| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | -28,418 | 26 | 0.00 | 0.00 | 28,444 | 0.82 | 0.01 |
| Alternative Energy Total | -28,418 | 26 | 0.00 | 0.00 | 28,444 | 0.82 | 0.01 |
| Absa Group Ltd. | 14,288 | 356,707 | 85.23 | 0.58 | 342,419 | 81.96 | 0.56 |
| Capitec Bank Holdings Ltd. | 2,027 | 37,589 | 153.55 | 1.04 | 35,562 | 147.79 | 1.01 |
| FirstRand Ltd. | 85,647 | 2,191,400 | 187.50 | 1.27 | 2,105,753 | 191.10 | 1.31 |
| Investec Ltd. | 4,144 | 105,544 | 13.47 | 0.09 | 101,400 | 12.39 | 0.08 |
| Investec plc | 2,822 | 144,874 | 18.72 | 0.13 | 142,052 | 17.35 | 0.12 |
| Nedbank Group Ltd. | 2,812 | 190,799 | 50.92 | 0.34 | 187,987 | 50.05 | 0.34 |
| Standard Bank Group Ltd. | 22,171 | 565,117 | 170.38 | 1.15 | 542,946 | 157.67 | 1.08 |
| Banks Total | 133,911 | 3,592,030 | 679.77 | 4.59 | 3,458,119 | 658.32 | 4.51 |
| Anheuser-Busch InBev SA/NV | 1,451 | 40,143 | 47.29 | 0.32 | 38,692 | 41.42 | 0.28 |
| Beverages Total | 1,451 | 40,143 | 47.29 | 0.32 | 38,692 | 41.42 | 0.28 |
| SA Bond CLN697 | 4,630,000 | 4,630,000 | 4.07 | 0.03 | 0 | 0.00 | 0.00 |
| SA Bond CLN698 | 870,000 | 870,000 | 0.75 | 0.01 | 0 | 0.00 | 0.00 |
| SA Bond CLN702 | 25,200,000 | 25,200,000 | 22.36 | 0.15 | 0 | 0.00 | 0.00 |
| SA Bond CLN705 | 5,300,000 | 5,300,000 | 4.68 | 0.03 | 0 | 0.00 | 0.00 |
| SA Bond CLN711 | 7,550,000 | 7,550,000 | 6.41 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond CLN720 | 46,000,000 | 46,000,000 | 38.15 | 0.26 | 0 | 0.00 | 0.00 |
| SA Bond CLN721 | 40,900,000 | 40,900,000 | 34.04 | 0.23 | 0 | 0.00 | 0.00 |
| SA Bond CLN723 | 42,000,000 | 42,000,000 | 35.22 | 0.24 | 0 | 0.00 | 0.00 |
| SA Bond CLN732 | 8,800,000 | 8,800,000 | 7.71 | 0.05 | 0 | 0.00 | 0.00 |
| SA Bond CLN881 | 43,100,000 | 43,100,000 | 37.31 | 0.25 | 0 | 0.00 | 0.00 |
| SA Bond CLN883 | 7,000,000 | 7,000,000 | 5.98 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond CLN884 | 8,000,000 | 8,000,000 | 6.75 | 0.05 | 0 | 0.00 | 0.00 |
| SA Bond CLN885 | 8,000,000 | 8,000,000 | 6.75 | 0.05 | 0 | 0.00 | 0.00 |
| SA Bond CLN899 | 47,500,000 | 47,500,000 | 32.88 | 0.22 | 0 | 0.00 | 0.00 |
| SA Bond CLN900 | 55,000,000 | 55,000,000 | 37.82 | 0.26 | 0 | 0.00 | 0.00 |
| SA Bond EL31 | 0 | 3,000,000 | 4.57 | 0.03 | 3,000,000 | 4.55 | 0.03 |
| SA Bond ES42 | 0 | 4,000,000 | 3.64 | 0.02 | 4,000,000 | 3.77 | 0.03 |
| SA Bond I2029 | 0 | 35,000,000 | 50.75 | 0.34 | 35,000,000 | 50.31 | 0.34 |
