1.5.1 Total return index

The total return index measures the overall market performance of the index, including capital appreciation and reinvested income from regular coupon or cash dividend payments. Any cash distributions are assumed to be reinvested back into the index on the coupon date / ex-dividend date of the distribution, and this contributes to the total return index performance.

All infraMetrics® indices data is generated with a value of 1000 on Q1 2005 (31 March 2005) for indices starting on or before this date and inception date for indices starting after this date.

Starting from a base value of 1000, each successive index value is calculated by multiplying the preceding index value by (1 + quarterly return).

where  is the Total Investment Return of the index.