HIMIPref™ Index Rebalancing : August 31, 2007

Not much change this time ’round, similarly to July month-end. Four issues were relegated to “Scraps” on volume concerns and the flow of PerpetualPremiums to PerpetualDiscount reversed itself – albeit weakly.

HIMI Index Changes, August 31, 2007
Issue From To Because
CFS.PR.A SplitShare Scraps Volume
FTU.PR.A SplitShare Scraps Volume
MIC.PR.A PerpetualPremium Scraps Volume
BCE.PR.S Ratchet Scraps Volume
ELF.PR.F PerpetualDiscount PerpetualPremium Price

AL.PR.E has been redeemed – it’s last appearance in the Floating Rate index is August 31; it is no longer priced commencing September 4.

BCE.PR.B has been added to the RatchetRate index as of August 28.

I will post about index performance and extreme issue performance at another time. I have already posted regarding MAPF Portfolio Composition and Performance.

This entry was posted on Wednesday, September 5th, 2007 at 8:42 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.

3 Responses to “HIMIPref™ Index Rebalancing : August 31, 2007”

  1. PrefBlog » Blog Archive » September 5, 2007 says:
    September 5, 2007 at 11:12 pm

    […] PrefBlog Canadian Preferred Shares – Data and Discussion « HIMIPref™ Index Rebalancing : August 31, 2007 […]

  2. PrefBlog » Blog Archive » MIC.PR.A to be Redeemed says:
    November 21, 2007 at 7:27 pm

    […] MIC.PR.A is tracked by HIMIPref™ (securityCode A43270), but is not included in any of the indices due to volume concerns – the most recent removal from the indices was August 31, 2007. […]

  3. PrefBlog » Blog Archive » CFS.PR.A Enters Protection Plan says:
    November 20, 2008 at 11:13 pm

    […] by HIMIPref™, but is a tiny issue. It was moved from the SplitShare index to Scraps in August 2007 on volume […]

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