TORONTO, CANADA -- (Marketwire) -- 03/05/13 -- Canadian World Fund Limited (CWF) (TSX: CWF) reports on an unaudited basis that its net asset value per share (NAV) at February 28, 2013 was $5.54, resulting in year-to-date and 12-month NAV returns of 3.9% and 0.2%, respectively. These compare with the 7.8% and 11.3% 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 February 28, 2013 was $3.60, resulting in year-to-date and 12-month market returns of 4.3% and -6.0%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of February 28, 2013 were as follows:
United States 29.3%Canada 27.6%Asia 18.2%Europe 18.2%Latin America 5.2%Australia 1.5%
The top ten investments which comprised 42.5% of the investment portfolio at market as of February 28, 2013 were as follows:
Lojas Renner S.A. (Brazil) 5.2%Galaxy Entertainment Group Limited (Hong Kong) 5.0%HDFC Bank Ltd. (India) 4.9%Cash (Canada) 4.9%Valeant Pharmaceuticals International, Inc. (Canada) 4.4%Mahindra & Mahindra Limited (India) 4.1%International Business Machines Corporation (United States) 3.6%Blinkx plc (United Kingdom) 3.6%Grupo Financiero Banorte, S.A.B. de C.V. (Mexico) 3.4%Petrofac Limited (United Kingdom) 3.4%
Canadian World Fund Limited
Jonathan A. Morgan
President and CEO
(416) 366-2729 (FAX)