# UBS (Lux) Bond SICAV
– Emerging Economies Corporates (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Net assets in USD |  | 212 432 287.94 | 237 752 777.48 | 614 398 458.13 |
| Class F-acc | LU1611257178 |  |  |  |
| Shares outstanding |  | 627 475.0000 | 757 775.0000 | 821 827.0000 |
| Net asset value per share in USD |  | 106.82 | 110.48 | 126.39 |
| Issue and redemption price per share in USD 1 |  | 106.82 | 110.48 | 126.39 |
| Class I-B-acc | LU2107555869 |  |  |  |
| Shares outstanding |  | 103 857.0000 | 78 996.0000 | 107 027.0000 |
| Net asset value per share in USD |  | 93.53 | 96.48 | 109.78 |
| Issue and redemption price per share in USD 1 |  | 93.53 | 96.48 | 109.78 |
| Class I-X-acc | LU1564462544 |  |  |  |
| Shares outstanding |  | 198 381.5820 | 233 485.5820 | 208 614.5530 |
| Net asset value per share in USD |  | 113.17 | 116.67 | 132.59 |
| Issue and redemption price per share in USD 1 |  | 113.17 | 116.67 | 132.59 |
| Class I-X-dist | LU1092615647 |  |  |  |
| Shares outstanding |  | 581 940.0000 | 608 968.0000 | 3 209 002.7900 |
| Net asset value per share in USD |  | 86.82 | 94.99 | 113.35 |
| Issue and redemption price per share in USD 1 |  | 86.82 | 94.99 | 113.35 |
| Class K-B-mdist | LU2204822600 |  |  |  |
| Shares outstanding |  | 151 181.4850 | 151 181.4850 | 151 181.4850 |
| Net asset value per share in USD |  | 79.25 | 83.97 | 102.16 |
| Issue and redemption price per share in USD 1 |  | 79.25 | 83.97 | 102.16 |
| Class (EUR hedged) K-B-mdist | LU2204823087 |  |  |  |
| Shares outstanding |  | 143 360.5230 | 143 360.5230 | 143 360.5230 |
| Net asset value per share in EUR |  | 76.82 | 81.82 | 100.35 |
| Issue and redemption price per share in EUR 1 |  | 76.82 | 81.82 | 100.35 |
| Class K-X-acc | LU1564462460 |  |  |  |
| Shares outstanding |  | 150 257.6860 | 150 257.6860 | 245 257.6860 |
| Net asset value per share in USD |  | 112.94 | 116.46 | 132.41 |
| Issue and redemption price per share in USD 1 |  | 112.94 | 116.46 | 132.41 |
| Class (EUR hedged) P-4%-qdist | LU1669357250 |  |  |  |
| Shares outstanding |  | 11 725.3770 | 11 061.6100 | 10 255.4270 |
| Net asset value per share in EUR |  | 71.96 | 77.41 | 94.18 |
| Issue and redemption price per share in EUR 1 |  | 71.96 | 77.41 | 94.18 |
| Class P-acc | LU0896022034 |  |  |  |
| Shares outstanding |  | 15 616.0620 | 16 961.1240 | 21 557.9240 |
| Net asset value per share in USD |  | 112.66 | 117.22 | 135.69 |
| Issue and redemption price per share in USD 1 |  | 112.66 | 117.22 | 135.69 |
| Class (EUR hedged) P-acc | LU0896022620 |  |  |  |
| Shares outstanding |  | 11 695.5420 | 14 031.7130 | 56 154.6290 |
| Net asset value per share in EUR |  | 98.14 | 103.47 | 120.92 |
| Issue and redemption price per share in EUR 1 |  | 98.14 | 103.47 | 120.92 |
| Class P-dist | LU0896022117 |  |  |  |
| Shares outstanding |  | 2 657.1570 | 2 597.0730 | 2 372.6430 |
| Net asset value per share in USD |  | 81.59 | 88.68 | 106.32 |
| Issue and redemption price per share in USD 1 |  | 81.59 | 88.68 | 106.32 |
| Class (EUR hedged) P-dist | LU0896022893 |  |  |  |
| Shares outstanding |  | 13 381.3200 | 12 693.6460 | 12 862.8410 |
| Net asset value per share in EUR |  | 69.39 | 76.80 | 92.75 |
| Issue and redemption price per share in EUR 1 |  | 69.39 | 76.80 | 92.75 |
| Class Q-acc | LU1240772738 |  |  |  |
| Shares outstanding |  | 7 741.5310 | 8 124.6150 | 75 378.1370 |
| Net asset value per share in USD |  | 120.39 | 124.74 | 143.20 |
| Issue and redemption price per share in USD 1 |  | 120.39 | 124.74 | 143.20 |
| Class Q-dist | LU1240772811 |  |  |  |
| Shares outstanding |  | 9 723.5800 | 9 723.5800 | 10 325.6010 |
| Net asset value per share in USD |  | 90.85 | 98.77 | 117.86 |
| Issue and redemption price per share in USD 1 |  | 90.85 | 98.77 | 117.86 |
| Class U-X-acc | LU0896021903 |  |  |  |
| Shares outstanding |  | 1 808.0000 | 1 218.0000 | 1 554.0000 |
| Net asset value per share in USD |  | 8 645.08 | 8 912.53 | 10 129.30 |
| Issue and redemption price per share in USD 1 |  | 8 645.08 | 8 912.53 | 10 129.30 |
| 1  See note 1 |  |  |  |  |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD) Semi-Annual Report as of 30 November 2022

### Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
Cayman Islands	10.51
Mexico	6.90
United States	6.25
The Netherlands	4.99
United Arab Emirates	4.80
Chile	4.36
Luxembourg	4.25
Singapore	3.75
Colombia	3.51
India	3.31
Hong Kong	3.17
Turkey	2.99
Canada	2.83
Saudi Arabia	2.72
Mauritius	2.57
Israel	2.17
Thailand	2.09
Indonesia	2.07
United Kingdom	1.98
South Korea	1.85
Bermuda	1.69
Macau	1.62
China	1.62
Argentina	1.54
Brazil	1.32
British Virgin Islands	1.10
Peru	1.03
Uzbekistan	1.00
Nigeria	0.92
Panama	0.88
Austria	0.86
Malaysia	0.51
Ukraine	0.50
Morocco	0.47
Oman	0.45
Egypt	0.44
Togo	0.39
Bahrain	0.36
Kuwait	0.34
Qatar	0.32
Trinidad And Tobago	0.30
Guatemala	0.28
Dominican Republic	0.25
Poland	0.25
Isle of Man	0.24
Mongolia	0.23
Costa Rica	0.22
Supranationals	0.20
Ecuador	0.20
South Africa	0.18
Ghana	0.14
Ireland	0.07
Economic Breakdown as a % of net assets	
Finance & holding companies	23.42
Banks & credit institutions	14.52
Petroleum	11.47
Countries & central governments	8.23
Mining, coal & steel	5.21
Energy & water supply	4.08
Lodging, catering & leisure	2.93
Food & soft drinks	2.83
Telecommunications	2.58
Chemicals	2.00
Pharmaceuticals, cosmetics & medical products	1.86
Real Estate	1.73
Forestry, paper & pulp products	1.71
Traffic & transportation	1.65
Electrical devices & components	1.53
Mortgage & funding institutions	1.40
Miscellaneous services	1.37
Insurance	1.26
Precious metals & stones	1.21
Miscellaneous unclassified companies	1.21
Investment funds	1.11
Mechanical engineering & industrial equipment	0.74
Supranational organisations	0.59
Building industry & materials	0.48
Internet, software & IT services	0.37
Public, non-profit institutions	0.35
Retail trade, department stores	0.31
Vehicles	0.27
Miscellaneous trading companies	0.22
Non-ferrous metals	0.18
Tobacco & alcohol	0.17
Total	96.99
Total	96.99
UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD) Semi-Annual Report as of 30 November 2022

### Statement of Net Assets
Assets	30.11.2022
USD
Investments in securities, cost	246 681 118.56
| Investments in securities, unrealized appreciation (depreciation) | 	-40 644 235.61	 |
| --- | --- |
| Total investments in securities (Note 1) | 206 036 882.95 |
| Cash at banks, deposits on demand and deposit accounts | 3 688 199.96 |
| Other liquid assets (Margins) | 233 208.27 |
| Receivable on securities sales (Note 1) | 1 116 947.92 |
| Receivable on subscriptions | 24 346.21 |
| Interest receivable on securities | 2 887 284.66 |
| Prepaid expenses | 34 224.32 |
| Other receivables | 129 349.91 |
| Unrealized gain on financial futures (Note 1) | 42 257.86 |
| Total Assets | 214 192 702.06 |
|  |  |
| Liabilities |  |
| Unrealized loss on forward foreign exchange contracts (Note 1) | -184 637.93 |
| Payable on securities purchases (Note 1) | -1 487 250.00 |
| Payable on redemptions | -19 991.41 |
| Provisions for flat fee (Note 2) | -46 540.09 |
| Provisions for taxe d’abonnement (Note 3) | -7 541.63 |
| Provisions for other commissions and fees (Note 2) | 	-14 453.06	 |
| Total provisions | -68 534.78 |
| Total Liabilities | -1 760 414.12 |
|  |  |
| Net assets at the end of the period | 212 432 287.94 |
| Statement of Operations | USD |
| Income | 1.6.2022-30.11.2022 |
| Interest on liquid assets | 54 337.83 |
| Interest on securities | 5 669 730.39 |
| Dividends | 878.18 |
| Net income on securities lending (Note 11) | 109 463.75 |
| Other income (Note 4) | 139 861.76 |
| Total income | 5 974 271.91 |
|  |  |
| Expenses |  |
| Flat fee (Note 2) | -311 367.19 |
| Taxe d’abonnement (Note 3) | -18 814.49 |
| Other commissions and fees (Note 2) | -13 948.26 |
| Interest on cash and bank overdraft | -1 664.11 |
| Total expenses | -345 794.05 |
|  |  |
