TORONTO, CANADA--(Marketwire - July 6, 2011) - Canadian World Fund Limited CWF (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2011 was $5.98, resulting in year-to-date and 12-month NAV returns of -1.0% and 21.3%, respectively. These compare with the 0.2% and 15.9% 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 June 30, 2011 was $4.01, resulting in year-to-date and 12-month market returns of -3.1% and 26.9%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of June 30, 2011 were as follows:
| Canada | 32.1% |
| United States | 20.2% |
| Asia | 19.9% |
| Europe | 18.5% |
| Latin America | 8.1% |
| Australia | 1.2% |
The top ten investments which comprised 42.2% of the investment portfolio at market as of June 30, 2011 were as follows:
| Cash (Canada) | 6.9% |
| Baidu, Inc. (China) | 5.7% |
| Valeant Pharmaceuticals International, Inc. (Canada) | 5.2% |
| Lojas Renner S.A. (Brazil) | 4.5% |
| HDFC Bank Ltd. (India) | 4.0% |
| Mahindra & Mahindra Limited (India) | 3.5% |
| Petrofac Limited (United Kingdom) | 3.3% |
| Gold Resource Corporation (United States) | 3.1% |
| Blinkx plc (United Kingdom) | 3.0% |
| Apple Inc. (United States) | 3.0% |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cwffund@mmainvestments.com
www.mmainvestments.com