# UBS (Lux) Bond SICAV
– Green Social Sustainable Bonds (EUR)
| Most important figures |  |
| --- | --- |
|  | ISIN | 31.5.2022 |
| Net assets in EUR |  | 884 259 528.79 |
| Class P-acc 1 | LU2437035061 |  |
| Shares outstanding |  | 100.0000 |
| Net asset value per share in EUR |  | 91.07 |
| Issue and redemption price per share in EUR 2 |  | 91.07 |
| Class Q-acc 1 | LU2437035145 |  |
| Shares outstanding |  | 100.0000 |
| Net asset value per share in EUR |  | 91.16 |
| Issue and redemption price per share in EUR 2 |  | 91.16 |
| Class U-X-acc 3 | LU2388910510 |  |
| Shares outstanding |  | 98 932.0000 |
| Net asset value per share in EUR |  | 8 937.87 |
| Issue and redemption price per share in EUR 2 |  | 8 937.87 |
| 1  First NAV: 3.2.2022 2  See note 1 3  First NAV: 27.10.2021 |  |  |
| Performance |  |  |
|  | Currency | 2021/2022 |
| Class P-acc 1 | EUR | - |
| Class Q-acc 1 | EUR | - |
| Class U-X-acc 1 | EUR | - |
| 1  Due to the recent launch, there is no data for the calculation of the performance available. |  |  |

Historical performance is no indicator of current or future performance.
The performance data does not take account of any commissions and costs charged when subscribing and redeeming shares. The performance data were not audited.
The subfund has no benchmark.
UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022

## Report of the Portfolio Manager
Over the financial year, from 1 June 2021 to 31 May 2022, the Green Social and Sustainable bond market reported a negative performance.
The key components of the market, the EUR and USD bond market returned as follows:
The EUR green, social and sustainable bond market delivered a negative performance. The escalation of the geopolitical situation between Russia and Ukraine, the hawkish central bank statements mainly due to higher inflation numbers and growth fears had a negative effect on both rates and spreads. Depending on the economic and geopolitical situation, yields may rise further, how- ever relevant moves have taken place.
UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| United States | 27.55 |
| --- | --- |
| France | 13.85 |
| The Netherlands | 11.84 |
| Germany | 8.37 |
| Spain | 5.15 |
| Italy | 4.66 |
| United Kingdom | 3.50 |
| Luxembourg | 2.84 |
| South Korea | 2.44 |
| Australia | 1.98 |
| Canada | 1.67 |
| Sweden | 1.40 |
| Belgium | 1.32 |
| Finland | 1.06 |
| Supranationals | 1.02 |
| Liechtenstein | 0.97 |
| Poland | 0.90 |
| Philippines | 0.80 |
| China | 0.77 |
| Switzerland | 0.73 |
| Chile | 0.60 |
| Denmark | 0.60 |
| Japan | 0.55 |
| Austria | 0.53 |
| Ireland | 0.45 |
| Mauritius | 0.31 |
| India | 0.20 |
| Singapore | 0.19 |
| Mexico | 0.18 |
| Portugal | 0.11 |
| Norway | 0.10 |
| Indonesia | 0.10 |
| Total | 96.74 |

Economic Breakdown as a % of net assets	
| Banks & credit institutions | 28.74 |
| --- | --- |
| Energy & water supply | 14.47 |
| Finance & holding companies | 12.32 |
| Countries & central governments | 9.25 |
| Supranational organisations | 9.21 |
| Real Estate | 4.27 |
| Public, non-profit institutions | 3.87 |
| Telecommunications | 2.72 |
| Electrical devices & components | 2.18 |
| Insurance | 1.64 |
| Internet, software & IT services | 0.97 |
| Computer hardware & network equipment providers | 0.89 |
| Vehicles | 0.83 |
| Petroleum | 0.81 |
| Building industry & materials | 0.69 |
| Traffic & transportation | 0.66 |
| Forestry, paper & pulp products | 0.54 |
| Cantons, federal states | 0.52 |
| Chemicals | 0.44 |
| Miscellaneous consumer goods | 0.39 |
| Lodging, catering & leisure | 0.33 |
| Miscellaneous services | 0.32 |
| Healthcare & social services | 0.27 |
| Pharmaceuticals, cosmetics & medical products | 0.27 |
| Electronics & semiconductors | 0.14 |
| Total | 96.74 |


## Statement of Net Assets
Assets	31.5.2022
EUR
Investments in securities, cost	938 491 539.47
| Investments in securities, unrealized appreciation (depreciation) | 	-83 048 388.26	 |
| --- | --- |
| Total investments in securities (Note 1) | 855 443 151.21 |
| Cash at banks, deposits on demand and deposit accounts | 31 290 403.10 |
| Receivable on securities sales (Note 1) | 1 833.62 |
| Interest receivable on securities | 4 256 624.45 |
| Prepaid expenses | 31 369.44 |
| Unrealized gain on financial futures (Note 1) | 1 400 000.00 |
| Unrealized gain on forward foreign exchange contracts (Note 1) | 7 602 225.22 |
| Total Assets | 900 025 607.04 |
|  |  |
| Liabilities |  |
| Other short-term liabilities (Margins) | -943 746.20 |
| Payable on redemptions | -14 751 104.04 |
| Provisions for flat fee (Note 2) | -13.11 |
| Provisions for taxe d’abonnement (Note 3) | -14 819.85 |
| Provisions for other commissions and fees (Note 2) | 	-56 395.05	 |
| Total provisions | -71 228.01 |
| Total Liabilities | -15 766 078.25 |
|  |  |
| Net assets at the end of the period | 884 259 528.79 |
| Statement of Operations | EUR |
| Income | 27.10.2021-31.5.2022 |
| Interest on liquid assets | 660.94 |
| Interest on securities | 6 404 510.26 |
| Net income on securities lending (Note 17) | 75 936.69 |
| Other income (Note 4) | 2 467 931.55 |
| Total income | 8 949 039.44 |
|  |  |
| Expenses |  |
| Flat fee (Note 2) | -27.33 |
| Taxe d’abonnement (Note 3) | -57 855.37 |
| Other commissions and fees (Note 2) | -56 395.05 |
| Interest on cash and bank overdraft | -144 513.24 |
| Total expenses | -258 790.99 |
|  |  |
| Net income (loss) on investments | 8 690 248.45 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | -1 284 962.10 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 1 026.62 |
| Realized gain (loss) on financial futures | 188 393.00 |
| Realized gain (loss) on forward foreign exchange contracts | -39 069 318.97 |
| Realized gain (loss) on foreign exchange | -1 170 704.75 |
| Total realized gain (loss) | -41 335 566.20 |
|  |  |
| Net realized gain (loss) of the period | -32 645 317.75 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | -83 055 453.41 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | 7 065.15 |
| Unrealized appreciation (depreciation) on financial futures | 1 400 000.00 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | 7 602 225.22 |
