The Growth & Income Fund is an equity fund designed for long-term investing. The fund is invested in shares of local companies trading on the stock exchange and government guaranteed bonds. The fund performs in line with market conditions and is subject to price fluctuations.

  • Risk Level: Moderate
  • People who have invested in this fund, also invest in: North American Fund

Disclaimer: An investor should consider a Fundís investment objectives risks, charges and expenses carefully before investing. This and other important information can be found in the Fundís prospectus. Obtain a prospectus from our website or at any of our UTC Investment Centres and read carefully before investing.

The Growth & Income Fund offers a way for the average investor to buy units in this fund, and get your share in publicly traded companies in Trinidad and Tobago. A diversified portfolio of stocks and other investments gives potential, pending market conditions, for growth of your investments. 

Capital Guarantee

The price of a unit is calculated daily and is based on the value of securities in the Fund on that day. Given the nature of the investments in the Fund the opportunity exists for the fund to fluctuate in value to more or less than you initially invested. However, capital invested for more than 3 years, is guaranteed.  

The Price Guarantee Provision protects you from loss. The guarantee provides that if the units are held for at least 3 years from the date of purchase, one can never again get back less than was paid for the unit. Even if the unit is selling for less at that time, the investor still gets back what was paid plus any dividends earned for the period. 

Tracking Fund Performance 

You can track the performance of your investments daily as rates are published daily. There is an OFFER PRICE (the price at which you buy units) and BID PRICE (the price at which you sell back units) for unit transactions.

Distributions

Units will also attract distributions. These distributions are paid twice yearly and are based on your unit holdings on the 30th June and 31st December. Your total return is the capital appreciation in price of the units purchased plus distributions for the period.

Possibility of capital appreciation & income Help in beating inflation & increasing capital
Tax-free Total access to the total investment
100% access Available in cases of emergency
Flexible contributions Investing at your own pace
Guaranteed contribution after three years from date of deposit Peace of mind
Source of collateral for loans Two fold use of your investment
Cost of 1 unit to start Everyone has an opportunity to invest

 

Growth & Income Fund Chart
The Fund Details
Currency TT$
Product Type Equity
Investment Horizon Long Term
Portfolio Investments
  • Companies on Trinidad &Tobago Stock Exchange
  • Government Bonds
  • Short- term securities
  • U.S. Investments
  • Regional Investments.
Risk Profile Moderate
Unit Price Offer Price
Unit Valuation Daily
Valuation Publication Daily
Distributions Bi- annually
Statements Bi- annually – available online
Initial Purchase One Unit
Minimum Subsequent Purchase No minimum limit
Redemptions Same Day without penalty
Collateral Use Yes
Charges No Services, Sales, Handling charges
Guarantee Price Guarantee Provision 3 years from date of deposit
Tax ( TT nationals)
  • Individual: Income not subject to tax
  • Corporate: Income tax exempt
Sales charge 2% of offer price