ARECA CAPITAL DECLARES INCOME DISTRIBUTION FOR ARECA STRATEGIC INCOME FUND (ASTIF)
Petaling Jaya, 13th December 2021
Areca Capital would like to announce the income distribution for Areca Strategic Income Fund (ASTIF) at 1.875 sen.
The Fund invests into the Redeemable Preference Shares (RPS) issued by AGB Properties Sdn Bhd. AGB Properties Sdn Bhd is a wholly-owned subsidiary of Asian Pac Holdings Berhad which is a listed company on Bursa Malaysia.
ASTIF seeks to provide a combination of income and incidental capital growth. Since the fund started investing in June 2019, ASTIF has generated a total return of 18.62% as of the 30th November 2021, compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 5.63%.
|
Return |
June 2019 To November 2021 |
|
Areca Strategic Income |
18.62% |
|
Maybank 12 Months Fixed Deposit Rate |
5.63% |
Source: Lipper for Investment Management. Data as of 30th November 2021.
For further enquiries, please contact us at invest@arecacapital.com or call 603-7956 3111.