| Total changes in unrealized appreciation (depreciation) | -74 046 163.04 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | -106 691 480.79 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022
| Changes in Net Assets |  |
| --- | --- |
|  | EUR |
|  | 27.10.2021-31.5.2022 |
| Net assets at the beginning of the period | 0.00 |
| Subscriptions | 1 058 856 799.89 |
| Redemptions | 	-67 905 790.31	 |
| Total net subscriptions (redemptions) | 990 951 009.58 |
| Net income (loss) on investments | 8 690 248.45 |
| Total realized gain (loss) | -41 335 566.20 |
| Total changes in unrealized appreciation (depreciation) | 	-74 046 163.04	 |
| Net increase (decrease) in net assets as a result of operations | -106 691 480.79 |
| Net assets at the end of the period | 884 259 528.79 |
| Changes in the Number of Shares outstanding |  |
|  | 27.10.2021-31.5.2022 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 0.0000 |
| Number of shares issued | 100.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 100.0000 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the period | 0.0000 |
| Number of shares issued | 100.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the period | 100.0000 |
| Class | U-X-acc |
| Number of shares outstanding at the beginning of the period | 0.0000 |
| Number of shares issued | 106 121.0000 |
| Number of shares redeemed | -7 189.0000 |
| Number of shares outstanding at the end of the period | 98 932.0000 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022

## Statement of Investments in Securities and other Net Assets as of 31 May 2022
| Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	APPLE INC 0.50000% 19-15.11.31 | 3 300 000.00 | 2 867 541.60 | 0.32 |
| EUR	DIGITAL DUTCH FINCO BV-REG-S 1.50000% 20-15.03.30 | 3 500 000.00 | 2 975 301.00 | 0.34 |
| EUR	MEXICO, UNITED STATES OF 2.25000% 21-12.08.36 | 2 000 000.00 | 1 559 125.01 | 0.18 |
| EUR	NATIONAL GRID ELECTRICITY TRANS-REG-S 0.19000% 20-20.01.25 | 1 500 000.00 | 1 438 461.00 | 0.16 |
| EUR	SWISS LIFE FINANCE I LTD-REG-S 0.50000% 21-15.09.31 | 10 500 000.00 | 8 547 771.01 | 0.97 |
| EUR	SWISSCOM FINANCE BV-REG-S 0.37500% 20-14.11.28 | 1 000 000.00 | 907 380.00 | 0.10 |
| Total EUR |  | 18 295 579.62 | 2.07 |
| USD |  |  |  |
| USD	ALEXANDRIA REAL ESTATE EQUITIES INC 3.80000% 19-15.04.26 | 2 000 000.00 | 1 852 191.16 | 0.21 |
| USD	ALIBABA GROUP HOLDING LTD 2.70000% 21-09.02.41 | 1 000 000.00 | 644 331.38 | 0.07 |
| USD	ALPHABET INC 1.10000% 20-15.08.30 | 1 000 000.00 | 784 512.60 | 0.09 |
| USD	ALPHABET INC 2.05000% 20-15.08.50 | 5 000 000.00 | 3 272 708.89 | 0.37 |
| USD	ANALOG DEVICES INC 1.70000% 21-01.10.28 | 1 500 000.00 | 1 248 095.30 | 0.14 |
| USD	APPLE INC 2.85000% 16-23.02.23 | 4 500 000.00 | 4 224 917.07 | 0.48 |
| USD	ARIZONA PUBLIC SERVICE CO 2.65000% 20-15.09.50 | 1 000 000.00 | 626 493.11 | 0.07 |
| USD	ASIAN INFRAS INVEST BANK/THE 0.50000% 21-30.10.24 | 10 000 000.00 | 8 825 030.48 | 1.00 |
| USD	AVALONBAY COMMUNITIES INC 1.90000% 21-01.12.28 | 500 000.00 | 415 907.94 | 0.05 |
| USD	AVANGRID INC 3.80000% 19-01.06.29 | 7 000 000.00 | 6 335 758.19 | 0.72 |
| USD	BANK OF NOVA SCOTIA 2.37500% 19-18.01.23 | 2 000 000.00 | 1 868 924.23 | 0.21 |
| USD	BANK OF NOVA SCOTIA/THE 0.65000% 21-31.07.24 | 3 000 000.00 | 2 645 921.73 | 0.30 |
| USD	BOSTON PROPERTIES LP 4.50000% 18-01.12.28 | 6 000 000.00 | 5 633 125.75 | 0.64 |
| USD	BROOKFIELD FINANCE INC 2.72400% 21-15.04.31 | 1 500 000.00 | 1 215 993.60 | 0.14 |
| USD	CAISSE D’AMORTISSEMENT DE LA-REG-S 0.62500% 21-18.02.26 | 24 500 000.00 | 20 974 337.36 | 2.37 |
| USD	CHILE, REPUBLIC OF 3.50000% 19-25.01.50 | 7 000 000.00 | 5 316 569.43 | 0.60 |
| USD	DOMINION ENERGY INC 2.25000% 21-15.08.31 | 2 000 000.00 | 1 578 703.05 | 0.18 |
| USD	DUKE REALTY LP 1.75000% 21-01.02.31 | 2 200 000.00 | 1 688 017.63 | 0.19 |
| USD	EQUINIX INC 1.00000% 20-15.09.25 | 3 000 000.00 | 2 551 726.35 | 0.29 |
| USD	EQUINIX INC 1.55000% 20-15.03.28 | 5 000 000.00 | 4 009 832.40 | 0.45 |
| USD	ERP OPERATING LP 1.85000% 21-01.08.31 | 500 000.00 | 393 449.32 | 0.04 |
| USD	EXPORT-IMPORT BANK OF KOREA 2.12500% 22-18.01.32 | 3 000 000.00 | 2 424 924.15 | 0.27 |
| USD	FORD MOTOR CO 3.25000% 21-12.02.32 | 900 000.00 | 710 212.37 | 0.08 |
| USD	GEORGIA POWER CO 3.25000% 21-15.03.51 | 3 000 000.00 | 2 182 859.73 | 0.25 |
| USD	HEALTHPEAK PROPERTIES INC 1.35000% 21-01.02.27 | 2 500 000.00 | 2 089 068.78 | 0.24 |
| USD	HOST HOTELS & RESORTS LP 3.37500% 19-15.12.29 | 3 500 000.00 | 2 936 236.18 | 0.33 |
| USD	HP INC 2.65000% 22-17.06.31 | 1 000 000.00 | 779 166.74 | 0.09 |
| USD	INTERNATIONAL BK FOR RECONST& DEVELOP 1.62500% 21-03.11.31 | 30 000 000.00 | 24 652 960.19 | 2.79 |
| USD	INTERSTATE POWER & LIGHT CO 4.10000% 18-26.09.28 | 1 000 000.00 | 951 094.63 | 0.11 |
| USD	JOHNSON CONTROLS INTERNATIONAL PLC 2.00000% 21-16.09.31 | 4 000 000.00 | 3 080 536.65 | 0.35 |
| USD	KAISER FOUNDATION HOSPITALS 3.15000% 17-01.05.27 | 1 000 000.00 | 912 355.26 | 0.10 |
| USD	KILROY REALTY LP 2.65000% 21-15.11.33 | 2 000 000.00 | 1 496 600.77 | 0.17 |
| USD	KOREA WATER RESOURCES CORP-REG-S 3.50000% 22-27.04.25 | 590 000.00 | 553 490.22 | 0.06 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 17-29.09.22 | 4 000 000.00 | 3 739 088.02 | 0.42 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 1.00000% 21-01.10.26 | 7 000 000.00 | 6 030 616.34 | 0.68 |
| USD	MASTERCARD INC 1.90000% 21-15.03.31 | 3 000 000.00 | 2 450 596.93 | 0.28 |
| USD	MITSUBISHI UFJ FINANCIAL GROUP INC 2.52700% 16-13.09.23 | 4 000 000.00 | 3 719 763.27 | 0.42 |
| USD	NEXTERA ENERGY 1.90000% 21-15.06.28 | 5 400 000.00 | 4 497 062.28 | 0.51 |
| USD	NSTAR ELECTRIC CO 3.25000% 19-15.05.29 | 5 500 000.00 | 4 909 100.53 | 0.56 |
| USD	OWENS CORNING 3.95000% 19-15.08.29 | 1 500 000.00 | 1 342 603.63 | 0.15 |
| USD	PFIZER INC 1.75000% 21-18.08.31 | 3 000 000.00 | 2 390 157.39 | 0.27 |
| USD	PNC FINANCIAL SERVICS GROUP 2.20000% 19-01.11.24 | 4 000 000.00 | 3 665 810.97 | 0.41 |
| USD	PROLOGIS LP 1.25000% 20-15.10.30 | 5 500 000.00 | 4 148 344.85 | 0.47 |
| USD	SALESFORCE.COM INC 1.50000% 21-15.07.28 | 4 500 000.00 | 3 751 556.18 | 0.42 |
