| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -1,322 | 167,625 | 30.36 | 0.52 | 168,947 | 29.73 | 0.52 |
| Capitec Bank Holdings Ltd. | -137 | 17,390 | 60.41 | 1.04 | 17,527 | 62.24 | 1.09 |
| FirstRand Ltd. | 25,808 | 858,676 | 66.68 | 1.15 | 832,868 | 63.04 | 1.11 |
| Nedbank Group Ltd. | -26,395 | 34,538 | 7.37 | 0.13 | 60,933 | 14.81 | 0.26 |
| Standard Bank Group Ltd. | -14,233 | 200,043 | 47.29 | 0.81 | 214,276 | 48.75 | 0.86 |
| Banks Total | -16,279 | 1,278,272 | 212.11 | 3.64 | 1,294,551 | 218.58 | 3.84 |
| Anheuser-Busch InBev SA/NV | -186 | 23,546 | 24.17 | 0.42 | 23,732 | 28.92 | 0.51 |
| Beverages Total | -186 | 23,546 | 24.17 | 0.42 | 23,732 | 28.92 | 0.51 |
| SA Bond ASN694 | 77,029,000 | 227,529,000 | 236.19 | 4.06 | 150,500,000 | 152.93 | 2.69 |
| SA Bond BNDS | 0 | 0 | -3.63 | -0.06 | 0 | -2.28 | -0.04 |
| SA Bond CLN699 | 0 | 70,000,000 | 73.07 | 1.26 | 70,000,000 | 73.06 | 1.28 |
| SA Bond I2033 | 290,895,000 | 706,923,000 | 945.93 | 16.26 | 416,028,000 | 538.40 | 9.46 |
| SA Bond IVC244 | 0 | 141,000,000 | 141.33 | 2.43 | 141,000,000 | 141.42 | 2.49 |
| SA Bond R2035 | -61,729,000 | 141,575,000 | 140.12 | 2.41 | 203,304,000 | 195.91 | 3.44 |
| SA Bond R2037 | -11,250,000 | 513,670,000 | 480.07 | 8.25 | 524,920,000 | 475.43 | 8.36 |
| SA Bond R2040 | -153,605,000 | 437,203,000 | 407.09 | 7.00 | 590,808,000 | 532.95 | 9.37 |
| SA Bond R213 | -1,652,000 | 107,436,000 | 102.56 | 1.76 | 109,088,000 | 102.94 | 1.81 |
| SA Bond RN2030 | -260,729,000 | 1,356,000 | 1.36 | 0.02 | 262,085,000 | 261.15 | 4.59 |
| Bond Total | -121,041,000 | 2,346,692,000 | 2,524.11 | 43.37 | 2,467,733,000 | 2,471.91 | 43.44 |
| Cash on call | 0 | 0 | -551.20 | -9.47 | 0 | -165.25 | -2.90 |
| Margin Account | 0 | 0 | 4.17 | 0.07 | 0 | 4.53 | 0.08 |
| Cash on call Total | 0 | 0 | -547.04 | -9.40 | 0 | -160.72 | -2.82 |
| Sasol Ltd. | -52,052 | 0 | 0.00 | 0.00 | 52,052 | 4.10 | 0.07 |
| Chemicals Total | -52,052 | 0 | 0.00 | 0.00 | 52,052 | 4.10 | 0.07 |
| Equity Derivative | 0 | 0 | 63.28 | 1.09 | 0 | 68.85 | 1.21 |
| Derivatives Total | 0 | 0 | 63.28 | 1.09 | 0 | 68.85 | 1.21 |
| Vangaurd FTSE All World ETF | 0 | 106,336 | 146.40 | 2.52 | 106,336 | 146.45 | 2.57 |
| Vanguard FTSE Emerging Markets ETF | 0 | 94,376 | 88.22 | 1.52 | 94,376 | 82.95 | 1.46 |
| Vanguard Short Term Treasury ETF | 0 | 130,512 | 132.51 | 2.28 | 130,512 | 136.33 | 2.40 |
| Vanguard Total World Stock ETF | 0 | 108,858 | 258.80 | 4.45 | 108,858 | 248.63 | 4.37 |
| Equities Total | 0 | 440,082 | 625.92 | 10.76 | 440,082 | 614.37 | 10.80 |
| Foreign - Money Market | 13,100,000 | 13,100,000 | 226.55 | 3.89 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 125.35 | 2.15 | 0 | 128.67 | 2.26 |
