TORONTO, CANADA--(Marketwire - June 5, 2012) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2012 was $4.93, resulting in year-to-date and 12-month NAV returns of -0.2% and -20.4%, respectively. These compare with the 1.2% and -8.7% 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 May 31, 2012 was $3.27, resulting in year-to-date and 12-month market returns of -8.1% and -21.0%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of May 31, 2012 were as follows:
| United States | 30.5 | % | |
| Canada | 29.0 | % | |
| Asia | 16.8 | % | |
| Europe | 14.8 | % | |
| Latin America | 7.3 | % | |
| Australia | 1.6 | % |
The top ten investments which comprised 38.9% of the investment portfolio at market as of May 31, 2012 were as follows:
| Apple Inc. (United States) | 5.1 | % | |
| Lojas Renner S.A. (Brazil) | 4.5 | % | |
| Petrofac Limited (United Kingdom) | 4.2 | % | |
| HDFC Bank Ltd. (India) | 4.1 | % | |
| International Business Machines Corporation (United States) | 3.9 | % | |
| Valeant Pharmaceuticals International, Inc. (Canada) | 3.6 | % | |
| Gold Resource Corporation (United States) | 3.6 | % | |
| Mahindra & Mahindra Limited (India) | 3.4 | % | |
| Galaxy Entertainment Group Limited (Hong Kong) | 3.3 | % | |
| Deere & Company (United States) | 3.2 | % |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cwffund@mmainvestments.com
www.mmainvestments.com