# UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
| Most important figures |  |
| --- | --- |
|  | ISIN | 31.3.2020 | 30.9.2019 | 30.9.2018 |
| Net assets in EUR |  | 276 591 220.15 | 328 913 271.81 | 398 734 669.63 |
| Class I-A2-acc 1 | LU0423399384 |  |  |  |
| Shares outstanding |  | - | 15 048.7340 | 20 037.5960 |
| Net asset value per share in EUR |  | - | 109.93 | 108.17 |
| Issue and redemption price per share in EUR 2 |  | - | 109.93 | 108.17 |
| Class (CAD hedged) I-X-dist | LU0423402782 |  |  |  |
| Shares outstanding |  | 231 310.7990 | 200 843.8660 | 205 220.4740 |
| Net asset value per share in CAD |  | 99.59 | 111.78 | 109.24 |
| Issue and redemption price per share in CAD 2 |  | 99.59 | 111.78 | 109.24 |
| Class (USD hedged) I-X-dist 3 | LU1611256956 |  |  |  |
| Shares outstanding |  | - | - | 62 694.0780 |
| Net asset value per share in USD |  | - | - | 109.38 |
| Issue and redemption price per share in USD 2 |  | - | - | 109.38 |
| Class K-1-UKdist 4 | LU1240062015 |  |  |  |
| Shares outstanding |  | - | - | 3.7000 |
| Net asset value per share in EUR |  | - | - | 3 087 817.39 |
| Issue and redemption price per share in EUR 2 |  | - | - | 3 087 817.39 |
| Class N-6%-mdist | LU1121266784 |  |  |  |
| Shares outstanding |  | 101 208.7300 | 108 111.1550 | 115 825.9700 |
| Net asset value per share in EUR |  | 69.32 | 80.24 | 85.34 |
| Issue and redemption price per share in EUR 2 |  | 69.32 | 80.24 | 85.34 |
| Class N-acc | LU0423397842 |  |  |  |
| Shares outstanding |  | 23 885.2260 | 22 587.5120 | 27 633.3980 |
| Net asset value per share in EUR |  | 123.77 | 139.06 | 139.37 |
| Issue and redemption price per share in EUR 2 |  | 123.77 | 139.06 | 139.37 |
| Class P-acc | LU0197216558 |  |  |  |
| Shares outstanding |  | 15 013 005.2170 | 16 017 058.2640 | 19 142 095.5940 |
| Net asset value per share in EUR |  | 12.92 | 14.48 | 14.45 |
| Issue and redemption price per share in EUR 2 |  | 12.92 | 14.48 | 14.45 |
| Class (CAD hedged) P-acc | LU0218832045 |  |  |  |
| Shares outstanding |  | 971 588.0940 | 1 050 616.4490 | 1 455 789.5160 |
| Net asset value per share in CAD |  | 12.69 | 14.09 | 13.78 |
| Issue and redemption price per share in CAD 2 |  | 12.69 | 14.09 | 13.78 |
| Class (GBP hedged) P-acc | LU0678606244 |  |  |  |
| Shares outstanding |  | 1 261 852.8570 | 1 279 381.7290 | 1 438 550.7160 |
| Net asset value per share in GBP |  | 13.67 | 15.34 | 15.12 |
| Issue and redemption price per share in GBP 2 |  | 13.67 | 15.34 | 15.12 |
| Class Q-acc | LU0423398907 |  |  |  |
| Shares outstanding |  | 167 933.1890 | 175 222.2070 | 183 136.0010 |
| Net asset value per share in EUR |  | 146.17 | 163.03 | 160.99 |
| Issue and redemption price per share in EUR 2 |  | 146.17 | 163.03 | 160.99 |
| Class (CAD hedged) Q-acc | LU0423401628 |  |  |  |
| Shares outstanding |  | 28 597.7160 | 33 560.7960 | 30 533.7580 |
| Net asset value per share in CAD |  | 111.67 | 123.41 | 119.46 |
| Issue and redemption price per share in CAD 2 |  | 111.67 | 123.41 | 119.46 |
| Class (GBP hedged) Q-acc | LU1240794971 |  |  |  |
| Shares outstanding |  | 32 330.7110 | 29 919.4080 | 32 762.5430 |
| Net asset value per share in GBP |  | 108.30 | 120.86 | 117.94 |
| Issue and redemption price per share in GBP 2 |  | 108.30 | 120.86 | 117.94 |
| 1  The share class I-A2-acc was in circulation until 22.10.2019 2  See note 1 3  The share class (USD hedged) I-X-dist was in circulation until 13.2.2019 4  The share class K-1-UKdist was in circulation until 26.3.2019 |  |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
United States	45.86
Luxembourg	5.80
France	5.10
Germany	4.74
United Kingdom	4.68
Canada	4.14
Australia	4.08
Italy	2.84
The Netherlands	2.73
Japan	2.72
Switzerland	2.68
Finland	1.14
Denmark	1.06
Norway	0.90
Sweden	0.74
Cayman Islands	0.48
Belgium	0.43
China	0.41
Hong Kong	0.41
Spain	0.41
Portugal	0.24
Ireland	0.20
Bermuda	0.19
Austria	0.15
Mexico	0.13
United Arab Emirates	0.13
Total	92.39
Economic Breakdown as a % of net assets	
Countries & central governments	31.50
Internet, software & IT services	11.01
Investment funds	5.80
Pharmaceuticals, cosmetics & medical products	5.34
Banks & credit institutions	4.31
Finance & holding companies	3.76
Retail trade, department stores	3.64
Electronics & semiconductors	3.35
Insurance	2.89
Food & soft drinks	2.29
Telecommunications	2.00
Computer hardware & network equipment providers	1.59
Petroleum	1.20
Biotechnology	1.11
Chemicals	1.08
Mechanical engineering & industrial equipment	1.05
Energy & water supply	0.97
Tobacco & alcohol	0.93
Miscellaneous consumer goods	0.84
Textiles, garments & leather goods	0.79
Building industry & materials	0.66
Electrical devices & components	0.63
Traffic & transportation	0.60
Public, non-profit institutions	0.59
Healthcare & social services	0.58
Graphic design, publishing & media	0.53
Real Estate	0.52
Non-ferrous metals	0.45
Miscellaneous services	0.44
Vehicles	0.42
Environmental services & recycling	0.31
Miscellaneous trading companies	0.21
Cantons, federal states	0.20
Various capital goods	0.20
Rubber & tyres	0.17
Lodging, catering & leisure	0.14
Agriculture & fishery	0.13
Aerospace industry	0.12
Packaging industry	0.04
Total	92.39
UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020

## Statement of Net Assets
Assets	31.3.2020
EUR
Investments in securities, cost	247 384 068.66
Investments in securities, unrealized appreciation (depreciation)		8 151 745.85	 Total investments in securities (Note 1)			255 535 814.51
Cash at banks, deposits on demand and deposit accounts	9 622 588.62*
Other liquid assets (Margins)	11 520 480.07
Receivable on securities sales (Note 1)	1 125 846.52
Receivable on subscriptions	67 410.68
Interest receivable on securities	604 106.12
Interest receivable on liquid assets	2 098.38
Receivable on dividends	288 058.40
Other receivables	125 940.82
Unrealized gain (loss) on financial futures (Note 1)	997 678.47
Unrealized gain (loss) on forward foreign exchange contracts (Note 1)	-732 263.77
Total Assets	278 177 514.27
Liabilities
Unrealized gain (loss) on swaps (Note 1)	-980 244.55
Interest payable on bank overdraft	-2 982.95
Payable on securities purchases (Note 1)	-591 141.04
Payable on redemptions	-726 703.90
Provisions for flat fee (Note 2)	-216 566.59
Provisions for taxe d’abonnement (Note 3)	-31 178.58
Provisions for other commissions and fees (Note 2)		-17 721.06		 Total provisions			-265 466.23
Total Liabilities	-1 586 294.12
Net assets at the end of the period	276 591 220.15

## Statement of Operations
Income	1.10.2019-31.3.2020
EUR
Interest on liquid assets	24 315.02
Interest on securities	1 287 938.15
Dividends (Note 1)	1 025 022.23
Interest received on swaps (Note 1)	411 917.60
Income on securities lending (Note 12)	79 771.22
Total income	2 839 270.41
Expenses
Other income (Note 4)	10 306.19
Interest paid on swaps (Note 1)	-25 284.43
Flat fee (Note 2)	-3 004 985.80
Taxe d’abonnement (Note 3)	-67 941.63
Cost on securities lending (Note 12)	-31 908.49
Other commissions and fees (Note 2)	-48 865.59
Net income (loss) on investments	-349 518.99
Total expenses	-3 188 789.40
Interest on cash and bank overdraft	-9 803.46
Realized gain (loss) (Note 1)
Realized gain (loss) on market-priced securities without options	7 261 428.99
Realized gain (loss) on yield-evaluated securities and money market instruments		-1 318.18 Realized gain (loss) on financial futures	-3 277 550.27
Realized gain (loss) on forward foreign exchange contracts	-9 976 113.11
Realized gain (loss) on swaps	-415 536.91
Total realized gain (loss)	-5 208 375.30
Net realized gain (loss) of the period	-5 557 894.29
Changes in unrealized appreciation (depreciation) (Note 1)
Realized gain (loss) on foreign exchange	1 200 714.18
Unrealized appreciation (depreciation) on market-priced securities without options	-36 017 107.32
Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments	-169 588.95
Unrealized appreciation (depreciation) on financial futures	982 795.34
Unrealized appreciation (depreciation) on forward foreign exchange contracts	6 804 981.73
Total changes in unrealized appreciation (depreciation)	-30 461 535.96
Net increase (decrease) in net assets as a result of operations	-36 019 430.25
Unrealized appreciation (depreciation) on swaps	-2 062 616.76
* As at 31 March 2020, cash amounts serve as collateral for the counterparty Goldman Sachs for an amount of EUR 300 751.88.
UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | EUR |
|  | 1.10.2019-31.3.2020 |
| Net assets at the beginning of the period | 328 913 271.81 |
| Subscriptions | 15 066 165.84 |
| Redemptions | 	-30 785 396.50	 |
| Total net subscriptions (redemptions) | -15 719 230.66 |
| Dividend paid | -583 390.75 |
| Net income (loss) on investments | -349 518.99 |
| Total realized gain (loss) | -5 208 375.30 |
| Total changes in unrealized appreciation (depreciation) | 	-30 461 535.96	 |
| Net increase (decrease) in net assets as a result of operations | -36 019 430.25 |
| Net assets at the end of the period | 276 591 220.15 |
| Changes in the Number of Shares outstanding |  |
|  | 1.10.2019-31.3.2020 |
| Class | I-A2-acc |
| Number of shares outstanding at the beginning of the period | 15 048.7340 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -15 048.7340 |
| Number of shares outstanding at the end of the period | 0.0000 |
| Class | (CAD hedged) I-X-dist |
| Number of shares outstanding at the beginning of the period | 200 843.8660 |
| Number of shares issued | 30 904.2090 |
| Number of shares redeemed | -437.2760 |
| Number of shares outstanding at the end of the period | 231 310.7990 |
| Class | N-6%-mdist |
| Number of shares outstanding at the beginning of the period | 108 111.1550 |
| Number of shares issued | 19 410.3350 |
| Number of shares redeemed | -26 312.7600 |
| Number of shares outstanding at the end of the period | 101 208.7300 |
| Class | N-acc |
| Number of shares outstanding at the beginning of the period | 22 587.5120 |
| Number of shares issued | 4 162.2940 |
| Number of shares redeemed | -2 864.5800 |
| Number of shares outstanding at the end of the period | 23 885.2260 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 16 017 058.2640 |
| Number of shares issued | 374 522.3490 |
| Number of shares redeemed | -1 378 575.3960 |
| Number of shares outstanding at the end of the period | 15 013 005.2170 |
| Class | (CAD hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 1 050 616.4490 |
| Number of shares issued | 16 233.8720 |
| Number of shares redeemed | -95 262.2270 |
| Number of shares outstanding at the end of the period | 971 588.0940 |
| Class | (GBP hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 1 279 381.7290 |
| Number of shares issued | 31 333.0580 |
| Number of shares redeemed | -48 861.9300 |
| Number of shares outstanding at the end of the period | 1 261 852.8570 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the period | 175 222.2070 |
| Number of shares issued | 22 678.7170 |
| Number of shares redeemed | -29 967.7350 |
| Number of shares outstanding at the end of the period | 167 933.1890 |
| Class | (CAD hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 33 560.7960 |
| Number of shares issued | 160.0000 |
| Number of shares redeemed | -5 123.0800 |
| Number of shares outstanding at the end of the period | 28 597.7160 |
| Class | (GBP hedged) Q-acc |
| Number of shares outstanding at the beginning of the period | 29 919.4080 |
| Number of shares issued | 2 636.3030 |
| Number of shares redeemed | -225.0000 |
| Number of shares outstanding at the end of the period | 32 330.7110 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
| Annual Distribution 1 |  |
| --- | --- |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Currency | Amount per share |
| (CAD hedged) I-X-dist | 2.12.2019 | 5.12.2019 | CAD | 2.39 |
