| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Metair Investments Ltd. | -2,587 | 182,976 | 1.24 | 0.02 | 185,563 | 1.39 | 0.02 |
| Automobiles and Parts Total | -2,587 | 182,976 | 1.24 | 0.02 | 185,563 | 1.39 | 0.02 |
| Absa Group Ltd. | -4,196 | 261,960 | 47.40 | 0.68 | 266,156 | 46.76 | 0.69 |
| Capitec Bank Holdings Ltd. | -652 | 32,892 | 114.09 | 1.63 | 33,544 | 119.23 | 1.77 |
| FirstRand Ltd. | -229,880 | 1,594,354 | 124.10 | 1.77 | 1,824,234 | 138.99 | 2.06 |
| Investec Ltd. | 10,787 | 121,222 | 15.52 | 0.22 | 110,435 | 14.60 | 0.22 |
| Investec plc | -26,367 | 287,499 | 36.94 | 0.53 | 313,866 | 41.46 | 0.61 |
| Nedbank Group Ltd. | 8,417 | 92,874 | 19.88 | 0.28 | 84,457 | 20.61 | 0.31 |
| Standard Bank Group Ltd. | 6,952 | 657,508 | 155.36 | 2.22 | 650,556 | 148.09 | 2.19 |
| Banks Total | -234,939 | 3,048,309 | 513.30 | 7.33 | 3,283,248 | 529.74 | 7.85 |
| Anheuser-Busch InBev SA/NV | 10,304 | 96,637 | 99.75 | 1.42 | 86,333 | 105.19 | 1.56 |
| Beverages Total | 10,304 | 96,637 | 99.75 | 1.42 | 86,333 | 105.19 | 1.56 |
| SA Bond ABFN61 | 0 | 6,700,000 | 6.83 | 0.10 | 6,700,000 | 6.83 | 0.10 |
| SA Bond AGT04 | 0 | 1,800,000 | 1.84 | 0.03 | 1,800,000 | 1.86 | 0.03 |
| SA Bond AIR05 | 0 | 1,100,000 | 1.16 | 0.02 | 1,100,000 | 1.10 | 0.02 |
| SA Bond AIRL01 | 200,000 | 200,000 | 0.48 | 0.01 | 0 | 0.00 | 0.00 |
| SA Bond ASC138 | 1,100,000 | 1,100,000 | 1.13 | 0.02 | 0 | 0.00 | 0.00 |
| SA Bond ASC285 | 10,131,397 | 10,131,397 | 10.13 | 0.14 | 0 | 0.00 | 0.00 |
| SA Bond BNDS | 0 | 0 | 0.57 | 0.01 | 0 | 170.69 | 2.53 |
| SA Bond COJ08 | 0 | 800,000 | 0.83 | 0.01 | 800,000 | 0.81 | 0.01 |
| SA Bond ES33 | 0 | 26,350,000 | 23.28 | 0.33 | 26,350,000 | 22.60 | 0.33 |
| SA Bond ES42 | 0 | 4,000,000 | 3.56 | 0.05 | 4,000,000 | 3.21 | 0.05 |
| SA Bond FRB35 | 0 | 6,700,000 | 6.89 | 0.10 | 6,700,000 | 6.88 | 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 | 1.79 | 0.03 | 1,750,000 | 1.74 | 0.03 |
| SA Bond FRX30 | 0 | 2,000,000 | 2.19 | 0.03 | 2,000,000 | 2.20 | 0.03 |
| SA Bond FRX31 | 0 | 6,730,000 | 7.27 | 0.10 | 6,730,000 | 7.20 | 0.11 |
| SA Bond FRX32 | 0 | 5,800,000 | 6.45 | 0.09 | 5,800,000 | 6.42 | 0.10 |
| SA Bond HWAY34 | 0 | 4,570,000 | 4.52 | 0.06 | 4,570,000 | 4.40 | 0.07 |
| SA Bond I2029 | 11,410,000 | 11,410,000 | 15.99 | 0.23 | 0 | 0.00 | 0.00 |
| SA Bond I2031 | 0 | 15,078,000 | 16.76 | 0.24 | 15,078,000 | 16.40 | 0.24 |
| SA Bond I2033 | 79,182,605 | 79,182,605 | 106.15 | 1.52 | 0 | 0.00 | 0.00 |
| SA Bond I2038 | 2,830,000 | 2,830,000 | 4.10 | 0.06 | 0 | 0.00 | 0.00 |
| SA Bond I2046 | 16,022,860 | 16,022,860 | 19.87 | 0.28 | 0 | 0.00 | 0.00 |
| SA Bond I2050 | 7,940,000 | 7,940,000 | 9.98 | 0.14 | 0 | 0.00 | 0.00 |
| SA Bond INLV17 | 0 | 10,000,000 | 10.10 | 0.14 | 10,000,000 | 10.10 | 0.15 |
| SA Bond NBK21A | 0 | 600,000 | 0.64 | 0.01 | 600,000 | 0.66 | 0.01 |
