| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 0 | 66,000 | 11.95 | 2.93 | 66,000 | 11.62 | 3.08 |
| Standard Bank Group Ltd. | 0 | 52,000 | 12.29 | 3.01 | 52,000 | 11.83 | 3.14 |
| Banks Total | 0 | 118,000 | 24.24 | 5.93 | 118,000 | 23.45 | 6.22 |
| Satrix SA Bond Portfolio ETF | 0 | 2,850,000 | 26.45 | 6.47 | 2,850,000 | 24.80 | 6.58 |
| Bond Fund Total | 0 | 2,850,000 | 26.45 | 6.47 | 2,850,000 | 24.80 | 6.58 |
| Cash on call | 0 | 0 | 7.36 | 1.80 | 0 | 5.05 | 1.34 |
| Cash on call Total | 0 | 0 | 7.36 | 1.80 | 0 | 5.05 | 1.34 |
| Sasol Ltd. | 0 | 65,000 | 6.98 | 1.71 | 65,000 | 5.12 | 1.36 |
| Chemicals Total | 0 | 65,000 | 6.98 | 1.71 | 65,000 | 5.12 | 1.36 |
| Alphabet Inc C | 0 | 5,220 | 21.93 | 5.37 | 5,220 | 16.46 | 4.36 |
| Cyclical Goods & Services Total | 0 | 5,220 | 21.93 | 5.37 | 5,220 | 16.46 | 4.36 |
| Royal Dutch Shell Plc - A | 0 | 22,000 | 13.52 | 3.31 | 22,000 | 13.68 | 3.63 |
| Energy Total | 0 | 22,000 | 13.52 | 3.31 | 22,000 | 13.68 | 3.63 |
| iShares Core EURO STOXX 50 | 9,450 | 9,450 | 10.76 | 2.63 | 0 | 0.00 | 0.00 |
| Equities Total | 9,450 | 9,450 | 10.76 | 2.63 | 0 | 0.00 | 0.00 |
| Blackstone Group LP | 0 | 5,400 | 15.92 | 3.90 | 5,400 | 14.35 | 3.81 |
| Goldman Sachs Group | 0 | 1,460 | 20.06 | 4.91 | 1,460 | 18.36 | 4.87 |
| HSBC Holdings | 0 | 50,000 | 12.14 | 2.97 | 50,000 | 10.74 | 2.85 |
| Financial Services Total | 0 | 56,860 | 48.11 | 11.78 | 56,860 | 43.45 | 11.52 |
| Unilever plc | 0 | 6,000 | 6.13 | 1.50 | 6,000 | 6.47 | 1.71 |
| Food & Beverage Total | 0 | 6,000 | 6.13 | 1.50 | 6,000 | 6.47 | 1.71 |
| European - Currency | 0 | 0 | 0.39 | 0.10 | 0 | 0.57 | 0.15 |
| United Kingdom - Currency | 0 | 0 | 1.97 | 0.48 | 0 | 1.89 | 0.50 |
| USA - Currency | 0 | 0 | 0.53 | 0.13 | 0 | 10.38 | 2.75 |
| For Currency Total | 0 | 0 | 2.89 | 0.71 | 0 | 12.85 | 3.41 |
| The Bidvest Group Ltd. | 40,000 | 40,000 | 8.47 | 2.07 | 0 | 0.00 | 0.00 |
| General Industrials Total | 40,000 | 40,000 | 8.47 | 2.07 | 0 | 0.00 | 0.00 |
| Philip Morris International | 0 | 4,000 | 11.19 | 2.74 | 4,000 | 12.95 | 3.43 |
| Goods & Services Total | 0 | 4,000 | 11.19 | 2.74 | 4,000 | 12.95 | 3.43 |
| Johnson & Johnson | 0 | 2,000 | 6.40 | 1.57 | 2,000 | 5.43 | 1.44 |
| Healthcare Total | 0 | 2,000 | 6.40 | 1.57 | 2,000 | 5.43 | 1.44 |
