Petaling Jaya – 20th February, 2020

Areca Capital Sdn. Bhd. has declared an income distribution of 2.25 sen (net) per unit for the Areca Progressive Income Fund 4.0 (APIF 4.0).

APIF 4.0 was launched on the 5th of July last year and had declared its first income distribution last year in November 2019. It aims to achieve a combination of income and incidental capital growth. Since its initiation, APIF 4.0 has generated a total return of 4.08% as of 31 January 2020, as compared to its benchmark’s (Maybank’s 12-month fixed deposit rate) total return of 1.77%.

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