| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Ferrari N.V | 116 | 2,288 | 18.47 | 1.00 | 2,172 | 17.58 | 1.05 |
| Auto Total | 116 | 2,288 | 18.47 | 1.00 | 2,172 | 17.58 | 1.05 |
| Bank of New York Company Incorporated | 425 | 8,409 | 12.26 | 0.66 | 7,984 | 9.83 | 0.59 |
| Barclays Plc | 16,466 | 325,473 | 20.63 | 1.12 | 309,007 | 16.06 | 0.96 |
| Royal Bank of Canada | 0 | 7,660 | 17.47 | 0.94 | 7,660 | 16.41 | 0.98 |
| Banks Total | 16,891 | 341,542 | 50.36 | 2.72 | 324,651 | 42.30 | 2.52 |
| Anglo American Ltd | 4,664 | 92,198 | 51.52 | 2.79 | 87,534 | 49.10 | 2.93 |
| Barrick Gold | -42,390 | 37,512 | 10.92 | 0.59 | 79,902 | 27.32 | 1.63 |
| BHP Billiton UK | 1,040 | 20,553 | 18.53 | 1.00 | 19,513 | 21.31 | 1.27 |
| Basic Resources Total | -36,686 | 150,263 | 80.97 | 4.38 | 186,949 | 97.73 | 5.83 |
| iShares Global Government Bond | -17,985 | 17,985 | 29.93 | 1.62 | 35,970 | 58.08 | 3.47 |
| JPMorgan USD Ultra-Short Income UCITS ETF | -4,834 | 118,246 | 112.79 | 6.10 | 123,080 | 107.58 | 6.42 |
| Bonds Total | -22,819 | 136,231 | 142.72 | 7.72 | 159,050 | 165.66 | 9.88 |
| Cash on call | 0 | 0 | 102.38 | 5.54 | 0 | 96.40 | 5.75 |
| Cash on call Total | 0 | 0 | 102.38 | 5.54 | 0 | 96.40 | 5.75 |
| Thermo Fisher Scientific Inc | 97 | 1,918 | 18.91 | 1.02 | 1,821 | 19.28 | 1.15 |
| Chemicals Total | 97 | 1,918 | 18.91 | 1.02 | 1,821 | 19.28 | 1.15 |
| Alphabet Inc A | -1,899 | 10,776 | 38.83 | 2.10 | 12,675 | 35.76 | 2.13 |
| Booking Holdings | 11 | 220 | 20.66 | 1.12 | 209 | 15.08 | 0.90 |
| Hermes International | 326 | 6,445 | 29.18 | 1.58 | 6,119 | 26.00 | 1.55 |
| Hilton Worldwide Holdings Inc | 332 | 6,564 | 30.84 | 1.67 | 6,232 | 24.81 | 1.48 |
| Netflix Inc | 111 | 2,190 | 37.04 | 2.00 | 2,079 | 25.35 | 1.51 |
| Cyclical Goods & Services Total | -1,119 | 26,195 | 156.54 | 8.47 | 27,314 | 126.99 | 7.58 |
| ChevronTexaco Corp | 500 | 9,880 | 26.89 | 1.45 | 9,380 | 23.68 | 1.41 |
| Energy Total | 500 | 9,880 | 26.89 | 1.45 | 9,380 | 23.68 | 1.41 |
| iShares MSCI Eurozone ETF | 923 | 18,245 | 16.33 | 0.88 | 17,322 | 15.61 | 0.93 |
| iShares MSCI Japan ETF | 1,119 | 22,119 | 28.04 | 1.52 | 21,000 | 25.93 | 1.55 |
| LVMH Moet Hennessy | -1,306 | 0 | 0.00 | 0.00 | 1,306 | 17.42 | 1.04 |
| Mi-Plan Global Macro Fund IC Limited | 0 | 300,000 | 77.89 | 4.21 | 300,000 | 70.46 | 4.20 |
| Equities Total | 736 | 340,364 | 122.26 | 6.61 | 339,628 | 129.41 | 7.72 |
| Blackstone Group LP | 628 | 12,413 | 40.45 | 2.19 | 11,785 | 31.13 | 1.86 |
| Mastercard Inc | 104 | 2,062 | 20.51 | 1.11 | 1,958 | 16.66 | 0.99 |
| MSCI Inc | 122 | 2,403 | 27.26 | 1.47 | 2,281 | 22.74 | 1.36 |
| Financial Services Total | 854 | 16,878 | 88.22 | 4.77 | 16,024 | 70.54 | 4.21 |
| JP Morgan Chase & Company | 907 | 17,928 | 81.39 | 4.40 | 17,021 | 61.47 | 3.67 |
| Financials Total | 907 | 17,928 | 81.39 | 4.40 | 17,021 | 61.47 | 3.67 |
| Coca Cola | 544 | 10,748 | 12.64 | 0.68 | 10,204 | 12.68 | 0.76 |
| Nestle SA | -5,898 | 0 | 0.00 | 0.00 | 5,898 | 10.24 | 0.61 |
| Food & Beverage Total | -5,354 | 10,748 | 12.64 | 0.68 | 16,102 | 22.92 | 1.37 |
