Media Release

The Trinidad and Tobago Unit Trust Corporation (UTC) will be hosting its Inaugural Investor Conference entitled “Reset Your Investment Strategy for Growth” at the Hyatt Regency Trindad, on September 8^th and 9^th.

The investor conference will feature renowned international, regional and local experts including keynote speakers, Professor Joseph Eugene Stiglitz, Nobel Prize winner in Economic Sciences, Mr. Ali Velshi, CNN Anchor and Chief Business Correspondent, and Paula Boyer Kennedy, Vice President at Cammack LaRhette Consulting.  Addresses by the Minister of Finance, Mr. Winston Dookeran,  Governor of the Central Bank, Mr. Ewart Williams  as well as other exciting speakers from Oppenheimer, Deutsche Bank, Merrill Lynch, New York Stock Exchange, BlackRock, HSBC, and Crown Agents, will make this the conference investors and business leaders throughout the region ought not to miss.

The two day event will be of interest to both individual and corporate investors.  Individual investors will find valuable information in sessions such as “Personal Financial Planning”,  Planning for Retirement” and “Finding Real Estate Opportunities in Today’s” Market; while corporate and institutional investors will be able to critically explore topics such as “ Capitalizing on Global Investment Trends”, Cutting Edge Techniques in Asset Allocation” and “ Getting the Most from Your Investment Advisor”.

The conference comes after two years of an international recession and at a time when major economies of the world, along with those in the developing world including the Caribbean, are attempting to jolt their economies into action.  The UTC investor conference aims to explore the means to achieving a resurgence of markets, through promoting investments in the stock market and mutual funds. The conference will also focus on emerging trends in regulation of the financial sector, and on risk management as it relates to investors.

The UTC believes that this conference will help both individual and corporate investors, identify strategies to reignite their investment portfolios and position themselves for growth.  “The UTC has always sought to keep its investors one step ahead through our many financial educational initiatives, and the Investor Conference is another one of these initiatives,” said Ms Eutrice Carrington, UTC’s Executive Director.

The fee for the two-day conference is $2,500.00 or $1,250.00 for any one day.  A group discount of 5% is available for groups of three or more. Interested persons can register at any of UTC’s Customer Service Centres or Agencies. Full conference details and registration material is also available on the corporation’s website www.ttutc.com. Anyone with questions regarding UTC’s Investor Conference can contact the Conference Secretariat via telephone 1-868-624-8648 Ext 7011, 7042 or 7035 or by email at investconference@ttutc.com.

**END**

Contact for more information:
Ms Gayle Daniel-Worrell
Vice President Marketing and International Business
(868) 624-8648 Ext 8204

GDaniel-Worrell@ttutc.com

July 1st 2011 :  The Trinidad and Tobago Unit Trust Corporation (UTC) captured the coveted 1st place title in the Association of Female Executives of Trinidad and Tobago’s (AFETT) Large Group Category of the “Top 5 Companies” of Female Executives in Trinidad and Tobago survey. This announcement was made at the recently held Breakfast and Awards Presentation hosted by AFETT on June 28th, 2011 at Hyatt Regency Trinidad.

Read More

Part One:

Part Two:

June 17th, 2011: The Unit Trust Corporation, this week, donated $200,000.00 to six (6) Non- Governmental Organisations to support their steadfast work of caring for persons infected and affected by HIV/AIDS, in a cheque presentation ceremony held at the UTC Financial Centre, Port of Spain. On hand to receive cheques were representatives from Caritas, South Aids Support, ComTalk, Point Fortin Church of the Nazarene, Tobago AIDS Society and Tobago – Oasis.

Read More

Decision Part of Corporation’s Strategic Decision to Focus on Trinidad and Tobago

Port of Spain, June 14th, 2011: The Belize Money Market Fund announced today that it will repay investors in full and close the Fund. The Company will cease its operations in Belize by the end of 2011 as part of the parent company’s strategic decision to focus on its core operations in Trinidad and Tobago. The Unit Trust Corporation’s core business in Trinidad and Tobago is unaffected by the exit from Belize.

