Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

April 05, 2017 14:17 ET

Canadian World Fund: Investment Update - Unaudited

TORONTO, CANADA--(Marketwired - April 5, 2017) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2017 was $8.40, resulting in year-to-date and 12-month NAV returns of 8.2% and 17.2%, respectively. These compare with the 5.6% and 15.8% 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 March 31, 2017 was $5.00, resulting in year-to-date and 12-month share price returns of 7.8% and 5.0%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of March 31, 2017 were as follows:

United States 37.9%
Europe 28.0%
Asia 21.4%
Canada 7.4%
South America 3.1%
Central America & Caribbean 2.2%

The top ten investments which comprised 37.5% of the investment portfolio at market as of March 31, 2017 were as follows:

HDFC Bank Ltd. (India) 4.7%
Cash (Canada) 4.5%
YES BANK Limited (India) 4.2%
AmRest Holdings N.V. (Poland) 4.1%
The Middleby Corporation (United States) 4.1%
Apple Inc. (United States) 3.7%
Bank of America Corporation (United States) 3.5%
Lojas Renner S.A. (Brazil) 3.1%
Mahindra & Mahindra Limited (India) 3.0%
JPMorgan Chase & Co. (United States) 2.6%

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