| SA Bond I2033 | 0 | 36,000,000 | 50.03 | 0.34 | 36,000,000 | 50.95 | 0.35 |
| SA Bond I2038 | 0 | 65,495,000 | 98.23 | 0.66 | 65,495,000 | 103.61 | 0.71 |
| SA Bond I2043 | 0 | 10,000,000 | 11.79 | 0.08 | 10,000,000 | 12.44 | 0.09 |
| SA Bond I2046 | 0 | 53,834,925 | 71.03 | 0.48 | 53,834,925 | 75.46 | 0.52 |
| SA Bond I2050 | 0 | 62,000,000 | 83.74 | 0.57 | 62,000,000 | 87.79 | 0.60 |
| SA Bond IBL263 | 0 | 100,000,000 | 101.75 | 0.69 | 100,000,000 | 101.84 | 0.70 |
| SA Bond R187 | 0 | 94,043,667 | 98.87 | 0.67 | 94,043,667 | 97.32 | 0.67 |
| SA Bond R188 | 0 | 94,043,667 | 101.00 | 0.68 | 94,043,667 | 100.37 | 0.69 |
| SA Bond R202 | 0 | 19,771,000 | 57.56 | 0.39 | 19,771,000 | 57.61 | 0.39 |
| SA Bond R2030 | 0 | 186,500,000 | 186.89 | 1.26 | 186,500,000 | 197.03 | 1.35 |
| SA Bond R2032 | 10,000,000 | 274,100,000 | 267.75 | 1.81 | 264,100,000 | 276.58 | 1.90 |
| SA Bond R2033 | 10,000,000 | 10,000,000 | 10.60 | 0.07 | 0 | 0.00 | 0.00 |
| SA Bond R2035 | 30,000,000 | 325,000,000 | 321.80 | 2.18 | 295,000,000 | 316.59 | 2.17 |
| SA Bond R2037 | 30,000,000 | 314,000,000 | 297.90 | 2.01 | 284,000,000 | 292.56 | 2.01 |
| SA Bond R2038 | 10,000,000 | 50,000,000 | 54.72 | 0.37 | 40,000,000 | 47.58 | 0.33 |
| SA Bond R2040 | 0 | 312,000,000 | 298.23 | 2.02 | 312,000,000 | 325.07 | 2.23 |
| SA Bond R2042 | 40,000,000 | 40,000,000 | 41.02 | 0.28 | 0 | 0.00 | 0.00 |
| SA Bond R2044 | 0 | 457,700,000 | 422.85 | 2.86 | 457,700,000 | 457.38 | 3.14 |
| SA Bond R2048 | 30,000,000 | 259,000,000 | 236.81 | 1.60 | 229,000,000 | 227.76 | 1.56 |
| SA Bond R2053 | 0 | 80,000,000 | 94.54 | 0.64 | 80,000,000 | 103.96 | 0.71 |
| SA Bond R209 | 0 | 105,960,000 | 85.11 | 0.58 | 105,960,000 | 92.29 | 0.63 |
| SA Bond R210 | 0 | 26,925,000 | 69.79 | 0.47 | 26,925,000 | 68.97 | 0.47 |
| SA Bond R213 | 0 | 221,750,000 | 209.18 | 1.41 | 221,750,000 | 222.14 | 1.52 |
| SA Bond R214 | 0 | 155,100,000 | 116.96 | 0.79 | 155,100,000 | 126.81 | 0.87 |
| SA Bond SBS77 | 0 | 10,000,000 | 10.28 | 0.07 | 10,000,000 | 10.30 | 0.07 |
| SA Bond SSN043 | 0 | 7,000,000 | 9.99 | 0.07 | 7,000,000 | 10.53 | 0.07 |
| Bond Total | 509,850,000 | 3,762,073,259 | 3,748.27 | 25.34 | 3,252,223,259 | 3,521.56 | 24.14 |
| iShares Core Global Aggregate Bond UCITS ETF | 69,205 | 4,897,494 | 450.04 | 3.04 | 4,828,289 | 438.37 | 3.01 |
| iShares Global Inflation Linked Govt Bond UCITS ETF | 0 | 37,327 | 104.18 | 0.70 | 37,327 | 101.37 | 0.69 |
| Bonds Total | 69,205 | 4,934,821 | 554.21 | 3.75 | 4,865,616 | 539.73 | 3.70 |
