# UBS (Lux) Bond SICAV – Global Corporates (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Net assets in USD |  | 542 022 125.80 | 595 198 859.76 | 747 349 110.31 |
| Class (CHF hedged) I-A1-acc | LU0390863529 |  |  |  |
| Shares outstanding |  | 321 800.1080 | 323 111.6140 | 335 543.1690 |
| Net asset value per share in CHF |  | 114.90 | 121.36 | 136.62 |
| Issue and redemption price per share in CHF 1 |  | 114.90 | 121.36 | 136.62 |
| Class I-A3-acc 2 | LU2203993972 |  |  |  |
| Shares outstanding |  | - | - | 500 000.0000 |
| Net asset value per share in USD |  | - | - | 99.73 |
| Issue and redemption price per share in USD 1 |  | - | - | 99.73 |
| Class I-B-acc | LU0390870730 |  |  |  |
| Shares outstanding |  | 35 041.4420 | 35 041.4420 | 35 041.4420 |
| Net asset value per share in USD |  | 163.84 | 169.94 | 188.26 |
| Issue and redemption price per share in USD 1 |  | 163.84 | 169.94 | 188.26 |
| Class (CHF hedged) I-B-acc | LU0390864253 |  |  |  |
| Shares outstanding |  | 105 030.3790 | 105 880.4800 | 140 926.3150 |
| Net asset value per share in CHF |  | 127.62 | 134.51 | 150.77 |
| Issue and redemption price per share in CHF 1 |  | 127.62 | 134.51 | 150.77 |
| Class I-X-acc | LU0390870904 |  |  |  |
| Shares outstanding |  | 1 849 473.2090 | 1 881 346.4980 | 1 877 758.8810 |
| Net asset value per share in USD |  | 165.10 | 171.19 | 189.53 |
| Issue and redemption price per share in USD 1 |  | 165.10 | 171.19 | 189.53 |
| Class (CHF hedged) I-X-acc | LU0390864410 |  |  |  |
| Shares outstanding |  | 676 011.4660 | 728 301.8760 | 736 744.8280 |
| Net asset value per share in CHF |  | 133.19 | 140.34 | 157.20 |
| Issue and redemption price per share in CHF 1 |  | 133.19 | 140.34 | 157.20 |
| Class (EUR hedged) I-X-acc | LU0390868080 |  |  |  |
| Shares outstanding |  | 445 335.4770 | 547 086.3210 | 428 959.8460 |
| Net asset value per share in EUR |  | 112.60 | 118.31 | 132.05 |
| Issue and redemption price per share in EUR 1 |  | 112.60 | 118.31 | 132.05 |
| Class I-X-UKdist | LU1336832081 |  |  |  |
| Shares outstanding |  | 62 214.8540 | 62 214.8540 | 425 007.7300 |
| Net asset value per share in USD |  | 95.85 | 102.56 | 117.64 |
| Issue and redemption price per share in USD 1 |  | 95.85 | 102.56 | 117.64 |
| Class P-acc | LU0390868593 |  |  |  |
| Shares outstanding |  | 829.8550 | 829.8550 | 100.0000 |
| Net asset value per share in USD |  | 86.89 | 90.47 | 101.11 |
| Issue and redemption price per share in USD 1 |  | 86.89 | 90.47 | 101.11 |
| Class (EUR hedged) P-acc | LU0390864923 |  |  |  |
| Shares outstanding |  | 100.0000 | 100.0000 | 100.0000 |
| Net asset value per share in EUR |  | 84.83 | 89.52 | 100.90 |
| Issue and redemption price per share in EUR 1 |  | 84.83 | 89.52 | 100.90 |
| Class (EUR hedged) Q-acc | LU0390866548 |  |  |  |
| Shares outstanding |  | 100.0000 | 100.0000 | 100.0000 |
| Net asset value per share in EUR |  | 85.35 | 89.93 | 101.00 |
| Issue and redemption price per share in EUR 1 |  | 85.35 | 89.93 | 101.00 |
| Class (CHF hedged) U-X-acc 3 | LU0390864766 |  |  |  |
| Shares outstanding |  | - | - | 412.3000 |
| Net asset value per share in CHF |  | - | - | 14 489.91 |
| Issue and redemption price per share in CHF 1 |  | - | - | 14 489.91 |
| Class U-X-dist | LU0390871035 |  |  |  |
| Shares outstanding | 2 434.8160 | 2 550.8160 | 440.8160 |
| Net asset value per share in USD | 10 620.70 | 11 353.23 | 12 924.46 |
| Issue and redemption price per share in USD 1 | 10 620.70 | 11 353.23 | 12 924.46 |
| 1  See note 1 2  For the period from 13.8.2020 to 30.8.2021 the share class I-A3-acc was in circulation. 3  The share class (CHF hedged) U-X-acc was in circulation until 18.10.2021 |  |  |  |

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

### Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
United States	42.34
United Kingdom	10.73
Australia	6.55
France	6.26
The Netherlands	5.38
Spain	2.54
Ireland	2.26
Canada	1.28
Germany	1.27
Luxembourg	1.16
Norway	0.86
Belgium	0.84
India	0.83
Italy	0.77
Sweden	0.76
Japan	0.76
Bermuda	0.74
Hong Kong	0.71
Austria	0.69
New Zealand	0.66
Cayman Islands	0.66
British Virgin Islands	0.62
Mexico	0.60
South Korea	0.59
Finland	0.51
Singapore	0.48
Switzerland	0.44
China	0.39
Denmark	0.34
Jersey	0.33
Poland	0.22
Thailand	0.21
Chile	0.20
Romania	0.18
Saudi Arabia	0.17
Indonesia	0.16
Czech Republic	0.15
Economic Breakdown as a % of net assets	
Finance & holding companies	21.57
Banks & credit institutions	21.01
Energy & water supply	6.21
Insurance	5.20
Telecommunications	4.29
Traffic & transportation	3.81
Internet, software & IT services	3.13
Petroleum	3.02
Real Estate	2.97
Pharmaceuticals, cosmetics & medical products	2.28
Tobacco & alcohol	2.02
Chemicals	1.94
Graphic design, publishing & media	1.67
Computer hardware & network equipment providers	1.59
Miscellaneous services	1.39
Retail trade, department stores	1.25
Building industry & materials	1.04
Healthcare & social services	0.96
Electronics & semiconductors	0.85
Mining, coal & steel	0.84
Mechanical engineering & industrial equipment	0.83
Electrical devices & components	0.80
Miscellaneous unclassified companies	0.72
Vehicles	0.71
Aerospace industry	0.64
Insurance	0.61
Textiles, garments & leather goods	0.50
Miscellaneous consumer goods	0.33
Biotechnology	0.31
Mortgage & funding institutions	0.30
Food & soft drinks	0.24
Miscellaneous trading companies	0.20
Investment funds	0.18
Packaging industry	0.12
Lodging, catering & leisure	0.11
Total	93.64
Total	93.64
UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2022

### Statement of Net Assets
Assets	30.11.2022
USD
Investments in securities, cost	591 670 179.71
| Investments in securities, unrealized appreciation (depreciation) | 	-84 123 332.44	 |
| --- | --- |
| Total investments in securities (Note 1) | 507 546 847.27 |
| Cash at banks, deposits on demand and deposit accounts | 24 517 019.88 |
| Other liquid assets (Margins) | 3 690 105.71 |
| Receivable on securities sales (Note 1) | 1 469 289.47 |
| Receivable on subscriptions | 51 734.98 |
| Interest receivable on securities | 5 179 219.63 |
| Interest receivable on liquid assets | 5 087.36 |
| Prepaid expenses | 207.19 |
| Unrealized gain on financial futures (Note 1) | 85 188.37 |
| Unrealized gain on forward foreign exchange contracts (Note 1) | 381 186.09 |
| Total Assets | 542 925 885.95 |
|  |  |
| Liabilities |  |
| Payable on securities purchases (Note 1) | -800 964.91 |
| Payable on redemptions | -36 686.80 |
| Provisions for flat fee (Note 2) | -16 361.68 |
| Provisions for taxe d’abonnement (Note 3) | -9 017.92 |
| Provisions for other commissions and fees (Note 2) | 	-40 728.84	 |
| Total provisions | -66 108.44 |
| Total Liabilities | -903 760.15 |
|  |  |
| Net assets at the end of the period | 542 022 125.80 |
| Statement of Operations | USD |
| Income | 1.6.2022-30.11.2022 |
| Interest on liquid assets | 185 987.58 |
| Interest on securities | 8 718 407.03 |
| Net income on securities lending (Note 11) | 64 321.89 |
| Other income (Note 4) | 118 379.62 |
| Total income | 9 087 096.12 |
|  |  |
| Expenses |  |
| Flat fee (Note 2) | -100 021.33 |
| Taxe d’abonnement (Note 3) | -26 204.81 |
| Other commissions and fees (Note 2) | -36 304.15 |
| Interest on cash and bank overdraft | -25 216.92 |
| Total expenses | -187 747.21 |
|  |  |
| Net income (loss) on investments | 8 899 348.91 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | -10 983 498.50 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 389.80 |
| Realized gain (loss) on financial futures | -6 859 538.41 |
| Realized gain (loss) on forward foreign exchange contracts | 5 604 009.89 |
| Realized gain (loss) on foreign exchange | 1 852 144.55 |
| Total realized gain (loss) | -10 386 492.67 |
|  |  |
| Net realized gain (loss) of the period | -1 487 143.76 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | -25 205 421.82 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | -4 191.53 |
| Unrealized appreciation (depreciation) on financial futures | 655 266.39 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -424 746.51 |
| Total changes in unrealized appreciation (depreciation) | -24 979 093.47 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | -26 466 237.23 |

UBS (Lux) Bond SICAV – Global 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 | 595 198 859.76 |
| Subscriptions | 18 068 905.14 |
| Redemptions | 	-43 747 466.52	 |
| Total net subscriptions (redemptions) | -25 678 561.38 |
| Dividend paid | -1 031 935.35 |
| Net income (loss) on investments | 8 899 348.91 |
| Total realized gain (loss) | -10 386 492.67 |
| Total changes in unrealized appreciation (depreciation) | 	-24 979 093.47	 |
| Net increase (decrease) in net assets as a result of operations | -26 466 237.23 |
| Net assets at the end of the period | 542 022 125.80 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2022-30.11.2022 |
| Class | (CHF hedged) I-A1-acc |
| Number of shares outstanding at the beginning of the period | 323 111.6140 |
| Number of shares issued | 20 530.6450 |
| Number of shares redeemed | -21 842.1510 |
| Number of shares outstanding at the end of the period | 321 800.1080 |
| Class | I-B-acc |
| Number of shares outstanding at the beginning of the period | 35 041.4420 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 35 041.4420 |
| Class | (CHF hedged) I-B-acc |
| Number of shares outstanding at the beginning of the period | 105 880.4800 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -850.1010 |
| Number of shares outstanding at the end of the period | 105 030.3790 |
| Class | I-X-acc |
| Number of shares outstanding at the beginning of the period | 1 881 346.4980 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -31 873.2890 |
| Number of shares outstanding at the end of the period | 1 849 473.2090 |
| Class | (CHF hedged) I-X-acc |
| Number of shares outstanding at the beginning of the period | 728 301.8760 |
| Number of shares issued | 3 721.4890 |
| Number of shares redeemed | -56 011.8990 |
| Number of shares outstanding at the end of the period | 676 011.4660 |
| Class | (EUR hedged) I-X-acc |
| Number of shares outstanding at the beginning of the period | 547 086.3210 |
| Number of shares issued | 121 850.6830 |
| Number of shares redeemed | -223 601.5270 |
| Number of shares outstanding at the end of the period | 445 335.4770 |
| Class | I-X-UKdist |
| Number of shares outstanding at the beginning of the period | 62 214.8540 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 62 214.8540 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 829.8550 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 829.8550 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 100.0000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 100.0000 |
| Class | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 100.0000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 100.0000 |
| Class | U-X-dist |
| Number of shares outstanding at the beginning of the period | 2 550.8160 |
| Number of shares issued | 19.0000 |
| Number of shares redeemed | -135.0000 |
| Number of shares outstanding at the end of the period | 2 434.8160 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2022
| Annual Distribution 1 |  |
| --- | --- |
| UBS (Lux) Bond SICAV – Global Corporates (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| I-X-UKdist | 15.6.2022 | 21.6.2022 | USD | 3.06 |
| U-X-dist | 1.8.2022 | 4.8.2022 | USD | 343.94 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Bond SICAV – Global 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 |  |  |  |
| CAD |  |  |  |
| CAD	APPLE INC 2.51300% 17-19.08.24 | 3 400 000.00 | 2 423 397.22 | 0.45 |
| CAD	MCDONALD’S CORP 3.12500% 17-04.03.25 | 850 000.00 | 605 434.87 | 0.11 |
| CAD	WALT DISNEY CO/THE 2.75800% 17-07.10.24 | 1 230 000.00 | 874 320.69 | 0.16 |
| Total CAD |  | 3 903 152.78 | 0.72 |
| EUR |  |  |  |
| EUR	BACARDI LTD-REG-S 2.75000% 13-03.07.23 | 1 050 000.00 | 1 076 883.65 | 0.20 |
| EUR	BOUYGUES SA 3.25000% 22-30.06.37 | 1 100 000.00 | 1 012 951.96 | 0.18 |
| EUR	BP CAPITAL MARKETS BV-REG-S 0.93300% 20-04.12.40 | 1 115 000.00 | 764 997.34 | 0.14 |
| EUR	CELANESE US HOLDINGS LLC 4.77700% 22-19.07.26 | 650 000.00 | 646 641.81 | 0.12 |
| EUR	FISERV INC 1.62500% 19-01.07.30 | 2 100 000.00 | 1 839 023.69 | 0.34 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.12500% 20-11.02.28 | 1 600 000.00 | 1 450 900.41 | 0.27 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.37500% 20-11.02.31 | 1 200 000.00 | 1 020 354.32 | 0.19 |
| EUR	MACIF-REG-S-SUB 0.62500% 21-21.06.27 | 1 000 000.00 | 854 339.73 | 0.16 |
| EUR	NATIONAL GRID ELECTRICITY TRANS-REG-S 0.19000% 20-20.01.25 | 500 000.00 | 482 794.65 | 0.09 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV 4.50000% 18-01.03.25 | 425 000.00 | 422 093.75 | 0.08 |
| EUR	TRITAX EUROBOX PLC-REG-S 0.95000% 21-02.06.26 | 400 000.00 | 337 450.08 | 0.06 |
| EUR	VONOVIA SE-REG-S 2.37500% 22-25.03.32 | 300 000.00 | 257 730.25 | 0.05 |
| Total EUR |  | 10 166 161.64 | 1.88 |
| GBP |  |  |  |
| GBP	BUPA FINANCE PLC-REG-S 1.75000% 20-14.06.27 | 2 500 000.00 | 2 553 646.87 | 0.47 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 4.12500% 20-14.06.35 | 850 000.00 | 806 833.91 | 0.15 |
| Total GBP |  | 3 360 480.78 | 0.62 |
| USD |  |  |  |
| USD	3M CO 2.65000% 20-15.04.25 | 460 000.00 | 440 737.02 | 0.08 |
| USD	ABBOTT LABORATORIES 4.90000% 16-30.11.46 | 1 390 000.00 | 1 394 929.22 | 0.26 |
| USD	ABBVIE INC 4.25000% 18-14.11.28 | 1 100 000.00 | 1 072 481.79 | 0.20 |
| USD	ABBVIE INC 4.40000% 13-06.11.42 | 815 000.00 | 727 957.17 | 0.13 |
| USD	ABBVIE INC 4.87500% 18-14.11.48 | 760 000.00 | 713 230.06 | 0.13 |
| USD	ADOBE INC 2.15000% 20-01.02.27 | 1 830 000.00 | 1 679 734.89 | 0.31 |
| USD	AERCAP IRE CAP LTD/GLB AVIA TRUST 4.50000% 20-15.09.23 | 700 000.00 | 691 332.98 | 0.13 |
| USD	AERCAP IRELAND CAP/ GLBL AVIATION TRUST 6.50000% 20-15.07.25 | 750 000.00 | 757 695.05 | 0.14 |
| USD	AERCAP IRELAND CAPITAL DAC / AERCAP 1.65000% 21-29.10.24 | 2 750 000.00 | 2 530 455.70 | 0.47 |
| USD	AERCAP IRELAND CAPITAL DAC / AERCAP GLO 3.00000% 21-29.10.28 | 550 000.00 | 464 689.17 | 0.09 |
| USD	AIA GROUP LTD-REG-S 5.62500% 22-25.10.27 | 2 130 000.00 | 2 167 504.61 | 0.40 |
| USD	AIR LEASE CORP 3.37500% 20-01.07.25 | 1 150 000.00 | 1 085 231.43 | 0.20 |
| USD	AIR PRODUCTS & CHEMICALS INC 2.05000% 20-15.05.30 | 650 000.00 | 546 019.75 | 0.10 |
| USD	ALBEMARLE CORPORATION 5.45000% 14-01.12.44 | 910 000.00 | 842 928.42 | 0.16 |
| USD	ALIBABA GROUP HOLDING LTD 2.70000% 21-09.02.41 | 720 000.00 | 463 392.00 | 0.09 |
| USD	ALTRIA GROUP INC 4.25000% 12-09.08.42 | 2 310 000.00 | 1 722 390.86 | 0.32 |
| USD	ALTRIA GROUP INC 4.40000% 19-14.02.26 | 434 000.00 | 426 523.20 | 0.08 |
| USD	ALTRIA GROUP INC 4.80000% 19-14.02.29 | 64 000.00 | 61 431.57 | 0.01 |
| USD	ALTRIA GROUP INC 5.95000% 19-14.02.49 | 900 000.00 | 799 357.60 | 0.15 |
| USD	AMAZON.COM INC 2.80000% 18-22.08.24 | 2 530 000.00 | 2 459 886.19 | 0.45 |
| USD	AMAZON.COM INC 3.10000% 21-12.05.51 | 1 080 000.00 | 787 684.41 | 0.15 |
| USD	AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 3 550 000.00 | 3 540 499.10 | 0.65 |
| USD	ANHEUSER-BUSCH COS 3.65000% 19-01.02.26 | 1 170 000.00 | 1 135 338.78 | 0.21 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.75000% 19-23.01.29 | 1 110 000.00 | 1 109 320.30 | 0.20 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.50000% 20-01.06.50 | 1 440 000.00 | 1 301 926.16 | 0.24 |
| USD	ANTHEM INC 2.95000% 17-01.12.22 | 700 000.00 | 700 000.00 | 0.13 |
| USD	ANTHEM INC 3.65000% 17-01.12.27 | 580 000.00 | 551 565.34 | 0.10 |
| USD	APACHE CORP 4.25000% 12-15.01.44 | 1 500 000.00 | 1 050 808.16 | 0.19 |
| USD	APPLE INC 3.85000% 16-04.08.46 | 1 820 000.00 | 1 578 074.35 | 0.29 |
| USD	APT PIPELINES LTD-REG-S 4.20000% 15-23.03.25 | 1 660 000.00 | 1 596 702.70 | 0.29 |
| USD	APT PIPELINES LTD-REG-S 4.25000% 17-15.07.27 | 860 000.00 | 801 488.60 | 0.15 |
| USD	APTIV PLC 2.39600% 22-18.02.25 | 1 095 000.00 | 1 029 887.10 | 0.19 |
| USD	ARCELORMITTAL SA 6.80000% 22-29.11.32 | 1 200 000.00 | 1 212 755.54 | 0.22 |
| USD	AT&T INC 1.65000% 20-01.02.28 | 525 000.00 | 450 694.23 | 0.08 |
| USD	AT&T INC 3.55000% 21-15.09.55 | 1 589 000.00 | 1 114 538.65 | 0.21 |
| USD	AT&T INC 4.35000% 19-01.03.29 | 2 470 000.00 | 2 370 142.74 | 0.44 |
| USD	AT&T INC 4.75000% 15-15.05.46 | 2 090 000.00 | 1 817 699.69 | 0.34 |
| USD	BANCO SANTANDER SA 5.14700% 22-18.08.25 | 1 800 000.00 | 1 788 592.75 | 0.33 |
| USD	BANK OF NOVA SCOTIA/THE 3.45000% 22-11.04.25 | 590 000.00 | 570 873.43 | 0.11 |
| USD	BAT CAPITAL CORP 3.55700% 18-15.08.27 | 840 000.00 | 766 195.98 | 0.14 |
| USD	BOEING CO/THE 2.19600% 21-04.02.26 | 970 000.00 | 881 744.95 | 0.16 |
| USD	BRISTOL MYERS SQUIBB CO 4.25000% 20-26.10.49 | 1 620 000.00 | 1 439 760.99 | 0.27 |
| USD	BURLINGTON NORTHERN SANTA FE LLC 5.40000% 11-01.06.41 | 910 000.00 | 933 310.28 | 0.17 |
| USD	CANADIAN IMPERIAL BANK OF COMMERCE 3.30000% 22-07.04.25 | 915 000.00 | 881 659.93 | 0.16 |
| USD	CANADIAN PACIFIC RAILWAY 3.10000% 21-02.12.51 | 860 000.00 | 604 631.44 | 0.11 |
| USD	CELANESE US HOLDINGS LLC 6.05000% 22-15.03.25 | 1 250 000.00 | 1 243 721.87 | 0.23 |
| USD	CELANESE US HOLDINGS LLC 6.16500% 22-15.07.27 | 1 010 000.00 | 988 536.58 | 0.18 |
| USD	CELANESE US HOLDINGS LLC 5.90000% 22-05.07.24 | 975 000.00 | 969 038.60 | 0.18 |
| USD	CHEVRON USA INC 3.85000% 21-15.01.28 | 650 000.00 | 631 587.37 | 0.12 |
| USD	CIGNA CORP 2.40000% 20-15.03.30 | 600 000.00 | 509 601.28 | 0.09 |
| USD	CIGNA CORP 4.37500% 19-15.10.28 | 1 210 000.00 | 1 179 295.19 | 0.22 |
| USD	CIGNA CORP 4.90000% 19-15.12.48 | 445 000.00 | 410 817.39 | 0.08 |
| USD	CITIGROUP INC 4.65000% 18-23.07.48 | 2 000 000.00 | 1 801 217.64 | 0.33 |
| USD	CITIGROUP INC-SUB 4.60000% 16-09.03.26 | 580 000.00 | 571 821.63 | 0.11 |
| USD	COCA-COLA FEMSA SA 2.75000% 20-22.01.30 | 566 000.00 | 491 712.50 | 0.09 |
| USD	COMCAST CORP 3.95000% 18-15.10.25 | 1 070 000.00 | 1 051 667.67 | 0.19 |
| USD	COMCAST CORP 4.15000% 18-15.10.28 | 960 000.00 | 931 464.06 | 0.17 |
| USD	CORP NACIONAL DEL COBRE DE CHILE-REG-S 3.62500% 17-01.08.27 | 1 140 000.00 | 1 075 020.00 | 0.20 |
| USD	COSTCO WHOLESALE CORP 1.60000% 20-20.04.30 | 365 000.00 | 301 620.60 | 0.06 |
| USD	CVS HEALTH CORP 2.62500% 19-15.08.24 | 550 000.00 | 531 237.70 | 0.10 |