| SA Bond NBKB76 | 0 | 4,000,000 | 4.12 | 0.06 | 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 | 1.95 | 0.03 | 1,900,000 | 1.95 | 0.03 |
| SA Bond NHM026 | 0 | 4,000,000 | 4.22 | 0.06 | 4,000,000 | 4.04 | 0.06 |
| SA Bond NHM027 | 0 | 2,500,000 | 2.52 | 0.04 | 2,500,000 | 2.51 | 0.04 |
| SA Bond NHM029 | 0 | 2,400,000 | 2.41 | 0.03 | 2,400,000 | 2.41 | 0.04 |
| SA Bond NRA028 | 0 | 200,000 | 0.23 | 0.00 | 200,000 | 0.22 | 0.00 |
| SA Bond R186 | 0 | 13,730,000 | 14.61 | 0.21 | 13,730,000 | 14.29 | 0.21 |
| SA Bond R202 | 354,040 | 354,040 | 0.99 | 0.01 | 0 | 0.00 | 0.00 |
| SA Bond R2030 | -500,000 | 19,880,000 | 20.22 | 0.29 | 20,380,000 | 20.73 | 0.31 |
| SA Bond R2032 | 29,500,000 | 208,544,493 | 205.88 | 2.94 | 179,044,493 | 174.69 | 2.59 |
| SA Bond R2033 | 0 | 1,200,000 | 1.28 | 0.02 | 1,200,000 | 1.27 | 0.02 |
| SA Bond R2035 | -18,300,000 | 139,450,000 | 138.15 | 1.97 | 157,750,000 | 152.06 | 2.25 |
| SA Bond R2037 | -15,500,000 | 94,035,000 | 88.04 | 1.26 | 109,535,000 | 99.21 | 1.47 |
| SA Bond R2038 | 0 | 8,940,000 | 9.70 | 0.14 | 8,940,000 | 9.41 | 0.14 |
| SA Bond R2040 | 1,200,000 | 88,885,000 | 82.83 | 1.18 | 87,685,000 | 79.24 | 1.17 |
| SA Bond R2044 | 11,200,000 | 44,325,000 | 39.29 | 0.56 | 33,125,000 | 28.17 | 0.42 |
| SA Bond R2048 | -200,000 | 8,991,200 | 7.85 | 0.11 | 9,191,200 | 7.67 | 0.11 |
| SA Bond R2053 | 5,360,000 | 5,360,000 | 6.09 | 0.09 | 0 | 0.00 | 0.00 |
| SA Bond R209 | -200,000 | 8,247,703 | 6.56 | 0.09 | 8,447,703 | 6.44 | 0.10 |
| SA Bond R213 | 15,500,000 | 15,500,000 | 14.81 | 0.21 | 0 | 0.00 | 0.00 |
| SA Bond R214 | -100,000 | 7,975,000 | 5.83 | 0.08 | 8,075,000 | 5.63 | 0.08 |
| SA Bond RW28 | 0 | 2,600,000 | 2.76 | 0.04 | 2,600,000 | 2.65 | 0.04 |
| SA Bond SBC065 | 0 | 900,000 | 0.94 | 0.01 | 900,000 | 0.93 | 0.01 |
| SA Bond SBC071 | 0 | 1,500,000 | 1.56 | 0.02 | 1,500,000 | 1.53 | 0.02 |
| SA Bond SBC072 | 0 | 1,300,000 | 1.36 | 0.02 | 1,300,000 | 1.31 | 0.02 |
| SA Bond SBC077 | 0 | 2,500,000 | 2.65 | 0.04 | 2,500,000 | 2.56 | 0.04 |
| SA Bond SBS39 | 0 | 2,880,000 | 3.12 | 0.04 | 2,880,000 | 3.12 | 0.05 |
| SA Bond SBS94 | -6,000,000 | 0 | 0.00 | 0.00 | 6,000,000 | 6.06 | 0.09 |
| SA Bond SBT105 | 0 | 2,550,000 | 2.59 | 0.04 | 2,550,000 | 2.60 | 0.04 |
| SA Bond SBT106 | 0 | 9,000,000 | 9.23 | 0.13 | 9,000,000 | 9.25 | 0.14 |
| SA Bond SBT107 | 0 | 19,250,000 | 20.21 | 0.29 | 19,250,000 | 20.29 | 0.30 |
| SA Bond SBT108 | 0 | 7,500,000 | 7.92 | 0.11 | 7,500,000 | 7.90 | 0.12 |
| SA Bond SBT110 | 0 | 4,200,000 | 4.34 | 0.06 | 4,200,000 | 4.27 | 0.06 |
| SA Bond SBT114 | 0 | 2,600,000 | 2.60 | 0.04 | 2,600,000 | 2.61 | 0.04 |
| SA Bond SBT208 | 0 | 500,000 | 0.51 | 0.01 | 500,000 | 0.51 | 0.01 |
| SA Bond SBT209 | 0 | 2,950,000 | 2.97 | 0.04 | 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 | 0 | 800,000 | 0.82 | 0.01 | 800,000 | 0.82 | 0.01 |
