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, 2009 was $4.67, resulting in a one-year NAV return of 62.7%. This compares with the 12.4% 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, 2009 was $3.43, resulting in an annual market return of 50.4%.
The geographic sector weightings of CWF’s investment portfolio at market as of December 31, 2009 were as follows:
| Canada | 31.0% |
| Europe | 21.2% |
| United States | 20.9% |
| Asia | 16.1% |
| Latin America | 10.2% |
| Australia | 0.6% |
The top ten investments which comprised 37.8% of the investment portfolio at market as of December 31, 2009 were as follows:
| Apple Inc. (United States) | 4.6% |
| Alliance Grain Traders, Inc. (Canada) | 4.5% |
| Lojas Renner S.A. (Brazil) | 4.4% |
| HDFC Bank Ltd. (India) | 4.1% |
| Petrominerales Ltd. (Canada) | 3.9% |
| Baidu, Inc. (China) | 3.8% |
| Mahindra & Mahindra Limited (India) | 3.6% |
| Petrofac Limited (United Kingdom) | 3.2% |
| International Business Machines Corp. (United States) | 2.9% |
| East Asia Minerals Corporation (Canada) | 2.8% |
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FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian World Fund Limited
Vanessa L. Morgan
Chairman
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cwffund@mmainvestments.com
website: www.mmainvestments.com
