{"id":444,"date":"2007-01-04T18:15:38","date_gmt":"2007-01-04T22:15:38","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=444"},"modified":"2007-01-04T18:15:38","modified_gmt":"2007-01-04T22:15:38","slug":"december-2006-the-month-in-review","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=444","title":{"rendered":"December 2006 : The Month in Review"},"content":{"rendered":"
\n\n\n\n\n\n\n\n\n\n\n
Index<\/td>\nDecember\u00a0Total Return<\/td>\n<\/tr>\n
Ratchet<\/td>\n+1.56%<\/td>\n<\/tr>\n
FixedFloater<\/td>\n+0.85%<\/td>\n<\/tr>\n
Floater<\/td>\n-0.21%<\/td>\n<\/tr>\n
OpRet<\/td>\n+0.08%<\/td>\n<\/tr>\n
SplitShare<\/td>\n+0.32%<\/td>\n<\/tr>\n
InterestBearing<\/td>\n+0.99%<\/td>\n<\/tr>\n
PerpetualPremium<\/td>\n+0.34%<\/td>\n<\/tr>\n
PerpetualDiscount<\/td>\n+1.08%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

\u00a0<\/p>\n

The indices have now been rebalanced. Changes are<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
Ticker<\/td>\nFrom Index<\/td>\nTo Index<\/td>\nReason<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\nScraps<\/td>\nVolume<\/td>\n<\/tr>\n
PWF.PR.D<\/td>\nOpRet<\/td>\nScraps<\/td>\nVolume<\/td>\n<\/tr>\n
BAM.PR.I<\/td>\nScraps<\/td>\nOpRet<\/td>\nVolume<\/td>\n<\/tr>\n
SXT.PR.A<\/td>\nScraps<\/td>\nSplitShare<\/td>\nVolume<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nPerpetualDiscount<\/td>\nPerpetualPremium<\/td>\nPrice<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetualDiscount<\/td>\nPerpetualPremium<\/td>\nPrice<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nPerpetualDiscount<\/td>\nPerpetualPremium<\/td>\nPrice<\/td>\n<\/tr>\n
RY.PR.D<\/td>\n–<\/td>\nPerpetualPremium<\/td>\nNew Issue, 12\/13<\/td>\n<\/tr>\n
FBS.PR.B<\/td>\n–<\/td>\nSplitShares<\/td>\nNew Issue, 12\/15<\/td>\n<\/tr>\n
FBS.PR.A<\/td>\nScraps<\/td>\n–<\/td>\nRedeemed, 12\/15<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

More details will be added to this post shortly.<\/p>\n

Update<\/strong> : Notable performances in December were:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Issue<\/td>\nIndex<\/td>\nPerformance<\/td>\n<\/tr>\n
TCA.PR.X<\/td>\nPerpetualPremium<\/td>\n-1.5349%<\/td>\n<\/tr>\n
WN.PR.B<\/td>\nOpRet<\/td>\n-1.5298%<\/td>\n<\/tr>\n
WN.PR.C<\/td>\nPerpetualPremium<\/td>\n-1.2424%<\/td>\n<\/tr>\n
WN.PR.D<\/td>\nPerpetualPremium<\/td>\n-1.2314%<\/td>\n<\/tr>\n
BMO.PR.G<\/td>\nOpRet<\/td>\n-1.2002%<\/td>\n<\/tr>\n
…<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\n+2.1407%<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n+2.2634%<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetualPremium<\/td>\n+2.3561%<\/td>\n<\/tr>\n
CM.PR.G<\/td>\nPerpetualPremium<\/td>\n+2.3605%<\/td>\n<\/tr>\n
STW.PR.A<\/td>\nInterestBearing<\/td>\n+2.4835%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

Not a very pleasant month for the Weston issues, presumably due to the 9-figure charge against inventory<\/a>.<\/p>\n

Update & Bump<\/b>: The rebalanced indices have been\u00a0uploaded here<\/a>.\n<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Index December\u00a0Total 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% \u00a0 The indices have now been rebalanced. Changes are Ticker From Index To Index Reason PWF.PR.A …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-444","post","type-post","status-publish","format-standard","hentry","category-index-construction-and-reporting"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/444","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=444"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/444\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}