.00% 6.00%

Risk
KPCL 0.005312 0.000666 0.002530
LINDEBD 0.000666 0.007734 0.002148
PADMAOIL 0.002530 0.002148 0.007837
EASTRNLUB -0.000852 0.001838 0.000938
PTL 0.001324 -0.001406 0.003789
ZAHINTEX 0.000329 -0.000723 0.000789
BXPHARMA 0.001808 0.000963 0.004236
SQURPHARMA 0.001062 0.003227 0.001878
GLAXOSMITH 0.000815 0.004971 0.002407
IBNSINA 0.000422 0.004010 0.005654
SONALIANSH -0.000202 0.001509 0.002337
GP 0.000479 0.002636 0.002462
FUWANGFOOD 0.000018 -0.000505 0.001163
OLYMPIC 0.000081 0.003972 0.000884
BATBC 0.000328 0.001909 0.000758
AMCL (PRAN) 0.000068 0.002616 0.003110
DHAKABANK 0.001223 0.001249 0.001861
BRACBANK -0.000698 0.002193 0.000178
PARAMOUNT 0.001500 -0.001119 0.002202
DHAKAINS 0.001782 -0.000294 0.003582
Equal Weight Case

KPCL 1.40% 0.05
LINDEBD 1.74% 0.05
PADMAOIL 0.29% 0.05
PTL 4.11% 0.05
ZAHINTEX 1.19% 0.05
BXPHARMA 2.15% 0.05
IBNSINA 4.27% 0.05
GP 1.98% 0.05
OLYMPIC 3.89% 0.05
BATBC 1.71% 0.05
AMCL (PRAN) 1.07% 0.05
BRACBANK 4.02% 0.05
Total Weight 1

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
0.053184 -0.003640 -0.003233 -0.002738 -0.000436
-0.003640 0.028692 0.009589 0.004683 0.002217
-0.003233 0.009589 0.012472 0.004372 0.000931
-0.002738 0.004683 0.004372 0.009967 0.002992
-0.000436 0.002217 0.000931 0.002992 0.006294
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

KPCL 1.40% 15.50%
LINDEBD 1.74% 0.00%
PTL 4.11% 0.00%
IBNSINA 4.27% 3.60%
GP 1.98% 11.56%
OLYMPIC 3.89% 0.27%
BATBC 1.71% 33.91%
AMCL (PRAN) 1.07% 0.00%
DHAKAINS -0.12% 3.80%
Total Weight 1
Monthly risk free rat 0.58%

Portfolio standard d 3.37%
Sharpe Ratio or Slo 37.96%
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
0.007161 0.002830 0.001663 0.003225 -0.000623
0.002830 0.014519 0.003105 0.001243 -0.000894
0.001663 0.003105 0.011501 -0.001152 0.001452
0.003225 0.001243 -0.001152 0.005678 0.001319
-0.000623 -0.000894 0.001452 0.001319 0.017021
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
KPCL 0.013990510818833 8.72%
LINDEBD 0.017420333465792 0.00%
PADMAOIL 0.002858920385026 4.99%
EASTRNLUB 0.048678929119127 0.00%
PTL 0.041065394364922 0.00%
ZAHINTEX 0.011921465871845 6.18%
BXPHARMA 0.021493267748921 0.00%
SQURPHARMA 0.031228906651966 0.00%
GLAXOSMITH 0.011460374307593 7.57%
IBNSINA 0.042685584327901 0.00%
SONALIANSH 0.020809648748412 0.60%
GP 0.019838555292604 0.00%
FUWANGFOOD 0.023270690554483 0.00%
OLYMPIC 0.038862412483416 0.00%
BATBC 0.017084468064756 41.68%
AMCL (PRAN) 0.01067697998552 1.29%
DHAKABANK 0.013402942798526 0.00%
BRACBANK 0.040197515209008 0.00%
PARAMOUNT 0.011089495210826 0.00%
DHAKAINS -0.00120327185616 28.98%
Total Weight 1

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
0.017941 0.001083 0.000029 0.000836 0.001993
0.001083 0.003152 0.001027 -0.000327 0.001072
0.000029 0.001027 0.008626 0.000787 -0.000436
0.000836 -0.000327 0.000787 0.007452 0.002275
0.001993 0.001072 -0.000436 0.002275 0.008441
-0.000617 -0.000792 0.001095 0.002156 0.000807
0.001261 -0.001295 0.001890 0.004191 0.000839

KPCL 0.013990510818833 0.124516869594705
LINDEBD 0.017420333465792 0
PADMAOIL 0.002858920385026 0
EASTRNLUB 0.048678929119127 0
PTL 0.041065394364922 0
ZAHINTEX 0.011921465871845 0.072218132358924
BXPHARMA 0.021493267748921 0
SQURPHARMA 0.031228906651966 0
GLAXOSMITH 0.011460374307593 0.032629516179418
IBNSINA 0.042685584327901 0
SONALIANSH 0.020809648748412 0.055988833918237
GP 0.019838555292604 0.06729030248983
FUWANGFOOD 0.023270690554483 0
OLYMPIC 0.038862412483416 0
BATBC 0.017084468064756 0.423690420232
AMCL (PRAN) 0.01067697998552 0.000738848405422
DHAKABANK 0.013402942798526 0.003069263685719
BRACBANK 0.040197515209008 0
PARAMOUNT 0.011089495210826 0
DHAKAINS -0.00120327185616 0.219857813135745
Total Weight 1

Portfolio standard devi 0.0366
PARAMOUNT DHAKAINS
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
0.012666 0.005926
0.005926 0.008523

Company Name Mean Return Weight Company Name Mean Retur
KPCL 0.013990510818833 0.1381967 KPCL 0.0139905
LINDEBD 0.017420333465792 0 LINDEBD 0.0174203
PADMAOIL 0.002858920385026 0 PADMAOIL 0.0028589
EASTRNLUB 0.048678929119127 0.0119807 EASTRNLUB 0.0486789
PTL 0.041065394364922 0 PTL 0.0410654
ZAHINTEX 0.011921465871845 0.0797696 ZAHINTEX 0.0119215
BXPHARMA 0.021493267748921 0 BXPHARMA 0.0214933
SQURPHARMA 0.031228906651966 0 SQURPHARMA 0.0312289
GLAXOSMITH 0.011460374307593 0 GLAXOSMITH 0.0114604
IBNSINA 0.042685584327901 0 IBNSINA 0.0426856
SONALIANSH 0.020809648748412 0.0822545 SONALIANSH 0.0208096
GP 0.019838555292604 0.1252693 GP 0.0198386
FUWANGFOOD 0.023270690554483 0 FUWANGFOOD 0.0232707
OLYMPIC 0.038862412483416 0 OLYMPIC 0.0388624
BATBC 0.017084468064756 0.3896228 BATBC 0.0170845
AMCL (PRAN) 0.01067697998552 0 AMCL (PRAN) 0.010677
DHAKABANK 0.013402942798526 0.049539 DHAKABANK 0.0134029
BRACBANK 0.040197515209008 0 BRACBANK 0.0401975
PARAMOUNT 0.011089495210826 0.0133012 PARAMOUNT 0.0110895
DHAKAINS -0.00120327185616 0.1100663 DHAKAINS -0.001203
Monthly risk free rate 0.0058 Monthly risk free rate 0.0058
Portfolio standard deviati 0.0344 Portfolio standard devi 0.0338
Sharpe Ratio or Slope 0.2665 Sharpe Ratio or Slope 0.4194
Return 2% 5. Portfolio Return 2.25% 6. Portfolio Return 2.5%
Weight Company Name Mean ReturWeight Company Name Mean Retur
0.1613803 KPCL 0.0139905 0.1668289 KPCL 0.0139905
0 LINDEBD 0.0174203 0 LINDEBD 0.0174203
0 PADMAOIL 0.0028589 0 PADMAOIL 0.0028589
0.0214925 EASTRNLUB 0.0486789 0.0283348 EASTRNLUB 0.0486789
0 PTL 0.0410654 0.0045609 PTL 0.0410654
0.0765491 ZAHINTEX 0.0119215 0.0647169 ZAHINTEX 0.0119215
0 BXPHARMA 0.0214933 0 BXPHARMA 0.0214933
0 SQURPHARMA 0.0312289 0 SQURPHARMA 0.0312289
0 GLAXOSMITH 0.0114604 0 GLAXOSMITH 0.0114604
0.0482786 IBNSINA 0.0426856 0.0729126 IBNSINA 0.0426856
0.066626 SONALIANSH 0.0208096 0.0561477 SONALIANSH 0.0208096
0.1100898 GP 0.0198386 0.0967488 GP 0.0198386
0.0224578 FUWANGFOOD 0.0232707 0.0281722 FUWANGFOOD 0.0232707
0.0080644 OLYMPIC 0.0388624 0.0191509 OLYMPIC 0.0388624
0.3195765 BATBC 0.0170845 0.283349 BATBC 0.0170845
0 AMCL (PRAN) 0.010677 0 AMCL (PRAN) 0.010677
0.0483422 DHAKABANK 0.0134029 0.0328809 DHAKABANK 0.0134029
0.0705988 BRACBANK 0.0401975 0.1142338 BRACBANK 0.0401975
0.0346939 PARAMOUNT 0.0110895 0.0319627 PARAMOUNT 0.0110895
0.01185 DHAKAINS -0.001203 0 DHAKAINS -0.001203
1 Total Weight 1 Total Weight
Monthly risk free ra 0.0058 Monthly risk free rate 0.0058

Portfolio standard d 0.0345 Portfolio standard deviatio 0.0360
Sharpe Ratio or Slo 0.4829 Sharpe Ratio or Slope 0.5327
eturn 2.5% 7. Portfolio Return 3% 8. Portfolio Return 3.25%
Weight Company Name Mean ReturWeight Company Name
0.1687254 KPCL 0.0139905 0.1675844 KPCL
0 LINDEBD 0.0174203 0 LINDEBD
0 PADMAOIL 0.0028589 0 PADMAOIL
0.0358259 EASTRNLUB 0.0486789 0.0514969 EASTRNLUB
0.0207596 PTL 0.0410654 0.0521073 PTL
0.0465192 ZAHINTEX 0.0119215 0.0053435 ZAHINTEX
0 BXPHARMA 0.0214933 0 BXPHARMA
0 SQURPHARMA 0.0312289 0.0227644 SQURPHARMA
0 GLAXOSMITH 0.0114604 0 GLAXOSMITH
0.0956227 IBNSINA 0.0426856 0.1349115 IBNSINA
0.0444205 SONALIANSH 0.0208096 0.0213858 SONALIANSH
0.084722 GP 0.0198386 0.0546824 GP
0.0286684 FUWANGFOOD 0.0232707 0.0291534 FUWANGFOOD
0.02528 OLYMPIC 0.0388624 0.0375695 OLYMPIC
0.2507501 BATBC 0.0170845 0.1764918 BATBC
0 AMCL (PRAN) 0.010677 0 AMCL (PRAN)
0.0165282 DHAKABANK 0.0134029 0 DHAKABANK
0.1589341 BRACBANK 0.0401975 0.2424815 BRACBANK
0.0232439 PARAMOUNT 0.0110895 0.0040274 PARAMOUNT
0 DHAKAINS -0.001203 0 DHAKAINS
1 Total Weight 1 Total Weight
Monthly risk free ra 0.0058 Monthly risk free rate

Portfolio Retrun 0.0300 Portfolio Retrun
Portfolio Variance 0.0017 Portfolio Variance
Portfolio standard d 0.0407 Portfolio standard deviation
Sharpe Ratio or Slo 0.5936 Sharpe Ratio or Slope
tfolio Return 3.25% 9. Portfolio Return 3.5%
Mean ReturWeight Company Name Mean Return Weight
0.0139905 0.1559358 KPCL 0.013990510819 0.1350383
0.0174203 0 LINDEBD 0.017420333466 0
0.0028589 0 PADMAOIL 0.002858920385 0
0.0486789 0.0614139 EASTRNLUB 0.048678929119 0.0720907
0.0410654 0.0623282 PTL 0.041065394365 0.0697861
0.0119215 0 ZAHINTEX 0.011921465872 0
0.0214933 0 BXPHARMA 0.021493267749 0
0.0312289 0.0585832 SQURPHARMA 0.031228906652 0.0956279
0.0114604 0 GLAXOSMITH 0.011460374308 0
0.0426856 0.1522572 IBNSINA 0.042685584328 0.168023
0.0208096 0.0036815 SONALIANSH 0.020809648748 0
0.0198386 0.0300192 GP 0.019838555293 0.0071991
0.0232707 0.0233917 FUWANGFOOD 0.023270690554 0.0124721
0.0388624 0.0455845 OLYMPIC 0.038862412483 0.0565421
0.0170845 0.1254681 BATBC 0.017084468065 0.0630725
0.010677 0 AMCL (PRAN) 0.010676979986 0
0.0134029 0 DHAKABANK 0.013402942799 0
0.0401975 0.2813368 BRACBANK 0.040197515209 0.3201482
0.0110895 0 PARAMOUNT 0.011089495211 0
-0.001203 0 DHAKAINS -0.001203271856 0
1 Total Weight 1
0.0058 Monthly risk free rate 0.0058

0.0325 Portfolio Retrun 0.0350
0.0019 Portfolio Variance 0.0022
0.0438 Portfolio standard dev 0.0473
0.6093 Sharpe Ratio or Slop 0.6163
Company Name Mean ReturWeight
KPCL 0.0139905 0.0158218
LINDEBD 0.0174203 0
PADMAOIL 0.0028589 0
EASTRNLUB 0.0486789 0.0930829
PTL 0.0410654 0.0945948
ZAHINTEX 0.0119215 0
BXPHARMA 0.0214933 0
SQURPHARMA 0.0312289 0.1211615
GLAXOSMITH 0.0114604 0
IBNSINA 0.0426856 0.2121671
SONALIANSH 0.0208096 0
GP 0.0198386 0
FUWANGFOOD 0.0232707 0
OLYMPIC 0.0388624 0.0716636
BATBC 0.0170845 0
AMCL (PRAN) 0.010677 0
DHAKABANK 0.0134029 0
BRACBANK 0.0401975 0.3915081
PARAMOUNT 0.0110895 0
DHAKAINS -0.001203 0
Total Weight 1

Portfolio standard dev 0.0562
Sharpe Ratio or Slop 0.6083
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
KPCL 1.40% 15.50% 8.72% 12.45% 13.82%
LINDEBD 1.74% 0.00% 0.00% 0.00% 0.00%
PADMAOIL 0.29% 0.00% 4.99% 0.00% 0.00%
EASTRNLUB 4.87% 1.93% 0.00% 0.00% 1.20%
PTL 4.11% 0.00% 0.00% 0.00% 0.00%
ZAHINTEX 1.19% 7.95% 6.18% 7.22% 7.98%
BXPHARMA 2.15% 0.00% 0.00% 0.00% 0.00%
SQURPHARMA 3.12% 0.00% 0.00% 0.00% 0.00%
GLAXOSMITH 1.15% 0.00% 7.57% 3.26% 0.00%
IBNSINA 4.27% 3.60% 0.00% 0.00% 0.00%
SONALIANSH 2.08% 7.11% 0.60% 5.60% 8.23%
GP 1.98% 11.56% 0.00% 6.73% 12.53%
FUWANGFOOD 2.33% 1.44% 0.00% 0.00% 0.00%
OLYMPIC 3.89% 0.27% 0.00% 0.00% 0.00%
BATBC 1.71% 33.91% 41.68% 42.37% 38.96%
AMCL (PRAN) 1.07% 0.00% 1.29% 0.07% 0.00%
DHAKABANK 1.34% 4.83% 0.00% 0.31% 4.95%
BRACBANK 4.02% 5.23% 0.00% 0.00% 0.00%
PARAMOUNT 1.11% 2.87% 0.00% 0.00% 1.33%
DHAKAINS -0.12% 3.80% 28.98% 21.99% 11.01%
Monthly risk free rate 0.58% 0.58% 0.58% 0.58%

