RENTABILIDAD Y RIESGO

EMISORES emisor variacionPREC -73.69% FABRICATO 0.25

ECOPETROL -49.75% COLTEJER 0.27

EXITO -49.66% ENKA 0.40

PFAVH -46.23% PREC 0.47

CELSIA -39.38% PFCARPAK 0.55

CLH -35.39% PFAVH 0.57

MINEROS -31.97% ETB 0.76

PFCARPAK -29.36% CELSIA 0.80

ELCONDOR -29.27% MINEROS 0.83

BVC -28.26% EXITO 0.84

TERPEL -23.12% CNEC 0.88

NUTRESA -21.14% VALOREM 0.95

-18.03%0.96

-16.44% ELCONDOR0.97

-15.87%0.98

BOGOTA -15.57% GRUPOAVAL 0.99

PFDAVVNDA -15.31% PFAVAL 0.99

ISA -14.49%1.00

FABRICATO -13.69%1.04

BBVACOL -11.43% ECOPETROL1.07

-10.81%1.22

PFAVAL -10.74% ISA 1.26

OCCIDENTE -10.54% BBVACOL 1.32

GRUPOAVAL -9.74% NUTRESA 1.40

-8.90% BCOLOMBIA1.44

BCOLOMBIA -7.55% BOGOTA 1.50

-6.92% PFBCOLOM1.54

PFBCOLOM -5.95% OCCIDENTE 1.58

-5.10% EEB1.59

ENKA -5.04% PFDAVVNDA 1.59

-2.51%1.79

CEMARGOS -1.96% CLH 1.80

PROMIGAS -0.19% TERPEL 1.87

CNEC 3.41% ODINSA 1.88

ETB 5.36%2.05

ODINSA 6.13%2.07

VARIACION ACCIONES

PFGRUPOARG

PFGRUPSURA

CONCONCRET

GRUPOARGOS

GRUPOSURA

PFGRUPOARG

GRUPOARGOS

PFCORFICOL

CONCONCRET

PFGRUPSURA

PFCEMARGOS

GRUPOSURA

CORFICOLCF

PFCORFICOL

PFCEMARGOS

CORFICOLCF

EEB 8.46% CEMARGOS 2.12

COLTEJER 10.53% ISAGEN 2.47

ISAGEN 11.89% BVC 3.27

VALOREM 34.00% PROMIGAS 3.32

TENDENCIA

Clase Frecuencia 6,100.0 1 6,710.9 4 7,321.8 12 7,932.7 23 8,543.6 18 9,154.5 5 9,765.5 14 10,376.4 5 10,987.3 1 11,598.2 11 12,209.1 20 y mayor... 7

6100

6710.90909090909

7321.81818181818

7932.72727272727

8543.63636363636

9154.54545454545

9765.45454545454

10376.3636363636

10987.2727272727

11598.1818181818

12209.0909090909

y may

or...

05

10152025

Histograma

Frecuencia

ClaseFr

ecue

ncia

6100

6710.90909090909

7321.81818181818

7932.72727272727

8543.63636363636

9154.54545454545

9765.45454545454

10376.3636363636

10987.2727272727

11598.1818181818

12209.0909090909

y may

or...

05

10152025

Histograma

Frecuencia

Clase

Frec

uenc

ia

Clase Frecuencia-0.44565217 1

-0.375826 0-0.30599982 0-0.23617364 0-0.16634746 0-0.09652129 2-0.02669511 250.04313107 690.11295725 200.18278343 2

y mayor... 1

11000007333373000

16000074000

1480333 $ 1,367,826.36 112506.64 $ 5,000.00

$ 1,372,826.36

-0.445652173913043

-0.37582599618771

-0.305999818462376

-0.236173640737043

-0.166347463011709

-0.0965212852863756

-0.026695107561042

0.0431310701642916

0.112957247889625

0.182783425614959

y may

or...0

1020304050607080

Histograma

Frecuencia

Clase

Frec

uenc

ia

-0.445652173913043

-0.37582599618771

-0.305999818462376

-0.236173640737043

-0.166347463011709

-0.0965212852863756

-0.026695107561042

0.0431310701642916

0.112957247889625

0.182783425614959

y may

or...0

1020304050607080

Histograma

Frecuencia

Clase

Frec

uenc

ia

PREC ÉXITOfecha Precio Cierre Precio Cierre

16/04/2015 00:00:00 7,650.00 2.22% 25,880.0017/04/2015 00:00:00 7,820.00 -0.64% 25,700.0020/04/2015 00:00:00 7,770.00 -7.46% 25,000.0021/04/2015 00:00:00 7,190.00 -0.28% 24,740.0022/04/2015 00:00:00 7,170.00 4.60% 24,520.0023/04/2015 00:00:00 7,500.00 4.00% 24,900.0024/04/2015 00:00:00 7,800.00 -7.56% 25,000.0027/04/2015 00:00:00 7,210.00 -0.55% 25,600.0028/04/2015 00:00:00 7,170.00 3.91% 26,360.0029/04/2015 00:00:00 7,450.00 7.25% 25,920.0030/04/2015 00:00:00 7,990.00 17.52% 25,560.0004/05/2015 00:00:00 9,390.00 2.02% 25,940.0005/05/2015 00:00:00 9,580.00 25.26% 26,200.0006/05/2015 00:00:00 12,000.00 1.17% 26,000.0007/05/2015 00:00:00 12,140.00 0.00% 25,100.0008/05/2015 00:00:00 12,140.00 0.49% 24,640.0011/05/2015 00:00:00 12,200.00 -1.97% 24,520.0012/05/2015 00:00:00 11,960.00 -0.17% 24,600.0013/05/2015 00:00:00 11,940.00 0.00% 24,220.0014/05/2015 00:00:00 11,940.00 1.17% 24,140.0015/05/2015 00:00:00 12,080.00 36.67% -2.65% 23,800.00 -8.74%19/05/2015 00:00:00 11,760.00 33.50% 7.99% 23,980.00 -7.17%20/05/2015 00:00:00 12,700.00 38.82% 0.94% 23,200.00 -7.76%21/05/2015 00:00:00 12,820.00 43.92% -3.12% 23,280.00 -6.27%22/05/2015 00:00:00 12,420.00 42.27% -1.93% 23,260.00 -5.42%25/05/2015 00:00:00 12,180.00 38.42% -0.99% 23,140.00 -7.61%26/05/2015 00:00:00 12,060.00 35.32% 1.66% 22,760.00 -9.84%27/05/2015 00:00:00 12,260.00 41.19% -0.49% 22,700.00 -12.78%28/05/2015 00:00:00 12,200.00 41.23% 0.49% 22,640.00 -16.43%29/05/2015 00:00:00 12,260.00 39.23% -1.79% 22,540.00 -15.00%01/06/2015 00:00:00 12,040.00 33.64% 1.50% 22,500.00 -13.60%02/06/2015 00:00:00 12,220.00 23.16% 0.00% 22,860.00 -13.47%03/06/2015 00:00:00 12,220.00 21.60% -2.95% 22,900.00 -14.41%04/06/2015 00:00:00 11,860.00 -1.18% 1.35% 22,880.00 -13.64%05/06/2015 00:00:00 12,020.00 -1.00% -3.66% 22,780.00 -10.18%09/06/2015 00:00:00 11,580.00 -4.84% 2.76% 23,000.00 -7.13%10/06/2015 00:00:00 11,900.00 -2.52% -2.52% 22,920.00 -6.98%11/06/2015 00:00:00 11,600.00 -3.10% 0.34% 22,920.00 -7.33%12/06/2015 00:00:00 11,640.00 -2.58% -1.20% 23,100.00 -4.85%16/06/2015 00:00:00 11,500.00 -3.83% -0.87% 22,660.00 -6.53%17/06/2015 00:00:00 11,400.00 -5.96% 1.75% 22,460.00 -5.97%18/06/2015 00:00:00 11,600.00 -1.38% 0.69% 21,720.00 -10.41%19/06/2015 00:00:00 11,680.00 -8.73% -2.74% 21,500.00 -7.91%22/06/2015 00:00:00 11,360.00 -12.85% 0.70% 21,580.00 -7.88%

