| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -280 | 6,098 | 1.46 | 5.52 | 6,378 | 1.53 | 5.64 |
| Capitec Bank Holdings Ltd. | -66 | 86 | 0.35 | 1.33 | 152 | 0.63 | 2.34 |
| FirstRand Ltd. | 3,576 | 11,190 | 0.99 | 3.73 | 7,614 | 0.69 | 2.55 |
| Investec Ltd. | -95 | 2,278 | 0.29 | 1.10 | 2,373 | 0.29 | 1.07 |
| Investec plc | 0 | 3,342 | 0.43 | 1.63 | 3,342 | 0.41 | 1.51 |
| Standard Bank Group Ltd. | -13 | 7,101 | 2.14 | 8.10 | 7,114 | 2.07 | 7.64 |
| Banks Total | 3,122 | 30,095 | 5.66 | 21.42 | 26,973 | 5.61 | 20.75 |
| Cash on call | 0 | 0 | 0.16 | 0.59 | 0 | 0.04 | 0.14 |
| Margin Account | 0 | 0 | 0.00 | 0.01 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 0.16 | 0.60 | 0 | 0.04 | 0.14 |
| AECI Ltd. | 0 | 1,035 | 0.12 | 0.46 | 1,035 | 0.09 | 0.34 |
| Omnia Holdings Ltd. | 0 | 1,474 | 0.14 | 0.53 | 1,474 | 0.12 | 0.43 |
| Sasol Ltd. | -3,089 | 123 | 0.03 | 0.10 | 3,212 | 0.34 | 1.26 |
| Chemicals Total | -3,089 | 2,632 | 0.29 | 1.09 | 5,721 | 0.55 | 2.03 |
| AVI Ltd. | 1,290 | 3,180 | 0.33 | 1.25 | 1,890 | 0.20 | 0.74 |
| Tiger Brands Ltd. | -18 | 1,459 | 0.44 | 1.66 | 1,477 | 0.54 | 2.00 |
| Food Producers Total | 1,272 | 4,639 | 0.77 | 2.91 | 3,367 | 0.74 | 2.74 |
| Life Healthcare Group Holdings Ltd. | 0 | 13,324 | 0.15 | 0.58 | 13,324 | 0.15 | 0.56 |
| Netcare Ltd. | 4,484 | 12,799 | 0.21 | 0.80 | 8,315 | 0.13 | 0.49 |
| Health Care Providers Total | 4,484 | 26,123 | 0.36 | 1.38 | 21,639 | 0.28 | 1.05 |
| Anglo American plc | -7 | 36 | 0.03 | 0.10 | 43 | 0.03 | 0.11 |
| BHP Group Ltd. | -465 | 0 | 0.00 | 0.00 | 465 | 0.24 | 0.87 |
| Glencore plc | 3,949 | 9,290 | 1.19 | 4.49 | 5,341 | 0.49 | 1.80 |
| Kumba Iron Ore Ltd. | 328 | 516 | 0.16 | 0.62 | 188 | 0.07 | 0.24 |
| Industrial Metals and Mining Total | 3,805 | 9,842 | 1.38 | 5.21 | 6,037 | 0.82 | 3.02 |
| Coronation Fund Managers Ltd. | -11 | 2,586 | 0.11 | 0.43 | 2,597 | 0.12 | 0.45 |
| JSE Ltd. | 0 | 761 | 0.12 | 0.46 | 761 | 0.11 | 0.40 |
| Ninety One Ltd. | 0 | 2,123 | 0.11 | 0.41 | 2,123 | 0.10 | 0.38 |
| Reinet Investments SCA | -230 | 0 | 0.00 | 0.00 | 230 | 0.13 | 0.49 |
| Investment Banking and Brokerage Services Total | -241 | 5,470 | 0.34 | 1.29 | 5,711 | 0.47 | 1.72 |
| Momentum Group Ltd. | -109 | 11,966 | 0.43 | 1.63 | 12,075 | 0.46 | 1.71 |
| Old Mutual Ltd. | 0 | 39,747 | 0.55 | 2.08 | 39,747 | 0.59 | 2.19 |
| Sanlam Ltd. | 1,357 | 7,359 | 0.64 | 2.44 | 6,002 | 0.59 | 2.19 |
| Life Insurance Total | 1,248 | 59,072 | 1.62 | 6.15 | 57,824 | 1.65 | 6.08 |
| OUTsurance Group Ltd. | 0 | 8,312 | 0.58 | 2.19 | 8,312 | 0.60 | 2.20 |
| Santam Ltd. | 0 | 388 | 0.15 | 0.57 | 388 | 0.17 | 0.61 |
| Non-life Insurance Total | 0 | 8,700 | 0.73 | 2.76 | 8,700 | 0.76 | 2.81 |
| Exxaro Resources Ltd. | 0 | 2,239 | 0.50 | 1.89 | 2,239 | 0.40 | 1.48 |
| Oil, Gas and Coal Total | 0 | 2,239 | 0.50 | 1.89 | 2,239 | 0.40 | 1.48 |
