TORONTO, CANADA–(Marketwired – July 6, 2016) – Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2016 was $7.22, resulting in year-to-date and 12-month NAV returns of -4.1% and -4.0%, respectively. These compare with the -6.0% and -1.7% 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 June 30, 2016 was $4.50, resulting in year-to-date and 12-month share price returns of -8.5% and -11.4%, respectively.
The geographic sector weightings of CWF’s investment portfolio at market as of June 30, 2016 were as follows:
| United States | 30.7% | |
| Europe | 26.7% | |
| Asia | 18.7% | |
| Canada | 17.5% | |
| Central America & Caribbean | 3.4% | |
| South America | 3.0% |
The top ten investments which comprised 42.1% of the investment portfolio at market as of June 30, 2016 were as follows:
| Cash (Canada) | 10.3% | |
| The Middleby Corporation (United States) | 5.1% | |
| HDFC Bank Ltd. (India) | 4.8% | |
| Mahindra & Mahindra Limited (India) | 3.7% | |
| YES BANK Limited (India) | 3.3% | |
| PATRIZIA Immobilien AG (Germany) | 3.1% | |
| Lojas Renner S.A. (Brazil) | 3.0% | |
| Deere & Company (United States) | 3.0% | |
| AmRest Holdings N.V. (Netherlands) | 3.0% | |
| Apple Inc. (United States) | 2.8% |
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cwffund@mmainvestments.com
www.canadianworldfund.ca