TXPR / TXPL Index Revision

S&P Dow Jones Indices Canadian Index Operations has announced:

the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Preferred Share Laddered Index Reviews. These changes will be effective at the open on Monday, July 21, 2014.

S&P/TSX Preferred Share Index

ADDITIONS
Symbol Issue Name CUSIP
BMO.PR.S Bank of Montreal 4.00% Class B Preferred Series 27 063679 40 1
BMO.PR.T Bank of Montreal 3.90% Class B Preferred Series 29 063679 60 9
BAM.PF.F Brookfield Asset Management Inc. 4.50% Class A Preferred Series 40 112585 53 4
CM.PR.O CIBC 3.90% Class A Preferred Series 39 136069 44 0
EMA.PR.F Emera Inc. 4.25% First Preferred Series F 290876 80 4
ENB.PF.C Enbridge Inc. 4.40% Preferred Series 11 29250N 59 2
GWO.PR.S Great-West Lifeco Inc. 5.25% First Preferred Series S 39138C 73 4
LB.PR.H Laurentian Bank of Canada 4.30% Class A Preferred Series 13 51925D 82 5
RY.PR.H Royal Bank of Canada 3.90% Preferred Series BB 78012H 56 7
TD.PF.A Toronto-Dominion Bank 3.90% Class A First Preferred Series 1 891145 69 0
DELETIONS
Symbol Issue Name CUSIP
AQN.PR.A Algonquin Power & Utilities Corp. 4.50% Preferred Series A 015857 30 3
BMO.PR.K Bank of Montreal 5.25% Class B Preferred Series 14 063671 14 3
BCE.PR.C BCE Inc. 3.55% First Preferred Series AC 05534B 78 6
BCE.PR.T BCE Inc. 3.39% First Preferred Series T 05534B 81 0
HSB.PR.D HSBC Bank Canada 5.00% Class 1 Preferred Series D 40427H 70 7
LB.PR.F Laurentian Bank of Canada 4.00% Class A Preferred Series 11 51925D 84 1

S&P/TSX Preferred Share Laddered Index

ADDITIONS
Symbol Issue Name CUSIP
BMO.PR.S Bank of Montreal 4.00% Class B Preferred Series 27 063679 40 1
BMO.PR.T Bank of Montreal 3.90% Class B Preferred Series 29 063679 60 9
BAM.PF.F Brookfield Asset Management Inc. 4.50% Class A Preferred Series 40 112585 53 4
CM.PR.O CIBC 3.90% Class A Preferred Series 39 136069 44 0
LB.PR.H Laurentian Bank of Canada 4.30% Class A Preferred Series 13 51925D 82 5
RY.PR.H Royal Bank of Canada 3.90% Preferred Series BB 78012H 56 7
TD.PF.A Toronto-Dominion Bank 3.90% Class A First Preferred Series 1 891145 69 0
DELETIONS
Symbol Issue Name CUSIP
BAM.PR.G Brookfield Asset Management Inc. 3.80% Class A Preferred Series 9 112585 60 9

It is interesting to see that BAM.PR.G will be deleted from TXPL. This issue is already dirt-cheap compared to its Strong Pair, BAM.PR.E, according to the calculator.

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