|By Marketwired .||
|September 4, 2014 04:08 PM EDT||
TORONTO, CANADA -- (Marketwired) -- 09/04/14 -- Canadian World Fund Limited (CWF) (TSX: CWF) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2014 was $6.65, resulting in year-to-date and 12-month NAV returns of 1.1% and 15.5%, respectively. These compare with the 7.8% and 22.0% 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 August 31, 2014 was $4.16, resulting in year-to-date and 12-month share price returns of -1.2% and 18.9%, respectively.
The geographic sector weightings of CWF's investment portfolio at market as of August 31, 2014 were as follows:
United States 33.5% Europe 23.0% Asia 19.7% Canada 16.1% Latin America 6.6% Australia 1.1%
The top ten investments which comprised 37.7% of the investment portfolio at market as of August 31, 2014 were as follows:
HDFC Bank Ltd. (India) 5.6% Mahindra & Mahindra Limited (India) 5.2% Apple Inc. (United States) 4.9% Cash (Canada) 4.8% The Middleby Corporation (United States) 3.5% International Business Machines Corporation (United States) 3.0% Grupo Financiero Banorte, S.A.B. de C.V. (Mexico) 2.9% Deere & Company (United States) 2.8% Galaxy Entertainment Group Limited (Hong Kong) 2.5% Lojas Renner S.A. (Brazil) 2.5%