| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -3,058 | 21,388 | 3.87 | 1.95 | 24,446 | 4.30 | 2.10 |
| FirstRand Ltd. | -7,089 | 46,718 | 3.64 | 1.83 | 53,807 | 4.10 | 2.01 |
| Standard Bank Group Ltd. | -2,250 | 15,393 | 3.64 | 1.83 | 17,643 | 4.02 | 1.97 |
| Banks Total | -12,397 | 83,499 | 11.14 | 5.61 | 95,896 | 12.41 | 6.08 |
| Anheuser-Busch InBev SA/NV | -104 | 1,526 | 1.58 | 0.79 | 1,630 | 1.99 | 0.97 |
| Beverages Total | -104 | 1,526 | 1.58 | 0.79 | 1,630 | 1.99 | 0.97 |
| SA Bond BNDS | 0 | 0 | 17.77 | 8.95 | 0 | 20.72 | 10.15 |
| SA Bond R2037 | 0 | 8,915,000 | 8.35 | 4.20 | 8,915,000 | 8.07 | 3.96 |
| SA Bond R2040 | 0 | 6,544,521 | 6.10 | 3.07 | 6,544,521 | 5.91 | 2.90 |
| SA Bond R2044 | 0 | 1,585,000 | 1.40 | 0.71 | 1,585,000 | 1.35 | 0.66 |
| SA Bond R2048 | 0 | 2,370,000 | 2.07 | 1.04 | 2,370,000 | 1.98 | 0.97 |
| SA Bond R2053 | 1,700,000 | 1,700,000 | 1.93 | 0.97 | 0 | 0.00 | 0.00 |
| SA Bond R214 | 0 | 1,800,000 | 1.31 | 0.66 | 1,800,000 | 1.26 | 0.62 |
| Bond Total | 1,700,000 | 22,914,521 | 38.94 | 19.61 | 21,214,521 | 39.29 | 19.25 |
| iShares 7-10 Year Treasury Bond ETF | -1,236 | 4,951 | 8.26 | 4.16 | 6,187 | 10.49 | 5.14 |
| iShares USD Treasury Bond 3-7yr UCITS ETF | -4,712 | 0 | 0.00 | 0.00 | 4,712 | 9.96 | 4.88 |
| Bonds Total | -5,948 | 4,951 | 8.26 | 4.16 | 10,899 | 20.45 | 10.02 |
| Cash on call | 0 | 0 | 3.17 | 1.59 | 0 | 1.58 | 0.78 |
| Margin Account | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 3.17 | 1.59 | 0 | 1.58 | 0.78 |
| Sasol Ltd. | -967 | 14,181 | 1.52 | 0.77 | 15,148 | 1.22 | 0.60 |
| Chemicals Total | -967 | 14,181 | 1.52 | 0.77 | 15,148 | 1.22 | 0.60 |
| PPC Ltd. | -17,244 | 252,878 | 1.37 | 0.69 | 270,122 | 1.40 | 0.69 |
| Wilson Bayly Holmes - Ovcon Ltd. | -881 | 12,927 | 1.94 | 0.98 | 13,808 | 2.54 | 1.25 |
| Construction and Materials Total | -18,125 | 265,805 | 3.30 | 1.66 | 283,930 | 3.94 | 1.93 |
| Reunert Ltd. | -3,468 | 50,849 | 2.72 | 1.37 | 54,317 | 3.18 | 1.56 |
| Electronic and Electrical Equipment Total | -3,468 | 50,849 | 2.72 | 1.37 | 54,317 | 3.18 | 1.56 |
| iShares MSCI Europe Index Fund | 0 | 6,217 | 4.36 | 2.20 | 6,217 | 4.40 | 2.16 |
| iShares Taiwan FTSE XINHUA China 25 ETF | -2,401 | 0 | 0.00 | 0.00 | 2,401 | 4.47 | 2.19 |
| Sasfin Global Equity Fund A | -61,774 | 95,562 | 3.04 | 1.53 | 157,336 | 4.92 | 2.41 |
| Equities Total | -64,175 | 101,779 | 7.40 | 3.73 | 165,954 | 13.79 | 6.76 |
| NewGold | 7,037 | 7,037 | 4.29 | 2.16 | 0 | 0.00 | 0.00 |
| Exchange Traded Funds Total | 7,037 | 7,037 | 4.29 | 2.16 | 0 | 0.00 | 0.00 |
| iShares FTSE A50 China Index ETF | 2,401 | 2,401 | 4.90 | 2.47 | 0 | 0.00 | 0.00 |
| Financials Total | 2,401 | 2,401 | 4.90 | 2.47 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 7,042 | 7,042 | 0.16 | 0.08 | 0 | 0.14 | 0.07 |
| USA - Currency | 2,187 | 2,187 | 0.04 | 0.02 | 0 | 0.41 | 0.20 |
| For Currency Total | 9,229 | 9,229 | 0.20 | 0.10 | 0 | 0.55 | 0.27 |
| Foreign - Unit Trusts | 0 | 0 | 9.73 | 4.90 | 0 | 0.00 | 0.00 |
| Foreign Invest Total | 0 | 0 | 9.73 | 4.90 | 0 | 0.00 | 0.00 |
| Equity | 0 | 0 | 0.00 | 0.00 | 0 | 0.05 | 0.02 |
| General Equity Total | 0 | 0 | 0.00 | 0.00 | 0 | 0.05 | 0.02 |
| BHP Group Ltd. | -598 | 8,768 | 4.19 | 2.11 | 9,366 | 3.99 | 1.95 |
| Glencore plc | -2,372 | 34,781 | 2.78 | 1.40 | 37,153 | 2.58 | 1.26 |
