| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Metair Investments Ltd. | 0 | 182,976 | 0.82 | 0.01 | 182,976 | 1.24 | 0.02 |
| Automobiles and Parts Total | 0 | 182,976 | 0.82 | 0.01 | 182,976 | 1.24 | 0.02 |
| Absa Group Ltd. | 10,579 | 272,539 | 65.23 | 0.91 | 261,960 | 47.40 | 0.68 |
| Capitec Bank Holdings Ltd. | -2,787 | 30,105 | 125.11 | 1.74 | 32,892 | 114.09 | 1.63 |
| FirstRand Ltd. | -131,456 | 1,462,898 | 132.76 | 1.85 | 1,594,354 | 124.10 | 1.77 |
| Investec Ltd. | 1,649 | 122,871 | 15.01 | 0.21 | 121,222 | 15.52 | 0.22 |
| Investec plc | -36,026 | 251,473 | 30.72 | 0.43 | 287,499 | 36.94 | 0.53 |
| Nedbank Group Ltd. | 32,008 | 124,882 | 33.25 | 0.46 | 92,874 | 19.88 | 0.28 |
| Standard Bank Group Ltd. | 19,489 | 676,997 | 196.60 | 2.74 | 657,508 | 155.36 | 2.22 |
| Banks Total | -106,544 | 2,941,765 | 598.69 | 8.35 | 3,048,309 | 513.30 | 7.33 |
| Anheuser-Busch InBev SA/NV | -10,165 | 86,472 | 92.57 | 1.29 | 96,637 | 99.75 | 1.42 |
| Beverages Total | -10,165 | 86,472 | 92.57 | 1.29 | 96,637 | 99.75 | 1.42 |
| SA Bond ABFN61 | 0 | 6,700,000 | 6.83 | 0.10 | 6,700,000 | 6.83 | 0.10 |
| SA Bond AGT04 | -1,800,000 | 0 | 0.00 | 0.00 | 1,800,000 | 1.84 | 0.03 |
| SA Bond AIR05 | -1,100,000 | 0 | 0.00 | 0.00 | 1,100,000 | 1.16 | 0.02 |
| SA Bond AIRL01 | -200,000 | 0 | 0.00 | 0.00 | 200,000 | 0.48 | 0.01 |
| SA Bond ASC138 | -1,100,000 | 0 | 0.00 | 0.00 | 1,100,000 | 1.13 | 0.02 |
| SA Bond ASC285 | 0 | 10,131,397 | 10.13 | 0.14 | 10,131,397 | 10.13 | 0.14 |
| SA Bond BNDS | 0 | 0 | 242.55 | 3.38 | 0 | 0.57 | 0.01 |
| SA Bond COJ08 | 0 | 800,000 | 0.81 | 0.01 | 800,000 | 0.83 | 0.01 |
| SA Bond ES33 | -13,600,000 | 12,750,000 | 12.20 | 0.17 | 26,350,000 | 23.28 | 0.33 |
| SA Bond ES42 | 0 | 4,000,000 | 3.77 | 0.05 | 4,000,000 | 3.56 | 0.05 |
| SA Bond FRB33 | 1,650,000 | 1,650,000 | 1.69 | 0.02 | 0 | 0.00 | 0.00 |
| SA Bond FRB35 | -6,700,000 | 0 | 0.00 | 0.00 | 6,700,000 | 6.89 | 0.10 |
| SA Bond FRB42 | 0 | 7,650,000 | 7.66 | 0.11 | 7,650,000 | 7.66 | 0.11 |
| SA Bond FRC560 | 0 | 1,750,000 | 1.88 | 0.03 | 1,750,000 | 1.79 | 0.03 |
| SA Bond FRX30 | 0 | 2,000,000 | 2.27 | 0.03 | 2,000,000 | 2.19 | 0.03 |
| SA Bond FRX31 | 0 | 6,730,000 | 7.49 | 0.10 | 6,730,000 | 7.27 | 0.10 |
| SA Bond FRX32 | 0 | 5,800,000 | 6.82 | 0.10 | 5,800,000 | 6.45 | 0.09 |
| SA Bond HWAY34 | 0 | 4,570,000 | 4.90 | 0.07 | 4,570,000 | 4.52 | 0.06 |
| SA Bond I2029 | -11,410,000 | 0 | 0.00 | 0.00 | 11,410,000 | 15.99 | 0.23 |
| SA Bond I2031 | 0 | 15,078,000 | 17.19 | 0.24 | 15,078,000 | 16.76 | 0.24 |
| SA Bond I2033 | -79,182,605 | 0 | 0.00 | 0.00 | 79,182,605 | 106.15 | 1.52 |
| SA Bond I2038 | -2,830,000 | 0 | 0.00 | 0.00 | 2,830,000 | 4.10 | 0.06 |
| SA Bond I2046 | -16,022,860 | 0 | 0.00 | 0.00 | 16,022,860 | 19.87 | 0.28 |
| SA Bond I2050 | -7,940,000 | 0 | 0.00 | 0.00 | 7,940,000 | 9.98 | 0.14 |
| SA Bond INLV17 | 0 | 10,000,000 | 10.10 | 0.14 | 10,000,000 | 10.10 | 0.14 |
