ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND 3.0
Petaling Jaya, 30th January 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 30th of December, 2020
ASTIF3.0 was launched on the 31 May 2019, the fund seeks to provide a combination of income and incidental capital growth. Since its inception, ASTIF3.0 has generated a total return of 3.94% as of 31st December 2019, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 1.81%.
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