| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Dubai Islamic Bank PSJ | 49,304 | 603,848 | 27.22 | 4.36 | 554,544 | 24.35 | 5.05 |
| Banks Total | 49,304 | 603,848 | 27.22 | 4.36 | 554,544 | 24.35 | 5.05 |
| EOG Resources | 490 | 3,194 | 6.26 | 1.00 | 2,704 | 5.81 | 1.20 |
| Rio Tinto Plc | 431 | 2,811 | 3.20 | 0.51 | 2,380 | 2.49 | 0.52 |
| Basic Resources Total | 921 | 6,005 | 9.46 | 1.52 | 5,084 | 8.29 | 1.72 |
| Cash on call | 0 | 0 | 72.31 | 11.59 | 0 | 47.89 | 9.93 |
| Cash on call Total | 0 | 0 | 72.31 | 11.59 | 0 | 47.89 | 9.93 |
| Sasol Ltd. | -55,524 | 52,771 | 5.67 | 0.91 | 108,295 | 8.70 | 1.80 |
| Henkel KGAA | 911 | 5,935 | 7.61 | 1.22 | 5,024 | 6.41 | 1.33 |
| Chemicals Total | -54,613 | 58,706 | 13.28 | 2.13 | 113,319 | 15.11 | 3.13 |
| NATIONAL CENTRAL COOLING COMPANY | 54,928 | 672,732 | 9.29 | 1.49 | 617,804 | 8.49 | 1.76 |
| Construction Total | 54,928 | 672,732 | 9.29 | 1.49 | 617,804 | 8.49 | 1.76 |
| Raubex Group Ltd. | 18,829 | 122,499 | 5.22 | 0.84 | 103,670 | 4.64 | 0.96 |
| Construction and Materials Total | 18,829 | 122,499 | 5.22 | 0.84 | 103,670 | 4.64 | 0.96 |
| Accenture Ltd | 401 | 2,616 | 11.17 | 1.79 | 2,215 | 11.64 | 2.41 |
| Alphabet Inc C | 239 | 5,542 | 23.40 | 3.75 | 5,303 | 16.81 | 3.49 |
| Cyclical Goods & Services Total | 640 | 8,158 | 34.57 | 5.54 | 7,518 | 28.44 | 5.90 |
| Conocophillips Incorporated | 217 | 1,418 | 2.35 | 0.38 | 1,201 | 1.93 | 0.40 |
| Exxon Mobil Corporation | 251 | 1,641 | 3.24 | 0.52 | 1,390 | 2.70 | 0.56 |
| Energy Total | 468 | 3,059 | 5.59 | 0.90 | 2,591 | 4.63 | 0.96 |
| Industria de Diseno Textil S.A | 7,613 | 7,613 | 7.15 | 1.15 | 0 | 0.00 | 0.00 |
| Equities Total | 7,613 | 7,613 | 7.15 | 1.15 | 0 | 0.00 | 0.00 |
| NewGold | -3,841 | 0 | 2.34 | 0.38 | 3,841 | 2.08 | 0.43 |
| Exchange Traded Funds Total | -3,841 | 0 | 2.34 | 0.38 | 3,841 | 2.08 | 0.43 |
| AVI Ltd. | 40,308 | 262,232 | 25.83 | 4.14 | 221,924 | 20.93 | 4.34 |
| Premier Group Ltd. | 800 | 9,805 | 1.50 | 0.24 | 9,005 | 1.27 | 0.26 |
| Food Producers Total | 41,108 | 272,037 | 27.33 | 4.38 | 230,929 | 22.21 | 4.61 |
| Denmark - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| European - Currency | 0 | 0 | 1.36 | 0.22 | 0 | 0.81 | 0.17 |
| Foreign - Currency | 0 | 0 | 0.21 | 0.03 | 0 | 4.66 | 0.97 |
| Japan - Currency | 0 | 0 | 0.57 | 0.09 | 0 | 0.60 | 0.12 |
| Norway - Cash | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Switzerland - Currency | 0 | 0 | 0.47 | 0.08 | 0 | 0.11 | 0.02 |
| United Kingdom - Currency | 0 | 0 | 0.17 | 0.03 | 0 | 0.17 | 0.04 |
| USA - Currency | 0 | 0 | -51.35 | -8.23 | 0 | -39.74 | -8.24 |
| For Currency Total | 0 | 0 | -48.57 | -7.78 | 0 | -33.39 | -6.92 |
| Foreign - Equities | 0 | 0 | 5.54 | 0.89 | 0 | 0.00 | 0.00 |
| Foreign Invest Total | 0 | 0 | 5.54 | 0.89 | 0 | 0.00 | 0.00 |
| Emaar Properties | 20,042 | 245,470 | 15.07 | 2.42 | 225,428 | 14.84 | 3.08 |
| Foreign Property Total | 20,042 | 245,470 | 15.07 | 2.42 | 225,428 | 14.84 | 3.08 |
| Mondi plc | -16,493 | 14,388 | 3.40 | 0.54 | 30,881 | 8.98 | 1.86 |
| The Bidvest Group Ltd. | 18,594 | 120,972 | 25.52 | 4.09 | 102,378 | 24.07 | 4.99 |
| General Industrials Total | 2,101 | 135,360 | 28.92 | 4.63 | 133,259 | 33.05 | 6.85 |
| Procter & Gamble Company | 0 | 653 | 1.73 | 0.28 | 653 | 1.86 | 0.38 |
