Post on 01-Mar-2021
ANEXO A1: TABLAS DE RENDIMIENTOS Y DESVIACIONES ESTÁNDAR
El propósito de éste anexo es proporcionar al lector información acerca de los
resultados de las regresiones lineales, así como el resultado de la Beta y a su vez el
resultado de las pruebas de hipótesis, cuya información se utiliza en el capítulo 5.
El archivo del CD de Anexos A2 contiene la siguiente información
Anexo A1.1 Rendimientos interanuales con periodicidad mensual de todas las
SIEFORES para los años de 1999 a 2004
Anexo A1.2 Rendimiento medio del mercado utilizando el promedio de las
SIEFORES para los años de 1999 al 2004
Anexo A1.3 Rendimientos interanuales con periodicidad mensual del índice PiP –
Guber para los años del 2002 al 2004
Anexo A1.4 Rendimientos interanuales con periodicidad mensual de CETES 364 para
l los años de 1999 al 2004
Anexo A1.5 Rendimientos interanuales con periodicidad mensual de valores
gubernamentales para años del 2001 al 2004
Anexo A1.6 Rendimientos interanuales con periodicidad mensual de valores
privados para los años del 2001 al 2004
Anexo A1.7 Rendimientos interanuales con periodicidad mensual de valores
bancarios para los años del 2002 al 2004
Anexo A1.8 Rendimientos interanuales con periodicidad mensual de Certificados
Bursátiles a Corto Plazo con Tasa promedio ponderada para los años del 2002 al
2 2004
178
Anexo A1.9 Rendimientos interanuales con periodicidad mensual de los activos q q
q que componen las SIEFORES, así como sus rendimientos esperados, vv v v v
v varianzas y desviación estándar para los años del 2002 al 2004
Anexo A1.10 se muestran los porcentajes de inversión los valores en que invierten l
l las SIEFORES para los años del 2001 al 2004
Anexo A1.11 Desviación estándar obtenida por las SIEFORES para los años del 2002
a al 2004
179
1
ANEXO A1: TABLAS DE RENDIMIENTOS Y DESVIACIONES ESTÁNDAR
El propósito de éste anexo es proporcionar al lector información acerca de los
rendimientos de las SIEFORES, rendimientos y porcentajes de inversión de los activos
que la componen las carteras de las SIEFORES, así como la desviación estándar de las
carteras, cuya información se utiliza en el capítulo 4.
2
Anexo A1.1 Rendimientos interanuales con periodicidad mensual de todas las SIEFORES para los años de 1999 a 2004.
Actinver Allianz Azteca Banamex Bancomer Bancrecer Banorte Bital Garante Génesis HSBC Inbursa ING Principal GNP Santander Tepeyac XXI Zurich
Enero 25.851% 25.545% 23.718% 23.828% 25.612% 26.131% 25.042% 22.373% 24.855% 25.810% 22.960% 22.867% 23.426% 23.666%
Febrero 27.410% 27.214% 26.179% 25.818% 27.508% 28.215% 26.850% 23.695% 26.812% 27.823% 24.737% 24.734% 25.643% 25.702%
Marzo 29.106% 28.834% 28.714% 27.226% 29.110% 30.131% 28.680% 24.448% 28.360% 28.791% 26.571% 26.003% 27.416% 26.628%
Abril 29.050% 28.590% 29.026% 27.064% 29.111% 30.012% 28.363% 24.420% 28.294% 29.041% 26.353% 26.219% 27.325% 26.711%
Mayo 29.875% 29.257% 29.769% 27.746% 29.846% 30.703% 29.105% 24.684% 29.137% 29.826% 27.354% 26.810% 28.097% 27.610%
1999 Junio 30.946% 30.141% 30.581% 28.706% 30.864% 31.576% 30.121% 25.066% 29.879% 31.277% 28.636% 27.514% 29.257% 28.817%
Julio 30.932% 29.990% 30.624% 28.731% 30.857% 31.534% 29.933% 24.741% 29.783% 31.258% 28.377% 27.478% 29.285% 28.866%
Agosto 32.579% 31.327% 32.053% 30.538% 32.700% 32.912% 31.119% 25.624% 30.842% 33.215% 30.063% 28.946% 31.277% 30.497%
Septiembre 32.853% 32.600% 32.274% 31.062% 32.621% 32.785% 26.389% 31.261% 32.956% 31.501% 30.026% 32.472% 31.332%
Octubre 30.768% 30.522% 30.966% 29.628% 30.735% 31.278% 24.768% 29.819% 31.136% 29.348% 28.615% 30.797% 30.076%
Noviembre 30.140% 29.995% 29.540% 28.654% 29.889% 30.466% 24.231% 28.941% 29.923% 28.642% 27.729% 29.908% 29.135%
Diciembre 27.850% 27.309% 27.024% 26.441% 27.550% 27.718% 22.458% 26.816% 27.045% 26.119% 25.971% 27.398% 26.488%
Enero 27.363% 27.286% 26.844% 26.140% 27.184% 27.368% 21.511% 26.346% 27.235% 26.040% 25.480% 27.318% 26.364%
Febrero 26.049% 26.134% 25.321% 24.490% 25.754% 25.836% 20.286% 24.833% 25.554% 24.595% 24.045% 25.830% 24.696%
Marzo 23.853% 24.803% 24.807% 23.378% 24.519% 24.340% 19.276% 23.888% 24.024% 23.534% 22.564% 24.106% 24.569%
Abril 23.931% 24.000% 23.043% 22.691% 23.614% 23.352% 18.653% 23.065% 23.118% 22.651% 21.847% 23.823% 23.130%
Mayo 21.069% 21.065% 20.141% 20.162% 21.187% 20.286% 17.230% 20.549% 20.411% 19.802% 19.873% 21.291% 20.781%
2000 Junio 20.220% 20.045% 19.180% 19.216% 20.177% 19.501% 16.792% 19.764% 19.294% 18.874% 19.343% 20.365% 19.888%
Julio 21.862% 21.519% 20.469% 20.091% 21.352% 20.756% 17.306% 20.820% 20.928% 20.387% 20.002% 21.667% 21.110%
Agosto 21.158% 20.659% 19.525% 19.196% 20.591% 20.004% 16.863% 19.902% 19.936% 19.519% 19.315% 20.803% 20.521%
Septiembre 20.481% 19.998% 18.792% 18.399% 19.856% 19.260% 16.523% 19.244% 19.735% 18.999% 18.641% 19.519% 20.020%
Octubre 19.057% 18.522% 17.462% 17.360% 18.576% 17.894% 15.620% 18.023% 18.366% 17.678% 17.558% 18.593% 18.549%
Noviembre 18.209% 17.736% 17.052% 16.537% 17.667% 17.135% 14.975% 17.284% 17.314% 16.628% 17.101% 17.778% 17.208%
Diciembre 17.639% 16.921% 16.518% 15.929% 17.078% 16.575% 14.472% 16.596% 16.814% 16.129% 16.627% 17.224% 17.038%
3
Anexo A1.1 (Continuación)
Actinver Allianz Azteca Banamex Bancomer Bancrecer Banorte Bital Garante Génesis HSBC Inbursa ING Principal GNP Santander Tepeyac XXI Zurich
Enero 17.089% 16.192% 15.874% 15.687% 16.768% 16.027% 14.320% 16.169% 16.244% 15.491% 16.402% 16.588% 16.545%
Febrero 16.815% 15.741% 15.471% 15.410% 16.260% 15.556% 13.808% 15.653% 16.171% 15.202% 16.049% 16.121% 16.161%
Marzo 16.439% 15.385% 15.132% 14.895% 15.826% 15.247% 13.302% 15.157% 15.934% 14.790% 15.753% 15.677% 15.584%
Abril 17.789% 16.713% 16.444% 16.069% 17.021% 16.734% 13.990% 16.583% 17.004% 16.111% 16.911% 17.142% 17.012%
Mayo 21.579% 20.607% 19.803% 18.869% 20.357% 20.524% 15.761% 19.919% 20.053% 19.905% 19.766% 20.763% 20.505%
2001 Junio 21.910% 21.203% 20.321% 19.321% 21.038% 20.872% 15.771% 20.352% 20.805% 20.532% 19.947% 21.318% 21.201%
Julio 18.927% 18.320% 17.624% 17.067% 18.383% 18.153% 14.190% 17.980% 17.787% 17.629% 18.027% 18.625% 18.737%
Agosto 18.603% 18.054% 17.239% 16.553% 18.037% 17.918% 13.856% 17.560% 17.640% 17.383% 17.500% 18.278% 18.132%
Septiembre 17.185% 16.770% 15.875% 15.175% 16.718% 16.688% 13.215% 15.870% 15.791% 15.972% 15.985% 16.935% 16.677%
Octubre 18.827% 18.204% 16.818% 16.010% 18.270% 18.093% 13.487% 17.030% 16.911% 17.248% 17.122% 18.474% 18.035%
Noviembre 22.067% 21.638% 20.747% 20.057% 21.579% 21.461% 12.835% 20.743% 21.186% 20.488% 20.352% 21.716% 21.309%
Diciembre 16.497% 18.551% 18.134% 15.650% 17.546% 12.320% 17.890% 16.808% 17.082% 17.040% 16.834% 18.125% 18.039%
Enero 17.371% 19.354% 19.203% 16.204% 11.748% 18.295% 17.593% 18.088% 17.689% 17.454% 19.001% 18.806%
Febrero 16.915% 18.704% 18.618% 15.888% 11.534% 17.988% 17.245% 17.494% 17.145% 17.258% 18.440% 18.444%
Marzo 16.248% 17.981% 17.999% 15.636% 11.143% 17.542% 16.705% 16.934% 16.641% 16.769% 17.816% 17.861%
Abril 15.321% 16.871% 16.909% 15.091% 10.393% 16.703% 15.790% 15.951% 15.630% 15.969% 16.766% 16.941%
Mayo 12.826% 14.129% 14.119% 12.780% 8.942% 13.979% 13.056% 13.487% 12.856% 13.300% 13.943% 13.881%
2002 Junio 10.752% 11.933% 11.960% 10.928% 8.259% 11.867% 10.920% 11.349% 10.668% 11.192% 11.692% 11.580%
Julio 10.926% 12.014% 12.147% 11.296% 8.512% 12.106% 11.115% 11.748% 10.789% 11.398% 11.757% 11.573%
Agosto 11.495% 12.505% 12.695% 11.849% 8.555% 12.602% 11.741% 12.151% 11.444% 12.054% 12.310%
Septiembre 11.294% 12.253% 12.160% 11.648% 8.391% 12.234% 11.788% 11.895% 10.900% 12.103% 12.286%
Octubre 10.160% 10.425% 10.553% 10.411% 7.969% 10.376% 10.311% 10.626% 9.384% 10.673% 10.583%
Noviembre 10.749% 10.927% 10.933% 11.032% 8.036% 10.942% 10.836% 10.987% 9.972% 11.088% 11.058%
Diciembre 10.530% 10.956% 10.876% 10.866% 8.236% 10.903% 10.617% 10.874% 9.598% 10.817% 10.992%
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Anexo A1.1 (Continuación)
Actinver Allianz Azteca Banamex Bancomer Bancrecer Banorte Bital Garante Génesis HSBC Inbursa ING Principal GNP Santander Tepeyac XXI Zurich
Enero 8.594% 8.859% 8.738% 9.056% 7.827% 9.097% 8.584% 8.869% 7.956% 8.907% 9.159%
Febrero 8.368% 8.619% 8.433% 8.816% 7.450% 8.885% 8.275% 8.564% 7.675% 8.664% 8.947%
Marzo 9.213% 9.622% 9.489% 9.531% 7.970% 9.673% 9.123% 9.358% 8.435% 9.491% 9.727%
Abril 9.868% 10.138% 10.217% 9.886% 8.012% 10.244% 9.792% 10.077% 9.042% 10.403%
Mayo 11.371% 11.356% 11.687% 11.655% 8.272% 11.584% 11.306% 11.815% 10.501% 11.812%
2003 Junio 13.034% 13.071% 13.285% 13.102% 8.445% 13.134% 12.935% 13.318% 12.139% 13.555%
Julio 11.875% 12.262% 12.066% 12.025% 7.937% 12.062% 11.733% 12.040% 11.242% 12.744%
Agosto 11.634% 11.990% 11.830% 11.742% 7.764% 11.849% 11.494% 11.797% 10.904% 12.357%
Septiembre 13.187% 13.982% 13.741% 13.498% 8.329% 13.647% 13.269% 13.670% 12.820% 13.841%
Octubre 13.217% 14.325% 13.724% 13.553% 8.033% 13.654% 13.294% 13.697% 12.841% 13.807%
Noviembre 11.503% 12.705% 11.984% 11.760% 7.535% 11.851% 11.481% 11.896% 11.080% 12.047%
Diciembre 10.325% 11.307% 10.552% 10.651% 6.919% 10.617% 10.324% 10.646% 9.897% 10.733%
Enero 12.798% 12.106% 12.014% 11.946% 7.281% 12.167% 11.844% 11.996% 11.441% 12.339%
Febrero 12.064% 11.571% 11.184% 11.334% 7.060% 11.454% 11.204% 11.169% 10.752% 11.697%
Marzo 8.252% 10.766% 10.619% 10.361% 10.486% 6.831% 10.611% 10.284% 10.230% 9.929% 10.929%
Abril 8.815% 6.355% 6.784% 7.784% 7.191% 7.117% 6.309% 7.688% 7.052% 6.919% 6.709% 7.606%
Mayo 7.537% 6.358% 5.855% 6.238% 5.399% 5.716% 6.224% 6.436% 5.583% 5.232% 5.218% 6.179%
2004 Junio 6.750% 6.081% 4.147% 5.009% 4.135% 4.221% 6.069% 5.122% 4.357% 3.857% 3.797% 4.682%
Julio 7.537% 6.358% 5.855% 6.238% 5.399% 5.716% 6.590% 6.436% 5.583% 5.232% 5.218% 6.179%
Agosto 7.840% 6.911% 5.763% 6.322% 5.186% 5.515% 6.892% 6.257% 5.713% 5.176% 5.049% 5.883%
Septiembre 7.340% 6.756% 5.836% 6.026% 4.944% 5.353% 6.735% 6.000% 5.442% 5.144% 4.742% 5.687%
Octubre 7.194% 6.768% 5.977% 6.145% 4.795% 5.208% 6.866% 5.972% 5.463% 5.239% 4.715% 5.800%
Noviembre 7.503% 6.990% 6.020% 6.413% 5.363% 5.648% 7.116% 6.408% 5.870% 5.579% 5.105% 6.141%
Diciembre 8.366% 7.494% 6.902% 7.177% 5.831% 6.208% 7.476% 7.106% 6.554% 6.204% 5.763% 6.846%
Fuente: Elaboración Propia.
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Anexo A1.2 Rendimiento medio del mercado utilizando el promedio de las SIEFORES para los años de 1999 al 2004.
Promedio de AFORES Promedio de AFORES Enero 24.406% Enero 17.567% Febrero 26.310% Febrero 17.140% Marzo 27.858% Marzo 16.606% Abril 27.827% Abril 15.695% Mayo 28.558% Mayo 13.108%
1999 Junio 29.527% 2002 Junio 11.092% Julio 29.456% Julio 11.282% Agosto 30.978% Agosto 11.764% Septiembre 31.549% Septiembre 11.541% Octubre 29.881% Octubre 10.134% Noviembre 29.015% Noviembre 10.596% Diciembre 26.630% Diciembre 10.479% Enero 26.344% Enero 8.695% Febrero 24.879% Febrero 8.427% Marzo 23.666% Marzo 9.239% Abril 22.840% Abril 9.768% Mayo 20.296% Mayo 11.136%
2000 Junio 19.435% 2003 Junio 12.602% Julio 20.636% Julio 11.599% Agosto 19.846% Agosto 11.336% Septiembre 19.190% Septiembre 12.998% Octubre 17.943% Octubre 13.014% Noviembre 17.125% Noviembre 11.384% Diciembre 16.582% Diciembre 10.197% Enero 16.107% Enero 11.593% Febrero 15.724% Febrero 10.949% Marzo 15.317% Marzo 9.936% Abril 16.579% Abril 7.194% Mayo 19.878% Mayo 5.998%
2001 Junio 20.353% 2004 Junio 4.852% Julio 17.804% Julio 6.028% Agosto 17.442% Agosto 6.042% Septiembre 16.066% Septiembre 5.834% Octubre 17.271% Octubre 5.845% Noviembre 20.475% Noviembre 6.180% Diciembre 16.963% Diciembre 6.827%
Fuente: Elaboración propia.
6
Anexo A1.3 Rendimientos interanuales con periodicidad mensual del índice PiP – Guber para los años del 2002 al 2004.
PiP-Guber Enero 15.688% Febrero 14.889% Marzo 14.146% Abril 13.129% Mayo 11.778%
2002 Junio 10.387% Julio 10.437% Agosto 11.039% Septiembre 10.530% Octubre 9.880% Noviembre 10.064% Diciembre 9.907% Enero 9.050% Febrero 8.903% Marzo 9.128% Abril 9.968% Mayo 10.620%
2003 Junio 11.359% Julio 10.593% Agosto 10.286% Septiembre 11.308% Octubre 10.957% Noviembre 9.763% Diciembre 9.227% Enero 9.948% Febrero 9.374% Marzo 9.017% Abril 6.944% Mayo 5.867%
2004 Junio 5.341% Julio 6.122% Agosto 6.108% Septiembre 5.878% Octubre 6.083% Noviembre 6.531% Diciembre 7.233%
Fuente: Elaboración propia.
7
Anexo A1.4 Rendimientos interanuales con periodicidad mensual de CETES 364 para los años de 1999 al 2004.
