Canadian World Fund: Investment Update - Unaudited
TORONTO, CANADA--(Marketwired - Aug 3, 2017) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its
net asset value per share (NAV) at July 31, 2017 was $8.58, resulting in year-to-date and 12-month NAV returns of 10.6% and
14.2%, respectively. These compare with the 5.3% and 10.0% 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, 2017 was $5.40, resulting in year-to-date and 12-month share price
returns of 16.4% and 16.4%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of July 31, 2017 were as follows:
|
United States |
33.2% |
|
|
Europe |
29.1% |
|
|
Asia |
23.8% |
|
|
Canada |
8.3% |
|
|
South America |
3.3% |
|
|
Central America & Caribbean |
2.3% |
|
The top ten investments which comprised 37.3% of the investment portfolio at market as of July 31, 2017 were as follows:
|
Cash (Canada) |
5.5% |
|
|
HDFC Bank Ltd. (India) |
5.5% |
|
|
AmRest Holdings N.V. (Poland) |
4.4% |
|
|
Apple Inc. (United States) |
3.5% |
|
|
Lojas Renner S.A. (Brazil) |
3.3% |
|
|
Bank of America Corporation (United States) |
3.3% |
|
|
YES BANK Limited (India) |
3.1% |
|
|
Mahindra & Mahindra Limited (India) |
3.0% |
|
|
RATIONAL AG (Germany) |
2.9% |
|
|
The Middleby Corporation (United States) |
2.8% |
|