Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

January 06, 2014 16:11 ET

Canadian World Fund: Investment Update- Unaudited

TORONTO, CANADA--(Marketwired - Jan. 6, 2014) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2013 was $6.58, resulting in a one-year NAV return of 23.5%. This compares with the 28.6% return of the benchmark Morgan Stanley Capital International All Country World Index, in Canadian dollar terms, for the same period.

The closing price for CWF's common shares at December 31, 2013 was $4.21, resulting in an annual share price return of 22.0%.

The geographic sector weightings of CWF's investment portfolio at market as of December 31, 2013 were as follows:

United States 31.7%
Europe 24.7%
Canada 19.4%
Asia 18.3%
Latin America 5.0%
Australia 0.9%

The top ten investments which comprised 40.6% of the investment portfolio at market as of December 31, 2013 were as follows:

Galaxy Entertainment Group Limited (Hong Kong) 6.0%
Blinkx plc (United Kingdom) 4.9%
Valeant Pharmaceuticals International, Inc. (Canada) 4.5%
Redknee Solutions Inc. (Canada) 4.1%
HDFC Bank Ltd. (India) 3.9%
Apple Inc. (United States) 3.8%
Cash (Canada) 3.7%
Mahindra & Mahindra Limited (India) 3.4%
The Middleby Corporation (United States) 3.2%
Deere & Company (United States) 3.1%

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