UBS (Lux) Bond SICAV – Global 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 | CVS HEALTH CORP 5.05000% 18-25.03.48 | 650 000.00 | 603 626.23 | 0.11 |
| USD | CVS HEALTH CORP 5.12500% 15-20.07.45 | 1 390 000.00 | 1 297 842.54 | 0.24 |
| USD | DELL INTERNATIONAL LLC / EMC CORP 8.35000% 21-15.07.46 | 408 000.00 | 476 834.95 | 0.09 |
| USD | DIAGEO CAPITAL PLC 3.87500% 13-29.04.43 | 600 000.00 | 499 863.51 | 0.09 |
| USD | DISCOVERY COMMUNICATIONS LLC 5.30000% 19-15.05.49 | 1 460 000.00 | 1 146 459.45 | 0.21 |
| USD | EATON CORP 4.15000% 13-02.11.42 | 820 000.00 | 714 192.03 | 0.13 |
| USD | ELECTRICITE DE FRANCE-REG-S 6.95000% 09-26.01.39 | 470 000.00 | 483 957.04 | 0.09 |
| USD | ENTERPRISE PRODUCTS OPERATING LLC 4.85000% 13-15.03.44 | 770 000.00 | 687 530.96 | 0.13 |
| USD | EQT CORP 3.90000% 17-01.10.27 | 890 000.00 | 823 883.38 | 0.15 |
| USD | EVERSOURCE ENERGY 1.65000% 20-15.08.30 | 1 520 000.00 | 1 191 074.46 | 0.22 |
| USD | EXELON CORP 3.40000% 16-15.04.26 | 590 000.00 | 564 063.11 | 0.10 |
| USD | FISERV INC 3.20000% 19-01.07.26 | 1 700 000.00 | 1 600 317.16 | 0.30 |
| USD | FLOWSERVE CORP 3.50000% 20-01.10.30 | 1 300 000.00 | 1 088 080.54 | 0.20 |
| USD | FOMENTO ECONOMICO MEXIC SAB DE CV 3.50000% 20-16.01.50 | 1 850 000.00 | 1 313 500.00 | 0.24 |
| USD | GE CAPITAL INTL FUNDING CO 4.41800% 16-15.11.35 | 1 891 000.00 | 1 784 825.32 | 0.33 |
| USD | GENERAL MOTORS CO 5.60000% 22-15.10.32 | 1 830 000.00 | 1 758 836.44 | 0.32 |
| USD | GENERAL MOTORS CO 6.12500% 20-01.10.25 | 1 370 000.00 | 1 387 924.69 | 0.26 |
| USD | GENERAL MOTORS FINANCIAL CO 4.35000% 18-09.04.25 | 1 650 000.00 | 1 614 888.87 | 0.30 |
| USD | GEORGIA POWER CO 2.10000% 20-30.07.23 | 800 000.00 | 783 505.70 | 0.14 |
| USD | GILEAD SCIENCES INC 4.80000% 14-01.04.44 | 1 170 000.00 | 1 099 425.71 | 0.20 |
| USD | GILEAD SCIENCES INC 4.75000% 15-01.03.46 | 650 000.00 | 597 865.06 | 0.11 |
| USD | GOLDMAN SACHS GROUP INC 3.50000% 20-01.04.25 | 3 855 000.00 | 3 730 411.45 | 0.69 |
| USD | HARTFORD FINANCIAL SERVICES GROUP INC 4.40000% 18-15.03.48 | 1 210 000.00 | 1 017 571.75 | 0.19 |
| USD | HOME DEPOT INC 4.95000% 22-15.09.52 | 510 000.00 | 504 695.24 | 0.09 |
| USD | HOME DEPOT INC/THE 4.87500% 13-15.02.44 | 600 000.00 | 582 158.39 | 0.11 |
| USD | HOME DEPOT INC/THE 4.50000% 22-15.09.32 | 400 000.00 | 397 201.58 | 0.07 |
| USD | ILLINOIS TOOL WORKS INC 2.65000% 16-15.11.26 | 1 310 000.00 | 1 223 028.46 | 0.23 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 3.30000% 19-15.05.26 | 1 530 000.00 | 1 460 613.90 | 0.27 |
| USD | JMH CO LTD-REG-S 2.50000% 21-09.04.31 | 2 985 000.00 | 2 412 386.43 | 0.44 |
| USD | JPMORGAN CHASE & CO 3.20000% 13-25.01.23 | 7 550 000.00 | 7 535 350.96 | 1.39 |
| USD | JPMORGAN CHASE & CO-SUB 3.62500% 16-01.12.27 | 1 730 000.00 | 1 624 388.43 | 0.30 |
| USD | KT CORP-REG-S 4.00000% 22-08.08.25 | 655 000.00 | 631 144.90 | 0.12 |
| USD | LLOYDS BANKING GROUP PLC 4.37500% 18-22.03.28 | 1 150 000.00 | 1 080 633.00 | 0.20 |
| USD | LLOYDS BANKING GROUP PLC 4.45000% 18-08.05.25 | 800 000.00 | 782 191.65 | 0.14 |
| USD | LOWE’S COS INC 3.00000% 20-15.10.50 | 760 000.00 | 510 276.01 | 0.09 |
| USD | LSEGA FINANCING PLC-144A 2.50000% 21-06.04.31 | 1 200 000.00 | 1 009 780.60 | 0.19 |
| USD | MASCO CORP 2.00000% 20-01.10.30 | 1 010 000.00 | 792 294.45 | 0.15 |
| USD | MASCO CORP 4.50000% 17-15.05.47 | 700 000.00 | 559 178.55 | 0.10 |
| USD | MASTERCARD INC 2.00000% 19-03.03.25 | 1 340 000.00 | 1 272 934.67 | 0.23 |
| USD | MEITUAN DIANPING-REG-S 3.05000% 20-28.10.30 | 1 950 000.00 | 1 437 881.25 | 0.27 |
| USD | MERCK & CO INC 3.70000% 15-10.02.45 | 315 000.00 | 263 822.78 | 0.05 |
| USD | MEXICHEM SAB DE CV-REG-S 5.50000% 17-15.01.48 | 950 000.00 | 760 000.00 | 0.14 |
| USD | MICROSOFT CORP 2.92100% 21-17.03.52 | 2 010 000.00 | 1 491 129.12 | 0.27 |
| USD | MORGAN STANLEY 6.37500% 12-24.07.42 | 600 000.00 | 664 483.18 | 0.12 |
| USD | MPLX LP 4.95000% 22-01.09.32 | 540 000.00 | 511 126.84 | 0.09 |
| USD | MPLX LP 5.20000% 17-01.03.47 | 900 000.00 | 778 595.12 | 0.14 |
| USD | NATWEST GROUP PLC 4.80000% 16-05.04.26 | 1 100 000.00 | 1 072 071.52 | 0.20 |
| USD | NATWEST GROUP PLC-SUB 6.12500% 12-15.12.22 | 2 020 000.00 | 2 019 755.88 | 0.37 |
| USD | NIKE INC 2.40000% 20-27.03.25 | 270 000.00 | 258 546.88 | 0.05 |
| USD | NTT FINANCE CORP-REG-S 2.06500% 21-03.04.31 | 855 000.00 | 688 446.00 | 0.13 |
| USD | ORACLE CORP 2.50000% 20-01.04.25 | 460 000.00 | 435 098.48 | 0.08 |
| USD | ORACLE CORP 6.15000% 22-09.11.29 | 2 000 000.00 | 2 088 000.44 | 0.39 |
| USD | ORACLE CORP 6.90000% 22-09.11.52 | 1 485 000.00 | 1 644 747.68 | 0.30 |
| USD | PHILIP MORRIS INTERNATIONAL INC 4.25000% 14-10.11.44 | 620 000.00 | 489 802.93 | 0.09 |
| USD | PHILIP MORRIS INTERNATIONAL INC 5.62500% 22-17.11.29 | 760 000.00 | 772 884.84 | 0.14 |
| USD | PLAINS ALL AMERICAN PIPELINE LP 3.80000% 20-15.09.30 | 970 000.00 | 849 697.09 | 0.16 |
| USD | POSCO-REG-S 4.50000% 22-04.08.27 | 700 000.00 | 655 879.00 | 0.12 |
| USD | PUBLIC STORAGE 1.95000% 21-09.11.28 | 1 150 000.00 | 989 460.20 | 0.18 |
| USD | QUALCOMM INC 4.30000% 17-20.05.47 | 650 000.00 | 570 304.39 | 0.11 |
| USD | QUANTA SERVICES INC 2.90000% 20-01.10.30 | 1 210 000.00 | 1 005 778.05 | 0.19 |
| USD | QUANTA SERVICES INC 3.05000% 21-01.10.41 | 1 940 000.00 | 1 304 564.58 | 0.24 |
| USD | RAYTHEON TECHNOLOGIES CORP 2.37500% 21-15.03.32 | 745 000.00 | 611 338.20 | 0.11 |
| USD | RELIANCE INDUSTRIES LTD-REG-S 2.87500% 22-12.01.32 | 745 000.00 | 611 808.90 | 0.11 |
| USD | RELIANCE INDUSTRIES LTD-REG-S 3.62500% 22-12.01.52 | 1 820 000.00 | 1 229 978.75 | 0.23 |
| USD | REYNOLDS AMERICAN INC 5.70000% 15-15.08.35 | 910 000.00 | 840 099.32 | 0.15 |
| USD | ROCHE HOLDINGS INC-REG-S 2.62500% 16-15.05.26 | 1 000 000.00 | 940 278.48 | 0.17 |
| USD | SALESFORCE.COM INC 0.62500% 21-15.07.24 | 1 160 000.00 | 1 088 137.87 | 0.20 |
| USD | SALESFORCE.COM INC 1.50000% 21-15.07.28 | 650 000.00 | 560 460.06 | 0.10 |
| USD | SANTOS FINANCE LTD-REG-S 3.64900% 21-29.04.31 | 800 000.00 | 639 284.64 | 0.12 |
| USD | SAUDI ARABIAN OIL CO-REG-S 1.62500% 20-24.11.25 | 215 000.00 | 196 187.50 | 0.04 |
| USD | SEMPRA ENERGY 6.00000% 09-15.10.39 | 920 000.00 | 928 938.73 | 0.17 |
| USD | SGSP AUSTRALIA ASSETS PTY LTD-REG-S 3.25000% 16-29.07.26 | 1 450 000.00 | 1 331 508.07 | 0.25 |
| USD | SHERWIN-WILLIAMS CO/THE 4.05000% 22-08.08.24 | 315 000.00 | 310 051.51 | 0.06 |
| USD | SOUTHERN CO 3.25000% 16-01.07.26 | 1 120 000.00 | 1 063 689.43 | 0.20 |
| USD | SOUTHERN CO 4.40000% 16-01.07.46 | 705 000.00 | 592 455.96 | 0.11 |
| USD | SOUTHWEST AIRLINES CO 5.12500% 20-15.06.27 | 750 000.00 | 754 581.24 | 0.14 |
| USD | TELEFONICA EMISIONES SA 5.52000% 19-01.03.49 | 3 200 000.00 | 2 736 711.59 | 0.50 |
| USD | TEXAS INSTRUMENTS INC 1.37500% 20-12.03.25 | 900 000.00 | 840 616.94 | 0.16 |
| USD | THERMO FISHER SCIENTIFIC INC 2.80000% 21-15.10.41 | 1 320 000.00 | 993 420.11 | 0.18 |
| USD | THERMO FISHER SCIENTIFIC INC 1.21500% 21-18.10.24 | 1 380 000.00 | 1 291 247.26 | 0.24 |
| USD | UNION PACIFIC CORP 4.05000% 15-15.11.45 | 395 000.00 | 332 774.59 | 0.06 |
| USD | UNITED TECHNOLOGIES CORP 3.95000% 18-16.08.25 | 680 000.00 | 668 714.59 | 0.12 |
| USD | VERISIGN INC 5.25000% 15-01.04.25 | 1 095 000.00 | 1 099 922.86 | 0.20 |
| USD | VERIZON COMMUNICATIONS INC 3.37600% 18-15.02.25 | 600 000.00 | 585 655.51 | 0.11 |
| USD | VERIZON COMMUNICATIONS INC 1.45000% 21-20.03.26 | 970 000.00 | 877 399.04 | 0.16 |
| USD | VERIZON COMMUNICATIONS INC 2.55000% 21-21.03.31 | 1 730 000.00 | 1 442 284.61 | 0.27 |
| USD | VIACOMCBS INC 4.75000% 20-15.05.25 | 1 162 000.00 | 1 151 224.16 | 0.21 |
| USD | VICI PROPERTIES LP 5.62500% 22-15.05.52 | 720 000.00 | 650 008.80 | 0.12 |
| USD | VIRGINIA ELECTRIC & POWER CO 4.00000% 16-15.11.46 | 770 000.00 | 615 547.40 | 0.11 |
| USD | VIRGINIA ELECTRIC & POWER CO 3.80000% 18-01.04.28 | 500 000.00 | 477 219.83 | 0.09 |
| USD | VISA INC 1.90000% 20-15.04.27 | 820 000.00 | 745 222.29 | 0.14 |
| USD | VMWARE INC 1.80000% 21-15.08.28 | 600 000.00 | 495 309.36 | 0.09 |
| USD | VODAFONE GROUP PLC 4.37500% 13-19.02.43 | 450 000.00 | 370 013.79 | 0.07 |
| USD | WALT DISNEY CO 6.20000% 19-15.12.34 | 2 290 000.00 | 2 502 810.84 | 0.46 |

UBS (Lux) Bond SICAV – Global 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 | WESTPAC BANKING CORP-SUB 4.42100% 19-24.07.39 | 1 250 000.00 | 1 012 876.39 | 0.19 |
| USD | WESTPAC BANKING CORP 2.00000% 20-13.01.23 | 700 000.00 | 698 052.85 | 0.13 |
| USD | WILLIAMS COS INC/THE 4.30000% 14-04.03.24 | 1 560 000.00 | 1 541 622.65 | 0.28 |
| USD | WPP FINANCE 2010 3.75000% 14-19.09.24 | 760 000.00 | 734 335.68 | 0.14 |
| USD | XLIT LTD 5.25000% 13-15.12.43 | 1 003 000.00 | 993 631.98 | 0.18 |
| USD | ZOETIS INC 5.40000% 22-14.11.25 | 1 040 000.00 | 1 055 711.05 | 0.19 |
| Total USD |  |  | 168 760 111.01 | 31.13 |
| Total Notes, fixed rate |  | 186 189 906.21 | 34.35 |
| Notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	ASR NEDERLAND NV-REG-S-SUB 7.000%/VAR 22-07.12.43 | 625 000.00 | 670 711.44 | 0.13 |
| EUR	BARCLAYS PLC-REG-S 0.577%VAR 21-09.08.29 | 1 450 000.00 | 1 188 678.82 | 0.22 |
| EUR	BPCE SA-REG-S-SUB 1.500%/VAR 21-13.01.42 | 1 600 000.00 | 1 407 902.22 | 0.26 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.125%/VAR 22-13.10.26 | 1 245 000.00 | 1 093 057.51 | 0.20 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.875%/VAR 22-02.04.32 | 815 000.00 | 596 526.98 | 0.11 |
| EUR	ENI SPA-REG-S-SUB 3.375%/VAR 20-PRP | 950 000.00 | 816 769.87 | 0.15 |
| EUR	ORSTED AS-REG-S-SUB 5.250%/VAR 22-08.12.22 | 260 000.00 | 267 709.00 | 0.05 |
| EUR	TELEFONICA EUROPE BV-REG-S-SUB 7.125%/VAR 22-PRP | 300 000.00 | 319 465.39 | 0.06 |
| EUR	VIRGIN MONEY UK PLC-REG-S 2.875%/VAR 20-24.06.25 | 1 100 000.00 | 1 083 237.52 | 0.20 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN-REG-S-SUB 4.375%/VAR 22-PRP | 700 000.00 | 601 743.94 | 0.11 |
| Total EUR |  | 8 045 802.69 | 1.49 |
| USD |  |  |  |
| USD	ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 800 000.00 | 679 000.00 | 0.13 |
| USD	BANK OF AMERICA CORP 5.015%/VAR 22-22.07.33 | 1 130 000.00 | 1 090 923.05 | 0.20 |
| USD	BK OF AMERICA CORP 3.004%/VAR 18-20.12.23 | 3 000 000.00 | 2 996 486.16 | 0.55 |
| USD	CITIGROUP INC 2.520%/VAR 21-03.11.32 | 1 940 000.00 | 1 524 417.97 | 0.28 |
| USD	DEUTSCHE BANK AG/NEW YORK NY 2.222%/VAR 20-18.09.24 | 840 000.00 | 805 897.57 | 0.15 |
| USD	ELECTRICITE DE FRANCE SA-REG-S-SUB 5.625%/VAR 14-PRP | 590 000.00 | 555 046.95 | 0.10 |
| USD	FIFTH THIRD BANCORP 6.361%/VAR 22-27.10.28 | 550 000.00 | 569 549.71 | 0.11 |
| USD	GOLDMAN SACHS GROUP INC 3.615%/VAR 22-15.03.28 | 2 090 000.00 | 1 943 768.81 | 0.36 |
| USD	JPMORGAN CHASE & CO 2.739%/VAR 19-15.10.30 | 2 610 000.00 | 2 216 731.64 | 0.41 |
| USD	JPMORGAN CHASE & CO-SUB 2.956%/VAR 20-13.05.31 | 1 730 000.00 | 1 442 625.72 | 0.27 |
| USD	LLOYDS BANKING GROUP PLC 3.574%/3M LIBOR+120.5BP 17-07.11.28 | 1 400 000.00 | 1 249 441.46 | 0.23 |
| USD	MITSUBISHI UFJ FINANCIAL GROUP INC 0.953%/ VAR 21-19.07.25 | 3 700 000.00 | 3 421 971.64 | 0.63 |
| USD	MORGAN STANLEY 0.731%/VAR 21-05.04.24 | 1 850 000.00 | 1 813 283.44 | 0.33 |
| USD	NATWEST GROUP PLC 4.519%/VAR 18-25.06.24 | 1 500 000.00 | 1 484 323.26 | 0.27 |
| USD	PRUDENTIAL PLC-SUB-REG-S 2.950%/VAR 21-03.11.33 | 2 335 000.00 | 1 847 209.16 | 0.34 |
| USD	STANDARD CHARTERED PLC-REG-S 3.885%/VAR 18-15.03.24 | 4 500 000.00 | 4 467 211.78 | 0.82 |
| USD	WESTPAC BANKING CORP-SUB 4.110%/VAR 19-24.07.34 | 1 900 000.00 | 1 611 209.31 | 0.30 |
| Total USD |  | 29 719 097.63 | 5.48 |
| Total Notes, floating rate |  | 37 764 900.32 | 6.97 |
| Medium term notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AIR NEW ZEALAND LTD 6.50000% 22-25.05.29 | 1 140 000.00 | 758 548.97 | 0.14 |
| AUD	AURIZON NETWORK PTY LTD-REG-S 4.00000% 17-21.06.24 | 640 000.00 | 422 958.95 | 0.08 |
| AUD	AUSGRID FINANCE PTY LTD-REG-S 3.75000% 17-30.10.24 | 1 100 000.00 | 723 748.81 | 0.13 |
| AUD	AUSGRID FINANCE PTY LTD 1.81400% 20-05.02.27 | 3 800 000.00 | 2 203 263.44 | 0.41 |
| AUD	BANCO SANTANDER SA 4.00000% 17-19.01.23 | 2 000 000.00 | 1 338 579.68 | 0.25 |
| AUD	LEND LEASE FINANCE LTD-REG-S 3.7000% 21-31.03.31 | 1 600 000.00 | 846 757.97 | 0.16 |
| AUD	LENDLEASE FINANCE LTD-REG-S 3.40000% 20-27.10.27 | 2 500 000.00 | 1 482 146.55 | 0.27 |
| AUD	OPTUS FINANCE PTY LTD-REG-S 2.50000% 20-01.07.30 | 1 650 000.00 | 899 805.57 | 0.16 |
| AUD	QANTAS AIRWAYS LTD 3.15000% 21-27.09.28 | 920 000.00 | 523 612.98 | 0.10 |
| AUD	TRANSURBAN QUEENSLAND FINANCE PTY LTD 3.25000% 21-05.08.31 | 2 750 000.00 | 1 477 152.26 | 0.27 |
| Total AUD |  | 10 676 575.18 | 1.97 |
| EUR |  |  |  |
| EUR	AEROPORTI DI ROMA SPA-REG-S 1.75000% 21-30.07.31 | 590 000.00 | 466 196.59 | 0.09 |
| EUR	AIR LIQUIDE FINANCE SA-REG-S 2.87500% 22-16.09.32 | 700 000.00 | 710 624.07 | 0.13 |
| EUR	AKELIUS RESIDENTIAL PROPERTY AB-REG-S 1.75000% 17-07.02.25 | 1 200 000.00 | 1 151 052.25 | 0.21 |
| EUR	AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 1 300 000.00 | 1 099 049.85 | 0.20 |
| EUR	ASB FINANCE LTD-REG-S 0.25000% 21-08.09.28 | 1 570 000.00 | 1 309 024.40 | 0.24 |
| EUR	ASTRAZENECA PLC-REG-S 0.37500% 21-03.06.29 | 1 740 000.00 | 1 522 003.13 | 0.28 |
| EUR	AUSTRALIA PACIFIC AIR MELBOUNRE-REG-S 1.75000% 14-15.10.24 | 900 000.00 | 891 697.08 | 0.16 |
| EUR	AUTOROUTES DU SUD DE LA FRANCE SA-REG-S 2.75000% 22-02.09.32 | 1 800 000.00 | 1 791 478.56 | 0.33 |
| EUR	BANQUE FEDER DU CREDIT MUTUEL-REG-S-SUB 3.00000% 15-11.09.25 | 600 000.00 | 613 008.31 | 0.11 |
| EUR	BANQUE FEDERATIVE DU CREDIT MUT-REG-S 1.37500% 20-02.04.30 | 1 100 000.00 | 934 107.76 | 0.17 |
| EUR	CANADIAN IMPERIAL BANK OF COMME-REG-S 0.37500% 22-10.03.26 | 1 135 000.00 | 1 075 850.04 | 0.20 |
| EUR	CANAL DE ISABEL II GESTION SA-REG-S 1.68000% 15-26.02.25 | 600 000.00 | 591 572.22 | 0.11 |
| EUR	CEZ AS-REG-S 2.37500% 22-06.04.27 | 855 000.00 | 807 140.78 | 0.15 |
| EUR	CHORUS LTD 3.62500% 22-07.09.29 | 565 000.00 | 580 237.78 | 0.11 |
| EUR	CNH INDUSTRIAL FINANCE EUROPE SA-REG-S 1.87500% 18-19.01.26 | 1 400 000.00 | 1 366 263.18 | 0.25 |
| EUR	CPI PROPERTY GROUP SA-REG-S 2.75000% 20-12.05.26 | 1 300 000.00 | 1 075 413.83 | 0.20 |
| EUR	CREDIT AGRICOLE SA LONDON 1.25000% 16-14.04.26 | 1 700 000.00 | 1 636 450.13 | 0.30 |
| EUR	CTP NV-REG-S 0.87500% 22-20.01.26 | 1 705 000.00 | 1 438 700.47 | 0.27 |
| EUR	DAIMLER TRUCK INTERNATIONAL FIN-REG-S 1.25000% 22-06.04.25 | 1 000 000.00 | 980 838.42 | 0.18 |
| EUR	DANFOSS FINANCE I BV-REG-S 0.12500% 21-28.04.26 | 1 430 000.00 | 1 312 570.54 | 0.24 |
| EUR	DANSKE BANK AS-REG-S-SUB 1.50000% 20-02.09.30 | 680 000.00 | 629 755.11 | 0.12 |
| EUR	DNB BANK ASA-REG-S 0.05000% 19-14.11.23 | 1 100 000.00 | 1 103 336.91 | 0.20 |
| EUR	E.ON SE-REG-S 0.87500% 22-08.01.25 | 250 000.00 | 246 235.14 | 0.05 |
| EUR	EDP FINANCE BV-REG-S 3.87500% 22-11.03.30 | 470 000.00 | 491 678.47 | 0.09 |
| EUR	ELECTRICITE DE FRANCE-REG-S 2.00000% 19-09.12.49 | 1 100 000.00 | 746 830.47 | 0.14 |
| EUR	ELENIA VERKKO OYJ-REG-S 0.37500% 20-06.02.27 | 800 000.00 | 705 950.72 | 0.13 |
| EUR	ELIA TRANSMISSION BELGIUM SA-REG-S 0.87500% 20-28.04.30 | 600 000.00 | 511 320.07 | 0.09 |
| EUR	ENBW INTERNATIONAL FINANCE BV-REG-S 4.04900% 22-22.11.29 | 635 000.00 | 666 672.85 | 0.12 |
| EUR	EUROGRID GMBH-REG-S 3.27900% 22-05.09.31 | 600 000.00 | 614 497.18 | 0.11 |
| EUR	FERROVIE DELLO STATO ITALIANE SPA-REG-S 3.75000% 22-14.04.27 | 1 645 000.00 | 1 657 595.23 | 0.31 |

