| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -1,000 | 28,500 | 5.03 | 1.87 | 29,500 | 5.60 | 1.96 |
| Standard Bank Group Ltd. | 9,700 | 9,700 | 2.33 | 0.87 | 0 | 0.00 | 0.00 |
| Banks Total | 8,700 | 38,200 | 7.36 | 2.73 | 29,500 | 5.60 | 1.96 |
| Anheuser-Busch InBev SA/NV | -100 | 2,900 | 3.28 | 1.22 | 3,000 | 2.81 | 0.99 |
| Beverages Total | -100 | 2,900 | 3.28 | 1.22 | 3,000 | 2.81 | 0.99 |
| SA Bond FRS152 | 0 | 2,000,000 | 4.73 | 1.76 | 2,000,000 | 4.67 | 1.63 |
| SA Bond I2033 | 0 | 8,000,000 | 10.20 | 3.79 | 8,000,000 | 10.22 | 3.58 |
| SA Bond I2038 | 0 | 19,000,000 | 26.23 | 9.74 | 19,000,000 | 26.70 | 9.35 |
| SA Bond R2030 | 0 | 5,000,000 | 4.86 | 1.80 | 5,000,000 | 4.96 | 1.74 |
| SA Bond R2032 | -3,000,000 | 37,000,000 | 34.06 | 12.65 | 40,000,000 | 37.88 | 13.27 |
| SA Bond R2035 | 3,000,000 | 13,000,000 | 11.74 | 4.36 | 10,000,000 | 9.41 | 3.29 |
| SA Bond R213 | 0 | 6,000,000 | 5.37 | 1.99 | 6,000,000 | 5.47 | 1.92 |
| SA Bond SBSI14 | 0 | 5,000,000 | 13.07 | 4.85 | 5,000,000 | 12.97 | 4.54 |
| Bond Total | 0 | 95,000,000 | 110.25 | 40.95 | 95,000,000 | 112.28 | 39.32 |
| iShares US Treasury Bond ETF | 2,500 | 55,500 | 23.40 | 8.69 | 53,000 | 22.47 | 7.87 |
| Bonds Total | 2,500 | 55,500 | 23.40 | 8.69 | 53,000 | 22.47 | 7.87 |
| Cash on call | 0 | 0 | -0.46 | -0.17 | 0 | 0.09 | 0.03 |
| Cash on call Total | 0 | 0 | -0.46 | -0.17 | 0 | 0.09 | 0.03 |
| Sasol Ltd. | -300 | 9,900 | 0.76 | 0.28 | 10,200 | 0.85 | 0.30 |
| Chemicals Total | -300 | 9,900 | 0.76 | 0.28 | 10,200 | 0.85 | 0.30 |
| EPE Capital Partners Ltd. | -4,000 | 123,000 | 0.60 | 0.22 | 127,000 | 0.68 | 0.24 |
| Closed End Investments Total | -4,000 | 123,000 | 0.60 | 0.22 | 127,000 | 0.68 | 0.24 |
| PPC Ltd. | -45,000 | 1,275,000 | 5.95 | 2.21 | 1,320,000 | 6.80 | 2.38 |
| Wilson Bayly Holmes - Ovcon Ltd. | -400 | 10,100 | 1.85 | 0.69 | 10,500 | 2.45 | 0.86 |
| Construction and Materials Total | -45,400 | 1,285,100 | 7.80 | 2.90 | 1,330,500 | 9.25 | 3.24 |
| Reunert Ltd. | 8,000 | 64,000 | 3.93 | 1.46 | 56,000 | 4.20 | 1.47 |
| Electronic and Electrical Equipment Total | 8,000 | 64,000 | 3.93 | 1.46 | 56,000 | 4.20 | 1.47 |
| Vanguard Total Stock Market Index Fund ETF | -1,000 | 10,400 | 22.15 | 8.23 | 11,400 | 25.32 | 8.87 |
| Equities Total | -1,000 | 10,400 | 22.15 | 8.23 | 11,400 | 25.32 | 8.87 |
| RCL Foods Ltd. | -800 | 229,200 | 2.20 | 0.82 | 230,000 | 2.19 | 0.77 |
