| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | 0 | 1,290 | 0.05 | 0.00 | 1,290 | 0.11 | 0.00 |
| Alternative Energy Total | 0 | 1,290 | 0.05 | 0.00 | 1,290 | 0.11 | 0.00 |
| Absa Group Ltd. | 1,226 | 22,877 | 4.04 | 0.18 | 21,651 | 4.11 | 0.18 |
| Capitec Bank Holdings Ltd. | 129 | 2,343 | 7.22 | 0.32 | 2,214 | 6.94 | 0.30 |
| FirstRand Ltd. | 7,459 | 139,232 | 10.01 | 0.44 | 131,773 | 10.01 | 0.43 |
| Investec Ltd. | 0 | 6,296 | 0.71 | 0.03 | 6,296 | 0.79 | 0.03 |
| Investec plc | 837 | 10,490 | 1.18 | 0.05 | 9,653 | 1.22 | 0.05 |
| Nedbank Group Ltd. | 690 | 12,586 | 3.22 | 0.14 | 11,896 | 3.35 | 0.15 |
| Standard Bank Group Ltd. | 1,600 | 36,414 | 8.75 | 0.38 | 34,814 | 7.72 | 0.33 |
| Banks Total | 11,941 | 230,238 | 35.14 | 1.54 | 218,297 | 34.14 | 1.48 |
| Anheuser-Busch InBev SA/NV | 340 | 2,360 | 2.67 | 0.12 | 2,020 | 1.89 | 0.08 |
| Beverages Total | 340 | 2,360 | 2.67 | 0.12 | 2,020 | 1.89 | 0.08 |
| SA Bond ABN63 | 0 | 460,000 | 1.19 | 0.05 | 460,000 | 1.18 | 0.05 |
| SA Bond ABS7 | 0 | 3,490,000 | 3.52 | 0.15 | 3,490,000 | 3.59 | 0.16 |
| SA Bond AGT03 | 0 | 1,000,000 | 1.01 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond AIR05 | 0 | 1,900,000 | 1.89 | 0.08 | 1,900,000 | 1.85 | 0.08 |
| SA Bond AIRL01 | 0 | 690,000 | 1.60 | 0.07 | 690,000 | 1.56 | 0.07 |
| SA Bond ASC091 | 0 | 1,000,000 | 1.01 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond ASC119 | 0 | 2,000,000 | 2.02 | 0.09 | 2,000,000 | 2.02 | 0.09 |
| SA Bond ASC130 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond ASC173 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond ASN470 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.04 | 0.05 |
| SA Bond ASN545 | 0 | 1,100,000 | 1.12 | 0.05 | 1,100,000 | 1.15 | 0.05 |
| SA Bond ASN558 | 0 | 200,000 | 0.20 | 0.01 | 200,000 | 0.21 | 0.01 |
| SA Bond ASN617 | 0 | 1,000,000 | 1.01 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond ASN683 | 0 | 4,600,000 | 4.65 | 0.20 | 4,600,000 | 4.64 | 0.20 |
| SA Bond ASN889 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.05 | 0.05 |
| SA Bond ASN913 | 0 | 500,000 | 0.50 | 0.02 | 500,000 | 0.50 | 0.02 |
| SA Bond BDX35 | 0 | 2,600,000 | 2.61 | 0.11 | 2,600,000 | 2.61 | 0.11 |
| SA Bond BNDS | 0 | 0 | 9.59 | 0.42 | 0 | 9.78 | 0.42 |
| SA Bond CLN638 | 0 | 1,560,000 | 1.58 | 0.07 | 1,560,000 | 1.58 | 0.07 |
| SA Bond CLN697 | 0 | 1,500,000 | 1.31 | 0.06 | 1,500,000 | 1.34 | 0.06 |
| SA Bond CLN698 | 0 | 2,900,000 | 2.49 | 0.11 | 2,900,000 | 2.54 | 0.11 |
| SA Bond CLN705 | 0 | 2,600,000 | 2.28 | 0.10 | 2,600,000 | 2.33 | 0.10 |
| SA Bond CLN710 | 0 | 2,000,000 | 1.68 | 0.07 | 2,000,000 | 1.72 | 0.07 |
| SA Bond CLN711 | 0 | 2,900,000 | 2.44 | 0.11 | 2,900,000 | 2.50 | 0.11 |
| SA Bond CLN746 | 0 | 600,000 | 0.61 | 0.03 | 600,000 | 0.61 | 0.03 |
| SA Bond CLN899 | 0 | 2,400,000 | 1.62 | 0.07 | 2,400,000 | 1.65 | 0.07 |
| SA Bond COT02 | 0 | 200,000 | 0.15 | 0.01 | 200,000 | 0.14 | 0.01 |
