| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 5,500 | 47,229 | 7.48 | 1.29 | 41,729 | 6.18 | 1.19 |
| FirstRand Ltd. | 39,846 | 208,439 | 16.03 | 2.77 | 168,593 | 10.41 | 2.00 |
| Investec Ltd. | 0 | 46,758 | 6.19 | 1.07 | 46,758 | 5.84 | 1.12 |
| Investec plc | 0 | 17,481 | 2.31 | 0.40 | 17,481 | 2.21 | 0.43 |
| Nedbank Group Ltd. | 3,500 | 36,044 | 9.24 | 1.60 | 32,544 | 7.44 | 1.43 |
| Standard Bank Group Ltd. | 16,686 | 49,835 | 10.51 | 1.82 | 33,149 | 6.14 | 1.18 |
| Banks Total | 65,532 | 405,786 | 51.76 | 8.95 | 340,254 | 38.22 | 7.36 |
| Anheuser-Busch InBev SA/NV | 1,761 | 6,058 | 6.44 | 1.11 | 4,297 | 4.97 | 0.96 |
| Beverages Total | 1,761 | 6,058 | 6.44 | 1.11 | 4,297 | 4.97 | 0.96 |
| SA Bond I2025 | 0 | 3,556,000 | 6.48 | 1.12 | 3,556,000 | 6.31 | 1.21 |
| SA Bond I2029 | 0 | 1,307,000 | 1.71 | 0.29 | 1,307,000 | 1.67 | 0.32 |
| SA Bond I2031 | 0 | 2,429,000 | 2.58 | 0.45 | 2,429,000 | 2.51 | 0.48 |
| SA Bond I2033 | 0 | 1,910,000 | 2.34 | 0.41 | 1,910,000 | 2.30 | 0.44 |
| SA Bond R2030 | -9,468,000 | 0 | 0.00 | 0.00 | 9,468,000 | 8.54 | 1.64 |
| SA Bond R2032 | 0 | 10,791,000 | 9.64 | 1.67 | 10,791,000 | 9.01 | 1.74 |
| SA Bond R2035 | 0 | 15,077,000 | 13.21 | 2.28 | 15,077,000 | 12.15 | 2.34 |
| SA Bond R2037 | 0 | 7,352,000 | 6.05 | 1.05 | 7,352,000 | 5.53 | 1.07 |
| SA Bond R2040 | 8,000,000 | 15,877,000 | 13.11 | 2.27 | 7,877,000 | 5.94 | 1.14 |
| SA Bond R209 | 0 | 9,737,000 | 6.64 | 1.15 | 9,737,000 | 6.06 | 1.17 |
| SA Bond R210 | 2,520,000 | 7,995,200 | 18.89 | 3.27 | 5,475,200 | 12.67 | 2.44 |
| SA Bond R213 | 189,000 | 9,811,000 | 8.46 | 1.46 | 9,622,000 | 7.81 | 1.50 |
| SA Bond SBS31 | 0 | 13,000 | 0.01 | 0.00 | 13,000 | 0.01 | 0.00 |
| Bond Total | 1,241,000 | 85,855,200 | 89.12 | 15.41 | 84,614,200 | 80.52 | 15.50 |
| Cash on call | 0 | 0 | -26.90 | -4.65 | 0 | -21.51 | -4.14 |
| Margin Account | 0 | 0 | 2.91 | 0.50 | 0 | 2.42 | 0.47 |
| Cash on call Total | 0 | 0 | -23.99 | -4.15 | 0 | -19.09 | -3.68 |
| Sasol Ltd. | 0 | 22,223 | 3.07 | 0.53 | 22,223 | 3.25 | 0.63 |
| Chemicals Total | 0 | 22,223 | 3.07 | 0.53 | 22,223 | 3.25 | 0.63 |
| Curro Holdings Ltd. | 75,000 | 260,012 | 2.93 | 0.51 | 185,012 | 2.04 | 0.39 |
| Consumer Services Total | 75,000 | 260,012 | 2.93 | 0.51 | 185,012 | 2.04 | 0.39 |
| Equity Derivative | 0 | 0 | 44.75 | 7.74 | 0 | 37.71 | 7.26 |
| Derivatives Total | 0 | 0 | 44.75 | 7.74 | 0 | 37.71 | 7.26 |
| Sanlam Global Best Ideas Fund | 0 | 2,070,068 | 94.83 | 16.39 | 2,070,068 | 98.27 | 18.92 |
| Equities Total | 0 | 2,070,068 | 94.83 | 16.39 | 2,070,068 | 98.27 | 18.92 |
| AVI Ltd. | 6,000 | 60,359 | 5.71 | 0.99 | 54,359 | 4.97 | 0.96 |
| Libstar Holdings Ltd. | 321,906 | 1,052,717 | 4.11 | 0.71 | 730,811 | 2.70 | 0.52 |
| Tiger Brands Ltd. | -11,194 | 0 | 0.00 | 0.00 | 11,194 | 2.25 | 0.43 |
