| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 0 | 105,000 | 18.48 | 1.96 | 105,000 | 18.58 | 2.07 |
| Capitec Bank Holdings Ltd. | 1,117 | 1,117 | 3.97 | 0.42 | 0 | 0.00 | 0.00 |
| FirstRand Ltd. | 0 | 380,003 | 28.76 | 3.06 | 380,003 | 27.30 | 3.04 |
| Standard Bank Group Ltd. | 0 | 114,858 | 26.13 | 2.78 | 114,858 | 27.50 | 3.06 |
| Banks Total | 1,117 | 600,978 | 77.34 | 8.22 | 599,861 | 73.38 | 8.16 |
| SA Bond I2033 | 0 | 10,641,970 | 13.77 | 1.46 | 10,641,970 | 13.57 | 1.51 |
| SA Bond R2032 | 0 | 18,667,000 | 18.21 | 1.94 | 18,667,000 | 17.17 | 1.91 |
| SA Bond R2035 | 0 | 64,254,000 | 61.92 | 6.58 | 64,254,000 | 58.02 | 6.45 |
| SA Bond R2037 | 0 | 18,698,000 | 16.94 | 1.80 | 18,698,000 | 15.81 | 1.76 |
| SA Bond R2040 | 0 | 42,561,000 | 38.39 | 4.08 | 42,561,000 | 35.82 | 3.99 |
| Bond Total | 0 | 154,821,970 | 149.23 | 15.86 | 154,821,970 | 140.39 | 15.62 |
| iShares Short Treasury Bond ETF | 0 | 17,817 | 7.28 | 0.77 | 17,817 | 7.53 | 0.84 |
| Bonds Total | 0 | 17,817 | 7.28 | 0.77 | 17,817 | 7.53 | 0.84 |
| Cash on call | 0 | 0 | 15.72 | 1.67 | 0 | 1.22 | 0.14 |
| Cash on call Total | 0 | 0 | 15.72 | 1.67 | 0 | 1.22 | 0.14 |
| Sasol Ltd. | 0 | 78,400 | 6.17 | 0.66 | 78,400 | 6.00 | 0.67 |
| Chemicals Total | 0 | 78,400 | 6.17 | 0.66 | 78,400 | 6.00 | 0.67 |
| Equity Derivative | 0 | 0 | 12.68 | 1.35 | 0 | 12.66 | 1.41 |
| Derivatives Total | 0 | 0 | 12.68 | 1.35 | 0 | 12.66 | 1.41 |
| iShares MSCI World ESG Enhanced UCITS ETF | 0 | 21,446 | 64.55 | 6.86 | 21,446 | 60.42 | 6.72 |
| iShares MSCI World Fund | 0 | 15,000 | 16.53 | 1.76 | 15,000 | 16.10 | 1.79 |
| Equities Total | 0 | 36,446 | 81.09 | 8.62 | 36,446 | 76.52 | 8.51 |
| NewGold | 0 | 80,996 | 43.78 | 4.65 | 80,996 | 43.08 | 4.79 |
| Exchange Traded Funds Total | 0 | 80,996 | 43.78 | 4.65 | 80,996 | 43.08 | 4.79 |
| Satrix World Equity Tracker Fund | 0 | 335,988 | 10.70 | 1.14 | 335,988 | 9.94 | 1.11 |
| Financial Services Total | 0 | 335,988 | 10.70 | 1.14 | 335,988 | 9.94 | 1.11 |
| European - Currency | 0 | 0 | 0.23 | 0.02 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 17.68 | 1.88 | 0 | 12.18 | 1.36 |
| For Currency Total | 0 | 0 | 17.91 | 1.90 | 0 | 12.18 | 1.36 |
| Mondi plc | -28,772 | 0 | 0.00 | 0.00 | 28,772 | 7.83 | 0.87 |
| The Bidvest Group Ltd. | 0 | 84,864 | 19.82 | 2.11 | 84,864 | 19.99 | 2.22 |
| General Industrials Total | -28,772 | 84,864 | 19.82 | 2.11 | 113,636 | 27.82 | 3.09 |
| Netcare Ltd. | 0 | 1,053,400 | 14.69 | 1.56 | 1,053,400 | 13.87 | 1.54 |
| Health Care Providers Total | 0 | 1,053,400 | 14.69 | 1.56 | 1,053,400 | 13.87 | 1.54 |
| Anglo American plc | -4,890 | 36,106 | 18.98 | 2.02 | 40,996 | 20.95 | 2.33 |
| Glencore plc | 0 | 219,116 | 15.24 | 1.62 | 219,116 | 14.74 | 1.64 |
| Industrial Metals and Mining Total | -4,890 | 255,222 | 34.22 | 3.64 | 260,112 | 35.69 | 3.97 |
| Remgro Ltd. | 0 | 69,736 | 11.03 | 1.17 | 69,736 | 11.00 | 1.22 |
