ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND 3.0 (ASTIF3)

Petaling Jaya, 23rd May 2022

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

The Fud 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 total return of 4.78% as of the 30th of April 2022, as compared to its benchmark’s (Maybank’s 12 month fixed deposit rate) total return of 1.28%.

Source: Lipper for Investment Management. Data as of 30th April 2022.

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