ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA PROGRESSIVE INCOME FUND 3.0 (APIF3.0)

Petaling Jaya, 4th May 2020

Areca Capital would like to announce its net income distribution for the Areca Progressive Income Fund 3.0 (APIF 3.0) at 2.25 sen as of today.

Launched on the 1st of July 2019, APIF 3.0 aims to provide a combination of income and incidental capital growth. Since its inception, APIF 3.0 has generated a total return of 6.18% as of 31st of March 2020, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 2.26%.

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