| Kumba Iron Ore Ltd. | -461 | 6,766 | 2.21 | 1.11 | 7,227 | 2.06 | 1.01 |
| Industrial Metals and Mining Total | -3,431 | 50,315 | 9.18 | 4.63 | 53,746 | 8.63 | 4.23 |
| Berkshire Hathaway Inc | 0 | 1,013 | 8.74 | 4.40 | 1,013 | 8.75 | 4.29 |
| Insurance Total | 0 | 1,013 | 8.74 | 4.40 | 1,013 | 8.75 | 4.29 |
| Reinet Investments SCA | -1,813 | 5,349 | 2.70 | 1.36 | 7,162 | 4.12 | 2.02 |
| Remgro Ltd. | -1,661 | 24,356 | 4.11 | 2.07 | 26,017 | 4.10 | 2.01 |
| Investment Banking and Brokerage Services Total | -3,474 | 29,705 | 6.82 | 3.43 | 33,179 | 8.22 | 4.03 |
| Old Mutual Ltd. | -16,165 | 237,051 | 3.16 | 1.59 | 253,216 | 3.04 | 1.49 |
| Life Insurance Total | -16,165 | 237,051 | 3.16 | 1.59 | 253,216 | 3.04 | 1.49 |
| eMedia Holdings Ltd. | 10,219 | 10,219 | 0.02 | 0.01 | 0 | 0.00 | 0.00 |
| Media Total | 10,219 | 10,219 | 0.02 | 0.01 | 0 | 0.00 | 0.00 |
| Sasfin BCI High Grade MM - E | 41,496 | 1,486,257 | 1.49 | 0.75 | 1,444,761 | 1.46 | 0.72 |
| Money Market Total | 41,496 | 1,486,257 | 1.49 | 0.75 | 1,444,761 | 1.46 | 0.72 |
| iShares Core MSCI World UCITS ETF | -924 | 15,420 | 33.57 | 16.90 | 16,344 | 34.19 | 16.75 |
| Offshore Intern Total | -924 | 15,420 | 33.57 | 16.90 | 16,344 | 34.19 | 16.75 |
| Exxaro Resources Ltd. | -1,119 | 16,417 | 2.94 | 1.48 | 17,536 | 2.57 | 1.26 |
| Oil, Gas and Coal Total | -1,119 | 16,417 | 2.94 | 1.48 | 17,536 | 2.57 | 1.26 |
| Dis-Chem Pharmacies Ltd. | 22,359 | 51,204 | 1.67 | 0.84 | 28,845 | 0.94 | 0.46 |
| Personal Care, Drug and Grocery Stores Total | 22,359 | 51,204 | 1.67 | 0.84 | 28,845 | 0.94 | 0.46 |
| Compagnie Financière Richemont SA | -57 | 829 | 2.71 | 1.37 | 886 | 2.95 | 1.45 |
| Personal Goods Total | -57 | 829 | 2.71 | 1.37 | 886 | 2.95 | 1.45 |
| Fortress Real Estate Investments Ltd. | -3,118 | 45,725 | 1.04 | 0.53 | 48,843 | 0.98 | 0.48 |
| NEPI Rockcastle NV | -834 | 12,234 | 1.69 | 0.85 | 13,068 | 1.77 | 0.87 |
| Real Estate Investment and Services Total | -3,952 | 57,959 | 2.73 | 1.38 | 61,911 | 2.75 | 1.35 |
| Attacq Ltd. | -6,619 | 97,066 | 1.33 | 0.67 | 103,685 | 1.46 | 0.71 |
| Growthpoint Properties Ltd. | -9,313 | 136,566 | 2.02 | 1.02 | 145,879 | 1.94 | 0.95 |
| Intu Properties plc | 160,631 | 160,631 | 0.05 | 0.02 | 0 | 0.00 | 0.00 |
| Vukile Property Fund Ltd. | -7,910 | 116,001 | 2.42 | 1.22 | 123,911 | 2.43 | 1.19 |
| Real Estate Investment Trusts Total | 136,789 | 510,264 | 5.82 | 2.93 | 373,475 | 5.82 | 2.85 |
| Naspers Ltd. | -475 | 1,971 | 12.42 | 6.26 | 2,446 | 13.56 | 6.64 |
| Software and Computer Services Total | -475 | 1,971 | 12.42 | 6.26 | 2,446 | 13.56 | 6.64 |
| MTN Group Ltd. | -12,507 | 32,473 | 4.56 | 2.29 | 44,980 | 6.35 | 3.11 |
| Telecommunications Service Providers Total | -12,507 | 32,473 | 4.56 | 2.29 | 44,980 | 6.35 | 3.11 |
| British American Tobacco plc | -788 | 2,838 | 2.58 | 1.30 | 3,626 | 3.10 | 1.52 |
| Tobacco Total | -788 | 2,838 | 2.58 | 1.30 | 3,626 | 3.10 | 1.52 |
| Spur Corporation Ltd. | -3,404 | 49,921 | 1.70 | 0.86 | 53,325 | 1.79 | 0.88 |
| Sun International Ltd. | -2,209 | 32,388 | 1.30 | 0.66 | 34,597 | 1.51 | 0.74 |
| Travel and Leisure Total | -5,613 | 82,309 | 3.01 | 1.51 | 87,922 | 3.29 | 1.61 |
| Portfolio Total | 1,775,841 | 26,042,022 | 198.55 | 100.00 | 24,266,181 | 204.08 | 100.00 |