# UBS (Lux) Bond SICAV
– Short Term EUR Corporates (EUR)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Net assets in EUR |  | 552 350 647.00 | 735 980 089.73 | 579 964 685.39 |
| Class F-acc | LU0396349291 |  |  |  |
| Shares outstanding |  | 626 398.7470 | 898 966.0330 | 308 608.9760 |
| Net asset value per share in EUR |  | 100.30 | 99.95 | 99.72 |
| Issue and redemption price per share in EUR 1 |  | 100.30 | 99.90 | 99.72 |
| Class (CHF hedged) F-acc | LU1289528967 |  |  |  |
| Shares outstanding |  | 86 166.5110 | 96 409.0000 | 115 145.0000 |
| Net asset value per share in CHF |  | 100.11 | 100.01 | 100.20 |
| Issue and redemption price per share in CHF 1 |  | 100.11 | 99.96 | 100.20 |
| Class (USD hedged) F-acc | LU1382376132 |  |  |  |
| Shares outstanding |  | 74 264.6690 | 81 266.4690 | 114 436.6510 |
| Net asset value per share in USD |  | 110.37 | 108.50 | 105.22 |
| Issue and redemption price per share in USD 1 |  | 110.37 | 108.45 | 105.22 |
| Class I-A1-acc | LU0396349614 |  |  |  |
| Shares outstanding |  | 88 645.7920 | 190 876.3300 | 65 501.2900 |
| Net asset value per share in EUR |  | 104.37 | 104.08 | 103.98 |
| Issue and redemption price per share in EUR 1 |  | 104.37 | 104.03 | 103.98 |
| Class I-A3-acc | LU0396350117 |  |  |  |
| Shares outstanding |  | 67 504.4100 | 67 504.4100 | 67 504.4100 |
| Net asset value per share in EUR |  | 114.90 | 114.50 | 114.24 |
| Issue and redemption price per share in EUR 1 |  | 114.90 | 114.44 | 114.24 |
| Class I-B-acc | LU0396350380 |  |  |  |
| Shares outstanding |  | 747 902.0790 | 747 902.0790 | 987 724.5650 |
| Net asset value per share in EUR |  | 105.21 | 104.70 | 104.17 |
| Issue and redemption price per share in EUR 1 |  | 105.21 | 104.65 | 104.17 |
| Class I-X-acc | LU0396350547 |  |  |  |
| Shares outstanding |  | 1 064 622.9950 | 1 660 486.5150 | 1 173 802.4900 |
| Net asset value per share in EUR |  | 118.49 | 117.88 | 117.20 |
| Issue and redemption price per share in EUR 1 |  | 118.49 | 117.82 | 117.20 |
| Class (CHF hedged) I-X-acc | LU0551565905 |  |  |  |
| Shares outstanding |  | 1 518 059.1090 | 1 590 001.3330 | 1 688 456.5000 |
| Net asset value per share in CHF |  | 112.57 | 112.26 | 112.09 |
| Issue and redemption price per share in CHF 1 |  | 112.57 | 112.20 | 112.09 |
| Class (USD hedged) I-X-acc | LU1331651262 |  |  |  |
| Shares outstanding |  | 58 929.0530 | 58 547.3740 | 30 861.6680 |
| Net asset value per share in USD |  | 112.86 | 110.75 | 107.05 |
| Issue and redemption price per share in USD 1 |  | 112.86 | 110.69 | 107.05 |
| Class K-1-acc 2 | LU0396348640 |  |  |  |
| Shares outstanding |  | - | - | 0.7000 |
| Net asset value per share in EUR |  | - | - | 3 236 033.50 |
| Issue and redemption price per share in EUR 1 |  | - | - | 3 236 033.50 |
| Class P-acc | LU0151774626 |  |  |  |
| Shares outstanding |  | 399 528.1720 | 554 994.5130 | 604 882.3200 |
| Net asset value per share in EUR |  | 123.18 | 123.12 | 123.57 |
| Issue and redemption price per share in EUR 1 |  | 123.18 | 123.06 | 123.57 |
| Class Q-acc | LU0396349457 |  |  |  |
| Shares outstanding |  | 256 410.2580 | 730 215.2870 | 151 361.9690 |
| Net asset value per share in EUR |  | 113.06 | 112.77 | 112.74 |
| Issue and redemption price per share in EUR 1 |  | 113.06 | 112.71 | 112.74 |
| Class (CHF hedged) U-X-acc | LU0696930089 |  |  |  |
| Shares outstanding |  | 1 281.3020 | 1 222.3020 | 1 229.3020 |
| Net asset value per share in CHF |  | 11 256.61 | 11 225.02 | 11 208.50 |
| Issue and redemption price per share in CHF 1 |  | 11 256.61 | 11 219.41 | 11 208.50 |
| 1  See note 1 2  The share class K-1-acc was in circulation until 10.9.2018 |  |  |  |  |

UBS (Lux) Bond SICAV – Short Term EUR Corporates (EUR) Semi-Annual Report as of 30 November 2019
UBS (Lux) Bond SICAV – Short Term EUR Corporates (EUR) Semi-Annual Report as of 30 November 2019

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| The Netherlands | 21.01 |
| --- | --- |
| France | 20.42 |
| United States | 14.14 |
| United Kingdom | 12.35 |
| Germany | 7.38 |
| Spain | 4.03 |
| Italy | 3.33 |
| Finland | 2.66 |
| Luxembourg | 2.63 |
| Australia | 2.48 |
| Ireland | 1.91 |
| Sweden | 1.86 |
| Norway | 1.04 |
| Guernsey | 0.93 |
| Switzerland | 0.49 |
| Japan | 0.48 |
| Mexico | 0.40 |
| Belgium | 0.39 |
| Denmark | 0.09 |
| Total | 98.02 |

Economic Breakdown as a % of net assets	
| Banks & credit institutions | 50.85 |
| --- | --- |
| Finance & holding companies | 23.39 |
| Telecommunications | 6.93 |
| Food & soft drinks | 2.92 |
| Energy & water supply | 2.41 |
| Insurance | 2.37 |
| Petroleum | 2.04 |
| Electrical devices & components | 1.74 |
| Tobacco & alcohol | 1.30 |
| Pharmaceuticals, cosmetics & medical products | 1.22 |
| Building industry & materials | 0.75 |
| Lodging, catering & leisure | 0.69 |
| Computer hardware & network equipment providers | 0.68 |
| Vehicles | 0.55 |
| Real Estate | 0.18 |
| Total | 98.02 |


## Statement of Net Assets
Assets	30.11.2019
EUR
Investments in securities, cost	550 247 736.98
| Investments in securities, unrealized appreciation (depreciation) | 	-8 826 129.95	 |
| --- | --- |
| Total investments in securities (Note 1) | 541 421 607.03 |
| Cash at banks, deposits on demand and deposit accounts | 5 361 247.41 |
| Receivable on securities sales (Note 1) | 1 031 381.33 |
| Receivable on subscriptions | 27 197.99 |
| Interest receivable on securities | 7 001 725.11 |
| Unrealized gain (loss) on forward foreign exchange contracts (Note 1) | -164 688.36 |
| Total Assets | 554 678 470.51 |
|  |  |
| Liabilities |  |
| Payable on securities purchases (Note 1) | -1 041 474.81 |
| Payable on redemptions | -1 190 754.51 |
| Provisions for flat fee (Note 2) | -39 429.95 |
| Provisions for taxe d’abonnement (Note 3) | -14 105.99 |
| Provisions for other commissions and fees (Note 2) | 	-42 058.25	 |
| Total provisions | -95 594.19 |
| Total Liabilities | -2 327 823.51 |
|  |  |
| Net assets at the end of the period | 552 350 647.00 |
| Statement of Operations | EUR |
| Income | 1.6.2019-30.11.2019 |
| Interest on liquid assets | 127.17 |
| Interest on securities | 6 826 696.28 |
| Income on securities lending (Note 13) | 72 535.73 |
| Other income (Note 4) | 52 069.91 |
| Total income | 6 951 429.09 |
|  |  |
| Expenses |  |
| Flat fee (Note 2) | -617 669.53 |
| Taxe d’abonnement (Note 3) | -45 164.54 |
| Cost on securities lending (Note 13) | -29 014.29 |
| Other commissions and fees (Note 2) | -37 295.44 |
| Interest on cash and bank overdraft | -10 031.95 |
| Total expenses | -739 175.75 |
|  |  |
| Net income (loss) on investments | 6 212 253.34 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | -8 095 415.37 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | -2 349.00 |
| Realized gain (loss) on forward foreign exchange contracts | 6 423 851.24 |
| Realized gain (loss) on foreign exchange | -523 529.69 |
| Total realized gain (loss) | -2 197 442.82 |
|  |  |
| Net realized gain (loss) of the period | 4 014 810.52 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 4 978 206.57 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | 1 074.22 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -2 846 766.72 |
| Total changes in unrealized appreciation (depreciation) | 2 132 514.07 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 6 147 324.59 |
| Statement of Changes in Net Assets | EUR |
|  | 1.6.2019-30.11.2019 |
| Net assets at the beginning of the period | 735 980 089.73 |
| Subscriptions | 64 548 842.65 |
| Redemptions | 	-254 325 609.97	 |
| Total net subscriptions (redemptions) | -189 776 767.32 |
| Net income (loss) on investments | 6 212 253.34 |
| Total realized gain (loss) | -2 197 442.82 |
| Total changes in unrealized appreciation (depreciation) | 	2 132 514.07	 |
| Net increase (decrease) in net assets as a result of operations | 6 147 324.59 |
| Net assets at the end of the period | 552 350 647.00 |

