| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Tiger Wheels Ltd. | 0 | 3,017,524 | 0.00 | 0.00 | 3,017,524 | 0.00 | 0.00 |
| Automobiles & Parts Total | 0 | 3,017,524 | 0.00 | 0.00 | 3,017,524 | 0.00 | 0.00 |
| Metair Investments Ltd. | 0 | 3,965,385 | 26.85 | 0.32 | 3,965,385 | 29.74 | 0.39 |
| Automobiles and Parts Total | 0 | 3,965,385 | 26.85 | 0.32 | 3,965,385 | 29.74 | 0.39 |
| Absa Group Ltd. | -1,880,771 | 910,364 | 164.86 | 1.97 | 2,791,135 | 491.24 | 6.41 |
| Banks Total | -1,880,771 | 910,364 | 164.86 | 1.97 | 2,791,135 | 491.24 | 6.41 |
| Cash on call | 0 | 0 | 72.65 | 0.87 | 0 | 4.12 | 0.05 |
| Cash on call Total | 0 | 0 | 72.65 | 0.87 | 0 | 4.12 | 0.05 |
| AECI Ltd. | -2,439,407 | 3,633,041 | 352.91 | 4.22 | 6,072,448 | 643.62 | 8.40 |
| Chemicals Total | -2,439,407 | 3,633,041 | 352.91 | 4.22 | 6,072,448 | 643.62 | 8.40 |
| EPE Capital Partners Ltd. | 0 | 732,934 | 5.02 | 0.06 | 732,934 | 4.87 | 0.06 |
| Closed End Investments Total | 0 | 732,934 | 5.02 | 0.06 | 732,934 | 4.87 | 0.06 |
| Esor Ltd. | 0 | 15,515,774 | 0.00 | 0.00 | 15,515,774 | 0.00 | 0.00 |
| Group Five Ltd. | 0 | 5,076,116 | 0.00 | 0.00 | 5,076,116 | 0.00 | 0.00 |
| Construction & Materials Total | 0 | 20,591,890 | 0.00 | 0.00 | 20,591,890 | 0.00 | 0.00 |
| Aveng Ltd. | 0 | 5,651,730 | 27.69 | 0.33 | 5,651,730 | 33.74 | 0.44 |
| Basil Read Holdings Ltd. | 0 | 313,397 | 0.00 | 0.00 | 313,397 | 0.00 | 0.00 |
| Consolidated Infrastructure Group Ltd. | 0 | 2,822,397 | 0.00 | 0.00 | 2,822,397 | 0.00 | 0.00 |
| Raubex Group Ltd. | 2,967,241 | 7,442,555 | 317.05 | 3.79 | 4,475,314 | 199.15 | 2.60 |
| Stefanutti Stocks Holdings Ltd. | 0 | 9,351,628 | 37.41 | 0.45 | 9,351,628 | 37.41 | 0.49 |
| Wilson Bayly Holmes - Ovcon Ltd. | 137,680 | 137,680 | 20.69 | 0.25 | 0 | 0.00 | 0.00 |
| Construction and Materials Total | 3,104,921 | 25,719,387 | 402.85 | 4.82 | 22,614,466 | 270.30 | 3.53 |
| Zeda Ltd. | 0 | 5,591,612 | 70.29 | 0.84 | 5,591,612 | 68.83 | 0.90 |
| Consumer Services Total | 0 | 5,591,612 | 70.29 | 0.84 | 5,591,612 | 68.83 | 0.90 |
| Reunert Ltd. | 0 | 163,271 | 8.79 | 0.11 | 163,271 | 9.39 | 0.12 |
| South Ocean Holdings Ltd. | 0 | 7,131,491 | 8.91 | 0.11 | 7,131,491 | 10.70 | 0.14 |
| Electronic and Electrical Equipment Total | 0 | 7,294,762 | 17.70 | 0.21 | 7,294,762 | 20.09 | 0.26 |
