Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

July 06, 2010 14:50 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - July 6, 2010) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2010 was $4.93, resulting in year-to-date and 12-month NAV returns of 5.6% and 30.4%, respectively. These compare with the -9.2% and -0.1% 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 June 30, 2010 was $3.16, resulting in year-to-date and 12-month market returns of -7.9% and 17.5%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of June 30, 2010 were as follows:

Canada 30.7%
United States 21.0%
Asia 18.3%
Europe 18.1%
Latin America 11.9%

The top ten investments which comprised 39.8% of the investment portfolio at market as of June 30, 2010 were as follows:

Lojas Renner S.A. (Brazil) 5.1%
Apple Inc. (United States) 4.8%
Baidu, Inc. (China) 4.5%
HDFC Bank Ltd. (India) 4.3%
Cash (Canada) 4.1%
Mahindra & Mahindra Limited (India) 4.0%
Biovail Corporation (Canada) 3.5%
Alliance Grain Traders, Inc. (Canada) 3.4%
Petrofac Limited (United Kingdom) 3.2%
Top Glove Corporation BHD (Malaysia) 2.9%

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