UBS (Lux) Bond SICAV – Short Term EUR Corporates (EUR) Semi-Annual Report as of 30 November 2019
| Changes in the Number of Shares outstanding |  |
| --- | --- |
|  | 1.6.2019-30.11.2019 |
| Class | F-acc |
| Number of shares outstanding at the beginning of the period | 898 966.0330 |
| Number of shares issued | 365 106.2720 |
| Number of shares redeemed | -637 673.5580 |
| Number of shares outstanding at the end of the period | 626 398.7470 |
| Class | (CHF hedged) F-acc |
| Number of shares outstanding at the beginning of the period | 96 409.0000 |
| Number of shares issued | 1 084.0000 |
| Number of shares redeemed | -11 326.4890 |
| Number of shares outstanding at the end of the period | 86 166.5110 |
| Class | (USD hedged) F-acc |
| Number of shares outstanding at the beginning of the period | 81 266.4690 |
| Number of shares issued | 14 087.1770 |
| Number of shares redeemed | -21 088.9770 |
| Number of shares outstanding at the end of the period | 74 264.6690 |
| Class | I-A1-acc |
| Number of shares outstanding at the beginning of the period | 190 876.3300 |
| Number of shares issued | 583.0000 |
| Number of shares redeemed | -102 813.5380 |
| Number of shares outstanding at the end of the period | 88 645.7920 |
| Class | I-A3-acc |
| Number of shares outstanding at the beginning of the period | 67 504.4100 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 67 504.4100 |
| Class | I-B-acc |
| Number of shares outstanding at the beginning of the period | 747 902.0790 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 747 902.0790 |
| Class | I-X-acc |
| Number of shares outstanding at the beginning of the period | 1 660 486.5150 |
| Number of shares issued | 70 277.4840 |
| Number of shares redeemed | -666 141.0040 |
| Number of shares outstanding at the end of the period | 1 064 622.9950 |
| Class | (CHF hedged) I-X-acc |
| Number of shares outstanding at the beginning of the period | 1 590 001.3330 |
| Number of shares issued | 28 372.9320 |
| Number of shares redeemed | -100 315.1560 |
| Number of shares outstanding at the end of the period | 1 518 059.1090 |
| Class | (USD hedged) I-X-acc |
| Number of shares outstanding at the beginning of the period | 58 547.3740 |
| Number of shares issued | 381.6790 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 58 929.0530 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 554 994.5130 |
| Number of shares issued | 43 875.0180 |
| Number of shares redeemed | -199 341.3590 |
| Number of shares outstanding at the end of the period | 399 528.1720 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the period | 730 215.2870 |
| Number of shares issued | 80 173.6630 |
| Number of shares redeemed | -553 978.6920 |
| Number of shares outstanding at the end of the period | 256 410.2580 |
| Class | (CHF hedged) U-X-acc |
| Number of shares outstanding at the beginning of the period | 1 222.3020 |
| Number of shares issued | 59.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 1 281.3020 |

