UTC Media Centre

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

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

October 20, 2014: As part of the Unit Trust Corporation’s commitment to caring for the environment, UTC staff took their energies and channeled it into sustainable initiatives that brought value to the communities in which the Corporation operates.

With this in mind, team members from the Tobago investment center and Electronic Distribution Channels (EDC) recently conducted beach clean-ups at Kilgwyn Beach, Bon Accord and Hart’s Cut Bay, Chaguaramas, an activity that not only preserves the natural environment but provides an opportunity for team building. Read More







Madame Master of Ceremonies, Mr. Ian Chinapoo – Executive Director of the Trinidad and Tobago Unit Trust Corporation, Managers and Staff of the Trust, teachers, students and representatives of the media.

It is my pleasure to address you all this morning, at this the launch of the 24th Edition of the Unit Trust Corporation’s Schools’ Investment Game.

In keeping with its developmental mandate, the Corporation has over the years, since its start-up in 1982, launched a number of initiatives aimed at improving the level of financial literacy in Trinidad and Tobago.  In this regard our Financial Planning Seminars which are conducted by our Marketing Department is well known and highly regarded by Unitholders.  Additionally, this event, our Schools’ Investment Game has become a fixture on the events calendar of many of our Nation’s Secondary Schools.

If I were to ask you one question this morning, a very basic question, could you provide the answer?



Of all resources, the human resource is the most critical.

Education.  Training.  Cutting edge knowledge. Personal and professional development.  That, my friends is what The Investment Game is about.

How are you investing?  And no, I don’t refer to securities here.  How are you investing in yourself?

May I suggest three simple, yet effective ways to do this:


Developing your skills doesn’t only mean furthering your education, though that is an important feature.  Investing in yourself through the development of your skills also means: participating in extra-curricular learning activities; attending workshops, conferences, webinars; and reading widely: books, articles, papers, anything remotely related to a talent or skill that you would like to acquire.


Get a mentor.  Get a mentor.  Get a mentor.  This cannot be overestimated.  Mentoring relationships are a powerful source of knowledge, inspiration and networking.  As a young adult, operating without a mentor is similar to walking in the dark – you may find your way around, but it would certainly be better if the lights were on, or you had someone with a light to guide you.  Make a list of everyone that you know who has a lot of experience in the field or endeavor that you are interested in, and approach them.  That’s how it starts!  Build a relationship with them, and watch yourself grow.


When someone hears your name, what do they think about?  Your friends; acquaintances; teachers; family members – what are the first few things that come to their minds?  THAT IS YOUR PERSONAL BRAND. Do they think “excellence”, “hard-working”, “intelligent” “diligent”, or otherwise?  In today’s world, there is another wrinkle: when persons search for you online, what do they see?  Does your online presence fit the brand that you want for yourself?  Work relentlessly at creating, developing and cementing your personal brand.  It is your one of your most important resources.

I’ll close here.

Have I given you food for thought?  How many are willing to act on those thoughts, now that seeds have been sown?

Have I inspired you?  Remember that inspiration without action is procrastination.

For those that hope to hear a pointer or two on investment, here goes:

the prudent Portfolio Manager always pays particular attention to risk management.  That is the process whereby risks are actively identified, evaluated and controlled to ensure a higher likelihood of attaining investment objectives.  You must understand that, in general the higher the potential for reward, the greater the associated risk.  In executing your various investment strategies over the duration of the competition I urge you to hold that risk/return contradiction foremost in your minds.

Many, many years after you have left school, you would likely not remember the investment strategies that you employed in this game; the varying investment choices that you had to make to increase return while managing risk; it is likely that you would not even remember the names of many of the persons who are on your current investment teams!

What we do hope you remember two things, however: (1) the fundamentals of investment (investment literacy so to speak) and (2) the concept of investing in yourself.  


I thank you.

Opening remarks
Delivered by
Mr. Ian Chinapoo
Executive Director, T&T Unit Trust Corporation
At the launch of the UTC Schools’ Investment Game 2014
Tuesday 23rd September, 2014
At the UTC Financial Centre, Port of Spain

Executive Management team,
Members of the media,
Ladies and gentlemen.

Good morning and welcome to the 24th edition of the Unit Trust Corporation’s Schools’ Investment Game, which brings the world of investing to life and which puts the spotlight on sound, money management.

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September 22nd, 2014

Deriving Income from Equity.


With excess liquidity hovering around TT$6.5Bn and headline inflation at historic lows, investors are finding difficulty in generating attractive fixed income returns as local yields are low.  The Trinidad and Tobago Sovereign yield curve, as shown below,whichshows the differentrisk free yields (the green dots on the chart)across the maturity spectrum and this evidences the prevailing low interest rate environment.

Chart 1 –Trinidad & Tobago TTD Sovereign Yield Curve

Source: Bloomberg

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