Fonds de solidarité FTQ offers the FlexiFonds family of collective investment funds that can be held in REER+ accounts, giving Quebec investors up to a 30 % tax credit (capped at $1,500 per year) in addition to standard REER deductions. The funds are available in Prudent, Équilibré, and Croissance series, providing diversified exposure to Quebec‑based companies while supporting local economic development.
Funding
$77M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Individual investors in Quebec often lack accessible, tax‑advantaged collective investment products that both grow personal savings and contribute to the local economy. Traditional savings vehicles may not offer sufficient tax credits or flexible options for different risk profiles.
Solution
Fonds de solidarité FTQ provides the FlexiFonds family of collective investment funds, distributed through an AMF‑registered broker. Investors can purchase fund shares within a REER+ account to receive a combined federal and provincial tax credit of up to 30 % (capped at $1,500 per year) and the standard REER deduction. The funds are diversified across multiple sectors and risk levels (Prudent, Équilibré, Croissance), allowing savers to align investments with their objectives while supporting over 4,000 partner companies and more than $14.5 billion of development capital in Quebec. All products are presented with transparent prospectuses and are managed by the Fonds de solidarité FTQ, ensuring compliance and professional oversight.
Target Audience
The primary customers are individual Quebec residents seeking tax‑efficient retirement or savings solutions, including employees whose employers offer REER+ plans and private investors looking for diversified exposure to the province’s economy.
Features
- Tax‑credit‑eligible fund shares delivering up to 30 % credit (15 % federal, 15 % provincial) on eligible contributions
- Integration with REER+ accounts for combined tax‑deduction and credit benefits
- Multiple fund series (Prudent, Équilibré, Croissance) catering to conservative, balanced, and growth‑oriented investors
- Distribution exclusively by FlexiFonds de solidarité FTQ inc., an AMF‑registered collective savings broker
- Investment focus on Quebec‑based enterprises, supporting over 4,000 partner companies and generating $14.5 billion in development capital
- Transparent prospectus and fee disclosures, with no guarantee of principal and value subject to market fluctuations