# UBS (Lux) Strategy SICAV – Dynamic Income (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 |
| Net assets in USD |  | 501 866 143.45 | 326 403 802.47 |
| Class K-1-acc 1 | LU1917361336 |  |  |
| Shares outstanding |  | 1.2000 | 1.0000 |
| Net asset value per share in USD |  | 5 383 252.34 | 5 070 085.37 |
| Issue and redemption price per share in USD 2 |  | 5 383 252.34 | 5 082 760.58 |
| Class K-1-mdist 1 | LU1917361419 |  |  |
| Shares outstanding |  | 8.1000 | 6.7000 |
| Net asset value per share in USD |  | 5 164 973.22 | 4 999 378.87 |
| Issue and redemption price per share in USD 2 |  | 5 164 973.22 | 5 011 877.32 |
| Class (HKD) K-1-mdist 1 | LU1917362060 |  |  |
| Shares outstanding |  | 2.6000 | 3.3000 |
| Net asset value per share in HKD |  | 41 221 165.34 | 39 966 476.64 |
| Issue and redemption price per share in HKD 2 |  | 41 221 165.34 | 40 066 392.83 |
| Class P-acc 1 | LU1917362490 |  |  |
| Shares outstanding |  | 602 725.3320 | 369 590.5000 |
| Net asset value per share in USD |  | 107.26 | 101.24 |
| Issue and redemption price per share in USD 2 |  | 107.26 | 101.49 |
| Class P-mdist 1 | LU1917361179 |  |  |
| Shares outstanding |  | 1 990 112.7700 | 1 276 793.6250 |
| Net asset value per share in USD |  | 102.92 | 99.84 |
| Issue and redemption price per share in USD 2 |  | 102.92 | 100.09 |
| Class (HKD) P-mdist 1 | LU1917361765 |  |  |
| Shares outstanding |  | 183 623.4980 | 148 837.1680 |
| Net asset value per share in HKD |  | 1 026.82 | 997.69 |
| Issue and redemption price per share in HKD 2 |  | 1 026.82 | 1 000.18 |
| Class (SGD hedged) P-mdist 1 | LU1919997111 |  |  |
| Shares outstanding |  | 465 220.0150 | 390 403.7810 |
| Net asset value per share in SGD |  | 102.89 | 99.75 |
| Issue and redemption price per share in SGD 2 |  | 102.89 | 100.00 |
| Class Q-acc 1 | LU1917360957 |  |  |
| Shares outstanding |  | 183 311.7870 | 97 594.6280 |
| Net asset value per share in USD |  | 107.93 | 101.50 |
| Issue and redemption price per share in USD 2 |  | 107.93 | 101.75 |
| Class (HKD) Q-acc 1 | LU1917361682 |  |  |
| Shares outstanding |  | 13 930.1210 | 6 366.9850 |
| Net asset value per share in HKD |  | 1 076.90 | 1 014.35 |
| Issue and redemption price per share in HKD 2 |  | 1 076.90 | 1 016.89 |
| Class Q-mdist 1 | LU1917361252 |  |  |
| Shares outstanding |  | 529 470.6820 | 295 734.1980 |
| Net asset value per share in USD |  | 103.57 | 100.09 |
| Issue and redemption price per share in USD 2 |  | 103.57 | 100.34 |
| Class (HKD) Q-mdist 1 | LU1917361849 |  |  |
| Shares outstanding |  | 30 830.4500 | 28 422.9780 |
| Net asset value per share in HKD |  | 1 033.28 | 1 000.21 |
| Issue and redemption price per share in HKD 2 |  | 1 033.28 | 1 002.71 |
| Class (SGD hedged) Q-mdist 1 | LU1919997202 |  |  |
| Shares outstanding |  | 405 620.2240 | 205 589.7020 |
| Net asset value per share in SGD |  | 103.55 | 100.01 |
| Issue and redemption price per share in SGD 2 |  | 103.55 | 100.26 |
| 1  First NAV: 29.1.2019 2  See note 1 |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| Luxembourg | 39.26 |
| --- | --- |
| United States | 24.34 |
| Ireland | 20.40 |
| Japan | 3.39 |
| United Kingdom | 2.04 |
| Australia | 1.68 |
| France | 1.67 |
| Germany | 1.40 |
| Spain | 1.01 |
| The Netherlands | 0.72 |
| Italy | 0.57 |
| Finland | 0.24 |
| Switzerland | 0.11 |
| Belgium | 0.10 |
| Austria | 0.07 |
| Portugal | 0.05 |
| Bermuda | 0.02 |
| Canada | 0.02 |
| Jersey | 0.02 |
| Argentina | 0.01 |
| Papua New Guinea | 0.01 |
| Total | 97.13 |

Economic Breakdown as a % of net assets	
| Investment funds | 59.36 |
| --- | --- |
| Countries & central governments | 4.70 |
| Internet, software & IT services | 3.25 |
| Banks & credit institutions | 3.12 |
| Finance & holding companies | 2.91 |
| Pharmaceuticals, cosmetics & medical products | 2.44 |
| Computer hardware & network equipment providers | 1.88 |
| Telecommunications | 1.80 |
| Retail trade, department stores | 1.49 |
| Energy & water supply | 1.42 |
| Electronics & semiconductors | 1.23 |
| Petroleum | 1.12 |
| Real Estate | 1.12 |
| Mechanical engineering & industrial equipment | 1.11 |
| Insurance | 0.88 |
| Food & soft drinks | 0.87 |
| Traffic & transportation | 0.84 |
| Biotechnology | 0.81 |
| Building industry & materials | 0.73 |
| Lodging, catering & leisure | 0.71 |
| Miscellaneous consumer goods | 0.69 |
| Tobacco & alcohol | 0.55 |
| Chemicals | 0.53 |
| Vehicles | 0.51 |
| Aerospace industry | 0.50 |
| Miscellaneous trading companies | 0.38 |
| Miscellaneous services | 0.34 |
| Non-ferrous metals | 0.27 |
| Textiles, garments & leather goods | 0.26 |
| Healthcare & social services | 0.23 |
| Graphic design, publishing & media | 0.22 |
| Forestry, paper & pulp products | 0.19 |
| Mining, coal & steel | 0.19 |
| Electrical devices & components | 0.17 |
| Precious metals & stones | 0.07 |
| Various capital goods | 0.07 |
| Rubber & tyres | 0.04 |
| Environmental services & recycling | 0.04 |
| Miscellaneous unclassified companies | 0.03 |
| Packaging industry | 0.03 |
| Agriculture & fishery | 0.02 |
| Photographic & optics | 0.01 |
| Total | 97.13 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019

## Statement of Net Assets
Assets	30.11.2019
USD
Investments in securities, cost	463 966 779.84
Investments in securities, unrealized appreciation (depreciation)		23 507 951.75	 Total investments in securities (Note 1)			487 474 731.59
Cash at banks, deposits on demand and deposit accounts	7 605 333.44*
Receivable on securities sales (Note 1)	17 232 880.64
Receivable on subscriptions	2 004 957.25
Interest receivable on securities	27 338.40
Receivable on dividends	335 916.57
Other receivables	33 355.62
Unrealized gain (loss) on forward foreign exchange contracts (Note 1)	-204 369.01
Total Assets	514 490 856.98
Liabilities
Unrealized gain (loss) on swaps (Note 1)	-19 287.52
Payable on securities purchases (Note 1)	-8 035 551.24
Payable on redemptions	-4 341 418.35
Provisions for flat fee (Note 2)	-211 695.88
Provisions for taxe d’abonnement (Note 3)	-24 862.10
Provisions for other commissions and fees (Note 2)		-11 185.96		 Total provisions			-247 743.94
Total Liabilities	-12 624 713.53
Net assets at the end of the period	501 866 143.45

## Statement of Operations
Income	1.6.2019-30.11.2019
USD
Interest on liquid assets	26 492.55
Interest on securities	113 213.24
Interest received on swaps (Note 1)	124 107.98
Dividends	1 300 859.54
Income on securities lending (Note 12)	30 950.37
Total income	1 910 855.61
Expenses
Other income (Note 4)	315 231.93
Cost on securities lending (Note 12)	-12 380.15
Flat fee (Note 2)	-2 290 712.80
Taxe d’abonnement (Note 3)	-65 570.13
Other commissions and fees (Note 2)	-41 855.19
Total expenses	-2 411 727.51
Net income (loss) on investments	-500 871.90
Realized gain (loss) (Note 1)
Interest on cash and bank overdraft	-1 209.24
Realized gain (loss) on market-priced securities without options	-3 315 763.93
Realized gain (loss) on options	-1 451 109.71
Realized gain (loss) on yield-evaluated securities and money market instruments	286 364.96
Realized gain (loss) on financial futures	64 723.79
Realized gain (loss) on forward foreign exchange contracts	1 459 526.94
Realized gain (loss) on swaps	704 376.77
Total realized gain (loss)	-2 033 282.83
Net realized gain (loss) of the period	-2 534 154.73
Changes in unrealized appreciation (depreciation) (Note 1)
Realized gain (loss) on foreign exchange	218 598.35
Unrealized appreciation (depreciation) on market-priced securities without options	26 589 070.53
Unrealized appreciation (depreciation) on options	-209 688.30
Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments	-30 390.14
Unrealized appreciation (depreciation) on forward foreign exchange contracts	-811 779.26
Total changes in unrealized appreciation (depreciation)	25 565 524.76
Net increase (decrease) in net assets as a result of operations	23 031 370.03
Unrealized appreciation (depreciation) on swaps	28 311.93
* As at 30 November 2019, cash amounts serve as collateral for the counterparty UBS AG for an amount of USD 80 000.
UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-30.11.2019 |
| Net assets at the beginning of the period | 326 403 802.47 |
| Subscriptions | 210 971 594.10 |
| Redemptions | 	-49 378 366.50	 |
| Total net subscriptions (redemptions) | 161 593 227.60 |
| Dividend paid | -9 162 256.65 |
| Net income (loss) on investments | -500 871.90 |
| Total realized gain (loss) | -2 033 282.83 |
| Total changes in unrealized appreciation (depreciation) | 	25 565 524.76	 |
| Net increase (decrease) in net assets as a result of operations | 23 031 370.03 |
| Net assets at the end of the period | 501 866 143.45 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2019-30.11.2019 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the period | 1.0000 |
| Number of shares issued | 0.3000 |
| Number of shares redeemed | -0.1000 |
| Number of shares outstanding at the end of the period | 1.2000 |
| Class | K-1-mdist |
| Number of shares outstanding at the beginning of the period | 6.7000 |
| Number of shares issued | 2.2000 |
| Number of shares redeemed | -0.8000 |
| Number of shares outstanding at the end of the period | 8.1000 |
| Class | (HKD) K-1-mdist |
| Number of shares outstanding at the beginning of the period | 3.3000 |
| Number of shares issued | 0.1000 |
| Number of shares redeemed | -0.8000 |
| Number of shares outstanding at the end of the period | 2.6000 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 369 590.5000 |
| Number of shares issued | 292 518.6980 |
| Number of shares redeemed | -59 383.8660 |
| Number of shares outstanding at the end of the period | 602 725.3320 |
| Class | P-mdist |
| Number of shares outstanding at the beginning of the period | 1 276 793.6250 |
| Number of shares issued | 878 077.7590 |
| Number of shares redeemed | -164 758.6140 |
| Number of shares outstanding at the end of the period | 1 990 112.7700 |
| Class | (HKD) P-mdist |
| Number of shares outstanding at the beginning of the period | 148 837.1680 |
| Number of shares issued | 58 303.3770 |
| Number of shares redeemed | -23 517.0470 |
| Number of shares outstanding at the end of the period | 183 623.4980 |
| Class | (SGD hedged) P-mdist |
| Number of shares outstanding at the beginning of the period | 390 403.7810 |
| Number of shares issued | 136 364.5390 |
| Number of shares redeemed | -61 548.3050 |
| Number of shares outstanding at the end of the period | 465 220.0150 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the period | 97 594.6280 |
| Number of shares issued | 121 812.9050 |
| Number of shares redeemed | -36 095.7460 |
| Number of shares outstanding at the end of the period | 183 311.7870 |
| Class | (HKD) Q-acc |
| Number of shares outstanding at the beginning of the period | 6 366.9850 |
| Number of shares issued | 7 563.1360 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 13 930.1210 |
| Class | Q-mdist |
| Number of shares outstanding at the beginning of the period | 295 734.1980 |
| Number of shares issued | 286 063.7570 |
| Number of shares redeemed | -52 327.2730 |
| Number of shares outstanding at the end of the period | 529 470.6820 |
| Class | (HKD) Q-mdist |
| Number of shares outstanding at the beginning of the period | 28 422.9780 |
| Number of shares issued | 7 076.7570 |
| Number of shares redeemed | -4 669.2850 |
| Number of shares outstanding at the end of the period | 30 830.4500 |
| Class | (SGD hedged) Q-mdist |
| Number of shares outstanding at the beginning of the period | 205 589.7020 |
| Number of shares issued | 200 030.5220 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 405 620.2240 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
| Monthly Distribution 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| K-1-mdist | 17.6.2019 | 20.6.2019 | USD | 27 039.90 |
| K-1-mdist | 15.7.2019 | 18.7.2019 | USD | 22 541.51 |
| K-1-mdist | 16.8.2019 | 21.8.2019 | USD | 22 551.66 |
| K-1-mdist | 16.9.2019 | 19.9.2019 | USD | 22 560.03 |
| K-1-mdist | 15.10.2019 | 18.10.2019 | USD | 22 567.84 |
| K-1-mdist | 15.11.2019 | 20.11.2019 | USD | 22 574.99 |
| (HKD) K-1-mdist | 17.6.2019 | 20.6.2019 | HKD | 216 164.83 |
| (HKD) K-1-mdist | 15.7.2019 | 18.7.2019 | HKD | 179 558.09 |
| (HKD) K-1-mdist | 16.8.2019 | 21.8.2019 | HKD | 179 985.65 |
| (HKD) K-1-mdist | 16.9.2019 | 19.9.2019 | HKD | 180 226.45 |
| (HKD) K-1-mdist | 15.10.2019 | 18.10.2019 | HKD | 180 380.53 |
| (HKD) K-1-mdist | 15.11.2019 | 20.11.2019 | HKD | 180 399.04 |
| P-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| P-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| P-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| P-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| P-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| P-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| (HKD) P-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.39 |
| (HKD) P-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.49 |
| (SGD hedged) P-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) P-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| Q-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| Q-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| Q-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| Q-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| Q-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| Q-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| (HKD) Q-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.40 |
| (HKD) Q-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.49 |
| (HKD) Q-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.50 |
| (HKD) Q-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.51 |
| (HKD) Q-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.51 |
| (HKD) Q-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.52 |
| (SGD hedged) Q-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) Q-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019

## Statement of Investments in Securities and other Net Assets as of 30 November 2019
| 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 |  |  |  |
| Bearer shares |  |  |  |
| Australia |  |  |  |
| AUD	AGL ENERGY NPV | 52 853.00 | 729 652.79 | 0.15 |
| AUD	ALUMINA LTD NPV | 8 083.00 | 12 629.56 | 0.00 |
| AUD	AMP LIMITED NPV(POST RECON) | 15 656.00 | 20 702.90 | 0.00 |
| AUD	APA GROUP NPV | 6 102.00 | 45 401.32 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 1 459.00 | 33 474.55 | 0.01 |
| AUD	ASX LTD NPV | 1 111.00 | 61 403.46 | 0.01 |
| AUD	AURIZON HOLDINGS NPV | 9 446.00 | 36 930.01 | 0.01 |
| AUD	AUST & NZ BANK GRP NPV | 14 289.00 | 240 080.58 | 0.05 |
| AUD	BK OF QUEENSLAND NPV | 1 324.00 | 7 012.18 | 0.00 |
| AUD	BLUESCOPE STEEL NPV | 2 664.00 | 26 218.08 | 0.01 |
| AUD	BORAL LIMITED NPV | 6 181.00 | 21 489.46 | 0.00 |
| AUD	BRAMBLES LTD NPV | 8 081.00 | 68 598.15 | 0.01 |
| AUD	CALTEX AUSTRALIA NPV | 1 409.00 | 32 937.33 | 0.01 |
| AUD	CHALLENGER LIMITED NPV | 3 155.00 | 17 371.10 | 0.00 |
| AUD	CIMIC GROUP LTD NPV | 688.00 | 15 654.82 | 0.00 |
| AUD	CMNWLTH BK OF AUST NPV | 8 905.00 | 486 806.50 | 0.10 |
| AUD	COCA-COLA AMATIL NPV | 14 493.00 | 111 558.88 | 0.02 |
| AUD	COCHLEAR LTD NPV | 274.00 | 43 366.21 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 2 695.00 | 32 319.98 | 0.01 |
| AUD	CROWN RESORTS LTD NPV | 2 241.00 | 19 569.14 | 0.00 |
| AUD	CSL NPV | 2 302.00 | 441 399.00 | 0.09 |
| AUD	DEXUS NPV (STAPLED) | 5 768.00 | 47 715.04 | 0.01 |
| AUD	FLIGHT CENTRE TRAVEL GROUP LTD NPV | 4 792.00 | 142 714.83 | 0.03 |
| AUD	FORTESCUE METALS G NPV | 25 975.00 | 170 951.14 | 0.03 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 8 354.00 | 83 742.57 | 0.02 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 8 787.00 | 36 552.69 | 0.01 |
| AUD	HARVEY NORMAN HLDG NPV | 3 456.00 | 10 051.85 | 0.00 |
| AUD	INSURANCE AUST GRP NPV | 11 576.00 | 61 778.75 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 2 928.00 | 38 243.44 | 0.01 |
| AUD	MACQUARIE GP LTD NPV | 1 636.00 | 152 764.80 | 0.03 |
| AUD	MAGELLAN FINANCIAL NPV | 697.00 | 24 746.45 | 0.01 |
| AUD	MEDIBANK PRIVATE L NPV | 11 335.00 | 24 994.40 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 15 540.00 | 35 422.93 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 14 513.00 | 254 151.59 | 0.05 |
| AUD	NEWCREST MINING NPV | 3 920.00 | 81 559.77 | 0.02 |
| AUD	ORICA LIMITED NPV | 2 267.00 | 36 464.22 | 0.01 |
| AUD	ORIGIN ENERGY NPV | 8 799.00 | 51 779.30 | 0.01 |
| AUD	QBE INS GROUP NPV | 6 845.00 | 58 707.87 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 904.00 | 44 624.76 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 271.00 | 19 129.65 | 0.00 |
| AUD	RIO TINTO LIMITED NPV | 16 052.00 | 1 052 098.81 | 0.21 |
| AUD	SANTOS LIMITED NPV | 9 006.00 | 49 647.02 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 22 910.00 | 61 055.52 | 0.01 |
| AUD	SEEK LIMITED NPV | 1 956.00 | 30 681.26 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 2 557.00 | 52 094.19 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 1 214.00 | 18 328.06 | 0.00 |
| AUD	SOUTH32 LTD NPV | 21 371.00 | 39 029.43 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 10 958.00 | 37 430.56 | 0.01 |
| AUD	SUNCORP GROUP LTD NPV | 6 576.00 | 59 514.33 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 5 602.00 | 34 784.79 | 0.01 |
| AUD	TABCORP HLDGS LTD NPV | 9 281.00 | 30 070.04 | 0.01 |
| AUD	TELSTRA CORP NPV | 18 023.00 | 47 056.32 | 0.01 |
| AUD	TPG TELECOM LTD NPV | 1 414.00 | 6 685.44 | 0.00 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 13 830.00 | 143 593.29 | 0.03 |
| AUD	TREASURY WINE ESTA NPV | 3 778.00 | 47 786.71 | 0.01 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 10 555.00 | 19 133.60 | 0.00 |
| AUD	WESFARMERS LTD NPV | 5 808.00 | 166 451.87 | 0.03 |
| AUD	WESTPAC BKG CORP NPV | 66 967.00 | 1 110 669.66 | 0.22 |
| AUD	WISETECH GLOBAL LT NPV | 778.00 | 14 355.81 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 4 835.00 | 112 861.30 | 0.02 |
| AUD	WOOLWORTHS GRP LTD NPV | 6 351.00 | 170 801.66 | 0.03 |
| AUD	WORLEY LIMITED NPV | 1 792.00 | 18 181.63 | 0.00 |
| Total Australia |  | 7 202 983.35 | 1.44 |
| Austria |  |  |  |
| EUR	ANDRITZ AG NPV(BR) | 163.00 | 6 362.22 | 0.00 |
| EUR	ERSTE GROUP BK AG NPV | 899.00 | 32 215.22 | 0.01 |
| EUR	OMV AG NPV(VAR) | 4 956.00 | 282 732.48 | 0.06 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 919.00 | 21 593.19 | 0.00 |
| EUR	VERBUND AG CLASS’A’NPV | 301.00 | 15 658.22 | 0.00 |
| EUR	VOESTALPINE AG NPV | 259.00 | 6 868.04 | 0.00 |
| Total Austria |  | 365 429.37 | 0.07 |
| Belgium |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 2 579.00 | 204 369.92 | 0.04 |
| EUR	COLRUYT SA NPV | 1 145.00 | 59 336.42 | 0.01 |
| EUR	GPE BRUXELLES LAM NPV | 347.00 | 35 237.66 | 0.01 |
| EUR	PROXIMUS SA NPV | 605.00 | 18 264.46 | 0.00 |
| EUR	SOLVAY SA NPV | 209.00 | 23 966.11 | 0.00 |
| EUR	UMICORE NPV | 597.00 | 25 658.67 | 0.01 |
| Total Belgium |  | 366 833.24 | 0.07 |
| Bermuda |  |  |  |
| USD	MARVELL TECH GROUP COM USD0.002 | 1 318.00 | 34 755.66 | 0.01 |
| Total Bermuda |  | 34 755.66 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Canada |  |  |  |  |
| USD | WASTE CONNECTIONS COM NPV (POST REV SPLT) | 532.00 | 48 172.60 | 0.01 |
| Total Canada | 48 172.60 | 0.01 |
| Finland |  |  |  |  |
| EUR | KONE CORPORATION NPV ORD ‘B’ | 1 082.00 | 67 787.01 | 0.01 |
| EUR | METSO OYJ NPV | 481.00 | 18 456.20 | 0.01 |
| EUR | WARTSILA OYJ ABP SER’B’EUR3.50 | 1 420.00 | 14 304.16 | 0.00 |
| Total Finland	100 547.37	0.02 |
| France |  |  |  |  |
| EUR | ACCOR EUR3 | 564.00 | 24 147.07 | 0.01 |
| EUR | ADP EUR3 | 103.00 | 20 158.28 | 0.00 |
| EUR | AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 1 594.00 | 216 265.84 | 0.04 |
| EUR | AIRBUS EUR1 | 1 960.00 | 288 290.21 | 0.06 |
| EUR | ALSTOM EUR7.00 | 586.00 | 25 573.57 | 0.01 |
| EUR | AMUNDI EUR2.5 (AIW) | 196.00 | 14 846.73 | 0.00 |
| EUR | ARKEMA EUR10 | 203.00 | 21 053.24 | 0.01 |
| EUR | ATOS SE EUR1 | 372.00 | 31 615.69 | 0.01 |
| EUR | AXA EUR2.29 | 6 495.00 | 176 850.46 | 0.04 |
| EUR | BIOMERIEUX NPV (POST SPLIT) | 214.00 | 19 360.22 | 0.00 |
| EUR | BNP PARIBAS EUR2 | 19 955.00 | 1 121 461.46 | 0.22 |
| EUR | BOLLORE EUR0.16 | 1 997.00 | 8 543.34 | 0.00 |
| EUR | BOUYGUES EUR1 | 700.00 | 28 619.09 | 0.01 |
| EUR | BUREAU VERITAS EUR0.12 | 750.00 | 19 648.33 | 0.00 |
| EUR | CAPGEMINI EUR8 | 493.00 | 58 353.50 | 0.01 |
| EUR | CARREFOUR EUR2.50 | 1 993.00 | 32 918.28 | 0.01 |
| EUR | CASINO GUICH-PERR EUR1.53 | 169.00 | 7 442.40 | 0.00 |
| EUR | CIE DE ST-GOBAIN EUR4 | 1 640.00 | 66 453.70 | 0.01 |
| EUR | CNP ASSURANCES EUR1 | 26 421.00 | 522 041.76 | 0.10 |
| EUR | COVIVIO EUR3 | 77.00 | 8 523.98 | 0.00 |
| EUR | CREDIT AGRICOLE SA EUR3 | 3 625.00 | 49 621.83 | 0.01 |
| EUR | DANONE EUR0.25 | 5 506.00 | 453 618.81 | 0.09 |
| EUR | DASSAULT AVIATION EUR8 | 80.00 | 108 936.88 | 0.02 |
| EUR | DASSAULT SYSTEMES EUR0.50 | 450.00 | 70 952.31 | 0.01 |
| EUR | EDENRED EUR2 | 834.00 | 41 426.56 | 0.01 |
| EUR | EDF EUR0.5 | 2 355.00 | 24 210.91 | 0.01 |
| EUR | EIFFAGE EUR4 | 4 033.00 | 440 676.47 | 0.09 |
| EUR | ENGIE EUR1 | 37 593.00 | 595 222.60 | 0.12 |
| EUR | ESSILORLUXOTTICA EUR0.18 | 968.00 | 150 491.67 | 0.03 |
| EUR | EURAZEO NPV | 90.00 | 6 137.62 | 0.00 |
| EUR | EUTELSAT COMMUNICA EUR1 | 413.00 | 6 780.52 | 0.00 |
| EUR | FAURECIA EUR7 | 306.00 | 16 242.22 | 0.00 |
| EUR | GETLINK SE EUR0.40 | 1 245.00 | 21 016.60 | 0.01 |
| EUR | HERMES INTL NPV | 101.00 | 75 726.57 | 0.02 |
| EUR | ICADE NPV | 77.00 | 7 713.18 | 0.00 |
| EUR | ILIAD NPV | 63.00 | 8 026.54 | 0.00 |
| EUR | INGENICO GROUP EUR1 | 190.00 | 20 291.59 | 0.00 |
| EUR | IPSEN EUR1 | 145.00 | 16 387.39 | 0.00 |
| EUR | JC DECAUX SA NPV | 269.00 | 7 711.58 | 0.00 |
| EUR | KERING EUR4 | 261.00 | 157 328.56 | 0.03 |
| EUR | KLEPIERRE EUR1.40 | 581.00 | 20 864.69 | 0.00 |
| EUR | L’OREAL EUR0.20 | 842.00 | 240 174.29 | 0.05 |
| EUR | LEGRAND SA EUR4 | 892.00 | 70 498.66 | 0.01 |
| EUR | LVMH MOET HENNESSY EUR0.30 | 937.00 | 420 796.37 | 0.08 |
| EUR | NATIXIS EUR1.6 | 28 569.00 | 119 480.18 | 0.02 |
| EUR | ORANGE EUR4 | 6 231.00 | 103 054.51 | 0.02 |
| EUR | PERNOD RICARD EUR1.55 | 724.00 | 133 073.68 | 0.03 |
| EUR | PEUGEOT SA EUR1 | 11 634.00 | 281 182.05 | 0.06 |
| EUR | PUBLICIS GROUPE SA EUR0.40 | 633.00 | 27 875.96 | 0.01 |
| EUR | REMY COINTREAU EUR1.60 | 47.00 | 6 058.02 | 0.00 |
| EUR | RENAULT SA EUR3.81 | 610.00 | 29 227.22 | 0.01 |
| EUR | SAFRAN EUR0.20 | 1 094.00 | 179 066.98 | 0.04 |
| EUR | SANOFI EUR2 | 3 766.00 | 350 918.61 | 0.07 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 117.00 | 18 589.51 | 0.00 |
| EUR | SCHNEIDER ELECTRIC EUR8 | 1 758.00 | 169 801.28 | 0.03 |
| EUR | SCOR SE EUR7.876972 (POST CONS) | 486.00 | 20 893.32 | 0.00 |
| EUR | SEB SA EUR1 | 116.00 | 18 034.13 | 0.00 |
| EUR | SOC GENERALE EUR1.25 | 2 687.00 | 84 614.32 | 0.02 |
| EUR | SODEXO EUR4 | 312.00 | 36 396.38 | 0.01 |
| EUR | SUEZ EUR4 | 1 228.00 | 18 190.89 | 0.00 |
| EUR | TELEPERFORMANCE EUR2.50 | 188.00 | 44 567.09 | 0.01 |
| EUR | THALES EUR3 | 375.00 | 36 766.20 | 0.01 |
| EUR | TOTAL EUR2.5 | 7 993.00 | 419 855.22 | 0.08 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 246.00 | 14 945.30 | 0.00 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 519.00 | 81 202.19 | 0.02 |
| EUR | VALEO EUR1 (POST SUBD) | 862.00 | 33 987.78 | 0.01 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 1 623.00 | 41 588.44 | 0.01 |
| EUR | VINCI EUR2.50 | 1 732.00 | 189 022.42 | 0.04 |
| EUR | VIVENDI SA EUR5.50 | 3 095.00 | 85 040.67 | 0.02 |
| EUR | WENDEL EUR4 | 46.00 | 6 203.01 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 391.00 | 25 328.10 | 0.01 |
| Total France | 8 317 985.03 | 1.66 |
| Germany |  |  |  |  |
| EUR | BAYERISCHE MOTORENWERKE AG EUR1 | 1 173.00 | 94 802.54 | 0.02 |
| EUR | BEIERSDORF AG NPV | 394.00 | 45 983.82 | 0.01 |
| EUR | CARL ZEISS MEDITEC NPV | 168.00 | 20 561.28 | 0.00 |
| EUR | COMMERZBANK AG NPV | 2 939.00 | 17 048.49 | 0.00 |
| EUR | CONTINENTAL AG ORD NPV | 388.00 | 50 738.12 | 0.01 |
| EUR | COVESTRO AG NPV | 673.00 | 31 537.12 | 0.01 |
| EUR | DEUTSCHE WOHNEN AG NPV (BR) | 1 164.00 | 45 497.47 | 0.01 |
| EUR | FRAPORT AG NPV | 213.00 | 18 158.90 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | FRESENIUS MED CARE NPV | 726.00 | 53 280.45 | 0.01 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 1 308.00 | 71 590.85 | 0.02 |
| EUR | GEA GROUP AG NPV | 549.00 | 17 657.40 | 0.00 |
| EUR | HEIDELBERGCEMENT NPV | 579.00 | 42 837.00 | 0.01 |
| EUR | HENKEL AG & CO KGAA | 338.00 | 32 721.20 | 0.01 |
| EUR | HOCHTIEF AG NPV | 1 852.00 | 227 684.70 | 0.05 |
| EUR | KION GROUP AG NPV | 248.00 | 16 466.85 | 0.00 |
| EUR | KNORR BREMSE AG NPV | 204.00 | 19 856.86 | 0.00 |
| EUR | LANXESS AG NPV | 320.00 | 21 346.34 | 0.01 |
| EUR | MERCK KGAA NPV | 442.00 | 51 659.02 | 0.01 |
| EUR | METRO AG (NEW) NPV | 398.00 | 6 417.96 | 0.00 |
| EUR | PUMA SE NPV | 261.00 | 19 626.50 | 0.00 |
| EUR | RWE AG (NEU) NPV | 1 841.00 | 54 624.25 | 0.01 |
| EUR | SAP AG ORD NPV | 3 319.00 | 451 878.69 | 0.09 |
| EUR | SYMRISE AG NPV (BR) | 423.00 | 41 061.84 | 0.01 |
| EUR | THYSSENKRUPP AG NPV | 1 479.00 | 18 557.89 | 0.00 |
| EUR | VOLKSWAGEN AG ORD NPV | 107.00 | 20 427.93 | 0.00 |
| EUR | WIRECARD AG NPV | 390.00 | 51 515.68 | 0.01 |
| EUR | ZALANDO SE NPV | 550.00 | 23 711.41 | 0.01 |
| Total Germany	1 567 250.56	0.31 |
| Ireland |  |  |  |  |
| EUR | AIB GROUP PLC ORD EUR0.625 | 1 942.00 | 6 359.51 | 0.00 |
| EUR | BANK OF IRELAND GR EUR1 | 1 526.00 | 7 672.51 | 0.00 |
| GBP | DCC ORD EUR0.25 | 227.00 | 19 402.71 | 0.00 |
| EUR | FLUTTER ENTERTAINM ORD EUR0.09 | 185.00 | 21 214.02 | 0.01 |
| EUR | KERRY GROUP ‘A’ORD EUR0.125(DUBLIN LIST) | 471.00 | 60 449.38 | 0.01 |
| USD | SEAGATE TECH PLC COM USD0.00001 | 12 324.00 | 735 496.32 | 0.15 |
| Total Ireland |  | 850 594.45 | 0.17 |
| Italy |  |  |  |
| EUR	ASSIC GENERALI SPA EUR1 | 3 478.00 | 71 059.64 | 0.01 |
| EUR	FINECOBANK SPA EUR0.33 | 1 811.00 | 22 484.06 | 0.01 |
| EUR	LEONARDO SPA EUR4.40 | 46 886.00 | 548 758.39 | 0.11 |
| EUR	POSTE ITALIANE SPA NPV | 1 662.00 | 19 406.40 | 0.00 |
| EUR	TELECOM ITALIA SPA DI RISP EUR0.55 | 12 165.00 | 7 497.94 | 0.00 |
| EUR	TELECOM ITALIA SPA EUR0.55 | 251 404.00 | 157 503.94 | 0.03 |
| Total Italy |  | 826 710.37 | 0.16 |
| Japan |  |  |  |
| JPY	ADVANTEST CORP NPV | 400.00 | 19 541.59 | 0.01 |
| JPY	AIR WATER INC NPV | 600.00 | 9 632.00 | 0.00 |
| JPY	AISIN SEIKI CO NPV | 200.00 | 7 560.95 | 0.00 |
| JPY	AMADA CO LTD NPV | 900.00 | 10 026.48 | 0.00 |
| JPY	ASAHI INTECC CO LT NPV | 600.00 | 17 477.86 | 0.00 |
| JPY	BANDAI NAMCO HLDGS NPV | 500.00 | 30 303.17 | 0.01 |
| JPY	CALBEE INC NPV | 300.00 | 9 656.65 | 0.00 |
| JPY	CENTRAL JAPAN RLWY NPV | 300.00 | 60 528.72 | 0.01 |
| JPY	CHUGAI PHARM CO NPV | 500.00 | 43 639.85 | 0.01 |
| JPY	COCA-COLA BOTTLERS NPV | 300.00 | 7 202.08 | 0.00 |
| JPY	CONCORDIA FINANCIA NPV | 2 500.00 | 10 136.06 | 0.00 |
| JPY	CREDIT SAISON CO NPV | 600.00 | 9 916.90 | 0.00 |
| JPY	CYBER AGENT NPV | 200.00 | 6 903.48 | 0.00 |
| JPY	DAI-ICHI LIFE HOLD NPV | 2 300.00 | 37 027.67 | 0.01 |
| JPY	DAICEL CORP | 1 700.00 | 16 703.50 | 0.00 |
| JPY	DAIFUKU CO LTD NPV | 100.00 | 5 816.82 | 0.00 |
| JPY	DAIICHI SANKYO COM NPV | 1 200.00 | 75 193.13 | 0.02 |
| JPY	DAIKIN INDUSTRIES NPV | 500.00 | 71 888.41 | 0.02 |
| JPY	DAITO TRUST CONST NPV | 200.00 | 24 445.26 | 0.01 |
| JPY	DAIWA HOUSE INDS NPV | 1 200.00 | 36 698.02 | 0.01 |
| JPY	DAIWA HOUSE REIT I REIT | 2.00 | 5 467.99 | 0.00 |
| JPY	DENTSU INC NPV | 200.00 | 7 250.48 | 0.00 |
| JPY	DISCO CORPORATION NPV | 100.00 | 21 568.81 | 0.01 |
| JPY	EISAI CO NPV | 500.00 | 37 028.58 | 0.01 |
| JPY	FANUC CORP NPV | 400.00 | 76 358.32 | 0.02 |
| JPY	FAST RETAILING CO NPV | 100.00 | 60 898.55 | 0.01 |
| JPY	FUJI ELECTRIC CO L NPV | 11 100.00 | 341 585.24 | 0.07 |
| JPY	FUKUOKA FINANCIAL NPV | 500.00 | 9 519.68 | 0.00 |
| JPY	GMO PAYMENT GATEWA NPV | 100.00 | 7 086.11 | 0.00 |
| JPY	HANKYU HANSHIN HLD NPV | 200.00 | 8 583.69 | 0.00 |
| JPY	HITACHI HIGH-TECH NPV | 100.00 | 6 519.95 | 0.00 |
| JPY	HOSHIZAKI CORPORAT NPV | 100.00 | 8 738.93 | 0.00 |
| JPY	HULIC CO LTD NPV | 700.00 | 7 868.69 | 0.00 |
| JPY	IDEMITSU KOSAN CO LTD | 600.00 | 16 371.11 | 0.00 |
| JPY	IHI CORP NPV | 400.00 | 9 325.18 | 0.00 |
| JPY	ISUZU MOTORS NPV | 1 600.00 | 18 708.79 | 0.01 |
| JPY	ITOCHU TECHNO-SOLU NPV | 400.00 | 10 676.65 | 0.00 |
| JPY	J FRONT RETAILING NPV | 800.00 | 10 504.98 | 0.00 |
| JPY	JAPAN AIRPORT TERM NPV | 200.00 | 10 391.74 | 0.00 |
| JPY	JAPAN EXCHANGE GP NPV | 1 200.00 | 20 392.66 | 0.01 |
| JPY	JAPAN REAL ESTATE INVESTMENT CORP | 1.00 | 6 803.03 | 0.00 |
| JPY	JGC HLDGS CORP NPV | 500.00 | 7 264.18 | 0.00 |
| JPY	JTEKT CORPORATION NPV | 20 000.00 | 248 379.14 | 0.05 |
| JPY	KAJIMA CORP NPV | 1 400.00 | 18 447.63 | 0.01 |
| JPY	KAKAKU.COM. INC NPV | 300.00 | 7 234.96 | 0.00 |
| JPY	KANSAI ELEC POWER NPV | 1 400.00 | 15 954.71 | 0.00 |
| JPY	KANSAI PAINT CO NPV | 700.00 | 17 629.44 | 0.01 |
| JPY	KAO CORP NPV | 1 000.00 | 78 641.22 | 0.02 |
| JPY	KAWASAKI HEAVY IND NPV | 15 200.00 | 341 170.67 | 0.07 |
| JPY	KEIKYU CORP | 900.00 | 18 499.68 | 0.01 |
| JPY	KEIO CORPORATION NPV | 300.00 | 19 231.12 | 0.01 |
| JPY	KIKKOMAN CORP NPV | 300.00 | 15 067.11 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | KINTETSU GROUP HOL NPV | 100.00 | 5 652.45 | 0.00 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 1 800.00 | 39 826.50 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 100.00 | 8 200.16 | 0.00 |
| JPY | KOMATSU NPV | 2 000.00 | 46 881.56 | 0.01 |
| JPY | KOSE CORPORATION NPV | 100.00 | 15 916.35 | 0.00 |
| JPY | KURARAY CO NPV | 600.00 | 7 248.65 | 0.00 |
| JPY | KYUSHU RAILWAY COR NPV | 200.00 | 6 803.03 | 0.00 |
| JPY | LINE CORP NPV | 200.00 | 9 405.53 | 0.00 |
| JPY | LION CORP NPV | 800.00 | 16 108.11 | 0.00 |
| JPY | M3 INC NPV | 800.00 | 21 988.86 | 0.01 |
| JPY | MAKITA CORP NPV | 200.00 | 6 611.27 | 0.00 |
| JPY | MARUI GROUP NPV | 700.00 | 16 836.82 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 100.00 | 6 793.90 | 0.00 |
| JPY | MINEBEA MITSUMI INC | 1 100.00 | 21 335.04 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 800.00 | 19 797.28 | 0.01 |
| JPY | MITSUBISHI GAS CHM NPV | 700.00 | 10 943.29 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 1 900.00 | 47 244.09 | 0.01 |
| JPY | NABTESCO CORP NPV | 300.00 | 9 204.64 | 0.00 |
| JPY | NAGOYA RAILROAD CO NPV | 400.00 | 12 729.43 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 500.00 | 73 920.19 | 0.02 |
| JPY | NIPPON BUILDING FD REIT | 49.00 | 367 802.02 | 0.07 |
