| | | |
| 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 | 19.43 | 0.21 | 3,965,385 | 26.85 | 0.32 |
| Automobiles and Parts Total | 0 | 3,965,385 | 19.43 | 0.21 | 3,965,385 | 26.85 | 0.32 |
| Absa Group Ltd. | -910,364 | 0 | 0.00 | 0.00 | 910,364 | 164.86 | 1.97 |
| Banks Total | -910,364 | 0 | 0.00 | 0.00 | 910,364 | 164.86 | 1.97 |
| Cash on call | 0 | 0 | 366.95 | 3.97 | 0 | 72.65 | 0.87 |
| Cash on call Total | 0 | 0 | 366.95 | 3.97 | 0 | 72.65 | 0.87 |
| AECI Ltd. | 755,066 | 4,388,107 | 501.52 | 5.43 | 3,633,041 | 352.91 | 4.22 |
| Chemicals Total | 755,066 | 4,388,107 | 501.52 | 5.43 | 3,633,041 | 352.91 | 4.22 |
| EPE Capital Partners Ltd. | -732,934 | 0 | 0.00 | 0.00 | 732,934 | 5.02 | 0.06 |
| Closed End Investments Total | -732,934 | 0 | 0.00 | 0.00 | 732,934 | 5.02 | 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 | 25.09 | 0.27 | 5,651,730 | 27.69 | 0.33 |
| 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. | -605,898 | 6,836,657 | 333.01 | 3.60 | 7,442,555 | 317.05 | 3.79 |
| Stefanutti Stocks Holdings Ltd. | -9,351,628 | 0 | 0.00 | 0.00 | 9,351,628 | 37.41 | 0.45 |
| Wilson Bayly Holmes - Ovcon Ltd. | 867,921 | 1,005,601 | 155.89 | 1.69 | 137,680 | 20.69 | 0.25 |
| Construction and Materials Total | -9,089,605 | 16,629,782 | 514.00 | 5.56 | 25,719,387 | 402.85 | 4.82 |
| Zeda Ltd. | 0 | 5,591,612 | 74.37 | 0.80 | 5,591,612 | 70.29 | 0.84 |
| Consumer Services Total | 0 | 5,591,612 | 74.37 | 0.80 | 5,591,612 | 70.29 | 0.84 |
| Reunert Ltd. | 2,481,312 | 2,644,583 | 172.32 | 1.86 | 163,271 | 8.79 | 0.11 |
| South Ocean Holdings Ltd. | 0 | 7,131,491 | 6.77 | 0.07 | 7,131,491 | 8.91 | 0.11 |
| Electronic and Electrical Equipment Total | 2,481,312 | 9,776,074 | 179.10 | 1.94 | 7,294,762 | 17.70 | 0.21 |
| Ninety One PCC Limited Global Value Fund | -32,095 | 3,309,047 | 2,452.80 | 26.54 | 3,341,142 | 2,679.02 | 32.03 |
| Equities Total | -32,095 | 3,309,047 | 2,452.80 | 26.54 | 3,341,142 | 2,679.02 | 32.03 |
| Libstar Holdings Ltd. | 0 | 19,503,939 | 85.82 | 0.93 | 19,503,939 | 93.42 | 1.12 |
| Rainbow Chicken Ltd. | -56,378 | 36,209,618 | 235.36 | 2.55 | 36,265,996 | 149.78 | 1.79 |
| RCL Foods Ltd. | 0 | 9,078,017 | 73.99 | 0.80 | 9,078,017 | 87.42 | 1.05 |
| RFG Holdings Ltd. | -9,778,690 | 0 | 0.00 | 0.00 | 9,778,690 | 165.75 | 1.98 |
| Food Producers Total | -9,835,068 | 64,791,574 | 395.17 | 4.28 | 74,626,642 | 496.37 | 5.93 |
| United Kingdom - Currency | 0 | 0 | 0.02 | 0.00 | 0 | 0.02 | 0.00 |
| USA - Currency | 0 | 0 | -77.75 | -0.84 | 0 | 0.02 | 0.00 |
| For Currency Total | 0 | 0 | -77.73 | -0.84 | 0 | 0.04 | 0.00 |
| The Bidvest Group Ltd. | -2,044,875 | 463,969 | 105.58 | 1.14 | 2,508,844 | 531.42 | 6.35 |
| General Industrials Total | -2,044,875 | 463,969 | 105.58 | 1.14 | 2,508,844 | 531.42 | 6.35 |
| Life Healthcare Group Holdings Ltd. | 50,571,141 | 50,571,141 | 584.10 | 6.32 | 0 | 0.00 | 0.00 |
| Netcare Ltd. | 49,209,002 | 49,209,002 | 812.93 | 8.80 | 0 | 0.00 | 0.00 |
| Health Care Providers Total | 99,780,143 | 99,780,143 | 1,397.03 | 15.12 | 0 | 0.00 | 0.00 |
| African Rainbow Minerals Ltd. | -2,372,309 | 2,619,376 | 604.76 | 6.54 | 4,991,685 | 926.01 | 11.07 |
| Hulamin Ltd. | 0 | 13,689,030 | 27.38 | 0.30 | 13,689,030 | 36.28 | 0.43 |
| Master Drilling Group Ltd. | 0 | 803,345 | 14.27 | 0.15 | 803,345 | 12.65 | 0.15 |
