PERÚ Ministerio de Economía y Finanzas
SMV
Superintendency of the Market de Valores

“Decade of Equal Opportunities for Women and Men” "Year of the Bicentennial, of the consolidation of our Independence, and of the commemoration of the heroic battles of Junín and Ayacucho"

Resolution of the General Intendancy of Supervision of Entities

No. 115-2024-SMV/10.2

Lima, 10 September 2024

The General Intendant of Supervision of Entities (e)

WHEREAS:

File No. 2024034518 initiated by Core Capital Sociedad Administradora de Fondos S.A., as well as Report No. 1175-2024-SMV/10.2 dated 9 September 2024, from the General Intendancy of Supervision of Entities of the Superintendency of the Securities Market;

CONSIDERING:

That, by Superintendency Resolution No. 068-2017-SMV/02 dated 3 August 2017, authorization to operate was granted to Core Capital Sociedad Administradora de Fondos S.A. to act as an investment fund management company; and, subsequently, by Superintendency Resolution No. 094-2022-SMV/02 dated 13 October 2022, it was authorized to additionally manage mutual funds for investment in securities;

That, by Resolutions of the General Intendancy of Supervision of Entities No. 112-2023-SMV/10.2 and 113-2023-SMV/10.2 dated 28 September 2023, and No. 139-2023-SMV/10.2 dated 11 November 2023, the registrations of the mutual funds for investment in securities named Fondo de Fondos Sabbi Global Public Markets – Agresivo FMIV, Fondo de Fondos Sabbi Global Public Markets – Conservador FMIV and Fondo de Fondos Sabbi Sistemático I FMIV, respectively, were ordered; as well as their corresponding Participation Regulations, Management Contract, simplified prospectuses and annexes to the Participation Regulation, in the Public Registry of the Securities Market;

That, in accordance with article 39, literal a), of the Single Ordered Text of the Securities Market Law, approved by Supreme Decree No. 020-2023-EF, it states that the exclusion of a security from the Public Registry of the Securities Market proceeds at the request of the issuer when the registration of the security originated by its own will;

That, by document submitted on 9 August 2024, Core Capital Sociedad Administradora de Fondos S.A., requested the Superintendency of the Securities Market the exclusion, from the Public Registry of the Securities Market, of the mutual funds detailed in the second recital of this resolution;

That, from the information in the Public Registry of the Securities Market, it has been possible to verify that the referred mutual funds are in a pre-operational stage without having initiated the placement of shares, so their exclusion proceeds in response to the request of the management company, in accordance with the provisions of article 39, literal a), of the Single Ordered Text of the Securities Market Law;

That, in accordance with article 183 of the Regulation of Mutual Funds for Investment in Securities and their Management Companies, in order to exclude a mutual fund from the Public Registry of the Securities Market, the management company must attach a letter from the custodian stating that it has complied with paying all participants of the mutual fund;

That, by document submitted on 2 September, Core Capital Sociedad Administradora de Fondos S.A. attached the letter from the custodian, Banco de Crédito del Perú, in which it states that said management company does not have operational funds under its custody; and that it did not carry out any operation having the aforementioned bank as custodian;

That, from the evaluation of the information and documentation presented, it has been verified that Core Capital Sociedad Administradora de Fondos S.A., has complied with the provisions of article 39, literal a), of the Single Ordered Text of the Securities Market Law, as well as with article 183 of the Regulation of Mutual Funds for Investment in Securities and their Management Companies, as developed in Report No. 1175-2024-SMV/10.2; and,

In accordance with the provisions of article 38, numeral 7, of the Regulation of Organization and Functions of the Superintendency of the Securities Market, approved by Supreme Decree No. 216-2011-EF and its amendments;

RESOLVES:

Article 1.- To order the exclusion of the mutual funds for investment in securities named Fondo de Fondos Sabbi Global Public Markets – Agresivo FMIV, Fondo de Fondos Sabbi Global Public Markets – Conservador FMIV and Fondo de Fondos Sabbi Sistemático I FMIV from the Public Registry of the Securities Market.

Article 2.- To order the dissemination of this resolution on the Securities Market Portal of the Superintendency of the Securities Market (www.gob.pe/smv).

Article 3.- To transcribe this resolution to Core Capital Sociedad Administradora de Fondos S.A. and to Banco de Crédito del Perú, in its capacity as custodian.

Register, communicate and publish.

Signed by: VALDIVIA OCAMPO Alberto FAU Reason:

Alberto Valdivia Ocampo
General Intendant (e)
General Intendancy of Supervision of Entities