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For even the most scholarly student, the transition from primary to secondary school is challenging. This transition is even more significant when faced with financial difficulties. For the past 13 years, the Trinidad and Tobago Unit Trust Corporation (UTC) has assisted in making this transition for SEA students who are academically brilliant but in need financial support. Each student receives a $8,200 scholarship from the UTC for the 7 years of their high school education. The scholarship is accompanied by a training and development programme which includes training from a psychologist and members of the UTC team. Read More

It’s September. Children and parents across the country are once again faced with the daily challenge of homework. This challenge is even greater when children have no workspaces or quiet areas in which they can sit to concentrate on these daily assignments – and no help to complete them! The Community Intervention for Transformation & Empowerment (CIT+E) program has worked to provide the children of East POS with an ideal environment to complete their homework with the assistance of trained teachers. One such Homework Clinic is located on the compound of the St. Roses’ Girls’ R. C. School on Henry Street, POS. This clinic occupies two separate rooms, both of which needed some sprucing up. Read More

Over the next 7 weeks, staff of the Trinidad and Tobago Unit Trust Corporation (UTC) will provide the labour to build a home for a financially and physically challenged family in La Romaine. This comes as a result of a Memorandum of Understanding signed between Habitat for Humanity Trinidad and Tobago (HFHTT) and the UTC.

When completed the UTC/ HFTT project will assist 2 family members (a mother and a physically challenged child) with the construction of two (2) 10 ft X 10 ft bedrooms, indoor toilet facilities, kitchenette, small living room and basic plumbing and electrical services. UTC will contribute TT$100,000 of the HFTT subsidized construction costs. Read More

The over 429,413 investors in the Trinidad and Tobago Unit Trust Corporation TT Dollar Income Fund received their portion of the Fund’s TT$90,459,441.86 distribution payment on August 31, 2009. This was the 80th distribution of the TT$ Income Fund (Second Unit Scheme) and represents the distribution for the period June to August 2009. Read More

Turtle season will end as the nation celebrates Independence on August 31st. While the number of human visitors to Matura has decreased as the season draws to a close, the number of turtles on the beach has increased – baby turtles (hatchlings) are now paddling and crawling their way to the ocean from the nests laid by the thousands of nesting female sea turtles in June and July. Earlier this month, the path to the ocean was made a bit less treacherous thanks to the work of Nature Seekers and volunteers from the Trinidad and Tobago Unit Trust Corporation (UTC). Read More

The world is showing signs of economic recovery. The US, German, Japanese and other markets are reporting that the international financial crisis is drawing to a close. Marlon Holder, Executive Director of the Trinidad and Tobago Unit Trust Corporation (UTC) agrees. “Normally, Trinidad and Tobago’s economy lags about 3 to 6 months behind the industrialized world. We are seeing increases in the price of oil but not great change in the price of natural gas, our key export. All in all though, we must start positioning for a gradual recovery around Christmas time” he says. The UTC Executive Director believes this change, combined with UTC’s varied products and delivery channels, makes it an excellent time for investment in wealth management products. “The time to invest is now – don’t wait. The best opportunities can be found now before the markets rise,” he said. Read More

ADB Loans Fully Repaid

Over 3,100 Caroni workers will have their debts to the Agricultural Development Bank FULLY REPAID as a result of an agreement between the Unit Trust Corporation (UTC) and Agricultural Development Bank.

In 2003, the Caroni workers benefitted from a product offered by the Agricultural Development Bank where they were allowed to borrow funds against collateral held in the UTC’s Individual Retirement Unit Account (IRUA) Fund. The workers therefore got money upfront in the form of a loan using the IRUA as collateral. Read More

Recycling is a simple and practical strategy for conserving the environment. In Trinidad and Tobago however, most of us are unfamiliar with recycling mechanisms. Members of staff from the Trinidad and Tobago Unit Trust Corporation helped to assist in raising awareness for recycling by joining Sandra Allum, International Tourism Consultant, as she hosted an environmental fair at the San Fernando Hill entitled Recycling for a Cleaner and Healthier Environment. Read More

Many children see animals at the zoo – but few have the opportunity to see them up close and personal! The children of the Margaret Kistow Home in Arima got to interact with the animals during their memorable visit to the Emperor Valley Zoo thanks to a team of volunteers from the Trinidad and Tobago Unit Trust Corporation (UTC) and zoo officials. Read More

The Tobago Heritage Festival is one of the most anticipated annual cultural events held in Tobago.

(The Tobago Heritage Festival) is a great way of showcasing the talent and heritage of different villages across Tobago and brings the entire island together,” said Mr. Terrence David, representative from the village of Bethel as he spoke about the benefits the festival brings to the people of Tobago. Read More