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Basing asset allocations on market capitalisations

A

Adithyan

Member

I don't understand the meaning of bold words here:
There may be difficulties here both with defining the markets
involved
and then obtaining estimates of the relevant market capitalisations,
eg the “property market”, the “overseas equity market”.

I would be happy if you could tell me in brief as to what index tracking is and how is it done.
Thanks!
 
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