| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Bayerische Motoren Werke AG | 0 | 11,916 | 21.60 | 0.62 | 11,916 | 20.64 | 0.59 |
| Ferrari N.V | 0 | 5,187 | 32.17 | 0.92 | 5,187 | 43.28 | 1.25 |
| Volkswagen AG | 0 | 8,786 | 17.71 | 0.51 | 8,786 | 16.38 | 0.47 |
| Auto Total | 0 | 25,889 | 71.47 | 2.04 | 25,889 | 80.30 | 2.31 |
| Banco Bilbao Vizcaya Argentaria SA v | 0 | 246,047 | 96.00 | 2.75 | 246,047 | 81.50 | 2.35 |
| BANCO SANTANDER SA | 0 | 635,578 | 124.55 | 3.56 | 635,578 | 114.33 | 3.29 |
| Intesa Sanpaolo SpA | 31,886 | 656,077 | 75.60 | 2.16 | 624,191 | 71.04 | 2.04 |
| Banks Total | 31,886 | 1,537,702 | 296.15 | 8.47 | 1,505,816 | 266.87 | 7.68 |
| Rheinmetal Berlin | 0 | 1,962 | 59.60 | 1.70 | 1,962 | 78.93 | 2.27 |
| Basic Resources Total | 0 | 1,962 | 59.60 | 1.70 | 1,962 | 78.93 | 2.27 |
| Cash on call | 0 | 0 | -0.03 | 0.00 | 0 | -0.29 | -0.01 |
| Cash on call Total | 0 | 0 | -0.03 | 0.00 | 0 | -0.29 | -0.01 |
| BASF AG | 0 | 38,074 | 32.92 | 0.94 | 38,074 | 32.72 | 0.94 |
| Bayer AG | 0 | 41,885 | 30.17 | 0.86 | 41,885 | 23.97 | 0.69 |
| Chemicals Total | 0 | 79,959 | 63.09 | 1.80 | 79,959 | 56.69 | 1.63 |
| Compagnie De St Gobain | 0 | 21,295 | 36.04 | 1.03 | 21,295 | 39.57 | 1.14 |
| Mercedes-Benz Group AG | 0 | 30,707 | 35.90 | 1.03 | 30,707 | 33.28 | 0.96 |
| Construction Total | 0 | 52,002 | 71.93 | 2.06 | 52,002 | 72.85 | 2.10 |
| Deutsche Post AG | 0 | 39,402 | 35.83 | 1.02 | 39,402 | 30.30 | 0.87 |
| Hermes International | 0 | 1,500 | 61.94 | 1.77 | 1,500 | 63.34 | 1.82 |
| L'Oreal | 71 | 10,313 | 73.58 | 2.10 | 10,242 | 76.51 | 2.20 |
| Cyclical Goods & Services Total | 71 | 51,215 | 171.35 | 4.90 | 51,144 | 170.15 | 4.90 |
| Air Liquide | 0 | 24,698 | 77.03 | 2.20 | 24,698 | 88.55 | 2.55 |
| Enel SpA | 0 | 331,547 | 57.28 | 1.64 | 331,547 | 54.21 | 1.56 |
| ENI-Ente Nazionale Idrocarburi SpA | -6,481 | 85,003 | 26.70 | 0.76 | 91,484 | 27.57 | 0.79 |
| Siemens Energy AG | 2,792 | 33,157 | 77.69 | 2.22 | 30,365 | 61.20 | 1.76 |
| Energy Total | -3,689 | 474,405 | 238.69 | 6.83 | 478,094 | 231.53 | 6.66 |
| Essilor International | 0 | 13,360 | 70.17 | 2.01 | 13,360 | 74.75 | 2.15 |
| Industria de Diseno Textil S.A | 0 | 47,427 | 52.00 | 1.49 | 47,427 | 45.16 | 1.30 |
| LVMH Moet Hennessy | -68 | 10,730 | 134.68 | 3.85 | 10,798 | 113.93 | 3.28 |
| Prosus NV | 0 | 53,504 | 55.03 | 1.57 | 53,504 | 65.01 | 1.87 |
| Equities Total | -68 | 125,021 | 311.88 | 8.92 | 125,089 | 298.85 | 8.60 |
| BNP Paribas | -417 | 45,154 | 70.99 | 2.03 | 45,571 | 71.44 | 2.06 |
| Deutsche Bank AG | 0 | 83,148 | 53.58 | 1.53 | 83,148 | 50.48 | 1.45 |
| Deutsche Boerse AG | 0 | 8,034 | 34.97 | 1.00 | 8,034 | 37.15 | 1.07 |
| Unicredit Spa | 0 | 66,503 | 91.78 | 2.62 | 66,503 | 86.91 | 2.50 |
| Financial Services Total | -417 | 202,839 | 251.33 | 7.19 | 203,256 | 245.98 | 7.08 |
