| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Copart Inc Com | 1,379 | 1,379 | 1.24 | 0.18 | 0 | 0.00 | 0.00 |
| DSV Panalpina | -425 | 3,644 | 13.01 | 1.86 | 4,069 | 11.40 | 1.64 |
| Auto Total | 954 | 5,023 | 14.24 | 2.04 | 4,069 | 11.40 | 1.64 |
| EOG Resources | 0 | 597 | 1.26 | 0.18 | 597 | 1.35 | 0.20 |
| Basic Resources Total | 0 | 597 | 1.26 | 0.18 | 597 | 1.35 | 0.20 |
| BlackRock ICS Euro Liquidity Fund | -4,088 | 0 | 0.00 | 0.00 | 4,088 | 8.20 | 1.18 |
| Cash Total | -4,088 | 0 | 0.00 | 0.00 | 4,088 | 8.20 | 1.18 |
| Cash on call | 0 | 0 | 3.37 | 0.48 | 0 | 7.41 | 1.07 |
| Cash on call Total | 0 | 0 | 3.37 | 0.48 | 0 | 7.41 | 1.07 |
| Thermo Fisher Scientific Inc | -249 | 1,470 | 15.55 | 2.22 | 1,719 | 17.24 | 2.48 |
| Chemicals Total | -249 | 1,470 | 15.55 | 2.22 | 1,719 | 17.24 | 2.48 |
| Altria Group Incorporated | -46 | 1,634 | 1.46 | 0.21 | 1,680 | 1.42 | 0.20 |
| Lowes Companies | -327 | 0 | 0.00 | 0.00 | 327 | 1.31 | 0.19 |
| Construction Total | -373 | 1,634 | 1.46 | 0.21 | 2,007 | 2.73 | 0.39 |
| Group Five Ltd. | 13,069 | 13,069 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Construction & Materials Total | 13,069 | 13,069 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Alibaba Group Holdings Limited | -82 | 5,071 | 9.37 | 1.34 | 5,153 | 6.94 | 1.00 |
| Consumer Services Total | -82 | 5,071 | 9.37 | 1.34 | 5,153 | 6.94 | 1.00 |
| Accenture Ltd | -6 | 244 | 1.47 | 0.21 | 250 | 1.38 | 0.20 |
| Accor SA | 1,590 | 13,309 | 10.16 | 1.45 | 11,719 | 8.69 | 1.25 |
| Alphabet Inc C | 429 | 3,886 | 11.05 | 1.58 | 3,457 | 11.75 | 1.69 |
| Chubb Plc | -282 | 0 | 0.00 | 0.00 | 282 | 1.35 | 0.19 |
| Delta Air Lines Incorporated | 1,666 | 4,081 | 3.62 | 0.52 | 2,415 | 2.14 | 0.31 |
| Evolution Gaming Group | 6,053 | 6,053 | 10.33 | 1.48 | 0 | 0.00 | 0.00 |
| JONES LANG LASALLE | -1,125 | 829 | 3.80 | 0.54 | 1,954 | 7.27 | 1.05 |
| L'Oreal | 565 | 565 | 4.39 | 0.63 | 0 | 0.00 | 0.00 |
| Reckitt Benckiser | 942 | 16,851 | 18.06 | 2.58 | 15,909 | 15.76 | 2.27 |
| Tencent Holdings Ltd | -56 | 13,477 | 13.23 | 1.89 | 13,533 | 11.71 | 1.69 |
| Cyclical Goods & Services Total | 9,776 | 59,295 | 76.12 | 10.88 | 49,519 | 60.05 | 8.65 |
| Conocophillips Incorporated | 0 | 639 | 1.15 | 0.16 | 639 | 1.32 | 0.19 |
| Exxon Mobil Corporation | 0 | 650 | 1.30 | 0.19 | 650 | 1.36 | 0.20 |
