# UBS (Lux) Strategy SICAV – Fixed Income (CHF)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Net assets in CHF |  | 38 045 907.33 | 40 909 724.07 | 48 358 184.06 |
| Class P-acc | LU0042743699 |  |  |  |
| Shares outstanding |  | 239 139.7680 | 257 932.2250 | 305 392.1870 |
| Net asset value per share in CHF |  | 152.03 | 151.58 | 150.55 |
| Issue and redemption price per share in CHF 1 |  | 152.03 | 151.58 | 150.32 |
| Class Q-acc | LU1240800612 |  |  |  |
| Shares outstanding |  | 16 618.3020 | 17 919.7580 | 23 802.2670 |
| Net asset value per share in CHF |  | 101.70 | 101.18 | 100.06 |
| Issue and redemption price per share in CHF 1 |  | 101.70 | 101.18 | 99.91 |
| 1  See note 1 |  |  |  |  |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Semi-Annual Report as of 30 November 2019

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| Luxembourg | 41.09 |
| --- | --- |
| United States | 15.55 |
| Switzerland | 9.45 |
| Germany | 6.98 |
| France | 4.03 |
| The Netherlands | 3.53 |
| South Korea | 3.48 |
| Supranationals | 2.99 |
| Australia | 1.79 |
| United Kingdom | 1.51 |
| Canada | 1.23 |
| Spain | 1.14 |
| Mexico | 1.04 |
| New Zealand | 0.81 |
| Austria | 0.57 |
| Denmark | 0.53 |
| Bermuda | 0.53 |
| Cayman Islands | 0.45 |
| Honduras | 0.40 |
| Norway | 0.40 |
| Chile | 0.40 |
| Philippines | 0.21 |
| United Arab Emirates | 0.20 |
| Kazakhstan | 0.11 |
| Total | 98.42 |

Economic Breakdown as a % of net assets	
| Investment funds | 38.43 |
| --- | --- |
| Banks & credit institutions | 19.54 |
| Countries & central governments | 14.02 |
| Finance & holding companies | 7.85 |
| Supranational organisations | 5.59 |
| Mortgage & funding institutions | 3.99 |
| Petroleum | 2.39 |
| Cantons, federal states | 1.23 |
| Computer hardware & network equipment providers | 1.23 |
| Food & soft drinks | 1.08 |
| Public, non-profit institutions | 0.82 |
| Miscellaneous services | 0.80 |
| Insurance | 0.79 |
| Cities & municipal authorities | 0.28 |
| Telecommunications | 0.27 |
| Traffic & transportation | 0.11 |
| Total | 98.42 |


## Statement of Net Assets
Assets	30.11.2019
CHF
Investments in securities, cost	35 649 935.66
| Investments in securities, unrealized appreciation (depreciation) | 	1 795 033.24	 |
| --- | --- |
| Total investments in securities (Note 1) | 37 444 968.90 |
| Cash at banks, deposits on demand and deposit accounts | 740 210.13 |
| Interest receivable on securities | 112 926.36 |
| Other receivables | 17 209.21 |
| Unrealized gain (loss) on forward foreign exchange contracts (Note 1) | -96 909.26 |
| Total Assets | 38 218 405.34 |
|  |  |
| Liabilities |  |
| Payable on securities purchases (Note 1) | -151 009.50 |
| Provisions for flat fee (Note 2) | -15 484.48 |
| Provisions for taxe d’abonnement (Note 3) | -1 909.69 |
| Provisions for other commissions and fees (Note 2) | 	-4 094.34	 |
| Total provisions | -21 488.51 |
| Total Liabilities | -172 498.01 |
|  |  |
| Net assets at the end of the period | 38 045 907.33 |
| Statement of Operations | CHF |
| Income | 1.6.2019-30.11.2019 |
| Interest on liquid assets | 911.57 |
| Interest on securities | 139 757.83 |
| Interest received on swaps (Note 1) | 7 907.12 |
| Dividends | 41 170.67 |
| Income on securities lending (Note 12) | 3 340.82 |
| Other income (Note 4) | 3 271.54 |
| Total income | 196 359.55 |
|  |  |
| Expenses |  |
| Interest paid on swaps (Note 1) | -131.47 |
| Cost on securities lending (Note 12) | -1 336.33 |
| Flat fee (Note 2) | -210 002.87 |
| Taxe d’abonnement (Note 3) | -6 113.42 |
| Other commissions and fees (Note 2) | -4 081.76 |
| Interest on cash and bank overdraft | -111.28 |
| Total expenses | -221 777.13 |
|  |  |
| Net income (loss) on investments | -25 417.58 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 253 781.26 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | -3 883.72 |
| Realized gain (loss) on financial futures | -4 349.64 |
| Realized gain (loss) on forward foreign exchange contracts | -48 450.34 |
| Realized gain (loss) on swaps | 32 210.34 |
| Realized gain (loss) on foreign exchange | -84 370.01 |
| Total realized gain (loss) | 144 937.89 |
|  |  |
| Net realized gain (loss) of the period | 119 520.31 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 76 059.19 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | 550.92 |
| Unrealized appreciation (depreciation) on financial futures | 2 685.37 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -49 307.01 |
| Unrealized appreciation (depreciation) on swaps | -19 522.36 |
| Total changes in unrealized appreciation (depreciation) | 10 466.11 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 129 986.42 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Semi-Annual Report as of 30 November 2019
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | CHF |
|  | 1.6.2019-30.11.2019 |
| Net assets at the beginning of the period | 40 909 724.07 |
| Subscriptions | 21 136.71 |
| Redemptions | 	-3 014 939.87	 |
| Total net subscriptions (redemptions) | -2 993 803.16 |
| Net income (loss) on investments | -25 417.58 |
| Total realized gain (loss) | 144 937.89 |
| Total changes in unrealized appreciation (depreciation) | 	10 466.11	 |
| Net increase (decrease) in net assets as a result of operations | 129 986.42 |
| Net assets at the end of the period | 38 045 907.33 |
| 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 | 257 932.2250 |
| Number of shares issued | 31.5940 |
| Number of shares redeemed | -18 824.0510 |
| Number of shares outstanding at the end of the period | 239 139.7680 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the period | 17 919.7580 |
| Number of shares issued | 160.0000 |
| Number of shares redeemed | -1 461.4560 |
