| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 3,164 | 31,677 | 5.57 | 0.53 | 28,513 | 5.03 | 0.53 |
| Capitec Bank Holdings Ltd. | 193 | 1,005 | 3.57 | 0.34 | 812 | 2.50 | 0.27 |
| FirstRand Ltd. | 2,746 | 92,093 | 7.02 | 0.67 | 89,347 | 6.43 | 0.68 |
| Investec Ltd. | 1,627 | 9,313 | 1.23 | 0.12 | 7,686 | 0.87 | 0.09 |
| Investec plc | 6,956 | 25,429 | 3.36 | 0.32 | 18,473 | 2.09 | 0.22 |
| Nedbank Group Ltd. | -919 | 0 | 0.00 | 0.00 | 919 | 0.24 | 0.03 |
| Standard Bank Group Ltd. | -3,534 | 29,008 | 6.60 | 0.63 | 32,542 | 7.82 | 0.83 |
| Banks Total | 10,233 | 188,525 | 27.35 | 2.62 | 178,292 | 24.97 | 2.65 |
| Anheuser-Busch InBev SA/NV | 648 | 3,581 | 4.36 | 0.42 | 2,933 | 3.31 | 0.35 |
| Beverages Total | 648 | 3,581 | 4.36 | 0.42 | 2,933 | 3.31 | 0.35 |
| SA Bond BNDS | 0 | 0 | 39.41 | 3.78 | 0 | 37.15 | 3.94 |
| SA Bond DV29 | 0 | 600,000 | 0.64 | 0.06 | 600,000 | 0.62 | 0.07 |
| SA Bond EMM04 | -22,222 | 133,334 | 0.13 | 0.01 | 155,556 | 0.15 | 0.02 |
| SA Bond ES26 | 0 | 400,000 | 0.41 | 0.04 | 400,000 | 0.41 | 0.04 |
| SA Bond ES33 | 0 | 6,940,000 | 5.95 | 0.57 | 6,940,000 | 5.56 | 0.59 |
| SA Bond FRB34 | 0 | 11,000,000 | 11.42 | 1.09 | 11,000,000 | 11.19 | 1.19 |
| SA Bond FRB37 | 0 | 5,000,000 | 5.06 | 0.49 | 5,000,000 | 5.06 | 0.54 |
| SA Bond FRB44 | 3,000,000 | 3,000,000 | 3.02 | 0.29 | 0 | 0.00 | 0.00 |
| SA Bond I2031 | -1,100,000 | 7,420,000 | 8.07 | 0.77 | 8,520,000 | 9.15 | 0.97 |
| SA Bond NGT115 | 2,000,000 | 2,000,000 | 2.05 | 0.20 | 0 | 0.00 | 0.00 |
| SA Bond NHM026 | 0 | 1,000,000 | 1.01 | 0.10 | 1,000,000 | 1.01 | 0.11 |
| SA Bond NRA028 | 0 | 100,000 | 0.11 | 0.01 | 100,000 | 0.11 | 0.01 |
| SA Bond R186 | 960,000 | 8,630,000 | 8.98 | 0.86 | 7,670,000 | 8.16 | 0.87 |
| SA Bond R2030 | 220,000 | 630,000 | 0.64 | 0.06 | 410,000 | 0.40 | 0.04 |
| SA Bond R2032 | 23,000,000 | 31,140,000 | 30.38 | 2.91 | 8,140,000 | 7.49 | 0.79 |
| SA Bond R2035 | -13,620,000 | 6,470,000 | 6.24 | 0.60 | 20,090,000 | 18.15 | 1.93 |
| SA Bond R2037 | -10,370,000 | 24,970,000 | 22.62 | 2.17 | 35,340,000 | 29.90 | 3.17 |
| SA Bond R2038 | 2,571,727 | 4,711,727 | 4.96 | 0.48 | 2,140,000 | 4.63 | 0.49 |
| SA Bond R2040 | 100,000 | 6,050,000 | 5.47 | 0.52 | 5,950,000 | 5.00 | 0.53 |