| Monthly Distribution 1 |  |  |  |  |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Currency | Amount per share |
| N-6%-mdist | 10.10.2019 | 15.10.2019 | EUR | 0.40 |
| N-6%-mdist | 11.11.2019 | 14.11.2019 | EUR | 0.40 |
| N-6%-mdist | 10.12.2019 | 13.12.2019 | EUR | 0.40 |
| N-6%-mdist | 10.1.2020 | 15.1.2020 | EUR | 0.41 |
| N-6%-mdist | 10.2.2020 | 13.2.2020 | EUR | 0.40 |
| N-6%-mdist | 10.3.2020 | 13.3.2020 | EUR | 0.38 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020

## Statement of Investments in Securities and other Net Assets as of 31 March 2020
| 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 |  |  |  |
| Bearer shares |  |  |  |
| Austria |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 25 240.00 | 426 177.40 | 0.15 |
| Total Austria |  | 426 177.40 | 0.15 |
| Bermuda |  |  |  |
| USD	MARVELL TECH GROUP COM USD0.002 | 25 814.00 | 532 395.37 | 0.19 |
| Total Bermuda |  | 532 395.37 | 0.19 |
| Canada |  |  |  |
| USD	WASTE CONNECTIONS COM NPV (POST REV SPLT) | 4 922.00 | 347 646.39 | 0.13 |
| Total Canada |  | 347 646.39 | 0.13 |
| Denmark |  |  |  |
| DKK	GENMAB AS DKK1 (BEARER) | 3 278.00 | 604 891.24 | 0.22 |
| Total Denmark |  | 604 891.24 | 0.22 |
| France |  |  |  |
| EUR	AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 9 169.00 | 1 069 563.85 | 0.39 |
| EUR	AXA EUR2.29 | 58 629.00 | 925 634.65 | 0.34 |
| EUR	CREDIT AGRICOLE SA EUR3 | 60 737.00 | 406 330.53 | 0.15 |
| EUR	DANONE EUR0.25 | 17 514.00 | 1 027 020.96 | 0.37 |
| EUR	EIFFAGE EUR4 | 10 115.00 | 652 417.50 | 0.24 |
| EUR	LEGRAND SA EUR4 | 12 638.00 | 739 070.24 | 0.27 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 2 149.00 | 727 329.05 | 0.26 |
| EUR	PERNOD RICARD EUR1.55 | 6 891.00 | 892 039.95 | 0.32 |
| EUR	SAFRAN EUR0.20 | 2 121.00 | 169 976.94 | 0.06 |
| EUR	SCHNEIDER ELECTRIC EUR8 | 12 812.00 | 1 006 766.96 | 0.36 |
| EUR	TELEPERFORMANCE EUR2.50 | 4 691.00 | 890 351.80 | 0.32 |
| EUR	VINCI EUR2.50 | 8 270.00 | 623 558.00 | 0.23 |
| EUR	WORLDLINE EUR0.68 | 14 651.00 | 786 758.70 | 0.28 |
| Total France |  | 9 916 819.13 | 3.59 |
| Germany |  |  |  |
| EUR	CANCOM SE NPV | 10 220.00 | 398 988.80 | 0.14 |
| EUR	CONTINENTAL AG ORD NPV | 7 350.00 | 482 233.50 | 0.18 |
| EUR	SAP AG ORD NPV | 18 007.00 | 1 851 119.60 | 0.67 |
| Total Germany |  | 2 732 341.90 | 0.99 |
| Hong Kong |  |  |  |
| HKD	AIA GROUP LTD NPV | 137 200.00 | 1 131 681.10 | 0.41 |
| Total Hong Kong |  | 1 131 681.10 | 0.41 |
| Italy |  |  |  |
| EUR	BANCA MEDIOLANUM NPV | 104 824.00 | 487 431.60 | 0.18 |
| EUR	INFRASTRUTTURE WIR NPV | 73 988.00 | 731 001.44 | 0.26 |
| Total Italy |  | 1 218 433.04 | 0.44 |
| Japan |  |  |  |
| JPY	TECHNOPRO HLDGS IN NPV | 12 000.00 | 513 618.73 | 0.19 |
| Total Japan |  | 513 618.73 | 0.19 |
| The Netherlands |  |  |  |
| EUR	ASR NEDERLAND N.V. EUR0.16 | 30 498.00 | 700 234.08 | 0.25 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 44 740.00 | 952 290.90 | 0.35 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 34 596.00 | 1 277 111.34 | 0.46 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 5 985.00 | 452 345.45 | 0.16 |
| Total The Netherlands |  | 3 381 981.77 | 1.22 |
| Spain |  |  |  |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 65 330.00 | 586 924.72 | 0.21 |
| Total Spain |  | 586 924.72 | 0.21 |
| Sweden |  |  |  |
| SEK	LUNDIN PETROLEUM A NPV | 13 452.00 | 235 723.78 | 0.08 |
| Total Sweden |  | 235 723.78 | 0.08 |
| United Kingdom |  |  |  |
| GBP	ASTRAZENECA ORD USD0.25 | 21 353.00 | 1 741 221.45 | 0.63 |
| GBP	BABCOCK INTL GROUP ORD GBP0.60 | 146 084.00 | 632 596.43 | 0.23 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 33 872.00 | 1 056 066.16 | 0.38 |
| USD	LIVANOVA PLC ORD GBP1.00 (DI) | 11 300.00 | 466 005.92 | 0.17 |
| GBP	SAGE GROUP GBP0.01051948 | 123 690.00 | 827 195.44 | 0.30 |
| GBP	SOFTCAT PLC ORD GBP0.0005 (WI) | 25 473.00 | 298 509.00 | 0.11 |
| GBP	SPECTRIS ORD GBP0.05 | 18 489.00 | 513 563.19 | 0.19 |
| EUR	UNILEVER EUR0.16 | 36 758.00 | 1 646 942.19 | 0.59 |
| Total United Kingdom |  | 7 182 099.78 | 2.60 |
| United States |  |  |  |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 8 835.00 | 1 630 922.08 | 0.59 |
| USD	BIO RAD LABS INC CL A | 2 426.00 | 775 081.85 | 0.28 |
| USD	COHERUS BIOSCIENCE COM USD0.0001 | 12 327.00 | 182 222.77 | 0.07 |
| USD	CREE INC COM | 9 059.00 | 292 761.12 | 0.11 |
| USD	DIGITAL REALTY TRU COM STK USD0.01 | 3 658.00 | 463 096.63 | 0.17 |
| USD	F M C CORP COM NEW | 5 706.00 | 424 810.33 | 0.15 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | HUBSPOT INC COM USD0.001 | 3 330.00 | 404 212.99 | 0.15 |
| USD | IAC INTERACTIVECOR COM USD0.001 | 3 604.00 | 588 694.39 | 0.21 |
| USD | INCYTE CORPORATION COM USD0.001 | 8 323.00 | 555 473.49 | 0.20 |
| USD | IRONWOOD PHARMACEU COM CL A USD0.001 | 40 487.00 | 372 306.98 | 0.13 |
| USD | JOHNSON & JOHNSON COM USD1 | 17 729.00 | 2 118 754.86 | 0.77 |
| USD | MADISON SQUARE GAR CLASS A USD0.01 | 2 949.00 | 568 191.47 | 0.20 |
| USD | MARSH & MCLENNAN COM USD1 | 7 693.00 | 606 185.26 | 0.22 |
| USD | MIRATI THERAPEUTIC COM NPV | 4 035.00 | 282 679.84 | 0.10 |
| USD | MSA SAFETY INC COM NPV | 5 023.00 | 463 274.19 | 0.17 |
| USD | PEPSICO INC CAP USD0.016666 | 9 017.00 | 986 959.85 | 0.36 |
| USD | PTC INC COM USD0.01 | 6 777.00 | 378 054.38 | 0.14 |
| USD | QORVO INC COM USD 0.0001 | 4 876.00 | 358 306.57 | 0.13 |
| USD | TAKE TWO INTERACTI COM USD0.01 | 6 306.00 | 681 662.94 | 0.25 |
| USD | THOR INDS INC COM | 8 978.00 | 345 128.31 | 0.12 |
| USD | TRANSUNION COM USD0.01 | 6 067.00 | 365 927.60 | 0.13 |
| USD | TRIMBLE INC COM NPV | 11 818.00 | 342 827.01 | 0.12 |
| USD | UNIVERSAL DISPLAY COM USD0.01 | 3 098.00 | 372 070.57 | 0.13 |
| USD | VMWARE INC COM STK USD0.01 CLASS ‘A’ | 3 848.00 | 424 691.55 | 0.15 |
| USD | WAYFAIR INC COM USD0.001 A | 8 924.00 | 434 630.72 | 0.16 |
| Total United States |  | 14 418 927.75 | 5.21 |
| Total Bearer shares |  | 43 229 662.10 | 15.63 |
| Preference shares |  |  |  |
| Germany |  |  |  |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 9 062.00 | 663 338.40 | 0.24 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 3 497.00 | 373 619.48 | 0.13 |
| Total Germany |  | 1 036 957.88 | 0.37 |
| Total Preference shares |  | 1 036 957.88 | 0.37 |
| Registered shares |  |  |  |
| Belgium |  |  |  |
| EUR	KBC GROUP NV NPV	28 049.00 | 1 178 618.98 | 0.43 |
| Total Belgium | 1 178 618.98 | 0.43 |
| Denmark |  |  |  |  |
| DKK | H.LUNDBECK A/S DKK5 | 23 467.00 | 634 619.11 | 0.23 |
| DKK | NOVO-NORDISK AS DKK0.2 SER’B’ | 31 044.00 | 1 702 137.49 | 0.61 |
| Total Denmark	2 336 756.60	0.84 |
| Finland |  |  |  |  |
| EUR | NESTE OIL OYJ NPV | 27 460.00 | 847 141.00 | 0.31 |
| SEK | NORDEA HOLDING ABP NPV | 81 050.00 | 418 102.33 | 0.15 |
| EUR | SAMPO OYJ SER’A’NPV | 70 861.00 | 1 886 319.82 | 0.68 |
| Total Finland	3 151 563.15	1.14 |
| Germany |  |  |  |  |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 3 409.00 | 534 803.92 | 0.19 |
| EUR | BAYER AG NPV (REGD) | 8 323.00 | 439 870.55 | 0.16 |
| EUR | HUGO BOSS AG NPV (REGD) | 9 705.00 | 224 282.55 | 0.08 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 4 052.00 | 745 973.20 | 0.27 |
| Total Germany	1 944 930.22	0.70 |
| Ireland |  |  |  |  |
| EUR | CRH ORD EUR0.32 | 21 827.00 | 542 400.95 | 0.20 |
| Total Ireland |  | 542 400.95 | 0.20 |
| Italy |  |  |  |
| EUR	ENEL EUR1 | 168 277.00 | 1 066 707.90 | 0.39 |
| EUR	MEDIOBANCA SPA EUR0.5 | 67 560.00 | 339 691.68 | 0.12 |
| EUR	MONCLER SPA NPV | 18 569.00 | 618 162.01 | 0.22 |
| Total Italy |  | 2 024 561.59 | 0.73 |
| Japan |  |  |  |
| JPY	HOYA CORP NPV | 9 200.00 | 714 541.25 | 0.26 |
| JPY	ITOCHU CORP NPV | 31 100.00 | 588 768.40 | 0.21 |
| JPY	NINTENDO CO LTD NPV | 2 500.00 | 878 191.79 | 0.32 |
| JPY	NIPPON TEL&TEL CP NPV | 33 300.00 | 724 031.46 | 0.26 |
| JPY	ORIX CORP NPV | 69 000.00 | 757 549.64 | 0.27 |
| JPY	SOFTBANK GROUP CO NPV | 25 700.00 | 821 854.13 | 0.30 |
| JPY	SONY CORP NPV | 19 500.00 | 1 057 033.94 | 0.38 |
| JPY	TAKEDA PHARMACEUTI NPV | 34 800.00 | 971 843.64 | 0.35 |
| JPY	WEST JAPAN RAILWAY NPV | 8 000.00 | 499 503.50 | 0.18 |
| Total Japan |  | 7 013 317.75 | 2.53 |
| The Netherlands |  |  |  |
| EUR	ASML HOLDING NV EUR0.09 | 5 975.00 | 1 448 638.75 | 0.52 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 7 673.00 | 794 155.50 | 0.29 |
| EUR	PROSUS N.V. EUR0.05 | 22 582.00 | 1 426 053.30 | 0.52 |
| Total The Netherlands |  | 3 668 847.55 | 1.33 |
| Norway |  |  |  |
| NOK	DNB ASA NOK10 | 45 733.00 | 463 393.92 | 0.17 |
| NOK	EQUINOR ASA NOK2.50 | 145 169.00 | 1 652 364.79 | 0.60 |
| NOK	MOWI ASA NOK7.50 | 26 565.00 | 365 774.69 | 0.13 |
| Total Norway |  | 2 481 533.40 | 0.90 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Portugal |  |  |  |  |
| EUR | EDP ENERGIAS PORTU EUR1(REGD) | 182 402.00 | 667 226.52 | 0.24 |
| Total Portugal	667 226.52	0.24 |
| Sweden |  |  |  |  |
| SEK | SANDVIK AB NPV (POST SPLIT) | 52 819.00 | 686 278.18 | 0.25 |
| SEK | SWEDISH MATCH NPV | 11 818.00 | 617 467.19 | 0.22 |
| SEK | TELE2 AB SHS | 41 547.00 | 509 820.23 | 0.19 |
| Total Sweden |  | 1 813 565.60 | 0.66 |
| Switzerland |  |  |  |
| CHF	ALCON AG CHF0.04 | 17 353.00 | 806 318.60 | 0.29 |
| CHF	NESTLE SA CHF0.10(REGD) | 27 758.00 | 2 600 243.10 | 0.94 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 27 144.00 | 2 041 595.78 | 0.74 |
| CHF	SIKA AG CHF0.01 (REG) | 1 697.00 | 255 674.30 | 0.09 |
| CHF	SOFTWAREONE HLD AG CHF0.01 | 24 571.00 | 440 204.36 | 0.16 |
| CHF	ZURICH INSURANCE GRP CHF0.10 | 2 675.00 | 865 256.90 | 0.31 |
| Total Switzerland |  | 7 009 293.04 | 2.53 |
| United Kingdom |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 6 930.00 | 174 637.17 | 0.06 |
| GBP	ANGLO AMERICAN USD0.54945 | 38 399.00 | 614 616.79 | 0.22 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 37 364.00 | 745 451.97 | 0.27 |
| GBP	AVAST PLC ORD GBP0.10 (WI) | 161 095.00 | 716 168.15 | 0.26 |
| GBP	PRUDENTIAL ORD GBP0.05 | 35 591.00 | 416 474.95 | 0.15 |
| GBP	RIO TINTO ORD GBP0.10 | 14 850.00 | 624 011.83 | 0.23 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 26 955.00 | 436 956.78 | 0.16 |
| Total United Kingdom |  | 3 728 317.64 | 1.35 |
| United States |  |  |  |
| USD	10X GENOMICS INC COM USD0.00001 CLASS A | 4 070.00 | 231 161.90 | 0.08 |
| USD	ABBOTT LABS COM | 9 074.00 | 652 567.19 | 0.24 |
| USD	ADOBE INC COM USD0.0001 | 640.00 | 185 621.87 | 0.07 |
| USD	AGCO CORP COM USD0.01 | 11 130.00 | 479 282.30 | 0.17 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 8 827.00 | 722 329.76 | 0.26 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 2 508.00 | 2 655 885.71 | 0.96 |
| USD	AMAZON COM INC COM USD0.01 | 3 048.00 | 5 416 036.97 | 1.96 |
| USD	AMERIPRISE FINL INC COM | 6 926.00 | 646 868.52 | 0.23 |
| USD	AMGEN INC COM USD0.0001 | 1 354.00 | 250 167.62 | 0.09 |
| USD	ANALOG DEVICES INC COM | 6 783.00 | 554 200.00 | 0.20 |
| USD	APPLE INC COM NPV | 12 006.00 | 2 782 415.80 | 1.01 |
| USD	AUTODESK INC COM USD0.01 | 4 801.00 | 683 013.08 | 0.25 |
| USD	BK OF AMERICA CORP COM USD0.01 | 49 173.00 | 951 417.44 | 0.34 |
| USD	CATERPILLAR INC DEL COM | 3 328.00 | 351 953.63 | 0.13 |
| USD	CISCO SYSTEMS COM USD0.001 | 11 360.00 | 406 982.55 | 0.15 |
| USD	COMCAST CORP COM CLS’A’ USD0.01 | 22 458.00 | 703 673.77 | 0.25 |
| USD	COOPER COS INC COM USD0.10 | 2 364.00 | 593 924.70 | 0.21 |
| USD	CROWN CASTLE INTL COM USD0.01 | 4 100.00 | 539 567.10 | 0.19 |
| USD	DELTA AIRLINES INC COM USD0.0001 | 18 640.00 | 484 665.48 | 0.18 |
| USD	DOLLAR GENERAL CP COM USD0.875 | 6 197.00 | 852 867.60 | 0.31 |
| USD	DOLLAR TREE INC | 17 202.00 | 1 151 816.76 | 0.42 |
| USD	ELANCO ANIMAL HEAL COM NPV | 35 687.00 | 728 213.20 | 0.26 |
| USD	FACEBOOK INC COM USD0.000006 CL ‘A’ | 10 493.00 | 1 595 108.13 | 0.58 |
| USD	FIDELITY NATL INF COM STK USD0.01 | 17 862.00 | 1 980 162.84 | 0.72 |
| USD	GODADDY INC COM CL A USD0.001 | 14 396.00 | 749 287.36 | 0.27 |
| USD	HESS CORPORATION COM USD1 | 19 629.00 | 595 712.64 | 0.22 |