“As a multi-billion dollar institution with the funds to meet our Belize investor’s’ needs, we have put the appropriate resources in place to ensure a smooth transition of our Belize operations,” said Eutrice Carrington, UTC Executive Director. “The decision to exit Belize was very difficult to make, but at this time we feel it is important to focus on Trinidad and Tobago and on the Corporation’s core operations. I am proud of our Belize employees’ efforts and thankful for their dedicated service and hard work.”

The Belize Corporation will be working closely with regulators in Belize to ensure the smooth and orderly exit from the country. Belize employees will receive their full salary through the end of the year as well as job placement assistance from the corporation.

For further information, kindly contact:
Amoy Van Lowe
Chief Marketing Officer
Marketing & International Business
Unit Trust Corporation
UTC Financial Centre
82 Independence Square
Port of Spain
624-8648 Ext 7021
AVanLowe@ttutc.com

                                                                                                         
Executive Director’s Address to
The 29th Annual General Meeting of
The Trinidad & Tobago Unit Trust Corporation
Held on 24th May, 2011
At Queen’s Hall

Madame Chairman, directors of the Corporation, representative of the Auditor General, Specially Invited Guests, Members of the Executive Team, Management and Staff of the Corporation, representatives of the Media, our valued Unitholders, ladies and gentlemen.

Read More

Chairman’s Remarks at 29th Annual General Meeting

The Unit Trust Corporation has partnered with Citadel Limited the home of i95.5fm radio station to host a financial information segment. The Bi-weekly, fifteen minute segment will focus on topics that will further educate listeners about investment and investment opportunities that are available at UTC. Remember to join UTC on i95.5fm!

Chairman’s Remarks at Trinidad & Tobago Chamber of Industry & Commerce’s
Panel Discussion on the
Trinidad & Tobago Business & Economic Outlook 2011
Held on 14th January, 2011
At Chamber Building, Columbus Circle, Westmoorings

INTRODUCTION/SALUTATIONS

Madame President Angella Persad, Minister Cadiz, Governor Williams, Mr Monilal Mulchan, Vice President of the Chamber, other members of the Chamber, ladies and gentlemen. Thanks to the Chamber for hosting this Panel discussion on the business and economic outlook for Trinidad & Tobago which the Chamber should be roundly congratulated for hosting. We at the Unit Trust Corporation welcome this opportunity to share our views on the outlook for investment with the wider business community and indeed the investing public of Trinidad and Tobago.

Read More

February 11, 2011: The Chairman of the Unit Trust Corporation is extremely pleased to announce that Ms. Eutrice Carrington has been appointed as UTC’s Executive Director by the Board in consultation with the Central Bank and in accordance with section 7(1) of the Unit Trust Corporation of Trinidad and Tobago Act 1981.

Ms. Carrington has been with the UTC for nearly 20 years.  She has served the Corporation in a number of capacities, including Chief Executive Officer Financial Services, Vice President Asset Management, Manager Investment Management, Security Analyst and, Portfolio Manager. Ms. Carrington holds a Bachelors of Science honours degree in Economics and a Master’s of Science in Economics.

In congratulating Ms Carrington on her new appointment, Mr. Ewart Williams, Governor of the Central Bank noted that her sterling contribution to the UTC over the past several years made her uniquely suited to leading the Corporation over the next few years when market competition and new regulatory requirements would present new challenges.

During her professional career, Ms. Carrington has served as secretary of the Economics Association of Trinidad and Tobago.  She was also a member of the Technical Committee appointed by the Cabinet of Trinidad and Tobago to assist in the formulation of Mutual Fund Legislation. Ms. Carrington sits on the Board of two publicly traded companies.

In the coming weeks, Ms Carrington will meet with employees throughout the organisation, as well as with Unitholders and members of the corporate sector.

The Corporation hopes that all our Unitholders will join with us in congratulating Ms Carrington on this new appointment.