| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Renault Sociètè Anonyme | -95,010 | 0 | 0.00 | 0.00 | 95,010 | 71.10 | 0.85 |
| Auto Total | -95,010 | 0 | 0.00 | 0.00 | 95,010 | 71.10 | 0.85 |
| Absa Group Ltd. | 345,547 | 2,243,398 | 425.68 | 4.92 | 1,897,851 | 332.12 | 3.95 |
| FirstRand Ltd. | -220,087 | 2,740,410 | 208.16 | 2.41 | 2,960,497 | 246.40 | 2.93 |
| Investec Ltd. | -623,119 | 1,368,689 | 171.14 | 1.98 | 1,991,808 | 261.52 | 3.11 |
| Nedbank Group Ltd. | 47,135 | 1,185,527 | 333.97 | 3.86 | 1,138,392 | 341.98 | 4.07 |
| Standard Bank Group Ltd. | 18,065 | 1,817,344 | 403.01 | 4.66 | 1,799,279 | 436.95 | 5.20 |
| Banks Total | -432,459 | 9,355,368 | 1,541.98 | 17.84 | 9,787,827 | 1,618.99 | 19.27 |
| Freeport-McMoran C&G | -148,467 | 0 | 0.00 | 0.00 | 148,467 | 131.18 | 1.56 |
| Basic Resources Total | -148,467 | 0 | 0.00 | 0.00 | 148,467 | 131.18 | 1.56 |
| Anheuser-Busch InBev SA/NV | 90,334 | 90,334 | 84.73 | 0.98 | 0 | 0.00 | 0.00 |
| Beverages Total | 90,334 | 90,334 | 84.73 | 0.98 | 0 | 0.00 | 0.00 |
| SA Bond AGT06 | 0 | 15,000,000 | 15.41 | 0.18 | 15,000,000 | 15.41 | 0.18 |
| Bond Total | 0 | 15,000,000 | 15.41 | 0.18 | 15,000,000 | 15.41 | 0.18 |
| Cash on call | 0 | 0 | 324.71 | 3.76 | 0 | 48.34 | 0.58 |
| Cash on call Total | 0 | 0 | 324.71 | 3.76 | 0 | 48.34 | 0.58 |
| Accor SA | -108,665 | 0 | 0.00 | 0.00 | 108,665 | 82.97 | 0.99 |
| Alphabet Inc C | -8,160 | 64,605 | 234.79 | 2.72 | 72,765 | 207.00 | 2.46 |
| Booking Holdings | 648 | 1,276 | 120.11 | 1.39 | 628 | 45.91 | 0.55 |
| Flutter Entertainment | -4,045 | 14,485 | 70.93 | 0.82 | 18,530 | 76.17 | 0.91 |
| Imperial Brands plc | 205,278 | 205,278 | 123.86 | 1.43 | 0 | 0.00 | 0.00 |
| Sony Corporation | 102,494 | 102,494 | 41.00 | 0.47 | 0 | 0.00 | 0.00 |
| Cyclical Goods & Services Total | 187,550 | 388,138 | 590.69 | 6.83 | 200,588 | 412.06 | 4.91 |
| Reunert Ltd. | 50,153 | 2,412,981 | 180.97 | 2.09 | 2,362,828 | 190.80 | 2.27 |
| Electronic and Electrical Equipment Total | 50,153 | 2,412,981 | 180.97 | 2.09 | 2,362,828 | 190.80 | 2.27 |
| Carlsberg | -29,199 | 0 | 0.00 | 0.00 | 29,199 | 60.76 | 0.72 |
| iShares Core MSCI Europe | -133,595 | 0 | 0.00 | 0.00 | 133,595 | 83.81 | 1.00 |
| iShares Russell 2000 ETF | -7,534 | 16,409 | 68.30 | 0.79 | 23,943 | 90.79 | 1.08 |
| LeGrand Schneider | -39,812 | 0 | 0.00 | 0.00 | 39,812 | 79.47 | 0.95 |
