# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Medium (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Net assets in USD |  | 1 226 070 417.25 | 1 585 129 803.36 | 1 930 791 077.91 |
| Class K-1-4%-mdist | LU1717044132 |  |  |  |
| Shares outstanding |  | 1.0500 | 1.1000 | 7.5000 |
| Net asset value per share in USD |  | 4 278 223.45 | 4 599 969.38 | 5 277 174.71 |
| Issue and redemption price per share in USD 1 |  | 4 278 223.45 | 4 599 969.38 | 5 277 174.71 |
| Class K-1-acc | LU1616912835 |  |  |  |
| Shares outstanding |  | 19.9260 | 23.7000 | 21.0000 |
| Net asset value per share in USD |  | 5 396 528.99 | 5 687 251.62 | 6 267 187.70 |
| Issue and redemption price per share in USD 1 |  | 5 396 528.99 | 5 687 251.62 | 6 267 187.70 |
| Class (EUR hedged) K-1-acc | LU1622991153 |  |  |  |
| Shares outstanding |  | 6.9000 | 7.2000 | 4.5000 |
| Net asset value per share in EUR |  | 2 916 077.24 | 3 113 817.10 | 3 473 137.05 |
| Issue and redemption price per share in EUR 1 |  | 2 916 077.24 | 3 113 817.10 | 3 473 137.05 |
| Class P-4%-mdist | LU1599187181 |  |  |  |
| Shares outstanding |  | 916 168.5020 | 1 030 999.8560 | 1 228 616.5450 |
| Net asset value per share in USD |  | 85.46 | 92.07 | 106.07 |
| Issue and redemption price per share in USD 1 |  | 85.46 | 92.07 | 106.07 |
| Class (HKD) P-4%-mdist | LU1647379426 |  |  |  |
| Shares outstanding |  | 138 244.4220 | 162 518.3640 | 194 031.7120 |
| Net asset value per share in HKD |  | 843.74 | 914.02 | 1 042.26 |
| Issue and redemption price per share in HKD 1 |  | 843.74 | 914.02 | 1 042.26 |
| Class P-acc | LU1599186969 |  |  |  |
| Shares outstanding |  | 3 361 314.9410 | 4 333 907.9500 | 4 457 096.7330 |
| Net asset value per share in USD |  | 105.82 | 111.79 | 123.78 |
| Issue and redemption price per share in USD 1 |  | 105.82 | 111.79 | 123.78 |
| Class (HKD) P-acc | LU1603467017 |  |  |  |
| Shares outstanding |  | 165 153.6530 | 285 278.8970 | 337 205.7930 |
| Net asset value per share in HKD |  | 1 059.98 | 1 125.51 | 1 232.86 |
| Issue and redemption price per share in HKD 1 |  | 1 059.98 | 1 125.51 | 1 232.86 |
| Class (AUD hedged) P-acc | LU1603467363 |  |  |  |
| Shares outstanding |  | 516 893.7980 | 532 833.0090 | 512 914.2680 |
| Net asset value per share in AUD |  | 102.23 | 108.41 | 120.84 |
| Issue and redemption price per share in AUD 1 |  | 102.23 | 108.41 | 120.84 |
| Class (CAD hedged) P-acc | LU1603467108 |  |  |  |
| Shares outstanding |  | 234 936.9920 | 246 635.9750 | 276 731.5780 |
| Net asset value per share in CAD |  | 102.59 | 108.58 | 120.53 |
| Issue and redemption price per share in CAD 1 |  | 102.59 | 108.58 | 120.53 |
| Class (CHF hedged) P-acc | LU1599187264 |  |  |  |
| Shares outstanding |  | 1 524 896.6240 | 1 719 590.3640 | 1 810 374.3710 |
| Net asset value per share in CHF |  | 92.96 | 99.68 | 111.82 |
| Issue and redemption price per share in CHF 1 |  | 92.96 | 99.68 | 111.82 |
| Class (EUR hedged) P-acc | LU1599187421 |  |  |  |
| Shares outstanding |  | 1 042 057.7170 | 1 264 868.2450 | 1 446 162.4820 |
| Net asset value per share in EUR |  | 94.54 | 101.21 | 113.45 |
| Issue and redemption price per share in EUR 1 |  | 94.54 | 101.21 | 113.45 |
| Class (GBP hedged) P-acc | LU1611257418 |  |  |  |
| Shares outstanding |  | 209 744.1930 | 253 888.5610 | 316 285.3760 |
| Net asset value per share in GBP |  | 99.31 | 105.56 | 117.38 |
| Issue and redemption price per share in GBP 1 |  | 99.31 | 105.56 | 117.38 |
| Class (SGD hedged) P-acc | LU1599187777 |  |  |  |
| Shares outstanding |  | 238 062.4440 | 254 905.2000 | 297 649.8100 |
| Net asset value per share in SGD |  | 103.37 | 109.42 | 121.21 |
| Issue and redemption price per share in SGD 1 |  | 103.37 | 109.42 | 121.21 |
| Class Q-4%-mdist | LU1895574181 |  |  |  |
| Shares outstanding |  | 221 943.6940 | 268 801.6070 | 202 476.2000 |
| Net asset value per share in USD |  | 90.09 | 96.71 | 110.58 |
| Issue and redemption price per share in USD 1 |  | 90.09 | 96.71 | 110.58 |
| Class (HKD) Q-4%-mdist | LU1891428119 |  |  |  |
| Shares outstanding |  | 17 927.1680 | 18 277.1680 | 22 184.2590 |
| Net asset value per share in HKD |  | 896.32 | 967.34 | 1 094.78 |
| Issue and redemption price per share in HKD 1 |  | 896.32 | 967.34 | 1 094.78 |
| Class Q-acc | LU1599187009 |  |  |  |
| Shares outstanding |  | 1 063 127.1600 | 1 290 433.4500 | 1 116 449.4790 |
| Net asset value per share in USD |  | 110.26 | 116.05 | 127.54 |
| Issue and redemption price per share in USD 1 |  | 110.26 | 116.05 | 127.54 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
|  | ISIN | 31.5.2022 | 31.5.2021 | 31.5.2020 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Class (HKD) Q-acc | LU1891428465 |  |  |  |
| Shares outstanding |  | 67 250.7940 | 69 795.6530 | 24 500.1210 |
| Net asset value per share in HKD |  | 1 050.52 | 1 111.29 | 1 208.17 |
| Issue and redemption price per share in HKD 1 |  | 1 050.52 | 1 111.29 | 1 208.17 |
| Class (CAD hedged) Q-acc | LU1891428895 |  |  |  |
| Shares outstanding |  | 90 362.9860 | 92 072.7880 | 112 141.8740 |
| Net asset value per share in CAD |  | 103.18 | 108.78 | 119.85 |
| Issue and redemption price per share in CAD 1 |  | 103.18 | 108.78 | 119.85 |
| Class (CHF hedged) Q-acc | LU1599187348 |  |  |  |
| Shares outstanding |  | 421 567.4810 | 488 595.5320 | 557 637.8780 |
| Net asset value per share in CHF |  | 96.88 | 103.49 | 115.23 |
| Issue and redemption price per share in CHF 1 |  | 96.88 | 103.49 | 115.23 |
| Class (EUR hedged) Q-acc | LU1599187694 |  |  |  |
| Shares outstanding |  | 479 473.1390 | 553 762.0780 | 622 150.3550 |
| Net asset value per share in EUR |  | 98.52 | 105.07 | 116.90 |
| Issue and redemption price per share in EUR 1 |  | 98.52 | 105.07 | 116.90 |
| Class (GBP hedged) Q-acc | LU1616912595 |  |  |  |
| Shares outstanding |  | 69 841.0450 | 79 376.1150 | 112 575.5120 |
| Net asset value per share in GBP |  | 103.20 | 109.29 | 120.61 |
| Issue and redemption price per share in GBP 1 |  | 103.20 | 109.29 | 120.61 |
| Class (SEK hedged) Q-acc | LU1599187850 |  |  |  |
| Shares outstanding |  | 43 048.3770 | 62 205.2240 | 107 178.5600 |
| Net asset value per share in SEK |  | 690.93 | 735.55 | 815.40 |
| Issue and redemption price per share in SEK 1 |  | 690.93 | 735.55 | 815.40 |
| Class (SGD hedged) Q-acc | LU1891428036 |  |  |  |
| Shares outstanding |  | 234 275.5490 | 285 901.3560 | 268 364.8260 |
| Net asset value per share in SGD |  | 103.80 | 109.47 | 120.36 |
| Issue and redemption price per share in SGD 1 |  | 103.80 | 109.47 | 120.36 |
| 1  See note 1 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| Luxembourg | 46.19 |
| --- | --- |
| Ireland | 36.26 |
| Japan | 2.21 |
| United States | 1.96 |
| United Kingdom | 1.41 |
| Canada | 1.28 |
| France | 1.16 |
| Switzerland | 1.08 |
| Germany | 0.82 |
| Australia | 0.81 |
| The Netherlands | 0.64 |
| Sweden | 0.31 |
| Denmark | 0.28 |
| Hong Kong | 0.28 |
| Spain | 0.25 |
| Italy | 0.20 |
| Singapore | 0.16 |
| Finland | 0.13 |
| Belgium | 0.08 |
| Norway | 0.08 |
| Israel | 0.08 |
| New Zealand | 0.03 |
| Austria | 0.02 |
| Portugal | 0.02 |
| Isle of Man | 0.01 |
| Total | 95.75 |

Economic Breakdown as a % of net assets	
| Investment funds | 75.23 |
| --- | --- |
| Finance & holding companies | 7.99 |
| Countries & central governments | 1.96 |
| Banks & credit institutions | 1.33 |
| Pharmaceuticals, cosmetics & medical products | 1.12 |
| Electronics & semiconductors | 0.68 |
| Petroleum | 0.68 |
| Insurance | 0.52 |
| Energy & water supply | 0.45 |
| Food & soft drinks | 0.45 |
| Internet, software & IT services | 0.43 |
| Vehicles | 0.43 |
| Telecommunications | 0.38 |
| Chemicals | 0.37 |
| Traffic & transportation | 0.34 |
| Mechanical engineering & industrial equipment | 0.29 |
| Tobacco & alcohol | 0.29 |
| Real Estate | 0.28 |
| Textiles, garments & leather goods | 0.23 |
| Building industry & materials | 0.23 |
| Retail trade, department stores | 0.23 |
| Mining, coal & steel | 0.21 |
| Electrical devices & components | 0.19 |
| Miscellaneous trading companies | 0.16 |
| Graphic design, publishing & media | 0.14 |
| Miscellaneous services | 0.14 |
| Non-ferrous metals | 0.13 |
| Aerospace industry | 0.12 |
| Biotechnology | 0.11 |
| Precious metals & stones | 0.09 |
| Lodging, catering & leisure | 0.08 |
| Various capital goods | 0.07 |
| Miscellaneous consumer goods | 0.07 |
| Watches & jewellery | 0.06 |
| Forestry, paper & pulp products | 0.06 |
| Agriculture & fishery | 0.04 |
| Computer hardware & network equipment providers | 0.04 |
| Miscellaneous unclassified companies | 0.04 |
| Rubber & tyres | 0.03 |
| Healthcare & social services | 0.02 |
| Photographic & optics | 0.02 |
| Environmental services & recycling | 0.01 |
| Packaging industry | 0.01 |
| Total | 95.75 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022

## Statement of Net Assets
Assets	30.11.2022
USD
Investments in securities, cost	1 123 435 841.27
| Investments in securities, unrealized appreciation (depreciation) | 	50 467 204.40	 |
| --- | --- |
| Total investments in securities (Note 1) | 1 173 903 045.67 |
| Cash at banks, deposits on demand and deposit accounts | 60 572 788.32 |
| Other liquid assets (Margins) | 4 545 794.05 |
| Receivable on securities sales (Note 1) | 338 671.32 |
| Receivable on subscriptions | 180 903.80 |
| Receivable on dividends | 395 699.78 |
| Other receivables | 471 772.17 |
| Unrealized gain on financial futures (Note 1) | 194 034.99 |
| Unrealized gain on Swaps (Note 1) | 2 046 280.17 |
| Total Assets | 1 242 648 990.27 |
|  |  |
| Liabilities |  |
| Unrealized loss on forward foreign exchange contracts (Note 1) | -12 464 624.56 |
| Bank overdraft | -612.34 |
| Payable on securities purchases (Note 1) | -341 439.95 |
| Payable on redemptions | -1 837 140.15 |
| Provisions for flat fee (Note 2) | -1 304 077.76 |
| Provisions for taxe d’abonnement (Note 3) | -54 705.47 |
| Provisions for other commissions and fees (Note 2) | 	-575 972.79	 |
| Total provisions | -1 934 756.02 |
| Total Liabilities | -16 578 573.02 |
|  |  |
| Net assets at the end of the period | 1 226 070 417.25 |
| Statement of Operations | USD |
| Income | 1.6.2022-30.11.2022 |
| Interest on liquid assets | 261 435.05 |
| Dividends | 1 967 825.72 |
| Net income on securities lending (Note 10) | 34 407.81 |
| Other income (Note 4) | 228 470.95 |
| Total income | 2 492 139.53 |
|  |  |
| Expenses |  |
| Interest paid on swaps (Note 1) | -29 076.99 |
| Flat fee (Note 2) | -8 893 433.42 |
| Taxe d’abonnement (Note 3) | -164 457.61 |
| Other commissions and fees (Note 2) | -196 897.36 |
| Interest on cash and bank overdraft | -63 123.28 |
| Total expenses | -9 346 988.66 |
|  |  |
| Net income (loss) on investments | -6 854 849.13 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 2 803 782.08 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 268 966.58 |
| Realized gain (loss) on financial futures | -46 692 811.83 |
| Realized gain (loss) on forward foreign exchange contracts | 1 479 392.36 |
| Realized gain (loss) on swaps | -5 870 792.98 |
| Realized gain (loss) on foreign exchange | 16 049 051.68 |
| Total realized gain (loss) | -31 962 412.11 |
|  |  |
| Net realized gain (loss) of the period | -38 817 261.24 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | -59 227 266.72 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | -17 492.45 |
| Unrealized appreciation (depreciation) on financial futures | 17 601 385.60 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -23 326 826.86 |
| Unrealized appreciation (depreciation) on swaps | 1 420 760.18 |
| Total changes in unrealized appreciation (depreciation) | -63 549 440.25 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | -102 366 701.49 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2022-30.11.2022 |
| Net assets at the beginning of the period | 1 585 129 803.36 |
| Subscriptions | 12 593 815.87 |
| Redemptions | 	-266 660 434.75	 |
| Total net subscriptions (redemptions) | -254 066 618.88 |
| Dividend paid | -2 626 065.74 |
| Net income (loss) on investments | -6 854 849.13 |
| Total realized gain (loss) | -31 962 412.11 |
| Total changes in unrealized appreciation (depreciation) | 	-63 549 440.25	 |
| Net increase (decrease) in net assets as a result of operations | -102 366 701.49 |
| Net assets at the end of the period | 1 226 070 417.25 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2022-30.11.2022 |
| Class | K-1-4%-mdist |
| Number of shares outstanding at the beginning of the period | 1.1000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.0500 |
| Number of shares outstanding at the end of the period | 1.0500 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the period | 23.7000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -3.7740 |
| Number of shares outstanding at the end of the period | 19.9260 |
| Class | (EUR hedged) K-1-acc |
| Number of shares outstanding at the beginning of the period | 7.2000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.3000 |
| Number of shares outstanding at the end of the period | 6.9000 |
| Class | P-4%-mdist |
| Number of shares outstanding at the beginning of the period | 1 030 999.8560 |
| Number of shares issued | 10 224.3660 |
| Number of shares redeemed | -125 055.7200 |
| Number of shares outstanding at the end of the period | 916 168.5020 |
| Class | (HKD) P-4%-mdist |
| Number of shares outstanding at the beginning of the period | 162 518.3640 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -24 273.9420 |
| Number of shares outstanding at the end of the period | 138 244.4220 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 4 333 907.9500 |
| Number of shares issued | 20 873.6820 |
| Number of shares redeemed | -993 466.6910 |
| Number of shares outstanding at the end of the period | 3 361 314.9410 |
| Class | (HKD) P-acc |
| Number of shares outstanding at the beginning of the period | 285 278.8970 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -120 125.2440 |
| Number of shares outstanding at the end of the period | 165 153.6530 |
| Class | (AUD hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 532 833.0090 |
| Number of shares issued | 6 595.0630 |
| Number of shares redeemed | -22 534.2740 |
| Number of shares outstanding at the end of the period | 516 893.7980 |
| Class | (CAD hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 246 635.9750 |
| Number of shares issued | 855.7570 |
| Number of shares redeemed | -12 554.7400 |
| Number of shares outstanding at the end of the period | 234 936.9920 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 1 719 590.3640 |
| Number of shares issued | 11 595.7910 |
| Number of shares redeemed | -206 289.5310 |
| Number of shares outstanding at the end of the period | 1 524 896.6240 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 1 264 868.2450 |
| Number of shares issued | 7 372.3640 |
| Number of shares redeemed | -230 182.8920 |
| Number of shares outstanding at the end of the period | 1 042 057.7170 |
| Class | (GBP hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 253 888.5610 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -44 144.3680 |
| Number of shares outstanding at the end of the period | 209 744.1930 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
| Class | (SGD hedged) P-acc |
| --- | --- |
| Number of shares outstanding at the beginning of the period | 254 905.2000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -16 842.7560 |
| Number of shares outstanding at the end of the period | 238 062.4440 |
| Class | Q-4%-mdist |
| Number of shares outstanding at the beginning of the period | 268 801.6070 |
| Number of shares issued | 1 897.9880 |
| Number of shares redeemed | -48 755.9010 |
| Number of shares outstanding at the end of the period | 221 943.6940 |
| Class | (HKD) Q-4%-mdist |
| Number of shares outstanding at the beginning of the period | 18 277.1680 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -350.0000 |
| Number of shares outstanding at the end of the period | 17 927.1680 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the period | 1 290 433.4500 |
| Number of shares issued | 47 469.4430 |
| Number of shares redeemed | -274 775.7330 |
| Number of shares outstanding at the end of the period | 1 063 127.1600 |
| Class | (HKD) Q-acc |
| Number of shares outstanding at the beginning of the period | 69 795.6530 |
| Number of shares issued | 1 370.8660 |
| Number of shares redeemed | -3 915.7250 |
| Number of shares outstanding at the end of the period | 67 250.7940 |
| Class | (CAD hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 92 072.7880 |
| Number of shares issued | 1 171.0740 |
| Number of shares redeemed | -2 880.8760 |
| Number of shares outstanding at the end of the period | 90 362.9860 |
| Class | (CHF hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 488 595.5320 |
| Number of shares issued | 3 805.2540 |
| Number of shares redeemed | -70 833.3050 |
| Number of shares outstanding at the end of the period | 421 567.4810 |
| Class | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 553 762.0780 |
| Number of shares issued | 2 931.2110 |
| Number of shares redeemed | -77 220.1500 |
| Number of shares outstanding at the end of the period | 479 473.1390 |
| Class | (GBP hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 79 376.1150 |
| Number of shares issued | 4 055.9960 |
| Number of shares redeemed | -13 591.0660 |
| Number of shares outstanding at the end of the period | 69 841.0450 |
| Class | (SEK hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 62 205.2240 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -19 156.8470 |
| Number of shares outstanding at the end of the period | 43 048.3770 |
| Class | (SGD hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 285 901.3560 |
| Number of shares issued | 905.2170 |
| Number of shares redeemed | -52 531.0240 |
| Number of shares outstanding at the end of the period | 234 275.5490 |

| Monthly Distribution 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| K-1-4%-mdist | 10.6.2022 | 15.6.2022 | USD | 15 333.23 |
| K-1-4%-mdist | 11.7.2022 | 14.7.2022 | USD | 14 853.39 |
| K-1-4%-mdist | 10.8.2022 | 15.8.2022 | USD | 15 061.35 |
| K-1-4%-mdist | 13.9.2022 | 16.9.2022 | USD | 14 594.74 |
| K-1-4%-mdist | 11.10.2022 | 14.10.2022 | USD | 14 008.42 |
| K-1-4%-mdist | 10.11.2022 | 15.11.2022 | USD | 13 993.91 |
| P-4%-mdist | 10.6.2022 | 15.6.2022 | USD | 0.30 |
| P-4%-mdist | 11.7.2022 | 14.7.2022 | USD | 0.29 |
| P-4%-mdist | 10.8.2022 | 15.8.2022 | USD | 0.30 |
| P-4%-mdist | 13.9.2022 | 16.9.2022 | USD | 0.29 |
| P-4%-mdist | 11.10.2022 | 14.10.2022 | USD | 0.27 |
| P-4%-mdist | 10.11.2022 | 15.11.2022 | USD | 0.27 |
| (HKD) P-4%-mdist | 10.6.2022 | 15.6.2022 | HKD | 3.04 |
| (HKD) P-4%-mdist | 11.7.2022 | 14.7.2022 | HKD | 2.95 |
| (HKD) P-4%-mdist | 10.8.2022 | 15.8.2022 | HKD | 2.99 |
| (HKD) P-4%-mdist | 13.9.2022 | 16.9.2022 | HKD | 2.89 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| --- | --- | --- | --- | --- |
| (HKD) P-4%-mdist | 11.10.2022 | 14.10.2022 | HKD | 2.78 |
| (HKD) P-4%-mdist | 10.11.2022 | 15.11.2022 | HKD | 2.77 |
| Q-4%-mdist | 10.6.2022 | 15.6.2022 | USD | 0.32 |
| Q-4%-mdist | 11.7.2022 | 14.7.2022 | USD | 0.31 |
| Q-4%-mdist | 10.8.2022 | 15.8.2022 | USD | 0.31 |
| Q-4%-mdist | 13.9.2022 | 16.9.2022 | USD | 0.30 |
| Q-4%-mdist | 11.10.2022 | 14.10.2022 | USD | 0.29 |
| Q-4%-mdist | 10.11.2022 | 15.11.2022 | USD | 0.29 |
| (HKD) Q-4%-mdist | 10.6.2022 | 15.6.2022 | HKD | 3.22 |
| (HKD) Q-4%-mdist | 11.7.2022 | 14.7.2022 | HKD | 3.12 |
| (HKD) Q-4%-mdist | 10.8.2022 | 15.8.2022 | HKD | 3.17 |
| (HKD) Q-4%-mdist | 13.9.2022 | 16.9.2022 | HKD | 3.07 |
| (HKD) Q-4%-mdist | 11.10.2022 | 14.10.2022 | HKD | 2.95 |
| (HKD) Q-4%-mdist | 10.11.2022 | 15.11.2022 | HKD | 2.94 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022