| SA Bond ELN021 | 0 | 32,260,544 | 36.46 | 1.60 | 32,260,544 | 36.47 | 1.58 |
| SA Bond ELN023 | 0 | 11,000,000 | 11.21 | 0.49 | 11,000,000 | 11.29 | 0.49 |
| SA Bond FRB34 | 0 | 700,000 | 0.71 | 0.03 | 700,000 | 0.71 | 0.03 |
| SA Bond FRB42 | 0 | 1,800,000 | 1.80 | 0.08 | 1,800,000 | 1.80 | 0.08 |
| SA Bond FRBI29 | 0 | 44,000,000 | 57.70 | 2.53 | 44,000,000 | 56.82 | 2.46 |
| SA Bond FRC348 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond FRC349 | 0 | 2,500,000 | 2.54 | 0.11 | 2,500,000 | 2.55 | 0.11 |
| SA Bond FRC351 | 0 | 1,000,000 | 1.01 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond FRC353 | 0 | 1,230,000 | 1.25 | 0.05 | 1,230,000 | 1.26 | 0.05 |
| SA Bond FRC354 | 0 | 2,000,000 | 2.00 | 0.09 | 2,000,000 | 2.00 | 0.09 |
| SA Bond FRC356 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond FRC360 | 0 | 1,150,000 | 1.17 | 0.05 | 1,150,000 | 1.17 | 0.05 |
| SA Bond FRC364 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond FRC365 | 0 | 500,000 | 0.51 | 0.02 | 500,000 | 0.51 | 0.02 |
| SA Bond FRC431 | 0 | 500,000 | 0.50 | 0.02 | 500,000 | 0.50 | 0.02 |
| SA Bond FRC468 | 0 | 1,000,000 | 1.01 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond FRC473 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond FRC474 | 0 | 800,000 | 0.81 | 0.04 | 800,000 | 0.82 | 0.04 |
| SA Bond FRC483 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond FRC497 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond FRC509 | 0 | 1,000,000 | 1.01 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond FRC539 | 0 | 11,494,800 | 12.56 | 0.55 | 11,494,800 | 12.79 | 0.55 |
| SA Bond FRC568 | 1,000,000 | 1,000,000 | 1.01 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond FRS384 | 0 | 32,260,544 | 35.84 | 1.57 | 32,260,544 | 35.16 | 1.52 |
| SA Bond FRX26 | 0 | 700,000 | 0.75 | 0.03 | 700,000 | 0.73 | 0.03 |
| SA Bond FRX30 | 0 | 990,000 | 1.04 | 0.05 | 990,000 | 1.06 | 0.05 |
| SA Bond FRX31 | 0 | 900,000 | 0.92 | 0.04 | 900,000 | 0.93 | 0.04 |
| SA Bond GRL35 | 0 | 320,000 | 0.41 | 0.02 | 320,000 | 0.40 | 0.02 |
| SA Bond I2025 | -140,000 | 0 | 0.00 | 0.00 | 140,000 | 0.26 | 0.01 |
| SA Bond I2029 | 310,000 | 2,840,000 | 3.84 | 0.17 | 2,530,000 | 3.38 | 0.15 |
| SA Bond I2031 | 0 | 290,000 | 0.31 | 0.01 | 290,000 | 0.31 | 0.01 |
| SA Bond I2033 | -1,320,000 | 1,374,000 | 1.75 | 0.08 | 2,694,000 | 3.44 | 0.15 |
| SA Bond I2038 | -3,400,000 | 24,660,000 | 34.04 | 1.49 | 28,060,000 | 39.43 | 1.71 |
| SA Bond I2046 | 280,000 | 64,780,000 | 76.82 | 3.37 | 64,500,000 | 78.21 | 3.39 |
| SA Bond I2050 | 0 | 28,000,000 | 33.54 | 1.47 | 28,000,000 | 33.75 | 1.46 |
| SA Bond IVC240 | 1,000,000 | 1,000,000 | 1.00 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond NBK20A | 0 | 1,900,000 | 2.01 | 0.09 | 1,900,000 | 1.96 | 0.08 |
| SA Bond NGT111 | 0 | 1,000,000 | 1.04 | 0.05 | 1,000,000 | 1.05 | 0.05 |
| SA Bond NI29 | 0 | 1,800,000 | 2.39 | 0.10 | 1,800,000 | 2.36 | 0.10 |
