| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 570 | 3,987 | 0.95 | 0.37 | 3,417 | 0.82 | 0.31 |
| Capitec Bank Holdings Ltd. | -68 | 886 | 3.62 | 1.40 | 954 | 3.96 | 1.51 |
| FirstRand Ltd. | -1,750 | 48,654 | 4.29 | 1.66 | 50,404 | 4.57 | 1.74 |
| Investec plc | -1,935 | 2,571 | 0.33 | 0.13 | 4,506 | 0.55 | 0.21 |
| Nedbank Group Ltd. | -44 | 1,883 | 0.50 | 0.19 | 1,927 | 0.51 | 0.20 |
| Standard Bank Group Ltd. | -118 | 4,974 | 1.50 | 0.58 | 5,092 | 1.48 | 0.56 |
| Banks Total | -3,345 | 62,955 | 11.20 | 4.32 | 66,300 | 11.90 | 4.53 |
| Anheuser-Busch InBev SA/NV | -291 | 0 | 0.00 | 0.00 | 291 | 0.31 | 0.12 |
| Beverages Total | -291 | 0 | 0.00 | 0.00 | 291 | 0.31 | 0.12 |
| 1NVEST SA Bond ETF | 8,169 | 178,873 | 19.63 | 7.58 | 170,704 | 20.90 | 7.96 |
| Bond Total | 8,169 | 178,873 | 19.63 | 7.58 | 170,704 | 20.90 | 7.96 |
| Cash on call | 0 | 0 | 4.53 | 1.75 | 0 | 1.86 | 0.71 |
| Cash on call Total | 0 | 0 | 4.53 | 1.75 | 0 | 1.86 | 0.71 |
| Sasol Ltd. | 2,117 | 2,117 | 0.48 | 0.18 | 0 | 0.00 | 0.00 |
| Chemicals Total | 2,117 | 2,117 | 0.48 | 0.18 | 0 | 0.00 | 0.00 |
| AVI Ltd. | 858 | 3,129 | 0.32 | 0.13 | 2,271 | 0.24 | 0.09 |
| Premier Group Ltd. | -926 | 0 | 0.00 | 0.00 | 926 | 0.16 | 0.06 |
| Tiger Brands Ltd. | 439 | 7,857 | 2.36 | 0.91 | 7,418 | 2.72 | 1.04 |
| Food Producers Total | 371 | 10,986 | 2.69 | 1.04 | 10,615 | 3.11 | 1.19 |
| Foreign - Unit Trusts | 0 | 0 | 0.00 | 0.00 | 0 | 10.20 | 3.89 |
| Foreign Invest Total | 0 | 0 | 0.00 | 0.00 | 0 | 10.20 | 3.89 |
| Fairtree Global Equity Prescient Feeder- B3 | 1,595,579 | 9,525,783 | 27.99 | 10.81 | 7,930,204 | 25.34 | 9.66 |
| General Equity Total | 1,595,579 | 9,525,783 | 27.99 | 10.81 | 7,930,204 | 25.34 | 9.66 |
| KAP Ltd. | -23,608 | 88,572 | 0.18 | 0.07 | 112,180 | 0.22 | 0.08 |
| The Bidvest Group Ltd. | -766 | 2,912 | 0.66 | 0.26 | 3,678 | 0.87 | 0.33 |
| General Industrials Total | -24,374 | 91,484 | 0.84 | 0.32 | 115,858 | 1.09 | 0.42 |
| Fairtree BCI Income Plus - I | 1,243,350 | 39,111,502 | 50.11 | 19.36 | 37,868,152 | 49.14 | 18.72 |
| Income Total | 1,243,350 | 39,111,502 | 50.11 | 19.36 | 37,868,152 | 49.14 | 18.72 |
| African Rainbow Minerals Ltd. | -1,557 | 15,673 | 3.57 | 1.38 | 17,230 | 3.43 | 1.31 |
| Afrimat Ltd. | 3,746 | 3,746 | 0.14 | 0.05 | 0 | 0.00 | 0.00 |
| Anglo American plc | -304 | 4,550 | 3.26 | 1.26 | 4,854 | 3.33 | 1.27 |
| BHP Group Ltd. | -349 | 5,334 | 3.22 | 1.24 | 5,683 | 2.88 | 1.10 |
