UTC Global Balanced Fund Limited Launched in Dominica.
The UTC Global Balanced Fund Limited (UTC GBFL), a subsidiary of the Trinidad and Tobago Unit Trust Corporation (UTC), has continued its regional growth trajectory with its official launch in the Dominican market on Thursday, September 11, 2025. The launch event, hosted at the Fort Young Hotel and Dive Resort in Roseau, represented a significant milestone in UTC GBFL’s mission to strengthen economic integration and broaden investment opportunities across the Eastern Caribbean Currency Union (ECCU).
Established in Saint Lucia in 2023, UTC GBFL has expanded steadily across the region, with operations now active in Grenada, St. Kitts, and St. Vincent and the Grenadines. Its entry into Dominica underscores UTC’s commitment to making professional wealth management accessible to individuals and institutions across the Caribbean.
Speaking on the Fund’s strong performance, Executive Director of the Unit Trust Corporation, Mr. Nigel Edwards, highlighted its rapid growth. "Since its inception in 2023, the fund's return has been 18.25%, holding $9.5 million USD under management. This is a 90% growth since inception…. At TTUTC, we believe wealth should not be a privilege for a select few. It should, in fact, be within reach for all, regardless of background or economic standing.”
Mr. Edwards further underscored the high standards of oversight and governance that safeguard investor interests. “There is consistent oversight by regional regulators, including the Eastern Caribbean Securities Regulatory Commission, ensuring that every dollar is managed with care, prudence, and accountability.”
The launch in Dominica was accompanied by a week of engagement activities designed to connect with the public and build awareness of the importance of financial literacy.
These included a curated Investor Masterclass workshop, which was facilitated by Mr. Andrew Maharaj, Investment Research & Strategy Manager at the TTUTC. The engagement activities included a public education seminar and a financial literacy lecture at St. Mary’s Boys’ Academy.
Built on the 42-year legacy of the Trinidad and Tobago Unit Trust Corporation, the UTC Global Balanced Fund is available exclusively within the ECCU and is designed to give investors access to larger global investment opportunities often out of reach for individuals acting alone. By pooling resources through a professionally managed and regulated structure, the fund opens pathways for ordinary citizens to participate in wealth creation on a global scale.
About Unit Trust Corporation (UTC): The Unit Trust Corporation is the largest mutual fund service provider in Trinidad and Tobago, with Funds Under Management totaling TT24.2billion (US3.5 billion) as of December 31, 2024. Committed to fostering a culture of saving and investment, UTC provides innovative financial solutions and educational initiatives to empower individuals and communities across the Caribbean. For more details, visit www.ttutc.com.