Individual decision · SMV · 8 Apr 2026
The Securities Market Superintendence authorizes the collective fund program named "Santander Avanza 120" and its corresponding contract model for Santander Empresa Administradora de Fondos Colectivos S.A. The resolution mandates the inscription of this program in the Special Registry of Other Entities under the SMV's jurisdiction. It further requires the publication of the resolution on the Securities Market Portal and its transcription to the authorized fund administrator.
PERU Ministry of Economy and Finance
SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" Electronically signed document in the framework of Law No. 27269, Law of Digital Signatures and Certificates, its Regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml General Supervision of Entities Resolution No. 057-2026-SMV/10.2 Lima, April 08, 2026 The General Superintendent of Entity Supervision HAVING SEEN:
File No. 2026006410 initiated by Santander
Collective Fund Administrator Company S.A., as well as Report No. 537-2026- SMV/10.2 of the General Supervision of Entities of the Prudential Supervision Superintendence; CONSIDERING:
That, through writings presented until April 06, 2026, Santander Collective Fund Administrator Company S.A. requested from the Securities Market Superintendence the authorization of the program to be named "Santander Avanza 120" and its respective contract model; That, from the evaluation of the documentation presented, it has been determined that Santander Collective Fund Administrator Company S.A. has complied with: (i) what is established in articles 19, 20 and 95 of the Regulations of the Collective Fund System and its Administrator Companies, approved by Resolution SMV No. 020-2014-SMV/01 and its amendments; and, (ii) the Single Text of Administrative Procedures of the Securities Market Superintendence, approved by Supreme Decree No. 115-2025-EF. This, for the authorization of the program to be named "Santander Avanza 120" and its respective contract model, as well as for its inscription in the Special Registry of Other Entities under the competence of the SMV; as developed in Report No. 537-2026-SMV/10.2; and, Being in accordance with what is established in article 38, numeral 5, items ix and x, of the Regulations on Organization and Functions of the Securities Market Superintendence, approved by Supreme Decree No. 216-2011-EF and its amendments; RESOLVES:
Article 1.- Authorize the program named
"Santander Avanza 120", as well as its respective contract model, and order its inscription in the Special Registry of Other Entities under the competence of the SMV.
PERU Ministry of Economy and Finance
SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" Electronically signed document in the framework of Law No. 27269, Law of Digital Signatures and Certificates, its Regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml
Article 2.- Order the dissemination of this resolution
in the Securities Market Portal of the Securities Market Superintendence (www.gob.pe/smv).
Article 3.- Transcribe this resolution to
Santander Collective Fund Administrator Company S.A.
Register, communicate and publish.
Armando Manco Manco
General Superintendent
General Supervision of Entities
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“Being in accordance with what is established in article 38, numeral 5, items ix and x, of the Regulations on Organization and Functions of the Securities Market Superintendence, approved by Supreme Decree No. 216-2011-EF and its amendments”
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