CETES 364 CETES 364
Enero 31.180% Enero 9.070% Febrero 28.183% Febrero 9.110% Marzo 24.996% Marzo 8.000% Abril 23.185% Abril 7.340% Mayo 22.668% Mayo 7.710%
1999 Junio 23.475% 2002 Junio 8.120% Julio 23.493% Julio 8.760% Agosto 25.460% Agosto 8.560% Septiembre 23.960% Septiembre 8.480%
Octubre 22.765% Octubre 9.650%
Noviembre 20.545% Noviembre 9.170% Diciembre 18.683% Diciembre 8.380%
Enero 18.820% Enero 9.840% Febrero 17.270% Febrero 9.160% Marzo 15.890% Marzo 9.120% Abril 17.040% Abril 8.300% Mayo 17.610% Mayo 6.600%
2000 Junio 16.880% 2003 Junio 6.490%
Julio 15.840% Julio 6.590% Agosto 16.950% Agosto 6.610% Septiembre 16.110% Septiembre 6.310% Octubre 16.660% Octubre 5.915% Noviembre 17.060% Noviembre 6.420% Diciembre 16.920% Diciembre 6.950%
Enero 17.890% Enero 5.750% Febrero 17.930% Febrero 6.260% Marzo 16.680% Marzo 6.660%
Abril 15.430% Abril 6.180% Mayo 14.240% Mayo 8.060%
2001 Junio 11.940% 2004 Junio 8.230% Julio 12.820% Julio 8.220% Agosto 11.440% Agosto 8.550% Septiembre 12.490% Septiembre 8.550% Octubre 12.780% Octubre 8.670% Noviembre 11.410% Noviembre 9.080% Diciembre 10.080% Diciembre 8.580%
Fuente: Elaboración propia.
8
Anexo A1.5 Rendimientos interanuales con periodicidad mensual de valores gubernamentales para años del 2001 al 2004.
PIP- GUBER BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91 BONDES
Enero 17.570%
Febrero 16.680%
Marzo 15.980%
Abril 14.800%
Mayo 12.150%
2001 Junio 9.370%
Julio 9.370%
Agosto 7.430%
Septiembre 8.500%
Octubre 7.980%
Noviembre 7.310%
Diciembre 6.380%
Enero 15.688% 18.399% 29.747% 19.118% 12.182% 14.815% 14.755% 12.393% 23.185% 14.602% 12.393% 15.688% -2.943% 7.000% 14.602% 14.602%
Febrero 14.889% 17.036% 28.982% 20.694% 10.610% 13.897% 14.078% 11.301% 24.778% 13.356% 11.301% 14.889% 0.783% 7.990% 13.356% 13.356%
Marzo 14.146% 16.107% 27.950% 19.838% 9.898% 13.088% 13.247% 10.503% 24.077% 12.628% 10.503% 14.146% 4.548% 7.490% 12.628% 12.628%
Abril 13.129% 13.717% 26.102% 20.047% 8.577% 12.070% 12.394% 9.185% 23.320% 11.081% 9.185% 13.129% 12.773% 5.380% 11.081% 11.081%
Mayo 11.778% 11.994% 22.071% 15.971% 8.246% 10.750% 10.850% 8.772% 16.802% 10.310% 8.772% 11.778% 20.938% 7.000% 10.310% 10.310%
2002 Junio 10.387% 10.738% 17.455% 13.504% 7.687% 9.518% 9.607% 8.261% 12.100% 9.545% 8.261% 10.387% 24.906% 7.210% 9.545% 9.545%
Julio 10.437% 10.790% 17.433% 13.938% 7.838% 9.521% 9.449% 8.339% 12.326% 9.431% 8.339% 10.437% 14.488% 6.860% 9.431% 9.431%
Agosto 11.039% 10.481% 20.689% 14.981% 8.085% 9.588% 9.601% 8.633% 13.394% 9.871% 8.633% 11.039% 15.198% 6.480% 9.871% 9.871%
Septiembre 10.530% 10.688% 18.085% 14.569% 8.080% 9.251% 8.994% 8.815% 10.839% 9.931% 8.815% 10.530% 14.584% 6.990% 9.931% 9.931%
Octubre 9.880% 9.792% 14.565% 13.905% 7.887% 8.804% 8.555% 8.898% 12.323% 9.290% 8.898% 9.880% 19.219% 7.360% 9.290% 9.290%
Noviembre 10.064% 9.216% 15.338% 14.639% 8.087% 8.754% 8.442% 8.740% 14.332% 9.453% 8.740% 10.064% 21.177% 7.080% 9.453% 9.453%
Diciembre 9.907% 9.720% 13.989% 15.054% 8.251% 8.390% 7.905% 8.594% 15.273% 8.714% 8.594% 9.907% 29.678% 7.160% 8.714% 8.714%
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Anexo A1.5 (Continuación)
PIP- GUBER BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91 BONDES
Enero 9.050% 8.191% 10.759% 11.806% 8.293% 8.277% 8.109% 8.772% 13.008% 8.689% 8.772% 9.050% 37.352% 8.090% 8.689% 8.689%
Febrero 8.903% 8.261% 10.026% 11.630% 8.443% 8.140% 7.881% 8.782% 12.212% 8.415% 8.782% 8.903% 37.536% 8.840% 8.415% 8.415%
Marzo 9.128% 8.340% 10.325% 13.153% 8.405% 8.125% 7.993% 8.764% 13.376% 8.363% 8.764% 9.128% 41.592% 8.840% 8.363% 8.363%
Abril 9.968% 9.289% 12.543% 12.830% 8.735% 8.553% 8.222% 9.131% 13.453% 8.859% 9.131% 9.968% 30.216% 7.560% 8.859% 8.859%
Mayo 10.620% 9.675% 14.936% 13.966% 8.517% 8.950% 8.809% 8.963% 15.363% 8.992% 8.963% 10.620% 29.310% 4.950% 8.992% 8.992%
2003 Junio 11.359% 10.011% 17.963% 16.447% 8.310% 9.338% 9.358% 8.895% 19.641% 9.164% 8.895% 11.359% 27.486% 5.050% 9.164% 9.164%
Julio 10.593% 9.137% 16.057% 16.320% 8.047% 8.814% 8.762% 8.460% 8.946% 19.595% 8.932% 8.460% 10.593% 26.024% 4.310% 8.932% 8.932%
Agosto 10.286% 8.856% 15.737% 15.795% 7.518% 8.417% 8.385% 8.172% 8.968% 18.568% 8.518% 8.172% 10.286% 26.005% 4.050% 8.518% 8.518%
Septiembre 11.308% 9.884% 20.054% 17.544% 7.353% 8.725% 8.729% 8.135% 9.752% 23.077% 8.630% 8.135% 11.308% 28.301% 4.180% 8.630% 8.630%
Octubre 10.957% 9.586% 19.517% 16.696% 7.100% 8.359% 8.178% 7.827% 9.430% 20.110% 8.309% 7.827% 10.957% 25.912% 4.960% 8.309% 8.309%
Noviembre 9.763% 8.763% 15.774% 15.218% 6.858% 7.521% 7.447% 7.491% 8.771% 17.849% 7.743% 7.491% 9.763% 28.523% 4.820% 7.743% 7.743%
Diciembre 9.227% 8.095% 13.604% 14.438% 6.803% 7.483% 29.486% 7.391% 7.446% 8.959% 16.262% 7.768% 7.446% 9.227% 22.543% 5.920% 7.768% 7.768%
Enero 9.948% 8.643% 16.339% 15.976% 6.643% 7.639% 30.089% 7.457% 7.318% 8.965% 17.929% 7.567% 7.318% 9.948% 15.671% 4.930% 7.567% 7.567%
Febrero 9.374% 8.117% 15.267% 15.351% 6.368% 7.136% 28.886% 6.959% 6.933% 8.463% 17.125% 7.153% 6.933% 9.374% 14.895% 5.480% 7.153% 7.153%
Marzo 9.017% 7.885% 14.536% 13.608% 6.236% 6.924% 23.807% 6.675% 6.746% 7.881% 15.479% 6.821% 6.746% 9.017% 17.723% 6.240% 6.821% 6.821%
Abril 6.944% 6.931% 8.126% 8.194% 6.021% 6.120% 11.105% 6.026% 6.353% 6.994% 10.677% 6.270% 6.353% 6.944% 15.708% 5.810% 6.270% 6.270%
Mayo 5.867% 6.574% 4.026% 7.436% 6.096% 5.702% 7.099% 5.564% 6.376% 7.387% 8.995% 5.891% 6.376% 5.867% 12.976% 6.230% 5.891% 5.891%
2004 Junio 5.341% 6.505% 2.454% 3.889% 6.208% 5.683% 1.281% 5.434% 6.482% 7.536% 6.236% 5.936% 6.482% 5.341% 13.669% 6.150% 5.936% 5.936%
Julio 6.122% 7.126% 4.599% 5.342% 6.418% 5.816% 2.259% 5.405% 6.706% 8.023% 7.167% 6.027% 6.706% 6.122% 18.753% 6.460% 6.027% 6.027%
Agosto 6.108% 7.213% 3.904% 5.817% 6.596% 6.018% 4.528% 5.645% 6.937% 8.160% 7.761% 6.220% 6.937% 6.108% 15.784% 6.770% 6.220% 6.220%
Septiembre 5.878% 6.946% 2.772% 6.345% 6.878% 6.099% 2.356% 5.751% 7.036% 7.871% 7.320% 6.351% 7.036% 5.878% 11.183% 7.090% 6.351% 6.351%
Octubre 6.083% 7.086% 3.038% 6.793% 7.054% 6.217% 0.136% 5.892% 7.277% 8.103% 8.000% 6.501% 7.277% 6.083% 15.775% 7.470% 6.501% 6.501%
Noviembre 6.531% 7.516% 4.030% 6.159% 7.357% 6.716% -0.512% 6.515% 7.590% 8.509% 7.634% 6.847% 7.590% 6.531% 8.850% 7.820% 6.847% 6.847%
Diciembre 7.233% 8.045% 5.967% 6.258% 7.583% 6.999% 1.710% 6.723% 7.832% 8.738% 6.660% 7.072% 7.832% 7.233% 9.174% 8.380% 7.072% 7.072%
Fuente: Elaboración Propia.
10
Anexo A1.6 Rendimientos interanuales con periodicidad mensual de valores privados para los años del 2001 al 2004.
PiP - Corp PiP - Corp
Enero Enero 9.309%
Febrero Febrero 9.350%
Marzo Marzo 9.702%
Abril Abril 10.754%
Mayo Mayo 11.146%
2001 Junio 2003 Junio 12.190%
Julio Julio 11.514%
Agosto Agosto 11.239%
Septiembre Septiembre 12.558%
Octubre Octubre 12.228%
Noviembre Noviembre 11.082%
Diciembre Diciembre 10.550%
Enero Enero 11.100%
Febrero 15.304% Febrero 10.412%
Marzo 14.491% Marzo 9.957%
Abril 13.782% Abril 7.583%
Mayo 12.534% Mayo 6.662%
2002 Junio 10.929% 2004 Junio 5.999%
Julio 10.866% Julio 6.762%
Agosto 11.429% Agosto 6.481%
Septiembre 10.518% Septiembre 6.329%
Octubre 9.820% Octubre 6.523%
Noviembre 9.966% Noviembre 6.922%
Diciembre 9.925% Diciembre 7.376%
Fuente: Elaboración propia.
11
Anexo A1.7 Rendimientos interanuales con periodicidad mensual de valores bancarios para los años del 2002 al 2004.
PiP - Bank
Enero Febrero 13.377% Marzo 12.428% Abril 11.625% Mayo 10.565%
2002 Junio 9.783% Julio 9.523% Agosto 9.476% Septiembre 9.147% Octubre 8.763% Noviembre 8.538% Diciembre 8.313%
Enero 8.384% Febrero 8.370% Marzo 8.537% Abril 9.009% Mayo 9.228%
2003 Junio 9.456% Julio 9.072% Agosto 8.801% Septiembre 8.921% Octubre 8.586% Noviembre 7.989% Diciembre 7.752%
Enero 7.934% Febrero 7.506% Marzo 7.220% Abril 6.220% Mayo 5.822%
2004 Junio 5.726% Julio 6.029% Agosto 6.261% Septiembre 6.356% Octubre 6.516% Noviembre 6.975% Diciembre 7.358%
Fuente: Elaboración propia.
12
Anexo A1.8 Rendimientos interanuales con periodicidad mensual de Certificados Bursátiles a Corto Plazo con Tasa promedio ponderada para los
años del 2002 al 2004.
Cetrificados Bursátiles
Septiembre 9.970% 2002 Octubre 9.170%
Noviembre 8.510% Diciembre 10.670%
Enero 10.700% Febrero 10.620% Marzo 9.210% Abril 8.680% Mayo 6.090%
2003 Junio 6.080% Julio 5.400% Agosto 5.860% Septiembre 5.730% Octubre 5.700% Noviembre 7.170% Diciembre 9.200%
Enero 4.500% Febrero 6.890% Marzo 7.700% Abril 7.540% Mayo 7.670%
2004 Junio 7.980% Julio 8.660% Agosto 8.540% Septiembre 8.380% Octubre 8.880% Noviembre 9.710% Diciembre
Fuente: Elaboración propia.
13
Anexo A1.9 Rendimientos interanuales con periodicidad mensual de los activos que componen las SIEFORES, así como sus rendimientos
esperados, varianzas y desviación estándar para los años del 2002 al 2004.
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES VALORES PRIVADOS
VALORES BANCARIOS
ENTIDADES
Enero 18.399% 29.747% 19.118% 12.182% 14.815% 14.755% 12.393% 23.185% 14.602% 12.393% 15.688% -2.943% 7.000% 14.602% 14.602% Febrero 17.036% 28.982% 20.694% 10.610% 13.897% 14.078% 11.301% 24.778% 13.356% 11.301% 14.889% 0.783% 7.990% 13.356% 13.356% 15.304% 13.377% Marzo 16.107% 27.950% 19.838% 9.898% 13.088% 13.247% 10.503% 24.077% 12.628% 10.503% 14.146% 4.548% 7.490% 12.628% 12.628% 14.491% 12.428% Abril 13.717% 26.102% 20.047% 8.577% 12.070% 12.394% 9.185% 23.320% 11.081% 9.185% 13.129% 12.773% 5.380% 11.081% 11.081% 13.782% 11.625% Mayo 11.994% 22.071% 15.971% 8.246% 10.750% 10.850% 8.772% 16.802% 10.310% 8.772% 11.778% 20.938% 7.000% 10.310% 10.310% 12.534% 10.565%
2002 Junio 10.738% 17.455% 13.504% 7.687% 9.518% 9.607% 8.261% 12.100% 9.545% 8.261% 10.387% 24.906% 7.210% 9.545% 9.545% 10.929% 9.783% Julio 10.790% 17.433% 13.938% 7.838% 9.521% 9.449% 8.339% 12.326% 9.431% 8.339% 10.437% 14.488% 6.860% 9.431% 9.431% 10.866% 9.523% Agosto 10.481% 20.689% 14.981% 8.085% 9.588% 9.601% 8.633% 13.394% 9.871% 8.633% 11.039% 15.198% 6.480% 9.871% 9.871% 11.429% 9.476% Septiembre 10.688% 18.085% 14.569% 8.080% 9.251% 8.994% 8.815% 10.839% 9.931% 8.815% 10.530% 14.584% 6.990% 9.931% 9.931% 10.518% 9.147% 9.970% Octubre 9.792% 14.565% 13.905% 7.887% 8.804% 8.555% 8.898% 12.323% 9.290% 8.898% 9.880% 19.219% 7.360% 9.290% 9.290% 9.820% 8.763% 9.170% Noviembre 9.216% 15.338% 14.639% 8.087% 8.754% 8.442% 8.740% 14.332% 9.453% 8.740% 10.064% 21.177% 7.080% 9.453% 9.453% 9.966% 8.538% 8.510% Diciembre 9.720% 13.989% 15.054% 8.251% 8.390% 7.905% 8.594% 15.273% 8.714% 8.594% 9.907% 29.678% 7.160% 8.714% 8.714% 9.925% 8.313% 10.670% Enero 8.191% 10.759% 11.806% 8.293% 8.277% 8.109% 8.772% 13.008% 8.689% 8.772% 9.050% 37.352% 8.090% 8.689% 8.689% 9.309% 8.384% 10.700% Febrero 8.261% 10.026% 11.630% 8.443% 8.140% 7.881% 8.782% 12.212% 8.415% 8.782% 8.903% 37.536% 8.840% 8.415% 8.415% 9.350% 8.370% 10.620% Marzo 8.340% 10.325% 13.153% 8.405% 8.125% 7.993% 8.764% 13.376% 8.363% 8.764% 9.128% 41.592% 8.840% 8.363% 8.363% 9.702% 8.537% 9.210% Abril 9.289% 12.543% 12.830% 8.735% 8.553% 8.222% 9.131% 13.453% 8.859% 9.131% 9.968% 30.216% 7.560% 8.859% 8.859% 10.754% 9.009% 8.680% Mayo 9.675% 14.936% 13.966% 8.517% 8.950% 8.809% 8.963% 15.363% 8.992% 8.963% 10.620% 29.310% 4.950% 8.992% 8.992% 11.146% 9.228% 6.090%
2003 Junio 10.011% 17.963% 16.447% 8.310% 9.338% 9.358% 8.895% 19.641% 9.164% 8.895% 11.359% 27.486% 5.050% 9.164% 9.164% 12.190% 9.456% 6.080% Julio 9.137% 16.057% 16.320% 8.047% 8.814% 8.762% 8.460% 8.946% 19.595% 8.932% 8.460% 10.593% 26.024% 4.310% 8.932% 8.932% 11.514% 9.072% 5.400% Agosto 8.856% 15.737% 15.795% 7.518% 8.417% 8.385% 8.172% 8.968% 18.568% 8.518% 8.172% 10.286% 26.005% 4.050% 8.518% 8.518% 11.239% 8.801% 5.860% Septiembre 9.884% 20.054% 17.544% 7.353% 8.725% 8.729% 8.135% 9.752% 23.077% 8.630% 8.135% 11.308% 28.301% 4.180% 8.630% 8.630% 12.558% 8.921% 5.730% Octubre 9.586% 19.517% 16.696% 7.100% 8.359% 8.178% 7.827% 9.430% 20.110% 8.309% 7.827% 10.957% 25.912% 4.960% 8.309% 8.309% 12.228% 8.586% 5.700% Noviembre 8.763% 15.774% 15.218% 6.858% 7.521% 7.447% 7.491% 8.771% 17.849% 7.743% 7.491% 9.763% 28.523% 4.820% 7.743% 7.743% 11.082% 7.989% 7.170% Diciembre 8.095% 13.604% 14.438% 6.803% 7.483% 29.486% 7.391% 7.446% 8.959% 16.262% 7.768% 7.446% 9.227% 22.543% 5.920% 7.768% 7.768% 10.550% 7.752% 9.200% Enero 8.643% 16.339% 15.976% 6.643% 7.639% 30.089% 7.457% 7.318% 8.965% 17.929% 7.567% 7.318% 9.948% 15.671% 4.930% 7.567% 7.567% 11.100% 7.934% 4.500% Febrero 8.117% 15.267% 15.351% 6.368% 7.136% 28.886% 6.959% 6.933% 8.463% 17.125% 7.153% 6.933% 9.374% 14.895% 5.480% 7.153% 7.153% 10.412% 7.506% 6.890% Marzo 7.885% 14.536% 13.608% 6.236% 6.924% 23.807% 6.675% 6.746% 7.881% 15.479% 6.821% 6.746% 9.017% 17.723% 6.240% 6.821% 6.821% 9.957% 7.220% 7.700% Abril 6.931% 8.126% 8.194% 6.021% 6.120% 11.105% 6.026% 6.353% 6.994% 10.677% 6.270% 6.353% 6.944% 15.708% 5.810% 6.270% 6.270% 7.583% 6.220% 7.540% Mayo 6.574% 4.026% 7.436% 6.096% 5.702% 7.099% 5.564% 6.376% 7.387% 8.995% 5.891% 6.376% 5.867% 12.976% 6.230% 5.891% 5.891% 6.662% 5.822% 7.670%
2004 Junio 6.505% 2.454% 3.889% 6.208% 5.683% 1.281% 5.434% 6.482% 7.536% 6.236% 5.936% 6.482% 5.341% 13.669% 6.150% 5.936% 5.936% 5.999% 5.726% 7.980% Julio 7.126% 4.599% 5.342% 6.418% 5.816% 2.259% 5.405% 6.706% 8.023% 7.167% 6.027% 6.706% 6.122% 18.753% 6.460% 6.027% 6.027% 6.762% 6.029% 8.660% Agosto 7.213% 3.904% 5.817% 6.596% 6.018% 4.528% 5.645% 6.937% 8.160% 7.761% 6.220% 6.937% 6.108% 15.784% 6.770% 6.220% 6.220% 6.481% 6.261% 8.540% Septiembre 6.946% 2.772% 6.345% 6.878% 6.099% 2.356% 5.751% 7.036% 7.871% 7.320% 6.351% 7.036% 5.878% 11.183% 7.090% 6.351% 6.351% 6.329% 6.356% 8.380% Octubre 7.086% 3.038% 6.793% 7.054% 6.217% 0.136% 5.892% 7.277% 8.103% 8.000% 6.501% 7.277% 6.083% 15.775% 7.470% 6.501% 6.501% 6.523% 6.516% 8.880% Noviembre 7.516% 4.030% 6.159% 7.357% 6.716% -0.512% 6.515% 7.590% 8.509% 7.634% 6.847% 7.590% 6.531% 8.850% 7.820% 6.847% 6.847% 6.922% 6.975% 9.710% Diciembre 8.045% 5.967% 6.258% 7.583% 6.999% 1.710% 6.723% 7.832% 8.738% 6.660% 7.072% 7.832% 7.233% 9.174% 8.380% 7.072% 7.072% 7.376% 7.358% 0.000%
Promedio 9.593% 14.299% 13.146% 7.757% 8.506% 10.941% 8.366% 8.246% 8.414% 14.618% 8.590% 8.246% 9.652% 19.620% 6.511% 8.590% 8.590% 10.094% 8.445% 7.686%
Varianza 0.0007664 0.005483 0.00202708 0.00016 0.00048 0.01407 0.00053 0.000167 5E-05 0.00283 0.0004049 0.00017 0.000623 0.0097 0.000164 0.0004049 0.0004049 0.00056095 0.000305072 0.000498819 Des. Est. 0.0276842 0.074049 0.04502307 0.01264 0.02183 0.11863 0.02304 0.012929 0.0071 0.05321 0.0201212 0.01293 0.02496 0.0983 0.01280624 0.0201212 0.0201212 0.02368433 0.017466318 0.022334252
Fuente: Elaboración propia.
