| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -55,858 | 168,947 | 29.73 | 0.52 | 224,805 | 39.79 | 0.73 |
| Capitec Bank Holdings Ltd. | 2,076 | 17,527 | 62.24 | 1.09 | 15,451 | 47.94 | 0.88 |
| FirstRand Ltd. | -54,926 | 832,868 | 63.04 | 1.11 | 887,794 | 63.78 | 1.17 |
| Nedbank Group Ltd. | 19,949 | 60,933 | 14.81 | 0.26 | 40,984 | 10.54 | 0.19 |
| Standard Bank Group Ltd. | -83,072 | 214,276 | 48.75 | 0.86 | 297,348 | 71.19 | 1.31 |
| Banks Total | -171,831 | 1,294,551 | 218.58 | 3.84 | 1,466,382 | 233.24 | 4.28 |
| Anheuser-Busch InBev SA/NV | -9,864 | 23,732 | 28.92 | 0.51 | 33,596 | 37.98 | 0.70 |
| Beverages Total | -9,864 | 23,732 | 28.92 | 0.51 | 33,596 | 37.98 | 0.70 |
| SA Bond ASN694 | 0 | 150,500,000 | 152.93 | 2.69 | 150,500,000 | 152.82 | 2.80 |
| SA Bond BNDS | 0 | 0 | -2.28 | -0.04 | 0 | -0.14 | 0.00 |
| SA Bond CLN699 | 0 | 70,000,000 | 73.06 | 1.28 | 70,000,000 | 73.06 | 1.34 |
| SA Bond I2033 | 7,534,000 | 416,028,000 | 538.40 | 9.46 | 408,494,000 | 520.78 | 9.55 |
| SA Bond IVC244 | 0 | 141,000,000 | 141.42 | 2.49 | 141,000,000 | 141.46 | 2.59 |
| SA Bond R2035 | 65,762,000 | 203,304,000 | 195.91 | 3.44 | 137,542,000 | 124.20 | 2.28 |
| SA Bond R2037 | 44,220,000 | 524,920,000 | 475.43 | 8.36 | 480,700,000 | 406.51 | 7.46 |
| SA Bond R2040 | 112,528,000 | 590,808,000 | 532.95 | 9.37 | 478,280,000 | 402.56 | 7.38 |
| SA Bond R213 | 11,638,000 | 109,088,000 | 102.94 | 1.81 | 97,450,000 | 87.12 | 1.60 |
| SA Bond RN2030 | -58,935,000 | 262,085,000 | 261.15 | 4.59 | 321,020,000 | 320.74 | 5.88 |
| Bond Total | 182,747,000 | 2,467,733,000 | 2,471.91 | 43.44 | 2,284,986,000 | 2,229.10 | 40.89 |
| Cash on call | 0 | 0 | -165.25 | -2.90 | 0 | -308.12 | -5.65 |
| Margin Account | 0 | 0 | 4.53 | 0.08 | 0 | 4.42 | 0.08 |
| Cash on call Total | 0 | 0 | -160.72 | -2.82 | 0 | -303.69 | -5.57 |
| Sasol Ltd. | -67,636 | 52,052 | 4.10 | 0.07 | 119,688 | 9.16 | 0.17 |
| Chemicals Total | -67,636 | 52,052 | 4.10 | 0.07 | 119,688 | 9.16 | 0.17 |
| Equity Derivative | 0 | 0 | 68.85 | 1.21 | 0 | 71.27 | 1.31 |
| Derivatives Total | 0 | 0 | 68.85 | 1.21 | 0 | 71.27 | 1.31 |
| Vangaurd FTSE All World ETF | 0 | 106,336 | 146.45 | 2.57 | 106,336 | 137.31 | 2.52 |
| Vanguard FTSE Emerging Markets ETF | 0 | 94,376 | 82.95 | 1.46 | 94,376 | 78.56 | 1.44 |
| Vanguard Short Term Treasury ETF | 0 | 130,512 | 136.33 | 2.40 | 130,512 | 140.88 | 2.58 |
| Vanguard Total World Stock ETF | 0 | 108,858 | 248.63 | 4.37 | 108,858 | 232.14 | 4.26 |
| Equities Total | 0 | 440,082 | 614.37 | 10.80 | 440,082 | 588.89 | 10.80 |
