As at June 14, 2024Show prices

SaskWorks Diversified (Class A - Series A) - 27.0177

SaskWorks Diversified (Class A - Series B) - 29.0463

SaskWorks Diversified (Class A - Series F) - 32.2643

SaskWorks Resources (Class R - Series A) - 25.6566

SaskWorks Resources (Class R - Series B) - 32.4564

SaskWorks Resources (Class R - Series F) - 27.8984

SaskWorks Venture Fund Inc.

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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 in 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 in 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.

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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!

$875Provincial Tax Credit (17.5%)
$750Federal Tax Credit (15%)
$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% ($55,867 – $111,733).

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.

Shareholder Materials

Shareholder Materials

Shareholder resources, materials, and frequently requested forms are available for digital download as well as hard copy.

View all our resources on the Shareholder Materials & Publications page:

2024 Semi-Annual ReportGeneral BrochurePayroll Investment Plan Brochure

Consistent Performance

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

Raised over

$699 Million

Invested

$682 Million

Made

299 investments

across

154 diverse companies

Exited

102 companies

For a total proceeds of

$712 Million

Representing a gain to the fund of

$346 Million***

*As per Morningstar.com as February 29th, 2024. Based on 5 year and 10 year for Class A shares and 1 year, 3 year, 5 year, 10 year, and since inception for Class R shares.

**Since inception through August 31, 2023.

***Aggregate of both share classes, including full and partial exits, since inception through August 31, 2023.

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

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.

Pre-authorized Contribution

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.

Payroll Investment Plan

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. Click here to learn more.

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