HIMIPref™ Index Rebalancing: July 2009

HIMI Index Changes, July 31, 2009
Issue From To Because
TRI.PR.B FloatingRate Scraps Volume
CU.PR.A PerpetualDiscount PerpetualPremium Price
BMO.PR.L PerpetualDiscount PerpetualPremium Price
ENB.PR.A PerpetualDiscount PerpetualPremium Price
CU.PR.B PerpetualDiscount PerpetualPremium Price

At long last, the PerpetualPremium index has members again! It disappeared at the October 2008 Rebalancing, when CL.PR.B fell below 25.00. That issue nearly made it back into premium territory this month, but the bid at the close was exactly 25.00 … and when that happens, the issue in question doesn’t move.

There were the following intra-month changes:

HIMI Index Changes during July 2009
Issue Action Index Because
BNA.PR.D Add SplitShare New Issue
BNA.PR.A Delete SplitShare Redeemed

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