| Goods & Services Total | 0 | 653 | 1.73 | 0.28 | 653 | 1.86 | 0.38 |
| Netcare Ltd. | 205,607 | 1,337,607 | 19.14 | 3.07 | 1,132,000 | 15.81 | 3.28 |
| Health Care Providers Total | 205,607 | 1,337,607 | 19.14 | 3.07 | 1,132,000 | 15.81 | 3.28 |
| Roche Holding AG | 106 | 696 | 3.88 | 0.62 | 590 | 3.42 | 0.71 |
| Ulta Beauty Inc | -571 | 393 | 3.76 | 0.60 | 964 | 7.85 | 1.63 |
| Healthcare Total | -465 | 1,089 | 7.64 | 1.22 | 1,554 | 11.27 | 2.34 |
| Anglo American plc | 19,658 | 19,659 | 12.68 | 2.03 | 1 | 0.00 | 0.00 |
| BHP Group Ltd. | 3,504 | 22,802 | 10.91 | 1.75 | 19,298 | 8.22 | 1.70 |
| Glencore plc | 25,749 | 167,518 | 13.40 | 2.15 | 141,769 | 9.84 | 2.04 |
| Kumba Iron Ore Ltd. | 30,781 | 30,781 | 10.04 | 1.61 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 79,692 | 240,760 | 47.03 | 7.54 | 161,068 | 18.05 | 3.74 |
| Clicks Group Ltd. | 12,847 | 83,583 | 29.59 | 4.74 | 70,736 | 26.34 | 5.46 |
| Personal Care, Drug and Grocery Stores Total | 12,847 | 83,583 | 29.59 | 4.74 | 70,736 | 26.34 | 5.46 |
| Adcock Ingram Holdings Ltd. | 8,351 | 54,337 | 3.91 | 0.63 | 45,986 | 2.34 | 0.49 |
| Pharmaceuticals and Biotechnology Total | 8,351 | 54,337 | 3.91 | 0.63 | 45,986 | 2.34 | 0.49 |
| AngloGold Ashanti plc | 3,926 | 25,546 | 30.38 | 4.87 | 21,620 | 17.24 | 3.58 |
| Gold Fields Ltd. | 4,283 | 47,532 | 34.09 | 5.46 | 43,249 | 17.99 | 3.73 |
| Harmony Gold Mining Company Ltd. | -20,080 | 20,264 | 6.22 | 1.00 | 40,344 | 9.74 | 2.02 |
| Impala Platinum Holdings Ltd. | 20,780 | 135,195 | 29.43 | 4.72 | 114,415 | 18.23 | 3.78 |
| Sibanye Stillwater Ltd. | -98,977 | 154,130 | 7.58 | 1.21 | 253,107 | 8.18 | 1.70 |
| Valterra Platinum Ltd. | 8,039 | 9,396 | 11.35 | 1.82 | 1,357 | 1.07 | 0.22 |
| Precious Metals and Mining Total | -82,029 | 392,063 | 119.06 | 19.08 | 474,092 | 72.45 | 15.03 |
| TJX Companies Incorporated | 941 | 6,128 | 15.20 | 2.44 | 5,187 | 11.38 | 2.36 |
| Visa Inc | 347 | 2,263 | 13.30 | 2.13 | 1,916 | 11.88 | 2.46 |
| Retail Total | 1,288 | 8,391 | 28.50 | 4.57 | 7,103 | 23.25 | 4.82 |
| Italtile Ltd. | 22,954 | 149,335 | 1.42 | 0.23 | 126,381 | 1.27 | 0.26 |
| Motus Holdings Ltd. | 18,662 | 121,417 | 12.62 | 2.02 | 102,755 | 9.71 | 2.01 |
| Mr Price Group Ltd. | 41,947 | 116,209 | 23.74 | 3.80 | 74,262 | 16.47 | 3.41 |
| Pepkor Holdings Ltd. | 146,065 | 950,256 | 23.26 | 3.73 | 804,191 | 21.94 | 4.55 |
| Retailers Total | 229,628 | 1,337,217 | 61.05 | 9.78 | 1,107,589 | 49.38 | 10.24 |
| Microsoft Corporation | 14 | 1,173 | 10.43 | 1.67 | 1,159 | 10.22 | 2.12 |
| Nvidia Corporation | 158 | 4,292 | 13.49 | 2.16 | 4,134 | 11.60 | 2.40 |
| Qualcomm AG | 279 | 1,820 | 5.20 | 0.83 | 1,541 | 4.34 | 0.90 |
| Technology Total | 451 | 7,285 | 29.12 | 4.67 | 6,834 | 26.16 | 5.42 |
| Huge Group Ltd. | 0 | 517,412 | 0.39 | 0.06 | 517,412 | 0.98 | 0.20 |
| MTN Group Ltd. | 22,314 | 244,661 | 34.32 | 5.50 | 222,347 | 31.41 | 6.51 |
| Telkom SA SOC Ltd. | 70,573 | 204,856 | 10.49 | 1.68 | 134,283 | 7.10 | 1.47 |
| Vodacom Group Ltd. | 20,155 | 131,130 | 17.40 | 2.79 | 110,975 | 15.16 | 3.14 |
| Telecommunications Service Providers Total | 113,042 | 1,098,059 | 62.60 | 10.03 | 985,017 | 54.65 | 11.33 |
| Portfolio Total | 705,912 | 6,696,531 | 624.10 | 100.00 | 5,990,619 | 482.20 | 100.00 |