| JPY | NIPPON EXPRESS CO NPV | 200.00 | 12 674.64 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 300.00 | 15 998.54 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 100.00 | 9 022.01 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 1 800.00 | 26 389.37 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 200.00 | 7 917.09 | 0.00 |
| JPY | NISSHIN SEIFUN GRP NPV | 600.00 | 11 264.72 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 200.00 | 14 975.80 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 200.00 | 31 321.34 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 400.00 | 22 427.18 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 11 000.00 | 265 683.50 | 0.05 |
| JPY | OBAYASHI CORP NPV | 1 600.00 | 16 948.22 | 0.00 |
| JPY | OBIC CO LTD NPV | 100.00 | 13 268.19 | 0.00 |
| JPY | ODAKYU ELEC RLWY NPV | 700.00 | 17 201.17 | 0.00 |
| JPY | OJI HOLDINGS CO NPV | 1 300.00 | 7 419.41 | 0.00 |
| JPY | OLYMPUS CORP NPV | 2 500.00 | 37 074.24 | 0.01 |
| JPY | ONO PHARMACEUTICAL NPV | 900.00 | 20 176.24 | 0.01 |
| JPY | ORIENTAL LAND CO NPV | 400.00 | 55 319.15 | 0.01 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 1 000.00 | 16 199.43 | 0.00 |
| JPY | PEPTIDREAM INC NPV | 300.00 | 13 779.57 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 300.00 | 5 514.56 | 0.00 |
| JPY | PIGEON CORP NPV | 200.00 | 9 295.95 | 0.00 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 400.00 | 9 854.81 | 0.00 |
| JPY | RAKUTEN INC NPV | 1 800.00 | 15 598.58 | 0.00 |
| JPY | RECRUIT HLDGS CO L NPV | 2 900.00 | 104 920.10 | 0.02 |
| JPY | RINNAI CORP NPV | 100.00 | 7 670.53 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 400.00 | 9 106.02 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 800.00 | 16 604.88 | 0.00 |
| JPY | SECOM CO NPV | 500.00 | 42 493.84 | 0.01 |
| JPY | SEIBU HOLDINGS INC NPV | 600.00 | 10 568.90 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 1 000.00 | 21 596.20 | 0.01 |
| JPY | SHARP CORP NPV | 500.00 | 7 551.82 | 0.00 |
| JPY | SHIMANO INC NPV | 200.00 | 32 325.81 | 0.01 |
| JPY | SHIMIZU CORP NPV | 1 800.00 | 17 225.82 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 800.00 | 85 544.70 | 0.02 |
| JPY | SHIONOGI & CO NPV | 2 200.00 | 129 336.13 | 0.03 |
| JPY | SHISEIDO CO LTD NPV | 800.00 | 57 748.15 | 0.01 |
| JPY | SHOWA DENKO KK NPV | 300.00 | 8 007.49 | 0.00 |
| JPY | SMC CORP NPV | 100.00 | 45 301.80 | 0.01 |
| JPY | SQUARE-ENIX HOLDIN NPV | 200.00 | 9 880.38 | 0.00 |
| JPY | SUMITOMO HEAVY IND NPV | 28 100.00 | 803 150.39 | 0.16 |
| JPY | SUMITOMO METAL MNG NPV | 600.00 | 18 168.20 | 0.01 |
| JPY | SUMITOMO RUBBER NPV | 800.00 | 10 161.63 | 0.00 |
| JPY | SUNTORY BEVERAGE & NPV | 200.00 | 8 675.01 | 0.00 |
| JPY | SUZUKEN CO LTD NPV | 200.00 | 8 738.93 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 800.00 | 35 474.39 | 0.01 |
| JPY | SYSMEX CORP NPV | 300.00 | 20 784.40 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 1 700.00 | 19 994.52 | 0.01 |
| JPY | TAISEI CORP NPV | 500.00 | 19 610.08 | 0.01 |
| JPY | TAIYO NIPPON SANSO NPV | 300.00 | 6 676.10 | 0.00 |
| JPY | TEIJIN LTD NPV | 800.00 | 15 041.55 | 0.00 |
| JPY | TERUMO CORP NPV | 1 400.00 | 49 104.19 | 0.01 |
| JPY | THK CO LTD NPV | 600.00 | 16 847.78 | 0.00 |
| JPY | TOBU RAILWAY CO NPV | 200.00 | 7 314.40 | 0.00 |
| JPY | TOHO CO LTD NPV | 200.00 | 8 117.98 | 0.00 |
| JPY | TOHO GAS CO NPV | 300.00 | 11 327.73 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 1 000.00 | 9 907.77 | 0.00 |
| JPY | TOKYO GAS CO NPV | 700.00 | 16 903.94 | 0.00 |
| JPY | TOKYU CORP NPV | 1 000.00 | 19 715.09 | 0.01 |
| JPY | TORAY INDS INC NPV | 2 700.00 | 17 850.42 | 0.01 |
| JPY | TOSOH CORP NPV | 500.00 | 7 442.24 | 0.00 |
| JPY | TOTO LTD NPV | 200.00 | 8 748.06 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 300.00 | 17 614.83 | 0.00 |
| JPY | TOYOTA TSUSHO CORP NPV | 500.00 | 17 464.16 | 0.00 |
| JPY | TSURUHA HOLDINGS I NPV | 100.00 | 11 898.46 | 0.00 |
| JPY | USS CO LTD NPV | 700.00 | 13 564.06 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 100.00 | 5 862.48 | 0.00 |
| JPY | YAMAHA CORP NPV | 300.00 | 16 519.04 | 0.00 |
| JPY | YAMATO HOLDINGS CO NPV | 1 000.00 | 17 094.33 | 0.00 |
| JPY | ZOZO INC NPV | 238.00 | 4 735.66 | 0.00 |
| Total Japan | 5 276 430.89 | 1.05 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 23 212.00 | 73 230.30 | 0.01 |
| Total Jersey |  | 73 230.30 | 0.01 |
| Luxembourg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 3 293.00 | 28 618.46 | 0.01 |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 44.00 | 23 121.97 | 0.00 |
| Total Luxembourg |  | 51 740.43 | 0.01 |
| The Netherlands |  |  |  |
| USD	AERCAP HOLDINGS EUR0.01 | 433.00 | 26 763.73 | 0.01 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 5 943.00 | 569 565.19 | 0.11 |
| EUR	EXOR NV EUR0.01 | 357.00 | 27 333.54 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 372.00 | 35 684.55 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 843.00 | 87 409.41 | 0.02 |
| EUR	ING GROEP N.V. EUR0.01 | 13 749.00 | 158 327.36 | 0.03 |
| EUR	KON KPN NV EUR0.04 | 10 055.00 | 30 998.25 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 20 586.00 | 530 795.62 | 0.11 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 9 112.00 | 423 426.23 | 0.08 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 970.00 | 112 112.60 | 0.02 |
| EUR	QIAGEN NV EUR0.01 | 747.00 | 32 006.73 | 0.01 |
| EUR	RANDSTAD N.V. EUR0.10 | 567.00 | 33 046.71 | 0.01 |
| GBP	ROYAL DUTCH SHELL ‘B’SHS EUR0.07 (UK LIST) | 12 073.00 | 341 921.64 | 0.07 |
| EUR	STMICROELECTRONICS EUR1.04 | 2 164.00 | 53 208.39 | 0.01 |
| EUR	VOPAK(KON) EUR0.50 | 255.00 | 13 605.48 | 0.00 |
| EUR	WOLTERS KLUWER EUR0.12 | 1 044.00 | 75 006.61 | 0.01 |
| Total The Netherlands |  | 2 551 212.04 | 0.52 |
| Papua New Guinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 6 944.00 | 34 945.10 | 0.01 |
| Total Papua New Guinea |  | 34 945.10 | 0.01 |
| Singapore |  |  |  |
| USD	FLEX LTD COM USD0.01 | 773.00 | 9 175.51 | 0.00 |
| Total Singapore |  | 9 175.51 | 0.00 |
| Spain |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 885.00 | 34 475.05 | 0.01 |
| EUR	AENA SME S.A. EUR10 | 1 348.00 | 247 767.01 | 0.05 |
| EUR	AMADEUS IT GROUP EUR0.01 | 9 493.00 | 756 762.78 | 0.15 |
| EUR	BANKIA S.A. EUR1 (POST CONS) | 3 749.00 | 7 269.02 | 0.00 |
| EUR	BCO DE SABADELL EUR0.125 | 15 536.00 | 17 249.90 | 0.00 |
| EUR	CAIXABANK SA EUR1 | 253 650.00 | 749 247.96 | 0.15 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 928.00 | 39 905.30 | 0.01 |
| EUR	ENAGAS SA EUR1.50 | 24 329.00 | 606 516.76 | 0.12 |
| EUR	ENDESA SA EUR1.2 | 965.00 | 26 259.74 | 0.01 |
| EUR	FERROVIAL SA EUR0.2 | 1 634.00 | 48 554.42 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 896.00 | 30 635.70 | 0.01 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 62 377.00 | 614 039.99 | 0.12 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 3 491.00 | 108 777.73 | 0.02 |
| EUR	NATURGY ENERGY GRO EUR1 | 24 829.00 | 646 084.35 | 0.13 |
| EUR	RED ELECTRICA CORP EUR0.5 | 14 121.00 | 276 364.21 | 0.06 |
| EUR	REPSOL SA EUR1 | 4 708.00 | 74 179.97 | 0.01 |
| EUR	SIEMENS GAMESA RENEWABLE ENERGY | 1 028.00 | 16 418.35 | 0.00 |
| EUR	TELEFONICA SA EUR1 | 15 422.00 | 118 213.87 | 0.02 |
| Total Spain |  | 4 418 722.11 | 0.88 |
| United Kingdom |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 1 783.00 | 24 700.59 | 0.01 |
| USD	AON PLC COM USD0.01 CL A | 465.00 | 94 678.65 | 0.02 |
| GBP	ASTRAZENECA ORD USD0.25 | 2 899.00 | 279 664.30 | 0.06 |
| GBP	AVIVA ORD GBP0.25 | 7 916.00 | 41 346.48 | 0.01 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 7 231.00 | 53 631.81 | 0.01 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 84 297.00 | 727 066.52 | 0.15 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 5 090.00 | 201 467.80 | 0.04 |
| GBP	BRITISH LAND CO PLC REIT | 3 031.00 | 22 566.97 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 18 543.00 | 45 946.37 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 698.00 | 19 167.78 | 0.00 |
| USD	COCA-COLA EUROPEAN ORD EUR0.01 | 869.00 | 43 849.74 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 49 920.00 | 239 172.91 | 0.05 |
| GBP	HALMA ORD GBP0.10 | 784.00 | 21 357.03 | 0.00 |
| USD	IHS MARKIT LTD COM | 731.00 | 53 107.15 | 0.01 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 2 500.00 | 25 591.90 | 0.01 |
| GBP	ITV ORD GBP0.10 | 9 750.00 | 18 299.47 | 0.00 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 496.00 | 18 438.89 | 0.00 |
| GBP	KINGFISHER ORD GBP0.157142857 | 2 424.00 | 6 581.30 | 0.00 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 1 876.00 | 23 256.59 | 0.01 |
| USD	LIBERTY GLOBAL INC USD0.01 A | 293.00 | 6 607.15 | 0.00 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 164 358.00 | 130 003.11 | 0.03 |
| GBP	MARKS & SPENCER GP ORD GBP0.25 | 2 814.00 | 7 074.16 | 0.00 |
| GBP	MEGGITT ORD GBP0.05 | 2 543.00 | 21 150.65 | 0.00 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 10 168.00 | 30 197.70 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 7 115.00 | 81 881.34 | 0.02 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 1 260.00 | 21 594.98 | 0.00 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 1 572.00 | 123 344.95 | 0.02 |
| GBP	RELX PLC GBP0.1444 | 4 299.00 | 104 152.97 | 0.02 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 3 766.00 | 21 672.50 | 0.00 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 4 074.00 | 37 499.32 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 2 069.00 | 20 173.58 | 0.00 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 292.00 | 8 471.86 | 0.00 |
| GBP	SMITHS GROUP ORD GBP0.375 | 938.00 | 20 152.96 | 0.00 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 171.00 | 19 741.07 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| GBP | SSE PLC ORD GBP0.50 | 2 303.00 | 38 726.10 | 0.01 |
| GBP | ST JAMES’S PLACE ORD GBP0.15 | 1 658.00 | 23 344.22 | 0.01 |
| EUR | UNILEVER EUR0.16 | 20 794.00 | 1 233 497.58 | 0.25 |
| GBP | UNITED UTILITIES G ORD GBP0.05 | 1 870.00 | 20 642.42 | 0.00 |
| GBP | WEIR GROUP ORD GBP0.125 | 1 113.00 | 20 090.54 | 0.00 |
| GBP | WHITBREAD ORD GBP0.76797385 | 11 815.00 | 703 157.14 | 0.14 |
| USD | WILLIS TOWERS WATS COM USD0.000304635 | 242.00 | 47 538.48 | 0.01 |
| GBP | WPP PLC ORD GBP0.10 | 2 750.00 | 35 589.04 | 0.01 |
| Total United Kingdom |  | 4 736 196.07 | 0.94 |
| United States |  |  |  |
| USD	3M CO COM | 1 060.00 | 179 956.20 | 0.04 |
| USD	AFLAC INC COM USD0.10 | 1 479.00 | 81 108.36 | 0.02 |
| USD	AKAMAI TECHNOLOGIES INC COM | 6 401.00 | 557 655.12 | 0.11 |
| USD	ALBEMARLE CORP COM USD0.01 | 165.00 | 10 787.70 | 0.00 |
| USD	ALIGN TECHNOLOGY INC COM | 142.00 | 39 382.28 | 0.01 |
| USD	ALLEGHANY CORP DEL COM | 14.00 | 10 920.56 | 0.00 |
| USD	ALLIANCE DATA SYST COM USD0.01 | 3 393.00 | 362 745.63 | 0.07 |
| USD	ALLIANT ENERGY CORP COM | 487.00 | 25 811.00 | 0.01 |
| USD	ALNYLAM PHARMACEUTICALS INC COM | 200.00 | 23 428.00 | 0.00 |
| USD	ALPHABET INC CAP STK USD0.001 CL C | 963.00 | 1 256 676.48 | 0.25 |
| USD	ALTICE USA INC COM USD0.01 CL A | 509.00 | 13 020.22 | 0.00 |
| USD	AMER ELEC PWR INC COM USD6.50 | 929.00 | 84 864.15 | 0.02 |
| USD	AMERICAN AIRLINES COM USD1 | 241.00 | 6 926.34 | 0.00 |
| USD	AMERICAN WATER WOR COM STK USD0.01 | 336.00 | 40 666.08 | 0.01 |
| USD	ANSYS INC COM | 149.00 | 37 948.81 | 0.01 |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 82.00 | 16 000.66 | 0.00 |
| USD	ARROW ELECTRS INC COM | 219.00 | 17 441.16 | 0.00 |
| USD	BAKER HUGHES COMPA COM USD0.0001 CL A | 1 110.00 | 24 886.20 | 0.00 |
| USD	BERKLEY(WR)CORP COM USD0.20 | 363.00 | 24 684.00 | 0.00 |
| USD	BERKSHIRE HATHAWAY CLASS’B’COM USD0.0033 | 2 513.00 | 553 613.90 | 0.11 |
| USD	BIOMARIN PHARMA COM USD0.001 | 363.00 | 29 297.73 | 0.01 |
| USD	BLACKROCK INC COM STK USD0.01 | 212.00 | 104 920.92 | 0.02 |
| USD	BOSTON PPTYS INC COM USD0.01 | 288.00 | 39 899.52 | 0.01 |
| USD	BOSTON SCIENTIFIC COM USD0.01 | 2 695.00 | 116 558.75 | 0.02 |
| USD	BROADRIDGE FIN SOL COM STK USD0.01 | 226.00 | 27 958.46 | 0.01 |
| USD	BROWN FORMAN CORP CL B | 604.00 | 40 963.28 | 0.01 |
| USD	CABOT OIL & GAS CO COM USD0.10 | 647.00 | 10 313.18 | 0.00 |
| USD	CADENCE DESIGN SYS COM USD0.01 | 10 633.00 | 746 968.25 | 0.15 |
| USD	CAMPBELL SOUP CO CAP USD0.0375 | 272.00 | 12 667.04 | 0.00 |
| USD	CDK GLOBAL INC COM USD0.01 | 168.00 | 8 996.40 | 0.00 |
| USD	CDW CORP COM USD0.01 | 273.00 | 36 868.65 | 0.01 |
| USD	CERNER CORP COM | 579.00 | 41 450.61 | 0.01 |
| USD	CHENIERE ENERGY INC COM NEW | 498.00 | 30 148.92 | 0.01 |
| USD	CINCINNATI FINL CORP COM | 245.00 | 26 227.25 | 0.01 |
| USD	CINTAS CORP COM | 160.00 | 41 129.60 | 0.01 |
| USD	CLOROX CO DEL COM | 242.00 | 35 871.66 | 0.01 |
| USD	CME GROUP INC COM STK USD0.01 CLASS’A’ | 681.00 | 138 059.13 | 0.03 |
| USD	CMS ENERGY CORP COM | 540.00 | 33 102.00 | 0.01 |
| USD	COCA-COLA CO COM USD0.25 | 7 830.00 | 418 122.00 | 0.08 |
| USD	COGNEX CORP COM | 272.00 | 13 648.96 | 0.00 |
| USD	COLGATE-PALMOLIVE COM USD1 | 1 487.00 | 100 848.34 | 0.02 |
| USD	CONSTELLATION BRDS CLASS’A’COM USD0.01 | 338.00 | 62 888.28 | 0.01 |
| USD	COPART INC COM | 417.00 | 37 113.00 | 0.01 |
| USD	COSTAR GROUP INC COM | 66.00 | 40 448.76 | 0.01 |
| USD	COTY INC COM USD0.01 CL ‘A’ | 606.00 | 6 993.24 | 0.00 |
| USD	CSX CORP COM USD1 | 1 461.00 | 104 519.94 | 0.02 |
| USD	DEERE & CO COM USD1 | 599.00 | 100 661.95 | 0.02 |
| USD	DEVON ENERGY CORP NEW COM | 662.00 | 14 491.18 | 0.00 |
| USD	DEXCOM INC COM | 173.00 | 39 324.63 | 0.01 |
| USD	DIGITAL REALTY TRU COM STK USD0.01 | 329.00 | 39 792.55 | 0.01 |
| USD	DISCOVERY INC COM USD0.01 SER A | 24 606.00 | 810 521.64 | 0.16 |
| USD	DISCOVERY INC COM USD0.01 SER C | 833.00 | 25 423.16 | 0.01 |
| USD	DOMINION ENERGY IN COM STK NPV | 1 573.00 | 130 732.03 | 0.03 |
| USD	DROPBOX INC COM USD0.00001 CL A | 300.00 | 5 547.00 | 0.00 |
| USD	DUKE ENERGY CORP COM USD0.001 (POST REV SPLT) | 1 479.00 | 130 403.43 | 0.03 |
| USD	ECOLAB INC COM | 490.00 | 91 468.30 | 0.02 |
| USD	EDWARDS LIFESCIENCES CORP COM | 386.00 | 94 546.84 | 0.02 |
| USD	EOG RESOURCES INC COM USD0.01 | 1 093.00 | 77 493.70 | 0.02 |
| USD	EPAM SYS INC COM USD0.001 | 69.00 | 14 617.65 | 0.00 |
| USD	EQUIFAX INC COM | 244.00 | 34 072.16 | 0.01 |
| USD	EQUITY LIFESTYLE PPTYS INC | 356.00 | 26 372.48 | 0.01 |
| USD	EQUITY RESIDENTIAL SBI USD0.01 | 780.00 | 66 378.00 | 0.01 |
| USD	ERIE INDTY CO CL A | 28.00 | 4 740.40 | 0.00 |
| USD	ESSEX PROP TRUST COM USD0.0001 | 115.00 | 35 900.70 | 0.01 |
| USD	EXACT SCIENCES CORP COM | 288.00 | 23 330.88 | 0.00 |
| USD	EXPEDTRS INTL WASH COM USD0.01 | 7 660.00 | 572 661.60 | 0.11 |
| USD	F M C CORP COM NEW | 214.00 | 20 963.44 | 0.00 |
| USD	F5 NETWORK INC COM STK NPV | 140.00 | 20 399.40 | 0.00 |
| USD	FACTSET RESH SYS INC COM | 51.00 | 13 242.15 | 0.00 |
| USD	FASTENAL COM USD0.01 | 1 044.00 | 37 082.88 | 0.01 |
| USD	FIDELITY NATL FINL FNF GROUP COM USD0.0001 | 576.00 | 27 434.88 | 0.01 |
| USD	FLIR SYS INC COM | 201.00 | 10 765.56 | 0.00 |
| USD	FLOWSERVE CORP COM | 185.00 | 9 009.50 | 0.00 |
| USD	FORTINET INC COM USD0.001 | 306.00 | 32 163.66 | 0.01 |
| USD	FORTIVE CORP COM USD0.01 | 545.00 | 39 332.65 | 0.01 |
| USD	FRANKLIN RES INC COM | 452.00 | 12 425.48 | 0.00 |
| USD	GALLAGHER ARTHUR J & CO COM | 398.00 | 37 121.46 | 0.01 |
| USD	GAP INC DEL COM | 710.00 | 11 793.10 | 0.00 |
| USD	GARTNER INC COM | 177.00 | 28 401.42 | 0.01 |
| USD	GEN DYNAMICS CORP COM USD1 | 473.00 | 85 963.02 | 0.02 |
| USD	GEN ELEC CO COM USD0.06 | 16 838.00 | 189 764.26 | 0.04 |
| USD	GRUBHUB INC COM USD0.0001 | 134.00 | 5 778.08 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | HANESBRANDS INC COM | 5 467.00 | 82 387.69 | 0.02 |
| USD | HARLEY DAVIDSON INC COM | 239.00 | 8 694.82 | 0.00 |
| USD | HEICO CORP NEW CL A | 106.00 | 10 646.64 | 0.00 |
| USD | HEICO CORP NEW COM | 62.00 | 8 053.18 | 0.00 |
| USD | HENRY JACK & ASSOC COM USD0.01 | 145.00 | 22 031.30 | 0.00 |
| USD | HONEYWELL INTL INC COM | 1 418.00 | 253 183.90 | 0.05 |
| USD | HUNT J B TRANS SVCS INC COM | 143.00 | 16 533.66 | 0.00 |
| USD | IAC INTERACTIVECOR COM USD0.001 | 153.00 | 34 073.10 | 0.01 |
| USD | IDEX CORP COM | 142.00 | 23 109.08 | 0.00 |
| USD | IDEXX LABORATORIES COM USD0.10 | 142.00 | 35 724.36 | 0.01 |
| USD | ILLINOIS TOOL WKS COM NPV | 636.00 | 110 873.88 | 0.02 |
| USD | ILLUMINA INC COM USD0.01 | 275.00 | 88 209.00 | 0.02 |
| USD | INCYTE CORPORATION COM USD0.001 | 364.00 | 34 274.24 | 0.01 |
| USD | INTERCONTINENTAL E COM USD0.01 | 1 086.00 | 102 268.62 | 0.02 |
| USD | INTERNATIONAL FLAVORS&FRAGRANC COM | 169.00 | 23 867.87 | 0.00 |
| USD | INTERPUBLIC GROUP COM USD0.10 | 979.00 | 21 929.60 | 0.00 |
| USD | INTUITIVE SURGICAL COM USD0.001 | 219.00 | 129 845.10 | 0.03 |
| USD | INVITATION HOMES I COM USD0.01 | 1 042.00 | 31 812.26 | 0.01 |
| USD | IONIS PHARMACEUTIC COM USD0.001 | 325.00 | 20 787.00 | 0.00 |
| USD | IPG PHOTONICS CORP COM USD0.0001 | 52.00 | 7 388.68 | 0.00 |
| USD | JOHNSON & JOHNSON COM USD1 | 5 478.00 | 753 170.22 | 0.15 |
| USD | JP MORGAN CHASE & COM USD1 | 7 091.00 | 934 310.16 | 0.19 |
| USD | JUNIPER NETWORKS COM USD0.00001 | 15 959.00 | 399 932.54 | 0.08 |
| USD | KRAFT HEINZ CO COM USD0.01 | 1 320.00 | 40 260.00 | 0.01 |
| USD | LAMB WESTON HLDGS COM USD1.00 WI | 313.00 | 26 285.74 | 0.01 |
| USD | LEGGETT & PLATT IN COM USD0.01 | 300.00 | 15 696.00 | 0.00 |
| USD | LEIDOS HLDGS INC COM USD0.0001 | 297.00 | 26 979.48 | 0.01 |
| USD | LENNOX INTL INC COM | 46.00 | 11 769.10 | 0.00 |
| USD | LIBERTY BROADBAND COM USD0.01 CL ‘C’ | 182.00 | 21 747.18 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER A SIRIUSXM | 152.00 | 7 402.40 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C SIRIUSXM | 290.00 | 14 067.90 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C FORMULA | 313.00 | 14 113.17 | 0.00 |
| USD | LIVE NATION INC COM | 243.00 | 16 963.83 | 0.00 |
| USD | LOCKHEED MARTIN CORP COM | 487.00 | 190 431.61 | 0.04 |
| USD | LOEWS CORP COM | 616.00 | 31 354.40 | 0.01 |
| USD | LYONDELLBASELL IND COM USD0.01 | 550.00 | 50 897.00 | 0.01 |
| USD | M & T BANK CORP COM USD0.50 | 249.00 | 41 020.26 | 0.01 |
| USD | MARKEL CORP COM | 22.00 | 24 982.10 | 0.00 |
| USD | MARKETAXESS HLDGS INC COM | 76.00 | 30 690.32 | 0.01 |
| USD | MARSH & MCLENNAN COM USD1 | 948.00 | 102 450.36 | 0.02 |
| USD | MARTIN MARIETTA M. COM USD0.01 | 130.00 | 34 892.00 | 0.01 |
| USD | MAXIM INTEGRATED COM USD0.001 | 557.00 | 31 565.19 | 0.01 |
| USD | METTLER TOLEDO INTERNATIONAL COM | 41.00 | 29 495.81 | 0.01 |
| USD | MONGODB INC COM USD0.001 CL A | 100.00 | 14 870.00 | 0.00 |
| USD | MONSTER BEV CORP USD0.005(NEW) | 778.00 | 46 539.96 | 0.01 |
| USD | MOODYS CORP COM USD0.01 | 332.00 | 75 254.44 | 0.01 |
| USD | MYLAN NV EUR0.01 | 1 089.00 | 20 451.42 | 0.00 |
| USD | NASDAQ INC COM STK USD0.01 | 173.00 | 18 130.40 | 0.00 |
| USD | NEWS CORP NEW COM USD0.01 CL’A’ | 609.00 | 7 843.92 | 0.00 |
| USD | NEXTERA ENERGY INC COM USD0.01 | 921.00 | 215 348.22 | 0.04 |
| USD | NORDSTROM INC COM NPV | 388.00 | 14 809.96 | 0.00 |
| USD | OKTA INC COM USD0.0001 CL A | 200.00 | 25 956.00 | 0.01 |
| USD | PAYCOM SOFTWARE IN COM USD0.01 | 104.00 | 28 788.24 | 0.01 |
| USD | PEOPLE’S UNITED FINANCIAL INC COM STK USD0.01 | 1 106.00 | 18 249.00 | 0.00 |
| USD | PEPSICO INC CAP USD0.016666 | 2 711.00 | 368 235.13 | 0.07 |
| USD | PERKINELMER INC COM USD1 | 226.00 | 20 995.40 | 0.00 |
| USD | PHILIP MORRIS INTL COM STK NPV ‘WI’ | 2 992.00 | 248 126.56 | 0.05 |
| USD | PIONEER NATURAL RE COM STK USD0.01 | 317.00 | 40 525.28 | 0.01 |
| USD | POLARIS INC COM USD0.01 | 77.00 | 7 522.90 | 0.00 |
| USD | PPG INDS INC COM | 502.00 | 64 677.68 | 0.01 |
| USD | PROGRESSIVE CP(OH) COM USD1 | 1 124.00 | 82 108.20 | 0.02 |
| USD | PTC INC COM USD0.01 | 167.00 | 12 792.20 | 0.00 |
| USD | PUBLIC STORAGE COM USD0.10 | 267.00 | 56 251.56 | 0.01 |
| USD | PULTE GROUP INC COM USD0.01 | 18 294.00 | 725 357.10 | 0.14 |
| USD | QORVO INC COM USD 0.0001 | 273.00 | 28 449.33 | 0.01 |
| USD | RALPH LAUREN CORP CLASS ‘A’ COM USD0.01 | 66.00 | 7 084.44 | 0.00 |
| USD | REALTY INCOME CORP | 700.00 | 53 641.00 | 0.01 |
| USD | RESMED INC COM USD0.004 | 309.00 | 46 226.40 | 0.01 |
| USD | ROKU INC COM USD0.0001 CLASS A | 145.00 | 23 253.65 | 0.00 |
| USD | ROLLINS INC COM | 243.00 | 8 711.55 | 0.00 |
| USD | ROPER TECHNOLOGIES COM USD0.01 | 201.00 | 72 434.37 | 0.01 |
| USD | S&P GLOBAL INC COM USD1 | 470.00 | 124 385.50 | 0.02 |
| USD | SABRE CORP COM USD0.01 | 391.00 | 8 770.13 | 0.00 |
| USD | SAREPTA THERA INC COM USD0.0001 | 130.00 | 14 623.70 | 0.00 |
| USD | SEATTLE GENETICS I COM USD0.001 | 240.00 | 28 884.00 | 0.01 |
| USD | SEMPRA ENERGY COM NPV | 532.00 | 78 347.64 | 0.02 |
| USD | SHERWIN-WILLIAMS COM USD1 | 158.00 | 92 134.54 | 0.02 |
| USD | SMITH A O COM | 217.00 | 10 502.80 | 0.00 |
| USD | SNAP INC COM USD0.00001 CL A | 1 642.00 | 25 040.50 | 0.00 |
| USD | SOUTHERN CO COM | 1 985.00 | 123 050.15 | 0.02 |
| USD | SPLUNK INC COM USD0.001 | 291.00 | 43 423.02 | 0.01 |
| USD | SPRINT CORPORATION COM USD0.01 | 1 208.00 | 7 151.36 | 0.00 |
| USD | SS&C TECH HLDGS COM USD0.01 | 358.00 | 21 497.90 | 0.00 |
| USD | STRYKER CORP COM USD0.10 | 653.00 | 133 773.58 | 0.03 |
| USD | SUN COMMUNITIES COM USD0.01 | 171.00 | 28 165.41 | 0.01 |
| USD | SVB FINL GROUP COM | 103.00 | 23 868.19 | 0.00 |
| USD | SYNOPSYS INC COM USD0.01 | 753.00 | 106 203.12 | 0.02 |
| USD | TAKE TWO INTERACTI COM USD0.01 | 5 151.00 | 625 073.85 | 0.12 |
| USD | TARGA RESOURCES CO COM USD0.001 | 364.00 | 13 296.92 | 0.00 |
| USD | TRANSUNION COM USD0.01 | 297.00 | 25 634.07 | 0.01 |
| USD | TRIMBLE INC COM NPV | 396.00 | 16 049.88 | 0.00 |
| USD | TRIPADVISOR INC COM USD0.001 | 164.00 | 4 657.60 | 0.00 |
| USD | TWILIO INC COM USD0.001 CL A | 252.00 | 26 026.56 | 0.01 |
| USD | UDR INC | 574.00 | 27 580.70 | 0.01 |
| USD | UNDER ARMOUR INC COM STK USD0.000333 CL A | 291.00 | 5 496.99 | 0.00 |
| USD | UNDER ARMOUR INC COM STK USD0.0003333 CL C | 326.00 | 5 639.80 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | UNITED PARCEL SERVICE INC CL B | 1 353.00 | 161 994.69 | 0.03 |
| USD | UTD TECHNOLOGIES COM USD1 | 1 582.00 | 234 673.88 | 0.05 |
| USD | VEEVA SYSTEMS INC COM USD0.00001 CL ‘A’ | 239.00 | 35 654.02 | 0.01 |
| USD | VERISIGN INC COM | 192.00 | 36 622.08 | 0.01 |
| USD | VERISK ANALYTICS I CL A USD0.001 | 293.00 | 43 211.64 | 0.01 |
| USD | VERTEX PHARMACEUTI COM USD0.01 | 462.00 | 102 448.50 | 0.02 |
| USD | VMWARE INC COM STK USD0.01 CLASS ‘A’ | 171.00 | 26 611.02 | 0.01 |
| USD | VORNADO REALTY TR COM USD0.04 | 284.00 | 18 337.88 | 0.00 |
| USD | VULCAN MATERIALS COM STK USD1 | 272.00 | 38 588.64 | 0.01 |
| USD | W P CAREY INC COM USD0.001 | 363.00 | 30 281.46 | 0.01 |
| USD | WABTEC CORP COM | 331.00 | 26 006.67 | 0.01 |
| USD | WATERS CORP COM | 143.00 | 31 756.01 | 0.01 |
| USD | WAYFAIR INC COM USD0.001 A | 90.00 | 7 642.80 | 0.00 |
| USD | WEC ENERGY GROUP COM USD0.01 | 586.00 | 51 948.90 | 0.01 |
| USD | WELLCARE HEALTH PL COM USD0.01 | 100.00 | 32 207.00 | 0.01 |
| USD | WESTERN UN CO COM | 10 281.00 | 276 353.28 | 0.06 |
| USD | XCEL ENERGY INC COM | 1 005.00 | 61 797.45 | 0.01 |
| USD | ZAYO GROUP HOLDING COM USD0.001 | 381.00 | 13 045.44 | 0.00 |
| USD | ZEBRA TECHNOLOGIES CORP CL A | 112.00 | 28 105.28 | 0.01 |
| USD | ZILLOW GROUP INC COM USD0.0001 CLASS C WI | 203.00 | 7 947.45 | 0.00 |
| USD | ZOETIS INC COM USD0.01 CL ‘A’ | 910.00 | 109 673.20 | 0.02 |
| Total United States |  | 17 857 618.20 | 3.56 |
| Total Bearer shares |  | 54 690 532.65 | 10.90 |
| Other shares |  |  |  |
| United States |  |  |  |
| USD	CAMDEN PROP TST SBI USD0.01 | 202.00 | 22 533.10 | 0.00 |
| Total United States |  | 22 533.10 | 0.00 |
| Total Other shares |  | 22 533.10 | 0.00 |
| Preference shares |  |  |  |
| Germany |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 118.00 | 7 285.98 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 172.00 | 7 434.17 | 0.00 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 6 867.00 | 725 960.62 | 0.15 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 493.00 | 36 517.83 | 0.01 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 101.00 | 21 303.67 | 0.00 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 2 776.00 | 537 112.27 | 0.11 |
| Total Germany |  | 1 335 614.54 | 0.27 |
| Total Preference shares |  | 1 335 614.54 | 0.27 |
| Registered shares |  |  |  |
| Argentina |  |  |  |
| USD	MERCADOLIBRE INC COM STK USD0.001 | 78.00 | 45 285.24 | 0.01 |
| Total Argentina |  | 45 285.24 | 0.01 |
| Australia |  |  |  |
| AUD	BENDIGO & ADELAIDE NPV | 2 357.00 | 15 990.58 | 0.00 |
| AUD	BHP GROUP LTD NPV | 14 602.00 | 377 589.79 | 0.08 |
| GBP	BHP GROUP PLC ORD USD0.50 | 4 414.00 | 97 632.60 | 0.02 |
| AUD	COLES GROUP LTD NPV | 68 287.00 | 751 038.45 | 0.15 |
| Total Australia |  | 1 242 251.42 | 0.25 |
| Belgium |  |  |  |
| EUR	AGEAS NPV | 704.00 | 42 289.03 | 0.01 |
| EUR	KBC GROUP NV NPV | 847.00 | 61 768.29 | 0.01 |
| EUR	TELENET GRP HLDG NPV | 122.00 | 5 509.82 | 0.00 |
| EUR	UCB NPV | 422.00 | 34 227.26 | 0.01 |
| Total Belgium |  | 143 794.40 | 0.03 |
| Bermuda |  |  |  |
| USD	ARCH CAPITAL GROUP COM USD0.01 | 855.00 | 35 884.35 | 0.01 |
| USD	EVEREST RE GROUP COM USD0.01 | 87.00 | 23 599.62 | 0.00 |
| USD	RENAISSANCE RE HLG COM USD1 | 62.00 | 11 676.46 | 0.00 |
| Total Bermuda |  | 71 160.43 | 0.01 |
| Canada |  |  |  |
| USD	LULULEMON ATHLETIC COM STK USD0.01 | 206.00 | 46 492.14 | 0.01 |
| Total Canada |  | 46 492.14 | 0.01 |
| Finland |  |  |  |
| EUR	ELISA CORPORATION EUR0.50 | 511.00 | 27 331.92 | 0.01 |
| EUR	FORTUM OYJ EUR3.40 | 4 223.00 | 99 597.82 | 0.02 |
| EUR	NESTE OIL OYJ NPV | 20 965.00 | 709 199.16 | 0.14 |
| EUR	NOKIA OYJ NPV | 20 005.00 | 70 837.71 | 0.01 |
| EUR	NOKIAN RENKAAT OYJ NPV | 617.00 | 16 708.27 | 0.00 |
| EUR	ORION CORP SER’B’NPV | 502.00 | 21 863.46 | 0.01 |
| EUR	SAMPO OYJ SER’A’NPV | 1 518.00 | 61 426.51 | 0.01 |
| EUR	STORA ENSO OYJ NPV SER’R’ | 1 659.00 | 22 316.40 | 0.01 |
| EUR	UPM-KYMMENE CORP NPV | 1 881.00 | 62 883.40 | 0.01 |
| Total Finland |  | 1 092 164.65 | 0.22 |
| France |  |  |  |
| EUR	BOLLORE EUR0.16 (RFD 01/01/2020) | 11.00 | 46.21 | 0.00 |
| EUR	GECINA EUR7.50 | 161.00 | 27 834.92 | 0.01 |
| EUR	MICHELIN (CGDE) EUR2 | 580.00 | 69 642.42 | 0.01 |
| Total France |  | 97 523.55 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Germany |  |  |  |  |
| EUR | ADIDAS AG NPV (REGD) | 614.00 | 191 420.73 | 0.04 |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 5 607.00 | 1 343 718.17 | 0.27 |
| EUR | AXEL SPRINGER SE NPV (ASD 02/08/19 TRAVIATA) | 249.00 | 17 159.21 | 0.00 |
| EUR | BASF SE NPV | 3 123.00 | 234 910.10 | 0.05 |
| EUR | BAYER AG NPV (REGD) | 3 137.00 | 237 623.42 | 0.05 |
| EUR | BRENNTAG AG | 518.00 | 27 649.22 | 0.00 |
| EUR | DAIMLER AG ORD NPV(REGD) | 3 118.00 | 176 020.83 | 0.03 |
| EUR | DELIVERY HERO SE NPV | 373.00 | 19 740.95 | 0.00 |
| EUR | DEUTSCHE BANK AG NPV(REGD) | 6 050.00 | 43 653.26 | 0.01 |
| EUR | DEUTSCHE BOERSE AG NPV(REGD) | 598.00 | 91 815.16 | 0.02 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 859.00 | 16 309.64 | 0.00 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 3 457.00 | 128 987.53 | 0.03 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 11 276.00 | 189 427.94 | 0.04 |
| EUR | E.ON SE NPV | 7 912.00 | 82 858.38 | 0.02 |
| EUR | EVONIK INDUSTRIES NPV | 735.00 | 21 346.23 | 0.00 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 183.00 | 33 999.22 | 0.01 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 4 133.00 | 88 352.00 | 0.02 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 185.00 | 50 158.93 | 0.01 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 478.00 | 137 347.35 | 0.03 |
| EUR | SIEMENS AG NPV(REGD) | 2 579.00 | 333 043.06 | 0.07 |
| EUR | SIEMENS HEALTHINEE NPV | 2 129.00 | 103 334.11 | 0.02 |
| EUR | TELEFONICA DEUTSCH NPV | 84 317.00 | 257 614.12 | 0.05 |
| GBP | TUI AG NPV (REGD) | 1 219.00 | 16 769.02 | 0.00 |
| EUR | UNIPER SE NPV | 5 418.00 | 175 034.88 | 0.03 |
| EUR | UNITED INTERNET AG NPV(REGD) | 501.00 | 16 986.38 | 0.00 |
| EUR | VONOVIA SE NPV | 1 739.00 | 90 674.86 | 0.02 |
| Total Germany	4 125 954.70	0.82 |
| Ireland |  |  |  |  |
| USD | ACCENTURE PLC SHS CL A ‘NEW’ | 2 768.00 | 556 810.88 | 0.11 |
| USD | ALLEGION PLC CIM USD0.01 | 191.00 | 22 925.73 | 0.01 |
| USD | APTIV PLC COM USD0.01 | 489.00 | 45 907.32 | 0.01 |
| EUR | CRH ORD EUR0.32 | 2 297.00 | 87 959.71 | 0.02 |
| USD | EATON CORP PLC COM USD0.01 | 802.00 | 74 185.00 | 0.02 |
| GBP | EXPERIAN ORD USD0.10 | 1 767.00 | 58 580.30 | 0.01 |
| USD | JAZZ PHARMA PLC COM USD0.0001 | 2 061.00 | 311 458.32 | 0.06 |
| EUR | KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 327.00 | 17 638.12 | 0.00 |
| USD | PENTAIR PLC COM USD0.01 | 381.00 | 16 897.35 | 0.00 |
| USD | PERRIGO CO LTD COM EUR0.001 | 333.00 | 17 059.59 | 0.00 |
| EUR | SMURFIT KAPPA GRP ORD EUR0.001 | 523.00 | 18 568.45 | 0.00 |
| USD | STERIS PLC ORD USD0.001 | 156.00 | 23 577.84 | 0.01 |
| Total Ireland |  | 1 251 568.61 | 0.25 |
| Isle of Man |  |  |  |
| GBP	GVC HLDGS PLC ORD EUR0.01 | 923.00 | 10 167.26 | 0.00 |
| Total Isle of Man |  | 10 167.26 | 0.00 |
| Italy |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 1 711.00 | 37 957.36 | 0.01 |
| EUR	DAVIDE DE CAMPARI EUR0.05 (POST SUBD) | 1 650.00 | 15 072.82 | 0.00 |
| EUR	ENEL EUR1 | 26 144.00 | 197 633.62 | 0.04 |
| EUR	ENI SPA EUR1 | 46 242.00 | 699 227.89 | 0.14 |
| EUR	FERRARI NV EUR0.01(NEW) | 410.00 | 69 346.92 | 0.01 |
| EUR	INTESA SANPAOLO NPV | 52 675.00 | 133 611.79 | 0.03 |
| EUR	MEDIOBANCA SPA EUR0.5 | 1 784.00 | 19 965.44 | 0.00 |
| EUR	MONCLER SPA NPV | 654.00 | 28 678.16 | 0.01 |
| EUR	PIRELLI & C SPA NPV | 1 172.00 | 6 655.07 | 0.00 |
| EUR	PRYSMIAN SPA EUR0.10 | 841.00 | 19 185.56 | 0.00 |
| EUR	RECORDATI EUR0.125 | 362.00 | 15 195.31 | 0.00 |
| EUR	SNAM EUR1 | 6 317.00 | 31 426.64 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 4 262.00 | 27 396.81 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 54 075.00 | 748 985.32 | 0.15 |
| Total Italy |  | 2 050 338.71 | 0.41 |
| Japan |  |  |  |
| JPY	AEON CO LTD NPV | 1 500.00 | 30 586.25 | 0.01 |
| JPY	AGC INC NPV | 200.00 | 7 296.14 | 0.00 |
| JPY	AJINOMOTO CO INC NPV | 1 000.00 | 16 656.01 | 0.00 |
| JPY	ALFRESA HOLDINGS NPV | 800.00 | 16 517.21 | 0.00 |
| JPY	ALPS ALPINE CO LTD NPV | 400.00 | 9 025.66 | 0.00 |
| JPY	ANA HOLDINGS INC NPV | 500.00 | 17 016.71 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 17 900.00 | 860 756.09 | 0.17 |
| JPY	ASAHI KASEI CORP NPV | 2 900.00 | 32 559.13 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 10 300.00 | 175 648.34 | 0.03 |
| JPY	BRIDGESTONE CORP NPV | 1 300.00 | 51 935.89 | 0.01 |
| JPY	BROTHER INDUSTRIES NPV | 900.00 | 17 833.99 | 0.00 |
| JPY	CANON INC NPV | 2 100.00 | 58 104.28 | 0.01 |
