SaskWorks Venture Fund Inc.

As at April 9, 2021Show prices

SaskWorks Diversified (Class A - Series A) $20.6377

SaskWorks Diversified (Class A - Series F) $23.1990

SaskWorks Resources (Class R - Series A) $10.8305

SaskWorks Resources (Class R - Series F) $11.7491

I want to

What is SaskWorks?

SaskWorks Venture Fund provides a unique opportunity for Saskatchewan residents to keep their investment dollars at home, helping to grow local companies and creating jobs in our Province.

SaskWorks is a Saskatchewan-based retail mutual fund that invests in privately-held small and medium-sized businesses owned or primarily operated Saskatchewan.

SaskWorks Venture Fund provides a unique opportunity for Saskatchewan residents to keep their investment dollars at home, helping to grow local companies and creating jobs in our Province.

SaskWorks is a Saskatchewan-based retail mutual fund that invests in privately-held small and medium-sized businesses owned or primarily operated Saskatchewan.

RRSP Tax Deferral

PLUS

32.5%
Tax Credit

Investments in SaskWorks are eligible to receive a tax credit equal to 32.5% in addition to their RRSP tax deferral.

Learn More

What does it cost me?

An investment in SaskWorks is RRSP and tax credit-eligible. In addition to an RRSP tax deferral, investors in SaskWorks will receive a 17.5% Provincial tax credit and a 15% Federal tax credit on investments of up to $5,000 annually.

15%	+	17.5%	=	32.5%
Federal Tax Credit		Provincial Tax Credit		Total Tax Credit

This means a $5,000 investment in SaskWorks may cost as little as $1,725!^†

$750Federal Tax Credit (15%)

$875Provincial Tax Credit (17.5%)

$1,650RRSP Tax Deferral (33%)^†

$1,725Net Cash Outlay After Tax Savings

^†Assumes a $5,000 investment by an investor in a marginal tax bracket of 33% ($47,630 – $95,259)

Income Range (Marginal Tax Rate)

32.5% Tax Credit

RRSP Tax Savings

Total Tax Credits & Savings

Your Cost

* Assumes a $5,000 investment by an investor.

Consistent Performance

SaskWorks is the top performing retail mutual fund in Saskatchewan. With the support of Saskatchewan’s investment community, SaskWorks has:*

Raised over

$590 million

Invested

$540 million

Made

264 investments

across

129 diverse companies

Exited

89 companies

For a total proceeds of

$509 million

Representing a gain to the fund of

$256 million**

*Since inception through August 31, 2020

**Aggregate of both share classes, including full and partial exits, since inception through August 31, 2020

Class A

	Series A	Series F
1 year	(5.49%)	(3.95%)
3 year	3.31%	5.65%
5 year	4.77%	—
10 year	4.02%	—

Sectors

Manufacturing
Value-Added Agriculture
Energy

Class A, Series A: CCP100, CCP102 Class A, Series F: CCP101
as at October 31, 2020.

Class R

	Series A	Series F
1 year	(17.18%)	(12.53%)
3 year	(6.02%)	(3.65%)
5 year	(6.95%)	—
10 year	(3.97%)	—

Sectors

Energy Production
Energy Services
Mining
Alternative Energy Solutions

Class R, Series A: CCP200, CCP202 Class R, Series F: CCP201
as at October 31, 2020.

Double Your Tax Credit

SaskWorks shares are eligible for rollover following the government-mandated eight year holding period. When you roll-over your mature shares, you are eligible to receive a second 32.5% tax credit on your original investment.

Three Ways to Invest

Lump Sum Contribution

SaskWorks accepts lump sum contributions of $500 or more. Tax credits may only be claimed on a maximum investment of $5,000 per year and cannot be carried forward. Contributions made during “RRSP season”, the first 60 days of the year, may be claimed against the current or previous year’s taxes.

Learn More

Pre-authorized Contribution

SaskWorks’ pre-authorized debit plan allows you the flexibility to choose your contribution amount and deduction frequency which can be automatically deducted from your checking account on a regular basis.

Learn More

Payroll Investment Plan

Take advantage of the 32.5% tax credit and RRSP tax deferral using SaskWorks’ Payroll Investment Plan. *Usually you would receive all these savings when you file your taxes. But with SaskWorks Venture Fund’s Payroll Investment Plan, you receive these savings each payday.

Learn More

In the News

November 30, 2020

STAMPEDE DRILLING INC. ANNOUNCES $2 MILLION SECURED CREDIT FACILITY, AMENDMENT TO ITS EXISTING CREDIT FACILITY WITH HSBC

Canada NewsWire CALGARY, AB, Nov. 30, 2020 CALGARY, AB , Nov. 30, 2020 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Company”) is pleased to announce the closing of a loan facility (the “BDC Facility”) in an amount of up to $2 million pursuant to a letter of offer dated October 28, 2020 with the Business Development of Canada (“BDC”). The BDC Facility has… Read More

More News

SaskWorks Venture Fund