Petaling Jaya – 30th December 2022
Areca Capital would like to announce the income distribution for Areca Strategic Income Fund (ASTIF) at 1.875 sen.
The Fund invests into the Redeemable Preference Shares (RPS) issued by Bandar Sri Tujuh Sdn Bhd which is an investment holding company.
ASTIF seeks to provide a combination of income and incidental capital growth. Since the fund started investing in September 2022, ASTIF has generated a total return of 1.74% as of the 26th December 2022, compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 0.65%.
Performance (%)
| Return & Benchmark | September 2022 to December 2022 (Total returns for the period) |
| Areca Strategic Income Fund | 1.74% |
| Maybank’s 12-month fixed deposit rate | 0.65% |
Source: Lipper for Investment Management. Data as of 26th December 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.