UBS (Lux) Bond SICAV – Global 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) |  |
|  |  |  |  |  |
| EUR | FORD MOTOR CREDIT CO LLC 3.02100% 19-06.03.24 | 715 000.00 | 720 386.18 | 0.13 |
| EUR | GAS NETWORKS IRELAND-REG-S 1.37500% 16-05.12.26 | 700 000.00 | 669 408.42 | 0.12 |
| EUR | GAS NETWORKS IRELAND-REG-S 0.12500% 19-04.12.24 | 850 000.00 | 820 161.01 | 0.15 |
| EUR | GLOBALWORTH REAL ESTATE INVEST-REG-S 3.00000% 18-29.03.25 | 1 100 000.00 | 992 666.26 | 0.18 |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 1.62500% 16-27.07.26 | 1 630 000.00 | 1 577 297.43 | 0.29 |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 2.00000% 18-01.11.28 | 810 000.00 | 754 654.83 | 0.14 |
| EUR | KBC GROUP NV-REG-S 1.12500% 19-25.01.24 | 800 000.00 | 806 421.88 | 0.15 |
| EUR | KONINKLIJKE KPN NV-REG-S 0.87500% 21-15.11.33 | 1 700 000.00 | 1 313 157.33 | 0.24 |
| EUR | LINDE PLC-REG-S 1.37500% 22-31.03.31 | 2 400 000.00 | 2 176 113.38 | 0.40 |
| EUR | LSEG NETHERLANDS BV-REG-S 0.25000% 21-06.04.28 | 670 000.00 | 584 993.53 | 0.11 |
| EUR | LSEG NETHERLANDS BV-REG-S 0.75000% 21-06.04.33 | 600 000.00 | 476 365.51 | 0.09 |
| EUR | NEW YORK LIFE GLOBAL FUNDING-REG-S 0.25000% 20-23.01.27 | 1 000 000.00 | 908 278.98 | 0.17 |
| EUR | NN GROUP NV-REG-S 0.87500% 17-13.01.23 | 850 000.00 | 873 996.47 | 0.16 |
| EUR | OP CORPORATE BANK PLC 4.12500% 22-18.04.27 | 1 000 000.00 | 1 059 544.86 | 0.20 |
| EUR | ORANO SA-REG-S 5.37500% 22-15.05.27 | 900 000.00 | 958 377.63 | 0.18 |
| EUR | ORSTED AS REG-S 3.25000% 22-13.09.31 | 600 000.00 | 611 077.09 | 0.11 |
| EUR | P3 GROUP SARL-REG-S 0.87500% 22-26.01.26 | 1 085 000.00 | 922 339.54 | 0.17 |
| EUR | RAIFFEISEN BANK INTERNATIONAL AG-REG-S 0.25000% 20-22.01.25 | 2 400 000.00 | 2 246 605.69 | 0.41 |
| EUR | RAIFFEISEN BANK INTERNATIONAL AG-REG-S 4.12500% 22-08.09.25 | 600 000.00 | 609 820.51 | 0.11 |
| EUR | REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 1 900 000.00 | 1 768 965.06 | 0.33 |
| EUR | REN FINANCE B V-REG-S 2.50000% 15-12.02.25 | 1 300 000.00 | 1 308 101.14 | 0.24 |
| EUR | RENTOKIL INITIAL FINANCE BV-REG-S 4.37500% 22-27.06.30 | 555 000.00 | 588 536.56 | 0.11 |
| EUR | ROYAL BANK OF CANADA-REG-S 0.62500% 22-23.03.26 | 1 180 000.00 | 1 128 249.08 | 0.21 |
| EUR | RTE EDF TRANSPORT SA-REG-S 1.00000% 16-19.10.26 | 800 000.00 | 752 847.14 | 0.14 |
| EUR | RWE AG-REG-S 2.75000% 22-24.05.30 | 1 375 000.00 | 1 327 841.01 | 0.25 |
| EUR | RYANAIR DAC-REG-S 0.87500% 21-25.05.26 | 1 545 000.00 | 1 442 068.59 | 0.27 |
| EUR | SELP FINANCE SARL-REG-S 3.75000% 22-10.08.27 | 605 000.00 | 588 686.62 | 0.11 |
| EUR | SVENSKA HANDELSBANKEN AB-REG-S 1.00000% 20-15.04.25 | 500 000.00 | 491 720.69 | 0.09 |
| EUR | TELEFONAKTIEBOLAGET LM ERICSSON-REG-S 1.12500% 22-08.02.27 | 2 785 000.00 | 2 476 111.09 | 0.46 |
| EUR | TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.99400% 20-08.04.32 | 600 000.00 | 564 640.29 | 0.10 |
| EUR | UNICAJA BANCO SA-REG-S 4.50000% 22-30.06.25 | 900 000.00 | 922 029.33 | 0.17 |
| EUR | VODAFONE GROUP PLC-REG-S 2.50000% 19-24.05.39 | 1 350 000.00 | 1 127 601.42 | 0.21 |
| EUR | VONOVIA SE-REG-S 0.37500% 21-16.06.27 | 700 000.00 | 601 545.01 | 0.11 |
| EUR | VONOVIA SE-REG-S 1.62500% 21-01.09.51 | 500 000.00 | 287 070.54 | 0.05 |
| EUR | VONOVIA SE-REG-S 5.00000% 22-23.11.30 | 400 000.00 | 419 922.57 | 0.08 |
| EUR | WESTERN POWER DISTRIBUTION EAST-REG-S 3.94900% 22-20.09.32 | 505 000.00 | 529 924.50 | 0.10 |
| Total EUR |  |  | 64 134 678.71 | 11.83 |
| GBP |  |  |  |  |
| GBP | ANGLIAN WATER SERVICES FINANCING-REG-S 4.50000% 13-22.02.26 | 700 000.00 | 827 788.40 | 0.15 |
| GBP | ANNINGTON FUNDING PLC-REG-S 4.75000% 22-09.08.33 | 1 120 000.00 | 1 212 212.73 | 0.22 |
| GBP | BAT CAPITAL CORP-REG-S 2.12500% 17-15.08.25 | 2 380 000.00 | 2 587 453.80 | 0.48 |
| GBP | BAT INTERNATIONAL FINANCE PLC-REG-S 2.25000% 16-09.09.52 | 550 000.00 | 299 174.20 | 0.06 |
| GBP | CADENT FINANCE PLC-REG-S 2.75000% 16-22.09.46 | 850 000.00 | 662 377.63 | 0.12 |
| GBP | GATWICK FUNDING LTD 5.25000% 12-23.01.26 | 650 000.00 | 769 918.83 | 0.14 |
| GBP | LLOYDS BANKING GROUP PLC 2.25000% 17-16.10.24 | 800 000.00 | 901 233.11 | 0.17 |
| GBP | MACQUARIE GROUP LTD-REG-S 4.08000% 22-31.05.29 | 1 120 000.00 | 1 197 973.00 | 0.22 |
| GBP | TELEFONICA EMISIONES SA 5.28900% 09-09.12.22 | 2 200 000.00 | 2 620 152.92 | 0.48 |
| GBP | THAMES WATER UTILITIES FINANCE PLC 5.12500% 06-28.09.37 | 800 000.00 | 909 568.92 | 0.17 |
| GBP | VICINITY CENTRES TRUST-REG-S 3.37500% 16-07.04.26 | 600 000.00 | 662 342.86 | 0.12 |
| GBP | WESTERN POWER DISTRIBUTION WEST MIDLAND 5.75000% 11-16.04.32 | 410 000.00 | 507 897.76 | 0.10 |
| Total GBP |  |  | 13 158 094.16 | 2.43 |
| USD |  |  |  |  |
| USD | BANK OF AMERICA CORP 3.87500% 15-01.08.25 | 6 990 000.00 | 6 891 824.55 | 1.27 |
| USD | CASTLE PEAK POWER FINANCE CO LTD-REG-S 2.12500% 21-03.03.31 | 1 215 000.00 | 961 086.62 | 0.18 |
| USD | GC TREASURY CENTER CO LTD-REG-S 4.40000% 22-30.03.32 | 970 000.00 | 858 469.40 | 0.16 |
| USD | GC TREASURY CENTER CO LTD-REG-S 5.20000% 22-30.03.52 | 350 000.00 | 279 956.25 | 0.05 |
| USD | GENERAL ELECTRIC CO 6.75000% 02-15.03.32 | 652 000.00 | 739 848.11 | 0.14 |
| USD | INDIAN RAILWAY FINANCE CORP LTD-REG-S 2.80000% 21-10.02.31 | 1 210 000.00 | 992 429.90 | 0.18 |
| USD | JOHN DEERE CAPITAL CORP 3.35000% 22-18.04.29 | 2 950 000.00 | 2 753 050.51 | 0.51 |
| USD | MIRVAC GROUP FINANCE LTD-REG-S 3.62500% 17-18.03.27 | 2 520 000.00 | 2 322 343.40 | 0.43 |
| USD | MORGAN STANLEY 4.00000% 15-23.07.25 | 2 420 000.00 | 2 370 406.68 | 0.44 |
| USD | MORGAN STANLEY-SUB 4.35000% 14-08.09.26 | 1 090 000.00 | 1 061 227.18 | 0.20 |
| USD | OVERSEA-CHINESE BANKING CORP-REG-S-SUB 4.25000% 14-19.06.24 | 1 800 000.00 | 1 769 226.48 | 0.33 |
| USD | PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 5.37500% 17-06.07.27 | 785 000.00 | 714 921.48 | 0.13 |
| USD | REC LTD-REG-S 2.25000% 21-01.09.26 | 1 920 000.00 | 1 686 360.00 | 0.31 |
| USD | SAUDI ARABIAN OIL CO-REG-S 3.50000% 19-16.04.29 | 800 000.00 | 740 000.00 | 0.14 |
| USD | SHINHAN BANK CO LTD-REG-S-SUB 4.37500% 22-13.04.32 | 945 000.00 | 836 258.85 | 0.15 |
| USD | SUN HUNG KAI PROP CAP MRKT LTD-REG-S 2.87500% 20-21.01.30 | 2 000 000.00 | 1 700 809.67 | 0.31 |
| USD | TENCENT HOLDINGS LTD-REG-S 4.52500% 19-11.04.49 | 2 150 000.00 | 1 657 246.87 | 0.30 |
| USD | TORONTO-DOMINION BANK 2.35000% 22-08.03.24 | 1 200 000.00 | 1 161 305.40 | 0.21 |
| USD | WALT DISNEY CO/THE 1.85000% 16-30.07.26 | 1 500 000.00 | 1 364 614.17 | 0.25 |
| Total USD |  |  | 30 861 385.52 | 5.69 |
| Total Medium term notes, fixed rate |  | 118 830 733.57 | 21.92 |
| Medium term notes, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	APRR SA-REG-S 0.00000% 20-20.01.23 | 1 900 000.00 | 1 951 608.49 | 0.36 |
| EUR	NOVO NORDISK FINANCE NETHERLANDS BV 0.00000% 21-04.06.24 | 1 070 000.00 | 1 056 084.89 | 0.20 |
| EUR	SIEMENS FINANCIERINGSMAATSCH NV-REG-S 0.00000% 20-20.02.23 | 1 700 000.00 | 1 742 395.15 | 0.32 |
| EUR	STEDIN HOLDING NV-REG-S 0.00000% 21-16.11.26 | 740 000.00 | 672 009.10 | 0.12 |
| Total EUR |  | 5 422 097.63 | 1.00 |
| Total Medium term notes, zero coupon |  | 5 422 097.63 | 1.00 |
| Medium term notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	ABANCA CORP BANCARIA SA-REG-S 0.500%/VAR 21-08.09.27 | 1 100 000.00 | 953 648.88 | 0.18 |
| EUR	ALLIANZ SE-REG-S-SUB 4.750%/3M EURIBOR+360BP 13-PRP | 300 000.00 | 307 004.56 | 0.06 |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 1 700 000.00 | 1 588 296.49 | 0.29 |
| EUR	AXA SA-REG-S-SUB 3.375%/VAR 16-06.07.47 | 1 200 000.00 | 1 158 964.16 | 0.21 |

UBS (Lux) Bond SICAV – Global 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) |  |
|  |  |  |  |  |
| EUR | BANCO DE SABADELL SA-REG-S 2.625%/VAR 22-24.03.26 | 400 000.00 | 387 363.39 | 0.07 |
| EUR | BANK OF IRELAND GROUP PLC-REG-S 1.875%/VAR 22-05.06.26 | 930 000.00 | 888 567.85 | 0.16 |
| EUR | BARCLAYS PLC-REG-S 3.375%/VAR 20-02.04.25 | 1 200 000.00 | 1 222 606.41 | 0.23 |
| EUR | BNP PARIBAS SA-REG-S 2.750%/VAR 22-25.07.28 | 1 200 000.00 | 1 157 787.88 | 0.21 |
| EUR | CAIXABANK SA-REG-S 0.750%/VAR 20-10.07.26 | 1 000 000.00 | 950 377.25 | 0.17 |
| EUR | COMMONWEALTH BK OF AUSTRLIA-REG-S-SUB 1.936%/VAR 17-03.10.29 | 900 000.00 | 876 708.88 | 0.16 |
| EUR | CREDIT AGRICOLE SA-REG-S 1.000%/VAR 20-22.04.26 | 1 600 000.00 | 1 541 311.91 | 0.28 |
| EUR | CREDIT SUISSE GROUP AG-REG-S 0.650%/VAR 20-14.01.28 | 900 000.00 | 691 939.01 | 0.13 |
| EUR | DBS GROUP HOLDINGS LTD-REG-S-SUB 1.500%/VAR 18-11.04.28 | 840 000.00 | 853 480.60 | 0.16 |
| EUR | DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 900 000.00 | 862 095.05 | 0.16 |
| EUR | DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 700 000.00 | 571 736.02 | 0.11 |
| EUR | IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 1 100 000.00 | 1 099 907.35 | 0.20 |
| EUR | KBC GROUP NV-REG-S 4.375%/VAR 22-23.11.27 | 1 300 000.00 | 1 353 025.38 | 0.25 |
| EUR | TOTAL SE-REG-S-SUB 2.625%/VAR 15-PRP | 700 000.00 | 681 974.05 | 0.13 |
| EUR | TOTAL SE-REG-S-SUB 2.125%/VAR 21-PRP | 1 300 000.00 | 977 807.13 | 0.18 |
| Total EUR |  |  | 18 124 602.25 | 3.34 |
| GBP |  |  |  |  |
| GBP | AVIVA PLC-REG-S-SUB 5.125%VAR 15-04.06.50 | 1 000 000.00 | 1 082 144.63 | 0.20 |
| GBP | CYBG PLC-REG-S 3.375%/VAR 18-24.04.26 | 850 000.00 | 925 042.18 | 0.17 |
| GBP | M&G PLC-REG-S-SUB 5.000%/VAR 15-20.07.55 | 750 000.00 | 781 528.12 | 0.15 |
| GBP | YORKSHIRE WATER SERVICES FIN-REG-S 3.750%/VAR 10-22.03.46 | 550 000.00 | 649 243.58 | 0.12 |
| Total GBP |  |  | 3 437 958.51 | 0.64 |
| USD |  |  |  |  |
| USD | BANK OF AMERICA CORP 3.384%/VAR 22-02.04.26 | 2 040 000.00 | 1 942 537.94 | 0.36 |
| USD | MORGAN STANLEY 2.239%/VAR 21-21.07.32 | 3 560 000.00 | 2 776 297.32 | 0.51 |
| USD | WELLS FARGO & CO 3.526%/VAR 22-24.03.28 | 2 180 000.00 | 2 024 993.39 | 0.37 |
| Total USD |  |  | 6 743 828.65 | 1.24 |
| Total Medium term notes, floating rate |  | 28 306 389.41 | 5.22 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ABBOTT IRELAND FINCING DAC-REG-S 0.87500% 18-27.09.23 | 1 000 000.00 | 1 014 967.20 | 0.19 |
| EUR	ALSTRIA OFFICE REIT-AG-REG-S 1.50000% 20-23.06.26 | 900 000.00 | 734 516.47 | 0.14 |
| EUR	AUTOSTRADE PER L’ITALIA SPA REG-S 2.00000% 21-15.01.30 | 1 450 000.00 | 1 221 004.01 | 0.22 |
| EUR	BOUYGUES SA-REG-S 4.62500% 22-07.06.32 | 3 200 000.00 | 3 493 594.21 | 0.64 |
| EUR	BPCE SA-REG-S 0.25000% 20-15.01.26 | 2 300 000.00 | 2 156 388.38 | 0.40 |
| EUR	CHUBB INA HOLDINGS INC 2.50000% 18-15.03.38 | 1 900 000.00 | 1 589 561.31 | 0.29 |
| EUR	FCC AQUALIA SA-REG-S 2.62900% 17-08.06.27 | 825 000.00 | 785 658.21 | 0.14 |
| EUR	IMPERIAL BRANDS FINANCE PLC-REG-S 1.37500% 17-27.01.25 | 1 150 000.00 | 1 130 637.87 | 0.21 |
| EUR	LIBERTY MUTUAL GROUP INC-REG-S 2.75000% 16-04.05.26 | 650 000.00 | 644 664.68 | 0.12 |
| EUR	MAPFRE SA-REG-S-SUB 2.87500% 22-13.04.30 | 800 000.00 | 694 301.31 | 0.13 |
| EUR	POSCO-REG-S 0.50000% 20-17.01.24 | 1 070 000.00 | 1 050 977.26 | 0.19 |
| EUR	RESA SA/BELGIUM-REG-S 1.00000% 16-22.07.26 | 800 000.00 | 753 089.30 | 0.14 |
| EUR	TAURON POLSKA ENERGIA SA-REG-S 2.37500% 17-05.07.27 | 1 400 000.00 | 1 167 893.38 | 0.22 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV-REG-S 1.12500% 16-15.10.24 | 1 450 000.00 | 1 387 829.84 | 0.26 |
| EUR	TRANSPORT ET INFRASTRUCTURES GAZ-REG-S 2.20000% 15-05.08.25 | 700 000.00 | 702 051.40 | 0.13 |
| EUR	UMG GROUPE VYV 1.62500% 19-02.07.29 | 800 000.00 | 703 275.66 | 0.13 |
| EUR	UTAH ACQUISITION SUB INC-REG-S 3.12500% 16-22.11.28 | 500 000.00 | 470 460.47 | 0.09 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 1.12500% 17-02.10.23 | 1 700 000.00 | 1 722 437.03 | 0.32 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 4.12500% 18-16.11.38 | 1 500 000.00 | 1 528 940.67 | 0.28 |
| EUR	VVO-YHTYMA OYJ-REG-S 1.62500% 16-17.10.23 | 1 000 000.00 | 1 002 351.20 | 0.18 |
| Total EUR |  | 23 954 599.86 | 4.42 |
| GBP |  |  |  |
| GBP	BERKELEY GROUP PLC/THE-REG-S 2.50000% 21-11.08.31 | 845 000.00 | 670 961.55 | 0.13 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 5.00000% 13-25.04.23 | 53 000.00 | 63 013.55 | 0.01 |
| GBP	CE ELECTRIC UK FUNDING COMPANY 7.25000% 97-15.12.22 | 2 050 000.00 | 2 443 859.59 | 0.45 |
| GBP	DERWENT LONDON PLC-REG-S 1.87500% 21-17.11.31 | 1 465 000.00 | 1 265 973.33 | 0.23 |
| GBP	HISCOX LTD-REG-S 2.00000% 18-14.12.22 | 1 500 000.00 | 1 783 545.43 | 0.33 |
| GBP	NORTHUMBRIAN WATER FINANCE PLC-REG-S 1.62500% 16-11.10.26 | 650 000.00 | 683 436.55 | 0.13 |
| GBP	ROTHESAY LIFE PLC-REG-S-SUB 3.37500% 19-12.07.26 | 2 270 000.00 | 2 433 008.70 | 0.45 |
| GBP	SCOTTISH WIDOWS PLC-REG-S-SUB 5.50000% 13-16.06.23 | 950 000.00 | 1 131 355.00 | 0.21 |
| Total GBP |  | 10 475 153.70 | 1.94 |
| USD |  |  |  |
| USD	BALTIMORE GAS & ELECTRIC CO 3.50000% 16-15.08.46 | 860 000.00 | 649 083.67 | 0.12 |
| USD	CITIGROUP INC 3.87500% 13-25.10.23 | 4 730 000.00 | 4 694 037.15 | 0.86 |
| USD	CONSUMERS ENERGY COMPANY 3.25000% 16-15.08.46 | 450 000.00 | 327 577.33 | 0.06 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 2.70000% 21-12.07.26 | 1 235 000.00 | 549 575.00 | 0.10 |
| USD	DUKE ENERGY CAROLINAS LLC 4.00000% 12-30.09.42 | 1 220 000.00 | 1 024 642.31 | 0.19 |
| USD	GOLDMAN SACHS GROUP INC-SUB 5.15000% 15-22.05.45 | 1 210 000.00 | 1 152 421.26 | 0.21 |
| USD	KROGER CO 3.70000% 17-01.08.27 | 570 000.00 | 541 984.98 | 0.10 |
| USD	MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 937 000.00 | 688 695.00 | 0.13 |
| USD	NATL RURAL UTIL COOPERATIVE FIN CORP 3.70000% 19-15.03.29 | 510 000.00 | 467 238.45 | 0.09 |
| USD	PACIFICORP 6.00000% 09-15.01.39 | 1 120 000.00 | 1 173 652.24 | 0.22 |
| USD	PHILLIPS 66 4.65000% 14-15.11.34 | 600 000.00 | 568 245.35 | 0.10 |
| USD	REYNOLDS AMERICAN INC 4.45000% 15-12.06.25 | 990 000.00 | 972 181.93 | 0.18 |
| USD	SHELL INTERNATIONAL FINANCE BV 4.37500% 15-11.05.45 | 770 000.00 | 691 409.57 | 0.13 |
| USD	SOUTHERN CALIFORNIA EDISON CO 4.00000% 17-01.04.47 | 870 000.00 | 683 102.42 | 0.12 |
| USD	SOUTHERN CALIFORNIA EDISON CO 3.70000% 18-01.08.25 | 600 000.00 | 583 293.96 | 0.11 |
| USD	SOUTHERN CALIFORNIA EDISON CO 2.85000% 19-01.08.29 | 750 000.00 | 655 949.82 | 0.12 |
| USD	STAR ENERGY GEOTHERMAL DARAJAT II-REG-S 4.85000% 20-14.10.38 | 1 055 000.00 | 854 418.12 | 0.16 |
| USD	TIME WARNER CABLE LLC 4.50000% 12-15.09.42 | 730 000.00 | 547 990.41 | 0.10 |
| Total USD |  | 16 825 498.97 | 3.10 |
| Total Bonds, fixed rate |  | 51 255 252.53 | 9.46 |