UBS (Lux) Bond SICAV – Short Term EUR Corporates (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 Notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	AT&T INC 1.95000% 19-15.09.23 | 2 000 000.00 | 2 122 153.00 | 0.38 |
| Total EUR |  | 2 122 153.00 | 0.38 |
| Total Notes, fixed rate |  | 2 122 153.00 | 0.38 |
| Medium term notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ABN AMRO BANK NV-REG-S-SUB 7.12500% 12-06.07.22 | 900 000.00 | 1 057 107.60 | 0.19 |
| EUR	ABN AMRO BANK NV-SUB 6.37500% 11-27.04.21 | 7 600 000.00 | 8 257 673.60 | 1.50 |
| EUR	ACHMEA BANK NV 2.75000% 14-18.02.21 | 6 600 000.00 | 6 829 680.00 | 1.24 |
| EUR	ANGLO AMERICAN CAPITAL PLC 3.50000% 12-28.03.22 | 3 500 000.00 | 3 758 125.00 | 0.68 |
| EUR	ANHEUSER-BUSCH INBEV SA/NV-REG-S 0.87500% 16-17.03.22 | 2 100 000.00 | 2 143 113.00 | 0.39 |
| EUR	BANCO BILBAO VIZCAYA ARGENTARIA SA 1.00000% 16-20.01.21 | 1 000 000.00 | 1 012 888.00 | 0.18 |
| EUR	BANCO BILBAO VIZCAYA ARGENTARIA-REG-S 0.62500% 17-17.01.22 | 4 100 000.00 | 4 156 022.40 | 0.75 |
| EUR	BANCO SANTANDER SA 1.37500% 16-03.03.21 | 1 800 000.00 | 1 835 028.00 | 0.33 |
| EUR	BANCO SANTANDER SA-REG-S 1.37500% 15-14.12.22 | 4 200 000.00 | 4 368 420.00 | 0.79 |
| EUR	BANK OF AMERICA CORP-REG-S 1.37500% 14-10.09.21 | 10 500 000.00 | 10 774 680.00 | 1.95 |
| EUR	BANK OF AMERICA CORP-REG-S 1.62500% 15-14.09.22 | 300 000.00 | 313 213.20 | 0.06 |
| EUR	BANQUE FEDEDRATIVE DU CREDIT MUL-REG-S 0.12500% 18-30.08.21 | 4 000 000.00 | 4 015 200.00 | 0.73 |
| EUR	BANQUE FEDER DU CREDIT MUTUEL-REG-S 0.37500% 17-13.01.22 | 2 000 000.00 | 2 017 600.00 | 0.37 |
| EUR	BANQUE FEDERATIVE DU CREDIT MUTUEL-SUB 4.00000% 10-22.10.20 | 4 900 000.00 | 5 069 001.00 | 0.92 |
| EUR	BANQUE FEDERATIVE DU CREDIT MUTUEL 2.62500% 13-24.02.21 | 2 900 000.00 | 2 999 325.00 | 0.54 |
| EUR	BARCLAYS BANK PLC-SUB 6.00000% 10-14.01.21 | 2 400 000.00 | 2 551 222.32 | 0.46 |
| EUR	BARCLAYS PLC-REG-S 1.87500% 16-23.03.21 | 3 200 000.00 | 3 275 129.28 | 0.59 |
| EUR	BAT INTERNATIONAL FINANCE PLC 4.87500% 09-24.02.21 | 3 200 000.00 | 3 391 744.00 | 0.61 |
| EUR	BMW FINANCE NV-REG-S 0.12500% 17-12.01.21 | 1 200 000.00 | 1 203 655.20 | 0.22 |
| EUR	BMW FINANCE NV-REG-S 0.50000% 18-22.11.22 | 3 200 000.00 | 3 243 558.40 | 0.59 |
| EUR	BMW FINANCE NV-REG-S 0.12500% 18-29.11.21 | 3 400 000.00 | 3 411 900.00 | 0.62 |
| EUR	BMW FINANCE NV-REG-S 0.25000% 18-14.01.22 | 1 000 000.00 | 1 006 180.00 | 0.18 |
| EUR	BNP PARIBAS 2.25000% 14-13.01.21 | 3 400 000.00 | 3 493 459.20 | 0.63 |
| EUR	BNP PARIBAS-REG-S 1.12500% 16-15.01.23 | 9 000 000.00 | 9 316 800.00 | 1.69 |
| EUR	BP CAPITAL MARKETS PLC-REG-S 2.51700% 13-17.02.21 | 3 800 000.00 | 3 926 243.60 | 0.71 |
| EUR	BP CAPITAL MARKETS PLC 2.17700% 14-28.09.21 | 5 400 000.00 | 5 627 836.80 | 1.02 |
| EUR	BPCE SA 2.12500% 14-17.03.21 | 1 500 000.00 | 1 544 715.00 | 0.28 |
| EUR	BPCE SA 4.25000% 12-06.02.23 | 1 200 000.00 | 1 363 010.40 | 0.25 |
| EUR	BRITISH TELECOMMUNICATIONS PLC-REG-S 0.62500% 16-10.03.21 | 1 300 000.00 | 1 311 117.60 | 0.24 |
| EUR	CIE DE SAINT-GOBAIN SA 3.62500% 12-28.03.22 | 1 000 000.00 | 1 085 148.00 | 0.20 |
| EUR	CIE DE SAINT-GOBAIN SA 3.62500% 12-15.06.21 | 2 900 000.00 | 3 063 931.20 | 0.55 |
| EUR	CITIGROUP INC-REG-S 1.37500% 14-27.10.21 | 4 500 000.00 | 4 624 470.00 | 0.84 |
| EUR	CITIGROUP INC-REG-S 0.75000% 16-26.10.23 | 1 200 000.00 | 1 225 977.60 | 0.22 |
| EUR	CITIGROUP INC-REG-S 0.50000% 19-29.01.22 | 4 200 000.00 | 4 245 948.00 | 0.77 |
| EUR	COMMERZBANK AG-REG-S 0.50000% 18-28.08.23 | 3 600 000.00 | 3 639 902.40 | 0.66 |
| EUR	COMMERZBANK AG-SUB 7.75000% 11-16.03.21 | 2 800 000.00 | 3 068 240.00 | 0.56 |
| EUR	COMMONWEALTH BANK OF AUSTRALIA-REG-S 0.50000% 17-11.07.22 | 600 000.00 | 608 742.00 | 0.11 |
| EUR	CREDIT AGRICOLE SA LONDON 2.37500% 13-27.11.20 | 1 000 000.00 | 1 026 029.00 | 0.19 |
| EUR	CREDIT AGRICOLE SA-SUB 3.90000% 10-19.04.21 | 500 000.00 | 525 779.00 | 0.10 |
| EUR	CREDIT SUISSE GRP FDNG GUERNSEY-REG-S 1.25000% 15-14.04.22 | 5 000 000.00 | 5 138 790.00 | 0.93 |
| EUR	DAIMLER AG-REG-S 0.87500% 16-12.01.21 | 2 000 000.00 | 2 019 800.00 | 0.37 |
| EUR	DAIMLER INTERNATIONAL FINANCE BV-REG-S 0.25000% 18-09.08.21 | 1 200 000.00 | 1 204 521.60 | 0.22 |
| EUR	DEUTSCHE BANK AG-REG-S 1.62500% 19-12.02.21 | 10 500 000.00 | 10 610 770.80 | 1.92 |
| EUR	DEUTSCHE BANK AG-REG-S 1.87500% 19-14.02.22 | 2 000 000.00 | 2 034 640.00 | 0.37 |
| EUR	DEUTSCHE TELEKOM INTL FINANCE-REG-S 2.12500% 13-18.01.21 | 2 400 000.00 | 2 460 000.00 | 0.45 |
| EUR	DEUTSCHE TELEKOM INTL FINANCE BV-REG-S 0.25000% 16-19.04.21 | 2 000 000.00 | 2 009 132.00 | 0.36 |
| EUR	DEUTSCHE TELEKOM INTL FINANCE-REG-S 0.37500% 17-30.10.21 | 4 600 000.00 | 4 639 219.60 | 0.84 |
| EUR	DIAGEO FINANCE PLC-REG-S 0.25000% 18-22.10.21 | 2 000 000.00 | 2 012 952.00 | 0.36 |
| EUR	DIAGEO FINANCE PLC-REG-S 0.12500% 19-12.10.23 | 2 600 000.00 | 2 617 082.00 | 0.47 |
| EUR	DNB BANK ASA 4.37500% 11-24.02.21 | 2 900 000.00 | 3 062 684.20 | 0.55 |
| EUR	DNB BANK ASA-REG-S 0.60000% 18-25.09.23 | 2 600 000.00 | 2 655 827.20 | 0.48 |
| EUR	EDP FINANCE BV 4.12500% 13-20.01.21 | 1 400 000.00 | 1 465 114.00 | 0.27 |
| EUR	EDP FINANCE BV 4.87500% 13-14.09.20 | 1 000 000.00 | 1 039 062.00 | 0.19 |
| EUR	ENEL FINANCE INTERNATIONAL NV 5.00000% 11-12.07.21 | 1 900 000.00 | 2 055 268.00 | 0.37 |
| EUR	FCE BANK PLC-REG-S 1.13400% 15-10.02.22 | 1 100 000.00 | 1 099 896.60 | 0.20 |
| EUR	FCE BANK PLC-REG-S 1.52800% 15-09.11.20 | 3 500 000.00 | 3 540 488.00 | 0.64 |
| EUR	FCE BANK PLC-REG-S 1.66000% 16-11.02.21 | 1 000 000.00 | 1 014 000.00 | 0.18 |
| EUR	GE CAPITAL EUROPEAN FUNDING 4.35000% 06-03.11.21 | 400 000.00 | 431 229.16 | 0.08 |
| EUR	GE CAPITAL EUROPEAN FUNDING 5.37500% 09-23.01.20 | 2 000 000.00 | 2 014 948.00 | 0.36 |
| EUR	GE CAPITAL EUROPEAN FUNDING 2.25000% 13-20.07.20 | 1 700 000.00 | 1 722 596.40 | 0.31 |
| EUR	GE CAPITAL EUROPEAN FUNDING-REG-S 0.80000% 15-21.01.22 | 6 300 000.00 | 6 374 214.00 | 1.15 |
| EUR	GLENCORE FINANCE EUROPE SA-REG-S 1.62500% 14-18.01.22 | 2 300 000.00 | 2 355 512.80 | 0.43 |
| EUR	GLENCORE FINANCE EUROPE SA-REG-S 1.25000% 15-17.03.21 | 6 500 000.00 | 6 574 750.00 | 1.19 |
| EUR	GOLDMAN SACHS GROUP INC-REG-S 2.50000% 14-18.10.21 | 3 900 000.00 | 4 090 491.60 | 0.74 |
| EUR	GOLDMAN SACHS GROUP INC-REG-S 1.37500% 15-26.07.22 | 4 800 000.00 | 4 972 041.60 | 0.90 |
| EUR	HEIDELBERGCEMENT FIN LUX SA-REG-S 0.50000% 17-18.01.21 | 4 400 000.00 | 4 421 859.20 | 0.80 |
| EUR	HEINEKEN NV 2.00000% 13-06.04.21 | 1 600 000.00 | 1 646 707.20 | 0.30 |
| EUR	HEINEKEN NV-REG-S 1.25000% 15-10.09.21 | 2 300 000.00 | 2 348 346.00 | 0.43 |
| EUR	HOLCIM FINANCE LUXEMBOURG SA-REG-S 1.37500% 16-26.05.23 | 613 000.00 | 641 027.58 | 0.12 |
| EUR	HSBC BANK PLC 4.00000% 10-15.01.21 | 2 800 000.00 | 2 930 172.00 | 0.53 |
| EUR	HSBC HOLDINGS PLC-REG-S 1.50000% 16-15.03.22 | 900 000.00 | 928 479.60 | 0.17 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S 3.50000% 13-01.02.21 | 3 800 000.00 | 3 961 120.00 | 0.72 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S 2.50000% 14-24.10.22 | 1 000 000.00 | 1 072 004.00 | 0.19 |
| EUR	IMPERIAL BRANDS FINANCE PLC-REG-S 2.25000% 14-26.02.21 | 5 000 000.00 | 5 106 673.00 | 0.92 |
| EUR	ING BANK NV 4.50000% 12-21.02.22 | 1 000 000.00 | 1 101 966.00 | 0.20 |
| EUR	ING BANK NV-REG-S 0.75000% 16-22.02.21 | 3 000 000.00 | 3 033 600.00 | 0.55 |
| EUR	ING BANK NV-REG-S 0.37500% 18-26.11.21 | 9 400 000.00 | 9 492 759.20 | 1.72 |
| EUR	INTESA SANPAOLO SPA-REG-S 2.00000% 14-18.06.21 | 4 400 000.00 | 4 530 592.00 | 0.82 |

