UTC Investment Radio Segment on i95.5fm
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10 year old Stephen Jaggai and 16 year old Khylah Mykoo-Garcia can teach us how to “Light a Greener World” through the art pieces they submitted in Trinidad and Tobago Unit Trust Corporation’s 6th Annual Divali Art Competition. Stephen Jaggai a student of the Rochard Douglas Presbyterian Primary School and Khylah Mykoo-Garcia of the Naparima Girls High School were announced this year’s primary school and secondary school winners respectively, at the Divali Art Awards Ceremony on Friday 4th November, 2011 at the UTC Chaguanas Customer Service Centre.
Dear Unitholders of the Unit Trust Corporation:
A paid advertisement in the form of a letter addressed to the Unit Trust Corporation (UTC) in the Sunday Guardian of October 9th 2011, was misleading and inaccurate, and deliberately calculated to cause mistrust in the minds of Unitholders.
Contrary to the allegations made in the advertisement, whose signatories chose not to reveal themselves, the UTC has not received an offer for the purchase of the CL Financial notes. If such an offer were made, the UTC would of course consider it.
Instead, the only offer that the UTC is aware of, is fraught with contingencies and uncertainties that we believe would result in years of costly litigation. Furthermore, the group that made the offer is already facing litigation regarding this matter before the Jamaican High Court.
In the absence of an offer to purchase the notes, the UTC is working to secure the full repayment of the CL Financial Notes, including all interest and principal.
The CL Financial notes held by the UTC are fully secured and constitute less than 2 percent of our more than $18.3 billion in assets under management. To date, the UTC has been paid all of the interest due from the notes and we are working to ensure that all of the principal will be repaid in the near future.
As stewards of Unitholders’ investments, and as an indigenous institution of Trinidad and Tobago, we will continue to exercise our fiduciary responsibility to safeguard our Unitholders’ interest and to ensure that your investments remain safe, stable and secure.
Yours sincerely
Eutrice Carrington
Executive Director
INTRODUCTION OF CONFERENCE THEME
BY
MS. EUTRICE CARRINGTON
EXECUTIVE DIRECTOR, TTUTC
AT
UTC’S INVESTOR CONFERENCE 2011
September 8th 2011
“Changing your Investment Mindset”
Introduction of the Conference Theme
“Resetting your Investment Strategy for Growth”
By
Eutrice Carrington, Executive Director
Of
The Trinidad and Tobago Unit Trust Corporation
Thank you Mr Fraser
Distinguished Ladies and Gentlemen: All Protocols are Observed;
I am indeed pleased to see the large turnout this morning and I join with Ms Amoy Chang Fong, the Chairman of the UTC, in welcoming you to this Investor Forum.
This morning I would strive in the time allotted to introduce the Conference theme – “Resetting your Investment Strategy for Growth” and in so doing alert the participants to some aspects of the global political economy which motivated and informed our efforts. Read More
August 11th , 2011: The Trinidad and Tobago Unit Trust Corporation, (UTC) will be hosting several highly- acclaimed international and Caribbean financial experts to speak on investment topics during its Investor Conference on September 8th and 9th at the Hyatt Regency Hotel, Trinidad.
