| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Tesla Motors | 39 | 39 | 0.24 | 0.01 | 0 | 0.00 | 0.00 |
| Auto Total | 39 | 39 | 0.24 | 0.01 | 0 | 0.00 | 0.00 |
| Absa Group Ltd. | 16,539 | 84,046 | 20.08 | 1.15 | 67,507 | 16.16 | 1.03 |
| Capitec Bank Holdings Ltd. | 16 | 2,776 | 11.34 | 0.65 | 2,760 | 11.47 | 0.73 |
| FirstRand Ltd. | -17,283 | 236,925 | 20.88 | 1.19 | 254,208 | 23.07 | 1.47 |
| Investec plc | -525 | 3,943 | 0.51 | 0.03 | 4,468 | 0.55 | 0.03 |
| Nedbank Group Ltd. | -10,866 | 33,337 | 8.89 | 0.51 | 44,203 | 11.77 | 0.75 |
| Standard Bank Group Ltd. | 3,616 | 52,923 | 15.96 | 0.91 | 49,307 | 14.32 | 0.91 |
| Nu Holdings Ltd | 0 | 1,990 | 0.46 | 0.03 | 1,990 | 0.56 | 0.04 |
| Banks Total | -8,503 | 415,940 | 78.12 | 4.46 | 424,443 | 77.89 | 4.97 |
| Teck Resources Limited | 1,165 | 1,165 | 0.96 | 0.05 | 0 | 0.00 | 0.00 |
| Basic Resources Total | 1,165 | 1,165 | 0.96 | 0.05 | 0 | 0.00 | 0.00 |
| Anheuser-Busch InBev SA/NV | -378 | 5,115 | 6.03 | 0.34 | 5,493 | 5.88 | 0.38 |
| Beverages Total | -378 | 5,115 | 6.03 | 0.34 | 5,493 | 5.88 | 0.38 |
| SA Bond CLN936 | -1,000,000 | 0 | 0.00 | 0.00 | 1,000,000 | 1.00 | 0.06 |
| SA Bond EL28 | 0 | 350,000 | 0.67 | 0.04 | 350,000 | 0.65 | 0.04 |
| SA Bond EL29 | 0 | 1,250,000 | 2.21 | 0.13 | 1,250,000 | 2.13 | 0.14 |
| SA Bond I2031 | 0 | 1,750,000 | 1.98 | 0.11 | 1,750,000 | 2.00 | 0.13 |
| SA Bond IVC297 | 0 | 1,200,000 | 1.25 | 0.07 | 1,200,000 | 1.27 | 0.08 |
| SA Bond NN405 | 0 | 500,000 | 0.52 | 0.03 | 500,000 | 0.53 | 0.03 |
| SA Bond R2032 | 0 | 250,000 | 0.24 | 0.01 | 250,000 | 0.26 | 0.02 |
| SA Bond R2037 | 13,750,000 | 38,000,000 | 36.05 | 2.06 | 24,250,000 | 24.98 | 1.60 |
| SA Bond SBC055 | 0 | 2,500,000 | 2.50 | 0.14 | 2,500,000 | 2.64 | 0.17 |
| SA Bond TNI33 | 0 | 1,030,000 | 1.21 | 0.07 | 1,030,000 | 1.25 | 0.08 |
| Bond Total | 12,750,000 | 46,830,000 | 46.64 | 2.66 | 34,080,000 | 36.71 | 2.34 |
| Nedgroup Inv Core Bond - A | 5,754,643 | 39,692,940 | 61.06 | 3.48 | 33,938,297 | 55.34 | 3.53 |
| Visio FR Bond - C | -10,874,273 | 0 | 0.00 | 0.00 | 10,874,273 | 13.28 | 0.85 |
| Visio FR Bond - B | 8,441,513 | 8,441,513 | 9.98 | 0.57 | 0 | 0.00 | 0.00 |
| Bond Fund Total | 3,321,883 | 48,134,453 | 71.04 | 4.05 | 44,812,570 | 68.62 | 4.38 |
| iShares Global Government Bond | 0 | 690 | 1.04 | 0.06 | 690 | 1.05 | 0.07 |