UBS (Lux) Bond SICAV – Global 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) |  |
| Bonds, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AG INSURANCE SA/NV-REG-S-SUB 3.500%/VAR 15-30.06.47 | 1 200 000.00 | 1 120 794.62 | 0.21 |
| EUR	ALLIANDER NV-REG-S-SUB 1.625%/VAR 18-PRP | 400 000.00 | 376 851.90 | 0.07 |
| EUR	BP CAPITAL MARKETS PLC-REG-S 3.250%/VAR 20-PRP | 1 200 000.00 | 1 136 733.60 | 0.21 |
| EUR	BP CAPITAL MARKETS PLC-REG-S-SUB 3.625%/VAR 20-PRP | 1 000 000.00 | 884 623.80 | 0.16 |
| EUR	ELECTRICITE DE FRANCE SA-REG-S-SUB 4.000%/VAR 18-PRP | 800 000.00 | 771 207.85 | 0.14 |
| EUR	ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 650 000.00 | 620 643.16 | 0.11 |
| EUR	OMV AG-REG-S-SUB 2.875%/VAR 18-PRP | 900 000.00 | 894 649.50 | 0.17 |
| EUR	ORSTED A/S-REG-S-SUB 2.250%/VAR 17-24.11.3017 | 340 000.00 | 330 402.95 | 0.06 |
| EUR	RABOBANK NEDERLAND NV-REG-S-SUB 3.250%/VAR 19-PRP | 600 000.00 | 532 843.88 | 0.10 |
| EUR	SOCIETE GENERALE SA-REG-S 0.500%/VAR 21-12.06.29 | 1 000 000.00 | 835 867.82 | 0.15 |
| EUR	SWISS LIFE AG VIA DEMETER INV BV-SUB 4.375%/VAR 15-PRP | 1 200 000.00 | 1 198 512.60 | 0.22 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.125%/VAR 18-PRP | 600 000.00 | 531 361.18 | 0.10 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.875%/VAR 18-PRP | 600 000.00 | 469 551.29 | 0.09 |
| EUR	VOLKSWAGEN INTL FINANCE NV-REG-S-SUB 3.375%/VAR 18-PRP | 1 500 000.00 | 1 463 390.06 | 0.27 |
| Total EUR |  | 11 167 434.21 | 2.06 |
| GBP |  |  |  |
| GBP	M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 2 000 000.00 | 2 189 517.29 | 0.41 |
| Total GBP |  | 2 189 517.29 | 0.41 |
| USD |  |  |  |
| USD	BP CAPITAL MARKETS PLC-SUB 4.875%/VAR 20-PRP | 1 000 000.00 | 879 750.00 | 0.16 |
| USD	QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 2 500 000.00 | 2 384 750.00 | 0.44 |
| USD	SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 1 800 000.00 | 1 340 899.20 | 0.25 |
| USD	WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 1 630 000.00 | 1 362 556.12 | 0.25 |
| Total USD |  | 5 967 955.32 | 1.10 |
| Total Bonds, floating rate |  | 19 324 906.82 | 3.57 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 447 094 186.49 | 82.49 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Notes, fixed rate |  |  |  |
| CAD |  |  |  |
| CAD	METROPOLITAN LIFE GLOBAL FUNDIN I-REG-S 1.95000% 21-20.03.28 | 2 520 000.00 | 1 618 184.99 | 0.30 |
| CAD	PEPSICO INC 2.15000% 17-06.05.24 | 1 130 000.00 | 806 120.02 | 0.15 |
| Total CAD |  | 2 424 305.01 | 0.45 |
| USD |  |  |  |
| USD	AKER BP ASA-144A 3.00000% 20-15.01.25 | 1 200 000.00 | 1 135 401.64 | 0.21 |
| USD	AKER BP ASA-144A 4.00000% 20-15.01.31 | 2 250 000.00 | 1 998 313.34 | 0.37 |
| USD	ALCON FINANCE CORP-144A 5.75000% 22-06.12.52 | 535 000.00 | 541 215.44 | 0.10 |
| USD	AUSTRALIA & NEW ZEALAND BNK-REG-S-SUB 4.50000% 14-19.03.24 | 1 000 000.00 | 985 892.90 | 0.18 |
| USD	AVOLON HOLDINGS FUNDING LTD-144A 2.12500% 21-21.02.26 | 700 000.00 | 596 512.00 | 0.11 |
| USD	BAXTER INTERNATIONAL INC 2.27200% 22-01.12.28 | 920 000.00 | 794 839.40 | 0.15 |
| USD	BROADCOM INC-144A 1.95000% 21-15.02.28 | 620 000.00 | 524 027.09 | 0.10 |
| USD	BROADCOM INC-144A 2.60000% 21-15.02.33 | 2 150 000.00 | 1 624 563.02 | 0.30 |
| USD	BROADCOM INC-144A 3.41900% 21-15.04.33 | 1 250 000.00 | 1 015 662.71 | 0.19 |
| USD	CAMERON LNG LLC-144A 3.30200% 19-15.01.35 | 1 060 000.00 | 876 090.13 | 0.16 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 3.30000% 18-01.05.23 | 2 600 000.00 | 2 573 674.87 | 0.47 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 5.12500% 20-01.04.25 | 870 000.00 | 872 724.74 | 0.16 |
| USD	COLONIAL ENTERPRISES INC-144A 3.25000% 20-15.05.30 | 730 000.00 | 638 987.46 | 0.12 |
| USD	COMCAST CORP 2.93700% 22-01.11.56 | 3 129 000.00 | 2 028 195.90 | 0.37 |
| USD	CONTINENTAL RESOURCES-144A 2.26800% 21-15.11.26 | 920 000.00 | 795 487.20 | 0.15 |
| USD	CSL FINANCE PLC-144A 4.05000% 22-27.04.29 | 1 995 000.00 | 1 884 544.03 | 0.35 |
| USD	DELL INTERNATIONAL LLC / EMC CORP 5.85000% 21-15.07.25 | 640 000.00 | 650 057.24 | 0.12 |
| USD	DELL INTERNATIONAL LLC / EMC CORP 5.30000% 21-01.10.29 | 2 430 000.00 | 2 403 701.71 | 0.44 |
| USD	ENEL FINANCE INTERNATIONAL NV-144A 7.50000% 22-14.10.32 | 760 000.00 | 816 879.34 | 0.15 |
| USD	EQT CORP-144A 3.12500% 21-15.05.26 | 600 000.00 | 553 878.20 | 0.10 |
| USD	ERAC USA FINANCE LLC-144A 5.62500% 12-15.03.42 | 870 000.00 | 825 220.51 | 0.15 |
| USD	EXELON CORP-144A 2.75000% 22-15.03.27 | 660 000.00 | 608 347.14 | 0.11 |
| USD	HCA INC-144A 3.62500% 22-15.03.32 | 635 000.00 | 542 826.43 | 0.10 |
| USD	HONEYWELL INTERNATIONAL INC 4.95000% 22-15.02.28 | 1 290 000.00 | 1 316 035.75 | 0.24 |
| USD	INFOR INC-144A 1.75000% 20-15.07.25 | 750 000.00 | 680 808.30 | 0.13 |
| USD	KINDER MORGAN INC-144A 5.62500% 13-15.11.23 | 1 750 000.00 | 1 749 557.76 | 0.32 |
| USD	LIBERTY MUTUAL GROUP INC-144A 4.56900% 19-01.02.29 | 1 010 000.00 | 938 695.81 | 0.17 |
| USD	LUNDIN ENERGY FINANCE BV-144A 2.00000% 21-15.07.26 | 490 000.00 | 431 398.92 | 0.08 |
| USD	LUNDIN ENERGY FINANCE BV-144A 3.10000% 21-15.07.31 | 490 000.00 | 403 782.55 | 0.07 |
| USD	MPLX LP 4.25000% 20-01.12.27 | 380 000.00 | 362 494.78 | 0.07 |
| USD	ONCOR ELECTRIC DELIVERY CO 3.70000% 19-15.11.28 | 600 000.00 | 567 126.91 | 0.10 |
| USD	ONCOR ELECTRIC DELIVERY CO 3.80000% 19-01.06.49 | 670 000.00 | 541 720.90 | 0.10 |
| USD	PHILLIPS 66 CO-144A 4.68000% 22-15.02.45 | 400 000.00 | 351 817.84 | 0.06 |
| USD	SOUTHWESTERN ELECTRIC POWER 6.20000% 10-15.03.40 | 1 860 000.00 | 1 900 949.09 | 0.35 |
| USD	STATE STREET CORP 2.90100% 20-30.03.26 | 1 070 000.00 | 1 017 301.06 | 0.19 |
| USD	TEACHERS INSURANCE&ANNUITY ASS-144A-SUB 4.90000% 14-15.09.44 | 670 000.00 | 625 035.03 | 0.12 |
| USD	TECK RESOURCES LTD 3.90000% 20-15.07.30 | 600 000.00 | 539 413.65 | 0.10 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 2.05000% 21-15.04.26 | 850 000.00 | 733 465.00 | 0.14 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 1.15000% 21-07.06.24 | 460 000.00 | 423 861.25 | 0.08 |
| USD	UNITD AIRLNS 2016-1 CL B PAS THRUGH TRT 3.65000% 17-07.01.26 | 355 000.00 | 196 517.47 | 0.04 |
| USD	WALMART INC 4.50000% 22-09.09.52 | 675 000.00 | 656 686.60 | 0.12 |
| USD	XCEL ENERGY INC 4.80000% 11-15.09.41 | 1 820 000.00 | 1 617 666.96 | 0.30 |
| Total USD |  | 40 341 378.07 | 7.44 |
| Total Notes, fixed rate |  | 42 765 683.08 | 7.89 |

UBS (Lux) Bond SICAV – Global 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) |  |
| Notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	SANTANDER UK GROUP HOLDINGS 6.833%/VAR 22-21.11.26 | 1 280 000.00 | 1 293 136.92 | 0.24 |
| Total USD |  | 1 293 136.92 | 0.24 |
| Total Notes, floating rate |  | 1 293 136.92 | 0.24 |
| Medium term notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AIR NEW ZEALAND LTD 5.70000% 22-25.05.26 | 1 420 000.00 | 942 643.47 | 0.17 |
| AUD	AURIZON FINANCE PTY LTD 3.00000% 21-09.03.28 | 2 000 000.00 | 1 122 912.78 | 0.21 |
| AUD	VICTORIA POWER NETWORKS FINANCE PTY LTD 2.13200% 21-21.04.28 | 1 500 000.00 | 842 606.50 | 0.16 |
| Total AUD |  | 2 908 162.75 | 0.54 |
| CAD |  |  |  |
| CAD	BELL CANADA 4.75000% 14-29.09.44 | 250 000.00 | 171 053.15 | 0.03 |
| Total CAD |  | 171 053.15 | 0.03 |
| GBP |  |  |  |
| GBP	NATIONAL GRID ELECTRICITY TRANSMISSION 4.00000% 12-08.06.27 | 650 000.00 | 735 927.26 | 0.13 |
| Total GBP |  | 735 927.26 | 0.13 |
| Total Medium term notes, fixed rate |  | 3 815 143.16 | 0.70 |
| Medium term notes, floating rate |  |  |  |
| AUD |  |  |  |
| AUD	NATIONAL AUSTRALIA BANK-SUB 6.322%/VAR 22-03.08.32 | 1 640 000.00 | 1 111 784.24 | 0.21 |
| Total AUD |  | 1 111 784.24 | 0.21 |
| Total Medium term notes, floating rate |  | 1 111 784.24 | 0.21 |
| Bonds, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	NSW ELECTRICITY NETWORKS FINANCE PTY 2.54300% 20-23.09.30	2 050 000.00 | 1 062 063.84 | 0.20 |
| Total AUD | 1 062 063.84 | 0.20 |
| USD |  |  |  |  |
| USD | FIVE CORNERS FUNDING TRUST-144A 4.41900% 13-15.11.23 | 2 795 000.00 | 2 767 970.12 | 0.51 |
| USD | MONONGAHELA POWER CO-144A 5.40000% 13-15.12.43 | 645 000.00 | 623 685.01 | 0.11 |
| Total USD |  |  | 3 391 655.13 | 0.62 |
| Total Bonds, fixed rate |  | 4 453 718.97 | 0.82 |
| Bonds, floating rate |  |  |  |
| USD |  |  |  |
| USD	SCENTRE GROUP TRUST 2-REG-S-SUB 4.750%/VAR 20-24.09.80 | 1 850 000.00 | 1 628 575.16 | 0.30 |
| Total USD |  | 1 628 575.16 | 0.30 |
| Total Bonds, floating rate |  | 1 628 575.16 | 0.30 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 55 068 041.53 | 10.16 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Notes, fixed rate
| CAD |  |
| --- | --- |
| CAD | CANADIAN PACIFIC RAILWAY CO 2.54000% 21-28.02.28 | 1 220 000.00 | 815 471.50 | 0.15 |
| Total CAD |  | 815 471.50 | 0.15 |
| Total Notes, fixed rate |  | 815 471.50 | 0.15 |
| Medium term notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	NETWORK FINANCE CO PTY LTD 2.57900% 21-03.10.28 | 3 400 000.00 | 1 926 347.85 | 0.35 |
| AUD	STOCKLAND TRUST 2.30000% 21-24.03.28 | 1 480 000.00 | 845 000.14 | 0.16 |
| Total AUD |  | 2 771 347.99 | 0.51 |
| Total Medium term notes, fixed rate |  | 2 771 347.99 | 0.51 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market |  | 3 586 819.49 | 0.66 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2022
| Description | Quantity/ Nominal | Valuation in USD Unrealized gain (loss) on Futures/ Forward Exchange Contracts/ Swaps (Note 1) | as a % of net assets |
| --- | --- | --- | --- |
| Recently issued transferable securities and money market instruments |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	MAGALLANES INC-144A 4.27900% 22-15.03.32 | 1 470 000.00 | 1 248 028.75 | 0.23 |
| USD	MAGALLANES INC-144A 5.14100% 22-15.03.52 | 355 000.00 | 275 075.66 | 0.05 |
| USD	MAGALLANES INC-144A 5.39100% 22-15.03.62 | 355 000.00 | 274 695.35 | 0.05 |
| Total USD |  | 1 797 799.76 | 0.33 |
| Total Notes, fixed rate |  | 1 797 799.76 | 0.33 |
| Total Recently issued transferable securities and money market instruments |  | 1 797 799.76 | 0.33 |
| Total investments in securities |  | 507 546 847.27 | 93.64 |
| Derivative instruments |  |  |  |
| Derivative instruments listed on an official stock exchange |  |  |  |
| Financial Futures on bonds |  |  |  |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.12.22 | 35.00 | 20 901.90 | 0.00 |
| EUR	EURO-BOBL FUTURE 08.12.22 | -49.00 | 134 204.58 | 0.02 |
| AUD	AUSTRALIA 10YR BOND FUTURE 15.12.22 | -127.00 | -243 496.79 | -0.04 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 22.03.23 | 99.00 | -114 468.75 | -0.02 |
| USD	US 10YR ULTRA NOTE FUTURE 22.03.23 | -6.00 | -656.25 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.23 | 716.00 | 212 562.50 | 0.04 |
| USD	US 5YR TREASURY NOTE FUTURE 31.03.23 | 229.00 | 80 507.93 | 0.02 |
| CAD	CAN 10YR BOND FUTURE 22.03.23 | 74.00 | -4 366.75 | 0.00 |
| Total Financial Futures on bonds |  | 85 188.37 | 0.02 |
| Total Derivative instruments listed on an official stock exchange |  | 85 188.37 | 0.02 |
| Total Derivative instruments |  | 85 188.37 | 0.02 |
| Forward Foreign Exchange contracts |  |  |  |
| Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |  |

| USD | 21 124 603.05 | AUD | 32 860 000.00 | 6.12.2022 | -882 511.03 | -0.16 |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 134 507 300.00 | USD | 135 432 288.99 | 6.12.2022 | 5 763 033.37 | 1.06 |
| USD | 37 768 719.66 | GBP | 32 810 000.00 | 6.12.2022 | -1 305 841.12 | -0.24 |
| USD | 8 152 783.61 | CAD | 11 090 000.00 | 6.12.2022 | -27 533.49 | -0.01 |
| USD | 143 625 220.24 | EUR | 144 780 000.00 | 6.12.2022 | -5 459 205.21 | -1.01 |
| EUR | 58 937 700.00 | USD | 58 467 607.01 | 6.12.2022 | 2 222 358.05 | 0.41 |
| USD | 1 613 122.94 | GBP | 1 370 000.00 | 6.12.2022 | -18 457.32 | 0.00 |
| EUR | 728 100.00 | USD | 753 194.55 | 6.12.2022 | -3 447.55 | 0.00 |
| CHF | 1 588 900.00 | USD | 1 689 551.66 | 6.12.2022 | -21 647.78 | 0.00 |
| USD | 11 916 950.37 | EUR | 11 445 700.00 | 6.12.2022 | 130 960.53 | 0.02 |
| USD | 2 576 214.50 | EUR | 2 495 000.00 | 6.12.2022 | 7 036.15 | 0.00 |
| EUR | 598 300.00 | USD | 620 653.21 | 6.12.2022 | -4 565.27 | 0.00 |
| CHF | 1 911 500.00 | USD | 2 018 127.99 | 6.12.2022 | -11 583.67 | 0.00 |
| EUR | 546 300.00 | USD | 569 951.51 | 6.12.2022 | -7 409.57 | 0.00 |
| Total Forward Foreign Exchange contracts | 381 186.09 | 0.07 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 28 207 125.59 | 5.20 |
| Other assets and liabilities | 5 801 778.48 | 1.07 |
| Total net assets | 542 022 125.80 | 100.00 |

