| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | 0 | 171 | 0.01 | 0.00 | 171 | 0.01 | 0.00 |
| Alternative Energy Total | 0 | 171 | 0.01 | 0.00 | 171 | 0.01 | 0.00 |
| Absa Group Ltd. | 0 | 3,776 | 0.68 | 0.19 | 3,776 | 0.66 | 0.19 |
| Capitec Bank Holdings Ltd. | -22 | 366 | 1.27 | 0.35 | 388 | 1.38 | 0.40 |
| FirstRand Ltd. | -1,430 | 21,623 | 1.68 | 0.46 | 23,053 | 1.76 | 0.51 |
| Investec Ltd. | 0 | 1,125 | 0.14 | 0.04 | 1,125 | 0.15 | 0.04 |
| Investec plc | 0 | 1,713 | 0.22 | 0.06 | 1,713 | 0.23 | 0.07 |
| Nedbank Group Ltd. | 0 | 2,074 | 0.44 | 0.12 | 2,074 | 0.51 | 0.15 |
| Standard Bank Group Ltd. | -258 | 5,766 | 1.36 | 0.38 | 6,024 | 1.37 | 0.40 |
| Banks Total | -1,710 | 36,443 | 5.81 | 1.60 | 38,153 | 6.05 | 1.74 |
| Anheuser-Busch InBev SA/NV | 0 | 429 | 0.44 | 0.12 | 429 | 0.52 | 0.15 |
| Beverages Total | 0 | 429 | 0.44 | 0.12 | 429 | 0.52 | 0.15 |
| SA Bond I2029 | 0 | 1,635,000 | 2.29 | 0.63 | 1,635,000 | 2.25 | 0.65 |
| SA Bond I2031 | 0 | 193,000 | 0.21 | 0.06 | 193,000 | 0.21 | 0.06 |
| SA Bond I2033 | 0 | 1,818,000 | 2.44 | 0.67 | 1,818,000 | 2.35 | 0.68 |
| SA Bond I2038 | 0 | 1,955,000 | 2.83 | 0.78 | 1,955,000 | 2.74 | 0.79 |
| SA Bond I2043 | 0 | 255,000 | 0.28 | 0.08 | 255,000 | 0.28 | 0.08 |
| SA Bond I2046 | 0 | 2,226,999 | 2.76 | 0.76 | 2,226,999 | 2.64 | 0.76 |
| SA Bond I2050 | 0 | 2,434,000 | 3.06 | 0.85 | 2,434,000 | 2.86 | 0.82 |
| SA Bond I2058 | 0 | 185,000 | 0.21 | 0.06 | 185,000 | 0.20 | 0.06 |
| SA Bond R186 | -450,000 | 9,672,000 | 10.29 | 2.84 | 10,122,000 | 10.53 | 3.04 |
| SA Bond R202 | 0 | 768,000 | 2.15 | 0.59 | 768,000 | 2.05 | 0.59 |
| SA Bond R2030 | -20,000 | 10,906,000 | 11.09 | 3.06 | 10,926,000 | 11.11 | 3.20 |
| SA Bond R2032 | 258,000 | 11,021,000 | 10.88 | 3.00 | 10,763,000 | 10.50 | 3.03 |
| SA Bond R2035 | 271,000 | 11,549,000 | 11.44 | 3.16 | 11,278,000 | 10.87 | 3.13 |
| SA Bond R2037 | 334,000 | 10,871,000 | 10.18 | 2.81 | 10,537,000 | 9.54 | 2.75 |
| SA Bond R2040 | 215,000 | 9,489,999 | 8.84 | 2.44 | 9,274,999 | 8.38 | 2.42 |
| SA Bond R2044 | 155,000 | 9,095,000 | 8.06 | 2.23 | 8,940,000 | 7.61 | 2.19 |
| SA Bond R2048 | 279,000 | 13,890,000 | 12.13 | 3.35 | 13,611,000 | 11.35 | 3.27 |
| SA Bond R2053 | 241,000 | 2,717,999 | 3.09 | 0.85 | 2,476,999 | 2.68 | 0.77 |
| SA Bond R209 | 84,000 | 3,329,000 | 2.65 | 0.73 | 3,245,000 | 2.47 | 0.71 |
| SA Bond R210 | 0 | 646,000 | 1.62 | 0.45 | 646,000 | 1.60 | 0.46 |