| Glencore plc | -851 | 4,505 | 0.57 | 0.22 | 5,356 | 0.49 | 0.19 |
| Kumba Iron Ore Ltd. | -149 | 7,366 | 2.35 | 0.91 | 7,515 | 2.64 | 1.01 |
| Industrial Metals and Mining Total | 536 | 41,174 | 13.11 | 5.07 | 40,638 | 12.76 | 4.86 |
| Fairtree Global Emerging Markets Prescient - A1 | 60,522 | 60,522 | 10.17 | 3.93 | 0 | 0.00 | 0.00 |
| Fairtree Global Emerging Markets Prescient - B4 | 0 | 247,978 | 0.41 | 0.16 | 247,978 | 0.42 | 0.16 |
| Fairtree Global Real Estate Prescient Feeder - B3 | 0 | 6,185,396 | 10.06 | 3.89 | 6,185,396 | 9.83 | 3.75 |
| International Total | 60,522 | 6,493,896 | 20.65 | 7.98 | 6,433,374 | 10.25 | 3.91 |
| Reinet Investments SCA | 484 | 4,994 | 2.73 | 1.05 | 4,510 | 2.62 | 1.00 |
| Remgro Ltd. | -918 | 0 | 0.00 | 0.00 | 918 | 0.17 | 0.06 |
| Investment Banking and Brokerage Services Total | -434 | 4,994 | 2.73 | 1.05 | 5,428 | 2.78 | 1.06 |
| Discovery Ltd. | -34 | 1,467 | 0.36 | 0.14 | 1,501 | 0.34 | 0.13 |
| Momentum Group Ltd. | -3,123 | 0 | 0.00 | 0.00 | 3,123 | 0.12 | 0.05 |
| Old Mutual Ltd. | -11,146 | 10,457 | 0.14 | 0.06 | 21,603 | 0.32 | 0.12 |
| Sanlam Ltd. | -1,217 | 33,845 | 2.96 | 1.14 | 35,062 | 3.45 | 1.32 |
| Life Insurance Total | -15,520 | 45,769 | 3.47 | 1.34 | 61,289 | 4.24 | 1.61 |
| eMedia Holdings Ltd. | -385 | 0 | 0.00 | 0.00 | 385 | 0.00 | 0.00 |
| Media Total | -385 | 0 | 0.00 | 0.00 | 385 | 0.00 | 0.00 |
| OUTsurance Group Ltd. | 3,440 | 8,875 | 0.62 | 0.24 | 5,435 | 0.39 | 0.15 |
| Non-life Insurance Total | 3,440 | 8,875 | 0.62 | 0.24 | 5,435 | 0.39 | 0.15 |
| Fairtree Global Flexible Income Plus Fund (EUR) - A | 0 | 35,668 | 9.79 | 3.78 | 35,668 | 9.99 | 3.81 |
| Offshore Intern Total | 0 | 35,668 | 9.79 | 3.78 | 35,668 | 9.99 | 3.81 |
| Bid Corporation Ltd. | -375 | 1,727 | 0.71 | 0.27 | 2,102 | 0.89 | 0.34 |
| Clicks Group Ltd. | -53 | 2,255 | 0.65 | 0.25 | 2,308 | 0.78 | 0.30 |
| Dis-Chem Pharmacies Ltd. | -10,547 | 0 | 0.00 | 0.00 | 10,547 | 0.37 | 0.14 |
| Pick n Pay Stores Ltd. | 6,483 | 6,483 | 0.12 | 0.05 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | 277 | 2,538 | 0.71 | 0.27 | 2,261 | 0.61 | 0.23 |
| Personal Care, Drug and Grocery Stores Total | -4,215 | 13,003 | 2.19 | 0.85 | 17,218 | 2.64 | 1.01 |
| Compagnie Financière Richemont SA | 194 | 1,028 | 3.02 | 1.17 | 834 | 3.02 | 1.15 |
| Personal Goods Total | 194 | 1,028 | 3.02 | 1.17 | 834 | 3.02 | 1.15 |
| Aspen Pharmacare Holdings Ltd. | -3,819 | 22,068 | 2.85 | 1.10 | 25,887 | 3.02 | 1.15 |