| Net income (loss) on investments | 5 628 477.86 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | -12 187 680.24 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 34 065.90 |
| Realized gain (loss) on financial futures | -492 756.54 |
| Realized gain (loss) on forward foreign exchange contracts | -1 009 533.12 |
| Realized gain (loss) on foreign exchange | 549 408.50 |
| Total realized gain (loss) | -13 106 495.50 |
|  |  |
| Net realized gain (loss) of the period | -7 478 017.64 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | -553 102.93 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | 18 396.79 |
| Unrealized appreciation (depreciation) on financial futures | 41 895.38 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -394 314.54 |
| Total changes in unrealized appreciation (depreciation) | -887 125.30 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | -8 365 142.94 |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD) Semi-Annual Report as of 30 November 2022
| Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2022-30.11.2022 |
| Net assets at the beginning of the period | 237 752 777.48 |
| Subscriptions | 14 143 350.05 |
| Redemptions | 	-27 175 972.13	 |
| Total net subscriptions (redemptions) | -13 032 622.08 |
| Dividend paid | -3 922 724.52 |
| Net income (loss) on investments | 5 628 477.86 |
| Total realized gain (loss) | -13 106 495.50 |
| Total changes in unrealized appreciation (depreciation) | 	-887 125.30	 |
| Net increase (decrease) in net assets as a result of operations | -8 365 142.94 |
| Net assets at the end of the period | 212 432 287.94 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2022-30.11.2022 |
| Class | F-acc |
| Number of shares outstanding at the beginning of the period | 757 775.0000 |
| Number of shares issued | 11 755.0000 |
| Number of shares redeemed | -142 055.0000 |
| Number of shares outstanding at the end of the period | 627 475.0000 |
| Class | I-B-acc |
| Number of shares outstanding at the beginning of the period | 78 996.0000 |
| Number of shares issued | 46 507.0000 |
| Number of shares redeemed | -21 646.0000 |
| Number of shares outstanding at the end of the period | 103 857.0000 |
| Class | I-X-acc |
| Number of shares outstanding at the beginning of the period | 233 485.5820 |
| Number of shares issued | 1 000.0000 |
| Number of shares redeemed | -36 104.0000 |
| Number of shares outstanding at the end of the period | 198 381.5820 |
| Class | I-X-dist |
| Number of shares outstanding at the beginning of the period | 608 968.0000 |
| Number of shares issued | 16 970.0000 |
| Number of shares redeemed | -43 998.0000 |
| Number of shares outstanding at the end of the period | 581 940.0000 |
| Class | K-B-mdist |
| Number of shares outstanding at the beginning of the period | 151 181.4850 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 151 181.4850 |
| Class | (EUR hedged) K-B-mdist |
| Number of shares outstanding at the beginning of the period | 143 360.5230 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 143 360.5230 |
| Class | K-X-acc |
| Number of shares outstanding at the beginning of the period | 150 257.6860 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 150 257.6860 |
| Class | (EUR hedged) P-4%-qdist |
| Number of shares outstanding at the beginning of the period | 11 061.6100 |
| Number of shares issued | 731.2340 |
| Number of shares redeemed | -67.4670 |
| Number of shares outstanding at the end of the period | 11 725.3770 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 16 961.1240 |
| Number of shares issued | 312.5600 |
| Number of shares redeemed | -1 657.6220 |
| Number of shares outstanding at the end of the period | 15 616.0620 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 14 031.7130 |
| Number of shares issued | 112.4260 |
| Number of shares redeemed | -2 448.5970 |
| Number of shares outstanding at the end of the period | 11 695.5420 |
| Class | P-dist |
| Number of shares outstanding at the beginning of the period | 2 597.0730 |
| Number of shares issued | 60.0840 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 2 657.1570 |
| Class | (EUR hedged) P-dist |
| Number of shares outstanding at the beginning of the period | 12 693.6460 |
| Number of shares issued | 687.6740 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 13 381.3200 |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD) Semi-Annual Report as of 30 November 2022
| Class |  |  | Q-acc |
| --- | --- | --- | --- |
| Number of shares outstanding at the beginning of the period |  |  | 8 124.6150 |
| Number of shares issued |  |  | 0.0000 |
| Number of shares redeemed |  |  | -383.0840 |
| Number of shares outstanding at the end of the period |  |  | 7 741.5310 |
| Class |  |  | Q-dist |
| Number of shares outstanding at the beginning of the period |  |  | 9 723.5800 |
| Number of shares issued |  |  | 0.0000 |
| Number of shares redeemed |  |  | 0.0000 |
| Number of shares outstanding at the end of the period |  |  | 9 723.5800 |
| Class |  |  | U-X-acc |
| Number of shares outstanding at the beginning of the period |  |  | 1 218.0000 |
| Number of shares issued |  |  | 816.0000 |
| Number of shares redeemed |  |  | -226.0000 |
| Number of shares outstanding at the end of the period |  |  | 1 808.0000 |
| Annual Distribution 1 |  |  |  |
| UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD)	Ex-Date | Pay-Date | Currency | Amount per share |
| I-X-dist	1.8.2022 | 4.8.2022 | USD | 5.31 |
| P-dist	1.8.2022 | 4.8.2022 | USD | 3.65 |
| (EUR hedged) P-dist	1.8.2022 | 4.8.2022 | EUR | 3.50 |
| Q-dist	1.8.2022 | 4.8.2022 | USD | 4.47 |
| Quarterly Distribution 1 |  |  |  |
| UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD)	Ex-Date | Pay-Date | Currency | Amount per share |
| (EUR hedged) P-4%-qdist	11.7.2022 | 14.7.2022 | EUR | 0.73 |
| (EUR hedged) P-4%-qdist	10.10.2022 | 13.10.2022 | EUR | 0.70 |
| Monthly Distribution 1 |  |  |  |
| UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD)	Ex-Date | Pay-Date | Currency | Amount per share |
| K-B-mdist	15.6.2022 | 21.6.2022 | USD | 0.38 |
| K-B-mdist	15.7.2022 | 20.7.2022 | USD | 0.36 |
| K-B-mdist	16.8.2022 | 19.8.2022 | USD | 0.36 |
| K-B-mdist	15.9.2022 | 20.9.2022 | USD | 0.36 |
| K-B-mdist	17.10.2022 | 20.10.2022 | USD | 0.34 |
| K-B-mdist	15.11.2022 | 18.11.2022 | USD | 0.31 |
| (EUR hedged) K-B-mdist	15.6.2022 | 21.6.2022 | EUR | 0.28 |
| (EUR hedged) K-B-mdist	15.7.2022 | 20.7.2022 | EUR | 0.26 |
| (EUR hedged) K-B-mdist	16.8.2022 | 19.8.2022 | EUR | 0.26 |
| (EUR hedged) K-B-mdist	15.9.2022 | 20.9.2022 | EUR | 0.26 |
| (EUR hedged) K-B-mdist	17.10.2022 | 20.10.2022 | EUR | 0.25 |
| (EUR hedged) K-B-mdist	15.11.2022 | 18.11.2022 | EUR | 0.14 |
| 1  See note 5 |  |  |  |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (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 Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	ABJA INVESTMENT CO PTE LTD-REG-S 5.45000% 18-24.01.28 | 1 000 000.00 | 962 187.50 | 0.45 |
| USD	ABU DHABI NATIONAL ENERGY CO PJSC-REG-S 4.87500% 18-23.04.30 | 900 000.00 | 918 731.25 | 0.43 |
| USD	ADANI GREEN ENERGY LTD-REG-S 4.37500% 21-08.09.24 | 1 350 000.00 | 1 207 494.00 | 0.57 |
| USD	ADANI PORTS & SPECIAL ECO ZONE-REG-S 4.20000% 20-04.08.27 | 1 000 000.00 | 871 750.00 | 0.41 |
| USD	AFRICA FINANCE CORP-REG-S 2.87500% 21-28.04.28 | 1 000 000.00 | 817 500.00 | 0.38 |
| USD	AFRICAN EXPORT-IMPORT BANK/THE-REG-S 2.63400% 21-17.05.26 | 500 000.00 | 434 376.00 | 0.20 |
| USD	AIA GROUP LTD-REG-S 3.60000% 19-09.04.29 | 1 500 000.00 | 1 370 758.41 | 0.65 |
| USD	AIA GROUP LTD-REG-S 3.37500% 20-07.04.30 | 1 150 000.00 | 1 015 225.60 | 0.48 |
| USD	AKBANK TAS-REG-S 6.80000% 20-06.02.26 | 1 510 000.00 | 1 382 876.88 | 0.65 |
| USD	ALIBABA GROUP HOLDING LTD 4.00000% 17-06.12.37 | 450 000.00 | 354 811.50 | 0.17 |
| USD	ALPEK SA DE CV-REG-S 4.25000% 19-18.09.29 | 1 200 000.00 | 1 076 850.00 | 0.51 |
