| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Copart Inc Com | 3,685 | 12,003 | 7.84 | 0.96 | 8,318 | 6.41 | 0.78 |
| DSV Panalpina | 441 | 4,673 | 19.65 | 2.40 | 4,232 | 14.60 | 1.78 |
| Auto Total | 4,126 | 16,676 | 27.49 | 3.35 | 12,550 | 21.01 | 2.56 |
| Northstar Global Income Fund | 0 | 4,033,385 | 78.82 | 9.61 | 4,033,385 | 80.91 | 9.85 |
| Bonds Total | 0 | 4,033,385 | 78.82 | 9.61 | 4,033,385 | 80.91 | 9.85 |
| BlackRock ICS Euro Liquidity Fund | 0 | 1,393 | 2.90 | 0.35 | 1,393 | 3.01 | 0.37 |
| Cash Total | 0 | 1,393 | 2.90 | 0.35 | 1,393 | 3.01 | 0.37 |
| Cash on call | 0 | 0 | 4.47 | 0.55 | 0 | 3.47 | 0.42 |
| Cash on call Total | 0 | 0 | 4.47 | 0.55 | 0 | 3.47 | 0.42 |
| Thermo Fisher Scientific Inc | -781 | 1,597 | 15.42 | 1.88 | 2,378 | 19.00 | 2.31 |
| Chemicals Total | -781 | 1,597 | 15.42 | 1.88 | 2,378 | 19.00 | 2.31 |
| Alibaba Group Holdings Limited | -1,322 | 0 | 0.00 | 0.00 | 1,322 | 4.11 | 0.50 |
| Consumer Services Total | -1,322 | 0 | 0.00 | 0.00 | 1,322 | 4.11 | 0.50 |
| Accor SA | 81 | 13,547 | 12.67 | 1.55 | 13,466 | 10.98 | 1.34 |
| Alphabet Inc C | -1,928 | 2,299 | 11.96 | 1.46 | 4,227 | 17.85 | 2.17 |
| Brown-Forman Corporation | -3,410 | 0 | 0.01 | 0.00 | 3,410 | 1.60 | 0.20 |
| Evolution Gaming Group | 1,190 | 13,397 | 15.17 | 1.85 | 12,207 | 17.80 | 2.17 |
| JONES LANG LASALLE | -418 | 0 | 0.00 | 0.00 | 418 | 2.17 | 0.26 |
| L'Oreal | -90 | 1,834 | 13.11 | 1.60 | 1,924 | 14.32 | 1.74 |
| Reckitt Benckiser | -363 | 17,135 | 22.91 | 2.79 | 17,498 | 23.14 | 2.82 |
| Tencent Holdings Ltd | -1,389 | 5,302 | 6.76 | 0.82 | 6,691 | 9.83 | 1.20 |
| Cyclical Goods & Services Total | -6,327 | 53,514 | 82.58 | 10.07 | 59,841 | 97.70 | 11.89 |
| Intertek Group Plc | -449 | 13,263 | 13.67 | 1.67 | 13,712 | 15.13 | 1.84 |
| Energy Total | -449 | 13,263 | 13.67 | 1.67 | 13,712 | 15.13 | 1.84 |
| Essilor International | -697 | 0 | 0.00 | 0.00 | 697 | 3.91 | 0.48 |
| LVMH Moet Hennessy | -744 | 902 | 11.27 | 1.37 | 1,646 | 17.37 | 2.11 |
| Equities Total | -1,441 | 902 | 11.27 | 1.37 | 2,343 | 21.28 | 2.59 |
| Blackstone Group LP | -76 | 1,320 | 3.38 | 0.41 | 1,396 | 4.25 | 0.52 |
| Corpay Inc | 1,306 | 2,373 | 11.97 | 1.46 | 1,067 | 5.46 | 0.66 |
| Fair Isaac Corporation | -353 | 0 | 0.00 | 0.00 | 353 | 9.31 | 1.13 |
| London Stock Exchange Group Plc | 2,469 | 4,775 | 9.52 | 1.16 | 2,306 | 4.56 | 0.56 |
| Mastercard Inc | 455 | 2,168 | 20.70 | 2.52 | 1,713 | 16.82 | 2.05 |
| Moody's Corporation | 0 | 376 | 3.21 | 0.39 | 376 | 3.12 | 0.38 |