Portfolio Return 1.86% 1.00% 1.25% 1.50%
Portfolio Variance 0.11% 0.17% 0.13% 0.12%
Portfolio standard deviation 3.37% 4.07% 3.66% 3.44%
Sharpe Ratio or Slope 37.96% 10.24% 18.24% 26.65%
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%
0.58% 0.58% 0.58% 0.58% 0.58% 0.58%

2.00% 2.25% 2.50% 3.00% 3.25% 3.50%
0.11% 0.12% 0.13% 0.17% 0.19% 0.22%
3.38% 3.45% 3.60% 4.07% 4.38% 4.73%
41.94% 48.29% 53.27% 59.36% 60.93% 61.63%
d
PR= 4%
Weight Short Sale And Risk free L
1.58% Allowed
0.00%
4.50%
0.00% X Axis Y Axis
9.31% Risk Return 4.00%
9.46% 3.50%
0.00% 4.07% 1.00%
3.00%
Expected Return
0.00% 3.66% 1.25%
12.12% 3.44% 1.50% 2.50%
0.00% 3.38% 2.00% 2.00%
21.22% 3.45% 2.25%
1.50%
0.00% 3.60% 2.50%
0.00% 4.07% 3.00% 1.00%
0.00% 4.38% 3.25% 0.50%
7.17% 4.73% 3.50%
0.00%
0.00% 5.62% 4.00% 3.00% 3.50% 4.00%
0.00%
0.00% 0.00% 0.58%
39.15% 3.37% 1.86%
0.00%
0.00%
0.58%
4.00%
0.32%
5.62%
60.83%
ale And Risk free Lending and Borrowing Not
d
%
%
%
%
%
%
%
%
%
3.00% 3.50% 4.00% 4.50% 5.00% 5.50% 6.00%
Risk
Year Month Risk Free Rate DSEX Index KPCL LINDEBD
2013 July 12.22% 1.02% 3940.80733 49.81 621.60
August 12.20% 1.02% 4127.48393 48.48 748.70
September 12.22% 1.02% 3937.68308 43.81 668.80
October 12.22% 1.02% 3967.72898 44.76 625.40
November 12.16% 1.01% 4230.7266 47.71 621.60
December 12.16% 1.01% 4266.55034 46.76 629.30
2014 January 12.16% 1.01% 4753.17024 57.71 706.10
February 12.10% 1.01% 4749.86891 54.19 892.00
March 11.75% 0.98% 4491.98393 50.00 896.10
April 11.75% 0.98% 4566.85991 50.19 1133.70
May 11.67% 0.97% 4430.47759 48.60 905.40
June 11.67% 0.97% 4480.52158 46.10 882.70
July 11.59% 0.97% 4427.1551 46.50 879.80
August 11.35% 0.95% 4549.5191 50.20 837.60
September 11.00% 0.92% 5074.3072 50.20 864.70
October 10.92% 0.91% 5173.23208 65.00 901.70
November 10.92% 0.91% 4769.42793 54.50 898.70
December 11.00% 0.92% 4864.96446 57.00 914.60
2015 January 10.88% 0.91% 4724.04933 56.60 896.00
February 10.85% 0.90% 4763.21716 56.90 935.80
March 10.82% 0.90% 4530.48314 64.70 910.80
April 10.72% 0.89% 4047.28611 61.30 815.10
May 10.72% 0.89% 4586.95109 64.30 824.60
June 10.72% 0.89% 4583.10991 71.20 956.30
July 9.79% 0.82% 4792.30659 77.30 1206.70
August 8.39% 0.70% 4768.66705 71.20 1109.10
September 8.18% 0.68% 4852.08282 73.80 1305.10
October 8.00% 0.67% 4564.48648 73.80 1187.10
November 6.79% 0.57% 4580.99838 72.90 1199.40
December 7.40% 0.62% 4629.64302 74.90 1138.40
2016 January 7.39% 0.62% 4540.8927 75.00 1136.50
February 5.95% 0.50% 4511.96602 74.80 1123.30
March 6.64% 0.55% 4357.53806 71.40 1065.20
April 6.94% 0.58% 4195.69851 70.00 1199.80
May 7.05% 0.59% 4419.3923 66.70 1374.30
June 7.29% 0.61% 4507.58048 64.90 1437.00
July 7.59% 0.63% 4525.34975 63.00 1438.00
August 7.36% 0.61% 4526.57886 61.70 1386.80
September 7.25% 0.60% 4695.18902 63.60 1418.80
October 6.98% 0.58% 4592.17713 64.10 1315.90
November 6.89% 0.57% 4801.2437 61.20 1348.00
December 6.89% 0.57% 5036.05011 62.50 1296.00
2017 January 6.77% 0.56% 5468.34018 64.70 1273.30
February 6.30% 0.53% 5612.69664 64.60 1282.90
March 6.30% 0.53% 5719.61091 63.70 1217.70
April 6.30% 0.53% 5475.55266 60.50 1224.40
May 6.30% 0.53% 5403.1162 58.50 1311.20
June 6.86% 0.57% 5656.04928 59.20 1277.50
July 6.96% 0.58% 5860.64891 61.30 1296.50
August 6.96% 0.58% 6006.43351 62.80 1241.80
September 6.99% 0.58% 6092.84094 63.30 1217.90
October 7.00% 0.58% 6019.59132 66.70 1217.10
November 7.00% 0.58% 6306.86095 60.60 1279.50
December 7.24% 0.60% 6244.52234 58.50 1284.70
2018 January 7.39% 0.62% 6039.78399 56.60 1278.90
February 7.39% 0.62% 5804.94333 57.10 1228.10
March 7.35% 0.61% 5597.44378 54.20 1225.80
April 7.11% 0.59% 5739.22955 54.00 1267.70
May 6.84% 0.57% 5343.87807 62.50 1248.40
June 7.50% 0.63% 5405.46105 67.60 1257.10
July 7.00% 0.58% 5302.6374 68.20 1214.50
Price Data
PADMAOIL EASTRNLUB PTL ZAHINTEXBXPHARMA
SQURPHARMA
GLAXOSMITH IBNSINASONALIANSH
330.36 290.00 18.47 18.87 39.82 106.30 836.00 55.40 123.40
341.27 312.20 18.47 18.69 41.46 111.05 1050.40 75.51 150.10
293.82 379.30 18.47 18.87 38.53 113.67 959.40 70.33 146.40
255.00 319.50 18.47 17.12 37.58 117.59 954.70 64.88 124.50
285.45 310.10 37.01 18.92 41.29 126.35 974.80 68.96 133.90
252.30 307.50 38.20 19.06 40.77 124.33 955.70 67.74 125.80
328.60 348.80 38.49 19.34 46.82 149.29 1032.20 77.41 130.80
327.20 435.60 34.43 16.90 42.68 173.67 1196.10 81.36 135.90
342.70 562.20 32.58 16.55 43.36 174.52 1306.20 80.01 159.90
346.40 554.40 25.05 14.34 37.92 184.14 1778.40 80.14 127.40
326.00 513.90 27.34 14.34 35.47 176.48 1651.20 77.28 128.90
321.60 447.30 25.26 14.26 37.73 184.46 1549.80 77.14 124.40
332.20 401.30 24.83 14.19 38.91 166.87 1520.40 75.34 117.30
321.40 396.60 28.15 15.24 50.52 176.20 1450.60 72.85 115.40
342.90 409.80 24.75 14.47 63.40 195.89 1438.50 75.55 116.80
334.90 422.90 23.71 13.35 59.32 209.50 1481.20 79.98 119.10
265.40 387.30 20.14 12.40 55.42 189.35 1446.70 75.26 140.90
251.60 405.30 19.63 12.63 53.24 194.32 1512.00 75.34 110.10
231.60 371.80 17.50 11.25 51.07 191.15 1482.20 70.54 96.90
248.90 377.70 16.65 10.64 52.07 198.30 1790.20 79.98 114.20
248.50 378.50 14.19 9.87 51.07 197.78 1859.80 77.73 108.20
201.50 351.00 12.75 9.87 40.64 184.92 1603.30 71.14 86.60
250.90 326.70 15.38 11.25 54.76 185.37 1744.80 71.71 90.40
244.30 365.80 15.13 12.33 59.81 197.10 2028.90 69.82 97.50
252.30 355.00 16.23 13.62 66.38 204.99 2106.10 81.70 116.30
247.40 371.30 15.38 16.91 62.67 213.87 2140.40 105.94 127.00
247.10 366.70 15.38 16.84 68.10 210.91 2130.20 135.37 124.40
226.40 350.40 15.97 19.44 67.90 205.50 1897.80 129.08 132.10
198.30 324.10 13.76 17.17 73.33 214.88 1851.40 100.51 125.60
184.20 305.60 12.57 18.94 80.10 214.55 1799.80 117.75 121.10
169.70 723.60 12.83 19.03 82.29 218.94 1801.40 113.18 115.50
164.90 564.40 13.17 18.44 83.14 222.84 1802.80 111.85 115.10
171.70 919.10 13.25 17.93 80.10 212.01 1798.60 133.96 123.90
192.00 1367.40 12.66 13.22 77.14 214.29 1711.60 159.46 122.50
182.60 1281.20 13.85 18.94 82.60 220.13 1754.00 163.81 130.30
185.80 1165.60 15.38 16.84 83.50 224.70 1724.10 201.30 123.00
184.80 1190.80 13.85 17.85 86.70 225.88 1591.20 192.21 137.60
184.10 1203.50 14.27 16.33 82.80 221.81 1567.40 211.69 155.60
189.30 1158.80 16.15 16.42 83.10 227.14 1601.30 207.79 162.20
187.00 1090.90 16.74 14.39 77.20 226.47 1593.00 198.64 193.50
190.90 882.30 17.09 15.00 82.40 227.81 1570.40 196.82 187.50
180.20 1199.50 18.36 16.91 80.80 231.72 1532.90 180.45 185.60
229.30 1073.80 20.82 19.00 87.20 241.77 1560.40 251.73 203.90
255.10 1167.50 22.82 20.45 92.30 249.49 1566.70 239.82 212.10
253.30 1136.60 22.73 20.64 110.40 258.51 1518.20 219.18 213.00
248.40 1011.80 24.82 18.27 111.00 263.91 1482.00 222.18 223.00
242.70 968.80 29.73 17.45 108.20 262.33 1465.50 219.82 241.30
255.90 983.90 34.00 17.82 113.00 269.86 1486.70 225.36 225.10
248.10 1035.40 31.73 18.27 111.70 263.07 1464.10 223.64 226.00
251.40 983.10 32.73 17.45 108.40 266.14 1445.40 237.91 238.10
244.10 881.70 33.00 16.55 106.80 284.65 1458.10 228.09 206.70
241.10 1097.90 31.00 15.82 97.40 276.65 1475.50 234.20 217.00
237.30 987.20 43.10 16.90 103.90 301.80 1555.80 242.60 247.70
239.00 974.40 43.90 16.60 103.80 301.80 1550.80 244.40 220.60
239.60 1018.80 46.50 15.30 106.40 326.00 1615.00 243.20 200.90
230.70 1006.70 43.80 14.90 105.20 313.30 1570.80 243.20 209.90
215.70 973.40 41.80 14.30 102.80 310.00 1452.80 244.30 205.90
235.80 1266.60 45.30 13.60 105.50 306.90 1448.00 272.20 273.90
234.60 1298.00 42.60 12.40 98.30 282.20 1403.80 256.90 295.00
229.60 1566.20 53.10 13.30 93.90 293.10 1447.90 257.40 338.00
224.80 1675.50 60.40 15.00 88.20 267.60 1176.10 305.80 292.60
GP FUWANGFOODOLYMPIC BATBCAMCL (PRAN)
DHAKABANK
BRACBANK
PARAMOUNT
184.20 14.07 85.36 1446.50 172.80 14.70 16.62 14.95
213.30 15.50 86.93 1544.40 254.10 14.54 15.55 15.03
189.40 14.61 81.09 1561.80 272.30 13.28 15.38 17.18
192.00 13.01 80.62 1573.00 184.50 14.09 16.62 16.42
203.20 15.35 90.42 1580.00 181.80 14.09 17.05 17.18
200.90 15.41 86.48 1603.10 188.00 14.09 18.12 17.26
212.30 15.29 106.17 1929.00 209.50 15.89 19.28 19.40
214.00 13.78 131.98 2299.10 235.50 17.01 23.33 17.54
213.80 12.94 121.22 2305.10 241.20 15.03 20.25 15.65
268.90 11.89 141.27 2458.50 227.00 16.14 21.17 14.81
266.30 12.22 134.80 2354.30 228.90 15.67 19.92 15.00
300.30 12.28 130.92 2318.10 221.70 15.74 21.92 14.23
307.50 11.95 142.62 2435.40 219.40 14.33 21.75 13.47
323.70 13.40 130.80 2737.10 220.10 13.62 22.25 13.77
381.90 17.18 145.03 2798.00 226.30 14.16 26.83 13.24
374.50 14.24 154.38 2743.30 226.30 15.58 29.08 13.84
318.70 15.52 171.98 2746.30 199.70 14.49 30.33 12.85
361.90 17.11 180.40 2650.30 196.10 14.41 31.00 12.78
329.30 18.05 185.64 2934.40 200.50 16.06 32.92 11.94
335.30 17.25 179.29 3062.70 210.70 15.43 32.17 11.32
358.20 14.80 176.43 3156.70 203.70 13.70 28.58 10.25
323.70 13.01 167.38 3111.60 175.70 12.99 27.50 9.03
323.50 17.32 174.45 2859.90 191.40 16.10 29.08 11.28
329.70 15.67 186.35 3045.00 191.00 15.07 32.75 11.19
330.50 16.03 219.45 3020.10 197.70 16.28 33.50 10.78
316.70 15.52 219.05 3067.10 231.60 16.89 32.58 10.35
285.10 15.59 240.16 2952.40 226.20 17.49 34.33 10.35
248.60 14.23 227.46 2942.80 192.90 17.14 38.67 9.77
265.50 13.31 237.05 2910.00 185.10 16.80 40.08 9.34
253.00 12.06 246.86 2950.50 204.20 17.06 40.58 9.26
256.70 12.32 249.14 3082.80 197.90 16.80 39.58 11.11
245.60 11.90 271.24 2797.50 195.70 15.41 35.92 10.86
226.80 13.23 279.24 2550.20 192.80 15.76 37.25 10.78
246.40 11.15 289.24 2678.90 194.00 12.99 34.50 9.51
255.10 11.41 311.05 2624.80 194.80 14.10 38.67 10.46
254.70 11.57 328.86 2700.00 195.70 14.29 44.17 9.91
276.40 10.75 323.14 2640.80 206.90 13.90 53.17 9.72
263.90 10.91 287.62 2446.70 222.60 15.71 50.75 10.83
269.80 11.65 291.62 2519.10 215.30 16.67 49.92 11.11
273.20 10.75 287.62 2566.50 199.90 15.43 49.92 16.39
283.40 11.73 295.60 2538.70 203.70 16.57 54.50 20.65
284.10 14.55 307.90 2483.00 207.60 17.05 53.42 17.69
301.60 13.00 308.90 2494.40 219.00 19.43 56.42 18.33
309.00 13.64 307.30 2503.80 217.20 20.29 55.83 18.52
332.10 13.91 287.60 2429.80 209.50 21.81 72.25 18.06
337.60 13.09 277.20 2547.90 210.00 18.10 72.80 18.89
328.70 13.55 268.00 2790.70 210.10 17.00 77.60 18.60
344.40 14.45 278.50 2829.30 216.50 18.70 80.70 19.00
379.50 22.00 287.20 3020.30 214.90 18.40 87.80 19.00
389.60 21.36 273.70 3005.30 217.90 20.00 85.80 17.70
415.30 18.27 271.70 2992.80 209.70 20.70 85.90 18.10
438.30 20.00 256.10 3100.90 206.70 21.50 100.60 19.50
471.40 21.27 285.40 3300.10 223.10 24.30 109.80 18.10
470.80 19.80 288.30 3401.60 222.00 22.00 108.40 18.30
502.40 18.20 284.70 3777.80 213.30 19.20 96.80 17.50
478.70 18.90 259.40 3608.10 215.40 17.50 91.60 17.70
462.00 18.60 275.00 3435.20 214.30 16.50 97.20 15.90
469.60 18.10 264.00 3410.30 225.10 16.50 87.70 15.40
414.80 16.70 237.30 3394.60 211.60 14.30 74.50 13.00
388.90 18.50 224.40 3456.70 233.30 14.20 71.20 13.30
390.20 21.20 206.50 3277.10 235.40 12.90 65.70 13.00
DHAKAINS Risk Free Rate DSEX Index Return
37.10
37.10 -0.16% 4.74%
37.01 0.16% -4.60%
36.54 0.00% 0.76%
38.50 -0.49% 6.63%
37.76 0.00% 0.85%
42.99 0.00% 11.41%
38.69 -0.49% -0.07%
34.86 -2.89% -5.43%
32.06 0.00% 1.67%
28.22 -0.68% -2.99%
26.07 0.00% 1.13%
24.77 -0.69% -1.19%
24.77 -2.07% 2.76%
27.29 -3.08% 11.54%
27.01 -0.73% 1.95%
25.33 0.00% -7.81%
24.11 0.73% 2.00%
22.52 -1.09% -2.90%
22.71 -0.28% 0.83%
19.07 -0.28% -4.89%
15.23 -0.92% -10.67%
19.50 0.00% 13.33%
17.70 0.00% -0.08%
17.60 -8.68% 4.56%
17.50 -14.30% -0.49%
17.70 -2.50% 1.75%
17.10 -2.20% -5.93%
16.90 -15.13% 0.36%
17.40 8.98% 1.06%
18.00 -0.14% -1.92%
18.20 -19.49% -0.64%
17.50 11.60% -3.42%
14.40 4.52% -3.71%
14.90 1.59% 5.33%
14.90 3.40% 2.00%
14.60 4.12% 0.39%
16.70 -3.03% 0.03%
17.10 -1.49% 3.72%
17.30 -3.72% -2.19%
21.10 -1.29% 4.55%
22.70 0.00% 4.89%
24.50 -1.74% 8.58%
24.20 -6.94% 2.64%
25.20 0.00% 1.90%
22.00 0.00% -4.27%
19.50 0.00% -1.32%
20.30 8.89% 4.68%
21.70 1.46% 3.62%
22.50 0.00% 2.49%
24.30 0.43% 1.44%
23.70 0.14% -1.20%
24.00 0.00% 4.77%
24.60 3.43% -0.99%
22.60 2.07% -3.28%
20.60 0.00% -3.89%
21.30 -0.54% -3.57%
20.70 -3.27% 2.53%
19.20 -3.80% -6.89%
18.40 9.65% 1.15%
18.40 -6.67% -1.90%
Monthly Average DSEX

