| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 36,346 | 36,346 | 6.41 | 2.08 | 0 | 0.00 | 0.00 |
| Capitec Bank Holdings Ltd. | 685 | 685 | 2.11 | 0.68 | 0 | 0.00 | 0.00 |
| FirstRand Ltd. | 159,889 | 159,889 | 11.50 | 3.72 | 0 | 0.00 | 0.00 |
| Investec Ltd. | 33,474 | 33,474 | 3.79 | 1.23 | 0 | 0.00 | 0.00 |
| Nedbank Group Ltd. | 21,238 | 21,238 | 5.44 | 1.76 | 0 | 0.00 | 0.00 |
| Standard Bank Group Ltd. | 84,131 | 84,131 | 20.21 | 6.55 | 0 | 0.00 | 0.00 |
| Banks Total | 335,763 | 335,763 | 49.46 | 16.02 | 0 | 0.00 | 0.00 |
| Anheuser-Busch InBev SA/NV | 2,892 | 2,892 | 3.27 | 1.06 | 0 | 0.00 | 0.00 |
| Beverages Total | 2,892 | 2,892 | 3.27 | 1.06 | 0 | 0.00 | 0.00 |
| Cash on call | 0 | 0 | 6.76 | 2.19 | 0 | 0.00 | 0.00 |
| Margin Account | 0 | 0 | 0.21 | 0.07 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 6.96 | 2.26 | 0 | 0.00 | 0.00 |
| AECI Ltd. | 41,950 | 41,950 | 4.09 | 1.33 | 0 | 0.00 | 0.00 |
| Omnia Holdings Ltd. | 55,371 | 55,371 | 3.73 | 1.21 | 0 | 0.00 | 0.00 |
| Sasol Ltd. | 33,700 | 33,700 | 2.57 | 0.83 | 0 | 0.00 | 0.00 |
| Chemicals Total | 131,021 | 131,021 | 10.39 | 3.37 | 0 | 0.00 | 0.00 |
| PPC Ltd. | 492,667 | 492,667 | 2.30 | 0.75 | 0 | 0.00 | 0.00 |
| Wilson Bayly Holmes - Ovcon Ltd. | 10,847 | 10,847 | 1.98 | 0.64 | 0 | 0.00 | 0.00 |
| Construction and Materials Total | 503,514 | 503,514 | 4.28 | 1.39 | 0 | 0.00 | 0.00 |
| ADvTECH Ltd. | 29,060 | 29,060 | 0.96 | 0.31 | 0 | 0.00 | 0.00 |
| Curro Holdings Ltd. | 252,101 | 252,101 | 2.12 | 0.69 | 0 | 0.00 | 0.00 |
| Consumer Services Total | 281,161 | 281,161 | 3.08 | 1.00 | 0 | 0.00 | 0.00 |
| Equity Derivative | 0 | 0 | -0.02 | -0.01 | 0 | 0.00 | 0.00 |
| Derivatives Total | 0 | 0 | -0.02 | -0.01 | 0 | 0.00 | 0.00 |
| Reunert Ltd. | 6,551 | 6,551 | 0.40 | 0.13 | 0 | 0.00 | 0.00 |
| Electronic and Electrical Equipment Total | 6,551 | 6,551 | 0.40 | 0.13 | 0 | 0.00 | 0.00 |
| Crookes Brothers Ltd. | 6,835 | 6,835 | 0.19 | 0.06 | 0 | 0.00 | 0.00 |
| Libstar Holdings Ltd. | 168,850 | 168,850 | 0.57 | 0.19 | 0 | 0.00 | 0.00 |
| Oceana Group Ltd. | 9,473 | 9,473 | 0.55 | 0.18 | 0 | 0.00 | 0.00 |
| Sea Harvest Group Ltd. | 153,488 | 153,488 | 1.06 | 0.34 | 0 | 0.00 | 0.00 |
| Tiger Brands Ltd. | 7,449 | 7,449 | 2.07 | 0.67 | 0 | 0.00 | 0.00 |
| Food Producers Total | 346,095 | 346,095 | 4.45 | 1.44 | 0 | 0.00 | 0.00 |
| KAP Ltd. | 976,217 | 976,217 | 2.45 | 0.79 | 0 | 0.00 | 0.00 |
| Mondi plc | 36,280 | 36,280 | 9.88 | 3.20 | 0 | 0.00 | 0.00 |
| General Industrials Total | 1,012,497 | 1,012,497 | 12.33 | 3.99 | 0 | 0.00 | 0.00 |
| Life Healthcare Group Holdings Ltd. | 82,817 | 82,817 | 1.15 | 0.37 | 0 | 0.00 | 0.00 |