23/06/2015 00:00:00 11,440.00 -8.57% -2.45% 22,200.00 -4.77%24/06/2015 00:00:00 11,160.00 -9.14% -0.72% 22,060.00 -4.90%25/06/2015 00:00:00 11,080.00 -8.84% -4.15% 22,000.00 -3.45%26/06/2015 00:00:00 10,620.00 -15.44% -7.44% 22,180.00 -2.34%30/06/2015 00:00:00 9,830.00 -24.11% -5.49% 22,720.00 0.35%01/07/2015 00:00:00 9,290.00 -31.97% 10.66% 22,800.00 1.14%02/07/2015 00:00:00 10,280.00 -17.12% 8.95% 23,000.00 2.17%03/07/2015 00:00:00 11,200.00 -9.11% 0.36% 22,660.00 -0.88%06/07/2015 00:00:00 11,240.00 -8.72% 0.53% 22,500.00 -1.78%07/07/2015 00:00:00 11,300.00 -4.96% -2.30% 22,140.00 -3.34%08/07/2015 00:00:00 11,040.00 -8.88% -44.57% 21,780.00 -4.59%09/07/2015 00:00:00 6,120.00 -89.22% -0.33% 21,800.00 -5.50%10/07/2015 00:00:00 6,100.00 -95.08% 6.07% 22,000.00 -4.18%13/07/2015 00:00:00 6,470.00 -79.29% 8.19% 22,000.00 -4.18%14/07/2015 00:00:00 7,000.00 -66.29% 7.14% 22,280.00 -3.68%15/07/2015 00:00:00 7,500.00 -53.33% 10.67% 22,800.00 0.61%16/07/2015 00:00:00 8,300.00 -37.35% -10.12% 22,600.00 0.62%17/07/2015 00:00:00 7,460.00 -55.50% -1.34% 22,140.00 1.90%21/07/2015 00:00:00 7,360.00 -58.70% 2.58% 21,580.00 0.37%22/07/2015 00:00:00 7,550.00 -50.46% 3.44% 22,440.00 3.83%23/07/2015 00:00:00 7,810.00 -46.48% -1.15% 22,200.00 0.00%24/07/2015 00:00:00 7,720.00 -44.56% -4.53% 22,220.00 0.72%27/07/2015 00:00:00 7,370.00 -50.34% 5.70% 21,920.00 -0.36%28/07/2015 00:00:00 7,790.00 -36.33% 0.77% 21,980.00 -0.91%29/07/2015 00:00:00 7,850.00 -25.22% 1.91% 22,800.00 0.35%30/07/2015 00:00:00 8,000.00 -16.13% -2.25% 21,600.00 -5.56%31/07/2015 00:00:00 7,820.00 -31.46% -4.09% 21,300.00 -7.98%03/08/2015 00:00:00 7,500.00 -49.33% 7.07% 18,900.00 -19.89%04/08/2015 00:00:00 8,030.00 -39.98% 3.36% 18,960.00 -18.67%05/08/2015 00:00:00 8,300.00 -36.14% 7.83% 19,500.00 -13.54%06/08/2015 00:00:00 8,950.00 -23.35% 4.47% 19,500.00 -11.69%10/08/2015 00:00:00 9,350.00 34.55% -1.39% 20,400.00 -6.86%11/08/2015 00:00:00 9,220.00 33.84% 9.54% 19,900.00 -10.55%12/08/2015 00:00:00 10,100.00 35.94% -7.92% 20,100.00 -9.45%13/08/2015 00:00:00 9,300.00 24.73% -1.94% 20,180.00 -10.41%14/08/2015 00:00:00 9,120.00 17.76% 2.52% 20,140.00 -13.21%18/08/2015 00:00:00 9,350.00 11.23% -7.38% 19,560.00 -15.54%19/08/2015 00:00:00 8,660.00 13.86% -5.08% 18,600.00 -19.03%20/08/2015 00:00:00 8,220.00 10.46% -2.55% 17,860.00 -20.83%21/08/2015 00:00:00 8,010.00 5.74% 0.00% 16,600.00 -35.18%24/08/2015 00:00:00 8,010.00 2.50% 6.12% 15,300.00 -45.10%25/08/2015 00:00:00 8,500.00 9.18% 0.24% 15,100.00 -47.15%26/08/2015 00:00:00 8,520.00 13.50% 12.68% 14,520.00 -50.96%27/08/2015 00:00:00 9,600.00 18.85% 6.25% 15,000.00 -46.53%28/08/2015 00:00:00 10,200.00 23.04% 1.57% 15,600.00 -46.15%31/08/2015 00:00:00 10,360.00 22.78% -10.04% 16,780.00 -28.72%

