Fund Name
Areca REIT Leverage Fund
Fund Category/Type
Wholesale REITs Fund with flexible asset allocation/ Income & Growth
Objective of the Fund
The Fund aims to provide a combination of income and incidental capital growth.
Launch Date
24 December 2021
Base Currency
MYR
Class Of Units
MYR / SGD
Investment Strategy
Initially, the Fund will invest up to 98% of its NAV in REITs using its cash. Subsequently, the Fund may leverage up to 100% of its NAV to further its investment in REITs. The Fund may pledge its assets as collateral for the Leverage facility to mitigate call risk.
Depending on the prevailing economic conditions and market outlook, the Manager may rollover the Leverage facility or unwind the Leverage position. The Fund may concentrate its investments on few selected REITs or a single investment in a REIT that has potential income and/or capital growth
The Fund may also invest in fixed income securities, collective investment schemes, unlisted securities (including preference shares) and place deposits with financial institutions.
Asset Allocation
Up to 98% of its NAV in REITs and Leverage up to 100% of its NAV for further investment in REITs (i.e. up to 198% in REITs)
Up to 50% of its NAV in fixed income securities, collective investment schemes, and unlisted securities (including preference shares)
Performance Benchmark
Absolute Return of 4% p.a.
(Data Maintenance: Updates underway for data accuracy. Some data may not be up to date. Please refer to the attached Fund Documents for current information. Thank you for your patience.)
| Total Return | 1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
|---|---|---|---|---|---|
| MYR | -14.15 | -12.37 | - | - | -12.37 |
| SGD | -6.98 | -16.48 | - | - | -16.48 |
| Total Return | MYR |
|---|---|
| 1-Year | -14.15 |
| 3-Year | -12.37 |
| 5-Year | - |
| 10-Year | - |
| Since Inception | -12.37 |
| Total Return | SGD |
|---|---|
| 1-Year | -6.98 |
| 3-Year | -16.48 |
| 5-Year | - |
| 10-Year | - |
| Since Inception | -16.48 |
As of 27 Jan 2025.
Annual Management Fee
Up to 2.00% p.a. of the NAV of the Fund.
Annual Trustee Fee
0.07% p.a. of NAV of the Fund, (exclude foreign custodian fee, if any).
Entry Fee
Up to 4% of the Net Investment Amount
Net Investment Amount is the number of units at the NAV per Unit.
Exit Fee
Nil
This table describes the charges that you may incur when you buy or redeem Units of the Funds.
Minimum Initial Investment
50,000 dollar in the respective Class Currency for the Class of Units or such other limit at the Manager’s discretion.
Minimum Additional Investment
10,000 dollar in the respective Class Currency for the Class of Units or such other limit at the Manager’s discretion.
Minimum Redemption
50,000 dollar in the respective Class Currency for the Class of Units or equivalent in other currency or such other amount as decided by the Manager.
Redemption Restriction
You may not be able to redeem your Units within the first 6 months from the investment date. Investors may face difficulties in redeeming their investments as the Manager or the Class of Units is unable to dispose its assets and has insufficient cash.
Redemption Payment
We will pay you within 10 days upon receipt of the duly completed original redemption form. However, it is our general redemption policy to make payment within the next 3 Business Days from the transaction day for those Units purchased directly through the Manager. (i.e. T+3 days).
Relevant information may differ from Fund to Fund. Please refer to the individual Fund’s documents for comprehensive information. In the event of any discrepancies, the Prospectus/Information Memorandum (where applicable) shall prevail.
Prospectus / Information Memorandum
Product Highlights Sheet
Fact Sheet
Annual Report
Interim Report / Quarterly Report
..