## Statement of Investments in Securities and other Net Assets as of 30 November 2022
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Equities |  |  |  |
| Australia |  |  |  |
| AUD	AMPOL LTD NPV | 2 094.00 | 40 093.24 | 0.00 |
| AUD	APA GROUP NPV | 9 814.00 | 73 545.56 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 5 098.00 | 119 596.99 | 0.01 |
| AUD	ASX LTD NPV | 1 426.00 | 67 298.30 | 0.01 |
| AUD	AURIZON HOLDINGS NPV | 17 786.00 | 45 381.99 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 25 727.00 | 426 254.66 | 0.03 |
| AUD	BHP GROUP LTD NPV | 25 369.00 | 773 367.47 | 0.06 |
| GBP	BHP GROUP LTD NPV | 18 380.00 | 566 371.20 | 0.05 |
| AUD	BLUESCOPE STEEL NPV | 4 312.00 | 50 622.19 | 0.00 |
| AUD	BRAMBLES LTD NPV | 11 660.00 | 94 563.38 | 0.01 |
| AUD	CMNWLTH BK OF AUST NPV | 14 774.00 | 1 067 182.78 | 0.09 |
| AUD	COCHLEAR LTD NPV | 499.00 | 71 527.95 | 0.01 |
| AUD	COLES GROUP LTD NPV | 12 118.00 | 137 556.45 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 4 480.00 | 83 527.13 | 0.01 |
| AUD	CSL NPV | 4 149.00 | 833 881.23 | 0.07 |
| AUD	DEXUS NPV (STAPLED) | 8 203.00 | 43 948.39 | 0.00 |
| AUD	ENDEAVOUR GROUP LI NPV | 11 532.00 | 53 829.17 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 14 492.00 | 188 088.57 | 0.02 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 13 975.00 | 178 945.18 | 0.01 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 20 347.00 | 61 046.21 | 0.00 |
| AUD	IDP EDUCATION LTD NPV | 1 303.00 | 25 995.32 | 0.00 |
| AUD	IGO LTD NPV | 5 640.00 | 58 167.46 | 0.00 |
| AUD	INSURANCE AUST GRP NPV | 21 953.00 | 70 275.20 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 6 340.00 | 32 311.28 | 0.00 |
| AUD	MACQUARIE GP LTD NPV | 3 117.00 | 373 049.07 | 0.03 |
| AUD	MEDIBANK PRIVATE L NPV | 31 415.00 | 61 643.17 | 0.00 |
| AUD	MINERAL RESS LTD NPV | 1 494.00 | 87 466.49 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 48 348.00 | 72 204.40 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 27 732.00 | 585 764.68 | 0.05 |
| AUD	NEWCREST MINING NPV | 8 251.00 | 109 464.01 | 0.01 |
| AUD	NTHN STAR RES LTD NPV | 11 132.00 | 79 024.06 | 0.01 |
| AUD	ORICA LIMITED NPV | 3 422.00 | 33 986.11 | 0.00 |
| AUD	ORIGIN ENERGY NPV | 14 337.00 | 75 467.70 | 0.01 |
| AUD	PILBARA MINERALS L NPV | 21 076.00 | 65 774.02 | 0.01 |
| AUD	QANTAS AIRWAYS NPV | 7 762.00 | 32 436.84 | 0.00 |
| AUD	QBE INS GROUP NPV | 13 167.00 | 113 486.89 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 1 684.00 | 74 218.86 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 341.00 | 28 160.02 | 0.00 |
| AUD	REECE AUSTRALIA NPV | 1 849.00 | 18 995.14 | 0.00 |
| AUD	RIO TINTO LIMITED NPV | 3 084.00 | 226 404.19 | 0.02 |
| AUD	SANTOS LIMITED NPV | 27 763.51 | 137 589.84 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 54 773.00 | 108 943.99 | 0.01 |
| AUD	SEEK LIMITED NPV | 2 321.00 | 34 320.57 | 0.00 |
| AUD	SONIC HEALTHCARE NPV | 3 700.00 | 79 986.29 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 1 363.00 | 25 841.40 | 0.00 |
| AUD	SOUTH32 LTD NPV | 50 152.00 | 135 018.91 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 25 569.00 | 65 069.53 | 0.00 |
| AUD	SUNCORP GROUP LTD NPV | 10 723.00 | 85 599.82 | 0.01 |
| AUD	TELSTRA GROUP LTD NPV | 48 788.00 | 130 039.83 | 0.01 |
| AUD	THE LOTTERY CORPOR NPV | 24 422.00 | 75 398.46 | 0.01 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 26 211.00 | 250 839.61 | 0.02 |
| AUD	TREASURY WINE ESTA NPV | 6 905.00 | 63 815.04 | 0.00 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 38 552.00 | 52 411.10 | 0.00 |
| AUD	WESFARMERS LTD NPV | 9 631.00 | 313 270.71 | 0.03 |
| AUD	WESTPAC BKG CORP NPV | 30 287.00 | 482 131.76 | 0.04 |
| AUD	WISETECH GLOBAL LT NPV | 1 421.00 | 54 234.17 | 0.00 |
| AUD	WOODSIDE ENERGY GROUP LTD | 13 038.00 | 325 599.45 | 0.03 |
| GBP	WOODSIDE ENERGY GROUP LTD | 3 321.00 | 82 659.06 | 0.01 |
| AUD	WOOLWORTHS GRP LTD NPV | 10 198.00 | 235 416.33 | 0.02 |
| Total Australia |  | 9 939 108.82 | 0.81 |
| Austria |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 3 379.00 | 102 983.95 | 0.01 |
| EUR	OMV AG NPV(VAR) | 1 196.00 | 61 770.10 | 0.01 |
| EUR	VERBUND AG CLASS’A’NPV | 565.00 | 50 059.78 | 0.00 |
| EUR	VOESTALPINE AG NPV | 919.00 | 24 564.61 | 0.00 |
| Total Austria |  | 239 378.44 | 0.02 |
| Belgium |  |  |  |
| EUR	AGEAS NPV | 1 258.00 | 49 830.18 | 0.00 |
| EUR	ANHEUSER-BUSCH IN NPV | 7 590.00 | 438 033.19 | 0.04 |
| EUR	ELIA SYS OPERATOR NPV | 280.00 | 39 209.07 | 0.00 |
| EUR	GPE BRUXELLES LAM NPV | 722.00 | 56 959.87 | 0.00 |
| EUR	KBC GROUP NV NPV | 2 207.00 | 119 848.36 | 0.01 |
| EUR	SA D’IETEREN NV NPV | 224.00 | 41 676.94 | 0.00 |
| EUR	SOFINA NPV | 152.00 | 32 177.80 | 0.00 |
| EUR	SOLVAY SA NPV | 598.00 | 57 804.80 | 0.01 |
| EUR	UCB NPV | 1 128.00 | 89 175.76 | 0.01 |
| EUR	UMICORE NPV | 1 985.00 | 69 899.85 | 0.01 |
| EUR	WAREHOUSES DE PAUW NPV (POST SPLIT) | 1 074.00 | 27 977.86 | 0.00 |
| Total Belgium |  | 1 022 593.68 | 0.08 |
| Canada |  |  |  |
| CAD	1ST QUANTUM MINLS COM NPV | 4 963.00 | 117 073.64 | 0.01 |
| CAD	AGNICO EAGLE MINES LTD COM | 3 781.00 | 188 952.39 | 0.02 |
| CAD	AIR CANADA VAR VTG SHS NPV | 1 063.00 | 15 125.23 | 0.00 |
| CAD	ALGONQUIN PWR&UTIL COM NPV | 6 100.00 | 45 715.13 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| CAD | ALIMENTATION COUCH COM NPV | 7 101.00 | 320 977.56 | 0.03 |
| CAD | ALTAGAS LTD COM NPV | 2 659.00 | 44 267.63 | 0.00 |
| CAD | ARC RESOURCES COM NPV | 6 450.00 | 95 058.64 | 0.01 |
| CAD | BANK NOVA SCOTIA HALIFAX COM | 10 332.00 | 534 852.67 | 0.04 |
| CAD | BANK OF MONTREAL COM NPV | 5 812.00 | 563 237.12 | 0.05 |
| CAD | BARRICK GOLD CORP COM NPV | 15 145.00 | 245 211.15 | 0.02 |
| CAD | BCE INC COM NEW | 416.00 | 19 656.97 | 0.00 |
| CAD | BLACKBERRY LTD NPV | 2 029.00 | 9 758.12 | 0.00 |
| CAD | BROOKFIELD ASSET M LTD VTG SHS NPV CL’A’ | 12 211.00 | 571 233.77 | 0.05 |
| CAD | BRP INC SUB VTG NPV | 222.00 | 16 483.38 | 0.00 |
| CAD | CAE INC COM NPV | 2 950.00 | 63 299.77 | 0.01 |
| CAD | CAMECO CORP COM | 3 651.00 | 88 252.02 | 0.01 |
| CAD | CAN PACIFIC RYS COM NPV | 8 054.00 | 654 264.97 | 0.05 |
| CAD | CANADIAN NAT RES LTD COM | 9 956.00 | 589 781.19 | 0.05 |
| CAD | CANADIAN NATL RY CO COM | 5 084.00 | 647 603.42 | 0.05 |
| CAD | CANADIAN TIRE LTD CL A | 500.00 | 56 185.00 | 0.01 |
| CAD | CANADIAN UTILS LTD CL A | 960.00 | 26 051.78 | 0.00 |
| CAD | CCL INDUSTRIES INC ‘B’NON-VTG COM NPV | 1 292.00 | 60 935.66 | 0.01 |
| CAD | CDN IMPERIAL BK OF COMMERCE COM | 7 776.00 | 371 621.33 | 0.03 |
| CAD | CENOVUS ENERGY INC COM NPV | 11 936.00 | 235 515.23 | 0.02 |
| CAD | CGI INC COM NPV SUB VOTING SHARES C | 1 854.00 | 160 606.15 | 0.01 |
| CAD | CONSTELLATION SOFT COM STK NPV | 183.00 | 292 719.01 | 0.02 |
| CAD | DOLLARAMA INC COM NPV | 2 388.00 | 145 020.31 | 0.01 |
| CAD | ELEMENT FLEET MGMT COM NPV | 1 006.00 | 14 143.51 | 0.00 |
| CAD | EMERA INC COM | 2 384.00 | 92 092.70 | 0.01 |
| CAD | EMPIRE LTD CL A | 1 622.00 | 43 825.23 | 0.00 |
| CAD | ENBRIDGE INC COM NPV | 17 493.00 | 716 778.16 | 0.06 |
| CAD | FAIRFAX FINL HLDGS SUB-VTG COM NPV | 214.00 | 121 827.04 | 0.01 |
| CAD | FIRSTSERVICE CORP COM NPV | 400.00 | 51 418.46 | 0.00 |
| CAD | FORTIS INC COM NPV | 3 931.00 | 156 984.83 | 0.01 |
| CAD | FRANCO NEVADA CORP COM NPV | 1 615.00 | 234 071.96 | 0.02 |
| CAD | GFL ENVIRON INC COM NPV SUB VTG SHS | 1 400.00 | 40 274.40 | 0.00 |
| CAD | GILDAN ACTIVEWEAR INC COM | 1 517.00 | 43 584.24 | 0.00 |
| CAD | GREAT WEST LIFECO INC COM | 2 213.00 | 52 366.33 | 0.01 |
| CAD | HYDRO ONE INC COM NPV | 2 580.00 | 71 593.72 | 0.01 |
| CAD | IA FINANCIAL CORP COM NPV | 876.00 | 49 037.13 | 0.00 |
| CAD | IGM FINANCIAL INC COM | 694.00 | 19 979.95 | 0.00 |
| CAD | IMPERIAL OIL LTD COM NEW | 1 976.00 | 111 546.27 | 0.01 |
| CAD | INTACT FINL CORP COM NPV | 1 521.00 | 225 799.56 | 0.02 |
| CAD | IVANHOE MINES LTD COM NPV CL’A’ | 4 400.00 | 39 076.49 | 0.00 |
| CAD | KEYERA CORPORATION COM NPV | 2 193.00 | 50 696.04 | 0.00 |
| CAD | KINROSS GOLD CORP COM NPV | 13 918.00 | 57 080.53 | 0.01 |
| CAD | LIGHTSPEED COMMERC COM NPV SUB VTG SHS | 1 400.00 | 22 791.18 | 0.00 |
| CAD | LOBLAW COS LTD COM | 1 431.00 | 128 142.95 | 0.01 |
| CAD | LUNDIN MINING CORP COM | 6 846.00 | 41 812.26 | 0.00 |
| CAD | MAGNA INTL INC COM NPV | 2 436.00 | 148 833.72 | 0.01 |
| CAD | MANULIFE FINL CORP COM | 16 701.00 | 298 491.72 | 0.03 |
| CAD | METRO INC CL A SUB | 1 986.00 | 113 326.67 | 0.01 |
| CAD | NATL BK OF CANADA COM NPV | 2 912.00 | 206 054.55 | 0.02 |
| CAD | NORTHLAND POWER IN COM NPV | 2 137.48 | 60 070.66 | 0.01 |
| CAD | NUTRIEN LTD NPV | 4 772.00 | 380 542.10 | 0.03 |
| CAD | NUVEI CORPORATION SUB VOTING SHARES (CAD) | 700.00 | 21 407.39 | 0.00 |
| CAD | ONEX CORP SUB VTG | 828.00 | 43 296.39 | 0.00 |
| CAD | OPEN TEXT CO COM NPV | 2 000.00 | 58 272.48 | 0.01 |
| CAD | PAN AMER SILVER COM NPV | 2 026.00 | 33 011.98 | 0.00 |
| CAD | PARKLAND CORP. COM NPV | 1 300.00 | 27 482.48 | 0.00 |
| CAD | PEMBINA PIPELINE C COM NPV | 4 657.00 | 168 699.03 | 0.01 |
| CAD | POWER CORP CDA COM | 4 660.00 | 116 319.54 | 0.01 |
| CAD | QUEBECOR INC CL B | 1 441.00 | 30 814.04 | 0.00 |
| CAD | RESTAURANT BRANDS COM NPV | 2 513.00 | 165 587.00 | 0.01 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 1 023.00 | 55 651.14 | 0.01 |
| CAD | ROGERS COMMS INC CLASS’B’COM CAD1.62478 | 3 020.00 | 137 845.84 | 0.01 |
| CAD | ROYAL BK OF CANADA COM NPV | 12 305.00 | 1 214 253.08 | 0.10 |
| CAD | SAPUTO INC COM | 2 424.00 | 59 719.41 | 0.01 |
| CAD | SHAW COMMUNICATIONS INC CL B CONV | 4 006.00 | 108 475.52 | 0.01 |
| CAD | SHOPIFY INC COM NPV CL A | 10 106.00 | 411 932.99 | 0.03 |
| CAD | SUN LIFE FINL INC COM | 4 975.00 | 233 906.10 | 0.02 |
| CAD | SUNCOR ENERGY INC COM NPV ‘NEW’ | 12 452.00 | 406 249.14 | 0.03 |
| CAD | TC ENERGY CORPORAT COM NPV | 8 446.00 | 371 307.52 | 0.03 |
| CAD | TECK RESOURCES LTD CLASS’B’SUB-VTG COM NPV | 4 091.00 | 150 459.00 | 0.01 |
| CAD | TELUS CORPORATION NPV | 3 881.00 | 81 988.52 | 0.01 |
| CAD | TFI INTERNATIONAL COM NPV | 701.00 | 75 493.10 | 0.01 |
| CAD | THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 1 446.00 | 168 939.99 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 588.00 | 61 172.47 | 0.01 |
| CAD | TOROMONT INDS LTD COM | 700.00 | 52 862.73 | 0.00 |
| CAD | TORONTO-DOMINION COM NPV | 15 769.00 | 1 041 379.78 | 0.09 |
| CAD | TOURMALINE OIL CP COM NPV | 2 719.00 | 164 198.96 | 0.01 |
| CAD | WEST FRASER TIMBER COM NPV | 551.00 | 42 764.79 | 0.00 |
| CAD | WESTON GEORGE LTD COM | 615.00 | 76 415.69 | 0.01 |
| CAD | WHEATON PRECIOUS M COM NPV | 3 571.00 | 138 288.34 | 0.01 |
| CAD | WSP GLOBAL INC COM NPV | 1 125.00 | 133 893.01 | 0.01 |
| Total Canada | 15 623 789.05 | 1.27 |
| China |  |  |  |  |
| USD | FUTU HOLDINGS LIMI SPON ADS EA REP 8 ORD SHS | 500.00 | 30 745.00 | 0.00 |
| Total China | 30 745.00 | 0.00 |
| Denmark |  |  |  |  |
| DKK | A.P. MOELLER-MAERSK SER’B’DKK1000 | 41.00 | 87 122.94 | 0.01 |
| DKK | A.P. MOLLER-MAERSK ‘A’DKK1000 | 26.00 | 54 096.93 | 0.00 |
| DKK | CARLSBERG SER’B’DKK20 | 891.00 | 110 195.52 | 0.01 |
| DKK | CHR. HANSEN HLDG DKK10 | 853.00 | 51 555.27 | 0.00 |
| DKK | COLOPLAST DKK1 B | 1 087.00 | 125 437.55 | 0.01 |
| DKK | DANSKE BANK A/S DKK10 | 5 911.00 | 104 330.54 | 0.01 |
| DKK | DEMANT A/S DKK0.20 | 867.00 | 24 004.32 | 0.00 |
| DKK | DSV PANALPINA A/S DKK1 | 1 590.00 | 246 301.76 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| DKK | GENMAB AS DKK1 | 559.00 | 252 968.84 | 0.02 |
| DKK | GN STORE NORD DKK4 | 1 236.00 | 28 899.37 | 0.00 |
| DKK | NOVO-NORDISK AS DKK0.2 SER’B’ | 14 449.00 | 1 768 195.80 | 0.14 |
| DKK | NOVOZYMES A/S SER’B’DKK2 (POST CONS) | 1 879.00 | 106 751.61 | 0.01 |
| DKK | ORSTED A/S DKK10 | 1 620.00 | 139 154.45 | 0.01 |
| DKK | PANDORA A/S DKK1 | 780.00 | 56 969.14 | 0.01 |
| DKK | ROCKWOOL INTL SER’B’DKK10 | 92.00 | 19 734.21 | 0.00 |
| DKK | TRYG A/S DKK5 | 2 815.00 | 64 493.61 | 0.01 |
| DKK | VESTAS WIND SYSTEM DKK0.20 (POST SPLIT) | 9 110.00 | 226 321.77 | 0.02 |
| Total Denmark	3 466 533.63	0.28 |
| Finland |  |  |  |  |
| EUR | ELISA OYJ NPV | 1 102.00 | 56 461.39 | 0.00 |
| EUR | FORTUM OYJ EUR3.40 | 3 786.00 | 59 311.95 | 0.01 |
| EUR | KESKO OYJ EUR2 SER’B’ | 2 460.00 | 51 899.92 | 0.00 |
| EUR | KONE CORPORATION NPV ORD ‘B’ | 3 080.00 | 150 669.51 | 0.01 |
| EUR | NESTE OIL OYJ NPV | 3 648.00 | 185 329.09 | 0.02 |
| EUR | NOKIA OYJ NPV | 46 631.00 | 223 407.32 | 0.02 |
| SEK | NORDEA HOLDING ABP NPV | 29 783.00 | 305 823.30 | 0.03 |
| EUR | ORION CORP SER’B’NPV | 1 072.00 | 56 006.04 | 0.00 |
| EUR | SAMPO PLC SER’A’NPV | 4 106.00 | 205 214.64 | 0.02 |
| EUR | STORA ENSO OYJ NPV SER’R’ | 5 367.00 | 77 227.69 | 0.01 |
| EUR | UPM-KYMMENE CORP NPV | 4 589.00 | 165 235.48 | 0.01 |
| EUR | WARTSILA OYJ ABP SER’B’EUR3.50 | 3 371.00 | 28 593.69 | 0.00 |
| Total Finland	1 565 180.02	0.13 |
| France |  |  |  |  |
| EUR | ACCOR EUR3 | 1 724.00 | 44 768.44 | 0.00 |
| EUR | ADP EUR3 | 257.00 | 38 832.99 | 0.00 |
| EUR | AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 4 534.00 | 645 270.82 | 0.05 |
| EUR | AIRBUS EUR1 | 5 167.00 | 580 966.01 | 0.05 |
| EUR | ALSTOM EUR7.00 | 2 714.00 | 69 470.53 | 0.01 |
| EUR | AMUNDI EUR2.5 (AIW) | 583.00 | 32 115.30 | 0.00 |
| EUR | ARKEMA EUR10 | 590.00 | 51 102.35 | 0.00 |
| EUR | AXA EUR2.29 | 16 422.00 | 456 878.81 | 0.04 |
| EUR | BIOMERIEUX NPV (POST SPLIT) | 419.00 | 41 442.53 | 0.00 |
| EUR | BNP PARIBAS EUR2 | 9 665.00 | 531 712.24 | 0.04 |
| EUR | BOLLORE EUR0.16 | 6 181.00 | 34 112.47 | 0.00 |
| EUR | BOUYGUES EUR1 | 1 714.00 | 52 168.08 | 0.00 |
| EUR | BUREAU VERITAS EUR0.12 | 2 308.00 | 59 458.33 | 0.01 |
| EUR | CAPGEMINI EUR8 | 1 404.00 | 247 202.49 | 0.02 |
| EUR | CARREFOUR EUR2.50 | 5 279.00 | 89 278.46 | 0.01 |
| EUR | CIE DE ST-GOBAIN EUR4 | 4 290.00 | 193 230.35 | 0.02 |
| EUR | COVIVIO EUR3 | 466.00 | 26 533.87 | 0.00 |
| EUR | CREDIT AGRICOLE SA EUR3 | 11 006.00 | 108 903.67 | 0.01 |
| EUR | DANONE EUR0.25 | 5 531.00 | 285 205.31 | 0.02 |
| EUR | DASSAULT AVIATION EUR0.80 (POST SUBDIVISION) | 206.00 | 32 070.71 | 0.00 |
| EUR | DASSAULT SYSTEMES EUR0.10 | 5 754.00 | 207 864.81 | 0.02 |
| EUR | EDENRED EUR2 | 2 145.00 | 115 907.29 | 0.01 |
| EUR | EDF EUR0.5 | 5 014.00 | 61 951.98 | 0.01 |
| EUR | EIFFAGE EUR4 | 707.00 | 68 384.80 | 0.01 |
| EUR | ENGIE EUR1 | 15 939.00 | 238 296.31 | 0.02 |
| EUR | ESSILORLUXOTTICA EUR0.18 | 2 494.00 | 455 297.02 | 0.04 |
| EUR | EURAZEO NPV | 371.00 | 22 862.71 | 0.00 |
| EUR | GECINA EUR7.50 | 295.00 | 28 324.38 | 0.00 |
| EUR | GETLINK SE EUR0.40 | 4 055.00 | 66 114.78 | 0.01 |
| EUR | HERMES INTL NPV | 275.00 | 436 764.66 | 0.04 |
| EUR | IPSEN EUR1 | 307.00 | 33 886.19 | 0.00 |
| EUR | KERING EUR4 | 652.00 | 380 913.66 | 0.03 |
| EUR | KLEPIERRE EUR1.40 | 1 628.00 | 36 844.42 | 0.00 |
| EUR | L’OREAL EUR0.20 | 2 091.00 | 763 883.74 | 0.06 |
| EUR | LA FRANCAISE DES EUR0.40 (PROMESSES) | 748.00 | 29 436.21 | 0.00 |
| EUR | LEGRAND SA EUR4 | 2 257.00 | 180 057.33 | 0.01 |
| EUR | LVMH MOET HENNESSY EUR0.30 | 2 413.00 | 1 831 855.36 | 0.15 |
| EUR | MICHELIN (CGDE) EUR0.50 (POST SUBDIVISION) | 5 847.00 | 160 894.22 | 0.01 |
| EUR | ORANGE EUR4 | 16 942.00 | 170 396.22 | 0.01 |
| EUR | PERNOD RICARD EUR1.55 | 1 800.00 | 350 194.26 | 0.03 |
| EUR | PUBLICIS GROUPE SA EUR0.40 | 1 978.00 | 127 086.82 | 0.01 |
| EUR | REMY COINTREAU EUR1.60 | 147.46 | 25 022.62 | 0.00 |
| EUR | RENAULT SA EUR3.81 | 1 742.00 | 62 436.97 | 0.01 |
| EUR | SAFRAN EUR0.20 | 2 987.00 | 361 132.79 | 0.03 |
| EUR | SANOFI EUR2 | 9 852.00 | 877 262.79 | 0.07 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 236.00 | 78 561.06 | 0.01 |
| EUR | SCHNEIDER ELECTRIC EUR8 | 4 692.00 | 671 138.88 | 0.06 |
| EUR | SEB SA EUR1 | 233.00 | 18 041.12 | 0.00 |
| EUR | SOC GENERALE EUR1.25 | 6 944.00 | 171 525.85 | 0.01 |
| EUR | SODEXO EUR4 | 730.00 | 68 925.80 | 0.01 |
| EUR | TELEPERFORMANCE EUR2.50 | 507.00 | 112 445.81 | 0.01 |
| EUR | THALES EUR3 | 929.00 | 116 841.95 | 0.01 |
| EUR | TOTALENERGIES SE EUR2.5 | 21 576.00 | 1 339 830.58 | 0.11 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 844.00 | 23 098.67 | 0.00 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 1 117.00 | 58 242.03 | 0.01 |
| EUR | VALEO EUR1 (POST SUBD) | 2 053.00 | 37 521.22 | 0.00 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 6 124.00 | 154 991.07 | 0.01 |
| EUR | VINCI EUR2.50 | 4 635.00 | 461 111.97 | 0.04 |
| EUR | VIVENDI SA EUR5.50 | 6 613.00 | 58 421.87 | 0.01 |
| EUR | WENDEL EUR4 | 191.00 | 17 394.86 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 2 042.20 | 94 518.67 | 0.01 |
| Total France | 14 196 407.51 | 1.16 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Germany |  |  |  |  |
| EUR | ADIDAS AG NPV (REGD) | 1 540.00 | 193 862.91 | 0.02 |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 3 551.00 | 747 162.28 | 0.06 |
| EUR | BASF SE NPV | 7 931.00 | 396 180.97 | 0.03 |
| EUR | BAYER AG NPV (REGD) | 8 483.00 | 483 717.77 | 0.04 |
| EUR | BAYERISCHE MOTOREN WERKE AG EUR1 | 2 853.00 | 253 543.52 | 0.02 |
| EUR | BAYERISCHE MOTORENWERKE AG EUR1 | 598.00 | 50 890.14 | 0.00 |
| EUR | BECHTLE AG NPV | 736.00 | 26 046.36 | 0.00 |
| EUR | BEIERSDORF AG NPV | 793.00 | 84 876.47 | 0.01 |
| EUR | BRENNTAG AG | 1 384.00 | 85 473.64 | 0.01 |
| EUR | CARL ZEISS MEDITEC NPV | 405.00 | 53 856.62 | 0.00 |
| EUR | COMMERZBANK AG NPV | 8 708.00 | 71 783.34 | 0.01 |
| EUR | CONTINENTAL AG ORD NPV | 841.00 | 49 600.79 | 0.00 |
| EUR | COVESTRO AG NPV | 1 612.00 | 63 354.41 | 0.01 |
| EUR | DAIMLER TRUCK HOLD NPV (YOUNG SHARE) | 4 229.00 | 136 597.21 | 0.01 |
| EUR | DELIVERY HERO SE NPV | 1 555.00 | 65 597.30 | 0.01 |
| EUR | DEUTSCHE BANK AG NPV(REGD) | 17 842.00 | 185 951.41 | 0.02 |
| EUR | DEUTSCHE BOERSE AG NPV(REGD) | 1 649.00 | 298 659.35 | 0.02 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 5 583.00 | 44 016.54 | 0.00 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 8 531.00 | 332 296.61 | 0.03 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 28 173.00 | 562 935.64 | 0.05 |
| EUR | DR.ING. F.PORSCHE NON-VTG PRF NPV | 830.00 | 92 981.51 | 0.01 |
| EUR | E.ON SE NPV | 20 276.00 | 190 483.42 | 0.02 |
| EUR | EVONIK INDUSTRIES NPV | 1 931.00 | 37 230.06 | 0.00 |
| EUR | FRESENIUS MED CARE NPV | 1 762.00 | 53 919.31 | 0.00 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 3 865.00 | 105 698.10 | 0.01 |
| EUR | GEA GROUP AG NPV | 1 498.00 | 59 969.12 | 0.00 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 547.00 | 102 280.49 | 0.01 |
| EUR | HEIDELBERGCEMENT NPV | 1 195.00 | 64 130.10 | 0.01 |
| EUR | HELLOFRESH SE NPV | 1 253.00 | 30 163.74 | 0.00 |
| EUR | HENKEL AG & CO KGAA | 954.00 | 62 571.62 | 0.01 |
| EUR | HENKEL AG&CO. KGAA NON-VTG PRF NPV | 1 529.00 | 107 747.48 | 0.01 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 11 168.00 | 362 452.62 | 0.03 |
| EUR | KNORR BREMSE AG NPV | 798.00 | 44 566.88 | 0.00 |
| EUR | LEG IMMOBILIEN SE NPV | 665.00 | 41 562.34 | 0.00 |
| EUR | MERCEDES-BENZ ORD NPV(REGD) | 7 002.00 | 464 298.84 | 0.04 |
| EUR | MERCK KGAA NPV | 1 111.00 | 198 816.97 | 0.02 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 443.00 | 91 409.44 | 0.01 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 1 222.00 | 378 979.57 | 0.03 |
| EUR | NEMETSCHEK SE ORD NPV | 575.00 | 27 589.47 | 0.00 |
| EUR | PORSCHE AUTO HL SE NON VTG PRF NPV | 1 321.00 | 79 352.18 | 0.01 |
| EUR | PUMA SE NPV | 773.00 | 38 761.28 | 0.00 |
| EUR | RATIONAL AG NPV | 57.00 | 34 773.85 | 0.00 |
| EUR | RHEINMETALL AG NPV | 368.00 | 73 660.34 | 0.01 |
| EUR | RWE AG (NEU) NPV | 5 542.00 | 239 665.45 | 0.02 |
| EUR | SAP AG ORD NPV | 9 126.00 | 981 567.36 | 0.08 |
| EUR | SARTORIUS AG NON VTG PRF NPV | 237.00 | 86 971.24 | 0.01 |
| EUR | SCOUT24 AG NPV | 727.00 | 38 894.95 | 0.00 |
| EUR | SIEMENS AG NPV(REGD) | 6 723.00 | 908 349.05 | 0.07 |
| EUR | SIEMENS ENERGY AG NPV | 4 052.00 | 65 961.56 | 0.01 |
| EUR | SIEMENS HEALTHINEE NPV | 2 385.00 | 124 406.53 | 0.01 |
| EUR | SYMRISE AG NPV (BR) | 1 217.00 | 136 523.51 | 0.01 |
| EUR | TELEFONICA DEUTSCH NPV | 8 442.00 | 19 888.00 | 0.00 |
| EUR | UNITED INTERNET AG NPV(REGD) | 894.00 | 18 575.83 | 0.00 |
| EUR | VOLKSWAGEN AG NON VTG PRF NPV | 1 611.00 | 232 061.38 | 0.02 |
| EUR | VOLKSWAGEN AG ORD NPV | 246.00 | 46 365.45 | 0.00 |
| EUR | VONOVIA SE NPV | 6 065.00 | 146 690.99 | 0.01 |
| EUR | ZALANDO SE NPV | 1 718.00 | 52 608.24 | 0.00 |
| Total Germany |  | 10 028 331.55 | 0.82 |
| Hong Kong |  |  |  |
| HKD	AIA GROUP LTD NPV | 103 600.00 | 1 041 906.35 | 0.09 |
| HKD	BOC HONG KONG HLDG HKD5 | 33 000.00 | 104 637.76 | 0.01 |
| HKD	BUDWEISER BREWING USD0.00001 | 16 700.00 | 47 925.18 | 0.00 |
| HKD	CK ASSET HOLDINGS HKD1 | 16 500.00 | 98 401.77 | 0.01 |
| HKD	CK HUTCHISON HLDGS HKD1.0 | 23 000.00 | 133 482.80 | 0.01 |
| HKD	CK INFRASTRUCTURE HKD1 | 6 500.00 | 32 726.92 | 0.00 |
| HKD	CLP HOLDINGS HKD5 | 16 500.00 | 119 646.40 | 0.01 |
| HKD	ESR CAYMAN LIMITED USD0.001 | 20 400.00 | 46 102.88 | 0.00 |
| HKD	GALAXY ENTERTAINME HKD0.10 | 18 000.00 | 107 693.29 | 0.01 |
| HKD	HANG LUNG PROP HKD1 | 17 000.00 | 31 318.94 | 0.00 |
| HKD	HANG SENG BANK HKD5 | 7 800.00 | 120 115.30 | 0.01 |
| HKD	HENDERSON LAND DEV HKD2 | 19 000.00 | 62 558.45 | 0.01 |
| HKD	HKT TRUST AND HKT SHARE STAPLED UNIT | 37 000.00 | 44 937.54 | 0.00 |
| HKD	HONG KONG EXCHANGE HKD1 | 10 300.00 | 403 792.20 | 0.03 |
| USD	HONGKONG LAND HLD ORD USD0.10(SINGAPORE REG) | 10 200.00 | 40 902.00 | 0.00 |
| HKD	HONGKONG&CHINA GAS HKD0.25 | 111 300.00 | 94 680.93 | 0.01 |
| USD	JARDINE MATHESON COM USD0.25(BERMUDA REG) | 1 200.00 | 57 984.00 | 0.01 |
| HKD	MTR CORP HKD1 | 17 500.00 | 84 187.43 | 0.01 |
| HKD	NEW WORLD DEVEL CO NPV POST CON | 9 000.00 | 21 308.05 | 0.00 |
| HKD	POWER ASSETS HOLDINGS LTD HKD1 | 13 500.00 | 69 441.42 | 0.01 |
| HKD	SINO LAND CO HKD1 | 38 583.00 | 47 997.04 | 0.01 |
| HKD	SITC INTERNATIONAL HKD0.10 | 15 000.00 | 32 746.14 | 0.00 |
| HKD	SUN HUNG KAI PROP NPV | 12 000.00 | 144 052.27 | 0.01 |
| HKD	SWIRE PACIFIC ‘A’HKD0.60 | 4 000.00 | 31 285.63 | 0.00 |
| HKD	SWIRE PROPERTIES LTD HKD1 | 8 000.00 | 17 915.57 | 0.00 |
| HKD	TECHTRONIC INDUSTR HKD0.1 | 12 500.00 | 148 613.16 | 0.01 |
| HKD	THE LINK REAL ESTATE INVESTMENT TRUST | 17 494.00 | 117 665.11 | 0.01 |
| HKD	WH GROUP LTD USD0.0001 | 80 603.00 | 47 191.81 | 0.00 |
| HKD	WHARF REAL ESTATE HKD0.1 | 17 000.00 | 78 406.25 | 0.01 |
| HKD	XINYI GLASS HLDGS HKD0.1 | 14 000.00 | 26 832.36 | 0.00 |
| Total Hong Kong |  | 3 456 454.95 | 0.28 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Ireland |  |  |  |  |
| EUR | AIB GROUP PLC ORD EUR0.625 | 4 707.00 | 14 995.27 | 0.00 |
| EUR | BANK OF IRELAND GR EUR1 | 7 443.00 | 59 838.05 | 0.00 |
| EUR | CRH ORD EUR0.32 | 6 615.00 | 258 891.23 | 0.02 |
| GBP | DCC ORD EUR0.25 | 756.00 | 39 515.06 | 0.00 |
| GBP | EXPERIAN ORD USD0.10 | 7 983.00 | 276 177.03 | 0.02 |
| EUR | FLUTTER ENTERTAINM ORD EUR0.09 | 1 506.00 | 218 254.40 | 0.02 |
| AUD | JAMES HARDIE ID PLC CUFS EUR0.5 | 3 695.00 | 72 256.61 | 0.01 |
| EUR | KERRY GROUP ‘A’ORD EUR0.125(DUBLIN LIST) | 1 357.00 | 126 505.66 | 0.01 |
| EUR | KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 1 338.00 | 73 622.78 | 0.01 |
| EUR | SMURFIT KAPPA GRP ORD EUR0.001 | 2 118.00 | 74 648.74 | 0.01 |
| Total Ireland |  | 1 214 704.83 | 0.10 |
| Isle of Man |  |  |  |
| GBP	ENTAIN PLC ORD EUR0.01 | 5 065.00 | 84 567.36 | 0.01 |
| Total Isle of Man |  | 84 567.36 | 0.01 |
| Israel |  |  |  |
| ILS	AZRIELI GROUP ILS0.01 | 352.00 | 24 495.03 | 0.00 |
| ILS	BANK HAPOALIM B.M. ILS1 | 11 301.00 | 106 842.48 | 0.01 |
| ILS	BEZEQ ISRAEL TELCM ILS1 | 16 998.00 | 31 037.13 | 0.00 |
| ILS	BK LEUMI LE ISRAEL ILS1 | 13 024.00 | 115 997.89 | 0.01 |
| USD	CHECK POINT SFTWRE ORD ILS0.01 | 874.00 | 116 093.42 | 0.01 |
| USD	CYBER-ARK SOFTWARE COM ILS0.01 | 400.00 | 59 628.00 | 0.01 |
| ILS	ELBIT SYSTEMS LTD ILS1 | 167.00 | 28 750.54 | 0.00 |
| ILS	ICL GROUP LTD ILS1 | 6 936.00 | 56 448.10 | 0.01 |
| ILS	ISRAEL DISCOUNT BK ILS0.10 SER’A’ | 9 466.00 | 54 952.90 | 0.00 |
| ILS	MIZRAHI TEFAHOT BK ILS0.01 | 1 568.00 | 56 761.21 | 0.01 |
| ILS	NICE SYSTEMS ILS1 | 538.00 | 100 885.72 | 0.01 |
| USD	TEVA PHARMA IND ADR(CNV 1 ORD ILS0.10) | 9 500.00 | 83 315.00 | 0.01 |
| ILS	TOWER SEMICONDUCTO ORD ILS1 | 1 074.00 | 47 127.38 | 0.00 |
| USD	WIX.COM LTD COM ILS0.01 | 538.00 | 48 683.62 | 0.00 |
| USD	ZIM INTEGRATED SHI COM NPV | 800.00 | 16 816.00 | 0.00 |
| Total Israel |  | 947 834.42 | 0.08 |
| Italy |  |  |  |
| EUR	AMPLIFON EUR0.02 | 1 138.00 | 31 461.26 | 0.00 |
| EUR	ASSIC GENERALI SPA EUR1 | 9 572.00 | 166 957.42 | 0.01 |
| EUR	DAVIDE CAMPARI MIL EUR0.01 | 4 298.00 | 44 364.99 | 0.00 |
| EUR	DIASORIN SPA EUR1 | 238.00 | 31 109.95 | 0.00 |
| EUR	ENEL EUR1 | 70 555.00 | 372 969.47 | 0.03 |
| EUR	ENI SPA EUR1 | 21 794.00 | 321 433.32 | 0.03 |
| EUR	FERRARI NV EUR0.01(NEW) | 1 085.00 | 236 728.38 | 0.02 |
| EUR	FINECOBANK SPA EUR0.33 | 5 455.00 | 86 722.48 | 0.01 |
| EUR	INFRASTRUTTURE WIR NPV | 2 686.00 | 26 268.05 | 0.00 |
| EUR	INTESA SANPAOLO NPV | 143 367.00 | 313 245.03 | 0.03 |
| EUR	MEDIOBANCA SPA EUR0.5 | 5 880.00 | 55 784.71 | 0.01 |
| EUR	MONCLER SPA NPV | 1 823.00 | 92 069.40 | 0.01 |
| EUR	NEXI SPA NPV | 4 415.00 | 38 203.78 | 0.00 |
| EUR	POSTE ITALIANE SPA NPV | 3 981.00 | 38 473.56 | 0.00 |
| EUR	PRYSMIAN SPA EUR0.10 | 2 178.00 | 74 902.10 | 0.01 |
| EUR	RECORDATI EUR0.125 | 1 014.00 | 42 430.81 | 0.00 |
| EUR	SNAM EUR1 | 16 860.00 | 84 507.99 | 0.01 |
| EUR	TELECOM ITALIA SPA EUR0.55 | 101 335.00 | 21 514.83 | 0.00 |
| EUR	TERNA SPA ORD EUR0.22 | 12 033.00 | 90 569.28 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 18 005.00 | 241 449.96 | 0.02 |
| Total Italy |  | 2 411 166.77 | 0.20 |
| Japan |  |  |  |
| JPY	ADVANTEST CORP NPV | 1 800.00 | 117 772.68 | 0.01 |
| JPY	AEON CO LTD NPV | 5 400.00 | 109 246.09 | 0.01 |
| JPY	AGC INC NPV | 2 000.00 | 65 930.91 | 0.01 |
| JPY	AISIN CORPORATION NPV | 1 400.00 | 37 774.11 | 0.00 |
| JPY	AJINOMOTO CO INC NPV | 4 200.00 | 130 478.72 | 0.01 |
| JPY	ANA HOLDINGS INC NPV | 1 200.00 | 25 321.77 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 3 900.00 | 122 919.59 | 0.01 |
| JPY	ASAHI INTECC CO LT NPV | 1 800.00 | 31 139.46 | 0.00 |
| JPY	ASAHI KASEI CORP NPV | 10 100.00 | 73 755.91 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 15 700.00 | 239 426.69 | 0.02 |
| JPY	AZBIL CORP NPV | 1 000.00 | 29 919.74 | 0.00 |
| JPY	BANDAI NAMCO HLDGS NPV | 1 700.00 | 110 194.21 | 0.01 |
| JPY	BRIDGESTONE CORP NPV | 4 900.00 | 181 441.16 | 0.02 |
| JPY	BROTHER INDUSTRIES NPV | 2 000.00 | 31 732.84 | 0.00 |
| JPY	CANON INC NPV | 8 600.00 | 197 959.01 | 0.02 |
| JPY	CAPCOM CO LTD NPV | 1 600.00 | 47 871.58 | 0.00 |
| JPY	CENTRAL JAPAN RLWY NPV | 1 300.00 | 154 930.49 | 0.01 |
| JPY	CHIBA BANK NPV | 5 300.00 | 31 676.94 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 6 100.00 | 56 305.00 | 0.01 |
| JPY	CHUGAI PHARM CO NPV | 6 200.00 | 161 020.50 | 0.01 |
| JPY	CONCORDIA FINANCIA NPV | 10 400.00 | 35 551.10 | 0.00 |
| JPY	CYBER AGENT NPV | 3 600.00 | 31 707.04 | 0.00 |
| JPY	DAI NIPPON PRINTNG NPV | 1 900.00 | 38 683.53 | 0.00 |
| JPY	DAI-ICHI LIFE HOLD NPV | 8 400.00 | 153 113.09 | 0.01 |
| JPY	DAIFUKU CO LTD NPV | 900.00 | 45 406.34 | 0.00 |
| JPY	DAIICHI SANKYO COM NPV | 15 200.00 | 492 142.75 | 0.04 |
| JPY	DAIKIN INDUSTRIES NPV | 2 200.00 | 353 239.21 | 0.03 |
| JPY	DAITO TRUST CONST NPV | 500.00 | 54 894.65 | 0.01 |
| JPY	DAIWA HOUSE INDS NPV | 5 000.00 | 113 193.35 | 0.01 |
| JPY	DAIWA HOUSE REIT I REIT | 15.00 | 33 055.04 | 0.00 |
| JPY	DAIWA SECS GROUP NPV | 11 300.00 | 49 236.06 | 0.00 |
| JPY	DENSO CORP NPV | 3 700.00 | 199 238.93 | 0.02 |
| JPY	DENTSU GROUP INC NPV | 2 100.00 | 66 217.57 | 0.01 |
| JPY	DISCO CORPORATION NPV | 300.00 | 87 286.80 | 0.01 |
| JPY	EAST JAPAN RAILWAY NPV | 2 600.00 | 145 539.63 | 0.01 |
| JPY	EISAI CO NPV | 2 200.00 | 147 129.14 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | ENEOS HOLDINGS INC NPV | 28 800.00 | 96 178.87 | 0.01 |
| JPY | FANUC CORP NPV | 1 600.00 | 233 510.10 | 0.02 |
| JPY | FAST RETAILING CO NPV | 500.00 | 289 558.55 | 0.02 |
| JPY | FUJI ELECTRIC CO L NPV | 1 200.00 | 48 330.23 | 0.00 |
| JPY | FUJI FILM HLD CORP NPV | 3 000.00 | 157 266.73 | 0.01 |
| JPY | FUJITSU NPV | 1 700.00 | 224 957.00 | 0.02 |
| JPY | GLP J-REIT REIT | 39.00 | 43 041.42 | 0.00 |
| JPY | GMO PAYMENT GATEWA NPV | 400.00 | 34 857.39 | 0.00 |
| JPY | HAKUHODO DY HLDGS NPV | 2 400.00 | 22 892.36 | 0.00 |
| JPY | HAMAMATSU PHOTONIC NPV | 1 400.00 | 71 836.03 | 0.01 |
| JPY | HANKYU HANSHIN HLD NPV | 2 200.00 | 67 636.52 | 0.01 |
| JPY | HIKARI TSUSHIN INC NPV | 100.00 | 13 738.00 | 0.00 |
| JPY | HIROSE ELECTRIC NPV | 220.00 | 28 694.28 | 0.00 |
| JPY | HITACHI CONST MACH NPV | 900.00 | 20 703.74 | 0.00 |
| JPY | HITACHI NPV | 8 400.00 | 439 383.69 | 0.04 |
| JPY | HONDA MOTOR CO NPV | 14 100.00 | 339 111.37 | 0.03 |
| JPY | HOSHIZAKI CORPORAT NPV | 1 200.00 | 39 859.54 | 0.00 |
| JPY | HOYA CORP NPV | 3 200.00 | 322 430.84 | 0.03 |
| JPY | HULIC CO LTD NPV | 3 300.00 | 27 267.45 | 0.00 |
| JPY | IBIDEN CO LTD NPV | 1 300.00 | 51 332.95 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 2 058.00 | 47 785.01 | 0.00 |
| JPY | IIDA GROUP HOLDING NPV | 1 500.00 | 23 573.89 | 0.00 |
| JPY | INPEX CORPORATION NPV | 9 100.00 | 99 973.48 | 0.01 |
| JPY | ISUZU MOTORS NPV | 5 000.00 | 64 282.64 | 0.01 |
| JPY | ITO EN LTD NPV | 500.00 | 18 883.47 | 0.00 |
| JPY | ITOCHU CORP NPV | 10 200.00 | 313 368.21 | 0.03 |
| JPY | ITOCHU TECHNO-SOLU NPV | 900.00 | 21 606.71 | 0.00 |
| JPY | JAPAN AIRLINES CO NPV | 1 000.00 | 19 585.78 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 4 000.00 | 56 628.92 | 0.01 |
| JPY | JAPAN METRO FUND REIT | 67.00 | 52 864.41 | 0.01 |
| JPY | JAPAN POST BANK CO NPV | 2 200.00 | 16 570.16 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 22 200.00 | 171 503.51 | 0.01 |
| JPY | JAPAN POST INSURAN NPV | 1 500.00 | 24 584.35 | 0.00 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 12.00 | 52 372.08 | 0.00 |
| JPY | JAPAN TOBACCO INC NPV | 10 000.00 | 201 770.10 | 0.02 |
| JPY | JFE HOLDINGS INC NPV | 5 000.00 | 54 679.66 | 0.01 |
| JPY | JSR CORP NPV | 1 400.00 | 28 824.71 | 0.00 |
| JPY | KAJIMA CORP NPV | 3 700.00 | 41 099.33 | 0.00 |
| JPY | KAKAKU.COM. INC NPV | 1 000.00 | 17 400.03 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 5 900.00 | 49 300.56 | 0.00 |
| JPY | KAO CORP NPV | 4 000.00 | 156 542.93 | 0.01 |
| JPY | KDDI CORP NPV | 13 900.00 | 409 509.10 | 0.03 |
| JPY | KEIO CORPORATION NPV | 900.00 | 33 022.79 | 0.00 |
| JPY | KEISEI ELEC RY CO NPV | 1 100.00 | 30 862.12 | 0.00 |
| JPY | KEYENCE CORP NPV | 1 700.00 | 696 130.14 | 0.06 |
| JPY | KIKKOMAN CORP NPV | 1 300.00 | 71 922.03 | 0.01 |
| JPY | KINTETSU GROUP HOL NPV | 1 600.00 | 56 184.61 | 0.01 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 6 700.00 | 103 952.27 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 500.00 | 30 457.22 | 0.00 |
| JPY | KOBE BUSSAN CO LTD NPV | 1 600.00 | 40 991.83 | 0.00 |
| JPY | KOEI TECMO HOLDING NPV | 1 040.00 | 17 701.02 | 0.00 |
| JPY | KOITO MFG CO LTD NPV | 1 800.00 | 27 927.48 | 0.00 |
| JPY | KOMATSU NPV | 7 800.00 | 177 699.58 | 0.02 |
| JPY | KONAMI HOLDINGS CORP NPV | 800.00 | 36 978.64 | 0.00 |
| JPY | KOSE CORPORATION NPV | 300.00 | 31 152.36 | 0.00 |
| JPY | KUBOTA CORP NPV | 8 600.00 | 125 111.08 | 0.01 |
| JPY | KURITA WATER INDS NPV | 900.00 | 39 343.56 | 0.00 |
| JPY | KYOCERA CORP NPV | 2 700.00 | 135 077.40 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 2 600.00 | 59 158.66 | 0.01 |
| JPY | LASERTEC CORP NPV | 700.00 | 126 089.29 | 0.01 |
| JPY | LIXIL CORPORATION COM NPV | 2 300.00 | 34 762.08 | 0.00 |
| JPY | M3 INC NPV | 3 700.00 | 111 498.50 | 0.01 |
| JPY | MAKITA CORP NPV | 1 400.00 | 31 403.18 | 0.00 |
| JPY | MARUBENI CORP NPV | 13 100.00 | 145 326.07 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 6 000.00 | 46 911.28 | 0.00 |
| JPY | MCDONALD’S HOLDING NPV | 700.00 | 25 634.23 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 1 100.00 | 52 028.09 | 0.00 |
| JPY | MINEBEA MITSUMI INC | 2 600.00 | 41 793.03 | 0.00 |
| JPY | MISUMI GROUP INC NPV | 2 800.00 | 67 220.87 | 0.01 |
| JPY | MITSUBISHI CHEM HL NPV | 12 100.00 | 63 231.47 | 0.01 |
| JPY | MITSUBISHI CORP NPV | 10 900.00 | 359 714.06 | 0.03 |
| JPY | MITSUBISHI ELEC CP NPV | 16 300.00 | 160 909.06 | 0.01 |
| JPY | MITSUBISHI ESTATE NPV | 10 500.00 | 145 979.65 | 0.01 |
| JPY | MITSUBISHI HC CAPI NPV | 5 200.00 | 24 371.51 | 0.00 |
| JPY | MITSUBISHI HVY IND NPV | 2 700.00 | 105 589.08 | 0.01 |
| JPY | MITSUBISHI UFJ FIN NPV | 103 400.00 | 559 533.75 | 0.05 |
| JPY | MITSUI & CO NPV | 12 500.00 | 356 797.33 | 0.03 |
| JPY | MITSUI CHEMICALS NPV | 1 300.00 | 28 880.61 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 7 600.00 | 151 221.16 | 0.01 |
| JPY | MITSUI O.S.K.LINES NPV | 3 000.00 | 72 344.85 | 0.01 |
| JPY | MIZUHO FINL GP NPV | 20 730.00 | 255 076.75 | 0.02 |
| JPY | MONOTARO CO.LTD NPV | 2 000.00 | 33 481.44 | 0.00 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 3 600.00 | 105 776.12 | 0.01 |
| JPY | MURATA MFG CO NPV | 4 900.00 | 262 101.19 | 0.02 |
| JPY | NEC CORP NPV | 2 100.00 | 73 065.07 | 0.01 |
| JPY | NEXON CO LTD NPV | 4 200.00 | 87 106.21 | 0.01 |
| JPY | NGK INSULATORS NPV | 2 700.00 | 35 041.57 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 3 800.00 | 232 400.75 | 0.02 |
| JPY | NIHON M&A CENTER I NPV | 3 200.00 | 42 195.79 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 9 500.00 | 401 268.45 | 0.03 |
| JPY | NIPPON BUILDING FD REIT | 15.00 | 68 797.48 | 0.01 |
| JPY | NIPPON EXPRESS HLD NPV | 700.00 | 40 583.35 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 7 600.00 | 61 000.43 | 0.01 |
| JPY | NIPPON PROLOGIS RE REIT | 19.00 | 45 954.57 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | NIPPON SANSO HOLDI NPV | 1 900.00 | 30 949.55 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 400.00 | 23 190.48 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 6 800.00 | 106 843.92 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 10 200.00 | 279 231.76 | 0.02 |
| JPY | NIPPON YUSEN KK NPV | 4 500.00 | 97 939.66 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 1 200.00 | 57 961.87 | 0.01 |
| JPY | NISSAN MOTOR CO NPV | 19 400.00 | 68 290.67 | 0.01 |
| JPY | NISSHIN SEIFUN GRP NPV | 900.00 | 10 416.37 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 500.00 | 37 551.96 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 700.00 | 78 081.55 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 1 500.00 | 92 554.11 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 23 000.00 | 82 529.02 | 0.01 |
| JPY | NOMURA REAL EST MA REIT | 32.00 | 39 558.55 | 0.00 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 1 400.00 | 33 309.45 | 0.00 |
| JPY | NOMURA RESEARCH IN NPV | 3 200.00 | 68 705.75 | 0.01 |
| JPY | NTT DATA CORP NPV | 5 600.00 | 84 357.17 | 0.01 |
| JPY | OBAYASHI CORP NPV | 5 500.00 | 40 361.19 | 0.00 |
| JPY | OBIC CO LTD NPV | 600.00 | 93 306.58 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 2 600.00 | 33 576.04 | 0.00 |
| JPY | OJI HOLDINGS CO NPV | 9 000.00 | 34 054.75 | 0.00 |
| JPY | OLYMPUS CORP NPV | 10 600.00 | 213 154.65 | 0.02 |
| JPY | OMRON CORP NPV | 1 500.00 | 75 720.22 | 0.01 |
| JPY | ONO PHARMACEUTICAL NPV | 3 000.00 | 75 591.23 | 0.01 |
| JPY | OPEN HOUSE CO LTD NPV | 600.00 | 24 853.09 | 0.00 |
| JPY | ORACLE CORP JAPAN NPV | 300.00 | 17 263.87 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 1 700.00 | 240 246.52 | 0.02 |
| JPY | ORIX CORP NPV | 10 200.00 | 161 581.63 | 0.01 |
| JPY | OSAKA GAS CO NPV | 2 700.00 | 41 059.19 | 0.00 |
| JPY | OTSUKA CORP NPV | 1 000.00 | 32 750.47 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 3 200.00 | 107 553.39 | 0.01 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 3 600.00 | 61 504.94 | 0.01 |
| JPY | PANASONIC CORP NPV | 18 800.00 | 171 643.97 | 0.01 |
| JPY | PERSOL HOLDINGS CO NPV | 1 500.00 | 33 861.26 | 0.00 |
| JPY | RAKUTEN GROUP INC NPV | 7 500.00 | 35 097.46 | 0.00 |
| JPY | RECRUIT HLDGS CO L NPV | 12 500.00 | 387 792.03 | 0.03 |
| JPY | RENESAS ELECTRONIC NPV | 9 800.00 | 92 423.68 | 0.01 |
| JPY | RESONA HOLDINGS NPV | 16 500.00 | 78 148.56 | 0.01 |
| JPY | RICOH CO NPV | 5 300.00 | 41 248.39 | 0.00 |
| JPY | ROHM CO LTD NPV | 700.00 | 54 428.84 | 0.01 |
| JPY | SBI HOLDINGS INC NPV | 1 900.00 | 35 647.13 | 0.00 |
| JPY | SCSK CORP | 1 500.00 | 23 670.63 | 0.00 |
| JPY | SECOM CO NPV | 1 800.00 | 109 452.49 | 0.01 |
| JPY | SEIKO EPSON CORP NPV | 2 800.00 | 43 181.88 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 3 100.00 | 42 809.95 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 5 200.00 | 95 660.03 | 0.01 |
| JPY | SEVEN & I HOLDINGS NPV | 6 400.00 | 255 880.75 | 0.02 |
| JPY | SG HOLDINGS CO LTD NPV | 2 300.00 | 35 108.21 | 0.00 |
| JPY | SHARP CORP NPV | 2 500.00 | 17 432.28 | 0.00 |
| JPY | SHIMADZU CORP NPV | 2 200.00 | 65 902.25 | 0.01 |
| JPY | SHIMANO INC NPV | 600.00 | 100 530.31 | 0.01 |
| JPY | SHIMIZU CORP NPV | 5 900.00 | 31 203.96 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 3 200.00 | 402 923.89 | 0.03 |
| JPY | SHIONOGI & CO NPV | 2 200.00 | 109 574.32 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 3 300.00 | 137 141.32 | 0.01 |
| JPY | SHIZUOKA FINANCIAL NPV | 4 200.00 | 30 249.39 | 0.00 |
| JPY | SMC CORP NPV | 500.00 | 221 298.55 | 0.02 |
| JPY | SOFTBANK CORP NPV | 24 500.00 | 262 926.40 | 0.02 |
| JPY | SOFTBANK GROUP CO NPV | 10 400.00 | 443 606.13 | 0.04 |
| JPY | SOMPO HOLDINGS INC NPV | 2 600.00 | 112 895.23 | 0.01 |
| JPY | SONY GROUP CORPORA NPV | 10 900.00 | 879 170.85 | 0.07 |
| JPY | SQUARE-ENIX HOLDIN NPV | 1 000.00 | 44 360.04 | 0.00 |
| JPY | SUBARU CORPORATION NPV | 5 700.00 | 96 055.25 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 2 400.00 | 34 794.33 | 0.00 |
| JPY | SUMITOMO CHEM CO NPV | 14 600.00 | 52 105.49 | 0.00 |
| JPY | SUMITOMO CORP NPV | 9 400.00 | 151 367.35 | 0.01 |
| JPY | SUMITOMO ELECTRIC NPV | 5 800.00 | 66 525.01 | 0.01 |
| JPY | SUMITOMO METAL MNG NPV | 2 000.00 | 66 575.89 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 11 300.00 | 378 421.24 | 0.03 |
| JPY | SUMITOMO MITSUI TR NPV | 2 800.00 | 88 430.56 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 2 700.00 | 71 901.96 | 0.01 |
| JPY | SUNTORY BEVERAGE & NPV | 1 300.00 | 43 460.66 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 3 100.00 | 109 146.48 | 0.01 |
| JPY | SYSMEX CORP NPV | 1 400.00 | 83 454.21 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 5 100.00 | 60 963.16 | 0.01 |
| JPY | TAISEI CORP NPV | 1 700.00 | 50 741.72 | 0.00 |
| JPY | TAKEDA PHARMACEUTI NPV | 13 349.00 | 387 440.52 | 0.03 |
| JPY | TDK CORP NPV | 3 200.00 | 111 910.56 | 0.01 |
| JPY | TERUMO CORP NPV | 5 500.00 | 159 355.74 | 0.01 |
| JPY | TIS INC. NPV | 1 900.00 | 52 966.89 | 0.01 |
| JPY | TOBU RAILWAY CO NPV | 1 700.00 | 40 325.35 | 0.00 |
| JPY | TOHO CO LTD NPV | 900.00 | 34 119.25 | 0.00 |
| JPY | TOKIO MARINE HLDG NPV | 15 900.00 | 322 124.84 | 0.03 |
| JPY | TOKYO ELEC POWER H NPV | 13 200.00 | 47 203.67 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 1 300.00 | 420 073.10 | 0.04 |
| JPY | TOKYO GAS CO NPV | 3 700.00 | 66 978.64 | 0.01 |
| JPY | TOKYU CORP NPV | 4 700.00 | 58 909.99 | 0.01 |
| JPY | TOPPAN PRINTING CO NPV | 2 600.00 | 39 724.81 | 0.00 |
| JPY | TORAY INDS INC NPV | 11 400.00 | 60 341.41 | 0.01 |
| JPY | TOSHIBA CORP NPV | 3 600.00 | 120 997.56 | 0.01 |
| JPY | TOSOH CORP NPV | 2 000.00 | 23 262.15 | 0.00 |
| JPY | TOTO LTD NPV | 1 300.00 | 44 205.96 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 1 500.00 | 83 954.42 | 0.01 |
| JPY | TOYOTA MOTOR CORP NPV | 92 100.00 | 1 326 981.87 | 0.11 |
| JPY | TOYOTA TSUSHO CORP NPV | 2 200.00 | 82 456.64 | 0.01 |
| JPY | TREND MICRO INC NPV | 1 300.00 | 63 444.17 | 0.01 |
| JPY | UNICHARM CORP NPV | 3 400.00 | 123 851.23 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | USS CO LTD NPV | 1 700.00 | 27 971.91 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 1 100.00 | 23 806.79 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 1 800.00 | 75 281.64 | 0.01 |
| JPY | YAKULT HONSHA CO NPV | 1 200.00 | 75 247.24 | 0.01 |
| JPY | YAMAHA CORP NPV | 1 400.00 | 54 278.34 | 0.01 |
| JPY | YAMAHA MOTOR CO NPV | 2 600.00 | 63 630.50 | 0.01 |
| JPY | YAMATO HOLDINGS CO NPV | 2 500.00 | 41 081.41 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 2 400.00 | 76 451.20 | 0.01 |
| JPY | YOKOGAWA ELECTRIC NPV | 2 500.00 | 45 972.48 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 24 700.00 | 66 113.30 | 0.01 |
| JPY | ZOZO INC NPV | 920.00 | 22 581.34 | 0.00 |
| Total Japan |  | 27 122 816.85 | 2.21 |
| Luxembourg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 4 533.00 | 120 465.68 | 0.01 |
| EUR	AROUNDTOWN SA EUR0.01 | 10 621.00 | 25 097.92 | 0.00 |
| EUR	EUROFINS SCIENTIFI EUR0.01 | 1 161.00 | 79 400.04 | 0.01 |
| EUR	TENARIS S.A. USD1 | 4 020.00 | 69 186.61 | 0.00 |
| Total Luxembourg |  | 294 150.25 | 0.02 |
| Macau |  |  |  |
| HKD	SANDS CHINA LTD USD0.01 REG’S’ | 17 600.00 | 47 351.23 | 0.00 |
| Total Macau |  | 47 351.23 | 0.00 |
| The Netherlands |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 3 756.00 | 47 317.22 | 0.00 |
| EUR	ADYEN NV EUR0.01 | 186.00 | 280 339.51 | 0.02 |
| EUR	AEGON NV EUR0.12 | 15 537.00 | 74 613.14 | 0.01 |
| USD	AERCAP HOLDINGS EUR0.01 | 1 306.00 | 80 188.40 | 0.01 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 1 576.00 | 110 702.53 | 0.01 |
| EUR	ARGEN X NV EUR0.10 | 472.00 | 189 537.97 | 0.01 |
| EUR	ASM INTL NV EUR0.04 | 430.00 | 114 672.12 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 3 512.00 | 2 029 010.99 | 0.17 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 8 760.00 | 137 731.34 | 0.01 |
| EUR	EURONEXT EUR1.60 | 649.00 | 48 607.98 | 0.00 |
| EUR	EXOR NV EUR0.01 | 906.00 | 70 039.35 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 980.00 | 72 702.56 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 2 241.00 | 203 701.30 | 0.02 |
| EUR	IMCD NV EUR0.16 | 504.00 | 72 262.90 | 0.01 |
| EUR	ING GROEP N.V. EUR0.01 | 34 093.00 | 406 853.71 | 0.03 |
| EUR	JDE PEETS N.V. EUR0.01 | 827.00 | 25 153.92 | 0.00 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 1 699.00 | 37 769.01 | 0.00 |
| EUR	KON KPN NV EUR0.04 | 30 058.00 | 91 052.61 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 9 223.00 | 264 144.09 | 0.02 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 1 501.00 | 189 015.22 | 0.01 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 7 427.00 | 108 529.21 | 0.01 |
| EUR	NN GROUP N.V. EUR0.12 | 2 314.00 | 96 781.62 | 0.01 |
| EUR	OCI N.V. EUR0.02 | 637.00 | 26 615.90 | 0.00 |
| EUR	PROSUS N.V. EUR0.05 | 7 188.00 | 462 496.25 | 0.04 |
| EUR	QIAGEN NV EUR0.01 | 1 855.00 | 90 381.24 | 0.01 |
| EUR	RANDSTAD N.V. EUR0.10 | 1 002.00 | 56 744.01 | 0.00 |
| GBP	SHELL PLC ORD EUR0.07 | 63 766.00 | 1 855 947.43 | 0.15 |
| EUR	STMICROELECTRONICS EUR1.04 | 5 842.00 | 216 878.59 | 0.02 |
| EUR	UNIVERSAL MUSIC GR EUR10.00 | 6 231.00 | 144 354.36 | 0.01 |
| EUR	WOLTERS KLUWER EUR0.12 | 2 267.00 | 245 559.58 | 0.02 |
| Total The Netherlands |  | 7 849 704.06 | 0.64 |
| New Zealand |  |  |  |
| NZD	AUCKLAND INTL NPV | 11 779.00 | 58 820.13 | 0.01 |
| NZD	FISHER & PAYKEL HE NPV | 4 663.00 | 68 350.07 | 0.01 |
| NZD	MERCURY NZ LTD NPV | 5 494.00 | 18 767.78 | 0.00 |
| NZD	MERIDIAN ENERGY LT NPV | 11 071.00 | 33 658.99 | 0.00 |
| NZD	SPARK NEW ZEALAND NPV | 21 585.00 | 69 043.18 | 0.01 |
| AUD	XERO LIMITED NPV | 1 052.00 | 49 767.60 | 0.00 |
| Total New Zealand |  | 298 407.75 | 0.03 |
| Norway |  |  |  |
| NOK	ADEVINTA ASA SER’B’NOK0.2 | 2 223.00 | 17 222.36 | 0.00 |
| NOK	AKER BP ASA NOK1 | 2 815.00 | 96 466.86 | 0.01 |
| NOK	DNB BANK ASA NOK12.50 | 8 332.00 | 159 183.85 | 0.01 |
| NOK	EQUINOR ASA NOK2.50 | 8 441.00 | 320 924.18 | 0.03 |
| NOK	GJENSIDIGE FORSIKR NOK2 | 1 887.00 | 35 805.34 | 0.00 |
| NOK	KONGSBERG GRUPPEN NOK5 | 805.00 | 32 648.39 | 0.00 |
| NOK	MOWI ASA NOK7.50 | 3 003.00 | 46 274.60 | 0.00 |
| NOK	NORSK HYDRO ASA NOK3.6666 | 11 992.00 | 87 289.77 | 0.01 |
| NOK	ORKLA ASA NOK1.25 | 6 723.00 | 47 170.19 | 0.00 |
| NOK	SALMAR ASA NOK0.25 | 461.00 | 15 959.76 | 0.00 |
| NOK	TELENOR ASA ORD NOK6 | 5 823.00 | 55 653.75 | 0.01 |
| NOK	YARA INTERNATIONAL NOK1.7 | 1 431.00 | 64 581.32 | 0.01 |
| Total Norway |  | 979 180.37 | 0.08 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 21 805.00 | 101 458.42 | 0.01 |
| EUR	GALP ENERGIA EUR1-B | 5 122.00 | 62 152.53 | 0.01 |
| EUR	JERONIMO MARTINS EUR5 | 2 729.00 | 59 570.19 | 0.00 |
| Total Portugal |  | 223 181.14 | 0.02 |
| Singapore |  |  |  |
| SGD	CAPITALAND INVESTM NPV | 25 900.00 | 69 366.56 | 0.01 |
| SGD	CITY DEVELOPMENTS SGD0.50 | 2 700.00 | 16 334.38 | 0.00 |
| SGD	DBS GROUP HLDGS SGD1 | 15 200.00 | 390 343.72 | 0.03 |
| SGD	GENTING SINGAPORE LTD | 61 800.00 | 39 687.66 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | GRAB HLDGS LTD COM USD0.000001 CL A | 10 300.00 | 31 106.00 | 0.00 |
| SGD | JARDINE CYCLE & CA SGD1 | 300.00 | 6 613.88 | 0.00 |
| SGD | KEPPEL CORP NPV | 11 000.00 | 60 526.89 | 0.01 |
| SGD | MAPLETREE LOGISTICS TRUST-UNITS REIT | 23 747.00 | 27 900.95 | 0.00 |
| SGD | OVERSEA-CHINESE BK NPV | 27 887.00 | 253 166.66 | 0.02 |
| USD | SEA LTD ADS EACH REP ONE CL A SHS | 3 000.00 | 175 110.00 | 0.01 |
| SGD | SINGAPORE AIRLINES NPV | 13 700.00 | 54 987.96 | 0.01 |
| SGD | SINGAPORE EXCHANGE SGD0.01 | 7 400.00 | 48 872.51 | 0.00 |
| SGD | SINGAPORE TECH ENG NPV | 21 600.00 | 54 066.99 | 0.01 |
| SGD | SINGAPORE TELECOMM NPV | 79 000.00 | 156 812.38 | 0.01 |
| SGD | UOL GROUP LIMITED SGD1 | 2 300.00 | 11 178.57 | 0.00 |
| SGD | UTD O/S BANK SGD1 | 9 600.00 | 218 579.87 | 0.02 |
| SGD | VENTURE CORP LTD SGD0.25 | 1 800.00 | 22 724.95 | 0.00 |
| SGD | WILMAR INTERNATIONAL LTD | 24 600.00 | 73 604.32 | 0.01 |
| Total Singapore	1 710 984.25	0.14 |
| Spain |  |  |  |  |
| EUR | ACCIONA SA EUR1 | 179.00 | 34 354.89 | 0.00 |
| EUR | ACS ACTIVIDADES CO EUR0.5 | 2 296.00 | 63 971.91 | 0.01 |
| EUR | AENA SME S.A. EUR10 | 644.00 | 81 759.56 | 0.01 |
| EUR | AMADEUS IT GROUP EUR0.01 | 3 869.00 | 204 205.27 | 0.02 |
| EUR | BANCO SANTANDER SA EUR0.50(REGD) | 149 028.00 | 437 399.76 | 0.04 |
| EUR | BBVA(BILB-VIZ-ARG) EUR0.49 | 57 704.00 | 333 436.55 | 0.03 |
| EUR | CAIXABANK SA EUR1 | 37 807.00 | 138 661.45 | 0.01 |
| EUR | CELLNEX TELECOM SA EUR0.25 | 4 835.00 | 162 294.46 | 0.01 |
| EUR | CORP ACCIONA ENERG EUR1 | 205.00 | 7 991.42 | 0.00 |
| EUR | EDP RENOVAVEIS SA EUR5 | 2 760.00 | 62 662.44 | 0.01 |
| EUR | ENAGAS SA EUR1.50 | 2 423.00 | 42 986.13 | 0.00 |
| EUR | ENDESA SA EUR1.2 | 3 076.00 | 56 059.50 | 0.00 |
| EUR | FERROVIAL SA EUR0.2 | 4 021.00 | 105 989.70 | 0.01 |
| EUR | GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 2 935.00 | 30 688.65 | 0.00 |
| EUR | IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 52 668.00 | 584 595.15 | 0.05 |
| EUR | INDITEX EUR0.03 (POST SUBD) | 9 512.00 | 243 479.61 | 0.02 |
| EUR | NATURGY ENERGY GRO EUR1 | 1 074.00 | 29 614.51 | 0.00 |
| EUR | RED ELECTRICA CORP EUR0.5 | 3 592.00 | 62 116.35 | 0.00 |
| EUR | REPSOL SA EUR1 | 12 433.00 | 189 464.25 | 0.02 |
| EUR | SIEMENS GAMESA REN EUR0.17 | 2 036.00 | 37 797.50 | 0.00 |
| EUR | TELEFONICA SA EUR1 | 44 821.00 | 165 447.55 | 0.01 |
| Total Spain	3 074 976.61 | 0.25 |
| Sweden |  |  |  |  |
| SEK | ALFA LAVAL AB NPV | 2 630.00 | 73 421.39 | 0.01 |
| SEK | ASSA ABLOY SER’B’NPV (POST SPLIT) | 9 053.00 | 202 304.05 | 0.02 |
| SEK | ATLAS COPCO AB SER’A’NPV (POST SPLIT) | 23 368.00 | 283 033.34 | 0.02 |
| SEK | ATLAS COPCO AB SER’B’NPV (POST SPLIT) | 13 522.00 | 148 308.59 | 0.01 |
| SEK | BOLIDEN AB NPV (POST SPLIT) | 2 324.00 | 84 536.43 | 0.01 |
| SEK | ELECTROLUX AB SER’B’NPV (POST SPLIT) | 1 810.00 | 25 208.76 | 0.00 |
| SEK | EMBRACER GROUP AB SER’B’NPV (POST SPLIT) | 4 340.00 | 18 072.14 | 0.00 |
| SEK | EPIROC AB SER’A’NPV (POST SPLIT) | 5 696.00 | 106 775.30 | 0.01 |
| SEK | EPIROC AB SER’B’NPV | 3 124.00 | 50 886.06 | 0.01 |
| SEK | EQT AB NPV | 2 965.00 | 65 395.83 | 0.01 |
| SEK | ERICSSON SER’B’ NPV | 25 087.00 | 153 197.31 | 0.01 |
| SEK | ESSITY AB SER’B’NPV | 5 348.00 | 128 185.90 | 0.01 |
| SEK | EVOLUTION AB NPV | 1 580.00 | 158 091.86 | 0.01 |
| SEK | FASTIGHETS AB BALD SER’B’NPV (POST SPLIT) | 3 672.00 | 15 863.86 | 0.00 |
| SEK | GETINGE AB SER’B’NPV | 1 678.00 | 38 048.39 | 0.00 |
| SEK | HENNES & MAURITZ SER’B’NPV | 6 107.00 | 66 809.45 | 0.01 |
| SEK | HEXAGON AB SER’B’NPV (POST SPLIT) | 17 141.00 | 189 914.40 | 0.02 |
| SEK | HOLMEN AB SER’B’NPV (POST SPLIT) | 756.00 | 30 477.35 | 0.00 |
| SEK | HUSQVARNA AB SER’B’NPV | 2 989.00 | 22 687.00 | 0.00 |
| SEK | INDUSTRIVARDEN AB SER’C’NPV | 1 298.00 | 32 389.75 | 0.00 |
| SEK | INDUSTRIVARDEN AB SER’A’NPV | 766.00 | 19 250.92 | 0.00 |
| SEK | INDUTRADE AB NPV | 2 426.00 | 50 754.95 | 0.01 |
| SEK | INVESTOR AB SER’A’NPV (POST SPLIT) | 4 438.00 | 83 214.06 | 0.01 |
| SEK | INVESTOR AB SER’B’NPV (POST SPLIT) | 15 802.00 | 285 994.30 | 0.02 |
| SEK | KINNEVIK AB SER’B’NPV (POST SPLIT) | 1 959.00 | 29 273.49 | 0.00 |
| SEK | LATOUR INVESTMENT SER’B’NPV (POST SPLIT) | 987.00 | 18 946.24 | 0.00 |
| SEK | LIFCO AB SER’B’NPV (POST SPLIT) | 2 104.00 | 35 415.89 | 0.00 |
| SEK | LUNDBERGFORETAGEN SER’B’NPV | 581.00 | 24 670.08 | 0.00 |
| SEK | NIBE INDUSTRIER AB SER’B’NPV (POST SPLIT) | 13 720.00 | 126 060.65 | 0.01 |
| SEK | SAGAX AB NPV B | 2 116.00 | 45 777.42 | 0.01 |
| SEK | SANDVIK AB NPV (POST SPLIT) | 9 129.00 | 163 510.10 | 0.01 |
| SEK | SECURITAS SER’B’NPV | 3 964.00 | 31 737.87 | 0.00 |
| SEK | SKAND ENSKILDA BKN SER’A’NPV | 13 673.00 | 153 542.05 | 0.01 |
| SEK | SKANSKA AB SER’B’NPV | 2 524.00 | 39 870.20 | 0.00 |
| SEK | SKF AB SER’B’NPV | 3 629.00 | 58 992.77 | 0.01 |
| SEK | SVENSKA CELLULOSA SER’B’NPV | 5 160.00 | 68 275.47 | 0.01 |
| SEK | SVENSKA HANDELSBKN SER’A’NPV (P/S) | 12 796.00 | 126 774.45 | 0.01 |
| SEK | SWEDBANK AB SER’A’NPV | 7 940.00 | 125 982.11 | 0.01 |
| SEK | SWEDISH ORPHAN BIOVITRUM AB NPV | 1 662.00 | 35 394.53 | 0.00 |
| SEK | TELE2 AB SHS | 5 137.00 | 44 713.55 | 0.00 |
| SEK | TELIA COMPANY AB NPV | 26 173.00 | 70 244.31 | 0.01 |
| SEK | VOLVO AB SER’A’NPV (POST SPLIT) | 1 680.00 | 31 476.96 | 0.00 |
| SEK | VOLVO AB SER’B’NPV (POST SPLIT) | 13 839.00 | 249 143.01 | 0.02 |
| SEK | VOLVO CAR AB SER’B’NPV (WI) | 5 632.00 | 27 241.56 | 0.00 |
| Total Sweden |  | 3 839 864.10 | 0.31 |
| Switzerland |  |  |  |
| CHF	ABB LTD CHF0.12 (REGD) | 14 313.00 | 441 070.25 | 0.04 |
| CHF	ADECCO GROUP AG CHF0.1 (REGD) | 1 195.00 | 39 948.31 | 0.00 |
| CHF	ALCON AG CHF0.04 | 4 252.00 | 285 891.49 | 0.02 |
| CHF	BACHEM HOLDING AG CHF0.01 (REGD) (SUBD) | 330.00 | 31 432.69 | 0.00 |
| CHF	BALOISE-HLDGS CHF0.1(REGD) | 389.00 | 58 099.92 | 0.00 |
| CHF	BARRY CALLEBAUT AG CHF0.02 (REGD) | 29.00 | 58 532.67 | 0.01 |
| CHF	BKW AG CHF2.5 | 68.00 | 8 728.84 | 0.00 |
| CHF	BQE CANT VAUDOISE CHF1 | 86.00 | 7 983.94 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| CHF | CLARIANT CHF4.00(REGD) | 1 803.00 | 28 764.73 | 0.00 |
| GBP | COCA-COLA HBC AG ORD CHF6.70 | 1 840.00 | 44 153.81 | 0.00 |
| CHF | CREDIT SUISSE GRP CHF0.04(REGD) | 24 357.00 | 72 144.27 | 0.01 |
| CHF | EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 51.00 | 34 901.08 | 0.00 |
| CHF | GEBERIT CHF0.10(REGD) | 283.00 | 132 715.19 | 0.01 |
| CHF | GIVAUDAN AG CHF10 | 78.00 | 259 194.96 | 0.02 |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 84 907.00 | 569 787.24 | 0.05 |
| CHF | HOLCIM LTD CHF2 (REGD) | 4 679.00 | 239 462.65 | 0.02 |
| CHF | JULIUS BAER GRUPPE CHF0.02 (REGD) | 1 802.00 | 101 831.20 | 0.01 |
| CHF | KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 489.00 | 117 329.20 | 0.01 |
| CHF | LINDT & SPRUENGLI CHF100(REGD) | 1.00 | 101 705.59 | 0.01 |
| CHF | LINDT & SPRUENGLI PTG CERT CHF10 | 11.00 | 114 531.62 | 0.01 |
| CHF | LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 1 454.00 | 85 248.43 | 0.01 |
| CHF | LONZA GROUP AG CHF1(REGD) | 664.00 | 341 635.06 | 0.03 |
| CHF | NESTLE SA CHF0.10(REGD) | 24 069.00 | 2 838 007.31 | 0.23 |
| CHF | NOVARTIS AG CHF0.50(REGD) | 18 718.00 | 1 643 411.91 | 0.13 |
| CHF | PARTNERS GROUP HLG CHF0.01 (REGD) | 197.00 | 191 262.14 | 0.02 |
| CHF | RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 4 506.00 | 586 690.42 | 0.05 |
| CHF | ROCHE HLDGS AG CHF1(BR) | 261.00 | 103 660.35 | 0.01 |
| CHF | ROCHE HLDGS AG GENUSSCHEINE NPV | 6 089.00 | 1 967 141.64 | 0.16 |
| CHF | SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 228.00 | 40 395.07 | 0.00 |
| CHF | SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 301.00 | 55 966.57 | 0.00 |
| CHF | SGS LTD CHF1(REGD) | 52.00 | 120 073.47 | 0.01 |
| CHF | SIG COMBIBLOC GROU CHF0.1 | 2 764.00 | 60 052.27 | 0.01 |
| CHF | SIKA AG CHF0.01 (REG) | 1 287.00 | 320 145.89 | 0.03 |
| CHF | SONOVA HOLDING AG CHF0.05 (REGD) | 445.00 | 113 030.70 | 0.01 |
| CHF | STRAUMANN HLDG CHF0.01 (REGD) (POST SPLIT) | 1 069.00 | 120 728.84 | 0.01 |
| CHF | SWATCH GROUP CHF0.45(REGD) | 612.00 | 29 008.58 | 0.00 |
| CHF | SWATCH GROUP CHF2.25(BR) | 292.00 | 76 559.01 | 0.01 |
| CHF | SWISS LIFE HLDG CHF5.1(REGD) | 257.00 | 135 304.33 | 0.01 |
| CHF | SWISS PRIME SITE CHF15.3 (REGD) | 700.00 | 57 675.15 | 0.00 |
| CHF | SWISS RE AG CHF0.10 | 2 622.00 | 231 776.27 | 0.02 |
| CHF | SWISSCOM AG CHF1(REGD) | 207.00 | 110 414.48 | 0.01 |
| CHF | TEMENOS AG CHF5 (REGD) | 450.00 | 26 950.41 | 0.00 |
| CHF | UBS GROUP CHF0.10 (REGD) | 29 931.00 | 541 129.87 | 0.04 |
| CHF | VAT GROUP AG CHF0.10 | 291.00 | 79 045.71 | 0.01 |
| CHF | ZURICH INSURANCE GRP CHF0.10 | 1 335.00 | 634 606.66 | 0.05 |
| Total Switzerland |  | 13 258 130.19 | 1.08 |
| United Arab Emirates |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 3 082.00 | 0.04 | 0.00 |
| Total United Arab Emirates |  | 0.04 | 0.00 |
| United Kingdom |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 9 110.00 | 146 300.10 | 0.01 |
| GBP	ABRDN PLC ORD GBP0.1396825396 | 13 422.00 | 31 073.40 | 0.00 |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 1 556.00 | 37 542.60 | 0.00 |
| GBP	ANGLO AMERICAN USD0.54945 | 10 933.00 | 443 660.24 | 0.04 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 3 397.00 | 56 980.69 | 0.01 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 3 792.00 | 224 665.67 | 0.02 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 2 949.00 | 55 524.15 | 0.00 |
| GBP	ASTRAZENECA ORD USD0.25 | 13 440.00 | 1 787 196.02 | 0.15 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 9 277.00 | 62 509.47 | 0.01 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 1 022.00 | 38 715.94 | 0.00 |
| GBP	AVIVA ORD GBP0.33 | 25 907.00 | 137 078.31 | 0.01 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 27 362.00 | 268 047.55 | 0.02 |
| GBP	BARCLAYS ORD GBP0.25 | 145 381.00 | 279 161.63 | 0.02 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 7 188.00 | 34 043.88 | 0.00 |
| GBP	BERKELEY GP HLDGS ORD GBP0.053943 | 1 060.00 | 48 108.31 | 0.00 |
| GBP	BP ORD USD0.25 | 168 165.00 | 996 331.81 | 0.08 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 18 632.00 | 752 423.86 | 0.06 |
| GBP	BRITISH LAND CO PLC REIT | 6 967.00 | 32 715.07 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 60 035.00 | 86 795.76 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 2 857.00 | 103 705.19 | 0.01 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 3 407.00 | 88 329.52 | 0.01 |
| USD	COCA-COLA EUROPACI COM EUR0.01 | 1 773.00 | 94 128.57 | 0.01 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 15 446.00 | 344 347.69 | 0.03 |
| GBP	CRODA INTL ORD GBP0.10609756 | 1 178.00 | 95 311.68 | 0.01 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 19 804.00 | 898 100.94 | 0.07 |
| GBP	GSK PLC ORD GBP0.3125 | 35 155.00 | 588 972.15 | 0.05 |
| GBP	HALEON PLC ORD GBP1.25 | 43 642.00 | 147 656.02 | 0.01 |
| GBP	HALMA ORD GBP0.10 | 3 800.00 | 98 292.12 | 0.01 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 2 813.00 | 28 260.62 | 0.00 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 1 304.00 | 23 511.41 | 0.00 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 174 465.00 | 1 059 005.57 | 0.09 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 7 819.00 | 197 872.50 | 0.02 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 12 410.00 | 90 773.04 | 0.01 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 1 573.00 | 89 861.52 | 0.01 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 1 350.00 | 65 032.07 | 0.01 |
| GBP	JD SPORTS FASHION ORD GBP0.0005 | 23 288.00 | 34 958.30 | 0.00 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 1 737.00 | 43 212.91 | 0.00 |
| GBP	KINGFISHER ORD GBP0.157142857 | 16 569.00 | 47 573.91 | 0.00 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 5 308.00 | 38 825.41 | 0.00 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 56 222.00 | 168 458.22 | 0.01 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 608 593.00 | 339 954.97 | 0.03 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 2 850.00 | 279 942.48 | 0.02 |
| GBP	M&G PLC ORD GBP0.05 | 25 327.00 | 57 971.21 | 0.01 |
| GBP	MELROSE INDUST PLC ORD GBP0.076190476 | 34 629.00 | 54 498.23 | 0.00 |
| GBP	MONDI ORD EUR0.20 | 4 421.00 | 81 238.47 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 31 750.00 | 383 593.36 | 0.03 |
| GBP	NATWEST GROUP PLC ORD GBP1.0769 | 46 692.00 | 145 630.81 | 0.01 |
| GBP	NEXT ORD GBP0.10 | 1 138.00 | 79 146.26 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| GBP | OCADO GROUP PLC ORD GBP0.02 | 5 449.00 | 40 401.84 | 0.00 |
| GBP | PEARSON ORD GBP0.25 | 6 076.00 | 72 011.76 | 0.01 |
| GBP | PERSIMMON ORD GBP0.10 | 2 624.00 | 39 749.00 | 0.00 |
| GBP | PHOENIX GP HLDGS ORD GBP0.10 | 7 190.00 | 50 416.42 | 0.00 |
| GBP | PRUDENTIAL ORD GBP0.05 | 23 781.00 | 277 373.84 | 0.02 |
| GBP | RECKITT BENCK GRP ORD GBP0.10 | 6 203.00 | 439 387.84 | 0.04 |
| GBP | RELX PLC GBP0.1444 | 16 849.00 | 463 913.76 | 0.04 |
| GBP | RENTOKIL INITIAL ORD GBP0.01 | 21 549.00 | 138 937.88 | 0.01 |
| GBP | RIO TINTO ORD GBP0.10 | 9 681.00 | 643 900.40 | 0.05 |
| GBP | ROLLS-ROYCE HLDGS ORD GBP0.20 | 68 975.00 | 74 683.80 | 0.01 |
| GBP | SAGE GROUP GBP0.01051948 | 8 313.00 | 78 863.02 | 0.01 |
| GBP | SAINSBURY(J) ORD GBP0.28571428 | 16 772.00 | 44 461.62 | 0.00 |
| GBP | SCHRODERS PLC ORD GBP0.20 | 6 888.00 | 36 289.71 | 0.00 |
| GBP | SEVERN TRENT ORD GBP0.9789 | 2 097.00 | 67 727.25 | 0.01 |
| GBP | SMITH & NEPHEW ORD USD0.20 | 8 814.00 | 113 940.51 | 0.01 |
| GBP | SMITHS GROUP ORD GBP0.375 | 3 130.00 | 59 211.61 | 0.01 |
| GBP | SPIRAX-SARCO ENG ORD GBP0.269230769 | 624.00 | 83 266.78 | 0.01 |
| GBP | SSE PLC ORD GBP0.50 | 9 196.00 | 187 106.66 | 0.02 |
| GBP | ST JAMES’S PLACE ORD GBP0.15 | 4 540.00 | 62 149.86 | 0.01 |
| GBP | STANDARD CHARTERED ORD USD0.50 | 21 874.00 | 160 831.14 | 0.01 |
| EUR | STELLANTIS N V COM EUR0.01 | 18 984.00 | 291 092.07 | 0.02 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 24 350.00 | 29 984.36 | 0.00 |
| GBP | TESCO ORD GBP0.0633333 | 64 283.00 | 174 161.78 | 0.01 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 4 475.00 | 220 845.26 | 0.02 |
| EUR | UNILEVER PLC ORD GBP0.031111 | 17 776.00 | 878 638.32 | 0.07 |
| GBP | UNITED UTILITIES G ORD GBP0.05 | 5 382.00 | 65 632.50 | 0.01 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 229 396.00 | 250 895.58 | 0.02 |
| GBP | WHITBREAD ORD GBP0.76797385 | 1 977.00 | 60 837.94 | 0.00 |
| GBP | WPP PLC ORD GBP0.10 | 10 175.00 | 104 888.28 | 0.01 |
| Total United Kingdom |  | 16 498 640.40 | 1.35 |
| United States |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 1 223.00 | 8 506.96 | 0.00 |
| CAD	BROOKFIELD RENEWA. CLASS A SUB VOTING SHARES | 1 300.00 | 42 019.62 | 0.00 |
| Total United States |  | 50 526.58 | 0.00 |
| Total Equities |  | 139 474 709.85 | 11.37 |
| Certificates on investment funds |  |  |  |
| Ireland |  |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 30.06.23 | 51 400 000.00 | 87 241 220.00 | 7.12 |
| Total Ireland |  | 87 241 220.00 | 7.12 |
| Total Certificates on investment funds |  | 87 241 220.00 | 7.12 |
| Certificates on commodities |  |  |  |
| United Kingdom |  |  |  |
| USD	UBS AG/LONDON/UBS ETC CMCI COMPOSITE USD 16-PRP | 5 115.00 | 750 396.08 | 0.06 |
| Total United Kingdom |  | 750 396.08 | 0.06 |
| Total Certificates on commodities |  | 750 396.08 | 0.06 |
| Investment funds, closed end |  |  |  |
| Canada |  |  |  |
| CAD	CANADIAN APARTMENT PROP. REAL ESTATE INVESTMENT TRUST | 700.00 | 22 563.99 | 0.00 |
| CAD	RIOCAN REAL ESTATE INVESTMENT TRUST | 1 255.00 | 19 569.74 | 0.00 |
| Total Canada |  | 42 133.73 | 0.00 |
| Singapore |  |  |  |
| SGD	CAPITALAND ASCENDAS REIT- UNITS REAL ESTATE INVESTMENT TRUST | 38 600.00 | 78 591.55 | 0.01 |
| SGD	CAPITALAND INTEGRATED COMMERCIAL TRUST REAL ESTATE INV TRUST | 56 635.10 | 85 554.00 | 0.01 |
| SGD	MAPLETREE COMMERCIAL REAL ESTATE INVESTMENT TRUST | 19 100.00 | 23 834.93 | 0.00 |
| Total Singapore |  | 187 980.48 | 0.02 |
| United Kingdom |  |  |  |
| GBP	SEGRO PLC REIT | 9 432.00 | 88 827.16 | 0.01 |
| Total United Kingdom |  | 88 827.16 | 0.01 |
| Total Investment funds, closed end |  | 318 941.37 | 0.03 |
| Rights |  |  |  |
| Switzerland |  |  |  |
| CHF	CREDIT SUISSE GROUP AG RIGHTS 08.12.22 | 24 357.00 | 2 249.72 | 0.00 |
| Total Switzerland |  | 2 249.72 | 0.00 |
| Total Rights |  | 2 249.72 | 0.00 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 227 787 517.02 | 18.58 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury bills, zero coupon |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 27.01.22-26.01.23 | 7 200 000.00 | 7 154 583.98 | 0.58 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 19.05.22-18.05.23 | 10 100 000.00 | 9 888 936.97 | 0.81 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 16.06.22-15.06.23 | 7 100 000.00 | 6 931 751.73 | 0.57 |
| Total USD |  | 23 975 272.68 | 1.96 |
| Total Treasury bills, zero coupon | 23 975 272.68 | 1.96 |
| Total Transferable securities and money market instruments traded on another regulated market | 23 975 272.68 | 1.96 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Ireland |  |  |  |  |
| EUR | AMBIENTA X ICAV-AMBIENTA X ALPHA FUND - ACCUM-F- EUR | 14 498.89 | 1 559 738.57 | 0.13 |
| EUR | KEPLER LIQUID STRATEGIES ICAV - KLS ARETE MACRO FUND-SI- EUR | 20 462.35 | 2 297 518.09 | 0.19 |
| USD | MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP | 161 086.63 | 21 878 786.22 | 1.79 |
| EUR | MERIAN GLOBAL FUNDS PLC-MER GBL EQ AB RETRN-I-ACC-EUR HDG | 1 201 515.74 | 2 090 272.90 | 0.17 |
| USD | SOURCE MARKETS PLC - MSCI USA SOURCE ETF-A | 541 792.00 | 59 881 560.80 | 4.88 |
| EUR | TAGES INTERNATIONAL FUNDS ICAV ACCUM SHS INSTIT. FD EUR | 16 283.16 | 1 731 417.00 | 0.14 |
| USD | UBS (IRL) ETF PLC-MSCI USA UCITS-ACC-A-USD-ETF | 1 776 709.00 | 39 274 152.45 | 3.20 |
| USD | UBS IRL FND SOLUTIONS PLC-MSCI USA SF INDEX-SHS-A-USD-ACC | 1 141 623.00 | 130 635 463.24 | 10.66 |
| USD | UBS(IRL)FUND SOLUTION PLC-MSCI USA SF UCITS SHS-A-ETF-ACC | 875 616.00 | 96 773 080.32 | 7.89 |
| Total Ireland |  | 356 121 989.59 | 29.05 |
| Luxembourg |  |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 3 588.33 | 33 815 038.34 | 2.76 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP | 142 523.70 | 17 393 592.35 | 1.42 |
| EUR	DB PLATINUM IV SYSTEMATIC ALPHA-SHS I1C-E-CAPITALISATION | 15 338.57 | 2 141 421.91 | 0.17 |
| USD	FOCUSED SICAV - HIGH GRADE BOND USD U-X-ACC | 6 460.50 | 61 063 418.51 | 4.98 |
| USD	FOCUSED SICAV - HIGH GRADE LONG TERM BOND USD U-X-ACC | 13 966.00 | 123 453 993.26 | 10.07 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP | 982 592.33 | 12 508 400.39 | 1.02 |
| EUR	LUMYNA-MW ESG MRKT NUTRL TOPS UCITS FD-SHS-B-CAPITALISATION | 15 411.34 | 1 721 296.70 | 0.14 |
| EUR	SCHRODER GAIA WELLINGTON PAGOSA-E-EUR HEDGED- CAPITALISATION | 23 234.36 | 2 575 817.27 | 0.21 |
| USD	UBS (LUX) BD SICAV-USD INVES GRA CORPOR SUSTAI (USD) F-ACC | 828.09 | 87 316 286.14 | 7.12 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC | 252 900.00 | 30 014 172.00 | 2.45 |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC | 134 923.00 | 43 769 021.20 | 3.57 |
| USD	UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC | 381 504.00 | 40 752 257.28 | 3.32 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 36 160.00 | 61 863 974.40 | 5.05 |
| USD	UBS (LUX) FD SOL - SICAV-BARCLAYS TIPS 1-10 UCITS ETF-A-ACC | 3 425 444.00 | 47 606 820.71 | 3.88 |
| USD	UBS (LUX) MONEY MARKET FUND - USD SUSTAINABLE U-X-ACC | 2.00 | 22 755.92 | 0.00 |
| Total Luxembourg |  | 566 018 266.38 | 46.16 |
| Total Investment funds, open end |  | 922 140 255.97 | 75.21 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  | 922 140 255.97 | 75.21 |
| Total investments in securities |  | 1 173 903 045.67 | 95.75 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange |
| Financial Futures on bonds |
|  |  |  |  |
| USD	US 10YR ULTRA NOTE FUTURE 22.03.23 | -1.00 | -39.06 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.23 | -1.00 | -304.69 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 31.03.23 | 1.00 | 453.13 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 31.03.23 | 1.00 | 375.00 | 0.00 |
| USD	US LONG BOND FUTURE 22.03.23 | -1.00 | 554.69 | 0.00 |
| Total Financial Futures on bonds |  | 1 039.07 | 0.00 |
| Financial Futures on Indices |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 16.12.22 | -61.00 | -298 927.99 | -0.02 |
| CHF	SWISS MARKET INDEX FUTURE 16.12.22 | -8.00 | -49 603.78 | 0.00 |
| GBP	FTSE 100 INDEX FUTURE 16.12.22 | -14.00 | -52 268.60 | 0.00 |
| SEK	OMX 30 INDEX FUTURE 16.12.22 | -13.00 | -883.83 | 0.00 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 16.12.22 | 1 044.00 | 1 752 265.00 | 0.14 |
| USD	S&P500 EMINI FUTURE 16.12.22 | -85.00 | -977 012.50 | -0.09 |
| HKD	HANG SENG INDEX FUTURE 29.12.22 | -3.00 | -16 469.16 | 0.00 |
| CAD	S&P/TSX 60 IX FUTURE 15.12.22 | -6.00 | -51 869.88 | 0.00 |
| JPY	TOPIX INDX FUTURE 08.12.22 | -12.00 | -50 738.14 | 0.00 |
| AUD	SPI 200 INDEX FUTURES 15.12.22 | -6.00 | -61 495.20 | -0.02 |
| Total Financial Futures on Indices |  | 192 995.92 | 0.01 |
| Total Derivative instruments listed on an official stock exchange |  | 194 034.99 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Semi-Annual Report as of 30 November 2022
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Derivative instruments not listed on an official stock exchange and not traded on another regulated market
Swaps and forward swaps on indices
| USD USD | UBS/CMCI EXCESS RETURN INDEX TRS EQS REC PERF 22-03.04.23 UBS/CMCI COMPOSITE USD INDEX SWAP PAY 0.380% 22-03.04.23 | 47 158 585.27 | 2 046 280.17 | 0.17 |
| --- | --- | --- | --- | --- |
| Total Swaps and forward swaps on indices | 2 046 280.17 | 0.17 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | 2 046 280.17 | 0.17 |
| Total Derivative instruments | 2 240 315.16 | 0.18 |
| Forward Foreign Exchange contracts |  |  |
| Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |

