1. ASSET MANAGEMENT PORTFOLIO ASSET MANAGEMENT PORTFOLIOSTRAINING SESSION FOR DEPT. OF FOREIGN INVESTMENTS VENUE: TIIB – HEAD OFFICE QUANTITATIVE RISK ANALYTICS DESK SYED ADEEL HUSSAIN

3. Equity Securities – Common Stocks

4. Fixed Income Securities - Sukuks

5. Equity Mutual Funds - TEF (Tadhamon Equity Fund )

8. Investment Screening

9. Investment Selection

10. Investment Allocation

11. Investment Trading and Market Timing

12. Investment Performance & Risk Review

14. Expected Return and Risk Analysis of the Investment

15. Issuer/ Firm Specific Risk and Profile

16. Business Model Evaluation and Outlook

17. Industry Outlook

19. Macroeconomic Outlook

20. Industry Outlook

21. Business Model Evaluation and Outlook

22. Firm and Issuer Specific Analysis

24. Allocation always follows selection

25. Allocation should be made to the portfolio based on factors such as:

26. Portfolio’s Market Risk to Reward Ratio

27. Expected returns of the portfolio

28. Correlation between assets

29. Overall Diversification of Portfolio

30. Weighted Cost of Funds Analysis

32. Upside Momentum Driven Trading (buying & selling during market rallying periods)

33. Bottom Fishing (buying & selling assets during or after market crash)

35. Active vs. Passive Portfolio Management

36. Active Management is done by fund managers to outperform the benchmarks and their peers in the industry

39. Compliance with all Internally approved and external regulatory procedures and policies should be check listed

41. An Actively Managed portfolio should be rebalanced as per targeted strategy

42. A Passively Managed Portfolio should not be frequently rebalanced

43. Trading costs and benefits should be analyzed at the time of increasing portfolio turnover ratio

44. An analyst should continuously trigger rebalancing only within the framework of universe of investments

45. Actual and Budgeted targets should be studied . Variances , if any , should be calculated and minimized accordingly.