UBS (Lux) Bond SICAV – Short Term EUR Corporates (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 | INTESA SANPAOLO SPA-REG-S 0.87500% 17-27.06.22 | 6 000 000.00 | 6 096 960.00 | 1.10 |
| EUR | JP MORGAN CHASE & CO 2.75000% 13-01.02.23 | 1 400 000.00 | 1 518 803.72 | 0.28 |
| EUR | JPMORGAN CHASE & CO 2.62500% 13-23.04.21 | 10 400 000.00 | 10 809 302.40 | 1.96 |
| EUR | JPMORGAN CHASE & CO-REG-S 1.37500% 14-16.09.21 | 1 000 000.00 | 1 027 266.00 | 0.19 |
| EUR | LLOYDS BANK PLC-SUB 6.50000% 10-24.03.20 | 6 100 000.00 | 6 219 169.60 | 1.13 |
| EUR | LOGICOR FINANCING SARL-REG-S 1.50000% 18-14.11.22 | 500 000.00 | 515 900.40 | 0.09 |
| EUR | MCDONALD’S CORP-REG-S 0.50000% 16-15.01.21 | 3 800 000.00 | 3 827 071.20 | 0.69 |
| EUR | MORGAN STANLEY 2.37500% 14-31.03.21 | 5 400 000.00 | 5 579 809.20 | 1.01 |
| EUR | NATIONAL AUSTRALIA BANK LTD-SUB 4.62500% 10-10.02.20 | 1 100 000.00 | 1 109 317.00 | 0.20 |
| EUR | NATIONAL AUSTRALIA BANK LTD-REG-S 0.87500% 15-20.01.22 | 1 000 000.00 | 1 020 330.00 | 0.18 |
| EUR | NORDEA BANK ABP-REG-S 3.25000% 12-05.07.22 | 2 000 000.00 | 2 169 632.00 | 0.39 |
| EUR | NORDEA BANK ABP-SUB 4.50000% 10-26.03.20 | 1 000 000.00 | 1 014 020.00 | 0.18 |
| EUR | NORDEA BANK ABP-SUB 4.00000% 10-29.03.21 | 1 900 000.00 | 1 996 862.00 | 0.36 |
| EUR | OP CORPORATE BANK PLC-REG-S-SUB 5.75000% 12-28.02.22 | 1 700 000.00 | 1 905 502.80 | 0.35 |
| EUR | OP CORPORATE BANK PLC-REG-S 0.75000% 15-03.03.22 | 2 000 000.00 | 2 038 084.00 | 0.37 |
| EUR | OP CORPORATE BANK PLC-REG-S 0.87500% 16-21.06.21 | 900 000.00 | 913 869.00 | 0.17 |
| EUR | ORANGE 3.00000% 12-15.06.22 | 1 700 000.00 | 1 831 155.00 | 0.33 |
| EUR | ORANGE 3.87500% 10-14.01.21 | 4 300 000.00 | 4 494 102.00 | 0.81 |
| EUR | ORANGE SA 0.50000% 19-15.01.22 | 500 000.00 | 505 694.00 | 0.09 |
| EUR | RABOBANK NEDERLAND NV 4.75000% 07-06.06.22 | 7 200 000.00 | 8 081 856.00 | 1.46 |
| EUR | RABOBANK NEDERLAND NV-SUB 3.75000% 10-09.11.20 | 1 100 000.00 | 1 137 796.00 | 0.21 |
| EUR | RABOBANK NEDERLAND NV-REG-S-SUB 4.12500% 12-14.09.22 | 1 200 000.00 | 1 330 672.80 | 0.24 |
| EUR | RABOBANK NEDERLAND NV 2.37500% 13-22.05.23 | 4 900 000.00 | 5 303 426.80 | 0.96 |
| EUR | RCI BANQUE SA REG-S 1.25000% 15-08.06.22 | 1 300 000.00 | 1 328 314.00 | 0.24 |
| EUR | REPSOL INTERNATIONAL FINANCE BV-REG-S 3.62500% 13-07.10.21 | 5 600 000.00 | 5 982 704.00 | 1.08 |
| EUR | SANTANDER CONSUMER FINANCE SA-REG-S 1.00000% 16-26.05.21 | 2 000 000.00 | 2 032 400.00 | 0.37 |
| EUR | SCHAEFFLER AG-REG-S 1.12500% 19-26.03.22 | 1 000 000.00 | 1 017 544.00 | 0.18 |
| EUR | SKANDINAVISKA ENSKILDA BANKEN AB-REG-S 2.00000% 14-19.02.21 | 3 200 000.00 | 3 283 865.60 | 0.59 |
| EUR | SKANDINAVISKA ENSKILDA BANKEN AB-REG-S 0.75000% 16-24.08.21 | 3 300 000.00 | 3 347 223.00 | 0.61 |
| EUR | SKY PLC-REG-S 1.50000% 14-15.09.21 | 3 900 000.00 | 4 010 877.00 | 0.73 |
| EUR | SOCIETE GENERALE 4.75000% 11-02.03.21 | 3 000 000.00 | 3 184 638.00 | 0.58 |
| EUR | SOCIETE GENERALE-REG-S 0.25000% 18-18.01.22 | 4 900 000.00 | 4 930 478.00 | 0.89 |
| EUR | SOCIETE GENERALE-REG-S 1.25000% 19-15.02.24 | 2 100 000.00 | 2 168 157.60 | 0.39 |
| EUR | SOCIETE GENERALE-REG-S 0.75000% 15-25.11.20 | 1 000 000.00 | 1 009 724.00 | 0.18 |
| EUR | SOCIETE GENERALE-REG-S 0.75000% 16-19.02.21 | 3 700 000.00 | 3 741 921.00 | 0.68 |
| EUR | SVENSKA HANDELSBANKEN AB-REG-S 2.62500% 12-23.08.22 | 1 100 000.00 | 1 178 914.00 | 0.21 |
| EUR | SVENSKA HANDELSBANKEN AB-REG-S 0.25000% 17-28.02.22 | 1 000 000.00 | 1 007 426.00 | 0.18 |
| EUR | TELEFONICA EMISIONES SAU 3.98700% 13-23.01.23 | 1 500 000.00 | 1 683 705.00 | 0.30 |
| EUR | TELEFONICA EMISIONES SA-REG-S 2.24200% 14-27.05.22 | 2 000 000.00 | 2 109 820.00 | 0.38 |
| EUR | TELEFONICA EMISIONES SAU-REG-S 0.75000% 16-13.04.22 | 1 900 000.00 | 1 930 563.40 | 0.35 |
| EUR | UBS AG LONDON-REG-S 1.25000% 14-03.09.21 | 800 000.00 | 819 756.80 | 0.15 |
| EUR | UBS AG LONDON-REG-S 0.12500% 17-05.11.21 | 1 600 000.00 | 1 607 280.00 | 0.29 |
| EUR | UBS AG LONDON-REG-S 0.25000% 18-10.01.22 | 2 200 000.00 | 2 214 036.00 | 0.40 |
| EUR | UNIBAIL-RODAMCO SE-REG-S 0.12500% 18-14.05.21 | 1 000 000.00 | 1 002 860.00 | 0.18 |
| EUR | UNICREDITO ITALIANO SPA 1.00000% 18-18.01.23 | 6 900 000.00 | 6 961 362.39 | 1.26 |
| EUR | VEOLIA ENVIRONNEMENT 4.24700% 10-06.01.21 | 3 700 000.00 | 3 875 372.60 | 0.70 |
| EUR | VEOLIA ENVIRONNEMENT-REG-S 0.89200% 19-14.01.24 | 800 000.00 | 824 880.00 | 0.15 |
| EUR | VERIZON COMMUNICATIONS INC 2.37500% 14-17.02.22 | 1 500 000.00 | 1 579 524.00 | 0.29 |
| EUR | VOLKSWAGEN FINANCIAL SERVICES AG-REG-S 0.37500% 18-12.04.21 | 4 600 000.00 | 4 618 860.00 | 0.84 |
| EUR | VOLKSWAGEN FINANCIAL SERVICES AG-REG-S 0.62500% 19-01.04.22 | 1 000 000.00 | 1 009 182.00 | 0.18 |
| EUR | VOLKSWAGEN INTERNATIONAL FIN NV-REG-S 2.00000% 13-26.03.21 | 2 500 000.00 | 2 566 945.00 | 0.46 |
| Total EUR |  |  | 388 293 088.45 | 70.30 |
| Total Medium term notes, fixed rate |  | 388 293 088.45 | 70.30 |
| Medium term notes, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	SANOFI-REG-S 0.00000% 19-21.03.22 | 3 600 000.00 | 3 619 224.00 | 0.66 |
| EUR	SOCIETE GENERALE SA-REG-S 0.00000% 19-27.05.22 | 300 000.00 | 300 062.73 | 0.05 |
| Total EUR |  | 3 919 286.73 | 0.71 |
| Total Medium term notes, zero coupon |  | 3 919 286.73 | 0.71 |
| Medium term notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	ABN AMRO BANK NV-REG-S-SUB 2.875%/VAR 15-30.06.25 | 1 000 000.00 | 1 014 740.00 | 0.18 |
| EUR	ALLIANZ FINANCE II-SUB 5.750%/3M EURIBOR+334.9BP 11-08.07.41 | 1 700 000.00 | 1 852 418.60 | 0.34 |
| EUR	ALLIANZ SE-REG-S-SUB 4.750%/3M EURIBOR+360BP 13-PRP | 4 800 000.00 | 5 525 068.80 | 1.00 |
| EUR	BNP PARIBAS SA-REG-S-SUB 2.875%/VAR 14-20.03.26 | 2 000 000.00 | 2 068 016.00 | 0.37 |
| EUR	COMMONWEALTH BANK AUSRALIA-SUB-REG-S 2.000%/VAR 15-22.04.27 | 1 200 000.00 | 1 243 319.40 | 0.23 |
| EUR	DANONE SA-REG-S-SUB 1.750%/VAR 17-PRP | 7 200 000.00 | 7 318 944.00 | 1.33 |
| EUR	DANSKE BANK AS-REG-S-SUB 2.750%/VAR 14-19.05.26 | 500 000.00 | 515 779.00 | 0.09 |
| EUR	ELECTRICITE DE FRANCE SA-REG-S-SUB 4.250%/VAR 13-PRP | 3 200 000.00 | 3 217 344.00 | 0.58 |
| EUR	ENBW ENERGIE BADEN-WUERTT-REG-S-SUB 3.625%/VAR 14-02.04.76 | 2 900 000.00 | 3 014 226.07 | 0.55 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 4 300 000.00 | 4 563 375.00 | 0.83 |
| EUR	ING BANK NV-SUB 3.625%/VAR 14-25.02.26 | 4 000 000.00 | 4 167 680.00 | 0.75 |
| EUR	NORDEA BANK ABP-REG-S-SUB 1.000%/VAR 16-07.09.26 | 4 600 000.00 | 4 656 120.00 | 0.84 |
| EUR	SKANDINAVISKA ENSKILDA BANKEN AB-SUB 2.500%/VAR 14-28.05.26 | 1 400 000.00 | 1 442 151.20 | 0.26 |
| EUR	STANDARD CHARTERED-SUB 4.000%/VAR 13-21.10.25 | 2 000 000.00 | 2 062 580.00 | 0.37 |
| EUR	TOTAL SA-REG-S-SUB 2.250%/VAR 15-PRP | 7 500 000.00 | 7 656 750.00 | 1.39 |
| EUR	TOTAL SA-REG-S-SUB 3.875%/VAR 16-PRP | 2 000 000.00 | 2 158 000.00 | 0.39 |
| Total EUR |  | 52 476 512.07 | 9.50 |
| Total Medium term notes, floating rate |  | 52 476 512.07 | 9.50 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	AMERICA MOVIL SAB DE CV 3.00000% 12-12.07.21 | 2 100 000.00 | 2 199 093.75 | 0.40 |
| EUR	AT&T INC 1.45000% 14-01.06.22 | 1 300 000.00 | 1 339 715.00 | 0.24 |
| EUR	AT&T INC 2.65000% 13-17.12.21 | 4 900 000.00 | 5 130 398.00 | 0.93 |
| EUR	COCA-COLA CO/THE 0.12500% 19-22.09.22 | 4 700 000.00 | 4 733 088.00 | 0.86 |
| EUR	COCA-COLA EUROPEAN PARTNERS PLC-REG-S 0.75000% 16-24.02.22 | 4 000 000.00 | 4 065 328.00 | 0.73 |
| EUR	CREDIT SUISSE LONDON BRANCH-REG-S 1.37500% 14-31.01.22 | 4 000 000.00 | 4 125 040.00 | 0.75 |