| USD	INGERSOLL RAND INC COM USD1.00 | 33 236.00 | 751 198.72 | 0.27 |
| USD	LAB CORP AMER HLDG COM USD0.1 | 3 014.00 | 347 176.54 | 0.13 |
| USD	LIVERAMP HOLDINGS COM USD0.10 | 16 868.00 | 506 078.44 | 0.18 |
| USD	LKQ CORP COM | 23 435.00 | 438 051.36 | 0.16 |
| USD	LOWE’S COS INC COM USD0.50 | 10 755.00 | 843 442.92 | 0.30 |
| USD	MASTERCARD INC COM USD0.0001 CLASS ‘A’ | 6 324.00 | 1 392 230.98 | 0.50 |
| USD	MICRON TECHNOLOGY COM USD0.10 | 12 638.00 | 484 442.27 | 0.18 |
| USD	MICROSOFT CORP COM USD0.0000125 | 44 207.00 | 6 353 963.06 | 2.30 |
| USD	MOHAWK INDS COM USD0.01 | 7 892.00 | 548 358.24 | 0.20 |
| USD	MONDELEZ INTL INC COM USD0.01 | 37 887.00 | 1 729 214.82 | 0.63 |
| USD	NETFLIX INC COM USD0.001 | 3 235.00 | 1 107 079.06 | 0.40 |
| USD	NIKE INC CLASS’B’COM NPV | 8 049.00 | 606 948.52 | 0.22 |
| USD	PALO ALTO NETWORKS COM USD0.0001 | 4 080.00 | 609 666.71 | 0.22 |
| USD	REYNOLDS CONSUMER COM USD0.001 | 3 733.00 | 99 240.47 | 0.04 |
| USD	SALESFORCE.COM INC COM USD0.001 | 9 666.00 | 1 268 362.43 | 0.46 |
| USD	SERVICENOW INC COM USD0.001 | 3 110.00 | 812 270.49 | 0.29 |
| USD	SPIRIT AEROSYSTEMS COM STK USD0.01 CLASS ‘A’ | 14 843.00 | 323 712.00 | 0.12 |
| USD	STARBUCKS CORP COM USD0.001 | 6 679.00 | 400 161.73 | 0.14 |
| USD	STERICYCLE INC COM | 11 807.00 | 522 746.93 | 0.19 |
| USD	SYNCHRONY FINANCIA COM USD0.001 | 28 568.00 | 418 919.23 | 0.15 |
| USD	TJX COS INC COM USD1 | 25 522.00 | 1 112 059.08 | 0.40 |
| USD	TWITTER INC COM USD0.000005 | 26 807.00 | 600 027.27 | 0.22 |
| USD	UNION PACIFIC CORP COM USD2.50 | 5 235.00 | 672 904.44 | 0.24 |
| USD	UNITED RENTALS INC COM | 2 496.00 | 234 074.64 | 0.08 |
| USD	UNITEDHEALTH GRP COM USD0.01 | 3 036.00 | 690 013.83 | 0.25 |
| USD	VISA INC COM STK USD0.0001 | 12 530.00 | 1 839 903.03 | 0.67 |
| USD	WALT DISNEY CO. DISNEY COM USD0.01 | 15 621.00 | 1 375 245.93 | 0.50 |
| USD	WELLS FARGO & CO COM USD1 2/3 | 38 586.00 | 1 009 266.99 | 0.36 |
| USD	WESTERN DIGITAL CORP COM | 9 271.00 | 351 660.08 | 0.13 |
| USD	ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 6 155.00 | 567 006.06 | 0.19 |
| Total United States |  | 54 960 330.19 | 19.87 |
| Total Registered shares |  | 92 521 263.18 | 33.45 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
| Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Depository receipts |  |  |  |
| China |  |  |  |
| USD	ALIBABA GROUP HLDG SPON ADS EACH REP ONE ORD-ADR | 3 900.00 | 691 248.12 | 0.25 |
| USD	NETEASE INC ADR REP 25 COM USD0.0001 | 900.00 | 263 261.79 | 0.09 |
| USD	TENCENT HLDGS LIMI UNSP ADR EACH REP 1 ORD | 4 179.00 | 186 964.78 | 0.07 |
| Total China |  | 1 141 474.69 | 0.41 |
| Spain |  |  |  |
| USD	GRIFOLS SA SPON ADR EA REPR 1 ORD | 29 200.00 | 535 965.36 | 0.19 |
| Total Spain |  | 535 965.36 | 0.19 |
| Switzerland |  |  |  |
| USD	NOVARTIS A G SPONSORED ADR | 5 400.00 | 405 768.97 | 0.15 |
| Total Switzerland |  | 405 768.97 | 0.15 |
| United Kingdom |  |  |  |
| USD	GLAXOSMITHKLINE PLC SPONSORED ADR | 21 400.00 | 738 980.18 | 0.27 |
| Total United Kingdom |  | 738 980.18 | 0.27 |
| Total Depository receipts |  | 2 822 189.20 | 1.02 |
| Notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 5.50000% 11-21.04.23 | 1 200 000.00 | 776 081.07 | 0.28 |
| AUD	NEW SOUTH WALES TREASURY CORP 4.00000% 13-20.04.23 | 1 300 000.00 | 798 710.61 | 0.29 |
| Total AUD |  | 1 574 791.68 | 0.57 |
| GBP |  |  |  |
| GBP	BRITISH TELECOMMUNICATIONS PLC 5.75000% 99-07.12.28 | 500 000.00 | 679 324.21 | 0.25 |
| Total GBP |  | 679 324.21 | 0.25 |
| USD |  |  |  |
| USD	ABBVIE INC 2.90000% 13-06.11.22 | 400 000.00 | 368 521.01 | 0.13 |
| USD	APPLE INC 2.40000% 13-03.05.23 | 400 000.00 | 380 059.39 | 0.14 |
| USD	E.ON INTERNATIONAL FINANCE BV-REG-S 6.65000% 08-30.04.38 | 400 000.00 | 502 593.75 | 0.18 |
| USD	GOLDMAN SACHS GROUP INC 3.62500% 13-22.01.23 | 400 000.00 | 374 106.83 | 0.14 |
| USD	INTERNATIONAL BUSINESS MACHINES CORP 3.37500% 13-01.08.23 | 500 000.00 | 479 605.65 | 0.17 |
| USD	TAQA ABU DHABI NATIONAL ENERGY CO-REG-S 3.62500% 12-12.01.23 | 400 000.00 | 362 506.27 | 0.13 |
| USD	TIME WARNER CABLE LLC 4.00000% 11-01.09.21 | 500 000.00 | 456 586.19 | 0.17 |
| USD	TOTAL CAPITAL CANADA LTD 2.75000% 13-15.07.23 | 400 000.00 | 369 466.14 | 0.13 |
| USD	VERIZON COMMUNICATIONS INC 4.01600% 19-03.12.29 | 400 000.00 | 409 425.13 | 0.15 |
| USD	WALMART INC 6.50000% 07-15.08.37 | 500 000.00 | 646 870.49 | 0.23 |
| Total USD |  | 4 349 740.85 | 1.57 |
| Total Notes, fixed rate |  | 6 603 856.74 | 2.39 |
| Medium term notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	WELLS FARGO & CO-REG-S 2.62500% 12-16.08.22 | 400 000.00 | 406 637.60 | 0.15 |
| Total EUR |  | 406 637.60 | 0.15 |
| GBP |  |  |  |
| GBP	BANK OF AMERICA CORP-REG-S 2.30000% 16-25.07.25 | 1 000 000.00 | 1 092 423.95 | 0.39 |
| Total GBP |  | 1 092 423.95 | 0.39 |
| USD |  |  |  |
| USD	SUN HUNG KAI PROPERTIES LTD-REG-S 4.50000% 12-14.02.22 | 1 000 000.00 | 956 418.32 | 0.35 |
| Total USD |  | 956 418.32 | 0.35 |
| Total Medium term notes, fixed rate |  | 2 455 479.87 | 0.89 |
| Medium term notes, floating rate |  |  |  |
| GBP |  |  |  |
| GBP	IMPERIAL BRANDS FIN-REG-S 9.000%/RATING LINKED 09-17.02.22 | 500 000.00 | 620 066.54 | 0.22 |
| Total GBP |  | 620 066.54 | 0.22 |
| Total Medium term notes, floating rate |  | 620 066.54 | 0.22 |
| Bonds, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 2.75000% 12-21.04.24 | 4 000 000.00 | 2 448 378.50 | 0.89 |
| AUD	AUSTRALIA-REG-S 2.25000% 16-21.05.28 | 1 350 000.00 | 847 578.39 | 0.31 |
| AUD	AUSTRALIA-REG-S 2.75000% 14-21.06.35 | 1 720 000.00 | 1 174 438.30 | 0.42 |
| AUD	AUSTRALIA-REG-S 2.75000% 16-21.11.27 | 2 350 000.00 | 1 520 978.97 | 0.55 |
| AUD	AUSTRALIA-REG-S 3.00000% 16-21.03.47 | 1 150 000.00 | 832 684.75 | 0.30 |
| AUD	AUSTRALIA-REG-S 3.25000% 13-21.04.25 | 2 350 000.00 | 1 496 007.51 | 0.54 |
| AUD	QUEENSLAND TREASURY CORP 6.00000% 11-21.07.22 | 50 000.00 | 31 325.97 | 0.01 |
| AUD	QUEENSLAND TREASURY CORP-REG-S 4.25000% 12-21.07.23 | 850 000.00 | 529 023.44 | 0.19 |
| AUD	TREASURY CORP OF VICTORIA 6.00000% 03-17.10.22 | 1 300 000.00 | 823 967.39 | 0.30 |
| Total AUD |  | 9 704 383.22 | 3.51 |
| CAD |  |  |  |
| CAD	CANADA, GOVERNMENT 0.75000% 16-01.09.21 | 2 100 000.00 | 1 349 750.56 | 0.49 |
| CAD	CANADA, GOVERNMENT 0.50000% 16-01.03.22 | 2 100 000.00 | 1 345 609.12 | 0.48 |
| CAD	CANADA, GOVERNMENT 2.75000% 14-01.12.64 | 900 000.00 | 855 868.87 | 0.31 |
| CAD	CANADA, GOVERNMENT 2.75000% 14-01.12.48 | 1 000 000.00 | 856 719.82 | 0.31 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| CAD | CANADA, GOVERNMENT 2.25000% 14-01.06.25 | 1 800 000.00 | 1 248 509.72 | 0.45 |
| CAD | CANADA, GOVERNMENT 3.25000% 10-01.06.21 | 4 400 000.00 | 2 908 821.22 | 1.05 |
| CAD | CANADA, GOVERNMENT 3.50000% 11-01.12.45 | 1 150 000.00 | 1 085 370.53 | 0.39 |
| CAD | CANADA, GOVERNMENT 5.75000% 01-01.06.33 | 1 050 000.00 | 1 069 799.11 | 0.39 |
| Total CAD |  |  | 10 720 448.95 | 3.87 |
| EUR |  |  |  |  |
| EUR | FRANCE, REPUBLIC OF-OAT 2.75000% 12-25.10.27 | 1 450 000.00 | 1 771 146.00 | 0.64 |
| EUR | FRANCE, REPUBLIC OF-OAT-144A-REG-S 1.25000% 15-25.05.36 | 700 000.00 | 793 527.00 | 0.29 |
| EUR | GERMANY, REPUBLIC OF 1.50000% 14-15.05.24 | 1 600 000.00 | 1 746 384.00 | 0.63 |
| EUR | GERMANY, REPUBLIC OF 4.75000% 98-04.07.28 | 900 000.00 | 1 302 357.60 | 0.47 |
| EUR | GERMANY, REPUBLIC OF 4.00000% 05-04.01.37 | 1 500 000.00 | 2 587 866.00 | 0.94 |
| EUR | GERMANY, REPUBLIC OF 2.25000% 11-04.09.21 | 1 700 000.00 | 1 770 026.40 | 0.64 |
| EUR | ITALY, REPUBLIC OF BTP 3.75000% 10-01.03.21 | 2 200 000.00 | 2 271 205.20 | 0.82 |
| EUR | ITALY, REPUBLIC OF-BTP 4.00000% 05-01.02.37 | 660 000.00 | 838 264.68 | 0.30 |
| EUR | ITALY, REPUBLIC OF-BTP 2.20000% 17-01.06.27 | 1 400 000.00 | 1 494 920.00 | 0.54 |
| Total EUR |  |  | 14 575 696.88 | 5.27 |
| USD |  |  |  |  |
| USD | CHINA OVERSEAS FINANCE CAYMAN II-REG-S 5.50000% 10-10.11.20 | 400 000.00 | 373 889.26 | 0.14 |
| USD | PFIZER INC 7.20000% 09-15.03.39 | 400 000.00 | 584 050.89 | 0.21 |
| Total USD |  |  | 957 940.15 | 0.35 |
| Total Bonds, fixed rate |  | 35 958 469.20 | 13.00 |
| Bonds, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.21 | 1 600 000.00 | 1 609 318.88 | 0.58 |
| Total EUR |  | 1 609 318.88 | 0.58 |
| Total Bonds, zero coupon |  | 1 609 318.88 | 0.58 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.00000% 07-15.05.37 | 650 000.00 | 972 815.56 | 0.35 |
| USD	AMERICA, UNITED STATES OF 3.50000% 09-15.02.39 | 400 000.00 | 519 366.60 | 0.19 |
| USD	AMERICA, UNITED STATES OF 3.62500% 14-15.02.44 | 2 700 000.00 | 3 644 715.31 | 1.32 |
| USD	AMERICA, UNITED STATES OF 3.00000% 15-15.05.45 | 1 200 000.00 | 1 489 747.10 | 0.54 |
| USD	AMERICA, UNITED STATES OF 2.25000% 16-15.08.46 | 625 000.00 | 687 576.49 | 0.25 |
| USD	AMERICA, UNITED STATES OF 1.87500% 17-30.09.22 | 2 200 000.00 | 2 086 309.37 | 0.75 |
| USD	AMERICA, UNITED STATES OF 1.75000% 17-15.11.20 | 2 700 000.00 | 2 486 649.68 | 0.90 |
| USD	AMERICA, UNITED STATES OF 2.37500% 14-15.08.24 | 3 250 000.00 | 3 220 773.84 | 1.16 |
| USD	AMERICA, UNITED STATES OF 2.00000% 15-15.02.25 | 2 580 000.00 | 2 533 652.89 | 0.92 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 3 200 000.00 | 3 173 159.96 | 1.15 |
| Total USD |  | 20 814 766.80 | 7.53 |
| Total Treasury notes, fixed rate |  | 20 814 766.80 | 7.53 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 1 650 000.00 | 3 178 615.06 | 1.15 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 685 000.00 | 947 554.37 | 0.34 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 610 000.00 | 624 669.21 | 0.23 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 1 125 000.00 | 1 149 735.34 | 0.41 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 890 000.00 | 947 398.00 | 0.34 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 1 125 000.00 | 1 152 422.57 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 1 145 000.00 | 1 152 197.63 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 1 160 000.00 | 1 155 305.04 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 1 130 000.00 | 1 148 139.94 | 0.41 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 1 140 000.00 | 1 152 786.40 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 1 155 000.00 | 1 156 860.28 | 0.42 |
| Total USD |  | 13 765 683.84 | 4.98 |
| Total Treasury notes, floating rate |  | 13 765 683.84 | 4.98 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 221 437 714.23 | 80.06 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury bills, zero coupon |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 18.07.19-16.07.20 | 7 000 000.00 | 6 378 106.03 | 2.31 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 15.08.19-13.08.20 | 7 000 000.00 | 6 377 739.07 | 2.30 |
| Total USD |  | 12 755 845.10 | 4.61 |
| Total Treasury bills, zero coupon |  | 12 755 845.10 | 4.61 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	MORGAN STANLEY 3.75000% 13-25.02.23 | 400 000.00 | 377 924.12 | 0.14 |
| USD	WALT DISNEY CO 3.00000% 19-15.09.22 | 400 000.00 | 373 941.04 | 0.13 |
| Total USD |  | 751 865.16 | 0.27 |
| Total Notes, fixed rate |  | 751 865.16 | 0.27 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
| Description	Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Medium term notes, fixed rate
| USD |  |
| --- | --- |
| USD | BANK OF AMERICA CORP 3.30000% 13-11.01.23 | 400 000.00 | 377 685.99 | 0.13 |
| Total USD |  |  | 377 685.99 | 0.13 |
| Total Medium term notes, fixed rate |  | 377 685.99 | 0.13 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA MOVIL SAB DE CV 3.12500% 12-16.07.22 | 400 000.00 | 368 204.15 | 0.14 |
| Total USD |  | 368 204.15 | 0.14 |
| Total Bonds, fixed rate |  | 368 204.15 | 0.14 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 1 500 000.00 | 1 502 308.39 | 0.54 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.04.21 | 1 180 000.00 | 1 147 239.68 | 0.41 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 1 133 500.00 | 1 148 018.36 | 0.42 |