14
Anexo A1.10 se muestran los porcentajes de inversión los valores en que invierten las SIEFORES para los años del 2001 al 2004.
2001
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA
Banamex Aegon 7.082% 8.900% 12.834% 4.140% 1.617% 0.00002% 54.406% 5.693% 1.597% 100%
Bancomer 12.821% 4.945% 19.062% 3.214% 0.376% 3.566% 0.00002% 44.970% 5.234% 1.071% 100%
Bancrecer Dresdner 14.905% 6.456% 15.150% 0.411% 2.084% 1.681% 0.00001% 48.717% 5.705% 0.651% 100%
Banorte Generali 2.214% 6.803% 18.303% 0.480% 3.461% 4.248% 0.00001% 59.372% 0.880% 100%
Bital 7.348% 7.178% 15.245% 2.588% 0.736% 6.904% 0.02321% 49.498% 6.342% 0.354% 100%
Garante 12.410% 6.588% 16.084% 8.768% 1.463% 0.00003% 44.634% 5.387% 100%
Enero Inbursa 1.478% 2.089% 11.483% 1.130% 10.772% 0.00003% 57.867% 2.629% 11.950% 0.602% 100%
Principal 11.186% 6.620% 12.334% 10.924% 5.261% 0.00043% 0.462% 42.759% 6.363% 100%
Profuturo GNP 13.164% 5.429% 12.003% 1.799% 0.00001% 3.313% 48.882% 4.070% 10.259% 100%
Santander Mexicano 9.652% 6.415% 18.310% 3.289% 2.914% 0.00003% 44.863% 6.168% 3.629% 100%
Tepeyac 8.189% 5.911% 15.384% 2.331% 4.714% 3.919% 0.00001% 50.661% 6.077% 100%
XXI 11.671% 7.319% 6.743% 9.746% 8.152% 0.00006% 44.445% 6.782% 1.252% 100%
Zurich 15.845% 3.581% 18.077% 6.493% 0.00001% 45.578% 10.426% 100%
Banamex Aegon 9.020% 12.679% 10.662% 3.682% 1.547% 0.00001% 50.571% 6.282% 1.924% 100%
Bancomer 13.088% 3.801% 18.521% 4.040% 0.370% 4.068% 0.00001% 0.242% 44.654% 5.737% 1.452% 100%
Bancrecer Dresdner 14.595% 9.144% 14.180% 0.397% 3.066% 1.607% 1.011% 0.00001% 47.168% 6.343% 1.648% 100%
Banorte Generali 3.288% 5.821% 20.753% 3.076% 3.436% 4.288% 0.00000% 58.189% 0.856% 100%
Bital 8.623% 3.677% 17.143% 2.314% 0.717% 6.730% 0.02602% 48.094% 6.246% 2.058% 100%
Garante 11.412% 8.576% 15.197% 11.306% 1.361% 4.273% 0.00001% 40.056% 5.671% 100%
Febrero Inbursa 5.184% 2.094% 9.617% 1.115% 12.077% 0.00001% 54.156% 2.585% 11.933% 1.175% 100%
Principal 11.292% 6.520% 11.873% 15.155% 5.071% 0.00008% 0.449% 40.734% 6.118% 100%
Profuturo GNP 12.644% 7.229% 10.764% 1.675% 3.159% 45.893% 5.183% 9.639% 100%
Santander Mexicano 9.507% 10.012% 14.180% 5.451% 2.906% 0.00000% 44.998% 5.884% 4.647% 100%
Tepeyac 8.931% 6.253% 15.385% 2.299% 4.564% 0.604% 3.798% 0.00001% 48.334% 6.090% 100%
XXI 12.255% 8.617% 6.182% 8.508% 7.713% 0.00001% 45.298% 7.642% 1.265% 100%
Zurich 16.639% 7.021% 13.082% 6.562% 0.00367% 46.710% 9.982% 100%
∑
15
Anexo A1.10 (Continuación)
2001
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Banamex Aegon 11.082% 9.250% 12.000% 4.670% 1.447% 0.00003% 48.710% 6.889% 1.878% 100%
Bancomer 13.185% 9.315% 17.403% 2.554% 0.246% 3.824% 0.00001% 0.231% 42.966% 5.999% 1.427% 100%
Bancrecer Dresdner 14.514% 4.721% 14.309% 0.388% 8.235% 1.527% 0.958% 0.00000% 46.025% 6.188% 1.633% 100%
Banorte Generali 8.112% 4.709% 20.022% 0.605% 3.224% 6.024% 0.00001% 52.497% 0.832% 100%
Bital 14.010% 5.077% 16.086% 0.680% 5.225% 0.02978% 0.971% 45.654% 7.132% 2.859% 100%
Garante 13.482% 10.452% 14.776% 6.012% 1.323% 9.518% 0.00001% 35.946% 5.904% 100%
Marzo Inbursa 6.600% 2.076% 8.296% 1.086% 12.103% 1.805% 0.00000% 52.472% 2.518% 11.626% 1.401% 100%
Principal 14.619% 9.184% 12.566% 8.360% 4.721% 1.162% 0.00006% 0.425% 38.981% 5.754% 100%
Profuturo GNP 14.014% 8.028% 7.514% 1.992% 0.00001% 2.897% 45.758% 5.683% 12.155% 100%
Santander Mexicano 9.463% 8.900% 10.324% 7.475% 2.719% 0.00000% 2.177% 43.951% 6.598% 3.890% 100%
Tepeyac 11.188% 8.082% 14.701% 3.759% 4.274% 0.562% 3.608% 0.00001% 45.850% 5.743% 100%
XXI 13.395% 8.102% 7.439% 8.830% 7.218% 0.00009% 43.550% 8.721% 1.239% 100%
Zurich 15.353% 16.173% 7.541% 2.273% 0.00903% 44.999% 9.906% 100%
Banamex Aegon 10.634% 9.975% 13.957% 4.276% 1.440% 0.00004% 47.259% 6.856% 1.787% 100%
Bancomer 12.274% 9.150% 15.222% 5.561% 3.782% 0.00000% 0.500% 41.661% 5.923% 1.385% 100%
Bancrecer Dresdner 15.935% 9.583% 12.891% 0.373% 5.071% 1.503% 0.935% 0.00000% 1.564% 43.958% 6.055% 1.609% 100%
Banorte Generali 7.883% 16.673% 7.069% 3.170% 10.180% 0.00000% 53.486% 0.808% 100%
Bital 17.316% 5.768% 15.971% 6.347% 1.222% 4.777% 0.03277% 2.040% 33.190% 7.008% 3.295% 100%
Garante 15.092% 9.541% 13.518% 10.508% 1.301% 8.127% 0.00002% 1.144% 33.102% 5.809% 100%
Abril Inbursa 7.328% 2.100% 8.335% 1.069% 14.280% 1.803% 0.00001% 49.818% 2.472% 11.394% 1.401% 100%
Principal 16.321% 8.742% 14.077% 6.292% 4.945% 3.509% 0.00002% 0.390% 35.491% 7.330% 100%
Profuturo GNP 20.406% 6.246% 6.310% 1.970% 0.00001% 4.912% 43.933% 4.346% 11.878% 100%
Santander Mexicano 13.224% 8.118% 9.329% 6.036% 3.286% 2.980% 0.00001% 2.022% 41.543% 6.399% 3.783% 100%
Tepeyac 17.014% 8.774% 15.237% 0.939% 4.222% 5.062% 0.00001% 43.100% 5.652% 100%
XXI 13.426% 9.151% 7.705% 5.683% 6.352% 0.904% 0.00001% 43.053% 8.665% 1.141% 100%
Zurich 15.547% 9.185% 16.076% 1.447% 3.864% 0.03172% 43.618% 0.454% 9.778% 100%
∑∑
16
Anexo A1.10 (Continuación)
2001
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Banamex Aegon 11.082% 9.250% 12.000% 4.670% 1.447% 0.00003% 48.710% 6.889% 1.878% 100%
Bancomer 13.185% 9.315% 17.403% 2.554% 0.246% 3.824% 0.00001% 0.231% 42.966% 5.999% 1.427% 100%
Bancrecer Dresdner 14.514% 4.721% 14.309% 0.388% 8.235% 1.527% 0.958% 0.00000% 46.025% 6.188% 1.633% 100%
Banorte Generali 8.112% 4.709% 20.022% 0.605% 3.224% 6.024% 0.00001% 52.497% 0.832% 100%
Bital 14.010% 5.077% 16.086% 0.680% 5.225% 0.02978% 0.971% 45.654% 7.132% 2.859% 100%
Garante 13.482% 10.452% 14.776% 6.012% 1.323% 9.518% 0.00001% 35.946% 5.904% 100%
Marzo Inbursa 6.600% 2.076% 8.296% 1.086% 12.103% 1.805% 0.00000% 52.472% 2.518% 11.626% 1.401% 100%
Profuturo GNP 14.014% 8.028% 7.514% 1.992% 0.00001% 2.897% 45.758% 5.683% 12.155% 100%
Santander Mexicano 9.463% 8.900% 10.324% 7.475% 2.719% 0.00000% 2.177% 43.951% 6.598% 3.890% 100%
Tepeyac 11.188% 8.082% 14.701% 3.759% 4.274% 0.562% 3.608% 0.00001% 45.850% 5.743% 100%
XXI 13.395% 8.102% 7.439% 8.830% 7.218% 0.00009% 43.550% 8.721% 1.239% 100%
Zurich 15.353% 16.173% 7.541% 2.273% 0.00903% 44.999% 9.906% 100%
Banamex Aegon 10.634% 9.975% 13.957% 4.276% 1.440% 0.00004% 47.259% 6.856% 1.787% 100%
Bancomer 12.274% 9.150% 15.222% 5.561% 3.782% 0.00000% 0.500% 41.661% 5.923% 1.385% 100%
Bancrecer Dresdner 15.935% 9.583% 12.891% 0.373% 5.071% 1.503% 0.935% 0.00000% 1.564% 43.958% 6.055% 1.609% 100%
Bital 17.316% 5.768% 15.971% 6.347% 1.222% 4.777% 0.03277% 2.040% 33.190% 7.008% 3.295% 100%
Garante 15.092% 9.541% 13.518% 10.508% 1.301% 8.127% 0.00002% 1.144% 33.102% 5.809% 100%
Abril Inbursa 7.328% 2.100% 8.335% 1.069% 14.280% 1.803% 0.00001% 49.818% 2.472% 11.394% 1.401% 100%
Principal 16.321% 8.742% 14.077% 6.292% 4.945% 3.509% 0.00002% 0.390% 35.491% 7.330% 100%
Profuturo GNP 20.406% 6.246% 6.310% 1.970% 0.00001% 4.912% 43.933% 4.346% 11.878% 100%
Santander Mexicano 13.224% 8.118% 9.329% 6.036% 3.286% 2.980% 0.00001% 2.022% 41.543% 6.399% 3.783% 100%
Tepeyac 17.014% 8.774% 15.237% 0.939% 4.222% 5.062% 0.00001% 43.100% 5.652% 100%
XXI 13.426% 9.151% 7.705% 5.683% 6.352% 0.904% 0.00001% 43.053% 8.665% 1.141% 100%
Zurich 15.547% 9.185% 16.076% 1.447% 3.864% 0.03172% 43.618% 0.454% 9.778% 100%
∑∑
17
Anexo A1.10 (Continuación)
2001
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Banamex Aegon 17.460% 9.412% 13.639% 3.270% 1.434% 0.00001% 0.878% 43.147% 6.670% 1.752% 100%
Bancomer 14.793% 10.409% 14.511% 6.550% 3.630% 0.00000% 0.467% 39.718% 5.275% 1.399% 100%
Bancrecer Dresdner 17.651% 11.850% 13.993% 4.051% 0.324% 0.00001% 2.291% 42.894% 5.181% 1.577% 100%
Banorte Generali 7.662% 8.006% 18.457% 5.329% 6.136% 9.742% 0.00001% 44.218% 0.203% 100%
Bital 18.270% 6.749% 13.516% 7.504% 1.290% 1.253% 2.461% 0.04088% 1.253% 34.356% 8.840% 3.332% 100%
Garante 17.417% 12.575% 13.196% 11.111% 1.322% 6.387% 0.00006% 0.736% 30.871% 5.764% 100%
Mayo Inbursa 7.142% 2.083% 8.259% 5.374% 18.423% 1.681% 0.00001% 44.867% 2.356% 8.399% 1.417% 100%
Principal 18.857% 9.718% 12.261% 6.463% 4.226% 5.322% 0.00001% 1.507% 33.320% 7.203% 100%
Profuturo GNP 20.643% 8.987% 7.719% 0.532% 1.961% 0.532% 0.00000% 4.786% 40.217% 4.309% 10.207% 100%
Santander Mexicano 12.261% 9.109% 9.074% 2.754% 3.459% 3.089% 0.00001% 0.993% 45.634% 5.778% 5.742% 100%
Tepeyac 18.131% 9.666% 14.968% 1.059% 4.162% 4.784% 0.00001% 41.610% 5.621% 100%
XXI 17.386% 9.717% 9.379% 5.952% 4.039% 0.00004% 41.511% 8.514% 1.140% 100%
Zurich 16.455% 11.868% 14.662% 0.748% 3.576% 0.00006% 40.263% 9.561% 100%
Banamex Aegon 22.733% 10.710% 13.567% 3.073% 1.421% 0.00001% 38.700% 6.376% 1.732% 100%
Bancomer 21.208% 10.814% 14.502% 3.706% 3.576% 0.01085% 0.357% 39.089% 4.940% 1.401% 100%
Bancrecer Dresdner 19.242% 8.325% 14.909% 8.873% 0.00002% 41.570% 4.162% 1.569% 100%
Banorte Generali 17.566% 10.071% 13.756% 3.902% 6.700% 12.038% 0.00004% 1.898% 33.775% 0.200% 100%
Bital 23.923% 9.038% 10.270% 5.722% 4.214% 1.167% 0.04162% 30.498% 8.261% 3.602% 100%
Garante 23.156% 11.956% 13.826% 9.016% 1.769% 4.238% 0.00000% 30.131% 5.673% 100%
Junio Inbursa 7.138% 8.290% 5.327% 21.724% 1.681% 0.00733% 43.040% 0.669% 8.463% 1.440% 100%
Principal 20.871% 10.465% 12.880% 3.200% 3.589% 7.076% 0.00000% 1.056% 32.689% 7.080% 100%
Profuturo GNP 20.997% 11.399% 7.456% 0.518% 3.073% 0.523% 0.00000% 1.787% 38.434% 4.172% 11.461% 100%
Santander Mexicano 11.874% 10.294% 8.563% 2.648% 3.199% 2.903% 0.00001% 0.625% 46.895% 5.611% 5.910% 100%
Tepeyac 21.808% 11.026% 14.110% 1.671% 3.444% 0.00000% 40.947% 5.425% 0.289% 100%
XXI 20.214% 10.943% 10.202% 3.795% 3.488% 0.00005% 41.719% 8.437% 1.140% 100%