| iShares US Treasury Bond ETF | 1,300 | 8,270 | 3.29 | 0.19 | 6,970 | 2.73 | 0.17 |
| iShares USD Treasury (1-3) | 1,500 | 11,500 | 30.21 | 1.72 | 10,000 | 25.74 | 1.64 |
| Bonds Total | 2,800 | 20,460 | 34.54 | 1.97 | 17,660 | 29.51 | 1.88 |
| Cash on call | 0 | 0 | 31.91 | 1.82 | 0 | 13.00 | 0.83 |
| Margin Account | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 31.91 | 1.82 | 0 | 13.00 | 0.83 |
| Sasol Ltd. | 17,961 | 37,509 | 8.42 | 0.48 | 19,548 | 2.08 | 0.13 |
| Chemicals Total | 17,961 | 37,509 | 8.42 | 0.48 | 19,548 | 2.08 | 0.13 |
| Advtech Ltd. | 3,285 | 39,100 | 1.63 | 0.09 | 35,815 | 1.33 | 0.09 |
| Consumer Services Total | 3,285 | 39,100 | 1.63 | 0.09 | 35,815 | 1.33 | 0.09 |
| QXO Inc | 871 | 871 | 0.27 | 0.02 | 0 | 0.00 | 0.00 |
| Cyclical Goods & Services Total | 871 | 871 | 0.27 | 0.02 | 0 | 0.00 | 0.00 |
| Equity Derivative | 0 | 0 | 0.14 | 0.01 | 0 | 0.14 | 0.01 |
| Derivatives Total | 0 | 0 | 0.14 | 0.01 | 0 | 0.14 | 0.01 |
| Reunert Ltd. | -3,138 | 0 | 0.00 | 0.00 | 3,138 | 0.20 | 0.01 |
| Electronic and Electrical Equipment Total | -3,138 | 0 | 0.00 | 0.00 | 3,138 | 0.20 | 0.01 |
| NewGold | 5,500 | 126,500 | 91.19 | 5.20 | 121,000 | 80.44 | 5.14 |
| Exchange Traded Funds Total | 5,500 | 126,500 | 91.19 | 5.20 | 121,000 | 80.44 | 5.14 |
| Optasia Ltd. | -72,800 | 0 | 0.00 | 0.00 | 72,800 | 1.49 | 0.10 |
| Finance and Credit Services Total | -72,800 | 0 | 0.00 | 0.00 | 72,800 | 1.49 | 0.10 |
| BNP Paribas | 0 | 5,200 | 5.97 | 0.34 | 5,200 | 5.92 | 0.38 |
| Goldman Sachs Group | 0 | 15,000 | 18.62 | 1.06 | 15,000 | 19.35 | 1.24 |
| London Stock Exchange Group Plc | 450 | 450 | 0.89 | 0.05 | 0 | 0.00 | 0.00 |
| Financial Services Total | 450 | 20,650 | 25.48 | 1.45 | 20,200 | 25.27 | 1.61 |
| AVI Ltd. | -4,385 | 2,567 | 0.27 | 0.02 | 6,952 | 0.73 | 0.05 |
| Sea Harvest Group Ltd. | 16,170 | 144,570 | 1.29 | 0.07 | 128,400 | 1.22 | 0.08 |
| Tiger Brands Ltd. | -7,260 | 0 | 0.00 | 0.00 | 7,260 | 2.66 | 0.17 |
| Food Producers Total | 4,525 | 147,137 | 1.56 | 0.09 | 142,612 | 4.61 | 0.29 |
| Australia - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Denmark - Currency | 0 | 0 | 0.65 | 0.04 | 0 | 0.00 | 0.00 |
| European - Currency | 0 | 0 | 0.91 | 0.05 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 0.18 | 0.01 | 0 | 0.02 | 0.00 |
| USA - Currency | 0 | 0 | 23.81 | 1.36 | 0 | 32.55 | 2.08 |
