Canadian World Fund: Investment Update - Unaudited

Tuesday, December 5, 2017
 
NEWS RELEASE TRANSMITTED BY GLOBENEWSWIRE
FOR: CANADIAN WORLD FUND LIMITED
TSX SYMBOL: CWF
 
Canadian World Fund: Investment Update - Unaudited
 
TORONTO, CANADA – Canadian World Fund Limited (CWF) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2017 was $9.56, resulting in year-to-date and 12-month NAV returns of 23.2% and 25.0%, respectively.  These compare with the 15.0% and 17.3% 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 November 30, 2017 was $6.18, resulting in year-to-date and 12-month share price returns of 33.2% and 32.9%, respectively.
 
The geographic sector weightings of CWF’s investment portfolio at market as of November 30, 2017 were as follows:
 

United States

36.6%

Europe

30.0%

Asia

22.1%

Canada

6.4%

South America

3.4%

Central America & Caribbean

1.9%

The top ten investments which comprised 35.0% of the investment portfolio at market as of November 30, 2017 were as follows:

HDFC Bank Ltd. (India)

5.0%

AmRest Holdings N.V. (Poland)

4.1%

Cash (Canada)

3.9%

Apple Inc. (United States)

3.7%

Bank of America Corporation (United States)

3.5%

Lojas Renner S.A. (Brazil)

3.4%

Sunny Optical Technology (Group) Company Limited (China/Hong Kong)

3.0%

RATIONAL AG (Germany)

2.8%

JENOPTIK AG (Germany)

2.8%

Mahindra & Mahindra Limited (India)

2.8%

 
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian World Fund Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729