As at July 23, 2021Show prices
SaskWorks Diversified (Class A - Series A) 21.2782
SaskWorks Diversified (Class A - Series F) 24.0790
SaskWorks Resources (Class R - Series A) 11.5971
SaskWorks Resources (Class R - Series F) 12.4625
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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% ($49,020 – $98,040).
$48,536 - $97,069 (33.00%)
32.5% Tax Credit
RRSP Tax Savings
+
Total Tax Credits & Savings
Your Cost
View all our resources on the Shareholder Materials & Publications page:
SaskWorks is the top performing retail mutual fund in Saskatchewan. With the support of Saskatchewan’s investment community, SaskWorks has:*
Raised over
$619 million
Invested
$547 million
Made
270 investments
across
131 diverse companies
Exited
92 companies
For a total proceeds of
$588 million
Representing a gain to the fund of
$301 million**
*Since inception through February 28, 2021
**Aggregate of both share classes, including full and partial exits, since inception through February 28, 2021
| Series A | Series F | |
|---|---|---|
| 1 year | 5.87% | 8.18% |
| 3 year | 0.08% | 2.08% |
| 5 year | 5.87% | 8.29% |
| 10 year | 3.79% | — |
Class A, Series A: CCP100, CCP102 Class A, Series F: CCP101
as at March 31, 2021.
| Series A | Series F | |
|---|---|---|
| 1 year | 25.82% | 21.64% |
| 3 year | (1.53%) | 0.09% |
| 5 year | (2.93%) | (1.44%) |
| 10 year | (3.10%) | — |
Class R, Series A: CCP200, CCP202 Class R, Series F: CCP201
as at March 31, 2021.
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. Click here to learn more.
May 25, 2021
25 May 2021 I’m excited to share that 7shifts has raised $21.5MM led by Danny Meyer’s Enlightened Hospitality Investments, which is the investment arm of Union Square Hospitality Group (USHG). These new funds will allow 7shifts to double-down on providing restaurant operators with the best workforce management tools as they return from the largest collapse in restaurant history…. Read More
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