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 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


January 21st, 2015

UTC prevents loss of funds

January 20th 2015: In January 2013, during our routine compliance procedures, the Unit Trust Corporation discovered and prevented an attempt to defraud an institution of $50 million.

There was no loss of funds to the institution and the monies were fully recovered. Immediately following the detection of the fraudulent activity, we informed the financial institutions involved and law enforcement officials were notified.

We have been fully cooperating with law enforcement officials in their investigation and appreciate the significant efforts of the authorities in this matter.

The UTC employs rigorous processes and procedures designed to prevent fraud and we continue to seek to ensure that unit holders’ funds are safe and secure.

For further information, please contact:
Rory Rostant
Communications Manager
Tel: 624-8648 ext. 7020; mobile 685-7975
Email: rrostant@ttutc.com

December 31st, 2014

UTC NewYearsGreeting


December 23rd, 2014

UTC Christmas Hamper Drive

Executive Director, Unit Trust Corporation, Ian Chinapoo presents one of 32 food hampers to Melissa Jimenez, Marketing Officer, KIND, at Unit Trust Head Office, Independence Square, Port of Spain.

Executive Director, Unit Trust Corporation, Ian Chinapoo presents one of 32 food hampers to Melissa Jimenez, Marketing Officer, KIND, at Unit Trust Head Office, Independence Square, Port of Spain.

UTC Christmas Hamper Drive:

In celebration of its thirty-second anniversary, the Unit Trust Corporation donated 32 hampers to Kids In Need of Direction (KIND), a charitable foundation that provides assistance to children at risk throughout Trinidad and Tobago. KIND also supports the development of children through the pillars of education, nutrition, medical assistance, vocational training, emotional counselling and sport. UTC fully supports initiatives that aid in the development of at risk youths and provides support towards meeting their educational needs.

UTC, NIB and NEL Jointly Acquire 10% stake inPhoenix Park Gas Processors Limited

First investment as a consortium by the leading institutional investors in Trinidad & Tobago results in full ownership of Phoenix Park by statutory and related entities of the Republic Trinidad & Tobago.

 Port of Spain, November [19th] 2014 –An investmentconsortium comprisingThe National Insurance Board of Trinidad and Tobago (“NIBTT”), National Enterprises Limited (“NEL”), and The Trinidad and Tobago Unit Trust Corporation (“UTC”) announced today the acquisition of 100% of the equity of Pan West Engineers & Constructors, LLC (“Pan West”)for a total consideration of US$ 168 million.Pan West is a wholly-owned subsidiary of General Electric Capital Corporation (“GE”) and the holder of a 10% equity interest in Phoenix Park Gas Processors Limited (“Phoenix Park”). Read More

November13, 2014: Local business journalists, both seasoned and rookies, were given an opportunity to take their craft to another level at the Business Media Workshop hosted by the Unit Trust Corporation on 15th and 16th October, 2014, at the Hyatt Regency, Port of Spain.

Following the conclusion of the two-day workshop, reporters and editors from across the media spectrum, were presented not only with Certificates of Participationbut digital voice recorders, a useful tool to assist them with their jobs. The UTC hosted its first media workshop in 2012 and made quite an impact. Read More

November 11th, 2014

UTC building community bridges

November 7, 2014:Movietowne, Port of Spain, came alive with the infectious joy of children from Sophia House and St. Jude’s Home for Girls, when staff from the Unit Trust Corporation’s One Woodbrook Place Investment Center took the time to accompany them to an evening at the movies.

As part of UTC’s focus on building lasting relationships in our communities, UTC staff ‎also brought smiles to the faces of children from the National Association for Downs Syndrome when they participated in various games, art and craft.

Michelle Harnarinesingh of the Human Resource Department stated, “I was moved by this experience and marveled at how inventive these kids were, it would be great to come here again to see the progress of the children.” Read More

UTC brings light to Divali Art Competition

The Facebookfans of the Trinidad and Tobago Unit Trust Corporation have officially spoken. The Unit Trust Corporation for a second year placed voting power in the hands of our 10,000 plus Facebook Fans to select the winners of the annual Divali Art competition, in both the Primary and Secondary schoolcategories.

Young Kyle Gopaul of Guaico Presbyterian School emerged the winner of the Primary School People’s choice category, receiving over US$300 in Gift of Units for his artistic portrayal of the competition’s theme “Deyas of Enlightenment”. Trishana Mahabir of Lakshmi Girls’ Hindu emerged victorious in the People’s Choice CategorySecondary Schools, winning over US$300 in Gift of Units with her creative depiction that caught the attention of the fans on the UTC Facebook page. Read More