# UBS (Lux) Strategy SICAV – Xtra Yield (EUR)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Net assets in EUR |  | 125 753 939.75 | 126 932 709.70 | 142 353 129.96 |
| Class P-acc | LU1059709862 |  |  |  |
| Shares outstanding |  | 926 384.7920 | 957 154.5750 | 1 044 442.6150 |
| Net asset value per share in EUR |  | 104.28 | 101.88 | 104.34 |
| Issue and redemption price per share in EUR 1 |  | 104.28 | 101.88 | 104.34 |
| Class P-dist | LU1060236970 |  |  |  |
| Shares outstanding |  | 68 780.9290 | 70 327.5750 | 84 945.9260 |
| Net asset value per share in EUR |  | 103.14 | 100.77 | 103.43 |
| Issue and redemption price per share in EUR 1 |  | 103.14 | 100.77 | 103.43 |
| Class Q-acc | LU1240802071 |  |  |  |
| Shares outstanding |  | 174 165.6920 | 174 592.2250 | 191 391.4510 |
| Net asset value per share in EUR |  | 105.83 | 102.96 | 104.56 |
| Issue and redemption price per share in EUR 1 |  | 105.83 | 102.96 | 104.56 |
| Class Q-dist | LU1240802154 |  |  |  |
| Shares outstanding |  | 35 491.9280 | 43 691.9280 | 44 735.8110 |
| Net asset value per share in EUR |  | 102.18 | 99.61 | 102.24 |
| Issue and redemption price per share in EUR 1 |  | 102.18 | 99.61 | 102.24 |
| 1  See note 1 |  |  |  |  |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Semi-Annual Report as of 30 November 2019

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| Luxembourg | 62.52 |
| --- | --- |
| United States | 10.16 |
| Ireland | 9.00 |
| Germany | 6.23 |
| France | 3.70 |
| The Netherlands | 1.27 |
| United Kingdom | 0.68 |
| Norway | 0.60 |
| Finland | 0.59 |
| Canada | 0.53 |
| Australia | 0.42 |
| Supranationals | 0.41 |
| Spain | 0.39 |
| Belgium | 0.35 |
| Switzerland | 0.33 |
| Sweden | 0.27 |
| Poland | 0.18 |
| Austria | 0.17 |
| South Korea | 0.16 |
| Venezuela | 0.16 |
| China | 0.12 |
| Total | 98.24 |

Economic Breakdown as a % of net assets	
| Investment funds | 64.05 |
| --- | --- |
| Countries & central governments | 20.10 |
| Finance & holding companies | 7.37 |
| Banks & credit institutions | 4.32 |
| Supranational organisations | 1.06 |
| Cantons, federal states | 0.58 |
| Public, non-profit institutions | 0.27 |
| Insurance | 0.25 |
| Pharmaceuticals, cosmetics & medical products | 0.16 |
| Mechanical engineering & industrial equipment | 0.08 |
| Total | 98.24 |


## Statement of Net Assets
Assets	30.11.2019
EUR
Investments in securities, cost	112 293 275.39
| Investments in securities, unrealized appreciation (depreciation) | 	11 242 689.28	 |
| --- | --- |
| Total investments in securities (Note 1) | 123 535 964.67 |
| Cash at banks, deposits on demand and deposit accounts | 1 978 867.98 |
| Other liquid assets (Margins) | 311 607.72 |
| Interest receivable on securities | 244 431.02 |
| Other receivables | 29 562.75 |
| Unrealized gain (loss) on financial futures (Note 1) | 10 171.51 |
| Unrealized gain (loss) on forward foreign exchange contracts (Note 1) | -254 943.28 |
| Total Assets | 125 855 662.37 |
|  |  |
| Liabilities |  |
| Provisions for flat fee (Note 2) | -79 302.83 |
| Provisions for taxe d’abonnement (Note 3) | -3 892.93 |
| Provisions for other commissions and fees (Note 2) | 	-18 526.86	 |
| Total provisions | -101 722.62 |
| Total Liabilities | -101 722.62 |
|  |  |
| Net assets at the end of the period | 125 753 939.75 |
| Statement of Operations | EUR |
| Income | 1.6.2019-30.11.2019 |
| Interest on liquid assets | 5 573.04 |
| Interest on securities | 390 761.65 |
| Interest received on swaps (Note 1) | 26 037.32 |
| Dividends | 136 652.57 |
| Income on securities lending (Note 12) | 10 964.28 |
| Other income (Note 4) | 2 506.71 |
| Total income | 572 495.57 |
|  |  |
| Expenses |  |
| Interest paid on swaps (Note 1) | -422.22 |
| Cost on securities lending (Note 12) | -4 385.71 |
| Flat fee (Note 2) | -1 040 883.52 |
| Taxe d’abonnement (Note 3) | -13 120.04 |
| Other commissions and fees (Note 2) | -13 011.98 |
| Interest on cash and bank overdraft | -5 794.55 |
| Total expenses | -1 077 618.02 |
|  |  |
| Net income (loss) on investments | -505 122.45 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 4 334 431.36 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | -1 420.51 |
| Realized gain (loss) on financial futures | -63 437.98 |
| Realized gain (loss) on forward foreign exchange contracts | -2 059 515.43 |
| Realized gain (loss) on swaps | 103 955.56 |
| Realized gain (loss) on foreign exchange | -368 925.52 |
| Total realized gain (loss) | 1 945 087.48 |
|  |  |
| Net realized gain (loss) of the period | 1 439 965.03 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 1 153 928.43 |
| Unrealized appreciation (depreciation) on options | -112 531.42 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | -1 149.02 |
| Unrealized appreciation (depreciation) on financial futures | 104 567.05 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | 535 839.86 |
| Unrealized appreciation (depreciation) on swaps | -63 033.56 |
| Total changes in unrealized appreciation (depreciation) | 1 617 621.34 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 3 057 586.37 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Semi-Annual Report as of 30 November 2019
| Statement of Changes in Net Assets |  |
| --- | --- |
|  |  | EUR |
|  |  | 1.6.2019-30.11.2019 |
| Net assets at the beginning of the period |  | 126 932 709.70 |
| Subscriptions |  | 2 351 621.72 |
| Redemptions |  | 	-6 579 239.65	 |
| Total net subscriptions (redemptions) |  | -4 227 617.93 |
| Dividend paid |  | -8 738.39 |
| Net income (loss) on investments |  | -505 122.45 |
| Total realized gain (loss) |  | 1 945 087.48 |
| Total changes in unrealized appreciation (depreciation) |  | 	1 617 621.34	 |
| Net increase (decrease) in net assets as a result of operations |  | 3 057 586.37 |
| Net assets at the end of the period |  | 125 753 939.75 |
| Changes in the Number of Shares outstanding |  |  |
|  |  | 1.6.2019-30.11.2019 |
| Class |  | P-acc |
| Number of shares outstanding at the beginning of the period |  | 957 154.5750 |
| Number of shares issued |  | 7 058.3930 |
| Number of shares redeemed |  | -37 828.1760 |
| Number of shares outstanding at the end of the period |  | 926 384.7920 |
| Class |  | P-dist |
| Number of shares outstanding at the beginning of the period |  | 70 327.5750 |
| Number of shares issued |  | 1 069.9350 |
| Number of shares redeemed |  | -2 616.5810 |
| Number of shares outstanding at the end of the period |  | 68 780.9290 |
| Class |  | Q-acc |
| Number of shares outstanding at the beginning of the period |  | 174 592.2250 |
| Number of shares issued |  | 14 500.0540 |
| Number of shares redeemed |  | -14 926.5870 |
| Number of shares outstanding at the end of the period |  | 174 165.6920 |
| Class |  | Q-dist |
| Number of shares outstanding at the beginning of the period |  | 43 691.9280 |
| Number of shares issued |  | 0.0000 |
| Number of shares redeemed |  | -8 200.0000 |
| Number of shares outstanding at the end of the period |  | 35 491.9280 |
| Annual Distribution 1 |  |  |
| UBS (Lux) Strategy SICAV – Xtra Yield (EUR)	Ex-Date | Pay-Date | Currency	Amount per share |
| P-dist	1.8.2019 | 6.8.2019 | EUR	0.00 |
| Q-dist	1.8.2019 | 6.8.2019 | EUR	0.20 |
| 1  See note 5 |  |  |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Semi-Annual Report as of 30 November 2019

