| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Capitec Bank Holdings Ltd. | 0 | 420,902 | 1,305.92 | 1.51 | 420,902 | 1,319.25 | 1.55 |
| Standard Bank Group Ltd. | 0 | 5,525,938 | 1,322.96 | 1.53 | 5,525,938 | 1,225.43 | 1.44 |
| Banks Total | 0 | 5,946,840 | 2,628.88 | 3.04 | 5,946,840 | 2,544.68 | 3.00 |
| SA Bond I2025 | -377,400,000 | 0 | 0.00 | 0.00 | 377,400,000 | 703.50 | 0.83 |
| SA Bond I2029 | 0 | 1,085,100,000 | 1,468.25 | 1.70 | 1,085,100,000 | 1,448.07 | 1.71 |
| SA Bond R186 | 668,800,000 | 1,581,317,098 | 1,683.04 | 1.95 | 912,517,098 | 951.08 | 1.12 |
| SA Bond R202 | 0 | 46,928,971 | 126.09 | 0.15 | 46,928,971 | 125.28 | 0.15 |
| SA Bond R2030 | 0 | 4,117,900,000 | 4,000.75 | 4.63 | 4,117,900,000 | 4,084.69 | 4.81 |
| SA Bond R2032 | 0 | 1,056,300,000 | 971.76 | 1.12 | 1,056,300,000 | 1,000.44 | 1.18 |
| SA Bond R2037 | 0 | 3,273,100,000 | 2,768.01 | 3.20 | 3,273,100,000 | 2,896.39 | 3.41 |
| SA Bond R210 | 0 | 295,600,000 | 722.89 | 0.84 | 295,600,000 | 715.22 | 0.84 |
| SA Bond R213 | 0 | 1,776,000,000 | 1,587.74 | 1.84 | 1,776,000,000 | 1,620.15 | 1.91 |
| Bond Total | 291,400,000 | 13,232,246,069 | 13,328.52 | 15.41 | 12,940,846,069 | 13,544.82 | 15.95 |
| Cash on call | 0 | 0 | 1,258.02 | 1.45 | 0 | 876.21 | 1.03 |
| Cash on call Total | 0 | 0 | 1,258.02 | 1.45 | 0 | 876.21 | 1.03 |
| Investec GSF Global Quality Equity Income Fund | 0 | 53,883,571 | 23,031.33 | 26.63 | 53,883,571 | 23,040.30 | 27.13 |
| Equities Total | 0 | 53,883,571 | 23,031.33 | 26.63 | 53,883,571 | 23,040.30 | 27.13 |
| NewGold | 0 | 5,773,946 | 3,070.70 | 3.55 | 5,773,946 | 2,623.85 | 3.09 |
| Exchange Traded Funds Total | 0 | 5,773,946 | 3,070.70 | 3.55 | 5,773,946 | 2,623.85 | 3.09 |
| Australia - Currency | 0 | 0 | 7.70 | 0.01 | 0 | 7.84 | 0.01 |
| Norway - Cash | 0 | 0 | 0.01 | 0.00 | 0 | 0.01 | 0.00 |
| Sweden - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 21.94 | 0.03 | 0 | 22.43 | 0.03 |
| For Currency Total | 0 | 0 | 29.65 | 0.03 | 0 | 30.28 | 0.04 |
| Mondi plc | 0 | 4,976,802 | 1,354.69 | 1.57 | 4,976,802 | 1,381.06 | 1.63 |
| General Industrials Total | 0 | 4,976,802 | 1,354.69 | 1.57 | 4,976,802 | 1,381.06 | 1.63 |
| BHP Group Ltd. | 0 | 3,641,492 | 1,597.89 | 1.85 | 3,641,492 | 1,676.47 | 1.97 |
| Industrial Metals and Mining Total | 0 | 3,641,492 | 1,597.89 | 1.85 | 3,641,492 | 1,676.47 | 1.97 |
