| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Energy Fuels Inc | -8,663 | 0 | 0.00 | 0.00 | 8,663 | 2.09 | 1.81 |
| Hecla Mining Co | 1,285 | 7,129 | 2.27 | 1.72 | 5,844 | 1.86 | 1.61 |
| Basic Resources Total | -7,378 | 7,129 | 2.27 | 1.72 | 14,507 | 3.95 | 3.43 |
| SA Bond I2033 | 0 | 1,763,000 | 2.46 | 1.86 | 1,763,000 | 2.50 | 2.17 |
| SA Bond R2032 | 0 | 5,950,000 | 5.81 | 4.41 | 5,950,000 | 6.23 | 5.41 |
| SA Bond R2035 | 0 | 5,324,880 | 5.28 | 4.00 | 5,324,880 | 5.71 | 4.96 |
| Bond Total | 0 | 13,037,880 | 13.55 | 10.27 | 13,037,880 | 14.44 | 12.54 |
| Cash on call | 0 | 0 | 10.71 | 8.12 | 0 | 6.61 | 5.74 |
| Margin Account | 0 | 0 | 0.92 | 0.70 | 0 | 0.18 | 0.15 |
| Cash on call Total | 0 | 0 | 11.63 | 8.82 | 0 | 6.78 | 5.89 |
| Sasol Ltd. | -1,491 | 14,736 | 3.32 | 2.52 | 16,227 | 1.72 | 1.50 |
| Chemicals Total | -1,491 | 14,736 | 3.32 | 2.52 | 16,227 | 1.72 | 1.50 |
| SanDisk Corporation | 235 | 235 | 2.56 | 1.94 | 0 | 0.00 | 0.00 |
| Cyclical Goods & Services Total | 235 | 235 | 2.56 | 1.94 | 0 | 0.00 | 0.00 |
| Centrus Energy Corporation | -360 | 93 | 0.28 | 0.21 | 453 | 1.82 | 1.58 |
| Energy Total | -360 | 93 | 0.28 | 0.21 | 453 | 1.82 | 1.58 |
| SPDR S&P 500 ETF | 261 | 437 | 4.86 | 3.69 | 176 | 1.99 | 1.73 |
| Vanguard FTSE Developed Markets ETF | 3,335 | 14,696 | 16.12 | 12.21 | 11,361 | 11.76 | 10.21 |
| Equities Total | 3,596 | 15,133 | 20.98 | 15.90 | 11,537 | 13.75 | 11.94 |
| 1nvestGold ETF | 4,115 | 13,096 | 9.92 | 7.52 | 8,981 | 6.23 | 5.41 |
| Satrix JSE Global Equity ETF | -19,470 | 41,333 | 4.15 | 3.14 | 60,803 | 5.94 | 5.16 |
| Exchange Traded Funds Total | -15,355 | 54,429 | 14.07 | 10.66 | 69,784 | 12.18 | 10.58 |
| Cipher Mining Inc | 1,690 | 10,875 | 2.40 | 1.82 | 9,185 | 2.25 | 1.95 |
| Robinhood Markets Inc | -562 | 0 | 0.00 | 0.00 | 562 | 1.05 | 0.91 |
| Financial Services Total | 1,128 | 10,875 | 2.40 | 1.82 | 9,747 | 3.30 | 2.87 |
| USA - Currency | 0 | 0 | 0.61 | 0.47 | 0 | 0.97 | 0.85 |
| For Currency Total | 0 | 0 | 0.61 | 0.47 | 0 | 0.97 | 0.85 |
| Bloom Energy Company | 93 | 1,281 | 2.97 | 2.25 | 1,188 | 1.71 | 1.49 |
| Coherent Corp | 343 | 343 | 1.40 | 1.06 | 0 | 0.00 | 0.00 |
| QuantumScape | -6,194 | 0 | 0.00 | 0.00 | 6,194 | 1.07 | 0.93 |
| Goods & Services Total | -5,758 | 1,624 | 4.37 | 3.31 | 7,382 | 2.78 | 2.41 |
| Revolution Medicines Inc | 181 | 181 | 0.30 | 0.23 | 0 | 0.00 | 0.00 |
| Healthcare Total | 181 | 181 | 0.30 | 0.23 | 0 | 0.00 | 0.00 |
| Anglo American plc | -569 | 528 | 0.38 | 0.29 | 1,097 | 0.75 | 0.65 |
| Glencore plc | 28,814 | 28,814 | 3.69 | 2.79 | 0 | 0.00 | 0.00 |
| South32 Ltd. | 34,813 | 34,813 | 1.78 | 1.35 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 63,058 | 64,155 | 5.84 | 4.43 | 1,097 | 0.75 | 0.65 |
| Grindrod Ltd. | 26,695 | 42,127 | 0.79 | 0.60 | 15,432 | 0.26 | 0.23 |
| Super Group Ltd. | -5,173 | 0 | 0.00 | 0.00 | 5,173 | 0.10 | 0.09 |
| Industrial Transportation Total | 21,522 | 42,127 | 0.79 | 0.60 | 20,605 | 0.36 | 0.31 |
| Ninety One plc | -367 | 0 | 0.00 | 0.00 | 367 | 0.02 | 0.02 |
| Investment Banking and Brokerage Services Total | -367 | 0 | 0.00 | 0.00 | 367 | 0.02 | 0.02 |