| USD | 7 593 716.91 | AUD | 12 090 000.00 | 12.1.2023 | -518 464.16 | -0.04 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 21 618 595.15 | JPY | 3 114 729 795.00 | 12.1.2023 | -833 581.35 | -0.07 |
| USD | 20 060 677.67 | GBP | 18 108 679.70 | 12.1.2023 | -1 538 361.88 | -0.13 |
| USD | 10 098 924.32 | CAD | 13 962 782.87 | 12.1.2023 | -208 206.73 | -0.02 |
| USD | 2 499 026.76 | DKK | 19 000 000.00 | 12.1.2023 | -141 166.12 | -0.01 |
| USD | 2 931 566.12 | HKD | 22 977 013.14 | 12.1.2023 | -11 029.61 | 0.00 |
| USD | 379 156.59 | ILS | 1 350 000.00 | 12.1.2023 | -12 980.66 | 0.00 |
| USD | 1 183 176.04 | SGD | 1 700 000.00 | 12.1.2023 | -57 791.93 | 0.00 |
| USD | 306 910.89 | NZD | 550 000.00 | 12.1.2023 | -34 921.55 | 0.00 |
| USD | 3 519 436.71 | SEK | 39 600 852.13 | 12.1.2023 | -205 927.12 | -0.02 |
| USD | 63 667 538.90 | EUR | 65 058 688.84 | 12.1.2023 | -3 561 608.84 | -0.29 |
| USD | 558 645.29 | NOK | 6 000 000.00 | 12.1.2023 | -43 972.27 | 0.00 |
| USD | 10 547 177.18 | CHF | 10 406 161.42 | 12.1.2023 | -436 763.30 | -0.04 |
| USD | 414 559.69 | HKD | 3 250 000.00 | 12.1.2023 | -1 657.86 | 0.00 |
| AUD | 1 500 000.00 | USD | 962 068.50 | 12.1.2023 | 44 405.58 | 0.00 |
| JPY | 220 000 000.00 | USD | 1 515 521.00 | 12.1.2023 | 70 324.05 | 0.01 |
| AUD | 1 100 000.00 | USD | 715 651.20 | 12.1.2023 | 22 429.79 | 0.00 |
| GBP | 1 700 000.00 | USD | 1 962 311.70 | 12.1.2023 | 65 355.02 | 0.00 |
| HKD | 9 400 000.00 | USD | 1 198 420.13 | 12.1.2023 | 5 409.09 | 0.00 |
| CAD | 1 400 000.00 | USD | 1 027 360.59 | 12.1.2023 | 6 099.83 | 0.00 |
| JPY | 165 000 000.00 | USD | 1 120 640.78 | 12.1.2023 | 68 743.01 | 0.01 |
| EUR | 1 500 000.00 | USD | 1 491 571.50 | 12.1.2023 | 58 470.83 | 0.00 |
| EUR | 2 000 000.00 | USD | 2 062 266.60 | 12.1.2023 | 4 456.51 | 0.00 |
| USD | 415 678.44 | HKD | 3 250 000.00 | 16.2.2023 | -583.80 | 0.00 |
| USD | 415 563.09 | HKD | 3 250 000.00 | 12.1.2023 | -654.46 | 0.00 |
| USD | 6 253 562.00 | AUD | 9 200 000.00 | 16.2.2023 | 71 613.44 | 0.01 |
| AUD | 51 381 300.00 | USD | 34 887 013.80 | 12.1.2023 | -411 049.42 | -0.03 |
| USD | 7 780 710.09 | GBP | 6 515 000.00 | 16.2.2023 | 3 477.34 | 0.00 |
| USD | 30 668 861.03 | EUR | 29 203 227.00 | 16.2.2023 | 419 171.77 | 0.03 |
| USD | 9 312 453.71 | CAD | 12 321 531.00 | 16.2.2023 | 212 428.20 | 0.02 |
| CHF | 179 861 800.00 | USD | 192 630 299.40 | 12.1.2023 | -2 782 071.34 | -0.23 |
| USD | 12 202 754.15 | JPY | 1 681 635 924.00 | 16.2.2023 | 26 442.01 | 0.00 |
| EUR | 162 564 600.00 | USD | 170 210 500.83 | 12.1.2023 | -2 222 493.31 | -0.18 |
| CAD | 32 582 000.00 | USD | 24 594 353.94 | 12.1.2023 | -542 777.19 | -0.04 |
| SGD | 48 475 100.00 | USD | 35 452 818.78 | 12.1.2023 | -66 909.02 | -0.01 |
| USD | 1 244 380.34 | SGD | 1 700 000.00 | 16.2.2023 | 2 778.98 | 0.00 |
| USD | 2 682 782.19 | DKK | 19 000 000.00 | 16.2.2023 | 35 274.34 | 0.00 |
| USD | 1 525 394.06 | HKD | 11 927 013.00 | 16.2.2023 | -2 225.97 | 0.00 |
| USD | 398 075.44 | ILS | 1 350 000.00 | 16.2.2023 | 5 001.68 | 0.00 |
| SEK | 29 187 700.00 | USD | 2 813 767.24 | 12.1.2023 | -67 997.99 | -0.01 |
| USD | 3 826 038.88 | SEK | 39 600 853.00 | 16.2.2023 | 93 204.60 | 0.01 |
| USD | 605 331.95 | NOK | 6 000 000.00 | 16.2.2023 | 1 959.81 | 0.00 |
| USD | 4 287 971.79 | CHF | 3 985 000.00 | 16.2.2023 | 65 672.97 | 0.01 |
| USD | 339 842.80 | NZD | 550 000.00 | 16.2.2023 | -2 151.65 | 0.00 |
| GBP | 27 333 400.00 | USD | 32 623 273.90 | 12.1.2023 | -21 494.13 | 0.00 |
| USD | 623 444.32 | CHF | 584 100.00 | 12.1.2023 | 6 913.46 | 0.00 |
| AUD | 1 267 100.00 | USD | 844 341.46 | 12.1.2023 | 5 860.74 | 0.00 |
| CAD | 714 800.00 | USD | 535 539.02 | 12.1.2023 | -7 883.66 | 0.00 |
| USD | 509 141.35 | EUR | 490 900.00 | 12.1.2023 | 1 864.16 | 0.00 |
| USD | 98 417.37 | SGD | 135 200.00 | 12.1.2023 | -276.08 | 0.00 |
| SEK | 9 000 000.00 | USD | 843 711.85 | 12.1.2023 | 2 943.53 | 0.00 |
| SEK | 9 000 000.00 | USD | 845 500.95 | 16.2.2023 | 2 852.20 | 0.00 |
| GBP | 1 900 000.00 | USD | 2 243 537.29 | 12.1.2023 | 22 678.46 | 0.00 |
| GBP | 1 800 000.00 | USD | 2 127 267.54 | 16.2.2023 | 21 469.06 | 0.00 |
| USD | 533 466.97 | CHF | 500 100.00 | 12.1.2023 | 5 600.03 | 0.00 |
| GBP | 677 700.00 | USD | 821 020.88 | 12.1.2023 | -12 697.50 | 0.00 |
| CHF | 4 068 700.00 | USD | 4 325 875.46 | 12.1.2023 | -31 269.90 | 0.00 |
| SGD | 1 243 700.00 | USD | 904 407.99 | 12.1.2023 | 3 469.58 | 0.00 |
| EUR | 3 951 600.00 | USD | 4 127 713.33 | 12.1.2023 | -44 281.82 | 0.00 |
| USD | 549 549.67 | CHF | 518 200.00 | 12.1.2023 | 2 577.76 | 0.00 |
| USD | 218 493.92 | SGD | 300 200.00 | 12.1.2023 | -646.42 | 0.00 |
| USD | 291 295.14 | SGD | 398 600.00 | 12.1.2023 | 324.65 | 0.00 |
| Total Forward Foreign Exchange contracts | -12 464 624.56 | -1.02 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 65 118 582.37 | 5.31 |
| Bank overdraft and other short-term liabilities | -612.34 | 0.00 |
| Other assets and liabilities | -2 726 289.05 | -0.22 |
| Total net assets | 1 226 070 417.25 | 100.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Semi-Annual Report as of 30 November 2022