## Statement of Investments in Securities and other Net Assets as of 30 November 2019
| Description | Quantity/ | Valuation in EUR | 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 |  |  |  |
| Certificates on investment funds |  |  |  |
| Ireland |  |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 31.03.21 | 6 480 000.00 | 8 342 426.99 | 6.63 |
| Total Ireland |  | 8 342 426.99 | 6.63 |
| Total Certificates on investment funds |  | 8 342 426.99 | 6.63 |
| Notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	CHINA, PEOPLE’S REPUBLIC OF-REG-S 0.12500% 19-12.11.26 | 150 000.00 | 149 625.00 | 0.12 |
| EUR	FINLAND, REPUBLIC OF-144A-REG-S 3.50000% 11-15.04.21 | 500 000.00 | 528 289.00 | 0.42 |
| Total EUR |  | 677 914.00 | 0.54 |
| Total Notes, fixed rate |  | 677 914.00 | 0.54 |
| Medium term notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ABB FINANCE BV-REG-S 0.62500% 16-03.05.23 | 100 000.00 | 102 050.00 | 0.08 |
| EUR	AUSTRIA, REPUBLIC OF-REG-S-144A 3.50000% 05-15.09.21 | 200 000.00 | 214 629.20 | 0.17 |
| EUR	BANK NEDERLANDSE GEMEENTEN NV-REG-S 1.12500% 14-04.09.24 | 300 000.00 | 320 527.80 | 0.26 |
| EUR	CAISSE FRANCAISE DE FIN LOCAL 4.87500% 09-02.06.21 | 200 000.00 | 215 754.00 | 0.17 |
| EUR	COMMONWEALTH BANK OF AUSTRALIA 3.00000% 12-03.05.22 | 300 000.00 | 323 869.80 | 0.26 |
| EUR	COMPAGNIE DE FINANCEMENT FONCIER 3.50000% 10-05.11.20 | 200 000.00 | 207 128.40 | 0.17 |
| EUR	CORPORACION ANDINA DE FOMENTO-REG-S 0.50000% 17-25.01.22 | 200 000.00 | 201 540.00 | 0.16 |
| EUR	CREDIT SUISSE AG/GUERNSEY-REG-S 1.75000% 14-15.01.21 | 200 000.00 | 204 583.20 | 0.16 |
| EUR	DEXIA CREDIT LOCAL DE FRANCE-REG-S 0.20000% 16-16.03.21 | 100 000.00 | 100 711.00 | 0.08 |
| EUR	DEXIA CREDIT LOCAL SA-REG-S 0.25000% 17-02.06.22 | 200 000.00 | 202 721.20 | 0.16 |
| EUR	DNB BANK ASA-REG-S 0.05000% 19-14.11.23 | 325 000.00 | 324 109.50 | 0.26 |
| EUR	DNB BOLIGKREDIT A-REG-S 1.87500% 12-21.11.22 | 400 000.00 | 425 891.20 | 0.34 |
| EUR	EUROPEAN FINANCIAL STABILITY FAC-REG-S 1.75000% 13-29.10.20 | 200 000.00 | 204 040.00 | 0.16 |
| EUR	EUROPEAN INVESTMENT BANK 1.37500% 13-15.09.21 | 300 000.00 | 309 948.00 | 0.25 |
| EUR	EUROPEAN INVESTMENT BANK-REG-S 0.25000% 17-14.10.24 | 100 000.00 | 103 042.20 | 0.08 |
| EUR	EUROPEAN UNION 3.50000% 11-04.06.21 | 200 000.00 | 212 008.00 | 0.17 |
| EUR	EXPORT-IMPORT BANK OF KOREA-REG-S 0.37500% 19-26.03.24 | 200 000.00 | 203 500.00 | 0.16 |
| EUR	GE CAPITAL EUROPEAN FUNDING 2.25000% 13-20.07.20 | 200 000.00 | 202 658.40 | 0.16 |
| EUR	INSTITUTO DE CREDITO OFICIAL-REG-S 0.50000% 16-26.10.23 | 140 000.00 | 142 758.63 | 0.11 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU 4.62500% 07-04.01.23 | 200 000.00 | 231 680.00 | 0.18 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU 1.62500% 14-15.01.21 | 100 000.00 | 102 363.20 | 0.08 |
| EUR	LLOYDS BANK PLC-REG-S 0.25000% 19-25.03.24 | 100 000.00 | 101 409.40 | 0.08 |
| EUR	METROPOLITAN LIFE GLOBAL FUNDING-REG-S 1.25000% 14-17.09.21 | 300 000.00 | 307 308.00 | 0.25 |
| EUR	NATIONWIDE BUILDING SOCIETY 4.37500% 07-28.02.22 | 500 000.00 | 551 695.00 | 0.44 |
| EUR	NESTLE HOLDINGS INC-REG-S 0.87500% 17-18.07.25 | 200 000.00 | 209 279.20 | 0.17 |
| EUR	NORDEA MORTGAGE BANK PLC-REG-S 4.00000% 11-10.02.21 | 200 000.00 | 210 394.40 | 0.17 |
| EUR	POLAND, REPUBLIC OF-REG-S 3.37500% 12-09.07.24 | 200 000.00 | 231 632.00 | 0.18 |
| EUR	WESTPAC BANKING CORP-REG-S 0.62500% 15-14.01.22 | 200 000.00 | 203 792.00 | 0.16 |
| Total EUR |  | 6 371 023.73 | 5.07 |
| Total Medium term notes, fixed rate |  | 6 371 023.73 | 5.07 |
| Medium term notes, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	DEUTSCHE BAHN FINANCE BV-REG-S 0.00000% 16-19.07.21 | 100 000.00 | 100 349.00 | 0.08 |
| EUR	EUROPEAN STABILITY MECHANISM-REG-S 0.00000% 16-18.10.22 | 100 000.00 | 101 164.40 | 0.08 |
| Total EUR |  | 201 513.40 | 0.16 |
| Total Medium term notes, zero coupon |  | 201 513.40 | 0.16 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	BELGIUM, KINGDOM OF 4.25000% 11-28.09.21 | 400 000.00 | 435 720.00 | 0.35 |
| EUR	BNP PARIBAS HOME LOAN COVERED BONDS SFH 3.87500% 11-12.07.21 | 200 000.00 | 213 696.86 | 0.17 |
| EUR	CAISSE D’AMOR DE LA DETTE SOCIALE-REG-S 2.37500% 13-25.01.24 | 300 000.00 | 334 267.29 | 0.27 |
| EUR	CAISSE FRANCAISE DE FIN LOCAL-REG-S 1.75000% 13-16.07.20 | 100 000.00 | 101 316.00 | 0.08 |
| EUR	EUROPEAN FINANCIAL STABILITY FAC-REG-S 0.12500% 17-17.10.23 | 200 000.00 | 203 789.60 | 0.16 |
| EUR	FRANCE, REPUBLIC OF OAT 2.25000% 12-25.10.22 | 800 000.00 | 866 600.00 | 0.69 |
| EUR	FRANCE, REPUBLIC OF-OAT 1.75000% 14-25.11.24 | 800 000.00 | 888 073.60 | 0.71 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 1.00000% 15-25.11.25 | 850 000.00 | 919 528.30 | 0.73 |
| EUR	GERMANY, REPUBLIC OF 1.50000% 13-15.02.23 | 700 000.00 | 748 790.00 | 0.60 |
| EUR	GERMANY, REPUBLIC OF 1.50000% 13-15.05.23 | 800 000.00 | 859 849.60 | 0.68 |
| EUR	GERMANY, REPUBLIC OF 2.00000% 13-15.08.23 | 1 550 000.00 | 1 703 369.40 | 1.35 |
| EUR	GERMANY, REPUBLIC OF 1.00000% 14-15.08.24 | 850 000.00 | 914 737.70 | 0.73 |
| EUR	GERMANY, REPUBLIC OF 4.75000% 98-04.07.28 | 200 000.00 | 290 838.00 | 0.23 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 09-04.01.20 | 650 000.00 | 652 210.00 | 0.52 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 11-04.07.21 | 1 270 000.00 | 1 348 765.40 | 1.07 |
| EUR	IMPERIAL BRANDS FINANCE PLC-REG-S 0.50000% 17-27.07.21 | 200 000.00 | 200 998.00 | 0.16 |
| EUR	IRELAND, REPUBLIC OF-REG-S 3.90000% 13-20.03.23 | 200 000.00 | 228 772.80 | 0.18 |
| EUR	JOHNSON & JOHNSON 0.65000% 16-20.05.24 | 200 000.00 | 205 739.20 | 0.16 |
| EUR	NETHERLANDS, KINGDOM OF THE 3.75000% 06-15.01.23 | 300 000.00 | 341 490.00 | 0.27 |
| EUR	NETHERLANDS, KINGDOM OF THE 3.25000% 11-15.07.21 | 200 000.00 | 212 626.00 | 0.17 |
| EUR	NETHERLANDS, KINGDOM OF THE 2.00000% 14-15.07.24 | 200 000.00 | 223 661.20 | 0.18 |
| EUR	NORDRHEIN-WESTFALEN, STATE OF 4.37500% 07-29.04.22 | 330 000.00 | 367 990.92 | 0.29 |
| EUR	QUEBEC, PROVINCE OF-REG-S 2.25000% 13-17.07.23 | 330 000.00 | 360 807.48 | 0.29 |
| EUR	RABOBANK NEDERLAND NV-REG-S 0.25000% 19-30.10.26 | 300 000.00 | 297 667.80 | 0.24 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | ROYAL BANK OF CANADA-REG-S 0.12500% 16-11.03.21 | 100 000.00 | 100 564.00 | 0.08 |
| EUR | SKANDINAVISKA ENSKILDA BANKEN AB-REG-S 0.37500% 19-09.02.26 | 125 000.00 | 128 830.00 | 0.10 |
| EUR | SPAIN, KINGDOM OF 0.05000% 17-31.01.21 | 130 000.00 | 130 725.92 | 0.10 |
| EUR | SPAIN, KINGDOM OF-144A-REG-S 1.45000% 19-30.04.29 | 200 000.00 | 219 468.40 | 0.17 |
| EUR | STADSHYPOTEK AB-REG-S 0.50000% 18-11.07.25 | 200 000.00 | 207 349.20 | 0.17 |
| Total EUR |  |  | 13 708 242.67 | 10.90 |
| Total Bonds, fixed rate |  | 13 708 242.67 | 10.90 |
| Bonds, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.21 | 200 000.00 | 201 789.60 | 0.16 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.22 | 200 000.00 | 203 002.00 | 0.16 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 17-25.03.23 | 200 000.00 | 203 837.46 | 0.16 |
| EUR	GERMANY, REPUBLIC OF-REG-S 0.00000% 17-08.04.22 | 500 000.00 | 507 706.00 | 0.41 |
| EUR	NRW BANK 0.00000% 17-01.02.22 | 100 000.00 | 100 844.00 | 0.08 |
| EUR	TORONTO DOMINION BANK-REG-S 0.00000% 19-09.02.24 | 210 000.00 | 211 778.70 | 0.17 |
| Total EUR |  | 1 428 957.76 | 1.14 |
| Total Bonds, zero coupon |  | 1 428 957.76 | 1.14 |
| Bonds, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	UBS GROUP AG-REG-S 1.250%/VAR 18-17.04.25 | 200 000.00 | 207 640.00 | 0.16 |
| Total EUR |  | 207 640.00 | 0.16 |
| Total Bonds, floating rate |  | 207 640.00 | 0.16 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.37500% 01-15.02.31 | 405 000.00 | 500 192.19 | 0.40 |
| USD	AMERICA, UNITED STATES OF 4.37500% 08-15.02.38 | 405 000.00 | 499 804.79 | 0.40 |
| USD	AMERICA, UNITED STATES OF 4.37500% 11-15.05.41 | 396 000.00 | 497 241.86 | 0.40 |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-15.08.48 | 1 030 000.00 | 1 091 502.48 | 0.87 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.08.27 | 2 240 000.00 | 2 106 396.17 | 1.67 |
| USD	AMERICA, UNITED STATES OF 3.62500% 10-15.02.20 | 1 545 000.00 | 1 406 378.50 | 1.12 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 3 609 000.00 | 3 287 875.92 | 2.61 |
| Total USD |  | 9 389 391.91 | 7.47 |
| Total Treasury notes, fixed rate |  | 9 389 391.91 | 7.47 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 50 000.00 | 94 547.70 | 0.08 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 230 000.00 | 315 187.93 | 0.25 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28 | 450 000.00 | 434 802.32 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 280 000.00 | 281 451.98 | 0.22 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 200 000.00 | 214 314.20 | 0.17 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 150 000.00 | 153 417.71 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 160 000.00 | 160 447.14 | 0.13 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 80 000.00 | 78 025.90 | 0.06 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 290 000.00 | 288 507.35 | 0.23 |
| Total USD |  | 2 020 702.23 | 1.61 |
| Total Treasury notes, floating rate |  | 2 020 702.23 | 1.61 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 42 347 812.69 | 33.68 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 150 000.00 | 152 066.50 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 190 000.00 | 187 282.23 | 0.15 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 150 000.00 | 151 645.93 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 150 000.00 | 151 318.25 | 0.12 |
| Total USD |  | 642 312.91 | 0.51 |
| Total Treasury notes, floating rate | 642 312.91 | 0.51 |
| Total Transferable securities and money market instruments traded on another regulated market | 642 312.91 | 0.51 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Ireland |  |  |
| EUR	MARSHALL WACE UCITS FUND - MW DEVELOPED EUROPE TOPS FUND-F	0.00 | 0.14 | 0.00 |
| USD	SOURCE MARKETS PLC - MSCI USA SOURCE ETF-A	16 600.00 | 1 271 196.26 | 1.01 |
| USD	UBS ETFS PLC - MSCI USA TRN INDEX SF (USD) A-ACC	16 600.00 | 1 272 927.63 | 1.01 |
| Total Ireland | 2 544 124.03 | 2.02 |
| Luxembourg |  |  |
| EUR	AQR UCITS FUNDS-GLOBAL RISK UCITS FUND-B2-CAPITALISATION	11 655.00 | 1 296 036.00 | 1.03 |
| EUR	DB PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP	1 401.18 | 14 064 407.67 | 11.18 |
| EUR	INVESCO FUNDS SICAV-BALANCED RISK ALLOCATION FD-PI1-EUR-CAP	117 767.31 | 1 302 506.45 | 1.03 |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC	20 418.00 | 2 716 819.08 | 2.16 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | UBS (LUX) BOND SICAV - EUR CORPORATES (EUR) U-X-ACC | 609.00 | 7 510 742.19 | 5.97 |
| USD | UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC | 215.00 | 3 856 430.39 | 3.07 |
| USD | UBS (LUX) BOND SICAV - EMERGING ECONOMIES CORP (USD)-I-X-DIS | 27 056.00 | 2 617 016.51 | 2.08 |
| USD | UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC | 749.43 | 7 768 556.31 | 6.18 |
| USD | UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC | 664.00 | 8 209 234.46 | 6.53 |
| EUR | UBS (LUX) EQUITY FUND - EURO COUNTRIES OPPORT U-X-ACC | 374.00 | 8 511 144.18 | 6.77 |
| USD | UBS (LUX) EQUITY FUND - GLOBAL SUSTAINABLE (USD) U-X-ACC | 271.00 | 2 675 612.54 | 2.13 |
| USD | UBS (LUX) EQUITY SICAV - GLB EM OPP(USD)-U-X-ACC | 98.00 | 2 523 612.88 | 2.01 |
| USD | UBS (LUX) EQUITY SICAV - GLOBAL QUANTITATIVE (USD) U-X-ACC | 428.50 | 5 993 629.18 | 4.77 |
| USD | UBS (LUX) INST FUND-KEY SEL. GLOBAL EQUITY FA-USD | 323.00 | 7 487 181.60 | 5.95 |
| USD | UBS (LUX) INSTITUTION SICAV - EQUITIES GLB (EX USA) PASSIVE XA | 15 800.00 | 1 467 797.93 | 1.17 |
| Total Luxembourg |  | 78 000 727.37 | 62.03 |
| Total Investment funds, open end |  | 80 544 851.40 | 64.05 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  | 80 544 851.40 | 64.05 |
| Derivative instruments listed on an official stock exchange Options on indices, classic-styled |  |  |  |
| USD |  |  |  |
| USD	S&P 500 INDEX PUT 2700.00000 20.12.19 | 11.00 | 987.67 | 0.00 |
| Total USD |  | 987.67 | 0.00 |
| Total Options on indices, classic-styled |  | 987.67 | 0.00 |
| Total Derivative instruments listed on an official stock exchange |  | 987.67 | 0.00 |
| Total investments in securities |  | 123 535 964.67 | 98.24 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange Financial Futures on Indices |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 20.12.19 | -90.00 | -147 020.82 | -0.12 |
| CHF	SWISS MARKET INDEX FUTURE 20.12.19 | 17.00 | 80 110.57 | 0.07 |
| GBP	FTSE 100 INDEX FUTURE 20.12.19 | 27.00 | 22 808.84 | 0.02 |
| USD	S&P500 EMINI FUTURE 20.12.19 | 1.00 | 1 582.57 | 0.00 |
| AUD	SPI 200 INDEX FUTURE 19.12.19 | -3.00 | -8 280.93 | -0.01 |
| CAD	S&P/TSX 60 INDEX FUTURE 19.12.19 | -4.00 | -11 826.33 | -0.01 |
| JPY	NIKKEI 225 (OSE) INDEX FUTURE 12.12.19 | 4.00 | 72 797.61 | 0.06 |
| Total Financial Futures on Indices |  | 10 171.51 | 0.01 |
| Total Derivative instruments listed on an official stock exchange |  | 10 171.51 | 0.01 |
| Total Derivative instruments |  | 10 171.51 | 0.01 |
| Forward Foreign Exchange contracts Forward Foreign Exchange contracts (Purchase/Sale) |  |  |  |