| SA Bond NI33 | 0 | 48,000,000 | 57.68 | 2.53 | 48,000,000 | 57.71 | 2.50 |
| SA Bond NN243 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond NN264 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond NN344 | 0 | 9,300,000 | 12.05 | 0.53 | 9,300,000 | 12.21 | 0.53 |
| SA Bond NN362 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond NN400 | 1,000,000 | 1,000,000 | 1.00 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond NNF111 | 0 | 1,000,000 | 1.00 | 0.04 | 1,000,000 | 1.00 | 0.04 |
| SA Bond R2030 | 0 | 1,550,000 | 1.51 | 0.07 | 1,550,000 | 1.54 | 0.07 |
| SA Bond R2032 | -1,970,000 | 15,336,000 | 14.12 | 0.62 | 17,306,000 | 16.39 | 0.71 |
| SA Bond R2035 | 4,970,000 | 25,250,000 | 22.81 | 1.00 | 20,280,000 | 19.07 | 0.83 |
| SA Bond R2037 | 2,140,000 | 23,870,000 | 20.19 | 0.88 | 21,730,000 | 19.23 | 0.83 |
| SA Bond R2038 | 910,000 | 6,034,000 | 5.94 | 0.26 | 5,124,000 | 5.28 | 0.23 |
| SA Bond R2040 | 1,310,000 | 13,659,000 | 11.49 | 0.50 | 12,349,000 | 10.99 | 0.48 |
| SA Bond R2044 | 300,000 | 38,682,037 | 30.79 | 1.35 | 38,382,037 | 32.57 | 1.41 |
| SA Bond R2048 | 1,150,000 | 10,340,000 | 8.08 | 0.35 | 9,190,000 | 7.67 | 0.33 |
| SA Bond R209 | 1,150,000 | 13,450,000 | 9.54 | 0.42 | 12,300,000 | 9.07 | 0.39 |
| SA Bond R210 | 110,000 | 110,000 | 0.27 | 0.01 | 0 | 0.00 | 0.00 |
| SA Bond R213 | -1,900,000 | 6,790,000 | 6.07 | 0.27 | 8,690,000 | 7.93 | 0.34 |
| SA Bond R214 | -190,000 | 11,910,000 | 7.75 | 0.34 | 12,100,000 | 8.35 | 0.36 |
| SA Bond RN2030 | 0 | 1,000,000 | 1.00 | 0.04 | 1,000,000 | 1.00 | 0.04 |
| SA Bond SBC045 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond SBC120 | 1,000,000 | 1,000,000 | 1.01 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond SBC133 | 1,000,000 | 1,000,000 | 1.00 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond SBS20 | 0 | 680,000 | 0.72 | 0.03 | 680,000 | 0.70 | 0.03 |
| SA Bond SSN064 | 0 | 44,000,000 | 57.77 | 2.53 | 44,000,000 | 56.89 | 2.46 |
| SA Bond SSN210 | 0 | 790,000 | 1.05 | 0.05 | 790,000 | 1.03 | 0.04 |
| SA Bond TN30 | 0 | 90,000 | 0.09 | 0.00 | 90,000 | 0.09 | 0.00 |
| SA Bond TNG31 | 0 | 2,500,000 | 2.64 | 0.12 | 2,500,000 | 2.74 | 0.12 |
| Unit Trusts - Bond | 0 | 0 | 93.59 | 4.10 | 0 | 91.60 | 3.97 |
| Bond Total | 8,710,000 | 605,290,925 | 758.46 | 33.24 | 596,580,925 | 758.06 | 32.82 |
| Investec Gilt - Z | 2,164,541 | 85,953,618 | 172.47 | 7.56 | 83,789,077 | 171.20 | 7.41 |
| Sygnia All Bond Index - C | 28,406,260 | 163,541,126 | 147.96 | 6.48 | 135,134,866 | 121.51 | 5.26 |
| Bond Fund Total | 30,570,801 | 249,494,744 | 320.42 | 14.04 | 218,923,943 | 292.71 | 12.67 |
| iShares $ Short Duration Corp Bond UCITS | 0 | 101,868 | 11.35 | 0.50 | 101,868 | 11.44 | 0.50 |
| iShares US Treasury Bond ETF | -4,778 | 194,042 | 81.81 | 3.59 | 198,820 | 84.28 | 3.65 |
| Bonds Total | -4,778 | 295,910 | 93.15 | 4.08 | 300,688 | 95.73 | 4.14 |