Translation (ENFR, 2022-11-30):
# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Medium (USD)
| Données principales |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Actif net en USD |  | 1 226 070 417.25 | 1 585 129 803.36 | 1 930 791 077.91 |
| Catégorie K-1-4%-mdist | LU1717044132 |  |  |  |
| Actions en circulation |  | 1.0500 | 1.1000 | 7.5000 |
| Valeur nette d’inventaire par action en USD |  | 4 278 223.45 | 4 599 969.38 | 5 277 174.71 |
| Prix d’émission et de rachat par action en USD 1 |  | 4 278 223.45 | 4 599 969.38 | 5 277 174.71 |
| Catégorie K-1-acc | LU1616912835 |  |  |  |
| Actions en circulation |  | 19.9260 | 23.7000 | 21.0000 |
| Valeur nette d’inventaire par action en USD |  | 5 396 528.99 | 5 687 251.62 | 6 267 187.70 |
| Prix d’émission et de rachat par action en USD 1 |  | 5 396 528.99 | 5 687 251.62 | 6 267 187.70 |
| Catégorie (EUR hedged) K-1-acc | LU1622991153 |  |  |  |
| Actions en circulation |  | 6.9000 | 7.2000 | 4.5000 |
| Valeur nette d’inventaire par action en EUR |  | 2 916 077.24 | 3 113 817.10 | 3 473 137.05 |
| Prix d’émission et de rachat par action en EUR 1 |  | 2 916 077.24 | 3 113 817.10 | 3 473 137.05 |
| Catégorie P-4%-mdist | LU1599187181 |  |  |  |
| Actions en circulation |  | 916 168.5020 | 1 030 999.8560 | 1 228 616.5450 |
| Valeur nette d’inventaire par action en USD |  | 85.46 | 92.07 | 106.07 |
| Prix d’émission et de rachat par action en USD 1 |  | 85.46 | 92.07 | 106.07 |
| Catégorie (HKD) P-4%-mdist | LU1647379426 |  |  |  |
| Actions en circulation |  | 138 244.4220 | 162 518.3640 | 194 031.7120 |
| Valeur nette d’inventaire par action en HKD |  | 843.74 | 914.02 | 1 042.26 |
| Prix d’émission et de rachat par action en HKD 1 |  | 843.74 | 914.02 | 1 042.26 |
| Catégorie P-acc | LU1599186969 |  |  |  |
| Actions en circulation |  | 3 361 314.9410 | 4 333 907.9500 | 4 457 096.7330 |
| Valeur nette d’inventaire par action en USD |  | 105.82 | 111.79 | 123.78 |
| Prix d’émission et de rachat par action en USD 1 |  | 105.82 | 111.79 | 123.78 |
| Catégorie (HKD) P-acc | LU1603467017 |  |  |  |
| Actions en circulation |  | 165 153.6530 | 285 278.8970 | 337 205.7930 |
| Valeur nette d’inventaire par action en HKD |  | 1 059.98 | 1 125.51 | 1 232.86 |
| Prix d’émission et de rachat par action en HKD 1 |  | 1 059.98 | 1 125.51 | 1 232.86 |
| Catégorie (AUD hedged) P-acc | LU1603467363 |  |  |  |
| Actions en circulation |  | 516 893.7980 | 532 833.0090 | 512 914.2680 |
| Valeur nette d’inventaire par action en AUD |  | 102.23 | 108.41 | 120.84 |
| Prix d’émission et de rachat par action en AUD 1 |  | 102.23 | 108.41 | 120.84 |
| Catégorie (CAD hedged) P-acc | LU1603467108 |  |  |  |
| Actions en circulation |  | 234 936.9920 | 246 635.9750 | 276 731.5780 |
| Valeur nette d’inventaire par action en CAD |  | 102.59 | 108.58 | 120.53 |
| Prix d’émission et de rachat par action en CAD 1 |  | 102.59 | 108.58 | 120.53 |
| Catégorie (CHF hedged) P-acc | LU1599187264 |  |  |  |
| Actions en circulation |  | 1 524 896.6240 | 1 719 590.3640 | 1 810 374.3710 |
| Valeur nette d’inventaire par action en CHF |  | 92.96 | 99.68 | 111.82 |
| Prix d’émission et de rachat par action en CHF 1 |  | 92.96 | 99.68 | 111.82 |
| Catégorie (EUR hedged) P-acc | LU1599187421 |  |  |  |
| Actions en circulation |  | 1 042 057.7170 | 1 264 868.2450 | 1 446 162.4820 |
| Valeur nette d’inventaire par action en EUR |  | 94.54 | 101.21 | 113.45 |
| Prix d’émission et de rachat par action en EUR 1 |  | 94.54 | 101.21 | 113.45 |
| Catégorie (GBP hedged) P-acc | LU1611257418 |  |  |  |
| Actions en circulation |  | 209 744.1930 | 253 888.5610 | 316 285.3760 |
| Valeur nette d’inventaire par action en GBP |  | 99.31 | 105.56 | 117.38 |
| Prix d’émission et de rachat par action en GBP 1 |  | 99.31 | 105.56 | 117.38 |
| Catégorie (SGD hedged) P-acc | LU1599187777 |  |  |  |
| Actions en circulation |  | 238 062.4440 | 254 905.2000 | 297 649.8100 |
| Valeur nette d’inventaire par action en SGD |  | 103.37 | 109.42 | 121.21 |
| Prix d’émission et de rachat par action en SGD 1 |  | 103.37 | 109.42 | 121.21 |
| Catégorie Q-4%-mdist | LU1895574181 |  |  |  |
| Actions en circulation |  | 221 943.6940 | 268 801.6070 | 202 476.2000 |
| Valeur nette d’inventaire par action en USD |  | 90.09 | 96.71 | 110.58 |
| Prix d’émission et de rachat par action en USD 1 |  | 90.09 | 96.71 | 110.58 |
| Catégorie (HKD) Q-4%-mdist | LU1891428119 |  |  |  |
| Actions en circulation |  | 17 927.1680 | 18 277.1680 | 22 184.2590 |
| Valeur nette d’inventaire par action en HKD |  | 896.32 | 967.34 | 1 094.78 |
| Prix d’émission et de rachat par action en HKD 1 |  | 896.32 | 967.34 | 1 094.78 |
| Catégorie Q-acc | LU1599187009 |  |  |  |
| Actions en circulation |  | 1 063 127.1600 | 1 290 433.4500 | 1 116 449.4790 |
| Valeur nette d’inventaire par action en USD |  | 110.26 | 116.05 | 127.54 |
| Prix d’émission et de rachat par action en USD 1 |  | 110.26 | 116.05 | 127.54 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
|  | ISIN | 31.5.2022 | 31.5.2021 | 31.5.2020 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Catégorie (HKD) Q-acc | LU1891428465 |  |  |  |
| Actions en circulation |  | 67 250.7940 | 69 795.6530 | 24 500.1210 |
| Valeur nette d’inventaire par action en HKD |  | 1 050.52 | 1 111.29 | 1 208.17 |
| Prix d’émission et de rachat par action en HKD 1 |  | 1 050.52 | 1 111.29 | 1 208.17 |
| Catégorie (CAD hedged) Q-acc | LU1891428895 |  |  |  |
| Actions en circulation |  | 90 362.9860 | 92 072.7880 | 112 141.8740 |
| Valeur nette d’inventaire par action en CAD |  | 103.18 | 108.78 | 119.85 |
| Prix d’émission et de rachat par action en CAD 1 |  | 103.18 | 108.78 | 119.85 |
| Catégorie (CHF hedged) Q-acc | LU1599187348 |  |  |  |
| Actions en circulation |  | 421 567.4810 | 488 595.5320 | 557 637.8780 |
| Valeur nette d’inventaire par action en CHF |  | 96.88 | 103.49 | 115.23 |
| Prix d’émission et de rachat par action en CHF 1 |  | 96.88 | 103.49 | 115.23 |
| Catégorie (EUR hedged) Q-acc | LU1599187694 |  |  |  |
| Actions en circulation |  | 479 473.1390 | 553 762.0780 | 622 150.3550 |
| Valeur nette d’inventaire par action en EUR |  | 98.52 | 105.07 | 116.90 |
| Prix d’émission et de rachat par action en EUR 1 |  | 98.52 | 105.07 | 116.90 |
| Catégorie (GBP hedged) Q-acc | LU1616912595 |  |  |  |
| Actions en circulation |  | 69 841.0450 | 79 376.1150 | 112 575.5120 |
| Valeur nette d’inventaire par action en GBP |  | 103.20 | 109.29 | 120.61 |
| Prix d’émission et de rachat par action en GBP 1 |  | 103.20 | 109.29 | 120.61 |
| Catégorie (SEK hedged) Q-acc | LU1599187850 |  |  |  |
| Actions en circulation |  | 43 048.3770 | 62 205.2240 | 107 178.5600 |
| Valeur nette d’inventaire par action en SEK |  | 690.93 | 735.55 | 815.40 |
| Prix d’émission et de rachat par action en SEK 1 |  | 690.93 | 735.55 | 815.40 |
| Catégorie (SGD hedged) Q-acc | LU1891428036 |  |  |  |
| Actions en circulation |  | 234 275.5490 | 285 901.3560 | 268 364.8260 |
| Valeur nette d’inventaire par action en SGD |  | 103.80 | 109.47 | 120.36 |
| Prix d’émission et de rachat par action en SGD 1 |  | 103.80 | 109.47 | 120.36 |
| 1  Voir note 1 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022