| USD	ALSEA SAB DE CV-REG-S 7.75000% 21-14.12.26 | 1 000 000.00 | 982 062.50 | 0.46 |
| USD	ALTICE FINANCING SA-REG-S 5.00000% 20-15.01.28 | 1 700 000.00 | 1 386 996.00 | 0.65 |
| USD	AMERICA MOVIL SAB DE CV-REG-S 5.37500% 22-04.04.32 | 900 000.00 | 826 875.00 | 0.39 |
| USD	ANGLOGOLD ASHANTI HOLDINGS PLC 3.37500% 21-01.11.28 | 600 000.00 | 519 487.50 | 0.24 |
| USD	BANCO DE BOGOTA SA-REG-S-SUB 6.25000% 16-12.05.26 | 400 000.00 | 381 450.00 | 0.18 |
| USD	BANCO DO BRASIL SA/CAYMAN-REG-S 4.87500% 22-11.01.29 | 500 000.00 | 463 375.00 | 0.22 |
| USD	BRASKEM IDESA SAPI-REG-S 7.45000% 19-15.11.29 | 800 000.00 | 626 500.00 | 0.30 |
| USD	BRASKEM IDESA SAPI-REG-S 6.99000% 21-20.02.32 | 800 000.00 | 563 000.00 | 0.27 |
| USD	CELULOSA ARAUCO Y CONSTITUCION SA-REG-S 5.50000% 19-30.04.49 | 900 000.00 | 743 625.00 | 0.35 |
| USD	CELULOSA ARAUCO Y CONSTITUCION SA-REG-S 4.20000% 19-29.01.30 | 1 000 000.00 | 902 700.00 | 0.43 |
| USD	CEMIG GERACAO E TRANSMISSAO SA-REG-S 9.25000% 17-05.12.24 | 1 880 000.00 | 1 925 590.00 | 0.91 |
| USD	CENCOSUD SA-REG-S 4.37500% 17-17.07.27 | 700 000.00 | 649 381.25 | 0.31 |
| USD	CENTRAL AMERICAN BOTTLING CORP-REG-S 5.25000% 22-27.04.29 | 1 500 000.00 | 1 340 625.00 | 0.63 |
| USD	CHINA EVERGRANDE GRO-REG-S *DEFAULTED* 10.00000% 19-11.04.23 | 1 100 000.00 | 62 768.75 | 0.03 |
| USD	CHINA EVERGRANDE GRO-REG-S *DEFAULTED* 12.00000% 20-22.01.24 | 500 000.00 | 27 500.00 | 0.01 |
| USD	CIFI HOLDINGS GROUP CO LTD-REG-S 4.45000% 21-17.08.26 | 1 210 000.00 | 193 600.00 | 0.09 |
| USD	CK HUTCHISON INTERNATIONAL 20 LTD-REG-S 2.50000% 20-08.05.30 | 500 000.00 | 420 413.87 | 0.20 |
| USD	COCA-COLA FEMSA 1.85000% 20-01.09.32 | 600 000.00 | 457 612.50 | 0.22 |
| USD	COLBUN SA-REG-S 3.95000% 17-11.10.27 | 1 625 000.00 | 1 484 843.75 | 0.70 |
| USD	CONSORCIO TRANSMANTARO SA-REG-S 5.20000% 22-11.04.38 | 650 000.00 | 579 150.00 | 0.27 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 8.00000% 18-27.01.24 | 1 000 000.00 | 595 000.00 | 0.28 |
| USD	CREDICORP LTD-REG-S 2.75000% 20-17.06.25 | 1 240 000.00 | 1 152 270.00 | 0.54 |
| USD	CSN ISLANDS XI CORP-REG-S 6.75000% 20-28.01.28 | 1 000 000.00 | 946 250.00 | 0.45 |
| USD	CT TRUST-REG-S 5.12500% 22-03.02.32 | 700 000.00 | 603 443.75 | 0.28 |
| USD	DAE FUNDING LLC-REG-S 3.37500% 21-20.03.28 | 350 000.00 | 305 812.50 | 0.14 |
| USD	DELHI INTERNATIONAL AIRPORT LTD-REG-S 6.45000% 19-04.06.29 | 500 000.00 | 458 750.00 | 0.22 |
| USD	DOMINICAN REPUBLIC INT BOND-REG-S 4.87500% 20-23.09.32 | 650 000.00 | 538 200.00 | 0.25 |
| USD	ECOPETROL SA 4.62500% 21-02.11.31 | 600 000.00 | 452 520.00 | 0.21 |
| USD	ECOPETROL SA 5.87500% 14-28.05.45 | 800 000.00 | 548 500.00 | 0.26 |
| USD	ECOPETROL SA 5.87500% 21-02.11.51 | 800 000.00 | 528 800.00 | 0.25 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 0.50000% 20-31.07.30 | 700 000.00 | 423 850.00 | 0.20 |
| USD	EGYPT, REPUBLIC OF-REG-S 7.62500% 20-29.05.32 | 1 250 000.00 | 940 078.12 | 0.44 |
| USD	EMBRAER NETHERLANDS FINANCE BV-REG-S 6.95000% 20-17.01.28 | 830 000.00 | 822 374.38 | 0.39 |
| USD	EMPRESA ELECTRICA GUACOLDA SA-REG-S 4.56000% 15-30.04.25 | 1 500 000.00 | 451 687.50 | 0.21 |
| USD	ENEL CHILE SA 4.87500% 18-12.06.28 | 1 130 000.00 | 1 078 585.00 | 0.51 |
| USD	FIRST QUANTUM MINERALS LTD-REG-S 7.50000% 17-01.04.25 | 2 200 000.00 | 2 168 100.00 | 1.02 |
| USD	FLEX LTD 4.87500% 20-12.05.30 | 750 000.00 | 688 290.00 | 0.32 |
| USD	FOMENTO ECONOMICO MEXIC SAB DE CV 3.50000% 20-16.01.50 | 500 000.00 | 355 000.00 | 0.17 |
| USD	FRESNILLO PLC-REG-S 4.25000% 20-02.10.50 | 500 000.00 | 376 500.00 | 0.18 |
| USD	GACI FIRST INVESTMENT CO-REG-S 5.25000% 22-13.10.32 | 1 000 000.00 | 1 030 250.00 | 0.49 |
| USD	GACI FIRST INVESTMENT CO-REG-S 5.00000% 22-13.10.27 | 1 000 000.00 | 1 004 250.00 | 0.47 |
| USD	GOLD FIELDS OROGEN HOLDINGS BVI-REG-S 5.12500% 19-15.05.24 | 300 000.00 | 295 743.75 | 0.14 |
| USD	GRUPO AVAL LTD-REG-S 4.37500% 20-04.02.30 | 750 000.00 | 582 000.00 | 0.27 |
| USD	HERITAGE PETROLEUM CO LTD-REG-S 9.00000% 22-12.08.29 | 600 000.00 | 626 250.00 | 0.29 |
| USD	HTA GROUP LTD/MAURITIUS-REG-S 7.00000% 20-18.12.25 | 1 700 000.00 | 1 564 102.00 | 0.74 |
| USD	IHS NETHERLANDS HOLDCO BV-REG-S 8.00000% 19-18.09.27 | 1 000 000.00 | 824 562.50 | 0.39 |
| USD	INDOFOOD CBP SUKSES MAKMUR TBK PT-REG-S 3.39800% 21-09.06.31 | 2 000 000.00 | 1 610 000.00 | 0.76 |
| USD	INDUSTRIAS PENOLES SAB DE CV-REG-S 5.65000% 19-12.09.49 | 500 000.00 | 443 843.75 | 0.21 |
| USD	INDUSTRIAS PENOLES SAB DE CV-REG-S 4.75000% 20-06.08.50 | 600 000.00 | 475 050.00 | 0.22 |
| USD	INSTITUTO COSTARRICENSE DE ELECT-REG-S 6.75000% 21-07.10.31 | 500 000.00 | 468 750.00 | 0.22 |
| USD	INVESTMENT ENERGY RESOURCES LTD-REG-S 6.25000% 21-26.04.29 | 1 600 000.00 | 1 439 300.00 | 0.68 |
| USD	IPOTEKA-BANK ATIB-REG-S 5.50000% 20-19.11.25 | 600 000.00 | 507 702.00 | 0.24 |
| USD	ISRAEL ELECTRIC CORP LTD-144A-REG-S 5.00000% 14-12.11.24 | 1 666 000.00 | 1 641 010.00 | 0.77 |
| USD	JSL EUROPE SA-REG-S 5.20000% 21-26.01.31 | 800 000.00 | 600 000.00 | 0.28 |
| USD	JSW STEEL LTD-REG-S 5.37500% 19-04.04.25 | 800 000.00 | 754 650.00 | 0.36 |
| USD	KAISA GROUP HOLDINGS-REG-S*DEFAULTED* 11.95000% 19-22.10.22 | 600 000.00 | 61 500.00 | 0.03 |
| USD	KLABIN AUSTRIA GMBH-REG-S 7.00000% 19-03.04.49 | 700 000.00 | 662 200.00 | 0.31 |
| USD	KOREA GAS CORP-REG-S 3.50000% 15-21.07.25 | 1 130 000.00 | 1 076 183.75 | 0.51 |
| USD	KOSMOS ENERGY LTD-REG-S 7.12500% 19-04.04.26 | 1 550 000.00 | 1 378 821.87 | 0.65 |
| USD	KOSMOS ENERGY LTD-REG-S 7.50000% 21-01.03.28 | 500 000.00 | 424 255.00 | 0.20 |
| USD	KUWAIT PROJECTS CO SPC LTD-REG-S 4.22900% 19-29.10.26 | 550 000.00 | 469 665.63 | 0.22 |
| USD	LEVIATHAN BOND LTD-144A-REG-S 6.75000% 20-30.06.30 | 2 190 000.00 | 2 059 695.00 | 0.97 |
| USD	LIQUID TELECOMMUNICATIONS FIN-REG-S 5.50000% 21-04.09.26 | 2 000 000.00 | 1 380 000.00 | 0.65 |
| USD	LLPL CAPITAL PTE LTD-REG-S 6.87500% 19-04.02.39 | 830 000.00 | 596 699.33 | 0.28 |
| USD	MDGH GMTN RSC LTD-REG-S 5.50000% 22-28.04.33 | 200 000.00 | 209 750.00 | 0.10 |
| USD	MEDCO BELL PTE LTD-REG-S 6.37500% 20-30.01.27 | 700 000.00 | 619 318.00 | 0.29 |
| USD	MEDCO LAUREL TREE PTE LTD-REG-S 6.95000% 21-12.11.28 | 500 000.00 | 435 035.00 | 0.20 |
| USD	MELCO RESORTS FINANCE LTD-REG-S 4.87500% 17-06.06.25 | 500 000.00 | 421 665.00 | 0.20 |
| USD	METINVEST BV-REG-S 8.50000% 18-23.04.26 | 900 000.00 | 486 000.00 | 0.23 |
| USD	MHP LUX SA-REG-S *DEFAULTED* 6.95000% 18-03.04.26 | 1 200 000.00 | 600 000.00 | 0.28 |
| USD	MHP SA-REG-S *DEFAULTED* 7.75000% 17-10.05.24 | 1 200 000.00 | 624 000.00 | 0.29 |
| USD	MILLICOM INTERNATIONAL CELLULAR-REG-S 6.25000% 19-25.03.29 | 1 150 000.00 | 980 776.35 | 0.46 |
| USD	MINERVA LUXEMBOURG SA-REG-S 4.37500% 21-18.03.31 | 1 200 000.00 | 985 320.00 | 0.46 |
| USD	MTN MAURITIUS INVESTMENTS LTD-REG-S 4.75500% 14-11.11.24 | 666 000.00 | 646 561.13 | 0.30 |
| USD	NATIONAL BANK OF UZBEKISTAN-REG-S 4.85000% 20-21.10.25 | 1 200 000.00 | 1 071 975.00 | 0.50 |
| USD	NATIONAL CENTRAL COOLING CO-REG-S 2.50000% 20-21.10.27 | 1 180 000.00 | 1 021 290.00 | 0.48 |
| USD	OCP SA-REG-S 5.12500% 21-23.06.51 | 750 000.00 | 538 031.25 | 0.25 |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (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 | OCP SA-REG-S 6.87500% 14-25.04.44 | 500 000.00 | 452 125.00 | 0.21 |
| USD | OIL AND GAS HOLDING CO BSCC/THE-REG-S 7.62500% 18-07.11.24 | 750 000.00 | 756 937.50 | 0.36 |
| USD | OLEODUCTO CENTRAL SA-REG-S 4.00000% 20-14.07.27 | 1 860 000.00 | 1 601 925.00 | 0.75 |
| USD | ORBIA ADVANCE CORP SAB DE CV-REG-S 1.87500% 21-11.05.26 | 300 000.00 | 258 000.00 | 0.12 |
| USD | ORBIA ADVANCE CORP SAB DE CV-REG-S 2.87500% 21-11.05.31 | 500 000.00 | 394 887.50 | 0.19 |
| USD | OZTEL HOLDINGS SPC-REG-S 5.62500% 18-24.10.23 | 1 500 000.00 | 1 490 437.50 | 0.70 |
| USD | PANAMA, REPUBLIC OF 4.50000% 17-15.05.47 | 500 000.00 | 393 750.00 | 0.19 |
| USD | PANAMA, REPUBLIC OF 3.87000% 19-23.07.60 | 500 000.00 | 332 750.00 | 0.16 |
