| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -2,630 | 21,390 | 3.87 | 2.72 | 24,020 | 4.22 | 2.90 |
| FirstRand Ltd. | -4,067 | 35,912 | 2.80 | 1.96 | 39,979 | 3.05 | 2.10 |
| Standard Bank Group Ltd. | 0 | 9,821 | 2.32 | 1.63 | 9,821 | 2.24 | 1.54 |
| Banks Total | -6,697 | 67,123 | 8.99 | 6.31 | 73,820 | 9.50 | 6.54 |
| Anheuser-Busch InBev SA/NV | 0 | 960 | 0.99 | 0.70 | 960 | 1.17 | 0.80 |
| Beverages Total | 0 | 960 | 0.99 | 0.70 | 960 | 1.17 | 0.80 |
| SA Bond BNDS | 0 | 0 | 1.93 | 1.35 | 0 | 2.25 | 1.55 |
| SA Bond I2033 | 0 | 1,550,806 | 2.08 | 1.46 | 1,550,806 | 2.01 | 1.38 |
| SA Bond R2035 | 0 | 6,600,000 | 6.54 | 4.59 | 6,600,000 | 6.36 | 4.38 |
| SA Bond R2037 | 0 | 2,931,600 | 2.74 | 1.93 | 2,931,600 | 2.66 | 1.83 |
| SA Bond R2040 | 0 | 1,725,000 | 1.61 | 1.13 | 1,725,000 | 1.56 | 1.07 |
| SA Bond R2044 | 0 | 1,500,000 | 1.33 | 0.93 | 1,500,000 | 1.28 | 0.88 |
| SA Bond R2048 | 0 | 2,500,000 | 2.18 | 1.53 | 2,500,000 | 2.09 | 1.43 |
| SA Bond R214 | 0 | 2,220,000 | 1.62 | 1.14 | 2,220,000 | 1.55 | 1.07 |
| Bond Total | 0 | 19,027,406 | 20.03 | 14.07 | 19,027,406 | 19.74 | 13.58 |
| iShares 7-10 Year Treasury Bond ETF | 0 | 3,096 | 5.16 | 3.63 | 3,096 | 5.25 | 3.61 |
| iShares USD Treasury Bond 3-7yr UCITS ETF | 0 | 2,742 | 5.66 | 3.98 | 2,742 | 5.79 | 3.99 |
| Bonds Total | 0 | 5,838 | 10.82 | 7.61 | 5,838 | 11.04 | 7.60 |
| Cash on call | 0 | 0 | 0.53 | 0.37 | 0 | 0.19 | 0.13 |
| Cash on call Total | 0 | 0 | 0.53 | 0.37 | 0 | 0.19 | 0.13 |
| Sasol Ltd. | 0 | 6,448 | 0.69 | 0.49 | 6,448 | 0.52 | 0.36 |
| Chemicals Total | 0 | 6,448 | 0.69 | 0.49 | 6,448 | 0.52 | 0.36 |
| PPC Ltd. | 0 | 173,429 | 0.94 | 0.66 | 173,429 | 0.90 | 0.62 |
| Wilson Bayly Holmes - Ovcon Ltd. | 0 | 6,654 | 1.00 | 0.70 | 6,654 | 1.23 | 0.84 |
| Construction and Materials Total | 0 | 180,083 | 1.93 | 1.36 | 180,083 | 2.13 | 1.46 |
| Bond Derivative | 0 | 0 | 5.89 | 4.14 | 0 | 5.75 | 3.96 |
| Derivatives Total | 0 | 0 | 5.89 | 4.14 | 0 | 5.75 | 3.96 |
| Reunert Ltd. | 0 | 17,600 | 0.94 | 0.66 | 17,600 | 1.03 | 0.71 |
| Electronic and Electrical Equipment Total | 0 | 17,600 | 0.94 | 0.66 | 17,600 | 1.03 | 0.71 |
| iShares MSCI Europe Index Fund | 0 | 2,936 | 2.06 | 1.45 | 2,936 | 2.08 | 1.43 |
| Sasfin Global Equity Fund A | 0 | 86,367 | 2.75 | 1.93 | 86,367 | 2.70 | 1.86 |
| Equities Total | 0 | 89,303 | 4.81 | 3.38 | 89,303 | 4.78 | 3.29 |
| NewGold | 4,970 | 4,970 | 3.03 | 2.13 | 0 | 0.00 | 0.00 |
| Exchange Traded Funds Total | 4,970 | 4,970 | 3.03 | 2.13 | 0 | 0.00 | 0.00 |
| European - Currency | 1,016 | 1,016 | 0.02 | 0.01 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 4,042 | 4,042 | 0.09 | 0.07 | 0 | 0.10 | 0.07 |
| USA - Currency | 16,846 | 16,846 | 0.29 | 0.20 | 0 | 1.68 | 1.16 |
| For Currency Total | 21,904 | 21,904 | 0.41 | 0.29 | 0 | 1.78 | 1.22 |
| Foreign - Unit Trusts | 1,600 | 1,600 | 3.26 | 2.29 | 0 | 2.98 | 2.05 |
| Foreign Invest Total | 1,600 | 1,600 | 3.26 | 2.29 | 0 | 2.98 | 2.05 |
| Sasfin BCI Flexible Income - B | -6,918,051 | 9,766,879 | 10.68 | 7.50 | 16,684,930 | 17.80 | 12.24 |
| Income Total | -6,918,051 | 9,766,879 | 10.68 | 7.50 | 16,684,930 | 17.80 | 12.24 |
| Anglo American plc | 0 | 2,444 | 1.58 | 1.11 | 2,444 | 1.27 | 0.88 |
