ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA PROGRESSIVE INCOME FUND 3.0
Petaling Jaya, 30th July 2021
Areca Capital would like to announce its net income distribution for the Areca Progressive Income Fund 3.0 (APIF3.0) at 2.333 sen as of today.
APIF 3.0 aims to provide a combination of income and incidental capital growth. Since the fund started investing in August 2019, APIF3.0 has generated a total return of 18.03% as of the 30th of July 2021, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 4.57%.
|
Return |
August 2019 To July 2021 |
|
Areca Progressive Income 3.0 |
18.03% |
|
Maybank 12 Months Fixed Deposit Rate |
4.57% |
Source: Lipper for Investment Management. Data as of 30th July 2021.
For further enquiries, please contact us at invest@arecacapital.com or call 603-7956 3111.
