you’re at the age where you get excited about a 32.5% tax ... · yep. you’re at the age where...

Yep.You’re at the age where you get

excited about a 32.5% tax credit.

SaskWorks is the top performing*

retail mutual fundin the province.* As per Morningstar.com as at August 31, 2019. Based on 1 year, 3 year, 5 year, 10 year and since inception returns for Class A and R shares.

K E E P Y O U R I N V E S T M E N T I N S A S K A T C H E W A N

SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund that invests in small and medium-sized private businesses. SaskWorks allows you to diversify your portfolio with companies that you would otherwise not have access to – all while keeping your investment dollars at home in the province and reducing your personal taxes.

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“ Our conservative investment approach, strong risk controls and experience investing through several of Saskatchewan’s market cycles, have allowed the fund to help local businesses navigate the challenges and opportunities in Saskatchewan’s economy.”

Randy Beattie, President & Founding Partner

SaskWorks investors receive a 32.5% tax credit on investments of up to $5,000.

15.0%

17.5%

32.5%

FEDERALTAX CREDIT

PROVINCIALTAX CREDIT

TOTALTAX CREDIT

+

R E D U C E Y O U R T A X E S

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.

Tax

Savi

ngs

Net Cash OutlayAfter Tax Savings

$1,725

Provincial Tax Credit(17.5%)$875

RRSP Tax Deferral

(33%) †

$1,650

Federal Tax Credit

(15%)$750 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).

* Venture investment portfolio (Diversified share class) at cost as at August 31, 2019.

SaskWorks’ diversification efforts have resulted in portfolios that are well-balanced among Saskatchewan’s key sectors. Since inception, the fund has remained focused on its mandate to invest in those industries driving Saskatchewan’s economy: manufacturing/industrials, value-added agriculture and energy, with an emphasis on management buy-out transactions.

SECTOR ALLOCATION OF DIVERSIFIED PORTFOLIO*

A Diversified Approach INVESTMENT* SECTOR

$4,640,000 Financials


$11,685,000 Industrials

FOLLOW-ON


$8,396,000 Energy

$2,860,000 Energy

$13,798,000 Energy FOLLOW

-ON

255 2nd AVE. NORTH PROPERTIES LTD.

■ Held in the Diversified share class (Class A) ■ Held in the Resources share class (Class R) ■ Held in both the Diversified and Resources share classes

P O R T F O L I O H O L D I N G SINVESTMENT* SECTOR

$4,774,000 Energy


$974,000 Financials

$206,000 Consumer Discretionary

$16,646,000 Energy


$14,795,000 Health Care

FOUNDATIONDEVELOPMENTS

Inve

stm

ent P

ortf

olio

* Venture Portfolio at August 31, 2019 at cost.

Ag Products & Services Alternative Energy Consumer Discretionary

Energy (E&P) Energy Midstream Energy ServicesIndustrials Other Real Estate

1.7%

13.9%

18.6%

2.8%

6.2%

15.7%

14.6%

16.5%Value-Added Agriculture

Alternative Energy

Consumer Discretionary

Energy (E&P)

Energy Midstream

Energy Services

Industrials

Other

Financials

10.1%

P O R T F O L I O H O L D I N G S

INVESTMENT* SECTOR


$6,000,000 Energy

$892,000 Value-Added Agriculture

$14,551,000 Value-Added Agriculture


$2,887,000 Consumer Discretionary

$5,492,000 Energy

INVESTMENT* SECTOR

$7,149,000 Value-Added Agriculture

$20,000 Financials

$2,484,000 Energy

$6,464,000 Energy

$43,425,000 Energy

FOLLOW-ON


$1,000,000 Energy

* Venture Portfolio at August 31, 2019 at cost.

