1.5.7 Thematic indices

Core infrastructure index

The core infrastructure index consists of companies whose expected returns are less than the median expected return (first two quartiles in the distribution) of the entire infraMetrics® universe at each quarter in history.

Core+ infrastructure index

The core+ infrastructure index consists of companies whose expected return is greater than the median but less than the third quartile (75th percentile) of the expected return of the entire infraMetrics® universe at each quarter in history.

Opportunistic infrastructure index

The opportunistic segment consists of companies with expected returns greater than the third quartile (75th percentile) of the expected return in the entire infraMetrics® universe at each quarter in history.

Mid-market infrastructure index

This represents the middle segment (between 33 and 66 percentiles) of the market by the total assets of the companies in the infraMetrics® universe at each quarter in history.