Milestone in Investor Value and Financial Empowerment
Port of Spain | November 22, 2025: The Trinidad and Tobago Unit Trust Corporation (UTC) proudly announces a major investment milestone: the maturity of the Calypso Macro Index Fund (CMIF). As a closed-ended fund, launched in 2016 as the first of its kind in Trinidad and Tobago, CALYP is scheduled to reach its pre-determined Maturity (Redemption) Date on November 30, 2025. This successful conclusion is a moment to celebrate the fund’s disciplined strategy and its pivotal role in expanding access to sophisticated, diversified investment opportunities in the local market.
Executive Director Nigel Edwards reflected on the significance of the Fund’s maturity. “The Calypso Macro Index Fund’s upcoming maturity is a landmark moment for the UTC. We launched this product to provide local investors with access to a diversified pool of local equities and international energy stocks which allowed investors to benefit from key economic drivers, and it has delivered on that promise. Its performance underscores our mission to democratize investment and return real value to our unitholders.”
The Calypso Macro Index Fund has delivered significant value over its tenure, benefiting its 2,025 unitholders. As of year-end 2024, the CMIF had a value of TT$569.42 million, representing an approximate 13.9% growth from its initial value of TT$500 million. The CMIF has paid approximately TT$128M in dividends over the ten-year period since its launch. The Fund delivered increased returns to investors, with distributions per unit rising by 5%, from TT$0.80 in 2023 to TT$0.84 in 2024. Mr. Edwards stated. “The Calypso Fund’s performance serves as a testament to both our strategic foresight and the efficacy of our stewardship.”
The Fund’s successful maturity coincides with a robust year of financial performance for UTC overall, reflecting the Corporation’s unwavering commitment to investor value. In 2024, UTC recorded TT$1.045 billion in total investment income and increased distributions to unitholders by over 60%.
As the November 30, 2025, maturity date approaches, UTC assures its unitholders of a seamless transition and continued access to innovative, growth-oriented investment solutions. We encourage investors to view this milestone as an opportunity to review their overall financial strategy.
Investors are encouraged to contact a UTC Financial Advisor or visit any of our Investment Centres and Agencies. For more information on the Calypso Macro Index Fund or other UTC offerings, please visit www.ttutc.com.
