| Investment Services
Mutual Funds
A Mutual Fund Investment Specialist at Churchbridge Credit Union provides mutual fund services through Credential Asset Management Inc. as they are the mutual fund dealer. This way, credit union members have access to hundreds of the top performing mutual funds available on the market today. Mutual Funds are also available for investing inside an RRSP’s, RESPs and other government plans, including the TFSA’s.
On Line Trading:
On line trading services are available through Credential Direct®.
Labour Sponsored Venture Capital Corporations (LSVCC’s)
LSVCC’s are another type of mutual fund. They are government approved corporations designed to encourage investment into private, small and medium sized businesses. When purchased through an RRSP working ventures offer a 35% tax credit (15% Federal and 20% Provincial) on the amount invested to a maximum investment of $5,000.00 annually.
For more information on LSVCC’s for Saskatchewan residents, see the following links
For further information about Mutual Funds contact a Credential Asset Management Mutual Funds Investment Specialist at Churchbridge Credit Union.
These products are not included in the guarantee of deposits provided by Credit Union Deposit Guarantee Corporation.
Mutual funds are offered through Credential Asset Management Inc. On-line brokerage is offered through Credential Direct® a division of Credential Securities Inc. operating as a separate business unit. Golden Opportunities Fund Inc. and SaskWorks venture Fund Inc. offer 35% tax credit to residents of SK. Tax credits are available to investors provided that the shares are held for at least 8 years from the date of purchase. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual funds and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. Credential Securities Inc. is a Member-CIPF. ®Credential and Credential Direct are registered marks owned by Credential Financial Inc. and are used under licence.
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