| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Capitec Bank Holdings Ltd. | 0 | 420,902 | 1,319.25 | 1.55 | 420,902 | 1,281.44 | 1.54 |
| Standard Bank Group Ltd. | 0 | 5,525,938 | 1,225.43 | 1.44 | 5,525,938 | 1,339.21 | 1.61 |
| Banks Total | 0 | 5,946,840 | 2,544.68 | 3.00 | 5,946,840 | 2,620.65 | 3.16 |
| SA Bond I2025 | 0 | 377,400,000 | 703.50 | 0.83 | 377,400,000 | 691.48 | 0.83 |
| SA Bond I2029 | 0 | 1,085,100,000 | 1,448.07 | 1.71 | 1,085,100,000 | 1,439.82 | 1.74 |
| SA Bond R186 | 0 | 912,517,098 | 951.08 | 1.12 | 912,517,098 | 985.72 | 1.19 |
| SA Bond R202 | 0 | 46,928,971 | 125.28 | 0.15 | 46,928,971 | 126.29 | 0.15 |
| SA Bond R2030 | 0 | 4,117,900,000 | 4,084.69 | 4.81 | 4,117,900,000 | 4,030.57 | 4.86 |
| SA Bond R2032 | 0 | 1,056,300,000 | 1,000.44 | 1.18 | 1,056,300,000 | 990.33 | 1.19 |
| SA Bond R2037 | 0 | 3,273,100,000 | 2,896.39 | 3.41 | 3,273,100,000 | 2,890.46 | 3.48 |
| SA Bond R210 | 0 | 295,600,000 | 715.22 | 0.84 | 295,600,000 | 708.17 | 0.85 |
| SA Bond R213 | 0 | 1,776,000,000 | 1,620.15 | 1.91 | 1,776,000,000 | 1,600.37 | 1.93 |
| Bond Total | 0 | 12,940,846,069 | 13,544.82 | 15.95 | 12,940,846,069 | 13,463.21 | 16.23 |
| Cash on call | 0 | 0 | 876.21 | 1.03 | 0 | 1,323.82 | 1.60 |
| Cash on call Total | 0 | 0 | 876.21 | 1.03 | 0 | 1,323.82 | 1.60 |
| Investec GSF Global Quality Equity Income Fund | 0 | 53,883,571 | 23,040.30 | 27.13 | 53,883,571 | 21,059.48 | 25.39 |
| Equities Total | 0 | 53,883,571 | 23,040.30 | 27.13 | 53,883,571 | 21,059.48 | 25.39 |
| NewGold | 0 | 5,773,946 | 2,623.85 | 3.09 | 5,773,946 | 2,429.21 | 2.93 |
| Exchange Traded Funds Total | 0 | 5,773,946 | 2,623.85 | 3.09 | 5,773,946 | 2,429.21 | 2.93 |
| Australia - Currency | 0 | 0 | 7.84 | 0.01 | 0 | 8.01 | 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 | 22.43 | 0.03 | 0 | 20.39 | 0.02 |
| For Currency Total | 0 | 0 | 30.28 | 0.04 | 0 | 28.41 | 0.03 |
| Mondi plc | 0 | 4,976,802 | 1,381.06 | 1.63 | 4,976,802 | 1,626.57 | 1.96 |
| General Industrials Total | 0 | 4,976,802 | 1,381.06 | 1.63 | 4,976,802 | 1,626.57 | 1.96 |
| BHP Group Ltd. | 0 | 3,641,492 | 1,676.47 | 1.97 | 3,641,492 | 1,948.56 | 2.35 |
| Industrial Metals and Mining Total | 0 | 3,641,492 | 1,676.47 | 1.97 | 3,641,492 | 1,948.56 | 2.35 |
| Berkshire Hathaway Inc | 0 | 91 | 1,169.26 | 1.38 | 91 | 1,077.32 | 1.30 |
| Insurance Total | 0 | 91 | 1,169.26 | 1.38 | 91 | 1,077.32 | 1.30 |
| JSE Ltd. | 0 | 6,704,463 | 809.36 | 0.95 | 6,704,463 | 859.98 | 1.04 |
| Remgro Ltd. | 0 | 15,166,144 | 2,352.27 | 2.77 | 15,166,144 | 2,386.09 | 2.88 |
| Investment Banking and Brokerage Services Total | 0 | 21,870,607 | 3,161.63 | 3.72 | 21,870,607 | 3,246.07 | 3.91 |
| Ninety One Corporate Money Market - E | -115,910,000 | 0 | 0.00 | 0.00 | 115,910,000 | 115.91 | 0.14 |
| Ninety One Corporate Money Market - Z | 17,237,967 | 824,627,633 | 824.63 | 0.97 | 807,389,666 | 807.39 | 0.97 |
| Ninety One Money Market - Z | -1,599,301,297 | 6,738,815,936 | 6,738.82 | 7.94 | 8,338,117,233 | 8,338.12 | 10.05 |
| Money Market Total | -1,697,973,330 | 7,563,443,569 | 7,563.44 | 8.91 | 9,261,416,899 | 9,261.42 | 11.16 |
| Santam Ltd. | 0 | 4,036,014 | 1,584.70 | 1.87 | 4,036,014 | 1,485.25 | 1.79 |
| Non-life Insurance Total | 0 | 4,036,014 | 1,584.70 | 1.87 | 4,036,014 | 1,485.25 | 1.79 |
| Investec GSF Global Opportunity Equity | 0 | 11,667,237 | 7,904.87 | 9.31 | 11,667,237 | 7,397.44 | 8.92 |
| Ninety One GSF Global Franchise A Acc | 0 | 8,080,669 | 4,945.00 | 5.82 | 8,080,669 | 4,525.63 | 5.46 |
| Offshore Intern Total | 0 | 19,747,906 | 12,849.87 | 15.13 | 19,747,906 | 11,923.07 | 14.37 |
| Bid Corporation Ltd. | 0 | 3,458,526 | 1,489.14 | 1.75 | 3,458,526 | 1,531.26 | 1.85 |
| Clicks Group Ltd. | 0 | 3,652,302 | 1,362.67 | 1.60 | 3,652,302 | 1,449.85 | 1.75 |
| Shoprite Holdings Ltd. | 4,124,696 | 4,124,696 | 1,214.72 | 1.43 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 4,124,696 | 11,235,524 | 4,066.53 | 4.79 | 7,110,828 | 2,981.12 | 3.59 |
| Compagnie Financière Richemont SA | 61,592 | 862,070 | 2,393.02 | 2.82 | 800,478 | 2,189.25 | 2.64 |
| Personal Goods Total | 61,592 | 862,070 | 2,393.02 | 2.82 | 800,478 | 2,189.25 | 2.64 |
| Naspers Ltd. | 0 | 386,559 | 1,613.20 | 1.90 | 386,559 | 1,621.58 | 1.95 |
| Prosus NV | 0 | 3,452,080 | 2,585.78 | 3.05 | 3,452,080 | 2,610.60 | 3.15 |
| Software and Computer Services Total | 0 | 3,838,639 | 4,198.98 | 4.95 | 3,838,639 | 4,232.18 | 5.10 |
| British American Tobacco plc | 0 | 3,265,418 | 2,209.28 | 2.60 | 3,265,418 | 2,056.98 | 2.48 |
| Tobacco Total | 0 | 3,265,418 | 2,209.28 | 2.60 | 3,265,418 | 2,056.98 | 2.48 |
| Portfolio Total | -1,693,787,042 | 20,643,368,558 | 84,914.40 | 100.00 | 22,337,155,600 | 82,952.58 | 100.00 |