INCOME DISTRIBUTION OF 2.25 SEN PER UNIT FOR ARECA PROGRESSIVE INCOME FUND 4.0 (APIF 4.0)

Petaling Jaya 20th May, 2020

Areca Capital Sdn. Bhd. has declared an income distribution of 2.25 sen (net) per unit for the Areca Progressive Income Fund 4.0 (APIF 4.0).

APIF 4.0 was launched on the 5th of July, 2019 and aims to achieve a combination of income and incidental capital growth. Since its initiation, APIF4.0 has generated a total return of 6.39% as of 30 April 2020, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 2.44%.

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