ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND 5.0 (ASTIF5)
Posted on 21 September 2022
 

ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND 5.0 (ASTIF5)

Petaling Jaya, 21st September 2022

Areca Capital would like to announce the income distribution for Areca Strategic Income Fund 5.0 (ASTIF5) at 2.25 sen.

The Fund invests in the Redeemable Preference Shares (RPS) issued by Kreasi Bersama Maju Sdn Bhd, which is a company controlled by the major shareholder of Sepang Gold Coast Group.

ASTIF5 looks to provide a combination of income and incidental capital growth. Since the fund started investing in October 2020, ASTIF5 has generated a total return of 17.64% as of 19th September 2022, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 3.78%.

 
PERFORMANCE (%)

Return

October 2020 to September 2022
(Total returns for the period)

Areca Strategic Income Fund 5.0

17.64%

Maybank 12 Months Fixed Deposit Rate

3.78%

Source: Lipper for Investment Management. Data as of 19th September 2022.

Disclaimer: Investors are advised to read and understand the contents of the Master Prospectus (MP), Information Memorandum (IM) and Product Highlight Sheet (PHS) for the individual funds before making any investment decision. Amongst others, investors should also consider the fees and charges involved. The prices of units and distributions payable, if any, may fall and rise. Past performances of the Fund are not indicative of future performance. Prices can go down as well as up and you may not get back the amount you originally invested. Investors are advised to consider the different types of risks that may affect the unit trust fund. For more information concerning certain risk factors, please refer to the MP,IM and PHS.

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

 



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