| Schwab Charles Corporation | 0 | 1,421 | 2.36 | 0.29 | 1,421 | 2.38 | 0.29 |
| Financial Services Total | 3,801 | 12,433 | 51.15 | 6.24 | 8,632 | 45.90 | 5.59 |
| S&P Global Inc | 629 | 629 | 5.49 | 0.67 | 0 | 0.00 | 0.00 |
| Financials Total | 629 | 629 | 5.49 | 0.67 | 0 | 0.00 | 0.00 |
| Anheuser Busch InBev | 0 | 6,839 | 7.31 | 0.89 | 6,839 | 7.07 | 0.86 |
| Chipotle Mexican Grill Inc | 2,180 | 25,673 | 15.73 | 1.92 | 23,493 | 16.20 | 1.97 |
| Magnum Ice Cream Company NV | 792 | 792 | 0.21 | 0.03 | 0 | 0.00 | 0.00 |
| Nestle SA | -870 | 1,136 | 1.87 | 0.23 | 2,006 | 3.18 | 0.39 |
| Unilever plc | -440 | 3,520 | 3.81 | 0.46 | 3,960 | 4.03 | 0.49 |
| Food & Beverage Total | 1,662 | 37,960 | 28.92 | 3.53 | 36,298 | 30.48 | 3.71 |
| Canada - Currency | 0 | 0 | 0.38 | 0.05 | 0 | 0.00 | 0.00 |
| Denmark - Currency | 0 | 0 | 2.29 | 0.28 | 0 | 0.44 | 0.05 |
| European - Currency | 0 | 0 | 22.23 | 2.71 | 0 | 12.27 | 1.49 |
| Japan - Currency | 0 | 0 | 28.75 | 3.51 | 0 | 31.79 | 3.87 |
| Sweden - Currency | 0 | 0 | 1.55 | 0.19 | 0 | 2.88 | 0.35 |
| Switzerland - Currency | 0 | 0 | 7.15 | 0.87 | 0 | 2.59 | 0.31 |
| United Kingdom - Currency | 0 | 0 | 1.64 | 0.20 | 0 | 3.84 | 0.47 |
| USA - Currency | 0 | 0 | 27.56 | 3.36 | 0 | 49.74 | 6.05 |
| For Currency Total | 0 | 0 | 91.54 | 11.16 | 0 | 103.55 | 12.60 |
| Foreign - Bonds | 0 | 0 | 79.14 | 9.65 | 0 | 56.85 | 6.92 |
| Foreign - Equities | 0 | 0 | 37.53 | 4.58 | 0 | 32.42 | 3.95 |
| Foreign Invest Total | 0 | 0 | 116.67 | 14.23 | 0 | 89.28 | 10.87 |
| Equity | 0 | 0 | 0.05 | 0.01 | 0 | 0.00 | 0.00 |
| General Equity Total | 0 | 0 | 0.05 | 0.01 | 0 | 0.00 | 0.00 |
| Airbus Group NV | -851 | 2,329 | 8.99 | 1.10 | 3,180 | 12.67 | 1.54 |
| ASML Holding NV | -570 | 621 | 11.10 | 1.35 | 1,191 | 19.96 | 2.43 |
| British American Tobacco Corporation | -1,617 | 3,469 | 3.30 | 0.40 | 5,086 | 4.63 | 0.56 |
| Danaher Corporation | -192 | 3,125 | 11.93 | 1.46 | 3,317 | 10.68 | 1.30 |
| Estee Lauder Companies Inc | -198 | 4,961 | 8.68 | 1.06 | 5,159 | 7.95 | 0.97 |
| Philip Morris International | -75 | 2,073 | 5.59 | 0.68 | 2,148 | 6.05 | 0.74 |
| Samsung Electronics NV | -116 | 48 | 1.64 | 0.20 | 164 | 4.21 | 0.51 |
| TransDigm Group Inc | 62 | 349 | 7.60 | 0.93 | 287 | 6.39 | 0.78 |
| Goods & Services Total | -3,557 | 16,975 | 58.84 | 7.17 | 20,532 | 72.54 | 8.83 |
| Edwards Lifescience | -964 | 0 | 0.00 | 0.00 | 964 | 1.29 | 0.16 |
| Intuitive Surgical Inc | 0 | 440 | 4.17 | 0.51 | 440 | 3.34 | 0.41 |
| Johnson & Johnson | -2,436 | 1,061 | 3.63 | 0.44 | 3,497 | 10.98 | 1.34 |