| Ninety One PCC Limited Global Value Fund | 0 | 3,341,142 | 2,679.02 | 32.03 | 3,341,142 | 2,402.36 | 31.36 |
| Equities Total | 0 | 3,341,142 | 2,679.02 | 32.03 | 3,341,142 | 2,402.36 | 31.36 |
| Libstar Holdings Ltd. | 0 | 19,503,939 | 93.42 | 1.12 | 19,503,939 | 61.44 | 0.80 |
| Rainbow Chicken Ltd. | 0 | 36,265,996 | 149.78 | 1.79 | 36,265,996 | 149.78 | 1.96 |
| RCL Foods Ltd. | 0 | 9,078,017 | 87.42 | 1.05 | 9,078,017 | 99.86 | 1.30 |
| RFG Holdings Ltd. | 3,666,748 | 9,778,690 | 165.75 | 1.98 | 6,111,942 | 103.90 | 1.36 |
| Food Producers Total | 3,666,748 | 74,626,642 | 496.37 | 5.93 | 70,959,894 | 414.98 | 5.42 |
| United Kingdom - Currency | 0 | 0 | 0.02 | 0.00 | 0 | 0.02 | 0.00 |
| USA - Currency | 0 | 0 | 0.02 | 0.00 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 0.04 | 0.00 | 0 | 0.03 | 0.00 |
| The Bidvest Group Ltd. | 2,508,844 | 2,508,844 | 531.42 | 6.35 | 0 | 0.00 | 0.00 |
| General Industrials Total | 2,508,844 | 2,508,844 | 531.42 | 6.35 | 0 | 0.00 | 0.00 |
| African Rainbow Minerals Ltd. | 982,409 | 4,991,685 | 926.01 | 11.07 | 4,009,276 | 689.88 | 9.01 |
| Hulamin Ltd. | 0 | 13,689,030 | 36.28 | 0.43 | 13,689,030 | 30.12 | 0.39 |
| Master Drilling Group Ltd. | 0 | 803,345 | 12.65 | 0.15 | 803,345 | 12.82 | 0.17 |
| Merafe Resources Ltd. | -1,261,147 | 1,428,224 | 1.53 | 0.02 | 2,689,371 | 3.52 | 0.05 |
| Industrial Metals and Mining Total | -278,738 | 20,912,284 | 976.46 | 11.67 | 21,191,022 | 736.34 | 9.61 |
| Invicta Holdings Ltd. | 1,341,697 | 2,775,765 | 102.01 | 1.22 | 1,434,068 | 50.18 | 0.66 |
| Metrofile Holdings Ltd. | -6,923,556 | 0 | 0.00 | 0.00 | 6,923,556 | 18.14 | 0.24 |
| Industrial Support Services Total | -5,581,859 | 2,775,765 | 102.01 | 1.22 | 8,357,624 | 68.32 | 0.89 |
| Mobile Industries Ltd. | 0 | 16,910,683 | 0.00 | 0.00 | 16,910,683 | 0.00 | 0.00 |
| Industrial Transportation Total | 0 | 16,910,683 | 0.00 | 0.00 | 16,910,683 | 0.00 | 0.00 |
| Alexander Forbes Group Holdings Ltd. | 12,922,061 | 12,922,061 | 99.37 | 1.19 | 0 | 0.00 | 0.00 |
| Reinet Investments SCA | -337,767 | 0 | 0.00 | 0.00 | 337,767 | 194.60 | 2.54 |
| Investment Banking and Brokerage Services Total | 12,584,294 | 12,922,061 | 99.37 | 1.19 | 337,767 | 194.60 | 2.54 |
| Old Mutual Ltd. | -42,551,598 | 0 | 0.00 | 0.00 | 42,551,598 | 513.60 | 6.70 |
| Life Insurance Total | -42,551,598 | 0 | 0.00 | 0.00 | 42,551,598 | 513.60 | 6.70 |
