| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Ferrari N.V | 0 | 169 | 1.41 | 0.99 | 169 | 1.47 | 1.12 |
| Auto Total | 0 | 169 | 1.41 | 0.99 | 169 | 1.47 | 1.12 |
| Bank of New York Company Incorporated | -726 | 0 | 0.00 | 0.00 | 726 | 1.17 | 0.89 |
| Bank of New York Mellon Corp | 726 | 726 | 1.38 | 0.97 | 0 | 0.00 | 0.00 |
| Barclays Plc | 0 | 27,875 | 2.48 | 1.75 | 27,875 | 2.29 | 1.74 |
| Deutsche Bank AG | 156 | 156 | 0.72 | 0.51 | 0 | 0.00 | 0.00 |
| Banks Total | 156 | 28,757 | 4.58 | 3.23 | 28,601 | 3.47 | 2.63 |
| Anglo American Ltd | -3,806 | 0 | 0.00 | 0.00 | 3,806 | 2.00 | 1.52 |
| Anglo American PLC (GBP) | 3,806 | 3,806 | 2.46 | 1.73 | 0 | 0.00 | 0.00 |
| Barrick Gold | 0 | 5,682 | 3.21 | 2.26 | 5,682 | 2.07 | 1.58 |
| BHP Billiton UK | 0 | 1,179 | 1.15 | 0.81 | 1,179 | 1.01 | 0.76 |
| Rheinmetal Berlin | 0 | 32 | 1.28 | 0.91 | 32 | 1.19 | 0.90 |
| Basic Resources Total | 0 | 10,699 | 8.10 | 5.71 | 10,699 | 6.27 | 4.77 |
| SA Bond R2040 | 5,600,000 | 5,600,000 | 5.22 | 3.68 | 0 | 0.00 | 0.00 |
| Bond Total | 5,600,000 | 5,600,000 | 5.22 | 3.68 | 0 | 0.00 | 0.00 |
| iShares Global Government Bond | -1,310 | 0 | 0.00 | 0.00 | 1,310 | 2.16 | 1.64 |
| JPMorgan USD Ultra-Short Income UCITS ETF | 0 | 1,256 | 1.10 | 0.78 | 1,256 | 1.13 | 0.86 |
| Bonds Total | -1,310 | 1,256 | 1.10 | 0.78 | 2,566 | 3.29 | 2.50 |
| Cash on call | 0 | 0 | 8.13 | 5.73 | 0 | 1.47 | 1.12 |
| Cash on call Total | 0 | 0 | 8.13 | 5.73 | 0 | 1.47 | 1.12 |
| Thermo Fisher Scientific Inc | -457 | 0 | 0.00 | 0.00 | 457 | 1.84 | 1.40 |
| Chemicals Total | -457 | 0 | 0.00 | 0.00 | 457 | 1.84 | 1.40 |
| Alphabet Inc A | -565 | 0 | 0.00 | 0.00 | 565 | 1.77 | 1.34 |
| Alphabet Inc C | 565 | 565 | 2.38 | 1.68 | 0 | 0.00 | 0.00 |
| Booking Holdings | 0 | 10 | 0.94 | 0.66 | 10 | 1.02 | 0.77 |
| Hermes International | 0 | 263 | 1.13 | 0.79 | 263 | 1.27 | 0.96 |
| Hilton Worldwide Holdings Inc | 0 | 349 | 1.58 | 1.11 | 349 | 1.64 | 1.25 |
| Netflix Inc | 0 | 166 | 3.46 | 2.44 | 166 | 3.92 | 2.98 |
| Cyclical Goods & Services Total | 0 | 1,353 | 9.50 | 6.69 | 1,353 | 9.61 | 7.30 |
| ChevronTexaco Corp | 0 | 1,006 | 2.71 | 1.91 | 1,006 | 2.57 | 1.95 |
| Energy Total | 0 | 1,006 | 2.71 | 1.91 | 1,006 | 2.57 | 1.95 |
| Ishares MSCI AC Far East Ex-Japan | 902 | 902 | 1.42 | 1.00 | 0 | 0.00 | 0.00 |
