Unit Trust Corporation
The Trinidad and Tobago Unit Trust Corporation (UTC) is the leading mutual fund company in the Caribbean, providing a full range of Investment Services for a diversifed client base which includes individuals, institutions and governments. Its headquarters are in downtown Port of Spain UTC offers
A: Corporate and Personal financial planning solution
1. Access Management
2. UTC Properties
3. International Business
4. Merchant Bank
B. Investments and savings in mutual funds in both TT and US $
1.Utc Energy Fund
2.Growth and Income Fund
3. Money Market Fund
4. Chaconia Fund
5. Cash Management Plan
C.pension asset management and retirement plans
1. Universal Retirement Fund
2. Invididual Retirement Unit Fund
D. Children's investment plans
1. Children Investment Starter Plan
2. Student Investment Protection Plan
E. International debit cards
The UTC was founded in 1981 by an act of parliament
The boards of Directors are:
1: Amoy Chang Fong-Chairman
2: Marlon Holder-Excecutive Director
The Management team are:
1. Maralyn Andrews-Chief financial Officer
2. David Thompson-Vice President Merchant Banking
3. Eutrice Carrington -Vice President asset Management
4. Gayle Worrel-Vice president International Business
The returns in investment with UTC are higher than at the banks as much as 25 % and units will be accumilated after a time and can be purchased as shares.Also money can be accessed at any time unlike fixed deposits.