# UBS (Lux) Bond SICAV – Global Corporates (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2020 | 31.5.2020 | 31.5.2019 |
| Net assets in USD |  | 616 416 521.19 | 514 442 521.54 | 481 560 310.90 |
| Class (CHF hedged) I-A1-acc | LU0390863529 |  |  |  |
| Shares outstanding |  | 268 137.0940 | 264 463.4380 | 229 483.2690 |
| Net asset value per share in CHF |  | 139.46 | 132.47 | 125.33 |
| Issue and redemption price per share in CHF 1 |  | 139.46 | 132.47 | 125.33 |
| Class I-A2-acc 2 | LU0390870227 |  |  |  |
| Shares outstanding |  | - | - | 400 700.2090 |
| Net asset value per share in USD |  | - | - | 109.44 |
| Issue and redemption price per share in USD 1 |  | - | - | 109.44 |
| Class I-A3-acc 3 | LU2203993972 |  |  |  |
| Shares outstanding |  | 500 000.0000 | - | - |
| Net asset value per share in USD |  | 101.14 | - | - |
| Issue and redemption price per share in USD 1 |  | 101.14 | - | - |
| Class I-B-acc | LU0390870730 |  |  |  |
| Shares outstanding |  | 35 859.0230 | 36 456.6000 | 39 051.9810 |
| Net asset value per share in USD |  | 190.56 | 179.41 | 163.65 |
| Issue and redemption price per share in USD 1 |  | 190.56 | 179.41 | 163.65 |
| Class (CHF hedged) I-B-acc | LU0390864253 |  |  |  |
| Shares outstanding |  | 171 894.3260 | 154 864.8530 | 204 133.7840 |
| Net asset value per share in CHF |  | 153.50 | 145.43 | 136.90 |
| Issue and redemption price per share in CHF 1 |  | 153.50 | 145.43 | 136.90 |
| Class (EUR hedged) I-B-acc 4 | LU2198570983 |  |  |  |
| Shares outstanding |  | 42 714.3550 | - | - |
| Net asset value per share in EUR |  | 102.56 | - | - |
| Issue and redemption price per share in EUR 1 |  | 102.56 | - | - |
| Class I-X-acc | LU0390870904 |  |  |  |
| Shares outstanding |  | 924 972.3060 | 926 015.7760 | 921 561.8740 |
| Net asset value per share in USD |  | 191.79 | 180.50 | 164.55 |
| Issue and redemption price per share in USD 1 |  | 191.79 | 180.50 | 164.55 |
| Class (CHF hedged) I-X-acc | LU0390864410 |  |  |  |
| Shares outstanding |  | 791 337.9360 | 823 394.6090 | 882 498.1190 |
| Net asset value per share in CHF |  | 176.74 | 151.53 | 142.55 |
| Issue and redemption price per share in CHF 1 |  | 176.74 | 151.53 | 142.55 |
| Class (EUR hedged) I-X-acc | LU0390868080 |  |  |  |
| Shares outstanding |  | 425 062.0000 | 358 442.8290 | 199 728.4490 |
| Net asset value per share in EUR |  | 134.28 | 127.50 | 119.39 |
| Issue and redemption price per share in EUR 1 |  | 134.28 | 127.50 | 119.39 |
| Class I-X-UKdist | LU1336832081 |  |  |  |
| Shares outstanding |  | 425 007.7300 | 425 710.0630 | 68 364.2440 |
| Net asset value per share in USD |  | 119.04 | 115.33 | 108.50 |
| Issue and redemption price per share in USD 1 |  | 119.04 | 115.33 | 108.50 |
| Class (CHF hedged) U-X-acc | LU0390864766 |  |  |  |
| Shares outstanding |  | 493.3000 | 870.3000 | 928.3000 |
| Net asset value per share in CHF |  | 14 747.84 | 13 967.20 | 13 139.63 |
| Issue and redemption price per share in CHF 1 |  | 14 747.84 | 13 967.20 | 13 139.63 |
| Class U-X-dist | LU0390871035 |  |  |  |
| Shares outstanding |  | 2 993.8160 | 3 015.8160 | 4 355.9030 |
| Net asset value per share in USD |  | 13 078.53 | 12 727.90 | 11 964.02 |
| Issue and redemption price per share in USD 1 |  | 13 078.53 | 12 727.90 | 11 964.02 |
| 1  See note 1 2  The share class I-A2-acc was in circulation until 24.2.2020 3  First NAV: 13.8.2020 4  First NAV: 16.7.2020 |  |  |  |  |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
United States	45.04
United Kingdom	11.92
France	7.36
Australia	4.95
The Netherlands	4.79
Spain	1.71
Canada	1.70
Germany	1.68
Mexico	1.56
Luxembourg	1.27
Ireland	1.22
Japan	1.17
Singapore	1.02
Norway	0.69
Hong Kong	0.65
Denmark	0.65
Belgium	0.64
Italy	0.56
British Virgin Islands	0.55
Austria	0.53
Finland	0.44
Poland	0.34
Switzerland	0.32
Sweden	0.32
New Zealand	0.30
China	0.29
Chile	0.29
Jersey	0.27
Thailand	0.27
Mauritius	0.25
Bermuda	0.23
South Korea	0.23
Philippines	0.21
Saudi Arabia	0.21
Romania	0.20
Indonesia	0.14
Macau	0.13
Brazil	0.13
Cayman Islands	0.12
Portugal	0.10
Curacao	0.07
Economic Breakdown as a % of net assets	
Banks & credit institutions	23.25
Finance & holding companies	20.53
Insurance	6.03
Energy & water supply	5.56
Petroleum	5.47
Pharmaceuticals, cosmetics & medical products	3.65
Telecommunications	3.52
Real Estate	2.66
Tobacco & alcohol	2.41
Traffic & transportation	2.36
Vehicles	1.78
Electrical devices & components	1.72
Internet, software & IT services	1.66
Chemicals	1.52
Computer hardware & network equipment providers	1.50
Food & soft drinks	1.13
Graphic design, publishing & media	1.09
Retail trade, department stores	1.02
Miscellaneous services	0.94
Healthcare & social services	0.91
Miscellaneous unclassified companies	0.88
Mechanical engineering & industrial equipment	0.75
Mining, coal & steel	0.74
Biotechnology	0.66
Miscellaneous consumer goods	0.62
Textiles, garments & leather goods	0.59
Mortgage & funding institutions	0.32
Countries & central governments	0.30
Aerospace industry	0.29
Investment funds	0.20
Miscellaneous trading companies	0.18
Packaging industry	0.14
Lodging, catering & leisure	0.14
Total	94.52
Total	94.52
UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020

## Statement of Net Assets
Assets	30.11.2020
USD
Investments in securities, cost	527 844 667.66
| Investments in securities, unrealized appreciation (depreciation) | 	54 800 687.84	 |
| --- | --- |
| Total investments in securities (Note 1) | 582 645 355.50 |
| Cash at banks, deposits on demand and deposit accounts | 27 456 415.93 |
| Other liquid assets (Margins) | 2 431 157.31 |
| Receivable on subscriptions | 41 806.01 |
| Interest receivable on securities | 5 173 290.68 |
| Interest receivable on liquid assets | 12 511.95 |
| Interest receivable on swaps (Note 1) | 537.50 |
| Unrealized gain on financial futures (Note 1) | 274 027.55 |
| Total Assets | 618 035 102.43 |
|  |  |
| Liabilities |  |
| Unrealized loss on forward foreign exchange contracts (Note 1) | -1 551 179.97 |
| Payable on redemptions | -8 291.77 |
| Provisions for flat fee (Note 2) | -19 980.85 |
| Provisions for taxe d’abonnement (Note 3) | -10 217.78 |
| Provisions for other commissions and fees (Note 2) | 	-28 910.87	 |
| Total provisions | -59 109.50 |
| Total Liabilities | -1 618 581.24 |
|  |  |
| Net assets at the end of the period | 616 416 521.19 |
| Statement of Operations | USD |
| Income | 1.6.2020-30.11.2020 |
| Interest on liquid assets | 12 512.07 |
| Interest on securities | 8 395 173.53 |
| Interest received on swaps (Note 1) | 1 636.39 |
| Income on securities lending (Note 12) | 74 619.80 |
| Other income (Note 4) | 707 046.45 |
| Total income | 9 190 988.24 |
|  |  |
| Expenses |  |
| Flat fee (Note 2) | -195 210.54 |
| Taxe d’abonnement (Note 3) | -30 987.09 |
| Cost on securities lending (Note 12) | -29 847.92 |
| Other commissions and fees (Note 2) | -26 299.23 |
| Interest on cash and bank overdraft | -26 899.49 |
| Total expenses | -309 244.27 |
|  |  |
| Net income (loss) on investments | 8 881 743.97 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 1 309 114.85 |
| Realized gain (loss) on financial futures | -904 993.89 |
| Realized gain (loss) on forward foreign exchange contracts | 4 726 570.36 |
| Realized gain (loss) on swaps | 5.97 |
| Realized gain (loss) on foreign exchange | -1 964 334.15 |
| Total realized gain (loss) | 3 166 363.14 |
|  |  |
| Net realized gain (loss) of the period | 12 048 107.11 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 38 172 547.72 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | -2 016.26 |
| Unrealized appreciation (depreciation) on financial futures | 178 612.78 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -532 110.56 |
| Unrealized appreciation (depreciation) on swaps | -837.93 |
| Total changes in unrealized appreciation (depreciation) | 37 816 195.75 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 49 864 302.86 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020
| Changes in Net Assets |  |
| --- | --- |
|  |  | USD |
|  |  | 1.6.2020-30.11.2020 |
| Net assets at the beginning of the period |  | 514 442 521.54 |
| Subscriptions |  | 111 353 427.30 |
| Redemptions |  | 	-56 516 169.00	 |
| Total net subscriptions (redemptions) |  | 54 837 258.30 |
| Dividend paid |  | -2 727 561.51 |
| Net income (loss) on investments |  | 8 881 743.97 |
| Total realized gain (loss) |  | 3 166 363.14 |
| Total changes in unrealized appreciation (depreciation) |  | 	37 816 195.75	 |
| Net increase (decrease) in net assets as a result of operations |  | 49 864 302.86 |
| Net assets at the end of the period |  | 616 416 521.19 |
| Changes in the Number of Shares outstanding |  |  |
|  |  | 1.6.2020-30.11.2020 |
| Class |  | (CHF hedged) I-A1-acc |
| Number of shares outstanding at the beginning of the period |  | 264 463.4380 |
| Number of shares issued |  | 14 876.1560 |
| Number of shares redeemed |  | -11 202.5000 |
| Number of shares outstanding at the end of the period |  | 268 137.0940 |
| Class |  | I-A3-acc |
| Number of shares outstanding at the beginning of the period |  | 0.0000 |
| Number of shares issued |  | 500 000.0000 |
| Number of shares redeemed |  | 0.0000 |
| Number of shares outstanding at the end of the period |  | 500 000.0000 |
| Class |  | I-B-acc |
| Number of shares outstanding at the beginning of the period |  | 36 456.6000 |
| Number of shares issued |  | 0.0000 |
| Number of shares redeemed |  | -597.5770 |
| Number of shares outstanding at the end of the period |  | 35 859.0230 |
| Class |  | (CHF hedged) I-B-acc |
| Number of shares outstanding at the beginning of the period |  | 154 864.8530 |
| Number of shares issued |  | 73 234.8750 |
| Number of shares redeemed |  | -56 205.4020 |
| Number of shares outstanding at the end of the period |  | 171 894.3260 |
| Class |  | (EUR hedged) I-B-acc |
| Number of shares outstanding at the beginning of the period |  | 0.0000 |
| Number of shares issued |  | 99 507.3030 |
| Number of shares redeemed |  | -56 792.9480 |
| Number of shares outstanding at the end of the period |  | 42 714.3550 |
| Class |  | I-X-acc |
| Number of shares outstanding at the beginning of the period |  | 926 015.7760 |
| Number of shares issued |  | 1 710.8060 |
| Number of shares redeemed |  | -2 754.2760 |
| Number of shares outstanding at the end of the period |  | 924 972.3060 |
| Class |  | (CHF hedged) I-X-acc |
| Number of shares outstanding at the beginning of the period |  | 823 394.6090 |
| Number of shares issued |  | 98 060.5440 |
| Number of shares redeemed |  | -130 117.2170 |
| Number of shares outstanding at the end of the period |  | 791 337.9360 |
| Class |  | (EUR hedged) I-X-acc |
| Number of shares outstanding at the beginning of the period |  | 358 442.8290 |
| Number of shares issued |  | 127 699.5360 |
| Number of shares redeemed |  | -61 080.3650 |
| Number of shares outstanding at the end of the period |  | 425 062.0000 |
| Class |  | I-X-UKdist |
| Number of shares outstanding at the beginning of the period |  | 425 710.0630 |
| Number of shares issued |  | 815.0520 |
| Number of shares redeemed |  | -1 517.3850 |
| Number of shares outstanding at the end of the period |  | 425 007.7300 |
| Class |  | (CHF hedged) U-X-acc |
| Number of shares outstanding at the beginning of the period |  | 870.3000 |
| Number of shares issued |  | 22.0000 |
| Number of shares redeemed |  | -399.0000 |
| Number of shares outstanding at the end of the period |  | 493.3000 |
| Class |  | U-X-dist |
| Number of shares outstanding at the beginning of the period |  | 3 015.8160 |
| Number of shares issued |  | 3.0000 |
| Number of shares redeemed |  | -25.0000 |
| Number of shares outstanding at the end of the period |  | 2 993.8160 |
| Annual Distribution 1 |  |  |
| UBS (Lux) Bond SICAV – Global Corporates (USD)	Ex-Date | Pay-Date | Currency	Amount per share |
| I-X-UKdist	15.6.2020 | 18.6.2020 | USD	3.32 |
| U-X-dist	3.8.2020 | 6.8.2020 | USD	436.11 |
| 1  See note 5 |  |  |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020

## Statement of Investments in Securities and other Net Assets as of 30 November 2020
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	BACARDI LTD-REG-S 2.75000% 13-03.07.23 | 1 150 000.00 | 1 444 012.57 | 0.23 |
| EUR	FISERV INC 1.62500% 19-01.07.30 | 1 950 000.00 | 2 562 802.64 | 0.42 |
| EUR	FORD MOTOR CREDIT CO LLC 1.51400% 19-17.02.23 | 1 300 000.00 | 1 549 228.53 | 0.25 |
| EUR	GOLDMAN SACHS GROUP INC-REG-S 3.37500% 20-27.03.25 | 1 035 000.00 | 1 411 307.24 | 0.23 |
| EUR	LA MONDIALE SAM-REG-S-SUB 2.12500% 20-23.06.31 | 1 000 000.00 | 1 243 679.57 | 0.20 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.12500% 20-11.02.28 | 1 600 000.00 | 1 937 644.96 | 0.31 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.37500% 20-11.02.31 | 1 200 000.00 | 1 466 284.74 | 0.24 |
| EUR	NATIONAL GRID ELECTRICITY TRANS-REG-S 0.19000% 20-20.01.25 | 460 000.00 | 556 786.79 | 0.09 |
| EUR	NISSAN MOTOR CO LTD-REG-S 2.65200% 20-17.03.26 | 830 000.00 | 1 036 416.05 | 0.17 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV 4.50000% 18-01.03.25 | 325 000.00 | 401 035.39 | 0.07 |
| Total EUR |  | 13 609 198.48 | 2.21 |
| GBP |  |  |  |
| GBP	BUPA FINANCE PLC-REG-S 1.75000% 20-14.06.27 | 2 430 000.00 | 3 325 340.67 | 0.54 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 4.12500% 20-14.06.35 | 830 000.00 | 1 228 813.64 | 0.20 |
| Total GBP |  | 4 554 154.31 | 0.74 |
| USD |  |  |  |
| USD	3M CO 2.65000% 20-15.04.25 | 510 000.00 | 552 688.68 | 0.09 |
| USD	ABBOTT LABORATORIES 4.90000% 16-30.11.46 | 1 320 000.00 | 1 972 525.50 | 0.32 |
| USD	ABBVIE INC 2.90000% 13-06.11.22 | 700 000.00 | 731 800.02 | 0.12 |
| USD	ABBVIE INC 4.25000% 18-14.11.28 | 1 060 000.00 | 1 280 053.88 | 0.21 |
| USD	ABBVIE INC 4.87500% 18-14.11.48 | 770 000.00 | 1 048 666.01 | 0.17 |
| USD	ACUITY BRANDS LIGHTING INC 2.15000% 20-15.12.30 | 695 000.00 | 695 611.11 | 0.11 |
| USD	ADOBE INC 2.15000% 20-01.02.27 | 700 000.00 | 752 088.19 | 0.12 |
| USD	AERCAP IRE CAP LTD/GLB AVIA TRUST 4.50000% 20-15.09.23 | 515 000.00 | 551 442.53 | 0.09 |
| USD	AERCAP IRELAND CAP/ GLBL AVIATION TRUST 6.50000% 20-15.07.25 | 815 000.00 | 942 185.23 | 0.15 |
| USD	AIR LEASE CORP 3.37500% 20-01.07.25 | 1 065 000.00 | 1 123 434.52 | 0.18 |
| USD	AIR PRODUCTS & CHEMICALS INC 2.05000% 20-15.05.30 | 550 000.00 | 586 074.89 | 0.09 |
| USD	ALBEMARLE CORPORATION 5.45000% 14-01.12.44 | 950 000.00 | 1 101 729.35 | 0.18 |
| USD	ALIBABA GROUP HOLDING LTD 3.40000% 17-06.12.27 | 630 000.00 | 705 524.40 | 0.11 |
| USD	ALIBABA GROUP HOLDING LTD 4.20000% 17-06.12.47 | 865 000.00 | 1 089 629.69 | 0.18 |
| USD	ALTRIA GROUP INC 4.40000% 19-14.02.26 | 750 000.00 | 868 734.52 | 0.14 |
| USD	ALTRIA GROUP INC 4.80000% 19-14.02.29 | 345 000.00 | 413 273.12 | 0.07 |
| USD	ALTRIA GROUP INC 5.95000% 19-14.02.49 | 820 000.00 | 1 169 777.48 | 0.19 |
| USD	AMAZON.COM INC 2.80000% 18-22.08.24 | 2 300 000.00 | 2 489 932.62 | 0.40 |
| USD	AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 3 160 000.00 | 3 362 726.64 | 0.55 |
| USD	AMGEN INC 4.40000% 15-01.05.45 | 560 000.00 | 712 762.85 | 0.12 |
| USD	ANHEUSER-BUSCH COS 3.65000% 19-01.02.26 | 1 080 000.00 | 1 220 585.87 | 0.20 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.15000% 19-23.01.25 | 465 000.00 | 528 226.84 | 0.09 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.75000% 19-23.01.29 | 1 020 000.00 | 1 253 215.15 | 0.20 |
| USD	ANTHEM INC 3.65000% 17-01.12.27 | 500 000.00 | 573 913.15 | 0.09 |
| USD	APACHE CORP 4.25000% 12-15.01.44 | 1 550 000.00 | 1 488 000.00 | 0.24 |
| USD	APPLE INC 1.80000% 19-11.09.24 | 700 000.00 | 732 374.58 | 0.12 |
