Canadian World Fund Limited

Canadian World Fund Limited

November 02, 2005 15:38 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(CCNMatthews - Nov. 2, 2005) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2005 was $5.24, resulting in a year-to-date NAV return of -4.6%. This compares with the 0.7% 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 October 31 was $4.25, resulting in a year-to-date market return of 6.3%.

For the 12 months ended October 31, 2005, CWF's NAV and market returns were 8.3% and 16.4%, respectively. The benchmark posted 8.5% for the same period.

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

North America 36.2%
United Kingdom 26.7%
Asia 19.8%
Europe (excluding U.K.) 8.8%
Other 8.5%

The top ten investments which comprised 28.2% of the investment portfolio at market, excluding cash, as of October 31, 2005 were as follows:

The Stanley Gibbons Group Limited (United Kingdom) 4.4%
Apple Computer Inc. (United States) 4.0%
Grupo Financiero Banorte S.A. de C.V.(Mexico) 2.8%
Google Inc., A (United States) 2.8%
Sprint Corporation (United States) 2.7%
March Networks Corporation (Canada) 2.7%
Orco Property Group S.A. (Luxembourg) 2.3%
Symantec Corporation (United States) 2.2%
SARE Holding, S.A. de C.V., B (Mexico) 2.2%
Grupo Mexico, S.A. de C.V., B (Mexico) 2.1%

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