Which of the Following Is Not a Characteristic of a Unit

Which of the following is not a characteristic of a unit trust?

A) Income is distributed to the parties according to their respective unit holdings in the trust.
B) Holds a collection of assets on behalf of various members rather than only family members.
C) Provides the trustee with discretion, according to the trust deed, over who receives distributions from the trust.
D) Usually concentrates on a particular investment such as equity, property or cash management.