# UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Net assets in USD |  | 221 536 063.20 | 273 705 086.49 | 318 001 979.77 |
| Class (CHF hedged) I-A1-acc | LU0455555184 |  |  |  |
| Shares outstanding |  | 11 290.9070 | 13 485.9070 | 69 067.9070 |
| Net asset value per share in CHF |  | 103.91 | 108.95 | 111.87 |
| Issue and redemption price per share in CHF 1 |  | 103.91 | 108.95 | 111.87 |
| Class (CHF hedged) I-A1-dist | LU0455555267 |  |  |  |
| Shares outstanding |  | 79 251.6890 | 114 891.6890 | 119 956.6890 |
| Net asset value per share in CHF |  | 94.33 | 100.03 | 103.87 |
| Issue and redemption price per share in CHF 1 |  | 94.33 | 100.03 | 103.87 |
| Class I-A3-acc | LU0455552678 |  |  |  |
| Shares outstanding |  | 1 362.0000 | 1 362.0000 | 1 362.0000 |
| Net asset value per share in USD |  | 124.00 | 127.81 | 129.61 |
| Issue and redemption price per share in USD 1 |  | 124.00 | 127.81 | 129.61 |
| Class (CHF hedged) I-A3-acc | LU0455555697 |  |  |  |
| Shares outstanding |  | 3 000.0000 | 3 000.0000 | 5 000.0000 |
| Net asset value per share in CHF |  | 103.76 | 108.74 | 111.54 |
| Issue and redemption price per share in CHF 1 |  | 103.76 | 108.74 | 111.54 |
| Class (EUR hedged) I-A3-acc | LU0455558790 |  |  |  |
| Shares outstanding |  | 11 979.0000 | 18 978.7480 | 86 861.6490 |
| Net asset value per share in EUR |  | 108.23 | 113.06 | 115.58 |
| Issue and redemption price per share in EUR 1 |  | 108.23 | 113.06 | 115.58 |
| Class (CHF hedged) I-B-acc | LU0455555853 |  |  |  |
| Shares outstanding |  | 46 767.1330 | 78 309.1540 | 49 601.3610 |
| Net asset value per share in CHF |  | 110.21 | 115.27 | 117.79 |
| Issue and redemption price per share in CHF 1 |  | 110.21 | 115.27 | 117.79 |
| Class (EUR hedged) I-B-dist 2 | LU2451285923 |  |  |  |
| Shares outstanding |  | 148 503.3790 | - | - |
| Net asset value per share in EUR |  | 97.19 | - | - |
| Issue and redemption price per share in EUR 1 |  | 97.19 | - | - |
| Class I-X-acc 3 | LU2418147265 |  |  |  |
| Shares outstanding |  | - | - | - |
| Net asset value per share in USD |  | - | - | - |
| Issue and redemption price per share in USD 1 |  | - | - | - |
| Class (EUR hedged) I-X-acc 4 | LU2069292600 |  |  |  |
| Shares outstanding |  | - | - | 110 291.0040 |
| Net asset value per share in EUR |  | - | - | 108.26 |
| Issue and redemption price per share in EUR 1 |  | - | - | 108.26 |
| Class P-acc | LU0455550201 |  |  |  |
| Shares outstanding |  | 192 712.2140 | 254 278.3750 | 341 095.0690 |
| Net asset value per share in USD |  | 136.93 | 141.50 | 144.24 |
| Issue and redemption price per share in USD 1 |  | 136.93 | 141.50 | 144.24 |
| Class (CHF hedged) P-acc | LU0455553486 |  |  |  |
| Shares outstanding |  | 172 455.7560 | 190 037.3320 | 196 664.7550 |
| Net asset value per share in CHF |  | 112.05 | 117.74 | 121.43 |
| Issue and redemption price per share in CHF 1 |  | 112.05 | 117.74 | 121.43 |
| Class (EUR hedged) P-acc | LU0455556406 |  |  |  |
| Shares outstanding |  | 748 514.0280 | 883 104.2110 | 687 927.6750 |
| Net asset value per share in EUR |  | 119.16 | 124.80 | 128.29 |
| Issue and redemption price per share in EUR 1 |  | 119.16 | 124.80 | 128.29 |
| Class Q-acc | LU1240775160 |  |  |  |
| Shares outstanding |  | 70 804.4860 | 114 564.1230 | 68 812.5630 |
| Net asset value per share in USD |  | 122.37 | 126.20 | 128.14 |
| Issue and redemption price per share in USD 1 |  | 122.37 | 126.20 | 128.14 |
| Class (CHF hedged) Q-acc | LU1240774940 |  |  |  |
| Shares outstanding |  | 31 345.2910 | 42 997.7070 | 32 073.6280 |
| Net asset value per share in CHF |  | 103.72 | 108.77 | 111.73 |
| Issue and redemption price per share in CHF 1 |  | 103.72 | 108.77 | 111.73 |
| Class (EUR hedged) Q-acc | LU1240775087 |  |  |  |
| Shares outstanding | 360 927.8200 | 427 429.8880 | 463 677.1210 |
| Net asset value per share in EUR | 107.02 | 111.87 | 114.53 |
| Issue and redemption price per share in EUR 1 | 107.02 | 111.87 | 114.53 |
| 1  See note 1 2  First NAV: 30.8.2022 3  For the period from 9.2.2022 to 21.4.2022 the share class I-X-acc was in circulation 4  The share class (EUR hedged) I-X-acc was in circulation until 2.11.2021 |  |  |  |

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

### Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
United States	49.27
France	7.14
New Zealand	6.28
United Kingdom	5.96
Italy	5.59
Luxembourg	2.88
Spain	2.66
Japan	2.10
Brazil	1.37
The Netherlands	1.28
Mexico	1.26
Sweden	1.25
Australia	0.99
Denmark	0.70
Switzerland	0.67
Germany	0.62
Russian Federation (CIS)	0.57
Cayman Islands	0.34
Turkey	0.28
Romania	0.28
Mongolia	0.25
Peru	0.25
Thailand	0.20
Colombia	0.19
China	0.16
India	0.15
Bulgaria	0.15
Argentina	0.14
Egypt	0.14
Venezuela	0.13
Kazakhstan	0.12
Finland	0.11
Czech Republic	0.09
Chile	0.07
Bermuda	0.07
Jersey	0.05
Ecuador	0.04
Economic Breakdown as a % of net assets	
Countries & central governments	79.92
Finance & holding companies	2.60
Banks & credit institutions	1.97
Investment funds	1.61
Mortgage & funding institutions	1.31
Traffic & transportation	0.89
Insurance	0.74
Telecommunications	0.69
Chemicals	0.60
Energy & water supply	0.52
Real Estate	0.45
Mining, coal & steel	0.41
Retail trade, department stores	0.40
Petroleum	0.40
Miscellaneous unclassified companies	0.28
Internet, software & IT services	0.23
Electrical devices & components	0.21
Tobacco & alcohol	0.17
Supranational organisations	0.13
Miscellaneous services	0.12
Mechanical engineering & industrial equipment	0.11
Healthcare & social services	0.04
Total	93.80
Total	93.80
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Semi-Annual Report as of 30 November 2022

### Statement of Net Assets
Assets	30.11.2022
USD
Investments in securities, cost	232 608 786.48
Investments in securities, unrealized appreciation (depreciation)	24 804 186.70
Total investments in securities (Note 1)	207 804 599.78
Cash at banks, deposits on demand and deposit accounts	7 463 414.36*
Other liquid assets (Margins)	605 605.94
Receivable on securities sales (Note 1)	8 396 316.83
Receivable on subscriptions	19 500.31
Interest receivable on securities	1 018 098.81
Interest receivable on liquid assets	575.43
Prepaid expenses	53 038.62
Unrealized gain on financial futures (Note 1)	114 646.04
Unrealized gain on forward foreign exchange contracts (Note 1)	3 473 193.47
Unrealized gain on swaps (Note 1)	2 704 190.99
Bank overdraft	-1 754 142.51
Interest payable on bank overdraft	-152.75
Payable on securities purchases (Note 1)	-4 124 482.67
Payable on redemptions	-4 070 506.57
Provisions for flat fee (Note 2)	-135 896.82
Provisions for taxe d’abonnement (Note 3)	-16 030.70
Provisions for other commissions and fees (Note 2)		-15 905.36		 Total provisions			-167 832.88
Net assets at the end of the period	221 536 063.20

### Statement of Operations
Income	1.6.2022-30.11.2022
USD
Interest on liquid assets	41 498.51
Interest on securities	1 882 471.23
Dividends	213 300.00
Interest received on swaps (Note 1)	2 155 372.41
Net income on securities lending (Note 11)	29 091.59
Total income	4 382 486.55
Expenses
Other income (Note 4)	60 752.81
Interest paid on swaps (Note 1)	-2 011 268.35
Flat fee (Note 2)	-903 804.66
Taxe d’abonnement (Note 3)	-47 573.57
Other commissions and fees (Note 2)	-15 499.43
Total expenses	-3 016 976.80
Net income (loss) on investments	1 365 509.75
Realized gain (loss) (Note 1)
Interest on cash and bank overdraft	-38 830.79
Realized gain (loss) on market-priced securities without options	-8 185 656.61
Realized gain (loss) on yield-evaluated securities and money market instruments	196.77
Realized gain (loss) on financial futures	-813 983.99
Realized gain (loss) on forward foreign exchange contracts	-11 399 192.74
Realized gain (loss) on swaps	1 368 281.29
Total realized gain (loss)	-11 375 052.01
Net realized gain (loss) of the period	-10 009 542.26
Changes in unrealized appreciation (depreciation) (Note 1)
Realized gain (loss) on foreign exchange	7 655 303.27
Unrealized appreciation (depreciation) on market-priced securities without options	-6 760 427.44 Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments			-188.60 Unrealized appreciation (depreciation) on financial futures		342 308.52
Unrealized appreciation (depreciation) on forward foreign exchange contracts	1 147 263.89
Total changes in unrealized appreciation (depreciation)	-7 899 457.58
Net increase (decrease) in net assets as a result of operations	-17 908 999.84
Unrealized appreciation (depreciation) on swaps	-2 628 413.95
* As at 30 November 2022, cash amounts serve as collateral for the counterparty Citibank for an amount of USD 260 000.00 and Morgan Stanley London for an amount of USD 10 000.00.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Semi-Annual Report as of 30 November 2022
| Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2022-30.11.2022 |
| Net assets at the beginning of the period | 273 705 086.49 |
| Subscriptions | 22 334 337.55 |
| Redemptions | 	-56 474 127.36	 |
| Total net subscriptions (redemptions) | -34 139 789.81 |
| Dividend paid | -120 233.64 |
| Net income (loss) on investments | 1 365 509.75 |
| Total realized gain (loss) | -11 375 052.01 |
| Total changes in unrealized appreciation (depreciation) | 	-7 899 457.58	 |
| Net increase (decrease) in net assets as a result of operations | -17 908 999.84 |
| Net assets at the end of the period | 221 536 063.20 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2022-30.11.2022 |
| Class | (CHF hedged) I-A1-acc |
| Number of shares outstanding at the beginning of the period | 13 485.9070 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -2 195.0000 |
| Number of shares outstanding at the end of the period | 11 290.9070 |
| Class | (CHF hedged) I-A1-dist |
| Number of shares outstanding at the beginning of the period | 114 891.6890 |
| Number of shares issued | 1 750.0000 |
| Number of shares redeemed | -37 390.0000 |
| Number of shares outstanding at the end of the period | 79 251.6890 |
| Class | I-A3-acc |
| Number of shares outstanding at the beginning of the period | 1 362.0000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 1 362.0000 |
| Class | (CHF hedged) I-A3-acc |
| Number of shares outstanding at the beginning of the period | 3 000.0000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 3 000.0000 |
| Class | (EUR hedged) I-A3-acc |
| Number of shares outstanding at the beginning of the period | 18 978.7480 |
| Number of shares issued | 3 310.0000 |
| Number of shares redeemed | -10 309.7480 |
| Number of shares outstanding at the end of the period | 11 979.0000 |
| Class | (CHF hedged) I-B-acc |
| Number of shares outstanding at the beginning of the period | 78 309.1540 |
| Number of shares issued | 5 248.9760 |
| Number of shares redeemed | -36 790.9970 |
| Number of shares outstanding at the end of the period | 46 767.1330 |
| Class | (EUR hedged) I-B-dist |
| Number of shares outstanding at the beginning of the period | 0.0000 |
| Number of shares issued | 148 503.3790 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 148 503.3790 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 254 278.3750 |
| Number of shares issued | 4 144.3010 |
| Number of shares redeemed | -65 710.4620 |
| Number of shares outstanding at the end of the period | 192 712.2140 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 190 037.3320 |
| Number of shares issued | 3 994.3890 |
| Number of shares redeemed | -21 575.9650 |
| Number of shares outstanding at the end of the period | 172 455.7560 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 883 104.2110 |
| Number of shares issued | 25 377.4530 |
| Number of shares redeemed | -159 967.6360 |
| Number of shares outstanding at the end of the period | 748 514.0280 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the period | 114 564.1230 |
| Number of shares issued | 4 068.0770 |
| Number of shares redeemed | -47 827.7140 |
| Number of shares outstanding at the end of the period | 70 804.4860 |
| Class | (CHF hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 42 997.7070 |
| Number of shares issued | 500.0000 |
| Number of shares redeemed | -12 152.4160 |
| Number of shares outstanding at the end of the period | 31 345.2910 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Semi-Annual Report as of 30 November 2022
| Class |  |  |  | (EUR hedged) Q-acc |
| --- | --- | --- | --- | --- |
| Number of shares outstanding at the beginning of the period |  |  |  | 427 429.8880 |
| Number of shares issued |  |  |  | 19 366.8280 |
| Number of shares redeemed |  |  |  | -85 868.8960 |
| Number of shares outstanding at the end of the period |  |  |  | 360 927.8200 |
| Annual Distribution 1 |  |  |  |  |
| UBS (Lux) Bond SICAV – Global Inflation-linked (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| (CHF hedged) I-A1-dist 1  See note 5 | 1.8.2022 | 4.8.2022 | CHF | 1.12 |