Return 0.60%
Annual average DSEX
Return 7.17%
Risk Free Rate DSEX Index

E ( r) -9.52% 7.17%
s( r) 17.43% 15.83%
E( er) 0.00% 16.69%
S( er) 0.00% 23.43%
a (er) 0.00%
b( er) 1.0000
s(ei) 0.00%
Weight
Risk Free rate 7.00%
MRP 0.17%
Potfolio alpha (ap) 21.31%
Portfolio Beta (bp) 0.8640
Portoflio Return 28.46%
Portfolio s (ei) 8.17%
Portfilio s 10.25%
Sharp Ratio 2.09
Risk Free Rate DSEX Index
E ( r) -9.52% 7.17%
s( r) 17.43% 15.83%
E( er) 0.00% 16.69%
S( er) 0.00% 23.43%
a (er) 0.00%
b( er) 1.0000
s(ei) 0.00%
Weight
Risk Free rate 7.00%
MRP 0.17%
Potfolio alpha (ap) 32.72%
Portfolio Beta (bp) 0.7281
Portoflio Return 39.84%
Portfolio s (ei) 9.93%
Portfilio s 11.21%
Sharp Ratio 2.93
Historical Return
KPCL LINDEBDPADMAOIL
EASTRNLUB PTL ZAHINTEX
BXPHARMA
SQURPHARMA
GLAXOSMITH
-2.67% 20.45% 3.30% 7.66% 0.00% -0.95% 4.12% 38.06% 25.65%

-9.63% -10.67% -13.90% 21.49% 0.00% 0.96% -7.07% 2.36% -8.66%
2.17% -6.49% -13.21% -15.77% 0.00% -9.27% -2.47% 3.45% -0.49%
6.59% -0.61% 11.94% -2.94% 100.38% 29.73% 9.87% 7.45% 2.11%
-1.99% 1.24% 0.79% 0.14% 15.60% 0.74% -1.26% -1.60% -1.96%
23.42% 12.20% 30.24% 13.43% 0.76% 1.47% 14.84% 20.08% 8.00%
-6.10% 26.33% -0.43% 24.89% -10.55% -12.62% -8.84% 16.33% 15.88%
-7.73% 3.92% 4.74% 29.06% -5.37% -2.07% 1.59% 0.49% 11.50%
0.38% 26.51% 1.08% -1.39% -23.11% -13.35% -12.55% 5.51% 36.15%
6.82% -20.14% -5.89% -7.31% 9.14% 0.00% 1.04% -4.16% -7.15%
-5.14% -2.51% -1.35% -12.96% -7.61% -0.56% 6.37% 4.52% -6.14%
0.87% -0.33% 3.30% -10.28% -1.70% -0.49% 3.13% -9.54% -1.90%
7.96% -4.80% -3.25% -1.17% 13.37% 7.40% 29.84% 23.13% -4.59%
0.00% 3.24% 6.69% 3.33% -12.08% -5.05% 25.49% 11.17% -0.83%
29.48% 4.28% -2.33% 3.20% -4.20% -7.74% -6.44% 6.95% 2.97%
-16.15% -0.33% -20.75% -7.64% -2.32% 2.17% -6.57% -9.62% -2.33%
4.59% 1.77% -1.23% 4.65% -2.53% 1.85% -3.93% 2.62% 4.51%
-0.70% -2.03% -7.95% -8.27% -10.85% -10.93% -4.08% -1.63% -1.97%
0.53% 4.44% 7.47% 1.59% -4.86% -5.42% 1.96% 3.74% 20.78%
13.71% 0.73% -0.16% 0.21% -14.77% -7.24% -1.92% -0.26% 6.15%
-5.26% -10.51% -18.91% -7.27% -10.15% 0.00% -20.42% -6.50% -13.79%
11.11% 1.17% 24.52% -6.92% 20.63% 13.98% 43.31% 0.24% 8.83%
10.73% 15.97% -2.63% 11.97% -1.63% 9.60% 9.22% 6.33% 16.28%
8.57% 26.18% 3.27% -2.95% 7.27% 10.46% 10.98% 4.00% 3.81%
-7.89% -8.09% -1.94% 4.59% -5.24% 24.16% -5.59% 5.73% 1.63%
3.65% 17.67% -0.12% -1.24% 0.00% -0.41% 8.66% 10.94% -0.48%
0.00% -9.04% -8.38% -4.45% 3.84% 15.44% -0.29% -2.57% -10.91%
-1.22% 1.04% -12.41% -7.51% -2.21% 0.07% 8.00% 4.56% -2.44%
2.74% -5.09% -1.68% -4.73% -8.65% 10.31% 9.23% -0.15% -2.79%
0.13% -0.17% -7.87% 136.78% 2.07% 0.48% 2.73% 2.05% 0.09%
-0.27% -1.16% -2.83% -22.00% 2.65% -3.10% 1.03% 1.78% 0.08%
-4.55% -2.26% 4.12% 62.85% 0.61% -2.77% -3.66% -4.86% 2.82%
-1.96% 12.64% 11.82% 48.78% -4.45% -26.27% -3.70% 1.08% -4.84%
-4.71% 14.54% -4.90% -6.30% 9.40% 43.27% 14.25% 2.73% 2.48%
-2.70% 4.56% 1.75% -9.02% 11.05% -11.09% 1.09% 2.08% -1.70%
-2.93% 0.07% -0.54% 2.16% -9.95% 6.00% 3.83% 0.53% -7.71%
-2.06% -3.56% -0.38% 1.07% 3.03% -8.52% -4.50% -1.80% -1.50%
3.08% 2.31% 2.82% -3.71% 13.17% 0.55% 0.36% 2.40% 2.16%
0.79% -7.25% -1.22% -5.86% 3.65% -12.36% -7.10% -0.29% -0.52%
7.73% 2.44% 2.09% -19.12% 15.09% 17.24% 6.74% 12.41% -1.42%
2.12% -3.86% -0.06% 36.79% 7.43% 12.73% -1.94% 1.72% -2.39%
3.52% -1.75% 27.25% -10.48% 13.40% 12.36% 7.92% 4.34% 1.79%
-0.15% 0.75% 11.25% 8.73% 9.61% 7.63% 5.85% 3.19% 0.40%
-1.39% -2.54% -0.71% -2.65% -0.39% 0.93% 19.61% 3.62% 0.20%
-5.02% 0.55% -1.93% -10.98% 9.19% -11.48% 0.54% 2.09% -2.38%
-3.31% 7.09% -2.29% -4.25% 19.78% -4.49% -2.52% -0.60% -1.11%
1.20% -2.57% 5.44% 1.56% 14.36% 2.12% 4.44% 2.87% 1.45%
3.55% 1.49% -3.05% 5.23% -6.68% 2.53% -1.15% -2.52% -1.52%
2.45% -4.22% 1.33% -5.05% 3.15% -4.49% -2.95% 1.17% -1.28%
0.80% -1.92% -2.90% -10.31% 0.82% -5.16% -1.48% 6.95% 0.88%
5.37% -0.07% -1.23% 24.52% -6.06% -4.41% -8.80% -2.81% 1.19%
-0.07% 5.13% -1.58% -10.08% 52.94% 17.51% 7.88% 18.43% 5.44%
-3.47% 0.41% 5.32% -0.27% 3.00% -1.78% -0.10% 0.00% -0.32%
-3.25% -0.45% 0.25% 4.56% 5.92% -7.83% 2.50% 8.02% 4.14%
0.88% -3.97% -3.71% -1.19% -5.81% -2.61% -1.13% -3.90% -2.74%
-5.08% 2.59% -6.50% -3.31% -4.57% -4.03% -2.28% -1.05% -3.73%
-0.37% 3.42% 9.32% 30.12% 8.37% -4.90% 2.63% -1.00% -0.33%
15.74% -1.52% -0.51% 2.48% -5.96% -8.82% -6.82% -8.05% -3.05%
8.16% 0.70% -2.13% 20.66% 24.65% 7.26% -4.48% 3.86% 3.14%
0.89% -3.39% -2.09% 6.98% 13.75% 12.78% -6.07% -8.70% -18.77%
Equal Weight Portfolio

KPCL LINDEBD PADMAOIEASTRNL PTL ZAHINTEXBXPHARMSQURPHAGLAXOSM
16.79% 20.90% 3.43% 58.41% 49.28% 14.31% 25.79% 37.47% 13.75%
25.46% 30.72% 30.92% 80.56% 59.17% 39.01% 34.88% 27.72% 29.56%
26.31% 30.43% 12.95% 67.94% 58.80% 23.83% 35.31% 47.00% 23.27%
30.62% 35.31% 34.03% 78.34% 60.90% 44.26% 39.52% 33.32% 33.24%
12.69% 16.70% -4.62% 73.50% 41.37% 5.69% 14.01% 30.40% 10.84%
0.8163 0.8223 1.0529 -0.3335 1.0447 1.0871 1.2769 0.9947 0.7451
21.94% 27.83% 26.05% 80.39% 56.82% 35.01% 28.42% 22.81% 27.11%
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Total Weight 1
Optimum Portfolio using Solver
KPCL LINDEBD PADMAOIEASTRNL PTL ZAHINTEXBXPHARMSQURPHAGLAXOSM
16.79% 20.90% 3.43% 58.41% 49.28% 14.31% 25.79% 37.47% 13.75%
25.46% 30.72% 30.92% 80.56% 59.17% 39.01% 34.88% 27.72% 29.56%
26.31% 30.43% 12.95% 67.94% 58.80% 23.83% 35.31% 47.00% 23.27%
30.62% 35.31% 34.03% 78.34% 60.90% 44.26% 39.52% 33.32% 33.24%
12.69% 16.70% -4.62% 73.50% 41.37% 5.69% 14.01% 30.40% 10.84%
0.8163 0.8223 1.0529 -0.3335 1.0447 1.0871 1.2769 0.9947 0.7451
21.94% 27.83% 26.05% 80.39% 56.82% 35.01% 28.42% 22.81% 27.11%
3.86% 4.35% 0.00% 4.54% 3.72% 0.00% 0.83% 15.34% 1.92%
Total Weight 1
orical Return
IBNSINA SONALIANSH GP FUWANGFOOD
OLYMPIC BATBC AMCL (PRAN)
DHAKABANK
36.30% 21.64% 15.80% 10.16% 1.84% 6.77% 47.05% -1.09%