| SA Bond MTN56 | 1,200,000 | 1,200,000 | 1.23 | 0.02 | 0 | 0.00 | 0.00 |
| SA Bond NBK21A | 0 | 600,000 | 0.66 | 0.01 | 600,000 | 0.64 | 0.01 |
| SA Bond NBKB76 | -4,000,000 | 0 | 0.00 | 0.00 | 4,000,000 | 4.12 | 0.06 |
| SA Bond NGT112 | 0 | 1,300,000 | 1.34 | 0.02 | 1,300,000 | 1.34 | 0.02 |
| SA Bond NGT114 | 0 | 1,900,000 | 1.94 | 0.03 | 1,900,000 | 1.95 | 0.03 |
| SA Bond NGT116 | 3,000,000 | 3,000,000 | 3.05 | 0.04 | 0 | 0.00 | 0.00 |
| SA Bond NHM026 | 0 | 4,000,000 | 4.21 | 0.06 | 4,000,000 | 4.22 | 0.06 |
| SA Bond NHM027 | -2,500,000 | 0 | 0.00 | 0.00 | 2,500,000 | 2.52 | 0.04 |
| SA Bond NHM029 | -2,400,000 | 0 | 0.00 | 0.00 | 2,400,000 | 2.41 | 0.03 |
| SA Bond NRA028 | -200,000 | 0 | 0.00 | 0.00 | 200,000 | 0.23 | 0.00 |
| SA Bond R186 | -13,730,000 | 0 | 0.00 | 0.00 | 13,730,000 | 14.61 | 0.21 |
| SA Bond R202 | -354,040 | 0 | 0.00 | 0.00 | 354,040 | 0.99 | 0.01 |
| SA Bond R2030 | -19,880,000 | 0 | 0.00 | 0.00 | 19,880,000 | 20.22 | 0.29 |
| SA Bond R2032 | -57,240,000 | 151,304,493 | 158.46 | 2.21 | 208,544,493 | 205.88 | 2.94 |
| SA Bond R2033 | 0 | 1,200,000 | 1.37 | 0.02 | 1,200,000 | 1.28 | 0.02 |
| SA Bond R2035 | -20,270,000 | 119,180,000 | 127.90 | 1.78 | 139,450,000 | 138.15 | 1.97 |
| SA Bond R2037 | -10,450,000 | 83,585,000 | 86.11 | 1.20 | 94,035,000 | 88.04 | 1.26 |
| SA Bond R2038 | 4,250,000 | 13,190,000 | 15.69 | 0.22 | 8,940,000 | 9.70 | 0.14 |
| SA Bond R2040 | 780,000 | 89,665,000 | 93.42 | 1.30 | 88,885,000 | 82.83 | 1.18 |
| SA Bond R2042 | 3,000,000 | 3,000,000 | 3.34 | 0.05 | 0 | 0.00 | 0.00 |
| SA Bond R2044 | 6,860,000 | 51,185,000 | 51.15 | 0.71 | 44,325,000 | 39.29 | 0.56 |
| SA Bond R2048 | 4,910,000 | 13,901,200 | 13.83 | 0.19 | 8,991,200 | 7.85 | 0.11 |
| SA Bond R2053 | -5,360,000 | 0 | 0.00 | 0.00 | 5,360,000 | 6.09 | 0.09 |
| SA Bond R209 | -300,000 | 7,947,703 | 6.92 | 0.10 | 8,247,703 | 6.56 | 0.09 |
| SA Bond R213 | -15,500,000 | 0 | 0.00 | 0.00 | 15,500,000 | 14.81 | 0.21 |
| SA Bond R214 | -200,000 | 7,775,000 | 6.36 | 0.09 | 7,975,000 | 5.83 | 0.08 |
| SA Bond RW28 | -2,600,000 | 0 | 0.00 | 0.00 | 2,600,000 | 2.76 | 0.04 |
| SA Bond SBC065 | 2,000,000 | 2,900,000 | 3.07 | 0.04 | 900,000 | 0.94 | 0.01 |
| SA Bond SBC071 | 0 | 1,500,000 | 1.58 | 0.02 | 1,500,000 | 1.56 | 0.02 |
| SA Bond SBC072 | 0 | 1,300,000 | 1.42 | 0.02 | 1,300,000 | 1.36 | 0.02 |
| SA Bond SBC077 | -2,500,000 | 0 | 0.00 | 0.00 | 2,500,000 | 2.65 | 0.04 |
| SA Bond SBS39 | 0 | 2,880,000 | 3.25 | 0.05 | 2,880,000 | 3.12 | 0.04 |
| SA Bond SBT105 | 1,750,000 | 4,300,000 | 4.33 | 0.06 | 2,550,000 | 2.59 | 0.04 |
| SA Bond SBT106 | 0 | 9,000,000 | 9.23 | 0.13 | 9,000,000 | 9.23 | 0.13 |
| SA Bond SBT107 | 0 | 19,250,000 | 20.19 | 0.28 | 19,250,000 | 20.21 | 0.29 |
| SA Bond SBT108 | 0 | 7,500,000 | 7.88 | 0.11 | 7,500,000 | 7.92 | 0.11 |
| SA Bond SBT110 | 0 | 4,200,000 | 4.33 | 0.06 | 4,200,000 | 4.34 | 0.06 |
