| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -986 | 24,446 | 4.30 | 2.10 | 25,432 | 4.49 | 2.13 |
| FirstRand Ltd. | -9,194 | 53,807 | 4.10 | 2.01 | 63,001 | 4.53 | 2.15 |
| Standard Bank Group Ltd. | -714 | 17,643 | 4.02 | 1.97 | 18,357 | 4.41 | 2.09 |
| Banks Total | -10,894 | 95,896 | 12.41 | 6.08 | 106,790 | 13.43 | 6.38 |
| Anheuser-Busch InBev SA/NV | -465 | 1,630 | 1.99 | 0.97 | 2,095 | 2.37 | 1.12 |
| Beverages Total | -465 | 1,630 | 1.99 | 0.97 | 2,095 | 2.37 | 1.12 |
| SA Bond BNDS | 0 | 0 | 20.72 | 10.15 | 0 | 20.72 | 9.84 |
| SA Bond R2037 | 2,375,000 | 8,915,000 | 8.07 | 3.96 | 6,540,000 | 5.53 | 2.63 |
| SA Bond R2040 | 1,194,521 | 6,544,521 | 5.91 | 2.90 | 5,350,000 | 4.50 | 2.14 |
| SA Bond R2044 | 0 | 1,585,000 | 1.35 | 0.66 | 1,585,000 | 1.26 | 0.60 |
| SA Bond R2048 | 0 | 2,370,000 | 1.98 | 0.97 | 2,370,000 | 1.85 | 0.88 |
| SA Bond R214 | 0 | 1,800,000 | 1.26 | 0.62 | 1,800,000 | 1.17 | 0.56 |
| Bond Total | 3,569,521 | 21,214,521 | 39.29 | 19.25 | 17,645,000 | 35.04 | 16.64 |
| iShares 7-10 Year Treasury Bond ETF | 0 | 6,187 | 10.49 | 5.14 | 6,187 | 10.82 | 5.14 |
| iShares USD Treasury Bond 3-7yr UCITS ETF | -238 | 4,712 | 9.96 | 4.88 | 4,950 | 10.74 | 5.10 |
| Bonds Total | -238 | 10,899 | 20.45 | 10.02 | 11,137 | 21.55 | 10.24 |
| Cash on call | 0 | 0 | 1.58 | 0.78 | 0 | 3.32 | 1.58 |
| Margin Account | 0 | 0 | 0.00 | 0.00 | 0 | 0.01 | 0.00 |
| Cash on call Total | 0 | 0 | 1.58 | 0.78 | 0 | 3.33 | 1.58 |
| Sasol Ltd. | -617 | 15,148 | 1.22 | 0.60 | 15,765 | 1.20 | 0.57 |
| Chemicals Total | -617 | 15,148 | 1.22 | 0.60 | 15,765 | 1.20 | 0.57 |
| PPC Ltd. | -10,925 | 270,122 | 1.40 | 0.69 | 281,047 | 1.31 | 0.62 |
| Wilson Bayly Holmes - Ovcon Ltd. | -2,171 | 13,808 | 2.54 | 1.25 | 15,979 | 2.92 | 1.39 |
| Construction and Materials Total | -13,096 | 283,930 | 3.94 | 1.93 | 297,026 | 4.23 | 2.01 |
| Reunert Ltd. | 13,884 | 54,317 | 3.18 | 1.56 | 40,433 | 2.49 | 1.18 |
| Electronic and Electrical Equipment Total | 13,884 | 54,317 | 3.18 | 1.56 | 40,433 | 2.49 | 1.18 |
| iShares MSCI Europe Index Fund | 6,217 | 6,217 | 4.40 | 2.16 | 0 | 0.00 | 0.00 |
| iShares Taiwan FTSE XINHUA China 25 ETF | 2,401 | 2,401 | 4.47 | 2.19 | 0 | 0.00 | 0.00 |
| Sasfin Global Equity Fund A | -83,492 | 157,336 | 4.92 | 2.41 | 240,828 | 7.33 | 3.48 |
| Equities Total | -74,874 | 165,954 | 13.79 | 6.76 | 240,828 | 7.33 | 3.48 |
| United Kingdom - Currency | 0 | 0 | 0.14 | 0.07 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 0.41 | 0.20 | 0 | 0.38 | 0.18 |
| For Currency Total | 0 | 0 | 0.55 | 0.27 | 0 | 0.38 | 0.18 |
| Equity | 0 | 0 | 0.05 | 0.02 | 0 | 0.05 | 0.02 |
| General Equity Total | 0 | 0 | 0.05 | 0.02 | 0 | 0.05 | 0.02 |
| BHP Group Ltd. | -374 | 9,366 | 3.99 | 1.95 | 9,740 | 4.26 | 2.02 |
| Glencore plc | -1,495 | 37,153 | 2.58 | 1.26 | 38,648 | 2.59 | 1.23 |
| Kumba Iron Ore Ltd. | -290 | 7,227 | 2.06 | 1.01 | 7,517 | 2.35 | 1.11 |
