Canadian World Fund: Investment Update - Unaudited

Monday, February 5, 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 January 31, 2018 was $9.97, resulting in year-to-date and 12-month NAV returns of 5.1% and 27.2%, respectively.  These compare with the 3.7% and 18.1% 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 January 31, 2018 was $6.19, resulting in year-to-date and 12-month share price returns of -4.8% and 24.8%, respectively.
 
The geographic sector weightings of CWF’s investment portfolio at market as of January 31, 2018 were as follows:
 

United States

36.1%

Europe

30.9%

Asia

23.4%

Canada

4.2%

South America

3.5%

Central America & Caribbean

1.9%

The top ten investments which comprised 34.1% of the investment portfolio at market as of January 31, 2018 were as follows:

HDFC Bank Ltd. (India)

5.1%

AmRest Holdings N.V. (Poland)

4.5%

Bank of America Corporation (United States)

3.7%

Lojas Renner S.A. (Brazil)

3.5%

Apple Inc. (United States)

3.3%

JENOPTIK AG (Germany)

3.2%

Mahindra & Mahindra Limited (India)

2.8%

RATIONAL AG (Germany)

2.8%

JPMorgan Chase & Co. (United States)

2.6%

YES BANK Limited (India)

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