| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 0 | 27,200 | 4.92 | 1.76 | 27,200 | 4.78 | 1.81 |
| Standard Bank Group Ltd. | 0 | 9,300 | 2.20 | 0.78 | 9,300 | 2.12 | 0.80 |
| Banks Total | 0 | 36,500 | 7.12 | 2.54 | 36,500 | 6.90 | 2.61 |
| Anheuser-Busch InBev SA/NV | 0 | 2,800 | 2.89 | 1.03 | 2,800 | 3.41 | 1.29 |
| Beverages Total | 0 | 2,800 | 2.89 | 1.03 | 2,800 | 3.41 | 1.29 |
| SA Bond I2033 | 0 | 8,000,000 | 10.72 | 3.83 | 8,000,000 | 10.36 | 3.92 |
| SA Bond I2038 | 0 | 15,000,000 | 21.72 | 7.75 | 15,000,000 | 21.01 | 7.95 |
| SA Bond R2030 | 0 | 5,000,000 | 5.09 | 1.82 | 5,000,000 | 5.09 | 1.93 |
| SA Bond R2032 | 0 | 31,000,000 | 30.60 | 10.92 | 31,000,000 | 30.25 | 11.45 |
| SA Bond R2035 | 0 | 13,000,000 | 12.88 | 4.60 | 13,000,000 | 12.53 | 4.74 |
| SA Bond R213 | 0 | 6,000,000 | 5.73 | 2.05 | 6,000,000 | 5.66 | 2.14 |
| SA Bond SBSI14 | 0 | 5,000,000 | 13.61 | 4.86 | 5,000,000 | 12.96 | 4.91 |
| Bond Total | 0 | 83,000,000 | 100.35 | 35.82 | 83,000,000 | 97.86 | 37.05 |
| iShares US Treasury Bond ETF | 0 | 55,500 | 22.18 | 7.92 | 55,500 | 22.60 | 8.55 |
| Bonds Total | 0 | 55,500 | 22.18 | 7.92 | 55,500 | 22.60 | 8.55 |
| Cash on call | 0 | 0 | -0.45 | -0.16 | 0 | 0.11 | 0.04 |
| Cash on call Total | 0 | 0 | -0.45 | -0.16 | 0 | 0.11 | 0.04 |
| Sasol Ltd. | 0 | 9,500 | 1.02 | 0.36 | 9,500 | 0.76 | 0.29 |
| Chemicals Total | 0 | 9,500 | 1.02 | 0.36 | 9,500 | 0.76 | 0.29 |
| EPE Capital Partners Ltd. | 0 | 117,500 | 0.79 | 0.28 | 117,500 | 0.77 | 0.29 |
| Closed End Investments Total | 0 | 117,500 | 0.79 | 0.28 | 117,500 | 0.77 | 0.29 |
| PPC Ltd. | 0 | 1,195,000 | 6.45 | 2.30 | 1,195,000 | 6.20 | 2.35 |
| Wilson Bayly Holmes - Ovcon Ltd. | 0 | 9,600 | 1.44 | 0.51 | 9,600 | 1.77 | 0.67 |
| Construction and Materials Total | 0 | 1,204,600 | 7.89 | 2.82 | 1,204,600 | 7.97 | 3.02 |
| Reunert Ltd. | 0 | 62,000 | 3.32 | 1.19 | 62,000 | 3.63 | 1.38 |
| Electronic and Electrical Equipment Total | 0 | 62,000 | 3.32 | 1.19 | 62,000 | 3.63 | 1.38 |
| Vanguard Total World Stock ETF | 0 | 10,400 | 24.69 | 8.81 | 10,400 | 23.67 | 8.96 |
| Equities Total | 0 | 10,400 | 24.69 | 8.81 | 10,400 | 23.67 | 8.96 |
| RCL Foods Ltd. | 0 | 219,000 | 2.11 | 0.75 | 219,000 | 2.40 | 0.91 |
| Sea Harvest Group Ltd. | 0 | 203,000 | 1.73 | 0.62 | 203,000 | 1.66 | 0.63 |
| Tiger Brands Ltd. | 0 | 4,700 | 1.45 | 0.52 | 4,700 | 1.51 | 0.57 |