-6.86% -2.47% -11.20% -5.74% -6.72% 1.13% 7.16% -8.67%
-7.75% -14.96% 1.37% -10.95% -0.58% 0.72% -32.24% 6.10%
6.29% 7.55% 5.83% 29.78% 69.34% 0.45% 0.24% 0.00%
-1.77% -5.25% -1.13% 0.39% -4.36% 1.46% 3.41% 0.00%
14.28% 3.97% 5.67% -0.78% 22.77% 20.33% 11.44% 12.78%
5.10% 3.90% 7.34% -9.88% 24.31% 19.19% 12.41% 7.05%
-1.66% 17.66% -0.09% -6.10% -8.15% 2.95% 2.42% 4.09%
13.30% -20.33% 25.77% -8.11% 16.54% 6.65% -5.89% 7.39%
-3.57% 1.18% -0.97% 2.78% -4.58% -4.24% 0.84% -2.91%
-0.18% -3.49% 12.77% 0.49% -2.88% -1.54% -3.15% 0.45%
-2.33% -5.71% 2.40% -2.69% 8.94% 5.06% -1.04% -8.96%
-3.31% -1.62% 5.27% 12.13% -8.29% 12.39% 0.32% -4.95%
3.71% 1.21% 17.98% 28.21% 10.88% 2.22% 2.82% 3.96%
5.86% 1.97% -1.94% -17.11% 6.45% -1.95% 0.00% 10.03%
-5.90% 18.30% -14.90% 19.89% 51.55% 0.11% -10.15% -7.00%
0.11% -20.95% 13.56% 10.24% 4.90% -3.50% -1.80% -0.55%
-6.37% -11.99% -9.01% 5.49% 2.90% 10.72% 2.24% 11.45%
13.38% 17.85% 6.59% -4.43% -3.42% 4.37% 5.09% -3.92%
-2.81% -5.25% 6.83% -14.20% -1.60% 4.81% -3.32% -11.21%
-8.48% -19.96% -9.63% -12.09% -5.13% -1.43% -13.75% 15.08%
10.02% 4.39% -0.06% 33.13% 4.22% -8.09% 8.94% 23.94%
-2.64% 7.85% 1.92% -9.53% 6.82% 6.47% -0.21% -6.40%
17.02% 19.28% 0.24% 2.30% 17.76% -0.82% 3.51% 8.03%
29.67% 9.20% -4.18% -3.18% -0.18% 1.56% 17.15% 3.75%
27.78% -2.05% -9.98% 0.45% 9.64% -3.74% -2.33% 3.55%
-4.65% 6.19% -12.80% -8.72% -5.29% -0.33% -14.72% -2.00%
-22.13% -4.12% 6.80% 7.57% 26.32% -1.11% -2.31% -1.98%
17.15% -3.58% -4.71% -9.39% 4.14% 1.39% 10.32% 1.55%
-3.88% -4.62% 1.46% 2.16% 0.92% 4.48% -3.09% -1.52%
-1.18% -0.35% 1.38% -3.41% 8.87% -9.25% -1.11% -8.27%
19.77% 7.65% -7.65% 11.18% 2.95% -6.68% -1.48% 2.27%
32.51% -1.13% 8.64% -15.72% 3.58% 5.05% 0.62% -17.58%
2.73% 6.37% 3.53% 2.33% 7.54% -2.02% 0.41% 23.65%
22.89% -5.60% -0.16% 1.40% 5.73% 2.86% 0.46% 1.35%
-4.52% 11.87% 8.52% -7.09% -1.74% -2.19% 5.72% -2.73%
10.13% 13.08% -4.52% 1.49% -10.99% -7.35% 7.59% 13.02%
-1.84% 4.24% 2.24% 6.78% 1.39% 2.96% -3.28% 6.11%
-4.40% 19.30% 1.26% -7.73% -1.37% 1.88% -7.15% -7.44%
-0.92% -2.57% 3.73% 20.03% 9.27% -1.08% 3.47% 7.39%
-8.32% -1.01% 0.25% 24.04% 4.16% -2.19% 1.91% 2.90%
39.50% 9.86% 6.16% -10.65% 0.32% 0.46% 5.49% 13.96%
-4.73% 4.02% 8.12% 4.92% -0.52% 0.38% -0.82% 4.43%
-8.61% 0.42% 7.48% 1.98% -6.41% -0.49% -3.55% 7.49%
1.37% 4.69% 1.66% -5.90% -3.62% 4.86% 0.24% -17.01%
-1.06% 8.21% -2.64% 3.51% -3.32% 9.53% 0.05% 4.50%
2.52% -6.71% 4.78% 6.64% 3.92% 1.38% 3.05% 10.00%
-0.76% 0.40% 10.19% 52.25% 3.12% 6.75% -0.74% -1.60%
6.38% 5.35% 2.66% -2.91% -4.70% -0.50% 1.40% 8.70%
-4.13% -13.19% 6.60% -14.47% -0.73% -0.42% -3.76% 3.50%
14.01% 4.98% 5.54% 9.47% -5.74% 3.61% -1.43% 3.86%
3.59% 14.15% 7.55% 16.99% 13.02% 6.42% 9.37% 13.02%
0.74% -10.49% -0.13% -6.91% 1.02% 3.08% -0.49% -9.47%
-0.49% -8.93% 6.71% -8.08% -1.25% 11.06% -3.92% -12.73%
0.00% 4.48% -0.43% 3.85% -8.89% -4.49% 0.98% -8.85%
0.45% -1.91% -3.49% -1.59% 6.01% -3.05% -0.51% -5.71%
11.42% 33.03% 1.65% -2.69% -4.00% -0.72% 5.04% 0.00%
-5.62% 7.70% -11.67% -7.73% -10.11% -0.46% -6.00% -2.50%
0.19% 14.58% -6.24% 10.78% -5.44% 1.83% 10.26% -0.70%
18.80% -13.43% 0.33% 14.59% -7.98% -5.20% 0.90% -9.15%
ortfolio
IBNSINA SONALIANSHGP FUWANGFOOOLYMPICBATBC AMCL (PRDHAKABA
51.22% 24.97% 23.81% 27.92% 46.63% 20.50% 12.81% 16.08%
42.09% 37.46% 26.32% 45.58% 46.79% 19.61% 32.44% 30.16%
60.74% 34.49% 33.33% 37.45% 56.16% 30.02% 22.33% 25.60%
43.92% 42.67% 31.84% 48.41% 51.39% 23.93% 36.45% 34.30%
47.68% 21.36% 17.54% 18.96% 39.01% 21.94% 7.82% 9.34%
0.7828 0.7868 0.9459 1.1078 1.0273 0.4846 0.8697 0.9747
40.23% 35.33% 21.65% 42.07% 43.88% 18.05% 29.38% 25.91%
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
using Solver
IBNSINA SONALIANSHGP FUWANGFOOOLYMPICBATBC AMCL (PRDHAKABA
51.22% 24.97% 23.81% 27.92% 46.63% 20.50% 12.81% 16.08%
42.09% 37.46% 26.32% 45.58% 46.79% 19.61% 32.44% 30.16%
60.74% 34.49% 33.33% 37.45% 56.16% 30.02% 22.33% 25.60%
43.92% 42.67% 31.84% 48.41% 51.39% 23.93% 36.45% 34.30%
47.68% 21.36% 17.54% 18.96% 39.01% 21.94% 7.82% 9.34%
0.7828 0.7868 0.9459 1.1078 1.0273 0.4846 0.8697 0.9747
40.23% 35.33% 21.65% 42.07% 43.88% 18.05% 29.38% 25.91%
9.50% 4.24% 6.91% 1.80% 5.79% 20.32% 0.00% 0.00%
BRACBANK
PARAMOUNTDHAKAINS Risk Free Rate DSEX Index
-6.44% 0.54% 0.00% 0.00% 4.90%

-1.09% 14.30% -0.24% 0.00% -4.76%
8.06% -4.42% -1.27% 0.00% 0.76%
2.59% 4.63% 5.36% 0.00% 7.12%
6.28% 0.47% -1.92% 0.00% 0.85%
6.40% 12.40% 13.85% 0.00% 11.41%
29.64% -9.59% -10.00% 0.00% 0.42%
0.42% -10.78% -9.90% 0.00% -2.54%
4.54% -5.37% -8.03% 0.00% 1.67%
-5.90% 11.41% -4.89% 0.00% -2.31%
10.04% -5.13% -7.62% 0.00% 1.13%
-0.78% -5.34% -4.99% 0.00% -0.51%
2.30% 2.23% 0.00% 0.00% 4.83%
20.58% -3.85% 10.17% 0.00% 14.62%
8.39% 4.53% -1.03% 0.00% 2.68%
4.30% -7.15% -6.22% 0.00% -7.81%
2.21% -0.54% -4.82% 0.00% 1.27%
6.19% -6.57% -6.59% 0.00% -1.81%
-2.28% -5.19% 0.84% 0.00% 1.10%
-4.16% -9.45% -16.03% 0.00% -4.61%
-3.78% -11.90% -20.14% 0.00% -9.74%
5.75% 37.41% 41.10% 0.00% 13.33%
12.62% -0.80% -9.23% 0.00% -0.08%
2.29% -3.66% -0.56% 0.00% 13.24%
-2.75% -3.99% -0.57% 0.00% 13.81%
5.37% 0.00% 1.14% 0.00% 4.25%
12.64% -5.60% -3.39% 0.00% -3.73%
3.65% -4.40% -1.17% 0.00% 15.49%
1.25% -0.86% 2.96% 0.00% -7.92%
-2.46% 19.98% 3.45% 0.00% -1.78%
-9.25% -2.25% 1.11% 0.00% 18.85%
3.70% -0.74% -3.85% 0.00% -15.02%
-7.38% -11.78% -17.71% 0.00% -8.23%
18.55% 20.99% 11.86% 0.00% 3.75%
14.22% -5.26% 0.00% 0.00% -1.41%
20.38% -1.92% -2.01% 0.00% -3.72%
-4.55% 11.42% 14.38% 0.00% 3.06%
-1.64% 2.59% 2.40% 0.00% 5.22%
0.00% 47.52% 1.17% 0.00% 1.53%
9.17% 25.99% 21.97% 0.00% 5.84%
-1.98% -14.33% 7.58% 0.00% 4.89%
5.62% 3.62% 7.93% 0.00% 10.33%
-1.05% 1.04% -1.22% 0.00% 9.58%
29.41% -2.48% 4.13% 0.00% 1.90%
22.29% 4.60% -12.70% 0.00% -4.27%
6.59% 7.42% -5.21% 0.00% -1.32%
3.99% 2.15% 4.10% 0.00% -4.21%
8.80% 0.00% 6.90% 0.00% 2.16%
-2.28% -6.84% 3.69% 0.00% 2.49%
0.12% 2.26% 8.00% 0.00% 1.01%
17.11% 7.73% -2.47% 0.00% -1.35%
9.15% -7.18% 1.27% 0.00% 4.77%
-1.28% 1.10% 2.50% 0.00% -4.42%
-10.70% -4.37% -8.13% 0.00% -5.35%
-5.37% 1.14% -8.85% 0.00% -3.89%
6.11% -10.17% 3.40% 0.00% -3.03%
12.78% 6.54% -2.82% 0.00% 5.80%
-15.05% -15.58% -0.74% 0.00% -3.09%
-4.43% 2.31% -4.17% 0.00% -8.50%
-7.72% -2.26% 0.00% 0.00% 4.76%
BRACBANPARAMOUDHAKAINS
48.24% 13.31% -1.44%
32.10% 39.31% 32.25%
57.76% 22.83% 8.08%
33.99% 42.57% 37.32%
47.02% 8.04% -13.02%
0.6435 0.8863 1.2646
30.44% 36.73% 25.29%
0.05 0.05 0.05
BRACBANPARAMOUDHAKAINS
48.24% 13.31% -1.44%
32.10% 39.31% 32.25%
57.76% 22.83% 8.08%
33.99% 42.57% 37.32%
47.02% 8.04% -13.02%
0.6435 0.8863 1.2646
30.44% 36.73% 25.29%
16.88% 0.00% 0.00%
KPCL LINDEBD PADMAOIL EASTRNLUB PTL
-2.51% 20.61% 3.47% 7.82% 0.16%

-9.80% -10.84% -14.07% 21.33% -0.16%
2.17% -6.49% -13.21% -15.77% 0.00%
7.08% -0.12% 12.43% -2.45% 100.87%
-1.99% 1.24% 0.79% 0.14% 15.60%
23.42% 12.20% 30.24% 13.43% 0.76%
-5.61% 26.82% 0.07% 25.38% -10.05%
-4.84% 6.81% 7.63% 31.96% -2.48%
0.38% 26.51% 1.08% -1.39% -23.11%
7.50% -19.46% -5.21% -6.62% 9.82%
-5.14% -2.51% -1.35% -12.96% -7.61%
1.55% 0.36% 3.98% -9.60% -1.02%
10.03% -2.73% -1.18% 0.90% 15.44%
3.08% 6.32% 9.77% 6.41% -8.99%
30.21% 5.01% -1.61% 3.92% -3.47%
-16.15% -0.33% -20.75% -7.64% -2.32%
3.85% 1.04% -1.96% 3.91% -3.26%
0.39% -0.94% -6.86% -7.17% -9.76%
0.81% 4.72% 7.75% 1.86% -4.58%
13.98% 1.01% 0.12% 0.49% -14.50%
-4.33% -9.58% -17.99% -6.34% -9.22%
11.11% 1.17% 24.52% -6.92% 20.63%
10.73% 15.97% -2.63% 11.97% -1.63%
17.24% 34.86% 11.95% 5.72% 15.95%
6.41% 6.21% 12.36% 18.89% 9.06%
6.15% 20.17% 2.38% 1.26% 2.50%
2.20% -6.84% -6.18% -2.24% 6.04%
13.91% 16.16% 2.71% 7.62% 12.91%
-6.24% -14.07% -10.67% -13.71% -17.63%
0.27% -0.03% -7.74% 136.92% 2.20%
19.22% 18.32% 16.66% -2.52% 22.14%
-16.14% -13.86% -7.47% 51.25% -10.99%
-6.48% 8.12% 7.30% 44.26% -8.97%
-6.30% 12.96% -6.48% -7.89% 7.81%
-6.10% 1.16% -1.65% -12.43% 7.64%
-7.04% -4.05% -4.65% -1.95% -14.06%
0.97% -0.53% 2.65% 4.10% 6.06%
4.57% 3.80% 4.32% -2.22% 14.67%
4.51% -3.53% 2.51% -2.14% 7.38%
9.02% 3.73% 3.37% -17.83% 16.38%
2.12% -3.86% -0.06% 36.79% 7.43%
5.26% -0.01% 28.99% -8.74% 15.14%
6.79% 7.70% 18.19% 15.67% 16.55%
-1.39% -2.54% -0.71% -2.65% -0.39%
-5.02% 0.55% -1.93% -10.98% 9.19%
-3.31% 7.09% -2.29% -4.25% 19.78%
-7.69% -11.46% -3.45% -7.33% 5.47%
2.09% 0.03% -4.51% 3.78% -8.13%
2.45% -4.22% 1.33% -5.05% 3.15%
0.37% -2.36% -3.33% -10.75% 0.39%
5.23% -0.21% -1.37% 24.38% -6.20%
-0.07% 5.13% -1.58% -10.08% 52.94%
-6.89% -3.02% 1.89% -3.70% -0.43%
-5.32% -2.52% -1.82% 2.48% 3.85%
0.88% -3.97% -3.71% -1.19% -5.81%
-4.54% 3.13% -5.96% -2.77% -4.02%
2.90% 6.68% 12.58% 33.39% 11.64%
19.54% 2.28% 3.29% 6.28% -2.16%
-1.49% -8.95% -11.78% 11.01% 15.00%
7.55% 3.28% 4.58% 13.65% 20.41%
Excess Return
ZAHINTEX BXPHARMA SQURPHARMA
-0.79% 4.28% 38.22%