| SA Bond SST203 | 0 | 2,100,000 | 2.15 | 0.03 | 2,100,000 | 2.14 | 0.03 |
| SA Bond TN27 | 0 | 700,000 | 0.73 | 0.01 | 700,000 | 0.69 | 0.01 |
| SA Bond TNFG32 | 500,000 | 500,000 | 0.51 | 0.01 | 0 | 0.00 | 0.00 |
| SA Bond TNG29 | 0 | 6,100,000 | 6.55 | 0.09 | 6,100,000 | 6.64 | 0.10 |
| Bond Total | 151,630,902 | 983,992,298 | 1,004.02 | 14.33 | 832,361,396 | 966.45 | 14.32 |
| Investec Gilt - Z | -246,149 | 13,970,921 | 30.54 | 0.44 | 14,217,070 | 29.55 | 0.44 |
| STANLIB Inflation Linked Bond - B1 | 996,162 | 26,907,850 | 35.69 | 0.51 | 25,911,688 | 33.95 | 0.50 |
| Bond Fund Total | 750,013 | 40,878,771 | 66.23 | 0.95 | 40,128,758 | 63.50 | 0.94 |
| JPMorgan Managed Reserves USD (Acc) | 2 | 2 | 0.40 | 0.01 | 0 | 0.00 | 0.00 |
| Cash Total | 2 | 2 | 0.40 | 0.01 | 0 | 0.00 | 0.00 |
| Cash on call | 0 | 0 | 145.14 | 2.07 | 0 | 166.97 | 2.47 |
| Cash on call Total | 0 | 0 | 145.14 | 2.07 | 0 | 166.97 | 2.47 |
| AECI Ltd. | 16,441 | 63,149 | 6.13 | 0.09 | 46,708 | 4.96 | 0.07 |
| Omnia Holdings Ltd. | -3,306 | 56,820 | 4.07 | 0.06 | 60,126 | 4.78 | 0.07 |
| Sasol Ltd. | 24,141 | 184,255 | 19.77 | 0.28 | 160,114 | 12.86 | 0.19 |
| Chemicals Total | 37,276 | 304,224 | 29.98 | 0.43 | 266,948 | 22.60 | 0.33 |
| EPE Capital Partners Ltd. | 5,701 | 13,022 | 0.09 | 0.00 | 7,321 | 0.05 | 0.00 |
| Closed End Investments Total | 5,701 | 13,022 | 0.09 | 0.00 | 7,321 | 0.05 | 0.00 |
| PPC Ltd. | 0 | 546,112 | 2.95 | 0.04 | 546,112 | 2.83 | 0.04 |
| Wilson Bayly Holmes - Ovcon Ltd. | -1,082 | 24,682 | 3.70 | 0.05 | 25,764 | 4.74 | 0.07 |
| Construction and Materials Total | -1,082 | 570,794 | 6.65 | 0.09 | 571,876 | 7.58 | 0.11 |
| ADvTECH Ltd. | 23,204 | 672,168 | 21.21 | 0.30 | 648,964 | 21.19 | 0.31 |
| Curro Holdings Ltd. | 3,810 | 3,810 | 0.05 | 0.00 | 0 | 0.00 | 0.00 |
| Stadio Holdings Ltd. | 77,209 | 728,784 | 7.65 | 0.11 | 651,575 | 5.70 | 0.08 |
| Consumer Services Total | 104,223 | 1,404,762 | 28.91 | 0.41 | 1,300,539 | 26.89 | 0.40 |
| Bond Derivative | 0 | 0 | -0.12 | 0.00 | 0 | 15.53 | 0.23 |
| Equity Derivative | 0 | 0 | -73.80 | -1.05 | 0 | -45.99 | -0.68 |
| Derivatives Total | 0 | 0 | -73.92 | -1.06 | 0 | -30.45 | -0.45 |
| 1nvestPlatinum ETF | 0 | 21,974 | 5.71 | 0.08 | 21,974 | 5.14 | 0.08 |
| NewPlat | -5,775 | 32,993 | 8.53 | 0.12 | 38,768 | 8.94 | 0.13 |
| NewGold | -20,494 | 21,083 | 12.86 | 0.18 | 41,577 | 22.49 | 0.33 |
| Exchange Traded Funds Total | -26,269 | 76,050 | 27.11 | 0.39 | 102,319 | 36.57 | 0.54 |
| Nutun Ltd. | 986,296 | 986,296 | 0.99 | 0.01 | 0 | 0.00 | 0.00 |
| Finance and Credit Services Total | 986,296 | 986,296 | 0.99 | 0.01 | 0 | 0.00 | 0.00 |
| JP Morgan Chase & Company | -2 | 0 | 0.00 | 0.00 | 2 | 0.40 | 0.01 |
| Financials Total | -2 | 0 | 0.00 | 0.00 | 2 | 0.40 | 0.01 |
| Astral Foods Ltd. | 6,424 | 31,692 | 6.57 | 0.09 | 25,268 | 4.54 | 0.07 |