| Medtronic Incorporated | -2,423 | 6,878 | 11.06 | 1.35 | 9,301 | 15.19 | 1.85 |
| Novo-Nordisk A/S | 0 | 6,198 | 5.25 | 0.64 | 6,198 | 5.81 | 0.71 |
| Roche Holding AG | -488 | 1,621 | 11.10 | 1.35 | 2,109 | 11.74 | 1.43 |
| Ulta Beauty Inc | -169 | 238 | 2.39 | 0.29 | 407 | 3.89 | 0.47 |
| Zimmer Biomet Holdings Inc | 3,001 | 8,687 | 13.07 | 1.59 | 5,686 | 9.67 | 1.18 |
| Healthcare Total | -3,479 | 25,123 | 50.66 | 6.18 | 28,602 | 61.91 | 7.54 |
| Berkshire Hathaway Inc | 0 | 335 | 2.79 | 0.34 | 335 | 2.89 | 0.35 |
| Elevance Health Inc | -138 | 3,341 | 19.27 | 2.35 | 3,479 | 19.22 | 2.34 |
| Insurance Total | -138 | 3,676 | 22.06 | 2.69 | 3,814 | 22.11 | 2.69 |
| Walt Disney Company | 1,634 | 5,551 | 10.59 | 1.29 | 3,917 | 7.77 | 0.95 |
| Media Total | 1,634 | 5,551 | 10.59 | 1.29 | 3,917 | 7.77 | 0.95 |
| Freedom Property Fund Ltd. | -645,000 | 0 | 0.00 | 0.00 | 645,000 | 0.05 | 0.01 |
| Real Estate Investment and Services Total | -645,000 | 0 | 0.00 | 0.00 | 645,000 | 0.05 | 0.01 |
| Sirius Real Estate Ltd. | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Diageo | 13,397 | 13,397 | 4.78 | 0.58 | 0 | 0.00 | 0.00 |
| Lululemon Athletica Incorporated | 414 | 414 | 1.44 | 0.18 | 0 | 0.00 | 0.00 |
| Visa Inc | 1,056 | 4,272 | 24.98 | 3.05 | 3,216 | 18.91 | 2.30 |
| Retail Total | 14,867 | 18,083 | 31.21 | 3.81 | 3,216 | 18.91 | 2.30 |
| Adobe Systems | 265 | 3,398 | 19.81 | 2.42 | 3,133 | 19.46 | 2.37 |
| Amazon.Com | -263 | 4,388 | 16.87 | 2.06 | 4,651 | 17.86 | 2.17 |
| Apple Computer Company | -55 | 725 | 3.27 | 0.40 | 780 | 3.43 | 0.42 |
| Cognizant Technology Solutions Corp | -1,385 | 6,726 | 9.36 | 1.14 | 8,111 | 9.40 | 1.14 |
| Constellation Software | 350 | 350 | 14.01 | 1.71 | 0 | 0.00 | 0.00 |
| Crowdstrike Holdings | -178 | 0 | 0.00 | 0.00 | 178 | 1.50 | 0.18 |
| L3 Technologies | -350 | 862 | 4.21 | 0.51 | 1,212 | 6.22 | 0.76 |
| Meta Platforms Inc | 149 | 149 | 1.64 | 0.20 | 0 | 0.00 | 0.00 |
| Microsoft Corporation | -81 | 1,694 | 13.66 | 1.67 | 1,775 | 15.79 | 1.92 |
| Nvidia Corporation | 108 | 2,749 | 8.53 | 1.04 | 2,641 | 8.30 | 1.01 |
| Oracle Corporation | 0 | 833 | 2.72 | 0.33 | 833 | 4.07 | 0.50 |
| Palo Alto Networks Inc | -705 | 3,474 | 10.74 | 1.31 | 4,179 | 14.73 | 1.79 |
| SAP AG | 1,556 | 1,556 | 6.30 | 0.77 | 0 | 0.00 | 0.00 |
| The Trade Desk Inc | 4,836 | 8,105 | 5.11 | 0.62 | 3,269 | 2.80 | 0.34 |
| Technology Total | 4,247 | 35,009 | 116.23 | 14.17 | 30,762 | 103.57 | 12.60 |
| Portfolio Total | -631,528 | 4,276,169 | 820.01 | 100.00 | 4,907,697 | 821.67 | 100.00 |