INCOME DISTRIBUTIONS OF 2.0 SEN PER UNIT FOR ARECA PROGRESSIVE INCOME FUND (APIF)
Posted on 07 November 2019
 

INCOME DISTRIBUTIONS OF 2.0 SEN PER UNIT FOR ARECA PROGRESSIVE INCOME FUND (APIF)

Petaling Jaya, 7th November 2019

Areca Capital Sdn. Bhd. has declared an income distribution of 2.0 sen (net) per unit for its Areca Progressive Income Fund (APIF).

APIF was introduced last year on the 28th of February and seeks to offer its investors a medium to long term combination of income and capital growth. Since its inception, APIF has generated a total return of 11.7% as of 31 October, 2019, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 5.6%.

For further enquiries, please contact us at invest@arecacapital.com or call 603-7956 3111.

 



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