UTC Introduces Global Balanced Fund to the ECCU, Empowering St. Kitts & Nevis Investors
St. Kitts & Nevis – July 10, 2025 – The UTC Global Balanced Fund Limited (UTC GBFL), a subsidiary of the Trinidad and Tobago based Unit Trust Corporation, officially launched its operations in St. Kitts and Nevis earlier today, marking a pivotal moment in the nation’s financial landscape. The event, which was held at the St. Kitts Marriott Resort, signifies UTC’s commitment to expanding accessible investment opportunities and fostering financial growth across the Caribbean region.
The UTC GBFL aims to provide the resilient people of St. Kitts and Nevis with unparalleled access to global investment opportunities, empowering them to build lasting financial security and achieve independence. This initiative highlights UTC’s strategic vision of regional expansion, bringing its expertise and stable investment solutions to new markets.
Mr. Nigel Edwards, Executive Director of the Trinidad and Tobago Unit Trust Corporation, emphasized the broader economic impact of such initiatives. “Today, we are not just launching a fund; we are opening a new door. We are introducing the Muiga Share Class of the UTC Global Balanced Fund Limited, and with it, we are extending a tangible opportunity for every Kittitian and Nevisian to participate in the first retail Collective Investment Scheme available across the entire Eastern Caribbean Currency Union.” He further stated, “It is our deep conviction that by strengthening our capital markets and expanding access to investment opportunities, we are collectively laying the foundation for a more resilient and prosperous Caribbean.
The launch event featured distinguished speakers, highlighting the significance of this venture for the twin-island federation. Mr. Timothy Antoine, Governor of the Eastern Caribbean Central Bank (ECCB), provided insightful remarks, emphasizing the importance of robust financial infrastructure and sound investment practices for regional stability and prosperity. He stated that the Eastern Caribbean Central Bank feels strongly about financial inclusion and that companies offering their services must deliver it in a manner that is affordable, fair, and transparent.” He added that UTC GBFL, “aligns with our vision of what financial inclusion means and that is why we are happy to support.” His support reinforces the secure and credible environment for investment in the Eastern Caribbean.
Mr. Trevor Blake, Managing Director of the Eastern Caribbean Securities Exchange, also expressed his strong support for introducing the UTC GBFL as an investment option for St. Kitts and Nevis. He stated, “Today’s launch is significant and timely, introducing as it does a ready and straightforward avenue for the people of the federation to start investing in order to create wealth.” Mr. Blake further congratulated the Trinidad and Tobago Unit Trust Corporation for providing a fund through the ECCU domicile subsidiary.
The UTC GBFL is designed to empower individuals by pooling diverse investments, creating access to larger global opportunities typically out of reach for individual investors. UTC operates under strict financial oversight and regulatory compliance, managing every invested dollar with the highest level of prudence, professionalism, and accountability. With over 550,000 unitholders across the region and US$3.5 billion in Funds Under Management, UTC’s track record speaks volumes about its commitment to security and investor trust.
Residents of St. Kitts and Nevis can now begin their investment journey with UTC GBFL.
For more information and to sign up with UTC GBFL Onboard, please visit www.utcgbfl.com.