| Food Producers Total | 316,712 | 1,113,076 | 9.81 | 1.70 | 796,364 | 9.92 | 1.91 |
| USA - Currency | 0 | 0 | 0.03 | 0.01 | 0 | 3.30 | 0.64 |
| For Currency Total | 0 | 0 | 0.03 | 0.01 | 0 | 3.30 | 0.64 |
| Foreign - Bonds | 0 | 0 | 11.48 | 1.98 | 0 | 0.00 | 0.00 |
| Foreign Invest Total | 0 | 0 | 11.48 | 1.98 | 0 | 0.00 | 0.00 |
| The Bidvest Group Ltd. | 9,564 | 25,464 | 7.24 | 1.25 | 15,900 | 3.86 | 0.74 |
| General Industrials Total | 9,564 | 25,464 | 7.24 | 1.25 | 15,900 | 3.86 | 0.74 |
| Life Healthcare Group Holdings Ltd. | 60,000 | 274,351 | 3.53 | 0.61 | 214,351 | 3.68 | 0.71 |
| Netcare Ltd. | 60,000 | 255,600 | 3.26 | 0.56 | 195,600 | 2.33 | 0.45 |
| Health Care Providers Total | 120,000 | 529,951 | 6.78 | 1.17 | 409,951 | 6.01 | 1.16 |
| Anglo American plc | 217 | 17,892 | 10.31 | 1.78 | 17,675 | 8.22 | 1.58 |
| BHP Group Ltd. | 282 | 11,558 | 6.03 | 1.04 | 11,276 | 6.15 | 1.18 |
| Industrial Metals and Mining Total | 499 | 29,450 | 16.34 | 2.82 | 28,951 | 14.37 | 2.77 |
| Hudaco Industries Ltd. | 6,000 | 45,862 | 7.77 | 1.34 | 39,862 | 6.32 | 1.22 |
| Industrial Support Services Total | 6,000 | 45,862 | 7.77 | 1.34 | 39,862 | 6.32 | 1.22 |
| Coronation Fund Managers Ltd. | 0 | 90,718 | 3.26 | 0.56 | 90,718 | 2.74 | 0.53 |
| Ninety One Ltd. | 0 | 114,200 | 4.34 | 0.75 | 114,200 | 4.61 | 0.89 |
| Remgro Ltd. | 12,000 | 47,463 | 6.46 | 1.12 | 35,463 | 4.33 | 0.83 |
| Investment Banking and Brokerage Services Total | 12,000 | 252,381 | 14.06 | 2.43 | 240,381 | 11.68 | 2.25 |
| Momentum Group Ltd. | -31,538 | 221,596 | 5.07 | 0.88 | 253,134 | 5.14 | 0.99 |
| Sanlam Ltd. | 19,247 | 97,240 | 7.87 | 1.36 | 77,993 | 5.41 | 1.04 |
| Life Insurance Total | -12,291 | 318,836 | 12.94 | 2.24 | 331,127 | 10.56 | 2.03 |
| Money Market - 1 month duration | 0 | 0 | 2.04 | 0.35 | 0 | 0.00 | 0.00 |
| Money Market - 2 months duration | 0 | 0 | 1.01 | 0.18 | 0 | 0.00 | 0.00 |
| Money Market - 20 months duration | 0 | 0 | 4.06 | 0.70 | 0 | 0.00 | 0.00 |
| Money Market - 21 months duration | 0 | 0 | 5.10 | 0.88 | 0 | 0.00 | 0.00 |
| Money Market - 22 months duration | 0 | 0 | 11.22 | 1.94 | 0 | 0.00 | 0.00 |
| Money Market - 23 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 4.05 | 0.78 |
| Money Market - 24 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 5.09 | 0.98 |
| Money Market - 25 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 11.22 | 2.16 |
| Money Market - 27 months duration | 0 | 0 | 9.99 | 1.73 | 0 | 0.00 | 0.00 |
| Money Market - 29 months duration | 0 | 0 | 8.06 | 1.39 | 0 | 0.00 | 0.00 |
| Money Market - 30 months duration | 0 | 0 | 12.06 | 2.08 | 0 | 9.99 | 1.92 |
| Money Market - 32 months duration | 0 | 0 | 4.05 | 0.70 | 0 | 8.06 | 1.55 |
| Money Market - 33 months duration | 0 | 0 | 32.10 | 5.55 | 0 | 12.07 | 2.32 |