## Structure du portefeuille-titres
Répartition géographique en % de l’actif net	
| Luxembourg | 46.19 |
| --- | --- |
| Irlande | 36.26 |
| Japon | 2.21 |
| Etats-Unis | 1.96 |
| Grande-Bretagne | 1.41 |
| Canada | 1.28 |
| France | 1.16 |
| Suisse | 1.08 |
| Allemagne | 0.82 |
| Australie | 0.81 |
| Pays-Bas | 0.64 |
| Suède | 0.31 |
| Danemark | 0.28 |
| Hong Kong | 0.28 |
| Espagne | 0.25 |
| Italie | 0.20 |
| Singapour | 0.16 |
| Finlande | 0.13 |
| Belgique | 0.08 |
| Norvège | 0.08 |
| Israël | 0.08 |
| Nouvelle-Zélande | 0.03 |
| Autriche | 0.02 |
| Portugal | 0.02 |
| Ile de Man | 0.01 |
| Total | 95.75 |

Répartition économique en % de l’actif net	
| Fonds de placement | 75.23 |
| --- | --- |
| Etablissements financiers et sociétés de participation | 7.99 |
| Gouvernements nationaux et centraux | 1.96 |
| Banques & instituts de crédit | 1.33 |
| Produits pharmaceutiques, cosmétiques & médicaux | 1.12 |
| Electronique et semi-conducteurs | 0.68 |
| Pétrole | 0.68 |
| Assurances | 0.52 |
| Distribution d’énergie & d’eau | 0.45 |
| Alimentation & softs | 0.45 |
| Internet, logiciels et services informatiques | 0.43 |
| Véhicules | 0.43 |
| Télécommunications | 0.38 |
| Chimie | 0.37 |
| Trafic et transport | 0.34 |
| Machines et appareils | 0.29 |
| Tabac et boissons alcoolisées | 0.29 |
| Immobilier | 0.28 |
| Textiles, habillement & maroquinerie | 0.23 |
| Bâtiment et matériaux de construction | 0.23 |
| Commerce de détail, centres commerciaux | 0.23 |
| Industrie minière, charbon et acier | 0.21 |
| Appareils et composants électriques | 0.19 |
| Diverses sociétés commerciales | 0.16 |
| Industrie graphique, édition et médias | 0.14 |
| Services divers | 0.14 |
| Métaux non ferreux | 0.13 |
| Industrie aéronautique et spatiale | 0.12 |
| Biotechnologie | 0.11 |
| Métaux précieux et pierres précieuses | 0.09 |
| Restauration et loisirs | 0.08 |
| Biens d’équipement divers | 0.07 |
| Biens de consommation divers | 0.07 |
| Montres et bijoux | 0.06 |
| Sylviculture; bois et papier | 0.06 |
| Agriculture et pêche | 0.04 |
| Equipement informatique et de réseau | 0.04 |
| Diverses sociétés non classées | 0.04 |
| Pneus et caoutchouc | 0.03 |
| Soins de santé & services sociaux | 0.02 |
| Photographie et optique | 0.02 |
| Environnement et recyclage | 0.01 |
| Industrie de conditionnement | 0.01 |
| Total | 95.75 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022

## Etat des actifs nets
Actif	30.11.2022
USD
Portefeuille-titres, cours d’achat	1 123 435 841.27
| Portefeuille-titres, plus- (moins-) value non-réalisée | 	50 467 204.40	 |
| --- | --- |
| Total portefeuille-titres (note 1) | 1 173 903 045.67 |
| Avoirs en banque, dépôts à vue et à terme | 60 572 788.32 |
| Autres liquidités (marges) | 4 545 794.05 |
| A recevoir sur ventes de titres (note 1) | 338 671.32 |
| A recevoir sur souscriptions | 180 903.80 |
| A recevoir sur dividendes | 395 699.78 |
| Autres créances | 471 772.17 |
| Bénéfice non réalisé sur contrats financiers à terme (note 1) | 194 034.99 |
| Bénéfice non réalisé sur swaps (note 1) | 2 046 280.17 |
| Total Actif | 1 242 648 990.27 |
|  |  |
| Passif |  |
| Perte non réalisée sur contrats de change à terme (note 1) | -12 464 624.56 |
| Crédit en compte courant | -612.34 |
| A payer sur achats de titres (note 1) | -341 439.95 |
| A payer sur rachats | -1 837 140.15 |
| Provisions pour commission de gestion forfaitaire (note 2) | -1 304 077.76 |
| Provisions pour taxe d’abonnement (note 3) | -54 705.47 |
| Provisions pour autres commissions et frais (note 2) | 	-575 972.79	 |
| Total des Provisions pour frais | -1 934 756.02 |
| Total Passif | -16 578 573.02 |
|  |  |
| Actifs nets à la fin de la période | 1 226 070 417.25 |
| Etat des opérations | USD |
| Revenus | 1.6.2022-30.11.2022 |
| Revenus d’intérêts sur liquidités | 261 435.05 |
| Dividendes | 1 967 825.72 |
| Revenus nets sur prêts de titres (note 10) | 34 407.81 |
| Autres revenus (note 4) | 228 470.95 |
| Total des Revenus | 2 492 139.53 |
|  |  |
| Charges |  |
| Charges d’intérêts sur swaps (note 1) | -29 076.99 |
| Commission de gestion forfaitaire (note 2) | -8 893 433.42 |
| Taxe d’abonnement (note 3) | -164 457.61 |
| Autres commissions et frais (note 2) | -196 897.36 |
| Charges d’intérêts sur liquidités et crédit en compte courant | -63 123.28 |
| Total des Charges | -9 346 988.66 |
|  |  |
| Revenus (Pertes) net(te)s des investissements | -6 854 849.13 |
|  |  |
| Bénéfices (pertes) réalisé(e)s (note 1) |  |
| Bénéfice (perte) réalisé(e) sur titres évalués à la valeur de marché hors options | 2 803 782.08 |
| Bénéfice (perte) réalisé(e) sur instruments du marché monétaire et titres évalués en fonction des rendements | 268 966.58 |
| Bénéfice (perte) réalisé(e) sur contrats financiers à terme | -46 692 811.83 |
| Bénéfice (perte) réalisé(e) sur contrats de change à terme | 1 479 392.36 |
| Bénéfice (perte) réalisé(e) sur swaps | -5 870 792.98 |
| Bénéfice (perte) réalisé(e) de change réalisé(e) | 16 049 051.68 |
| Total des Bénéfices (pertes) réalisé(e)s | -31 962 412.11 |
|  |  |
| Bénéfice (perte) net(te) réalisé(e) au cours de la période | -38 817 261.24 |
|  |  |
| Variations des plus- (moins-) values non-réalisées (note 1) |  |
| Plus- (Moins-) value non réalisée sur titres évalués à la valeur de marché hors options | -59 227 266.72 |
| Plus- (Moins-) value non réalisée sur instruments du marché monétaire et titres évalués en fonction des rendements	-17 492.45 |
| Plus- (Moins-) value non réalisée sur contrats financiers à terme | 17 601 385.60 |
| Plus- (Moins-) value non réalisée sur contrats de change à terme | -23 326 826.86 |
| Plus- (Moins-) value non réalisée sur swaps | 1 420 760.18 |
| Total des Variations des plus- (moins-) values non-réalisées | -63 549 440.25 |
|  |  |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -102 366 701.49 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
| Variations de l’actif net |  |
| --- | --- |
|  | USD |
|  | 1.6.2022-30.11.2022 |
| Actif net au début de la période | 1 585 129 803.36 |
| Souscriptions | 12 593 815.87 |
| Rachats | 	-266 660 434.75	 |
| Souscriptions (Rachats) net(te)s | -254 066 618.88 |
| Dividendes versés | -2 626 065.74 |
| Revenus (Pertes) net(te)s des investissements | -6 854 849.13 |
| Total des Bénéfices (pertes) réalisé(e)s | -31 962 412.11 |
| Total des Variations des plus- (moins-) values non-réalisées | 	-63 549 440.25	 |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -102 366 701.49 |
| Actifs nets à la fin de la période | 1 226 070 417.25 |
| Evolution des actions en circulation |  |
|  | 1.6.2022-30.11.2022 |
| Catégorie | K-1-4%-mdist |
| Nombre d’actions en circulation au début de la période | 1.1000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -0.0500 |
| Nombre d’actions en circulation à la fin de la période | 1.0500 |
| Catégorie | K-1-acc |
| Nombre d’actions en circulation au début de la période | 23.7000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -3.7740 |
| Nombre d’actions en circulation à la fin de la période | 19.9260 |
| Catégorie | (EUR hedged) K-1-acc |
| Nombre d’actions en circulation au début de la période | 7.2000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -0.3000 |
| Nombre d’actions en circulation à la fin de la période | 6.9000 |
| Catégorie | P-4%-mdist |
| Nombre d’actions en circulation au début de la période | 1 030 999.8560 |
| Nombre d’actions émises | 10 224.3660 |
| Nombre d’actions rachetées | -125 055.7200 |
| Nombre d’actions en circulation à la fin de la période | 916 168.5020 |
| Catégorie | (HKD) P-4%-mdist |
| Nombre d’actions en circulation au début de la période | 162 518.3640 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -24 273.9420 |
| Nombre d’actions en circulation à la fin de la période | 138 244.4220 |
| Catégorie | P-acc |
| Nombre d’actions en circulation au début de la période | 4 333 907.9500 |
| Nombre d’actions émises | 20 873.6820 |
| Nombre d’actions rachetées | -993 466.6910 |
| Nombre d’actions en circulation à la fin de la période | 3 361 314.9410 |
| Catégorie | (HKD) P-acc |
| Nombre d’actions en circulation au début de la période | 285 278.8970 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -120 125.2440 |
| Nombre d’actions en circulation à la fin de la période | 165 153.6530 |
| Catégorie | (AUD hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 532 833.0090 |
| Nombre d’actions émises | 6 595.0630 |
| Nombre d’actions rachetées | -22 534.2740 |
| Nombre d’actions en circulation à la fin de la période | 516 893.7980 |
| Catégorie | (CAD hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 246 635.9750 |
| Nombre d’actions émises | 855.7570 |
| Nombre d’actions rachetées | -12 554.7400 |
| Nombre d’actions en circulation à la fin de la période | 234 936.9920 |
| Catégorie | (CHF hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 1 719 590.3640 |
| Nombre d’actions émises | 11 595.7910 |
| Nombre d’actions rachetées | -206 289.5310 |
| Nombre d’actions en circulation à la fin de la période | 1 524 896.6240 |
| Catégorie | (EUR hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 1 264 868.2450 |
| Nombre d’actions émises | 7 372.3640 |
| Nombre d’actions rachetées | -230 182.8920 |
| Nombre d’actions en circulation à la fin de la période | 1 042 057.7170 |
| Catégorie | (GBP hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 253 888.5610 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -44 144.3680 |
| Nombre d’actions en circulation à la fin de la période | 209 744.1930 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
| Catégorie | (SGD hedged) P-acc |
| --- | --- |
| Nombre d’actions en circulation au début de la période | 254 905.2000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -16 842.7560 |
| Nombre d’actions en circulation à la fin de la période | 238 062.4440 |
| Catégorie | Q-4%-mdist |
| Nombre d’actions en circulation au début de la période | 268 801.6070 |
| Nombre d’actions émises | 1 897.9880 |
| Nombre d’actions rachetées | -48 755.9010 |
| Nombre d’actions en circulation à la fin de la période | 221 943.6940 |
| Catégorie | (HKD) Q-4%-mdist |
| Nombre d’actions en circulation au début de la période | 18 277.1680 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -350.0000 |
| Nombre d’actions en circulation à la fin de la période | 17 927.1680 |
| Catégorie | Q-acc |
| Nombre d’actions en circulation au début de la période | 1 290 433.4500 |
| Nombre d’actions émises | 47 469.4430 |
| Nombre d’actions rachetées | -274 775.7330 |
| Nombre d’actions en circulation à la fin de la période | 1 063 127.1600 |
| Catégorie | (HKD) Q-acc |
| Nombre d’actions en circulation au début de la période | 69 795.6530 |
| Nombre d’actions émises | 1 370.8660 |
| Nombre d’actions rachetées | -3 915.7250 |
| Nombre d’actions en circulation à la fin de la période | 67 250.7940 |
| Catégorie | (CAD hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 92 072.7880 |
| Nombre d’actions émises | 1 171.0740 |
| Nombre d’actions rachetées | -2 880.8760 |
| Nombre d’actions en circulation à la fin de la période | 90 362.9860 |
| Catégorie | (CHF hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 488 595.5320 |
| Nombre d’actions émises | 3 805.2540 |
| Nombre d’actions rachetées | -70 833.3050 |
| Nombre d’actions en circulation à la fin de la période | 421 567.4810 |
| Catégorie | (EUR hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 553 762.0780 |
| Nombre d’actions émises | 2 931.2110 |
| Nombre d’actions rachetées | -77 220.1500 |
| Nombre d’actions en circulation à la fin de la période | 479 473.1390 |
| Catégorie | (GBP hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 79 376.1150 |
| Nombre d’actions émises | 4 055.9960 |
| Nombre d’actions rachetées | -13 591.0660 |
| Nombre d’actions en circulation à la fin de la période | 69 841.0450 |
| Catégorie | (SEK hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 62 205.2240 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -19 156.8470 |
| Nombre d’actions en circulation à la fin de la période | 43 048.3770 |
| Catégorie | (SGD hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 285 901.3560 |
| Nombre d’actions émises | 905.2170 |
| Nombre d’actions rachetées | -52 531.0240 |
| Nombre d’actions en circulation à la fin de la période | 234 275.5490 |

| Distribution mensuelle 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) | Date de détachement | Date de versement | Devise | Montant par action |
| K-1-4%-mdist | 10.6.2022 | 15.6.2022 | USD | 15 333.23 |
| K-1-4%-mdist | 11.7.2022 | 14.7.2022 | USD | 14 853.39 |
| K-1-4%-mdist | 10.8.2022 | 15.8.2022 | USD | 15 061.35 |
| K-1-4%-mdist | 13.9.2022 | 16.9.2022 | USD | 14 594.74 |
| K-1-4%-mdist | 11.10.2022 | 14.10.2022 | USD | 14 008.42 |
| K-1-4%-mdist | 10.11.2022 | 15.11.2022 | USD | 13 993.91 |
| P-4%-mdist | 10.6.2022 | 15.6.2022 | USD | 0.30 |
| P-4%-mdist | 11.7.2022 | 14.7.2022 | USD | 0.29 |
| P-4%-mdist | 10.8.2022 | 15.8.2022 | USD | 0.30 |
| P-4%-mdist | 13.9.2022 | 16.9.2022 | USD | 0.29 |
| P-4%-mdist | 11.10.2022 | 14.10.2022 | USD | 0.27 |
| P-4%-mdist | 10.11.2022 | 15.11.2022 | USD | 0.27 |
| (HKD) P-4%-mdist | 10.6.2022 | 15.6.2022 | HKD | 3.04 |
| (HKD) P-4%-mdist | 11.7.2022 | 14.7.2022 | HKD | 2.95 |
| (HKD) P-4%-mdist | 10.8.2022 | 15.8.2022 | HKD | 2.99 |
| (HKD) P-4%-mdist | 13.9.2022 | 16.9.2022 | HKD | 2.89 |
| 1  Voir note 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) | Date de détachement | Date de versement | Devise | Montant par action |
| --- | --- | --- | --- | --- |
| (HKD) P-4%-mdist | 11.10.2022 | 14.10.2022 | HKD | 2.78 |
| (HKD) P-4%-mdist | 10.11.2022 | 15.11.2022 | HKD | 2.77 |
| Q-4%-mdist | 10.6.2022 | 15.6.2022 | USD | 0.32 |
| Q-4%-mdist | 11.7.2022 | 14.7.2022 | USD | 0.31 |
| Q-4%-mdist | 10.8.2022 | 15.8.2022 | USD | 0.31 |
| Q-4%-mdist | 13.9.2022 | 16.9.2022 | USD | 0.30 |
| Q-4%-mdist | 11.10.2022 | 14.10.2022 | USD | 0.29 |
| Q-4%-mdist | 10.11.2022 | 15.11.2022 | USD | 0.29 |
| (HKD) Q-4%-mdist | 10.6.2022 | 15.6.2022 | HKD | 3.22 |
| (HKD) Q-4%-mdist | 11.7.2022 | 14.7.2022 | HKD | 3.12 |
| (HKD) Q-4%-mdist | 10.8.2022 | 15.8.2022 | HKD | 3.17 |
| (HKD) Q-4%-mdist | 13.9.2022 | 16.9.2022 | HKD | 3.07 |
| (HKD) Q-4%-mdist | 11.10.2022 | 14.10.2022 | HKD | 2.95 |
| (HKD) Q-4%-mdist | 10.11.2022 | 15.11.2022 | HKD | 2.94 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022