| Cash on call | 0 | 0 | 104.59 | 0.71 | 0 | -141.90 | -0.97 |
| Margin Account | 0 | 0 | 28.17 | 0.19 | 0 | 27.74 | 0.19 |
| Cash on call Total | 0 | 0 | 132.75 | 0.90 | 0 | -114.16 | -0.78 |
| AECI Ltd. | 0 | 46,291 | 5.35 | 0.04 | 46,291 | 4.13 | 0.03 |
| ASP Isotopes Inc. | 11,650 | 20,320 | 1.51 | 0.01 | 8,670 | 0.85 | 0.01 |
| Omnia Holdings Ltd. | 0 | 69,733 | 6.64 | 0.04 | 69,733 | 5.49 | 0.04 |
| Sasol Ltd. | 10,831 | 252,411 | 56.68 | 0.38 | 241,580 | 25.66 | 0.18 |
| Chemicals Total | 22,481 | 388,755 | 70.18 | 0.47 | 366,274 | 36.13 | 0.25 |
| Group Five Ltd. | 0 | 6,792 | 0.00 | 0.00 | 6,792 | 0.00 | 0.00 |
| Construction & Materials Total | 0 | 6,792 | 0.00 | 0.00 | 6,792 | 0.00 | 0.00 |
| PPC Ltd. | 0 | 543,074 | 3.22 | 0.02 | 543,074 | 3.04 | 0.02 |
| Raubex Group Ltd. | 0 | 79,133 | 3.83 | 0.03 | 79,133 | 3.53 | 0.02 |
| Wilson Bayly Holmes - Ovcon Ltd. | 0 | 22,976 | 3.54 | 0.02 | 22,976 | 3.84 | 0.03 |
| Construction and Materials Total | 0 | 645,183 | 10.59 | 0.07 | 645,183 | 10.40 | 0.07 |
| Advtech Ltd. | 11,730 | 209,652 | 8.75 | 0.06 | 197,922 | 7.37 | 0.05 |
| Curro Holdings Ltd. | -200,357 | 0 | 0.00 | 0.00 | 200,357 | 2.87 | 0.02 |
| Consumer Services Total | -188,627 | 209,652 | 8.75 | 0.06 | 398,279 | 10.24 | 0.07 |
| Reunert Ltd. | 0 | 66,538 | 4.32 | 0.03 | 66,538 | 4.15 | 0.03 |
| Electronic and Electrical Equipment Total | 0 | 66,538 | 4.32 | 0.03 | 66,538 | 4.15 | 0.03 |
| BlackRock Developed Real Estate Index sub-Fund USD | 0 | 484,880 | 117.08 | 0.79 | 484,880 | 114.51 | 0.79 |
| Blackrock Developed World Index Fund | 31,447 | 633,652 | 444.57 | 3.01 | 602,205 | 438.30 | 3.00 |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 0 | 37,249 | 28.36 | 0.19 | 37,249 | 27.75 | 0.19 |
| iShares Emerging Markets Index Fund | 41 | 79,988 | 30.63 | 0.21 | 79,947 | 29.40 | 0.20 |
| Equities Total | 31,488 | 1,235,769 | 620.64 | 4.20 | 1,204,281 | 609.96 | 4.18 |
| Channel VAS Investments Ltd. | 178,424 | 178,424 | 3.53 | 0.02 | 0 | 0.00 | 0.00 |
| Finance and Credit Services Total | 178,424 | 178,424 | 3.53 | 0.02 | 0 | 0.00 | 0.00 |
| Astral Foods Ltd. | 0 | 16,980 | 4.33 | 0.03 | 16,980 | 4.53 | 0.03 |
| AVI Ltd. | 4,641 | 140,783 | 14.60 | 0.10 | 136,142 | 14.36 | 0.10 |
| Oceana Group Ltd. | 0 | 40,531 | 2.08 | 0.01 | 40,531 | 2.26 | 0.02 |
| Premier Group Ltd. | 0 | 19,712 | 3.42 | 0.02 | 19,712 | 3.30 | 0.02 |
