FOND DE SOLIDARITÉ JANVIER 2021

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Vous lisez ce: Fond de solidarité janvier 2021


Highlights ont at November 30, 2020:

12-month return du 6.3% 6-month return of 11,0% Share worth at $49.11 (up $4.87 since june 30, 2020 and $2.91 due to the fact that December 31, 2019) 6-month comprehensive income (profit) de $1.6 billion réseau assets grow to $15.6 billion

MONTRÉAL, Dec. 31, 2020 /CNW Telbec/ - For the life six months ns its gaue won 2020-2021 year, thé Fonds de solidarité FTQ posted substantial income (profit) du $1.6 billion for the benefit of its over 700,000 savers. Share value is currently $49.11, representing a shareholder return du 11.0% parce que le the 6-month period ended November 30, 2020 et a 12-month return du 6.3%. Rapporter assets grew to $15.6 billion.

The Fonds" compound yearly shareholder return (excluding taxes credits) is 6.3% parce que le 1 year, 7.7% for 3 years, 7.9% à la 5 years et 7.0% for 10 years.


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Gaetan Morin, President and Chief executive Officer, Fonds de solidarité FTQ. (CNW Group/Fonds aux solidarité FTQ) (CNW Group/Fonds ns solidarité FTQ)

"While some sectors of our economic climate are recovering from thé consequences du the pandemic, others are toujours struggling. The start de the vaccin campaign in December offers hope à la a broad-based concis recovery, and especially à la the employees affected," stated Gaétan Morin, President et CEO de the Fonds du solidarité FTQ.

"True à its mission, thé Fonds de solidarité FTQ has been there from the beginning de the situation to faire un don its savers and partner companies. Now an ext than ever, our employees and local representatives are working hard to meet everyone"s needs and contribute to thé vitality of all the regions de Québec," continued Mr. Morin.

Investments in the sapin half du the year

In the first six months de its jae won year, the fonds continued venir invest venir enable Québec service providers to meilleur prepare pour the future, particularly in terms ns technology and environmental transitions.

As part ns a nouveau co-investment partnership through EDC, the fonds invested in Omnirobotic, a start-up specializing in autonomous robots à la the production sector. The two organizations additionally invested together in NoviFlow, a world dirigeants in high-performance cybersecurity et programmable network software program solutions.

Together with the fonds régionaux ns solidarité FTQ Québec, the milieu also invested in Québec"s top manufacturer of engineered hardwood flooring, Preverco, allowing auto family entreprises to improve its automation processes par acquiring advanced robots. As a result ns this innovation, Preverco continuellement to set itself à part in auto industry and increase sales both in Québec and abroad.

To aid fight climate change, the fonds invested in GHGSat, a Montréal-based company and world dirigeants in greenhouse gas monitoring par high-resolution satellite, and in AddÉnergie, a charging network operator for électrique vehicles et a diriger provider du smart charging software and equipment.

"As this unprecedented year comes to a close, je would like to thank ours savers à la supporting our mission. Thanks à them, auto Fonds continues to actively invest in businesses throughout Québec, not seul to assist them get through auto crisis but also venir help lock prepare à la the future. Ns salute the courage and determination of lentrepreneur who continue to relocate Québec forward," break up Mr. Morin.

Consequences of a re-superstructure buyback on the émergence eligibility à la tax credits

In response to questions from shareholders received in recent months, the fonds would like to remind shareholders de the tax rules governing eligibility parce que le tax credits adhering to a partial or total re-superstructure redemption under bien sur criteria.

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To encourager workers à save parce que le retirement et to faire un don jobs and economic development, thé governments du Québec and Canada each grant a 15% tax credit to savers who purchase class A shares du the Fonds. Taxes credits space capped at $1,500 revenir fiscal year, which represents a $5,000 purchase of shares.

As noted in the qui appartiennent legislation et set out in auto Short kind Prospectus (section 8.1, page 16 et Schedule 1, à côté de 24), shareholders deserve to no plus long benefit from thé tax credits connected with the procurer of milieu shares complying with a partial or total redemption ns shares made under the criteria related venir retirement and disability result in règlement unfitness parce que le work.

For more informations in this regard, see the Short type Prospectus.

Shareholders are eventually responsible parce que le determining thé tax un tube of a redemption et ensuring the their contributions to the Fonds du solidarité FTQ space eligible à la tax credits et RRSP deductions based nous their imposition status.

For more informations on auto consequences de a share redemption on émergence eligibility for tax credits, shareholders may la communication Saving service from Monday venir Friday, 8:30 a.m. à 6:00 p.m. At 1 800 567-3663 (toll free).

Share issue for 2020-2021

As has actually been the des boites in the past, in order venir maintain a balanced entreprise model, auto Fonds du solidarité FTQ may oui to arrêter issuing share during the financial year.

In together a case, the milieu will sortir a press release explaining the conditions of thé share issue cap.

About the Fonds aux solidarité FTQ

The Fonds ns solidarité FTQ invests à build a meilleur society de channelling the savings de its over 700,000 shareholders right into development and risk capital investments venir help Québec transition à a green economy, à a human-centred world ns work, and to a healthy society. The fonds offers companies unsecured financing et strategic support. V $15.6 billion in rapporter assets ont at November 30, 2020, the milieu has supported much more than 3,300 companion companies and over 220,000 jobs. à la more information, visit fondsftq.com.

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Please read auto prospectus antérieur à buying shares de the Fonds du solidarité FTQ. Copies of the prospectus pouvez be obtained nous the Website fondsftq.com, from a locale representative or at thé offices of the Fonds ns solidarité FTQ. Auto indicated rates ns return are auto historical annual compounded total rapport including changes in share value et reinvestment of tous dividends and do not take into account income taxes payable by any protection holder that would have reduced returns. The shares of the Fonds de solidarité FTQ room not guaranteed, their worth changes and past performance may not it is in repeated.

SOURCE Fonds aux solidarité FTQ

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