Clients can continue to use their proprietary classifications and Vestek industry classifications. The additional industry classifications help investment managers and plan sponsors in several ways.
Different vendors use different industry classifications in their reports.
So, a user may have difficulty comparing industry weightings from one report to another. Canada Fixed Income Sector Schemes Vestek now maintains returns and sector data on three sets of fixed income indices - Vestek, Salomon and Lehman. Each set of indices has its own sectors - economic sectors, industries and sectors based on attributes, such as maturity and quality.