DocuSign Envelope ID: 6BE2C4FD-3A9F-433B-B4D4-9DF946B73FF5
FRONT TRUST
INVESTMENT MANAGEMENT
ESSENTIAL FACT
Frontal Trust Administradora General de Fondos S.A.
Santiago, April 5, 2022
Gentlemen
Financial Market Commission
Present
Ref.: Reports Essential Fact of “Fund of
Investment Preferential Return Fundamenta Plaza
Egaña”.
From our consideration:
By means of the present, and in compliance with the provisions of article 18 of Law N2 20,712,
Articles 9 and 10, second paragraph, of Law N2 18,045, and Section Il of General Rule N2 30
of the Financial Market Commission, in my capacity as Chief Executive Officer of Frontal Trust
Administradora General de Fondos S.A., administradora de “Fondo de Inversión Retorno Preferente
Fundamenta Plaza Egaña” (hereinafter, also, the “
The following is essential:
Merits”), I communicate to you in fact
In relation to the real estate project called “Eco-Egaña” or “Egaña-Sustainable Community” (in
Po
hereafter, the “Project”), developed by the company Plaza Egaña SpA, managed by Inmobiliaria
Based on the fact that the Fund invests its resources, we inform that, in a session held on 4
April 2022 the Environmental Assessment Commission of the Metropolitan Region (hereinafter, the “Commission”)
decided to rate the Project unfavorably. It is important to keep in mind that the Project has
Resolution of Environmental Qualification approved unanimously by the Commission in the month of May of the
year 2019 (RCA N*222/2019).
Then, it is important to bear in mind that the resolution to which the Commission’s agreement gives rise, before
It has not yet been notified to Plaza Egaña SpA, and therefore to date it is not possible to know the
Scope of the same, so that the concrete measures against this matter will depend on the knowledge
| | | TF. +562 24369000 w. frontaltrust.cl d. Av. Presidente Riesco 5561, Of. 1601, Las Condes.
DocuSign Envelope ID: 6BE2C4FD-3A9F-433B-B4D4-9DF946B73FF5
FRONT TRUST
INVESTMENT MANAGEMENT
effective of such resolution, without prejudice to the fact that this administrator is already analyzing
Alternatives.
Finally, on account of the Commission’s unfavourable rating reported above, Plaza Egaña
SpA, with this date, sent a notice of early termination to the construction contract of the Project
concluded with Empresa Constructora DLP S.A., due to the impossibility of continuing the execution of the same
for reasons of force majeure, beyond the control of the parties.
Yours sincerely yours,
DocuSigned by:
Carmun Vicuña
52DAC1611030488,
Carmen Vicuña Vergara
General Manager
Frontal Trust Administradora General de Fondos S.A.
| | | TF. +562 24369000 w. frontaltrust.cl d. Av. Presidente Riesco 5561, Of. 1601, Las Condes.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=54446adf427d35791f5c4777ea081cffVFdwQmVVMXFRVEJOUkVWNlRXcFZORTVuUFQwPQ==&secuencia=-1&t=1682376108
