| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Allison Transmission | 17,375 | 34,375 | 57.85 | 3.90 | 17,000 | 30.02 | 2.11 |
| Bollore Logistics | 0 | 452,000 | 50.50 | 3.41 | 452,000 | 48.89 | 3.43 |
| Auto Total | 17,375 | 486,375 | 108.36 | 7.31 | 469,000 | 78.91 | 5.53 |
| Absa Group Ltd. | 20,000 | 60,000 | 10.54 | 0.71 | 40,000 | 7.06 | 0.49 |
| FirstRand Ltd. | 0 | 1,182,040 | 90.10 | 6.08 | 1,182,040 | 85.01 | 5.96 |
| Investec plc | 0 | 199,710 | 26.38 | 1.78 | 199,710 | 22.55 | 1.58 |
| Banks Total | 20,000 | 1,441,750 | 127.01 | 8.57 | 1,421,750 | 114.62 | 8.04 |
| Agnico-Eagle Mines Ltd | 0 | 8,518 | 17.61 | 1.19 | 8,518 | 16.75 | 1.17 |
| Alamos Gold Inc | 0 | 28,000 | 12.74 | 0.86 | 28,000 | 13.68 | 0.96 |
| Barrick Gold | -16,145 | 0 | 0.00 | 0.00 | 16,145 | 5.68 | 0.40 |
| Basic Resources Total | -16,145 | 36,518 | 30.35 | 2.05 | 52,663 | 36.11 | 2.53 |
| iShares USD Treasury Bond 3-7yr UCITS ETF | 0 | 8,502 | 17.97 | 1.21 | 8,502 | 18.44 | 1.29 |
| Bonds Total | 0 | 8,502 | 17.97 | 1.21 | 8,502 | 18.44 | 1.29 |
| Cash on call | 0 | 0 | 14.79 | 1.00 | 0 | 39.86 | 2.79 |
| Cash on call Total | 0 | 0 | 14.79 | 1.00 | 0 | 39.86 | 2.79 |
| CF Industries Holdings Inc | -2,393 | 13,607 | 22.01 | 1.48 | 16,000 | 22.77 | 1.60 |
| Chemicals Total | -2,393 | 13,607 | 22.01 | 1.48 | 16,000 | 22.77 | 1.60 |
| Newmont Mining Corp. (NMC) | -5,471 | 0 | 0.00 | 0.00 | 5,471 | 4.84 | 0.34 |
| Construction Total | -5,471 | 0 | 0.00 | 0.00 | 5,471 | 4.84 | 0.34 |
| Alphabet Inc A | 0 | 8,350 | 26.50 | 1.79 | 8,350 | 23.69 | 1.66 |
| Booking Holdings | -47 | 523 | 52.94 | 3.57 | 570 | 48.57 | 3.41 |
| Crocs Inc | 5,480 | 12,727 | 23.31 | 1.57 | 7,247 | 14.12 | 0.99 |
| McDonald's Corporation | 0 | 3,997 | 20.72 | 1.40 | 3,997 | 22.57 | 1.58 |
| Cyclical Goods & Services Total | 5,433 | 25,597 | 123.47 | 8.33 | 20,164 | 108.95 | 7.64 |
| Glencore International PLC | 0 | 86,093 | 5.97 | 0.40 | 86,093 | 5.75 | 0.40 |
| Energy Total | 0 | 86,093 | 5.97 | 0.40 | 86,093 | 5.75 | 0.40 |
| NewGold | 10,650 | 70,349 | 38.05 | 2.57 | 59,699 | 31.79 | 2.23 |
| Exchange Traded Funds Total | 10,650 | 70,349 | 38.05 | 2.57 | 59,699 | 31.79 | 2.23 |
| Domino' S Pizza, Inc | 0 | 181,000 | 11.40 | 0.77 | 181,000 | 12.25 | 0.86 |
| Food & Beverage Total | 0 | 181,000 | 11.40 | 0.77 | 181,000 | 12.25 | 0.86 |
| European - Currency | 0 | 0 | 0.76 | 0.05 | 0 | 0.40 | 0.03 |
| United Kingdom - Currency | 0 | 0 | 1.53 | 0.10 | 0 | 0.85 | 0.06 |
| USA - Currency | 0 | 0 | 2.11 | 0.14 | 0 | 31.84 | 2.23 |
| For Currency Total | 0 | 0 | 4.40 | 0.30 | 0 | 33.08 | 2.32 |
| Foreign - Bonds | 0 | 0 | 96.66 | 6.52 | 0 | 81.13 | 5.69 |
| Foreign - Equities | 0 | 0 | 53.30 | 3.59 | 0 | 29.72 | 2.08 |
| Foreign - Unit Trusts | 0 | 0 | 132.68 | 8.95 | 0 | 110.24 | 7.73 |
| Foreign Invest Total | 0 | 0 | 282.64 | 19.06 | 0 | 221.09 | 15.50 |
| Paychex Incorporated | -721 | 9,129 | 23.36 | 1.58 | 9,850 | 27.35 | 1.92 |
| Goods & Services Total | -721 | 9,129 | 23.36 | 1.58 | 9,850 | 27.35 | 1.92 |
| McKesson HBOC Incorporated | 0 | 3,400 | 43.90 | 2.96 | 3,400 | 41.79 | 2.93 |