| AVI Ltd. | -108,147 | 0 | 0.00 | 0.00 | 108,147 | 9.59 | 0.18 |
| Food Producers Total | -108,147 | 0 | 0.00 | 0.00 | 108,147 | 9.59 | 0.18 |
| USA - Currency | 0 | 0 | 128.67 | 2.26 | 0 | 125.79 | 2.31 |
| For Currency Total | 0 | 0 | 128.67 | 2.26 | 0 | 125.79 | 2.31 |
| Foreign - Bonds | 0 | 0 | 335.06 | 5.89 | 0 | 344.97 | 6.33 |
| Foreign Invest Total | 0 | 0 | 335.06 | 5.89 | 0 | 344.97 | 6.33 |
| Mondi plc | -12,063 | 87,429 | 25.45 | 0.45 | 99,492 | 27.08 | 0.50 |
| The Bidvest Group Ltd. | -70,561 | 110,930 | 25.90 | 0.46 | 181,491 | 42.74 | 0.78 |
| General Industrials Total | -82,624 | 198,359 | 51.35 | 0.90 | 280,983 | 69.82 | 1.28 |
| Netcare Ltd. | -249,547 | 0 | 0.00 | 0.00 | 249,547 | 3.29 | 0.06 |
| Health Care Providers Total | -249,547 | 0 | 0.00 | 0.00 | 249,547 | 3.29 | 0.06 |
| Anglo American plc | 15,006 | 73,401 | 38.58 | 0.68 | 58,395 | 29.84 | 0.55 |
| BHP Group Ltd. | -12,105 | 50,595 | 21.60 | 0.38 | 62,700 | 27.51 | 0.50 |
| Glencore plc | 80,050 | 201,928 | 14.04 | 0.25 | 121,878 | 8.20 | 0.15 |
| Kumba Iron Ore Ltd. | -4,448 | 30,360 | 8.65 | 0.15 | 34,808 | 10.86 | 0.20 |
| Industrial Metals and Mining Total | 78,503 | 356,284 | 82.88 | 1.46 | 277,781 | 76.41 | 1.40 |
| Quilter plc | -35,707 | 230,983 | 8.78 | 0.15 | 266,690 | 9.32 | 0.17 |
| Remgro Ltd. | 8,452 | 256,112 | 40.52 | 0.71 | 247,660 | 39.08 | 0.72 |
| Investment Banking and Brokerage Services Total | -27,255 | 487,095 | 49.30 | 0.87 | 514,350 | 48.40 | 0.89 |
| Old Mutual Ltd. | 846,703 | 846,703 | 10.22 | 0.18 | 0 | 0.00 | 0.00 |
| Sanlam Ltd. | -135,770 | 386,991 | 34.31 | 0.60 | 522,761 | 43.26 | 0.79 |
| Life Insurance Total | 710,933 | 1,233,694 | 44.53 | 0.78 | 522,761 | 43.26 | 0.79 |
| Money Market - 10 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.02 | 0.02 |
| Money Market - 11 months duration | 0 | 0 | 328.24 | 5.77 | 0 | 231.98 | 4.26 |
| Money Market - 34 months duration | 0 | 0 | 275.51 | 4.84 | 0 | 0.00 | 0.00 |
| Money Market - 7 months duration | 0 | 0 | 1.04 | 0.02 | 0 | 410.76 | 7.53 |
| Money Market - 8 months duration | 0 | 0 | 237.15 | 4.17 | 0 | 0.00 | 0.00 |
| Money Market Instrument | 0 | 0 | 0.00 | 0.00 | 0 | 275.63 | 5.06 |
| Money Market Total | 0 | 0 | 841.94 | 14.80 | 0 | 919.39 | 16.86 |
| Bid Corporation Ltd. | -12,423 | 93,925 | 43.90 | 0.77 | 106,348 | 46.73 | 0.86 |
| Boxer Retail Ltd. | -21,580 | 163,521 | 11.33 | 0.20 | 185,101 | 12.99 | 0.24 |
| Shoprite Holdings Ltd. | -18,491 | 128,048 | 35.46 | 0.62 | 146,539 | 39.96 | 0.73 |