0.80% -7.23% 2.20%
-9.27% -2.47% 3.45%
30.22% 10.36% 7.94%
0.74% -1.26% -1.60%
1.47% 14.84% 20.08%
-12.12% -8.35% 16.82%
0.82% 4.49% 3.38%
-13.35% -12.55% 5.51%
0.68% 1.72% -3.48%
-0.56% 6.37% 4.52%
0.19% 3.81% -8.85%
9.47% 31.91% 25.20%
-1.97% 28.58% 14.26%
-7.01% -5.71% 7.68%
2.17% -6.57% -9.62%
1.12% -4.67% 1.89%
-9.84% -2.98% -0.54%
-5.15% 2.23% 4.02%
-6.96% -1.64% 0.01%
0.92% -19.50% -5.58%
13.98% 43.31% 0.24%
9.60% 9.22% 6.33%
19.14% 19.66% 12.68%
38.46% 8.71% 20.03%
2.09% 11.17% 13.45%
17.64% 1.91% -0.36%
15.19% 23.12% 19.69%
1.32% 0.25% -9.14%
0.61% 2.87% 2.18%
16.39% 20.52% 21.27%
-14.36% -15.25% -16.46%
-30.79% -8.21% -3.44%
41.68% 12.66% 1.14%
-14.49% -2.31% -1.33%
1.88% -0.28% -3.59%
-5.49% -1.47% 1.23%
2.05% 1.86% 3.90%
-8.64% -3.38% 3.43%
18.53% 8.03% 13.70%
12.73% -1.94% 1.72%
14.10% 9.66% 6.08%
14.57% 12.79% 10.14%
0.93% 19.61% 3.62%
-11.48% 0.54% 2.09%
-4.49% -2.52% -0.60%
-6.77% -4.45% -6.02%
1.07% -2.61% -3.97%
-4.49% -2.95% 1.17%
-5.59% -1.91% 6.52%
-4.55% -8.94% -2.95%
17.51% 7.88% 18.43%
-5.20% -3.52% -3.43%
-9.90% 0.43% 5.95%
-2.61% -1.13% -3.90%
-3.49% -1.74% -0.51%
-1.63% 5.89% 2.27%
-5.03% -3.03% -4.25%
-2.39% -14.13% -5.79%
19.45% 0.60% -2.03%
Return
OLYMPIC
25.81% 36.46% 21.80% 15.96% 10.33% 2.00%

-8.83% -7.02% -2.63% -11.37% -5.91% -6.88%
-0.49% -7.75% -14.96% 1.37% -10.95% -0.58%
2.60% 6.78% 8.04% 6.32% 30.28% 69.83%
-1.96% -1.77% -5.25% -1.13% 0.39% -4.36%
8.00% 14.28% 3.97% 5.67% -0.78% 22.77%
16.37% 5.60% 4.39% 7.84% -9.38% 24.80%
14.39% 1.23% 20.55% 2.80% -3.20% -5.26%
36.15% 13.30% -20.33% 25.77% -8.11% 16.54%
-6.47% -2.89% 1.86% -0.29% 3.46% -3.90%
-6.14% -0.18% -3.49% 12.77% 0.49% -2.88%
-1.21% -1.65% -5.02% 3.08% -2.00% 9.62%
-2.52% -1.23% 0.45% 7.34% 14.20% -6.22%
2.25% 6.79% 4.30% 21.06% 31.29% 13.96%
3.70% 6.59% 2.70% -1.21% -16.39% 7.17%
-2.33% -5.90% 18.30% -14.90% 19.89% 51.55%
3.78% -0.63% -21.68% 12.82% 9.51% 4.16%
-0.88% -5.28% -10.90% -7.92% 6.58% 4.00%
21.06% 13.66% 18.13% 6.87% -4.16% -3.14%
6.42% -2.54% -4.98% 7.11% -13.93% -1.32%
-12.87% -7.55% -19.04% -8.71% -11.17% -4.21%
8.83% 10.02% 4.39% -0.06% 33.13% 4.22%
16.28% -2.64% 7.85% 1.92% -9.53% 6.82%
12.48% 25.69% 27.96% 8.92% 10.97% 26.44%
15.93% 43.97% 23.50% 10.12% 11.12% 14.12%
2.03% 30.28% 0.46% -7.47% 2.95% 12.14%
-8.71% -2.45% 8.39% -10.60% -6.52% -3.09%
12.68% -7.01% 11.00% 21.92% 22.69% 41.45%
-11.77% 8.17% -12.57% -13.69% -18.38% -4.85%
0.22% -3.75% -4.49% 1.60% 2.29% 1.06%
19.56% 18.31% 19.14% 20.86% 16.08% 28.36%
-8.77% 8.17% -3.95% -19.25% -0.42% -8.65%
-9.36% 27.99% -5.65% 4.12% -20.24% -0.94%
0.89% 1.14% 4.78% 1.95% 0.75% 5.96%
-5.11% 19.48% -9.01% -3.56% -2.00% 2.32%
-11.82% -8.63% 7.75% 4.40% -11.20% -5.85%
1.53% 13.17% 16.11% -1.49% 4.52% -7.96%
3.66% -0.35% 5.74% 3.73% 8.28% 2.89%
3.21% -0.68% 23.02% 4.98% -4.00% 2.35%
-0.13% 0.37% -1.28% 5.02% 21.32% 10.56%
-2.39% -8.32% -1.01% 0.25% 24.04% 4.16%
3.54% 41.24% 11.60% 7.90% -8.91% 2.07%
7.35% 2.21% 10.96% 15.06% 11.87% 6.42%
0.20% -8.61% 0.42% 7.48% 1.98% -6.41%
-2.38% 1.37% 4.69% 1.66% -5.90% -3.62%
-1.11% -1.06% 8.21% -2.64% 3.51% -3.32%
-7.44% -6.37% -15.60% -4.11% -2.25% -4.97%
-2.98% -2.22% -1.06% 8.73% 50.79% 1.67%
-1.28% 6.38% 5.35% 2.66% -2.91% -4.70%
0.45% -4.56% -13.62% 6.17% -14.90% -1.16%
1.05% 13.87% 4.84% 5.40% 9.33% -5.88%
5.44% 3.59% 14.15% 7.55% 16.99% 13.02%
-3.75% -2.69% -13.92% -3.56% -10.34% -2.41%
2.07% -2.56% -11.00% 4.64% -10.15% -3.32%
-2.74% 0.00% 4.48% -0.43% 3.85% -8.89%
-3.19% 0.99% -1.36% -2.95% -1.05% 6.56%
2.93% 14.69% 36.29% 4.91% 0.58% -0.73%
0.74% -1.82% 11.50% -7.87% -3.94% -6.32%
-6.51% -9.45% 4.93% -15.89% 1.13% -15.09%
-12.11% 25.47% -6.77% 7.00% 21.26% -1.31%
BATBC AMCL (PRAN)
DHAKABANK
BRACBANK
PARAMOUNT DHAKAINS
6.93% 47.21% -0.92% -6.27% 0.70% 0.16%

0.96% 7.00% -8.83% -1.26% 14.14% -0.41%
0.72% -32.24% 6.10% 8.06% -4.42% -1.27%
0.94% 0.73% 0.49% 3.08% 5.12% 5.85%
1.46% 3.41% 0.00% 6.28% 0.47% -1.92%
20.33% 11.44% 12.78% 6.40% 12.40% 13.85%
19.68% 12.90% 7.54% 30.14% -9.09% -9.51%
5.84% 5.31% 6.98% 3.31% -7.88% -7.01%
6.65% -5.89% 7.39% 4.54% -5.37% -8.03%
-3.56% 1.52% -2.23% -5.22% 12.09% -4.21%
-1.54% -3.15% 0.45% 10.04% -5.13% -7.62%
5.75% -0.35% -8.27% -0.09% -4.66% -4.30%
14.46% 2.39% -2.88% 4.37% 4.30% 2.07%
5.31% 5.90% 7.05% 23.67% -0.77% 13.26%
-1.23% 0.73% 10.76% 9.11% 5.26% -0.30%
0.11% -10.15% -7.00% 4.30% -7.15% -6.22%
-4.23% -2.54% -1.28% 1.48% -1.28% -5.55%
11.81% 3.33% 12.54% 7.28% -5.48% -5.50%
4.65% 5.36% -3.65% -2.00% -4.92% 1.12%
5.09% -3.05% -10.94% -3.89% -9.18% -15.75%
-0.50% -12.82% 16.00% -2.85% -10.98% -19.21%
-8.09% 8.94% 23.94% 5.75% 37.41% 41.10%
6.47% -0.21% -6.40% 12.62% -0.80% -9.23%
7.86% 12.18% 16.70% 10.97% 5.01% 8.11%
15.86% 31.45% 18.05% 11.55% 10.31% 13.73%
-1.24% 0.17% 6.06% 7.87% 2.50% 3.65%
1.88% -12.52% 0.20% 14.84% -3.40% -1.19%
14.01% 12.81% 13.14% 18.77% 10.72% 13.96%
-7.59% 1.33% -7.44% -7.74% -9.84% -6.03%
4.62% -2.95% -1.39% -2.33% 20.11% 3.58%
10.23% 18.37% 11.21% 10.24% 17.24% 20.60%
-18.28% -13.08% -9.33% -7.89% -12.33% -15.44%
0.53% -3.90% -22.09% -11.90% -16.30% -22.23%
-3.60% -1.17% 22.07% 16.97% 19.40% 10.28%
-0.54% -2.94% -2.06% 10.82% -8.66% -3.40%
-6.31% 1.61% -6.84% 16.26% -6.03% -6.13%
-4.32% 10.62% 16.05% -1.52% 14.45% 17.41%
4.45% -1.78% 7.61% -0.14% 4.08% 3.89%
5.61% -3.43% -3.71% 3.72% 51.25% 4.89%
0.21% 4.76% 8.68% 10.46% 27.28% 23.25%
-2.19% 1.91% 2.90% -1.98% -14.33% 7.58%
2.20% 7.23% 15.70% 7.36% 5.36% 9.67%
7.32% 6.12% 11.37% 5.90% 7.98% 5.72%
-0.49% -3.55% 7.49% 29.41% -2.48% 4.13%
4.86% 0.24% -17.01% 22.29% 4.60% -12.70%
9.53% 0.05% 4.50% 6.59% 7.42% -5.21%
-7.51% -5.84% 1.11% -4.89% -6.74% -4.79%
5.29% -2.20% -3.06% 7.34% -1.46% 5.44%
-0.50% 1.40% 8.70% -2.28% -6.84% 3.69%
-0.85% -4.19% 3.07% -0.31% 1.83% 7.57%
3.47% -1.57% 3.72% 16.97% 7.59% -2.61%
6.42% 9.37% 13.02% 9.15% -7.18% 1.27%
-0.35% -3.92% -12.89% -4.70% -2.32% -0.93%
8.99% -5.99% -14.80% -12.77% -6.44% -10.20%
-4.49% 0.98% -8.85% -5.37% 1.14% -8.85%
-2.50% 0.03% -5.17% 6.65% -9.63% 3.94%
2.54% 8.30% 3.27% 16.05% 9.81% 0.45%
3.34% -2.20% 1.30% -11.25% -11.79% 3.06%
-7.82% 0.61% -10.35% -14.08% -7.34% -13.82%
1.47% 7.57% -2.49% -1.06% 4.41% 6.67%
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 5.47% Rp 3.64%
RF 0.58% RF 0.58%
sp 5.46% sp 4.95%
Ratio 0.8955 Ratio 0.6172
2. Treynor Ratio 2. Treynor Ratio

Rp 5.47% Rp 3.64%
RF 0.58% RF 0.58%
bp 0.8640 bp 0.8640
3. Jensen Alpha 3. Jensen Alpha

Rp 5.47% Rp 3.64%
RF 0.58% RF 0.58%
bp 0.8640 bp 0.8640
Rm 0.60% Rm 0.60%
4. Information Ratio 4. Information Ratio

Active Return 1.59% Active Return 1.59%
Active Risk 3.01% Active Risk 3.01%
Single Index Model Using Base Case Single Index Model Using Solver
1. Sharpe Ratio 1. Sharpe Ratio

Rp 28.46% Rp 39.84%
RF 7.00% RF 7.00%
sp 10.25% sp 11.21%
2. Treynor Ratio 2. Treynor Ratio

Rp 28.46% Rp 39.84%
RF 7.00% RF 7.00%
bp 0.8640 bp 0.7281
3. Jensen Alpha 3. Jensen Alpha

Rp 28.46% Rp 39.84%
RF 7.00% RF 7.00%
bp 0.8640 bp 0.7281
Rm 7.17% Rm 7.17%
4. Information Ratio 4. Information Ratio

