TORONTO, CANADA -- (Marketwired) -- 04/03/13 -- Canadian World Fund Limited (TSX: CWF) (CWF) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2013 was $5.49, resulting in year-to-date and 12-month NAV returns of 3.0% and -1.6%, respectively. These compare with the 8.2% and 9.8% 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 March 31, 2013 was $3.55, resulting in year-to-date and 12-month market returns of 2.9% and -5.3%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of March 31, 2013 were as follows:
Canada 28.3% United States 27.2% Asia 17.7% Europe 17.6% Latin America 7.5% Australia 1.7%
The top ten investments which comprised 42.9% of the investment portfolio at market as of March 31, 2013 were as follows:
Cash (Canada) 6.6% Galaxy Entertainment Group Limited (Hong Kong) 5.0% Valeant Pharmaceuticals International, Inc. (Canada) 4.8% HDFC Bank Ltd. (India) 4.8% Mahindra & Mahindra Limited (India) 4.1% International Business Machines Corporation (United States) 3.8% Grupo Financiero Banorte, S.A.B. de C.V. (Mexico) 3.7% Apple Inc. (United States) 3.4% Petrofac Limited (United Kingdom) 3.4% Blinkx plc (United Kingdom) 3.3%