| USD	APPLE INC 3.85000% 16-04.08.46 | 1 680 000.00 | 2 167 528.44 | 0.35 |
| USD	APT PIPELINES LTD-REG-S 4.20000% 15-23.03.25 | 1 500 000.00 | 1 653 060.00 | 0.27 |
| USD	APT PIPELINES LTD-REG-S 4.25000% 17-15.07.27 | 780 000.00 | 881 501.40 | 0.14 |
| USD	ARCHER-DANIELS MIDLAND CO 2.75000% 20-27.03.25 | 360 000.00 | 389 658.67 | 0.06 |
| USD	AT&T INC 1.65000% 20-01.02.28 | 450 000.00 | 456 847.52 | 0.07 |
| USD	AT&T INC 4.35000% 19-01.03.29 | 2 220 000.00 | 2 652 523.71 | 0.43 |
| USD	AT&T INC 4.75000% 15-15.05.46 | 1 960 000.00 | 2 430 506.82 | 0.39 |
| USD	BARCLAYS PLC 3.68400% 17-10.01.23 | 1 110 000.00 | 1 145 519.89 | 0.19 |
| USD	BAT CAPITAL CORP 3.55700% 18-15.08.27 | 800 000.00 | 889 380.00 | 0.14 |
| USD	BIOGEN INC 2.25000% 20-01.05.30 | 1 465 000.00 | 1 518 387.68 | 0.25 |
| USD	BP CAPITAL MARKETS AMERICA INC 1.74900% 20-10.08.30 | 1 095 000.00 | 1 103 883.19 | 0.18 |
| USD	BRISTOL MYERS SQUIBB CO 4.25000% 20-26.10.49 | 1 500 000.00 | 2 031 825.75 | 0.33 |
| USD	BRISTOL-MYERS SQUIBB CO 2.60000% 20-16.05.22 | 350 000.00 | 361 813.62 | 0.06 |
| USD	CANADIAN NATURAL RESOURCES LTD 2.95000% 17-15.01.23 | 700 000.00 | 730 057.23 | 0.12 |
| USD	CANADIAN NATURAL RESOURCES LTD 3.85000% 17-01.06.27 | 1 380 000.00 | 1 525 008.19 | 0.25 |
| USD	CCO LLC/CAPITAL 4.50000% 18-01.02.24 | 1 320 000.00 | 1 466 252.70 | 0.24 |
| USD	CENOVUS ENERGY INC 4.25000% 17-15.04.27 | 920 000.00 | 981 046.78 | 0.16 |
| USD	CHEVRON CORP 1.14100% 20-11.05.23 | 140 000.00 | 142 814.88 | 0.02 |
| USD	CHILE, REPUBLIC OF 2.45000% 20-31.01.31 | 485 000.00 | 514 251.56 | 0.08 |
| USD	CIGNA CORP 2.40000% 20-15.03.30 | 535 000.00 | 569 359.95 | 0.09 |
| USD	CIGNA CORP 3.40000% 19-17.09.21 | 1 010 000.00 | 1 034 346.86 | 0.17 |
| USD	CIGNA CORP 4.37500% 19-15.10.28 | 1 120 000.00 | 1 348 162.37 | 0.22 |
| USD	CIGNA CORP 4.90000% 19-15.12.48 | 480 000.00 | 661 470.10 | 0.11 |
| USD	CITIGROUP INC 4.65000% 18-23.07.48 | 1 980 000.00 | 2 752 225.14 | 0.45 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 4.12500% 18-14.03.21 | 465 000.00 | 466 598.43 | 0.08 |
| USD	CNOOC PETROLEUM NORTH AMERICA ULC 6.40000% 07-15.05.37 | 950 000.00 | 1 370 429.91 | 0.22 |
| USD	CNPC GENERAL CAPITAL LTD-REG-S 3.40000% 13-16.04.23 | 650 000.00 | 683 109.38 | 0.11 |
| USD	COCA-COLA FEMSA SA 2.75000% 20-22.01.30 | 1 620 000.00 | 1 753 143.75 | 0.28 |
| USD	COMCAST CORP 3.95000% 18-15.10.25 | 1 000 000.00 | 1 146 563.70 | 0.19 |
| USD	COMCAST CORP 4.15000% 18-15.10.28 | 890 000.00 | 1 071 144.54 | 0.17 |
| USD	COMCAST CORP 4.70000% 18-15.10.48 | 720 000.00 | 1 021 642.27 | 0.17 |
| USD	COMCAST CORP 4.95000% 18-15.10.58 | 550 000.00 | 837 263.68 | 0.14 |
| USD	CONAGRA BRANDS INC 5.40000% 18-01.11.48 | 720 000.00 | 1 038 728.45 | 0.17 |
| USD	CORP NACIONAL DEL COBRE DE CHILE-REG-S 3.62500% 17-01.08.27 | 1 140 000.00 | 1 265 400.00 | 0.21 |
| USD	CREDIT SUISSE GROUP AG-144A 4.28200% 17-09.01.28 | 550 000.00 | 634 777.77 | 0.10 |
| USD	CVS HEALTH CORP 2.62500% 19-15.08.24 | 550 000.00 | 588 661.97 | 0.10 |
| USD	CVS HEALTH CORP 3.35000% 18-09.03.21 | 364 000.00 | 367 050.14 | 0.06 |
| USD	CVS HEALTH CORP 4.30000% 18-25.03.28 | 1 240 000.00 | 1 457 025.30 | 0.24 |
| USD	CVS HEALTH CORP 5.05000% 18-25.03.48 | 610 000.00 | 822 854.26 | 0.13 |
| USD	CVS HEALTH CORP 5.12500% 15-20.07.45 | 1 360 000.00 | 1 831 457.06 | 0.30 |
| USD	DEUTSCHE BANK AG/NEW YORK NY 3.15000% 18-22.01.21 | 1 870 000.00 | 1 876 161.28 | 0.30 |
| USD	DIAMONDBACK ENERGY INC 3.25000% 19-01.12.26 | 610 000.00 | 645 727.21 | 0.10 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | DISCOVERY COMMUNICATIONS LLC 5.30000% 19-15.05.49 | 1 400 000.00 | 1 809 320.38 | 0.29 |
| USD | DXC TECHNOLOGY CO 4.12500% 20-15.04.25 | 330 000.00 | 361 134.74 | 0.06 |
| USD | ELECTRICITE DE FRANCE-REG-S 6.95000% 09-26.01.39 | 525 000.00 | 794 788.15 | 0.13 |
| USD | ENABLE MIDSTREAM PARTNERS LP 3.90000% 15-15.05.24 | 890 000.00 | 894 868.21 | 0.15 |
| USD | ENERGY TRANSFER OPERATING LP 4.50000% 19-15.04.24 | 1 160 000.00 | 1 250 488.12 | 0.20 |
| USD | ENERGY TRANSFER PARTNERS LP 6.05000% 11-01.06.41 | 1 200 000.00 | 1 333 758.23 | 0.22 |
| USD | ENERGY TRANSFER PARTNERS LP 6.00000% 18-15.06.48 | 1 000 000.00 | 1 134 200.10 | 0.18 |
| USD | EXELON CORP 3.40000% 16-15.04.26 | 560 000.00 | 628 780.43 | 0.10 |
| USD | FEDEX CORP 4.55000% 16-01.04.46 | 260 000.00 | 334 517.69 | 0.05 |
| USD | FIRSTENERGY CORP 2.25000% 20-01.09.30 | 760 000.00 | 726 207.25 | 0.12 |
| USD | FISERV INC 3.20000% 19-01.07.26 | 1 550 000.00 | 1 738 187.20 | 0.28 |
| USD | FLEX LTD 4.87500% 20-12.05.30 | 1 220 000.00 | 1 451 134.00 | 0.24 |
| USD | FOMENTO ECONOMICO MEXIC SAB DE CV 3.50000% 20-16.01.50 | 2 530 000.00 | 2 779 331.50 | 0.45 |
| USD | FORD MOTOR CO 8.50000% 20-21.04.23 | 165 000.00 | 184 956.75 | 0.03 |
| USD | FORD MOTOR CO 9.00000% 20-22.04.25 | 195 000.00 | 236 969.85 | 0.04 |
| USD | GE CAPITAL INTL FUNDING CO 4.41800% 16-15.11.35 | 2 910 000.00 | 3 354 695.43 | 0.54 |
| USD | GENERAL ELECTRIC CO 3.45000% 20-01.05.27 | 260 000.00 | 286 120.33 | 0.05 |
| USD | GENERAL ELECTRIC CO 3.62500% 20-01.05.30 | 260 000.00 | 291 669.14 | 0.05 |
| USD | GENERAL ELECTRIC CO 3.15000% 12-07.09.22 | 450 000.00 | 470 355.70 | 0.08 |
| USD | GENERAL MOTORS CO 5.00000% 14-01.04.35 | 510 000.00 | 611 295.23 | 0.10 |
| USD | GENERAL MOTORS CO 6.12500% 20-01.10.25 | 1 650 000.00 | 1 989 182.42 | 0.32 |
| USD | GENERAL MOTORS FINANCIAL CO 4.35000% 18-09.04.25 | 1 900 000.00 | 2 118 882.85 | 0.34 |
| USD | GEORGIA POWER CO 2.10000% 20-30.07.23 | 750 000.00 | 783 283.65 | 0.13 |
| USD | GILEAD SCIENCES INC 4.80000% 14-01.04.44 | 650 000.00 | 853 839.68 | 0.14 |
| USD | GILEAD SCIENCES INC 4.75000% 15-01.03.46 | 725 000.00 | 956 532.73 | 0.15 |
| USD | GOLDMAN SACHS GROUP INC 3.50000% 20-01.04.25 | 3 605 000.00 | 3 990 127.56 | 0.65 |
| USD | HARTFORD FINANCIAL SERVICES GROUP INC 4.40000% 18-15.03.48 | 1 100 000.00 | 1 446 804.92 | 0.23 |
| USD | HCP INC 3.87500% 14-15.08.24 | 800 000.00 | 885 803.20 | 0.14 |
| USD | HSBC HOLDINGS PLC 4.95000% 20-31.03.30 | 445 000.00 | 554 437.25 | 0.09 |
| USD | ILLINOIS TOOL WORKS INC 2.65000% 16-15.11.26 | 1 200 000.00 | 1 325 553.36 | 0.22 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 2 300 000.00 | 2 386 067.38 | 0.39 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 3.30000% 19-15.05.26 | 2 100 000.00 | 2 369 682.42 | 0.38 |
| USD | JPMORGAN CHASE & CO 3.20000% 13-25.01.23 | 6 800 000.00 | 7 206 869.84 | 1.17 |
| USD | KINDER MORGAN INC 3.15000% 17-15.01.23 | 1 050 000.00 | 1 102 491.39 | 0.18 |
| USD | KRAFT HEINZ FOODS CO 5.00000% 13-04.06.42 | 1 000 000.00 | 1 145 922.50 | 0.19 |
| USD | KROGER CO 3.87500% 16-15.10.46 | 240 000.00 | 282 345.79 | 0.05 |
| USD | KROGER CO 4.65000% 17-15.01.48 | 200 000.00 | 263 396.32 | 0.04 |
| USD | LINCOLN NATIONAL CORP 3.80000% 18-01.03.28 | 2 080 000.00 | 2 384 666.76 | 0.39 |
| USD | LLOYDS BANKING GROUP PLC 4.37500% 18-22.03.28 | 1 010 000.00 | 1 197 935.95 | 0.19 |
| USD | LLOYDS BANKING GROUP PLC 4.45000% 18-08.05.25 | 920 000.00 | 1 052 329.30 | 0.17 |
| USD | LOWE’S COS INC 3.00000% 20-15.10.50 | 700 000.00 | 751 775.01 | 0.12 |
| USD | MARATHON OIL CORP 3.85000% 15-01.06.25 | 800 000.00 | 841 863.76 | 0.14 |
| USD | MASCO CORP 2.00000% 20-01.10.30 | 1 140 000.00 | 1 156 608.55 | 0.19 |
| USD | MASCO CORP 4.50000% 17-15.05.47 | 685 000.00 | 859 751.58 | 0.14 |
| USD | MASTERCARD INC 2.00000% 19-03.03.25 | 1 190 000.00 | 1 264 334.30 | 0.20 |
| USD | MEXICHEM SAB DE CV-REG-S 4.00000% 17-04.10.27 | 1 085 000.00 | 1 183 328.13 | 0.19 |
| USD | MEXICHEM SAB DE CV-REG-S 5.50000% 17-15.01.48 | 1 080 000.00 | 1 265 997.60 | 0.21 |
| USD | MICROSOFT CORP 3.70000% 16-08.08.46 | 1 150 000.00 | 1 481 080.97 | 0.24 |
| USD | MORGAN STANLEY 2.50000% 16-21.04.21 | 3 730 000.00 | 3 761 146.62 | 0.61 |
| USD | MPLX LP 5.20000% 17-01.03.47 | 1 070 000.00 | 1 272 633.18 | 0.21 |
| USD | NATWEST GROUP PLC 3.87500% 16-12.09.23 | 1 800 000.00 | 1 950 494.58 | 0.32 |
| USD | NATWEST GROUP PLC 4.80000% 16-05.04.26 | 1 000 000.00 | 1 169 001.20 | 0.19 |
| USD | NATWEST GROUP PLC-SUB 6.10000% 13-10.06.23 | 1 970 000.00 | 2 200 163.58 | 0.36 |
| USD | NIKE INC 2.40000% 20-27.03.25 | 240 000.00 | 257 903.35 | 0.04 |
| USD | NISSAN MOTOR CO LTD-REG-S 4.34500% 20-17.09.27 | 2 890 000.00 | 3 091 895.40 | 0.50 |
| USD | NOBLE ENERGY INC 3.85000% 17-15.01.28 | 650 000.00 | 752 833.90 | 0.12 |
| USD | NOMURA HOLDINGS INC 2.67900% 20-16.07.30 | 420 000.00 | 440 399.40 | 0.07 |
| USD | ORACLE CORP 2.50000% 20-01.04.25 | 550 000.00 | 589 890.84 | 0.10 |
| USD | PAYPAL HOLDINGS INC 2.65000% 19-01.10.26 | 1 050 000.00 | 1 147 191.04 | 0.19 |
| USD | PERRIGO FINANCE UNLIMITED CO 3.15000% 20-15.06.30 | 325 000.00 | 344 359.99 | 0.06 |
| USD | PHILIP MORRIS INTERNATIONAL INC 4.25000% 14-10.11.44 | 600 000.00 | 747 134.88 | 0.12 |
| USD | PHILIP MORRIS INTERNATIONAL INC 1.50000% 20-01.05.25 | 590 000.00 | 609 496.13 | 0.10 |
| USD | PHILIPPINES, REPUBLIC OF THE 2.45700% 20-05.05.30 | 1 225 000.00 | 1 323 000.00 | 0.21 |
| USD | PHILLIPS 66 PARTNERS LP 4.68000% 15-15.02.45 | 450 000.00 | 474 173.01 | 0.08 |
| USD | PLAINS ALL AMERICAN PIPELINE LP 3.80000% 20-15.09.30 | 1 175 000.00 | 1 224 171.52 | 0.20 |
| USD | QUALCOMM INC 4.30000% 17-20.05.47 | 610 000.00 | 823 897.05 | 0.13 |
| USD | RECKITT BENCKISER TREAS SERV-144A 2.37500% 17-24.06.22 | 1 200 000.00 | 1 235 173.32 | 0.20 |
| USD | REYNOLDS AMERICAN INC 5.70000% 15-15.08.35 | 875 000.00 | 1 109 163.21 | 0.18 |
| USD | ROCHE HOLDINGS INC-REG-S 2.62500% 16-15.05.26 | 1 120 000.00 | 1 227 399.26 | 0.20 |
| USD | ROPER TECHNOLOGIES INC 2.00000% 20-30.06.30 | 1 045 000.00 | 1 074 212.03 | 0.17 |
| USD | ROPER TECHNOLOGIES INC 1.00000% 20-15.09.25 | 1 135 000.00 | 1 141 927.36 | 0.18 |
| USD | SANDS CHINA LTD-REG-S 4.37500% 20-18.06.30 | 765 000.00 | 828 648.00 | 0.13 |
| USD | SAUDI ARABIAN OIL CO-REG-S 1.62500% 20-24.11.25 | 215 000.00 | 218 872.15 | 0.04 |
| USD | SCENTRE GROUP TRUST 1 /2-REG-S 2.37500% 15-28.04.21 | 1 000 000.00 | 1 004 259.30 | 0.16 |
| USD | SEMPRA ENERGY 6.00000% 09-15.10.39 | 920 000.00 | 1 316 003.70 | 0.21 |
| USD | SGSP AUSTRALIA ASSETS PTY LTD-REG-S 3.25000% 16-29.07.26 | 1 450 000.00 | 1 590 911.00 | 0.26 |
| USD | SHIMAO PROPERTY HOLDINGS LTD-REG-S 4.60000% 20-13.07.30 | 200 000.00 | 214 000.00 | 0.03 |
| USD | SINOPEC CAPITAL 2013 LTD-REG-S 3.12500% 13-24.04.23 | 1 800 000.00 | 1 879 875.00 | 0.30 |
| USD | SOUTHERN CO 3.25000% 16-01.07.26 | 1 060 000.00 | 1 186 506.34 | 0.19 |
| USD | SOUTHERN CO 4.40000% 16-01.07.46 | 350 000.00 | 451 537.76 | 0.07 |
| USD | SOUTHWEST AIRLINES CO 4.75000% 20-04.05.23 | 585 000.00 | 634 463.27 | 0.10 |
| USD | SOUTHWEST AIRLINES CO 5.12500% 20-15.06.27 | 845 000.00 | 983 354.56 | 0.16 |
| USD | SUMITOMO MITSUI FIN GP INC 2.93400% 16-09.03.21 | 650 000.00 | 654 548.50 | 0.11 |
| USD | SUMITOMO MITSUI FIN GP INC-SUB 3.20200% 19-17.09.29 | 1 150 000.00 | 1 248 417.00 | 0.20 |
| USD | SUNCOR ENERGY INC 3.10000% 20-15.05.25 | 490 000.00 | 533 297.13 | 0.09 |
| USD | SUNCORP-METWAY LTD-REG-S 2.80000% 17-04.05.22 | 700 000.00 | 722 603.00 | 0.12 |
| USD | SYNGENTA FINANCE NV-144A 3.93300% 18-23.04.21 | 1 340 000.00 | 1 353 637.31 | 0.22 |
| USD | TELEFONICA EMISIONES SA 5.52000% 19-01.03.49 | 3 520 000.00 | 4 699 939.55 | 0.76 |
| USD | TEVA PHARMACEUTICAL FINANCE NL III BV 2.80000% 16-21.07.23 | 650 000.00 | 636 167.22 | 0.10 |
| USD | TRUIST FINANCIAL CORP 2.70000% 16-27.01.22 | 1 300 000.00 | 1 333 522.97 | 0.22 |
| USD | UNION PACIFIC CORP 4.05000% 15-15.11.45 | 400 000.00 | 499 894.28 | 0.08 |
| USD | UNITED TECHNOLOGIES CORP 3.95000% 18-16.08.25 | 730 000.00 | 834 409.49 | 0.14 |
| USD | VALE OVERSEAS LTD 3.75000% 20-08.07.30 | 730 000.00 | 801 321.00 | 0.13 |
| USD | VALERO ENERGY CORP 2.85000% 20-15.04.25 | 470 000.00 | 493 879.14 | 0.08 |
| USD | VALERO ENERGY CORP 4.90000% 15-15.03.45 | 1 100 000.00 | 1 283 234.04 | 0.21 |
| USD | VERIZON COMMUNICATIONS INC 3.37600% 18-15.02.25 | 550 000.00 | 610 900.73 | 0.10 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | VIRGINIA ELECTRIC & POWER CO 3.80000% 18-01.04.28 | 430 000.00 | 506 936.38 | 0.08 |
| USD | VISA INC 1.90000% 20-15.04.27 | 770 000.00 | 814 753.94 | 0.13 |
| USD | VODAFONE GROUP PLC 4.37500% 13-19.02.43 | 410 000.00 | 505 066.57 | 0.08 |
| USD | WALT DISNEY CO 1.75000% 19-30.08.24 | 4 280 000.00 | 4 434 755.81 | 0.72 |
| USD | WALT DISNEY CO 6.20000% 19-15.12.34 | 2 050 000.00 | 3 095 215.05 | 0.50 |
| USD | WELLS FARGO & CO 2.10000% 16-26.07.21 | 1 150 000.00 | 1 163 255.48 | 0.19 |
| USD | WELLS FARGO & CO 3.06900% 17-24.01.23 | 1 300 000.00 | 1 337 421.02 | 0.22 |
| USD | WESTPAC BANKING CORP 2.80000% 17-11.01.22 | 480 000.00 | 493 003.20 | 0.08 |
| USD | WESTPAC BANKING CORP-SUB 4.42100% 19-24.07.39 | 1 100 000.00 | 1 408 891.00 | 0.23 |
| USD | WESTPAC BANKING CORP 2.00000% 20-13.01.23 | 650 000.00 | 673 281.70 | 0.11 |
| USD | WILLIAMS COS INC/THE 4.30000% 14-04.03.24 | 1 470 000.00 | 1 613 744.24 | 0.26 |
| USD | WILLIAMS COS INC/THE 4.90000% 14-15.01.45 | 425 000.00 | 497 654.21 | 0.08 |
| USD | WPP FINANCE 2010 3.75000% 14-19.09.24 | 670 000.00 | 737 495.20 | 0.12 |
| USD | XLIT LTD 5.25000% 13-15.12.43 | 503 000.00 | 722 237.58 | 0.12 |
| Total USD |  |  | 211 991 396.64 | 34.39 |
| Total Notes, fixed rate |  | 230 154 749.43 | 37.34 |
| Notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	ENI SPA-REG-S-SUB 3.375%/VAR 20-PRP | 825 000.00 | 1 048 825.31 | 0.17 |
| EUR	JT INTERNATIONAL FINANCIAL-REG-S-SUB 2.375%/VAR 20-07.04.81 | 775 000.00 | 975 447.27 | 0.16 |
| EUR	VIRGIN MONEY UK PLC-REG-S 2.875%/VAR 20-24.06.25 | 955 000.00 | 1 192 521.09 | 0.19 |
| Total EUR |  | 3 216 793.67 | 0.52 |
| GBP |  |  |  |
| GBP	NATWEST GROUP PLC-REG-S-SUB 3.622%/VAR 20-14.08.30 | 570 000.00 | 812 770.69 | 0.13 |
| Total GBP |  | 812 770.69 | 0.13 |
| USD |  |  |  |
| USD	ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 800 000.00 | 808 400.00 | 0.13 |
| USD	BK OF AMERICA CORP 3.004%/VAR 18-20.12.23 | 2 690 000.00 | 2 824 715.20 | 0.46 |
| USD	DEUTSCHE BANK AG/NEW YORK NY 2.222%/VAR 20-18.09.24 | 840 000.00 | 857 298.20 | 0.14 |
| USD	ELECTRICITE DE FRANCE SA-REG-S-SUB 5.625%/VAR 14-PRP | 590 000.00 | 640 952.40 | 0.11 |
| USD	JPMORGAN CHASE & CO 2.739%/VAR 19-15.10.30 | 2 380 000.00 | 2 580 715.87 | 0.42 |
| USD	JPMORGAN CHASE & CO-SUB 2.956%/VAR 20-13.05.31 | 1 625 000.00 | 1 774 041.59 | 0.29 |
| USD	LLOYDS BANKING GROUP PLC 3.574%/3M LIBOR+120.5BP 17-07.11.28 | 1 400 000.00 | 1 571 015.18 | 0.26 |
| USD	NATWEST GROUP PLC 4.519%/VAR 18-25.06.24 | 1 375 000.00 | 1 496 275.55 | 0.24 |
| USD	PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 4.750%/VAR 20-04.09.31 | 375 000.00 | 396 167.25 | 0.06 |
| USD	STANDARD CHARTERED PLC-REG-S 3.885%/VAR 18-15.03.24 | 3 900 000.00 | 4 147 676.13 | 0.67 |
| USD	WESTPAC BANKING CORP-SUB 4.110%/VAR 19-24.07.34 | 1 740 000.00 | 1 966 965.60 | 0.32 |
| Total USD |  | 19 064 222.97 | 3.10 |
| Total Notes, floating rate |  | 23 093 787.33 | 3.75 |
| Medium term notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AURIZON NETWORK PTY LTD-REG-S 4.00000% 17-21.06.24 | 640 000.00 | 513 809.63 | 0.08 |
| AUD	AUSGRID FINANCE PTY LTD 1.81400% 20-05.02.27 | 1 340 000.00 | 1 000 738.24 | 0.16 |
| AUD	BANCO SANTANDER SA 4.00000% 17-19.01.23 | 2 000 000.00 | 1 543 019.75 | 0.25 |
| AUD	LENDLEASE FINANCE LTD-REG-S 3.40000% 20-27.10.27 | 2 060 000.00 | 1 580 600.72 | 0.26 |
| Total AUD |  | 4 638 168.34 | 0.75 |
| EUR |  |  |  |
| EUR	A.P. MOELLER-MAERSK-REG-S 1.75000% 18-16.03.26 | 1 000 000.00 | 1 277 271.26 | 0.21 |
| EUR	ABERTIS INFRAESTRUCTURAS SA-REG-S 2.37500% 19-27.09.27 | 700 000.00 | 925 637.50 | 0.15 |
