HIMI Index Changes, June 30, 2010 | |||
Issue | From | To | Because |
BAM.PR.G | FixFloat | Scraps | Volume |
PWF.PR.A | Scraps | Floater | Volume |
CL.PR.B | PerpetualDiscount | PerpetualPremium | Price |
NA.PR.M | PerpetualDiscount | PerpetualPremium | Price |
CU.PR.B | PerpetualDiscount | PerpetualPremium | Price |
BMO.PR.L | PerpetualDiscount | PerpetualPremium | Price |
The strong performance of Straight Perpetuals over the past month means that the PerpetualPremium index has been repopulated, albeit lightly and weakly. Unfortunately, however, low volumes on BAM.PR.G have resulted in its relegation to the Scraps index, leaving FixedFloaters as an empty set.
There were the following intra-month changes:
[…] It’s very nice to see that there is now an issue in the FixFloat index! It became empty as of the June, 2010, rebalancing. […]