| iShares MSCI All Country Asia Ex Japan ETF | -902 | 0 | 0.00 | 0.00 | 902 | 1.32 | 1.00 |
| iShares MSCI Eurozone ETF | 0 | 2,166 | 2.30 | 1.62 | 2,166 | 2.28 | 1.74 |
| iShares MSCI Japan ETF | 0 | 3,291 | 4.58 | 3.23 | 3,291 | 4.38 | 3.33 |
| Equities Total | 0 | 6,359 | 8.30 | 5.85 | 6,359 | 7.99 | 6.07 |
| NewGold | 0 | 4,241 | 2.59 | 1.82 | 4,241 | 2.29 | 1.74 |
| Exchange Traded Funds Total | 0 | 4,241 | 2.59 | 1.82 | 4,241 | 2.29 | 1.74 |
| Blackstone Group LP | 0 | 498 | 1.52 | 1.07 | 498 | 1.33 | 1.01 |
| Deutsche Boerse AG | -156 | 0 | 0.00 | 0.00 | 156 | 0.90 | 0.68 |
| Mastercard Inc | 0 | 225 | 2.21 | 1.56 | 225 | 2.22 | 1.68 |
| Mercadolibre Inc | 24 | 24 | 1.04 | 0.73 | 0 | 0.00 | 0.00 |
| MSCI Inc | 0 | 188 | 1.85 | 1.30 | 188 | 1.91 | 1.45 |
| Prudential Financial Incorporated | 743 | 743 | 1.33 | 0.94 | 0 | 0.00 | 0.00 |
| Financial Services Total | 611 | 1,678 | 7.94 | 5.60 | 1,067 | 6.35 | 4.82 |
| JP Morgan Chase & Company | 0 | 1,066 | 5.82 | 4.10 | 1,066 | 5.52 | 4.19 |
| Financials Total | 0 | 1,066 | 5.82 | 4.10 | 1,066 | 5.52 | 4.19 |
| Coca Cola | -262 | 607 | 0.70 | 0.49 | 869 | 1.09 | 0.83 |
| Food & Beverage Total | -262 | 607 | 0.70 | 0.49 | 869 | 1.09 | 0.83 |
| Canada - Currency | 6,544 | 6,544 | 0.08 | 0.06 | 0 | 0.74 | 0.56 |
| European - Currency | 49,580 | 49,580 | 1.01 | 0.71 | 0 | 1.03 | 0.79 |
| United Kingdom - Currency | 2,667 | 2,667 | 0.06 | 0.04 | 0 | 0.08 | 0.06 |
| USA - Currency | 113,455 | 113,455 | 1.96 | 1.38 | 0 | 4.29 | 3.26 |
| For Currency Total | 172,246 | 172,246 | 3.11 | 2.19 | 0 | 6.15 | 4.67 |
| Foreign - Equities | 0 | 0 | 3.38 | 2.38 | 0 | 0.35 | 0.26 |
| Foreign Invest Total | 0 | 0 | 3.38 | 2.38 | 0 | 0.35 | 0.26 |
| Millrose Properties Inc | -359 | 0 | 0.00 | 0.00 | 359 | 0.18 | 0.14 |
| Simon Property Group Incorporated | 0 | 752 | 2.42 | 1.70 | 752 | 2.13 | 1.62 |
| Foreign Property Total | -359 | 752 | 2.42 | 1.70 | 1,111 | 2.31 | 1.75 |
| Caterpillar Inc | 0 | 266 | 2.17 | 1.53 | 266 | 1.83 | 1.39 |
| Fastenal Company | 0 | 1,338 | 1.13 | 0.80 | 1,338 | 1.00 | 0.76 |
| GE Vernova Inc | 0 | 175 | 1.82 | 1.28 | 175 | 1.64 | 1.24 |
| General Electric Company | -665 | 0 | 0.00 | 0.00 | 665 | 3.01 | 2.29 |
| Philip Morris International | -183 | 426 | 1.20 | 0.85 | 609 | 1.97 | 1.50 |
| Procter & Gamble Company | -153 | 354 | 0.94 | 0.66 | 507 | 1.43 | 1.09 |