| JPY	CASIO COMPUTER CO NPV | 500.00 | 9 528.81 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 1 200.00 | 16 721.76 | 0.00 |
| JPY	CHUGOKU ELEC POWER NPV | 800.00 | 10 570.72 | 0.00 |
| JPY	DAI NIPPON PRINTNG NPV | 900.00 | 24 055.34 | 0.01 |
| JPY	DAIWA SECS GROUP NPV | 4 100.00 | 20 778.92 | 0.00 |
| JPY	DENSO CORP NPV | 1 000.00 | 44 635.19 | 0.01 |
| JPY	EAST JAPAN RAILWAY NPV | 600.00 | 55 173.04 | 0.01 |
| JPY	ELEC POWER DEV NPV | 400.00 | 9 588.17 | 0.00 |
| JPY	FAMILYMART CO LTD NPV | 700.00 | 16 517.22 | 0.00 |
| JPY	FUJI FILM HLD CORP NPV | 3 000.00 | 141 685.69 | 0.03 |
| JPY	FUJITSU NPV | 400.00 | 36 347.37 | 0.01 |
| JPY	HAMAMATSU PHOTONIC NPV | 400.00 | 16 199.43 | 0.00 |
| JPY	HITACHI NPV | 2 100.00 | 82 458.22 | 0.02 |
| JPY	HONDA MOTOR CO NPV | 3 500.00 | 98 023.01 | 0.02 |
| JPY	HOYA CORP NPV | 2 600.00 | 237 183.82 | 0.05 |
| JPY	INPEX CORPORATION NPV | 2 000.00 | 19 523.33 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | ITOCHU CORP NPV | 42 600.00 | 928 945.30 | 0.19 |
| JPY | JAPAN AIRLINES CO NPV | 400.00 | 12 426.26 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 2 200.00 | 20 672.08 | 0.00 |
| JPY | JAPAN RETAIL FUND INVESTMENT CORP | 9.00 | 20 488.54 | 0.00 |
| JPY | JAPAN TOBACCO INC NPV | 2 600.00 | 59 224.73 | 0.01 |
| JPY | JFE HOLDINGS INC NPV | 8 000.00 | 101 908.50 | 0.02 |
| JPY | JXTG HOLDINGS INC NPV | 7 000.00 | 31 104.01 | 0.01 |
| JPY | KDDI CORP NPV | 29 600.00 | 848 455.84 | 0.17 |
| JPY | KEYENCE CORP NPV | 400.00 | 136 754.63 | 0.03 |
| JPY | KONAMI HOLDINGS CORP NPV | 200.00 | 8 802.85 | 0.00 |
| JPY | KUBOTA CORP NPV | 2 300.00 | 35 462.97 | 0.01 |
| JPY | KYOCERA CORP NPV | 700.00 | 47 602.05 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 400.00 | 8 485.07 | 0.00 |
| JPY | LAWSON INC NPV | 8 900.00 | 484 375.85 | 0.10 |
| JPY | LIXIL GROUP CORP COM NPV | 1 000.00 | 16 893.43 | 0.00 |
| JPY | MARUBENI CORP NPV | 80 000.00 | 590 411.83 | 0.12 |
| JPY | MAZDA MOTOR CORP NPV | 2 000.00 | 17 715.28 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 8 800.00 | 188 680.48 | 0.04 |
| JPY | MERCARI INC NPV | 200.00 | 4 408.73 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 2 500.00 | 18 530.27 | 0.00 |
| JPY | MITSUBISHI CORP NPV | 2 900.00 | 75 896.26 | 0.02 |
| JPY | MITSUBISHI ELEC CP NPV | 3 900.00 | 53 829.33 | 0.01 |
| JPY | MITSUBISHI ESTATE NPV | 2 500.00 | 45 806.32 | 0.01 |
| JPY | MITSUBISHI HVY IND NPV | 15 800.00 | 604 240.70 | 0.12 |
| JPY | MITSUBISHI MATERLS NPV | 600.00 | 16 020.45 | 0.00 |
| JPY | MITSUBISHI TANABE PHARMA CORP NPV | 15 800.00 | 288 990.96 | 0.06 |
| JPY | MITSUBISHI UFJ FIN NPV | 26 000.00 | 137 253.22 | 0.03 |
| JPY | MITSUI & CO NPV | 3 500.00 | 61 987.49 | 0.01 |
| JPY | MITSUI O.S.K.LINES NPV | 400.00 | 10 483.06 | 0.00 |
| JPY | MIZUHO FINL GP NPV | 49 400.00 | 76 326.18 | 0.02 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 1 100.00 | 35 568.44 | 0.01 |
| JPY | MURATA MFG CO NPV | 1 200.00 | 69 516.94 | 0.01 |
| JPY | NEC CORP NPV | 600.00 | 23 970.41 | 0.01 |
| JPY | NEXON CO LTD NPV | 1 100.00 | 14 996.80 | 0.00 |
| JPY | NGK INSULATORS NPV | 800.00 | 13 186.01 | 0.00 |
| JPY | NGK SPARK PLUG CO NPV | 500.00 | 10 003.65 | 0.00 |
| JPY | NIKON CORP NPV | 800.00 | 10 965.21 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 200.00 | 77 344.53 | 0.02 |
| JPY | NIPPON PROLOGIS RE REIT | 8.00 | 21 455.57 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 19 800.00 | 999 311.47 | 0.20 |
| JPY | NIPPON YUSEN KK NPV | 600.00 | 10 294.95 | 0.00 |
| JPY | NISSAN MOTOR CO NPV | 5 500.00 | 34 091.86 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 7 100.00 | 36 352.57 | 0.01 |
| JPY | NOMURA REAL EST MA REIT | 11.00 | 20 069.40 | 0.00 |
| JPY | NOMURA RESEARCH IN NPV | 1 000.00 | 21 084.83 | 0.01 |
| JPY | NTT DATA CORP NPV | 1 400.00 | 19 074.06 | 0.00 |
| JPY | NTT DOCOMO NPV | 36 900.00 | 1 011 877.45 | 0.20 |
| JPY | OMRON CORP NPV | 400.00 | 23 486.44 | 0.01 |
| JPY | ORIX CORP NPV | 1 600.00 | 26 189.39 | 0.01 |
| JPY | ORIX JREIT INC REIT | 9.00 | 19 781.75 | 0.00 |
| JPY | OSAKA GAS CO NPV | 1 000.00 | 18 738.01 | 0.00 |
| JPY | OTSUKA CORP NPV | 200.00 | 8 008.40 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 700.00 | 30 515.93 | 0.01 |
| JPY | PANASONIC CORP NPV | 4 900.00 | 46 176.60 | 0.01 |
| JPY | PARK 24 CO LTD NPV | 400.00 | 9 661.22 | 0.00 |
| JPY | RENESAS ELECTRONIC NPV | 1 100.00 | 7 161.90 | 0.00 |
| JPY | RESONA HOLDINGS NPV | 4 300.00 | 18 223.27 | 0.00 |
| JPY | RICOH CO NPV | 700.00 | 7 203.91 | 0.00 |
| JPY | ROHM CO LTD NPV | 200.00 | 16 802.12 | 0.00 |
| JPY | SANTEN PHARM CO NPV | 1 000.00 | 18 719.75 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 1 200.00 | 20 874.81 | 0.01 |
| JPY | SEVEN & I HOLDINGS NPV | 1 600.00 | 59 581.77 | 0.01 |
| JPY | SG HOLDINGS CO LTD NPV | 300.00 | 7 193.86 | 0.00 |
| JPY | SHIMADZU CORP NPV | 800.00 | 24 070.86 | 0.01 |
| JPY | SOFTBANK CORP NPV | 3 500.00 | 47 493.38 | 0.01 |
| JPY | SOFTBANK GROUP CO NPV | 3 300.00 | 128 160.90 | 0.03 |
| JPY | SOHGO SECURITY SER NPV | 200.00 | 10 391.74 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 800.00 | 31 529.54 | 0.01 |
| JPY | SONY CORP NPV | 8 300.00 | 523 269.10 | 0.11 |
| JPY | SUBARU CORPORATION NPV | 1 400.00 | 36 645.97 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 500.00 | 7 720.76 | 0.00 |
| JPY | SUMITOMO CORP NPV | 2 500.00 | 37 644.96 | 0.01 |
| JPY | SUMITOMO ELECTRIC NPV | 1 500.00 | 22 381.52 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 2 800.00 | 101 992.51 | 0.02 |
| JPY | SUMITOMO MITSUI TR NPV | 900.00 | 34 410.56 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 600.00 | 20 896.72 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 3 200.00 | 130 179.89 | 0.03 |
| JPY | TDK CORP NPV | 200.00 | 21 020.91 | 0.00 |
| JPY | TOKIO MARINE HLDG NPV | 1 400.00 | 76 091.68 | 0.02 |
| JPY | TOKYO ELEC POWER H NPV | 1 300.00 | 5 698.11 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 300.00 | 61 912.15 | 0.01 |
| JPY | TOKYU FUDOSAN HLDG NPV | 1 500.00 | 10 286.73 | 0.00 |
| JPY | TOPPAN PRINTING CO NPV | 600.00 | 11 927.68 | 0.00 |
| JPY | TOSHIBA CORP NPV | 1 000.00 | 35 887.13 | 0.01 |
| JPY | TOYOTA MOTOR CORP NPV | 4 800.00 | 334 785.86 | 0.07 |
| JPY | TREND MICRO INC NPV | 300.00 | 16 190.30 | 0.00 |
| JPY | UNICHARM CORP NPV | 900.00 | 29 463.06 | 0.01 |
| JPY | UNITED URBAN INVESTMENT CORP | 10.00 | 19 450.28 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 300.00 | 26 400.33 | 0.01 |
| JPY | YAMAHA MOTOR CO NPV | 400.00 | 8 353.57 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 500.00 | 18 354.49 | 0.00 |
| JPY | YOKOGAWA ELECTRIC NPV | 900.00 | 16 461.51 | 0.00 |
| JPY | YOKOHAMA RUBBER CO NPV | 500.00 | 10 295.86 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 2 400.00 | 8 262.26 | 0.00 |
| Total Japan | 11 720 222.01 | 2.34 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |
| Luxembourg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 2 622.00 | 44 891.72 | 0.01 |
| EUR	TENARIS S.A. USD1 | 1 490.00 | 15 857.02 | 0.00 |
| Total Luxembourg |  | 60 748.74 | 0.01 |
| The Netherlands |  |  |  |
| EUR	ADYEN NV EUR0.01 | 33.00 | 25 331.79 | 0.00 |
| EUR	AEGON NV EUR0.12 | 5 706.00 | 25 744.55 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 1 438.00 | 391 628.08 | 0.08 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 3 191.00 | 34 226.96 | 0.01 |
| EUR	FIAT CHRYSLER AUTO EUR0.01 | 3 419.00 | 50 590.57 | 0.01 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 601.00 | 77 067.66 | 0.02 |
| EUR	NN GROUP N.V. EUR0.12 | 1 072.00 | 41 180.43 | 0.01 |
| EUR	PROSUS N.V. EUR0.05 | 1 547.00 | 105 533.03 | 0.02 |
| GBP	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 9 586.00 | 274 152.75 | 0.05 |
| Total The Netherlands |  | 1 025 455.82 | 0.21 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 51 358.00 | 207 822.30 | 0.04 |
| EUR	GALP ENERGIA EUR1-B | 1 748.00 | 28 476.52 | 0.01 |
| EUR	JERONIMO MARTINS EUR5 | 1 127.00 | 18 011.93 | 0.00 |
| Total Portugal |  | 254 310.75 | 0.05 |
| South Africa |  |  |  |
| GBP	MONDI ORD EUR0.20 | 912.00 | 19 765.40 | 0.00 |
| Total South Africa |  | 19 765.40 | 0.00 |
| Spain |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 77 313.00 | 301 512.67 | 0.06 |
| EUR	BANKINTER SA EUR0.3(REGD) | 2 696.00 | 18 870.13 | 0.01 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 56 605.00 | 298 426.20 | 0.06 |
| EUR	MAPFRE SA EUR0.10 | 6 475.00 | 18 269.56 | 0.00 |
| Total Spain |  | 637 078.56 | 0.13 |
| Sweden |  |  |  |
| USD	AUTOLIV INC COM | 216.00 | 17 651.52 | 0.00 |
| Total Sweden |  | 17 651.52 | 0.00 |
| Switzerland |  |  |  |
| USD	CHUBB LIMITED ORD CHF24.15 | 893.00 | 135 271.64 | 0.03 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 524.00 | 17 480.31 | 0.00 |
| USD	GARMIN LTD COM CHF10.00 | 3 553.00 | 347 092.57 | 0.07 |
| USD	TE CONNECTIVITY LT COM CHF0.57 | 694.00 | 64 340.74 | 0.01 |
| Total Switzerland |  | 564 185.26 | 0.11 |
| United Arab Emirates |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 225.00 | 7 302.13 | 0.00 |
| Total United Arab Emirates |  | 7 302.13 | 0.00 |
| United Kingdom |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 259.00 | 7 169.35 | 0.00 |
| USD	AMCOR PLC ORD USD0.01 | 2 600.00 | 26 676.00 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 1 983.00 | 51 979.94 | 0.01 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 1 773.00 | 19 906.50 | 0.00 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 845.00 | 25 685.68 | 0.01 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 856.00 | 28 444.89 | 0.01 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 2 829.00 | 20 565.33 | 0.00 |
| GBP	BARCLAYS ORD GBP0.25 | 88 268.00 | 195 855.21 | 0.04 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 2 236.00 | 132 639.32 | 0.03 |
| GBP	BP ORD USD0.25 | 44 801.00 | 278 276.35 | 0.06 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 981.00 | 26 698.15 | 0.01 |
| USD	CAPRI HOLDINGS LTD COM NPV | 424.00 | 15 747.36 | 0.00 |
| GBP	CARNIVAL PLC ORD USD1.66 | 376.00 | 15 821.16 | 0.00 |
| GBP	CENTRICA ORD GBP0.061728395 | 7 338.00 | 7 614.24 | 0.00 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 8 612.00 | 211 040.14 | 0.04 |
| GBP	CRODA INTL ORD GBP0.10609756 | 243.00 | 15 653.16 | 0.00 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 5 214.00 | 213 457.38 | 0.04 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 2 305.00 | 9 105.55 | 0.00 |
| GBP	EASYJET ORD GBP0.27285714 | 466.00 | 8 065.08 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 495.00 | 43 039.79 | 0.01 |
| GBP	G4S ORD GBP0.25 | 2 897.00 | 7 835.54 | 0.00 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 10 595.00 | 240 379.25 | 0.05 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 763.00 | 18 307.75 | 0.00 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 44 912.00 | 334 793.84 | 0.07 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 15 672.00 | 345 268.13 | 0.07 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 327.00 | 21 178.33 | 0.01 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 267.00 | 19 050.31 | 0.00 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 11 771.00 | 42 769.24 | 0.01 |
| USD	LIBERTY GLOBAL INC USD0.01 C | 798.00 | 17 157.00 | 0.00 |
| USD	LINDE PLC COM EUR0.001 | 1 053.00 | 217 139.13 | 0.04 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 628.00 | 55 822.49 | 0.01 |
| GBP	M&G PLC ORD GBP0.05 | 4 765.00 | 14 545.92 | 0.00 |
| GBP	MICRO FOCUS INTL ORD GBP0.10 | 880.00 | 12 894.44 | 0.00 |
| GBP	MORRISON(W)SUPRMKT ORD GBP0.10 | 30 727.00 | 78 815.08 | 0.02 |
| GBP	NEXT ORD GBP0.10 | 277.00 | 24 213.88 | 0.01 |
| GBP	PEARSON ORD GBP0.25 | 1 780.00 | 14 887.51 | 0.00 |
| GBP	PERSIMMON ORD GBP0.10 | 4 402.00 | 145 652.19 | 0.03 |
| GBP	PRUDENTIAL ORD GBP0.05 | 5 384.00 | 95 862.27 | 0.02 |
| GBP	RIO TINTO ORD GBP0.10 | 2 502.00 | 135 974.70 | 0.03 |
| GBP	ROYAL BK SCOT GRP ORD GBP1 (POST CONS) | 10 058.00 | 29 428.68 | 0.01 |
| GBP	RSA INSURANCE GRP ORD GBP1.00 | 2 174.00 | 15 505.75 | 0.00 |
| GBP	SAINSBURY(J) ORD GBP0.28571428 | 120 440.00 | 333 856.13 | 0.07 |
| GBP	SCHRODERS VTG SHS GBP1 | 291.00 | 12 417.72 | 0.00 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 5 150.00 | 115 311.00 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| GBP | STANDARD CHARTERED ORD USD0.50 | 6 757.00 | 60 954.01 | 0.01 |
| GBP | STD LIFE ABERDEEN ORD GBP0.1396825396 | 5 146.00 | 21 093.97 | 0.01 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 6 153.00 | 13 868.39 | 0.00 |
| USD | TECHNIPFMC PLC COM USD1 | 34 662.00 | 653 032.08 | 0.13 |
| GBP | TESCO ORD GBP0.05 | 19 990.00 | 59 316.11 | 0.01 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 15 259.00 | 903 583.51 | 0.18 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 105 983.00 | 210 239.71 | 0.04 |
| Total United Kingdom |  | 5 624 594.64 | 1.12 |
| United States |  |  |  |
| USD	ABBOTT LABS COM | 3 412.00 | 291 555.40 | 0.06 |
| USD	ABBVIE INC COM USD0.01 | 4 521.00 | 396 627.33 | 0.08 |
| USD	ABIOMED INC COM | 64.00 | 12 555.52 | 0.00 |
| USD	ACTIVISION BLIZZAR COM STK USD0.000001 | 1 470.00 | 80 600.10 | 0.02 |
| USD	ACUITY BRANDS INC COM STK USD0.01 | 50.00 | 6 539.00 | 0.00 |
| USD	ADOBE INC COM USD0.0001 | 943.00 | 291 886.79 | 0.06 |
| USD	ADVANCE AUTO PARTS COM USD0.0001 | 156.00 | 24 504.48 | 0.00 |
| USD	ADVANCED MICRO DEV COM USD0.01 | 1 959.00 | 76 694.85 | 0.02 |
| USD	AES CORP COM | 8 871.00 | 167 750.61 | 0.03 |
| USD	AGILENT TECHNOLOGIES INC COM | 551.00 | 44 504.27 | 0.01 |
| USD	AGNC INV CORP COM USD0.01 | 40 145.00 | 695 311.40 | 0.14 |
| USD	AIR PRODS & CHEMS COM USD1 | 417.00 | 98 549.61 | 0.02 |
| USD	ALEXANDRIA REAL ESTATE EQ INC COM | 222.00 | 36 079.44 | 0.01 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 2 582.00 | 294 193.08 | 0.06 |
| USD	ALLERGAN PLC COM USD0.0001 | 609.00 | 112 628.46 | 0.02 |
| USD	ALLSTATE CORP COM | 1 735.00 | 193 192.25 | 0.04 |
| USD	ALLY FINANCIAL INC COM USD0.01 | 6 222.00 | 198 108.48 | 0.04 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 907.00 | 1 182 809.63 | 0.24 |
| USD	ALTRIA GROUP INC COM USD0.333333 | 3 621.00 | 179 963.70 | 0.04 |
| USD	AMAZON COM INC COM USD0.01 | 1 229.00 | 2 213 183.20 | 0.44 |
| USD	AMER EXPRESS CO COM USD0.20 | 1 393.00 | 167 327.16 | 0.03 |
| USD	AMER FINL GP OHIO COM NPV | 800.00 | 87 768.00 | 0.02 |
| USD	AMER INTL GRP COM USD2.50 | 1 794.00 | 94 472.04 | 0.02 |
| USD	AMER TOWER CORP COM NEW USD0.01 | 851.00 | 182 139.53 | 0.04 |
| USD	AMEREN CORP COM | 442.00 | 32 853.86 | 0.01 |
| USD	AMERIPRISE FINL INC COM | 4 969.00 | 814 270.03 | 0.16 |
| USD	AMERISOURCEBERGEN COM STK USD0.01 | 2 221.00 | 195 248.11 | 0.04 |
| USD	AMETEK INC COM USD0.01 | 421.00 | 41 683.21 | 0.01 |
| USD	AMGEN INC COM USD0.0001 | 5 379.00 | 1 262 558.88 | 0.25 |
| USD	AMPHENOL CORP NEW CL A | 560.00 | 58 240.00 | 0.01 |
| USD	ANALOG DEVICES INC COM | 733.00 | 82 792.35 | 0.02 |
| USD	ANNALY CAPITAL MAN COM USD0.01 | 2 883.00 | 26 898.39 | 0.01 |
| USD	ANTHEM INC COM USD0.01 | 492.00 | 142 020.72 | 0.03 |
| USD	APACHE CORP COM USD0.625 | 904.00 | 20 141.12 | 0.00 |
| USD	APPLE INC COM NPV | 18 007.00 | 4 812 370.75 | 0.96 |
| USD	APPLIED MATLS INC COM | 1 830.00 | 105 957.00 | 0.02 |
| USD	ARAMARK COM USD0.01 | 369.00 | 16 103.16 | 0.00 |
| USD	ARCHER DANIELS MIDLAND CO COM | 8 224.00 | 353 056.32 | 0.07 |
| USD	ARCONIC INC COM USD1.00 | 669.00 | 20 712.24 | 0.00 |
| USD	ASSURANT INC COM | 96.00 | 12 755.52 | 0.00 |
| USD	AT&T INC COM USD1 | 13 998.00 | 523 245.24 | 0.10 |
| USD	ATHENE HOLDING LTD COM USD0.001 CL A | 10 318.00 | 464 516.36 | 0.09 |
| USD	ATMOS ENERGY CORP COM | 237.00 | 25 349.52 | 0.01 |
| USD	AUTO DATA PROCESS COM USD0.10 | 762.00 | 130 134.36 | 0.03 |
| USD	AUTODESK INC COM USD0.01 | 436.00 | 78 872.40 | 0.02 |
| USD	AUTOZONE INC COM USD0.01 | 49.00 | 57 718.08 | 0.01 |
| USD	AVALONBAY COMMUNI COM USD0.01 | 266.00 | 57 033.06 | 0.01 |
| USD	AVERY DENNISON CORP COM | 202.00 | 26 334.74 | 0.01 |
| USD	AXA EQUITABLE HLD COM USD0.01 | 828.00 | 20 484.72 | 0.00 |
| USD	AXALTA COATING SYS COM USD1.00 | 367.00 | 10 448.49 | 0.00 |
| USD	BALL CORP COM NPV | 630.00 | 41 617.80 | 0.01 |
| USD	BAXTER INTL INC COM USD1 | 892.00 | 73 117.24 | 0.01 |
| USD	BB&T CORP COM USD5 | 1 482.00 | 81 095.04 | 0.02 |
| USD	BECTON DICKINSON COM USD1 | 521.00 | 134 678.50 | 0.03 |
| USD	BEST BUY CO INC COM USD0.10 | 4 982.00 | 401 748.48 | 0.08 |
| USD	BIOGEN INC COM STK USD0.0005 | 3 098.00 | 928 811.38 | 0.19 |
| USD	BK OF AMERICA CORP COM USD0.01 | 17 355.00 | 578 268.60 | 0.12 |
| USD	BK OF NY MELLON CP COM STK USD0.01 | 1 658.00 | 81 192.26 | 0.02 |
| USD	BOEING CO COM USD5 | 1 025.00 | 375 334.50 | 0.07 |
| USD	BOOKING HLDGS INC COM USD0.008 | 415.00 | 790 172.45 | 0.16 |
| USD	BORG WARNER INC COM | 349.00 | 14 675.45 | 0.00 |
| USD	BRISTOL-MYRS SQUIB COM STK USD0.10 | 26 428.00 | 1 504 810.32 | 0.30 |
| USD	BROADCOM CORP COM USD1.00 | 761.00 | 240 635.81 | 0.05 |
| USD	BUNGE LIMITED COM USD0.01 | 213.00 | 11 369.94 | 0.00 |
| USD	BURLINGTON STORES COM USD0.0001 | 95.00 | 21 375.00 | 0.00 |
| USD	CAPITAL ONE FINL COM USD0.01 | 8 914.00 | 891 489.14 | 0.18 |
| USD	CARDINAL HEALTH INC COM | 617.00 | 33 953.51 | 0.01 |
| USD	CARMAX INC COM USD0.50 | 342.00 | 33 262.92 | 0.01 |
| USD	CARNIVAL CORP COM USD0.01(PAIRED STOCK) | 6 744.00 | 304 019.52 | 0.06 |
| USD	CATERPILLAR INC DEL COM | 6 778.00 | 980 979.94 | 0.20 |
| USD	CBOE GLOBAL MARKET COM USD0.01 | 222.00 | 26 395.80 | 0.01 |
| USD	CBRE GROUP INC CLASS ‘A’ USD0.01 | 12 871.00 | 733 904.42 | 0.15 |
| USD	CBS CORP NEW CL B | 719.00 | 29 033.22 | 0.01 |
| USD	CELANESE CORP COM SERIES ‘A’ USD0.0001 | 2 965.00 | 372 315.05 | 0.07 |
| USD	CENTENE CORP DEL COM | 2 207.00 | 133 457.29 | 0.03 |
| USD	CENTERPOINT ENERGY INC COM | 1 027.00 | 25 223.12 | 0.00 |
| USD	CENTURYLINK INC COM | 48 561.00 | 703 648.89 | 0.14 |
| USD	CF INDS HLDGS INC COM | 530.00 | 24 491.30 | 0.00 |
| USD	CH ROBINSON WORLDW COM USD0.1 | 7 592.00 | 583 445.20 | 0.12 |
| USD	CHARTER COMMUN INC COM USD0.001 CLASS ‘A’ | 299.00 | 140 532.99 | 0.03 |
| USD	CHEVRON CORP COM USD0.75 | 3 633.00 | 425 533.29 | 0.08 |
| USD	CHIPOTLE MEXICAN GRILL INC CL A | 49.00 | 39 882.08 | 0.01 |
| USD	CHURCH & DWIGHT INC COM | 4 813.00 | 338 065.12 | 0.07 |
| USD	CIGNA CORP COM USD0.25 | 721.00 | 144 142.32 | 0.03 |
| USD	CISCO SYSTEMS COM USD0.001 | 31 045.00 | 1 406 648.95 | 0.28 |
| USD	CITIGROUP INC COM USD0.01 | 4 447.00 | 334 058.64 | 0.07 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | CITIZENS FINL GP COM USD0.01 | 898.00 | 34 537.08 | 0.01 |
| USD | CITRIX SYSTEMS INC COM USD0.001 | 6 462.00 | 728 978.22 | 0.15 |
| USD | COGNIZANT TECHNOLO COM CL’A’USD0.01 | 1 003.00 | 64 302.33 | 0.01 |
| USD | COMCAST CORP COM CLS’A’ USD0.01 | 8 751.00 | 386 356.65 | 0.08 |
| USD | COMERICA INC COM | 8 708.00 | 613 130.28 | 0.12 |
| USD | CONAGRA BRANDS IN COM USD5 | 775.00 | 22 374.25 | 0.00 |
| USD | CONCHO RES INC COM USD0.001 | 429.00 | 31 128.24 | 0.01 |
| USD | CONOCOPHILLIPS COM USD0.01 | 2 173.00 | 130 249.62 | 0.03 |
| USD | CONSOLIDATED EDISON INC COM | 583.00 | 50 656.87 | 0.01 |
| USD | CONTINENTAL RES IN COM STK USD0.01 | 197.00 | 6 083.36 | 0.00 |
| USD | COOPER COS INC COM USD0.10 | 86.00 | 26 925.74 | 0.01 |
| USD | CORNING INC COM USD0.50 | 1 475.00 | 42 834.00 | 0.01 |
| USD | CORTEVA INC COM USD0.01 | 1 468.00 | 38 197.36 | 0.01 |
| USD | COSTCO WHSL CORP NEW COM | 842.00 | 252 440.02 | 0.05 |
| USD | CROWN CASTLE INTL COM USD0.01 | 829.00 | 110 804.14 | 0.02 |
| USD | CROWN HOLDINGS INC COM USD5 | 221.00 | 16 773.90 | 0.00 |
| USD | CUMMINS INC COM | 4 492.00 | 821 407.12 | 0.16 |
| USD | CVS HEALTH CORP COM STK USD0.01 | 2 492.00 | 187 572.84 | 0.04 |
| USD | D R HORTON INC COM | 1 918.00 | 106 161.30 | 0.02 |
| USD | DANAHER CORP COM USD0.01 | 1 193.00 | 174 154.14 | 0.03 |
| USD | DARDEN RESTAURANTS INC COM | 257.00 | 30 439.08 | 0.01 |
| USD | DAVITA INC COM USD0.001 | 186.00 | 13 349.22 | 0.00 |
| USD | DELL TECHNOLOGIES COM USD0.01 CL C | 341.00 | 16 535.09 | 0.00 |
| USD | DELTA AIRLINES INC COM USD0.0001 | 12 442.00 | 713 051.02 | 0.14 |
| USD | DENTSPLY SIRONA IN COM NPV | 463.00 | 26 178.02 | 0.01 |
| USD | DIAMONDBACK ENERGY COM USD0.01 | 324.00 | 25 058.16 | 0.00 |
| USD | DISCOVER FINL SVCS COM STK USD0.01 | 9 311.00 | 790 224.57 | 0.16 |
| USD | DISH NETWORK CORPO CLASS’A’COM USD0.01 | 580.00 | 19 818.60 | 0.00 |
| USD | DOCUSIGN INC COM USD0.0001 | 200.00 | 14 242.00 | 0.00 |
| USD | DOLLAR GENERAL CP COM USD0.875 | 494.00 | 77 735.84 | 0.02 |
| USD | DOLLAR TREE INC | 426.00 | 38 961.96 | 0.01 |
| USD | DOMINOS PIZZA INC COM USD0.01 | 83.00 | 24 426.90 | 0.00 |
| USD | DOVER CORP COM | 294.00 | 32 775.12 | 0.01 |
| USD | DOW INC COM USD0.01 | 1 492.00 | 79 628.04 | 0.02 |
| USD | DTE ENERGY CO COM | 321.00 | 40 105.74 | 0.01 |
| USD | DUPONT DE NEMOURS COM USD0.01 | 1 421.00 | 92 095.01 | 0.02 |
| USD | DXC TECHNOLOGY CO COM USD0.01 | 11 303.00 | 421 940.99 | 0.08 |
| USD | E TRADE FINANCIAL COM USD0.01 | 507.00 | 22 460.10 | 0.00 |
| USD | EAST WEST BANCORP INC COM | 237.00 | 10 859.34 | 0.00 |
| USD | EASTMAN CHEM CO COM | 1 898.00 | 148 746.26 | 0.03 |
| USD | EATON VANCE CORP COM NON VTG | 311.00 | 14 669.87 | 0.00 |
| USD | EBAY INC COM USD0.001 | 19 896.00 | 706 705.92 | 0.14 |
| USD | EDISON INTL COM | 675.00 | 46 642.50 | 0.01 |
| USD | ELANCO ANIMAL HEAL COM NPV | 635.00 | 17 595.85 | 0.00 |
| USD | ELECTRONIC ARTS INC COM | 548.00 | 55 353.48 | 0.01 |
| USD | ELI LILLY AND CO COM NPV | 1 669.00 | 195 857.15 | 0.04 |
| USD | EMERSON ELEC CO COM | 1 157.00 | 85 456.02 | 0.02 |
| USD | ENTERGY CORP NEW COM | 393.00 | 45 741.27 | 0.01 |
| USD | EQUINIX INC COM USD0.001 NEW | 153.00 | 86 728.05 | 0.02 |
| USD | ESTEE LAUDER COS CLASS’A’COM USD0.01 | 893.00 | 174 554.71 | 0.03 |
| USD | EVERGY INC COM NPV | 522.00 | 33 026.94 | 0.01 |
| USD | EVERSOURCE ENERGY COM USD5 | 667.00 | 55 120.88 | 0.01 |
| USD | EXELON CORP COM NPV | 1 833.00 | 81 403.53 | 0.02 |
| USD | EXPEDIA GROUP INC COM USD0.001 | 260.00 | 26 431.60 | 0.01 |
| USD | EXTRA SPACE STORAG COM USD0.01 | 249.00 | 26 406.45 | 0.01 |
| USD | EXXON MOBIL CORP COM NPV | 8 156.00 | 555 668.28 | 0.11 |
| USD | FACEBOOK INC COM USD0.000006 CL ‘A’ | 5 718.00 | 1 152 977.52 | 0.23 |
| USD | FED REALTY INV TR SBI USD0.01 | 163.00 | 21 527.41 | 0.00 |
| USD | FEDEX CORP COM USD0.10 | 481.00 | 76 984.05 | 0.02 |
| USD | FIDELITY NATL INF COM STK USD0.01 | 1 228.00 | 169 648.20 | 0.03 |
| USD | FIFTH THIRD BANCORP COM | 26 648.00 | 804 503.12 | 0.16 |
| USD | FIRST REPUBLIC BAN COM USD0.01 | 269.00 | 29 563.10 | 0.01 |
| USD | FIRSTENERGY CORP COM USD0.10 | 951.00 | 45 353.19 | 0.01 |
| USD | FISERV INC COM USD0.01 | 1 044.00 | 121 354.56 | 0.02 |
| USD | FLEETCOR TECHNOLOG COM STK USD0.001 | 179.00 | 54 938.68 | 0.01 |
| USD | FORD MOTOR CO COM STK USD0.01 | 6 724.00 | 60 919.44 | 0.01 |
| USD | FORTUNE BRANDS HOME USD0.01 WI | 344.00 | 21 761.44 | 0.00 |
| USD | FOX CORP COM USD0.01 CL A | 600.00 | 21 456.00 | 0.00 |
| USD | FOX CORP COM USD0.01 CL B | 300.00 | 10 494.00 | 0.00 |
| USD | FREEPORT-MCMORAN COM STK USD0.10 | 2 760.00 | 31 408.80 | 0.01 |
| USD | GENERAL MLS INC COM | 7 119.00 | 379 585.08 | 0.08 |
| USD | GENERAL MOTORS CO COM USD0.01 | 2 572.00 | 92 592.00 | 0.02 |
| USD | GENUINE PARTS CO COM STK USD1 | 958.00 | 99 986.46 | 0.02 |
| USD | GILEAD SCIENCES COM USD0.001 | 11 399.00 | 766 468.76 | 0.15 |
| USD | GLOBAL PAYMENTS COM NPV | 559.00 | 101 234.90 | 0.02 |
| USD | GLOBE LIFE INC COM USD1.00 | 253.00 | 25 998.28 | 0.01 |
| USD | GODADDY INC COM CL A USD0.001 | 269.00 | 17 856.22 | 0.00 |
| USD | GOLDMAN SACHS GRP COM USD0.01 | 632.00 | 139 893.20 | 0.03 |
| USD | GRAINGER W W INC COM | 93.00 | 29 476.35 | 0.01 |
| USD | HALLIBURTON COM STK USD2.50 | 1 583.00 | 33 227.17 | 0.01 |
| USD | HARTFORD FINL SVCS COM USD0.01 | 789.00 | 48 807.54 | 0.01 |
| USD | HASBRO INC COM | 262.00 | 26 645.40 | 0.01 |
| USD | HCA HEALTHCARE INC COM USD0.01 | 2 417.00 | 335 141.22 | 0.07 |
| USD | HD SUPPLY INC COM USD0.01 | 429.00 | 17 082.78 | 0.00 |
| USD | HEALTHPEAK PPTYS I COM USD1 | 921.00 | 32 124.48 | 0.01 |
| USD | HERSHEY COMPANY COM USD1.00 | 4 425.00 | 655 608.00 | 0.13 |
| USD | HESS CORPORATION COM USD1 | 546.00 | 33 901.14 | 0.01 |
| USD | HEWLETT PACKARD EN COM USD0.01 | 7 104.00 | 112 456.32 | 0.02 |
| USD | HILTON WORLDWIDE H COM USD0.01 | 502.00 | 52 710.00 | 0.01 |
| USD | HOLLYFRONTIER CORP COM USD0.01 | 382.00 | 19 692.10 | 0.00 |
| USD | HOLOGIC INC COM USD0.01 | 512.00 | 26 275.84 | 0.01 |
| USD | HOME DEPOT INC COM USD0.05 | 2 121.00 | 467 701.71 | 0.09 |
| USD | HORMEL FOODS CORP COM USD0.0586 | 665.00 | 29 612.45 | 0.01 |
| USD | HOST HOTELS & RESO COM STK USD0.01 | 40 819.00 | 713 924.31 | 0.14 |
| USD | HP INC COM USD0.01 | 17 243.00 | 346 239.44 | 0.07 |
| USD | HUMANA INC COM USD0.166 | 256.00 | 87 354.88 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | HUNTINGTON BANCSHARES INC COM | 2 134.00 | 31 775.26 | 0.01 |
| USD | HUNTINGTON INGALLS COM USD0.01 | 73.00 | 18 371.91 | 0.00 |
| USD | INGERSOLL-RAND PLC SHS USD1 | 480.00 | 62 932.80 | 0.01 |
| USD | INGREDION INC COM USD0.01 | 186.00 | 15 469.62 | 0.00 |
| USD | INTEL CORP COM USD0.001 | 28 508.00 | 1 654 889.40 | 0.33 |
| USD | INTL BUSINESS MCHN COM USD0.20 | 1 712.00 | 230 178.40 | 0.05 |
| USD | INTL PAPER CO COM USD1.00 | 13 860.00 | 642 272.40 | 0.13 |
| USD | INTUIT INC COM USD0.01 | 501.00 | 129 703.89 | 0.03 |
| USD | INVESCO LTD COM STK USD0.20 | 525.00 | 9 219.00 | 0.00 |
| USD | IQVIA HOLDINGS INC COM USD0.01 | 301.00 | 43 939.98 | 0.01 |
| USD | IRON MTN INC NEW COM NPV | 655.00 | 21 038.60 | 0.00 |
| USD | JACOBS ENG GROUP COM USD1 | 301.00 | 27 719.09 | 0.01 |
| USD | JEFFERIES FINL GRP COM USD0.0001 | 10 730.00 | 224 257.00 | 0.04 |
| USD | JOHNSON CTLS INTL COM USD0.01 | 1 616.00 | 69 213.28 | 0.01 |
| USD | JONES LANG LASALLE INC COM | 65.00 | 10 811.45 | 0.00 |
| USD | KANSAS CITY STHN I COM USD0.01 | 223.00 | 33 989.66 | 0.01 |
| USD | KELLOGG CO COM USD0.25 | 531.00 | 34 578.72 | 0.01 |
| USD | KEYCORP NEW COM | 1 911.00 | 37 054.29 | 0.01 |
| USD | KEYSIGHT TECHNOLOG COM USD0.01 ‘WD’ | 1 414.00 | 151 340.42 | 0.03 |
| USD | KIMBERLY-CLARK CP COM USD1.25 | 661.00 | 90 120.74 | 0.02 |
| USD | KIMCO REALTY COM USD0.01 | 686.00 | 14 831.32 | 0.00 |
| USD | KINDER MORGAN INC USD0.01 | 3 733.00 | 73 204.13 | 0.01 |
| USD | KKR & CO INC COM NPV CLASS A | 800.00 | 23 592.00 | 0.00 |
| USD | KLA CORPORATION COM USD0.001 | 303.00 | 49 649.58 | 0.01 |
| USD | KNIGHT SWIFT TRANS CL A COM STK USD0.01 | 238.00 | 8 803.62 | 0.00 |
| USD | KOHLS CORPORATION COM USD0.01 | 997.00 | 46 868.97 | 0.01 |
| USD | KROGER CO COM USD1 | 1 543.00 | 42 185.62 | 0.01 |
| USD | L3HARRIS TECHNOLOG COM USD1.00 | 400.00 | 80 436.00 | 0.02 |
| USD | LAB CORP AMER HLDG COM USD0.1 | 183.00 | 31 529.07 | 0.01 |
| USD | LAM RESEARCH CORP COM USD0.001 | 274.00 | 73 111.42 | 0.01 |
| USD | LAS VEGAS SANDS CORP COM | 634.00 | 39 783.50 | 0.01 |
| USD | LEAR CORP COM USD0.01 | 79.00 | 9 504.49 | 0.00 |
| USD | LENNAR CORP COM CL’A’USD0.10 | 544.00 | 32 449.60 | 0.01 |
| USD | LINCOLN NATL CORP COM NPV | 320.00 | 18 896.00 | 0.00 |
| USD | LKQ CORP COM | 651.00 | 22 967.28 | 0.00 |
| USD | LOWE’S COS INC COM USD0.50 | 1 528.00 | 179 249.68 | 0.04 |
| USD | MANPOWER GROUP COM USD0.01 | 72.00 | 6 670.08 | 0.00 |
| USD | MARATHON OIL CORP COM USD1 | 1 853.00 | 21 587.45 | 0.00 |
| USD | MARATHON PETROLEUM COM USD0.01 | 1 155.00 | 70 039.20 | 0.01 |
| USD | MARRIOTT INTL INC COM USD0.01 CLASS ‘A’ | 560.00 | 78 601.60 | 0.02 |
| USD | MASCO CORP COM | 619.00 | 28 814.45 | 0.01 |
| USD | MASTERCARD INC COM USD0.0001 CLASS ‘A’ | 1 759.00 | 514 032.57 | 0.10 |
| USD | MCCORMICK & CO INC COM N/VTG NPV | 233.00 | 39 435.25 | 0.01 |
| USD | MCDONALD’S CORP COM USD0.01 | 1 473.00 | 286 469.04 | 0.06 |
| USD | MCKESSON CORP COM USD0.01 | 341.00 | 49 322.24 | 0.01 |
| USD | MEDTRONIC PLC USD0.0001 | 11 196.00 | 1 247 122.44 | 0.25 |
| USD | MERCK & CO INC COM USD0.50 | 17 365.00 | 1 513 880.70 | 0.30 |
| USD | METLIFE INC COM USD0.01 | 1 595.00 | 79 606.45 | 0.02 |
| USD | MGM RESORTS INTL COM STK USD0.01 | 1 028.00 | 32 844.60 | 0.01 |
| USD | MICROCHIP TECHNLGY COM USD0.001 | 455.00 | 43 015.70 | 0.01 |
| USD | MICRON TECHNOLOGY COM USD0.10 | 2 087.00 | 99 153.37 | 0.02 |
| USD | MICROSOFT CORP COM USD0.0000125 | 23 052.00 | 3 489 611.76 | 0.70 |
| USD | MID-AMER APARTMENT COM STK USD0.01 | 242.00 | 32 938.62 | 0.01 |
| USD | MIDDLEBY CORP COM USD0.01 | 71.00 | 8 218.96 | 0.00 |
| USD | MOHAWK INDS COM USD0.01 | 129.00 | 17 978.73 | 0.00 |
| USD | MOLSON COORS BREWI CLASS ‘B’ USD0.01 | 300.00 | 15 144.00 | 0.00 |
| USD | MONDELEZ INTL INC COM USD0.01 | 2 706.00 | 142 173.24 | 0.03 |
| USD | MORGAN STANLEY COM STK USD0.01 | 2 498.00 | 123 601.04 | 0.02 |
| USD | MOSAIC CO COM USD0.01 | 635.00 | 12 096.75 | 0.00 |
| USD | MOTOROLA SOLUTIONS COM USD0.01 | 297.00 | 49 688.10 | 0.01 |
| USD | MSCI INC COM STK USS0.01 | 2 983.00 | 773 163.77 | 0.15 |
| USD | NATIONAL OILWELL VARCO INC COM | 574.00 | 12 943.70 | 0.00 |
| USD | NATIONAL RETAIL PROPERTIES INC | 394.00 | 21 961.56 | 0.00 |
| USD | NETAPP INC COM USD0.001 | 4 930.00 | 298 708.70 | 0.06 |
| USD | NETFLIX INC COM USD0.001 | 840.00 | 264 314.40 | 0.05 |
| USD | NEWELL BRANDS INC COM USD1 | 651.00 | 12 512.22 | 0.00 |
| USD | NEWMONT GOLDCORP C COM USD1.60 | 1 738.00 | 66 739.20 | 0.01 |
| USD | NIELSEN HLDGS PLC COM EUR0.07 | 561.00 | 10 967.55 | 0.00 |
| USD | NIKE INC CLASS’B’COM NPV | 2 416.00 | 225 871.84 | 0.04 |
| USD | NISOURCE INC COM NPV | 596.00 | 15 764.20 | 0.00 |
| USD | NOBLE ENERGY INC COM USD0.01 | 1 169.00 | 24 268.44 | 0.00 |
| USD | NORFOLK STHN CORP COM USD1 | 516.00 | 99 846.00 | 0.02 |
| USD | NORTHERN TRUST CP COM USD1.666 | 383.00 | 41 072.92 | 0.01 |
| USD | NORTONLIFELOCK INC COM USD0.01 | 1 276.00 | 31 772.40 | 0.01 |
| USD | NORWEGIAN CRUISE L COM USD0.001 | 472.00 | 25 318.08 | 0.00 |
| USD | NRG ENERGY INC COM USD0.01 | 17 402.00 | 691 381.46 | 0.14 |
| USD | NUCOR CORP COM | 509.00 | 28 687.24 | 0.01 |
| USD | NVIDIA CORP COM USD0.001 | 1 112.00 | 241 014.88 | 0.05 |
| USD | NVR INC COM STK USD0.01 | 25.00 | 94 797.25 | 0.02 |
| USD | OCCIDENTAL PETRLM COM USD0.20 | 1 565.00 | 60 362.05 | 0.01 |
| USD | OGE ENERGY CORP COM USD0.01 | 489.00 | 20 567.34 | 0.00 |
| USD | OLD DOMINION FGHT LINES INC COM | 140.00 | 26 822.60 | 0.01 |
| USD | OMNICOM GROUP INC COM USD0.15 | 448.00 | 35 607.04 | 0.01 |
| USD | ON SEMICONDUCTOR CORP COM | 700.00 | 15 029.00 | 0.00 |
| USD | ONEOK INC | 766.00 | 54 424.30 | 0.01 |
| USD | ORACLE CORP COM USD0.01 | 20 695.00 | 1 161 817.30 | 0.23 |