| RCL Foods Ltd. | 0 | 90,991 | 0.73 | 0.01 | 90,991 | 0.92 | 0.01 |
| Tiger Brands Ltd. | 1,127 | 63,481 | 19.11 | 0.13 | 62,354 | 22.83 | 0.16 |
| Food Producers Total | 5,768 | 372,478 | 44.27 | 0.30 | 366,710 | 48.21 | 0.33 |
| USA - Currency | 0 | 0 | 224.83 | 1.52 | 0 | 216.76 | 1.49 |
| For Currency Total | 0 | 0 | 224.83 | 1.52 | 0 | 216.76 | 1.49 |
| KAP Ltd. | 0 | 1,096,896 | 2.18 | 0.01 | 1,096,896 | 2.11 | 0.01 |
| Mondi plc | 0 | 75,776 | 14.57 | 0.10 | 75,776 | 15.43 | 0.11 |
| The Bidvest Group Ltd. | 4,400 | 144,498 | 32.93 | 0.22 | 140,098 | 33.27 | 0.23 |
| General Industrials Total | 4,400 | 1,317,170 | 49.68 | 0.34 | 1,312,770 | 50.81 | 0.35 |
| Life Healthcare Group Holdings Ltd. | 34,151 | 595,140 | 6.87 | 0.05 | 560,989 | 6.39 | 0.04 |
| Netcare Ltd. | 32,403 | 582,789 | 9.59 | 0.06 | 550,386 | 8.71 | 0.06 |
| Health Care Providers Total | 66,554 | 1,177,929 | 16.47 | 0.11 | 1,111,375 | 15.10 | 0.10 |
| Nedgroup Inv Core Income - D | -297,050,279 | 1,816,504,907 | 1,831.22 | 12.38 | 2,113,555,186 | 2,130.46 | 14.61 |
| Income Total | -297,050,279 | 1,816,504,907 | 1,831.22 | 12.38 | 2,113,555,186 | 2,130.46 | 14.61 |
| Sappi Ltd. | 0 | 245,380 | 4.16 | 0.03 | 245,380 | 6.02 | 0.04 |
| Industrial Materials Total | 0 | 245,380 | 4.16 | 0.03 | 245,380 | 6.02 | 0.04 |
| African Rainbow Minerals Ltd. | 2,223 | 42,460 | 9.67 | 0.07 | 40,237 | 8.00 | 0.05 |
| Afrimat Ltd. | 0 | 56,459 | 2.09 | 0.01 | 56,459 | 2.32 | 0.02 |
| Anglo American plc | 5,273 | 127,060 | 90.70 | 0.61 | 121,787 | 83.44 | 0.57 |
| BHP Group Ltd. | -2,592 | 56,646 | 34.19 | 0.23 | 59,238 | 30.04 | 0.21 |
| Glencore plc | 44,471 | 452,333 | 57.70 | 0.39 | 407,862 | 37.18 | 0.25 |
| Kumba Iron Ore Ltd. | 1,326 | 23,485 | 7.50 | 0.05 | 22,159 | 7.78 | 0.05 |
| South32 Ltd. | 0 | 92,587 | 4.68 | 0.03 | 92,587 | 3.64 | 0.03 |
| Industrial Metals and Mining Total | 50,701 | 851,030 | 206.54 | 1.40 | 800,329 | 172.40 | 1.18 |
| Hudaco Industries Ltd. | 0 | 12,715 | 2.40 | 0.02 | 12,715 | 2.61 | 0.02 |
| Industrial Support Services Total | 0 | 12,715 | 2.40 | 0.02 | 12,715 | 2.61 | 0.02 |
| Grindrod Ltd. | 0 | 261,602 | 4.81 | 0.03 | 261,602 | 4.45 | 0.03 |
| Super Group Ltd. | 0 | 154,148 | 2.61 | 0.02 | 154,148 | 2.91 | 0.02 |
| Industrial Transportation Total | 0 | 415,750 | 7.42 | 0.05 | 415,750 | 7.36 | 0.05 |
| Alexander Forbes Group Holdings Ltd. | 0 | 107,013 | 0.70 | 0.00 | 107,013 | 0.83 | 0.01 |
