| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | -532 | 758 | 0.03 | 0.00 | 1,290 | 0.05 | 0.00 |
| Alternative Energy Total | -532 | 758 | 0.03 | 0.00 | 1,290 | 0.05 | 0.00 |
| Absa Group Ltd. | -7,100 | 15,777 | 2.77 | 0.12 | 22,877 | 4.04 | 0.18 |
| Capitec Bank Holdings Ltd. | -705 | 1,638 | 5.82 | 0.25 | 2,343 | 7.22 | 0.32 |
| FirstRand Ltd. | -42,290 | 96,942 | 7.39 | 0.31 | 139,232 | 10.01 | 0.44 |
| Investec Ltd. | -1,586 | 4,710 | 0.62 | 0.03 | 6,296 | 0.71 | 0.03 |
| Investec plc | -3,512 | 6,978 | 0.92 | 0.04 | 10,490 | 1.18 | 0.05 |
| Nedbank Group Ltd. | -3,917 | 8,669 | 2.12 | 0.09 | 12,586 | 3.22 | 0.14 |
| Standard Bank Group Ltd. | -11,406 | 25,008 | 5.69 | 0.24 | 36,414 | 8.75 | 0.38 |
| Banks Total | -70,516 | 159,722 | 25.33 | 1.08 | 230,238 | 35.14 | 1.54 |
| Anheuser-Busch InBev SA/NV | -601 | 1,759 | 2.14 | 0.09 | 2,360 | 2.67 | 0.12 |
| Beverages Total | -601 | 1,759 | 2.14 | 0.09 | 2,360 | 2.67 | 0.12 |
| SA Bond ABN63 | 0 | 460,000 | 1.18 | 0.05 | 460,000 | 1.19 | 0.05 |
| SA Bond ABS7 | 0 | 3,490,000 | 3.62 | 0.15 | 3,490,000 | 3.52 | 0.15 |
| SA Bond AGT03 | -1,000,000 | 0 | 0.00 | 0.00 | 1,000,000 | 1.01 | 0.04 |
| SA Bond AIR05 | 0 | 1,900,000 | 1.90 | 0.08 | 1,900,000 | 1.89 | 0.08 |
| SA Bond AIRL01 | 70,000 | 760,000 | 1.76 | 0.07 | 690,000 | 1.60 | 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 | 1.06 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond ASN545 | 0 | 1,100,000 | 1.15 | 0.05 | 1,100,000 | 1.12 | 0.05 |
| SA Bond ASN558 | 0 | 200,000 | 0.21 | 0.01 | 200,000 | 0.20 | 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 | 4.64 | 0.20 | 4,600,000 | 4.65 | 0.20 |
| SA Bond ASN889 | 0 | 1,000,000 | 1.05 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| 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 | 10.12 | 0.43 | 0 | 9.59 | 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 | 1.34 | 0.06 | 1,500,000 | 1.31 | 0.06 |
| SA Bond CLN698 | 0 | 2,900,000 | 2.55 | 0.11 | 2,900,000 | 2.49 | 0.11 |
| SA Bond CLN705 | 0 | 2,600,000 | 2.34 | 0.10 | 2,600,000 | 2.28 | 0.10 |
| SA Bond CLN710 | 0 | 2,000,000 | 1.73 | 0.07 | 2,000,000 | 1.68 | 0.07 |
| SA Bond CLN711 | 0 | 2,900,000 | 2.51 | 0.11 | 2,900,000 | 2.44 | 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 | 1.67 | 0.07 | 2,400,000 | 1.62 | 0.07 |
| SA Bond COT02 | 0 | 200,000 | 0.15 | 0.01 | 200,000 | 0.15 | 0.01 |
| SA Bond ELN021 | 0 | 32,260,544 | 39.58 | 1.68 | 32,260,544 | 36.46 | 1.60 |
| SA Bond ELN023 | 0 | 11,000,000 | 12.09 | 0.51 | 11,000,000 | 11.21 | 0.49 |
| SA Bond FRB34 | 0 | 700,000 | 0.73 | 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 | 58.77 | 2.50 | 44,000,000 | 57.70 | 2.53 |
