UTC Media Centre

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


GOOD EVENING, Fellow Directors of the Trust, representative of the Auditor General, specially invited guests, Management and staff of the Corporation, our valued Unitholders, representatives of the media, ladies and gentlemen, it gives me great pleasure to be addressing you at our thirty-fourth (34th) Annual General Meeting of the Trinidad and Tobago Unit Trust Corporation. Read More

March 10th, 2016

UTC lump sum blog 2016

What about that lump sum?
What happens if you suddenly find yourself in receipt of a large sum of money? Receiving a lump sumcan be very exciting because it’s rare to have the opportunity to spend or invest a large amount of money at one time. But figuring out what to do with a lump sum pay-out can also be very stressful, especially if you aren’t comfortable making sound financial decisions. Read More

February 29th, 2016

Managing a downturn

Say the word “downturn” and it can send a chill up your spine. It’s a word that spawns fear and breeds indecision. But from the novice to the most fastidious of investors, you can manage your finances and maintain your wealth during an economic slowdown. The key to taking control of expenses is to budget and exercise prudence in your spending. In a downturn, tough decisions need to be about how you manage your money, what you spend it on and what financial priorities come into play.  Read More

2ndFebruary, 2016:Even as companies and consumers face the reality of an economic downturn, they need to shift their focus and look for ways to capitalize on the myriad of opportunitiesthat could arise in an economicdownturn, according to Executive Director, Unit Trust Corporation, Ian Chinapoo.

Chinapoo’scomments were made while delivering an address as a guest speaker at Nestlé’s Trinidad & Tobago and Nestlé Caribbean’s 2016 Kick-Off meeting,recently held at Hilton Trinidad and Conference Centre. The Executive Director’s presentationfocused on Trinidad and Tobago’s current economic climate and what it means for the consumer and organizations in their day to day operations and decision making. The theme was titled, “Challenges, Shifting Priorities
&Opportunities That Will Confront Households & Firms in 2016.” Read More

February 15th, 2016

Ignite your retirement planning

Part 2 in a series on aligning lifestyle goals and financial planning/investment

In part one of this series, ‘Recommitting to your financial success in the year ahead’ we talked about the importance of your financial health in your New Year’s resolutions. But while setting New Year’s resolutions may be easy enough, keeping them can be a lot harder. With Carnival ending it is important to stay focused.

In the months ahead,your aim should be to commit at least 10% of your monthly net income after reductions and taxes to regular investments, including retirement. Read More

February 2nd 2016:  Staff at the Unit Trust Corporation volunteered their time and brought smiles to the faces of the children attending Red Cross Kiddies Carnival held on Carnival Saturday at the Queen’s Park Savannah.

Over five hundred children from twenty homes across the country were afforded the opportunity to witness the splendor, colour and creativity from the Grand Stand of the children’s bands crossing the Savannah stage for Carnival 2016.

The annual event is pivotal to the Carnival calendar, with UTC once again collaborating with the Red Cross Committee on their diamond anniversary, to make memories with the children and their caretakers.

Read More

8th January 2016: The Trinidad and Tobago Unit Trust Corporation is again set to create history when its newest fund, the Calypso Macro Index Fund, which provides investors with the unique opportunity to participate in the local and global stock markets will be listed on the Trinidad and Tobago Stock Exchange on Monday January 11, 2016. The Fund, valued at $500M, offered 20,000,000 units for sale at $25 per unit. At the close of the offer period, the fund was fully subscribed. Read More

December 23rd, 2015

UTC New Year

Recommitting to your financial success in the year ahead

Part 1 of a 2-part series on aligning lifestyle goals and financial planning/investment.

As we approach the end of 2015 more people will begin making their New Year’s resolutions. Popular choices for resolutions often include commitments to improve one’s health, family life and spiritual well-being, but we forget to include another important aspect of our lives: our finances. Committing to financial planning and investment can help you to achieve your future lifestyle goals and a year free from financial uncertainty.  Read More