TORONTO, CANADA--(Marketwired - June 4, 2014) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2014 was $6.69, resulting in year-to-date and 12-month NAV returns of 1.7% and 15.1%, respectively. These compare with the 5.4% and 20.7% 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 May 31, 2014 was $4.26, resulting in year-to-date and 12-month share price returns of 1.2% and 18.0%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of May 31, 2014 were as follows:
| United States | 31.2% |
| Europe | 23.2% |
| Asia | 19.9% |
| Canada | 18.0% |
| Latin America | 6.5% |
| Australia | 1.2% |
The top ten investments which comprised 38.1% of the investment portfolio at market as of May 31, 2014 were as follows:
| HDFC Bank Ltd. (India) | 5.1% |
| Mahindra & Mahindra Limited (India) | 4.7% |
| Apple Inc. (United States) | 4.3% |
| Valeant Pharmaceuticals International, Inc. (Canada) | 4.1% |
| Galaxy Entertainment Group Limited (Hong Kong) | 4.0% |
| Redknee Solutions Inc. (Canada) | 3.7% |
| The Middleby Corporation (United States) | 3.2% |
| Deere & Company (United States) | 3.1% |
| Grupo Financiero Banorte, S.A.B. de C.V. (Mexico) | 3.0% |
| International Business Machines Corporation (United States) | 2.9% |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cwffund@mmainvestments.com
www.canadianworldfund.ca