Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'fund bond class unit'?

A. A share unit in a fund, which is classified as a Common Share class.
B. The legal structure in which you can purchase part of an investment pool, defined by a variety of characteristics like investor type, minimum size of investment, distribution type, fee and currency. A fund unit which gives the holder an equity stake in the fund.
C. A fund unit which takes the form of debt in that fund.
D. Need a legal definition - to follow. This is one of the mechanisms by which an investor may hold an interest in a fund, but is not a Bond or a Share.

Answer: A fund unit which takes the form of debt in that fund.