| AVI Ltd. | 8,150 | 50,478 | 4.97 | 0.07 | 42,328 | 3.99 | 0.06 |
| Libstar Holdings Ltd. | 127,976 | 400,920 | 1.80 | 0.03 | 272,944 | 0.87 | 0.01 |
| Oceana Group Ltd. | -15,704 | 69,338 | 3.47 | 0.05 | 85,042 | 4.47 | 0.07 |
| Premier Group Ltd. | 0 | 25,675 | 3.93 | 0.06 | 25,675 | 3.65 | 0.05 |
| RCL Foods Ltd. | 0 | 141,802 | 1.37 | 0.02 | 141,802 | 1.55 | 0.02 |
| Tiger Brands Ltd. | 15,924 | 73,209 | 22.52 | 0.32 | 57,285 | 18.42 | 0.27 |
| Food Producers Total | 142,770 | 793,114 | 44.63 | 0.64 | 650,344 | 37.50 | 0.56 |
| USA - Currency | 0 | 0 | 2.02 | 0.03 | 0 | -10.99 | -0.16 |
| For Currency Total | 0 | 0 | 2.02 | 0.03 | 0 | -10.99 | -0.16 |
| Foreign - Unit Trusts | 0 | 0 | 127.39 | 1.82 | 0 | 1,491.00 | 22.09 |
| Foreign Invest Total | 0 | 0 | 127.39 | 1.82 | 0 | 1,491.00 | 22.09 |
| Hammerson Plc | -132,562 | 0 | 0.00 | 0.00 | 132,562 | 9.76 | 0.14 |
| Foreign Property Total | -132,562 | 0 | 0.00 | 0.00 | 132,562 | 9.76 | 0.14 |
| Unit Trusts - Equity | 0 | 0 | 0.00 | 0.00 | 0 | 84.53 | 1.25 |
| General Equity Total | 0 | 0 | 0.00 | 0.00 | 0 | 84.53 | 1.25 |
| KAP Ltd. | 25,296 | 2,065,288 | 3.51 | 0.05 | 2,039,992 | 4.18 | 0.06 |
| Mondi plc | -48,260 | 161,439 | 38.13 | 0.54 | 209,699 | 60.93 | 0.90 |
| Mpact Ltd. | 0 | 77,834 | 1.95 | 0.03 | 77,834 | 1.98 | 0.03 |
| Nampak Ltd. | -23 | 4,220 | 1.92 | 0.03 | 4,243 | 2.24 | 0.03 |
| General Industrials Total | -22,987 | 2,308,781 | 45.50 | 0.65 | 2,331,768 | 69.34 | 1.03 |
| Life Healthcare Group Holdings Ltd. | 74,811 | 467,296 | 5.43 | 0.08 | 392,485 | 5.60 | 0.08 |
| Health Care Providers Total | 74,811 | 467,296 | 5.43 | 0.08 | 392,485 | 5.60 | 0.08 |
| M&G High Interest - B | -4,210,406 | 11,872,695 | 12.09 | 0.17 | 16,083,101 | 16.36 | 0.24 |
| Ninety One Corporate Bond - Z | -66,793 | 18,734,724 | 20.25 | 0.29 | 18,801,517 | 19.40 | 0.29 |
| Standard STANLIB Yield Plus Fund - B3 | -437,045 | 0 | 0.00 | 0.00 | 437,045 | 0.45 | 0.01 |
| STANLIB Multi-Manager Absolute Income - B3 | -2,830,538 | 0 | 0.00 | 0.00 | 2,830,538 | 3.19 | 0.05 |
| Income Total | -7,544,782 | 30,607,419 | 32.34 | 0.46 | 38,152,201 | 39.39 | 0.58 |
| Sappi Ltd. | 4,463 | 740,320 | 17.11 | 0.24 | 735,857 | 21.97 | 0.33 |
| Industrial Materials Total | 4,463 | 740,320 | 17.11 | 0.24 | 735,857 | 21.97 | 0.33 |
| African Rainbow Minerals Ltd. | -6,689 | 28,287 | 5.24 | 0.07 | 34,976 | 6.02 | 0.09 |
| Afrimat Ltd. | -1,611 | 0 | 0.00 | 0.00 | 1,611 | 0.07 | 0.00 |
| Anglo American plc | 7,781 | 92,595 | 59.69 | 0.85 | 84,814 | 44.16 | 0.65 |
| BHP Group Ltd. | 1,627 | 32,496 | 15.53 | 0.22 | 30,869 | 13.14 | 0.19 |
| Glencore plc | 86,235 | 1,139,616 | 91.17 | 1.30 | 1,053,381 | 73.08 | 1.08 |
| Kumba Iron Ore Ltd. | -9,250 | 0 | 0.00 | 0.00 | 9,250 | 2.64 | 0.04 |
| Merafe Resources Ltd. | 0 | 290,300 | 0.31 | 0.00 | 290,300 | 0.38 | 0.01 |