| Halliburton Company | 0 | 2,062 | 1.02 | 0.15 | 2,062 | 1.26 | 0.18 |
| Intertek Group Plc | -221 | 13,588 | 16.35 | 2.34 | 13,809 | 15.41 | 2.22 |
| Valero Energy | 0 | 489 | 1.14 | 0.16 | 489 | 1.37 | 0.20 |
| Energy Total | -221 | 17,428 | 20.96 | 3.00 | 17,649 | 20.73 | 2.99 |
| AIG International Inc. | -977 | 0 | 0.00 | 0.00 | 977 | 1.33 | 0.19 |
| Essilor International | -73 | 1,960 | 8.06 | 1.15 | 2,033 | 7.96 | 1.15 |
| LVMH Moet Hennessy | 299 | 860 | 11.46 | 1.64 | 561 | 7.79 | 1.12 |
| Mondelez International Corporation | 0 | 1,080 | 1.39 | 0.20 | 1,080 | 1.32 | 0.19 |
| SPDR Bloomberg Barclays Global Aggregate Bond UCITS ETF | -44,017 | 0 | 0.00 | 0.00 | 44,017 | 20.05 | 2.89 |
| SPDR Gold Trust ETF | 0 | 10,125 | 42.70 | 6.10 | 10,125 | 39.60 | 5.71 |
| Equities Total | -44,768 | 14,025 | 63.60 | 9.09 | 58,793 | 78.04 | 11.25 |
| Blackstone Group LP | -511 | 1,366 | 3.64 | 0.52 | 1,877 | 4.24 | 0.61 |
| Mastercard Inc | -9 | 2,745 | 23.32 | 3.33 | 2,754 | 22.18 | 3.20 |
| Moody's Corporation | -155 | 436 | 3.55 | 0.51 | 591 | 4.51 | 0.65 |
| PayPal Holdings Inc | -34 | 1,172 | 1.57 | 0.22 | 1,206 | 1.28 | 0.18 |
| Schwab Charles Corporation | 1,942 | 3,900 | 4.32 | 0.62 | 1,958 | 2.62 | 0.38 |
| T Rowe Price | 0 | 670 | 1.26 | 0.18 | 670 | 1.41 | 0.20 |
| Financial Services Total | 1,233 | 10,289 | 37.67 | 5.39 | 9,056 | 36.24 | 5.22 |
| S&P Global Inc | -290 | 555 | 4.90 | 0.70 | 845 | 6.90 | 0.99 |
| Financials Total | -290 | 555 | 4.90 | 0.70 | 845 | 6.90 | 0.99 |
| Unilever plc | -977 | 4,474 | 5.04 | 0.72 | 5,451 | 5.44 | 0.78 |
| Food & Beverage Total | -977 | 4,474 | 5.04 | 0.72 | 5,451 | 5.44 | 0.78 |
| Denmark - Currency | 0 | 0 | 3.55 | 0.51 | 0 | 2.20 | 0.32 |
| European - Currency | 0 | 0 | 6.34 | 0.91 | 0 | 10.19 | 1.47 |
| Japan - Currency | 0 | 0 | 16.53 | 2.36 | 0 | 2.58 | 0.37 |
| Sweden - Currency | 0 | 0 | 3.50 | 0.50 | 0 | 0.00 | 0.00 |
| Switzerland - Currency | 0 | 0 | 2.73 | 0.39 | 0 | 2.64 | 0.38 |
| United Kingdom - Currency | 0 | 0 | 2.45 | 0.35 | 0 | 1.43 | 0.21 |
| USA - Currency | 0 | 0 | 67.37 | 9.63 | 0 | 51.53 | 7.43 |
| For Currency Total | 0 | 0 | 102.48 | 14.65 | 0 | 70.56 | 10.17 |
| Foreign - Bonds | 0 | 0 | 22.61 | 3.23 | 0 | 29.44 | 4.24 |
| Foreign - Equities | 0 | 0 | 4.11 | 0.59 | 0 | 6.41 | 0.92 |