| 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 | 2.54 | 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 | 1.25 | 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 | 1.01 | 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 | 0.03 | 800,000 | 0.81 | 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 | 12.59 | 0.54 | 11,494,800 | 12.56 | 0.55 |
| SA Bond FRC568 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond FRS384 | 0 | 32,260,544 | 37.32 | 1.59 | 32,260,544 | 35.84 | 1.57 |
| SA Bond FRX26 | 0 | 700,000 | 0.73 | 0.03 | 700,000 | 0.75 | 0.03 |
| SA Bond FRX30 | 0 | 990,000 | 1.09 | 0.05 | 990,000 | 1.04 | 0.05 |
| SA Bond FRX31 | 0 | 900,000 | 0.96 | 0.04 | 900,000 | 0.92 | 0.04 |
| SA Bond GRL35 | 0 | 320,000 | 0.41 | 0.02 | 320,000 | 0.41 | 0.02 |
| SA Bond I2029 | -2,640,000 | 200,000 | 0.28 | 0.01 | 2,840,000 | 3.84 | 0.17 |
| SA Bond I2031 | 0 | 290,000 | 0.32 | 0.01 | 290,000 | 0.31 | 0.01 |
| SA Bond I2033 | -150,000 | 1,224,000 | 1.59 | 0.07 | 1,374,000 | 1.75 | 0.08 |
| SA Bond I2038 | 0 | 24,660,000 | 34.54 | 1.47 | 24,660,000 | 34.04 | 1.49 |
| SA Bond I2046 | 5,500,000 | 70,280,000 | 83.38 | 3.55 | 64,780,000 | 76.82 | 3.37 |
| SA Bond I2050 | 0 | 28,000,000 | 32.87 | 1.40 | 28,000,000 | 33.54 | 1.47 |
| SA Bond IVC240 | 0 | 1,000,000 | 1.00 | 0.04 | 1,000,000 | 1.00 | 0.04 |
| SA Bond NBK20A | 0 | 1,900,000 | 1.96 | 0.08 | 1,900,000 | 2.01 | 0.09 |
| SA Bond NGT111 | 0 | 1,000,000 | 1.04 | 0.04 | 1,000,000 | 1.04 | 0.05 |
| SA Bond NHM029 | 200,000 | 200,000 | 0.20 | 0.01 | 0 | 0.00 | 0.00 |
| SA Bond NI29 | 0 | 1,800,000 | 2.43 | 0.10 | 1,800,000 | 2.39 | 0.10 |
| SA Bond NI33 | 0 | 48,000,000 | 58.72 | 2.50 | 48,000,000 | 57.68 | 2.53 |
| 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 | 12.25 | 0.52 | 9,300,000 | 12.05 | 0.53 |
| SA Bond NN362 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond NN400 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.00 | 0.04 |
| SA Bond NNF111 | 0 | 1,000,000 | 1.00 | 0.04 | 1,000,000 | 1.00 | 0.04 |
| SA Bond R2030 | 1,840,000 | 3,390,000 | 3.45 | 0.15 | 1,550,000 | 1.51 | 0.07 |
| SA Bond R2032 | 370,000 | 15,706,000 | 15.32 | 0.65 | 15,336,000 | 14.12 | 0.62 |
| SA Bond R2035 | -7,330,000 | 17,920,000 | 17.27 | 0.74 | 25,250,000 | 22.81 | 1.00 |
| SA Bond R2037 | -1,410,000 | 22,460,000 | 20.34 | 0.87 | 23,870,000 | 20.19 | 0.88 |
| SA Bond R2038 | 0 | 6,034,000 | 6.35 | 0.27 | 6,034,000 | 5.94 | 0.26 |
| SA Bond R2040 | 3,600,000 | 17,259,000 | 15.60 | 0.66 | 13,659,000 | 11.49 | 0.50 |
| SA Bond R2044 | -1,630,000 | 37,052,037 | 31.52 | 1.34 | 38,682,037 | 30.79 | 1.35 |
| SA Bond R2048 | 560,000 | 10,900,000 | 9.09 | 0.39 | 10,340,000 | 8.08 | 0.35 |
| SA Bond R209 | -700,000 | 12,750,000 | 9.72 | 0.41 | 13,450,000 | 9.54 | 0.42 |
| SA Bond R210 | 0 | 110,000 | 0.27 | 0.01 | 110,000 | 0.27 | 0.01 |
| SA Bond R213 | 390,000 | 7,180,000 | 6.78 | 0.29 | 6,790,000 | 6.07 | 0.27 |
