TORONTO, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2017 was $8.71, resulting in year-to-date and 12-month NAV returns of 12.2% and 13.3%, respectively. These compare with the 5.8% and 9.6% 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 August 31, 2017 was $5.51, resulting in year-to-date and 12-month share price returns of 18.8% and 18.5%, respectively.
The geographic sector weightings of CWF’s investment portfolio at market as of August 31, 2017 were as follows:
| United States | 32.6 | % |
| Europe | 29.7 | % |
| Asia | 23.3 | % |
| Canada | 8.6 | % |
| South America | 3.4 | % |
| Central America & Caribbean | 2.4 | % |
The top ten investments which comprised 37.6% of the investment portfolio at market as of August 31, 2017 were as follows:
| Cash (Canada) | 5.9 | % |
| HDFC Bank Ltd. (India) | 5.4 | % |
| AmRest Holdings N.V. (Poland) | 4.2 | % |
| Apple Inc. (United States) | 3.8 | % |
| Lojas Renner S.A. (Brazil) | 3.4 | % |
| Bank of America Corporation (United States) | 3.2 | % |
| YES BANK Limited (India) | 3.0 | % |
| RATIONAL AG (Germany) | 3.0 | % |
| Mahindra & Mahindra Limited (India) | 2.9 | % |
| Sunny Optical Technology (Group) Company Limited (China/Hong Kong) | 2.8 | % |