Canadian World Fund Limited

Canadian World Fund Limited

October 05, 2005 13:23 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(CCNMatthews - Oct. 5, 2005) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2005 was $5.53, resulting in a year-to-date NAV return of 0.7%. This compares with the 1.9% return of the benchmark Morgan Stanley All-Country World Free Index, in Canadian dollar terms, for the same period.

The closing price of CWF's common shares at September 30 was $4.69, resulting in a year-to-date market return of 17.3%.

For the 12 months ended September 30, 2005, CWF's NAV and market returns were 16.2% and 34.0%, respectively. The benchmark posted 8.6% for the same period.

The geographic sector weightings of CWF's investment portfolio at market as of September 30, 2005 were as follows:

North America 35.1%
United Kingdom 26.4%
Asia 21.3%
Europe (excluding U.K.) 8.9%
Other 8.3%

The top ten investments which comprised 27.5% of the investment portfolio at market, excluding cash, as of September 30, 2005 were as follows:

Stanley Gibbons Group Limited (United Kingdom) 4.3%
Apple Computer Inc. (United States) 4.0%
Grupo Financiero Banorte S.A. de C.V.(Mexico) 2.7%
March Networks Corporation (Canada) 2.7%
Sprint Corporation (United States) 2.6%
Orco Property Group S.A. (Luxembourg) 2.4%
HDFC Bank Ltd. (India) 2.2%
Pan-Ocean Energy Corporation Limited (Canada) 2.2%
Google Inc. (United States) 2.2%
Indiabulls Financial Services Ltd. (India) 2.2%

Contact Information