Petaling Jaya, 5th May 2023
Areca Capital would like to announce the income distribution for Areca Situational Income Fund 2.0 (ASIF2) at 2.27 sen per unit.
The Fund invests into the Redeemable Preference Shares (RPS) issued by Iconic Vacation Club Berhad. It operates under the Avani Sepang Goldcoast Resort.
The Fund seeks to offer investors a medium to long term combination of income and incidental capital growth. Since the fund started investing in October 2022, ASIF2 has generated a total return of 4.12% as of 30th April 2023, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 1.41%.
Performance (%)
| Return & Benchmark | October 2022 to April 2023 (Total returns for the period) |
| Areca Situational Income Fund 2.0 | 4.12% |
| Maybank’s 12-month fixed deposit rate | 1.41% |
Source: Lipper for Investment Management. Data as of 30th April 2023.
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.