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

### Statement of Investments in Securities and other Net Assets as of 30 November 2022
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Notes, fixed rate |  |  |  |
| BRL |  |  |  |
| BRL	BRAZIL, FEDERATIVE REPUBLIC OF 10.00000% 16-01.01.27 | 9 300.00 | 1 622 116.59 | 0.74 |
| BRL	BRAZIL, FEDERATIVE REPUBLIC OF 10.00000% 20-01.01.31 | 8 500.00 | 1 404 979.64 | 0.63 |
| Total BRL |  | 3 027 096.23 | 1.37 |
| EUR |  |  |  |
| EUR	ALTICE FRANCE HOLDING SA-REG-S 8.00000% 19-15.05.27 | 300 000.00 | 234 537.79 | 0.11 |
| EUR	BULGARIAN ENERGY HOLDING EAD-REG-S 2.45000% 21-22.07.28 | 410 000.00 | 324 743.89 | 0.15 |
| EUR	CELANESE US HOLDINGS LLC 4.77700% 22-19.07.26 | 150 000.00 | 149 225.03 | 0.07 |
| EUR	CHINA, PEOPLE’S REPUBLIC OF-REG-S 1.00000% 19-12.11.39 | 490 000.00 | 360 832.49 | 0.16 |
| EUR	DKT FINANCE APS-REG-S 7.00000% 18-17.06.23 | 800 000.00 | 801 929.31 | 0.36 |
| EUR	GTC AURORA LUXEMBOURG SA-REG-S 2.25000% 21-23.06.26 | 280 000.00 | 210 028.01 | 0.09 |
| EUR	MACIF-REG-S-SUB 0.62500% 21-21.06.27 | 200 000.00 | 170 867.95 | 0.08 |
| EUR	TELE COLUMBUS AG-REG-S 3.87500% 18-02.05.25 | 200 000.00 | 160 734.55 | 0.07 |
| EUR	TRITAX EUROBOX PLC-REG-S 0.95000% 21-02.06.26 | 160 000.00 | 134 980.03 | 0.06 |
| Total EUR |  | 2 547 879.05 | 1.15 |
| GBP |  |  |  |
| GBP	CPUK FINANCE LTD-REG-S 4.50000% 21-28.08.27 | 110 000.00 | 108 718.16 | 0.05 |
| Total GBP |  | 108 718.16 | 0.05 |
| USD |  |  |  |
| USD	ARCELORMITTAL SA 6.55000% 22-29.11.27 | 900 000.00 | 907 758.33 | 0.41 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.07.35 | 291 000.00 | 70 567.50 | 0.03 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.01.38 | 140 203.00 | 42 393.88 | 0.02 |
| USD	ARGENTINA, REPUBLIC OF 1.00000% 20-09.07.29 | 20 992.00 | 5 457.92 | 0.00 |
| USD	CELANESE US HOLDINGS LLC 6.05000% 22-15.03.25 | 480 000.00 | 477 589.20 | 0.22 |
| USD	CELANESE US HOLDINGS LLC 5.90000% 22-05.07.24 | 375 000.00 | 372 707.16 | 0.17 |
| USD	CHILE, REPUBLIC OF 3.86000% 17-21.06.47 | 200 000.00 | 159 250.00 | 0.07 |
| USD	ECUADOR GOVT INTERNATIONAL BD-REG-S STEP-UP/DOWN 20-31.07.35 | 99 060.00 | 43 140.63 | 0.02 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 0.50000% 20-31.07.30 | 37 800.00 | 22 887.90 | 0.01 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 20-31.07.40 | 45 400.00 | 17 998.26 | 0.01 |
| USD	FLOWSERVE CORP 3.50000% 20-01.10.30 | 300 000.00 | 251 095.51 | 0.11 |
| USD	MEITUAN DIANPING-REG-S 3.05000% 20-28.10.30 | 700 000.00 | 516 162.50 | 0.23 |
| USD	PEGASUS HAVA TASIMACILIGI AS-REG-S 9.25000% 21-30.04.26 | 260 000.00 | 244 286.25 | 0.11 |
| USD	RAKUTEN GROUP INC-REG-S 10.25000% 22-30.11.24 | 660 000.00 | 647 920.18 | 0.29 |
| USD	RELIANCE INDUSTRIES LTD-REG-S 3.62500% 22-12.01.52 | 500 000.00 | 337 906.25 | 0.15 |
| USD	SANTOS FINANCE LTD-REG-S 3.64900% 21-29.04.31 | 300 000.00 | 239 731.74 | 0.11 |
| USD	SHIMAO PRPTY HLDG LTD-REG-S *DEFAULTED* 3.45000% 21-11.01.31 | 200 000.00 | 21 000.00 | 0.01 |
| USD	SHIMAO PRPTY HLDG LTD-REG-S *DEFAULTED* 5.20000% 21-16.01.27 | 250 000.00 | 27 500.00 | 0.01 |
| USD	TURKEY, REPUBLIC OF 6.87500% 06-17.03.36 | 450 000.00 | 375 750.00 | 0.17 |
| USD	VEB FINANCE PLC-REG-S LPN 5.94200% 13-21.11.23 | 200 000.00 | 9 625.00 | 0.01 |
| USD	YPF SA-REG-S 6.95000% 17-21.07.27 | 160 000.00 | 106 640.00 | 0.05 |
| USD	YPF SA-REG-S 7.00000% 17-15.12.47 | 170 000.00 | 93 500.00 | 0.04 |
| Total USD |  | 4 990 868.21 | 2.25 |
| Total Notes, fixed rate |  | 10 674 561.65 | 4.82 |
| Notes, zero coupon |  |  |  |
| USD |  |  |  |
| USD	ECUADOR, REPUBLIC OF-REG-S 0.00000% 20-31.07.30 | 12 974.00 | 4 746.05 | 0.00 |
| Total USD |  | 4 746.05 | 0.00 |
| Total Notes, zero coupon |  | 4 746.05 | 0.00 |
| Notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	BPCE SA-REG-S-SUB 1.500%/VAR 21-13.01.42 | 600 000.00 | 527 963.34 | 0.24 |
| EUR	BRITISH AMERICAN TOBACCO PLC-REG-S -SUB 3.750%/VAR 21-PRP | 480 000.00 | 374 649.60 | 0.17 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.125%/VAR 22-13.10.26 | 655 000.00 | 575 062.39 | 0.26 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.875%/VAR 22-02.04.32 | 405 000.00 | 296 433.65 | 0.13 |
| EUR	ORSTED AS-REG-S-SUB 5.250%/VAR 22-08.12.22 | 135 000.00 | 139 002.75 | 0.06 |
| EUR	RAKUTEN GROUP INC-REG-S-SUB 4.250%VAR 21-PRP | 405 000.00 | 244 284.49 | 0.11 |
| EUR	TELEFONICA EUROPE BV-REG-S-SUB 7.125%/VAR 22-PRP | 300 000.00 | 319 465.39 | 0.14 |
| EUR	WINTERSHALL DEA FINANCE 2BV-REG-S-SUB 2.498%/VAR 21-PRP | 200 000.00 | 169 892.25 | 0.08 |
| EUR	WINTERSHALL DEA FINANCE 2BV-REG-S-SUB 3.000%/VAR 21-PRP | 100 000.00 | 77 811.48 | 0.04 |
| Total EUR |  | 2 724 565.34 | 1.23 |
| USD |  |  |  |
| USD	ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 200 000.00 | 169 750.00 | 0.08 |
| USD	BARCLAYS PLC-SUB COCO 8.000% 22-PRP | 210 000.00 | 197 925.00 | 0.09 |
| USD	PRUDENTIAL PLC-SUB-REG-S 2.950%/VAR 21-03.11.33 | 455 000.00 | 359 948.68 | 0.16 |
| USD	SOCIETE GENERALE SA-REG-S-SUB 9.375%/VAR 22-PRP | 200 000.00 | 205 250.00 | 0.09 |
| USD	VODAFONE GROUP PLC-SUB 3.250%/VAR 21-04.06.81 | 200 000.00 | 165 960.00 | 0.08 |
| Total USD |  | 1 098 833.68 | 0.50 |
| Total Notes, floating rate |  | 3 823 399.02 | 1.73 |
| Medium term notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	CORPORACION ANDINA DE FOMENTO 4.50000% 15-05.06.25 | 450 000.00 | 296 654.66 | 0.13 |
| Total AUD |  | 296 654.66 | 0.13 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| EUR |  |  |  |  |
| EUR | AEROPORTI DI ROMA SPA-REG-S 1.75000% 21-30.07.31 | 215 000.00 | 169 885.20 | 0.08 |
| EUR | AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 200 000.00 | 169 084.59 | 0.08 |
| EUR | CEZ AS-REG-S 2.37500% 22-06.04.27 | 215 000.00 | 202 965.22 | 0.09 |
| EUR | CTP NV-REG-S 0.87500% 22-20.01.26 | 990 000.00 | 835 374.46 | 0.38 |
| EUR | DEUTSCHE LUFTHANSA AG-REG-S 2.87500% 21-16.05.27 | 100 000.00 | 90 333.26 | 0.04 |
| EUR | ENBW INTERNATIONAL FINANCE BV-REG-S 4.04900% 22-22.11.29 | 130 000.00 | 136 484.21 | 0.06 |
| EUR | FERROVIE DELLO STATO ITALIANE SPA-REG-S 3.75000% 22-14.04.27 | 560 000.00 | 564 287.74 | 0.25 |
| EUR | ORANO SA-REG-S 5.37500% 22-15.05.27 | 400 000.00 | 425 945.61 | 0.19 |
| EUR | P3 GROUP SARL-REG-S 0.87500% 22-26.01.26 | 580 000.00 | 493 047.86 | 0.22 |
| EUR | PPF ARENA 1 BV-REG-S 2.12500% 19-31.01.25 | 450 000.00 | 434 747.78 | 0.20 |
| EUR | REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 100 000.00 | 93 103.43 | 0.04 |
| EUR | ROMANIA-REG-S 4.62500% 19-03.04.49 | 500 000.00 | 386 376.16 | 0.17 |
| EUR | RWE AG-REG-S 2.75000% 22-24.05.30 | 290 000.00 | 280 053.74 | 0.13 |
| EUR | UNICAJA BANCO SA-REG-S 4.50000% 22-30.06.25 | 400 000.00 | 409 790.81 | 0.19 |
| EUR | VONOVIA SE-REG-S 1.62500% 21-01.09.51 | 200 000.00 | 114 828.22 | 0.05 |
| EUR | VONOVIA SE-REG-S 5.00000% 22-23.11.30 | 100 000.00 | 104 980.65 | 0.05 |
| EUR | WESTERN POWER DISTRIBUTION EAST-REG-S 3.94900% 22-20.09.32 | 105 000.00 | 110 182.33 | 0.05 |
| Total EUR |  |  | 5 021 471.27 | 2.27 |
| GBP |  |  |  |  |
| GBP | FORD MOTOR CREDIT CO LLC 2.74800% 20-14.06.24 | 350 000.00 | 393 369.15 | 0.18 |
| Total GBP |  |  | 393 369.15 | 0.18 |
| USD |  |  |  |  |
| USD | EGYPT, REPUBLIC OF-REG-S 8.70020% 19-01.03.49 | 450 000.00 | 300 375.00 | 0.14 |
| USD | GC TREASURY CENTER CO LTD-REG-S 4.40000% 22-30.03.32 | 500 000.00 | 442 510.00 | 0.20 |
| USD | MEXICO, UNITED STATES OF 4.75000% 12-08.03.44 | 150 000.00 | 126 496.87 | 0.06 |
| USD | MONGOLIA,GOVERNMENT OF-REG-S 8.75000% 17-09.03.24 | 600 000.00 | 561 300.00 | 0.25 |
| USD | ROMANIA-REG-S 6.12500% 14-22.01.44 | 250 000.00 | 227 546.88 | 0.10 |
| Total USD |  |  | 1 658 228.75 | 0.75 |
| Total Medium term notes, fixed rate |  | 7 369 723.83 | 3.33 |
| Medium term notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 100 000.00 | 93 429.20 | 0.04 |
| EUR	BANCO DE SABADELL SA-REG-S 2.625%/VAR 22-24.03.26 | 200 000.00 | 193 681.70 | 0.09 |
| EUR	CREDIT SUISSE GROUP AG-REG-S 0.650%/VAR 20-14.01.28 | 150 000.00 | 115 323.17 | 0.05 |
| EUR	DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 200 000.00 | 191 576.68 | 0.09 |
| EUR	DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 100 000.00 | 81 676.57 | 0.04 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 100 000.00 | 99 991.57 | 0.04 |
| EUR	TOTAL SE-REG-S-SUB 2.625%/VAR 15-PRP | 700 000.00 | 681 974.05 | 0.31 |
| EUR	VIRGIN MONEY UK PLC-REG-S 0.000%/VAR 21-27.05.24 | 260 000.00 | 261 306.47 | 0.12 |
| Total EUR |  | 1 718 959.41 | 0.78 |
| Total Medium term notes, floating rate |  | 1 718 959.41 | 0.78 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ADLER REAL ESTATE AG-REG-S 1.87500% 18-27.04.23 | 200 000.00 | 191 617.87 | 0.09 |
| EUR	ADO PROPERTIES SA-REG-S 1.50000% 17-26.07.24 | 200 000.00 | 142 157.60 | 0.06 |
| EUR	AUTOSTRADE PER L’ITALIA SPA REG-S 2.00000% 21-15.01.30 | 440 000.00 | 370 511.56 | 0.17 |
| EUR	FINNAIR OYJ-REG-S 4.25000% 21-19.05.25 | 305 000.00 | 236 317.55 | 0.11 |
| EUR	MAPFRE SA-REG-S-SUB 2.87500% 22-13.04.30 | 300 000.00 | 260 362.99 | 0.12 |
| EUR	MPT OPERATING PARTNERSHIP LP/FIN CORP 3.32500% 17-24.03.25 | 100 000.00 | 92 122.78 | 0.04 |
| EUR	WINTERSHALL DEA FINANCE BV-REG-S 0.84000% 19-25.09.25 | 600 000.00 | 563 523.33 | 0.25 |
| Total EUR |  | 1 856 613.68 | 0.84 |
| GBP |  |  |  |
| GBP	BELLIS ACQUISITION CO PLC-REG-S 3.25000% 21-16.02.26 | 180 000.00 | 174 277.16 | 0.08 |
| GBP	BERKELEY GROUP PLC/THE-REG-S 2.50000% 21-11.08.31 | 185 000.00 | 146 896.91 | 0.07 |
| Total GBP |  | 321 174.07 | 0.15 |
| MXN |  |  |  |
| MXN	MEXICO, UNITED MEXICAN STATES 7.75000% 11-13.11.42 | 563 200.00 | 2 508 592.55 | 1.13 |
| Total MXN |  | 2 508 592.55 | 1.13 |
| USD |  |  |  |
| USD	COLOMBIA, REPUBLIC OF 6.12500% 09-18.01.41 | 530 000.00 | 416 050.00 | 0.19 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 2.70000% 21-12.07.26 | 200 000.00 | 89 000.00 | 0.04 |
| USD	KAZAKHSTAN, REPUBLIC OF-REG-S 4.87500% 14-14-10.44 | 300 000.00 | 266 550.00 | 0.12 |
| USD	MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 201 000.00 | 147 735.00 | 0.07 |
| USD	PERU, REPUBLIC OF 2.78300% 20-23.01.31 | 500 000.00 | 422 500.00 | 0.19 |
| USD	PERU, REPUBLIC OF 8.75000% 03-21.11.33 | 100 000.00 | 124 125.00 | 0.05 |
| Total USD |  | 1 465 960.00 | 0.66 |
| Total Bonds, fixed rate |  | 6 152 340.30 | 2.78 |
| Bonds, floating rate |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA-REG-S 2.500%/CPI LINKED 10-20.09.30 | 1 600 000.00 | 1 563 851.29 | 0.71 |
| Total AUD |  | 1 563 851.29 | 0.71 |
| DKK |  |  |  |
| DKK	DENMARK, KINGDOM OF 0.100%/CPI LINKED 18-15.11.30 | 3 750 000.00 | 604 803.45 | 0.27 |
| Total DKK |  | 604 803.45 | 0.27 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| EUR |  |  |  |  |
| EUR | ABANCA CORP BANCARIA SA-REG-S-SUB 6.125%/VAR 19-18.01.29 | 400 000.00 | 406 526.42 | 0.18 |
| EUR | BANCO DE CREDITO SOCIAL-REG-S 8.000%/VAR 22-22.09.26 | 400 000.00 | 416 659.00 | 0.19 |
| EUR | ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 100 000.00 | 95 483.56 | 0.04 |
| EUR | FRANCE, REPUBLIC OF 1.850%/CPTFEMU LINKED 10-25.07.27 | 1 600 000.00 | 2 321 238.09 | 1.05 |
| EUR | FRANCE, REPUBLIC OF-OAT-REG-S 0.700%/CPI LINKED 14-25.07.30 | 4 200 000.00 | 5 523 216.83 | 2.49 |
| EUR | FRANCE, REPUBLIC OF-OAT 0.100%/CPI LINKED 15-01.03.25 | 150 000.00 | 179 069.95 | 0.08 |
| EUR | FRANCE, REPUBLIC OF-OAT-REG-S 0.100%/CPI LINKED 17-01.03.28 | 2 000 000.00 | 2 416 295.88 | 1.09 |
| EUR | FRANCE, REPUBLIC OF-REG-S 0.100%/CPTFEMU LINKED 20-01.03.26 | 1 620 000.00 | 1 931 000.66 | 0.87 |
| EUR | FRANCE,REPUBLIC OF-OAT 0.100%/INFLATION IDX LKD 19-01.03.29 | 1 000 000.00 | 1 200 755.38 | 0.54 |
| EUR | ITALY, REPUBLIC OF 3.100%/CPI LINKED 11-15.09.26 | 1 970 000.00 | 2 804 325.39 | 1.27 |
| EUR | ITALY, REPUBLIC OF-144A-REG-S 1.300%/CPI LINKED 17-15.05.28 | 1 000 000.00 | 1 233 023.09 | 0.56 |
| EUR | ITALY, REPUBLIC OF-144A-REG-S 0.400%/CPI LINKED 19-15.05.30 | 5 000 000.00 | 5 504 333.42 | 2.48 |
| EUR | ITALY, REPUBLIC OF-REG-S 0.650%/CPI LINKED 20-15.05.26 | 1 500 000.00 | 1 747 717.57 | 0.79 |
| EUR | SES SA-REG-S-SUB 2.875%/VAR 21-PRP | 780 000.00 | 641 778.78 | 0.29 |
| EUR | SPAIN GOVERNMENT-144A-REG-S 1.000%/CPI LINKED 15-30.11.30 | 2 000 000.00 | 2 564 722.43 | 1.16 |
| EUR | SPAIN GOVERNMENT-144A-REG-S 0.650%/CPI LINKED 17-30.11.27 | 1 300 000.00 | 1 633 600.98 | 0.74 |
| Total EUR |  |  | 30 619 747.43 | 13.82 |
| GBP |  |  |  |  |
| GBP | M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 175 000.00 | 191 582.76 | 0.08 |
| GBP | UNITED KINGDOM OF GB & NI 4.125%/RPI LINKED 92-22.07.30 | 730 000.00 | 3 010 478.97 | 1.36 |
| GBP | UNITED KINGDOM OF GB & NI 0.625%/RPI LINKED 10-22.03.40 | 1 100 000.00 | 2 330 369.48 | 1.05 |
| GBP | UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 11-22.03.29 | 920 000.00 | 1 676 050.97 | 0.76 |
| GBP | UNITED KINGDOM OF GB&NI-REG-S 0.125%/RPI LINKED 21-10.08.31 | 1 500 000.00 | 2 256 422.17 | 1.02 |
| GBP | UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 18-10.08.28 | 1 170 000.00 | 1 814 482.88 | 0.82 |
| Total GBP |  |  | 11 279 387.23 | 5.09 |
| JPY |  |  |  |  |
| JPY | JAPAN 0.005%/CPI LINKED 21-10.03.31 | 130 000 000.00 | 1 026 271.28 | 0.46 |
| JPY | JAPAN 0.100%/CPI LINKED 16-10.03.26 | 150 000 000.00 | 1 174 096.95 | 0.53 |
| JPY | JAPAN 0.100%/CPI LINKED 19-10.03.29 | 200 000 000.00 | 1 566 774.04 | 0.71 |
| Total JPY |  |  | 3 767 142.27 | 1.70 |
| NZD |  |  |  |  |
| NZD | NEW ZEALAND-REG-S 2.500%/CPI LINKED 14-20.09.35 | 5 286 000.00 | 4 019 213.38 | 1.82 |
| Total NZD |  |  | 4 019 213.38 | 1.82 |
| SEK |  |  |  |  |
| SEK | SWEDEN, KINGDOM OF 0.125%/CPI LINKED 17-01.12.27 | 24 000 000.00 | 2 777 497.55 | 1.25 |
| Total SEK |  |  | 2 777 497.55 | 1.25 |
| USD |  |  |  |  |
| USD | CREDIT SUISSE GROUP AG-REG-S-SUB 7.500%/VAR 18-PRP | 650 000.00 | 503 620.00 | 0.23 |
| USD | QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 250 000.00 | 238 475.00 | 0.11 |
| USD | SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 200 000.00 | 148 988.80 | 0.06 |
| USD | WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 180 000.00 | 150 466.32 | 0.07 |
| Total USD |  |  | 1 041 550.12 | 0.47 |
| Total Bonds, floating rate |  | 55 673 192.72 | 25.13 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 21-15.04.26 | 6 400 000.00 | 6 867 297.44 | 3.10 |
| USD	AMERICA, UNITED STATES OF 0.125%INFLATION LINKED 21-15.07.31 | 5 500 000.00 | 5 499 840.73 | 2.48 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 22-15.04.27 | 4 065 000.00 | 4 026 539.96 | 1.82 |
| Total USD |  | 16 393 678.13 | 7.40 |
| Total Treasury notes, fixed rate |  | 16 393 678.13 | 7.40 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 15-15.02.45 | 2 650 000.00 | 2 792 495.81 | 1.26 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.07.27 | 7 650 000.00 | 8 858 539.74 | 4.00 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28 | 4 100 000.00 | 4 704 184.01 | 2.12 |
| USD	AMERICA, UNITED STATES OF 0.875%/CPI LINKED 19-15.01.29 | 5 000 000.00 | 5 680 137.34 | 2.56 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI INDEX 19-15.07.29 | 6 000 000.00 | 6 468 714.16 | 2.92 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 7 540 000.00 | 9 117 307.61 | 4.11 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.07.26 | 8 433 000.00 | 9 930 885.17 | 4.48 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 1 000 000.00 | 1 171 939.70 | 0.53 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 7 000 000.00 | 7 996 192.24 | 3.61 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.01.30 | 6 800 000.00 | 7 161 480.72 | 3.23 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.07.30 | 7 000 000.00 | 7 389 466.33 | 3.34 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 21-15.01.31 | 6 780 000.00 | 7 003 680.33 | 3.16 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI INDEX 21-15.10.26 | 1 900 000.00 | 1 958 640.31 | 0.88 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 22-15.01.32 | 3 700 000.00 | 3 548 920.63 | 1.60 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 22-15.07.32 | 3 500 000.00 | 3 362 728.77 | 1.52 |
| Total USD |  | 87 145 312.87 | 39.32 |
| Total Treasury notes, floating rate |  | 87 145 312.87 | 39.32 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 188 955 913.98 | 85.29 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Mortgage Backed Securities, fixed rate |  |  |  |
| USD |  |  |  |
| USD	MSBAM LYNCH TRUST-SUB 3.99400% 16-01.12.49 | 150 000.00 | 138 289.51 | 0.06 |
| Total USD |  | 138 289.51 | 0.06 |
| Total Mortgage Backed Securities, fixed rate |  | 138 289.51 | 0.06 |
| UBS (Lux) Bond SICAV – Global Inflation-linked (USD) |  |  |  |
| Semi-Annual Report as of 30 November 2022 |  |  |  |

| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |

Mortgage Backed Securities, floating rate
| USD |  |
| --- | --- |
| USD | AVENTURA MALL TRUST-144A FLR 18-01.07.40 | 400 000.00 | 359 904.80 | 0.16 |
| USD | BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34 | 350 000.00 | 332 371.24 | 0.15 |
| USD | BANK 2017-BNK9 VAR 17-01.11.54 | 300 000.00 | 271 031.64 | 0.12 |
| USD | BBCMS TRUST CBM-144A 1M LIBOR+119.1098BP 18-15.07.37 | 350 000.00 | 331 991.83 | 0.15 |
| USD | BENCHMARK MORTGAGE TRUST VAR 18-01.02.51 | 150 000.00 | 137 403.29 | 0.06 |
| USD | CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+145BP 19-15.12.37 | 125 000.00 | 120 298.14 | 0.05 |
| USD | CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37 | 270 000.00 | 259 167.62 | 0.12 |
| USD | CORE TRUST CORE-144A 1M LIBOR+110BP 19-15.12.31 | 190 000.00 | 34 637.17 | 0.02 |
| USD | GS MORTGAGE SECURITIES TRUST-144A VAR 17-01.01.43 | 1 225 000.00 | 1 083 467.29 | 0.49 |
| USD | JPMCC COMMERCIAL MORTGAGE SEC TRUST VAR 17-01.09.50 | 550 000.00 | 454 572.58 | 0.21 |
| Total USD |  |  | 3 384 845.60 | 1.53 |
| Total Mortgage Backed Securities, floating rate |  | 3 384 845.60 | 1.53 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AVOLON HOLDINGS FUNDING LTD-144A 2.12500% 21-21.02.26 | 105 000.00 | 89 476.80 | 0.04 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 2.05000% 21-15.04.26 | 170 000.00 | 146 693.00 | 0.06 |
| Total USD |  | 236 169.80 | 0.10 |
| Total Notes, fixed rate |  | 236 169.80 | 0.10 |
| Bonds, fixed rate |  |  |  |
| RUB |  |  |  |
| RUB	RUSSIA, FEDERATION OF 7.65000% 19-10.04.30 | 187 000 000.00 | 1 258 949.10 | 0.57 |
| Total RUB |  | 1 258 949.10 | 0.57 |
| Total Bonds, fixed rate |  | 1 258 949.10 | 0.57 |
| Bonds, floating rate |  |  |  |
| NZD |  |  |  |
| NZD	NEW ZEALAND 2.500%/CPI LINKED 17-20.09.40 | 7 300 000.00 | 5 492 569.29 | 2.49 |
| NZD	NEW ZEALAND 3.000%/CPI LINKED 13-20.09.30 | 5 500 000.00 | 4 407 319.39 | 1.99 |
| Total NZD |  | 9 899 888.68 | 4.48 |
| Total Bonds, floating rate |  | 9 899 888.68 | 4.48 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 14 918 142.69 | 6.74 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Notes, fixed rate
| USD |  |
| --- | --- |
| USD | VISTRA OPERATIONS CO LLC-144A 5.12500% 22-13.05.25 | 365 000.00 | 355 553.19 | 0.16 |
| Total USD |  |  | 355 553.19 | 0.16 |
| Total Notes, fixed rate | 355 553.19 | 0.16 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market | 355 553.19 | 0.16 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Luxembourg |  |  |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC	100.00 | 13 677.87 | 0.01 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD (USD) I-X-DIST	45 000.00 | 2 221 200.00 | 1.00 |
| USD	UBS (LUX) BOND SICAV - CHINA HIGH YIELD (USD) U-X-ACC	305.00 | 1 340 112.05 | 0.60 |
| Total Luxembourg | 3 574 989.92 | 1.61 |
| Total Investment funds, open end | 3 574 989.92 | 1.61 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 3 574 989.92 | 1.61 |
| Total investments in securities | 207 804 599.78 | 93.80 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange Financial Futures on bonds |
|  |  |  |  |
| EUR	EURO BTP ITALY GOVERNMENT FUTURE 08.12.22 | -14.00 | -25 638.29 | -0.01 |
| EUR	EURO-BUND FUTURE 08.12.22 | 35.00 | -72 559.44 | -0.03 |
| EUR	EURO-BOBL FUTURE 08.12.22 | -69.00 | 188 981.96 | 0.08 |
| EUR	EURO-SCHATZ FUTURE 08.12.22 | -34.00 | 46 210.69 | 0.02 |
| EUR	EURO-BUXL FUTURE 08.12.22 | -1.00 | 576.60 | 0.00 |
| EUR	EURO-OAT FUTURE 08.12.22 | 28.00 | -16 659.74 | -0.01 |
| GBP	LONG GILT FUTURE 29.03.23 | 26.00 | -26 628.52 | -0.01 |
| JPY	JAPAN GOVERNMENT 10Y BOND (OSE) FUTURE 13.12.22 | -25.00 | -18 417.66 | -0.01 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Semi-Annual Report as of 30 November 2022
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| AUD | AUSTRALIA 3YR BOND FUTURE 15.12.22 | -178.00 | -6 480.37 | 0.00 |
| AUD | AUSTRALIA 10YR BOND FUTURE 15.12.22 | -4.00 | -802.09 | 0.00 |
| USD | US ULTRA LONG BOND (CBT) FUTURE 22.03.23 | -11.00 | 12 632.82 | 0.01 |
| USD | US 10YR ULTRA NOTE FUTURE 22.03.23 | -69.00 | -7 546.88 | 0.00 |
| USD | US 10YR TREASURY NOTE FUTURE 22.03.23 | -60.00 | -18 750.00 | -0.01 |
| USD | US 2YR TREASURY NOTE FUTURE 31.03.23 | 145.00 | 60 039.28 | 0.02 |
| USD | US 5YR TREASURY NOTE FUTURE 31.03.23 | -3.00 | -1 054.69 | 0.00 |
| USD | US LONG BOND FUTURE 22.03.23 | 28.00 | -13 125.00 | -0.01 |
| CAD | CAN 10YR BOND FUTURE 22.03.23 | -243.00 | 13 867.37 | 0.01 |
| Total Financial Futures on bonds | 114 646.04 | 0.05 |
| Total Derivative instruments listed on an official stock exchange | 114 646.04 | 0.05 |
| Derivative instruments not listed on an official stock exchange and not traded on another regulated market Swaps and forward swaps on interest rates |  |  |

| USD USD | LCH/INTEREST RATE SWAP PAY 2.24100% 17-08.08.27 LCH/INTEREST RATE SWAP REC 3M LIBOR 17-08.08.27 | -3 500 000.00 | 230 685.01 | 0.11 |
| --- | --- | --- | --- | --- |
| USD | LCH/INTEREST RATE SWAP PAY 1.29910% 20-03.03.50 | -600 000.00 | 231 270.10 | 0.11 |
| USD | LCH/INTEREST RATE SWAP REC 3M LIBOR 20-03.03.50 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 2.11600% 20-23.01.30 | -12 000 000.00 | 567 937.88 | 0.26 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-23.01.30 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.91900% 20-10.02.30 | -12 500 000.00 | 623 986.55 | 0.28 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-10.02.30 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.20750% 19-27.09.29 | -7 100 000.00 | 852 218.01 | 0.39 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 19-27.09.29 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.67500% 24-30.10.29 | -15 000 000.00 | 937 013.64 | 0.42 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 24-30.10.29 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.58300% 24-24.09.29 | -13 000 000.00 | 849 920.66 | 0.38 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 24-24.09.29 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP PAY 2.80500% 21-02.04.26 | -70 000 000.00 | -66 028.60 | -0.03 |
| CNY | CITI/INTEREST RATE SWAP REC CNRR007 21-02.04.26 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.73300% 21-16.04.31 | -18 000 000.00 | 1 022 755.72 | 0.46 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 21-16.04.31 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.72500% 21-17.06.31 | -12 500 000.00 | 794 867.61 | 0.36 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 21-17.06.31 |  |  |  |
| USD | LCH/INTEREST RATE SWAP PAY 1.82280% 21-29.10.51 | -1 500 000.00 | 440 613.04 | 0.20 |
| USD | LCH/INTEREST RATE SWAP REC 3M LIBOR 21-29.10.51 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 3.79250% 22-17.01.32 | -8 000 000.00 | 228 690.94 | 0.10 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 22-17.01.32 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 3.86400% 22-19.01.32 | -8 000 000.00 | 218 904.22 | 0.10 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 22-19.01.32 |  |  |  |
| KRW | JPMORGAN/INTEREST RATE SWAP PAY 2.15900% 22-25.01.32 | -4 400 000 000.00 | 341 220.97 | 0.15 |
| KRW | JPMORGAN/INTEREST RATE SWAP REC 3MKWCD 22-25.01.32 |  |  |  |
| INR | MORGAN STANLEY/INTEREST RATE SWAP PAY 6.34900% 22-28.11.27 | -240 000 000.00 | -1 813.64 | 0.00 |
| INR | MORGAN STANLEY/INTEREST RATE SWAP REC O/N MIBOR 22-28.11.27 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.23500% 20-10.06.25 | 20 000 000.00 | -17 760.73 | -0.01 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAY CNRR007 20-10.06.25 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP REC 2.27000% 20-11.06.25 | 20 000 000.00 | -15 209.68 | -0.01 |
| CNY | CITI/INTEREST RATE SWAP PAY CNRR007 20-11.06.25 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.84500% 18-20.04.28 | 50 000 000.00 | -90 212.89 | -0.04 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 18-20.04.28 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP REC 1.32000% 21-22.06.26 | 8 000 000.00 | -553 901.70 | -0.25 |
| NZD | LCH/INTEREST RATE SWAP PAY 3MFRA 21-22.06.26 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 2.59600% 21-10.08.26 | 1 600 000 000.00 | -970 680.33 | -0.44 |
| HUF | LCH/INTEREST RATE SWAP PAY 6ML 21-10.08.26 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 2.83500% 21-17.09.26 | 1 020 000 000.00 | -584 424.09 | -0.26 |
| HUF | LCH/INTEREST RATE SWAP PAY 6ML 21-17.09.26 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.50000% 21-22.09.31 | 46 000 000.00 | -159 932.37 | -0.07 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 21-22.09.31 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.44000% 21-16.10.26 | 115 000 000.00 | -277 504.70 | -0.13 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 21-16.10.26 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.49250% 21-19.10.26 | 165 000 000.00 | -380 891.16 | -0.17 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 21-19.10.26 |  |  |  |
| ZAR | LCH/INTEREST RATE SWAP REC 7.67000% 22-06.01.32 | 28 000 000.00 | -120 185.76 | -0.05 |
| ZAR | LCH/INTEREST RATE SWAP PAY 3MZAR 22-06.01.32 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 4.82000% 22-17.01.27 | 1 200 000 000.00 | -462 472.25 | -0.21 |
| HUF | LCH/INTEREST RATE SWAP PAY 6MHUF 22-17.01.27 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 4.95100% 22-19.01.27 | 1 200 000 000.00 | -446 967.90 | -0.20 |
| HUF | LCH/INTEREST RATE SWAP PAY 6MHUF 22-19.01.27 |  |  |  |
| KRW | JPMORGAN/INTEREST RATE SWAP REC 2.02000% 22-25.01.24 | 22 500 000 000.00 | -416 312.73 | -0.19 |
| KRW | JPMORGAN/INTEREST RATE SWAP PAY 3MKWCD 22-25.01.24 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP REC 4.60500% 22-29.11.27 | 4 000 000.00 | 7 331.43 | 0.00 |
| NZD | LCH/INTEREST RATE SWAP PAY 3MFRA 22-29.11.27 |  |  |  |
| Total Swaps and forward swaps on interest rates |  | 2 783 117.25 | 1.26 |
| Credit default swaps* |  |  |  |
|  |  |  |  |
| USD	BOA/MEX CREDIT DEFAULT SWAP PAY 1.00000% 19-20.06.24 | -1 450 000.00 | -12 884.88 | -0.01 |
| USD	BOA/TURKEY CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 1 450 000.00 | -66 041.38 | -0.03 |
| Total Credit default swaps |  | -78 926.26 | -0.04 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market |  | 2 704 190.99 | 1.22 |
| Total Derivative instruments |  | 2 818 837.03 | 1.27 |
| * Positive nominal: the subfund is “Receiver”, negative nominal: the subfund is “Payer”. |  |  |  |