| EUR	AKELIUS RESIDENTIAL PROPERTY AB-REG-S 1.75000% 17-07.02.25 | 1 100 000.00 | 1 389 505.92 | 0.23 |
| EUR	AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 1 200 000.00 | 1 556 301.18 | 0.25 |
| EUR	AURIZON NETWORK PTY LTD-REG-S 2.00000% 14-18.09.24 | 820 000.00 | 1 052 292.35 | 0.17 |
| EUR	AUSTRALIA PACIFIC AIR MELBOUNRE-REG-S 1.75000% 14-15.10.24 | 850 000.00 | 1 059 943.57 | 0.17 |
| EUR	AUTOSTRADE PER L’ITALIA SPA-REG-S 1.12500% 15-04.11.21 | 210 000.00 | 247 545.51 | 0.04 |
| EUR	BANCO SANTANDER SA-REG-S-SUB 3.25000% 16-04.04.26 | 600 000.00 | 814 553.35 | 0.13 |
| EUR	BANK OF IRELAND GROUP PLC-REG-S 1.37500% 18-29.08.23 | 480 000.00 | 592 772.82 | 0.10 |
| EUR	BANQUE FEDER DU CREDIT MUTUEL-REG-S-SUB 3.00000% 15-11.09.25 | 500 000.00 | 676 660.44 | 0.11 |
| EUR	BANQUE FEDERATIVE DU CREDIT MUT-REG-S 1.37500% 20-02.04.30 | 1 200 000.00 | 1 594 313.20 | 0.26 |
| EUR	BARCLAYS BANK PLC-SUB 6.62500% 11-30.03.22 | 350 000.00 | 454 682.32 | 0.07 |
| EUR	BAT INTERNATIONAL FINANCE PLC-REG-S 0.87500% 15-13.10.23 | 2 600 000.00 | 3 181 634.10 | 0.52 |
| EUR	BNP PARIBAS-REG-S 1.25000% 18-19.03.25 | 3 280 000.00 | 4 122 145.39 | 0.67 |
| EUR	BNP PARIBAS-REG-S 1.00000% 18-17.04.24 | 810 000.00 | 1 003 347.80 | 0.16 |
| EUR	BPCE SA-REG-S 1.37500% 18-23.03.26 | 1 900 000.00 | 2 416 533.33 | 0.39 |
| EUR	CAIXABANK SA-REG-S 0.37500% 20-03.02.25 | 900 000.00 | 1 088 219.98 | 0.18 |
| EUR	CANAL DE ISABEL II GESTION SA-REG-S 1.68000% 15-26.02.25 | 600 000.00 | 761 878.09 | 0.12 |
| EUR	CNH INDUSTRIAL FINANCE EUROPE SA-REG-S 1.87500% 18-19.01.26 | 1 200 000.00 | 1 531 841.28 | 0.25 |
| EUR	COMMERZBANK AG-REG-S 0.62500% 19-28.08.24 | 650 000.00 | 797 973.75 | 0.13 |
| EUR	COVESTRO AG-REG-S 1.37500% 20-12.06.30 | 785 000.00 | 1 006 911.69 | 0.16 |
| EUR	CPI PROPERTY GROUP SA-REG-S 2.75000% 20-12.05.26 | 1 140 000.00 | 1 448 433.61 | 0.23 |
| EUR	CREDIT AGRICOLE SA LONDON-REG-S 1.37500% 18-13.03.25 | 2 600 000.00 | 3 286 936.55 | 0.53 |
| EUR	DAIMLER AG-REG-S 2.00000% 20-22.08.26 | 1 105 000.00 | 1 461 911.90 | 0.24 |
| EUR	DANSKE BANK AS-REG-S 1.37500% 19-24.05.22 | 1 190 000.00 | 1 455 460.70 | 0.24 |
| EUR	DANSKE BANK AS-REG-S-SUB 1.50000% 20-02.09.30 | 680 000.00 | 828 586.21 | 0.14 |
| EUR	DEUTSCHE BANK AG-REG-S 1.12500% 18-30.08.23 | 750 000.00 | 927 922.25 | 0.15 |
| EUR	DEUTSCHE BANK AG-REG-S 1.62500% 19-12.02.21 | 500 000.00 | 600 133.54 | 0.10 |
| EUR	DIAGEO FINANCE PLC-REG-S 2.37500% 14-20.05.26 | 560 000.00 | 757 528.77 | 0.12 |
| EUR	DNB BANK ASA-REG-S 0.05000% 19-14.11.23 | 965 000.00 | 1 163 943.98 | 0.19 |
| EUR	EDP FINANCE BV-REG-S 2.00000% 15-22.04.25 | 550 000.00 | 715 213.96 | 0.12 |
| EUR	EDP FINANCE BV-REG-S 1.50000% 17-22.11.27 | 1 000 000.00 | 1 305 807.81 | 0.21 |
| EUR	ELECTRICITE DE FRANCE-REG-S 2.00000% 19-09.12.49 | 900 000.00 | 1 235 017.05 | 0.20 |
| EUR	ELENIA FINANCE OYJ-REG-S 0.37500% 20-06.02.27 | 680 000.00 | 820 769.28 | 0.13 |
| EUR	ELIA TRANSMISSION BELGIUM SA-REG-S 0.87500% 20-28.04.30 | 500 000.00 | 630 893.82 | 0.10 |
| EUR	FORD MOTOR CREDIT CO LLC 3.02100% 19-06.03.24 | 715 000.00 | 881 890.85 | 0.14 |
| EUR	GALP GAS NATURAL DISTRIBUICAO SA-REG-S 1.37500% 16-19.09.23 | 500 000.00 | 619 112.57 | 0.10 |
| EUR	GAS NETWORKS IRELAND-REG-S 1.37500% 16-05.12.26 | 615 000.00 | 795 810.81 | 0.13 |
| EUR	GAS NETWORKS IRELAND-REG-S 0.12500% 19-04.12.24 | 800 000.00 | 964 141.41 | 0.16 |
| EUR	GLOBALWORTH REAL ESTATE INVEST-REG-S 3.00000% 18-29.03.25 | 1 000 000.00 | 1 242 178.95 | 0.20 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 1.62500% 16-27.07.26 | 1 550 000.00 | 2 001 519.16 | 0.33 |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 2.00000% 18-01.11.28 | 750 000.00 | 1 011 319.51 | 0.16 |
| EUR | HEIDELBERGCEMENT FIN LUX SA-REG-S 1.12500% 19-01.12.27 | 650 000.00 | 824 452.38 | 0.13 |
| EUR | HEINEKEN NV-REG-S 2.25000% 20-30.03.30 | 405 000.00 | 572 153.28 | 0.09 |
| EUR | ING GROEP NV-REG-S 1.12500% 18-14.02.25 | 1 700 000.00 | 2 128 913.03 | 0.35 |
| EUR | KBC GROUP NV-REG-S 1.12500% 19-25.01.24 | 700 000.00 | 868 517.52 | 0.14 |
| EUR | NEW YORK LIFE GLOBAL FUNDING-REG-S 0.25000% 20-23.01.27 | 830 000.00 | 1 011 015.08 | 0.16 |
| EUR | PETROLEOS MEXICANOS-REG-S 3.75000% 17-21.02.24 | 1 600 000.00 | 1 898 369.40 | 0.31 |
| EUR | RAIFFEISEN BANK INTERNATIONAL AG-REG-S 0.25000% 20-22.01.25 | 2 000 000.00 | 2 420 041.79 | 0.39 |
| EUR | REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 1 800 000.00 | 2 339 623.65 | 0.38 |
| EUR | REN FINANCE B V-REG-S 2.50000% 15-12.02.25 | 1 200 000.00 | 1 592 379.52 | 0.26 |
| EUR | RTE EDF TRANSPORT SA-REG-S 1.00000% 16-19.10.26 | 300 000.00 | 382 399.06 | 0.06 |
| EUR | SANOFI-REG-S 1.37500% 18-21.03.30 | 1 100 000.00 | 1 495 295.22 | 0.24 |
| EUR | SGSP AUSTRALIA ASSETS PTY LTD-REG-S 2.00000% 14-30.06.22 | 650 000.00 | 799 322.62 | 0.13 |
| EUR | SKY PLC-REG-S 2.50000% 14-15.09.26 | 660 000.00 | 905 670.48 | 0.15 |
| EUR | STEDIN HOLDING NV-REG-S 0.87500% 17-24.10.25 | 660 000.00 | 826 653.40 | 0.13 |
| EUR | SVENSKA HANDELSBANKEN AB-REG-S 1.00000% 20-15.04.25 | 450 000.00 | 564 890.14 | 0.09 |
| EUR | TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.49100% 20-08.04.27 | 800 000.00 | 1 050 757.39 | 0.17 |
| EUR | TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.99400% 20-08.04.32 | 500 000.00 | 715 373.05 | 0.12 |
| EUR | UNION FENOSA FINANCE BV-REG-S 1.25000% 20-15.01.26 | 800 000.00 | 1 016 033.14 | 0.16 |
| EUR | VODAFONE GROUP PLC-REG-S 2.50000% 19-24.05.39 | 1 200 000.00 | 1 730 899.48 | 0.28 |
| EUR | VOLKSWAGEN FINANCIAL SERVICES AG-REG-S 1.50000% 19-01.10.24 | 1 200 000.00 | 1 505 159.32 | 0.25 |
| Total EUR |  |  | 76 354 416.47 | 12.38 |
| GBP |  |  |  |  |
| GBP | ANGLIAN WATER SERVICES FINANCING-REG-S 4.50000% 13-22.02.26 | 535 000.00 | 813 291.69 | 0.13 |
| GBP | ARQIVA FINANCING PLC-REG-S 4.88200% 13-31.12.32 | 550 000.00 | 708 505.95 | 0.12 |
| GBP | BAT INTERNATIONAL FINANCE PLC-REG-S 2.25000% 16-09.09.52 | 550 000.00 | 588 861.18 | 0.10 |
| GBP | CADENT FINANCE PLC-REG-S 2.75000% 16-22.09.46 | 800 000.00 | 1 194 880.43 | 0.19 |
| GBP | GATWICK FUNDING LTD 5.25000% 12-23.01.26 | 485 000.00 | 714 314.88 | 0.12 |
| GBP | LLOYDS BANKING GROUP PLC 2.25000% 17-16.10.24 | 680 000.00 | 950 774.55 | 0.15 |
| GBP | PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 4.12500% 17-20.07.22 | 1 555 000.00 | 2 160 331.85 | 0.35 |
| GBP | THAMES WATER UTILITIES FINANCE PLC 5.12500% 06-28.09.37 | 800 000.00 | 1 557 870.26 | 0.25 |
| GBP | VICINITY CENTRES TRUST-REG-S 3.37500% 16-07.04.26 | 510 000.00 | 737 027.31 | 0.12 |
| GBP | WESTERN POWER DISTRIBUTION WEST MIDLAND 5.75000% 11-16.04.32 | 310 000.00 | 602 997.90 | 0.10 |
| Total GBP |  |  | 10 028 856.00 | 1.63 |
| USD |  |  |  |  |
| USD | BANK OF AMERICA CORP 3.87500% 15-01.08.25 | 6 440 000.00 | 7 319 928.76 | 1.19 |
| USD | EXPORT IMPORT BANK OF THAILAND-REG-S 1.45700% 20-15.10.25 | 1 650 000.00 | 1 656 297.56 | 0.27 |
| USD | GENERAL ELECTRIC CO 6.75000% 02-15.03.32 | 760 000.00 | 1 037 074.04 | 0.17 |
| USD | MIRVAC GROUP FINANCE LTD-REG-S 3.62500% 17-18.03.27 | 1 765 000.00 | 1 889 414.85 | 0.31 |
| USD | MORGAN STANLEY 4.00000% 15-23.07.25 | 2 200 000.00 | 2 515 687.02 | 0.41 |
| USD | MORGAN STANLEY-SUB 4.35000% 14-08.09.26 | 1 010 000.00 | 1 185 745.15 | 0.19 |
| USD | OVERSEA-CHINESE BANKING CORP-REG-S-SUB 4.25000% 14-19.06.24 | 1 400 000.00 | 1 531 687.50 | 0.25 |
| USD | PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 5.37500% 17-06.07.27 | 785 000.00 | 869 811.40 | 0.14 |
| USD | SAUDI ARABIAN OIL CO-REG-S 2.87500% 19-16.04.24 | 200 000.00 | 211 250.00 | 0.03 |
| USD | SAUDI ARABIAN OIL CO-REG-S 3.50000% 19-16.04.29 | 800 000.00 | 885 000.00 | 0.14 |
| USD | SUN HUNG KAI PROP CAP MRKT LTD-REG-S 2.87500% 20-21.01.30 | 1 700 000.00 | 1 792 141.19 | 0.29 |
| USD | WALT DISNEY CO/THE 1.85000% 16-30.07.26 | 210 000.00 | 220 745.26 | 0.04 |
| USD | WELLS FARGO & CO 2.62500% 17-22.07.22 | 1 510 000.00 | 1 564 478.69 | 0.25 |
| Total USD |  |  | 22 679 261.42 | 3.68 |
| Total Medium term notes, fixed rate |  | 113 700 702.23 | 18.44 |
| Medium term notes, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	APRR SA-REG-S 0.00000% 20-20.01.23 | 1 500 000.00 | 1 804 627.27 | 0.29 |
| EUR	SIEMENS FINANCIERINGSMAATSCH NV-REG-S 0.00000% 20-20.02.23 | 1 400 000.00 | 1 685 458.24 | 0.28 |
| Total EUR |  | 3 490 085.51 | 0.57 |
| Total Medium term notes, zero coupon |  | 3 490 085.51 | 0.57 |
| Medium term notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	ALLIANZ SE-REG-S-SUB 4.750%/3M EURIBOR+360BP 13-PRP | 300 000.00 | 399 814.29 | 0.07 |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 1 600 000.00 | 2 208 682.82 | 0.36 |
| EUR	AXA SA-REG-S-SUB 3.375%/VAR 16-06.07.47 | 1 100 000.00 | 1 508 843.95 | 0.24 |
| EUR	BARCLAYS PLC-REG-S 3.375%/VAR 20-02.04.25 | 1 175 000.00 | 1 547 283.20 | 0.25 |
| EUR	BNP PARIBAS SA-REG-S 1.125%/VAR 20-17.04.29 | 1 100 000.00 | 1 380 963.62 | 0.22 |
| EUR	COMMONWEALTH BK OF AUSTRLIA-REG-S-SUB 1.936%/VAR 17-03.10.29 | 1 000 000.00 | 1 245 615.03 | 0.20 |
| EUR	CREDIT AGRICOLE SA-REG-S 1.000%/VAR 20-22.04.26 | 1 500 000.00 | 1 862 931.97 | 0.30 |
| EUR	CREDIT SUISSE GROUP AG-REG-S 3.250%/VAR 20-02.04.26 | 400 000.00 | 540 993.42 | 0.09 |
| EUR	DBS GROUP HOLDINGS LTD-REG-S-SUB 1.500%/VAR 18-11.04.28 | 1 400 000.00 | 1 708 957.35 | 0.28 |
| EUR	DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 800 000.00 | 966 070.26 | 0.16 |
| EUR	DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 700 000.00 | 864 597.09 | 0.14 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 1 000 000.00 | 1 259 000.50 | 0.20 |
| EUR	LLOYDS BANKING GROUP PLC-REG-S 3.500%/VAR 20-01.04.26 | 555 000.00 | 755 136.18 | 0.12 |
| EUR	NATWEST GROUP PLC-REG-S 2.000%/VAR 18-04.03.25 | 600 000.00 | 757 181.68 | 0.12 |
| EUR	NORDEA BANK ABP-REG-S-SUB 1.000%/VAR 19-27.06.29 | 800 000.00 | 970 070.36 | 0.16 |
| EUR	TOTAL SE-REG-S-SUB 2.625%/VAR 15-PRP | 595 000.00 | 749 922.38 | 0.12 |
| EUR	UBS AG-REG-S-SUB 4.750%/VAR 14-12.02.26 | 665 000.00 | 801 297.46 | 0.13 |
| Total EUR |  | 19 527 361.56 | 3.16 |
| GBP |  |  |  |
| GBP	AVIVA PLC-REG-S-SUB 5.125%VAR 15-04.06.50 | 1 035 000.00 | 1 635 037.08 | 0.27 |
| GBP	BARCLAYS PLC-REG-S 2.375%/VAR 17-06.10.23 | 700 000.00 | 958 730.11 | 0.16 |
| GBP	CYBG PLC-REG-S 3.375%/VAR 18-24.04.26 | 900 000.00 | 1 257 080.41 | 0.20 |
| GBP	IMPERIAL BRANDS FIN-REG-S 9.000%/RATING LINKED 09-17.02.22 | 400 000.00 | 587 936.79 | 0.10 |
| GBP	M&G PLC-REG-S-SUB 5.000%/VAR 15-20.07.55 | 650 000.00 | 1 014 055.92 | 0.16 |
| GBP	YORKSHIRE WATER SERVICES FIN-REG-S 3.750%/VAR 10-22.03.46 | 550 000.00 | 758 934.83 | 0.12 |
| Total GBP |  | 6 211 775.14 | 1.01 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| USD |  |  |  |  |
| USD | DBS GROUP HOLDINGS LTD-REG-S-SUB 3.600%/VAR 16-PRP | 795 000.00 | 801 511.05 | 0.13 |
| USD | DBS GROUP HOLDINGS LTD-REG-S-SUB 3.300%/VAR 20-PRP | 815 000.00 | 825 187.50 | 0.13 |
| USD | MORGAN STANLEY 3.622%/VAR 20-01.04.31 | 2 150 000.00 | 2 505 153.12 | 0.41 |
| USD | UNITED OVERSEAS BANK LTD-REG-S-SUB 3.500%/VAR 16-16.09.26 | 1 400 000.00 | 1 422 806.00 | 0.23 |
| Total USD |  |  | 5 554 657.67 | 0.90 |
| Total Medium term notes, floating rate |  | 31 293 794.37 | 5.07 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ABBOTT IRELAND FINCING DAC-REG-S 0.87500% 18-27.09.23 | 830 000.00 | 1 023 910.16 | 0.17 |
| EUR	ADO PROPERTIES SA-REG-S 1.50000% 17-26.07.24 | 1 600 000.00 | 1 868 349.57 | 0.30 |
| EUR	ALSTRIA OFFICE REIT-AG-REG-S 1.50000% 20-23.06.26 | 800 000.00 | 997 110.22 | 0.16 |
| EUR	AROUNDTOWN SA-REG-S 0.37500% 19-23.09.22 | 500 000.00 | 601 933.82 | 0.10 |
| EUR	BPCE SA-REG-S 0.25000% 20-15.01.26 | 2 100 000.00 | 2 547 941.89 | 0.41 |
| EUR	CHUBB INA HOLDINGS INC 2.50000% 18-15.03.38 | 1 800 000.00 | 2 733 163.17 | 0.44 |
| EUR	COCA-COLA EUROPEAN PARTNERS PLC-REG-S 1.50000% 18-08.11.27 | 1 560 000.00 | 2 026 531.79 | 0.33 |
| EUR	DXC TECHNOLOGY CO 1.75000% 18-15.01.26 | 1 000 000.00 | 1 225 724.59 | 0.20 |
| EUR	FCC AQUALIA SA-REG-S 2.62900% 17-08.06.27 | 535 000.00 | 696 850.71 | 0.11 |
| EUR	GAZPROM PJSC-REG-S 2.95000% 20-15.04.25 | 1 560 000.00 | 1 968 705.96 | 0.32 |
| EUR	HEATHROW FUNDING LTD-REG-S 1.50000% 20-12.10.25 | 765 000.00 | 957 703.39 | 0.15 |
| EUR	IMPERIAL BRANDS FINANCE PLC-REG-S 1.37500% 17-27.01.25 | 945 000.00 | 1 178 944.25 | 0.19 |
| EUR	KRAFT HEINZ FOODS CO-REG-S 2.25000% 16-25.05.28 | 500 000.00 | 629 951.22 | 0.10 |
| EUR	LIBERTY MUTUAL GROUP INC-REG-S 2.75000% 16-04.05.26 | 580 000.00 | 781 576.11 | 0.13 |
| EUR	MEDIOBANCA BANCA DI CREDITO FINAN-REG-S 0.87500% 19-15.01.26 | 600 000.00 | 733 373.48 | 0.12 |
| EUR	POSCO-REG-S 0.50000% 20-17.01.24 | 1 170 000.00 | 1 396 492.48 | 0.23 |
| EUR	RESA SA/BELGIUM-REG-S 1.00000% 16-22.07.26 | 800 000.00 | 987 313.04 | 0.16 |
| EUR	TAURON POLSKA ENERGIA SA-REG-S 2.37500% 17-05.07.27 | 1 660 000.00 | 2 071 324.96 | 0.34 |
| EUR	TDF INFRASTRUCTURE SAS 2.87500% 15-19.10.22 | 500 000.00 | 621 187.85 | 0.10 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV-REG-S 1.12500% 16-15.10.24 | 1 440 000.00 | 1 598 183.01 | 0.26 |
| EUR	TRANSPORT ET INFRASTRUCTURES GAZ-REG-S 2.20000% 15-05.08.25 | 600 000.00 | 792 179.14 | 0.13 |
| EUR	UMG GROUPE VYV 1.62500% 19-02.07.29 | 800 000.00 | 1 007 611.89 | 0.16 |
| EUR	VIATRIS INC-REG-S 3.12500% 16-22.11.28 | 900 000.00 | 1 282 740.76 | 0.21 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 1.12500% 17-02.10.23 | 1 500 000.00 | 1 855 377.79 | 0.30 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 4.12500% 18-16.11.38 | 1 400 000.00 | 2 385 414.19 | 0.39 |
| EUR	VVO-YHTYMA OYJ-REG-S 1.62500% 16-17.10.23 | 760 000.00 | 947 332.97 | 0.15 |
| Total EUR |  | 34 916 928.41 | 5.66 |
| GBP |  |  |  |
| GBP	BARCLAYS BANK PLC-SUB 9.50000% 96-07.08.21 | 950 000.00 | 1 339 436.31 | 0.22 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 5.00000% 13-25.04.23 | 330 000.00 | 478 020.82 | 0.08 |
| GBP	NORTHUMBRIAN WATER FINANCE PLC-REG-S 1.62500% 16-11.10.26 | 560 000.00 | 779 373.78 | 0.13 |
| GBP	ROTHESAY LIFE PLC-REG-S-SUB 3.37500% 19-12.07.26 | 2 670 000.00 | 3 734 702.54 | 0.60 |
| GBP	SCOTTISH WIDOWS PLC-REG-S-SUB 5.50000% 13-16.06.23 | 720 000.00 | 1 060 117.66 | 0.17 |
| Total GBP |  | 7 391 651.11 | 1.20 |
| USD |  |  |  |
| USD	AMERICAN AIRLINES PASS THROUGH TRUST 4.37500% 14-01.10.22 | 776 000.00 | 262 655.56 | 0.04 |
| USD	BALTIMORE GAS & ELECTRIC CO 3.50000% 16-15.08.46 | 760 000.00 | 887 872.21 | 0.14 |
| USD	CITIGROUP INC 3.87500% 13-25.10.23 | 4 390 000.00 | 4 823 869.40 | 0.78 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 3.50000% 17-19.07.22 | 700 000.00 | 704 593.75 | 0.11 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 4.62500% 18-14.03.23 | 800 000.00 | 826 250.00 | 0.13 |
| USD	CONSUMERS ENERGY COMPANY 3.25000% 16-15.08.46 | 390 000.00 | 446 235.42 | 0.07 |
| USD	GENERAL MOTORS CO 6.60000% 16-01.04.36 | 1 055 000.00 | 1 427 357.19 | 0.23 |
| USD	GOLDMAN SACHS GROUP INC-SUB 5.15000% 15-22.05.45 | 1 100 000.00 | 1 543 517.36 | 0.25 |
| USD	KROGER CO 3.70000% 17-01.08.27 | 1 200 000.00 | 1 388 272.32 | 0.23 |
| USD	MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 737 000.00 | 723 100.18 | 0.12 |
| USD	MITSUBISHI UFJ FINANCIAL GROUP INC 2.66500% 17-25.07.22 | 700 000.00 | 724 717.00 | 0.12 |
| USD	NATL RURAL UTIL COOPERATIVE FIN CORP 3.70000% 19-15.03.29 | 560 000.00 | 655 055.91 | 0.11 |
| USD	PACIFIC GAS & ELECTRIC CO 2.10000% 20-01.08.27 | 1 035 000.00 | 1 040 808.62 | 0.17 |
| USD	PACIFIC GAS & ELECTRIC CO 2.50000% 20-01.02.31 | 1 025 000.00 | 1 030 991.12 | 0.17 |
| USD	PACIFICORP 2.70000% 20-15.09.30 | 205 000.00 | 226 125.72 | 0.04 |
| USD	PACIFICORP 6.00000% 09-15.01.39 | 1 270 000.00 | 1 903 235.46 | 0.31 |
