# UBS (Lux) Bond SICAV – Asian High Yield (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Net assets in USD |  | 574 557 318.80 | 247 306 013.74 | 135 731 702.04 |
| Class F-acc | LU0949706286 |  |  |  |
| Shares outstanding |  | 237 644.2780 | 73 426.0000 | 96 817.4020 |
| Net asset value per share in USD |  | 165.29 | 160.00 | 144.37 |
| Issue and redemption price per share in USD 1 |  | 165.29 | 160.00 | 144.37 |
| Class F-dist 2 | LU2073878949 |  |  |  |
| Shares outstanding |  | 78 218.3610 | - | - |
| Net asset value per share in USD |  | 100.12 | - | - |
| Issue and redemption price per share in USD 1 |  | 100.12 | - | - |
| Class I-A1-acc | LU0871581103 |  |  |  |
| Shares outstanding |  | 2 359.6900 | 2 359.6900 | 1 000.0000 |
| Net asset value per share in USD |  | 111.60 | 108.12 | 97.72 |
| Issue and redemption price per share in USD 1 |  | 111.60 | 108.12 | 97.72 |
| Class I-B-acc | LU1739859327 |  |  |  |
| Shares outstanding |  | 95 519.1780 | 85 789.3520 | 40 056.1570 |
| Net asset value per share in USD |  | 114.26 | 110.38 | 99.20 |
| Issue and redemption price per share in USD 1 |  | 114.26 | 110.38 | 99.20 |
| Class I-X-dist | LU0883523861 |  |  |  |
| Shares outstanding |  | 916 110.8610 | 275 770.6660 | 309 044.4060 |
| Net asset value per share in USD |  | 100.73 | 103.28 | 98.52 |
| Issue and redemption price per share in USD 1 |  | 100.73 | 103.28 | 98.52 |
| Class K-1-acc | LU0725271869 |  |  |  |
| Shares outstanding |  | 0.3000 | 0.3000 | 0.3000 |
| Net asset value per share in USD |  | 8 101 499.60 | 7 858 814.83 | 7 121 244.93 |
| Issue and redemption price per share in USD 1 |  | 8 101 499.60 | 7 858 814.83 | 7 121 244.93 |
| Class K-X-acc 3 | LU1957417949 |  |  |  |
| Shares outstanding |  | 178 734.0440 | 99 495.3510 | - |
| Net asset value per share in USD |  | 104.38 | 100.80 | - |
| Issue and redemption price per share in USD 1 |  | 104.38 | 100.80 | - |
| Class (EUR hedged) K-X-mdist 3 | LU1957417865 |  |  |  |
| Shares outstanding |  | 47 055.6450 | 23 500.0000 | - |
| Net asset value per share in EUR |  | 98.61 | 99.70 | - |
| Issue and redemption price per share in EUR 1 |  | 98.61 | 99.70 | - |
| Class P-acc | LU0626906662 |  |  |  |
| Shares outstanding |  | 381 062.6990 | 148 003.3460 | 125 290.6290 |
| Net asset value per share in USD |  | 155.80 | 151.51 | 137.98 |
| Issue and redemption price per share in USD 1 |  | 155.80 | 151.51 | 137.98 |
| Class (CHF hedged) P-acc | LU0626907470 |  |  |  |
| Shares outstanding |  | 49 320.6330 | 40 833.4360 | 39 289.3890 |
| Net asset value per share in CHF |  | 137.03 | 135.40 | 127.43 |
| Issue and redemption price per share in CHF 1 |  | 137.03 | 135.40 | 127.43 |
| Class (EUR hedged) P-acc | LU0626907397 |  |  |  |
| Shares outstanding |  | 103 448.1110 | 95 846.6690 | 86 446.5390 |
| Net asset value per share in EUR |  | 141.49 | 139.50 | 130.70 |
| Issue and redemption price per share in EUR 1 |  | 141.49 | 139.50 | 130.70 |
| Class P-dist | LU0725271786 |  |  |  |
| Shares outstanding |  | 77 901.5470 | 66 041.4660 | 78 900.3110 |
| Net asset value per share in USD |  | 107.48 | 109.48 | 104.33 |
| Issue and redemption price per share in USD 1 |  | 107.48 | 109.48 | 104.33 |
| Class P-mdist | LU0626906746 |  |  |  |
| Shares outstanding |  | 1 022 568.1500 | 154 898.1270 | 111 181.4550 |
| Net asset value per share in USD |  | 93.74 | 94.13 | 91.59 |
| Issue and redemption price per share in USD 1 |  | 93.74 | 94.13 | 91.59 |
| Class (SGD hedged) P-mdist 4 | LU0626907124 |  |  |  |
| Shares outstanding |  | 83 240.7670 | - | - |
| Net asset value per share in SGD |  | 101.26 | - | - |
| Issue and redemption price per share in SGD 1 |  | 101.26 | - | - |
| Class Q-acc | LU1240770955 |  |  |  |
| Shares outstanding |  | 461 525.8630 | 399 449.0500 | 172 236.5190 |
| Net asset value per share in USD |  | 130.83 | 126.85 | 114.83 |
| Issue and redemption price per share in USD 1 |  | 130.83 | 126.85 | 114.83 |
| Class (CHF hedged) Q-acc | LU1240770799 |  |  |  |
| Shares outstanding |  | 200 731.3810 | 185 396.4680 | 41 283.0100 |
| Net asset value per share in CHF |  | 120.44 | 118.67 | 111.02 |
| Issue and redemption price per share in CHF 1 |  | 120.44 | 118.67 | 111.02 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Class (EUR hedged) Q-acc | LU1240770872 |  |  |  |
| Shares outstanding |  | 146 162.1200 | 98 299.5150 | 36 968.5370 |
| Net asset value per share in EUR |  | 122.89 | 120.82 | 112.52 |
| Issue and redemption price per share in EUR 1 |  | 122.89 | 120.82 | 112.52 |
| Class Q-dist | LU1240771094 |  |  |  |
| Shares outstanding |  | 84 626.8430 | 46 753.3500 | 16 996.6490 |
| Net asset value per share in USD |  | 109.86 | 112.22 | 106.99 |
| Issue and redemption price per share in USD 1 |  | 109.86 | 112.22 | 106.99 |
| Class Q-mdist 5 | LU1240771177 |  |  |  |
| Shares outstanding |  | 286 186.1450 | 21 772.1490 | - |
| Net asset value per share in USD |  | 102.86 | 102.99 | - |
| Issue and redemption price per share in USD 1 |  | 102.86 | 102.99 | - |
| Class U-X-acc 6 | LU0626906829 |  |  |  |
| Shares outstanding | 5 318.0000 | 2 172.0000 | - |
| Net asset value per share in USD | 11 661.63 | 11 259.59 | - |
| Issue and redemption price per share in USD 1 | 11 661.63 | 11 259.59 | - |
| 1  See note 1 2  First NAV: 14.11.2019 3  First NAV: 21.3.2019 4  First NAV: 2.9.2019 5  For the period from 28.8.2015 to 14.6.2016 the share class Q-mdist was in circulation - reactivated 1.3.2019 6  First NAV: 13.11.2018 |  |  |  |


## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| China | 23.77 |
| --- | --- |
| United States | 13.32 |
| Cayman Islands | 9.74 |
| Hong Kong | 8.73 |
| India | 8.44 |
| British Virgin Islands | 7.46 |
| Sri Lanka | 5.64 |
| Singapore | 4.19 |
| Philippines | 3.76 |
| United Kingdom | 3.22 |
| Pakistan | 2.60 |
| Macau | 1.37 |
| Australia | 1.03 |
| Indonesia | 0.97 |
| The Netherlands | 0.87 |
| Mongolia | 0.60 |
| Thailand | 0.27 |
| Chile | 0.25 |
| South Korea | 0.20 |
| Cambodia | 0.09 |
| Mauritius | 0.09 |
| Bermuda | 0.05 |
| Total | 96.66 |

Economic Breakdown as a % of net assets	
| Real Estate | 29.11 |
| --- | --- |
| Countries & central governments | 21.09 |
| Finance & holding companies | 13.17 |
| Energy & water supply | 6.32 |
| Building industry & materials | 4.41 |
| Banks & credit institutions | 3.86 |
| Lodging, catering & leisure | 3.48 |
| Mining, coal & steel | 2.20 |
| Telecommunications | 2.01 |
| Miscellaneous services | 1.93 |
| Petroleum | 1.74 |
| Traffic & transportation | 1.57 |
| Aerospace industry | 1.03 |
| Internet, software & IT services | 0.90 |
| Electronics & semiconductors | 0.82 |
| Chemicals | 0.58 |
| Mortgage & funding institutions | 0.51 |
| Non-ferrous metals | 0.36 |
| Textiles, garments & leather goods | 0.34 |
| Mechanical engineering & industrial equipment | 0.25 |
| Tobacco & alcohol | 0.23 |
| Pharmaceuticals, cosmetics & medical products | 0.18 |
| Rubber & tyres | 0.15 |
| Miscellaneous unclassified companies | 0.13 |
| Retail trade, department stores | 0.13 |
| Miscellaneous trading companies | 0.12 |
| Electrical devices & components | 0.04 |
| Total | 96.66 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019

