Class I (GOF 503) Share Price $10.49 (as of May 22, 2015)
Class R (GOF 505) Share Price $10.00 (as of May 22, 2015)
Another Piece of Your Retirement Savings!
Saving for retirement is made easy through the Golden Opportunities Fund Payroll Investment Plan. When you join Golden Opportunities Fund's Payroll Investment Plan you can invest regularly while receiving immediate tax savings on every paycheque. For example,
*By combining the provincial and federal tax credits with the RRSP tax savings attached to the Fund, a biweekly contribution of $67 can result in a $5,000 investment every year. Based on an annual RRSP investment, 26 pay periods per year, basic personal tax exemptions and a marginal tax rate of 35% (minimum taxable income of $43,954). Amount will vary according to your tax bracket. The Federal Government’s 15% tax credit will be phased out by 2017. 30% in tax credits applies to your 2015 income tax filing and 25% in tax credits applies to your 2016 income tax filing.
If you multiply this investment over the course of many years, you can see how effective this method can be.
Employee Payroll Plan Brochure (January 2015)
Employer Voluntary Investment Plan Brochure (March 2015)
Payroll Investment Plan Calculator
Use the following Payroll Calculator to calculate your personal net cost per pay period if you made an investment into the Fund.
Here's how Golden Opportunities Fund makes it work for you.
If you join the Golden Opportunities Fund Payroll Investment Plan, and are eligible for RRSP contributions, you can take advantage of this program. When you invest in Golden Opportunities Fund, you are eligible for 30% combined Federal and Provincial tax credits, plus you are entitled to all the benefits of a regular RRSP tax saving plan. Usually you would receive all of these savings when you file your taxes, but Golden Opportunities Fund's Payroll Investment Plan allows you to receive these savings each pay period through immediate tax savings!
1. Have your licensed Investment Advisor and your employer contact Golden Opportunities Fund in order to prepare and document the taxes to be deducted at source.
Required forms include:
2. Your employer forwards your investment directly to Golden Opportunities Fund each pay period.
3. At the same time, your RRSP deduction and 30% tax credits (10% Federal, 20% Provincial) are applied directly to your earnings, in the form of lower tax deductions while you contribute regularly into your RRSP working to achieve your goals.
SOLD BY PROSPECTUS ONLY. Please read the Prospectus, which contains important detailed information, before investing. A free copy is available from your Financial Advisor or the Principal Distributor, National Bank Financial Inc., a Member of the Canadian Investor Protection Fund, at info.nbfinancial.com. Commissions, trailing commissions, management fees and expenses all may be associated with Retail Venture Capital (RVC) Fund investments which may not be suitable for all investors. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. RVCs are not guaranteed, their values change frequently and past performance may not be repeated. Tax credits are available to eligible investors on investments up to $5,000 annually, provided that the shares are held for at least eight years from the date of purchase. The Federal Government’s 15% tax credit will be phased out by 2017. 30% in tax credits applies to your 2015 income tax filing and 25% in tax credits applies to your 2016 income tax filing. Redemption restrictions may apply.