| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Ferrari N.V | -513 | 0 | 0.00 | 0.00 | 513 | 4.28 | 1.07 |
| Auto Total | -513 | 0 | 0.00 | 0.00 | 513 | 4.28 | 1.07 |
| Barclays Plc | 0 | 67,670 | 7.17 | 1.77 | 67,670 | 6.02 | 1.51 |
| Banks Total | 0 | 67,670 | 7.17 | 1.77 | 67,670 | 6.02 | 1.51 |
| Anglo American Ltd | 0 | 8,054 | 5.53 | 1.37 | 8,054 | 5.20 | 1.31 |
| Barrick Gold | 0 | 15,663 | 11.46 | 2.83 | 15,663 | 8.85 | 2.23 |
| BHP Billiton UK | -4,092 | 0 | 0.00 | 0.00 | 4,092 | 3.98 | 1.00 |
| Rheinmetal Berlin | 0 | 87 | 2.64 | 0.65 | 87 | 3.49 | 0.88 |
| Basic Resources Total | -4,092 | 23,804 | 19.63 | 4.86 | 27,896 | 21.52 | 5.41 |
| SA Bond R2040 | 0 | 15,650,000 | 16.31 | 4.03 | 15,650,000 | 14.58 | 3.67 |
| Bond Total | 0 | 15,650,000 | 16.31 | 4.03 | 15,650,000 | 14.58 | 3.67 |
| JPMorgan USD Ultra-Short Income UCITS ETF | 0 | 2,164 | 1.82 | 0.45 | 2,164 | 1.90 | 0.48 |
| Bonds Total | 0 | 2,164 | 1.82 | 0.45 | 2,164 | 1.90 | 0.48 |
| Cash on call | 0 | 0 | 33.77 | 8.36 | 0 | 27.74 | 6.97 |
| Margin Account | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 33.77 | 8.36 | 0 | 27.74 | 6.97 |
| Newmont Mining Corp. (NMC) | 5,180 | 5,180 | 8.73 | 2.16 | 0 | 0.00 | 0.00 |
| Construction Total | 5,180 | 5,180 | 8.73 | 2.16 | 0 | 0.00 | 0.00 |
| Alphabet Inc A | 1,426 | 1,426 | 7.40 | 1.83 | 0 | 0.00 | 0.00 |
| Booking Holdings | 0 | 27 | 2.42 | 0.60 | 27 | 2.55 | 0.64 |
| Hermes International | 0 | 1,009 | 4.15 | 1.03 | 1,009 | 4.33 | 1.09 |
| Hilton Worldwide Holdings Inc | 0 | 1,214 | 5.83 | 1.44 | 1,214 | 5.50 | 1.38 |
| Netflix Inc | 3,798 | 4,220 | 6.54 | 1.62 | 422 | 8.80 | 2.21 |
| Cyclical Goods & Services Total | 5,224 | 7,896 | 26.35 | 6.52 | 2,672 | 21.17 | 5.32 |
| ChevronTexaco Corp | 0 | 2,145 | 5.40 | 1.34 | 2,145 | 5.79 | 1.45 |
| Energy Total | 0 | 2,145 | 5.40 | 1.34 | 2,145 | 5.79 | 1.45 |
| Ishares MSCI AC Far East Ex-Japan | 0 | 2,149 | 3.32 | 0.82 | 2,149 | 3.38 | 0.85 |
| iShares MSCI Eurozone ETF | 0 | 7,104 | 7.57 | 1.87 | 7,104 | 7.55 | 1.90 |
| iShares MSCI Japan ETF | 0 | 4,599 | 6.16 | 1.52 | 4,599 | 6.40 | 1.61 |
| Equities Total | 0 | 13,852 | 17.05 | 4.22 | 13,852 | 17.33 | 4.36 |
| NewGold | 0 | 11,102 | 7.38 | 1.83 | 11,102 | 6.77 | 1.70 |
| Exchange Traded Funds Total | 0 | 11,102 | 7.38 | 1.83 | 11,102 | 6.77 | 1.70 |
| Deutsche Boerse AG | 0 | 429 | 1.87 | 0.46 | 429 | 1.99 | 0.50 |
| Mastercard Inc | 0 | 584 | 5.58 | 1.38 | 584 | 5.73 | 1.44 |
| Mercadolibre Inc | 0 | 66 | 2.21 | 0.55 | 66 | 2.85 | 0.72 |
| MSCI Inc | 0 | 598 | 5.76 | 1.42 | 598 | 5.88 | 1.48 |
| Financial Services Total | 0 | 1,677 | 15.41 | 3.81 | 1,677 | 16.46 | 4.14 |
| JP Morgan Chase & Company | 0 | 2,624 | 14.04 | 3.47 | 2,624 | 14.32 | 3.60 |
| Financials Total | 0 | 2,624 | 14.04 | 3.47 | 2,624 | 14.32 | 3.60 |
| Coca Cola | 0 | 1,948 | 2.26 | 0.56 | 1,948 | 2.24 | 0.56 |
| Food & Beverage Total | 0 | 1,948 | 2.26 | 0.56 | 1,948 | 2.24 | 0.56 |
| Canada - Currency | 0 | 0 | 0.77 | 0.19 | 0 | 0.79 | 0.20 |
| European - Currency | 0 | 0 | 6.25 | 1.55 | 0 | 2.78 | 0.70 |
| United Kingdom - Currency | 0 | 0 | 0.19 | 0.05 | 0 | 0.19 | 0.05 |
| USA - Currency | 0 | 0 | 19.21 | 4.75 | 0 | 28.87 | 7.26 |