| Coronation Fund Managers Ltd. | 0 | 115,078 | 5.07 | 0.03 | 115,078 | 5.38 | 0.04 |
| Hosken Consolidated Investments Ltd. | 0 | 20,662 | 3.42 | 0.02 | 20,662 | 3.22 | 0.02 |
| JSE Ltd. | 0 | 35,605 | 5.63 | 0.04 | 35,605 | 5.11 | 0.04 |
| Ninety One Ltd. | 0 | 94,732 | 4.80 | 0.03 | 94,732 | 4.53 | 0.03 |
| Ninety One plc | 0 | 65,546 | 3.36 | 0.02 | 65,546 | 3.16 | 0.02 |
| PSG Financial Services Ltd. | 24,531 | 423,396 | 11.16 | 0.08 | 398,865 | 10.87 | 0.07 |
| Quilter plc | 0 | 287,851 | 11.30 | 0.08 | 287,851 | 11.67 | 0.08 |
| Reinet Investments SCA | 1,731 | 56,612 | 30.95 | 0.21 | 54,881 | 31.83 | 0.22 |
| Remgro Ltd. | 9,026 | 214,659 | 40.31 | 0.27 | 205,633 | 37.35 | 0.26 |
| Investment Banking and Brokerage Services Total | 35,288 | 1,421,154 | 116.71 | 0.79 | 1,385,866 | 113.96 | 0.78 |
| Discovery Ltd. | 9,486 | 231,241 | 56.84 | 0.38 | 221,755 | 50.47 | 0.35 |
| Momentum Group Ltd. | 8,935 | 520,600 | 18.70 | 0.13 | 511,665 | 19.57 | 0.13 |
| Old Mutual Ltd. | 29,690 | 1,724,767 | 23.87 | 0.16 | 1,695,077 | 25.26 | 0.17 |
| Sanlam Ltd. | 30,456 | 754,944 | 66.11 | 0.45 | 724,488 | 71.35 | 0.49 |
| Life Insurance Total | 78,567 | 3,231,552 | 165.52 | 1.12 | 3,152,985 | 166.64 | 1.14 |
| Money Market - 14 months duration | 0 | 0 | 96.00 | 0.65 | 0 | 0.00 | 0.00 |
| Money Market - 17 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 96.14 | 0.66 |
| Money Market - 20 months duration | 0 | 0 | 30.22 | 0.20 | 0 | 0.00 | 0.00 |
| Money Market - 23 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 30.25 | 0.21 |
| Money Market - 25 months duration | 0 | 0 | 5.08 | 0.03 | 0 | 0.00 | 0.00 |
| Money Market - 26 months duration | 0 | 0 | 67.37 | 0.46 | 0 | 0.00 | 0.00 |
| Money Market - 28 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 5.08 | 0.03 |
| Money Market - 29 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 67.40 | 0.46 |
| Money Market - 34 months duration | 0 | 0 | 96.68 | 0.65 | 0 | 0.00 | 0.00 |
| Money Market Instrument | 0 | 0 | 1,082.88 | 7.32 | 0 | 1,180.56 | 8.09 |
| Nedgroup Investments Corporate Money Market - Z | -6,832,149 | 103,071,262 | 103.57 | 0.70 | 109,903,411 | 110.53 | 0.76 |
| Nedgroup Inv Money Market - B | -58,305,110 | 47,096,845 | 47.46 | 0.32 | 105,401,955 | 106.06 | 0.73 |
| Money Market Total | -65,137,259 | 150,168,107 | 1,529.26 | 10.34 | 215,305,366 | 1,596.02 | 10.94 |
| OUTsurance Group Ltd. | 11,256 | 363,402 | 25.25 | 0.17 | 352,146 | 25.23 | 0.17 |
