_id No. Raz¢n Social Administrador de Inversiones Persona de contacto Correo electr¢nico Tel‚fono 1 1 Arka Global Funds, Inc. Autoadministrada Manuel Mej¡a Aoun manuel@inversionesarka.com 830-7918/8305455 2 2 AV Fund, Inc. AV Securities Inc. Orocio Contasti ocontasti@avsecurities.com 215-1032 3 3 Bayport Enterprises, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 205-8000 4 4 Better Reail Fund, Inc. (1) Global Bank Corporation Odalys Reyna oreyna@titan.com.pa 225-2222 5 5 Canal Multistrategy Family of Funds, Inc. (antes California Fixed Income Fund Inc.) (3) Autoadministrada Roberto Brenes (6) roberto.brenes@canalsecurities.com 202-0305 6 6 Cervell¢ Holding, S.A.(1) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 7 7 CM Realty, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 302-4444 8 8 Commercial Center Fund Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 302-4444 9 9 Desarrollo Inmobiliario Del Este, S.A. (1) MMG Asset Management Corp. Alexander Petrosky diesa@invbahia.com 303-3333 10 10 Encina Fund, Inc. Geneva Asset Management, S.A. Fernando Antonio Lewis de la Guardia flewis@genasset.com 210-1430 11 11 Fideicomiso de Fomento Tur¡stico (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 12 12 Fideicomiso Inmobiliario casas Grandes (1)(3) Autoadministrada Armando Isaac Dames Lee adames@casasgrandes.com.pa 300-1100 13 13 Fondo de Inversi¢n Futuro D¢lares Vista No Diversificado Vista Sociedad de Fondos de Inversi¢n, S.A. Alejandro V squez alejandro.vasquez@morimor.com 265-7777 14 14 Fondo de Inversi¢n Inmobiliaria Valle Lindo, S.A. (1)(3) Autoadministrada Ydalex Cartaya ycartaya@grupoti.com 301-0866 15 15 Fondo de Inversi¢n Liquidez D¢lares Vista No Diversificado Vista Sociedad de Fondos de Inversi¢n, S.A. Alejandro V squez alejandro.vasquez@morimor.com 265-7777 16 16 Fondo General de Inversiones, S.A. BG Investment Co., Inc. Michelle Nu¤ez minu¤ez@bgeneral.com 303-7000 17 17 Fondo General de Retorno Total, S.A. BG Investment Co., Inc. Michelle Nu¤ez minu¤ez@bgeneral.com 303-7000 18 18 Fondo Global de Inversiones, S.A. Global Valores, S.A. Luis A. Cargiulo V. Luis.Cargiulo@GlobalBank.com 206-2000 19 19 Fondo Renta Fija Valor, S.A. (antes Suvalor Renta Fija Internacional Largo Plazo, S.A.) Valores Banistmo, S.A. Jos‚ Hilario L¢pez jose.lopez@banistmo.com 370-8412 20 20 Fondo Sostenible Renta Global (antes Suvalor Colombia, S.A.) Valores Banistmo, S.A. Jos‚ Hilario L¢pez jose.lopez@banistmo.com 370-8413 21 21 Green Tower Properties, Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 208-7017 22 22 Grupo Inmobiliario de Capital Privado (GICAP) Ltd.(1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 23 23 Habitats Reit Corp.(3) Autoadministrada Jimmy Bassan jb@hr.com.pa 265-3030 24 24 IFG Investment Opportunities Fund, Inc. Autoadministrada Fernando Jos‚ Robleto Brenes fernando.robleto@insigniafa.com 202-3075 25 25 IFG Real Estate Fund Inc (1) (3) Autoadministrada Fernando Jos‚ Robleto Brenes fernando.robleto@insigniafa.com 202-3075 26 26 Insigneo Private Ventures Fund, S.A. (2) Prival Securities, Inc. F tima Asvat fasvat@prival.com 303-1900 27 27 International Wealth Protection Fund Limited Inc. (3) Autoadministrada Patricia Boyd Zu¤iga pboyd@cwpanama.net 320-4307 28 28 Invertis Global Income Fund, S.A. Invertis Securities, S.A. Zuzel Barrera rdv@invetissecurities.com 214-0000 29 29 Latam Capital Growth Fund Inc. (3) Autoadministrada Alfredo Monagas amonagas@grupoimalca.com 297-5901 30 30 Latam Real Estate Growth Fund, Inc.