TORONTO, CANADA--(Marketwire - Aug. 2, 2012) - Canadian World Fund Limited (TSX:CWF.TO - News) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2012 was $4.74, resulting in year-to-date and 12-month NAV returns of -4.0% and -21.5%, respectively. These compare with the 3.9% and -1.2% 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 July 31, 2012 was $3.18, resulting in year-to-date and 12-month market returns of -10.7% and -19.9%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of July 31, 2012 were as follows:
United States 29.6%
Latin America 8.0%
The top ten investments which comprised 39.8% of the investment portfolio at market as of July 31, 2012 were as follows:
Apple Inc. (United States) 5.4%
HDFC Bank Ltd. (India) 5.0%
Lojas Renner S.A. (Brazil) 4.6%
Petrofac Limited (United Kingdom) 4.1%
International Business Machines Corporation (United States) 4.0%
Mahindra & Mahindra Limited (India) 3.7%
Valeant Pharmaceuticals International, Inc. (Canada) 3.5%
Deere & Company (United States) 3.4%
Galaxy Entertainment Group Limited (Hong Kong) 3.3%
Grupo Financiero Banorte, S.A.B. de C.V. (Mexico) 2.8%