| USD	REYNOLDS AMERICAN INC 4.45000% 15-12.06.25 | 900 000.00 | 1 026 497.07 | 0.17 |
| USD	SHELL INTERNATIONAL FINANCE BV 4.37500% 15-11.05.45 | 880 000.00 | 1 134 827.85 | 0.18 |
| USD	SOUTHERN CALIFORNIA EDISON CO 4.00000% 17-01.04.47 | 740 000.00 | 875 399.28 | 0.14 |
| USD	SOUTHERN CALIFORNIA EDISON CO 3.70000% 18-01.08.25 | 630 000.00 | 706 621.92 | 0.11 |
| USD	SOUTHERN CALIFORNIA EDISON CO 2.85000% 19-01.08.29 | 690 000.00 | 746 719.10 | 0.12 |
| USD	STAR ENERGY GEOTHERMAL DARAJAT II-REG-S 4.85000% 20-14.10.38 | 805 000.00 | 875 689.07 | 0.14 |
| USD	SUNCOR ENERGY INC 6.50000% 07-15.06.38 | 1 190 000.00 | 1 587 848.42 | 0.26 |
| USD	UPL CORP LTD-REG-S 4.62500% 20-16.06.30 | 1 430 000.00 | 1 527 865.62 | 0.25 |
| Total USD |  | 27 096 125.55 | 4.39 |
| Total Bonds, fixed rate |  | 69 404 705.07 | 11.25 |
| Bonds, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AG INSURANCE SA/NV-REG-S-SUB 3.500%/VAR 15-30.06.47 | 1 100 000.00 | 1 487 981.88 | 0.24 |
| EUR	ALLIANDER NV-REG-S-SUB 1.625%/VAR 18-PRP | 365 000.00 | 458 727.45 | 0.07 |
| EUR	BP CAPITAL MARKETS PLC-REG-S 3.250%/VAR 20-PRP | 1 080 000.00 | 1 377 566.79 | 0.22 |
| EUR	BP CAPITAL MARKETS PLC-REG-S-SUB 3.625%/VAR 20-PRP | 865 000.00 | 1 129 130.56 | 0.18 |
| EUR	CREDIT LOGEMENT SA-SUB 4.60400%/3M EURIBOR+115BP 06-PRP | 900 000.00 | 961 194.31 | 0.17 |
| EUR	ELECTRICITE DE FRANCE SA-REG-S-SUB 4.000%/VAR 18-PRP | 700 000.00 | 905 419.10 | 0.15 |
| EUR	ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 490 000.00 | 630 098.35 | 0.10 |
| EUR	ENGIE SA-REG-S-SUB 3.250%/VAR 19-PRP | 300 000.00 | 389 363.10 | 0.06 |
| EUR	OMV AG-REG-S-SUB 2.875%/VAR 18-PRP | 700 000.00 | 871 118.30 | 0.14 |
| EUR	ORSTED A/S-REG-S-SUB 2.250%/VAR 17-24.11.3017 | 340 000.00 | 424 420.14 | 0.07 |
| EUR	SWISS LIFE AG VIA DEMETER INV BV-SUB 4.375%/VAR 15-PRP | 1 000 000.00 | 1 352 442.86 | 0.22 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.125%/VAR 18-PRP | 600 000.00 | 667 479.60 | 0.11 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.875%/VAR 18-PRP | 600 000.00 | 670 458.14 | 0.11 |
| EUR	VOLKSWAGEN INTL FINANCE NV-REG-S-SUB 3.375%/VAR 18-PRP | 1 400 000.00 | 1 750 040.60 | 0.28 |
| EUR	VONOVIA FINANCE BV-REG-S-SUB 4.000%/VAR 14-PRP | 600 000.00 | 742 897.61 | 0.12 |
| Total EUR |  | 13 818 338.79 | 2.24 |
| UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020 |  |  |  |

|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| GBP |  |  |  |  |
| GBP | M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 2 070 000.00 | 3 247 435.14 | 0.53 |
| Total GBP |  |  | 3 247 435.14 | 0.53 |
| USD |  |  |  |  |
| USD | BP CAPITAL MARKETS PLC-SUB 4.875%/VAR 20-PRP | 1 135 000.00 | 1 251 678.00 | 0.20 |
| USD | HUANENG HONG KONG CAPITAL LTD-REG-S 3.600%/VAR 17-PRP | 800 000.00 | 806 750.00 | 0.13 |
| USD | QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 2 070 000.00 | 2 334 835.80 | 0.38 |
| USD | SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 1 800 000.00 | 1 884 708.00 | 0.31 |
| USD | WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 1 780 000.00 | 1 839 167.20 | 0.30 |
| Total USD |  |  | 8 117 139.00 | 1.32 |
| Total Bonds, floating rate |  | 25 182 912.93 | 4.09 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 496 320 736.87 | 80.51 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Notes, fixed rate |  |  |  |
| CAD |  |  |  |
| CAD	ROYAL BANK OF CANADA 1.65000% 16-15.07.21 | 2 600 000.00 | 2 022 899.91 | 0.33 |
| CAD	TELUS CORP 3.75000% 14-17.01.25 | 310 000.00 | 263 101.71 | 0.04 |
| Total CAD |  | 2 286 001.62 | 0.37 |
| USD |  |  |  |
| USD	ABB FINANCE USA INC 2.87500% 12-08.05.22 | 800 000.00 | 828 238.80 | 0.13 |
| USD	ABBVIE INC 4.40000% 13-06.11.42 | 800 000.00 | 1 006 385.60 | 0.16 |
| USD	AKER BP ASA-144A 3.00000% 20-15.01.25 | 1 045 000.00 | 1 062 729.37 | 0.17 |
| USD	ALTRIA GROUP INC 4.25000% 12-09.08.42 | 2 240 000.00 | 2 547 901.00 | 0.41 |
| USD	AT&T INC-144A 3.55000% 20-15.09.55 | 1 469 000.00 | 1 505 687.69 | 0.24 |
| USD	AUSTRALIA & NEW ZEALAND BNK-REG-S-SUB 4.50000% 14-19.03.24 | 1 000 000.00 | 1 101 902.50 | 0.18 |
| USD	BNP PARIBAS-144A 4.40000% 18-14.08.28 | 1 160 000.00 | 1 374 081.14 | 0.22 |
| USD	BRISTOL-MYERS SQUIBB CO 3.87500% 20-15.08.25 | 1 150 000.00 | 1 310 814.04 | 0.21 |
| USD	BROADCOM INC 3.15000% 20-15.11.25 | 985 000.00 | 1 070 288.39 | 0.17 |
| USD	BROADCOM INC 4.70000% 20-15.04.25 | 470 000.00 | 538 011.40 | 0.09 |
| USD	BURLINGTON NORTHERN SANTA FE LLC 5.40000% 11-01.06.41 | 830 000.00 | 1 208 087.66 | 0.20 |
| USD	CCO LLC/CAPITAL 5.37500% 17-01.05.47 | 475 000.00 | 602 560.07 | 0.10 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 3.30000% 18-01.05.23 | 2 250 000.00 | 2 380 496.40 | 0.39 |
| USD	CITIGROUP INC-SUB 4.60000% 16-09.03.26 | 550 000.00 | 642 442.46 | 0.10 |
| USD	COLONIAL ENTERPRISES INC-144A 3.25000% 20-15.05.30 | 780 000.00 | 873 508.12 | 0.14 |
| USD	COSTCO WHOLESALE CORP 1.60000% 20-20.04.30 | 325 000.00 | 333 255.32 | 0.05 |
| USD	CREDIT SUISSE NEW YORK 3.00000% 14-29.10.21 | 700 000.00 | 717 084.48 | 0.12 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 5.30000% 19-01.10.29 | 2 140 000.00 | 2 586 940.50 | 0.42 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 5.85000% 20-15.07.25 | 520 000.00 | 618 856.32 | 0.10 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 8.35000% 16-15.07.46 | 1 500 000.00 | 2 192 521.50 | 0.36 |
| USD	DIAGEO CAPITAL PLC 3.87500% 13-29.04.43 | 600 000.00 | 750 557.04 | 0.12 |
| USD	EATON CORP 4.15000% 13-02.11.42 | 760 000.00 | 956 883.32 | 0.15 |
| USD	ENLINK MIDSTREAM PARTNERS LP 4.40000% 14-01.04.24 | 970 000.00 | 934 789.00 | 0.15 |
| USD	ENTERPRISE PRODUCTS OPERATING LLC 4.85000% 13-15.03.44 | 750 000.00 | 918 320.25 | 0.15 |
| USD	ERAC USA FINANCE LLC-144A 5.62500% 12-15.03.42 | 650 000.00 | 907 198.69 | 0.15 |
| USD	GENERAL ELECTRIC CO 4.12500% 12-09.10.42 | 34 000.00 | 38 533.19 | 0.01 |
| USD	GLENCORE FUNDING LLC-144A 4.87500% 19-12.03.29 | 1 080 000.00 | 1 279 580.00 | 0.21 |
| USD	HOME DEPOT INC/THE 4.87500% 13-15.02.44 | 560 000.00 | 795 821.26 | 0.13 |
| USD	INFOR INC-144A 1.75000% 20-15.07.25 | 655 000.00 | 678 862.57 | 0.11 |
| USD	JPMORGAN CHASE & CO-SUB 3.62500% 16-01.12.27 | 1 610 000.00 | 1 826 041.72 | 0.30 |
| USD	KINDER MORGAN INC-144A 5.62500% 13-15.11.23 | 700 000.00 | 791 204.61 | 0.13 |
| USD	LIBERTY MUTUAL GROUP INC-144A 4.56900% 19-01.02.29 | 1 020 000.00 | 1 251 072.93 | 0.20 |
| USD	MERCK & CO INC 3.70000% 15-10.02.45 | 290 000.00 | 365 316.74 | 0.06 |
| USD	METROPOLITAN LIFE GLOBAL FUNDING-144A 2.40000% 18-08.01.21 | 1 000 000.00 | 1 002 126.10 | 0.16 |
| USD	MICROSOFT CORP 3.50000% 12-15.11.42 | 650 000.00 | 813 487.41 | 0.13 |
| USD	MORGAN STANLEY 6.37500% 12-24.07.42 | 520 000.00 | 851 158.41 | 0.14 |
| USD	MPLX LP 4.25000% 20-01.12.27 | 430 000.00 | 488 331.26 | 0.08 |
| USD	NXP BV / NXP FDNG LLC / NXP USA-144A 2.70000% 20-01.05.25 | 190 000.00 | 203 952.82 | 0.03 |
| USD	ONCOR ELECTRIC DELIVERY CO 3.70000% 19-15.11.28 | 440 000.00 | 518 191.91 | 0.08 |
| USD	ORIGIN ENERGY FINANCE LTD-REG-S 5.45000% 11-14.10.21 | 840 000.00 | 872 163.60 | 0.14 |
| USD	OTIS WORLDWIDE CORP 2.56500% 20-15.02.30 | 1 010 000.00 | 1 084 854.64 | 0.18 |
| USD	PPL CAPITAL FUNDING INC 4.70000% 13-01.06.43 | 1 250 000.00 | 1 558 718.75 | 0.25 |
| USD	SOUTHWESTERN ELECTRIC POWER 6.20000% 10-15.03.40 | 1 640 000.00 | 2 379 140.13 | 0.39 |
| USD	STATE STREET CORP 2.90100% 20-30.03.26 | 985 000.00 | 1 071 192.22 | 0.17 |
| USD	SWISS RE TREASURY (US) CORP-144A 4.25000% 12-06.12.42 | 700 000.00 | 874 566.35 | 0.14 |
| USD	TEACHERS INSURANCE&ANNUITY ASS-144A-SUB 4.90000% 14-15.09.44 | 720 000.00 | 965 098.15 | 0.16 |
| USD	TEVA PHARMACEUTICAL FINANCE IV LLC 3.65000% 11-10.11.21 | 400 000.00 | 403 000.00 | 0.07 |
| USD	UNICREDIT SPA-REG-S 3.75000% 17-12.04.22 | 1 400 000.00 | 1 449 923.30 | 0.24 |
| USD	UNITD AIRLNS 2016-1 CL B PAS THRUGH TRT 3.65000% 17-07.01.26 | 355 000.00 | 237 908.73 | 0.04 |
| USD	UPJOHN INC-144A 2.70000% 20-22.06.30 | 580 000.00 | 615 942.54 | 0.10 |
| USD	VERIZON COMMUNICATIONS INC-144A 2.98700% 20-30.10.56 | 543 379.20 | 575 571.05 | 0.09 |
| USD	VIACOMCBS INC 4.75000% 20-15.05.25 | 2 455 000.00 | 2 844 451.14 | 0.46 |
| USD	VIRGINIA ELECTRIC & POWER CO 4.00000% 16-15.11.46 | 720 000.00 | 959 552.42 | 0.16 |
| USD	XCEL ENERGY INC 4.80000% 11-15.09.41 | 1 630 000.00 | 2 068 027.94 | 0.34 |
| Total USD |  | 57 833 332.95 | 9.38 |
| Total Notes, fixed rate |  | 60 119 334.57 | 9.75 |
| Medium term notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AUSGRID FINANCE PTY LTD-REG-S 3.75000% 17-30.10.24 | 900 000.00 | 725 323.45 | 0.12 |
| AUD	OPTUS FINANCE PTY LTD-REG-S 2.50000% 20-01.07.30 | 1 410 000.00 | 1 110 002.48 | 0.18 |
| Total AUD |  | 1 835 325.93 | 0.30 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| CAD |  |  |  |  |
| CAD | BELL CANADA 4.75000% 14-29.09.44 | 280 000.00 | 269 708.77 | 0.04 |
| CAD | SUNCOR ENERGY INC 3.00000% 16-14.09.26 | 710 000.00 | 585 198.01 | 0.10 |
| Total CAD |  |  | 854 906.78 | 0.14 |
| GBP |  |  |  |  |
| GBP | NATIONAL GRID ELECTRICITY TRANSMISSION 4.00000% 12-08.06.27 | 570 000.00 | 912 521.28 | 0.15 |
| Total GBP |  |  | 912 521.28 | 0.15 |
| Total Medium term notes, fixed rate |  | 3 602 753.99 | 0.59 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AUSTRALIA & NEW ZEALAND BANK-REG-S-SUB 2.950%VAR 20-22.07.30 | 1 335 000.00 | 1 396 463.40 | 0.23 |
| Total USD |  | 1 396 463.40 | 0.23 |
| Total Medium term notes, floating rate |  | 1 396 463.40 | 0.23 |
| Bonds, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	NSW ELECTRICITY NETWORKS FINANCE PTY 2.54300% 20-23.09.30 | 1 630 000.00 | 1 227 068.57 | 0.20 |
| Total AUD |  | 1 227 068.57 | 0.20 |
| JPY |  |  |  |
| JPY	BERKSHIRE HATHAWAY FINANCE CORP 0.44000% 19-13.09.29 | 280 000 000.00 | 2 588 476.24 | 0.42 |
| Total JPY |  | 2 588 476.24 | 0.42 |
| USD |  |  |  |
| USD	COMCAST CORP 4.75000% 14-01.03.44 | 420 000.00 | 582 174.10 | 0.09 |
| USD	DUKE ENERGY CAROLINAS LLC 4.00000% 12-30.09.42 | 1 140 000.00 | 1 404 821.20 | 0.23 |
| USD	FIVE CORNERS FUNDING TRUST-144A 4.41900% 13-15.11.23 | 2 480 000.00 | 2 759 671.09 | 0.45 |
| USD	MONONGAHELA POWER CO-144A 5.40000% 13-15.12.43 | 620 000.00 | 857 801.87 | 0.14 |
| USD	PHILLIPS 66 4.65000% 14-15.11.34 | 650 000.00 | 765 021.01 | 0.12 |
| USD	TIME WARNER CABLE LLC 4.50000% 12-15.09.42 | 700 000.00 | 807 559.48 | 0.13 |
| Total USD |  | 7 177 048.75 | 1.16 |
| Total Bonds, fixed rate |  | 10 992 593.56 | 1.78 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 76 111 145.52 | 12.35 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Notes, fixed rate
| EUR |  |
| --- | --- |
| EUR | ABBVIE INC 2.12500% 20-01.06.29 | 610 000.00 | 833 293.92 | 0.13 |
| EUR | ABBVIE INC 2.62500% 20-15.11.28 | 605 000.00 | 857 079.09 | 0.14 |
| Total EUR |  |  | 1 690 373.01 | 0.27 |
| USD |  |  |  |  |
| USD | ABBVIE INC 3.45000% 20-15.03.22 | 885 000.00 | 914 242.70 | 0.15 |
| USD | ABBVIE INC 4.75000% 20-15.03.45 | 260 000.00 | 341 529.50 | 0.06 |
| USD | TECK RESOURCES LTD 3.90000% 20-15.07.30 | 555 000.00 | 605 561.06 | 0.10 |
| Total USD |  |  | 1 861 333.26 | 0.31 |
| Total Notes, fixed rate |  | 3 551 706.27 | 0.58 |
| Bonds, floating rate |  |  |  |
| USD |  |  |  |
| USD	SCENTRE GROUP TRUST 2-REG-S-SUB 4.750%/VAR 20-24.09.80 | 1 430 000.00 | 1 485 984.50 | 0.24 |
| Total USD |  | 1 485 984.50 | 0.24 |
| Total Bonds, floating rate |  | 1 485 984.50 | 0.24 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market |  | 5 037 690.77 | 0.82 |
| Recently issued transferable securities and money market instruments |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AKER BP ASA-144A 4.00000% 20-15.01.31 | 1 990 000.00 | 2 010 166.46 | 0.33 |
| USD	CAMERON LNG LLC-144A 3.30200% 19-15.01.35 | 930 000.00 | 1 046 911.23 | 0.17 |
| USD	CARRIER GLOBAL CORP-144A 2.72200% 20-15.02.30 | 730 000.00 | 777 711.41 | 0.13 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 5.12500% 20-01.04.25 | 650 000.00 | 762 391.56 | 0.12 |
| USD	NXP BV / NXP FDNG LLC / NXP USA-144A 3.15000% 20-01.05.27 | 530 000.00 | 578 601.68 | 0.09 |
| Total USD |  | 5 175 782.34 | 0.84 |
| Total Notes, fixed rate |  | 5 175 782.34 | 0.84 |
| Total Recently issued transferable securities and money market instruments |  | 5 175 782.34 | 0.84 |
| Total investments in securities |  | 582 645 355.50 | 94.52 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020
| 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 listed on an official stock exchange Financial Futures on bonds |  |  |  |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.12.20 | -80.00 | -111 964.32 | -0.02 |
| EUR	EURO-BOBL FUTURE 08.12.20 | -27.00 | 2 260.82 | 0.00 |
| GBP	LONG GILT FUTURE 29.03.21 | -48.00 | -7 049.06 | 0.00 |
| AUD	AUSTRALIA 10YR BOND FUTURE 15.12.20 | 166.00 | 105 805.51 | 0.02 |
| CAD	CAN 10YR BOND FUTURE 22.03.21 | 76.00 | 24 045.07 | 0.00 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 22.03.21 | 52.00 | 30 875.00 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 31.03.21 | 325.00 | 48 242.03 | 0.01 |
| USD	US 10YR ULTRA NOTE FUTURE 22.03.21 | 42.00 | 26 250.00 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.21 | 524.00 | 155 562.50 | 0.03 |
| Total Financial Futures on bonds |  | 274 027.55 | 0.04 |
| Total Derivative instruments listed on an official stock exchange |  | 274 027.55 | 0.04 |
| Total Derivative instruments |  | 274 027.55 | 0.04 |
| Forward Foreign Exchange contracts Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |  |

| USD | 3 461 735.85 | JPY | 362 900 000.00 | 4.12.2020 | -18 530.32 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 8 645 406.14 | AUD | 12 160 000.00 | 4.12.2020 | -314 791.19 | -0.05 |
| USD | 172 545 686.05 | EUR | 147 480 000.00 | 4.12.2020 | -3 874 559.53 | -0.63 |
| CHF | 188 414 700.00 | USD | 205 848 863.66 | 4.12.2020 | 2 280 931.13 | 0.37 |
| EUR | 59 068 600.00 | USD | 69 107 893.35 | 4.12.2020 | 1 551 836.23 | 0.25 |
| USD | 3 748 111.69 | CAD | 4 930 000.00 | 4.12.2020 | -56 203.98 | -0.01 |
| USD | 40 211 554.85 | GBP | 30 990 000.00 | 4.12.2020 | -1 161 954.53 | -0.19 |
| EUR | 683 500.00 | USD | 808 199.93 | 4.12.2020 | 9 424.41 | 0.00 |
| CHF | 3 165 200.00 | USD | 3 467 773.65 | 4.12.2020 | 28 622.47 | 0.01 |
| CHF | 2 488 100.00 | USD | 2 734 522.60 | 4.12.2020 | 13 924.00 | 0.00 |
| USD | 1 987 828.22 | EUR | 1 670 000.00 | 4.12.2020 | -9 878.66 | 0.00 |
| Total Forward Foreign Exchange contracts | -1 551 179.97 | -0.25 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 29 887 573.24 | 4.85 |
| Other assets and liabilities | 5 160 744.87 | 0.84 |
| Total net assets | 616 416 521.19 | 100.00 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Semi-Annual Report as of 30 November 2020

Translation (ENFR, 2020-11-30):
# UBS (Lux) Bond SICAV – Global Corporates (USD)
| Données principales |  |
| --- | --- |
|  | ISIN | 30.11.2020 | 31.5.2020 | 31.5.2019 |
| Actif net en USD |  | 616 416 521.19 | 514 442 521.54 | 481 560 310.90 |
| Catégorie (CHF hedged) I-A1-acc | LU0390863529 |  |  |  |
| Actions en circulation |  | 268 137.0940 | 264 463.4380 | 229 483.2690 |
| Valeur nette d’inventaire par action en CHF |  | 139.46 | 132.47 | 125.33 |
| Prix d’émission et de rachat par action en CHF 1 |  | 139.46 | 132.47 | 125.33 |
| Catégorie I-A2-acc 2 | LU0390870227 |  |  |  |
| Actions en circulation |  | - | - | 400 700.2090 |
| Valeur nette d’inventaire par action en USD |  | - | - | 109.44 |
| Prix d’émission et de rachat par action en USD 1 |  | - | - | 109.44 |
| Catégorie I-A3-acc 3 | LU2203993972 |  |  |  |
| Actions en circulation |  | 500 000.0000 | - | - |
| Valeur nette d’inventaire par action en USD |  | 101.14 | - | - |
