TORONTO, March 05, 2018 (GLOBE NEWSWIRE) -- Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at February 28, 2018 was $9.93, resulting in year-to-date and 12-month NAV returns of 4.6% and 21.4%, respectively. These compare with the 3.3% and 12.6% 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 February 28, 2018 was $6.15, resulting in year-to-date and 12-month share price returns of -5.4% and 23.5%, respectively.
The geographic sector weightings of CWF’s investment portfolio at market as of February 28, 2018 were as follows:
| United States | 36.6 | % |
| Europe | 30.8 | % |
| Asia | 23.5 | % |
| Canada | 4.0 | % |
| South America | 3.3 | % |
| Central America & Caribbean | 1.8 | % |
The top ten investments which comprised 34.1% of the investment portfolio at market as of February 28, 2018 were as follows:
| HDFC Bank Ltd. (India) | 4.8 | % |
| AmRest Holdings N.V. (Poland) | 4.7 | % |
| Bank of America Corporation (United States) | 3.8 | % |
| Apple Inc. (United States) | 3.6 | % |
| Lojas Renner S.A. (Brazil) | 3.3 | % |
| Sunny Optical Technology (Group) Company Limited (China/Hong Kong) | 2.8 | % |
| CME Group Inc. (United States) | 2.8 | % |
| JENOPTIK AG (Germany) | 2.8 | % |
| JPMorgan Chase & Co. (United States) | 2.8 | % |
| Mahindra & Mahindra Limited (India) | 2.7 | % |
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