December 2006 : The Month in Review

Index December Total Return
Ratchet +1.56%
FixedFloater +0.85%
Floater -0.21%
OpRet +0.08%
SplitShare +0.32%
InterestBearing +0.99%
PerpetualPremium +0.34%
PerpetualDiscount +1.08%

 

The indices have now been rebalanced. Changes are

Ticker From Index To Index Reason
PWF.PR.A Floater Scraps Volume
PWF.PR.D OpRet Scraps Volume
BAM.PR.I Scraps OpRet Volume
SXT.PR.A Scraps SplitShare Volume
RY.PR.A PerpetualDiscount PerpetualPremium Price
BAM.PR.M PerpetualDiscount PerpetualPremium Price
IAG.PR.A PerpetualDiscount PerpetualPremium Price
RY.PR.D PerpetualPremium New Issue, 12/13
FBS.PR.B SplitShares New Issue, 12/15
FBS.PR.A Scraps Redeemed, 12/15

More details will be added to this post shortly.

Update : Notable performances in December were:

Issue Index Performance
TCA.PR.X PerpetualPremium -1.5349%
WN.PR.B OpRet -1.5298%
WN.PR.C PerpetualPremium -1.2424%
WN.PR.D PerpetualPremium -1.2314%
BMO.PR.G OpRet -1.2002%
BSD.PR.A InterestBearing +2.1407%
SLF.PR.D PerpetualDiscount +2.2634%
PWF.PR.K PerpetualPremium +2.3561%
CM.PR.G PerpetualPremium +2.3605%
STW.PR.A InterestBearing +2.4835%

Not a very pleasant month for the Weston issues, presumably due to the 9-figure charge against inventory.

Update & Bump: The rebalanced indices have been uploaded here.

One Response to “December 2006 : The Month in Review”

  1. […] PrefBlog Canadian Preferred Shares – Data and Discussion « December 2006 : The Month in Review […]

Leave a Reply

You must be logged in to post a comment.