| South32 Ltd. | -201,938 | 95,178 | 3.01 | 0.04 | 297,116 | 10.13 | 0.15 |
| Industrial Metals and Mining Total | -123,845 | 1,678,472 | 174.96 | 2.50 | 1,802,317 | 149.63 | 2.22 |
| Adcorp Holdings Ltd. | 0 | 65,923 | 0.44 | 0.01 | 65,923 | 0.47 | 0.01 |
| Novus Holdings Ltd. | 0 | 130,609 | 0.82 | 0.01 | 130,609 | 0.98 | 0.01 |
| Industrial Support Services Total | 0 | 196,532 | 1.26 | 0.02 | 196,532 | 1.45 | 0.02 |
| Grindrod Ltd. | 105,349 | 440,532 | 6.65 | 0.10 | 335,183 | 4.22 | 0.06 |
| Super Group Ltd. | 0 | 146,604 | 1.87 | 0.03 | 146,604 | 2.34 | 0.03 |
| Industrial Transportation Total | 105,349 | 587,136 | 8.52 | 0.12 | 481,787 | 6.55 | 0.10 |
| Brait plc | -107,852 | 5,027,046 | 10.36 | 0.15 | 5,134,898 | 11.50 | 0.17 |
| Coronation Fund Managers Ltd. | -1,257 | 69,529 | 3.08 | 0.04 | 70,786 | 2.79 | 0.04 |
| Hosken Consolidated Investments Ltd. | -6,258 | 27,565 | 3.42 | 0.05 | 33,823 | 4.35 | 0.06 |
| JSE Ltd. | -3,293 | 9,071 | 1.16 | 0.02 | 12,364 | 1.65 | 0.02 |
| Ninety One Ltd. | 11,766 | 110,653 | 5.03 | 0.07 | 98,887 | 4.32 | 0.06 |
| Ninety One plc | -8,301 | 67,228 | 3.15 | 0.05 | 75,529 | 3.38 | 0.05 |
| PSG Financial Services Ltd. | -16,085 | 901,915 | 20.47 | 0.29 | 918,000 | 20.20 | 0.30 |
| Quilter plc | -194,630 | 1,388,150 | 53.26 | 0.76 | 1,582,780 | 60.07 | 0.89 |
| Reinet Investments SCA | -7,101 | 44,720 | 22.60 | 0.32 | 51,821 | 29.78 | 0.44 |
| Remgro Ltd. | 2,926 | 200,228 | 33.78 | 0.48 | 197,302 | 31.06 | 0.46 |
| RMB Holdings Ltd. | -3,434 | 624,426 | 0.25 | 0.00 | 627,860 | 0.28 | 0.00 |
| Zeder Investments Ltd. | -2,841 | 516,628 | 0.66 | 0.01 | 519,469 | 0.67 | 0.01 |
| Investment Banking and Brokerage Services Total | -336,360 | 8,987,159 | 157.23 | 2.24 | 9,323,519 | 170.04 | 2.52 |
| Discovery Ltd. | -56,018 | 141,542 | 28.00 | 0.40 | 197,560 | 42.53 | 0.63 |
| Momentum Group Ltd. | 637,509 | 637,509 | 20.98 | 0.30 | 0 | 0.00 | 0.00 |
| Old Mutual Ltd. | 338,584 | 338,584 | 4.49 | 0.06 | 0 | 0.00 | 0.00 |
| Sanlam Ltd. | -27,819 | 428,832 | 35.65 | 0.51 | 456,651 | 40.56 | 0.60 |
| Life Insurance Total | 892,256 | 1,546,467 | 89.13 | 1.27 | 654,211 | 83.08 | 1.23 |
| eMedia Holdings Ltd. | 113,019 | 113,019 | 0.20 | 0.00 | 0 | 0.00 | 0.00 |
| Media Total | 113,019 | 113,019 | 0.20 | 0.00 | 0 | 0.00 | 0.00 |
| Money Market - 1 month duration | 0 | 0 | 0.00 | 0.00 | 0 | 2.09 | 0.03 |
| Money Market - 33 months duration | 0 | 0 | 1.01 | 0.01 | 0 | 0.00 | 0.00 |
| Money Market - 4 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 2.16 | 0.03 |
| Money Market Instrument | 0 | 0 | 24.74 | 0.35 | 0 | 24.50 | 0.36 |
| Ninety One Money Market - Z | -1,841,410 | 9,187,735 | 9.25 | 0.13 | 11,029,145 | 11.12 | 0.16 |
| Stanlib Inst Money Market - B4 | 17,788 | 17,788 | 0.02 | 0.00 | 0 | 0.00 | 0.00 |
| Money Market Total | -1,823,622 | 9,205,523 | 35.01 | 0.50 | 11,029,145 | 39.87 | 0.59 |