| Anheuser Busch InBev | 0 | 43,784 | 46.78 | 1.34 | 43,784 | 45.09 | 1.30 |
| Groupe Danone | 0 | 27,450 | 41.02 | 1.17 | 27,450 | 41.27 | 1.19 |
| Food & Beverage Total | 0 | 71,234 | 87.79 | 2.51 | 71,234 | 86.36 | 2.48 |
| European - Currency | 0 | 0 | 3.74 | 0.11 | 0 | 0.28 | 0.01 |
| USA - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 3.74 | 0.11 | 0 | 0.28 | 0.01 |
| Foreign - Equities | 0 | 0 | 36.92 | 1.06 | 0 | 32.66 | 0.94 |
| Foreign Invest Total | 0 | 0 | 36.92 | 1.06 | 0 | 32.66 | 0.94 |
| Airbus Group NV | 0 | 25,124 | 97.00 | 2.77 | 25,124 | 100.54 | 2.89 |
| ASML Holding NV | -201 | 16,619 | 298.00 | 8.52 | 16,820 | 282.36 | 8.12 |
| Iberdrola Sociètè Anonyme | 0 | 261,619 | 94.01 | 2.69 | 261,619 | 85.41 | 2.46 |
| SAFRAN | 0 | 15,993 | 92.56 | 2.65 | 15,993 | 97.29 | 2.80 |
| Schneider Electric SA | 0 | 24,643 | 112.65 | 3.22 | 24,643 | 118.69 | 3.42 |
| Siemens AG | 0 | 32,113 | 149.45 | 4.27 | 32,113 | 149.21 | 4.29 |
| Vinci SA | 309 | 25,188 | 58.85 | 1.68 | 24,879 | 59.49 | 1.71 |
| Goods & Services Total | 108 | 401,299 | 902.52 | 25.81 | 401,191 | 892.99 | 25.69 |
| Sanofi-Aventis | 0 | 48,620 | 78.27 | 2.24 | 48,620 | 77.42 | 2.23 |
| Healthcare Total | 0 | 48,620 | 78.27 | 2.24 | 48,620 | 77.42 | 2.23 |
| Allianz | -189 | 16,301 | 123.88 | 3.54 | 16,490 | 119.47 | 3.44 |
| AXA | -1,500 | 76,493 | 60.97 | 1.74 | 77,993 | 64.25 | 1.85 |
| Ing Groep | 0 | 128,965 | 60.26 | 1.72 | 128,965 | 57.71 | 1.66 |
| Muenchener Ruek Versicherungs-Gesellschaft | 0 | 5,577 | 61.02 | 1.74 | 5,577 | 61.43 | 1.77 |
| Insurance Total | -1,689 | 227,336 | 306.13 | 8.75 | 229,025 | 302.87 | 8.71 |
| Wolters Kluwer NV | 0 | 10,170 | 17.48 | 0.50 | 10,170 | 23.95 | 0.69 |
| Media Total | 0 | 10,170 | 17.48 | 0.50 | 10,170 | 23.95 | 0.69 |
| TotalEnergies SE | -2,823 | 94,578 | 102.32 | 2.93 | 97,401 | 102.14 | 2.94 |
| Oil and Gas Total | -2,823 | 94,578 | 102.32 | 2.93 | 97,401 | 102.14 | 2.94 |
| Adidas-Salomon AG | 0 | 7,284 | 23.96 | 0.69 | 7,284 | 26.49 | 0.76 |
| Koninklijke Ahold Delhaize NV | 0 | 38,714 | 26.27 | 0.75 | 38,714 | 27.04 | 0.78 |
| Retail Total | 0 | 45,998 | 50.23 | 1.44 | 45,998 | 53.53 | 1.54 |
| Adyen N.V. | 0 | 1,263 | 33.80 | 0.97 | 1,263 | 34.95 | 1.01 |
| Infineon Technologies | 0 | 55,718 | 40.91 | 1.17 | 55,718 | 37.50 | 1.08 |
| Nokia Corporation | 0 | 140,128 | 43.86 | 1.25 | 140,128 | 39.70 | 1.14 |
| SAP AG | 126 | 43,630 | 176.90 | 5.06 | 43,504 | 200.98 | 5.78 |
| Technology Total | 126 | 240,739 | 295.47 | 8.45 | 240,613 | 313.13 | 9.01 |
| Deutsche Telekom AG | 0 | 150,241 | 80.87 | 2.31 | 150,241 | 88.35 | 2.54 |
| Telecom Total | 0 | 150,241 | 80.87 | 2.31 | 150,241 | 88.35 | 2.54 |
| Portfolio Total | 23,505 | 3,841,209 | 3,497.23 | 100.00 | 3,817,704 | 3,475.53 | 100.00 |