| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Additional | 0 | 0 | 0.00 | 0.00 | 0 | 3.56 | 0.25 |
| Additional Total | 0 | 0 | 0.00 | 0.00 | 0 | 3.56 | 0.25 |
| Absa Group Ltd. | 435,103 | 435,103 | 78.75 | 5.01 | 0 | 0.00 | 0.00 |
| FirstRand Ltd. | 468,062 | 468,062 | 36.46 | 2.32 | 0 | 0.00 | 0.00 |
| Standard Bank Group Ltd. | 182,190 | 182,190 | 43.13 | 2.74 | 0 | 0.00 | 0.00 |
| Banks Total | 1,085,355 | 1,085,355 | 158.34 | 10.08 | 0 | 0.00 | 0.00 |
| Consumer Goods | 0 | 0 | 0.00 | 0.00 | 0 | 68.08 | 4.76 |
| Beverages Total | 0 | 0 | 0.00 | 0.00 | 0 | 68.08 | 4.76 |
| SA Bond FRB32 | 7,800,000 | 7,800,000 | 7.94 | 0.51 | 0 | 0.00 | 0.00 |
| SA Bond MML04 | 14,976,000 | 14,976,000 | 14.91 | 0.95 | 0 | 0.00 | 0.00 |
| SA Bond R2033 | 62,081,063 | 62,081,063 | 66.46 | 4.23 | 0 | 0.00 | 0.00 |
| SA Bond R2035 | 72,640,492 | 72,640,492 | 71.96 | 4.58 | 0 | 0.00 | 0.00 |
| SA Bond R209 | 76,803,746 | 76,803,746 | 61.04 | 3.88 | 0 | 0.00 | 0.00 |
| SA Bond R210 | 11,680,146 | 11,680,146 | 29.35 | 1.87 | 0 | 0.00 | 0.00 |
| SA Bond R213 | 55,662,450 | 55,662,450 | 53.17 | 3.38 | 0 | 0.00 | 0.00 |
| Bond Total | 301,643,897 | 301,643,897 | 304.84 | 19.40 | 0 | 0.00 | 0.00 |
| 0 | 0 | 0.00 | 0.00 | 0 | 22.89 | 1.60 |
| Cash on call | 0 | 0 | 31.49 | 2.00 | 0 | 0.00 | 0.00 |
| Corporate debt - convertible | 0 | 0 | 0.00 | 0.00 | 0 | 15.09 | 1.05 |
| Financial institutions | 0 | 0 | 0.00 | 0.00 | 0 | 7.90 | 0.55 |
| Government issued paper | 0 | 0 | 0.00 | 0.00 | 0 | 260.19 | 18.19 |
| Cash on call Total | 0 | 0 | 31.49 | 2.00 | 0 | 306.07 | 21.39 |
| AECI Ltd. | 193,492 | 193,492 | 18.80 | 1.20 | 0 | 0.00 | 0.00 |
| Sasol Ltd. | 164,811 | 164,811 | 17.69 | 1.13 | 0 | 0.00 | 0.00 |
| Chemicals Total | 358,303 | 358,303 | 36.49 | 2.32 | 0 | 0.00 | 0.00 |
| EPE Capital Partners Ltd. | 3,334,564 | 3,334,564 | 22.81 | 1.45 | 0 | 0.00 | 0.00 |
| Closed End Investments Total | 3,334,564 | 3,334,564 | 22.81 | 1.45 | 0 | 0.00 | 0.00 |
| Reunert Ltd. | 488,558 | 488,558 | 26.18 | 1.67 | 0 | 0.00 | 0.00 |
| Electronic and Electrical Equipment Total | 488,558 | 488,558 | 26.18 | 1.67 | 0 | 0.00 | 0.00 |
| iShares 1-3 Year Treasury Bond ETF | 7,545 | 7,545 | 16.09 | 1.02 | 0 | 0.00 | 0.00 |
| Equities Total | 7,545 | 7,545 | 16.09 | 1.02 | 0 | 0.00 | 0.00 |
| Arcus Japan Fund | 6,038 | 6,038 | 35.73 | 2.27 | 0 | 0.00 | 0.00 |
| Financials Total | 6,038 | 6,038 | 35.73 | 2.27 | 0 | 0.00 | 0.00 |
| Consumer Services | 0 | 0 | 0.00 | 0.00 | 0 | 119.95 | 8.38 |
| Food & Drug Retailers Total | 0 | 0 | 0.00 | 0.00 | 0 | 119.95 | 8.38 |
| Astral Foods Ltd. | 102,748 | 102,748 | 21.21 | 1.35 | 0 | 0.00 | 0.00 |
| Premier Group Ltd. | 167,674 | 167,674 | 25.48 | 1.62 | 0 | 0.00 | 0.00 |
| Food Producers Total | 270,422 | 270,422 | 46.69 | 2.97 | 0 | 0.00 | 0.00 |
| European - Currency | 0 | 0 | 0.19 | 0.01 | 0 | 0.00 | 0.00 |
| Foreign - Money Market | 0 | 0 | 0.00 | 0.00 | 0 | 17.84 | 1.25 |
