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 April 30, 2010 was $5.12, resulting in year-to-date and 12-month NAV returns of 9.6% and 54.2%, respectively. These compare with the -0.8% and 15.6% 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 April 30, 2010 was $3.31, resulting in year-to-date and 12-month market returns of -3.5% and 35.1%, respectively.
The geographic sector weightings of CWF’s investment portfolio at market as of April 30, 2010 were as follows:
| Canada | 32.0% |
| United States | 21.6% |
| Europe | 18.2% |
| Asia | 16.8% |
| Latin America | 11.4% |
The top ten investments which comprised 39.5% of the investment portfolio at market as of April 30, 2010 were as follows:
| Apple Inc. (United States) | 5.0% |
| Petrominerales Ltd. (Canada) | 4.7% |
| Lojas Renner S.A. (Brazil) | 4.3% |
| East Asia Minerals Corporation (Canada) | 4.2% |
| Baidu, Inc. (China) | 4.2% |
| HDFC Bank Ltd. (India) | 4.1% |
| Alliance Grain Traders, Inc. (Canada) | 3.9% |
| Mahindra & Mahindra Limited (India) | 3.3% |
| Silvercorp Metals Inc. (Canada) | 2.9% |
| Petrofac Limited (United Kingdom) | 2.9% |
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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