| Healthcare Total | 0 | 3,400 | 43.90 | 2.96 | 3,400 | 41.79 | 2.93 |
| Laurium BCI Strategic Income - B | 212,301 | 11,445,819 | 12.26 | 0.83 | 11,233,518 | 11.93 | 0.84 |
| Methodical BCI Income - B1 | 18,219 | 1,086,356 | 12.02 | 0.81 | 1,068,137 | 11.69 | 0.82 |
| PortfolioMetrix BCI Dynamic Income - B | 7,153,095 | 24,739,085 | 27.33 | 1.84 | 17,585,990 | 19.04 | 1.34 |
| Income Total | 7,383,615 | 37,271,260 | 51.61 | 3.48 | 29,887,645 | 42.66 | 2.99 |
| Afrimat Ltd. | 170,000 | 210,000 | 9.32 | 0.63 | 40,000 | 2.33 | 0.16 |
| Copper 360 Ltd. | 0 | 549,989 | 0.84 | 0.06 | 549,989 | 1.05 | 0.07 |
| Glencore plc | 50,000 | 330,000 | 22.90 | 1.54 | 280,000 | 18.74 | 1.31 |
| Industrial Metals and Mining Total | 220,000 | 1,089,989 | 33.06 | 2.23 | 869,989 | 22.13 | 1.55 |
| Grindrod Ltd. | 100,000 | 927,231 | 11.66 | 0.79 | 827,231 | 10.08 | 0.71 |
| Industrial Transportation Total | 100,000 | 927,231 | 11.66 | 0.79 | 827,231 | 10.08 | 0.71 |
| Berkshire Hathaway Inc | -268 | 4,232 | 36.54 | 2.46 | 4,500 | 43.54 | 3.05 |
| Elevance Health Inc | 367 | 5,467 | 37.08 | 2.50 | 5,100 | 40.51 | 2.84 |
| Insurance Total | 99 | 9,699 | 73.62 | 4.96 | 9,600 | 84.05 | 5.89 |
| Coronation Fund Managers Ltd. | 0 | 335,000 | 13.21 | 0.89 | 335,000 | 13.04 | 0.91 |
| Reinet Investments SCA | -2,000 | 65,926 | 37.91 | 2.56 | 67,926 | 30.45 | 2.13 |
| Investment Banking and Brokerage Services Total | -2,000 | 400,926 | 51.12 | 3.45 | 402,926 | 43.48 | 3.05 |
| Warner Bros. Discovery International | 10,000 | 160,000 | 32.14 | 2.17 | 150,000 | 28.60 | 2.01 |
| Media Total | 10,000 | 160,000 | 32.14 | 2.17 | 150,000 | 28.60 | 2.01 |
| EQT Corp | -14,464 | 0 | 0.00 | 0.00 | 14,464 | 14.10 | 0.99 |
| Oil and Gas Total | -14,464 | 0 | 0.00 | 0.00 | 14,464 | 14.10 | 0.99 |
| Bid Corporation Ltd. | -8,000 | 92,000 | 43.44 | 2.93 | 100,000 | 43.98 | 3.08 |
| Boxer Retail Ltd. | 60,000 | 60,000 | 4.13 | 0.28 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 52,000 | 152,000 | 47.57 | 3.21 | 100,000 | 43.98 | 3.08 |
| Compagnie Financière Richemont SA | -4,000 | 20,000 | 66.63 | 4.49 | 24,000 | 76.66 | 5.37 |
| Personal Goods Total | -4,000 | 20,000 | 66.63 | 4.49 | 24,000 | 76.66 | 5.37 |
| Diageo | 9,378 | 52,878 | 23.46 | 1.58 | 43,500 | 21.05 | 1.48 |
| Lululemon Athletica Incorporated | 1,114 | 6,199 | 25.90 | 1.75 | 5,085 | 27.40 | 1.92 |
| Retail Total | 10,492 | 59,077 | 49.36 | 3.33 | 48,585 | 48.45 | 3.40 |
| Naspers Ltd. | 0 | 5,500 | 30.48 | 2.06 | 5,500 | 24.98 | 1.75 |
| Prosus NV | 0 | 131,979 | 130.70 | 8.81 | 131,979 | 111.11 | 7.79 |
| Software and Computer Services Total | 0 | 137,479 | 161.19 | 10.87 | 137,479 | 136.09 | 9.54 |
| Match Group, Inc. | -37,400 | 0 | 0.00 | 0.00 | 37,400 | 21.06 | 1.48 |
| Technology Total | -37,400 | 0 | 0.00 | 0.00 | 37,400 | 21.06 | 1.48 |
| British American Tobacco plc | -15,000 | 60,000 | 51.28 | 3.46 | 75,000 | 57.31 | 4.02 |
| Tobacco Total | -15,000 | 60,000 | 51.28 | 3.46 | 75,000 | 57.31 | 4.02 |
| Portfolio Total | 7,732,070 | 42,649,981 | 1,482.94 | 100.00 | 34,917,911 | 1,426.25 | 100.00 |