| OUTsurance Group Ltd. | -47,127 | 20,802 | 1.48 | 0.02 | 67,929 | 5.32 | 0.08 |
| Santam Ltd. | -4,987 | 7,171 | 2.71 | 0.04 | 12,158 | 5.18 | 0.08 |
| Non-life Insurance Total | -52,114 | 27,973 | 4.19 | 0.06 | 80,087 | 10.50 | 0.16 |
| iShares Core MSCI World UCITS ETF | 286,118 | 286,118 | 622.75 | 8.89 | 0 | 0.00 | 0.00 |
| iShares Core MSCI World UCITS ETF | -279,178 | 0 | 0.00 | 0.00 | 279,178 | 583.95 | 8.65 |
| STANLIB Multi-Manager Global Bond | 596 | 20,103 | 364.62 | 5.20 | 19,507 | 360.13 | 5.34 |
| STANLIB Multi-Manager Global Equity | 38,123 | 38,123 | 1,373.13 | 19.60 | 0 | 0.00 | 0.00 |
| Offshore Intern Total | 45,659 | 344,344 | 2,360.50 | 33.70 | 298,685 | 944.08 | 13.99 |
| Exxaro Resources Ltd. | -5,579 | 193,848 | 34.71 | 0.50 | 199,427 | 29.28 | 0.43 |
| Thungela Resources Ltd. | 6,419 | 29,549 | 2.57 | 0.04 | 23,130 | 1.95 | 0.03 |
| Oil, Gas and Coal Total | 840 | 223,397 | 37.28 | 0.53 | 222,557 | 31.23 | 0.46 |
| Bid Corporation Ltd. | 18,305 | 142,831 | 61.70 | 0.88 | 124,526 | 58.80 | 0.87 |
| Boxer Retail Ltd. | -30,446 | 60,283 | 4.12 | 0.06 | 90,729 | 6.24 | 0.09 |
| Clicks Group Ltd. | -1,444 | 22,864 | 8.09 | 0.12 | 24,308 | 9.05 | 0.13 |
| Dis-Chem Pharmacies Ltd. | 86,598 | 815,156 | 26.62 | 0.38 | 728,558 | 23.69 | 0.35 |
| Pick n Pay Stores Ltd. | 0 | 388,238 | 9.71 | 0.14 | 388,238 | 10.40 | 0.15 |
| Shoprite Holdings Ltd. | 25,077 | 96,971 | 26.59 | 0.38 | 71,894 | 20.12 | 0.30 |
| The SPAR Group Ltd. | -11,400 | 146,933 | 14.21 | 0.20 | 158,333 | 17.07 | 0.25 |
| Personal Care, Drug and Grocery Stores Total | 86,690 | 1,673,276 | 151.05 | 2.16 | 1,586,586 | 145.36 | 2.15 |
| Compagnie Financière Richemont SA | 8,828 | 24,166 | 79.06 | 1.13 | 15,338 | 51.10 | 0.76 |
| Personal Goods Total | 8,828 | 24,166 | 79.06 | 1.13 | 15,338 | 51.10 | 0.76 |
| Adcock Ingram Holdings Ltd. | 0 | 10,000 | 0.72 | 0.01 | 10,000 | 0.51 | 0.01 |
| Aspen Pharmacare Holdings Ltd. | 59,256 | 285,897 | 27.45 | 0.39 | 226,641 | 27.10 | 0.40 |
| Pharmaceuticals and Biotechnology Total | 59,256 | 295,897 | 28.17 | 0.40 | 236,641 | 27.61 | 0.41 |
| AngloGold Ashanti plc | 1,882 | 150,831 | 179.31 | 2.56 | 148,949 | 118.96 | 1.76 |
| DRDGOLD Ltd. | -45,064 | 57,066 | 2.70 | 0.04 | 102,130 | 2.40 | 0.04 |
| Gold Fields Ltd. | 85,612 | 246,264 | 176.57 | 2.52 | 160,652 | 66.79 | 0.99 |
| Harmony Gold Mining Company Ltd. | -25,545 | 13,451 | 4.13 | 0.06 | 38,996 | 9.42 | 0.14 |
| Impala Platinum Holdings Ltd. | -35,032 | 182,365 | 39.66 | 0.57 | 217,397 | 34.61 | 0.51 |
| Northam Platinum Holdings Ltd. | -1,144 | 320,611 | 89.31 | 1.27 | 321,755 | 62.21 | 0.92 |
| Pan African Resources plc | -179,434 | 598,065 | 12.03 | 0.17 | 777,499 | 8.56 | 0.13 |
| Sibanye Stillwater Ltd. | -227,895 | 0 | 0.00 | 0.00 | 227,895 | 7.35 | 0.11 |
