Canadian World Fund: Investment Update - Unaudited
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TORONTO, CANADA, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Canadian World Fund Limited (CWF) (TSX: CWF ) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2017 was $8.95, resulting in year-to-date and 12-month NAV returns of 15.3% and 17.3%, respectively. These compare with the 7.6% and 11.0% 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 September 30, 2017 was $5.36, resulting in year-to-date and 12-month share price returns of 15.5% and 15.8%, respectively.
The geographic sector weightings of CWF’s investment portfolio at market as of September 30, 2017 were as follows:
| United States | 35.6 | % | |
| Europe | 30.1 | % | |
| Asia | 22.0 | % | |
| Canada | 6.8 | % | |
| South America | 3.9 | % | |
| Central America & Caribbean | 2.3 | % |
The top ten investments which comprised 36.1% of the investment portfolio at market as of September 30, 2017 were as follows:
| HDFC Bank Ltd. (India) | 5.2 | % | |
| Cash (Canada) | 4.2 | % | |
| AmRest Holdings N.V. (Poland) | 4.1 | % | |
| Lojas Renner S.A. (Brazil) | 3.9 | % | |
| Apple Inc. (United States) | 3.5 | % | |
| Bank of America Corporation (United States) | 3.3 | % | |
| RATIONAL AG (Germany) | 3.1 | % | |
| Sunny Optical Technology (Group) Company Limited (China/Hong Kong) | 3.0 | % | |
| JENOPTIK AG (Germany) | 2.9 | % | |
| YES BANK Limited (India) | 2.9 | % |
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.canadianworldfund.ca
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