| SA Bond R2048 | 0 | 650,000 | 0.54 | 0.05 | 650,000 | 0.51 | 0.05 |
| SA Bond RW28 | 0 | 300,000 | 0.31 | 0.03 | 300,000 | 0.31 | 0.03 |
| SA Bond SBT109 | 0 | 5,000,000 | 5.15 | 0.49 | 5,000,000 | 5.12 | 0.54 |
| SA Bond SBT114 | 1,000,000 | 1,000,000 | 1.00 | 0.10 | 0 | 0.00 | 0.00 |
| SA Bond TN27 | 0 | 700,000 | 0.69 | 0.07 | 700,000 | 0.69 | 0.07 |
| SA Bond TN40 | 0 | 60,000 | 0.05 | 0.01 | 60,000 | 0.06 | 0.01 |
| Bond Total | 7,739,505 | 127,905,061 | 164.31 | 15.75 | 120,165,556 | 150.83 | 16.00 |
| Cash on call | 0 | 0 | 20.14 | 1.93 | 0 | 82.10 | 8.71 |
| Cash on call Total | 0 | 0 | 20.14 | 1.93 | 0 | 82.10 | 8.71 |
| AECI Ltd. | 274 | 2,875 | 0.31 | 0.03 | 2,601 | 0.25 | 0.03 |
| Omnia Holdings Ltd. | -632 | 4,630 | 0.37 | 0.04 | 5,262 | 0.35 | 0.04 |
| Sasol Ltd. | 3,742 | 5,062 | 0.41 | 0.04 | 1,320 | 0.10 | 0.01 |
| Chemicals Total | 3,384 | 12,567 | 1.08 | 0.10 | 9,183 | 0.71 | 0.08 |
| PPC Ltd. | 4,346 | 87,395 | 0.45 | 0.04 | 83,049 | 0.39 | 0.04 |
| Wilson Bayly Holmes - Ovcon Ltd. | -519 | 1,296 | 0.24 | 0.02 | 1,815 | 0.33 | 0.04 |
| Construction and Materials Total | 3,827 | 88,691 | 0.69 | 0.07 | 84,864 | 0.72 | 0.08 |
| Equity Derivative | 0 | 0 | -0.15 | -0.01 | 0 | 7.45 | 0.79 |
| Derivatives Total | 0 | 0 | -0.15 | -0.01 | 0 | 7.45 | 0.79 |
| JP Morgan Chase & Company | 0 | 2 | 0.35 | 0.03 | 2 | 0.36 | 0.04 |
| Financials Total | 0 | 2 | 0.35 | 0.03 | 2 | 0.36 | 0.04 |
| Astral Foods Ltd. | -106 | 2,056 | 0.37 | 0.04 | 2,162 | 0.36 | 0.04 |
| AVI Ltd. | 0 | 2,408 | 0.23 | 0.02 | 2,408 | 0.21 | 0.02 |
| Oceana Group Ltd. | 0 | 2,687 | 0.14 | 0.01 | 2,687 | 0.16 | 0.02 |
| RCL Foods Ltd. | 0 | 24,103 | 0.26 | 0.03 | 24,103 | 0.23 | 0.02 |
| Tiger Brands Ltd. | -762 | 0 | 0.00 | 0.00 | 762 | 0.21 | 0.02 |
| Food Producers Total | -868 | 31,254 | 1.00 | 0.10 | 32,122 | 1.17 | 0.12 |
| United Kingdom - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | -22.18 | -2.13 | 0 | -110.72 | -11.75 |
| For Currency Total | 0 | 0 | -22.18 | -2.13 | 0 | -110.72 | -11.75 |
| Foreign - Bonds | 0 | 0 | 0.00 | 0.00 | 0 | 2.67 | 0.28 |
| Foreign - Unit Trusts | 0 | 0 | 158.67 | 15.21 | 0 | 196.08 | 20.80 |
| Foreign Invest Total | 0 | 0 | 158.67 | 15.21 | 0 | 198.75 | 21.09 |
| Unit Trusts - Equity | 0 | 0 | 18.55 | 1.78 | 0 | 0.00 | 0.00 |