| SA Bond SBT114 | 0 | 2,600,000 | 2.63 | 0.04 | 2,600,000 | 2.60 | 0.04 |
| SA Bond SBT115 | 2,200,000 | 2,200,000 | 2.20 | 0.03 | 0 | 0.00 | 0.00 |
| SA Bond SBT208 | -500,000 | 0 | 0.00 | 0.00 | 500,000 | 0.51 | 0.01 |
| SA Bond SBT209 | -2,950,000 | 0 | 0.00 | 0.00 | 2,950,000 | 2.97 | 0.04 |
| SA Bond SOL03 | 0 | 1,400,000 | 1.43 | 0.02 | 1,400,000 | 1.43 | 0.02 |
| SA Bond SOL04 | 4,950,000 | 5,750,000 | 5.86 | 0.08 | 800,000 | 0.82 | 0.01 |
| SA Bond SST203 | -2,100,000 | 0 | 0.00 | 0.00 | 2,100,000 | 2.15 | 0.03 |
| SA Bond TN27 | -700,000 | 0 | 0.00 | 0.00 | 700,000 | 0.73 | 0.01 |
| SA Bond TNFG32 | 0 | 500,000 | 0.52 | 0.01 | 500,000 | 0.51 | 0.01 |
| SA Bond TNG29 | 0 | 6,100,000 | 6.88 | 0.10 | 6,100,000 | 6.55 | 0.09 |
| Bond Total | -269,069,505 | 714,922,793 | 988.06 | 13.78 | 983,992,298 | 1,004.02 | 14.33 |
| Investec Gilt - Z | 209,238 | 14,180,159 | 33.23 | 0.46 | 13,970,921 | 30.54 | 0.44 |
| STANLIB Inflation Linked Bond - B1 | 597,977 | 27,505,827 | 38.69 | 0.54 | 26,907,850 | 35.69 | 0.51 |
| STANLIB Multi-Manager Bond Feeder B3 | 13,739,229 | 13,739,229 | 65.88 | 0.92 | 0 | 0.00 | 0.00 |
| Bond Fund Total | 14,546,444 | 55,425,215 | 137.80 | 1.92 | 40,878,771 | 66.23 | 0.95 |
| JPMorgan Managed Reserves USD (Acc) | -1 | 1 | 0.38 | 0.01 | 2 | 0.40 | 0.01 |
| Cash Total | -1 | 1 | 0.38 | 0.01 | 2 | 0.40 | 0.01 |
| Cash on call | 0 | 0 | 137.82 | 1.92 | 0 | 145.14 | 2.07 |
| Cash on call Total | 0 | 0 | 137.82 | 1.92 | 0 | 145.14 | 2.07 |
| AECI Ltd. | -28,994 | 34,155 | 3.05 | 0.04 | 63,149 | 6.13 | 0.09 |
| Omnia Holdings Ltd. | 0 | 56,820 | 4.48 | 0.06 | 56,820 | 4.07 | 0.06 |
| Sasol Ltd. | -60,468 | 123,787 | 13.15 | 0.18 | 184,255 | 19.77 | 0.28 |
| Chemicals Total | -89,462 | 214,762 | 20.67 | 0.29 | 304,224 | 29.98 | 0.43 |
| EPE Capital Partners Ltd. | -110 | 12,912 | 0.09 | 0.00 | 13,022 | 0.09 | 0.00 |
| Closed End Investments Total | -110 | 12,912 | 0.09 | 0.00 | 13,022 | 0.09 | 0.00 |
| PPC Ltd. | 0 | 546,112 | 3.05 | 0.04 | 546,112 | 2.95 | 0.04 |
| Wilson Bayly Holmes - Ovcon Ltd. | -8,929 | 15,753 | 2.63 | 0.04 | 24,682 | 3.70 | 0.05 |
| Construction and Materials Total | -8,929 | 561,865 | 5.68 | 0.08 | 570,794 | 6.65 | 0.09 |
| Advtech Ltd. | 20,491 | 692,659 | 25.79 | 0.36 | 672,168 | 21.21 | 0.30 |
| Curro Holdings Ltd. | -24 | 3,786 | 0.05 | 0.00 | 3,810 | 0.05 | 0.00 |
| Stadio Holdings Ltd. | 21,519 | 750,303 | 9.98 | 0.14 | 728,784 | 7.65 | 0.11 |
| Consumer Services Total | 41,986 | 1,446,748 | 35.82 | 0.50 | 1,404,762 | 28.91 | 0.41 |
| Bond Derivative | 0 | 0 | 0.25 | 0.00 | 0 | -0.12 | 0.00 |
| Equity Derivative | 0 | 0 | -54.12 | -0.75 | 0 | -73.80 | -1.05 |
| Derivatives Total | 0 | 0 | -53.87 | -0.75 | 0 | -73.92 | -1.06 |
| 1nvestPlatinum ETF | 28,314 | 50,288 | 16.40 | 0.23 | 21,974 | 5.71 | 0.08 |
| NewPlat | -6,741 | 26,252 | 8.35 | 0.12 | 32,993 | 8.53 | 0.12 |