| Total USD |  | 3 797 566.43 | 1.37 |
| Total Treasury notes, floating rate | 3 797 566.43 | 1.37 |
| Total Transferable securities and money market instruments traded on another regulated market | 18 051 166.83 | 6.52 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Luxembourg |  |  |
| USD	UBS (LUX) EMERGING ECONOMIES FUND-GLOBAL BONDS (USD)-U-X ACC	486.00 | 5 224 811.16 | 1.89 |
| USD	UBS (LUX) INST FUND - EMERGING MARKETS EQUITY FA	1.00 | 21 651.36 | 0.01 |
| USD	UBS LUX BOND SICAV-CHINA FIXED INCOME (RMB)(USD HGD) U-X-ACC	577.00 | 5 468 939.83 | 1.98 |
| USD	X-TRACKERS HARVEST CSI300 INDEX UCITS ETF-EUR-1D-DISTR	567 000.00 | 5 331 531.10 | 1.93 |
| Total Luxembourg | 16 046 933.45 | 5.81 |
| Total Investment funds, open end | 16 046 933.45 | 5.81 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 16 046 933.45 | 5.81 |
| Total investments in securities | 255 535 814.51 | 92.39 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange |
| Financial Futures on bonds |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.06.20 | -96.00 | 257 280.00 | 0.09 |
| EUR	EURO-BOBL FUTURE 08.06.20 | -147.00 | 151 410.00 | 0.05 |
| USD	US 2YR TREASURY NOTE FUTURE 30.06.20 | 99.00 | 118 421.05 | 0.04 |
| USD	US 10YR TREASURY NOTE FUTURE 19.06.20 | 139.00 | 762 061.41 | 0.28 |
| USD	US 5YR TREASURY NOTE FUTURE 30.06.20 | 118.00 | 192 398.56 | 0.07 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 19.06.20 | 19.00 | 352 813.85 | 0.13 |
| CAD	CAN 10YR BOND FUTURE 19.06.20 | 101.00 | 182 549.20 | 0.07 |
| Total Financial Futures on bonds |  | 2 016 934.07 | 0.73 |
| Financial Futures on Indices |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 19.06.20 | -85.00 | -364 650.00 | -0.13 |
| CHF	SWISS MARKET INDEX FUTURE 19.06.20 | -54.00 | -781 278.67 | -0.28 |
| EUR	CAC 40 INDEX FUTURE 17.04.20 | -176.00 | -1 125 838.00 | -0.41 |
| GBP	FTSE 100 INDEX FUTURE 19.06.20 | -104.00 | -760 869.93 | -0.28 |
| SEK	OMX 30 INDEX FUTURE 17.04.20 | -595.00 | -1 094 067.71 | -0.40 |
| USD	S&P500 EMINI FUTURE 19.06.20 | -86.00 | 438 692.18 | 0.16 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 19.06.20 | 536.00 | 1 190 520.85 | 0.43 |
| AUD	SPI 200 INDEX FUTURES 18.06.20 | 33.00 | 125 631.32 | 0.05 |
| JPY	TOPIX INDX FUTURE 11.06.20 | 78.00 | 556 420.29 | 0.20 |
| HKD	HANG SENG INDEX FUTURE 28.04.20 | 21.00 | 32 715.45 | 0.01 |
| CAD	S&P/TSX 60 INDEX FUTURE 18.06.20 | 6.00 | -714.57 | 0.00 |
| USD	E-MINI RUSSELL 1000 VALUE INDEX FUTURE 19.06.20 | 300.00 | 764 183.19 | 0.28 |
| Total Financial Futures on Indices | -1 019 255.60 | -0.37 |
| Total Derivative instruments listed on an official stock exchange | 997 678.47 | 0.36 |
| Derivative instruments not listed on an official stock exchange and not traded on another regulated market |  |  |
| Credit default swaps* |  |  |
|  |  |  |
| USD	ICE/CDX.NA.HY.34 CDI REC 5.00000% 20-20.06.25	17 200 000.00 | -980 244.55 | -0.35 |
| Total Credit default swaps | -980 244.55 | -0.35 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | -980 244.55 | -0.35 |
| Total Derivative instruments | 17 433.92 | 0.01 |
| * Positive nominal: the subfund is “Receiver of protection”, negative nominal: the subfund is “Seller of protection”. |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
| Description	Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Forward Foreign Exchange contracts
Forward Foreign Exchange contracts (Purchase/Sale)
| EUR | 174 046.16 | DKK | 1 300 000.00 | 2.4.2020 | -165.72 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 29 982 215.39 | CAD | 43 663 406.09 | 2.4.2020 | 2 024 587.78 | 0.73 |
| EUR | 27 410 795.44 | AUD | 44 501 727.92 | 2.4.2020 | 2 587 571.40 | 0.94 |
| EUR | 20 473 092.00 | CHF | 21 977 917.49 | 2.4.2020 | -228 680.51 | -0.08 |
| EUR | 2 450 055.71 | DKK | 18 300 000.00 | 2.4.2020 | -2 311.48 | 0.00 |
| EUR | 3 803 247.42 | SEK | 40 214 096.80 | 2.4.2020 | 104 114.97 | 0.04 |
| NOK | 42 687 918.42 | EUR | 4 277 348.76 | 2.4.2020 | -572 514.96 | -0.21 |
| EUR | 21 226 824.57 | GBP | 18 094 999.77 | 2.4.2020 | 778 526.58 | 0.28 |
| EUR | 7 070 131.56 | NZD | 11 935 000.00 | 2.4.2020 | 621 587.70 | 0.22 |
| EUR | 1 748 977.87 | HKD | 15 149 999.57 | 2.4.2020 | -32 395.26 | -0.01 |
| JPY | 1 185 915 005.00 | EUR | 9 719 449.26 | 2.4.2020 | 292 190.46 | 0.11 |
| EUR | 175 430 766.75 | USD | 195 413 857.33 | 2.4.2020 | -2 663 429.95 | -0.96 |
| MXN | 264 780 000.00 | EUR | 12 545 452.87 | 2.4.2020 | -2 259 004.17 | -0.82 |
| EUR | 1 303 349.65 | USD | 1 440 000.00 | 2.4.2020 | -9 022.19 | 0.00 |
| GBP | 900 000.00 | EUR | 1 060 948.17 | 2.4.2020 | -43 901.01 | -0.02 |
| EUR | 247 981.04 | NOK | 2 500 000.00 | 2.4.2020 | 31 009.01 | 0.01 |
| GBP | 760 000.00 | EUR | 896 672.43 | 2.4.2020 | -37 832.60 | -0.01 |
| JPY | 40 000 000.00 | EUR | 331 676.33 | 2.4.2020 | 6 008.57 | 0.00 |
| EUR | 636 289.02 | USD | 700 000.00 | 2.4.2020 | -1 669.51 | 0.00 |
| EUR | 600 259.76 | NOK | 6 100 000.00 | 2.4.2020 | 70 848.00 | 0.03 |
| GBP | 900 000.00 | EUR | 1 073 209.33 | 2.4.2020 | -56 162.17 | -0.02 |
| COP | 25 100 000 000.00 | USD | 7 301 818.18 | 23.4.2020 | -1 029 046.03 | -0.37 |
| CLP | 5 967 850 000.00 | USD | 7 350 293.13 | 23.4.2020 | -313 571.08 | -0.11 |
| SEK | 4 400 000.00 | EUR | 415 803.87 | 2.4.2020 | -11 065.63 | 0.00 |
| CHF | 600 000.00 | EUR | 564 586.75 | 2.4.2020 | 574.33 | 0.00 |
| EUR | 398 815.52 | JPY | 48 000 000.00 | 2.4.2020 | -6 406.36 | 0.00 |
| SEK | 5 000 000.00 | EUR | 472 627.69 | 2.4.2020 | -12 697.87 | 0.00 |
| CAD | 700 000.00 | EUR | 479 341.02 | 2.4.2020 | -31 131.84 | -0.01 |
| EUR | 291 932.10 | NOK | 3 000 000.00 | 2.4.2020 | 31 565.66 | 0.01 |
| EUR | 207 579.82 | JPY | 25 000 000.00 | 2.4.2020 | -3 473.24 | 0.00 |
| EUR | 66 930.67 | DKK | 500 000.00 | 2.4.2020 | -73.90 | 0.00 |
| GBP | 1 530 000.00 | EUR | 1 781 180.26 | 2.4.2020 | -52 200.08 | -0.02 |
| EUR | 430 189.16 | JPY | 51 000 000.00 | 2.4.2020 | -359.09 | 0.00 |
| USD | 900 000.00 | EUR | 803 790.89 | 2.4.2020 | 16 441.51 | 0.01 |
| EUR | 381 333.87 | JPY | 46 000 000.00 | 2.4.2020 | -7 003.76 | 0.00 |
| CHF | 180 000.00 | EUR | 169 048.26 | 2.4.2020 | 500.06 | 0.00 |
| EUR | 249 887.77 | USD | 280 000.00 | 2.4.2020 | -5 295.64 | 0.00 |
| CHF | 170 000.00 | EUR | 159 784.47 | 2.4.2020 | 344.50 | 0.00 |
| EUR | 175 783.36 | JPY | 21 000 000.00 | 2.4.2020 | -1 501.21 | 0.00 |
| USD | 250 000.00 | EUR | 220 602.70 | 2.4.2020 | 7 239.63 | 0.00 |
| EUR | 615 873.09 | USD | 700 000.00 | 2.4.2020 | -22 085.44 | -0.01 |
| EUR | 809 364.35 | JPY | 96 000 000.00 | 2.4.2020 | -1 079.41 | 0.00 |
| CAD | 800 000.00 | EUR | 513 918.85 | 2.4.2020 | -1 679.79 | 0.00 |
| GBP | 420 000.00 | EUR | 481 238.46 | 2.4.2020 | -6 616.45 | 0.00 |
| EUR | 368 391.97 | AUD | 640 000.00 | 2.4.2020 | 11 397.67 | 0.00 |
| CHF | 1 800 000.00 | EUR | 1 707 020.31 | 2.4.2020 | -11 537.08 | 0.00 |
| EUR | 3 113 618.61 | USD | 3 500 000.00 | 2.4.2020 | -76 174.05 | -0.03 |
| GBP | 1 500 000.00 | EUR | 1 701 501.12 | 2.4.2020 | -6 422.51 | 0.00 |
| CAD | 1 800 000.00 | EUR | 1 158 991.11 | 2.4.2020 | -6 453.23 | 0.00 |
| EUR | 9 089 856.78 | USD | 10 130 000.00 | 2.4.2020 | -142 314.56 | -0.05 |
| JPY | 708 160 000.00 | EUR | 6 051 270.71 | 2.4.2020 | -72 897.25 | -0.03 |
| USD | 6 414 990.12 | COP | 25 967 880 000.00 | 23.4.2020 | 26 358.45 | 0.01 |
| USD | 11 241 579.13 | MXN | 250 640 000.00 | 2.4.2020 | 508 107.18 | 0.18 |
| CAD | 41 217 700.00 | EUR | 26 635 075.87 | 17.4.2020 | -254 464.24 | -0.09 |
| GBP | 22 396 900.00 | EUR | 25 240 155.57 | 17.4.2020 | 62 958.10 | 0.02 |
| EUR | 177 633.89 | AUD | 320 000.00 | 2.4.2020 | -863.26 | 0.00 |
| EUR | 2 714 401.66 | USD | 3 010 000.00 | 2.4.2020 | -28 820.03 | -0.01 |
| EUR | 548 844.64 | JPY | 65 000 000.00 | 2.4.2020 | 106.68 | 0.00 |
| SEK | 10 300 000.00 | EUR | 947 871.35 | 2.4.2020 | -415.92 | 0.00 |
| EUR | 2 218 319.58 | CAD | 3 431 200.00 | 17.4.2020 | 22 244.72 | 0.01 |
| EUR | 2 143 420.61 | GBP | 1 927 800.00 | 17.4.2020 | -34 530.02 | -0.01 |
| EUR | 575 748.13 | JPY | 68 000 000.00 | 2.4.2020 | 1 683.80 | 0.00 |
| USD | 2 280 000.00 | EUR | 2 042 379.92 | 2.4.2020 | 35 542.16 | 0.01 |
| CAD | 2 050 000.00 | EUR | 1 312 840.22 | 2.4.2020 | -227.63 | 0.00 |
| GBP | 200 000.00 | EUR | 219 682.93 | 2.4.2020 | 6 327.55 | 0.00 |
| EUR | 71 496.84 | GBP | 65 400.00 | 17.4.2020 | -2 389.44 | 0.00 |
| CAD | 300 000.00 | EUR | 191 830.39 | 2.4.2020 | 259.26 | 0.00 |
| AUD | 1 400 000.00 | EUR | 751 485.75 | 2.4.2020 | 29 439.29 | 0.01 |
| EUR | 2 461 764.45 | USD | 2 660 000.00 | 2.4.2020 | 37 522.03 | 0.01 |
| EUR | 135 742.45 | NOK | 1 700 000.00 | 2.4.2020 | -11 798.53 | 0.00 |
| EUR | 167 450.91 | HKD | 1 400 000.00 | 2.4.2020 | 2 835.57 | 0.00 |
| GBP | 940 000.00 | EUR | 1 012 246.46 | 2.4.2020 | 50 002.80 | 0.02 |
| USD | 110 000.00 | EUR | 102 096.53 | 2.4.2020 | -1 845.90 | 0.00 |
| EUR | 190 427.16 | HKD | 1 600 000.00 | 2.4.2020 | 2 295.34 | 0.00 |
| USD | 840 000.00 | EUR | 775 384.85 | 2.4.2020 | -9 834.61 | 0.00 |
| USD | 1 190 000.00 | EUR | 1 097 381.24 | 2.4.2020 | -12 851.73 | 0.00 |
| EUR | 584 200.36 | GBP | 530 000.00 | 2.4.2020 | -14 727.41 | -0.02 |
| EUR | 293 505.90 | SEK | 3 200 000.00 | 2.4.2020 | -849.18 | 0.00 |
| USD | 1 340 000.00 | EUR | 1 235 639.49 | 2.4.2020 | -14 404.58 | -0.02 |
| EUR | 383 136.31 | SEK | 4 200 000.00 | 2.4.2020 | -3 204.74 | 0.00 |
| EUR | 361 663.69 | GBP | 330 000.00 | 2.4.2020 | -11 253.60 | 0.00 |
| USD | 710 000.00 | EUR | 647 025.05 | 2.4.2020 | 47.18 | 0.00 |
| USD | 820 000.00 | EUR | 745 682.93 | 2.4.2020 | 1 639.92 | 0.00 |
| USD | 2 500 000.00 | EUR | 2 258 482.82 | 28.5.2020 | 14 988.50 | 0.00 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020
| Description	Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Forward Foreign Exchange contracts (Continued)
Forward Foreign Exchange contracts (Purchase/Sale)
| EUR | 24 503 220.53 | AUD | 44 061 727.92 | 28.5.2020 | -26 101.59 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 24 302 300.75 | CAD | 38 013 406.09 | 28.5.2020 | 3 334.17 | 0.00 |
| EUR | 180 201 800.23 | USD | 198 152 278.20 | 28.5.2020 | 4 391.72 | 0.00 |
| EUR | 18 175 422.40 | CHF | 19 227 917.49 | 28.5.2020 | 52 658.38 | 0.02 |
| EUR | 2 516 249.13 | SEK | 27 914 096.80 | 28.5.2020 | -49 044.07 | -0.02 |
| EUR | 2 126 920.98 | HKD | 18 149 999.57 | 28.5.2020 | -2 067.47 | 0.00 |
| EUR | 2 690 704.30 | DKK | 20 100 000.00 | 28.5.2020 | -2 644.48 | 0.00 |
| EUR | 6 465 289.82 | NZD | 11 935 000.00 | 28.5.2020 | 33 764.25 | 0.01 |
| EUR | 13 256 751.98 | GBP | 11 804 999.77 | 28.5.2020 | -68 393.89 | -0.02 |
| JPY | 1 514 075 005.00 | EUR | 12 721 738.24 | 28.5.2020 | 64 798.36 | 0.02 |
| MXN | 14 140 000.00 | EUR | 534 689.90 | 28.5.2020 | 8 723.55 | 0.00 |
| NOK | 29 387 918.42 | EUR | 2 553 483.89 | 28.5.2020 | -7 893.21 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -732 263.77 | -0.26 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 21 143 068.69* | 7.64 |
| Other assets and liabilities | 627 166.80 | 0.22 |
| Total net assets | 276 591 220.15 | 100.00 |
| * As at 31 March 2020, cash amounts serve as collateral for the counterparty Goldman Sachs for an amount of EUR 300 751.88. |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Semi-Annual Report as of 31 March 2020

Translation (ENDE, 2020-03-31):
# UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
| Wichtigste Daten |  |
| --- | --- |
|  | ISIN | 31.3.2020 | 30.9.2019 | 30.9.2018 |
| Nettovermögen in EUR |  | 276 591 220.15 | 328 913 271.81 | 398 734 669.63 |
| Klasse I-A2-acc 1 | LU0423399384 |  |  |  |
| Aktien im Umlauf |  | - | 15 048.7340 | 20 037.5960 |
| Nettoinventarwert pro Aktie in EUR |  | - | 109.93 | 108.17 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 2 |  | - | 109.93 | 108.17 |