| For Currency Total | 0 | 0 | 25.55 | 1.46 | 0 | 32.57 | 2.08 |
| Foreign - Bonds | 0 | 0 | 5.81 | 0.33 | 0 | 5.25 | 0.34 |
| Foreign - Equities | 0 | 0 | 1.12 | 0.06 | 0 | 0.00 | 0.00 |
| Foreign - Unit Trusts | 0 | 0 | 58.29 | 3.32 | 0 | 51.50 | 3.29 |
| Foreign Invest Total | 0 | 0 | 65.22 | 3.72 | 0 | 56.75 | 3.62 |
| Equity | 0 | 0 | 87.19 | 4.97 | 0 | 90.45 | 5.78 |
| Unit Trust - Local - Equity | 0 | 0 | 3.54 | 0.20 | 0 | 0.00 | 0.00 |
| General Equity Total | 0 | 0 | 90.73 | 5.17 | 0 | 90.45 | 5.78 |
| KAP Ltd. | -26,178 | 564,588 | 1.12 | 0.06 | 590,766 | 1.13 | 0.07 |
| The Bidvest Group Ltd. | 9,919 | 17,174 | 3.91 | 0.22 | 7,255 | 1.72 | 0.11 |
| General Industrials Total | -16,259 | 581,762 | 5.04 | 0.29 | 598,021 | 2.86 | 0.18 |
| Airbus Group NV | 193 | 193 | 0.61 | 0.03 | 0 | 0.00 | 0.00 |
| Boeing Company | 0 | 152 | 0.49 | 0.03 | 152 | 0.55 | 0.04 |
| Caterpillar Inc | 26 | 26 | 0.30 | 0.02 | 0 | 0.00 | 0.00 |
| GE Vernova Inc | 0 | 60 | 0.83 | 0.05 | 60 | 0.65 | 0.04 |
| Schneider Electric SA | 136 | 136 | 0.61 | 0.03 | 0 | 0.00 | 0.00 |
| Goods & Services Total | 355 | 567 | 2.84 | 0.16 | 212 | 1.20 | 0.08 |
| AfroCentric Investment Corporation Ltd. | 0 | 269,200 | 0.23 | 0.01 | 269,200 | 0.36 | 0.02 |
| Life Healthcare Group Holdings Ltd. | -8,851 | 42,501 | 0.49 | 0.03 | 51,352 | 0.58 | 0.04 |
| Netcare Ltd. | -44,616 | 139,635 | 2.30 | 0.13 | 184,251 | 2.92 | 0.19 |
| Health Care Providers Total | -53,467 | 451,336 | 3.02 | 0.17 | 504,803 | 3.86 | 0.25 |
| Stryker Corporation | 38 | 38 | 0.21 | 0.01 | 0 | 0.00 | 0.00 |
| Teva Pharmacutical Industry | 1,432 | 1,432 | 0.69 | 0.04 | 0 | 0.00 | 0.00 |
| Healthcare Total | 1,470 | 1,470 | 0.90 | 0.05 | 0 | 0.00 | 0.00 |
| Old Mutual Corporate Income - M9 | 0 | 1,079 | 0.00 | 0.00 | 1,079 | 0.00 | 0.00 |
| STANLIB Income - B2 | 19,996,271 | 97,177,675 | 135.25 | 7.71 | 77,181,404 | 108.37 | 6.92 |
| Income Total | 19,996,271 | 97,178,754 | 135.25 | 7.71 | 77,182,483 | 108.37 | 6.92 |
| African Rainbow Minerals Ltd. | 8 | 21,889 | 4.99 | 0.28 | 21,881 | 4.35 | 0.28 |
| Afrimat Ltd. | -10,460 | 0 | 0.00 | 0.00 | 10,460 | 0.43 | 0.03 |
| Anglo American plc | 2,364 | 2,364 | 1.69 | 0.10 | 0 | 0.00 | 0.00 |
| Glencore plc | 71,602 | 194,289 | 24.79 | 1.41 | 122,687 | 11.18 | 0.71 |
| Kumba Iron Ore Ltd. | -579 | 0 | 0.00 | 0.00 | 579 | 0.20 | 0.01 |