| USD | OREILLY AUTO NEW COM USD0.01 | 151.00 | 66 784.28 | 0.01 |
| USD | OWENS CORNING COM STK USD0.01 | 167.00 | 11 199.02 | 0.00 |
| USD | PACCAR INC COM STK USD1 | 4 805.00 | 390 982.85 | 0.08 |
| USD | PACKAGING CORP AMER COM | 155.00 | 17 344.50 | 0.00 |
| USD | PALO ALTO NETWORKS COM USD0.0001 | 177.00 | 40 217.94 | 0.01 |
| USD | PARKER-HANNIFIN COM STK USD0.50 | 220.00 | 43 733.80 | 0.01 |
| USD | PAYCHEX INC COM | 575.00 | 49 519.00 | 0.01 |
| USD | PAYPAL HOLDINGS IN COM USD0.0001 | 2 157.00 | 232 977.57 | 0.05 |
| USD | PFIZER INC COM USD0.05 | 23 360.00 | 899 827.20 | 0.18 |
| USD | PHILLIPS 66 COM USD0.01 | 845.00 | 96 938.40 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | PINNACLE WEST CAP CORP COM | 244.00 | 21 323.16 | 0.00 |
| USD | PNC FINANCIAL SVCS COM USD5 | 870.00 | 133 292.70 | 0.03 |
| USD | PPL CORP COM USD0.01 | 1 534.00 | 52 202.02 | 0.01 |
| USD | PRINCIPAL FINL GP COM USD0.01 | 570.00 | 31 407.00 | 0.01 |
| USD | PROCTER & GAMBLE COM NPV | 4 825.00 | 588 939.50 | 0.12 |
| USD | PROLOGIS INC COM USD0.01 | 1 176.00 | 107 662.80 | 0.02 |
| USD | PRUDENTIAL FINL COM USD0.01 | 725.00 | 67 874.50 | 0.01 |
| USD | PUBLIC SVC ENTERPRISE GROUP COM | 1 028.00 | 60 970.68 | 0.01 |
| USD | PVH CORP COM USD1 | 174.00 | 16 871.04 | 0.00 |
| USD | QUALCOMM INC COM USD0.0001 | 11 972.00 | 1 000 260.60 | 0.20 |
| USD | QUEST DIAGNOSTICS INC COM | 262.00 | 27 916.10 | 0.01 |
| USD | RAYMOND JAMES FINANCIAL INC COM | 263.00 | 23 622.66 | 0.00 |
| USD | RAYTHEON CO COM NEW | 511.00 | 111 101.62 | 0.02 |
| USD | REGENCY CENTERS COM USD0.01 | 350.00 | 22 764.00 | 0.00 |
| USD | REGENERON PHARMACE COM USD0.001 | 164.00 | 60 516.00 | 0.01 |
| USD | REGIONS FINANCIAL CORP NEW COM | 13 396.00 | 222 909.44 | 0.04 |
| USD | REINSURANCE GROUP COM USD0.01 | 120.00 | 19 855.20 | 0.00 |
| USD | REPUBLIC SERVICES COM USD0.01 | 436.00 | 38 651.40 | 0.01 |
| USD | ROBERT HALF INTL COM USD0.001 | 5 205.00 | 302 931.00 | 0.06 |
| USD | ROCKWELL AUTOMATIO COM USD1 | 217.00 | 42 497.28 | 0.01 |
| USD | ROSS STORES INC COM USD0.01 | 690.00 | 80 143.50 | 0.02 |
| USD | ROYAL CARIBBEAN COM USD0.01 | 336.00 | 40 326.72 | 0.01 |
| USD | SALESFORCE.COM INC COM USD0.001 | 1 613.00 | 262 741.57 | 0.05 |
| USD | SBA COMMUNICATIONS COM USD0.01 CL A | 196.00 | 46 348.12 | 0.01 |
| USD | SCHEIN HENRY INC COM | 327.00 | 22 530.30 | 0.00 |
| USD | SCHLUMBERGER COM USD0.01 | 2 558.00 | 92 599.60 | 0.02 |
| USD | SCHWAB(CHARLES)CP COM USD0.01 | 2 293.00 | 113 503.50 | 0.02 |
| USD | SEALED AIR CORP NEW COM | 262.00 | 9 885.26 | 0.00 |
| USD | SEI INVESTMENT COM USD0.01 | 177.00 | 11 421.81 | 0.00 |
| USD | SENSATA TECHNO PLC COM EUR0.01 | 357.00 | 18 381.93 | 0.00 |
| USD | SERVICENOW INC COM USD0.001 | 343.00 | 97 082.72 | 0.02 |
| USD | SIGNATURE BK COM USD0.01 | 72.00 | 8 881.92 | 0.00 |
| USD | SIMON PROP GROUP COM USD0.0001 | 5 398.00 | 816 231.58 | 0.16 |
| USD | SIRIUS XM HLDGS IN COM USD0.001 | 2 299.00 | 16 047.02 | 0.00 |
| USD | SKYWORKS SOLUTIONS INC COM | 359.00 | 35 289.70 | 0.01 |
| USD | SMUCKER(JM)CO COM NPV | 249.00 | 26 167.41 | 0.01 |
| USD | SNAP-ON INC COM USD1 | 71.00 | 11 392.66 | 0.00 |
| USD | SOUTHWEST AIRLINES COM USD1 | 3 113.00 | 179 433.32 | 0.04 |
| USD | SPIRIT AEROSYSTEMS COM STK USD0.01 CLASS ‘A’ | 235.00 | 20 442.65 | 0.00 |
| USD | SQUARE INC COM USD0.0000001 CL A | 628.00 | 43 407.36 | 0.01 |
| USD | STANLEY BLACK & DE COM USD2.50 | 265.00 | 41 801.10 | 0.01 |
| USD | STARBUCKS CORP COM USD0.001 | 8 765.00 | 748 793.95 | 0.15 |
| USD | STATE STREET CORP COM STK USD1 | 675.00 | 50 692.50 | 0.01 |
| USD | STEEL DYNAMICS INC COM | 485.00 | 16 359.05 | 0.00 |
| USD | SUNTRUST BKS INC COM | 914.00 | 64 747.76 | 0.01 |
| USD | SYNCHRONY FINANCIA COM USD0.001 | 21 769.00 | 814 378.29 | 0.16 |
| USD | SYSCO CORP COM USD1 | 1 713.00 | 137 982.15 | 0.03 |
| USD | T ROWE PRICE GROUP COM USD0.20 | 403.00 | 49 794.68 | 0.01 |
| USD | T-MOBILE US INC COM USD0.0001 | 616.00 | 48 386.80 | 0.01 |
| USD | TAPESTRY INC COM USD0.01 | 682.00 | 18 338.98 | 0.00 |
| USD | TARGET CORP COM STK USD0.0833 | 1 000.00 | 125 010.00 | 0.02 |
| USD | TD AMERITRADE HLDG COM USD0.01 | 615.00 | 31 875.45 | 0.01 |
| USD | TELEFLEX INC COM | 77.00 | 27 207.18 | 0.01 |
| USD | TESLA INC COM USD0.001 | 253.00 | 83 474.82 | 0.02 |
| USD | TEXAS INSTRUMENTS COM USD1 | 3 807.00 | 457 639.47 | 0.09 |
| USD | THERMO FISHER SCIE COM USD1 | 765.00 | 240 171.75 | 0.05 |
| USD | TIFFANY & CO NEW COM | 211.00 | 28 231.80 | 0.01 |
| USD | TJX COS INC COM USD1 | 2 408.00 | 147 201.04 | 0.03 |
| USD | TRACTOR SUPPLY CO COM USD0.008 | 252.00 | 23 798.88 | 0.00 |
| USD | TRANSDIGM GROUP INC COM | 85.00 | 48 203.50 | 0.01 |
| USD | TRAVELERS CO INC COM NPV | 527.00 | 72 051.44 | 0.01 |
| USD | TWITTER INC COM USD0.000005 | 1 387.00 | 42 872.17 | 0.01 |
| USD | TYSON FOODS INC CL A | 545.00 | 48 990.05 | 0.01 |
| USD | UBER TECHNOLOGIES COM USD0.00001 | 300.00 | 8 880.00 | 0.00 |
| USD | UGI CORP NEW COM | 422.00 | 18 378.10 | 0.00 |
| USD | ULTA BEAUTY INC COM STK USD0.01 | 118.00 | 27 595.48 | 0.01 |
| USD | UNION PACIFIC CORP COM USD2.50 | 1 366.00 | 240 402.34 | 0.05 |
| USD | UNITED AIRLINES HO COM USD0.01 | 4 848.00 | 449 894.40 | 0.09 |
| USD | UNITED RENTALS INC COM | 163.00 | 24 947.15 | 0.00 |
| USD | UNITEDHEALTH GRP COM USD0.01 | 1 819.00 | 509 083.53 | 0.10 |
| USD | UNIVERSAL HEALTH S CLASS’B’COM USD0.01 | 167.00 | 23 294.83 | 0.00 |
| USD | UNUM GROUP COM USD0.10 | 334.00 | 10 267.16 | 0.00 |
| USD | US BANCORP COM USD0.01 | 2 943.00 | 176 668.29 | 0.04 |
| USD | VAIL RESORTS INC COM | 57.00 | 13 832.19 | 0.00 |
| USD | VALERO ENERGY CORP NEW COM | 3 122.00 | 298 119.78 | 0.06 |
| USD | VARIAN MEDICAL SYS COM USD1 | 199.00 | 26 612.27 | 0.01 |
| USD | VEREIT INC COM USD0.001 | 1 844.00 | 17 997.44 | 0.00 |
| USD | VERIZON COMMUN COM USD0.10 | 7 940.00 | 478 305.60 | 0.10 |
| USD | VF CORP COM NPV | 601.00 | 53 212.54 | 0.01 |
| USD | VIACOM INC NEW CL’B’ NON-VTG USD0.001 | 19 496.00 | 469 268.72 | 0.09 |
| USD | VISA INC COM STK USD0.0001 | 3 366.00 | 621 060.66 | 0.12 |
| USD | VISTRA ENERGY CORP COM USD0.01 | 12 544.00 | 332 792.32 | 0.07 |
| USD | VOYA FINL INC COM USD0.01 | 3 500.00 | 203 980.00 | 0.04 |
| USD | WABCO HOLDINGS INC COM STK USD0.01 | 126.00 | 16 978.50 | 0.00 |
| USD | WALGREENS BOOTS AL COM USD0.01 | 1 476.00 | 87 969.60 | 0.02 |
| USD | WALMART INC COM USD0.10 | 2 758.00 | 328 450.22 | 0.07 |
| USD | WALT DISNEY CO. DISNEY COM USD0.01 | 3 471.00 | 526 134.18 | 0.10 |
| USD | WASTE MGMT INC DEL COM | 787.00 | 88 860.17 | 0.02 |
| USD | WELLS FARGO & CO COM USD1 2/3 | 12 624.00 | 687 503.04 | 0.14 |
| USD | WELLTOWER INC COM USD1 | 866.00 | 73 237.62 | 0.01 |
| USD | WESTERN DIGITAL CORP COM | 591.00 | 29 745.03 | 0.01 |
| USD | WESTLAKE CHEM CORP COM USD0.01 | 106.00 | 7 280.08 | 0.00 |
| USD | WESTROCK CO COM USD0.01 | 646.00 | 26 053.18 | 0.01 |
| USD | WEYERHAEUSER CO COM USD1.25 | 1 466.00 | 43 261.66 | 0.01 |
| USD | WHIRLPOOL CORP COM | 80.00 | 11 448.00 | 0.00 |
| USD | WILLIAMS COS INC COM USD1 | 2 528.00 | 57 436.16 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | WORKDAY INC COM USD0.001 CL A | 326.00 | 58 393.12 | 0.01 |
| USD | WYNN RESORTS LTD COM | 195.00 | 23 565.75 | 0.00 |
| USD | XEROX HLDGS CORP COM USD1.00 | 18 089.00 | 704 204.77 | 0.14 |
| USD | XILINX INC COM USD0.01 | 479.00 | 44 441.62 | 0.01 |
| USD | XPO LOGISTICS INC COM USD0.001 | 163.00 | 13 478.47 | 0.00 |
| USD | XYLEM INC COM USD0.01 WI | 368.00 | 28 523.68 | 0.01 |
| USD | YUM BRANDS INC COM | 7 188.00 | 723 615.96 | 0.14 |
| USD | ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 421.00 | 61 162.88 | 0.01 |
| USD | ZIONS BANCORPORATI COM USD0.001 | 418.00 | 20 808.04 | 0.00 |
| Total United States |  | 79 943 894.22 | 15.93 |
| Total Registered shares |  | 110 051 910.16 | 21.93 |
| Depository receipts |  |  |  |
| Ireland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 2 460.00 | 48 187.82 | 0.01 |
| Total Ireland |  | 48 187.82 | 0.01 |
| Luxembourg |  |  |  |
| EUR	SES S.A. FDR EACH REP 1 ‘A’ NPV | 1 101.00 | 14 622.19 | 0.00 |
| Total Luxembourg |  | 14 622.19 | 0.00 |
| The Netherlands |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 1 461.00 | 24 952.82 | 0.01 |
| Total The Netherlands |  | 24 952.82 | 0.01 |
| Total Depository receipts |  | 87 762.83 | 0.02 |
| Investment funds, closed end |  |  |  |
| United Kingdom |  |  |  |
| GBP	SEGRO PLC REIT | 1 994.00 | 23 058.40 | 0.01 |
| Total United Kingdom |  | 23 058.40 | 0.01 |
| United States |  |  |  |
| USD	DUKE REALTY CORP REIT | 796.00 | 28 003.28 | 0.01 |
| USD	LIBERTY PPTY TST SBI USD0.001 | 353.00 | 21 751.86 | 0.00 |
| USD	SL GREEN REALTY CORPORATION | 121.00 | 10 324.93 | 0.00 |
| USD	VENTAS INC REIT | 11 405.00 | 665 025.55 | 0.13 |
| Total United States |  | 725 105.62 | 0.14 |
| Total Investment funds, closed end |  | 748 164.02 | 0.15 |
| Rights |  |  |  |
| United States |  |  |  |
| USD	BRISTOL-MYERS SQUIBB CO CVR RIGHTS 31.12.20 | 8 825.00 | 18 973.75 | 0.00 |
| USD	DISH NETWORK CORP RIGHTS 09.12.19 | 31.39 | 21.35 | 0.00 |
| Total United States |  | 18 995.10 | 0.00 |
| Total Rights |  | 18 995.10 | 0.00 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-30.09.25 | 1 800 000.00 | 1 930 078.08 | 0.38 |
| USD	AMERICA, UNITED STATES OF 3.12500% 18-15.11.28 | 2 300 000.00 | 2 557 402.20 | 0.51 |
| USD	AMERICA, UNITED STATES OF 2.00000% 16-15.11.26 | 1 500 000.00 | 1 527 070.20 | 0.30 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 1 750 000.00 | 1 811 728.45 | 0.36 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 1 550 000.00 | 1 607 640.63 | 0.32 |
| USD	AMERICA, UNITED STATES OF 2.37500% 17-15.05.27 | 1 900 000.00 | 1 985 574.10 | 0.40 |
| Total USD |  | 11 419 493.66 | 2.27 |
| Total Treasury notes, fixed rate |  | 11 419 493.66 | 2.27 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 178 375 006.06 | 35.54 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury bills, zero coupon |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 31.01.19-30.01.20 | 5 000 000.00 | 4 987 058.25 | 0.99 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 28.02.19-27.02.20 | 3 000 000.00 | 2 988 726.24 | 0.60 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 25.04.19-23.04.20 | 3 500 000.00 | 3 478 294.30 | 0.69 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 20.06.19-18.06.20 | 100 000.00 | 99 135.82 | 0.02 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 13.06.19-12.12.19 | 100 000.00 | 99 956.17 | 0.02 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 22.08.19-20.02.20 | 400 000.00 | 398 615.56 | 0.08 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 12.09.19-12.03.20 | 100 000.00 | 99 562.33 | 0.02 |
| Total USD |  | 12 151 348.67 | 2.42 |
| Total Treasury bills, zero coupon |  | 12 151 348.67 | 2.42 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 12 151 348.67 | 2.42 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
| 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 not listed on an official stock exchange and not traded on another regulated market
Preference shares
United Kingdom
| GBP | ROLLS ROYCE HLDGS NON CUM RED PREF GBP0.001 C | 148 028.00 | 191.48 | 0.00 |
| --- | --- | --- | --- | --- |
| Total United Kingdom | 191.48 | 0.00 |
| Total Preference shares | 191.48 | 0.00 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market | 191.48 | 0.00 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Ireland |  |  |
| USD	NEUBERGER BERMAN EUROPE LTD-STRATEGIC INC FD-I-ACC	2 005 000.00 | 24 420 900.00 | 4.87 |
| USD	PIMCO GIS DIVERSIFIED INCOME FUND-INSTITUIONAL CLASS-USD-ACC	2 931 000.00 | 75 824 970.00 | 15.11 |
| Total Ireland | 100 245 870.00 | 19.98 |
| Luxembourg |  |  |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC	1 746.00 | 34 531 008.66 | 6.88 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD U-X-ACC	982.00 | 11 451 720.66 | 2.28 |
| USD	UBS (LUX) BOND SICAV - SHORT DURATION H Y SUST (USD) I-X-ACC	213 979.00 | 26 043 384.09 | 5.19 |
| USD	UBS (LUX) BOND SICAV - ASIAN INVST GRADE BONDS (USD)-U-X-CAP	476.00 | 5 627 600.44 | 1.12 |
| USD	UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC	1 013.00 | 11 578 083.50 | 2.31 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC	3 036.00 | 41 386 084.08 | 8.25 |
| USD	UBS (LUX) INSTITUTIONAL SICAV - E MARKETS EQUITY PASS FA USD	1 905.71 | 24 639 101.56 | 4.91 |
| USD	UBS (LUX) SICAV 1 - MEDIUM TERM USD CORP BDS (USD) U-X-ACC	2 394.97 | 24 460 064.58 | 4.87 |
| USD	UBS LUX BOND SICAV - EMERGING ECONOMIES CORP USD-I-X-ACC	145 740.00 | 17 174 001.60 | 3.42 |
| Total Luxembourg | 196 891 049.17 | 39.23 |
| Total Investment funds, open end | 297 136 919.17 | 59.21 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 297 136 919.17 | 59.21 |
| Derivative instruments not listed on an official stock exchange and not traded on another regulated market |  |  |
| Options on indices, classic-styled |  |  |
| AUD |  |  |
| AUD	MORGAN STANLEY/S&P/ASX 200 INDEX CALL 6845.29450 03.12.19	-490.00 | -7 400.63 | 0.00 |
| AUD	GOLDMAN SACHS/S&P/ASX 200 INDEX CALL 6935.35500 17.12.19	-490.00 | -7 432.62 | 0.00 |
| Total AUD | -14 833.25 | 0.00 |
| EUR |  |  |
| EUR	GOLDMAN SACHS/EURO STOXX 50 CALL 3764.75650 03.12.19	-3 130.00 | -252.53 | 0.00 |
| EUR	HSBC/EURO STOXX 50 CALL 3785.27740 17.12.19	-3 340.00 | -17 989.13 | -0.01 |
| Total EUR | -18 241.66 | -0.01 |
| GBP |  |  |
| GBP	GOLDMAN SACHS/FTSE 100 INDEX CALL 7550.61780 03.12.19	-390.00 | -15.15 | 0.00 |
| GBP	UBS/FTSE 100 INDEX CALL 7499.57120 17.12.19	-430.00 | -9 882.28 | 0.00 |
| Total GBP | -9 897.43 | 0.00 |
| JPY |  |  |
| JPY	GOLDMAN SACHS/TOPIX INDEX (TOKYO) CALL 1747.79690 03.12.19	-362 000.00 | -7.23 | 0.00 |
| JPY	GOLDMAN SACHS/TOPIX INDEX (TOKYO) CALL 1733.50840 17.12.19	-377 670.00 | -13 887.15 | 0.00 |
| Total JPY | -13 894.38 | 0.00 |
| USD |  |  |
| USD	GOLDMAN SACHS/S&P 500 INDEX CALL 3148.41090 03.12.19	-7 210.00 | -32 787.39 | -0.01 |
| USD	MORGAN STANLEY/MSCI EM INDEX CALL 1113.34950 03.12.19	-10 470.00 | 0.00 | 0.00 |
| USD	GOLDMAN SACHS/S&P 500 INDEX CALL 3166.04420 10.12.19	-8 300.00 | -53 956.93 | -0.01 |
| USD	BNP/S&P 500 INDEX CALL 3195.06430 17.12.19	-7 680.00 | -38 831.09 | -0.01 |
| USD	BNP/MSCI EM INDEX CALL 1092.91370 17.12.19	-11 060.00 | -6 291.66 | 0.00 |
| Total USD | -131 867.07 | -0.03 |
| Total Options on indices, classic-styled | -188 733.79 | -0.04 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | -188 733.79 | -0.04 |
| Total investments in securities | 487 474 731.59 | 97.13 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |


## Derivative instruments
Derivative instruments not listed on an official stock exchange and not traded on another regulated market
Swaps and forward swaps on indices
| USD USD | UBS/FTSE EEPRA NAREIT DVLPD TR EQS REC PERF 19-31.01.20 UBS/FTSE EEPRA NAREIT DVLPD TR EQS PAYER 3ML 19-31.01.20 | 20 619 274.90 | -19 287.52 | 0.00 |
| --- | --- | --- | --- | --- |
| Total Swaps and forward swaps on indices | -19 287.52 | 0.00 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | -19 287.52 | 0.00 |
| Total Derivative instruments | -19 287.52 | 0.00 |
| Forward Foreign Exchange contracts |  |  |
| Forward Foreign Exchange contracts (Purchase/Sale) |  |  |

| USD | 166 339.20 | EUR | 150 000.00 | 9.1.2020 | 443.41 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 2 992 896.60 | AUD | 4 413 000.00 | 9.1.2020 | 4 636.94 | 0.00 |
| USD | 1 650 167.96 | HKD | 12 935 000.00 | 9.1.2020 | -1 574.56 | 0.00 |
| USD | 4 823 529.75 | GBP | 3 802 938.85 | 9.1.2020 | -103 868.34 | -0.02 |
| USD | 3 631 719.66 | JPY | 390 943 000.00 | 9.1.2020 | 49 972.16 | 0.01 |
| USD | 253 471.15 | SEK | 2 480 000.00 | 9.1.2020 | -6 298.32 | 0.00 |
| USD | 405 476.79 | SGD | 555 000.00 | 9.1.2020 | -539.81 | 0.00 |
| USD | 504 974.47 | CAD | 667 500.00 | 9.1.2020 | 2 240.87 | 0.00 |
| USD | 15 292 149.63 | EUR | 13 804 843.41 | 9.1.2020 | 24 380.27 | 0.01 |
| USD | 133 233.74 | CHF | 132 000.00 | 9.1.2020 | 681.42 | 0.00 |
| USD | 129 550.94 | JPY | 14 000 000.00 | 9.1.2020 | 1 285.53 | 0.00 |
| USD | 37 675.88 | AUD | 55 000.00 | 9.1.2020 | 432.67 | 0.00 |
| EUR | 200 000.00 | USD | 223 813.40 | 9.1.2020 | -2 619.01 | 0.00 |
| USD | 312 223.52 | EUR | 280 000.00 | 9.1.2020 | 2 551.38 | 0.00 |
| USD | 126 974.75 | AUD | 185 000.00 | 9.1.2020 | 1 702.14 | 0.00 |
| USD | 204 117.22 | HKD | 1 600 000.00 | 9.1.2020 | -195.73 | 0.00 |
| JPY | 10 000 000.00 | USD | 92 892.95 | 9.1.2020 | -1 274.80 | 0.00 |
| HKD | 1 150 000.00 | USD | 146 726.91 | 9.1.2020 | 123.02 | 0.00 |
| USD | 173 576.44 | EUR | 155 000.00 | 9.1.2020 | 2 150.79 | 0.00 |
| SGD | 77 989 800.00 | USD | 57 482 638.71 | 5.12.2019 | -448 578.35 | -0.09 |
| USD | 409 409.48 | SGD | 555 000.00 | 15.1.2020 | 3 365.00 | 0.00 |
| USD | 4 951 071.17 | GBP | 3 832 938.00 | 15.1.2020 | -15 992.96 | 0.00 |
| USD | 508 840.87 | CAD | 667 500.00 | 15.1.2020 | 6 099.94 | 0.00 |
| USD | 3 234 424.67 | AUD | 4 663 000.00 | 15.1.2020 | 76 429.10 | 0.02 |
| USD | 1 708 406.15 | HKD | 13 385 000.00 | 15.1.2020 | -765.38 | 0.00 |
| USD | 259 647.31 | SEK | 2 480 000.00 | 15.1.2020 | -194.17 | 0.00 |
| USD | 3 644 569.09 | JPY | 394 943 000.00 | 15.1.2020 | 25 058.53 | 0.00 |
| USD | 133 985.67 | CHF | 132 000.00 | 15.1.2020 | 1 379.49 | 0.00 |
| USD | 15 914 017.19 | EUR | 14 229 844.00 | 15.1.2020 | 170 493.64 | 0.03 |
| USD | 250 508.48 | EUR | 225 000.00 | 9.1.2020 | 1 664.79 | 0.00 |
| USD | 90 409.97 | GBP | 70 000.00 | 9.1.2020 | -287.75 | 0.00 |
| USD | 250 601.40 | EUR | 225 000.00 | 15.1.2020 | 1 667.34 | 0.00 |
| USD | 90 423.90 | GBP | 70 000.00 | 15.1.2020 | -288.37 | 0.00 |
| USD | 166 589.85 | EUR | 150 000.00 | 15.1.2020 | 633.81 | 0.00 |
| USD | 166 527.60 | EUR | 150 000.00 | 9.1.2020 | 631.81 | 0.00 |
| USD | 114 996.25 | JPY | 12 500 000.00 | 9.1.2020 | 473.56 | 0.00 |
| USD | 115 035.30 | JPY | 12 500 000.00 | 15.1.2020 | 477.30 | 0.00 |
| USD | 25 253.19 | CHF | 25 000.00 | 9.1.2020 | 148.58 | 0.00 |
| USD | 41 329.21 | SEK | 400 000.00 | 9.1.2020 | -569.09 | 0.00 |
| USD | 25 263.86 | CHF | 25 000.00 | 15.1.2020 | 149.05 | 0.00 |
| USD | 41 341.17 | SEK | 400 000.00 | 15.1.2020 | -568.75 | 0.00 |
| JPY | 16 000 000.00 | USD | 147 253.72 | 9.1.2020 | -664.68 | 0.00 |
| USD | 102 896.85 | AUD | 150 000.00 | 15.1.2020 | 1 310.03 | 0.00 |
| USD | 102 882.30 | AUD | 150 000.00 | 9.1.2020 | 1 309.91 | 0.00 |
| USD | 191 498.42 | HKD | 1 500 000.00 | 9.1.2020 | -44.97 | 0.00 |
| USD | 68 131.03 | CAD | 90 000.00 | 15.1.2020 | 345.74 | 0.00 |
| USD | 73 522.11 | SGD | 100 000.00 | 9.1.2020 | 365.97 | 0.00 |
| JPY | 16 000 000.00 | USD | 147 303.07 | 15.1.2020 | -668.82 | 0.00 |
| USD | 191 459.38 | HKD | 1 500 000.00 | 15.1.2020 | -80.20 | 0.00 |
| USD | 73 527.47 | SGD | 100 000.00 | 15.1.2020 | 366.30 | 0.00 |
| USD | 68 129.74 | CAD | 90 000.00 | 9.1.2020 | 345.43 | 0.00 |
| USD | 1 096 880.40 | EUR | 990 000.00 | 9.1.2020 | 1 968.19 | 0.00 |
| USD | 1 097 292.24 | EUR | 990 000.00 | 15.1.2020 | 1 982.39 | 0.00 |
| USD | 251 545.52 | GBP | 195 000.00 | 9.1.2020 | -1 112.40 | 0.00 |
| USD | 251 587.25 | GBP | 195 000.00 | 15.1.2020 | -1 111.20 | 0.00 |
| USD | 192 750.00 | GBP | 150 000.00 | 15.1.2020 | -1 633.43 | 0.00 |
| USD | 143 925.81 | AUD | 210 000.00 | 15.1.2020 | 1 704.26 | 0.00 |
| USD | 143 905.44 | AUD | 210 000.00 | 9.1.2020 | 1 704.10 | 0.00 |
| USD | 285 023.14 | JPY | 31 000 000.00 | 9.1.2020 | 1 006.87 | 0.00 |
| USD | 192 718.05 | GBP | 150 000.00 | 9.1.2020 | -1 634.20 | 0.00 |
| USD | 285 121.71 | JPY | 31 000 000.00 | 15.1.2020 | 1 017.86 | 0.00 |
| USD | 143 987.87 | EUR | 130 000.00 | 15.1.2020 | 159.30 | 0.00 |
| USD | 143 934.18 | EUR | 130 000.00 | 9.1.2020 | 157.83 | 0.00 |
| SGD | 1 097 400.00 | USD | 805 926.28 | 5.12.2019 | -3 395.98 | 0.00 |
| USD | 261 294.62 | EUR | 235 000.00 | 9.1.2020 | 1 391.22 | 0.00 |
| USD | 261 394.50 | EUR | 235 000.00 | 15.1.2020 | 1 396.71 | 0.00 |
| USD | 4 615.36 | JPY | 500 000.00 | 9.1.2020 | 34.45 | 0.00 |
| USD | 4 616.90 | JPY | 500 000.00 | 15.1.2020 | 34.58 | 0.00 |
| SGD | 573 700.00 | USD | 421 347.80 | 5.12.2019 | -1 800.11 | 0.00 |
| USD | 116 712.65 | EUR | 105 000.00 | 15.1.2020 | 543.42 | 0.00 |
| USD | 116 669.39 | EUR | 105 000.00 | 9.1.2020 | 542.34 | 0.00 |
| USD | 200 893.53 | AUD | 295 000.00 | 9.1.2020 | 1 134.50 | 0.00 |
| JPY | 11 000 000.00 | USD | 101 673.08 | 15.1.2020 | -862.04 | 0.00 |
| JPY | 11 000 000.00 | USD | 101 639.54 | 9.1.2020 | -859.57 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Forward Foreign Exchange contracts (Continued)
Forward Foreign Exchange contracts (Purchase/Sale)
| USD | 200 922.44 | AUD | 295 000.00 | 15.1.2020 | 1 135.03 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 46 172.95 | JPY | 5 000 000.00 | 9.1.2020 | 363.87 | 0.00 |
| USD | 46 188.31 | JPY | 5 000 000.00 | 15.1.2020 | 365.11 | 0.00 |
| SGD | 8 077 700.00 | USD | 5 918 353.29 | 5.12.2019 | -11 118.89 | 0.00 |
| USD | 342 448.94 | EUR | 310 000.00 | 9.1.2020 | -402.36 | 0.00 |
| USD | 31 908.05 | HKD | 250 000.00 | 15.1.2020 | -15.21 | 0.00 |
| USD | 31 909.47 | HKD | 250 000.00 | 9.1.2020 | -14.43 | 0.00 |
| USD | 342 577.28 | EUR | 310 000.00 | 15.1.2020 | -398.53 | 0.00 |
| USD | 137 848.39 | JPY | 15 000 000.00 | 9.1.2020 | 421.16 | 0.00 |
| USD | 137 895.40 | JPY | 15 000 000.00 | 15.1.2020 | 425.79 | 0.00 |
| SGD | 394 400.00 | USD | 288 880.38 | 5.12.2019 | -455.06 | 0.00 |
| USD | 63 830.17 | HKD | 500 000.00 | 15.1.2020 | -16.36 | 0.00 |
| USD | 63 831.90 | HKD | 500 000.00 | 9.1.2020 | -15.90 | 0.00 |
| JPY | 275 000 000.00 | USD | 2 510 991.29 | 4.12.2019 | 481.20 | 0.00 |
| JPY | 138 500 000.00 | USD | 1 268 833.24 | 15.1.2020 | 469.45 | 0.00 |
| GBP | 3 800 000.00 | USD | 4 921 934.80 | 9.1.2020 | 1 655.48 | 0.00 |
| JPY | 138 500 000.00 | USD | 1 268 411.43 | 9.1.2020 | 499.97 | 0.00 |
| GBP | 3 800 000.00 | USD | 4 922 740.40 | 15.1.2020 | 1 639.72 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -204 369.01 | -0.04 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 7 605 333.44* | 1.52 |
| Other assets and liabilities | 7 009 734.95 | 1.39 |
| Total net assets | 501 866 143.45 | 100.00 |
| * As at 30 November 2019, cash amounts serve as collateral for the counterparty UBS AG for an amount of USD 80 000. |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Semi-Annual Report as of 30 November 2019

Translation (ENDE, 2019-11-30):
# UBS (Lux) Strategy SICAV – Dynamic Income (USD)
| Wichtigste Daten |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 |
| Nettovermögen in USD |  | 501 866 143.45 | 326 403 802.47 |
| Klasse K-1-acc 1 | LU1917361336 |  |  |
| Aktien im Umlauf |  | 1.2000 | 1.0000 |
| Nettoinventarwert pro Aktie in USD |  | 5 383 252.34 | 5 070 085.37 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 5 383 252.34 | 5 082 760.58 |
| Klasse K-1-mdist 1 | LU1917361419 |  |  |
| Aktien im Umlauf |  | 8.1000 | 6.7000 |
| Nettoinventarwert pro Aktie in USD |  | 5 164 973.22 | 4 999 378.87 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 5 164 973.22 | 5 011 877.32 |
| Klasse (HKD) K-1-mdist 1 | LU1917362060 |  |  |
| Aktien im Umlauf |  | 2.6000 | 3.3000 |
| Nettoinventarwert pro Aktie in HKD |  | 41 221 165.34 | 39 966 476.64 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 41 221 165.34 | 40 066 392.83 |
| Klasse P-acc 1 | LU1917362490 |  |  |
| Aktien im Umlauf |  | 602 725.3320 | 369 590.5000 |
| Nettoinventarwert pro Aktie in USD |  | 107.26 | 101.24 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 107.26 | 101.49 |
| Klasse P-mdist 1 | LU1917361179 |  |  |
| Aktien im Umlauf |  | 1 990 112.7700 | 1 276 793.6250 |
| Nettoinventarwert pro Aktie in USD |  | 102.92 | 99.84 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 102.92 | 100.09 |
| Klasse (HKD) P-mdist 1 | LU1917361765 |  |  |
| Aktien im Umlauf |  | 183 623.4980 | 148 837.1680 |
| Nettoinventarwert pro Aktie in HKD |  | 1 026.82 | 997.69 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 1 026.82 | 1 000.18 |
| Klasse (SGD hedged) P-mdist 1 | LU1919997111 |  |  |
| Aktien im Umlauf |  | 465 220.0150 | 390 403.7810 |
| Nettoinventarwert pro Aktie in SGD |  | 102.89 | 99.75 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 2 |  | 102.89 | 100.00 |
| Klasse Q-acc 1 | LU1917360957 |  |  |
| Aktien im Umlauf |  | 183 311.7870 | 97 594.6280 |
| Nettoinventarwert pro Aktie in USD |  | 107.93 | 101.50 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 107.93 | 101.75 |
| Klasse (HKD) Q-acc 1 | LU1917361682 |  |  |
| Aktien im Umlauf |  | 13 930.1210 | 6 366.9850 |
| Nettoinventarwert pro Aktie in HKD |  | 1 076.90 | 1 014.35 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 1 076.90 | 1 016.89 |
| Klasse Q-mdist 1 | LU1917361252 |  |  |
| Aktien im Umlauf |  | 529 470.6820 | 295 734.1980 |
| Nettoinventarwert pro Aktie in USD |  | 103.57 | 100.09 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 103.57 | 100.34 |
| Klasse (HKD) Q-mdist 1 | LU1917361849 |  |  |
| Aktien im Umlauf |  | 30 830.4500 | 28 422.9780 |
| Nettoinventarwert pro Aktie in HKD |  | 1 033.28 | 1 000.21 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 1 033.28 | 1 002.71 |
| Klasse (SGD hedged) Q-mdist 1 | LU1919997202 |  |  |
| Aktien im Umlauf |  | 405 620.2240 | 205 589.7020 |
| Nettoinventarwert pro Aktie in SGD |  | 103.55 | 100.01 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 2 |  | 103.55 | 100.26 |
| 1  Erste NAV 29.1.2019 2  Siehe Erläuterung 1 |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Luxemburg | 39.26 |
| --- | --- |
| Vereinigte Staaten | 24.34 |
| Irland | 20.40 |
| Japan | 3.39 |
| Grossbritannien | 2.04 |
| Australien | 1.68 |
| Frankreich | 1.67 |
| Deutschland | 1.40 |
| Spanien | 1.01 |
| Niederlande | 0.72 |
| Italien | 0.57 |
| Finnland | 0.24 |
| Schweiz | 0.11 |
| Belgien | 0.10 |
| Österreich | 0.07 |
| Portugal | 0.05 |
| Bermuda | 0.02 |
| Kanada | 0.02 |
| Jersey | 0.02 |
| Argentinien | 0.01 |
| Papua-Neuguinea | 0.01 |
| Total | 97.13 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Anlagefonds | 59.36 |
| --- | --- |
| Länder- & Zentralregierungen | 4.70 |
| Internet, Software & IT-Dienste | 3.25 |
| Banken & Kreditinstitute | 3.12 |
| Finanz- & Beteiligungsgesellschaften | 2.91 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 2.44 |
| Computer & Netzwerkausrüster | 1.88 |
| Telekommunikation | 1.80 |
| Detailhandel, Warenhäuser | 1.49 |
| Energie- & Wasserversorgung | 1.42 |
| Elektronik & Halbleiter | 1.23 |
| Erdöl | 1.12 |
| Immobilien | 1.12 |
| Maschinen & Apparate | 1.11 |
| Versicherungen | 0.88 |
| Nahrungsmittel & Softdrinks | 0.87 |
| Verkehr & Transport | 0.84 |
| Biotechnologie | 0.81 |
| Baugewerbe & Baumaterial | 0.73 |
| Gastgewerbe & Freizeit | 0.71 |
| Diverse Konsumgüter | 0.69 |
| Tabak & alkoholische Getränke | 0.55 |
| Chemie | 0.53 |
| Fahrzeuge | 0.51 |
| Flugzeug- & Raumfahrtindustrie | 0.50 |
| Diverse Handelsfirmen | 0.38 |
| Diverse Dienstleistungen | 0.34 |
| Nichteisenmetalle | 0.27 |
| Textilien, Kleidung & Lederwaren | 0.26 |
| Gesundheits- & Sozialwesen | 0.23 |
| Grafisches Gewerbe, Verlage & Medien | 0.22 |
| Forstwirtschaft, Holz & Papier | 0.19 |
| Bergbau, Kohle & Stahl | 0.19 |
| Elektrische Geräte & Komponenten | 0.17 |
| Edelmetalle und -steine | 0.07 |
| Diverse Investitionsgüter | 0.07 |
| Gummi & Reifen | 0.04 |
| Umwelt & Recycling | 0.04 |
| Diverse nicht klassierte Gesellschaften | 0.03 |
| Verpackungsindustrie | 0.03 |
| Landwirtschaft & Fischerei | 0.02 |
| Photo & Optik | 0.01 |
| Total | 97.13 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019

## Nettovermögensaufstellung
Aktiva	30.11.2019
USD
Wertpapierbestand, Einstandswert	463 966 779.84
Wertpapierbestand, nicht realisierte Werterhöhung (-minderung)		23 507 951.75	
Total Wertpapierbestand (Erläuterung 1)	487 474 731.59
Bankguthaben, Sicht- und Fristgelder	7 605 333.44*
Forderungen aus Wertpapierverkäufen (Erläuterung 1)	17 232 880.64
Forderungen aus Zeichnungen	2 004 957.25
Zinsforderungen aus Wertpapieren	27 338.40
Forderungen aus Dividenden	335 916.57
Sonstige Forderungen	33 355.62
Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1)	-204 369.01
Total Aktiva	514 490 856.98
Passiva
Nicht realisierter Kursgewinn (-verlust) aus Swaps (Erläuterung 1)	-19 287.52
Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1)	-8 035 551.24
Verbindlichkeiten aus Rücknahmen	-4 341 418.35
Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2)	-211 695.88
Rückstellungen für Abonnementsabgabe (Erläuterung 3)	-24 862.10
Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2)		-11 185.96		 Total Rückstellungen für Aufwendungen			-247 743.94
Total Passiva	-12 624 713.53
Nettovermögen am Ende der Berichtsperiode	501 866 143.45

## Ertrags- und Aufwandsrechnung
Erträge	1.6.2019-30.11.2019
USD
Zinsertrag auf liquide Mittel	26 492.55
Zinsen auf Wertpapiere	113 213.24
Zinsertrag auf Swaps (Erläuterung 1)	124 107.98
Dividenden	1 300 859.54
Erträge aus Securities Lending (Erläuterung 12)	30 950.37
Total Erträge	1 910 855.61
Aufwendungen
Sonstige Erträge (Erläuterung 4)	315 231.93
Kosten aus Securities Lending (Erläuterung 12)	-12 380.15
Pauschale Verwaltungskommission (Erläuterung 2)	-2 290 712.80
Abonnementsabgabe (Erläuterung 3)	-65 570.13
Sonstige Kommissionen und Gebühren (Erläuterung 2)	-41 855.19
Total Aufwendungen	-2 411 727.51
Nettoerträge (-verluste) aus Anlagen	-500 871.90
Realisierte Gewinne (Verluste) (Erläuterung 1)
Zinsaufwand auf liquide Mittel und Kontokorrentkredit	-1 209.24
Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen	-3 315 763.93
Realisierter Kursgewinn (-verlust) aus Optionen	-1 451 109.71
Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten	286 364.96
Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten	64 723.79
Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten	1 459 526.94
Realisierter Kursgewinn (-verlust) aus Swaps	704 376.77
Total der realisierten Gewinne (Verluste)	-2 033 282.83
Realisierter Nettogewinn (-verlust) der Berichtsperiode	-2 534 154.73
Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1)
Realisierter Währungsgewinn (-verlust)	218 598.35
Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen	26 589 070.53
Nicht realisierte Werterhöhung (-minderung) von Optionen	-209 688.30
Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente	-30 390.14
Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten	-811 779.26
Total der Veränderungen der nicht realisierten Werterhöhung (-minderung)	25 565 524.76
Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit	23 031 370.03
Nicht realisierte Werterhöhung (-minderung) von Swaps	28 311.93
* Zum 30. November 2019 wurden gegenüber UBS AG Bankguthaben in Höhe von USD 80 000 als Sicherheit eingesetzt.
UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-30.11.2019 |
| Nettovermögen zu Beginn der Berichtsperiode | 326 403 802.47 |
| Zeichnungen | 210 971 594.10 |
| Rücknahmen | 	-49 378 366.50	 |
| Total Mittelzufluss (-abfluss) | 161 593 227.60 |
| Ausbezahlte Dividende | -9 162 256.65 |
| Nettoerträge (-verluste) aus Anlagen | -500 871.90 |
| Total der realisierten Gewinne (Verluste) | -2 033 282.83 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	25 565 524.76	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 23 031 370.03 |
| Nettovermögen am Ende der Berichtsperiode | 501 866 143.45 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2019-30.11.2019 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 1.0000 |
| Anzahl der ausgegebenen Aktien | 0.3000 |
| Anzahl der zurückgegebenen Aktien | -0.1000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 1.2000 |
| Klasse | K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 6.7000 |
| Anzahl der ausgegebenen Aktien | 2.2000 |
| Anzahl der zurückgegebenen Aktien | -0.8000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 8.1000 |
| Klasse | (HKD) K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 3.3000 |
| Anzahl der ausgegebenen Aktien | 0.1000 |
| Anzahl der zurückgegebenen Aktien | -0.8000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 2.6000 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 369 590.5000 |
| Anzahl der ausgegebenen Aktien | 292 518.6980 |
| Anzahl der zurückgegebenen Aktien | -59 383.8660 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 602 725.3320 |
| Klasse | P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 1 276 793.6250 |
| Anzahl der ausgegebenen Aktien | 878 077.7590 |
| Anzahl der zurückgegebenen Aktien | -164 758.6140 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 1 990 112.7700 |
| Klasse | (HKD) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 148 837.1680 |
| Anzahl der ausgegebenen Aktien | 58 303.3770 |
| Anzahl der zurückgegebenen Aktien | -23 517.0470 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 183 623.4980 |
| Klasse | (SGD hedged) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 390 403.7810 |
| Anzahl der ausgegebenen Aktien | 136 364.5390 |
| Anzahl der zurückgegebenen Aktien | -61 548.3050 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 465 220.0150 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 97 594.6280 |
| Anzahl der ausgegebenen Aktien | 121 812.9050 |
| Anzahl der zurückgegebenen Aktien | -36 095.7460 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 183 311.7870 |
| Klasse | (HKD) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 6 366.9850 |
| Anzahl der ausgegebenen Aktien | 7 563.1360 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 13 930.1210 |
| Klasse | Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 295 734.1980 |
| Anzahl der ausgegebenen Aktien | 286 063.7570 |
| Anzahl der zurückgegebenen Aktien | -52 327.2730 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 529 470.6820 |
| Klasse | (HKD) Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 28 422.9780 |
| Anzahl der ausgegebenen Aktien | 7 076.7570 |
| Anzahl der zurückgegebenen Aktien | -4 669.2850 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 30 830.4500 |
| Klasse | (SGD hedged) Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 205 589.7020 |
| Anzahl der ausgegebenen Aktien | 200 030.5220 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 405 620.2240 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
| Monatliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| K-1-mdist | 17.6.2019 | 20.6.2019 | USD | 27 039.90 |
| K-1-mdist | 15.7.2019 | 18.7.2019 | USD | 22 541.51 |
| K-1-mdist | 16.8.2019 | 21.8.2019 | USD | 22 551.66 |
| K-1-mdist | 16.9.2019 | 19.9.2019 | USD | 22 560.03 |
| K-1-mdist | 15.10.2019 | 18.10.2019 | USD | 22 567.84 |
| K-1-mdist | 15.11.2019 | 20.11.2019 | USD | 22 574.99 |
| (HKD) K-1-mdist | 17.6.2019 | 20.6.2019 | HKD | 216 164.83 |
| (HKD) K-1-mdist | 15.7.2019 | 18.7.2019 | HKD | 179 558.09 |
| (HKD) K-1-mdist | 16.8.2019 | 21.8.2019 | HKD | 179 985.65 |
| (HKD) K-1-mdist | 16.9.2019 | 19.9.2019 | HKD | 180 226.45 |
| (HKD) K-1-mdist | 15.10.2019 | 18.10.2019 | HKD | 180 380.53 |
| (HKD) K-1-mdist | 15.11.2019 | 20.11.2019 | HKD | 180 399.04 |
| P-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| P-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| P-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| P-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| P-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| P-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| (HKD) P-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.39 |
| (HKD) P-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.49 |
| (SGD hedged) P-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) P-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| Q-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| Q-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| Q-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| Q-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| Q-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| Q-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| (HKD) Q-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.40 |
| (HKD) Q-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.49 |
| (HKD) Q-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.50 |
| (HKD) Q-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.51 |
| (HKD) Q-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.51 |
| (HKD) Q-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.52 |
| (SGD hedged) Q-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) Q-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Inhaberaktien |  |  |  |
| Australien |  |  |  |
| AUD	AGL ENERGY NPV | 52 853.00 | 729 652.79 | 0.15 |
| AUD	ALUMINA LTD NPV | 8 083.00 | 12 629.56 | 0.00 |
| AUD	AMP LIMITED NPV(POST RECON) | 15 656.00 | 20 702.90 | 0.00 |
| AUD	APA GROUP NPV | 6 102.00 | 45 401.32 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 1 459.00 | 33 474.55 | 0.01 |
| AUD	ASX LTD NPV | 1 111.00 | 61 403.46 | 0.01 |
| AUD	AURIZON HOLDINGS NPV | 9 446.00 | 36 930.01 | 0.01 |
| AUD	AUST & NZ BANK GRP NPV | 14 289.00 | 240 080.58 | 0.05 |
| AUD	BK OF QUEENSLAND NPV | 1 324.00 | 7 012.18 | 0.00 |
| AUD	BLUESCOPE STEEL NPV | 2 664.00 | 26 218.08 | 0.01 |
| AUD	BORAL LIMITED NPV | 6 181.00 | 21 489.46 | 0.00 |
| AUD	BRAMBLES LTD NPV | 8 081.00 | 68 598.15 | 0.01 |
| AUD	CALTEX AUSTRALIA NPV | 1 409.00 | 32 937.33 | 0.01 |
| AUD	CHALLENGER LIMITED NPV | 3 155.00 | 17 371.10 | 0.00 |
| AUD	CIMIC GROUP LTD NPV | 688.00 | 15 654.82 | 0.00 |
| AUD	CMNWLTH BK OF AUST NPV | 8 905.00 | 486 806.50 | 0.10 |
| AUD	COCA-COLA AMATIL NPV | 14 493.00 | 111 558.88 | 0.02 |
| AUD	COCHLEAR LTD NPV | 274.00 | 43 366.21 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 2 695.00 | 32 319.98 | 0.01 |
| AUD	CROWN RESORTS LTD NPV | 2 241.00 | 19 569.14 | 0.00 |
| AUD	CSL NPV | 2 302.00 | 441 399.00 | 0.09 |
| AUD	DEXUS NPV (STAPLED) | 5 768.00 | 47 715.04 | 0.01 |
| AUD	FLIGHT CENTRE TRAVEL GROUP LTD NPV | 4 792.00 | 142 714.83 | 0.03 |
| AUD	FORTESCUE METALS G NPV | 25 975.00 | 170 951.14 | 0.03 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 8 354.00 | 83 742.57 | 0.02 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 8 787.00 | 36 552.69 | 0.01 |
| AUD	HARVEY NORMAN HLDG NPV | 3 456.00 | 10 051.85 | 0.00 |
| AUD	INSURANCE AUST GRP NPV | 11 576.00 | 61 778.75 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 2 928.00 | 38 243.44 | 0.01 |
| AUD	MACQUARIE GP LTD NPV | 1 636.00 | 152 764.80 | 0.03 |
| AUD	MAGELLAN FINANCIAL NPV | 697.00 | 24 746.45 | 0.01 |
| AUD	MEDIBANK PRIVATE L NPV | 11 335.00 | 24 994.40 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 15 540.00 | 35 422.93 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 14 513.00 | 254 151.59 | 0.05 |
| AUD	NEWCREST MINING NPV | 3 920.00 | 81 559.77 | 0.02 |
| AUD	ORICA LIMITED NPV | 2 267.00 | 36 464.22 | 0.01 |
| AUD	ORIGIN ENERGY NPV | 8 799.00 | 51 779.30 | 0.01 |
| AUD	QBE INS GROUP NPV | 6 845.00 | 58 707.87 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 904.00 | 44 624.76 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 271.00 | 19 129.65 | 0.00 |
| AUD	RIO TINTO LIMITED NPV | 16 052.00 | 1 052 098.81 | 0.21 |
| AUD	SANTOS LIMITED NPV | 9 006.00 | 49 647.02 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 22 910.00 | 61 055.52 | 0.01 |
| AUD	SEEK LIMITED NPV | 1 956.00 | 30 681.26 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 2 557.00 | 52 094.19 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 1 214.00 | 18 328.06 | 0.00 |
| AUD	SOUTH32 LTD NPV | 21 371.00 | 39 029.43 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 10 958.00 | 37 430.56 | 0.01 |
| AUD	SUNCORP GROUP LTD NPV | 6 576.00 | 59 514.33 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 5 602.00 | 34 784.79 | 0.01 |
| AUD	TABCORP HLDGS LTD NPV | 9 281.00 | 30 070.04 | 0.01 |
| AUD	TELSTRA CORP NPV | 18 023.00 | 47 056.32 | 0.01 |
| AUD	TPG TELECOM LTD NPV | 1 414.00 | 6 685.44 | 0.00 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 13 830.00 | 143 593.29 | 0.03 |
| AUD	TREASURY WINE ESTA NPV | 3 778.00 | 47 786.71 | 0.01 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 10 555.00 | 19 133.60 | 0.00 |
| AUD	WESFARMERS LTD NPV | 5 808.00 | 166 451.87 | 0.03 |
| AUD	WESTPAC BKG CORP NPV | 66 967.00 | 1 110 669.66 | 0.22 |
| AUD	WISETECH GLOBAL LT NPV | 778.00 | 14 355.81 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 4 835.00 | 112 861.30 | 0.02 |
| AUD	WOOLWORTHS GRP LTD NPV | 6 351.00 | 170 801.66 | 0.03 |
| AUD	WORLEY LIMITED NPV | 1 792.00 | 18 181.63 | 0.00 |
| Total Australien |  | 7 202 983.35 | 1.44 |
| Österreich |  |  |  |
| EUR	ANDRITZ AG NPV(BR) | 163.00 | 6 362.22 | 0.00 |
| EUR	ERSTE GROUP BK AG NPV | 899.00 | 32 215.22 | 0.01 |
| EUR	OMV AG NPV(VAR) | 4 956.00 | 282 732.48 | 0.06 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 919.00 | 21 593.19 | 0.00 |
| EUR	VERBUND AG CLASS’A’NPV | 301.00 | 15 658.22 | 0.00 |
| EUR	VOESTALPINE AG NPV | 259.00 | 6 868.04 | 0.00 |
| Total Österreich |  | 365 429.37 | 0.07 |
| Belgien |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 2 579.00 | 204 369.92 | 0.04 |
| EUR	COLRUYT SA NPV | 1 145.00 | 59 336.42 | 0.01 |
| EUR	GPE BRUXELLES LAM NPV | 347.00 | 35 237.66 | 0.01 |
| EUR	PROXIMUS SA NPV | 605.00 | 18 264.46 | 0.00 |
| EUR	SOLVAY SA NPV | 209.00 | 23 966.11 | 0.00 |
| EUR	UMICORE NPV | 597.00 | 25 658.67 | 0.01 |
| Total Belgien |  | 366 833.24 | 0.07 |
| Bermuda |  |  |  |
| USD	MARVELL TECH GROUP COM USD0.002 | 1 318.00 | 34 755.66 | 0.01 |
| Total Bermuda |  | 34 755.66 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Kanada |  |  |  |  |
| USD | WASTE CONNECTIONS COM NPV (POST REV SPLT) | 532.00 | 48 172.60 | 0.01 |
| Total Kanada | 48 172.60 | 0.01 |
| Finnland |  |  |  |  |
| EUR | KONE CORPORATION NPV ORD ‘B’ | 1 082.00 | 67 787.01 | 0.01 |
| EUR | METSO OYJ NPV | 481.00 | 18 456.20 | 0.01 |
| EUR | WARTSILA OYJ ABP SER’B’EUR3.50 | 1 420.00 | 14 304.16 | 0.00 |
| Total Finnland |  | 100 547.37 | 0.02 |
| Frankreich |  |  |  |
| EUR	ACCOR EUR3 | 564.00 | 24 147.07 | 0.01 |
| EUR	ADP EUR3 | 103.00 | 20 158.28 | 0.00 |
| EUR	AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 1 594.00 | 216 265.84 | 0.04 |
| EUR	AIRBUS EUR1 | 1 960.00 | 288 290.21 | 0.06 |
| EUR	ALSTOM EUR7.00 | 586.00 | 25 573.57 | 0.01 |
| EUR	AMUNDI EUR2.5 (AIW) | 196.00 | 14 846.73 | 0.00 |
| EUR	ARKEMA EUR10 | 203.00 | 21 053.24 | 0.01 |
| EUR	ATOS SE EUR1 | 372.00 | 31 615.69 | 0.01 |
| EUR	AXA EUR2.29 | 6 495.00 | 176 850.46 | 0.04 |
| EUR	BIOMERIEUX NPV (POST SPLIT) | 214.00 | 19 360.22 | 0.00 |
| EUR	BNP PARIBAS EUR2 | 19 955.00 | 1 121 461.46 | 0.22 |
| EUR	BOLLORE EUR0.16 | 1 997.00 | 8 543.34 | 0.00 |
| EUR	BOUYGUES EUR1 | 700.00 | 28 619.09 | 0.01 |
| EUR	BUREAU VERITAS EUR0.12 | 750.00 | 19 648.33 | 0.00 |
| EUR	CAPGEMINI EUR8 | 493.00 | 58 353.50 | 0.01 |
| EUR	CARREFOUR EUR2.50 | 1 993.00 | 32 918.28 | 0.01 |
| EUR	CASINO GUICH-PERR EUR1.53 | 169.00 | 7 442.40 | 0.00 |
| EUR	CIE DE ST-GOBAIN EUR4 | 1 640.00 | 66 453.70 | 0.01 |
| EUR	CNP ASSURANCES EUR1 | 26 421.00 | 522 041.76 | 0.10 |
| EUR	COVIVIO EUR3 | 77.00 | 8 523.98 | 0.00 |
| EUR	CREDIT AGRICOLE SA EUR3 | 3 625.00 | 49 621.83 | 0.01 |
| EUR	DANONE EUR0.25 | 5 506.00 | 453 618.81 | 0.09 |
| EUR	DASSAULT AVIATION EUR8 | 80.00 | 108 936.88 | 0.02 |
| EUR	DASSAULT SYSTEMES EUR0.50 | 450.00 | 70 952.31 | 0.01 |
| EUR	EDENRED EUR2 | 834.00 | 41 426.56 | 0.01 |
| EUR	EDF EUR0.5 | 2 355.00 | 24 210.91 | 0.01 |
| EUR	EIFFAGE EUR4 | 4 033.00 | 440 676.47 | 0.09 |
| EUR	ENGIE EUR1 | 37 593.00 | 595 222.60 | 0.12 |
| EUR	ESSILORLUXOTTICA EUR0.18 | 968.00 | 150 491.67 | 0.03 |
| EUR	EURAZEO NPV | 90.00 | 6 137.62 | 0.00 |
| EUR	EUTELSAT COMMUNICA EUR1 | 413.00 | 6 780.52 | 0.00 |
| EUR	FAURECIA EUR7 | 306.00 | 16 242.22 | 0.00 |
| EUR	GETLINK SE EUR0.40 | 1 245.00 | 21 016.60 | 0.01 |
| EUR	HERMES INTL NPV | 101.00 | 75 726.57 | 0.02 |
| EUR	ICADE NPV | 77.00 | 7 713.18 | 0.00 |
| EUR	ILIAD NPV | 63.00 | 8 026.54 | 0.00 |
| EUR	INGENICO GROUP EUR1 | 190.00 | 20 291.59 | 0.00 |
| EUR	IPSEN EUR1 | 145.00 | 16 387.39 | 0.00 |
| EUR	JC DECAUX SA NPV | 269.00 | 7 711.58 | 0.00 |
| EUR	KERING EUR4 | 261.00 | 157 328.56 | 0.03 |
| EUR	KLEPIERRE EUR1.40 | 581.00 | 20 864.69 | 0.00 |
| EUR	L’OREAL EUR0.20 | 842.00 | 240 174.29 | 0.05 |
| EUR	LEGRAND SA EUR4 | 892.00 | 70 498.66 | 0.01 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 937.00 | 420 796.37 | 0.08 |
| EUR	NATIXIS EUR1.6 | 28 569.00 | 119 480.18 | 0.02 |
| EUR	ORANGE EUR4 | 6 231.00 | 103 054.51 | 0.02 |
| EUR	PERNOD RICARD EUR1.55 | 724.00 | 133 073.68 | 0.03 |
| EUR	PEUGEOT SA EUR1 | 11 634.00 | 281 182.05 | 0.06 |
| EUR	PUBLICIS GROUPE SA EUR0.40 | 633.00 | 27 875.96 | 0.01 |
| EUR	REMY COINTREAU EUR1.60 | 47.00 | 6 058.02 | 0.00 |
| EUR	RENAULT SA EUR3.81 | 610.00 | 29 227.22 | 0.01 |
| EUR	SAFRAN EUR0.20 | 1 094.00 | 179 066.98 | 0.04 |
| EUR	SANOFI EUR2 | 3 766.00 | 350 918.61 | 0.07 |
| EUR	SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 117.00 | 18 589.51 | 0.00 |
| EUR	SCHNEIDER ELECTRIC EUR8 | 1 758.00 | 169 801.28 | 0.03 |
| EUR	SCOR SE EUR7.876972 (POST CONS) | 486.00 | 20 893.32 | 0.00 |
| EUR	SEB SA EUR1 | 116.00 | 18 034.13 | 0.00 |
| EUR	SOC GENERALE EUR1.25 | 2 687.00 | 84 614.32 | 0.02 |
| EUR	SODEXO EUR4 | 312.00 | 36 396.38 | 0.01 |
| EUR	SUEZ EUR4 | 1 228.00 | 18 190.89 | 0.00 |
| EUR	TELEPERFORMANCE EUR2.50 | 188.00 | 44 567.09 | 0.01 |
| EUR	THALES EUR3 | 375.00 | 36 766.20 | 0.01 |
| EUR	TOTAL EUR2.5 | 7 993.00 | 419 855.22 | 0.08 |
| EUR	UBISOFT ENTERTAIN EUR0.31 | 246.00 | 14 945.30 | 0.00 |
| EUR	UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 519.00 | 81 202.19 | 0.02 |
| EUR	VALEO EUR1 (POST SUBD) | 862.00 | 33 987.78 | 0.01 |
| EUR	VEOLIA ENVIRONNEME EUR5 | 1 623.00 | 41 588.44 | 0.01 |
| EUR	VINCI EUR2.50 | 1 732.00 | 189 022.42 | 0.04 |
| EUR	VIVENDI SA EUR5.50 | 3 095.00 | 85 040.67 | 0.02 |
| EUR	WENDEL EUR4 | 46.00 | 6 203.01 | 0.00 |
| EUR	WORLDLINE EUR0.68 | 391.00 | 25 328.10 | 0.01 |
| Total Frankreich |  | 8 317 985.03 | 1.66 |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 1 173.00 | 94 802.54 | 0.02 |
| EUR	BEIERSDORF AG NPV | 394.00 | 45 983.82 | 0.01 |
| EUR	CARL ZEISS MEDITEC NPV | 168.00 | 20 561.28 | 0.00 |
| EUR	COMMERZBANK AG NPV | 2 939.00 | 17 048.49 | 0.00 |
| EUR	CONTINENTAL AG ORD NPV | 388.00 | 50 738.12 | 0.01 |
| EUR	COVESTRO AG NPV | 673.00 | 31 537.12 | 0.01 |
| EUR	DEUTSCHE WOHNEN AG NPV (BR) | 1 164.00 | 45 497.47 | 0.01 |
| EUR	FRAPORT AG NPV | 213.00 | 18 158.90 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | FRESENIUS MED CARE NPV | 726.00 | 53 280.45 | 0.01 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 1 308.00 | 71 590.85 | 0.02 |
| EUR | GEA GROUP AG NPV | 549.00 | 17 657.40 | 0.00 |
| EUR | HEIDELBERGCEMENT NPV | 579.00 | 42 837.00 | 0.01 |
| EUR | HENKEL AG & CO KGAA | 338.00 | 32 721.20 | 0.01 |
| EUR | HOCHTIEF AG NPV | 1 852.00 | 227 684.70 | 0.05 |
| EUR | KION GROUP AG NPV | 248.00 | 16 466.85 | 0.00 |
| EUR | KNORR BREMSE AG NPV | 204.00 | 19 856.86 | 0.00 |
| EUR | LANXESS AG NPV | 320.00 | 21 346.34 | 0.01 |
| EUR | MERCK KGAA NPV | 442.00 | 51 659.02 | 0.01 |
| EUR | METRO AG (NEW) NPV | 398.00 | 6 417.96 | 0.00 |
| EUR | PUMA SE NPV | 261.00 | 19 626.50 | 0.00 |
| EUR | RWE AG (NEU) NPV | 1 841.00 | 54 624.25 | 0.01 |
| EUR | SAP AG ORD NPV | 3 319.00 | 451 878.69 | 0.09 |
| EUR | SYMRISE AG NPV (BR) | 423.00 | 41 061.84 | 0.01 |
| EUR | THYSSENKRUPP AG NPV | 1 479.00 | 18 557.89 | 0.00 |
| EUR | VOLKSWAGEN AG ORD NPV | 107.00 | 20 427.93 | 0.00 |
| EUR | WIRECARD AG NPV | 390.00 | 51 515.68 | 0.01 |
| EUR | ZALANDO SE NPV | 550.00 | 23 711.41 | 0.01 |
| Total Deutschland	1 567 250.56	0.31 |
| Irland |  |  |  |  |
| EUR | AIB GROUP PLC ORD EUR0.625 | 1 942.00 | 6 359.51 | 0.00 |
| EUR | BANK OF IRELAND GR EUR1 | 1 526.00 | 7 672.51 | 0.00 |
| GBP | DCC ORD EUR0.25 | 227.00 | 19 402.71 | 0.00 |
| EUR | FLUTTER ENTERTAINM ORD EUR0.09 | 185.00 | 21 214.02 | 0.01 |
| EUR | KERRY GROUP ‘A’ORD EUR0.125(DUBLIN LIST) | 471.00 | 60 449.38 | 0.01 |
| USD | SEAGATE TECH PLC COM USD0.00001 | 12 324.00 | 735 496.32 | 0.15 |
| Total Irland | 850 594.45 | 0.17 |
| Italien |  |  |  |  |
| EUR | ASSIC GENERALI SPA EUR1 | 3 478.00 | 71 059.64 | 0.01 |
| EUR | FINECOBANK SPA EUR0.33 | 1 811.00 | 22 484.06 | 0.01 |
| EUR | LEONARDO SPA EUR4.40 | 46 886.00 | 548 758.39 | 0.11 |
| EUR | POSTE ITALIANE SPA NPV | 1 662.00 | 19 406.40 | 0.00 |
| EUR | TELECOM ITALIA SPA DI RISP EUR0.55 | 12 165.00 | 7 497.94 | 0.00 |
| EUR | TELECOM ITALIA SPA EUR0.55 | 251 404.00 | 157 503.94 | 0.03 |
| Total Italien	826 710.37	0.16 |
| Japan |  |  |  |  |
| JPY | ADVANTEST CORP NPV | 400.00 | 19 541.59 | 0.01 |
| JPY | AIR WATER INC NPV | 600.00 | 9 632.00 | 0.00 |
| JPY | AISIN SEIKI CO NPV | 200.00 | 7 560.95 | 0.00 |
| JPY | AMADA CO LTD NPV | 900.00 | 10 026.48 | 0.00 |
| JPY | ASAHI INTECC CO LT NPV | 600.00 | 17 477.86 | 0.00 |
| JPY | BANDAI NAMCO HLDGS NPV | 500.00 | 30 303.17 | 0.01 |
| JPY | CALBEE INC NPV | 300.00 | 9 656.65 | 0.00 |
| JPY | CENTRAL JAPAN RLWY NPV | 300.00 | 60 528.72 | 0.01 |
| JPY | CHUGAI PHARM CO NPV | 500.00 | 43 639.85 | 0.01 |
| JPY | COCA-COLA BOTTLERS NPV | 300.00 | 7 202.08 | 0.00 |
| JPY | CONCORDIA FINANCIA NPV | 2 500.00 | 10 136.06 | 0.00 |
| JPY | CREDIT SAISON CO NPV | 600.00 | 9 916.90 | 0.00 |
| JPY | CYBER AGENT NPV | 200.00 | 6 903.48 | 0.00 |
| JPY | DAI-ICHI LIFE HOLD NPV | 2 300.00 | 37 027.67 | 0.01 |
| JPY | DAICEL CORP | 1 700.00 | 16 703.50 | 0.00 |
| JPY | DAIFUKU CO LTD NPV | 100.00 | 5 816.82 | 0.00 |
| JPY | DAIICHI SANKYO COM NPV | 1 200.00 | 75 193.13 | 0.02 |
| JPY | DAIKIN INDUSTRIES NPV | 500.00 | 71 888.41 | 0.02 |
| JPY | DAITO TRUST CONST NPV | 200.00 | 24 445.26 | 0.01 |
| JPY | DAIWA HOUSE INDS NPV | 1 200.00 | 36 698.02 | 0.01 |
| JPY | DAIWA HOUSE REIT I REIT | 2.00 | 5 467.99 | 0.00 |
| JPY | DENTSU INC NPV | 200.00 | 7 250.48 | 0.00 |
| JPY | DISCO CORPORATION NPV | 100.00 | 21 568.81 | 0.01 |
| JPY | EISAI CO NPV | 500.00 | 37 028.58 | 0.01 |
| JPY | FANUC CORP NPV | 400.00 | 76 358.32 | 0.02 |
| JPY | FAST RETAILING CO NPV | 100.00 | 60 898.55 | 0.01 |
| JPY | FUJI ELECTRIC CO L NPV | 11 100.00 | 341 585.24 | 0.07 |
| JPY | FUKUOKA FINANCIAL NPV | 500.00 | 9 519.68 | 0.00 |
| JPY | GMO PAYMENT GATEWA NPV | 100.00 | 7 086.11 | 0.00 |
| JPY | HANKYU HANSHIN HLD NPV | 200.00 | 8 583.69 | 0.00 |
| JPY | HITACHI HIGH-TECH NPV | 100.00 | 6 519.95 | 0.00 |
| JPY | HOSHIZAKI CORPORAT NPV | 100.00 | 8 738.93 | 0.00 |
| JPY | HULIC CO LTD NPV | 700.00 | 7 868.69 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 600.00 | 16 371.11 | 0.00 |
| JPY | IHI CORP NPV | 400.00 | 9 325.18 | 0.00 |
| JPY | ISUZU MOTORS NPV | 1 600.00 | 18 708.79 | 0.01 |
| JPY | ITOCHU TECHNO-SOLU NPV | 400.00 | 10 676.65 | 0.00 |
| JPY | J FRONT RETAILING NPV | 800.00 | 10 504.98 | 0.00 |
| JPY | JAPAN AIRPORT TERM NPV | 200.00 | 10 391.74 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 1 200.00 | 20 392.66 | 0.01 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 1.00 | 6 803.03 | 0.00 |
| JPY | JGC HLDGS CORP NPV | 500.00 | 7 264.18 | 0.00 |
| JPY | JTEKT CORPORATION NPV | 20 000.00 | 248 379.14 | 0.05 |
| JPY | KAJIMA CORP NPV | 1 400.00 | 18 447.63 | 0.01 |
| JPY | KAKAKU.COM. INC NPV | 300.00 | 7 234.96 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 1 400.00 | 15 954.71 | 0.00 |
| JPY | KANSAI PAINT CO NPV | 700.00 | 17 629.44 | 0.01 |
| JPY | KAO CORP NPV | 1 000.00 | 78 641.22 | 0.02 |
| JPY | KAWASAKI HEAVY IND NPV | 15 200.00 | 341 170.67 | 0.07 |
| JPY | KEIKYU CORP | 900.00 | 18 499.68 | 0.01 |
| JPY | KEIO CORPORATION NPV | 300.00 | 19 231.12 | 0.01 |
| JPY | KIKKOMAN CORP NPV | 300.00 | 15 067.11 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | KINTETSU GROUP HOL NPV | 100.00 | 5 652.45 | 0.00 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 1 800.00 | 39 826.50 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 100.00 | 8 200.16 | 0.00 |
| JPY | KOMATSU NPV | 2 000.00 | 46 881.56 | 0.01 |
| JPY | KOSE CORPORATION NPV | 100.00 | 15 916.35 | 0.00 |
| JPY | KURARAY CO NPV | 600.00 | 7 248.65 | 0.00 |
| JPY | KYUSHU RAILWAY COR NPV | 200.00 | 6 803.03 | 0.00 |
| JPY | LINE CORP NPV | 200.00 | 9 405.53 | 0.00 |
| JPY | LION CORP NPV | 800.00 | 16 108.11 | 0.00 |
| JPY | M3 INC NPV | 800.00 | 21 988.86 | 0.01 |
| JPY | MAKITA CORP NPV | 200.00 | 6 611.27 | 0.00 |
| JPY | MARUI GROUP NPV | 700.00 | 16 836.82 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 100.00 | 6 793.90 | 0.00 |
| JPY | MINEBEA MITSUMI INC | 1 100.00 | 21 335.04 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 800.00 | 19 797.28 | 0.01 |
| JPY | MITSUBISHI GAS CHM NPV | 700.00 | 10 943.29 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 1 900.00 | 47 244.09 | 0.01 |
| JPY | NABTESCO CORP NPV | 300.00 | 9 204.64 | 0.00 |
| JPY | NAGOYA RAILROAD CO NPV | 400.00 | 12 729.43 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 500.00 | 73 920.19 | 0.02 |
| JPY | NIPPON BUILDING FD REIT | 49.00 | 367 802.02 | 0.07 |
| JPY | NIPPON EXPRESS CO NPV | 200.00 | 12 674.64 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 300.00 | 15 998.54 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 100.00 | 9 022.01 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 1 800.00 | 26 389.37 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 200.00 | 7 917.09 | 0.00 |
| JPY | NISSHIN SEIFUN GRP NPV | 600.00 | 11 264.72 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 200.00 | 14 975.80 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 200.00 | 31 321.34 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 400.00 | 22 427.18 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 11 000.00 | 265 683.50 | 0.05 |
| JPY | OBAYASHI CORP NPV | 1 600.00 | 16 948.22 | 0.00 |
| JPY | OBIC CO LTD NPV | 100.00 | 13 268.19 | 0.00 |
| JPY | ODAKYU ELEC RLWY NPV | 700.00 | 17 201.17 | 0.00 |
| JPY | OJI HOLDINGS CO NPV | 1 300.00 | 7 419.41 | 0.00 |
| JPY | OLYMPUS CORP NPV | 2 500.00 | 37 074.24 | 0.01 |
| JPY | ONO PHARMACEUTICAL NPV | 900.00 | 20 176.24 | 0.01 |
| JPY | ORIENTAL LAND CO NPV | 400.00 | 55 319.15 | 0.01 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 1 000.00 | 16 199.43 | 0.00 |
| JPY | PEPTIDREAM INC NPV | 300.00 | 13 779.57 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 300.00 | 5 514.56 | 0.00 |
| JPY | PIGEON CORP NPV | 200.00 | 9 295.95 | 0.00 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 400.00 | 9 854.81 | 0.00 |
| JPY | RAKUTEN INC NPV | 1 800.00 | 15 598.58 | 0.00 |
| JPY | RECRUIT HLDGS CO L NPV | 2 900.00 | 104 920.10 | 0.02 |
| JPY | RINNAI CORP NPV | 100.00 | 7 670.53 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 400.00 | 9 106.02 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 800.00 | 16 604.88 | 0.00 |
| JPY | SECOM CO NPV | 500.00 | 42 493.84 | 0.01 |
| JPY | SEIBU HOLDINGS INC NPV | 600.00 | 10 568.90 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 1 000.00 | 21 596.20 | 0.01 |
| JPY | SHARP CORP NPV | 500.00 | 7 551.82 | 0.00 |
| JPY | SHIMANO INC NPV | 200.00 | 32 325.81 | 0.01 |
| JPY | SHIMIZU CORP NPV | 1 800.00 | 17 225.82 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 800.00 | 85 544.70 | 0.02 |
| JPY | SHIONOGI & CO NPV | 2 200.00 | 129 336.13 | 0.03 |
| JPY | SHISEIDO CO LTD NPV | 800.00 | 57 748.15 | 0.01 |
| JPY | SHOWA DENKO KK NPV | 300.00 | 8 007.49 | 0.00 |
| JPY | SMC CORP NPV | 100.00 | 45 301.80 | 0.01 |
| JPY | SQUARE-ENIX HOLDIN NPV | 200.00 | 9 880.38 | 0.00 |
| JPY | SUMITOMO HEAVY IND NPV | 28 100.00 | 803 150.39 | 0.16 |
| JPY | SUMITOMO METAL MNG NPV | 600.00 | 18 168.20 | 0.01 |
| JPY | SUMITOMO RUBBER NPV | 800.00 | 10 161.63 | 0.00 |
| JPY | SUNTORY BEVERAGE & NPV | 200.00 | 8 675.01 | 0.00 |
| JPY | SUZUKEN CO LTD NPV | 200.00 | 8 738.93 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 800.00 | 35 474.39 | 0.01 |
| JPY | SYSMEX CORP NPV | 300.00 | 20 784.40 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 1 700.00 | 19 994.52 | 0.01 |
| JPY | TAISEI CORP NPV | 500.00 | 19 610.08 | 0.01 |
| JPY | TAIYO NIPPON SANSO NPV | 300.00 | 6 676.10 | 0.00 |
| JPY | TEIJIN LTD NPV | 800.00 | 15 041.55 | 0.00 |
| JPY | TERUMO CORP NPV | 1 400.00 | 49 104.19 | 0.01 |
| JPY | THK CO LTD NPV | 600.00 | 16 847.78 | 0.00 |
| JPY | TOBU RAILWAY CO NPV | 200.00 | 7 314.40 | 0.00 |
| JPY | TOHO CO LTD NPV | 200.00 | 8 117.98 | 0.00 |
| JPY | TOHO GAS CO NPV | 300.00 | 11 327.73 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 1 000.00 | 9 907.77 | 0.00 |
| JPY | TOKYO GAS CO NPV | 700.00 | 16 903.94 | 0.00 |
| JPY | TOKYU CORP NPV | 1 000.00 | 19 715.09 | 0.01 |
| JPY | TORAY INDS INC NPV | 2 700.00 | 17 850.42 | 0.01 |
| JPY | TOSOH CORP NPV | 500.00 | 7 442.24 | 0.00 |
| JPY | TOTO LTD NPV | 200.00 | 8 748.06 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 300.00 | 17 614.83 | 0.00 |
| JPY | TOYOTA TSUSHO CORP NPV | 500.00 | 17 464.16 | 0.00 |
| JPY | TSURUHA HOLDINGS I NPV | 100.00 | 11 898.46 | 0.00 |
| JPY | USS CO LTD NPV | 700.00 | 13 564.06 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 100.00 | 5 862.48 | 0.00 |
| JPY | YAMAHA CORP NPV | 300.00 | 16 519.04 | 0.00 |
