UTC Media Centre

What would you do with $20,000? This is a question student teams participating in the Trinidad and Tobago Unit Trust Corporation’s Schools’ Investment Game will have to decide over the next 13 weeks. To play the game student teams from across the country are invited to invest the notional sum of $20,000 in any (or all) of UTC’s products and other financial instruments using a web based system (http://www.studentinvestmentgame.net ) which allows for real time security transfers, purchases and financial updates. The team with the portfolio of greatest value at the end of the game, wins $10,000 for their school, units from the Trinidad and Tobago Unit Trust Corporation and a 2month internship at the UTC. Read More

Over US$5.69M will be distributed to the 68,307 investors in the Trinidad and Tobago’s US Dollar Income Fund on October 1, 2009. This represents the income earned by US Dollar Income Fund investors over the period July 1st to September 30th 2009.

“The US Dollar Income Fund (US$IF) continues to be one of the premier products offered by the UTC,” stated UTC Executive Director Marlon Holder. Testimony to this fact is the growth in the number of investors in the UTC US $ Income Fund by 4,300 new accounts in the past 12 months.

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

63 students benefit from vacation employment opportunities

For students on the brink of entering the job market, the real world can seem infinitely complex. Recognition of the need to assist young people transition from the world of a student to the world of work, lead to the Trinidad and Tobago Unit Trust Corporation (UTC) implementing the UTC Vacation Internship Programme which provides on-the-job mentoring and training for secondary school and university students. 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