As at November 20, 2020Show prices
SaskWorks Diversified (Class A - Series A) $20.1167
SaskWorks Diversified (Class A - Series F) $22.4222
SaskWorks Resources (Class R - Series A) $9.3798
SaskWorks Resources (Class R - Series F) $10.4179
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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.
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!†
†Assumes a $5,000 investment by an investor in a marginal tax bracket of 33% ($47,630 – $95,259)
$48,536 - $97,069 (33.00%)
32.5% Tax Credit
RRSP Tax Savings
+
Total Tax Credits & Savings
Your Cost
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
| Series A | Series F | |
|---|---|---|
| 1 year | (5.49%) | (3.95%) |
| 3 year | 3.31% | 5.65% |
| 5 year | 4.77% | — |
| 10 year | 4.02% | — |
Class A, Series A: CCP100, CCP102 Class A, Series F: CCP101
as at October 31, 2020.
| Series A | Series F | |
|---|---|---|
| 1 year | (17.18%) | (12.53%) |
| 3 year | (6.02%) | (3.65%) |
| 5 year | (6.95%) | — |
| 10 year | (3.97%) | — |
Class R, Series A: CCP200, CCP202 Class R, Series F: CCP201
as at October 31, 2020.
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.
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.
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.
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.
October 5, 2020
SaskWorks portfolio company, The All-Fab Group of Winnipeg, Manitoba has announced a partnership with Littfin Truss of Winstead, Minnesota for continued growth. The All-Fab Group currently manages nine operations under the All-Fab, Nu-Fab and Olympic brands. The All-Fab Group is one of the largest independent building solutions providers in Western Canada, serving customers across both… Read More
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