| USD | 90 000.00 | EUR | 81 159.46 | 9.1.2020 | 216.78 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 77 028.54 | DKK | 575 000.00 | 9.1.2020 | 44.66 | 0.00 |
| SGD | 50 000.00 | EUR | 32 956.70 | 9.1.2020 | 116.49 | 0.00 |
| EUR | 61 719.95 | GBP | 53 918.24 | 9.1.2020 | -1 446.94 | 0.00 |
| EUR | 1 511 630.57 | CAD | 2 214 018.78 | 9.1.2020 | 3 902.19 | 0.00 |
| EUR | 158 908.64 | HKD | 1 380 000.00 | 9.1.2020 | -425.96 | 0.00 |
| EUR | 2 333 426.21 | AUD | 3 811 042.69 | 9.1.2020 | 56.00 | 0.00 |
| EUR | 81 577.95 | SEK | 884 141.78 | 9.1.2020 | -2 158.41 | 0.00 |
| NOK | 24 740 370.32 | EUR | 2 443 661.34 | 9.1.2020 | -13 587.08 | -0.01 |
| JPY | 29 593 066.00 | EUR | 248 135.75 | 9.1.2020 | -2 988.36 | 0.00 |
| ZAR | 330 000.00 | EUR | 19 870.23 | 9.1.2020 | 378.63 | 0.00 |
| EUR | 28 676 064.92 | USD | 31 765 566.80 | 9.1.2020 | -45 740.97 | -0.04 |
| EUR | 431 567.07 | CHF | 473 724.70 | 9.1.2020 | 1 441.36 | 0.00 |
| USD | 180 000.00 | EUR | 162 051.21 | 9.1.2020 | 701.28 | 0.00 |
| USD | 80 000.00 | EUR | 71 386.76 | 9.1.2020 | 947.68 | 0.00 |
| USD | 300 000.00 | EUR | 268 101.31 | 9.1.2020 | 3 152.84 | 0.00 |
| USD | 190 000.00 | EUR | 169 854.87 | 9.1.2020 | 1 939.42 | 0.00 |
| GBP | 580 000.00 | EUR | 667 772.71 | 9.1.2020 | 11 715.26 | 0.01 |
| USD | 1 290 753.18 | NOK | 11 855 000.00 | 9.1.2020 | 2 646.68 | 0.00 |
| CAD | 1 749 880.85 | NOK | 12 300 000.00 | 9.1.2020 | -16 531.93 | -0.01 |
| HKD | 450 000.00 | EUR | 51 510.23 | 9.1.2020 | 446.70 | 0.00 |
| EUR | 66 238.49 | JPY | 8 000 000.00 | 9.1.2020 | -33.08 | 0.00 |
| CAD | 100 000.00 | EUR | 68 737.36 | 9.1.2020 | -638.19 | 0.00 |
| EUR | 102 330.45 | NOK | 1 050 000.00 | 9.1.2020 | -803.74 | 0.00 |
| EUR | 45 330.75 | CHF | 50 000.00 | 9.1.2020 | -67.53 | 0.00 |
| USD | 1 650 000.00 | EUR | 1 473 414.25 | 9.1.2020 | 18 483.57 | 0.02 |
| EUR | 106 140.31 | HKD | 930 000.00 | 15.1.2020 | -1 196.14 | 0.00 |
| EUR | 47 532.45 | NOK | 483 818.01 | 15.1.2020 | 27.26 | 0.00 |
| EUR | 77 002.31 | DKK | 575 000.00 | 15.1.2020 | 14.98 | 0.00 |
| JPY | 21 453 193.00 | EUR | 177 020.42 | 15.1.2020 | 686.93 | 0.00 |
| GBP | 1 606 899.45 | EUR | 1 856 371.67 | 15.1.2020 | 25 778.40 | 0.02 |
| EUR | 1 796 452.89 | AUD | 2 896 654.53 | 15.1.2020 | 23 323.94 | 0.02 |
| EUR | 115 474.43 | SGD | 175 000.00 | 15.1.2020 | -247.58 | 0.00 |
| EUR | 60 912.17 | SEK | 650 860.06 | 15.1.2020 | -724.95 | 0.00 |
| EUR | 251 347.53 | CAD | 368 676.56 | 15.1.2020 | 369.55 | 0.00 |
| EUR | 208 626.96 | CHF | 229 820.33 | 15.1.2020 | -51.02 | 0.00 |

