thanks a lot

Question 4: Diversification across industry sectors with a single market and across multiple economies should result in higher levels of diversification benefits. a) The table (on the next page) provides the top ten holding and industry weighting for the indexes from three markets - US, UK and Japan. Using the information from this table, explain if investing in a capitalisation-weighted market index fund results in a well-diversified portfolio for that market? b) For a portfolio that allocates a third across each market by investing in the market index fund, explain if this portfolio is now be better diversified, than each single market portfolios? Nikkie 225 S&P 500 30-Apr- As of 2019 Collected - Top Holdings Weight 30-Apr-2019 FTSE 30-Apr- As of 2019 Collected - Top Holdings Weight HSBC HOLDINGS ORD 7.29 Weight As of Collected - Top Holdings TOYOTA MOTOR ORD SOFTBANK GROUP MICROSOFT ORD 4.07 4.22 APPLE ORD 6.12 ORD 2.56 AMAZON COM ORD 3.65 BP ORD ROYAL DUTCH SHELL 3.23 CL A ORD ROYAL DTCH SHL B 1.87 ORD 6.02 KEYENCE ORD 1.8 5.04 SONY ORD 1.79 FACEBOOK CL A ORD BERKSHIRE HATHWAY CL B ORD 4.28 MITSUB UFJ FG ORD 1.73 1.71 DIAGEO ORD GLAXOSMITHKLINE 1.54 ORD 4.26 TAKEDA PHARM ORD 1.64 JPMORGAN CHASE ORD JOHNSON & JOHNSON ORD 3.96 SMFG ORD 1.44 ALPHABET CL CORD ALPHABET CL A ORD EXXON MOBIL ORD 1.53 ASTRAZENECA ORD BRITISH AMERICAN 1.48 TOBACCO ORD 1.46 UNILEVER ORD 1.38 RIO TINTO ORD 3.74 HONDA MOTOR ORD 2.82 KDDI ORD 2.82 NINTENDO ORD 1.35 1.2 1.15 Collected - Industry Sector TECHNOLOGY Weight Collected - Industry % Sector 26.83 FINANCIALS Weight Collected - Industry Weight Sector 22.11 | INDUSTRIALS CONSUMER 19.59 CYCLICALS 26.87 FINANCIALS 18.18 HEALTHCARE CONSUMER CYCLICALS 15.89 ENERGY CONSUMER NON- 13.32 CYCLICALS 13.3 HEALTHCARE CONSUMER 10.32 CYCLICALS 14.2 8.96 17 FINANCIALS 9.19 | TECHNOLOGY CONSUMER NON- 8.59 CYCLICALS 8.57 INDUSTRIALS CONSUMER NON- CYCLICALS 7.03 INDUSTRIALS 7.95 8.26 HEALTHCARE TELECOMMUNICATI 7.37 ONS SERVICES ENERGY 5.2 5.99 BASIC MATERIALS TELECOMMUNICATI 3.23 ONS SERVICES 2.63 UTILITIES 4.98 3.13 BASIC MATERIALS 3.09 UTILITIES 1.81 UTILITIES BASIC MATERIALS TELECOMMUNICATION S SERVICES Total (Due to rounding) 1.92 TECHNOLOGY 99.67 Total 0.72 ENERGY 98.74 Total 0.97 98.79