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

Forward Foreign Exchange contracts
Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date
| USD | 3 286 419.98 | BRL | 17 630 000.00 | 6.12.2022 | -65 243.26 | -0.03 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 2 487 933.99 | TWD | 79 900 000.00 | 6.12.2022 | -99 571.07 | -0.04 |
| KRW | 3 435 000 000.00 | USD | 2 408 498.11 | 6.12.2022 | 195 764.07 | 0.09 |
| CNY | 15 075 000.00 | USD | 2 092 297.02 | 6.12.2022 | 21 082.46 | 0.01 |
| MYR | 3 803 000.00 | USD | 803 762.02 | 6.12.2022 | 51 613.60 | 0.02 |
| COP | 5 437 110 000.00 | USD | 1 121 400.43 | 6.12.2022 | 7 069.86 | 0.00 |
| USD | 2 723 818.26 | MXN | 54 150 000.00 | 6.12.2022 | -70 663.48 | -0.03 |
| USD | 4 207 488.88 | JPY | 619 000 000.00 | 6.12.2022 | -229 079.23 | -0.10 |
| CHF | 38 911 000.00 | USD | 39 178 585.82 | 6.12.2022 | 1 667 161.50 | 0.75 |
| USD | 13 387 693.07 | GBP | 11 630 000.00 | 6.12.2022 | -462 875.10 | -0.21 |
| USD | 13 971 558.00 | NZD | 23 745 000.00 | 6.12.2022 | -776 433.80 | -0.35 |
| USD | 115 662.38 | AUD | 180 000.00 | 6.12.2022 | -4 887.85 | 0.00 |
| HUF | 197 400 000.00 | USD | 474 396.57 | 6.12.2022 | 21 233.52 | 0.01 |
| USD | 573 166.60 | DKK | 4 300 000.00 | 6.12.2022 | -22 146.27 | -0.01 |
| USD | 52 011 813.08 | EUR | 52 430 000.00 | 6.12.2022 | -1 976 972.85 | -0.89 |
| USD | 1 295 800.70 | SEK | 14 240 000.00 | 6.12.2022 | -39 622.50 | -0.02 |
| CHF | 1 175 000.00 | USD | 1 183 613.03 | 6.12.2022 | 49 810.76 | 0.02 |
| EUR | 142 512 100.00 | USD | 141 375 409.24 | 6.12.2022 | 5 373 689.72 | 2.42 |
| USD | 827 116.91 | CAD | 1 125 000.00 | 6.12.2022 | -2 716.88 | 0.00 |
| USD | 2 250 528.18 | THB | 84 260 000.00 | 6.12.2022 | -139 024.26 | -0.06 |
| PLN | 6 580 000.00 | USD | 1 378 301.95 | 6.12.2022 | 70 923.25 | 0.03 |
| NOK | 4 190 000.00 | USD | 405 370.90 | 6.12.2022 | 14 855.59 | 0.01 |
| EUR | 425 000.00 | USD | 416 120.90 | 6.12.2022 | 21 514.69 | 0.01 |
| USD | 218 846.63 | CAD | 295 000.00 | 6.12.2022 | 1 245.77 | 0.00 |
| USD | 2 201 369.03 | CZK | 54 610 000.00 | 6.12.2022 | -107 754.30 | -0.05 |
| USD | 486 305.83 | HUF | 197 400 000.00 | 6.12.2022 | -9 324.26 | 0.00 |
| AUD | 1 688 906.16 | EUR | 1 080 000.00 | 6.12.2022 | 18 989.37 | 0.01 |
| EUR | 1 180 000.00 | CHF | 1 160 724.70 | 6.12.2022 | -3 355.95 | 0.00 |
| USD | 384 499.24 | GBP | 330 000.00 | 6.12.2022 | -8 509.14 | 0.00 |
| USD | 605 000.00 | MXN | 11 779 386.30 | 6.12.2022 | -2 890.67 | 0.00 |
| BRL | 3 244 615.00 | USD | 605 000.00 | 6.12.2022 | 11 838.16 | 0.00 |
| USD | 2 160 562.55 | EUR | 2 119 200.00 | 6.12.2022 | -21 642.96 | -0.01 |
| GBP | 553 921.37 | EUR | 626 962.50 | 6.12.2022 | 14 080.36 | 0.01 |
| GBP | 435 454.11 | EUR | 498 037.50 | 6.12.2022 | 5 752.31 | 0.00 |
| EUR | 580 000.00 | USD | 599 198.35 | 6.12.2022 | -1 954.49 | 0.00 |
| PLN | 2 515 000.00 | HUF | 217 781 898.00 | 6.12.2022 | 7 119.19 | 0.00 |
| AUD | 350 000.00 | USD | 234 203.55 | 6.12.2022 | 199.67 | 0.00 |
| CAD | 500 000.00 | USD | 376 968.95 | 6.12.2022 | -8 153.93 | 0.00 |
| USD | 540 000.00 | SGD | 741 812.69 | 6.12.2022 | -1 348.33 | 0.00 |
| IDR | 8 384 040 000.00 | USD | 540 000.00 | 6.12.2022 | -6 874.24 | 0.00 |
| EUR | 219 082.21 | CAD | 300 000.00 | 6.12.2022 | 4 306.67 | 0.00 |
| CHF | 565 400.00 | USD | 599 067.85 | 6.12.2022 | -5 554.82 | 0.00 |
| USD | 1 456 184.70 | EUR | 1 395 000.00 | 6.12.2022 | 19 710.23 | 0.01 |
| EUR | 963 032.27 | USD | 1 000 000.00 | 6.12.2022 | -8 336.01 | 0.00 |
| USD | 540 000.00 | SGD | 738 218.34 | 6.12.2022 | 1 274.69 | 0.00 |
| IDR | 8 439 120 000.00 | USD | 540 000.00 | 6.12.2022 | -3 371.81 | 0.00 |
| PLN | 981 667.74 | HUF | 85 650 000.00 | 6.12.2022 | 1 160.57 | 0.00 |
| USD | 413 342.72 | GBP | 350 000.00 | 6.12.2022 | -3 484.35 | 0.00 |
| CAD | 290 000.00 | USD | 216 741.26 | 6.12.2022 | -2 828.55 | 0.00 |
| EUR | 1 697 500.00 | USD | 1 754 231.30 | 6.12.2022 | -6 263.26 | 0.00 |
| EUR | 390 000.00 | CAD | 540 334.86 | 6.12.2022 | 3 027.79 | 0.00 |
| AUD | 1 695 000.00 | NZD | 1 840 498.80 | 6.12.2022 | -7 950.33 | 0.00 |
| PLN | 1 000 000.00 | USD | 219 976.60 | 6.12.2022 | 270.39 | 0.00 |
| EUR | 730 860.94 | USD | 750 000.00 | 6.12.2022 | 2 590.02 | 0.00 |
| USD | 2 105 606.73 | EUR | 2 057 400.00 | 6.12.2022 | -12 961.42 | -0.01 |
| EUR | 172 685.52 | PLN | 815 000.00 | 6.12.2022 | -1 681.85 | 0.00 |
| CZK | 30 626 647.20 | PLN | 5 895 000.00 | 6.12.2022 | -3 342.51 | 0.00 |
| CAD | 461 167.01 | MXN | 6 690 000.00 | 6.12.2022 | -5 076.62 | 0.00 |
| USD | 303 049.08 | AUD | 450 000.00 | 6.12.2022 | 1 673.51 | 0.00 |
| USD | 456 607.80 | EUR | 440 000.00 | 6.12.2022 | 3 526.25 | 0.00 |
| EUR | 1 050 000.00 | AUD | 1 619 337.30 | 6.12.2022 | -3 290.76 | 0.00 |
| CAD | 1 467 601.40 | GBP | 905 000.00 | 6.12.2022 | 4 751.02 | 0.00 |
| USD | 186 055.65 | CAD | 250 000.00 | 6.12.2022 | 1 648.14 | 0.00 |
| MXN | 6 000 000.00 | USD | 309 704.29 | 6.12.2022 | -66.42 | 0.00 |
| EUR | 1 300 000.00 | USD | 1 353 522.30 | 6.12.2022 | -14 872.26 | -0.01 |
| EUR | 1 035 000.00 | USD | 1 070 039.93 | 6.12.2022 | -4 268.55 | 0.00 |
| TWD | 79 900 000.00 | USD | 2 583 252.51 | 6.12.2022 | 4 252.55 | 0.00 |
| USD | 2 598 373.98 | TWD | 79 900 000.00 | 6.1.2023 | -14 701.23 | -0.01 |
| USD | 2 106 918.24 | CNY | 15 075 000.00 | 6.12.2022 | -6 461.24 | 0.00 |
| CNY | 15 075 000.00 | USD | 2 111 344.54 | 6.1.2023 | 26 410.04 | 0.01 |
| IDR | 16 823 200 000.00 | USD | 1 068 004.06 | 6.1.2023 | 2 869.30 | 0.00 |
| MYR | 3 803 000.00 | USD | 843 050.32 | 6.1.2023 | 14 371.14 | 0.01 |
| USD | 842 303.43 | MYR | 3 803 000.00 | 6.12.2022 | -13 072.19 | -0.01 |
| USD | 1 068 815.76 | IDR | 16 823 160 000.00 | 6.12.2022 | -938.19 | 0.00 |
| KRW | 3 435 000 000.00 | USD | 2 592 942.06 | 6.1.2023 | 13 165.96 | 0.00 |
| USD | 2 590 497.74 | KRW | 3 435 000 000.00 | 6.12.2022 | -13 764.44 | -0.01 |
| USD | 2 695 766.20 | BRL | 14 390 000.00 | 6.1.2023 | -22 251.30 | -0.01 |
| COP | 5 437 110 000.00 | USD | 1 124 973.62 | 6.1.2023 | -2 998.02 | 0.00 |
| USD | 1 131 552.55 | COP | 5 437 110 000.00 | 6.12.2022 | 3 082.26 | 0.00 |
| BRL | 14 385 385.00 | USD | 2 712 688.10 | 6.12.2022 | 22 136.97 | 0.01 |
| GBP | 395 000.00 | USD | 470 937.96 | 6.12.2022 | -518.83 | 0.00 |
| USD | 4 134 203.20 | CHF | 3 929 100.00 | 6.12.2022 | 9 739.02 | 0.00 |
| EUR | 600 000.00 | USD | 619 455.60 | 6.12.2022 | -1 617.12 | 0.00 |
| Total Forward Foreign Exchange contracts | 3 473 193.47 | 1.57 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 8 069 020.30* | 3.64 |
| Bank overdraft and other short-term liabilities | -1 754 142.51 | -0.79 |
| Other assets and liabilities | 1 124 555.13 | 0.51 |
| Total net assets | 221 536 063.20 | 100.00 |
| * As at 30 November 2022, cash amounts serve as collateral for the counterparty Citibank for an amount of USD 260 000.00 and Morgan Stanley London for an amount of USD 10 000.00. |  |  |

