Why Invest in Golden Opportunities Fund
Save Tax
Make your money work harder! Re-direct the dollars you would have paid in taxes to an investment for yourself. Not only will you receive 100% RRSP benefits if you invest in an RRSP account but you’ll also receive an extra 32.5% in tax credits on your investment which lowers your tax bill regardless of your income level.
As long as you have taxable income and CRA collects federal and Saskatchewan income taxes from you, Golden Opportunities Fund tax credits will be of benefit to you.
Local Impact
Founded over 25 years ago, Golden Opportunities Fund is Saskatchewan’s first Provincial Retail Venture Capital Fund that invests in Saskatchewan companies. You receive a 32.5% tax credit when you invest in Golden Opportunities Fund and can maximize your tax savings with a variety of investment strategies.*
*Golden Opportunities Fund economic impact estimate completed by Saskatoon Regional Economic Development Authority (SREDA) – Sept. 2018
100% RRSP Eligible
When you invest in an RRSP account, you will receive RRSP benefits based on your income tax bracket, and additional 32.5% in tax credits.
You can even transfer from existing RRSP investments into Golden Opportunities Fund to receive the additional 32.5% in tax credits with no new money invested out of your pocket.
Access to Private Equity
Golden Opportunities Fund’s portfolio is invested in established companies with the majority having been in business for decades.
This type of portfolio is called Private Equity and is an asset class normally reserved for high-net-worth and institutional investors, but with an investment in the Golden Opportunities Fund, you can access these investments for your portfolio too.
Golden Opportunities: Our Story
Golden Opportunities started over 25 years ago as a local Retail Venture Capital (RVC) Fund for Saskatchewan people to invest at home. Golden Opportunities is your local investment opportunity.
Receive regular RRSP savings PLUS 32.5% in tax credits on your investment. Your money is invested at home so you can make a positive impact on your Province and help build the local economy.
For more information on Golden Opportunities Fund, please visit GoldenOpportunities.ca
GOLDEN OPPORTUNITIES MANAGES MONEY,
BUT INVESTS IN PEOPLE
Golden Opportunities invests in homegrown companies and keeps them locally owned right here in our province. There is pride in being from the prairies and keeping these companies and jobs local. Below are samples of companies you will be investing in.
The Fund’s longest-standing and largest share class invested in a wide range of industry sectors including manufacturing, agriculture, construction, healthcare, technology and infrastructure.
The Diversified Class A-share focuses on Private Equity investments. This is an asset class normally reserved for high-net-worth and institutional investors – but with an investment in the Golden Opportunities Fund – you can access these investments for your portfolio too. These are well established local companies with proven business models, strong cash flow, and aligned management teams with their capital invested right alongside yours.
The Diversified Class A-share has a medium risk profile.
Interested in companies that are bringing new ideas and technology to market? The Innovation Class i-share invests in companies that are solving some of the world’s most important problems across a wide range of industries including food production, technology, manufacturing, and mental health.
The Innovation Class i-share invests in local companies that are mature and have been in business for a long time as well as companies in the early stages of their development.
The Innovation Class i-share has a medium risk profile.
Featured Portfolio
Manufacturing & Processing
5 Decades
A third-generation, leading metal recycler with eight locations across Western Canada and a reputation for industry-leading reliability, exceptional service and strong community involvement.
Locations: Saskatchewan & Alberta
Technology
7 Decades
One of Canada’s top IT service providers delivering world class technology solutions to the public and private sector.
Locations: Saskatchewan, Manitoba, Albert & British Columbia
Agriculture
2 Decades
Canada’s largest independent agriculture equipment dealer and largest dealer of Case New Holland agriculture equipment in the Canadian Prairies.
Locations: 45 across Saskatechewan, Manitoba & Alberta
Agriculture
6 Decades
Over 60 years of innovating and manufacturing agriculture and industrial equipment for the global market.
Location: Regina
Value-Added Processing
7 Decades
A fourth-generation, consumer-packaged meat company offering quality products available in most major grocery chains across Western Canada including Costco, Federated Co-op stores, Loblaws, Walmart, Sobeys and Save-On-Foods.
Locations: 2 across Saskatchewan
Building Supplies & Construction
4 Decades
A leader in the building supply industry in Saskatchewan that operates across diverse sectors of the home building and renovation industry with the following divisions: Warman Home Centre, Warman Homes, Warman Truss, Warman Metals, Warman Cabinets and Warman Renovations.
Location: Saskatchewan
Technology
Formerly iQmetrix Global, is an ecosystem of networked companies, including iQmetrix, Ready and Shiftlab, that develop Software as a Service (SaaS) solutions and also the Fund’s third investment with this founding team.
Locations: Saskatchewan, Manitoba & British Columbia
Value Added Processing
A local, established consumer packaged foods brand known for its healthy nack products. The company’s products are all locally sourced, including proprietary roasting technology completed in Saskatchewan, and sold online through Amazon’s platform, and in over 5,300 retailers across North America.
Location: Saskatchewan
Healthcare
Saskatchewan’s largest private provider of long-term care homes providing levels 1 to 4 care to residents with homes located in six locations across Saskatchewan.
Locations: 6 across Saskatchewan
VIEW THE FULL PORTFOLIO
Visit the Golden Opportunities website to see the full list of the portfolio companies that you get to be a part of.
What You Need To Know
You can purchase Golden Opportunities Fund as an RRSP, LIRA (locked in assets) or a personal non-RRSP account, but not in a Tax-Free Savings Account.
Your investment in Golden Opportunities Fund is completely liquid, you can redeem at any time, however, if you redeem within 8 years of purchasing the Fund works like a typical mutual fund and you will have to repay the additional 32.5% tax credits you received when you purchased. The amount of these tax credits will be withheld from proceeds of any early redemption.
You have options when your investment matures after 8 years:
- Rollover/re-invest for an additional 32.5% in tax credits with no new money invested which will restart the 8-year maturity period.
- Leave your money invested in Golden Opportunities Fund’s portfolio of local companies.
- Redeem and transfer to another investment.
- Redeem the proceeds and spend the money, note that if you take your money out of your RRSP there will be tax implications.
Golden Opportunities Fund is a Retail Venture Capital (RVC) Fund investment. RVCs are not guaranteed, their values change frequently, and past performance may not be repeated.