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

Forward Foreign Exchange contracts (Continued)
Forward Foreign Exchange contracts (Purchase/Sale)
| EUR | 24 588 165.39 | USD | 27 498 297.71 | 15.1.2020 | -266 211.90 | -0.21 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 109 994.57 | GBP | 95 000.00 | 9.1.2020 | -1 300.87 | 0.00 |
| EUR | 67 600.03 | USD | 75 000.00 | 9.1.2020 | -213.51 | 0.00 |
| EUR | 67 574.75 | USD | 75 000.00 | 15.1.2020 | -214.11 | 0.00 |
| EUR | 109 972.03 | GBP | 95 000.00 | 15.1.2020 | -1 300.80 | 0.00 |
| IDR | 20 376 190 000.00 | USD | 1 438 894.85 | 16.1.2020 | -1 474.38 | 0.00 |
| USD | 1 480 687.40 | TWD | 44 890 000.00 | 16.1.2020 | 4 256.63 | 0.00 |
| INR | 99 660 000.00 | USD | 1 378 518.57 | 16.1.2020 | 4 812.09 | 0.00 |
| EUR | 116 957.17 | USD | 130 000.00 | 9.1.2020 | -586.29 | 0.00 |
| EUR | 116 912.15 | USD | 130 000.00 | 15.1.2020 | -588.54 | 0.00 |
| EUR | 112 628.04 | USD | 125 000.00 | 9.1.2020 | -394.52 | 0.00 |
| EUR | 112 585.63 | USD | 125 000.00 | 15.1.2020 | -395.81 | 0.00 |
| CHF | 60 000.00 | EUR | 54 640.58 | 9.1.2020 | -162.65 | 0.00 |
| CHF | 60 000.00 | EUR | 54 642.77 | 15.1.2020 | -162.48 | 0.00 |
| JPY | 9 000 000.00 | EUR | 74 945.91 | 15.1.2020 | -394.48 | 0.00 |
| JPY | 9 000 000.00 | EUR | 74 948.35 | 9.1.2020 | -392.83 | 0.00 |
| EUR | 86 612.38 | HKD | 750 000.00 | 9.1.2020 | 17.49 | 0.00 |
| EUR | 86 576.62 | HKD | 750 000.00 | 15.1.2020 | 14.96 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -254 943.28 | -0.20 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 2 290 475.70 | 1.82 |
| Other assets and liabilities | 172 271.15 | 0.13 |
| Total net assets | 125 753 939.75 | 100.00 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Semi-Annual Report as of 30 November 2019

Translation (ENFR, 2019-11-30):
# UBS (Lux) Strategy SICAV – Xtra Yield (EUR)
| Données principales |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Actif net en EUR |  | 125 753 939.75 | 126 932 709.70 | 142 353 129.96 |
| Catégorie P-acc | LU1059709862 |  |  |  |
| Actions en circulation |  | 926 384.7920 | 957 154.5750 | 1 044 442.6150 |
| Valeur nette d’inventaire par action en EUR |  | 104.28 | 101.88 | 104.34 |
| Prix d’émission et de rachat par action en EUR 1 |  | 104.28 | 101.88 | 104.34 |
| Catégorie P-dist | LU1060236970 |  |  |  |
| Actions en circulation |  | 68 780.9290 | 70 327.5750 | 84 945.9260 |
| Valeur nette d’inventaire par action en EUR |  | 103.14 | 100.77 | 103.43 |
| Prix d’émission et de rachat par action en EUR 1 |  | 103.14 | 100.77 | 103.43 |
| Catégorie Q-acc | LU1240802071 |  |  |  |
| Actions en circulation |  | 174 165.6920 | 174 592.2250 | 191 391.4510 |
| Valeur nette d’inventaire par action en EUR |  | 105.83 | 102.96 | 104.56 |
| Prix d’émission et de rachat par action en EUR 1 |  | 105.83 | 102.96 | 104.56 |
| Catégorie Q-dist | LU1240802154 |  |  |  |
| Actions en circulation |  | 35 491.9280 | 43 691.9280 | 44 735.8110 |
| Valeur nette d’inventaire par action en EUR |  | 102.18 | 99.61 | 102.24 |
| Prix d’émission et de rachat par action en EUR 1 |  | 102.18 | 99.61 | 102.24 |
| 1  Voir note 1 |  |  |  |  |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Rapport semestriel au 30 novembre 2019