| Pharmaceuticals and Biotechnology Total | -3,819 | 22,068 | 2.85 | 1.10 | 25,887 | 3.02 | 1.15 |
| AngloGold Ashanti plc | -590 | 2,575 | 4.13 | 1.59 | 3,165 | 4.54 | 1.73 |
| Gold Fields Ltd. | -452 | 2,590 | 1.93 | 0.75 | 3,042 | 2.21 | 0.84 |
| Harmony Gold Mining Company Ltd. | 801 | 12,908 | 3.27 | 1.26 | 12,107 | 4.08 | 1.56 |
| Impala Platinum Holdings Ltd. | -1,003 | 16,033 | 3.78 | 1.46 | 17,036 | 4.46 | 1.70 |
| Northam Platinum Holdings Ltd. | 359 | 2,890 | 0.98 | 0.38 | 2,531 | 0.85 | 0.33 |
| Sibanye Stillwater Ltd. | -10,106 | 41,102 | 2.05 | 0.79 | 51,208 | 3.10 | 1.18 |
| Valterra Platinum Ltd. | -785 | 2,393 | 3.30 | 1.27 | 3,178 | 4.48 | 1.71 |
| Precious Metals and Mining Total | -11,776 | 80,491 | 19.44 | 7.51 | 92,267 | 23.72 | 9.04 |
| Fairtree Balanced Prescient Fund - B2 | -100,711 | 19,820,457 | 46.47 | 17.95 | 19,921,168 | 47.65 | 18.16 |
| Prudential Total | -100,711 | 19,820,457 | 46.47 | 17.95 | 19,921,168 | 47.65 | 18.16 |
| NEPI Rockcastle NV | -958 | 1,443 | 0.20 | 0.08 | 2,401 | 0.35 | 0.13 |
| Real Estate Investment and Services Total | -958 | 1,443 | 0.20 | 0.08 | 2,401 | 0.35 | 0.13 |
| Growthpoint Properties Ltd. | 11,234 | 11,234 | 0.18 | 0.07 | 0 | 0.00 | 0.00 |
| Resilient REIT Ltd. | -2,627 | 31,662 | 2.48 | 0.96 | 34,289 | 2.74 | 1.05 |
| Real Estate Investment Trusts Total | 8,607 | 42,896 | 2.66 | 1.03 | 34,289 | 2.74 | 1.05 |
| Motus Holdings Ltd. | -981 | 5,389 | 0.62 | 0.24 | 6,370 | 0.78 | 0.30 |
| Mr Price Group Ltd. | -1,409 | 1,887 | 0.29 | 0.11 | 3,296 | 0.58 | 0.22 |
| Pepkor Holdings Ltd. | -3,242 | 7,946 | 0.18 | 0.07 | 11,188 | 0.30 | 0.11 |
| The Foschini Group Ltd. | 4,163 | 33,593 | 2.37 | 0.92 | 29,430 | 2.51 | 0.96 |
| Truworths International Ltd. | -2,085 | 8,359 | 0.43 | 0.17 | 10,444 | 0.59 | 0.23 |
| Retailers Total | -3,554 | 57,174 | 3.88 | 1.50 | 60,728 | 4.75 | 1.81 |
| Naspers Ltd. | 947 | 5,735 | 4.92 | 1.90 | 4,788 | 5.29 | 2.02 |
| Prosus NV | 1,715 | 5,122 | 3.91 | 1.51 | 3,407 | 3.49 | 1.33 |
| Software and Computer Services Total | 2,662 | 10,857 | 8.83 | 3.41 | 8,195 | 8.78 | 3.34 |
| MTN Group Ltd. | -5 | 5,313 | 1.03 | 0.40 | 5,318 | 0.90 | 0.34 |
| Telecommunications Service Providers Total | -5 | 5,313 | 1.03 | 0.40 | 5,318 | 0.90 | 0.34 |
| British American Tobacco plc | -123 | 506 | 0.51 | 0.20 | 629 | 0.60 | 0.23 |
| Tobacco Total | -123 | 506 | 0.51 | 0.20 | 629 | 0.60 | 0.23 |
| Portfolio Total | 2,756,037 | 75,669,312 | 258.92 | 100.00 | 72,913,275 | 262.44 | 100.00 |