| NewGold | 0 | 21,083 | 14.02 | 0.20 | 21,083 | 12.86 | 0.18 |
| Exchange Traded Funds Total | 21,573 | 97,623 | 38.77 | 0.54 | 76,050 | 27.11 | 0.39 |
| Channel VAS Investments Ltd. | 157,350 | 157,350 | 3.22 | 0.04 | 0 | 0.00 | 0.00 |
| Nutun Ltd. | -986,296 | 0 | 0.00 | 0.00 | 986,296 | 0.99 | 0.01 |
| Finance and Credit Services Total | -828,946 | 157,350 | 3.22 | 0.04 | 986,296 | 0.99 | 0.01 |
| Astral Foods Ltd. | 1,918 | 33,610 | 8.96 | 0.13 | 31,692 | 6.57 | 0.09 |
| AVI Ltd. | -18,383 | 32,095 | 3.39 | 0.05 | 50,478 | 4.97 | 0.07 |
| Libstar Holdings Ltd. | 0 | 400,920 | 1.90 | 0.03 | 400,920 | 1.80 | 0.03 |
| Oceana Group Ltd. | 1,422 | 70,760 | 3.94 | 0.06 | 69,338 | 3.47 | 0.05 |
| Premier Group Ltd. | 0 | 25,675 | 4.30 | 0.06 | 25,675 | 3.93 | 0.06 |
| RCL Foods Ltd. | 0 | 141,802 | 1.43 | 0.02 | 141,802 | 1.37 | 0.02 |
| Tiger Brands Ltd. | -5,432 | 67,777 | 24.82 | 0.35 | 73,209 | 22.52 | 0.32 |
| Food Producers Total | -20,475 | 772,639 | 48.75 | 0.68 | 793,114 | 44.63 | 0.64 |
| USA - Currency | 0 | 0 | 1.94 | 0.03 | 0 | 2.02 | 0.03 |
| For Currency Total | 0 | 0 | 1.94 | 0.03 | 0 | 2.02 | 0.03 |
| Foreign - Unit Trusts | 0 | 0 | 1,803.44 | 25.14 | 0 | 127.39 | 1.82 |
| Foreign Invest Total | 0 | 0 | 1,803.44 | 25.14 | 0 | 127.39 | 1.82 |
| Unit Trust - Local - Equity | 0 | 0 | 2.09 | 0.03 | 0 | 0.00 | 0.00 |
| Unit Trusts - Equity | 0 | 0 | 2.11 | 0.03 | 0 | 0.00 | 0.00 |
| General Equity Total | 0 | 0 | 4.19 | 0.06 | 0 | 0.00 | 0.00 |
| KAP Ltd. | -54,069 | 2,011,219 | 3.86 | 0.05 | 2,065,288 | 3.51 | 0.05 |
| Mondi plc | 19,351 | 180,790 | 36.81 | 0.51 | 161,439 | 38.13 | 0.54 |
| Mpact Ltd. | 0 | 77,834 | 1.75 | 0.02 | 77,834 | 1.95 | 0.03 |
| Nampak Ltd. | 144 | 4,364 | 2.36 | 0.03 | 4,220 | 1.92 | 0.03 |
| General Industrials Total | -34,574 | 2,274,207 | 44.78 | 0.62 | 2,308,781 | 45.50 | 0.65 |
| Life Healthcare Group Holdings Ltd. | 108,300 | 575,596 | 6.56 | 0.09 | 467,296 | 5.43 | 0.08 |
| Health Care Providers Total | 108,300 | 575,596 | 6.56 | 0.09 | 467,296 | 5.43 | 0.08 |
| M&G Corporate Bond Fund - B | 16,336,614 | 16,336,614 | 17.88 | 0.25 | 0 | 0.00 | 0.00 |
| M&G High Interest - B | -901,471 | 10,971,224 | 11.17 | 0.16 | 11,872,695 | 12.09 | 0.17 |
| Ninety One Corporate Bond - Z | 312,595 | 19,047,319 | 21.98 | 0.31 | 18,734,724 | 20.25 | 0.29 |
| Income Total | 15,747,738 | 46,355,157 | 51.03 | 0.71 | 30,607,419 | 32.34 | 0.46 |
| Sappi Ltd. | 87,701 | 828,021 | 20.33 | 0.28 | 740,320 | 17.11 | 0.24 |
| Industrial Materials Total | 87,701 | 828,021 | 20.33 | 0.28 | 740,320 | 17.11 | 0.24 |
| African Rainbow Minerals Ltd. | -7,772 | 20,515 | 4.08 | 0.06 | 28,287 | 5.24 | 0.07 |
| Anglo American plc | -18,523 | 74,072 | 50.75 | 0.71 | 92,595 | 59.69 | 0.85 |
| BHP Group Ltd. | -2,786 | 29,710 | 15.07 | 0.21 | 32,496 | 15.53 | 0.22 |
| Glencore plc | 61,591 | 1,201,207 | 109.49 | 1.53 | 1,139,616 | 91.17 | 1.30 |
