TORONTO, CANADA--(Marketwire - Jan. 5, 2012) - Canadian World Fund Limited (CWF) (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2011 was $4.94, resulting in a one-year NAV return of -18.2%. This compares with the -7.4% return of the benchmark Morgan Stanley Capital International All Country World Index, in Canadian dollar terms, for the same period.
The closing price for CWF's common shares at December 31, 2011 was $3.56, resulting in an annual market return of -14.0%.
The geographic sector weightings of CWF's investment portfolio at market as of December 31, 2011 were as follows:
| Canada | 40.2% | |
| United States | 21.0% | |
| Asia | 15.9% | |
| Europe | 15.7% | |
| Latin America | 5.9% | |
| Australia | 1.3% |
The top ten investments which comprised 44.8% of the investment portfolio at market as of December 31, 2011 were as follows:
| Cash (Canada) | 11.7% | |
| Valeant Pharmaceuticals International, Inc. (Canada) | 4.0% | |
| Lojas Renner S.A. (Brazil) | 3.9% | |
| Petrofac Limited (United Kingdom) | 3.8% | |
| HDFC Bank Ltd. (India) | 3.8% | |
| International Business Machines Corporation (United States) | 3.7% | |
| Mahindra & Mahindra Limited (India) | 3.7% | |
| Apple Inc. (United States) | 3.5% | |
| Blinkx plc (United Kingdom) | 3.4% | |
| Cash (United States) | 3.3% |
Contact Information:
Vanessa L. Morgan
Chairman
(416) 366-2931
(416) 366-2729 (FAX)
cwffund@mmainvestments.com
www.mmainvestments.com