| Merafe Resources Ltd. | -1,428,224 | 0 | 0.00 | 0.00 | 1,428,224 | 1.53 | 0.02 |
| Industrial Metals and Mining Total | -3,800,533 | 17,111,751 | 646.41 | 7.00 | 20,912,284 | 976.46 | 11.67 |
| Invicta Holdings Ltd. | 643,068 | 3,418,833 | 126.46 | 1.37 | 2,775,765 | 102.01 | 1.22 |
| Industrial Support Services Total | 643,068 | 3,418,833 | 126.46 | 1.37 | 2,775,765 | 102.01 | 1.22 |
| 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. | 0 | 12,922,061 | 84.64 | 0.92 | 12,922,061 | 99.37 | 1.19 |
| Investment Banking and Brokerage Services Total | 0 | 12,922,061 | 84.64 | 0.92 | 12,922,061 | 99.37 | 1.19 |
| African Media Entertainment Ltd. | 0 | 362,148 | 14.49 | 0.16 | 362,148 | 16.29 | 0.19 |
| Caxton and CTP Publishers and Printers Ltd. | 0 | 17,208,452 | 227.84 | 2.47 | 17,208,452 | 236.62 | 2.83 |
| eMedia Holdings Ltd. | 10,883,637 | 10,883,637 | 23.94 | 0.26 | 0 | 0.00 | 0.00 |
| Media Total | 10,883,637 | 28,454,237 | 266.28 | 2.88 | 17,570,600 | 252.90 | 3.02 |
| Exxaro Resources Ltd. | -2,327,069 | 0 | 0.00 | 0.00 | 2,327,069 | 419.29 | 5.01 |
| Oil, Gas and Coal Total | -2,327,069 | 0 | 0.00 | 0.00 | 2,327,069 | 419.29 | 5.01 |
| Brimstone Investment Corporation Ltd. | 0 | 11,202,915 | 59.94 | 0.65 | 11,202,915 | 50.53 | 0.60 |
| Open End and Miscellaneous Investment Vehicles Total | 0 | 11,202,915 | 59.94 | 0.65 | 11,202,915 | 50.53 | 0.60 |
| Pick n Pay Stores Ltd. | 23,760,108 | 23,760,108 | 453.82 | 4.91 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 23,760,108 | 23,760,108 | 453.82 | 4.91 | 0 | 0.00 | 0.00 |
| Harmony Gold Mining Company Ltd. | 227,892 | 227,892 | 58.34 | 0.63 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 227,892 | 227,892 | 58.34 | 0.63 | 0 | 0.00 | 0.00 |
| Intu Properties plc | 0 | 13,832,931 | 0.00 | 0.00 | 13,832,931 | 0.00 | 0.00 |
| Octodec Investments Ltd. | -1,413,038 | 0 | 0.00 | 0.00 | 1,413,038 | 16.07 | 0.19 |
| Real Estate Investment Trusts Total | -1,413,038 | 13,832,931 | 0.00 | 0.00 | 15,245,969 | 16.07 | 0.19 |
| Cashbuild Ltd. | 830,319 | 1,899,063 | 246.86 | 2.67 | 1,068,744 | 148.56 | 1.78 |
| Combined Motor Holdings Ltd. | 1,449,195 | 1,688,060 | 59.39 | 0.64 | 238,865 | 7.88 | 0.09 |
| Italtile Ltd. | 0 | 26,722,266 | 228.48 | 2.47 | 26,722,266 | 247.45 | 2.96 |
| Truworths International Ltd. | 5,907,054 | 9,046,192 | 467.42 | 5.06 | 3,139,138 | 171.71 | 2.05 |
| Woolworths Holdings Ltd. | -15,934,362 | 109,106 | 5.53 | 0.06 | 16,043,468 | 806.83 | 9.65 |
| Retailers Total | -7,747,794 | 39,464,687 | 1,007.67 | 10.90 | 47,212,481 | 1,382.42 | 16.53 |
| Datatec Ltd. | -702,191 | 0 | 0.00 | 0.00 | 702,191 | 42.17 | 0.50 |
| Software and Computer Services Total | -702,191 | 0 | 0.00 | 0.00 | 702,191 | 42.17 | 0.50 |
| City Lodge Hotels Ltd. | 26,484,337 | 26,484,337 | 115.74 | 1.25 | 0 | 0.00 | 0.00 |
| Comair Ltd. | 0 | 10,392,395 | 0.00 | 0.00 | 10,392,395 | 0.00 | 0.00 |
| Sun International Ltd. | 5,872,288 | 5,872,288 | 278.17 | 3.01 | 0 | 0.00 | 0.00 |
| Tsogo Sun Ltd. | 0 | 31,231,911 | 215.19 | 2.33 | 31,231,911 | 203.32 | 2.43 |
| Travel and Leisure Total | 32,356,625 | 73,980,931 | 609.09 | 6.59 | 41,624,306 | 203.32 | 2.43 |
| Portfolio Total | 132,252,285 | 473,592,136 | 9,240.83 | 100.00 | 341,339,851 | 8,364.52 | 100.00 |