Canadian World Fund: Investment Update - Unaudited

Thursday, January 4, 2018
 
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 December 31, 2017 was $9.49, resulting in a one-year NAV return of 22.3%.  This compares with the 13.4% return of the benchmark Morgan Stanley Capital International All Country World Index, in Canadian dollar terms, for the same period.
 
The closing price for CWF’s common shares at December 31, 2017 was $6.50, resulting in an annual share price return of 40.1%.
 
The geographic sector weightings of CWF’s investment portfolio at market as of December 31, 2017 were as follows:
 

United States

36.7%

Europe

30.4%

Asia

23.4%

Canada

4.4%

South America

3.4%

Central America & Caribbean

1.7%

The top ten investments which comprised 34.0% of the investment portfolio at market as of December 31, 2017 were as follows:

HDFC Bank Ltd. (India)

5.2%

AmRest Holdings N.V. (Poland)

4.6%

Bank of America Corporation (United States)

3.6%

Apple Inc. (United States)

3.6%

Lojas Renner S.A. (Brazil)

3.4%

Mahindra & Mahindra Limited (India)

2.9%

JENOPTIK AG (Germany)

2.8%

RATIONAL AG (Germany)

2.7%

JPMorgan Chase & Co. (United States)

2.6%

PATRIZIA Immobilien AG (Germany)

2.6%

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