ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND 3.0
Petaling Jaya, 28th July 2020
Areca Capital would like to announce the income distribution for Areca Strategic Income Fund 3.0 (ASTIF 3.0) at 2.25 sen as of the 28th of July, 2020
ASTIF3.0 was launched on the 31st of May 2019 and seeks to provide a combination of income and incidental capital growth. Since its inception, ASTIF3.0 has generated a total return of 8.70% as of 30th June 2020, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 3.10%.
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