UBS (Lux) Bond SICAV – Short Term EUR Corporates (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 | INTERNATIONAL BUSINESS MACHINES CORP 0.50000% 16-07.09.21 | 1 800 000.00 | 1 820 257.20 | 0.33 |
| EUR | INTERNATIONAL BUSINESS MACHINES CORP 0.37500% 19-31.01.23 | 1 900 000.00 | 1 922 420.00 | 0.35 |
| EUR | INTESA SANPAOLO SPA-REG-S 1.12500% 15-04.03.22 | 800 000.00 | 816 030.40 | 0.15 |
| EUR | MORGAN STANLEY 1.87500% 14-30.03.23 | 2 800 000.00 | 2 960 888.00 | 0.54 |
| EUR | ORIGIN ENERGY FINANCE LTD-REG-S 3.50000% 13-04.10.21 | 1 400 000.00 | 1 485 624.00 | 0.27 |
| EUR | SANTANDER CONSUMER FINANCE SA-REG-S 0.87500% 17-24.01.22 | 2 000 000.00 | 2 036 470.80 | 0.37 |
| EUR | SUMITOMO MITSUI BANKING CORP-REG-S 2.25000% 13-16.12.20 | 2 600 000.00 | 2 665 265.20 | 0.48 |
| EUR | TELSTRA CORP LTD 3.62500% 10-15.03.21 | 800 000.00 | 838 724.80 | 0.15 |
| EUR | VERIZON COMMUNICATIONS INC 1.62500% 14-01.03.24 | 2 300 000.00 | 2 448 396.00 | 0.44 |
| EUR | WINTERSHALL DEA FINANCE BV-REG-S 0.45200% 19-25.09.23 | 2 400 000.00 | 2 396 431.01 | 0.43 |
| Total EUR |  |  | 40 983 170.16 | 7.42 |
| Total Bonds, fixed rate |  | 40 983 170.16 | 7.42 |
| Bonds, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AXA SA-SUB 5.250%/3MO EURIBOR+305BP 10-16.04.40 | 5 600 000.00 | 5 703 712.00 | 1.03 |
| EUR	BANCO BILBALO VIZCAYA ARGENT-REG-S-SUB 8.875%/VAR 16-PRP | 1 000 000.00 | 1 098 750.00 | 0.20 |
| EUR	BHP BILLITON FINANCE LTD-REG-S-SUB 4.750%/VAR 15-22.04.76 | 7 000 000.00 | 7 417 494.00 | 1.34 |
| EUR	BNP PARIBAS SA-REG-S-SUB 6.125%/VAR 15-PRP | 1 100 000.00 | 1 223 871.00 | 0.22 |
| EUR	BPCE SA-REG-S-SUB 2.750%/VAR 14-08.07.26 | 3 500 000.00 | 3 636 843.00 | 0.66 |
| EUR	DEUTSCHE BAHN FINANCE GMBH-REG-S-SUB 0.950%/VAR 19-PRP | 1 100 000.00 | 1 104 758.60 | 0.20 |
| EUR	ENGIE SA-REG-S-SUB 1.375%/VAR 18-PRP | 2 400 000.00 | 2 411 112.00 | 0.44 |
| EUR	MERCK KGAA-REG-S-SUB 2.625%/VAR 14-12.12.74 | 3 000 000.00 | 3 100 725.00 | 0.56 |
| EUR	ORANGE SA-REG-S-SUB 4.250%/VAR 14-PRP | 2 500 000.00 | 2 515 750.00 | 0.46 |
| EUR	RABOBANK NEDERLAND NV-REG-S-SUB 2.500%/VAR 14-26.05.26 | 3 200 000.00 | 3 305 049.92 | 0.60 |
| EUR	TELEFONICA EUROPE BV-REG-S-SUB 3.750%/VAR 16-PRP | 2 100 000.00 | 2 213 635.20 | 0.40 |
| EUR	UBS GROUP AG-REG-S-SUB 5.750%/VAR 15-PRP | 2 500 000.00 | 2 725 250.00 | 0.49 |
| EUR	VOLKSWAGEN INTERNATIONAL FIN NV-REG-S-SUB 2.500%/VAR 15-PRP | 2 900 000.00 | 2 972 500.00 | 0.54 |
| EUR	VOLKSWAGEN INTL FINANCE NV-SUB 3.750%/VAR 14-PRP | 6 400 000.00 | 6 638 912.00 | 1.20 |
| Total EUR |  | 46 068 362.72 | 8.34 |
| Total Bonds, floating rate |  | 46 068 362.72 | 8.34 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 533 862 573.13 | 96.65 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Medium term notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	CREDIT AGRICOLE SA LONDON-REG-S 0.87500% 15-19.01.22 | 6 400 000.00 | 6 535 641.60 | 1.18 |
| EUR	PHILIP MORRIS INTERNATIONAL INC 1.87500% 14-03.03.21 | 1 000 000.00 | 1 023 392.30 | 0.19 |
| Total EUR |  | 7 559 033.90 | 1.37 |
| Total Medium term notes, fixed rate |  | 7 559 033.90 | 1.37 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 7 559 033.90 | 1.37 |
| Total investments in securities |  | 541 421 607.03 | 98.02 |
| Forward Foreign Exchange contracts |  |  |  |
| Forward Foreign Exchange contracts (Purchase/Sale) |  |  |  |