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

Translation (ENFR, 2022-11-30):
# UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
| Données principales |  |
| --- | --- |
|  | ISIN | 30.11.2022 | 31.5.2022 | 31.5.2021 |
| Actif net en USD |  | 221 536 063.20 | 273 705 086.49 | 318 001 979.77 |
| Catégorie (CHF hedged) I-A1-acc | LU0455555184 |  |  |  |
| Actions en circulation |  | 11 290.9070 | 13 485.9070 | 69 067.9070 |
| Valeur nette d’inventaire par action en CHF |  | 103.91 | 108.95 | 111.87 |
| Prix d’émission et de rachat par action en CHF 1 |  | 103.91 | 108.95 | 111.87 |
| Catégorie (CHF hedged) I-A1-dist | LU0455555267 |  |  |  |
| Actions en circulation |  | 79 251.6890 | 114 891.6890 | 119 956.6890 |
| Valeur nette d’inventaire par action en CHF |  | 94.33 | 100.03 | 103.87 |
| Prix d’émission et de rachat par action en CHF 1 |  | 94.33 | 100.03 | 103.87 |
| Catégorie I-A3-acc | LU0455552678 |  |  |  |
| Actions en circulation |  | 1 362.0000 | 1 362.0000 | 1 362.0000 |
| Valeur nette d’inventaire par action en USD |  | 124.00 | 127.81 | 129.61 |
| Prix d’émission et de rachat par action en USD 1 |  | 124.00 | 127.81 | 129.61 |
| Catégorie (CHF hedged) I-A3-acc | LU0455555697 |  |  |  |
| Actions en circulation |  | 3 000.0000 | 3 000.0000 | 5 000.0000 |
| Valeur nette d’inventaire par action en CHF |  | 103.76 | 108.74 | 111.54 |
| Prix d’émission et de rachat par action en CHF 1 |  | 103.76 | 108.74 | 111.54 |
| Catégorie (EUR hedged) I-A3-acc | LU0455558790 |  |  |  |
| Actions en circulation |  | 11 979.0000 | 18 978.7480 | 86 861.6490 |
| Valeur nette d’inventaire par action en EUR |  | 108.23 | 113.06 | 115.58 |
| Prix d’émission et de rachat par action en EUR 1 |  | 108.23 | 113.06 | 115.58 |
| Catégorie (CHF hedged) I-B-acc | LU0455555853 |  |  |  |
| Actions en circulation |  | 46 767.1330 | 78 309.1540 | 49 601.3610 |
| Valeur nette d’inventaire par action en CHF |  | 110.21 | 115.27 | 117.79 |
| Prix d’émission et de rachat par action en CHF 1 |  | 110.21 | 115.27 | 117.79 |
| Catégorie (EUR hedged) I-B-dist 2 | LU2451285923 |  |  |  |
| Actions en circulation |  | 148 503.3790 | - | - |
| Valeur nette d’inventaire par action en EUR |  | 97.19 | - | - |
| Prix d’émission et de rachat par action en EUR 1 |  | 97.19 | - | - |
| Catégorie I-X-acc 3 | LU2418147265 |  |  |  |
| Actions en circulation |  | - | - | - |
| Valeur nette d’inventaire par action en USD |  | - | - | - |
| Prix d’émission et de rachat par action en USD 1 |  | - | - | - |
| Catégorie (EUR hedged) I-X-acc 4 | LU2069292600 |  |  |  |
| Actions en circulation |  | - | - | 110 291.0040 |
| Valeur nette d’inventaire par action en EUR |  | - | - | 108.26 |
| Prix d’émission et de rachat par action en EUR 1 |  | - | - | 108.26 |
| Catégorie P-acc | LU0455550201 |  |  |  |
| Actions en circulation |  | 192 712.2140 | 254 278.3750 | 341 095.0690 |
| Valeur nette d’inventaire par action en USD |  | 136.93 | 141.50 | 144.24 |
| Prix d’émission et de rachat par action en USD 1 |  | 136.93 | 141.50 | 144.24 |
| Catégorie (CHF hedged) P-acc | LU0455553486 |  |  |  |
| Actions en circulation |  | 172 455.7560 | 190 037.3320 | 196 664.7550 |
| Valeur nette d’inventaire par action en CHF |  | 112.05 | 117.74 | 121.43 |
| Prix d’émission et de rachat par action en CHF 1 |  | 112.05 | 117.74 | 121.43 |
| Catégorie (EUR hedged) P-acc | LU0455556406 |  |  |  |
| Actions en circulation |  | 748 514.0280 | 883 104.2110 | 687 927.6750 |
| Valeur nette d’inventaire par action en EUR |  | 119.16 | 124.80 | 128.29 |
| Prix d’émission et de rachat par action en EUR 1 |  | 119.16 | 124.80 | 128.29 |
| Catégorie Q-acc | LU1240775160 |  |  |  |
| Actions en circulation |  | 70 804.4860 | 114 564.1230 | 68 812.5630 |
| Valeur nette d’inventaire par action en USD |  | 122.37 | 126.20 | 128.14 |
| Prix d’émission et de rachat par action en USD 1 |  | 122.37 | 126.20 | 128.14 |
| Catégorie (CHF hedged) Q-acc | LU1240774940 |  |  |  |
| Actions en circulation |  | 31 345.2910 | 42 997.7070 | 32 073.6280 |
| Valeur nette d’inventaire par action en CHF |  | 103.72 | 108.77 | 111.73 |
| Prix d’émission et de rachat par action en CHF 1 |  | 103.72 | 108.77 | 111.73 |
| Catégorie (EUR hedged) Q-acc | LU1240775087 |  |  |  |
| Actions en circulation | 360 927.8200 | 427 429.8880 | 463 677.1210 |
| Valeur nette d’inventaire par action en EUR | 107.02 | 111.87 | 114.53 |
| Prix d’émission et de rachat par action en EUR 1 | 107.02 | 111.87 | 114.53 |
| 1  Voir note 1 2  Première VNI 30.8.2022 3  La catégorie d’actions I-X-acc était en circulation pour la période allant du 9.2.2022 au 21.4.2022 4  La catégorie d’actions (EUR hedged) I-X-acc était en circulation jusqu’au 2.11.2021 |  |  |  |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022

## Structure du portefeuille-titres
Répartition géographique en % de l’actif net	
Etats-Unis	49.27
France	7.14
Nouvelle-Zélande	6.28
Grande-Bretagne	5.96
Italie	5.59
Luxembourg	2.88
Espagne	2.66
Japon	2.10
Brésil	1.37
Pays-Bas	1.28
Mexique	1.26
Suède	1.25
Australie	0.99
Danemark	0.70
Suisse	0.67
Allemagne	0.62
Fédération russe (CEI)	0.57
Iles Caïmans	0.34
Turquie	0.28
Roumanie	0.28
Mongolie	0.25
Pérou	0.25
Thaïlande	0.20
Colombie	0.19
Chine	0.16
Inde	0.15
Bulgarie	0.15
Argentine	0.14
Egypte	0.14
Venezuela	0.13
Kazakhstan	0.12
Finlande	0.11
République tchèque	0.09
Chili	0.07
Bermudes	0.07
Jersey	0.05
Equateur	0.04
Répartition économique en % de l’actif net	
Gouvernements nationaux et centraux	79.92
Etablissements financiers et sociétés de participation	2.60
Banques & instituts de crédit	1.97
Fonds de placement	1.61
Emetteurs d’obligations sécurisées (Pfandbriefe) et
sociétés de refinancement	1.31
Trafic et transport	0.89
Assurances	0.74
Télécommunications	0.69
Chimie	0.60
Distribution d’énergie & d’eau	0.52
Immobilier	0.45
Industrie minière, charbon et acier	0.41
Commerce de détail, centres commerciaux	0.40
Pétrole	0.40
Diverses sociétés non classées	0.28
Internet, logiciels et services informatiques	0.23
Appareils et composants électriques	0.21
Tabac et boissons alcoolisées	0.17
Organisations supranationales	0.13
Services divers	0.12
Machines et appareils	0.11
Soins de santé & services sociaux	0.04
Total	93.80
Total	93.80
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022

## Etat des actifs nets
Actif	30.11.2022
USD
Portefeuille-titres, cours d’achat	232 608 786.48
Portefeuille-titres, plus- (moins-) value non-réalisée	24 804 186.70
Total portefeuille-titres (note 1)	207 804 599.78
Avoirs en banque, dépôts à vue et à terme	7 463 414.36*
Autres liquidités (marges)	605 605.94
A recevoir sur ventes de titres (note 1)	8 396 316.83
A recevoir sur souscriptions	19 500.31
Intérêts à recevoir sur titres	1 018 098.81
Intérêts à recevoir sur liquidités	575.43
Frais payés d’avance	53 038.62
Bénéfice non réalisé sur contrats financiers à terme (note 1)	114 646.04
Bénéfice non réalisé sur contrats de change à terme (note 1)	3 473 193.47
Bénéfice non réalisé sur swaps (note 1)	2 704 190.99
Crédit en compte courant	-1 754 142.51
Intérêts à payer sur crédit en compte courant	-152.75
A payer sur achats de titres (note 1)	-4 124 482.67
A payer sur rachats	-4 070 506.57
Provisions pour commission de gestion forfaitaire (note 2)	-135 896.82
Provisions pour taxe d’abonnement (note 3)	-16 030.70
Provisions pour autres commissions et frais (note 2)		-15 905.36		 Total des Provisions pour frais			-167 832.88

## Etat des opérations
Revenus	1.6.2022-30.11.2022
USD
Revenus d’intérêts sur liquidités	41 498.51
Intérêts sur titres	1 882 471.23
Dividendes	213 300.00
Revenus d’intérêts sur swaps (note 1)	2 155 372.41
Revenus nets sur prêts de titres (note 11)	29 091.59
Total des Revenus	4 382 486.55
Charges
Autres revenus (note 4)	60 752.81
Charges d’intérêts sur swaps (note 1)	-2 011 268.35
Commission de gestion forfaitaire (note 2)	-903 804.66
Taxe d’abonnement (note 3)	-47 573.57
Autres commissions et frais (note 2)	-15 499.43
Revenus (Pertes) net(te)s des investissements	1 365 509.75
Total des Charges	-3 016 976.80
Charges d’intérêts sur liquidités et crédit en compte courant	-38 830.79
Bénéfices (pertes) réalisé(e)s (note 1)
Bénéfice (perte) réalisé(e) sur titres évalués à la valeur de marché hors options	-8 185 656.61 Bénéfice (perte) réalisé(e) sur instruments du marché monétaire et titres évalués en fonction des rendements		196.77
Bénéfice (perte) réalisé(e) sur contrats financiers à terme	-813 983.99
Bénéfice (perte) réalisé(e) sur contrats de change à terme	-11 399 192.74
Bénéfice (perte) réalisé(e) sur swaps	1 368 281.29
Total des Bénéfices (pertes) réalisé(e)s	-11 375 052.01
Bénéfice (perte) net(te) réalisé(e) au cours de la période	-10 009 542.26
Variations des plus- (moins-) values non-réalisées (note 1)
Bénéfice (perte) réalisé(e) de change réalisé(e)	7 655 303.27
Plus- (Moins-) value non réalisée sur titres évalués à la valeur de marché hors options	-6 760 427.44 Plus- (Moins-) value non réalisée sur instruments du marché monétaire et titres évalués en fonction des rendements			-188.60 Plus- (Moins-) value non réalisée sur contrats financiers à terme		342 308.52
Plus- (Moins-) value non réalisée sur contrats de change à terme	1 147 263.89
Total des Variations des plus- (moins-) values non-réalisées	-7 899 457.58
Augmentation/(diminution) nette de l’actif net issue de l’activité	-17 908 999.84
Plus- (Moins-) value non réalisée sur swaps	-2 628 413.95
* Au 30 novembre 2022, des avoirs en banque ont été utilisés à titre de garanties, à hauteur de 260 000.00 USD en faveur de Citibank et à hauteur de 10 000.00 USD en faveur de Morgan Stanley London.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022
| Variations de l’actif net |  |
| --- | --- |
|  | USD |
|  | 1.6.2022-30.11.2022 |
| Actif net au début de la période | 273 705 086.49 |
| Souscriptions | 22 334 337.55 |
| Rachats | 	-56 474 127.36	 |
| Souscriptions (Rachats) net(te)s | -34 139 789.81 |
| Dividendes versés | -120 233.64 |
| Revenus (Pertes) net(te)s des investissements | 1 365 509.75 |
| Total des Bénéfices (pertes) réalisé(e)s | -11 375 052.01 |
| Total des Variations des plus- (moins-) values non-réalisées | 	-7 899 457.58	 |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -17 908 999.84 |
| Actifs nets à la fin de la période | 221 536 063.20 |
| Evolution des actions en circulation |  |
|  | 1.6.2022-30.11.2022 |
| Catégorie | (CHF hedged) I-A1-acc |
| Nombre d’actions en circulation au début de la période | 13 485.9070 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | -2 195.0000 |
| Nombre d’actions en circulation à la fin de la période | 11 290.9070 |
| Catégorie | (CHF hedged) I-A1-dist |
| Nombre d’actions en circulation au début de la période | 114 891.6890 |
| Nombre d’actions émises | 1 750.0000 |
| Nombre d’actions rachetées | -37 390.0000 |
| Nombre d’actions en circulation à la fin de la période | 79 251.6890 |
| Catégorie | I-A3-acc |
| Nombre d’actions en circulation au début de la période | 1 362.0000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 1 362.0000 |
| Catégorie | (CHF hedged) I-A3-acc |
| Nombre d’actions en circulation au début de la période | 3 000.0000 |
| Nombre d’actions émises | 0.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 3 000.0000 |
| Catégorie | (EUR hedged) I-A3-acc |
| Nombre d’actions en circulation au début de la période | 18 978.7480 |
| Nombre d’actions émises | 3 310.0000 |
| Nombre d’actions rachetées | -10 309.7480 |
| Nombre d’actions en circulation à la fin de la période | 11 979.0000 |
| Catégorie | (CHF hedged) I-B-acc |
| Nombre d’actions en circulation au début de la période | 78 309.1540 |
| Nombre d’actions émises | 5 248.9760 |
| Nombre d’actions rachetées | -36 790.9970 |
| Nombre d’actions en circulation à la fin de la période | 46 767.1330 |
| Catégorie | (EUR hedged) I-B-dist |
| Nombre d’actions en circulation au début de la période | 0.0000 |
| Nombre d’actions émises | 148 503.3790 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 148 503.3790 |
| Catégorie | P-acc |
| Nombre d’actions en circulation au début de la période | 254 278.3750 |
| Nombre d’actions émises | 4 144.3010 |
| Nombre d’actions rachetées | -65 710.4620 |
| Nombre d’actions en circulation à la fin de la période | 192 712.2140 |
| Catégorie | (CHF hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 190 037.3320 |
| Nombre d’actions émises | 3 994.3890 |
| Nombre d’actions rachetées | -21 575.9650 |
| Nombre d’actions en circulation à la fin de la période | 172 455.7560 |
| Catégorie | (EUR hedged) P-acc |
| Nombre d’actions en circulation au début de la période | 883 104.2110 |
| Nombre d’actions émises | 25 377.4530 |
| Nombre d’actions rachetées | -159 967.6360 |
| Nombre d’actions en circulation à la fin de la période | 748 514.0280 |
| Catégorie | Q-acc |
| Nombre d’actions en circulation au début de la période | 114 564.1230 |
| Nombre d’actions émises | 4 068.0770 |
| Nombre d’actions rachetées | -47 827.7140 |
| Nombre d’actions en circulation à la fin de la période | 70 804.4860 |
| Catégorie | (CHF hedged) Q-acc |
| Nombre d’actions en circulation au début de la période | 42 997.7070 |
| Nombre d’actions émises | 500.0000 |
| Nombre d’actions rachetées | -12 152.4160 |
| Nombre d’actions en circulation à la fin de la période | 31 345.2910 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022
| Catégorie | (EUR hedged) Q-acc |
| --- | --- |
| Nombre d’actions en circulation au début de la période | 427 429.8880 |
| Nombre d’actions émises | 19 366.8280 |
| Nombre d’actions rachetées | -85 868.8960 |
| Nombre d’actions en circulation à la fin de la période | 360 927.8200 |

| Distribution annuelle 1 |  |
| --- | --- |
| UBS (Lux) Bond SICAV – Global Inflation-linked (USD) | Date de détachement | Date de versement | Devise | Montant par action |
| (CHF hedged) I-A1-dist | 1.8.2022 | 4.8.2022 | CHF | 1.12 |
| 1  Voir note 5 |  |  |  |  |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022

