Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

August 06, 2014 15:57 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwired - Aug. 6, 2014) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2014 was $6.51, resulting in year-to-date and 12-month NAV returns of -1.1% and 16.5%, respectively. These compare with the 6.0% and 20.2% 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 July 31, 2014 was $4.17, resulting in year-to-date and 12-month share price returns of -1.0% and 19.1%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of July 31, 2014 were as follows:

United States 32.7%
Europe 23.3%
Asia 19.8%
Canada 16.8%
Latin America 6.4%
Australia 1.0%

The top ten investments which comprised 36.7% of the investment portfolio at market as of July 31, 2014 were as follows:

HDFC Bank Ltd. (India) 5.5%
Apple Inc. (United States) 4.7%
Mahindra & Mahindra Limited (India) 4.6%
Valeant Pharmaceuticals International, Inc. (Canada) 3.8%
Redknee Solutions Inc. (Canada) 3.2%
International Business Machines Corporation (United States) 3.1%
The Middleby Corporation (United States) 3.0%
Deere & Company (United States) 3.0%
Galaxy Entertainment Group Limited (Hong Kong) 3.0%
Grupo Financiero Banorte, S.A.B. de C.V. (Mexico) 2.8%

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