Active Return 1.59% Active Return 1.59%
Active Risk 3.01% Active Risk 3.01%
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 IndexKPCL LINDEBD PADMAOIL EASTRNL
4.74% -2.67% 20.45% 3.30% 7.66%
-4.60% -9.63% -10.67% -13.90% 21.49%
0.76% 2.17% -6.49% -13.21% -15.77%
6.63% 6.59% -0.61% 11.94% -2.94%
0.85% -1.99% 1.24% 0.79% 0.14%
11.41% 23.42% 12.20% 30.24% 13.43%
-0.07% -6.10% 26.33% -0.43% 24.89%
-5.43% -7.73% 3.92% 4.74% 29.06%
1.67% 0.38% 26.51% 1.08% -1.39%
-2.99% 6.82% -20.14% -5.89% -7.31%
1.13% -5.14% -2.51% -1.35% -12.96%
-1.19% 0.87% -0.33% 3.30% -10.28%
2.76% 7.96% -4.80% -3.25% -1.17%
11.54% 0.00% 3.24% 6.69% 3.33%
1.95% 29.48% 4.28% -2.33% 3.20%
-7.81% -16.15% -0.33% -20.75% -7.64%
2.00% 4.59% 1.77% -1.23% 4.65%
-2.90% -0.70% -2.03% -7.95% -8.27%
0.83% 0.53% 4.44% 7.47% 1.59%
-4.89% 13.71% 0.73% -0.16% 0.21%
-10.67% -5.26% -10.51% -18.91% -7.27%
13.33% 11.11% 1.17% 24.52% -6.92%
-0.08% 10.73% 15.97% -2.63% 11.97%
4.56% 8.57% 26.18% 3.27% -2.95%
-0.49% -7.89% -8.09% -1.94% 4.59%
1.75% 3.65% 17.67% -0.12% -1.24%
-5.93% 0.00% -9.04% -8.38% -4.45%
0.36% -1.22% 1.04% -12.41% -7.51%
1.06% 2.74% -5.09% -1.68% -4.73%
-1.92% 0.13% -0.17% -7.87% 136.78%
-0.64% -0.27% -1.16% -2.83% -22.00%
-3.42% -4.55% -2.26% 4.12% 62.85%
-3.71% -1.96% 12.64% 11.82% 48.78%
5.33% -4.71% 14.54% -4.90% -6.30%
2.00% -2.70% 4.56% 1.75% -9.02%
0.39% -2.93% 0.07% -0.54% 2.16%
0.03% -2.06% -3.56% -0.38% 1.07%
3.72% 3.08% 2.31% 2.82% -3.71%
-2.19% 0.79% -7.25% -1.22% -5.86%
4.55% 7.73% 2.44% 2.09% -19.12%
4.89% 2.12% -3.86% -0.06% 36.79%
8.58% 3.52% -1.75% 27.25% -10.48%
2.64% -0.15% 0.75% 11.25% 8.73%
1.90% -1.39% -2.54% -0.71% -2.65%
-4.27% -5.02% 0.55% -1.93% -10.98%
-1.32% -3.31% 7.09% -2.29% -4.25%
4.68% 1.20% -2.57% 5.44% 1.56%
3.62% 3.55% 1.49% -3.05% 5.23%
2.49% 2.45% -4.22% 1.33% -5.05%
1.44% 0.80% -1.92% -2.90% -10.31%
-1.20% 5.37% -0.07% -1.23% 24.52%
4.77% -0.07% 5.13% -1.58% -10.08%
-0.99% -3.47% 0.41% 5.32% -0.27%
-3.28% -3.25% -0.45% 0.25% 4.56%
-3.89% 0.88% -3.97% -3.71% -1.19%
-3.57% -5.08% 2.59% -6.50% -3.31%
2.53% -0.37% 3.42% 9.32% 30.12%
-6.89% 15.74% -1.52% -0.51% 2.48%
1.15% 8.16% 0.70% -2.13% 20.66%
-1.90% 0.89% -3.39% -2.09% 6.98%
5 6 7 8 9 10 11 12
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
PTL ZAHINTEX BXPHARMSQURPHARMGLAXOSMITH IBNSINA SONALIA GP
0.00% -0.95% 4.12% 38.06% 25.65% 36.30% 21.64% 15.80%
0.00% 0.96% -7.07% 2.36% -8.66% -6.86% -2.47% -11.20%
0.00% -9.27% -2.47% 3.45% -0.49% -7.75% -14.96% 1.37%
100.38% 29.73% 9.87% 7.45% 2.11% 6.29% 7.55% 5.83%
15.60% 0.74% -1.26% -1.60% -1.96% -1.77% -5.25% -1.13%
0.76% 1.47% 14.84% 20.08% 8.00% 14.28% 3.97% 5.67%
-10.55% -12.62% -8.84% 16.33% 15.88% 5.10% 3.90% 7.34%
-5.37% -2.07% 1.59% 0.49% 11.50% -1.66% 17.66% -0.09%
-23.11% -13.35% -12.55% 5.51% 36.15% 13.30% -20.33% 25.77%
9.14% 0.00% 1.04% -4.16% -7.15% -3.57% 1.18% -0.97%
-7.61% -0.56% 6.37% 4.52% -6.14% -0.18% -3.49% 12.77%
-1.70% -0.49% 3.13% -9.54% -1.90% -2.33% -5.71% 2.40%
13.37% 7.40% 29.84% 23.13% -4.59% -3.31% -1.62% 5.27%
-12.08% -5.05% 25.49% 11.17% -0.83% 3.71% 1.21% 17.98%
-4.20% -7.74% -6.44% 6.95% 2.97% 5.86% 1.97% -1.94%
-2.32% 2.17% -6.57% -9.62% -2.33% -5.90% 18.30% -14.90%
-2.53% 1.85% -3.93% 2.62% 4.51% 0.11% -20.95% 13.56%
-10.85% -10.93% -4.08% -1.63% -1.97% -6.37% -11.99% -9.01%
-4.86% -5.42% 1.96% 3.74% 20.78% 13.38% 17.85% 6.59%
-14.77% -7.24% -1.92% -0.26% 6.15% -2.81% -5.25% 6.83%
-10.15% 0.00% -20.42% -6.50% -13.79% -8.48% -19.96% -9.63%
20.63% 13.98% 43.31% 0.24% 8.83% 10.02% 4.39% -0.06%
-1.63% 9.60% 9.22% 6.33% 16.28% -2.64% 7.85% 1.92%
7.27% 10.46% 10.98% 4.00% 3.81% 17.02% 19.28% 0.24%
-5.24% 24.16% -5.59% 5.73% 1.63% 29.67% 9.20% -4.18%
0.00% -0.41% 8.66% 10.94% -0.48% 27.78% -2.05% -9.98%
3.84% 15.44% -0.29% -2.57% -10.91% -4.65% 6.19% -12.80%
-2.21% 0.07% 8.00% 4.56% -2.44% -22.13% -4.12% 6.80%
-8.65% 10.31% 9.23% -0.15% -2.79% 17.15% -3.58% -4.71%
2.07% 0.48% 2.73% 2.05% 0.09% -3.88% -4.62% 1.46%
2.65% -3.10% 1.03% 1.78% 0.08% -1.18% -0.35% 1.38%
0.61% -2.77% -3.66% -4.86% 2.82% 19.77% 7.65% -7.65%
-4.45% -26.27% -3.70% 1.08% -4.84% 32.51% -1.13% 8.64%
9.40% 43.27% 14.25% 2.73% 2.48% 2.73% 6.37% 3.53%
11.05% -11.09% 1.09% 2.08% -1.70% 22.89% -5.60% -0.16%
-9.95% 6.00% 3.83% 0.53% -7.71% -4.52% 11.87% 8.52%
3.03% -8.52% -4.50% -1.80% -1.50% 10.13% 13.08% -4.52%
13.17% 0.55% 0.36% 2.40% 2.16% -1.84% 4.24% 2.24%
3.65% -12.36% -7.10% -0.29% -0.52% -4.40% 19.30% 1.26%
15.09% 17.24% 6.74% 12.41% -1.42% -0.92% -2.57% 3.73%
7.43% 12.73% -1.94% 1.72% -2.39% -8.32% -1.01% 0.25%
13.40% 12.36% 7.92% 4.34% 1.79% 39.50% 9.86% 6.16%
9.61% 7.63% 5.85% 3.19% 0.40% -4.73% 4.02% 8.12%
-0.39% 0.93% 19.61% 3.62% 0.20% -8.61% 0.42% 7.48%
9.19% -11.48% 0.54% 2.09% -2.38% 1.37% 4.69% 1.66%
19.78% -4.49% -2.52% -0.60% -1.11% -1.06% 8.21% -2.64%
14.36% 2.12% 4.44% 2.87% 1.45% 2.52% -6.71% 4.78%
-6.68% 2.53% -1.15% -2.52% -1.52% -0.76% 0.40% 10.19%
3.15% -4.49% -2.95% 1.17% -1.28% 6.38% 5.35% 2.66%
0.82% -5.16% -1.48% 6.95% 0.88% -4.13% -13.19% 6.60%
-6.06% -4.41% -8.80% -2.81% 1.19% 14.01% 4.98% 5.54%
52.94% 17.51% 7.88% 18.43% 5.44% 3.59% 14.15% 7.55%
3.00% -1.78% -0.10% 0.00% -0.32% 0.74% -10.49% -0.13%
5.92% -7.83% 2.50% 8.02% 4.14% -0.49% -8.93% 6.71%
-5.81% -2.61% -1.13% -3.90% -2.74% 0.00% 4.48% -0.43%
-4.57% -4.03% -2.28% -1.05% -3.73% 0.45% -1.91% -3.49%
8.37% -4.90% 2.63% -1.00% -0.33% 11.42% 33.03% 1.65%
-5.96% -8.82% -6.82% -8.05% -3.05% -5.62% 7.70% -11.67%
24.65% 7.26% -4.48% 3.86% 3.14% 0.19% 14.58% -6.24%
13.75% 12.78% -6.07% -8.70% -18.77% 18.80% -13.43% 0.33%
13 14 15 16 17 18 19 20
0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
FUWANGFOLYMPIC BATBC AMCL (PRDHAKABABRACBANPARAMOUDHAKAINS
10.16% 1.84% 6.77% 47.05% -1.09% -6.44% 0.54% 0.00%
-5.74% -6.72% 1.13% 7.16% -8.67% -1.09% 14.30% -0.24%
-10.95% -0.58% 0.72% -32.24% 6.10% 8.06% -4.42% -1.27%
29.78% 69.34% 0.45% 0.24% 0.00% 2.59% 4.63% 5.36%
0.39% -4.36% 1.46% 3.41% 0.00% 6.28% 0.47% -1.92%
-0.78% 22.77% 20.33% 11.44% 12.78% 6.40% 12.40% 13.85%
-9.88% 24.31% 19.19% 12.41% 7.05% 29.64% -9.59% -10.00%
-6.10% -8.15% 2.95% 2.42% 4.09% 0.42% -10.78% -9.90%
-8.11% 16.54% 6.65% -5.89% 7.39% 4.54% -5.37% -8.03%
2.78% -4.58% -4.24% 0.84% -2.91% -5.90% 11.41% -4.89%
0.49% -2.88% -1.54% -3.15% 0.45% 10.04% -5.13% -7.62%
-2.69% 8.94% 5.06% -1.04% -8.96% -0.78% -5.34% -4.99%
12.13% -8.29% 12.39% 0.32% -4.95% 2.30% 2.23% 0.00%
28.21% 10.88% 2.22% 2.82% 3.96% 20.58% -3.85% 10.17%
-17.11% 6.45% -1.95% 0.00% 10.03% 8.39% 4.53% -1.03%
19.89% 51.55% 0.11% -10.15% -7.00% 4.30% -7.15% -6.22%
10.24% 4.90% -3.50% -1.80% -0.55% 2.21% -0.54% -4.82%
5.49% 2.90% 10.72% 2.24% 11.45% 6.19% -6.57% -6.59%
-4.43% -3.42% 4.37% 5.09% -3.92% -2.28% -5.19% 0.84%
-14.20% -1.60% 4.81% -3.32% -11.21% -4.16% -9.45% -16.03%
-12.09% -5.13% -1.43% -13.75% 15.08% -3.78% -11.90% -20.14%
33.13% 4.22% -8.09% 8.94% 23.94% 5.75% 37.41% 41.10%
-9.53% 6.82% 6.47% -0.21% -6.40% 12.62% -0.80% -9.23%
2.30% 17.76% -0.82% 3.51% 8.03% 2.29% -3.66% -0.56%
-3.18% -0.18% 1.56% 17.15% 3.75% -2.75% -3.99% -0.57%
0.45% 9.64% -3.74% -2.33% 3.55% 5.37% 0.00% 1.14%
-8.72% -5.29% -0.33% -14.72% -2.00% 12.64% -5.60% -3.39%
7.57% 26.32% -1.11% -2.31% -1.98% 3.65% -4.40% -1.17%
-9.39% 4.14% 1.39% 10.32% 1.55% 1.25% -0.86% 2.96%
2.16% 0.92% 4.48% -3.09% -1.52% -2.46% 19.98% 3.45%
-3.41% 8.87% -9.25% -1.11% -8.27% -9.25% -2.25% 1.11%
11.18% 2.95% -6.68% -1.48% 2.27% 3.70% -0.74% -3.85%
-15.72% 3.58% 5.05% 0.62% -17.58% -7.38% -11.78% -17.71%
2.33% 7.54% -2.02% 0.41% 23.65% 18.55% 20.99% 11.86%
1.40% 5.73% 2.86% 0.46% 1.35% 14.22% -5.26% 0.00%
-7.09% -1.74% -2.19% 5.72% -2.73% 20.38% -1.92% -2.01%
1.49% -10.99% -7.35% 7.59% 13.02% -4.55% 11.42% 14.38%
6.78% 1.39% 2.96% -3.28% 6.11% -1.64% 2.59% 2.40%
-7.73% -1.37% 1.88% -7.15% -7.44% 0.00% 47.52% 1.17%
20.03% 9.27% -1.08% 3.47% 7.39% 9.17% 25.99% 21.97%
24.04% 4.16% -2.19% 1.91% 2.90% -1.98% -14.33% 7.58%
-10.65% 0.32% 0.46% 5.49% 13.96% 5.62% 3.62% 7.93%
4.92% -0.52% 0.38% -0.82% 4.43% -1.05% 1.04% -1.22%
1.98% -6.41% -0.49% -3.55% 7.49% 29.41% -2.48% 4.13%
-5.90% -3.62% 4.86% 0.24% -17.01% 22.29% 4.60% -12.70%
3.51% -3.32% 9.53% 0.05% 4.50% 6.59% 7.42% -5.21%
6.64% 3.92% 1.38% 3.05% 10.00% 3.99% 2.15% 4.10%
52.25% 3.12% 6.75% -0.74% -1.60% 8.80% 0.00% 6.90%
-2.91% -4.70% -0.50% 1.40% 8.70% -2.28% -6.84% 3.69%
-14.47% -0.73% -0.42% -3.76% 3.50% 0.12% 2.26% 8.00%
9.47% -5.74% 3.61% -1.43% 3.86% 17.11% 7.73% -2.47%
16.99% 13.02% 6.42% 9.37% 13.02% 9.15% -7.18% 1.27%
-6.91% 1.02% 3.08% -0.49% -9.47% -1.28% 1.10% 2.50%
-8.08% -1.25% 11.06% -3.92% -12.73% -10.70% -4.37% -8.13%
3.85% -8.89% -4.49% 0.98% -8.85% -5.37% 1.14% -8.85%
-1.59% 6.01% -3.05% -0.51% -5.71% 6.11% -10.17% 3.40%
-2.69% -4.00% -0.72% 5.04% 0.00% 12.78% 6.54% -2.82%
-7.73% -10.11% -0.46% -6.00% -2.50% -15.05% -15.58% -0.74%
10.78% -5.44% 1.83% 10.26% -0.70% -4.43% 2.31% -4.17%
14.59% -7.98% -5.20% 0.90% -9.15% -7.72% -2.26% 0.00%
Portfolio Return (Rp) Difference
11.41% 6.67%
-2.28% 2.32%
-4.90% -5.66%
14.83% 8.20%
0.46% -0.38%
12.38% 0.97%
6.22% 6.29%
1.35% 6.78%
2.29% 0.62%
-1.93% 1.06%
-1.28% -2.41%
-1.62% -0.43%
4.22% 1.45%
6.49% -5.04%
2.07% 0.12%
-1.04% 6.77%
0.56% -1.45%
-2.50% 0.40%
2.96% 2.13%
-3.00% 1.89%
-9.20% 1.46%
13.88% 0.55%
4.14% 4.22%
6.85% 2.28%
2.69% 3.19%
3.43% 1.68%
-2.75% 3.18%
-0.25% -0.61%
0.97% -0.09%
7.66% 9.58%
-2.38% -1.74%
3.97% 7.39%
0.61% 4.32%
8.33% 3.00%
1.70% -0.30%
0.79% 0.39%
1.27% 1.25%
2.25% -1.47%
0.64% 2.84%
6.98% 2.43%
3.28% -1.61%
7.03% -1.55%
3.09% 0.45%
2.30% 0.40%
-0.95% 3.32%
1.79% 3.12%
3.33% -1.35%
4.16% 0.54%
0.05% -2.43%
-1.43% -2.87%
3.22% 4.42%
9.15% 4.37%
-0.88% 0.11%
-1.35% 1.93%
-2.53% 1.36%
-1.92% 1.65%
5.37% 2.84%
-4.21% 2.67%
4.04% 2.89%
-0.79% 1.12%
Active Return 1.59%
Active Risk 3.01%

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 82.09% 820,902.03
Fuel and Power

KPCL 32.09% 57,467.06 5.75%
LINDEBD -29.62% (53,040.12) -5.30%
PADMAOIL -65.12% (116,622.60) -11.66%
EASTRNLUB 7.24% 12,960.47 1.30%
Total -9.92% (99,235.18)
Textile
PTL 10.83% 19,398.76 1.94%
ZAHINTEX -11.87% (21,266.65) -2.13%
Total -0.19% (1,867.89)
Pharmaceuticals & Chemicals
BXPHARMA 24.54% 43,946.89 4.39%
SQURPHARMA -1.93% (3,457.94) -0.35%
GLAXOSMITH -3.02% (5,410.21) -0.54%
IBNSINA 45.68% 81,803.80 8.18%
Total 11.69% 116,882.55
Jute
SONALIANSH 12.07% 21,610.54 2.16%
Total 2.16% 21,610.54
Telecommunication
GP 32.18% 57,638.16 5.76%
Total 5.76% 57,638.16
Food & Allied

