ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA PROGRESSIVE INCOME FUND 4.0 (APIF4)
Petaling Jaya, 5th October 2021
Areca Capital would like to announce its latest net income distribution for the Areca Progressive Income Fund 4.0 (APIF4) at 1.90 sen as of today.
The Fund invests into the Redeemable Preference Shares (RPS) issued by Tanah Anjung Management Services Sdn Bhd which is a wholly owned subsidiary of Impiana Sdn Bhd. The latter is the largest shareholder of Impiana Hotels Bhd listed on Bursa Malaysia.
APIF4 aims to provide a combination of income and incidental capital growth. Since the fund started investing in 20th August 2019, APIF4 has generated a total return of 13.76% as of the 30th of September 2021, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 4.73%.
|
Return |
20th August 2019 To 30th September 2021 |
|
Areca Progressive Icome Fund 4.0 |
13.76% |
|
Maybank 12 Months Fixed Deposit Rate |
4.73% |
Source: Lipper for Investment Management. Data as of 30th September 2021.
For further enquiries, please contact us at invest@arecacapital.com or call 603-7956 3111.