| Merafe Resources Ltd. | 0 | 290,300 | 0.32 | 0.00 | 290,300 | 0.31 | 0.00 |
| South32 Ltd. | -15,260 | 79,918 | 3.14 | 0.04 | 95,178 | 3.01 | 0.04 |
| Industrial Metals and Mining Total | 17,250 | 1,695,722 | 182.84 | 2.55 | 1,678,472 | 174.96 | 2.50 |
| Adcorp Holdings Ltd. | 0 | 65,923 | 0.41 | 0.01 | 65,923 | 0.44 | 0.01 |
| Novus Holdings Ltd. | 0 | 130,609 | 0.77 | 0.01 | 130,609 | 0.82 | 0.01 |
| Industrial Support Services Total | 0 | 196,532 | 1.18 | 0.02 | 196,532 | 1.26 | 0.02 |
| Grindrod Ltd. | 38,893 | 479,425 | 8.15 | 0.11 | 440,532 | 6.65 | 0.10 |
| Super Group Ltd. | 0 | 146,604 | 2.77 | 0.04 | 146,604 | 1.87 | 0.03 |
| Industrial Transportation Total | 38,893 | 626,029 | 10.92 | 0.15 | 587,136 | 8.52 | 0.12 |
| Brait plc | -696,744 | 4,330,302 | 9.66 | 0.13 | 5,027,046 | 10.36 | 0.15 |
| Brait plc | 11 | 11 | 0.01 | 0.00 | 0 | 0.00 | 0.00 |
| Coronation Fund Managers Ltd. | -4,263 | 65,266 | 3.05 | 0.04 | 69,529 | 3.08 | 0.04 |
| Hosken Consolidated Investments Ltd. | -21,412 | 6,153 | 0.96 | 0.01 | 27,565 | 3.42 | 0.05 |
| JSE Ltd. | 0 | 9,071 | 1.30 | 0.02 | 9,071 | 1.16 | 0.02 |
| Ninety One Ltd. | 7,493 | 118,146 | 5.65 | 0.08 | 110,653 | 5.03 | 0.07 |
| Ninety One plc | -19,128 | 48,100 | 2.32 | 0.03 | 67,228 | 3.15 | 0.05 |
| PSG Financial Services Ltd. | 1,433 | 903,348 | 24.62 | 0.34 | 901,915 | 20.47 | 0.29 |
| Quilter plc | -159,944 | 1,228,206 | 49.80 | 0.69 | 1,388,150 | 53.26 | 0.76 |
| Reinet Investments SCA | 31,746 | 76,466 | 44.35 | 0.62 | 44,720 | 22.60 | 0.32 |
| Remgro Ltd. | -13,134 | 187,094 | 33.98 | 0.47 | 200,228 | 33.78 | 0.48 |
| Zeder Investments Ltd. | -4,361 | 512,267 | 0.64 | 0.01 | 516,628 | 0.66 | 0.01 |
| Investment Banking and Brokerage Services Total | -878,303 | 7,484,430 | 176.34 | 2.46 | 8,362,733 | 156.98 | 2.24 |
| Discovery Ltd. | -18,023 | 123,519 | 28.11 | 0.39 | 141,542 | 28.00 | 0.40 |
| Momentum Group Ltd. | -637,509 | 0 | 0.00 | 0.00 | 637,509 | 20.98 | 0.30 |
| Momentum Group Ltd. | 716,627 | 716,627 | 27.40 | 0.38 | 0 | 0.00 | 0.00 |
| Old Mutual Ltd. | -338,584 | 0 | 0.00 | 0.00 | 338,584 | 4.49 | 0.06 |
| Old Mutual Ltd. | 735,908 | 735,908 | 10.97 | 0.15 | 0 | 0.00 | 0.00 |
| Sanlam Ltd. | 18,912 | 447,744 | 44.10 | 0.61 | 428,832 | 35.65 | 0.51 |
| Life Insurance Total | 477,331 | 2,023,798 | 110.58 | 1.54 | 1,546,467 | 89.13 | 1.27 |
| eMedia Holdings Ltd. | -113,019 | 0 | 0.00 | 0.00 | 113,019 | 0.20 | 0.00 |
| Media Total | -113,019 | 0 | 0.00 | 0.00 | 113,019 | 0.20 | 0.00 |
| Money Market - 32 months duration | 0 | 0 | 1.01 | 0.01 | 0 | 0.00 | 0.00 |
| Money Market - 33 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 1.01 | 0.01 |
| Money Market Instrument | 0 | 0 | 22.85 | 0.32 | 0 | 24.74 | 0.35 |
| Ninety One Money Market - Z | -9,187,735 | 0 | 0.00 | 0.00 | 9,187,735 | 9.25 | 0.13 |
| Stanlib Inst Money Market - B4 | -17,788 | 0 | 0.00 | 0.00 | 17,788 | 0.02 | 0.00 |