| Canada - Currency | 0 | 0 | 0.11 | 0.01 | 0 | 0.00 | 0.00 |
| European - Currency | 0 | 0 | 15.25 | 0.82 | 0 | 0.66 | 0.04 |
| United Kingdom - Currency | 0 | 0 | 0.01 | 0.00 | 0 | 3.42 | 0.20 |
| USA - Currency | 0 | 0 | 74.70 | 4.04 | 0 | 75.80 | 4.52 |
| For Currency Total | 0 | 0 | 90.07 | 4.87 | 0 | 79.88 | 4.77 |
| Simon Property Group Incorporated | 492 | 9,720 | 31.49 | 1.70 | 9,228 | 26.73 | 1.59 |
| Foreign Property Total | 492 | 9,720 | 31.49 | 1.70 | 9,228 | 26.73 | 1.59 |
| ASML Holding NV | 84 | 1,664 | 21.98 | 1.19 | 1,580 | 22.70 | 1.35 |
| Caterpillar Inc | 228 | 4,506 | 30.99 | 1.68 | 4,278 | 28.91 | 1.73 |
| Fastenal Company | 454 | 8,972 | 12.23 | 0.66 | 8,518 | 10.46 | 0.62 |
| General Electric Company | 90 | 1,770 | 5.62 | 0.30 | 1,680 | 5.37 | 0.32 |
| Procter & Gamble Company | 345 | 6,823 | 21.55 | 1.17 | 6,478 | 19.40 | 1.16 |
| Vertiv Holdings | 626 | 12,369 | 26.88 | 1.45 | 11,743 | 19.75 | 1.18 |
| Waste Management | 265 | 5,242 | 19.96 | 1.08 | 4,977 | 17.73 | 1.06 |
| XPO Logistics Incorporated | 497 | 9,823 | 24.54 | 1.33 | 9,326 | 17.96 | 1.07 |
| Goods & Services Total | 2,589 | 51,169 | 163.73 | 8.86 | 48,580 | 142.27 | 8.49 |
| Amgen Incorporated | 219 | 4,323 | 21.22 | 1.15 | 4,104 | 22.79 | 1.36 |
| Eli Lilly & Company | -1,514 | 1,873 | 27.26 | 1.47 | 3,387 | 51.12 | 3.05 |
| Intuitive Surgical Inc | 198 | 3,918 | 38.92 | 2.11 | 3,720 | 31.29 | 1.87 |
| Pfizer Incorporated | -38,581 | 0 | 0.00 | 0.00 | 38,581 | 19.34 | 1.15 |
| United Health Group | 160 | 3,168 | 30.45 | 1.65 | 3,008 | 30.36 | 1.81 |
| Healthcare Total | -39,518 | 13,282 | 117.85 | 6.37 | 52,800 | 154.89 | 9.24 |
| Prudential Plc | 655 | 12,949 | 29.02 | 1.57 | 12,294 | 25.60 | 1.53 |
| Insurance Total | 655 | 12,949 | 29.02 | 1.57 | 12,294 | 25.60 | 1.53 |
| Colgate Palmolive | 739 | 14,603 | 25.12 | 1.36 | 13,864 | 24.83 | 1.48 |
| Costco Wholesale Corporation | 90 | 1,777 | 30.73 | 1.66 | 1,687 | 26.00 | 1.55 |
| Visa Inc | 292 | 5,769 | 34.40 | 1.86 | 5,477 | 25.93 | 1.55 |
| Retail Total | 1,121 | 22,149 | 90.24 | 4.88 | 21,028 | 76.76 | 4.58 |
| Advanced Micro Devices | 287 | 5,678 | 13.18 | 0.71 | 5,391 | 15.19 | 0.91 |
| Amazon.Com | 669 | 13,229 | 55.28 | 2.99 | 12,560 | 40.11 | 2.39 |
| Apple Computer Company | 4,921 | 16,939 | 80.54 | 4.36 | 12,018 | 47.88 | 2.86 |
| Broadcom Corporation | 5,573 | 5,573 | 24.78 | 1.34 | 0 | 0.00 | 0.00 |
| Cadence Design Systems Incorporated | 180 | 3,558 | 20.29 | 1.10 | 3,378 | 15.76 | 0.94 |
| Fortinet Inc | 306 | 6,052 | 10.84 | 0.59 | 5,746 | 7.64 | 0.46 |
| Meta Platforms Inc | 1,142 | 3,873 | 43.21 | 2.34 | 2,731 | 26.77 | 1.60 |
| Microsoft Corporation | 438 | 8,666 | 69.44 | 3.76 | 8,228 | 60.45 | 3.61 |
| Nvidia Corporation | 1,677 | 33,156 | 85.79 | 4.64 | 31,479 | 64.99 | 3.88 |
| Palo Alto Networks Inc | 3,216 | 6,122 | 21.27 | 1.15 | 2,906 | 17.16 | 1.02 |
| Technology Total | 18,409 | 102,846 | 424.60 | 22.97 | 84,437 | 295.94 | 17.66 |
| Portfolio Total | -62,129 | 1,266,350 | 1,848.77 | 100.00 | 1,328,479 | 1,676.05 | 100.00 |