UTC Media Centre

March 1, 2010: For the year ending December 31, 2009, customers of the Trinidad and Tobago Unit Trust Corporation (UTC) have received over TT$700 Million in distributions despite historically low interest rates and weak equity markets. Existing and new UTC customers have reciprocated and reinvested in the UTC suite of mutual funds over TTD 2.8 Billion, a record net inflow. The UTC customer base also increased by over 20,000 to stand at a current total of over 521,000.  Read More

February 24, 2010: For the first time in many years, male teams dominated the winners of the Trinidad and Tobago Unit Trust Corporation Schools’ Investment Game. Three young men from Queen’s Royal College (QRC) earned $10,000 for their school and Gift of Units for themselves along with an internship at the Trinidad and Tobago Unit Trust Corporation, UTC. Read More

February 2, 2010: Customers of the Trinidad and Tobago Unit Trust Corporation (UTC) continued to show their appreciation for the competitive returns offered by the nation’s largest mutual fund company leading to the Corporation gaining over 50% of the local Mutual Fund market share in 2009. Read More

November 25, 2009:While many businesses across Trinidad and Tobago have already started trimming their Christmas trees and hanging garlands throughout their offices, the staff at the Trinidad and Tobago Unit Trust Corporation (UTC) have gone a different route with their Yuletide décor. Read More

All proceeds to go to the Trinidad and Tobago Red Cross Society

January 19, 2010: The Trinidad and Tobago Unit Trust Corporation (UTC) has partnered with the Trinidad and Tobago Red Cross Society in their Haitian earthquake relief efforts. The “UTC Haiti Relief Fund” will accept donations from any member of the public with all funds going to the Trinidad and Tobago Red Cross Society, which continues to mobilise resources locally for the ongoing global relief effort.

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Coming Soon…

November 4, 2009: The Board of Directors of the Trinidad and Tobago Unit Trust Corporation is pleased to announce the promotion of Ms. Eutrice Carrington to the post of Chief Executive Officer, Financial Services with effect from 3rd November 2009. Miss Carrington will now have direct responsibility for the Corporation’s Asset Management, Merchant Banking and Group Treasury Operations. Her promotion to the post of CEO Financial Services will allow for a more synergetic approach to the management of these key businesses to the increased benefit of customers. This promotion is in line with the Corporation’s continuing efforts to increase customers’ wealth through the provision of competitive products and services designed to meet a variety of wealth management needs.

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After careful consideration, and so as to protect the interest of the Trinidad and Tobago Unit Trust Corporation (UTC), the UTC has appointed a receiver of all the companies that are included in its security package for a bridging facility extended by its Merchant Banking arm to the developers of Dellis Cay, an upscale development project in the Turks and Caicos Islands. The security package includes the lands, buildings and infrastructure which are part of an upscale resort development on a private island in the Turks and Caicos aimed at high value individuals. Read More

Technology to Keep Corporation One Step Ahead

Over 15,000 customers have joined the Trinidad and Tobago Unit Trust Corporation (UTC) so far for 2009 taking the Corporation’s total number of customers to just over 514,500 customers as at October 15, 2009. “The growth in our customer base speaks to the continued confidence investors have in our products and our team,” said Executive Director Marlon Holder. As the Corporation approaches its’ 28th anniversary in November, customers will soon enjoy even greater customer convenience as UTC embraces technology to bring services closer to customers. Read More

TT Dollar Income Fund Market Value Crosses TT $10 Billion

The Trinidad and Tobago Unit Trust Corporation (UTC) has surpassed another impressive milestone. On October 9, 2009, the Market Value of UTC’s TT Dollar Income Fund crossed TT 10 Billion dollars. The TT Dollar Income Fund is the Corporation’s fastest growing product and has over 428,960 customers. The UTC TT Dollar Income Fund is the nation’s largest TT dollar denominated Income Fund. Read More