| Foreign Cash | 0 | 0 | 0.00 | 0.00 | 0 | 1.08 | 0.08 |
| Japan - Currency | 0 | 0 | 0.10 | 0.01 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 0.06 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 0.17 | 0.01 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 0.52 | 0.03 | 0 | 18.92 | 1.32 |
| Foreign - Bonds | 0 | 0 | 17.70 | 1.13 | 0 | 0.00 | 0.00 |
| Foreign Direct Funds (FCIS Equity) | 0 | 0 | 0.00 | 0.00 | 0 | 163.50 | 11.43 |
| Foreign Invest Total | 0 | 0 | 17.70 | 1.13 | 0 | 163.50 | 11.43 |
| Basic Materials | 0 | 0 | 0.00 | 0.00 | 0 | 123.35 | 8.62 |
| Forestry & Paper Total | 0 | 0 | 0.00 | 0.00 | 0 | 123.35 | 8.62 |
| Domestic Funds (Equity) | 0 | 0 | 0.00 | 0.00 | 0 | 116.64 | 8.15 |
| Equity | 0 | 0 | 11.40 | 0.73 | 0 | 0.00 | 0.00 |
| Other assets | 0 | 0 | 0.00 | 0.00 | 0 | 15.86 | 1.11 |
| Other Equities | 0 | 0 | 0.00 | 0.00 | 0 | 101.03 | 7.06 |
| General Equity Total | 0 | 0 | 11.40 | 0.73 | 0 | 233.54 | 16.32 |
| Financials | 0 | 0 | 0.00 | 0.00 | 0 | 239.65 | 16.75 |
| General Financial Total | 0 | 0 | 0.00 | 0.00 | 0 | 239.65 | 16.75 |
| Industrials | 0 | 0 | 0.00 | 0.00 | 0 | 71.26 | 4.98 |
| Nampak Ltd. | 35,910 | 35,910 | 16.30 | 1.04 | 0 | 0.00 | 0.00 |
| General Industrials Total | 35,910 | 35,910 | 16.30 | 1.04 | 0 | 71.26 | 4.98 |
| Health Care | 0 | 0 | 0.00 | 0.00 | 0 | 29.07 | 2.03 |
| Health Care Equipment & Services Total | 0 | 0 | 0.00 | 0.00 | 0 | 29.07 | 2.03 |
| Life Healthcare Group Holdings Ltd. | 1,935,097 | 1,935,097 | 22.47 | 1.43 | 0 | 0.00 | 0.00 |
| Health Care Providers Total | 1,935,097 | 1,935,097 | 22.47 | 1.43 | 0 | 0.00 | 0.00 |
| ClucasGray Flexible Income Prescient - B2 | 24,262,306 | 24,262,306 | 26.89 | 1.71 | 0 | 0.00 | 0.00 |
| Income Total | 24,262,306 | 24,262,306 | 26.89 | 1.71 | 0 | 0.00 | 0.00 |
| African Rainbow Minerals Ltd. | 172,530 | 172,530 | 31.99 | 2.04 | 0 | 0.00 | 0.00 |
| Anglo American plc | 58,537 | 58,537 | 37.76 | 2.40 | 0 | 0.00 | 0.00 |
| Glencore plc | 217,034 | 217,034 | 17.36 | 1.10 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 448,101 | 448,101 | 87.12 | 5.54 | 0 | 0.00 | 0.00 |
| Metrofile Holdings Ltd. | 5,262,962 | 5,262,962 | 15.79 | 1.00 | 0 | 0.00 | 0.00 |
| Industrial Support Services Total | 5,262,962 | 5,262,962 | 15.79 | 1.00 | 0 | 0.00 | 0.00 |
| Dodge & Cox Worldwide Funds - Global Stock Fund Acc (USD) A | 127,577 | 127,577 | 93.42 | 5.94 | 0 | 0.00 | 0.00 |
| Nedgroup Investments Global Equity Feeder - B2 | 3,757,130 | 3,757,130 | 66.76 | 4.25 | 0 | 0.00 | 0.00 |
| International Total | 3,884,707 | 3,884,707 | 160.18 | 10.19 | 0 | 0.00 | 0.00 |
| Coronation Fund Managers Ltd. | 361,858 | 361,858 | 16.05 | 1.02 | 0 | 0.00 | 0.00 |
| Ninety One plc | 262,613 | 262,613 | 12.32 | 0.78 | 0 | 0.00 | 0.00 |
| Reinet Investments SCA | 60,668 | 60,668 | 30.64 | 1.95 | 0 | 0.00 | 0.00 |
| Sabvest Capital Ltd. | 178,165 | 178,165 | 20.84 | 1.33 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 863,304 | 863,304 | 79.85 | 5.08 | 0 | 0.00 | 0.00 |
