| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Goodyear Tire & Rubber | 40,000 | 40,000 | 5.18 | 1.99 | 0 | 0.00 | 0.00 |
| Volkswagen AG | 70,000 | 70,000 | 13.23 | 5.07 | 0 | 0.00 | 0.00 |
| Auto Total | 110,000 | 110,000 | 18.41 | 7.06 | 0 | 0.00 | 0.00 |
| Metair Investments Ltd. | 580,000 | 580,000 | 3.94 | 1.51 | 0 | 0.00 | 0.00 |
| Automobiles and Parts Total | 580,000 | 580,000 | 3.94 | 1.51 | 0 | 0.00 | 0.00 |
| Consumer Goods | 0 | 0 | 0.00 | 0.00 | 0 | 14.21 | 5.64 |
| Beverages Total | 0 | 0 | 0.00 | 0.00 | 0 | 14.21 | 5.64 |
| 0 | 0 | 0.00 | 0.00 | 0 | -0.01 | 0.00 |
| Cash on call | 0 | 0 | -4.88 | -1.87 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | -4.88 | -1.87 | 0 | -0.01 | 0.00 |
| Sasol Ltd. | 70,000 | 70,000 | 7.51 | 2.88 | 0 | 0.00 | 0.00 |
| Chemicals Total | 70,000 | 70,000 | 7.51 | 2.88 | 0 | 0.00 | 0.00 |
| Sephaku Holdings Ltd. | 100,000 | 100,000 | 0.14 | 0.05 | 0 | 0.00 | 0.00 |
| Construction and Materials Total | 100,000 | 100,000 | 0.14 | 0.05 | 0 | 0.00 | 0.00 |
| Dufry Ltd | 30,000 | 30,000 | 2.84 | 1.09 | 0 | 0.00 | 0.00 |
| Jardine Matheson | 9,000 | 9,000 | 9.71 | 3.73 | 0 | 0.00 | 0.00 |
| Cyclical Goods & Services Total | 39,000 | 39,000 | 12.55 | 4.81 | 0 | 0.00 | 0.00 |
| Murphy Oil Corporation | 18,000 | 18,000 | 9.01 | 3.46 | 0 | 0.00 | 0.00 |
| Noble Corporation | 9,000 | 9,000 | 4.49 | 1.72 | 0 | 0.00 | 0.00 |
| Seadrill | 26,000 | 26,000 | 13.73 | 5.27 | 0 | 0.00 | 0.00 |
| Energy Total | 53,000 | 53,000 | 27.22 | 10.44 | 0 | 0.00 | 0.00 |
| Consumer Services | 0 | 0 | 0.00 | 0.00 | 0 | 6.90 | 2.74 |
| Food & Drug Retailers Total | 0 | 0 | 0.00 | 0.00 | 0 | 6.90 | 2.74 |
| Rainbow Chicken Ltd. | 1,500,000 | 1,500,000 | 6.17 | 2.36 | 0 | 0.00 | 0.00 |
| RCL Foods Ltd. | 900,000 | 900,000 | 8.67 | 3.32 | 0 | 0.00 | 0.00 |
| Food Producers Total | 2,400,000 | 2,400,000 | 14.83 | 5.69 | 0 | 0.00 | 0.00 |
| Canada - Currency | 0 | 0 | 0.09 | 0.03 | 0 | 0.00 | 0.00 |
| European - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Foreign Cash | 0 | 0 | 0.00 | 0.00 | 0 | 14.35 | 5.70 |
| Hong Kong - Currency | 0 | 0 | 0.29 | 0.11 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 0.11 | 0.04 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 10.43 | 4.00 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 10.91 | 4.18 | 0 | 14.35 | 5.70 |
| Foreign - Equities | 0 | 0 | 67.52 | 25.90 | 0 | 0.00 | 0.00 |
| Total Foreign Equities | 0 | 0 | 0.00 | 0.00 | 0 | 170.45 | 67.66 |
| Foreign Invest Total | 0 | 0 | 67.52 | 25.90 | 0 | 170.45 | 67.66 |
| Great Eagle Holdings Limited | 150,000 | 150,000 | 4.89 | 1.87 | 0 | 0.00 | 0.00 |
| Foreign Property Total | 150,000 | 150,000 | 4.89 | 1.87 | 0 | 0.00 | 0.00 |
| Basic Materials | 0 | 0 | 0.00 | 0.00 | 0 | 15.98 | 6.34 |
