| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Capricorn Group Ltd. | -2,114 | 75,261 | 1.60 | 0.38 | 77,375 | 1.59 | 0.43 |
| FirstRand Ltd. | 43,108 | 186,234 | 13.38 | 3.20 | 143,126 | 10.87 | 2.91 |
| FirstRand Namibia Ltd. | 7,937 | 64,971 | 3.05 | 0.73 | 57,034 | 2.65 | 0.71 |
| Investec Ltd. | 3,176 | 50,068 | 5.71 | 1.36 | 46,892 | 5.86 | 1.57 |
| Letshego Holdings (Namibia) Ltd. | 0 | 128,069 | 0.77 | 0.18 | 128,069 | 0.64 | 0.17 |
| Nedbank Group Ltd. | 1,964 | 41,431 | 10.66 | 2.55 | 39,467 | 11.12 | 2.98 |
| SBN Holdings Ltd. | -25,441 | 55,594 | 0.56 | 0.13 | 81,035 | 0.74 | 0.20 |
| Standard Bank Group Ltd. | 6,759 | 54,245 | 12.99 | 3.10 | 47,486 | 10.53 | 2.82 |
| Banks Total | 35,389 | 655,873 | 48.70 | 11.63 | 620,484 | 44.00 | 11.79 |
| Namibia Breweries | 0 | 115,325 | 3.34 | 0.80 | 115,325 | 3.33 | 0.89 |
| Beverages Total | 0 | 115,325 | 3.34 | 0.80 | 115,325 | 3.33 | 0.89 |
| Namibia Cash | 0 | 0 | 53.46 | 12.77 | 0 | 22.19 | 5.94 |
| Cash on call Total | 0 | 0 | 53.46 | 12.77 | 0 | 22.19 | 5.94 |
| Oceana Group Ltd. | 5,550 | 7,999 | 0.46 | 0.11 | 2,449 | 0.17 | 0.04 |
| Food Producers Total | 5,550 | 7,999 | 0.46 | 0.11 | 2,449 | 0.17 | 0.04 |
| Foreign - Money Market | 0 | 0 | 2.09 | 0.50 | 0 | 4.61 | 1.23 |
| For Currency Total | 0 | 0 | 2.09 | 0.50 | 0 | 4.61 | 1.23 |
| Foreign - Bonds | 0 | 0 | 214.67 | 51.27 | 0 | 213.46 | 57.18 |
| Foreign Invest Total | 0 | 0 | 214.67 | 51.27 | 0 | 213.46 | 57.18 |
| Sanlam Namibia Enhanced Cash Fund | 152,953 | 2,283,836 | 22.93 | 5.48 | 2,130,883 | 21.43 | 5.74 |
| Income Total | 152,953 | 2,283,836 | 22.93 | 5.48 | 2,130,883 | 21.43 | 5.74 |
| Anglo American plc | 6,068 | 25,918 | 13.24 | 3.16 | 19,850 | 10.95 | 2.93 |
| Industrial Metals and Mining Total | 6,068 | 25,918 | 13.24 | 3.16 | 19,850 | 10.95 | 2.93 |
| PSG Financial Services Ltd. | 31,148 | 61,011 | 1.10 | 0.26 | 29,863 | 0.59 | 0.16 |
| Investment Banking and Brokerage Services Total | 31,148 | 61,011 | 1.10 | 0.26 | 29,863 | 0.59 | 0.16 |
| Momentum Group Ltd. | 26,144 | 171,603 | 5.36 | 1.28 | 145,459 | 4.40 | 1.18 |
| Old Mutual Ltd. | 0 | 844,393 | 10.05 | 2.40 | 844,393 | 10.56 | 2.83 |
| Sanlam Ltd. | 24,798 | 156,350 | 12.94 | 3.09 | 131,552 | 11.43 | 3.06 |
| Life Insurance Total | 50,942 | 1,172,346 | 28.34 | 6.77 | 1,121,404 | 26.39 | 7.07 |
| Santam Ltd. | 0 | 4,660 | 1.74 | 0.42 | 4,660 | 1.83 | 0.49 |
| Non-life Insurance Total | 0 | 4,660 | 1.74 | 0.42 | 4,660 | 1.83 | 0.49 |
| Shoprite Holdings Ltd. | 18,165 | 55,440 | 15.12 | 3.61 | 37,275 | 10.98 | 2.94 |
| Personal Care, Drug and Grocery Stores Total | 18,165 | 55,440 | 15.12 | 3.61 | 37,275 | 10.98 | 2.94 |
| Oryx Property Ltd Namibia | 80,535 | 80,535 | 1.08 | 0.26 | 0 | 0.00 | 0.00 |
| Real Estate Total | 80,535 | 80,535 | 1.08 | 0.26 | 0 | 0.00 | 0.00 |
| Oryx Properties Ltd. | -80,535 | 0 | 0.00 | 0.00 | 80,535 | 1.03 | 0.28 |
| Real Estate Investment and Services Total | -80,535 | 0 | 0.00 | 0.00 | 80,535 | 1.03 | 0.28 |
| Vukile Property Fund Ltd. | 21,777 | 183,415 | 3.20 | 0.76 | 161,638 | 2.90 | 0.78 |
| Real Estate Investment Trusts Total | 21,777 | 183,415 | 3.20 | 0.76 | 161,638 | 2.90 | 0.78 |
| Truworths International Ltd. | 24,313 | 90,291 | 6.50 | 1.55 | 65,978 | 6.84 | 1.83 |
| Retailers Total | 24,313 | 90,291 | 6.50 | 1.55 | 65,978 | 6.84 | 1.83 |
| Mobile Telecommunications Ltd. | 0 | 264,723 | 2.18 | 0.52 | 264,723 | 2.01 | 0.54 |
| Paratus Namibia Holdings Ltd. | 0 | 45,954 | 0.58 | 0.14 | 45,954 | 0.58 | 0.16 |
| Telecommunications Service Providers Total | 0 | 310,677 | 2.77 | 0.66 | 310,677 | 2.59 | 0.69 |
| Portfolio Total | 346,305 | 5,047,326 | 418.74 | 100.00 | 4,701,021 | 373.30 | 100.00 |