| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Ferrari N.V | -169 | 0 | 0.00 | 0.00 | 169 | 1.41 | 0.99 |
| Auto Total | -169 | 0 | 0.00 | 0.00 | 169 | 1.41 | 0.99 |
| Bank of New York Mellon Corp | -726 | 0 | 0.00 | 0.00 | 726 | 1.38 | 0.97 |
| Barclays Plc | 0 | 27,875 | 2.96 | 2.23 | 27,875 | 2.48 | 1.75 |
| Deutsche Bank AG | 0 | 156 | 0.68 | 0.51 | 156 | 0.72 | 0.51 |
| Banks Total | -726 | 28,031 | 3.63 | 2.75 | 28,757 | 4.58 | 3.23 |
| Anglo American PLC (GBP) | 0 | 3,806 | 2.62 | 1.98 | 3,806 | 2.46 | 1.73 |
| Barrick Gold | 0 | 5,682 | 4.16 | 3.14 | 5,682 | 3.21 | 2.26 |
| BHP Billiton UK | -1,179 | 0 | 0.00 | 0.00 | 1,179 | 1.15 | 0.81 |
| Rheinmetal Berlin | 0 | 32 | 0.97 | 0.73 | 32 | 1.28 | 0.91 |
| Basic Resources Total | -1,179 | 9,520 | 7.74 | 5.86 | 10,699 | 8.10 | 5.71 |
| SA Bond R2040 | 0 | 5,600,000 | 5.83 | 4.41 | 5,600,000 | 5.22 | 3.68 |
| Bond Total | 0 | 5,600,000 | 5.83 | 4.41 | 5,600,000 | 5.22 | 3.68 |
| JPMorgan USD Ultra-Short Income UCITS ETF | -1,256 | 0 | 0.00 | 0.00 | 1,256 | 1.10 | 0.78 |
| Bonds Total | -1,256 | 0 | 0.00 | 0.00 | 1,256 | 1.10 | 0.78 |
| Cash on call | 0 | 0 | 4.34 | 3.28 | 0 | 8.13 | 5.73 |
| Margin Account | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 4.34 | 3.28 | 0 | 8.13 | 5.73 |
| Newmont Mining Corp. (NMC) | 1,678 | 1,678 | 2.83 | 2.14 | 0 | 0.00 | 0.00 |
| Construction Total | 1,678 | 1,678 | 2.83 | 2.14 | 0 | 0.00 | 0.00 |
| Alphabet Inc A | 734 | 734 | 3.81 | 2.88 | 0 | 0.00 | 0.00 |
| Alphabet Inc C | -565 | 0 | 0.00 | 0.00 | 565 | 2.38 | 1.68 |
| Booking Holdings | 0 | 10 | 0.90 | 0.68 | 10 | 0.94 | 0.66 |
| Hermes International | 0 | 263 | 1.08 | 0.82 | 263 | 1.13 | 0.79 |
| Hilton Worldwide Holdings Inc | 0 | 349 | 1.68 | 1.27 | 349 | 1.58 | 1.11 |
| Netflix Inc | 1,324 | 1,490 | 2.31 | 1.75 | 166 | 3.46 | 2.44 |
| Cyclical Goods & Services Total | 1,493 | 2,846 | 9.78 | 7.39 | 1,353 | 9.50 | 6.69 |
| ChevronTexaco Corp | 0 | 1,006 | 2.53 | 1.92 | 1,006 | 2.71 | 1.91 |
| Energy Total | 0 | 1,006 | 2.53 | 1.92 | 1,006 | 2.71 | 1.91 |
| Ishares MSCI AC Far East Ex-Japan | 0 | 902 | 1.39 | 1.05 | 902 | 1.42 | 1.00 |
| iShares MSCI Eurozone ETF | 0 | 2,166 | 2.31 | 1.75 | 2,166 | 2.30 | 1.62 |
| iShares MSCI Japan ETF | -533 | 2,758 | 3.69 | 2.79 | 3,291 | 4.58 | 3.23 |
| Equities Total | -533 | 5,826 | 7.40 | 5.59 | 6,359 | 8.30 | 5.85 |
| NewGold | 0 | 4,241 | 2.82 | 2.13 | 4,241 | 2.59 | 1.82 |
| Exchange Traded Funds Total | 0 | 4,241 | 2.82 | 2.13 | 4,241 | 2.59 | 1.82 |
| Blackstone Group LP | 0 | 498 | 1.27 | 0.96 | 498 | 1.52 | 1.07 |
| Mastercard Inc | 0 | 225 | 2.15 | 1.63 | 225 | 2.21 | 1.56 |
| Mercadolibre Inc | 0 | 24 | 0.80 | 0.61 | 24 | 1.04 | 0.73 |
| MSCI Inc | 0 | 188 | 1.81 | 1.37 | 188 | 1.85 | 1.30 |
| Prudential Financial Incorporated | 0 | 743 | 1.40 | 1.06 | 743 | 1.33 | 0.94 |
| Financial Services Total | 0 | 1,678 | 7.43 | 5.62 | 1,678 | 7.94 | 5.60 |
| JP Morgan Chase & Company | 0 | 1,066 | 5.70 | 4.31 | 1,066 | 5.82 | 4.10 |
| Financials Total | 0 | 1,066 | 5.70 | 4.31 | 1,066 | 5.82 | 4.10 |
| Coca Cola | 0 | 607 | 0.70 | 0.53 | 607 | 0.70 | 0.49 |
