| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Capitec Bank Holdings Ltd. | 759 | 18,993 | 78.93 | 4.17 | 18,234 | 63.28 | 3.44 |
| FirstRand Ltd. | -185,903 | 1,536,561 | 139.44 | 7.36 | 1,722,464 | 134.08 | 7.29 |
| Nedbank Group Ltd. | 258,998 | 258,998 | 68.96 | 3.64 | 0 | 0.00 | 0.00 |
| Standard Bank Group Ltd. | -47,849 | 483,145 | 140.31 | 7.41 | 530,994 | 125.45 | 6.82 |
| Banks Total | 26,005 | 2,297,697 | 427.64 | 22.59 | 2,271,692 | 322.80 | 17.56 |
| Cash on call | 0 | 0 | 30.75 | 1.62 | 0 | 39.98 | 2.18 |
| Cash on call Total | 0 | 0 | 30.75 | 1.62 | 0 | 39.98 | 2.18 |
| ADvTECH Ltd. | -302,268 | 2,042,863 | 76.06 | 4.02 | 2,345,131 | 74.01 | 4.03 |
| Consumer Services Total | -302,268 | 2,042,863 | 76.06 | 4.02 | 2,345,131 | 74.01 | 4.03 |
| Alphabet Inc A | -4,000 | 13,363 | 69.67 | 3.68 | 17,363 | 73.22 | 3.98 |
| Cyclical Goods & Services Total | -4,000 | 13,363 | 69.67 | 3.68 | 17,363 | 73.22 | 3.98 |
| S&P Global Inc | 1,150 | 9,079 | 79.58 | 4.20 | 7,929 | 67.31 | 3.66 |
| Financials Total | 1,150 | 9,079 | 79.58 | 4.20 | 7,929 | 67.31 | 3.66 |
| Coca Cola | 6,666 | 45,666 | 53.15 | 2.81 | 39,000 | 44.50 | 2.42 |
| Magnum Ice Cream Company NV | 5,397 | 5,397 | 1.42 | 0.08 | 0 | 0.00 | 0.00 |
| Unilever plc | -2,999 | 23,986 | 26.09 | 1.38 | 26,985 | 27.46 | 1.49 |
| Food & Beverage Total | 9,064 | 75,049 | 80.66 | 4.26 | 65,985 | 71.96 | 3.91 |
| AVI Ltd. | -4,402 | 815,019 | 85.98 | 4.54 | 819,421 | 80.72 | 4.39 |
| Food Producers Total | -4,402 | 815,019 | 85.98 | 4.54 | 819,421 | 80.72 | 4.39 |
| United Kingdom - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 9.52 | 0.52 |
| USA - Currency | 0 | 0 | 6.03 | 0.32 | 0 | 0.51 | 0.03 |
| For Currency Total | 0 | 0 | 6.03 | 0.32 | 0 | 10.03 | 0.55 |
| Mondi plc | -19,825 | 145,160 | 29.55 | 1.56 | 164,985 | 38.97 | 2.12 |
| The Bidvest Group Ltd. | -26,429 | 250,711 | 59.54 | 3.14 | 277,140 | 58.46 | 3.18 |
| General Industrials Total | -46,254 | 395,871 | 89.10 | 4.71 | 442,125 | 97.43 | 5.30 |
| ASML Holding NV | 0 | 3,553 | 63.22 | 3.34 | 3,553 | 59.27 | 3.22 |
| Goods & Services Total | 0 | 3,553 | 63.22 | 3.34 | 3,553 | 59.27 | 3.22 |
| Johnson & Johnson | 0 | 17,711 | 60.87 | 3.22 | 17,711 | 55.58 | 3.02 |
| Medtronic Incorporated | 0 | 23,362 | 37.51 | 1.98 | 23,362 | 37.93 | 2.06 |
| Sanofi-Aventis | 0 | 15,570 | 25.10 | 1.33 | 15,570 | 24.75 | 1.35 |
| Healthcare Total | 0 | 56,643 | 123.49 | 6.52 | 56,643 | 118.26 | 6.43 |
| Legal & General | 0 | 465,000 | 27.14 | 1.43 | 465,000 | 25.69 | 1.40 |
| Insurance Total | 0 | 465,000 | 27.14 | 1.43 | 465,000 | 25.69 | 1.40 |
| Sanlam Ltd. | -218,153 | 877,511 | 86.43 | 4.56 | 1,095,664 | 90.96 | 4.95 |
| Life Insurance Total | -218,153 | 877,511 | 86.43 | 4.56 | 1,095,664 | 90.96 | 4.95 |
| Bid Corporation Ltd. | 17,197 | 180,048 | 75.96 | 4.01 | 162,851 | 70.35 | 3.83 |
| Clicks Group Ltd. | 21,045 | 222,833 | 75.00 | 3.96 | 201,788 | 71.43 | 3.89 |
| Dis-Chem Pharmacies Ltd. | -25,121 | 1,072,430 | 37.54 | 1.98 | 1,097,551 | 35.84 | 1.95 |
| Shoprite Holdings Ltd. | -26,960 | 378,681 | 102.33 | 5.40 | 405,641 | 111.19 | 6.05 |
| Personal Care, Drug and Grocery Stores Total | -13,839 | 1,853,992 | 290.82 | 15.36 | 1,867,831 | 288.81 | 15.71 |
| Compagnie Financière Richemont SA | -3,552 | 10,958 | 39.75 | 2.10 | 14,510 | 47.44 | 2.58 |
| Personal Goods Total | -3,552 | 10,958 | 39.75 | 2.10 | 14,510 | 47.44 | 2.58 |
| NEPI Rockcastle NV | -127,784 | 136,704 | 19.94 | 1.05 | 264,488 | 36.48 | 1.98 |
| Real Estate Investment and Services Total | -127,784 | 136,704 | 19.94 | 1.05 | 264,488 | 36.48 | 1.98 |
| Growthpoint Properties Ltd. | -909,867 | 1,674,080 | 28.73 | 1.52 | 2,583,947 | 38.14 | 2.07 |
| Stor-Age Property REIT Ltd. | -743,869 | 1,070,903 | 19.20 | 1.01 | 1,814,772 | 27.95 | 1.52 |
| Real Estate Investment Trusts Total | -1,653,736 | 2,744,983 | 47.93 | 2.53 | 4,398,719 | 66.09 | 3.60 |
| Visa Inc | 0 | 14,689 | 86.28 | 4.56 | 14,689 | 86.33 | 4.70 |
| Retail Total | 0 | 14,689 | 86.28 | 4.56 | 14,689 | 86.33 | 4.70 |
| Apple Computer Company | -9,239 | 0 | 0.00 | 0.00 | 9,239 | 40.62 | 2.21 |
| Equinix Inc | 0 | 3,254 | 41.60 | 2.20 | 3,254 | 43.95 | 2.39 |
| Intuit Incorporated | 2,975 | 2,975 | 33.10 | 1.75 | 0 | 0.00 | 0.00 |
| Microsoft Corporation | 0 | 10,891 | 88.19 | 4.66 | 10,891 | 96.84 | 5.27 |
| Technology Total | -6,264 | 17,120 | 162.90 | 8.60 | 23,384 | 181.40 | 9.87 |
| Portfolio Total | -2,344,033 | 11,830,094 | 1,893.35 | 100.00 | 14,174,127 | 1,838.20 | 100.00 |