| USD | PANAMA, REPUBLIC OF 6.40000% 22-14.02.35 | 1 100 000.00 | 1 144 000.00 | 0.54 |
| USD | PERU, REPUBLIC OF 3.30000% 21-11.03.41 | 600 000.00 | 447 600.00 | 0.21 |
| USD | PETROBRAS GLOBAL FINANCE BV 6.90000% 19-19.03.49 | 300 000.00 | 262 278.00 | 0.12 |
| USD | PETROBRAS GLOBAL FINANCE BV 5.60000% 20-03.01.31 | 700 000.00 | 651 000.00 | 0.31 |
| USD | PETROLEOS MEXICANOS 6.70000% 22-16.02.32 | 3 150 000.00 | 2 428 177.50 | 1.14 |
| USD | PETROLEOS MEXICANOS 7.69000% 20-23.01.50 | 850 000.00 | 578 595.00 | 0.27 |
| USD | PETRORIO LUXEMBOURG SARL-REG-S 6.12500% 21-09.06.26 | 1 400 000.00 | 1 323 700.00 | 0.62 |
| USD | PROSUS NV-REG-S 3.68000% 20-21.01.30 | 500 000.00 | 401 343.75 | 0.19 |
| USD | RIO ENERGY SA/UGEN SA/UENSA SA-REG-S 6.87500% 18-01.02.25 | 550 000.00 | 354 406.25 | 0.17 |
| USD | RUMO LUXEMBOURG SARL-REG-S 4.20000% 21-18.01.32 | 1 200 000.00 | 936 975.00 | 0.44 |
| USD | SA GLOBAL SUKUK LTD-REG-S 2.69400% 21-17.06.31 | 1 150 000.00 | 982 746.87 | 0.46 |
| USD | SANDS CHINA LTD 5.40000% 19-08.08.28 | 3 000 000.00 | 2 741 250.00 | 1.29 |
| USD | SASOL FINANCING USA LLC 6.50000% 18-27.09.28 | 1 000 000.00 | 928 625.00 | 0.44 |
| USD | SASOL FINANCING USA LLC 5.50000% 21-18.03.31 | 2 150 000.00 | 1 780 200.00 | 0.84 |
| USD | SIGMA FINANCE NETHERLANDS BV-REG-S 4.87500% 18-27.03.28 | 700 000.00 | 660 318.75 | 0.31 |
| USD | SOUTH AFRICA, REPUBLIC OF 5.65000% 17-27.09.47 | 500 000.00 | 378 125.00 | 0.18 |
| USD | STUDIO CITY FINANCE LTD-REG-S 6.50000% 20-15.01.28 | 1 500 000.00 | 1 070 250.00 | 0.50 |
| USD | SUNAC CHINA HOLDINGS-REG-S *DEFAULTED* 8.35000% 18-19.04.23 | 1 120 000.00 | 123 200.00 | 0.06 |
| USD | SUZANO AUSTRIA GMBH 3.75000% 20-15.01.31 | 500 000.00 | 415 625.00 | 0.20 |
| USD | SUZANO AUSTRIA GMBH 3.12500% 19-15.01.32 | 1 500 000.00 | 1 168 125.00 | 0.55 |
| USD | TEVA PHARMACEUTICAL FINANCE NL III BV 3.15000% 16-01.10.26 | 750 000.00 | 649 076.25 | 0.31 |
| USD | TEVA PHARMACEUTICAL FINANCE NL III BV 6.75000% 18-01.03.28 | 1 400 000.00 | 1 358 700.00 | 0.64 |
| USD | TEVA PHARMACEUTICAL FINANCE NL III BV 5.12500% 21-09.05.29 | 500 000.00 | 442 625.00 | 0.21 |
| USD | TRUST F/1401-REG-S 6.39000% 19-15.01.50 | 900 000.00 | 676 575.00 | 0.32 |
| USD | TULLOW OIL PLC-REG-S 10.25000% 21-15.05.26 | 250 000.00 | 215 000.00 | 0.10 |
| USD | TURKEY, REPUBLIC OF 9.87500% 22-15.01.28 | 1 950 000.00 | 2 032 875.00 | 0.96 |
| USD | TURKIYE IS BANKASI-REG-S 6.12500% 17-25.04.24 | 1 800 000.00 | 1 771 830.00 | 0.83 |
| USD | UKRAINE, GOVERNMENT OF-REG-S 7.37500% 17-25.09.34 | 2 100 000.00 | 442 706.25 | 0.21 |
| USD | UNIFIN FINANCIE DE CV-REG-S *DEFAULTED*9.87500% 21-28.01.29 | 870 000.00 | 30 450.00 | 0.01 |
| USD | UZBEKNEFTEGAZ JSC-REG-S 4.75000% 21-16.11.28 | 700 000.00 | 546 000.00 | 0.26 |
| USD | VEDANTA RESOURCES PLC-REG-S 6.12500% 17-09.08.24 | 2 500 000.00 | 1 520 325.00 | 0.72 |
| USD | WYNN MACAU LTD-REG-S 4.87500% 17-01.10.24 | 750 000.00 | 692 653.12 | 0.33 |
| USD | WYNN MACAU LTD-REG-S 5.12500% 19-15.12.29 | 970 000.00 | 744 402.25 | 0.35 |
| USD | YPF SA-REG-S 8.50000% 15-28.07.25 | 1 450 000.00 | 1 133 084.37 | 0.53 |
| USD | YPF SA-REG-S 8.75000% 14-04.04.24 | 1 210 000.00 | 783 898.50 | 0.37 |
| USD | YUZHOU GROUP HOLDINGS-REG-S*DEFAULTED* 7.85000% 20-12.08.26 | 210 000.00 | 9 975.00 | 0.00 |
| USD | YUZHOU PROPERTIES-REG-S*DEFAULTED* 7.37500% 20-13.01.26 | 400 000.00 | 19 000.00 | 0.01 |
| Total USD |  |  | 106 526 864.18 | 50.15 |
| Total Notes, fixed rate |  | 106 526 864.18 | 50.15 |
| Notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	ALFA BD ISS OJSC ALFA BK-REG-S-SUB 5.950%/VAR 19-15.04.30 | 1 880 000.00 | 153 925.00 | 0.07 |
| USD	BANCO SANTANDER SA-REG-S-SUB 5.950%/VAR 18-01.10.28 | 830 000.00 | 820 662.50 | 0.39 |
| USD	BANCOLOMBIA SA-SUB 4.875%/VAR 17-18.10.27 | 950 000.00 | 904 875.00 | 0.43 |
| USD	BANGKOK BANK -REG-S-SUB 3.466%/VAR 21-23.09.36 | 400 000.00 | 314 196.00 | 0.15 |
| USD	BRASKEM NETHERLANDS FINANCE-REG-S-SUB 8.500%/VAR 20-23.01.81 | 900 000.00 | 870 750.00 | 0.41 |
| USD	BURGAN BANK SAK-REG-S-SUB 2.750%/VAR 20-15.12.31 | 1 000 000.00 | 732 375.00 | 0.34 |
| USD	DP WORLD SALAAM-REG-S-SUB 6.000%/VAR 20-PRP | 1 500 000.00 | 1 485 000.00 | 0.70 |
| USD	ECOBANK TRANSNATIONAL INC-REG-S-SUB 8.750%/VAR 21-17.06.31 | 1 050 000.00 | 824 250.00 | 0.39 |
| USD	GAZPROM PJSC VIA GAZ FIN PLC-REG-S-SUB 4.598%/VAR 20-PRP | 1 000 000.00 | 450 000.00 | 0.21 |
| USD	GRUPO BIMBO SA DE CV-REG-S-SUB 5.950%/VAR 18-PRP | 2 000 000.00 | 1 975 000.00 | 0.93 |
| USD	MASHREQBANK PSC-REG-S-SUB 7.875%/VAR 22-24.02.33 | 1 300 000.00 | 1 332 500.00 | 0.63 |
| USD	NBK TIER 2 LTD-REG-S-SUB 2.500%/VAR 20-24.11.30 | 750 000.00 | 658 500.00 | 0.31 |
| USD	OVERSEA-CHINESE BKNG-REG-S-SUB 1.832%/VAR 20-10.09.30 | 600 000.00 | 535 848.00 | 0.25 |
| Total USD |  | 11 057 881.50 | 5.21 |
| Total Notes, floating rate |  | 11 057 881.50 | 5.21 |
| Medium term notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	ABQ FINANCE LTD-REG-S 1.87500% 20-08.09.25 | 750 000.00 | 676 781.25 | 0.32 |
| USD	ABU DHABI COMMERCIAL BANK PJSC-REG-S 4.50000% 22-14.09.27 | 550 000.00 | 536 250.00 | 0.25 |
| USD	AIA GROUP LTD-REG-S 4.50000% 16-16.03.46 | 350 000.00 | 297 450.76 | 0.14 |
| USD	AXIATA SPV5 LABUAN LTD-REG-S 3.06400% 20-19.08.50 | 1 650 000.00 | 1 081 080.00 | 0.51 |
| USD	BANCO DE CREDITO E INVERSIONES SA-REG-S 2.87500% 21-14.10.31 | 1 730 000.00 | 1 386 162.50 | 0.65 |
| USD	BANK MUSCAT SAOG-REG-S 4.75000% 21-17.03.26 | 1 000 000.00 | 948 625.00 | 0.45 |
| USD	BANK NEGARA INDONESIA PERSERO-REG-S-SUB 3.75000% 21-30.03.26 | 390 000.00 | 351 042.90 | 0.17 |
| USD	BANK OF CHINA LTD-REG-S-SUB 5.00000% 14-13.11.24 | 1 000 000.00 | 989 920.00 | 0.47 |
| USD	BOC AVIATION LTD-REG-S 2.62500% 20-17.01.25 | 790 000.00 | 736 954.91 | 0.35 |
| USD	CBQ FINANCE LTD-REG-S 2.00000% 21-12.05.26 | 1 050 000.00 | 933 056.25 | 0.44 |
| USD	CHINA CINDA FINANCE 2015 I LTD-REG-S 4.25000% 15-23.04.25 | 500 000.00 | 473 062.50 | 0.22 |
| USD	CHINA EVERGRANDE GRO-REG-S *DEFAULTED* 9.50000% 17-29.03.24 | 510 000.00 | 29 101.88 | 0.01 |
| USD	DP WORLD CRESCENT LTD-REG-S 3.87500% 19-18.07.29 | 760 000.00 | 699 390.00 | 0.33 |
| USD	EMAAR SUKUK LTD-REG-S 3.87500% 19-17.09.29 | 750 000.00 | 685 453.12 | 0.32 |
| USD	EQUATE PETROCHEMICAL BV-REG-S 2.62500% 21-28.04.28 | 1 130 000.00 | 964 172.50 | 0.45 |
| USD	FREEPORT INDONESIA PT-144A 5.31500% 22-14.04.32 | 855 000.00 | 781 683.75 | 0.37 |
| USD	FREEPORT INDONESIA-REG-S 5.31500% 22-14.04.32 | 950 000.00 | 868 537.50 | 0.41 |
| USD	GC TREASURY CENTER CO LTD-REG-S 2.98000% 21-18.03.31 | 950 000.00 | 765 225.00 | 0.36 |
| USD	GC TREASURY CENTER CO LTD-REG-S 4.30000% 21-18.03.51 | 760 000.00 | 534 042.50 | 0.25 |
| USD	GREENKO POWER II LTD-REG-S 4.30000% 21-13.12.28 | 850 000.00 | 697 935.00 | 0.33 |
| USD	MAF SUKUK LTD-REG-S 3.93250% 19-28.02.30 | 1 130 000.00 | 1 034 161.87 | 0.49 |
| USD	MEGLOBAL CANADA INC-REG-S 5.87500% 20-18.05.30 | 1 000 000.00 | 988 312.50 | 0.46 |
| USD	OVERSEA-CHINESE BANKING CORP-REG-S-SUB 4.25000% 14-19.06.24 | 1 000 000.00 | 982 903.60 | 0.46 |
| USD	POLAND, REPUBLIC OF 5.75000% 22-16.11.32 | 500 000.00 | 526 220.00 | 0.25 |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (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 | POWER FINANCE CORP LTD-REG-S 3.95000% 20-23.04.30 | 1 530 000.00 | 1 353 380.62 | 0.64 |
| USD | PTT TREASURY CENTER CO LTD-REG-S 3.70000% 20-16.07.70 | 760 000.00 | 475 855.00 | 0.22 |
| USD | PTTEP TREASURY CENTER CO LTD-REG-S 3.90300% 19-06.12.59 | 760 000.00 | 509 420.40 | 0.24 |
| USD | QNB FINANCE LTD-REG-S 2.62500% 20-12.05.25 | 1 950 000.00 | 1 828 490.62 | 0.86 |
| USD | QNB FINANCE LTD-REG-S 1.37500% 21-26.01.26 | 750 000.00 | 663 656.25 | 0.31 |
| USD | QTEL INTERNATIONAL FINANCE LTD-REG-S 2.62500% 21-08.04.31 | 1 420 000.00 | 1 214 100.00 | 0.57 |
| USD | SAUDI ARABIAN OIL CO-REG-S 3.50000% 19-16.04.29 | 2 100 000.00 | 1 942 500.00 | 0.91 |
