MALAYSIA’S TOP EQUITY FUND, ARECA equityTRUST FUND (AeTF) ANNOUNCES UNIT SPLIT
Petaling Jaya, 30th December, 2019
Areca Capital Sdn. Bhd. has declared a unit split for the Areca Equity Trust Fund (AeTF) for its investors at 10 new units for every 100 units held, otherwise recognised as a ratio of 10:100. The esteemed fund will observe this today, 30th of December, and be credited by tomorrow, 31st December, 2019.
The fund has achieved a total return of 321.55% as of 30 November 2019 since its launch, as compared to its peers’ average returns at 87.52%.
CUMULATIVE PERFORMANCE (%)
|
Return |
YTD |
1yr |
3yr |
5yr |
10 yr |
Since Launch |
|
AeTF |
31.76 |
24.27 |
71.75 |
76.78 |
256.14 |
321.55 |
|
Benchmark |
3.78 |
1.54 |
8.93 |
7.24 |
79.10 |
87.52 |
Source : Lipper for Investment Managers as at 30th November 2019.
*Benchmark : Average Returns of the funds under “Equity Malaysia” Non-Islamic category
AeTF started the year 2019 with 0.4878 (after 4Q18 global equity meltdown). It declared a 4 sen income distribution on the 30th of April after a strong rebound. On the 23rd of August, another 3 sen was distributed followed by the 3rd income distribution of 2 sen on the 16th of October.
The total income distribution declared for 2019 is 9 sen. Today, the current NAV stands at 0.5621 as of the 27th of December.
AeTF was launched on the 23rd of April 2007, and looks to provide investors with medium to long term capital growth. It has held its ranking as the best performing fund in the Equity Malaysia category for two consecutive years under the 3 years, 5 years and 10 years category for the year ended on the 31st of December, 2018 by Lipper Malaysia Fund Awards.
For further enquiries, please contact us at invest@arecacapital.com or call 603-7956 3111.