| SA Bond R214 | 0 | 11,910,000 | 8.31 | 0.35 | 11,910,000 | 7.75 | 0.34 |
| SA Bond RN2030 | 0 | 1,000,000 | 1.00 | 0.04 | 1,000,000 | 1.00 | 0.04 |
| SA Bond RN2032 | 500,000 | 500,000 | 0.51 | 0.02 | 0 | 0.00 | 0.00 |
| SA Bond SBC045 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.02 | 0.04 |
| SA Bond SBC120 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.01 | 0.04 |
| SA Bond SBC133 | 0 | 1,000,000 | 1.02 | 0.04 | 1,000,000 | 1.00 | 0.04 |
| SA Bond SBC163 | 1,000,000 | 1,000,000 | 1.00 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond SBS20 | 0 | 680,000 | 0.70 | 0.03 | 680,000 | 0.72 | 0.03 |
| SA Bond SSN064 | 0 | 44,000,000 | 58.83 | 2.50 | 44,000,000 | 57.77 | 2.53 |
| SA Bond SSN210 | 0 | 790,000 | 1.07 | 0.05 | 790,000 | 1.05 | 0.05 |
| SA Bond TN30 | 0 | 90,000 | 0.09 | 0.00 | 90,000 | 0.09 | 0.00 |
| SA Bond TNG31 | 0 | 2,500,000 | 2.79 | 0.12 | 2,500,000 | 2.64 | 0.12 |
| Unit Trusts - Bond | 0 | 0 | 95.66 | 4.07 | 0 | 93.59 | 4.10 |
| Bond Total | -830,000 | 604,460,925 | 779.71 | 33.18 | 605,290,925 | 758.46 | 33.24 |
| Investec Gilt - Z | -2,498,805 | 83,454,813 | 173.44 | 7.38 | 85,953,618 | 172.47 | 7.56 |
| Sygnia All Bond Index - C | 10,338,130 | 173,879,256 | 158.93 | 6.76 | 163,541,126 | 147.96 | 6.48 |
| Bond Fund Total | 7,839,325 | 257,334,069 | 332.36 | 14.14 | 249,494,744 | 320.42 | 14.04 |
| iShares $ Short Duration Corp Bond UCITS | 0 | 101,868 | 11.13 | 0.47 | 101,868 | 11.35 | 0.50 |
| iShares US Treasury Bond ETF | -46,273 | 147,769 | 60.16 | 2.56 | 194,042 | 81.81 | 3.59 |
| Bonds Total | -46,273 | 249,637 | 71.29 | 3.03 | 295,910 | 93.15 | 4.08 |
| Cash on call | 0 | 0 | 26.39 | 1.12 | 0 | 35.41 | 1.55 |
| Margin Account | 0 | 0 | 1.92 | 0.08 | 0 | 1.04 | 0.05 |
| Cash on call Total | 0 | 0 | 28.32 | 1.20 | 0 | 36.45 | 1.60 |
| AECI Ltd. | -932 | 1,886 | 0.20 | 0.01 | 2,818 | 0.27 | 0.01 |
| Omnia Holdings Ltd. | -1,191 | 3,027 | 0.24 | 0.01 | 4,218 | 0.28 | 0.01 |
| Sasol Ltd. | -4,866 | 11,191 | 0.90 | 0.04 | 16,057 | 1.22 | 0.05 |
| Chemicals Total | -6,989 | 16,104 | 1.34 | 0.06 | 23,093 | 1.78 | 0.08 |
| PPC Ltd. | -12,983 | 22,594 | 0.12 | 0.01 | 35,577 | 0.17 | 0.01 |
| Raubex Group Ltd. | -1,198 | 3,411 | 0.15 | 0.01 | 4,609 | 0.21 | 0.01 |
| Wilson Bayly Holmes - Ovcon Ltd. | -427 | 991 | 0.18 | 0.01 | 1,418 | 0.26 | 0.01 |
| Construction and Materials Total | -14,608 | 26,996 | 0.45 | 0.02 | 41,604 | 0.63 | 0.03 |
| ADvTECH Ltd. | -3,758 | 8,632 | 0.28 | 0.01 | 12,390 | 0.41 | 0.02 |
| Curro Holdings Ltd. | -4,466 | 9,285 | 0.08 | 0.00 | 13,751 | 0.12 | 0.01 |
| Consumer Services Total | -8,224 | 17,917 | 0.37 | 0.02 | 26,141 | 0.53 | 0.02 |
| Reunert Ltd. | -1,293 | 2,992 | 0.18 | 0.01 | 4,285 | 0.26 | 0.01 |