| Number of shares outstanding at the end of the period | 16 618.3020 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) 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 CHF | 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 |  |  |  |
| CHF |  |  |  |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT 1.50000% 13-04.02.20 | 150 000.00 | 150 555.00 | 0.40 |
| CHF	EUROPEAN INVESTMENT BANK 1.62500% 11-23.11.23 | 200 000.00 | 218 400.00 | 0.57 |
| CHF	EUROPEAN INVESTMENT BANK 1.62500% 14-04.02.25 | 200 000.00 | 223 700.00 | 0.59 |
| Total CHF |  | 592 655.00 | 1.56 |
| Total Notes, fixed rate |  | 592 655.00 | 1.56 |
| Medium term notes, fixed rate |  |  |  |
| CHF |  |  |  |
| CHF	ABN AMRO BANK NV 2.62500% 11-27.04.21 | 100 000.00 | 104 580.00 | 0.27 |
| CHF	ADCB FINANCE CAYMAN LTD-REG-S 0.37500% 18-23.01.23 | 100 000.00 | 100 250.00 | 0.26 |
| CHF	ADCB FINANCE CAYMAN LTD 0.72500% 18-15.02.24 | 70 000.00 | 71 006.25 | 0.19 |
| CHF	AGENCE FRANCAISE DE DEVELOPPEMENT 2.62500% 10-18.02.25 | 200 000.00 | 233 300.00 | 0.61 |
| CHF	AMP GROUP FINANCE SERVICES LTD-REG-S 0.75000% 18-19.12.22 | 100 000.00 | 101 350.00 | 0.27 |
| CHF	AMP GROUP FINANCE SERVICES LTD-REG-S 0.80000% 19-18.07.23 | 100 000.00 | 101 400.00 | 0.27 |
| CHF	AUCKLAND COUNCIL 1.12500% 13-07.02.24 | 100 000.00 | 107 050.00 | 0.28 |
| CHF	BANCO DE CREDITO E INVERSIONES-REG-S 0.40000% 19-22.11.24 | 50 000.00 | 50 609.37 | 0.13 |
| CHF	BANCO SANTANDER CHILE-REG-S 0.38400% 19-27.09.24 | 100 000.00 | 100 950.00 | 0.27 |
| CHF	BANK NEDERLANDSE GEMEENTEN NV 1.25000% 14-30.04.24 | 200 000.00 | 216 900.00 | 0.57 |
| CHF	BANK OF NOVA SCOTIA-REG-S 0.20000% 18-19.11.25 | 150 000.00 | 155 625.00 | 0.41 |
| CHF	BANQUE FEDERTIVE DU CREDIT MUTUEL-REG-S 0.36600% 18-10.10.24 | 100 000.00 | 102 550.00 | 0.27 |
| CHF	BMW INTERNATIONAL INVESTMENT BV-REG-S 0.30000% 19-05.09.24 | 120 000.00 | 122 520.00 | 0.32 |
| CHF	BPCE SA-REG-S 0.50000% 19-08.11.23 | 100 000.00 | 102 450.00 | 0.27 |
| CHF	CAISSE D’AMORTIS DE LA DETTE SOCIALE 3.00000% 09-21.04.21 | 200 000.00 | 209 880.00 | 0.55 |
| CHF	CBQ FINANCE LTD-REG-S 0.69700% 18-22.03.21 | 200 000.00 | 201 000.00 | 0.53 |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT 0.19400% 15-19.11.21 | 100 000.00 | 101 300.00 | 0.27 |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT-REG-S 0.20000% 19-25.03.24 | 150 000.00 | 152 625.00 | 0.40 |
| CHF	CITIGROUP INC-REG-S 0.50000% 19-01.11.28 | 200 000.00 | 204 900.00 | 0.54 |
| CHF	COMMONWEALTH BANK OF AUSTRALIA 0.87500% 13-11.02.20 | 100 000.00 | 100 300.00 | 0.26 |
| CHF	COMMONWEALTH BANK OF AUSTRALIA 1.50000% 14-07.02.22 | 50 000.00 | 52 075.00 | 0.14 |
| CHF	CORP ANDINA DE FOMENTO 1.37500% 13-11.02.21 | 250 000.00 | 255 175.00 | 0.67 |
| CHF	CORPORACION ANDINA DE FOMENTO 2.00000% 14-05.02.24 | 150 000.00 | 163 050.00 | 0.43 |
| CHF	CORPORACION ANDINA DE FOMENTO 0.50000% 15-26.02.26 | 100 000.00 | 102 700.00 | 0.27 |
| CHF	COUNCIL OF EUROPE DEVELOPMENT BANK 3.37500% 08-06.11.20 | 150 000.00 | 155 730.00 | 0.41 |
| CHF	CREDIT AGRICOLE HOME LOAN SFH SA-REG-S 0.25000% 18-08.12.25 | 400 000.00 | 414 800.00 | 1.09 |
| CHF	CREDIT AGRICOLE HOME LOAN SFH SA-REG-S 0.50000% 18-03.10.28 | 100 000.00 | 106 450.00 | 0.28 |
| CHF	CREDIT AGRICOLE SA LONDON 0.30000% 17-18.04.24 | 100 000.00 | 102 021.00 | 0.27 |
| CHF	CREDIT SUISSE LONDON BRANCH-REG-S 1.00000% 14-24.09.21 | 150 000.00 | 153 900.00 | 0.40 |
| CHF	DANSKE BANK AS-REG-S 0.62500% 19-24.11.22 | 200 000.00 | 203 200.00 | 0.53 |
| CHF	DEUTSCHE BAHN FINANCE BV 1.75000% 10-03.06.20 | 150 000.00 | 151 845.00 | 0.40 |
| CHF	DEUTSCHE BAHN FINANCE BV 1.37500% 13-24.07.23 | 50 000.00 | 53 625.00 | 0.14 |
| CHF	DEUTSCHE BAHN FINANCE GMBH-REG-S 0.50000% 18-18.07.28 | 160 000.00 | 170 024.00 | 0.45 |
| CHF	DNB BANK ASA-REG-S 0.05000% 19-13.03.24 | 150 000.00 | 152 550.00 | 0.40 |
| CHF	DVB BANK SE 0.57500% 15-17.06.22 | 150 000.00 | 150 825.00 | 0.40 |
| CHF	EUROPEAN INVESTMENT BANK 1.50000% 12-02.08.24 | 200 000.00 | 220 300.00 | 0.58 |
| CHF	EXPORT-IMPORT BANK OF KOREA-REG-S 0.25300% 18-06.03.23 | 400 000.00 | 407 200.00 | 1.07 |
| CHF	EXPORT-IMPORT BANK OF KOREA-REG-S 0.38250% 18-11.07.24 | 100 000.00 | 102 850.00 | 0.27 |
| CHF	FIRST ABU DHABI BANK PJSC-REG-S 0.20500% 19-04.12.25 | 75 000.00 | 75 629.25 | 0.20 |
| CHF	GLENCORE FINANCE EUROPE SA 1.25000% 14-01.12.20 | 50 000.00 | 50 720.00 | 0.13 |
| CHF	HYPO NOE GRUPPE BANK AG-REG-S 0.10000% 19-27.11.24 | 100 000.00 | 100 900.00 | 0.27 |
| CHF	HYUNDAI CAPITAL SERVICES INC-REG-S 0.73250% 19-26.02.24 | 50 000.00 | 51 156.25 | 0.13 |
| CHF	INSTITUTO DE CREDITO OFICIAL 3.25000% 07-28.06.24 | 200 000.00 | 232 000.00 | 0.61 |
| CHF	JACKSON NATIONAL LIFE GLOBAL FUND-REG-S 0.30000% 18-18.12.23 | 100 000.00 | 102 400.00 | 0.27 |
| CHF	JPMORGAN CHASE & CO 0.50000% 15-04.12.23 | 100 000.00 | 103 200.00 | 0.27 |
| CHF	KOREA NATIONAL OIL CORP-REG-S 0.37300% 18-01.06.23 | 100 000.00 | 102 400.00 | 0.27 |
| CHF	LUZERNER KANTONALBANK-REG-S 0.10000% 18-08.05.24 | 100 000.00 | 102 400.00 | 0.27 |
| CHF	METROPOLITAN LIFE GLOBAL FUNDING-REG-S 1.00000% 14-19.09.22 | 250 000.00 | 260 250.00 | 0.68 |
| CHF	MUENCHENER HYPOTHEKENBANK EG-REG-S 0.00100% 19-19.02.24 | 300 000.00 | 307 350.00 | 0.81 |
| CHF	NATIONAL AUSTRALIA BANK LTD 0.25000% 18-13.03.24 | 200 000.00 | 205 100.00 | 0.54 |
| CHF	NATWEST MARKETS PLC-REG-S 0.12500% 19-13.09.23 | 200 000.00 | 199 400.00 | 0.52 |
| CHF	NEDERLANDSE WATERSCHAPSBANK NV 2.37500% 06-27.01.23 | 200 000.00 | 219 400.00 | 0.58 |
| CHF	NEDERLANDSE WATERSCHAPSBANK NV 1.37500% 12-13.09.27 | 100 000.00 | 114 350.00 | 0.30 |
| CHF	NEW YORK LIFE GLOBAL FUNDING 0.37500% 15-02.02.22 | 350 000.00 | 357 175.00 | 0.94 |
| CHF	ONTARIO, PROVINCE OF 0.25000% 17-28.06.29 | 300 000.00 | 313 950.00 | 0.82 |
| CHF	PETROLEOS MEXICANOS 1.50000% 15-08.12.20 | 390 000.00 | 394 212.00 | 1.04 |
| CHF	PFANDBRIEFBK SCHWEIZERISCHER HYPO INST 0.25000% 17-12.10.27 | 100 000.00 | 104 240.00 | 0.27 |