## Structure du portefeuille-titres
Répartition géographique en % de l’actif net	
| Luxembourg | 62.52 |
| --- | --- |
| Etats-Unis | 10.16 |
| Irlande | 9.00 |
| Allemagne | 6.23 |
| France | 3.70 |
| Pays-Bas | 1.27 |
| Grande-Bretagne | 0.68 |
| Norvège | 0.60 |
| Finlande | 0.59 |
| Canada | 0.53 |
| Australie | 0.42 |
| Supranational | 0.41 |
| Espagne | 0.39 |
| Belgique | 0.35 |
| Suisse | 0.33 |
| Suède | 0.27 |
| Pologne | 0.18 |
| Autriche | 0.17 |
| Corée du Sud | 0.16 |
| Venezuela | 0.16 |
| Chine | 0.12 |
| Total | 98.24 |

Répartition économique en % de l’actif net	
| Fonds de placement | 64.05 |
| --- | --- |
| Gouvernements nationaux et centraux | 20.10 |
| Etablissements financiers et sociétés de participation | 7.37 |
| Banques & instituts de crédit | 4.32 |
| Organisations supranationales | 1.06 |
| Cantons, Etats fédéraux | 0.58 |
| Sociétés publiques | 0.27 |
| Assurances | 0.25 |
| Produits pharmaceutiques, cosmétiques & médicaux | 0.16 |
| Machines et appareils | 0.08 |
| Total | 98.24 |


## Etat des actifs nets
Actif	30.11.2019
EUR
Portefeuille-titres, cours d’achat	112 293 275.39
| Portefeuille-titres, plus-/(moins)-value non réalisée | 	11 242 689.28	 |
| --- | --- |
| Total du Portefeuille-titres (note 1) | 123 535 964.67 |
| Avoirs en banque, dépôts à vue et à terme | 1 978 867.98 |
| Autres liquidités (marges) | 311 607.72 |
| Intérêts à recevoir sur titres | 244 431.02 |
| Autres créances | 29 562.75 |
| Bénéfice/(perte) non réalisé(e) sur contrats financiers à terme (note 1) | 10 171.51 |
| Bénéfice/(perte) non réalisé(e) sur contrats de change à terme (note 1) | -254 943.28 |
| Total de l’Actif | 125 855 662.37 |
|  |  |
| Passif |  |
| Provisions pour commission de gestion forfaitaire (note 2) | -79 302.83 |
| Provisions pour taxe d’abonnement (note 3) | -3 892.93 |
| Provisions pour autres commissions et frais (note 2) | 	-18 526.86	 |
| Total des Provisions pour frais | -101 722.62 |
| Total du Passif | -101 722.62 |
|  |  |
| Actif net à la fin de la période | 125 753 939.75 |
| Etat des opérations | EUR |
| Revenus | 1.6.2019-30.11.2019 |
| Revenus d’intérêts sur liquidités | 5 573.04 |
| Intérêts sur titres | 390 761.65 |
| Revenus d’intérêts sur swaps (note 1) | 26 037.32 |
| Dividendes | 136 652.57 |
| Revenus sur prêts de titres (note 12) | 10 964.28 |
| Autres revenus (note 4) | 2 506.71 |
| Total des Revenus | 572 495.57 |
|  |  |
| Charges |  |
| Charges d’intérêts sur swaps (note 1) | -422.22 |
| Frais sur prêts de titres (note 12) | -4 385.71 |
| Commission de gestion forfaitaire (note 2) | -1 040 883.52 |
| Taxe d’abonnement (note 3) | -13 120.04 |
| Autres commissions et frais (note 2) | -13 011.98 |
| Charges d’intérêts sur liquidités et crédit en compte courant | -5 794.55 |
| Total des Charges | -1 077 618.02 |
|  |  |
| Revenus/pertes net(te)s de placements | -505 122.45 |
|  |  |
| Bénéfices/(pertes) réalisé(e)s (note 1) |  |
| Bénéfice/(perte) réalisé(e) sur titres évalués à la valeur de marché hors options | 4 334 431.36 |
| Bénéfice/(perte) réalisé(e) sur instruments du marché monétaire et titres évalués en fonction des rendements | -1 420.51 |
| Bénéfice/perte réalisé(e) sur contrats financiers à terme | -63 437.98 |
| Bénéfice/(perte) réalisé(e) sur contrats de change à terme | -2 059 515.43 |
| Bénéfice/(perte) réalisé(e) sur swaps | 103 955.56 |
| Bénéfice/(perte) de change réalisé(e) | -368 925.52 |
| Total des Bénéfices/(pertes) réalisé(e)s | 1 945 087.48 |
|  |  |
| Bénéfice/(perte) net(te) réalisé(e) au cours de la période | 1 439 965.03 |
|  |  |
| Fluctuations de la plus-/(moins)-value non réalisée (note 1) |  |
| Plus-/(moins)-value non réalisée sur titres évalués à la valeur de marché hors options | 1 153 928.43 |
| Plus-/(moins)-value non réalisée sur options | -112 531.42 |
| Plus-/(moins)-value non réalisée sur instruments du marché monétaire et titres évalués en fonction des rendements | -1 149.02 |
| Plus-/(moins)-value non réalisée sur contrats financiers à terme | 104 567.05 |
| Plus-/(moins)-value non réalisée sur contrats de change à terme | 535 839.86 |
| Plus-/(moins)-value non réalisée sur swaps | -63 033.56 |
| Total des Fluctuations de la plus-/(moins)-value non réalisée | 1 617 621.34 |
|  |  |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | 3 057 586.37 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Rapport semestriel au 30 novembre 2019
| Fluctuations de l’actif net |  |
| --- | --- |
|  |  | EUR |
|  |  | 1.6.2019-30.11.2019 |
| Actif net au début de la période |  | 126 932 709.70 |
| Souscriptions |  | 2 351 621.72 |
| Rachats |  | 	-6 579 239.65	 |
| Total des Entrées/(sorties) de capitaux |  | -4 227 617.93 |
| Dividendes versés |  | -8 738.39 |
| Revenus/pertes net(te)s de placements |  | -505 122.45 |
| Total des Bénéfices/(pertes) réalisé(e)s |  | 1 945 087.48 |
| Total des Fluctuations de la plus-/(moins)-value non réalisée |  | 	1 617 621.34	 |
| Augmentation/(diminution) nette de l’actif net issue de l’activité |  | 3 057 586.37 |
| Actif net à la fin de la période |  | 125 753 939.75 |
| Evolution des actions en circulation |  |  |
|  |  | 1.6.2019-30.11.2019 |
| Catégorie |  | P-acc |
| Nombre d’actions en circulation au début de la période |  | 957 154.5750 |
| Nombre d’actions émises |  | 7 058.3930 |
| Nombre d’actions rachetées |  | -37 828.1760 |
| Nombre d’actions en circulation à la fin de la période |  | 926 384.7920 |
| Catégorie |  | P-dist |
| Nombre d’actions en circulation au début de la période |  | 70 327.5750 |
| Nombre d’actions émises |  | 1 069.9350 |
| Nombre d’actions rachetées |  | -2 616.5810 |
| Nombre d’actions en circulation à la fin de la période |  | 68 780.9290 |
| Catégorie |  | Q-acc |
| Nombre d’actions en circulation au début de la période |  | 174 592.2250 |
| Nombre d’actions émises |  | 14 500.0540 |
| Nombre d’actions rachetées |  | -14 926.5870 |
| Nombre d’actions en circulation à la fin de la période |  | 174 165.6920 |
| Catégorie |  | Q-dist |
| Nombre d’actions en circulation au début de la période |  | 43 691.9280 |
| Nombre d’actions émises |  | 0.0000 |
| Nombre d’actions rachetées |  | -8 200.0000 |
| Nombre d’actions en circulation à la fin de la période |  | 35 491.9280 |
| Distribution annuelle 1 |  |  |
| UBS (Lux) Strategy SICAV – Xtra Yield (EUR)  Date de détachement | Date de versement | Devise	Montant par action |
| P-dist	1.8.2019 | 6.8.2019 | EUR	0.00 |
| Q-dist	1.8.2019 | 6.8.2019 | EUR	0.20 |
| 1  Voir note 5 |  |  |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Rapport semestriel au 30 novembre 2019