| Money Market Total | -9,205,523 | 0 | 23.87 | 0.33 | 9,205,523 | 35.01 | 0.50 |
| OUTsurance Group Ltd. | -175 | 20,627 | 1.48 | 0.02 | 20,802 | 1.48 | 0.02 |
| Santam Ltd. | -4,866 | 2,305 | 0.99 | 0.01 | 7,171 | 2.71 | 0.04 |
| Non-life Insurance Total | -5,041 | 22,932 | 2.46 | 0.03 | 27,973 | 4.19 | 0.06 |
| iShares Core MSCI World UCITS ETF | -286,118 | 0 | 0.00 | 0.00 | 286,118 | 622.75 | 8.89 |
| iShares Core MSCI World UCITS ETF | 0 | 0 | 620.37 | 8.65 | 0 | 0.00 | 0.00 |
| STANLIB Multi-Manager Global Bond | -20,103 | 0 | 0.00 | 0.00 | 20,103 | 364.62 | 5.20 |
| STANLIB Multi-Manager Global Equity | -38,123 | 0 | 0.00 | 0.00 | 38,123 | 1,373.13 | 19.60 |
| Offshore Intern Total | -344,344 | 0 | 620.37 | 8.65 | 344,344 | 2,360.50 | 33.70 |
| Exxaro Resources Ltd. | -10,049 | 183,799 | 32.90 | 0.46 | 193,848 | 34.71 | 0.50 |
| Thungela Resources Ltd. | 10,222 | 39,771 | 3.82 | 0.05 | 29,549 | 2.57 | 0.04 |
| Oil, Gas and Coal Total | 173 | 223,570 | 36.72 | 0.51 | 223,397 | 37.28 | 0.53 |
| Bid Corporation Ltd. | 9,852 | 152,683 | 64.41 | 0.90 | 142,831 | 61.70 | 0.88 |
| Boxer Retail Ltd. | -1,623 | 58,660 | 4.19 | 0.06 | 60,283 | 4.12 | 0.06 |
| Clicks Group Ltd. | -20,406 | 2,458 | 0.83 | 0.01 | 22,864 | 8.09 | 0.12 |
| Dis-Chem Pharmacies Ltd. | 143,040 | 958,196 | 33.54 | 0.47 | 815,156 | 26.62 | 0.38 |
| Pick n Pay Stores Ltd. | -1,827 | 386,411 | 9.62 | 0.13 | 388,238 | 9.71 | 0.14 |
| Shoprite Holdings Ltd. | -11,223 | 85,748 | 23.17 | 0.32 | 96,971 | 26.59 | 0.38 |
| The SPAR Group Ltd. | -11,140 | 135,793 | 12.97 | 0.18 | 146,933 | 14.21 | 0.20 |
| Personal Care, Drug and Grocery Stores Total | 106,673 | 1,779,949 | 148.72 | 2.07 | 1,673,276 | 151.05 | 2.16 |
| Compagnie Financière Richemont SA | -685 | 23,481 | 85.17 | 1.19 | 24,166 | 79.06 | 1.13 |
| Personal Goods Total | -685 | 23,481 | 85.17 | 1.19 | 24,166 | 79.06 | 1.13 |
| Adcock Ingram Holdings Ltd. | -10,000 | 0 | 0.00 | 0.00 | 10,000 | 0.72 | 0.01 |
| Aspen Pharmacare Holdings Ltd. | 26,921 | 312,818 | 36.53 | 0.51 | 285,897 | 27.45 | 0.39 |
| Pharmaceuticals and Biotechnology Total | 16,921 | 312,818 | 36.53 | 0.51 | 295,897 | 28.17 | 0.40 |
| AngloGold Ashanti plc | -20,374 | 130,457 | 186.96 | 2.61 | 150,831 | 179.31 | 2.56 |
| DRDGOLD Ltd. | 38,426 | 95,492 | 5.00 | 0.07 | 57,066 | 2.70 | 0.04 |
| Gold Fields Ltd. | -24,819 | 221,445 | 160.70 | 2.24 | 246,264 | 176.57 | 2.52 |
| Harmony Gold Mining Company Ltd. | 23,858 | 37,309 | 12.58 | 0.18 | 13,451 | 4.13 | 0.06 |
| Impala Platinum Holdings Ltd. | -4,686 | 177,679 | 46.55 | 0.65 | 182,365 | 39.66 | 0.57 |
| Northam Platinum Holdings Ltd. | -20,754 | 299,857 | 101.08 | 1.41 | 320,611 | 89.31 | 1.27 |
| Pan African Resources plc | -45,627 | 552,438 | 14.88 | 0.21 | 598,065 | 12.03 | 0.17 |
| Valterra Platinum Ltd. | -1,617 | 59,292 | 83.58 | 1.17 | 60,909 | 73.50 | 1.05 |