| BHP Group Ltd. | 0 | 3,538 | 1.69 | 1.19 | 3,538 | 1.51 | 1.04 |
| Glencore plc | 0 | 15,324 | 1.23 | 0.86 | 15,324 | 1.06 | 0.73 |
| Kumba Iron Ore Ltd. | 0 | 5,828 | 1.90 | 1.34 | 5,828 | 1.66 | 1.14 |
| Industrial Metals and Mining Total | 0 | 27,134 | 6.40 | 4.49 | 27,134 | 5.51 | 3.79 |
| Berkshire Hathaway Inc | 0 | 507 | 4.37 | 3.07 | 507 | 4.38 | 3.01 |
| Insurance Total | 0 | 507 | 4.37 | 3.07 | 507 | 4.38 | 3.01 |
| Reinet Investments SCA | 0 | 2,737 | 1.38 | 0.97 | 2,737 | 1.57 | 1.08 |
| Remgro Ltd. | 0 | 15,158 | 2.56 | 1.80 | 15,158 | 2.39 | 1.64 |
| Investment Banking and Brokerage Services Total | 0 | 17,895 | 3.94 | 2.77 | 17,895 | 3.96 | 2.72 |
| Old Mutual Ltd. | 0 | 150,000 | 2.00 | 1.40 | 150,000 | 1.80 | 1.24 |
| Life Insurance Total | 0 | 150,000 | 2.00 | 1.40 | 150,000 | 1.80 | 1.24 |
| eMedia Holdings Ltd. | 6,360 | 6,360 | 0.01 | 0.01 | 0 | 0.00 | 0.00 |
| Media Total | 6,360 | 6,360 | 0.01 | 0.01 | 0 | 0.00 | 0.00 |
| Sasfin BCI High Grade MM - E | 2,349,098 | 2,682,540 | 2.70 | 1.89 | 333,442 | 0.34 | 0.23 |
| Money Market Total | 2,349,098 | 2,682,540 | 2.70 | 1.89 | 333,442 | 0.34 | 0.23 |
| iShares Core MSCI World UCITS ETF | -687 | 9,634 | 20.97 | 14.73 | 10,321 | 21.59 | 14.85 |
| Offshore Intern Total | -687 | 9,634 | 20.97 | 14.73 | 10,321 | 21.59 | 14.85 |
| Exxaro Resources Ltd. | 0 | 11,228 | 2.01 | 1.41 | 11,228 | 1.65 | 1.13 |
| Oil, Gas and Coal Total | 0 | 11,228 | 2.01 | 1.41 | 11,228 | 1.65 | 1.13 |
| Dis-Chem Pharmacies Ltd. | 0 | 26,400 | 0.86 | 0.61 | 26,400 | 0.86 | 0.59 |
| Personal Care, Drug and Grocery Stores Total | 0 | 26,400 | 0.86 | 0.61 | 26,400 | 0.86 | 0.59 |
| Compagnie Financière Richemont SA | 0 | 695 | 2.27 | 1.60 | 695 | 2.32 | 1.59 |
| Personal Goods Total | 0 | 695 | 2.27 | 1.60 | 695 | 2.32 | 1.59 |
| Fortress Real Estate Investments Ltd. | 0 | 86,333 | 1.97 | 1.38 | 86,333 | 1.72 | 1.19 |
| NEPI Rockcastle NV | 0 | 7,763 | 1.07 | 0.75 | 7,763 | 1.05 | 0.72 |
| Real Estate Investment and Services Total | 0 | 94,096 | 3.04 | 2.14 | 94,096 | 2.78 | 1.91 |
| Attacq Ltd. | 0 | 39,058 | 0.54 | 0.38 | 39,058 | 0.55 | 0.38 |
| Growthpoint Properties Ltd. | 0 | 145,160 | 2.14 | 1.51 | 145,160 | 1.93 | 1.33 |
| Vukile Property Fund Ltd. | 0 | 119,191 | 2.49 | 1.75 | 119,191 | 2.34 | 1.61 |
| Real Estate Investment Trusts Total | 0 | 303,409 | 5.17 | 3.63 | 303,409 | 4.81 | 3.31 |
| Naspers Ltd. | -189 | 1,443 | 9.09 | 6.39 | 1,632 | 9.04 | 6.22 |
| Software and Computer Services Total | -189 | 1,443 | 9.09 | 6.39 | 1,632 | 9.04 | 6.22 |
| MTN Group Ltd. | -5,074 | 19,171 | 2.69 | 1.89 | 24,245 | 3.42 | 2.36 |
| Telecommunications Service Providers Total | -5,074 | 19,171 | 2.69 | 1.89 | 24,245 | 3.42 | 2.36 |
| British American Tobacco plc | -897 | 2,052 | 1.87 | 1.31 | 2,949 | 2.52 | 1.73 |
| Tobacco Total | -897 | 2,052 | 1.87 | 1.31 | 2,949 | 2.52 | 1.73 |
| Spur Corporation Ltd. | 0 | 30,543 | 1.04 | 0.73 | 30,543 | 1.02 | 0.70 |
| Sun International Ltd. | 0 | 22,160 | 0.89 | 0.63 | 22,160 | 0.96 | 0.66 |
| Travel and Leisure Total | 0 | 52,703 | 1.93 | 1.36 | 52,703 | 1.99 | 1.37 |
| Portfolio Total | -4,547,663 | 32,595,381 | 142.33 | 100.00 | 37,143,044 | 145.38 | 100.00 |