| Klasse (CAD hedged) I-X-dist | LU0423402782 |  |  |  |
| Aktien im Umlauf |  | 231 310.7990 | 200 843.8660 | 205 220.4740 |
| Nettoinventarwert pro Aktie in CAD |  | 99.59 | 111.78 | 109.24 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 2 |  | 99.59 | 111.78 | 109.24 |
| Klasse (USD hedged) I-X-dist 3 | LU1611256956 |  |  |  |
| Aktien im Umlauf |  | - | - | 62 694.0780 |
| Nettoinventarwert pro Aktie in USD |  | - | - | 109.38 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | - | - | 109.38 |
| Klasse K-1-UKdist 4 | LU1240062015 |  |  |  |
| Aktien im Umlauf |  | - | - | 3.7000 |
| Nettoinventarwert pro Aktie in EUR |  | - | - | 3 087 817.39 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 2 |  | - | - | 3 087 817.39 |
| Klasse N-6%-mdist | LU1121266784 |  |  |  |
| Aktien im Umlauf |  | 101 208.7300 | 108 111.1550 | 115 825.9700 |
| Nettoinventarwert pro Aktie in EUR |  | 69.32 | 80.24 | 85.34 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 2 |  | 69.32 | 80.24 | 85.34 |
| Klasse N-acc | LU0423397842 |  |  |  |
| Aktien im Umlauf |  | 23 885.2260 | 22 587.5120 | 27 633.3980 |
| Nettoinventarwert pro Aktie in EUR |  | 123.77 | 139.06 | 139.37 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 2 |  | 123.77 | 139.06 | 139.37 |
| Klasse P-acc | LU0197216558 |  |  |  |
| Aktien im Umlauf |  | 15 013 005.2170 | 16 017 058.2640 | 19 142 095.5940 |
| Nettoinventarwert pro Aktie in EUR |  | 12.92 | 14.48 | 14.45 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 2 |  | 12.92 | 14.48 | 14.45 |
| Klasse (CAD hedged) P-acc | LU0218832045 |  |  |  |
| Aktien im Umlauf |  | 971 588.0940 | 1 050 616.4490 | 1 455 789.5160 |
| Nettoinventarwert pro Aktie in CAD |  | 12.69 | 14.09 | 13.78 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 2 |  | 12.69 | 14.09 | 13.78 |
| Klasse (GBP hedged) P-acc | LU0678606244 |  |  |  |
| Aktien im Umlauf |  | 1 261 852.8570 | 1 279 381.7290 | 1 438 550.7160 |
| Nettoinventarwert pro Aktie in GBP |  | 13.67 | 15.34 | 15.12 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 2 |  | 13.67 | 15.34 | 15.12 |
| Klasse Q-acc | LU0423398907 |  |  |  |
| Aktien im Umlauf |  | 167 933.1890 | 175 222.2070 | 183 136.0010 |
| Nettoinventarwert pro Aktie in EUR |  | 146.17 | 163.03 | 160.99 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 2 |  | 146.17 | 163.03 | 160.99 |
| Klasse (CAD hedged) Q-acc | LU0423401628 |  |  |  |
| Aktien im Umlauf |  | 28 597.7160 | 33 560.7960 | 30 533.7580 |
| Nettoinventarwert pro Aktie in CAD |  | 111.67 | 123.41 | 119.46 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 2 |  | 111.67 | 123.41 | 119.46 |
| Klasse (GBP hedged) Q-acc | LU1240794971 |  |  |  |
| Aktien im Umlauf | 32 330.7110 | 29 919.4080 | 32 762.5430 |
| Nettoinventarwert pro Aktie in GBP | 108.30 | 120.86 | 117.94 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 2 | 108.30 | 120.86 | 117.94 |
| 1  Die Aktienklasse I-A2-acc war bis zum 22.10.2019 im Umlauf 2  Siehe Erläuterung 1 3  Die Aktienklasse (USD hedged) I-X-dist war bis zum 13.2.2019 im Umlauf 4  Die Aktienklasse K-1-UKdist war bis zum 26.3.2019 im Umlauf |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Halbjahresbericht per 31. März 2020

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
Vereinigte Staaten	45.86
Luxemburg	5.80
Frankreich	5.10
Deutschland	4.74
Grossbritannien	4.68
Kanada	4.14
Australien	4.08
Italien	2.84
Niederlande	2.73
Japan	2.72
Schweiz	2.68
Finnland	1.14
Dänemark	1.06
Norwegen	0.90
Schweden	0.74
Cayman-Inseln	0.48
Belgien	0.43
China	0.41
Hongkong	0.41
Spanien	0.41
Portugal	0.24
Irland	0.20
Bermuda	0.19
Österreich	0.15
Mexiko	0.13
Vereinigte Arabische Emirate	0.13
Total	92.39
Wirtschaftliche Aufteilung in % des Nettovermögens	
Länder- & Zentralregierungen	31.50
Internet, Software & IT-Dienste	11.01
Anlagefonds	5.80
Pharmazeutik, Kosmetik & medizinische Produkte	5.34
Banken & Kreditinstitute	4.31
Finanz- & Beteiligungsgesellschaften	3.76
Detailhandel, Warenhäuser	3.64
Elektronik & Halbleiter	3.35
Versicherungen	2.89
Nahrungsmittel & Softdrinks	2.29
Telekommunikation	2.00
Computer & Netzwerkausrüster	1.59
Erdöl	1.20
Biotechnologie	1.11
Chemie	1.08
Maschinen & Apparate	1.05
Energie- & Wasserversorgung	0.97
Tabak & alkoholische Getränke	0.93
Diverse Konsumgüter	0.84
Textilien, Kleidung & Lederwaren	0.79
Baugewerbe & Baumaterial	0.66
Elektrische Geräte & Komponenten	0.63
Verkehr & Transport	0.60
Öffentlich-rechtliche Körperschaften	0.59
Gesundheits- & Sozialwesen	0.58
Grafisches Gewerbe, Verlage & Medien	0.53
Immobilien	0.52
Nichteisenmetalle	0.45
Diverse Dienstleistungen	0.44
Fahrzeuge	0.42
Umwelt & Recycling	0.31
Diverse Handelsfirmen	0.21
Kantone, Bundesstaaten	0.20
Diverse Investitionsgüter	0.20
Gummi & Reifen	0.17
Gastgewerbe & Freizeit	0.14
Landwirtschaft & Fischerei	0.13
Flugzeug- & Raumfahrtindustrie	0.12
Verpackungsindustrie	0.04
Total	92.39
UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Halbjahresbericht per 31. März 2020

## Nettovermögensaufstellung
Aktiva	31.3.2020
EUR
Wertpapierbestand, Einstandswert	247 384 068.66
Wertpapierbestand, nicht realisierte Werterhöhung (-minderung)		8 151 745.85	
Total Wertpapierbestand (Erläuterung 1)	255 535 814.51
Bankguthaben, Sicht- und Fristgelder	9 622 588.62*
Andere liquide Mittel (Margins)	11 520 480.07
Forderungen aus Wertpapierverkäufen (Erläuterung 1)	1 125 846.52
Forderungen aus Zeichnungen	67 410.68
Zinsforderungen aus Wertpapieren	604 106.12
Zinsforderungen aus liquiden Mitteln	2 098.38
Forderungen aus Dividenden	288 058.40
Sonstige Forderungen	125 940.82
Nicht realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten (Erläuterung 1)	997 678.47
Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1)	-732 263.77
Total Aktiva	278 177 514.27
Passiva
Nicht realisierter Kursgewinn (-verlust) aus Swaps (Erläuterung 1)	-980 244.55
Zinsverbindlichkeiten aus Kontokorrentkredit	-2 982.95
Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1)	-591 141.04
Verbindlichkeiten aus Rücknahmen	-726 703.90
Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2)	-216 566.59
Rückstellungen für Abonnementsabgabe (Erläuterung 3)	-31 178.58
Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2)		-17 721.06		 Total Rückstellungen für Aufwendungen			-265 466.23
Total Passiva	-1 586 294.12
Nettovermögen am Ende der Berichtsperiode	276 591 220.15

## Ertrags- und Aufwandsrechnung
Erträge	1.10.2019-31.3.2020
EUR
Zinsertrag auf liquide Mittel	24 315.02
Zinsen auf Wertpapiere	1 287 938.15
Dividenden (Erläuterung 1)	1 025 022.23
Zinsertrag auf Swaps (Erläuterung 1)	411 917.60
Erträge aus Securities Lending (Erläuterung 12)	79 771.22
Total Erträge	2 839 270.41
Aufwendungen
Sonstige Erträge (Erläuterung 4)	10 306.19
Zinsaufwand auf Swaps (Erläuterung 1)	-25 284.43
Pauschale Verwaltungskommission (Erläuterung 2)	-3 004 985.80
Abonnementsabgabe (Erläuterung 3)	-67 941.63
Kosten aus Securities Lending (Erläuterung 12)	-31 908.49
Sonstige Kommissionen und Gebühren (Erläuterung 2)	-48 865.59
Nettoerträge (-verluste) aus Anlagen	-349 518.99
Total Aufwendungen	-3 188 789.40
Zinsaufwand auf liquide Mittel und Kontokorrentkredit	-9 803.46
Realisierte Gewinne (Verluste) (Erläuterung 1)
Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen	7 261 428.99
Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten		-1 318.18 Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten	-3 277 550.27
Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten	-9 976 113.11
Realisierter Kursgewinn (-verlust) aus Swaps	-415 536.91
Total der realisierten Gewinne (Verluste)	-5 208 375.30
Realisierter Nettogewinn (-verlust) der Berichtsperiode	-5 557 894.29
Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1)
Realisierter Währungsgewinn (-verlust)	1 200 714.18
Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen	-36 017 107.32
Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente	-169 588.95
Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten	982 795.34
Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten	6 804 981.73
Total der Veränderungen der nicht realisierten Werterhöhung (-minderung)	-30 461 535.96
Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit	-36 019 430.25
Nicht realisierte Werterhöhung (-minderung) von Swaps	-2 062 616.76
* Zum 31. März 2020 wurden gegenüber Goldman Sachs Bankguthaben in Höhe von EUR 300 751.88 als Sicherheit eingesetzt.
UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Halbjahresbericht per 31. März 2020
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | EUR |
|  | 1.10.2019-31.3.2020 |
| Nettovermögen zu Beginn der Berichtsperiode | 328 913 271.81 |
| Zeichnungen | 15 066 165.84 |
| Rücknahmen | 	-30 785 396.50	 |
| Total Mittelzufluss (-abfluss) | -15 719 230.66 |
| Ausbezahlte Dividende | -583 390.75 |
| Nettoerträge (-verluste) aus Anlagen | -349 518.99 |
| Total der realisierten Gewinne (Verluste) | -5 208 375.30 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	-30 461 535.96	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | -36 019 430.25 |
| Nettovermögen am Ende der Berichtsperiode | 276 591 220.15 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.10.2019-31.3.2020 |
| Klasse | I-A2-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 15 048.7340 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -15 048.7340 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 0.0000 |
| Klasse | (CAD hedged) I-X-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 200 843.8660 |
| Anzahl der ausgegebenen Aktien | 30 904.2090 |
| Anzahl der zurückgegebenen Aktien | -437.2760 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 231 310.7990 |
| Klasse | N-6%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 108 111.1550 |
| Anzahl der ausgegebenen Aktien | 19 410.3350 |
| Anzahl der zurückgegebenen Aktien | -26 312.7600 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 101 208.7300 |
| Klasse | N-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 22 587.5120 |
| Anzahl der ausgegebenen Aktien | 4 162.2940 |
| Anzahl der zurückgegebenen Aktien | -2 864.5800 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 23 885.2260 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 16 017 058.2640 |
| Anzahl der ausgegebenen Aktien | 374 522.3490 |
| Anzahl der zurückgegebenen Aktien | -1 378 575.3960 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 15 013 005.2170 |
| Klasse | (CAD hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 1 050 616.4490 |
| Anzahl der ausgegebenen Aktien | 16 233.8720 |
| Anzahl der zurückgegebenen Aktien | -95 262.2270 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 971 588.0940 |
| Klasse | (GBP hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 1 279 381.7290 |
| Anzahl der ausgegebenen Aktien | 31 333.0580 |
| Anzahl der zurückgegebenen Aktien | -48 861.9300 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 1 261 852.8570 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 175 222.2070 |
| Anzahl der ausgegebenen Aktien | 22 678.7170 |
| Anzahl der zurückgegebenen Aktien | -29 967.7350 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 167 933.1890 |
| Klasse | (CAD hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 33 560.7960 |
| Anzahl der ausgegebenen Aktien | 160.0000 |
| Anzahl der zurückgegebenen Aktien | -5 123.0800 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 28 597.7160 |
| Klasse | (GBP hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 29 919.4080 |
| Anzahl der ausgegebenen Aktien | 2 636.3030 |
| Anzahl der zurückgegebenen Aktien | -225.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 32 330.7110 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Halbjahresbericht per 31. März 2020
| Jährliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| (CAD hedged) I-X-dist | 2.12.2019 | 5.12.2019 | CAD | 2.39 |
