| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -4,246 | 22,456 | 4.07 | 4.64 | 26,702 | 4.70 | 6.57 |
| FirstRand Ltd. | 2,241 | 21,200 | 1.65 | 1.88 | 18,959 | 1.44 | 2.01 |
| Investec Ltd. | 219 | 13,806 | 1.77 | 2.02 | 13,587 | 1.80 | 2.51 |
| Investec plc | 5,204 | 6,691 | 0.86 | 0.98 | 1,487 | 0.20 | 0.27 |
| Nedbank Group Ltd. | 9,184 | 24,608 | 5.25 | 6.00 | 15,424 | 3.75 | 5.24 |
| Standard Bank Group Ltd. | 671 | 20,006 | 4.73 | 5.40 | 19,335 | 4.40 | 6.15 |
| Banks Total | 13,273 | 108,767 | 18.32 | 20.91 | 95,494 | 16.28 | 22.76 |
| Cash on call | 0 | 0 | 1.65 | 1.88 | 0 | 1.47 | 2.06 |
| Cash on call Total | 0 | 0 | 1.65 | 1.88 | 0 | 1.47 | 2.06 |
| Sasol Ltd. | 17,771 | 19,861 | 2.13 | 2.44 | 2,090 | 0.16 | 0.23 |
| Chemicals Total | 17,771 | 19,861 | 2.13 | 2.44 | 2,090 | 0.16 | 0.23 |
| Tiger Brands Ltd. | 2,646 | 2,646 | 0.82 | 0.93 | 0 | 0.00 | 0.00 |
| Food Producers Total | 2,646 | 2,646 | 0.82 | 0.93 | 0 | 0.00 | 0.00 |
| Life Healthcare Group Holdings Ltd. | -20,525 | 100,121 | 1.16 | 1.32 | 120,646 | 1.72 | 2.41 |
| Health Care Providers Total | -20,525 | 100,121 | 1.16 | 1.32 | 120,646 | 1.72 | 2.41 |
| BHP Group Ltd. | 112 | 6,724 | 3.20 | 3.66 | 6,612 | 2.82 | 3.95 |
| Kumba Iron Ore Ltd. | 1,339 | 10,495 | 3.41 | 3.89 | 9,156 | 2.61 | 3.65 |
| Industrial Metals and Mining Total | 1,451 | 17,219 | 6.61 | 7.55 | 15,768 | 5.43 | 7.60 |
| Reinet Investments SCA | 793 | 9,564 | 4.83 | 5.51 | 8,771 | 5.05 | 7.07 |
| Remgro Ltd. | 9,947 | 9,947 | 1.67 | 1.90 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 10,740 | 19,511 | 6.50 | 7.42 | 8,771 | 5.05 | 7.07 |
| Momentum Group Ltd. | 24,489 | 45,289 | 1.49 | 1.69 | 20,800 | 0.71 | 1.00 |
| Old Mutual Ltd. | -25,424 | 60,435 | 0.81 | 0.92 | 85,859 | 1.04 | 1.45 |
| Sanlam Ltd. | 1,097 | 10,378 | 0.87 | 0.99 | 9,281 | 0.82 | 1.15 |
| Life Insurance Total | 162 | 116,102 | 3.16 | 3.61 | 115,940 | 2.57 | 3.60 |
| eMedia Holdings Ltd. | 4,173 | 4,173 | 0.01 | 0.01 | 0 | 0.00 | 0.00 |
| Media Total | 4,173 | 4,173 | 0.01 | 0.01 | 0 | 0.00 | 0.00 |
| Exxaro Resources Ltd. | 7,187 | 18,681 | 3.37 | 3.84 | 11,494 | 1.69 | 2.36 |
| Thungela Resources Ltd. | -18,325 | 0 | 0.00 | 0.00 | 18,325 | 1.55 | 2.17 |
| Oil, Gas and Coal Total | -11,138 | 18,681 | 3.37 | 3.84 | 29,819 | 3.24 | 4.53 |
| Boxer Retail Ltd. | 25,110 | 25,110 | 1.74 | 1.98 | 0 | 0.00 | 0.00 |
| The SPAR Group Ltd. | 15,248 | 34,076 | 3.36 | 3.83 | 18,828 | 2.03 | 2.84 |
| Personal Care, Drug and Grocery Stores Total | 40,358 | 59,186 | 5.10 | 5.82 | 18,828 | 2.03 | 2.84 |
| AngloGold Ashanti plc | -115 | 2,192 | 2.66 | 3.04 | 2,307 | 1.85 | 2.58 |
| Gold Fields Ltd. | 152 | 8,720 | 6.36 | 7.25 | 8,568 | 3.56 | 4.98 |
| Harmony Gold Mining Company Ltd. | 3,111 | 19,212 | 6.05 | 6.90 | 16,101 | 3.94 | 5.51 |
| Sibanye Stillwater Ltd. | 32,978 | 121,784 | 6.00 | 6.85 | 88,806 | 2.86 | 4.01 |
| Valterra Platinum Ltd. | -1,122 | 0 | 0.00 | 0.00 | 1,122 | 0.89 | 1.24 |
| Precious Metals and Mining Total | 35,004 | 151,908 | 21.07 | 24.04 | 116,904 | 13.10 | 18.32 |
| Mr Price Group Ltd. | -283 | 0 | 0.00 | 0.00 | 283 | 0.06 | 0.09 |
| The Foschini Group Ltd. | -14,308 | 0 | 0.00 | 0.00 | 14,308 | 1.84 | 2.58 |
| Truworths International Ltd. | 32,905 | 69,407 | 3.80 | 4.33 | 36,502 | 2.61 | 3.65 |
| Retailers Total | 18,314 | 69,407 | 3.80 | 4.33 | 51,093 | 4.51 | 6.31 |
| Naspers Ltd. | 2 | 757 | 4.73 | 5.40 | 755 | 4.16 | 5.82 |
| Prosus NV | -68 | 1,290 | 1.56 | 1.78 | 1,358 | 1.35 | 1.88 |
| Software and Computer Services Total | -66 | 2,047 | 6.30 | 7.19 | 2,113 | 5.51 | 7.71 |
| MTN Group Ltd. | 15,698 | 23,010 | 3.34 | 3.81 | 7,312 | 1.03 | 1.44 |
| Vodacom Group Ltd. | -16,959 | 7,229 | 0.96 | 1.10 | 24,188 | 3.31 | 4.62 |
| Telecommunications Service Providers Total | -1,261 | 30,239 | 4.30 | 4.91 | 31,500 | 4.34 | 6.06 |
| British American Tobacco plc | -3,563 | 3,675 | 3.35 | 3.83 | 7,238 | 6.09 | 8.51 |
| Tobacco Total | -3,563 | 3,675 | 3.35 | 3.83 | 7,238 | 6.09 | 8.51 |
| Portfolio Total | 107,339 | 723,543 | 87.64 | 100.00 | 616,204 | 71.52 | 100.00 |