| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | 0 | 19,814 | 0.80 | 0.01 | 19,814 | 0.81 | 0.01 |
| Alternative Energy Total | 0 | 19,814 | 0.80 | 0.01 | 19,814 | 0.81 | 0.01 |
| Absa Group Ltd. | 14,036 | 434,777 | 76.39 | 0.85 | 420,741 | 74.23 | 0.91 |
| Capitec Bank Holdings Ltd. | 1,674 | 45,075 | 160.21 | 1.78 | 43,401 | 133.72 | 1.63 |
| FirstRand Ltd. | 96,145 | 2,669,405 | 203.38 | 2.25 | 2,573,260 | 185.07 | 2.26 |
| Investec Ltd. | 7,855 | 129,757 | 17.16 | 0.19 | 121,902 | 13.82 | 0.17 |
| Investec plc | 0 | 190,121 | 25.11 | 0.28 | 190,121 | 21.46 | 0.26 |
| Nedbank Group Ltd. | 7,758 | 238,768 | 58.27 | 0.65 | 231,010 | 59.19 | 0.72 |
| Standard Bank Group Ltd. | 15,616 | 688,686 | 156.77 | 1.74 | 673,070 | 161.66 | 1.97 |
| Banks Total | 143,084 | 4,396,589 | 697.29 | 7.73 | 4,253,505 | 649.14 | 7.92 |
| Anheuser-Busch InBev SA/NV | 5,237 | 48,639 | 59.27 | 0.66 | 43,402 | 49.02 | 0.60 |
| Beverages Total | 5,237 | 48,639 | 59.27 | 0.66 | 43,402 | 49.02 | 0.60 |
| SA Bond BNDS | 0 | 0 | 4.93 | 0.05 | 0 | 150.27 | 1.83 |
| SA Bond ELN023 | 0 | 69,000,000 | 75.87 | 0.84 | 69,000,000 | 70.34 | 0.86 |
| SA Bond FRS406 | -211,299,943 | 0 | 0.00 | 0.00 | 211,299,943 | 210.68 | 2.57 |
| Unit Trusts - Bond | 0 | 0 | 151.06 | 1.67 | 0 | 0.00 | 0.00 |
| Bond Total | -211,299,943 | 69,000,000 | 231.86 | 2.57 | 280,299,943 | 431.29 | 5.26 |
| Sygnia All Bond Index - C | 91,865,061 | 92,972,481 | 84.98 | 0.94 | 1,107,420 | 1.00 | 0.01 |
| Bond Fund Total | 91,865,061 | 92,972,481 | 84.98 | 0.94 | 1,107,420 | 1.00 | 0.01 |
| iShares $ Short Duration Corp Bond UCITS | 809,462 | 809,462 | 88.40 | 0.98 | 0 | 0.00 | 0.00 |
| iShares Core Global Aggregate Bond UCITS ETF | -366,435 | 1,473,855 | 117.77 | 1.31 | 1,840,290 | 145.78 | 1.78 |
| iShares J.P. Morgan EM Local Government Bond UCITS ETF | 470,312 | 470,312 | 44.36 | 0.49 | 0 | 0.00 | 0.00 |
| iShares US Treasury Bond ETF | 151,271 | 296,322 | 120.65 | 1.34 | 145,051 | 61.15 | 0.75 |
| Bonds Total | 1,064,610 | 3,049,951 | 371.18 | 4.11 | 1,985,341 | 206.94 | 2.53 |
| Cash on call | 0 | 0 | 74.57 | 0.83 | 0 | 63.28 | 0.77 |
| Margin Account | 0 | 0 | 15.69 | 0.17 | 0 | 22.47 | 0.27 |
| Cash on call Total | 0 | 0 | 90.26 | 1.00 | 0 | 85.75 | 1.05 |
| AECI Ltd. | -3,888 | 56,538 | 6.00 | 0.07 | 60,426 | 5.89 | 0.07 |
| Omnia Holdings Ltd. | 5,469 | 84,538 | 6.72 | 0.07 | 79,069 | 5.32 | 0.06 |
| Sasol Ltd. | 15,803 | 307,423 | 24.70 | 0.27 | 291,620 | 22.25 | 0.27 |