| Money Market - 35 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 4.05 | 0.78 |
| Money Market - 4 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 2.05 | 0.39 |
| Money Market - 5 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.01 | 0.20 |
| Money Market Instrument | 0 | 0 | 4.07 | 0.70 | 0 | 36.20 | 6.97 |
| Money Market Total | 0 | 0 | 93.77 | 16.21 | 0 | 93.80 | 18.06 |
| Santam Ltd. | 2,026 | 13,908 | 4.53 | 0.78 | 11,882 | 3.54 | 0.68 |
| Non-life Insurance Total | 2,026 | 13,908 | 4.53 | 0.78 | 11,882 | 3.54 | 0.68 |
| Denker Global Financial | 0 | 38,784 | 22.91 | 3.96 | 38,784 | 23.35 | 4.50 |
| Offshore Intern Total | 0 | 38,784 | 22.91 | 3.96 | 38,784 | 23.35 | 4.50 |
| Bid Corporation Ltd. | 0 | 7,399 | 3.14 | 0.54 | 7,399 | 3.42 | 0.66 |
| Dis-Chem Pharmacies Ltd. | 0 | 63,292 | 2.13 | 0.37 | 63,292 | 2.06 | 0.40 |
| Shoprite Holdings Ltd. | 0 | 11,732 | 3.33 | 0.58 | 11,732 | 2.90 | 0.56 |
| Personal Care, Drug and Grocery Stores Total | 0 | 82,423 | 8.61 | 1.49 | 82,423 | 8.38 | 1.61 |
| Compagnie Financière Richemont SA | 0 | 1,470 | 4.19 | 0.72 | 1,470 | 4.24 | 0.82 |
| Personal Goods Total | 0 | 1,470 | 4.19 | 0.72 | 1,470 | 4.24 | 0.82 |
| Anglo American Platinum Ltd. | 0 | 5,380 | 3.24 | 0.56 | 5,380 | 4.13 | 0.80 |
| Northam Platinum Holdings Ltd. | 0 | 49,863 | 6.35 | 1.10 | 49,863 | 5.63 | 1.08 |
| Precious Metals and Mining Total | 0 | 55,243 | 9.58 | 1.66 | 55,243 | 9.77 | 1.88 |
| Combined Motor Holdings Ltd. | 0 | 114,342 | 3.22 | 0.56 | 114,342 | 3.03 | 0.58 |
| Italtile Ltd. | -80,000 | 167,940 | 1.86 | 0.32 | 247,940 | 2.53 | 0.49 |
| Mr Price Group Ltd. | 9,364 | 36,917 | 7.60 | 1.31 | 27,553 | 4.79 | 0.92 |
| Pepkor Holdings Ltd. | 90,000 | 283,539 | 5.31 | 0.92 | 193,539 | 3.65 | 0.70 |
| The Foschini Group Ltd. | 0 | 30,276 | 3.86 | 0.67 | 30,276 | 3.01 | 0.58 |
| Retailers Total | 19,364 | 633,014 | 21.85 | 3.78 | 613,650 | 17.01 | 3.28 |
| Naspers Ltd. | 1,300 | 4,566 | 16.29 | 2.82 | 3,266 | 10.97 | 2.11 |
| Prosus NV | 0 | 19,366 | 12.60 | 2.18 | 19,366 | 11.58 | 2.23 |
| Software and Computer Services Total | 1,300 | 23,932 | 28.89 | 4.99 | 22,632 | 22.55 | 4.34 |
| MTN Group Ltd. | 15,000 | 73,815 | 6.27 | 1.08 | 58,815 | 5.51 | 1.06 |
| Telecommunications Service Providers Total | 15,000 | 73,815 | 6.27 | 1.08 | 58,815 | 5.51 | 1.06 |
| British American Tobacco plc | 3,597 | 19,775 | 11.11 | 1.92 | 16,178 | 9.34 | 1.80 |
| Tobacco Total | 3,597 | 19,775 | 11.11 | 1.92 | 16,178 | 9.34 | 1.80 |
| Famous Brands Ltd. | 9,000 | 76,881 | 4.01 | 0.69 | 67,881 | 3.63 | 0.70 |
| Sun International Ltd. | 24,000 | 199,651 | 7.38 | 1.28 | 175,651 | 6.33 | 1.22 |
| Travel and Leisure Total | 33,000 | 276,532 | 11.40 | 1.97 | 243,532 | 9.96 | 1.92 |
| Portfolio Total | 1,910,064 | 92,153,263 | 578.45 | 100.00 | 90,243,199 | 519.35 | 100.00 |