| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Carvana Co | 176 | 176 | 1.19 | 0.12 | 0 | 0.00 | 0.00 |
| Auto Total | 176 | 176 | 1.19 | 0.12 | 0 | 0.00 | 0.00 |
| Anheuser-Busch InBev SA/NV | -10,676 | 0 | 0.00 | 0.00 | 10,676 | 13.01 | 2.08 |
| Beverages Total | -10,676 | 0 | 0.00 | 0.00 | 10,676 | 13.01 | 2.08 |
| Cash on call | 0 | 0 | 30.23 | 2.98 | 0 | 2.93 | 0.47 |
| Margin Account | 0 | 0 | 2.20 | 0.22 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 32.43 | 3.20 | 0 | 2.93 | 0.47 |
| AECI Ltd. | -2,613 | 0 | 0.00 | 0.00 | 2,613 | 0.28 | 0.04 |
| Sasol Ltd. | 289,427 | 289,427 | 31.08 | 3.07 | 0 | 0.00 | 0.00 |
| Chemicals Total | 286,814 | 289,427 | 31.08 | 3.07 | 2,613 | 0.28 | 0.04 |
| Archer Aviation Inc | -14,496 | 6,126 | 1.02 | 0.10 | 20,622 | 3.84 | 0.61 |
| Cyclical Goods & Services Total | -14,496 | 6,126 | 1.02 | 0.10 | 20,622 | 3.84 | 0.61 |
| NRG Energy Inc | -93 | 0 | 0.00 | 0.00 | 93 | 0.27 | 0.04 |
| Energy Total | -93 | 0 | 0.00 | 0.00 | 93 | 0.27 | 0.04 |
| iShares 1-3 Year Treasury Bond ETF | -3,605 | 0 | 0.00 | 0.00 | 3,605 | 5.31 | 0.85 |
| iShares MSCI USA Quality Factor ETF | -1,881 | 0 | 0.00 | 0.00 | 1,881 | 6.07 | 0.97 |
| SPDR S&P 500 ETF | -1,168 | 398 | 4.57 | 0.45 | 1,566 | 17.14 | 2.74 |
| VanEck Vectors Gold Miners ETF | -5,680 | 0 | 0.00 | 0.00 | 5,680 | 5.12 | 0.82 |
| Equities Total | -12,334 | 398 | 4.57 | 0.45 | 12,732 | 33.64 | 5.37 |
| Cipher Mining Inc | 18,739 | 18,739 | 4.10 | 0.40 | 0 | 0.00 | 0.00 |
| Robinhood Markets Inc | 6,309 | 6,309 | 14.91 | 1.47 | 0 | 0.00 | 0.00 |
| Financial Services Total | 25,048 | 25,048 | 19.00 | 1.88 | 0 | 0.00 | 0.00 |
| Celsius Holdings Inc | 1,185 | 1,185 | 1.17 | 0.12 | 0 | 0.00 | 0.00 |
| Food & Beverage Total | 1,185 | 1,185 | 1.17 | 0.12 | 0 | 0.00 | 0.00 |
| Tiger Brands Ltd. | -86,023 | 0 | 0.00 | 0.00 | 86,023 | 27.66 | 4.41 |
| Food Producers Total | -86,023 | 0 | 0.00 | 0.00 | 86,023 | 27.66 | 4.41 |
| European - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 1.49 | 0.15 | 0 | 0.62 | 0.10 |
| For Currency Total | 0 | 0 | 1.49 | 0.15 | 0 | 0.62 | 0.10 |
| Foreign - Equities | 0 | 0 | 14.84 | 1.47 | 0 | 23.93 | 3.82 |
| Foreign Invest Total | 0 | 0 | 14.84 | 1.47 | 0 | 23.93 | 3.82 |
| Barloworld Ltd. | 2,940 | 13,362 | 1.57 | 0.16 | 10,422 | 1.16 | 0.18 |
| General Industrials Total | 2,940 | 13,362 | 1.57 | 0.16 | 10,422 | 1.16 | 0.18 |
| Axon Enterprise Inc. | -8 | 0 | 0.00 | 0.00 | 8 | 0.12 | 0.02 |
| Bloom Energy Company | 3,179 | 3,179 | 4.04 | 0.40 | 0 | 0.00 | 0.00 |
| GE Vernova Inc | 118 | 118 | 1.23 | 0.12 | 0 | 0.00 | 0.00 |
| Joby Aviation Inc | 9,846 | 9,846 | 2.72 | 0.27 | 0 | 0.00 | 0.00 |
| Philip Morris International | -13 | 0 | 0.00 | 0.00 | 13 | 0.04 | 0.01 |
| QuantumScape | 27,422 | 27,422 | 5.87 | 0.58 | 0 | 0.00 | 0.00 |