| CHF | 190 188 900.00 | EUR | 172 574 387.58 | 3.12.2019 | 29 097.98 | 0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 14 726 300.00 | EUR | 13 219 060.12 | 3.12.2019 | 136 916.66 | 0.02 |
| CHF | 676 100.00 | EUR | 615 004.25 | 3.12.2019 | -1 418.41 | 0.00 |
| USD | 68 400.00 | EUR | 62 087.73 | 3.12.2019 | -52.54 | 0.00 |
| USD | 29 800.00 | EUR | 26 875.42 | 3.12.2019 | 151.61 | 0.00 |
| EUR | 134 262.42 | USD | 148 500.00 | 3.12.2019 | -419.24 | 0.00 |
| USD | 14 676 000.00 | EUR | 13 296 845.83 | 7.1.2020 | -23 871.94 | 0.00 |
| CHF | 190 865 000.00 | EUR | 173 598 936.57 | 7.1.2020 | -305 092.48 | -0.06 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -164 688.36 | -0.03 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 5 361 247.41 | 0.97 |
| Other assets and liabilities | 5 732 480.92 | 1.04 |
| Total net assets | 552 350 647.00 | 100.00 |

UBS (Lux) Bond SICAV – Short Term EUR Corporates (EUR) Semi-Annual Report as of 30 November 2019

Translation (ENDE, 2019-11-30):
# UBS (Lux) Bond SICAV
– Asian Investment Grade Bonds (USD)
| Wichtigste Daten |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Nettovermögen in USD |  | 45 464 089.59 | 44 893 595.89 | 45 697 284.92 |
| Klasse I-B-acc | LU1377678567 |  |  |  |
| Aktien im Umlauf |  | 20 000.0000 | 20 000.0000 | 20 000.0000 |
| Nettoinventarwert pro Aktie in USD |  | 117.93 | 112.65 | 103.47 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 117.93 | 112.65 | 103.47 |
| Klasse U-X-acc | LU1377216947 |  |  |  |
| Aktien im Umlauf |  | 3 646.0000 | 3 777.0000 | 4 210.0000 |
| Nettoinventarwert pro Aktie in USD |  | 11 822.69 | 11 289.55 | 10 362.92 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 11 822.69 | 11 289.55 | 10 362.92 |
| 1  Siehe Erläuterung 1 |  |  |  |  |


## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Britische Jungferninseln | 16.36 |
| --- | --- |
| Hongkong | 15.38 |
| Vereinigte Staaten | 12.66 |
| Südkorea | 12.02 |
| Singapur | 10.30 |
| Indonesien | 8.68 |
| Cayman-Inseln | 8.31 |
| China | 7.94 |
| Indien | 2.47 |
| Kanada | 1.61 |
| Macau | 1.10 |
| Japan | 1.00 |
| Niederlande | 0.45 |
| Mexiko | 0.45 |
| Total | 98.73 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Finanz- & Beteiligungsgesellschaften | 37.18 |
| --- | --- |
| Länder- & Zentralregierungen | 19.01 |
| Banken & Kreditinstitute | 16.71 |
| Energie- & Wasserversorgung | 4.18 |
| Erdöl | 4.15 |
| Immobilien | 4.14 |
| Diverse Dienstleistungen | 2.63 |
| Telekommunikation | 2.51 |
| Elektronik & Halbleiter | 1.45 |
| Maschinen & Apparate | 1.27 |
| Öffentlich-rechtliche Körperschaften | 1.09 |
| Anlagefonds | 1.07 |
| Bergbau, Kohle & Stahl | 1.00 |
| Chemie | 0.87 |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 0.53 |
| Städte, Gemeinden | 0.47 |
| Grafisches Gewerbe, Verlage & Medien | 0.47 |
| Total | 98.73 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds (USD)
Halbjahresbericht per 30. November 2019

## Nettovermögensaufstellung
Aktiva	30.11.2019
USD
Wertpapierbestand, Einstandswert	43 632 763.90
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	1 255 919.47	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 44 888 683.37 |
| Bankguthaben, Sicht- und Fristgelder | 387 982.53 |
| Andere liquide Mittel (Margins) | 14 887.48 |
| Forderungen aus Wertpapierverkäufen (Erläuterung 1) | 1 496 235.70 |
| Zinsforderungen aus Wertpapieren | 346 029.53 |
| Sonstige Forderungen | 7 402.28 |
| Nicht realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten (Erläuterung 1) | 343.74 |
| Total Aktiva | 47 141 564.63 |
|  |  |
| Passiva |  |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -1 674 115.00 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -58.58 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -741.27 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-2 560.19	 |
| Total Rückstellungen für Aufwendungen | -3 360.04 |
| Total Passiva | -1 677 475.04 |
|  |  |
| Nettovermögen am Ende der Berichtsperiode | 45 464 089.59 |
| Ertrags- und Aufwandsrechnung | USD |
| Erträge | 1.6.2019-30.11.2019 |
| Zinsertrag auf liquide Mittel | 3 800.10 |
| Zinsen auf Wertpapiere | 758 752.61 |
| Zinsertrag auf Swaps (Erläuterung 1) | 3 888.88 |
| Erträge aus Securities Lending (Erläuterung 13) | 12 181.38 |
| Sonstige Erträge (Erläuterung 4) | 1 010.88 |
| Total Erträge | 779 633.85 |
|  |  |
| Aufwendungen |  |
| Zinsaufwand auf Swaps (Erläuterung 1) | -10 222.22 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -750.29 |
| Abonnementsabgabe (Erläuterung 3) | -2 214.85 |
| Kosten aus Securities Lending (Erläuterung 13) | -4 872.55 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -2 584.41 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -270.33 |
| Total Aufwendungen | -20 914.65 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | 758 719.20 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | 1 207 163.43 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | 77 392.97 |
| Realisierter Kursgewinn (-verlust) aus Swaps | -109 105.34 |
| Realisierter Währungsgewinn (-verlust) | -57.58 |
| Total der realisierten Gewinne (Verluste) | 1 175 393.48 |
|  |  |
| Realisierter Nettogewinn (-verlust) der Berichtsperiode | 1 934 112.68 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | 54 654.93 |
| Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten | 29 398.41 |
| Nicht realisierte Werterhöhung (-minderung) von Swaps | 68 094.60 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 152 147.94 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 2 086 260.62 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds (USD) Halbjahresbericht per 30. November 2019
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-30.11.2019 |
| Nettovermögen zu Beginn der Berichtsperiode | 44 893 595.89 |
| Zeichnungen | 1 587 882.71 |
| Rücknahmen | 	-3 103 649.63	 |
| Total Mittelzufluss (-abfluss) | -1 515 766.92 |
| Nettoerträge (-verluste) aus Anlagen | 758 719.20 |
| Total der realisierten Gewinne (Verluste) | 1 175 393.48 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	152 147.94	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 2 086 260.62 |
| Nettovermögen am Ende der Berichtsperiode | 45 464 089.59 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2019-30.11.2019 |
| Klasse | I-B-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 20 000.0000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 20 000.0000 |
| Klasse | U-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 3 777.0000 |
| Anzahl der ausgegebenen Aktien | 136.0000 |
| Anzahl der zurückgegebenen Aktien | -267.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 3 646.0000 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds (USD)
Halbjahresbericht per 30. November 2019

