Areca Capital Sdn Bhd (ArecaCap) declared an interim income distribution for two (2) of its Funds for the financial year ended 30 June 2009;
Areca incomeTRUST Fund (AiTF) – 0.5 sen per unit
Areca moneyTRUST Fund (AmTF) – 0.5 sen per unit
ArecaCap’s CEO Danny Wong said despite challenging market conditions, it was able to declare income distributions on the two funds and meet with the expectations of those who had invested over the mid to long term.
He said as with most investments, the challenge was to manage performance volatility, consistency and meeting with the fund’s investment objective.
Danny said that both AiTF and AmTF has consistently on the uptrend since inception and offer stable returns.
Areca Capital Sdn Bhd, an associate company of Jerneh Asia Berhad, has launched its maiden funds on 23 April 2007 and is currently managing 6 unit trust funds and is also an Institutional Unit Trust Agent for the distribution of third party funds.
Any further enquiries please contact Ms. Rachel Ho at rachel@arecacapital.com or call 603- 7956 3111.
-ARECA CAPITAL DECLARES RM1.25 MILLION INTERIM INCOME DISTRIBUTION FOR ARECA INCOMETRUST FUND AND ARECA MONEYTRUST FUND-