| Prix d’émission et de rachat par action en USD 1 |  | 101.14 | - | - |
| Catégorie I-B-acc | LU0390870730 |  |  |  |
| Actions en circulation |  | 35 859.0230 | 36 456.6000 | 39 051.9810 |
| Valeur nette d’inventaire par action en USD |  | 190.56 | 179.41 | 163.65 |
| Prix d’émission et de rachat par action en USD 1 |  | 190.56 | 179.41 | 163.65 |
| Catégorie (CHF hedged) I-B-acc | LU0390864253 |  |  |  |
| Actions en circulation |  | 171 894.3260 | 154 864.8530 | 204 133.7840 |
| Valeur nette d’inventaire par action en CHF |  | 153.50 | 145.43 | 136.90 |
| Prix d’émission et de rachat par action en CHF 1 |  | 153.50 | 145.43 | 136.90 |
| Catégorie (EUR hedged) I-B-acc 4 | LU2198570983 |  |  |  |
| Actions en circulation |  | 42 714.3550 | - | - |
| Valeur nette d’inventaire par action en EUR |  | 102.56 | - | - |
| Prix d’émission et de rachat par action en EUR 1 |  | 102.56 | - | - |
| Catégorie I-X-acc | LU0390870904 |  |  |  |
| Actions en circulation |  | 924 972.3060 | 926 015.7760 | 921 561.8740 |
| Valeur nette d’inventaire par action en USD |  | 191.79 | 180.50 | 164.55 |
| Prix d’émission et de rachat par action en USD 1 |  | 191.79 | 180.50 | 164.55 |
| Catégorie (CHF hedged) I-X-acc | LU0390864410 |  |  |  |
| Actions en circulation |  | 791 337.9360 | 823 394.6090 | 882 498.1190 |
| Valeur nette d’inventaire par action en CHF |  | 176.74 | 151.53 | 142.55 |
| Prix d’émission et de rachat par action en CHF 1 |  | 176.74 | 151.53 | 142.55 |
| Catégorie (EUR hedged) I-X-acc | LU0390868080 |  |  |  |
| Actions en circulation |  | 425 062.0000 | 358 442.8290 | 199 728.4490 |
| Valeur nette d’inventaire par action en EUR |  | 134.28 | 127.50 | 119.39 |
| Prix d’émission et de rachat par action en EUR 1 |  | 134.28 | 127.50 | 119.39 |
| Catégorie I-X-UKdist | LU1336832081 |  |  |  |
| Actions en circulation |  | 425 007.7300 | 425 710.0630 | 68 364.2440 |
| Valeur nette d’inventaire par action en USD |  | 119.04 | 115.33 | 108.50 |
| Prix d’émission et de rachat par action en USD 1 |  | 119.04 | 115.33 | 108.50 |
| Catégorie (CHF hedged) U-X-acc | LU0390864766 |  |  |  |
| Actions en circulation |  | 493.3000 | 870.3000 | 928.3000 |
| Valeur nette d’inventaire par action en CHF |  | 14 747.84 | 13 967.20 | 13 139.63 |
| Prix d’émission et de rachat par action en CHF 1 |  | 14 747.84 | 13 967.20 | 13 139.63 |
| Catégorie U-X-dist | LU0390871035 |  |  |  |
| Actions en circulation |  | 2 993.8160 | 3 015.8160 | 4 355.9030 |
| Valeur nette d’inventaire par action en USD |  | 13 078.53 | 12 727.90 | 11 964.02 |
| Prix d’émission et de rachat par action en USD 1 |  | 13 078.53 | 12 727.90 | 11 964.02 |
| 1  Voir note 1 2  La catégorie d’actions I-A2-acc était en circulation jusqu’au 24.2.2020 3  Première VNI 13.8.2020 4  Première VNI 16.7.2020 |  |  |  |  |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020

## Structure du portefeuille-titres
Répartition géographique en % de l’actif net	
Etats-Unis	45.04
Grande-Bretagne	11.92
France	7.36
Australie	4.95
Pays-Bas	4.79
Espagne	1.71
Canada	1.70
Allemagne	1.68
Mexique	1.56
Luxembourg	1.27
Irlande	1.22
Japon	1.17
Singapour	1.02
Norvège	0.69
Hong Kong	0.65
Danemark	0.65
Belgique	0.64
Italie	0.56
Îles Vierges britanniques	0.55
Autriche	0.53
Finlande	0.44
Pologne	0.34
Suisse	0.32
Suède	0.32
Nouvelle-Zélande	0.30
Chine	0.29
Chili	0.29
Jersey	0.27
Thaïlande	0.27
Ile Maurice	0.25
Bermudes	0.23
Corée du Sud	0.23
Philippines	0.21
Arabie saoudite	0.21
Roumanie	0.20
Indonésie	0.14
Macao	0.13
Brésil	0.13
Iles Caïmans	0.12
Portugal	0.10
Curaçao	0.07
Répartition économique en % de l’actif net	
Banques & instituts de crédit	23.25
Etablissements financiers et sociétés de participation	20.53
Assurances	6.03
Distribution d’énergie & d’eau	5.56
Pétrole	5.47
Produits pharmaceutiques, cosmétiques & médicaux	3.65
Télécommunications	3.52
Immobilier	2.66
Tabac et boissons alcoolisées	2.41
Trafic et transport	2.36
Véhicules	1.78
Appareils et composants électriques	1.72
Internet, logiciels et services informatiques	1.66
Chimie	1.52
Equipement informatique et de réseau	1.50
Alimentation & softs	1.13
Industrie graphique, édition et médias	1.09
Commerce de détail, centres commerciaux	1.02
Services divers	0.94
Soins de santé & services sociaux	0.91
Diverses sociétés non classées	0.88
Machines et appareils	0.75
Industrie minière, charbon et acier	0.74
Biotechnologie	0.66
Biens de consommation divers	0.62
Textiles, habillement & maroquinerie	0.59
Emetteurs d’obligations sécurisées (Pfandbriefe) et
sociétés de refinancement	0.32
Gouvernements nationaux et centraux	0.30
Industrie aéronautique et spatiale	0.29
Fonds de placement	0.20
Diverses sociétés commerciales	0.18
Industrie de conditionnement	0.14
Restauration et loisirs	0.14
Total	94.52
Total	94.52
UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020

## Etat des actifs nets
Actif	30.11.2020
USD
Portefeuille-titres, cours d’achat	527 844 667.66
| Portefeuille-titres, plus-/(moins)-value non réalisée | 	54 800 687.84	 |
| --- | --- |
| Total du Portefeuille-titres (note 1) | 582 645 355.50 |
| Avoirs en banque, dépôts à vue et à terme | 27 456 415.93 |
| Autres liquidités (marges) | 2 431 157.31 |
| Créances sur souscriptions | 41 806.01 |
| Intérêts à recevoir sur titres | 5 173 290.68 |
| Intérêts à recevoir sur liquidités | 12 511.95 |
| Intérêts à recevoir sur swaps (note 1) | 537.50 |
| Bénéfice non réalisé(e) sur contrats financiers à terme (note 1) | 274 027.55 |
| Total de l’Actif | 618 035 102.43 |
|  |  |
| Passif |  |
| Perte non réalisé(e) sur contrats de change à terme (note 1) | -1 551 179.97 |
| Engagements sur rachats | -8 291.77 |
| Provisions pour commission de gestion forfaitaire (note 2) | -19 980.85 |
| Provisions pour taxe d’abonnement (note 3) | -10 217.78 |
| Provisions pour autres commissions et frais (note 2) | 	-28 910.87	 |
| Total des Provisions pour frais | -59 109.50 |
| Total du Passif | -1 618 581.24 |
|  |  |
| Actif net à la fin de la période | 616 416 521.19 |
| Etat des opérations | USD |
| Revenus | 1.6.2020-30.11.2020 |
| Revenus d’intérêts sur liquidités | 12 512.07 |
| Intérêts sur titres | 8 395 173.53 |
| Revenus d’intérêts sur swaps (note 1) | 1 636.39 |
| Revenus sur prêts de titres (note 12) | 74 619.80 |
| Autres revenus (note 4) | 707 046.45 |
| Total des Revenus | 9 190 988.24 |
|  |  |
| Charges |  |
| Commission de gestion forfaitaire (note 2) | -195 210.54 |
| Taxe d’abonnement (note 3) | -30 987.09 |
| Frais sur prêts de titres (note 12) | -29 847.92 |
| Autres commissions et frais (note 2) | -26 299.23 |
| Charges d’intérêts sur liquidités et crédit en compte courant | -26 899.49 |
| Total des Charges | -309 244.27 |
|  |  |
| Revenus/pertes net(te)s de placements | 8 881 743.97 |
|  |  |
| Bénéfices/(pertes) réalisé(e)s (note 1) |  |
| Bénéfice/(perte) réalisé(e) sur titres évalués à la valeur de marché hors options | 1 309 114.85 |
| Bénéfice/perte réalisé(e) sur contrats financiers à terme | -904 993.89 |
| Bénéfice/(perte) réalisé(e) sur contrats de change à terme | 4 726 570.36 |
| Bénéfice/(perte) réalisé(e) sur swaps | 5.97 |
| Bénéfice/(perte) de change réalisé(e) | -1 964 334.15 |
| Total des Bénéfices/(pertes) réalisé(e)s | 3 166 363.14 |
|  |  |
| Bénéfice/(perte) net(te) réalisé(e) au cours de la période | 12 048 107.11 |
|  |  |
| Fluctuations de la plus-/(moins)-value non réalisée (note 1) |  |
| Plus-/(moins)-value non réalisée sur titres évalués à la valeur de marché hors options | 38 172 547.72 |
| Plus-/(moins)-value non réalisée sur instruments du marché monétaire et titres évalués en fonction des rendements | -2 016.26 |
| Plus-/(moins)-value non réalisée sur contrats financiers à terme | 178 612.78 |
| Plus-/(moins)-value non réalisée sur contrats de change à terme | -532 110.56 |
| Plus-/(moins)-value non réalisée sur swaps | -837.93 |
| Total des Fluctuations de la plus-/(moins)-value non réalisée | 37 816 195.75 |
|  |  |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | 49 864 302.86 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020
| Fluctuations de l’actif net |  |
| --- | --- |
|  |  | USD |
|  |  | 1.6.2020-30.11.2020 |
| Actif net au début de la période |  | 514 442 521.54 |
| Souscriptions |  | 111 353 427.30 |
| Rachats |  | 	-56 516 169.00	 |
| Total des Entrées/(sorties) de capitaux |  | 54 837 258.30 |
| Dividendes versés |  | -2 727 561.51 |
| Revenus/pertes net(te)s de placements |  | 8 881 743.97 |
| Total des Bénéfices/(pertes) réalisé(e)s |  | 3 166 363.14 |
| Total des Fluctuations de la plus-/(moins)-value non réalisée |  | 	37 816 195.75	 |
| Augmentation/(diminution) nette de l’actif net issue de l’activité |  | 49 864 302.86 |
| Actif net à la fin de la période |  | 616 416 521.19 |
| Evolution des actions en circulation |  |  |
|  |  | 1.6.2020-30.11.2020 |
| Catégorie |  | (CHF hedged) I-A1-acc |
| Nombre d’actions en circulation au début de la période |  | 264 463.4380 |
| Nombre d’actions émises |  | 14 876.1560 |
| Nombre d’actions rachetées |  | -11 202.5000 |
| Nombre d’actions en circulation à la fin de la période |  | 268 137.0940 |
| Catégorie |  | I-A3-acc |
| Nombre d’actions en circulation au début de la période |  | 0.0000 |
| Nombre d’actions émises |  | 500 000.0000 |
| Nombre d’actions rachetées |  | 0.0000 |
| Nombre d’actions en circulation à la fin de la période |  | 500 000.0000 |
| Catégorie |  | I-B-acc |
| Nombre d’actions en circulation au début de la période |  | 36 456.6000 |
| Nombre d’actions émises |  | 0.0000 |
| Nombre d’actions rachetées |  | -597.5770 |
| Nombre d’actions en circulation à la fin de la période |  | 35 859.0230 |
| Catégorie |  | (CHF hedged) I-B-acc |
| Nombre d’actions en circulation au début de la période |  | 154 864.8530 |
| Nombre d’actions émises |  | 73 234.8750 |
| Nombre d’actions rachetées |  | -56 205.4020 |
| Nombre d’actions en circulation à la fin de la période |  | 171 894.3260 |
| Catégorie |  | (EUR hedged) I-B-acc |
| Nombre d’actions en circulation au début de la période |  | 0.0000 |
| Nombre d’actions émises |  | 99 507.3030 |
| Nombre d’actions rachetées |  | -56 792.9480 |
| Nombre d’actions en circulation à la fin de la période |  | 42 714.3550 |
| Catégorie |  | I-X-acc |
| Nombre d’actions en circulation au début de la période |  | 926 015.7760 |
| Nombre d’actions émises |  | 1 710.8060 |
| Nombre d’actions rachetées |  | -2 754.2760 |
| Nombre d’actions en circulation à la fin de la période |  | 924 972.3060 |
| Catégorie |  | (CHF hedged) I-X-acc |
| Nombre d’actions en circulation au début de la période |  | 823 394.6090 |
| Nombre d’actions émises |  | 98 060.5440 |
| Nombre d’actions rachetées |  | -130 117.2170 |
| Nombre d’actions en circulation à la fin de la période |  | 791 337.9360 |
| Catégorie |  | (EUR hedged) I-X-acc |
| Nombre d’actions en circulation au début de la période |  | 358 442.8290 |
| Nombre d’actions émises |  | 127 699.5360 |
| Nombre d’actions rachetées |  | -61 080.3650 |
| Nombre d’actions en circulation à la fin de la période |  | 425 062.0000 |
| Catégorie |  | I-X-UKdist |
| Nombre d’actions en circulation au début de la période |  | 425 710.0630 |
| Nombre d’actions émises |  | 815.0520 |
| Nombre d’actions rachetées |  | -1 517.3850 |
| Nombre d’actions en circulation à la fin de la période |  | 425 007.7300 |
| Catégorie |  | (CHF hedged) U-X-acc |
| Nombre d’actions en circulation au début de la période |  | 870.3000 |
| Nombre d’actions émises |  | 22.0000 |
| Nombre d’actions rachetées |  | -399.0000 |
| Nombre d’actions en circulation à la fin de la période |  | 493.3000 |
| Catégorie |  | U-X-dist |
| Nombre d’actions en circulation au début de la période |  | 3 015.8160 |
| Nombre d’actions émises |  | 3.0000 |
| Nombre d’actions rachetées |  | -25.0000 |
| Nombre d’actions en circulation à la fin de la période |  | 2 993.8160 |
| Distribution annuelle 1 |  |  |
| UBS (Lux) Bond SICAV – Global Corporates (USD)	Date de détachement | Date de versement | Devise	Montant par action |
| I-X-UKdist	15.6.2020 | 18.6.2020 | USD	3.32 |
| U-X-dist	3.8.2020 | 6.8.2020 | USD	436.11 |
| 1  Voir note 5 |  |  |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020

## Etat du portefeuille-titres et autres actifs nets au 30 novembre 2020
| Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| Titres et instruments du marché monétaire négociés sur une bourse officielle |  |  |  |
| Billets, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	BACARDI LTD-REG-S 2.75000% 13-03.07.23 | 1 150 000.00 | 1 444 012.57 | 0.23 |
| EUR	FISERV INC 1.62500% 19-01.07.30 | 1 950 000.00 | 2 562 802.64 | 0.42 |
| EUR	FORD MOTOR CREDIT CO LLC 1.51400% 19-17.02.23 | 1 300 000.00 | 1 549 228.53 | 0.25 |
| EUR	GOLDMAN SACHS GROUP INC-REG-S 3.37500% 20-27.03.25 | 1 035 000.00 | 1 411 307.24 | 0.23 |
| EUR	LA MONDIALE SAM-REG-S-SUB 2.12500% 20-23.06.31 | 1 000 000.00 | 1 243 679.57 | 0.20 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.12500% 20-11.02.28 | 1 600 000.00 | 1 937 644.96 | 0.31 |
| EUR	LVMH MOET HENNESSY LOUIS VUITTON-REG-S 0.37500% 20-11.02.31 | 1 200 000.00 | 1 466 284.74 | 0.24 |
| EUR	NATIONAL GRID ELECTRICITY TRANS-REG-S 0.19000% 20-20.01.25 | 460 000.00 | 556 786.79 | 0.09 |
| EUR	NISSAN MOTOR CO LTD-REG-S 2.65200% 20-17.03.26 | 830 000.00 | 1 036 416.05 | 0.17 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV 4.50000% 18-01.03.25 | 325 000.00 | 401 035.39 | 0.07 |
| Total EUR |  | 13 609 198.48 | 2.21 |
| GBP |  |  |  |
| GBP	BUPA FINANCE PLC-REG-S 1.75000% 20-14.06.27 | 2 430 000.00 | 3 325 340.67 | 0.54 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 4.12500% 20-14.06.35 | 830 000.00 | 1 228 813.64 | 0.20 |
| Total GBP |  | 4 554 154.31 | 0.74 |
| USD |  |  |  |
| USD	3M CO 2.65000% 20-15.04.25 | 510 000.00 | 552 688.68 | 0.09 |
| USD	ABBOTT LABORATORIES 4.90000% 16-30.11.46 | 1 320 000.00 | 1 972 525.50 | 0.32 |
| USD	ABBVIE INC 2.90000% 13-06.11.22 | 700 000.00 | 731 800.02 | 0.12 |
| USD	ABBVIE INC 4.25000% 18-14.11.28 | 1 060 000.00 | 1 280 053.88 | 0.21 |
| USD	ABBVIE INC 4.87500% 18-14.11.48 | 770 000.00 | 1 048 666.01 | 0.17 |
| USD	ACUITY BRANDS LIGHTING INC 2.15000% 20-15.12.30 | 695 000.00 | 695 611.11 | 0.11 |
| USD	ADOBE INC 2.15000% 20-01.02.27 | 700 000.00 | 752 088.19 | 0.12 |
| USD	AERCAP IRE CAP LTD/GLB AVIA TRUST 4.50000% 20-15.09.23 | 515 000.00 | 551 442.53 | 0.09 |
| USD	AERCAP IRELAND CAP/ GLBL AVIATION TRUST 6.50000% 20-15.07.25 | 815 000.00 | 942 185.23 | 0.15 |
| USD	AIR LEASE CORP 3.37500% 20-01.07.25 | 1 065 000.00 | 1 123 434.52 | 0.18 |
| USD	AIR PRODUCTS & CHEMICALS INC 2.05000% 20-15.05.30 | 550 000.00 | 586 074.89 | 0.09 |
| USD	ALBEMARLE CORPORATION 5.45000% 14-01.12.44 | 950 000.00 | 1 101 729.35 | 0.18 |
| USD	ALIBABA GROUP HOLDING LTD 3.40000% 17-06.12.27 | 630 000.00 | 705 524.40 | 0.11 |
| USD	ALIBABA GROUP HOLDING LTD 4.20000% 17-06.12.47 | 865 000.00 | 1 089 629.69 | 0.18 |
| USD	ALTRIA GROUP INC 4.40000% 19-14.02.26 | 750 000.00 | 868 734.52 | 0.14 |
| USD	ALTRIA GROUP INC 4.80000% 19-14.02.29 | 345 000.00 | 413 273.12 | 0.07 |
| USD	ALTRIA GROUP INC 5.95000% 19-14.02.49 | 820 000.00 | 1 169 777.48 | 0.19 |
| USD	AMAZON.COM INC 2.80000% 18-22.08.24 | 2 300 000.00 | 2 489 932.62 | 0.40 |
| USD	AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 3 160 000.00 | 3 362 726.64 | 0.55 |
| USD	AMGEN INC 4.40000% 15-01.05.45 | 560 000.00 | 712 762.85 | 0.12 |
| USD	ANHEUSER-BUSCH COS 3.65000% 19-01.02.26 | 1 080 000.00 | 1 220 585.87 | 0.20 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.15000% 19-23.01.25 | 465 000.00 | 528 226.84 | 0.09 |
| USD	ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.75000% 19-23.01.29 | 1 020 000.00 | 1 253 215.15 | 0.20 |