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

Translation (ENFR, 2022-11-30):
# UBS (Lux) Bond SICAV – Global Corporates (USD)
| Données principales |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Actif net en USD |  | 542 022 125.80 | 595 198 859.76 | 747 349 110.31 |
| Catégorie (CHF hedged) I-A1-acc | LU0390863529 |  |  |  |
| Actions en circulation |  | 321 800.1080 | 323 111.6140 | 335 543.1690 |
| Valeur nette d’inventaire par action en CHF |  | 114.90 | 121.36 | 136.62 |
| Prix d’émission et de rachat par action en CHF 1 |  | 114.90 | 121.36 | 136.62 |
| Catégorie I-A3-acc 2 | LU2203993972 |  |  |  |
| Actions en circulation |  | - | - | 500 000.0000 |
| Valeur nette d’inventaire par action en USD |  | - | - | 99.73 |
| Prix d’émission et de rachat par action en USD 1 |  | - | - | 99.73 |
| Catégorie I-B-acc | LU0390870730 |  |  |  |
| Actions en circulation |  | 35 041.4420 | 35 041.4420 | 35 041.4420 |
| Valeur nette d’inventaire par action en USD |  | 163.84 | 169.94 | 188.26 |
| Prix d’émission et de rachat par action en USD 1 |  | 163.84 | 169.94 | 188.26 |
| Catégorie (CHF hedged) I-B-acc | LU0390864253 |  |  |  |
| Actions en circulation |  | 105 030.3790 | 105 880.4800 | 140 926.3150 |
| Valeur nette d’inventaire par action en CHF |  | 127.62 | 134.51 | 150.77 |
| Prix d’émission et de rachat par action en CHF 1 |  | 127.62 | 134.51 | 150.77 |
| Catégorie I-X-acc | LU0390870904 |  |  |  |
| Actions en circulation |  | 1 849 473.2090 | 1 881 346.4980 | 1 877 758.8810 |
| Valeur nette d’inventaire par action en USD |  | 165.10 | 171.19 | 189.53 |
| Prix d’émission et de rachat par action en USD 1 |  | 165.10 | 171.19 | 189.53 |
| Catégorie (CHF hedged) I-X-acc | LU0390864410 |  |  |  |
| Actions en circulation |  | 676 011.4660 | 728 301.8760 | 736 744.8280 |
| Valeur nette d’inventaire par action en CHF |  | 133.19 | 140.34 | 157.20 |
| Prix d’émission et de rachat par action en CHF 1 |  | 133.19 | 140.34 | 157.20 |
| Catégorie (EUR hedged) I-X-acc | LU0390868080 |  |  |  |
| Actions en circulation |  | 445 335.4770 | 547 086.3210 | 428 959.8460 |
| Valeur nette d’inventaire par action en EUR |  | 112.60 | 118.31 | 132.05 |
| Prix d’émission et de rachat par action en EUR 1 |  | 112.60 | 118.31 | 132.05 |
| Catégorie I-X-UKdist | LU1336832081 |  |  |  |
| Actions en circulation |  | 62 214.8540 | 62 214.8540 | 425 007.7300 |
| Valeur nette d’inventaire par action en USD |  | 95.85 | 102.56 | 117.64 |
| Prix d’émission et de rachat par action en USD 1 |  | 95.85 | 102.56 | 117.64 |
| Catégorie P-acc | LU0390868593 |  |  |  |
| Actions en circulation |  | 829.8550 | 829.8550 | 100.0000 |
| Valeur nette d’inventaire par action en USD |  | 86.89 | 90.47 | 101.11 |
| Prix d’émission et de rachat par action en USD 1 |  | 86.89 | 90.47 | 101.11 |
| Catégorie (EUR hedged) P-acc | LU0390864923 |  |  |  |
| Actions en circulation |  | 100.0000 | 100.0000 | 100.0000 |
| Valeur nette d’inventaire par action en EUR |  | 84.83 | 89.52 | 100.90 |
| Prix d’émission et de rachat par action en EUR 1 |  | 84.83 | 89.52 | 100.90 |
| Catégorie (EUR hedged) Q-acc | LU0390866548 |  |  |  |
| Actions en circulation |  | 100.0000 | 100.0000 | 100.0000 |
| Valeur nette d’inventaire par action en EUR |  | 85.35 | 89.93 | 101.00 |
| Prix d’émission et de rachat par action en EUR 1 |  | 85.35 | 89.93 | 101.00 |
| Catégorie (CHF hedged) U-X-acc 3 | LU0390864766 |  |  |  |
| Actions en circulation |  | - | - | 412.3000 |
| Valeur nette d’inventaire par action en CHF |  | - | - | 14 489.91 |
| Prix d’émission et de rachat par action en CHF 1 |  | - | - | 14 489.91 |
| Catégorie U-X-dist | LU0390871035 |  |  |  |
| Actions en circulation | 2 434.8160 | 2 550.8160 | 440.8160 |
| Valeur nette d’inventaire par action en USD | 10 620.70 | 11 353.23 | 12 924.46 |
| Prix d’émission et de rachat par action en USD 1 | 10 620.70 | 11 353.23 | 12 924.46 |
| 1  Voir note 1 2  La catégorie d’actions I-A3-acc était en circulation pour la période allant du 13.8.2020 au 30.8.2021. 3  La catégorie d’actions (CHF hedged) U-X-acc était en circulation jusqu’au 18.10.2021 |  |  |  |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2022

## Structure du portefeuille-titres
Répartition géographique en % de l’actif net	
Etats-Unis	42.34
Grande-Bretagne	10.73
Australie	6.55
France	6.26
Pays-Bas	5.38
Espagne	2.54
Irlande	2.26
Canada	1.28
Allemagne	1.27
Luxembourg	1.16
Norvège	0.86
Belgique	0.84
Inde	0.83
Italie	0.77
Suède	0.76
Japon	0.76
Bermudes	0.74
Hong Kong	0.71
Autriche	0.69
Nouvelle-Zélande	0.66
Iles Caïmans	0.66
Îles Vierges britanniques	0.62
Mexique	0.60
Corée du Sud	0.59
Finlande	0.51
Singapour	0.48
Suisse	0.44
Chine	0.39
Danemark	0.34
Jersey	0.33
Pologne	0.22
Thaïlande	0.21
Chili	0.20
Roumanie	0.18
Arabie saoudite	0.17
Indonésie	0.16
République tchèque	0.15
Répartition économique en % de l’actif net	
Etablissements financiers et sociétés de participation	21.57
Banques & instituts de crédit	21.01
Distribution d’énergie & d’eau	6.21
Assurances	5.20
Télécommunications	4.29
Trafic et transport	3.81
Internet, logiciels et services informatiques	3.13
Pétrole	3.02
Immobilier	2.97
Produits pharmaceutiques, cosmétiques & médicaux	2.28
Tabac et boissons alcoolisées	2.02
Chimie	1.94
Industrie graphique, édition et médias	1.67
Equipement informatique et de réseau	1.59
Services divers	1.39
Commerce de détail, centres commerciaux	1.25
Bâtiment et matériaux de construction	1.04
Soins de santé & services sociaux	0.96
Electronique et semi-conducteurs	0.85
Industrie minière, charbon et acier	0.84
Machines et appareils	0.83
Appareils et composants électriques	0.80
Diverses sociétés non classées	0.72
Véhicules	0.71
Industrie aéronautique et spatiale	0.64
Assurances	0.61
Textiles, habillement & maroquinerie	0.50
Biens de consommation divers	0.33
Biotechnologie	0.31
Emetteurs d’obligations sécurisées (Pfandbriefe) et
sociétés de refinancement	0.30
Alimentation & softs	0.24
Diverses sociétés commerciales	0.20
Fonds de placement	0.18
Industrie de conditionnement	0.12
Total	93.64
Restauration et loisirs	0.11
Total	93.64
UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2022

## Etat des actifs nets
Actif	30.11.2022
USD
Portefeuille-titres, cours d’achat	591 670 179.71
| Portefeuille-titres, plus- (moins-) value non-réalisée | 	-84 123 332.44	 |
| --- | --- |
| Total portefeuille-titres (note 1) | 507 546 847.27 |
| Avoirs en banque, dépôts à vue et à terme | 24 517 019.88 |
| Autres liquidités (marges) | 3 690 105.71 |
| A recevoir sur ventes de titres (note 1) | 1 469 289.47 |
| A recevoir sur souscriptions | 51 734.98 |
| Intérêts à recevoir sur titres | 5 179 219.63 |
| Intérêts à recevoir sur liquidités | 5 087.36 |
| Frais payés d’avance | 207.19 |
| Bénéfice non réalisé sur contrats financiers à terme (note 1) | 85 188.37 |
| Bénéfice non réalisé sur contrats de change à terme (note 1) | 381 186.09 |
| Total Actif | 542 925 885.95 |
|  |  |
| Passif |  |
| A payer sur achats de titres (note 1) | -800 964.91 |
| A payer sur rachats | -36 686.80 |
| Provisions pour commission de gestion forfaitaire (note 2) | -16 361.68 |
| Provisions pour taxe d’abonnement (note 3) | -9 017.92 |
| Provisions pour autres commissions et frais (note 2) | 	-40 728.84	 |
| Total des Provisions pour frais | -66 108.44 |
| Total Passif | -903 760.15 |
|  |  |
| Actifs nets à la fin de la période | 542 022 125.80 |
| Etat des opérations | USD |
| Revenus | 1.6.2022-30.11.2022 |
| Revenus d’intérêts sur liquidités | 185 987.58 |
| Intérêts sur titres | 8 718 407.03 |
| Revenus nets sur prêts de titres (note 11) | 64 321.89 |
| Autres revenus (note 4) | 118 379.62 |
| Total des Revenus | 9 087 096.12 |
|  |  |
| Charges |  |
| Commission de gestion forfaitaire (note 2) | -100 021.33 |
| Taxe d’abonnement (note 3) | -26 204.81 |
| Autres commissions et frais (note 2) | -36 304.15 |
| Charges d’intérêts sur liquidités et crédit en compte courant | -25 216.92 |
| Total des Charges | -187 747.21 |
|  |  |
| Revenus (Pertes) net(te)s des investissements | 8 899 348.91 |
|  |  |
| Bénéfices (pertes) réalisé(e)s (note 1) |  |
| Bénéfice (perte) réalisé(e) sur titres évalués à la valeur de marché hors options | -10 983 498.50 |
| Bénéfice (perte) réalisé(e) sur instruments du marché monétaire et titres évalués en fonction des rendements | 389.80 |
| Bénéfice (perte) réalisé(e) sur contrats financiers à terme | -6 859 538.41 |
| Bénéfice (perte) réalisé(e) sur contrats de change à terme | 5 604 009.89 |
| Bénéfice (perte) réalisé(e) de change réalisé(e) | 1 852 144.55 |
| Total des Bénéfices (pertes) réalisé(e)s | -10 386 492.67 |
|  |  |
| Bénéfice (perte) net(te) réalisé(e) au cours de la période | -1 487 143.76 |
|  |  |
| Variations des plus- (moins-) values non-réalisées (note 1) |  |
| Plus- (Moins-) value non réalisée sur titres évalués à la valeur de marché hors options | -25 205 421.82 |
| Plus- (Moins-) value non réalisée sur instruments du marché monétaire et titres évalués en fonction des rendements	-4 191.53 |
| Plus- (Moins-) value non réalisée sur contrats financiers à terme | 655 266.39 |
| Plus- (Moins-) value non réalisée sur contrats de change à terme | -424 746.51 |
| Total des Variations des plus- (moins-) values non-réalisées | -24 979 093.47 |
|  |  |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -26 466 237.23 |

UBS (Lux) Bond SICAV – Global Corporates (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 | 595 198 859.76 |
| Souscriptions | 18 068 905.14 |
| Rachats | 	-43 747 466.52	 |
| Souscriptions (Rachats) net(te)s | -25 678 561.38 |
| Dividendes versés | -1 031 935.35 |
| Revenus (Pertes) net(te)s des investissements | 8 899 348.91 |
| Total des Bénéfices (pertes) réalisé(e)s | -10 386 492.67 |
| Total des Variations des plus- (moins-) values non-réalisées | 	-24 979 093.47	 |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -26 466 237.23 |
| Actifs nets à la fin de la période | 542 022 125.80 |
| Evolution des actions en circulation |  |
|  | 1.6.2022-30.11.2022 |
| Catégorie | (CHF hedged) I-A1-acc |
| Nombre d’actions en circulation au début de la période | 323 111.6140 |
| Nombre d’actions émises | 20 530.6450 |
| Nombre d’actions rachetées | -21 842.1510 |
| Nombre d’actions en circulation à la fin de la période | 321 800.1080 |
| Catégorie | I-B-acc |
| Nombre d’actions en circulation au début de la période | 35 041.4420 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 35 041.4420 |
| Catégorie | (CHF hedged) I-B-acc |
| Nombre d’actions en circulation au début de la période | 105 880.4800 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -850.1010 |
| Nombre d’actions en circulation à la fin de la période | 105 030.3790 |
| Catégorie | I-X-acc |
| Nombre d’actions en circulation au début de la période | 1 881 346.4980 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -31 873.2890 |
| Nombre d’actions en circulation à la fin de la période | 1 849 473.2090 |
| Catégorie | (CHF hedged) I-X-acc |
| Nombre d’actions en circulation au début de la période | 728 301.8760 |
| Nombre d’actions émises | 3 721.4890 |
| Nombre d’actions rachetées | -56 011.8990 |
| Nombre d’actions en circulation à la fin de la période | 676 011.4660 |
| Catégorie | (EUR hedged) I-X-acc |
| Nombre d’actions en circulation au début de la période | 547 086.3210 |
| Nombre d’actions émises | 121 850.6830 |
| Nombre d’actions rachetées | -223 601.5270 |
| Nombre d’actions en circulation à la fin de la période | 445 335.4770 |
| Catégorie | I-X-UKdist |
| Nombre d’actions en circulation au début de la période | 62 214.8540 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 62 214.8540 |
| Catégorie | P-acc |
| Nombre d’actions en circulation au début de la période | 829.8550 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 829.8550 |
| Catégorie | (EUR hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 100.0000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 100.0000 |
| Catégorie | (EUR hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 100.0000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 100.0000 |
| Catégorie | U-X-dist |
| Nombre d’actions en circulation au début de la période | 2 550.8160 |
| Nombre d’actions émises | 19.0000 |
| Nombre d’actions rachetées | -135.0000 |
| Nombre d’actions en circulation à la fin de la période | 2 434.8160 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2022
| Distribution annuelle 1 |  |
| --- | --- |
| UBS (Lux) Bond SICAV – Global Corporates (USD) | Date de détachement | Date de versement | Devise | Montant par action |
| I-X-UKdist | 15.6.2022 | 21.6.2022 | USD | 3.06 |
| U-X-dist | 1.8.2022 | 4.8.2022 | USD | 343.94 |
| 1  Voir note 5 |  |  |  |  |

UBS (Lux) Bond SICAV – Global Corporates (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 |  |  |  |
| CAD |  |  |  |
| CAD	APPLE INC 2.51300% 17-19.08.24 | 3 400 000.00 | 2 423 397.22 | 0.45 |
| CAD	MCDONALD’S CORP 3.12500% 17-04.03.25 | 850 000.00 | 605 434.87 | 0.11 |
| CAD	WALT DISNEY CO/THE 2.75800% 17-07.10.24 | 1 230 000.00 | 874 320.69 | 0.16 |
| Total CAD |  | 3 903 152.78 | 0.72 |
| EUR |  |  |  |
| EUR	BACARDI LTD-REG-S 2.75000% 13-03.07.23 | 1 050 000.00 | 1 076 883.65 | 0.20 |
| EUR	BOUYGUES SA 3.25000% 22-30.06.37 | 1 100 000.00 | 1 012 951.96 | 0.18 |
| EUR	BP CAPITAL MARKETS BV-REG-S 0.93300% 20-04.12.40 | 1 115 000.00 | 764 997.34 | 0.14 |
| EUR	CELANESE US HOLDINGS LLC 4.77700% 22-19.07.26 | 650 000.00 | 646 641.81 | 0.12 |
| EUR	FISERV INC 1.62500% 19-01.07.30 | 2 100 000.00 | 1 839 023.69 | 0.34 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.12500% 20-11.02.28 | 1 600 000.00 | 1 450 900.41 | 0.27 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.37500% 20-11.02.31 | 1 200 000.00 | 1 020 354.32 | 0.19 |
| EUR	MACIF-REG-S-SUB 0.62500% 21-21.06.27 | 1 000 000.00 | 854 339.73 | 0.16 |
| EUR	NATIONAL GRID ELECTRICITY TRANS-REG-S 0.19000% 20-20.01.25 | 500 000.00 | 482 794.65 | 0.09 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV 4.50000% 18-01.03.25 | 425 000.00 | 422 093.75 | 0.08 |
| EUR	TRITAX EUROBOX PLC-REG-S 0.95000% 21-02.06.26 | 400 000.00 | 337 450.08 | 0.06 |
| EUR	VONOVIA SE-REG-S 2.37500% 22-25.03.32 | 300 000.00 | 257 730.25 | 0.05 |
| Total EUR |  | 10 166 161.64 | 1.88 |
| GBP |  |  |  |
| GBP	BUPA FINANCE PLC-REG-S 1.75000% 20-14.06.27 | 2 500 000.00 | 2 553 646.87 | 0.47 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 4.12500% 20-14.06.35 | 850 000.00 | 806 833.91 | 0.15 |
| Total GBP |  | 3 360 480.78 | 0.62 |
| USD |  |  |  |
| USD	3M CO 2.65000% 20-15.04.25 | 460 000.00 | 440 737.02 | 0.08 |
| USD	ABBOTT LABORATORIES 4.90000% 16-30.11.46 | 1 390 000.00 | 1 394 929.22 | 0.26 |
| USD	ABBVIE INC 4.25000% 18-14.11.28 | 1 100 000.00 | 1 072 481.79 | 0.20 |
| USD	ABBVIE INC 4.40000% 13-06.11.42 | 815 000.00 | 727 957.17 | 0.13 |
| USD	ABBVIE INC 4.87500% 18-14.11.48 | 760 000.00 | 713 230.06 | 0.13 |
| USD	ADOBE INC 2.15000% 20-01.02.27 | 1 830 000.00 | 1 679 734.89 | 0.31 |
| USD	AERCAP IRE CAP LTD/GLB AVIA TRUST 4.50000% 20-15.09.23 | 700 000.00 | 691 332.98 | 0.13 |
| USD	AERCAP IRELAND CAP/ GLBL AVIATION TRUST 6.50000% 20-15.07.25 | 750 000.00 | 757 695.05 | 0.14 |
| USD	AERCAP IRELAND CAPITAL DAC / AERCAP 1.65000% 21-29.10.24 | 2 750 000.00 | 2 530 455.70 | 0.47 |
| USD	AERCAP IRELAND CAPITAL DAC / AERCAP GLO 3.00000% 21-29.10.28 | 550 000.00 | 464 689.17 | 0.09 |
| USD	AIA GROUP LTD-REG-S 5.62500% 22-25.10.27 | 2 130 000.00 | 2 167 504.61 | 0.40 |
| USD	AIR LEASE CORP 3.37500% 20-01.07.25 | 1 150 000.00 | 1 085 231.43 | 0.20 |
| USD	AIR PRODUCTS & CHEMICALS INC 2.05000% 20-15.05.30 | 650 000.00 | 546 019.75 | 0.10 |
| USD	ALBEMARLE CORPORATION 5.45000% 14-01.12.44 | 910 000.00 | 842 928.42 | 0.16 |
| USD	ALIBABA GROUP HOLDING LTD 2.70000% 21-09.02.41 | 720 000.00 | 463 392.00 | 0.09 |
| USD	ALTRIA GROUP INC 4.25000% 12-09.08.42 | 2 310 000.00 | 1 722 390.86 | 0.32 |
| USD	ALTRIA GROUP INC 4.40000% 19-14.02.26 | 434 000.00 | 426 523.20 | 0.08 |
| USD	ALTRIA GROUP INC 4.80000% 19-14.02.29 | 64 000.00 | 61 431.57 | 0.01 |
| USD	ALTRIA GROUP INC 5.95000% 19-14.02.49 | 900 000.00 | 799 357.60 | 0.15 |
| USD	AMAZON.COM INC 2.80000% 18-22.08.24 | 2 530 000.00 | 2 459 886.19 | 0.45 |
| USD	AMAZON.COM INC 3.10000% 21-12.05.51 | 1 080 000.00 | 787 684.41 | 0.15 |
| USD	AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 3 550 000.00 | 3 540 499.10 | 0.65 |
| USD	ANHEUSER-BUSCH COS 3.65000% 19-01.02.26 | 1 170 000.00 | 1 135 338.78 | 0.21 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.75000% 19-23.01.29 | 1 110 000.00 | 1 109 320.30 | 0.20 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.50000% 20-01.06.50 | 1 440 000.00 | 1 301 926.16 | 0.24 |
| USD	ANTHEM INC 2.95000% 17-01.12.22 | 700 000.00 | 700 000.00 | 0.13 |
| USD	ANTHEM INC 3.65000% 17-01.12.27 | 580 000.00 | 551 565.34 | 0.10 |
| USD	APACHE CORP 4.25000% 12-15.01.44 | 1 500 000.00 | 1 050 808.16 | 0.19 |
| USD	APPLE INC 3.85000% 16-04.08.46 | 1 820 000.00 | 1 578 074.35 | 0.29 |
| USD	APT PIPELINES LTD-REG-S 4.20000% 15-23.03.25 | 1 660 000.00 | 1 596 702.70 | 0.29 |
| USD	APT PIPELINES LTD-REG-S 4.25000% 17-15.07.27 | 860 000.00 | 801 488.60 | 0.15 |
| USD	APTIV PLC 2.39600% 22-18.02.25 | 1 095 000.00 | 1 029 887.10 | 0.19 |
| USD	ARCELORMITTAL SA 6.80000% 22-29.11.32 | 1 200 000.00 | 1 212 755.54 | 0.22 |
| USD	AT&T INC 1.65000% 20-01.02.28 | 525 000.00 | 450 694.23 | 0.08 |
| USD	AT&T INC 3.55000% 21-15.09.55 | 1 589 000.00 | 1 114 538.65 | 0.21 |
| USD	AT&T INC 4.35000% 19-01.03.29 | 2 470 000.00 | 2 370 142.74 | 0.44 |
| USD	AT&T INC 4.75000% 15-15.05.46 | 2 090 000.00 | 1 817 699.69 | 0.34 |
| USD	BANCO SANTANDER SA 5.14700% 22-18.08.25 | 1 800 000.00 | 1 788 592.75 | 0.33 |
| USD	BANK OF NOVA SCOTIA/THE 3.45000% 22-11.04.25 | 590 000.00 | 570 873.43 | 0.11 |
| USD	BAT CAPITAL CORP 3.55700% 18-15.08.27 | 840 000.00 | 766 195.98 | 0.14 |
| USD	BOEING CO/THE 2.19600% 21-04.02.26 | 970 000.00 | 881 744.95 | 0.16 |
| USD	BRISTOL MYERS SQUIBB CO 4.25000% 20-26.10.49 | 1 620 000.00 | 1 439 760.99 | 0.27 |
| USD	BURLINGTON NORTHERN SANTA FE LLC 5.40000% 11-01.06.41 | 910 000.00 | 933 310.28 | 0.17 |
| USD	CANADIAN IMPERIAL BANK OF COMMERCE 3.30000% 22-07.04.25 | 915 000.00 | 881 659.93 | 0.16 |
| USD	CANADIAN PACIFIC RAILWAY 3.10000% 21-02.12.51 | 860 000.00 | 604 631.44 | 0.11 |
| USD	CELANESE US HOLDINGS LLC 6.05000% 22-15.03.25 | 1 250 000.00 | 1 243 721.87 | 0.23 |
| USD	CELANESE US HOLDINGS LLC 6.16500% 22-15.07.27 | 1 010 000.00 | 988 536.58 | 0.18 |
| USD	CELANESE US HOLDINGS LLC 5.90000% 22-05.07.24 | 975 000.00 | 969 038.60 | 0.18 |
| USD	CHEVRON USA INC 3.85000% 21-15.01.28 | 650 000.00 | 631 587.37 | 0.12 |
| USD	CIGNA CORP 2.40000% 20-15.03.30 | 600 000.00 | 509 601.28 | 0.09 |
| USD	CIGNA CORP 4.37500% 19-15.10.28 | 1 210 000.00 | 1 179 295.19 | 0.22 |
| USD	CIGNA CORP 4.90000% 19-15.12.48 | 445 000.00 | 410 817.39 | 0.08 |
| USD	CITIGROUP INC 4.65000% 18-23.07.48 | 2 000 000.00 | 1 801 217.64 | 0.33 |
| USD	CITIGROUP INC-SUB 4.60000% 16-09.03.26 | 580 000.00 | 571 821.63 | 0.11 |
| USD	COCA-COLA FEMSA SA 2.75000% 20-22.01.30 | 566 000.00 | 491 712.50 | 0.09 |
| USD	COMCAST CORP 3.95000% 18-15.10.25 | 1 070 000.00 | 1 051 667.67 | 0.19 |
| USD	COMCAST CORP 4.15000% 18-15.10.28 | 960 000.00 | 931 464.06 | 0.17 |
| USD	CORP NACIONAL DEL COBRE DE CHILE-REG-S 3.62500% 17-01.08.27 | 1 140 000.00 | 1 075 020.00 | 0.20 |
| USD	COSTCO WHOLESALE CORP 1.60000% 20-20.04.30 | 365 000.00 | 301 620.60 | 0.06 |
| USD	CVS HEALTH CORP 2.62500% 19-15.08.24 | 550 000.00 | 531 237.70 | 0.10 |

