# Unaudited semi-annual report as of 30 November 2019
| Table of contents | Page |  | ISIN |
| --- | --- | --- | --- |
| Management and Administration | 3 |  |  |
| Features of the Company | 5 |  |  |
| UBS (Lux) Strategy SICAV | 11 |  |  |
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) UBS (Lux) Strategy SICAV – Fixed Income (CHF) | 13 37 | K-1-acc K-1-mdist (HKD) K-1-mdist P-acc P-mdist (HKD) P-mdist (SGD hedged) P-mdist Q-acc (HKD) Q-acc Q-mdist (HKD) Q-mdist (SGD hedged) Q-mdist P-acc | LU1917361336 LU1917361419 LU1917362060 LU1917362490 LU1917361179 LU1917361765 LU1919997111 LU1917360957 LU1917361682 LU1917361252 LU1917361849 LU1919997202 LU0042743699 |
| UBS (Lux) Strategy SICAV – Fixed Income (EUR) | 43 | Q-acc P-acc | LU1240800612 LU0042744747 |
| UBS (Lux) Strategy SICAV – Fixed Income (USD) | 49 | Q-acc K-1-acc | LU0943062561 LU0937166048 |
| UBS (Lux) Strategy SICAV – Income (CHF) | 55 | P-acc (JPY hedged) P-acc Q-acc P-acc | LU0042745397 LU1203193534 LU1240800885 LU0994951381 |
| UBS (Lux) Strategy SICAV – Income (EUR) | 62 | P-dist Q-acc Q-dist K-1-acc | LU0994669108 LU1240800968 LU1240801008 LU1097600727 |
| UBS (Lux) Strategy SICAV – Income (USD) | 69 | P-acc P-dist Q-acc Q-dist K-1-acc | LU0994951464 LU0994669793 LU1240801263 LU1240801347 LU1097765488 |
| UBS (Lux) Strategy SICAV |  | P-acc (JPY hedged) P-acc P-dist Q-acc Q-dist | LU0994951548 LU1411405076 LU0994670023 LU1240801693 LU1240801776 |
| – Systematic Allocation Portfolio Defensive (USD) UBS (Lux) Strategy SICAV | 76 | K-1-acc (CHF hedged) K-1-acc (EUR hedged) K-1-acc (EUR hedged) K-X-acc P-4%-mdist (HKD) P-4%-mdist P-acc (CHF hedged) P-acc (EUR hedged) P-acc (GBP hedged) P-acc (SGD hedged) P-acc (SGD hedged) P-mdist Q-4%-mdist Q-acc (CHF hedged) Q-acc (EUR hedged) Q-acc (GBP hedged) Q-acc (SEK hedged) Q-acc (SGD hedged) Q-mdist | LU1622990858 LU1622991070 LU1622990932 LU1675059452 LU1599185995 LU1647379343 LU1599185649 LU1599186027 LU1599186530 LU1616912249 LU1599186704 LU1637863462 LU1891428200 LU1599185722 LU1599186373 LU1599186613 LU1616912322 LU1599186886 LU2038507948 |
| – Systematic Allocation Portfolio Defensive Classic (USD) | 92 | P-acc (EUR hedged) P-acc | LU1821947436 LU1821947519 |

| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) | 97 | K-1-acc | LU1622991310 |
| --- | --- | --- | --- |
| UBS (Lux) Strategy SICAV |  | (EUR hedged) K-1-acc K-X-acc P-4%-mdist P-acc (CHF hedged) P-acc (EUR hedged) P-acc (GBP hedged) P-acc (SGD hedged) P-acc Q-4%-mdist Q-acc (CHF hedged) Q-acc (EUR hedged) Q-acc (GBP hedged) Q-acc (SEK hedged) Q-acc | LU1622991401 LU1807254237 LU1599188155 LU1599187934 LU1599188239 LU1599188403 LU1616912678 LU1599188668 LU1898250995 LU1599188072 LU1599188312 LU1599188585 LU1616912751 LU1599188825 |
| – Systematic Allocation Portfolio Medium (USD) UBS (Lux) Strategy SICAV | 117 | K-1-4%-mdist (EUR hedged) K-1-4%-mdist K-1-acc (CHF hedged) K-1-acc (EUR hedged) K-1-acc P-4%-mdist (HKD) P-4%-mdist P-acc (HKD) P-acc (AUD hedged) P-acc (CAD hedged) P-acc (CHF hedged) P-acc (EUR hedged) P-acc (GBP hedged) P-acc (SGD hedged) P-acc Q-4%-mdist (HKD) Q-4%-mdist Q-acc (HKD) Q-acc (CAD hedged) Q-acc (CHF hedged) Q-acc (EUR hedged) Q-acc (GBP hedged) Q-acc (SEK hedged) Q-acc (SGD hedged) Q-acc | LU1717044132 LU1629324036 LU1616912835 LU1622991237 LU1622991153 LU1599187181 LU1647379426 LU1599186969 LU1603467017 LU1603467363 LU1603467108 LU1599187264 LU1599187421 LU1611257418 LU1599187777 LU1895574181 LU1891428119 LU1599187009 LU1891428465 LU1891428895 LU1599187348 LU1599187694 LU1616912595 LU1599187850 LU1891428036 |
| – Systematic Allocation Portfolio Medium Classic (USD) UBS (Lux) Strategy SICAV – Xtra Balanced (EUR) | 139 144 | (EUR hedged) K-1-acc P-acc (CHF hedged) P-acc (EUR hedged) P-acc (CHF hedged) Q-acc (EUR hedged) Q-acc P-acc | LU1981796631 LU1821947865 LU1821948087 LU1821947949 LU1821948160 LU1959317717 LU1161073173 |
| UBS (Lux) Strategy SICAV – Xtra Yield (EUR) | 151 | P-dist Q-acc P-acc | LU1161073256 LU1240801859 LU1059709862 |
|  |  | P-dist Q-acc Q-dist | LU1060236970 LU1240802071 LU1240802154 |
| Notes to the Financial Statements | 158 |  |  |
| Appendix | 168 |  |  |
| Sales restrictions |  |  |  |
| Shares of this Company may not be offered, sold or |  |  |  |
| distributed within the United States of America. |  |  |  |


## Internet address
www.ubs.com/funds

Translation (ENFR, 2019-11-30):
# Rapport semestriel non révisé au 30 novembre 2019
| Sommaire | Page |  | ISIN |
| --- | --- | --- | --- |
| Gestion et Administration | 3 |  |  |
| Caractéristiques de la Société | 5 |  |  |
| UBS (Lux) Strategy SICAV | 11 |  |  |
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) UBS (Lux) Strategy SICAV – Fixed Income (CHF) | 13 37 | K-1-acc K-1-mdist (HKD) K-1-mdist P-acc P-mdist (HKD) P-mdist (SGD hedged) P-mdist Q-acc (HKD) Q-acc Q-mdist (HKD) Q-mdist (SGD hedged) Q-mdist P-acc | LU1917361336 LU1917361419 LU1917362060 LU1917362490 LU1917361179 LU1917361765 LU1919997111 LU1917360957 LU1917361682 LU1917361252 LU1917361849 LU1919997202 LU0042743699 |
| UBS (Lux) Strategy SICAV – Fixed Income (EUR) | 43 | Q-acc P-acc | LU1240800612 LU0042744747 |
| UBS (Lux) Strategy SICAV – Fixed Income (USD) | 49 | Q-acc K-1-acc | LU0943062561 LU0937166048 |
| UBS (Lux) Strategy SICAV – Income (CHF) | 55 | P-acc (JPY hedged) P-acc Q-acc P-acc | LU0042745397 LU1203193534 LU1240800885 LU0994951381 |
| UBS (Lux) Strategy SICAV – Income (EUR) | 62 | P-dist Q-acc Q-dist K-1-acc | LU0994669108 LU1240800968 LU1240801008 LU1097600727 |
| UBS (Lux) Strategy SICAV – Income (USD) | 69 | P-acc P-dist Q-acc Q-dist K-1-acc | LU0994951464 LU0994669793 LU1240801263 LU1240801347 LU1097765488 |
| UBS (Lux) Strategy SICAV |  | P-acc (JPY hedged) P-acc P-dist Q-acc Q-dist | LU0994951548 LU1411405076 LU0994670023 LU1240801693 LU1240801776 |
| – Systematic Allocation Portfolio Defensive (USD) UBS (Lux) Strategy SICAV | 76 | K-1-acc (CHF hedged) K-1-acc (EUR hedged) K-1-acc (EUR hedged) K-X-acc P-4%-mdist (HKD) P-4%-mdist P-acc (CHF hedged) P-acc (EUR hedged) P-acc (GBP hedged) P-acc (SGD hedged) P-acc (SGD hedged) P-mdist Q-4%-mdist Q-acc (CHF hedged) Q-acc (EUR hedged) Q-acc (GBP hedged) Q-acc (SEK hedged) Q-acc (SGD hedged) Q-mdist | LU1622990858 LU1622991070 LU1622990932 LU1675059452 LU1599185995 LU1647379343 LU1599185649 LU1599186027 LU1599186530 LU1616912249 LU1599186704 LU1637863462 LU1891428200 LU1599185722 LU1599186373 LU1599186613 LU1616912322 LU1599186886 LU2038507948 |
| – Systematic Allocation Portfolio Defensive Classic (USD) | 92 | P-acc (EUR hedged) P-acc | LU1821947436 LU1821947519 |

| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) | 97 | K-1-acc | LU1622991310 |
| --- | --- | --- | --- |
| UBS (Lux) Strategy SICAV |  | (EUR hedged) K-1-acc K-X-acc P-4%-mdist P-acc (CHF hedged) P-acc (EUR hedged) P-acc (GBP hedged) P-acc (SGD hedged) P-acc Q-4%-mdist Q-acc (CHF hedged) Q-acc (EUR hedged) Q-acc (GBP hedged) Q-acc (SEK hedged) Q-acc | LU1622991401 LU1807254237 LU1599188155 LU1599187934 LU1599188239 LU1599188403 LU1616912678 LU1599188668 LU1898250995 LU1599188072 LU1599188312 LU1599188585 LU1616912751 LU1599188825 |
| – Systematic Allocation Portfolio Medium (USD) UBS (Lux) Strategy SICAV | 117 | K-1-4%-mdist (EUR hedged) K-1-4%-mdist K-1-acc (CHF hedged) K-1-acc (EUR hedged) K-1-acc P-4%-mdist (HKD) P-4%-mdist P-acc (HKD) P-acc (AUD hedged) P-acc (CAD hedged) P-acc (CHF hedged) P-acc (EUR hedged) P-acc (GBP hedged) P-acc (SGD hedged) P-acc Q-4%-mdist (HKD) Q-4%-mdist Q-acc (HKD) Q-acc (CAD hedged) Q-acc (CHF hedged) Q-acc (EUR hedged) Q-acc (GBP hedged) Q-acc (SEK hedged) Q-acc (SGD hedged) Q-acc | LU1717044132 LU1629324036 LU1616912835 LU1622991237 LU1622991153 LU1599187181 LU1647379426 LU1599186969 LU1603467017 LU1603467363 LU1603467108 LU1599187264 LU1599187421 LU1611257418 LU1599187777 LU1895574181 LU1891428119 LU1599187009 LU1891428465 LU1891428895 LU1599187348 LU1599187694 LU1616912595 LU1599187850 LU1891428036 |
| – Systematic Allocation Portfolio Medium Classic (USD) UBS (Lux) Strategy SICAV – Xtra Balanced (EUR) | 139 144 | (EUR hedged) K-1-acc P-acc (CHF hedged) P-acc (EUR hedged) P-acc (CHF hedged) Q-acc (EUR hedged) Q-acc P-acc | LU1981796631 LU1821947865 LU1821948087 LU1821947949 LU1821948160 LU1959317717 LU1161073173 |
| UBS (Lux) Strategy SICAV – Xtra Yield (EUR) | 151 | P-dist Q-acc P-acc | LU1161073256 LU1240801859 LU1059709862 |
|  |  | P-dist Q-acc Q-dist | LU1060236970 LU1240802071 LU1240802154 |
| Notes aux états financiers (annexe) | 158 |  |  |
| Informations supplémentaires | 170 |  |  |
| Restrictions de vente |  |  |  |

Les actions de cette Société ne peuvent être offertes, vendues ou délivrées sur le territoire des Etats-Unis d’Amérique.

## Adresse Internet
www.ubs.com/funds