| Santam Ltd. | 0 | 16,495 | 6.45 | 0.04 | 16,495 | 7.05 | 0.05 |
| Non-life Insurance Total | 11,256 | 379,897 | 31.69 | 0.21 | 368,641 | 32.29 | 0.22 |
| iShares Core MSCI World UCITS ETF | 1,902 | 49,140 | 103.67 | 0.70 | 47,238 | 102.31 | 0.70 |
| Nedgroup Investments Core Global - A | 0 | 62,654,755 | 2,268.53 | 15.33 | 62,654,755 | 2,285.25 | 15.67 |
| Offshore Intern Total | 1,902 | 62,703,895 | 2,372.20 | 16.03 | 62,701,993 | 2,387.56 | 16.37 |
| Exxaro Resources Ltd. | 4,829 | 101,936 | 22.73 | 0.15 | 97,107 | 17.38 | 0.12 |
| Thungela Resources Ltd. | 1,349 | 45,478 | 7.68 | 0.05 | 44,129 | 4.24 | 0.03 |
| Oil, Gas and Coal Total | 6,178 | 147,414 | 30.41 | 0.21 | 141,236 | 21.62 | 0.15 |
| Bid Corporation Ltd. | 5,886 | 144,513 | 59.12 | 0.40 | 138,627 | 58.48 | 0.40 |
| Boxer Retail Ltd. | 0 | 69,228 | 5.21 | 0.04 | 69,228 | 4.94 | 0.03 |
| Clicks Group Ltd. | 3,313 | 99,762 | 28.84 | 0.20 | 96,449 | 32.46 | 0.22 |
| Dis-Chem Pharmacies Ltd. | 12,364 | 217,336 | 8.05 | 0.05 | 204,972 | 7.17 | 0.05 |
| Pick n Pay Stores Ltd. | 0 | 216,688 | 4.15 | 0.03 | 216,688 | 5.40 | 0.04 |
| Shoprite Holdings Ltd. | 8,320 | 203,253 | 56.54 | 0.38 | 194,933 | 52.68 | 0.36 |
| The SPAR Group Ltd. | 0 | 78,806 | 4.96 | 0.03 | 78,806 | 7.53 | 0.05 |
| Personal Care, Drug and Grocery Stores Total | 29,883 | 1,029,586 | 166.87 | 1.13 | 999,703 | 168.66 | 1.16 |
| Compagnie Financière Richemont SA | 642 | 20,103 | 59.03 | 0.40 | 19,461 | 70.59 | 0.48 |
| Personal Goods Total | 642 | 20,103 | 59.03 | 0.40 | 19,461 | 70.59 | 0.48 |
| Aspen Pharmacare Holdings Ltd. | 7,660 | 166,771 | 21.52 | 0.15 | 159,111 | 18.58 | 0.13 |
| Pharmaceuticals and Biotechnology Total | 7,660 | 166,771 | 21.52 | 0.15 | 159,111 | 18.58 | 0.13 |
| AngloGold Ashanti plc | 1,178 | 145,121 | 232.55 | 1.57 | 143,943 | 206.29 | 1.41 |
| DRDGOLD Ltd. | 10,231 | 185,277 | 9.03 | 0.06 | 175,046 | 9.17 | 0.06 |
| Gold Fields Ltd. | 14,746 | 379,699 | 283.61 | 1.92 | 364,953 | 264.85 | 1.82 |
| Harmony Gold Mining Company Ltd. | 9,475 | 235,268 | 59.58 | 0.40 | 225,793 | 76.11 | 0.52 |
| Impala Platinum Holdings Ltd. | 13,511 | 336,719 | 79.35 | 0.54 | 323,208 | 84.68 | 0.58 |
| Northam Platinum Holdings Ltd. | 6,267 | 152,110 | 51.49 | 0.35 | 145,843 | 49.17 | 0.34 |
| Pan African Resources plc | -4,240 | 673,324 | 20.57 | 0.14 | 677,564 | 18.25 | 0.13 |
| Sibanye Stillwater Ltd. | 48,914 | 1,208,822 | 60.38 | 0.41 | 1,159,908 | 70.17 | 0.48 |