| Cash on call | 0 | 0 | 35.41 | 1.55 | 0 | 27.33 | 1.18 |
| Margin Account | 0 | 0 | 1.04 | 0.05 | 0 | 3.18 | 0.14 |
| Cash on call Total | 0 | 0 | 36.45 | 1.60 | 0 | 30.51 | 1.32 |
| AECI Ltd. | 0 | 2,818 | 0.27 | 0.01 | 2,818 | 0.25 | 0.01 |
| Omnia Holdings Ltd. | 0 | 4,218 | 0.28 | 0.01 | 4,218 | 0.33 | 0.01 |
| Sasol Ltd. | 873 | 16,057 | 1.22 | 0.05 | 15,184 | 1.26 | 0.05 |
| Chemicals Total | 873 | 23,093 | 1.78 | 0.08 | 22,220 | 1.84 | 0.08 |
| PPC Ltd. | 0 | 35,577 | 0.17 | 0.01 | 35,577 | 0.18 | 0.01 |
| Raubex Group Ltd. | 0 | 4,609 | 0.21 | 0.01 | 4,609 | 0.24 | 0.01 |
| Wilson Bayly Holmes - Ovcon Ltd. | 0 | 1,418 | 0.26 | 0.01 | 1,418 | 0.33 | 0.01 |
| Construction and Materials Total | 0 | 41,604 | 0.63 | 0.03 | 41,604 | 0.76 | 0.03 |
| ADvTECH Ltd. | 0 | 12,390 | 0.41 | 0.02 | 12,390 | 0.42 | 0.02 |
| Curro Holdings Ltd. | 0 | 13,751 | 0.12 | 0.01 | 13,751 | 0.18 | 0.01 |
| Consumer Services Total | 0 | 26,141 | 0.53 | 0.02 | 26,141 | 0.60 | 0.03 |
| Reunert Ltd. | 0 | 4,285 | 0.26 | 0.01 | 4,285 | 0.32 | 0.01 |
| Electronic and Electrical Equipment Total | 0 | 4,285 | 0.26 | 0.01 | 4,285 | 0.32 | 0.01 |
| iShares Core S&P 500 ETF | -119 | 1 | 0.01 | 0.00 | 120 | 1.42 | 0.06 |
| Equities Total | -119 | 1 | 0.01 | 0.00 | 120 | 1.42 | 0.06 |
| Sygnia Itrix Global Property ETF | -37,508 | 655 | 0.03 | 0.00 | 38,163 | 1.92 | 0.08 |
| Sygnia Itrix MSCI World Index ETF | 0 | 206,625 | 13.91 | 0.61 | 206,625 | 14.72 | 0.64 |
| Exchange Traded Funds Total | -37,508 | 207,280 | 13.94 | 0.61 | 244,788 | 16.63 | 0.72 |
| Astral Foods Ltd. | 0 | 1,063 | 0.18 | 0.01 | 1,063 | 0.20 | 0.01 |
| AVI Ltd. | 977 | 9,346 | 0.83 | 0.04 | 8,369 | 0.92 | 0.04 |
| Oceana Group Ltd. | 0 | 2,422 | 0.14 | 0.01 | 2,422 | 0.16 | 0.01 |
| Premier Group Ltd. | 292 | 1,288 | 0.16 | 0.01 | 996 | 0.14 | 0.01 |
| Tiger Brands Ltd. | 396 | 4,354 | 1.21 | 0.05 | 3,958 | 1.14 | 0.05 |
| Food Producers Total | 1,665 | 18,473 | 2.52 | 0.11 | 16,808 | 2.56 | 0.11 |
| European - Currency | 0 | 0 | 15.65 | 0.69 | 0 | 16.15 | 0.70 |
| Japan - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 9.21 | 0.40 | 0 | 7.11 | 0.31 |
| For Currency Total | 0 | 0 | 24.87 | 1.09 | 0 | 23.25 | 1.01 |
| Foreign - Equities | 0 | 0 | 21.89 | 0.96 | 0 | 22.55 | 0.98 |
| Foreign Invest Total | 0 | 0 | 21.89 | 0.96 | 0 | 22.55 | 0.98 |
| Ninety One SA Equity - F | -5,144,585 | 5,202,138 | 7.86 | 0.34 | 10,346,723 | 15.22 | 0.66 |
| General Total | -5,144,585 | 5,202,138 | 7.86 | 0.34 | 10,346,723 | 15.22 | 0.66 |
| 36ONE BCI SA Equity - K | 147,560 | 13,172,373 | 33.32 | 1.46 | 13,024,813 | 31.07 | 1.35 |
| Coronation SA Equity - Z | 1,782,268 | 10,717,575 | 19.22 | 0.84 | 8,935,307 | 15.27 | 0.66 |
| Nedgroup Investments SA Equity - B6 | 846,477 | 18,286,626 | 33.73 | 1.48 | 17,440,149 | 30.84 | 1.34 |
| Visio BCI SA Equity - B2 | 1,016,664 | 25,661,957 | 33.17 | 1.45 | 24,645,293 | 30.83 | 1.33 |
