# Portfolio management representatives
Urs Antonioli Geoffrey Wong Projit Chatterjee
1 ¦ 2
UBS Global Emerging Markets Opportunity
| Fund	Deviation from index |
| --- |
| China | 29.88 | -7.6 |  |  |
| India | 16.14 |  |  |  | +6.2 |
|  |
| Republic of Korea | 12.47 |  | -0.8 |  |
| Taiwan | 11.93 |  | -2.0 |  |
| Brazil | 5.62 |  |  | +0.4 |
| Russia | 5.55 |  |  | +2.2 |
| South Africa | 5.06 |  |  | +1.5 |
| United States | 3.51 |  |  |  | +3.5 |
|  |
| Indonesia | 2.64 |  |  | +1.5 |
| Hungary | 2.40 |  |  | +2.2 |
| Mexico | 2.37 |  |  | +0.6 |
| Argentina | 0.00 |  | -0.1 |  |
| Others | 2.43 | -7.7 |  |  |

Market exposure (%)
| Fund	Deviation from index |
| --- |
| Information Technology | 25.96 |  |  | +5.5 |
|  |
| Financial Services | 23.38 |  |  | +5.6 |
|  |
| Consumer Discretionary | 17.08 | -0.5 |  |
| Communication Services | 12.57 |  | +1.3 |
| Materials | 7.23 | -1.2 |  |
| Consumer Staples | 6.35 |  | +0.7 |
| Energy | 3.05 | -2.0 |  |  |
|  |
| Others / Cash | 2.42 |  |  | +2.4 |
|  |
| Health care | 1.96 | -3.1 |  |  |
|  |
| Real estate | 0.00 | -2.0 |  |
| Utilities | 0.00 | -1.9 |  |
| Industrials	0.00	-4.9 |  |  |
|  |

Sector exposure (%)
Current investment strategy
We own companies that benefited from trends accelerated by Covid-19 as well as businesses that faced challenges but might benefit from a recovery. On the same note, in an environment of greater fiscal and clean energy spending and a global economic recovery, we continue to look for potentially attractive beneficiaries of these trends.

Translation (ENFR, 2021-06-30):
# Représentants de la gestion du portefeuille
Urs Antonioli Geoffrey Wong Projit Chatterjee
1 ¦ 2
UBS Global Emerging Markets Opportunity
| Fonds Ecart par rapport à l'indice |
| --- |
| Chine | 29.88 | -7.6 |  |  |
| Inde | 16.14 |  |  |  | +6.2 |
|  |
| République de Corée | 12.47 |  | -0.8 |  |
| République de Chine (Taïwan) | 11.93 |  | -2.0 |  |
| Brésil | 5.62 |  |  | +0.4 |
| Russie | 5.55 |  |  | +2.2 |
| Afrique du Sud | 5.06 |  |  | +1.5 |
| Etats-Unis | 3.51 |  |  |  | +3.5 |
|  |
| Indonésie | 2.64 |  |  | +1.5 |
| Hongrie | 2.40 |  |  | +2.2 |
| Mexique | 2.37 |  |  | +0.6 |
| Argentine | 0.00 |  | -0.1 |  |
| Autres | 2.43 | -7.7 |  |  |

Exposition aux marchés (%)
| Fonds Ecart par rapport à l'indice |
| --- |
| Technologie de l`information | 25.96 |  | +5.5 |
|  |
| Services Financiers | 23.38 |  |  | +5.6 |
|  |
| Autres biens de consommation | 17.08 | -0.5 |  |
| Services de communication | 12.57 |  | +1.3 |
| Matériels | 7.23 | -1.2 |  |
| Biens de consommation de base | 6.35 |  | +0.7 |
| Energie | 3.05 | -2.0 |  |
| Others / Cash | 2.42 |  |  | +2.4 |
|  |
| Santé/soins corporels | 1.96 | -3.1 |  |
| Biens immobiliers | 0.00 | -2.0 |  |
| Services aux collectivités | 0.00 | -1.9 |  |
| Industrie | 0.00 | -4.9 |  |  |
|  |

Exposition sectorielle (%)
Stratégie de placement actuelle
Nous sommes exposés à des entreprises dopées par les tendances qui ont été accélérées par la pandémie ainsi qu’à des entreprises qui ont connu des difficultés, mais qui devraient profiter de la reprise. Dans un contexte d’expansion budgétaire, d’accroissement des dépenses en faveur des énergies propres et de reprise de l’économie mondiale, nous continuons à rechercher des entreprises susceptibles de bénéficier de ces tendances.