| Electronic and Electrical Equipment Total | -1,293 | 2,992 | 0.18 | 0.01 | 4,285 | 0.26 | 0.01 |
| iShares Core S&P 500 ETF | 0 | 1 | 0.01 | 0.00 | 1 | 0.01 | 0.00 |
| Equities Total | 0 | 1 | 0.01 | 0.00 | 1 | 0.01 | 0.00 |
| Sygnia Itrix Global Property ETF | -655 | 0 | 0.00 | 0.00 | 655 | 0.03 | 0.00 |
| Sygnia Itrix MSCI World Index ETF | -24,471 | 182,154 | 13.26 | 0.56 | 206,625 | 13.91 | 0.61 |
| Exchange Traded Funds Total | -25,126 | 182,154 | 13.26 | 0.56 | 207,280 | 13.94 | 0.61 |
| Astral Foods Ltd. | -335 | 728 | 0.13 | 0.01 | 1,063 | 0.18 | 0.01 |
| AVI Ltd. | -2,815 | 6,531 | 0.62 | 0.03 | 9,346 | 0.83 | 0.04 |
| Oceana Group Ltd. | -776 | 1,646 | 0.09 | 0.00 | 2,422 | 0.14 | 0.01 |
| Premier Group Ltd. | -523 | 765 | 0.11 | 0.00 | 1,288 | 0.16 | 0.01 |
| Tiger Brands Ltd. | -1,429 | 2,925 | 0.94 | 0.04 | 4,354 | 1.21 | 0.05 |
| Food Producers Total | -5,878 | 12,595 | 1.88 | 0.08 | 18,473 | 2.52 | 0.11 |
| European - Currency | 0 | 0 | 16.75 | 0.71 | 0 | 15.65 | 0.69 |
| Japan - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 36.97 | 1.57 | 0 | 9.21 | 0.40 |
| For Currency Total | 0 | 0 | 53.72 | 2.29 | 0 | 24.87 | 1.09 |
| Foreign - Equities | 0 | 0 | 24.85 | 1.06 | 0 | 21.89 | 0.96 |
| Foreign Invest Total | 0 | 0 | 24.85 | 1.06 | 0 | 21.89 | 0.96 |
| Ninety One SA Equity - F | -5,202,138 | 0 | 0.00 | 0.00 | 5,202,138 | 7.86 | 0.34 |
| General Total | -5,202,138 | 0 | 0.00 | 0.00 | 5,202,138 | 7.86 | 0.34 |
| 36ONE BCI SA Equity - K | -3,057,226 | 10,115,147 | 27.44 | 1.17 | 13,172,373 | 33.32 | 1.46 |
| Coronation SA Equity - Z | 4,031,626 | 14,749,201 | 28.74 | 1.22 | 10,717,575 | 19.22 | 0.84 |
| Nedgroup Investments SA Equity - B6 | -8,765,353 | 9,521,273 | 18.91 | 0.80 | 18,286,626 | 33.73 | 1.48 |
| Visio BCI SA Equity - B2 | -12,209,215 | 13,452,742 | 18.61 | 0.79 | 25,661,957 | 33.17 | 1.45 |
| General Equity Total | -20,000,168 | 47,838,363 | 93.70 | 3.99 | 67,838,531 | 119.45 | 5.23 |
| Barloworld Ltd. | -2,048 | 2,691 | 0.30 | 0.01 | 4,739 | 0.50 | 0.02 |
| KAP Ltd. | -12,328 | 48,517 | 0.10 | 0.00 | 60,845 | 0.15 | 0.01 |
| Mondi plc | -1,670 | 3,579 | 1.04 | 0.04 | 5,249 | 1.43 | 0.06 |
| The Bidvest Group Ltd. | -2,893 | 6,476 | 1.52 | 0.06 | 9,369 | 2.20 | 0.10 |
| General Industrials Total | -18,939 | 61,263 | 2.96 | 0.13 | 80,202 | 4.29 | 0.19 |
| iShares S&P Consumer Staples ETF | -86 | 0 | 0.00 | 0.00 | 86 | 0.01 | 0.00 |
| Goods & Services Total | -86 | 0 | 0.00 | 0.00 | 86 | 0.01 | 0.00 |
| Life Healthcare Group Holdings Ltd. | -12,154 | 27,022 | 0.39 | 0.02 | 39,176 | 0.54 | 0.02 |
| Netcare Ltd. | -11,777 | 25,834 | 0.36 | 0.02 | 37,611 | 0.49 | 0.02 |
| Health Care Providers Total | -23,931 | 52,856 | 0.75 | 0.03 | 76,787 | 1.04 | 0.05 |
| Investec Diversified Income - Z | -228,912 | 82,912,267 | 102.02 | 4.34 | 83,141,179 | 101.68 | 4.46 |
