ARECA CAPITAL DECLARES INCOME DISTRIBUTION OF RM28.6 MILLION FOR 3 FUNDS
Petaling Jaya, 30th June 2022
Areca Capital would like to announce the income distribution for:
1) Areca Steady fixedIncome Fund (ASFIF) at 18.0 sen per unit
2) Areca Flexi fixedIncome Fund (AFFIF) at 18.0 sen per unit
3) Areca Islamic Cash Fund (AICF) at 0.36 sen per unit
ASFIF strives to provide sophisticated investors with a stable stream of income while maintaining capital stability by investing in Fixed Income Investments over medium to long term investment horizon. Since the fund started investing on 11th May 2009, ASFIF has generated a total return of 101.07% as of 28th June 2022, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 45.43%.
Meanwhile, AFFIF seeks to provide sophisticated investors with relatively steady income and moderate capital appreciation over a short to medium term by investing in Fixed Income Investments. Since the fund started investing on 3rd January 2012, AFFIF has generated a total return of 101.12% as of 28th June 2022, as compared to its benchmark’s (Maybank’s 6-month fixed deposit rate) total return of 34.81%.
Finally, AICF was launched on 18th June 2015, with the goal of providing investors with regular income from Shariah-compliant investments. Since its inception, AICF has generated a total return of 18.21% as of 28th June 2022, as compared to its benchmark’s (Maybank Islamic 1-month REPO rate) total return of 16.79%.
Performance Since Inception (%)
ASFIF:
|
Return |
May 2009 to June 2022 |
|
Areca Steady fixedIncome Fund |
101.07% |
|
Maybank 12 Months Fixed Deposit Rate |
45.43% |
AFFIF:
|
Return |
January 2012 to June 2022 |
|
Areca Flexi fixedIncome Fund |
101.12% |
|
Maybank 6 Months Fixed Deposit Rate |
34.81% |
AICF:
|
Return |
June 2015 to June 2022 |
|
Areca Islamic Cash Fund |
18.21% |
|
Maybank Islamic 1-month REPO rate |
16.79% |
Source: Lipper for Investment Management. Data as of 28th June 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.