| General Equity Total | 3,792,969 | 67,838,531 | 119.45 | 5.23 | 64,045,562 | 108.01 | 4.68 |
| Barloworld Ltd. | 0 | 4,739 | 0.50 | 0.02 | 4,739 | 0.51 | 0.02 |
| KAP Ltd. | 0 | 60,845 | 0.15 | 0.01 | 60,845 | 0.19 | 0.01 |
| Mondi plc | 677 | 5,249 | 1.43 | 0.06 | 4,572 | 1.27 | 0.05 |
| The Bidvest Group Ltd. | 515 | 9,369 | 2.20 | 0.10 | 8,854 | 2.33 | 0.10 |
| General Industrials Total | 1,192 | 80,202 | 4.29 | 0.19 | 79,010 | 4.30 | 0.19 |
| iShares S&P Consumer Staples ETF | -3,015 | 86 | 0.01 | 0.00 | 3,101 | 0.52 | 0.02 |
| Goods & Services Total | -3,015 | 86 | 0.01 | 0.00 | 3,101 | 0.52 | 0.02 |
| Life Healthcare Group Holdings Ltd. | 4,593 | 39,176 | 0.54 | 0.02 | 34,583 | 0.57 | 0.02 |
| Netcare Ltd. | 0 | 37,611 | 0.49 | 0.02 | 37,611 | 0.56 | 0.02 |
| Health Care Providers Total | 4,593 | 76,787 | 1.04 | 0.05 | 72,194 | 1.13 | 0.05 |
| Investec Diversified Income - Z | -2,478,487 | 83,141,179 | 101.68 | 4.46 | 85,619,666 | 105.77 | 4.58 |
| Sygnia Enhanced All Bond Fund - C | -36,792,196 | 190,019 | 0.18 | 0.01 | 36,982,215 | 34.85 | 1.51 |
| Sygnia Enhanced Income - A | -8,276,296 | 319,593,458 | 322.47 | 14.13 | 327,869,754 | 331.45 | 14.35 |
| Income Total | -47,546,979 | 402,924,656 | 424.33 | 18.60 | 450,471,635 | 472.08 | 20.44 |
| Sappi Ltd. | 1,081 | 16,682 | 0.61 | 0.03 | 15,601 | 0.77 | 0.03 |
| Industrial Materials Total | 1,081 | 16,682 | 0.61 | 0.03 | 15,601 | 0.77 | 0.03 |
| African Rainbow Minerals Ltd. | 321 | 2,957 | 0.44 | 0.02 | 2,636 | 0.40 | 0.02 |
| Afrimat Ltd. | 834 | 4,084 | 0.24 | 0.01 | 3,250 | 0.23 | 0.01 |
| Anglo American plc | 679 | 10,428 | 5.33 | 0.23 | 9,749 | 5.38 | 0.23 |
| BHP Group Ltd. | -78 | 4,576 | 2.00 | 0.09 | 4,654 | 2.14 | 0.09 |
| Glencore plc | 0 | 15,238 | 1.02 | 0.04 | 15,238 | 1.27 | 0.06 |
| Kumba Iron Ore Ltd. | 0 | 1,373 | 0.43 | 0.02 | 1,373 | 0.45 | 0.02 |
| South32 Ltd. | 0 | 8,508 | 0.31 | 0.01 | 8,508 | 0.34 | 0.01 |
| Industrial Metals and Mining Total | 1,756 | 47,164 | 9.77 | 0.43 | 45,408 | 10.21 | 0.44 |
| Hudaco Industries Ltd. | 0 | 736 | 0.14 | 0.01 | 736 | 0.16 | 0.01 |
| Industrial Support Services Total | 0 | 736 | 0.14 | 0.01 | 736 | 0.16 | 0.01 |
| Grindrod Ltd. | 0 | 16,137 | 0.20 | 0.01 | 16,137 | 0.19 | 0.01 |
| Super Group Ltd. | 0 | 8,147 | 0.23 | 0.01 | 8,147 | 0.24 | 0.01 |
| Industrial Transportation Total | 0 | 24,284 | 0.43 | 0.02 | 24,284 | 0.43 | 0.02 |
| Sygnia Skeleton International Equity FoF - C | -1,621,610 | 17,699,615 | 46.23 | 2.03 | 19,321,225 | 53.52 | 2.32 |
| International Total | -1,621,610 | 17,699,615 | 46.23 | 2.03 | 19,321,225 | 53.52 | 2.32 |
| Alexander Forbes Group Holdings Ltd. | 0 | 6,147 | 0.05 | 0.00 | 6,147 | 0.05 | 0.00 |
| Coronation Fund Managers Ltd. | 1,937 | 7,841 | 0.31 | 0.01 | 5,904 | 0.23 | 0.01 |
| Hosken Consolidated Investments Ltd. | 274 | 1,363 | 0.18 | 0.01 | 1,089 | 0.18 | 0.01 |
| JSE Ltd. | 0 | 2,261 | 0.28 | 0.01 | 2,261 | 0.27 | 0.01 |
