Tax Credit

30% Fully Refundable Tax Credit

Pender VCC Fund shares are 100 percent RRSP, RRIF and LIRA eligible. You will receive a 30 percent refundable tax credit on your investment of up to $200,000. You may use existing funds in registered accounts to buy Pender VCC Fund shares and receive up to $60,000 of cash-back tax credits each year

Combining an investment in Pender Growth Fund with your RRSP contribution is an excellent way to diversify your portfolio and maximize your tax savings. Many of our investors have used their 30% tax credit to pay down their mortgage, make significant purchases, invest in their children's education or pay for other investments.

These powerful tax incentives make Pender Growth Fund an attractive investment choice for a range of BC taxpayers that includes investors with substantial RRSP assets as well as individuals with high taxable income.

The tax savings associated with RRSP contributions is dependent on the taxable income of the investor. Examples of tax savings from RRSP deductions used herein are not representative of the tax savings which will be applicable to all investors.