Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

May 04, 2009 10:44 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - May 4, 2009) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at April 30, 2009 was $3.32, resulting in year-to-date and 12-month NAV returns of 15.7% and -50.2%, respectively. These compare with the -3.5% and -30.5% 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 April 30, 2009 was $2.45, resulting in year-to-date and 12-month market returns of 7.5% and -51.5%, respectively.

The geographic sector weightings of CWF's investment portfolio at market as of April 30, 2009 were as follows:



Canada 37.2%
United States 24.2%
Europe 19.9%
Asia 12.8%
Latin America 4.8%
Australia 1.1%

The top ten investments which comprised 40.0% of the investment portfolio
at market as of April 30, 2009 were as follows:

Bank Term Deposits (Canada) 7.9%
Cash (Canada) 4.5%
Apple Inc. (United States) 4.1%
Bank of Nova Scotia BA (Canada) 3.9%
HDFC Bank Ltd. (India) 3.5%
International Business Machines Corp. (United States) 3.4%
Petrohawk Energy Corporation (United States) 3.3%
Baidu, Inc. (China) 3.3%
Alliance Grain Traders Income Fund (Canada) 3.1%
Petrominerales Ltd. (Canada) 3.0%

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