| Monatliche Ausschüttung 1 |  |  |  |  |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| N-6%-mdist | 10.10.2019 | 15.10.2019 | EUR | 0.40 |
| N-6%-mdist | 11.11.2019 | 14.11.2019 | EUR | 0.40 |
| N-6%-mdist | 10.12.2019 | 13.12.2019 | EUR | 0.40 |
| N-6%-mdist | 10.1.2020 | 15.1.2020 | EUR | 0.41 |
| N-6%-mdist | 10.2.2020 | 13.2.2020 | EUR | 0.40 |
| N-6%-mdist | 10.3.2020 | 13.3.2020 | EUR | 0.38 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Halbjahresbericht per 31. März 2020

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 31. März 2020
| Bezeichnung | Anzahl/ | Bewertung in EUR | 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 |  |  |  |
| Inhaberaktien |  |  |  |
| Österreich |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 25 240.00 | 426 177.40 | 0.15 |
| Total Österreich |  | 426 177.40 | 0.15 |
| Bermuda |  |  |  |
| USD	MARVELL TECH GROUP COM USD0.002 | 25 814.00 | 532 395.37 | 0.19 |
| Total Bermuda |  | 532 395.37 | 0.19 |
| Kanada |  |  |  |
| USD	WASTE CONNECTIONS COM NPV (POST REV SPLT) | 4 922.00 | 347 646.39 | 0.13 |
| Total Kanada |  | 347 646.39 | 0.13 |
| Dänemark |  |  |  |
| DKK	GENMAB AS DKK1 (BEARER) | 3 278.00 | 604 891.24 | 0.22 |
| Total Dänemark |  | 604 891.24 | 0.22 |
| Frankreich |  |  |  |
| EUR	AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 9 169.00 | 1 069 563.85 | 0.39 |
| EUR	AXA EUR2.29 | 58 629.00 | 925 634.65 | 0.34 |
| EUR	CREDIT AGRICOLE SA EUR3 | 60 737.00 | 406 330.53 | 0.15 |
| EUR	DANONE EUR0.25 | 17 514.00 | 1 027 020.96 | 0.37 |
| EUR	EIFFAGE EUR4 | 10 115.00 | 652 417.50 | 0.24 |
| EUR	LEGRAND SA EUR4 | 12 638.00 | 739 070.24 | 0.27 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 2 149.00 | 727 329.05 | 0.26 |
| EUR	PERNOD RICARD EUR1.55 | 6 891.00 | 892 039.95 | 0.32 |
| EUR	SAFRAN EUR0.20 | 2 121.00 | 169 976.94 | 0.06 |
| EUR	SCHNEIDER ELECTRIC EUR8 | 12 812.00 | 1 006 766.96 | 0.36 |
| EUR	TELEPERFORMANCE EUR2.50 | 4 691.00 | 890 351.80 | 0.32 |
| EUR	VINCI EUR2.50 | 8 270.00 | 623 558.00 | 0.23 |
| EUR	WORLDLINE EUR0.68 | 14 651.00 | 786 758.70 | 0.28 |
| Total Frankreich |  | 9 916 819.13 | 3.59 |
| Deutschland |  |  |  |
| EUR	CANCOM SE NPV | 10 220.00 | 398 988.80 | 0.14 |
| EUR	CONTINENTAL AG ORD NPV | 7 350.00 | 482 233.50 | 0.18 |
| EUR	SAP AG ORD NPV | 18 007.00 | 1 851 119.60 | 0.67 |
| Total Deutschland |  | 2 732 341.90 | 0.99 |
| Hongkong |  |  |  |
| HKD	AIA GROUP LTD NPV | 137 200.00 | 1 131 681.10 | 0.41 |
| Total Hongkong |  | 1 131 681.10 | 0.41 |
| Italien |  |  |  |
| EUR	BANCA MEDIOLANUM NPV | 104 824.00 | 487 431.60 | 0.18 |
| EUR	INFRASTRUTTURE WIR NPV | 73 988.00 | 731 001.44 | 0.26 |
| Total Italien |  | 1 218 433.04 | 0.44 |
| Japan |  |  |  |
| JPY	TECHNOPRO HLDGS IN NPV | 12 000.00 | 513 618.73 | 0.19 |
| Total Japan |  | 513 618.73 | 0.19 |
| Niederlande |  |  |  |
| EUR	ASR NEDERLAND N.V. EUR0.16 | 30 498.00 | 700 234.08 | 0.25 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 44 740.00 | 952 290.90 | 0.35 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 34 596.00 | 1 277 111.34 | 0.46 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 5 985.00 | 452 345.45 | 0.16 |
| Total Niederlande |  | 3 381 981.77 | 1.22 |
| Spanien |  |  |  |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 65 330.00 | 586 924.72 | 0.21 |
| Total Spanien |  | 586 924.72 | 0.21 |
| Schweden |  |  |  |
| SEK	LUNDIN PETROLEUM A NPV | 13 452.00 | 235 723.78 | 0.08 |
| Total Schweden |  | 235 723.78 | 0.08 |
| Grossbritannien |  |  |  |
| GBP	ASTRAZENECA ORD USD0.25 | 21 353.00 | 1 741 221.45 | 0.63 |
| GBP	BABCOCK INTL GROUP ORD GBP0.60 | 146 084.00 | 632 596.43 | 0.23 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 33 872.00 | 1 056 066.16 | 0.38 |
| USD	LIVANOVA PLC ORD GBP1.00 (DI) | 11 300.00 | 466 005.92 | 0.17 |
| GBP	SAGE GROUP GBP0.01051948 | 123 690.00 | 827 195.44 | 0.30 |
| GBP	SOFTCAT PLC ORD GBP0.0005 (WI) | 25 473.00 | 298 509.00 | 0.11 |
| GBP	SPECTRIS ORD GBP0.05 | 18 489.00 | 513 563.19 | 0.19 |
| EUR	UNILEVER EUR0.16 | 36 758.00 | 1 646 942.19 | 0.59 |
| Total Grossbritannien |  | 7 182 099.78 | 2.60 |
| Vereinigte Staaten |  |  |  |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 8 835.00 | 1 630 922.08 | 0.59 |
| USD	BIO RAD LABS INC CL A | 2 426.00 | 775 081.85 | 0.28 |
| USD	COHERUS BIOSCIENCE COM USD0.0001 | 12 327.00 | 182 222.77 | 0.07 |
| USD	CREE INC COM | 9 059.00 | 292 761.12 | 0.11 |
| USD	DIGITAL REALTY TRU COM STK USD0.01 | 3 658.00 | 463 096.63 | 0.17 |
| USD	F M C CORP COM NEW | 5 706.00 | 424 810.33 | 0.15 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Halbjahresbericht per 31. März 2020
|  | Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | HUBSPOT INC COM USD0.001 | 3 330.00 | 404 212.99 | 0.15 |
| USD | IAC INTERACTIVECOR COM USD0.001 | 3 604.00 | 588 694.39 | 0.21 |
| USD | INCYTE CORPORATION COM USD0.001 | 8 323.00 | 555 473.49 | 0.20 |
| USD | IRONWOOD PHARMACEU COM CL A USD0.001 | 40 487.00 | 372 306.98 | 0.13 |
| USD | JOHNSON & JOHNSON COM USD1 | 17 729.00 | 2 118 754.86 | 0.77 |
| USD | MADISON SQUARE GAR CLASS A USD0.01 | 2 949.00 | 568 191.47 | 0.20 |
| USD | MARSH & MCLENNAN COM USD1 | 7 693.00 | 606 185.26 | 0.22 |
| USD | MIRATI THERAPEUTIC COM NPV | 4 035.00 | 282 679.84 | 0.10 |
| USD | MSA SAFETY INC COM NPV | 5 023.00 | 463 274.19 | 0.17 |
| USD | PEPSICO INC CAP USD0.016666 | 9 017.00 | 986 959.85 | 0.36 |
| USD | PTC INC COM USD0.01 | 6 777.00 | 378 054.38 | 0.14 |
| USD | QORVO INC COM USD 0.0001 | 4 876.00 | 358 306.57 | 0.13 |
| USD | TAKE TWO INTERACTI COM USD0.01 | 6 306.00 | 681 662.94 | 0.25 |
| USD | THOR INDS INC COM | 8 978.00 | 345 128.31 | 0.12 |
| USD | TRANSUNION COM USD0.01 | 6 067.00 | 365 927.60 | 0.13 |
| USD | TRIMBLE INC COM NPV | 11 818.00 | 342 827.01 | 0.12 |
| USD | UNIVERSAL DISPLAY COM USD0.01 | 3 098.00 | 372 070.57 | 0.13 |
| USD | VMWARE INC COM STK USD0.01 CLASS ‘A’ | 3 848.00 | 424 691.55 | 0.15 |
| USD | WAYFAIR INC COM USD0.001 A | 8 924.00 | 434 630.72 | 0.16 |
| Total Vereinigte Staaten |  | 14 418 927.75 | 5.21 |
| Total Inhaberaktien |  | 43 229 662.10 | 15.63 |
| Vorzugsaktien |  |  |  |
| Deutschland |  |  |  |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 9 062.00 | 663 338.40 | 0.24 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 3 497.00 | 373 619.48 | 0.13 |
| Total Deutschland |  | 1 036 957.88 | 0.37 |
| Total Vorzugsaktien |  | 1 036 957.88 | 0.37 |
| Namensaktien |  |  |  |
| Belgien |  |  |  |
| EUR	KBC GROUP NV NPV | 28 049.00 | 1 178 618.98 | 0.43 |
| Total Belgien |  | 1 178 618.98 | 0.43 |
| Dänemark |  |  |  |
| DKK	H.LUNDBECK A/S DKK5 | 23 467.00 | 634 619.11 | 0.23 |
| DKK	NOVO-NORDISK AS DKK0.2 SER’B’ | 31 044.00 | 1 702 137.49 | 0.61 |
| Total Dänemark |  | 2 336 756.60 | 0.84 |
| Finnland |  |  |  |
| EUR	NESTE OIL OYJ NPV | 27 460.00 | 847 141.00 | 0.31 |
| SEK	NORDEA HOLDING ABP NPV | 81 050.00 | 418 102.33 | 0.15 |
| EUR	SAMPO OYJ SER’A’NPV | 70 861.00 | 1 886 319.82 | 0.68 |
| Total Finnland |  | 3 151 563.15 | 1.14 |
| Deutschland |  |  |  |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 3 409.00 | 534 803.92 | 0.19 |
| EUR	BAYER AG NPV (REGD) | 8 323.00 | 439 870.55 | 0.16 |
| EUR	HUGO BOSS AG NPV (REGD) | 9 705.00 | 224 282.55 | 0.08 |
| EUR	MUENCHENER RUECKVE NPV(REGD) | 4 052.00 | 745 973.20 | 0.27 |
| Total Deutschland |  | 1 944 930.22 | 0.70 |
| Irland |  |  |  |
| EUR	CRH ORD EUR0.32 | 21 827.00 | 542 400.95 | 0.20 |
| Total Irland |  | 542 400.95 | 0.20 |
| Italien |  |  |  |
| EUR	ENEL EUR1 | 168 277.00 | 1 066 707.90 | 0.39 |
| EUR	MEDIOBANCA SPA EUR0.5 | 67 560.00 | 339 691.68 | 0.12 |
| EUR	MONCLER SPA NPV | 18 569.00 | 618 162.01 | 0.22 |
| Total Italien |  | 2 024 561.59 | 0.73 |
| Japan |  |  |  |
| JPY	HOYA CORP NPV | 9 200.00 | 714 541.25 | 0.26 |
| JPY	ITOCHU CORP NPV | 31 100.00 | 588 768.40 | 0.21 |
| JPY	NINTENDO CO LTD NPV | 2 500.00 | 878 191.79 | 0.32 |
| JPY	NIPPON TEL&TEL CP NPV | 33 300.00 | 724 031.46 | 0.26 |
| JPY	ORIX CORP NPV | 69 000.00 | 757 549.64 | 0.27 |
| JPY	SOFTBANK GROUP CO NPV | 25 700.00 | 821 854.13 | 0.30 |
| JPY	SONY CORP NPV | 19 500.00 | 1 057 033.94 | 0.38 |
| JPY	TAKEDA PHARMACEUTI NPV | 34 800.00 | 971 843.64 | 0.35 |
| JPY	WEST JAPAN RAILWAY NPV | 8 000.00 | 499 503.50 | 0.18 |
| Total Japan |  | 7 013 317.75 | 2.53 |
| Niederlande |  |  |  |
| EUR	ASML HOLDING NV EUR0.09 | 5 975.00 | 1 448 638.75 | 0.52 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 7 673.00 | 794 155.50 | 0.29 |
| EUR	PROSUS N.V. EUR0.05 | 22 582.00 | 1 426 053.30 | 0.52 |
| Total Niederlande |  | 3 668 847.55 | 1.33 |
| Norwegen |  |  |  |
| NOK	DNB ASA NOK10 | 45 733.00 | 463 393.92 | 0.17 |
| NOK	EQUINOR ASA NOK2.50 | 145 169.00 | 1 652 364.79 | 0.60 |
| NOK	MOWI ASA NOK7.50 | 26 565.00 | 365 774.69 | 0.13 |
| Total Norwegen |  | 2 481 533.40 | 0.90 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Halbjahresbericht per 31. März 2020
|  | Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
| Portugal |  |  |  |  |
| EUR | EDP ENERGIAS PORTU EUR1(REGD) | 182 402.00 | 667 226.52 | 0.24 |
| Total Portugal |  | 667 226.52 | 0.24 |
| Schweden |  |  |  |
| SEK	SANDVIK AB NPV (POST SPLIT) | 52 819.00 | 686 278.18 | 0.25 |
| SEK	SWEDISH MATCH NPV | 11 818.00 | 617 467.19 | 0.22 |
| SEK	TELE2 AB SHS | 41 547.00 | 509 820.23 | 0.19 |
| Total Schweden |  | 1 813 565.60 | 0.66 |
| Schweiz |  |  |  |
| CHF	ALCON AG CHF0.04 | 17 353.00 | 806 318.60 | 0.29 |
| CHF	NESTLE SA CHF0.10(REGD) | 27 758.00 | 2 600 243.10 | 0.94 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 27 144.00 | 2 041 595.78 | 0.74 |
| CHF	SIKA AG CHF0.01 (REG) | 1 697.00 | 255 674.30 | 0.09 |
| CHF	SOFTWAREONE HLD AG CHF0.01 | 24 571.00 | 440 204.36 | 0.16 |
| CHF	ZURICH INSURANCE GRP CHF0.10 | 2 675.00 | 865 256.90 | 0.31 |
| Total Schweiz |  | 7 009 293.04 | 2.53 |
| Grossbritannien |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 6 930.00 | 174 637.17 | 0.06 |
| GBP	ANGLO AMERICAN USD0.54945 | 38 399.00 | 614 616.79 | 0.22 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 37 364.00 | 745 451.97 | 0.27 |
| GBP	AVAST PLC ORD GBP0.10 (WI) | 161 095.00 | 716 168.15 | 0.26 |
| GBP	PRUDENTIAL ORD GBP0.05 | 35 591.00 | 416 474.95 | 0.15 |
| GBP	RIO TINTO ORD GBP0.10 | 14 850.00 | 624 011.83 | 0.23 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 26 955.00 | 436 956.78 | 0.16 |
| Total Grossbritannien |  | 3 728 317.64 | 1.35 |
| Vereinigte Staaten |  |  |  |
| USD	10X GENOMICS INC COM USD0.00001 CLASS A | 4 070.00 | 231 161.90 | 0.08 |
| USD	ABBOTT LABS COM | 9 074.00 | 652 567.19 | 0.24 |
| USD	ADOBE INC COM USD0.0001 | 640.00 | 185 621.87 | 0.07 |
| USD	AGCO CORP COM USD0.01 | 11 130.00 | 479 282.30 | 0.17 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 8 827.00 | 722 329.76 | 0.26 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 2 508.00 | 2 655 885.71 | 0.96 |
| USD	AMAZON COM INC COM USD0.01 | 3 048.00 | 5 416 036.97 | 1.96 |
| USD	AMERIPRISE FINL INC COM | 6 926.00 | 646 868.52 | 0.23 |
| USD	AMGEN INC COM USD0.0001 | 1 354.00 | 250 167.62 | 0.09 |
| USD	ANALOG DEVICES INC COM | 6 783.00 | 554 200.00 | 0.20 |
| USD	APPLE INC COM NPV | 12 006.00 | 2 782 415.80 | 1.01 |
| USD	AUTODESK INC COM USD0.01 | 4 801.00 | 683 013.08 | 0.25 |
| USD	BK OF AMERICA CORP COM USD0.01 | 49 173.00 | 951 417.44 | 0.34 |
| USD	CATERPILLAR INC DEL COM | 3 328.00 | 351 953.63 | 0.13 |
| USD	CISCO SYSTEMS COM USD0.001 | 11 360.00 | 406 982.55 | 0.15 |
| USD	COMCAST CORP COM CLS’A’ USD0.01 | 22 458.00 | 703 673.77 | 0.25 |
| USD	COOPER COS INC COM USD0.10 | 2 364.00 | 593 924.70 | 0.21 |
| USD	CROWN CASTLE INTL COM USD0.01 | 4 100.00 | 539 567.10 | 0.19 |
| USD	DELTA AIRLINES INC COM USD0.0001 | 18 640.00 | 484 665.48 | 0.18 |
| USD	DOLLAR GENERAL CP COM USD0.875 | 6 197.00 | 852 867.60 | 0.31 |
| USD	DOLLAR TREE INC | 17 202.00 | 1 151 816.76 | 0.42 |
| USD	ELANCO ANIMAL HEAL COM NPV | 35 687.00 | 728 213.20 | 0.26 |