| SA Bond R213 | 79,000 | 6,966,000 | 6.65 | 1.84 | 6,887,000 | 6.50 | 1.87 |
| SA Bond R214 | 0 | 2,908,000 | 2.12 | 0.59 | 2,908,000 | 2.03 | 0.58 |
| Bond Total | 1,446,000 | 114,530,997 | 115.29 | 31.83 | 113,084,997 | 110.75 | 31.92 |
| iShares Global Government Bond | -6,307 | 0 | 0.00 | 0.00 | 6,307 | 10.40 | 3.00 |
| Bonds Total | -6,307 | 0 | 0.00 | 0.00 | 6,307 | 10.40 | 3.00 |
| Cash on call | 0 | 0 | 1.78 | 0.49 | 0 | 0.35 | 0.10 |
| Cash on call Total | 0 | 0 | 1.78 | 0.49 | 0 | 0.35 | 0.10 |
| Sasol Ltd. | 0 | 5,156 | 0.55 | 0.15 | 5,156 | 0.41 | 0.12 |
| Chemicals Total | 0 | 5,156 | 0.55 | 0.15 | 5,156 | 0.41 | 0.12 |
| Bond Derivative | 0 | 0 | 0.00 | 0.00 | 0 | 1.97 | 0.57 |
| Equity Derivative | 0 | 0 | 2.28 | 0.63 | 0 | 0.00 | 0.00 |
| Derivatives Total | 0 | 0 | 2.28 | 0.63 | 0 | 1.97 | 0.57 |
| Vanguard Total Stock Market Index Fund ETF | -11,602 | 0 | 0.00 | 0.00 | 11,602 | 26.40 | 7.61 |
| Vanguard Total World Stock ETF | 11,279 | 11,279 | 26.78 | 7.39 | 0 | 0.00 | 0.00 |
| Equities Total | -323 | 11,279 | 26.78 | 7.39 | 11,602 | 26.40 | 7.61 |
| 10X S&P Global Property | 27,483 | 233,186 | 11.06 | 3.05 | 205,703 | 9.46 | 2.73 |
| 1NVEST ICE US Treasury Short Bond Index Feeder ETF | 0 | 385,923 | 6.75 | 1.86 | 385,923 | 6.87 | 1.98 |
| Exchange Traded Funds Total | 27,483 | 619,109 | 17.81 | 4.92 | 591,626 | 16.33 | 4.71 |
| AVI Ltd. | 0 | 1,581 | 0.16 | 0.04 | 1,581 | 0.15 | 0.04 |
| Tiger Brands Ltd. | 0 | 672 | 0.21 | 0.06 | 672 | 0.22 | 0.06 |
| Food Producers Total | 0 | 2,253 | 0.36 | 0.10 | 2,253 | 0.37 | 0.11 |
| USA - Currency | 0 | 0 | 0.20 | 0.06 | 0 | 0.22 | 0.06 |
| For Currency Total | 0 | 0 | 0.20 | 0.06 | 0 | 0.22 | 0.06 |
| Select BCI Enhanced Core Equity - B | 329,790 | 20,606,555 | 31.07 | 8.58 | 20,276,765 | 29.07 | 8.38 |
| Unit Trusts - Equity | 0 | 0 | 0.13 | 0.04 | 0 | 0.00 | 0.00 |
| General Equity Total | 329,790 | 20,606,555 | 31.19 | 8.61 | 20,276,765 | 29.07 | 8.38 |
| Mondi plc | 0 | 863 | 0.20 | 0.06 | 863 | 0.25 | 0.07 |
| The Bidvest Group Ltd. | 0 | 3,005 | 0.63 | 0.18 | 3,005 | 0.71 | 0.20 |
| General Industrials Total | 0 | 3,868 | 0.84 | 0.23 | 3,868 | 0.96 | 0.28 |
| Life Healthcare Group Holdings Ltd. | 0 | 6,505 | 0.08 | 0.02 | 6,505 | 0.09 | 0.03 |
| Netcare Ltd. | 0 | 6,691 | 0.10 | 0.03 | 6,691 | 0.09 | 0.03 |
| Health Care Providers Total | 0 | 13,196 | 0.17 | 0.05 | 13,196 | 0.19 | 0.05 |