| Orion Minerals Ltd. | 88,494 | 1,323,554 | 0.44 | 0.02 | 1,235,060 | 0.27 | 0.02 |
| South32 Ltd. | 29,210 | 52,153 | 2.67 | 0.15 | 22,943 | 0.90 | 0.06 |
| Industrial Metals and Mining Total | 180,639 | 1,594,249 | 34.57 | 1.97 | 1,413,610 | 17.34 | 1.11 |
| Invicta Holdings Ltd. | 0 | 63,086 | 2.33 | 0.13 | 63,086 | 2.33 | 0.15 |
| Industrial Support Services Total | 0 | 63,086 | 2.33 | 0.13 | 63,086 | 2.33 | 0.15 |
| Super Group Ltd. | 64,530 | 311,830 | 5.27 | 0.30 | 247,300 | 4.68 | 0.30 |
| Industrial Transportation Total | 64,530 | 311,830 | 5.27 | 0.30 | 247,300 | 4.68 | 0.30 |
| Berkshire Hathaway Inc | 0 | 58 | 0.47 | 0.03 | 58 | 0.48 | 0.03 |
| Legal & General | 0 | 16,300 | 0.91 | 0.05 | 16,300 | 0.95 | 0.06 |
| Insurance Total | 0 | 16,358 | 1.38 | 0.08 | 16,358 | 1.43 | 0.09 |
| Seed Global Equity Prescient Feeder - B1 | 650,147 | 5,495,155 | 6.81 | 0.39 | 4,845,008 | 6.30 | 0.40 |
| Seed Global Prescient Feeder - B1 | 2,314,860 | 2,728,151 | 4.22 | 0.24 | 413,291 | 0.65 | 0.04 |
| Visio FR Global Equity - C | 86,737 | 20,344,291 | 30.29 | 1.73 | 20,257,554 | 32.56 | 2.08 |
| International Total | 3,051,744 | 28,567,597 | 41.32 | 2.36 | 25,515,853 | 39.50 | 2.52 |
| Alexander Forbes Group Holdings Ltd. | 0 | 323,855 | 2.12 | 0.12 | 323,855 | 2.53 | 0.16 |
| Reinet Investments SCA | -2,004 | 8,108 | 4.43 | 0.25 | 10,112 | 5.86 | 0.37 |
| Remgro Ltd. | 6,138 | 73,858 | 13.87 | 0.79 | 67,720 | 12.30 | 0.79 |
| Sygnia Ltd. | 6,157 | 47,240 | 1.32 | 0.08 | 41,083 | 1.51 | 0.10 |
| Investment Banking and Brokerage Services Total | 10,291 | 453,061 | 21.75 | 1.24 | 442,770 | 22.20 | 1.42 |
| Discovery Ltd. | -4,646 | 0 | 0.00 | 0.00 | 4,646 | 1.06 | 0.07 |
| Momentum Group Ltd. | -39,778 | 64,060 | 2.30 | 0.13 | 103,838 | 3.97 | 0.25 |
| Old Mutual Ltd. | 47,714 | 354,510 | 4.91 | 0.28 | 306,796 | 4.57 | 0.29 |
| Sanlam Ltd. | -54,380 | 108,478 | 9.50 | 0.54 | 162,858 | 16.04 | 1.02 |
| Life Insurance Total | -51,090 | 527,048 | 16.71 | 0.95 | 578,138 | 25.64 | 1.64 |
| Old Mutual Institutional Money Market - B1 | -2,000,000 | 0 | 0.00 | 0.00 | 2,000,000 | 2.00 | 0.13 |
| Money Market Total | -2,000,000 | 0 | 0.00 | 0.00 | 2,000,000 | 2.00 | 0.13 |
| OUTsurance Group Ltd. | 8,052 | 32,183 | 2.23 | 0.13 | 24,131 | 1.73 | 0.11 |
| Non-life Insurance Total | 8,052 | 32,183 | 2.23 | 0.13 | 24,131 | 1.73 | 0.11 |