| USD	STATE BANK OF INDIA LONDON-REG-S 4.50000% 18-28.09.23 | 3 830 000.00 | 3 620 596.88 | 0.41 |
| USD	SUMITOMO MITSUI FINANCIAL GROUP INC 0.50800% 21-12.01.24 | 1 300 000.00 | 1 165 793.53 | 0.13 |
| USD	SWEDBANK AB-144A 1.53800% 21-16.11.26 | 3 000 000.00 | 2 557 523.85 | 0.29 |
| USD	TENNESSEE VALLEY AUTHORITY 1.50000% 21-15.09.31 | 5 991 000.00 | 4 788 514.68 | 0.54 |
| USD	VERIZON COMMUNICATIONS INC 3.87500% 19-08.02.29 | 1 000 000.00 | 930 184.37 | 0.11 |
| USD	VERIZON COMMUNICATIONS INC 2.85000% 21-03.09.41 | 6 000 000.00 | 4 438 448.54 | 0.50 |
| USD	WELLTOWER INC 2.70000% 19-15.02.27 | 1 500 000.00 | 1 329 170.96 | 0.15 |
| USD	WOORI BANK -REG-S 0.75000% 21-01.02.26 | 4 750 000.00 | 3 995 719.96 | 0.45 |
| Total USD |  | 182 346 705.80 | 20.62 |
| Total Notes, fixed rate |  | 200 642 285.42 | 22.69 |
| Notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AUSTRALIA & NZ BANKING GRP-REG-S-SUB 1.125%/VAR 19-21.11.29 | 6 000 000.00 | 5 755 860.00 | 0.65 |
| EUR	BAYERISCHE LANDESBANK-REG-S-SUB 1.000%/VAR 21-23.09.31 | 5 000 000.00 | 4 479 450.00 | 0.51 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 1.825%/VAR 21-PRP | 2 000 000.00 | 1 647 600.00 | 0.18 |
| EUR	MUENCHENR RUECKVR AG-REG-S-SUB 1.250%VAR 20-26.05.41 | 5 000 000.00 | 4 059 600.00 | 0.46 |
| EUR	ORSTED A/S-REG-S-SUB 1.500%/VAR 21-18.02.3021 | 6 600 000.00 | 5 308 710.00 | 0.60 |
| EUR	RAIFFEISEN BANK INTL AG-REG-S-SUB 1.375%/VAR 21-17.06.33 | 6 000 000.00 | 4 664 784.00 | 0.53 |
| EUR	TELEFONICA EUROPE BV-REG-S-SUB 2.880%/VAR 21-PRP | 5 000 000.00 | 4 409 270.00 | 0.50 |
| EUR	WESTPAC BANKING CORP-REG-SUB 0.766%/VAR 21-13.05.31 | 1 088 000.00 | 987 723.71 | 0.11 |
| Total EUR |  | 31 312 997.71 | 3.54 |
| USD |  |  |  |
| USD	CITIGROUP INC 1.281%/VAR 21-03.11.25 | 4 000 000.00 | 3 517 087.85 | 0.40 |
| USD	CITIGROUP INC 1.678%/VAR 20-15.05.24 | 3 000 000.00 | 2 763 816.96 | 0.31 |
| USD	JPMORGAN CHASE & CO 0.653%/VAR 20-16.09.24 | 1 000 000.00 | 903 533.79 | 0.10 |
| USD	JPMORGAN CHASE & CO 0.768%/VAR 21-09.08.25 | 5 000 000.00 | 4 388 795.66 | 0.50 |
| Total USD |  | 11 573 234.26 | 1.31 |
| Total Notes, floating rate |  | 42 886 231.97 | 4.85 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022
| 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 |  |  |  |
| AUD |  |  |  |
| AUD	LENDLEASE FINANCE LTD-REG-S 3.40000% 20-27.10.27 | 1 500 000.00 | 913 353.12 | 0.10 |
| Total AUD |  | 913 353.12 | 0.10 |
| EUR |  |  |  |
| EUR	ABN AMRO BANK NV-REG-S 0.50000% 21-23.09.29 | 2 000 000.00 | 1 703 240.00 | 0.19 |
| EUR	AIR LIQUIDE FINANCE-REG-S 0.37500% 21-27.05.31 | 2 000 000.00 | 1 722 824.00 | 0.20 |
| EUR	ALLIANDER NV-REG-S 0.37500% 20-10.06.30 | 5 500 000.00 | 4 781 238.00 | 0.54 |
| EUR	ARKEMA SA-REG-S 0.12500% 20-14.10.26 | 1 000 000.00 | 928 146.00 | 0.11 |
| EUR	ASSICURAZIONI GENERALI SPA-REG-S-SUB 2.42900% 20-14.07.31 | 2 500 000.00 | 2 171 875.00 | 0.25 |
| EUR	BANCA INTESA SPA-REG-S 0.75000% 21-16.03.28 | 10 000 000.00 | 8 849 832.80 | 1.00 |
| EUR	BANCO BILBAO VIZCAYA ARGENTARIA-REG-S 1.00000% 19-21.06.26 | 10 000 000.00 | 9 578 800.00 | 1.08 |
| EUR	BANCO SANTANDER SA-REG-S 0.30000% 19-04.10.26 | 7 000 000.00 | 6 488 692.00 | 0.73 |
| EUR	BANCO SANTANDER SA-REG-S 1.12500% 20-23.06.27 | 3 500 000.00 | 3 274 803.00 | 0.37 |
| EUR	BERLIN HYP AG-REG-S 0.50000% 19-05.11.29 | 4 000 000.00 | 3 508 753.27 | 0.40 |
| EUR	BNG BANK NV-REG-S 0.12500% 21-19.04.33 | 8 000 000.00 | 6 661 040.00 | 0.75 |
| EUR	CPI PROPERTY GROUP SA-REG-S 1.62500% 19-23.04.27 | 6 000 000.00 | 5 099 250.00 | 0.58 |
| EUR	CREDIT AGRICOLE SA 0.12500% 20-09.12.27 | 3 000 000.00 | 2 625 432.00 | 0.30 |
| EUR	CREDIT AGRICOLE SA-REG-S 0.37500% 19-21.10.25 | 3 500 000.00 | 3 325 315.00 | 0.38 |
| EUR	CREDIT SUISSE AG/LONDON-REG-S 0.45000% 20-19.05.25 | 5 000 000.00 | 4 757 770.00 | 0.54 |
| EUR	CTP BV-REG-S 2.12500% 20-01.10.25 | 5 000 000.00 | 4 653 230.00 | 0.53 |
| EUR	CTP NV-REG-S 0.62500% 21-27.09.26 | 500 000.00 | 418 890.00 | 0.05 |
| EUR	CTP NV-REG-S 1.25000% 21-21.06.29 | 3 000 000.00 | 2 292 990.00 | 0.26 |
| EUR	DAIMLER AG-REG-S 0.75000% 20-10.09.30 | 6 500 000.00 | 5 768 997.00 | 0.65 |
| EUR	DAIMLER AG-REG-S 0.75000% 21-11.03.33 | 1 000 000.00 | 828 440.00 | 0.09 |
| EUR	E.ON INTERNATIONAL FINANCE BV-REG-S 1.25000% 17-19.10.27 | 1 500 000.00 | 1 433 760.00 | 0.16 |
| EUR	E.ON SE-REG-S 0.37500% 20-29.09.27 | 1 500 000.00 | 1 369 536.00 | 0.16 |
| EUR	E.ON SE-REG-S 0.87500% 22-18.10.34 | 2 000 000.00 | 1 606 945.62 | 0.18 |
| EUR	EDP FINANCE BV-REG-S 1.87500% 18-13.10.25 | 1 000 000.00 | 1 003 326.00 | 0.11 |
| EUR	EDP FINANCE BV-REG-S 0.37500% 19-16.09.26 | 9 500 000.00 | 8 870 450.77 | 1.00 |
| EUR	EDP FINANCE BV-REG-S 1.87500% 22-21.09.29 | 1 000 000.00 | 949 228.00 | 0.11 |
| EUR	ELECTRICIDADE DE PORTUGAL SA-REG-S 1.62500% 20-15.04.27 | 1 000 000.00 | 972 686.00 | 0.11 |
| EUR	ELECTRICITE DE FRANCE-REG-S 1.00000% 16-13.10.26 | 8 000 000.00 | 7 694 480.00 | 0.87 |
| EUR	ELECTRICITE DE FRANCE SA-REG-S 1.00000% 21-29.11.33 | 3 000 000.00 | 2 400 036.00 | 0.27 |
| EUR	ENEL FINANCE INTERNATIONAL NV-REG-S 1.12500% 18-16.09.26 | 6 500 000.00 | 6 278 675.00 | 0.71 |
| EUR	ENGIE SA-REG-S 1.00000% 21-26.10.36 | 11 500 000.00 | 8 544 500.00 | 0.97 |
| EUR	ENGIE SA-REG-S 2.37500% 14-19.05.26 | 4 500 000.00 | 4 581 666.00 | 0.52 |
| EUR	ERG SPA-REG-S 0.50000% 20-11.09.27 | 8 000 000.00 | 7 165 248.00 | 0.81 |
| EUR	EUROGRID GMBH-REG-S 1.11300% 20-15.05.32 | 2 500 000.00 | 2 159 790.00 | 0.24 |
| EUR	EUROPEAN INVESTMENT BANK-REG-S 0.37500% 18-15.05.26 | 500 000.00 | 485 690.00 | 0.06 |
| EUR	FERROVIE DELLO STATO-REG-S 1.12500% 19-09.07.26 | 500 000.00 | 479 291.00 | 0.05 |
| EUR	FERROVIE DELLO STATO-REG-S 0.37500% 21-25.03.28 | 6 000 000.00 | 5 346 420.00 | 0.60 |
| EUR	GECINA SA-REG-S 1.62500% 19-29.05.34 | 5 000 000.00 | 4 321 420.00 | 0.49 |
| EUR	IBERDROLA FINANZAS SA-REG-S 1.25000% 18-28.10.26 | 3 000 000.00 | 2 953 422.00 | 0.33 |
| EUR	ING GROEP NV-REG-S 2.50000% 18-15.11.30 | 2 000 000.00 | 1 965 740.00 | 0.22 |
| EUR	INTESA SANPAOLO SPA-REG-S 0.75000% 19-04.12.24 | 500 000.00 | 488 014.00 | 0.06 |