| USD	ANTHEM INC 3.65000% 17-01.12.27 | 500 000.00 | 573 913.15 | 0.09 |
| USD	APACHE CORP 4.25000% 12-15.01.44 | 1 550 000.00 | 1 488 000.00 | 0.24 |
| USD	APPLE INC 1.80000% 19-11.09.24 | 700 000.00 | 732 374.58 | 0.12 |
| USD	APPLE INC 3.85000% 16-04.08.46 | 1 680 000.00 | 2 167 528.44 | 0.35 |
| USD	APT PIPELINES LTD-REG-S 4.20000% 15-23.03.25 | 1 500 000.00 | 1 653 060.00 | 0.27 |
| USD	APT PIPELINES LTD-REG-S 4.25000% 17-15.07.27 | 780 000.00 | 881 501.40 | 0.14 |
| USD	ARCHER-DANIELS MIDLAND CO 2.75000% 20-27.03.25 | 360 000.00 | 389 658.67 | 0.06 |
| USD	AT&T INC 1.65000% 20-01.02.28 | 450 000.00 | 456 847.52 | 0.07 |
| USD	AT&T INC 4.35000% 19-01.03.29 | 2 220 000.00 | 2 652 523.71 | 0.43 |
| USD	AT&T INC 4.75000% 15-15.05.46 | 1 960 000.00 | 2 430 506.82 | 0.39 |
| USD	BARCLAYS PLC 3.68400% 17-10.01.23 | 1 110 000.00 | 1 145 519.89 | 0.19 |
| USD	BAT CAPITAL CORP 3.55700% 18-15.08.27 | 800 000.00 | 889 380.00 | 0.14 |
| USD	BIOGEN INC 2.25000% 20-01.05.30 | 1 465 000.00 | 1 518 387.68 | 0.25 |
| USD	BP CAPITAL MARKETS AMERICA INC 1.74900% 20-10.08.30 | 1 095 000.00 | 1 103 883.19 | 0.18 |
| USD	BRISTOL MYERS SQUIBB CO 4.25000% 20-26.10.49 | 1 500 000.00 | 2 031 825.75 | 0.33 |
| USD	BRISTOL-MYERS SQUIBB CO 2.60000% 20-16.05.22 | 350 000.00 | 361 813.62 | 0.06 |
| USD	CANADIAN NATURAL RESOURCES LTD 2.95000% 17-15.01.23 | 700 000.00 | 730 057.23 | 0.12 |
| USD	CANADIAN NATURAL RESOURCES LTD 3.85000% 17-01.06.27 | 1 380 000.00 | 1 525 008.19 | 0.25 |
| USD	CCO LLC/CAPITAL 4.50000% 18-01.02.24 | 1 320 000.00 | 1 466 252.70 | 0.24 |
| USD	CENOVUS ENERGY INC 4.25000% 17-15.04.27 | 920 000.00 | 981 046.78 | 0.16 |
| USD	CHEVRON CORP 1.14100% 20-11.05.23 | 140 000.00 | 142 814.88 | 0.02 |
| USD	CHILE, REPUBLIC OF 2.45000% 20-31.01.31 | 485 000.00 | 514 251.56 | 0.08 |
| USD	CIGNA CORP 2.40000% 20-15.03.30 | 535 000.00 | 569 359.95 | 0.09 |
| USD	CIGNA CORP 3.40000% 19-17.09.21 | 1 010 000.00 | 1 034 346.86 | 0.17 |
| USD	CIGNA CORP 4.37500% 19-15.10.28 | 1 120 000.00 | 1 348 162.37 | 0.22 |
| USD	CIGNA CORP 4.90000% 19-15.12.48 | 480 000.00 | 661 470.10 | 0.11 |
| USD	CITIGROUP INC 4.65000% 18-23.07.48 | 1 980 000.00 | 2 752 225.14 | 0.45 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 4.12500% 18-14.03.21 | 465 000.00 | 466 598.43 | 0.08 |
| USD	CNOOC PETROLEUM NORTH AMERICA ULC 6.40000% 07-15.05.37 | 950 000.00 | 1 370 429.91 | 0.22 |
| USD	CNPC GENERAL CAPITAL LTD-REG-S 3.40000% 13-16.04.23 | 650 000.00 | 683 109.38 | 0.11 |
| USD	COCA-COLA FEMSA SA 2.75000% 20-22.01.30 | 1 620 000.00 | 1 753 143.75 | 0.28 |
| USD	COMCAST CORP 3.95000% 18-15.10.25 | 1 000 000.00 | 1 146 563.70 | 0.19 |
| USD	COMCAST CORP 4.15000% 18-15.10.28 | 890 000.00 | 1 071 144.54 | 0.17 |
| USD	COMCAST CORP 4.70000% 18-15.10.48 | 720 000.00 | 1 021 642.27 | 0.17 |
| USD	COMCAST CORP 4.95000% 18-15.10.58 | 550 000.00 | 837 263.68 | 0.14 |
| USD	CONAGRA BRANDS INC 5.40000% 18-01.11.48 | 720 000.00 | 1 038 728.45 | 0.17 |
| USD	CORP NACIONAL DEL COBRE DE CHILE-REG-S 3.62500% 17-01.08.27 | 1 140 000.00 | 1 265 400.00 | 0.21 |
| USD	CREDIT SUISSE GROUP AG-144A 4.28200% 17-09.01.28 | 550 000.00 | 634 777.77 | 0.10 |
| USD	CVS HEALTH CORP 2.62500% 19-15.08.24 | 550 000.00 | 588 661.97 | 0.10 |
| USD	CVS HEALTH CORP 3.35000% 18-09.03.21 | 364 000.00 | 367 050.14 | 0.06 |
| USD	CVS HEALTH CORP 4.30000% 18-25.03.28 | 1 240 000.00 | 1 457 025.30 | 0.24 |
| USD	CVS HEALTH CORP 5.05000% 18-25.03.48 | 610 000.00 | 822 854.26 | 0.13 |
| USD	CVS HEALTH CORP 5.12500% 15-20.07.45 | 1 360 000.00 | 1 831 457.06 | 0.30 |
| USD	DEUTSCHE BANK AG/NEW YORK NY 3.15000% 18-22.01.21 | 1 870 000.00 | 1 876 161.28 | 0.30 |
| USD	DIAMONDBACK ENERGY INC 3.25000% 19-01.12.26 | 610 000.00 | 645 727.21 | 0.10 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
|  |  |  |  |  |
| USD | DISCOVERY COMMUNICATIONS LLC 5.30000% 19-15.05.49 | 1 400 000.00 | 1 809 320.38 | 0.29 |
| USD | DXC TECHNOLOGY CO 4.12500% 20-15.04.25 | 330 000.00 | 361 134.74 | 0.06 |
| USD | ELECTRICITE DE FRANCE-REG-S 6.95000% 09-26.01.39 | 525 000.00 | 794 788.15 | 0.13 |
| USD | ENABLE MIDSTREAM PARTNERS LP 3.90000% 15-15.05.24 | 890 000.00 | 894 868.21 | 0.15 |
| USD | ENERGY TRANSFER OPERATING LP 4.50000% 19-15.04.24 | 1 160 000.00 | 1 250 488.12 | 0.20 |
| USD | ENERGY TRANSFER PARTNERS LP 6.05000% 11-01.06.41 | 1 200 000.00 | 1 333 758.23 | 0.22 |
| USD | ENERGY TRANSFER PARTNERS LP 6.00000% 18-15.06.48 | 1 000 000.00 | 1 134 200.10 | 0.18 |
| USD | EXELON CORP 3.40000% 16-15.04.26 | 560 000.00 | 628 780.43 | 0.10 |
| USD | FEDEX CORP 4.55000% 16-01.04.46 | 260 000.00 | 334 517.69 | 0.05 |
| USD | FIRSTENERGY CORP 2.25000% 20-01.09.30 | 760 000.00 | 726 207.25 | 0.12 |
| USD | FISERV INC 3.20000% 19-01.07.26 | 1 550 000.00 | 1 738 187.20 | 0.28 |
| USD | FLEX LTD 4.87500% 20-12.05.30 | 1 220 000.00 | 1 451 134.00 | 0.24 |
| USD | FOMENTO ECONOMICO MEXIC SAB DE CV 3.50000% 20-16.01.50 | 2 530 000.00 | 2 779 331.50 | 0.45 |
| USD | FORD MOTOR CO 8.50000% 20-21.04.23 | 165 000.00 | 184 956.75 | 0.03 |
| USD | FORD MOTOR CO 9.00000% 20-22.04.25 | 195 000.00 | 236 969.85 | 0.04 |
| USD | GE CAPITAL INTL FUNDING CO 4.41800% 16-15.11.35 | 2 910 000.00 | 3 354 695.43 | 0.54 |
| USD | GENERAL ELECTRIC CO 3.45000% 20-01.05.27 | 260 000.00 | 286 120.33 | 0.05 |
| USD | GENERAL ELECTRIC CO 3.62500% 20-01.05.30 | 260 000.00 | 291 669.14 | 0.05 |
| USD | GENERAL ELECTRIC CO 3.15000% 12-07.09.22 | 450 000.00 | 470 355.70 | 0.08 |
| USD | GENERAL MOTORS CO 5.00000% 14-01.04.35 | 510 000.00 | 611 295.23 | 0.10 |
| USD | GENERAL MOTORS CO 6.12500% 20-01.10.25 | 1 650 000.00 | 1 989 182.42 | 0.32 |
| USD | GENERAL MOTORS FINANCIAL CO 4.35000% 18-09.04.25 | 1 900 000.00 | 2 118 882.85 | 0.34 |
| USD | GEORGIA POWER CO 2.10000% 20-30.07.23 | 750 000.00 | 783 283.65 | 0.13 |
| USD | GILEAD SCIENCES INC 4.80000% 14-01.04.44 | 650 000.00 | 853 839.68 | 0.14 |
| USD | GILEAD SCIENCES INC 4.75000% 15-01.03.46 | 725 000.00 | 956 532.73 | 0.15 |
| USD | GOLDMAN SACHS GROUP INC 3.50000% 20-01.04.25 | 3 605 000.00 | 3 990 127.56 | 0.65 |
| USD | HARTFORD FINANCIAL SERVICES GROUP INC 4.40000% 18-15.03.48 | 1 100 000.00 | 1 446 804.92 | 0.23 |
| USD | HCP INC 3.87500% 14-15.08.24 | 800 000.00 | 885 803.20 | 0.14 |
| USD | HSBC HOLDINGS PLC 4.95000% 20-31.03.30 | 445 000.00 | 554 437.25 | 0.09 |
| USD | ILLINOIS TOOL WORKS INC 2.65000% 16-15.11.26 | 1 200 000.00 | 1 325 553.36 | 0.22 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 2 300 000.00 | 2 386 067.38 | 0.39 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 3.30000% 19-15.05.26 | 2 100 000.00 | 2 369 682.42 | 0.38 |
| USD | JPMORGAN CHASE & CO 3.20000% 13-25.01.23 | 6 800 000.00 | 7 206 869.84 | 1.17 |
| USD | KINDER MORGAN INC 3.15000% 17-15.01.23 | 1 050 000.00 | 1 102 491.39 | 0.18 |
| USD | KRAFT HEINZ FOODS CO 5.00000% 13-04.06.42 | 1 000 000.00 | 1 145 922.50 | 0.19 |
| USD | KROGER CO 3.87500% 16-15.10.46 | 240 000.00 | 282 345.79 | 0.05 |
| USD | KROGER CO 4.65000% 17-15.01.48 | 200 000.00 | 263 396.32 | 0.04 |
| USD | LINCOLN NATIONAL CORP 3.80000% 18-01.03.28 | 2 080 000.00 | 2 384 666.76 | 0.39 |
| USD | LLOYDS BANKING GROUP PLC 4.37500% 18-22.03.28 | 1 010 000.00 | 1 197 935.95 | 0.19 |
| USD | LLOYDS BANKING GROUP PLC 4.45000% 18-08.05.25 | 920 000.00 | 1 052 329.30 | 0.17 |
| USD | LOWE’S COS INC 3.00000% 20-15.10.50 | 700 000.00 | 751 775.01 | 0.12 |
| USD | MARATHON OIL CORP 3.85000% 15-01.06.25 | 800 000.00 | 841 863.76 | 0.14 |
| USD | MASCO CORP 2.00000% 20-01.10.30 | 1 140 000.00 | 1 156 608.55 | 0.19 |
| USD | MASCO CORP 4.50000% 17-15.05.47 | 685 000.00 | 859 751.58 | 0.14 |
| USD | MASTERCARD INC 2.00000% 19-03.03.25 | 1 190 000.00 | 1 264 334.30 | 0.20 |
| USD | MEXICHEM SAB DE CV-REG-S 4.00000% 17-04.10.27 | 1 085 000.00 | 1 183 328.13 | 0.19 |
| USD | MEXICHEM SAB DE CV-REG-S 5.50000% 17-15.01.48 | 1 080 000.00 | 1 265 997.60 | 0.21 |
| USD | MICROSOFT CORP 3.70000% 16-08.08.46 | 1 150 000.00 | 1 481 080.97 | 0.24 |
| USD | MORGAN STANLEY 2.50000% 16-21.04.21 | 3 730 000.00 | 3 761 146.62 | 0.61 |
| USD | MPLX LP 5.20000% 17-01.03.47 | 1 070 000.00 | 1 272 633.18 | 0.21 |
| USD | NATWEST GROUP PLC 3.87500% 16-12.09.23 | 1 800 000.00 | 1 950 494.58 | 0.32 |
| USD | NATWEST GROUP PLC 4.80000% 16-05.04.26 | 1 000 000.00 | 1 169 001.20 | 0.19 |
| USD | NATWEST GROUP PLC-SUB 6.10000% 13-10.06.23 | 1 970 000.00 | 2 200 163.58 | 0.36 |
| USD | NIKE INC 2.40000% 20-27.03.25 | 240 000.00 | 257 903.35 | 0.04 |
| USD | NISSAN MOTOR CO LTD-REG-S 4.34500% 20-17.09.27 | 2 890 000.00 | 3 091 895.40 | 0.50 |
| USD | NOBLE ENERGY INC 3.85000% 17-15.01.28 | 650 000.00 | 752 833.90 | 0.12 |
| USD | NOMURA HOLDINGS INC 2.67900% 20-16.07.30 | 420 000.00 | 440 399.40 | 0.07 |
| USD | ORACLE CORP 2.50000% 20-01.04.25 | 550 000.00 | 589 890.84 | 0.10 |
| USD | PAYPAL HOLDINGS INC 2.65000% 19-01.10.26 | 1 050 000.00 | 1 147 191.04 | 0.19 |
| USD | PERRIGO FINANCE UNLIMITED CO 3.15000% 20-15.06.30 | 325 000.00 | 344 359.99 | 0.06 |
| USD | PHILIP MORRIS INTERNATIONAL INC 4.25000% 14-10.11.44 | 600 000.00 | 747 134.88 | 0.12 |
| USD | PHILIP MORRIS INTERNATIONAL INC 1.50000% 20-01.05.25 | 590 000.00 | 609 496.13 | 0.10 |
| USD | PHILIPPINES, REPUBLIC OF THE 2.45700% 20-05.05.30 | 1 225 000.00 | 1 323 000.00 | 0.21 |
| USD | PHILLIPS 66 PARTNERS LP 4.68000% 15-15.02.45 | 450 000.00 | 474 173.01 | 0.08 |
| USD | PLAINS ALL AMERICAN PIPELINE LP 3.80000% 20-15.09.30 | 1 175 000.00 | 1 224 171.52 | 0.20 |
| USD | QUALCOMM INC 4.30000% 17-20.05.47 | 610 000.00 | 823 897.05 | 0.13 |
| USD | RECKITT BENCKISER TREAS SERV-144A 2.37500% 17-24.06.22 | 1 200 000.00 | 1 235 173.32 | 0.20 |
| USD | REYNOLDS AMERICAN INC 5.70000% 15-15.08.35 | 875 000.00 | 1 109 163.21 | 0.18 |
| USD | ROCHE HOLDINGS INC-REG-S 2.62500% 16-15.05.26 | 1 120 000.00 | 1 227 399.26 | 0.20 |
| USD | ROPER TECHNOLOGIES INC 2.00000% 20-30.06.30 | 1 045 000.00 | 1 074 212.03 | 0.17 |
| USD | ROPER TECHNOLOGIES INC 1.00000% 20-15.09.25 | 1 135 000.00 | 1 141 927.36 | 0.18 |
| USD | SANDS CHINA LTD-REG-S 4.37500% 20-18.06.30 | 765 000.00 | 828 648.00 | 0.13 |
| USD | SAUDI ARABIAN OIL CO-REG-S 1.62500% 20-24.11.25 | 215 000.00 | 218 872.15 | 0.04 |
| USD | SCENTRE GROUP TRUST 1 /2-REG-S 2.37500% 15-28.04.21 | 1 000 000.00 | 1 004 259.30 | 0.16 |
| USD | SEMPRA ENERGY 6.00000% 09-15.10.39 | 920 000.00 | 1 316 003.70 | 0.21 |
| USD | SGSP AUSTRALIA ASSETS PTY LTD-REG-S 3.25000% 16-29.07.26 | 1 450 000.00 | 1 590 911.00 | 0.26 |
| USD | SHIMAO PROPERTY HOLDINGS LTD-REG-S 4.60000% 20-13.07.30 | 200 000.00 | 214 000.00 | 0.03 |
| USD | SINOPEC CAPITAL 2013 LTD-REG-S 3.12500% 13-24.04.23 | 1 800 000.00 | 1 879 875.00 | 0.30 |
| USD | SOUTHERN CO 3.25000% 16-01.07.26 | 1 060 000.00 | 1 186 506.34 | 0.19 |
| USD | SOUTHERN CO 4.40000% 16-01.07.46 | 350 000.00 | 451 537.76 | 0.07 |
| USD | SOUTHWEST AIRLINES CO 4.75000% 20-04.05.23 | 585 000.00 | 634 463.27 | 0.10 |
| USD | SOUTHWEST AIRLINES CO 5.12500% 20-15.06.27 | 845 000.00 | 983 354.56 | 0.16 |
| USD | SUMITOMO MITSUI FIN GP INC 2.93400% 16-09.03.21 | 650 000.00 | 654 548.50 | 0.11 |
| USD | SUMITOMO MITSUI FIN GP INC-SUB 3.20200% 19-17.09.29 | 1 150 000.00 | 1 248 417.00 | 0.20 |
| USD | SUNCOR ENERGY INC 3.10000% 20-15.05.25 | 490 000.00 | 533 297.13 | 0.09 |
| USD | SUNCORP-METWAY LTD-REG-S 2.80000% 17-04.05.22 | 700 000.00 | 722 603.00 | 0.12 |
| USD | SYNGENTA FINANCE NV-144A 3.93300% 18-23.04.21 | 1 340 000.00 | 1 353 637.31 | 0.22 |
| USD | TELEFONICA EMISIONES SA 5.52000% 19-01.03.49 | 3 520 000.00 | 4 699 939.55 | 0.76 |
| USD | TEVA PHARMACEUTICAL FINANCE NL III BV 2.80000% 16-21.07.23 | 650 000.00 | 636 167.22 | 0.10 |
| USD | TRUIST FINANCIAL CORP 2.70000% 16-27.01.22 | 1 300 000.00 | 1 333 522.97 | 0.22 |
| USD | UNION PACIFIC CORP 4.05000% 15-15.11.45 | 400 000.00 | 499 894.28 | 0.08 |
| USD | UNITED TECHNOLOGIES CORP 3.95000% 18-16.08.25 | 730 000.00 | 834 409.49 | 0.14 |
| USD | VALE OVERSEAS LTD 3.75000% 20-08.07.30 | 730 000.00 | 801 321.00 | 0.13 |
| USD | VALERO ENERGY CORP 2.85000% 20-15.04.25 | 470 000.00 | 493 879.14 | 0.08 |
| USD | VALERO ENERGY CORP 4.90000% 15-15.03.45 | 1 100 000.00 | 1 283 234.04 | 0.21 |
| USD | VERIZON COMMUNICATIONS INC 3.37600% 18-15.02.25 | 550 000.00 | 610 900.73 | 0.10 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l’actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | Swaps (note 1) |  |
|  |  |  |  |  |
| USD | VIRGINIA ELECTRIC & POWER CO 3.80000% 18-01.04.28 | 430 000.00 | 506 936.38 | 0.08 |
| USD | VISA INC 1.90000% 20-15.04.27 | 770 000.00 | 814 753.94 | 0.13 |
| USD | VODAFONE GROUP PLC 4.37500% 13-19.02.43 | 410 000.00 | 505 066.57 | 0.08 |
| USD | WALT DISNEY CO 1.75000% 19-30.08.24 | 4 280 000.00 | 4 434 755.81 | 0.72 |
| USD | WALT DISNEY CO 6.20000% 19-15.12.34 | 2 050 000.00 | 3 095 215.05 | 0.50 |
| USD | WELLS FARGO & CO 2.10000% 16-26.07.21 | 1 150 000.00 | 1 163 255.48 | 0.19 |
| USD | WELLS FARGO & CO 3.06900% 17-24.01.23 | 1 300 000.00 | 1 337 421.02 | 0.22 |
| USD | WESTPAC BANKING CORP 2.80000% 17-11.01.22 | 480 000.00 | 493 003.20 | 0.08 |
| USD | WESTPAC BANKING CORP-SUB 4.42100% 19-24.07.39 | 1 100 000.00 | 1 408 891.00 | 0.23 |
| USD | WESTPAC BANKING CORP 2.00000% 20-13.01.23 | 650 000.00 | 673 281.70 | 0.11 |
| USD | WILLIAMS COS INC/THE 4.30000% 14-04.03.24 | 1 470 000.00 | 1 613 744.24 | 0.26 |
| USD | WILLIAMS COS INC/THE 4.90000% 14-15.01.45 | 425 000.00 | 497 654.21 | 0.08 |
| USD | WPP FINANCE 2010 3.75000% 14-19.09.24 | 670 000.00 | 737 495.20 | 0.12 |
| USD | XLIT LTD 5.25000% 13-15.12.43 | 503 000.00 | 722 237.58 | 0.12 |
| Total USD |  |  | 211 991 396.64 | 34.39 |
| Total des Billets, taux fixe |  | 230 154 749.43 | 37.34 |
| Billets, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	ENI SPA-REG-S-SUB 3.375%/VAR 20-PRP | 825 000.00 | 1 048 825.31 | 0.17 |
| EUR	JT INTERNATIONAL FINANCIAL-REG-S-SUB 2.375%/VAR 20-07.04.81 | 775 000.00 | 975 447.27 | 0.16 |
| EUR	VIRGIN MONEY UK PLC-REG-S 2.875%/VAR 20-24.06.25 | 955 000.00 | 1 192 521.09 | 0.19 |
| Total EUR |  | 3 216 793.67 | 0.52 |
| GBP |  |  |  |
| GBP	NATWEST GROUP PLC-REG-S-SUB 3.622%/VAR 20-14.08.30 | 570 000.00 | 812 770.69 | 0.13 |
| Total GBP |  | 812 770.69 | 0.13 |
| USD |  |  |  |
| USD	ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 800 000.00 | 808 400.00 | 0.13 |
| USD	BK OF AMERICA CORP 3.004%/VAR 18-20.12.23 | 2 690 000.00 | 2 824 715.20 | 0.46 |
| USD	DEUTSCHE BANK AG/NEW YORK NY 2.222%/VAR 20-18.09.24 | 840 000.00 | 857 298.20 | 0.14 |
| USD	ELECTRICITE DE FRANCE SA-REG-S-SUB 5.625%/VAR 14-PRP | 590 000.00 | 640 952.40 | 0.11 |
| USD	JPMORGAN CHASE & CO 2.739%/VAR 19-15.10.30 | 2 380 000.00 | 2 580 715.87 | 0.42 |
| USD	JPMORGAN CHASE & CO-SUB 2.956%/VAR 20-13.05.31 | 1 625 000.00 | 1 774 041.59 | 0.29 |
| USD	LLOYDS BANKING GROUP PLC 3.574%/3M LIBOR+120.5BP 17-07.11.28 | 1 400 000.00 | 1 571 015.18 | 0.26 |
| USD	NATWEST GROUP PLC 4.519%/VAR 18-25.06.24 | 1 375 000.00 | 1 496 275.55 | 0.24 |
| USD	PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 4.750%/VAR 20-04.09.31 | 375 000.00 | 396 167.25 | 0.06 |
| USD	STANDARD CHARTERED PLC-REG-S 3.885%/VAR 18-15.03.24 | 3 900 000.00 | 4 147 676.13 | 0.67 |
| USD	WESTPAC BANKING CORP-SUB 4.110%/VAR 19-24.07.34 | 1 740 000.00 | 1 966 965.60 | 0.32 |
| Total USD |  | 19 064 222.97 | 3.10 |
| Total des Billets, taux variable |  | 23 093 787.33 | 3.75 |
| Medium-Term Notes, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	AURIZON NETWORK PTY LTD-REG-S 4.00000% 17-21.06.24 | 640 000.00 | 513 809.63 | 0.08 |
| AUD	AUSGRID FINANCE PTY LTD 1.81400% 20-05.02.27 | 1 340 000.00 | 1 000 738.24 | 0.16 |
| AUD	BANCO SANTANDER SA 4.00000% 17-19.01.23 | 2 000 000.00 | 1 543 019.75 | 0.25 |