| JPY | YAMATO HOLDINGS CO NPV | 1 000.00 | 17 094.33 | 0.00 |
| JPY | ZOZO INC NPV | 238.00 | 4 735.66 | 0.00 |
| Total Japan | 5 276 430.89 | 1.05 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 23 212.00 | 73 230.30 | 0.01 |
| Total Jersey |  | 73 230.30 | 0.01 |
| Luxemburg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 3 293.00 | 28 618.46 | 0.01 |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 44.00 | 23 121.97 | 0.00 |
| Total Luxemburg |  | 51 740.43 | 0.01 |
| Niederlande |  |  |  |
| USD	AERCAP HOLDINGS EUR0.01 | 433.00 | 26 763.73 | 0.01 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 5 943.00 | 569 565.19 | 0.11 |
| EUR	EXOR NV EUR0.01 | 357.00 | 27 333.54 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 372.00 | 35 684.55 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 843.00 | 87 409.41 | 0.02 |
| EUR	ING GROEP N.V. EUR0.01 | 13 749.00 | 158 327.36 | 0.03 |
| EUR	KON KPN NV EUR0.04 | 10 055.00 | 30 998.25 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 20 586.00 | 530 795.62 | 0.11 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 9 112.00 | 423 426.23 | 0.08 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 970.00 | 112 112.60 | 0.02 |
| EUR	QIAGEN NV EUR0.01 | 747.00 | 32 006.73 | 0.01 |
| EUR	RANDSTAD N.V. EUR0.10 | 567.00 | 33 046.71 | 0.01 |
| GBP	ROYAL DUTCH SHELL ‘B’SHS EUR0.07 (UK LIST) | 12 073.00 | 341 921.64 | 0.07 |
| EUR	STMICROELECTRONICS EUR1.04 | 2 164.00 | 53 208.39 | 0.01 |
| EUR	VOPAK(KON) EUR0.50 | 255.00 | 13 605.48 | 0.00 |
| EUR	WOLTERS KLUWER EUR0.12 | 1 044.00 | 75 006.61 | 0.01 |
| Total Niederlande |  | 2 551 212.04 | 0.52 |
| Papua-Neuguinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 6 944.00 | 34 945.10 | 0.01 |
| Total Papua-Neuguinea |  | 34 945.10 | 0.01 |
| Singapur |  |  |  |
| USD	FLEX LTD COM USD0.01 | 773.00 | 9 175.51 | 0.00 |
| Total Singapur |  | 9 175.51 | 0.00 |
| Spanien |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 885.00 | 34 475.05 | 0.01 |
| EUR	AENA SME S.A. EUR10 | 1 348.00 | 247 767.01 | 0.05 |
| EUR	AMADEUS IT GROUP EUR0.01 | 9 493.00 | 756 762.78 | 0.15 |
| EUR	BANKIA S.A. EUR1 (POST CONS) | 3 749.00 | 7 269.02 | 0.00 |
| EUR	BCO DE SABADELL EUR0.125 | 15 536.00 | 17 249.90 | 0.00 |
| EUR	CAIXABANK SA EUR1 | 253 650.00 | 749 247.96 | 0.15 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 928.00 | 39 905.30 | 0.01 |
| EUR	ENAGAS SA EUR1.50 | 24 329.00 | 606 516.76 | 0.12 |
| EUR	ENDESA SA EUR1.2 | 965.00 | 26 259.74 | 0.01 |
| EUR	FERROVIAL SA EUR0.2 | 1 634.00 | 48 554.42 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 896.00 | 30 635.70 | 0.01 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 62 377.00 | 614 039.99 | 0.12 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 3 491.00 | 108 777.73 | 0.02 |
| EUR	NATURGY ENERGY GRO EUR1 | 24 829.00 | 646 084.35 | 0.13 |
| EUR	RED ELECTRICA CORP EUR0.5 | 14 121.00 | 276 364.21 | 0.06 |
| EUR	REPSOL SA EUR1 | 4 708.00 | 74 179.97 | 0.01 |
| EUR	SIEMENS GAMESA RENEWABLE ENERGY | 1 028.00 | 16 418.35 | 0.00 |
| EUR	TELEFONICA SA EUR1 | 15 422.00 | 118 213.87 | 0.02 |
| Total Spanien |  | 4 418 722.11 | 0.88 |
| Grossbritannien |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 1 783.00 | 24 700.59 | 0.01 |
| USD	AON PLC COM USD0.01 CL A | 465.00 | 94 678.65 | 0.02 |
| GBP	ASTRAZENECA ORD USD0.25 | 2 899.00 | 279 664.30 | 0.06 |
| GBP	AVIVA ORD GBP0.25 | 7 916.00 | 41 346.48 | 0.01 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 7 231.00 | 53 631.81 | 0.01 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 84 297.00 | 727 066.52 | 0.15 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 5 090.00 | 201 467.80 | 0.04 |
| GBP	BRITISH LAND CO PLC REIT | 3 031.00 | 22 566.97 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 18 543.00 | 45 946.37 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 698.00 | 19 167.78 | 0.00 |
| USD	COCA-COLA EUROPEAN ORD EUR0.01 | 869.00 | 43 849.74 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 49 920.00 | 239 172.91 | 0.05 |
| GBP	HALMA ORD GBP0.10 | 784.00 | 21 357.03 | 0.00 |
| USD	IHS MARKIT LTD COM | 731.00 | 53 107.15 | 0.01 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 2 500.00 | 25 591.90 | 0.01 |
| GBP	ITV ORD GBP0.10 | 9 750.00 | 18 299.47 | 0.00 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 496.00 | 18 438.89 | 0.00 |
| GBP	KINGFISHER ORD GBP0.157142857 | 2 424.00 | 6 581.30 | 0.00 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 1 876.00 | 23 256.59 | 0.01 |
| USD	LIBERTY GLOBAL INC USD0.01 A | 293.00 | 6 607.15 | 0.00 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 164 358.00 | 130 003.11 | 0.03 |
| GBP	MARKS & SPENCER GP ORD GBP0.25 | 2 814.00 | 7 074.16 | 0.00 |
| GBP	MEGGITT ORD GBP0.05 | 2 543.00 | 21 150.65 | 0.00 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 10 168.00 | 30 197.70 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 7 115.00 | 81 881.34 | 0.02 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 1 260.00 | 21 594.98 | 0.00 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 1 572.00 | 123 344.95 | 0.02 |
| GBP	RELX PLC GBP0.1444 | 4 299.00 | 104 152.97 | 0.02 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 3 766.00 | 21 672.50 | 0.00 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 4 074.00 | 37 499.32 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 2 069.00 | 20 173.58 | 0.00 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 292.00 | 8 471.86 | 0.00 |
| GBP	SMITHS GROUP ORD GBP0.375 | 938.00 | 20 152.96 | 0.00 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 171.00 | 19 741.07 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| GBP | SSE PLC ORD GBP0.50 | 2 303.00 | 38 726.10 | 0.01 |
| GBP | ST JAMES’S PLACE ORD GBP0.15 | 1 658.00 | 23 344.22 | 0.01 |
| EUR | UNILEVER EUR0.16 | 20 794.00 | 1 233 497.58 | 0.25 |
| GBP | UNITED UTILITIES G ORD GBP0.05 | 1 870.00 | 20 642.42 | 0.00 |
| GBP | WEIR GROUP ORD GBP0.125 | 1 113.00 | 20 090.54 | 0.00 |
| GBP | WHITBREAD ORD GBP0.76797385 | 11 815.00 | 703 157.14 | 0.14 |
| USD | WILLIS TOWERS WATS COM USD0.000304635 | 242.00 | 47 538.48 | 0.01 |
| GBP | WPP PLC ORD GBP0.10 | 2 750.00 | 35 589.04 | 0.01 |
| Total Grossbritannien |  | 4 736 196.07 | 0.94 |
| Vereinigte Staaten |  |  |  |
| USD	3M CO COM | 1 060.00 | 179 956.20 | 0.04 |
| USD	AFLAC INC COM USD0.10 | 1 479.00 | 81 108.36 | 0.02 |
| USD	AKAMAI TECHNOLOGIES INC COM | 6 401.00 | 557 655.12 | 0.11 |
| USD	ALBEMARLE CORP COM USD0.01 | 165.00 | 10 787.70 | 0.00 |
| USD	ALIGN TECHNOLOGY INC COM | 142.00 | 39 382.28 | 0.01 |
| USD	ALLEGHANY CORP DEL COM | 14.00 | 10 920.56 | 0.00 |
| USD	ALLIANCE DATA SYST COM USD0.01 | 3 393.00 | 362 745.63 | 0.07 |
| USD	ALLIANT ENERGY CORP COM | 487.00 | 25 811.00 | 0.01 |
| USD	ALNYLAM PHARMACEUTICALS INC COM | 200.00 | 23 428.00 | 0.00 |
| USD	ALPHABET INC CAP STK USD0.001 CL C | 963.00 | 1 256 676.48 | 0.25 |
| USD	ALTICE USA INC COM USD0.01 CL A | 509.00 | 13 020.22 | 0.00 |
| USD	AMER ELEC PWR INC COM USD6.50 | 929.00 | 84 864.15 | 0.02 |
| USD	AMERICAN AIRLINES COM USD1 | 241.00 | 6 926.34 | 0.00 |
| USD	AMERICAN WATER WOR COM STK USD0.01 | 336.00 | 40 666.08 | 0.01 |
| USD	ANSYS INC COM | 149.00 | 37 948.81 | 0.01 |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 82.00 | 16 000.66 | 0.00 |
| USD	ARROW ELECTRS INC COM | 219.00 | 17 441.16 | 0.00 |
| USD	BAKER HUGHES COMPA COM USD0.0001 CL A | 1 110.00 | 24 886.20 | 0.00 |
| USD	BERKLEY(WR)CORP COM USD0.20 | 363.00 | 24 684.00 | 0.00 |
| USD	BERKSHIRE HATHAWAY CLASS’B’COM USD0.0033 | 2 513.00 | 553 613.90 | 0.11 |
| USD	BIOMARIN PHARMA COM USD0.001 | 363.00 | 29 297.73 | 0.01 |
| USD	BLACKROCK INC COM STK USD0.01 | 212.00 | 104 920.92 | 0.02 |
| USD	BOSTON PPTYS INC COM USD0.01 | 288.00 | 39 899.52 | 0.01 |
| USD	BOSTON SCIENTIFIC COM USD0.01 | 2 695.00 | 116 558.75 | 0.02 |
| USD	BROADRIDGE FIN SOL COM STK USD0.01 | 226.00 | 27 958.46 | 0.01 |
| USD	BROWN FORMAN CORP CL B | 604.00 | 40 963.28 | 0.01 |
| USD	CABOT OIL & GAS CO COM USD0.10 | 647.00 | 10 313.18 | 0.00 |
| USD	CADENCE DESIGN SYS COM USD0.01 | 10 633.00 | 746 968.25 | 0.15 |
| USD	CAMPBELL SOUP CO CAP USD0.0375 | 272.00 | 12 667.04 | 0.00 |
| USD	CDK GLOBAL INC COM USD0.01 | 168.00 | 8 996.40 | 0.00 |
| USD	CDW CORP COM USD0.01 | 273.00 | 36 868.65 | 0.01 |
| USD	CERNER CORP COM | 579.00 | 41 450.61 | 0.01 |
| USD	CHENIERE ENERGY INC COM NEW | 498.00 | 30 148.92 | 0.01 |
| USD	CINCINNATI FINL CORP COM | 245.00 | 26 227.25 | 0.01 |
| USD	CINTAS CORP COM | 160.00 | 41 129.60 | 0.01 |
| USD	CLOROX CO DEL COM | 242.00 | 35 871.66 | 0.01 |
| USD	CME GROUP INC COM STK USD0.01 CLASS’A’ | 681.00 | 138 059.13 | 0.03 |
| USD	CMS ENERGY CORP COM | 540.00 | 33 102.00 | 0.01 |
| USD	COCA-COLA CO COM USD0.25 | 7 830.00 | 418 122.00 | 0.08 |
| USD	COGNEX CORP COM | 272.00 | 13 648.96 | 0.00 |
| USD	COLGATE-PALMOLIVE COM USD1 | 1 487.00 | 100 848.34 | 0.02 |
| USD	CONSTELLATION BRDS CLASS’A’COM USD0.01 | 338.00 | 62 888.28 | 0.01 |
| USD	COPART INC COM | 417.00 | 37 113.00 | 0.01 |
| USD	COSTAR GROUP INC COM | 66.00 | 40 448.76 | 0.01 |
| USD	COTY INC COM USD0.01 CL ‘A’ | 606.00 | 6 993.24 | 0.00 |
| USD	CSX CORP COM USD1 | 1 461.00 | 104 519.94 | 0.02 |
| USD	DEERE & CO COM USD1 | 599.00 | 100 661.95 | 0.02 |
| USD	DEVON ENERGY CORP NEW COM | 662.00 | 14 491.18 | 0.00 |
| USD	DEXCOM INC COM | 173.00 | 39 324.63 | 0.01 |
| USD	DIGITAL REALTY TRU COM STK USD0.01 | 329.00 | 39 792.55 | 0.01 |
| USD	DISCOVERY INC COM USD0.01 SER A | 24 606.00 | 810 521.64 | 0.16 |
| USD	DISCOVERY INC COM USD0.01 SER C | 833.00 | 25 423.16 | 0.01 |
| USD	DOMINION ENERGY IN COM STK NPV | 1 573.00 | 130 732.03 | 0.03 |
| USD	DROPBOX INC COM USD0.00001 CL A | 300.00 | 5 547.00 | 0.00 |
| USD	DUKE ENERGY CORP COM USD0.001 (POST REV SPLT) | 1 479.00 | 130 403.43 | 0.03 |
| USD	ECOLAB INC COM | 490.00 | 91 468.30 | 0.02 |
| USD	EDWARDS LIFESCIENCES CORP COM | 386.00 | 94 546.84 | 0.02 |
| USD	EOG RESOURCES INC COM USD0.01 | 1 093.00 | 77 493.70 | 0.02 |
| USD	EPAM SYS INC COM USD0.001 | 69.00 | 14 617.65 | 0.00 |
| USD	EQUIFAX INC COM | 244.00 | 34 072.16 | 0.01 |
| USD	EQUITY LIFESTYLE PPTYS INC | 356.00 | 26 372.48 | 0.01 |
| USD	EQUITY RESIDENTIAL SBI USD0.01 | 780.00 | 66 378.00 | 0.01 |
| USD	ERIE INDTY CO CL A | 28.00 | 4 740.40 | 0.00 |
| USD	ESSEX PROP TRUST COM USD0.0001 | 115.00 | 35 900.70 | 0.01 |
| USD	EXACT SCIENCES CORP COM | 288.00 | 23 330.88 | 0.00 |
| USD	EXPEDTRS INTL WASH COM USD0.01 | 7 660.00 | 572 661.60 | 0.11 |
| USD	F M C CORP COM NEW | 214.00 | 20 963.44 | 0.00 |
| USD	F5 NETWORK INC COM STK NPV | 140.00 | 20 399.40 | 0.00 |
| USD	FACTSET RESH SYS INC COM | 51.00 | 13 242.15 | 0.00 |
| USD	FASTENAL COM USD0.01 | 1 044.00 | 37 082.88 | 0.01 |
| USD	FIDELITY NATL FINL FNF GROUP COM USD0.0001 | 576.00 | 27 434.88 | 0.01 |
| USD	FLIR SYS INC COM | 201.00 | 10 765.56 | 0.00 |
| USD	FLOWSERVE CORP COM | 185.00 | 9 009.50 | 0.00 |
| USD	FORTINET INC COM USD0.001 | 306.00 | 32 163.66 | 0.01 |
| USD	FORTIVE CORP COM USD0.01 | 545.00 | 39 332.65 | 0.01 |
| USD	FRANKLIN RES INC COM | 452.00 | 12 425.48 | 0.00 |
| USD	GALLAGHER ARTHUR J & CO COM | 398.00 | 37 121.46 | 0.01 |
| USD	GAP INC DEL COM | 710.00 | 11 793.10 | 0.00 |
| USD	GARTNER INC COM | 177.00 | 28 401.42 | 0.01 |
| USD	GEN DYNAMICS CORP COM USD1 | 473.00 | 85 963.02 | 0.02 |
| USD	GEN ELEC CO COM USD0.06 | 16 838.00 | 189 764.26 | 0.04 |
| USD	GRUBHUB INC COM USD0.0001 | 134.00 | 5 778.08 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | HANESBRANDS INC COM | 5 467.00 | 82 387.69 | 0.02 |
| USD | HARLEY DAVIDSON INC COM | 239.00 | 8 694.82 | 0.00 |
| USD | HEICO CORP NEW CL A | 106.00 | 10 646.64 | 0.00 |
| USD | HEICO CORP NEW COM | 62.00 | 8 053.18 | 0.00 |
| USD | HENRY JACK & ASSOC COM USD0.01 | 145.00 | 22 031.30 | 0.00 |
| USD | HONEYWELL INTL INC COM | 1 418.00 | 253 183.90 | 0.05 |
| USD | HUNT J B TRANS SVCS INC COM | 143.00 | 16 533.66 | 0.00 |
| USD | IAC INTERACTIVECOR COM USD0.001 | 153.00 | 34 073.10 | 0.01 |
| USD | IDEX CORP COM | 142.00 | 23 109.08 | 0.00 |
| USD | IDEXX LABORATORIES COM USD0.10 | 142.00 | 35 724.36 | 0.01 |
| USD | ILLINOIS TOOL WKS COM NPV | 636.00 | 110 873.88 | 0.02 |
| USD | ILLUMINA INC COM USD0.01 | 275.00 | 88 209.00 | 0.02 |
| USD | INCYTE CORPORATION COM USD0.001 | 364.00 | 34 274.24 | 0.01 |
| USD | INTERCONTINENTAL E COM USD0.01 | 1 086.00 | 102 268.62 | 0.02 |
| USD | INTERNATIONAL FLAVORS&FRAGRANC COM | 169.00 | 23 867.87 | 0.00 |
| USD | INTERPUBLIC GROUP COM USD0.10 | 979.00 | 21 929.60 | 0.00 |
| USD | INTUITIVE SURGICAL COM USD0.001 | 219.00 | 129 845.10 | 0.03 |
| USD | INVITATION HOMES I COM USD0.01 | 1 042.00 | 31 812.26 | 0.01 |
| USD | IONIS PHARMACEUTIC COM USD0.001 | 325.00 | 20 787.00 | 0.00 |
| USD | IPG PHOTONICS CORP COM USD0.0001 | 52.00 | 7 388.68 | 0.00 |
| USD | JOHNSON & JOHNSON COM USD1 | 5 478.00 | 753 170.22 | 0.15 |
| USD | JP MORGAN CHASE & COM USD1 | 7 091.00 | 934 310.16 | 0.19 |
| USD | JUNIPER NETWORKS COM USD0.00001 | 15 959.00 | 399 932.54 | 0.08 |
| USD | KRAFT HEINZ CO COM USD0.01 | 1 320.00 | 40 260.00 | 0.01 |
| USD | LAMB WESTON HLDGS COM USD1.00 WI | 313.00 | 26 285.74 | 0.01 |
| USD | LEGGETT & PLATT IN COM USD0.01 | 300.00 | 15 696.00 | 0.00 |
| USD | LEIDOS HLDGS INC COM USD0.0001 | 297.00 | 26 979.48 | 0.01 |
| USD | LENNOX INTL INC COM | 46.00 | 11 769.10 | 0.00 |
| USD | LIBERTY BROADBAND COM USD0.01 CL ‘C’ | 182.00 | 21 747.18 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER A SIRIUSXM | 152.00 | 7 402.40 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C SIRIUSXM | 290.00 | 14 067.90 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C FORMULA | 313.00 | 14 113.17 | 0.00 |
| USD | LIVE NATION INC COM | 243.00 | 16 963.83 | 0.00 |
| USD | LOCKHEED MARTIN CORP COM | 487.00 | 190 431.61 | 0.04 |
| USD | LOEWS CORP COM | 616.00 | 31 354.40 | 0.01 |
| USD | LYONDELLBASELL IND COM USD0.01 | 550.00 | 50 897.00 | 0.01 |
| USD | M & T BANK CORP COM USD0.50 | 249.00 | 41 020.26 | 0.01 |
| USD | MARKEL CORP COM | 22.00 | 24 982.10 | 0.00 |
| USD | MARKETAXESS HLDGS INC COM | 76.00 | 30 690.32 | 0.01 |
| USD | MARSH & MCLENNAN COM USD1 | 948.00 | 102 450.36 | 0.02 |
| USD | MARTIN MARIETTA M. COM USD0.01 | 130.00 | 34 892.00 | 0.01 |
| USD | MAXIM INTEGRATED COM USD0.001 | 557.00 | 31 565.19 | 0.01 |
| USD | METTLER TOLEDO INTERNATIONAL COM | 41.00 | 29 495.81 | 0.01 |
| USD | MONGODB INC COM USD0.001 CL A | 100.00 | 14 870.00 | 0.00 |
| USD | MONSTER BEV CORP USD0.005(NEW) | 778.00 | 46 539.96 | 0.01 |
| USD | MOODYS CORP COM USD0.01 | 332.00 | 75 254.44 | 0.01 |
| USD | MYLAN NV EUR0.01 | 1 089.00 | 20 451.42 | 0.00 |
| USD | NASDAQ INC COM STK USD0.01 | 173.00 | 18 130.40 | 0.00 |
| USD | NEWS CORP NEW COM USD0.01 CL’A’ | 609.00 | 7 843.92 | 0.00 |
| USD | NEXTERA ENERGY INC COM USD0.01 | 921.00 | 215 348.22 | 0.04 |
| USD | NORDSTROM INC COM NPV | 388.00 | 14 809.96 | 0.00 |
| USD | OKTA INC COM USD0.0001 CL A | 200.00 | 25 956.00 | 0.01 |
| USD | PAYCOM SOFTWARE IN COM USD0.01 | 104.00 | 28 788.24 | 0.01 |
| USD | PEOPLE’S UNITED FINANCIAL INC COM STK USD0.01 | 1 106.00 | 18 249.00 | 0.00 |
| USD | PEPSICO INC CAP USD0.016666 | 2 711.00 | 368 235.13 | 0.07 |
| USD | PERKINELMER INC COM USD1 | 226.00 | 20 995.40 | 0.00 |
| USD | PHILIP MORRIS INTL COM STK NPV ‘WI’ | 2 992.00 | 248 126.56 | 0.05 |
| USD | PIONEER NATURAL RE COM STK USD0.01 | 317.00 | 40 525.28 | 0.01 |
| USD | POLARIS INC COM USD0.01 | 77.00 | 7 522.90 | 0.00 |
| USD | PPG INDS INC COM | 502.00 | 64 677.68 | 0.01 |
| USD | PROGRESSIVE CP(OH) COM USD1 | 1 124.00 | 82 108.20 | 0.02 |
| USD | PTC INC COM USD0.01 | 167.00 | 12 792.20 | 0.00 |
| USD | PUBLIC STORAGE COM USD0.10 | 267.00 | 56 251.56 | 0.01 |
| USD | PULTE GROUP INC COM USD0.01 | 18 294.00 | 725 357.10 | 0.14 |
| USD | QORVO INC COM USD 0.0001 | 273.00 | 28 449.33 | 0.01 |
| USD | RALPH LAUREN CORP CLASS ‘A’ COM USD0.01 | 66.00 | 7 084.44 | 0.00 |
| USD | REALTY INCOME CORP | 700.00 | 53 641.00 | 0.01 |
| USD | RESMED INC COM USD0.004 | 309.00 | 46 226.40 | 0.01 |
| USD | ROKU INC COM USD0.0001 CLASS A | 145.00 | 23 253.65 | 0.00 |
| USD | ROLLINS INC COM | 243.00 | 8 711.55 | 0.00 |
| USD | ROPER TECHNOLOGIES COM USD0.01 | 201.00 | 72 434.37 | 0.01 |
| USD | S&P GLOBAL INC COM USD1 | 470.00 | 124 385.50 | 0.02 |
| USD | SABRE CORP COM USD0.01 | 391.00 | 8 770.13 | 0.00 |
| USD | SAREPTA THERA INC COM USD0.0001 | 130.00 | 14 623.70 | 0.00 |
| USD | SEATTLE GENETICS I COM USD0.001 | 240.00 | 28 884.00 | 0.01 |
| USD | SEMPRA ENERGY COM NPV | 532.00 | 78 347.64 | 0.02 |
| USD | SHERWIN-WILLIAMS COM USD1 | 158.00 | 92 134.54 | 0.02 |
| USD | SMITH A O COM | 217.00 | 10 502.80 | 0.00 |
| USD | SNAP INC COM USD0.00001 CL A | 1 642.00 | 25 040.50 | 0.00 |
| USD | SOUTHERN CO COM | 1 985.00 | 123 050.15 | 0.02 |
| USD | SPLUNK INC COM USD0.001 | 291.00 | 43 423.02 | 0.01 |
| USD | SPRINT CORPORATION COM USD0.01 | 1 208.00 | 7 151.36 | 0.00 |
| USD | SS&C TECH HLDGS COM USD0.01 | 358.00 | 21 497.90 | 0.00 |
| USD | STRYKER CORP COM USD0.10 | 653.00 | 133 773.58 | 0.03 |
| USD | SUN COMMUNITIES COM USD0.01 | 171.00 | 28 165.41 | 0.01 |
| USD | SVB FINL GROUP COM | 103.00 | 23 868.19 | 0.00 |
| USD | SYNOPSYS INC COM USD0.01 | 753.00 | 106 203.12 | 0.02 |
| USD | TAKE TWO INTERACTI COM USD0.01 | 5 151.00 | 625 073.85 | 0.12 |
| USD | TARGA RESOURCES CO COM USD0.001 | 364.00 | 13 296.92 | 0.00 |
| USD | TRANSUNION COM USD0.01 | 297.00 | 25 634.07 | 0.01 |
| USD | TRIMBLE INC COM NPV | 396.00 | 16 049.88 | 0.00 |
| USD | TRIPADVISOR INC COM USD0.001 | 164.00 | 4 657.60 | 0.00 |
| USD | TWILIO INC COM USD0.001 CL A | 252.00 | 26 026.56 | 0.01 |
| USD | UDR INC | 574.00 | 27 580.70 | 0.01 |
| USD | UNDER ARMOUR INC COM STK USD0.000333 CL A | 291.00 | 5 496.99 | 0.00 |
| USD | UNDER ARMOUR INC COM STK USD0.0003333 CL C | 326.00 | 5 639.80 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | UNITED PARCEL SERVICE INC CL B | 1 353.00 | 161 994.69 | 0.03 |
| USD | UTD TECHNOLOGIES COM USD1 | 1 582.00 | 234 673.88 | 0.05 |
| USD | VEEVA SYSTEMS INC COM USD0.00001 CL ‘A’ | 239.00 | 35 654.02 | 0.01 |
| USD | VERISIGN INC COM | 192.00 | 36 622.08 | 0.01 |
| USD | VERISK ANALYTICS I CL A USD0.001 | 293.00 | 43 211.64 | 0.01 |
| USD | VERTEX PHARMACEUTI COM USD0.01 | 462.00 | 102 448.50 | 0.02 |
| USD | VMWARE INC COM STK USD0.01 CLASS ‘A’ | 171.00 | 26 611.02 | 0.01 |
| USD | VORNADO REALTY TR COM USD0.04 | 284.00 | 18 337.88 | 0.00 |
| USD | VULCAN MATERIALS COM STK USD1 | 272.00 | 38 588.64 | 0.01 |
| USD | W P CAREY INC COM USD0.001 | 363.00 | 30 281.46 | 0.01 |
| USD | WABTEC CORP COM | 331.00 | 26 006.67 | 0.01 |
| USD | WATERS CORP COM | 143.00 | 31 756.01 | 0.01 |
| USD | WAYFAIR INC COM USD0.001 A | 90.00 | 7 642.80 | 0.00 |
| USD | WEC ENERGY GROUP COM USD0.01 | 586.00 | 51 948.90 | 0.01 |
| USD | WELLCARE HEALTH PL COM USD0.01 | 100.00 | 32 207.00 | 0.01 |
| USD | WESTERN UN CO COM | 10 281.00 | 276 353.28 | 0.06 |
| USD | XCEL ENERGY INC COM | 1 005.00 | 61 797.45 | 0.01 |
| USD | ZAYO GROUP HOLDING COM USD0.001 | 381.00 | 13 045.44 | 0.00 |
| USD | ZEBRA TECHNOLOGIES CORP CL A | 112.00 | 28 105.28 | 0.01 |
| USD | ZILLOW GROUP INC COM USD0.0001 CLASS C WI | 203.00 | 7 947.45 | 0.00 |
| USD | ZOETIS INC COM USD0.01 CL ‘A’ | 910.00 | 109 673.20 | 0.02 |
| Total Vereinigte Staaten |  | 17 857 618.20 | 3.56 |
| Total Inhaberaktien |  | 54 690 532.65 | 10.90 |
| Weitere Aktien |  |  |  |
| Vereinigte Staaten |  |  |  |
| USD	CAMDEN PROP TST SBI USD0.01 | 202.00 | 22 533.10 | 0.00 |
| Total Vereinigte Staaten |  | 22 533.10 | 0.00 |
| Total Weitere Aktien |  | 22 533.10 | 0.00 |
| Vorzugsaktien |  |  |  |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 118.00 | 7 285.98 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 172.00 | 7 434.17 | 0.00 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 6 867.00 | 725 960.62 | 0.15 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 493.00 | 36 517.83 | 0.01 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 101.00 | 21 303.67 | 0.00 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 2 776.00 | 537 112.27 | 0.11 |
| Total Deutschland |  | 1 335 614.54 | 0.27 |
| Total Vorzugsaktien |  | 1 335 614.54 | 0.27 |
| Namensaktien |  |  |  |
| Argentinien |  |  |  |
| USD	MERCADOLIBRE INC COM STK USD0.001 | 78.00 | 45 285.24 | 0.01 |
| Total Argentinien |  | 45 285.24 | 0.01 |
| Australien |  |  |  |
| AUD	BENDIGO & ADELAIDE NPV | 2 357.00 | 15 990.58 | 0.00 |
| AUD	BHP GROUP LTD NPV | 14 602.00 | 377 589.79 | 0.08 |
| GBP	BHP GROUP PLC ORD USD0.50 | 4 414.00 | 97 632.60 | 0.02 |
| AUD	COLES GROUP LTD NPV | 68 287.00 | 751 038.45 | 0.15 |
| Total Australien |  | 1 242 251.42 | 0.25 |
| Belgien |  |  |  |
| EUR	AGEAS NPV | 704.00 | 42 289.03 | 0.01 |
| EUR	KBC GROUP NV NPV | 847.00 | 61 768.29 | 0.01 |
| EUR	TELENET GRP HLDG NPV | 122.00 | 5 509.82 | 0.00 |
| EUR	UCB NPV | 422.00 | 34 227.26 | 0.01 |
| Total Belgien |  | 143 794.40 | 0.03 |
| Bermuda |  |  |  |
| USD	ARCH CAPITAL GROUP COM USD0.01 | 855.00 | 35 884.35 | 0.01 |
| USD	EVEREST RE GROUP COM USD0.01 | 87.00 | 23 599.62 | 0.00 |
| USD	RENAISSANCE RE HLG COM USD1 | 62.00 | 11 676.46 | 0.00 |
| Total Bermuda |  | 71 160.43 | 0.01 |
| Kanada |  |  |  |
| USD	LULULEMON ATHLETIC COM STK USD0.01 | 206.00 | 46 492.14 | 0.01 |
| Total Kanada |  | 46 492.14 | 0.01 |
| Finnland |  |  |  |
| EUR	ELISA CORPORATION EUR0.50 | 511.00 | 27 331.92 | 0.01 |
| EUR	FORTUM OYJ EUR3.40 | 4 223.00 | 99 597.82 | 0.02 |
| EUR	NESTE OIL OYJ NPV | 20 965.00 | 709 199.16 | 0.14 |
| EUR	NOKIA OYJ NPV | 20 005.00 | 70 837.71 | 0.01 |
| EUR	NOKIAN RENKAAT OYJ NPV | 617.00 | 16 708.27 | 0.00 |
| EUR	ORION CORP SER’B’NPV | 502.00 | 21 863.46 | 0.01 |
| EUR	SAMPO OYJ SER’A’NPV | 1 518.00 | 61 426.51 | 0.01 |
| EUR	STORA ENSO OYJ NPV SER’R’ | 1 659.00 | 22 316.40 | 0.01 |
| EUR	UPM-KYMMENE CORP NPV | 1 881.00 | 62 883.40 | 0.01 |
| Total Finnland |  | 1 092 164.65 | 0.22 |
| Frankreich |  |  |  |
| EUR	BOLLORE EUR0.16 (RFD 01/01/2020) | 11.00 | 46.21 | 0.00 |
| EUR	GECINA EUR7.50 | 161.00 | 27 834.92 | 0.01 |
| EUR	MICHELIN (CGDE) EUR2 | 580.00 | 69 642.42 | 0.01 |
| Total Frankreich |  | 97 523.55 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |
| Deutschland |  |  |  |
| EUR	ADIDAS AG NPV (REGD) | 614.00 | 191 420.73 | 0.04 |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 5 607.00 | 1 343 718.17 | 0.27 |
| EUR	AXEL SPRINGER SE NPV (ASD 02/08/19 TRAVIATA) | 249.00 | 17 159.21 | 0.00 |
| EUR	BASF SE NPV | 3 123.00 | 234 910.10 | 0.05 |
| EUR	BAYER AG NPV (REGD) | 3 137.00 | 237 623.42 | 0.05 |
| EUR	BRENNTAG AG | 518.00 | 27 649.22 | 0.00 |
| EUR	DAIMLER AG ORD NPV(REGD) | 3 118.00 | 176 020.83 | 0.03 |
| EUR	DELIVERY HERO SE NPV | 373.00 | 19 740.95 | 0.00 |
| EUR	DEUTSCHE BANK AG NPV(REGD) | 6 050.00 | 43 653.26 | 0.01 |
| EUR	DEUTSCHE BOERSE AG NPV(REGD) | 598.00 | 91 815.16 | 0.02 |
| EUR	DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 859.00 | 16 309.64 | 0.00 |
| EUR	DEUTSCHE POST AG NPV(REGD) | 3 457.00 | 128 987.53 | 0.03 |
| EUR	DEUTSCHE TELEKOM NPV(REGD) | 11 276.00 | 189 427.94 | 0.04 |
| EUR	E.ON SE NPV | 7 912.00 | 82 858.38 | 0.02 |
| EUR	EVONIK INDUSTRIES NPV | 735.00 | 21 346.23 | 0.00 |
| EUR	HANNOVER RUECKVERS ORD NPV(REGD) | 183.00 | 33 999.22 | 0.01 |
| EUR	INFINEON TECHNOLOG AG NPV (REGD) | 4 133.00 | 88 352.00 | 0.02 |
| EUR	MTU AERO ENGINES H NPV (REGD) | 185.00 | 50 158.93 | 0.01 |
| EUR	MUENCHENER RUECKVE NPV(REGD) | 478.00 | 137 347.35 | 0.03 |
| EUR	SIEMENS AG NPV(REGD) | 2 579.00 | 333 043.06 | 0.07 |
| EUR	SIEMENS HEALTHINEE NPV | 2 129.00 | 103 334.11 | 0.02 |
| EUR	TELEFONICA DEUTSCH NPV | 84 317.00 | 257 614.12 | 0.05 |
| GBP	TUI AG NPV (REGD) | 1 219.00 | 16 769.02 | 0.00 |
| EUR	UNIPER SE NPV | 5 418.00 | 175 034.88 | 0.03 |
| EUR	UNITED INTERNET AG NPV(REGD) | 501.00 | 16 986.38 | 0.00 |
| EUR	VONOVIA SE NPV | 1 739.00 | 90 674.86 | 0.02 |
| Total Deutschland |  | 4 125 954.70 | 0.82 |
| Irland |  |  |  |  |
| USD | ACCENTURE PLC SHS CL A ‘NEW’ | 2 768.00 | 556 810.88 | 0.11 |
| USD | ALLEGION PLC CIM USD0.01 | 191.00 | 22 925.73 | 0.01 |
| USD | APTIV PLC COM USD0.01 | 489.00 | 45 907.32 | 0.01 |
| EUR | CRH ORD EUR0.32 | 2 297.00 | 87 959.71 | 0.02 |
| USD | EATON CORP PLC COM USD0.01 | 802.00 | 74 185.00 | 0.02 |
| GBP | EXPERIAN ORD USD0.10 | 1 767.00 | 58 580.30 | 0.01 |
| USD | JAZZ PHARMA PLC COM USD0.0001 | 2 061.00 | 311 458.32 | 0.06 |
| EUR | KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 327.00 | 17 638.12 | 0.00 |
| USD | PENTAIR PLC COM USD0.01 | 381.00 | 16 897.35 | 0.00 |
| USD | PERRIGO CO LTD COM EUR0.001 | 333.00 | 17 059.59 | 0.00 |
| EUR | SMURFIT KAPPA GRP ORD EUR0.001 | 523.00 | 18 568.45 | 0.00 |
| USD | STERIS PLC ORD USD0.001 | 156.00 | 23 577.84 | 0.01 |
| Total Irland |  | 1 251 568.61 | 0.25 |
| Isle of Man |  |  |  |
| GBP	GVC HLDGS PLC ORD EUR0.01 | 923.00 | 10 167.26 | 0.00 |
| Total Isle of Man |  | 10 167.26 | 0.00 |
| Italien |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 1 711.00 | 37 957.36 | 0.01 |
| EUR	DAVIDE DE CAMPARI EUR0.05 (POST SUBD) | 1 650.00 | 15 072.82 | 0.00 |
| EUR	ENEL EUR1 | 26 144.00 | 197 633.62 | 0.04 |
| EUR	ENI SPA EUR1 | 46 242.00 | 699 227.89 | 0.14 |
| EUR	FERRARI NV EUR0.01(NEW) | 410.00 | 69 346.92 | 0.01 |
| EUR	INTESA SANPAOLO NPV | 52 675.00 | 133 611.79 | 0.03 |
| EUR	MEDIOBANCA SPA EUR0.5 | 1 784.00 | 19 965.44 | 0.00 |
| EUR	MONCLER SPA NPV | 654.00 | 28 678.16 | 0.01 |
| EUR	PIRELLI & C SPA NPV | 1 172.00 | 6 655.07 | 0.00 |
| EUR	PRYSMIAN SPA EUR0.10 | 841.00 | 19 185.56 | 0.00 |
| EUR	RECORDATI EUR0.125 | 362.00 | 15 195.31 | 0.00 |
| EUR	SNAM EUR1 | 6 317.00 | 31 426.64 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 4 262.00 | 27 396.81 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 54 075.00 | 748 985.32 | 0.15 |
| Total Italien |  | 2 050 338.71 | 0.41 |
| Japan |  |  |  |
| JPY	AEON CO LTD NPV | 1 500.00 | 30 586.25 | 0.01 |
| JPY	AGC INC NPV | 200.00 | 7 296.14 | 0.00 |
| JPY	AJINOMOTO CO INC NPV | 1 000.00 | 16 656.01 | 0.00 |
| JPY	ALFRESA HOLDINGS NPV | 800.00 | 16 517.21 | 0.00 |
| JPY	ALPS ALPINE CO LTD NPV | 400.00 | 9 025.66 | 0.00 |
| JPY	ANA HOLDINGS INC NPV | 500.00 | 17 016.71 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 17 900.00 | 860 756.09 | 0.17 |
| JPY	ASAHI KASEI CORP NPV | 2 900.00 | 32 559.13 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 10 300.00 | 175 648.34 | 0.03 |
| JPY	BRIDGESTONE CORP NPV | 1 300.00 | 51 935.89 | 0.01 |
| JPY	BROTHER INDUSTRIES NPV | 900.00 | 17 833.99 | 0.00 |