| EUR	KONINKLIJKE KPN NV-REG-S 0.87500% 21-15.11.33 | 9 000 000.00 | 7 288 452.00 | 0.82 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU-REG-S 0.01000% 19-05.05.27 | 500 000.00 | 471 688.00 | 0.05 |
| EUR	LA BANQUE POSTALE-REG-S 0.75000% 21-23.06.31 | 4 500 000.00 | 3 688 601.12 | 0.42 |
| EUR	LANDESBANK BADEN-WUERTTEMBERG REG S-0.37500% 21-21.02.31 | 3 000 000.00 | 2 417 502.00 | 0.27 |
| EUR	LOGICOR FINANCING SARL-REG-S 2.00000% 22-17.01.34 | 3 000 000.00 | 2 332 200.00 | 0.26 |
| EUR	NATIONAL GRID TRANSCO PLC-REG-S 0.25000% 21-01.09.28 | 4 000 000.00 | 3 461 200.00 | 0.39 |
| EUR	NEDERLANDSE WATERSCHAPSBANK NV-REG-S 1.00000% 15-03.09.25 | 3 000 000.00 | 2 981 004.00 | 0.34 |
| EUR	NORDEA BANK ABP-REG-S 0.50000% 21-19.03.31 | 500 000.00 | 416 982.00 | 0.05 |
| EUR	ORANGE SA-REG-S 0.12500% 20-16.09.29 | 3 000 000.00 | 2 578 566.00 | 0.29 |
| EUR	P3 GROUP SARL-REG-S 0.87500% 22-26.01.26 | 2 000 000.00 | 1 767 936.54 | 0.20 |
| EUR	POLAND, REPUBLIC OF-REG-S 1.00000% 19-07.03.29 | 3 000 000.00 | 2 755 875.00 | 0.31 |
| EUR	RED ELECTRICA FINANCIACIONES SAU-REG-S 0.37500% 20-24.07.28 | 8 000 000.00 | 7 357 376.00 | 0.83 |
| EUR	ROYAL SCHIPHOL GROUP NV-REG-S 2.00000% 20-06.04.29 | 1 500 000.00 | 1 482 006.00 | 0.17 |
| EUR	RTE RESEAU DE TRANS D’ELECTRIC-REG-S 0.75000% 22-12.01.34 | 3 000 000.00 | 2 493 666.24 | 0.28 |
| EUR	RWE AG-REG-S 0.50000% 21-26.11.28 | 1 000 000.00 | 873 100.00 | 0.10 |
| EUR	SBB TREASURY OYJ-REG-S 0.75000% 20-14.12.28 | 3 000 000.00 | 2 115 370.80 | 0.24 |
| EUR	SBB TREASURY OYJ-REG-S 1.12500% 21-26.11.29 | 3 000 000.00 | 2 052 417.30 | 0.23 |
| EUR	SNAM SPA-REG-S 0.62500% 21-30.06.31 | 3 000 000.00 | 2 462 982.00 | 0.28 |
| EUR	SSE PLC-REG-S 0.87500% 17-06.09.25 | 2 500 000.00 | 2 422 060.00 | 0.27 |
| EUR	SSE PLC-REG-S 1.37500% 18-04.09.27 | 3 000 000.00 | 2 870 964.00 | 0.33 |
| EUR	SVENSKA HANDELSBANKEN AB-REG-S 0.01000% 20-02.12.27 | 500 000.00 | 442 864.00 | 0.05 |
| EUR	TELEFONICA EMISIONES SA-REG-S 1.06900% 19-05.02.24 | 2 500 000.00 | 2 503 765.00 | 0.28 |
| EUR	TENNET HOLDING BV-REG-S 2.00000% 18-05.06.34 | 500 000.00 | 461 422.00 | 0.05 |
| EUR	TERNA-TRASMISSIONE ELETTRICITA-REG-S 0.37500% 21-23.06.29 | 6 000 000.00 | 5 219 844.47 | 0.59 |
| EUR	TOYOTA FINANCE AUSTRALIA LTD-REG-S 2.28000% 20-21.10.27 | 6 000 000.00 | 6 042 888.00 | 0.68 |
| EUR	UBS AG LONDON BRANCH-REG-S 0.01000% 21-29.06.26 | 7 000 000.00 | 6 457 570.00 | 0.73 |
| EUR	UNIBAIL-RODAMCO SE-REG-S 2.50000% 14-26.02.24 | 500 000.00 | 504 685.00 | 0.06 |
| EUR	UNIBAIL-RODAMCO SE-REG-S 1.00000% 15-14.03.25 | 1 000 000.00 | 962 410.44 | 0.11 |
| EUR	UPM-KYMMENE CORP-REG-S 0.50000% 21-22.03.31 | 4 000 000.00 | 3 247 443.28 | 0.37 |
| EUR	UPM-KYMMENE OYJ-REG-S 0.12500% 20-19.11.28 | 1 800 000.00 | 1 556 100.00 | 0.18 |
| EUR	VATTENFALL AB-REG-S 0.05000% 20-15.10.25 | 4 600 000.00 | 4 347 846.40 | 0.49 |
| EUR	VODAFONE GROUP PLC-REG-S 0.90000% 19-24.11.26 | 2 000 000.00 | 1 917 645.12 | 0.22 |
| Total EUR |  | 238 464 315.17 | 26.97 |
| USD |  |  |  |
| USD	AGRICULTURAL BANK OF CHINA/NY-REG-S 2.00000% 22-18.01.27 | 1 635 000.00 | 1 425 628.41 | 0.16 |
| USD	ASIAN DEVELOPMENT BANK 2.37500% 17-10.08.27 | 6 000 000.00 | 5 447 359.59 | 0.62 |
| USD	BANK MANDIRI PERSERO TBK PT-REG-S 2.00000% 21-19.04.26 | 1 000 000.00 | 856 578.77 | 0.10 |
| USD	BANK OF CHINA LTD/PARIS 0.95000% 20-21.09.23 | 5 000 000.00 | 4 550 291.72 | 0.52 |
| USD	BANK OF THE PHILIPPINE ISLANDS-REG-S 2.50000% 19-10.09.24 | 1 756 000.00 | 1 604 168.49 | 0.18 |
| USD	CDP FINANCIAL INC-REG-S 1.00000% 21-26.05.26 | 7 000 000.00 | 6 061 231.69 | 0.69 |
| USD	CHINA CONSTRUCTION BANK CORP/HK-REG-S 1.00000% 20-04.08.23 | 3 000 000.00 | 2 739 024.51 | 0.31 |
| USD	CHINA DEVELOPMENT BANK-REG-S 2.75000% 17-16.11.22 | 2 111 000.00 | 1 971 127.16 | 0.22 |
| USD	EUROPEAN BANK FOR RECONSTR & DEVT 1.50000% 20-13.02.25 | 2 766 000.00 | 2 495 145.22 | 0.28 |
| USD	HENKEL AG & CO KGAA-REG-S 1.75000% 21-17.11.26 | 4 000 000.00 | 3 464 922.28 | 0.39 |
| USD	INTER-AMERICAN INVESTMENT CORP-REG-S 0.62500% 21-10.02.26 | 5 000 000.00 | 4 285 390.90 | 0.49 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 230 000.00 | 208 819.44 | 0.02 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | INTERNATIONAL FINANCE CORP 2.00000% 17-24.10.22 | 2 096 000.00 | 1 959 097.21 | 0.22 |
| USD | INTL BK FOR RECONSTR & DEVT WORLD BANK 2.12500% 15-03.03.25 | 12 698 000.00 | 11 651 269.93 | 1.32 |
| USD | JOHN DEERE CAPITAL CORP 3.35000% 22-18.04.29 | 5 080 000.00 | 4 636 826.15 | 0.52 |
| USD | KOMMUNALBANKEN AS-REG-S 2.12500% 15-11.02.25 | 1 000 000.00 | 916 406.06 | 0.10 |
| USD | KOREA WATER RESOURCES CORP-REG-S 3.87500% 18-15.05.23 | 500 000.00 | 471 458.57 | 0.05 |
| USD | NEDERLANDSE WATERSCHAPSBANK NV-REG-S 3.12500% 18-05.12.22 | 800 000.00 | 751 164.19 | 0.09 |
| USD | RURAL ELECTRIFICATION CORP LTD-REG-S 3.87500% 17-07.07.27 | 2 000 000.00 | 1 789 731.63 | 0.20 |
| USD | SHINHAN BANK CO LTD-REG-S-SUB 4.37500% 22-13.04.32 | 1 550 000.00 | 1 423 844.10 | 0.16 |
| Total USD |  |  | 58 709 486.02 | 6.64 |
| Total Medium term notes, fixed rate |  | 298 087 154.31 | 33.71 |
| Medium term notes, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	INSTITUTO DE CREDITO OFICIAL-REG-S 0.00000% 20-30.04.26 | 3 000 000.00 | 2 842 140.00 | 0.32 |
| EUR	INSTITUTO DE CREDITO OFICIAL 0.00000% 21-30.04.27 | 1 814 000.00 | 1 681 929.92 | 0.19 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU-REG-S 0.00000% 20-15.09.28 | 7 000 000.00 | 6 453 510.00 | 0.73 |
| EUR	NORTH RHIEN WESTPHALIA, STATE OF-REG-S 0.00000% 20-12.10.35 | 6 000 000.00 | 4 613 220.00 | 0.52 |
| EUR	VINCI SA-REG-S 0.00000% 20-27.11.28 | 1 000 000.00 | 878 626.00 | 0.10 |
| Total EUR |  | 16 469 425.92 | 1.86 |
| Total Medium term notes, zero coupon |  | 16 469 425.92 | 1.86 |
| Medium term notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AIB GROUP PLC-REG-S 0.50000% 21-17.11.27 | 1 000 000.00 | 904 060.00 | 0.10 |
| EUR	AXA SA-REG-S-SUB 0.000%/VAR 21-07.10.41 | 4 500 000.00 | 3 651 210.00 | 0.41 |
| EUR	BNP PARIBAS SA-REG-S 0.500%/VAR 21-30.05.28 | 4 000 000.00 | 3 594 104.00 | 0.41 |
| EUR	CAIXABANK SA-REG-S 0.375%/VAR 20-18.11.26 | 1 500 000.00 | 1 397 067.00 | 0.16 |
