Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

January 06, 2015 14:34 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwired - Jan. 6, 2015) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2014 was $6.72, resulting in a one-year NAV return of 2.1%. This compares with the 11.4% 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, 2014 was $4.05, resulting in an annual share price return of -3.8%.

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

United States 35.5 %
Europe 21.6 %
Asia 19.9 %
Canada 16.6 %
Latin America 5.5 %
Australia 0.9 %

The top ten investments which comprised 37.0% of the investment portfolio at market as of December 31, 2014 were as follows:

HDFC Bank Ltd. (India) 6.0 %
Apple Inc. (United States) 5.5 %
Cash (Canada) 4.3 %
The Middleby Corporation (United States) 4.3 %
Mahindra & Mahindra Limited (India) 3.3 %
Deere & Company (United States) 3.2 %
Bank of America Corporation (United States) 3.0 %
International Business Machines Corporation (United States) 2.7 %
Grupo Financiero Banorte, S.A.B. de C.V. (Mexico) 2.4 %
Redknee Solutions Inc. (Canada) 2.3 %

Contact Information