| Sygnia Enhanced All Bond Fund - C | 9,613 | 199,632 | 0.19 | 0.01 | 190,019 | 0.18 | 0.01 |
| Sygnia Enhanced Income - A | 6,336,925 | 325,930,383 | 329.91 | 14.04 | 319,593,458 | 322.47 | 14.13 |
| Income Total | 6,117,626 | 409,042,282 | 432.12 | 18.39 | 402,924,656 | 424.33 | 18.60 |
| Sappi Ltd. | -4,720 | 11,962 | 0.36 | 0.02 | 16,682 | 0.61 | 0.03 |
| Industrial Materials Total | -4,720 | 11,962 | 0.36 | 0.02 | 16,682 | 0.61 | 0.03 |
| African Rainbow Minerals Ltd. | -977 | 1,980 | 0.34 | 0.01 | 2,957 | 0.44 | 0.02 |
| Afrimat Ltd. | -1,743 | 2,341 | 0.10 | 0.00 | 4,084 | 0.24 | 0.01 |
| Anglo American plc | -4,268 | 6,160 | 3.21 | 0.14 | 10,428 | 5.33 | 0.23 |
| BHP Group Ltd. | -1,562 | 3,014 | 1.28 | 0.05 | 4,576 | 2.00 | 0.09 |
| Glencore plc | -2,848 | 12,390 | 0.86 | 0.04 | 15,238 | 1.02 | 0.04 |
| Kumba Iron Ore Ltd. | -278 | 1,095 | 0.31 | 0.01 | 1,373 | 0.43 | 0.02 |
| South32 Ltd. | -2,623 | 5,885 | 0.20 | 0.01 | 8,508 | 0.31 | 0.01 |
| Industrial Metals and Mining Total | -14,299 | 32,865 | 6.31 | 0.27 | 47,164 | 9.77 | 0.43 |
| Hudaco Industries Ltd. | -218 | 518 | 0.10 | 0.00 | 736 | 0.14 | 0.01 |
| Industrial Support Services Total | -218 | 518 | 0.10 | 0.00 | 736 | 0.14 | 0.01 |
| Grindrod Ltd. | -4,711 | 11,426 | 0.14 | 0.01 | 16,137 | 0.20 | 0.01 |
| Super Group Ltd. | -1,643 | 6,504 | 0.10 | 0.00 | 8,147 | 0.23 | 0.01 |
| Industrial Transportation Total | -6,354 | 17,930 | 0.25 | 0.01 | 24,284 | 0.43 | 0.02 |
| Sygnia Skeleton International Equity FoF - C | 28,767,648 | 46,467,263 | 130.55 | 5.56 | 17,699,615 | 46.23 | 2.03 |
| International Total | 28,767,648 | 46,467,263 | 130.55 | 5.56 | 17,699,615 | 46.23 | 2.03 |
| Alexander Forbes Group Holdings Ltd. | -2,257 | 3,890 | 0.03 | 0.00 | 6,147 | 0.05 | 0.00 |
| Coronation Fund Managers Ltd. | -2,507 | 5,334 | 0.21 | 0.01 | 7,841 | 0.31 | 0.01 |
| Hosken Consolidated Investments Ltd. | -600 | 763 | 0.10 | 0.00 | 1,363 | 0.18 | 0.01 |
| JSE Ltd. | -708 | 1,553 | 0.21 | 0.01 | 2,261 | 0.28 | 0.01 |
| Ninety One Ltd. | -1,917 | 4,236 | 0.19 | 0.01 | 6,153 | 0.21 | 0.01 |
| Ninety One plc | -804 | 3,500 | 0.16 | 0.01 | 4,304 | 0.15 | 0.01 |
| PSG Financial Services Ltd. | -9,485 | 18,991 | 0.42 | 0.02 | 28,476 | 0.52 | 0.02 |
| Quilter plc | -6,345 | 14,479 | 0.55 | 0.02 | 20,824 | 0.74 | 0.03 |
| Reinet Investments SCA | -1,149 | 2,531 | 1.45 | 0.06 | 3,680 | 1.65 | 0.07 |
| Remgro Ltd. | -4,340 | 9,493 | 1.49 | 0.06 | 13,833 | 2.15 | 0.09 |
| Investment Banking and Brokerage Services Total | -30,112 | 64,770 | 4.81 | 0.20 | 94,882 | 6.24 | 0.27 |
| Discovery Ltd. | -4,471 | 10,238 | 2.20 | 0.09 | 14,709 | 2.93 | 0.13 |
| Momentum Group Ltd. | -9,646 | 24,000 | 0.82 | 0.04 | 33,646 | 1.07 | 0.05 |
| Old Mutual Ltd. | -41,652 | 78,403 | 0.94 | 0.04 | 120,055 | 1.44 | 0.06 |