| Select BCI Interest Plus - A | 1,298,441 | 66,632,599 | 67.17 | 18.54 | 65,334,158 | 65.79 | 18.96 |
| Income Total | 1,298,441 | 66,632,599 | 67.17 | 18.54 | 65,334,158 | 65.79 | 18.96 |
| Sappi Ltd. | -3,478 | 0 | 0.00 | 0.00 | 3,478 | 0.10 | 0.03 |
| Industrial Materials Total | -3,478 | 0 | 0.00 | 0.00 | 3,478 | 0.10 | 0.03 |
| African Rainbow Minerals Ltd. | 0 | 534 | 0.10 | 0.03 | 534 | 0.09 | 0.03 |
| Anglo American plc | -113 | 1,406 | 0.91 | 0.25 | 1,519 | 0.79 | 0.23 |
| BHP Group Ltd. | 0 | 758 | 0.36 | 0.10 | 758 | 0.32 | 0.09 |
| Glencore plc | 3,767 | 3,767 | 0.30 | 0.08 | 0 | 0.00 | 0.00 |
| Kumba Iron Ore Ltd. | 226 | 226 | 0.07 | 0.02 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 3,880 | 6,691 | 1.74 | 0.48 | 2,811 | 1.21 | 0.35 |
| Select BCI Enhanced Core Global Equity FoF - B | 165,124 | 22,656,285 | 38.51 | 10.63 | 22,491,161 | 36.98 | 10.66 |
| International Total | 165,124 | 22,656,285 | 38.51 | 10.63 | 22,491,161 | 36.98 | 10.66 |
| Ninety One Ltd. | 0 | 768 | 0.03 | 0.01 | 768 | 0.03 | 0.01 |
| Ninety One plc | 0 | 726 | 0.03 | 0.01 | 726 | 0.03 | 0.01 |
| PSG Financial Services Ltd. | 4,062 | 4,062 | 0.09 | 0.03 | 0 | 0.00 | 0.00 |
| Quilter plc | 0 | 4,168 | 0.16 | 0.04 | 4,168 | 0.16 | 0.05 |
| Reinet Investments SCA | 0 | 1,178 | 0.60 | 0.16 | 1,178 | 0.68 | 0.20 |
| Remgro Ltd. | 0 | 4,444 | 0.75 | 0.21 | 4,444 | 0.70 | 0.20 |
| Investment Banking and Brokerage Services Total | 4,062 | 15,346 | 1.67 | 0.46 | 11,284 | 1.60 | 0.46 |
| Discovery Ltd. | 0 | 2,431 | 0.48 | 0.13 | 2,431 | 0.52 | 0.15 |
| Momentum Group Ltd. | 0 | 5,510 | 0.18 | 0.05 | 5,510 | 0.19 | 0.05 |
| Old Mutual Ltd. | 0 | 38,036 | 0.51 | 0.14 | 38,036 | 0.46 | 0.13 |
| Sanlam Ltd. | 0 | 8,154 | 0.68 | 0.19 | 8,154 | 0.72 | 0.21 |
| Life Insurance Total | 0 | 54,131 | 1.85 | 0.51 | 54,131 | 1.89 | 0.55 |
| eMedia Holdings Ltd. | 1,864 | 1,864 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Media Total | 1,864 | 1,864 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| BCI Money Market - B | -939,435 | 6,005,218 | 6.04 | 1.67 | 6,944,653 | 7.02 | 2.02 |
| Money Market Total | -939,435 | 6,005,218 | 6.04 | 1.67 | 6,944,653 | 7.02 | 2.02 |
| OUTsurance Group Ltd. | 0 | 7,471 | 0.53 | 0.15 | 7,471 | 0.59 | 0.17 |
| Santam Ltd. | 0 | 204 | 0.08 | 0.02 | 204 | 0.09 | 0.03 |
| Non-life Insurance Total | 0 | 7,675 | 0.61 | 0.17 | 7,675 | 0.67 | 0.19 |
