| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Copart Inc Com | 58,326 | 58,326 | 45.25 | 2.34 | 0 | 0.00 | 0.00 |
| Ferrari N.V | 4,230 | 4,230 | 35.29 | 1.82 | 0 | 0.00 | 0.00 |
| Auto Total | 62,556 | 62,556 | 80.54 | 4.16 | 0 | 0.00 | 0.00 |
| Capitec Bank Holdings Ltd. | 17,515 | 17,515 | 60.85 | 3.15 | 0 | 0.00 | 0.00 |
| Banks Total | 17,515 | 17,515 | 60.85 | 3.15 | 0 | 0.00 | 0.00 |
| 0 | 0 | 0.00 | 0.00 | 0 | 2.57 | 0.13 |
| Cash on call | 0 | 0 | 7.67 | 0.40 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 7.67 | 0.40 | 0 | 2.57 | 0.13 |
| Accenture Ltd | 5,142 | 5,142 | 21.88 | 1.13 | 0 | 0.00 | 0.00 |
| Alphabet Inc A | 27,098 | 27,098 | 113.65 | 5.87 | 0 | 0.00 | 0.00 |
| L'Oreal | 7,055 | 7,055 | 52.69 | 2.72 | 0 | 0.00 | 0.00 |
| McDonald's Corporation | 8,158 | 8,158 | 42.77 | 2.21 | 0 | 0.00 | 0.00 |
| Netflix Inc | 3,890 | 3,890 | 80.46 | 4.16 | 0 | 0.00 | 0.00 |
| Verisk Analytics | 12,101 | 12,101 | 52.51 | 2.71 | 0 | 0.00 | 0.00 |
| Cyclical Goods & Services Total | 63,444 | 63,444 | 363.95 | 18.81 | 0 | 0.00 | 0.00 |
| Linde PLC | 7,168 | 7,168 | 58.74 | 3.04 | 0 | 0.00 | 0.00 |
| Energy Total | 7,168 | 7,168 | 58.74 | 3.04 | 0 | 0.00 | 0.00 |
| Essilor International | 17,130 | 17,130 | 95.82 | 4.95 | 0 | 0.00 | 0.00 |
| Keyence Corporation | 4,415 | 4,415 | 28.53 | 1.47 | 0 | 0.00 | 0.00 |
| LVMH Moet Hennessy | 1,568 | 1,568 | 16.54 | 0.86 | 0 | 0.00 | 0.00 |
| Equities Total | 23,113 | 23,113 | 140.90 | 7.28 | 0 | 0.00 | 0.00 |
| Mastercard Inc | 6,798 | 6,798 | 66.71 | 3.45 | 0 | 0.00 | 0.00 |
| Financial Services Total | 6,798 | 6,798 | 66.71 | 3.45 | 0 | 0.00 | 0.00 |
| S&P Global Inc | 6,185 | 6,185 | 51.93 | 2.68 | 0 | 0.00 | 0.00 |
| Financials Total | 6,185 | 6,185 | 51.93 | 2.68 | 0 | 0.00 | 0.00 |
| Consumer Services | 0 | 0 | 0.00 | 0.00 | 0 | 169.46 | 8.72 |
| Food & Drug Retailers Total | 0 | 0 | 0.00 | 0.00 | 0 | 169.46 | 8.72 |
| European - Currency | 0 | 0 | 4.74 | 0.24 | 0 | 0.00 | 0.00 |
| Foreign Cash | 0 | 0 | 0.00 | 0.00 | 0 | 41.52 | 2.14 |
| Japan - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 27.15 | 1.40 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 31.89 | 1.65 | 0 | 41.52 | 2.14 |
| Total Foreign Equities | 0 | 0 | 0.00 | 0.00 | 0 | 1,521.94 | 78.30 |
| Foreign Invest Total | 0 | 0 | 0.00 | 0.00 | 0 | 1,521.94 | 78.30 |
| Other Equities | 0 | 0 | 0.00 | 0.00 | 0 | 43.23 | 2.22 |
| General Equity Total | 0 | 0 | 0.00 | 0.00 | 0 | 43.23 | 2.22 |