Zurich 16.371% 13.011% 12.569% 1.409% 3.481% 0.00199% 41.040% 9.550% 100%
∑∑
18
Anexo A1.10 (Continuación)
2001
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Banamex Aegon 24.660% 12.725% 12.945% 1.290% 1.59718% 34.774% 8.232% 100%
Bancomer 24.149% 12.250% 14.613% 0.000% 3.698% 1.18677% 0.343% 36.759% 5.741% 100%
Bancrecer Dresdner 18.900% 11.824% 16.318% 5.579% 0.08050% 40.470% 5.843% 100%
Banorte Generali 20.707% 15.837% 11.414% 3.775% 4.695% 11.659% 0.00000% 29.176% 0.195% 100%
Bital 25.974% 11.753% 10.707% 6.245% 6.764% 0.04251% 23.890% 12.045% 100%
Garante 25.422% 14.796% 12.844% 4.940% 1.734% 3.681% 0.00002% 28.644% 5.563% 100%
Julio Inbursa 6.752% 8.105% 5.329% 27.658% 1.803% 0.00002% 39.935% 0.650% 9.144% 0.718% 100%
Principal 15.503% 12.713% 11.793% 5.811% 6.755% 8.264% 0.00000% 0.398% 29.884% 0.133% 6.849% 0.146% 100%
Profuturo GNP 13.691% 13.701% 5.977% 8.212% 1.269% 0.00000% 36.252% 20.851% 100%
Santander Mexicano 11.895% 12.290% 7.681% 3.653% 7.100% 3.308% 0.00001% 38.940% 10.663% 100%
Tepeyac 21.535% 12.188% 10.566% 2.556% 3.499% 0.00000% 39.018% 10.008% 100%
XXI 21.511% 13.461% 9.679% 1.849% 4.715% 0.00004% 36.762% 9.180% 100%
Zurich 19.806% 9.047% 11.005% 8.229% 3.240% 0.00455% 39.849% 8.819% 100%
Banamex Aegon 30.025% 13.718% 11.556% 1.291% 0.00003% 33.208% 6.035% 1.657% 100%
Bancomer 28.534% 15.281% 14.859% 2.201% 0.17868% 31.415% 4.980% 1.289% 100%
Bancrecer Dresdner 20.676% 14.322% 13.145% 1.327% 6.181% 1.21647% 37.193% 4.579% 1.292% 100%
Banorte Generali 32.972% 19.132% 7.457% 5.002% 2.235% 7.013% 0.00432% 25.805% 0.272% 100%
Bital 25.170% 15.767% 6.733% 3.652% 4.251% 5.401% 0.00418% 24.874% 8.641% 4.228% 100%
Garante 24.498% 13.441% 11.304% 7.465% 1.423% 1.268% 0.00002% 33.104% 6.325% 100%
Agosto Inbursa 7.954% 7.311% 4.745% 25.849% 4.641% 1.18245% 39.158% 0.300% 7.580% 1.279% 100%
Principal 26.485% 15.228% 10.350% 1.156% 2.703% 11.092% 0.01625% 26.120% 5.524% 1.320% 100%
Profuturo GNP 29.253% 12.270% 5.857% 6.738% 4.485% 0.00229% 26.532% 3.741% 11.095% 100%
Santander Mexicano 14.555% 10.887% 7.572% 2.485% 3.112% 8.773% 0.00227% 41.064% 5.399% 6.100% 100%
Tepeyac 30.627% 15.206% 8.915% 1.434% 1.037% 11.104% 0.02091% 23.068% 4.720% 2.630% 100%
XXI 24.140% 13.210% 9.907% 2.886% 2.585% 1.110% 0.10909% 35.128% 8.123% 1.007% 100%
Zurich 25.760% 15.327% 9.917% 0.211% 9.294% 0.02393% 32.032% 5.349% 100%
∑∑
19
Anexo A1.10 (Continuación)
2001
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Banamex Aegon 29.443% 16.711% 7.793% 1.611% 0.00002% 33.521% 4.804% 1.617% 1.092% 100%
Bancomer 32.694% 15.254% 14.501% 0.716% 0.00051% 0.142% 28.510% 2.595% 1.287% 2.151% 100%
Bancrecer Dresdner 22.290% 9.208% 12.919% 4.163% 7.266% 0.00043% 35.963% 2.144% 1.270% 2.308% 100%
Banorte Generali 33.673% 11.637% 14.875% 6.606% 1.961% 6.995% 0.00001% 22.917% 0.278% 0.023% 100%
Bital 27.466% 11.097% 7.356% 6.710% 3.525% 5.232% 0.00773% 0.580% 22.906% 8.059% 0.987% 3.076% 100%
Garante 25.814% 12.542% 11.775% 7.944% 1.417% 0.00002% 33.755% 5.182% 0.573% 100%
Septiembre Inbursa 8.038% 7.134% 4.588% 24.682% 6.903% 0.00064% 37.580% 5.966% 1.234% 1.475% 100%
Principal 28.047% 11.060% 9.805% 4.222% 2.627% 10.609% 0.00003% 25.247% 3.312% 1.277% 1.793% 100%
Profuturo GNP 32.937% 6.685% 6.639% 1.427% 7.328% 6.312% 0.00000% 23.226% 2.547% 10.725% 1.174% 100%
Santander Mexicano 13.185% 12.767% 7.159% 3.698% 2.707% 8.396% 0.00001% 38.482% 1.871% 5.797% 2.939% 100%
Tepeyac 29.591% 13.718% 8.678% 6.009% 1.008% 11.131% 0.00003% 20.693% 2.545% 2.564% 2.063% 100%
XXI 24.356% 13.050% 9.572% 5.884% 2.522% 0.002% 0.00010% 33.291% 4.784% 0.985% 2.554% 100%
Zurich 25.516% 11.149% 9.886% 5.909% 9.067% 0.02458% 29.650% 1.874% 2.925% 100%
Banamex Aegon 33.234% 16.105% 9.044% 0.974% 1.244% 0.00002% 29.470% 6.683% 1.520% 100%
Bancomer 37.722% 19.380% 9.873% 0.00006% 25.750% 5.877% 1.229% 100%
Bancrecer Dresdner 27.332% 12.568% 10.385% 4.246% 4.809% 0.00029% 35.587% 3.713% 1.283% 100%
Banorte Generali 38.545% 10.315% 13.362% 3.565% 1.867% 6.874% 0.00003% 22.542% 0.280% 2.330% 100%
Bital 33.612% 10.015% 7.833% 0.504% 4.470% 14.869% 0.15771% 14.215% 12.563% 1.564% 100%
Garante 34.219% 14.652% 9.531% 3.292% 1.654% 0.00004% 27.997% 6.138% 100%
Octubre Inbursa 8.107% 7.078% 6.004% 20.893% 9.935% 0.00003% 37.246% 9.458% 1.209% 100%
Principal 29.113% 14.965% 8.268% 0.065% 2.638% 10.453% 0.00008% 24.783% 5.150% 2.504% 100%
Profuturo GNP 32.375% 10.169% 7.974% 8.034% 3.192% 0.00002% 19.444% 7.746% 10.652% 100%
Santander Mexicano 12.320% 17.071% 7.288% 3.194% 10.114% 0.00007% 36.387% 7.520% 5.692% 100%
Tepeyac 28.716% 10.410% 10.972% 2.764% 1.007% 10.956% 0.00055% 23.217% 6.845% 2.887% 100%
XXI 31.855% 12.839% 8.476% 2.047% 2.458% 0.00004% 30.305% 7.751% 0.910% 100%
Zurich 24.804% 11.070% 13.020% 6.976% 7.650% 0.00138% 31.814% 4.665% 100%
∑∑
20
Anexo A1.10 (Continuación)
2001
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Banamex Aegon 29.903% 18.427% 12.044% 0.641% 1.186% 0.00001% 32.941% 3.633% 1.224% 100%
Bancomer 34.017% 15.734% 9.789% 1.270% 0.00001% 29.276% 6.811% 1.556% 100%
Bancrecer Dresdner 37.224% 18.440% 9.943% 0.056% 0.00000% 24.656% 6.059% 1.205% 100%
Banorte Generali 37.453% 19.903% 9.243% 8.138% 2.226% 6.577% 0.00000% 14.058% 0.272% 2.129% 100%
Bital 38.491% 17.298% 9.348% 1.167% 1.863% 0.00004% 25.778% 6.018% 100%
Garante 8.095% 7.012% 5.859% 16.670% 13.527% 0.00000% 38.236% 9.402% 1.199% 100%
Noviembre Inbursa 31.839% 14.434% 6.145% 0.582% 4.380% 10.907% 0.15700% 14.500% 13.387% 1.494% 100%
Principal 29.871% 18.018% 7.637% 0.064% 2.607% 2.034% 0.00000% 27.821% 6.068% 3.598% 100%
Profuturo GNP 41.654% 15.914% 6.535% 4.330% 0.00001% 13.930% 8.018% 9.439% 100%
Santander Mexicano 12.173% 16.415% 7.696% 0.822% 3.687% 8.159% 0.00001% 36.375% 8.877% 5.346% 100%
Tepeyac 31.369% 12.901% 10.073% 0.889% 0.968% 4.476% 0.00000% 23.818% 9.338% 1.731% 100%
XXI 33.239% 13.609% 7.862% 2.302% 2.718% 0.00005% 28.767% 9.168% 0.887% 100%
Zurich 25.430% 17.320% 11.857% 5.655% 0.00013% 30.566% 4.960% 100%
Banamex Aegon 36.889% 19.816% 12.198% 0.401% 0.292% 0.00000% 24.681% 3.657% 2.065% 100%
Bancomer 30.131% 14.267% 11.977% 1.265% 2.706% 0.00001% 28.390% 7.222% 1.523% 100%
Bancrecer Dresdner 36.226% 17.706% 11.038% 0.102% 0.000% 0.00001% 23.731% 6.721% 1.206% 100%
Banorte Generali 36.084% 17.103% 10.791% 12.875% 2.181% 6.380% 0.00000% 10.919% 0.531% 2.096% 100%
Bital 38.308% 17.821% 9.363% 2.515% 1.872% 0.00004% 24.068% 5.993% 100%
Garante 7.889% 7.028% 5.758% 18.392% 13.899% 0.00000% 36.359% 9.464% 1.211% 100%
Diciembre Inbursa 32.696% 6.804% 4.495% 7.709% 4.247% 10.556% 0.00512% 14.807% 13.921% 1.451% 100%
Principal 29.527% 17.166% 7.586% 1.705% 2.594% 1.944% 0.00001% 25.743% 7.658% 3.515% 100%
Profuturo GNP 39.024% 13.900% 7.977% 4.560% 4.234% 0.00001% 11.469% 9.107% 9.134% 100%
Santander Mexicano 10.990% 14.174% 7.529% 2.969% 3.539% 8.442% 0.00002% 33.910% 9.545% 5.175% 100%
Tepeyac 33.990% 14.016% 10.073% 0.966% 2.521% 1.176% 0.00001% 24.145% 7.357% 2.644% 100%
XXI 34.579% 15.362% 7.616% 1.608% 3.049% 0.00013% 26.696% 9.604% 0.882% 100%
Zurich 24.767% 18.038% 12.138% 3.196% 0.866% 5.549% 0.00036% 30.349% 5.097% 100%
∑∑
21
Anexo A1.10 (Continuación)
2002
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 25.636% 14.466% 13.158% 0.000% 12.082% 0.00001% 23.991% 6.732% 2.041% 100%
Banamex Aegon 40.073% 13.546% 11.753% 1.261% 2.570% 0.00001% 19.564% 8.008% 1.991% 100%
Bancomer 35.514% 17.997% 12.040% 0.098% 0.00000% 22.812% 7.366% 1.236% 100%
Banorte Generali 32.547% 23.699% 10.900% 16.182% 3.215% 0.00000% 8.834% 0.520% 4.104% 100%
Garante 38.108% 15.236% 9.251% 1.874% 4.586% 0.00000% 21.301% 5.890% 100%
Inbursa 7.463% 7.060% 5.577% 19.775% 13.526% 0.00039% 33.816% 9.342% 1.221% 100%
Enero ING 40.041% 10.101% 3.510% 8.895% 5.387% 5.079% 0.00757% 8.302% 14.819% 1.450% 100%
Principal 34.138% 15.151% 8.156% 0.061% 3.154% 1.873% 0.00001% 23.081% 7.548% 3.441% 100%
Profuturo GNP 39.541% 14.125% 7.950% 4.232% 3.983% 0.00000% 10.599% 10.290% 8.879% 100%
Santander Mexicano 23.542% 14.598% 6.080% 2.309% 4.170% 8.322% 0.00000% 24.061% 10.867% 5.832% 100%
Tepeyac 32.713% 16.691% 9.823% 0.959% 1.011% 1.119% 0.00584% 22.181% 12.149% 2.616% 100%
XXI 38.652% 15.977% 6.841% 3.982% 0.00002% 20.837% 9.619% 0.859% 100%
Zurich 24.763% 14.666% 6.950% 0.414% 5.422% 5.482% 0.00001% 31.627% 6.086% 100%
Allianz Dresdner 25.147% 10.984% 12.931% 0.822% 14.371% 0.00001% 25.948% 7.565% 1.993% 100%
Banamex * 40.877% 9.904% 10.739% 2.083% 1.445% 3.286% 0.00001% 19.861% 7.786% 1.272% 100%
Bancomer 41.125% 14.148% 11.939% 0.045% 0.00000% 22.265% 7.260% 1.229% 100%
Banorte Generali 32.095% 21.926% 15.268% 11.820% 3.121% 0.003% 0.00000% 8.637% 2.214% 4.915% 100%
Inbursa 7.436% 7.036% 5.508% 17.945% 13.331% 0.00001% 32.023% 15.308% 1.491% 100%
Febrero ING 44.568% 6.829% 3.235% 15.288% 5.117% 0.01241% 5.451% 14.214% 1.061% 100%
Principal 34.785% 14.707% 8.109% 0.094% 3.219% 3.478% 0.00000% 20.433% 9.300% 3.404% 100%
Profuturo GNP 40.590% 12.238% 7.991% 0.000% 6.907% 2.379% 0.00001% 10.153% 10.579% 8.851% 100%
Santander Mexicano 24.908% 14.361% 6.030% 0.705% 3.838% 8.183% 0.00001% 23.603% 12.059% 5.754% 100%
Tepeyac 32.192% 16.533% 9.726% 1.255% 0.996% 1.095% 0.00000% 21.410% 13.594% 2.598% 100%
XXI 38.888% 14.587% 6.969% 0.426% 3.893% 0.784% 0.00003% 19.602% 9.851% 0.854% 100%
Zurich 26.695% 14.403% 8.180% 0.201% 3.818% 5.366% 0.00111% 31.460% 6.358% 100%
* Debido a la fusión, Afore Banamex incluye la cartera de Afore Garante.