| Chemicals Total | 17,384 | 448,499 | 37.42 | 0.41 | 431,115 | 33.46 | 0.41 |
| PPC Ltd. | 0 | 629,532 | 3.27 | 0.04 | 629,532 | 2.94 | 0.04 |
| Raubex Group Ltd. | 8,819 | 94,489 | 4.23 | 0.05 | 85,670 | 3.82 | 0.05 |
| Wilson Bayly Holmes - Ovcon Ltd. | -2,275 | 27,869 | 5.13 | 0.06 | 30,144 | 5.51 | 0.07 |
| Construction and Materials Total | 6,544 | 751,890 | 12.63 | 0.14 | 745,346 | 12.27 | 0.15 |
| ADvTECH Ltd. | 12,581 | 258,387 | 8.44 | 0.09 | 245,806 | 8.13 | 0.10 |
| Curro Holdings Ltd. | 0 | 230,381 | 2.09 | 0.02 | 230,381 | 1.94 | 0.02 |
| Consumer Services Total | 12,581 | 488,768 | 10.53 | 0.12 | 476,187 | 10.07 | 0.12 |
| Reunert Ltd. | 7,077 | 83,322 | 4.88 | 0.05 | 76,245 | 4.69 | 0.06 |
| Electronic and Electrical Equipment Total | 7,077 | 83,322 | 4.88 | 0.05 | 76,245 | 4.69 | 0.06 |
| iShares Core EURO STOXX 50 | 6,433 | 6,433 | 27.00 | 0.30 | 0 | 0.00 | 0.00 |
| iShares Core FTSE 100 UCITS ETF | 36,708 | 36,708 | 5.38 | 0.06 | 0 | 0.00 | 0.00 |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 188,299 | 539,412 | 376.45 | 4.17 | 351,113 | 223.95 | 2.73 |
| iShares Core S&P 500 ETF | -14,358 | 10,186 | 119.61 | 1.33 | 24,544 | 265.35 | 3.24 |
| iShares Core S&P Mid-Cap ETF | -79,623 | 0 | 0.00 | 0.00 | 79,623 | 85.20 | 1.04 |
| iShares MSCI World ex-USA UCITS ETF | 1,108,408 | 1,108,408 | 114.17 | 1.27 | 0 | 0.00 | 0.00 |
| Equities Total | 1,245,867 | 1,701,147 | 642.61 | 7.12 | 455,280 | 574.50 | 7.01 |
| Sygnia Itrix Global Property ETF | -2,656,656 | 0 | 0.00 | 0.00 | 2,656,656 | 131.66 | 1.61 |
| Sygnia Itrix MSCI World Index ETF | 0 | 6,449,357 | 469.40 | 5.20 | 6,449,357 | 434.11 | 5.30 |
| Sygnia Itrix S&P 500 ETF | 0 | 2,274,779 | 254.97 | 2.83 | 2,274,779 | 234.03 | 2.86 |
| Exchange Traded Funds Total | -2,656,656 | 8,724,136 | 724.37 | 8.03 | 11,380,792 | 799.80 | 9.76 |
| Astral Foods Ltd. | 0 | 18,656 | 3.35 | 0.04 | 18,656 | 3.08 | 0.04 |
| AVI Ltd. | 13,042 | 173,317 | 16.35 | 0.18 | 160,275 | 14.30 | 0.17 |
| Oceana Group Ltd. | 11,068 | 48,189 | 2.53 | 0.03 | 37,121 | 2.16 | 0.03 |
| Premier Group Ltd. | 0 | 20,901 | 2.97 | 0.03 | 20,901 | 2.63 | 0.03 |
| Tiger Brands Ltd. | 3,289 | 80,890 | 26.01 | 0.29 | 77,601 | 21.53 | 0.26 |
| Food Producers Total | 27,399 | 341,953 | 51.21 | 0.57 | 314,554 | 43.71 | 0.53 |
| European - Currency | 0 | 0 | 0.08 | 0.00 | 0 | 0.03 | 0.00 |