| iShares Core MSCI World UCITS ETF | 0 | 749 | 1.59 | 0.09 | 749 | 1.62 | 0.10 |
| Seed Global Equity Fund (USD) - A | 22,657 | 161,112 | 293.99 | 16.77 | 138,455 | 264.84 | 16.91 |
| Offshore Intern Total | 22,657 | 161,861 | 295.58 | 16.86 | 139,204 | 266.46 | 17.01 |
| Bid Corporation Ltd. | 5,245 | 6,834 | 2.80 | 0.16 | 1,589 | 0.67 | 0.04 |
| Dis-Chem Pharmacies Ltd. | -10,627 | 1,233 | 0.05 | 0.00 | 11,860 | 0.42 | 0.03 |
| Shoprite Holdings Ltd. | -4,691 | 5,138 | 1.43 | 0.08 | 9,829 | 2.66 | 0.17 |
| Personal Care, Drug and Grocery Stores Total | -10,073 | 13,205 | 4.27 | 0.24 | 23,278 | 3.74 | 0.24 |
| Compagnie Financière Richemont SA | 0 | 271 | 0.80 | 0.05 | 271 | 0.98 | 0.06 |
| Personal Goods Total | 0 | 271 | 0.80 | 0.05 | 271 | 0.98 | 0.06 |
| Aspen Pharmacare Holdings Ltd. | -4,127 | 0 | 0.00 | 0.00 | 4,127 | 0.48 | 0.03 |
| Pharmaceuticals and Biotechnology Total | -4,127 | 0 | 0.00 | 0.00 | 4,127 | 0.48 | 0.03 |
| AngloGold Ashanti plc | 1,763 | 20,891 | 33.48 | 1.91 | 19,128 | 27.41 | 1.75 |
| Gold Fields Ltd. | -262 | 36,204 | 27.04 | 1.54 | 36,466 | 26.46 | 1.69 |
| Harmony Gold Mining Company Ltd. | 24,809 | 43,357 | 10.98 | 0.63 | 18,548 | 6.25 | 0.40 |
| Impala Platinum Holdings Ltd. | 13,142 | 107,869 | 25.42 | 1.45 | 94,727 | 24.82 | 1.58 |
| Northam Platinum Holdings Ltd. | 9,139 | 69,635 | 23.57 | 1.34 | 60,496 | 20.39 | 1.30 |
| Pan African Resources plc | -22,121 | 56,360 | 1.72 | 0.10 | 78,481 | 2.11 | 0.14 |
| Sibanye Stillwater Ltd. | 21,422 | 24,557 | 1.23 | 0.07 | 3,135 | 0.19 | 0.01 |
| Valterra Platinum Ltd. | 1,761 | 6,456 | 8.90 | 0.51 | 4,695 | 6.62 | 0.42 |
| Precious Metals and Mining Total | 49,653 | 365,329 | 132.35 | 7.55 | 315,676 | 114.26 | 7.30 |
| ABAX Balanced Prescient - B1 | 8,227,975 | 55,195,485 | 179.94 | 10.26 | 46,967,510 | 158.41 | 10.11 |
| Prescient Balanced - A2 | 14,487,818 | 100,461,085 | 179.91 | 10.26 | 85,973,267 | 157.83 | 10.08 |
| Prudential Total | 22,715,793 | 155,656,570 | 359.84 | 20.53 | 132,940,777 | 316.24 | 20.19 |
| NEPI Rockcastle NV | -3,723 | 15,000 | 2.04 | 0.12 | 18,723 | 2.73 | 0.17 |
| Real Estate Investment and Services Total | -3,723 | 15,000 | 2.04 | 0.12 | 18,723 | 2.73 | 0.17 |
| Fairvest Ltd. | -460,084 | 392,010 | 2.50 | 0.14 | 852,094 | 6.12 | 0.39 |
| Growthpoint Properties Ltd. | -26,172 | 0 | 0.00 | 0.00 | 26,172 | 0.45 | 0.03 |