01/09/2015 00:00:00 9,320.00 16.09% 2.90% 16,400.00 -29.88%02/09/2015 00:00:00 9,590.00 21.79% 0.63% 15,920.00 -18.72%03/09/2015 00:00:00 9,650.00 16.79% -1.55% 16,500.00 -14.91%04/09/2015 00:00:00 9,500.00 12.63% -2.11% 16,360.00 -19.19%07/09/2015 00:00:00 9,300.00 3.76% 1.18% 16,700.00 -16.77%08/09/2015 00:00:00 9,410.00 0.64% -4.25% 16,340.00 -24.85%09/09/2015 00:00:00 9,010.00 -2.33% -3.44% 16,600.00 -19.88%10/09/2015 00:00:00 8,700.00 -16.09% -8.62% 16,100.00 -24.84%11/09/2015 00:00:00 7,950.00 -16.98% -1.26% 16,160.00 -24.88%14/09/2015 00:00:00 7,850.00 -16.18% -1.27% 16,100.00 -25.09%15/09/2015 00:00:00 7,750.00 -20.65% 2.45% 16,100.00 -21.49%16/09/2015 00:00:00 7,940.00 -9.07% 5.16% 16,000.00 -16.25%17/09/2015 00:00:00 8,350.00 1.56% -0.36% 16,160.00 -10.52%18/09/2015 00:00:00 8,320.00 3.73% -0.24% 15,500.00 -7.10%21/09/2015 00:00:00 8,300.00 3.49% -3.73% 15,600.00 1.92%22/09/2015 00:00:00 7,990.00 -6.38% -4.88% 15,100.00 0.00%23/09/2015 00:00:00 7,600.00 -12.11% -4.21% 14,700.00 1.22%24/09/2015 00:00:00 7,280.00 -31.87% -3.30% 14,220.00 -5.49%25/09/2015 00:00:00 7,040.00 -44.89% 3.41% 13,600.00 -14.71%28/09/2015 00:00:00 7,280.00 -42.31% -4.95% 13,020.00 -28.88%29/09/2015 00:00:00 6,920.00 -34.68% 2.60% 13,100.00 -25.19%30/09/2015 00:00:00 7,100.00 -35.07% -5.21% 13,260.00 -20.06%01/10/2015 00:00:00 6,730.00 -43.39% -5.05% 12,900.00 -27.91%02/10/2015 00:00:00 6,390.00 -48.67% 4.54% 12,240.00 -33.66%05/10/2015 00:00:00 6,680.00 -39.22% 7.63% 12,960.00 -28.86%06/10/2015 00:00:00 7,190.00 -30.88% 3.76% 13,940.00 -17.22%07/10/2015 00:00:00 7,460.00 -20.78% 7.10% 14,980.00 -10.81%08/10/2015 00:00:00 7,990.00 -8.89% -0.63% 14,920.00 -7.91%09/10/2015 00:00:00 7,940.00 -0.13% -6.17% 15,000.00 -7.73%13/10/2015 00:00:00 7,450.00 -5.37% 2.42% 14,940.00 -7.76%14/10/2015 00:00:00 7,630.00 -1.57% -100.00% 14,700.00 -9.52%

Riesgo de mercado 30.69% 11.95%Rentabilidad -8.31% -12.48%

SHARPE RATO - 0.27 - 1.04

PREC-95.08%-89.22%-79.29%-66.29%-58.70%-55.50%-53.33%

-50.46%-50.34%-49.33%-48.67%-46.48%-44.89%-44.56%-43.39%-42.31% Bar-39.98%23.04%23.16% Ear24.73%33.50%33.64%33.84%34.55%35.32%35.94%36.67%38.42%38.82%39.23%41.19%41.23%42.27%43.92%

Numero obs 101Nivel de conf 84.00%Error(significanc 16.00%

percentil 16 16

ratio 0.55

PFAVH CELSIA MINEROSPrecio Cierre Precio Cierre Precio Cierre

-0.70% 3,745.00 4,720.00 1,820.00

-2.72% 3,755.00 4,685.00 1,800.00

-1.04% 3,720.00 4,690.00 1,795.00

-0.89% 3,760.00 4,560.00 1,795.00

1.55% 3,795.00 4,720.00 1,750.00

0.40% 3,875.00 4,760.00 1,750.00

2.40% 3,830.00 4,795.00 1,770.00

2.97% 3,850.00 4,890.00 1,770.00

-1.67% 3,900.00 5,070.00 1,795.00

-1.39% 3,870.00 5,060.00 1,795.00

1.49% 3,750.00 5,050.00 1,795.00

1.00% 3,750.00 5,080.00 1,795.00

-0.76% 3,740.00 5,200.00 1,785.00

-3.46% 3,650.00 5,000.00 1,785.00

-1.83% 3,560.00 4,970.00 1,785.00

-0.49% 3,500.00 4,900.00 1,785.00

0.33% 3,550.00 4,850.00 1,785.00

-1.54% 3,570.00 4,810.00 1,785.00

-0.33% 3,575.00 4,800.00 1,785.00

-1.41% 3,495.00 4,850.00 1,785.00

0.76% 3,400.00 -10.15% 4,770.00 1.05% 1,700.00 -7.06%-3.25% 3,480.00 -7.90% 4,835.00 3.10% 1,620.00 -11.11%0.34% 3,425.00 -8.61% 4,740.00 1.05% 1,620.00 -10.80%

-0.09% 3,385.00 -11.08% 4,770.00 4.40% 1,620.00 -10.80%-0.52% 3,450.00 -10.00% 4,915.00 3.97% 1,620.00 -8.02%-1.64% 3,430.00 -12.97% 4,800.00 0.83% 1,620.00 -8.02%-0.26% 3,365.00 -13.82% 4,800.00 0.10% 1,620.00 -9.26%-0.26% 3,390.00 -13.57% 4,700.00 -4.04% 1,620.00 -9.26%-0.44% 3,330.00 -17.12% 4,655.00 -8.92% 1,560.00 -15.06%-0.18% 3,300.00 -17.27% 4,545.00 -11.33% 1,495.00 -20.07%1.60% 3,205.00 -17.00% 4,510.00 -11.97% 1,505.00 -19.27%0.17% 3,255.00 -15.21% 4,400.00 -15.45% 1,560.00 -15.06%