UBS (Lux) Bond SICAV – Global Corporates (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 | CVS HEALTH CORP 5.05000% 18-25.03.48 | 650 000.00 | 603 626.23 | 0.11 |
| USD | CVS HEALTH CORP 5.12500% 15-20.07.45 | 1 390 000.00 | 1 297 842.54 | 0.24 |
| USD | DELL INTERNATIONAL LLC / EMC CORP 8.35000% 21-15.07.46 | 408 000.00 | 476 834.95 | 0.09 |
| USD | DIAGEO CAPITAL PLC 3.87500% 13-29.04.43 | 600 000.00 | 499 863.51 | 0.09 |
| USD | DISCOVERY COMMUNICATIONS LLC 5.30000% 19-15.05.49 | 1 460 000.00 | 1 146 459.45 | 0.21 |
| USD | EATON CORP 4.15000% 13-02.11.42 | 820 000.00 | 714 192.03 | 0.13 |
| USD | ELECTRICITE DE FRANCE-REG-S 6.95000% 09-26.01.39 | 470 000.00 | 483 957.04 | 0.09 |
| USD | ENTERPRISE PRODUCTS OPERATING LLC 4.85000% 13-15.03.44 | 770 000.00 | 687 530.96 | 0.13 |
| USD | EQT CORP 3.90000% 17-01.10.27 | 890 000.00 | 823 883.38 | 0.15 |
| USD | EVERSOURCE ENERGY 1.65000% 20-15.08.30 | 1 520 000.00 | 1 191 074.46 | 0.22 |
| USD | EXELON CORP 3.40000% 16-15.04.26 | 590 000.00 | 564 063.11 | 0.10 |
| USD | FISERV INC 3.20000% 19-01.07.26 | 1 700 000.00 | 1 600 317.16 | 0.30 |
| USD | FLOWSERVE CORP 3.50000% 20-01.10.30 | 1 300 000.00 | 1 088 080.54 | 0.20 |
| USD | FOMENTO ECONOMICO MEXIC SAB DE CV 3.50000% 20-16.01.50 | 1 850 000.00 | 1 313 500.00 | 0.24 |
| USD | GE CAPITAL INTL FUNDING CO 4.41800% 16-15.11.35 | 1 891 000.00 | 1 784 825.32 | 0.33 |
| USD | GENERAL MOTORS CO 5.60000% 22-15.10.32 | 1 830 000.00 | 1 758 836.44 | 0.32 |
| USD | GENERAL MOTORS CO 6.12500% 20-01.10.25 | 1 370 000.00 | 1 387 924.69 | 0.26 |
| USD | GENERAL MOTORS FINANCIAL CO 4.35000% 18-09.04.25 | 1 650 000.00 | 1 614 888.87 | 0.30 |
| USD | GEORGIA POWER CO 2.10000% 20-30.07.23 | 800 000.00 | 783 505.70 | 0.14 |
| USD | GILEAD SCIENCES INC 4.80000% 14-01.04.44 | 1 170 000.00 | 1 099 425.71 | 0.20 |
| USD | GILEAD SCIENCES INC 4.75000% 15-01.03.46 | 650 000.00 | 597 865.06 | 0.11 |
| USD | GOLDMAN SACHS GROUP INC 3.50000% 20-01.04.25 | 3 855 000.00 | 3 730 411.45 | 0.69 |
| USD | HARTFORD FINANCIAL SERVICES GROUP INC 4.40000% 18-15.03.48 | 1 210 000.00 | 1 017 571.75 | 0.19 |
| USD | HOME DEPOT INC 4.95000% 22-15.09.52 | 510 000.00 | 504 695.24 | 0.09 |
| USD | HOME DEPOT INC/THE 4.87500% 13-15.02.44 | 600 000.00 | 582 158.39 | 0.11 |
| USD | HOME DEPOT INC/THE 4.50000% 22-15.09.32 | 400 000.00 | 397 201.58 | 0.07 |
| USD | ILLINOIS TOOL WORKS INC 2.65000% 16-15.11.26 | 1 310 000.00 | 1 223 028.46 | 0.23 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 3.30000% 19-15.05.26 | 1 530 000.00 | 1 460 613.90 | 0.27 |
| USD | JMH CO LTD-REG-S 2.50000% 21-09.04.31 | 2 985 000.00 | 2 412 386.43 | 0.44 |
| USD | JPMORGAN CHASE & CO 3.20000% 13-25.01.23 | 7 550 000.00 | 7 535 350.96 | 1.39 |
| USD | JPMORGAN CHASE & CO-SUB 3.62500% 16-01.12.27 | 1 730 000.00 | 1 624 388.43 | 0.30 |
| USD | KT CORP-REG-S 4.00000% 22-08.08.25 | 655 000.00 | 631 144.90 | 0.12 |
| USD | LLOYDS BANKING GROUP PLC 4.37500% 18-22.03.28 | 1 150 000.00 | 1 080 633.00 | 0.20 |
| USD | LLOYDS BANKING GROUP PLC 4.45000% 18-08.05.25 | 800 000.00 | 782 191.65 | 0.14 |
| USD | LOWE’S COS INC 3.00000% 20-15.10.50 | 760 000.00 | 510 276.01 | 0.09 |
| USD | LSEGA FINANCING PLC-144A 2.50000% 21-06.04.31 | 1 200 000.00 | 1 009 780.60 | 0.19 |
| USD | MASCO CORP 2.00000% 20-01.10.30 | 1 010 000.00 | 792 294.45 | 0.15 |
| USD | MASCO CORP 4.50000% 17-15.05.47 | 700 000.00 | 559 178.55 | 0.10 |
| USD | MASTERCARD INC 2.00000% 19-03.03.25 | 1 340 000.00 | 1 272 934.67 | 0.23 |
| USD | MEITUAN DIANPING-REG-S 3.05000% 20-28.10.30 | 1 950 000.00 | 1 437 881.25 | 0.27 |
| USD | MERCK & CO INC 3.70000% 15-10.02.45 | 315 000.00 | 263 822.78 | 0.05 |
| USD | MEXICHEM SAB DE CV-REG-S 5.50000% 17-15.01.48 | 950 000.00 | 760 000.00 | 0.14 |
| USD | MICROSOFT CORP 2.92100% 21-17.03.52 | 2 010 000.00 | 1 491 129.12 | 0.27 |
| USD | MORGAN STANLEY 6.37500% 12-24.07.42 | 600 000.00 | 664 483.18 | 0.12 |
| USD | MPLX LP 4.95000% 22-01.09.32 | 540 000.00 | 511 126.84 | 0.09 |
| USD | MPLX LP 5.20000% 17-01.03.47 | 900 000.00 | 778 595.12 | 0.14 |
| USD | NATWEST GROUP PLC 4.80000% 16-05.04.26 | 1 100 000.00 | 1 072 071.52 | 0.20 |
| USD | NATWEST GROUP PLC-SUB 6.12500% 12-15.12.22 | 2 020 000.00 | 2 019 755.88 | 0.37 |
| USD | NIKE INC 2.40000% 20-27.03.25 | 270 000.00 | 258 546.88 | 0.05 |
| USD | NTT FINANCE CORP-REG-S 2.06500% 21-03.04.31 | 855 000.00 | 688 446.00 | 0.13 |
| USD | ORACLE CORP 2.50000% 20-01.04.25 | 460 000.00 | 435 098.48 | 0.08 |
| USD | ORACLE CORP 6.15000% 22-09.11.29 | 2 000 000.00 | 2 088 000.44 | 0.39 |
| USD | ORACLE CORP 6.90000% 22-09.11.52 | 1 485 000.00 | 1 644 747.68 | 0.30 |
| USD | PHILIP MORRIS INTERNATIONAL INC 4.25000% 14-10.11.44 | 620 000.00 | 489 802.93 | 0.09 |
| USD | PHILIP MORRIS INTERNATIONAL INC 5.62500% 22-17.11.29 | 760 000.00 | 772 884.84 | 0.14 |
| USD | PLAINS ALL AMERICAN PIPELINE LP 3.80000% 20-15.09.30 | 970 000.00 | 849 697.09 | 0.16 |
| USD | POSCO-REG-S 4.50000% 22-04.08.27 | 700 000.00 | 655 879.00 | 0.12 |
| USD | PUBLIC STORAGE 1.95000% 21-09.11.28 | 1 150 000.00 | 989 460.20 | 0.18 |
| USD | QUALCOMM INC 4.30000% 17-20.05.47 | 650 000.00 | 570 304.39 | 0.11 |
| USD | QUANTA SERVICES INC 2.90000% 20-01.10.30 | 1 210 000.00 | 1 005 778.05 | 0.19 |
| USD | QUANTA SERVICES INC 3.05000% 21-01.10.41 | 1 940 000.00 | 1 304 564.58 | 0.24 |
| USD | RAYTHEON TECHNOLOGIES CORP 2.37500% 21-15.03.32 | 745 000.00 | 611 338.20 | 0.11 |
| USD | RELIANCE INDUSTRIES LTD-REG-S 2.87500% 22-12.01.32 | 745 000.00 | 611 808.90 | 0.11 |
| USD | RELIANCE INDUSTRIES LTD-REG-S 3.62500% 22-12.01.52 | 1 820 000.00 | 1 229 978.75 | 0.23 |
| USD | REYNOLDS AMERICAN INC 5.70000% 15-15.08.35 | 910 000.00 | 840 099.32 | 0.15 |
| USD | ROCHE HOLDINGS INC-REG-S 2.62500% 16-15.05.26 | 1 000 000.00 | 940 278.48 | 0.17 |
| USD | SALESFORCE.COM INC 0.62500% 21-15.07.24 | 1 160 000.00 | 1 088 137.87 | 0.20 |
| USD | SALESFORCE.COM INC 1.50000% 21-15.07.28 | 650 000.00 | 560 460.06 | 0.10 |
| USD | SANTOS FINANCE LTD-REG-S 3.64900% 21-29.04.31 | 800 000.00 | 639 284.64 | 0.12 |
| USD | SAUDI ARABIAN OIL CO-REG-S 1.62500% 20-24.11.25 | 215 000.00 | 196 187.50 | 0.04 |
| USD | SEMPRA ENERGY 6.00000% 09-15.10.39 | 920 000.00 | 928 938.73 | 0.17 |
| USD | SGSP AUSTRALIA ASSETS PTY LTD-REG-S 3.25000% 16-29.07.26 | 1 450 000.00 | 1 331 508.07 | 0.25 |
| USD | SHERWIN-WILLIAMS CO/THE 4.05000% 22-08.08.24 | 315 000.00 | 310 051.51 | 0.06 |
| USD | SOUTHERN CO 3.25000% 16-01.07.26 | 1 120 000.00 | 1 063 689.43 | 0.20 |
| USD | SOUTHERN CO 4.40000% 16-01.07.46 | 705 000.00 | 592 455.96 | 0.11 |
| USD | SOUTHWEST AIRLINES CO 5.12500% 20-15.06.27 | 750 000.00 | 754 581.24 | 0.14 |
| USD | TELEFONICA EMISIONES SA 5.52000% 19-01.03.49 | 3 200 000.00 | 2 736 711.59 | 0.50 |
| USD | TEXAS INSTRUMENTS INC 1.37500% 20-12.03.25 | 900 000.00 | 840 616.94 | 0.16 |
| USD | THERMO FISHER SCIENTIFIC INC 2.80000% 21-15.10.41 | 1 320 000.00 | 993 420.11 | 0.18 |
| USD | THERMO FISHER SCIENTIFIC INC 1.21500% 21-18.10.24 | 1 380 000.00 | 1 291 247.26 | 0.24 |
| USD | UNION PACIFIC CORP 4.05000% 15-15.11.45 | 395 000.00 | 332 774.59 | 0.06 |
| USD | UNITED TECHNOLOGIES CORP 3.95000% 18-16.08.25 | 680 000.00 | 668 714.59 | 0.12 |
| USD | VERISIGN INC 5.25000% 15-01.04.25 | 1 095 000.00 | 1 099 922.86 | 0.20 |
| USD | VERIZON COMMUNICATIONS INC 3.37600% 18-15.02.25 | 600 000.00 | 585 655.51 | 0.11 |
| USD | VERIZON COMMUNICATIONS INC 1.45000% 21-20.03.26 | 970 000.00 | 877 399.04 | 0.16 |
| USD | VERIZON COMMUNICATIONS INC 2.55000% 21-21.03.31 | 1 730 000.00 | 1 442 284.61 | 0.27 |
| USD | VIACOMCBS INC 4.75000% 20-15.05.25 | 1 162 000.00 | 1 151 224.16 | 0.21 |
| USD | VICI PROPERTIES LP 5.62500% 22-15.05.52 | 720 000.00 | 650 008.80 | 0.12 |
| USD | VIRGINIA ELECTRIC & POWER CO 4.00000% 16-15.11.46 | 770 000.00 | 615 547.40 | 0.11 |
| USD | VIRGINIA ELECTRIC & POWER CO 3.80000% 18-01.04.28 | 500 000.00 | 477 219.83 | 0.09 |
| USD | VISA INC 1.90000% 20-15.04.27 | 820 000.00 | 745 222.29 | 0.14 |
| USD | VMWARE INC 1.80000% 21-15.08.28 | 600 000.00 | 495 309.36 | 0.09 |
| USD | VODAFONE GROUP PLC 4.37500% 13-19.02.43 | 450 000.00 | 370 013.79 | 0.07 |
| USD | WALT DISNEY CO 6.20000% 19-15.12.34 | 2 290 000.00 | 2 502 810.84 | 0.46 |

UBS (Lux) Bond SICAV – Global Corporates (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 | WESTPAC BANKING CORP-SUB 4.42100% 19-24.07.39 | 1 250 000.00 | 1 012 876.39 | 0.19 |
| USD | WESTPAC BANKING CORP 2.00000% 20-13.01.23 | 700 000.00 | 698 052.85 | 0.13 |
| USD | WILLIAMS COS INC/THE 4.30000% 14-04.03.24 | 1 560 000.00 | 1 541 622.65 | 0.28 |
| USD | WPP FINANCE 2010 3.75000% 14-19.09.24 | 760 000.00 | 734 335.68 | 0.14 |
| USD | XLIT LTD 5.25000% 13-15.12.43 | 1 003 000.00 | 993 631.98 | 0.18 |
| USD | ZOETIS INC 5.40000% 22-14.11.25 | 1 040 000.00 | 1 055 711.05 | 0.19 |
| Total USD |  |  | 168 760 111.01 | 31.13 |
| Total des Billets, taux fixe |  | 186 189 906.21 | 34.35 |
| Billets, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	ASR NEDERLAND NV-REG-S-SUB 7.000%/VAR 22-07.12.43 | 625 000.00 | 670 711.44 | 0.13 |
| EUR	BARCLAYS PLC-REG-S 0.577%VAR 21-09.08.29 | 1 450 000.00 | 1 188 678.82 | 0.22 |
| EUR	BPCE SA-REG-S-SUB 1.500%/VAR 21-13.01.42 | 1 600 000.00 | 1 407 902.22 | 0.26 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.125%/VAR 22-13.10.26 | 1 245 000.00 | 1 093 057.51 | 0.20 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.875%/VAR 22-02.04.32 | 815 000.00 | 596 526.98 | 0.11 |
| EUR	ENI SPA-REG-S-SUB 3.375%/VAR 20-PRP | 950 000.00 | 816 769.87 | 0.15 |
| EUR	ORSTED AS-REG-S-SUB 5.250%/VAR 22-08.12.22 | 260 000.00 | 267 709.00 | 0.05 |
| EUR	TELEFONICA EUROPE BV-REG-S-SUB 7.125%/VAR 22-PRP | 300 000.00 | 319 465.39 | 0.06 |
| EUR	VIRGIN MONEY UK PLC-REG-S 2.875%/VAR 20-24.06.25 | 1 100 000.00 | 1 083 237.52 | 0.20 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN-REG-S-SUB 4.375%/VAR 22-PRP | 700 000.00 | 601 743.94 | 0.11 |
| Total EUR |  | 8 045 802.69 | 1.49 |
| USD |  |  |  |
| USD	ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 800 000.00 | 679 000.00 | 0.13 |
| USD	BANK OF AMERICA CORP 5.015%/VAR 22-22.07.33 | 1 130 000.00 | 1 090 923.05 | 0.20 |
| USD	BK OF AMERICA CORP 3.004%/VAR 18-20.12.23 | 3 000 000.00 | 2 996 486.16 | 0.55 |
| USD	CITIGROUP INC 2.520%/VAR 21-03.11.32 | 1 940 000.00 | 1 524 417.97 | 0.28 |
| USD	DEUTSCHE BANK AG/NEW YORK NY 2.222%/VAR 20-18.09.24 | 840 000.00 | 805 897.57 | 0.15 |
| USD	ELECTRICITE DE FRANCE SA-REG-S-SUB 5.625%/VAR 14-PRP | 590 000.00 | 555 046.95 | 0.10 |
| USD	FIFTH THIRD BANCORP 6.361%/VAR 22-27.10.28 | 550 000.00 | 569 549.71 | 0.11 |
| USD	GOLDMAN SACHS GROUP INC 3.615%/VAR 22-15.03.28 | 2 090 000.00 | 1 943 768.81 | 0.36 |
| USD	JPMORGAN CHASE & CO 2.739%/VAR 19-15.10.30 | 2 610 000.00 | 2 216 731.64 | 0.41 |
| USD	JPMORGAN CHASE & CO-SUB 2.956%/VAR 20-13.05.31 | 1 730 000.00 | 1 442 625.72 | 0.27 |
| USD	LLOYDS BANKING GROUP PLC 3.574%/3M LIBOR+120.5BP 17-07.11.28 | 1 400 000.00 | 1 249 441.46 | 0.23 |
| USD	MITSUBISHI UFJ FINANCIAL GROUP INC 0.953%/ VAR 21-19.07.25 | 3 700 000.00 | 3 421 971.64 | 0.63 |
| USD	MORGAN STANLEY 0.731%/VAR 21-05.04.24 | 1 850 000.00 | 1 813 283.44 | 0.33 |
| USD	NATWEST GROUP PLC 4.519%/VAR 18-25.06.24 | 1 500 000.00 | 1 484 323.26 | 0.27 |
| USD	PRUDENTIAL PLC-SUB-REG-S 2.950%/VAR 21-03.11.33 | 2 335 000.00 | 1 847 209.16 | 0.34 |
| USD	STANDARD CHARTERED PLC-REG-S 3.885%/VAR 18-15.03.24 | 4 500 000.00 | 4 467 211.78 | 0.82 |
| USD	WESTPAC BANKING CORP-SUB 4.110%/VAR 19-24.07.34 | 1 900 000.00 | 1 611 209.31 | 0.30 |
| Total USD |  | 29 719 097.63 | 5.48 |
| Total des Billets, taux variable |  | 37 764 900.32 | 6.97 |
| Medium-Term Notes, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	AIR NEW ZEALAND LTD 6.50000% 22-25.05.29 | 1 140 000.00 | 758 548.97 | 0.14 |
| AUD	AURIZON NETWORK PTY LTD-REG-S 4.00000% 17-21.06.24 | 640 000.00 | 422 958.95 | 0.08 |
| AUD	AUSGRID FINANCE PTY LTD-REG-S 3.75000% 17-30.10.24 | 1 100 000.00 | 723 748.81 | 0.13 |
| AUD	AUSGRID FINANCE PTY LTD 1.81400% 20-05.02.27 | 3 800 000.00 | 2 203 263.44 | 0.41 |
| AUD	BANCO SANTANDER SA 4.00000% 17-19.01.23 | 2 000 000.00 | 1 338 579.68 | 0.25 |
| AUD	LEND LEASE FINANCE LTD-REG-S 3.7000% 21-31.03.31 | 1 600 000.00 | 846 757.97 | 0.16 |
| AUD	LENDLEASE FINANCE LTD-REG-S 3.40000% 20-27.10.27 | 2 500 000.00 | 1 482 146.55 | 0.27 |
| AUD	OPTUS FINANCE PTY LTD-REG-S 2.50000% 20-01.07.30 | 1 650 000.00 | 899 805.57 | 0.16 |
| AUD	QANTAS AIRWAYS LTD 3.15000% 21-27.09.28 | 920 000.00 | 523 612.98 | 0.10 |
| AUD	TRANSURBAN QUEENSLAND FINANCE PTY LTD 3.25000% 21-05.08.31 | 2 750 000.00 | 1 477 152.26 | 0.27 |
| Total AUD |  | 10 676 575.18 | 1.97 |
| EUR |  |  |  |
| EUR	AEROPORTI DI ROMA SPA-REG-S 1.75000% 21-30.07.31 | 590 000.00 | 466 196.59 | 0.09 |
| EUR	AIR LIQUIDE FINANCE SA-REG-S 2.87500% 22-16.09.32 | 700 000.00 | 710 624.07 | 0.13 |
| EUR	AKELIUS RESIDENTIAL PROPERTY AB-REG-S 1.75000% 17-07.02.25 | 1 200 000.00 | 1 151 052.25 | 0.21 |
| EUR	AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 1 300 000.00 | 1 099 049.85 | 0.20 |
| EUR	ASB FINANCE LTD-REG-S 0.25000% 21-08.09.28 | 1 570 000.00 | 1 309 024.40 | 0.24 |
| EUR	ASTRAZENECA PLC-REG-S 0.37500% 21-03.06.29 | 1 740 000.00 | 1 522 003.13 | 0.28 |
| EUR	AUSTRALIA PACIFIC AIR MELBOUNRE-REG-S 1.75000% 14-15.10.24 | 900 000.00 | 891 697.08 | 0.16 |
| EUR	AUTOROUTES DU SUD DE LA FRANCE SA-REG-S 2.75000% 22-02.09.32 | 1 800 000.00 | 1 791 478.56 | 0.33 |
| EUR	BANQUE FEDER DU CREDIT MUTUEL-REG-S-SUB 3.00000% 15-11.09.25 | 600 000.00 | 613 008.31 | 0.11 |
| EUR	BANQUE FEDERATIVE DU CREDIT MUT-REG-S 1.37500% 20-02.04.30 | 1 100 000.00 | 934 107.76 | 0.17 |
| EUR	CANADIAN IMPERIAL BANK OF COMME-REG-S 0.37500% 22-10.03.26 | 1 135 000.00 | 1 075 850.04 | 0.20 |
| EUR	CANAL DE ISABEL II GESTION SA-REG-S 1.68000% 15-26.02.25 | 600 000.00 | 591 572.22 | 0.11 |
| EUR	CEZ AS-REG-S 2.37500% 22-06.04.27 | 855 000.00 | 807 140.78 | 0.15 |
| EUR	CHORUS LTD 3.62500% 22-07.09.29 | 565 000.00 | 580 237.78 | 0.11 |
| EUR	CNH INDUSTRIAL FINANCE EUROPE SA-REG-S 1.87500% 18-19.01.26 | 1 400 000.00 | 1 366 263.18 | 0.25 |
| EUR	CPI PROPERTY GROUP SA-REG-S 2.75000% 20-12.05.26 | 1 300 000.00 | 1 075 413.83 | 0.20 |
| EUR	CREDIT AGRICOLE SA LONDON 1.25000% 16-14.04.26 | 1 700 000.00 | 1 636 450.13 | 0.30 |
| EUR	CTP NV-REG-S 0.87500% 22-20.01.26 | 1 705 000.00 | 1 438 700.47 | 0.27 |
| EUR	DAIMLER TRUCK INTERNATIONAL FIN-REG-S 1.25000% 22-06.04.25 | 1 000 000.00 | 980 838.42 | 0.18 |
| EUR	DANFOSS FINANCE I BV-REG-S 0.12500% 21-28.04.26 | 1 430 000.00 | 1 312 570.54 | 0.24 |
| EUR	DANSKE BANK AS-REG-S-SUB 1.50000% 20-02.09.30 | 680 000.00 | 629 755.11 | 0.12 |
| EUR	DNB BANK ASA-REG-S 0.05000% 19-14.11.23 | 1 100 000.00 | 1 103 336.91 | 0.20 |
| EUR	E.ON SE-REG-S 0.87500% 22-08.01.25 | 250 000.00 | 246 235.14 | 0.05 |
| EUR	EDP FINANCE BV-REG-S 3.87500% 22-11.03.30 | 470 000.00 | 491 678.47 | 0.09 |
| EUR	ELECTRICITE DE FRANCE-REG-S 2.00000% 19-09.12.49 | 1 100 000.00 | 746 830.47 | 0.14 |
| EUR	ELENIA VERKKO OYJ-REG-S 0.37500% 20-06.02.27 | 800 000.00 | 705 950.72 | 0.13 |
| EUR	ELIA TRANSMISSION BELGIUM SA-REG-S 0.87500% 20-28.04.30 | 600 000.00 | 511 320.07 | 0.09 |
| EUR	ENBW INTERNATIONAL FINANCE BV-REG-S 4.04900% 22-22.11.29 | 635 000.00 | 666 672.85 | 0.12 |
| EUR	EUROGRID GMBH-REG-S 3.27900% 22-05.09.31 | 600 000.00 | 614 497.18 | 0.11 |
| EUR	FERROVIE DELLO STATO ITALIANE SPA-REG-S 3.75000% 22-14.04.27 | 1 645 000.00 | 1 657 595.23 | 0.31 |

