Canadian World Fund Limited

Canadian World Fund Limited

August 05, 2005 15:43 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(CCNMatthews - Aug. 5, 2005) - Canadian World Fund Limited (TSX:CWF) (CWF) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2005 was $5.74, resulting in a year-to-date NAV return of 4.6%. This compares with the 4.0% return of the benchmark Morgan Stanley All-Country World Free Index, in Canadian dollar terms, for the same period. The year-to-date market return for CWF's common shares to July 31 was 5.0%.

For the 12 months ended July 31, 2005, CWF's NAV and market returns were 20.8% and 16.7%, respectively. The benchmark posted 7.9% for the same period.

The geographic sector weightings of CWF's investment portfolio at market as of July 31, 2005 were as follows:

North America 37.0%
United Kingdom 27.4%
Asia 19.3%
Europe (excluding U.K.) 8.5%
Other 7.8%

The top ten investments which comprised 28.7% of the investment portfolio at market, excluding cash, as of July 31, 2005 were as follows:

Stanley Gibbons Group Limited (United Kingdom) 4.3%
Apple Computer Inc. (United States) 3.8%
Sprint Corporation (United States) 3.1%
Indiabulls Financial Services Limited (India) 3.0%
Grupo Financiero Banorte S.A. de C.V. (Mexico) 2.8%
March Networks Corporation (Canada) 2.5%
Pan-Ocean Energy Corporation Limited (Canada) 2.4%
HDFC Bank Ltd. (India) 2.4%
Corin Group PLC (United Kingdom) 2.2%
Google Inc. (United States) 2.2%

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