| JPY	CANON INC NPV | 2 100.00 | 58 104.28 | 0.01 |
| JPY	CASIO COMPUTER CO NPV | 500.00 | 9 528.81 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 1 200.00 | 16 721.76 | 0.00 |
| JPY	CHUGOKU ELEC POWER NPV | 800.00 | 10 570.72 | 0.00 |
| JPY	DAI NIPPON PRINTNG NPV | 900.00 | 24 055.34 | 0.01 |
| JPY	DAIWA SECS GROUP NPV | 4 100.00 | 20 778.92 | 0.00 |
| JPY	DENSO CORP NPV | 1 000.00 | 44 635.19 | 0.01 |
| JPY	EAST JAPAN RAILWAY NPV | 600.00 | 55 173.04 | 0.01 |
| JPY	ELEC POWER DEV NPV | 400.00 | 9 588.17 | 0.00 |
| JPY	FAMILYMART CO LTD NPV | 700.00 | 16 517.22 | 0.00 |
| JPY	FUJI FILM HLD CORP NPV | 3 000.00 | 141 685.69 | 0.03 |
| JPY	FUJITSU NPV | 400.00 | 36 347.37 | 0.01 |
| JPY	HAMAMATSU PHOTONIC NPV | 400.00 | 16 199.43 | 0.00 |
| JPY	HITACHI NPV | 2 100.00 | 82 458.22 | 0.02 |
| JPY	HONDA MOTOR CO NPV | 3 500.00 | 98 023.01 | 0.02 |
| JPY	HOYA CORP NPV | 2 600.00 | 237 183.82 | 0.05 |
| JPY	INPEX CORPORATION NPV | 2 000.00 | 19 523.33 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | ITOCHU CORP NPV | 42 600.00 | 928 945.30 | 0.19 |
| JPY | JAPAN AIRLINES CO NPV | 400.00 | 12 426.26 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 2 200.00 | 20 672.08 | 0.00 |
| JPY | JAPAN RETAIL FUND INVESTMENT CORP | 9.00 | 20 488.54 | 0.00 |
| JPY | JAPAN TOBACCO INC NPV | 2 600.00 | 59 224.73 | 0.01 |
| JPY | JFE HOLDINGS INC NPV | 8 000.00 | 101 908.50 | 0.02 |
| JPY | JXTG HOLDINGS INC NPV | 7 000.00 | 31 104.01 | 0.01 |
| JPY | KDDI CORP NPV | 29 600.00 | 848 455.84 | 0.17 |
| JPY | KEYENCE CORP NPV | 400.00 | 136 754.63 | 0.03 |
| JPY | KONAMI HOLDINGS CORP NPV | 200.00 | 8 802.85 | 0.00 |
| JPY | KUBOTA CORP NPV | 2 300.00 | 35 462.97 | 0.01 |
| JPY | KYOCERA CORP NPV | 700.00 | 47 602.05 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 400.00 | 8 485.07 | 0.00 |
| JPY | LAWSON INC NPV | 8 900.00 | 484 375.85 | 0.10 |
| JPY | LIXIL GROUP CORP COM NPV | 1 000.00 | 16 893.43 | 0.00 |
| JPY | MARUBENI CORP NPV | 80 000.00 | 590 411.83 | 0.12 |
| JPY | MAZDA MOTOR CORP NPV | 2 000.00 | 17 715.28 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 8 800.00 | 188 680.48 | 0.04 |
| JPY | MERCARI INC NPV | 200.00 | 4 408.73 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 2 500.00 | 18 530.27 | 0.00 |
| JPY | MITSUBISHI CORP NPV | 2 900.00 | 75 896.26 | 0.02 |
| JPY | MITSUBISHI ELEC CP NPV | 3 900.00 | 53 829.33 | 0.01 |
| JPY | MITSUBISHI ESTATE NPV | 2 500.00 | 45 806.32 | 0.01 |
| JPY | MITSUBISHI HVY IND NPV | 15 800.00 | 604 240.70 | 0.12 |
| JPY | MITSUBISHI MATERLS NPV | 600.00 | 16 020.45 | 0.00 |
| JPY | MITSUBISHI TANABE PHARMA CORP NPV | 15 800.00 | 288 990.96 | 0.06 |
| JPY | MITSUBISHI UFJ FIN NPV | 26 000.00 | 137 253.22 | 0.03 |
| JPY | MITSUI & CO NPV | 3 500.00 | 61 987.49 | 0.01 |
| JPY | MITSUI O.S.K.LINES NPV | 400.00 | 10 483.06 | 0.00 |
| JPY | MIZUHO FINL GP NPV | 49 400.00 | 76 326.18 | 0.02 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 1 100.00 | 35 568.44 | 0.01 |
| JPY | MURATA MFG CO NPV | 1 200.00 | 69 516.94 | 0.01 |
| JPY | NEC CORP NPV | 600.00 | 23 970.41 | 0.01 |
| JPY | NEXON CO LTD NPV | 1 100.00 | 14 996.80 | 0.00 |
| JPY | NGK INSULATORS NPV | 800.00 | 13 186.01 | 0.00 |
| JPY | NGK SPARK PLUG CO NPV | 500.00 | 10 003.65 | 0.00 |
| JPY | NIKON CORP NPV | 800.00 | 10 965.21 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 200.00 | 77 344.53 | 0.02 |
| JPY | NIPPON PROLOGIS RE REIT | 8.00 | 21 455.57 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 19 800.00 | 999 311.47 | 0.20 |
| JPY | NIPPON YUSEN KK NPV | 600.00 | 10 294.95 | 0.00 |
| JPY | NISSAN MOTOR CO NPV | 5 500.00 | 34 091.86 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 7 100.00 | 36 352.57 | 0.01 |
| JPY | NOMURA REAL EST MA REIT | 11.00 | 20 069.40 | 0.00 |
| JPY | NOMURA RESEARCH IN NPV | 1 000.00 | 21 084.83 | 0.01 |
| JPY | NTT DATA CORP NPV | 1 400.00 | 19 074.06 | 0.00 |
| JPY | NTT DOCOMO NPV | 36 900.00 | 1 011 877.45 | 0.20 |
| JPY | OMRON CORP NPV | 400.00 | 23 486.44 | 0.01 |
| JPY | ORIX CORP NPV | 1 600.00 | 26 189.39 | 0.01 |
| JPY | ORIX JREIT INC REIT | 9.00 | 19 781.75 | 0.00 |
| JPY | OSAKA GAS CO NPV | 1 000.00 | 18 738.01 | 0.00 |
| JPY | OTSUKA CORP NPV | 200.00 | 8 008.40 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 700.00 | 30 515.93 | 0.01 |
| JPY | PANASONIC CORP NPV | 4 900.00 | 46 176.60 | 0.01 |
| JPY | PARK 24 CO LTD NPV | 400.00 | 9 661.22 | 0.00 |
| JPY | RENESAS ELECTRONIC NPV | 1 100.00 | 7 161.90 | 0.00 |
| JPY | RESONA HOLDINGS NPV | 4 300.00 | 18 223.27 | 0.00 |
| JPY | RICOH CO NPV | 700.00 | 7 203.91 | 0.00 |
| JPY | ROHM CO LTD NPV | 200.00 | 16 802.12 | 0.00 |
| JPY | SANTEN PHARM CO NPV | 1 000.00 | 18 719.75 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 1 200.00 | 20 874.81 | 0.01 |
| JPY | SEVEN & I HOLDINGS NPV | 1 600.00 | 59 581.77 | 0.01 |
| JPY | SG HOLDINGS CO LTD NPV | 300.00 | 7 193.86 | 0.00 |
| JPY | SHIMADZU CORP NPV | 800.00 | 24 070.86 | 0.01 |
| JPY | SOFTBANK CORP NPV | 3 500.00 | 47 493.38 | 0.01 |
| JPY | SOFTBANK GROUP CO NPV | 3 300.00 | 128 160.90 | 0.03 |
| JPY | SOHGO SECURITY SER NPV | 200.00 | 10 391.74 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 800.00 | 31 529.54 | 0.01 |
| JPY | SONY CORP NPV | 8 300.00 | 523 269.10 | 0.11 |
| JPY | SUBARU CORPORATION NPV | 1 400.00 | 36 645.97 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 500.00 | 7 720.76 | 0.00 |
| JPY | SUMITOMO CORP NPV | 2 500.00 | 37 644.96 | 0.01 |
| JPY | SUMITOMO ELECTRIC NPV | 1 500.00 | 22 381.52 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 2 800.00 | 101 992.51 | 0.02 |
| JPY | SUMITOMO MITSUI TR NPV | 900.00 | 34 410.56 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 600.00 | 20 896.72 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 3 200.00 | 130 179.89 | 0.03 |
| JPY | TDK CORP NPV | 200.00 | 21 020.91 | 0.00 |
| JPY | TOKIO MARINE HLDG NPV | 1 400.00 | 76 091.68 | 0.02 |
| JPY | TOKYO ELEC POWER H NPV | 1 300.00 | 5 698.11 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 300.00 | 61 912.15 | 0.01 |
| JPY | TOKYU FUDOSAN HLDG NPV | 1 500.00 | 10 286.73 | 0.00 |
| JPY | TOPPAN PRINTING CO NPV | 600.00 | 11 927.68 | 0.00 |
| JPY | TOSHIBA CORP NPV | 1 000.00 | 35 887.13 | 0.01 |
| JPY | TOYOTA MOTOR CORP NPV | 4 800.00 | 334 785.86 | 0.07 |
| JPY | TREND MICRO INC NPV | 300.00 | 16 190.30 | 0.00 |
| JPY | UNICHARM CORP NPV | 900.00 | 29 463.06 | 0.01 |
| JPY | UNITED URBAN INVESTMENT CORP | 10.00 | 19 450.28 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 300.00 | 26 400.33 | 0.01 |
| JPY | YAMAHA MOTOR CO NPV | 400.00 | 8 353.57 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 500.00 | 18 354.49 | 0.00 |
| JPY | YOKOGAWA ELECTRIC NPV | 900.00 | 16 461.51 | 0.00 |
| JPY | YOKOHAMA RUBBER CO NPV | 500.00 | 10 295.86 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 2 400.00 | 8 262.26 | 0.00 |
| Total Japan | 11 720 222.01 | 2.34 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |
| Luxemburg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 2 622.00 | 44 891.72 | 0.01 |
| EUR	TENARIS S.A. USD1 | 1 490.00 | 15 857.02 | 0.00 |
| Total Luxemburg |  | 60 748.74 | 0.01 |
| Niederlande |  |  |  |
| EUR	ADYEN NV EUR0.01 | 33.00 | 25 331.79 | 0.00 |
| EUR	AEGON NV EUR0.12 | 5 706.00 | 25 744.55 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 1 438.00 | 391 628.08 | 0.08 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 3 191.00 | 34 226.96 | 0.01 |
| EUR	FIAT CHRYSLER AUTO EUR0.01 | 3 419.00 | 50 590.57 | 0.01 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 601.00 | 77 067.66 | 0.02 |
| EUR	NN GROUP N.V. EUR0.12 | 1 072.00 | 41 180.43 | 0.01 |
| EUR	PROSUS N.V. EUR0.05 | 1 547.00 | 105 533.03 | 0.02 |
| GBP	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 9 586.00 | 274 152.75 | 0.05 |
| Total Niederlande |  | 1 025 455.82 | 0.21 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 51 358.00 | 207 822.30 | 0.04 |
| EUR	GALP ENERGIA EUR1-B | 1 748.00 | 28 476.52 | 0.01 |
| EUR	JERONIMO MARTINS EUR5 | 1 127.00 | 18 011.93 | 0.00 |
| Total Portugal |  | 254 310.75 | 0.05 |
| Südafrika |  |  |  |
| GBP	MONDI ORD EUR0.20 | 912.00 | 19 765.40 | 0.00 |
| Total Südafrika |  | 19 765.40 | 0.00 |
| Spanien |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 77 313.00 | 301 512.67 | 0.06 |
| EUR	BANKINTER SA EUR0.3(REGD) | 2 696.00 | 18 870.13 | 0.01 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 56 605.00 | 298 426.20 | 0.06 |
| EUR	MAPFRE SA EUR0.10 | 6 475.00 | 18 269.56 | 0.00 |
| Total Spanien |  | 637 078.56 | 0.13 |
| Schweden |  |  |  |
| USD	AUTOLIV INC COM | 216.00 | 17 651.52 | 0.00 |
| Total Schweden |  | 17 651.52 | 0.00 |
| Schweiz |  |  |  |
| USD	CHUBB LIMITED ORD CHF24.15 | 893.00 | 135 271.64 | 0.03 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 524.00 | 17 480.31 | 0.00 |
| USD	GARMIN LTD COM CHF10.00 | 3 553.00 | 347 092.57 | 0.07 |
| USD	TE CONNECTIVITY LT COM CHF0.57 | 694.00 | 64 340.74 | 0.01 |
| Total Schweiz |  | 564 185.26 | 0.11 |
| Vereinigte Arabische Emirate |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 225.00 | 7 302.13 | 0.00 |
| Total Vereinigte Arabische Emirate |  | 7 302.13 | 0.00 |
| Grossbritannien |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 259.00 | 7 169.35 | 0.00 |
| USD	AMCOR PLC ORD USD0.01 | 2 600.00 | 26 676.00 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 1 983.00 | 51 979.94 | 0.01 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 1 773.00 | 19 906.50 | 0.00 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 845.00 | 25 685.68 | 0.01 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 856.00 | 28 444.89 | 0.01 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 2 829.00 | 20 565.33 | 0.00 |
| GBP	BARCLAYS ORD GBP0.25 | 88 268.00 | 195 855.21 | 0.04 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 2 236.00 | 132 639.32 | 0.03 |
| GBP	BP ORD USD0.25 | 44 801.00 | 278 276.35 | 0.06 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 981.00 | 26 698.15 | 0.01 |
| USD	CAPRI HOLDINGS LTD COM NPV | 424.00 | 15 747.36 | 0.00 |
| GBP	CARNIVAL PLC ORD USD1.66 | 376.00 | 15 821.16 | 0.00 |
| GBP	CENTRICA ORD GBP0.061728395 | 7 338.00 | 7 614.24 | 0.00 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 8 612.00 | 211 040.14 | 0.04 |
| GBP	CRODA INTL ORD GBP0.10609756 | 243.00 | 15 653.16 | 0.00 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 5 214.00 | 213 457.38 | 0.04 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 2 305.00 | 9 105.55 | 0.00 |
| GBP	EASYJET ORD GBP0.27285714 | 466.00 | 8 065.08 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 495.00 | 43 039.79 | 0.01 |
| GBP	G4S ORD GBP0.25 | 2 897.00 | 7 835.54 | 0.00 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 10 595.00 | 240 379.25 | 0.05 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 763.00 | 18 307.75 | 0.00 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 44 912.00 | 334 793.84 | 0.07 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 15 672.00 | 345 268.13 | 0.07 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 327.00 | 21 178.33 | 0.01 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 267.00 | 19 050.31 | 0.00 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 11 771.00 | 42 769.24 | 0.01 |
| USD	LIBERTY GLOBAL INC USD0.01 C | 798.00 | 17 157.00 | 0.00 |
| USD	LINDE PLC COM EUR0.001 | 1 053.00 | 217 139.13 | 0.04 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 628.00 | 55 822.49 | 0.01 |
| GBP	M&G PLC ORD GBP0.05 | 4 765.00 | 14 545.92 | 0.00 |
| GBP	MICRO FOCUS INTL ORD GBP0.10 | 880.00 | 12 894.44 | 0.00 |
| GBP	MORRISON(W)SUPRMKT ORD GBP0.10 | 30 727.00 | 78 815.08 | 0.02 |
| GBP	NEXT ORD GBP0.10 | 277.00 | 24 213.88 | 0.01 |
| GBP	PEARSON ORD GBP0.25 | 1 780.00 | 14 887.51 | 0.00 |
| GBP	PERSIMMON ORD GBP0.10 | 4 402.00 | 145 652.19 | 0.03 |
| GBP	PRUDENTIAL ORD GBP0.05 | 5 384.00 | 95 862.27 | 0.02 |
| GBP	RIO TINTO ORD GBP0.10 | 2 502.00 | 135 974.70 | 0.03 |
| GBP	ROYAL BK SCOT GRP ORD GBP1 (POST CONS) | 10 058.00 | 29 428.68 | 0.01 |
| GBP	RSA INSURANCE GRP ORD GBP1.00 | 2 174.00 | 15 505.75 | 0.00 |
| GBP	SAINSBURY(J) ORD GBP0.28571428 | 120 440.00 | 333 856.13 | 0.07 |
| GBP	SCHRODERS VTG SHS GBP1 | 291.00 | 12 417.72 | 0.00 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 5 150.00 | 115 311.00 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| GBP | STANDARD CHARTERED ORD USD0.50 | 6 757.00 | 60 954.01 | 0.01 |
| GBP | STD LIFE ABERDEEN ORD GBP0.1396825396 | 5 146.00 | 21 093.97 | 0.01 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 6 153.00 | 13 868.39 | 0.00 |
| USD | TECHNIPFMC PLC COM USD1 | 34 662.00 | 653 032.08 | 0.13 |
| GBP | TESCO ORD GBP0.05 | 19 990.00 | 59 316.11 | 0.01 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 15 259.00 | 903 583.51 | 0.18 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 105 983.00 | 210 239.71 | 0.04 |
| Total Grossbritannien |  | 5 624 594.64 | 1.12 |
| Vereinigte Staaten |  |  |  |
| USD	ABBOTT LABS COM | 3 412.00 | 291 555.40 | 0.06 |
| USD	ABBVIE INC COM USD0.01 | 4 521.00 | 396 627.33 | 0.08 |
| USD	ABIOMED INC COM | 64.00 | 12 555.52 | 0.00 |
| USD	ACTIVISION BLIZZAR COM STK USD0.000001 | 1 470.00 | 80 600.10 | 0.02 |
| USD	ACUITY BRANDS INC COM STK USD0.01 | 50.00 | 6 539.00 | 0.00 |
| USD	ADOBE INC COM USD0.0001 | 943.00 | 291 886.79 | 0.06 |
| USD	ADVANCE AUTO PARTS COM USD0.0001 | 156.00 | 24 504.48 | 0.00 |
| USD	ADVANCED MICRO DEV COM USD0.01 | 1 959.00 | 76 694.85 | 0.02 |
| USD	AES CORP COM | 8 871.00 | 167 750.61 | 0.03 |
| USD	AGILENT TECHNOLOGIES INC COM | 551.00 | 44 504.27 | 0.01 |
| USD	AGNC INV CORP COM USD0.01 | 40 145.00 | 695 311.40 | 0.14 |
| USD	AIR PRODS & CHEMS COM USD1 | 417.00 | 98 549.61 | 0.02 |
| USD	ALEXANDRIA REAL ESTATE EQ INC COM | 222.00 | 36 079.44 | 0.01 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 2 582.00 | 294 193.08 | 0.06 |
| USD	ALLERGAN PLC COM USD0.0001 | 609.00 | 112 628.46 | 0.02 |
| USD	ALLSTATE CORP COM | 1 735.00 | 193 192.25 | 0.04 |
| USD	ALLY FINANCIAL INC COM USD0.01 | 6 222.00 | 198 108.48 | 0.04 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 907.00 | 1 182 809.63 | 0.24 |
| USD	ALTRIA GROUP INC COM USD0.333333 | 3 621.00 | 179 963.70 | 0.04 |
| USD	AMAZON COM INC COM USD0.01 | 1 229.00 | 2 213 183.20 | 0.44 |
| USD	AMER EXPRESS CO COM USD0.20 | 1 393.00 | 167 327.16 | 0.03 |
| USD	AMER FINL GP OHIO COM NPV | 800.00 | 87 768.00 | 0.02 |
| USD	AMER INTL GRP COM USD2.50 | 1 794.00 | 94 472.04 | 0.02 |
| USD	AMER TOWER CORP COM NEW USD0.01 | 851.00 | 182 139.53 | 0.04 |
| USD	AMEREN CORP COM | 442.00 | 32 853.86 | 0.01 |
| USD	AMERIPRISE FINL INC COM | 4 969.00 | 814 270.03 | 0.16 |
| USD	AMERISOURCEBERGEN COM STK USD0.01 | 2 221.00 | 195 248.11 | 0.04 |
| USD	AMETEK INC COM USD0.01 | 421.00 | 41 683.21 | 0.01 |
| USD	AMGEN INC COM USD0.0001 | 5 379.00 | 1 262 558.88 | 0.25 |
| USD	AMPHENOL CORP NEW CL A | 560.00 | 58 240.00 | 0.01 |
| USD	ANALOG DEVICES INC COM | 733.00 | 82 792.35 | 0.02 |
| USD	ANNALY CAPITAL MAN COM USD0.01 | 2 883.00 | 26 898.39 | 0.01 |
| USD	ANTHEM INC COM USD0.01 | 492.00 | 142 020.72 | 0.03 |
| USD	APACHE CORP COM USD0.625 | 904.00 | 20 141.12 | 0.00 |
| USD	APPLE INC COM NPV | 18 007.00 | 4 812 370.75 | 0.96 |
| USD	APPLIED MATLS INC COM | 1 830.00 | 105 957.00 | 0.02 |
| USD	ARAMARK COM USD0.01 | 369.00 | 16 103.16 | 0.00 |
| USD	ARCHER DANIELS MIDLAND CO COM | 8 224.00 | 353 056.32 | 0.07 |
| USD	ARCONIC INC COM USD1.00 | 669.00 | 20 712.24 | 0.00 |
| USD	ASSURANT INC COM | 96.00 | 12 755.52 | 0.00 |
| USD	AT&T INC COM USD1 | 13 998.00 | 523 245.24 | 0.10 |
| USD	ATHENE HOLDING LTD COM USD0.001 CL A | 10 318.00 | 464 516.36 | 0.09 |
| USD	ATMOS ENERGY CORP COM | 237.00 | 25 349.52 | 0.01 |
| USD	AUTO DATA PROCESS COM USD0.10 | 762.00 | 130 134.36 | 0.03 |
| USD	AUTODESK INC COM USD0.01 | 436.00 | 78 872.40 | 0.02 |
| USD	AUTOZONE INC COM USD0.01 | 49.00 | 57 718.08 | 0.01 |
| USD	AVALONBAY COMMUNI COM USD0.01 | 266.00 | 57 033.06 | 0.01 |
| USD	AVERY DENNISON CORP COM | 202.00 | 26 334.74 | 0.01 |
| USD	AXA EQUITABLE HLD COM USD0.01 | 828.00 | 20 484.72 | 0.00 |
| USD	AXALTA COATING SYS COM USD1.00 | 367.00 | 10 448.49 | 0.00 |
| USD	BALL CORP COM NPV | 630.00 | 41 617.80 | 0.01 |
| USD	BAXTER INTL INC COM USD1 | 892.00 | 73 117.24 | 0.01 |
| USD	BB&T CORP COM USD5 | 1 482.00 | 81 095.04 | 0.02 |
| USD	BECTON DICKINSON COM USD1 | 521.00 | 134 678.50 | 0.03 |
| USD	BEST BUY CO INC COM USD0.10 | 4 982.00 | 401 748.48 | 0.08 |
| USD	BIOGEN INC COM STK USD0.0005 | 3 098.00 | 928 811.38 | 0.19 |
| USD	BK OF AMERICA CORP COM USD0.01 | 17 355.00 | 578 268.60 | 0.12 |
| USD	BK OF NY MELLON CP COM STK USD0.01 | 1 658.00 | 81 192.26 | 0.02 |
| USD	BOEING CO COM USD5 | 1 025.00 | 375 334.50 | 0.07 |
| USD	BOOKING HLDGS INC COM USD0.008 | 415.00 | 790 172.45 | 0.16 |
| USD	BORG WARNER INC COM | 349.00 | 14 675.45 | 0.00 |
| USD	BRISTOL-MYRS SQUIB COM STK USD0.10 | 26 428.00 | 1 504 810.32 | 0.30 |
| USD	BROADCOM CORP COM USD1.00 | 761.00 | 240 635.81 | 0.05 |
| USD	BUNGE LIMITED COM USD0.01 | 213.00 | 11 369.94 | 0.00 |
| USD	BURLINGTON STORES COM USD0.0001 | 95.00 | 21 375.00 | 0.00 |
| USD	CAPITAL ONE FINL COM USD0.01 | 8 914.00 | 891 489.14 | 0.18 |
| USD	CARDINAL HEALTH INC COM | 617.00 | 33 953.51 | 0.01 |
| USD	CARMAX INC COM USD0.50 | 342.00 | 33 262.92 | 0.01 |
| USD	CARNIVAL CORP COM USD0.01(PAIRED STOCK) | 6 744.00 | 304 019.52 | 0.06 |
| USD	CATERPILLAR INC DEL COM | 6 778.00 | 980 979.94 | 0.20 |
| USD	CBOE GLOBAL MARKET COM USD0.01 | 222.00 | 26 395.80 | 0.01 |
| USD	CBRE GROUP INC CLASS ‘A’ USD0.01 | 12 871.00 | 733 904.42 | 0.15 |
| USD	CBS CORP NEW CL B | 719.00 | 29 033.22 | 0.01 |
| USD	CELANESE CORP COM SERIES ‘A’ USD0.0001 | 2 965.00 | 372 315.05 | 0.07 |
| USD	CENTENE CORP DEL COM | 2 207.00 | 133 457.29 | 0.03 |
| USD	CENTERPOINT ENERGY INC COM | 1 027.00 | 25 223.12 | 0.00 |
| USD	CENTURYLINK INC COM | 48 561.00 | 703 648.89 | 0.14 |
| USD	CF INDS HLDGS INC COM | 530.00 | 24 491.30 | 0.00 |
| USD	CH ROBINSON WORLDW COM USD0.1 | 7 592.00 | 583 445.20 | 0.12 |
| USD	CHARTER COMMUN INC COM USD0.001 CLASS ‘A’ | 299.00 | 140 532.99 | 0.03 |
| USD	CHEVRON CORP COM USD0.75 | 3 633.00 | 425 533.29 | 0.08 |
| USD	CHIPOTLE MEXICAN GRILL INC CL A | 49.00 | 39 882.08 | 0.01 |
| USD	CHURCH & DWIGHT INC COM | 4 813.00 | 338 065.12 | 0.07 |
| USD	CIGNA CORP COM USD0.25 | 721.00 | 144 142.32 | 0.03 |
| USD	CISCO SYSTEMS COM USD0.001 | 31 045.00 | 1 406 648.95 | 0.28 |
| USD	CITIGROUP INC COM USD0.01 | 4 447.00 | 334 058.64 | 0.07 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | CITIZENS FINL GP COM USD0.01 | 898.00 | 34 537.08 | 0.01 |
| USD | CITRIX SYSTEMS INC COM USD0.001 | 6 462.00 | 728 978.22 | 0.15 |
| USD | COGNIZANT TECHNOLO COM CL’A’USD0.01 | 1 003.00 | 64 302.33 | 0.01 |
| USD | COMCAST CORP COM CLS’A’ USD0.01 | 8 751.00 | 386 356.65 | 0.08 |
| USD | COMERICA INC COM | 8 708.00 | 613 130.28 | 0.12 |
| USD | CONAGRA BRANDS IN COM USD5 | 775.00 | 22 374.25 | 0.00 |
| USD | CONCHO RES INC COM USD0.001 | 429.00 | 31 128.24 | 0.01 |
| USD | CONOCOPHILLIPS COM USD0.01 | 2 173.00 | 130 249.62 | 0.03 |
| USD | CONSOLIDATED EDISON INC COM | 583.00 | 50 656.87 | 0.01 |
| USD | CONTINENTAL RES IN COM STK USD0.01 | 197.00 | 6 083.36 | 0.00 |
| USD | COOPER COS INC COM USD0.10 | 86.00 | 26 925.74 | 0.01 |
| USD | CORNING INC COM USD0.50 | 1 475.00 | 42 834.00 | 0.01 |
| USD | CORTEVA INC COM USD0.01 | 1 468.00 | 38 197.36 | 0.01 |
| USD | COSTCO WHSL CORP NEW COM | 842.00 | 252 440.02 | 0.05 |
| USD | CROWN CASTLE INTL COM USD0.01 | 829.00 | 110 804.14 | 0.02 |
| USD | CROWN HOLDINGS INC COM USD5 | 221.00 | 16 773.90 | 0.00 |
| USD | CUMMINS INC COM | 4 492.00 | 821 407.12 | 0.16 |
| USD | CVS HEALTH CORP COM STK USD0.01 | 2 492.00 | 187 572.84 | 0.04 |
| USD | D R HORTON INC COM | 1 918.00 | 106 161.30 | 0.02 |
| USD | DANAHER CORP COM USD0.01 | 1 193.00 | 174 154.14 | 0.03 |
| USD | DARDEN RESTAURANTS INC COM | 257.00 | 30 439.08 | 0.01 |
| USD | DAVITA INC COM USD0.001 | 186.00 | 13 349.22 | 0.00 |
| USD | DELL TECHNOLOGIES COM USD0.01 CL C | 341.00 | 16 535.09 | 0.00 |
| USD | DELTA AIRLINES INC COM USD0.0001 | 12 442.00 | 713 051.02 | 0.14 |
| USD | DENTSPLY SIRONA IN COM NPV | 463.00 | 26 178.02 | 0.01 |
| USD | DIAMONDBACK ENERGY COM USD0.01 | 324.00 | 25 058.16 | 0.00 |
| USD | DISCOVER FINL SVCS COM STK USD0.01 | 9 311.00 | 790 224.57 | 0.16 |
| USD | DISH NETWORK CORPO CLASS’A’COM USD0.01 | 580.00 | 19 818.60 | 0.00 |
| USD | DOCUSIGN INC COM USD0.0001 | 200.00 | 14 242.00 | 0.00 |
| USD | DOLLAR GENERAL CP COM USD0.875 | 494.00 | 77 735.84 | 0.02 |
| USD | DOLLAR TREE INC | 426.00 | 38 961.96 | 0.01 |
| USD | DOMINOS PIZZA INC COM USD0.01 | 83.00 | 24 426.90 | 0.00 |
| USD | DOVER CORP COM | 294.00 | 32 775.12 | 0.01 |
| USD | DOW INC COM USD0.01 | 1 492.00 | 79 628.04 | 0.02 |
| USD | DTE ENERGY CO COM | 321.00 | 40 105.74 | 0.01 |
| USD | DUPONT DE NEMOURS COM USD0.01 | 1 421.00 | 92 095.01 | 0.02 |
| USD | DXC TECHNOLOGY CO COM USD0.01 | 11 303.00 | 421 940.99 | 0.08 |
| USD | E TRADE FINANCIAL COM USD0.01 | 507.00 | 22 460.10 | 0.00 |
| USD | EAST WEST BANCORP INC COM | 237.00 | 10 859.34 | 0.00 |
| USD | EASTMAN CHEM CO COM | 1 898.00 | 148 746.26 | 0.03 |
| USD | EATON VANCE CORP COM NON VTG | 311.00 | 14 669.87 | 0.00 |
| USD | EBAY INC COM USD0.001 | 19 896.00 | 706 705.92 | 0.14 |
| USD | EDISON INTL COM | 675.00 | 46 642.50 | 0.01 |
| USD | ELANCO ANIMAL HEAL COM NPV | 635.00 | 17 595.85 | 0.00 |
| USD | ELECTRONIC ARTS INC COM | 548.00 | 55 353.48 | 0.01 |
| USD | ELI LILLY AND CO COM NPV | 1 669.00 | 195 857.15 | 0.04 |
| USD | EMERSON ELEC CO COM | 1 157.00 | 85 456.02 | 0.02 |
| USD | ENTERGY CORP NEW COM | 393.00 | 45 741.27 | 0.01 |
| USD | EQUINIX INC COM USD0.001 NEW | 153.00 | 86 728.05 | 0.02 |
| USD | ESTEE LAUDER COS CLASS’A’COM USD0.01 | 893.00 | 174 554.71 | 0.03 |
| USD | EVERGY INC COM NPV | 522.00 | 33 026.94 | 0.01 |
| USD | EVERSOURCE ENERGY COM USD5 | 667.00 | 55 120.88 | 0.01 |
| USD | EXELON CORP COM NPV | 1 833.00 | 81 403.53 | 0.02 |
| USD | EXPEDIA GROUP INC COM USD0.001 | 260.00 | 26 431.60 | 0.01 |
| USD | EXTRA SPACE STORAG COM USD0.01 | 249.00 | 26 406.45 | 0.01 |
| USD | EXXON MOBIL CORP COM NPV | 8 156.00 | 555 668.28 | 0.11 |
| USD | FACEBOOK INC COM USD0.000006 CL ‘A’ | 5 718.00 | 1 152 977.52 | 0.23 |
| USD | FED REALTY INV TR SBI USD0.01 | 163.00 | 21 527.41 | 0.00 |
| USD | FEDEX CORP COM USD0.10 | 481.00 | 76 984.05 | 0.02 |
| USD | FIDELITY NATL INF COM STK USD0.01 | 1 228.00 | 169 648.20 | 0.03 |
| USD | FIFTH THIRD BANCORP COM | 26 648.00 | 804 503.12 | 0.16 |
| USD | FIRST REPUBLIC BAN COM USD0.01 | 269.00 | 29 563.10 | 0.01 |
| USD | FIRSTENERGY CORP COM USD0.10 | 951.00 | 45 353.19 | 0.01 |
| USD | FISERV INC COM USD0.01 | 1 044.00 | 121 354.56 | 0.02 |
| USD | FLEETCOR TECHNOLOG COM STK USD0.001 | 179.00 | 54 938.68 | 0.01 |
| USD | FORD MOTOR CO COM STK USD0.01 | 6 724.00 | 60 919.44 | 0.01 |
| USD | FORTUNE BRANDS HOME USD0.01 WI | 344.00 | 21 761.44 | 0.00 |
| USD | FOX CORP COM USD0.01 CL A | 600.00 | 21 456.00 | 0.00 |
| USD | FOX CORP COM USD0.01 CL B | 300.00 | 10 494.00 | 0.00 |
| USD | FREEPORT-MCMORAN COM STK USD0.10 | 2 760.00 | 31 408.80 | 0.01 |
| USD | GENERAL MLS INC COM | 7 119.00 | 379 585.08 | 0.08 |
| USD | GENERAL MOTORS CO COM USD0.01 | 2 572.00 | 92 592.00 | 0.02 |
| USD | GENUINE PARTS CO COM STK USD1 | 958.00 | 99 986.46 | 0.02 |
| USD | GILEAD SCIENCES COM USD0.001 | 11 399.00 | 766 468.76 | 0.15 |
| USD | GLOBAL PAYMENTS COM NPV | 559.00 | 101 234.90 | 0.02 |
| USD | GLOBE LIFE INC COM USD1.00 | 253.00 | 25 998.28 | 0.01 |
| USD | GODADDY INC COM CL A USD0.001 | 269.00 | 17 856.22 | 0.00 |
| USD | GOLDMAN SACHS GRP COM USD0.01 | 632.00 | 139 893.20 | 0.03 |
| USD | GRAINGER W W INC COM | 93.00 | 29 476.35 | 0.01 |
| USD | HALLIBURTON COM STK USD2.50 | 1 583.00 | 33 227.17 | 0.01 |
| USD | HARTFORD FINL SVCS COM USD0.01 | 789.00 | 48 807.54 | 0.01 |
| USD | HASBRO INC COM | 262.00 | 26 645.40 | 0.01 |
| USD | HCA HEALTHCARE INC COM USD0.01 | 2 417.00 | 335 141.22 | 0.07 |
| USD | HD SUPPLY INC COM USD0.01 | 429.00 | 17 082.78 | 0.00 |
| USD | HEALTHPEAK PPTYS I COM USD1 | 921.00 | 32 124.48 | 0.01 |
| USD | HERSHEY COMPANY COM USD1.00 | 4 425.00 | 655 608.00 | 0.13 |
| USD | HESS CORPORATION COM USD1 | 546.00 | 33 901.14 | 0.01 |
| USD | HEWLETT PACKARD EN COM USD0.01 | 7 104.00 | 112 456.32 | 0.02 |
| USD | HILTON WORLDWIDE H COM USD0.01 | 502.00 | 52 710.00 | 0.01 |
| USD | HOLLYFRONTIER CORP COM USD0.01 | 382.00 | 19 692.10 | 0.00 |
| USD | HOLOGIC INC COM USD0.01 | 512.00 | 26 275.84 | 0.01 |
| USD | HOME DEPOT INC COM USD0.05 | 2 121.00 | 467 701.71 | 0.09 |
| USD | HORMEL FOODS CORP COM USD0.0586 | 665.00 | 29 612.45 | 0.01 |
| USD | HOST HOTELS & RESO COM STK USD0.01 | 40 819.00 | 713 924.31 | 0.14 |
| USD | HP INC COM USD0.01 | 17 243.00 | 346 239.44 | 0.07 |
| USD | HUMANA INC COM USD0.166 | 256.00 | 87 354.88 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | HUNTINGTON BANCSHARES INC COM | 2 134.00 | 31 775.26 | 0.01 |
| USD | HUNTINGTON INGALLS COM USD0.01 | 73.00 | 18 371.91 | 0.00 |
| USD | INGERSOLL-RAND PLC SHS USD1 | 480.00 | 62 932.80 | 0.01 |
| USD | INGREDION INC COM USD0.01 | 186.00 | 15 469.62 | 0.00 |
| USD | INTEL CORP COM USD0.001 | 28 508.00 | 1 654 889.40 | 0.33 |
| USD | INTL BUSINESS MCHN COM USD0.20 | 1 712.00 | 230 178.40 | 0.05 |
| USD | INTL PAPER CO COM USD1.00 | 13 860.00 | 642 272.40 | 0.13 |
| USD | INTUIT INC COM USD0.01 | 501.00 | 129 703.89 | 0.03 |
| USD | INVESCO LTD COM STK USD0.20 | 525.00 | 9 219.00 | 0.00 |
| USD | IQVIA HOLDINGS INC COM USD0.01 | 301.00 | 43 939.98 | 0.01 |
| USD | IRON MTN INC NEW COM NPV | 655.00 | 21 038.60 | 0.00 |
| USD | JACOBS ENG GROUP COM USD1 | 301.00 | 27 719.09 | 0.01 |
| USD | JEFFERIES FINL GRP COM USD0.0001 | 10 730.00 | 224 257.00 | 0.04 |
| USD | JOHNSON CTLS INTL COM USD0.01 | 1 616.00 | 69 213.28 | 0.01 |
| USD | JONES LANG LASALLE INC COM | 65.00 | 10 811.45 | 0.00 |
| USD | KANSAS CITY STHN I COM USD0.01 | 223.00 | 33 989.66 | 0.01 |
| USD | KELLOGG CO COM USD0.25 | 531.00 | 34 578.72 | 0.01 |
| USD | KEYCORP NEW COM | 1 911.00 | 37 054.29 | 0.01 |
| USD | KEYSIGHT TECHNOLOG COM USD0.01 ‘WD’ | 1 414.00 | 151 340.42 | 0.03 |
| USD | KIMBERLY-CLARK CP COM USD1.25 | 661.00 | 90 120.74 | 0.02 |
| USD | KIMCO REALTY COM USD0.01 | 686.00 | 14 831.32 | 0.00 |
| USD | KINDER MORGAN INC USD0.01 | 3 733.00 | 73 204.13 | 0.01 |