| AUD	LENDLEASE FINANCE LTD-REG-S 3.40000% 20-27.10.27 | 2 060 000.00 | 1 580 600.72 | 0.26 |
| Total AUD |  | 4 638 168.34 | 0.75 |
| EUR |  |  |  |
| EUR	A.P. MOELLER-MAERSK-REG-S 1.75000% 18-16.03.26 | 1 000 000.00 | 1 277 271.26 | 0.21 |
| EUR	ABERTIS INFRAESTRUCTURAS SA-REG-S 2.37500% 19-27.09.27 | 700 000.00 | 925 637.50 | 0.15 |
| EUR	AKELIUS RESIDENTIAL PROPERTY AB-REG-S 1.75000% 17-07.02.25 | 1 100 000.00 | 1 389 505.92 | 0.23 |
| EUR	AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 1 200 000.00 | 1 556 301.18 | 0.25 |
| EUR	AURIZON NETWORK PTY LTD-REG-S 2.00000% 14-18.09.24 | 820 000.00 | 1 052 292.35 | 0.17 |
| EUR	AUSTRALIA PACIFIC AIR MELBOUNRE-REG-S 1.75000% 14-15.10.24 | 850 000.00 | 1 059 943.57 | 0.17 |
| EUR	AUTOSTRADE PER L’ITALIA SPA-REG-S 1.12500% 15-04.11.21 | 210 000.00 | 247 545.51 | 0.04 |
| EUR	BANCO SANTANDER SA-REG-S-SUB 3.25000% 16-04.04.26 | 600 000.00 | 814 553.35 | 0.13 |
| EUR	BANK OF IRELAND GROUP PLC-REG-S 1.37500% 18-29.08.23 | 480 000.00 | 592 772.82 | 0.10 |
| EUR	BANQUE FEDER DU CREDIT MUTUEL-REG-S-SUB 3.00000% 15-11.09.25 | 500 000.00 | 676 660.44 | 0.11 |
| EUR	BANQUE FEDERATIVE DU CREDIT MUT-REG-S 1.37500% 20-02.04.30 | 1 200 000.00 | 1 594 313.20 | 0.26 |
| EUR	BARCLAYS BANK PLC-SUB 6.62500% 11-30.03.22 | 350 000.00 | 454 682.32 | 0.07 |
| EUR	BAT INTERNATIONAL FINANCE PLC-REG-S 0.87500% 15-13.10.23 | 2 600 000.00 | 3 181 634.10 | 0.52 |
| EUR	BNP PARIBAS-REG-S 1.25000% 18-19.03.25 | 3 280 000.00 | 4 122 145.39 | 0.67 |
| EUR	BNP PARIBAS-REG-S 1.00000% 18-17.04.24 | 810 000.00 | 1 003 347.80 | 0.16 |
| EUR	BPCE SA-REG-S 1.37500% 18-23.03.26 | 1 900 000.00 | 2 416 533.33 | 0.39 |
| EUR	CAIXABANK SA-REG-S 0.37500% 20-03.02.25 | 900 000.00 | 1 088 219.98 | 0.18 |
| EUR	CANAL DE ISABEL II GESTION SA-REG-S 1.68000% 15-26.02.25 | 600 000.00 | 761 878.09 | 0.12 |
| EUR	CNH INDUSTRIAL FINANCE EUROPE SA-REG-S 1.87500% 18-19.01.26 | 1 200 000.00 | 1 531 841.28 | 0.25 |
| EUR	COMMERZBANK AG-REG-S 0.62500% 19-28.08.24 | 650 000.00 | 797 973.75 | 0.13 |
| EUR	COVESTRO AG-REG-S 1.37500% 20-12.06.30 | 785 000.00 | 1 006 911.69 | 0.16 |
| EUR	CPI PROPERTY GROUP SA-REG-S 2.75000% 20-12.05.26 | 1 140 000.00 | 1 448 433.61 | 0.23 |
| EUR	CREDIT AGRICOLE SA LONDON-REG-S 1.37500% 18-13.03.25 | 2 600 000.00 | 3 286 936.55 | 0.53 |
| EUR	DAIMLER AG-REG-S 2.00000% 20-22.08.26 | 1 105 000.00 | 1 461 911.90 | 0.24 |
| EUR	DANSKE BANK AS-REG-S 1.37500% 19-24.05.22 | 1 190 000.00 | 1 455 460.70 | 0.24 |
| EUR	DANSKE BANK AS-REG-S-SUB 1.50000% 20-02.09.30 | 680 000.00 | 828 586.21 | 0.14 |
| EUR	DEUTSCHE BANK AG-REG-S 1.12500% 18-30.08.23 | 750 000.00 | 927 922.25 | 0.15 |
| EUR	DEUTSCHE BANK AG-REG-S 1.62500% 19-12.02.21 | 500 000.00 | 600 133.54 | 0.10 |
| EUR	DIAGEO FINANCE PLC-REG-S 2.37500% 14-20.05.26 | 560 000.00 | 757 528.77 | 0.12 |
| EUR	DNB BANK ASA-REG-S 0.05000% 19-14.11.23 | 965 000.00 | 1 163 943.98 | 0.19 |
| EUR	EDP FINANCE BV-REG-S 2.00000% 15-22.04.25 | 550 000.00 | 715 213.96 | 0.12 |
| EUR	EDP FINANCE BV-REG-S 1.50000% 17-22.11.27 | 1 000 000.00 | 1 305 807.81 | 0.21 |
| EUR	ELECTRICITE DE FRANCE-REG-S 2.00000% 19-09.12.49 | 900 000.00 | 1 235 017.05 | 0.20 |
| EUR	ELENIA FINANCE OYJ-REG-S 0.37500% 20-06.02.27 | 680 000.00 | 820 769.28 | 0.13 |
| EUR	ELIA TRANSMISSION BELGIUM SA-REG-S 0.87500% 20-28.04.30 | 500 000.00 | 630 893.82 | 0.10 |
| EUR	FORD MOTOR CREDIT CO LLC 3.02100% 19-06.03.24 | 715 000.00 | 881 890.85 | 0.14 |
| EUR	GALP GAS NATURAL DISTRIBUICAO SA-REG-S 1.37500% 16-19.09.23 | 500 000.00 | 619 112.57 | 0.10 |
| EUR	GAS NETWORKS IRELAND-REG-S 1.37500% 16-05.12.26 | 615 000.00 | 795 810.81 | 0.13 |
| EUR	GAS NETWORKS IRELAND-REG-S 0.12500% 19-04.12.24 | 800 000.00 | 964 141.41 | 0.16 |
| EUR	GLOBALWORTH REAL ESTATE INVEST-REG-S 3.00000% 18-29.03.25 | 1 000 000.00 | 1 242 178.95 | 0.20 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l’actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | Swaps (note 1) |  |
|  |  |  |  |  |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 1.62500% 16-27.07.26 | 1 550 000.00 | 2 001 519.16 | 0.33 |
| EUR | GOLDMAN SACHS GROUP INC-REG-S 2.00000% 18-01.11.28 | 750 000.00 | 1 011 319.51 | 0.16 |
| EUR | HEIDELBERGCEMENT FIN LUX SA-REG-S 1.12500% 19-01.12.27 | 650 000.00 | 824 452.38 | 0.13 |
| EUR | HEINEKEN NV-REG-S 2.25000% 20-30.03.30 | 405 000.00 | 572 153.28 | 0.09 |
| EUR | ING GROEP NV-REG-S 1.12500% 18-14.02.25 | 1 700 000.00 | 2 128 913.03 | 0.35 |
| EUR | KBC GROUP NV-REG-S 1.12500% 19-25.01.24 | 700 000.00 | 868 517.52 | 0.14 |
| EUR | NEW YORK LIFE GLOBAL FUNDING-REG-S 0.25000% 20-23.01.27 | 830 000.00 | 1 011 015.08 | 0.16 |
| EUR | PETROLEOS MEXICANOS-REG-S 3.75000% 17-21.02.24 | 1 600 000.00 | 1 898 369.40 | 0.31 |
| EUR | RAIFFEISEN BANK INTERNATIONAL AG-REG-S 0.25000% 20-22.01.25 | 2 000 000.00 | 2 420 041.79 | 0.39 |
| EUR | REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 1 800 000.00 | 2 339 623.65 | 0.38 |
| EUR | REN FINANCE B V-REG-S 2.50000% 15-12.02.25 | 1 200 000.00 | 1 592 379.52 | 0.26 |
| EUR | RTE EDF TRANSPORT SA-REG-S 1.00000% 16-19.10.26 | 300 000.00 | 382 399.06 | 0.06 |
| EUR | SANOFI-REG-S 1.37500% 18-21.03.30 | 1 100 000.00 | 1 495 295.22 | 0.24 |
| EUR | SGSP AUSTRALIA ASSETS PTY LTD-REG-S 2.00000% 14-30.06.22 | 650 000.00 | 799 322.62 | 0.13 |
| EUR | SKY PLC-REG-S 2.50000% 14-15.09.26 | 660 000.00 | 905 670.48 | 0.15 |
| EUR | STEDIN HOLDING NV-REG-S 0.87500% 17-24.10.25 | 660 000.00 | 826 653.40 | 0.13 |
| EUR | SVENSKA HANDELSBANKEN AB-REG-S 1.00000% 20-15.04.25 | 450 000.00 | 564 890.14 | 0.09 |
| EUR | TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.49100% 20-08.04.27 | 800 000.00 | 1 050 757.39 | 0.17 |
| EUR | TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.99400% 20-08.04.32 | 500 000.00 | 715 373.05 | 0.12 |
| EUR | UNION FENOSA FINANCE BV-REG-S 1.25000% 20-15.01.26 | 800 000.00 | 1 016 033.14 | 0.16 |
| EUR | VODAFONE GROUP PLC-REG-S 2.50000% 19-24.05.39 | 1 200 000.00 | 1 730 899.48 | 0.28 |
| EUR | VOLKSWAGEN FINANCIAL SERVICES AG-REG-S 1.50000% 19-01.10.24 | 1 200 000.00 | 1 505 159.32 | 0.25 |
| Total EUR |  |  | 76 354 416.47 | 12.38 |
| GBP |  |  |  |  |
| GBP | ANGLIAN WATER SERVICES FINANCING-REG-S 4.50000% 13-22.02.26 | 535 000.00 | 813 291.69 | 0.13 |
| GBP | ARQIVA FINANCING PLC-REG-S 4.88200% 13-31.12.32 | 550 000.00 | 708 505.95 | 0.12 |
| GBP | BAT INTERNATIONAL FINANCE PLC-REG-S 2.25000% 16-09.09.52 | 550 000.00 | 588 861.18 | 0.10 |
| GBP | CADENT FINANCE PLC-REG-S 2.75000% 16-22.09.46 | 800 000.00 | 1 194 880.43 | 0.19 |
| GBP | GATWICK FUNDING LTD 5.25000% 12-23.01.26 | 485 000.00 | 714 314.88 | 0.12 |
| GBP | LLOYDS BANKING GROUP PLC 2.25000% 17-16.10.24 | 680 000.00 | 950 774.55 | 0.15 |
| GBP | PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 4.12500% 17-20.07.22 | 1 555 000.00 | 2 160 331.85 | 0.35 |
| GBP | THAMES WATER UTILITIES FINANCE PLC 5.12500% 06-28.09.37 | 800 000.00 | 1 557 870.26 | 0.25 |
| GBP | VICINITY CENTRES TRUST-REG-S 3.37500% 16-07.04.26 | 510 000.00 | 737 027.31 | 0.12 |
| GBP | WESTERN POWER DISTRIBUTION WEST MIDLAND 5.75000% 11-16.04.32 | 310 000.00 | 602 997.90 | 0.10 |
| Total GBP |  |  | 10 028 856.00 | 1.63 |
| USD |  |  |  |  |
| USD | BANK OF AMERICA CORP 3.87500% 15-01.08.25 | 6 440 000.00 | 7 319 928.76 | 1.19 |
| USD | EXPORT IMPORT BANK OF THAILAND-REG-S 1.45700% 20-15.10.25 | 1 650 000.00 | 1 656 297.56 | 0.27 |
| USD | GENERAL ELECTRIC CO 6.75000% 02-15.03.32 | 760 000.00 | 1 037 074.04 | 0.17 |
| USD | MIRVAC GROUP FINANCE LTD-REG-S 3.62500% 17-18.03.27 | 1 765 000.00 | 1 889 414.85 | 0.31 |
| USD | MORGAN STANLEY 4.00000% 15-23.07.25 | 2 200 000.00 | 2 515 687.02 | 0.41 |
| USD | MORGAN STANLEY-SUB 4.35000% 14-08.09.26 | 1 010 000.00 | 1 185 745.15 | 0.19 |
| USD | OVERSEA-CHINESE BANKING CORP-REG-S-SUB 4.25000% 14-19.06.24 | 1 400 000.00 | 1 531 687.50 | 0.25 |
| USD | PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 5.37500% 17-06.07.27 | 785 000.00 | 869 811.40 | 0.14 |
| USD | SAUDI ARABIAN OIL CO-REG-S 2.87500% 19-16.04.24 | 200 000.00 | 211 250.00 | 0.03 |
| USD | SAUDI ARABIAN OIL CO-REG-S 3.50000% 19-16.04.29 | 800 000.00 | 885 000.00 | 0.14 |
| USD | SUN HUNG KAI PROP CAP MRKT LTD-REG-S 2.87500% 20-21.01.30 | 1 700 000.00 | 1 792 141.19 | 0.29 |
| USD | WALT DISNEY CO/THE 1.85000% 16-30.07.26 | 210 000.00 | 220 745.26 | 0.04 |
| USD | WELLS FARGO & CO 2.62500% 17-22.07.22 | 1 510 000.00 | 1 564 478.69 | 0.25 |
| Total USD |  |  | 22 679 261.42 | 3.68 |
| Total des Medium-Term Notes, taux fixe |  | 113 700 702.23 | 18.44 |
| Medium-Term Notes, coupon zéro |  |  |  |
| EUR |  |  |  |
| EUR	APRR SA-REG-S 0.00000% 20-20.01.23 | 1 500 000.00 | 1 804 627.27 | 0.29 |
| EUR	SIEMENS FINANCIERINGSMAATSCH NV-REG-S 0.00000% 20-20.02.23 | 1 400 000.00 | 1 685 458.24 | 0.28 |
| Total EUR |  | 3 490 085.51 | 0.57 |
| Total des Medium-Term Notes, coupon zéro |  | 3 490 085.51 | 0.57 |
| Medium-Term Notes, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	ALLIANZ SE-REG-S-SUB 4.750%/3M EURIBOR+360BP 13-PRP | 300 000.00 | 399 814.29 | 0.07 |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 1 600 000.00 | 2 208 682.82 | 0.36 |
| EUR	AXA SA-REG-S-SUB 3.375%/VAR 16-06.07.47 | 1 100 000.00 | 1 508 843.95 | 0.24 |
| EUR	BARCLAYS PLC-REG-S 3.375%/VAR 20-02.04.25 | 1 175 000.00 | 1 547 283.20 | 0.25 |
| EUR	BNP PARIBAS SA-REG-S 1.125%/VAR 20-17.04.29 | 1 100 000.00 | 1 380 963.62 | 0.22 |
| EUR	COMMONWEALTH BK OF AUSTRLIA-REG-S-SUB 1.936%/VAR 17-03.10.29 | 1 000 000.00 | 1 245 615.03 | 0.20 |
| EUR	CREDIT AGRICOLE SA-REG-S 1.000%/VAR 20-22.04.26 | 1 500 000.00 | 1 862 931.97 | 0.30 |
| EUR	CREDIT SUISSE GROUP AG-REG-S 3.250%/VAR 20-02.04.26 | 400 000.00 | 540 993.42 | 0.09 |
| EUR	DBS GROUP HOLDINGS LTD-REG-S-SUB 1.500%/VAR 18-11.04.28 | 1 400 000.00 | 1 708 957.35 | 0.28 |
| EUR	DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 800 000.00 | 966 070.26 | 0.16 |
| EUR	DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 700 000.00 | 864 597.09 | 0.14 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 1 000 000.00 | 1 259 000.50 | 0.20 |
| EUR	LLOYDS BANKING GROUP PLC-REG-S 3.500%/VAR 20-01.04.26 | 555 000.00 | 755 136.18 | 0.12 |
| EUR	NATWEST GROUP PLC-REG-S 2.000%/VAR 18-04.03.25 | 600 000.00 | 757 181.68 | 0.12 |
| EUR	NORDEA BANK ABP-REG-S-SUB 1.000%/VAR 19-27.06.29 | 800 000.00 | 970 070.36 | 0.16 |
| EUR	TOTAL SE-REG-S-SUB 2.625%/VAR 15-PRP | 595 000.00 | 749 922.38 | 0.12 |
| EUR	UBS AG-REG-S-SUB 4.750%/VAR 14-12.02.26 | 665 000.00 | 801 297.46 | 0.13 |
| Total EUR |  | 19 527 361.56 | 3.16 |
| GBP |  |  |  |
| GBP	AVIVA PLC-REG-S-SUB 5.125%VAR 15-04.06.50 | 1 035 000.00 | 1 635 037.08 | 0.27 |
| GBP	BARCLAYS PLC-REG-S 2.375%/VAR 17-06.10.23 | 700 000.00 | 958 730.11 | 0.16 |
| GBP	CYBG PLC-REG-S 3.375%/VAR 18-24.04.26 | 900 000.00 | 1 257 080.41 | 0.20 |
| GBP	IMPERIAL BRANDS FIN-REG-S 9.000%/RATING LINKED 09-17.02.22 | 400 000.00 | 587 936.79 | 0.10 |
| GBP	M&G PLC-REG-S-SUB 5.000%/VAR 15-20.07.55 | 650 000.00 | 1 014 055.92 | 0.16 |
| GBP	YORKSHIRE WATER SERVICES FIN-REG-S 3.750%/VAR 10-22.03.46 | 550 000.00 | 758 934.83 | 0.12 |
| Total GBP |  | 6 211 775.14 | 1.01 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Bénéfice/(perte) non | de |
|  |  |  | réalisé(e) sur futures/ | l’actif |
|  |  |  | Contrats de | net |
|  |  |  | change à terme/ |  |
|  |  |  | Swaps (note 1) |  |
| USD |  |  |  |  |
| USD | DBS GROUP HOLDINGS LTD-REG-S-SUB 3.600%/VAR 16-PRP | 795 000.00 | 801 511.05 | 0.13 |
| USD | DBS GROUP HOLDINGS LTD-REG-S-SUB 3.300%/VAR 20-PRP | 815 000.00 | 825 187.50 | 0.13 |
| USD | MORGAN STANLEY 3.622%/VAR 20-01.04.31 | 2 150 000.00 | 2 505 153.12 | 0.41 |
| USD | UNITED OVERSEAS BANK LTD-REG-S-SUB 3.500%/VAR 16-16.09.26 | 1 400 000.00 | 1 422 806.00 | 0.23 |
| Total USD |  |  | 5 554 657.67 | 0.90 |
| Total des Medium-Term Notes, taux variable |  | 31 293 794.37 | 5.07 |
| Obligations, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	ABBOTT IRELAND FINCING DAC-REG-S 0.87500% 18-27.09.23 | 830 000.00 | 1 023 910.16 | 0.17 |
| EUR	ADO PROPERTIES SA-REG-S 1.50000% 17-26.07.24 | 1 600 000.00 | 1 868 349.57 | 0.30 |
| EUR	ALSTRIA OFFICE REIT-AG-REG-S 1.50000% 20-23.06.26 | 800 000.00 | 997 110.22 | 0.16 |
| EUR	AROUNDTOWN SA-REG-S 0.37500% 19-23.09.22 | 500 000.00 | 601 933.82 | 0.10 |
| EUR	BPCE SA-REG-S 0.25000% 20-15.01.26 | 2 100 000.00 | 2 547 941.89 | 0.41 |
| EUR	CHUBB INA HOLDINGS INC 2.50000% 18-15.03.38 | 1 800 000.00 | 2 733 163.17 | 0.44 |
| EUR	COCA-COLA EUROPEAN PARTNERS PLC-REG-S 1.50000% 18-08.11.27 | 1 560 000.00 | 2 026 531.79 | 0.33 |
| EUR	DXC TECHNOLOGY CO 1.75000% 18-15.01.26 | 1 000 000.00 | 1 225 724.59 | 0.20 |
| EUR	FCC AQUALIA SA-REG-S 2.62900% 17-08.06.27 | 535 000.00 | 696 850.71 | 0.11 |
| EUR	GAZPROM PJSC-REG-S 2.95000% 20-15.04.25 | 1 560 000.00 | 1 968 705.96 | 0.32 |
| EUR	HEATHROW FUNDING LTD-REG-S 1.50000% 20-12.10.25 | 765 000.00 | 957 703.39 | 0.15 |
| EUR	IMPERIAL BRANDS FINANCE PLC-REG-S 1.37500% 17-27.01.25 | 945 000.00 | 1 178 944.25 | 0.19 |
| EUR	KRAFT HEINZ FOODS CO-REG-S 2.25000% 16-25.05.28 | 500 000.00 | 629 951.22 | 0.10 |
| EUR	LIBERTY MUTUAL GROUP INC-REG-S 2.75000% 16-04.05.26 | 580 000.00 | 781 576.11 | 0.13 |
| EUR	MEDIOBANCA BANCA DI CREDITO FINAN-REG-S 0.87500% 19-15.01.26 | 600 000.00 | 733 373.48 | 0.12 |
| EUR	POSCO-REG-S 0.50000% 20-17.01.24 | 1 170 000.00 | 1 396 492.48 | 0.23 |
| EUR	RESA SA/BELGIUM-REG-S 1.00000% 16-22.07.26 | 800 000.00 | 987 313.04 | 0.16 |
| EUR	TAURON POLSKA ENERGIA SA-REG-S 2.37500% 17-05.07.27 | 1 660 000.00 | 2 071 324.96 | 0.34 |
| EUR	TDF INFRASTRUCTURE SAS 2.87500% 15-19.10.22 | 500 000.00 | 621 187.85 | 0.10 |
| EUR	TEVA PHARMACEUTICAL FINANCE II BV-REG-S 1.12500% 16-15.10.24 | 1 440 000.00 | 1 598 183.01 | 0.26 |
| EUR	TRANSPORT ET INFRASTRUCTURES GAZ-REG-S 2.20000% 15-05.08.25 | 600 000.00 | 792 179.14 | 0.13 |
| EUR	UMG GROUPE VYV 1.62500% 19-02.07.29 | 800 000.00 | 1 007 611.89 | 0.16 |
| EUR	VIATRIS INC-REG-S 3.12500% 16-22.11.28 | 900 000.00 | 1 282 740.76 | 0.21 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 1.12500% 17-02.10.23 | 1 500 000.00 | 1 855 377.79 | 0.30 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 4.12500% 18-16.11.38 | 1 400 000.00 | 2 385 414.19 | 0.39 |
| EUR	VVO-YHTYMA OYJ-REG-S 1.62500% 16-17.10.23 | 760 000.00 | 947 332.97 | 0.15 |
| Total EUR |  | 34 916 928.41 | 5.66 |
| GBP |  |  |  |
| GBP	BARCLAYS BANK PLC-SUB 9.50000% 96-07.08.21 | 950 000.00 | 1 339 436.31 | 0.22 |
| GBP	BUPA FINANCE PLC-REG-S-SUB 5.00000% 13-25.04.23 | 330 000.00 | 478 020.82 | 0.08 |
| GBP	NORTHUMBRIAN WATER FINANCE PLC-REG-S 1.62500% 16-11.10.26 | 560 000.00 | 779 373.78 | 0.13 |
| GBP	ROTHESAY LIFE PLC-REG-S-SUB 3.37500% 19-12.07.26 | 2 670 000.00 | 3 734 702.54 | 0.60 |
| GBP	SCOTTISH WIDOWS PLC-REG-S-SUB 5.50000% 13-16.06.23 | 720 000.00 | 1 060 117.66 | 0.17 |
| Total GBP |  | 7 391 651.11 | 1.20 |
| USD |  |  |  |
| USD	AMERICAN AIRLINES PASS THROUGH TRUST 4.37500% 14-01.10.22 | 776 000.00 | 262 655.56 | 0.04 |
| USD	BALTIMORE GAS & ELECTRIC CO 3.50000% 16-15.08.46 | 760 000.00 | 887 872.21 | 0.14 |
| USD	CITIGROUP INC 3.87500% 13-25.10.23 | 4 390 000.00 | 4 823 869.40 | 0.78 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 3.50000% 17-19.07.22 | 700 000.00 | 704 593.75 | 0.11 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 4.62500% 18-14.03.23 | 800 000.00 | 826 250.00 | 0.13 |
| USD	CONSUMERS ENERGY COMPANY 3.25000% 16-15.08.46 | 390 000.00 | 446 235.42 | 0.07 |
| USD	GENERAL MOTORS CO 6.60000% 16-01.04.36 | 1 055 000.00 | 1 427 357.19 | 0.23 |
| USD	GOLDMAN SACHS GROUP INC-SUB 5.15000% 15-22.05.45 | 1 100 000.00 | 1 543 517.36 | 0.25 |
| USD	KROGER CO 3.70000% 17-01.08.27 | 1 200 000.00 | 1 388 272.32 | 0.23 |