| Financials | 0 | 0 | 0.00 | 0.00 | 0 | 130.11 | 6.69 |
| General Financial Total | 0 | 0 | 0.00 | 0.00 | 0 | 130.11 | 6.69 |
| Industrials | 0 | 0 | 0.00 | 0.00 | 0 | 34.89 | 1.80 |
| The Bidvest Group Ltd. | 149,426 | 149,426 | 31.65 | 1.64 | 0 | 0.00 | 0.00 |
| General Industrials Total | 149,426 | 149,426 | 31.65 | 1.64 | 0 | 34.89 | 1.80 |
| Amphenol Corporation | 34,412 | 34,412 | 73.55 | 3.80 | 0 | 0.00 | 0.00 |
| ASML Holding NV | 4,145 | 4,145 | 69.57 | 3.60 | 0 | 0.00 | 0.00 |
| Eaton Corporation | 8,599 | 8,599 | 55.52 | 2.87 | 0 | 0.00 | 0.00 |
| General Electric Company | 17,202 | 17,202 | 89.36 | 4.62 | 0 | 0.00 | 0.00 |
| Goods & Services Total | 64,358 | 64,358 | 288.00 | 14.89 | 0 | 0.00 | 0.00 |
| Stryker Corporation | 8,243 | 8,243 | 52.67 | 2.72 | 0 | 0.00 | 0.00 |
| Zoetis Inc | 12,749 | 12,749 | 32.18 | 1.66 | 0 | 0.00 | 0.00 |
| Healthcare Total | 20,992 | 20,992 | 84.85 | 4.39 | 0 | 0.00 | 0.00 |
| ARTHUR J. GALLAGHER & CO | 8,866 | 8,866 | 47.38 | 2.45 | 0 | 0.00 | 0.00 |
| Insurance Total | 8,866 | 8,866 | 47.38 | 2.45 | 0 | 0.00 | 0.00 |
| PSG Financial Services Ltd. | 2,563,796 | 2,563,796 | 58.45 | 3.02 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 2,563,796 | 2,563,796 | 58.45 | 3.02 | 0 | 0.00 | 0.00 |
| Boxer Retail Ltd. | 624,190 | 624,190 | 43.17 | 2.23 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | 222,711 | 222,711 | 61.03 | 3.15 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 846,901 | 846,901 | 104.19 | 5.39 | 0 | 0.00 | 0.00 |
| Visa Inc | 9,961 | 9,961 | 58.66 | 3.03 | 0 | 0.00 | 0.00 |
| Retail Total | 9,961 | 9,961 | 58.66 | 3.03 | 0 | 0.00 | 0.00 |
| Pepkor Holdings Ltd. | 2,397,182 | 2,397,182 | 58.28 | 3.01 | 0 | 0.00 | 0.00 |
| Retailers Total | 2,397,182 | 2,397,182 | 58.28 | 3.01 | 0 | 0.00 | 0.00 |
| Prosus NV | 50,550 | 50,550 | 61.20 | 3.16 | 0 | 0.00 | 0.00 |
| Software and Computer Services Total | 50,550 | 50,550 | 61.20 | 3.16 | 0 | 0.00 | 0.00 |
| Amazon.Com | 21,855 | 21,855 | 82.79 | 4.28 | 0 | 0.00 | 0.00 |
| Broadcom Corporation | 6,968 | 6,968 | 39.66 | 2.05 | 0 | 0.00 | 0.00 |
| Cadence Design Systems Incorporated | 10,925 | 10,925 | 66.20 | 3.42 | 0 | 0.00 | 0.00 |
| Microsoft Corporation | 10,092 | 10,092 | 90.18 | 4.66 | 0 | 0.00 | 0.00 |
| Technology Total | 49,840 | 49,840 | 278.83 | 14.41 | 0 | 0.00 | 0.00 |
| Portfolio Total | 6,348,651 | 6,348,651 | 1,934.68 | 100.00 | 0 | 1,943.71 | 100.00 |