| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Barclays Plc | -8,412 | 19,463 | 1.71 | 1.35 | 27,875 | 2.96 | 2.23 |
| Deutsche Bank AG | -156 | 0 | 0.00 | 0.00 | 156 | 0.68 | 0.51 |
| Banks Total | -8,568 | 19,463 | 1.71 | 1.35 | 28,031 | 3.63 | 2.75 |
| Anglo American PLC (GBP) | -334 | 3,472 | 2.49 | 1.96 | 3,806 | 2.62 | 1.98 |
| Barrick Gold | -3,265 | 2,417 | 1.58 | 1.24 | 5,682 | 4.16 | 3.14 |
| Rheinmetal Berlin | 0 | 32 | 0.90 | 0.71 | 32 | 0.97 | 0.73 |
| Basic Resources Total | -3,599 | 5,921 | 4.97 | 3.92 | 9,520 | 7.74 | 5.86 |
| SA Bond R2040 | -5,600,000 | 0 | 0.00 | 0.00 | 5,600,000 | 5.83 | 4.41 |
| Bond Total | -5,600,000 | 0 | 0.00 | 0.00 | 5,600,000 | 5.83 | 4.41 |
| Ishares 20+ USD Treasury Bond ETF | 911 | 911 | 1.34 | 1.06 | 0 | 0.00 | 0.00 |
| Bonds Total | 911 | 911 | 1.34 | 1.06 | 0 | 0.00 | 0.00 |
| Cash on call | 0 | 0 | 7.99 | 6.30 | 0 | 4.34 | 3.28 |
| Margin Account | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 7.99 | 6.30 | 0 | 4.34 | 3.28 |
| Sasol Ltd. | 9,619 | 9,619 | 2.16 | 1.70 | 0 | 0.00 | 0.00 |
| Chemicals Total | 9,619 | 9,619 | 2.16 | 1.70 | 0 | 0.00 | 0.00 |
| Newmont Mining Corp. (NMC) | -1,138 | 540 | 0.95 | 0.75 | 1,678 | 2.83 | 2.14 |
| Construction Total | -1,138 | 540 | 0.95 | 0.75 | 1,678 | 2.83 | 2.14 |
| Alphabet Inc A | 324 | 1,058 | 4.92 | 3.88 | 734 | 3.81 | 2.88 |
| Booking Holdings | -10 | 0 | 0.00 | 0.00 | 10 | 0.90 | 0.68 |
| Hermes International | 0 | 263 | 0.83 | 0.65 | 263 | 1.08 | 0.82 |
| Hilton Worldwide Holdings Inc | 0 | 349 | 1.76 | 1.39 | 349 | 1.68 | 1.27 |
| Netflix Inc | -1,490 | 0 | 0.00 | 0.00 | 1,490 | 2.31 | 1.75 |
| Cyclical Goods & Services Total | -1,176 | 1,670 | 7.51 | 5.92 | 2,846 | 9.78 | 7.39 |
| ChevronTexaco Corp | 0 | 1,006 | 3.61 | 2.84 | 1,006 | 2.53 | 1.92 |
| NextEra Energy Inc | 889 | 889 | 1.39 | 1.10 | 0 | 0.00 | 0.00 |
| Energy Total | 889 | 1,895 | 5.00 | 3.94 | 1,006 | 2.53 | 1.92 |
| Ishares MSCI AC Far East Ex-Japan | -902 | 0 | 0.00 | 0.00 | 902 | 1.39 | 1.05 |
| iShares MSCI All Country Asia Ex Japan ETF | 1,553 | 1,553 | 2.46 | 1.94 | 0 | 0.00 | 0.00 |
| iShares MSCI Eurozone ETF | -2,166 | 0 | 0.00 | 0.00 | 2,166 | 2.31 | 1.75 |
| iShares MSCI Japan ETF | 1,004 | 3,762 | 5.22 | 4.11 | 2,758 | 3.69 | 2.79 |
| Equities Total | -511 | 5,315 | 7.67 | 6.05 | 5,826 | 7.40 | 5.59 |
| NewGold | -2,472 | 1,769 | 1.28 | 1.01 | 4,241 | 2.82 | 2.13 |
| Exchange Traded Funds Total | -2,472 | 1,769 | 1.28 | 1.01 | 4,241 | 2.82 | 2.13 |
| Blackstone Group LP | 0 | 498 | 0.95 | 0.75 | 498 | 1.27 | 0.96 |
| Mastercard Inc | -75 | 150 | 1.26 | 0.99 | 225 | 2.15 | 1.63 |
| Mercadolibre Inc | 0 | 24 | 0.66 | 0.52 | 24 | 0.80 | 0.61 |
| MSCI Inc | 0 | 188 | 1.70 | 1.34 | 188 | 1.81 | 1.37 |
| Prudential Financial Incorporated | 0 | 743 | 1.19 | 0.94 | 743 | 1.40 | 1.06 |
| Financial Services Total | -75 | 1,603 | 5.76 | 4.54 | 1,678 | 7.43 | 5.62 |
| JP Morgan Chase & Company | -135 | 931 | 4.49 | 3.54 | 1,066 | 5.70 | 4.31 |
| Financials Total | -135 | 931 | 4.49 | 3.54 | 1,066 | 5.70 | 4.31 |
| Coca Cola | 0 | 607 | 0.79 | 0.62 | 607 | 0.70 | 0.53 |