| CHF	RABOBANK NEDERLAND NV 2.00000% 10-16.09.21 | 100 000.00 | 104 550.00 | 0.27 |
| CHF	RABOBANK NEDERLAND NV 1.12500% 14-08.04.21 | 250 000.00 | 255 750.00 | 0.67 |
| CHF	SANTANDER CONSUMER FINANCE SA 0.50000% 15-05.10.20 | 200 000.00 | 201 740.00 | 0.53 |
| CHF	SNCF RESEAU 2.87500% 09-26.02.21 | 50 000.00 | 52 150.00 | 0.14 |
| CHF	TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.00000% 14-29.08.24 | 100 000.00 | 106 650.00 | 0.28 |
| CHF	TRANSURBAN QUEENSLAND FINANCE PTY LTD 0.62500% 16-23.06.23 | 120 000.00 | 122 100.00 | 0.32 |
| CHF	UBS GROUP AG-REG-S 0.87500% 19-30.01.25 | 200 000.00 | 207 500.00 | 0.55 |
| CHF	VERIZON COMMUNICATIONS INC-REG-S 0.37500% 17-31.05.23 | 100 000.00 | 102 350.00 | 0.27 |
| CHF	WESTPAC SECURITIES NZ LTD/LONDON-REG-S 0.62500% 14-02.09.20 | 200 000.00 | 201 840.00 | 0.53 |
| Total CHF |  | 10 509 728.12 | 27.62 |
| Total Medium term notes, fixed rate |  | 10 509 728.12 | 27.62 |
| Medium term notes, zero coupon |  |  |  |
| CHF |  |  |  |
| CHF	BANK OF THE PHILIPPINE ISLANDS-REG-S 0.00000% 19-24.09.21 | 80 000.00 | 79 600.00 | 0.21 |
| CHF	KOREA HYDRO & NUCLEAR POWER CO-REG-S 0.00000% 19-19.07.24 | 300 000.00 | 303 600.00 | 0.80 |
| CHF	NATIONWIDE BUILDING SOCIETY-REG-S 0.00000% 19-11.07.25 | 115 000.00 | 118 335.00 | 0.31 |
| Total CHF |  | 501 535.00 | 1.32 |
| Total Medium term notes, zero coupon |  | 501 535.00 | 1.32 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Semi-Annual Report as of 30 November 2019
| Description | Quantity/ | Valuation in CHF | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bonds, fixed rate |  |  |  |
| CHF |  |  |  |
| CHF	AARGAUISCHE KANTONALBANK 0.15000% 15-18.05.22 | 200 000.00 | 203 400.00 | 0.53 |
| CHF	APPLE INC-REG-S 0.37500% 15-25.11.24 | 450 000.00 | 466 875.00 | 1.23 |
| CHF	BASLER KANTONALBANK 0.15000% 19-02.04.27 | 100 000.00 | 103 350.00 | 0.27 |
| CHF	CAISSE DES DEPOTS ET CONSIGNATIONS 1.25000% 13-16.12.20 | 200 000.00 | 203 960.00 | 0.54 |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT 1.12500% 14-24.02.23 | 200 000.00 | 209 000.00 | 0.55 |
| CHF	DEUTSCHE PFANDBRIEFBANK AG-REG-S 0.12500% 19-05.06.23 | 150 000.00 | 150 750.00 | 0.40 |
| CHF	EUROPEAN INVESTMENT BANK 2.62500% 10-11.02.25 | 150 000.00 | 175 575.00 | 0.46 |
| CHF	GAZ CAPITAL SA/GAZPROM-REG-S 1.45000% 18-06.03.23 | 120 000.00 | 123 487.50 | 0.32 |
| CHF	GENERAL ELECTRIC CO 3.12500% 04-06.12.19 | 200 000.00 | 200 040.00 | 0.53 |
| CHF	GOLDMAN SACHS GROUP INC 1.62500% 13-06.02.20 | 250 000.00 | 251 025.00 | 0.66 |
| CHF	GRAUBUENDNER KANTONALBANK 1.37500% 13-11.03.25 | 200 000.00 | 219 500.00 | 0.58 |
| CHF	KAZAKHSTAN TEMIR ZHOLY NATIONAL CO JSC 3.25000% 18-05.12.23 | 40 000.00 | 43 580.00 | 0.11 |
| CHF	MONDELEZ INTERNATIONAL INC-REG-S 0.61700% 17-30.09.24 | 200 000.00 | 206 700.00 | 0.54 |
| CHF	MONDELEZ INTL 0.62500% 15-06.10.20 | 100 000.00 | 100 830.00 | 0.27 |
| CHF	MONDELEZ INTL-REG-S 0.62500% 15-30.12.21 | 100 000.00 | 102 050.00 | 0.27 |
| CHF	OESTERREICHISCHE KONTROLLBANK AG 2.62500% 06-22.11.24 | 100 000.00 | 116 400.00 | 0.31 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.01000% 17-05.02.24 | 150 000.00 | 153 525.00 | 0.40 |
| CHF	ROCHE KAPITALMARKT AG 0.10000% 17-23.09.24 | 100 000.00 | 102 850.00 | 0.27 |
| CHF	ST GALLER KANTONALBANK 1.37500% 12-22.06.27 | 150 000.00 | 168 900.00 | 0.44 |
| CHF	UBS GROUP AG-REG-S 0.62500% 17-18.05.24 | 200 000.00 | 205 000.00 | 0.54 |
| CHF	ZUERCHER KANTONALBANK 0.03000% 16-11.02.22 | 50 000.00 | 50 625.00 | 0.13 |
| CHF	ZUGER KANTONALBANK 0.12500% 19-03.12.29 | 150 000.00 | 154 086.00 | 0.40 |
| Total CHF |  | 3 711 508.50 | 9.75 |
| EUR |  |  |  |
| EUR	GERMANY, REPUBLIC OF 1.50000% 13-15.02.23 | 310 000.00 | 365 392.21 | 0.96 |
| EUR	GERMANY, REPUBLIC OF 2.00000% 13-15.08.23 | 530 000.00 | 641 783.60 | 1.69 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 09-04.01.20 | 100 000.00 | 110 562.97 | 0.29 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 11-04.07.21 | 300 000.00 | 351 066.63 | 0.92 |
| EUR	GERMANY, REPUBLIC OF-REG-S 1.75000% 12-04.07.22 | 350 000.00 | 409 808.37 | 1.08 |
| Total EUR |  | 1 878 613.78 | 4.94 |
| Total Bonds, fixed rate |  | 5 590 122.28 | 14.69 |
| Bonds, zero coupon |  |  |  |
| CHF |  |  |  |
| CHF	AARGAUISCHE KANTONALBANK 0.00000% 16-08.03.22 | 100 000.00 | 101 250.00 | 0.27 |
| CHF	BALOISE HOLDING AG-REG-S 0.00000% 19-23.09.22 | 300 000.00 | 301 890.00 | 0.79 |
| CHF	BASEL-STADT, CANTON OF 0.00000% 16-05.09.23 | 100 000.00 | 102 350.00 | 0.27 |
| CHF	BASEL-STADT, CANTON OF 0.00000% 17-22.11.24 | 50 000.00 | 51 450.00 | 0.13 |
| CHF	BASLER KANTONALBANK-REG-S 0.00000% 18-11.04.22 | 100 000.00 | 101 350.00 | 0.27 |
| CHF	KOREA GAS CORP-REG-S 0.00000% 19-28.11.23 | 50 000.00 | 50 600.00 | 0.13 |
| CHF	KOREA NATIONAL OIL CORP-REG-S 0.00000% 19-04.10.24 | 300 000.00 | 304 500.00 | 0.80 |
| CHF	PFANDBRIEFBK SCHWEIZERISCHER HYPO INST 0.00000% 16-05.07.22 | 400 000.00 | 405 800.00 | 1.07 |
| CHF	PFANDBRIEFBK SCHWEIZERISCHER HYPO INST 0.00000% 16-16.05.23 | 200 000.00 | 203 700.00 | 0.54 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.00000% 15-25.07.23 | 190 000.00 | 193 686.00 | 0.51 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.00000% 16-07.11.22 | 150 000.00 | 152 475.00 | 0.40 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.00000% 16-27.01.27 | 100 000.00 | 102 460.00 | 0.27 |
| CHF	VALIANT BANK AG-REG-S 0.00000% 19-31.10.25 | 100 000.00 | 102 450.00 | 0.27 |
| Total CHF |  | 2 173 961.00 | 5.72 |
| Total Bonds, zero coupon |  | 2 173 961.00 | 5.72 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.37500% 01-15.02.31 | 130 000.00 | 176 913.45 | 0.46 |
| USD	AMERICA, UNITED STATES OF 4.37500% 08-15.02.38 | 49 000.00 | 66 631.12 | 0.18 |
