How will US tariffs impact my savings?

Why should I keep saving with the Fonds and with FlexiFonds products despite the uncertain economic climate?

In this climate of economic uncertainty, your savings with the Fonds have never been more important for Québec. The Fonds is the largest development capital investment network in Québec. When you save for your retirement with the Fonds, your money is invested primarily in Québec companies operating in a wide range of sectors across all regions of the province. Thus, your savings stimulate wealth creation right here in Québec.

FlexiFonds funds target an asset mix with 70% of assets related to the Québec economy. Of this percentage, each fund aims to invest 30% of its assets in Fonds de solidarité FTQ shares. This asset mix supports our mission and our local economy while offering a degree of stability in uncertain times.

What should I do if I'm worried about my savings? (Fonds and FlexiFonds)

When the markets are down, the most important thing is to avoid letting your emotions dictate your financial decisions. Try to think rationally and remember that decisions made in the wake of a sharp downturn may cost you in the long run. In a bear market, selling often means taking a loss. Our FlexiFonds mutual fund advisors are just a phone call away and can help you manage your FlexiFonds investments. With their advice and expertise, you can avoid making choices that will cost you more than you think.

Will I still be eligible for tax credits if I make a redemption request?

If you withdraw all or part of your savings from the Fonds in anticipation of retirement, you will no longer be eligible for the 30% in tax credits for the year of withdrawal. Keep in mind that this represents an additional tax savings of up to $1,500 per year until the end of the tax year in which you turn 64.