The Trinidad and Tobago Unit Trust Corporation is celebrating a major investment milestone as its Calypso Macro Index Fund approaches maturity on November 30th.
Launched in 2016 as the first fund of its kind, the closed-ended investment vehicle has grown from 500 million to over 569 million dollars by the end of 2024, delivering nearly 14 percent growth and paying out 128 million in dividends to more than two thousand unitholders.
Executive Director Nigel Edwards says the Fund’s strong performance reflects UTC’s mission to democratize investing and deliver real value.
The milestone comes as UTC reports over 1 billion dollars in investment income in 2024, with distributions to unit holders rising by more than 60 percent.
UTC says unit holders can expect a smooth transition at maturity and encourages investors to review their financial plans.
