INCOME DISTRIBUTION OF 2.00 SEN PER UNIT FOR ARECA PROGRESSIVE INCOME FUND (APIF)

Petaling Jaya, 14 August 2019:

Areca Capital Sdn Bhd has on 14 August 2019 declared an income distribution of 2.00 sen per unit for Areca Progressive Income Fund (“APIF”).

APIF was launched on 28 February 2018, the fund aims to provide Medium to Long Term combination of income and capital growth. Since its inception, APIF has generated a total return of 9.5% as of 31 July 2019, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 4.8%.

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