Which of the Following Would Be an Example of an Investment

Which of the following would be an example of an investment trust fund?

A) A fund holding the external portion of investments of a public entity investment pool; the investments of the reporting government would be reported in the appropriate fund.
B) A fund holding all the investments of a public entity investment pool, constituting all investments of the government holding the investments as well as the investments of other participating governments.
C) A fund holding all the investments of a particular government.
D) None of the above.