## Etat du portefeuille-titres et autres actifs nets au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l'actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
| Titres | et instruments du marché monétaire négociés sur une bourse officielle |  |  |  |
| Actions |  |  |  |  |
| Australie |  |  |  |  |
| AUD | AMPOL LTD NPV | 2 094.00 | 40 093.24 | 0.00 |
| AUD | APA GROUP NPV | 9 814.00 | 73 545.56 | 0.01 |
| AUD | ARISTOCRAT LEISURE NPV | 5 098.00 | 119 596.99 | 0.01 |
| AUD | ASX LTD NPV | 1 426.00 | 67 298.30 | 0.01 |
| AUD | AURIZON HOLDINGS NPV | 17 786.00 | 45 381.99 | 0.00 |
| AUD | AUST & NZ BANK GRP NPV | 25 727.00 | 426 254.66 | 0.03 |
| AUD | BHP GROUP LTD NPV | 25 369.00 | 773 367.47 | 0.06 |
| GBP | BHP GROUP LTD NPV | 18 380.00 | 566 371.20 | 0.05 |
| AUD | BLUESCOPE STEEL NPV | 4 312.00 | 50 622.19 | 0.00 |
| AUD | BRAMBLES LTD NPV | 11 660.00 | 94 563.38 | 0.01 |
| AUD | CMNWLTH BK OF AUST NPV | 14 774.00 | 1 067 182.78 | 0.09 |
| AUD | COCHLEAR LTD NPV | 499.00 | 71 527.95 | 0.01 |
| AUD | COLES GROUP LTD NPV | 12 118.00 | 137 556.45 | 0.01 |
| AUD | COMPUTERSHARE LTD NPV(POST REC) | 4 480.00 | 83 527.13 | 0.01 |
| AUD | CSL NPV | 4 149.00 | 833 881.23 | 0.07 |
| AUD | DEXUS NPV (STAPLED) | 8 203.00 | 43 948.39 | 0.00 |
| AUD | ENDEAVOUR GROUP LI NPV | 11 532.00 | 53 829.17 | 0.00 |
| AUD | FORTESCUE METALS G NPV | 14 492.00 | 188 088.57 | 0.02 |
| AUD | GOODMAN GROUP (STAPLED SECURITY) | 13 975.00 | 178 945.18 | 0.01 |
| AUD | GPT GROUP NPV (STAPLED SECURITIES) | 20 347.00 | 61 046.21 | 0.00 |
| AUD | IDP EDUCATION LTD NPV | 1 303.00 | 25 995.32 | 0.00 |
| AUD | IGO LTD NPV | 5 640.00 | 58 167.46 | 0.00 |
| AUD | INSURANCE AUST GRP NPV | 21 953.00 | 70 275.20 | 0.01 |
| AUD | LEND LEASE GROUP NPV | 6 340.00 | 32 311.28 | 0.00 |
| AUD | MACQUARIE GP LTD NPV | 3 117.00 | 373 049.07 | 0.03 |
| AUD | MEDIBANK PRIVATE L NPV | 31 415.00 | 61 643.17 | 0.00 |
| AUD | MINERAL RESS LTD NPV | 1 494.00 | 87 466.49 | 0.01 |
| AUD | MIRVAC GROUP STAPLED SECURITIES | 48 348.00 | 72 204.40 | 0.01 |
| AUD | NATL AUSTRALIA BK NPV | 27 732.00 | 585 764.68 | 0.05 |
| AUD | NEWCREST MINING NPV | 8 251.00 | 109 464.01 | 0.01 |
| AUD | NTHN STAR RES LTD NPV | 11 132.00 | 79 024.06 | 0.01 |
| AUD | ORICA LIMITED NPV | 3 422.00 | 33 986.11 | 0.00 |
| AUD | ORIGIN ENERGY NPV | 14 337.00 | 75 467.70 | 0.01 |
| AUD | PILBARA MINERALS L NPV | 21 076.00 | 65 774.02 | 0.01 |
| AUD | QANTAS AIRWAYS NPV | 7 762.00 | 32 436.84 | 0.00 |
| AUD | QBE INS GROUP NPV | 13 167.00 | 113 486.89 | 0.01 |
| AUD | RAMSAY HEALTH CARE NPV | 1 684.00 | 74 218.86 | 0.01 |
| AUD | REA GROUP LIMITED NPV | 341.00 | 28 160.02 | 0.00 |
| AUD | REECE AUSTRALIA NPV | 1 849.00 | 18 995.14 | 0.00 |
| AUD | RIO TINTO LIMITED NPV | 3 084.00 | 226 404.19 | 0.02 |
| AUD | SANTOS LIMITED NPV | 27 763.51 | 137 589.84 | 0.01 |
| AUD | SCENTRE GROUP NPV STAPLED UNIT | 54 773.00 | 108 943.99 | 0.01 |
| AUD | SEEK LIMITED NPV | 2 321.00 | 34 320.57 | 0.00 |
| AUD | SONIC HEALTHCARE NPV | 3 700.00 | 79 986.29 | 0.01 |
| AUD | SOUL PATTINSON(WH) NPV | 1 363.00 | 25 841.40 | 0.00 |
| AUD | SOUTH32 LTD NPV | 50 152.00 | 135 018.91 | 0.01 |
| AUD | STOCKLAND NPV (STAPLED) | 25 569.00 | 65 069.53 | 0.00 |
| AUD | SUNCORP GROUP LTD NPV | 10 723.00 | 85 599.82 | 0.01 |
| AUD | TELSTRA GROUP LTD NPV | 48 788.00 | 130 039.83 | 0.01 |
| AUD | THE LOTTERY CORPOR NPV | 24 422.00 | 75 398.46 | 0.01 |
| AUD | TRANSURBAN GROUP STAPLED UNITS NPV | 26 211.00 | 250 839.61 | 0.02 |
| AUD | TREASURY WINE ESTA NPV | 6 905.00 | 63 815.04 | 0.00 |
| AUD | VICINITY CENTRES NPV (STAPLED SECURITY) | 38 552.00 | 52 411.10 | 0.00 |
| AUD | WESFARMERS LTD NPV | 9 631.00 | 313 270.71 | 0.03 |
| AUD | WESTPAC BKG CORP NPV | 30 287.00 | 482 131.76 | 0.04 |
| AUD | WISETECH GLOBAL LT NPV | 1 421.00 | 54 234.17 | 0.00 |
| AUD | WOODSIDE ENERGY GROUP LTD | 13 038.00 | 325 599.45 | 0.03 |
| GBP | WOODSIDE ENERGY GROUP LTD | 3 321.00 | 82 659.06 | 0.01 |
| AUD | WOOLWORTHS GRP LTD NPV | 10 198.00 | 235 416.33 | 0.02 |
| Total Australie	9 939 108.82	0.81 |
| Autriche |  |  |  |  |
| EUR | ERSTE GROUP BK AG NPV | 3 379.00 | 102 983.95 | 0.01 |
| EUR | OMV AG NPV(VAR) | 1 196.00 | 61 770.10 | 0.01 |
| EUR | VERBUND AG CLASS’A’NPV | 565.00 | 50 059.78 | 0.00 |
| EUR | VOESTALPINE AG NPV | 919.00 | 24 564.61 | 0.00 |
| Total Autriche	239 378.44	0.02 |
| Belgique |  |  |  |  |
| EUR | AGEAS NPV | 1 258.00 | 49 830.18 | 0.00 |
| EUR | ANHEUSER-BUSCH IN NPV | 7 590.00 | 438 033.19 | 0.04 |
| EUR | ELIA SYS OPERATOR NPV | 280.00 | 39 209.07 | 0.00 |
| EUR | GPE BRUXELLES LAM NPV | 722.00 | 56 959.87 | 0.00 |
| EUR | KBC GROUP NV NPV | 2 207.00 | 119 848.36 | 0.01 |
| EUR | SA D’IETEREN NV NPV | 224.00 | 41 676.94 | 0.00 |
| EUR | SOFINA NPV | 152.00 | 32 177.80 | 0.00 |
| EUR | SOLVAY SA NPV | 598.00 | 57 804.80 | 0.01 |
| EUR | UCB NPV | 1 128.00 | 89 175.76 | 0.01 |
| EUR | UMICORE NPV | 1 985.00 | 69 899.85 | 0.01 |
| EUR | WAREHOUSES DE PAUW NPV (POST SPLIT) | 1 074.00 | 27 977.86 | 0.00 |
| Total Belgique	1 022 593.68	0.08 |
| Canada |  |  |  |  |
| CAD | 1ST QUANTUM MINLS COM NPV | 4 963.00 | 117 073.64 | 0.01 |
| CAD | AGNICO EAGLE MINES LTD COM | 3 781.00 | 188 952.39 | 0.02 |
| CAD | AIR CANADA VAR VTG SHS NPV | 1 063.00 | 15 125.23 | 0.00 |
| CAD | ALGONQUIN PWR&UTIL COM NPV | 6 100.00 | 45 715.13 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l'actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
|  |  |  |  |  |
| CAD | ALIMENTATION COUCH COM NPV | 7 101.00 | 320 977.56 | 0.03 |
| CAD | ALTAGAS LTD COM NPV | 2 659.00 | 44 267.63 | 0.00 |
| CAD | ARC RESOURCES COM NPV | 6 450.00 | 95 058.64 | 0.01 |
| CAD | BANK NOVA SCOTIA HALIFAX COM | 10 332.00 | 534 852.67 | 0.04 |
| CAD | BANK OF MONTREAL COM NPV | 5 812.00 | 563 237.12 | 0.05 |
| CAD | BARRICK GOLD CORP COM NPV | 15 145.00 | 245 211.15 | 0.02 |
| CAD | BCE INC COM NEW | 416.00 | 19 656.97 | 0.00 |
| CAD | BLACKBERRY LTD NPV | 2 029.00 | 9 758.12 | 0.00 |
| CAD | BROOKFIELD ASSET M LTD VTG SHS NPV CL’A’ | 12 211.00 | 571 233.77 | 0.05 |
| CAD | BRP INC SUB VTG NPV | 222.00 | 16 483.38 | 0.00 |
| CAD | CAE INC COM NPV | 2 950.00 | 63 299.77 | 0.01 |
| CAD | CAMECO CORP COM | 3 651.00 | 88 252.02 | 0.01 |
| CAD | CAN PACIFIC RYS COM NPV | 8 054.00 | 654 264.97 | 0.05 |
| CAD | CANADIAN NAT RES LTD COM | 9 956.00 | 589 781.19 | 0.05 |
| CAD | CANADIAN NATL RY CO COM | 5 084.00 | 647 603.42 | 0.05 |
| CAD | CANADIAN TIRE LTD CL A | 500.00 | 56 185.00 | 0.01 |
| CAD | CANADIAN UTILS LTD CL A | 960.00 | 26 051.78 | 0.00 |
| CAD | CCL INDUSTRIES INC ‘B’NON-VTG COM NPV | 1 292.00 | 60 935.66 | 0.01 |
| CAD | CDN IMPERIAL BK OF COMMERCE COM | 7 776.00 | 371 621.33 | 0.03 |
| CAD | CENOVUS ENERGY INC COM NPV | 11 936.00 | 235 515.23 | 0.02 |
| CAD | CGI INC COM NPV SUB VOTING SHARES C | 1 854.00 | 160 606.15 | 0.01 |
| CAD | CONSTELLATION SOFT COM STK NPV | 183.00 | 292 719.01 | 0.02 |
| CAD | DOLLARAMA INC COM NPV | 2 388.00 | 145 020.31 | 0.01 |
| CAD | ELEMENT FLEET MGMT COM NPV | 1 006.00 | 14 143.51 | 0.00 |
| CAD | EMERA INC COM | 2 384.00 | 92 092.70 | 0.01 |
| CAD | EMPIRE LTD CL A | 1 622.00 | 43 825.23 | 0.00 |
| CAD | ENBRIDGE INC COM NPV | 17 493.00 | 716 778.16 | 0.06 |
| CAD | FAIRFAX FINL HLDGS SUB-VTG COM NPV | 214.00 | 121 827.04 | 0.01 |
| CAD | FIRSTSERVICE CORP COM NPV | 400.00 | 51 418.46 | 0.00 |
| CAD | FORTIS INC COM NPV | 3 931.00 | 156 984.83 | 0.01 |
| CAD | FRANCO NEVADA CORP COM NPV | 1 615.00 | 234 071.96 | 0.02 |
| CAD | GFL ENVIRON INC COM NPV SUB VTG SHS | 1 400.00 | 40 274.40 | 0.00 |
| CAD | GILDAN ACTIVEWEAR INC COM | 1 517.00 | 43 584.24 | 0.00 |
| CAD | GREAT WEST LIFECO INC COM | 2 213.00 | 52 366.33 | 0.01 |
| CAD | HYDRO ONE INC COM NPV | 2 580.00 | 71 593.72 | 0.01 |
| CAD | IA FINANCIAL CORP COM NPV | 876.00 | 49 037.13 | 0.00 |
| CAD | IGM FINANCIAL INC COM | 694.00 | 19 979.95 | 0.00 |
| CAD | IMPERIAL OIL LTD COM NEW | 1 976.00 | 111 546.27 | 0.01 |
| CAD | INTACT FINL CORP COM NPV | 1 521.00 | 225 799.56 | 0.02 |
| CAD | IVANHOE MINES LTD COM NPV CL’A’ | 4 400.00 | 39 076.49 | 0.00 |
| CAD | KEYERA CORPORATION COM NPV | 2 193.00 | 50 696.04 | 0.00 |
| CAD | KINROSS GOLD CORP COM NPV | 13 918.00 | 57 080.53 | 0.01 |
| CAD | LIGHTSPEED COMMERC COM NPV SUB VTG SHS | 1 400.00 | 22 791.18 | 0.00 |
| CAD | LOBLAW COS LTD COM | 1 431.00 | 128 142.95 | 0.01 |
| CAD | LUNDIN MINING CORP COM | 6 846.00 | 41 812.26 | 0.00 |
| CAD | MAGNA INTL INC COM NPV | 2 436.00 | 148 833.72 | 0.01 |
| CAD | MANULIFE FINL CORP COM | 16 701.00 | 298 491.72 | 0.03 |
| CAD | METRO INC CL A SUB | 1 986.00 | 113 326.67 | 0.01 |
| CAD | NATL BK OF CANADA COM NPV | 2 912.00 | 206 054.55 | 0.02 |
| CAD | NORTHLAND POWER IN COM NPV | 2 137.48 | 60 070.66 | 0.01 |
| CAD | NUTRIEN LTD NPV | 4 772.00 | 380 542.10 | 0.03 |
| CAD | NUVEI CORPORATION SUB VOTING SHARES (CAD) | 700.00 | 21 407.39 | 0.00 |
| CAD | ONEX CORP SUB VTG | 828.00 | 43 296.39 | 0.00 |
| CAD | OPEN TEXT CO COM NPV | 2 000.00 | 58 272.48 | 0.01 |
| CAD | PAN AMER SILVER COM NPV | 2 026.00 | 33 011.98 | 0.00 |
| CAD | PARKLAND CORP. COM NPV | 1 300.00 | 27 482.48 | 0.00 |
| CAD | PEMBINA PIPELINE C COM NPV | 4 657.00 | 168 699.03 | 0.01 |
| CAD | POWER CORP CDA COM | 4 660.00 | 116 319.54 | 0.01 |
| CAD | QUEBECOR INC CL B | 1 441.00 | 30 814.04 | 0.00 |
| CAD | RESTAURANT BRANDS COM NPV | 2 513.00 | 165 587.00 | 0.01 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 1 023.00 | 55 651.14 | 0.01 |
| CAD | ROGERS COMMS INC CLASS’B’COM CAD1.62478 | 3 020.00 | 137 845.84 | 0.01 |
| CAD | ROYAL BK OF CANADA COM NPV | 12 305.00 | 1 214 253.08 | 0.10 |
| CAD | SAPUTO INC COM | 2 424.00 | 59 719.41 | 0.01 |
| CAD | SHAW COMMUNICATIONS INC CL B CONV | 4 006.00 | 108 475.52 | 0.01 |
| CAD | SHOPIFY INC COM NPV CL A | 10 106.00 | 411 932.99 | 0.03 |
| CAD | SUN LIFE FINL INC COM | 4 975.00 | 233 906.10 | 0.02 |
| CAD | SUNCOR ENERGY INC COM NPV ‘NEW’ | 12 452.00 | 406 249.14 | 0.03 |
| CAD | TC ENERGY CORPORAT COM NPV | 8 446.00 | 371 307.52 | 0.03 |
| CAD | TECK RESOURCES LTD CLASS’B’SUB-VTG COM NPV | 4 091.00 | 150 459.00 | 0.01 |
| CAD | TELUS CORPORATION NPV | 3 881.00 | 81 988.52 | 0.01 |
| CAD | TFI INTERNATIONAL COM NPV | 701.00 | 75 493.10 | 0.01 |
| CAD | THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 1 446.00 | 168 939.99 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 588.00 | 61 172.47 | 0.01 |
| CAD | TOROMONT INDS LTD COM | 700.00 | 52 862.73 | 0.00 |
| CAD | TORONTO-DOMINION COM NPV | 15 769.00 | 1 041 379.78 | 0.09 |
| CAD | TOURMALINE OIL CP COM NPV | 2 719.00 | 164 198.96 | 0.01 |
| CAD | WEST FRASER TIMBER COM NPV | 551.00 | 42 764.79 | 0.00 |
| CAD | WESTON GEORGE LTD COM | 615.00 | 76 415.69 | 0.01 |
| CAD | WHEATON PRECIOUS M COM NPV | 3 571.00 | 138 288.34 | 0.01 |
| CAD | WSP GLOBAL INC COM NPV | 1 125.00 | 133 893.01 | 0.01 |
| Total Canada | 15 623 789.05 | 1.27 |
| Chine |  |  |  |  |
| USD | FUTU HOLDINGS LIMI SPON ADS EA REP 8 ORD SHS | 500.00 | 30 745.00 | 0.00 |
| Total Chine |  | 30 745.00 | 0.00 |
| Danemark |  |  |  |
| DKK	A.P. MOELLER-MAERSK SER’B’DKK1000 | 41.00 | 87 122.94 | 0.01 |
| DKK	A.P. MOLLER-MAERSK ‘A’DKK1000 | 26.00 | 54 096.93 | 0.00 |
| DKK	CARLSBERG SER’B’DKK20 | 891.00 | 110 195.52 | 0.01 |
| DKK	CHR. HANSEN HLDG DKK10 | 853.00 | 51 555.27 | 0.00 |
| DKK	COLOPLAST DKK1 B | 1 087.00 | 125 437.55 | 0.01 |
| DKK	DANSKE BANK A/S DKK10 | 5 911.00 | 104 330.54 | 0.01 |
| DKK	DEMANT A/S DKK0.20 | 867.00 | 24 004.32 | 0.00 |
| DKK	DSV PANALPINA A/S DKK1 | 1 590.00 | 246 301.76 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l'actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | swaps (note 1) |  |
|  |  |  |  |  |
| DKK | GENMAB AS DKK1 | 559.00 | 252 968.84 | 0.02 |
| DKK | GN STORE NORD DKK4 | 1 236.00 | 28 899.37 | 0.00 |
| DKK | NOVO-NORDISK AS DKK0.2 SER’B’ | 14 449.00 | 1 768 195.80 | 0.14 |
| DKK | NOVOZYMES A/S SER’B’DKK2 (POST CONS) | 1 879.00 | 106 751.61 | 0.01 |
| DKK | ORSTED A/S DKK10 | 1 620.00 | 139 154.45 | 0.01 |
| DKK | PANDORA A/S DKK1 | 780.00 | 56 969.14 | 0.01 |
| DKK | ROCKWOOL INTL SER’B’DKK10 | 92.00 | 19 734.21 | 0.00 |
| DKK | TRYG A/S DKK5 | 2 815.00 | 64 493.61 | 0.01 |
| DKK | VESTAS WIND SYSTEM DKK0.20 (POST SPLIT) | 9 110.00 | 226 321.77 | 0.02 |
| Total Danemark	3 466 533.63	0.28 |
| Finlande |  |  |  |  |
| EUR | ELISA OYJ NPV | 1 102.00 | 56 461.39 | 0.00 |
| EUR | FORTUM OYJ EUR3.40 | 3 786.00 | 59 311.95 | 0.01 |
| EUR | KESKO OYJ EUR2 SER’B’ | 2 460.00 | 51 899.92 | 0.00 |
| EUR | KONE CORPORATION NPV ORD ‘B’ | 3 080.00 | 150 669.51 | 0.01 |
| EUR | NESTE OIL OYJ NPV | 3 648.00 | 185 329.09 | 0.02 |
| EUR | NOKIA OYJ NPV | 46 631.00 | 223 407.32 | 0.02 |
| SEK | NORDEA HOLDING ABP NPV | 29 783.00 | 305 823.30 | 0.03 |
| EUR | ORION CORP SER’B’NPV | 1 072.00 | 56 006.04 | 0.00 |
| EUR | SAMPO PLC SER’A’NPV | 4 106.00 | 205 214.64 | 0.02 |
| EUR | STORA ENSO OYJ NPV SER’R’ | 5 367.00 | 77 227.69 | 0.01 |
| EUR | UPM-KYMMENE CORP NPV | 4 589.00 | 165 235.48 | 0.01 |
| EUR | WARTSILA OYJ ABP SER’B’EUR3.50 | 3 371.00 | 28 593.69 | 0.00 |
| Total Finlande	1 565 180.02	0.13 |
| France |  |  |  |  |
| EUR | ACCOR EUR3 | 1 724.00 | 44 768.44 | 0.00 |
| EUR | ADP EUR3 | 257.00 | 38 832.99 | 0.00 |
| EUR | AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 4 534.00 | 645 270.82 | 0.05 |
| EUR | AIRBUS EUR1 | 5 167.00 | 580 966.01 | 0.05 |
| EUR | ALSTOM EUR7.00 | 2 714.00 | 69 470.53 | 0.01 |
| EUR | AMUNDI EUR2.5 (AIW) | 583.00 | 32 115.30 | 0.00 |
| EUR | ARKEMA EUR10 | 590.00 | 51 102.35 | 0.00 |
| EUR | AXA EUR2.29 | 16 422.00 | 456 878.81 | 0.04 |
| EUR | BIOMERIEUX NPV (POST SPLIT) | 419.00 | 41 442.53 | 0.00 |
| EUR | BNP PARIBAS EUR2 | 9 665.00 | 531 712.24 | 0.04 |
| EUR | BOLLORE EUR0.16 | 6 181.00 | 34 112.47 | 0.00 |
| EUR | BOUYGUES EUR1 | 1 714.00 | 52 168.08 | 0.00 |
| EUR | BUREAU VERITAS EUR0.12 | 2 308.00 | 59 458.33 | 0.01 |
| EUR | CAPGEMINI EUR8 | 1 404.00 | 247 202.49 | 0.02 |
| EUR | CARREFOUR EUR2.50 | 5 279.00 | 89 278.46 | 0.01 |
| EUR | CIE DE ST-GOBAIN EUR4 | 4 290.00 | 193 230.35 | 0.02 |
| EUR | COVIVIO EUR3 | 466.00 | 26 533.87 | 0.00 |
| EUR | CREDIT AGRICOLE SA EUR3 | 11 006.00 | 108 903.67 | 0.01 |
| EUR | DANONE EUR0.25 | 5 531.00 | 285 205.31 | 0.02 |
| EUR | DASSAULT AVIATION EUR0.80 (POST SUBDIVISION) | 206.00 | 32 070.71 | 0.00 |
| EUR | DASSAULT SYSTEMES EUR0.10 | 5 754.00 | 207 864.81 | 0.02 |
| EUR | EDENRED EUR2 | 2 145.00 | 115 907.29 | 0.01 |
| EUR | EDF EUR0.5 | 5 014.00 | 61 951.98 | 0.01 |
| EUR | EIFFAGE EUR4 | 707.00 | 68 384.80 | 0.01 |
| EUR | ENGIE EUR1 | 15 939.00 | 238 296.31 | 0.02 |
| EUR | ESSILORLUXOTTICA EUR0.18 | 2 494.00 | 455 297.02 | 0.04 |
| EUR | EURAZEO NPV | 371.00 | 22 862.71 | 0.00 |
| EUR | GECINA EUR7.50 | 295.00 | 28 324.38 | 0.00 |
| EUR | GETLINK SE EUR0.40 | 4 055.00 | 66 114.78 | 0.01 |
| EUR | HERMES INTL NPV | 275.00 | 436 764.66 | 0.04 |
| EUR | IPSEN EUR1 | 307.00 | 33 886.19 | 0.00 |
| EUR | KERING EUR4 | 652.00 | 380 913.66 | 0.03 |
| EUR | KLEPIERRE EUR1.40 | 1 628.00 | 36 844.42 | 0.00 |
| EUR | L’OREAL EUR0.20 | 2 091.00 | 763 883.74 | 0.06 |
| EUR | LA FRANCAISE DES EUR0.40 (PROMESSES) | 748.00 | 29 436.21 | 0.00 |
| EUR | LEGRAND SA EUR4 | 2 257.00 | 180 057.33 | 0.01 |
| EUR | LVMH MOET HENNESSY EUR0.30 | 2 413.00 | 1 831 855.36 | 0.15 |
| EUR | MICHELIN (CGDE) EUR0.50 (POST SUBDIVISION) | 5 847.00 | 160 894.22 | 0.01 |
| EUR | ORANGE EUR4 | 16 942.00 | 170 396.22 | 0.01 |
| EUR | PERNOD RICARD EUR1.55 | 1 800.00 | 350 194.26 | 0.03 |
| EUR | PUBLICIS GROUPE SA EUR0.40 | 1 978.00 | 127 086.82 | 0.01 |
| EUR | REMY COINTREAU EUR1.60 | 147.46 | 25 022.62 | 0.00 |
| EUR | RENAULT SA EUR3.81 | 1 742.00 | 62 436.97 | 0.01 |
| EUR | SAFRAN EUR0.20 | 2 987.00 | 361 132.79 | 0.03 |
| EUR | SANOFI EUR2 | 9 852.00 | 877 262.79 | 0.07 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 236.00 | 78 561.06 | 0.01 |
| EUR | SCHNEIDER ELECTRIC EUR8 | 4 692.00 | 671 138.88 | 0.06 |
| EUR | SEB SA EUR1 | 233.00 | 18 041.12 | 0.00 |
| EUR | SOC GENERALE EUR1.25 | 6 944.00 | 171 525.85 | 0.01 |
| EUR | SODEXO EUR4 | 730.00 | 68 925.80 | 0.01 |
| EUR | TELEPERFORMANCE EUR2.50 | 507.00 | 112 445.81 | 0.01 |
| EUR | THALES EUR3 | 929.00 | 116 841.95 | 0.01 |
| EUR | TOTALENERGIES SE EUR2.5 | 21 576.00 | 1 339 830.58 | 0.11 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 844.00 | 23 098.67 | 0.00 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 1 117.00 | 58 242.03 | 0.01 |
| EUR | VALEO EUR1 (POST SUBD) | 2 053.00 | 37 521.22 | 0.00 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 6 124.00 | 154 991.07 | 0.01 |
| EUR | VINCI EUR2.50 | 4 635.00 | 461 111.97 | 0.04 |
| EUR | VIVENDI SA EUR5.50 | 6 613.00 | 58 421.87 | 0.01 |
| EUR | WENDEL EUR4 | 191.00 | 17 394.86 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 2 042.20 | 94 518.67 | 0.01 |
| Total France | 14 196 407.51 | 1.16 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
| Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l'actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
| Allemagne |  |  |  |
| EUR	ADIDAS AG NPV (REGD) | 1 540.00 | 193 862.91 | 0.02 |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 3 551.00 | 747 162.28 | 0.06 |
| EUR	BASF SE NPV | 7 931.00 | 396 180.97 | 0.03 |
| EUR	BAYER AG NPV (REGD) | 8 483.00 | 483 717.77 | 0.04 |
| EUR	BAYERISCHE MOTOREN WERKE AG EUR1 | 2 853.00 | 253 543.52 | 0.02 |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 598.00 | 50 890.14 | 0.00 |
| EUR	BECHTLE AG NPV | 736.00 | 26 046.36 | 0.00 |
| EUR	BEIERSDORF AG NPV | 793.00 | 84 876.47 | 0.01 |
| EUR	BRENNTAG AG | 1 384.00 | 85 473.64 | 0.01 |
| EUR	CARL ZEISS MEDITEC NPV | 405.00 | 53 856.62 | 0.00 |
| EUR	COMMERZBANK AG NPV | 8 708.00 | 71 783.34 | 0.01 |
| EUR	CONTINENTAL AG ORD NPV | 841.00 | 49 600.79 | 0.00 |
| EUR	COVESTRO AG NPV | 1 612.00 | 63 354.41 | 0.01 |
| EUR	DAIMLER TRUCK HOLD NPV (YOUNG SHARE) | 4 229.00 | 136 597.21 | 0.01 |
| EUR	DELIVERY HERO SE NPV | 1 555.00 | 65 597.30 | 0.01 |
| EUR	DEUTSCHE BANK AG NPV(REGD) | 17 842.00 | 185 951.41 | 0.02 |
| EUR	DEUTSCHE BOERSE AG NPV(REGD) | 1 649.00 | 298 659.35 | 0.02 |
| EUR	DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 5 583.00 | 44 016.54 | 0.00 |
| EUR	DEUTSCHE POST AG NPV(REGD) | 8 531.00 | 332 296.61 | 0.03 |
| EUR	DEUTSCHE TELEKOM NPV(REGD) | 28 173.00 | 562 935.64 | 0.05 |
| EUR	DR.ING. F.PORSCHE NON-VTG PRF NPV | 830.00 | 92 981.51 | 0.01 |
| EUR	E.ON SE NPV | 20 276.00 | 190 483.42 | 0.02 |
| EUR	EVONIK INDUSTRIES NPV | 1 931.00 | 37 230.06 | 0.00 |
| EUR	FRESENIUS MED CARE NPV | 1 762.00 | 53 919.31 | 0.00 |
| EUR	FRESENIUS SE & CO. KGAA NPV | 3 865.00 | 105 698.10 | 0.01 |
| EUR	GEA GROUP AG NPV | 1 498.00 | 59 969.12 | 0.00 |
| EUR	HANNOVER RUECKVERS ORD NPV(REGD) | 547.00 | 102 280.49 | 0.01 |
| EUR	HEIDELBERGCEMENT NPV | 1 195.00 | 64 130.10 | 0.01 |
| EUR	HELLOFRESH SE NPV | 1 253.00 | 30 163.74 | 0.00 |
| EUR	HENKEL AG & CO KGAA | 954.00 | 62 571.62 | 0.01 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 1 529.00 | 107 747.48 | 0.01 |
| EUR	INFINEON TECHNOLOG AG NPV (REGD) | 11 168.00 | 362 452.62 | 0.03 |
| EUR	KNORR BREMSE AG NPV | 798.00 | 44 566.88 | 0.00 |
| EUR	LEG IMMOBILIEN SE NPV | 665.00 | 41 562.34 | 0.00 |
| EUR	MERCEDES-BENZ ORD NPV(REGD) | 7 002.00 | 464 298.84 | 0.04 |
| EUR	MERCK KGAA NPV | 1 111.00 | 198 816.97 | 0.02 |
| EUR	MTU AERO ENGINES H NPV (REGD) | 443.00 | 91 409.44 | 0.01 |
| EUR	MUENCHENER RUECKVE NPV(REGD) | 1 222.00 | 378 979.57 | 0.03 |
| EUR	NEMETSCHEK SE ORD NPV | 575.00 | 27 589.47 | 0.00 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 1 321.00 | 79 352.18 | 0.01 |
| EUR	PUMA SE NPV | 773.00 | 38 761.28 | 0.00 |
| EUR	RATIONAL AG NPV | 57.00 | 34 773.85 | 0.00 |
| EUR	RHEINMETALL AG NPV | 368.00 | 73 660.34 | 0.01 |
| EUR	RWE AG (NEU) NPV | 5 542.00 | 239 665.45 | 0.02 |
| EUR	SAP AG ORD NPV | 9 126.00 | 981 567.36 | 0.08 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 237.00 | 86 971.24 | 0.01 |
| EUR	SCOUT24 AG NPV | 727.00 | 38 894.95 | 0.00 |
| EUR	SIEMENS AG NPV(REGD) | 6 723.00 | 908 349.05 | 0.07 |
| EUR	SIEMENS ENERGY AG NPV | 4 052.00 | 65 961.56 | 0.01 |
| EUR	SIEMENS HEALTHINEE NPV | 2 385.00 | 124 406.53 | 0.01 |
| EUR	SYMRISE AG NPV (BR) | 1 217.00 | 136 523.51 | 0.01 |
| EUR	TELEFONICA DEUTSCH NPV | 8 442.00 | 19 888.00 | 0.00 |
| EUR	UNITED INTERNET AG NPV(REGD) | 894.00 | 18 575.83 | 0.00 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 1 611.00 | 232 061.38 | 0.02 |
| EUR	VOLKSWAGEN AG ORD NPV | 246.00 | 46 365.45 | 0.00 |
| EUR	VONOVIA SE NPV | 6 065.00 | 146 690.99 | 0.01 |
| EUR	ZALANDO SE NPV | 1 718.00 | 52 608.24 | 0.00 |
| Total Allemagne |  | 10 028 331.55 | 0.82 |
| Hong Kong |  |  |  |
| HKD	AIA GROUP LTD NPV | 103 600.00 | 1 041 906.35 | 0.09 |
| HKD	BOC HONG KONG HLDG HKD5 | 33 000.00 | 104 637.76 | 0.01 |
| HKD	BUDWEISER BREWING USD0.00001 | 16 700.00 | 47 925.18 | 0.00 |
| HKD	CK ASSET HOLDINGS HKD1 | 16 500.00 | 98 401.77 | 0.01 |
| HKD	CK HUTCHISON HLDGS HKD1.0 | 23 000.00 | 133 482.80 | 0.01 |
| HKD	CK INFRASTRUCTURE HKD1 | 6 500.00 | 32 726.92 | 0.00 |
| HKD	CLP HOLDINGS HKD5 | 16 500.00 | 119 646.40 | 0.01 |
| HKD	ESR CAYMAN LIMITED USD0.001 | 20 400.00 | 46 102.88 | 0.00 |
| HKD	GALAXY ENTERTAINME HKD0.10 | 18 000.00 | 107 693.29 | 0.01 |
| HKD	HANG LUNG PROP HKD1 | 17 000.00 | 31 318.94 | 0.00 |
| HKD	HANG SENG BANK HKD5 | 7 800.00 | 120 115.30 | 0.01 |
| HKD	HENDERSON LAND DEV HKD2 | 19 000.00 | 62 558.45 | 0.01 |
| HKD	HKT TRUST AND HKT SHARE STAPLED UNIT | 37 000.00 | 44 937.54 | 0.00 |
| HKD	HONG KONG EXCHANGE HKD1 | 10 300.00 | 403 792.20 | 0.03 |
| USD	HONGKONG LAND HLD ORD USD0.10(SINGAPORE REG) | 10 200.00 | 40 902.00 | 0.00 |
| HKD	HONGKONG&CHINA GAS HKD0.25 | 111 300.00 | 94 680.93 | 0.01 |
| USD	JARDINE MATHESON COM USD0.25(BERMUDA REG) | 1 200.00 | 57 984.00 | 0.01 |
| HKD	MTR CORP HKD1 | 17 500.00 | 84 187.43 | 0.01 |
| HKD	NEW WORLD DEVEL CO NPV POST CON | 9 000.00 | 21 308.05 | 0.00 |
| HKD	POWER ASSETS HOLDINGS LTD HKD1 | 13 500.00 | 69 441.42 | 0.01 |
| HKD	SINO LAND CO HKD1 | 38 583.00 | 47 997.04 | 0.01 |
| HKD	SITC INTERNATIONAL HKD0.10 | 15 000.00 | 32 746.14 | 0.00 |
| HKD	SUN HUNG KAI PROP NPV | 12 000.00 | 144 052.27 | 0.01 |
| HKD	SWIRE PACIFIC ‘A’HKD0.60 | 4 000.00 | 31 285.63 | 0.00 |
| HKD	SWIRE PROPERTIES LTD HKD1 | 8 000.00 | 17 915.57 | 0.00 |
| HKD	TECHTRONIC INDUSTR HKD0.1 | 12 500.00 | 148 613.16 | 0.01 |
| HKD	THE LINK REAL ESTATE INVESTMENT TRUST | 17 494.00 | 117 665.11 | 0.01 |
| HKD	WH GROUP LTD USD0.0001 | 80 603.00 | 47 191.81 | 0.00 |
| HKD	WHARF REAL ESTATE HKD0.1 | 17 000.00 | 78 406.25 | 0.01 |
| HKD	XINYI GLASS HLDGS HKD0.1 | 14 000.00 | 26 832.36 | 0.00 |
| Total Hong Kong |  | 3 456 454.95 | 0.28 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l'actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
| Irlande |  |  |  |  |
| EUR | AIB GROUP PLC ORD EUR0.625 | 4 707.00 | 14 995.27 | 0.00 |
| EUR | BANK OF IRELAND GR EUR1 | 7 443.00 | 59 838.05 | 0.00 |
| EUR | CRH ORD EUR0.32 | 6 615.00 | 258 891.23 | 0.02 |
| GBP | DCC ORD EUR0.25 | 756.00 | 39 515.06 | 0.00 |
| GBP | EXPERIAN ORD USD0.10 | 7 983.00 | 276 177.03 | 0.02 |
| EUR | FLUTTER ENTERTAINM ORD EUR0.09 | 1 506.00 | 218 254.40 | 0.02 |
| AUD | JAMES HARDIE ID PLC CUFS EUR0.5 | 3 695.00 | 72 256.61 | 0.01 |
| EUR | KERRY GROUP ‘A’ORD EUR0.125(DUBLIN LIST) | 1 357.00 | 126 505.66 | 0.01 |
| EUR | KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 1 338.00 | 73 622.78 | 0.01 |
| EUR | SMURFIT KAPPA GRP ORD EUR0.001 | 2 118.00 | 74 648.74 | 0.01 |
| Total Irlande |  | 1 214 704.83 | 0.10 |
| Ile de Man |  |  |  |
| GBP	ENTAIN PLC ORD EUR0.01 | 5 065.00 | 84 567.36 | 0.01 |
| Total Ile de Man |  | 84 567.36 | 0.01 |
| Israël |  |  |  |
| ILS	AZRIELI GROUP ILS0.01 | 352.00 | 24 495.03 | 0.00 |
| ILS	BANK HAPOALIM B.M. ILS1 | 11 301.00 | 106 842.48 | 0.01 |
| ILS	BEZEQ ISRAEL TELCM ILS1 | 16 998.00 | 31 037.13 | 0.00 |
| ILS	BK LEUMI LE ISRAEL ILS1 | 13 024.00 | 115 997.89 | 0.01 |
| USD	CHECK POINT SFTWRE ORD ILS0.01 | 874.00 | 116 093.42 | 0.01 |
| USD	CYBER-ARK SOFTWARE COM ILS0.01 | 400.00 | 59 628.00 | 0.01 |
| ILS	ELBIT SYSTEMS LTD ILS1 | 167.00 | 28 750.54 | 0.00 |
| ILS	ICL GROUP LTD ILS1 | 6 936.00 | 56 448.10 | 0.01 |
| ILS	ISRAEL DISCOUNT BK ILS0.10 SER’A’ | 9 466.00 | 54 952.90 | 0.00 |
| ILS	MIZRAHI TEFAHOT BK ILS0.01 | 1 568.00 | 56 761.21 | 0.01 |
| ILS	NICE SYSTEMS ILS1 | 538.00 | 100 885.72 | 0.01 |
| USD	TEVA PHARMA IND ADR(CNV 1 ORD ILS0.10) | 9 500.00 | 83 315.00 | 0.01 |
| ILS	TOWER SEMICONDUCTO ORD ILS1 | 1 074.00 | 47 127.38 | 0.00 |
| USD	WIX.COM LTD COM ILS0.01 | 538.00 | 48 683.62 | 0.00 |
| USD	ZIM INTEGRATED SHI COM NPV | 800.00 | 16 816.00 | 0.00 |
| Total Israël |  | 947 834.42 | 0.08 |
| Italie |  |  |  |
| EUR	AMPLIFON EUR0.02 | 1 138.00 | 31 461.26 | 0.00 |
| EUR	ASSIC GENERALI SPA EUR1 | 9 572.00 | 166 957.42 | 0.01 |
| EUR	DAVIDE CAMPARI MIL EUR0.01 | 4 298.00 | 44 364.99 | 0.00 |
| EUR	DIASORIN SPA EUR1 | 238.00 | 31 109.95 | 0.00 |
| EUR	ENEL EUR1 | 70 555.00 | 372 969.47 | 0.03 |
| EUR	ENI SPA EUR1 | 21 794.00 | 321 433.32 | 0.03 |
| EUR	FERRARI NV EUR0.01(NEW) | 1 085.00 | 236 728.38 | 0.02 |
| EUR	FINECOBANK SPA EUR0.33 | 5 455.00 | 86 722.48 | 0.01 |
| EUR	INFRASTRUTTURE WIR NPV | 2 686.00 | 26 268.05 | 0.00 |
| EUR	INTESA SANPAOLO NPV | 143 367.00 | 313 245.03 | 0.03 |
| EUR	MEDIOBANCA SPA EUR0.5 | 5 880.00 | 55 784.71 | 0.01 |
| EUR	MONCLER SPA NPV | 1 823.00 | 92 069.40 | 0.01 |
| EUR	NEXI SPA NPV | 4 415.00 | 38 203.78 | 0.00 |
| EUR	POSTE ITALIANE SPA NPV | 3 981.00 | 38 473.56 | 0.00 |
| EUR	PRYSMIAN SPA EUR0.10 | 2 178.00 | 74 902.10 | 0.01 |
| EUR	RECORDATI EUR0.125 | 1 014.00 | 42 430.81 | 0.00 |
| EUR	SNAM EUR1 | 16 860.00 | 84 507.99 | 0.01 |
| EUR	TELECOM ITALIA SPA EUR0.55 | 101 335.00 | 21 514.83 | 0.00 |
| EUR	TERNA SPA ORD EUR0.22 | 12 033.00 | 90 569.28 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 18 005.00 | 241 449.96 | 0.02 |
| Total Italie |  | 2 411 166.77 | 0.20 |
| Japon |  |  |  |
| JPY	ADVANTEST CORP NPV | 1 800.00 | 117 772.68 | 0.01 |
| JPY	AEON CO LTD NPV | 5 400.00 | 109 246.09 | 0.01 |
| JPY	AGC INC NPV | 2 000.00 | 65 930.91 | 0.01 |
| JPY	AISIN CORPORATION NPV | 1 400.00 | 37 774.11 | 0.00 |
| JPY	AJINOMOTO CO INC NPV | 4 200.00 | 130 478.72 | 0.01 |
| JPY	ANA HOLDINGS INC NPV | 1 200.00 | 25 321.77 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 3 900.00 | 122 919.59 | 0.01 |
| JPY	ASAHI INTECC CO LT NPV | 1 800.00 | 31 139.46 | 0.00 |
| JPY	ASAHI KASEI CORP NPV | 10 100.00 | 73 755.91 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 15 700.00 | 239 426.69 | 0.02 |
| JPY	AZBIL CORP NPV | 1 000.00 | 29 919.74 | 0.00 |
| JPY	BANDAI NAMCO HLDGS NPV | 1 700.00 | 110 194.21 | 0.01 |
| JPY	BRIDGESTONE CORP NPV | 4 900.00 | 181 441.16 | 0.02 |
| JPY	BROTHER INDUSTRIES NPV | 2 000.00 | 31 732.84 | 0.00 |
| JPY	CANON INC NPV | 8 600.00 | 197 959.01 | 0.02 |
| JPY	CAPCOM CO LTD NPV | 1 600.00 | 47 871.58 | 0.00 |
| JPY	CENTRAL JAPAN RLWY NPV | 1 300.00 | 154 930.49 | 0.01 |
| JPY	CHIBA BANK NPV | 5 300.00 | 31 676.94 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 6 100.00 | 56 305.00 | 0.01 |
| JPY	CHUGAI PHARM CO NPV | 6 200.00 | 161 020.50 | 0.01 |
| JPY	CONCORDIA FINANCIA NPV | 10 400.00 | 35 551.10 | 0.00 |
| JPY	CYBER AGENT NPV | 3 600.00 | 31 707.04 | 0.00 |
| JPY	DAI NIPPON PRINTNG NPV | 1 900.00 | 38 683.53 | 0.00 |
| JPY	DAI-ICHI LIFE HOLD NPV | 8 400.00 | 153 113.09 | 0.01 |
| JPY	DAIFUKU CO LTD NPV | 900.00 | 45 406.34 | 0.00 |
| JPY	DAIICHI SANKYO COM NPV | 15 200.00 | 492 142.75 | 0.04 |
| JPY	DAIKIN INDUSTRIES NPV | 2 200.00 | 353 239.21 | 0.03 |
| JPY	DAITO TRUST CONST NPV | 500.00 | 54 894.65 | 0.01 |
| JPY	DAIWA HOUSE INDS NPV | 5 000.00 | 113 193.35 | 0.01 |
| JPY	DAIWA HOUSE REIT I REIT | 15.00 | 33 055.04 | 0.00 |
| JPY	DAIWA SECS GROUP NPV | 11 300.00 | 49 236.06 | 0.00 |
| JPY	DENSO CORP NPV | 3 700.00 | 199 238.93 | 0.02 |
| JPY	DENTSU GROUP INC NPV | 2 100.00 | 66 217.57 | 0.01 |
| JPY	DISCO CORPORATION NPV | 300.00 | 87 286.80 | 0.01 |
| JPY	EAST JAPAN RAILWAY NPV | 2 600.00 | 145 539.63 | 0.01 |
| JPY	EISAI CO NPV | 2 200.00 | 147 129.14 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l'actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | swaps (note 1) |  |
|  |  |  |  |  |
| JPY | ENEOS HOLDINGS INC NPV | 28 800.00 | 96 178.87 | 0.01 |
| JPY | FANUC CORP NPV | 1 600.00 | 233 510.10 | 0.02 |
| JPY | FAST RETAILING CO NPV | 500.00 | 289 558.55 | 0.02 |
| JPY | FUJI ELECTRIC CO L NPV | 1 200.00 | 48 330.23 | 0.00 |
| JPY | FUJI FILM HLD CORP NPV | 3 000.00 | 157 266.73 | 0.01 |
| JPY | FUJITSU NPV | 1 700.00 | 224 957.00 | 0.02 |
| JPY | GLP J-REIT REIT | 39.00 | 43 041.42 | 0.00 |
| JPY | GMO PAYMENT GATEWA NPV | 400.00 | 34 857.39 | 0.00 |
| JPY | HAKUHODO DY HLDGS NPV | 2 400.00 | 22 892.36 | 0.00 |
| JPY | HAMAMATSU PHOTONIC NPV | 1 400.00 | 71 836.03 | 0.01 |
| JPY | HANKYU HANSHIN HLD NPV | 2 200.00 | 67 636.52 | 0.01 |
| JPY | HIKARI TSUSHIN INC NPV | 100.00 | 13 738.00 | 0.00 |
| JPY | HIROSE ELECTRIC NPV | 220.00 | 28 694.28 | 0.00 |
| JPY | HITACHI CONST MACH NPV | 900.00 | 20 703.74 | 0.00 |
| JPY | HITACHI NPV | 8 400.00 | 439 383.69 | 0.04 |
| JPY | HONDA MOTOR CO NPV | 14 100.00 | 339 111.37 | 0.03 |
| JPY | HOSHIZAKI CORPORAT NPV | 1 200.00 | 39 859.54 | 0.00 |
| JPY | HOYA CORP NPV | 3 200.00 | 322 430.84 | 0.03 |
| JPY | HULIC CO LTD NPV | 3 300.00 | 27 267.45 | 0.00 |
| JPY | IBIDEN CO LTD NPV | 1 300.00 | 51 332.95 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 2 058.00 | 47 785.01 | 0.00 |
| JPY | IIDA GROUP HOLDING NPV | 1 500.00 | 23 573.89 | 0.00 |
| JPY | INPEX CORPORATION NPV | 9 100.00 | 99 973.48 | 0.01 |
| JPY | ISUZU MOTORS NPV | 5 000.00 | 64 282.64 | 0.01 |
| JPY | ITO EN LTD NPV | 500.00 | 18 883.47 | 0.00 |
| JPY | ITOCHU CORP NPV | 10 200.00 | 313 368.21 | 0.03 |
| JPY | ITOCHU TECHNO-SOLU NPV | 900.00 | 21 606.71 | 0.00 |
| JPY | JAPAN AIRLINES CO NPV | 1 000.00 | 19 585.78 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 4 000.00 | 56 628.92 | 0.01 |
| JPY | JAPAN METRO FUND REIT | 67.00 | 52 864.41 | 0.01 |
| JPY | JAPAN POST BANK CO NPV | 2 200.00 | 16 570.16 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 22 200.00 | 171 503.51 | 0.01 |
| JPY | JAPAN POST INSURAN NPV | 1 500.00 | 24 584.35 | 0.00 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 12.00 | 52 372.08 | 0.00 |
| JPY | JAPAN TOBACCO INC NPV | 10 000.00 | 201 770.10 | 0.02 |
| JPY | JFE HOLDINGS INC NPV | 5 000.00 | 54 679.66 | 0.01 |
| JPY | JSR CORP NPV | 1 400.00 | 28 824.71 | 0.00 |
| JPY | KAJIMA CORP NPV | 3 700.00 | 41 099.33 | 0.00 |
| JPY | KAKAKU.COM. INC NPV | 1 000.00 | 17 400.03 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 5 900.00 | 49 300.56 | 0.00 |
| JPY | KAO CORP NPV | 4 000.00 | 156 542.93 | 0.01 |
| JPY | KDDI CORP NPV | 13 900.00 | 409 509.10 | 0.03 |
| JPY | KEIO CORPORATION NPV | 900.00 | 33 022.79 | 0.00 |
| JPY | KEISEI ELEC RY CO NPV | 1 100.00 | 30 862.12 | 0.00 |
| JPY | KEYENCE CORP NPV | 1 700.00 | 696 130.14 | 0.06 |
| JPY | KIKKOMAN CORP NPV | 1 300.00 | 71 922.03 | 0.01 |
| JPY | KINTETSU GROUP HOL NPV | 1 600.00 | 56 184.61 | 0.01 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 6 700.00 | 103 952.27 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 500.00 | 30 457.22 | 0.00 |
| JPY | KOBE BUSSAN CO LTD NPV | 1 600.00 | 40 991.83 | 0.00 |
| JPY | KOEI TECMO HOLDING NPV | 1 040.00 | 17 701.02 | 0.00 |
| JPY | KOITO MFG CO LTD NPV | 1 800.00 | 27 927.48 | 0.00 |
| JPY | KOMATSU NPV | 7 800.00 | 177 699.58 | 0.02 |
| JPY | KONAMI HOLDINGS CORP NPV | 800.00 | 36 978.64 | 0.00 |
| JPY | KOSE CORPORATION NPV | 300.00 | 31 152.36 | 0.00 |
| JPY | KUBOTA CORP NPV | 8 600.00 | 125 111.08 | 0.01 |
| JPY | KURITA WATER INDS NPV | 900.00 | 39 343.56 | 0.00 |
| JPY | KYOCERA CORP NPV | 2 700.00 | 135 077.40 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 2 600.00 | 59 158.66 | 0.01 |
| JPY | LASERTEC CORP NPV | 700.00 | 126 089.29 | 0.01 |
| JPY | LIXIL CORPORATION COM NPV | 2 300.00 | 34 762.08 | 0.00 |
| JPY | M3 INC NPV | 3 700.00 | 111 498.50 | 0.01 |
| JPY | MAKITA CORP NPV | 1 400.00 | 31 403.18 | 0.00 |
| JPY | MARUBENI CORP NPV | 13 100.00 | 145 326.07 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 6 000.00 | 46 911.28 | 0.00 |
| JPY | MCDONALD’S HOLDING NPV | 700.00 | 25 634.23 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 1 100.00 | 52 028.09 | 0.00 |
| JPY | MINEBEA MITSUMI INC | 2 600.00 | 41 793.03 | 0.00 |
| JPY | MISUMI GROUP INC NPV | 2 800.00 | 67 220.87 | 0.01 |
| JPY | MITSUBISHI CHEM HL NPV | 12 100.00 | 63 231.47 | 0.01 |
| JPY | MITSUBISHI CORP NPV | 10 900.00 | 359 714.06 | 0.03 |
| JPY | MITSUBISHI ELEC CP NPV | 16 300.00 | 160 909.06 | 0.01 |
| JPY | MITSUBISHI ESTATE NPV | 10 500.00 | 145 979.65 | 0.01 |
| JPY | MITSUBISHI HC CAPI NPV | 5 200.00 | 24 371.51 | 0.00 |
| JPY | MITSUBISHI HVY IND NPV | 2 700.00 | 105 589.08 | 0.01 |
| JPY | MITSUBISHI UFJ FIN NPV | 103 400.00 | 559 533.75 | 0.05 |
| JPY | MITSUI & CO NPV | 12 500.00 | 356 797.33 | 0.03 |
| JPY | MITSUI CHEMICALS NPV | 1 300.00 | 28 880.61 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 7 600.00 | 151 221.16 | 0.01 |
| JPY | MITSUI O.S.K.LINES NPV | 3 000.00 | 72 344.85 | 0.01 |
| JPY | MIZUHO FINL GP NPV | 20 730.00 | 255 076.75 | 0.02 |
| JPY | MONOTARO CO.LTD NPV | 2 000.00 | 33 481.44 | 0.00 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 3 600.00 | 105 776.12 | 0.01 |
| JPY | MURATA MFG CO NPV | 4 900.00 | 262 101.19 | 0.02 |
| JPY | NEC CORP NPV | 2 100.00 | 73 065.07 | 0.01 |
| JPY | NEXON CO LTD NPV | 4 200.00 | 87 106.21 | 0.01 |
| JPY | NGK INSULATORS NPV | 2 700.00 | 35 041.57 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 3 800.00 | 232 400.75 | 0.02 |
| JPY | NIHON M&A CENTER I NPV | 3 200.00 | 42 195.79 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 9 500.00 | 401 268.45 | 0.03 |
| JPY | NIPPON BUILDING FD REIT | 15.00 | 68 797.48 | 0.01 |
| JPY | NIPPON EXPRESS HLD NPV | 700.00 | 40 583.35 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 7 600.00 | 61 000.43 | 0.01 |
| JPY | NIPPON PROLOGIS RE REIT | 19.00 | 45 954.57 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l'actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | swaps (note 1) |  |
|  |  |  |  |  |
| JPY | NIPPON SANSO HOLDI NPV | 1 900.00 | 30 949.55 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 400.00 | 23 190.48 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 6 800.00 | 106 843.92 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 10 200.00 | 279 231.76 | 0.02 |
| JPY | NIPPON YUSEN KK NPV | 4 500.00 | 97 939.66 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 1 200.00 | 57 961.87 | 0.01 |
| JPY | NISSAN MOTOR CO NPV | 19 400.00 | 68 290.67 | 0.01 |
| JPY | NISSHIN SEIFUN GRP NPV | 900.00 | 10 416.37 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 500.00 | 37 551.96 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 700.00 | 78 081.55 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 1 500.00 | 92 554.11 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 23 000.00 | 82 529.02 | 0.01 |
| JPY | NOMURA REAL EST MA REIT | 32.00 | 39 558.55 | 0.00 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 1 400.00 | 33 309.45 | 0.00 |
| JPY | NOMURA RESEARCH IN NPV | 3 200.00 | 68 705.75 | 0.01 |
| JPY | NTT DATA CORP NPV | 5 600.00 | 84 357.17 | 0.01 |
| JPY | OBAYASHI CORP NPV | 5 500.00 | 40 361.19 | 0.00 |
| JPY | OBIC CO LTD NPV | 600.00 | 93 306.58 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 2 600.00 | 33 576.04 | 0.00 |
| JPY | OJI HOLDINGS CO NPV | 9 000.00 | 34 054.75 | 0.00 |
| JPY | OLYMPUS CORP NPV | 10 600.00 | 213 154.65 | 0.02 |
| JPY | OMRON CORP NPV | 1 500.00 | 75 720.22 | 0.01 |
| JPY | ONO PHARMACEUTICAL NPV | 3 000.00 | 75 591.23 | 0.01 |
| JPY | OPEN HOUSE CO LTD NPV | 600.00 | 24 853.09 | 0.00 |
| JPY | ORACLE CORP JAPAN NPV | 300.00 | 17 263.87 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 1 700.00 | 240 246.52 | 0.02 |
| JPY | ORIX CORP NPV | 10 200.00 | 161 581.63 | 0.01 |
| JPY | OSAKA GAS CO NPV | 2 700.00 | 41 059.19 | 0.00 |
| JPY | OTSUKA CORP NPV | 1 000.00 | 32 750.47 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 3 200.00 | 107 553.39 | 0.01 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 3 600.00 | 61 504.94 | 0.01 |
| JPY | PANASONIC CORP NPV | 18 800.00 | 171 643.97 | 0.01 |
| JPY | PERSOL HOLDINGS CO NPV | 1 500.00 | 33 861.26 | 0.00 |
| JPY | RAKUTEN GROUP INC NPV | 7 500.00 | 35 097.46 | 0.00 |
| JPY | RECRUIT HLDGS CO L NPV | 12 500.00 | 387 792.03 | 0.03 |
| JPY | RENESAS ELECTRONIC NPV | 9 800.00 | 92 423.68 | 0.01 |
| JPY | RESONA HOLDINGS NPV | 16 500.00 | 78 148.56 | 0.01 |
| JPY | RICOH CO NPV | 5 300.00 | 41 248.39 | 0.00 |
| JPY | ROHM CO LTD NPV | 700.00 | 54 428.84 | 0.01 |
| JPY | SBI HOLDINGS INC NPV | 1 900.00 | 35 647.13 | 0.00 |
| JPY | SCSK CORP | 1 500.00 | 23 670.63 | 0.00 |
| JPY | SECOM CO NPV | 1 800.00 | 109 452.49 | 0.01 |
| JPY | SEIKO EPSON CORP NPV | 2 800.00 | 43 181.88 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 3 100.00 | 42 809.95 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 5 200.00 | 95 660.03 | 0.01 |
| JPY | SEVEN & I HOLDINGS NPV | 6 400.00 | 255 880.75 | 0.02 |
| JPY | SG HOLDINGS CO LTD NPV | 2 300.00 | 35 108.21 | 0.00 |
| JPY | SHARP CORP NPV | 2 500.00 | 17 432.28 | 0.00 |
| JPY | SHIMADZU CORP NPV | 2 200.00 | 65 902.25 | 0.01 |
| JPY | SHIMANO INC NPV | 600.00 | 100 530.31 | 0.01 |
| JPY | SHIMIZU CORP NPV | 5 900.00 | 31 203.96 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 3 200.00 | 402 923.89 | 0.03 |
| JPY | SHIONOGI & CO NPV | 2 200.00 | 109 574.32 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 3 300.00 | 137 141.32 | 0.01 |
| JPY | SHIZUOKA FINANCIAL NPV | 4 200.00 | 30 249.39 | 0.00 |
| JPY | SMC CORP NPV | 500.00 | 221 298.55 | 0.02 |
| JPY | SOFTBANK CORP NPV | 24 500.00 | 262 926.40 | 0.02 |
| JPY | SOFTBANK GROUP CO NPV | 10 400.00 | 443 606.13 | 0.04 |
| JPY | SOMPO HOLDINGS INC NPV | 2 600.00 | 112 895.23 | 0.01 |
| JPY | SONY GROUP CORPORA NPV | 10 900.00 | 879 170.85 | 0.07 |
| JPY | SQUARE-ENIX HOLDIN NPV | 1 000.00 | 44 360.04 | 0.00 |
| JPY | SUBARU CORPORATION NPV | 5 700.00 | 96 055.25 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 2 400.00 | 34 794.33 | 0.00 |
| JPY | SUMITOMO CHEM CO NPV | 14 600.00 | 52 105.49 | 0.00 |
| JPY | SUMITOMO CORP NPV | 9 400.00 | 151 367.35 | 0.01 |
| JPY | SUMITOMO ELECTRIC NPV | 5 800.00 | 66 525.01 | 0.01 |
| JPY | SUMITOMO METAL MNG NPV | 2 000.00 | 66 575.89 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 11 300.00 | 378 421.24 | 0.03 |
| JPY | SUMITOMO MITSUI TR NPV | 2 800.00 | 88 430.56 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 2 700.00 | 71 901.96 | 0.01 |
| JPY | SUNTORY BEVERAGE & NPV | 1 300.00 | 43 460.66 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 3 100.00 | 109 146.48 | 0.01 |
| JPY | SYSMEX CORP NPV | 1 400.00 | 83 454.21 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 5 100.00 | 60 963.16 | 0.01 |
| JPY | TAISEI CORP NPV | 1 700.00 | 50 741.72 | 0.00 |
| JPY | TAKEDA PHARMACEUTI NPV | 13 349.00 | 387 440.52 | 0.03 |
| JPY | TDK CORP NPV | 3 200.00 | 111 910.56 | 0.01 |
| JPY | TERUMO CORP NPV | 5 500.00 | 159 355.74 | 0.01 |
| JPY | TIS INC. NPV | 1 900.00 | 52 966.89 | 0.01 |
| JPY | TOBU RAILWAY CO NPV | 1 700.00 | 40 325.35 | 0.00 |
| JPY | TOHO CO LTD NPV | 900.00 | 34 119.25 | 0.00 |
| JPY | TOKIO MARINE HLDG NPV | 15 900.00 | 322 124.84 | 0.03 |
| JPY | TOKYO ELEC POWER H NPV | 13 200.00 | 47 203.67 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 1 300.00 | 420 073.10 | 0.04 |
| JPY | TOKYO GAS CO NPV | 3 700.00 | 66 978.64 | 0.01 |
| JPY | TOKYU CORP NPV | 4 700.00 | 58 909.99 | 0.01 |
| JPY | TOPPAN PRINTING CO NPV | 2 600.00 | 39 724.81 | 0.00 |
| JPY | TORAY INDS INC NPV | 11 400.00 | 60 341.41 | 0.01 |
| JPY | TOSHIBA CORP NPV | 3 600.00 | 120 997.56 | 0.01 |
| JPY | TOSOH CORP NPV | 2 000.00 | 23 262.15 | 0.00 |
| JPY | TOTO LTD NPV | 1 300.00 | 44 205.96 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 1 500.00 | 83 954.42 | 0.01 |
| JPY | TOYOTA MOTOR CORP NPV | 92 100.00 | 1 326 981.87 | 0.11 |
| JPY | TOYOTA TSUSHO CORP NPV | 2 200.00 | 82 456.64 | 0.01 |
| JPY | TREND MICRO INC NPV | 1 300.00 | 63 444.17 | 0.01 |
| JPY | UNICHARM CORP NPV | 3 400.00 | 123 851.23 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l'actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | swaps (note 1) |  |
|  |  |  |  |  |
| JPY | USS CO LTD NPV | 1 700.00 | 27 971.91 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 1 100.00 | 23 806.79 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 1 800.00 | 75 281.64 | 0.01 |
| JPY | YAKULT HONSHA CO NPV | 1 200.00 | 75 247.24 | 0.01 |
| JPY | YAMAHA CORP NPV | 1 400.00 | 54 278.34 | 0.01 |
| JPY | YAMAHA MOTOR CO NPV | 2 600.00 | 63 630.50 | 0.01 |
| JPY | YAMATO HOLDINGS CO NPV | 2 500.00 | 41 081.41 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 2 400.00 | 76 451.20 | 0.01 |
| JPY | YOKOGAWA ELECTRIC NPV | 2 500.00 | 45 972.48 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 24 700.00 | 66 113.30 | 0.01 |
| JPY | ZOZO INC NPV | 920.00 | 22 581.34 | 0.00 |
| Total Japon |  | 27 122 816.85 | 2.21 |
| Luxembourg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 4 533.00 | 120 465.68 | 0.01 |
| EUR	AROUNDTOWN SA EUR0.01 | 10 621.00 | 25 097.92 | 0.00 |
| EUR	EUROFINS SCIENTIFI EUR0.01 | 1 161.00 | 79 400.04 | 0.01 |
| EUR	TENARIS S.A. USD1 | 4 020.00 | 69 186.61 | 0.00 |
| Total Luxembourg |  | 294 150.25 | 0.02 |
| Macao |  |  |  |
| HKD	SANDS CHINA LTD USD0.01 REG’S’ | 17 600.00 | 47 351.23 | 0.00 |
| Total Macao |  | 47 351.23 | 0.00 |
| Pays-Bas |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 3 756.00 | 47 317.22 | 0.00 |
| EUR	ADYEN NV EUR0.01 | 186.00 | 280 339.51 | 0.02 |
| EUR	AEGON NV EUR0.12 | 15 537.00 | 74 613.14 | 0.01 |
| USD	AERCAP HOLDINGS EUR0.01 | 1 306.00 | 80 188.40 | 0.01 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 1 576.00 | 110 702.53 | 0.01 |
| EUR	ARGEN X NV EUR0.10 | 472.00 | 189 537.97 | 0.01 |
| EUR	ASM INTL NV EUR0.04 | 430.00 | 114 672.12 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 3 512.00 | 2 029 010.99 | 0.17 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 8 760.00 | 137 731.34 | 0.01 |
| EUR	EURONEXT EUR1.60 | 649.00 | 48 607.98 | 0.00 |
| EUR	EXOR NV EUR0.01 | 906.00 | 70 039.35 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 980.00 | 72 702.56 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 2 241.00 | 203 701.30 | 0.02 |
| EUR	IMCD NV EUR0.16 | 504.00 | 72 262.90 | 0.01 |
| EUR	ING GROEP N.V. EUR0.01 | 34 093.00 | 406 853.71 | 0.03 |
| EUR	JDE PEETS N.V. EUR0.01 | 827.00 | 25 153.92 | 0.00 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 1 699.00 | 37 769.01 | 0.00 |
| EUR	KON KPN NV EUR0.04 | 30 058.00 | 91 052.61 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 9 223.00 | 264 144.09 | 0.02 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 1 501.00 | 189 015.22 | 0.01 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 7 427.00 | 108 529.21 | 0.01 |
| EUR	NN GROUP N.V. EUR0.12 | 2 314.00 | 96 781.62 | 0.01 |
| EUR	OCI N.V. EUR0.02 | 637.00 | 26 615.90 | 0.00 |
| EUR	PROSUS N.V. EUR0.05 | 7 188.00 | 462 496.25 | 0.04 |
| EUR	QIAGEN NV EUR0.01 | 1 855.00 | 90 381.24 | 0.01 |
| EUR	RANDSTAD N.V. EUR0.10 | 1 002.00 | 56 744.01 | 0.00 |
| GBP	SHELL PLC ORD EUR0.07 | 63 766.00 | 1 855 947.43 | 0.15 |
| EUR	STMICROELECTRONICS EUR1.04 | 5 842.00 | 216 878.59 | 0.02 |
| EUR	UNIVERSAL MUSIC GR EUR10.00 | 6 231.00 | 144 354.36 | 0.01 |
| EUR	WOLTERS KLUWER EUR0.12 | 2 267.00 | 245 559.58 | 0.02 |
| Total Pays-Bas |  | 7 849 704.06 | 0.64 |
| Nouvelle-Zélande |  |  |  |
| NZD	AUCKLAND INTL NPV | 11 779.00 | 58 820.13 | 0.01 |
| NZD	FISHER & PAYKEL HE NPV | 4 663.00 | 68 350.07 | 0.01 |
| NZD	MERCURY NZ LTD NPV | 5 494.00 | 18 767.78 | 0.00 |
| NZD	MERIDIAN ENERGY LT NPV | 11 071.00 | 33 658.99 | 0.00 |
| NZD	SPARK NEW ZEALAND NPV | 21 585.00 | 69 043.18 | 0.01 |
| AUD	XERO LIMITED NPV | 1 052.00 | 49 767.60 | 0.00 |
| Total Nouvelle-Zélande |  | 298 407.75 | 0.03 |
| Norvège |  |  |  |
| NOK	ADEVINTA ASA SER’B’NOK0.2 | 2 223.00 | 17 222.36 | 0.00 |
| NOK	AKER BP ASA NOK1 | 2 815.00 | 96 466.86 | 0.01 |
| NOK	DNB BANK ASA NOK12.50 | 8 332.00 | 159 183.85 | 0.01 |
| NOK	EQUINOR ASA NOK2.50 | 8 441.00 | 320 924.18 | 0.03 |
| NOK	GJENSIDIGE FORSIKR NOK2 | 1 887.00 | 35 805.34 | 0.00 |
| NOK	KONGSBERG GRUPPEN NOK5 | 805.00 | 32 648.39 | 0.00 |
| NOK	MOWI ASA NOK7.50 | 3 003.00 | 46 274.60 | 0.00 |
| NOK	NORSK HYDRO ASA NOK3.6666 | 11 992.00 | 87 289.77 | 0.01 |
| NOK	ORKLA ASA NOK1.25 | 6 723.00 | 47 170.19 | 0.00 |
| NOK	SALMAR ASA NOK0.25 | 461.00 | 15 959.76 | 0.00 |
| NOK	TELENOR ASA ORD NOK6 | 5 823.00 | 55 653.75 | 0.01 |
| NOK	YARA INTERNATIONAL NOK1.7 | 1 431.00 | 64 581.32 | 0.01 |
| Total Norvège |  | 979 180.37 | 0.08 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 21 805.00 | 101 458.42 | 0.01 |
| EUR	GALP ENERGIA EUR1-B | 5 122.00 | 62 152.53 | 0.01 |
| EUR	JERONIMO MARTINS EUR5 | 2 729.00 | 59 570.19 | 0.00 |
| Total Portugal |  | 223 181.14 | 0.02 |
| Singapour |  |  |  |
| SGD	CAPITALAND INVESTM NPV | 25 900.00 | 69 366.56 | 0.01 |
| SGD	CITY DEVELOPMENTS SGD0.50 | 2 700.00 | 16 334.38 | 0.00 |
| SGD	DBS GROUP HLDGS SGD1 | 15 200.00 | 390 343.72 | 0.03 |
| SGD	GENTING SINGAPORE LTD | 61 800.00 | 39 687.66 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l'actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | swaps (note 1) |  |
|  |  |  |  |  |
| USD | GRAB HLDGS LTD COM USD0.000001 CL A | 10 300.00 | 31 106.00 | 0.00 |
| SGD | JARDINE CYCLE & CA SGD1 | 300.00 | 6 613.88 | 0.00 |
| SGD | KEPPEL CORP NPV | 11 000.00 | 60 526.89 | 0.01 |
| SGD | MAPLETREE LOGISTICS TRUST-UNITS REIT | 23 747.00 | 27 900.95 | 0.00 |
| SGD | OVERSEA-CHINESE BK NPV | 27 887.00 | 253 166.66 | 0.02 |
| USD | SEA LTD ADS EACH REP ONE CL A SHS | 3 000.00 | 175 110.00 | 0.01 |
| SGD | SINGAPORE AIRLINES NPV | 13 700.00 | 54 987.96 | 0.01 |
| SGD | SINGAPORE EXCHANGE SGD0.01 | 7 400.00 | 48 872.51 | 0.00 |
| SGD | SINGAPORE TECH ENG NPV | 21 600.00 | 54 066.99 | 0.01 |
| SGD | SINGAPORE TELECOMM NPV | 79 000.00 | 156 812.38 | 0.01 |
| SGD | UOL GROUP LIMITED SGD1 | 2 300.00 | 11 178.57 | 0.00 |
| SGD | UTD O/S BANK SGD1 | 9 600.00 | 218 579.87 | 0.02 |
| SGD | VENTURE CORP LTD SGD0.25 | 1 800.00 | 22 724.95 | 0.00 |
| SGD | WILMAR INTERNATIONAL LTD | 24 600.00 | 73 604.32 | 0.01 |
| Total Singapour	1 710 984.25	0.14 |
| Espagne |  |  |  |  |
| EUR | ACCIONA SA EUR1 | 179.00 | 34 354.89 | 0.00 |
| EUR | ACS ACTIVIDADES CO EUR0.5 | 2 296.00 | 63 971.91 | 0.01 |
| EUR | AENA SME S.A. EUR10 | 644.00 | 81 759.56 | 0.01 |
| EUR | AMADEUS IT GROUP EUR0.01 | 3 869.00 | 204 205.27 | 0.02 |
| EUR | BANCO SANTANDER SA EUR0.50(REGD) | 149 028.00 | 437 399.76 | 0.04 |
| EUR | BBVA(BILB-VIZ-ARG) EUR0.49 | 57 704.00 | 333 436.55 | 0.03 |
| EUR | CAIXABANK SA EUR1 | 37 807.00 | 138 661.45 | 0.01 |
| EUR | CELLNEX TELECOM SA EUR0.25 | 4 835.00 | 162 294.46 | 0.01 |
| EUR | CORP ACCIONA ENERG EUR1 | 205.00 | 7 991.42 | 0.00 |
| EUR | EDP RENOVAVEIS SA EUR5 | 2 760.00 | 62 662.44 | 0.01 |
| EUR | ENAGAS SA EUR1.50 | 2 423.00 | 42 986.13 | 0.00 |
| EUR | ENDESA SA EUR1.2 | 3 076.00 | 56 059.50 | 0.00 |
| EUR | FERROVIAL SA EUR0.2 | 4 021.00 | 105 989.70 | 0.01 |
| EUR | GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 2 935.00 | 30 688.65 | 0.00 |
| EUR | IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 52 668.00 | 584 595.15 | 0.05 |
| EUR | INDITEX EUR0.03 (POST SUBD) | 9 512.00 | 243 479.61 | 0.02 |
| EUR | NATURGY ENERGY GRO EUR1 | 1 074.00 | 29 614.51 | 0.00 |
| EUR | RED ELECTRICA CORP EUR0.5 | 3 592.00 | 62 116.35 | 0.00 |
| EUR | REPSOL SA EUR1 | 12 433.00 | 189 464.25 | 0.02 |
| EUR | SIEMENS GAMESA REN EUR0.17 | 2 036.00 | 37 797.50 | 0.00 |
| EUR | TELEFONICA SA EUR1 | 44 821.00 | 165 447.55 | 0.01 |
| Total Espagne	3 074 976.61	0.25 |
| Suède |  |  |  |  |
| SEK | ALFA LAVAL AB NPV | 2 630.00 | 73 421.39 | 0.01 |
| SEK | ASSA ABLOY SER’B’NPV (POST SPLIT) | 9 053.00 | 202 304.05 | 0.02 |
| SEK | ATLAS COPCO AB SER’A’NPV (POST SPLIT) | 23 368.00 | 283 033.34 | 0.02 |
| SEK | ATLAS COPCO AB SER’B’NPV (POST SPLIT) | 13 522.00 | 148 308.59 | 0.01 |
| SEK | BOLIDEN AB NPV (POST SPLIT) | 2 324.00 | 84 536.43 | 0.01 |
| SEK | ELECTROLUX AB SER’B’NPV (POST SPLIT) | 1 810.00 | 25 208.76 | 0.00 |
| SEK | EMBRACER GROUP AB SER’B’NPV (POST SPLIT) | 4 340.00 | 18 072.14 | 0.00 |
| SEK | EPIROC AB SER’A’NPV (POST SPLIT) | 5 696.00 | 106 775.30 | 0.01 |
| SEK | EPIROC AB SER’B’NPV | 3 124.00 | 50 886.06 | 0.01 |
| SEK | EQT AB NPV | 2 965.00 | 65 395.83 | 0.01 |
| SEK | ERICSSON SER’B’ NPV | 25 087.00 | 153 197.31 | 0.01 |
| SEK | ESSITY AB SER’B’NPV | 5 348.00 | 128 185.90 | 0.01 |
| SEK | EVOLUTION AB NPV | 1 580.00 | 158 091.86 | 0.01 |
| SEK | FASTIGHETS AB BALD SER’B’NPV (POST SPLIT) | 3 672.00 | 15 863.86 | 0.00 |
| SEK | GETINGE AB SER’B’NPV | 1 678.00 | 38 048.39 | 0.00 |
| SEK | HENNES & MAURITZ SER’B’NPV | 6 107.00 | 66 809.45 | 0.01 |
| SEK | HEXAGON AB SER’B’NPV (POST SPLIT) | 17 141.00 | 189 914.40 | 0.02 |
| SEK | HOLMEN AB SER’B’NPV (POST SPLIT) | 756.00 | 30 477.35 | 0.00 |
| SEK | HUSQVARNA AB SER’B’NPV | 2 989.00 | 22 687.00 | 0.00 |
| SEK | INDUSTRIVARDEN AB SER’C’NPV | 1 298.00 | 32 389.75 | 0.00 |
| SEK | INDUSTRIVARDEN AB SER’A’NPV | 766.00 | 19 250.92 | 0.00 |
| SEK | INDUTRADE AB NPV | 2 426.00 | 50 754.95 | 0.01 |
| SEK | INVESTOR AB SER’A’NPV (POST SPLIT) | 4 438.00 | 83 214.06 | 0.01 |
| SEK | INVESTOR AB SER’B’NPV (POST SPLIT) | 15 802.00 | 285 994.30 | 0.02 |
| SEK | KINNEVIK AB SER’B’NPV (POST SPLIT) | 1 959.00 | 29 273.49 | 0.00 |
| SEK | LATOUR INVESTMENT SER’B’NPV (POST SPLIT) | 987.00 | 18 946.24 | 0.00 |
| SEK | LIFCO AB SER’B’NPV (POST SPLIT) | 2 104.00 | 35 415.89 | 0.00 |
| SEK | LUNDBERGFORETAGEN SER’B’NPV | 581.00 | 24 670.08 | 0.00 |
| SEK | NIBE INDUSTRIER AB SER’B’NPV (POST SPLIT) | 13 720.00 | 126 060.65 | 0.01 |
| SEK | SAGAX AB NPV B | 2 116.00 | 45 777.42 | 0.01 |
| SEK | SANDVIK AB NPV (POST SPLIT) | 9 129.00 | 163 510.10 | 0.01 |
| SEK | SECURITAS SER’B’NPV | 3 964.00 | 31 737.87 | 0.00 |
| SEK | SKAND ENSKILDA BKN SER’A’NPV | 13 673.00 | 153 542.05 | 0.01 |
| SEK | SKANSKA AB SER’B’NPV | 2 524.00 | 39 870.20 | 0.00 |
| SEK | SKF AB SER’B’NPV | 3 629.00 | 58 992.77 | 0.01 |
| SEK | SVENSKA CELLULOSA SER’B’NPV | 5 160.00 | 68 275.47 | 0.01 |
| SEK | SVENSKA HANDELSBKN SER’A’NPV (P/S) | 12 796.00 | 126 774.45 | 0.01 |
| SEK | SWEDBANK AB SER’A’NPV | 7 940.00 | 125 982.11 | 0.01 |
| SEK | SWEDISH ORPHAN BIOVITRUM AB NPV | 1 662.00 | 35 394.53 | 0.00 |
| SEK | TELE2 AB SHS | 5 137.00 | 44 713.55 | 0.00 |
| SEK | TELIA COMPANY AB NPV | 26 173.00 | 70 244.31 | 0.01 |
| SEK | VOLVO AB SER’A’NPV (POST SPLIT) | 1 680.00 | 31 476.96 | 0.00 |
| SEK | VOLVO AB SER’B’NPV (POST SPLIT) | 13 839.00 | 249 143.01 | 0.02 |
| SEK | VOLVO CAR AB SER’B’NPV (WI) | 5 632.00 | 27 241.56 | 0.00 |
| Total Suède | 3 839 864.10 | 0.31 |
| Suisse |  |  |  |  |
| CHF | ABB LTD CHF0.12 (REGD) | 14 313.00 | 441 070.25 | 0.04 |
| CHF | ADECCO GROUP AG CHF0.1 (REGD) | 1 195.00 | 39 948.31 | 0.00 |
| CHF | ALCON AG CHF0.04 | 4 252.00 | 285 891.49 | 0.02 |
| CHF | BACHEM HOLDING AG CHF0.01 (REGD) (SUBD) | 330.00 | 31 432.69 | 0.00 |
| CHF | BALOISE-HLDGS CHF0.1(REGD) | 389.00 | 58 099.92 | 0.00 |
| CHF | BARRY CALLEBAUT AG CHF0.02 (REGD) | 29.00 | 58 532.67 | 0.01 |
| CHF | BKW AG CHF2.5 | 68.00 | 8 728.84 | 0.00 |
| CHF | BQE CANT VAUDOISE CHF1 | 86.00 | 7 983.94 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l'actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
|  |  |  |  |  |
| CHF | CLARIANT CHF4.00(REGD) | 1 803.00 | 28 764.73 | 0.00 |
| GBP | COCA-COLA HBC AG ORD CHF6.70 | 1 840.00 | 44 153.81 | 0.00 |
| CHF | CREDIT SUISSE GRP CHF0.04(REGD) | 24 357.00 | 72 144.27 | 0.01 |
| CHF | EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 51.00 | 34 901.08 | 0.00 |
| CHF | GEBERIT CHF0.10(REGD) | 283.00 | 132 715.19 | 0.01 |
| CHF | GIVAUDAN AG CHF10 | 78.00 | 259 194.96 | 0.02 |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 84 907.00 | 569 787.24 | 0.05 |
| CHF | HOLCIM LTD CHF2 (REGD) | 4 679.00 | 239 462.65 | 0.02 |
| CHF | JULIUS BAER GRUPPE CHF0.02 (REGD) | 1 802.00 | 101 831.20 | 0.01 |
| CHF | KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 489.00 | 117 329.20 | 0.01 |
| CHF | LINDT & SPRUENGLI CHF100(REGD) | 1.00 | 101 705.59 | 0.01 |
| CHF | LINDT & SPRUENGLI PTG CERT CHF10 | 11.00 | 114 531.62 | 0.01 |
| CHF | LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 1 454.00 | 85 248.43 | 0.01 |
| CHF | LONZA GROUP AG CHF1(REGD) | 664.00 | 341 635.06 | 0.03 |
| CHF | NESTLE SA CHF0.10(REGD) | 24 069.00 | 2 838 007.31 | 0.23 |
| CHF | NOVARTIS AG CHF0.50(REGD) | 18 718.00 | 1 643 411.91 | 0.13 |
| CHF | PARTNERS GROUP HLG CHF0.01 (REGD) | 197.00 | 191 262.14 | 0.02 |
| CHF | RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 4 506.00 | 586 690.42 | 0.05 |
| CHF | ROCHE HLDGS AG CHF1(BR) | 261.00 | 103 660.35 | 0.01 |
| CHF | ROCHE HLDGS AG GENUSSCHEINE NPV | 6 089.00 | 1 967 141.64 | 0.16 |
| CHF | SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 228.00 | 40 395.07 | 0.00 |
| CHF | SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 301.00 | 55 966.57 | 0.00 |
| CHF | SGS LTD CHF1(REGD) | 52.00 | 120 073.47 | 0.01 |
| CHF | SIG COMBIBLOC GROU CHF0.1 | 2 764.00 | 60 052.27 | 0.01 |
| CHF | SIKA AG CHF0.01 (REG) | 1 287.00 | 320 145.89 | 0.03 |
| CHF | SONOVA HOLDING AG CHF0.05 (REGD) | 445.00 | 113 030.70 | 0.01 |
| CHF | STRAUMANN HLDG CHF0.01 (REGD) (POST SPLIT) | 1 069.00 | 120 728.84 | 0.01 |
| CHF | SWATCH GROUP CHF0.45(REGD) | 612.00 | 29 008.58 | 0.00 |
| CHF | SWATCH GROUP CHF2.25(BR) | 292.00 | 76 559.01 | 0.01 |
| CHF | SWISS LIFE HLDG CHF5.1(REGD) | 257.00 | 135 304.33 | 0.01 |
| CHF | SWISS PRIME SITE CHF15.3 (REGD) | 700.00 | 57 675.15 | 0.00 |
| CHF | SWISS RE AG CHF0.10 | 2 622.00 | 231 776.27 | 0.02 |
| CHF | SWISSCOM AG CHF1(REGD) | 207.00 | 110 414.48 | 0.01 |
| CHF | TEMENOS AG CHF5 (REGD) | 450.00 | 26 950.41 | 0.00 |
| CHF | UBS GROUP CHF0.10 (REGD) | 29 931.00 | 541 129.87 | 0.04 |
| CHF | VAT GROUP AG CHF0.10 | 291.00 | 79 045.71 | 0.01 |
| CHF | ZURICH INSURANCE GRP CHF0.10 | 1 335.00 | 634 606.66 | 0.05 |
| Total Suisse |  | 13 258 130.19 | 1.08 |
| Emirats Arabes Unis |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 3 082.00 | 0.04 | 0.00 |
| Total Emirats Arabes Unis |  | 0.04 | 0.00 |
| Grande-Bretagne |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 9 110.00 | 146 300.10 | 0.01 |
| GBP	ABRDN PLC ORD GBP0.1396825396 | 13 422.00 | 31 073.40 | 0.00 |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 1 556.00 | 37 542.60 | 0.00 |
| GBP	ANGLO AMERICAN USD0.54945 | 10 933.00 | 443 660.24 | 0.04 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 3 397.00 | 56 980.69 | 0.01 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 3 792.00 | 224 665.67 | 0.02 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 2 949.00 | 55 524.15 | 0.00 |
| GBP	ASTRAZENECA ORD USD0.25 | 13 440.00 | 1 787 196.02 | 0.15 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 9 277.00 | 62 509.47 | 0.01 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 1 022.00 | 38 715.94 | 0.00 |
| GBP	AVIVA ORD GBP0.33 | 25 907.00 | 137 078.31 | 0.01 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 27 362.00 | 268 047.55 | 0.02 |
| GBP	BARCLAYS ORD GBP0.25 | 145 381.00 | 279 161.63 | 0.02 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 7 188.00 | 34 043.88 | 0.00 |
| GBP	BERKELEY GP HLDGS ORD GBP0.053943 | 1 060.00 | 48 108.31 | 0.00 |
| GBP	BP ORD USD0.25 | 168 165.00 | 996 331.81 | 0.08 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 18 632.00 | 752 423.86 | 0.06 |
| GBP	BRITISH LAND CO PLC REIT | 6 967.00 | 32 715.07 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 60 035.00 | 86 795.76 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 2 857.00 | 103 705.19 | 0.01 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 3 407.00 | 88 329.52 | 0.01 |
| USD	COCA-COLA EUROPACI COM EUR0.01 | 1 773.00 | 94 128.57 | 0.01 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 15 446.00 | 344 347.69 | 0.03 |
| GBP	CRODA INTL ORD GBP0.10609756 | 1 178.00 | 95 311.68 | 0.01 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 19 804.00 | 898 100.94 | 0.07 |
| GBP	GSK PLC ORD GBP0.3125 | 35 155.00 | 588 972.15 | 0.05 |
| GBP	HALEON PLC ORD GBP1.25 | 43 642.00 | 147 656.02 | 0.01 |
| GBP	HALMA ORD GBP0.10 | 3 800.00 | 98 292.12 | 0.01 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 2 813.00 | 28 260.62 | 0.00 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 1 304.00 | 23 511.41 | 0.00 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 174 465.00 | 1 059 005.57 | 0.09 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 7 819.00 | 197 872.50 | 0.02 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 12 410.00 | 90 773.04 | 0.01 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 1 573.00 | 89 861.52 | 0.01 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 1 350.00 | 65 032.07 | 0.01 |
| GBP	JD SPORTS FASHION ORD GBP0.0005 | 23 288.00 | 34 958.30 | 0.00 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 1 737.00 | 43 212.91 | 0.00 |
| GBP	KINGFISHER ORD GBP0.157142857 | 16 569.00 | 47 573.91 | 0.00 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 5 308.00 | 38 825.41 | 0.00 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 56 222.00 | 168 458.22 | 0.01 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 608 593.00 | 339 954.97 | 0.03 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 2 850.00 | 279 942.48 | 0.02 |
| GBP	M&G PLC ORD GBP0.05 | 25 327.00 | 57 971.21 | 0.01 |
| GBP	MELROSE INDUST PLC ORD GBP0.076190476 | 34 629.00 | 54 498.23 | 0.00 |
| GBP	MONDI ORD EUR0.20 | 4 421.00 | 81 238.47 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 31 750.00 | 383 593.36 | 0.03 |
| GBP	NATWEST GROUP PLC ORD GBP1.0769 | 46 692.00 | 145 630.81 | 0.01 |
| GBP	NEXT ORD GBP0.10 | 1 138.00 | 79 146.26 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l'actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
|  |  |  |  |  |
| GBP | OCADO GROUP PLC ORD GBP0.02 | 5 449.00 | 40 401.84 | 0.00 |
| GBP | PEARSON ORD GBP0.25 | 6 076.00 | 72 011.76 | 0.01 |
| GBP | PERSIMMON ORD GBP0.10 | 2 624.00 | 39 749.00 | 0.00 |
| GBP | PHOENIX GP HLDGS ORD GBP0.10 | 7 190.00 | 50 416.42 | 0.00 |
| GBP | PRUDENTIAL ORD GBP0.05 | 23 781.00 | 277 373.84 | 0.02 |
| GBP | RECKITT BENCK GRP ORD GBP0.10 | 6 203.00 | 439 387.84 | 0.04 |
| GBP | RELX PLC GBP0.1444 | 16 849.00 | 463 913.76 | 0.04 |
| GBP | RENTOKIL INITIAL ORD GBP0.01 | 21 549.00 | 138 937.88 | 0.01 |
| GBP | RIO TINTO ORD GBP0.10 | 9 681.00 | 643 900.40 | 0.05 |
| GBP | ROLLS-ROYCE HLDGS ORD GBP0.20 | 68 975.00 | 74 683.80 | 0.01 |
| GBP | SAGE GROUP GBP0.01051948 | 8 313.00 | 78 863.02 | 0.01 |
| GBP | SAINSBURY(J) ORD GBP0.28571428 | 16 772.00 | 44 461.62 | 0.00 |
| GBP | SCHRODERS PLC ORD GBP0.20 | 6 888.00 | 36 289.71 | 0.00 |
| GBP | SEVERN TRENT ORD GBP0.9789 | 2 097.00 | 67 727.25 | 0.01 |
| GBP | SMITH & NEPHEW ORD USD0.20 | 8 814.00 | 113 940.51 | 0.01 |
| GBP | SMITHS GROUP ORD GBP0.375 | 3 130.00 | 59 211.61 | 0.01 |
| GBP | SPIRAX-SARCO ENG ORD GBP0.269230769 | 624.00 | 83 266.78 | 0.01 |
| GBP | SSE PLC ORD GBP0.50 | 9 196.00 | 187 106.66 | 0.02 |
| GBP | ST JAMES’S PLACE ORD GBP0.15 | 4 540.00 | 62 149.86 | 0.01 |
| GBP | STANDARD CHARTERED ORD USD0.50 | 21 874.00 | 160 831.14 | 0.01 |
| EUR | STELLANTIS N V COM EUR0.01 | 18 984.00 | 291 092.07 | 0.02 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 24 350.00 | 29 984.36 | 0.00 |
| GBP | TESCO ORD GBP0.0633333 | 64 283.00 | 174 161.78 | 0.01 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 4 475.00 | 220 845.26 | 0.02 |
| EUR | UNILEVER PLC ORD GBP0.031111 | 17 776.00 | 878 638.32 | 0.07 |
| GBP | UNITED UTILITIES G ORD GBP0.05 | 5 382.00 | 65 632.50 | 0.01 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 229 396.00 | 250 895.58 | 0.02 |
| GBP | WHITBREAD ORD GBP0.76797385 | 1 977.00 | 60 837.94 | 0.00 |
| GBP | WPP PLC ORD GBP0.10 | 10 175.00 | 104 888.28 | 0.01 |
| Total Grande-Bretagne |  | 16 498 640.40 | 1.35 |
| Etats-Unis |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 1 223.00 | 8 506.96 | 0.00 |
| CAD	BROOKFIELD RENEWA. CLASS A SUB VOTING SHARES | 1 300.00 | 42 019.62 | 0.00 |
| Total Etats-Unis |  | 50 526.58 | 0.00 |
| Total des Actions |  | 139 474 709.85 | 11.37 |
| Certificats sur fonds de placement |  |  |  |
| Irlande |  |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 30.06.23 | 51 400 000.00 | 87 241 220.00 | 7.12 |
| Total Irlande |  | 87 241 220.00 | 7.12 |
| Total des Certificats sur fonds de placement |  | 87 241 220.00 | 7.12 |
| Certificats sur matières premières |  |  |  |
| Grande-Bretagne |  |  |  |
| USD	UBS AG/LONDON/UBS ETC CMCI COMPOSITE USD 16-PRP | 5 115.00 | 750 396.08 | 0.06 |
| Total Grande-Bretagne |  | 750 396.08 | 0.06 |
| Total des Certificats sur matières premières |  | 750 396.08 | 0.06 |
| Fonds d’investissement, fermé |  |  |  |
| Canada |  |  |  |
| CAD	CANADIAN APARTMENT PROP. REAL ESTATE INVESTMENT TRUST | 700.00 | 22 563.99 | 0.00 |
| CAD	RIOCAN REAL ESTATE INVESTMENT TRUST | 1 255.00 | 19 569.74 | 0.00 |
| Total Canada |  | 42 133.73 | 0.00 |
| Singapour |  |  |  |
| SGD	CAPITALAND ASCENDAS REIT- UNITS REAL ESTATE INVESTMENT TRUST | 38 600.00 | 78 591.55 | 0.01 |
| SGD	CAPITALAND INTEGRATED COMMERCIAL TRUST REAL ESTATE INV TRUST | 56 635.10 | 85 554.00 | 0.01 |
| SGD	MAPLETREE COMMERCIAL REAL ESTATE INVESTMENT TRUST | 19 100.00 | 23 834.93 | 0.00 |
| Total Singapour |  | 187 980.48 | 0.02 |
| Grande-Bretagne |  |  |  |
| GBP	SEGRO PLC REIT | 9 432.00 | 88 827.16 | 0.01 |
| Total Grande-Bretagne |  | 88 827.16 | 0.01 |
| Total des Fonds d’investissement, fermé |  | 318 941.37 | 0.03 |
| Droits |  |  |  |
| Suisse |  |  |  |
| CHF	CREDIT SUISSE GROUP AG RIGHTS 08.12.22 | 24 357.00 | 2 249.72 | 0.00 |
| Total Suisse |  | 2 249.72 | 0.00 |
| Total des Droits |  | 2 249.72 | 0.00 |
| Total des Titres et instruments du marché monétaire négociés sur une bourse officielle |  | 227 787 517.02 | 18.58 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022
| Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l'actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
| Titres et instruments du marché monétaire négociés sur un autre marché réglementé Bons du trésor à court terme, coupon zéro |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 27.01.22-26.01.23 | 7 200 000.00 | 7 154 583.98 | 0.58 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 19.05.22-18.05.23 | 10 100 000.00 | 9 888 936.97 | 0.81 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 16.06.22-15.06.23 | 7 100 000.00 | 6 931 751.73 | 0.57 |
| Total USD |  | 23 975 272.68 | 1.96 |
| Total des Bons du trésor à court terme, coupon zéro |  | 23 975 272.68 | 1.96 |
| Total des Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  | 23 975 272.68 | 1.96 |

