Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

April 06, 2010 17:04 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - April 6, 2010) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2010 was $4.92, resulting in year-to-date and 12-month NAV returns of 5.4% and 63.5%, respectively. These compare with the -0.4% and 22.6% returns of the benchmark Morgan Stanley Capital International All Country World Index, in Canadian dollar terms, for the same periods.

The closing price for CWF's common shares at March 31, 2010 was $3.50, resulting in year-to-date and 12-month market returns of 2.0% and 42.3%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of March 31, 2010 were as follows:

Canada 31.7%
United States 21.5%
Europe 19.0%
Asia 16.6%
Latin America 11.2%

The top ten investments which comprised 38.3% of the investment portfolio at market as of March 31, 2010 were as follows:

Petrominerales Ltd. (Canada) 5.0%
Apple Inc. (United States) 4.7%
Alliance Grain Traders, Inc. (Canada) 4.2%
Lojas Renner S.A. (Brazil) 4.1%
HDFC Bank Ltd. (India) 4.0%
Baidu, Inc. (China) 3.8%
Mahindra & Mahindra Limited (India) 3.4%
East Asia Minerals Corporation (Canada) 3.2%
Petrofac Limited (United Kingdom) 3.1%
Top Glove Corporation BHD (Malaysia) 2.8%

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