| Ninety One Ltd. | 0 | 6,153 | 0.21 | 0.01 | 6,153 | 0.21 | 0.01 |
| Ninety One plc | 0 | 4,304 | 0.15 | 0.01 | 4,304 | 0.15 | 0.01 |
| PSG Financial Services Ltd. | 3,924 | 28,476 | 0.52 | 0.02 | 24,552 | 0.48 | 0.02 |
| Quilter plc | 0 | 20,824 | 0.74 | 0.03 | 20,824 | 0.74 | 0.03 |
| Reinet Investments SCA | 202 | 3,680 | 1.65 | 0.07 | 3,478 | 1.56 | 0.07 |
| Remgro Ltd. | 701 | 13,833 | 2.15 | 0.09 | 13,132 | 2.04 | 0.09 |
| Investment Banking and Brokerage Services Total | 7,038 | 94,882 | 6.24 | 0.27 | 87,844 | 5.91 | 0.26 |
| Discovery Ltd. | 776 | 14,709 | 2.93 | 0.13 | 13,933 | 2.71 | 0.12 |
| Momentum Group Ltd. | 0 | 33,646 | 1.07 | 0.05 | 33,646 | 1.02 | 0.04 |
| Old Mutual Ltd. | 8,956 | 120,055 | 1.44 | 0.06 | 111,099 | 1.39 | 0.06 |
| Sanlam Ltd. | 2,513 | 45,955 | 3.83 | 0.17 | 43,442 | 3.77 | 0.16 |
| Life Insurance Total | 12,245 | 214,365 | 9.26 | 0.41 | 202,120 | 8.90 | 0.39 |
| Money Market - 15 months duration | 0 | 0 | 3.01 | 0.13 | 0 | 0.00 | 0.00 |
| Money Market - 17 months duration | 0 | 0 | 1.01 | 0.04 | 0 | 0.00 | 0.00 |
| Money Market - 18 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 3.02 | 0.13 |
| Money Market - 20 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.01 | 0.04 |
| Money Market - 25 months duration | 0 | 0 | 2.04 | 0.09 | 0 | 0.00 | 0.00 |
| Money Market - 26 months duration | 0 | 0 | 1.01 | 0.04 | 0 | 0.00 | 0.00 |
| Money Market - 28 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 2.04 | 0.09 |
| Money Market - 29 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.01 | 0.04 |
| Money Market - 3 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 2.89 | 0.13 |
| Money Market Instrument | 0 | 0 | 7.11 | 0.31 | 0 | 7.12 | 0.31 |
| Ninety One Money Market - Z | -39,803,819 | 49,283,552 | 49.28 | 2.16 | 89,087,371 | 89.09 | 3.86 |
| Sygnia Money Market - C | 7,549,155 | 126,503,423 | 126.59 | 5.55 | 118,954,268 | 119.10 | 5.16 |
| Money Market Total | -32,254,664 | 175,786,975 | 190.07 | 8.33 | 208,041,639 | 225.28 | 9.75 |
| OUTsurance Group Ltd. | 1,295 | 23,316 | 1.63 | 0.07 | 22,021 | 1.46 | 0.06 |
| Santam Ltd. | 134 | 1,187 | 0.44 | 0.02 | 1,053 | 0.41 | 0.02 |
| Non-life Insurance Total | 1,429 | 24,503 | 2.07 | 0.09 | 23,074 | 1.88 | 0.08 |
| iShares Core MSCI World UCITS ETF | 1,042 | 1,189 | 2.29 | 0.10 | 147 | 0.30 | 0.01 |
| iShares Global High Yield Corp Bond UCITS ETF | 18,272 | 18,272 | 12.35 | 0.54 | 0 | 0.00 | 0.00 |
| Offshore Intern Total | 19,314 | 19,461 | 14.64 | 0.64 | 147 | 0.30 | 0.01 |
| Exxaro Resources Ltd. | 597 | 6,713 | 1.00 | 0.04 | 6,116 | 0.97 | 0.04 |
| Thungela Resources Ltd. | 0 | 3,037 | 0.31 | 0.01 | 3,037 | 0.41 | 0.02 |
| Oil, Gas and Coal Total | 597 | 9,750 | 1.31 | 0.06 | 9,153 | 1.37 | 0.06 |
| Bid Corporation Ltd. | 509 | 9,181 | 4.04 | 0.18 | 8,672 | 3.73 | 0.16 |
| Boxer Retail Ltd. | 4,533 | 4,533 | 0.32 | 0.01 | 0 | 0.00 | 0.00 |
| Clicks Group Ltd. | 348 | 6,582 | 2.22 | 0.10 | 6,234 | 2.33 | 0.10 |