| Valterra Platinum Ltd. | 5,765 | 102,392 | 141.22 | 0.95 | 96,627 | 136.20 | 0.93 |
| Precious Metals and Mining Total | 105,847 | 3,418,732 | 937.79 | 6.34 | 3,312,885 | 914.89 | 6.27 |
| Fortress Real Estate Investments Ltd. | 60,674 | 1,277,437 | 28.22 | 0.19 | 1,216,763 | 29.08 | 0.20 |
| Lighthouse Properties plc | 64,891 | 1,138,805 | 8.47 | 0.06 | 1,073,914 | 9.07 | 0.06 |
| MAS plc | -50,692 | 313,688 | 6.02 | 0.04 | 364,380 | 8.23 | 0.06 |
| NEPI Rockcastle NV | 3,226 | 383,233 | 52.12 | 0.35 | 380,007 | 55.42 | 0.38 |
| Real Estate Investment and Services Total | 78,099 | 3,113,163 | 94.83 | 0.64 | 3,035,064 | 101.81 | 0.70 |
| Attacq Ltd. | 15,492 | 715,590 | 11.67 | 0.08 | 700,098 | 11.41 | 0.08 |
| Burstone Group Ltd. | 0 | 633,537 | 5.69 | 0.04 | 633,537 | 5.79 | 0.04 |
| Dipula Properties Ltd. | 732,121 | 732,121 | 4.82 | 0.03 | 0 | 0.00 | 0.00 |
| Emira Property Fund Ltd. | 0 | 194,685 | 2.62 | 0.02 | 194,685 | 2.65 | 0.02 |
| Equites Property Fund Ltd. | 42,801 | 857,552 | 14.16 | 0.10 | 814,751 | 14.95 | 0.10 |
| Fairvest Ltd. | 42,209 | 1,906,116 | 12.16 | 0.08 | 1,863,907 | 13.38 | 0.09 |
| Growthpoint Properties Ltd. | 26,655 | 3,241,475 | 52.09 | 0.35 | 3,214,820 | 55.17 | 0.38 |
| Hammerson plc | 6,448 | 148,161 | 9.90 | 0.07 | 141,713 | 10.35 | 0.07 |
| Hyprop Investments Ltd. | 11,084 | 411,783 | 21.92 | 0.15 | 400,699 | 22.85 | 0.16 |
| Intu Properties plc | 0 | 2,167,369 | 0.00 | 0.00 | 2,167,369 | 0.00 | 0.00 |
| Octodec Investments Ltd. | 159,491 | 159,491 | 2.45 | 0.02 | 0 | 0.00 | 0.00 |
| Primary Health Properties plc | -18,686 | 54,465 | 1.12 | 0.01 | 73,151 | 1.59 | 0.01 |
| Redefine Properties Ltd. | 60,089 | 6,973,734 | 41.01 | 0.28 | 6,913,645 | 41.48 | 0.28 |
| Resilient REIT Ltd. | 2,919 | 295,415 | 23.16 | 0.16 | 292,496 | 23.40 | 0.16 |
| SA Corporate Real Estate Ltd. | -35,234 | 2,156,727 | 6.88 | 0.05 | 2,191,961 | 7.89 | 0.05 |
| Shaftesbury Capital plc | 13,596 | 158,857 | 4.62 | 0.03 | 145,261 | 4.69 | 0.03 |
| Sirius Real Estate Ltd. | 8,652 | 442,259 | 9.34 | 0.06 | 433,607 | 9.41 | 0.06 |
| Spear REIT Ltd. | 327,220 | 327,220 | 3.98 | 0.03 | 0 | 0.00 | 0.00 |
| Stor-Age Property REIT Ltd. | 30,069 | 434,239 | 7.20 | 0.05 | 404,170 | 7.25 | 0.05 |
| Supermarket Income REIT plc | -87,823 | 51,188 | 0.93 | 0.01 | 139,011 | 2.56 | 0.02 |
| Vukile Property Fund Ltd. | 12,961 | 1,356,317 | 29.92 | 0.20 | 1,343,356 | 33.58 | 0.23 |
