UTC Media Centre

 
We will keep you updated with whatever happens - when happens in the world of Unit Trust.
 
 

 ADDRESS BY THE EXECUTIVE DIRECTOR
IAN CHINAPOO
 ON THE OCCASION OF THE TRINIDAD AND TOBAGO UNIT TRUST CORPORATION’S
 33RD ANNUAL GENERAL MEETING HELD ON MAY 27TH, 2015
AT DAAGA AUDITORIUM UWI, ST. AUGUSTINE

 

 INTRODUCTION

Thank you Master of Ceremony for your kind words of introduction. Mr. Wendell Mottley, Chairman of the Unit Trust Corporation, fellow Directors of the Trust, Representative of the Auditor General, Specially invited guests, Members of my Executive Team, Management and Staff of the Corporation, Unitholders, Representatives of the print and electronic media, ladies and gentlemen. Read More

ADDRESS BY THE CHAIRMAN
WENDELL MOTTLEY ON THE OCCASION OF
THE TRINIDAD AND TOBAGO UNIT TRUST CORPORATION’S
33RD ANNUAL GENERAL MEETING
HELD ON MAY 27TH, 2015
AT DAAGAAUDITORIUM UWI,ST. AUGUSTINE

Thank you Master of Ceremony. Mr. Ian Chinapoo, Executive Director of the Unit Trust Corporation, fellow Directors of the Trust, Representative of the Auditor General, Specially invited guests, Members of my Executive Team, Management and Staff of the Corporation, Unitholders, Representatives of the print and electronic media, ladies and gentlemen. Read More

The question of whether or not to obtain professional financial advice may be lingering on the minds of many persons who have had to deal with the reality of a fixed salary, rising expenses and wading through the maze of savings and investment options available. Since proper and consistent financial planning is the key to dealing effectively with these realities, how can the services of a Financial Advisor help you? Read More

April 24th, 2015

Financial Sector Changes

In an effort to further protect financial institutions, Know Your Customer (KYC) requirements remains a key feature.KYCis the process regulated markets identify clients and ascertain pertinent information before engaging in business with them. This is required for financial institutions and other companies to conform to due diligence and financial regulatory legislation. While the specific details of KYC requirements may differ between jurisdictions and regulatory regimes, organisations are required to understand their customers and clients including identifying the business, source of funds and wealth, purpose of specific transactions, expected nature and level of transactions and countries from which the customers/clients originate. The purpose of KYC guidelines is to assist financial institutions from being used by criminal elements for money laundering activities. Read More

April 16th, 2015

UTC raises bar on education

April 15th 2015: The Unit Trust Corporation recently partnered with students of St. Joseph’s Convent, San Fernando and Presentation College, Chaguanas on diverse educational projects, aimed at equipping them with life skills and reinforcing positive social interaction. Read More

April 2nd, 2015

Easter Greeting

UTC-Easter-Greeti#1331C7B8

A proper strategy is required to ensure that the goals you set are met. Whether the targets are to pay bills or to go on vacation, a carefully, well laid-out plan can assure success.   So when it comes to your finances a strategy map secures your goals.

You may have short-term goals you hope to achieve within a few years and long-term goals for the distant future. For example, you may be saving for the down payment on a home or perhaps you want to provide university education for your children. Maybe your goals are even longer term and you’re building a nest egg for retirement or planning to get married. Whether you are kick starting your investment or already a seasoned investor, setting goals are the foundation upon which long term wealth is built.In order to reach your goals, you need to determine their practicality and outline each goal’s investment time horizon. Time is important because the longer you have to achieve a goal, the more aggressive you can be in your investment choices. Conversely, when you have less time to achieve a goal, it is more prudent to consider lower risk investments. Read More

 Gaining the knowledge and developing the skills to become financially literate is a lifelong process that begins with something as simple as putting a few pennies in a piggy bank, and evolves to more advanced subjects such as risk and asset allocation. Some parents may have a difficult a time talking with their teenagers about money, but it’s critical to their survival in the real world.

Unsure of where to begin and worried about saying the wrong thing, many adults simply avoid conversations about money. This is often made worse by adults’ lack of confidence in their own handling of finances. It is important for adults to remember thatthey have experience and perspective on their sides, and can draw both from their financial mistakes and successes to share essential knowledge and skills to their children. Read More

March 6th 2015:As vibrant colour and creativity washed over the Queen’s Park Savannah during this year’s Kiddies Carnival, staff from the Unit Trust Corporationcreated a memorable impression for those who came from children’s homes across the country.

The annual eventis crucial to the Carnival calendar, and this year the UTC collaborated with the Trinidad and Tobago Red Cross Society to host a fun-filled day for children who reside at these homes.

As part of UTC’s commitment to supporting and contributing to the development and promotion of culture in Trinidad and Tobago, the Corporation made a financial contribution amounting to $20,000.00 to the event.

The UTC volunteers distributed gifts to these children, took them to get their faces painted and ensured they were engaged during the show.

Read More

February 12th, 2015

Carnival Closure Notice

UTC-Carnival-ClosingNotice