| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | 0 | 6,313 | 0.60 | 0.23 | 6,313 | 0.73 | 0.28 |
| Renergen Ltd. | 0 | 110,187 | 1.21 | 0.47 | 110,187 | 0.99 | 0.38 |
| Alternative Energy Total | 0 | 116,500 | 1.80 | 0.70 | 116,500 | 1.72 | 0.65 |
| Investec plc | 0 | 50,185 | 6.57 | 2.55 | 50,185 | 6.61 | 2.51 |
| Banks Total | 0 | 50,185 | 6.57 | 2.55 | 50,185 | 6.61 | 2.51 |
| SA Bond ASN950 | 2,500,000 | 2,500,000 | 2.51 | 0.97 | 0 | 0.00 | 0.00 |
| SA Bond CLN909 | 2,000,000 | 2,000,000 | 2.22 | 0.86 | 0 | 0.00 | 0.00 |
| SA Bond COJ08 | 1,945,000 | 1,945,000 | 2.03 | 0.79 | 0 | 0.00 | 0.00 |
| SA Bond COT02 | 0 | 70,000 | 0.05 | 0.02 | 70,000 | 0.05 | 0.02 |
| SA Bond EMM06 | 50,000 | 50,000 | 0.05 | 0.02 | 0 | 0.00 | 0.00 |
| SA Bond FRC405 | 1,500,000 | 1,500,000 | 1.56 | 0.60 | 0 | 0.00 | 0.00 |
| SA Bond R2053 | 4,000,000 | 4,000,000 | 4.36 | 1.69 | 0 | 0.00 | 0.00 |
| SA Bond TN25 | 2,000,000 | 2,500,000 | 2.52 | 0.98 | 500,000 | 0.51 | 0.20 |
| SA Bond UG26 | 470,000 | 470,000 | 0.48 | 0.19 | 0 | 0.00 | 0.00 |
| Bond Total | 14,465,000 | 15,035,000 | 15.78 | 6.12 | 570,000 | 0.56 | 0.21 |
| Cash on call | 0 | 0 | 0.77 | 0.30 | 0 | 5.83 | 2.21 |
| Cash on call Total | 0 | 0 | 0.77 | 0.30 | 0 | 5.83 | 2.21 |
| Omnia Holdings Ltd. | 0 | 14,885 | 0.97 | 0.38 | 14,885 | 0.99 | 0.38 |
| Chemicals Total | 0 | 14,885 | 0.97 | 0.38 | 14,885 | 0.99 | 0.38 |
| Satrix MSCI India Feeder ETF | 0 | 106,346 | 9.67 | 3.75 | 106,346 | 9.71 | 3.69 |
| Exchange Traded Funds Total | 0 | 106,346 | 9.67 | 3.75 | 106,346 | 9.71 | 3.69 |
| FNB - ETN on ADOBEC NOV25 | 94,055 | 94,055 | 1.04 | 0.41 | 0 | 0.00 | 0.00 |
| FNB ETN on AMAZONC SEP25 | 337,103 | 337,103 | 3.73 | 1.45 | 0 | 0.00 | 0.00 |
| FNB ETN on MACDOQ SEP25 | 113,332 | 113,332 | 1.75 | 0.68 | 0 | 0.00 | 0.00 |
| Exchange Traded Notes | 0 | 167,016 | 3.43 | 1.33 | 167,016 | 4.12 | 1.56 |
| Exchange Traded Notes | -337,103 | 0 | 0.00 | 0.00 | 337,103 | 4.30 | 1.63 |
| Exchange Traded Notes | 0 | 169,607 | 3.25 | 1.26 | 169,607 | 3.24 | 1.23 |
| Exchange Traded Notes | 0 | 157,649 | 3.15 | 1.22 | 157,649 | 3.08 | 1.17 |
| Exchange Traded Notes | 0 | 116,938 | 1.77 | 0.69 | 116,938 | 1.62 | 0.61 |
| Exchange Traded Notes | -113,332 | 0 | 0.00 | 0.00 | 113,332 | 1.47 | 0.56 |
| Exchange Traded Notes | 0 | 163,429 | 3.30 | 1.28 | 163,429 | 3.75 | 1.42 |
| Exchange Traded Notes | 149,700 | 619,278 | 10.04 | 3.89 | 469,578 | 7.76 | 2.95 |
| Exchange Traded Notes | 156,983 | 156,983 | 2.56 | 0.99 | 0 | 0.00 | 0.00 |
| Exchange Traded Notes | 0 | 321,557 | 4.28 | 1.66 | 321,557 | 4.54 | 1.72 |
| Exchange Traded Notes | -94,055 | 0 | 0.00 | 0.00 | 94,055 | 1.19 | 0.45 |
| Exchange Traded Notes | 0 | 138,932 | 3.95 | 1.53 | 138,932 | 3.80 | 1.44 |
| Exchange Traded Notes | 0 | 150,392 | 3.52 | 1.36 | 150,392 | 3.60 | 1.37 |
| Exchange Traded Notes | 0 | 200,547 | 3.03 | 1.18 | 200,547 | 3.15 | 1.20 |
| Exchange Traded Notes | 62,390 | 62,390 | 11.15 | 4.32 | 0 | 0.00 | 0.00 |
| Exchange Traded Notes | 26,900 | 26,900 | 5.01 | 1.94 | 0 | 0.00 | 0.00 |
| Exchange Traded Notes Total | 395,973 | 2,996,108 | 64.97 | 25.19 | 2,600,135 | 45.63 | 17.32 |
| USA - Currency | 0 | 0 | 2.36 | 0.92 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 2.36 | 0.92 | 0 | 0.00 | 0.00 |
| Equity | 0 | 0 | 0.00 | 0.00 | 0 | 15.65 | 5.94 |