| Precious Metals and Mining Total | -55,593 | 1,573,969 | 611.33 | 8.52 | 1,629,562 | 577.21 | 8.24 |
| Investec Property Equity - Z | -61,747 | 3,989,819 | 17.55 | 0.24 | 4,051,566 | 15.18 | 0.22 |
| Property Total | -61,747 | 3,989,819 | 17.55 | 0.24 | 4,051,566 | 15.18 | 0.22 |
| STANLIB Multi-Manager Property - B3 | -13,591,610 | 0 | 0.00 | 0.00 | 13,591,610 | 56.33 | 0.80 |
| Property Unit Trusts Total | -13,591,610 | 0 | 0.00 | 0.00 | 13,591,610 | 56.33 | 0.80 |
| Anchor BCI Africa Flexible Income - C | 3,226,142 | 106,392,235 | 127.85 | 1.78 | 103,166,093 | 126.63 | 1.81 |
| Prudential Total | 3,226,142 | 106,392,235 | 127.85 | 1.78 | 103,166,093 | 126.63 | 1.81 |
| Fortress Real Estate Investments Ltd. | 163,769 | 1,271,355 | 30.39 | 0.42 | 1,107,586 | 25.29 | 0.36 |
| MAS plc | 0 | 23,102 | 0.52 | 0.01 | 23,102 | 0.49 | 0.01 |
| NEPI Rockcastle NV | 32,440 | 254,198 | 37.07 | 0.52 | 221,758 | 31.70 | 0.45 |
| RMB Holdings Ltd. | -624,426 | 0 | 0.00 | 0.00 | 624,426 | 0.25 | 0.00 |
| Real Estate Investment and Services Total | -428,217 | 1,548,655 | 67.98 | 0.95 | 1,976,872 | 57.73 | 0.82 |
| Attacq Ltd. | 22,686 | 405,416 | 6.61 | 0.09 | 382,730 | 5.27 | 0.08 |
| Burstone Group Ltd. | -147,703 | 0 | 0.00 | 0.00 | 147,703 | 1.20 | 0.02 |
| Dipula Properties Ltd. | 195,003 | 668,068 | 4.50 | 0.06 | 473,065 | 2.60 | 0.04 |
| Equites Property Fund Ltd. | 10,657 | 622,897 | 11.43 | 0.16 | 612,240 | 9.77 | 0.14 |
| Fairvest Ltd. | -1,373 | 249,641 | 4.45 | 0.06 | 251,014 | 4.61 | 0.07 |
| Fairvest Ltd. | 421,593 | 1,389,952 | 9.98 | 0.14 | 968,359 | 5.36 | 0.08 |
| Growthpoint Properties Ltd. | 100,380 | 1,230,611 | 21.12 | 0.29 | 1,130,231 | 16.69 | 0.24 |
| Hammerson plc | -862 | 187,376 | 13.69 | 0.19 | 188,238 | 12.91 | 0.18 |
| Hyprop Investments Ltd. | 65,504 | 235,891 | 13.45 | 0.19 | 170,387 | 7.92 | 0.11 |
| Redefine Properties Ltd. | 155,220 | 2,938,198 | 17.63 | 0.25 | 2,782,978 | 13.78 | 0.20 |
| Resilient REIT Ltd. | 12,885 | 87,006 | 6.96 | 0.10 | 74,121 | 4.73 | 0.07 |
| SA Corporate Real Estate Ltd. | 570,291 | 1,874,318 | 6.75 | 0.09 | 1,304,027 | 4.04 | 0.06 |
| Shaftesbury Capital plc | -5,241 | 11,006 | 0.36 | 0.01 | 16,247 | 0.53 | 0.01 |
| Sirius Real Estate Ltd. | 92,875 | 364,221 | 8.13 | 0.11 | 271,346 | 6.11 | 0.09 |
| Spear REIT Ltd. | -1,674 | 196,563 | 2.32 | 0.03 | 198,237 | 2.03 | 0.03 |
| Stor-Age Property REIT Ltd. | 21,830 | 234,248 | 4.20 | 0.06 | 212,418 | 3.28 | 0.05 |
| Supermarket Income REIT plc | 0 | 3,724 | 0.07 | 0.00 | 3,724 | 0.07 | 0.00 |
| Vukile Property Fund Ltd. | 339,621 | 743,752 | 18.59 | 0.26 | 404,131 | 8.43 | 0.12 |
| Real Estate Investment Trusts Total | 1,851,692 | 11,442,888 | 150.23 | 2.09 | 9,591,196 | 109.31 | 1.56 |
| CA Sales Holdings Ltd. | -46,218 | 306,734 | 4.55 | 0.06 | 352,952 | 6.18 | 0.09 |
| Cashbuild Ltd. | 0 | 11,247 | 1.52 | 0.02 | 11,247 | 1.56 | 0.02 |
