Unit Trust Corp. (UTC) TT$ Income Fund

Price | 11-Dec

20.00

2017 Return *

▲1.1%

2016 Return *

▲1.09%

2015 Return *

▲0.92%

2014 Return *

▲0.92%

Currency

TTD

* Returns are bid-bid with the reinvestment of distributions (unannualized).

The fund's price is adjusted for the distributions reinvested on the Reinvestment Date.   Distributions are accrued according to the fund's Accrual Frequency.   Price data are forward-filled on weekends, holidays and other no-quote days.   Returns are not load-adjusted. Bid-to-Bid return is used where applicable.   The Growth of $10,000 (y-axis) is shown using a logarithmic scale.


Special Notes

This fund was formerly known as the "Second Unit Scheme (Money Market fund)".


Fund Description

The Unit Trust Corp. (UTC) TT$ Income Fund is a fixed income mutual fund domiciled in Trinidad and Tobago. It manages an estimated $11.0 billion (TTD) in assets (as at 2017-06-30).

According to the fund's prospectus, its investment objective is " the maximization of current income and the preservation of capital. The fund is a short-term investment vehicle and seeks to achieve its objective by investing in a diversified range of high quality fixed income securities. The securities include a wide range of government, corporate and money market instruments of investment grade quality. The approach of selecting fixed income instruments is based on the bottom- up fundamental approach to investment analysis designed to reduce the downside risks while adding value over the complete interest rate cycle."

The fund is managed by Trinidad & Tobago Unit Trust Corporation Limited. The fund's trustee is Trinidad & Tobago Unit Trust Corporation Limited.



Stewardship

Trustee Trinidad & Tobago Unit Trust Corporation Limited
Manager Trinidad & Tobago Unit Trust Corporation Limited
Administrator NA
Sponsor NA
Advisor NA

Fund Details

Fund Status: Active
Asset Category: Fixed Income
Peer Group: Fixed Income Funds - TTD
Sub-Peer Group: TTD Fixed NAV Income
Benchmark: None
Domicile: Trinidad and Tobago
Currency: Trinidad and Tobago Dollar
NAV Type: Fixed
Minimum Investment: 100.00
Minimum Add. Investment: None
Distrib. Frequency: Quarterly
Distrib. Accrual Frequency: Daily
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: Sept. 1, 1989
Assets Under Mgmt: TTD $10,985,166,000.00 (Jun 30, 2017)