| Real Estate Investment Trusts Total | 1,350,064 | 23,418,301 | 265.64 | 1.80 | 22,068,237 | 268.40 | 1.84 |
| Italtile Ltd. | 0 | 195,117 | 1.68 | 0.01 | 195,117 | 1.77 | 0.01 |
| Motus Holdings Ltd. | 3,724 | 66,990 | 7.65 | 0.05 | 63,266 | 7.71 | 0.05 |
| Mr Price Group Ltd. | 3,418 | 107,299 | 16.28 | 0.11 | 103,881 | 18.18 | 0.12 |
| Pepkor Holdings Ltd. | 66,776 | 1,589,591 | 35.69 | 0.24 | 1,522,815 | 40.28 | 0.28 |
| The Foschini Group Ltd. | 5,997 | 137,531 | 9.71 | 0.07 | 131,534 | 11.04 | 0.08 |
| Truworths International Ltd. | 8,886 | 160,887 | 8.33 | 0.06 | 152,001 | 8.65 | 0.06 |
| We Buy Cars Holdings Ltd. | 53,102 | 152,492 | 6.00 | 0.04 | 99,390 | 4.75 | 0.03 |
| Woolworths Holdings Ltd. | 17,412 | 387,801 | 19.67 | 0.13 | 370,389 | 20.74 | 0.14 |
| Retailers Total | 159,315 | 2,797,708 | 105.00 | 0.71 | 2,638,393 | 113.13 | 0.78 |
| Altron Ltd. | 0 | 100,521 | 2.01 | 0.01 | 100,521 | 2.00 | 0.01 |
| Bytes Technology Group plc | 11,942 | 56,749 | 3.53 | 0.02 | 44,807 | 3.65 | 0.03 |
| Datatec Ltd. | 5,964 | 86,205 | 5.96 | 0.04 | 80,241 | 6.34 | 0.04 |
| Karooooo Ltd. | 0 | 2,500 | 1.96 | 0.01 | 2,500 | 1.96 | 0.01 |
| Naspers Ltd. | 49,895 | 324,566 | 278.34 | 1.88 | 274,671 | 303.38 | 2.08 |
| Prosus NV | 9,631 | 94,510 | 72.22 | 0.49 | 84,879 | 86.88 | 0.60 |
| Software and Computer Services Total | 77,432 | 665,051 | 364.03 | 2.46 | 587,619 | 404.20 | 2.77 |
| Blu Label Unlimited Group Ltd. | 0 | 246,538 | 2.06 | 0.01 | 246,538 | 2.60 | 0.02 |
| MTN Group Ltd. | 29,884 | 756,861 | 146.15 | 0.99 | 726,977 | 123.22 | 0.84 |
| Telkom SA SOC Ltd. | 6,775 | 119,507 | 6.99 | 0.05 | 112,732 | 6.65 | 0.05 |
| Vodacom Group Ltd. | 10,874 | 256,706 | 36.97 | 0.25 | 245,832 | 34.74 | 0.24 |
| Telecommunications Service Providers Total | 47,533 | 1,379,612 | 192.17 | 1.30 | 1,332,079 | 167.21 | 1.15 |
| British American Tobacco plc | -2,925 | 63,893 | 63.76 | 0.43 | 66,818 | 62.89 | 0.43 |
| Tobacco Total | -2,925 | 63,893 | 63.76 | 0.43 | 66,818 | 62.89 | 0.43 |
| Famous Brands Ltd. | 0 | 40,516 | 2.04 | 0.01 | 40,516 | 2.17 | 0.01 |
| Southern Sun Ltd. | 0 | 315,973 | 3.22 | 0.02 | 315,973 | 3.24 | 0.02 |
| Sun International Ltd. | 0 | 76,248 | 3.65 | 0.02 | 76,248 | 2.95 | 0.02 |
| Tsogo Sun Ltd. | 0 | 230,765 | 1.58 | 0.01 | 230,765 | 1.62 | 0.01 |
| Travel and Leisure Total | 0 | 663,502 | 10.49 | 0.07 | 663,502 | 9.96 | 0.07 |
| Portfolio Total | 149,996,541 | 5,849,057,192 | 14,794.22 | 100.00 | 5,699,060,651 | 14,586.72 | 100.00 |