∑∑
22
Anexo A1.10 (Continuación)
2002
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 29.329% 13.165% 12.804% 0.398% 0.000% 14.284% 0.00001% 19.464% 8.045% 1.939% 100%
Banamex 44.226% 9.628% 10.505% 1.415% 3.239% 0.00001% 1.168% 19.432% 7.611% 0.933% 100%
Bancomer 44.153% 11.802% 11.926% 0.00000% 20.932% 7.952% 1.237% 100%
Banorte Generali 31.196% 22.972% 15.997% 7.736% 3.019% 0.003% 0.00000% 8.182% 3.755% 4.790% 100%
Inbursa 7.299% 6.841% 5.388% 18.394% 13.045% 0.00000% 31.221% 12.815% 1.449% 100%
Marzo ING 44.706% 11.278% 2.921% 12.023% 5.092% 0.01428% 1.172% 5.420% 14.175% 1.031% 100%
Principal 34.391% 13.533% 7.870% 2.885% 3.230% 4.200% 0.00000% 18.109% 10.117% 3.334% 100%
Profuturo GNP 34.509% 12.243% 6.918% 0.000% 7.138% 9.235% 0.00000% 0.002% 9.831% 11.207% 8.776% 100%
Santander Mexicano 30.305% 9.835% 6.063% 0.701% 3.560% 5.936% 0.00001% 22.733% 12.390% 5.653% 100%
Tepeyac 31.303% 16.627% 9.428% 1.216% 0.954% 0.00000% 19.296% 15.068% 2.526% 100%
XXI 39.469% 12.913% 6.750% 2.310% 3.762% 0.764% 0.00001% 18.945% 9.485% 0.839% 100%
Zurich 26.679% 14.937% 7.869% 0.195% 3.666% 5.109% 0.00265% 30.189% 7.826% 100%
Allianz Dresdner 33.267% 13.759% 12.590% 2.062% 11.893% 0.00001% 14.313% 9.520% 1.911% 100%
Banamex 43.869% 11.901% 11.438% 1.406% 3.139% 0.00000% 1.181% 16.404% 7.849% 0.877% 100%
Bancomer 45.800% 11.641% 11.386% 0.878% 1.003% 0.00000% 19.588% 7.752% 1.176% 100%
Banorte Generali 29.755% 32.170% 20.560% 5.802% 2.538% 0.003% 0.00000% 4.430% 4.676% 100%
Inbursa 7.243% 6.312% 5.328% 15.751% 0.349% 13.246% 0.00000% 32.642% 13.235% 1.815% 100%
Abril ING 38.416% 14.241% 3.089% 10.933% 5.213% 6.312% 0.02003% 5.382% 13.873% 1.043% 100%
Principal 35.168% 17.721% 8.893% 0.013% 3.270% 3.239% 0.00000% 16.004% 10.916% 3.289% 100%
Profuturo GNP 41.887% 6.874% 8.795% 1.068% 8.573% 4.533% 0.00000% 0.002% 9.253% 10.574% 8.173% 100%
Santander Mexicano 35.028% 14.713% 7.638% 0.588% 3.284% 5.759% 0.00001% 13.218% 11.983% 5.517% 100%
Tepeyac 33.256% 16.954% 9.377% 1.226% 1.569% 0.00000% 18.654% 15.405% 2.487% 100%
XXI 39.208% 15.087% 6.703% 1.162% 4.309% 0.759% 0.00001% 0.706% 18.766% 10.593% 0.779% 100%
Zurich 26.694% 16.086% 8.176% 0.457% 3.810% 5.152% 0.00000% 29.165% 9.662% 100%
∑∑
23
Anexo A1.10 (Continuación)
2002
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 32.500% 13.325% 12.550% 10.945% 0.00001% 13.267% 15.516% 1.897% 100%
Banamex 42.168% 15.608% 11.233% 1.382% 3.050% 0.00000% 15.836% 9.098% 0.864% 100%
Bancomer 45.879% 16.170% 11.126% 0.150% 0.989% 0.00000% 15.409% 8.968% 1.148% 100%
Banorte Generali 34.039% 23.840% 24.385% 3.242% 2.472% 0.003% 0.00000% 7.256% 4.404% 100%
Inbursa 3.789% 2.460% 8.180% 17.715% 0.589% 9.680% 0.00000% 38.455% 12.955% 1.776% 100%
Mayo ING 39.723% 14.836% 2.999% 9.849% 4.637% 7.011% 0.02400% 5.219% 13.655% 1.018% 100%
Principal 36.003% 17.080% 8.919% 1.477% 3.273% 3.272% 0.00000% 11.170% 14.035% 3.165% 100%
Profuturo GNP 39.845% 6.398% 6.996% 0.000% 9.634% 0.00000% 0.394% 12.907% 15.192% 7.966% 100%
Santander Mexicano 33.962% 18.586% 8.212% 0.582% 3.225% 2.869% 0.00000% 10.202% 16.456% 5.282% 100%
Tepeyac 32.428% 16.447% 9.739% 1.191% 1.528% 0.00000% 14.401% 18.914% 2.394% 100%
XXI 40.323% 15.567% 6.915% 1.136% 4.188% 0.01247% 0.709% 14.562% 12.763% 0.196% 100%
Zurich 26.328% 18.266% 8.043% 0.735% 3.730% 5.119% 0.00144% 28.233% 9.544% 100%
Allianz Dresdner 32.299% 11.763% 12.346% 10.924% 0.00455% 13.163% 15.350% 1.843% 100%
Banamex 42.469% 17.396% 11.467% 1.377% 3.085% 0.00001% 14.090% 9.035% 0.851% 100%
Bancomer 45.300% 17.727% 11.451% 0.146% 0.331% 0.00000% 14.062% 9.283% 1.099% 100%
Banorte Generali 33.799% 15.193% 20.725% 11.893% 3.358% 0.003% 0.00001% 8.114% 4.401% 100%
Inbursa 2.462% 9.371% 17.064% 0.590% 9.605% 0.00001% 45.487% 13.620% 1.723% 100%
Junio ING 42.301% 12.690% 4.348% 12.064% 4.633% 5.076% 0.00007% 3.823% 13.703% 1.006% 100%
Principal 36.543% 13.760% 8.699% 3.908% 3.169% 3.188% 0.00000% 10.433% 14.029% 3.122% 100%
Profuturo GNP 42.490% 8.239% 6.746% 9.688% 0.00001% 0.396% 8.464% 16.002% 7.905% 100%
Santander Mexicano 33.498% 15.750% 7.788% 3.539% 2.743% 0.864% 0.00001% 10.073% 16.639% 5.166% 100%
Tepeyac 32.682% 17.420% 10.334% 1.156% 1.506% 0.00001% 13.983% 18.612% 2.237% 100%
XXI 41.848% 15.743% 7.174% 3.923% 0.00001% 0.722% 14.580% 12.598% 100%
Zurich 27.317% 17.390% 6.853% 0.710% 4.539% 4.981% 0.00000% 26.395% 9.365% 100%
∑∑
24
Anexo A1.10 (Continuación)
2002
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 31.882% 11.920% 10.307% 3.950% 10.589% 0.00104% 11.643% 14.790% 1.778% 100%
Banamex 41.055% 16.046% 11.031% 0.354% 1.340% 3.027% 0.14919% 13.393% 8.812% 0.836% 100%
Bancomer 44.795% 18.338% 10.948% 0.143% 0.237% 0.20243% 0.249% 11.910% 9.220% 1.056% 100%
Banorte Generali 31.849% 14.051% 20.039% 15.118% 2.573% 0.003% 0.00009% 1.252% 7.711% 4.180% 100%
Inbursa 0.443% 2.266% 8.554% 19.802% 0.994% 8.836% 1.03562% 39.447% 13.163% 1.575% 100%
Julio ING 40.458% 17.041% 4.052% 0.379% 7.385% 4.326% 4.753% 0.00929% 3.853% 12.971% 0.951% 100%
Principal 37.416% 17.044% 7.280% 6.511% 3.066% 1.918% 0.00007% 10.774% 12.519% 2.232% 100%
Profuturo GNP 48.599% 6.237% 6.487% 9.374% 0.00022% 2.143% 3.022% 15.603% 5.800% 100%
Santander Mexicano 32.159% 18.400% 6.890% 5.575% 2.267% 0.842% 0.00044% 8.913% 16.106% 5.026% 100%
Tepeyac 28.425% 17.896% 10.408% 0.873% 1.110% 1.466% 0.00010% 14.454% 19.415% 2.159% 100%
XXI 41.485% 14.594% 7.377% 1.111% 3.734% 0.00209% 0.669% 14.062% 12.164% 100%
Allianz Dresdner 31.461% 22.258% 12.531% 3.234% 2.142% 0.00102% 9.732% 15.728% 1.736% 100%
Banamex 40.634% 17.055% 11.504% 1.297% 2.949% 0.00000% 11.887% 9.052% 0.825% 100%
Bancomer 45.011% 19.256% 10.935% 0.138% 0.235% 0.00008% 11.762% 9.883% 1.037% 100%
Banorte Generali 32.397% 26.329% 18.566% 4.258% 2.561% 0.003% 0.00009% 2.908% 8.320% 4.235% 100%
Inbursa 1.718% 2.688% 8.886% 9.456% 4.977% 9.127% 0.43389% 44.659% 14.606% 1.603% 100%
Agosto ING 43.822% 20.068% 4.018% 5.055% 4.186% 4.685% 0.00913% 2.233% 12.788% 1.319% 100%
Principal 40.061% 19.778% 9.102% 0.973% 2.984% 0.770% 10.000% 12.423% 2.220% 100%
Profuturo GNP 55.121% 8.740% 6.092% 5.833% 0.00021% 0.002% 1.428% 16.792% 5.632% 100%
Santander Mexicano 33.954% 20.184% 6.797% 4.391% 1.879% 0.00043% 8.698% 17.312% 4.935% 100%
Tepeyac 31.036% 17.410% 11.025% 1.426% 0.989% 1.457% 0.00010% 12.396% 19.931% 2.160% 100%
XXI 42.865% 13.635% 8.272% 1.567% 3.569% 0.00203% 0.689% 13.605% 12.644% 100%
∑∑
25
Anexo A1.10 (Continuación)
2002
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 33.559% 20.158% 13.158% 2.941% 1.950% 0.00000% 7.379% 16.534% 1.784% 100%
Banamex 43.818% 15.542% 12.076% 1.423% 1.277% 3.622% 0.00032% 8.440% 8.877% 0.811% 100%
Bancomer 46.400% 18.292% 10.975% 0.133% 0.233% 0.00011% 10.369% 9.956% 1.024% 100%
Banorte Generali 31.400% 25.575% 18.253% 1.376% 2.489% 0.003% 0.00005% 2.837% 9.545% 4.123% 100%
Inbursa 5.030% 2.625% 8.692% 11.714% 4.827% 8.899% 0.00015% 40.829% 14.937% 1.563% 100%
Septiembre ING 43.717% 17.967% 4.002% 5.692% 4.197% 4.732% 0.27196% 1.659% 13.240% 0.908% 100%
Principal 41.469% 15.691% 10.296% 1.880% 2.928% 0.748% 0.00004% 9.420% 12.194% 2.189% 100%
Profuturo GNP 52.015% 10.991% 6.425% 5.635% 0.00000% 0.777% 16.888% 5.648% 100%
Santander Mexicano 34.539% 17.116% 6.648% 6.054% 1.833% 0.00389% 7.605% 16.668% 4.806% 100%
Tepeyac 30.873% 16.793% 10.848% 0.855% 0.975% 1.425% 0.00013% 11.379% 20.525% 2.134% 100%
XXI 43.736% 13.645% 8.834% 2.444% 3.650% 0.00043% 1.169% 13.501% 12.745% 100%
Allianz Dresdner 32.789% 18.189% 13.447% 5.824% 1.909% 0.00000% 0.221% 5.706% 16.462% 1.766% 100%
Banamex 43.130% 15.447% 12.011% 3.792% 1.276% 3.527% 0.00000% 7.616% 9.117% 0.772% 100%
Bancomer 48.826% 15.221% 11.028% 0.461% 0.258% 0.230% 0.00000% 8.790% 10.773% 1.009% 100%
Banorte Generali 33.170% 22.761% 19.602% 1.394% 2.511% 0.003% 0.00005% 2.831% 10.319% 4.124% 100%
Inbursa 9.866% 2.815% 8.565% 11.947% 4.896% 8.834% 0.00015% 35.396% 15.126% 1.550% 100%
Octubre ING 42.549% 15.608% 5.072% 8.218% 4.173% 4.544% 0.26622% 1.916% 12.839% 0.898% 100%
Principal 42.857% 16.152% 9.146% 3.462% 2.957% 0.746% 0.00000% 8.382% 12.015% 2.178% 100%
Profuturo GNP 51.521% 11.830% 5.598% 5.921% 0.00000% 1.950% 16.322% 5.546% 100%
Santander Mexicano 36.245% 16.058% 6.828% 5.545% 1.869% 0.00000% 0.207% 8.344% 16.863% 4.849% 100%
Tepeyac 31.734% 16.835% 12.745% 2.251% 1.002% 1.438% 0.00013% 0.035% 9.726% 21.500% 2.153% 100%
XXI 41.896% 11.683% 8.370% 5.204% 3.504% 0.00041% 11.985% 12.575% 100%
∑∑
26
Anexo A1.10 (Continuación)
2002
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 33.044% 15.647% 14.541% 6.983% 0.451% 1.831% 0.00308% 0.211% 3.798% 17.130% 2.156% 100%
Banamex 43.264% 16.669% 12.078% 3.168% 1.285% 4.131% 0.00000% 6.523% 8.977% 0.773% 100%
Bancomer 47.360% 15.937% 11.182% 1.098% 0.300% 0.220% 0.17338% 7.749% 10.328% 1.216% 100%
Banorte Generali 32.401% 19.370% 18.707% 4.576% 5.160% 0.003% 0.00016% 11.185% 3.925% 100%
Inbursa 12.845% 2.696% 8.273% 9.682% 4.845% 8.513% 0.00024% 32.213% 15.196% 1.533% 100%
Noviembre ING 45.202% 18.350% 3.437% 8.254% 3.686% 4.305% 0.25468% 1.672% 13.003% 0.861% 100%
Principal 49.282% 14.864% 9.115% 2.440% 3.163% 0.727% 0.00000% 5.614% 11.742% 2.637% 100%
Profuturo GNP 54.054% 12.870% 3.921% 6.553% 0.00039% 1.190% 15.556% 5.249% 100%
Santander Mexicano 37.091% 16.055% 6.471% 6.838% 1.764% 0.00000% 0.203% 7.388% 17.399% 5.360% 100%
Tepeyac 31.200% 14.418% 11.542% 0.562% 2.476% 1.005% 1.411% 0.00012% 0.034% 10.032% 21.084% 2.664% 100%
XXI 43.460% 13.974% 8.163% 7.655% 3.421% 0.00009% 8.342% 12.004% 1.928% 100%
Allianz Dresdner 35.436% 19.242% 14.751% 5.252% 0.456% 1.783% 0.00000% 0.549% 0.008% 18.593% 2.126% 100%
Banamex 44.155% 20.389% 11.840% 0.814% 1.109% 3.971% 0.00010% 4.693% 8.698% 0.739% 100%
Bancomer 48.125% 19.389% 11.590% 1.664% 1.086% 0.00016% 4.763% 10.320% 1.213% 100%
Banorte Generali 35.769% 17.129% 19.389% 4.397% 1.607% 0.002% 0.00000% 15.573% 3.836% 100%
Inbursa 16.509% 2.691% 15.909% 5.684% 0.325% 8.328% 0.00000% 27.130% 21.131% 1.552% 100%
Diciembre ING 45.361% 17.720% 4.270% 4.091% 1.216% 4.288% 0.25458% 1.227% 16.566% 0.848% 100%
Principal 48.154% 16.794% 10.073% 0.079% 1.239% 0.704% 0.00040% 5.519% 13.642% 2.606% 100%
Profuturo GNP 50.780% 15.922% 4.598% 0.351% 0.00000% 2.134% 21.629% 4.151% 100%
Santander Mexicano 37.169% 15.919% 6.549% 4.337% 0.781% 0.00000% 6.784% 19.975% 4.309% 100%
Tepeyac 30.329% 16.497% 12.836% 0.569% 2.439% 1.374% 0.00008% 0.036% 9.509% 20.995% 2.602% 100%
XXI 44.335% 13.491% 8.504% 6.769% 4.010% 0.00000% 0.667% 0.306% 12.202% 6.878% 100%
∑∑
27
Anexo A1.10 (Continuación)
2003
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 40.052% 17.660% 11.106% 5.690% 0.077% 0.449% 2.563% 0.00305% 0.564% 1.431% 0.008% 12.617% 5.068% 2.706% 100%
Banamex 42.542% 17.814% 11.277% 3.821% 0.147% 1.074% 5.743% 0.00000% 4.698% 3.775% 6.712% 2.398% 100%
Bancomer 49.431% 16.999% 11.371% 1.441% 0.309% 0.215% 0.00010% 4.143% 4.549% 8.807% 2.619% 0.117% 100%
Banorte Generali 38.010% 17.522% 16.187% 3.338% 3.535% 1.581% 0.002% 0.00015% 4.532% 6.849% 6.604% 1.838% 100%
Inbursa 21.391% 1.700% 7.892% 8.733% 5.459% 0.315% 8.139% 0.00000% 2.555% 27.238% 15.726% 0.427% 0.425% 100%
Enero ING 48.092% 10.594% 4.203% 2.864% 2.864% 7.538% 1.189% 5.614% 0.25485% 1.330% 1.212% 11.318% 1.718% 1.251% 100%
Principal 43.102% 20.025% 9.265% 2.931% 1.930% 1.226% 0.705% 0.00000% 1.180% 5.428% 9.236% 4.971% 100%
Profuturo GNP 46.110% 12.044% 2.959% 2.210% 6.359% 6.154% 0.340% 0.00037% 2.137% 1.933% 11.599% 8.184% 100%
Santander Mexicano 36.239% 15.140% 5.762% 6.980% 0.950% 0.620% 3.289% 0.00000% 3.164% 5.651% 13.712% 6.911% 1.583% 100%