## Etat du portefeuille-titres et autres actifs nets au 30 novembre 2022
| Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| Titres et instruments du marché monétaire négociés sur une bourse officielle |  |  |  |
| Billets, taux fixe |  |  |  |
| BRL |  |  |  |
| BRL	BRAZIL, FEDERATIVE REPUBLIC OF 10.00000% 16-01.01.27 | 9 300.00 | 1 622 116.59 | 0.74 |
| BRL	BRAZIL, FEDERATIVE REPUBLIC OF 10.00000% 20-01.01.31 | 8 500.00 | 1 404 979.64 | 0.63 |
| Total BRL |  | 3 027 096.23 | 1.37 |
| EUR |  |  |  |
| EUR	ALTICE FRANCE HOLDING SA-REG-S 8.00000% 19-15.05.27 | 300 000.00 | 234 537.79 | 0.11 |
| EUR	BULGARIAN ENERGY HOLDING EAD-REG-S 2.45000% 21-22.07.28 | 410 000.00 | 324 743.89 | 0.15 |
| EUR	CELANESE US HOLDINGS LLC 4.77700% 22-19.07.26 | 150 000.00 | 149 225.03 | 0.07 |
| EUR	CHINA, PEOPLE’S REPUBLIC OF-REG-S 1.00000% 19-12.11.39 | 490 000.00 | 360 832.49 | 0.16 |
| EUR	DKT FINANCE APS-REG-S 7.00000% 18-17.06.23 | 800 000.00 | 801 929.31 | 0.36 |
| EUR	GTC AURORA LUXEMBOURG SA-REG-S 2.25000% 21-23.06.26 | 280 000.00 | 210 028.01 | 0.09 |
| EUR	MACIF-REG-S-SUB 0.62500% 21-21.06.27 | 200 000.00 | 170 867.95 | 0.08 |
| EUR	TELE COLUMBUS AG-REG-S 3.87500% 18-02.05.25 | 200 000.00 | 160 734.55 | 0.07 |
| EUR	TRITAX EUROBOX PLC-REG-S 0.95000% 21-02.06.26 | 160 000.00 | 134 980.03 | 0.06 |
| Total EUR |  | 2 547 879.05 | 1.15 |
| GBP |  |  |  |
| GBP	CPUK FINANCE LTD-REG-S 4.50000% 21-28.08.27 | 110 000.00 | 108 718.16 | 0.05 |
| Total GBP |  | 108 718.16 | 0.05 |
| USD |  |  |  |
| USD	ARCELORMITTAL SA 6.55000% 22-29.11.27 | 900 000.00 | 907 758.33 | 0.41 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.07.35 | 291 000.00 | 70 567.50 | 0.03 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.01.38 | 140 203.00 | 42 393.88 | 0.02 |
| USD	ARGENTINA, REPUBLIC OF 1.00000% 20-09.07.29 | 20 992.00 | 5 457.92 | 0.00 |
| USD	CELANESE US HOLDINGS LLC 6.05000% 22-15.03.25 | 480 000.00 | 477 589.20 | 0.22 |
| USD	CELANESE US HOLDINGS LLC 5.90000% 22-05.07.24 | 375 000.00 | 372 707.16 | 0.17 |
| USD	CHILE, REPUBLIC OF 3.86000% 17-21.06.47 | 200 000.00 | 159 250.00 | 0.07 |
| USD	ECUADOR GOVT INTERNATIONAL BD-REG-S STEP-UP/DOWN 20-31.07.35 | 99 060.00 | 43 140.63 | 0.02 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 0.50000% 20-31.07.30 | 37 800.00 | 22 887.90 | 0.01 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 20-31.07.40 | 45 400.00 | 17 998.26 | 0.01 |
| USD	FLOWSERVE CORP 3.50000% 20-01.10.30 | 300 000.00 | 251 095.51 | 0.11 |
| USD	MEITUAN DIANPING-REG-S 3.05000% 20-28.10.30 | 700 000.00 | 516 162.50 | 0.23 |
| USD	PEGASUS HAVA TASIMACILIGI AS-REG-S 9.25000% 21-30.04.26 | 260 000.00 | 244 286.25 | 0.11 |
| USD	RAKUTEN GROUP INC-REG-S 10.25000% 22-30.11.24 | 660 000.00 | 647 920.18 | 0.29 |
| USD	RELIANCE INDUSTRIES LTD-REG-S 3.62500% 22-12.01.52 | 500 000.00 | 337 906.25 | 0.15 |
| USD	SANTOS FINANCE LTD-REG-S 3.64900% 21-29.04.31 | 300 000.00 | 239 731.74 | 0.11 |
| USD	SHIMAO PRPTY HLDG LTD-REG-S *DEFAULTED* 3.45000% 21-11.01.31 | 200 000.00 | 21 000.00 | 0.01 |
| USD	SHIMAO PRPTY HLDG LTD-REG-S *DEFAULTED* 5.20000% 21-16.01.27 | 250 000.00 | 27 500.00 | 0.01 |
| USD	TURKEY, REPUBLIC OF 6.87500% 06-17.03.36 | 450 000.00 | 375 750.00 | 0.17 |
| USD	VEB FINANCE PLC-REG-S LPN 5.94200% 13-21.11.23 | 200 000.00 | 9 625.00 | 0.01 |
| USD	YPF SA-REG-S 6.95000% 17-21.07.27 | 160 000.00 | 106 640.00 | 0.05 |
| USD	YPF SA-REG-S 7.00000% 17-15.12.47 | 170 000.00 | 93 500.00 | 0.04 |
| Total USD |  | 4 990 868.21 | 2.25 |
| Total des Billets, taux fixe |  | 10 674 561.65 | 4.82 |
| Billets, coupon zéro |  |  |  |
| USD |  |  |  |
| USD	ECUADOR, REPUBLIC OF-REG-S 0.00000% 20-31.07.30 | 12 974.00 | 4 746.05 | 0.00 |
| Total USD |  | 4 746.05 | 0.00 |
| Total des Billets, coupon zéro |  | 4 746.05 | 0.00 |
| Billets, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	BPCE SA-REG-S-SUB 1.500%/VAR 21-13.01.42 | 600 000.00 | 527 963.34 | 0.24 |
| EUR	BRITISH AMERICAN TOBACCO PLC-REG-S -SUB 3.750%/VAR 21-PRP | 480 000.00 | 374 649.60 | 0.17 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.125%/VAR 22-13.10.26 | 655 000.00 | 575 062.39 | 0.26 |
| EUR	CREDIT SUISSE GROUP-REG-S 2.875%/VAR 22-02.04.32 | 405 000.00 | 296 433.65 | 0.13 |
| EUR	ORSTED AS-REG-S-SUB 5.250%/VAR 22-08.12.22 | 135 000.00 | 139 002.75 | 0.06 |
| EUR	RAKUTEN GROUP INC-REG-S-SUB 4.250%VAR 21-PRP | 405 000.00 | 244 284.49 | 0.11 |
| EUR	TELEFONICA EUROPE BV-REG-S-SUB 7.125%/VAR 22-PRP | 300 000.00 | 319 465.39 | 0.14 |
| EUR	WINTERSHALL DEA FINANCE 2BV-REG-S-SUB 2.498%/VAR 21-PRP | 200 000.00 | 169 892.25 | 0.08 |
| EUR	WINTERSHALL DEA FINANCE 2BV-REG-S-SUB 3.000%/VAR 21-PRP | 100 000.00 | 77 811.48 | 0.04 |
| Total EUR |  | 2 724 565.34 | 1.23 |
| USD |  |  |  |
| USD	ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 200 000.00 | 169 750.00 | 0.08 |
| USD	BARCLAYS PLC-SUB COCO 8.000% 22-PRP | 210 000.00 | 197 925.00 | 0.09 |
| USD	PRUDENTIAL PLC-SUB-REG-S 2.950%/VAR 21-03.11.33 | 455 000.00 | 359 948.68 | 0.16 |
| USD	SOCIETE GENERALE SA-REG-S-SUB 9.375%/VAR 22-PRP | 200 000.00 | 205 250.00 | 0.09 |
| USD	VODAFONE GROUP PLC-SUB 3.250%/VAR 21-04.06.81 | 200 000.00 | 165 960.00 | 0.08 |
| Total USD |  | 1 098 833.68 | 0.50 |
| Total des Billets, taux variable |  | 3 823 399.02 | 1.73 |
| Medium-Term Notes, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	CORPORACION ANDINA DE FOMENTO 4.50000% 15-05.06.25 | 450 000.00 | 296 654.66 | 0.13 |
| Total AUD |  | 296 654.66 | 0.13 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| EUR |  |  |  |  |
| EUR | AEROPORTI DI ROMA SPA-REG-S 1.75000% 21-30.07.31 | 215 000.00 | 169 885.20 | 0.08 |
| EUR | AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 200 000.00 | 169 084.59 | 0.08 |
| EUR | CEZ AS-REG-S 2.37500% 22-06.04.27 | 215 000.00 | 202 965.22 | 0.09 |
| EUR | CTP NV-REG-S 0.87500% 22-20.01.26 | 990 000.00 | 835 374.46 | 0.38 |
| EUR | DEUTSCHE LUFTHANSA AG-REG-S 2.87500% 21-16.05.27 | 100 000.00 | 90 333.26 | 0.04 |
| EUR | ENBW INTERNATIONAL FINANCE BV-REG-S 4.04900% 22-22.11.29 | 130 000.00 | 136 484.21 | 0.06 |
| EUR | FERROVIE DELLO STATO ITALIANE SPA-REG-S 3.75000% 22-14.04.27 | 560 000.00 | 564 287.74 | 0.25 |
| EUR | ORANO SA-REG-S 5.37500% 22-15.05.27 | 400 000.00 | 425 945.61 | 0.19 |
| EUR | P3 GROUP SARL-REG-S 0.87500% 22-26.01.26 | 580 000.00 | 493 047.86 | 0.22 |
| EUR | PPF ARENA 1 BV-REG-S 2.12500% 19-31.01.25 | 450 000.00 | 434 747.78 | 0.20 |
| EUR | REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 100 000.00 | 93 103.43 | 0.04 |
| EUR | ROMANIA-REG-S 4.62500% 19-03.04.49 | 500 000.00 | 386 376.16 | 0.17 |
| EUR | RWE AG-REG-S 2.75000% 22-24.05.30 | 290 000.00 | 280 053.74 | 0.13 |
| EUR | UNICAJA BANCO SA-REG-S 4.50000% 22-30.06.25 | 400 000.00 | 409 790.81 | 0.19 |
| EUR | VONOVIA SE-REG-S 1.62500% 21-01.09.51 | 200 000.00 | 114 828.22 | 0.05 |
| EUR | VONOVIA SE-REG-S 5.00000% 22-23.11.30 | 100 000.00 | 104 980.65 | 0.05 |
| EUR | WESTERN POWER DISTRIBUTION EAST-REG-S 3.94900% 22-20.09.32 | 105 000.00 | 110 182.33 | 0.05 |
| Total EUR |  |  | 5 021 471.27 | 2.27 |
| GBP |  |  |  |  |
| GBP | FORD MOTOR CREDIT CO LLC 2.74800% 20-14.06.24 | 350 000.00 | 393 369.15 | 0.18 |
| Total GBP |  |  | 393 369.15 | 0.18 |
| USD |  |  |  |  |
| USD | EGYPT, REPUBLIC OF-REG-S 8.70020% 19-01.03.49 | 450 000.00 | 300 375.00 | 0.14 |
| USD | GC TREASURY CENTER CO LTD-REG-S 4.40000% 22-30.03.32 | 500 000.00 | 442 510.00 | 0.20 |
| USD | MEXICO, UNITED STATES OF 4.75000% 12-08.03.44 | 150 000.00 | 126 496.87 | 0.06 |
| USD | MONGOLIA,GOVERNMENT OF-REG-S 8.75000% 17-09.03.24 | 600 000.00 | 561 300.00 | 0.25 |
| USD | ROMANIA-REG-S 6.12500% 14-22.01.44 | 250 000.00 | 227 546.88 | 0.10 |
| Total USD |  |  | 1 658 228.75 | 0.75 |
| Total des Medium-Term Notes, taux fixe |  | 7 369 723.83 | 3.33 |
| Medium-Term Notes, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 100 000.00 | 93 429.20 | 0.04 |
| EUR	BANCO DE SABADELL SA-REG-S 2.625%/VAR 22-24.03.26 | 200 000.00 | 193 681.70 | 0.09 |
| EUR	CREDIT SUISSE GROUP AG-REG-S 0.650%/VAR 20-14.01.28 | 150 000.00 | 115 323.17 | 0.05 |
| EUR	DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 200 000.00 | 191 576.68 | 0.09 |
| EUR	DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 100 000.00 | 81 676.57 | 0.04 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 100 000.00 | 99 991.57 | 0.04 |
| EUR	TOTAL SE-REG-S-SUB 2.625%/VAR 15-PRP | 700 000.00 | 681 974.05 | 0.31 |
| EUR	VIRGIN MONEY UK PLC-REG-S 0.000%/VAR 21-27.05.24 | 260 000.00 | 261 306.47 | 0.12 |
| Total EUR |  | 1 718 959.41 | 0.78 |
| Total des Medium-Term Notes, taux variable |  | 1 718 959.41 | 0.78 |
| Obligations, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	ADLER REAL ESTATE AG-REG-S 1.87500% 18-27.04.23 | 200 000.00 | 191 617.87 | 0.09 |
| EUR	ADO PROPERTIES SA-REG-S 1.50000% 17-26.07.24 | 200 000.00 | 142 157.60 | 0.06 |
| EUR	AUTOSTRADE PER L’ITALIA SPA REG-S 2.00000% 21-15.01.30 | 440 000.00 | 370 511.56 | 0.17 |
| EUR	FINNAIR OYJ-REG-S 4.25000% 21-19.05.25 | 305 000.00 | 236 317.55 | 0.11 |
| EUR	MAPFRE SA-REG-S-SUB 2.87500% 22-13.04.30 | 300 000.00 | 260 362.99 | 0.12 |
| EUR	MPT OPERATING PARTNERSHIP LP/FIN CORP 3.32500% 17-24.03.25 | 100 000.00 | 92 122.78 | 0.04 |
| EUR	WINTERSHALL DEA FINANCE BV-REG-S 0.84000% 19-25.09.25 | 600 000.00 | 563 523.33 | 0.25 |
| Total EUR |  | 1 856 613.68 | 0.84 |
| GBP |  |  |  |
| GBP	BELLIS ACQUISITION CO PLC-REG-S 3.25000% 21-16.02.26 | 180 000.00 | 174 277.16 | 0.08 |
| GBP	BERKELEY GROUP PLC/THE-REG-S 2.50000% 21-11.08.31 | 185 000.00 | 146 896.91 | 0.07 |
| Total GBP |  | 321 174.07 | 0.15 |
| MXN |  |  |  |
| MXN	MEXICO, UNITED MEXICAN STATES 7.75000% 11-13.11.42 | 563 200.00 | 2 508 592.55 | 1.13 |
| Total MXN |  | 2 508 592.55 | 1.13 |
| USD |  |  |  |
| USD	COLOMBIA, REPUBLIC OF 6.12500% 09-18.01.41 | 530 000.00 | 416 050.00 | 0.19 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 2.70000% 21-12.07.26 | 200 000.00 | 89 000.00 | 0.04 |
| USD	KAZAKHSTAN, REPUBLIC OF-REG-S 4.87500% 14-14-10.44 | 300 000.00 | 266 550.00 | 0.12 |
| USD	MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 201 000.00 | 147 735.00 | 0.07 |
| USD	PERU, REPUBLIC OF 2.78300% 20-23.01.31 | 500 000.00 | 422 500.00 | 0.19 |
| USD	PERU, REPUBLIC OF 8.75000% 03-21.11.33 | 100 000.00 | 124 125.00 | 0.05 |
| Total USD |  | 1 465 960.00 | 0.66 |
| Total des Obligations, taux fixe |  | 6 152 340.30 | 2.78 |
| Obligations, taux variable |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA-REG-S 2.500%/CPI LINKED 10-20.09.30 | 1 600 000.00 | 1 563 851.29 | 0.71 |
| Total AUD |  | 1 563 851.29 | 0.71 |
| DKK |  |  |  |
| DKK	DENMARK, KINGDOM OF 0.100%/CPI LINKED 18-15.11.30 | 3 750 000.00 | 604 803.45 | 0.27 |
| Total DKK |  | 604 803.45 | 0.27 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| EUR |  |  |  |  |
| EUR | ABANCA CORP BANCARIA SA-REG-S-SUB 6.125%/VAR 19-18.01.29 | 400 000.00 | 406 526.42 | 0.18 |
| EUR | BANCO DE CREDITO SOCIAL-REG-S 8.000%/VAR 22-22.09.26 | 400 000.00 | 416 659.00 | 0.19 |
| EUR | ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 100 000.00 | 95 483.56 | 0.04 |
| EUR | FRANCE, REPUBLIC OF 1.850%/CPTFEMU LINKED 10-25.07.27 | 1 600 000.00 | 2 321 238.09 | 1.05 |
| EUR | FRANCE, REPUBLIC OF-OAT-REG-S 0.700%/CPI LINKED 14-25.07.30 | 4 200 000.00 | 5 523 216.83 | 2.49 |
| EUR | FRANCE, REPUBLIC OF-OAT 0.100%/CPI LINKED 15-01.03.25 | 150 000.00 | 179 069.95 | 0.08 |
| EUR | FRANCE, REPUBLIC OF-OAT-REG-S 0.100%/CPI LINKED 17-01.03.28 | 2 000 000.00 | 2 416 295.88 | 1.09 |
| EUR | FRANCE, REPUBLIC OF-REG-S 0.100%/CPTFEMU LINKED 20-01.03.26 | 1 620 000.00 | 1 931 000.66 | 0.87 |
| EUR | FRANCE,REPUBLIC OF-OAT 0.100%/INFLATION IDX LKD 19-01.03.29 | 1 000 000.00 | 1 200 755.38 | 0.54 |
| EUR | ITALY, REPUBLIC OF 3.100%/CPI LINKED 11-15.09.26 | 1 970 000.00 | 2 804 325.39 | 1.27 |
| EUR | ITALY, REPUBLIC OF-144A-REG-S 1.300%/CPI LINKED 17-15.05.28 | 1 000 000.00 | 1 233 023.09 | 0.56 |
| EUR | ITALY, REPUBLIC OF-144A-REG-S 0.400%/CPI LINKED 19-15.05.30 | 5 000 000.00 | 5 504 333.42 | 2.48 |
| EUR | ITALY, REPUBLIC OF-REG-S 0.650%/CPI LINKED 20-15.05.26 | 1 500 000.00 | 1 747 717.57 | 0.79 |
| EUR | SES SA-REG-S-SUB 2.875%/VAR 21-PRP | 780 000.00 | 641 778.78 | 0.29 |
| EUR | SPAIN GOVERNMENT-144A-REG-S 1.000%/CPI LINKED 15-30.11.30 | 2 000 000.00 | 2 564 722.43 | 1.16 |
| EUR | SPAIN GOVERNMENT-144A-REG-S 0.650%/CPI LINKED 17-30.11.27 | 1 300 000.00 | 1 633 600.98 | 0.74 |
| Total EUR |  |  | 30 619 747.43 | 13.82 |
| GBP |  |  |  |  |
| GBP | M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 175 000.00 | 191 582.76 | 0.08 |
| GBP | UNITED KINGDOM OF GB & NI 4.125%/RPI LINKED 92-22.07.30 | 730 000.00 | 3 010 478.97 | 1.36 |
| GBP | UNITED KINGDOM OF GB & NI 0.625%/RPI LINKED 10-22.03.40 | 1 100 000.00 | 2 330 369.48 | 1.05 |
| GBP | UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 11-22.03.29 | 920 000.00 | 1 676 050.97 | 0.76 |
| GBP | UNITED KINGDOM OF GB&NI-REG-S 0.125%/RPI LINKED 21-10.08.31 | 1 500 000.00 | 2 256 422.17 | 1.02 |
| GBP | UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 18-10.08.28 | 1 170 000.00 | 1 814 482.88 | 0.82 |
| Total GBP |  |  | 11 279 387.23 | 5.09 |
| JPY |  |  |  |  |
| JPY | JAPAN 0.005%/CPI LINKED 21-10.03.31 | 130 000 000.00 | 1 026 271.28 | 0.46 |
| JPY | JAPAN 0.100%/CPI LINKED 16-10.03.26 | 150 000 000.00 | 1 174 096.95 | 0.53 |
| JPY | JAPAN 0.100%/CPI LINKED 19-10.03.29 | 200 000 000.00 | 1 566 774.04 | 0.71 |
| Total JPY |  |  | 3 767 142.27 | 1.70 |
| NZD |  |  |  |  |
| NZD | NEW ZEALAND-REG-S 2.500%/CPI LINKED 14-20.09.35 | 5 286 000.00 | 4 019 213.38 | 1.82 |
| Total NZD |  |  | 4 019 213.38 | 1.82 |
| SEK |  |  |  |  |
| SEK | SWEDEN, KINGDOM OF 0.125%/CPI LINKED 17-01.12.27 | 24 000 000.00 | 2 777 497.55 | 1.25 |
| Total SEK |  |  | 2 777 497.55 | 1.25 |
| USD |  |  |  |  |
| USD | CREDIT SUISSE GROUP AG-REG-S-SUB 7.500%/VAR 18-PRP | 650 000.00 | 503 620.00 | 0.23 |
| USD | QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 250 000.00 | 238 475.00 | 0.11 |
| USD | SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 200 000.00 | 148 988.80 | 0.06 |
| USD | WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 180 000.00 | 150 466.32 | 0.07 |
| Total USD |  |  | 1 041 550.12 | 0.47 |
| Total des Obligations, taux variable |  | 55 673 192.72 | 25.13 |
| Bons du Trésor à moyen terme, taux fixe |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 21-15.04.26 | 6 400 000.00 | 6 867 297.44 | 3.10 |
| USD	AMERICA, UNITED STATES OF 0.125%INFLATION LINKED 21-15.07.31 | 5 500 000.00 | 5 499 840.73 | 2.48 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 22-15.04.27 | 4 065 000.00 | 4 026 539.96 | 1.82 |
| Total USD |  | 16 393 678.13 | 7.40 |
| Total des Bons du Trésor à moyen terme, taux fixe |  | 16 393 678.13 | 7.40 |
| Bons du Trésor à moyen terme, taux variable |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 15-15.02.45 | 2 650 000.00 | 2 792 495.81 | 1.26 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.07.27 | 7 650 000.00 | 8 858 539.74 | 4.00 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28 | 4 100 000.00 | 4 704 184.01 | 2.12 |
| USD	AMERICA, UNITED STATES OF 0.875%/CPI LINKED 19-15.01.29 | 5 000 000.00 | 5 680 137.34 | 2.56 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI INDEX 19-15.07.29 | 6 000 000.00 | 6 468 714.16 | 2.92 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 7 540 000.00 | 9 117 307.61 | 4.11 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.07.26 | 8 433 000.00 | 9 930 885.17 | 4.48 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 1 000 000.00 | 1 171 939.70 | 0.53 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 7 000 000.00 | 7 996 192.24 | 3.61 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.01.30 | 6 800 000.00 | 7 161 480.72 | 3.23 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.07.30 | 7 000 000.00 | 7 389 466.33 | 3.34 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 21-15.01.31 | 6 780 000.00 | 7 003 680.33 | 3.16 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI INDEX 21-15.10.26 | 1 900 000.00 | 1 958 640.31 | 0.88 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 22-15.01.32 | 3 700 000.00 | 3 548 920.63 | 1.60 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 22-15.07.32 | 3 500 000.00 | 3 362 728.77 | 1.52 |
| Total USD |  | 87 145 312.87 | 39.32 |
| Total des Bons du Trésor à moyen terme, taux variable |  | 87 145 312.87 | 39.32 |
| Total des Titres et instruments du marché monétaire négociés sur une bourse officielle |  | 188 955 913.98 | 85.29 |
| Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  |  |  |
| Titres adossés à des hypothèques, taux fixe |  |  |  |
| USD |  |  |  |
| USD	MSBAM LYNCH TRUST-SUB 3.99400% 16-01.12.49 | 150 000.00 | 138 289.51 | 0.06 |
| Total USD |  | 138 289.51 | 0.06 |
| Total des Titres adossés à des hypothèques, taux fixe |  | 138 289.51 | 0.06 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022
| Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |

Titres adossés à des hypothèques, taux variable
| USD |  |
| --- | --- |
| USD | AVENTURA MALL TRUST-144A FLR 18-01.07.40 | 400 000.00 | 359 904.80 | 0.16 |
| USD | BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34 | 350 000.00 | 332 371.24 | 0.15 |
| USD | BANK 2017-BNK9 VAR 17-01.11.54 | 300 000.00 | 271 031.64 | 0.12 |
| USD | BBCMS TRUST CBM-144A 1M LIBOR+119.1098BP 18-15.07.37 | 350 000.00 | 331 991.83 | 0.15 |
| USD | BENCHMARK MORTGAGE TRUST VAR 18-01.02.51 | 150 000.00 | 137 403.29 | 0.06 |
| USD | CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+145BP 19-15.12.37 | 125 000.00 | 120 298.14 | 0.05 |
| USD | CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37 | 270 000.00 | 259 167.62 | 0.12 |
| USD | CORE TRUST CORE-144A 1M LIBOR+110BP 19-15.12.31 | 190 000.00 | 34 637.17 | 0.02 |
| USD | GS MORTGAGE SECURITIES TRUST-144A VAR 17-01.01.43 | 1 225 000.00 | 1 083 467.29 | 0.49 |
| USD | JPMCC COMMERCIAL MORTGAGE SEC TRUST VAR 17-01.09.50 | 550 000.00 | 454 572.58 | 0.21 |
| Total USD |  |  | 3 384 845.60 | 1.53 |
| Total des Titres adossés à des hypothèques, taux variable |  | 3 384 845.60 | 1.53 |
| Billets, taux fixe |  |  |  |
| USD |  |  |  |
| USD	AVOLON HOLDINGS FUNDING LTD-144A 2.12500% 21-21.02.26 | 105 000.00 | 89 476.80 | 0.04 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 2.05000% 21-15.04.26 | 170 000.00 | 146 693.00 | 0.06 |
| Total USD |  | 236 169.80 | 0.10 |
| Total des Billets, taux fixe |  | 236 169.80 | 0.10 |
| Obligations, taux fixe |  |  |  |
| RUB |  |  |  |
| RUB	RUSSIA, FEDERATION OF 7.65000% 19-10.04.30 | 187 000 000.00 | 1 258 949.10 | 0.57 |
| Total RUB |  | 1 258 949.10 | 0.57 |
| Total des Obligations, taux fixe |  | 1 258 949.10 | 0.57 |
| Obligations, taux variable |  |  |  |
| NZD |  |  |  |
| NZD	NEW ZEALAND 2.500%/CPI LINKED 17-20.09.40 | 7 300 000.00 | 5 492 569.29 | 2.49 |
| NZD	NEW ZEALAND 3.000%/CPI LINKED 13-20.09.30 | 5 500 000.00 | 4 407 319.39 | 1.99 |
| Total NZD |  | 9 899 888.68 | 4.48 |
| Total des Obligations, taux variable |  | 9 899 888.68 | 4.48 |
| Total des Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  | 14 918 142.69 | 6.74 |

Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé
Billets, taux fixe
| USD |  |
| --- | --- |
| USD | VISTRA OPERATIONS CO LLC-144A 5.12500% 22-13.05.25 | 365 000.00 | 355 553.19 | 0.16 |
| Total USD |  |  | 355 553.19 | 0.16 |
| Total des Billets, taux fixe | 355 553.19 | 0.16 |
| Total des Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé | 355 553.19 | 0.16 |

OPCVM/Autres OPC au sens de l’article 41 (1) e) de la loi luxembourgeoise du 17 décembre 2010, telle que modifiée
Fonds d’investissement, ouvert
Luxembourg
| EUR | UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC | 100.00 | 13 677.87 | 0.01 |
| --- | --- | --- | --- | --- |
| USD | UBS (LUX) BOND SICAV - ASIAN HIGH YIELD (USD) I-X-DIST | 45 000.00 | 2 221 200.00 | 1.00 |
| USD | UBS (LUX) BOND SICAV - CHINA HIGH YIELD (USD) U-X-ACC | 305.00 | 1 340 112.05 | 0.60 |
| Total Luxembourg | 3 574 989.92 | 1.61 |
| Total des Fonds d’investissement, ouvert | 3 574 989.92 | 1.61 |
| Total des OPCVM/Autres OPC au sens de l’article 41 (1) e) de la loi luxembourgeoise du 17 décembre 2010, telle que modifiée | 3 574 989.92 | 1.61 |
| Total du Portefeuille-titres | 207 804 599.78 | 93.80 |

| Instruments dérivés |  |
| --- | --- |
| Instruments dérivés négociés sur une bourse officielle Contrats financiers à terme sur obligations |
|  |  |  |  |
| EUR	EURO BTP ITALY GOVERNMENT FUTURE 08.12.22 | -14.00 | -25 638.29 | -0.01 |
| EUR	EURO-BUND FUTURE 08.12.22 | 35.00 | -72 559.44 | -0.03 |
| EUR	EURO-BOBL FUTURE 08.12.22 | -69.00 | 188 981.96 | 0.08 |
| EUR	EURO-SCHATZ FUTURE 08.12.22 | -34.00 | 46 210.69 | 0.02 |
| EUR	EURO-BUXL FUTURE 08.12.22 | -1.00 | 576.60 | 0.00 |
| EUR	EURO-OAT FUTURE 08.12.22 | 28.00 | -16 659.74 | -0.01 |
| GBP	LONG GILT FUTURE 29.03.23 | 26.00 | -26 628.52 | -0.01 |
| JPY	JAPAN GOVERNMENT 10Y BOND (OSE) FUTURE 13.12.22 | -25.00 | -18 417.66 | -0.01 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022
|  | Dénomination | Nombre/ | Evaluation en USD | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
|  |  |  |  |  |
| AUD | AUSTRALIA 3YR BOND FUTURE 15.12.22 | -178.00 | -6 480.37 | 0.00 |
| AUD | AUSTRALIA 10YR BOND FUTURE 15.12.22 | -4.00 | -802.09 | 0.00 |
| USD | US ULTRA LONG BOND (CBT) FUTURE 22.03.23 | -11.00 | 12 632.82 | 0.01 |
| USD | US 10YR ULTRA NOTE FUTURE 22.03.23 | -69.00 | -7 546.88 | 0.00 |
| USD | US 10YR TREASURY NOTE FUTURE 22.03.23 | -60.00 | -18 750.00 | -0.01 |
| USD | US 2YR TREASURY NOTE FUTURE 31.03.23 | 145.00 | 60 039.28 | 0.02 |
| USD | US 5YR TREASURY NOTE FUTURE 31.03.23 | -3.00 | -1 054.69 | 0.00 |
| USD | US LONG BOND FUTURE 22.03.23 | 28.00 | -13 125.00 | -0.01 |
| CAD | CAN 10YR BOND FUTURE 22.03.23 | -243.00 | 13 867.37 | 0.01 |
| Total des Contrats financiers à terme sur obligations | 114 646.04 | 0.05 |
| Total des Instruments dérivés négociés sur une bourse officielle | 114 646.04 | 0.05 |
| Instruments dérivés non négociés sur une bourse officielle ou sur un autre marché réglementé Swaps et Swaps à terme sur taux d’intérêt |  |  |