| USD	AMERICA, UNITED STATES OF 4.37500% 11-15.05.41 | 230 000.00 | 318 226.20 | 0.84 |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-15.08.48 | 197 000.00 | 230 032.57 | 0.60 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.08.27 | 250 000.00 | 259 040.48 | 0.68 |
| USD	AMERICA, UNITED STATES OF 3.62500% 10-15.02.20 | 622 000.00 | 623 878.07 | 1.64 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 603 000.00 | 605 315.02 | 1.59 |
| Total USD |  | 2 280 036.91 | 5.99 |
| Total Treasury notes, fixed rate |  | 2 280 036.91 | 5.99 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 90 000.00 | 135 900.12 | 0.36 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28 | 200 000.00 | 212 933.97 | 0.56 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 90 000.00 | 99 683.76 | 0.26 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 40 000.00 | 47 229.85 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 75 000.00 | 84 524.22 | 0.22 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 90 000.00 | 99 446.64 | 0.26 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 20 000.00 | 21 493.86 | 0.06 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 100 000.00 | 109 621.18 | 0.29 |
| Total USD |  | 810 833.60 | 2.13 |
| Total Treasury notes, floating rate |  | 810 833.60 | 2.13 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 22 458 871.91 | 59.03 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Semi-Annual Report as of 30 November 2019
| Description	Quantity/ | Valuation in CHF | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |
| 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 | 90 000.00 | 100 535.72 | 0.27 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 70 000.00 | 76 028.54 | 0.20 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 80 000.00 | 89 117.94 | 0.23 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 90 000.00 | 100 041.04 | 0.26 |
| Total USD |  | 365 723.24 | 0.96 |
| Total Treasury notes, floating rate | 365 723.24 | 0.96 |
| Total Transferable securities and money market instruments traded on another regulated market | 365 723.24 | 0.96 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Luxembourg |  |  |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC	5 281.00 | 774 282.23 | 2.03 |
| EUR	UBS (LUX) BOND SICAV - EUR CORPORATES (EUR) U-X-ACC	281.00 | 3 818 629.18 | 10.04 |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC	60.00 | 1 185 861.29 | 3.12 |
| USD	UBS (LUX) BOND SICAV - EMERGING ECONOMIES CORP (USD)-I-X-DIS	7 450.00 | 794 026.05 | 2.09 |
| USD	UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC	503.00 | 5 745 301.63 | 15.10 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC	169.00 | 2 302 273.37 | 6.05 |
| Total Luxembourg | 14 620 373.75 | 38.43 |
| Total Investment funds, open end | 14 620 373.75 | 38.43 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 14 620 373.75 | 38.43 |
| Total investments in securities | 37 444 968.90 | 98.42 |
| Forward Foreign Exchange contracts |  |  |
| Forward Foreign Exchange contracts (Purchase/Sale) |  |  |

| CHF | 6 588 177.95 | USD | 6 647 104.53 | 9.1.2020 | -31 215.08 | -0.08 |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 406 808.27 | CAD | 542 500.00 | 9.1.2020 | -77.11 | 0.00 |
| CHF | 2 116.87 | ZAR | 32 000.00 | 9.1.2020 | -45.68 | 0.00 |
| NOK | 7 238 431.89 | CHF | 785 597.18 | 9.1.2020 | -2 549.20 | -0.01 |
| GBP | 328 059.24 | CHF | 412 380.96 | 9.1.2020 | 10 907.69 | 0.03 |
| CHF | 594 831.39 | AUD | 884 795.77 | 9.1.2020 | -1 810.08 | 0.00 |
| CHF | 3 780 668.13 | EUR | 3 444 219.54 | 9.1.2020 | -12 669.02 | -0.03 |
| USD | 135 000.00 | CHF | 133 667.28 | 9.1.2020 | 769.91 | 0.00 |
| EUR | 62 000.00 | CHF | 68 183.32 | 9.1.2020 | 101.21 | 0.00 |
| EUR | 339 242.19 | NOK | 3 472 500.00 | 9.1.2020 | -2 029.75 | 0.00 |
| CAD | 494 021.24 | NOK | 3 472 500.00 | 9.1.2020 | -5 142.76 | -0.01 |
| AUD | 27 000.00 | CHF | 18 278.73 | 9.1.2020 | -71.91 | 0.00 |
| CAD | 48 000.00 | CHF | 36 387.22 | 9.1.2020 | -386.30 | 0.00 |
| CHF | 31 269.20 | GBP | 24 500.00 | 9.1.2020 | -342.69 | 0.00 |
| CHF | 31 168.67 | NOK | 290 000.00 | 9.1.2020 | -203.31 | 0.00 |
| EUR | 20 000.00 | CHF | 22 060.08 | 9.1.2020 | -32.81 | 0.00 |
| CHF | 18 303.73 | USD | 18 500.00 | 9.1.2020 | -119.14 | 0.00 |
| CHF | 585 595.41 | AUD | 857 005.68 | 15.1.2020 | 7 846.62 | 0.02 |
| GBP | 303 504.36 | CHF | 386 265.14 | 15.1.2020 | 5 244.28 | 0.01 |
| CAD | 715.45 | CHF | 537.39 | 15.1.2020 | -1.00 | 0.00 |
| CHF | 10 200.75 | JPY | 1 121 877.00 | 15.1.2020 | -33.84 | 0.00 |
| NZD | 1 000.00 | CHF | 634.02 | 15.1.2020 | 5.40 | 0.00 |
| CHF | 131.38 | NOK | 1 213.55 | 15.1.2020 | 0.15 | 0.00 |
| CHF | 6 747 920.66 | USD | 6 849 971.54 | 15.1.2020 | -70 715.57 | -0.18 |
| CHF | 3 429 035.90 | EUR | 3 112 820.07 | 15.1.2020 | 838.42 | 0.00 |
| IDR | 5 794 114 000.00 | USD | 409 159.95 | 16.1.2020 | -461.97 | 0.00 |
| USD | 421 116.87 | TWD | 12 767 000.00 | 16.1.2020 | 1 333.96 | 0.00 |
| INR | 28 336 000.00 | USD | 391 949.65 | 16.1.2020 | 1 507.61 | 0.00 |
| EUR | 86 000.00 | CHF | 94 334.43 | 9.1.2020 | 382.82 | 0.00 |
| EUR | 85 000.00 | CHF | 93 234.97 | 15.1.2020 | 376.86 | 0.00 |
| USD | 96 000.00 | CHF | 94 758.72 | 9.1.2020 | 841.06 | 0.00 |
| USD | 96 000.00 | CHF | 94 718.88 | 15.1.2020 | 841.97 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -96 909.26 | -0.25 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 740 210.13 | 1.95 |
| Other assets and liabilities | -42 362.44 | -0.12 |
| Total net assets | 38 045 907.33 | 100.00 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Semi-Annual Report as of 30 November 2019

Translation (ENDE, 2019-11-30):
# UBS (Lux) Strategy SICAV – Fixed Income (CHF)
| Wichtigste Daten |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Nettovermögen in CHF |  | 38 045 907.33 | 40 909 724.07 | 48 358 184.06 |