| SPDR S&P 500 ETF | 13,783 | 13,783 | 153.32 | 1.77 | 0 | 0.00 | 0.00 |
| SPDR S&P Regional Banking ETF | 38,553 | 38,553 | 43.93 | 0.51 | 0 | 0.00 | 0.00 |
| Equities Total | -157,804 | 68,745 | 265.55 | 3.07 | 226,549 | 314.82 | 3.74 |
| BNP Paribas | -53,472 | 0 | 0.00 | 0.00 | 53,472 | 63.42 | 0.76 |
| Mastercard Inc | 6,378 | 6,378 | 63.22 | 0.73 | 0 | 0.00 | 0.00 |
| Financial Services Total | -47,094 | 6,378 | 63.22 | 0.73 | 53,472 | 63.42 | 0.76 |
| Heineken Holding NV | -13,902 | 0 | 0.00 | 0.00 | 13,902 | 21.34 | 0.25 |
| Food & Beverage Total | -13,902 | 0 | 0.00 | 0.00 | 13,902 | 21.34 | 0.25 |
| Rainbow Chicken Ltd. | 6,162,000 | 6,162,000 | 22.37 | 0.26 | 0 | 0.00 | 0.00 |
| Sea Harvest Group Ltd. | 0 | 1,126,200 | 9.40 | 0.11 | 1,126,200 | 9.74 | 0.12 |
| Food Producers Total | 6,162,000 | 7,288,200 | 31.77 | 0.37 | 1,126,200 | 9.74 | 0.12 |
| Australia - Currency | 0 | 0 | 0.66 | 0.01 | 0 | 7.83 | 0.09 |
| Canada - Currency | 0 | 0 | 0.07 | 0.00 | 0 | 0.07 | 0.00 |
| Denmark - Currency | 0 | 0 | 0.00 | 0.00 | 0 | -21.88 | -0.26 |
| European - Currency | 0 | 0 | 2.36 | 0.03 | 0 | -21.98 | -0.26 |
| Sweden - Currency | 0 | 0 | 0.03 | 0.00 | 0 | 0.03 | 0.00 |
| Switzerland - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 29.01 | 0.34 | 0 | 21.85 | 0.26 |
| USA - Currency | 0 | 0 | 655.99 | 7.59 | 0 | 196.66 | 2.34 |
| For Currency Total | 0 | 0 | 688.12 | 7.96 | 0 | 182.59 | 2.17 |
| Foreign - Bonds | 0 | 0 | 157.95 | 1.83 | 0 | 146.99 | 1.75 |
| Foreign - Equities | 0 | 0 | 696.69 | 8.06 | 0 | 129.07 | 1.54 |
| Foreign - Unit Trusts | 0 | 0 | 0.00 | 0.00 | 0 | 287.28 | 3.42 |
| Foreign Invest Total | 0 | 0 | 854.64 | 9.89 | 0 | 563.34 | 6.71 |
| Goodman Group | 0 | 25,000 | 10.46 | 0.12 | 25,000 | 11.02 | 0.13 |
| Ingenia Communities | 123,659 | 1,213,834 | 65.01 | 0.75 | 1,090,175 | 65.37 | 0.78 |
| Foreign Property Total | 123,659 | 1,238,834 | 75.47 | 0.87 | 1,115,175 | 76.39 | 0.91 |
| Nexans SA | -24,592 | 0 | 0.00 | 0.00 | 24,592 | 62.37 | 0.74 |
| Prysmian Spa | -57,233 | 0 | 0.00 | 0.00 | 57,233 | 71.73 | 0.85 |
| Smurfit Kappa Group | -96,084 | 0 | 0.00 | 0.00 | 96,084 | 82.89 | 0.99 |
| Goods & Services Total | -177,909 | 0 | 0.00 | 0.00 | 177,909 | 216.99 | 2.58 |
| Netcare Ltd. | 782,083 | 782,083 | 11.67 | 0.14 | 0 | 0.00 | 0.00 |
| Health Care Providers Total | 782,083 | 782,083 | 11.67 | 0.14 | 0 | 0.00 | 0.00 |