| Valterra Platinum Ltd. | 60,909 | 60,909 | 73.50 | 1.05 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | -365,711 | 1,629,562 | 577.21 | 8.24 | 1,995,273 | 310.30 | 4.60 |
| Investec Property Equity - Z | 4,051,566 | 4,051,566 | 15.18 | 0.22 | 0 | 0.00 | 0.00 |
| Property Total | 4,051,566 | 4,051,566 | 15.18 | 0.22 | 0 | 0.00 | 0.00 |
| STANLIB Multi-Manager Property - B3 | 350,435 | 13,591,610 | 56.33 | 0.80 | 13,241,175 | 52.45 | 0.78 |
| Property Unit Trusts Total | 350,435 | 13,591,610 | 56.33 | 0.80 | 13,241,175 | 52.45 | 0.78 |
| Anchor BCI Africa Flexible Income - C | 1,643,102 | 103,166,093 | 126.63 | 1.81 | 101,522,991 | 121.47 | 1.80 |
| Prudential Total | 1,643,102 | 103,166,093 | 126.63 | 1.81 | 101,522,991 | 121.47 | 1.80 |
| Fortress Real Estate Investments Ltd. | 420,770 | 1,107,586 | 25.29 | 0.36 | 686,816 | 13.72 | 0.20 |
| MAS plc | 23,102 | 23,102 | 0.49 | 0.01 | 0 | 0.00 | 0.00 |
| NEPI Rockcastle NV | 89,304 | 221,758 | 31.70 | 0.45 | 132,454 | 17.95 | 0.27 |
| Real Estate Investment and Services Total | 533,176 | 1,352,446 | 57.48 | 0.82 | 819,270 | 31.67 | 0.47 |
| Attacq Ltd. | 11,395 | 382,730 | 5.27 | 0.08 | 371,335 | 5.21 | 0.08 |
| Burstone Group Ltd. | 147,703 | 147,703 | 1.20 | 0.02 | 0 | 0.00 | 0.00 |
| Dipula Properties Ltd. | 256,108 | 473,065 | 2.60 | 0.04 | 216,957 | 1.16 | 0.02 |
| Equites Property Fund Ltd. | -16,647 | 612,240 | 9.77 | 0.14 | 628,887 | 9.48 | 0.14 |
| Fairvest Ltd. | 719 | 251,014 | 4.61 | 0.07 | 250,295 | 4.36 | 0.06 |
| Fairvest Ltd. | 269,796 | 968,359 | 5.36 | 0.08 | 698,563 | 3.66 | 0.05 |
| Growthpoint Properties Ltd. | 487,002 | 1,130,231 | 16.69 | 0.24 | 643,229 | 8.54 | 0.13 |
| Hammerson plc | 188,238 | 188,238 | 12.91 | 0.18 | 0 | 0.00 | 0.00 |
| Hyprop Investments Ltd. | 60,418 | 170,387 | 7.92 | 0.11 | 109,969 | 4.66 | 0.07 |
| Redefine Properties Ltd. | 933,896 | 2,782,978 | 13.78 | 0.20 | 1,849,082 | 8.39 | 0.12 |
| Resilient REIT Ltd. | -31,454 | 74,121 | 4.73 | 0.07 | 105,575 | 6.38 | 0.09 |
| SA Corporate Real Estate Ltd. | 245,709 | 1,304,027 | 4.04 | 0.06 | 1,058,318 | 3.32 | 0.05 |
| Shaftesbury Capital plc | 16,247 | 16,247 | 0.53 | 0.01 | 0 | 0.00 | 0.00 |
| Sirius Real Estate Ltd. | -30,069 | 271,346 | 6.11 | 0.09 | 301,415 | 7.30 | 0.11 |
| Spear REIT Ltd. | -1,090 | 198,237 | 2.03 | 0.03 | 199,327 | 2.03 | 0.03 |
| Stor-Age Property REIT Ltd. | 50,444 | 212,418 | 3.28 | 0.05 | 161,974 | 2.59 | 0.04 |
| Supermarket Income REIT plc | 3,724 | 3,724 | 0.07 | 0.00 | 0 | 0.00 | 0.00 |
| Vukile Property Fund Ltd. | -95,915 | 404,131 | 8.43 | 0.12 | 500,046 | 9.82 | 0.15 |
| Real Estate Investment Trusts Total | 2,496,224 | 9,591,196 | 109.31 | 1.56 | 7,094,972 | 76.89 | 1.14 |
| CA Sales Holdings Ltd. | -5,819 | 352,952 | 6.18 | 0.09 | 358,771 | 6.26 | 0.09 |
| Cashbuild Ltd. | 0 | 11,247 | 1.56 | 0.02 | 11,247 | 1.72 | 0.03 |
| Italtile Ltd. | 0 | 111,763 | 1.06 | 0.02 | 111,763 | 1.13 | 0.02 |