| Food Producers Total | 0 | 426,700 | 5.29 | 1.89 | 426,700 | 5.58 | 2.11 |
| Foreign - Money Market | 0 | 0 | 0.00 | 0.00 | 0 | 1.43 | 0.54 |
| USA - Currency | 0 | 0 | 0.38 | 0.13 | 0 | 0.19 | 0.07 |
| For Currency Total | 0 | 0 | 0.38 | 0.13 | 0 | 1.62 | 0.61 |
| Foreign - Unit Trusts | 0 | 0 | 1.41 | 0.50 | 0 | 0.00 | 0.00 |
| Foreign Invest Total | 0 | 0 | 1.41 | 0.50 | 0 | 0.00 | 0.00 |
| Netcare Ltd. | 0 | 120,000 | 1.72 | 0.61 | 120,000 | 1.68 | 0.63 |
| Health Care Providers Total | 0 | 120,000 | 1.72 | 0.61 | 120,000 | 1.68 | 0.63 |
| African Rainbow Minerals Ltd. | 0 | 4,200 | 0.78 | 0.28 | 4,200 | 0.72 | 0.27 |
| Anglo American plc | 0 | 1,761 | 1.14 | 0.41 | 1,761 | 0.92 | 0.35 |
| Industrial Metals and Mining Total | 0 | 5,961 | 1.91 | 0.68 | 5,961 | 1.64 | 0.62 |
| Hudaco Industries Ltd. | 0 | 22,200 | 3.86 | 1.38 | 22,200 | 4.34 | 1.64 |
| Industrial Support Services Total | 0 | 22,200 | 3.86 | 1.38 | 22,200 | 4.34 | 1.64 |
| Ninety One plc | -73,500 | 0 | 0.00 | 0.00 | 73,500 | 3.29 | 1.25 |
| Quilter plc | 0 | 23,600 | 0.91 | 0.32 | 23,600 | 0.90 | 0.34 |
| Reinet Investments SCA | 0 | 9,000 | 4.55 | 1.62 | 9,000 | 5.18 | 1.96 |
| Remgro Ltd. | 0 | 29,500 | 4.98 | 1.78 | 29,500 | 4.65 | 1.76 |
| Investment Banking and Brokerage Services Total | -73,500 | 62,100 | 10.44 | 3.73 | 135,600 | 14.01 | 5.30 |
| Old Mutual Ltd. | 0 | 170,700 | 2.27 | 0.81 | 170,700 | 2.05 | 0.78 |
| Life Insurance Total | 0 | 170,700 | 2.27 | 0.81 | 170,700 | 2.05 | 0.78 |
| eMedia Holdings Ltd. | 12,378 | 12,378 | 0.02 | 0.01 | 0 | 0.00 | 0.00 |
| Media Total | 12,378 | 12,378 | 0.02 | 0.01 | 0 | 0.00 | 0.00 |
| Momentum Money Market - C1 | 0 | 3 | 0.00 | 0.00 | 3 | 0.00 | 0.00 |
| Nedgroup Investments Corporate Money Market - C15 | 8,482,000 | 15,152,000 | 15.24 | 5.44 | 6,670,000 | 6.71 | 2.54 |
| Nedgroup Inv Money Market - D | 0 | 2 | 0.00 | 0.00 | 2 | 0.00 | 0.00 |
| Money Market Total | 8,482,000 | 15,152,005 | 15.24 | 5.44 | 6,670,005 | 6.71 | 2.54 |
| Exxaro Resources Ltd. | 0 | 12,200 | 2.18 | 0.78 | 12,200 | 1.79 | 0.68 |
| Oil, Gas and Coal Total | 0 | 12,200 | 2.18 | 0.78 | 12,200 | 1.79 | 0.68 |
| The SPAR Group Ltd. | 0 | 8,200 | 0.79 | 0.28 | 8,200 | 0.88 | 0.33 |
| Personal Care, Drug and Grocery Stores Total | 0 | 8,200 | 0.79 | 0.28 | 8,200 | 0.88 | 0.33 |