OPCVM/Autres OPC au sens de l’article 41 (1) e) de la loi luxembourgeoise du 17 décembre 2010, telle que modifiée
Fonds d’investissement, ouvert
| Irlande |  |
| --- | --- |
| EUR | AMBIENTA X ICAV-AMBIENTA X ALPHA FUND - ACCUM-F- EUR | 14 498.89 | 1 559 738.57 | 0.13 |
| EUR | KEPLER LIQUID STRATEGIES ICAV - KLS ARETE MACRO FUND-SI- EUR | 20 462.35 | 2 297 518.09 | 0.19 |
| USD | MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP | 161 086.63 | 21 878 786.22 | 1.79 |
| EUR | MERIAN GLOBAL FUNDS PLC-MER GBL EQ AB RETRN-I-ACC-EUR HDG | 1 201 515.74 | 2 090 272.90 | 0.17 |
| USD | SOURCE MARKETS PLC - MSCI USA SOURCE ETF-A | 541 792.00 | 59 881 560.80 | 4.88 |
| EUR | TAGES INTERNATIONAL FUNDS ICAV ACCUM SHS INSTIT. FD EUR | 16 283.16 | 1 731 417.00 | 0.14 |
| USD | UBS (IRL) ETF PLC-MSCI USA UCITS-ACC-A-USD-ETF | 1 776 709.00 | 39 274 152.45 | 3.20 |
| USD | UBS IRL FND SOLUTIONS PLC-MSCI USA SF INDEX-SHS-A-USD-ACC | 1 141 623.00 | 130 635 463.24 | 10.66 |
| USD | UBS(IRL)FUND SOLUTION PLC-MSCI USA SF UCITS SHS-A-ETF-ACC | 875 616.00 | 96 773 080.32 | 7.89 |
| Total Irlande |  | 356 121 989.59 | 29.05 |
| Luxembourg |  |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 3 588.33 | 33 815 038.34 | 2.76 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP | 142 523.70 | 17 393 592.35 | 1.42 |
| EUR	DB PLATINUM IV SYSTEMATIC ALPHA-SHS I1C-E-CAPITALISATION | 15 338.57 | 2 141 421.91 | 0.17 |
| USD	FOCUSED SICAV - HIGH GRADE BOND USD U-X-ACC | 6 460.50 | 61 063 418.51 | 4.98 |
| USD	FOCUSED SICAV - HIGH GRADE LONG TERM BOND USD U-X-ACC | 13 966.00 | 123 453 993.26 | 10.07 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP | 982 592.33 | 12 508 400.39 | 1.02 |
| EUR	LUMYNA-MW ESG MRKT NUTRL TOPS UCITS FD-SHS-B-CAPITALISATION | 15 411.34 | 1 721 296.70 | 0.14 |
| EUR	SCHRODER GAIA WELLINGTON PAGOSA-E-EUR HEDGED- CAPITALISATION | 23 234.36 | 2 575 817.27 | 0.21 |
| USD	UBS (LUX) BD SICAV-USD INVES GRA CORPOR SUSTAI (USD) F-ACC | 828.09 | 87 316 286.14 | 7.12 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC | 252 900.00 | 30 014 172.00 | 2.45 |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC | 134 923.00 | 43 769 021.20 | 3.57 |
| USD	UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC | 381 504.00 | 40 752 257.28 | 3.32 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 36 160.00 | 61 863 974.40 | 5.05 |
| USD	UBS (LUX) FD SOL - SICAV-BARCLAYS TIPS 1-10 UCITS ETF-A-ACC | 3 425 444.00 | 47 606 820.71 | 3.88 |
| USD	UBS (LUX) MONEY MARKET FUND - USD SUSTAINABLE U-X-ACC | 2.00 | 22 755.92 | 0.00 |
| Total Luxembourg | 566 018 266.38 | 46.16 |
| Total des Fonds d’investissement, ouvert | 922 140 255.97 | 75.21 |
| Total des OPCVM/Autres OPC au sens de l’article 41 (1) e) de la loi luxembourgeoise du 17 décembre 2010, telle que modifiée | 922 140 255.97 | 75.21 |
| Total du Portefeuille-titres | 1 173 903 045.67 | 95.75 |

