Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

January 06, 2011 15:06 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - Jan. 6, 2011) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2010 was $6.04, resulting in a one-year NAV return of 29.3%. This compares with the 4.9% return of the benchmark Morgan Stanley Capital International All Country World Index, in Canadian dollar terms, for the same period.

The closing price for CWF's common shares at December 31, 2010 was $4.14, resulting in an annual market return of 20.7%.

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

  Canada 26.9%
  United States 21.4%
  Asia 20.7%
  Europe 17.2%
  Latin America 10.2%
  Australia 3.6%

The top ten investments which comprised 37.4% of the investment portfolio at market as of December 31, 2010 were as follows:

  Baidu, Inc. (China) 4.9%
  Apple Inc. (United States) 4.7%
  Lojas Renner S.A. (Brazil) 4.1%
  Mahindra & Mahindra Limited (India) 4.0%
  HDFC Bank Ltd. (India) 3.8%
  Gold Resource Corporation (United States) 3.7%
  Petrofac Limited (United Kingdom) 3.4%
  Valeant Pharmaceuticals International, Inc. (Canada) 3.2%
  Deere & Company (United States) 2.8%
  East Asia Minerals Corporation (Canada) 2.8%

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