| Warner Bros. Discovery International | -595 | 0 | 0.00 | 0.00 | 595 | 0.28 | 0.25 |
| Media Total | -595 | 0 | 0.00 | 0.00 | 595 | 0.28 | 0.25 |
| Thungela Resources Ltd. | 17,634 | 17,634 | 2.96 | 2.24 | 0 | 0.00 | 0.00 |
| Oil, Gas and Coal Total | 17,634 | 17,634 | 2.96 | 2.24 | 0 | 0.00 | 0.00 |
| AngloGold Ashanti plc | 1,909 | 1,909 | 3.14 | 2.38 | 0 | 0.00 | 0.00 |
| Gold Fields Ltd. | 2,484 | 2,484 | 1.89 | 1.43 | 0 | 0.00 | 0.00 |
| Impala Platinum Holdings Ltd. | -27,731 | 9,783 | 2.34 | 1.77 | 37,514 | 9.83 | 8.54 |
| Northam Platinum Holdings Ltd. | -23,920 | 9,463 | 3.22 | 2.44 | 33,383 | 11.25 | 9.77 |
| Valterra Platinum Ltd. | -4,867 | 2,198 | 3.08 | 2.33 | 7,065 | 9.96 | 8.65 |
| Precious Metals and Mining Total | -52,125 | 25,837 | 13.66 | 10.35 | 77,962 | 31.04 | 26.96 |
| NEPI Rockcastle NV | 8,100 | 19,790 | 2.69 | 2.04 | 11,690 | 1.70 | 1.48 |
| Real Estate Investment and Services Total | 8,100 | 19,790 | 2.69 | 2.04 | 11,690 | 1.70 | 1.48 |
| Hammerson plc | -128 | 0 | 0.00 | 0.00 | 128 | 0.01 | 0.01 |
| Shaftesbury Capital plc | 37,000 | 72,000 | 2.09 | 1.58 | 35,000 | 1.13 | 0.98 |
| Sirius Real Estate Ltd. | 52,000 | 120,693 | 2.55 | 1.93 | 68,693 | 1.49 | 1.29 |
| Real Estate Investment Trusts Total | 88,872 | 192,693 | 4.63 | 3.51 | 103,821 | 2.63 | 2.29 |
| Wayfair Inc | -206 | 0 | 0.00 | 0.00 | 206 | 0.34 | 0.30 |
| Retail Total | -206 | 0 | 0.00 | 0.00 | 206 | 0.34 | 0.30 |
| Bytes Technology Group plc | -69 | 0 | 0.00 | 0.00 | 69 | 0.01 | 0.00 |
| Datatec Ltd. | -4,673 | 2,107 | 0.15 | 0.11 | 6,780 | 0.54 | 0.47 |
| Prosus NV | -106 | 0 | 0.00 | 0.00 | 106 | 0.11 | 0.09 |
| Software and Computer Services Total | -4,848 | 2,107 | 0.15 | 0.11 | 6,955 | 0.65 | 0.56 |
| Applied Digital Corporation | 538 | 5,787 | 2.35 | 1.78 | 5,249 | 2.13 | 1.85 |
| Ciena Corporation | 328 | 521 | 3.46 | 2.62 | 193 | 0.75 | 0.65 |
| Credo Technology Group Holding | -227 | 0 | 0.00 | 0.00 | 227 | 0.54 | 0.47 |
| Hut 8 Mining Corp | 1,218 | 1,399 | 1.12 | 0.85 | 181 | 0.14 | 0.12 |
| Kratos Defense & Security Solutions Inc. | -1,055 | 81 | 0.10 | 0.07 | 1,136 | 1.43 | 1.24 |
| Micron Technology | 376 | 444 | 2.57 | 1.95 | 68 | 0.32 | 0.28 |
| Palantir Technologies | -47 | 0 | 0.00 | 0.00 | 47 | 0.14 | 0.12 |
| Planet Labs PBC | 1,410 | 1,410 | 0.67 | 0.51 | 0 | 0.00 | 0.00 |
| Rigetti Computing Inc | -1,638 | 0 | 0.00 | 0.00 | 1,638 | 0.60 | 0.52 |
| Teradyne Incorporated | 619 | 619 | 3.14 | 2.38 | 0 | 0.00 | 0.00 |
| Western Digital Corporation | -211 | 978 | 4.53 | 3.43 | 1,189 | 3.39 | 2.95 |
| Technology Total | 1,311 | 11,239 | 17.95 | 13.60 | 9,928 | 9.44 | 8.20 |
| AST SpaceMobile Inc | -466 | 428 | 0.61 | 0.46 | 894 | 1.08 | 0.93 |
| Lumentum Holdings Inc. | -190 | 393 | 4.73 | 3.58 | 583 | 3.56 | 3.09 |
| Telecom Total | -656 | 821 | 5.33 | 4.04 | 1,477 | 4.64 | 4.03 |
| MTN Group Ltd. | -980 | 8,317 | 1.63 | 1.23 | 9,297 | 1.58 | 1.37 |
| Telecommunications Service Providers Total | -980 | 8,317 | 1.63 | 1.23 | 9,297 | 1.58 | 1.37 |
| Portfolio Total | 115,518 | 13,527,035 | 131.97 | 100.00 | 13,411,517 | 115.14 | 100.00 |