Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

June 05, 2013 16:25 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwired - June 5, 2013) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2013 was $5.81, resulting in year-to-date and 12-month NAV returns of 9.0% and 17.8%, respectively. These compare with the 12.3% and 23.1% 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 May 31, 2013 was $3.61, resulting in year-to-date and 12-month market returns of 4.6% and 10.4%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of May 31, 2013 were as follows:

United States 28.4 %
Canada 26.1 %
Asia 19.1 %
Europe 18.6 %
Latin America 6.2 %
Australia 1.6 %

The top ten investments which comprised 43.7% of the investment portfolio at market as of May 31, 2013 were as follows:

Galaxy Entertainment Group Limited (Hong Kong) 6.0 %
Cash (Canada) 5.4 %
Valeant Pharmaceuticals International, Inc. (Canada) 5.0 %
HDFC Bank Ltd. (India) 5.0 %
Blinkx plc (United Kingdom) 5.0 %
Mahindra & Mahindra Limited (India) 4.2 %
International Business Machines Corporation (United States) 3.6 %
Apple Inc. (United States) 3.3 %
Deere & Company (United States) 3.2 %
Petrofac Limited (United Kingdom) 3.0 %

Contact Information