| Old Mutual RAFI 40 Index - B2 | 578 | 24,451 | 0.13 | 0.05 | 23,873 | 0.12 | 0.04 |
| General Equity Total | 578 | 24,451 | 0.13 | 0.05 | 23,873 | 15.77 | 5.98 |
| Amplify SCI Strategic Income - A1 | -169,047 | 817,065 | 9.36 | 3.63 | 986,112 | 10.94 | 4.15 |
| Granate BCI Multi Income - D | -3,326,481 | 6,550,756 | 7.42 | 2.88 | 9,877,237 | 10.96 | 4.16 |
| Mi-PLAN IP Enhanced Income - B1 | -347,443 | 693,604 | 7.37 | 2.86 | 1,041,047 | 10.96 | 4.16 |
| MI-PLAN IP Enhanced Income Retention - B1 | 0 | 102,460 | 0.70 | 0.27 | 102,460 | 0.70 | 0.27 |
| Portfoliometrix BCI Dynamic Income - B | -627,478 | 10,268,716 | 11.46 | 4.44 | 10,896,194 | 11.44 | 4.34 |
| Prescient Income Plus - A2 | -1,824,566 | 9,429,798 | 9.65 | 3.74 | 11,254,364 | 11.29 | 4.29 |
| Visio BCI Unconstrained Fixed Interest - C | -1,643,676 | 8,093,008 | 9.58 | 3.71 | 9,736,684 | 10.98 | 4.17 |
| Income Total | -7,938,691 | 35,955,407 | 55.54 | 21.53 | 43,894,098 | 67.27 | 25.54 |
| Anglo American plc | 0 | 8,023 | 4.51 | 1.75 | 8,023 | 4.64 | 1.76 |
| BHP Group Ltd. | 0 | 11,434 | 6.30 | 2.44 | 11,434 | 5.97 | 2.27 |
| Industrial Metals and Mining Total | 0 | 19,457 | 10.81 | 4.19 | 19,457 | 10.61 | 4.03 |
| Bell Equipment Ltd. | 0 | 101,459 | 4.16 | 1.61 | 101,459 | 3.02 | 1.15 |
| Industrial Transportation Total | 0 | 101,459 | 4.16 | 1.61 | 101,459 | 3.02 | 1.15 |
| 1NVEST MSCI World Index Feeder Fund - B1 | 0 | 8,918,523 | 24.51 | 9.50 | 8,918,523 | 24.94 | 9.47 |
| BCI Credo Global Equity Feeder - B | 0 | 1,717,431 | 3.08 | 1.19 | 1,717,431 | 3.02 | 1.15 |
| BCI Fairtree Global Income Plus Feeder - C | 0 | 2,679,604 | 4.12 | 1.60 | 2,679,604 | 4.14 | 1.57 |
| BCI Fundsmith Equity Feeder - B | 0 | 1,331,125 | 2.92 | 1.13 | 1,331,125 | 3.04 | 1.16 |
| BCI Ranmore Global Value Equity Feeder - A | 0 | 1,494,207 | 3.24 | 1.25 | 1,494,207 | 3.17 | 1.20 |
| Blue Quadrant WW Flexible Prescient - A | 0 | 471,838 | 2.90 | 1.13 | 471,838 | 3.12 | 1.19 |
| Mi-PLAN IP Global Macro - B2 | 0 | 59,649 | 3.17 | 1.23 | 59,649 | 3.30 | 1.25 |
| PSG Global Equity Feeder - E | 0 | 591,590 | 2.84 | 1.10 | 591,590 | 2.90 | 1.10 |
| Rozendal Global Prescient Feeder - A | 0 | 1,658,236 | 2.86 | 1.11 | 1,658,236 | 2.96 | 1.12 |
| Sanlam Schroder Global Value Feeder - C | 0 | 317,798 | 2.88 | 1.12 | 317,798 | 2.81 | 1.07 |
| International Total | 0 | 19,240,001 | 52.53 | 20.36 | 19,240,001 | 53.41 | 20.28 |
| BCI Money Market - B | -11,784,860 | 3,215,140 | 3.24 | 1.26 | 15,000,000 | 15.07 | 5.72 |
| Money Market Total | -11,784,860 | 3,215,140 | 3.24 | 1.26 | 15,000,000 | 15.07 | 5.72 |
| Compagnie Financière Richemont SA | 0 | 3,171 | 8.64 | 3.35 | 3,171 | 9.00 | 3.42 |
| Personal Goods Total | 0 | 3,171 | 8.64 | 3.35 | 3,171 | 9.00 | 3.42 |
| Prescient Glb Inc Provider Feeder - B3 | 0 | 873,078 | 3.96 | 1.54 | 873,078 | 4.22 | 1.60 |
| Prudential Total | 0 | 873,078 | 3.96 | 1.54 | 873,078 | 4.22 | 1.60 |
| Datatec Ltd. | 0 | 67,438 | 2.55 | 0.99 | 67,438 | 2.56 | 0.97 |
| Naspers Ltd. | 0 | 2,150 | 9.09 | 3.52 | 2,150 | 7.68 | 2.91 |
| Prosus NV | 0 | 5,810 | 4.40 | 1.71 | 5,810 | 3.77 | 1.43 |
| Software and Computer Services Total | 0 | 75,398 | 16.04 | 6.22 | 75,398 | 14.00 | 5.32 |
| Portfolio Total | -4,862,000 | 77,826,586 | 257.94 | 100.00 | 82,688,586 | 263.43 | 100.00 |