(1)(3) Autoadministrada Harold Garcia ejecutivop@latamrealestatefund.com 253-3612 31 31 Los Andes Fund, S.A.(1) Global Valores, S.A. Angel Nieves angel.Nieves@GlobalBank.com.pa 206-2000 32 32 Los Castillos Real Estate, Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuentes@mmgbank.com 321-9010 33 33 Mercantil Fondo Mutual Balanceado, S.A. (antes Mercantil Fondo de Deuda Latinoamericana, S.A.) Mercantil Servicios de Inversi¢n, S.A. Efra¡n Bernal ebernal@mercantilsi.com.pa 282-5800 34 34 Mercantil Fondo Mutual de Alto Rendimiento, S.A. (antes Mercantil Fondo de Deuda Alta Calificaci¢n, S.A.) Mercantil Servicios de Inversi¢n, S.A. Efra¡n Bernal ebernal@mercantilsi.com.pa 282-5800 35 35 Metro Strategic Income Fund, Inc. (3) Autoadministrada Emanuel Bosquez emanuel.bosquez@metrobanksa.com "" 36 36 MMG Fixed Income Fund, S.A. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 37 37 MMG Global Allocation Fund, Inc. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 38 38 MMG Panama Allocation Fund, Inc. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 39 39 Multiprosperity Family of Funds, Inc. Multisecurities, S.A. Rafael Montaner rafael.montaner@multibank.com.pa 294-3500 40 40 NF Real Estate Fund (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 304-6185 41 41 Panam  Growth Properties Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 42 42 Panama Latam Fixed Income Fund, Inc. (4)(3) Autoadministrada Carlos Vallarino cvallarino@panamalatamfund.com 200-7430 43 43 Panam  Real Estate Development Fund, Inc. (1) (3) Real Estate Investment Management, Corp. Eduardo Caballero eduardo.caballero@norfolkfg.com 390-4555 44 44 Phoenix Real Estate Fund, Inc. (1) Real Estate Investment Management, Corp. Eduardo Caballero eduardo.caballero@norfolkfg.com 380-4550 45 45 Premium Properties International, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 208-7901 46 46 Prima Sociedad de Inversi¢n Inmobiliaria, S.A. (1) (3) Autoadministrada Salomon Hanono sony@vicsons.com 263-4400 47 47 Prival Bond Fund, S.A. Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 48 48 Prival Private Equity Fund, S.A. (2) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 49 49 Prival Real Estate Fund, S.A. (1) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 50 50 PS Multi-Asset Class Fund, Inc. (2) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1901 51 51 Real Estate Partners Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 52 52 Regulus Inmobiliaria, S.A. (1) (3) Autoadministrada Lina Valero oficialdecumplimiento@regulusinmobiliaria.com 204-7900 53 53 Retail Space Holdings Corp. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 321-9010 54 54 Seeway Real Estate Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 55 55 Semah Real Estate Investment Fund, S.A. (1) (3) Autoadministrada Luz Jerome de Quiel juan.masteralli@gmail.com 216-8040 56 56 Sustainable Urban Revitalization Fund, Inc. Global Valores, S.A. Irving Becerra irving.becerra@globalbank.com.pa 308-5900 57 57 Suvalor Renta Fija Internacional Corto Plazo, S.A. Valores Banistmo, S.A. Jos‚ Hilario L¢pez jose.lopez@banistmo.com 370-8412 58 58 Tagua Fund Inc. Geneva Asset Management, S.A. Joaquin De la Guardia jdelag@genasset.com 210-1430 59 59 Ultra Star, Inc. (1) Global Valores, S.A. Angel Nieves angel.Nieves@GlobalBank.com.pa 206-2000 60 60 Urca Global Fund, Inc. (3) Autoadministrada Luciano Pithon das Virgens lpithon@pithonsa.com 833-7678 61 61 Vantage Properties Trust (1)(3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338