Tepeyac 31.237% 15.118% 13.388% 4.307% 0.425% 1.500% 0.00000% 0.037% 2.865% 8.250% 17.429% 5.523% 100%
XXI 45.429% 15.966% 8.448% 3.107% 1.866% 1.590% 0.00009% 0.689% 2.838% 6.081% 8.467% 5.067% 0.465% 100%
Allianz Dresdner 40.588% 4.379% 10.419% 5.798% 10.347% 0.413% 3.935% 0.447% 1.793% 0.00309% 0.914% 0.008% 12.647% 5.080% 3.227% 100%
Banamex 43.065% 14.534% 11.951% 2.587% 3.947% 0.147% 1.068% 7.937% 0.00000% 2.753% 2.837% 6.771% 2.405% 100%
Bancomer 47.624% 17.005% 10.603% 5.307% 0.294% 0.211% 0.00009% 3.470% 4.218% 8.564% 2.591% 0.115% 100%
Banorte Generali 42.610% 13.720% 12.860% 6.956% 3.413% 1.536% 0.002% 0.00015% 3.115% 6.730% 6.507% 2.551% 100%
Inbursa 29.173% 1.692% 7.814% 8.591% 5.273% 0.306% 8.008% 0.00000% 21.741% 15.932% 0.630% 0.839% 100%
Febrero ING 44.809% 10.298% 4.164% 2.906% 2.768% 14.265% 1.143% 0.24893% 4.305% 1.126% 11.075% 1.649% 1.242% 100%
Principal 41.373% 15.060% 9.751% 5.563% 2.264% 1.199% 0.699% 0.00000% 4.886% 5.078% 9.185% 4.941% 100%
Profuturo GNP 45.164% 12.771% 2.771% 2.618% 6.411% 7.115% 0.336% 0.914% 0.00037% 0.839% 1.250% 11.650% 8.160% 100%
Santander Mexicano 39.829% 14.180% 6.170% 6.704% 1.155% 0.630% 2.730% 0.00000% 0.912% 4.747% 14.116% 7.169% 1.659% 100%
Tepeyac 31.772% 14.864% 14.938% 0.537% 3.313% 0.532% 1.349% 0.00000% 2.034% 7.724% 17.406% 5.533% 100%
XXI 45.383% 15.957% 9.045% 3.991% 1.827% 0.617% 1.032% 0.00009% 0.987% 2.415% 4.936% 8.348% 4.994% 0.468% 100%
∑∑
28
Anexo A1.10 (Continuación)
2003
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Allianz Dresdner 38.427% 6.788% 8.332% 7.504% 9.858% 0.660% 3.761% 0.427% 1.682% 0.00293% 2.448% 0.008% 12.075% 4.947% 3.082% 100%
Banamex 34.109% 65.891% 100%
Bancomer 42.193% 15.484% 11.827% 4.653% 1.679% 0.145% 1.054% 7.774% 0.00000% 3.439% 2.572% 6.663% 2.517% 100%
Banorte Generali 49.148% 16.303% 10.264% 3.678% 2.739% 0.293% 0.208% 0.00009% 0.783% 3.242% 2.101% 8.487% 2.644% 0.110% 100%
Inbursa 44.291% 14.545% 9.214% 7.933% 3.357% 2.734% 0.002% 0.00015% 2.568% 6.543% 6.328% 2.483% 100%
Marzo ING 32.565% 1.051% 7.588% 14.094% 5.186% 0.301% 5.123% 0.00000% 4.408% 12.716% 15.542% 0.597% 0.830% 100%
Principal 43.800% 8.626% 4.127% 6.695% 2.740% 14.650% 1.127% 0.00026% 1.967% 1.265% 1.104% 10.850% 1.817% 1.230% 100%
Profuturo GNP 40.498% 16.677% 10.606% 0.135% 2.948% 1.810% 5.385% 0.883% 0.338% 0.00000% 0.473% 4.156% 11.094% 4.997% 100%
Santander Mexicano 44.579% 13.770% 3.158% 2.684% 6.271% 7.354% 0.328% 0.900% 0.942% 0.00036% 0.509% 11.297% 8.207% 100%
Tepeyac 39.900% 12.459% 6.488% 5.965% 1.428% 0.556% 2.350% 0.418% 3.254% 4.664% 13.899% 6.984% 1.635% 100%
XXI 45.237% 14.283% 9.415% 4.130% 1.829% 2.783% 1.029% 0.00009% 0.000% 4.326% 3.278% 8.304% 4.918% 0.469% 100%
Actinver 48.290% 7.871% 14.933% 10.609% 14.414% 0.00000% 3.883% 100%
Allianz Dresdner I-1 42.100% 12.435% 8.822% 2.516% 4.422% 0.705% 3.959% 0.457% 1.768% 0.00308% 0.133% 0.008% 14.124% 5.213% 3.335% 100%
Azteca 33.587% 66.413% 100%
Banamex N° 1 45.096% 10.153% 11.743% 7.619% 1.659% 0.148% 1.054% 7.559% 0.00000% 3.372% 2.218% 6.880% 2.499% 100%
Bancomer Real 49.710% 18.599% 10.102% 4.882% 1.016% 0.286% 2.213% 0.00009% 0.073% 1.570% 8.818% 2.621% 0.109% 100%
Abril Fondo Sólida Banorte Generali 46.807% 21.908% 5.588% 3.631% 3.305% 2.718% 0.002% 0.00014% 0.283% 7.043% 6.232% 2.482% 100%
Inbursa 34.834% 0.516% 7.455% 22.100% 5.224% 0.303% 1.921% 0.00000% 3.936% 6.456% 15.826% 0.591% 0.839% 100%
ING 42.779% 11.246% 4.044% 6.207% 2.921% 14.847% 1.115% 0.00025% 0.437% 2.068% 0.246% 11.074% 1.780% 1.235% 100%
Principal 40.170% 20.151% 11.246% 0.565% 1.964% 7.722% 0.877% 0.00000% 0.800% 11.625% 4.880% 100%
Fondo Profuturo 43.261% 19.847% 3.069% 0.222% 6.393% 5.966% 0.398% 0.00035% 1.033% 0.221% 11.607% 7.982% 100%
Ahorro Santander Mexicano 39.443% 16.751% 6.393% 3.272% 1.421% 0.544% 5.407% 1.275% 3.098% 14.065% 6.709% 1.620% 100%
XXI 43.959% 16.638% 9.564% 4.591% 1.956% 5.102% 1.026% 0.00009% 2.442% 0.921% 8.222% 5.105% 0.475% 100%
∑∑
29
Anexo A1.10 (Continuación)
2003
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Actinver 44.714% 19.549% 13.716% 12.467% 5.661% 0.348% 3.547% 100%
Allianz Dresdner I-1 39.741% 15.451% 8.369% 2.381% 4.023% 0.702% 3.708% 0.438% 1.687% 0.00000% 15.517% 4.896% 3.087% 100%
Azteca 42.932% 11.074% 3.501% 13.873% 20.470% 2.776% 5.375% 100%
Banamex N° 1 46.702% 15.410% 11.897% 3.716% 1.629% 0.146% 1.037% 9.186% 0.00000% 1.054% 0.324% 6.878% 2.021% 100%
Bancomer Real 48.214% 24.388% 9.535% 0.840% 0.740% 0.044% 3.615% 0.00009% 1.866% 8.340% 2.315% 0.104% 100%
Mayo Fondo Sólida Banorte Generali 45.488% 22.954% 2.675% 5.105% 4.247% 2.655% 0.002% 0.00014% 0.009% 8.581% 5.928% 2.356% 100%
Inbursa 40.280% 0.509% 7.237% 24.677% 5.236% 0.298% 1.840% 0.00000% 3.083% 15.474% 0.578% 0.789% 100%
ING 41.983% 16.341% 3.946% 3.919% 2.861% 14.909% 1.083% 0.00024% 1.135% 10.936% 1.735% 1.153% 100%
Principal 39.377% 20.261% 10.559% 0.557% 2.635% 7.033% 0.865% 0.00000% 2.028% 0.435% 11.551% 4.698% 100%
Fondo Profuturo 44.889% 24.115% 2.832% 6.617% 1.650% 0.392% 0.00034% 0.119% 12.499% 6.887% 100%
Ahorro Santander Mexicano 42.467% 22.142% 5.584% 2.141% 1.508% 0.541% 1.260% 2.356% 13.954% 6.489% 1.558% 100%
XXI 42.532% 19.176% 9.541% 1.106% 4.902% 1.923% 5.347% 0.949% 0.00008% 0.807% 8.386% 4.885% 0.446% 100%
Actinver 65.676% 13.863% 12.016% 3.035% 1.098% 4.312% 100%
Allianz Dresdner I-1 40.064% 14.618% 8.625% 2.401% 4.080% 0.735% 2.491% 0.448% 0.402% 0.00000% 0.465% 18.069% 4.426% 3.176% 100%
Azteca 63.208% 6.336% 12.529% 7.812% 3.073% 7.042% 100%
Banamex N° 1 50.639% 10.517% 11.865% 0.949% 1.603% 1.662% 1.032% 9.022% 0.00000% 3.249% 0.318% 7.153% 1.991% 100%
Bancomer Real 48.104% 26.991% 8.499% 0.065% 3.601% 0.00009% 0.943% 0.038% 9.330% 2.328% 0.101% 100%
Junio Fondo Sólida Banorte Generali 44.619% 22.751% 2.690% 4.318% 4.296% 2.651% 0.002% 0.00013% 1.549% 8.917% 5.864% 2.343% 100%
Inbursa 40.982% 0.517% 7.177% 22.545% 5.379% 0.300% 1.833% 0.00000% 4.050% 15.841% 0.575% 0.801% 100%
ING 41.698% 16.913% 4.323% 3.585% 2.902% 14.673% 1.116% 0.00024% 0.212% 0.646% 10.997% 1.719% 1.216% 100%
Principal 41.534% 23.709% 10.426% 0.539% 2.822% 3.406% 0.865% 0.00000% 12.044% 4.656% 100%
Fondo Profuturo 43.529% 24.902% 3.117% 7.393% 0.393% 0.00034% 0.683% 13.121% 6.836% 0.026% 100%
Ahorro Santander Mexicano 44.520% 20.545% 6.341% 2.055% 2.171% 0.565% 1.302% 0.140% 14.987% 5.741% 1.634% 100%
XXI 41.777% 18.622% 10.057% 5.922% 2.083% 5.223% 0.947% 0.00008% 0.231% 0.795% 9.076% 4.816% 0.451% 100%
∑∑
30
Anexo A1.10 (Continuación)
2003 BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES VALORES PRIVADOS
VALORES BANCARIOS
ENTIDADES CARTERA
Actinver 49.884% 23.823% 9.339% 9.063% 3.058% 4.834% 100%
Allianz Dresdner I-1
37.619% 8.257% 5.679% 7.459% 8.106% 0.691% 2.370% 0.427% 0.376% 0.00000% 0.502% 2.704% 16.602% 6.200% 3.007% 100%
Azteca 41.648% 4.613% 20.747% 0.000% 15.570% 5.633% 3.382% 5.088% 3.317% 100% Banamex
N° 1 50.772% 10.660% 12.038% 0.233% 0.847% 3.513% 1.033% 8.921% 0.00000% 0.000% 2.334% 7.350% 2.298% 100%
Bancomer Real
48.899% 15.713% 8.428% 5.531% 0.690% 0.507% 3.544% 0.00009% 0.282% 3.823% 10.187% 2.295% 0.100% 100%
Julio Fondo Sólida Banorte Generali
43.658% 23.253% 0.029% 7.021% 3.233% 2.583% 0.002% 0.00013% 1.984% 8.639% 7.328% 2.271% 100%
Inbursa 43.198% 0.489% 6.465% 21.029% 5.287% 0.294% 1.802% 0.00000% 3.424% 16.661% 0.564% 0.786% 100% ING 42.453% 12.468% 4.878% 5.248% 3.272% 14.149% 1.089% 0.00023% 2.280% 11.303% 1.682% 1.177% 100% Principal 45.650% 15.962% 8.960% 2.097% 2.860% 2.777% 0.866% 0.00000% 3.900% 12.282% 4.647% 100% Fondo
Profuturo 45.484% 20.106% 2.740% 7.291% 0.809% 0.00033% 0.509% 0.540% 13.137% 9.357% 0.026% 100%
Ahorro Santander Mexicano
40.479% 19.093% 5.126% 5.463% 2.160% 0.528% 1.192% 1.122% 4.333% 13.736% 5.254% 1.515% 100%
XXI 40.848% 16.462% 9.703% 6.047% 2.049% 5.128% 0.942% 0.00008% 4.176% 9.801% 4.400% 0.445% 100%
Actinver 55.924% 25.939% 10.687% 3.341% 4.108% 100%
Allianz Dresdner I-1
38.518% 15.594% 5.853% 4.313% 5.082% 0.714% 2.389% 0.426% 0.385% 0.00000% 0.324% 16.940% 6.364% 3.097% 100%
Azteca 48.808% 3.945% 15.211% 8.643% 13.262% 0.604% 4.503% 5.024% 100% Banamex
N° 1 52.454% 13.864% 10.355% 4.477% 0.995% 7.010% 0.00000% 1.604% 7.289% 1.952% 100%
Bancomer Real
49.900% 22.814% 8.522% 0.320% 0.963% 0.847% 3.562% 0.00009% 0.059% 10.362% 2.550% 0.101% 100%
Agosto Fondo Sólida Banorte Generali
44.919% 19.689% 0.029% 6.618% 3.189% 2.543% 0.002% 0.00013% 4.244% 8.715% 7.413% 2.638% 100%
Inbursa 43.601% 0.127% 6.448% 22.438% 4.978% 0.288% 1.778% 0.00000% 2.528% 16.457% 0.564% 0.793% 100% ING 42.528% 14.279% 4.820% 4.563% 3.169% 12.121% 1.042% 0.00023% 2.135% 11.140% 3.039% 1.164% 100% Principal 44.943% 16.240% 8.883% 0.307% 4.405% 2.774% 2.724% 0.833% 0.00000% 2.140% 12.162% 4.590% 100% Fondo
Profuturo 48.630% 18.537% 2.237% 7.123% 0.769% 0.00032% 0.708% 12.866% 9.104% 0.025% 100%
Ahorro Santander Mexicano
40.788% 24.207% 6.535% 4.459% 2.160% 0.524% 1.215% 0.00000% 0.507% 13.246% 4.803% 1.555% 100%
XXI 44.359% 15.644% 9.609% 7.129% 1.985% 5.037% 0.903% 0.00008% 0.161% 9.996% 4.736% 0.441% 100%
31
Anexo A1.10 (Continuación)
2003 BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES VALORES PRIVADOS
VALORES BANCARIOS
ENTIDADES CARTERA
Actinver 46.756% 17.173% 14.513% 16.789% 0.579% 4.190% 100%
Allianz Dresdner I-1
40.631% 13.244% 6.013% 0.669% 5.094% 0.752% 1.923% 0.435% 0.00000% 4.905% 17.180% 5.995% 3.159% 100%
Azteca 41.122% 15.202% 5.077% 17.795% 6.314% 3.189% 4.939% 6.361% 100%
Banamex N° 1
56.215% 11.018% 10.409% 5.950% 0.998% 2.965% 0.00000% 2.458% 7.284% 2.704% 100%
Bancomer Real
48.048% 26.005% 8.503% 1.050% 1.701% 0.00008% 0.909% 10.914% 2.774% 0.096% 100%
Septimebre Fondo Sólida Banorte Generali
44.882% 21.936% 0.029% 1.285% 3.352% 2.584% 0.002% 0.00013% 2.407% 10.982% 9.885% 2.656% 100%
Inbursa 42.395% 4.698% 27.444% 2.420% 0.278% 1.695% 0.00000% 4.440% 15.341% 0.520% 0.769% 100%
ING 45.247% 11.773% 4.892% 3.685% 3.240% 10.607% 1.052% 0.00023% 2.666% 11.909% 3.748% 1.180% 100%
Principal 45.009% 16.621% 9.309% 0.298% 0.572% 3.060% 2.654% 0.826% 0.00000% 2.666% 12.359% 6.624% 100%
Fondo Profuturo
43.624% 22.542% 0.479% 7.417% 0.036% 0.756% 0.00031% 1.059% 14.365% 9.697% 0.025% 100%
Ahorro Santander Mexicano
41.137% 20.455% 7.371% 5.804% 2.493% 0.520% 1.188% 0.00000% 3.323% 12.903% 3.269% 1.537% 100%
XXI 45.420% 16.657% 9.773% 2.743% 2.025% 5.016% 0.913% 0.00008% 2.101% 10.219% 4.686% 0.448% 100%
Actinver 40.869% 20.517% 11.148% 15.779% 1.837% 3.149% 2.669% 4.031% 100%
Allianz Dresdner I-1
39.895% 19.385% 6.019% 3.590% 2.145% 0.441% 0.00000% 0.288% 17.332% 7.688% 3.217% 100%
Azteca 43.605% 6.995% 4.155% 2.637% 23.075% 0.000% 5.114% 0.429% 4.037% 6.578% 3.375% 100%
Banamex N° 1
59.432% 6.522% 10.221% 7.325% 0.986% 2.886% 0.00000% 0.961% 7.114% 3.109% 1.443% 100%
Bancomer Real
46.835% 22.761% 8.289% 0.285% 0.973% 1.496% 1.668% 0.00008% 3.715% 10.673% 2.741% 0.563% 100%
Octubre Fondo Sólida Banorte Generali
40.286% 27.092% 0.822% 1.227% 3.310% 2.472% 0.002% 0.00013% 0.222% 10.453% 9.460% 4.654% 100%
Inbursa 47.733% 4.732% 26.476% 1.717% 0.00000% 1.794% 16.234% 0.527% 0.787% 100%
ING 45.071% 17.231% 4.842% 5.008% 4.166% 3.038% 1.058% 0.00023% 0.119% 11.789% 4.917% 2.762% 100%
Principal 43.515% 18.098% 8.590% 4.524% 0.938% 2.667% 0.832% 0.00000% 0.549% 12.323% 6.638% 1.327% 100%
Fondo Profuturo
40.799% 24.783% 0.085% 9.217% 0.490% 0.753% 0.00031% 14.175% 9.675% 0.023% 100%
Ahorro Santander Mexicano
41.555% 18.919% 7.403% 6.832% 4.829% 0.521% 0.879% 0.602% 12.818% 3.203% 2.440% 100%
XXI 48.405% 16.906% 9.951% 1.142% 2.229% 0.652% 1.074% 0.901% 0.00008% 0.172% 10.005% 5.364% 3.199% 100%
32
Anexo A1.10 (Continuación)