| For Currency Total | 13,100,000 | 13,100,000 | 351.90 | 6.05 | 0 | 128.67 | 2.26 |
| Foreign - Bonds | 0 | 0 | 111.17 | 1.91 | 0 | 335.06 | 5.89 |
| Foreign Invest Total | 0 | 0 | 111.17 | 1.91 | 0 | 335.06 | 5.89 |
| Mondi plc | -8,598 | 78,831 | 18.57 | 0.32 | 87,429 | 25.45 | 0.45 |
| The Bidvest Group Ltd. | -868 | 110,062 | 23.31 | 0.40 | 110,930 | 25.90 | 0.46 |
| General Industrials Total | -9,466 | 188,893 | 41.89 | 0.72 | 198,359 | 51.35 | 0.90 |
| Anglo American plc | -5,122 | 68,279 | 44.14 | 0.76 | 73,401 | 38.58 | 0.68 |
| BHP Group Ltd. | -7,183 | 43,412 | 20.69 | 0.36 | 50,595 | 21.60 | 0.38 |
| Glencore plc | 58,840 | 260,768 | 20.78 | 0.36 | 201,928 | 14.04 | 0.25 |
| Kumba Iron Ore Ltd. | 17,929 | 48,289 | 15.69 | 0.27 | 30,360 | 8.65 | 0.15 |
| Industrial Metals and Mining Total | 64,464 | 420,748 | 101.30 | 1.74 | 356,284 | 82.88 | 1.46 |
| Quilter plc | -1,808 | 229,175 | 8.78 | 0.15 | 230,983 | 8.78 | 0.15 |
| Remgro Ltd. | -2,004 | 254,108 | 42.62 | 0.73 | 256,112 | 40.52 | 0.71 |
| Investment Banking and Brokerage Services Total | -3,812 | 483,283 | 51.40 | 0.88 | 487,095 | 49.30 | 0.87 |
| Old Mutual Ltd. | 802,016 | 1,648,719 | 22.01 | 0.38 | 846,703 | 10.22 | 0.18 |
| Sanlam Ltd. | -3,028 | 383,963 | 32.10 | 0.55 | 386,991 | 34.31 | 0.60 |
| Life Insurance Total | 798,988 | 2,032,682 | 54.11 | 0.93 | 1,233,694 | 44.53 | 0.78 |
| eMedia Holdings Ltd. | 106,623 | 106,623 | 0.19 | 0.00 | 0 | 0.00 | 0.00 |
| Media Total | 106,623 | 106,623 | 0.19 | 0.00 | 0 | 0.00 | 0.00 |
| 0 | 0 | 260.53 | 4.48 | 0 | 0.00 | 0.00 |
| Money Market - 11 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 328.24 | 5.77 |
| Money Market - 13 months duration | 0 | 0 | 90.32 | 1.55 | 0 | 0.00 | 0.00 |
| Money Market - 2 months duration | 0 | 0 | 5.88 | 0.10 | 0 | 0.00 | 0.00 |
| Money Market - 26 months duration | 0 | 0 | 488.66 | 8.40 | 0 | 0.00 | 0.00 |
| Money Market - 31 months duration | 0 | 0 | 247.86 | 4.26 | 0 | 0.00 | 0.00 |
| Money Market - 32 months duration | 0 | 0 | 8.08 | 0.14 | 0 | 0.00 | 0.00 |
| Money Market - 34 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 275.51 | 4.84 |
| Money Market - 4 months duration | 0 | 0 | 1.06 | 0.02 | 0 | 0.00 | 0.00 |
| Money Market - 7 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.04 | 0.02 |
| Money Market - 8 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 237.15 | 4.17 |
| Money Market Total | 0 | 0 | 1,102.39 | 18.94 | 0 | 841.94 | 14.80 |
| Bid Corporation Ltd. | -13,345 | 80,580 | 34.83 | 0.60 | 93,925 | 43.90 | 0.77 |
| Boxer Retail Ltd. | -50,799 | 112,722 | 7.80 | 0.13 | 163,521 | 11.33 | 0.20 |
| Shoprite Holdings Ltd. | 21,456 | 149,504 | 40.97 | 0.70 | 128,048 | 35.46 | 0.62 |
