Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

April 05, 2011 16:23 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - April 5, 2011) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2011 was $6.15, resulting in year-to-date and 12-month NAV returns of 1.8% and 25.0%, respectively. These compare with the 1.5% and 7.0% 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, 2011 was $4.15, resulting in year-to-date and 12-month market returns of 0.2% and 18.6%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of March 31, 2011 were as follows:

Canada 32.7%
United States 21.4%
Asia 18.0%
Europe 17.1%
Latin America 9.4%
Australia 1.4%

The top ten investments which comprised 37.9% of the investment portfolio at market as of March 31, 2011 were as follows:

Valeant Pharmaceuticals International, Inc. (Canada) 5.5%
Baidu, Inc. (China) 5.4%
Lojas Renner S.A. (Brazil) 3.8%
HDFC Bank Ltd. (India) 3.7%
Cash (Canada) 3.5%
Mahindra & Mahindra Limited (India) 3.4%
Gold Resource Corporation (United States) 3.2%
Deere & Company (United States) 3.2%
Petrofac Limited (United Kingdom) 3.1%
Apple Inc. (United States) 3.1%

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