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UTC Media Centre

Archive for October, 2009

After careful consideration, and so as to protect the interest of the Trinidad and Tobago Unit Trust Corporation (UTC), the UTC has appointed a receiver of all the companies that are included in its security package for a bridging facility extended by its Merchant Banking arm to the developers of Dellis Cay, an upscale development project in the Turks and Caicos Islands. The security package includes the lands, buildings and infrastructure which are part of an upscale resort development on a private island in the Turks and Caicos aimed at high value individuals. Read More

October 16th, 2009

UTC Continues to Grow

Technology to Keep Corporation One Step Ahead

Over 15,000 customers have joined the Trinidad and Tobago Unit Trust Corporation (UTC) so far for 2009 taking the Corporation’s total number of customers to just over 514,500 customers as at October 15, 2009. “The growth in our customer base speaks to the continued confidence investors have in our products and our team,” said Executive Director Marlon Holder. As the Corporation approaches its’ 28th anniversary in November, customers will soon enjoy even greater customer convenience as UTC embraces technology to bring services closer to customers. Read More

TT Dollar Income Fund Market Value Crosses TT $10 Billion

The Trinidad and Tobago Unit Trust Corporation (UTC) has surpassed another impressive milestone. On October 9, 2009, the Market Value of UTC’s TT Dollar Income Fund crossed TT 10 Billion dollars. The TT Dollar Income Fund is the Corporation’s fastest growing product and has over 428,960 customers. The UTC TT Dollar Income Fund is the nation’s largest TT dollar denominated Income Fund. Read More

Can you describe the intrinsic impact the celebration of Divali has on Trinbago culture? Young  Shehnaaz Salim captured this “inner light”  in the art piece “Dancing to the Sound of Light” that captured the first prize in the 2009 UTC Divali Art Competition (Secondary School Category). Salim, student of the Chaguanas North Secondary School won $2500 in UTC TT $ Income Fund Units and also won TT$2,000 for the purchase of art supplies for his school. Read More

Bouncy castles, face painting, games of cricket and basketball being enjoyed while the scents of chicken bar-b-cue being prepared by caring hands fill the air. This was the experience enjoyed by the children of the St. Mary’s Children’s Home on October 3, when staff of the Trinidad and Tobago Unit Trust Corporation came together to host a “Fun Day” for the children. Read More