## Etat du portefeuille-titres et autres actifs nets au 30 novembre 2019
| Dénomination | Nombre/ | Evaluation en EUR | 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 |  |  |  |
| Certificats sur fonds de placement |  |  |  |
| Irlande |  |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 31.03.21 | 6 480 000.00 | 8 342 426.99 | 6.63 |
| Total Irlande |  | 8 342 426.99 | 6.63 |
| Total des Certificats sur fonds de placement |  | 8 342 426.99 | 6.63 |
| Billets, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	CHINA, PEOPLE’S REPUBLIC OF-REG-S 0.12500% 19-12.11.26 | 150 000.00 | 149 625.00 | 0.12 |
| EUR	FINLAND, REPUBLIC OF-144A-REG-S 3.50000% 11-15.04.21 | 500 000.00 | 528 289.00 | 0.42 |
| Total EUR |  | 677 914.00 | 0.54 |
| Total des Billets, taux fixe |  | 677 914.00 | 0.54 |
| Medium-Term Notes, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	ABB FINANCE BV-REG-S 0.62500% 16-03.05.23 | 100 000.00 | 102 050.00 | 0.08 |
| EUR	AUSTRIA, REPUBLIC OF-REG-S-144A 3.50000% 05-15.09.21 | 200 000.00 | 214 629.20 | 0.17 |
| EUR	BANK NEDERLANDSE GEMEENTEN NV-REG-S 1.12500% 14-04.09.24 | 300 000.00 | 320 527.80 | 0.26 |
| EUR	CAISSE FRANCAISE DE FIN LOCAL 4.87500% 09-02.06.21 | 200 000.00 | 215 754.00 | 0.17 |
| EUR	COMMONWEALTH BANK OF AUSTRALIA 3.00000% 12-03.05.22 | 300 000.00 | 323 869.80 | 0.26 |
| EUR	COMPAGNIE DE FINANCEMENT FONCIER 3.50000% 10-05.11.20 | 200 000.00 | 207 128.40 | 0.17 |
| EUR	CORPORACION ANDINA DE FOMENTO-REG-S 0.50000% 17-25.01.22 | 200 000.00 | 201 540.00 | 0.16 |
| EUR	CREDIT SUISSE AG/GUERNSEY-REG-S 1.75000% 14-15.01.21 | 200 000.00 | 204 583.20 | 0.16 |
| EUR	DEXIA CREDIT LOCAL DE FRANCE-REG-S 0.20000% 16-16.03.21 | 100 000.00 | 100 711.00 | 0.08 |
| EUR	DEXIA CREDIT LOCAL SA-REG-S 0.25000% 17-02.06.22 | 200 000.00 | 202 721.20 | 0.16 |
| EUR	DNB BANK ASA-REG-S 0.05000% 19-14.11.23 | 325 000.00 | 324 109.50 | 0.26 |
| EUR	DNB BOLIGKREDIT A-REG-S 1.87500% 12-21.11.22 | 400 000.00 | 425 891.20 | 0.34 |
| EUR	EUROPEAN FINANCIAL STABILITY FAC-REG-S 1.75000% 13-29.10.20 | 200 000.00 | 204 040.00 | 0.16 |
| EUR	EUROPEAN INVESTMENT BANK 1.37500% 13-15.09.21 | 300 000.00 | 309 948.00 | 0.25 |
| EUR	EUROPEAN INVESTMENT BANK-REG-S 0.25000% 17-14.10.24 | 100 000.00 | 103 042.20 | 0.08 |
| EUR	EUROPEAN UNION 3.50000% 11-04.06.21 | 200 000.00 | 212 008.00 | 0.17 |
| EUR	EXPORT-IMPORT BANK OF KOREA-REG-S 0.37500% 19-26.03.24 | 200 000.00 | 203 500.00 | 0.16 |
| EUR	GE CAPITAL EUROPEAN FUNDING 2.25000% 13-20.07.20 | 200 000.00 | 202 658.40 | 0.16 |
| EUR	INSTITUTO DE CREDITO OFICIAL-REG-S 0.50000% 16-26.10.23 | 140 000.00 | 142 758.63 | 0.11 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU 4.62500% 07-04.01.23 | 200 000.00 | 231 680.00 | 0.18 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU 1.62500% 14-15.01.21 | 100 000.00 | 102 363.20 | 0.08 |
| EUR	LLOYDS BANK PLC-REG-S 0.25000% 19-25.03.24 | 100 000.00 | 101 409.40 | 0.08 |
| EUR	METROPOLITAN LIFE GLOBAL FUNDING-REG-S 1.25000% 14-17.09.21 | 300 000.00 | 307 308.00 | 0.25 |
| EUR	NATIONWIDE BUILDING SOCIETY 4.37500% 07-28.02.22 | 500 000.00 | 551 695.00 | 0.44 |
| EUR	NESTLE HOLDINGS INC-REG-S 0.87500% 17-18.07.25 | 200 000.00 | 209 279.20 | 0.17 |
| EUR	NORDEA MORTGAGE BANK PLC-REG-S 4.00000% 11-10.02.21 | 200 000.00 | 210 394.40 | 0.17 |
| EUR	POLAND, REPUBLIC OF-REG-S 3.37500% 12-09.07.24 | 200 000.00 | 231 632.00 | 0.18 |
| EUR	WESTPAC BANKING CORP-REG-S 0.62500% 15-14.01.22 | 200 000.00 | 203 792.00 | 0.16 |
| Total EUR |  | 6 371 023.73 | 5.07 |
| Total des Medium-Term Notes, taux fixe |  | 6 371 023.73 | 5.07 |
| Medium-Term Notes, coupon zéro |  |  |  |
| EUR |  |  |  |
| EUR	DEUTSCHE BAHN FINANCE BV-REG-S 0.00000% 16-19.07.21 | 100 000.00 | 100 349.00 | 0.08 |
| EUR	EUROPEAN STABILITY MECHANISM-REG-S 0.00000% 16-18.10.22 | 100 000.00 | 101 164.40 | 0.08 |
| Total EUR |  | 201 513.40 | 0.16 |
| Total des Medium-Term Notes, coupon zéro |  | 201 513.40 | 0.16 |
| Obligations, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	BELGIUM, KINGDOM OF 4.25000% 11-28.09.21 | 400 000.00 | 435 720.00 | 0.35 |
| EUR	BNP PARIBAS HOME LOAN COVERED BONDS SFH 3.87500% 11-12.07.21 | 200 000.00 | 213 696.86 | 0.17 |
| EUR	CAISSE D’AMOR DE LA DETTE SOCIALE-REG-S 2.37500% 13-25.01.24 | 300 000.00 | 334 267.29 | 0.27 |
| EUR	CAISSE FRANCAISE DE FIN LOCAL-REG-S 1.75000% 13-16.07.20 | 100 000.00 | 101 316.00 | 0.08 |
| EUR	EUROPEAN FINANCIAL STABILITY FAC-REG-S 0.12500% 17-17.10.23 | 200 000.00 | 203 789.60 | 0.16 |
| EUR	FRANCE, REPUBLIC OF OAT 2.25000% 12-25.10.22 | 800 000.00 | 866 600.00 | 0.69 |
| EUR	FRANCE, REPUBLIC OF-OAT 1.75000% 14-25.11.24 | 800 000.00 | 888 073.60 | 0.71 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 1.00000% 15-25.11.25 | 850 000.00 | 919 528.30 | 0.73 |
| EUR	GERMANY, REPUBLIC OF 1.50000% 13-15.02.23 | 700 000.00 | 748 790.00 | 0.60 |
| EUR	GERMANY, REPUBLIC OF 1.50000% 13-15.05.23 | 800 000.00 | 859 849.60 | 0.68 |
| EUR	GERMANY, REPUBLIC OF 2.00000% 13-15.08.23 | 1 550 000.00 | 1 703 369.40 | 1.35 |
| EUR	GERMANY, REPUBLIC OF 1.00000% 14-15.08.24 | 850 000.00 | 914 737.70 | 0.73 |
| EUR	GERMANY, REPUBLIC OF 4.75000% 98-04.07.28 | 200 000.00 | 290 838.00 | 0.23 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 09-04.01.20 | 650 000.00 | 652 210.00 | 0.52 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 11-04.07.21 | 1 270 000.00 | 1 348 765.40 | 1.07 |
| EUR	IMPERIAL BRANDS FINANCE PLC-REG-S 0.50000% 17-27.07.21 | 200 000.00 | 200 998.00 | 0.16 |
| EUR	IRELAND, REPUBLIC OF-REG-S 3.90000% 13-20.03.23 | 200 000.00 | 228 772.80 | 0.18 |
| EUR	JOHNSON & JOHNSON 0.65000% 16-20.05.24 | 200 000.00 | 205 739.20 | 0.16 |
| EUR	NETHERLANDS, KINGDOM OF THE 3.75000% 06-15.01.23 | 300 000.00 | 341 490.00 | 0.27 |
| EUR	NETHERLANDS, KINGDOM OF THE 3.25000% 11-15.07.21 | 200 000.00 | 212 626.00 | 0.17 |
| EUR	NETHERLANDS, KINGDOM OF THE 2.00000% 14-15.07.24 | 200 000.00 | 223 661.20 | 0.18 |
| EUR	NORDRHEIN-WESTFALEN, STATE OF 4.37500% 07-29.04.22 | 330 000.00 | 367 990.92 | 0.29 |
| EUR	QUEBEC, PROVINCE OF-REG-S 2.25000% 13-17.07.23 | 330 000.00 | 360 807.48 | 0.29 |
| EUR	RABOBANK NEDERLAND NV-REG-S 0.25000% 19-30.10.26 | 300 000.00 | 297 667.80 | 0.24 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Rapport semestriel au 30 novembre 2019
|  | Dénomination | Nombre/ | Evaluation en EUR | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
|  |  |  |  |  |
| EUR | ROYAL BANK OF CANADA-REG-S 0.12500% 16-11.03.21 | 100 000.00 | 100 564.00 | 0.08 |
| EUR | SKANDINAVISKA ENSKILDA BANKEN AB-REG-S 0.37500% 19-09.02.26 | 125 000.00 | 128 830.00 | 0.10 |
| EUR | SPAIN, KINGDOM OF 0.05000% 17-31.01.21 | 130 000.00 | 130 725.92 | 0.10 |
| EUR | SPAIN, KINGDOM OF-144A-REG-S 1.45000% 19-30.04.29 | 200 000.00 | 219 468.40 | 0.17 |
| EUR | STADSHYPOTEK AB-REG-S 0.50000% 18-11.07.25 | 200 000.00 | 207 349.20 | 0.17 |
| Total EUR |  |  | 13 708 242.67 | 10.90 |
| Total des Obligations, taux fixe |  | 13 708 242.67 | 10.90 |
| Obligations, coupon zéro |  |  |  |
| EUR |  |  |  |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.21 | 200 000.00 | 201 789.60 | 0.16 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.22 | 200 000.00 | 203 002.00 | 0.16 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 17-25.03.23 | 200 000.00 | 203 837.46 | 0.16 |
| EUR	GERMANY, REPUBLIC OF-REG-S 0.00000% 17-08.04.22 | 500 000.00 | 507 706.00 | 0.41 |
| EUR	NRW BANK 0.00000% 17-01.02.22 | 100 000.00 | 100 844.00 | 0.08 |
| EUR	TORONTO DOMINION BANK-REG-S 0.00000% 19-09.02.24 | 210 000.00 | 211 778.70 | 0.17 |
| Total EUR |  | 1 428 957.76 | 1.14 |
| Total des Obligations, coupon zéro |  | 1 428 957.76 | 1.14 |
| Obligations, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	UBS GROUP AG-REG-S 1.250%/VAR 18-17.04.25 | 200 000.00 | 207 640.00 | 0.16 |
| Total EUR |  | 207 640.00 | 0.16 |
| Total des Obligations, taux variable |  | 207 640.00 | 0.16 |
| Bons du Trésor à moyen terme, taux fixe |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.37500% 01-15.02.31 | 405 000.00 | 500 192.19 | 0.40 |
| USD	AMERICA, UNITED STATES OF 4.37500% 08-15.02.38 | 405 000.00 | 499 804.79 | 0.40 |
| USD	AMERICA, UNITED STATES OF 4.37500% 11-15.05.41 | 396 000.00 | 497 241.86 | 0.40 |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-15.08.48 | 1 030 000.00 | 1 091 502.48 | 0.87 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.08.27 | 2 240 000.00 | 2 106 396.17 | 1.67 |
| USD	AMERICA, UNITED STATES OF 3.62500% 10-15.02.20 | 1 545 000.00 | 1 406 378.50 | 1.12 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 3 609 000.00 | 3 287 875.92 | 2.61 |
| Total USD |  | 9 389 391.91 | 7.47 |
| Total des Bons du Trésor à moyen terme, taux fixe |  | 9 389 391.91 | 7.47 |
| Bons du Trésor à moyen terme, taux variable |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 50 000.00 | 94 547.70 | 0.08 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 230 000.00 | 315 187.93 | 0.25 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28 | 450 000.00 | 434 802.32 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 280 000.00 | 281 451.98 | 0.22 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 200 000.00 | 214 314.20 | 0.17 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 150 000.00 | 153 417.71 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 160 000.00 | 160 447.14 | 0.13 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 80 000.00 | 78 025.90 | 0.06 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 290 000.00 | 288 507.35 | 0.23 |
| Total USD |  | 2 020 702.23 | 1.61 |
| Total des Bons du Trésor à moyen terme, taux variable |  | 2 020 702.23 | 1.61 |
| Total des Titres et instruments du marché monétaire négociés sur une bourse officielle |  | 42 347 812.69 | 33.68 |
| Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  |  |  |
| Bons du Trésor à moyen terme, taux variable |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 150 000.00 | 152 066.50 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 190 000.00 | 187 282.23 | 0.15 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 150 000.00 | 151 645.93 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 150 000.00 | 151 318.25 | 0.12 |
| Total USD |  | 642 312.91 | 0.51 |
| Total des Bons du Trésor à moyen terme, taux variable |  | 642 312.91 | 0.51 |
| Total des Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  | 642 312.91 | 0.51 |

