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Sanlam Global Bond Fund - Semi-Annual Comparison Sanlam Universal Funds Plc Sanlam Global Bond Fund Regional Portfolio Structure(Semi-Annual Comparison) Sectorial Portfolio Structure(Semi-Annual Comparison) SECTORIAL PORTFOLIO Sorted By Difference in Number of Units Holdings(1 - 2) 30 Jun 2014 31 Dec 2013   Holding (Sector) Value 000's (USD) % of Fund Value 000's (USD) % of Fund Diff Bonds 414 617 97.10 - - 97.1 Cash 12 383 2.90 - - 2.9 TOTAL 427 000 100.00 0 0.00

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