Petaling Jaya, 30th June 2023
Areca Capital Sdn Bhd today declared the ninth income distribution of 0.56 sen per unit for its Areca Islamic Cash Fund (AICF).
AICF was launched at 18 June 2015, the fund looks to offer investors regular income from Shariah-compliant investments. Since its inception, AICF has generated a total return of 20.64% as of 31st May 2023, as compared to its benchmark’s (Maybank Islamic 1-month REPO rate) total return of 19.05%.
Performance (%)
| Return & Benchmark | June 2015 to May 2023 (Total returns for the period) |
| Areca Islamic Cash Fund | 20.64% |
| Maybank Islamic 1-month REPO rate | 19.05% |
Source: Lipper for Investment Management. Data as of 31st May 2023.
Disclaimer: Investors are advised to read and understand the contents of the Master Prospectus (MP), Information Memorandum (IM) and Product Highlight Sheet (PHS) for the individual funds before making any investment decision. Amongst others, investors should also consider the fees and charges involved. The prices of units and distributions payable, if any, may fall and rise. Past performances of the Fund are not indicative of future performance. Prices can go down as well as up and you may not get back the amount you originally invested. Investors are advised to consider the different types of risks that may affect the unit trust fund. For more information concerning certain risk factors, please refer to the MP, IM and PHS.
For further enquiries, please contact us at invest@arecacapital.com or call 603-7956 3111.
