Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

April 04, 2012 16:33 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - April 4, 2012) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2012 was $5.58, resulting in year-to-date and 12-month NAV returns of 13.0% and -9.3%, respectively. These compare with the 9.3% and -0.3% 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, 2012 was $3.75, resulting in year-to-date and 12-month market returns of 5.3% and -9.6%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of March 31, 2012 were as follows:
Canada 29.7 %
United States 29.1 %
Asia 17.5 %
Europe 15.4 %
Latin America 7.2 %
Australia 1.1 %
The top ten investments which comprised 36.8% of the investment portfolio at market as of March 31, 2012 were as follows:
Lojas Renner S.A. (Brazil) 4.5 %
Apple Inc. (United States) 4.5 %
HDFC Bank Ltd. (India) 4.2 %
Petrofac Limited (United Kingdom) 4.2 %
International Business Machines Corporation (United States) 3.6 %
Mahindra & Mahindra Limited (India) 3.4 %
Valeant Pharmaceuticals International, Inc. (Canada) 3.3 %
Galaxy Entertainment Group Limited (Hong Kong) 3.2 %
Deere & Company (United States) 3.0 %
Baidu, Inc. (China) 2.9 %

Contact Information