| Roblox Corporation | 3,287 | 3,520 | 8.61 | 0.85 | 233 | 0.44 | 0.07 |
| Goods & Services Total | 43,831 | 44,085 | 22.47 | 2.22 | 254 | 0.60 | 0.10 |
| Insmed Incorporated | 504 | 504 | 1.23 | 0.12 | 0 | 0.00 | 0.00 |
| Healthcare Total | 504 | 504 | 1.23 | 0.12 | 0 | 0.00 | 0.00 |
| Grindrod Ltd. | 53,213 | 53,213 | 0.80 | 0.08 | 0 | 0.00 | 0.00 |
| Super Group Ltd. | -10,201 | 0 | 0.00 | 0.00 | 10,201 | 0.16 | 0.03 |
| Industrial Transportation Total | 43,012 | 53,213 | 0.80 | 0.08 | 10,201 | 0.16 | 0.03 |
| Methodical BCI Global Dynamic - B5 | 23,833,921 | 103,507,130 | 186.95 | 18.45 | 79,673,209 | 127.80 | 20.40 |
| International Total | 23,833,921 | 103,507,130 | 186.95 | 18.45 | 79,673,209 | 127.80 | 20.40 |
| Ninety One Ltd. | 63,472 | 63,472 | 2.89 | 0.29 | 0 | 0.00 | 0.00 |
| Ninety One plc | 61,044 | 61,044 | 2.86 | 0.28 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 124,516 | 124,516 | 5.75 | 0.57 | 0 | 0.00 | 0.00 |
| Discovery Ltd. | -95,458 | 0 | 0.00 | 0.00 | 95,458 | 20.56 | 3.28 |
| Momentum Group Ltd. | -489,674 | 0 | 0.00 | 0.00 | 489,674 | 16.83 | 2.69 |
| Life Insurance Total | -585,132 | 0 | 0.00 | 0.00 | 585,132 | 37.39 | 5.97 |
| OUTsurance Group Ltd. | -340,518 | 0 | 0.00 | 0.00 | 340,518 | 26.68 | 4.26 |
| Non-life Insurance Total | -340,518 | 0 | 0.00 | 0.00 | 340,518 | 26.68 | 4.26 |
| Compagnie Financière Richemont SA | -3,278 | 0 | 0.00 | 0.00 | 3,278 | 10.92 | 1.74 |
| Personal Goods Total | -3,278 | 0 | 0.00 | 0.00 | 3,278 | 10.92 | 1.74 |
| Adcock Ingram Holdings Ltd. | 34,493 | 34,493 | 2.48 | 0.25 | 0 | 0.00 | 0.00 |
| Pharmaceuticals and Biotechnology Total | 34,493 | 34,493 | 2.48 | 0.25 | 0 | 0.00 | 0.00 |
| DRDGOLD Ltd. | 15,868 | 138,483 | 6.54 | 0.65 | 122,615 | 2.88 | 0.46 |
| Impala Platinum Holdings Ltd. | 129,388 | 353,102 | 76.86 | 7.59 | 223,714 | 35.65 | 5.69 |
| Northam Platinum Holdings Ltd. | 75,140 | 230,481 | 64.30 | 6.35 | 155,341 | 30.05 | 4.80 |
| Pan African Resources plc | 589,757 | 3,871,477 | 77.82 | 7.68 | 3,281,720 | 36.13 | 5.77 |
| Sibanye Stillwater Ltd. | 310,057 | 1,500,995 | 73.83 | 7.29 | 1,190,938 | 38.47 | 6.14 |
| Valterra Platinum Ltd. | 44,447 | 52,276 | 63.15 | 6.23 | 7,829 | 6.20 | 0.99 |
| Precious Metals and Mining Total | 1,164,657 | 6,146,814 | 362.51 | 35.78 | 4,982,157 | 149.38 | 23.84 |
| Hammerson plc | -28,376 | 0 | 0.03 | 0.00 | 28,376 | 2.09 | 0.33 |
| Shaftesbury Capital plc | -3,553 | 0 | 0.02 | 0.00 | 3,553 | 0.14 | 0.02 |
| Sirius Real Estate Ltd. | -8,387 | 0 | 0.00 | 0.00 | 8,387 | 0.20 | 0.03 |
| Real Estate Investment Trusts Total | -40,316 | 0 | 0.05 | 0.00 | 40,316 | 2.43 | 0.39 |
| Wayfair Inc | 1,872 | 1,872 | 2.89 | 0.28 | 0 | 0.00 | 0.00 |
| Retail Total | 1,872 | 1,872 | 2.89 | 0.28 | 0 | 0.00 | 0.00 |