| USD | KKR & CO INC COM NPV CLASS A | 800.00 | 23 592.00 | 0.00 |
| USD | KLA CORPORATION COM USD0.001 | 303.00 | 49 649.58 | 0.01 |
| USD | KNIGHT SWIFT TRANS CL A COM STK USD0.01 | 238.00 | 8 803.62 | 0.00 |
| USD | KOHLS CORPORATION COM USD0.01 | 997.00 | 46 868.97 | 0.01 |
| USD | KROGER CO COM USD1 | 1 543.00 | 42 185.62 | 0.01 |
| USD | L3HARRIS TECHNOLOG COM USD1.00 | 400.00 | 80 436.00 | 0.02 |
| USD | LAB CORP AMER HLDG COM USD0.1 | 183.00 | 31 529.07 | 0.01 |
| USD | LAM RESEARCH CORP COM USD0.001 | 274.00 | 73 111.42 | 0.01 |
| USD | LAS VEGAS SANDS CORP COM | 634.00 | 39 783.50 | 0.01 |
| USD | LEAR CORP COM USD0.01 | 79.00 | 9 504.49 | 0.00 |
| USD | LENNAR CORP COM CL’A’USD0.10 | 544.00 | 32 449.60 | 0.01 |
| USD | LINCOLN NATL CORP COM NPV | 320.00 | 18 896.00 | 0.00 |
| USD | LKQ CORP COM | 651.00 | 22 967.28 | 0.00 |
| USD | LOWE’S COS INC COM USD0.50 | 1 528.00 | 179 249.68 | 0.04 |
| USD | MANPOWER GROUP COM USD0.01 | 72.00 | 6 670.08 | 0.00 |
| USD | MARATHON OIL CORP COM USD1 | 1 853.00 | 21 587.45 | 0.00 |
| USD | MARATHON PETROLEUM COM USD0.01 | 1 155.00 | 70 039.20 | 0.01 |
| USD | MARRIOTT INTL INC COM USD0.01 CLASS ‘A’ | 560.00 | 78 601.60 | 0.02 |
| USD | MASCO CORP COM | 619.00 | 28 814.45 | 0.01 |
| USD | MASTERCARD INC COM USD0.0001 CLASS ‘A’ | 1 759.00 | 514 032.57 | 0.10 |
| USD | MCCORMICK & CO INC COM N/VTG NPV | 233.00 | 39 435.25 | 0.01 |
| USD | MCDONALD’S CORP COM USD0.01 | 1 473.00 | 286 469.04 | 0.06 |
| USD | MCKESSON CORP COM USD0.01 | 341.00 | 49 322.24 | 0.01 |
| USD | MEDTRONIC PLC USD0.0001 | 11 196.00 | 1 247 122.44 | 0.25 |
| USD | MERCK & CO INC COM USD0.50 | 17 365.00 | 1 513 880.70 | 0.30 |
| USD | METLIFE INC COM USD0.01 | 1 595.00 | 79 606.45 | 0.02 |
| USD | MGM RESORTS INTL COM STK USD0.01 | 1 028.00 | 32 844.60 | 0.01 |
| USD | MICROCHIP TECHNLGY COM USD0.001 | 455.00 | 43 015.70 | 0.01 |
| USD | MICRON TECHNOLOGY COM USD0.10 | 2 087.00 | 99 153.37 | 0.02 |
| USD | MICROSOFT CORP COM USD0.0000125 | 23 052.00 | 3 489 611.76 | 0.70 |
| USD | MID-AMER APARTMENT COM STK USD0.01 | 242.00 | 32 938.62 | 0.01 |
| USD | MIDDLEBY CORP COM USD0.01 | 71.00 | 8 218.96 | 0.00 |
| USD | MOHAWK INDS COM USD0.01 | 129.00 | 17 978.73 | 0.00 |
| USD | MOLSON COORS BREWI CLASS ‘B’ USD0.01 | 300.00 | 15 144.00 | 0.00 |
| USD | MONDELEZ INTL INC COM USD0.01 | 2 706.00 | 142 173.24 | 0.03 |
| USD | MORGAN STANLEY COM STK USD0.01 | 2 498.00 | 123 601.04 | 0.02 |
| USD | MOSAIC CO COM USD0.01 | 635.00 | 12 096.75 | 0.00 |
| USD | MOTOROLA SOLUTIONS COM USD0.01 | 297.00 | 49 688.10 | 0.01 |
| USD | MSCI INC COM STK USS0.01 | 2 983.00 | 773 163.77 | 0.15 |
| USD | NATIONAL OILWELL VARCO INC COM | 574.00 | 12 943.70 | 0.00 |
| USD | NATIONAL RETAIL PROPERTIES INC | 394.00 | 21 961.56 | 0.00 |
| USD | NETAPP INC COM USD0.001 | 4 930.00 | 298 708.70 | 0.06 |
| USD | NETFLIX INC COM USD0.001 | 840.00 | 264 314.40 | 0.05 |
| USD | NEWELL BRANDS INC COM USD1 | 651.00 | 12 512.22 | 0.00 |
| USD | NEWMONT GOLDCORP C COM USD1.60 | 1 738.00 | 66 739.20 | 0.01 |
| USD | NIELSEN HLDGS PLC COM EUR0.07 | 561.00 | 10 967.55 | 0.00 |
| USD | NIKE INC CLASS’B’COM NPV | 2 416.00 | 225 871.84 | 0.04 |
| USD | NISOURCE INC COM NPV | 596.00 | 15 764.20 | 0.00 |
| USD | NOBLE ENERGY INC COM USD0.01 | 1 169.00 | 24 268.44 | 0.00 |
| USD | NORFOLK STHN CORP COM USD1 | 516.00 | 99 846.00 | 0.02 |
| USD | NORTHERN TRUST CP COM USD1.666 | 383.00 | 41 072.92 | 0.01 |
| USD | NORTONLIFELOCK INC COM USD0.01 | 1 276.00 | 31 772.40 | 0.01 |
| USD | NORWEGIAN CRUISE L COM USD0.001 | 472.00 | 25 318.08 | 0.00 |
| USD | NRG ENERGY INC COM USD0.01 | 17 402.00 | 691 381.46 | 0.14 |
| USD | NUCOR CORP COM | 509.00 | 28 687.24 | 0.01 |
| USD | NVIDIA CORP COM USD0.001 | 1 112.00 | 241 014.88 | 0.05 |
| USD | NVR INC COM STK USD0.01 | 25.00 | 94 797.25 | 0.02 |
| USD | OCCIDENTAL PETRLM COM USD0.20 | 1 565.00 | 60 362.05 | 0.01 |
| USD | OGE ENERGY CORP COM USD0.01 | 489.00 | 20 567.34 | 0.00 |
| USD | OLD DOMINION FGHT LINES INC COM | 140.00 | 26 822.60 | 0.01 |
| USD | OMNICOM GROUP INC COM USD0.15 | 448.00 | 35 607.04 | 0.01 |
| USD | ON SEMICONDUCTOR CORP COM | 700.00 | 15 029.00 | 0.00 |
| USD | ONEOK INC | 766.00 | 54 424.30 | 0.01 |
| USD | ORACLE CORP COM USD0.01 | 20 695.00 | 1 161 817.30 | 0.23 |
| USD | OREILLY AUTO NEW COM USD0.01 | 151.00 | 66 784.28 | 0.01 |
| USD | OWENS CORNING COM STK USD0.01 | 167.00 | 11 199.02 | 0.00 |
| USD | PACCAR INC COM STK USD1 | 4 805.00 | 390 982.85 | 0.08 |
| USD | PACKAGING CORP AMER COM | 155.00 | 17 344.50 | 0.00 |
| USD | PALO ALTO NETWORKS COM USD0.0001 | 177.00 | 40 217.94 | 0.01 |
| USD | PARKER-HANNIFIN COM STK USD0.50 | 220.00 | 43 733.80 | 0.01 |
| USD | PAYCHEX INC COM | 575.00 | 49 519.00 | 0.01 |
| USD | PAYPAL HOLDINGS IN COM USD0.0001 | 2 157.00 | 232 977.57 | 0.05 |
| USD | PFIZER INC COM USD0.05 | 23 360.00 | 899 827.20 | 0.18 |
| USD | PHILLIPS 66 COM USD0.01 | 845.00 | 96 938.40 | 0.02 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | PINNACLE WEST CAP CORP COM | 244.00 | 21 323.16 | 0.00 |
| USD | PNC FINANCIAL SVCS COM USD5 | 870.00 | 133 292.70 | 0.03 |
| USD | PPL CORP COM USD0.01 | 1 534.00 | 52 202.02 | 0.01 |
| USD | PRINCIPAL FINL GP COM USD0.01 | 570.00 | 31 407.00 | 0.01 |
| USD | PROCTER & GAMBLE COM NPV | 4 825.00 | 588 939.50 | 0.12 |
| USD | PROLOGIS INC COM USD0.01 | 1 176.00 | 107 662.80 | 0.02 |
| USD | PRUDENTIAL FINL COM USD0.01 | 725.00 | 67 874.50 | 0.01 |
| USD | PUBLIC SVC ENTERPRISE GROUP COM | 1 028.00 | 60 970.68 | 0.01 |
| USD | PVH CORP COM USD1 | 174.00 | 16 871.04 | 0.00 |
| USD | QUALCOMM INC COM USD0.0001 | 11 972.00 | 1 000 260.60 | 0.20 |
| USD | QUEST DIAGNOSTICS INC COM | 262.00 | 27 916.10 | 0.01 |
| USD | RAYMOND JAMES FINANCIAL INC COM | 263.00 | 23 622.66 | 0.00 |
| USD | RAYTHEON CO COM NEW | 511.00 | 111 101.62 | 0.02 |
| USD | REGENCY CENTERS COM USD0.01 | 350.00 | 22 764.00 | 0.00 |
| USD | REGENERON PHARMACE COM USD0.001 | 164.00 | 60 516.00 | 0.01 |
| USD | REGIONS FINANCIAL CORP NEW COM | 13 396.00 | 222 909.44 | 0.04 |
| USD | REINSURANCE GROUP COM USD0.01 | 120.00 | 19 855.20 | 0.00 |
| USD | REPUBLIC SERVICES COM USD0.01 | 436.00 | 38 651.40 | 0.01 |
| USD | ROBERT HALF INTL COM USD0.001 | 5 205.00 | 302 931.00 | 0.06 |
| USD | ROCKWELL AUTOMATIO COM USD1 | 217.00 | 42 497.28 | 0.01 |
| USD | ROSS STORES INC COM USD0.01 | 690.00 | 80 143.50 | 0.02 |
| USD | ROYAL CARIBBEAN COM USD0.01 | 336.00 | 40 326.72 | 0.01 |
| USD | SALESFORCE.COM INC COM USD0.001 | 1 613.00 | 262 741.57 | 0.05 |
| USD | SBA COMMUNICATIONS COM USD0.01 CL A | 196.00 | 46 348.12 | 0.01 |
| USD | SCHEIN HENRY INC COM | 327.00 | 22 530.30 | 0.00 |
| USD | SCHLUMBERGER COM USD0.01 | 2 558.00 | 92 599.60 | 0.02 |
| USD | SCHWAB(CHARLES)CP COM USD0.01 | 2 293.00 | 113 503.50 | 0.02 |
| USD | SEALED AIR CORP NEW COM | 262.00 | 9 885.26 | 0.00 |
| USD | SEI INVESTMENT COM USD0.01 | 177.00 | 11 421.81 | 0.00 |
| USD | SENSATA TECHNO PLC COM EUR0.01 | 357.00 | 18 381.93 | 0.00 |
| USD | SERVICENOW INC COM USD0.001 | 343.00 | 97 082.72 | 0.02 |
| USD | SIGNATURE BK COM USD0.01 | 72.00 | 8 881.92 | 0.00 |
| USD | SIMON PROP GROUP COM USD0.0001 | 5 398.00 | 816 231.58 | 0.16 |
| USD | SIRIUS XM HLDGS IN COM USD0.001 | 2 299.00 | 16 047.02 | 0.00 |
| USD | SKYWORKS SOLUTIONS INC COM | 359.00 | 35 289.70 | 0.01 |
| USD | SMUCKER(JM)CO COM NPV | 249.00 | 26 167.41 | 0.01 |
| USD | SNAP-ON INC COM USD1 | 71.00 | 11 392.66 | 0.00 |
| USD | SOUTHWEST AIRLINES COM USD1 | 3 113.00 | 179 433.32 | 0.04 |
| USD | SPIRIT AEROSYSTEMS COM STK USD0.01 CLASS ‘A’ | 235.00 | 20 442.65 | 0.00 |
| USD | SQUARE INC COM USD0.0000001 CL A | 628.00 | 43 407.36 | 0.01 |
| USD | STANLEY BLACK & DE COM USD2.50 | 265.00 | 41 801.10 | 0.01 |
| USD | STARBUCKS CORP COM USD0.001 | 8 765.00 | 748 793.95 | 0.15 |
| USD | STATE STREET CORP COM STK USD1 | 675.00 | 50 692.50 | 0.01 |
| USD | STEEL DYNAMICS INC COM | 485.00 | 16 359.05 | 0.00 |
| USD | SUNTRUST BKS INC COM | 914.00 | 64 747.76 | 0.01 |
| USD | SYNCHRONY FINANCIA COM USD0.001 | 21 769.00 | 814 378.29 | 0.16 |
| USD | SYSCO CORP COM USD1 | 1 713.00 | 137 982.15 | 0.03 |
| USD | T ROWE PRICE GROUP COM USD0.20 | 403.00 | 49 794.68 | 0.01 |
| USD | T-MOBILE US INC COM USD0.0001 | 616.00 | 48 386.80 | 0.01 |
| USD | TAPESTRY INC COM USD0.01 | 682.00 | 18 338.98 | 0.00 |
| USD | TARGET CORP COM STK USD0.0833 | 1 000.00 | 125 010.00 | 0.02 |
| USD | TD AMERITRADE HLDG COM USD0.01 | 615.00 | 31 875.45 | 0.01 |
| USD | TELEFLEX INC COM | 77.00 | 27 207.18 | 0.01 |
| USD | TESLA INC COM USD0.001 | 253.00 | 83 474.82 | 0.02 |
| USD | TEXAS INSTRUMENTS COM USD1 | 3 807.00 | 457 639.47 | 0.09 |
| USD | THERMO FISHER SCIE COM USD1 | 765.00 | 240 171.75 | 0.05 |
| USD | TIFFANY & CO NEW COM | 211.00 | 28 231.80 | 0.01 |
| USD | TJX COS INC COM USD1 | 2 408.00 | 147 201.04 | 0.03 |
| USD | TRACTOR SUPPLY CO COM USD0.008 | 252.00 | 23 798.88 | 0.00 |
| USD | TRANSDIGM GROUP INC COM | 85.00 | 48 203.50 | 0.01 |
| USD | TRAVELERS CO INC COM NPV | 527.00 | 72 051.44 | 0.01 |
| USD | TWITTER INC COM USD0.000005 | 1 387.00 | 42 872.17 | 0.01 |
| USD | TYSON FOODS INC CL A | 545.00 | 48 990.05 | 0.01 |
| USD | UBER TECHNOLOGIES COM USD0.00001 | 300.00 | 8 880.00 | 0.00 |
| USD | UGI CORP NEW COM | 422.00 | 18 378.10 | 0.00 |
| USD | ULTA BEAUTY INC COM STK USD0.01 | 118.00 | 27 595.48 | 0.01 |
| USD | UNION PACIFIC CORP COM USD2.50 | 1 366.00 | 240 402.34 | 0.05 |
| USD | UNITED AIRLINES HO COM USD0.01 | 4 848.00 | 449 894.40 | 0.09 |
| USD | UNITED RENTALS INC COM | 163.00 | 24 947.15 | 0.00 |
| USD | UNITEDHEALTH GRP COM USD0.01 | 1 819.00 | 509 083.53 | 0.10 |
| USD | UNIVERSAL HEALTH S CLASS’B’COM USD0.01 | 167.00 | 23 294.83 | 0.00 |
| USD | UNUM GROUP COM USD0.10 | 334.00 | 10 267.16 | 0.00 |
| USD | US BANCORP COM USD0.01 | 2 943.00 | 176 668.29 | 0.04 |
| USD | VAIL RESORTS INC COM | 57.00 | 13 832.19 | 0.00 |
| USD | VALERO ENERGY CORP NEW COM | 3 122.00 | 298 119.78 | 0.06 |
| USD | VARIAN MEDICAL SYS COM USD1 | 199.00 | 26 612.27 | 0.01 |
| USD | VEREIT INC COM USD0.001 | 1 844.00 | 17 997.44 | 0.00 |
| USD | VERIZON COMMUN COM USD0.10 | 7 940.00 | 478 305.60 | 0.10 |
| USD | VF CORP COM NPV | 601.00 | 53 212.54 | 0.01 |
| USD | VIACOM INC NEW CL’B’ NON-VTG USD0.001 | 19 496.00 | 469 268.72 | 0.09 |
| USD | VISA INC COM STK USD0.0001 | 3 366.00 | 621 060.66 | 0.12 |
| USD | VISTRA ENERGY CORP COM USD0.01 | 12 544.00 | 332 792.32 | 0.07 |
| USD | VOYA FINL INC COM USD0.01 | 3 500.00 | 203 980.00 | 0.04 |
| USD | WABCO HOLDINGS INC COM STK USD0.01 | 126.00 | 16 978.50 | 0.00 |
| USD | WALGREENS BOOTS AL COM USD0.01 | 1 476.00 | 87 969.60 | 0.02 |
| USD | WALMART INC COM USD0.10 | 2 758.00 | 328 450.22 | 0.07 |
| USD | WALT DISNEY CO. DISNEY COM USD0.01 | 3 471.00 | 526 134.18 | 0.10 |
| USD | WASTE MGMT INC DEL COM | 787.00 | 88 860.17 | 0.02 |
| USD | WELLS FARGO & CO COM USD1 2/3 | 12 624.00 | 687 503.04 | 0.14 |
| USD | WELLTOWER INC COM USD1 | 866.00 | 73 237.62 | 0.01 |
| USD | WESTERN DIGITAL CORP COM | 591.00 | 29 745.03 | 0.01 |
| USD | WESTLAKE CHEM CORP COM USD0.01 | 106.00 | 7 280.08 | 0.00 |
| USD | WESTROCK CO COM USD0.01 | 646.00 | 26 053.18 | 0.01 |
| USD | WEYERHAEUSER CO COM USD1.25 | 1 466.00 | 43 261.66 | 0.01 |
| USD | WHIRLPOOL CORP COM | 80.00 | 11 448.00 | 0.00 |
| USD | WILLIAMS COS INC COM USD1 | 2 528.00 | 57 436.16 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | WORKDAY INC COM USD0.001 CL A | 326.00 | 58 393.12 | 0.01 |
| USD | WYNN RESORTS LTD COM | 195.00 | 23 565.75 | 0.00 |
| USD | XEROX HLDGS CORP COM USD1.00 | 18 089.00 | 704 204.77 | 0.14 |
| USD | XILINX INC COM USD0.01 | 479.00 | 44 441.62 | 0.01 |
| USD | XPO LOGISTICS INC COM USD0.001 | 163.00 | 13 478.47 | 0.00 |
| USD | XYLEM INC COM USD0.01 WI | 368.00 | 28 523.68 | 0.01 |
| USD | YUM BRANDS INC COM | 7 188.00 | 723 615.96 | 0.14 |
| USD | ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 421.00 | 61 162.88 | 0.01 |
| USD | ZIONS BANCORPORATI COM USD0.001 | 418.00 | 20 808.04 | 0.00 |
| Total Vereinigte Staaten |  | 79 943 894.22 | 15.93 |
| Total Namensaktien |  | 110 051 910.16 | 21.93 |
| Depository Receipts |  |  |  |
| Irland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 2 460.00 | 48 187.82 | 0.01 |
| Total Irland |  | 48 187.82 | 0.01 |
| Luxemburg |  |  |  |
| EUR	SES S.A. FDR EACH REP 1 ‘A’ NPV | 1 101.00 | 14 622.19 | 0.00 |
| Total Luxemburg |  | 14 622.19 | 0.00 |
| Niederlande |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 1 461.00 | 24 952.82 | 0.01 |
| Total Niederlande |  | 24 952.82 | 0.01 |
| Total Depository Receipts |  | 87 762.83 | 0.02 |
| Investment Fonds, closed end |  |  |  |
| Grossbritannien |  |  |  |
| GBP	SEGRO PLC REIT | 1 994.00 | 23 058.40 | 0.01 |
| Total Grossbritannien |  | 23 058.40 | 0.01 |
| Vereinigte Staaten |  |  |  |
| USD	DUKE REALTY CORP REIT | 796.00 | 28 003.28 | 0.01 |
| USD	LIBERTY PPTY TST SBI USD0.001 | 353.00 | 21 751.86 | 0.00 |
| USD	SL GREEN REALTY CORPORATION | 121.00 | 10 324.93 | 0.00 |
| USD	VENTAS INC REIT | 11 405.00 | 665 025.55 | 0.13 |
| Total Vereinigte Staaten |  | 725 105.62 | 0.14 |
| Total Investment Fonds, closed end |  | 748 164.02 | 0.15 |
| Anrechte |  |  |  |
| Vereinigte Staaten |  |  |  |
| USD	BRISTOL-MYERS SQUIBB CO CVR RIGHTS 31.12.20 | 8 825.00 | 18 973.75 | 0.00 |
| USD	DISH NETWORK CORP RIGHTS 09.12.19 | 31.39 | 21.35 | 0.00 |
| Total Vereinigte Staaten |  | 18 995.10 | 0.00 |
| Total Anrechte |  | 18 995.10 | 0.00 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-30.09.25 | 1 800 000.00 | 1 930 078.08 | 0.38 |
| USD	AMERICA, UNITED STATES OF 3.12500% 18-15.11.28 | 2 300 000.00 | 2 557 402.20 | 0.51 |
| USD	AMERICA, UNITED STATES OF 2.00000% 16-15.11.26 | 1 500 000.00 | 1 527 070.20 | 0.30 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 1 750 000.00 | 1 811 728.45 | 0.36 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 1 550 000.00 | 1 607 640.63 | 0.32 |
| USD	AMERICA, UNITED STATES OF 2.37500% 17-15.05.27 | 1 900 000.00 | 1 985 574.10 | 0.40 |
| Total USD |  | 11 419 493.66 | 2.27 |
| Total Treasury-Notes, fester Zins | 11 419 493.66 | 2.27 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 178 375 006.06 | 35.54 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Treasury-Bills, Nullcoupon |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 31.01.19-30.01.20	5 000 000.00 | 4 987 058.25 | 0.99 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 28.02.19-27.02.20	3 000 000.00 | 2 988 726.24 | 0.60 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 25.04.19-23.04.20	3 500 000.00 | 3 478 294.30 | 0.69 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 20.06.19-18.06.20	100 000.00 | 99 135.82 | 0.02 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 13.06.19-12.12.19	100 000.00 | 99 956.17 | 0.02 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 22.08.19-20.02.20	400 000.00 | 398 615.56 | 0.08 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 12.09.19-12.03.20	100 000.00 | 99 562.33 | 0.02 |
| Total USD | 12 151 348.67 | 2.42 |
| Total Treasury-Bills, Nullcoupon | 12 151 348.67 | 2.42 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden | 12 151 348.67 | 2.42 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Vorzugsaktien
Grossbritannien
| GBP | ROLLS ROYCE HLDGS NON CUM RED PREF GBP0.001 C | 148 028.00 | 191.48 | 0.00 |
| --- | --- | --- | --- | --- |
| Total Grossbritannien | 191.48 | 0.00 |
| Total Vorzugsaktien | 191.48 | 0.00 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | 191.48 | 0.00 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
| Irland |  |
| --- | --- |
| USD | NEUBERGER BERMAN EUROPE LTD-STRATEGIC INC FD-I-ACC | 2 005 000.00 | 24 420 900.00 | 4.87 |
| USD | PIMCO GIS DIVERSIFIED INCOME FUND-INSTITUIONAL CLASS-USD-ACC | 2 931 000.00 | 75 824 970.00 | 15.11 |
| Total Irland |  | 100 245 870.00 | 19.98 |
| Luxemburg |  |  |  |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC | 1 746.00 | 34 531 008.66 | 6.88 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD U-X-ACC | 982.00 | 11 451 720.66 | 2.28 |
| USD	UBS (LUX) BOND SICAV - SHORT DURATION H Y SUST (USD) I-X-ACC | 213 979.00 | 26 043 384.09 | 5.19 |
| USD	UBS (LUX) BOND SICAV - ASIAN INVST GRADE BONDS (USD)-U-X-CAP | 476.00 | 5 627 600.44 | 1.12 |
| USD	UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC | 1 013.00 | 11 578 083.50 | 2.31 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC | 3 036.00 | 41 386 084.08 | 8.25 |
| USD	UBS (LUX) INSTITUTIONAL SICAV - E MARKETS EQUITY PASS FA USD | 1 905.71 | 24 639 101.56 | 4.91 |
| USD	UBS (LUX) SICAV 1 - MEDIUM TERM USD CORP BDS (USD) U-X-ACC | 2 394.97 | 24 460 064.58 | 4.87 |
| USD	UBS LUX BOND SICAV - EMERGING ECONOMIES CORP USD-I-X-ACC | 145 740.00 | 17 174 001.60 | 3.42 |
| Total Luxemburg | 196 891 049.17 | 39.23 |
| Total Investment Fonds, open end | 297 136 919.17 | 59.21 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 297 136 919.17 | 59.21 |

Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Optionen auf Indizes, klassisch
| AUD |  |
| --- | --- |
| AUD | MORGAN STANLEY/S&P/ASX 200 INDEX CALL 6845.29450 03.12.19 | -490.00 | -7 400.63 | 0.00 |
| AUD | GOLDMAN SACHS/S&P/ASX 200 INDEX CALL 6935.35500 17.12.19 | -490.00 | -7 432.62 | 0.00 |
| Total AUD |  |  | -14 833.25 | 0.00 |
| EUR |  |  |  |  |
| EUR | GOLDMAN SACHS/EURO STOXX 50 CALL 3764.75650 03.12.19 | -3 130.00 | -252.53 | 0.00 |
| EUR | HSBC/EURO STOXX 50 CALL 3785.27740 17.12.19 | -3 340.00 | -17 989.13 | -0.01 |
| Total EUR |  |  | -18 241.66 | -0.01 |
| GBP |  |  |  |  |
| GBP | GOLDMAN SACHS/FTSE 100 INDEX CALL 7550.61780 03.12.19 | -390.00 | -15.15 | 0.00 |
| GBP | UBS/FTSE 100 INDEX CALL 7499.57120 17.12.19 | -430.00 | -9 882.28 | 0.00 |
| Total GBP |  |  | -9 897.43 | 0.00 |
| JPY |  |  |  |  |
| JPY | GOLDMAN SACHS/TOPIX INDEX (TOKYO) CALL 1747.79690 03.12.19 | -362 000.00 | -7.23 | 0.00 |
| JPY | GOLDMAN SACHS/TOPIX INDEX (TOKYO) CALL 1733.50840 17.12.19 | -377 670.00 | -13 887.15 | 0.00 |
| Total JPY |  |  | -13 894.38 | 0.00 |
| USD |  |  |  |  |
| USD | GOLDMAN SACHS/S&P 500 INDEX CALL 3148.41090 03.12.19 | -7 210.00 | -32 787.39 | -0.01 |
| USD | MORGAN STANLEY/MSCI EM INDEX CALL 1113.34950 03.12.19 | -10 470.00 | 0.00 | 0.00 |
| USD | GOLDMAN SACHS/S&P 500 INDEX CALL 3166.04420 10.12.19 | -8 300.00 | -53 956.93 | -0.01 |
| USD | BNP/S&P 500 INDEX CALL 3195.06430 17.12.19 | -7 680.00 | -38 831.09 | -0.01 |
| USD | BNP/MSCI EM INDEX CALL 1092.91370 17.12.19 | -11 060.00 | -6 291.66 | 0.00 |
| Total USD |  |  | -131 867.07 | -0.03 |
| Total Optionen auf Indizes, klassisch | -188 733.79 | -0.04 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | -188 733.79 | -0.04 |
| Total des Wertpapierbestandes | 487 474 731.59 | 97.13 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |


## Derivative Instrumente
Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Swaps und Forward-Swaps auf Indizes
| USD USD | UBS/FTSE EEPRA NAREIT DVLPD TR EQS REC PERF 19-31.01.20 UBS/FTSE EEPRA NAREIT DVLPD TR EQS PAYER 3ML 19-31.01.20 | 20 619 274.90 | -19 287.52 | 0.00 |
| --- | --- | --- | --- | --- |
| Total Swaps und Forward-Swaps auf Indizes | -19 287.52 | 0.00 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | -19 287.52 | 0.00 |
| Total Derivative Instrumente | -19 287.52 | 0.00 |
| Devisenterminkontrakte |  |  |
| Devisenterminkontrakte (Kauf/Verkauf) |  |  |

| USD | 166 339.20 | EUR | 150 000.00 | 9.1.2020 | 443.41 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 2 992 896.60 | AUD | 4 413 000.00 | 9.1.2020 | 4 636.94 | 0.00 |
| USD | 1 650 167.96 | HKD | 12 935 000.00 | 9.1.2020 | -1 574.56 | 0.00 |
| USD | 4 823 529.75 | GBP | 3 802 938.85 | 9.1.2020 | -103 868.34 | -0.02 |
| USD | 3 631 719.66 | JPY | 390 943 000.00 | 9.1.2020 | 49 972.16 | 0.01 |
| USD | 253 471.15 | SEK | 2 480 000.00 | 9.1.2020 | -6 298.32 | 0.00 |
| USD | 405 476.79 | SGD | 555 000.00 | 9.1.2020 | -539.81 | 0.00 |
| USD | 504 974.47 | CAD | 667 500.00 | 9.1.2020 | 2 240.87 | 0.00 |
| USD | 15 292 149.63 | EUR | 13 804 843.41 | 9.1.2020 | 24 380.27 | 0.01 |
| USD | 133 233.74 | CHF | 132 000.00 | 9.1.2020 | 681.42 | 0.00 |
| USD | 129 550.94 | JPY | 14 000 000.00 | 9.1.2020 | 1 285.53 | 0.00 |
| USD | 37 675.88 | AUD | 55 000.00 | 9.1.2020 | 432.67 | 0.00 |
| EUR | 200 000.00 | USD | 223 813.40 | 9.1.2020 | -2 619.01 | 0.00 |
| USD | 312 223.52 | EUR | 280 000.00 | 9.1.2020 | 2 551.38 | 0.00 |
| USD | 126 974.75 | AUD | 185 000.00 | 9.1.2020 | 1 702.14 | 0.00 |
| USD | 204 117.22 | HKD | 1 600 000.00 | 9.1.2020 | -195.73 | 0.00 |
| JPY | 10 000 000.00 | USD | 92 892.95 | 9.1.2020 | -1 274.80 | 0.00 |
| HKD | 1 150 000.00 | USD | 146 726.91 | 9.1.2020 | 123.02 | 0.00 |
| USD | 173 576.44 | EUR | 155 000.00 | 9.1.2020 | 2 150.79 | 0.00 |
| SGD | 77 989 800.00 | USD | 57 482 638.71 | 5.12.2019 | -448 578.35 | -0.09 |
| USD | 409 409.48 | SGD | 555 000.00 | 15.1.2020 | 3 365.00 | 0.00 |
| USD | 4 951 071.17 | GBP | 3 832 938.00 | 15.1.2020 | -15 992.96 | 0.00 |
| USD | 508 840.87 | CAD | 667 500.00 | 15.1.2020 | 6 099.94 | 0.00 |
| USD | 3 234 424.67 | AUD | 4 663 000.00 | 15.1.2020 | 76 429.10 | 0.02 |
| USD | 1 708 406.15 | HKD | 13 385 000.00 | 15.1.2020 | -765.38 | 0.00 |
| USD | 259 647.31 | SEK | 2 480 000.00 | 15.1.2020 | -194.17 | 0.00 |
| USD | 3 644 569.09 | JPY | 394 943 000.00 | 15.1.2020 | 25 058.53 | 0.00 |
| USD | 133 985.67 | CHF | 132 000.00 | 15.1.2020 | 1 379.49 | 0.00 |
| USD | 15 914 017.19 | EUR | 14 229 844.00 | 15.1.2020 | 170 493.64 | 0.03 |
| USD | 250 508.48 | EUR | 225 000.00 | 9.1.2020 | 1 664.79 | 0.00 |
| USD | 90 409.97 | GBP | 70 000.00 | 9.1.2020 | -287.75 | 0.00 |
| USD | 250 601.40 | EUR | 225 000.00 | 15.1.2020 | 1 667.34 | 0.00 |
| USD | 90 423.90 | GBP | 70 000.00 | 15.1.2020 | -288.37 | 0.00 |
| USD | 166 589.85 | EUR | 150 000.00 | 15.1.2020 | 633.81 | 0.00 |
| USD | 166 527.60 | EUR | 150 000.00 | 9.1.2020 | 631.81 | 0.00 |
| USD | 114 996.25 | JPY | 12 500 000.00 | 9.1.2020 | 473.56 | 0.00 |
| USD | 115 035.30 | JPY | 12 500 000.00 | 15.1.2020 | 477.30 | 0.00 |
| USD | 25 253.19 | CHF | 25 000.00 | 9.1.2020 | 148.58 | 0.00 |
| USD | 41 329.21 | SEK | 400 000.00 | 9.1.2020 | -569.09 | 0.00 |
| USD | 25 263.86 | CHF | 25 000.00 | 15.1.2020 | 149.05 | 0.00 |
| USD | 41 341.17 | SEK | 400 000.00 | 15.1.2020 | -568.75 | 0.00 |
| JPY | 16 000 000.00 | USD | 147 253.72 | 9.1.2020 | -664.68 | 0.00 |
| USD | 102 896.85 | AUD | 150 000.00 | 15.1.2020 | 1 310.03 | 0.00 |
| USD | 102 882.30 | AUD | 150 000.00 | 9.1.2020 | 1 309.91 | 0.00 |
| USD | 191 498.42 | HKD | 1 500 000.00 | 9.1.2020 | -44.97 | 0.00 |
| USD | 68 131.03 | CAD | 90 000.00 | 15.1.2020 | 345.74 | 0.00 |
| USD | 73 522.11 | SGD | 100 000.00 | 9.1.2020 | 365.97 | 0.00 |
| JPY | 16 000 000.00 | USD | 147 303.07 | 15.1.2020 | -668.82 | 0.00 |
| USD | 191 459.38 | HKD | 1 500 000.00 | 15.1.2020 | -80.20 | 0.00 |
| USD | 73 527.47 | SGD | 100 000.00 | 15.1.2020 | 366.30 | 0.00 |
| USD | 68 129.74 | CAD | 90 000.00 | 9.1.2020 | 345.43 | 0.00 |
| USD | 1 096 880.40 | EUR | 990 000.00 | 9.1.2020 | 1 968.19 | 0.00 |
| USD | 1 097 292.24 | EUR | 990 000.00 | 15.1.2020 | 1 982.39 | 0.00 |
| USD | 251 545.52 | GBP | 195 000.00 | 9.1.2020 | -1 112.40 | 0.00 |
| USD | 251 587.25 | GBP | 195 000.00 | 15.1.2020 | -1 111.20 | 0.00 |
| USD | 192 750.00 | GBP | 150 000.00 | 15.1.2020 | -1 633.43 | 0.00 |
| USD | 143 925.81 | AUD | 210 000.00 | 15.1.2020 | 1 704.26 | 0.00 |
| USD | 143 905.44 | AUD | 210 000.00 | 9.1.2020 | 1 704.10 | 0.00 |
| USD | 285 023.14 | JPY | 31 000 000.00 | 9.1.2020 | 1 006.87 | 0.00 |
| USD | 192 718.05 | GBP | 150 000.00 | 9.1.2020 | -1 634.20 | 0.00 |
| USD | 285 121.71 | JPY | 31 000 000.00 | 15.1.2020 | 1 017.86 | 0.00 |
| USD | 143 987.87 | EUR | 130 000.00 | 15.1.2020 | 159.30 | 0.00 |
| USD | 143 934.18 | EUR | 130 000.00 | 9.1.2020 | 157.83 | 0.00 |
| SGD | 1 097 400.00 | USD | 805 926.28 | 5.12.2019 | -3 395.98 | 0.00 |
| USD | 261 294.62 | EUR | 235 000.00 | 9.1.2020 | 1 391.22 | 0.00 |
| USD | 261 394.50 | EUR | 235 000.00 | 15.1.2020 | 1 396.71 | 0.00 |
| USD | 4 615.36 | JPY | 500 000.00 | 9.1.2020 | 34.45 | 0.00 |
| USD | 4 616.90 | JPY | 500 000.00 | 15.1.2020 | 34.58 | 0.00 |
| SGD | 573 700.00 | USD | 421 347.80 | 5.12.2019 | -1 800.11 | 0.00 |
| USD | 116 712.65 | EUR | 105 000.00 | 15.1.2020 | 543.42 | 0.00 |
| USD | 116 669.39 | EUR | 105 000.00 | 9.1.2020 | 542.34 | 0.00 |
| USD | 200 893.53 | AUD | 295 000.00 | 9.1.2020 | 1 134.50 | 0.00 |
| JPY | 11 000 000.00 | USD | 101 673.08 | 15.1.2020 | -862.04 | 0.00 |
| JPY | 11 000 000.00 | USD | 101 639.54 | 9.1.2020 | -859.57 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Devisenterminkontrakte (Fortsetzung)
Devisenterminkontrakte (Kauf/Verkauf)
| USD | 200 922.44 | AUD | 295 000.00 | 15.1.2020 | 1 135.03 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 46 172.95 | JPY | 5 000 000.00 | 9.1.2020 | 363.87 | 0.00 |
| USD | 46 188.31 | JPY | 5 000 000.00 | 15.1.2020 | 365.11 | 0.00 |
| SGD | 8 077 700.00 | USD | 5 918 353.29 | 5.12.2019 | -11 118.89 | 0.00 |
| USD | 342 448.94 | EUR | 310 000.00 | 9.1.2020 | -402.36 | 0.00 |
| USD | 31 908.05 | HKD | 250 000.00 | 15.1.2020 | -15.21 | 0.00 |
| USD | 31 909.47 | HKD | 250 000.00 | 9.1.2020 | -14.43 | 0.00 |
| USD | 342 577.28 | EUR | 310 000.00 | 15.1.2020 | -398.53 | 0.00 |
| USD | 137 848.39 | JPY | 15 000 000.00 | 9.1.2020 | 421.16 | 0.00 |
| USD | 137 895.40 | JPY | 15 000 000.00 | 15.1.2020 | 425.79 | 0.00 |
| SGD | 394 400.00 | USD | 288 880.38 | 5.12.2019 | -455.06 | 0.00 |
| USD | 63 830.17 | HKD | 500 000.00 | 15.1.2020 | -16.36 | 0.00 |
| USD | 63 831.90 | HKD | 500 000.00 | 9.1.2020 | -15.90 | 0.00 |
| JPY | 275 000 000.00 | USD | 2 510 991.29 | 4.12.2019 | 481.20 | 0.00 |
| JPY | 138 500 000.00 | USD | 1 268 833.24 | 15.1.2020 | 469.45 | 0.00 |
| GBP | 3 800 000.00 | USD | 4 921 934.80 | 9.1.2020 | 1 655.48 | 0.00 |
| JPY | 138 500 000.00 | USD | 1 268 411.43 | 9.1.2020 | 499.97 | 0.00 |
| GBP | 3 800 000.00 | USD | 4 922 740.40 | 15.1.2020 | 1 639.72 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | -204 369.01 | -0.04 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 7 605 333.44* | 1.52 |
| Andere Aktiva und Passiva | 7 009 734.95 | 1.39 |
| Total des Nettovermögens | 501 866 143.45 | 100.00 |
| * Zum 30. November 2019 wurden gegenüber UBS AG Bankguthaben in Höhe von USD 80 000 als Sicherheit eingesetzt. |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Halbjahresbericht per 30. November 2019