2003 BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES VALORES PRIVADOS
VALORES BANCARIOS
ENTIDADES CARTERA
Actinver 43.900% 23.512% 9.107% 14.483% 0.982% 2.562% 2.182% 3.274% 100%
Allianz Dresdner I-1
39.074% 19.798% 6.074% 2.673% 2.134% 0.447% 0.00000% 1.102% 16.997% 7.670% 4.032% 100%
Azteca 37.681% 25.215% 6.459% 2.340% 1.965% 10.787% 0.801% 3.016% 6.188% 5.547% 100%
Banamex N° 1
58.532% 3.628% 9.925% 10.326% 0.982% 2.856% 0.00000% 2.104% 7.178% 3.049% 1.419% 100%
Bancomer Real
46.460% 24.413% 8.264% 0.282% 0.769% 1.653% 0.00008% 4.100% 10.757% 2.745% 0.559% 100%
Noviembre Fondo Sólida Banorte Generali
37.866% 26.743% 0.816% 1.208% 4.758% 2.457% 0.002% 0.00013% 0.854% 11.055% 9.703% 4.538% 100%
Inbursa 46.759% 3.096% 27.940% 1.635% 0.00000% 3.739% 15.592% 0.507% 0.732% 100%
ING 43.179% 17.054% 4.679% 4.558% 4.965% 1.016% 1.026% 0.00022% 3.207% 11.586% 5.029% 3.699% 100%
Principal 42.501% 17.480% 8.556% 5.050% 2.459% 0.696% 0.00000% 2.633% 12.150% 6.564% 1.912% 100%
Fondo Profuturo
40.315% 25.074% 0.123% 9.443% 0.035% 0.798% 0.00031% 0.418% 14.098% 9.672% 0.023% 100%
Ahorro Santander Mexicano
41.110% 18.587% 7.374% 6.157% 3.897% 0.522% 0.876% 3.285% 12.624% 3.151% 2.417% 100%
XXI 48.608% 19.952% 10.794% 1.125% 0.282% 0.894% 0.00008% 0.237% 9.791% 5.173% 3.144% 100%
Actinver 42.873% 25.930% 8.747% 11.032% 0.363% 3.156% 2.145% 5.755% 100%
Allianz Dresdner I-1
39.455% 13.496% 6.206% 5.137% 2.132% 0.456% 0.00000% 4.261% 15.386% 8.074% 5.397% 100%
Azteca 36.239% 24.307% 12.487% 2.006% 10.669% 1.680% 0.008% 2.571% 5.285% 4.749% 100%
Banamex N° 1
58.006% 3.480% 9.984% 0.754% 10.412% 0.994% 2.520% 0.00000% 1.777% 7.116% 2.953% 2.004% 100%
Bancomer Real
46.650% 22.956% 8.381% 0.282% 0.590% 0.458% 1.649% 0.00008% 4.669% 10.730% 2.783% 0.852% 100%
Diciembre Fondo Sólida Banorte Generali
37.259% 24.753% 1.014% 1.197% 4.701% 2.472% 0.002% 2.536% 10.930% 9.420% 5.715% 100%
Inbursa 50.154% 3.111% 26.099% 1.651% 0.00000% 1.244% 16.485% 0.512% 0.744% 100%
ING 42.582% 19.276% 4.660% 2.568% 5.877% 1.009% 1.033% 0.00022% 1.898% 11.807% 5.001% 4.291% 100%
Principal 42.279% 15.467% 8.552% 0.700% 5.043% 2.422% 0.700% 0.00000% 4.355% 11.978% 6.610% 1.893% 100%
Fondo Profuturo
37.324% 25.433% 0.365% 11.991% 0.036% 0.882% 0.00031% 0.291% 14.000% 9.655% 0.023% 100%
Ahorro Santander Mexicano
40.988% 20.532% 8.095% 2.415% 5.185% 0.358% 0.879% 2.725% 12.593% 3.369% 2.862% 100%
XXI 47.247% 19.173% 12.480% 0.196% 1.221% 1.395% 0.00008% 0.212% 9.844% 5.096% 3.137% 100%
33
Anexo A1.10 (Continuación)
2004 BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES 91
BONDES VALORES PRIVADOS
VALORES BANCARIOS
ENTIDADES CARTERA
Actinver 51.956% 15.640% 8.295% 10.716% 2.993% 2.977% 2.001% 5.422% 100%
Allianz Dresdner I-1
39.465% 22.038% 6.192% 0.005% 2.156% 0.463% 0.00000% 0.463% 15.554% 8.197% 5.466% 100%
Azteca 30.917% 22.857% 19.033% 8.546% 8.586% 2.215% 3.778% 4.067% 100%
Banamex N° 1
55.390% 7.068% 9.777% 0.010% 11.133% 0.987% 0.00000% 3.697% 7.033% 2.827% 2.077% 100%
Bancomer Real
45.389% 25.908% 8.463% 0.441% 0.823% 0.556% 0.000% 1.094% 0.00008% 3.237% 10.506% 2.748% 0.836% 100%
Enero Fondo Sólida Banorte Generali
34.737% 24.924% 0.929% 2.102% 3.953% 2.345% 0.002% 4.565% 10.294% 8.963% 7.188% 100%
Inbursa 48.776% 3.026% 26.356% 0.000% 1.614% 0.00000% 2.883% 16.106% 0.500% 0.738% 100%
ING 41.023% 21.677% 4.534% 2.500% 5.733% 0.977% 1.012% 0.00021% 1.807% 11.507% 4.736% 4.492% 100%
Principal 42.211% 19.561% 8.817% 5.338% 0.713% 0.00000% 1.681% 12.127% 6.737% 2.816% 100%
Fondo Profuturo
37.099% 25.517% 0.340% 11.785% 0.034% 1.293% 0.00030% 0.504% 13.808% 9.596% 0.023% 100%
Ahorro Santander Mexicano
40.480% 19.784% 8.169% 3.775% 4.946% 0.352% 4.053% 12.330% 3.301% 2.809% 100%
XXI 45.844% 16.685% 13.797% 0.191% 1.154% 1.400% 0.00008% 3.302% 9.591% 4.985% 3.051% 100%
Actinver 49.108% 7.823% 29.074% 1.357% 3.756% 3.743% 5.138% 100%
Allianz Dresdner I-1
36.596% 11.520% 19.368% 8.220% 11.291% 5.594% 3.604% 3.808% 100%
Azteca 53.455% 6.690% 9.817% 0.010% 11.896% 3.594% 0.973% 0.00000% 0.524% 7.497% 3.030% 2.090% 100%
Banamex N° 1
45.692% 26.318% 8.695% 0.276% 1.031% 0.000% 1.089% 0.00008% 2.690% 10.487% 2.886% 0.835% 100%
Bancomer Real
36.086% 26.855% 0.948% 2.184% 3.701% 2.392% 0.002% 0.00000% 0.490% 10.572% 9.285% 7.485% 100%
Febrero Fondo Sólida Banorte Generali
39.479% 15.549% 6.157% 2.797% 2.097% 0.449% 0.00000% 4.793% 15.162% 8.095% 5.423% 100%
Inbursa 49.043% 3.018% 26.455% 1.593% 0.00000% 3.328% 15.318% 0.500% 0.745% 100%
ING 40.873% 21.223% 4.535% 2.491% 5.731% 0.965% 0.990% 0.00021% 2.579% 11.426% 4.695% 4.493% 100%
Principal 44.333% 12.277% 8.686% 1.934% 5.113% 0.497% 0.687% 0.00000% 4.976% 11.831% 6.893% 2.773% 100%
Fondo Profuturo
38.936% 19.421% 0.335% 11.938% 1.872% 1.334% 0.00030% 1.114% 14.639% 9.594% 0.816% 100%
Ahorro Santander Mexicano
42.155% 11.429% 9.011% 8.370% 2.516% 4.205% 0.278% 0.345% 0.00000% 2.203% 13.048% 3.625% 2.815% 100%
XXI 47.246% 14.486% 15.034% 0.884% 1.209% 1.024% 1.387% 0.00008% 0.604% 9.641% 5.398% 3.087% 100%
34
Anexo A1.10 (Continuación)
2004
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Actinver 40.210% 37.820% 5.862% 2.075% 1.717% 2.782% 2.809% 6.725% 100%
Allianz Dresdner I-1 30.892% 24.716% 13.557% 7.047% 8.901% 4.783% 3.075% 7.030% 100%
Azteca 50.119% 3.726% 9.586% 0.415% 0.010% 12.218% 7.899% 0.957% 0.00000% 1.670% 7.563% 2.958% 2.880% 100%
Banamex N° 1 46.266% 21.657% 7.106% 2.208% 0.483% 1.295% 0.035% 1.069% 0.00008% 5.621% 10.515% 2.923% 0.820% 100%
Bancomer Real 37.179% 24.980% 3.233% 1.963% 2.242% 2.826% 0.002% 1.706% 9.978% 8.796% 7.095% 100%
Marzo Fondo Sólida Banorte Generali 42.128% 13.948% 5.935% 2.809% 0.290% 2.006% 0.436% 0.000% 0.00000% 4.697% 14.689% 7.820% 5.243% 100%
Inbursa 47.829% 2.922% 27.316% 3.124% 0.00000% 3.552% 14.056% 0.475% 0.726% 100%
ING 40.876% 15.056% 4.318% 8.236% 5.009% 0.925% 0.947% 0.00020% 4.502% 11.377% 4.453% 4.301% 100%
Principal 43.823% 16.241% 8.198% 0.548% 1.257% 4.704% 0.591% 0.661% 0.00000% 2.786% 11.337% 6.608% 3.244% 100%
Fondo Profuturo 42.154% 11.537% 0.298% 10.893% 1.984% 1.303% 0.00029% 4.262% 14.012% 8.698% 4.859% 100%
Ahorro Santander Mexicano 42.326% 16.420% 8.665% 7.892% 3.371% 0.934% 0.327% 0.00000% 0.030% 12.775% 3.247% 4.012% 100%
XXI 47.100% 10.112% 13.882% 0.859% 0.793% 1.000% 0.012% 0.00008% 6.938% 9.660% 5.913% 3.732% 100%
Actinver 56.909% 19.455% 2.434% 7.752% 0.980% 2.861% 2.821% 6.789% 100%
Allianz Dresdner I-1 48.989% 2.652% 2.700% 11.302% 22.738% 4.380% 2.858% 4.381% 100%
Azteca 50.705% 4.509% 9.399% 0.419% 12.313% 7.565% 0.956% 0.00000% 0.950% 7.503% 2.907% 2.775% 100%
Banamex N° 1 45.690% 19.436% 7.987% 2.308% 0.393% 1.358% 1.319% 0.235% 1.112% 0.00008% 5.542% 10.758% 3.032% 0.830% 100%
Bancomer Real 40.197% 18.947% 2.631% 1.871% 1.950% 2.193% 2.812% 0.002% 3.880% 9.826% 8.732% 6.959% 100%
Abril Fondo Sólida Banorte Generali 43.396% 14.156% 5.872% 2.897% 0.210% 1.940% 0.443% 0.00000% 3.128% 14.921% 7.756% 5.282% 100%
Inbursa 47.200% 8.973% 21.633% 3.426% 0.00000% 3.838% 13.759% 0.471% 0.699% 100%
ING 41.516% 14.437% 4.258% 8.646% 4.180% 0.944% 0.948% 0.00021% 4.831% 11.371% 4.735% 4.134% 100%
Principal 45.822% 9.869% 7.222% 1.691% 3.045% 4.219% 0.586% 1.008% 0.670% 0.00000% 4.549% 11.464% 6.680% 3.173% 100%
Fondo Profuturo 45.097% 10.143% 0.503% 10.134% 1.003% 1.459% 0.00030% 3.789% 14.109% 9.038% 4.724% 100%
Ahorro Santander Mexicano 45.284% 15.117% 5.728% 4.209% 2.179% 0.260% 5.951% 13.459% 3.726% 4.087% 100%
XXI 47.990% 15.713% 10.986% 0.916% 0.732% 1.036% 0.012% 0.00008% 3.251% 9.745% 5.933% 3.686% 100%
∑∑
35
Anexo A1.10 (Continuación)
2004
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Actinver 61.888% 5.042% 2.371% 11.083% 3.437% 4.024% 2.783% 2.744% 6.629% 100%
Allianz Dresdner I-1 43.134% 6.885% 2.267% 7.593% 3.740% 9.549% 17.640% 3.171% 2.401% 3.621% 100%
Azteca 46.906% 5.038% 9.314% 0.413% 0.000% 13.195% 7.568% 0.939% 0.00000% 3.795% 7.327% 2.772% 2.734% 100%
Banamex N° 1 40.189% 14.638% 8.777% 6.433% 0.104% 0.908% 3.421% 0.412% 1.072% 0.00008% 10.074% 10.283% 2.884% 0.805% 100%
Bancomer Real 39.455% 8.944% 0.694% 4.394% 12.312% 2.008% 2.120% 2.739% 0.002% 0.00000% 2.621% 9.516% 8.436% 6.759% 100%
Mayo Fondo Sólida Banorte Generali 41.816% 7.522% 5.709% 7.902% 7.784% 1.875% 0.425% 0.00000% 0.420% 14.161% 7.398% 4.986% 100%
Inbursa 45.847% 1.010% 4.357% 19.846% 0.347% 13.379% 0.694% 13.417% 0.459% 0.643% 100%
ING 40.680% 12.957% 4.303% 13.692% 3.188% 0.921% 0.925% 0.00020% 3.881% 11.053% 4.384% 4.017% 100%
Principal 42.486% 6.953% 7.374% 4.743% 5.118% 3.382% 1.278% 1.094% 3.218% 0.660% 0.00000% 3.284% 11.189% 6.082% 3.139% 100%
Fondo Profuturo 44.336% 7.080% 0.490% 0.924% 10.281% 3.155% 1.148% 0.00030% 5.809% 13.167% 8.725% 4.885% 100%
Ahorro Santander Mexicano 44.973% 14.613% 6.347% 6.812% 0.000% 2.829% 1.794% 0.252% 1.949% 12.936% 3.610% 3.885% 100%
XXI 47.329% 12.611% 10.953% 0.902% 0.730% 1.661% 0.011% 0.00008% 7.019% 9.546% 5.615% 3.622% 100%
Actinver 47.359% 16.071% 1.759% 24.274% 1.328% 2.121% 2.073% 5.014% 100%
Azteca 42.339% 15.871% 4.695% 12.860% 3.167% 8.129% 3.190% 1.990% 2.671% 2.031% 3.057% 100%
Banamex N° 1 47.750% 5.291% 9.086% 0.411% 13.340% 7.647% 0.925% 0.00000% 3.730% 6.906% 2.722% 2.193% 100%
Bancomer Real 40.573% 13.434% 9.891% 9.820% 0.105% 1.158% 3.612% 0.634% 1.080% 0.00008% 5.644% 10.211% 3.042% 0.797% 100%
Fondo Sólida Banorte Generali 38.721% 10.852% 0.683% 4.319% 13.057% 1.961% 2.670% 0.002% 3.749% 9.217% 8.218% 6.551% 100%
Junio HSBC S1 42.369% 4.547% 5.448% 11.509% 3.774% 1.802% 0.411% 0.00000% 4.625% 13.600% 7.140% 4.774% 100%
Inbursa 45.618% 2.464% 4.332% 27.229% 0.334% 4.509% 1.113% 13.162% 0.609% 0.631% 100%
ING 39.575% 11.995% 4.085% 0.000% 16.891% 3.051% 0.900% 0.891% 0.00020% 4.098% 10.442% 4.202% 3.870% 100%
Principal 41.165% 4.606% 6.526% 8.515% 2.136% 2.641% 2.507% 1.331% 3.130% 0.636% 0.00000% 7.199% 10.701% 5.862% 3.045% 100%
Fondo Profuturo 43.585% 12.207% 0.925% 10.007% 2.699% 1.962% 0.675% 0.00029% 2.362% 12.295% 8.503% 4.779% 100%
Ahorro Santander Mexicano 45.165% 12.353% 6.299% 8.201% 1.864% 1.480% 0.250% 4.400% 12.746% 3.603% 3.639% 100%
XXI 41.251% 13.658% 10.893% 1.241% 0.724% 5.364% 0.012% 0.00008% 7.770% 9.516% 5.703% 3.870% 100%
∑∑
36
Anexo A1.10 (Continuación)
2004
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Actinver 54.066% 2.086% 1.711% 30.874% 2.284% 2.072% 2.021% 4.886% 100%
Azteca 42.577% 0.607% 6.022% 5.975% 7.566% 4.786% 14.885% 12.789% 1.913% 2.879% 100%
Banamex N° 1 47.552% 6.267% 9.045% 0.409% 13.926% 7.663% 0.932% 0.00000% 2.294% 7.275% 2.439% 2.198% 100%
Bancomer Real 39.509% 10.355% 9.371% 10.974% 0.103% 1.028% 3.755% 0.626% 1.047% 0.00008% 9.610% 10.154% 2.685% 0.781% 100%
Fondo Sólida Banorte Generali 37.943% 6.568% 6.001% 19.580% 1.947% 2.658% 0.002% 0.595% 9.393% 8.815% 6.498% 100%
Julio HSBC S1 41.680% 4.746% 5.078% 10.739% 7.750% 1.689% 0.389% 0.00000% 3.904% 12.831% 6.674% 4.519% 100%
Inbursa 45.605% 2.399% 2.118% 30.745% 0.323% 4.392% 0.00000% 0.281% 12.923% 0.594% 0.620% 100%
ING 40.211% 12.433% 4.173% 14.761% 3.145% 0.921% 0.919% 0.00020% 4.360% 10.975% 4.129% 3.974% 100%
Principal 41.044% 4.670% 7.196% 9.253% 4.115% 2.553% 1.917% 1.331% 3.105% 0.639% 0.00000% 4.656% 10.699% 5.780% 3.041% 100%
Fondo Profuturo 35.218% 18.749% 0.925% 1.219% 10.077% 2.637% 3.026% 0.672% 0.00029% 2.771% 12.213% 7.754% 4.739% 100%
Ahorro Santander Mexicano 41.360% 11.429% 6.224% 7.571% 1.799% 1.708% 1.442% 0.246% 8.678% 12.452% 3.515% 3.576% 100%
XXI 39.230% 13.328% 9.061% 2.575% 2.890% 0.697% 5.103% 0.011% 0.00008% 7.450% 9.960% 5.400% 4.294% 100%
Actinver 50.485% 16.193% 1.495% 21.777% 2.318% 1.780% 1.726% 4.225% 100%