| Momentum Group Ltd. | 464,193 | 464,193 | 15.28 | 0.97 | 0 | 0.00 | 0.00 |
| Old Mutual Ltd. | 3,283,054 | 3,283,054 | 43.70 | 2.78 | 0 | 0.00 | 0.00 |
| Life Insurance Total | 3,747,247 | 3,747,247 | 58.97 | 3.75 | 0 | 0.00 | 0.00 |
| Telecommunications | 0 | 0 | 0.00 | 0.00 | 0 | 34.00 | 2.38 |
| Mobile Telecommunications Total | 0 | 0 | 0.00 | 0.00 | 0 | 34.00 | 2.38 |
| Old Mutual Money Market - A | 13,133,983 | 13,133,983 | 13.22 | 0.84 | 0 | 0.00 | 0.00 |
| Money Market Total | 13,133,983 | 13,133,983 | 13.22 | 0.84 | 0 | 0.00 | 0.00 |
| iShares Core EURO STOXX 50 UCITS ETF | 7,700 | 7,700 | 32.74 | 2.08 | 0 | 0.00 | 0.00 |
| Offshore Intern Total | 7,700 | 7,700 | 32.74 | 2.08 | 0 | 0.00 | 0.00 |
| Exxaro Resources Ltd. | 148,871 | 148,871 | 26.66 | 1.70 | 0 | 0.00 | 0.00 |
| Oil, Gas and Coal Total | 148,871 | 148,871 | 26.66 | 1.70 | 0 | 0.00 | 0.00 |
| Adcock Ingram Holdings Ltd. | 282,410 | 282,410 | 20.33 | 1.29 | 0 | 0.00 | 0.00 |
| Pharmaceuticals and Biotechnology Total | 282,410 | 282,410 | 20.33 | 1.29 | 0 | 0.00 | 0.00 |
| Valterra Platinum Ltd. | 34,814 | 34,814 | 42.05 | 2.68 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 34,814 | 34,814 | 42.05 | 2.68 | 0 | 0.00 | 0.00 |
| Domestic Funds (Real Estate) | 0 | 0 | 0.00 | 0.00 | 0 | 19.83 | 1.39 |
| Real Estate Total | 0 | 0 | 0.00 | 0.00 | 0 | 19.83 | 1.39 |
| MAS plc | 496,050 | 496,050 | 10.55 | 0.67 | 0 | 0.00 | 0.00 |
| Real Estate Investment and Services Total | 496,050 | 496,050 | 10.55 | 0.67 | 0 | 0.00 | 0.00 |
| Fairvest Ltd. | 3,231,723 | 3,231,723 | 17.94 | 1.14 | 0 | 0.00 | 0.00 |
| Growthpoint Properties Ltd. | 695,945 | 695,945 | 10.28 | 0.65 | 0 | 0.00 | 0.00 |
| Spear REIT Ltd. | 1,555,077 | 1,555,077 | 15.94 | 1.01 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 5,482,745 | 5,482,745 | 44.15 | 2.81 | 0 | 0.00 | 0.00 |
| KAL Group Ltd. | 555,905 | 555,905 | 23.13 | 1.47 | 0 | 0.00 | 0.00 |
| Motus Holdings Ltd. | 263,194 | 263,194 | 27.37 | 1.74 | 0 | 0.00 | 0.00 |
| The Foschini Group Ltd. | 177,642 | 177,642 | 19.28 | 1.23 | 0 | 0.00 | 0.00 |
| Retailers Total | 996,741 | 996,741 | 69.78 | 4.44 | 0 | 0.00 | 0.00 |
| Naspers Ltd. | 10,375 | 10,375 | 65.38 | 4.16 | 0 | 0.00 | 0.00 |
| Software and Computer Services Total | 10,375 | 10,375 | 65.38 | 4.16 | 0 | 0.00 | 0.00 |
| MTN Group Ltd. | 189,740 | 189,740 | 26.62 | 1.69 | 0 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | 189,740 | 189,740 | 26.62 | 1.69 | 0 | 0.00 | 0.00 |
| British American Tobacco plc | 34,740 | 34,740 | 31.64 | 2.01 | 0 | 0.00 | 0.00 |
| Tobacco Total | 34,740 | 34,740 | 31.64 | 2.01 | 0 | 0.00 | 0.00 |
| Southern Sun Ltd. | 1,471,914 | 1,471,914 | 12.61 | 0.80 | 0 | 0.00 | 0.00 |
| Travel and Leisure Total | 1,471,914 | 1,471,914 | 12.61 | 0.80 | 0 | 0.00 | 0.00 |
| Portfolio Total | 369,924,399 | 369,924,399 | 1,571.58 | 100.00 | 0 | 1,430.77 | 100.00 |