| Japan - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 0.01 | 0.00 | 0 | 0.06 | 0.00 |
| USA - Currency | 0 | 0 | 138.35 | 1.53 | 0 | 87.09 | 1.06 |
| For Currency Total | 0 | 0 | 138.44 | 1.53 | 0 | 87.18 | 1.06 |
| Foreign - Bonds | 0 | 0 | 222.73 | 2.47 | 0 | 0.00 | 0.00 |
| Foreign - Equities | 0 | 0 | 204.69 | 2.27 | 0 | 180.34 | 2.20 |
| Foreign - Unit Trust - Bonds | 0 | 0 | 0.00 | 0.00 | 0 | 40.19 | 0.49 |
| Foreign Invest Total | 0 | 0 | 427.42 | 4.74 | 0 | 220.53 | 2.69 |
| Barloworld Ltd. | -13,877 | 75,050 | 8.32 | 0.09 | 88,927 | 9.46 | 0.12 |
| KAP Ltd. | 219,282 | 1,330,082 | 2.73 | 0.03 | 1,110,800 | 2.79 | 0.03 |
| Mondi plc | 3,929 | 99,377 | 28.88 | 0.32 | 95,448 | 25.98 | 0.32 |
| The Bidvest Group Ltd. | -1,703 | 177,862 | 41.82 | 0.46 | 179,565 | 42.24 | 0.52 |
| General Industrials Total | 207,631 | 1,682,371 | 81.74 | 0.91 | 1,474,740 | 80.48 | 0.98 |
| Life Healthcare Group Holdings Ltd. | 42,616 | 720,397 | 10.27 | 0.11 | 677,781 | 9.39 | 0.11 |
| Netcare Ltd. | 28,840 | 716,714 | 10.01 | 0.11 | 687,874 | 9.05 | 0.11 |
| Health Care Providers Total | 71,456 | 1,437,111 | 20.29 | 0.22 | 1,365,655 | 18.44 | 0.23 |
| Sygnia Enhanced All Bond Fund - C | 42,490,503 | 1,131,558,913 | 1,082.68 | 12.00 | 1,089,068,410 | 1,032.55 | 12.60 |
| Sygnia Enhanced Income - A | 31,046,979 | 103,559,975 | 104.82 | 1.16 | 72,512,996 | 73.17 | 0.89 |
| Income Total | 73,537,482 | 1,235,118,888 | 1,187.50 | 13.16 | 1,161,581,406 | 1,105.71 | 13.49 |
| Sappi Ltd. | 0 | 321,526 | 9.60 | 0.11 | 321,526 | 11.70 | 0.14 |
| Industrial Materials Total | 0 | 321,526 | 9.60 | 0.11 | 321,526 | 11.70 | 0.14 |
| African Rainbow Minerals Ltd. | -3,491 | 54,507 | 9.39 | 0.10 | 57,998 | 8.60 | 0.11 |
| Afrimat Ltd. | 0 | 67,482 | 2.99 | 0.03 | 67,482 | 3.94 | 0.05 |
| Anglo American plc | -22,963 | 169,569 | 88.29 | 0.98 | 192,532 | 98.43 | 1.20 |
| BHP Group Ltd. | 0 | 83,705 | 35.63 | 0.39 | 83,705 | 36.58 | 0.45 |
| Glencore plc | 55,880 | 342,305 | 23.75 | 0.26 | 286,425 | 19.16 | 0.23 |
| Kumba Iron Ore Ltd. | 3,001 | 28,614 | 8.17 | 0.09 | 25,613 | 7.99 | 0.10 |
| South32 Ltd. | 0 | 157,305 | 5.36 | 0.06 | 157,305 | 5.82 | 0.07 |
| Industrial Metals and Mining Total | 32,427 | 903,487 | 173.59 | 1.92 | 871,060 | 180.52 | 2.20 |
| Hudaco Industries Ltd. | 0 | 14,122 | 2.76 | 0.03 | 14,122 | 2.68 | 0.03 |
| Industrial Support Services Total | 0 | 14,122 | 2.76 | 0.03 | 14,122 | 2.68 | 0.03 |