UBS (Lux) Bond SICAV – Global Corporates (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) |  |
|  |  |  |  |  |
| EUR | FORD MOTOR CREDIT CO LLC 3.02100% 19-06.03.24 | 715 000.00 | 720 386.18 | 0.13 |
| EUR | GAS NETWORKS IRELAND-REG-S 1.37500% 16-05.12.26 | 700 000.00 | 669 408.42 | 0.12 |
| EUR | GAS NETWORKS IRELAND-REG-S 0.12500% 19-04.12.24 | 850 000.00 | 820 161.01 | 0.15 |
| EUR | GLOBALWORTH REAL ESTATE INVEST-REG-S 3.00000% 18-29.03.25 | 1 100 000.00 | 992 666.26 | 0.18 |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 1.62500% 16-27.07.26 | 1 630 000.00 | 1 577 297.43 | 0.29 |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 2.00000% 18-01.11.28 | 810 000.00 | 754 654.83 | 0.14 |
| EUR | KBC GROUP NV-REG-S 1.12500% 19-25.01.24 | 800 000.00 | 806 421.88 | 0.15 |
| EUR | KONINKLIJKE KPN NV-REG-S 0.87500% 21-15.11.33 | 1 700 000.00 | 1 313 157.33 | 0.24 |
| EUR | LINDE PLC-REG-S 1.37500% 22-31.03.31 | 2 400 000.00 | 2 176 113.38 | 0.40 |
| EUR | LSEG NETHERLANDS BV-REG-S 0.25000% 21-06.04.28 | 670 000.00 | 584 993.53 | 0.11 |
| EUR | LSEG NETHERLANDS BV-REG-S 0.75000% 21-06.04.33 | 600 000.00 | 476 365.51 | 0.09 |
| EUR | NEW YORK LIFE GLOBAL FUNDING-REG-S 0.25000% 20-23.01.27 | 1 000 000.00 | 908 278.98 | 0.17 |
| EUR | NN GROUP NV-REG-S 0.87500% 17-13.01.23 | 850 000.00 | 873 996.47 | 0.16 |
| EUR | OP CORPORATE BANK PLC 4.12500% 22-18.04.27 | 1 000 000.00 | 1 059 544.86 | 0.20 |
| EUR | ORANO SA-REG-S 5.37500% 22-15.05.27 | 900 000.00 | 958 377.63 | 0.18 |
| EUR | ORSTED AS REG-S 3.25000% 22-13.09.31 | 600 000.00 | 611 077.09 | 0.11 |
| EUR | P3 GROUP SARL-REG-S 0.87500% 22-26.01.26 | 1 085 000.00 | 922 339.54 | 0.17 |
| EUR | RAIFFEISEN BANK INTERNATIONAL AG-REG-S 0.25000% 20-22.01.25 | 2 400 000.00 | 2 246 605.69 | 0.41 |
| EUR | RAIFFEISEN BANK INTERNATIONAL AG-REG-S 4.12500% 22-08.09.25 | 600 000.00 | 609 820.51 | 0.11 |
| EUR | REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 1 900 000.00 | 1 768 965.06 | 0.33 |
| EUR | REN FINANCE B V-REG-S 2.50000% 15-12.02.25 | 1 300 000.00 | 1 308 101.14 | 0.24 |
| EUR | RENTOKIL INITIAL FINANCE BV-REG-S 4.37500% 22-27.06.30 | 555 000.00 | 588 536.56 | 0.11 |
| EUR | ROYAL BANK OF CANADA-REG-S 0.62500% 22-23.03.26 | 1 180 000.00 | 1 128 249.08 | 0.21 |
| EUR | RTE EDF TRANSPORT SA-REG-S 1.00000% 16-19.10.26 | 800 000.00 | 752 847.14 | 0.14 |
| EUR | RWE AG-REG-S 2.75000% 22-24.05.30 | 1 375 000.00 | 1 327 841.01 | 0.25 |
| EUR | RYANAIR DAC-REG-S 0.87500% 21-25.05.26 | 1 545 000.00 | 1 442 068.59 | 0.27 |
| EUR | SELP FINANCE SARL-REG-S 3.75000% 22-10.08.27 | 605 000.00 | 588 686.62 | 0.11 |
| EUR | SVENSKA HANDELSBANKEN AB-REG-S 1.00000% 20-15.04.25 | 500 000.00 | 491 720.69 | 0.09 |
| EUR | TELEFONAKTIEBOLAGET LM ERICSSON-REG-S 1.12500% 22-08.02.27 | 2 785 000.00 | 2 476 111.09 | 0.46 |
| EUR | TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.99400% 20-08.04.32 | 600 000.00 | 564 640.29 | 0.10 |
| EUR | UNICAJA BANCO SA-REG-S 4.50000% 22-30.06.25 | 900 000.00 | 922 029.33 | 0.17 |
| EUR | VODAFONE GROUP PLC-REG-S 2.50000% 19-24.05.39 | 1 350 000.00 | 1 127 601.42 | 0.21 |
| EUR | VONOVIA SE-REG-S 0.37500% 21-16.06.27 | 700 000.00 | 601 545.01 | 0.11 |
| EUR | VONOVIA SE-REG-S 1.62500% 21-01.09.51 | 500 000.00 | 287 070.54 | 0.05 |
| EUR | VONOVIA SE-REG-S 5.00000% 22-23.11.30 | 400 000.00 | 419 922.57 | 0.08 |
| EUR | WESTERN POWER DISTRIBUTION EAST-REG-S 3.94900% 22-20.09.32 | 505 000.00 | 529 924.50 | 0.10 |
| Total EUR |  |  | 64 134 678.71 | 11.83 |
| GBP |  |  |  |  |
| GBP | ANGLIAN WATER SERVICES FINANCING-REG-S 4.50000% 13-22.02.26 | 700 000.00 | 827 788.40 | 0.15 |
| GBP | ANNINGTON FUNDING PLC-REG-S 4.75000% 22-09.08.33 | 1 120 000.00 | 1 212 212.73 | 0.22 |
| GBP | BAT CAPITAL CORP-REG-S 2.12500% 17-15.08.25 | 2 380 000.00 | 2 587 453.80 | 0.48 |
| GBP | BAT INTERNATIONAL FINANCE PLC-REG-S 2.25000% 16-09.09.52 | 550 000.00 | 299 174.20 | 0.06 |
| GBP | CADENT FINANCE PLC-REG-S 2.75000% 16-22.09.46 | 850 000.00 | 662 377.63 | 0.12 |
| GBP | GATWICK FUNDING LTD 5.25000% 12-23.01.26 | 650 000.00 | 769 918.83 | 0.14 |
| GBP | LLOYDS BANKING GROUP PLC 2.25000% 17-16.10.24 | 800 000.00 | 901 233.11 | 0.17 |
| GBP | MACQUARIE GROUP LTD-REG-S 4.08000% 22-31.05.29 | 1 120 000.00 | 1 197 973.00 | 0.22 |
| GBP | TELEFONICA EMISIONES SA 5.28900% 09-09.12.22 | 2 200 000.00 | 2 620 152.92 | 0.48 |
| GBP | THAMES WATER UTILITIES FINANCE PLC 5.12500% 06-28.09.37 | 800 000.00 | 909 568.92 | 0.17 |
| GBP | VICINITY CENTRES TRUST-REG-S 3.37500% 16-07.04.26 | 600 000.00 | 662 342.86 | 0.12 |
| GBP | WESTERN POWER DISTRIBUTION WEST MIDLAND 5.75000% 11-16.04.32 | 410 000.00 | 507 897.76 | 0.10 |
| Total GBP |  |  | 13 158 094.16 | 2.43 |
| USD |  |  |  |  |
| USD | BANK OF AMERICA CORP 3.87500% 15-01.08.25 | 6 990 000.00 | 6 891 824.55 | 1.27 |
| USD | CASTLE PEAK POWER FINANCE CO LTD-REG-S 2.12500% 21-03.03.31 | 1 215 000.00 | 961 086.62 | 0.18 |
| USD | GC TREASURY CENTER CO LTD-REG-S 4.40000% 22-30.03.32 | 970 000.00 | 858 469.40 | 0.16 |
| USD | GC TREASURY CENTER CO LTD-REG-S 5.20000% 22-30.03.52 | 350 000.00 | 279 956.25 | 0.05 |
| USD | GENERAL ELECTRIC CO 6.75000% 02-15.03.32 | 652 000.00 | 739 848.11 | 0.14 |
| USD | INDIAN RAILWAY FINANCE CORP LTD-REG-S 2.80000% 21-10.02.31 | 1 210 000.00 | 992 429.90 | 0.18 |
| USD | JOHN DEERE CAPITAL CORP 3.35000% 22-18.04.29 | 2 950 000.00 | 2 753 050.51 | 0.51 |
| USD | MIRVAC GROUP FINANCE LTD-REG-S 3.62500% 17-18.03.27 | 2 520 000.00 | 2 322 343.40 | 0.43 |
| USD | MORGAN STANLEY 4.00000% 15-23.07.25 | 2 420 000.00 | 2 370 406.68 | 0.44 |
| USD | MORGAN STANLEY-SUB 4.35000% 14-08.09.26 | 1 090 000.00 | 1 061 227.18 | 0.20 |
| USD | OVERSEA-CHINESE BANKING CORP-REG-S-SUB 4.25000% 14-19.06.24 | 1 800 000.00 | 1 769 226.48 | 0.33 |
| USD | PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 5.37500% 17-06.07.27 | 785 000.00 | 714 921.48 | 0.13 |
| USD | REC LTD-REG-S 2.25000% 21-01.09.26 | 1 920 000.00 | 1 686 360.00 | 0.31 |
| USD | SAUDI ARABIAN OIL CO-REG-S 3.50000% 19-16.04.29 | 800 000.00 | 740 000.00 | 0.14 |
| USD | SHINHAN BANK CO LTD-REG-S-SUB 4.37500% 22-13.04.32 | 945 000.00 | 836 258.85 | 0.15 |
| USD | SUN HUNG KAI PROP CAP MRKT LTD-REG-S 2.87500% 20-21.01.30 | 2 000 000.00 | 1 700 809.67 | 0.31 |
| USD | TENCENT HOLDINGS LTD-REG-S 4.52500% 19-11.04.49 | 2 150 000.00 | 1 657 246.87 | 0.30 |
| USD | TORONTO-DOMINION BANK 2.35000% 22-08.03.24 | 1 200 000.00 | 1 161 305.40 | 0.21 |
| USD | WALT DISNEY CO/THE 1.85000% 16-30.07.26 | 1 500 000.00 | 1 364 614.17 | 0.25 |
| Total USD |  |  | 30 861 385.52 | 5.69 |
| Total des Medium-Term Notes, taux fixe |  | 118 830 733.57 | 21.92 |
| Medium-Term Notes, coupon zéro |  |  |  |
| EUR |  |  |  |
| EUR	APRR SA-REG-S 0.00000% 20-20.01.23 | 1 900 000.00 | 1 951 608.49 | 0.36 |
| EUR	NOVO NORDISK FINANCE NETHERLANDS BV 0.00000% 21-04.06.24 | 1 070 000.00 | 1 056 084.89 | 0.20 |
| EUR	SIEMENS FINANCIERINGSMAATSCH NV-REG-S 0.00000% 20-20.02.23 | 1 700 000.00 | 1 742 395.15 | 0.32 |
| EUR	STEDIN HOLDING NV-REG-S 0.00000% 21-16.11.26 | 740 000.00 | 672 009.10 | 0.12 |
| Total EUR |  | 5 422 097.63 | 1.00 |
| Total des Medium-Term Notes, coupon zéro |  | 5 422 097.63 | 1.00 |
| Medium-Term Notes, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	ABANCA CORP BANCARIA SA-REG-S 0.500%/VAR 21-08.09.27 | 1 100 000.00 | 953 648.88 | 0.18 |
| EUR	ALLIANZ SE-REG-S-SUB 4.750%/3M EURIBOR+360BP 13-PRP | 300 000.00 | 307 004.56 | 0.06 |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 1 700 000.00 | 1 588 296.49 | 0.29 |
| EUR	AXA SA-REG-S-SUB 3.375%/VAR 16-06.07.47 | 1 200 000.00 | 1 158 964.16 | 0.21 |

UBS (Lux) Bond SICAV – Global Corporates (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) |  |
|  |  |  |  |  |
| EUR | BANCO DE SABADELL SA-REG-S 2.625%/VAR 22-24.03.26 | 400 000.00 | 387 363.39 | 0.07 |
| EUR | BANK OF IRELAND GROUP PLC-REG-S 1.875%/VAR 22-05.06.26 | 930 000.00 | 888 567.85 | 0.16 |
| EUR | BARCLAYS PLC-REG-S 3.375%/VAR 20-02.04.25 | 1 200 000.00 | 1 222 606.41 | 0.23 |
| EUR | BNP PARIBAS SA-REG-S 2.750%/VAR 22-25.07.28 | 1 200 000.00 | 1 157 787.88 | 0.21 |
| EUR | CAIXABANK SA-REG-S 0.750%/VAR 20-10.07.26 | 1 000 000.00 | 950 377.25 | 0.17 |
| EUR | COMMONWEALTH BK OF AUSTRLIA-REG-S-SUB 1.936%/VAR 17-03.10.29 | 900 000.00 | 876 708.88 | 0.16 |
| EUR | CREDIT AGRICOLE SA-REG-S 1.000%/VAR 20-22.04.26 | 1 600 000.00 | 1 541 311.91 | 0.28 |
| EUR | CREDIT SUISSE GROUP AG-REG-S 0.650%/VAR 20-14.01.28 | 900 000.00 | 691 939.01 | 0.13 |
| EUR | DBS GROUP HOLDINGS LTD-REG-S-SUB 1.500%/VAR 18-11.04.28 | 840 000.00 | 853 480.60 | 0.16 |
| EUR | DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 900 000.00 | 862 095.05 | 0.16 |
| EUR | DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 700 000.00 | 571 736.02 | 0.11 |
| EUR | IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 1 100 000.00 | 1 099 907.35 | 0.20 |
| EUR | KBC GROUP NV-REG-S 4.375%/VAR 22-23.11.27 | 1 300 000.00 | 1 353 025.38 | 0.25 |
| EUR | TOTAL SE-REG-S-SUB 2.625%/VAR 15-PRP | 700 000.00 | 681 974.05 | 0.13 |
| EUR | TOTAL SE-REG-S-SUB 2.125%/VAR 21-PRP | 1 300 000.00 | 977 807.13 | 0.18 |
| Total EUR |  |  | 18 124 602.25 | 3.34 |
| GBP |  |  |  |  |
| GBP | AVIVA PLC-REG-S-SUB 5.125%VAR 15-04.06.50 | 1 000 000.00 | 1 082 144.63 | 0.20 |
| GBP | CYBG PLC-REG-S 3.375%/VAR 18-24.04.26 | 850 000.00 | 925 042.18 | 0.17 |
| GBP | M&G PLC-REG-S-SUB 5.000%/VAR 15-20.07.55 | 750 000.00 | 781 528.12 | 0.15 |
| GBP | YORKSHIRE WATER SERVICES FIN-REG-S 3.750%/VAR 10-22.03.46 | 550 000.00 | 649 243.58 | 0.12 |
| Total GBP |  |  | 3 437 958.51 | 0.64 |
| USD |  |  |  |  |
| USD | BANK OF AMERICA CORP 3.384%/VAR 22-02.04.26 | 2 040 000.00 | 1 942 537.94 | 0.36 |
| USD | MORGAN STANLEY 2.239%/VAR 21-21.07.32 | 3 560 000.00 | 2 776 297.32 | 0.51 |
| USD | WELLS FARGO & CO 3.526%/VAR 22-24.03.28 | 2 180 000.00 | 2 024 993.39 | 0.37 |
| Total USD |  |  | 6 743 828.65 | 1.24 |
| Total des Medium-Term Notes, taux variable |  | 28 306 389.41 | 5.22 |
| Obligations, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	ABBOTT IRELAND FINCING DAC-REG-S 0.87500% 18-27.09.23 | 1 000 000.00 | 1 014 967.20 | 0.19 |
| EUR	ALSTRIA OFFICE REIT-AG-REG-S 1.50000% 20-23.06.26 | 900 000.00 | 734 516.47 | 0.14 |
| EUR	AUTOSTRADE PER L’ITALIA SPA REG-S 2.00000% 21-15.01.30 | 1 450 000.00 | 1 221 004.01 | 0.22 |
| EUR	BOUYGUES SA-REG-S 4.62500% 22-07.06.32 | 3 200 000.00 | 3 493 594.21 | 0.64 |
| EUR	BPCE SA-REG-S 0.25000% 20-15.01.26 | 2 300 000.00 | 2 156 388.38 | 0.40 |
| EUR	CHUBB INA HOLDINGS INC 2.50000% 18-15.03.38 | 1 900 000.00 | 1 589 561.31 | 0.29 |
| EUR	FCC AQUALIA SA-REG-S 2.62900% 17-08.06.27 | 825 000.00 | 785 658.21 | 0.14 |
| EUR	IMPERIAL BRANDS FINANCE PLC-REG-S 1.37500% 17-27.01.25 | 1 150 000.00 | 1 130 637.87 | 0.21 |
| EUR	LIBERTY MUTUAL GROUP INC-REG-S 2.75000% 16-04.05.26 | 650 000.00 | 644 664.68 | 0.12 |
| EUR	MAPFRE SA-REG-S-SUB 2.87500% 22-13.04.30 | 800 000.00 | 694 301.31 | 0.13 |
| EUR	POSCO-REG-S 0.50000% 20-17.01.24 | 1 070 000.00 | 1 050 977.26 | 0.19 |
| EUR	RESA SA/BELGIUM-REG-S 1.00000% 16-22.07.26 | 800 000.00 | 753 089.30 | 0.14 |
| EUR	TAURON POLSKA ENERGIA SA-REG-S 2.37500% 17-05.07.27 | 1 400 000.00 | 1 167 893.38 | 0.22 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV-REG-S 1.12500% 16-15.10.24 | 1 450 000.00 | 1 387 829.84 | 0.26 |
| EUR	TRANSPORT ET INFRASTRUCTURES GAZ-REG-S 2.20000% 15-05.08.25 | 700 000.00 | 702 051.40 | 0.13 |
| EUR	UMG GROUPE VYV 1.62500% 19-02.07.29 | 800 000.00 | 703 275.66 | 0.13 |
| EUR	UTAH ACQUISITION SUB INC-REG-S 3.12500% 16-22.11.28 | 500 000.00 | 470 460.47 | 0.09 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 1.12500% 17-02.10.23 | 1 700 000.00 | 1 722 437.03 | 0.32 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 4.12500% 18-16.11.38 | 1 500 000.00 | 1 528 940.67 | 0.28 |
| EUR	VVO-YHTYMA OYJ-REG-S 1.62500% 16-17.10.23 | 1 000 000.00 | 1 002 351.20 | 0.18 |
| Total EUR |  | 23 954 599.86 | 4.42 |
| GBP |  |  |  |
| GBP	BERKELEY GROUP PLC/THE-REG-S 2.50000% 21-11.08.31 | 845 000.00 | 670 961.55 | 0.13 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 5.00000% 13-25.04.23 | 53 000.00 | 63 013.55 | 0.01 |
| GBP	CE ELECTRIC UK FUNDING COMPANY 7.25000% 97-15.12.22 | 2 050 000.00 | 2 443 859.59 | 0.45 |
| GBP	DERWENT LONDON PLC-REG-S 1.87500% 21-17.11.31 | 1 465 000.00 | 1 265 973.33 | 0.23 |
| GBP	HISCOX LTD-REG-S 2.00000% 18-14.12.22 | 1 500 000.00 | 1 783 545.43 | 0.33 |
| GBP	NORTHUMBRIAN WATER FINANCE PLC-REG-S 1.62500% 16-11.10.26 | 650 000.00 | 683 436.55 | 0.13 |
| GBP	ROTHESAY LIFE PLC-REG-S-SUB 3.37500% 19-12.07.26 | 2 270 000.00 | 2 433 008.70 | 0.45 |
| GBP	SCOTTISH WIDOWS PLC-REG-S-SUB 5.50000% 13-16.06.23 | 950 000.00 | 1 131 355.00 | 0.21 |
| Total GBP |  | 10 475 153.70 | 1.94 |
| USD |  |  |  |
| USD	BALTIMORE GAS & ELECTRIC CO 3.50000% 16-15.08.46 | 860 000.00 | 649 083.67 | 0.12 |
| USD	CITIGROUP INC 3.87500% 13-25.10.23 | 4 730 000.00 | 4 694 037.15 | 0.86 |
| USD	CONSUMERS ENERGY COMPANY 3.25000% 16-15.08.46 | 450 000.00 | 327 577.33 | 0.06 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 2.70000% 21-12.07.26 | 1 235 000.00 | 549 575.00 | 0.10 |
| USD	DUKE ENERGY CAROLINAS LLC 4.00000% 12-30.09.42 | 1 220 000.00 | 1 024 642.31 | 0.19 |
| USD	GOLDMAN SACHS GROUP INC-SUB 5.15000% 15-22.05.45 | 1 210 000.00 | 1 152 421.26 | 0.21 |
| USD	KROGER CO 3.70000% 17-01.08.27 | 570 000.00 | 541 984.98 | 0.10 |
| USD	MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 937 000.00 | 688 695.00 | 0.13 |
| USD	NATL RURAL UTIL COOPERATIVE FIN CORP 3.70000% 19-15.03.29 | 510 000.00 | 467 238.45 | 0.09 |
| USD	PACIFICORP 6.00000% 09-15.01.39 | 1 120 000.00 | 1 173 652.24 | 0.22 |
| USD	PHILLIPS 66 4.65000% 14-15.11.34 | 600 000.00 | 568 245.35 | 0.10 |
| USD	REYNOLDS AMERICAN INC 4.45000% 15-12.06.25 | 990 000.00 | 972 181.93 | 0.18 |
| USD	SHELL INTERNATIONAL FINANCE BV 4.37500% 15-11.05.45 | 770 000.00 | 691 409.57 | 0.13 |
| USD	SOUTHERN CALIFORNIA EDISON CO 4.00000% 17-01.04.47 | 870 000.00 | 683 102.42 | 0.12 |
| USD	SOUTHERN CALIFORNIA EDISON CO 3.70000% 18-01.08.25 | 600 000.00 | 583 293.96 | 0.11 |
| USD	SOUTHERN CALIFORNIA EDISON CO 2.85000% 19-01.08.29 | 750 000.00 | 655 949.82 | 0.12 |
| USD	STAR ENERGY GEOTHERMAL DARAJAT II-REG-S 4.85000% 20-14.10.38 | 1 055 000.00 | 854 418.12 | 0.16 |
| USD	TIME WARNER CABLE LLC 4.50000% 12-15.09.42 | 730 000.00 | 547 990.41 | 0.10 |
| Total USD |  | 16 825 498.97 | 3.10 |
| Total des Obligations, taux fixe |  | 51 255 252.53 | 9.46 |