| Sanlam Ltd. | -12,554 | 33,401 | 2.97 | 0.13 | 45,955 | 3.83 | 0.17 |
| Life Insurance Total | -68,323 | 146,042 | 6.94 | 0.30 | 214,365 | 9.26 | 0.41 |
| 0 | 0 | 3.01 | 0.13 | 0 | 0.00 | 0.00 |
| Money Market - 14 months duration | 0 | 0 | 1.01 | 0.04 | 0 | 0.00 | 0.00 |
| Money Market - 15 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 3.01 | 0.13 |
| Money Market - 17 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.01 | 0.04 |
| Money Market - 18 months duration | 0 | 0 | 1.00 | 0.04 | 0 | 0.00 | 0.00 |
| Money Market - 22 months duration | 0 | 0 | 2.04 | 0.09 | 0 | 0.00 | 0.00 |
| Money Market - 23 months duration | 0 | 0 | 1.01 | 0.04 | 0 | 0.00 | 0.00 |
| Money Market - 25 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 2.04 | 0.09 |
| Money Market - 26 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.01 | 0.04 |
| Money Market - 34 months duration | 0 | 0 | 2.03 | 0.09 | 0 | 0.00 | 0.00 |
| Money Market Instrument | 0 | 0 | 5.07 | 0.22 | 0 | 7.11 | 0.31 |
| Ninety One Money Market - Z | 1,392,417 | 50,675,969 | 50.68 | 2.16 | 49,283,552 | 49.28 | 2.16 |
| Sygnia Money Market - C | -1,467,447 | 125,035,976 | 125.07 | 5.32 | 126,503,423 | 126.59 | 5.55 |
| Money Market Total | -75,030 | 175,711,945 | 190.95 | 8.12 | 175,786,975 | 190.07 | 8.33 |
| OUTsurance Group Ltd. | -7,046 | 16,270 | 1.27 | 0.05 | 23,316 | 1.63 | 0.07 |
| Santam Ltd. | -443 | 744 | 0.32 | 0.01 | 1,187 | 0.44 | 0.02 |
| Non-life Insurance Total | -7,489 | 17,014 | 1.59 | 0.07 | 24,503 | 2.07 | 0.09 |
| iShares Core MSCI World UCITS ETF | -982 | 207 | 0.43 | 0.02 | 1,189 | 2.29 | 0.10 |
| iShares Global High Yield Corp Bond UCITS ETF | -18,272 | 0 | 0.00 | 0.00 | 18,272 | 12.35 | 0.54 |
| iShares J.P. Morgan $ EM Corp Bond UCITS ETF | 285,254 | 285,254 | 32.53 | 1.38 | 0 | 0.00 | 0.00 |
| Offshore Intern Total | 266,000 | 285,461 | 32.96 | 1.40 | 19,461 | 14.64 | 0.64 |
| Exxaro Resources Ltd. | -2,149 | 4,564 | 0.67 | 0.03 | 6,713 | 1.00 | 0.04 |
| Thungela Resources Ltd. | -767 | 2,270 | 0.19 | 0.01 | 3,037 | 0.31 | 0.01 |
| Oil, Gas and Coal Total | -2,916 | 6,834 | 0.86 | 0.04 | 9,750 | 1.31 | 0.06 |
| Bid Corporation Ltd. | -2,797 | 6,384 | 3.01 | 0.13 | 9,181 | 4.04 | 0.18 |
| Boxer Retail Ltd. | -1,509 | 3,024 | 0.21 | 0.01 | 4,533 | 0.32 | 0.01 |
| Clicks Group Ltd. | -2,075 | 4,507 | 1.68 | 0.07 | 6,582 | 2.22 | 0.10 |
| Dis-Chem Pharmacies Ltd. | -3,867 | 8,734 | 0.28 | 0.01 | 12,601 | 0.39 | 0.02 |
| Pick n Pay Stores Ltd. | -3,099 | 10,163 | 0.27 | 0.01 | 13,262 | 0.37 | 0.02 |
| Shoprite Holdings Ltd. | -4,242 | 8,991 | 2.52 | 0.11 | 13,233 | 3.59 | 0.16 |
| The SPAR Group Ltd. | -1,440 | 3,663 | 0.39 | 0.02 | 5,103 | 0.61 | 0.03 |
| Personal Care, Drug and Grocery Stores Total | -19,029 | 45,466 | 8.37 | 0.36 | 64,495 | 11.52 | 0.51 |
