ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA PROGRESSIVE INCOME FUND 3.0

Petaling Jaya, 3rd May, 2021

Areca Capital would like to announce its net income distribution for the Areca Progressive Income Fund 3.0 (APIF3.0) at 2.25 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 15.08% as of the 31st of March 2021, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 3.97%. 

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