FUWANGFOOD 0.32% 578.81 0.06%
OLYMPIC 10.04% 17,986.45 1.80%
BATBC 23.00% 41,193.91 4.12%
AMCL (PRAN) -10.71% (19,181.35) -1.92%
Total 4.06% 40,577.81
Bank
DHAKABANK 13.87% 24,841.58 2.48%
BRACBANK 22.20% 39,764.47 3.98%
Total 6.46% 64,606.04
Insurance
PARAMOUNT 2.53% 4,533.62 0.45%
DHAKAINS -14.32% (25,647.68) -2.56%
Total -2.11% (21,114.06)
Grand Total 179,097.97
ing and Borrowing Allowed
Return (%) Return in Tk. Portfolio Reurn Sector
Banks
Financial Institutions
Insurance
1.40% 803.99 Food & Allied Product
1.74% (923.98) Pharmaceuticals & Chemicals
0.29% (333.41) Textile
4.87% 630.90 Engineering
177.50 -0.18% Ceramic
Tannery
4.11% 796.62 Paper & Printing
1.19% (253.53) Jute
543.09 -29.07% Cement
Mutual Funds
2.15% 944.56 Fuel & Power
3.12% (107.99) Services & Realestate
1.15% (62.00) IT Sector
4.27% 3,491.84 Telecommunication
4,266.41 3.65% Travel and Leisure
Miscellaneous
2.08% 449.71 Corporate Bond
449.71 2.08% Risk Free Investment
Total
1.98% 1,143.46
1,143.46 1.98%
2.33% 13.47
3.89% 699.00
1.71% 703.78
1.07% (204.80)
1,211.44 2.99%
1.34% 332.95
4.02% 1,598.43
1,931.38 2.99%
1.11% 50.28
-0.12% 30.86
81.14 -0.38%
2.18%
Portfolio Weight Sector Benchmark Weight Portfolio Return Sector Benchmark Return
6.46% 19.67% 2.99% 0.75%
8.16% -0.68%
-2.11% 5.02% -0.38% -0.08%
4.06% 5.66% 2.99% 1.61%
11.69% 10.28% 3.65% 1.18%
-0.19% 3.36% -29.07% 0.41%
4.78% 1.57%
1.03% 0.45%
0.71% 1.47%
0.02% 9.25%
2.16% 0.03% 2.08% 0.59%
4.52% 0.81%
2.00% -2.59%
-9.92% 14.89% -0.18% 0.03%
0.41% -0.95%
0.24% 1.59%
5.76% 14.77% 1.98% -0.13%
1.85% -0.78%
2.27% -1.48%
0.34% -1.07%
82.09% 0.00% 0.60%
100.00% 100.00% 0.98% 0.32%
Value Added Retrun
Wpj*Rpj Wbj*Rbj Pure Sector Allocation Allocation/Selection Interaction
0.19% 0.15% -0.056% -0.30%
0.00% -0.06% 0.082% -0.06%
0.01% 0.00% 0.029% 0.02%
0.12% 0.09% -0.021% -0.02%
0.43% 0.12% 0.012% 0.03%
0.05% 0.01% -0.003% 1.05%
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%
0.04% 0.00% 0.006% 0.03%
0.00% 0.04% -0.022% 0.04%
0.00% -0.05% 0.058% -0.05%
0.02% 0.00% 0.073% 0.05%
0.00% 0.00% 0.005% 0.00%
0.00% 0.00% -0.003% 0.00%
0.11% -0.02% 0.041% -0.19%
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% 0.224% -0.49%
0.98% 0.32% 0.42% 0.16%
0.66%
Within Sector Selection Total Value Added
0.44% 0.088%
0.06% 0.082%
-0.02% 0.035%
0.08% 0.035%
0.25% 0.300%
-0.99% 0.052%
-0.07% -0.059%
0.00% -0.001%
-0.01% -0.008%
0.00% -0.001%
0.00% 0.038%
-0.04% -0.022%
0.05% 0.058%
-0.03% 0.094%
0.00% 0.005%
0.00% -0.003%
0.31% 0.163%
0.01% 0.020%
0.03% 0.041%
0.00% 0.005%
0.00% -0.266%
0.08% 0.66%
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 87.66% 876,564.58
Fuel and Power

KPCL 12.25% 15,123.95 1.51%
LINDEBD 0.00% - 0.00%
PADMAOIL 0.00% - 0.00%
EASTRNLUB 7.81% 9,635.37 0.96%
Total 2.48% 24,759.31
Textile
PTL 7.41% 9,150.84 0.92%
ZAHINTEX 0.00% - 0.00%
Total 0.92% 9,150.84
Pharmaceuticals & Chemicals
BXPHARMA 0.00% - 0.00%
SQURPHARMA 11.42% 14,095.04 1.41%
GLAXOSMITH 0.00% - 0.00%
IBNSINA 17.61% 21,739.86 2.17%
Total 3.58% 35,834.90
Jute
SONALIANSH 0.00% - 0.00%
Total 0.00% -
Telecommunication
GP 0.00% - 0.00%
Total 0.00% -
Food & Allied

FUWANGFOOD 0.52% 645.05 0.06%
OLYMPIC 6.29% 7,765.80 0.78%
BATBC 2.57% 3,177.95 0.32%
AMCL (PRAN) 0.00% - 0.00%
Total 1.16% 11,588.80
Bank
DHAKABANK 0.00% - 0.00%
BRACBANK 34.11% 42,101.56 4.21%
Total 4.21% 42,101.56
Insurance
PARAMOUNT 0.00% - 0.00%
DHAKAINS 0.00% - 0.00%
Total 0.00% -
Grand Total 123,435.42
Lending and Borrowing Allowed
Return (%) Return in Tk. Portfolio Reurn Sector
Banks
Financial Institutions
Insurance
1.40% 211.59 Food & Allied Product
1.74% - Pharmaceuticals & Chemicals
0.29% - Textile
4.87% 469.04 Engineering
680.63 2.75% Ceramic
Tannery
4.11% 375.78 Paper & Printing
1.19% - Jute
375.78 4.11% Cement
Mutual Funds
2.15% - Fuel & Power
3.12% 440.17 Services & Realestate
1.15% - IT Sector
4.27% 927.98 Telecommunication
1,368.15 3.82% Travel and Leisure
Miscellaneous
2.08% - Corporate Bond
- 0.00% Risk Free Investment
Total
1.98% -
- 0.00%
2.33% 15.01
3.89% 301.80
1.71% 54.29
1.07% -
371.10 3.20%
1.34% -
4.02% 1,692.38
1,692.38 4.02%
1.11% -
-0.12% -
0.00 0.00%
2.18%
Portfolio Weight Sector Benchmark Weight Portfolio Return Sector Benchmark Return
4.21% 19.67% 4.02% 0.75%
8.16% -0.68%
0.00% 5.02% 0.00% -0.08%
1.16% 5.66% 3.20% 1.61%
3.58% 10.28% 3.82% 1.18%
0.92% 3.36% 4.11% 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%
2.48% 14.89% 2.75% 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%
87.66% 0.00% 0.60%
100.00% 100.00% 0.45% 0.32%
Value Added Retrun
Wpj*Rpj Wbj*Rbj Pure Sector Allocation Allocation/Selection Interaction
0.17% 0.15% -0.066% -0.51%
0.00% -0.06% 0.082% -0.06%
0.00% 0.00% 0.020% 0.00%
0.04% 0.09% -0.058% -0.07%
0.14% 0.12% -0.058% -0.18%
0.04% 0.01% -0.002% -0.09%
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%
0.07% 0.00% 0.037% -0.34%
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% 0.239% -0.52%
0.45% 0.32% 0.30% -1.76%
0.12%
Within Sector Selection Total Value Added
0.64% 0.072%
0.06% 0.082%
0.00% 0.020%
0.09% -0.040%
0.27% 0.037%
0.12% 0.032%
-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%
0.41% 0.104%
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% -0.284%
1.59% 0.12%
1 2
Weight 0.05 0.05
DSEX Index RetKPCL LINDEBD
4.74% -2.67% 20.45%
-4.60% -9.63% -10.67%
0.76% 2.17% -6.49%
6.63% 6.59% -0.61%
0.85% -1.99% 1.24%
11.41% 23.42% 12.20%
-0.07% -6.10% 26.33%
-5.43% -7.73% 3.92%
1.67% 0.38% 26.51%
-2.99% 6.82% -20.14%
1.13% -5.14% -2.51%
-1.19% 0.87% -0.33%
2.76% 7.96% -4.80%
11.54% 0.00% 3.24%
1.95% 29.48% 4.28%
-7.81% -16.15% -0.33%
2.00% 4.59% 1.77%
-2.90% -0.70% -2.03%
0.83% 0.53% 4.44%
-4.89% 13.71% 0.73%
-10.67% -5.26% -10.51%
13.33% 11.11% 1.17%
-0.08% 10.73% 15.97%
4.56% 8.57% 26.18%
-0.49% -7.89% -8.09%
1.75% 3.65% 17.67%
-5.93% 0.00% -9.04%
0.36% -1.22% 1.04%
1.06% 2.74% -5.09%
-1.92% 0.13% -0.17%
-0.64% -0.27% -1.16%
-3.42% -4.55% -2.26%
-3.71% -1.96% 12.64%
5.33% -4.71% 14.54%
2.00% -2.70% 4.56%
0.39% -2.93% 0.07%
0.03% -2.06% -3.56%
3.72% 3.08% 2.31%
-2.19% 0.79% -7.25%
4.55% 7.73% 2.44%
4.89% 2.12% -3.86%
8.58% 3.52% -1.75%
2.64% -0.15% 0.75%
1.90% -1.39% -2.54%
-4.27% -5.02% 0.55%
-1.32% -3.31% 7.09%
4.68% 1.20% -2.57%
3.62% 3.55% 1.49%
2.49% 2.45% -4.22%
1.44% 0.80% -1.92%
-1.20% 5.37% -0.07%
4.77% -0.07% 5.13%
-0.99% -3.47% 0.41%
-3.28% -3.25% -0.45%
-3.89% 0.88% -3.97%
-3.57% -5.08% 2.59%
2.53% -0.37% 3.42%
-6.89% 15.74% -1.52%
1.15% 8.16% 0.70%
-1.90% 0.89% -3.39%
1. Regression of KPCL 2. Regression of LINDEBD

coef of intercept 0.61623241291781 0.01031093527 0.6019234469
Std error of X variable 0.19512142846302 0.0089163142 0.2423291179
r 0.14673539321413 0.06847330831 0.0961480788
F 9.97422457082583 58 6.1698033069
SS of reg 0.04676508898158 0.27193844912 0.0446185252
P Value 0.0025
11 12
coef of intercept 0.29659761645764 0.01903863944 0.8375288055
Std error of X variable 0.30837181071088 0.01409143002 0.1886926751
r 0.01569949510372 0.10821588502 0.2535493623
F 0.92509422832352 58 19.701052246
SS of reg 0.01083348041541 0.6792193107 0.0863837782
P Value 0.3401
Company P-value Comparison Significance

KPCL 0.0025 Less than 5% Significant
LINDEBD 0.0159 Less than 5% Significant
PADMAOIL 0.0000 Less than 5% Significant
EASTRNLUB 0.3509 Greater than 5% Not Significant
PTL 0.0074 Less than 5% Significant
ZAHINTEX 0.0035 Less than 5% Significant
BXPHARMA 0.0000 Less than 5% Significant
SQURPHARMA 0.0000 Less than 5% Significant
GLAXOSMITH 0.0166 Less than 5% Significant
IBNSINA 0.0186 Less than 5% Significant
SONALIANSH 0.3401 Greater than 5% Not Significant
GP 0.0000 Less than 5% Significant
FUWANGFOOD 0.0003 Less than 5% Significant
OLYMPIC 0.0493 Less than 5% Significant
BATBC 0.5775 Greater than 5% Not Significant
AMCL (PRAN) 0.0036 Less than 5% Significant
DHAKABANK 0.0000 Less than 5% Significant
BRACBANK 0.0313 Less than 5% Significant
PARAMOUNT 0.0105 Less than 5% Significant
DHAKAINS 0.0000 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
PADMAOIL EASTRNL PTL ZAHINTEX BXPHARMSQURPHARMGLAXOSMITH IBNSINA
3.30% 7.66% 0.00% -0.95% 4.12% 38.06% 25.65% 36.30%
-13.90% 21.49% 0.00% 0.96% -7.07% 2.36% -8.66% -6.86%
-13.21% -15.77% 0.00% -9.27% -2.47% 3.45% -0.49% -7.75%
11.94% -2.94% 100.38% 29.73% 9.87% 7.45% 2.11% 6.29%
0.79% 0.14% 15.60% 0.74% -1.26% -1.60% -1.96% -1.77%
30.24% 13.43% 0.76% 1.47% 14.84% 20.08% 8.00% 14.28%
-0.43% 24.89% -10.55% -12.62% -8.84% 16.33% 15.88% 5.10%
4.74% 29.06% -5.37% -2.07% 1.59% 0.49% 11.50% -1.66%
1.08% -1.39% -23.11% -13.35% -12.55% 5.51% 36.15% 13.30%
-5.89% -7.31% 9.14% 0.00% 1.04% -4.16% -7.15% -3.57%
-1.35% -12.96% -7.61% -0.56% 6.37% 4.52% -6.14% -0.18%
3.30% -10.28% -1.70% -0.49% 3.13% -9.54% -1.90% -2.33%
-3.25% -1.17% 13.37% 7.40% 29.84% 23.13% -4.59% -3.31%
6.69% 3.33% -12.08% -5.05% 25.49% 11.17% -0.83% 3.71%
-2.33% 3.20% -4.20% -7.74% -6.44% 6.95% 2.97% 5.86%
-20.75% -7.64% -2.32% 2.17% -6.57% -9.62% -2.33% -5.90%
-1.23% 4.65% -2.53% 1.85% -3.93% 2.62% 4.51% 0.11%
-7.95% -8.27% -10.85% -10.93% -4.08% -1.63% -1.97% -6.37%
7.47% 1.59% -4.86% -5.42% 1.96% 3.74% 20.78% 13.38%
-0.16% 0.21% -14.77% -7.24% -1.92% -0.26% 6.15% -2.81%
-18.91% -7.27% -10.15% 0.00% -20.42% -6.50% -13.79% -8.48%
24.52% -6.92% 20.63% 13.98% 43.31% 0.24% 8.83% 10.02%
-2.63% 11.97% -1.63% 9.60% 9.22% 6.33% 16.28% -2.64%
3.27% -2.95% 7.27% 10.46% 10.98% 4.00% 3.81% 17.02%
-1.94% 4.59% -5.24% 24.16% -5.59% 5.73% 1.63% 29.67%
-0.12% -1.24% 0.00% -0.41% 8.66% 10.94% -0.48% 27.78%
-8.38% -4.45% 3.84% 15.44% -0.29% -2.57% -10.91% -4.65%
-12.41% -7.51% -2.21% 0.07% 8.00% 4.56% -2.44% -22.13%
-1.68% -4.73% -8.65% 10.31% 9.23% -0.15% -2.79% 17.15%
-7.87% 136.78% 2.07% 0.48% 2.73% 2.05% 0.09% -3.88%
-2.83% -22.00% 2.65% -3.10% 1.03% 1.78% 0.08% -1.18%
4.12% 62.85% 0.61% -2.77% -3.66% -4.86% 2.82% 19.77%
11.82% 48.78% -4.45% -26.27% -3.70% 1.08% -4.84% 32.51%
-4.90% -6.30% 9.40% 43.27% 14.25% 2.73% 2.48% 2.73%
1.75% -9.02% 11.05% -11.09% 1.09% 2.08% -1.70% 22.89%
-0.54% 2.16% -9.95% 6.00% 3.83% 0.53% -7.71% -4.52%
-0.38% 1.07% 3.03% -8.52% -4.50% -1.80% -1.50% 10.13%
2.82% -3.71% 13.17% 0.55% 0.36% 2.40% 2.16% -1.84%
-1.22% -5.86% 3.65% -12.36% -7.10% -0.29% -0.52% -4.40%
2.09% -19.12% 15.09% 17.24% 6.74% 12.41% -1.42% -0.92%
-0.06% 36.79% 7.43% 12.73% -1.94% 1.72% -2.39% -8.32%
27.25% -10.48% 13.40% 12.36% 7.92% 4.34% 1.79% 39.50%
11.25% 8.73% 9.61% 7.63% 5.85% 3.19% 0.40% -4.73%
-0.71% -2.65% -0.39% 0.93% 19.61% 3.62% 0.20% -8.61%
-1.93% -10.98% 9.19% -11.48% 0.54% 2.09% -2.38% 1.37%
-2.29% -4.25% 19.78% -4.49% -2.52% -0.60% -1.11% -1.06%
5.44% 1.56% 14.36% 2.12% 4.44% 2.87% 1.45% 2.52%
-3.05% 5.23% -6.68% 2.53% -1.15% -2.52% -1.52% -0.76%
1.33% -5.05% 3.15% -4.49% -2.95% 1.17% -1.28% 6.38%
-2.90% -10.31% 0.82% -5.16% -1.48% 6.95% 0.88% -4.13%
-1.23% 24.52% -6.06% -4.41% -8.80% -2.81% 1.19% 14.01%
-1.58% -10.08% 52.94% 17.51% 7.88% 18.43% 5.44% 3.59%
5.32% -0.27% 3.00% -1.78% -0.10% 0.00% -0.32% 0.74%
0.25% 4.56% 5.92% -7.83% 2.50% 8.02% 4.14% -0.49%
-3.71% -1.19% -5.81% -2.61% -1.13% -3.90% -2.74% 0.00%
-6.50% -3.31% -4.57% -4.03% -2.28% -1.05% -3.73% 0.45%
9.32% 30.12% 8.37% -4.90% 2.63% -1.00% -0.33% 11.42%
-0.51% 2.48% -5.96% -8.82% -6.82% -8.05% -3.05% -5.62%
-2.13% 20.66% 24.65% 7.26% -4.48% 3.86% 3.14% 0.19%
-2.09% 6.98% 13.75% 12.78% -6.07% -8.70% -18.77% 18.80%
Regression of LINDEBD 3. Regression of PADMAOIL 4. Regression of EASTRNLUB