| Grindrod Ltd. | 0 | 283,894 | 3.57 | 0.04 | 283,894 | 3.46 | 0.04 |
| Super Group Ltd. | 0 | 163,768 | 2.61 | 0.03 | 163,768 | 4.63 | 0.06 |
| Industrial Transportation Total | 0 | 447,662 | 6.18 | 0.07 | 447,662 | 8.09 | 0.10 |
| Sygnia Itrix S&P Glb 1200 ESG ETF | 0 | 1,656,355 | 97.07 | 1.08 | 1,656,355 | 89.61 | 1.09 |
| Sygnia Skeleton International Equity FoF - C | 4,092,802 | 66,531,395 | 186.93 | 2.07 | 62,438,593 | 163.08 | 1.99 |
| International Total | 4,092,802 | 68,187,750 | 284.00 | 3.15 | 64,094,948 | 252.69 | 3.08 |
| Alexander Forbes Group Holdings Ltd. | 0 | 96,482 | 0.83 | 0.01 | 96,482 | 0.74 | 0.01 |
| Coronation Fund Managers Ltd. | 27,852 | 146,982 | 5.80 | 0.06 | 119,130 | 4.64 | 0.06 |
| Hosken Consolidated Investments Ltd. | 0 | 22,661 | 2.92 | 0.03 | 22,661 | 3.05 | 0.04 |
| JSE Ltd. | 3,984 | 43,413 | 5.78 | 0.06 | 39,429 | 4.89 | 0.06 |
| Ninety One Ltd. | 0 | 117,275 | 5.12 | 0.06 | 117,275 | 4.07 | 0.05 |
| Ninety One plc | 0 | 90,840 | 4.07 | 0.05 | 90,840 | 3.14 | 0.04 |
| PSG Financial Services Ltd. | -43,224 | 514,879 | 11.33 | 0.13 | 558,103 | 10.12 | 0.12 |
| Quilter plc | -20,264 | 402,984 | 15.29 | 0.17 | 423,248 | 15.00 | 0.18 |
| Reinet Investments SCA | -1,182 | 69,918 | 40.18 | 0.45 | 71,100 | 31.87 | 0.39 |
| Remgro Ltd. | 8,123 | 261,583 | 41.18 | 0.46 | 253,460 | 39.45 | 0.48 |
| Investment Banking and Brokerage Services Total | -24,711 | 1,767,017 | 132.50 | 1.47 | 1,791,728 | 116.97 | 1.43 |
| Discovery Ltd. | 9,699 | 281,549 | 60.61 | 0.67 | 271,850 | 54.12 | 0.66 |
| Momentum Group Ltd. | 12,725 | 663,209 | 22.79 | 0.25 | 650,484 | 20.60 | 0.25 |
| Old Mutual Ltd. | -138,722 | 2,155,126 | 25.84 | 0.29 | 2,293,848 | 27.43 | 0.33 |
| Sanlam Ltd. | 76,284 | 918,597 | 81.58 | 0.90 | 842,313 | 70.27 | 0.86 |
| Life Insurance Total | -40,014 | 4,018,481 | 190.82 | 2.11 | 4,058,495 | 172.43 | 2.10 |
| Nedgroup Investments Corporate Money Market - C15 | 45,532,244 | 550,619,694 | 550.62 | 6.10 | 505,087,450 | 505.09 | 6.16 |
| Sygnia Money Market - C | -42,901,246 | 40,467,261 | 40.48 | 0.45 | 83,368,507 | 83.43 | 1.02 |
| Money Market Total | 2,630,998 | 591,086,955 | 591.10 | 6.55 | 588,455,957 | 588.51 | 7.18 |
| OUTsurance Group Ltd. | 17,047 | 449,337 | 35.21 | 0.39 | 432,290 | 30.19 | 0.37 |
| Santam Ltd. | 2,472 | 21,760 | 9.27 | 0.10 | 19,288 | 7.21 | 0.09 |
| Non-life Insurance Total | 19,519 | 471,097 | 44.48 | 0.49 | 451,578 | 37.40 | 0.46 |