-0.09% 3,330.00 -12.31% 4,400.00 -18.18% 1,560.00 -14.42%-0.44% 3,330.00 -9.61% 4,375.00 -14.29% 1,460.00 -22.26%0.97% 3,400.00 -4.71% 4,315.00 -15.18% 1,465.00 -21.84%

-0.35% 3,345.00 -4.63% 4,300.00 -13.95% 1,470.00 -21.43%0.00% 3,350.00 -5.97% 4,365.00 -11.11% 1,425.00 -25.26%0.79% 3,350.00 -6.57% 4,380.00 -9.82% 1,425.00 -25.26%

-1.90% 3,330.00 -7.36% 4,390.00 -9.34% 1,440.00 -23.96%-0.88% 3,260.00 -7.21% 4,380.00 -10.73% 1,445.00 -23.53%-3.29% 3,185.00 -6.75% 4,395.00 -8.53% 1,400.00 -21.43%-1.01% 3,220.00 -8.07% 4,370.00 -10.64% 1,400.00 -15.71%0.37% 3,300.00 -3.79% 4,200.00 -12.86% 1,420.00 -14.08%2.87% 3,465.00 2.31% 4,120.00 -15.78% 1,400.00 -15.71%

-0.63% 3,460.00 0.29% 4,260.00 -15.38% 1,405.00 -15.30%-0.27% 3,460.00 0.87% 4,300.00 -11.63% 1,405.00 -15.30%0.82% 3,400.00 1.03% 4,350.00 -10.34% 1,450.00 -11.72%2.43% 3,390.00 0.00% 4,325.00 -8.67% 1,445.00 -12.11%0.35% 3,350.00 0.60% 4,235.00 -9.92% 1,445.00 -7.96%0.88% 3,315.00 0.45% 4,260.00 -6.69% 1,450.00 -3.10%

-1.48% 3,310.00 3.17% 4,345.00 -3.80% 1,450.00 -3.79%-0.71% 3,300.00 1.36% 4,360.00 -0.92% 1,465.00 -6.48%-1.60% 3,350.00 0.60% 4,300.00 -2.33% 1,465.00 -6.48%-1.63% 3,370.00 1.19% 4,260.00 -2.70% 1,480.00 1.35%0.09% 3,330.00 -2.10% 4,260.00 -1.29% 1,490.00 1.68%0.92% 3,415.00 2.05% 4,265.00 -0.82% 1,475.00 0.34%0.00% 3,430.00 2.33% 4,300.00 -1.51% 1,475.00 3.39%1.27% 3,595.00 6.82% 4,310.00 -1.62% 1,475.00 3.39%2.33% 3,620.00 8.01% 4,425.00 0.79% 1,555.00 7.40%

-0.88% 3,500.00 6.86% 4,395.00 0.34% 1,555.00 7.07%-2.04% 3,500.00 9.00% 4,330.00 -1.50% 1,615.00 13.31%-2.53% 3,440.00 6.40% 4,320.00 -1.16% 1,675.00 16.42%3.99% 3,340.00 1.20% 4,220.00 0.47% 1,720.00 17.44%

-1.07% 3,325.00 -4.21% 4,220.00 2.37% 1,720.00 18.60%0.09% 3,335.00 -3.75% 4,200.00 -1.43% 1,720.00 18.31%

-1.35% 3,250.00 -6.46% 4,180.00 -2.87% 1,705.00 17.60%0.27% 3,175.00 -7.09% 4,005.00 -8.61% 1,710.00 15.20%3.73% 3,040.00 -11.51% 4,030.00 -7.32% 1,715.00 15.74%

-5.26% 3,160.00 -6.01% 4,175.00 -1.44% 1,750.00 17.43%-1.39% 3,100.00 -6.94% 4,195.00 -1.55% 1,770.00 18.08%

-11.27% 3,120.00 -6.09% 4,190.00 -3.70% 1,770.00 18.08%0.32% 3,085.00 -6.97% 4,135.00 -5.44% 1,770.00 17.23%2.85% 3,000.00 -11.67% 4,060.00 -5.91% 1,770.00 17.23%0.00% 2,915.00 -15.61% 4,000.00 -6.50% 1,770.00 16.38%4.62% 2,915.00 -14.24% 4,000.00 -6.50% 1,770.00 15.82%

-2.45% 2,880.00 -18.58% 3,950.00 -7.97% 1,770.00 16.67%1.01% 2,745.00 -24.95% 4,000.00 -7.50% 1,770.00 16.67%0.40% 2,740.00 -31.20% 3,985.00 -8.16% 1,795.00 17.83%

-0.20% 2,590.00 -39.77% 3,950.00 -12.03% 1,795.00 13.37%-2.88% 2,500.00 -40.00% 4,000.00 -9.88% 1,800.00 13.61%-4.91% 2,445.00 -43.15% 3,940.00 -9.90% 1,800.00 10.28%-3.98% 2,520.00 -36.51% 3,930.00 -9.92% 1,800.00 6.94%-7.05% 2,575.00 -29.71% 3,900.00 -8.21% 1,800.00 4.44%-7.83% 2,425.00 -37.11% 3,780.00 -11.64% 1,870.00 8.02%-1.31% 2,270.00 -46.92% 3,465.00 -21.21% 1,920.00 10.42%-3.84% 2,320.00 -40.09% 3,320.00 -25.90% 1,960.00 13.01%3.31% 2,295.00 -38.34% 3,180.00 -25.94% 1,960.00 12.76%4.00% 2,290.00 -32.75% 3,350.00 -20.30% 1,930.00 11.14%7.56% 2,275.00 -38.90% 3,390.00 -23.16% 1,940.00 9.79%

-2.26% 2,240.00 -38.39% 3,450.00 -21.59% 1,920.00 7.81%

-2.93% 2,220.00 -40.54% 3,500.00 -19.71% 1,960.00 9.69%3.64% 2,195.00 -40.55% 3,550.00 -16.48% 1,960.00 9.69%

-0.85% 2,220.00 -35.14% 3,740.00 -8.56% 1,900.00 6.84%2.08% 2,200.00 -32.50% 3,840.00 -4.17% 1,900.00 6.84%

-2.16% 2,240.00 -30.13% 3,800.00 -5.26% 1,950.00 9.23%1.59% 2,290.00 -25.76% 3,770.00 -4.77% 1,950.00 9.23%

