# Block 038 — Equities index construction

**Status:** ○ queued
**Phase:** Phase 1 (Equities)

## Topic scope

Market-cap weighting mechanics. Float-adjusted weighting. Fundamental weighting. Concentration risk (mag-7). Equal-weight vs cap-weight.

## Plan

_(Filled at session close of prior block, per 2026-06-23 convention.)_

## Carry-forward to next block

_(Filled at session close.)_