| USD USD | LCH/INTEREST RATE SWAP PAY 2.24100% 17-08.08.27 LCH/INTEREST RATE SWAP REC 3M LIBOR 17-08.08.27 | -3 500 000.00 | 230 685.01 | 0.11 |
| --- | --- | --- | --- | --- |
| USD | LCH/INTEREST RATE SWAP PAY 1.29910% 20-03.03.50 | -600 000.00 | 231 270.10 | 0.11 |
| USD | LCH/INTEREST RATE SWAP REC 3M LIBOR 20-03.03.50 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 2.11600% 20-23.01.30 | -12 000 000.00 | 567 937.88 | 0.26 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-23.01.30 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.91900% 20-10.02.30 | -12 500 000.00 | 623 986.55 | 0.28 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-10.02.30 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.20750% 19-27.09.29 | -7 100 000.00 | 852 218.01 | 0.39 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 19-27.09.29 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.67500% 24-30.10.29 | -15 000 000.00 | 937 013.64 | 0.42 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 24-30.10.29 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.58300% 24-24.09.29 | -13 000 000.00 | 849 920.66 | 0.38 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 24-24.09.29 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP PAY 2.80500% 21-02.04.26 | -70 000 000.00 | -66 028.60 | -0.03 |
| CNY | CITI/INTEREST RATE SWAP REC CNRR007 21-02.04.26 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.73300% 21-16.04.31 | -18 000 000.00 | 1 022 755.72 | 0.46 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 21-16.04.31 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.72500% 21-17.06.31 | -12 500 000.00 | 794 867.61 | 0.36 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 21-17.06.31 |  |  |  |
| USD | LCH/INTEREST RATE SWAP PAY 1.82280% 21-29.10.51 | -1 500 000.00 | 440 613.04 | 0.20 |
| USD | LCH/INTEREST RATE SWAP REC 3M LIBOR 21-29.10.51 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 3.79250% 22-17.01.32 | -8 000 000.00 | 228 690.94 | 0.10 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 22-17.01.32 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 3.86400% 22-19.01.32 | -8 000 000.00 | 218 904.22 | 0.10 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 22-19.01.32 |  |  |  |
| KRW | JPMORGAN/INTEREST RATE SWAP PAY 2.15900% 22-25.01.32 | -4 400 000 000.00 | 341 220.97 | 0.15 |
| KRW | JPMORGAN/INTEREST RATE SWAP REC 3MKWCD 22-25.01.32 |  |  |  |
| INR | MORGAN STANLEY/INTEREST RATE SWAP PAY 6.34900% 22-28.11.27 | -240 000 000.00 | -1 813.64 | 0.00 |
| INR | MORGAN STANLEY/INTEREST RATE SWAP REC O/N MIBOR 22-28.11.27 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.23500% 20-10.06.25 | 20 000 000.00 | -17 760.73 | -0.01 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAY CNRR007 20-10.06.25 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP REC 2.27000% 20-11.06.25 | 20 000 000.00 | -15 209.68 | -0.01 |
| CNY | CITI/INTEREST RATE SWAP PAY CNRR007 20-11.06.25 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.84500% 18-20.04.28 | 50 000 000.00 | -90 212.89 | -0.04 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 18-20.04.28 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP REC 1.32000% 21-22.06.26 | 8 000 000.00 | -553 901.70 | -0.25 |
| NZD | LCH/INTEREST RATE SWAP PAY 3MFRA 21-22.06.26 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 2.59600% 21-10.08.26 | 1 600 000 000.00 | -970 680.33 | -0.44 |
| HUF | LCH/INTEREST RATE SWAP PAY 6ML 21-10.08.26 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 2.83500% 21-17.09.26 | 1 020 000 000.00 | -584 424.09 | -0.26 |
| HUF | LCH/INTEREST RATE SWAP PAY 6ML 21-17.09.26 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.50000% 21-22.09.31 | 46 000 000.00 | -159 932.37 | -0.07 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 21-22.09.31 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.44000% 21-16.10.26 | 115 000 000.00 | -277 504.70 | -0.13 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 21-16.10.26 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.49250% 21-19.10.26 | 165 000 000.00 | -380 891.16 | -0.17 |
| MXN | CME/INTEREST RATE SWAP PAY MXI 21-19.10.26 |  |  |  |
| ZAR | LCH/INTEREST RATE SWAP REC 7.67000% 22-06.01.32 | 28 000 000.00 | -120 185.76 | -0.05 |
| ZAR | LCH/INTEREST RATE SWAP PAY 3MZAR 22-06.01.32 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 4.82000% 22-17.01.27 | 1 200 000 000.00 | -462 472.25 | -0.21 |
| HUF | LCH/INTEREST RATE SWAP PAY 6MHUF 22-17.01.27 |  |  |  |
| HUF | LCH/INTEREST RATE SWAP REC 4.95100% 22-19.01.27 | 1 200 000 000.00 | -446 967.90 | -0.20 |
| HUF | LCH/INTEREST RATE SWAP PAY 6MHUF 22-19.01.27 |  |  |  |
| KRW | JPMORGAN/INTEREST RATE SWAP REC 2.02000% 22-25.01.24 | 22 500 000 000.00 | -416 312.73 | -0.19 |
| KRW | JPMORGAN/INTEREST RATE SWAP PAY 3MKWCD 22-25.01.24 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP REC 4.60500% 22-29.11.27 | 4 000 000.00 | 7 331.43 | 0.00 |
| NZD | LCH/INTEREST RATE SWAP PAY 3MFRA 22-29.11.27 |  |  |  |
| Total des Swaps et Swaps à terme sur taux d’intérêt |  | 2 783 117.25 | 1.26 |
| Credit Default Swaps* |  |  |  |
|  |  |  |  |
| USD	BOA/MEX CREDIT DEFAULT SWAP PAY 1.00000% 19-20.06.24 | -1 450 000.00 | -12 884.88 | -0.01 |
| USD	BOA/TURKEY CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 1 450 000.00 | -66 041.38 | -0.03 |
| Total des Credit Default Swaps |  | -78 926.26 | -0.04 |
| Total des Instruments dérivés non négociés sur une bourse officielle ou sur un autre marché réglementé |  | 2 704 190.99 | 1.22 |
| Total des Instruments dérivés |  | 2 818 837.03 | 1.27 |
| * Nominal positif: le compartiment est «receveur», nominal négatif: le compartiment est «payeur». |  |  |  |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022
| Dénomination	Nombre/ | Evaluation en USD | en % |
| --- | --- | --- |
| Nominal | Bénéfice/(perte) non | de |
|  | réalisé(e) sur futures/ | l’actif |
|  | Contrats de | net |
|  | change à terme/ |  |
|  | Swaps (note 1) |  |

Contrats de change à terme
Devise achetée/Montant acheté/Devise vendue/Montant vendu/Date de maturité
| USD | 3 286 419.98 | BRL | 17 630 000.00 | 6.12.2022 | -65 243.26 | -0.03 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 2 487 933.99 | TWD | 79 900 000.00 | 6.12.2022 | -99 571.07 | -0.04 |
| KRW | 3 435 000 000.00 | USD | 2 408 498.11 | 6.12.2022 | 195 764.07 | 0.09 |
| CNY | 15 075 000.00 | USD | 2 092 297.02 | 6.12.2022 | 21 082.46 | 0.01 |
| MYR | 3 803 000.00 | USD | 803 762.02 | 6.12.2022 | 51 613.60 | 0.02 |
| COP | 5 437 110 000.00 | USD | 1 121 400.43 | 6.12.2022 | 7 069.86 | 0.00 |
| USD | 2 723 818.26 | MXN | 54 150 000.00 | 6.12.2022 | -70 663.48 | -0.03 |
| USD | 4 207 488.88 | JPY | 619 000 000.00 | 6.12.2022 | -229 079.23 | -0.10 |
| CHF | 38 911 000.00 | USD | 39 178 585.82 | 6.12.2022 | 1 667 161.50 | 0.75 |
| USD | 13 387 693.07 | GBP | 11 630 000.00 | 6.12.2022 | -462 875.10 | -0.21 |
| USD | 13 971 558.00 | NZD | 23 745 000.00 | 6.12.2022 | -776 433.80 | -0.35 |
| USD | 115 662.38 | AUD | 180 000.00 | 6.12.2022 | -4 887.85 | 0.00 |
| HUF | 197 400 000.00 | USD | 474 396.57 | 6.12.2022 | 21 233.52 | 0.01 |
| USD | 573 166.60 | DKK | 4 300 000.00 | 6.12.2022 | -22 146.27 | -0.01 |
| USD | 52 011 813.08 | EUR | 52 430 000.00 | 6.12.2022 | -1 976 972.85 | -0.89 |
| USD | 1 295 800.70 | SEK | 14 240 000.00 | 6.12.2022 | -39 622.50 | -0.02 |
| CHF | 1 175 000.00 | USD | 1 183 613.03 | 6.12.2022 | 49 810.76 | 0.02 |
| EUR | 142 512 100.00 | USD | 141 375 409.24 | 6.12.2022 | 5 373 689.72 | 2.42 |
| USD | 827 116.91 | CAD | 1 125 000.00 | 6.12.2022 | -2 716.88 | 0.00 |
| USD | 2 250 528.18 | THB | 84 260 000.00 | 6.12.2022 | -139 024.26 | -0.06 |
| PLN | 6 580 000.00 | USD | 1 378 301.95 | 6.12.2022 | 70 923.25 | 0.03 |
| NOK | 4 190 000.00 | USD | 405 370.90 | 6.12.2022 | 14 855.59 | 0.01 |
| EUR | 425 000.00 | USD | 416 120.90 | 6.12.2022 | 21 514.69 | 0.01 |
| USD | 218 846.63 | CAD | 295 000.00 | 6.12.2022 | 1 245.77 | 0.00 |
| USD | 2 201 369.03 | CZK | 54 610 000.00 | 6.12.2022 | -107 754.30 | -0.05 |
| USD | 486 305.83 | HUF | 197 400 000.00 | 6.12.2022 | -9 324.26 | 0.00 |
| AUD | 1 688 906.16 | EUR | 1 080 000.00 | 6.12.2022 | 18 989.37 | 0.01 |
| EUR | 1 180 000.00 | CHF | 1 160 724.70 | 6.12.2022 | -3 355.95 | 0.00 |
| USD | 384 499.24 | GBP | 330 000.00 | 6.12.2022 | -8 509.14 | 0.00 |
| USD | 605 000.00 | MXN | 11 779 386.30 | 6.12.2022 | -2 890.67 | 0.00 |
| BRL | 3 244 615.00 | USD | 605 000.00 | 6.12.2022 | 11 838.16 | 0.00 |
| USD | 2 160 562.55 | EUR | 2 119 200.00 | 6.12.2022 | -21 642.96 | -0.01 |
| GBP | 553 921.37 | EUR | 626 962.50 | 6.12.2022 | 14 080.36 | 0.01 |
| GBP | 435 454.11 | EUR | 498 037.50 | 6.12.2022 | 5 752.31 | 0.00 |
| EUR | 580 000.00 | USD | 599 198.35 | 6.12.2022 | -1 954.49 | 0.00 |
| PLN | 2 515 000.00 | HUF | 217 781 898.00 | 6.12.2022 | 7 119.19 | 0.00 |
| AUD | 350 000.00 | USD | 234 203.55 | 6.12.2022 | 199.67 | 0.00 |
| CAD | 500 000.00 | USD | 376 968.95 | 6.12.2022 | -8 153.93 | 0.00 |
| USD | 540 000.00 | SGD | 741 812.69 | 6.12.2022 | -1 348.33 | 0.00 |
| IDR | 8 384 040 000.00 | USD | 540 000.00 | 6.12.2022 | -6 874.24 | 0.00 |
| EUR | 219 082.21 | CAD | 300 000.00 | 6.12.2022 | 4 306.67 | 0.00 |
| CHF | 565 400.00 | USD | 599 067.85 | 6.12.2022 | -5 554.82 | 0.00 |
| USD | 1 456 184.70 | EUR | 1 395 000.00 | 6.12.2022 | 19 710.23 | 0.01 |
| EUR | 963 032.27 | USD | 1 000 000.00 | 6.12.2022 | -8 336.01 | 0.00 |
| USD | 540 000.00 | SGD | 738 218.34 | 6.12.2022 | 1 274.69 | 0.00 |
| IDR | 8 439 120 000.00 | USD | 540 000.00 | 6.12.2022 | -3 371.81 | 0.00 |
| PLN | 981 667.74 | HUF | 85 650 000.00 | 6.12.2022 | 1 160.57 | 0.00 |
| USD | 413 342.72 | GBP | 350 000.00 | 6.12.2022 | -3 484.35 | 0.00 |
| CAD | 290 000.00 | USD | 216 741.26 | 6.12.2022 | -2 828.55 | 0.00 |
| EUR | 1 697 500.00 | USD | 1 754 231.30 | 6.12.2022 | -6 263.26 | 0.00 |
| EUR | 390 000.00 | CAD | 540 334.86 | 6.12.2022 | 3 027.79 | 0.00 |
| AUD | 1 695 000.00 | NZD | 1 840 498.80 | 6.12.2022 | -7 950.33 | 0.00 |
| PLN | 1 000 000.00 | USD | 219 976.60 | 6.12.2022 | 270.39 | 0.00 |
| EUR | 730 860.94 | USD | 750 000.00 | 6.12.2022 | 2 590.02 | 0.00 |
| USD | 2 105 606.73 | EUR | 2 057 400.00 | 6.12.2022 | -12 961.42 | -0.01 |
| EUR | 172 685.52 | PLN | 815 000.00 | 6.12.2022 | -1 681.85 | 0.00 |
| CZK | 30 626 647.20 | PLN | 5 895 000.00 | 6.12.2022 | -3 342.51 | 0.00 |
| CAD | 461 167.01 | MXN | 6 690 000.00 | 6.12.2022 | -5 076.62 | 0.00 |
| USD | 303 049.08 | AUD | 450 000.00 | 6.12.2022 | 1 673.51 | 0.00 |
| USD | 456 607.80 | EUR | 440 000.00 | 6.12.2022 | 3 526.25 | 0.00 |
| EUR | 1 050 000.00 | AUD | 1 619 337.30 | 6.12.2022 | -3 290.76 | 0.00 |
| CAD | 1 467 601.40 | GBP | 905 000.00 | 6.12.2022 | 4 751.02 | 0.00 |
| USD | 186 055.65 | CAD | 250 000.00 | 6.12.2022 | 1 648.14 | 0.00 |
| MXN | 6 000 000.00 | USD | 309 704.29 | 6.12.2022 | -66.42 | 0.00 |
| EUR | 1 300 000.00 | USD | 1 353 522.30 | 6.12.2022 | -14 872.26 | -0.01 |
| EUR | 1 035 000.00 | USD | 1 070 039.93 | 6.12.2022 | -4 268.55 | 0.00 |
| TWD | 79 900 000.00 | USD | 2 583 252.51 | 6.12.2022 | 4 252.55 | 0.00 |
| USD | 2 598 373.98 | TWD | 79 900 000.00 | 6.1.2023 | -14 701.23 | -0.01 |
| USD | 2 106 918.24 | CNY | 15 075 000.00 | 6.12.2022 | -6 461.24 | 0.00 |
| CNY | 15 075 000.00 | USD | 2 111 344.54 | 6.1.2023 | 26 410.04 | 0.01 |
| IDR | 16 823 200 000.00 | USD | 1 068 004.06 | 6.1.2023 | 2 869.30 | 0.00 |
| MYR | 3 803 000.00 | USD | 843 050.32 | 6.1.2023 | 14 371.14 | 0.01 |
| USD | 842 303.43 | MYR | 3 803 000.00 | 6.12.2022 | -13 072.19 | -0.01 |
| USD | 1 068 815.76 | IDR | 16 823 160 000.00 | 6.12.2022 | -938.19 | 0.00 |
| KRW | 3 435 000 000.00 | USD | 2 592 942.06 | 6.1.2023 | 13 165.96 | 0.00 |
| USD | 2 590 497.74 | KRW | 3 435 000 000.00 | 6.12.2022 | -13 764.44 | -0.01 |
| USD | 2 695 766.20 | BRL | 14 390 000.00 | 6.1.2023 | -22 251.30 | -0.01 |
| COP | 5 437 110 000.00 | USD | 1 124 973.62 | 6.1.2023 | -2 998.02 | 0.00 |
| USD | 1 131 552.55 | COP | 5 437 110 000.00 | 6.12.2022 | 3 082.26 | 0.00 |
| BRL | 14 385 385.00 | USD | 2 712 688.10 | 6.12.2022 | 22 136.97 | 0.01 |
| GBP | 395 000.00 | USD | 470 937.96 | 6.12.2022 | -518.83 | 0.00 |
| USD | 4 134 203.20 | CHF | 3 929 100.00 | 6.12.2022 | 9 739.02 | 0.00 |
| EUR | 600 000.00 | USD | 619 455.60 | 6.12.2022 | -1 617.12 | 0.00 |
| Total des Contrats de change à terme | 3 473 193.47 | 1.57 |
|  |  |  |
| Avoirs en banque, dépôts à vue et à terme et autres liquidités | 8 069 020.30 * | 3.64 |
| Crédit en compte courant et autres engagements à court terme | -1 754 142.51 | -0.79 |
| Autres actifs et passifs | 1 124 555.13 | 0.51 |
| Total de l’Actif net | 221 536 063.20 | 100.00 |

* Au 30 novembre 2022, des avoirs en banque ont été utilisés à titre de garanties, à hauteur de 260 000.00 USD en faveur de Citibank et à hauteur de 10 000.00 USD en faveur de Morgan Stanley London.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Rapport semestriel au 30 novembre 2022