| Personal Care, Drug and Grocery Stores Total | -52,494 | 385,494 | 90.69 | 1.59 | 437,988 | 99.69 | 1.83 |
| Compagnie Financière Richemont SA | 1,355 | 5,768 | 19.21 | 0.34 | 4,413 | 13.99 | 0.26 |
| Personal Goods Total | 1,355 | 5,768 | 19.21 | 0.34 | 4,413 | 13.99 | 0.26 |
| Aspen Pharmacare Holdings Ltd. | 66,703 | 174,417 | 20.84 | 0.37 | 107,714 | 17.64 | 0.32 |
| Pharmaceuticals and Biotechnology Total | 66,703 | 174,417 | 20.84 | 0.37 | 107,714 | 17.64 | 0.32 |
| AngloGold Ashanti plc | -40,601 | 61,505 | 49.26 | 0.87 | 102,106 | 70.13 | 1.29 |
| Gold Fields Ltd. | -838 | 118,421 | 49.24 | 0.87 | 119,259 | 48.35 | 0.89 |
| Harmony Gold Mining Company Ltd. | -35,256 | 132,757 | 32.50 | 0.57 | 168,013 | 44.77 | 0.82 |
| Impala Platinum Holdings Ltd. | -28,600 | 0 | 0.00 | 0.00 | 28,600 | 3.60 | 0.07 |
| Northam Platinum Holdings Ltd. | 61,480 | 196,049 | 37.58 | 0.66 | 134,569 | 17.62 | 0.32 |
| Valterra Platinum Ltd. | -5,340 | 44,390 | 35.08 | 0.62 | 49,730 | 36.52 | 0.67 |
| Precious Metals and Mining Total | -49,155 | 553,122 | 203.66 | 3.58 | 602,277 | 220.99 | 4.05 |
| Growthpoint Properties Ltd. | 57,309 | 9,079,782 | 121.58 | 2.14 | 9,022,473 | 116.84 | 2.14 |
| Redefine Properties Ltd. | 53,615 | 8,494,331 | 38.90 | 0.68 | 8,440,716 | 35.28 | 0.65 |
| Vukile Property Fund Ltd. | 40,736 | 6,453,855 | 126.69 | 2.23 | 6,413,119 | 111.91 | 2.05 |
| Real Estate Investment Trusts Total | 151,660 | 24,027,968 | 287.17 | 5.05 | 23,876,308 | 264.03 | 4.84 |
| Mr Price Group Ltd. | 26,978 | 68,687 | 15.21 | 0.27 | 41,709 | 9.24 | 0.17 |
| Pepkor Holdings Ltd. | -486,579 | 859,233 | 23.40 | 0.41 | 1,345,812 | 34.36 | 0.63 |
| Truworths International Ltd. | -31,178 | 225,514 | 16.11 | 0.28 | 256,692 | 18.47 | 0.34 |
| Retailers Total | -490,779 | 1,153,434 | 54.71 | 0.96 | 1,644,213 | 62.07 | 1.14 |
| Naspers Ltd. | -5,874 | 22,950 | 126.58 | 2.22 | 28,824 | 130.23 | 2.39 |
| Prosus NV | -23,231 | 50,699 | 50.27 | 0.88 | 73,930 | 62.22 | 1.14 |
| Software and Computer Services Total | -29,105 | 73,649 | 176.85 | 3.11 | 102,754 | 192.45 | 3.53 |
| MTN Group Ltd. | -76,834 | 288,197 | 40.59 | 0.71 | 365,031 | 44.98 | 0.83 |
| Vodacom Group Ltd. | 33,611 | 33,611 | 4.59 | 0.08 | 0 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | -43,223 | 321,808 | 45.18 | 0.79 | 365,031 | 44.98 | 0.83 |
| British American Tobacco plc | -24,459 | 13,921 | 11.70 | 0.21 | 38,380 | 28.96 | 0.53 |
| Tobacco Total | -24,459 | 13,921 | 11.70 | 0.21 | 38,380 | 28.96 | 0.53 |
| Portfolio Total | 182,350,035 | 2,498,528,430 | 5,689.78 | 100.00 | 2,316,178,395 | 5,451.68 | 100.00 |