Fact Sheet August 2014

CSE 50
CSE 50 Index is constructed in order to provide an appropriate benchmark for Bangladesh capital market. The index is
well diversified and constitutes 50 leading and active stocks to ensure coverage of large portion of market capitalization
of Chittagong Stock Exchange (CSE).
CSE 50 index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds,
ETFs and structured products.

Eligibility Criteria for Selection of

Constituent Stocks
i)

ii)

CSE listed securities other than Mutual Funds and

Corporate bonds and securities which are classified
under Z category are eligible for index.
Companies should have traded for more than 75% of
trading days during last 6 months period or from date
of listing (whichever is latest).

iii) The remaining companies are then ranked by traded

values and bottom 10% companies are excluded.
iv) Companies are then ranked by float adjusted market
capitalization. Top 50 companies by market
capitalization, from eligible universe satisfying criteria
of liquidity are selected for index inclusion.

Index Re-Balancing:
Index is re-balanced on semi-annual basis.
Data for 6 months ending June & December
each year is considered for review.
Replacement shall be done if any non-index
constituent satisfying index eligibility criteria
have market capitalization which is twice of
the last index constituent.

Index Governance:
The CSE 50 index is developed by India
Index Services and Products Ltd. (IISL), a
group company of the National Stock
Exchange of India Limited and a subsidiary
of NSE Strategic Investment Corporation
Limited.

Disclaimers:
All information contained herewith is provided for reference purpose only. CSE ensures accuracy and reliability of the above information to the
best of its endeavours. However, CSE makes no warranty or representation as to the accuracy, completeness or reliability of any of the
information contained herein and disclaim any and all liability whatsoever to any person for any damage or loss of any nature arising from or as a
result of reliance on any of the information provided herein. The information contained in this document is not intended to provide any
professional advice.
The CSE 50 Index is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). The CSE 50 Index has been
developed by IISL as per the specifications and requirements of CSE. IISL does not make any representation or warranty, express or implied
regarding the advisability of investing in the products linked to the CSE 50 Index and availing the services generally or particularly or the ability
of the CSE 50 Index to track general stock market performance in Bangladesh.

Fact Sheet August 2014

Index Performance
2,500
2,000
1,500
1,000
500
0

Statistics:
Period

Porfolio Characteristics:

Methodology: Free Float Market Capitalization

Index Review: Semi-annual

Returns

Constituents: 50

6
Mth

1
Yr

2
Yr

3
Yr

Since
Inception

2.94

-5.41

11.19

-0.25

-9.17

4.80

Period

3
Mth

6
Mth

1
Yr

2
Yr

3
Yr

Since
Inception

Volatility

11.14

11.61

15.15

20.00

27.26

29.47

Base Value: 1000

Base Date: July 02, 2009

3
Mth

Calculation Frequency: Real Time

Sector Representation
Top 10 constituents by weightage
Company Name

Weight (%)

Sr.No.

Sector

Weight (%)

Bank

34.59

Energy

15.44

Pharma & Chemicals

14.90

Square Pharmaceuticals Ltd.

10.16

Grameenphone Ltd.

8.60

Telecommunication

9.70

British American Tobacco Bd Co.

5.22

Miscellaneous

9.16

Beximco Ltd.

3.94

Eng. & Electrical

2.90

Titas Gas Transmission And

Distribution Company Ltd
Beximco Pharmaceuticals Ltd.
Islami Bank Bangladesh Ltd.

3.87

Foods & Allied

2.74

3.49
2.98

Leasing & Finance

2.73

Services & Property

2.26

Pubali Bank Ltd.

2.93

10

Cement

2.16

11

Life Insurance

1.82

Olympic Industries Ltd.

2.74

United Commercial Bank Ltd.

2.57

12
13

Textiles & Clothing

Ceramic

0.96
0.64

# 3 months, 6 months and 1 year returns are absolute returns. Returns for greater than one year are based on annualized average daily returns.
* Annualized standard deviation of average daily returns.