| Sea Harvest Group Ltd. | -7,500 | 212,500 | 1.46 | 0.54 | 220,000 | 1.84 | 0.64 |
| Tiger Brands Ltd. | -100 | 5,000 | 1.39 | 0.52 | 5,100 | 1.47 | 0.52 |
| Food Producers Total | -8,400 | 446,700 | 5.05 | 1.88 | 455,100 | 5.50 | 1.92 |
| Foreign - Money Market | 0 | 0 | 4.95 | 1.84 | 0 | 6.86 | 2.40 |
| USA - Currency | 0 | 0 | 0.47 | 0.17 | 0 | 0.43 | 0.15 |
| For Currency Total | 0 | 0 | 5.42 | 2.01 | 0 | 7.29 | 2.55 |
| Netcare Ltd. | 17,500 | 125,500 | 1.65 | 0.61 | 108,000 | 1.61 | 0.56 |
| Health Care Providers Total | 17,500 | 125,500 | 1.65 | 0.61 | 108,000 | 1.61 | 0.56 |
| African Rainbow Minerals Ltd. | -100 | 4,400 | 0.65 | 0.24 | 4,500 | 0.68 | 0.24 |
| Anglo American plc | -100 | 2,100 | 1.08 | 0.40 | 2,200 | 1.21 | 0.43 |
| Industrial Metals and Mining Total | -200 | 6,500 | 1.74 | 0.64 | 6,700 | 1.89 | 0.66 |
| Hudaco Industries Ltd. | -800 | 23,200 | 4.40 | 1.63 | 24,000 | 5.18 | 1.82 |
| Industrial Support Services Total | -800 | 23,200 | 4.40 | 1.63 | 24,000 | 5.18 | 1.82 |
| Ninety One plc | -2,800 | 77,200 | 2.67 | 0.99 | 80,000 | 2.75 | 0.96 |
| Quilter plc | -900 | 24,700 | 0.88 | 0.33 | 25,600 | 0.91 | 0.32 |
| Reinet Investments SCA | -300 | 9,400 | 4.21 | 1.56 | 9,700 | 4.34 | 1.52 |
| Remgro Ltd. | -1,100 | 30,900 | 4.81 | 1.79 | 32,000 | 4.96 | 1.74 |
| Investment Banking and Brokerage Services Total | -5,100 | 142,200 | 12.57 | 4.67 | 147,300 | 12.96 | 4.54 |
| Old Mutual Ltd. | -1,300 | 178,700 | 2.13 | 0.79 | 180,000 | 2.25 | 0.79 |
| Life Insurance Total | -1,300 | 178,700 | 2.13 | 0.79 | 180,000 | 2.25 | 0.79 |
| Momentum Money Market - C1 | 0 | 3 | 0.00 | 0.00 | 3 | 0.00 | 0.00 |
| Nedgroup Investments Corporate Money Market - C15 | -7,106,000 | 0 | 0.05 | 0.02 | 7,106,000 | 7.16 | 2.51 |
| Nedgroup Inv Money Market - D | 0 | 2 | 0.00 | 0.00 | 2 | 0.00 | 0.00 |
| Money Market Total | -7,106,000 | 5 | 0.05 | 0.02 | 7,106,005 | 7.16 | 2.51 |
| Exxaro Resources Ltd. | -500 | 12,800 | 1.91 | 0.71 | 13,300 | 2.10 | 0.74 |
| Oil, Gas and Coal Total | -500 | 12,800 | 1.91 | 0.71 | 13,300 | 2.10 | 0.74 |
| The SPAR Group Ltd. | -300 | 8,600 | 1.02 | 0.38 | 8,900 | 1.30 | 0.46 |
| Personal Care, Drug and Grocery Stores Total | -300 | 8,600 | 1.02 | 0.38 | 8,900 | 1.30 | 0.46 |
| Compagnie Financière Richemont SA | -100 | 900 | 2.87 | 1.07 | 1,000 | 2.78 | 0.97 |