-3.01% 2,240.00 -22.54% 3,755.00 -6.52% 1,950.00 9.23%0.37% 2,190.00 -25.11% 3,915.00 -1.79% 1,950.00 7.95%

-0.37% 2,140.00 -21.03% 3,935.00 -0.38% 1,920.00 6.51%0.00% 2,125.00 -17.65% 3,890.00 -2.83% 1,950.00 7.69%

-0.62% 2,150.00 -13.72% 3,900.00 -1.03% 1,950.00 7.69%1.00% 2,145.00 -17.48% 3,900.00 -0.77% 1,950.00 7.69%

-4.08% 2,185.00 -17.85% 3,930.00 0.76% 1,950.00 7.69%0.65% 2,135.00 -13.58% 3,880.00 2.58% 1,950.00 4.10%

-3.21% 2,125.00 -6.82% 3,755.00 7.72% 1,975.00 2.78%-2.65% 2,050.00 -13.17% 3,750.00 11.47% 1,930.00 -1.55%-3.27% 1,940.00 -18.30% 3,700.00 14.05% 1,930.00 -1.55%-4.36% 1,900.00 -20.53% 3,700.00 9.46% 1,920.00 -0.52%-4.26% 1,930.00 -17.88% 3,700.00 8.38% 1,900.00 -2.11%0.61% 1,850.00 -21.08% 3,700.00 6.76% 1,900.00 -1.05%1.22% 1,815.00 -22.31% 3,655.00 4.24% 1,900.00 -3.16%

-2.71% 1,845.00 -18.97% 3,570.00 0.56% 1,900.00 -3.16%-5.12% 1,810.00 -22.65% 3,540.00 -5.65% 1,850.00 -2.70%5.88% 1,775.00 -23.94% 3,500.00 -9.71% 1,850.00 -2.70%7.56% 1,785.00 -25.49% 3,500.00 -8.57% 1,850.00 -5.41%7.46% 1,740.00 -31.61% 3,570.00 -5.60% 1,950.00 0.00%

-0.40% 1,860.00 -20.43% 3,595.00 -4.45% 1,875.00 -4.00%0.54% 1,945.00 -12.60% 3,590.00 -9.05% 2,000.00 2.50%

-0.40% 1,920.00 -11.46% 3,590.00 -9.61% 2,000.00 4.00%-1.61% 1,830.00 -16.12% 3,600.00 -8.06% 1,980.00 1.52%