| EUR	CAIXABANK SA-REG-S 0.750%/VAR 21-26.05.28 | 5 000 000.00 | 4 496 300.00 | 0.51 |
| EUR	CREDIT AGRICOLE SA-REG-S 0.500%/VAR 03-21.09.29 | 5 500 000.00 | 4 775 837.00 | 0.54 |
| EUR	DEUTSCHE BANK AG-REG-S 1.375%/VAR 20-10.06.26 | 5 500 000.00 | 5 402 166.00 | 0.61 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 2 000 000.00 | 1 992 860.00 | 0.23 |
| EUR	ING GROEP NV-REG-S-SUB 0.875%/VAR 21-09.06.32 | 6 500 000.00 | 5 718 830.00 | 0.65 |
| EUR	MBANK SA-REG-S 0.966%/VAR 21-21.09.27 | 6 000 000.00 | 5 151 750.00 | 0.58 |
| EUR	NATWEST GROUP PLC-REG-S 0.780%/VAR 21-26.02.30 | 5 000 000.00 | 4 266 740.00 | 0.48 |
| EUR	UNICREDIT SPA-REG-S 0.800%/VAR 21-05.07.29 | 8 000 000.00 | 6 903 712.00 | 0.78 |
| Total EUR |  | 48 254 636.00 | 5.46 |
| USD |  |  |  |
| USD	BANK OF AMERICA CORP 0.981%/VAR 20-25.09.25 | 9 000 000.00 | 7 880 708.16 | 0.89 |
| USD	MORGAN STANLEY 0.864%/VAR 20-21.10.25 | 3 000 000.00 | 2 622 084.18 | 0.30 |
| USD	UNITED OVERSEAS BANK LTD-REG-S-SUB 2.000%/VAR 21-14.10.31 | 2 000 000.00 | 1 710 564.30 | 0.19 |
| Total USD |  | 12 213 356.64 | 1.38 |
| Total Medium term notes, floating rate |  | 60 467 992.64 | 6.84 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	BELGIUM, KINGDOM OF-REG-S 1.25000% 18-22.04.33 | 3 000 000.00 | 2 884 044.00 | 0.33 |
| EUR	CZECH GAS NETWORKS INVESTMENTS SA-REG-S 0.45000% 21-08.09.29 | 1 000 000.00 | 720 316.00 | 0.08 |
| EUR	DIGITAL INTREPID HOLDING BV-REG-S 0.62500% 21-15.07.31 | 5 000 000.00 | 3 738 948.30 | 0.42 |
| EUR	FRANCE, REPUBLIC OF-OAT-144A-REG-S 1.75000% 17-25.06.39 | 7 500 000.00 | 7 320 315.00 | 0.83 |
| EUR	FRANCE,REPUBLIC OF-OAT-144A-REG-S 0.50000% 21-25.06.44 | 600 000.00 | 433 514.40 | 0.05 |
| EUR	HOLDING D’INFRASTRUCTURES-REG-S 0.62500% 21-16.09.28 | 3 000 000.00 | 2 521 336.35 | 0.28 |
| EUR	IMERYS SA-REG-S 1.00000% 21-15.07.31 | 5 000 000.00 | 3 912 000.00 | 0.44 |
| EUR	ITALIAN REPUBLIC-REG-S-144A 1.50000% 21-30.04.45 | 3 000 000.00 | 2 126 310.00 | 0.24 |
| EUR	LG CHEM LTD-REG-S 0.50000% 19-15.04.23 | 3 000 000.00 | 2 988 375.00 | 0.34 |
| EUR	RABOBANK NEDERLAND NV-REG-S 0.25000% 19-30.10.26 | 2 400 000.00 | 2 229 240.00 | 0.25 |
| EUR	SPAIN, KINGDOM OF-144A-REG-S 1.00000% 21-30.07.42 | 4 000 000.00 | 2 971 648.00 | 0.34 |
| Total EUR |  | 31 846 047.05 | 3.60 |
| GBP |  |  |  |
| GBP	DERWENT LONDON PLC-REG-S 1.87500% 21-17.11.31 | 1 655 000.00 | 1 648 718.70 | 0.19 |
| Total GBP |  | 1 648 718.70 | 0.19 |
| USD |  |  |  |
| USD	DUKE ENERGY CAROLINAS LLC 3.95000% 18-15.11.28 | 8 500 000.00 | 7 973 123.78 | 0.90 |
| USD	EUROPEAN BANK FOR RECONSTR & DEVT 1.62500% 19-27.09.24 | 2 290 000.00 | 2 084 791.35 | 0.23 |
| USD	EUROPEAN INVESTMENT BANK 2.50000% 14-15.10.24 | 1 210 000.00 | 1 124 048.01 | 0.13 |
| USD	EUROPEAN INVESTMENT BANK 0.75000% 20-23.09.30 | 12 000 000.00 | 9 389 975.64 | 1.06 |
| USD	GREENKO WIND PROJECTS MAURITIUS-REG-S 5.50000% 22-06.04.25 | 3 000 000.00 | 2 737 652.28 | 0.31 |
| USD	INDUSTRIAL BANK OF KOREA-REG-S 0.62500% 21-17.09.24 | 4 000 000.00 | 3 531 276.54 | 0.40 |
| USD	INTERSTATE POWER & LIGHT CO 3.50000% 19-30.09.49 | 1 500 000.00 | 1 142 300.35 | 0.13 |
| USD	KOMMUNINVEST I SVERIGE AB-REG-S 1.62500% 19-24.04.23 | 5 450 000.00 | 5 059 451.09 | 0.57 |
| USD	KOREA DEVELOPMENT BANK 0.40000% 21-19.06.24 | 7 000 000.00 | 6 196 788.80 | 0.70 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 0.75000% 20-30.09.30 | 1 500 000.00 | 1 173 648.25 | 0.13 |
| USD	MIDAMERICAN ENERGY CO 4.25000% 19-15.07.49 | 6 500 000.00 | 5 893 822.90 | 0.67 |
| USD	NATIONAL AUSTRALIA BANK LTD/NY 3.62500% 18-20.06.23 | 2 500 000.00 | 2 360 773.39 | 0.27 |
| USD	NEDERLANDSE WATERSCHAPSBANK NV-REG-S 2.37500% 16-24.03.26 | 6 000 000.00 | 5 489 973.61 | 0.62 |
| USD	NORTHERN STATES POWER CO 3.20000%21-01.04.52 | 6 200 000.00 | 4 773 097.14 | 0.54 |
| USD	SOUTHERN CALIFORNIA EDISON CO 3.65000% 21-01.06.51 | 2 000 000.00 | 1 491 373.74 | 0.17 |
| Total USD |  | 60 422 096.87 | 6.83 |
| Total Bonds, fixed rate |  | 93 916 862.62 | 10.62 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022
| Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bonds, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	CAISSE D’AMORTISSEMENT DE LA DETT-REG-S 0.00000% 20-25.11.30 | 5 500 000.00 | 4 764 617.00 | 0.54 |
| EUR	EUROPEAN UNION-REG-S 0.00000% 20-04.10.30 | 10 000 000.00 | 8 784 880.00 | 0.99 |
| EUR	GRAND-DUCHY OF LUXEMBOURG-REG-S 0.00000% 20-14.09.32 | 5 000 000.00 | 4 180 500.00 | 0.47 |
| Total EUR |  | 17 729 997.00 | 2.00 |
| Total Bonds, zero coupon |  | 17 729 997.00 | 2.00 |
| Bonds, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	BNP PARIBAS SA-REG-S 0.500%/VAR 19-04.06.26 | 8 500 000.00 | 8 076 700.00 | 0.91 |
| EUR	ENBW ENERGIE BADEN-WUERTTEMBERG-REG-S 1.375%/VAR 21-31.08.81 | 13 500 000.00 | 10 967 535.00 | 1.24 |
| EUR	ENGIE SA-REG-S-SUB 3.250%/VAR 19-PRP | 3 000 000.00 | 2 977 308.00 | 0.34 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 1.875%/VAR 17-PRP | 3 500 000.00 | 3 503 241.00 | 0.40 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 1.450%/VAR 21-PRP | 12 000 000.00 | 10 695 000.00 | 1.21 |
| EUR	MUENCHENER RUECKVERSICHERUN-REG-S-SUB 1.000%/VAR 21-26.05.42 | 6 000 000.00 | 4 597 128.00 | 0.52 |
| EUR	SOCIETE GENERALE SA-REG-S 0.875%/VAR 20-22.09.28 | 8 500 000.00 | 7 696 937.00 | 0.87 |
| Total EUR |  | 48 513 849.00 | 5.49 |
| Total Bonds, floating rate |  | 48 513 849.00 | 5.49 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 1.25000% 20-15.05.50 | 17 500 000.00 | 10 535 480.28 | 1.19 |
| USD	AMERICA, UNITED STATES OF 0.62500% 20-15.08.30 | 35 000 000.00 | 27 375 655.55 | 3.10 |
| USD	AMERICA, UNITED STATES OF 1.12500% 21-31.10.26 | 16 500 000.00 | 14 321 981.53 | 1.62 |
| Total USD |  | 52 233 117.36 | 5.91 |
| Total Treasury notes, fixed rate |  | 52 233 117.36 | 5.91 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 830 946 916.24 | 93.97 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AUTODESK INC 2.40000% 21-15.12.31 | 1 000 000.00 | 793 659.91 | 0.09 |
| USD	CANADIAN IMPERIAL BANK OF COMMERCE 0.95000% 20-23.10.25 | 3 500 000.00 | 2 987 341.70 | 0.34 |
| USD	COOPERATIEVE RADOBANK UA-144A 1.00400% 20-24.09.26 | 6 000 000.00 | 5 087 134.71 | 0.58 |
