Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

August 04, 2011 10:32 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - Aug. 4, 2011) - Canadian World Fund Limited (TSX:CWF) (CWF) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2011 was $6.04, resulting in year-to-date and 12-month NAV returns of 0.0% and 14.2%, respectively. These compare with the -2.6% and 7.5% 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 July 31, 2011 was $3.97, resulting in year-to-date and 12-month market returns of -4.1% and 20.3%, respectively.

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

Canada 32.6 %
Asia 20.8 %
United States 20.8 %
Europe 17.3 %
Latin America 7.3 %
Australia 1.2 %

The top ten investments which comprised 42.2% of the investment portfolio at market as of July 31, 2011 were as follows:

Cash (Canada) 6.4 %
Baidu, Inc. (China) 6.2 %
Valeant Pharmaceuticals International, Inc. (Canada) 5.4 %
Lojas Renner S.A. (Brazil) 4.1 %
HDFC Bank Ltd. (India) 3.8 %
Mahindra & Mahindra Limited (India) 3.6 %
Apple Inc. (United States) 3.4 %
Kaminak Gold Corporation (Canada) 3.3 %
Petrofac Limited (United Kingdom) 3.0 %
Gold Resource Corporation (United States) 3.0 %

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