| General Equity Total | 0 | 0 | 18.55 | 1.78 | 0 | 0.00 | 0.00 |
| Barloworld Ltd. | 0 | 1,224 | 0.14 | 0.01 | 1,224 | 0.13 | 0.01 |
| KAP Ltd. | 0 | 73,175 | 0.15 | 0.01 | 73,175 | 0.18 | 0.02 |
| Mondi plc | 0 | 944 | 0.27 | 0.03 | 944 | 0.26 | 0.03 |
| Mpact Ltd. | 0 | 6,020 | 0.15 | 0.01 | 6,020 | 0.18 | 0.02 |
| General Industrials Total | 0 | 81,363 | 0.71 | 0.07 | 81,363 | 0.75 | 0.08 |
| M&G High Interest - B | 2,797,428 | 11,321,606 | 11.52 | 1.10 | 8,524,178 | 8.66 | 0.92 |
| Income Total | 2,797,428 | 11,321,606 | 11.52 | 1.10 | 8,524,178 | 8.66 | 0.92 |
| Sappi Ltd. | 7,655 | 29,534 | 0.88 | 0.08 | 21,879 | 0.80 | 0.08 |
| Industrial Materials Total | 7,655 | 29,534 | 0.88 | 0.08 | 21,879 | 0.80 | 0.08 |
| Afrimat Ltd. | -3,530 | 0 | 0.00 | 0.00 | 3,530 | 0.21 | 0.02 |
| Anglo American plc | -3,476 | 6,479 | 3.37 | 0.32 | 9,955 | 5.13 | 0.54 |
| BHP Group Ltd. | -51 | 1,628 | 0.69 | 0.07 | 1,679 | 0.73 | 0.08 |
| Glencore plc | 27,613 | 43,015 | 2.98 | 0.29 | 15,402 | 1.03 | 0.11 |
| Kumba Iron Ore Ltd. | -590 | 1,111 | 0.32 | 0.03 | 1,701 | 0.53 | 0.06 |
| Industrial Metals and Mining Total | 19,966 | 52,233 | 7.37 | 0.71 | 32,267 | 7.63 | 0.81 |
| Grindrod Ltd. | 2,404 | 83,590 | 1.05 | 0.10 | 81,186 | 0.99 | 0.11 |
| Industrial Transportation Total | 2,404 | 83,590 | 1.05 | 0.10 | 81,186 | 0.99 | 0.11 |
| Quilter plc | 4,210 | 20,845 | 0.79 | 0.08 | 16,635 | 0.59 | 0.06 |
| Reinet Investments SCA | -321 | 5,104 | 2.93 | 0.28 | 5,425 | 2.43 | 0.26 |
| Remgro Ltd. | -1,096 | 12,108 | 1.91 | 0.18 | 13,204 | 2.05 | 0.22 |
| Investment Banking and Brokerage Services Total | 2,793 | 38,057 | 5.63 | 0.54 | 35,264 | 5.08 | 0.54 |
| Discovery Ltd. | 1,152 | 7,944 | 1.71 | 0.16 | 6,792 | 1.35 | 0.14 |
| Momentum Group Ltd. | -42,846 | 0 | 0.00 | 0.00 | 42,846 | 1.36 | 0.14 |
| Sanlam Ltd. | -5,209 | 18,753 | 1.67 | 0.16 | 23,962 | 2.00 | 0.21 |
| Life Insurance Total | -46,903 | 26,697 | 3.38 | 0.32 | 73,600 | 4.71 | 0.50 |
| STANLIB Multi-Manager Global Bond | 1,669 | 1,669 | 30.82 | 2.96 | 0 | 0.00 | 0.00 |
| Offshore Intern Total | 1,669 | 1,669 | 30.82 | 2.96 | 0 | 0.00 | 0.00 |
| Exxaro Resources Ltd. | -381 | 10,811 | 1.59 | 0.15 | 11,192 | 1.67 | 0.18 |
| Oil, Gas and Coal Total | -381 | 10,811 | 1.59 | 0.15 | 11,192 | 1.67 | 0.18 |
