Canadian World Fund Limited
TSX : CWF

Canadian World Fund Limited

June 02, 2009 13:06 ET

Canadian World Fund: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - June 2, 2009) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2009 was $3.62, resulting in year-to-date and 12-month NAV returns of 26.1% and -45.6%, respectively. These compare with the -3.0% and -29.9% 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 May 31, 2009 was $2.56, resulting in year-to-date and 12-month market returns of 12.3% and -50.7%, respectively.



The geographic sector weightings of CWF's investment portfolio at market as
of May 31, 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 38.4% of the investment portfolio
at market as of May 31, 2009 were as follows:

Bank Term Deposits (Canada) 7.7%
HDFC Bank Ltd. (India) 4.2%
Apple Inc. (United States) 4.0%
Alliance Grain Traders Income Fund (Canada) 3.4%
Petrominerales Ltd. (Canada) 3.4%
Baidu, Inc. (China) 3.3%
Petrohawk Energy Corporation (United States) 3.2%
Equinox Minerals Limited (Canada) 3.1%
International Business Machines Corp. (United States) 3.1%
Mahindra & Mahindra Limited (India) 3.0%

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