| Siemens AG | 0 | 336 | 1.55 | 1.09 | 336 | 1.54 | 1.17 |
| Waste Management | 0 | 563 | 2.14 | 1.50 | 563 | 2.27 | 1.73 |
| XPO Logistics Incorporated | 0 | 371 | 0.82 | 0.58 | 371 | 0.83 | 0.63 |
| Goods & Services Total | -1,001 | 3,829 | 11.76 | 8.28 | 4,830 | 15.52 | 11.79 |
| Amgen Incorporated | 0 | 325 | 1.54 | 1.08 | 325 | 1.62 | 1.23 |
| Boston Scientific Corporation | 0 | 521 | 0.87 | 0.62 | 521 | 0.99 | 0.75 |
| Eli Lilly & Company | 62 | 211 | 2.65 | 1.87 | 149 | 2.07 | 1.57 |
| Intuitive Surgical Inc | -82 | 233 | 1.77 | 1.25 | 315 | 3.02 | 2.30 |
| Healthcare Total | -20 | 1,290 | 6.83 | 4.81 | 1,310 | 7.69 | 5.84 |
| Berkshire Hathaway Inc | 0 | 430 | 3.71 | 2.61 | 430 | 3.71 | 2.82 |
| Prudential Plc | -743 | 0 | 0.00 | 0.00 | 743 | 1.41 | 1.07 |
| Insurance Total | -743 | 430 | 3.71 | 2.61 | 1,173 | 5.13 | 3.89 |
| Valterra Platinum Ltd. | 1,297 | 1,297 | 1.56 | 1.10 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 1,297 | 1,297 | 1.56 | 1.10 | 0 | 0.00 | 0.00 |
| Colgate Palmolive | -332 | 772 | 1.07 | 0.76 | 1,104 | 1.76 | 1.34 |
| Costco Wholesale Corporation | -39 | 91 | 1.44 | 1.02 | 130 | 2.28 | 1.73 |
| Visa Inc | 0 | 492 | 2.89 | 2.04 | 492 | 3.07 | 2.34 |
| Wal-Mart Stores Incorporated | -779 | 0 | 0.00 | 0.00 | 779 | 1.34 | 1.02 |
| Retail Total | -1,150 | 1,355 | 5.41 | 3.81 | 2,505 | 8.45 | 6.42 |
| Amazon.Com | -179 | 631 | 2.42 | 1.71 | 810 | 3.19 | 2.43 |
| Apple Computer Company | 0 | 1,317 | 5.79 | 4.08 | 1,317 | 4.69 | 3.56 |
| Broadcom Corporation | 274 | 274 | 1.55 | 1.09 | 0 | 0.00 | 0.00 |
| Fortinet Inc | 0 | 902 | 1.32 | 0.93 | 902 | 1.68 | 1.28 |
| International Business Machines | -252 | 0 | 0.00 | 0.00 | 252 | 1.31 | 0.99 |
| Meta Platforms Inc | 0 | 258 | 3.31 | 2.34 | 258 | 3.40 | 2.59 |
| Microsoft Corporation | 218 | 768 | 6.83 | 4.81 | 550 | 4.85 | 3.69 |
| Nvidia Corporation | -179 | 2,635 | 8.28 | 5.83 | 2,814 | 7.86 | 5.97 |
| Palantir Technologies | -249 | 434 | 1.34 | 0.95 | 683 | 1.66 | 1.26 |
| Palo Alto Networks Inc | 0 | 550 | 1.94 | 1.37 | 550 | 1.98 | 1.50 |
| SAP SE (spons. ADRs) | 0 | 404 | 1.86 | 1.31 | 404 | 2.17 | 1.65 |
| Taiwan Semiconductors | 640 | 640 | 3.03 | 2.13 | 0 | 0.00 | 0.00 |
| Technology Total | 273 | 8,813 | 37.68 | 26.55 | 8,540 | 32.80 | 24.92 |
| Portfolio Total | 5,769,281 | 5,847,203 | 141.95 | 100.00 | 77,922 | 131.62 | 100.00 |