| Instruments dérivés |  |
| --- | --- |
| Instruments dérivés négociés sur une bourse officielle |
| Contrats financiers à terme sur obligations |
|  |  |  |  |
| USD	US 10YR ULTRA NOTE FUTURE 22.03.23 | -1.00 | -39.06 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.23 | -1.00 | -304.69 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 31.03.23 | 1.00 | 453.13 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 31.03.23 | 1.00 | 375.00 | 0.00 |
| USD	US LONG BOND FUTURE 22.03.23 | -1.00 | 554.69 | 0.00 |
| Total des Contrats financiers à terme sur obligations |  | 1 039.07 | 0.00 |
| Contrats financiers à terme sur indices |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 16.12.22 | -61.00 | -298 927.99 | -0.02 |
| CHF	SWISS MARKET INDEX FUTURE 16.12.22 | -8.00 | -49 603.78 | 0.00 |
| GBP	FTSE 100 INDEX FUTURE 16.12.22 | -14.00 | -52 268.60 | 0.00 |
| SEK	OMX 30 INDEX FUTURE 16.12.22 | -13.00 | -883.83 | 0.00 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 16.12.22 | 1 044.00 | 1 752 265.00 | 0.14 |
| USD	S&P500 EMINI FUTURE 16.12.22 | -85.00 | -977 012.50 | -0.09 |
| HKD	HANG SENG INDEX FUTURE 29.12.22 | -3.00 | -16 469.16 | 0.00 |
| CAD	S&P/TSX 60 IX FUTURE 15.12.22 | -6.00 | -51 869.88 | 0.00 |
| JPY	TOPIX INDX FUTURE 08.12.22 | -12.00 | -50 738.14 | 0.00 |
| AUD	SPI 200 INDEX FUTURES 15.12.22 | -6.00 | -61 495.20 | -0.02 |
| Total des Contrats financiers à terme sur indices |  | 192 995.92 | 0.01 |
| Total des Instruments dérivés négociés sur une bourse officielle |  | 194 034.99 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD)
Rapport semestriel au 30 novembre 2022
| Dénomination	Nombre/ | Evaluation en USD | en % |
| --- | --- | --- |
| Nominal | Bénéfice/(perte) non | de |
|  | réalisé(e) sur futures/ | l'actif |
|  | Contrats de | net |
|  | change à terme/ |  |
|  | swaps (note 1) |  |

Instruments dérivés non négociés sur une bourse officielle ou sur un autre marché réglementé
Swaps et Swaps à terme sur indices
| USD USD | UBS/CMCI EXCESS RETURN INDEX TRS EQS REC PERF 22-03.04.23 UBS/CMCI COMPOSITE USD INDEX SWAP PAY 0.380% 22-03.04.23 | 47 158 585.27 | 2 046 280.17 | 0.17 |
| --- | --- | --- | --- | --- |
| Total des Swaps et Swaps à terme sur indices | 2 046 280.17 | 0.17 |
| Total des Instruments dérivés non négociés sur une bourse officielle ou sur un autre marché réglementé | 2 046 280.17 | 0.17 |
| Total des Instruments dérivés | 2 240 315.16 | 0.18 |
| Contrats de change à terme Devise achetée/Montant acheté/Devise vendue/Montant vendu/Date de maturité |  |  |

| USD | 7 593 716.91 | AUD | 12 090 000.00 | 12.1.2023 | -518 464.16 | -0.04 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 21 618 595.15 | JPY | 3 114 729 795.00 | 12.1.2023 | -833 581.35 | -0.07 |
| USD | 20 060 677.67 | GBP | 18 108 679.70 | 12.1.2023 | -1 538 361.88 | -0.13 |
| USD | 10 098 924.32 | CAD | 13 962 782.87 | 12.1.2023 | -208 206.73 | -0.02 |
| USD | 2 499 026.76 | DKK | 19 000 000.00 | 12.1.2023 | -141 166.12 | -0.01 |
| USD | 2 931 566.12 | HKD | 22 977 013.14 | 12.1.2023 | -11 029.61 | 0.00 |
| USD | 379 156.59 | ILS | 1 350 000.00 | 12.1.2023 | -12 980.66 | 0.00 |
| USD | 1 183 176.04 | SGD | 1 700 000.00 | 12.1.2023 | -57 791.93 | 0.00 |
| USD | 306 910.89 | NZD | 550 000.00 | 12.1.2023 | -34 921.55 | 0.00 |
| USD | 3 519 436.71 | SEK | 39 600 852.13 | 12.1.2023 | -205 927.12 | -0.02 |
| USD | 63 667 538.90 | EUR | 65 058 688.84 | 12.1.2023 | -3 561 608.84 | -0.29 |
| USD | 558 645.29 | NOK | 6 000 000.00 | 12.1.2023 | -43 972.27 | 0.00 |
| USD | 10 547 177.18 | CHF | 10 406 161.42 | 12.1.2023 | -436 763.30 | -0.04 |
| USD | 414 559.69 | HKD | 3 250 000.00 | 12.1.2023 | -1 657.86 | 0.00 |
| AUD | 1 500 000.00 | USD | 962 068.50 | 12.1.2023 | 44 405.58 | 0.00 |
| JPY | 220 000 000.00 | USD | 1 515 521.00 | 12.1.2023 | 70 324.05 | 0.01 |
| AUD | 1 100 000.00 | USD | 715 651.20 | 12.1.2023 | 22 429.79 | 0.00 |
| GBP | 1 700 000.00 | USD | 1 962 311.70 | 12.1.2023 | 65 355.02 | 0.00 |
| HKD | 9 400 000.00 | USD | 1 198 420.13 | 12.1.2023 | 5 409.09 | 0.00 |
| CAD | 1 400 000.00 | USD | 1 027 360.59 | 12.1.2023 | 6 099.83 | 0.00 |
| JPY | 165 000 000.00 | USD | 1 120 640.78 | 12.1.2023 | 68 743.01 | 0.01 |
| EUR | 1 500 000.00 | USD | 1 491 571.50 | 12.1.2023 | 58 470.83 | 0.00 |
| EUR | 2 000 000.00 | USD | 2 062 266.60 | 12.1.2023 | 4 456.51 | 0.00 |
| USD | 415 678.44 | HKD | 3 250 000.00 | 16.2.2023 | -583.80 | 0.00 |
| USD | 415 563.09 | HKD | 3 250 000.00 | 12.1.2023 | -654.46 | 0.00 |
| USD | 6 253 562.00 | AUD | 9 200 000.00 | 16.2.2023 | 71 613.44 | 0.01 |
| AUD | 51 381 300.00 | USD | 34 887 013.80 | 12.1.2023 | -411 049.42 | -0.03 |
| USD | 7 780 710.09 | GBP | 6 515 000.00 | 16.2.2023 | 3 477.34 | 0.00 |
| USD | 30 668 861.03 | EUR | 29 203 227.00 | 16.2.2023 | 419 171.77 | 0.03 |
| USD | 9 312 453.71 | CAD | 12 321 531.00 | 16.2.2023 | 212 428.20 | 0.02 |
| CHF | 179 861 800.00 | USD | 192 630 299.40 | 12.1.2023 | -2 782 071.34 | -0.23 |
| USD | 12 202 754.15 | JPY | 1 681 635 924.00 | 16.2.2023 | 26 442.01 | 0.00 |
| EUR | 162 564 600.00 | USD | 170 210 500.83 | 12.1.2023 | -2 222 493.31 | -0.18 |
| CAD | 32 582 000.00 | USD | 24 594 353.94 | 12.1.2023 | -542 777.19 | -0.04 |
| SGD | 48 475 100.00 | USD | 35 452 818.78 | 12.1.2023 | -66 909.02 | -0.01 |
| USD | 1 244 380.34 | SGD | 1 700 000.00 | 16.2.2023 | 2 778.98 | 0.00 |
| USD | 2 682 782.19 | DKK | 19 000 000.00 | 16.2.2023 | 35 274.34 | 0.00 |
| USD | 1 525 394.06 | HKD | 11 927 013.00 | 16.2.2023 | -2 225.97 | 0.00 |
| USD | 398 075.44 | ILS | 1 350 000.00 | 16.2.2023 | 5 001.68 | 0.00 |
| SEK | 29 187 700.00 | USD | 2 813 767.24 | 12.1.2023 | -67 997.99 | -0.01 |
| USD | 3 826 038.88 | SEK | 39 600 853.00 | 16.2.2023 | 93 204.60 | 0.01 |
| USD | 605 331.95 | NOK | 6 000 000.00 | 16.2.2023 | 1 959.81 | 0.00 |
| USD | 4 287 971.79 | CHF | 3 985 000.00 | 16.2.2023 | 65 672.97 | 0.01 |
| USD | 339 842.80 | NZD | 550 000.00 | 16.2.2023 | -2 151.65 | 0.00 |
| GBP | 27 333 400.00 | USD | 32 623 273.90 | 12.1.2023 | -21 494.13 | 0.00 |
| USD | 623 444.32 | CHF | 584 100.00 | 12.1.2023 | 6 913.46 | 0.00 |
| AUD | 1 267 100.00 | USD | 844 341.46 | 12.1.2023 | 5 860.74 | 0.00 |
| CAD | 714 800.00 | USD | 535 539.02 | 12.1.2023 | -7 883.66 | 0.00 |
| USD | 509 141.35 | EUR | 490 900.00 | 12.1.2023 | 1 864.16 | 0.00 |
| USD | 98 417.37 | SGD | 135 200.00 | 12.1.2023 | -276.08 | 0.00 |
| SEK | 9 000 000.00 | USD | 843 711.85 | 12.1.2023 | 2 943.53 | 0.00 |
| SEK | 9 000 000.00 | USD | 845 500.95 | 16.2.2023 | 2 852.20 | 0.00 |
| GBP | 1 900 000.00 | USD | 2 243 537.29 | 12.1.2023 | 22 678.46 | 0.00 |
| GBP | 1 800 000.00 | USD | 2 127 267.54 | 16.2.2023 | 21 469.06 | 0.00 |
| USD | 533 466.97 | CHF | 500 100.00 | 12.1.2023 | 5 600.03 | 0.00 |
| GBP | 677 700.00 | USD | 821 020.88 | 12.1.2023 | -12 697.50 | 0.00 |
| CHF | 4 068 700.00 | USD | 4 325 875.46 | 12.1.2023 | -31 269.90 | 0.00 |
| SGD | 1 243 700.00 | USD | 904 407.99 | 12.1.2023 | 3 469.58 | 0.00 |
| EUR | 3 951 600.00 | USD | 4 127 713.33 | 12.1.2023 | -44 281.82 | 0.00 |
| USD | 549 549.67 | CHF | 518 200.00 | 12.1.2023 | 2 577.76 | 0.00 |
| USD | 218 493.92 | SGD | 300 200.00 | 12.1.2023 | -646.42 | 0.00 |
| USD | 291 295.14 | SGD | 398 600.00 | 12.1.2023 | 324.65 | 0.00 |
| Total des Contrats de change à terme | -12 464 624.56 | -1.02 |
|  |  |  |
| Avoirs en banque, dépôts à vue et à terme et autres liquidités | 65 118 582.37 | 5.31 |
| Crédit en compte courant et autres engagements à court terme | -612.34 | 0.00 |
| Autres actifs et passifs | -2 726 289.05 | -0.22 |
| Total de l’Actif net | 1 226 070 417.25 | 100.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Rapport semestriel au 30 novembre 2022