| Klasse P-acc | LU0042743699 |  |  |  |
| Aktien im Umlauf |  | 239 139.7680 | 257 932.2250 | 305 392.1870 |
| Nettoinventarwert pro Aktie in CHF |  | 152.03 | 151.58 | 150.55 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 152.03 | 151.58 | 150.32 |
| Klasse Q-acc | LU1240800612 |  |  |  |
| Aktien im Umlauf |  | 16 618.3020 | 17 919.7580 | 23 802.2670 |
| Nettoinventarwert pro Aktie in CHF |  | 101.70 | 101.18 | 100.06 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 101.70 | 101.18 | 99.91 |
| 1  Siehe Erläuterung 1 |  |  |  |  |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Halbjahresbericht per 30. November 2019

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Luxemburg | 41.09 |
| --- | --- |
| Vereinigte Staaten | 15.55 |
| Schweiz | 9.45 |
| Deutschland | 6.98 |
| Frankreich | 4.03 |
| Niederlande | 3.53 |
| Südkorea | 3.48 |
| Supranational | 2.99 |
| Australien | 1.79 |
| Grossbritannien | 1.51 |
| Kanada | 1.23 |
| Spanien | 1.14 |
| Mexiko | 1.04 |
| Neuseeland | 0.81 |
| Österreich | 0.57 |
| Dänemark | 0.53 |
| Bermuda | 0.53 |
| Cayman-Inseln | 0.45 |
| Honduras | 0.40 |
| Norwegen | 0.40 |
| Chile | 0.40 |
| Philippinen | 0.21 |
| Vereinigte Arabische Emirate | 0.20 |
| Kasachstan | 0.11 |
| Total | 98.42 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Anlagefonds | 38.43 |
| --- | --- |
| Banken & Kreditinstitute | 19.54 |
| Länder- & Zentralregierungen | 14.02 |
| Finanz- & Beteiligungsgesellschaften | 7.85 |
| Supranationale Organisationen | 5.59 |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 3.99 |
| Erdöl | 2.39 |
| Kantone, Bundesstaaten | 1.23 |
| Computer & Netzwerkausrüster | 1.23 |
| Nahrungsmittel & Softdrinks | 1.08 |
| Öffentlich-rechtliche Körperschaften | 0.82 |
| Diverse Dienstleistungen | 0.80 |
| Versicherungen | 0.79 |
| Städte, Gemeinden | 0.28 |
| Telekommunikation | 0.27 |
| Verkehr & Transport | 0.11 |
| Total | 98.42 |


## Nettovermögensaufstellung
Aktiva	30.11.2019
CHF
Wertpapierbestand, Einstandswert	35 649 935.66
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	1 795 033.24	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 37 444 968.90 |
| Bankguthaben, Sicht- und Fristgelder | 740 210.13 |
| Zinsforderungen aus Wertpapieren | 112 926.36 |
| Sonstige Forderungen | 17 209.21 |
| Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1) | -96 909.26 |
| Total Aktiva | 38 218 405.34 |
|  |  |
| Passiva |  |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -151 009.50 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -15 484.48 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -1 909.69 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-4 094.34	 |
| Total Rückstellungen für Aufwendungen | -21 488.51 |
| Total Passiva | -172 498.01 |
|  |  |
| Nettovermögen am Ende der Berichtsperiode | 38 045 907.33 |
| Ertrags- und Aufwandsrechnung | CHF |
| Erträge | 1.6.2019-30.11.2019 |
| Zinsertrag auf liquide Mittel | 911.57 |
| Zinsen auf Wertpapiere | 139 757.83 |
| Zinsertrag auf Swaps (Erläuterung 1) | 7 907.12 |
| Dividenden | 41 170.67 |
| Erträge aus Securities Lending (Erläuterung 12) | 3 340.82 |
| Sonstige Erträge (Erläuterung 4) | 3 271.54 |
| Total Erträge | 196 359.55 |
|  |  |
| Aufwendungen |  |
| Zinsaufwand auf Swaps (Erläuterung 1) | -131.47 |
| Kosten aus Securities Lending (Erläuterung 12) | -1 336.33 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -210 002.87 |
| Abonnementsabgabe (Erläuterung 3) | -6 113.42 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -4 081.76 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -111.28 |
| Total Aufwendungen | -221 777.13 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | -25 417.58 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | 253 781.26 |
| Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten | -3 883.72 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | -4 349.64 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | -48 450.34 |
| Realisierter Kursgewinn (-verlust) aus Swaps | 32 210.34 |
| Realisierter Währungsgewinn (-verlust) | -84 370.01 |
| Total der realisierten Gewinne (Verluste) | 144 937.89 |
|  |  |
| Realisierter Nettogewinn (-verlust) der Berichtsperiode | 119 520.31 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | 76 059.19 |
| Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente | 550.92 |
| Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten | 2 685.37 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -49 307.01 |
| Nicht realisierte Werterhöhung (-minderung) von Swaps | -19 522.36 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 10 466.11 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 129 986.42 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Halbjahresbericht per 30. November 2019
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | CHF |
|  | 1.6.2019-30.11.2019 |
| Nettovermögen zu Beginn der Berichtsperiode | 40 909 724.07 |
| Zeichnungen | 21 136.71 |
| Rücknahmen | 	-3 014 939.87	 |
| Total Mittelzufluss (-abfluss) | -2 993 803.16 |
| Nettoerträge (-verluste) aus Anlagen | -25 417.58 |
| Total der realisierten Gewinne (Verluste) | 144 937.89 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	10 466.11	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 129 986.42 |
| Nettovermögen am Ende der Berichtsperiode | 38 045 907.33 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2019-30.11.2019 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 257 932.2250 |
| Anzahl der ausgegebenen Aktien | 31.5940 |
| Anzahl der zurückgegebenen Aktien | -18 824.0510 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 239 139.7680 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 17 919.7580 |
| Anzahl der ausgegebenen Aktien | 160.0000 |
