ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND 5.0 (ASTIF5)
Petaling Jaya, 31st December 2021
Areca Capital would like to announce the income distribution for Areca Strategic Income Fund 5.0 (ASTIF5) at 2.25 sen.
The Fund invests in the Redeemable Preference Shares (RPS) issued by Kreasi Bersama Maju Sdn Bhd, which is a company controlled by the major shareholder of Sepang Gold Coast Group.
ASTIF5 looks to provide a combination of income and incidental capital growth. Since the fund started investing in October 2020, ASTIF5 has generated a total return of 11.15% as of 29th December 2021, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 2.30%.
|
Return |
October 2020 To December 2021 |
|
Areca Strategic Income Fund 5.0 |
11.15% |
|
Maybank 12 Months Fixed Deposit Rate |
2.30% |
Source: Lipper for Investment Management. Data as of 29th December 2021.
For further enquiries, please contact us at invest@arecacapital.com or call 603-7956 3111.