| Compagnie Financière Richemont SA | -461 | 911 | 3.04 | 0.13 | 1,372 | 4.38 | 0.19 |
| Personal Goods Total | -461 | 911 | 3.04 | 0.13 | 1,372 | 4.38 | 0.19 |
| Adcock Ingram Holdings Ltd. | -393 | 991 | 0.05 | 0.00 | 1,384 | 0.07 | 0.00 |
| Aspen Pharmacare Holdings Ltd. | -3,310 | 7,370 | 0.88 | 0.04 | 10,680 | 1.74 | 0.08 |
| Pharmaceuticals and Biotechnology Total | -3,703 | 8,361 | 0.93 | 0.04 | 12,064 | 1.80 | 0.08 |
| AngloGold Ashanti plc | -2,730 | 6,744 | 5.39 | 0.23 | 9,474 | 6.61 | 0.29 |
| DRDGOLD Ltd. | -3,328 | 8,747 | 0.21 | 0.01 | 12,075 | 0.34 | 0.02 |
| Gold Fields Ltd. | -7,469 | 16,804 | 6.99 | 0.30 | 24,273 | 10.12 | 0.44 |
| Harmony Gold Mining Company Ltd. | -4,870 | 10,405 | 2.51 | 0.11 | 15,275 | 4.07 | 0.18 |
| Impala Platinum Holdings Ltd. | -7,263 | 14,892 | 2.37 | 0.10 | 22,155 | 2.82 | 0.12 |
| Northam Platinum Holdings Ltd. | -2,995 | 6,728 | 1.30 | 0.06 | 9,723 | 1.30 | 0.06 |
| Pan African Resources plc | -13,837 | 31,189 | 0.34 | 0.01 | 45,026 | 0.46 | 0.02 |
| Sibanye Stillwater Ltd. | -24,131 | 53,462 | 1.73 | 0.07 | 77,593 | 1.61 | 0.07 |
| Valterra Platinum Ltd. | -10 | 2,411 | 1.91 | 0.08 | 2,421 | 1.82 | 0.08 |
| Precious Metals and Mining Total | -66,633 | 151,382 | 22.74 | 0.97 | 218,015 | 29.13 | 1.28 |
| Fortress Real Estate Investments Ltd. | -7,073 | 153,299 | 3.06 | 0.13 | 160,372 | 3.04 | 0.13 |
| Lighthouse Properties plc | -5,606 | 133,699 | 1.08 | 0.05 | 139,305 | 1.11 | 0.05 |
| MAS plc | -5,876 | 60,879 | 1.48 | 0.06 | 66,755 | 1.21 | 0.05 |
| NEPI Rockcastle NV | -6,185 | 75,930 | 10.29 | 0.44 | 82,115 | 10.87 | 0.48 |
| Real Estate Investment and Services Total | -24,740 | 423,807 | 15.91 | 0.68 | 448,547 | 16.24 | 0.71 |
| Attacq Ltd. | -3,314 | 90,698 | 1.27 | 0.05 | 94,012 | 1.22 | 0.05 |
| Burstone Group Ltd. | -6,959 | 74,610 | 0.61 | 0.03 | 81,569 | 0.67 | 0.03 |
| Emira Property Fund Ltd. | -3,996 | 24,831 | 0.27 | 0.01 | 28,827 | 0.31 | 0.01 |
| Equites Property Fund Ltd. | -7,940 | 103,726 | 1.56 | 0.07 | 111,666 | 1.57 | 0.07 |
| Fairvest Ltd. | 3,786 | 217,137 | 1.14 | 0.05 | 213,351 | 1.00 | 0.04 |
| Growthpoint Properties Ltd. | -33,083 | 434,088 | 5.76 | 0.25 | 467,171 | 6.05 | 0.26 |
| Hammerson plc | -823 | 1,998 | 0.15 | 0.01 | 2,821 | 0.17 | 0.01 |
| Hyprop Investments Ltd. | -2,373 | 49,341 | 2.09 | 0.09 | 51,714 | 2.17 | 0.10 |
| Primary Health Properties plc | 0 | 2,130 | 0.05 | 0.00 | 2,130 | 0.05 | 0.00 |
| Redefine Properties Ltd. | -73,765 | 884,301 | 4.01 | 0.17 | 958,066 | 4.04 | 0.18 |
| Resilient REIT Ltd. | -3,505 | 37,462 | 2.26 | 0.10 | 40,967 | 2.33 | 0.10 |
| SA Corporate Real Estate Ltd. | -5,532 | 332,256 | 1.04 | 0.04 | 337,788 | 0.88 | 0.04 |
| Shaftesbury Capital plc | -540 | 2,632 | 0.10 | 0.00 | 3,172 | 0.09 | 0.00 |
