| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 0 | 24,020 | 4.22 | 2.90 | 24,020 | 4.24 | 2.96 |
| FirstRand Ltd. | 0 | 39,979 | 3.05 | 2.10 | 39,979 | 2.88 | 2.01 |
| Standard Bank Group Ltd. | 0 | 9,821 | 2.24 | 1.54 | 9,821 | 2.36 | 1.65 |
| Banks Total | 0 | 73,820 | 9.50 | 6.54 | 73,820 | 9.47 | 6.61 |
| Anheuser-Busch InBev SA/NV | -200 | 960 | 1.17 | 0.80 | 1,160 | 1.31 | 0.92 |
| Beverages Total | -200 | 960 | 1.17 | 0.80 | 1,160 | 1.31 | 0.92 |
| SA Bond BNDS | 0 | 0 | 2.25 | 1.55 | 0 | 2.25 | 1.57 |
| SA Bond I2033 | -2,706,194 | 1,550,806 | 2.01 | 1.38 | 4,257,000 | 5.43 | 3.79 |
| SA Bond R2035 | 0 | 6,600,000 | 6.36 | 4.38 | 6,600,000 | 5.96 | 4.16 |
| SA Bond R2037 | 1,631,600 | 2,931,600 | 2.66 | 1.83 | 1,300,000 | 1.10 | 0.77 |
| SA Bond R2038 | -3,500,000 | 0 | 0.00 | 0.00 | 3,500,000 | 3.44 | 2.40 |
| SA Bond R2040 | 0 | 1,725,000 | 1.56 | 1.07 | 1,725,000 | 1.45 | 1.01 |
| SA Bond R2044 | 0 | 1,500,000 | 1.28 | 0.88 | 1,500,000 | 1.19 | 0.83 |
| SA Bond R2048 | 0 | 2,500,000 | 2.09 | 1.43 | 2,500,000 | 1.95 | 1.37 |
| SA Bond R214 | 0 | 2,220,000 | 1.55 | 1.07 | 2,220,000 | 1.44 | 1.01 |
| Bond Total | -4,574,594 | 19,027,406 | 19.74 | 13.58 | 23,602,000 | 24.22 | 16.92 |
| iShares 7-10 Year Treasury Bond ETF | 0 | 3,096 | 5.25 | 3.61 | 3,096 | 5.41 | 3.78 |
| iShares USD Treasury Bond 3-7yr UCITS ETF | 0 | 2,742 | 5.79 | 3.99 | 2,742 | 5.95 | 4.15 |
| Bonds Total | 0 | 5,838 | 11.04 | 7.60 | 5,838 | 11.36 | 7.93 |
| Cash on call | 0 | 0 | 0.19 | 0.13 | 0 | 0.37 | 0.26 |
| Margin Account | 0 | 0 | 0.00 | 0.00 | 0 | 0.01 | 0.01 |
| Cash on call Total | 0 | 0 | 0.19 | 0.13 | 0 | 0.38 | 0.27 |
| Sasol Ltd. | 0 | 6,448 | 0.52 | 0.36 | 6,448 | 0.49 | 0.34 |
| Chemicals Total | 0 | 6,448 | 0.52 | 0.36 | 6,448 | 0.49 | 0.34 |
| PPC Ltd. | 0 | 173,429 | 0.90 | 0.62 | 173,429 | 0.81 | 0.57 |
| Wilson Bayly Holmes - Ovcon Ltd. | -1,346 | 6,654 | 1.23 | 0.84 | 8,000 | 1.46 | 1.02 |
| Construction and Materials Total | -1,346 | 180,083 | 2.13 | 1.46 | 181,429 | 2.27 | 1.59 |
| Bond Derivative | 0 | 0 | 5.75 | 3.96 | 0 | 0.00 | 0.00 |
| Derivatives Total | 0 | 0 | 5.75 | 3.96 | 0 | 0.00 | 0.00 |
| Reunert Ltd. | 10,100 | 17,600 | 1.03 | 0.71 | 7,500 | 0.46 | 0.32 |
| Electronic and Electrical Equipment Total | 10,100 | 17,600 | 1.03 | 0.71 | 7,500 | 0.46 | 0.32 |
| iShares MSCI Europe Index Fund | 2,936 | 2,936 | 2.08 | 1.43 | 0 | 0.00 | 0.00 |
| Sasfin Global Equity Fund A | -59,913 | 86,367 | 2.70 | 1.86 | 146,280 | 4.45 | 3.11 |
| Equities Total | -56,977 | 89,303 | 4.78 | 3.29 | 146,280 | 4.45 | 3.11 |
| United Kingdom - Currency | 0 | 0 | 0.10 | 0.07 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 1.68 | 1.16 | 0 | 0.13 | 0.09 |
| For Currency Total | 0 | 0 | 1.78 | 1.22 | 0 | 0.13 | 0.09 |
| Foreign - Unit Trusts | 0 | 0 | 2.98 | 2.05 | 0 | 0.00 | 0.00 |
| Foreign Invest Total | 0 | 0 | 2.98 | 2.05 | 0 | 0.00 | 0.00 |
| Sasfin BCI Flexible Income - B | 335,290 | 16,684,930 | 17.80 | 12.24 | 16,349,640 | 17.21 | 12.02 |
| Income Total | 335,290 | 16,684,930 | 17.80 | 12.24 | 16,349,640 | 17.21 | 12.02 |
