INVESTING IN SASKATCHEWAN WORKS DIVERSIFY YOUR PORTFOLIO 35 % TAX CREDIT RRSP-ELIGIBLE

Transcription

1 INVESTING IN SASKATCHEWAN WORKS DIVERSIFY YOUR PORTFOLIO 35 % TAX CREDIT RRSP-ELIGIBLE

2 IN V EST IN S A SK AT CHE WA N SaskWorks Venture Fund is a Saskatchewan-based Labour-Sponsored Investment 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. IN 2013, SASKWORKS: Raised 55 million, becoming fully-subscribed for the third consecutive year* DIV ERSIF Y OR ENERGIZE REDUCE YOUR TAXES In addition to an RSP deferral, investments in Labour-Sponsored Investment Funds are eligible to receive a 20% Provincial tax credit and a 15% Federal tax credit on investments of up to 5,000 annually. This means that you could have a 5,000 investment in SaskWorks for a net cash outlay of only 1,050! CLASS 1 year * Sales year ending March 31, ** Since inception through September 30, *** Aggregate of both share classes, including full and partial exits since inception through September 30, year 5 year 10 year 4.61% 3.44% 3.27% 3.86% As at September 30, 2013* Grew to have more than 26,500 shareholders SINCE INCEPTION**, THE FUND HAS: Raised over million and approved for investment more than 305 million Made 201 investments in 94 companies Exited 49 companies for total proceeds of over 200 million*** Net Cash Outlay After Tax Savings 1,050 In their 2013 budget, the Federal Government proposed a staged phase-out of their tax credit participation. Beginning in 2015, the Federal LSVCC tax credit will decrease by 5% each year until it is eliminated in Assumes a 5,000 RRSP investment with a marginal tax bracket of 44% (135, and up). 1 year 3 year 5 year Inception (1.32%) 0.65% 2.89% 4.71% As at September 30, 2013* A KEY S V alue-added Agriculture M anufacturing CLASS RRSP Tax Deferral 2,200 Largest Saskatchewan Labour-Sponsored Investment Federal Tax Credit 750 Provincial Tax Credit 1,000 COMPETITIVE PERFORMANCE SaskWorks offers two focused share classes to help our shareholders meet their individual investment goals. A-R KEY S M ining Alternative Energy Solutions * As per GlobeFund.com as at September 30, The Globe and Mail Inc. All Rights Reserved. Fund (LSIF) by Assets Under Management* Top Performing Saskatchewan LSIF in 2013 for the eighth consecutive year based on three year, five year, and since inception returns* Top Selling Saskatchewan LSIF in 2013 for the sixth consecutive year INVEST TODAY SaskWorks annual fundraising limit has been decreased from 55 million to 40 million for the 2013/2014 tax year. Given that the fund has sold out in advance of the March 1st RRSP deadline each year since 2010, it is recommended that investors contribute to SaskWorks as early as possible.

3 SASKWORKS INVESTEES INVESTMENT * INVESTMENT * INVESTMENT * INVESTMENT* Telecommunications 839,000 3,380,000 7,479,000 3,800,000 AGCO AG VENTURES 20,000,000 2,502,000 4,487,000 5,266,000 AVALON OIL & GAS LTD. 7,700,000 Industrials 648,000 Industrials 6,474,000 1,595,000 BlackPearl Resources Inc. 762,000 4,148,000 13,650,000 Staples 1,860,000 5,046,000 DEVERAUX HEIGHTS DEVELOPMENTS LTD. 2,190,000 Industrials 25,000 Pharmaceuticals 3,468,000 CAMCO PLUMBING, HEATING & AC Industrials 1,600,000 1,170,000 Industrials 1,684,000 Industrials 3,730,000 3,591,000 3,045,000 LONG RUN EXPLORATION LTD. 3,125,000 Industrials 1,833,000 Industrials 2,500, ,000 Industrials 12,461,000 Financials 500,000 Held in the Diversified share class (Class A) Held in the Resources share class (Class A-R) Held in both the Diversified and Resources share classes (Class A-R) * Venture portfolio as at September 30, 2013 by dollars approved for investment.

4 SASKWORKS INVESTEES A WELL-POSITIONED PORTFOLIO INVESTMENT * INVESTMENT * STRONG DEAL FLOW 2013 EXITS (November 1, September 30, 2013) STAMPEDE DRILLING 7,204,000 3,739,000 3,911,000 2,989,000 Dollars Approved for Investment (in millions) In aggregate, SaskWorks has approved for investment more dollars than were raised through sales since STERLING MANOR CORPORATION 15,727,000 2,217,000 Alternative Energy 4,582,000 1,000,000 4,830,000 YORKTERRA DEVELOPMENT LP 2,783,000 Industrials 2,365,000 Telecom 289,000 1,355,000 Millions Dollars Raised (Total : M) Dollars Approved (Total : 204.5M) Retail Energy Industrials Held in the Diversified share class (Class A) Held in the Resources share class (Class A-R) Held in both the Diversified and Resources share classes (Class A-R) * Venture portfolio as at September 30, 2013 by dollars approved for investment. 10 Cost THIS YEAR ** SINCE INCEPTION ** 34.9 Million Million ABOUT THE ARTIST Gordon Lewis, Harvest Time Acrylic on Canvas, 36 x 60, 2012 Born in Regina, Saskatchewan, Gordon Lewis studied art at the University of Regina under renowned Canadian artists Ted Godwin, Jack Cowin and Jack Sures. He graduated with a Bachelors degree in art and economics. After a 27-year career with Environment Canada, Gordon retired in 2002 and began painting full-time. Primarily a landscape painter, Gordon s work reflects his prairie roots. He remarks, Landscape inspires and informs the images I paint, which is natural considering my years spent working with Environment Canada and my continuing love of outdoor pursuits. The interaction between the ever-changing sky and the landscape of Saskatchewan s vast area provide a constant source of fascination and inspiration for my paintings * * November 1, 2012 September 30, Proceeds Gain 47.3 Million Million 12.5 Million 79.3 Million ** Exits are an aggregate of both share classes as at September 30, 2013

5 INVESTMENT RISK CONSIDERATIONS SaskWorks 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. 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, MGI Securities Inc. ( Investors should read the prospectus and consult an Investment Advisor before making an investment decision. For more information, or to purchase units of the Fund, please contact your Investment Advisor.