Investment Update--Unaudited
Morgan Meighen & Associates
Toronto, Ontario, September 6, 2005) - Canadian World Fund Limited (TSX:CW) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2005 was $5.71, resulting in a year-to-date NAV return of 4.0%. This compares with the 1.4% return of the benchmark Morgan Stanley All-Country World Free Index, in Canadian dollar terms, for the same period. The year-to-date market return for CWF's common shares to August 31 was 6.2%.
For the 12 months ended August 31, 2005, CWF's NAV and market returns were 20.7% and 13.3%, respectively. The benchmark posted 5.7% for the same period.
The geographic sector weightings of CWF's investment portfolio at market as of
August 31, 2005 were as follows:
| North America |
34.0% |
| United Kingdom |
29.2% |
| Asia |
20.7% |
| Europe (excluding U.K.) |
8.5% |
| Other |
7.6% |
The top ten investments which comprised 27.8% of the investment
portfolio at market, excluding cash, as of August 31, 2005 were as
follows:
| Stanley Gibbons Group Limited (United Kingdom) |
4.5% |
| Apple Computer Inc. (United States) |
3.9% |
| Sprint Corporation (United States) |
2.8% |
| March Networks Corporation (Canada) |
2.7% |
| Pan-Ocean Energy Corporation Limited (Canada) |
2.7% |
| Grupo Financiero Banorte S.A. de C.V. (Mexico) |
2.5% |
| Indiabulls Financial Services Limited (India) |
2.4% |
| Corin Group PLC (United Kingdom) |
2.1% |
| Orco Property Group S.A. (Luxembourg) |
2.1% |
| HDFC Bank Ltd. (India) |
2.1% |
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