|   |  |  | 
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund | 
| FirstRand Ltd. | 33,318  | 537,589  | 41.85  | 6.21  | 504,271  | 38.44  | 5.97  | 
| Standard Bank Group Ltd. | 8,258  | 170,225  | 40.22  | 5.97  | 161,967  | 36.88  | 5.73  | 
| Banks Total | 41,576  | 707,814  | 82.06  | 12.17  | 666,238  | 75.32  | 11.70  | 
| SA Bond R2040 | 0  | 210,390,279  | 196.21  | 29.11  | 210,390,279  | 189.98  | 29.52  | 
| Bond Total | 0  | 210,390,279  | 196.21  | 29.11  | 210,390,279  | 189.98  | 29.52  | 
| Cash on call | 0  | 0  | 16.01  | 2.38  | 0  | 13.33  | 2.07  | 
| Cash on call Total | 0  | 0  | 16.01  | 2.38  | 0  | 13.33  | 2.07  | 
| ADvTECH Ltd. | 161,779  | 561,438  | 17.72  | 2.63  | 399,659  | 13.05  | 2.03  | 
| Consumer Services Total | 161,779  | 561,438  | 17.72  | 2.63  | 399,659  | 13.05  | 2.03  | 
| AVI Ltd. | 56,876  | 179,221  | 17.66  | 2.62  | 122,345  | 11.54  | 1.79  | 
| Food Producers Total | 56,876  | 179,221  | 17.66  | 2.62  | 122,345  | 11.54  | 1.79  | 
| Mondi plc | 22,319  | 78,384  | 18.51  | 2.75  | 56,065  | 16.30  | 2.53  | 
| The Bidvest Group Ltd. | 16,050  | 59,888  | 12.63  | 1.87  | 43,838  | 10.31  | 1.60  | 
| General Industrials Total | 38,369  | 138,272  | 31.15  | 4.62  | 99,903  | 26.60  | 4.13  | 
| Sanlam Ltd. | 21,970  | 260,887  | 21.66  | 3.21  | 238,917  | 21.23  | 3.30  | 
| Life Insurance Total | 21,970  | 260,887  | 21.66  | 3.21  | 238,917  | 21.23  | 3.30  | 
| Bid Corporation Ltd. | 5,214  | 54,023  | 23.34  | 3.46  | 48,809  | 23.05  | 3.58  | 
| Clicks Group Ltd. | 7,200  | 56,982  | 20.17  | 2.99  | 49,782  | 18.54  | 2.88  | 
| Dis-Chem Pharmacies Ltd. | 302,462  | 302,462  | 9.88  | 1.47  | 0  | 0.00  | 0.00  | 
| Shoprite Holdings Ltd. | -17,027  | 85,684  | 23.49  | 3.48  | 102,711  | 28.75  | 4.47  | 
| Personal Care, Drug and Grocery Stores Total | 297,849  | 499,151  | 76.87  | 11.40  | 201,302  | 70.33  | 10.93  | 
| Compagnie Financière Richemont SA | -4,968  | 4,483  | 14.66  | 2.17  | 9,451  | 31.49  | 4.89  | 
| Personal Goods Total | -4,968  | 4,483  | 14.66  | 2.17  | 9,451  | 31.49  | 4.89  | 
| NEPI Rockcastle NV | 37,601  | 294,705  | 40.65  | 6.03  | 257,104  | 34.85  | 5.41  | 
| Real Estate Investment and Services Total | 37,601  | 294,705  | 40.65  | 6.03  | 257,104  | 34.85  | 5.41  | 
| Fairvest Ltd. | 0  | 351,701  | 6.45  | 0.96  | 351,701  | 6.12  | 0.95  | 
| Fairvest Ltd. | -226,978  | 1,166,766  | 6.45  | 0.96  | 1,393,744  | 7.30  | 1.13  | 
| Growthpoint Properties Ltd. | -95,844  | 2,283,790  | 33.71  | 5.00  | 2,379,634  | 31.58  | 4.91  | 
| Resilient REIT Ltd. | -11,930  | 627,501  | 40.00  | 5.93  | 639,431  | 38.62  | 6.00  | 
| Stor-Age Property REIT Ltd. | 0  | 2,526,715  | 38.91  | 5.77  | 2,526,715  | 40.40  | 6.28  | 
| Vukile Property Fund Ltd. | 0  | 1,625,525  | 33.91  | 5.03  | 1,625,525  | 31.91  | 4.96  | 
| Real Estate Investment Trusts Total | -334,752  | 8,581,998  | 159.44  | 23.65  | 8,916,750  | 155.93  | 24.23  | 
| Portfolio Total | 316,300  | 221,618,248  | 674.08  | 100.00  | 221,301,948  | 643.64  | 100.00  |