What is SaskWorks Venture Fund?
SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund that invests in privately-held small and medium-sized businesses owned or primarily operated in Saskatchewan. As a labour-sponsored venture capital corporation (LSVCC), investments in SaskWorks are eligible to receive a tax credit equal to 32.5% in addition to their RRSP tax deferral. Since its inception, the Fund has provided 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’ consistent results are a product of the fund’s long-term investment philosophy: we invest in diverse, complementary businesses that perform well across unpredictable economic and market cycles. Our diversification efforts have resulted in competitive portfolios that offer exposure to Saskatchewan’s top economic drivers: manufacturing, value-added agriculture and energy.
How to Invest
Investments in SaskWorks must be facilitated by a licensed investment advisor or via an eligible self-directed investment account. The fund’s advisor network includes over 1,000 Saskatchewan-based professionals at local credit unions, major banks and independent mutual fund dealers. To locate an advisor in your area, please call Ben Findlay at (306) 530-3689 or email firstname.lastname@example.org. For more information click here