| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Capitec Bank Holdings Ltd. | -491 | 20,745 | 86.21 | 1.32 | 21,236 | 73.77 | 1.16 |
| Standard Bank Group Ltd. | 24,852 | 765,391 | 222.27 | 3.41 | 740,539 | 175.06 | 2.75 |
| Banks Total | 24,361 | 786,136 | 308.48 | 4.74 | 761,775 | 248.83 | 3.91 |
| Anheuser-Busch InBev SA/NV | 2,840 | 77,119 | 82.56 | 1.27 | 74,279 | 76.26 | 1.20 |
| Beverages Total | 2,840 | 77,119 | 82.56 | 1.27 | 74,279 | 76.26 | 1.20 |
| SA Bond BNDS | -300,000 | 0 | 0.00 | 0.00 | 300,000 | 329.63 | 5.18 |
| SA Bond I2033 | 54,100,000 | 54,100,000 | 76.58 | 1.18 | 0 | 0.00 | 0.00 |
| SA Bond I2038 | 93,300,000 | 150,000,000 | 237.24 | 3.64 | 56,700,000 | 82.16 | 1.29 |
| SA Bond R2035 | 39,500,000 | 39,500,000 | 325.87 | 5.01 | 0 | 0.00 | 0.00 |
| SA Bond R214 | -328,310,000 | 202,237,168 | 165.36 | 2.54 | 530,547,168 | 386.56 | 6.08 |
| Bond Total | -141,710,000 | 445,837,168 | 805.04 | 12.37 | 587,547,168 | 798.34 | 12.55 |
| Cash on call | 0 | 0 | 0.00 | 0.00 | 0 | -117.36 | -1.85 |
| Cash on call Total | 0 | 0 | 0.00 | 0.00 | 0 | -117.36 | -1.85 |
| Egerton Capital Equity Fund | -990 | 43,297 | 122.39 | 1.88 | 44,287 | 129.65 | 2.04 |
| Equities Total | -990 | 43,297 | 122.39 | 1.88 | 44,287 | 129.65 | 2.04 |
| 1nvestPlatinum ETF | -67,107 | 0 | 0.00 | 0.00 | 67,107 | 17.64 | 0.28 |
| Exchange Traded Funds | 0 | 0 | 30.51 | 0.47 | 0 | 0.00 | 0.00 |
| Exchange Traded Funds Total | -67,107 | 0 | 30.51 | 0.47 | 67,107 | 17.64 | 0.28 |
| Foreign - Currency | 0 | 0 | 306.29 | 4.70 | 0 | 319.91 | 5.03 |
| For Currency Total | 0 | 0 | 306.29 | 4.70 | 0 | 319.91 | 5.03 |
| Foreign - Bonds | -663,516 | 0 | 277.76 | 4.27 | 663,516 | 308.37 | 4.85 |
| Foreign - Equities | 0 | 0 | 1,547.95 | 23.78 | 0 | 1,624.94 | 25.55 |
| Foreign Invest Total | -663,516 | 0 | 1,825.72 | 28.04 | 663,516 | 1,933.31 | 30.39 |
| Foreign - Property | -561,319 | 0 | 46.22 | 0.71 | 561,319 | 46.15 | 0.73 |
| Hammerson Plc | -1,280,021 | 0 | 0.00 | 0.00 | 1,280,021 | 87.47 | 1.38 |
| Foreign Property Total | -1,841,340 | 0 | 46.22 | 0.71 | 1,841,340 | 133.62 | 2.10 |
| Mondi plc | -15,845 | 369,980 | 75.33 | 1.16 | 385,825 | 90.91 | 1.43 |
| General Industrials Total | -15,845 | 369,980 | 75.33 | 1.16 | 385,825 | 90.91 | 1.43 |
| Anglo American plc | 0 | 0 | 1,001.19 | 15.38 | 0 | 1,174.56 | 18.47 |
| Glencore plc | 377,817 | 1,299,461 | 118.45 | 1.82 | 921,644 | 73.46 | 1.15 |
| Industrial Metals and Mining Total | 377,817 | 1,299,461 | 1,119.64 | 17.20 | 921,644 | 1,248.02 | 19.62 |