## Statement of Net Assets
Assets	30.11.2019
USD
Investments in securities, cost	555 139 928.08
| Investments in securities, unrealized appreciation (depreciation) | 	206 185.45	 |
| --- | --- |
| Total investments in securities (Note 1) | 555 346 113.53 |
| Cash at banks, deposits on demand and deposit accounts | 5 969 174.35 |
| Other liquid assets (Margins) | 988 172.03 |
| Receivable on securities sales (Note 1) | 172 773.33 |
| Receivable on subscriptions | 8 781 187.31 |
| Interest receivable on securities | 8 244 555.03 |
| Unrealized gain (loss) on financial futures (Note 1) | -168 515.63 |
| Unrealized gain (loss) on forward foreign exchange contracts (Note 1) | -369 486.78 |
| Total Assets | 578 963 973.17 |
|  |  |
| Liabilities |  |
| Interest payable on bank overdraft | -4.77 |
| Payable on securities purchases (Note 1) | -3 000 696.61 |
| Payable on redemptions | -1 217 291.88 |
| Provisions for flat fee (Note 2) | -152 216.92 |
| Provisions for taxe d’abonnement (Note 3) | -32 974.84 |
| Provisions for other commissions and fees (Note 2) | 	-3 469.35	 |
| Total provisions | -188 661.11 |
| Total Liabilities | -4 406 654.37 |
|  |  |
| Net assets at the end of the period | 574 557 318.80 |
| Statement of Operations | USD |
| Income | 1.6.2019-30.11.2019 |
| Interest on liquid assets | 67 137.44 |
| Interest on securities | 12 268 569.49 |
| Interest received on swaps (Note 1) | 19 444.44 |
| Income on securities lending (Note 13) | 151 655.57 |
| Other income (Note 4) | 697 760.88 |
| Total income | 13 204 567.82 |
|  |  |
| Expenses |  |
| Interest paid on swaps (Note 1) | -51 111.12 |
| Flat fee (Note 2) | -1 348 720.43 |
| Taxe d’abonnement (Note 3) | -80 108.20 |
| Cost on securities lending (Note 13) | -60 662.23 |
| Other commissions and fees (Note 2) | -22 911.78 |
| Interest on cash and bank overdraft | -1 084.26 |
| Total expenses | -1 564 598.02 |
|  |  |
| Net income (loss) on investments | 11 639 969.80 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 1 952 435.40 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 57 372.65 |
| Realized gain (loss) on financial futures | 2 485 210.96 |
| Realized gain (loss) on forward foreign exchange contracts | -751 932.84 |
| Realized gain (loss) on swaps | -545 526.71 |
| Realized gain (loss) on foreign exchange | -40 482.47 |
| Total realized gain (loss) | 3 157 076.99 |
|  |  |
| Net realized gain (loss) of the period | 14 797 046.79 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | -3 479 176.12 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | -26 642.02 |
| Unrealized appreciation (depreciation) on financial futures | -205 328.13 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -642 784.23 |
| Unrealized appreciation (depreciation) on swaps | 340 473.00 |
| Total changes in unrealized appreciation (depreciation) | -4 013 457.50 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 10 783 589.29 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-30.11.2019 |
| Net assets at the beginning of the period | 247 306 013.74 |
| Subscriptions | 377 940 723.04 |
| Redemptions | 	-53 351 747.96	 |
| Total net subscriptions (redemptions) | 324 588 975.08 |
| Dividend paid | -8 121 259.31 |
| Net income (loss) on investments | 11 639 969.80 |
| Total realized gain (loss) | 3 157 076.99 |
| Total changes in unrealized appreciation (depreciation) | 	-4 013 457.50	 |
| Net increase (decrease) in net assets as a result of operations | 10 783 589.29 |
| Net assets at the end of the period | 574 557 318.80 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2019-30.11.2019 |
| Class | F-acc |
| Number of shares outstanding at the beginning of the period | 73 426.0000 |
| Number of shares issued | 248 876.6800 |
| Number of shares redeemed | -84 658.4020 |
| Number of shares outstanding at the end of the period | 237 644.2780 |
| Class | F-dist |
| Number of shares outstanding at the beginning of the period | 0.0000 |
| Number of shares issued | 78 218.3610 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 78 218.3610 |
| Class | I-A1-acc |
| Number of shares outstanding at the beginning of the period | 2 359.6900 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 2 359.6900 |
| Class | I-B-acc |
| Number of shares outstanding at the beginning of the period | 85 789.3520 |
| Number of shares issued | 41 810.0000 |
| Number of shares redeemed | -32 080.1740 |
| Number of shares outstanding at the end of the period | 95 519.1780 |
| Class | I-X-dist |
| Number of shares outstanding at the beginning of the period | 275 770.6660 |
| Number of shares issued | 717 650.9160 |
| Number of shares redeemed | -77 310.7210 |
| Number of shares outstanding at the end of the period | 916 110.8610 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the period | 0.3000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 0.3000 |
| Class | K-X-acc |
| Number of shares outstanding at the beginning of the period | 99 495.3510 |
| Number of shares issued | 79 238.6930 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 178 734.0440 |
| Class | (EUR hedged) K-X-mdist |
| Number of shares outstanding at the beginning of the period | 23 500.0000 |
| Number of shares issued | 23 555.6450 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 47 055.6450 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 148 003.3460 |
| Number of shares issued | 279 514.0640 |
| Number of shares redeemed | -46 454.7110 |
| Number of shares outstanding at the end of the period | 381 062.6990 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 40 833.4360 |
| Number of shares issued | 10 542.4790 |
| Number of shares redeemed | -2 055.2820 |
| Number of shares outstanding at the end of the period | 49 320.6330 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 95 846.6690 |
| Number of shares issued | 25 398.4610 |
| Number of shares redeemed | -17 797.0190 |
| Number of shares outstanding at the end of the period | 103 448.1110 |
| Class | P-dist |
| Number of shares outstanding at the beginning of the period | 66 041.4660 |
| Number of shares issued | 17 164.5640 |
| Number of shares redeemed | -5 304.4830 |
| Number of shares outstanding at the end of the period | 77 901.5470 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019
| Class |  |  | P-mdist |
| --- | --- | --- | --- |
| Number of shares outstanding at the beginning of the period |  |  | 154 898.1270 |
| Number of shares issued |  |  | 910 270.8800 |
| Number of shares redeemed |  |  | -42 600.8570 |
| Number of shares outstanding at the end of the period |  |  | 1 022 568.1500 |
| Class |  |  | (SGD hedged) P-mdist |
| Number of shares outstanding at the beginning of the period |  |  | 0.0000 |
| Number of shares issued |  |  | 93 240.7670 |
| Number of shares redeemed |  |  | -10 000.0000 |
| Number of shares outstanding at the end of the period |  |  | 83 240.7670 |
| Class |  |  | Q-acc |
| Number of shares outstanding at the beginning of the period |  |  | 399 449.0500 |
| Number of shares issued |  |  | 139 840.2370 |
| Number of shares redeemed |  |  | -77 763.4240 |
| Number of shares outstanding at the end of the period |  |  | 461 525.8630 |
| Class |  |  | (CHF hedged) Q-acc |
| Number of shares outstanding at the beginning of the period |  |  | 185 396.4680 |
| Number of shares issued |  |  | 17 976.9130 |
| Number of shares redeemed |  |  | -2 642.0000 |
| Number of shares outstanding at the end of the period |  |  | 200 731.3810 |
| Class |  |  | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the period |  |  | 98 299.5150 |
| Number of shares issued |  |  | 62 056.9680 |
| Number of shares redeemed |  |  | -14 194.3630 |
| Number of shares outstanding at the end of the period |  |  | 146 162.1200 |
| Class |  |  | Q-dist |
| Number of shares outstanding at the beginning of the period |  |  | 46 753.3500 |
| Number of shares issued |  |  | 40 469.1120 |
| Number of shares redeemed |  |  | -2 595.6190 |
| Number of shares outstanding at the end of the period |  |  | 84 626.8430 |
| Class |  |  | Q-mdist |
| Number of shares outstanding at the beginning of the period |  |  | 21 772.1490 |
| Number of shares issued |  |  | 269 259.8960 |
| Number of shares redeemed |  |  | -4 845.9000 |
| Number of shares outstanding at the end of the period |  |  | 286 186.1450 |
| Class |  |  | U-X-acc |
| Number of shares outstanding at the beginning of the period |  |  | 2 172.0000 |
| Number of shares issued |  |  | 3 146.0000 |
| Number of shares redeemed |  |  | 0.0000 |
| Number of shares outstanding at the end of the period |  |  | 5 318.0000 |
| Annual Distribution 1 |  |  |  |
| UBS (Lux) Bond SICAV – Asian High Yield (USD)	Ex-Date | Pay-Date | Currency | Amount per share |
| I-X-dist	1.8.2019 | 6.8.2019 | USD | 6.12 |
| P-dist	1.8.2019 | 6.8.2019 | USD | 5.03 |
| Q-dist	1.8.2019 | 6.8.2019 | USD | 5.78 |
| Monthly Distribution 1 |  |  |  |
| UBS (Lux) Bond SICAV – Asian High Yield (USD)	Ex-Date | Pay-Date | Currency | Amount per share |
| (EUR hedged) K-X-mdist	17.6.2019 | 20.6.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	15.7.2019 | 18.7.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	16.8.2019 | 21.8.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	16.9.2019 | 19.9.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	15.10.2019 | 18.10.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	15.11.2019 | 20.11.2019 | EUR | 0.53 |
| P-mdist	17.6.2019 | 20.6.2019 | USD | 0.50 |
| P-mdist	15.7.2019 | 18.7.2019 | USD | 0.50 |
| P-mdist	16.8.2019 | 21.8.2019 | USD | 0.50 |
| P-mdist	16.9.2019 | 19.9.2019 | USD | 0.50 |
| P-mdist	15.10.2019 | 18.10.2019 | USD | 0.50 |
| P-mdist	15.11.2019 | 20.11.2019 | USD | 0.50 |
| (SGD hedged) P-mdist	15.10.2019 | 18.10.2019 | SGD | 0.50 |
| (SGD hedged) P-mdist	15.11.2019 | 20.11.2019 | SGD | 0.50 |
| Q-mdist	17.6.2019 | 20.6.2019 | USD | 0.55 |
| Q-mdist	15.7.2019 | 18.7.2019 | USD | 0.55 |
| Q-mdist	16.8.2019 | 21.8.2019 | USD | 0.55 |
| Q-mdist	16.9.2019 | 19.9.2019 | USD | 0.55 |
| Q-mdist	15.10.2019 | 18.10.2019 | USD | 0.55 |
| Q-mdist	15.11.2019 | 20.11.2019 | USD | 0.55 |
| 1  See note 5 |  |  |  |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019

## Statement of Investments in Securities and other Net Assets as of 30 November 2019
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange Notes, fixed rate |  |  |  |
| CNY |  |  |  |
| CNY	CIFI HOLDINGS GROUP CO LTD-REG-S 6.70000% 19-23.04.22 | 19 000 000.00 | 2 690 663.91 | 0.47 |
| Total CNY |  | 2 690 663.91 | 0.47 |
| USD |  |  |  |
| USD	ABJA INVESTMENT CO PTE LTD-REG-S 5.45000% 18-24.01.28 | 425 000.00 | 407 796.00 | 0.07 |
| USD	AGILE GROUP HOLDINGS LTD-REG-S 8.50000% 18-18.07.21 | 750 000.00 | 791 250.00 | 0.14 |
| USD	AGILE GROUP HOLDINGS LTD-REG-S 9.50000% 18-23.11.20 | 2 000 000.00 | 2 095 000.00 | 0.36 |
| USD	AGILE PROPERTY HOLDINGS LTD-REG-S 6.70000% 19-07.03.22 | 2 500 000.00 | 2 581 250.00 | 0.45 |
| USD	APL REALTY HOLDINGS PTE LTD-REG-S 5.95000% 17-02.06.24 | 5 700 000.00 | 4 719 828.00 | 0.82 |
| USD	AZURE POWER ENERGY LTD-REG-S 5.50000% 17-03.11.22 | 1 000 000.00 | 1 016 250.00 | 0.18 |
| USD	CAR INC-REG-S 6.00000% 15-11.02.21 | 500 000.00 | 471 406.25 | 0.08 |
| USD	CAR INC-REG-S 8.87500% 19-10.05.22 | 350 000.00 | 331 625.00 | 0.06 |
| USD	CENTRAL CHINA REAL ESTATE-REG-S 7.25000% 19-24.04.23 | 5 525 000.00 | 5 462 843.75 | 0.95 |
| USD	CHINA AOYUAN PROPERTY GROUP LTD-REG-S 7.95000% 18-07.09.21 | 3 485 000.00 | 3 620 043.75 | 0.63 |
| USD	CHINA EVERGRANDE GROUP-REG-S 10.00000% 19-11.04.23 | 5 000 000.00 | 4 693 750.00 | 0.82 |
| USD	CHINA EVERGRANDE GROUP-REG-S 10.50000% 19-11.04.24 | 4 000 000.00 | 3 732 500.00 | 0.65 |
| USD	CHINA SOUTH CITY HOLDINGS LTD-REG-S 7.25000% 17-20.11.22 | 2 000 000.00 | 1 714 375.00 | 0.30 |
| USD	CIFI HOLDINGS GROUP CO LTD-REG-S 6.87500% 18-23.04.21 | 375 000.00 | 384 738.75 | 0.07 |
| USD	CIFI HOLDINGS GROUP CO LTD-REG-S 6.45000% 19-07.11.24 | 4 275 000.00 | 4 282 481.25 | 0.75 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 8.00000% 18-27.01.24 | 2 250 000.00 | 2 452 500.00 | 0.43 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 7.25000% 19-08.04.26 | 5 000 000.00 | 5 428 125.00 | 0.94 |
| USD	EASY TACTIC LTD-REG-S 5.75000% 17-13.01.22 | 2 500 000.00 | 2 435 156.25 | 0.42 |
| USD	EASY TACTIC LTD-REG-S 8.12500% 19-11.07.24 | 325 000.00 | 316 062.50 | 0.06 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 11.75000% 19-17.04.22 | 2 600 000.00 | 2 629 094.00 | 0.46 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 12.25000% 19-18.10.22 | 1 425 000.00 | 1 445 862.00 | 0.25 |
| USD	FORTUNE STAR BVI LTD-REG-S 6.87500% 19-31.01.21 | 2 850 000.00 | 2 914 125.00 | 0.51 |
| USD	GOLDEN EAGLE RETAIL GROUP-REG-S 4.62500% 13-21.05.23 | 750 000.00 | 735 000.00 | 0.13 |
| USD	GOLDEN LEGACY PTE LTD-REG-S 6.87500% 17-27.03.24 | 700 000.00 | 713 781.25 | 0.12 |
| USD	GREENKO MAURITIUS LTD-REG-S 6.25000% 19-21.02.23 | 4 575 000.00 | 4 683 656.25 | 0.82 |
| USD	GREENTOWN CHINA HOLDINGS LTD-REG-S 5.87500% 15-11.08.20 | 500 000.00 | 504 980.00 | 0.09 |
| USD	JINGRUI HOLDINGS LTD-REG-S 7.75000% 17-12.04.20 | 1 000 000.00 | 975 250.00 | 0.17 |
| USD	KAISA GROUP HOLDINGS LTD-REG-S 11.50000% 19-30.01.23 | 5 000 000.00 | 4 962 500.00 | 0.86 |
| USD	LOGAN PROPERTY HOLDINGS CO LTD-REG-S 5.25000% 17-23.02.23 | 3 250 000.00 | 3 210 390.63 | 0.56 |
| USD	MEDCO STRAITS SERVICES PTE LTD-REG-S 8.50000% 17-17.08.22 | 8 000 000.00 | 8 510 000.00 | 1.48 |
| USD	MELCO RESORTS FINANCE LTD-REG-S 4.87500% 17-06.06.25 | 750 000.00 | 766 162.50 | 0.13 |
| USD	MELCO RESORTS FINANCE LTD-REG-S 5.37500% 19-04.12.29 | 3 000 000.00 | 3 061 320.00 | 0.53 |
| USD	METROPOLITAN LIGHT CO LTD-REG-S 5.50000% 17-21.11.22 | 1 669 000.00 | 1 711 275.77 | 0.30 |
| USD	MONGOLIA,GOVERNMENT OF-REG-S 5.62500% 17-01.05.23 | 2 425 000.00 | 2 488 656.25 | 0.43 |
| USD	NAGACORP LTD-REG-S 9.37500% 18-21.05.21 | 500 000.00 | 529 375.00 | 0.09 |
| USD	NEERG ENERGY LTD-REG-S 6.00000% 17-13.02.22 | 6 700 000.00 | 6 702 093.75 | 1.17 |
| USD	OLAM INTERNATIONAL LTD 7.50000% 10-12.08.20 | 300 000.00 | 307 950.00 | 0.05 |
| USD	PAKISTAN, ISLAMIC REPUBLIC OF-REG-S 8.25000% 14-15.04.24 | 2 750 000.00 | 3 016 406.25 | 0.52 |
| USD	PAKISTAN, ISLAMIC REPUBLIC OF-REG-S 8.25000% 15-30.09.25 | 6 000 000.00 | 6 600 000.00 | 1.15 |
| USD	PAKISTAN, ISLAMIC REPUBLIC OF-REG-S 6.87500% 17-05.12.27 | 3 250 000.00 | 3 274 375.00 | 0.57 |
| USD	POWERLONG REAL ESTATE HOLDINGS-REG-S 6.95000% 19-23.07.23 | 8 000 000.00 | 7 840 000.00 | 1.36 |
| USD	REDCO PROPERTIES GROUP LTD-REG-S 11.00000% 18-29.08.20 | 2 000 000.00 | 2 007 500.00 | 0.35 |
| USD	REDCO PROPERTIES GROUP LTD-REG-S 9.87500% 19-02.05.21 | 4 700 000.00 | 4 582 500.00 | 0.80 |
| USD	RKPF OVERSEAS 2019 A LTD-REG-S 7.87500% 19-01.02.23 | 1 725 000.00 | 1 832 812.50 | 0.32 |
| USD	RONSHINE CHINA HOLDINGS LTD-REG-S 8.95000% 19-22.01.23 | 4 500 000.00 | 4 616 718.75 | 0.80 |
| USD	SHIMAO PROPERTY HOLDINGS LTD-REG-S 5.60000% 19-15.07.26 | 1 250 000.00 | 1 303 125.00 | 0.23 |
| USD	SHUI ON DEVELOPMENT HOLDING LTD-REG-S 6.25000% 19-28.11.21 | 2 000 000.00 | 2 045 000.00 | 0.36 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 5.87500% 12-25.07.22 | 2 000 000.00 | 1 984 375.00 | 0.35 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 6.20000% 17-11.05.27 | 14 000 000.00 | 12 630 625.00 | 2.20 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 5.75000% 18-18.04.23 | 10 900 000.00 | 10 654 750.00 | 1.85 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 6.85000% 19-14.03.24 | 4 000 000.00 | 3 991 250.00 | 0.69 |
| USD	SRILANKAN AIRLINES LTD-REG-S 7.00000% 19-25.06.24 | 3 150 000.00 | 3 128 863.50 | 0.54 |
| USD	STAR ENERGY GEOTHERMAL WAYANG-REG-S 6.75000% 18-24.04.33 | 500 000.00 | 486 162.50 | 0.08 |
| USD	STUDIO CITY CO LTD-REG-S 7.25000% 16-30.11.21 | 1 000 000.00 | 1 022 000.00 | 0.18 |
| USD	STUDIO CITY FINANCE LTD-REG-S 7.25000% 19-11.02.24 | 10 000 000.00 | 10 534 100.00 | 1.83 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 8.35000% 18-19.04.23 | 2 000 000.00 | 2 072 500.00 | 0.36 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 8.62500% 18-27.07.20 | 6 700 000.00 | 6 850 750.00 | 1.19 |
| USD	THETA CAPITAL PTE LTD-REG-S 6.75000% 16-31.10.26 | 2 000 000.00 | 1 783 125.00 | 0.31 |
| USD	THIRD PAKISTAN INTERNATIONAL SUK-REG-S 5.62500% 17-05.12.22 | 2 000 000.00 | 2 024 220.00 | 0.35 |
| USD	TIMES CHINA HOLDINGS LTD-REG-S 10.95000% 18-27.11.20 | 4 000 000.00 | 4 230 000.00 | 0.74 |
| USD	VEDANTA RESOURCES PLC-REG-S 7.12500% 13-31.05.23 | 7 500 000.00 | 7 333 593.75 | 1.28 |
| USD	VEDANTA RESOURCES PLC-REG-S 6.12500% 17-09.08.24 | 1 500 000.00 | 1 346 718.75 | 0.23 |
| USD	WYNN MACAU LTD-REG-S 4.87500% 17-01.10.24 | 5 750 000.00 | 5 836 250.00 | 1.02 |
| USD	WYNN MACAU LTD-REG-S 5.50000% 17-01.10.27 | 2 000 000.00 | 2 053 125.00 | 0.36 |
| USD	YANKUANG GROUP CAYMAN LTD-REG-S 4.75000% 17-30.11.20 | 750 000.00 | 753 060.00 | 0.13 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 6.00000% 16-25.10.23 | 2 425 000.00 | 2 335 578.12 | 0.41 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.62500% 19-23.01.22 | 1 750 000.00 | 1 839 687.50 | 0.32 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 5.50000% 19-30.06.20 | 3 750 000.00 | 3 755 859.37 | 0.65 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.37500% 19-30.10.24 | 1 850 000.00 | 1 877 750.00 | 0.33 |
| Total USD |  | 219 431 234.89 | 38.19 |
| Total Notes, fixed rate |  | 222 121 898.80 | 38.66 |
| Notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	PTTEP TREASURY CENTER CO LTD-REG-S-SUB 4.600%/VAR 17-PRP | 1 500 000.00 | 1 541 250.00 | 0.27 |
| Total USD |  | 1 541 250.00 | 0.27 |
| Total Notes, floating rate |  | 1 541 250.00 | 0.27 |

