Held
30 to 60%Equities
Growth engine
BreadthTurnoverEarningsLiquidity
Chapter 02 · living market map
KCP transformationThe investable terrain.
What the hypothetical book can hold, what it only watches, and the evidence each corner must earn.
Held
25 to 50%Fixed income
Ballast and hurdle
Auction curveReal yieldDemandDuration
Held
0 to 8%Commodities
Small hedge
GoldFuelCropsExternal pressure
Watched
Lens onlyFX
Hard-currency lens
USD/TZS30-read meanRangeImported pressure
Watched
No sleeveETFs
Access experiment
DSE closePublished NAVVintage gapLiquidity
Held; part of the hypothetical book
Watched; context, not a model-book allocation