| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Ferrari N.V | 2,172 | 2,172 | 17.58 | 1.05 | 0 | 0.00 | 0.00 |
| Auto Total | 2,172 | 2,172 | 17.58 | 1.05 | 0 | 0.00 | 0.00 |
| Bank of New York Company Incorporated | 0 | 7,984 | 9.83 | 0.59 | 7,984 | 8.72 | 0.52 |
| Barclays Plc | 0 | 309,007 | 16.06 | 0.96 | 309,007 | 14.94 | 0.89 |
| Royal Bank of Canada | 0 | 7,660 | 16.41 | 0.98 | 7,660 | 14.87 | 0.89 |
| Banks Total | 0 | 324,651 | 42.30 | 2.52 | 324,651 | 38.53 | 2.31 |
| Anglo American Ltd | 0 | 87,534 | 49.10 | 2.93 | 87,534 | 50.57 | 3.03 |
| Barrick Gold | 0 | 79,902 | 27.32 | 1.63 | 79,902 | 24.50 | 1.47 |
| BHP Billiton UK | 0 | 19,513 | 21.31 | 1.27 | 19,513 | 20.41 | 1.22 |
| Basic Resources Total | 0 | 186,949 | 97.73 | 5.83 | 186,949 | 95.47 | 5.72 |
| iShares Global Government Bond | 0 | 35,970 | 58.08 | 3.47 | 35,970 | 58.29 | 3.49 |
| JPMorgan USD Ultra-Short Income UCITS ETF | 88,450 | 123,080 | 107.58 | 6.42 | 34,630 | 31.92 | 1.91 |
| Bonds Total | 88,450 | 159,050 | 165.66 | 9.88 | 70,600 | 90.21 | 5.40 |
| Cash on call | 0 | 0 | 96.40 | 5.75 | 0 | 103.02 | 6.17 |
| Cash on call Total | 0 | 0 | 96.40 | 5.75 | 0 | 103.02 | 6.17 |
| Thermo Fisher Scientific Inc | 0 | 1,821 | 19.28 | 1.15 | 1,821 | 18.49 | 1.11 |
| Chemicals Total | 0 | 1,821 | 19.28 | 1.15 | 1,821 | 18.49 | 1.11 |
| Alphabet Inc A | 0 | 12,675 | 35.76 | 2.13 | 12,675 | 42.62 | 2.55 |
| Booking Holdings | -91 | 209 | 15.08 | 0.90 | 300 | 22.03 | 1.32 |
| ELF Beauty Inc | -7,500 | 0 | 0.00 | 0.00 | 7,500 | 29.03 | 1.74 |
| Hermes International | 0 | 6,119 | 26.00 | 1.55 | 6,119 | 25.69 | 1.54 |
| Hilton Worldwide Holdings Inc | 0 | 6,232 | 24.81 | 1.48 | 6,232 | 24.79 | 1.48 |
| Netflix Inc | 0 | 2,079 | 25.35 | 1.51 | 2,079 | 25.87 | 1.55 |
| Uber Technologies | -12,272 | 0 | 0.00 | 0.00 | 12,272 | 16.33 | 0.98 |
| Cyclical Goods & Services Total | -19,863 | 27,314 | 126.99 | 7.58 | 47,177 | 186.35 | 11.16 |
| ChevronTexaco Corp | 0 | 9,380 | 23.68 | 1.41 | 9,380 | 26.91 | 1.61 |
| Energy Total | 0 | 9,380 | 23.68 | 1.41 | 9,380 | 26.91 | 1.61 |
| iShares MSCI Eurozone ETF | 0 | 17,322 | 15.61 | 0.93 | 17,322 | 15.43 | 0.92 |
| iShares MSCI Japan ETF | 0 | 21,000 | 25.93 | 1.55 | 21,000 | 26.27 | 1.57 |
| LVMH Moet Hennessy | 0 | 1,306 | 17.42 | 1.04 | 1,306 | 18.29 | 1.10 |
| Mi-Plan Global Macro Fund IC Limited | 0 | 300,000 | 70.46 | 4.20 | 300,000 | 73.04 | 4.37 |
| Equities Total | 0 | 339,628 | 129.41 | 7.72 | 339,628 | 133.03 | 7.96 |
| Blackstone Group LP | 0 | 11,785 | 31.13 | 1.86 | 11,785 | 27.10 | 1.62 |
| Mastercard Inc | 0 | 1,958 | 16.66 | 0.99 | 1,958 | 16.01 | 0.96 |
| MSCI Inc | 0 | 2,281 | 22.74 | 1.36 | 2,281 | 20.29 | 1.21 |
| Financial Services Total | 0 | 16,024 | 70.54 | 4.21 | 16,024 | 63.40 | 3.80 |
| JP Morgan Chase & Company | 1,631 | 17,021 | 61.47 | 3.67 | 15,390 | 56.74 | 3.40 |
| Financials Total | 1,631 | 17,021 | 61.47 | 3.67 | 15,390 | 56.74 | 3.40 |
| Coca Cola | 10,204 | 10,204 | 12.68 | 0.76 | 0 | 0.00 | 0.00 |
| Nestle SA | -3,032 | 5,898 | 10.24 | 0.61 | 8,930 | 16.67 | 1.00 |
| Food & Beverage Total | 7,172 | 16,102 | 22.92 | 1.37 | 8,930 | 16.67 | 1.00 |