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

Medium term notes, fixed rate
| USD |  |
| --- | --- |
| USD | GAJAH TUNGGAL TBK PT-REG-S 8.37500% 17-10.08.22 | 1 000 000.00 | 861 390.00 | 0.15 |
| USD | GREENLAND GLOBAL INVESTMENT LTD-REG-S 5.25000% 18-12.02.21 | 750 000.00 | 752 535.00 | 0.13 |
| USD | SAN MIGUEL CORP-REG-S 4.87500% 13-26.04.23 | 1 300 000.00 | 1 305 070.00 | 0.23 |
| USD | YES BANK IFSC BANKING UNIT BR-REG-S 3.75000% 18-06.02.23 | 3 200 000.00 | 2 955 295.99 | 0.51 |
| Total USD |  |  | 5 874 290.99 | 1.02 |
| Total Medium term notes, fixed rate |  | 5 874 290.99 | 1.02 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	CITIC BANK INTERNATIONAL LTD-REG-S-SUB 4.250%/VAR 16-PRP | 500 000.00 | 496 145.73 | 0.09 |
| USD	OLAM INTERNATIONAL LTD-REG-S-SUB 5.350%/VAR 16-PRP | 350 000.00 | 353 631.25 | 0.06 |
| USD	WOORI BANK-REG-S-SUB 5.250%/VAR 17-PRP | 1 125 000.00 | 1 158 046.87 | 0.20 |
| Total USD |  | 2 007 823.85 | 0.35 |
| Total Medium term notes, floating rate |  | 2 007 823.85 | 0.35 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	ADANI GREEN ENERGY UP LTD-REG-S 6.25000% 19-10.12.24 | 13 000 000.00 | 13 865 312.50 | 2.41 |
| USD	ALAM SYNERGY PTE LTD-REG-S 6.62500% 16-24.04.22 | 3 725 000.00 | 3 259 114.25 | 0.57 |
| USD	CENTRAL CHINA REAL ESTATE-REG-S 6.50000% 18-05.03.21 | 1 300 000.00 | 1 294 813.00 | 0.23 |
| USD	CHINA AOYUAN PROPERTY GROUP LTD-REG-S 6.35000% 17-11.01.20 | 700 000.00 | 700 973.00 | 0.12 |
| USD	CHINA AOYUAN PROPERTY GROUP LTD-REG-S 5.37500% 17-13.09.22 | 1 875 000.00 | 1 852 687.50 | 0.32 |
| USD	CHINA EVERGRANDE GROUP-REG-S 8.25000% 17-23.03.22 | 3 250 000.00 | 3 027 578.13 | 0.53 |
| USD	CHINA EVERGRANDE GROUP-REG-S 7.50000% 17-28.06.23 | 3 175 000.00 | 2 733 476.56 | 0.48 |
| USD	CHINA EVERGRANDE GROUP-REG-S 8.75000% 17-28.06.25 | 6 000 000.00 | 5 073 750.00 | 0.88 |
| USD	CHINA GRAND AUTOMOTIVE SERV LTD-REG-S 8.62500% 19-08.04.22 | 1 249 000.00 | 1 061 699.96 | 0.18 |
| USD	CHINA OIL & GAS GROUP LTD-REG-S 4.62500% 17-20.04.22 | 200 000.00 | 201 038.00 | 0.03 |
| USD	CHINA SCE PROPERTY HOLDINGS LTD-REG-S 7.45000% 18-17.04.21 | 1 000 000.00 | 1 020 010.00 | 0.18 |
| USD	CHINA SOUTH CITY HOLDINGS LTD-REG-S 7.25000% 18-25.01.21 | 2 000 000.00 | 1 895 625.00 | 0.33 |
| USD	CONCORD NEW ENERGY GROUP LTD-REG-S 7.90000% 18-23.01.21 | 303 000.00 | 307 899.51 | 0.05 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 7.50000% 15-09.03.20 | 2 000 000.00 | 2 022 500.00 | 0.35 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 4.75000% 18-17.01.23 | 1 500 000.00 | 1 510 781.25 | 0.26 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 6.15000% 19-17.09.25 | 1 150 000.00 | 1 198 875.00 | 0.21 |
| USD	DELHI INTERNATIONAL AIRPORT LTD-REG-S 6.12500% 16-31.10.26 | 250 000.00 | 267 187.50 | 0.05 |
| USD	DEVELOPMENT BANK OF MONGOLIA LLC-REG-S 7.25000% 18-23.10.23 | 900 000.00 | 949 218.75 | 0.16 |
| USD	DR PENG HOLDING HONGKONG LTD-REG-S 5.05000% 17-01.06.20 | 200 000.00 | 132 800.00 | 0.02 |
| USD	EASY TACTIC LTD-REG-S 7.00000% 18-25.04.21 | 3 000 000.00 | 3 007 080.00 | 0.52 |
| USD	EASY TACTIC LTD-REG-S 8.87500% 18-27.09.21 | 3 000 000.00 | 3 093 750.00 | 0.54 |
| USD	EASY TACTIC LTD-REG-S 8.12500% 19-27.02.23 | 5 750 000.00 | 5 721 250.00 | 1.00 |
| USD	EHI CAR SERVICES LTD-REG-S 5.87500% 17-14.08.22 | 1 500 000.00 | 1 372 968.75 | 0.24 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 7.37500% 16-04.10.21 | 700 000.00 | 672 525.00 | 0.12 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 8.37500% 18-08.03.21 | 1 350 000.00 | 1 342 828.13 | 0.23 |
| USD	GOLDEN WHEEL TIANDI HLDGS CO LTD-REG-S 7.00000% 18-18.01.21 | 2 300 000.00 | 2 169 906.25 | 0.38 |
| USD	GREENKO INVESTMENT CO-REG-S 4.87500% 16-16.08.23 | 500 000.00 | 495 781.25 | 0.09 |
| USD	HILONG HOLDING LTD-REG-S 7.25000% 17-22.06.20 | 1 400 000.00 | 1 410 500.00 | 0.25 |
| USD	HPCL MITTAL ENERGY LTD-REG-S 5.25000% 17-28.04.27 | 350 000.00 | 349 453.13 | 0.06 |
| USD	HT GLOBAL IT SOLUTIONS HOLDINGS-REG-S 7.00000% 16-14.07.21 | 5 000 000.00 | 5 154 687.50 | 0.90 |
| USD	JINGRUI HOLDINGS LTD-REG-S 9.45000% 18-23.04.21 | 1 000 000.00 | 919 375.00 | 0.16 |
| USD	JSW STEEL LTD-REG-S 5.25000% 17-13.04.22 | 1 000 000.00 | 1 017 187.50 | 0.18 |
| USD	JSW STEEL LTD-REG-S 5.95000% 19-18.04.24 | 2 000 000.00 | 2 046 875.00 | 0.36 |
| USD	KAISA GROUP HOLDINGS LTD-REG-S 8.50000% 17-30.06.22 | 2 250 000.00 | 2 148 243.75 | 0.37 |
| USD	KAISA GROUP HOLDINGS LTD-REG-S 9.37500% 17-30.06.24 | 9 000 000.00 | 8 133 750.00 | 1.42 |
| USD	KWG GROUP HOLDINGS LTD-REG-S 5.87500% 17-10.11.24 | 3 300 000.00 | 3 070 031.25 | 0.53 |
| USD	KWG PROPERTY HOLDING LTD-REG-S 5.20000% 17-21.09.22 | 2 182 000.00 | 2 115 318.08 | 0.37 |
| USD	KWG PROPERTY HOLDING LTD-REG-S 7.87500% 18-09.08.21 | 3 250 000.00 | 3 362 287.50 | 0.58 |
| USD	LAI FUNG BONDS-REG-S 5.65000% 18-18.01.23 | 3 830 000.00 | 3 724 407.47 | 0.65 |
| USD	LS FINANCE 2025 LTD-REG-S 4.50000% 15-26.06.25 | 750 000.00 | 721 816.08 | 0.13 |
| USD	MARBLE II PTE LTD-REG-S 5.30000% 17-20.06.22 | 500 000.00 | 506 406.25 | 0.09 |
| USD	MODERNLAND OVERSEAS PTE LTD-REG-S 6.95000% 17-13.04.24 | 7 450 000.00 | 6 630 202.00 | 1.15 |
| USD	NEW METRO GLOBAL LTD-REG-S 5.00000% 17-08.08.22 | 1 400 000.00 | 1 300 687.50 | 0.23 |
| USD	NEW METRO GLOBAL LTD-REG-S 6.50000% 18-23.04.21 | 1 000 000.00 | 986 220.00 | 0.17 |
| USD	NWD FINANCE BVI LTD-REG-S 5.75000% 16-PRP | 1 000 000.00 | 1 000 200.00 | 0.17 |
| USD	NWD FINANCE BVI LTD-REG-S 6.25000% 19-PRP | 9 000 000.00 | 9 089 014.50 | 1.58 |
| USD	PB INTERNATIONAL BV-REG-S 7.62500% 17-26.01.22 | 500 000.00 | 513 281.25 | 0.09 |
| USD	PCPD CAPITAL LTD-REG-S 4.75000% 17-09.03.22 | 500 000.00 | 503 984.50 | 0.09 |
| USD	POWERLONG REAL ESTATE HOLDINGS LTD 6.95000% 18-17.04.21 | 825 000.00 | 834 339.00 | 0.14 |
| USD	PRIME BLOOM HOLDINGS LTD-REG-S 6.95000% 17-05.07.22 | 2 500 000.00 | 1 262 812.50 | 0.22 |
| USD	RKI OVERSEAS FINANCE 2017 A LTD-REG-S 7.00000% 17-PRP | 200 000.00 | 169 991.03 | 0.03 |
| USD	ROYAL CAPITAL BV-REG-S 5.87500% 18-PRP | 1 435 000.00 | 1 454 282.81 | 0.25 |
| USD	SCENERY JOURNEY LTD-REG-S 13.75000% 18-06.11.23 | 5 000 000.00 | 5 089 062.50 | 0.89 |
| USD	SEAZEN GROUP LIMITED-REG-S 5.00000% 17-16.02.20 | 1 050 000.00 | 1 044 421.87 | 0.18 |
| USD	SHIMAO PROPERTY HOLDINGS LTD-REG-S 4.75000% 17-03.07.22 | 1 000 000.00 | 1 022 442.50 | 0.18 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 7.95000% 19-11.10.23 | 6 600 000.00 | 6 769 125.00 | 1.18 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 7.50000% 19-01.02.24 | 2 400 000.00 | 2 377 200.00 | 0.41 |
| USD	THETA CAPITAL PTE LTD-REG-S 7.00000% 14-11.04.22 | 1 150 000.00 | 1 151 796.88 | 0.20 |
| USD	TIANQI FINCO CO LTD-REG-S 3.75000% 17-28.11.22 | 4 500 000.00 | 3 320 156.25 | 0.58 |
| USD	TSINGHUA UNIC LTD-REG-S 5.37500% 18-31.01.23 | 5 475 000.00 | 4 270 217.05 | 0.74 |
| USD	VEDANTA RESOURCES FINANCE II PLC-REG-S 9.25000% 19-23.04.26 | 5 000 000.00 | 4 868 750.00 | 0.85 |
| USD	VEDANTA RESOURCES FINANCE II PLC-REG-S 8.00000% 19-23.04.23 | 5 000 000.00 | 4 925 000.00 | 0.86 |
| USD	WANDA PROPERTIES INTERNATIONAL-REG-S 7.25000% 14-19.01.24 | 2 000 000.00 | 1 995 000.00 | 0.35 |
| USD	WEALTH DRIVEN LTD-REG-S 5.50000% 16-17.08.23 | 350 000.00 | 351 203.12 | 0.06 |
| USD	XIN JIANG GUANG HUI IND INV GRP-REG-S 7.87500% 17-30.03.20 | 1 000 000.00 | 927 812.50 | 0.16 |
| USD	YANLORD LAND HK CO LTD-REG-S 6.75000% 18-23.04.23 | 4 000 000.00 | 4 054 193.60 | 0.71 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.50000% 19-04.02.23 | 1 000 000.00 | 1 045 000.00 | 0.18 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.30000% 19-27.05.25 | 2 525 000.00 | 2 518 687.50 | 0.44 |
| USD	ZOOMLION HK SPV CO LTD-REG-S 6.12500% 12-20.12.22 | 1 250 000.00 | 1 271 150.00 | 0.22 |
| Total USD |  | 165 678 001.66 | 28.84 |
| Total Bonds, fixed rate |  | 165 678 001.66 | 28.84 |
| UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019 |  |  |  |

| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bonds, floating rate |  |  |  |
| USD |  |  |  |
| USD	BANK OF EAST ASIA LTD/THE-REG-S-SUB 5.625%/VAR 17-PRP | 7 850 000.00 | 7 982 468.75 | 1.39 |
| USD	BANK OF EAST ASIA LTD/THE-REG-S-SUB 5.875%/VAR 19-PRP | 1 750 000.00 | 1 812 627.77 | 0.31 |
| USD	BAOXIN AUTO FINANCE I LTD-REG-S 5.625%/VAR 17-PRP | 2 900 000.00 | 2 165 937.50 | 0.38 |
| USD	CHALIECO HONG KONG CORP LTD-REG-S 5.700%/VAR 16-PRP | 500 000.00 | 501 718.75 | 0.09 |
| USD	CHALIECO HONG KONG CORP LTD-REG-S 5.000%/VAR 19-PRP | 1 575 000.00 | 1 594 687.50 | 0.28 |
| USD	CHINA MINMETALS CORP-REG-S 3.750%/VAR 17-PRP | 500 000.00 | 502 656.25 | 0.09 |
| USD	ESTATE SKY LTD-REG-S 5.750%/VAR 17-PRP | 1 900 000.00 | 1 748 039.73 | 0.30 |
| USD	FRANSHION BRILLIANT LTD-REG-S-SUB 5.750%/VAR 17-PRP | 2 550 000.00 | 2 522 109.37 | 0.44 |
| USD	FRANSHION BRILLIANT LTD-REG-S-SUB 4.875%/VAR 17-PRP | 2 000 000.00 | 1 708 125.00 | 0.30 |
| USD	HUANENG HONG KONG CAPITAL LTD-REG-S 3.600%/VAR 17-PRP | 1 250 000.00 | 1 248 828.13 | 0.22 |
| USD	INDUST&COMMER BK CHINA/HK-REG-SUB 4.250%/VAR 16-PRP | 1 100 000.00 | 1 109 316.01 | 0.19 |
| USD	KING TALENT MANAGEMENT LTD-REG-S-SUB 5.600%/VAR 17-PRP | 7 290 000.00 | 6 447 093.75 | 1.12 |
| USD	NETWORK I2I LTD-REG-S-SUB 5.650%/VAR 19-PRP | 10 500 000.00 | 9 840 468.75 | 1.71 |
| USD	PETRON CORP-REG-S 4.600%/VAR 18-PRP | 8 190 000.00 | 8 115 778.12 | 1.41 |
| USD	POSTAL SAVINGS BANK OF CHINA-REG-S-SUB 4.500%/VAR 17-PRP | 5 725 000.00 | 5 742 890.63 | 1.00 |
| USD	ROYAL CAPITAL BV-REG-S 4.875%/VAR 16-PRP | 2 000 000.00 | 2 020 240.00 | 0.35 |
| USD	SHUI ON DEVELOPMENT HOLDING LTD-REG-S 6.400%/VAR 17-PRP | 500 000.00 | 500 156.25 | 0.09 |
| USD	SINO OCEAN LAND TREASURE-REG-S-SUB 4.900%/VAR 17-PRP | 775 000.00 | 678 367.18 | 0.12 |
| USD	SMC GLOBAL POWER HOLDINGS CORP-REG-S-SUB 6.750%/VAR 15-PRP | 8 350 000.00 | 8 539 378.00 | 1.49 |
| USD	SMC GLOBAL POWER HOLDINGS CORP-REG-S 6.500%/VAR 19-PRP | 3 500 000.00 | 3 650 937.50 | 0.63 |
| Total USD |  | 68 431 824.94 | 11.91 |
| Total Bonds, floating rate |  | 68 431 824.94 | 11.91 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.37500% 18-15.03.21 | 10 000 000.00 | 10 087 109.00 | 1.75 |
| USD	AMERICA, UNITED STATES OF 2.50000% 19-15.01.22 | 10 000 000.00 | 10 181 250.00 | 1.77 |
| USD	AMERICA, UNITED STATES OF 2.50000% 19-28.02.21 | 6 000 000.00 | 6 058 359.00 | 1.05 |
| USD	AMERICA, UNITED STATES OF 2.25000% 19-15.04.22 | 10 000 000.00 | 10 146 484.00 | 1.77 |
| USD	AMERICA, UNITED STATES OF 1.75000% 19-31.07.21 | 10 000 000.00 | 10 013 281.00 | 1.74 |
| USD	AMERICA, UNITED STATES OF 1.50000% 19-30.09.21 | 10 000 000.00 | 9 974 609.40 | 1.74 |
| USD	AMERICA, UNITED STATES OF 1.50000% 19-31.10.21 | 10 000 000.00 | 9 976 171.90 | 1.74 |
| Total USD |  | 66 437 264.30 | 11.56 |
| Total Treasury notes, fixed rate |  | 66 437 264.30 | 11.56 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 532 092 354.54 | 92.61 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	VIRGIN AUSTRALIA HOLDINGS LTD-REG-S 8.12500% 19-15.11.24 | 6 000 000.00 | 5 908 140.00 | 1.03 |
| Total USD |  | 5 908 140.00 | 1.03 |
| Total Notes, fixed rate |  | 5 908 140.00 | 1.03 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	GLOBAL A&T ELECTRONICS LTD 8.50000% 18-12.01.23 | 500 000.00 | 460 385.00 | 0.08 |
| USD	LODHA DEVELOPERS INTL LTD-REG-S 12.00000% 15-13.03.20 | 750 000.00 | 615 000.00 | 0.11 |
| Total USD |  | 1 075 385.00 | 0.19 |
| Total Bonds, fixed rate |  | 1 075 385.00 | 0.19 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.25000% 14-30.04.21 | 10 000 000.00 | 10 077 734.00 | 1.75 |
| Total USD |  | 10 077 734.00 | 1.75 |
| Total Treasury notes, fixed rate |  | 10 077 734.00 | 1.75 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 17 061 259.00 | 2.97 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Notes, fixed rate
| USD |  |
| --- | --- |
| USD | GREENKO DUTCH BV-REG-S 5.25000% 17-24.07.24 | 1 000 000.00 | 1 014 374.99 | 0.18 |
| USD | MELCO RESORTS FINANCE LTD-REG-S 5.62500% 19-17.07.27 | 5 000 000.00 | 5 178 125.00 | 0.90 |
| Total USD |  |  | 6 192 499.99 | 1.08 |
| Total Notes, fixed rate | 6 192 499.99 | 1.08 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market | 6 192 499.99 | 1.08 |
| Total investments in securities | 555 346 113.53 | 96.66 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |
| Derivative instruments |  |  |  |
| Derivative instruments listed on an official stock exchange Financial Futures on bonds |  |  |  |
|  |  |  |  |
| USD	US 10YR TREASURY NOTE FUTURE 20.03.20 | 719.00 | -168 515.63 | -0.03 |
| Total Financial Futures on bonds |  | -168 515.63 | -0.03 |
| Total Derivative instruments listed on an official stock exchange |  | -168 515.63 | -0.03 |
| Total Derivative instruments |  | -168 515.63 | -0.03 |
| Forward Foreign Exchange contracts Forward Foreign Exchange contracts (Purchase/Sale) |  |  |  |

| USD | 5 606 852.02 | CNH | 40 000 000.00 | 10.1.2020 | -76 559.92 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| JPY | 1 396 300 000.00 | USD | 13 060 970.21 | 10.1.2020 | -267 670.41 | -0.05 |
| USD | 8 471 748.87 | THB | 259 510 000.00 | 10.1.2020 | -123 932.61 | -0.02 |
| JPY | 183 000 000.00 | USD | 1 689 175.62 | 10.1.2020 | -12 477.30 | 0.00 |
| USD | 9 794 011.70 | AUD | 14 285 000.00 | 10.1.2020 | 120 705.59 | 0.02 |
| THB | 259 510 000.00 | USD | 8 607 725.09 | 10.1.2020 | -12 043.61 | 0.00 |
| CNH | 20 960 000.00 | USD | 2 971 966.25 | 10.1.2020 | 6 141.60 | 0.00 |
| USD | 14 503 454.36 | JPY | 1 579 300 000.00 | 10.1.2020 | 33 456.24 | 0.01 |
| SGD | 7 214 200.00 | USD | 5 288 115.12 | 16.1.2020 | -10 061.74 | 0.00 |
| EUR | 33 784 000.00 | USD | 37 350 914.72 | 16.1.2020 | 29 073.09 | 0.00 |
| CHF | 30 242 200.00 | USD | 30 442 511.73 | 16.1.2020 | -59 373.20 | -0.01 |
| SGD | 242 600.00 | USD | 177 643.30 | 16.1.2020 | -152.28 | 0.00 |
| EUR | 2 426 900.00 | USD | 2 682 285.11 | 16.1.2020 | 2 935.48 | 0.00 |
| SGD | 219 500.00 | USD | 160 771.59 | 16.1.2020 | -180.99 | 0.00 |
| USD | 698 674.42 | SGD | 954 100.00 | 16.1.2020 | 635.73 | 0.00 |
| SGD | 1 538 100.00 | USD | 1 125 287.25 | 16.1.2020 | 17.55 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -369 486.78 | -0.06 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 6 957 346.38 | 1.21 |
| Other assets and liabilities | 12 791 861.30 | 2.22 |
| Total net assets | 574 557 318.80 | 100.00 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Semi-Annual Report as of 30 November 2019