-100.00% 1,855.00 -15.90% 3,540.00 -10.17% 2,000.00 2.50%

13.64% 7.77% 12.51%-14.74% -6.10% 0.74%

- 1.08 - 0.78 0.06

DÓLAR VARIACION DIARIA-1.10% 2534.63 1.61% 4/16/2015

-0.28% 2493.93 -0.04% 4/17/2015

0.00% 2495.01 0.32% 4/18/2015

-2.51% 2487.07 0.73% 4/19/2015

0.00% 2469.03 -0.79% 4/20/2015

1.14% 2488.5 0.69% 4/21/2015

0.00% 2471.21 0.41% 4/22/2015

1.41% 2461.17 1.68% 4/23/2015

0.00% 2419.81 1.09% 4/24/2015

0.00% 2393.42 0.22% 4/25/2015

0.00% 2388.06 -0.23% 4/26/2015

-0.56% 2393.58 -0.61% 4/27/2015

0.00% 2408.17 0.89% 4/28/2015

0.00% 2386.72 1.02% 4/29/2015

0.00% 2362.41 -0.29% 4/30/2015

0.00% 2369.23 0.37% 5/1/2015

0.00% 2360.58 -0.89% 5/2/2015

0.00% 2381.53 -0.22% 5/3/2015

0.00% 2386.77 0.37% 5/4/2015

-4.76% 2377.87 -0.49% 5/5/2015

-4.71% 2389.49 -1.15% 5/6/2015

0.00% 2417.01 -2.42% 5/7/2015

0.00% 2475.45 -1.13% 5/8/2015

0.00% 2503.37 0.56% 5/9/2015

0.00% 2489.39 -0.44% 5/10/2015

0.00% 2500.22 0.00% 5/11/2015

0.00% 2500.22 -1.69% 5/12/2015

-3.70% 2542.53 -0.22% 5/13/2015

-4.17% 2548.13 -0.07% 5/14/2015

0.67% 2549.97 0.63% 5/15/2015

3.65% 2533.79 -0.61% 5/16/2015

0.00% 2549.29 -0.20% 5/17/2015

-6.41% 2554.44 -0.68% 5/18/2015

0.34% 2571.92 -0.65% 5/19/2015

0.34% 2588.56 -1.36% 5/20/2015

-3.06% 2623.66 2.08% 5/21/2015

0.00% 2569.17 1.80% 5/22/2015

1.05% 2523 -0.62% 5/23/2015

0.35% 2538.55 0.10% 5/24/2015

-3.11% 2535.91 0.17% 5/25/2015

0.00% 2531.72 -0.74% 5/26/2015

1.43% 2550.43 0.85% 5/27/2015

-1.41% 2528.85 -0.77% 5/28/2015

0.36% 2548.2 0.41% 5/29/2015

1 8 15 22 29 36 43 50 57 64 71 78 85 92 99 106113120.00

2,000.00

4,000.00

6,000.00

8,000.00

10,000.00

12,000.00

14,000.00

f(x) = − 27.3433139141038 x + 10981.826446281R² = 0.244401290398535

PREC

1 8 15 22 29 36 43 50 57 64 71 78 85 92 99 106113120.00

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

30,000.00

f(x) = − 105.703969651809 x + 26778.0247933884R² = 0.894864714946177

EXITO

0 20 40 60 80 100 120 140.00

500.00

1,000.00

1,500.00

2,000.00

2,500.00

f(x) = 2.98794201327733 x + 1547.85950413223R² = 0.320119033630039

MINEROS

0.00% 2537.68 -0.51% 5/30/2015

3.20% 2550.74 -0.62% 5/31/2015

-0.34% 2566.66 0.41% 6/1/2015

0.00% 2556.21 -1.13% 6/2/2015

0.35% 2585.11 -0.52% 6/3/2015

0.00% 2598.68 -1.08% 6/4/2015

1.03% 2626.8 0.11% 6/5/2015

0.00% 2623.91 -0.73% 6/6/2015

1.02% 2642.97 -0.85% 6/7/2015

0.68% 2665.41 -0.93% 6/8/2015

-1.01% 2690.15 -0.02% 6/9/2015

0.00% 2690.79 0.74% 6/10/2015

0.00% 2670.79 0.13% 6/11/2015

5.42% 2667.37 -0.98% 6/12/2015

0.00% 2693.54 0.20% 6/13/2015

3.86% 2688.2 -0.92% 6/14/2015

3.72% 2713.04 -0.52% 6/15/2015

2.69% 2727.23 -0.90% 6/16/2015

0.00% 2751.88 -0.48% 6/17/2015

0.00% 2765.1 -0.91% 6/18/2015

-0.87% 2790.26 -0.61% 6/19/2015

0.29% 2807.36 -1.78% 6/20/2015

0.29% 2857.46 0.12% 6/21/2015

2.04% 2854.13 -0.05% 6/22/2015

1.14% 2855.44 0.00% 6/23/2015

0.00% 2855.32 -0.38% 6/24/2015

0.00% 2866.04 0.12% 6/25/2015

0.00% 2862.51 -1.41% 6/26/2015

0.00% 2902.98 -0.14% 6/27/2015

0.00% 2906.95 -1.34% 6/28/2015

0.00% 2945.97 -0.32% 6/29/2015

0.00% 2955.31 1.42% 6/30/2015

1.41% 2913.45 -1.05% 7/1/2015

0.00% 2943.97 0.22% 7/2/2015

0.28% 2937.63 -0.97% 7/3/2015

0.00% 2966.12 -0.57% 7/4/2015

0.00% 2983.12 -0.68% 7/5/2015

0.00% 3003.35 -0.79% 7/6/2015

3.89% 3027.2 -0.87% 7/7/2015

2.67% 3053.65 -1.60% 7/8/2015

2.08% 3102.6 -3.41% 7/9/2015

0.00% 3208.37 0.44% 7/10/2015

-1.53% 3194.24 -1.39% 7/11/2015

0.52% 3238.51 1.33% 7/12/2015

-1.03% 3195.47 2.95% 7/13/2015

2.08% 3101.1 0.68% 7/14/2015

1 8 15 22 29 36 43 50 57 64 71 78 85 92 99 106113120.00

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

30,000.00

f(x) = − 105.703969651809 x + 26778.0247933884R² = 0.894864714946177

EXITO

0.00% 3079.97 -0.44% 7/15/2015

-3.06% 3093.64 -1.57% 7/16/2015

0.00% 3142.34 0.71% 7/17/2015

2.63% 3119.93 0.20% 7/18/2015

0.00% 3113.55 0.00% 7/19/2015

0.00% 3113.55 -0.80% 7/20/2015

0.00% 3138.46 1.05% 7/21/2015

-1.54% 3105.4 0.80% 7/22/2015

1.56% 3080.57 2.19% 7/23/2015

0.00% 3012.96 -0.65% 7/24/2015

0.00% 3032.59 0.24% 7/25/2015

0.00% 3025.28 1.20% 7/26/2015

0.00% 2989.04 0.47% 7/27/2015

1.28% 2975.13 -0.33% 7/28/2015

-2.28% 2984.9 -0.56% 7/29/2015

0.00% 3001.68 -2.13% 7/30/2015

-0.52% 3065.74 -1.09% 7/31/2015

-1.04% 3099.28 -1.16% 8/1/2015

0.00% 3135.17 1.75% 8/2/2015

0.00% 3080.44 -0.54% 8/3/2015

0.00% 3096.98 -0.81% 8/4/2015

-2.63% 3121.94 1.13% 8/5/2015

0.00% 3086.75 0.81% 8/6/2015

0.00% 3061.85 0.88% 8/7/2015

5.41% 3034.9 2.10% 8/8/2015

-3.85% 2971.15 1.93% 8/9/2015

6.67% 2913.74 0.75% 8/10/2015

0.00% 2891.91 0.16% 8/11/2015

-1.00% 2887.21 1.09% 8/12/2015

1.01% 2855.74 -1.92% 8/13/2015

-100.00% 2910.7 100.00% 8/14/2015

1 8 15 22 29 36 43 50 57 64 71 78 85 92 99 106113120.00

2,000.00

4,000.00

6,000.00

8,000.00

10,000.00

12,000.00

14,000.00

f(x) = − 27.3433139141038 x + 10981.826446281R² = 0.244401290398535

PREC

1 8 15 22 29 36 43 50 57 64 71 78 85 92 99 106113120.00

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

30,000.00

f(x) = − 105.703969651809 x + 26778.0247933884R² = 0.894864714946177

EXITO

0 20 40 60 80 100 120 140.00

500.00

1,000.00

1,500.00

2,000.00

2,500.00

f(x) = 2.98794201327733 x + 1547.85950413223R² = 0.320119033630039

MINEROS

1 8 15 22 29 36 43 50 57 64 71 78 85 92 99 106113120.00

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

30,000.00

f(x) = − 105.703969651809 x + 26778.0247933884R² = 0.894864714946177

EXITO

metodologia para determinacion de la mezcla optima de un portafolio

FECHA DE COMPRA EMISORES RESNTABILIDAD RIESGO DE MERCADO10/15/2015 PREC 0.44% 30.68%10/15/2015 ÉXITO -10.19% 8.61%10/15/2015 MINEROS 2.30% 12.54%

PROMEDIO2.00% 85.46%2.00%

SHARPE RATIO 0.0234170876CORRELACIONES DE PEARSONPREC / ÉXITO 0.19PREC / MINEROS 0.15ÉXITO / MINEROS 0.05

PREC ÉXITOPREC 30.68% 0.00%

RIESGO ÉXITO 0.00% 8.61%MINEROS 0.00% 0.00%

PREC ÉXITOPREC 0.3068 0.0583

RIESGO * CORRELACIONES (E*C) ÉXITO 0.0164 0.0861MINEROS 0.0188 0.0063

% PARTICIPACION PREC ÉXITO16.06% 0.00%

% PARTICIPACION 0.7304 0.7304

0.7304066333680.854638305582

N. DE ACCIONES PRECIO UNITARIO MONTO TOTAL COMISION IVA 10,000 $ 7,300 $ 73,000,000 $ 730,000 $ 116,800 6,000 $ 14,080 $ 84,480,000 $ 844,800 $ 135,168

40,000 $ 1,980 $ 79,200,000 $ 792,000 $ 126,720 56,000 $ 23,360.00 $ 236,680,000.00 $ 2,366,800.00 $ 378,688.00

