Canadian World Fund Limited

Canadian World Fund Limited

September 06, 2005 14:14 ET

Canadian World Fund Limited: Investment Update-Unaudited

TORONTO, ONTARIO--(CCNMatthews - Sept. 6, 2005) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2005 was $5.71, resulting in a year-to-date NAV return of 4.0%. This compares with the 1.4% return of the benchmark Morgan Stanley All-Country World Free Index, in Canadian dollar terms, for the same period. The year-to-date market return for CWF's common shares to August 31 was 6.2%.

For the 12 months ended August 31, 2005, CWF's NAV and market returns were 20.7% and 13.3%, respectively. The benchmark posted 5.7% for the same period.

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

North America 34.0%
United Kingdom 29.2%
Asia 20.7%
Europe (excluding U.K.) 8.5%
Other 7.6%

The top ten investments which comprised 27.8% of the investment
portfolio at market, excluding cash, as of August 31, 2005 were as

Stanley Gibbons Group Limited (United Kingdom) 4.5%
Apple Computer Inc. (United States) 3.9%
Sprint Corporation (United States) 2.8%
March Networks Corporation (Canada) 2.7%
Pan-Ocean Energy Corporation Limited (Canada) 2.7%
Grupo Financiero Banorte S.A. de C.V. (Mexico) 2.5%
Indiabulls Financial Services Limited (India) 2.4%
Corin Group PLC (United Kingdom) 2.1%
Orco Property Group S.A. (Luxembourg) 2.1%
HDFC Bank Ltd. (India) 2.1%

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