| USD | SAUDI ARABIAN OIL CO-REG-S 4.25000% 19-16.04.39 | 2 340 000.00 | 2 106 585.00 | 0.99 |
| USD | SHINHAN BANK-REG-S-SUB 3.87500% 16-24.03.26 | 710 000.00 | 662 692.70 | 0.31 |
| USD | SHRIRAM TRANSPORT FINANCE CO LTD-REG-S 5.10000% 20-16.07.23 | 600 000.00 | 594 000.00 | 0.28 |
| USD | SHRIRAM TRANSPORT FINANCE CO LTD-REG-S 4.40000% 21-13.03.24 | 500 000.00 | 480 000.00 | 0.23 |
| USD | SINGTEL GROUP TREASURY PTE LTD-REG-S 3.25000% 15-30.06.25 | 600 000.00 | 573 451.14 | 0.27 |
| USD | SINO OCEAN LAND TREASURY FINANCE-REG-S 6.00000 14-30.07.24 | 530 000.00 | 227 900.00 | 0.11 |
| USD | TENCENT HOLDINGS LTD-REG-S 3.68000% 21-22.04.41 | 510 000.00 | 375 655.80 | 0.18 |
| USD | THAIOIL TREASURY CENTER CO LTD-REG-S 4.62500% 18-20.11.28 | 700 000.00 | 648 943.75 | 0.31 |
| USD | THAIOIL TREASURY CENTER CO LTD-REG-S 2.50000% 20-18.06.30 | 1 550 000.00 | 1 197 181.25 | 0.56 |
| USD | YAPI VE KREDI BANKASI AS-REG-S 8.25000% 19-15.10.24 | 550 000.00 | 554 743.75 | 0.26 |
| Total USD |  |  | 33 376 081.57 | 15.71 |
| Total Medium term notes, fixed rate |  | 33 376 081.57 | 15.71 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	BANGKOK BANK PCL/HONG KONG-REG-S-SUB 3.733%/VAR 19-25.09.34 | 2 000 000.00 | 1 622 875.01 | 0.76 |
| USD	DBS GROUP HOLDINGS LTD-REG-S-SUB 3.300%/VAR 20-PRP | 830 000.00 | 758 620.00 | 0.36 |
| USD	ITAU UNIBANCO HOLDING SA-REG-S-SUB 6.125%/VAR 17-PRP | 500 000.00 | 475 312.50 | 0.22 |
| USD	UNITED OVERSEAS BANK LTD-REG-S-SUB 3.750%/VAR 19-15.04.29 | 1 580 000.00 | 1 534 249.35 | 0.72 |
| USD	UNITED OVERSEAS BANK LTD-REG-S-SUB 3.863%/VAR 22-07.10.32 | 250 000.00 | 231 237.65 | 0.11 |
| Total USD |  | 4 622 294.51 | 2.17 |
| Total Medium term notes, floating rate |  | 4 622 294.51 | 2.17 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AKBANK TAS-REG-S 5.12500% 15-31.03.25 | 640 000.00 | 600 720.00 | 0.28 |
| USD	ALMARAI SUKUK LTD-REG-S 4.31100% 19-05.03.24 | 750 000.00 | 737 015.63 | 0.35 |
| USD	ARABIAN CENTRES SUKUK II LTD-REG-S 5.62500% 21-07.10.26 | 1 400 000.00 | 1 245 825.00 | 0.59 |
| USD	COLOMBIA, REPUBLIC OF 8.00000% 22-20.04.33 | 1 500 000.00 | 1 490 250.00 | 0.70 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 6.15000% 19-17.09.25 | 2 000 000.00 | 970 000.00 | 0.46 |
| USD	DAR AL-ARKAN SUKUK CO LTD-REG-S 6.75000% 19-15.02.25 | 500 000.00 | 479 156.25 | 0.23 |
| USD	DEVELOPMENT BANK OF MONGOLIA LLC-REG-S 7.25000% 18-23.10.23 | 550 000.00 | 481 310.50 | 0.23 |
| USD	ENERGEAN ISRAEL FINANCE LTD-144A-REG-S 5.37500% 21-30.03.28 | 1 000 000.00 | 915 000.00 | 0.43 |
| USD	GAZPROM PJSC-REG-S 3.00000% 20-29.06.27 | 900 000.00 | 630 000.00 | 0.30 |
| USD	GHANA GOVT INTNL BOND-REG-S 8.75000% 20-11.03.61 | 921 000.00 | 295 756.13 | 0.14 |
| USD	GREENKO SOLAR MAURITIUS LTD-REG-S 5.55000% 19-29.01.25 | 550 000.00 | 511 500.00 | 0.24 |
| USD	GREENKO SOLAR MAURITIUS LTD-REG-S 5.95000% 19-29.07.26 | 1 400 000.00 | 1 263 598.00 | 0.59 |
| USD	GRUPOSURA FINANCE-REG-S 5.50000% 16-29.04.26 | 400 000.00 | 375 320.00 | 0.18 |
| USD	HUTCHISON WHAMPOA INTERNATIONAL14-REG-S 3.62500% 14-31.10.24 | 570 000.00 | 553 006.88 | 0.26 |
| USD	IHS HOLDING LTD-REG-S 5.62500% 21-29.11.26 | 1 000 000.00 | 785 187.50 | 0.37 |
| USD	IHS HOLDING LTD-REG-S 6.25000% 21-29.11.28 | 1 200 000.00 | 920 850.00 | 0.43 |
| USD	JSW STEEL LTD-REG-S 5.95000% 19-18.04.24 | 850 000.00 | 833 000.00 | 0.39 |
| USD	KAISA GROUP HOLDINGS-REG-S *DEFAULT* 11.70000% 21-11.11.25 | 1 100 000.00 | 112 750.00 | 0.05 |
| USD	KOREA GAS CORP-REG-S 2.87500% 19-16.07.29 | 860 000.00 | 754 538.20 | 0.35 |
| USD	LONGFOR PROPERTIES CO LTD-REG-S 4.50000% 18-16.01.28 | 390 000.00 | 282 972.30 | 0.13 |
| USD	MAF SUKUK LTD-REG-S 4.63800% 19-14.05.29 | 750 000.00 | 718 031.25 | 0.34 |
| USD	MAR SUKUK LTD-REG-S 2.21000% 20-02.09.25 | 1 320 000.00 | 1 213 080.00 | 0.57 |
| USD	OIL INDIA LTD-REG-S 5.12500% 19-04.02.29 | 500 000.00 | 481 812.50 | 0.23 |
| USD	OZTEL HOLDINGS SPC-REG-S 6.62500% 18-24.04.28 | 800 000.00 | 796 150.00 | 0.37 |
| USD	PAN AMERICAN ENERGY LLC/ARGENTINA-REG-S 9.12500% 21-30.04.27 | 900 000.00 | 997 481.25 | 0.47 |
| USD	PERUSAHAAN GAS NEGARA PT-REG-S 5.12500% 14-16.05.24 | 800 000.00 | 796 150.00 | 0.37 |
| USD	POSCO-REG-S 4.00000% 18-01.08.23 | 750 000.00 | 742 406.25 | 0.35 |
| USD	SAUDI ELECTRICITY GLOBAL SUKIK CO REG-S 5.50000% 14-08.04.44 | 350 000.00 | 348 096.87 | 0.16 |
| USD	SAUDI ELECTRICITY GLOBAL SUKUK CO-REG-S 4.22200% 18-27.01.24 | 500 000.00 | 494 375.00 | 0.23 |
| USD	SAUDI TELECOM CO-REG-S 3.89000% 19-13.05.29 | 800 000.00 | 754 650.00 | 0.36 |
| USD	SEPLAT PETROLEUM DEVELOPMENT CO-REG-S 7.75000% 21-01.04.26 | 1 510 000.00 | 1 141 748.75 | 0.54 |
| USD	SUNAC CHINA HOLDINGS-REG-S *DEFAULTED* 6.50000% 20-10.01.25 | 570 000.00 | 61 987.50 | 0.03 |
| USD	YUZHOU PROPERTIES-REG-S *DEFAULTED* 8.50000% 19-26.02.24 | 1 150 000.00 | 54 625.00 | 0.03 |
| Total USD |  | 22 838 350.76 | 10.75 |
| Total Bonds, fixed rate |  | 22 838 350.76 | 10.75 |
| Bonds, floating rate |  |  |  |
| USD |  |  |  |
| USD	ADIB CAPITAL INVEST 2 LTD-REG-S-SUB 7.125%/VAR 18-PRP | 650 000.00 | 652 153.12 | 0.31 |
| USD	BANCO DAVIVIENDA SA-REG-S-SUB 6.650%/VAR 21-PRP | 400 000.00 | 277 500.00 | 0.13 |
| USD	BANCO DO BRASIL CAYMAN-REG-S-SUB 9.250%/VAR 12-PRP | 1 660 000.00 | 1 658 755.00 | 0.78 |
| USD	BANCOLOMBIA SA-SUB 4.625%/VAR 19-18.12.29 | 1 500 000.00 | 1 280 625.00 | 0.60 |
| USD	BANK OF CHINA HONG KONG LTD-REG-S-SUB 5.900%/VAR 18-PRP | 1 350 000.00 | 1 348 650.00 | 0.63 |
| USD	EMIRATES NBD PJSC-REG-S-SUB 6.125%/VAR 19-PRP | 1 200 000.00 | 1 170 225.00 | 0.55 |
| USD	NBK TIER 1 FINANCING LTD-REG-S-SUB 3.625%/VAR 21-PRP | 1 510 000.00 | 1 295 580.00 | 0.61 |
| USD	SHINHAN FINANCIAL GROUP CO LTD-REG-S-SUB 2.875%VAR 21-PRP | 830 000.00 | 693 050.00 | 0.33 |
| Total USD |  | 8 376 538.12 | 3.94 |
| Total Bonds, floating rate |  | 8 376 538.12 | 3.94 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 186 798 010.64 | 87.93 |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (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% 16.06.22-15.06.23 | 4 000 000.00 | 3 905 212.24 | 1.84 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 13.09.22-10.01.23 | 4 200 000.00 | 4 181 784.85 | 1.97 |
| Total USD |  | 8 086 997.09 | 3.81 |
| Total Treasury bills, zero coupon |  | 8 086 997.09 | 3.81 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	CENCOSUD SA-REG-S 5.15000% 15-12.02.25 | 400 000.00 | 393 450.00 | 0.18 |
| USD	CSN RESOURCES SA REG-S 5.87500% 22-08.04.32 | 650 000.00 | 521 820.00 | 0.25 |
| USD	INVERSIONES CMPC SA-REG-S 3.85000% 20-13.01.30 | 600 000.00 | 533 250.00 | 0.25 |
| USD	METALSA SA DE CV-REG-S 3.75000% 21-04.05.31 | 760 000.00 | 578 217.50 | 0.27 |
| USD	MINERA MEXICO SA DE CV-REG-S 4.50000% 19-26.01.50 | 980 000.00 | 742 350.00 | 0.35 |
| USD	MV24 CAPITAL BV-REG-S 6.74800% 19-01.06.34 | 900 000.00 | 705 908.82 | 0.33 |
| Total USD |  | 3 474 996.32 | 1.63 |
| Total Notes, fixed rate |  | 3 474 996.32 | 1.63 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	INVERSIONES CMPC SA-REG-S 4.37500% 13-15.05.23 | 790 000.00 | 785 161.25 | 0.37 |
| Total USD |  | 785 161.25 | 0.37 |
| Total Bonds, fixed rate |  | 785 161.25 | 0.37 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 12 347 154.66 | 5.81 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Notes, fixed rate
| USD |  |
| --- | --- |
| USD | FIRST QUANTUM MINERALS LTD-REG-S 6.87500% 20-15.10.27 | 3 010 000.00 | 2 855 225.80 | 1.34 |
| USD | SOCIEDAD DE TRANSMISION AUSTRAL-REG-S 4.00000% 22-27.01.32 | 1 000 000.00 | 847 687.50 | 0.40 |
| USD | TEVA PHARMACEUTICAL FINANCE NETHERLANDS 7.12500% 20-31.01.25 | 1 500 000.00 | 1 497 187.50 | 0.71 |
| Total USD |  |  | 5 200 100.80 | 2.45 |
| Total Notes, fixed rate | 5 200 100.80 | 2.45 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market | 5 200 100.80 | 2.45 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Luxembourg |  |  |
