Search
Close this search box.

Newsroom

ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND 3 .0 (ASTIF 3)

Petaling Jaya, 22nd February 2022

Areca Capital would like to announce the income distribution for Areca Strategic Income Fund 3.0 (ASTIF3 ) at 1.75 sen.

The Fund invests into the Redeemable Preference Shares (RPS) issued by Seraya Kota Sdn Bhd which is a company with its principal activity in investment holding.

ASTIF3 looks to provide a combination of income and incidental capital growth. Since the fund relaunched its new strategy in August 2021, ASTIF3 has generated a to tal return of 3.16 as of the 31st of January 2022 , as compared to its benchmark’s (Maybank’s 12 month fixed de posit rate) total return of 0.83

 
PERFORMANCE (%)

Return

August 2021 To January 2022

(Total returns for the period)

Areca Strategic Income Fund 3.0

3.16%

Maybank 12 Months Fixed Deposit Rate

0.83%

Source: Lipper for Investment Management. Data as of 31st January 2022.

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