| Personal Care, Drug and Grocery Stores Total | -42,688 | 342,806 | 83.59 | 1.44 | 385,494 | 90.69 | 1.59 |
| Compagnie Financière Richemont SA | 6,297 | 12,065 | 39.44 | 0.68 | 5,768 | 19.21 | 0.34 |
| Personal Goods Total | 6,297 | 12,065 | 39.44 | 0.68 | 5,768 | 19.21 | 0.34 |
| Aspen Pharmacare Holdings Ltd. | -174,417 | 0 | 0.00 | 0.00 | 174,417 | 20.84 | 0.37 |
| Pharmaceuticals and Biotechnology Total | -174,417 | 0 | 0.00 | 0.00 | 174,417 | 20.84 | 0.37 |
| AngloGold Ashanti plc | 9,247 | 70,752 | 85.86 | 1.48 | 61,505 | 49.26 | 0.87 |
| Gold Fields Ltd. | 19,282 | 137,703 | 100.40 | 1.73 | 118,421 | 49.24 | 0.87 |
| Harmony Gold Mining Company Ltd. | -12,857 | 119,900 | 37.75 | 0.65 | 132,757 | 32.50 | 0.57 |
| Impala Platinum Holdings Ltd. | 60,278 | 60,278 | 13.29 | 0.23 | 0 | 0.00 | 0.00 |
| Northam Platinum Holdings Ltd. | -127,833 | 68,216 | 19.17 | 0.33 | 196,049 | 37.58 | 0.66 |
| Valterra Platinum Ltd. | 27,441 | 71,831 | 88.74 | 1.52 | 44,390 | 35.08 | 0.62 |
| Precious Metals and Mining Total | -24,442 | 528,680 | 345.21 | 5.93 | 553,122 | 203.66 | 3.58 |
| Growthpoint Properties Ltd. | 0 | 9,079,782 | 133.75 | 2.30 | 9,079,782 | 121.58 | 2.14 |
| Redefine Properties Ltd. | 0 | 8,494,331 | 42.22 | 0.73 | 8,494,331 | 38.90 | 0.68 |
| Vukile Property Fund Ltd. | 0 | 6,453,855 | 133.85 | 2.30 | 6,453,855 | 126.69 | 2.23 |
| Real Estate Investment Trusts Total | 0 | 24,027,968 | 309.81 | 5.32 | 24,027,968 | 287.17 | 5.05 |
| Motus Holdings Ltd. | 116,630 | 116,630 | 12.13 | 0.21 | 0 | 0.00 | 0.00 |
| Mr Price Group Ltd. | -30,411 | 38,276 | 7.80 | 0.13 | 68,687 | 15.21 | 0.27 |
| Pepkor Holdings Ltd. | 215,772 | 1,075,005 | 26.13 | 0.45 | 859,233 | 23.40 | 0.41 |
| Truworths International Ltd. | -48,195 | 177,319 | 9.70 | 0.17 | 225,514 | 16.11 | 0.28 |
| Woolworths Holdings Ltd. | 353,914 | 353,914 | 17.80 | 0.31 | 0 | 0.00 | 0.00 |
| Retailers Total | 607,710 | 1,761,144 | 73.56 | 1.26 | 1,153,434 | 54.71 | 0.96 |
| Naspers Ltd. | -180 | 22,770 | 142.42 | 2.45 | 22,950 | 126.58 | 2.22 |
| Prosus NV | -397 | 50,302 | 60.90 | 1.05 | 50,699 | 50.27 | 0.88 |
| Software and Computer Services Total | -577 | 73,072 | 203.32 | 3.49 | 73,649 | 176.85 | 3.11 |
| MTN Group Ltd. | -46,163 | 242,034 | 35.09 | 0.60 | 288,197 | 40.59 | 0.71 |
| Vodacom Group Ltd. | -12,281 | 21,330 | 2.84 | 0.05 | 33,611 | 4.59 | 0.08 |
| Telecommunications Service Providers Total | -58,444 | 263,364 | 37.94 | 0.65 | 321,808 | 45.18 | 0.79 |
| British American Tobacco plc | -3,473 | 10,448 | 9.53 | 0.16 | 13,921 | 11.70 | 0.21 |
| Tobacco Total | -3,473 | 10,448 | 9.53 | 0.16 | 13,921 | 11.70 | 0.21 |
| Portfolio Total | -106,742,754 | 2,391,785,676 | 5,819.32 | 100.00 | 2,498,528,430 | 5,689.78 | 100.00 |