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
| Irlande |  |
| --- | --- |
| EUR | MARSHALL WACE UCITS FUND - MW DEVELOPED EUROPE TOPS FUND-F | 0.00 | 0.14 | 0.00 |
| USD | SOURCE MARKETS PLC - MSCI USA SOURCE ETF-A | 16 600.00 | 1 271 196.26 | 1.01 |
| USD | UBS ETFS PLC - MSCI USA TRN INDEX SF (USD) A-ACC | 16 600.00 | 1 272 927.63 | 1.01 |
| Total Irlande |  | 2 544 124.03 | 2.02 |
| Luxembourg |  |  |  |
| EUR	AQR UCITS FUNDS-GLOBAL RISK UCITS FUND-B2-CAPITALISATION | 11 655.00 | 1 296 036.00 | 1.03 |
| EUR	DB PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 1 401.18 | 14 064 407.67 | 11.18 |
| EUR	INVESCO FUNDS SICAV-BALANCED RISK ALLOCATION FD-PI1-EUR-CAP | 117 767.31 | 1 302 506.45 | 1.03 |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC | 20 418.00 | 2 716 819.08 | 2.16 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Rapport semestriel au 30 novembre 2019
|  | Dénomination | Nombre/ | Evaluation en EUR | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | contrats de | net |
|  |  | change à terme/ |  |
|  |  | swaps (note 1) |  |
|  |  |  |  |  |
| EUR | UBS (LUX) BOND SICAV - EUR CORPORATES (EUR) U-X-ACC | 609.00 | 7 510 742.19 | 5.97 |
| USD | UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC | 215.00 | 3 856 430.39 | 3.07 |
| USD | UBS (LUX) BOND SICAV - EMERGING ECONOMIES CORP (USD)-I-X-DIS | 27 056.00 | 2 617 016.51 | 2.08 |
| USD | UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC | 749.43 | 7 768 556.31 | 6.18 |
| USD | UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC | 664.00 | 8 209 234.46 | 6.53 |
| EUR | UBS (LUX) EQUITY FUND - EURO COUNTRIES OPPORT U-X-ACC | 374.00 | 8 511 144.18 | 6.77 |
| USD | UBS (LUX) EQUITY FUND - GLOBAL SUSTAINABLE (USD) U-X-ACC | 271.00 | 2 675 612.54 | 2.13 |
| USD | UBS (LUX) EQUITY SICAV - GLB EM OPP(USD)-U-X-ACC | 98.00 | 2 523 612.88 | 2.01 |
| USD | UBS (LUX) EQUITY SICAV - GLOBAL QUANTITATIVE (USD) U-X-ACC | 428.50 | 5 993 629.18 | 4.77 |
| USD | UBS (LUX) INST FUND-KEY SEL. GLOBAL EQUITY FA-USD | 323.00 | 7 487 181.60 | 5.95 |
| USD | UBS (LUX) INSTITUTION SICAV - EQUITIES GLB (EX USA) PASSIVE XA | 15 800.00 | 1 467 797.93 | 1.17 |
| Total Luxembourg |  | 78 000 727.37 | 62.03 |
| Total des Fonds d’investissement, ouvert |  | 80 544 851.40 | 64.05 |
| Total des OPCVM/Autres OPC au sens de l’article 41 (1) e) de la loi luxembourgeoise du 17 décembre 2010, telle que modifiée |  | 80 544 851.40 | 64.05 |
| Instruments dérivés négociés sur une bourse officielle Options sur indices boursiers, classic-styled |  |  |  |
| USD |  |  |  |
| USD	S&P 500 INDEX PUT 2700.00000 20.12.19 | 11.00 | 987.67 | 0.00 |
| Total USD |  | 987.67 | 0.00 |
| Total des Options sur indices boursiers, classic-styled |  | 987.67 | 0.00 |
| Total des Instruments dérivés négociés sur une bourse officielle |  | 987.67 | 0.00 |
| Total du Portefeuille-titres |  | 123 535 964.67 | 98.24 |

