| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| FirstRand Ltd. | -237,552 | 3,756,160 | 311.99 | 2.14 | 3,993,712 | 307.12 | 2.20 |
| Standard Bank Group Ltd. | 48,428 | 974,773 | 236.24 | 1.62 | 926,345 | 195.28 | 1.40 |
| Banks Total | -189,124 | 4,730,933 | 548.22 | 3.77 | 4,920,057 | 502.40 | 3.60 |
| Anheuser-Busch InBev SA/NV | 132,656 | 132,656 | 151.30 | 1.04 | 0 | 0.00 | 0.00 |
| Beverages Total | 132,656 | 132,656 | 151.30 | 1.04 | 0 | 0.00 | 0.00 |
| SA Bond BNDS | 0 | 0 | 1,127.55 | 7.75 | 0 | 1,043.34 | 7.48 |
| SA Bond I2033 | 0 | 339,400,000 | 429.39 | 2.95 | 339,400,000 | 416.23 | 2.99 |
| SA Bond NI29 | 0 | 187,800,000 | 244.19 | 1.68 | 187,800,000 | 239.68 | 1.72 |
| SA Bond R209 | -203,000,000 | 1,447,838,000 | 1,068.01 | 7.34 | 1,650,838,000 | 1,125.60 | 8.07 |
| SA Bond R214 | 0 | 293,600,000 | 204.55 | 1.41 | 293,600,000 | 185.88 | 1.33 |
| Bond Total | -203,000,000 | 2,268,638,000 | 3,073.69 | 21.12 | 2,471,638,000 | 3,010.74 | 21.60 |
| Cash on call | 0 | 0 | 1,955.56 | 13.44 | 0 | 1,641.81 | 11.78 |
| Cash on call Total | 0 | 0 | 1,955.56 | 13.44 | 0 | 1,641.81 | 11.78 |
| Egerton Capital Equity Fund | -9,834 | 204,252 | 474.85 | 3.26 | 214,086 | 487.17 | 3.49 |
| Foreign - Equity Derivatives | 98 | 98 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Select Equity Offshore USD Smaller Companies Fund | -1,369,381 | 0 | 0.00 | 0.00 | 1,369,381 | 302.00 | 2.17 |
| Equities Total | -1,379,117 | 204,350 | 474.85 | 3.26 | 1,583,467 | 789.16 | 5.66 |
| NewGold | 0 | 0 | 183.98 | 1.26 | 0 | 171.93 | 1.23 |
| Exchange Traded Funds Total | 0 | 0 | 183.98 | 1.26 | 0 | 171.93 | 1.23 |
| Foreign - Currency | 0 | 0 | 49.24 | 0.34 | 0 | 99.81 | 0.72 |
| For Currency Total | 0 | 0 | 49.24 | 0.34 | 0 | 99.81 | 0.72 |
| Foreign - Bonds | 0 | 0 | 945.94 | 6.50 | 0 | 0.00 | 0.00 |
| Foreign - Equities | 0 | 0 | 3,775.39 | 25.94 | 0 | 3,057.65 | 21.93 |
| Foreign Invest Total | 0 | 0 | 4,721.32 | 32.44 | 0 | 3,057.65 | 21.93 |
| Foreign - Property | 0 | 0 | 23.45 | 0.16 | 0 | 23.35 | 0.17 |
| Foreign Property Total | 0 | 0 | 23.45 | 0.16 | 0 | 23.35 | 0.17 |
| Equity | 0 | 0 | 1,857.52 | 12.76 | 0 | 1,853.50 | 13.29 |
| General Equity Total | 0 | 0 | 1,857.52 | 12.76 | 0 | 1,853.50 | 13.29 |
| Resources positions individually less than 1% of fund | 0 | 0 | 123.48 | 0.85 | 0 | 124.71 | 0.89 |
| Mining Total | 0 | 0 | 123.48 | 0.85 | 0 | 124.71 | 0.89 |
| Contrarius Global Equity | 0 | 0 | 0.00 | 0.00 | 0 | 353.36 | 2.53 |
| Offshore Intern Total | 0 | 0 | 0.00 | 0.00 | 0 | 353.36 | 2.53 |
| Dis-Chem Pharmacies Ltd. | 4,048,575 | 4,048,575 | 153.64 | 1.06 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 4,048,575 | 4,048,575 | 153.64 | 1.06 | 0 | 0.00 | 0.00 |
| Compagnie Financière Richemont SA | -18,203 | 76,400 | 208.95 | 1.44 | 94,603 | 269.61 | 1.93 |
| Personal Goods Total | -18,203 | 76,400 | 208.95 | 1.44 | 94,603 | 269.61 | 1.93 |
| Property positions individually less than 1% of fund | 0 | 0 | 242.08 | 1.66 | 0 | 208.49 | 1.50 |
| Real Estate Total | 0 | 0 | 242.08 | 1.66 | 0 | 208.49 | 1.50 |
| Property | 0 | 0 | 0.00 | 0.00 | 0 | 1,176.37 | 8.44 |
| Real Estate Holding & Development Total | 0 | 0 | 0.00 | 0.00 | 0 | 1,176.37 | 8.44 |
| Prosus NV | 44,299 | 794,061 | 600.50 | 4.13 | 749,762 | 487.80 | 3.50 |
| Software and Computer Services Total | 44,299 | 794,061 | 600.50 | 4.13 | 749,762 | 487.80 | 3.50 |
| British American Tobacco plc | -9,761 | 287,639 | 185.14 | 1.27 | 297,400 | 171.13 | 1.23 |
| Tobacco Total | -9,761 | 287,639 | 185.14 | 1.27 | 297,400 | 171.13 | 1.23 |
| Portfolio Total | -200,370,675 | 2,278,912,614 | 14,552.95 | 100.00 | 2,479,283,289 | 13,941.82 | 100.00 |