| Anzahl der zurückgegebenen Aktien | -1 461.4560 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 16 618.3020 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Halbjahresbericht per 30. November 2019

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in CHF | 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 |  |  |  |
| CHF |  |  |  |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT 1.50000% 13-04.02.20 | 150 000.00 | 150 555.00 | 0.40 |
| CHF	EUROPEAN INVESTMENT BANK 1.62500% 11-23.11.23 | 200 000.00 | 218 400.00 | 0.57 |
| CHF	EUROPEAN INVESTMENT BANK 1.62500% 14-04.02.25 | 200 000.00 | 223 700.00 | 0.59 |
| Total CHF |  | 592 655.00 | 1.56 |
| Total Notes, fester Zins |  | 592 655.00 | 1.56 |
| Medium-Term Notes, fester Zins |  |  |  |
| CHF |  |  |  |
| CHF	ABN AMRO BANK NV 2.62500% 11-27.04.21 | 100 000.00 | 104 580.00 | 0.27 |
| CHF	ADCB FINANCE CAYMAN LTD-REG-S 0.37500% 18-23.01.23 | 100 000.00 | 100 250.00 | 0.26 |
| CHF	ADCB FINANCE CAYMAN LTD 0.72500% 18-15.02.24 | 70 000.00 | 71 006.25 | 0.19 |
| CHF	AGENCE FRANCAISE DE DEVELOPPEMENT 2.62500% 10-18.02.25 | 200 000.00 | 233 300.00 | 0.61 |
| CHF	AMP GROUP FINANCE SERVICES LTD-REG-S 0.75000% 18-19.12.22 | 100 000.00 | 101 350.00 | 0.27 |
| CHF	AMP GROUP FINANCE SERVICES LTD-REG-S 0.80000% 19-18.07.23 | 100 000.00 | 101 400.00 | 0.27 |
| CHF	AUCKLAND COUNCIL 1.12500% 13-07.02.24 | 100 000.00 | 107 050.00 | 0.28 |
| CHF	BANCO DE CREDITO E INVERSIONES-REG-S 0.40000% 19-22.11.24 | 50 000.00 | 50 609.37 | 0.13 |
| CHF	BANCO SANTANDER CHILE-REG-S 0.38400% 19-27.09.24 | 100 000.00 | 100 950.00 | 0.27 |
| CHF	BANK NEDERLANDSE GEMEENTEN NV 1.25000% 14-30.04.24 | 200 000.00 | 216 900.00 | 0.57 |
| CHF	BANK OF NOVA SCOTIA-REG-S 0.20000% 18-19.11.25 | 150 000.00 | 155 625.00 | 0.41 |
| CHF	BANQUE FEDERTIVE DU CREDIT MUTUEL-REG-S 0.36600% 18-10.10.24 | 100 000.00 | 102 550.00 | 0.27 |
| CHF	BMW INTERNATIONAL INVESTMENT BV-REG-S 0.30000% 19-05.09.24 | 120 000.00 | 122 520.00 | 0.32 |
| CHF	BPCE SA-REG-S 0.50000% 19-08.11.23 | 100 000.00 | 102 450.00 | 0.27 |
| CHF	CAISSE D’AMORTIS DE LA DETTE SOCIALE 3.00000% 09-21.04.21 | 200 000.00 | 209 880.00 | 0.55 |
| CHF	CBQ FINANCE LTD-REG-S 0.69700% 18-22.03.21 | 200 000.00 | 201 000.00 | 0.53 |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT 0.19400% 15-19.11.21 | 100 000.00 | 101 300.00 | 0.27 |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT-REG-S 0.20000% 19-25.03.24 | 150 000.00 | 152 625.00 | 0.40 |
| CHF	CITIGROUP INC-REG-S 0.50000% 19-01.11.28 | 200 000.00 | 204 900.00 | 0.54 |
| CHF	COMMONWEALTH BANK OF AUSTRALIA 0.87500% 13-11.02.20 | 100 000.00 | 100 300.00 | 0.26 |
| CHF	COMMONWEALTH BANK OF AUSTRALIA 1.50000% 14-07.02.22 | 50 000.00 | 52 075.00 | 0.14 |
| CHF	CORP ANDINA DE FOMENTO 1.37500% 13-11.02.21 | 250 000.00 | 255 175.00 | 0.67 |
| CHF	CORPORACION ANDINA DE FOMENTO 2.00000% 14-05.02.24 | 150 000.00 | 163 050.00 | 0.43 |
| CHF	CORPORACION ANDINA DE FOMENTO 0.50000% 15-26.02.26 | 100 000.00 | 102 700.00 | 0.27 |
| CHF	COUNCIL OF EUROPE DEVELOPMENT BANK 3.37500% 08-06.11.20 | 150 000.00 | 155 730.00 | 0.41 |
| CHF	CREDIT AGRICOLE HOME LOAN SFH SA-REG-S 0.25000% 18-08.12.25 | 400 000.00 | 414 800.00 | 1.09 |
| CHF	CREDIT AGRICOLE HOME LOAN SFH SA-REG-S 0.50000% 18-03.10.28 | 100 000.00 | 106 450.00 | 0.28 |
| CHF	CREDIT AGRICOLE SA LONDON 0.30000% 17-18.04.24 | 100 000.00 | 102 021.00 | 0.27 |
| CHF	CREDIT SUISSE LONDON BRANCH-REG-S 1.00000% 14-24.09.21 | 150 000.00 | 153 900.00 | 0.40 |
| CHF	DANSKE BANK AS-REG-S 0.62500% 19-24.11.22 | 200 000.00 | 203 200.00 | 0.53 |
| CHF	DEUTSCHE BAHN FINANCE BV 1.75000% 10-03.06.20 | 150 000.00 | 151 845.00 | 0.40 |
| CHF	DEUTSCHE BAHN FINANCE BV 1.37500% 13-24.07.23 | 50 000.00 | 53 625.00 | 0.14 |
| CHF	DEUTSCHE BAHN FINANCE GMBH-REG-S 0.50000% 18-18.07.28 | 160 000.00 | 170 024.00 | 0.45 |
| CHF	DNB BANK ASA-REG-S 0.05000% 19-13.03.24 | 150 000.00 | 152 550.00 | 0.40 |
| CHF	DVB BANK SE 0.57500% 15-17.06.22 | 150 000.00 | 150 825.00 | 0.40 |
| CHF	EUROPEAN INVESTMENT BANK 1.50000% 12-02.08.24 | 200 000.00 | 220 300.00 | 0.58 |
| CHF	EXPORT-IMPORT BANK OF KOREA-REG-S 0.25300% 18-06.03.23 | 400 000.00 | 407 200.00 | 1.07 |
| CHF	EXPORT-IMPORT BANK OF KOREA-REG-S 0.38250% 18-11.07.24 | 100 000.00 | 102 850.00 | 0.27 |
| CHF	FIRST ABU DHABI BANK PJSC-REG-S 0.20500% 19-04.12.25 | 75 000.00 | 75 629.25 | 0.20 |
| CHF	GLENCORE FINANCE EUROPE SA 1.25000% 14-01.12.20 | 50 000.00 | 50 720.00 | 0.13 |
| CHF	HYPO NOE GRUPPE BANK AG-REG-S 0.10000% 19-27.11.24 | 100 000.00 | 100 900.00 | 0.27 |
| CHF	HYUNDAI CAPITAL SERVICES INC-REG-S 0.73250% 19-26.02.24 | 50 000.00 | 51 156.25 | 0.13 |
| CHF	INSTITUTO DE CREDITO OFICIAL 3.25000% 07-28.06.24 | 200 000.00 | 232 000.00 | 0.61 |
| CHF	JACKSON NATIONAL LIFE GLOBAL FUND-REG-S 0.30000% 18-18.12.23 | 100 000.00 | 102 400.00 | 0.27 |
| CHF	JPMORGAN CHASE & CO 0.50000% 15-04.12.23 | 100 000.00 | 103 200.00 | 0.27 |
| CHF	KOREA NATIONAL OIL CORP-REG-S 0.37300% 18-01.06.23 | 100 000.00 | 102 400.00 | 0.27 |
| CHF	LUZERNER KANTONALBANK-REG-S 0.10000% 18-08.05.24 | 100 000.00 | 102 400.00 | 0.27 |
| CHF	METROPOLITAN LIFE GLOBAL FUNDING-REG-S 1.00000% 14-19.09.22 | 250 000.00 | 260 250.00 | 0.68 |
| CHF	MUENCHENER HYPOTHEKENBANK EG-REG-S 0.00100% 19-19.02.24 | 300 000.00 | 307 350.00 | 0.81 |
| CHF	NATIONAL AUSTRALIA BANK LTD 0.25000% 18-13.03.24 | 200 000.00 | 205 100.00 | 0.54 |
| CHF	NATWEST MARKETS PLC-REG-S 0.12500% 19-13.09.23 | 200 000.00 | 199 400.00 | 0.52 |
| CHF	NEDERLANDSE WATERSCHAPSBANK NV 2.37500% 06-27.01.23 | 200 000.00 | 219 400.00 | 0.58 |
| CHF	NEDERLANDSE WATERSCHAPSBANK NV 1.37500% 12-13.09.27 | 100 000.00 | 114 350.00 | 0.30 |
| CHF	NEW YORK LIFE GLOBAL FUNDING 0.37500% 15-02.02.22 | 350 000.00 | 357 175.00 | 0.94 |
| CHF	ONTARIO, PROVINCE OF 0.25000% 17-28.06.29 | 300 000.00 | 313 950.00 | 0.82 |
