December 6th, 2005
UTC’s Money Market Fund 65th Distribution of $92.64 Million
On December 1st 2005, the Trinidad & Tobago Unit Trust Corporation made a distribution of TT$92,644,949 to unitholders in its TT Dollar Money Market Fund (Second Unit Scheme). This represents an average payout of 5.40% (effective yield – 5.63%) for the three months ending November 30th 2005. This payout also marks the 65th distribution of the Money Market Fund and brings the total of funds disbursed from this Fund to $2,265,955,034 since its inception in September 1989.
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