INVESTMENT* SECTOR


NEW

$3,911,000 Alternative Energy

FOLLOW-ON

$5,296,000 Energy

FOLLOW-ON


INVESTMENT* SECTOR

$6,664,000 Information Technology

NEW


$194,000 Consumer Discretionary

$225,000 FinancialsYORKTERRA DEVELOPMENT LP

I N V E S T E E H I G H L I G H T: T H E W I R E L E S S A G E $3.75 million investment I May 2009

IM Wireless Communications Ltd., a SaskTel authorized dealer, is the parent company of The Wireless Age and The Wireless Source, providing cellular and telecommunications solutions, products and services across Saskatchewan with locations in Regina, Saskatoon, Martensville, Humboldt, Yorkton,

Esterhazy and Meadow Lake. The company has consistently grown its customer base and is constantly looking for different ways to add new revenue streams to the business model. Since our initial investment, revenue and EBITDA has grown significantly, providing strong, consistent cashflows to shareholders.

■ Held in the Diversified share class (Class A) ■ Held in the Resources share class (Class R) ■ Held in both the Diversified and Resources share classes

With the support of Saskatchewan’s investment community, SaskWorks has:*

* Since inception through August 31, 2019. ** Approved or disbursed. *** Aggregate of both share classes, including full and partial exits, since inception through August 31, 2019.

Consistent Performance

† As per Morningstar.ca as at August 31, 2019.

SECTORS Industrials Value-Added Agriculture Energy Consumer Discretionary Financials

CLASS A, SERIES A: CCP100, CCP102

CLASS A, SERIES F: CCP101Class A - Series A & Series F, as at August 30, 2019†

1.47%

3.72%

1 year 3 year 5 year 10 year

9.99%

12.76%

6.86%

–

5.15%

–

C L ASS A

SECTORS Energy Production Energy Services Mining Alternative

Energy Solutions

CLASS R, SERIES A: CCP200, CCP202

CLASS R, SERIES F: CCP201Class R - Series A & Series F, as at August 30, 2019†

0.36%

1.37%

(0.56%)

0.34%

(4.08%)

–

(0.99%)

–

CLASS R

1 year 3 year 5 year 10 yearSERIES

ASERIES

ASERIES

FSERIES

F

Perf

orm

ance

D O U B L E Y O U R T A X C R E D I T 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.

2x

Raised over $556 million

Invested $531 million**

Exited 82 companies for total proceeds of $493 million, representing a gain

to the fund of $243 million***

Made 259 investments across 123 diverse companies

For more information, or to purchase units of the Fund, please contact your Investment Advisor.

Visit www.saskworks.ca for more information.

3 WAYS TO INV E S T!

Lump Sum ContributionAn annual or semi-annual single payment

Pre-authorized ContributionYou choose your contribution amount and deduction frequency which is automatically deducted from your bank account

Payroll Investment PlanYour investment is automatically deducted off your paycheque and you receive the tax savings each payday

1

2

3

I N V E S T M E N T R I S K C O N S I D E R A T I O N SSaskWorks Venture Fund Inc. is a Labour-Sponsored Investment Fund. The offering is made by prospectus in Saskatchewan only, for provincial residents. An investment in the Fund is subject to substantial risk, share value and returns will fluctuate. Redemptions are dependent on net income and retained earnings, and may be restricted in certain circumstances.

It is important for all potential investors to consider all of the merits and risks of this investment. If redeemed prior to the eighth anniversary of purchase, you may be subject to an early redemption fee, and to repayment of tax credits. Commissions, trailing commissions, management fees and expenses all may be associated with Investment Funds. Investment Funds are not guaranteed, their values change frequently, and past performance may not be repeated.

R E A D O U R P R O S P E C T U SThis 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.iasecurities.ca). Investors should read the prospectus and consult an Investment Advisor before making an investment decision.

2nd Floor, Assiniboia Club Building, 1925 Victoria Avenue, Regina, SK S4P 0R3 Tel: 306.791.4833 • Fax: 306.791.4848 • Email: [email protected]

you’re at the age where you get excited about a 32.5% tax ... · yep. you’re at the age where...

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