Petaling Jaya, 26th June 2023
Areca Capital would like to announce the income distribution for Areca Strategic Income Fund 2.0 (ASTIF2) at 3.875 sen per unit.
The Fund invests into Redeemable Preference Shares (RPS) of Vibrant Global Sdn Bhd (VGSB). VGSB is one of the shareholders in Next Generation Oil Sdn Bhd which has developed a commercially viable process for the cultivation of micro algae, on an industrial scale, and the extraction of crude algae oil.
ASTIF2 looks to provide a combination of income and incidental capital growth. Since the fund started investing in June 2022, ASTIF2 has generated a total return of 7.86% as of 23rd June 2023, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 2.72%.
Performance (%)
| Return & Benchmark | June 2022 to June 2023 (Total returns for the period) |
| Areca Strategic Income Fund 2.0 | 7.86% |
| Maybank’s 12-month fixed deposit rate | 2.72% |
Source: Lipper for Investment Management. Data as of 23rd June 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.
