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% ($53,359 – $106,717).

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 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:

Annual Report 2023 General Brochure Payroll 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 October 31, 2023. 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.

Class A

	Series A	Series B	Series F
YTD	4.41%	6.84%	6.02%
1 year	3.65%	5.10%	5.38%
3 year	8.85%	—	10.74%
5 year	4.31%	—	6.38%
10 year	5.70%	—	—

Sectors

Manufacturing
Value-Added Agriculture
Energy

Class A, Series A: CCP100, CCP102
Class A, Series B: CCP103
Class A, Series F: CCP101
as at October 31, 2023

Class R

	Series A	Series B	Series F
YTD	14.38%	27.80%	16.32%
1 year	11.94%	23.03%	16.23%
3 year	37.24%	—	34.85%
5 year	15.48%	—	15.94%
10 year	5.48%	—	—

Sectors

Energy Production
Energy Services
Mining
Alternative Energy Solutions

Class R, Series A: CCP200, CCP202
Class R, Series B: CCP203
Class R, Series F: CCP201
as at October 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

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

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

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.

Invest Now

In the News

November 14, 2023

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SaskWorks Venture Fund

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