MINEROS PREC ÉXITO0.00% PREC 1 0.190.00% CORRELACIONES ÉXITO 0.19 1

12.54% MINEROS 0.15 0.05

MINEROS PREC ÉXITO0.0460 PREC 0.09413 0.005020.0043 (E*C)*RIESGO ÉXITO 0.00502 0.007410.1254 MINEROS 0.00577 0.00054

MINEROS % PARTICIPACION PREC 16.06%83.94% ÉXITO 0.00%

MINEROS 83.94%0.7304

VALOR NETO % PARTICIPACION $ 73,846,800 16.06% $ 85,459,968 0.00% $ 80,118,720 83.94% $ 239,425,488.00 100% 15.45% PROMEDIO RIESGO DE PORTAFOLIO

MINEROS0.150.05

1

MINEROS0.005770.000540.01573

MINEROSfecha Precio Cierre DÓLAR VARIACION DIARIA

16/04/2015 00:00:00 1,820.00 1.10% 2534.63 1.61%17/04/2015 00:00:00 1,800.00 0.28% 2493.93 -0.04%20/04/2015 00:00:00 1,795.00 0.00% 2495.01 0.32%21/04/2015 00:00:00 1,795.00 2.51% 2487.07 0.73%22/04/2015 00:00:00 1,750.00 0.00% 2469.03 -0.79%23/04/2015 00:00:00 1,750.00 -1.14% 2488.5 0.69%24/04/2015 00:00:00 1,770.00 0.00% 2471.21 0.41%27/04/2015 00:00:00 1,770.00 -1.41% 2461.17 1.68%28/04/2015 00:00:00 1,795.00 0.00% 2419.81 1.09%29/04/2015 00:00:00 1,795.00 0.00% 2393.42 0.22%30/04/2015 00:00:00 1,795.00 0.00% 2388.06 -0.23%04/05/2015 00:00:00 1,795.00 0.56% 2393.58 -0.61%05/05/2015 00:00:00 1,785.00 0.00% 2408.17 0.89%06/05/2015 00:00:00 1,785.00 0.00% 2386.72 1.02%07/05/2015 00:00:00 1,785.00 0.00% 2362.41 -0.29%08/05/2015 00:00:00 1,785.00 0.00% 2369.23 0.37%11/05/2015 00:00:00 1,785.00 0.00% 2360.58 -0.89%12/05/2015 00:00:00 1,785.00 0.00% 2381.53 -0.22%13/05/2015 00:00:00 1,785.00 0.00% 2386.77 0.37%14/05/2015 00:00:00 1,785.00 4.76% 2377.87 -0.49%15/05/2015 00:00:00 1,700.00 4.71% 2389.49 -1.15%19/05/2015 00:00:00 1,620.00 0.00% 2417.01 -2.42%20/05/2015 00:00:00 1,620.00 0.00% 2475.45 -1.13%21/05/2015 00:00:00 1,620.00 0.00% 2503.37 0.56%22/05/2015 00:00:00 1,620.00 0.00% 2489.39 -0.44%25/05/2015 00:00:00 1,620.00 0.00% 2500.22 0.00%26/05/2015 00:00:00 1,620.00 0.00% 2500.22 -1.69%27/05/2015 00:00:00 1,620.00 3.70% 2542.53 -0.22%28/05/2015 00:00:00 1,560.00 4.17% 2548.13 -0.07%29/05/2015 00:00:00 1,495.00 -0.67% 2549.97 0.63%01/06/2015 00:00:00 1,505.00 -3.65% 2533.79 -0.61%02/06/2015 00:00:00 1,560.00 0.00% 2549.29 -0.20%03/06/2015 00:00:00 1,560.00 6.41% 2554.44 -0.68%04/06/2015 00:00:00 1,460.00 -0.34% 2571.92 -0.65%05/06/2015 00:00:00 1,465.00 -0.34% 2588.56 -1.36%09/06/2015 00:00:00 1,470.00 3.06% 2623.66 2.08%10/06/2015 00:00:00 1,425.00 0.00% 2569.17 1.80%11/06/2015 00:00:00 1,425.00 -1.05% 2523 -0.62%12/06/2015 00:00:00 1,440.00 -0.35% 2538.55 0.10%16/06/2015 00:00:00 1,445.00 3.11% 2535.91 0.17%17/06/2015 00:00:00 1,400.00 0.00% 2531.72 -0.74%18/06/2015 00:00:00 1,400.00 -1.43% 2550.43 0.85%19/06/2015 00:00:00 1,420.00 1.41% 2528.85 -0.77%22/06/2015 00:00:00 1,400.00 -0.36% 2548.2 0.41%