| USD	UBS (LUX) BOND SICAV - CHINA HIGH YIELD (USD) U-X-ACC	385.00 | 1 691 616.85 | 0.80 |
| Total Luxembourg | 1 691 616.85 | 0.80 |
| Total Investment funds, open end | 1 691 616.85 | 0.80 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 1 691 616.85 | 0.80 |
| Total investments in securities | 206 036 882.95 | 96.99 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange |
| Financial Futures on bonds |
|  |  |  |  |
| USD	US ULTRA LONG BOND (CBT) FUTURE 22.03.23 | -1.00 | 2 468.75 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 22.03.23 | -68.00 | 16 125.00 | 0.01 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.23 | -47.00 | -5 140.63 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 31.03.23 | 69.00 | 23 179.72 | 0.01 |
| USD	US 5YR TREASURY NOTE FUTURE 31.03.23 | 35.00 | 10 117.21 | 0.00 |
| USD	US LONG BOND FUTURE 22.03.23 | 5.00 | -4 492.19 | 0.00 |
| Total Financial Futures on bonds |  | 42 257.86 | 0.02 |
| Total Derivative instruments listed on an official stock exchange |  | 42 257.86 | 0.02 |
| Total Derivative instruments |  | 42 257.86 | 0.02 |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (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) |  |

Forward Foreign Exchange contracts
Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date
| EUR | 13 381 600.00 | USD | 14 010 976.79 | 12.1.2023 | -182 945.83 | -0.09 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 215 600.00 | USD | 224 484.85 | 12.1.2023 | -1 692.10 | 0.00 |
| Total Forward Foreign Exchange contracts | -184 637.93 | -0.09 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 3 921 408.23 | 1.85 |
| Other assets and liabilities | 2 616 376.83 | 1.23 |
| Total net assets | 212 432 287.94 | 100.00 |

UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD) Semi-Annual Report as of 30 November 2022

Translation (ENFR, 2022-11-30):
# UBS (Lux) Bond SICAV
– Asian Investment Grade Bonds Sustainable (USD)
| Données principales |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Actif net en USD |  | 106 931 374.15 | 133 158 299.76 | 89 439 023.89 |
| Catégorie I-B-acc | LU1377678567 |  |  |  |
| Actions en circulation |  | 132 407.0000 | 184 428.0000 | 142 946.0000 |
| Valeur nette d’inventaire par action en USD |  | 113.89 | 118.12 | 128.30 |
| Prix d’émission et de rachat par action en USD 1 |  | 114.19 | 118.12 | 128.30 |
| Catégorie U-X-acc | LU1377216947 |  |  |  |
| Actions en circulation |  | 8 028.7420 | 9 389.7600 | 5 522.0000 |
| Valeur nette d’inventaire par action en USD |  | 11 440.32 | 11 861.19 | 12 875.47 |
| Prix d’émission et de rachat par action en USD 1 |  | 11 470.06 | 11 861.19 | 12 875.47 |
| 1  Voir note 1 |  |  |  |  |


## Structure du portefeuille-titres
Répartition géographique en % de l’actif net	
| Iles Caïmans | 14.54 |
| --- | --- |
| Hong Kong | 13.09 |
| Îles Vierges britanniques | 12.16 |
| Chine | 10.58 |
| Indonésie | 8.14 |
| Corée du Sud | 7.60 |
| Singapour | 7.54 |
| Etats-Unis | 5.19 |
| Inde | 4.29 |
| Philippines | 3.78 |
| Thaïlande | 2.80 |
| Japon | 2.54 |
| Malaisie | 1.75 |
| Grande-Bretagne | 1.24 |
| Macao | 0.27 |
| France | 0.23 |
| Total | 95.74 |

Répartition économique en % de l’actif net	
| Etablissements financiers et sociétés de participation | 30.86 |
| --- | --- |
| Banques & instituts de crédit | 23.42 |
| Gouvernements nationaux et centraux | 12.66 |
| Internet, logiciels et services informatiques | 4.31 |
| Emetteurs d’obligations sécurisées (Pfandbriefe) et |  |
| sociétés de refinancement | 3.25 |
| Services divers | 3.19 |
| Chimie | 2.95 |
| Pétrole | 2.61 |
| Industrie graphique, édition et médias | 2.37 |
| Télécommunications | 2.30 |
| Immobilier | 1.99 |
| Diverses sociétés commerciales | 1.42 |
| Trafic et transport | 0.96 |
| Industrie minière, charbon et acier | 0.88 |
| Villes, communes | 0.79 |
| Distribution d’énergie & d’eau | 0.70 |
| Alimentation & softs | 0.61 |
| Equipement informatique et de réseau | 0.47 |
| Total | 95.74 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds Sustainable (USD)
Rapport semestriel au 30 novembre 2022

## Etat des actifs nets
Actif	30.11.2022
USD
Portefeuille-titres, cours d’achat	113 041 390.62
| Portefeuille-titres, plus- (moins-) value non-réalisée | 	-10 665 744.40	 |
| --- | --- |
| Total portefeuille-titres (note 1) | 102 375 646.22 |
| Avoirs en banque, dépôts à vue et à terme | 3 891 887.88 |
| Autres liquidités (marges) | 390 612.56 |
| A recevoir sur ventes de titres (note 1) | 2 688 192.35 |
| Intérêts à recevoir sur titres | 846 142.76 |
| Frais payés d’avance | 21 517.94 |
| Bénéfice non réalisé sur contrats financiers à terme (note 1) | 8 627.73 |
| Total Actif | 110 222 627.44 |
|  |  |
| Passif |  |
| Crédit en compte courant | -137 580.12 |
| A payer sur achats de titres (note 1) | -3 143 075.32 |
| Provisions pour commission de gestion forfaitaire (note 2) | -821.85 |
| Provisions pour taxe d’abonnement (note 3) | -1 772.51 |
| Provisions pour autres commissions et frais (note 2) | 	-8 003.49	 |
| Total des Provisions pour frais | -10 597.85 |
| Total Passif | -3 291 253.29 |
|  |  |
| Actifs nets à la fin de la période | 106 931 374.15 |
| Etat des opérations | USD |
| Revenus | 1.6.2022-30.11.2022 |
| Revenus d’intérêts sur liquidités | 29 736.42 |
| Intérêts sur titres | 1 938 997.98 |
| Revenus nets sur prêts de titres (note 11) | 40 726.52 |
| Autres revenus (note 4) | 36 876.28 |
| Total des Revenus | 2 046 337.20 |
|  |  |
| Charges |  |
| Commission de gestion forfaitaire (note 2) | -6 068.03 |
| Taxe d’abonnement (note 3) | -5 680.70 |
| Autres commissions et frais (note 2) | -7 842.62 |
| Charges d’intérêts sur liquidités et crédit en compte courant | -1 085.36 |
| Total des Charges | -20 676.71 |
|  |  |
| Revenus (Pertes) net(te)s des investissements | 2 025 660.49 |
|  |  |
| Bénéfices (pertes) réalisé(e)s (note 1) |  |
| Bénéfice (perte) réalisé(e) sur titres évalués à la valeur de marché hors options | -7 361 038.49 |
| Bénéfice (perte) réalisé(e) sur contrats financiers à terme | -1 019 302.88 |
| Bénéfice (perte) réalisé(e) de change réalisé(e) | -2 551.74 |
| Total des Bénéfices (pertes) réalisé(e)s | -8 382 893.11 |
|  |  |
| Bénéfice (perte) net(te) réalisé(e) au cours de la période | -6 357 232.62 |
|  |  |
| Variations des plus- (moins-) values non-réalisées (note 1) |  |
| Plus- (Moins-) value non réalisée sur titres évalués à la valeur de marché hors options | 1 283 947.92 |
| Plus- (Moins-) value non réalisée sur contrats financiers à terme | 132 604.32 |
| Total des Variations des plus- (moins-) values non-réalisées | 1 416 552.24 |
|  |  |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -4 940 680.38 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds Sustainable (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 | 133 158 299.76 |
| Souscriptions | 2 560 994.01 |
| Rachats | 	-23 847 239.24	 |
| Souscriptions (Rachats) net(te)s | -21 286 245.23 |
| Revenus (Pertes) net(te)s des investissements | 2 025 660.49 |
| Total des Bénéfices (pertes) réalisé(e)s | -8 382 893.11 |
| Total des Variations des plus- (moins-) values non-réalisées | 	1 416 552.24	 |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -4 940 680.38 |
| Actifs nets à la fin de la période | 106 931 374.15 |
| Evolution des actions en circulation |  |
|  | 1.6.2022-30.11.2022 |
| Catégorie | I-B-acc |
| Nombre d’actions en circulation au début de la période | 184 428.0000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -52 021.0000 |
| Nombre d’actions en circulation à la fin de la période | 132 407.0000 |
| Catégorie | U-X-acc |
| Nombre d’actions en circulation au début de la période | 9 389.7600 |
| Nombre d’actions émises | 222.9820 |
| Nombre d’actions rachetées | -1 584.0000 |
| Nombre d’actions en circulation à la fin de la période | 8 028.7420 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds Sustainable (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 |  |  |  |
