Note Fund Unit

From Open Risk Manual

Definition

Note Fund Unit. 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.


Issues and Challenges

It is not possible to determine at this time whether some of the policy facts that apply to bund and share class units apply to all fund units including this one. Once this is defined, all Fund Distribution Policy terms and relationships should be rechecked.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

Facts about "Note Fund Unit"
IsDefinedBy
URI of an entity that is defined via an imported vocabulary.
https://spec.edmcouncil.org/fibo/ontology/CIV/Funds/CIV/index-en.html +