| iShares Global Govt Bond UCITS ETF | 6,307 | 6,307 | 9.98 | 2.75 | 0 | 0.00 | 0.00 |
| Offshore Intern Total | 6,307 | 6,307 | 9.98 | 2.75 | 0 | 0.00 | 0.00 |
| Exxaro Resources Ltd. | 0 | 1,038 | 0.19 | 0.05 | 1,038 | 0.15 | 0.04 |
| Oil, Gas and Coal Total | 0 | 1,038 | 0.19 | 0.05 | 1,038 | 0.15 | 0.04 |
| Bid Corporation Ltd. | 0 | 1,516 | 0.65 | 0.18 | 1,516 | 0.72 | 0.21 |
| Boxer Retail Ltd. | 0 | 923 | 0.06 | 0.02 | 923 | 0.06 | 0.02 |
| Clicks Group Ltd. | 0 | 2,107 | 0.75 | 0.21 | 2,107 | 0.78 | 0.23 |
| Dis-Chem Pharmacies Ltd. | 0 | 2,754 | 0.09 | 0.02 | 2,754 | 0.09 | 0.03 |
| Shoprite Holdings Ltd. | 0 | 2,183 | 0.60 | 0.17 | 2,183 | 0.61 | 0.18 |
| The SPAR Group Ltd. | 0 | 898 | 0.09 | 0.02 | 898 | 0.10 | 0.03 |
| Personal Care, Drug and Grocery Stores Total | 0 | 10,381 | 2.24 | 0.62 | 10,381 | 2.36 | 0.68 |
| Compagnie Financière Richemont SA | -23 | 207 | 0.68 | 0.19 | 230 | 0.77 | 0.22 |
| Personal Goods Total | -23 | 207 | 0.68 | 0.19 | 230 | 0.77 | 0.22 |
| Aspen Pharmacare Holdings Ltd. | -1,810 | 1,616 | 0.16 | 0.04 | 3,426 | 0.41 | 0.12 |
| Pharmaceuticals and Biotechnology Total | -1,810 | 1,616 | 0.16 | 0.04 | 3,426 | 0.41 | 0.12 |
| AngloGold Ashanti plc | -142 | 1,504 | 1.79 | 0.49 | 1,646 | 1.31 | 0.38 |
| Gold Fields Ltd. | -269 | 3,747 | 2.69 | 0.74 | 4,016 | 1.67 | 0.48 |
| Harmony Gold Mining Company Ltd. | -208 | 2,321 | 0.71 | 0.20 | 2,529 | 0.61 | 0.18 |
| Impala Platinum Holdings Ltd. | -425 | 6,701 | 1.46 | 0.40 | 7,126 | 1.14 | 0.33 |
| Northam Platinum Holdings Ltd. | 0 | 3,181 | 0.89 | 0.25 | 3,181 | 0.62 | 0.18 |
| Pan African Resources plc | 6,946 | 6,946 | 0.14 | 0.04 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | -1,385 | 23,450 | 1.15 | 0.32 | 24,835 | 0.80 | 0.23 |
| Valterra Platinum Ltd. | 383 | 960 | 1.16 | 0.32 | 577 | 0.46 | 0.13 |
| Precious Metals and Mining Total | 4,900 | 48,810 | 9.99 | 2.76 | 43,910 | 6.60 | 1.90 |
| Fortress Real Estate Investments Ltd. | 0 | 31,505 | 0.72 | 0.20 | 31,505 | 0.63 | 0.18 |
| Lighthouse Properties plc | 0 | 27,220 | 0.21 | 0.06 | 27,220 | 0.22 | 0.06 |
| MAS plc | 0 | 12,516 | 0.27 | 0.07 | 12,516 | 0.31 | 0.09 |
| NEPI Rockcastle NV | 0 | 21,031 | 2.90 | 0.80 | 21,031 | 2.85 | 0.82 |
| Real Estate Investment and Services Total | 0 | 92,272 | 4.10 | 1.13 | 92,272 | 4.00 | 1.15 |
| Attacq Ltd. | 0 | 18,431 | 0.25 | 0.07 | 18,431 | 0.26 | 0.07 |