| AstraZeneca | -13,670 | 0 | 0.00 | 0.00 | 13,670 | 36.67 | 0.44 |
| Novo-Nordisk A/S | -19,230 | 0 | 0.00 | 0.00 | 19,230 | 38.95 | 0.46 |
| Healthcare Total | -32,900 | 0 | 0.00 | 0.00 | 32,900 | 75.62 | 0.90 |
| Hudaco Industries Ltd. | 0 | 143,409 | 30.98 | 0.36 | 143,409 | 27.83 | 0.33 |
| Industrial Support Services Total | 0 | 143,409 | 30.98 | 0.36 | 143,409 | 27.83 | 0.33 |
| Super Group Ltd. | -1,340,283 | 0 | 0.00 | 0.00 | 1,340,283 | 32.68 | 0.39 |
| Industrial Transportation Total | -1,340,283 | 0 | 0.00 | 0.00 | 1,340,283 | 32.68 | 0.39 |
| Ing Groep | -392,037 | 0 | 0.00 | 0.00 | 392,037 | 122.58 | 1.46 |
| Insurance Total | -392,037 | 0 | 0.00 | 0.00 | 392,037 | 122.58 | 1.46 |
| 36ONE BCI Global Equity FF - C | 0 | 253,530,591 | 428.47 | 4.96 | 253,530,591 | 400.00 | 4.76 |
| International Total | 0 | 253,530,591 | 428.47 | 4.96 | 253,530,591 | 400.00 | 4.76 |
| Quilter plc | -3,440,708 | 579,403 | 20.60 | 0.24 | 4,020,111 | 123.58 | 1.47 |
| Remgro Ltd. | 989,965 | 989,965 | 153.54 | 1.78 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | -2,450,743 | 1,569,368 | 174.15 | 2.01 | 4,020,111 | 123.58 | 1.47 |
| Discovery Ltd. | -437,096 | 0 | 0.00 | 0.00 | 437,096 | 75.21 | 0.90 |
| Life Insurance Total | -437,096 | 0 | 0.00 | 0.00 | 437,096 | 75.21 | 0.90 |
| Bid Corporation Ltd. | 134,239 | 621,639 | 267.66 | 3.10 | 487,400 | 217.54 | 2.59 |
| Shoprite Holdings Ltd. | 443,066 | 443,066 | 130.48 | 1.51 | 0 | 0.00 | 0.00 |
| The SPAR Group Ltd. | 192,668 | 866,901 | 126.65 | 1.47 | 674,233 | 93.02 | 1.11 |
| Personal Care, Drug and Grocery Stores Total | 769,973 | 1,931,606 | 524.79 | 6.07 | 1,161,633 | 310.57 | 3.70 |
| Aspen Pharmacare Holdings Ltd. | 545,833 | 967,899 | 159.56 | 1.85 | 422,066 | 82.25 | 0.98 |
| Pharmaceuticals and Biotechnology Total | 545,833 | 967,899 | 159.56 | 1.85 | 422,066 | 82.25 | 0.98 |
| AngloGold Ashanti plc | 69,371 | 695,118 | 292.64 | 3.39 | 625,747 | 291.87 | 3.47 |
| Gold Fields Ltd. | -441,218 | 514,177 | 127.05 | 1.47 | 955,395 | 261.64 | 3.11 |
| Pan African Resources plc | -11,204,368 | 5,883,643 | 48.19 | 0.56 | 17,088,011 | 124.57 | 1.48 |
| Precious Metals and Mining Total | -11,576,215 | 7,092,938 | 467.88 | 5.41 | 18,669,153 | 678.09 | 8.07 |
| MAS plc | -2,183,639 | 0 | 0.00 | 0.00 | 2,183,639 | 40.05 | 0.48 |
| NEPI Rockcastle NV | 729,396 | 2,552,818 | 352.26 | 4.07 | 1,823,422 | 267.13 | 3.18 |
