{"id":442,"date":"2007-01-01T00:16:03","date_gmt":"2007-01-01T04:16:03","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=442"},"modified":"2007-01-01T00:16:03","modified_gmt":"2007-01-01T04:16:03","slug":"research-split-shares","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=442","title":{"rendered":"Research : Split Shares"},"content":{"rendered":"<p>As many will have noticed, Operating Retractibles, as a group, are getting more expensive all the time. In many cases, they are trading with a negative <a href=\"http:\/\/www.prefshares.com\/glossary.html#yieldToWorst\">yieldToWorst<\/a> and even when these worst-case-scenarios are positive, they yield less than Canadas after tax while retaining all their corporate risk.<\/p>\n<p>The preferred shares issued by split-share corporations may be of interest to many who want a retractible investment &#8230; and I&#8217;ve written an introduction to this type of preferred share:<\/p>\n<div align=\"center\"><a href=\"http:\/\/www.himivest.com\/media\/moneysaver_0611.pdf\"><img decoding=\"async\" src=\"http:\/\/www.prefblog.com\/images\/ad_SplitShares.jpg\" \/><\/a><\/div>\n<p>Look for the Research Link!<\/p>\n<p>The cogniscenti will have noticed that <a href=\"http:\/\/www.himivest.com\/malachite\/MAPFMain.php\">Malachite Aggressive Preferred Fund<\/a> has been known to <a href=\"http:\/\/www.prefblog.com\/?p=439\">hold a lot of these<\/a>.<\/p>\n<p>I have uploaded portfolio evaluations for the draft HIMI Preferred Indices for December 29, 2006, for the <a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/01\/J4.pdf\">Operating Retractible<\/a> and <a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/01\/J5.pdf\">Split Share<\/a> indices.<\/p>\n<p><b>Update 2007-11-22<\/b>: See <a href=\"http:\/\/www.prefblog.com\/?p=1502\">Split Share and OpRet Yields<\/a> for some updated yield numbers and a fascinating discussion in the comments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As many will have noticed, Operating Retractibles, as a group, are getting more expensive all the time. In many cases, they are trading with a negative yieldToWorst and even when these worst-case-scenarios are positive, they &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-442","post","type-post","status-publish","format-standard","hentry","category-publications"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=442"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/442\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}