| Personal Goods Total | -100 | 900 | 2.87 | 1.07 | 1,000 | 2.78 | 0.97 |
| Adcock Ingram Holdings Ltd. | -2,800 | 80,200 | 3.93 | 1.46 | 83,000 | 5.56 | 1.95 |
| Pharmaceuticals and Biotechnology Total | -2,800 | 80,200 | 3.93 | 1.46 | 83,000 | 5.56 | 1.95 |
| AngloGold Ashanti plc | -100 | 2,900 | 2.02 | 0.75 | 3,000 | 1.26 | 0.44 |
| Gold Fields Ltd. | -100 | 2,900 | 1.21 | 0.45 | 3,000 | 0.74 | 0.26 |
| Impala Platinum Holdings Ltd. | -10,000 | 0 | 0.00 | 0.00 | 10,000 | 0.88 | 0.31 |
| Valterra Platinum Ltd. | -100 | 3,400 | 2.55 | 0.95 | 3,500 | 1.99 | 0.70 |
| Precious Metals and Mining Total | -10,300 | 9,200 | 5.78 | 2.15 | 19,500 | 4.87 | 1.71 |
| Standard Bank Group Ltd. | 0 | 25,000 | 2.28 | 0.85 | 25,000 | 2.35 | 0.82 |
| Preference Shares Total | 0 | 25,000 | 2.28 | 0.85 | 25,000 | 2.35 | 0.82 |
| Fortress Real Estate Investments Ltd. | 0 | 165,000 | 3.13 | 1.16 | 165,000 | 3.34 | 1.17 |
| NEPI Rockcastle NV | 1,138 | 1,138 | 0.15 | 0.06 | 0 | 0.00 | 0.00 |
| Real Estate Investment and Services Total | 1,138 | 166,138 | 3.28 | 1.22 | 165,000 | 3.34 | 1.17 |
| Attacq Ltd. | 0 | 220,000 | 2.86 | 1.06 | 220,000 | 3.05 | 1.07 |
| Growthpoint Properties Ltd. | 0 | 245,000 | 3.17 | 1.18 | 245,000 | 3.12 | 1.09 |
| SA Corporate Real Estate Ltd. | 0 | 900,000 | 2.34 | 0.87 | 900,000 | 2.63 | 0.92 |
| Vukile Property Fund Ltd. | 0 | 430,000 | 7.46 | 2.77 | 430,000 | 7.73 | 2.71 |
| Real Estate Investment Trusts Total | 0 | 1,795,000 | 15.84 | 5.88 | 1,795,000 | 16.53 | 5.79 |
| Lewis Group Ltd. | -1,000 | 29,000 | 2.05 | 0.76 | 30,000 | 2.40 | 0.84 |
| Pepkor Holdings Ltd. | -3,000 | 84,000 | 2.15 | 0.80 | 87,000 | 2.52 | 0.88 |
| Retailers Total | -4,000 | 113,000 | 4.20 | 1.56 | 117,000 | 4.92 | 1.72 |
| Naspers Ltd. | 50 | 2,150 | 9.77 | 3.63 | 2,100 | 8.76 | 3.07 |
| Software and Computer Services Total | 50 | 2,150 | 9.77 | 3.63 | 2,100 | 8.76 | 3.07 |
| MTN Group Ltd. | -800 | 19,600 | 2.43 | 0.90 | 20,400 | 1.88 | 0.66 |
| Telecommunications Service Providers Total | -800 | 19,600 | 2.43 | 0.90 | 20,400 | 1.88 | 0.66 |
| Famous Brands Ltd. | 8,800 | 33,800 | 1.94 | 0.72 | 25,000 | 1.73 | 0.60 |
| Sun International Ltd. | -1,500 | 46,000 | 1.91 | 0.71 | 47,500 | 2.07 | 0.72 |
| Travel and Leisure Total | 7,300 | 79,800 | 3.85 | 1.43 | 72,500 | 3.79 | 1.33 |
| Portfolio Total | -7,146,212 | 99,824,193 | 269.24 | 100.00 | 106,970,405 | 285.58 | 100.00 |