| Real Estate Investment and Services Total | -1,454,243 | 2,552,818 | 352.26 | 4.07 | 4,007,061 | 307.18 | 3.66 |
| Attacq Ltd. | -1,586,967 | 0 | 0.00 | 0.00 | 1,586,967 | 20.92 | 0.25 |
| Fairvest Ltd. | 1,702,148 | 1,702,148 | 8.12 | 0.09 | 0 | 0.00 | 0.00 |
| Growthpoint Properties Ltd. | 1,557,300 | 4,978,286 | 63.37 | 0.73 | 3,420,986 | 47.89 | 0.57 |
| Sirius Real Estate Ltd. | 0 | 2,637,515 | 49.96 | 0.58 | 2,637,515 | 59.16 | 0.70 |
| Vukile Property Fund Ltd. | -1,461,227 | 4,184,292 | 75.19 | 0.87 | 5,645,519 | 103.60 | 1.23 |
| Real Estate Investment Trusts Total | 211,254 | 13,502,241 | 196.65 | 2.27 | 13,290,987 | 231.56 | 2.76 |
| JD Sports Fashion PLC | -2,172,582 | 2,244,303 | 50.87 | 0.59 | 4,416,885 | 157.31 | 1.87 |
| Pandora | -19,082 | 0 | 0.00 | 0.00 | 19,082 | 53.72 | 0.64 |
| TJX Companies Incorporated | -6,519 | 11,474 | 26.20 | 0.30 | 17,993 | 36.39 | 0.43 |
| Visa Inc | 15,963 | 15,963 | 94.93 | 1.10 | 0 | 0.00 | 0.00 |
| Retail Total | -2,182,220 | 2,271,740 | 172.00 | 1.99 | 4,453,960 | 247.41 | 2.95 |
| Naspers Ltd. | 15,586 | 112,904 | 471.17 | 5.45 | 97,318 | 411.44 | 4.90 |
| Prosus NV | -268,623 | 0 | 0.00 | 0.00 | 268,623 | 203.51 | 2.42 |
| Software and Computer Services Total | -253,037 | 112,904 | 471.17 | 5.45 | 365,941 | 614.95 | 7.32 |
| Amazon.Com | 8,503 | 59,270 | 247.38 | 2.86 | 50,767 | 164.24 | 1.96 |
| Broadcom Corporation | -1,883 | 15,383 | 68.35 | 0.79 | 17,266 | 51.32 | 0.61 |
| Meta Platforms Inc | -8,804 | 14,814 | 165.19 | 1.91 | 23,618 | 230.62 | 2.75 |
| Microsoft Corporation | -5,552 | 27,368 | 219.28 | 2.54 | 32,920 | 242.50 | 2.89 |
| Oracle Corporation | -3,779 | 30,555 | 96.19 | 1.11 | 34,334 | 99.71 | 1.19 |
| Technology Total | -11,515 | 147,390 | 796.39 | 9.21 | 158,905 | 788.39 | 9.39 |
| MultiChoice Group Ltd. | -1,471,421 | 842,242 | 90.96 | 1.05 | 2,313,663 | 255.15 | 3.04 |
| Telecommunications Service Providers Total | -1,471,421 | 842,242 | 90.96 | 1.05 | 2,313,663 | 255.15 | 3.04 |
| Famous Brands Ltd. | 0 | 734,077 | 50.65 | 0.59 | 734,077 | 46.46 | 0.55 |
| Travel and Leisure Total | 0 | 734,077 | 50.65 | 0.59 | 734,077 | 46.46 | 0.55 |
| Engie SA | -146,906 | 0 | 0.00 | 0.00 | 146,906 | 43.68 | 0.52 |
| Utility Suppliers Total | -146,906 | 0 | 0.00 | 0.00 | 146,906 | 43.68 | 0.52 |
| Portfolio Total | -13,898,422 | 322,030,284 | 8,644.84 | 100.00 | 335,928,706 | 8,399.69 | 100.00 |