| Quilter plc | -124,937 | 2,674,151 | 108.44 | 1.67 | 2,799,088 | 107.18 | 1.69 |
| Investment Banking and Brokerage Services Total | -124,937 | 2,674,151 | 108.44 | 1.67 | 2,799,088 | 107.18 | 1.69 |
| Contrarius Global Equity | 377,584 | 377,584 | 122.18 | 1.88 | 0 | 125.97 | 1.98 |
| Offshore Intern Total | 377,584 | 377,584 | 122.18 | 1.88 | 0 | 125.97 | 1.98 |
| Bid Corporation Ltd. | 155,563 | 155,563 | 65.63 | 1.01 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | 254,596 | 254,596 | 68.80 | 1.06 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 410,159 | 410,159 | 134.43 | 2.06 | 0 | 0.00 | 0.00 |
| Aspen Pharmacare Holdings Ltd. | 643,833 | 643,833 | 75.19 | 1.16 | 0 | 0.00 | 0.00 |
| Pharmaceuticals and Biotechnology Total | 643,833 | 643,833 | 75.19 | 1.16 | 0 | 0.00 | 0.00 |
| AngloGold Ashanti plc | -6,453 | 97,238 | 139.36 | 2.14 | 103,691 | 125.83 | 1.98 |
| Northam Platinum Holdings Ltd. | -32,219 | 323,435 | 109.03 | 1.67 | 355,654 | 99.94 | 1.57 |
| Precious Metals and Mining Total | -38,672 | 420,673 | 248.39 | 3.82 | 459,345 | 225.77 | 3.55 |
| Property positions individually less than 1% of fund | 0 | 0 | 101.24 | 1.56 | 0 | 0.00 | 0.00 |
| Real Estate Total | 0 | 0 | 101.24 | 1.56 | 0 | 0.00 | 0.00 |
| NEPI Rockcastle NV | -4,415 | 875,548 | 127.70 | 1.96 | 879,963 | 126.60 | 1.99 |
| Real Estate Investment and Services Total | -4,415 | 875,548 | 127.70 | 1.96 | 879,963 | 126.60 | 1.99 |
| Attacq Ltd. | -281,688 | 7,845,650 | 127.88 | 1.96 | 8,127,338 | 112.16 | 1.76 |
| Hammerson plc | 1,252,515 | 1,252,515 | 91.51 | 1.41 | 0 | 0.00 | 0.00 |
| Redefine Properties Ltd. | 1,845,979 | 14,753,596 | 88.52 | 1.36 | 12,907,617 | 64.15 | 1.01 |
| Spear REIT Ltd. | -2,660,937 | 0 | 0.00 | 0.00 | 2,660,937 | 217.60 | 3.42 |
| Real Estate Investment Trusts Total | 155,869 | 23,851,761 | 307.91 | 4.73 | 23,695,892 | 393.91 | 6.19 |
| Naspers Ltd. | 191,679 | 232,628 | 256.91 | 3.95 | 40,949 | 256.12 | 4.03 |
| Prosus NV | -12,462 | 127,286 | 130.28 | 2.00 | 139,748 | 169.19 | 2.66 |
| Software and Computer Services Total | 179,217 | 359,914 | 387.19 | 5.95 | 180,697 | 425.32 | 6.69 |
| Taiwan Semiconductor Manufacturing Co Ltd | 88,480 | 88,480 | 72.37 | 1.11 | 0 | 0.00 | 0.00 |
| Technology Total | 88,480 | 88,480 | 72.37 | 1.11 | 0 | 0.00 | 0.00 |
| MTN Group Ltd. | 77,388 | 606,939 | 102.88 | 1.58 | 529,551 | 76.78 | 1.21 |
| Telecommunications Service Providers Total | 77,388 | 606,939 | 102.88 | 1.58 | 529,551 | 76.78 | 1.21 |
| Portfolio Total | -142,129,274 | 478,722,203 | 6,510.09 | 100.00 | 620,851,477 | 6,360.65 | 100.00 |