| Redefine Properties Ltd. | -71,225 | 0 | 0.00 | 0.00 | 71,225 | 0.43 | 0.03 |
| Real Estate Investment Trusts Total | -557,481 | 392,010 | 2.50 | 0.14 | 949,491 | 6.99 | 0.45 |
| Visa Inc | -40 | 0 | 0.00 | 0.00 | 40 | 0.23 | 0.01 |
| Retail Total | -40 | 0 | 0.00 | 0.00 | 40 | 0.23 | 0.01 |
| Combined Motor Holdings Ltd. | 0 | 64,619 | 2.23 | 0.13 | 64,619 | 2.38 | 0.15 |
| Motus Holdings Ltd. | 3,182 | 52,071 | 5.95 | 0.34 | 48,889 | 5.96 | 0.38 |
| Mr Price Group Ltd. | 11,078 | 62,684 | 9.51 | 0.54 | 51,606 | 9.03 | 0.58 |
| Pepkor Holdings Ltd. | -2,712 | 214,147 | 4.81 | 0.27 | 216,859 | 5.74 | 0.37 |
| The Foschini Group Ltd. | 8,120 | 47,199 | 3.33 | 0.19 | 39,079 | 3.33 | 0.21 |
| Truworths International Ltd. | 53,671 | 171,014 | 8.86 | 0.51 | 117,343 | 6.68 | 0.43 |
| We Buy Cars Holdings Ltd. | 41,360 | 59,497 | 2.34 | 0.13 | 18,137 | 0.87 | 0.06 |
| Woolworths Holdings Ltd. | -8,149 | 60,648 | 3.08 | 0.18 | 68,797 | 3.85 | 0.25 |
| Retailers Total | 106,550 | 731,879 | 40.10 | 2.29 | 625,329 | 37.84 | 2.42 |
| Naspers Ltd. | 7,491 | 29,359 | 25.18 | 1.44 | 21,868 | 24.15 | 1.54 |
| Prosus NV | 10,812 | 33,403 | 25.52 | 1.46 | 22,591 | 23.12 | 1.48 |
| Software and Computer Services Total | 18,303 | 62,762 | 50.70 | 2.89 | 44,459 | 47.28 | 3.02 |
| Amazon.Com | 0 | 164 | 0.56 | 0.03 | 164 | 0.63 | 0.04 |
| Hewlett-Packard | -1,325 | 0 | 0.00 | 0.00 | 1,325 | 0.53 | 0.03 |
| Meta Platforms Inc | 0 | 43 | 0.39 | 0.02 | 43 | 0.47 | 0.03 |
| Microsoft Corporation | 0 | 145 | 0.89 | 0.05 | 145 | 1.17 | 0.07 |
| Nvidia Corporation | 100 | 100 | 0.28 | 0.02 | 0 | 0.00 | 0.00 |
| Taiwan Semiconductors | 0 | 144 | 0.78 | 0.04 | 144 | 0.71 | 0.05 |
| Technology Total | -1,225 | 596 | 2.90 | 0.17 | 1,821 | 3.52 | 0.22 |
| MTN Group Ltd. | 20,386 | 46,290 | 8.94 | 0.51 | 25,904 | 4.39 | 0.28 |
| Telecommunications Service Providers Total | 20,386 | 46,290 | 8.94 | 0.51 | 25,904 | 4.39 | 0.28 |
| Tsogo Sun Ltd. | -7,518 | 19,116 | 0.13 | 0.01 | 26,634 | 0.19 | 0.01 |
| Travel and Leisure Total | -7,518 | 19,116 | 0.13 | 0.01 | 26,634 | 0.19 | 0.01 |
| AES Corporation | 0 | 2,750 | 0.66 | 0.04 | 2,750 | 0.66 | 0.04 |
| Utility Suppliers Total | 0 | 2,750 | 0.66 | 0.04 | 2,750 | 0.66 | 0.04 |
| Portfolio Total | 59,565,351 | 383,025,879 | 1,753.09 | 100.00 | 323,460,528 | 1,566.09 | 100.00 |