| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Capitec Bank Holdings Ltd. | 2,606 | 423,508 | 1,471.27 | 1.53 | 420,902 | 1,494.61 | 1.61 |
| Standard Bank Group Ltd. | 34,210 | 5,560,148 | 1,314.36 | 1.36 | 5,525,938 | 1,257.32 | 1.36 |
| Banks Total | 36,816 | 5,983,656 | 2,785.63 | 2.89 | 5,946,840 | 2,751.92 | 2.97 |
| SA Bond I2029 | 6,700,000 | 1,091,800,000 | 1,530.97 | 1.59 | 1,085,100,000 | 1,492.34 | 1.61 |
| SA Bond R186 | 9,800,000 | 1,591,117,098 | 1,691.87 | 1.76 | 1,581,317,098 | 1,644.64 | 1.78 |
| SA Bond R202 | 300,000 | 47,228,971 | 132.19 | 0.14 | 46,928,971 | 124.90 | 0.13 |
| SA Bond R2030 | 25,500,000 | 4,143,400,000 | 4,214.23 | 4.37 | 4,117,900,000 | 4,185.62 | 4.52 |
| SA Bond R2032 | 6,500,000 | 1,062,800,000 | 1,049.20 | 1.09 | 1,056,300,000 | 1,030.61 | 1.11 |
| SA Bond R2037 | 20,200,000 | 3,293,300,000 | 3,077.93 | 3.19 | 3,273,100,000 | 2,964.61 | 3.20 |
| SA Bond R210 | 1,800,000 | 297,400,000 | 747.66 | 0.78 | 295,600,000 | 729.97 | 0.79 |
| SA Bond R213 | 11,000,000 | 1,787,000,000 | 1,705.67 | 1.77 | 1,776,000,000 | 1,675.88 | 1.81 |
| Bond Total | 81,800,000 | 13,314,046,069 | 14,149.72 | 14.68 | 13,232,246,069 | 13,848.57 | 14.96 |
| Cash on call | 0 | 0 | 601.45 | 0.62 | 0 | 1,240.25 | 1.34 |
| Cash on call Total | 0 | 0 | 601.45 | 0.62 | 0 | 1,240.25 | 1.34 |
| Investec GSF Global Quality Equity Income Fund | -53,883,571 | 0 | 0.00 | 0.00 | 53,883,571 | 24,437.40 | 26.39 |
| Ninety One GSF Global Quality Equity Fund | 54,133,534 | 54,133,534 | 24,282.41 | 25.20 | 0 | 0.00 | 0.00 |
| Equities Total | 249,963 | 54,133,534 | 24,282.41 | 25.20 | 53,883,571 | 24,437.40 | 26.39 |
| NewGold | 35,746 | 5,809,692 | 3,574.41 | 3.71 | 5,773,946 | 3,120.70 | 3.37 |
| Exchange Traded Funds Total | 35,746 | 5,809,692 | 3,574.41 | 3.71 | 5,773,946 | 3,120.70 | 3.37 |
| Australia - Currency | 0 | 0 | 7.69 | 0.01 | 0 | 7.83 | 0.01 |
| Norway - Cash | 0 | 0 | 0.01 | 0.00 | 0 | 0.01 | 0.00 |
| Sweden - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 207.67 | 0.22 | 0 | 17.52 | 0.02 |
| For Currency Total | 0 | 0 | 215.38 | 0.22 | 0 | 25.36 | 0.03 |
| Mondi plc | 30,811 | 5,007,613 | 1,179.89 | 1.22 | 4,976,802 | 1,448.65 | 1.56 |
| General Industrials Total | 30,811 | 5,007,613 | 1,179.89 | 1.22 | 4,976,802 | 1,448.65 | 1.56 |
| BHP Group Ltd. | 22,544 | 3,664,036 | 1,746.39 | 1.81 | 3,641,492 | 1,554.70 | 1.68 |
| Industrial Metals and Mining Total | 22,544 | 3,664,036 | 1,746.39 | 1.81 | 3,641,492 | 1,554.70 | 1.68 |