| Italtile Ltd. | 0 | 111,763 | 1.01 | 0.01 | 111,763 | 1.06 | 0.02 |
| KAL Group Ltd. | -1 | 4,668 | 0.23 | 0.00 | 4,669 | 0.19 | 0.00 |
| Lewis Group Ltd. | -157 | 43,610 | 3.92 | 0.05 | 43,767 | 3.17 | 0.05 |
| Motus Holdings Ltd. | 30,550 | 43,939 | 5.36 | 0.07 | 13,389 | 1.39 | 0.02 |
| Mr Price Group Ltd. | -23,666 | 83,608 | 14.63 | 0.20 | 107,274 | 21.92 | 0.31 |
| Pepkor Holdings Ltd. | 128,106 | 1,612,601 | 42.65 | 0.59 | 1,484,495 | 36.33 | 0.52 |
| The Foschini Group Ltd. | 2,062 | 207,222 | 17.67 | 0.25 | 205,160 | 22.27 | 0.32 |
| Truworths International Ltd. | 39,727 | 76,358 | 4.35 | 0.06 | 36,631 | 2.00 | 0.03 |
| We Buy Cars Holdings Ltd. | 13,367 | 475,504 | 22.74 | 0.32 | 462,137 | 25.65 | 0.37 |
| Woolworths Holdings Ltd. | 36,154 | 632,991 | 35.45 | 0.49 | 596,837 | 29.88 | 0.43 |
| Retailers Total | 179,924 | 3,610,245 | 154.08 | 2.15 | 3,430,321 | 151.60 | 2.16 |
| Investec Emerging Companies - Z | 4,131 | 886,317 | 16.17 | 0.23 | 882,186 | 15.04 | 0.21 |
| Smaller Co's Total | 4,131 | 886,317 | 16.17 | 0.23 | 882,186 | 15.04 | 0.21 |
| Altron Ltd. | -1,251 | 146,904 | 2.92 | 0.04 | 148,155 | 2.71 | 0.04 |
| Bytes Technology Group plc | 19,972 | 163,655 | 13.33 | 0.19 | 143,683 | 13.24 | 0.19 |
| Datatec Ltd. | 1,517 | 63,538 | 5.02 | 0.07 | 62,021 | 3.71 | 0.05 |
| Naspers Ltd. | 170,208 | 213,286 | 235.58 | 3.28 | 43,078 | 271.50 | 3.88 |
| Prosus NV | -14,916 | 146,203 | 149.64 | 2.09 | 161,119 | 197.33 | 2.82 |
| Software and Computer Services Total | 175,530 | 733,586 | 406.50 | 5.67 | 558,056 | 488.50 | 6.97 |
| Blu Label Unlimited Group Ltd. | 0 | 278,505 | 2.94 | 0.04 | 278,505 | 3.30 | 0.05 |
| Cell C Holdings Ltd. | 147,630 | 147,630 | 4.21 | 0.06 | 0 | 0.00 | 0.00 |
| MTN Group Ltd. | -18,813 | 538,722 | 91.31 | 1.27 | 557,535 | 78.24 | 1.12 |
| Telkom SA SOC Ltd. | 9,078 | 101,208 | 5.97 | 0.08 | 92,130 | 4.72 | 0.07 |
| Vodacom Group Ltd. | 9,760 | 16,183 | 2.29 | 0.03 | 6,423 | 0.85 | 0.01 |
| Telecommunications Service Providers Total | 147,655 | 1,082,248 | 106.72 | 1.49 | 934,593 | 87.11 | 1.24 |
| British American Tobacco plc | 18,302 | 80,141 | 76.52 | 1.07 | 61,839 | 56.34 | 0.80 |
| Tobacco Total | 18,302 | 80,141 | 76.52 | 1.07 | 61,839 | 56.34 | 0.80 |
| City Lodge Hotels Ltd. | 0 | 233,765 | 1.21 | 0.02 | 233,765 | 0.95 | 0.01 |
| Comair Ltd. | 0 | 405,500 | 0.41 | 0.01 | 405,500 | 0.41 | 0.01 |
| Southern Sun Ltd. | 10,939 | 199,940 | 2.05 | 0.03 | 189,001 | 1.62 | 0.02 |
| Spur Corporation Ltd. | -6,816 | 60,221 | 2.30 | 0.03 | 67,037 | 2.35 | 0.03 |
| Sun International Ltd. | -3,400 | 108,020 | 4.17 | 0.06 | 111,420 | 4.49 | 0.06 |
| Tsogo Sun Ltd. | 0 | 592,293 | 4.15 | 0.06 | 592,293 | 3.86 | 0.06 |
| Travel and Leisure Total | 723 | 1,599,739 | 14.29 | 0.20 | 1,599,016 | 13.67 | 0.20 |
| Portfolio Total | -258,037,711 | 974,185,205 | 7,172.47 | 100.00 | 1,232,222,916 | 7,005.26 | 100.00 |