Home > UTC Media Centre > Media Release > Unit Trust Corporation Declares Payout of $111,001,778 Million in Growth & Income Fund

June 30th, 2005

Unit Trust Corporation Declares Payout of $111,001,778 Million in Growth & Income Fund

 

The Board of Directors of the Trinidad and Tobago Unit Trust Corporation has declared a $111,001,778.44 for the forty-fifth distribution of the Growth and Income Fund (FUS). This distribution was for the period January 01 to June 30, 2005.

Unitholders in the Growth and Income Fund received their portion of the forty-fifth distribution on September 16, 2005. All unitholders on the register as at 30th June 2005 as well as the initial capital contributors who are also unitholders in the Growth and Income Fund would have been the beneficiaries of the distribution of 40 cents per unit.

This payout will bring the total distribution since inception of this fund to $986.20 million.

The Corporation is encouraged by the funds’ performance. This represents a clear reflection of our continuing success in achieving our mission of attaining a wider shareholding democracy in Trinidad and Tobago. The Unit Trust Corporation takes this opportunity to thank its valued unitholders for their ongoing support and confidence.

Larry Olton
Asst. Vice President
Marketing and International Business
05 October 2005