HIMIPref™ Index Rebalancing: March 2010

HIMI Index Changes, March 31, 2010
Issue From To Because
CM.PR.R OpRet Scraps Volume
CL.PR.B PerpetualPremium PerpetualDiscount Price
CU.PR.A PerpetualPremium PerpetualDiscount Price
CU.PR.B PerpetualPremium PerpetualDiscount Price
IAG.PR.E PerpetualPremium PerpetualDiscount Price
IGM.PR.B PerpetualPremium PerpetualDiscount Price

As a result of the migration from PerpetualPremium to PerpetualDiscount due to price declines, the PerpetualPremium index has only two remaining members: GWL.PR.O, a chimerical issue which can sometimes be a straight, sometimes a FixedFloater, depending on where Prime is, and NA.PR.M.

There were the following intra-month changes:

HIMI Index Changes during March 2010
Issue Action Index Because
GWO.PR.M Add Perpetual-Discount New Issue
BRF.PR.A Add Scraps New Issue
TRP.PR.B Add FixedReset New Issue
HPF.PR.A Delete Scraps Redeemed
HPF.PR.B Delete Scraps Redeemed
ACO.PR.A Delete OpRet Redeemed

This entry was posted on Thursday, April 1st, 2010 at 2:21 pm and is filed under Index Construction / Reporting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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