| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Capitec Bank Holdings Ltd. | 147 | 734 | 2.26 | 2.21 | 587 | 1.84 | 2.43 |
| FirstRand Ltd. | 12,990 | 37,110 | 2.67 | 2.60 | 24,120 | 1.83 | 2.42 |
| Standard Bank Group Ltd. | 157 | 10,897 | 2.62 | 2.55 | 10,740 | 2.38 | 3.15 |
| Nu Holdings Ltd | 3,830 | 3,830 | 0.73 | 0.71 | 0 | 0.00 | 0.00 |
| Banks Total | 17,124 | 52,571 | 8.28 | 8.07 | 35,447 | 6.05 | 8.01 |
| Anheuser-Busch InBev SA/NV | 0 | 1,713 | 1.93 | 1.89 | 1,713 | 1.61 | 2.13 |
| Beverages Total | 0 | 1,713 | 1.93 | 1.89 | 1,713 | 1.61 | 2.13 |
| Cash on call | 0 | 0 | 19.96 | 19.47 | 0 | 16.02 | 21.20 |
| Cash on call Total | 0 | 0 | 19.96 | 19.47 | 0 | 16.02 | 21.20 |
| Thermo Fisher Scientific Inc | 26 | 26 | 0.24 | 0.23 | 0 | 0.00 | 0.00 |
| Chemicals Total | 26 | 26 | 0.24 | 0.23 | 0 | 0.00 | 0.00 |
| Alphabet Inc C | 187 | 227 | 0.65 | 0.64 | 40 | 0.15 | 0.19 |
| Cyclical Goods & Services Total | 187 | 227 | 0.65 | 0.64 | 40 | 0.15 | 0.19 |
| Sygnia Itrix MSCI USA Index ETF | 3,429 | 3,429 | 0.33 | 0.32 | 0 | 0.00 | 0.00 |
| Sygnia Itrix MSCI World Index ETF | 5,143 | 5,143 | 0.35 | 0.34 | 0 | 0.00 | 0.00 |
| Exchange Traded Funds Total | 8,572 | 8,572 | 0.67 | 0.66 | 0 | 0.00 | 0.00 |
| Yum China Holdings Inc | 0 | 60 | 0.06 | 0.06 | 60 | 0.05 | 0.07 |
| Food & Beverage Total | 0 | 60 | 0.06 | 0.06 | 60 | 0.05 | 0.07 |
| USA - Currency | 0 | 0 | 0.10 | 0.10 | 0 | -1.21 | -1.60 |
| For Currency Total | 0 | 0 | 0.10 | 0.10 | 0 | -1.21 | -1.60 |
| Foreign - Equities | 0 | 0 | 0.35 | 0.34 | 0 | 0.00 | 0.00 |
| Foreign Invest Total | 0 | 0 | 0.35 | 0.34 | 0 | 0.00 | 0.00 |
| SPW Equity - B1 | 772 | 80,255 | 2.52 | 2.46 | 79,483 | 2.41 | 3.19 |
| General Equity Total | 772 | 80,255 | 2.52 | 2.46 | 79,483 | 2.41 | 3.19 |
| Mondi plc | 650 | 5,890 | 1.60 | 1.56 | 5,240 | 1.45 | 1.92 |
| The Bidvest Group Ltd. | 7,695 | 16,485 | 3.88 | 3.78 | 8,790 | 2.32 | 3.07 |
| General Industrials Total | 8,345 | 22,375 | 5.48 | 5.35 | 14,030 | 3.77 | 4.99 |
| Procter & Gamble Company | 0 | 56 | 0.17 | 0.17 | 56 | 0.18 | 0.23 |
| Goods & Services Total | 0 | 56 | 0.17 | 0.17 | 56 | 0.18 | 0.23 |
| Afrimat Ltd. | 20,250 | 44,264 | 2.58 | 2.52 | 24,014 | 1.70 | 2.25 |
| Anglo American plc | 265 | 8,574 | 4.42 | 4.31 | 8,309 | 4.59 | 6.07 |
| BHP Group Ltd. | 54 | 3,954 | 1.73 | 1.69 | 3,900 | 1.80 | 2.38 |
| Glencore plc | 23,250 | 52,325 | 3.50 | 3.42 | 29,075 | 2.43 | 3.21 |