| Sirius Real Estate Ltd. | 3,336 | 58,720 | 1.38 | 0.06 | 55,384 | 1.12 | 0.05 |
| Stor-Age Property REIT Ltd. | -2,457 | 51,737 | 0.83 | 0.04 | 54,194 | 0.79 | 0.03 |
| Vukile Property Fund Ltd. | -12,840 | 156,419 | 3.07 | 0.13 | 169,259 | 2.94 | 0.13 |
| Real Estate Investment Trusts Total | -150,005 | 2,522,086 | 25.60 | 1.09 | 2,672,091 | 25.39 | 1.11 |
| Cashbuild Ltd. | -149 | 407 | 0.06 | 0.00 | 556 | 0.08 | 0.00 |
| Italtile Ltd. | -4,788 | 7,643 | 0.08 | 0.00 | 12,431 | 0.13 | 0.01 |
| Motus Holdings Ltd. | -1,533 | 2,877 | 0.27 | 0.01 | 4,410 | 0.38 | 0.02 |
| Mr Price Group Ltd. | -2,146 | 4,825 | 1.07 | 0.05 | 6,971 | 1.54 | 0.07 |
| Pepkor Holdings Ltd. | -22,484 | 50,488 | 1.38 | 0.06 | 72,972 | 1.87 | 0.08 |
| The Foschini Group Ltd. | -2,784 | 6,144 | 0.79 | 0.03 | 8,928 | 1.10 | 0.05 |
| Truworths International Ltd. | -3,144 | 7,167 | 0.51 | 0.02 | 10,311 | 0.75 | 0.03 |
| We Buy Cars Holdings Ltd. | -1,708 | 4,339 | 0.26 | 0.01 | 6,047 | 0.25 | 0.01 |
| Woolworths Holdings Ltd. | -7,955 | 17,163 | 0.89 | 0.04 | 25,118 | 1.30 | 0.06 |
| Retailers Total | -46,691 | 101,053 | 5.31 | 0.23 | 147,744 | 7.41 | 0.32 |
| Altron Ltd. | -1,517 | 4,322 | 0.09 | 0.00 | 5,839 | 0.12 | 0.01 |
| Bytes Technology Group plc | -419 | 1,160 | 0.14 | 0.01 | 1,579 | 0.18 | 0.01 |
| Datatec Ltd. | -2,109 | 3,777 | 0.25 | 0.01 | 5,886 | 0.33 | 0.01 |
| Karooooo Ltd. | -44 | 105 | 0.09 | 0.00 | 149 | 0.12 | 0.01 |
| Naspers Ltd. | -1,130 | 2,224 | 12.32 | 0.52 | 3,354 | 15.23 | 0.67 |
| Prosus NV | -2,057 | 3,953 | 3.92 | 0.17 | 6,010 | 5.05 | 0.22 |
| Software and Computer Services Total | -7,276 | 15,541 | 16.82 | 0.72 | 22,817 | 21.03 | 0.92 |
| Blu Label Unlimited Group Ltd. | -6,132 | 9,355 | 0.13 | 0.01 | 15,487 | 0.12 | 0.01 |
| MTN Group Ltd. | -15,404 | 34,425 | 4.86 | 0.21 | 49,829 | 6.17 | 0.27 |
| MultiChoice Group Ltd. | -2,166 | 4,268 | 0.50 | 0.02 | 6,434 | 0.71 | 0.03 |
| Telkom SA SOC Ltd. | -2,209 | 5,244 | 0.28 | 0.01 | 7,453 | 0.27 | 0.01 |
| Vodacom Group Ltd. | -5,209 | 11,345 | 1.55 | 0.07 | 16,554 | 2.04 | 0.09 |
| Telecommunications Service Providers Total | -31,120 | 64,637 | 7.32 | 0.31 | 95,757 | 9.31 | 0.41 |
| British American Tobacco plc | -2,222 | 3,928 | 3.30 | 0.14 | 6,150 | 4.61 | 0.20 |
| Tobacco Total | -2,222 | 3,928 | 3.30 | 0.14 | 6,150 | 4.61 | 0.20 |
| Famous Brands Ltd. | -588 | 1,556 | 0.10 | 0.00 | 2,144 | 0.12 | 0.01 |
| Southern Sun Ltd. | -6,419 | 13,891 | 0.12 | 0.01 | 20,310 | 0.17 | 0.01 |
| Sun International Ltd. | -913 | 3,299 | 0.14 | 0.01 | 4,212 | 0.17 | 0.01 |
| Tsogo Sun Ltd. | -2,593 | 9,616 | 0.07 | 0.00 | 12,209 | 0.10 | 0.00 |
| Travel and Leisure Total | -10,513 | 28,362 | 0.44 | 0.02 | 38,875 | 0.57 | 0.03 |
| Portfolio Total | 16,163,443 | 1,545,588,531 | 2,350.22 | 100.00 | 1,529,425,088 | 2,281.91 | 100.00 |