_id 1 Arka Global Funds, Inc. Autoadministrada Manuel Mej¡a Aoun manuel@inversionesarka.com 830-7918/8305455 Infante & Perez Almillano - Alejandro Abood 1 2 Atl ntida Multiassets Growyh Fund, S.A. Atlantida Administrador de Inversiones Walter Brunetti wbrunetti@adinversionesatlantida.pa 263-5833 Ramirez & Ram¡rez Abogados - Vielka Ramirez 2 3 AV Fund, Inc. AV Securities Inc. Orocio Contasti ocontasti@avsecurities.com 215-1032 Alfaro, Ferrer y Ramirez 3 4 Bayport Enterprises, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 205-8000 "" 4 5 Better Reail Fund, Inc. (1) Global Bank Corporation Odalys Reyna oreyna@titan.com.pa 225-2222 R&C Lawyers - Pablo Epifanio 5 6 Singular Funds, Inc. (antes Canal Multistrategy Family of Funds, Inc). (3) Autoadministrada Roberto Brenes (6) roberto.brenes@canalsecurities.com 202-0305 "" 6 7 Cervell¢ Holding, S.A.(1) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 Quijano & Asociados 7 8 CM Realty, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 302-4444 "" 8 9 Commercial Center Fund Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 302-4444 Morgan & Morgan - Ricardo Arias 9 10 Desarrollo Inmobiliario Del Este, S.A. (1) MMG Asset Management Corp. Alexander Petrosky diesa@invbahia.com 303-3333 "" 10 11 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. 11 12 Fideicomiso de Fomento Tur¡stico (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 "" 12 13 Fideicomiso Inmobiliario casas Grandes (1)(3) Autoadministrada Armando Isaac Dames Lee adames@casasgrandes.com.pa 300-1100 "" 13 14 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 Morgan & Morgan - Ricardo Arias 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 15 16 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 Morgan & Morgan - Ricardo Arias 16 17 Fondo General de Inversiones, S.A. BG Investment Co., Inc. Michelle Nu¤ez minu¤ez@bgeneral.com 303-7000 "" 17 18 Fondo General de Retorno Total, S.A. BG Investment Co., Inc. Michelle Nu¤ez minu¤ez@bgeneral.com 303-7000 "" 18 19 Fondo Global de Inversiones, S.A. Global Valores, S.A. Luis A. Cargiulo V. Luis.Cargiulo@GlobalBank.com 206-2000 "" 19 20 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 21 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. 21 22 Green Tower Properties, Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 208-7017 "" 22 23 Grupo Inmobiliario de Capital Privado (GICAP) Ltd.(1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 "" 23 24 Habitats Reit Corp.(3) Autoadministrada Jimmy Bassan jb@hr.com.pa 265-3030 Quijano & Asociados- Luis Miguel Rojer 24 25 IFG Investment Opportunities Fund, Inc. Autoadministrada Fernando Jos‚ Robleto Brenes fernando.robleto@insigniafa.com 202-3075 Morgan & Morgan - Ricardo Arias 25 26 IFG Real Estate Fund Inc (1) (3) Autoadministrada Fernando Jos‚ Robleto Brenes fernando.robleto@insigniafa.com 202-3075 Morgan & Morgan - Ricardo Arias 26 27 Insigneo Private Ventures Fund, S.A. (2) Prival Securities, Inc. F tima Asvat fasvat@prival.com 303-1900 "" 27 28 International Wealth Protection Fund Limited Inc. (3) Autoadministrada Patricia Boyd Zu¤iga pboyd@cwpanama.net 320-4307 "" 28 29 Invertis Global Income Fund, S.A. Invertis Securities, S.A. Zuzel Barrera rdv@invetissecurities.com 214-0000 "" 29 30 Landtribe Capital, S.A. Norfolk Asset Management, S.A. Eduardo Caballero eduardo.caballero@norfolkfg.com 396-1844 "" 30 31 Latam Capital Growth Fund Inc. (3) Autoadministrada Alfredo Monagas amonagas@grupoimalca.com 297-5901 Quijano & Asociados- Luis Miguel Rojer 31 32 Latam Real Estate Growth Fund, Inc.