| Instruments dérivés |  |
| --- | --- |
| Instruments dérivés négociés sur une bourse officielle Contrats financiers à terme sur indices |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 20.12.19 | -90.00 | -147 020.82 | -0.12 |
| CHF	SWISS MARKET INDEX FUTURE 20.12.19 | 17.00 | 80 110.57 | 0.07 |
| GBP	FTSE 100 INDEX FUTURE 20.12.19 | 27.00 | 22 808.84 | 0.02 |
| USD	S&P500 EMINI FUTURE 20.12.19 | 1.00 | 1 582.57 | 0.00 |
| AUD	SPI 200 INDEX FUTURE 19.12.19 | -3.00 | -8 280.93 | -0.01 |
| CAD	S&P/TSX 60 INDEX FUTURE 19.12.19 | -4.00 | -11 826.33 | -0.01 |
| JPY	NIKKEI 225 (OSE) INDEX FUTURE 12.12.19 | 4.00 | 72 797.61 | 0.06 |
| Total des Contrats financiers à terme sur indices |  | 10 171.51 | 0.01 |
| Total des Instruments dérivés négociés sur une bourse officielle |  | 10 171.51 | 0.01 |
| Total des Instruments dérivés |  | 10 171.51 | 0.01 |
| Contrats de change à terme Contrats de change à terme (achat/vente) |  |  |  |

| USD | 90 000.00 | EUR | 81 159.46 | 9.1.2020 | 216.78 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 77 028.54 | DKK | 575 000.00 | 9.1.2020 | 44.66 | 0.00 |
| SGD | 50 000.00 | EUR | 32 956.70 | 9.1.2020 | 116.49 | 0.00 |
| EUR | 61 719.95 | GBP | 53 918.24 | 9.1.2020 | -1 446.94 | 0.00 |
| EUR | 1 511 630.57 | CAD | 2 214 018.78 | 9.1.2020 | 3 902.19 | 0.00 |
| EUR | 158 908.64 | HKD | 1 380 000.00 | 9.1.2020 | -425.96 | 0.00 |
| EUR | 2 333 426.21 | AUD | 3 811 042.69 | 9.1.2020 | 56.00 | 0.00 |
| EUR | 81 577.95 | SEK | 884 141.78 | 9.1.2020 | -2 158.41 | 0.00 |
| NOK | 24 740 370.32 | EUR | 2 443 661.34 | 9.1.2020 | -13 587.08 | -0.01 |
| JPY | 29 593 066.00 | EUR | 248 135.75 | 9.1.2020 | -2 988.36 | 0.00 |
| ZAR | 330 000.00 | EUR | 19 870.23 | 9.1.2020 | 378.63 | 0.00 |
| EUR | 28 676 064.92 | USD | 31 765 566.80 | 9.1.2020 | -45 740.97 | -0.04 |
| EUR | 431 567.07 | CHF | 473 724.70 | 9.1.2020 | 1 441.36 | 0.00 |
| USD | 180 000.00 | EUR | 162 051.21 | 9.1.2020 | 701.28 | 0.00 |
| USD | 80 000.00 | EUR | 71 386.76 | 9.1.2020 | 947.68 | 0.00 |
| USD | 300 000.00 | EUR | 268 101.31 | 9.1.2020 | 3 152.84 | 0.00 |
| USD | 190 000.00 | EUR | 169 854.87 | 9.1.2020 | 1 939.42 | 0.00 |
| GBP | 580 000.00 | EUR | 667 772.71 | 9.1.2020 | 11 715.26 | 0.01 |
| USD | 1 290 753.18 | NOK | 11 855 000.00 | 9.1.2020 | 2 646.68 | 0.00 |
| CAD | 1 749 880.85 | NOK | 12 300 000.00 | 9.1.2020 | -16 531.93 | -0.01 |
| HKD | 450 000.00 | EUR | 51 510.23 | 9.1.2020 | 446.70 | 0.00 |
| EUR | 66 238.49 | JPY | 8 000 000.00 | 9.1.2020 | -33.08 | 0.00 |
| CAD | 100 000.00 | EUR | 68 737.36 | 9.1.2020 | -638.19 | 0.00 |
| EUR | 102 330.45 | NOK | 1 050 000.00 | 9.1.2020 | -803.74 | 0.00 |
| EUR | 45 330.75 | CHF | 50 000.00 | 9.1.2020 | -67.53 | 0.00 |
| USD | 1 650 000.00 | EUR | 1 473 414.25 | 9.1.2020 | 18 483.57 | 0.02 |
| EUR | 106 140.31 | HKD | 930 000.00 | 15.1.2020 | -1 196.14 | 0.00 |
| EUR | 47 532.45 | NOK | 483 818.01 | 15.1.2020 | 27.26 | 0.00 |
| EUR | 77 002.31 | DKK | 575 000.00 | 15.1.2020 | 14.98 | 0.00 |
| JPY | 21 453 193.00 | EUR | 177 020.42 | 15.1.2020 | 686.93 | 0.00 |
| GBP | 1 606 899.45 | EUR | 1 856 371.67 | 15.1.2020 | 25 778.40 | 0.02 |
| EUR | 1 796 452.89 | AUD | 2 896 654.53 | 15.1.2020 | 23 323.94 | 0.02 |
| EUR | 115 474.43 | SGD | 175 000.00 | 15.1.2020 | -247.58 | 0.00 |
| EUR | 60 912.17 | SEK | 650 860.06 | 15.1.2020 | -724.95 | 0.00 |
| EUR | 251 347.53 | CAD | 368 676.56 | 15.1.2020 | 369.55 | 0.00 |
| EUR | 208 626.96 | CHF | 229 820.33 | 15.1.2020 | -51.02 | 0.00 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Rapport semestriel au 30 novembre 2019
| Dénomination	Nombre/ | Evaluation en EUR | 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 (suite)
Contrats de change à terme (achat/vente)
| EUR | 24 588 165.39 | USD | 27 498 297.71 | 15.1.2020 | -266 211.90 | -0.21 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 109 994.57 | GBP | 95 000.00 | 9.1.2020 | -1 300.87 | 0.00 |
| EUR | 67 600.03 | USD | 75 000.00 | 9.1.2020 | -213.51 | 0.00 |
| EUR | 67 574.75 | USD | 75 000.00 | 15.1.2020 | -214.11 | 0.00 |
| EUR | 109 972.03 | GBP | 95 000.00 | 15.1.2020 | -1 300.80 | 0.00 |
| IDR | 20 376 190 000.00 | USD | 1 438 894.85 | 16.1.2020 | -1 474.38 | 0.00 |
| USD | 1 480 687.40 | TWD | 44 890 000.00 | 16.1.2020 | 4 256.63 | 0.00 |
| INR | 99 660 000.00 | USD | 1 378 518.57 | 16.1.2020 | 4 812.09 | 0.00 |
| EUR | 116 957.17 | USD | 130 000.00 | 9.1.2020 | -586.29 | 0.00 |
| EUR | 116 912.15 | USD | 130 000.00 | 15.1.2020 | -588.54 | 0.00 |
| EUR | 112 628.04 | USD | 125 000.00 | 9.1.2020 | -394.52 | 0.00 |
| EUR | 112 585.63 | USD | 125 000.00 | 15.1.2020 | -395.81 | 0.00 |
| CHF | 60 000.00 | EUR | 54 640.58 | 9.1.2020 | -162.65 | 0.00 |
| CHF | 60 000.00 | EUR | 54 642.77 | 15.1.2020 | -162.48 | 0.00 |
| JPY | 9 000 000.00 | EUR | 74 945.91 | 15.1.2020 | -394.48 | 0.00 |
| JPY | 9 000 000.00 | EUR | 74 948.35 | 9.1.2020 | -392.83 | 0.00 |
| EUR | 86 612.38 | HKD | 750 000.00 | 9.1.2020 | 17.49 | 0.00 |
| EUR | 86 576.62 | HKD | 750 000.00 | 15.1.2020 | 14.96 | 0.00 |
| Total des Contrats de change à terme (achat/vente) | -254 943.28 | -0.20 |
|  |  |  |
| Avoirs en banque, dépôts à vue et à terme et autres liquidités | 2 290 475.70 | 1.82 |
| Autres actifs et passifs | 172 271.15 | 0.13 |
| Total de l’Actif net | 125 753 939.75 | 100.00 |

UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Rapport semestriel au 30 novembre 2019