| Foreign - Unit Trusts | 0 | 0 | 2.79 | 0.40 | 0 | 0.00 | 0.00 |
| Foreign Invest Total | 0 | 0 | 29.51 | 4.22 | 0 | 35.84 | 5.17 |
| 3M Company | 4,541 | 5,302 | 0.92 | 0.13 | 761 | 1.43 | 0.21 |
| Airbus Group NV | 1,854 | 4,729 | 11.96 | 1.71 | 2,875 | 7.17 | 1.03 |
| ASML Holding NV | -5 | 156 | 2.25 | 0.32 | 161 | 3.03 | 0.44 |
| British American Tobacco Corporation | 0 | 16,304 | 10.46 | 1.50 | 16,304 | 9.39 | 1.35 |
| Caterpillar Inc | -214 | 0 | 0.00 | 0.00 | 214 | 1.27 | 0.18 |
| Danaher Corporation | -743 | 1,542 | 7.31 | 1.05 | 2,285 | 10.48 | 1.51 |
| Deere & Company | 0 | 187 | 1.35 | 0.19 | 187 | 1.29 | 0.19 |
| Estee Lauder Companies Inc | 0 | 4,486 | 7.71 | 1.10 | 4,486 | 9.05 | 1.30 |
| General Mills Incorporated | -1,103 | 0 | 0.00 | 0.00 | 1,103 | 1.28 | 0.18 |
| Philip Morris International | -1,592 | 6,196 | 12.96 | 1.85 | 7,788 | 14.57 | 2.10 |
| TransDigm Group Inc | 48 | 237 | 5.72 | 0.82 | 189 | 4.43 | 0.64 |
| Goods & Services Total | 2,786 | 39,139 | 60.65 | 8.67 | 36,353 | 63.39 | 9.14 |
| Edwards Lifescience | 1,067 | 1,067 | 1.22 | 0.17 | 0 | 0.00 | 0.00 |
| Gilead Sciences Incorporated | -1,150 | 0 | 0.00 | 0.00 | 1,150 | 1.44 | 0.21 |
| HCA-Healthcare Company | -236 | 0 | 0.00 | 0.00 | 236 | 1.47 | 0.21 |
| Johnson & Johnson | 307 | 3,427 | 9.52 | 1.36 | 3,120 | 8.28 | 1.19 |
| M3 Inc | -5,302 | 0 | 0.00 | 0.00 | 5,302 | 0.92 | 0.13 |
| Medtronic Incorporated | -110 | 9,988 | 15.44 | 2.21 | 10,098 | 14.70 | 2.12 |
| Roche Holding AG | -13 | 2,354 | 13.01 | 1.86 | 2,367 | 11.97 | 1.73 |
| Stryker Corporation | 0 | 245 | 1.52 | 0.22 | 245 | 1.52 | 0.22 |
| United Health Group | -3 | 146 | 1.46 | 0.21 | 149 | 1.32 | 0.19 |
| Zimmer Biomet Holdings Inc | 622 | 4,612 | 8.60 | 1.23 | 3,990 | 7.88 | 1.14 |
| Healthcare Total | -4,818 | 21,839 | 50.78 | 7.26 | 26,657 | 49.50 | 7.14 |
| Aflac Incorporated | -881 | 0 | 0.00 | 0.00 | 881 | 1.43 | 0.21 |
| Allstate | -12 | 452 | 1.47 | 0.21 | 464 | 1.36 | 0.20 |
| American International Group, Inc. | 977 | 977 | 1.23 | 0.18 | 0 | 0.00 | 0.00 |
| Berkshire Hathaway Inc | 0 | 375 | 2.95 | 0.42 | 375 | 2.78 | 0.40 |
| Elevance Health Inc | 344 | 1,910 | 17.22 | 2.46 | 1,566 | 15.26 | 2.20 |
| Marsh & McLennan Companies Incorporated | -374 | 0 | 0.00 | 0.00 | 374 | 1.44 | 0.21 |
| Prudential Plc | -644 | 0 | 0.00 | 0.00 | 644 | 1.37 | 0.20 |