| Berkshire Hathaway Inc | 0 | 91 | 1,176.86 | 1.22 | 91 | 1,181.68 | 1.28 |
| Insurance Total | 0 | 91 | 1,176.86 | 1.22 | 91 | 1,181.68 | 1.28 |
| JSE Ltd. | 41,506 | 6,745,969 | 859.98 | 0.89 | 6,704,463 | 893.44 | 0.96 |
| Remgro Ltd. | 93,892 | 15,260,036 | 2,559.57 | 2.66 | 15,166,144 | 2,399.28 | 2.59 |
| Investment Banking and Brokerage Services Total | 135,398 | 22,006,005 | 3,419.54 | 3.55 | 21,870,607 | 3,292.72 | 3.56 |
| eMedia Holdings Ltd. | 6,403,787 | 6,403,787 | 11.53 | 0.01 | 0 | 0.00 | 0.00 |
| Media Total | 6,403,787 | 6,403,787 | 11.53 | 0.01 | 0 | 0.00 | 0.00 |
| Ninety One Corporate Money Market - Z | 732,425,395 | 2,690,542,740 | 2,690.54 | 2.79 | 1,958,117,345 | 1,958.12 | 2.11 |
| Ninety One Money Market - Z | 968,039,780 | 7,171,128,656 | 7,171.13 | 7.44 | 6,203,088,876 | 6,203.09 | 6.70 |
| Money Market Total | 1,700,465,175 | 9,861,671,396 | 9,861.67 | 10.23 | 8,161,206,221 | 8,161.21 | 8.81 |
| Santam Ltd. | 24,986 | 4,061,000 | 1,534.57 | 1.59 | 4,036,014 | 1,727.41 | 1.87 |
| Non-life Insurance Total | 24,986 | 4,061,000 | 1,534.57 | 1.59 | 4,036,014 | 1,727.41 | 1.87 |
| Investec GSF Global Opportunity Equity | 72,121 | 11,739,358 | 8,383.26 | 8.70 | 11,667,237 | 8,244.10 | 8.90 |
| Ninety One GSF Global Franchise A Acc | 119,930 | 8,200,599 | 5,297.04 | 5.50 | 8,080,669 | 5,274.56 | 5.70 |
| Offshore Intern Total | 192,051 | 19,939,957 | 13,680.30 | 14.20 | 19,747,906 | 13,518.66 | 14.60 |
| Bid Corporation Ltd. | 21,411 | 3,479,937 | 1,504.20 | 1.56 | 3,458,526 | 1,616.62 | 1.75 |
| Shoprite Holdings Ltd. | 1,076,418 | 7,357,488 | 2,016.03 | 2.09 | 6,281,070 | 1,739.54 | 1.88 |
| Personal Care, Drug and Grocery Stores Total | 1,097,829 | 10,837,425 | 3,520.23 | 3.65 | 9,739,596 | 3,356.16 | 3.62 |
| Compagnie Financière Richemont SA | 5,337 | 867,407 | 2,835.78 | 2.94 | 862,070 | 2,871.55 | 3.10 |
| Personal Goods Total | 5,337 | 867,407 | 2,835.78 | 2.94 | 862,070 | 2,871.55 | 3.10 |
| Naspers Ltd. | 2,393 | 388,952 | 2,432.77 | 2.52 | 386,559 | 2,132.02 | 2.30 |
| Prosus NV | 32,339 | 5,255,960 | 6,363.44 | 6.60 | 5,223,621 | 5,179.79 | 5.59 |
| Software and Computer Services Total | 34,732 | 5,644,912 | 8,796.21 | 9.13 | 5,610,180 | 7,311.81 | 7.90 |
| British American Tobacco plc | 20,216 | 3,285,634 | 2,997.09 | 3.11 | 3,265,418 | 2,745.56 | 2.97 |
| Tobacco Total | 20,216 | 3,285,634 | 2,997.09 | 3.11 | 3,265,418 | 2,745.56 | 2.97 |
| Portfolio Total | 1,790,555,391 | 23,323,362,214 | 96,369.05 | 100.00 | 21,532,806,823 | 92,594.32 | 100.00 |