News

As at June 23, 2017

SaskWorks Diversified (Class A - Series A) $17.6803 SaskWorks Resources (Class R - Series A) $11.3422

SaskWorks Diversified (Class A - Series F) $18.2853 SaskWorks Resources (Class R - Series F) $11.6449

SaskWorks Venture Fund Sells Out for Second Consecutive Year

REGINA, Saskatchewan (March 8, 2012) – Saskatchewan investors have demonstrated their confidence in the strength of the province’s economy by investing a record-breaking $55 million in the SaskWorks Venture Fund in 2012, helping the Fund achieve its second consecutive sell-out year!

The Fund’s unprecedented raise was made possible by the Provincial Government’s recent increase in SaskWorks’ annual fundraising limit from $50 million to $55 million. The increase occurred in response to SaskWorks’ $50 million fundraising season in 2011, the Fund’s proven ability to invest capital in a timely manner, and Saskatchewan residents’ demand for SaskWorks. Despite the increase to the annual fundraising limit, SaskWorks became fully-subscribed prior to the end of RRSP season.

An investment in SaskWorks Venture Fund allows Saskatchewan residents to diversify their portfolio with companies to which they would otherwise not have access: small- and medium-sized, privately-owned Saskatchewan businesses. Through the Provincial Government’s “Invest in Saskatchewan” Program, shareholders are eligible to receive a 35% tax credit on their investment in the Fund.

“Saskatchewan residents want to add a piece of our province to their investment portfolio,” says Michael Fix, Chair of the Fund’s Board of Directors. “SaskWorks is a superb opportunity for Saskatchewan residents to place their investment dollars in local, privately-held companies and participate in a tax-efficient savings strategy.”

Since the Fund’s inception in 2001, SaskWorks has established itself as an industry leader, earning recognition as both the top-performing and top-selling Saskatchewan-based investment fund. “We’ve proven that investing in Saskatchewan works,” says Randy Beattie, SaskWorks’ President and CEO. “The Fund deploys the capital that local businesses need to achieve their growth plans. We’ve created or maintained 3,400 jobs in the province while giving the Fund’s 24,000+ shareholders access to a portfolio that has consistently generated industry-leading returns.”

Back to News

Welcome

Please choose one of the following options to enter the site.

Search FAQs Advisor FAQs Legal Contact Facebook Logout

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.iavm.ca). Investors should read the prospectus and consult an Investment Advisor before making an investment decision.