Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

May 04, 2011 10:18 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - May 4, 2011) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at April 30, 2011 was $6.34, resulting in year-to-date and 12-month NAV returns of 5.0% and 23.8%, respectively. These compare with the 2.9% and 8.9% 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 April 30, 2011 was $4.17, resulting in year-to-date and 12-month market returns of 0.7% and 26.0%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of April 30, 2011 were as follows:

Canada32.6%
United States21.0%
Asia18.4%
Europe17.4%
Latin America9.4%
Australia1.2%

The top ten investments which comprised 39.0% of the investment portfolio at market as of April 30, 2011 were as follows:

Baidu, Inc. (China)5.5%
Valeant Pharmaceuticals International, Inc. (Canada)5.4%
Lojas Renner S.A. (Brazil)4.1%
Cash (Canada)3.6%
HDFC Bank Ltd. (India)3.6%
Equinox Minerals Limited (Canada)3.5%
Mahindra & Mahindra Limited (India)3.5%
Gold Resource Corporation (United States)3.4%
Blinkx plc (United Kingdom)3.3%
Petrofac Limited (United Kingdom)3.1%

Contact Information