{"id":816,"date":"2007-05-01T23:44:20","date_gmt":"2007-05-02T03:44:20","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=816"},"modified":"2007-05-01T23:44:20","modified_gmt":"2007-05-02T03:44:20","slug":"index-performance-april-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=816","title":{"rendered":"Index Performance : April 2007"},"content":{"rendered":"<p>All over the map this month!<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"2\">Index Performance, April 2007<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>-7.65%<\/td>\n<\/tr>\n<tr>\n<td>FixFloat<\/td>\n<td>-9.13%<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>+0.61%<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>-0.14%<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>-0.79%<\/td>\n<\/tr>\n<tr>\n<td>InterestBearing<\/td>\n<td>+0.18%<\/td>\n<\/tr>\n<tr>\n<td>PerpetualPremium<\/td>\n<td>-0.82%<\/td>\n<\/tr>\n<tr>\n<td>PerpetualDiscount<\/td>\n<td>-1.19%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Both the <a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/05\/J2_070430_Pree.pdf\">FixFloat<\/a> and the <a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/05\/J1_070430_Pre.pdf\">RatchetRate<\/a> indices are comprised entirely of BCE issues; BCE has no issues included in any of the other indices.\u00a0<\/p>\n<p>The S&#038;P\/TSX preferred share index\u00a0was (before the collapse)\u00a07-8% BCE (which is proxied by FixFloat); the BMO-NB 50 is a little higher, about 10%. Diversified Preferred Fund (DPS.UN) lists its <a href=\"http:\/\/www.sentryselect.com\/site\/sentry_select\/assets\/pdf\/DPST_Dec2006.pdf\">25 largest positions as of Year-end<\/a>, which include 6 BCE\/Bell issues totalling 9.95% of the portfolio at that time, while the Claymore ETF currently lists 2 of these issues in its holdings, <a href=\"http:\/\/www.claymoreinvestments.ca\/ETFs\/Public\/fund\/Holdings.aspx?ID=4dbd3e8b-3e6f-4377-810d-6c884faef157\">currently comprising 6.86%<\/a> of the portfolio. <a href=\"http:\/\/www.prefblog.com\/?cat=12\">MAPF<\/a> hasn&#8217;t held any of these issues for a long time &#8230; I can&#8217;t even remember holding them, but I&#8217;m sure I have at some point or other.<\/p>\n<p>By cracky, you young whippersnappers don&#8217;t know <em>nuthin&#8217;<\/em>. I can remember when Bell Canada \/ BCE was a decent credit!<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All over the map this month! Index Performance, April 2007 Ratchet -7.65% FixFloat -9.13% Floater +0.61% OpRet -0.14% SplitShare -0.79% InterestBearing +0.18% PerpetualPremium -0.82% PerpetualDiscount -1.19% Both the FixFloat and the RatchetRate indices are comprised &hellip;<\/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-816","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\/816","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=816"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/816\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}