TSG has released a new data to illustrate the performance of public payments companies. The ‘TSG Payments Index’ (TSGPX) is calculated on a value weighted basis using market capitalization and is compared to the S&P 500 which is also calculated using the same methodology. A $100 investment in the TSGPX in Q1 2011 would now be valued at $294, as compared to $154 if invested in the S&P 500.