| Anglo American plc | -332 | 2,444 | 1.27 | 0.88 | 2,776 | 1.43 | 1.00 |
| BHP Group Ltd. | 0 | 3,538 | 1.51 | 1.04 | 3,538 | 1.55 | 1.08 |
| Glencore plc | 0 | 15,324 | 1.06 | 0.73 | 15,324 | 1.03 | 0.72 |
| Kumba Iron Ore Ltd. | 0 | 5,828 | 1.66 | 1.14 | 5,828 | 1.82 | 1.27 |
| Industrial Metals and Mining Total | -332 | 27,134 | 5.51 | 3.79 | 27,466 | 5.82 | 4.07 |
| Berkshire Hathaway Inc | 0 | 507 | 4.38 | 3.01 | 507 | 4.91 | 3.43 |
| Insurance Total | 0 | 507 | 4.38 | 3.01 | 507 | 4.91 | 3.43 |
| Reinet Investments SCA | 0 | 2,737 | 1.57 | 1.08 | 2,737 | 1.23 | 0.86 |
| Remgro Ltd. | 0 | 15,158 | 2.39 | 1.64 | 15,158 | 2.36 | 1.65 |
| Investment Banking and Brokerage Services Total | 0 | 17,895 | 3.96 | 2.72 | 17,895 | 3.59 | 2.50 |
| Old Mutual Ltd. | 0 | 150,000 | 1.80 | 1.24 | 150,000 | 1.79 | 1.25 |
| Life Insurance Total | 0 | 150,000 | 1.80 | 1.24 | 150,000 | 1.79 | 1.25 |
| Sasfin BCI High Grade MM - E | -1,484,740 | 333,442 | 0.34 | 0.23 | 1,818,182 | 1.83 | 1.27 |
| Money Market Total | -1,484,740 | 333,442 | 0.34 | 0.23 | 1,818,182 | 1.83 | 1.27 |
| iShares Core MSCI World UCITS ETF | -2,806 | 10,321 | 21.59 | 14.85 | 13,127 | 25.24 | 17.63 |
| Offshore Intern Total | -2,806 | 10,321 | 21.59 | 14.85 | 13,127 | 25.24 | 17.63 |
| Exxaro Resources Ltd. | 0 | 11,228 | 1.65 | 1.13 | 11,228 | 1.67 | 1.17 |
| Oil, Gas and Coal Total | 0 | 11,228 | 1.65 | 1.13 | 11,228 | 1.67 | 1.17 |
| Dis-Chem Pharmacies Ltd. | 26,400 | 26,400 | 0.86 | 0.59 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 26,400 | 26,400 | 0.86 | 0.59 | 0 | 0.00 | 0.00 |
| Compagnie Financière Richemont SA | -195 | 695 | 2.32 | 1.59 | 890 | 2.84 | 1.99 |
| Personal Goods Total | -195 | 695 | 2.32 | 1.59 | 890 | 2.84 | 1.99 |
| Fortress Real Estate Investments Ltd. | 0 | 86,333 | 1.72 | 1.19 | 86,333 | 1.64 | 1.14 |
| NEPI Rockcastle NV | 0 | 7,763 | 1.05 | 0.72 | 7,763 | 1.03 | 0.72 |
| Real Estate Investment and Services Total | 0 | 94,096 | 2.78 | 1.91 | 94,096 | 2.67 | 1.86 |
| Attacq Ltd. | 0 | 39,058 | 0.55 | 0.38 | 39,058 | 0.51 | 0.35 |
| Growthpoint Properties Ltd. | 0 | 145,160 | 1.93 | 1.33 | 145,160 | 1.88 | 1.31 |
| Vukile Property Fund Ltd. | 0 | 119,191 | 2.34 | 1.61 | 119,191 | 2.07 | 1.45 |
| Real Estate Investment Trusts Total | 0 | 303,409 | 4.81 | 3.31 | 303,409 | 4.46 | 3.11 |
| Naspers Ltd. | -190 | 1,632 | 9.04 | 6.22 | 1,822 | 8.28 | 5.78 |
| Software and Computer Services Total | -190 | 1,632 | 9.04 | 6.22 | 1,822 | 8.28 | 5.78 |
| MTN Group Ltd. | -3,806 | 24,245 | 3.42 | 2.36 | 28,051 | 3.48 | 2.43 |
| Telecommunications Service Providers Total | -3,806 | 24,245 | 3.42 | 2.36 | 28,051 | 3.48 | 2.43 |
| British American Tobacco plc | -311 | 2,949 | 2.52 | 1.73 | 3,260 | 2.49 | 1.74 |
| Tobacco Total | -311 | 2,949 | 2.52 | 1.73 | 3,260 | 2.49 | 1.74 |
| Spur Corporation Ltd. | -14,257 | 30,543 | 1.02 | 0.70 | 44,800 | 1.46 | 1.02 |
| Sun International Ltd. | 0 | 22,160 | 0.96 | 0.66 | 22,160 | 0.92 | 0.64 |
| Travel and Leisure Total | -14,257 | 52,703 | 1.99 | 1.37 | 66,960 | 2.38 | 1.66 |
| Portfolio Total | -5,767,964 | 37,143,044 | 145.38 | 100.00 | 42,911,008 | 143.20 | 100.00 |