| Food & Beverage Total | 0 | 607 | 0.79 | 0.62 | 607 | 0.70 | 0.53 |
| Canada - Currency | 0 | 0 | 1.68 | 1.32 | 0 | 0.08 | 0.06 |
| European - Currency | 0 | 0 | 0.05 | 0.04 | 0 | 0.91 | 0.69 |
| Japan - Currency | 0 | 0 | 0.63 | 0.50 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 1.41 | 1.11 | 0 | 0.06 | 0.05 |
| USA - Currency | 0 | 0 | 9.50 | 7.49 | 0 | 1.11 | 0.84 |
| For Currency Total | 0 | 0 | 13.28 | 10.47 | 0 | 2.17 | 1.64 |
| Foreign - Equities | 0 | 0 | 4.70 | 3.71 | 0 | 5.69 | 4.30 |
| Foreign Invest Total | 0 | 0 | 4.70 | 3.71 | 0 | 5.69 | 4.30 |
| Simon Property Group Incorporated | 0 | 752 | 2.33 | 1.84 | 752 | 2.32 | 1.76 |
| Foreign Property Total | 0 | 752 | 2.33 | 1.84 | 752 | 2.32 | 1.76 |
| Caterpillar Inc | 32 | 298 | 3.38 | 2.67 | 266 | 2.54 | 1.92 |
| Fastenal Company | 0 | 1,338 | 1.03 | 0.81 | 1,338 | 0.90 | 0.68 |
| GE Vernova Inc | 20 | 195 | 2.71 | 2.14 | 175 | 1.91 | 1.44 |
| Lam Research Corporation | 334 | 334 | 1.14 | 0.90 | 0 | 0.00 | 0.00 |
| Philip Morris International | 0 | 426 | 1.20 | 0.95 | 426 | 1.15 | 0.87 |
| Procter & Gamble Company | 0 | 354 | 0.87 | 0.69 | 354 | 0.84 | 0.64 |
| Siemens AG | 0 | 336 | 1.36 | 1.07 | 336 | 1.56 | 1.18 |
| Waste Management | 0 | 563 | 2.20 | 1.74 | 563 | 2.07 | 1.56 |
| XPO Logistics Incorporated | 0 | 371 | 1.18 | 0.93 | 371 | 0.84 | 0.64 |
| Goods & Services Total | 386 | 4,215 | 15.08 | 11.89 | 3,829 | 11.82 | 8.94 |
| Amgen Incorporated | 0 | 325 | 1.93 | 1.52 | 325 | 1.77 | 1.34 |
| Boston Scientific Corporation | 0 | 521 | 0.56 | 0.44 | 521 | 0.83 | 0.63 |
| Eli Lilly & Company | -39 | 172 | 2.59 | 2.05 | 211 | 3.77 | 2.85 |
| Intuitive Surgical Inc | 0 | 233 | 1.79 | 1.42 | 233 | 2.21 | 1.67 |
| Healthcare Total | -39 | 1,251 | 6.88 | 5.42 | 1,290 | 8.57 | 6.48 |
| Berkshire Hathaway Inc | -93 | 236 | 1.91 | 1.50 | 329 | 2.74 | 2.07 |
| Insurance Total | -93 | 236 | 1.91 | 1.50 | 329 | 2.74 | 2.07 |
| Colgate Palmolive | 0 | 772 | 1.13 | 0.89 | 772 | 1.02 | 0.77 |
| Costco Wholesale Corporation | 0 | 91 | 1.54 | 1.22 | 91 | 1.30 | 0.99 |
| Visa Inc | -125 | 367 | 1.87 | 1.47 | 492 | 2.88 | 2.18 |
| Retail Total | -125 | 1,230 | 4.54 | 3.58 | 1,355 | 5.20 | 3.93 |
| Amazon.Com | 0 | 631 | 2.16 | 1.70 | 631 | 2.43 | 1.84 |
| Apple Computer Company | 0 | 1,317 | 5.53 | 4.36 | 1,317 | 5.95 | 4.50 |
| Broadcom Corporation | 0 | 274 | 1.37 | 1.08 | 274 | 1.59 | 1.20 |
| Meta Platforms Inc | 0 | 258 | 2.35 | 1.86 | 258 | 2.84 | 2.15 |
| Microsoft Corporation | -89 | 624 | 3.81 | 3.00 | 713 | 5.75 | 4.35 |
| Nvidia Corporation | -347 | 1,785 | 5.02 | 3.96 | 2,132 | 6.61 | 5.00 |
| Palantir Technologies | 0 | 434 | 1.02 | 0.80 | 434 | 1.30 | 0.98 |
| Palo Alto Networks Inc | 0 | 550 | 1.44 | 1.14 | 550 | 1.70 | 1.29 |
| SAP SE (spons. ADRs) | -404 | 0 | 0.00 | 0.00 | 404 | 1.64 | 1.24 |
| Taiwan Semiconductors | -137 | 503 | 2.72 | 2.14 | 640 | 3.18 | 2.40 |
| Tokyo Electron Ltd | 270 | 270 | 1.08 | 0.85 | 0 | 0.00 | 0.00 |
| Technology Total | -707 | 6,646 | 26.49 | 20.89 | 7,353 | 32.97 | 24.94 |
| Portfolio Total | -5,606,833 | 64,574 | 126.82 | 100.00 | 5,671,407 | 132.22 | 100.00 |