| Dis-Chem Pharmacies Ltd. | 0 | 12,601 | 0.39 | 0.02 | 12,601 | 0.45 | 0.02 |
| Pick n Pay Stores Ltd. | 0 | 13,262 | 0.37 | 0.02 | 13,262 | 0.41 | 0.02 |
| Shoprite Holdings Ltd. | 732 | 13,233 | 3.59 | 0.16 | 12,501 | 3.68 | 0.16 |
| The SPAR Group Ltd. | 0 | 5,103 | 0.61 | 0.03 | 5,103 | 0.75 | 0.03 |
| Personal Care, Drug and Grocery Stores Total | 6,122 | 64,495 | 11.52 | 0.51 | 58,373 | 11.35 | 0.49 |
| Compagnie Financière Richemont SA | 0 | 1,372 | 4.38 | 0.19 | 1,372 | 3.81 | 0.16 |
| Personal Goods Total | 0 | 1,372 | 4.38 | 0.19 | 1,372 | 3.81 | 0.16 |
| Adcock Ingram Holdings Ltd. | 0 | 1,384 | 0.07 | 0.00 | 1,384 | 0.09 | 0.00 |
| Aspen Pharmacare Holdings Ltd. | 597 | 10,680 | 1.74 | 0.08 | 10,083 | 1.66 | 0.07 |
| Pharmaceuticals and Biotechnology Total | 597 | 12,064 | 1.80 | 0.08 | 11,467 | 1.75 | 0.08 |
| AngloGold Ashanti plc | 1,334 | 9,474 | 6.61 | 0.29 | 8,140 | 3.43 | 0.15 |
| DRDGOLD Ltd. | 0 | 12,075 | 0.34 | 0.02 | 12,075 | 0.20 | 0.01 |
| Gold Fields Ltd. | 1,311 | 24,273 | 10.12 | 0.44 | 22,962 | 5.67 | 0.25 |
| Harmony Gold Mining Company Ltd. | 789 | 15,275 | 4.07 | 0.18 | 14,486 | 2.18 | 0.09 |
| Impala Platinum Holdings Ltd. | 1,105 | 22,155 | 2.82 | 0.12 | 21,050 | 1.85 | 0.08 |
| Northam Platinum Holdings Ltd. | 765 | 9,723 | 1.30 | 0.06 | 8,958 | 0.87 | 0.04 |
| Pan African Resources plc | 6,999 | 45,026 | 0.46 | 0.02 | 38,027 | 0.31 | 0.01 |
| Sibanye Stillwater Ltd. | 3,909 | 77,593 | 1.61 | 0.07 | 73,684 | 1.10 | 0.05 |
| Valterra Platinum Ltd. | 198 | 2,421 | 1.82 | 0.08 | 2,223 | 1.26 | 0.05 |
| Precious Metals and Mining Total | 16,410 | 218,015 | 29.13 | 1.28 | 201,605 | 16.88 | 0.73 |
| Fortress Real Estate Investments Ltd. | -909 | 160,372 | 3.04 | 0.13 | 161,281 | 3.27 | 0.14 |
| Lighthouse Properties plc | 0 | 139,305 | 1.11 | 0.05 | 139,305 | 1.12 | 0.05 |
| MAS plc | -10,613 | 66,755 | 1.21 | 0.05 | 77,368 | 1.80 | 0.08 |
| NEPI Rockcastle NV | 1,425 | 82,115 | 10.87 | 0.48 | 80,690 | 11.13 | 0.48 |
| Real Estate Investment and Services Total | -10,097 | 448,547 | 16.24 | 0.71 | 458,644 | 17.32 | 0.75 |
| Attacq Ltd. | 0 | 94,012 | 1.22 | 0.05 | 94,012 | 1.30 | 0.06 |
| Burstone Group Ltd. | -1,437 | 81,569 | 0.67 | 0.03 | 83,006 | 0.78 | 0.03 |
| Emira Property Fund Ltd. | 0 | 28,827 | 0.31 | 0.01 | 28,827 | 0.31 | 0.01 |
| Equites Property Fund Ltd. | 2,120 | 111,666 | 1.57 | 0.07 | 109,546 | 1.61 | 0.07 |
| Fairvest Ltd. | 30,128 | 213,351 | 1.00 | 0.04 | 183,223 | 0.87 | 0.04 |
| Growthpoint Properties Ltd. | 9,821 | 467,171 | 6.05 | 0.26 | 457,350 | 5.82 | 0.25 |
| Hammerson plc | 1,276 | 2,821 | 0.17 | 0.01 | 1,545 | 0.10 | 0.00 |
| Hyprop Investments Ltd. | -290 | 51,714 | 2.17 | 0.10 | 52,004 | 2.42 | 0.10 |
| Primary Health Properties plc | 0 | 2,130 | 0.05 | 0.00 | 2,130 | 0.05 | 0.00 |
| Redefine Properties Ltd. | 33,683 | 958,066 | 4.04 | 0.18 | 924,383 | 4.21 | 0.18 |
