DIVIDEND FUND GENERATING RETURNS OF 18.09% YTD DECLARES 8.5 SEN INCOME DISTRIBUTION

 

Petaling Jaya, 30 June 2020:

 

Areca Capital Sdn Bhd has declared an income distribution of 8.50 sen per unit for Areca Dividend Income Fund (ADIF).

 

ADIF was launched on the 15th of February 2017 and it seeks to provide regular income while providing long term capital appreciation. Since its inception, the Fund has generated a return of 38.08% as of 31st May 2020 as compared to its benchmark’s (Average Returns of funds under "Equity Malaysia Income" Non -Islamic category) with a total return of -1.89%.

 

CUMULATIVE PERFORMANCE (%)

 

Returns                YTD         1yr           3 yr         Since Launch

ADIF                    18.09       33.76       35.84          38.08

Benchmark*          -4.39      -1.99         -6.98          -1.89

 

Source: Lipper for Investment Managers as at 31st May 2020

 

*Benchmark: 1-year Average Returns of the funds under "Equity Malaysia Income" Non -Islamiccategory

 

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