| Bid Corporation Ltd. | 1,975 | 10,280 | 4.85 | 0.47 | 8,305 | 3.65 | 0.39 |
| Boxer Retail Ltd. | -5,003 | 3,909 | 0.27 | 0.03 | 8,912 | 0.63 | 0.07 |
| Dis-Chem Pharmacies Ltd. | 0 | 3,045 | 0.10 | 0.01 | 3,045 | 0.09 | 0.01 |
| Pick n Pay Stores Ltd. | 7,147 | 40,837 | 1.09 | 0.10 | 33,690 | 0.93 | 0.10 |
| Shoprite Holdings Ltd. | 292 | 2,507 | 0.70 | 0.07 | 2,215 | 0.60 | 0.06 |
| The SPAR Group Ltd. | 1,653 | 14,653 | 1.58 | 0.15 | 13,000 | 1.55 | 0.16 |
| Personal Care, Drug and Grocery Stores Total | 6,064 | 75,231 | 8.60 | 0.82 | 69,167 | 7.45 | 0.79 |
| Compagnie Financière Richemont SA | -425 | 364 | 1.21 | 0.12 | 789 | 2.52 | 0.27 |
| Personal Goods Total | -425 | 364 | 1.21 | 0.12 | 789 | 2.52 | 0.27 |
| Aspen Pharmacare Holdings Ltd. | -750 | 5,174 | 0.62 | 0.06 | 5,924 | 0.96 | 0.10 |
| Pharmaceuticals and Biotechnology Total | -750 | 5,174 | 0.62 | 0.06 | 5,924 | 0.96 | 0.10 |
| AngloGold Ashanti plc | -244 | 7,669 | 6.13 | 0.59 | 7,913 | 5.52 | 0.59 |
| Gold Fields Ltd. | 582 | 15,496 | 6.44 | 0.62 | 14,914 | 6.22 | 0.66 |
| Harmony Gold Mining Company Ltd. | 1,541 | 3,114 | 0.75 | 0.07 | 1,573 | 0.42 | 0.04 |
| Impala Platinum Holdings Ltd. | 168 | 18,458 | 2.94 | 0.28 | 18,290 | 2.33 | 0.25 |
| Northam Platinum Holdings Ltd. | 2,073 | 6,985 | 1.35 | 0.13 | 4,912 | 0.66 | 0.07 |
| Pan African Resources plc | -40,343 | 12,363 | 0.14 | 0.01 | 52,706 | 0.54 | 0.06 |
| Sibanye Stillwater Ltd. | 26,192 | 26,192 | 0.85 | 0.08 | 0 | 0.00 | 0.00 |
| Valterra Platinum Ltd. | -297 | 0 | 0.00 | 0.00 | 297 | 0.22 | 0.02 |
| Precious Metals and Mining Total | -10,328 | 90,277 | 18.59 | 1.78 | 100,605 | 15.90 | 1.69 |
| STANLIB Multi-Manager Property - B3 | -1,873,296 | 0 | 0.00 | 0.00 | 1,873,296 | 6.84 | 0.73 |
| Property Unit Trusts Total | -1,873,296 | 0 | 0.00 | 0.00 | 1,873,296 | 6.84 | 0.73 |
| Abax SA Absolute Prescient - B3 | 21,729,388 | 168,883,479 | 203.42 | 19.50 | 147,154,091 | 181.72 | 19.28 |
| Anchor BCI Africa Flexible Income - C | 211,369 | 12,346,762 | 14.77 | 1.42 | 12,135,393 | 14.44 | 1.53 |
| Investec Cautious Managed - Z | 8,055,179 | 83,202,147 | 203.18 | 19.48 | 75,146,968 | 177.19 | 18.80 |
| STANLIB Balanced Cautious - B2 | -309,496 | 54,328,746 | 112.59 | 10.79 | 54,638,242 | 109.72 | 11.64 |