| Billets, taux fixe |  |  |  |
| USD |  |  |  |
| USD	ADANI PORTS & SPL ECO ZONE LTD-REG-S 5.00000% 21-02.08.41 | 600 000.00 | 424 612.50 | 0.40 |
| USD	AIRPORT AUTHORITY-REG-S 3.25000% 22-12.01.52 | 1 150 000.00 | 840 508.77 | 0.79 |
| USD	ALIBABA GROUP HOLDING LTD 3.60000% 15-28.11.24 | 200 000.00 | 192 286.00 | 0.18 |
| USD	ALIBABA GROUP HOLDING LTD 2.80000% 17-06.06.23 | 700 000.00 | 690 711.00 | 0.65 |
| USD	ALIBABA GROUP HOLDING LTD 3.15000% 21-09.02.51 | 850 000.00 | 541 033.50 | 0.51 |
| USD	AMBER CIRCLE FUNDING LTD-REG-S 3.25000% 12-04.12.22 | 1 290 000.00 | 1 289 742.00 | 1.21 |
| USD	BAIDU INC 3.07500% 20-07.04.25 | 250 000.00 | 234 757.50 | 0.22 |
| USD	BAIDU INC 4.12500% 15-30.06.25 | 750 000.00 | 720 712.50 | 0.67 |
| USD	BHARTI AIRTEL LTD-REG-S 4.37500% 15-10.06.25 | 800 000.00 | 773 150.00 | 0.72 |
| USD	CITIC LTD-REG-S 6.80000% 12-17.01.23 | 500 000.00 | 500 990.00 | 0.47 |
| USD	CK HUTCHISON INTERNATIONAL 20 LTD-REG-S 2.50000% 20-08.05.30 | 250 000.00 | 210 206.94 | 0.20 |
| USD	CK HUTCHISON INTNL 17 II LTD-REG-S 2.75000% 17-29.03.23 | 1 500 000.00 | 1 489 300.80 | 1.39 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 5.12500% 18-14.03.28 | 600 000.00 | 566 925.00 | 0.53 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 3.00000% 20-22.09.30 | 200 000.00 | 159 966.00 | 0.15 |
| USD	FRANSHION BRILLIANT LTD-REG-S 4.25000% 19-23.07.29 | 200 000.00 | 130 725.00 | 0.12 |
| USD	HAIDILAO INTERNATIONAL HOLDING-REG-S 2.15000% 21-14.01.26 | 400 000.00 | 334 000.00 | 0.31 |
| USD	HKT CAPITAL NO 4 LTD-REG-S 3.00000% 16-14.07.26 | 1 500 000.00 | 1 382 801.90 | 1.29 |
| USD	HUARONG FINANCE 2017 CO-REG-S 4.75000% 17-27.04.27 | 1 000 000.00 | 843 000.00 | 0.79 |
| USD	INDOFOOD CBP SUKSES MAKMUR TBK PT-REG-S 3.39800% 21-09.06.31 | 400 000.00 | 322 000.00 | 0.30 |
| USD	INDONESIA, REPUBLIC OF 4.10000% 18-24.04.28 | 1 500 000.00 | 1 461 843.75 | 1.37 |
| USD	INDONESIA, REPUBLIC OF 3.70000% 19-30.10.49 | 1 775 000.00 | 1 360 289.00 | 1.27 |
| USD	INDONESIA, REPUBLIC OF 4.65000% 22-20.09.32 | 625 000.00 | 614 131.25 | 0.57 |
| USD	INDONESIA, REPUBLIC OF-REG-S 5.25000% 12-17.01.42 | 200 000.00 | 195 662.50 | 0.18 |
| USD	KOREA NATIONAL OIL CORP-REG-S 2.62500% 16-14.04.26 | 300 000.00 | 276 806.25 | 0.26 |
| USD	KOREA NATIONAL OIL CORP-REG-S 2.62500% 22-18.04.32 | 300 000.00 | 239 688.00 | 0.22 |
| USD	LENOVO GROUP LTD-REG-S 3.42100% 20-02.11.30 | 400 000.00 | 307 950.00 | 0.29 |
| USD	LENOVO GROUP LTD-REG-S 6.53600% 22-27.07.32 | 200 000.00 | 191 748.00 | 0.18 |
| USD	LEVC FINANCE LTD-REG-S 1.37500% 21-25.03.24 | 1 600 000.00 | 1 519 808.00 | 1.42 |
| USD	LG CHEM LTD-REG-S 2.37500% 21-07.07.31 | 1 250 000.00 | 973 612.50 | 0.91 |
| USD	MALAYSIA SOVEREIGN SUKUK BHD-REG-S 3.04300% 15-22.04.25 | 800 000.00 | 771 900.00 | 0.72 |
| USD	MEITUAN DIANPING-REG-S 3.05000% 20-28.10.30 | 1 396 000.00 | 1 029 375.50 | 0.96 |
| USD	NORINCHUKIN BANK/THE REG-S 4.86700% 22-14.09.27 | 200 000.00 | 198 281.42 | 0.19 |
| USD	NORINCHUKIN BANK/THE-REG-S 5.07100% 22-14.09.32 | 200 000.00 | 196 620.36 | 0.18 |
| USD	PERUSAHAAN PENERBIT SBSN INDONESI-REG-S 4.40000% 22-06.06.27 | 1 500 000.00 | 1 475 906.25 | 1.38 |
| USD	PHILIPPINES, REPUBLIC OF THE 5.60900% 22-13.04.33 | 300 000.00 | 316 158.00 | 0.30 |
| USD	PHILIPPINES, REPUBLIC OF THE 5.17000% 22-13.10.27 | 825 000.00 | 841 590.75 | 0.79 |
| USD	POSCO-REG-S 4.50000% 22-04.08.27 | 1 000 000.00 | 936 970.00 | 0.88 |
| USD	RELIANCE INDUSTRIES LTD-REG-S 2.87500% 22-12.01.32 | 1 150 000.00 | 944 403.00 | 0.88 |
| USD	RELIANCE INDUSTRIES LTD-REG-S 3.62500% 22-12.01.52 | 750 000.00 | 506 859.37 | 0.47 |
| USD	SHINHAN BANK CO LTD-REG-S 3.87500% 18-05.11.23 | 400 000.00 | 395 220.00 | 0.37 |
| USD	SHINHAN CARD CO LTD-REG-S 2.50000% 22-27.01.27 | 750 000.00 | 648 090.00 | 0.61 |
| USD	STATE BANK OF INDIA LONDON-REG-S 4.87500% 14-17.04.24 | 1 200 000.00 | 1 188 225.00 | 1.11 |
| USD	STATE BANK OF INDIA LONDON-REG-S 4.37500% 19-24.01.24 | 1 100 000.00 | 1 083 706.25 | 1.01 |
| USD	STATE BANK OF INDIA LONDON-REG-S 4.50000% 18-28.09.23 | 250 000.00 | 247 792.50 | 0.23 |
| USD	SUMITOMO MITSUI TRUST BANK LTD-REG-S 4.95000% 22-15.09.27 | 1 100 000.00 | 1 089 347.71 | 1.02 |
| USD	TENCENT HOLDINGS LTD-REG-S 3.28000% 19-11.04.24 | 300 000.00 | 291 054.00 | 0.27 |
| USD	TSMC GLOBAL LTD-REG-S 2.25000% 21-23.04.31 | 1 650 000.00 | 1 333 843.50 | 1.25 |
| USD	WOORI BANK-REG-S 1.75000% 21-23.03.26 | 1 500 000.00 | 1 318 260.00 | 1.23 |
| Total USD |  | 33 602 572.27 | 31.42 |
| Total des Billets, taux fixe |  | 33 602 572.27 | 31.42 |
| Billets, taux variable |  |  |  |
| USD |  |  |  |
| USD	BANGKOK BANK -REG-S-SUB 3.466%/VAR 21-23.09.36 | 700 000.00 | 549 843.00 | 0.51 |
| USD	IND & COM BK CHINA MACAU-REG-S-SUB 2.875%/VAR 19-12.09.29 | 300 000.00 | 285 018.00 | 0.27 |
| USD	OVERSEA-CHINESE BKNG-REG-S-SUB 1.832%/VAR 20-10.09.30 | 2 375 000.00 | 2 121 065.00 | 1.98 |
| Total USD |  | 2 955 926.00 | 2.76 |
| Total des Billets, taux variable |  | 2 955 926.00 | 2.76 |
| Medium-Term Notes, taux fixe |  |  |  |
| USD |  |  |  |
| USD	BANGKOK BANK PCL/HONG KONG-REG-S 4.30000% 22-15.06.27 | 400 000.00 | 386 240.00 | 0.36 |
| USD	BANGKOK BANK PUBLIC CO LTD-REG-S 5.00000% 13-03.10.23 | 700 000.00 | 697 943.75 | 0.65 |
| USD	BANK MANDIRI PERSERO TBK PT-REG-S 4.75000% 20-13.05.25 | 1 200 000.00 | 1 169 100.00 | 1.09 |
| USD	BANK OF CHINA LTD/PARIS 0.95000% 20-21.09.23 | 250 000.00 | 242 265.00 | 0.23 |
| USD	BANK OF CHINA/HONG KONG-REG-S 3.62500% 19-17.04.29 | 200 000.00 | 187 604.00 | 0.18 |
| USD	BANK OF EAST ASIA LTD-REG-S-SUB 4.00000% 20-29.05.30 | 250 000.00 | 222 500.00 | 0.21 |
| USD	BANKOK BANK PCL HONG KONG-REG-S 4.05000% 18-19.03.24 | 200 000.00 | 196 662.50 | 0.18 |
| USD	BDO UNIBANK INC-REG-S 2.95000% 17-06.03.23 | 500 000.00 | 494 781.25 | 0.46 |
| USD	BDO UNIBANK INC-REG-S 2.12500% 20-13.01.26 | 250 000.00 | 225 000.00 | 0.21 |
| USD	BOC AVIATION LTD-REG-S 3.50000% 19-10.10.24 | 300 000.00 | 285 372.00 | 0.27 |
| USD	BOC AVIATION LTD-REG-S 4.00000% 19-25.01.24 | 1 000 000.00 | 976 760.00 | 0.91 |
| USD	BOC AVIATION LTD-REG-S 2.75000% 20-02.12.23 | 800 000.00 | 775 328.00 | 0.73 |
| USD	BOCOM LEASING MGT HONG KONG-REG-S 4.37500% 19-22.01.24 | 1 500 000.00 | 1 478 250.00 | 1.38 |
| USD	BOCOM LEASING MGT HONG KONG-REG-S 1.75000% 20-14.07.23 | 1 000 000.00 | 978 210.00 | 0.91 |
| USD	CDBL FUNDING 1-REG-S 3.50000% 20-24.10.27 | 900 000.00 | 822 195.00 | 0.77 |
| USD	CDBL FUNDING 2-REG-S 2.00000% 21-04.03.26 | 1 200 000.00 | 1 081 632.00 | 1.01 |
| USD	CHINA CINDA 2020 I MANAGEMENT LTD-REG-S 3.12500% 20-18.03.30 | 1 200 000.00 | 968 640.00 | 0.91 |
| USD	CITIC LTD-REG-S 2.85000% 20-25.02.30 | 200 000.00 | 167 304.00 | 0.16 |
| USD	CITIC LTD-REG-S 3.50000% 22-17.02.32 | 1 375 000.00 | 1 166 440.00 | 1.09 |
| USD	CK PROPERTY FINANCE MTN LTD-REG-S 0.75000% 21-30.06.24 | 800 000.00 | 744 896.00 | 0.70 |
| USD	CMB INTERNATIONAL LEASING MGT LTD-REG-S 2.75000% 20-12.08.30 | 1 275 000.00 | 969 637.50 | 0.91 |
| USD	FAR EAST HORIZON LTD-REG-S 3.37500% 20-18.02.25 | 800 000.00 | 657 650.00 | 0.62 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds Sustainable (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 | GC TREASURY CENTER CO LTD-REG-S 4.30000% 21-18.03.51 | 325 000.00 | 228 373.44 | 0.21 |
| USD | GC TREASURY CENTER CO LTD-REG-S 5.20000% 22-30.03.52 | 300 000.00 | 239 962.50 | 0.22 |
| USD | GLP CHINA HOLDINGS LTD-REG-S 2.95000% 21-29.03.26 | 200 000.00 | 126 412.50 | 0.12 |
| USD | HONG KONG GOVERNMEN INT BD-REG-S 0.62500% 21-02.02.26 | 1 000 000.00 | 896 200.05 | 0.84 |
| USD | HUARONG FINANCE-REG-S 4.50000% 19-29.05.29 | 450 000.00 | 357 131.25 | 0.33 |
| USD | ICBCIL FINANCE CO LTD-REG-S 3.62500% 16-19.05.26 | 250 000.00 | 237 859.37 | 0.22 |
| USD | ICBCIL FINANCE CO LTD-REG-S 1.62500% 21-02.11.24 | 1 200 000.00 | 1 113 324.00 | 1.04 |
| USD | INDONESIA, REPUBLIC OF-REG-S 4.75000% 17-18.07.47 | 350 000.00 | 316 815.63 | 0.30 |