| Industrial Metals and Mining Total | 43,819 | 109,117 | 12.23 | 11.93 | 65,298 | 10.51 | 13.91 |
| Berkshire Hathaway Inc | 0 | 111 | 1.07 | 1.05 | 111 | 0.95 | 1.25 |
| Insurance Total | 0 | 111 | 1.07 | 1.05 | 111 | 0.95 | 1.25 |
| JSE Ltd. | 1,500 | 17,186 | 2.14 | 2.08 | 15,686 | 1.89 | 2.51 |
| Reinet Investments SCA | 2,620 | 7,070 | 3.17 | 3.09 | 4,450 | 1.99 | 2.63 |
| Remgro Ltd. | 4,854 | 14,322 | 2.23 | 2.17 | 9,468 | 1.47 | 1.94 |
| Investment Banking and Brokerage Services Total | 8,974 | 38,578 | 7.54 | 7.35 | 29,604 | 5.35 | 7.08 |
| OUTsurance Group Ltd. | 2,400 | 20,130 | 1.41 | 1.37 | 17,730 | 1.18 | 1.56 |
| Non-life Insurance Total | 2,400 | 20,130 | 1.41 | 1.37 | 17,730 | 1.18 | 1.56 |
| Bid Corporation Ltd. | 1,762 | 8,217 | 3.61 | 3.52 | 6,455 | 2.78 | 3.68 |
| Boxer Retail Ltd. | 0 | 20,374 | 1.43 | 1.40 | 20,374 | 1.31 | 1.74 |
| Clicks Group Ltd. | 6,770 | 6,770 | 2.28 | 2.23 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | 4,411 | 10,297 | 2.79 | 2.72 | 5,886 | 1.73 | 2.29 |
| Personal Care, Drug and Grocery Stores Total | 12,943 | 45,658 | 10.12 | 9.87 | 32,715 | 5.82 | 7.71 |
| Compagnie Financière Richemont SA | 80 | 1,426 | 4.55 | 4.44 | 1,346 | 3.74 | 4.94 |
| Personal Goods Total | 80 | 1,426 | 4.55 | 4.44 | 1,346 | 3.74 | 4.94 |
| Aspen Pharmacare Holdings Ltd. | 3,136 | 18,372 | 2.99 | 2.91 | 15,236 | 2.51 | 3.32 |
| Pharmaceuticals and Biotechnology Total | 3,136 | 18,372 | 2.99 | 2.91 | 15,236 | 2.51 | 3.32 |
| Gold Fields Ltd. | -3,550 | 5,000 | 2.08 | 2.03 | 8,550 | 2.11 | 2.80 |
| Northam Platinum Holdings Ltd. | 17,700 | 17,700 | 2.37 | 2.31 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 14,150 | 22,700 | 4.45 | 4.34 | 8,550 | 2.11 | 2.80 |
| Pepkor Holdings Ltd. | 0 | 58,008 | 1.49 | 1.45 | 58,008 | 1.68 | 2.22 |
| Retailers Total | 0 | 58,008 | 1.49 | 1.45 | 58,008 | 1.68 | 2.22 |
| Naspers Ltd. | 136 | 1,153 | 5.24 | 5.11 | 1,017 | 4.24 | 5.62 |
| Prosus NV | 710 | 6,701 | 5.64 | 5.50 | 5,991 | 4.49 | 5.94 |
| Software and Computer Services Total | 846 | 7,854 | 10.88 | 10.61 | 7,008 | 8.73 | 11.55 |
| Amazon.Com | 136 | 136 | 0.48 | 0.47 | 0 | 0.00 | 0.00 |
| Microsoft Corporation | 51 | 51 | 0.36 | 0.35 | 0 | 0.00 | 0.00 |
| Technology Total | 187 | 187 | 0.84 | 0.82 | 0 | 0.00 | 0.00 |
| British American Tobacco plc | 200 | 5,951 | 4.55 | 4.44 | 5,751 | 3.97 | 5.25 |
| Tobacco Total | 200 | 5,951 | 4.55 | 4.44 | 5,751 | 3.97 | 5.25 |
| Portfolio Total | 121,761 | 493,947 | 102.53 | 100.00 | 372,186 | 75.58 | 100.00 |