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hile mutual funds are generally designed to reward investors in the long run, there‘s an investment fund that gives you an immediate tax advantage. Working Ventures Canadian Fund gives you a 40% headstart over just about every other T fund in Canada. l Here‘s 2 Now, you can take advantage of a unique investment fund â€" Working Ventures Canadian Fund â€" that could permit you to reduce this year‘s taxes by $4,500! That‘s 40%‘ more than the tax benefit of just about every other RRSP in Canada. You receive $2,000 in tax credits* by investing Your Net Cost $5,000 in Working Ventures Canadian Fund. Your Total Tax Sa The fact that Working Ventures shares are also eligible for an RRSP means further tax breaks. For instance, if you are in a 50% marginal tax bracket, a $5,000 contribution to an RRSP would reduce your taxes by a further $2,500, for a total of $4,500 ($2,000 + $2,500) in tax savings*. § Your investment will primarily be reinvested in promising, growthâ€" oriented small and medium size businesses in your province. Key to the performarllce of the fund is the expertise and experience of its management team headed by Ron Begg, President. His track record of success combines senior corporate management disciplines with the handsâ€"on companyâ€"building skills of a successful entrepreneur. This complements well the investment and finance background of Jim Hall, Viceâ€"President Investments. Jim has solid professional credentials from public accounting and merchant banking, and a record of originating and managing successful investments._Jim offers a prudent, disciplined and seasoned approach to the development of a strong, diversified investment portfolio. The Power Of Working Ventures Canadian Fund Save an Extt‘a 40% in taxes on your RRSP contribution this year Experience That Counts Discover How Working Ventures Can Work For You WORKING VENTURES CANADIAN FUND INC. Here‘s an example: Investment in Working Ventures _ $5,000 Tax Savings â€" $2,500 â€" RRSP tax deduction (at 50% assumed tax rate) Federal Tax Credit (20%) â€" $1,000 Provincial Tax Credit* (20% where applicable) â€" $1,000 Your Net Cost $500 Your Total Tax Savings $4,500 e na t 83 d 9 Working Ventures‘ objective is to produce the superior returns traditionally associated with investment in dynamic and growing businesses, while minimizing risk through prudent _____â€"â€"â€"â€"â€"4 _ development and management of the fund. Participation in Working Ventures should be considered as a long term investment. However, you may redeem (cash in) your Working Ventures shares subject to certain conditions. If you redeem your shares within 5 years of purchase, you will be required to return your tax credits to the federal and provincial governments (some exceptions apply). Working Ventures may restrict total redemptions to 20% of total assets of the fund in any one year. A fee of 3/4 of 1% of redemption value will be charged for each year shares are held short of 8 years. Due to the current economic environment, Working Ventures is in an ideal situation, prepared to take advantage of investments in underâ€" valued businesses and positioned to profit as the economy turms around. And, while a majority of the fund‘s assets will be invested in enterprising businesses to maximize return potential, risk is tempered by investing a portion of assets in shortâ€"term, high quality government securities Important information about this investment fund is contained in its prospectus. Obtain a copy from a securities dealer duly qualified and licensed to distribute these securities and read it carefully before investing. Share value and investment return will Auctuate. "The extra provincial tax credits are available to investors resident in Ontario, Prince Edward Island and New Brunswick. First published October 1993 For more information, please call: ANDY BLANCHARD FINANCIAL CONCEPT SECURITIES 22 Lakeshore Rd. West Oakville, Ontario Tel: (905)338â€"8600 Investment Objective Private equity investing involves certain risks that are not encountered with many other investments. Although Working Ventures provides you with a tax credit to help offset those risks, it cannot guarantee that its investments will earn a specified rate of return, or any return, in the short or long term. In addition, a private equity investment involves a longer term commitment. Poised For Growth w# d a @3 5 Help make your office environmentally friendly re you looking for ways to make your office more enviâ€" onmentally friendly? For a start, why not convince your coâ€"workâ€" ers to photocopy on both sides of the paper? You‘ll be reducing the amount of paper you use and you‘ll have taken the first step to "greening" your office. But in the grand scheme of things, will it really matter? Will a few less sheets of paper make any real dent in the world‘s colossal wasteâ€"paper probâ€" lem? You bet, says Environment Action by individuals cannot be underestimated, says the department, because individuals are now acting together. Most Canadians are, in fact, environmentally conscious, and will take action if given the information on how to do it. There are some relatively easy things you can do to make your office environmentally friendly. In the proâ€" cess, you‘ll save money. YOUR MORNING COFFEE * Buy a mug. Disposable cups are a ridiculous waste. * In fact get rid of all disposables, including throwâ€"away dishes and cutâ€" lery. * "Green" the machine. Your coffee machine should have a reusable metal or canvas filter. And fill it from bulk packages of coffee, instead of buying a bunch of small, wasteful packages. * Buy condiments in bulk. This eliminates the need for wasteful sinâ€" gleâ€"serving packages. DOWN TO PAPER WORK Because of our seemingly endless forests, we often take paper for grantâ€" ed at the office. But forests are a limitâ€" ed resource, and the paper we toss ends up somewhere; usually in garbage dumps, which are being choked to their limits. In countless ways around the office, you can help take the paper pressure off our environment â€" and save money in the process. * Reuse envelopes and computer paper, and use the back of memos, letâ€" ters and reports you receive for fax cover sheets, or as note paper. * Order in bulk. This reduces packâ€" aging waste. * Reâ€"ink computer carmdges DURING LUNCH _ _ * Use a microwave. It needs only 4 3 id a d a a < dvbpdvnvlla_xfiggvvan!Ivii * Photocopy on both sides. If your copier can‘t print on both sides, the copier company can probably give it that capability. Also ensure that the copier is maintained in good order, since this saves paper. And try to recyâ€" cle the chemical containers. * Recyle. Start recyling programs for glass, tin and newspapers, perhaps in cooperation with other offices or with your municipality. * Buy recycled paper. This helps support a market for your recycling * Edit onâ€"screen. This means you‘ll print fewer drafts. Also, learn how to use your software for aborting print jobs, and for printing single sheets. * Ban nonâ€"recyclables. For examâ€" ple: sticky notes, manila folders with plastic tabs, and windowed envelopes. * Communicate with less paper. Memos waste a lot of paper. Instead, print only the memo and tack it on a central notice board. Other tips: â€"send by bicycleâ€"courier instead of carâ€" courier. â€" fax instead of sending by courier. â€" call instead of faxing. * Donate documents. Give your old reports, maps and office supplies to libraries, universities, publlc-lnterest groups, dayâ€"care centres, and seniors‘ homes. WASTE NOT WHILE YOU WORK «* Buy reusable supplies. For examâ€" ple: â€" paper clips vs. staples â€" tacks vs: tape â€" reusable binders vs. plastic spines