_id 1 AAA Living Financial, S.A. Autoadministrada Diego Wurms g.higuera@marjalizo.com 385-5555 Quijano & Asociados - Oliver Mu¤oz Esquivel. quijano@quijano.com 269-2641 1 2 Arka Global Funds, Inc. Autoadministrada Manuel Mej¡a Aoun manuel@inversionesarka.com 830-7918/8305455 Infante & Perez Almillano - Alejandro Abood/Nadiuska L¢pez de Abood nlopez@ipal.com-pa/ aabood@ipal.com.pa 322-2121 2 3 Atl ntida Multi-Assets Growth Fund, S.A. Atlantida Administrador de Inversiones Walter Brunetti wbrunetti@adinversionesatlantida.pa 263-5833 Ramire & Ramirez Asociados Abogados - Julio R. Ram¡ez jrramirez@ramaconsa.com 263-4947 3 4 AV Fund, Inc. AV Securities Inc. Orocio Contasti ocontasti@avsecurities.com 215-1032 Alfaro, Ferrer & Ramirez - Maria Alejandra Cargiulo mcargiulo@afra.com 263-9355 4 5 Bayport Enterprises, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 205-8000 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 5 6 Better Reail Fund, Inc. (1) Global Bank Corporation Odalys Reyna oreyna@titan.com.pa 225-2222 R&C Lawyers - Pablo Epifanio pablo.epifanio@rcgroup.com.pa 394-7612/13 6 7 Singular Funds, Inc. (antes Canal Multistrategy Family of Funds, Inc). (3) Autoadministrada Roberto Brenes (6) roberto.brenes@canalsecurities.com 202-0305 Patton, Moreno & Asvat - Kathiya Asvat kasvat@pmalawyers.com 306-9600 7 8 Cervell¢ Holding, S.A.(1) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 Quijano & Associates - Oliver Mu¤oz quijano@quijano.com 269-2641 8 9 CM Realty, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 302-4444 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 9 10 Commercial Center Fund Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 302-4444 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com / ana.castillo@morimor.com 265-7777 10 11 Desarrollo Inmobiliario Del Este, S.A. (1) MMG Asset Management Corp. Alexander Petrosky diesa@invbahia.com 303-3333 Morgan & Morgan - Ricardo Arias / Ana Carolina Castillo ricardo.arias@morimor.com / ana.castillo@morimor.com 265-7777 11 12 Encina Fund, Inc. Geneva Asset Management, S.A. Fernando Antonio Lewis de la Guardia flewis@genasset.com 210-1430 De Obald¡a & Garc¡a de Paredes - Beatriz Lorena Romero Alfaro. romero@deogap.com 210-1892 12 13 Fideicomiso de Fomento Tur¡stico (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 Patton, Moreno & Asvat - Kathiya Asvat kasvat@pmalawyers.com 306-9600 13 14 Fideicomiso Inmobiliario casas Grandes (1)(3) Autoadministrada Armando Isaac Dames Lee adames@casasgrandes.com.pa 300-1100 Morgan &Moran Legal- Ricardo Arias ricardo.arias@morimor.com 265-7777 14 15 Fondo de Inversi¢n Inmobiliaria Valle Lindo, S.A. (1)(3) Autoadministrada Ydalex Cartaya ycartaya@grupoti.com 301-0866 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 15 16 Fondo General de Inversiones, S.A. BG Investment Co., Inc. Michelle Nu¤ez minu¤ez@bgeneral.com 303-7000 Alem n, Cordero, Galindo & Lee- Arturo Gerbaud gerbaud@alcogal.com 269-2620 16 17 Fondo General de Retorno Total, S.A. BG Investment Co., Inc. Michelle Nu¤ez minu¤ez@bgeneral.com 303-7000 Alem n, Cordero, Galindo & Lee- Arturo Gerbaud gerbaud@alcogal.com 269-2620 17 18 Fondo Global de Inversiones, S.A. Global Valores, S.A. Luis A. Cargiulo V. Luis.Cargiulo@GlobalBank.com 206-2000 Alfaro, Ferrer & Ramirez - Maria Alejandra Cargiulo mcargiulo@afra.com 263-9355 18 19 Fondo de Liquidez Mejorada, S.A. Autoadministrada Roberto Brenes (6) roberto.brenes@canalsecurities.com 202-0305 Patton, Moreno & Asvat - Kathiya Asvat