| Clicks Group Ltd. | -84 | 1,802 | 0.52 | 1.97 | 1,886 | 0.63 | 2.35 |
| Pick n Pay Stores Ltd. | -655 | 4,519 | 0.09 | 0.33 | 5,174 | 0.13 | 0.48 |
| Personal Care, Drug and Grocery Stores Total | -739 | 6,321 | 0.61 | 2.30 | 7,060 | 0.76 | 2.82 |
| Compagnie Financière Richemont SA | -49 | 95 | 0.28 | 1.06 | 144 | 0.52 | 1.93 |
| Personal Goods Total | -49 | 95 | 0.28 | 1.06 | 144 | 0.52 | 1.93 |
| AngloGold Ashanti plc | -344 | 1,206 | 1.93 | 7.32 | 1,550 | 2.22 | 8.21 |
| DRDGOLD Ltd. | 1,529 | 1,529 | 0.07 | 0.28 | 0 | 0.00 | 0.00 |
| Gold Fields Ltd. | -248 | 2,000 | 1.49 | 5.65 | 2,248 | 1.63 | 6.03 |
| Harmony Gold Mining Company Ltd. | 1,172 | 4,001 | 1.01 | 3.84 | 2,829 | 0.95 | 3.53 |
| Impala Platinum Holdings Ltd. | 1,257 | 4,670 | 1.10 | 4.17 | 3,413 | 0.89 | 3.31 |
| Northam Platinum Holdings Ltd. | -168 | 639 | 0.22 | 0.82 | 807 | 0.27 | 1.01 |
| Pan African Resources plc | 2,963 | 7,840 | 0.24 | 0.91 | 4,877 | 0.13 | 0.49 |
| Sibanye Stillwater Ltd. | -5,900 | 14,727 | 0.74 | 2.78 | 20,627 | 1.25 | 4.61 |
| Valterra Platinum Ltd. | 292 | 498 | 0.69 | 2.60 | 206 | 0.29 | 1.07 |
| Precious Metals and Mining Total | 553 | 37,110 | 7.49 | 28.36 | 36,557 | 7.64 | 28.25 |
| NEPI Rockcastle NV | -2,273 | 0 | 0.00 | 0.00 | 2,273 | 0.33 | 1.23 |
| Real Estate Investment and Services Total | -2,273 | 0 | 0.00 | 0.00 | 2,273 | 0.33 | 1.23 |
| Attacq Ltd. | 3,119 | 6,783 | 0.11 | 0.42 | 3,664 | 0.06 | 0.22 |
| Fairvest Ltd. | 17,826 | 17,826 | 0.11 | 0.43 | 0 | 0.00 | 0.00 |
| Growthpoint Properties Ltd. | 0 | 32,877 | 0.53 | 2.00 | 32,877 | 0.56 | 2.09 |
| Hyprop Investments Ltd. | 3,808 | 3,808 | 0.20 | 0.77 | 0 | 0.00 | 0.00 |
| Vukile Property Fund Ltd. | 3,016 | 3,016 | 0.07 | 0.25 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 27,769 | 64,310 | 1.02 | 3.87 | 36,541 | 0.62 | 2.31 |
| Motus Holdings Ltd. | 0 | 1,506 | 0.17 | 0.65 | 1,506 | 0.18 | 0.68 |
| Mr Price Group Ltd. | -198 | 497 | 0.08 | 0.29 | 695 | 0.12 | 0.45 |
| Truworths International Ltd. | -102 | 688 | 0.04 | 0.13 | 790 | 0.04 | 0.17 |
| Retailers Total | -300 | 2,691 | 0.28 | 1.07 | 2,991 | 0.35 | 1.29 |
| Datatec Ltd. | 0 | 1,900 | 0.13 | 0.50 | 1,900 | 0.15 | 0.56 |
| Naspers Ltd. | -30 | 1,957 | 1.68 | 6.35 | 1,987 | 2.19 | 8.11 |
| Prosus NV | 245 | 1,524 | 1.16 | 4.41 | 1,279 | 1.31 | 4.84 |
| Software and Computer Services Total | 215 | 5,381 | 2.97 | 11.26 | 5,166 | 3.65 | 13.51 |
| MTN Group Ltd. | -2,952 | 6,991 | 1.35 | 5.11 | 9,943 | 1.69 | 6.23 |
| Telkom SA SOC Ltd. | 0 | 2,756 | 0.16 | 0.61 | 2,756 | 0.16 | 0.60 |
| Vodacom Group Ltd. | 3,052 | 3,052 | 0.44 | 1.66 | 0 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | 100 | 12,799 | 1.95 | 7.38 | 12,699 | 1.85 | 6.83 |
| Portfolio Total | 35,877 | 277,519 | 26.42 | 100.00 | 241,642 | 27.05 | 100.00 |