The Universal Retirement Fund is a new and innovative approach to pension saving. It also presents an affordable way to adequately prepare for retirement. All individuals including self-employed and corporate bodies can participate in this fund.

  • Risk Level: Moderate (Price Fluctuations Possible)

Investors choosing this Fund also invested in: IRUA, Growth & Income Fund, TT$ Income Fund

Disclaimer: An investor should consider a Fundís investment objectives risks, charges and expenses carefully before investing. This and other important information can be found in the Fundís prospectus. Obtain a prospectus from our website or at any of our UTC Investment Centres and read carefully before investing.

Potential  Investment Return

The URF has the potential to offer capital appreciation and seeks to  meet its objective by investing the Fund's assets in investment grade equities of both local and international companies and bonds and other high income securities with significant income potential.

The returns on the URF are directly linked to the returns of investments in the URF. These investments will consist primarily of equity securities (instruments that undergo value fluctuations over time). The nature of these investments is such that future returns are related to several variables that ultimately determine average returns for the period.

Net Asset Value

The URF is both value-based and investment linked, allowing investors the potential to benefit from the maximum value of their investment in the fund rather than some predetermined amount using such methods as the final pay, flat benefit or career average formulae.

The value of your investment is your unit balance multiplied by the NAV (Net Asset Value) or unit price. This price is related to the market value of the investments made by the fund.

Withdrawals from the URF

Withdrawals can be made provided that any one of the following conditions are satisfied;

  • Death;
  • Medical or permanent disability;
  • Home acquisition based on any of the following:
    • 5 year membership
    • 10% purchase price but not to exceed 50% of the member's accumulation (one application/member)
  • At any age 50 years and over or 5 years after entry whichever is greater.

All withdrawals other than the above, will be limited to the individuals' capital contributions or net asset value, whichever is lower with earnings deferred to retirement age.

Options at retirement

Investors at retirement can benefit from any of the retirement options:

  • Full accumulation
  • Lump sum plus periodic withdrawals
  • Periodic withdrawals

Possibility of capital appreciation Help in beating inflation & increasing capital
Potential for returns in the long-term More money at retirement
Employer matching Possibility of greater return on investment
Portability Reaping the rewards of all of your hard work
Flexible contributions Investing at your own pace
Tax-free Access to the total investment
No charges or penalties on withdrawal No surprises
$100 to start Everyone has an opportunity to invest