| Forestry & Paper Total | 0 | 0 | 0.00 | 0.00 | 0 | 15.98 | 6.34 |
| Other Equities | 0 | 0 | 0.00 | 0.00 | 0 | 23.86 | 9.47 |
| General Equity Total | 0 | 0 | 0.00 | 0.00 | 0 | 23.86 | 9.47 |
| Financials | 0 | 0 | 0.00 | 0.00 | 0 | 0.26 | 0.10 |
| General Financial Total | 0 | 0 | 0.00 | 0.00 | 0 | 0.26 | 0.10 |
| Industrials | 0 | 0 | 0.00 | 0.00 | 0 | 5.91 | 2.35 |
| General Industrials Total | 0 | 0 | 0.00 | 0.00 | 0 | 5.91 | 2.35 |
| Navios Maritime Acquisition Corporation | 6,000 | 6,000 | 4.79 | 1.84 | 0 | 0.00 | 0.00 |
| Stellantis N.V. | 10,000 | 10,000 | 1.62 | 0.62 | 0 | 0.00 | 0.00 |
| Goods & Services Total | 16,000 | 16,000 | 6.41 | 2.46 | 0 | 0.00 | 0.00 |
| Sappi Ltd. | 110,000 | 110,000 | 2.54 | 0.98 | 0 | 0.00 | 0.00 |
| Industrial Materials Total | 110,000 | 110,000 | 2.54 | 0.98 | 0 | 0.00 | 0.00 |
| African Rainbow Minerals Ltd. | 30,000 | 30,000 | 5.56 | 2.13 | 0 | 0.00 | 0.00 |
| Alphamin Resources Corp. | 150,000 | 150,000 | 1.78 | 0.68 | 0 | 0.00 | 0.00 |
| Hulamin Ltd. | 1,293,892 | 1,293,892 | 3.42 | 1.31 | 0 | 0.00 | 0.00 |
| Merafe Resources Ltd. | 2,005,153 | 2,005,153 | 2.15 | 0.82 | 0 | 0.00 | 0.00 |
| Orion Minerals Ltd. | 5,000,000 | 5,000,000 | 0.95 | 0.36 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 8,479,045 | 8,479,045 | 13.85 | 5.31 | 0 | 0.00 | 0.00 |
| Deneb Investments Ltd. | 135,000 | 135,000 | 0.34 | 0.13 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 135,000 | 135,000 | 0.34 | 0.13 | 0 | 0.00 | 0.00 |
| Caxton and CTP Publishers and Printers Ltd. | 600,000 | 600,000 | 8.16 | 3.13 | 0 | 0.00 | 0.00 |
| Media Total | 600,000 | 600,000 | 8.16 | 3.13 | 0 | 0.00 | 0.00 |
| Cenovus Energy Inc. | 30,000 | 30,000 | 8.95 | 3.43 | 0 | 0.00 | 0.00 |
| Transocean Ltd | 100,000 | 100,000 | 5.38 | 2.06 | 0 | 0.00 | 0.00 |
| Valaris Plc | 15,000 | 15,000 | 12.82 | 4.92 | 0 | 0.00 | 0.00 |
| Oil and Gas Total | 145,000 | 145,000 | 27.15 | 10.42 | 0 | 0.00 | 0.00 |
| Thungela Resources Ltd. | 60,000 | 60,000 | 5.23 | 2.00 | 0 | 0.00 | 0.00 |
| Oil, Gas and Coal Total | 60,000 | 60,000 | 5.23 | 2.00 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | 190,000 | 190,000 | 9.33 | 3.58 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 190,000 | 190,000 | 9.33 | 3.58 | 0 | 0.00 | 0.00 |
| Telefonica SA ADR | 20,000 | 20,000 | 4.43 | 1.70 | 0 | 0.00 | 0.00 |
| Telecom Total | 20,000 | 20,000 | 4.43 | 1.70 | 0 | 0.00 | 0.00 |
| Nabors Industries Incorporated | 8,500 | 8,500 | 6.09 | 2.34 | 0 | 0.00 | 0.00 |
| Petrobras Distribuidora SA | 62,000 | 62,000 | 14.11 | 5.41 | 0 | 0.00 | 0.00 |
| Utility Suppliers Total | 70,500 | 70,500 | 20.21 | 7.75 | 0 | 0.00 | 0.00 |
| Portfolio Total | 13,327,545 | 13,327,545 | 260.70 | 100.00 | 0 | 251.91 | 100.00 |