| For Currency Total | 0 | 0 | 26.42 | 6.54 | 0 | 32.63 | 8.20 |
| Foreign - Equities | 0 | 0 | 17.42 | 4.31 | 0 | 8.59 | 2.16 |
| Foreign Invest Total | 0 | 0 | 17.42 | 4.31 | 0 | 8.59 | 2.16 |
| Simon Property Group Incorporated | 0 | 1,828 | 5.65 | 1.40 | 1,828 | 5.87 | 1.48 |
| Foreign Property Total | 0 | 1,828 | 5.65 | 1.40 | 1,828 | 5.87 | 1.48 |
| Caterpillar Inc | 0 | 639 | 6.10 | 1.51 | 639 | 5.21 | 1.31 |
| Fastenal Company | 0 | 4,238 | 2.86 | 0.71 | 4,238 | 3.58 | 0.90 |
| GE Vernova Inc | 0 | 511 | 5.57 | 1.38 | 511 | 5.32 | 1.34 |
| Philip Morris International | 0 | 1,136 | 3.07 | 0.76 | 1,136 | 3.20 | 0.80 |
| Procter & Gamble Company | 0 | 973 | 2.32 | 0.57 | 973 | 2.58 | 0.65 |
| Siemens AG | 0 | 924 | 4.30 | 1.06 | 924 | 4.25 | 1.07 |
| Waste Management | -1,672 | 0 | 0.00 | 0.00 | 1,672 | 6.34 | 1.59 |
| XPO Logistics Incorporated | -1,053 | 0 | 0.00 | 0.00 | 1,053 | 2.32 | 0.58 |
| Goods & Services Total | -2,725 | 8,421 | 24.22 | 5.99 | 11,146 | 32.80 | 8.24 |
| Amgen Incorporated | 0 | 945 | 5.14 | 1.27 | 945 | 4.47 | 1.12 |
| Boston Scientific Corporation | 0 | 1,006 | 1.60 | 0.40 | 1,006 | 1.69 | 0.42 |
| Eli Lilly & Company | 0 | 604 | 10.79 | 2.67 | 604 | 7.58 | 1.91 |
| Intuitive Surgical Inc | 0 | 465 | 4.40 | 1.09 | 465 | 3.53 | 0.89 |
| Healthcare Total | 0 | 3,020 | 21.92 | 5.42 | 3,020 | 17.28 | 4.34 |
| Berkshire Hathaway Inc | -242 | 923 | 7.69 | 1.90 | 1,165 | 10.05 | 2.53 |
| Prudential Plc | 0 | 2,642 | 4.97 | 1.23 | 2,642 | 4.74 | 1.19 |
| Insurance Total | -242 | 3,565 | 12.66 | 3.13 | 3,807 | 14.79 | 3.72 |
| 1NVEST Global REIT Index Feeder ETF | 139,494 | 139,494 | 2.94 | 0.73 | 0 | 3.08 | 0.77 |
| International Total | 139,494 | 139,494 | 2.94 | 0.73 | 0 | 3.08 | 0.77 |
| Valterra Platinum Ltd. | -3,615 | 0 | 0.00 | 0.00 | 3,615 | 4.35 | 1.09 |
| Precious Metals and Mining Total | -3,615 | 0 | 0.00 | 0.00 | 3,615 | 4.35 | 1.09 |
| Colgate Palmolive | 0 | 2,263 | 2.98 | 0.74 | 2,263 | 3.14 | 0.79 |
| Costco Wholesale Corporation | 0 | 263 | 3.77 | 0.93 | 263 | 4.17 | 1.05 |
| Visa Inc | 0 | 1,423 | 8.32 | 2.06 | 1,423 | 8.37 | 2.10 |
| Wal-Mart Stores Incorporated | 1,672 | 1,672 | 6.14 | 1.52 | 0 | 0.00 | 0.00 |
| Retail Total | 1,672 | 5,621 | 21.20 | 5.25 | 3,949 | 15.68 | 3.94 |
| Amazon.Com | 0 | 2,647 | 10.18 | 2.52 | 2,647 | 10.16 | 2.55 |
| Apple Computer Company | 0 | 2,686 | 12.13 | 3.00 | 2,686 | 11.81 | 2.97 |
| Broadcom Corporation | 0 | 764 | 4.42 | 1.09 | 764 | 4.33 | 1.09 |
| Meta Platforms Inc | 0 | 910 | 10.02 | 2.48 | 910 | 11.69 | 2.94 |
| Microsoft Corporation | 0 | 2,138 | 17.24 | 4.26 | 2,138 | 19.01 | 4.78 |
| Nvidia Corporation | -599 | 6,475 | 20.08 | 4.97 | 7,074 | 22.23 | 5.59 |
| Palantir Technologies | 0 | 1,152 | 3.45 | 0.85 | 1,152 | 3.56 | 0.89 |
| Palo Alto Networks Inc | 0 | 1,773 | 5.48 | 1.36 | 1,773 | 6.25 | 1.57 |
| SAP AG | 1,135 | 1,135 | 4.60 | 1.14 | 0 | 0.00 | 0.00 |
| SAP SE (spons. ADRs) | -1,135 | 0 | 0.00 | 0.00 | 1,135 | 5.23 | 1.31 |
| Taiwan Semiconductors | 0 | 1,782 | 8.85 | 2.19 | 1,782 | 8.43 | 2.12 |
| Technology Total | -599 | 21,462 | 96.44 | 23.86 | 22,061 | 102.72 | 25.82 |
| Portfolio Total | 139,784 | 15,973,473 | 404.18 | 100.00 | 15,833,689 | 397.90 | 100.00 |