| USD	METROPOLITAN LIFE GLOBAL FUNDING-144A 0.95000% 20-02.07.25 | 500 000.00 | 433 392.72 | 0.05 |
| USD	NXP BV / NXP FDNG LLC / NXP USA-144A 2.50000% 21-11.05.31 | 3 000 000.00 | 2 326 403.73 | 0.26 |
| USD	PUBLIC SERVICE CO OF OKLAHOMA 3.15000% 21-15.08.51 | 2 000 000.00 | 1 437 393.36 | 0.16 |
| Total USD |  | 13 065 326.13 | 1.48 |
| Total Notes, fixed rate |  | 13 065 326.13 | 1.48 |
| Notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	FIFTH THIRD BANCORP 1.707%/VAR 21-01.11.27 | 1 000 000.00 | 840 842.85 | 0.10 |
| Total USD |  | 840 842.85 | 0.10 |
| Total Notes, floating rate |  | 840 842.85 | 0.10 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	BB&T CORP 1.267%/VAR 21-02.03.27 | 2 000 000.00 | 1 701 772.33 | 0.19 |
| Total USD |  | 1 701 772.33 | 0.19 |
| Total Medium term notes, floating rate |  | 1 701 772.33 | 0.19 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	NATIONAL RURAL UTILITIES COOPERATIVE 1.35000% 20-15.03.31 | 3 000 000.00 | 2 230 215.04 | 0.25 |
| Total USD |  | 2 230 215.04 | 0.25 |
| Total Bonds, fixed rate |  | 2 230 215.04 | 0.25 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 17 838 156.35 | 2.02 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
| USD |  |
| --- | --- |
| USD | ONCOR ELECTRIC DELIVERY CO LLC 0.55000% 21-01.10.25 | 4 345 000.00 | 3 697 884.96 | 0.42 |
| Total USD |  |  | 3 697 884.96 | 0.42 |

Notes, fixed rate
Total Notes, fixed rate	3 697 884.96	0.42
UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022
| Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bonds, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	OPTUS FINANCE PTY-REG-S 2.60000% 21-24.11.28 | 2 500 000.00 | 1 472 501.08 | 0.16 |
| Total AUD |  | 1 472 501.08 | 0.16 |
| USD |  |  |  |
| USD	KAISER FOUNDATION HOSPITALS 2.81000% 21-01.06.41 | 2 000 000.00 | 1 487 692.58 | 0.17 |
| Total USD |  | 1 487 692.58 | 0.17 |
| Total Bonds, fixed rate |  | 2 960 193.66 | 0.33 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market |  | 6 658 078.62 | 0.75 |
| Total investments in securities |  | 855 443 151.21 | 96.74 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange Financial Futures on bonds |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.06.22 | -100.00 | 1 400 000.00 | 0.16 |
| Total Financial Futures on bonds |  | 1 400 000.00 | 0.16 |
| Total Derivative instruments listed on an official stock exchange |  | 1 400 000.00 | 0.16 |
| Total Derivative instruments |  | 1 400 000.00 | 0.16 |
| Forward Foreign Exchange contracts Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |  |

| EUR | 2 719 408.34 | AUD | 4 030 000.00 | 6.6.2022 | 20 854.02 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 1 692 195.99 | GBP | 1 420 000.00 | 6.6.2022 | 21 683.20 | 0.00 |
| EUR | 417 478 919.93 | USD | 439 000 000.00 | 6.6.2022 | 7 696 731.36 | 0.87 |
| USD | 6 400 000.00 | EUR | 6 064 649.16 | 6.6.2022 | -90 603.59 | -0.01 |
| USD | 1 280 000.00 | EUR | 1 232 817.60 | 6.6.2022 | -38 008.49 | 0.00 |
| USD | 475 000.00 | EUR | 450 752.23 | 6.6.2022 | -7 366.04 | 0.00 |
| USD | 585 000.00 | EUR | 545 791.03 | 6.6.2022 | 274.07 | 0.00 |
| EUR | 1 666 405.17 | GBP | 1 420 000.00 | 6.7.2022 | -1 339.31 | 0.00 |
| Total Forward Foreign Exchange contracts | 7 602 225.22 | 0.86 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 31 290 403.10 | 3.54 |
| Bank overdraft and other short-term liabilities | -943 746.20 | -0.11 |
| Other assets and liabilities | -10 532 504.54 | -1.19 |
| Total net assets | 884 259 528.79 | 100.00 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Annual report and audited financial statements as of 31 May 2022

Translation (ENFR, 2022-05-31):
# UBS (Lux) Bond SICAV
– Green Social Sustainable Bonds (EUR)
| Données principales |  |
| --- | --- |
|  | ISIN | 31.5.2022 |  |
| Actif net en EUR |  | 884 259 528.79 |  |
| Catégorie P-acc 1 | LU2437035061 |  |  |
| Actions en circulation |  | 100.0000 |  |
| Valeur nette d’inventaire par action en EUR |  | 91.07 |  |
| Prix d’émission et de rachat par action en EUR 2 |  | 91.07 |  |
| Catégorie Q-acc 1 | LU2437035145 |  |  |
| Actions en circulation |  | 100.0000 |  |
| Valeur nette d’inventaire par action en EUR |  | 91.16 |  |
| Prix d’émission et de rachat par action en EUR 2 |  | 91.16 |  |
| Catégorie U-X-acc 3 | LU2388910510 |  |  |
| Actions en circulation |  | 98 932.0000 |  |
| Valeur nette d’inventaire par action en EUR |  | 8 937.87 |  |
| Prix d’émission et de rachat par action en EUR 2 |  | 8 937.87 |  |
| 1  Première VNI 3.2.2022 2  Voir note 1 3  Première VNI 27.10.2021 |  |  |  |
| Performance |  |  |  |
|  |  | Devise | 2021/2022 |
| Catégorie P-acc 1 |  | EUR | - |
| Catégorie Q-acc 1 |  | EUR | - |
| Catégorie U-X-acc 1 |  | EUR | - |
| 1  Aucune donnée n’est disponible pour calculer la performance du | fonds vu son lancement récent. |  |  |

La performance historique n’est pas un indicateur de la performance actuelle ou future.
Les données de performance ne tiennent pas compte des commissions et des frais prélevés lors de l’émission et du rachat des actions. Les données de performance ne sont pas auditées.
Le compartiment n’a pas d’indice de référence.
UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022

## Rapport du Gestionnaire de portefeuille
Au cours de l’exercice, du 1
er 
juin 2021 au 31 mai 2022, le marché obligataire Green Social and Sustainable (à voca- tion environnementale, sociale et durable) a enregistré une performance négative.
Les composantes clés du marché, le marché obligataire en EUR et en USD, sont les suivantes:
Le marché obligataire à vocation environnementale, sociale et durable en euros a enregistré une performance néga- tive. L’escalade de la situation géopolitique entre la Rus- sie et l’Ukraine, les déclarations restrictives de la banque centrale principalement en raison de taux d’inflation plus élevés et de craintes de croissance ont eu un effet négatif sur les taux et les spreads. En fonction de la situation éco- nomique et géopolitique, les rendements peuvent encore augmenter, quelle que soit l’évolution de la situation.