(1)(3) Autoadministrada Harold Garcia ejecutivop@latamrealestatefund.com 253-3612 "" 32 33 Los Andes Fund, S.A.(1) Global Valores, S.A. Angel Nieves angel.Nieves@GlobalBank.com.pa 206-2000 "" 33 34 Los Castillos Real Estate, Inc. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuentes@mmgbank.com 321-9010 "" 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 "" "" 37 38 MMG Fixed Income Fund, S.A. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 "" 38 39 MMG Global Allocation Fund, Inc. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 "" 39 40 MMG Panama Allocation Fund, Inc. MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 265-7600 "" 40 41 Multiprosperity Family of Funds, Inc. Multisecurities, S.A. Rafael Montaner rafael.montaner@multibank.com.pa 294-3500 "" 41 42 NF Real Estate Fund (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 304-6185 Morgan & Morgan - Ricardo Arias 42 43 Panam  Growth Properties Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 "" 43 44 Panama Latam Fixed Income Fund, Inc. (4)(3) Autoadministrada Carlos Vallarino cvallarino@panamalatamfund.com 200-7430 "" 44 45 Panam  Real Estate Development Fund, Inc. (1) (3) Real Estate Investment Management, Corp. Eduardo Caballero eduardo.caballero@norfolkfg.com 390-4555 "" 45 46 Phoenix Real Estate Fund, Inc. (1) Real Estate Investment Management, Corp. Eduardo Caballero eduardo.caballero@norfolkfg.com 380-4550 "" 46 47 Premium Properties International, S.A. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 208-7901 "" 47 48 Prima Sociedad de Inversi¢n Inmobiliaria, S.A. (1) (3) Autoadministrada Salomon Hanono sony@vicsons.com 263-4400 "" 48 49 Prival Bond Fund, S.A. Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 "" 49 50 Prival Private Equity Fund, S.A. (2) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 "" 50 51 Prival Real Estate Fund, S.A. (1) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1900 "" 51 52 PS Multi-Asset Class Fund, Inc. (2) Prival Securities, Inc. Rodolfo Duarte rduarte@prival.com 303-1901 "" 52 53 Real Estate Partners Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 Ana Isabel D¡az 53 54 Regulus Inmobiliaria, S.A. (1) (3) Autoadministrada Lina Valero oficialdecumplimiento@regulusinmobiliaria.com 204-7900 "" 54 55 Retail Space Holdings Corp. (1) MMG Asset Management Corp. Alejandro Cifuentes alejandro.cifuente@mmgbank.com 321-9010 "" 55 56 Seeway Real Estate Trust (1) (3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 "" 56 57 Semah Real Estate Investment Fund, S.A. (1) (3) Autoadministrada Luz Jerome de Quiel juan.masteralli@gmail.com 216-8040 Marelissa Quintero de Stanziola 57 58 Sustainable Urban Revitalization Fund, Inc. Global Valores, S.A. Irving Becerra irving.becerra@globalbank.com.pa 308-5900 "" 58 59 Suvalor Renta Fija Internacional Corto Plazo, S.A. Valores Banistmo, S.A. Jos‚ Hilario L¢pez jose.lopez@banistmo.com 370-8412 "" 59 60 Tagua Fund Inc. Geneva Asset Management, S.A. Joaquin De la Guardia jdelag@genasset.com 210-1430 "" 60 61 Ultra Star, Inc. (1) Global Valores, S.A. Angel Nieves angel.Nieves@GlobalBank.com.pa 206-2000 "" 61 62 Urca Global Fund, Inc. (3) Autoadministrada Luciano Pithon das Virgens lpithon@pithonsa.com 833-7678 "" 62 63 Vantage Properties Trust (1)(3) Expansion Asset Management Neibys Quintero neibys@vantagereit.com 264-2338 ""