23/06/2015 00:00:00 1,405.00 0.00% 2537.68 -0.51%24/06/2015 00:00:00 1,405.00 -3.20% 2550.74 -0.62%25/06/2015 00:00:00 1,450.00 0.34% 2566.66 0.41%26/06/2015 00:00:00 1,445.00 0.00% 2556.21 -1.13%30/06/2015 00:00:00 1,445.00 -0.35% 2585.11 -0.52%01/07/2015 00:00:00 1,450.00 0.00% 2598.68 -1.08%02/07/2015 00:00:00 1,450.00 -1.03% 2626.8 0.11%03/07/2015 00:00:00 1,465.00 0.00% 2623.91 -0.73%06/07/2015 00:00:00 1,465.00 -1.02% 2642.97 -0.85%07/07/2015 00:00:00 1,480.00 -0.68% 2665.41 -0.93%08/07/2015 00:00:00 1,490.00 1.01% 2690.15 -0.02%09/07/2015 00:00:00 1,475.00 0.00% 2690.79 0.74%10/07/2015 00:00:00 1,475.00 0.00% 2670.79 0.13%13/07/2015 00:00:00 1,475.00 -5.42% 2667.37 -0.98%14/07/2015 00:00:00 1,555.00 0.00% 2693.54 0.20%15/07/2015 00:00:00 1,555.00 -3.86% 2688.2 -0.92%16/07/2015 00:00:00 1,615.00 -3.72% 2713.04 -0.52%17/07/2015 00:00:00 1,675.00 -2.69% 2727.23 -0.90%21/07/2015 00:00:00 1,720.00 0.00% 2751.88 -0.48%22/07/2015 00:00:00 1,720.00 0.00% 2765.1 -0.91%23/07/2015 00:00:00 1,720.00 0.87% 2790.26 -0.61%24/07/2015 00:00:00 1,705.00 -0.29% 2807.36 -1.78%27/07/2015 00:00:00 1,710.00 -0.29% 2857.46 0.12%28/07/2015 00:00:00 1,715.00 -2.04% 2854.13 -0.05%29/07/2015 00:00:00 1,750.00 -1.14% 2855.44 0.00%30/07/2015 00:00:00 1,770.00 0.00% 2855.32 -0.38%31/07/2015 00:00:00 1,770.00 0.00% 2866.04 0.12%03/08/2015 00:00:00 1,770.00 0.00% 2862.51 -1.41%04/08/2015 00:00:00 1,770.00 0.00% 2902.98 -0.14%05/08/2015 00:00:00 1,770.00 0.00% 2906.95 -1.34%06/08/2015 00:00:00 1,770.00 0.00% 2945.97 -0.32%10/08/2015 00:00:00 1,770.00 0.00% 2955.31 1.42%11/08/2015 00:00:00 1,770.00 -1.41% 2913.45 -1.05%12/08/2015 00:00:00 1,795.00 0.00% 2943.97 0.22%13/08/2015 00:00:00 1,795.00 -0.28% 2937.63 -0.97%14/08/2015 00:00:00 1,800.00 0.00% 2966.12 -0.57%18/08/2015 00:00:00 1,800.00 0.00% 2983.12 -0.68%19/08/2015 00:00:00 1,800.00 0.00% 3003.35 -0.79%20/08/2015 00:00:00 1,800.00 -3.89% 3027.2 -0.87%21/08/2015 00:00:00 1,870.00 -2.67% 3053.65 -1.60%24/08/2015 00:00:00 1,920.00 -2.08% 3102.6 -3.41%25/08/2015 00:00:00 1,960.00 0.00% 3208.37 0.44%26/08/2015 00:00:00 1,960.00 1.53% 3194.24 -1.39%27/08/2015 00:00:00 1,930.00 -0.52% 3238.51 1.33%28/08/2015 00:00:00 1,940.00 1.03% 3195.47 2.95%31/08/2015 00:00:00 1,920.00 -2.08% 3101.1 0.68%

01/09/2015 00:00:00 1,960.00 0.00% 3079.97 -0.44%02/09/2015 00:00:00 1,960.00 3.06% 3093.64 -1.57%03/09/2015 00:00:00 1,900.00 0.00% 3142.34 0.71%04/09/2015 00:00:00 1,900.00 -2.63% 3119.93 0.20%07/09/2015 00:00:00 1,950.00 0.00% 3113.55 0.00%08/09/2015 00:00:00 1,950.00 0.00% 3113.55 -0.80%09/09/2015 00:00:00 1,950.00 0.00% 3138.46 1.05%10/09/2015 00:00:00 1,950.00 1.54% 3105.4 0.80%11/09/2015 00:00:00 1,920.00 -1.56% 3080.57 2.19%14/09/2015 00:00:00 1,950.00 0.00% 3012.96 -0.65%15/09/2015 00:00:00 1,950.00 0.00% 3032.59 0.24%16/09/2015 00:00:00 1,950.00 0.00% 3025.28 1.20%17/09/2015 00:00:00 1,950.00 0.00% 2989.04 0.47%18/09/2015 00:00:00 1,950.00 -1.28% 2975.13 -0.33%21/09/2015 00:00:00 1,975.00 2.28% 2984.9 -0.56%22/09/2015 00:00:00 1,930.00 0.00% 3001.68 -2.13%23/09/2015 00:00:00 1,930.00 0.52% 3065.74 -1.09%24/09/2015 00:00:00 1,920.00 1.04% 3099.28 -1.16%25/09/2015 00:00:00 1,900.00 0.00% 3135.17 1.75%28/09/2015 00:00:00 1,900.00 0.00% 3080.44 -0.54%29/09/2015 00:00:00 1,900.00 0.00% 3096.98 -0.81%30/09/2015 00:00:00 1,900.00 2.63% 3121.94 1.13%01/10/2015 00:00:00 1,850.00 0.00% 3086.75 0.81%02/10/2015 00:00:00 1,850.00 0.00% 3061.85 0.88%05/10/2015 00:00:00 1,850.00 -5.41% 3034.9 2.10%06/10/2015 00:00:00 1,950.00 3.85% 2971.15 1.93%07/10/2015 00:00:00 1,875.00 -6.67% 2913.74 0.75%08/10/2015 00:00:00 2,000.00 0.00% 2891.91 0.16%09/10/2015 00:00:00 2,000.00 1.00% 2887.21 1.09%13/10/2015 00:00:00 1,980.00 -1.01% 2855.74 -1.92%14/10/2015 00:00:00 2,000.00 100.00% 2910.7 100.00%

Riesgo de mercado 9% 9%

Rentabilidad 0.73% 0.71%

SHARPE RATO 0.07874435 0.07715685

FECHA DE COMPRA EMISORES RESNTABILIDAD RIESGO DE MERCADON. DE ACCIONES10/16/2015 MINEROS 0.73% 9.29% 10,00010/16/2015 DÓLAR 0.71% 9.16% 6,000

PROMEDIO 0.72% 0.00% 16,000

SHARPE RATIO 0

CORRELACIONES DE PEARSONMINEROS / DÓLAR 0.975

MINEROS DÓLARPREC 53.07% 0.00%

RIESGO ÉXITO 0.00% 46.93%

MINEROS DÓLARPREC 0.5307 0.0000

RIESGO * CORRELACIONES (E*C)ÉXITO 0.0000 0.4693

% PARTICIPACION MINEROS DÓLAR53.07% 46.93%

PRECIO UNITARIOMONTO TOTAL COMISION IVA VALOR NETO % PARTICIPACION $ 1,980 $ 19,800,000 $ 198,000 $ 31,680 $ 20,029,680 53.07%

2,918.50 $ 17,511,000 $ 175,110 $ 28,018 $ 17,714,128 46.93% $ 4,898.50 $ 37,311,000.00 $ 373,110.00 $ 59,697.60 $ 37,743,807.60 100%

MINEROS DÓLARPREC 1 0

CORRELACIONES ÉXITO 0 1

MINEROS DÓLARPREC 0.28162 0.00000

(E*C)*RIESGO ÉXITO 0.00000 0.22027

% PARTICIPACION MINEROS 53.07%DÓLAR 46.93%