| Burstone Group Ltd. | -15,716 | 0 | 0.00 | 0.00 | 15,716 | 0.13 | 0.04 |
| Emira Property Fund Ltd. | 0 | 5,633 | 0.07 | 0.02 | 5,633 | 0.06 | 0.02 |
| Equites Property Fund Ltd. | 0 | 21,416 | 0.34 | 0.09 | 21,416 | 0.32 | 0.09 |
| Fairvest Ltd. | 0 | 42,478 | 0.23 | 0.06 | 42,478 | 0.22 | 0.06 |
| Growthpoint Properties Ltd. | 0 | 118,924 | 1.76 | 0.48 | 118,924 | 1.58 | 0.45 |
| Hyprop Investments Ltd. | 0 | 10,043 | 0.47 | 0.13 | 10,043 | 0.43 | 0.12 |
| Redefine Properties Ltd. | 0 | 212,204 | 1.05 | 0.29 | 212,204 | 0.96 | 0.28 |
| Resilient REIT Ltd. | 0 | 7,909 | 0.50 | 0.14 | 7,909 | 0.48 | 0.14 |
| SA Corporate Real Estate Ltd. | 0 | 65,236 | 0.20 | 0.06 | 65,236 | 0.20 | 0.06 |
| Shaftesbury Capital plc | 0 | 1,068 | 0.04 | 0.01 | 1,068 | 0.04 | 0.01 |
| Sirius Real Estate Ltd. | 0 | 12,718 | 0.29 | 0.08 | 12,718 | 0.31 | 0.09 |
| Stor-Age Property REIT Ltd. | 0 | 10,387 | 0.16 | 0.04 | 10,387 | 0.17 | 0.05 |
| Vukile Property Fund Ltd. | 0 | 32,096 | 0.67 | 0.18 | 32,096 | 0.63 | 0.18 |
| Real Estate Investment Trusts Total | -15,716 | 558,543 | 6.03 | 1.67 | 574,259 | 5.79 | 1.67 |
| Mr Price Group Ltd. | 0 | 2,227 | 0.46 | 0.13 | 2,227 | 0.49 | 0.14 |
| Pepkor Holdings Ltd. | 8,286 | 31,608 | 0.77 | 0.21 | 23,322 | 0.64 | 0.18 |
| The Foschini Group Ltd. | 0 | 1,619 | 0.18 | 0.05 | 1,619 | 0.21 | 0.06 |
| Truworths International Ltd. | 0 | 1,822 | 0.10 | 0.03 | 1,822 | 0.13 | 0.04 |
| Woolworths Holdings Ltd. | 0 | 7,959 | 0.40 | 0.11 | 7,959 | 0.41 | 0.12 |
| Retailers Total | 8,286 | 45,235 | 1.90 | 0.53 | 36,949 | 1.88 | 0.54 |
| Bytes Technology Group plc | 0 | 322 | 0.03 | 0.01 | 322 | 0.04 | 0.01 |
| Naspers Ltd. | -31 | 413 | 2.60 | 0.72 | 444 | 2.46 | 0.71 |
| Prosus NV | -83 | 728 | 0.89 | 0.25 | 811 | 0.80 | 0.23 |
| Software and Computer Services Total | -114 | 1,463 | 3.52 | 0.97 | 1,577 | 3.30 | 0.95 |
| MTN Group Ltd. | -503 | 7,723 | 1.08 | 0.30 | 8,226 | 1.16 | 0.33 |
| MultiChoice Group Ltd. | 0 | 1,024 | 0.13 | 0.04 | 1,024 | 0.12 | 0.03 |
| Vodacom Group Ltd. | 0 | 2,713 | 0.36 | 0.10 | 2,713 | 0.37 | 0.11 |
| Telecommunications Service Providers Total | -503 | 11,460 | 1.57 | 0.43 | 11,963 | 1.65 | 0.48 |
| British American Tobacco plc | -114 | 846 | 0.77 | 0.21 | 960 | 0.82 | 0.24 |
| Tobacco Total | -114 | 846 | 0.77 | 0.21 | 960 | 0.82 | 0.24 |
| Portfolio Total | 2,326,604 | 231,987,443 | 362.21 | 100.00 | 229,660,839 | 347.00 | 100.00 |