| Travelers Companies Inc | -359 | 0 | 0.00 | 0.00 | 359 | 1.35 | 0.19 |
| Insurance Total | -949 | 3,714 | 22.88 | 3.27 | 4,663 | 24.99 | 3.60 |
| Walt Disney Company | 742 | 5,146 | 8.50 | 1.22 | 4,404 | 8.19 | 1.18 |
| Media Total | 742 | 5,146 | 8.50 | 1.22 | 4,404 | 8.19 | 1.18 |
| Northstar Global income Fund (USD) - A | 0 | 3,857,680 | 73.38 | 10.49 | 3,857,680 | 74.41 | 10.73 |
| Offshore Intern Total | 0 | 3,857,680 | 73.38 | 10.49 | 3,857,680 | 74.41 | 10.73 |
| Marathon Petroleum | 0 | 455 | 1.28 | 0.18 | 455 | 1.43 | 0.21 |
| Oil and Gas Total | 0 | 455 | 1.28 | 0.18 | 455 | 1.43 | 0.21 |
| Freedom Property Fund Ltd. | 0 | 645,000 | 0.05 | 0.01 | 645,000 | 0.05 | 0.01 |
| Real Estate Investment and Services Total | 0 | 645,000 | 0.05 | 0.01 | 645,000 | 0.05 | 0.01 |
| EBay Incorporated | -1,470 | 0 | 0.00 | 0.00 | 1,470 | 1.42 | 0.20 |
| Home Depot Incorporated | -221 | 0 | 0.00 | 0.00 | 221 | 1.37 | 0.20 |
| Visa Inc | -10 | 4,773 | 22.60 | 3.23 | 4,783 | 23.20 | 3.34 |
| Retail Total | -1,701 | 4,773 | 22.60 | 3.23 | 6,474 | 25.99 | 3.75 |
| Prosus NV | -15,000 | 0 | 0.00 | 0.00 | 15,000 | 9.73 | 1.40 |
| Software and Computer Services Total | -15,000 | 0 | 0.00 | 0.00 | 15,000 | 9.73 | 1.40 |
| Adobe Systems | 255 | 1,733 | 15.37 | 2.20 | 1,478 | 14.70 | 2.12 |
| Amazon.Com | 416 | 3,596 | 11.63 | 1.66 | 3,180 | 11.45 | 1.65 |
| Cisco Systems Incorporated | 0 | 1,478 | 1.35 | 0.19 | 1,478 | 1.28 | 0.18 |
| Cognizant Technology Solutions Corp | -849 | 6,151 | 8.14 | 1.16 | 7,000 | 8.62 | 1.24 |
| Crowdstrike Holdings | 612 | 612 | 3.01 | 0.43 | 0 | 0.00 | 0.00 |
| HP Inc | 0 | 2,456 | 1.50 | 0.22 | 2,456 | 1.56 | 0.23 |
| L3 Technologies | -884 | 2,445 | 9.89 | 1.41 | 3,329 | 13.52 | 1.95 |
| Microsoft Corporation | 173 | 1,058 | 7.79 | 1.11 | 885 | 7.29 | 1.05 |
| Oracle Corporation | 0 | 1,488 | 4.32 | 0.62 | 1,488 | 3.79 | 0.55 |
| Palo Alto Networks Inc | 989 | 989 | 5.71 | 0.82 | 0 | 0.00 | 0.00 |
| SAP AG | -24 | 880 | 3.48 | 0.50 | 904 | 3.32 | 0.48 |
| Technology Total | 688 | 22,886 | 72.21 | 10.32 | 22,198 | 65.53 | 9.45 |
| Charter Communications Inc | -7 | 277 | 1.56 | 0.22 | 284 | 1.52 | 0.22 |
| Telecom Total | -7 | 277 | 1.56 | 0.22 | 284 | 1.52 | 0.22 |
| Portfolio Total | -44,275 | 4,733,839 | 699.40 | 100.00 | 4,778,114 | 693.79 | 100.00 |