| iShares Core MSCI Japan | 11,597 | 11,597 | 12.73 | 0.14 | 0 | 0.00 | 0.00 |
| iShares Core MSCI World UCITS ETF | -16,631 | 188,017 | 393.34 | 4.36 | 204,648 | 393.53 | 4.80 |
| iShares J.P. Morgan $ EM Corp Bond UCITS ETF | 1,029,484 | 1,029,484 | 117.40 | 1.30 | 0 | 0.00 | 0.00 |
| Offshore Intern Total | 1,024,450 | 1,229,098 | 523.47 | 5.80 | 204,648 | 393.53 | 4.80 |
| Exxaro Resources Ltd. | -2,929 | 127,071 | 18.66 | 0.21 | 130,000 | 19.39 | 0.24 |
| Thungela Resources Ltd. | 5,526 | 60,937 | 5.14 | 0.06 | 55,411 | 5.64 | 0.07 |
| Oil, Gas and Coal Total | 2,597 | 188,008 | 23.80 | 0.26 | 185,411 | 25.03 | 0.31 |
| Bid Corporation Ltd. | 7,995 | 176,317 | 83.25 | 0.92 | 168,322 | 74.03 | 0.90 |
| Boxer Retail Ltd. | 0 | 86,679 | 5.97 | 0.07 | 86,679 | 6.09 | 0.07 |
| Clicks Group Ltd. | -1,610 | 124,205 | 46.25 | 0.51 | 125,815 | 42.42 | 0.52 |
| Dis-Chem Pharmacies Ltd. | -15,991 | 247,547 | 8.05 | 0.09 | 263,538 | 8.06 | 0.10 |
| Pick n Pay Stores Ltd. | 0 | 282,519 | 7.57 | 0.08 | 282,519 | 7.78 | 0.09 |
| Shoprite Holdings Ltd. | 6,212 | 247,542 | 69.26 | 0.77 | 241,330 | 65.40 | 0.80 |
| The SPAR Group Ltd. | 0 | 102,541 | 11.05 | 0.12 | 102,541 | 12.21 | 0.15 |
| Personal Care, Drug and Grocery Stores Total | -3,394 | 1,267,350 | 231.40 | 2.56 | 1,270,744 | 215.99 | 2.64 |
| Compagnie Financière Richemont SA | -565 | 25,085 | 83.58 | 0.93 | 25,650 | 81.81 | 1.00 |
| Personal Goods Total | -565 | 25,085 | 83.58 | 0.93 | 25,650 | 81.81 | 1.00 |
| Adcock Ingram Holdings Ltd. | 0 | 24,157 | 1.23 | 0.01 | 24,157 | 1.18 | 0.01 |
| Aspen Pharmacare Holdings Ltd. | 0 | 204,512 | 24.45 | 0.27 | 204,512 | 33.25 | 0.41 |
| Pharmaceuticals and Biotechnology Total | 0 | 228,669 | 25.68 | 0.28 | 228,669 | 34.43 | 0.42 |
| AngloGold Ashanti plc | 10,749 | 185,777 | 148.37 | 1.64 | 175,028 | 122.14 | 1.49 |
| DRDGOLD Ltd. | 18,046 | 224,301 | 5.28 | 0.06 | 206,255 | 5.83 | 0.07 |
| Gold Fields Ltd. | 13,819 | 462,935 | 192.46 | 2.13 | 449,116 | 187.17 | 2.28 |
| Harmony Gold Mining Company Ltd. | 4,587 | 286,663 | 69.22 | 0.77 | 282,076 | 75.09 | 0.92 |
| Impala Platinum Holdings Ltd. | 4,327 | 410,027 | 65.28 | 0.72 | 405,700 | 51.58 | 0.63 |
| Northam Platinum Holdings Ltd. | 0 | 186,572 | 36.07 | 0.40 | 186,572 | 24.95 | 0.30 |
| Pan African Resources plc | 0 | 869,940 | 9.58 | 0.11 | 869,940 | 8.86 | 0.11 |
| Sibanye Stillwater Ltd. | -12,276 | 1,471,788 | 47.49 | 0.53 | 1,484,064 | 30.73 | 0.38 |
