About SaskWorks

As at October 20, 2017

SaskWorks Diversified (Class A - Series A) $18.1691 SaskWorks Resources (Class R - Series A) $11.2604

SaskWorks Diversified (Class A - Series F) $18.9063 SaskWorks Resources (Class R - Series F) $11.6013

"I like the idea of keeping our dollars at home & supporting our local economy."

- Michelle Jarocki, Staff Sergeant, Regina Police Service

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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 network includes over 1,300 Saskatchewan-based Investment Advisors 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 benfindlay@pfm.ca

For more information about how to become a licensed SaskWorks advisor or to subscribe to fund updates, please call Ben Findlay at (306) 530-3689 or email benfindlay@pfm.ca

Investment Options

Lump Sum 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.

Payroll Investment Plan

Take advantage of the 35% 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.

Pre-Authorized Debit Plan

SaskWorks’ pre-authorized debit plan allows you the flexibility to choose your contribution amount and deduction frequency which can be automatically deducted from your chequing account on a regular basis.

Diversify or Energize

Investors may choose to participate in SaskWorks’ Diversified share class (class A), Resources share class (class R), or both.

35% Tax Credit

Under Saskatchewan’s Labour-Sponsored Venture Capital Corporation (LSVCC) Act and the Income Tax Act (Canada), investments of up to $5,000 made between March 2nd, 2016 and February 29th, 2017 are eligible to receive a 20% Provincial tax credit and a 15% Federal tax credit.

Your Investment $ 5,000
Provincial Tax Credit (20%) $ 1,000
Federal Tax Credit (15%) $ 750
RRSP Tax Deferral* (38.75%) $ 1,937.50
Net Cash Outlay After Tax Savings $ 1,312.50

* Assumes a $5,000 investment by an investor in a marginal tax bracket of 38.75% ($91,832 – $129,214).

RRSP-Eligible

SaskWorks contributions may be held in an RRSP, spousal RRSP, or LIRA account and are eligible to receive an RSP tax deferral equal to the shareholder’s marginal tax bracket.

Please note: registered contributions that have not reached maturity by a shareholder’s 71st birthday must be transferred to a RRIF account and will be subject to mandatory withdrawals. Please discuss the implications of a RRIF transfer with your investment advisor.

Alternatively, a shareholder may choose to hold their investment in a non-registered account.

8-Year Maturity Period

Per Saskatchewan’s LSVCC Act, investments in SaskWorks are subject to an eight-year maturity period. Shares redeemed prior to the maturity period having elapsed are subject to tax credit clawbacks and pro-rated early redemption fees.

A long-term viewpoint is essential to SaskWorks’ success. Well-aligned with our shareholders, the fund patiently invests over a 5 to 10 year time horizon, improving the value our portfolio assets by partnering with well-regarded management teams, demonstrably supporting our investees’ growth plans, and strategically exiting investments when SaskWorks’ involvement is no longer necessary.

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READ OUR PROSPECTUS > This offering is made only by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained free of charge from your Investment Advisor or the agent, Industrial Alliance Securities Inc. (www.iavaleursmobilieres.ca). Investors should read the prospectus and consult an Investment Advisor before making an investment decision.