| KAL Group Ltd. | 0 | 4,669 | 0.19 | 0.00 | 4,669 | 0.20 | 0.00 |
| Lewis Group Ltd. | 4,269 | 43,767 | 3.17 | 0.05 | 39,498 | 3.17 | 0.05 |
| Motus Holdings Ltd. | 13,389 | 13,389 | 1.39 | 0.02 | 0 | 0.00 | 0.00 |
| Mr Price Group Ltd. | 20,802 | 107,274 | 21.92 | 0.31 | 86,472 | 19.17 | 0.28 |
| Pepkor Holdings Ltd. | -128,787 | 1,484,495 | 36.33 | 0.52 | 1,613,282 | 44.01 | 0.65 |
| The Foschini Group Ltd. | -17,831 | 205,160 | 22.27 | 0.32 | 222,991 | 28.73 | 0.43 |
| Truworths International Ltd. | -37,556 | 36,631 | 2.00 | 0.03 | 74,187 | 5.28 | 0.08 |
| We Buy Cars Holdings Ltd. | -18,384 | 462,137 | 25.65 | 0.37 | 480,521 | 28.46 | 0.42 |
| Woolworths Holdings Ltd. | 60,544 | 596,837 | 29.88 | 0.43 | 536,293 | 27.87 | 0.41 |
| Retailers Total | -109,373 | 3,430,321 | 151.60 | 2.16 | 3,539,694 | 165.99 | 2.46 |
| Investec Emerging Companies - Z | -54,538 | 882,186 | 15.04 | 0.21 | 936,724 | 15.47 | 0.23 |
| Smaller Co's Total | -54,538 | 882,186 | 15.04 | 0.21 | 936,724 | 15.47 | 0.23 |
| Altron Ltd. | -573 | 148,155 | 2.71 | 0.04 | 148,728 | 3.23 | 0.05 |
| Bytes Technology Group plc | 84,196 | 143,683 | 13.24 | 0.19 | 59,487 | 7.40 | 0.11 |
| Datatec Ltd. | 0 | 62,021 | 3.71 | 0.05 | 62,021 | 4.05 | 0.06 |
| Naspers Ltd. | -3,218 | 43,078 | 271.50 | 3.88 | 46,296 | 256.54 | 3.80 |
| Prosus NV | -17,340 | 161,119 | 197.33 | 2.82 | 178,459 | 176.84 | 2.62 |
| Software and Computer Services Total | 63,065 | 558,056 | 488.50 | 6.97 | 494,991 | 448.06 | 6.64 |
| Blu Label Unlimited Group Ltd. | -9,428 | 278,505 | 3.30 | 0.05 | 287,933 | 4.11 | 0.06 |
| MTN Group Ltd. | 14,303 | 557,535 | 78.24 | 1.12 | 543,232 | 76.73 | 1.14 |
| MultiChoice Group Ltd. | -138,449 | 0 | 0.00 | 0.00 | 138,449 | 16.26 | 0.24 |
| Telkom SA SOC Ltd. | 28,887 | 92,130 | 4.72 | 0.07 | 63,243 | 3.34 | 0.05 |
| Vodacom Group Ltd. | -20,916 | 6,423 | 0.85 | 0.01 | 27,339 | 3.73 | 0.06 |
| Telecommunications Service Providers Total | -125,603 | 934,593 | 87.11 | 1.24 | 1,060,196 | 104.18 | 1.54 |
| British American Tobacco plc | -54,875 | 61,839 | 56.34 | 0.80 | 116,714 | 99.80 | 1.48 |
| Tobacco Total | -54,875 | 61,839 | 56.34 | 0.80 | 116,714 | 99.80 | 1.48 |
| City Lodge Hotels Ltd. | 0 | 233,765 | 0.95 | 0.01 | 233,765 | 0.91 | 0.01 |
| Comair Ltd. | 0 | 405,500 | 0.41 | 0.01 | 405,500 | 0.41 | 0.01 |
| Southern Sun Ltd. | 0 | 189,001 | 1.62 | 0.02 | 189,001 | 1.66 | 0.02 |
| Spur Corporation Ltd. | -1,647 | 67,037 | 2.35 | 0.03 | 68,684 | 2.30 | 0.03 |
| Sun International Ltd. | -51,114 | 111,420 | 4.49 | 0.06 | 162,534 | 7.08 | 0.10 |
| Tsogo Sun Ltd. | 52,088 | 592,293 | 3.86 | 0.06 | 540,205 | 4.17 | 0.06 |
| Travel and Leisure Total | -673 | 1,599,016 | 13.67 | 0.20 | 1,599,689 | 16.53 | 0.24 |
| Portfolio Total | 153,184,302 | 1,232,222,916 | 7,005.26 | 100.00 | 1,079,038,614 | 6,748.29 | 100.00 |