| Investment Banking and Brokerage Services Total | 0 | 69,736 | 11.03 | 1.17 | 69,736 | 11.00 | 1.22 |
| Sanlam Ltd. | 111,067 | 111,067 | 9.85 | 1.05 | 0 | 0.00 | 0.00 |
| Life Insurance Total | 111,067 | 111,067 | 9.85 | 1.05 | 0 | 0.00 | 0.00 |
| Momentum Money Market - C1 | 0 | 2 | 0.00 | 0.00 | 2 | 0.00 | 0.00 |
| Nedgroup Inv Money Market - D | 1,487 | 75,847 | 0.08 | 0.01 | 74,360 | 0.07 | 0.01 |
| SIM Money Market - B8 | 69 | 3,516 | 0.00 | 0.00 | 3,447 | 0.00 | 0.00 |
| Money Market Total | 1,556 | 79,365 | 0.08 | 0.01 | 77,809 | 0.08 | 0.01 |
| iShares Global Infrastructure UCITS ETF | 270,340 | 270,340 | 29.11 | 3.09 | 0 | 0.00 | 0.00 |
| Sanlam Global High Quality - C GBP (Acc) | 0 | 1,386,723 | 63.47 | 6.74 | 1,386,723 | 63.62 | 7.08 |
| Sanlam Private Wealth Global Balanced - A | -1,150,000 | 3,280,071 | 105.66 | 11.23 | 4,430,071 | 140.52 | 15.63 |
| Offshore Intern Total | -879,660 | 4,937,134 | 198.24 | 21.06 | 5,816,794 | 204.14 | 22.71 |
| Bid Corporation Ltd. | -7,700 | 28,699 | 13.41 | 1.43 | 36,399 | 16.00 | 1.78 |
| Boxer Retail Ltd. | 0 | 66,853 | 4.63 | 0.49 | 66,853 | 4.69 | 0.52 |
| Clicks Group Ltd. | 0 | 26,300 | 9.76 | 1.04 | 26,300 | 8.91 | 0.99 |
| The SPAR Group Ltd. | 0 | 98,468 | 10.62 | 1.13 | 98,468 | 11.64 | 1.30 |
| Personal Care, Drug and Grocery Stores Total | -7,700 | 220,320 | 38.42 | 4.08 | 228,020 | 41.24 | 4.59 |
| Compagnie Financière Richemont SA | 0 | 7,509 | 25.01 | 2.66 | 7,509 | 23.80 | 2.65 |
| Personal Goods Total | 0 | 7,509 | 25.01 | 2.66 | 7,509 | 23.80 | 2.65 |
| Aspen Pharmacare Holdings Ltd. | 0 | 100,280 | 11.98 | 1.27 | 100,280 | 16.42 | 1.83 |
| Pharmaceuticals and Biotechnology Total | 0 | 100,280 | 11.98 | 1.27 | 100,280 | 16.42 | 1.83 |
| Gold Fields Ltd. | 0 | 44,336 | 18.43 | 1.96 | 44,336 | 17.97 | 2.00 |
| Northam Platinum Holdings Ltd. | 0 | 88,929 | 17.05 | 1.81 | 88,929 | 11.64 | 1.30 |
| Valterra Platinum Ltd. | 4,194 | 4,194 | 3.31 | 0.35 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 4,194 | 137,459 | 38.80 | 4.12 | 133,265 | 29.62 | 3.29 |
| Equites Property Fund Ltd. | 0 | 252,980 | 3.83 | 0.41 | 252,980 | 3.55 | 0.40 |
| Stor-Age Property REIT Ltd. | 0 | 428,550 | 6.84 | 0.73 | 428,550 | 6.25 | 0.70 |
| Real Estate Investment Trusts Total | 0 | 681,530 | 10.66 | 1.13 | 681,530 | 9.81 | 1.09 |
| Pepkor Holdings Ltd. | 0 | 695,998 | 18.95 | 2.01 | 695,998 | 17.77 | 1.98 |
| Retailers Total | 0 | 695,998 | 18.95 | 2.01 | 695,998 | 17.77 | 1.98 |
| Naspers Ltd. | 0 | 6,688 | 36.89 | 3.92 | 6,688 | 30.22 | 3.36 |
| Prosus NV | 0 | 51,022 | 50.59 | 5.38 | 51,022 | 42.94 | 4.78 |
| Software and Computer Services Total | 0 | 57,710 | 87.48 | 9.30 | 57,710 | 73.16 | 8.14 |
| British American Tobacco plc | -15,394 | 0 | 0.00 | 0.00 | 15,394 | 11.62 | 1.29 |
| Tobacco Total | -15,394 | 0 | 0.00 | 0.00 | 15,394 | 11.62 | 1.29 |
| Portfolio Total | -818,482 | 164,464,189 | 941.15 | 100.00 | 165,282,671 | 898.93 | 100.00 |