## Structure du portefeuille-titres
Répartition géographique en % de l’actif net	
| Etats-Unis | 27.55 |
| --- | --- |
| France | 13.85 |
| Pays-Bas | 11.84 |
| Allemagne | 8.37 |
| Espagne | 5.15 |
| Italie | 4.66 |
| Grande-Bretagne | 3.50 |
| Luxembourg | 2.84 |
| Corée du Sud | 2.44 |
| Australie | 1.98 |
| Canada | 1.67 |
| Suède | 1.40 |
| Belgique | 1.32 |
| Finlande | 1.06 |
| Supranationaux | 1.02 |
| Liechtenstein | 0.97 |
| Pologne | 0.90 |
| Philippines | 0.80 |
| Chine | 0.77 |
| Suisse | 0.73 |
| Chili | 0.60 |
| Danemark | 0.60 |
| Japon | 0.55 |
| Autriche | 0.53 |
| Irlande | 0.45 |
| Ile Maurice | 0.31 |
| Inde | 0.20 |
| Singapour | 0.19 |
| Mexique | 0.18 |
| Portugal | 0.11 |
| Norvège | 0.10 |
| Indonésie | 0.10 |
| Total | 96.74 |

Répartition économique en % de l’actif net	
| Banques & instituts de crédit | 28.74 |
| --- | --- |
| Distribution d’énergie & d’eau | 14.47 |
| Etablissements financiers et sociétés de participation | 12.32 |
| Gouvernements nationaux et centraux | 9.25 |
| Organisations supranationales | 9.21 |
| Immobilier | 4.27 |
| Sociétés publiques | 3.87 |
| Télécommunications | 2.72 |
| Appareils et composants électriques | 2.18 |
| Assurances | 1.64 |
| Internet, logiciels et services informatiques | 0.97 |
| Equipement informatique et de réseau | 0.89 |
| Véhicules | 0.83 |
| Pétrole | 0.81 |
| Bâtiment et matériaux de construction | 0.69 |
| Trafic et transport | 0.66 |
| Sylviculture; bois et papier | 0.54 |
| Cantons, Etats fédéraux | 0.52 |
| Chimie | 0.44 |
| Biens de consommation divers | 0.39 |
| Restauration et loisirs | 0.33 |
| Services divers | 0.32 |
| Soins de santé & services sociaux | 0.27 |
| Produits pharmaceutiques, cosmétiques & médicaux | 0.27 |
| Electronique et semi-conducteurs | 0.14 |
| Total | 96.74 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022

## Etat des actifs nets
Actif	31.5.2022
EUR
Portefeuille-titres, cours d’achat	938 491 539.47
| Portefeuille-titres, plus- (moins-) value non-réalisée | 	-83 048 388.26	 |
| --- | --- |
| Total portefeuille-titres (note 1) | 855 443 151.21 |
| Avoirs en banque, dépôts à vue et à terme | 31 290 403.10 |
| A recevoir sur ventes de titres (note 1) | 1 833.62 |
| Intérêts à recevoir sur titres | 4 256 624.45 |
| Frais payés d’avance | 31 369.44 |
| Bénéfice non réalisé sur contrats financiers à terme (note 1) | 1 400 000.00 |
| Bénéfice non réalisé sur contrats de change à terme (note 1) | 7 602 225.22 |
| Total Actif | 900 025 607.04 |
|  |  |
| Passif |  |
| Autres engagements à court terme (marges) | -943 746.20 |
| A payer sur rachats | -14 751 104.04 |
| Provisions pour commission de gestion forfaitaire (note 2) | -13.11 |
| Provisions pour taxe d’abonnement (note 3) | -14 819.85 |
| Provisions pour autres commissions et frais (note 2) | 	-56 395.05	 |
| Total des Provisions pour frais | -71 228.01 |
| Total Passif | -15 766 078.25 |
|  |  |
| Actifs nets à la fin de la période | 884 259 528.79 |
| Etat des opérations | EUR |
| Revenus | 27.10.2021-31.5.2022 |
| Revenus d’intérêts sur liquidités | 660.94 |
| Intérêts sur titres | 6 404 510.26 |
| Revenus nets sur prêts de titres (note 17) | 75 936.69 |
| Autres revenus (note 4) | 2 467 931.55 |
| Total des Revenus | 8 949 039.44 |
|  |  |
| Charges |  |
| Commission de gestion forfaitaire (note 2) | -27.33 |
| Taxe d’abonnement (note 3) | -57 855.37 |
| Autres commissions et frais (note 2) | -56 395.05 |
| Charges d’intérêts sur liquidités et crédit en compte courant | -144 513.24 |
| Total des Charges | -258 790.99 |
|  |  |
| Revenus (Pertes) net(te)s des investissements | 8 690 248.45 |
|  |  |
| Bénéfices (pertes) réalisé(e)s (note 1) |  |
| Bénéfice (perte) réalisé(e) sur titres évalués à la valeur de marché hors options | -1 284 962.10 |
| Bénéfice (perte) réalisé(e) sur instruments du marché monétaire et titres évalués en fonction des rendements | 1 026.62 |
| Bénéfice (perte) réalisé(e) sur contrats financiers à terme | 188 393.00 |
| Bénéfice (perte) réalisé(e) sur contrats de change à terme | -39 069 318.97 |
| Bénéfice (perte) réalisé(e) de change réalisé(e) | -1 170 704.75 |
| Total des Bénéfices (pertes) réalisé(e)s | -41 335 566.20 |
|  |  |
| Bénéfice (perte) net(te) réalisé(e) au cours de la période | -32 645 317.75 |
|  |  |
| Variations des plus- (moins-) values non-réalisées (note 1) |  |
| Plus- (Moins-) value non réalisée sur titres évalués à la valeur de marché hors options | -83 055 453.41 |
| Plus- (Moins-) value non réalisée sur instruments du marché monétaire et titres évalués en fonction des rendements	7 065.15 |
| Plus- (Moins-) value non réalisée sur contrats financiers à terme | 1 400 000.00 |
| Plus- (Moins-) value non réalisée sur contrats de change à terme | 7 602 225.22 |
| Total des Variations des plus- (moins-) values non-réalisées | -74 046 163.04 |
|  |  |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -106 691 480.79 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022
| Variations de l’actif net |  |
| --- | --- |
|  | EUR |
|  | 27.10.2021-31.5.2022 |
| Actif net au début de la période | 0.00 |
| Souscriptions | 1 058 856 799.89 |
| Rachats | 	-67 905 790.31	 |
| Souscriptions (Rachats) net(te)s | 990 951 009.58 |
| Revenus (Pertes) net(te)s des investissements | 8 690 248.45 |
| Total des Bénéfices (pertes) réalisé(e)s | -41 335 566.20 |
| Total des Variations des plus- (moins-) values non-réalisées | 	-74 046 163.04	 |
| Augmentation/(diminution) nette de l’actif net issue de l’activité | -106 691 480.79 |
| Actifs nets à la fin de la période | 884 259 528.79 |
| Evolution des actions en circulation |  |
|  | 27.10.2021-31.5.2022 |
| Catégorie | P-acc |
| Nombre d’actions en circulation au début de la période | 0.0000 |
| Nombre d’actions émises | 100.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 100.0000 |
| Catégorie | Q-acc |
| Nombre d’actions en circulation au début de la période | 0.0000 |
| Nombre d’actions émises | 100.0000 |
| Nombre d’actions rachetées | 0.0000 |
| Nombre d’actions en circulation à la fin de la période | 100.0000 |
| Catégorie | U-X-acc |
| Nombre d’actions en circulation au début de la période | 0.0000 |
| Nombre d’actions émises | 106 121.0000 |
| Nombre d’actions rachetées | -7 189.0000 |
| Nombre d’actions en circulation à la fin de la période | 98 932.0000 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022

## Etat du portefeuille-titres et autres actifs nets au 31 mai 2022
| Dénomination | Nombre/ | Evaluation en EUR | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| Titres et instruments du marché monétaire négociés sur une bourse officielle |  |  |  |
| Billets, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	APPLE INC 0.50000% 19-15.11.31 | 3 300 000.00 | 2 867 541.60 | 0.32 |
| EUR	DIGITAL DUTCH FINCO BV-REG-S 1.50000% 20-15.03.30 | 3 500 000.00 | 2 975 301.00 | 0.34 |
| EUR	MEXICO, UNITED STATES OF 2.25000% 21-12.08.36 | 2 000 000.00 | 1 559 125.01 | 0.18 |