| Netcare Ltd. | 177,096 | 177,096 | 2.33 | 0.75 | 0 | 0.00 | 0.00 |
| Health Care Providers Total | 259,913 | 259,913 | 3.48 | 1.13 | 0 | 0.00 | 0.00 |
| Anglo American plc | 16,443 | 16,443 | 8.48 | 2.75 | 0 | 0.00 | 0.00 |
| BHP Group Ltd. | 10,173 | 10,173 | 4.54 | 1.47 | 0 | 0.00 | 0.00 |
| Glencore plc | 98,084 | 98,084 | 6.56 | 2.13 | 0 | 0.00 | 0.00 |
| Kumba Iron Ore Ltd. | 9,426 | 9,426 | 2.94 | 0.95 | 0 | 0.00 | 0.00 |
| Master Drilling Group Ltd. | 48,280 | 48,280 | 0.71 | 0.23 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 182,406 | 182,406 | 23.23 | 7.53 | 0 | 0.00 | 0.00 |
| Adcorp Holdings Ltd. | 72,582 | 72,582 | 0.31 | 0.10 | 0 | 0.00 | 0.00 |
| Industrial Support Services Total | 72,582 | 72,582 | 0.31 | 0.10 | 0 | 0.00 | 0.00 |
| Super Group Ltd. | 103,676 | 103,676 | 2.93 | 0.95 | 0 | 0.00 | 0.00 |
| Industrial Transportation Total | 103,676 | 103,676 | 2.93 | 0.95 | 0 | 0.00 | 0.00 |
| Brait plc | 1,140,187 | 1,140,187 | 2.26 | 0.73 | 0 | 0.00 | 0.00 |
| Coronation Fund Managers Ltd. | 59,260 | 59,260 | 2.31 | 0.75 | 0 | 0.00 | 0.00 |
| Ninety One Ltd. | 194,966 | 194,966 | 6.76 | 2.19 | 0 | 0.00 | 0.00 |
| Quilter plc | 72,611 | 72,611 | 2.57 | 0.83 | 0 | 0.00 | 0.00 |
| Reinet Investments SCA | 6,039 | 6,039 | 2.71 | 0.88 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 1,473,063 | 1,473,063 | 16.61 | 5.38 | 0 | 0.00 | 0.00 |
| Nedcor Investment Bank Holdings Ltd. | 2,700,000 | 2,700,000 | 2.72 | 0.88 | 0 | 0.00 | 0.00 |
| Investment Banks Total | 2,700,000 | 2,700,000 | 2.72 | 0.88 | 0 | 0.00 | 0.00 |
| Discovery Ltd. | 35,970 | 35,970 | 7.16 | 2.32 | 0 | 0.00 | 0.00 |
| Old Mutual Ltd. | 40,137 | 40,137 | 0.48 | 0.16 | 0 | 0.00 | 0.00 |
| Life Insurance Total | 76,107 | 76,107 | 7.64 | 2.48 | 0 | 0.00 | 0.00 |
| OUTsurance Group Ltd. | 6,321 | 6,321 | 0.44 | 0.14 | 0 | 0.00 | 0.00 |
| Santam Ltd. | 7,046 | 7,046 | 2.63 | 0.85 | 0 | 0.00 | 0.00 |
| Non-life Insurance Total | 13,367 | 13,367 | 3.08 | 1.00 | 0 | 0.00 | 0.00 |
| Exxaro Resources Ltd. | 32,120 | 32,120 | 4.79 | 1.55 | 0 | 0.00 | 0.00 |
| Oil, Gas and Coal Total | 32,120 | 32,120 | 4.79 | 1.55 | 0 | 0.00 | 0.00 |
| Bid Corporation Ltd. | 6,177 | 6,177 | 2.72 | 0.88 | 0 | 0.00 | 0.00 |
| Pick n Pay Stores Ltd. | 17,272 | 17,272 | 0.48 | 0.15 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | 8,308 | 8,308 | 2.25 | 0.73 | 0 | 0.00 | 0.00 |
| The SPAR Group Ltd. | 44,538 | 44,538 | 5.30 | 1.72 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 76,295 | 76,295 | 10.75 | 3.48 | 0 | 0.00 | 0.00 |
| Compagnie Financière Richemont SA | 1,610 | 1,610 | 5.14 | 1.67 | 0 | 0.00 | 0.00 |
| Personal Goods Total | 1,610 | 1,610 | 5.14 | 1.67 | 0 | 0.00 | 0.00 |