| USD	FACEBOOK INC COM USD0.000006 CL ‘A’ | 10 493.00 | 1 595 108.13 | 0.58 |
| USD	FIDELITY NATL INF COM STK USD0.01 | 17 862.00 | 1 980 162.84 | 0.72 |
| USD	GODADDY INC COM CL A USD0.001 | 14 396.00 | 749 287.36 | 0.27 |
| USD	HESS CORPORATION COM USD1 | 19 629.00 | 595 712.64 | 0.22 |
| USD	INGERSOLL RAND INC COM USD1.00 | 33 236.00 | 751 198.72 | 0.27 |
| USD	LAB CORP AMER HLDG COM USD0.1 | 3 014.00 | 347 176.54 | 0.13 |
| USD	LIVERAMP HOLDINGS COM USD0.10 | 16 868.00 | 506 078.44 | 0.18 |
| USD	LKQ CORP COM | 23 435.00 | 438 051.36 | 0.16 |
| USD	LOWE’S COS INC COM USD0.50 | 10 755.00 | 843 442.92 | 0.30 |
| USD	MASTERCARD INC COM USD0.0001 CLASS ‘A’ | 6 324.00 | 1 392 230.98 | 0.50 |
| USD	MICRON TECHNOLOGY COM USD0.10 | 12 638.00 | 484 442.27 | 0.18 |
| USD	MICROSOFT CORP COM USD0.0000125 | 44 207.00 | 6 353 963.06 | 2.30 |
| USD	MOHAWK INDS COM USD0.01 | 7 892.00 | 548 358.24 | 0.20 |
| USD	MONDELEZ INTL INC COM USD0.01 | 37 887.00 | 1 729 214.82 | 0.63 |
| USD	NETFLIX INC COM USD0.001 | 3 235.00 | 1 107 079.06 | 0.40 |
| USD	NIKE INC CLASS’B’COM NPV | 8 049.00 | 606 948.52 | 0.22 |
| USD	PALO ALTO NETWORKS COM USD0.0001 | 4 080.00 | 609 666.71 | 0.22 |
| USD	REYNOLDS CONSUMER COM USD0.001 | 3 733.00 | 99 240.47 | 0.04 |
| USD	SALESFORCE.COM INC COM USD0.001 | 9 666.00 | 1 268 362.43 | 0.46 |
| USD	SERVICENOW INC COM USD0.001 | 3 110.00 | 812 270.49 | 0.29 |
| USD	SPIRIT AEROSYSTEMS COM STK USD0.01 CLASS ‘A’ | 14 843.00 | 323 712.00 | 0.12 |
| USD	STARBUCKS CORP COM USD0.001 | 6 679.00 | 400 161.73 | 0.14 |
| USD	STERICYCLE INC COM | 11 807.00 | 522 746.93 | 0.19 |
| USD	SYNCHRONY FINANCIA COM USD0.001 | 28 568.00 | 418 919.23 | 0.15 |
| USD	TJX COS INC COM USD1 | 25 522.00 | 1 112 059.08 | 0.40 |
| USD	TWITTER INC COM USD0.000005 | 26 807.00 | 600 027.27 | 0.22 |
| USD	UNION PACIFIC CORP COM USD2.50 | 5 235.00 | 672 904.44 | 0.24 |
| USD	UNITED RENTALS INC COM | 2 496.00 | 234 074.64 | 0.08 |
| USD	UNITEDHEALTH GRP COM USD0.01 | 3 036.00 | 690 013.83 | 0.25 |
| USD	VISA INC COM STK USD0.0001 | 12 530.00 | 1 839 903.03 | 0.67 |
| USD	WALT DISNEY CO. DISNEY COM USD0.01 | 15 621.00 | 1 375 245.93 | 0.50 |
| USD	WELLS FARGO & CO COM USD1 2/3 | 38 586.00 | 1 009 266.99 | 0.36 |
| USD	WESTERN DIGITAL CORP COM | 9 271.00 | 351 660.08 | 0.13 |
| USD	ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 6 155.00 | 567 006.06 | 0.19 |
| Total Vereinigte Staaten |  | 54 960 330.19 | 19.87 |
| Total Namensaktien |  | 92 521 263.18 | 33.45 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Halbjahresbericht per 31. März 2020
| Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Depository Receipts |  |  |  |
| China |  |  |  |
| USD	ALIBABA GROUP HLDG SPON ADS EACH REP ONE ORD-ADR | 3 900.00 | 691 248.12 | 0.25 |
| USD	NETEASE INC ADR REP 25 COM USD0.0001 | 900.00 | 263 261.79 | 0.09 |
| USD	TENCENT HLDGS LIMI UNSP ADR EACH REP 1 ORD | 4 179.00 | 186 964.78 | 0.07 |
| Total China |  | 1 141 474.69 | 0.41 |
| Spanien |  |  |  |
| USD	GRIFOLS SA SPON ADR EA REPR 1 ORD | 29 200.00 | 535 965.36 | 0.19 |
| Total Spanien |  | 535 965.36 | 0.19 |
| Schweiz |  |  |  |
| USD	NOVARTIS A G SPONSORED ADR | 5 400.00 | 405 768.97 | 0.15 |
| Total Schweiz |  | 405 768.97 | 0.15 |
| Grossbritannien |  |  |  |
| USD	GLAXOSMITHKLINE PLC SPONSORED ADR | 21 400.00 | 738 980.18 | 0.27 |
| Total Grossbritannien |  | 738 980.18 | 0.27 |
| Total Depository Receipts |  | 2 822 189.20 | 1.02 |
| Notes, fester Zins |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 5.50000% 11-21.04.23 | 1 200 000.00 | 776 081.07 | 0.28 |
| AUD	NEW SOUTH WALES TREASURY CORP 4.00000% 13-20.04.23 | 1 300 000.00 | 798 710.61 | 0.29 |
| Total AUD |  | 1 574 791.68 | 0.57 |
| GBP |  |  |  |
| GBP	BRITISH TELECOMMUNICATIONS PLC 5.75000% 99-07.12.28 | 500 000.00 | 679 324.21 | 0.25 |
| Total GBP |  | 679 324.21 | 0.25 |
| USD |  |  |  |
| USD	ABBVIE INC 2.90000% 13-06.11.22 | 400 000.00 | 368 521.01 | 0.13 |
| USD	APPLE INC 2.40000% 13-03.05.23 | 400 000.00 | 380 059.39 | 0.14 |
| USD	E.ON INTERNATIONAL FINANCE BV-REG-S 6.65000% 08-30.04.38 | 400 000.00 | 502 593.75 | 0.18 |
| USD	GOLDMAN SACHS GROUP INC 3.62500% 13-22.01.23 | 400 000.00 | 374 106.83 | 0.14 |
| USD	INTERNATIONAL BUSINESS MACHINES CORP 3.37500% 13-01.08.23 | 500 000.00 | 479 605.65 | 0.17 |
| USD	TAQA ABU DHABI NATIONAL ENERGY CO-REG-S 3.62500% 12-12.01.23 | 400 000.00 | 362 506.27 | 0.13 |
| USD	TIME WARNER CABLE LLC 4.00000% 11-01.09.21 | 500 000.00 | 456 586.19 | 0.17 |
| USD	TOTAL CAPITAL CANADA LTD 2.75000% 13-15.07.23 | 400 000.00 | 369 466.14 | 0.13 |
| USD	VERIZON COMMUNICATIONS INC 4.01600% 19-03.12.29 | 400 000.00 | 409 425.13 | 0.15 |
| USD	WALMART INC 6.50000% 07-15.08.37 | 500 000.00 | 646 870.49 | 0.23 |
| Total USD |  | 4 349 740.85 | 1.57 |
| Total Notes, fester Zins |  | 6 603 856.74 | 2.39 |
| Medium-Term Notes, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	WELLS FARGO & CO-REG-S 2.62500% 12-16.08.22 | 400 000.00 | 406 637.60 | 0.15 |
| Total EUR |  | 406 637.60 | 0.15 |
| GBP |  |  |  |
| GBP	BANK OF AMERICA CORP-REG-S 2.30000% 16-25.07.25 | 1 000 000.00 | 1 092 423.95 | 0.39 |
| Total GBP |  | 1 092 423.95 | 0.39 |
| USD |  |  |  |
| USD	SUN HUNG KAI PROPERTIES LTD-REG-S 4.50000% 12-14.02.22 | 1 000 000.00 | 956 418.32 | 0.35 |
| Total USD |  | 956 418.32 | 0.35 |
| Total Medium-Term Notes, fester Zins |  | 2 455 479.87 | 0.89 |
| Medium-Term Notes, variabler Zins |  |  |  |
| GBP |  |  |  |
| GBP	IMPERIAL BRANDS FIN-REG-S 9.000%/RATING LINKED 09-17.02.22 | 500 000.00 | 620 066.54 | 0.22 |
| Total GBP |  | 620 066.54 | 0.22 |
| Total Medium-Term Notes, variabler Zins |  | 620 066.54 | 0.22 |
| Anleihen, fester Zins |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 2.75000% 12-21.04.24 | 4 000 000.00 | 2 448 378.50 | 0.89 |
| AUD	AUSTRALIA-REG-S 2.25000% 16-21.05.28 | 1 350 000.00 | 847 578.39 | 0.31 |
| AUD	AUSTRALIA-REG-S 2.75000% 14-21.06.35 | 1 720 000.00 | 1 174 438.30 | 0.42 |
| AUD	AUSTRALIA-REG-S 2.75000% 16-21.11.27 | 2 350 000.00 | 1 520 978.97 | 0.55 |
| AUD	AUSTRALIA-REG-S 3.00000% 16-21.03.47 | 1 150 000.00 | 832 684.75 | 0.30 |
| AUD	AUSTRALIA-REG-S 3.25000% 13-21.04.25 | 2 350 000.00 | 1 496 007.51 | 0.54 |
| AUD	QUEENSLAND TREASURY CORP 6.00000% 11-21.07.22 | 50 000.00 | 31 325.97 | 0.01 |
| AUD	QUEENSLAND TREASURY CORP-REG-S 4.25000% 12-21.07.23 | 850 000.00 | 529 023.44 | 0.19 |
| AUD	TREASURY CORP OF VICTORIA 6.00000% 03-17.10.22 | 1 300 000.00 | 823 967.39 | 0.30 |
| Total AUD |  | 9 704 383.22 | 3.51 |
| CAD |  |  |  |
| CAD	CANADA, GOVERNMENT 0.75000% 16-01.09.21 | 2 100 000.00 | 1 349 750.56 | 0.49 |
| CAD	CANADA, GOVERNMENT 0.50000% 16-01.03.22 | 2 100 000.00 | 1 345 609.12 | 0.48 |
| CAD	CANADA, GOVERNMENT 2.75000% 14-01.12.64 | 900 000.00 | 855 868.87 | 0.31 |
| CAD	CANADA, GOVERNMENT 2.75000% 14-01.12.48 | 1 000 000.00 | 856 719.82 | 0.31 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Halbjahresbericht per 31. März 2020
|  | Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| CAD | CANADA, GOVERNMENT 2.25000% 14-01.06.25 | 1 800 000.00 | 1 248 509.72 | 0.45 |
| CAD | CANADA, GOVERNMENT 3.25000% 10-01.06.21 | 4 400 000.00 | 2 908 821.22 | 1.05 |
| CAD | CANADA, GOVERNMENT 3.50000% 11-01.12.45 | 1 150 000.00 | 1 085 370.53 | 0.39 |
| CAD | CANADA, GOVERNMENT 5.75000% 01-01.06.33 | 1 050 000.00 | 1 069 799.11 | 0.39 |
| Total CAD |  |  | 10 720 448.95 | 3.87 |
| EUR |  |  |  |  |
| EUR | FRANCE, REPUBLIC OF-OAT 2.75000% 12-25.10.27 | 1 450 000.00 | 1 771 146.00 | 0.64 |
| EUR | FRANCE, REPUBLIC OF-OAT-144A-REG-S 1.25000% 15-25.05.36 | 700 000.00 | 793 527.00 | 0.29 |
| EUR | GERMANY, REPUBLIC OF 1.50000% 14-15.05.24 | 1 600 000.00 | 1 746 384.00 | 0.63 |
| EUR | GERMANY, REPUBLIC OF 4.75000% 98-04.07.28 | 900 000.00 | 1 302 357.60 | 0.47 |
| EUR | GERMANY, REPUBLIC OF 4.00000% 05-04.01.37 | 1 500 000.00 | 2 587 866.00 | 0.94 |
| EUR | GERMANY, REPUBLIC OF 2.25000% 11-04.09.21 | 1 700 000.00 | 1 770 026.40 | 0.64 |
| EUR | ITALY, REPUBLIC OF BTP 3.75000% 10-01.03.21 | 2 200 000.00 | 2 271 205.20 | 0.82 |
| EUR | ITALY, REPUBLIC OF-BTP 4.00000% 05-01.02.37 | 660 000.00 | 838 264.68 | 0.30 |
| EUR | ITALY, REPUBLIC OF-BTP 2.20000% 17-01.06.27 | 1 400 000.00 | 1 494 920.00 | 0.54 |
| Total EUR |  |  | 14 575 696.88 | 5.27 |
| USD |  |  |  |  |
| USD | CHINA OVERSEAS FINANCE CAYMAN II-REG-S 5.50000% 10-10.11.20 | 400 000.00 | 373 889.26 | 0.14 |
| USD | PFIZER INC 7.20000% 09-15.03.39 | 400 000.00 | 584 050.89 | 0.21 |
| Total USD |  |  | 957 940.15 | 0.35 |
| Total Anleihen, fester Zins |  | 35 958 469.20 | 13.00 |
| Anleihen, Nullcoupon |  |  |  |
| EUR |  |  |  |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.21 | 1 600 000.00 | 1 609 318.88 | 0.58 |
| Total EUR |  | 1 609 318.88 | 0.58 |
| Total Anleihen, Nullcoupon |  | 1 609 318.88 | 0.58 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.00000% 07-15.05.37 | 650 000.00 | 972 815.56 | 0.35 |
| USD	AMERICA, UNITED STATES OF 3.50000% 09-15.02.39 | 400 000.00 | 519 366.60 | 0.19 |
| USD	AMERICA, UNITED STATES OF 3.62500% 14-15.02.44 | 2 700 000.00 | 3 644 715.31 | 1.32 |
| USD	AMERICA, UNITED STATES OF 3.00000% 15-15.05.45 | 1 200 000.00 | 1 489 747.10 | 0.54 |
| USD	AMERICA, UNITED STATES OF 2.25000% 16-15.08.46 | 625 000.00 | 687 576.49 | 0.25 |
| USD	AMERICA, UNITED STATES OF 1.87500% 17-30.09.22 | 2 200 000.00 | 2 086 309.37 | 0.75 |
| USD	AMERICA, UNITED STATES OF 1.75000% 17-15.11.20 | 2 700 000.00 | 2 486 649.68 | 0.90 |
| USD	AMERICA, UNITED STATES OF 2.37500% 14-15.08.24 | 3 250 000.00 | 3 220 773.84 | 1.16 |
| USD	AMERICA, UNITED STATES OF 2.00000% 15-15.02.25 | 2 580 000.00 | 2 533 652.89 | 0.92 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 3 200 000.00 | 3 173 159.96 | 1.15 |
| Total USD |  | 20 814 766.80 | 7.53 |
| Total Treasury-Notes, fester Zins |  | 20 814 766.80 | 7.53 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 1 650 000.00 | 3 178 615.06 | 1.15 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 685 000.00 | 947 554.37 | 0.34 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 610 000.00 | 624 669.21 | 0.23 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 1 125 000.00 | 1 149 735.34 | 0.41 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 890 000.00 | 947 398.00 | 0.34 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 1 125 000.00 | 1 152 422.57 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 1 145 000.00 | 1 152 197.63 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 1 160 000.00 | 1 155 305.04 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 1 130 000.00 | 1 148 139.94 | 0.41 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 1 140 000.00 | 1 152 786.40 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 1 155 000.00 | 1 156 860.28 | 0.42 |
| Total USD |  | 13 765 683.84 | 4.98 |
| Total Treasury-Notes, variabler Zins | 13 765 683.84 | 4.98 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 221 437 714.23 | 80.06 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Treasury-Bills, Nullcoupon |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 18.07.19-16.07.20	7 000 000.00 | 6 378 106.03 | 2.31 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 15.08.19-13.08.20	7 000 000.00 | 6 377 739.07 | 2.30 |
| Total USD | 12 755 845.10 | 4.61 |
| Total Treasury-Bills, Nullcoupon | 12 755 845.10 | 4.61 |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	MORGAN STANLEY 3.75000% 13-25.02.23	400 000.00 | 377 924.12 | 0.14 |
| USD	WALT DISNEY CO 3.00000% 19-15.09.22	400 000.00 | 373 941.04 | 0.13 |
| Total USD | 751 865.16 | 0.27 |
| Total Notes, fester Zins | 751 865.16 | 0.27 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Halbjahresbericht per 31. März 2020
| Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |

Medium-Term Notes, fester Zins
| USD |  |
| --- | --- |
| USD | BANK OF AMERICA CORP 3.30000% 13-11.01.23 | 400 000.00 | 377 685.99 | 0.13 |