| Food & Beverage Total | 0 | 607 | 0.70 | 0.53 | 607 | 0.70 | 0.49 |
| Canada - Currency | 0 | 0 | 0.08 | 0.06 | 0 | 0.08 | 0.06 |
| European - Currency | 0 | 0 | 0.91 | 0.69 | 0 | 1.01 | 0.71 |
| United Kingdom - Currency | 0 | 0 | 0.06 | 0.05 | 0 | 0.06 | 0.04 |
| USA - Currency | 0 | 0 | 1.11 | 0.84 | 0 | 1.96 | 1.38 |
| For Currency Total | 0 | 0 | 2.17 | 1.64 | 0 | 3.11 | 2.19 |
| Foreign - Equities | 0 | 0 | 5.69 | 4.30 | 0 | 3.38 | 2.38 |
| Foreign Invest Total | 0 | 0 | 5.69 | 4.30 | 0 | 3.38 | 2.38 |
| Simon Property Group Incorporated | 0 | 752 | 2.32 | 1.76 | 752 | 2.42 | 1.70 |
| Foreign Property Total | 0 | 752 | 2.32 | 1.76 | 752 | 2.42 | 1.70 |
| Caterpillar Inc | 0 | 266 | 2.54 | 1.92 | 266 | 2.17 | 1.53 |
| Fastenal Company | 0 | 1,338 | 0.90 | 0.68 | 1,338 | 1.13 | 0.80 |
| GE Vernova Inc | 0 | 175 | 1.91 | 1.44 | 175 | 1.82 | 1.28 |
| Philip Morris International | 0 | 426 | 1.15 | 0.87 | 426 | 1.20 | 0.85 |
| Procter & Gamble Company | 0 | 354 | 0.84 | 0.64 | 354 | 0.94 | 0.66 |
| Siemens AG | 0 | 336 | 1.56 | 1.18 | 336 | 1.55 | 1.09 |
| Waste Management | 0 | 563 | 2.07 | 1.56 | 563 | 2.14 | 1.50 |
| XPO Logistics Incorporated | 0 | 371 | 0.84 | 0.64 | 371 | 0.82 | 0.58 |
| Goods & Services Total | 0 | 3,829 | 11.82 | 8.94 | 3,829 | 11.76 | 8.28 |
| Amgen Incorporated | 0 | 325 | 1.77 | 1.34 | 325 | 1.54 | 1.08 |
| Boston Scientific Corporation | 0 | 521 | 0.83 | 0.63 | 521 | 0.87 | 0.62 |
| Eli Lilly & Company | 0 | 211 | 3.77 | 2.85 | 211 | 2.65 | 1.87 |
| Intuitive Surgical Inc | 0 | 233 | 2.21 | 1.67 | 233 | 1.77 | 1.25 |
| Healthcare Total | 0 | 1,290 | 8.57 | 6.48 | 1,290 | 6.83 | 4.81 |
| Berkshire Hathaway Inc | -101 | 329 | 2.74 | 2.07 | 430 | 3.71 | 2.61 |
| Insurance Total | -101 | 329 | 2.74 | 2.07 | 430 | 3.71 | 2.61 |
| Valterra Platinum Ltd. | -1,297 | 0 | 0.00 | 0.00 | 1,297 | 1.56 | 1.10 |
| Precious Metals and Mining Total | -1,297 | 0 | 0.00 | 0.00 | 1,297 | 1.56 | 1.10 |
| Colgate Palmolive | 0 | 772 | 1.02 | 0.77 | 772 | 1.07 | 0.76 |
| Costco Wholesale Corporation | 0 | 91 | 1.30 | 0.99 | 91 | 1.44 | 1.02 |
| Visa Inc | 0 | 492 | 2.88 | 2.18 | 492 | 2.89 | 2.04 |
| Retail Total | 0 | 1,355 | 5.20 | 3.93 | 1,355 | 5.41 | 3.81 |
| Amazon.Com | 0 | 631 | 2.43 | 1.84 | 631 | 2.42 | 1.71 |
| Apple Computer Company | 0 | 1,317 | 5.95 | 4.50 | 1,317 | 5.79 | 4.08 |
| Broadcom Corporation | 0 | 274 | 1.59 | 1.20 | 274 | 1.55 | 1.09 |
| Fortinet Inc | -902 | 0 | 0.00 | 0.00 | 902 | 1.32 | 0.93 |
| Meta Platforms Inc | 0 | 258 | 2.84 | 2.15 | 258 | 3.31 | 2.34 |
| Microsoft Corporation | -55 | 713 | 5.75 | 4.35 | 768 | 6.83 | 4.81 |
| Nvidia Corporation | -503 | 2,132 | 6.61 | 5.00 | 2,635 | 8.28 | 5.83 |
| Palantir Technologies | 0 | 434 | 1.30 | 0.98 | 434 | 1.34 | 0.95 |
| Palo Alto Networks Inc | 0 | 550 | 1.70 | 1.29 | 550 | 1.94 | 1.37 |
| SAP SE (spons. ADRs) | 0 | 404 | 1.64 | 1.24 | 404 | 1.86 | 1.31 |
| Taiwan Semiconductors | 0 | 640 | 3.18 | 2.40 | 640 | 3.03 | 2.13 |
| Technology Total | -1,460 | 7,353 | 32.97 | 24.94 | 8,813 | 37.68 | 26.55 |
| Portfolio Total | -3,550 | 5,671,407 | 132.22 | 100.00 | 5,674,957 | 141.95 | 100.00 |