| BHP Group Ltd. | 0 | 9,930 | 4.73 | 1.16 | 9,930 | 4.24 | 1.12 |
| Industrial Metals and Mining Total | 0 | 9,930 | 4.73 | 1.16 | 9,930 | 4.24 | 1.12 |
| Ing Groep | 0 | 31,950 | 14.30 | 3.50 | 31,950 | 12.41 | 3.29 |
| Insurance Total | 0 | 31,950 | 14.30 | 3.50 | 31,950 | 12.41 | 3.29 |
| Walt Disney Company | 0 | 4,000 | 7.90 | 1.93 | 4,000 | 8.82 | 2.34 |
| Media Total | 0 | 4,000 | 7.90 | 1.93 | 4,000 | 8.82 | 2.34 |
| Shoprite Holdings Ltd. | 0 | 30,000 | 8.22 | 2.01 | 30,000 | 8.31 | 2.20 |
| Personal Care, Drug and Grocery Stores Total | 0 | 30,000 | 8.22 | 2.01 | 30,000 | 8.31 | 2.20 |
| Compagnie Financière Richemont SA | 0 | 3,500 | 11.44 | 2.80 | 3,500 | 11.66 | 3.09 |
| Personal Goods Total | 0 | 3,500 | 11.44 | 2.80 | 3,500 | 11.66 | 3.09 |
| Growthpoint Properties Ltd. | 0 | 700,000 | 10.31 | 2.52 | 700,000 | 9.37 | 2.49 |
| Redefine Properties Ltd. | 0 | 3,000,000 | 14.91 | 3.65 | 3,000,000 | 13.74 | 3.64 |
| Real Estate Investment Trusts Total | 0 | 3,700,000 | 25.22 | 6.17 | 3,700,000 | 23.11 | 6.13 |
| Nike Incorporated | 0 | 6,685 | 8.04 | 1.97 | 6,685 | 8.44 | 2.24 |
| Visa Inc | 0 | 2,385 | 14.05 | 3.44 | 2,385 | 15.05 | 3.99 |
| Retail Total | 0 | 9,070 | 22.09 | 5.41 | 9,070 | 23.49 | 6.23 |
| Mr Price Group Ltd. | 0 | 45,000 | 9.17 | 2.24 | 45,000 | 9.96 | 2.64 |
| The Foschini Group Ltd. | -47,000 | 0 | 0.00 | 0.00 | 47,000 | 6.06 | 1.61 |
| Retailers Total | -47,000 | 45,000 | 9.17 | 2.24 | 92,000 | 16.02 | 4.25 |
| Naspers Ltd. | 0 | 2,400 | 15.01 | 3.67 | 2,400 | 13.24 | 3.51 |
| Prosus NV | 0 | 17,800 | 21.55 | 5.27 | 17,800 | 17.65 | 4.68 |
| Software and Computer Services Total | 0 | 20,200 | 36.56 | 8.95 | 20,200 | 30.89 | 8.19 |
| Apple Computer Company | 0 | 3,680 | 16.17 | 3.96 | 3,680 | 13.42 | 3.56 |
| Infineon Technologies | 0 | 12,253 | 8.25 | 2.02 | 12,253 | 9.23 | 2.45 |
| Microsoft Corporation | 0 | 2,220 | 19.84 | 4.86 | 2,220 | 19.62 | 5.20 |
| Taiwan Semiconductor Manufacturing Co Ltd | 0 | 4,000 | 19.27 | 4.72 | 4,000 | 16.10 | 4.27 |
| Technology Total | 0 | 22,153 | 63.52 | 15.55 | 22,153 | 58.37 | 15.48 |
| British American Tobacco plc | 0 | 12,000 | 10.95 | 2.68 | 12,000 | 10.09 | 2.68 |
| Tobacco Total | 0 | 12,000 | 10.95 | 2.68 | 12,000 | 10.09 | 2.68 |
| Portfolio Total | 2,450 | 7,066,333 | 408.56 | 100.00 | 7,063,883 | 377.10 | 100.00 |