0.01382619795 1.3098449 -0.004962273456 -0.62378496 0.052403601584
0.01107352776 0.1903938 0.0087002802719 0.663362882 0.030313184646
0.08503974438 0.4493483 0.0668142642672 0.01501649 0.232791710892
58 47.329731 58 0.884234525 58
0.41944197123 0.2112868 0.258920462755 0.04791842 3.143134878294
0.0159 0.0000 0.3509
12 13 14
0.01483760037 1.3002655 0.0155066960006 0.753883022 0.034360913573
0.00862254439 0.3373892 0.0154174154957 0.375384088 0.017153638662
0.06621728745 0.2038716 0.1183988608473 0.0650177 0.131732278834
58 14.852574 58 4.033259869 58
0.2543142911 0.2082077 0.8130608344963 0.069990745 1.006496810627
0.0000 0.0003 0.0493
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
SONALIA GP FUWANGFOLYMPIC BATBC AMCL (PRDHAKABABRACBANPARAMOUDHAKAINS
21.64% 15.80% 10.16% 1.84% 6.77% 47.05% -1.09% -6.44% 0.54% 0.00%
-2.47% -11.20% -5.74% -6.72% 1.13% 7.16% -8.67% -1.09% 14.30% -0.24%
-14.96% 1.37% -10.95% -0.58% 0.72% -32.24% 6.10% 8.06% -4.42% -1.27%
7.55% 5.83% 29.78% 69.34% 0.45% 0.24% 0.00% 2.59% 4.63% 5.36%
-5.25% -1.13% 0.39% -4.36% 1.46% 3.41% 0.00% 6.28% 0.47% -1.92%
3.97% 5.67% -0.78% 22.77% 20.33% 11.44% 12.78% 6.40% 12.40% 13.85%
3.90% 7.34% -9.88% 24.31% 19.19% 12.41% 7.05% 29.64% -9.59% -10.00%
17.66% -0.09% -6.10% -8.15% 2.95% 2.42% 4.09% 0.42% -10.78% -9.90%
-20.33% 25.77% -8.11% 16.54% 6.65% -5.89% 7.39% 4.54% -5.37% -8.03%
1.18% -0.97% 2.78% -4.58% -4.24% 0.84% -2.91% -5.90% 11.41% -4.89%
-3.49% 12.77% 0.49% -2.88% -1.54% -3.15% 0.45% 10.04% -5.13% -7.62%
-5.71% 2.40% -2.69% 8.94% 5.06% -1.04% -8.96% -0.78% -5.34% -4.99%
-1.62% 5.27% 12.13% -8.29% 12.39% 0.32% -4.95% 2.30% 2.23% 0.00%
1.21% 17.98% 28.21% 10.88% 2.22% 2.82% 3.96% 20.58% -3.85% 10.17%
1.97% -1.94% -17.11% 6.45% -1.95% 0.00% 10.03% 8.39% 4.53% -1.03%
18.30% -14.90% 19.89% 51.55% 0.11% -10.15% -7.00% 4.30% -7.15% -6.22%
-20.95% 13.56% 10.24% 4.90% -3.50% -1.80% -0.55% 2.21% -0.54% -4.82%
-11.99% -9.01% 5.49% 2.90% 10.72% 2.24% 11.45% 6.19% -6.57% -6.59%
17.85% 6.59% -4.43% -3.42% 4.37% 5.09% -3.92% -2.28% -5.19% 0.84%
-5.25% 6.83% -14.20% -1.60% 4.81% -3.32% -11.21% -4.16% -9.45% -16.03%
-19.96% -9.63% -12.09% -5.13% -1.43% -13.75% 15.08% -3.78% -11.90% -20.14%
4.39% -0.06% 33.13% 4.22% -8.09% 8.94% 23.94% 5.75% 37.41% 41.10%
7.85% 1.92% -9.53% 6.82% 6.47% -0.21% -6.40% 12.62% -0.80% -9.23%
19.28% 0.24% 2.30% 17.76% -0.82% 3.51% 8.03% 2.29% -3.66% -0.56%
9.20% -4.18% -3.18% -0.18% 1.56% 17.15% 3.75% -2.75% -3.99% -0.57%
-2.05% -9.98% 0.45% 9.64% -3.74% -2.33% 3.55% 5.37% 0.00% 1.14%
6.19% -12.80% -8.72% -5.29% -0.33% -14.72% -2.00% 12.64% -5.60% -3.39%
-4.12% 6.80% 7.57% 26.32% -1.11% -2.31% -1.98% 3.65% -4.40% -1.17%
-3.58% -4.71% -9.39% 4.14% 1.39% 10.32% 1.55% 1.25% -0.86% 2.96%
-4.62% 1.46% 2.16% 0.92% 4.48% -3.09% -1.52% -2.46% 19.98% 3.45%
-0.35% 1.38% -3.41% 8.87% -9.25% -1.11% -8.27% -9.25% -2.25% 1.11%
7.65% -7.65% 11.18% 2.95% -6.68% -1.48% 2.27% 3.70% -0.74% -3.85%
-1.13% 8.64% -15.72% 3.58% 5.05% 0.62% -17.58% -7.38% -11.78% -17.71%
6.37% 3.53% 2.33% 7.54% -2.02% 0.41% 23.65% 18.55% 20.99% 11.86%
-5.60% -0.16% 1.40% 5.73% 2.86% 0.46% 1.35% 14.22% -5.26% 0.00%
11.87% 8.52% -7.09% -1.74% -2.19% 5.72% -2.73% 20.38% -1.92% -2.01%
13.08% -4.52% 1.49% -10.99% -7.35% 7.59% 13.02% -4.55% 11.42% 14.38%
4.24% 2.24% 6.78% 1.39% 2.96% -3.28% 6.11% -1.64% 2.59% 2.40%
19.30% 1.26% -7.73% -1.37% 1.88% -7.15% -7.44% 0.00% 47.52% 1.17%
-2.57% 3.73% 20.03% 9.27% -1.08% 3.47% 7.39% 9.17% 25.99% 21.97%
-1.01% 0.25% 24.04% 4.16% -2.19% 1.91% 2.90% -1.98% -14.33% 7.58%
9.86% 6.16% -10.65% 0.32% 0.46% 5.49% 13.96% 5.62% 3.62% 7.93%
4.02% 8.12% 4.92% -0.52% 0.38% -0.82% 4.43% -1.05% 1.04% -1.22%
0.42% 7.48% 1.98% -6.41% -0.49% -3.55% 7.49% 29.41% -2.48% 4.13%
4.69% 1.66% -5.90% -3.62% 4.86% 0.24% -17.01% 22.29% 4.60% -12.70%
8.21% -2.64% 3.51% -3.32% 9.53% 0.05% 4.50% 6.59% 7.42% -5.21%
-6.71% 4.78% 6.64% 3.92% 1.38% 3.05% 10.00% 3.99% 2.15% 4.10%
0.40% 10.19% 52.25% 3.12% 6.75% -0.74% -1.60% 8.80% 0.00% 6.90%
5.35% 2.66% -2.91% -4.70% -0.50% 1.40% 8.70% -2.28% -6.84% 3.69%
-13.19% 6.60% -14.47% -0.73% -0.42% -3.76% 3.50% 0.12% 2.26% 8.00%
4.98% 5.54% 9.47% -5.74% 3.61% -1.43% 3.86% 17.11% 7.73% -2.47%
14.15% 7.55% 16.99% 13.02% 6.42% 9.37% 13.02% 9.15% -7.18% 1.27%
-10.49% -0.13% -6.91% 1.02% 3.08% -0.49% -9.47% -1.28% 1.10% 2.50%
-8.93% 6.71% -8.08% -1.25% 11.06% -3.92% -12.73% -10.70% -4.37% -8.13%
4.48% -0.43% 3.85% -8.89% -4.49% 0.98% -8.85% -5.37% 1.14% -8.85%
-1.91% -3.49% -1.59% 6.01% -3.05% -0.51% -5.71% 6.11% -10.17% 3.40%
33.03% 1.65% -2.69% -4.00% -0.72% 5.04% 0.00% 12.78% 6.54% -2.82%
7.70% -11.67% -7.73% -10.11% -0.46% -6.00% -2.50% -15.05% -15.58% -0.74%
14.58% -6.24% 10.78% -5.44% 1.83% 10.26% -0.70% -4.43% 2.31% -4.17%
-13.43% 0.33% 14.59% -7.98% -5.20% 0.90% -9.15% -7.72% -2.26% 0.00%
5 6 7 8
1.2802379 0.033421 0.9155988 0.0064543 1.5144037 0.0124506 0.9022119
0.461258 0.0210778 0.3005244 0.0137328 0.210197 0.0096052 0.1970805
0.1172477 0.1618677 0.1379592 0.105462 0.4722835 0.0737637 0.2654232
7.7035973 58 9.282201 58 51.907501 58 20.957028
0.2018432 1.5196672 0.1032388 0.6450897 0.2824334 0.3155832 0.100242
0.0074 0.0035 0.0000
15 16 17 18
0.0909244 0.0165416 0.7594746 0.0061421 1.007535 0.0073869 0.5642831
0.1622857 0.0074158 0.2500242 0.0114252 0.2123578 0.0097039 0.2557705
0.0053831 0.0569504 0.1372519 0.0877401 0.2795965 0.074522 0.0774226
0.3139069 58 9.2270414 58 22.51044 58 4.8673548
0.0010181 0.1881141 0.0710328 0.4465033 0.1250124 0.3221046 0.0392127
0.5775 0.0036 0.0000
DHAKAINS
8 9 10
0.0258417 0.575655 0.0080231 0.806206 0.0378717
0.0090058 0.23333 0.0106623 0.3327977 0.0152076
0.0691608 0.094976 0.0818816 0.0918849 0.1167876
58 6.09 58 5.8685568 58
0.2774266 0.040809 0.3888668 0.0800432 0.7910818
0.0000 0.0166 0.0186
18 19 20
0.0368281 0.814646 0.0062252 1.4721434 -0.009994
0.0116878 0.308144 0.014081 0.1850063 0.0084541
0.0897567 0.107545 0.108136 0.5219177 0.0649236
58 6.989243 58 63.318014 58
0.4672633 0.081728 0.6782164 0.2668904 0.2444745
0.0313 0.0105 0.0000

Portfolio Construction F-407

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Portfolio Construction F-407

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20 Selected Securities for Portfolio Constru

Industry Company Name

1.00 0.70 4.00

0.60 2.50 1.25

7.00% 8.00% 10.00%

0.00% 0.00% 2.25% 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% -0.95% 4.12% 35.81% 25.65% 36.30%

21.64% 15.80% 10.16% 1.84% 6.77% 47.05%

-1.09% -6.44% 0.54% 0.00%

Mean Return 1.40% 1.74% 0.29% 4.87%

4.11% 1.19% 2.15% 3.12% 1.15% 4.27%

2.08% 1.98% 2.33% 3.89% 1.71% 1.07%

1.34% 4.02% 1.11% -0.12%

Monthly Risk Free Rate

SQURPHARMA 3.12% 0.58% 2.54%

Equal Weight Case

Monthly risk free rate 0.58%

Risk Aversion & Asset Allocation

Base Case Solver

Monthly risk free rate 0.58%

Monthly risk free rate 0.58%

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

Total Weight 1 Total Weight

Monthly risk free rate 0.58% Monthly risk free rate

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

0.58% Monthly risk free rat 0.58%

Total Weight 1 Total Weight

Monthly risk free rate 0.58%

Total Weight 1 Total Weight

Monthly risk free rate 0.58% Monthly risk free rate

0.58% Monthly risk free rate 0.58%

Monthly risk free rate 0.58% 0.58%

0.58% 0.58% 0.58% 0.58% 0.58%

0.58% 0.58% 0.58% 0.58%

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

Equal Weight Case

Monthly risk free rate 0.0058

Risk Aversion & Asset Allocation

Base Case Solver

Monthly risk free rate 0.0058

e Solver rf= 5% and PR= 3%

Monthly risk free rate 0.0042

nd PR= 3% rf= 6% and PR= 4%

Monthly risk free rate 0.0050

rf= 8% and PR= 6% rf= 9% and PR= 10%

Total Weight 1 Total Weight 1

Total Weight 1 Total Weight 1

Monthly risk free rate 0.0042 Monthly risk 0.0042

Total Weight 1 Total Weight 1 Total Weight

Monthly risk 0.0050 Monthly risk 0.0067 Monthly risk

Risk Free Rate Rf= 5% Rf= 6% Rf= 8%

Monthly Risk Free Rate 0.42% 0.50% 0.67%

Short Sale Allowed and Risk free Lending and Borrowing

Equal Weight Case

Monthly risk free rate 0.58%

Risk Aversion & Asset Allocation

Base Case Solver

Monthly risk free rate 0.58%

Monthly risk free rate 0.58%

2. Portfolio Return 1.5%

Monthly risk free 0.58%

3. Portfolio Return 2% 4. Portfolio Return 2.5%