ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND (ASTIF)
Posted on 10 September 2021
 

ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND (ASTIF)  

Petaling Jaya, 10th September 2021

Areca Capital would like to announce the income distribution for Areca Strategic Income Fund (ASTIF) at 1.875 sen.

The Fund invests into the Redeemable Preference Shares (RPS) issued by AGB Properties Sdn Bhd. AGB Properties Sdn Bhd is a wholly-owned subsidiary of Asian Pac Holdings Berhad which is a listed company on Bursa Malaysia.

ASTIF seeks to provide a combination of income and incidental capital growth. Since the fund started investing in June 2019, ASTIF has generated a total return of 16.74% as of the 31st August 2021, compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 5.17%. 

 
PERFORMANCE (%)

Return

June 2019 To August 2021

Areca Strategic Income Fund

16.74%

Maybank 12 Months Fixed Deposit Rate

5.17%

Source: Lipper for Investment Management. Data as of 31th August  2021.

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

 



«  Back

Interact with ARECA Capital