| CHF	PETROLEOS MEXICANOS 1.50000% 15-08.12.20 | 390 000.00 | 394 212.00 | 1.04 |
| CHF	PFANDBRIEFBK SCHWEIZERISCHER HYPO INST 0.25000% 17-12.10.27 | 100 000.00 | 104 240.00 | 0.27 |
| CHF	RABOBANK NEDERLAND NV 2.00000% 10-16.09.21 | 100 000.00 | 104 550.00 | 0.27 |
| CHF	RABOBANK NEDERLAND NV 1.12500% 14-08.04.21 | 250 000.00 | 255 750.00 | 0.67 |
| CHF	SANTANDER CONSUMER FINANCE SA 0.50000% 15-05.10.20 | 200 000.00 | 201 740.00 | 0.53 |
| CHF	SNCF RESEAU 2.87500% 09-26.02.21 | 50 000.00 | 52 150.00 | 0.14 |
| CHF	TOTAL CAPITAL INTERNATIONAL SA-REG-S 1.00000% 14-29.08.24 | 100 000.00 | 106 650.00 | 0.28 |
| CHF	TRANSURBAN QUEENSLAND FINANCE PTY LTD 0.62500% 16-23.06.23 | 120 000.00 | 122 100.00 | 0.32 |
| CHF	UBS GROUP AG-REG-S 0.87500% 19-30.01.25 | 200 000.00 | 207 500.00 | 0.55 |
| CHF	VERIZON COMMUNICATIONS INC-REG-S 0.37500% 17-31.05.23 | 100 000.00 | 102 350.00 | 0.27 |
| CHF	WESTPAC SECURITIES NZ LTD/LONDON-REG-S 0.62500% 14-02.09.20 | 200 000.00 | 201 840.00 | 0.53 |
| Total CHF |  | 10 509 728.12 | 27.62 |
| Total Medium-Term Notes, fester Zins |  | 10 509 728.12 | 27.62 |
| Medium-Term Notes, Nullcoupon |  |  |  |
| CHF |  |  |  |
| CHF	BANK OF THE PHILIPPINE ISLANDS-REG-S 0.00000% 19-24.09.21 | 80 000.00 | 79 600.00 | 0.21 |
| CHF	KOREA HYDRO & NUCLEAR POWER CO-REG-S 0.00000% 19-19.07.24 | 300 000.00 | 303 600.00 | 0.80 |
| CHF	NATIONWIDE BUILDING SOCIETY-REG-S 0.00000% 19-11.07.25 | 115 000.00 | 118 335.00 | 0.31 |
| Total CHF |  | 501 535.00 | 1.32 |
| Total Medium-Term Notes, Nullcoupon |  | 501 535.00 | 1.32 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Halbjahresbericht per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in CHF | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Anleihen, fester Zins |  |  |  |
| CHF |  |  |  |
| CHF	AARGAUISCHE KANTONALBANK 0.15000% 15-18.05.22 | 200 000.00 | 203 400.00 | 0.53 |
| CHF	APPLE INC-REG-S 0.37500% 15-25.11.24 | 450 000.00 | 466 875.00 | 1.23 |
| CHF	BASLER KANTONALBANK 0.15000% 19-02.04.27 | 100 000.00 | 103 350.00 | 0.27 |
| CHF	CAISSE DES DEPOTS ET CONSIGNATIONS 1.25000% 13-16.12.20 | 200 000.00 | 203 960.00 | 0.54 |
| CHF	CENTRAL AMERICAN BK ECO INTEGRAT 1.12500% 14-24.02.23 | 200 000.00 | 209 000.00 | 0.55 |
| CHF	DEUTSCHE PFANDBRIEFBANK AG-REG-S 0.12500% 19-05.06.23 | 150 000.00 | 150 750.00 | 0.40 |
| CHF	EUROPEAN INVESTMENT BANK 2.62500% 10-11.02.25 | 150 000.00 | 175 575.00 | 0.46 |
| CHF	GAZ CAPITAL SA/GAZPROM-REG-S 1.45000% 18-06.03.23 | 120 000.00 | 123 487.50 | 0.32 |
| CHF	GENERAL ELECTRIC CO 3.12500% 04-06.12.19 | 200 000.00 | 200 040.00 | 0.53 |
| CHF	GOLDMAN SACHS GROUP INC 1.62500% 13-06.02.20 | 250 000.00 | 251 025.00 | 0.66 |
| CHF	GRAUBUENDNER KANTONALBANK 1.37500% 13-11.03.25 | 200 000.00 | 219 500.00 | 0.58 |
| CHF	KAZAKHSTAN TEMIR ZHOLY NATIONAL CO JSC 3.25000% 18-05.12.23 | 40 000.00 | 43 580.00 | 0.11 |
| CHF	MONDELEZ INTERNATIONAL INC-REG-S 0.61700% 17-30.09.24 | 200 000.00 | 206 700.00 | 0.54 |
| CHF	MONDELEZ INTL 0.62500% 15-06.10.20 | 100 000.00 | 100 830.00 | 0.27 |
| CHF	MONDELEZ INTL-REG-S 0.62500% 15-30.12.21 | 100 000.00 | 102 050.00 | 0.27 |
| CHF	OESTERREICHISCHE KONTROLLBANK AG 2.62500% 06-22.11.24 | 100 000.00 | 116 400.00 | 0.31 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.01000% 17-05.02.24 | 150 000.00 | 153 525.00 | 0.40 |
| CHF	ROCHE KAPITALMARKT AG 0.10000% 17-23.09.24 | 100 000.00 | 102 850.00 | 0.27 |
| CHF	ST GALLER KANTONALBANK 1.37500% 12-22.06.27 | 150 000.00 | 168 900.00 | 0.44 |
| CHF	UBS GROUP AG-REG-S 0.62500% 17-18.05.24 | 200 000.00 | 205 000.00 | 0.54 |
| CHF	ZUERCHER KANTONALBANK 0.03000% 16-11.02.22 | 50 000.00 | 50 625.00 | 0.13 |
| CHF	ZUGER KANTONALBANK 0.12500% 19-03.12.29 | 150 000.00 | 154 086.00 | 0.40 |
| Total CHF |  | 3 711 508.50 | 9.75 |
| EUR |  |  |  |
| EUR	GERMANY, REPUBLIC OF 1.50000% 13-15.02.23 | 310 000.00 | 365 392.21 | 0.96 |
| EUR	GERMANY, REPUBLIC OF 2.00000% 13-15.08.23 | 530 000.00 | 641 783.60 | 1.69 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 09-04.01.20 | 100 000.00 | 110 562.97 | 0.29 |
| EUR	GERMANY, REPUBLIC OF 3.25000% 11-04.07.21 | 300 000.00 | 351 066.63 | 0.92 |
| EUR	GERMANY, REPUBLIC OF-REG-S 1.75000% 12-04.07.22 | 350 000.00 | 409 808.37 | 1.08 |
| Total EUR |  | 1 878 613.78 | 4.94 |
| Total Anleihen, fester Zins |  | 5 590 122.28 | 14.69 |
| Anleihen, Nullcoupon |  |  |  |
| CHF |  |  |  |
| CHF	AARGAUISCHE KANTONALBANK 0.00000% 16-08.03.22 | 100 000.00 | 101 250.00 | 0.27 |
| CHF	BALOISE HOLDING AG-REG-S 0.00000% 19-23.09.22 | 300 000.00 | 301 890.00 | 0.79 |
| CHF	BASEL-STADT, CANTON OF 0.00000% 16-05.09.23 | 100 000.00 | 102 350.00 | 0.27 |
| CHF	BASEL-STADT, CANTON OF 0.00000% 17-22.11.24 | 50 000.00 | 51 450.00 | 0.13 |
| CHF	BASLER KANTONALBANK-REG-S 0.00000% 18-11.04.22 | 100 000.00 | 101 350.00 | 0.27 |
| CHF	KOREA GAS CORP-REG-S 0.00000% 19-28.11.23 | 50 000.00 | 50 600.00 | 0.13 |
| CHF	KOREA NATIONAL OIL CORP-REG-S 0.00000% 19-04.10.24 | 300 000.00 | 304 500.00 | 0.80 |
| CHF	PFANDBRIEFBK SCHWEIZERISCHER HYPO INST 0.00000% 16-05.07.22 | 400 000.00 | 405 800.00 | 1.07 |
| CHF	PFANDBRIEFBK SCHWEIZERISCHER HYPO INST 0.00000% 16-16.05.23 | 200 000.00 | 203 700.00 | 0.54 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.00000% 15-25.07.23 | 190 000.00 | 193 686.00 | 0.51 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.00000% 16-07.11.22 | 150 000.00 | 152 475.00 | 0.40 |
| CHF	PFANDBRIEFZENTR SCHWEIZ KANTONALBANKEN 0.00000% 16-27.01.27 | 100 000.00 | 102 460.00 | 0.27 |
| CHF	VALIANT BANK AG-REG-S 0.00000% 19-31.10.25 | 100 000.00 | 102 450.00 | 0.27 |
| Total CHF |  | 2 173 961.00 | 5.72 |
| Total Anleihen, Nullcoupon |  | 2 173 961.00 | 5.72 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.37500% 01-15.02.31 | 130 000.00 | 176 913.45 | 0.46 |