| Berkshire Hathaway Inc | 0 | 91 | 1,325.54 | 1.53 | 91 | 1,169.26 | 1.38 |
| Insurance Total | 0 | 91 | 1,325.54 | 1.53 | 91 | 1,169.26 | 1.38 |
| JSE Ltd. | 0 | 6,704,463 | 830.62 | 0.96 | 6,704,463 | 809.36 | 0.95 |
| Remgro Ltd. | 0 | 15,166,144 | 2,393.22 | 2.77 | 15,166,144 | 2,352.27 | 2.77 |
| Investment Banking and Brokerage Services Total | 0 | 21,870,607 | 3,223.83 | 3.73 | 21,870,607 | 3,161.63 | 3.72 |
| Ninety One Corporate Money Market - Z | 816,844,201 | 1,641,471,834 | 1,641.47 | 1.90 | 824,627,633 | 824.63 | 0.97 |
| Ninety One Money Market - Z | -853,615,022 | 5,885,200,914 | 5,885.20 | 6.81 | 6,738,815,936 | 6,738.82 | 7.94 |
| Money Market Total | -36,770,821 | 7,526,672,748 | 7,526.67 | 8.70 | 7,563,443,569 | 7,563.44 | 8.91 |
| Santam Ltd. | 0 | 4,036,014 | 1,506.00 | 1.74 | 4,036,014 | 1,584.70 | 1.87 |
| Non-life Insurance Total | 0 | 4,036,014 | 1,506.00 | 1.74 | 4,036,014 | 1,584.70 | 1.87 |
| Investec GSF Global Opportunity Equity | 0 | 11,667,237 | 7,664.25 | 8.86 | 11,667,237 | 7,904.87 | 9.31 |
| Ninety One GSF Global Franchise A Acc | 0 | 8,080,669 | 4,949.01 | 5.72 | 8,080,669 | 4,945.00 | 5.82 |
| Offshore Intern Total | 0 | 19,747,906 | 12,613.26 | 14.59 | 19,747,906 | 12,849.87 | 15.13 |
| Bid Corporation Ltd. | 0 | 3,458,526 | 1,519.85 | 1.76 | 3,458,526 | 1,489.14 | 1.75 |
| Clicks Group Ltd. | -3,652,302 | 0 | 0.00 | 0.00 | 3,652,302 | 1,362.67 | 1.60 |
| Shoprite Holdings Ltd. | 0 | 4,124,696 | 1,124.85 | 1.30 | 4,124,696 | 1,214.72 | 1.43 |
| Personal Care, Drug and Grocery Stores Total | -3,652,302 | 7,583,222 | 2,644.70 | 3.06 | 11,235,524 | 4,066.53 | 4.79 |
| Compagnie Financière Richemont SA | 0 | 862,070 | 2,732.61 | 3.16 | 862,070 | 2,393.02 | 2.82 |
| Personal Goods Total | 0 | 862,070 | 2,732.61 | 3.16 | 862,070 | 2,393.02 | 2.82 |
| Naspers Ltd. | 0 | 386,559 | 1,746.47 | 2.02 | 386,559 | 1,613.20 | 1.90 |
| Prosus NV | 1,771,541 | 5,223,621 | 4,396.20 | 5.08 | 3,452,080 | 2,585.78 | 3.05 |
| Software and Computer Services Total | 1,771,541 | 5,610,180 | 6,142.67 | 7.10 | 3,838,639 | 4,198.98 | 4.95 |
| British American Tobacco plc | 0 | 3,265,418 | 2,464.15 | 2.85 | 3,265,418 | 2,209.28 | 2.60 |
| Tobacco Total | 0 | 3,265,418 | 2,464.15 | 2.85 | 3,265,418 | 2,209.28 | 2.60 |
| Portfolio Total | 252,748,418 | 20,896,116,976 | 86,479.10 | 100.00 | 20,643,368,558 | 84,914.40 | 100.00 |