Translation (ENDE, 2019-11-30):
# UBS (Lux) Bond SICAV – Asian High Yield (USD)
| Wichtigste Daten |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Nettovermögen in USD |  | 574 557 318.80 | 247 306 013.74 | 135 731 702.04 |
| Klasse F-acc | LU0949706286 |  |  |  |
| Aktien im Umlauf |  | 237 644.2780 | 73 426.0000 | 96 817.4020 |
| Nettoinventarwert pro Aktie in USD |  | 165.29 | 160.00 | 144.37 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 165.29 | 160.00 | 144.37 |
| Klasse F-dist 2 | LU2073878949 |  |  |  |
| Aktien im Umlauf |  | 78 218.3610 | - | - |
| Nettoinventarwert pro Aktie in USD |  | 100.12 | - | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 100.12 | - | - |
| Klasse I-A1-acc | LU0871581103 |  |  |  |
| Aktien im Umlauf |  | 2 359.6900 | 2 359.6900 | 1 000.0000 |
| Nettoinventarwert pro Aktie in USD |  | 111.60 | 108.12 | 97.72 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 111.60 | 108.12 | 97.72 |
| Klasse I-B-acc | LU1739859327 |  |  |  |
| Aktien im Umlauf |  | 95 519.1780 | 85 789.3520 | 40 056.1570 |
| Nettoinventarwert pro Aktie in USD |  | 114.26 | 110.38 | 99.20 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 114.26 | 110.38 | 99.20 |
| Klasse I-X-dist | LU0883523861 |  |  |  |
| Aktien im Umlauf |  | 916 110.8610 | 275 770.6660 | 309 044.4060 |
| Nettoinventarwert pro Aktie in USD |  | 100.73 | 103.28 | 98.52 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 100.73 | 103.28 | 98.52 |
| Klasse K-1-acc | LU0725271869 |  |  |  |
| Aktien im Umlauf |  | 0.3000 | 0.3000 | 0.3000 |
| Nettoinventarwert pro Aktie in USD |  | 8 101 499.60 | 7 858 814.83 | 7 121 244.93 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 8 101 499.60 | 7 858 814.83 | 7 121 244.93 |
| Klasse K-X-acc 3 | LU1957417949 |  |  |  |
| Aktien im Umlauf |  | 178 734.0440 | 99 495.3510 | - |
| Nettoinventarwert pro Aktie in USD |  | 104.38 | 100.80 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 104.38 | 100.80 | - |
| Klasse (EUR hedged) K-X-mdist 3 | LU1957417865 |  |  |  |
| Aktien im Umlauf |  | 47 055.6450 | 23 500.0000 | - |
| Nettoinventarwert pro Aktie in EUR |  | 98.61 | 99.70 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 98.61 | 99.70 | - |
| Klasse P-acc | LU0626906662 |  |  |  |
| Aktien im Umlauf |  | 381 062.6990 | 148 003.3460 | 125 290.6290 |
| Nettoinventarwert pro Aktie in USD |  | 155.80 | 151.51 | 137.98 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 155.80 | 151.51 | 137.98 |
| Klasse (CHF hedged) P-acc | LU0626907470 |  |  |  |
| Aktien im Umlauf |  | 49 320.6330 | 40 833.4360 | 39 289.3890 |
| Nettoinventarwert pro Aktie in CHF |  | 137.03 | 135.40 | 127.43 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 137.03 | 135.40 | 127.43 |
| Klasse (EUR hedged) P-acc | LU0626907397 |  |  |  |
| Aktien im Umlauf |  | 103 448.1110 | 95 846.6690 | 86 446.5390 |
| Nettoinventarwert pro Aktie in EUR |  | 141.49 | 139.50 | 130.70 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 141.49 | 139.50 | 130.70 |
| Klasse P-dist | LU0725271786 |  |  |  |
| Aktien im Umlauf |  | 77 901.5470 | 66 041.4660 | 78 900.3110 |
| Nettoinventarwert pro Aktie in USD |  | 107.48 | 109.48 | 104.33 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 107.48 | 109.48 | 104.33 |
| Klasse P-mdist | LU0626906746 |  |  |  |
| Aktien im Umlauf |  | 1 022 568.1500 | 154 898.1270 | 111 181.4550 |
| Nettoinventarwert pro Aktie in USD |  | 93.74 | 94.13 | 91.59 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 93.74 | 94.13 | 91.59 |
| Klasse (SGD hedged) P-mdist 4 | LU0626907124 |  |  |  |
| Aktien im Umlauf |  | 83 240.7670 | - | - |
| Nettoinventarwert pro Aktie in SGD |  | 101.26 | - | - |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 |  | 101.26 | - | - |
| Klasse Q-acc | LU1240770955 |  |  |  |
| Aktien im Umlauf |  | 461 525.8630 | 399 449.0500 | 172 236.5190 |
| Nettoinventarwert pro Aktie in USD |  | 130.83 | 126.85 | 114.83 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 130.83 | 126.85 | 114.83 |
| Klasse (CHF hedged) Q-acc | LU1240770799 |  |  |  |
| Aktien im Umlauf |  | 200 731.3810 | 185 396.4680 | 41 283.0100 |
| Nettoinventarwert pro Aktie in CHF |  | 120.44 | 118.67 | 111.02 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 120.44 | 118.67 | 111.02 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Klasse (EUR hedged) Q-acc | LU1240770872 |  |  |  |
| Aktien im Umlauf |  | 146 162.1200 | 98 299.5150 | 36 968.5370 |
| Nettoinventarwert pro Aktie in EUR |  | 122.89 | 120.82 | 112.52 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 122.89 | 120.82 | 112.52 |
| Klasse Q-dist | LU1240771094 |  |  |  |
| Aktien im Umlauf |  | 84 626.8430 | 46 753.3500 | 16 996.6490 |
| Nettoinventarwert pro Aktie in USD |  | 109.86 | 112.22 | 106.99 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 109.86 | 112.22 | 106.99 |
| Klasse Q-mdist 5 | LU1240771177 |  |  |  |
| Aktien im Umlauf |  | 286 186.1450 | 21 772.1490 | - |
| Nettoinventarwert pro Aktie in USD |  | 102.86 | 102.99 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 102.86 | 102.99 | - |
| Klasse U-X-acc 6 | LU0626906829 |  |  |  |
| Aktien im Umlauf | 5 318.0000 | 2 172.0000 | - |
| Nettoinventarwert pro Aktie in USD | 11 661.63 | 11 259.59 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 | 11 661.63 | 11 259.59 | - |
| 1  Siehe Erläuterung 1 2  Erste NAV 14.11.2019 3  Erste NAV 21.3.2019 4  Erste NAV 2.9.2019 5  Für die Periode vom 28.8.2015 bis zum 14.6.2016 war die Aktienklasse Q-mdist im Umlauf - reaktiviert 1.3.2019 6  Erste NAV 13.11.2018 |  |  |  |


## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| China | 23.77 |
| --- | --- |
| Vereinigte Staaten | 13.32 |
| Cayman-Inseln | 9.74 |
| Hongkong | 8.73 |
| Indien | 8.44 |
| Britische Jungferninseln | 7.46 |
| Sri Lanka | 5.64 |
| Singapur | 4.19 |
| Philippinen | 3.76 |
| Grossbritannien | 3.22 |
| Pakistan | 2.60 |
| Macau | 1.37 |
| Australien | 1.03 |
| Indonesien | 0.97 |
| Niederlande | 0.87 |
| Mongolei | 0.60 |
| Thailand | 0.27 |
| Chile | 0.25 |
| Südkorea | 0.20 |
| Kambodscha | 0.09 |
| Mauritius | 0.09 |
| Bermuda | 0.05 |
| Total | 96.66 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Immobilien | 29.11 |
| --- | --- |
| Länder- & Zentralregierungen | 21.09 |
| Finanz- & Beteiligungsgesellschaften | 13.17 |
| Energie- & Wasserversorgung | 6.32 |
| Baugewerbe & Baumaterial | 4.41 |
| Banken & Kreditinstitute | 3.86 |
| Gastgewerbe & Freizeit | 3.48 |
| Bergbau, Kohle & Stahl | 2.20 |
| Telekommunikation | 2.01 |
| Diverse Dienstleistungen | 1.93 |
| Erdöl | 1.74 |
| Verkehr & Transport | 1.57 |
| Flugzeug- & Raumfahrtindustrie | 1.03 |
| Internet, Software & IT-Dienste | 0.90 |
| Elektronik & Halbleiter | 0.82 |
| Chemie | 0.58 |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 0.51 |
| Nichteisenmetalle | 0.36 |
| Textilien, Kleidung & Lederwaren | 0.34 |
| Maschinen & Apparate | 0.25 |
| Tabak & alkoholische Getränke | 0.23 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 0.18 |
| Gummi & Reifen | 0.15 |
| Diverse nicht klassierte Gesellschaften | 0.13 |
| Detailhandel, Warenhäuser | 0.13 |
| Diverse Handelsfirmen | 0.12 |
| Elektrische Geräte & Komponenten | 0.04 |
| Total | 96.66 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019

