Home > UTC Media Centre > Blog > Calypso Fund Strikes the Right Investment Note

November 13th, 2015

Calypso Fund Strikes the Right Investment Note

 

Whether you’re a smart, career-savvy professional looking to start a family or you’re getting ever closer to retirement, now is the time to start thinking about what your future holds, including purchasing a dream home, sending your kids to college abroad, or taking that dream vacation!

Setting clear goals is key to attaining success through sound investments.

Exciting opportunity

At UTC, our Calypso Macro Index Fund, referred to as the Calypso Fund, presents an exciting opportunity for Trinidad & Tobago nationals to invest in not only the development of the local stock exchange, but also the growth and diversification of the national economy as a whole.  As this is the first time a UTC Fund will be listed on the local stock exchange, units of the Calypso Macro Index Fund can only be bought or sold through a stockbroker.

Here’s how CMIF can work for you:

Accessible

  • We’ve made it very accessible by allowing investors to make an initial investment as low as $1000, with each unit valued at $25. Due to demand, we have extended the offering’s closing date from November 6 to December 4, 2015.

Tracking a market index

  • Index funds, like the Calypso Fund, are simply a type of mutual fund with a portfolio constructed to match or track the components of a market index. In this case, the weighted combination of the All TT Index on the Trinidad and Tobago Stock Exchange (“TTSE”) and a Global Energy Index.

Balanced portfolio

  • Our Calypso Fund gives investors the opportunity to essentially buy a segment of the entire market, presenting them with a truly diverse portfolio. It also offers an opportunity for the investment-savvy investor to balance their portfolio away from investments in individual stocks.
  • To achieve this level of diversification outside of a mutual fund will prove very costly to the investor as each company’s shares would need to be purchased individually, in addition to factoring in the commission charges and transaction fees.

Your financial goals and available savings will help you to determine how much you should be investing.  It doesn’t matter if you’re an investment novice or a more experienced investor, do the necessary research and analysis before making any investment decision.

Click here for more information on the Calypso Macro Index Fund.