| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| SA Bond ABJ08 | 23,200,000 | 23,200,000 | 23.41 | 1.39 | 0 | 0.00 | 0.00 |
| SA Bond BNDS | 0 | 0 | 31.02 | 1.84 | 0 | 0.00 | 0.00 |
| SA Bond CLN982 | 0 | 11,800,000 | 11.84 | 0.70 | 11,800,000 | 11.84 | 0.71 |
| SA Bond FRC561 | 49,000,000 | 49,000,000 | 49.78 | 2.95 | 0 | 0.00 | 0.00 |
| SA Bond FRI33 | 0 | 22,709,761 | 28.08 | 1.67 | 22,709,761 | 28.12 | 1.69 |
| SA Bond I2031 | 11,000,000 | 54,500,000 | 58.76 | 3.49 | 43,500,000 | 46.24 | 2.77 |
| SA Bond I2033 | 0 | 68,200,000 | 87.06 | 5.17 | 68,200,000 | 86.56 | 5.19 |
| SA Bond NHM026 | 0 | 30,000,000 | 30.32 | 1.80 | 30,000,000 | 30.35 | 1.82 |
| SA Bond R2030 | -1,700,000 | 0 | 0.00 | 0.00 | 1,700,000 | 1.64 | 0.10 |
| SA Bond R2032 | -121,822,000 | 0 | 0.00 | 0.00 | 121,822,000 | 116.28 | 6.98 |
| SA Bond R2035 | -113,792,000 | 0 | 0.00 | 0.00 | 113,792,000 | 107.93 | 6.47 |
| SA Bond R2037 | 166,500,000 | 268,489,000 | 228.91 | 13.58 | 101,989,000 | 87.54 | 5.25 |
| SA Bond R2038 | -48,000,000 | 0 | 0.00 | 0.00 | 48,000,000 | 49.92 | 2.99 |
| SA Bond R2040 | -49,711,000 | 0 | 0.00 | 0.00 | 49,711,000 | 42.86 | 2.57 |
| SA Bond R213 | 219,500,000 | 235,750,000 | 212.10 | 12.59 | 16,250,000 | 14.93 | 0.90 |
| SA Bond SBC029 | 0 | 32,200,000 | 32.21 | 1.91 | 32,200,000 | 32.21 | 1.93 |
| SA Bond SBC033 | 0 | 31,700,000 | 31.72 | 1.88 | 31,700,000 | 31.72 | 1.90 |
| SA Bond SBC119 | 22,000,000 | 22,000,000 | 22.07 | 1.31 | 0 | 0.00 | 0.00 |
| Bond Total | 156,175,000 | 849,548,761 | 847.28 | 50.28 | 693,373,761 | 688.13 | 41.28 |
| Cash on call | 0 | 0 | -457.61 | -27.15 | 0 | -419.23 | -25.15 |
| Margin Account | 0 | 0 | 3.36 | 0.20 | 0 | 5.41 | 0.32 |
| Cash on call Total | 0 | 0 | -454.25 | -26.96 | 0 | -413.82 | -24.82 |
| Bond Derivative | 0 | 0 | 64.53 | 3.83 | 0 | 71.00 | 4.26 |
| Derivatives Total | 0 | 0 | 64.53 | 3.83 | 0 | 71.00 | 4.26 |
| iShares FTSE EPRA/NAR Dev Mk | -68,739 | 0 | 0.00 | 0.00 | 68,739 | 29.60 | 1.78 |
| Equities Total | -68,739 | 0 | 0.00 | 0.00 | 68,739 | 29.60 | 1.78 |
| 1nvestGold ETF | 0 | 76,598 | 42.55 | 2.53 | 76,598 | 36.38 | 2.18 |
| FNB Global 1200 Equity FoF ETF | 13,000 | 49,546 | 4.75 | 0.28 | 36,546 | 3.67 | 0.22 |
| FNB MSCI World Feeder ETF | 683,265 | 683,265 | 12.76 | 0.76 | 0 | 0.00 | 0.00 |
| FNB S&P 500 Feeder ETF | 107,000 | 107,000 | 10.67 | 0.63 | 0 | 0.00 | 0.00 |
| FNB Top40 ETF | 0 | 877,524 | 72.17 | 4.28 | 877,524 | 66.58 | 3.99 |
| Exchange Traded Funds Total | 803,265 | 1,793,933 | 142.89 | 8.48 | 990,668 | 106.62 | 6.40 |
| Switzerland - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 36.18 | 2.15 | 0 | 60.28 | 3.62 |
| For Currency Total | 0 | 0 | 36.18 | 2.15 | 0 | 60.28 | 3.62 |
| Foreign - Bonds | 0 | 0 | 208.79 | 12.39 | 0 | 180.52 | 10.83 |
| Foreign Invest Total | 0 | 0 | 208.79 | 12.39 | 0 | 180.52 | 10.83 |
| Ashburton Equity - Z | 416,851 | 21,650,102 | 209.85 | 12.45 | 21,233,251 | 207.75 | 12.46 |
| Unit Trusts - Equity | 0 | 0 | 54.40 | 3.23 | 0 | 54.40 | 3.26 |
| General Equity Total | 416,851 | 21,650,102 | 264.26 | 15.68 | 21,233,251 | 262.15 | 15.72 |
| Ashburton Bond Fund - Z | 321,099 | 7,197,526 | 8.17 | 0.48 | 6,876,427 | 8.09 | 0.49 |
| Ashburton Core Plus Income Fund - Z | -89,200,359 | 195,998,297 | 197.53 | 11.72 | 285,198,656 | 287.74 | 17.26 |
| Ashburton SA Income - Z | 15,947 | 662,271 | 0.69 | 0.04 | 646,324 | 0.68 | 0.04 |
| Ashburton Stable Income - B | -46,663,337 | 203,476,725 | 197.35 | 11.71 | 250,140,062 | 242.79 | 14.56 |
| Income Total | -135,526,650 | 407,334,819 | 403.74 | 23.96 | 542,861,469 | 539.29 | 32.35 |
| Money Market - 31 months duration | 0 | 0 | 33.58 | 1.99 | 0 | 0.00 | 0.00 |
| Money Market Instrument | 0 | 0 | 0.00 | 0.00 | 0 | 33.63 | 2.02 |
| Ashburton Money Market - Z | 6,985,911 | 17,500,000 | 17.58 | 1.04 | 10,514,089 | 10.80 | 0.65 |
| Money Market Total | 6,985,911 | 17,500,000 | 51.16 | 3.04 | 10,514,089 | 44.43 | 2.67 |
| iShares Core MSCI EM IMI UCITS ETF | 0 | 23,664 | 15.16 | 0.90 | 23,664 | 15.24 | 0.91 |
| iShares Developed Markets Property Yield UCITS ETF | 68,739 | 68,739 | 29.31 | 1.74 | 0 | 0.00 | 0.00 |
| iShares J.P. Morgan $ EM Corp Bond UCITS ETF | -45,476 | 214,248 | 24.87 | 1.48 | 259,724 | 30.20 | 1.81 |
| Offshore Intern Total | 23,263 | 306,651 | 69.34 | 4.11 | 283,388 | 45.45 | 2.73 |
| Ashburton Property - Z | 2,732,072 | 92,808,737 | 51.27 | 3.04 | 90,076,665 | 53.45 | 3.21 |
| Property Unit Trusts Total | 2,732,072 | 92,808,737 | 51.27 | 3.04 | 90,076,665 | 53.45 | 3.21 |
| Portfolio Total | 31,540,973 | 1,390,943,003 | 1,685.18 | 100.00 | 1,359,402,030 | 1,667.11 | 100.00 |