REGINA, June 9, 2017 /CNW/ - SaskWorks Venture Fund Inc. ("SaskWorks" or the "Fund") has announced that it has terminated its custodian relationship with CIBC Mellon Global Securities Services Company and signed a Custodian Agreement with Concentra Trust. The Fund will commence using Concentra Trust's services in June 2017.
As part of the custodial relationship with Concentra Trust, the Fund also signed a Tax Credit Agreement with Concentra Trust and the Province of Saskatchewan.
SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund that invests in small- and medium-sized private businesses. Established in 2001, SaskWorks has more than 28,270 shareholders and over $436 million in assets under management.
SOURCE SaskWorks Venture Fund Inc.
For further information: please contact SaskWorks' investor relations team at (306) 791-2113