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Article: Canadian World Fund: Investment Update-Unaudited
- Article from:
- CCNMatthews Newswire
- Article date:
- May 3, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, CANADA--(CCNMatthews - May 3, 2007) - Canadian World Fund
Limited (CWF) (TSX:CWF) reports on an unaudited basis that its
diluted net asset value per share (NAV) at April 30, 2007 was $7.18,
resulting in year-to-date and 12-month NAV returns of -9.6% and 3.8%,
respectively. This compares with the 1.0% and 13.6% returns of the
benchmark Morgan Stanley All Country World Index, in Canadian dollar
terms, for the same periods. The closing price of CWF's common shares
at April 30 was $6.80, resulting in year-to-date and 12-month market
returns of 5.4% and 23.6%, respectively.
CWF's diluted NAV and corresponding return numbers reflect the one-
for-one rights offering, for which a final ...