| Valterra Platinum Ltd. | 22,518 | 66,410 | 52.53 | 0.58 | 43,892 | 32.94 | 0.40 |
| Precious Metals and Mining Total | 61,770 | 4,164,413 | 626.29 | 6.94 | 4,102,643 | 539.29 | 6.58 |
| Sygnia Listed Property Index - C | -1,775,833 | 120,263,414 | 96.50 | 1.07 | 122,039,247 | 91.41 | 1.12 |
| Property Unit Trusts Total | -1,775,833 | 120,263,414 | 96.50 | 1.07 | 122,039,247 | 91.41 | 1.12 |
| Fortress Real Estate Investments Ltd. | -207,261 | 669,653 | 13.38 | 0.15 | 876,914 | 16.64 | 0.20 |
| Lighthouse Properties plc | -109,392 | 601,377 | 4.84 | 0.05 | 710,769 | 5.66 | 0.07 |
| MAS plc | -97,803 | 256,195 | 6.24 | 0.07 | 353,998 | 6.41 | 0.08 |
| NEPI Rockcastle NV | -118,554 | 332,063 | 45.00 | 0.50 | 450,617 | 59.67 | 0.73 |
| Real Estate Investment and Services Total | -533,010 | 1,859,288 | 69.47 | 0.77 | 2,392,298 | 88.39 | 1.08 |
| Attacq Ltd. | -102,314 | 399,303 | 5.61 | 0.06 | 501,617 | 6.54 | 0.08 |
| Burstone Group Ltd. | -122,671 | 308,972 | 2.51 | 0.03 | 431,643 | 3.55 | 0.04 |
| Emira Property Fund Ltd. | -44,016 | 90,359 | 0.99 | 0.01 | 134,375 | 1.44 | 0.02 |
| Equites Property Fund Ltd. | -129,223 | 460,630 | 6.94 | 0.08 | 589,853 | 8.27 | 0.10 |
| Fairvest Ltd. | -331,943 | 1,005,215 | 5.27 | 0.06 | 1,337,158 | 6.26 | 0.08 |
| Growthpoint Properties Ltd. | -748,922 | 1,884,375 | 25.01 | 0.28 | 2,633,297 | 34.07 | 0.42 |
| Hammerson plc | 5,693 | 59,235 | 4.36 | 0.05 | 53,542 | 3.17 | 0.04 |
| Hyprop Investments Ltd. | -95,260 | 212,731 | 9.01 | 0.10 | 307,991 | 12.92 | 0.16 |
| Primary Health Properties plc | 17,614 | 64,474 | 1.57 | 0.02 | 46,860 | 1.06 | 0.01 |
| Redefine Properties Ltd. | -1,426,817 | 3,785,948 | 17.19 | 0.19 | 5,212,765 | 22.00 | 0.27 |
| Resilient REIT Ltd. | -62,375 | 166,908 | 10.08 | 0.11 | 229,283 | 13.02 | 0.16 |
| SA Corporate Real Estate Ltd. | -343,759 | 1,474,435 | 4.63 | 0.05 | 1,818,194 | 4.75 | 0.06 |
| Shaftesbury Capital plc | 26,057 | 86,289 | 3.32 | 0.04 | 60,232 | 1.80 | 0.02 |
| Sirius Real Estate Ltd. | -42,174 | 266,729 | 6.28 | 0.07 | 308,903 | 6.24 | 0.08 |
| Stor-Age Property REIT Ltd. | -36,224 | 243,416 | 3.89 | 0.04 | 279,640 | 4.07 | 0.05 |
| Vukile Property Fund Ltd. | -250,808 | 669,250 | 13.14 | 0.15 | 920,058 | 15.97 | 0.19 |
| Real Estate Investment Trusts Total | -3,687,142 | 11,178,269 | 119.78 | 1.33 | 14,865,411 | 145.12 | 1.77 |
| Cashbuild Ltd. | 0 | 9,644 | 1.48 | 0.02 | 9,644 | 1.46 | 0.02 |
