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 February 28, 2010 was $4.68, resulting in year-to-date and 12-month NAV returns of 0.2% and 75.9%, respectively. These compare with the -2.8% and 28.1% 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 February 28, 2010 was $3.37, resulting in year-to-date and 12-month market returns of -1.7% and 61.2%, respectively.
The geographic sector weightings of CWF’s investment portfolio at market as of February 28, 2010 were as follows:
| Canada | 34.8% |
| United States | 19.9% |
| Europe | 18.0% |
| Asia | 15.8% |
| Latin America | 11.5% |
The top ten investments which comprised 37.5% of the investment portfolio at market as of February 28, 2010 were as follows:
| Petrominerales Ltd. (Canada) | 4.8% |
| Alliance Grain Traders, Inc. (Canada) | 4.7% |
| Apple Inc. (United States) | 4.5% |
| Lojas Renner S.A. (Brazil) | 4.3% |
| HDFC Bank Ltd. (India) | 3.8% |
| Baidu, Inc. (China) | 3.6% |
| Mahindra & Mahindra Limited (India) | 3.4% |
| Petrofac Limited (United Kingdom) | 2.9% |
| International Business Machines Corp. (United States) | 2.8% |
| Deere & Company (United States) | 2.7% |
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian World Fund Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cwffund@mmainvestments.com
website: www.mmainvestments.com