| Total USD |  |  | 377 685.99 | 0.13 |
| Total Medium-Term Notes, fester Zins |  | 377 685.99 | 0.13 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA MOVIL SAB DE CV 3.12500% 12-16.07.22 | 400 000.00 | 368 204.15 | 0.14 |
| Total USD |  | 368 204.15 | 0.14 |
| Total Anleihen, fester Zins |  | 368 204.15 | 0.14 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 1 500 000.00 | 1 502 308.39 | 0.54 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.04.21 | 1 180 000.00 | 1 147 239.68 | 0.41 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 1 133 500.00 | 1 148 018.36 | 0.42 |
| Total USD |  | 3 797 566.43 | 1.37 |
| Total Treasury-Notes, variabler Zins |  | 3 797 566.43 | 1.37 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  | 18 051 166.83 | 6.52 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
Luxemburg
| USD | UBS (LUX) EMERGING ECONOMIES FUND-GLOBAL BONDS (USD)-U-X ACC | 486.00 | 5 224 811.16 | 1.89 |
| --- | --- | --- | --- | --- |
| USD | UBS (LUX) INST FUND - EMERGING MARKETS EQUITY FA | 1.00 | 21 651.36 | 0.01 |
| USD | UBS LUX BOND SICAV-CHINA FIXED INCOME (RMB)(USD HGD) U-X-ACC | 577.00 | 5 468 939.83 | 1.98 |
| USD | X-TRACKERS HARVEST CSI300 INDEX UCITS ETF-EUR-1D-DISTR | 567 000.00 | 5 331 531.10 | 1.93 |
| Total Luxemburg | 16 046 933.45 | 5.81 |
| Total Investment Fonds, open end | 16 046 933.45 | 5.81 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 16 046 933.45 | 5.81 |
| Total des Wertpapierbestandes | 255 535 814.51 | 92.39 |

| Derivative Instrumente |  |
| --- | --- |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |
| Finanzterminkontrakte auf Anleihen |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.06.20 | -96.00 | 257 280.00 | 0.09 |
| EUR	EURO-BOBL FUTURE 08.06.20 | -147.00 | 151 410.00 | 0.05 |
| USD	US 2YR TREASURY NOTE FUTURE 30.06.20 | 99.00 | 118 421.05 | 0.04 |
| USD	US 10YR TREASURY NOTE FUTURE 19.06.20 | 139.00 | 762 061.41 | 0.28 |
| USD	US 5YR TREASURY NOTE FUTURE 30.06.20 | 118.00 | 192 398.56 | 0.07 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 19.06.20 | 19.00 | 352 813.85 | 0.13 |
| CAD	CAN 10YR BOND FUTURE 19.06.20 | 101.00 | 182 549.20 | 0.07 |
| Total Finanzterminkontrakte auf Anleihen |  | 2 016 934.07 | 0.73 |
| Finanzterminkontrakte auf Indizes |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 19.06.20 | -85.00 | -364 650.00 | -0.13 |
| CHF	SWISS MARKET INDEX FUTURE 19.06.20 | -54.00 | -781 278.67 | -0.28 |
| EUR	CAC 40 INDEX FUTURE 17.04.20 | -176.00 | -1 125 838.00 | -0.41 |
| GBP	FTSE 100 INDEX FUTURE 19.06.20 | -104.00 | -760 869.93 | -0.28 |
| SEK	OMX 30 INDEX FUTURE 17.04.20 | -595.00 | -1 094 067.71 | -0.40 |
| USD	S&P500 EMINI FUTURE 19.06.20 | -86.00 | 438 692.18 | 0.16 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 19.06.20 | 536.00 | 1 190 520.85 | 0.43 |
| AUD	SPI 200 INDEX FUTURES 18.06.20 | 33.00 | 125 631.32 | 0.05 |
| JPY	TOPIX INDX FUTURE 11.06.20 | 78.00 | 556 420.29 | 0.20 |
| HKD	HANG SENG INDEX FUTURE 28.04.20 | 21.00 | 32 715.45 | 0.01 |
| CAD	S&P/TSX 60 INDEX FUTURE 18.06.20 | 6.00 | -714.57 | 0.00 |
| USD	E-MINI RUSSELL 1000 VALUE INDEX FUTURE 19.06.20 | 300.00 | 764 183.19 | 0.28 |
| Total Finanzterminkontrakte auf Indizes |  | -1 019 255.60 | -0.37 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  | 997 678.47 | 0.36 |

Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Credit-Default-Swaps*
| USD | ICE/CDX.NA.HY.34 CDI REC 5.00000% 20-20.06.25 | 17 200 000.00 | -980 244.55 | -0.35 |
| --- | --- | --- | --- | --- |
| Total Credit-Default-Swaps | -980 244.55 | -0.35 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | -980 244.55 | -0.35 |
| Total Derivative Instrumente | 17 433.92 | 0.01 |
| * Nominal positiv: der Subfonds ist «Receiver of protection», Nominal negativ: der Subfonds ist «Seller of protection». |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Halbjahresbericht per 31. März 2020
| Bezeichnung	Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Devisenterminkontrakte
Devisenterminkontrakte (Kauf/Verkauf)
| EUR | 174 046.16 | DKK | 1 300 000.00 | 2.4.2020 | -165.72 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 29 982 215.39 | CAD | 43 663 406.09 | 2.4.2020 | 2 024 587.78 | 0.73 |
| EUR | 27 410 795.44 | AUD | 44 501 727.92 | 2.4.2020 | 2 587 571.40 | 0.94 |
| EUR | 20 473 092.00 | CHF | 21 977 917.49 | 2.4.2020 | -228 680.51 | -0.08 |
| EUR | 2 450 055.71 | DKK | 18 300 000.00 | 2.4.2020 | -2 311.48 | 0.00 |
| EUR | 3 803 247.42 | SEK | 40 214 096.80 | 2.4.2020 | 104 114.97 | 0.04 |
| NOK | 42 687 918.42 | EUR | 4 277 348.76 | 2.4.2020 | -572 514.96 | -0.21 |
| EUR | 21 226 824.57 | GBP | 18 094 999.77 | 2.4.2020 | 778 526.58 | 0.28 |
| EUR | 7 070 131.56 | NZD | 11 935 000.00 | 2.4.2020 | 621 587.70 | 0.22 |
| EUR | 1 748 977.87 | HKD | 15 149 999.57 | 2.4.2020 | -32 395.26 | -0.01 |
| JPY | 1 185 915 005.00 | EUR | 9 719 449.26 | 2.4.2020 | 292 190.46 | 0.11 |
| EUR | 175 430 766.75 | USD | 195 413 857.33 | 2.4.2020 | -2 663 429.95 | -0.96 |
| MXN | 264 780 000.00 | EUR | 12 545 452.87 | 2.4.2020 | -2 259 004.17 | -0.82 |
| EUR | 1 303 349.65 | USD | 1 440 000.00 | 2.4.2020 | -9 022.19 | 0.00 |
| GBP | 900 000.00 | EUR | 1 060 948.17 | 2.4.2020 | -43 901.01 | -0.02 |
| EUR | 247 981.04 | NOK | 2 500 000.00 | 2.4.2020 | 31 009.01 | 0.01 |
| GBP | 760 000.00 | EUR | 896 672.43 | 2.4.2020 | -37 832.60 | -0.01 |
| JPY | 40 000 000.00 | EUR | 331 676.33 | 2.4.2020 | 6 008.57 | 0.00 |
| EUR | 636 289.02 | USD | 700 000.00 | 2.4.2020 | -1 669.51 | 0.00 |
| EUR | 600 259.76 | NOK | 6 100 000.00 | 2.4.2020 | 70 848.00 | 0.03 |
| GBP | 900 000.00 | EUR | 1 073 209.33 | 2.4.2020 | -56 162.17 | -0.02 |
| COP | 25 100 000 000.00 | USD | 7 301 818.18 | 23.4.2020 | -1 029 046.03 | -0.37 |
| CLP | 5 967 850 000.00 | USD | 7 350 293.13 | 23.4.2020 | -313 571.08 | -0.11 |
| SEK | 4 400 000.00 | EUR | 415 803.87 | 2.4.2020 | -11 065.63 | 0.00 |
| CHF | 600 000.00 | EUR | 564 586.75 | 2.4.2020 | 574.33 | 0.00 |
| EUR | 398 815.52 | JPY | 48 000 000.00 | 2.4.2020 | -6 406.36 | 0.00 |
| SEK | 5 000 000.00 | EUR | 472 627.69 | 2.4.2020 | -12 697.87 | 0.00 |
| CAD | 700 000.00 | EUR | 479 341.02 | 2.4.2020 | -31 131.84 | -0.01 |
| EUR | 291 932.10 | NOK | 3 000 000.00 | 2.4.2020 | 31 565.66 | 0.01 |
| EUR | 207 579.82 | JPY | 25 000 000.00 | 2.4.2020 | -3 473.24 | 0.00 |
| EUR | 66 930.67 | DKK | 500 000.00 | 2.4.2020 | -73.90 | 0.00 |
| GBP | 1 530 000.00 | EUR | 1 781 180.26 | 2.4.2020 | -52 200.08 | -0.02 |
| EUR | 430 189.16 | JPY | 51 000 000.00 | 2.4.2020 | -359.09 | 0.00 |
| USD | 900 000.00 | EUR | 803 790.89 | 2.4.2020 | 16 441.51 | 0.01 |
| EUR | 381 333.87 | JPY | 46 000 000.00 | 2.4.2020 | -7 003.76 | 0.00 |
| CHF | 180 000.00 | EUR | 169 048.26 | 2.4.2020 | 500.06 | 0.00 |
| EUR | 249 887.77 | USD | 280 000.00 | 2.4.2020 | -5 295.64 | 0.00 |
| CHF | 170 000.00 | EUR | 159 784.47 | 2.4.2020 | 344.50 | 0.00 |
| EUR | 175 783.36 | JPY | 21 000 000.00 | 2.4.2020 | -1 501.21 | 0.00 |
| USD | 250 000.00 | EUR | 220 602.70 | 2.4.2020 | 7 239.63 | 0.00 |
| EUR | 615 873.09 | USD | 700 000.00 | 2.4.2020 | -22 085.44 | -0.01 |
| EUR | 809 364.35 | JPY | 96 000 000.00 | 2.4.2020 | -1 079.41 | 0.00 |
| CAD | 800 000.00 | EUR | 513 918.85 | 2.4.2020 | -1 679.79 | 0.00 |
| GBP | 420 000.00 | EUR | 481 238.46 | 2.4.2020 | -6 616.45 | 0.00 |
| EUR | 368 391.97 | AUD | 640 000.00 | 2.4.2020 | 11 397.67 | 0.00 |
| CHF | 1 800 000.00 | EUR | 1 707 020.31 | 2.4.2020 | -11 537.08 | 0.00 |
| EUR | 3 113 618.61 | USD | 3 500 000.00 | 2.4.2020 | -76 174.05 | -0.03 |
| GBP | 1 500 000.00 | EUR | 1 701 501.12 | 2.4.2020 | -6 422.51 | 0.00 |
| CAD | 1 800 000.00 | EUR | 1 158 991.11 | 2.4.2020 | -6 453.23 | 0.00 |
| EUR | 9 089 856.78 | USD | 10 130 000.00 | 2.4.2020 | -142 314.56 | -0.05 |
| JPY | 708 160 000.00 | EUR | 6 051 270.71 | 2.4.2020 | -72 897.25 | -0.03 |
| USD | 6 414 990.12 | COP | 25 967 880 000.00 | 23.4.2020 | 26 358.45 | 0.01 |
| USD | 11 241 579.13 | MXN | 250 640 000.00 | 2.4.2020 | 508 107.18 | 0.18 |
| CAD | 41 217 700.00 | EUR | 26 635 075.87 | 17.4.2020 | -254 464.24 | -0.09 |
| GBP | 22 396 900.00 | EUR | 25 240 155.57 | 17.4.2020 | 62 958.10 | 0.02 |
| EUR | 177 633.89 | AUD | 320 000.00 | 2.4.2020 | -863.26 | 0.00 |
| EUR | 2 714 401.66 | USD | 3 010 000.00 | 2.4.2020 | -28 820.03 | -0.01 |
| EUR | 548 844.64 | JPY | 65 000 000.00 | 2.4.2020 | 106.68 | 0.00 |
| SEK | 10 300 000.00 | EUR | 947 871.35 | 2.4.2020 | -415.92 | 0.00 |
| EUR | 2 218 319.58 | CAD | 3 431 200.00 | 17.4.2020 | 22 244.72 | 0.01 |
| EUR | 2 143 420.61 | GBP | 1 927 800.00 | 17.4.2020 | -34 530.02 | -0.01 |
| EUR | 575 748.13 | JPY | 68 000 000.00 | 2.4.2020 | 1 683.80 | 0.00 |
| USD | 2 280 000.00 | EUR | 2 042 379.92 | 2.4.2020 | 35 542.16 | 0.01 |
| CAD | 2 050 000.00 | EUR | 1 312 840.22 | 2.4.2020 | -227.63 | 0.00 |
| GBP | 200 000.00 | EUR | 219 682.93 | 2.4.2020 | 6 327.55 | 0.00 |
| EUR | 71 496.84 | GBP | 65 400.00 | 17.4.2020 | -2 389.44 | 0.00 |
| CAD | 300 000.00 | EUR | 191 830.39 | 2.4.2020 | 259.26 | 0.00 |
| AUD | 1 400 000.00 | EUR | 751 485.75 | 2.4.2020 | 29 439.29 | 0.01 |
| EUR | 2 461 764.45 | USD | 2 660 000.00 | 2.4.2020 | 37 522.03 | 0.01 |
| EUR | 135 742.45 | NOK | 1 700 000.00 | 2.4.2020 | -11 798.53 | 0.00 |
| EUR | 167 450.91 | HKD | 1 400 000.00 | 2.4.2020 | 2 835.57 | 0.00 |
| GBP | 940 000.00 | EUR | 1 012 246.46 | 2.4.2020 | 50 002.80 | 0.02 |
| USD | 110 000.00 | EUR | 102 096.53 | 2.4.2020 | -1 845.90 | 0.00 |
| EUR | 190 427.16 | HKD | 1 600 000.00 | 2.4.2020 | 2 295.34 | 0.00 |
| USD | 840 000.00 | EUR | 775 384.85 | 2.4.2020 | -9 834.61 | 0.00 |
| USD | 1 190 000.00 | EUR | 1 097 381.24 | 2.4.2020 | -12 851.73 | 0.00 |
| EUR | 584 200.36 | GBP | 530 000.00 | 2.4.2020 | -14 727.41 | -0.02 |
| EUR | 293 505.90 | SEK | 3 200 000.00 | 2.4.2020 | -849.18 | 0.00 |
| USD | 1 340 000.00 | EUR | 1 235 639.49 | 2.4.2020 | -14 404.58 | -0.02 |
| EUR | 383 136.31 | SEK | 4 200 000.00 | 2.4.2020 | -3 204.74 | 0.00 |
| EUR | 361 663.69 | GBP | 330 000.00 | 2.4.2020 | -11 253.60 | 0.00 |
| USD | 710 000.00 | EUR | 647 025.05 | 2.4.2020 | 47.18 | 0.00 |
| USD | 820 000.00 | EUR | 745 682.93 | 2.4.2020 | 1 639.92 | 0.00 |
| USD | 2 500 000.00 | EUR | 2 258 482.82 | 28.5.2020 | 14 988.50 | 0.00 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Halbjahresbericht per 31. März 2020
| Bezeichnung	Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Devisenterminkontrakte (Fortsetzung)
Devisenterminkontrakte (Kauf/Verkauf)
| EUR | 24 503 220.53 | AUD | 44 061 727.92 | 28.5.2020 | -26 101.59 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 24 302 300.75 | CAD | 38 013 406.09 | 28.5.2020 | 3 334.17 | 0.00 |
| EUR | 180 201 800.23 | USD | 198 152 278.20 | 28.5.2020 | 4 391.72 | 0.00 |
| EUR | 18 175 422.40 | CHF | 19 227 917.49 | 28.5.2020 | 52 658.38 | 0.02 |
| EUR | 2 516 249.13 | SEK | 27 914 096.80 | 28.5.2020 | -49 044.07 | -0.02 |
| EUR | 2 126 920.98 | HKD | 18 149 999.57 | 28.5.2020 | -2 067.47 | 0.00 |
| EUR | 2 690 704.30 | DKK | 20 100 000.00 | 28.5.2020 | -2 644.48 | 0.00 |
| EUR | 6 465 289.82 | NZD | 11 935 000.00 | 28.5.2020 | 33 764.25 | 0.01 |
| EUR | 13 256 751.98 | GBP | 11 804 999.77 | 28.5.2020 | -68 393.89 | -0.02 |
| JPY | 1 514 075 005.00 | EUR | 12 721 738.24 | 28.5.2020 | 64 798.36 | 0.02 |
| MXN | 14 140 000.00 | EUR | 534 689.90 | 28.5.2020 | 8 723.55 | 0.00 |
| NOK | 29 387 918.42 | EUR | 2 553 483.89 | 28.5.2020 | -7 893.21 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | -732 263.77 | -0.26 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 21 143 068.69* | 7.64 |
| Andere Aktiva und Passiva | 627 166.80 | 0.22 |
| Total des Nettovermögens | 276 591 220.15 | 100.00 |
| * Zum 31. März 2020 wurden gegenüber Goldman Sachs Bankguthaben in Höhe von EUR 300 751.88 als Sicherheit eingesetzt. |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Halbjahresbericht per 31. März 2020