Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

March 05, 2014 16:22 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwired - March 5, 2014) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at February 28, 2014 was $6.83, resulting in year-to-date and 12-month NAV returns of 3.8% and 23.3%, respectively. These compare with the 4.5% and 24.6% 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 February 28, 2014 was $4.38, resulting in year-to-date and 12-month share price returns of 4.0% and 21.7%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of February 28, 2014 were as follows:

United States 30.0 %
Europe 24.5 %
Canada 20.8 %
Asia 17.7 %
Latin America 6.0 %
Australia 1.0 %

The top ten investments which comprised 39.9% of the investment portfolio at market as of February 28, 2014 were as follows:

Cash (Canada) 6.2 %
Galaxy Entertainment Group Limited (Hong Kong) 5.0 %
Valeant Pharmaceuticals International, Inc. (Canada) 4.5 %
The Middleby Corporation (United States) 4.0 %
HDFC Bank Ltd. (India) 3.7 %
Apple Inc. (United States) 3.5 %
Mahindra & Mahindra Limited 3.5 %
Redknee Solutions Inc. (Canada) 3.5 %
Petrofac Limited (United Kingdom) 3.1 %
International Business Machines Corporation (United States) 2.9 %

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