| Aspen Pharmacare Holdings Ltd. | 11,241 | 11,241 | 1.83 | 0.59 | 0 | 0.00 | 0.00 |
| Pharmaceuticals and Biotechnology Total | 11,241 | 11,241 | 1.83 | 0.59 | 0 | 0.00 | 0.00 |
| AngloGold Ashanti plc | 13,552 | 13,552 | 9.46 | 3.06 | 0 | 0.00 | 0.00 |
| Gold Fields Ltd. | 12,254 | 12,254 | 5.11 | 1.65 | 0 | 0.00 | 0.00 |
| Impala Platinum Holdings Ltd. | 34,634 | 34,634 | 4.40 | 1.43 | 0 | 0.00 | 0.00 |
| Northam Platinum Holdings Ltd. | 51,567 | 51,567 | 6.90 | 2.23 | 0 | 0.00 | 0.00 |
| Valterra Platinum Ltd. | 17,232 | 17,232 | 12.93 | 4.19 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 129,239 | 129,239 | 38.79 | 12.57 | 0 | 0.00 | 0.00 |
| NEPI Rockcastle NV | 12,492 | 12,492 | 1.65 | 0.54 | 0 | 0.00 | 0.00 |
| Real Estate Investment and Services Total | 12,492 | 12,492 | 1.65 | 0.54 | 0 | 0.00 | 0.00 |
| Growthpoint Properties Ltd. | 219,215 | 219,215 | 2.84 | 0.92 | 0 | 0.00 | 0.00 |
| Resilient REIT Ltd. | 14,132 | 14,132 | 0.81 | 0.26 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 233,347 | 233,347 | 3.65 | 1.18 | 0 | 0.00 | 0.00 |
| Motus Holdings Ltd. | 6,066 | 6,066 | 0.53 | 0.17 | 0 | 0.00 | 0.00 |
| Mr Price Group Ltd. | 12,713 | 12,713 | 2.82 | 0.91 | 0 | 0.00 | 0.00 |
| The Foschini Group Ltd. | 4,725 | 4,725 | 0.58 | 0.19 | 0 | 0.00 | 0.00 |
| Truworths International Ltd. | 41,112 | 41,112 | 2.99 | 0.97 | 0 | 0.00 | 0.00 |
| Woolworths Holdings Ltd. | 117,943 | 117,943 | 6.11 | 1.98 | 0 | 0.00 | 0.00 |
| Retailers Total | 182,559 | 182,559 | 13.02 | 4.22 | 0 | 0.00 | 0.00 |
| Altron Ltd. | 48,802 | 48,802 | 1.00 | 0.32 | 0 | 0.00 | 0.00 |
| Bytes Technology Group plc | 4,161 | 4,161 | 0.48 | 0.16 | 0 | 0.00 | 0.00 |
| Datatec Ltd. | 95,841 | 95,841 | 5.31 | 1.72 | 0 | 0.00 | 0.00 |
| Naspers Ltd. | 4,158 | 4,158 | 18.89 | 6.12 | 0 | 0.00 | 0.00 |
| Prosus NV | 31,411 | 31,411 | 26.44 | 8.57 | 0 | 0.00 | 0.00 |
| Software and Computer Services Total | 184,373 | 184,373 | 52.12 | 16.88 | 0 | 0.00 | 0.00 |
| MTN Group Ltd. | 36,574 | 36,574 | 4.53 | 1.47 | 0 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | 36,574 | 36,574 | 4.53 | 1.47 | 0 | 0.00 | 0.00 |
| British American Tobacco plc | 10,050 | 10,050 | 7.68 | 2.49 | 0 | 0.00 | 0.00 |
| Tobacco Total | 10,050 | 10,050 | 7.68 | 2.49 | 0 | 0.00 | 0.00 |
| Famous Brands Ltd. | 87,693 | 87,693 | 5.04 | 1.63 | 0 | 0.00 | 0.00 |
| Sun International Ltd. | 14,403 | 14,403 | 0.60 | 0.19 | 0 | 0.00 | 0.00 |
| Tsogo Sun Ltd. | 539,708 | 539,708 | 4.51 | 1.46 | 0 | 0.00 | 0.00 |
| Travel and Leisure Total | 641,804 | 641,804 | 10.15 | 3.29 | 0 | 0.00 | 0.00 |
| Portfolio Total | 9,052,312 | 9,052,312 | 308.71 | 100.00 | 0 | 0.00 | 0.00 |