Which of the Following Statements Is False

Which of the following statements is false?

A) A market index reports the value of a particular portfolio of securities.
B) The S&P 500 is the standard portfolio used to represent "the market" when using the CAPM in practice.
C) Even though the S&P 500 includes only 500 of the more than 7,000 individual Canadian stocks in existence, it represents more than 70% of the Canadian stock market in terms of market capitalization.
D) The S&P 500 is an equal-weighted portfolio of 500 of the largest Canadian stocks.