| African Media Entertainment Ltd. | 0 | 362,148 | 16.29 | 0.19 | 362,148 | 18.05 | 0.24 |
| Caxton and CTP Publishers and Printers Ltd. | 0 | 17,208,452 | 236.62 | 2.83 | 17,208,452 | 203.06 | 2.65 |
| Media Total | 0 | 17,570,600 | 252.90 | 3.02 | 17,570,600 | 221.11 | 2.89 |
| Exxaro Resources Ltd. | -2,356,620 | 2,327,069 | 419.29 | 5.01 | 4,683,689 | 688.17 | 8.98 |
| Oil, Gas and Coal Total | -2,356,620 | 2,327,069 | 419.29 | 5.01 | 4,683,689 | 688.17 | 8.98 |
| Brimstone Investment Corporation Ltd. | 0 | 11,202,915 | 50.53 | 0.60 | 11,202,915 | 46.04 | 0.60 |
| Open End and Miscellaneous Investment Vehicles Total | 0 | 11,202,915 | 50.53 | 0.60 | 11,202,915 | 46.04 | 0.60 |
| Adcock Ingram Holdings Ltd. | -670,997 | 0 | 0.00 | 0.00 | 670,997 | 33.82 | 0.44 |
| Pharmaceuticals and Biotechnology Total | -670,997 | 0 | 0.00 | 0.00 | 670,997 | 33.82 | 0.44 |
| Pan African Resources plc | -2,312,042 | 0 | 0.00 | 0.00 | 2,312,042 | 25.64 | 0.33 |
| Precious Metals and Mining Total | -2,312,042 | 0 | 0.00 | 0.00 | 2,312,042 | 25.64 | 0.33 |
| Intu Properties plc | 0 | 13,832,931 | 0.00 | 0.00 | 13,832,931 | 0.00 | 0.00 |
| Octodec Investments Ltd. | 0 | 1,413,038 | 16.07 | 0.19 | 1,413,038 | 14.48 | 0.19 |
| Real Estate Investment Trusts Total | 0 | 15,245,969 | 16.07 | 0.19 | 15,245,969 | 14.48 | 0.19 |
| Cashbuild Ltd. | 678,379 | 1,068,744 | 148.56 | 1.78 | 390,365 | 60.12 | 0.78 |
| Combined Motor Holdings Ltd. | 0 | 238,865 | 7.88 | 0.09 | 238,865 | 7.24 | 0.09 |
| Italtile Ltd. | 0 | 26,722,266 | 247.45 | 2.96 | 26,722,266 | 267.22 | 3.49 |
| Truworths International Ltd. | 2,976,134 | 3,139,138 | 171.71 | 2.05 | 163,004 | 11.64 | 0.15 |
| Woolworths Holdings Ltd. | 15,821,393 | 16,043,468 | 806.83 | 9.65 | 222,075 | 11.49 | 0.15 |
| Retailers Total | 19,475,906 | 47,212,481 | 1,382.42 | 16.53 | 27,736,575 | 357.72 | 4.67 |
| Datatec Ltd. | -1,912,760 | 702,191 | 42.17 | 0.50 | 2,614,951 | 170.60 | 2.23 |
| Software and Computer Services Total | -1,912,760 | 702,191 | 42.17 | 0.50 | 2,614,951 | 170.60 | 2.23 |
| Comair Ltd. | 0 | 10,392,395 | 0.00 | 0.00 | 10,392,395 | 0.00 | 0.00 |
| Tsogo Sun Ltd. | 0 | 31,231,911 | 203.32 | 2.43 | 31,231,911 | 239.55 | 3.13 |
| Travel and Leisure Total | 0 | 41,624,306 | 203.32 | 2.43 | 41,624,306 | 239.55 | 3.13 |
| Portfolio Total | -18,644,079 | 341,339,851 | 8,364.52 | 100.00 | 359,983,930 | 7,660.17 | 100.00 |