| Resilient REIT Ltd. | -230 | 40,967 | 2.33 | 0.10 | 41,197 | 2.42 | 0.10 |
| SA Corporate Real Estate Ltd. | 0 | 337,788 | 0.88 | 0.04 | 337,788 | 0.99 | 0.04 |
| Shaftesbury Capital plc | 0 | 3,172 | 0.09 | 0.00 | 3,172 | 0.10 | 0.00 |
| Sirius Real Estate Ltd. | 0 | 55,384 | 1.12 | 0.05 | 55,384 | 1.02 | 0.04 |
| Stor-Age Property REIT Ltd. | 0 | 54,194 | 0.79 | 0.03 | 54,194 | 0.84 | 0.04 |
| Vukile Property Fund Ltd. | 15,156 | 169,259 | 2.94 | 0.13 | 154,103 | 2.77 | 0.12 |
| Real Estate Investment Trusts Total | 90,227 | 2,672,091 | 25.39 | 1.11 | 2,581,864 | 25.62 | 1.11 |
| Cashbuild Ltd. | 0 | 556 | 0.08 | 0.00 | 556 | 0.12 | 0.01 |
| Italtile Ltd. | 0 | 12,431 | 0.13 | 0.01 | 12,431 | 0.18 | 0.01 |
| Motus Holdings Ltd. | 753 | 4,410 | 0.38 | 0.02 | 3,657 | 0.44 | 0.02 |
| Mr Price Group Ltd. | 425 | 6,971 | 1.54 | 0.07 | 6,546 | 1.93 | 0.08 |
| Pepkor Holdings Ltd. | 4,098 | 72,972 | 1.87 | 0.08 | 68,874 | 1.99 | 0.09 |
| The Foschini Group Ltd. | 775 | 8,928 | 1.10 | 0.05 | 8,153 | 1.37 | 0.06 |
| Truworths International Ltd. | 969 | 10,311 | 0.75 | 0.03 | 9,342 | 0.97 | 0.04 |
| We Buy Cars Holdings Ltd. | 0 | 6,047 | 0.25 | 0.01 | 6,047 | 0.26 | 0.01 |
| Woolworths Holdings Ltd. | 1,419 | 25,118 | 1.30 | 0.06 | 23,699 | 1.48 | 0.06 |
| Retailers Total | 8,439 | 147,744 | 7.41 | 0.32 | 139,305 | 8.74 | 0.38 |
| Altron Ltd. | 0 | 5,839 | 0.12 | 0.01 | 5,839 | 0.12 | 0.01 |
| Bytes Technology Group plc | 356 | 1,579 | 0.18 | 0.01 | 1,223 | 0.12 | 0.01 |
| Datatec Ltd. | 1,113 | 5,886 | 0.33 | 0.01 | 4,773 | 0.24 | 0.01 |
| Karooooo Ltd. | 0 | 149 | 0.12 | 0.01 | 149 | 0.13 | 0.01 |
| Naspers Ltd. | -48 | 3,354 | 15.23 | 0.67 | 3,402 | 14.20 | 0.61 |
| Prosus NV | -90 | 6,010 | 5.05 | 0.22 | 6,100 | 4.57 | 0.20 |
| Software and Computer Services Total | 1,331 | 22,817 | 21.03 | 0.92 | 21,486 | 19.38 | 0.84 |
| Blue Label Telecoms Ltd. | 7,218 | 15,487 | 0.12 | 0.01 | 8,269 | 0.05 | 0.00 |
| MTN Group Ltd. | 2,731 | 49,829 | 6.17 | 0.27 | 47,098 | 4.33 | 0.19 |
| MultiChoice Group Ltd. | 521 | 6,434 | 0.71 | 0.03 | 5,913 | 0.64 | 0.03 |
| Telkom SA SOC Ltd. | 0 | 7,453 | 0.27 | 0.01 | 7,453 | 0.26 | 0.01 |
| Vodacom Group Ltd. | 881 | 16,554 | 2.04 | 0.09 | 15,673 | 1.59 | 0.07 |
| Telecommunications Service Providers Total | 11,351 | 95,757 | 9.31 | 0.41 | 84,406 | 6.87 | 0.30 |
| British American Tobacco plc | 0 | 6,150 | 4.61 | 0.20 | 6,150 | 4.16 | 0.18 |
| Tobacco Total | 0 | 6,150 | 4.61 | 0.20 | 6,150 | 4.16 | 0.18 |
| Famous Brands Ltd. | 0 | 2,144 | 0.12 | 0.01 | 2,144 | 0.15 | 0.01 |
| Southern Sun Ltd. | 0 | 20,310 | 0.17 | 0.01 | 20,310 | 0.18 | 0.01 |
| Sun International Ltd. | 0 | 4,212 | 0.17 | 0.01 | 4,212 | 0.18 | 0.01 |
| Tsogo Sun Ltd. | 0 | 12,209 | 0.10 | 0.00 | 12,209 | 0.12 | 0.01 |
| Travel and Leisure Total | 0 | 38,875 | 0.57 | 0.03 | 38,875 | 0.64 | 0.03 |
| Portfolio Total | -43,351,044 | 1,529,425,088 | 2,281.91 | 100.00 | 1,572,776,132 | 2,309.60 | 100.00 |