S&P/TSX Preferred Share Index Changes Announced

As I noted in November, split shares will shortly be disappearing from the S&P/TSX Preferred Share Index – a change I whole-heartedly endorse, because it will make the index easier to beat.

The semi-annual review has now been completed and a full list of changes is available from S&P.

Readers will remember that this index is the benchmark for the Claymore Preferred Share ETF. Contact any doctrinaire index investors you know, and ask them why they’re dumping their splits!

Update, 2008-3-19: The previous semi-annual review was previously reported on PrefBlog.

This entry was posted on Tuesday, January 8th, 2008 at 7:25 pm and is filed under Miscellaneous News. 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.

One Response to “S&P/TSX Preferred Share Index Changes Announced”

  1. PrefBlog » Blog Archive » January 9, 2008 says:
    January 9, 2008 at 10:01 pm

    […] PerpetualDiscounts continued their streak – up on each one of the past 10 trading days, commencing December 24 (which was the last day of tax loss selling). A lot of the big movers today were affected by the index rebalancing announced recently … I don’t know whether this was an influence or not, but it was a noticable correlation. […]

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