TORONTO, CANADA--(Marketwire - Dec. 5, 2011) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2011 was $5.20, resulting in year-to-date and 12-month NAV returns of -13.9% and -11.9%, respectively. These compare with the -6.8% and -3.2% 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 November 30, 2011 was $3.79, resulting in year-to-date and 12-month market returns of -8.5% and -6.2%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of November 30, 2011 were as follows:
| Canada | 41.2% | |
| United States | 19.9% | |
| Asia | 16.2% | |
| Europe | 14.9% | |
| Latin America | 6.4% | |
| Australia | 1.4% |
The top ten investments which comprised 45.8% of the investment portfolio at market as of November 30, 2011 were as follows:
| Cash (Canadian) | 13.3% | |
| Lojas Renner S.A. (Brazil) | 4.3% | |
| Mahindra & Mahindra Limited (India) | 3.8% | |
| Valeant Pharmaceuticals International, Inc. (Canada) | 3.8% | |
| HDFC Bank Ltd. (India) | 3.8% | |
| Petrofac Limited (United Kingdom) | 3.7% | |
| International Business Machines Corporation (United States) | 3.6% | |
| Deere & Company (United States) | 3.2% | |
| Cash (United States) | 3.2% | |
| Apple Inc. (United States) | 3.1% |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cwffund@mmainvestments.com
www.mmainvestments.com