| Pepkor Holdings Ltd. | -202,751 | 0 | 0.00 | 0.00 | 202,751 | 5.53 | 0.88 |
| We Buy Cars Holdings Ltd. | 9,380 | 52,475 | 2.91 | 0.29 | 43,095 | 2.55 | 0.41 |
| Retailers Total | -193,371 | 52,475 | 2.91 | 0.29 | 245,846 | 8.08 | 1.29 |
| Bytes Technology Group plc | -9,743 | 0 | 0.00 | 0.00 | 9,743 | 1.21 | 0.19 |
| Datatec Ltd. | -15,528 | 45,310 | 2.71 | 0.27 | 60,838 | 3.97 | 0.63 |
| Naspers Ltd. | 1,204 | 6,196 | 39.04 | 3.85 | 4,992 | 27.67 | 4.42 |
| Prosus NV | 19,122 | 48,501 | 59.40 | 5.86 | 29,379 | 29.10 | 4.64 |
| Software and Computer Services Total | -4,945 | 100,007 | 101.16 | 9.99 | 104,952 | 61.95 | 9.89 |
| Howmet Aerospace Inc | -24 | 0 | 0.00 | 0.00 | 24 | 0.08 | 0.01 |
| Specialist Securities Total | -24 | 0 | 0.00 | 0.00 | 24 | 0.08 | 0.01 |
| Applied Digital Corporation | 16,666 | 16,666 | 6.38 | 0.63 | 0 | 0.00 | 0.00 |
| AppLovin Corporation | -368 | 345 | 4.25 | 0.42 | 713 | 4.23 | 0.68 |
| Astera Labs Inc | 2,533 | 2,533 | 8.70 | 0.86 | 0 | 0.00 | 0.00 |
| BigBear.ai Holdings Inc | 74,300 | 74,300 | 8.30 | 0.82 | 0 | 0.00 | 0.00 |
| Cloudflare Inc | -48 | 0 | 0.00 | 0.00 | 48 | 0.17 | 0.03 |
| Credo Technology Group Holding | 4,087 | 4,087 | 10.31 | 1.02 | 0 | 0.00 | 0.00 |
| IonQ Inc | 7,265 | 7,265 | 8.07 | 0.80 | 0 | 0.00 | 0.00 |
| Kratos Defense & Security Solutions Inc. | 4,698 | 4,698 | 7.15 | 0.71 | 0 | 0.00 | 0.00 |
| Microstrategy | -391 | 0 | 0.00 | 0.00 | 391 | 2.67 | 0.43 |
| NuScale Power Corp | 629 | 3,941 | 2.60 | 0.26 | 3,312 | 2.25 | 0.36 |
| Palantir Technologies | 1,116 | 3,632 | 11.23 | 1.11 | 2,516 | 5.85 | 0.93 |
| Rigetti Computing Inc | 2,598 | 2,598 | 1.33 | 0.13 | 0 | 0.00 | 0.00 |
| Rocket Lab USA Inc | -3,081 | 9,031 | 7.34 | 0.72 | 12,112 | 7.62 | 1.22 |
| Zscaler Inc | -14 | 0 | 0.00 | 0.00 | 14 | 0.08 | 0.01 |
| Technology Total | 109,990 | 129,096 | 75.65 | 7.47 | 19,106 | 22.86 | 3.65 |
| AST SpaceMobile Inc | 4,269 | 4,269 | 3.60 | 0.36 | 0 | 0.00 | 0.00 |
| Lumentum Holdings Inc. | 947 | 947 | 2.66 | 0.26 | 0 | 0.00 | 0.00 |
| Telecom Total | 5,216 | 5,216 | 6.26 | 0.62 | 0 | 0.00 | 0.00 |
| Blu Label Unlimited Group Ltd. | 160,926 | 379,593 | 4.50 | 0.44 | 218,667 | 3.13 | 0.50 |
| MTN Group Ltd. | 32,883 | 285,371 | 40.03 | 3.95 | 252,488 | 35.66 | 5.69 |
| Telkom SA SOC Ltd. | 988,798 | 1,069,874 | 54.78 | 5.41 | 81,076 | 4.29 | 0.68 |
| Vodacom Group Ltd. | -94,920 | 5,816 | 0.77 | 0.08 | 100,736 | 13.76 | 2.20 |
| Telecommunications Service Providers Total | 1,087,687 | 1,740,654 | 100.08 | 9.88 | 652,967 | 56.84 | 9.07 |
| British American Tobacco plc | 20,395 | 36,773 | 33.49 | 3.31 | 16,378 | 14.00 | 2.23 |
| Tobacco Total | 20,395 | 36,773 | 33.49 | 3.31 | 16,378 | 14.00 | 2.23 |
| Portfolio Total | 25,495,051 | 112,312,570 | 1,013.09 | 100.00 | 86,817,519 | 626.48 | 100.00 |