Azteca 36.122% 10.213% 5.702% 5.108% 6.439% 4.062% 17.456% 10.880% 1.611% 2.407% 100%
Banamex N° 1 47.719% 7.258% 8.907% 14.439% 7.977% 0.897% 0.00000% 0.767% 7.123% 2.746% 2.168% 100%
Bancomer Real 40.664% 13.211% 10.092% 10.830% 0.426% 1.073% 4.536% 0.594% 0.709% 0.00008% 4.122% 10.045% 2.923% 0.774% 100%
Fondo Sólida Banorte Generali 36.926% 12.313% 1.892% 10.941% 7.542% 1.867% 2.531% 0.002% 2.048% 8.995% 8.597% 6.346% 100%
Agosto HSBC S1 41.348% 2.171% 5.087% 11.324% 9.761% 1.701% 0.378% 0.00000% 4.102% 12.620% 6.998% 4.510% 100%
Inbursa 46.621% 2.415% 2.089% 34.511% 0.331% 0.087% 12.738% 0.590% 0.619% 100%
ING 38.738% 14.405% 4.062% 15.608% 3.004% 0.875% 0.866% 0.00019% 3.668% 10.531% 4.397% 3.846% 100%
Principal 40.786% 8.973% 8.854% 9.152% 0.523% 2.535% 3.806% 1.327% 1.968% 0.622% 0.00000% 0.641% 10.614% 6.028% 4.172% 100%
Fondo Profuturo 41.117% 12.685% 0.950% 1.235% 10.418% 1.516% 3.401% 0.666% 0.00029% 3.112% 12.207% 7.878% 4.816% 100%
Ahorro Santander Mexicano 41.968% 6.788% 6.966% 12.753% 1.918% 1.763% 2.670% 0.242% 5.402% 12.420% 3.506% 3.603% 100%
XXI 39.044% 13.377% 9.078% 4.549% 1.859% 0.717% 6.275% 0.011% 0.00008% 5.190% 9.893% 5.706% 4.301% 100%
∑∑
37
Anexo A1.10 (Continuación)
2004
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Actinver 48.166% 3.252% 4.096% 34.790% 1.044% 2.942% 1.668% 4.042% 100%
Azteca 36.748% 9.808% 9.053% 5.253% 4.577% 7.912% 5.873% 5.189% 9.723% 3.708% 2.156% 100%
Banamex N° 1 45.991% 7.491% 8.499% 0.494% 15.361% 7.462% 0.896% 0.00000% 1.837% 7.079% 2.738% 2.152% 100%
Bancomer Real 39.725% 12.723% 10.915% 10.659% 0.815% 3.597% 0.592% 0.702% 0.00008% 6.657% 9.979% 2.871% 0.764% 100%
Fondo Sólida Banorte Generali 36.677% 2.015% 1.919% 18.787% 7.844% 1.912% 2.550% 0.002% 4.216% 9.056% 8.649% 6.373% 100%
Septiembre HSBC S1 39.098% 3.077% 4.947% 11.724% 15.997% 1.671% 0.363% 0.00000% 12.072% 6.728% 4.323% 100%
Inbursa 45.869% 2.417% 1.825% 35.472% 0.335% 0.223% 12.683% 0.560% 0.615% 100%
ING 38.164% 11.950% 4.114% 17.509% 3.057% 0.869% 0.866% 0.00019% 4.658% 10.338% 4.634% 3.841% 100%
Principal 40.090% 6.915% 8.981% 10.041% 0.518% 2.588% 2.304% 1.317% 1.923% 0.621% 0.00000% 4.136% 10.415% 6.009% 4.142% 100%
Fondo Profuturo 43.302% 10.869% 1.642% 3.472% 10.525% 1.473% 3.381% 0.655% 0.216% 0.00028% 12.038% 7.718% 4.708% 100%
Ahorro Santander Mexicano 41.627% 10.833% 8.305% 14.896% 0.678% 1.799% 1.048% 0.240% 1.418% 12.231% 3.365% 3.561% 100%
XXI 38.493% 14.223% 9.038% 6.229% 2.510% 0.736% 5.672% 0.011% 0.00008% 3.374% 9.747% 5.682% 4.286% 100%
Actinver 64.149% 4.740% 4.382% 13.898% 2.092% 3.090% 3.501% 4.149% 100%
Azteca 37.892% 10.177% 14.246% 4.649% 6.855% 3.931% 3.709% 2.737% 9.907% 3.811% 2.086% 100%
Banamex N° 1 47.300% 9.831% 4.834% 0.000% 0.492% 14.837% 7.620% 0.900% 0.00000% 1.709% 6.989% 3.469% 2.019% 100%
Bancomer Real 39.741% 9.584% 10.512% 10.545% 2.068% 0.620% 3.600% 0.595% 0.686% 0.00008% 8.626% 9.837% 2.856% 0.731% 100%
Fondo Sólida Banorte Generali 36.231% 1.853% 22.863% 6.542% 1.909% 2.550% 0.002% 4.359% 8.941% 8.572% 6.179% 100%
Octubre HSBC S1 38.164% 6.041% 6.113% 4.916% 16.072% 1.657% 0.358% 0.00000% 4.184% 11.215% 7.130% 4.150% 100%
Inbursa 45.797% 2.418% 1.795% 33.017% 0.339% 2.760% 0.133% 12.420% 0.709% 0.610% 100%
ING 37.745% 13.307% 3.823% 15.229% 3.068% 0.667% 0.861% 0.867% 0.00019% 5.117% 10.139% 5.562% 3.616% 100%
Principal 38.785% 6.602% 11.309% 10.530% 2.373% 2.560% 0.323% 1.240% 2.377% 0.609% 0.00000% 3.082% 10.055% 6.326% 3.829% 100%
Fondo Profuturo 40.886% 12.105% 3.788% 0.000% 1.770% 11.503% 1.445% 3.846% 0.657% 0.00028% 11.877% 7.671% 4.452% 100%
Ahorro Santander Mexicano 42.414% 14.786% 9.396% 10.632% 1.889% 0.247% 1.097% 12.452% 3.423% 3.664% 100%
XXI 39.560% 10.557% 9.178% 6.044% 2.945% 0.744% 5.866% 1.045% 1.070% 0.012% 1.058% 0.00008% 1.851% 9.988% 5.834% 4.248% 100%
∑∑
38
Anexo A1.10 (Continuación)
2004
BONDES 182
BONOS UDIBONOS BREMS CETES CBIC MEX BPA182 BPAT PIC BONDEST BPAs DEPBMX UMS REPORTOS BONDES
VALORES PRIVADOS
VALORES BANCARIOS ENTIDADES
CARTERA Actinver 50.917% 3.466% 31.974% 1.604% 3.648% 3.090% 3.501% 2.149% 100%
Azteca 44.302% 8.957% 10.846% 4.152% 9.894% 7.094% 9.907% 3.811% 1.086% 100%
Banamex N° 1 47.159% 9.880% 5.472% 0.666% 0.388% 15.672% 7.118% 0.885% 0.00000% 0.536% 6.989% 3.469% 2.019% 100%
Bancomer Real 40.395% 7.874% 10.381% 11.347% 6.410% 0.786% 3.516% 0.598% 0.688% 0.00008% 4.680% 9.837% 2.856% 0.731% 100%
Fondo Sólida Banorte Generali 35.715% 1.823% 21.465% 2.850% 1.863% 1.720% 6.865% 2.525% 0.002% 2.116% 8.941% 8.572% 5.179% 100%
Noviembre HSBC S1 37.912% 5.873% 3.491% 28.004% 1.581% 0.347% 0.00000% 11.215% 7.130% 4.150% 100%
Inbursa 45.382% 2.306% 1.328% 32.748% 1.184% 2.668% 0.502% 12.420% 0.709% 0.610% 100%
ING 36.895% 11.550% 3.729% 6.582% 10.749% 3.784% 1.970% 0.833% 0.854% 0.00019% 3.398% 10.139% 5.562% 3.616% 100%
Principal 37.854% 5.204% 11.026% 11.888% 2.641% 2.479% 4.935% 1.219% 2.328% 0.599% 0.00000% 10.055% 6.326% 3.829% 100%
Fondo Profuturo 40.008% 10.594% 5.333% 2.983% 8.791% 4.009% 3.858% 0.660% 11.877% 7.671% 4.452% 100%
Ahorro Santander Mexicano 41.076% 6.881% 8.811% 18.275% 2.942% 1.812% 0.242% 0.978% 12.452% 3.423% 2.664% 100%
XXI 38.587% 9.112% 8.904% 6.930% 2.880% 0.721% 5.628% 2.233% 1.544% 1.547% 0.00008% 2.070% 9.988% 5.834% 4.248% 100%
Actinver 43.251% 21.579% 5.844% 15.105% 2.226% 1.068% 1.926% 4.002% 4.999% 100%
Azteca 38.473% 0.364% 11.579% 21.965% 1.103% 9.401% 4.295% 8.079% 3.072% 1.670% 100%
Banamex N° 1 45.426% 11.652% 4.926% 16.591% 7.256% 0.00000% 1.060% 6.841% 3.886% 2.360% 100%
Bancomer Real 40.824% 12.033% 10.549% 12.559% 4.612% 1.099% 3.429% 0.592% 0.680% 0.00008% 0.214% 9.593% 3.055% 0.763% 100%
Fondo Sólida Banorte Generali 35.274% 1.879% 3.365% 20.505% 0.000% 1.855% 0.422% 10.135% 2.513% 0.002% 0.584% 8.674% 8.077% 6.716% 100%
Diciembre HSBC S1 35.695% 8.162% 5.585% 3.276% 23.190% 2.056% 0.328% 0.00000% 10.865% 7.200% 3.642% 100%
Inbursa 45.555% 2.251% 1.297% 33.568% 0.316% 2.621% 12.011% 1.835% 0.547% 100%
ING 38.090% 8.453% 4.539% 6.540% 14.613% 3.003% 1.977% 0.832% 0.023% 0.00019% 0.835% 10.205% 6.920% 3.970% 100%
Principal 35.052% 9.657% 10.873% 10.034% 5.772% 2.888% 2.535% 1.198% 2.244% 0.587% 0.00000% 9.415% 6.054% 3.688% 100%
Fondo Profuturo 38.271% 10.408% 5.183% 1.414% 9.695% 4.006% 5.810% 0.649% 11.545% 8.211% 4.808% 100%
Ahorro Santander Mexicano 40.404% 9.089% 8.628% 18.922% 2.028% 1.762% 11.799% 3.910% 3.455% 100%
XXI 38.342% 13.323% 8.643% 2.051% 3.968% 0.713% 5.508% 2.567% 1.876% 2.037% 0.00008% 0.409% 9.577% 6.258% 4.725% 100%
Fuente: Elaboración Propia.
∑∑
39
Anexo A1.11 Desviación estándar obtenida por las SIEFORES para los años del 2002 al 2004.
Actinver Allianz
Dresdner Azteca Banamex Bancomer
Bancrecer
Banorte Generali
Bital Garante
Génesis HSBC S1 Inbursa ING Principal
Profuturo
GNP
Santander Mexicano
Tepeyac XXI Zurich
Enero
Des. Est. De la
Cartera 0.03049 0.03143 0.03284 0.03623 0.02116 0.02908 0.03110 0.03162 0.03044 0.03218 0.03200 0.03024
Febrero
Des. Est. De la
Cartera 0.02905 0.02927 0.03147 0.03608 0.02160 0.02748 0.03112 0.03145 0.03030 0.03218 0.03108 0.03035
Marzo
Des. Est. De la
Cartera 0.03032 0.02901 0.03053 0.03622 0.02085 0.02946 0.03050 0.03081 0.02796 0.03163 0.02989 0.03055
Abril
Des. Est. De la
Cartera 0.03090 0.03025 0.03071 0.04202 0.02066 0.03105 0.03307 0.02954 0.03106 0.03245 0.03150 0.03182
Mayo
Des. Est. De la
Cartera 0.03093 0.03270 0.03312 0.03886 0.01946 0.03137 0.03287 0.02900 0.03357 0.03189 0.03157 0.03302
Junio
Des. Est. De la
Cartera 0.02962 0.03378 0.03386 0.03367 0.01993 0.03092 0.03085 0.03018 0.03126 0.03269 0.03192 0.03210
2002 Julio
Des. Est. De la
Cartera 0.02912 0.03214 0.03348 0.03204 0.01945 0.03207 0.03270 0.02836 0.03226 0.03231 0.03102
Agosto
Des. Est. De la
Cartera 0.03532 0.03252 0.03432 0.03897 0.02074 0.03427 0.03454 0.03044 0.03369 0.03268 0.03110
Septiembre
Des. Est. De la
Cartera 0.03424 0.03221 0.03375 0.03767 0.02114 0.03284 0.03244 0.03077 0.03149 0.03191 0.03170
Octubre
Des. Est. De la
Cartera 0.03289 0.03227 0.03225 0.03688 0.02151 0.03167 0.03279 0.03066 0.03135 0.03312 0.03002
Noviembre
Des. Est. De la
Cartera 0.03184 0.03292 0.03232 0.03531 0.02104 0.03349 0.03298 0.03163 0.03168 0.03092 0.03191
Diciembre
Des. Est. De la
Cartera 0.03428 0.03470 0.03465 0.03438 0.02017 0.03223 0.03351 0.03157 0.03104 0.03208 0.03112
40
Anexo A1.11 (Continuación)
Actinver Allianz
Dresdner Azteca Banamex Bancomer
Bancrecer
Banorte Generali
Bital Garante
Génesis HSBC S1 Inbursa ING Principal
Profuturo
GNP
Santander Mexicano
Tepeyac XXI Zurich
Enero
Des. Est. De la
Cartera 0.03237 0.03286 0.03304 0.03439 0.02248 0.02859 0.03508 0.02970 0.03025 0.03157 0.03236
Febrero
Des. Est. De la
Cartera 0.02499 0.03148 0.03289 0.03219 0.02332 0.02658 0.03188 0.03030 0.03061 0.03194 0.03218
Marzo
Des. Est. De la
Cartera 0.02519 0.02066 0.03150 0.03193 0.03235 0.02257 0.02547 0.03267 0.03117 0.02925 0.03107
Abril
Des. Est. De la
Cartera 0.02920 0.02885 0.03393 0.03603 0.02286 0.02713 0.03440 0.03436 0.03191 0.03224
Mayo
Des. Est. De la
Cartera 0.03065 0.03238 0.03667 0.03641 0.02347 0.03000 0.03424 0.03787 0.03472 0.03376
Junio
Des. Est. De la
Cartera 0.03050 0.03061 0.03795 0.03598 0.02336 0.03042 0.03722 0.03869 0.03487 0.03369
2003 Julio
Des. Est. De la
Cartera 0.02537 0.03168 0.03126 0.03513 0.02366 0.02829 0.03253 0.03613 0.03230 0.03169
Agosto
Des. Est. De la
Cartera 0.03008 0.03334 0.03649 0.03215 0.02325 0.02913 0.03255 0.03534 0.03636 0.03227
Septiembre
Des. Est. De la
Cartera 0.02900 0.03302 0.03803 0.03444 0.02255 0.02853 0.03315 0.03687 0.03425 0.03257
Octubre
Des. Est. De la
Cartera 0.03352 0.03170 0.03551 0.03700 0.02290 0.03299 0.03448 0.03900 0.03481 0.03342
Noviembre
Des. Est. De la
Cartera 0.03335 0.03175 0.03621 0.03710 0.02265 0.03255 0.03377 0.03918 0.03365 0.03465
Diciembre
Des. Est. De la
Cartera 0.02915 0.03169 0.03525 0.03544 0.02333 0.03423 0.03237 0.04072 0.03536 0.03489
41
Anexo A1.11 (Continuación)
Actinver Allianz
Dresdner Azteca Banamex Bancomer
Bancrecer
Banorte Generali
Bital Garante
Génesis HSBC S1 Inbursa ING Principal
Profuturo
GNP
Santander Mexicano
Tepeyac XXI Zurich
Enero
Des. Est. De la
Cartera 0.03321 0.03709 0.03429 0.02293 0.03531 0.03538 0.04068 0.03459 0.03314
Febrero
Des. Est. De la
Cartera 0.03753 0.03609 0.03007 0.02288 0.03485 0.03100 0.03751 0.02980 0.03293
Marzo
Des. Est. De la
Cartera 0.03247 0.03413 0.03497 0.02911 0.02278 0.03092 0.03295 0.03161 0.03218 0.02864
Abril
Des. Est. De la
Cartera 0.032496235 0.03301 0.03316 0.03128 0.02958 0.02205 0.03024 0.02883 0.03082 0.02987 0.03168
Mayo
Des. Est. De la
Cartera 0.025332334 0.03307 0.02904 0.02578 0.02618 0.02314 0.02927 0.02641 0.02881 0.03050 0.02934
Junio
Des. Est. De la
Cartera 0.030222724 0.02728 0.03335 0.02933 0.02643 0.02353 0.02345 0.02860 0.02357 0.03159 0.02844 0.02925
2004 Julio
Des. Est. De la
Cartera 0.024201189 0.01703 0.03450 0.02672 0.02465 0.02377 0.02386 0.02886 0.02416 0.03429 0.02687 0.02833
Agosto
Des. Est. De la
Cartera 0.030479568 0.01627 0.03561 0.02945 0.02688 0.02247 0.02406 0.02980 0.02730 0.03164 0.02494 0.02860
Septiembre
Des. Est. De la
Cartera 0.025088098 0.02280 0.03597 0.02871 0.02079 0.02357 0.02402 0.02836 0.02550 0.03175 0.02772 0.02916
Octubre
Des. Est. De la
Cartera 0.026459128 0.02701 0.03565 0.02669 0.01948 0.02493 0.02398 0.02880 0.02588 0.03341 0.03046 0.02743
Noviembre
Des. Est. De la
Cartera 0.023720749 0.02140 0.03665 0.02670 0.01897 0.02321 0.02403 0.02760 0.02573 0.03143 0.02572 0.02629
Diciembre
Des. Est. De la
Cartera 0.033278 0.02103 0.03744 0.02958 0.01967 0.02691 0.02398 0.02632 0.02787 0.03142 0.02664 0.02879
Fuente: Elaboración Propia.