| USD	MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 737 000.00 | 723 100.18 | 0.12 |
| USD	MITSUBISHI UFJ FINANCIAL GROUP INC 2.66500% 17-25.07.22 | 700 000.00 | 724 717.00 | 0.12 |
| USD	NATL RURAL UTIL COOPERATIVE FIN CORP 3.70000% 19-15.03.29 | 560 000.00 | 655 055.91 | 0.11 |
| USD	PACIFIC GAS & ELECTRIC CO 2.10000% 20-01.08.27 | 1 035 000.00 | 1 040 808.62 | 0.17 |
| USD	PACIFIC GAS & ELECTRIC CO 2.50000% 20-01.02.31 | 1 025 000.00 | 1 030 991.12 | 0.17 |
| USD	PACIFICORP 2.70000% 20-15.09.30 | 205 000.00 | 226 125.72 | 0.04 |
| USD	PACIFICORP 6.00000% 09-15.01.39 | 1 270 000.00 | 1 903 235.46 | 0.31 |
| USD	REYNOLDS AMERICAN INC 4.45000% 15-12.06.25 | 900 000.00 | 1 026 497.07 | 0.17 |
| USD	SHELL INTERNATIONAL FINANCE BV 4.37500% 15-11.05.45 | 880 000.00 | 1 134 827.85 | 0.18 |
| USD	SOUTHERN CALIFORNIA EDISON CO 4.00000% 17-01.04.47 | 740 000.00 | 875 399.28 | 0.14 |
| USD	SOUTHERN CALIFORNIA EDISON CO 3.70000% 18-01.08.25 | 630 000.00 | 706 621.92 | 0.11 |
| USD	SOUTHERN CALIFORNIA EDISON CO 2.85000% 19-01.08.29 | 690 000.00 | 746 719.10 | 0.12 |
| USD	STAR ENERGY GEOTHERMAL DARAJAT II-REG-S 4.85000% 20-14.10.38 | 805 000.00 | 875 689.07 | 0.14 |
| USD	SUNCOR ENERGY INC 6.50000% 07-15.06.38 | 1 190 000.00 | 1 587 848.42 | 0.26 |
| USD	UPL CORP LTD-REG-S 4.62500% 20-16.06.30 | 1 430 000.00 | 1 527 865.62 | 0.25 |
| Total USD |  | 27 096 125.55 | 4.39 |
| Total des Obligations, taux fixe |  | 69 404 705.07 | 11.25 |
| Obligations, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	AG INSURANCE SA/NV-REG-S-SUB 3.500%/VAR 15-30.06.47 | 1 100 000.00 | 1 487 981.88 | 0.24 |
| EUR	ALLIANDER NV-REG-S-SUB 1.625%/VAR 18-PRP | 365 000.00 | 458 727.45 | 0.07 |
| EUR	BP CAPITAL MARKETS PLC-REG-S 3.250%/VAR 20-PRP | 1 080 000.00 | 1 377 566.79 | 0.22 |
| EUR	BP CAPITAL MARKETS PLC-REG-S-SUB 3.625%/VAR 20-PRP | 865 000.00 | 1 129 130.56 | 0.18 |
| EUR	CREDIT LOGEMENT SA-SUB 4.60400%/3M EURIBOR+115BP 06-PRP | 900 000.00 | 961 194.31 | 0.17 |
| EUR	ELECTRICITE DE FRANCE SA-REG-S-SUB 4.000%/VAR 18-PRP | 700 000.00 | 905 419.10 | 0.15 |
| EUR	ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 490 000.00 | 630 098.35 | 0.10 |
| EUR	ENGIE SA-REG-S-SUB 3.250%/VAR 19-PRP | 300 000.00 | 389 363.10 | 0.06 |
| EUR	OMV AG-REG-S-SUB 2.875%/VAR 18-PRP | 700 000.00 | 871 118.30 | 0.14 |
| EUR	ORSTED A/S-REG-S-SUB 2.250%/VAR 17-24.11.3017 | 340 000.00 | 424 420.14 | 0.07 |
| EUR	SWISS LIFE AG VIA DEMETER INV BV-SUB 4.375%/VAR 15-PRP | 1 000 000.00 | 1 352 442.86 | 0.22 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.125%/VAR 18-PRP | 600 000.00 | 667 479.60 | 0.11 |
| EUR	UNIBAIL-RODAMCO SE-REG-S-SUB 2.875%/VAR 18-PRP | 600 000.00 | 670 458.14 | 0.11 |
| EUR	VOLKSWAGEN INTL FINANCE NV-REG-S-SUB 3.375%/VAR 18-PRP | 1 400 000.00 | 1 750 040.60 | 0.28 |
| EUR	VONOVIA FINANCE BV-REG-S-SUB 4.000%/VAR 14-PRP | 600 000.00 | 742 897.61 | 0.12 |
| Total EUR |  | 13 818 338.79 | 2.24 |
| UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020 |  |  |  |

|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| GBP |  |  |  |  |
| GBP | M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 2 070 000.00 | 3 247 435.14 | 0.53 |
| Total GBP |  |  | 3 247 435.14 | 0.53 |
| USD |  |  |  |  |
| USD | BP CAPITAL MARKETS PLC-SUB 4.875%/VAR 20-PRP | 1 135 000.00 | 1 251 678.00 | 0.20 |
| USD | HUANENG HONG KONG CAPITAL LTD-REG-S 3.600%/VAR 17-PRP | 800 000.00 | 806 750.00 | 0.13 |
| USD | QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 2 070 000.00 | 2 334 835.80 | 0.38 |
| USD | SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 1 800 000.00 | 1 884 708.00 | 0.31 |
| USD | WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 1 780 000.00 | 1 839 167.20 | 0.30 |
| Total USD |  |  | 8 117 139.00 | 1.32 |
| Total des Obligations, taux variable |  | 25 182 912.93 | 4.09 |
| Total des Titres et instruments du marché monétaire négociés sur une bourse officielle |  | 496 320 736.87 | 80.51 |
| Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  |  |  |
| Billets, taux fixe |  |  |  |
| CAD |  |  |  |
| CAD	ROYAL BANK OF CANADA 1.65000% 16-15.07.21 | 2 600 000.00 | 2 022 899.91 | 0.33 |
| CAD	TELUS CORP 3.75000% 14-17.01.25 | 310 000.00 | 263 101.71 | 0.04 |
| Total CAD |  | 2 286 001.62 | 0.37 |
| USD |  |  |  |
| USD	ABB FINANCE USA INC 2.87500% 12-08.05.22 | 800 000.00 | 828 238.80 | 0.13 |
| USD	ABBVIE INC 4.40000% 13-06.11.42 | 800 000.00 | 1 006 385.60 | 0.16 |
| USD	AKER BP ASA-144A 3.00000% 20-15.01.25 | 1 045 000.00 | 1 062 729.37 | 0.17 |
| USD	ALTRIA GROUP INC 4.25000% 12-09.08.42 | 2 240 000.00 | 2 547 901.00 | 0.41 |
| USD	AT&T INC-144A 3.55000% 20-15.09.55 | 1 469 000.00 | 1 505 687.69 | 0.24 |
| USD	AUSTRALIA & NEW ZEALAND BNK-REG-S-SUB 4.50000% 14-19.03.24 | 1 000 000.00 | 1 101 902.50 | 0.18 |
| USD	BNP PARIBAS-144A 4.40000% 18-14.08.28 | 1 160 000.00 | 1 374 081.14 | 0.22 |
| USD	BRISTOL-MYERS SQUIBB CO 3.87500% 20-15.08.25 | 1 150 000.00 | 1 310 814.04 | 0.21 |
| USD	BROADCOM INC 3.15000% 20-15.11.25 | 985 000.00 | 1 070 288.39 | 0.17 |
| USD	BROADCOM INC 4.70000% 20-15.04.25 | 470 000.00 | 538 011.40 | 0.09 |
| USD	BURLINGTON NORTHERN SANTA FE LLC 5.40000% 11-01.06.41 | 830 000.00 | 1 208 087.66 | 0.20 |
| USD	CCO LLC/CAPITAL 5.37500% 17-01.05.47 | 475 000.00 | 602 560.07 | 0.10 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 3.30000% 18-01.05.23 | 2 250 000.00 | 2 380 496.40 | 0.39 |
| USD	CITIGROUP INC-SUB 4.60000% 16-09.03.26 | 550 000.00 | 642 442.46 | 0.10 |
| USD	COLONIAL ENTERPRISES INC-144A 3.25000% 20-15.05.30 | 780 000.00 | 873 508.12 | 0.14 |
| USD	COSTCO WHOLESALE CORP 1.60000% 20-20.04.30 | 325 000.00 | 333 255.32 | 0.05 |
| USD	CREDIT SUISSE NEW YORK 3.00000% 14-29.10.21 | 700 000.00 | 717 084.48 | 0.12 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 5.30000% 19-01.10.29 | 2 140 000.00 | 2 586 940.50 | 0.42 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 5.85000% 20-15.07.25 | 520 000.00 | 618 856.32 | 0.10 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 8.35000% 16-15.07.46 | 1 500 000.00 | 2 192 521.50 | 0.36 |
| USD	DIAGEO CAPITAL PLC 3.87500% 13-29.04.43 | 600 000.00 | 750 557.04 | 0.12 |
| USD	EATON CORP 4.15000% 13-02.11.42 | 760 000.00 | 956 883.32 | 0.15 |
| USD	ENLINK MIDSTREAM PARTNERS LP 4.40000% 14-01.04.24 | 970 000.00 | 934 789.00 | 0.15 |
| USD	ENTERPRISE PRODUCTS OPERATING LLC 4.85000% 13-15.03.44 | 750 000.00 | 918 320.25 | 0.15 |
| USD	ERAC USA FINANCE LLC-144A 5.62500% 12-15.03.42 | 650 000.00 | 907 198.69 | 0.15 |
| USD	GENERAL ELECTRIC CO 4.12500% 12-09.10.42 | 34 000.00 | 38 533.19 | 0.01 |
| USD	GLENCORE FUNDING LLC-144A 4.87500% 19-12.03.29 | 1 080 000.00 | 1 279 580.00 | 0.21 |
| USD	HOME DEPOT INC/THE 4.87500% 13-15.02.44 | 560 000.00 | 795 821.26 | 0.13 |
| USD	INFOR INC-144A 1.75000% 20-15.07.25 | 655 000.00 | 678 862.57 | 0.11 |
| USD	JPMORGAN CHASE & CO-SUB 3.62500% 16-01.12.27 | 1 610 000.00 | 1 826 041.72 | 0.30 |
| USD	KINDER MORGAN INC-144A 5.62500% 13-15.11.23 | 700 000.00 | 791 204.61 | 0.13 |
| USD	LIBERTY MUTUAL GROUP INC-144A 4.56900% 19-01.02.29 | 1 020 000.00 | 1 251 072.93 | 0.20 |
| USD	MERCK & CO INC 3.70000% 15-10.02.45 | 290 000.00 | 365 316.74 | 0.06 |
| USD	METROPOLITAN LIFE GLOBAL FUNDING-144A 2.40000% 18-08.01.21 | 1 000 000.00 | 1 002 126.10 | 0.16 |
| USD	MICROSOFT CORP 3.50000% 12-15.11.42 | 650 000.00 | 813 487.41 | 0.13 |
| USD	MORGAN STANLEY 6.37500% 12-24.07.42 | 520 000.00 | 851 158.41 | 0.14 |
| USD	MPLX LP 4.25000% 20-01.12.27 | 430 000.00 | 488 331.26 | 0.08 |
| USD	NXP BV / NXP FDNG LLC / NXP USA-144A 2.70000% 20-01.05.25 | 190 000.00 | 203 952.82 | 0.03 |
| USD	ONCOR ELECTRIC DELIVERY CO 3.70000% 19-15.11.28 | 440 000.00 | 518 191.91 | 0.08 |
| USD	ORIGIN ENERGY FINANCE LTD-REG-S 5.45000% 11-14.10.21 | 840 000.00 | 872 163.60 | 0.14 |
| USD	OTIS WORLDWIDE CORP 2.56500% 20-15.02.30 | 1 010 000.00 | 1 084 854.64 | 0.18 |
| USD	PPL CAPITAL FUNDING INC 4.70000% 13-01.06.43 | 1 250 000.00 | 1 558 718.75 | 0.25 |
| USD	SOUTHWESTERN ELECTRIC POWER 6.20000% 10-15.03.40 | 1 640 000.00 | 2 379 140.13 | 0.39 |
| USD	STATE STREET CORP 2.90100% 20-30.03.26 | 985 000.00 | 1 071 192.22 | 0.17 |
| USD	SWISS RE TREASURY (US) CORP-144A 4.25000% 12-06.12.42 | 700 000.00 | 874 566.35 | 0.14 |
| USD	TEACHERS INSURANCE&ANNUITY ASS-144A-SUB 4.90000% 14-15.09.44 | 720 000.00 | 965 098.15 | 0.16 |
| USD	TEVA PHARMACEUTICAL FINANCE IV LLC 3.65000% 11-10.11.21 | 400 000.00 | 403 000.00 | 0.07 |
| USD	UNICREDIT SPA-REG-S 3.75000% 17-12.04.22 | 1 400 000.00 | 1 449 923.30 | 0.24 |
| USD	UNITD AIRLNS 2016-1 CL B PAS THRUGH TRT 3.65000% 17-07.01.26 | 355 000.00 | 237 908.73 | 0.04 |
| USD	UPJOHN INC-144A 2.70000% 20-22.06.30 | 580 000.00 | 615 942.54 | 0.10 |
| USD	VERIZON COMMUNICATIONS INC-144A 2.98700% 20-30.10.56 | 543 379.20 | 575 571.05 | 0.09 |
| USD	VIACOMCBS INC 4.75000% 20-15.05.25 | 2 455 000.00 | 2 844 451.14 | 0.46 |
| USD	VIRGINIA ELECTRIC & POWER CO 4.00000% 16-15.11.46 | 720 000.00 | 959 552.42 | 0.16 |
| USD	XCEL ENERGY INC 4.80000% 11-15.09.41 | 1 630 000.00 | 2 068 027.94 | 0.34 |
| Total USD |  | 57 833 332.95 | 9.38 |
| Total des Billets, taux fixe |  | 60 119 334.57 | 9.75 |
| Medium-Term Notes, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	AUSGRID FINANCE PTY LTD-REG-S 3.75000% 17-30.10.24 | 900 000.00 | 725 323.45 | 0.12 |
| AUD	OPTUS FINANCE PTY LTD-REG-S 2.50000% 20-01.07.30 | 1 410 000.00 | 1 110 002.48 | 0.18 |
| Total AUD |  | 1 835 325.93 | 0.30 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| CAD |  |  |  |  |
| CAD | BELL CANADA 4.75000% 14-29.09.44 | 280 000.00 | 269 708.77 | 0.04 |
| CAD | SUNCOR ENERGY INC 3.00000% 16-14.09.26 | 710 000.00 | 585 198.01 | 0.10 |
| Total CAD |  |  | 854 906.78 | 0.14 |
| GBP |  |  |  |  |
| GBP | NATIONAL GRID ELECTRICITY TRANSMISSION 4.00000% 12-08.06.27 | 570 000.00 | 912 521.28 | 0.15 |
| Total GBP |  |  | 912 521.28 | 0.15 |
| Total des Medium-Term Notes, taux fixe |  | 3 602 753.99 | 0.59 |
| Medium-Term Notes, taux variable |  |  |  |
| USD |  |  |  |
| USD	AUSTRALIA & NEW ZEALAND BANK-REG-S-SUB 2.950%VAR 20-22.07.30 | 1 335 000.00 | 1 396 463.40 | 0.23 |
| Total USD |  | 1 396 463.40 | 0.23 |
| Total des Medium-Term Notes, taux variable |  | 1 396 463.40 | 0.23 |
| Obligations, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	NSW ELECTRICITY NETWORKS FINANCE PTY 2.54300% 20-23.09.30 | 1 630 000.00 | 1 227 068.57 | 0.20 |
| Total AUD |  | 1 227 068.57 | 0.20 |
| JPY |  |  |  |
| JPY	BERKSHIRE HATHAWAY FINANCE CORP 0.44000% 19-13.09.29 | 280 000 000.00 | 2 588 476.24 | 0.42 |
| Total JPY |  | 2 588 476.24 | 0.42 |
| USD |  |  |  |
| USD	COMCAST CORP 4.75000% 14-01.03.44 | 420 000.00 | 582 174.10 | 0.09 |
| USD	DUKE ENERGY CAROLINAS LLC 4.00000% 12-30.09.42 | 1 140 000.00 | 1 404 821.20 | 0.23 |
| USD	FIVE CORNERS FUNDING TRUST-144A 4.41900% 13-15.11.23 | 2 480 000.00 | 2 759 671.09 | 0.45 |
| USD	MONONGAHELA POWER CO-144A 5.40000% 13-15.12.43 | 620 000.00 | 857 801.87 | 0.14 |
| USD	PHILLIPS 66 4.65000% 14-15.11.34 | 650 000.00 | 765 021.01 | 0.12 |
| USD	TIME WARNER CABLE LLC 4.50000% 12-15.09.42 | 700 000.00 | 807 559.48 | 0.13 |
| Total USD |  | 7 177 048.75 | 1.16 |
| Total des Obligations, taux fixe |  | 10 992 593.56 | 1.78 |
| Total des Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  | 76 111 145.52 | 12.35 |

Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé
Billets, taux fixe
| EUR |  |
| --- | --- |
| EUR | ABBVIE INC 2.12500% 20-01.06.29 | 610 000.00 | 833 293.92 | 0.13 |
| EUR | ABBVIE INC 2.62500% 20-15.11.28 | 605 000.00 | 857 079.09 | 0.14 |
| Total EUR |  |  | 1 690 373.01 | 0.27 |
| USD |  |  |  |  |
| USD | ABBVIE INC 3.45000% 20-15.03.22 | 885 000.00 | 914 242.70 | 0.15 |
| USD | ABBVIE INC 4.75000% 20-15.03.45 | 260 000.00 | 341 529.50 | 0.06 |
| USD | TECK RESOURCES LTD 3.90000% 20-15.07.30 | 555 000.00 | 605 561.06 | 0.10 |
| Total USD |  |  | 1 861 333.26 | 0.31 |
| Total des Billets, taux fixe |  | 3 551 706.27 | 0.58 |
| Obligations, taux variable |  |  |  |
| USD |  |  |  |
| USD	SCENTRE GROUP TRUST 2-REG-S-SUB 4.750%/VAR 20-24.09.80 | 1 430 000.00 | 1 485 984.50 | 0.24 |
| Total USD |  | 1 485 984.50 | 0.24 |
| Total des Obligations, taux variable |  | 1 485 984.50 | 0.24 |
| Total des Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé |  | 5 037 690.77 | 0.82 |
| Nouvelles émissions de titres et instruments du marché monétaire |  |  |  |
| Billets, taux fixe |  |  |  |
| USD |  |  |  |
| USD	AKER BP ASA-144A 4.00000% 20-15.01.31 | 1 990 000.00 | 2 010 166.46 | 0.33 |
| USD	CAMERON LNG LLC-144A 3.30200% 19-15.01.35 | 930 000.00 | 1 046 911.23 | 0.17 |
| USD	CARRIER GLOBAL CORP-144A 2.72200% 20-15.02.30 | 730 000.00 | 777 711.41 | 0.13 |
| USD	CHEVRON PHILLIPS CHEMICAL CO LLC-144A 5.12500% 20-01.04.25 | 650 000.00 | 762 391.56 | 0.12 |
| USD	NXP BV / NXP FDNG LLC / NXP USA-144A 3.15000% 20-01.05.27 | 530 000.00 | 578 601.68 | 0.09 |
| Total USD |  | 5 175 782.34 | 0.84 |
| Total des Billets, taux fixe |  | 5 175 782.34 | 0.84 |
| Total des Nouvelles émissions de titres et instruments du marché monétaire |  | 5 175 782.34 | 0.84 |
| Total du Portefeuille-titres |  | 582 645 355.50 | 94.52 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020
| Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| Instruments dérivés |  |  |  |
| Instruments dérivés négociés sur une bourse officielle Contrats financiers à terme sur obligations |  |  |  |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.12.20 | -80.00 | -111 964.32 | -0.02 |
| EUR	EURO-BOBL FUTURE 08.12.20 | -27.00 | 2 260.82 | 0.00 |
| GBP	LONG GILT FUTURE 29.03.21 | -48.00 | -7 049.06 | 0.00 |
| AUD	AUSTRALIA 10YR BOND FUTURE 15.12.20 | 166.00 | 105 805.51 | 0.02 |
| CAD	CAN 10YR BOND FUTURE 22.03.21 | 76.00 | 24 045.07 | 0.00 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 22.03.21 | 52.00 | 30 875.00 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 31.03.21 | 325.00 | 48 242.03 | 0.01 |
| USD	US 10YR ULTRA NOTE FUTURE 22.03.21 | 42.00 | 26 250.00 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 22.03.21 | 524.00 | 155 562.50 | 0.03 |
| Total des Contrats financiers à terme sur obligations |  | 274 027.55 | 0.04 |
| Total des Instruments dérivés négociés sur une bourse officielle |  | 274 027.55 | 0.04 |
| Total des Instruments dérivés |  | 274 027.55 | 0.04 |
| Contrats de change à terme Devise achetée/Montant acheté/Devise vendue/Montant vendu/Date de maturité |  |  |  |

| USD | 3 461 735.85 | JPY | 362 900 000.00 | 4.12.2020 | -18 530.32 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 8 645 406.14 | AUD | 12 160 000.00 | 4.12.2020 | -314 791.19 | -0.05 |
| USD | 172 545 686.05 | EUR | 147 480 000.00 | 4.12.2020 | -3 874 559.53 | -0.63 |
| CHF | 188 414 700.00 | USD | 205 848 863.66 | 4.12.2020 | 2 280 931.13 | 0.37 |
| EUR | 59 068 600.00 | USD | 69 107 893.35 | 4.12.2020 | 1 551 836.23 | 0.25 |
| USD | 3 748 111.69 | CAD | 4 930 000.00 | 4.12.2020 | -56 203.98 | -0.01 |
| USD | 40 211 554.85 | GBP | 30 990 000.00 | 4.12.2020 | -1 161 954.53 | -0.19 |
| EUR | 683 500.00 | USD | 808 199.93 | 4.12.2020 | 9 424.41 | 0.00 |
| CHF | 3 165 200.00 | USD | 3 467 773.65 | 4.12.2020 | 28 622.47 | 0.01 |
| CHF | 2 488 100.00 | USD | 2 734 522.60 | 4.12.2020 | 13 924.00 | 0.00 |
| USD | 1 987 828.22 | EUR | 1 670 000.00 | 4.12.2020 | -9 878.66 | 0.00 |
| Total des Contrats de change à terme | -1 551 179.97 | -0.25 |
|  |  |  |
| Avoirs en banque, dépôts à vue et à terme et autres liquidités | 29 887 573.24 | 4.85 |
| Autres actifs et passifs | 5 160 744.87 | 0.84 |
| Total de l’Actif net | 616 416 521.19 | 100.00 |

UBS (Lux) Bond SICAV – Global Corporates (USD) Rapport semestriel au 30 novembre 2020