INCOME DISTRIBUTION OF 1.90 SEN PER UNIT FOR ARECA PROGRESSIVE INCOME FUND 2.0 (APIF2.0)

Petaling Jaya, 10 September 2019:

Areca Capital Sdn Bhd has on 10 September 2019 declared an income distribution of 1.90 sen per unit for Areca Progressive Income Fund 2.0 (“APIF2.0”).

APIF2.0 was launched on 23 August 2018, the fund aim to provide combination of income and capital growth. Since its inception, APIF2.0 has generated a total return of 7.0% as of 31 July 2019, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 3.1%.

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