## Nettovermögensaufstellung
Aktiva	30.11.2019
USD
Wertpapierbestand, Einstandswert	555 139 928.08
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	206 185.45	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 555 346 113.53 |
| Bankguthaben, Sicht- und Fristgelder | 5 969 174.35 |
| Andere liquide Mittel (Margins) | 988 172.03 |
| Forderungen aus Wertpapierverkäufen (Erläuterung 1) | 172 773.33 |
| Forderungen aus Zeichnungen | 8 781 187.31 |
| Zinsforderungen aus Wertpapieren | 8 244 555.03 |
| Nicht realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten (Erläuterung 1) | -168 515.63 |
| Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1) | -369 486.78 |
| Total Aktiva | 578 963 973.17 |
|  |  |
| Passiva |  |
| Zinsverbindlichkeiten aus Kontokorrentkredit | -4.77 |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -3 000 696.61 |
| Verbindlichkeiten aus Rücknahmen | -1 217 291.88 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -152 216.92 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -32 974.84 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-3 469.35	 |
| Total Rückstellungen für Aufwendungen | -188 661.11 |
| Total Passiva | -4 406 654.37 |
|  |  |
| Nettovermögen am Ende der Berichtsperiode | 574 557 318.80 |
| Ertrags- und Aufwandsrechnung | USD |
| Erträge | 1.6.2019-30.11.2019 |
| Zinsertrag auf liquide Mittel | 67 137.44 |
| Zinsen auf Wertpapiere | 12 268 569.49 |
| Zinsertrag auf Swaps (Erläuterung 1) | 19 444.44 |
| Erträge aus Securities Lending (Erläuterung 13) | 151 655.57 |
| Sonstige Erträge (Erläuterung 4) | 697 760.88 |
| Total Erträge | 13 204 567.82 |
|  |  |
| Aufwendungen |  |
| Zinsaufwand auf Swaps (Erläuterung 1) | -51 111.12 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -1 348 720.43 |
| Abonnementsabgabe (Erläuterung 3) | -80 108.20 |
| Kosten aus Securities Lending (Erläuterung 13) | -60 662.23 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -22 911.78 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -1 084.26 |
| Total Aufwendungen | -1 564 598.02 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | 11 639 969.80 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | 1 952 435.40 |
| Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten | 57 372.65 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | 2 485 210.96 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | -751 932.84 |
| Realisierter Kursgewinn (-verlust) aus Swaps | -545 526.71 |
| Realisierter Währungsgewinn (-verlust) | -40 482.47 |
| Total der realisierten Gewinne (Verluste) | 3 157 076.99 |
|  |  |
| Realisierter Nettogewinn (-verlust) der Berichtsperiode | 14 797 046.79 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | -3 479 176.12 |
| Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente | -26 642.02 |
| Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten | -205 328.13 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -642 784.23 |
| Nicht realisierte Werterhöhung (-minderung) von Swaps | 340 473.00 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | -4 013 457.50 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 10 783 589.29 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-30.11.2019 |
| Nettovermögen zu Beginn der Berichtsperiode | 247 306 013.74 |
| Zeichnungen | 377 940 723.04 |
| Rücknahmen | 	-53 351 747.96	 |
| Total Mittelzufluss (-abfluss) | 324 588 975.08 |
| Ausbezahlte Dividende | -8 121 259.31 |
| Nettoerträge (-verluste) aus Anlagen | 11 639 969.80 |
| Total der realisierten Gewinne (Verluste) | 3 157 076.99 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	-4 013 457.50	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 10 783 589.29 |
| Nettovermögen am Ende der Berichtsperiode | 574 557 318.80 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2019-30.11.2019 |
| Klasse | F-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 73 426.0000 |
| Anzahl der ausgegebenen Aktien | 248 876.6800 |
| Anzahl der zurückgegebenen Aktien | -84 658.4020 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 237 644.2780 |
| Klasse | F-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 0.0000 |
| Anzahl der ausgegebenen Aktien | 78 218.3610 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 78 218.3610 |
| Klasse | I-A1-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 2 359.6900 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 2 359.6900 |
| Klasse | I-B-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 85 789.3520 |
| Anzahl der ausgegebenen Aktien | 41 810.0000 |
| Anzahl der zurückgegebenen Aktien | -32 080.1740 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 95 519.1780 |
| Klasse | I-X-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 275 770.6660 |
| Anzahl der ausgegebenen Aktien | 717 650.9160 |
| Anzahl der zurückgegebenen Aktien | -77 310.7210 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 916 110.8610 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 0.3000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 0.3000 |
| Klasse | K-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 99 495.3510 |
| Anzahl der ausgegebenen Aktien | 79 238.6930 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 178 734.0440 |
| Klasse | (EUR hedged) K-X-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 23 500.0000 |
| Anzahl der ausgegebenen Aktien | 23 555.6450 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 47 055.6450 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 148 003.3460 |
| Anzahl der ausgegebenen Aktien | 279 514.0640 |
| Anzahl der zurückgegebenen Aktien | -46 454.7110 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 381 062.6990 |
| Klasse | (CHF hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 40 833.4360 |
| Anzahl der ausgegebenen Aktien | 10 542.4790 |
| Anzahl der zurückgegebenen Aktien | -2 055.2820 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 49 320.6330 |
| Klasse | (EUR hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 95 846.6690 |
| Anzahl der ausgegebenen Aktien | 25 398.4610 |
| Anzahl der zurückgegebenen Aktien | -17 797.0190 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 103 448.1110 |
| Klasse | P-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 66 041.4660 |
| Anzahl der ausgegebenen Aktien | 17 164.5640 |
| Anzahl der zurückgegebenen Aktien | -5 304.4830 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 77 901.5470 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019
| Klasse |  |  | P-mdist |
| --- | --- | --- | --- |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 154 898.1270 |
| Anzahl der ausgegebenen Aktien |  |  | 910 270.8800 |
| Anzahl der zurückgegebenen Aktien |  |  | -42 600.8570 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 1 022 568.1500 |
| Klasse |  |  | (SGD hedged) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 0.0000 |
| Anzahl der ausgegebenen Aktien |  |  | 93 240.7670 |
| Anzahl der zurückgegebenen Aktien |  |  | -10 000.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 83 240.7670 |
| Klasse |  |  | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 399 449.0500 |
| Anzahl der ausgegebenen Aktien |  |  | 139 840.2370 |
| Anzahl der zurückgegebenen Aktien |  |  | -77 763.4240 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 461 525.8630 |
| Klasse |  |  | (CHF hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 185 396.4680 |
| Anzahl der ausgegebenen Aktien |  |  | 17 976.9130 |
| Anzahl der zurückgegebenen Aktien |  |  | -2 642.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 200 731.3810 |
| Klasse |  |  | (EUR hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 98 299.5150 |
| Anzahl der ausgegebenen Aktien |  |  | 62 056.9680 |
| Anzahl der zurückgegebenen Aktien |  |  | -14 194.3630 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 146 162.1200 |
| Klasse |  |  | Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 46 753.3500 |
| Anzahl der ausgegebenen Aktien |  |  | 40 469.1120 |
| Anzahl der zurückgegebenen Aktien |  |  | -2 595.6190 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 84 626.8430 |
| Klasse |  |  | Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 21 772.1490 |
| Anzahl der ausgegebenen Aktien |  |  | 269 259.8960 |
| Anzahl der zurückgegebenen Aktien |  |  | -4 845.9000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 286 186.1450 |
| Klasse |  |  | U-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode |  |  | 2 172.0000 |
| Anzahl der ausgegebenen Aktien |  |  | 3 146.0000 |
| Anzahl der zurückgegebenen Aktien |  |  | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode |  |  | 5 318.0000 |
| Jährliche Ausschüttung 1 |  |  |  |
| UBS (Lux) Bond SICAV – Asian High Yield (USD)	Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| I-X-dist	1.8.2019 | 6.8.2019 | USD | 6.12 |
| P-dist	1.8.2019 | 6.8.2019 | USD | 5.03 |
| Q-dist	1.8.2019 | 6.8.2019 | USD | 5.78 |
| Monatliche Ausschüttung 1 |  |  |  |
| UBS (Lux) Bond SICAV – Asian High Yield (USD)	Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| (EUR hedged) K-X-mdist	17.6.2019 | 20.6.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	15.7.2019 | 18.7.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	16.8.2019 | 21.8.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	16.9.2019 | 19.9.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	15.10.2019 | 18.10.2019 | EUR | 0.53 |
| (EUR hedged) K-X-mdist	15.11.2019 | 20.11.2019 | EUR | 0.53 |
| P-mdist	17.6.2019 | 20.6.2019 | USD | 0.50 |
| P-mdist	15.7.2019 | 18.7.2019 | USD | 0.50 |
| P-mdist	16.8.2019 | 21.8.2019 | USD | 0.50 |
| P-mdist	16.9.2019 | 19.9.2019 | USD | 0.50 |
| P-mdist	15.10.2019 | 18.10.2019 | USD | 0.50 |
| P-mdist	15.11.2019 | 20.11.2019 | USD | 0.50 |
| (SGD hedged) P-mdist	15.10.2019 | 18.10.2019 | SGD | 0.50 |
| (SGD hedged) P-mdist	15.11.2019 | 20.11.2019 | SGD | 0.50 |
| Q-mdist	17.6.2019 | 20.6.2019 | USD | 0.55 |
| Q-mdist	15.7.2019 | 18.7.2019 | USD | 0.55 |
| Q-mdist	16.8.2019 | 21.8.2019 | USD | 0.55 |
| Q-mdist	16.9.2019 | 19.9.2019 | USD | 0.55 |
| Q-mdist	15.10.2019 | 18.10.2019 | USD | 0.55 |
| Q-mdist	15.11.2019 | 20.11.2019 | USD | 0.55 |
| 1  Siehe Erläuterung 5 |  |  |  |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden Notes, fester Zins |  |  |  |
| CNY |  |  |  |
| CNY	CIFI HOLDINGS GROUP CO LTD-REG-S 6.70000% 19-23.04.22 | 19 000 000.00 | 2 690 663.91 | 0.47 |
| Total CNY |  | 2 690 663.91 | 0.47 |
| USD |  |  |  |
| USD	ABJA INVESTMENT CO PTE LTD-REG-S 5.45000% 18-24.01.28 | 425 000.00 | 407 796.00 | 0.07 |
| USD	AGILE GROUP HOLDINGS LTD-REG-S 8.50000% 18-18.07.21 | 750 000.00 | 791 250.00 | 0.14 |
| USD	AGILE GROUP HOLDINGS LTD-REG-S 9.50000% 18-23.11.20 | 2 000 000.00 | 2 095 000.00 | 0.36 |
| USD	AGILE PROPERTY HOLDINGS LTD-REG-S 6.70000% 19-07.03.22 | 2 500 000.00 | 2 581 250.00 | 0.45 |
| USD	APL REALTY HOLDINGS PTE LTD-REG-S 5.95000% 17-02.06.24 | 5 700 000.00 | 4 719 828.00 | 0.82 |
| USD	AZURE POWER ENERGY LTD-REG-S 5.50000% 17-03.11.22 | 1 000 000.00 | 1 016 250.00 | 0.18 |
| USD	CAR INC-REG-S 6.00000% 15-11.02.21 | 500 000.00 | 471 406.25 | 0.08 |
| USD	CAR INC-REG-S 8.87500% 19-10.05.22 | 350 000.00 | 331 625.00 | 0.06 |
| USD	CENTRAL CHINA REAL ESTATE-REG-S 7.25000% 19-24.04.23 | 5 525 000.00 | 5 462 843.75 | 0.95 |
| USD	CHINA AOYUAN PROPERTY GROUP LTD-REG-S 7.95000% 18-07.09.21 | 3 485 000.00 | 3 620 043.75 | 0.63 |
| USD	CHINA EVERGRANDE GROUP-REG-S 10.00000% 19-11.04.23 | 5 000 000.00 | 4 693 750.00 | 0.82 |
| USD	CHINA EVERGRANDE GROUP-REG-S 10.50000% 19-11.04.24 | 4 000 000.00 | 3 732 500.00 | 0.65 |
| USD	CHINA SOUTH CITY HOLDINGS LTD-REG-S 7.25000% 17-20.11.22 | 2 000 000.00 | 1 714 375.00 | 0.30 |
| USD	CIFI HOLDINGS GROUP CO LTD-REG-S 6.87500% 18-23.04.21 | 375 000.00 | 384 738.75 | 0.07 |
| USD	CIFI HOLDINGS GROUP CO LTD-REG-S 6.45000% 19-07.11.24 | 4 275 000.00 | 4 282 481.25 | 0.75 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 8.00000% 18-27.01.24 | 2 250 000.00 | 2 452 500.00 | 0.43 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 7.25000% 19-08.04.26 | 5 000 000.00 | 5 428 125.00 | 0.94 |
| USD	EASY TACTIC LTD-REG-S 5.75000% 17-13.01.22 | 2 500 000.00 | 2 435 156.25 | 0.42 |
| USD	EASY TACTIC LTD-REG-S 8.12500% 19-11.07.24 | 325 000.00 | 316 062.50 | 0.06 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 11.75000% 19-17.04.22 | 2 600 000.00 | 2 629 094.00 | 0.46 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 12.25000% 19-18.10.22 | 1 425 000.00 | 1 445 862.00 | 0.25 |
| USD	FORTUNE STAR BVI LTD-REG-S 6.87500% 19-31.01.21 | 2 850 000.00 | 2 914 125.00 | 0.51 |
| USD	GOLDEN EAGLE RETAIL GROUP-REG-S 4.62500% 13-21.05.23 | 750 000.00 | 735 000.00 | 0.13 |
| USD	GOLDEN LEGACY PTE LTD-REG-S 6.87500% 17-27.03.24 | 700 000.00 | 713 781.25 | 0.12 |
| USD	GREENKO MAURITIUS LTD-REG-S 6.25000% 19-21.02.23 | 4 575 000.00 | 4 683 656.25 | 0.82 |
| USD	GREENTOWN CHINA HOLDINGS LTD-REG-S 5.87500% 15-11.08.20 | 500 000.00 | 504 980.00 | 0.09 |
| USD	JINGRUI HOLDINGS LTD-REG-S 7.75000% 17-12.04.20 | 1 000 000.00 | 975 250.00 | 0.17 |
| USD	KAISA GROUP HOLDINGS LTD-REG-S 11.50000% 19-30.01.23 | 5 000 000.00 | 4 962 500.00 | 0.86 |
| USD	LOGAN PROPERTY HOLDINGS CO LTD-REG-S 5.25000% 17-23.02.23 | 3 250 000.00 | 3 210 390.63 | 0.56 |
| USD	MEDCO STRAITS SERVICES PTE LTD-REG-S 8.50000% 17-17.08.22 | 8 000 000.00 | 8 510 000.00 | 1.48 |
| USD	MELCO RESORTS FINANCE LTD-REG-S 4.87500% 17-06.06.25 | 750 000.00 | 766 162.50 | 0.13 |
| USD	MELCO RESORTS FINANCE LTD-REG-S 5.37500% 19-04.12.29 | 3 000 000.00 | 3 061 320.00 | 0.53 |
| USD	METROPOLITAN LIGHT CO LTD-REG-S 5.50000% 17-21.11.22 | 1 669 000.00 | 1 711 275.77 | 0.30 |
| USD	MONGOLIA,GOVERNMENT OF-REG-S 5.62500% 17-01.05.23 | 2 425 000.00 | 2 488 656.25 | 0.43 |
| USD	NAGACORP LTD-REG-S 9.37500% 18-21.05.21 | 500 000.00 | 529 375.00 | 0.09 |
| USD	NEERG ENERGY LTD-REG-S 6.00000% 17-13.02.22 | 6 700 000.00 | 6 702 093.75 | 1.17 |
| USD	OLAM INTERNATIONAL LTD 7.50000% 10-12.08.20 | 300 000.00 | 307 950.00 | 0.05 |
| USD	PAKISTAN, ISLAMIC REPUBLIC OF-REG-S 8.25000% 14-15.04.24 | 2 750 000.00 | 3 016 406.25 | 0.52 |
| USD	PAKISTAN, ISLAMIC REPUBLIC OF-REG-S 8.25000% 15-30.09.25 | 6 000 000.00 | 6 600 000.00 | 1.15 |
| USD	PAKISTAN, ISLAMIC REPUBLIC OF-REG-S 6.87500% 17-05.12.27 | 3 250 000.00 | 3 274 375.00 | 0.57 |
| USD	POWERLONG REAL ESTATE HOLDINGS-REG-S 6.95000% 19-23.07.23 | 8 000 000.00 | 7 840 000.00 | 1.36 |
| USD	REDCO PROPERTIES GROUP LTD-REG-S 11.00000% 18-29.08.20 | 2 000 000.00 | 2 007 500.00 | 0.35 |
| USD	REDCO PROPERTIES GROUP LTD-REG-S 9.87500% 19-02.05.21 | 4 700 000.00 | 4 582 500.00 | 0.80 |
| USD	RKPF OVERSEAS 2019 A LTD-REG-S 7.87500% 19-01.02.23 | 1 725 000.00 | 1 832 812.50 | 0.32 |
| USD	RONSHINE CHINA HOLDINGS LTD-REG-S 8.95000% 19-22.01.23 | 4 500 000.00 | 4 616 718.75 | 0.80 |
| USD	SHIMAO PROPERTY HOLDINGS LTD-REG-S 5.60000% 19-15.07.26 | 1 250 000.00 | 1 303 125.00 | 0.23 |
| USD	SHUI ON DEVELOPMENT HOLDING LTD-REG-S 6.25000% 19-28.11.21 | 2 000 000.00 | 2 045 000.00 | 0.36 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 5.87500% 12-25.07.22 | 2 000 000.00 | 1 984 375.00 | 0.35 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 6.20000% 17-11.05.27 | 14 000 000.00 | 12 630 625.00 | 2.20 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 5.75000% 18-18.04.23 | 10 900 000.00 | 10 654 750.00 | 1.85 |
| USD	SRI LANKA, DEMOCRATIC REP OF-REG-S 6.85000% 19-14.03.24 | 4 000 000.00 | 3 991 250.00 | 0.69 |
| USD	SRILANKAN AIRLINES LTD-REG-S 7.00000% 19-25.06.24 | 3 150 000.00 | 3 128 863.50 | 0.54 |
| USD	STAR ENERGY GEOTHERMAL WAYANG-REG-S 6.75000% 18-24.04.33 | 500 000.00 | 486 162.50 | 0.08 |
| USD	STUDIO CITY CO LTD-REG-S 7.25000% 16-30.11.21 | 1 000 000.00 | 1 022 000.00 | 0.18 |
| USD	STUDIO CITY FINANCE LTD-REG-S 7.25000% 19-11.02.24 | 10 000 000.00 | 10 534 100.00 | 1.83 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 8.35000% 18-19.04.23 | 2 000 000.00 | 2 072 500.00 | 0.36 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 8.62500% 18-27.07.20 | 6 700 000.00 | 6 850 750.00 | 1.19 |
| USD	THETA CAPITAL PTE LTD-REG-S 6.75000% 16-31.10.26 | 2 000 000.00 | 1 783 125.00 | 0.31 |
| USD	THIRD PAKISTAN INTERNATIONAL SUK-REG-S 5.62500% 17-05.12.22 | 2 000 000.00 | 2 024 220.00 | 0.35 |
| USD	TIMES CHINA HOLDINGS LTD-REG-S 10.95000% 18-27.11.20 | 4 000 000.00 | 4 230 000.00 | 0.74 |
| USD	VEDANTA RESOURCES PLC-REG-S 7.12500% 13-31.05.23 | 7 500 000.00 | 7 333 593.75 | 1.28 |
| USD	VEDANTA RESOURCES PLC-REG-S 6.12500% 17-09.08.24 | 1 500 000.00 | 1 346 718.75 | 0.23 |
| USD	WYNN MACAU LTD-REG-S 4.87500% 17-01.10.24 | 5 750 000.00 | 5 836 250.00 | 1.02 |
| USD	WYNN MACAU LTD-REG-S 5.50000% 17-01.10.27 | 2 000 000.00 | 2 053 125.00 | 0.36 |
| USD	YANKUANG GROUP CAYMAN LTD-REG-S 4.75000% 17-30.11.20 | 750 000.00 | 753 060.00 | 0.13 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 6.00000% 16-25.10.23 | 2 425 000.00 | 2 335 578.12 | 0.41 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.62500% 19-23.01.22 | 1 750 000.00 | 1 839 687.50 | 0.32 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 5.50000% 19-30.06.20 | 3 750 000.00 | 3 755 859.37 | 0.65 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.37500% 19-30.10.24 | 1 850 000.00 | 1 877 750.00 | 0.33 |
| Total USD |  | 219 431 234.89 | 38.19 |
| Total Notes, fester Zins |  | 222 121 898.80 | 38.66 |
| Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	PTTEP TREASURY CENTER CO LTD-REG-S-SUB 4.600%/VAR 17-PRP | 1 500 000.00 | 1 541 250.00 | 0.27 |
| Total USD |  | 1 541 250.00 | 0.27 |
| Total Notes, variabler Zins |  | 1 541 250.00 | 0.27 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |

Medium-Term Notes, fester Zins
| USD |  |
| --- | --- |
| USD | GAJAH TUNGGAL TBK PT-REG-S 8.37500% 17-10.08.22 | 1 000 000.00 | 861 390.00 | 0.15 |
| USD | GREENLAND GLOBAL INVESTMENT LTD-REG-S 5.25000% 18-12.02.21 | 750 000.00 | 752 535.00 | 0.13 |
| USD | SAN MIGUEL CORP-REG-S 4.87500% 13-26.04.23 | 1 300 000.00 | 1 305 070.00 | 0.23 |
| USD | YES BANK IFSC BANKING UNIT BR-REG-S 3.75000% 18-06.02.23 | 3 200 000.00 | 2 955 295.99 | 0.51 |
| Total USD |  |  | 5 874 290.99 | 1.02 |
| Total Medium-Term Notes, fester Zins |  | 5 874 290.99 | 1.02 |
| Medium-Term Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	CITIC BANK INTERNATIONAL LTD-REG-S-SUB 4.250%/VAR 16-PRP | 500 000.00 | 496 145.73 | 0.09 |
| USD	OLAM INTERNATIONAL LTD-REG-S-SUB 5.350%/VAR 16-PRP | 350 000.00 | 353 631.25 | 0.06 |
| USD	WOORI BANK-REG-S-SUB 5.250%/VAR 17-PRP | 1 125 000.00 | 1 158 046.87 | 0.20 |
| Total USD |  | 2 007 823.85 | 0.35 |
| Total Medium-Term Notes, variabler Zins |  | 2 007 823.85 | 0.35 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	ADANI GREEN ENERGY UP LTD-REG-S 6.25000% 19-10.12.24 | 13 000 000.00 | 13 865 312.50 | 2.41 |
| USD	ALAM SYNERGY PTE LTD-REG-S 6.62500% 16-24.04.22 | 3 725 000.00 | 3 259 114.25 | 0.57 |
| USD	CENTRAL CHINA REAL ESTATE-REG-S 6.50000% 18-05.03.21 | 1 300 000.00 | 1 294 813.00 | 0.23 |
| USD	CHINA AOYUAN PROPERTY GROUP LTD-REG-S 6.35000% 17-11.01.20 | 700 000.00 | 700 973.00 | 0.12 |
| USD	CHINA AOYUAN PROPERTY GROUP LTD-REG-S 5.37500% 17-13.09.22 | 1 875 000.00 | 1 852 687.50 | 0.32 |
| USD	CHINA EVERGRANDE GROUP-REG-S 8.25000% 17-23.03.22 | 3 250 000.00 | 3 027 578.13 | 0.53 |
| USD	CHINA EVERGRANDE GROUP-REG-S 7.50000% 17-28.06.23 | 3 175 000.00 | 2 733 476.56 | 0.48 |
| USD	CHINA EVERGRANDE GROUP-REG-S 8.75000% 17-28.06.25 | 6 000 000.00 | 5 073 750.00 | 0.88 |
| USD	CHINA GRAND AUTOMOTIVE SERV LTD-REG-S 8.62500% 19-08.04.22 | 1 249 000.00 | 1 061 699.96 | 0.18 |
| USD	CHINA OIL & GAS GROUP LTD-REG-S 4.62500% 17-20.04.22 | 200 000.00 | 201 038.00 | 0.03 |
| USD	CHINA SCE PROPERTY HOLDINGS LTD-REG-S 7.45000% 18-17.04.21 | 1 000 000.00 | 1 020 010.00 | 0.18 |
| USD	CHINA SOUTH CITY HOLDINGS LTD-REG-S 7.25000% 18-25.01.21 | 2 000 000.00 | 1 895 625.00 | 0.33 |
| USD	CONCORD NEW ENERGY GROUP LTD-REG-S 7.90000% 18-23.01.21 | 303 000.00 | 307 899.51 | 0.05 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 7.50000% 15-09.03.20 | 2 000 000.00 | 2 022 500.00 | 0.35 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 4.75000% 18-17.01.23 | 1 500 000.00 | 1 510 781.25 | 0.26 |
| USD	COUNTRY GARDEN HOLDINGS CO LTD-REG-S 6.15000% 19-17.09.25 | 1 150 000.00 | 1 198 875.00 | 0.21 |
| USD	DELHI INTERNATIONAL AIRPORT LTD-REG-S 6.12500% 16-31.10.26 | 250 000.00 | 267 187.50 | 0.05 |
| USD	DEVELOPMENT BANK OF MONGOLIA LLC-REG-S 7.25000% 18-23.10.23 | 900 000.00 | 949 218.75 | 0.16 |
| USD	DR PENG HOLDING HONGKONG LTD-REG-S 5.05000% 17-01.06.20 | 200 000.00 | 132 800.00 | 0.02 |
| USD	EASY TACTIC LTD-REG-S 7.00000% 18-25.04.21 | 3 000 000.00 | 3 007 080.00 | 0.52 |
| USD	EASY TACTIC LTD-REG-S 8.87500% 18-27.09.21 | 3 000 000.00 | 3 093 750.00 | 0.54 |
| USD	EASY TACTIC LTD-REG-S 8.12500% 19-27.02.23 | 5 750 000.00 | 5 721 250.00 | 1.00 |
| USD	EHI CAR SERVICES LTD-REG-S 5.87500% 17-14.08.22 | 1 500 000.00 | 1 372 968.75 | 0.24 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 7.37500% 16-04.10.21 | 700 000.00 | 672 525.00 | 0.12 |
| USD	FANTASIA HOLDINGS GROUP CO LTD-REG-S 8.37500% 18-08.03.21 | 1 350 000.00 | 1 342 828.13 | 0.23 |
| USD	GOLDEN WHEEL TIANDI HLDGS CO LTD-REG-S 7.00000% 18-18.01.21 | 2 300 000.00 | 2 169 906.25 | 0.38 |
| USD	GREENKO INVESTMENT CO-REG-S 4.87500% 16-16.08.23 | 500 000.00 | 495 781.25 | 0.09 |
| USD	HILONG HOLDING LTD-REG-S 7.25000% 17-22.06.20 | 1 400 000.00 | 1 410 500.00 | 0.25 |
| USD	HPCL MITTAL ENERGY LTD-REG-S 5.25000% 17-28.04.27 | 350 000.00 | 349 453.13 | 0.06 |
| USD	HT GLOBAL IT SOLUTIONS HOLDINGS-REG-S 7.00000% 16-14.07.21 | 5 000 000.00 | 5 154 687.50 | 0.90 |
| USD	JINGRUI HOLDINGS LTD-REG-S 9.45000% 18-23.04.21 | 1 000 000.00 | 919 375.00 | 0.16 |
| USD	JSW STEEL LTD-REG-S 5.25000% 17-13.04.22 | 1 000 000.00 | 1 017 187.50 | 0.18 |
| USD	JSW STEEL LTD-REG-S 5.95000% 19-18.04.24 | 2 000 000.00 | 2 046 875.00 | 0.36 |
| USD	KAISA GROUP HOLDINGS LTD-REG-S 8.50000% 17-30.06.22 | 2 250 000.00 | 2 148 243.75 | 0.37 |
| USD	KAISA GROUP HOLDINGS LTD-REG-S 9.37500% 17-30.06.24 | 9 000 000.00 | 8 133 750.00 | 1.42 |
| USD	KWG GROUP HOLDINGS LTD-REG-S 5.87500% 17-10.11.24 | 3 300 000.00 | 3 070 031.25 | 0.53 |
| USD	KWG PROPERTY HOLDING LTD-REG-S 5.20000% 17-21.09.22 | 2 182 000.00 | 2 115 318.08 | 0.37 |
| USD	KWG PROPERTY HOLDING LTD-REG-S 7.87500% 18-09.08.21 | 3 250 000.00 | 3 362 287.50 | 0.58 |
| USD	LAI FUNG BONDS-REG-S 5.65000% 18-18.01.23 | 3 830 000.00 | 3 724 407.47 | 0.65 |
| USD	LS FINANCE 2025 LTD-REG-S 4.50000% 15-26.06.25 | 750 000.00 | 721 816.08 | 0.13 |
| USD	MARBLE II PTE LTD-REG-S 5.30000% 17-20.06.22 | 500 000.00 | 506 406.25 | 0.09 |
| USD	MODERNLAND OVERSEAS PTE LTD-REG-S 6.95000% 17-13.04.24 | 7 450 000.00 | 6 630 202.00 | 1.15 |
| USD	NEW METRO GLOBAL LTD-REG-S 5.00000% 17-08.08.22 | 1 400 000.00 | 1 300 687.50 | 0.23 |
| USD	NEW METRO GLOBAL LTD-REG-S 6.50000% 18-23.04.21 | 1 000 000.00 | 986 220.00 | 0.17 |
| USD	NWD FINANCE BVI LTD-REG-S 5.75000% 16-PRP | 1 000 000.00 | 1 000 200.00 | 0.17 |
| USD	NWD FINANCE BVI LTD-REG-S 6.25000% 19-PRP | 9 000 000.00 | 9 089 014.50 | 1.58 |
| USD	PB INTERNATIONAL BV-REG-S 7.62500% 17-26.01.22 | 500 000.00 | 513 281.25 | 0.09 |
| USD	PCPD CAPITAL LTD-REG-S 4.75000% 17-09.03.22 | 500 000.00 | 503 984.50 | 0.09 |
| USD	POWERLONG REAL ESTATE HOLDINGS LTD 6.95000% 18-17.04.21 | 825 000.00 | 834 339.00 | 0.14 |
| USD	PRIME BLOOM HOLDINGS LTD-REG-S 6.95000% 17-05.07.22 | 2 500 000.00 | 1 262 812.50 | 0.22 |
| USD	RKI OVERSEAS FINANCE 2017 A LTD-REG-S 7.00000% 17-PRP | 200 000.00 | 169 991.03 | 0.03 |
| USD	ROYAL CAPITAL BV-REG-S 5.87500% 18-PRP | 1 435 000.00 | 1 454 282.81 | 0.25 |
| USD	SCENERY JOURNEY LTD-REG-S 13.75000% 18-06.11.23 | 5 000 000.00 | 5 089 062.50 | 0.89 |
| USD	SEAZEN GROUP LIMITED-REG-S 5.00000% 17-16.02.20 | 1 050 000.00 | 1 044 421.87 | 0.18 |
| USD	SHIMAO PROPERTY HOLDINGS LTD-REG-S 4.75000% 17-03.07.22 | 1 000 000.00 | 1 022 442.50 | 0.18 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 7.95000% 19-11.10.23 | 6 600 000.00 | 6 769 125.00 | 1.18 |
| USD	SUNAC CHINA HOLDINGS LTD-REG-S 7.50000% 19-01.02.24 | 2 400 000.00 | 2 377 200.00 | 0.41 |
| USD	THETA CAPITAL PTE LTD-REG-S 7.00000% 14-11.04.22 | 1 150 000.00 | 1 151 796.88 | 0.20 |
| USD	TIANQI FINCO CO LTD-REG-S 3.75000% 17-28.11.22 | 4 500 000.00 | 3 320 156.25 | 0.58 |
| USD	TSINGHUA UNIC LTD-REG-S 5.37500% 18-31.01.23 | 5 475 000.00 | 4 270 217.05 | 0.74 |
| USD	VEDANTA RESOURCES FINANCE II PLC-REG-S 9.25000% 19-23.04.26 | 5 000 000.00 | 4 868 750.00 | 0.85 |
| USD	VEDANTA RESOURCES FINANCE II PLC-REG-S 8.00000% 19-23.04.23 | 5 000 000.00 | 4 925 000.00 | 0.86 |
| USD	WANDA PROPERTIES INTERNATIONAL-REG-S 7.25000% 14-19.01.24 | 2 000 000.00 | 1 995 000.00 | 0.35 |
| USD	WEALTH DRIVEN LTD-REG-S 5.50000% 16-17.08.23 | 350 000.00 | 351 203.12 | 0.06 |
| USD	XIN JIANG GUANG HUI IND INV GRP-REG-S 7.87500% 17-30.03.20 | 1 000 000.00 | 927 812.50 | 0.16 |
| USD	YANLORD LAND HK CO LTD-REG-S 6.75000% 18-23.04.23 | 4 000 000.00 | 4 054 193.60 | 0.71 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.50000% 19-04.02.23 | 1 000 000.00 | 1 045 000.00 | 0.18 |
| USD	YUZHOU PROPERTIES CO LTD-REG-S 8.30000% 19-27.05.25 | 2 525 000.00 | 2 518 687.50 | 0.44 |
| USD	ZOOMLION HK SPV CO LTD-REG-S 6.12500% 12-20.12.22 | 1 250 000.00 | 1 271 150.00 | 0.22 |
| Total USD |  | 165 678 001.66 | 28.84 |
| Total Anleihen, fester Zins |  | 165 678 001.66 | 28.84 |
| UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019 |  |  |  |

| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |

Anleihen, variabler Zins
| USD |  |
| --- | --- |
| USD | BANK OF EAST ASIA LTD/THE-REG-S-SUB 5.625%/VAR 17-PRP | 7 850 000.00 | 7 982 468.75 | 1.39 |
| USD | BANK OF EAST ASIA LTD/THE-REG-S-SUB 5.875%/VAR 19-PRP | 1 750 000.00 | 1 812 627.77 | 0.31 |
| USD | BAOXIN AUTO FINANCE I LTD-REG-S 5.625%/VAR 17-PRP | 2 900 000.00 | 2 165 937.50 | 0.38 |
| USD | CHALIECO HONG KONG CORP LTD-REG-S 5.700%/VAR 16-PRP | 500 000.00 | 501 718.75 | 0.09 |
| USD | CHALIECO HONG KONG CORP LTD-REG-S 5.000%/VAR 19-PRP | 1 575 000.00 | 1 594 687.50 | 0.28 |
| USD | CHINA MINMETALS CORP-REG-S 3.750%/VAR 17-PRP | 500 000.00 | 502 656.25 | 0.09 |
| USD | ESTATE SKY LTD-REG-S 5.750%/VAR 17-PRP | 1 900 000.00 | 1 748 039.73 | 0.30 |
| USD | FRANSHION BRILLIANT LTD-REG-S-SUB 5.750%/VAR 17-PRP | 2 550 000.00 | 2 522 109.37 | 0.44 |
| USD | FRANSHION BRILLIANT LTD-REG-S-SUB 4.875%/VAR 17-PRP | 2 000 000.00 | 1 708 125.00 | 0.30 |
| USD | HUANENG HONG KONG CAPITAL LTD-REG-S 3.600%/VAR 17-PRP | 1 250 000.00 | 1 248 828.13 | 0.22 |
| USD | INDUST&COMMER BK CHINA/HK-REG-SUB 4.250%/VAR 16-PRP | 1 100 000.00 | 1 109 316.01 | 0.19 |
| USD | KING TALENT MANAGEMENT LTD-REG-S-SUB 5.600%/VAR 17-PRP | 7 290 000.00 | 6 447 093.75 | 1.12 |
| USD | NETWORK I2I LTD-REG-S-SUB 5.650%/VAR 19-PRP | 10 500 000.00 | 9 840 468.75 | 1.71 |
| USD | PETRON CORP-REG-S 4.600%/VAR 18-PRP | 8 190 000.00 | 8 115 778.12 | 1.41 |
| USD | POSTAL SAVINGS BANK OF CHINA-REG-S-SUB 4.500%/VAR 17-PRP | 5 725 000.00 | 5 742 890.63 | 1.00 |
| USD | ROYAL CAPITAL BV-REG-S 4.875%/VAR 16-PRP | 2 000 000.00 | 2 020 240.00 | 0.35 |
| USD | SHUI ON DEVELOPMENT HOLDING LTD-REG-S 6.400%/VAR 17-PRP | 500 000.00 | 500 156.25 | 0.09 |
| USD | SINO OCEAN LAND TREASURE-REG-S-SUB 4.900%/VAR 17-PRP | 775 000.00 | 678 367.18 | 0.12 |
| USD | SMC GLOBAL POWER HOLDINGS CORP-REG-S-SUB 6.750%/VAR 15-PRP | 8 350 000.00 | 8 539 378.00 | 1.49 |
| USD | SMC GLOBAL POWER HOLDINGS CORP-REG-S 6.500%/VAR 19-PRP | 3 500 000.00 | 3 650 937.50 | 0.63 |
| Total USD |  |  | 68 431 824.94 | 11.91 |
| Total Anleihen, variabler Zins |  | 68 431 824.94 | 11.91 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.37500% 18-15.03.21 | 10 000 000.00 | 10 087 109.00 | 1.75 |
| USD	AMERICA, UNITED STATES OF 2.50000% 19-15.01.22 | 10 000 000.00 | 10 181 250.00 | 1.77 |
| USD	AMERICA, UNITED STATES OF 2.50000% 19-28.02.21 | 6 000 000.00 | 6 058 359.00 | 1.05 |
| USD	AMERICA, UNITED STATES OF 2.25000% 19-15.04.22 | 10 000 000.00 | 10 146 484.00 | 1.77 |
| USD	AMERICA, UNITED STATES OF 1.75000% 19-31.07.21 | 10 000 000.00 | 10 013 281.00 | 1.74 |
| USD	AMERICA, UNITED STATES OF 1.50000% 19-30.09.21 | 10 000 000.00 | 9 974 609.40 | 1.74 |
| USD	AMERICA, UNITED STATES OF 1.50000% 19-31.10.21 | 10 000 000.00 | 9 976 171.90 | 1.74 |
| Total USD |  | 66 437 264.30 | 11.56 |
| Total Treasury-Notes, fester Zins | 66 437 264.30 | 11.56 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 532 092 354.54 | 92.61 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	VIRGIN AUSTRALIA HOLDINGS LTD-REG-S 8.12500% 19-15.11.24	6 000 000.00 | 5 908 140.00 | 1.03 |
| Total USD | 5 908 140.00 | 1.03 |
| Total Notes, fester Zins | 5 908 140.00 | 1.03 |
| Anleihen, fester Zins |  |  |
| USD |  |  |
| USD	GLOBAL A&T ELECTRONICS LTD 8.50000% 18-12.01.23	500 000.00 | 460 385.00 | 0.08 |
| USD	LODHA DEVELOPERS INTL LTD-REG-S 12.00000% 15-13.03.20	750 000.00 | 615 000.00 | 0.11 |
| Total USD | 1 075 385.00 | 0.19 |
| Total Anleihen, fester Zins | 1 075 385.00 | 0.19 |
| Treasury-Notes, fester Zins |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF 2.25000% 14-30.04.21	10 000 000.00 | 10 077 734.00 | 1.75 |
| Total USD | 10 077 734.00 | 1.75 |
| Total Treasury-Notes, fester Zins | 10 077 734.00 | 1.75 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden | 17 061 259.00 | 2.97 |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Notes, fester Zins
| USD |  |
| --- | --- |
| USD | GREENKO DUTCH BV-REG-S 5.25000% 17-24.07.24 | 1 000 000.00 | 1 014 374.99 | 0.18 |
| USD | MELCO RESORTS FINANCE LTD-REG-S 5.62500% 19-17.07.27 | 5 000 000.00 | 5 178 125.00 | 0.90 |
| Total USD |  |  | 6 192 499.99 | 1.08 |
| Total Notes, fester Zins | 6 192 499.99 | 1.08 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | 6 192 499.99 | 1.08 |
| Total des Wertpapierbestandes | 555 346 113.53 | 96.66 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |
| Derivative Instrumente |  |  |  |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden Finanzterminkontrakte auf Anleihen |  |  |  |
|  |  |  |  |
| USD	US 10YR TREASURY NOTE FUTURE 20.03.20 | 719.00 | -168 515.63 | -0.03 |
| Total Finanzterminkontrakte auf Anleihen |  | -168 515.63 | -0.03 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  | -168 515.63 | -0.03 |
| Total Derivative Instrumente |  | -168 515.63 | -0.03 |
| Devisenterminkontrakte Devisenterminkontrakte (Kauf/Verkauf) |  |  |  |

| USD | 5 606 852.02 | CNH | 40 000 000.00 | 10.1.2020 | -76 559.92 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| JPY | 1 396 300 000.00 | USD | 13 060 970.21 | 10.1.2020 | -267 670.41 | -0.05 |
| USD | 8 471 748.87 | THB | 259 510 000.00 | 10.1.2020 | -123 932.61 | -0.02 |
| JPY | 183 000 000.00 | USD | 1 689 175.62 | 10.1.2020 | -12 477.30 | 0.00 |
| USD | 9 794 011.70 | AUD | 14 285 000.00 | 10.1.2020 | 120 705.59 | 0.02 |
| THB | 259 510 000.00 | USD | 8 607 725.09 | 10.1.2020 | -12 043.61 | 0.00 |
| CNH | 20 960 000.00 | USD | 2 971 966.25 | 10.1.2020 | 6 141.60 | 0.00 |
| USD | 14 503 454.36 | JPY | 1 579 300 000.00 | 10.1.2020 | 33 456.24 | 0.01 |
| SGD | 7 214 200.00 | USD | 5 288 115.12 | 16.1.2020 | -10 061.74 | 0.00 |
| EUR | 33 784 000.00 | USD | 37 350 914.72 | 16.1.2020 | 29 073.09 | 0.00 |
| CHF | 30 242 200.00 | USD | 30 442 511.73 | 16.1.2020 | -59 373.20 | -0.01 |
| SGD | 242 600.00 | USD | 177 643.30 | 16.1.2020 | -152.28 | 0.00 |
| EUR | 2 426 900.00 | USD | 2 682 285.11 | 16.1.2020 | 2 935.48 | 0.00 |
| SGD | 219 500.00 | USD | 160 771.59 | 16.1.2020 | -180.99 | 0.00 |
| USD | 698 674.42 | SGD | 954 100.00 | 16.1.2020 | 635.73 | 0.00 |
| SGD | 1 538 100.00 | USD | 1 125 287.25 | 16.1.2020 | 17.55 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | -369 486.78 | -0.06 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 6 957 346.38 | 1.21 |
| Andere Aktiva und Passiva | 12 791 861.30 | 2.22 |
| Total des Nettovermögens | 574 557 318.80 | 100.00 |

UBS (Lux) Bond SICAV – Asian High Yield (USD) Halbjahresbericht per 30. November 2019