| USD | INDUSTRIAL & COMME BK OF CHINA/HK-REG-S 1.20000% 20-20.07.25 | 800 000.00 | 726 296.00 | 0.68 |
| USD | INDUSTRIAL COMMERCIAL BANK CHINA-REG-S 1.20000% 20-09.09.25 | 325 000.00 | 293 611.50 | 0.27 |
| USD | INDUSTRIAL COMMERCIAL BANK CHINA-REG-S 1.00000% 20-09.09.23 | 500 000.00 | 485 240.00 | 0.45 |
| USD | INVENTIVE GLOBAL INVESTMENTS LTD-REG-S 1.65000% 20-03.09.25 | 3 135 000.00 | 2 822 783.47 | 2.64 |
| USD | KASIKORNBANK PCL/HONG KONG-REG-S 3.25600% 18-12.07.23 | 1 385 000.00 | 1 368 812.81 | 1.28 |
| USD | NAN FUNG TREASURY LTD-REG-S 3.62500% 20-27.08.30 | 530 000.00 | 397 295.91 | 0.37 |
| USD | PERTAMINA PERSERO PT-REG-S 4.70000% 19-30.07.49 | 1 000 000.00 | 826 437.50 | 0.77 |
| USD | PERTAMINA PT-REG-S 6.45000% 14-30.05.44 | 450 000.00 | 457 396.88 | 0.43 |
| USD | PTT TREASURY CENTER CO LTD-REG-S 4.50000% 19-25.10.42 | 353 000.00 | 285 224.00 | 0.27 |
| USD | REC LTD-REG-S 2.25000% 21-01.09.26 | 850 000.00 | 746 565.62 | 0.70 |
| USD | RHB BANK BHD-REG-S 3.76600% 19-19.02.24 | 930 000.00 | 911 574.38 | 0.85 |
| USD | SHINHAN FIN GROUP CO LTD-REG-S 1.35000% 20-10.01.26 | 1 025 000.00 | 907 934.75 | 0.85 |
| USD | SIAM COMMERCIAL BK CAYMAN ISLAND-REG-S 2.75000% 17-16.05.23 | 1 164 000.00 | 1 151 487.00 | 1.08 |
| USD | SIAM COMMERCIAL BK CAYMAN ISLAND-REG-S 3.90000% 19-11.02.24 | 2 000 000.00 | 1 968 500.00 | 1.84 |
| USD | SINGAPORE AIRLINES LTD-REG-S 3.00000% 21-20.07.26 | 650 000.00 | 600 978.24 | 0.56 |
| USD | SINGAPORE EXCHANGE LTD-REG-S 1.23400% 21-03.09.26 | 600 000.00 | 523 379.14 | 0.49 |
| USD | SINGTEL GROUP TREASURY PTE LTD-REG-S 3.25000% 15-30.06.25 | 200 000.00 | 191 150.38 | 0.18 |
| USD | SINGTEL GROUP TREASURY PTE LTD-REG-S 3.87500% 18-28.08.28 | 350 000.00 | 333 008.41 | 0.31 |
| USD | SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 200 000.00 | 191 229.54 | 0.18 |
| USD | STATE GRID OVERSEAS INVESTMENT-REG-S 3.50000% 17-04.05.27 | 200 000.00 | 190 820.00 | 0.18 |
| USD | STATE GRID OVERSEAS INVESTMENT-REG-S 4.25000% 18-02.05.28 | 2 800 000.00 | 2 727 900.00 | 2.55 |
| USD | SUMITOMO CORP-REG-S 1.55000% 21-06.07.26 | 1 400 000.00 | 1 230 199.01 | 1.15 |
| USD | SUN HUNG KAI PROP CAP MRKT LTD-REG-S 2.87500% 20-21.01.30 | 400 000.00 | 340 161.92 | 0.32 |
| USD | SUN HUNG KAI PROPERTIES CAPITAL-REG-S 3.62500% 12-16.01.23 | 1 500 000.00 | 1 497 330.00 | 1.40 |
| USD | SWIRE PACIFIC MTN FINANCING LTD-REG-S 4.50000% 13-09.10.23 | 1 000 000.00 | 993 315.00 | 0.93 |
| USD | SWIRE PROPERTIES MTN FINANCING-REG-S 3.62500% 16-13.01.26 | 1 000 000.00 | 967 552.99 | 0.90 |
| USD | TEMASEK FINANCIAL I LTD-REG-S 2.50000% 20-06.10.70 | 250 000.00 | 151 493.60 | 0.14 |
| USD | TENCENT HOLDINGS LTD-REG-S 3.97500% 19-11.04.29 | 2 200 000.00 | 2 002 412.49 | 1.87 |
| USD | TENCENT HOLDINGS LTD-REG-S 3.24000% 20-03.06.50 | 400 000.00 | 246 075.00 | 0.23 |
| USD | THAIOIL TREASURY CENTER CO LTD-REG-S 3.50000% 19-17.10.49 | 1 650 000.00 | 989 278.13 | 0.93 |
| USD | VANKE REAL ESTAT HONG KONG CO LTD-REG-S 3.50000% 19-12.11.29 | 550 000.00 | 386 650.00 | 0.36 |
| USD | WHEELOCK MTN BVI LTD-REG-S 2.37500% 21-25.01.26 | 850 000.00 | 776 233.16 | 0.73 |
| Total USD |  |  | 46 098 816.57 | 43.11 |
| Total des Medium-Term Notes, taux fixe |  | 46 098 816.57 | 43.11 |
| Medium-Term Notes, taux variable |  |  |  |
| USD |  |  |  |
| USD	BANK OF EAST ASIA LTD-REG-S-SUB 4.875%/VAR 22-22.04.32 | 450 000.00 | 389 578.28 | 0.36 |
| USD	DAH SING BANK LTD-REG-S-SUB 3.000%/VAR 21-02.11.31 | 500 000.00 | 433 222.04 | 0.41 |
| USD	DBS GROUP HOLDINGS LTD-REG-S-SUB 4.520%/VAR 18-11.12.28 | 200 000.00 | 197 440.61 | 0.19 |
| USD	KEB HANA BANK-REG-S-SUB 3.500%/VAR 21-PRP | 1 000 000.00 | 845 850.00 | 0.79 |
| USD	SHINHAN FIN GROUP CO LTD-REG-S-SUB 3.340%/VAR 19-05.02.30 | 775 000.00 | 709 754.69 | 0.66 |
| USD	UNITED OVERSEAS BANK LTD-REG-S-SUB 3.750%/VAR 19-15.04.29 | 800 000.00 | 776 835.12 | 0.73 |
| Total USD |  | 3 352 680.74 | 3.14 |
| Total des Medium-Term Notes, taux variable |  | 3 352 680.74 | 3.14 |
| Obligations, taux fixe |  |  |  |
| USD |  |  |  |
| USD	BAIDU INC 3.87500% 18-29.09.23 | 1 000 000.00 | 986 160.00 | 0.92 |
| USD	BANK OF CHINA LTD/MACAU-REG-S 3.50000% 17-20.04.27 | 2 000 000.00 | 1 920 420.00 | 1.80 |
| USD	GLOBAL LOGISTIC PROPERTIES LTD-REG-S 3.87500% 15-04.06.25 | 265 000.00 | 164 303.50 | 0.15 |
| USD	HKT CAPITAL NO 5 LTD-REG-S 3.25000% 19-30.09.29 | 350 000.00 | 304 182.37 | 0.28 |
| USD	HUTCHISON WHAMPOA INTERNATIONAL14-REG-S 3.62500% 14-31.10.24 | 1 000 000.00 | 970 187.50 | 0.91 |
| USD	INDUSTRIAL BANK OF KOREA-REG-S 0.62500% 21-17.09.24 | 225 000.00 | 207 605.25 | 0.19 |
| USD	LONGFOR GROUP HOLDINGS LTD-REG-S 3.95000% 19-16.09.29 | 200 000.00 | 135 787.50 | 0.13 |
| USD	LONGFOR PROPERTIES-REG-S 3.85000% 20-13.01.32 | 350 000.00 | 224 284.37 | 0.21 |
| USD	MALAYSIA WAKALA SUKUK BHD-REG-S 3.07500% 21-28.04.51 | 250 000.00 | 187 859.38 | 0.18 |
| USD	PERUSAHAAN PENERBIT SBSN-REG-S 3.80000% 20-23.06.50 | 650 000.00 | 506 467.00 | 0.47 |
| USD	PHILIPPINES, REPUBLIC OF THE 3.95000% 15-20.01.40 | 900 000.00 | 756 099.00 | 0.71 |
| USD	PHILIPPINES, REPUBLIC OF THE 3.70000% 16-01.03.41 | 1 750 000.00 | 1 413 317.50 | 1.32 |
| USD	STATE GRID OVERSEAS INV 2013 LTD-REG-S 3.12500% 13-22.05.23 | 1 000 000.00 | 991 440.00 | 0.93 |
| USD	XIAOMI BEST TIME INTER LTD-REG-S 4.10000% 21-14.07.51 | 600 000.00 | 305 724.00 | 0.29 |
| Total USD |  | 9 073 837.37 | 8.49 |
| Total des Obligations, taux fixe |  | 9 073 837.37 | 8.49 |
| Obligations, taux variable |  |  |  |
| USD |  |  |  |
| USD	BANK OF COMMUNICATIONS H/K-REG-S 2.304%/VAR 21-08.07.31 | 1 200 000.00 | 1 075 875.96 | 1.01 |
| USD	SHINHAN FINANCIAL GROUP CO LTD-REG-S-SUB 2.875%VAR 21-PRP | 800 000.00 | 668 000.00 | 0.62 |
| Total USD |  | 1 743 875.96 | 1.63 |
| Total des Obligations, taux variable |  | 1 743 875.96 | 1.63 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds Sustainable (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) |  |

Bons du Trésor à moyen terme, taux fixe
| USD |  |
| --- | --- |
| USD | AMERICA, UNITED STATES OF 0.25000% 20-15.06.23 | 4 500 000.00 | 4 395 410.14 | 4.11 |
| USD | AMERICA, UNITED STATES OF 0.12500% 20-31.12.22 | 200 000.00 | 199 367.17 | 0.19 |
| Total USD |  |  | 4 594 777.31 | 4.30 |
| Total des Bons du Trésor à moyen terme, taux fixe |  | 4 594 777.31 | 4.30 |
| Total des Titres et instruments du marché monétaire négociés sur une bourse officielle |  | 101 422 486.22 | 94.85 |
| Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  |  |  |
| Billets, taux fixe |  |  |  |
| USD |  |  |  |
| USD	INDUSTRIAL & COMMERCIAL BANK OF CN/NY 3.53800% 17-08.11.27 | 1 000 000.00 | 953 160.00 | 0.89 |
| Total USD |  | 953 160.00 | 0.89 |
| Total des Billets, taux fixe |  | 953 160.00 | 0.89 |
| Total des Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  | 953 160.00 | 0.89 |
| Total du Portefeuille-titres |  | 102 375 646.22 | 95.74 |

| Instruments dérivés |  |
| --- | --- |
| Instruments dérivés négociés sur une bourse officielle Contrats financiers à terme sur obligations |
|  |  |  |  |
| JPY	JAPAN GOVERNMENT 10Y BOND (OSE) FUTURE 13.12.22 | -4.00 | -3 583.20 | 0.00 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 22.03.23 | 15.00 | 4 687.50 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.23 | 87.00 | 7 523.43 | 0.01 |
| Total des Contrats financiers à terme sur obligations |  | 8 627.73 | 0.01 |
| Total des Instruments dérivés négociés sur une bourse officielle |  | 8 627.73 | 0.01 |
| Total des Instruments dérivés |  | 8 627.73 | 0.01 |
|  |  |  |  |
| Avoirs en banque, dépôts à vue et à terme et autres liquidités |  | 4 282 500.44 | 4.00 |
| Crédit en compte courant et autres engagements à court terme |  | -137 580.12 | -0.13 |
| Autres actifs et passifs |  | 402 179.88 | 0.38 |
| Total de l’Actif net |  | 106 931 374.15 | 100.00 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds Sustainable (USD) Rapport semestriel au 30 novembre 2022