UBS (Lux) Bond SICAV – Global Corporates (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) |  |
| Obligations, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	AG INSURANCE SA/NV-REG-S-SUB 3.500%/VAR 15-30.06.47 | 1 200 000.00 | 1 120 794.62 | 0.21 |
| EUR	ALLIANDER NV-REG-S-SUB 1.625%/VAR 18-PRP | 400 000.00 | 376 851.90 | 0.07 |
| EUR	BP CAPITAL MARKETS PLC-REG-S 3.250%/VAR 20-PRP | 1 200 000.00 | 1 136 733.60 | 0.21 |
| EUR	BP CAPITAL MARKETS PLC-REG-S-SUB 3.625%/VAR 20-PRP | 1 000 000.00 | 884 623.80 | 0.16 |
| EUR	ELECTRICITE DE FRANCE SA-REG-S-SUB 4.000%/VAR 18-PRP | 800 000.00 | 771 207.85 | 0.14 |
| EUR	ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 650 000.00 | 620 643.16 | 0.11 |
| EUR	OMV AG-REG-S-SUB 2.875%/VAR 18-PRP | 900 000.00 | 894 649.50 | 0.17 |
| EUR	ORSTED A/S-REG-S-SUB 2.250%/VAR 17-24.11.3017 | 340 000.00 | 330 402.95 | 0.06 |
| EUR	RABOBANK NEDERLAND NV-REG-S-SUB 3.250%/VAR 19-PRP | 600 000.00 | 532 843.88 | 0.10 |
| EUR	SOCIETE GENERALE SA-REG-S 0.500%/VAR 21-12.06.29 | 1 000 000.00 | 835 867.82 | 0.15 |
| EUR	SWISS LIFE AG VIA DEMETER INV BV-SUB 4.375%/VAR 15-PRP | 1 200 000.00 | 1 198 512.60 | 0.22 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.125%/VAR 18-PRP | 600 000.00 | 531 361.18 | 0.10 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.875%/VAR 18-PRP | 600 000.00 | 469 551.29 | 0.09 |
| EUR	VOLKSWAGEN INTL FINANCE NV-REG-S-SUB 3.375%/VAR 18-PRP | 1 500 000.00 | 1 463 390.06 | 0.27 |
| Total EUR |  | 11 167 434.21 | 2.06 |
| GBP |  |  |  |
| GBP	M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 2 000 000.00 | 2 189 517.29 | 0.41 |
| Total GBP |  | 2 189 517.29 | 0.41 |
| USD |  |  |  |
| USD	BP CAPITAL MARKETS PLC-SUB 4.875%/VAR 20-PRP | 1 000 000.00 | 879 750.00 | 0.16 |
| USD	QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 2 500 000.00 | 2 384 750.00 | 0.44 |
| USD	SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 1 800 000.00 | 1 340 899.20 | 0.25 |
| USD	WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 1 630 000.00 | 1 362 556.12 | 0.25 |
| Total USD |  | 5 967 955.32 | 1.10 |
| Total des Obligations, taux variable |  | 19 324 906.82 | 3.57 |
| Total des Titres et instruments du marché monétaire négociés sur une bourse officielle |  | 447 094 186.49 | 82.49 |
| Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  |  |  |
| Billets, taux fixe |  |  |  |
| CAD |  |  |  |
| CAD	METROPOLITAN LIFE GLOBAL FUNDIN I-REG-S 1.95000% 21-20.03.28 | 2 520 000.00 | 1 618 184.99 | 0.30 |
| CAD	PEPSICO INC 2.15000% 17-06.05.24 | 1 130 000.00 | 806 120.02 | 0.15 |
| Total CAD |  | 2 424 305.01 | 0.45 |
| USD |  |  |  |
| USD	AKER BP ASA-144A 3.00000% 20-15.01.25 | 1 200 000.00 | 1 135 401.64 | 0.21 |
| USD	AKER BP ASA-144A 4.00000% 20-15.01.31 | 2 250 000.00 | 1 998 313.34 | 0.37 |
| USD	ALCON FINANCE CORP-144A 5.75000% 22-06.12.52 | 535 000.00 | 541 215.44 | 0.10 |
| USD	AUSTRALIA & NEW ZEALAND BNK-REG-S-SUB 4.50000% 14-19.03.24 | 1 000 000.00 | 985 892.90 | 0.18 |
| USD	AVOLON HOLDINGS FUNDING LTD-144A 2.12500% 21-21.02.26 | 700 000.00 | 596 512.00 | 0.11 |
| USD	BAXTER INTERNATIONAL INC 2.27200% 22-01.12.28 | 920 000.00 | 794 839.40 | 0.15 |
| USD	BROADCOM INC-144A 1.95000% 21-15.02.28 | 620 000.00 | 524 027.09 | 0.10 |
| USD	BROADCOM INC-144A 2.60000% 21-15.02.33 | 2 150 000.00 | 1 624 563.02 | 0.30 |
| USD	BROADCOM INC-144A 3.41900% 21-15.04.33 | 1 250 000.00 | 1 015 662.71 | 0.19 |
| USD	CAMERON LNG LLC-144A 3.30200% 19-15.01.35 | 1 060 000.00 | 876 090.13 | 0.16 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 3.30000% 18-01.05.23 | 2 600 000.00 | 2 573 674.87 | 0.47 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 5.12500% 20-01.04.25 | 870 000.00 | 872 724.74 | 0.16 |
| USD	COLONIAL ENTERPRISES INC-144A 3.25000% 20-15.05.30 | 730 000.00 | 638 987.46 | 0.12 |
| USD	COMCAST CORP 2.93700% 22-01.11.56 | 3 129 000.00 | 2 028 195.90 | 0.37 |
| USD	CONTINENTAL RESOURCES-144A 2.26800% 21-15.11.26 | 920 000.00 | 795 487.20 | 0.15 |
| USD	CSL FINANCE PLC-144A 4.05000% 22-27.04.29 | 1 995 000.00 | 1 884 544.03 | 0.35 |
| USD	DELL INTERNATIONAL LLC / EMC CORP 5.85000% 21-15.07.25 | 640 000.00 | 650 057.24 | 0.12 |
| USD	DELL INTERNATIONAL LLC / EMC CORP 5.30000% 21-01.10.29 | 2 430 000.00 | 2 403 701.71 | 0.44 |
| USD	ENEL FINANCE INTERNATIONAL NV-144A 7.50000% 22-14.10.32 | 760 000.00 | 816 879.34 | 0.15 |
| USD	EQT CORP-144A 3.12500% 21-15.05.26 | 600 000.00 | 553 878.20 | 0.10 |
| USD	ERAC USA FINANCE LLC-144A 5.62500% 12-15.03.42 | 870 000.00 | 825 220.51 | 0.15 |
| USD	EXELON CORP-144A 2.75000% 22-15.03.27 | 660 000.00 | 608 347.14 | 0.11 |
| USD	HCA INC-144A 3.62500% 22-15.03.32 | 635 000.00 | 542 826.43 | 0.10 |
| USD	HONEYWELL INTERNATIONAL INC 4.95000% 22-15.02.28 | 1 290 000.00 | 1 316 035.75 | 0.24 |
| USD	INFOR INC-144A 1.75000% 20-15.07.25 | 750 000.00 | 680 808.30 | 0.13 |
| USD	KINDER MORGAN INC-144A 5.62500% 13-15.11.23 | 1 750 000.00 | 1 749 557.76 | 0.32 |
| USD	LIBERTY MUTUAL GROUP INC-144A 4.56900% 19-01.02.29 | 1 010 000.00 | 938 695.81 | 0.17 |
| USD	LUNDIN ENERGY FINANCE BV-144A 2.00000% 21-15.07.26 | 490 000.00 | 431 398.92 | 0.08 |
| USD	LUNDIN ENERGY FINANCE BV-144A 3.10000% 21-15.07.31 | 490 000.00 | 403 782.55 | 0.07 |
| USD	MPLX LP 4.25000% 20-01.12.27 | 380 000.00 | 362 494.78 | 0.07 |
| USD	ONCOR ELECTRIC DELIVERY CO 3.70000% 19-15.11.28 | 600 000.00 | 567 126.91 | 0.10 |
| USD	ONCOR ELECTRIC DELIVERY CO 3.80000% 19-01.06.49 | 670 000.00 | 541 720.90 | 0.10 |
| USD	PHILLIPS 66 CO-144A 4.68000% 22-15.02.45 | 400 000.00 | 351 817.84 | 0.06 |
| USD	SOUTHWESTERN ELECTRIC POWER 6.20000% 10-15.03.40 | 1 860 000.00 | 1 900 949.09 | 0.35 |
| USD	STATE STREET CORP 2.90100% 20-30.03.26 | 1 070 000.00 | 1 017 301.06 | 0.19 |
| USD	TEACHERS INSURANCE&ANNUITY ASS-144A-SUB 4.90000% 14-15.09.44 | 670 000.00 | 625 035.03 | 0.12 |
| USD	TECK RESOURCES LTD 3.90000% 20-15.07.30 | 600 000.00 | 539 413.65 | 0.10 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 2.05000% 21-15.04.26 | 850 000.00 | 733 465.00 | 0.14 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 1.15000% 21-07.06.24 | 460 000.00 | 423 861.25 | 0.08 |
| USD	UNITD AIRLNS 2016-1 CL B PAS THRUGH TRT 3.65000% 17-07.01.26 | 355 000.00 | 196 517.47 | 0.04 |
| USD	WALMART INC 4.50000% 22-09.09.52 | 675 000.00 | 656 686.60 | 0.12 |
| USD	XCEL ENERGY INC 4.80000% 11-15.09.41 | 1 820 000.00 | 1 617 666.96 | 0.30 |
| Total USD |  | 40 341 378.07 | 7.44 |
| Total des Billets, taux fixe |  | 42 765 683.08 | 7.89 |

UBS (Lux) Bond SICAV – Global Corporates (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) |  |
| Billets, taux variable |  |  |  |
| USD |  |  |  |
| USD	SANTANDER UK GROUP HOLDINGS 6.833%/VAR 22-21.11.26 | 1 280 000.00 | 1 293 136.92 | 0.24 |
| Total USD |  | 1 293 136.92 | 0.24 |
| Total des Billets, taux variable |  | 1 293 136.92 | 0.24 |
| Medium-Term Notes, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	AIR NEW ZEALAND LTD 5.70000% 22-25.05.26 | 1 420 000.00 | 942 643.47 | 0.17 |
| AUD	AURIZON FINANCE PTY LTD 3.00000% 21-09.03.28 | 2 000 000.00 | 1 122 912.78 | 0.21 |
| AUD	VICTORIA POWER NETWORKS FINANCE PTY LTD 2.13200% 21-21.04.28 | 1 500 000.00 | 842 606.50 | 0.16 |
| Total AUD |  | 2 908 162.75 | 0.54 |
| CAD |  |  |  |
| CAD	BELL CANADA 4.75000% 14-29.09.44 | 250 000.00 | 171 053.15 | 0.03 |
| Total CAD |  | 171 053.15 | 0.03 |
| GBP |  |  |  |
| GBP	NATIONAL GRID ELECTRICITY TRANSMISSION 4.00000% 12-08.06.27 | 650 000.00 | 735 927.26 | 0.13 |
| Total GBP |  | 735 927.26 | 0.13 |
| Total des Medium-Term Notes, taux fixe |  | 3 815 143.16 | 0.70 |
| Medium-Term Notes, taux variable |  |  |  |
| AUD |  |  |  |
| AUD	NATIONAL AUSTRALIA BANK-SUB 6.322%/VAR 22-03.08.32 | 1 640 000.00 | 1 111 784.24 | 0.21 |
| Total AUD |  | 1 111 784.24 | 0.21 |
| Total des Medium-Term Notes, taux variable |  | 1 111 784.24 | 0.21 |
| Obligations, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	NSW ELECTRICITY NETWORKS FINANCE PTY 2.54300% 20-23.09.30	2 050 000.00 | 1 062 063.84 | 0.20 |
| Total AUD | 1 062 063.84 | 0.20 |
| USD |  |  |  |  |
| USD | FIVE CORNERS FUNDING TRUST-144A 4.41900% 13-15.11.23 | 2 795 000.00 | 2 767 970.12 | 0.51 |
| USD | MONONGAHELA POWER CO-144A 5.40000% 13-15.12.43 | 645 000.00 | 623 685.01 | 0.11 |
| Total USD |  |  | 3 391 655.13 | 0.62 |
| Total des Obligations, taux fixe |  | 4 453 718.97 | 0.82 |
| Obligations, taux variable |  |  |  |
| USD |  |  |  |
| USD	SCENTRE GROUP TRUST 2-REG-S-SUB 4.750%/VAR 20-24.09.80 | 1 850 000.00 | 1 628 575.16 | 0.30 |
| Total USD |  | 1 628 575.16 | 0.30 |
| Total des Obligations, taux variable |  | 1 628 575.16 | 0.30 |
| Total des Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  | 55 068 041.53 | 10.16 |

Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé
Billets, taux fixe
| CAD |  |
| --- | --- |
| CAD | CANADIAN PACIFIC RAILWAY CO 2.54000% 21-28.02.28 | 1 220 000.00 | 815 471.50 | 0.15 |
| Total CAD |  | 815 471.50 | 0.15 |
| Total des Billets, taux fixe |  | 815 471.50 | 0.15 |
| Medium-Term Notes, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	NETWORK FINANCE CO PTY LTD 2.57900% 21-03.10.28 | 3 400 000.00 | 1 926 347.85 | 0.35 |
| AUD	STOCKLAND TRUST 2.30000% 21-24.03.28 | 1 480 000.00 | 845 000.14 | 0.16 |
| Total AUD |  | 2 771 347.99 | 0.51 |
| Total des Medium-Term Notes, taux fixe |  | 2 771 347.99 | 0.51 |
| Total des Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé |  | 3 586 819.49 | 0.66 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2022
| Dénomination | Nombre/ Nominal | Evaluation en USD Bénéfice/(perte) non réalisé(e) sur futures/ Contrats de change à terme/ Swaps (note 1) | en % de l’actif net |
| --- | --- | --- | --- |
| Nouvelles émissions de titres et instruments du marché monétaire |  |  |  |
| Billets, taux fixe |  |  |  |
| USD |  |  |  |
| USD	MAGALLANES INC-144A 4.27900% 22-15.03.32 | 1 470 000.00 | 1 248 028.75 | 0.23 |
| USD	MAGALLANES INC-144A 5.14100% 22-15.03.52 | 355 000.00 | 275 075.66 | 0.05 |
| USD	MAGALLANES INC-144A 5.39100% 22-15.03.62 | 355 000.00 | 274 695.35 | 0.05 |
| Total USD |  | 1 797 799.76 | 0.33 |
| Total des Billets, taux fixe |  | 1 797 799.76 | 0.33 |
| Total des Nouvelles émissions de titres et instruments du marché monétaire |  | 1 797 799.76 | 0.33 |
| Total du Portefeuille-titres |  | 507 546 847.27 | 93.64 |
| Instruments dérivés |  |  |  |
| Instruments dérivés négociés sur une bourse officielle |  |  |  |
| Contrats financiers à terme sur obligations |  |  |  |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.12.22 | 35.00 | 20 901.90 | 0.00 |
| EUR	EURO-BOBL FUTURE 08.12.22 | -49.00 | 134 204.58 | 0.02 |
| AUD	AUSTRALIA 10YR BOND FUTURE 15.12.22 | -127.00 | -243 496.79 | -0.04 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 22.03.23 | 99.00 | -114 468.75 | -0.02 |
| USD	US 10YR ULTRA NOTE FUTURE 22.03.23 | -6.00 | -656.25 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.23 | 716.00 | 212 562.50 | 0.04 |
| USD	US 5YR TREASURY NOTE FUTURE 31.03.23 | 229.00 | 80 507.93 | 0.02 |
| CAD	CAN 10YR BOND FUTURE 22.03.23 | 74.00 | -4 366.75 | 0.00 |
| Total des Contrats financiers à terme sur obligations |  | 85 188.37 | 0.02 |
| Total des Instruments dérivés négociés sur une bourse officielle |  | 85 188.37 | 0.02 |
| Total des Instruments dérivés |  | 85 188.37 | 0.02 |
| Contrats de change à terme |  |  |  |
| Devise achetée/Montant acheté/Devise vendue/Montant vendu/Date de maturité |  |  |  |

| USD | 21 124 603.05 | AUD | 32 860 000.00 | 6.12.2022 | -882 511.03 | -0.16 |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 134 507 300.00 | USD | 135 432 288.99 | 6.12.2022 | 5 763 033.37 | 1.06 |
| USD | 37 768 719.66 | GBP | 32 810 000.00 | 6.12.2022 | -1 305 841.12 | -0.24 |
| USD | 8 152 783.61 | CAD | 11 090 000.00 | 6.12.2022 | -27 533.49 | -0.01 |
| USD | 143 625 220.24 | EUR | 144 780 000.00 | 6.12.2022 | -5 459 205.21 | -1.01 |
| EUR | 58 937 700.00 | USD | 58 467 607.01 | 6.12.2022 | 2 222 358.05 | 0.41 |
| USD | 1 613 122.94 | GBP | 1 370 000.00 | 6.12.2022 | -18 457.32 | 0.00 |
| EUR | 728 100.00 | USD | 753 194.55 | 6.12.2022 | -3 447.55 | 0.00 |
| CHF | 1 588 900.00 | USD | 1 689 551.66 | 6.12.2022 | -21 647.78 | 0.00 |
| USD | 11 916 950.37 | EUR | 11 445 700.00 | 6.12.2022 | 130 960.53 | 0.02 |
| USD | 2 576 214.50 | EUR | 2 495 000.00 | 6.12.2022 | 7 036.15 | 0.00 |
| EUR | 598 300.00 | USD | 620 653.21 | 6.12.2022 | -4 565.27 | 0.00 |
| CHF | 1 911 500.00 | USD | 2 018 127.99 | 6.12.2022 | -11 583.67 | 0.00 |
| EUR | 546 300.00 | USD | 569 951.51 | 6.12.2022 | -7 409.57 | 0.00 |
| Total des Contrats de change à terme | 381 186.09 | 0.07 |
|  |  |  |
| Avoirs en banque, dépôts à vue et à terme et autres liquidités | 28 207 125.59 | 5.20 |
| Autres actifs et passifs | 5 801 778.48 | 1.07 |
| Total de l’Actif net | 542 022 125.80 | 100.00 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2022