| European - Currency | 0 | 0 | 0.66 | 0.04 | 0 | 0.67 | 0.04 |
| United Kingdom - Currency | 0 | 0 | 3.42 | 0.20 | 0 | 3.20 | 0.19 |
| USA - Currency | 0 | 0 | 75.80 | 4.52 | 0 | 126.82 | 7.59 |
| For Currency Total | 0 | 0 | 79.88 | 4.77 | 0 | 130.69 | 7.82 |
| Simon Property Group Incorporated | 0 | 9,228 | 26.73 | 1.59 | 9,228 | 25.37 | 1.52 |
| Foreign Property Total | 0 | 9,228 | 26.73 | 1.59 | 9,228 | 25.37 | 1.52 |
| ASML Holding NV | 0 | 1,580 | 22.70 | 1.35 | 1,580 | 30.00 | 1.80 |
| Caterpillar Inc | 0 | 4,278 | 28.91 | 1.73 | 4,278 | 26.01 | 1.56 |
| Fastenal Company | 0 | 8,518 | 10.46 | 0.62 | 8,518 | 9.88 | 0.59 |
| General Electric Company | 0 | 1,680 | 5.37 | 0.32 | 1,680 | 4.92 | 0.29 |
| Procter & Gamble Company | 0 | 6,478 | 19.40 | 1.16 | 6,478 | 19.71 | 1.18 |
| RXO Inc | -9,326 | 0 | 0.00 | 0.00 | 9,326 | 4.37 | 0.26 |
| United Parcel Services Incorporated | -4,444 | 0 | 0.00 | 0.00 | 4,444 | 11.09 | 0.66 |
| Vertiv Holdings | 0 | 11,743 | 19.75 | 1.18 | 11,743 | 18.71 | 1.12 |
| Waste Management | 0 | 4,977 | 17.73 | 1.06 | 4,977 | 19.37 | 1.16 |
| XPO Logistics Incorporated | 0 | 9,326 | 17.96 | 1.07 | 9,326 | 18.19 | 1.09 |
| Goods & Services Total | -13,770 | 48,580 | 142.27 | 8.49 | 62,350 | 162.24 | 9.71 |
| Amgen Incorporated | 4,104 | 4,104 | 22.79 | 1.36 | 0 | 0.00 | 0.00 |
| Eli Lilly & Company | -1,258 | 3,387 | 51.12 | 3.05 | 4,645 | 77.53 | 4.64 |
| Intuitive Surgical Inc | 3,041 | 3,720 | 31.29 | 1.87 | 679 | 5.53 | 0.33 |
| Johnson & Johnson | -7,864 | 0 | 0.00 | 0.00 | 7,864 | 21.03 | 1.26 |
| Pfizer Incorporated | 22,246 | 38,581 | 19.34 | 1.15 | 16,335 | 8.37 | 0.50 |
| United Health Group | 577 | 3,008 | 30.36 | 1.81 | 2,431 | 22.20 | 1.33 |
| Healthcare Total | 20,846 | 52,800 | 154.89 | 9.24 | 31,954 | 134.65 | 8.06 |
| Prudential Plc | 0 | 12,294 | 25.60 | 1.53 | 12,294 | 26.52 | 1.59 |
| Insurance Total | 0 | 12,294 | 25.60 | 1.53 | 12,294 | 26.52 | 1.59 |
| Colgate Palmolive | 13,864 | 13,864 | 24.83 | 1.48 | 0 | 0.00 | 0.00 |
| Costco Wholesale Corporation | 0 | 1,687 | 26.00 | 1.55 | 1,687 | 26.38 | 1.58 |
| Visa Inc | 0 | 5,477 | 25.93 | 1.55 | 5,477 | 26.79 | 1.60 |
| Retail Total | 13,864 | 21,028 | 76.76 | 4.58 | 7,164 | 53.16 | 3.18 |
| Advanced Micro Devices | 0 | 5,391 | 15.19 | 0.91 | 5,391 | 16.24 | 0.97 |
| Amazon.Com | 0 | 12,560 | 40.11 | 2.39 | 12,560 | 45.10 | 2.70 |
| Apple Computer Company | 1,572 | 12,018 | 47.88 | 2.86 | 10,446 | 40.94 | 2.45 |
| Cadence Design Systems Incorporated | 3,378 | 3,378 | 15.76 | 0.94 | 0 | 0.00 | 0.00 |
| Fortinet Inc | 0 | 5,746 | 7.64 | 0.46 | 5,746 | 6.36 | 0.38 |
| Meta Platforms Inc | 0 | 2,731 | 26.77 | 1.60 | 2,731 | 25.80 | 1.54 |
| Microsoft Corporation | 0 | 8,228 | 60.45 | 3.61 | 8,228 | 68.27 | 4.09 |
| Nvidia Corporation | -6,731 | 31,479 | 64.99 | 3.88 | 38,210 | 88.10 | 5.27 |
| Palo Alto Networks Inc | 0 | 2,906 | 17.16 | 1.02 | 2,906 | 18.12 | 1.08 |
| Technology Total | -1,781 | 84,437 | 295.94 | 17.66 | 86,218 | 308.93 | 18.49 |
| Portfolio Total | 98,721 | 1,328,479 | 1,676.05 | 100.00 | 1,229,758 | 1,670.39 | 100.00 |