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	BHARTI AIRTEL LTD-REG-S 4.37500% 15-10.06.25 | 250 000.00 | 251 312.50 | 0.55 |
| USD	CK HUTCHISON INTERNATIONAL 16 LTD-REG-S 2.75000% 16-03.10.26 | 400 000.00 | 398 875.00 | 0.88 |
| USD	CNAC HK FINBRIDGE CO LTD-REG-S 5.12500% 18-14.03.28 | 350 000.00 | 393 750.00 | 0.87 |
| USD	CNPC GENERAL CAPITAL LTD-REG-S 3.40000% 13-16.04.23 | 200 000.00 | 205 500.00 | 0.45 |
| USD	EXPORT-IMPORT BANK OF KOREA 3.25000% 14-12.08.26 | 1 000 000.00 | 1 056 875.00 | 2.33 |
| USD	EXPORT-IMPORT BANK OF KOREA 2.50000% 15-10.05.21 | 250 000.00 | 251 328.13 | 0.55 |
| USD	EXPORT-IMPORT BANK OF KOREA 2.75000% 17-25.01.22 | 300 000.00 | 304 593.75 | 0.67 |
| USD	EXPORT-IMPORT BANK OF CHINA-REG-S 2.87500% 16-26.04.26 | 200 000.00 | 203 750.00 | 0.45 |
| USD	FRANSHION BRILLIANT LTD-REG-S 4.25000% 19-23.07.29 | 650 000.00 | 651 911.72 | 1.44 |
| USD	HARVEST OPERATIONS CORP-REG-S 3.00000% 17-21.09.22 | 300 000.00 | 306 375.00 | 0.67 |
| USD	HARVEST OPERATIONS CORP-REG-S 4.20000% 18-01.06.23 | 400 000.00 | 424 474.76 | 0.93 |
| USD	HUTCHINSON WHAMPOA INTL 11 LTSD-REG-S 4.62500% 12-13.01.22 | 500 000.00 | 521 823.70 | 1.15 |
| USD	HUTCHISON WHAMPOA INTL 12 II LTD-REG-S 3.25000% 12-08.11.22 | 550 000.00 | 561 341.00 | 1.24 |
| USD	INDONESIA, REPUBLIC OF-REG-S 5.25000% 12-17.01.42 | 200 000.00 | 239 062.50 | 0.53 |
| USD	KOREA EAST-WEST POWER CO LTD-REG-S 3.87500% 18-19.07.23 | 375 000.00 | 395 273.43 | 0.87 |
| USD	KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.00000% 12-19.09.22 | 450 000.00 | 459 562.50 | 1.01 |
| USD	KOREA NATIONAL OIL CORP-REG-S 2.12500% 16-14.04.21 | 300 000.00 | 300 281.25 | 0.66 |
| USD	KT CORP-REG-S 2.50000% 16-18.07.26 | 200 000.00 | 197 250.00 | 0.43 |
| USD	LLPL CAPITAL PTE LTD-REG-S 6.87500% 19-04.02.39 | 200 000.00 | 228 521.25 | 0.50 |
| USD	ONGC VIDESH VANKORNEFT PTE LTD-REG-S 3.75000% 16-27.07.26 | 200 000.00 | 206 000.00 | 0.45 |
| USD	SUMITOMO MITSUI FIN GP INC-SUB 3.20200% 19-17.09.29 | 450 000.00 | 456 327.00 | 1.00 |
| Total USD |  | 8 014 188.49 | 17.63 |
| Total Notes, fester Zins |  | 8 014 188.49 | 17.63 |
| Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	IND & COM BK CHINA MACAU-REG-S-SUB 2.875%/VAR 19-12.09.29 | 300 000.00 | 296 961.45 | 0.65 |
| Total USD |  | 296 961.45 | 0.65 |
| Total Notes, variabler Zins |  | 296 961.45 | 0.65 |
| Medium-Term Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AIRPORT AUTHORITY HONG KONG-REG-S 3.45000% 19-21.02.29 | 200 000.00 | 214 223.48 | 0.47 |
| USD	AZURE ORBIT IV INTL FIN LTD-REG-S 3.50000% 18-25.01.21 | 500 000.00 | 502 769.75 | 1.11 |
| USD	BANK OF CHINA LTD/MACAU-REG-S 2.87500% 17-20.04.22 | 200 000.00 | 202 312.50 | 0.44 |
| USD	BANK OF CHINA/HONG KONG-REG-S 2.37500% 16-01.03.21 | 450 000.00 | 450 000.00 | 0.99 |
| USD	BANK OF CHINA/HONG KONG-REG-S 3.62500% 19-17.04.29 | 400 000.00 | 421 625.00 | 0.93 |
| USD	BOC AVIATION LTD-REG-S 3.50000% 19-10.10.24 | 1 300 000.00 | 1 339 687.31 | 2.95 |
| USD	BOCOM LEASING MGT HONG KONG-REG-S 4.37500% 19-22.01.24 | 500 000.00 | 526 718.75 | 1.16 |
| USD	CDBL FUNDING 2-REG-S 2.62500% 17-01.08.20 | 275 000.00 | 274 579.25 | 0.60 |
| USD	CHARMING LIGHT INVESTMENTS LTD-REG-S 4.37500% 17-21.12.27 | 200 000.00 | 214 437.50 | 0.47 |
| USD	CHINA DEVELOPMENT BANK-REG-S 3.00000% 16-01.06.26 | 200 000.00 | 204 687.50 | 0.45 |
| USD	CITIC LTD-REG-S 4.00000% 18-11.01.28 | 500 000.00 | 528 125.00 | 1.16 |
| USD	HUARONG FINANCE 2017 CO-REG-S 4.25000% 17-07.11.27 | 250 000.00 | 260 859.37 | 0.57 |
| USD	HUARONG FINANCE-REG-S 3.75000% 19-29.05.24 | 2 000 000.00 | 2 039 375.00 | 4.49 |
| USD	ICBCIL FINANCE CO LTD-REG-S 2.75000% 16-19.05.21 | 300 000.00 | 300 375.00 | 0.66 |
| USD	ICBCIL FINANCE CO LTD-REG-S 3.62500% 16-19.05.26 | 250 000.00 | 258 046.87 | 0.57 |
| USD	INDONESIA, REPUBLIC OF-REG-S 3.85000% 17-18.07.27 | 1 800 000.00 | 1 910 812.50 | 4.20 |
| USD	INDONESIA, REPUBLIC OF-REG-S 4.75000% 17-18.07.47 | 350 000.00 | 400 640.63 | 0.88 |
| USD	KOOKMIN BANK-REG-S 3.62500% 18-23.10.21 | 300 000.00 | 307 312.50 | 0.68 |
| USD	KOREA GAS CORP-REG-S 1.87500% 16-18.07.21 | 350 000.00 | 348 140.63 | 0.76 |
| USD	KOREA HOUSING FINANCE CORP-REG-S 2.00000% 16-11.10.21 | 500 000.00 | 494 950.00 | 1.09 |
| USD	NAN FUNG TREASURY LTD-REG-S 3.87500% 17-03.10.27 | 1 000 000.00 | 993 846.55 | 2.19 |
| USD	OVERSEA-CHINESE BANKING CORP-REG-S-SUB 4.25000% 14-19.06.24 | 200 000.00 | 212 625.00 | 0.47 |
| USD	PERTAMINA PT-REG-S 6.50000% 18-07.11.48 | 325 000.00 | 423 617.19 | 0.93 |
| USD	PERUSAHAAN LISTRIK NEGARA PT-REG-S 4.37500% 19-05.02.50 | 525 000.00 | 525 000.00 | 1.15 |
| USD	PSA TREASURY PTE LTD-REG-S 2.12500% 19-05.09.29 | 500 000.00 | 484 619.01 | 1.07 |
| USD	SIAM COMMERCIAL BK CAYMAN ISLAND-REG-S 2.75000% 17-16.05.23 | 525 000.00 | 527 798.25 | 1.16 |
| USD	SIAM COMMERCIAL BK CAYMAN ISLAND-REG-S 4.40000% 19-11.02.29 | 375 000.00 | 418 007.81 | 0.92 |
| USD	SINGTEL GROUP TREASURY PTE LTD-REG-S 3.25000% 15-30.06.25 | 200 000.00 | 209 162.44 | 0.46 |
| USD	SINGTEL GROUP TREASURY PTE LTD-REG-S 3.87500% 18-28.08.28 | 350 000.00 | 383 645.75 | 0.84 |
| USD	SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 200 000.00 | 210 164.00 | 0.46 |
| USD	STATE ELITE GLOBAL LTD-REG-S 2.25000% 16-20.10.21 | 200 000.00 | 199 250.00 | 0.44 |
| USD	STATE ELITE GLOBAL LTD-REG-S 2.75000% 17-13.06.22 | 825 000.00 | 828 935.25 | 1.82 |
| USD	STATE GRID OVERSEAS INVESTMENT-REG-S 3.50000% 17-04.05.27 | 700 000.00 | 739 812.50 | 1.63 |
| USD	STATE GRID OVERSEAS INVESTMENT-REG-S 4.25000% 18-02.05.28 | 1 000 000.00 | 1 118 125.00 | 2.46 |
| USD	SUN HUNG KAI PROPERTIES LTD-REG-S 4.50000% 12-14.02.22 | 200 000.00 | 208 034.00 | 0.46 |
| USD	TEMASEK FINANCIAL I LTD-REG-S 3.62500% 18-01.08.28 | 250 000.00 | 276 410.00 | 0.61 |
| USD	TENCENT HOLDINGS LTD-REG-S 3.92500% 18-19.01.38 | 200 000.00 | 212 937.50 | 0.47 |
| Total USD |  | 19 171 668.79 | 42.17 |
| Total Medium-Term Notes, fester Zins |  | 19 171 668.79 | 42.17 |
| Medium-Term Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	DBS GROUP HOLDINGS LTD-REG-S-SUB 4.520%/VAR 18-11.12.28 | 200 000.00 | 212 334.00 | 0.47 |
| USD	SHINHAN FIN GROUP CO LTD-REG-S-SUB 3.340%/VAR 19-05.02.30 | 525 000.00 | 533 279.25 | 1.17 |
| USD	UNITED OVERSEAS BANK LTD-REG-S-SUB 3.750%/VAR 19-15.04.29 | 400 000.00 | 414 096.00 | 0.91 |
| USD	UNITED OVERSEAS BANK LTD-REG-S-SUB 3.875%/VAR 17-PRP | 500 000.00 | 505 591.35 | 1.11 |
| USD	WING LUNG BANK LTD-REG-S-SUB 3.750%/H15T5Y+175BP 17-22.11.27 | 500 000.00 | 501 155.75 | 1.10 |
| Total USD |  | 2 166 456.35 | 4.76 |
| Total Medium-Term Notes, variabler Zins |  | 2 166 456.35 | 4.76 |
| UBS (Lux) Bond SICAV – Asian Investment Grade Bonds (USD) Halbjahresbericht per 30. November 2019 |  |  |  |

| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	BANK RAKYAT INDONESIA-REG-S 3.95000% 19-28.03.24 | 200 000.00 | 208 437.50 | 0.46 |
| USD	BLUESTAR FINANCE HOLDINGS LTD-REG-S 3.50000% 16-30.09.21 | 200 000.00 | 201 812.50 | 0.44 |
| USD	CENTRAL PLAZA DEVELOPMENT LTD-REG-S 3.87500% 17-30.01.21 | 575 000.00 | 577 300.00 | 1.27 |
| USD	CHINA CLEAN ENERGY DEVELOPMENT-REG-S 4.00000% 15-05.11.25 | 600 000.00 | 631 875.00 | 1.39 |
| USD	CHINA CONSTRUCTION BANK CORP-REG-S-SUB 4.25000% 19-27.02.29 | 450 000.00 | 472 921.88 | 1.04 |
| USD	CHINA HUADIAN OVERSEAS DEVP18 LTD-REG-S 3.87500% 18-17.05.23 | 250 000.00 | 259 550.00 | 0.57 |
| USD	CHINA, PEOPLE’S REPUBLIC OF-REG-S 2.75000% 19-03.12.39 | 900 000.00 | 873 783.00 | 1.92 |
| USD	CMHI FINANCE BVI CO LTD-REG-S 5.00000% 18-06.08.28 | 500 000.00 | 565 775.00 | 1.24 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 6.15000% 19-17.09.25 | 375 000.00 | 390 937.50 | 0.86 |
| USD	HINDUSTAN PETROLEUM CORP LTD-REG-S 4.00000% 17-12.07.27 | 220 000.00 | 225 362.50 | 0.50 |
| USD	HKT CAPITAL NO 5 LTD-REG-S 3.25000% 19-30.09.29 | 700 000.00 | 694 252.00 | 1.53 |
| USD	LONGFOR GROUP HOLDINGS LTD-REG-S 3.95000% 19-16.09.29 | 475 000.00 | 475 000.00 | 1.04 |
| USD	LONGFOR PROPERTIES CO LTD-REG-S 4.50000% 18-16.01.28 | 350 000.00 | 364 109.38 | 0.80 |
| USD	MINEJESA CAPITAL BV-REG-S 4.62500% 17-10.08.30 | 200 000.00 | 205 187.50 | 0.45 |
| USD	MINERA Y METALURGICA DEL BOLEO-REG-S 3.25000% 19-17.04.24 | 200 000.00 | 204 250.00 | 0.45 |
| USD	NONGHYUP BANK-REG-S 2.87500% 17-17.07.22 | 200 000.00 | 203 062.50 | 0.45 |
| USD	NWD MTN LTD-REG-S 4.12500% 19-18.07.29 | 525 000.00 | 520 897.19 | 1.15 |
| USD	PERUSAHAAN PENERBIT SBSN-REG-S 4.15000% 17-29.03.27 | 225 000.00 | 241 031.25 | 0.53 |
| USD	POWER FINANCE CORP LTD-REG-S 3.90000% 19-16.09.29 | 650 000.00 | 645 125.00 | 1.42 |
| USD	SK HYNIX INC-REG-S 3.00000% 19-17.09.24 | 400 000.00 | 399 736.80 | 0.88 |
| USD	WOORI BANK-REG-S-SUB 4.75000% 14-30.04.24 | 200 000.00 | 214 375.00 | 0.47 |
| Total USD |  | 8 574 781.50 | 18.86 |
| Total Anleihen, fester Zins |  | 8 574 781.50 | 18.86 |
| Anleihen, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	CHALCO HONG KONG INVESTMENT CO-REG-S 4.250%/VAR 16-PRP | 250 000.00 | 252 968.75 | 0.56 |
| USD	CHINA MINMETALS CORP-REG-S 3.750%/VAR 17-PRP | 250 000.00 | 251 328.12 | 0.55 |
| Total USD |  | 504 296.87 | 1.11 |
| Total Anleihen, variabler Zins |  | 504 296.87 | 1.11 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.37500% 18-15.11.48 | 1 207 000.00 | 1 510 211.56 | 3.32 |
| USD	AMERICA, UNITED STATES OF 2.87500% 19-15.05.49 | 422 000.00 | 483 091.09 | 1.06 |
| USD	AMERICA, UNITED STATES OF 2.25000% 19-30.04.24 | 1 100 000.00 | 1 128 917.90 | 2.49 |
| USD	AMERICA, UNITED STATES OF 1.75000% 19-31.07.21 | 300 000.00 | 300 398.43 | 0.66 |
| USD	AMERICA, UNITED STATES OF 1.50000% 19-30.09.21 | 1 800 000.00 | 1 795 429.69 | 3.95 |
| Total USD |  | 5 218 048.67 | 11.48 |
| Total Treasury-Notes, fester Zins | 5 218 048.67 | 11.48 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 43 946 402.12 | 96.66 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	INDUSTRIAL & COMMERCIAL BANK OF CN/NY 2.45200% 16-20.10.21	275 000.00 | 274 484.38 | 0.60 |
| USD	INDUSTRIAL & COMMERCIAL BANK OF CN/NY 3.53800% 17-08.11.27	250 000.00 | 261 171.87 | 0.58 |
| Total USD | 535 656.25 | 1.18 |
| Total Notes, fester Zins | 535 656.25 | 1.18 |
| Anleihen, fester Zins |  |  |
| USD |  |  |
| USD	CNOOC FINANCE 2013 LTD 3.00000% 13-09.05.23	400 000.00 | 406 625.00 | 0.89 |
| Total USD | 406 625.00 | 0.89 |
| Total Anleihen, fester Zins | 406 625.00 | 0.89 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden | 942 281.25 | 2.07 |
| Total des Wertpapierbestandes | 44 888 683.37 | 98.73 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds (USD)
Halbjahresbericht per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Derivative Instrumente |  |  |  |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Finanzterminkontrakte auf Anleihen |  |  |  |
|  |  |  |  |
| USD	US ULTRA LONG BOND (CBT) FUTURE 20.03.20 | -4.00 | 2 375.00 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 31.03.20 | 20.00 | -1 093.76 | 0.00 |
| USD	US 10YR TREASURY NOTE FUTURE 20.03.20 | 4.00 | -937.50 | 0.00 |
| Total Finanzterminkontrakte auf Anleihen |  | 343.74 | 0.00 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  | 343.74 | 0.00 |
| Total Derivative Instrumente |  | 343.74 | 0.00 |
|  |  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel |  | 402 870.01 | 0.89 |
| Andere Aktiva und Passiva |  | 172 192.47 | 0.38 |
| Total des Nettovermögens |  | 45 464 089.59 | 100.00 |

UBS (Lux) Bond SICAV – Asian Investment Grade Bonds (USD) Halbjahresbericht per 30. November 2019