| Compagnie Financière Richemont SA | 0 | 800 | 2.62 | 0.93 | 800 | 2.67 | 1.01 |
| Personal Goods Total | 0 | 800 | 2.62 | 0.93 | 800 | 2.67 | 1.01 |
| Adcock Ingram Holdings Ltd. | 0 | 76,600 | 5.51 | 1.97 | 76,600 | 3.90 | 1.48 |
| Pharmaceuticals and Biotechnology Total | 0 | 76,600 | 5.51 | 1.97 | 76,600 | 3.90 | 1.48 |
| AngloGold Ashanti plc | 0 | 2,700 | 3.21 | 1.15 | 2,700 | 2.15 | 0.82 |
| Gold Fields Ltd. | 0 | 2,700 | 1.94 | 0.69 | 2,700 | 1.12 | 0.43 |
| Valterra Platinum Ltd. | 0 | 2,204 | 2.66 | 0.95 | 2,204 | 1.74 | 0.66 |
| Precious Metals and Mining Total | 0 | 7,604 | 7.81 | 2.79 | 7,604 | 5.02 | 1.90 |
| Standard Bank Group Ltd. | 0 | 25,000 | 2.36 | 0.84 | 25,000 | 2.47 | 0.94 |
| Preference Shares Total | 0 | 25,000 | 2.36 | 0.84 | 25,000 | 2.47 | 0.94 |
| Fortress Real Estate Investments Ltd. | 0 | 157,500 | 3.59 | 1.28 | 157,500 | 3.15 | 1.19 |
| Real Estate Investment and Services Total | 0 | 157,500 | 3.59 | 1.28 | 157,500 | 3.15 | 1.19 |
| Attacq Ltd. | 40,000 | 250,000 | 3.44 | 1.23 | 210,000 | 2.95 | 1.12 |
| Growthpoint Properties Ltd. | 0 | 235,000 | 3.47 | 1.24 | 235,000 | 3.12 | 1.18 |
| Hammerson plc | 22,500 | 22,500 | 1.54 | 0.55 | 0 | 0.00 | 0.00 |
| SA Corporate Real Estate Ltd. | 140,000 | 1,000,000 | 3.10 | 1.11 | 860,000 | 2.70 | 1.02 |
| Vukile Property Fund Ltd. | 0 | 410,000 | 8.55 | 3.05 | 410,000 | 8.05 | 3.05 |
| Real Estate Investment Trusts Total | 202,500 | 1,917,500 | 20.10 | 7.17 | 1,715,000 | 16.82 | 6.37 |
| Lewis Group Ltd. | 0 | 27,700 | 2.00 | 0.71 | 27,700 | 2.22 | 0.84 |
| Pepkor Holdings Ltd. | 0 | 80,200 | 1.96 | 0.70 | 80,200 | 2.19 | 0.83 |
| Retailers Total | 0 | 107,900 | 3.97 | 1.42 | 107,900 | 4.41 | 1.67 |
| Naspers Ltd. | 0 | 2,050 | 12.92 | 4.61 | 2,050 | 11.36 | 4.30 |
| Software and Computer Services Total | 0 | 2,050 | 12.92 | 4.61 | 2,050 | 11.36 | 4.30 |
| MTN Group Ltd. | 0 | 18,700 | 2.62 | 0.94 | 18,700 | 2.64 | 1.00 |
| Telecommunications Service Providers Total | 0 | 18,700 | 2.62 | 0.94 | 18,700 | 2.64 | 1.00 |
| Famous Brands Ltd. | 0 | 32,300 | 1.73 | 0.62 | 32,300 | 2.01 | 0.76 |
| Sun International Ltd. | 0 | 40,000 | 1.61 | 0.58 | 40,000 | 1.74 | 0.66 |
| Travel and Leisure Total | 0 | 72,300 | 3.34 | 1.19 | 72,300 | 3.75 | 1.42 |
| Portfolio Total | 8,623,378 | 102,877,198 | 280.16 | 100.00 | 94,253,820 | 264.15 | 100.00 |