| Italtile Ltd. | 0 | 208,380 | 2.10 | 0.02 | 208,380 | 2.14 | 0.03 |
| Motus Holdings Ltd. | 10,228 | 81,009 | 7.65 | 0.08 | 70,781 | 6.15 | 0.08 |
| Mr Price Group Ltd. | 7,780 | 131,942 | 29.25 | 0.32 | 124,162 | 27.49 | 0.34 |
| Pepkor Holdings Ltd. | 0 | 1,391,205 | 37.95 | 0.42 | 1,391,205 | 35.64 | 0.43 |
| The Foschini Group Ltd. | 0 | 170,080 | 21.91 | 0.24 | 170,080 | 20.97 | 0.26 |
| Truworths International Ltd. | 0 | 198,603 | 14.15 | 0.16 | 198,603 | 14.45 | 0.18 |
| We Buy Cars Holdings Ltd. | 10,745 | 118,714 | 7.03 | 0.08 | 107,969 | 4.51 | 0.06 |
| Woolworths Holdings Ltd. | -8,262 | 470,218 | 24.44 | 0.27 | 478,480 | 24.75 | 0.30 |
| Retailers Total | 20,491 | 2,779,795 | 145.96 | 1.62 | 2,759,304 | 137.56 | 1.68 |
| Altron Ltd. | 25,843 | 120,785 | 2.63 | 0.03 | 94,942 | 1.95 | 0.02 |
| Bytes Technology Group plc | 0 | 33,241 | 4.14 | 0.05 | 33,241 | 3.85 | 0.05 |
| Datatec Ltd. | 0 | 102,352 | 6.68 | 0.07 | 102,352 | 5.67 | 0.07 |
| Karooooo Ltd. | 0 | 2,779 | 2.43 | 0.03 | 2,779 | 2.17 | 0.03 |
| Naspers Ltd. | -858 | 61,272 | 339.53 | 3.76 | 62,130 | 282.07 | 3.44 |
| Prosus NV | -2,479 | 108,936 | 107.94 | 1.20 | 111,415 | 93.69 | 1.14 |
| Software and Computer Services Total | 22,506 | 429,365 | 463.35 | 5.13 | 406,859 | 389.40 | 4.75 |
| Blu Label Unlimited Group Ltd. | 0 | 243,126 | 3.47 | 0.04 | 243,126 | 1.82 | 0.02 |
| MTN Group Ltd. | 27,391 | 948,435 | 133.97 | 1.48 | 921,044 | 114.12 | 1.39 |
| MultiChoice Group Ltd. | 7,321 | 119,368 | 14.02 | 0.16 | 112,047 | 12.33 | 0.15 |
| Telkom SA SOC Ltd. | 0 | 141,953 | 7.51 | 0.08 | 141,953 | 5.24 | 0.06 |
| Vodacom Group Ltd. | 9,788 | 313,980 | 42.87 | 0.48 | 304,192 | 37.52 | 0.46 |
| Telecommunications Service Providers Total | 44,500 | 1,766,862 | 201.84 | 2.24 | 1,722,362 | 171.03 | 2.09 |
| British American Tobacco plc | -4,792 | 108,994 | 91.58 | 1.01 | 113,786 | 85.33 | 1.04 |
| Tobacco Total | -4,792 | 108,994 | 91.58 | 1.01 | 113,786 | 85.33 | 1.04 |
| Famous Brands Ltd. | 0 | 40,091 | 2.49 | 0.03 | 40,091 | 2.31 | 0.03 |
| Southern Sun Ltd. | 0 | 374,608 | 3.30 | 0.04 | 374,608 | 3.13 | 0.04 |
| Sun International Ltd. | 14,082 | 93,119 | 4.05 | 0.04 | 79,037 | 3.28 | 0.04 |
| Tsogo Sun Ltd. | 0 | 244,594 | 1.89 | 0.02 | 244,594 | 2.04 | 0.02 |
| Travel and Leisure Total | 14,082 | 752,412 | 11.73 | 0.13 | 738,330 | 10.76 | 0.13 |
| Portfolio Total | -43,848,505 | 2,233,724,678 | 9,024.11 | 100.00 | 2,277,573,183 | 8,194.88 | 100.00 |