kasvat@pmalawyers.com 306-9600 19 20 Fondo Multiestrategia, S.A. (antes Suvalor Renta Fija Internacional Corto Plazo, S.A.) Valores Banistmo, S.A. Jos‚ Hilario L¢pez jose.lopez@banistmo.com 370-8412 "" "" "" 20 21 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 Sucre, Arias & Reyes "" 204-7900 21 22 Fondo Sostenible Renta Global (antes Suvalor Colombia, S.A.) Valores Banistmo, S.A. Jos‚ Hilario L¢pez jose.lopez@banistmo.com 370-8413 Sucre, Arias & Reyes - Jorge Olivardia. jolivardia@sucre.net 204-7900 22 23 Green Tower Properties, Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 208-7017 Morgan & Morgan - Mario De Diego mario.dediego@morimor.com 265-7777 23 24 Habitats Reit Corp.(3) Autoadministrada Jimmy Bassan jb@hr.com.pa 265-3030 Quijano & Asociados- Luis Miguel Rojer quijano@quijano.com 269-2641 24 25 IFG Investment Opportunities Fund, Inc.(3) Autoadministrada Fernando Jos‚ Robleto Brenes fernando.robleto@insigniafa.com 202-3075 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 25 26 IFG Real Estate Fund Inc (1) (3) Autoadministrada Fernando Jos‚ Robleto Brenes fernando.robleto@insigniafa.com 202-3075 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 26 27 Insigneo Private Ventures Fund, S.A. (2) Prival Securities, Inc. F tima Asvat fasvat@prival.com 303-1900 Quijano & Asociados - Oliver Mu¤oz Esquivel. quijano@quijano.com 269-2641 27 28 International Wealth Protection Fund Limited Inc. (3) Autoadministrada Patricia Boyd Zu¤iga pboyd@cwpanama.net 320-4307 Adural "" "" 28 29 Invertis Global Income Fund, S.A. Invertis Securities, S.A. Zuzel Barrera rdv@invetissecurities.com 214-0000 Sucre, Arias & Reyes - Jorge Olivardia. jolivardia@sucre.net 204-7900 29 30 Landtribe Capital, S.A. Norfolk Asset Management, S.A. Eduardo Caballero eduardo.caballero@norfolkfg.com 396-1844 Del Valle, Escalona, Levy & Corr¢ - Alberto Levy alberto.levy@delcolaw.com 200-0335 30 31 Latam Capital Growth Fund Inc. (3) Autoadministrada Alfredo Monagas amonagas@grupoimalca.com 297-5901 Quijano & Asociados- Oliver Mu¤oz /Luis Miguel Rojer quijano@quijano.com 269-2641 31 32 Latam Real Estate Growth Fund, Inc.(1)(3) Autoadministrada Harold Garcia ejecutivop@latamrealestatefund.com 253-3612 Quijano & Asociados - Oliver Mu¤oz Esquivel. quijano@quijano.com 269-2641 32 33 Los Andes Fund, S.A.(1) Global Valores, S.A. Angel Nieves angel.Nieves@GlobalBank.com.pa 206-2000 Katz & Lopez - Zaira Ja‚n zaira@katzylopez.com 223-2733 33 34 Los Castillos Real Estate, Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuentes@mmgbank.com 321-9010 Galindo, Arias & L¢pez - Cristina Lewis clewis@gala.com.pa 303-0303 34 35 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 "" "" "" 35 36 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 "" "" "" 36 37 Metro Strategic Income Fund, Inc. (3) Autoadministrada Emanuel Bosquez emanuel.bosquez@metrobanksa.com 831-2400 Fabrega Molino - Tatiana Abad¡a tabadia@fmm.com.pa 301-6600 37 38 MMG Fixed Income Fund, S.A. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 Morgan & Morgan ricardo.arias@morimor.com 265-7777 38 39 MMG Global Allocation Fund, Inc. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 Morgan & Morgan - Ricardo Arias / Ana Castillo ricardo.arias@morimor.com / ana.castillo@morimor.com 265-7777 39 40 MMG Panama Allocation Fund, Inc. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 40 41 Multiprosperity Family of Funds, Inc. Multisecurities, S.A. Rafael Montaner rafael.montaner@multibank.com.pa 294-3500 Adames, Dur n, Alfaro & Lopez - Nadiuska L¢pez de Abood nlabood@adural.com 340-3059 41 42 NF Real Estate Fund (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 304-6185 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 42 43 Panam  Growth Properties Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 Patton, Moreno & Asvat - Kathiya Asvat kasvat@pmalawyers.com 306-9600 43 44 Panama Latam Fixed Income Fund, Inc. (4)(3) Autoadministrada Carlos Vallarino cvallarino@panamalatamfund.com 200-7430 Adames, Dur n, Alfaro & Lopez - Nadiuska L¢pez de Abood nlabood@adural.com 340-3059 44 45 Panam  Real Estate Development Fund, Inc. (1) (3) Real Estate Investment Management, Corp. Eduardo Caballero eduardo.caballero@norfolkfg.com 390-4555 Quijano & Asociados - Oliver Mu¤oz Esquivel. quijano@quijano.com 269-2641 45 46 Phonix Real Estate Fund, Inc. Norfolk Asset Management, S.A. Juan Pablo Rosero juanpablo.rosero@norfolkfg.com "" "" "" "" 46 47 Premium Properties International, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 208-7901 Morga & Morgan- Aristides Anguizola aristides.anguizola@morimor.com 265-7777 47 48 Prima Sociedad de Inversi¢n Inmobiliaria, S.A. (1) (3) Autoadministrada Salomon Hanono sony@vicsons.com 263-4400 Morgan & Morgan -Fransisco Arias francisco.arias@morimor.com 265-7777 48 49 Prival Bond Fund, S.A. Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 Fabrega, Molino & Mulino fevans@fmm.com.pa/atovar@fmm.com.pa 301-6600 49 50 Prival Real Estate Fund, S.A. (1) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 Alem n, Cordero, Galindo & Lee- Arturo Gerbaud agerbaud@alcogal.com 269-2620 50 51 PS Multi-Asset Class Fund, Inc. (2) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1901 Quijano & Asociados - Oliver Mu¤oz Esquivel. quijano@quijano.com 269-2641 51 52 Real Estate Partners Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 Patton, Moreno & Asvat - Kathiya Asvat kasvat@pmalawyers.com 306-9600 52 53 Regulus Inmobiliaria, S.A. (1) (3) Autoadministrada Lina Valero oficialdecumplimiento@regulusinmobiliaria.com 204-7900 Sucre, Arias & Reyes - Jorge Olivardia. jolivardia@sucre.net 204-7900 53 54 Retail Space Holdings Corp. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 321-9010 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 54 55 Seeway Real Estate Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 Patton, Moreno & Asvat - Kathiya Asvat kasvat@pmalawyers.com 263-7887 55 56 Semah Real Estate Investment Fund, S.A. (1) (3) Autoadministrada Luz Jerome de Quiel juan.masteralli@gmail.com 216-8040 Virtu Atelier Legal - Marelissa Quintero de Stanziola mquintero@virtuatelier.legal 387-8655 56 57 Sustainable Urban Revitalization Fund, Inc. Global Valores, S.A. Irving Becerra irving.becerra@globalbank.com.pa 308-5900 Morgan & Morgan - Ricardo Arias ricardo.arias@morimor.com 265-7777 57 58 Tagua Fund Inc. Geneva Asset Management, S.A. Joaquin De la Guardia jdelag@genasset.com 210-1430 Sucre, Arias & Reyes sucre@sucre.net 204-7900 58 59 Ultra Star, Inc. (1) Global Valores, S.A. Angel Nieves angel.Nieves@GlobalBank.com.pa 206-2000 Katz & Lopez - Zaira Ja‚n zaira@katzylopez.com 223-2733 59 60 Urca Global Fund, Inc. (3) Autoadministrada Luciano Pithon das Virgens lpithon@pithonsa.com 833-7678 Infante & Perez Almillano - Nadiuska L¢pez Moreno de Abood nlopez@ipal.com.pa 322-2121 60 61 Vantage Properties Trust (1)(3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 Patton, Moreno & Asvat - Kathiya Asvat kasvat@pmalawyers.com 263-7887