Labour Sponsored Investment Funds (LSIFs)
Retail venture capital funds or labour sponsored investment funds offer investors long-term capital appreciation PLUS 30% available in tax credits.
Investors in LSIFs receive 30% in tax credits on the first $5,000 invested each year, in addition to their RRSP deduction if purchased inside an RRSP. The Federal and Ontario governments each offer up to $750 in tax credits, for combined total of $1,500 in tax savings each and every year. A $5,000 investment could cost as little as $1,105 for an investor in the highest tax bracket (47.9%).
Get independent thinking working for you!
Click here for information on how to open an account with us.
Tax Tip: An investment in an LSIF can provide you with up to $1,750 in tax credits.
About Venture Capital
Venture capital historically outperforms almost every other major asset class available to investors over the long run. If your investment objective is long-term capital appreciation, then consider a labour sponsored investment fund. Adding LSIF's to your portfolio offers long-term return potential through venture capital investing, an asset class which was previously only available to sophisticated institutional investors and the very wealthy.