| USD	AMERICA, UNITED STATES OF 4.37500% 08-15.02.38 | 49 000.00 | 66 631.12 | 0.18 |
| USD	AMERICA, UNITED STATES OF 4.37500% 11-15.05.41 | 230 000.00 | 318 226.20 | 0.84 |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-15.08.48 | 197 000.00 | 230 032.57 | 0.60 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.08.27 | 250 000.00 | 259 040.48 | 0.68 |
| USD	AMERICA, UNITED STATES OF 3.62500% 10-15.02.20 | 622 000.00 | 623 878.07 | 1.64 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 603 000.00 | 605 315.02 | 1.59 |
| Total USD |  | 2 280 036.91 | 5.99 |
| Total Treasury-Notes, fester Zins |  | 2 280 036.91 | 5.99 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 90 000.00 | 135 900.12 | 0.36 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28 | 200 000.00 | 212 933.97 | 0.56 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 90 000.00 | 99 683.76 | 0.26 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 40 000.00 | 47 229.85 | 0.12 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 75 000.00 | 84 524.22 | 0.22 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 90 000.00 | 99 446.64 | 0.26 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 20 000.00 | 21 493.86 | 0.06 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 100 000.00 | 109 621.18 | 0.29 |
| Total USD |  | 810 833.60 | 2.13 |
| Total Treasury-Notes, variabler Zins |  | 810 833.60 | 2.13 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  | 22 458 871.91 | 59.03 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Halbjahresbericht per 30. November 2019
| Bezeichnung	Anzahl/ | Bewertung in CHF | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden
Treasury-Notes, variabler Zins
| USD |  |
| --- | --- |
| USD | AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 90 000.00 | 100 535.72 | 0.27 |
| USD | AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 70 000.00 | 76 028.54 | 0.20 |
| USD | AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 80 000.00 | 89 117.94 | 0.23 |
| USD | AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 90 000.00 | 100 041.04 | 0.26 |
| Total USD |  |  | 365 723.24 | 0.96 |
| Total Treasury-Notes, variabler Zins | 365 723.24 | 0.96 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden | 365 723.24 | 0.96 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
Luxemburg
| EUR | UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC | 5 281.00 | 774 282.23 | 2.03 |
| --- | --- | --- | --- | --- |
| EUR | UBS (LUX) BOND SICAV - EUR CORPORATES (EUR) U-X-ACC | 281.00 | 3 818 629.18 | 10.04 |
| USD | UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC | 60.00 | 1 185 861.29 | 3.12 |
| USD | UBS (LUX) BOND SICAV - EMERGING ECONOMIES CORP (USD)-I-X-DIS | 7 450.00 | 794 026.05 | 2.09 |
| USD | UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC | 503.00 | 5 745 301.63 | 15.10 |
| USD | UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC | 169.00 | 2 302 273.37 | 6.05 |
| Total Luxemburg | 14 620 373.75 | 38.43 |
| Total Investment Fonds, open end | 14 620 373.75 | 38.43 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 14 620 373.75 | 38.43 |
| Total des Wertpapierbestandes | 37 444 968.90 | 98.42 |
| Devisenterminkontrakte |  |  |
| Devisenterminkontrakte (Kauf/Verkauf) |  |  |

| CHF | 6 588 177.95 | USD | 6 647 104.53 | 9.1.2020 | -31 215.08 | -0.08 |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 406 808.27 | CAD | 542 500.00 | 9.1.2020 | -77.11 | 0.00 |
| CHF | 2 116.87 | ZAR | 32 000.00 | 9.1.2020 | -45.68 | 0.00 |
| NOK | 7 238 431.89 | CHF | 785 597.18 | 9.1.2020 | -2 549.20 | -0.01 |
| GBP | 328 059.24 | CHF | 412 380.96 | 9.1.2020 | 10 907.69 | 0.03 |
| CHF | 594 831.39 | AUD | 884 795.77 | 9.1.2020 | -1 810.08 | 0.00 |
| CHF | 3 780 668.13 | EUR | 3 444 219.54 | 9.1.2020 | -12 669.02 | -0.03 |
| USD | 135 000.00 | CHF | 133 667.28 | 9.1.2020 | 769.91 | 0.00 |
| EUR | 62 000.00 | CHF | 68 183.32 | 9.1.2020 | 101.21 | 0.00 |
| EUR | 339 242.19 | NOK | 3 472 500.00 | 9.1.2020 | -2 029.75 | 0.00 |
| CAD | 494 021.24 | NOK | 3 472 500.00 | 9.1.2020 | -5 142.76 | -0.01 |
| AUD | 27 000.00 | CHF | 18 278.73 | 9.1.2020 | -71.91 | 0.00 |
| CAD | 48 000.00 | CHF | 36 387.22 | 9.1.2020 | -386.30 | 0.00 |
| CHF | 31 269.20 | GBP | 24 500.00 | 9.1.2020 | -342.69 | 0.00 |
| CHF | 31 168.67 | NOK | 290 000.00 | 9.1.2020 | -203.31 | 0.00 |
| EUR | 20 000.00 | CHF | 22 060.08 | 9.1.2020 | -32.81 | 0.00 |
| CHF | 18 303.73 | USD | 18 500.00 | 9.1.2020 | -119.14 | 0.00 |
| CHF | 585 595.41 | AUD | 857 005.68 | 15.1.2020 | 7 846.62 | 0.02 |
| GBP | 303 504.36 | CHF | 386 265.14 | 15.1.2020 | 5 244.28 | 0.01 |
| CAD | 715.45 | CHF | 537.39 | 15.1.2020 | -1.00 | 0.00 |
| CHF | 10 200.75 | JPY | 1 121 877.00 | 15.1.2020 | -33.84 | 0.00 |
| NZD | 1 000.00 | CHF | 634.02 | 15.1.2020 | 5.40 | 0.00 |
| CHF | 131.38 | NOK | 1 213.55 | 15.1.2020 | 0.15 | 0.00 |
| CHF | 6 747 920.66 | USD | 6 849 971.54 | 15.1.2020 | -70 715.57 | -0.18 |
| CHF | 3 429 035.90 | EUR | 3 112 820.07 | 15.1.2020 | 838.42 | 0.00 |
| IDR | 5 794 114 000.00 | USD | 409 159.95 | 16.1.2020 | -461.97 | 0.00 |
| USD | 421 116.87 | TWD | 12 767 000.00 | 16.1.2020 | 1 333.96 | 0.00 |
| INR | 28 336 000.00 | USD | 391 949.65 | 16.1.2020 | 1 507.61 | 0.00 |
| EUR | 86 000.00 | CHF | 94 334.43 | 9.1.2020 | 382.82 | 0.00 |
| EUR | 85 000.00 | CHF | 93 234.97 | 15.1.2020 | 376.86 | 0.00 |
| USD | 96 000.00 | CHF | 94 758.72 | 9.1.2020 | 841.06 | 0.00 |
| USD | 96 000.00 | CHF | 94 718.88 | 15.1.2020 | 841.97 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | -96 909.26 | -0.25 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 740 210.13 | 1.95 |
| Andere Aktiva und Passiva | -42 362.44 | -0.12 |
| Total des Nettovermögens | 38 045 907.33 | 100.00 |

UBS (Lux) Strategy SICAV – Fixed Income (CHF) Halbjahresbericht per 30. November 2019