| Prudential Total | 29,686,440 | 318,761,134 | 533.96 | 51.19 | 289,074,694 | 483.07 | 51.25 |
| Fortress Real Estate Investments Ltd. | 1,005 | 26,651 | 0.53 | 0.05 | 25,646 | 0.52 | 0.06 |
| NEPI Rockcastle NV | 0 | 487 | 0.07 | 0.01 | 487 | 0.07 | 0.01 |
| Real Estate Investment and Services Total | 1,005 | 27,138 | 0.60 | 0.06 | 26,133 | 0.58 | 0.06 |
| Growthpoint Properties Ltd. | 15,768 | 15,768 | 0.21 | 0.02 | 0 | 0.00 | 0.00 |
| Redefine Properties Ltd. | 148,546 | 148,546 | 0.67 | 0.06 | 0 | 0.00 | 0.00 |
| Sirius Real Estate Ltd. | -23,970 | 78,858 | 1.91 | 0.18 | 102,828 | 2.08 | 0.22 |
| Vukile Property Fund Ltd. | 13,111 | 128,404 | 2.52 | 0.24 | 115,293 | 2.00 | 0.21 |
| Real Estate Investment Trusts Total | 153,455 | 371,576 | 5.31 | 0.51 | 218,121 | 4.08 | 0.43 |
| Pepkor Holdings Ltd. | 12,439 | 123,372 | 3.37 | 0.32 | 110,933 | 2.84 | 0.30 |
| The Foschini Group Ltd. | -166 | 13,557 | 1.75 | 0.17 | 13,723 | 1.69 | 0.18 |
| Woolworths Holdings Ltd. | 1,741 | 14,171 | 0.74 | 0.07 | 12,430 | 0.64 | 0.07 |
| Retailers Total | 14,014 | 151,100 | 5.85 | 0.56 | 137,086 | 5.18 | 0.55 |
| Datatec Ltd. | 635 | 10,719 | 0.70 | 0.07 | 10,084 | 0.56 | 0.06 |
| Naspers Ltd. | 8 | 2,167 | 12.01 | 1.15 | 2,159 | 9.80 | 1.04 |
| Prosus NV | -256 | 6,674 | 6.61 | 0.63 | 6,930 | 5.83 | 0.62 |
| Software and Computer Services Total | 387 | 19,560 | 19.32 | 1.85 | 19,173 | 16.19 | 1.72 |
| MTN Group Ltd. | 7,189 | 33,942 | 4.79 | 0.46 | 26,753 | 3.31 | 0.35 |
| MultiChoice Group Ltd. | 1,248 | 17,069 | 2.00 | 0.19 | 15,821 | 1.74 | 0.18 |
| Telkom SA SOC Ltd. | 2,323 | 11,249 | 0.59 | 0.06 | 8,926 | 0.33 | 0.03 |
| Telecommunications Service Providers Total | 10,760 | 62,260 | 7.39 | 0.71 | 51,500 | 5.38 | 0.57 |
| British American Tobacco plc | -461 | 4,836 | 4.14 | 0.40 | 5,297 | 4.05 | 0.43 |
| Tobacco Total | -461 | 4,836 | 4.14 | 0.40 | 5,297 | 4.05 | 0.43 |
| Sun International Ltd. | -1,631 | 0 | 0.00 | 0.00 | 1,631 | 0.07 | 0.01 |
| Tsogo Sun Ltd. | 3,040 | 44,116 | 0.34 | 0.03 | 41,076 | 0.34 | 0.04 |
| Travel and Leisure Total | 1,409 | 44,116 | 0.34 | 0.03 | 42,707 | 0.41 | 0.04 |
| Portfolio Total | 38,529,634 | 459,488,007 | 1,043.07 | 100.00 | 420,958,373 | 942.55 | 100.00 |