| Industrial Metals and Mining Total | -2,159 | 53,746 | 8.63 | 4.23 | 55,905 | 9.19 | 4.36 |
| Berkshire Hathaway Inc | 0 | 1,013 | 8.75 | 4.29 | 1,013 | 9.80 | 4.66 |
| Insurance Total | 0 | 1,013 | 8.75 | 4.29 | 1,013 | 9.80 | 4.66 |
| Reinet Investments SCA | -291 | 7,162 | 4.12 | 2.02 | 7,453 | 3.34 | 1.59 |
| Remgro Ltd. | -1,050 | 26,017 | 4.10 | 2.01 | 27,067 | 4.21 | 2.00 |
| Investment Banking and Brokerage Services Total | -1,341 | 33,179 | 8.22 | 4.03 | 34,520 | 7.55 | 3.59 |
| Old Mutual Ltd. | -10,213 | 253,216 | 3.04 | 1.49 | 263,429 | 3.15 | 1.49 |
| Life Insurance Total | -10,213 | 253,216 | 3.04 | 1.49 | 263,429 | 3.15 | 1.49 |
| Sasfin BCI High Grade MM - E | -3,866,167 | 1,444,761 | 1.46 | 0.72 | 5,310,928 | 5.34 | 2.54 |
| Money Market Total | -3,866,167 | 1,444,761 | 1.46 | 0.72 | 5,310,928 | 5.34 | 2.54 |
| iShares Core MSCI World UCITS ETF | -6,020 | 16,344 | 34.19 | 16.75 | 22,364 | 43.00 | 20.42 |
| Offshore Intern Total | -6,020 | 16,344 | 34.19 | 16.75 | 22,364 | 43.00 | 20.42 |
| Exxaro Resources Ltd. | -704 | 17,536 | 2.57 | 1.26 | 18,240 | 2.72 | 1.29 |
| Oil, Gas and Coal Total | -704 | 17,536 | 2.57 | 1.26 | 18,240 | 2.72 | 1.29 |
| Dis-Chem Pharmacies Ltd. | 28,845 | 28,845 | 0.94 | 0.46 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 28,845 | 28,845 | 0.94 | 0.46 | 0 | 0.00 | 0.00 |
| Compagnie Financière Richemont SA | -36 | 886 | 2.95 | 1.45 | 922 | 2.94 | 1.40 |
| Personal Goods Total | -36 | 886 | 2.95 | 1.45 | 922 | 2.94 | 1.40 |
| Fortress Real Estate Investments Ltd. | -1,951 | 48,843 | 0.98 | 0.48 | 50,794 | 0.96 | 0.46 |
| NEPI Rockcastle NV | -2,341 | 13,068 | 1.77 | 0.87 | 15,409 | 2.04 | 0.97 |
| Real Estate Investment and Services Total | -4,292 | 61,911 | 2.75 | 1.35 | 66,203 | 3.00 | 1.43 |
| Attacq Ltd. | -22,156 | 103,685 | 1.46 | 0.71 | 125,841 | 1.64 | 0.78 |
| Growthpoint Properties Ltd. | -5,875 | 145,879 | 1.94 | 0.95 | 151,754 | 1.97 | 0.93 |
| Vukile Property Fund Ltd. | -4,971 | 123,911 | 2.43 | 1.19 | 128,882 | 2.24 | 1.06 |
| Real Estate Investment Trusts Total | -33,002 | 373,475 | 5.82 | 2.85 | 406,477 | 5.84 | 2.77 |
| Naspers Ltd. | -423 | 2,446 | 13.56 | 6.64 | 2,869 | 13.03 | 6.19 |
| Software and Computer Services Total | -423 | 2,446 | 13.56 | 6.64 | 2,869 | 13.03 | 6.19 |
| MTN Group Ltd. | -7,138 | 44,980 | 6.35 | 3.11 | 52,118 | 6.46 | 3.07 |
| Telecommunications Service Providers Total | -7,138 | 44,980 | 6.35 | 3.11 | 52,118 | 6.46 | 3.07 |
| British American Tobacco plc | -772 | 3,626 | 3.10 | 1.52 | 4,398 | 3.36 | 1.60 |
| Tobacco Total | -772 | 3,626 | 3.10 | 1.52 | 4,398 | 3.36 | 1.60 |
| Spur Corporation Ltd. | -16,393 | 53,325 | 1.79 | 0.88 | 69,718 | 2.27 | 1.08 |
| Sun International Ltd. | -1,373 | 34,597 | 1.51 | 0.74 | 35,970 | 1.49 | 0.71 |
| Travel and Leisure Total | -17,766 | 87,922 | 3.29 | 1.61 | 105,688 | 3.76 | 1.79 |
| Portfolio Total | -437,967 | 24,266,181 | 204.08 | 100.00 | 24,704,148 | 210.55 | 100.00 |