Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

November 03, 2006 16:43 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(CCNMatthews - Nov. 3, 2006) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2006 was $7.17, resulting in year-to-date and 52 week NAV returns of 24.7% and 36.6%, respectively. This compares with the 9.1% and 14.2% returns of the benchmark Morgan Stanley All-Country World Free Index, in Canadian dollar terms, for the same periods.

The closing price of CWF's common shares at October 31 was $5.60, resulting in year-to-date and 52 week market returns of 28.7% and 24.4%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of
October 31, 2006 were as follows:



North America 37.7%
Asia 20.1%
United Kingdom 17.0%
Europe (excluding U.K.) 12.5%
Latin America 9.9%
Cash & Cash Equivalents 2.8%


The top ten investments which comprised 26.5% of the investment portfolio at market as of October 31, 2006 were as follows:



Indiabulls Financial Services Ltd. (India) 3.3%
Grupo Financiero Banorte S.A. de C.V. (Mexico) 3.2%
Google Inc. (United States) 3.1%
Mahindra & Mahindra Limited (India) 2.8%
Skye Resources Inc. (Canada) 2.6%
March Networks Corporation (Canada) 2.4%
Chariot Resources Limited (Canada) 2.4%
Equinox Minerals Limited (Canada) 2.3%
HDFC Bank Ltd. (India) 2.2%
Oslo Bors Holding ASA (Norway) 2.2%


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