| EUR	NATIONAL GRID ELECTRICITY TRANS-REG-S 0.19000% 20-20.01.25 | 1 500 000.00 | 1 438 461.00 | 0.16 |
| EUR	SWISS LIFE FINANCE I LTD-REG-S 0.50000% 21-15.09.31 | 10 500 000.00 | 8 547 771.01 | 0.97 |
| EUR	SWISSCOM FINANCE BV-REG-S 0.37500% 20-14.11.28 | 1 000 000.00 | 907 380.00 | 0.10 |
| Total EUR |  | 18 295 579.62 | 2.07 |
| USD |  |  |  |
| USD	ALEXANDRIA REAL ESTATE EQUITIES INC 3.80000% 19-15.04.26 | 2 000 000.00 | 1 852 191.16 | 0.21 |
| USD	ALIBABA GROUP HOLDING LTD 2.70000% 21-09.02.41 | 1 000 000.00 | 644 331.38 | 0.07 |
| USD	ALPHABET INC 1.10000% 20-15.08.30 | 1 000 000.00 | 784 512.60 | 0.09 |
| USD	ALPHABET INC 2.05000% 20-15.08.50 | 5 000 000.00 | 3 272 708.89 | 0.37 |
| USD	ANALOG DEVICES INC 1.70000% 21-01.10.28 | 1 500 000.00 | 1 248 095.30 | 0.14 |
| USD	APPLE INC 2.85000% 16-23.02.23 | 4 500 000.00 | 4 224 917.07 | 0.48 |
| USD	ARIZONA PUBLIC SERVICE CO 2.65000% 20-15.09.50 | 1 000 000.00 | 626 493.11 | 0.07 |
| USD	ASIAN INFRAS INVEST BANK/THE 0.50000% 21-30.10.24 | 10 000 000.00 | 8 825 030.48 | 1.00 |
| USD	AVALONBAY COMMUNITIES INC 1.90000% 21-01.12.28 | 500 000.00 | 415 907.94 | 0.05 |
| USD	AVANGRID INC 3.80000% 19-01.06.29 | 7 000 000.00 | 6 335 758.19 | 0.72 |
| USD	BANK OF NOVA SCOTIA 2.37500% 19-18.01.23 | 2 000 000.00 | 1 868 924.23 | 0.21 |
| USD	BANK OF NOVA SCOTIA/THE 0.65000% 21-31.07.24 | 3 000 000.00 | 2 645 921.73 | 0.30 |
| USD	BOSTON PROPERTIES LP 4.50000% 18-01.12.28 | 6 000 000.00 | 5 633 125.75 | 0.64 |
| USD	BROOKFIELD FINANCE INC 2.72400% 21-15.04.31 | 1 500 000.00 | 1 215 993.60 | 0.14 |
| USD	CAISSE D’AMORTISSEMENT DE LA-REG-S 0.62500% 21-18.02.26 | 24 500 000.00 | 20 974 337.36 | 2.37 |
| USD	CHILE, REPUBLIC OF 3.50000% 19-25.01.50 | 7 000 000.00 | 5 316 569.43 | 0.60 |
| USD	DOMINION ENERGY INC 2.25000% 21-15.08.31 | 2 000 000.00 | 1 578 703.05 | 0.18 |
| USD	DUKE REALTY LP 1.75000% 21-01.02.31 | 2 200 000.00 | 1 688 017.63 | 0.19 |
| USD	EQUINIX INC 1.00000% 20-15.09.25 | 3 000 000.00 | 2 551 726.35 | 0.29 |
| USD	EQUINIX INC 1.55000% 20-15.03.28 | 5 000 000.00 | 4 009 832.40 | 0.45 |
| USD	ERP OPERATING LP 1.85000% 21-01.08.31 | 500 000.00 | 393 449.32 | 0.04 |
| USD	EXPORT-IMPORT BANK OF KOREA 2.12500% 22-18.01.32 | 3 000 000.00 | 2 424 924.15 | 0.27 |
| USD	FORD MOTOR CO 3.25000% 21-12.02.32 | 900 000.00 | 710 212.37 | 0.08 |
| USD	GEORGIA POWER CO 3.25000% 21-15.03.51 | 3 000 000.00 | 2 182 859.73 | 0.25 |
| USD	HEALTHPEAK PROPERTIES INC 1.35000% 21-01.02.27 | 2 500 000.00 | 2 089 068.78 | 0.24 |
| USD	HOST HOTELS & RESORTS LP 3.37500% 19-15.12.29 | 3 500 000.00 | 2 936 236.18 | 0.33 |
| USD	HP INC 2.65000% 22-17.06.31 | 1 000 000.00 | 779 166.74 | 0.09 |
| USD	INTERNATIONAL BK FOR RECONST& DEVELOP 1.62500% 21-03.11.31 | 30 000 000.00 | 24 652 960.19 | 2.79 |
| USD	INTERSTATE POWER & LIGHT CO 4.10000% 18-26.09.28 | 1 000 000.00 | 951 094.63 | 0.11 |
| USD	JOHNSON CONTROLS INTERNATIONAL PLC 2.00000% 21-16.09.31 | 4 000 000.00 | 3 080 536.65 | 0.35 |
| USD	KAISER FOUNDATION HOSPITALS 3.15000% 17-01.05.27 | 1 000 000.00 | 912 355.26 | 0.10 |
| USD	KILROY REALTY LP 2.65000% 21-15.11.33 | 2 000 000.00 | 1 496 600.77 | 0.17 |
| USD	KOREA WATER RESOURCES CORP-REG-S 3.50000% 22-27.04.25 | 590 000.00 | 553 490.22 | 0.06 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 17-29.09.22 | 4 000 000.00 | 3 739 088.02 | 0.42 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 1.00000% 21-01.10.26 | 7 000 000.00 | 6 030 616.34 | 0.68 |
| USD	MASTERCARD INC 1.90000% 21-15.03.31 | 3 000 000.00 | 2 450 596.93 | 0.28 |
| USD	MITSUBISHI UFJ FINANCIAL GROUP INC 2.52700% 16-13.09.23 | 4 000 000.00 | 3 719 763.27 | 0.42 |
| USD	NEXTERA ENERGY 1.90000% 21-15.06.28 | 5 400 000.00 | 4 497 062.28 | 0.51 |
| USD	NSTAR ELECTRIC CO 3.25000% 19-15.05.29 | 5 500 000.00 | 4 909 100.53 | 0.56 |
| USD	OWENS CORNING 3.95000% 19-15.08.29 | 1 500 000.00 | 1 342 603.63 | 0.15 |
| USD	PFIZER INC 1.75000% 21-18.08.31 | 3 000 000.00 | 2 390 157.39 | 0.27 |
| USD	PNC FINANCIAL SERVICS GROUP 2.20000% 19-01.11.24 | 4 000 000.00 | 3 665 810.97 | 0.41 |
| USD	PROLOGIS LP 1.25000% 20-15.10.30 | 5 500 000.00 | 4 148 344.85 | 0.47 |
| USD	SALESFORCE.COM INC 1.50000% 21-15.07.28 | 4 500 000.00 | 3 751 556.18 | 0.42 |
| USD	STATE BANK OF INDIA LONDON-REG-S 4.50000% 18-28.09.23 | 3 830 000.00 | 3 620 596.88 | 0.41 |
| USD	SUMITOMO MITSUI FINANCIAL GROUP INC 0.50800% 21-12.01.24 | 1 300 000.00 | 1 165 793.53 | 0.13 |
| USD	SWEDBANK AB-144A 1.53800% 21-16.11.26 | 3 000 000.00 | 2 557 523.85 | 0.29 |
| USD	TENNESSEE VALLEY AUTHORITY 1.50000% 21-15.09.31 | 5 991 000.00 | 4 788 514.68 | 0.54 |
| USD	VERIZON COMMUNICATIONS INC 3.87500% 19-08.02.29 | 1 000 000.00 | 930 184.37 | 0.11 |
| USD	VERIZON COMMUNICATIONS INC 2.85000% 21-03.09.41 | 6 000 000.00 | 4 438 448.54 | 0.50 |
| USD	WELLTOWER INC 2.70000% 19-15.02.27 | 1 500 000.00 | 1 329 170.96 | 0.15 |
| USD	WOORI BANK -REG-S 0.75000% 21-01.02.26 | 4 750 000.00 | 3 995 719.96 | 0.45 |
| Total USD |  | 182 346 705.80 | 20.62 |
| Total des Billets, taux fixe |  | 200 642 285.42 | 22.69 |
| Billets, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	AUSTRALIA & NZ BANKING GRP-REG-S-SUB 1.125%/VAR 19-21.11.29 | 6 000 000.00 | 5 755 860.00 | 0.65 |
| EUR	BAYERISCHE LANDESBANK-REG-S-SUB 1.000%/VAR 21-23.09.31 | 5 000 000.00 | 4 479 450.00 | 0.51 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 1.825%/VAR 21-PRP | 2 000 000.00 | 1 647 600.00 | 0.18 |
| EUR	MUENCHENR RUECKVR AG-REG-S-SUB 1.250%VAR 20-26.05.41 | 5 000 000.00 | 4 059 600.00 | 0.46 |
| EUR	ORSTED A/S-REG-S-SUB 1.500%/VAR 21-18.02.3021 | 6 600 000.00 | 5 308 710.00 | 0.60 |
| EUR	RAIFFEISEN BANK INTL AG-REG-S-SUB 1.375%/VAR 21-17.06.33 | 6 000 000.00 | 4 664 784.00 | 0.53 |
| EUR	TELEFONICA EUROPE BV-REG-S-SUB 2.880%/VAR 21-PRP | 5 000 000.00 | 4 409 270.00 | 0.50 |
| EUR	WESTPAC BANKING CORP-REG-SUB 0.766%/VAR 21-13.05.31 | 1 088 000.00 | 987 723.71 | 0.11 |
| Total EUR |  | 31 312 997.71 | 3.54 |
| USD |  |  |  |
| USD	CITIGROUP INC 1.281%/VAR 21-03.11.25 | 4 000 000.00 | 3 517 087.85 | 0.40 |
| USD	CITIGROUP INC 1.678%/VAR 20-15.05.24 | 3 000 000.00 | 2 763 816.96 | 0.31 |
| USD	JPMORGAN CHASE & CO 0.653%/VAR 20-16.09.24 | 1 000 000.00 | 903 533.79 | 0.10 |
| USD	JPMORGAN CHASE & CO 0.768%/VAR 21-09.08.25 | 5 000 000.00 | 4 388 795.66 | 0.50 |
| Total USD |  | 11 573 234.26 | 1.31 |
| Total des Billets, taux variable |  | 42 886 231.97 | 4.85 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022
| Dénomination | Nombre/ | Evaluation en EUR | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| Medium-Term Notes, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	LENDLEASE FINANCE LTD-REG-S 3.40000% 20-27.10.27 | 1 500 000.00 | 913 353.12 | 0.10 |
| Total AUD |  | 913 353.12 | 0.10 |
| EUR |  |  |  |
| EUR	ABN AMRO BANK NV-REG-S 0.50000% 21-23.09.29 | 2 000 000.00 | 1 703 240.00 | 0.19 |
| EUR	AIR LIQUIDE FINANCE-REG-S 0.37500% 21-27.05.31 | 2 000 000.00 | 1 722 824.00 | 0.20 |
| EUR	ALLIANDER NV-REG-S 0.37500% 20-10.06.30 | 5 500 000.00 | 4 781 238.00 | 0.54 |
| EUR	ARKEMA SA-REG-S 0.12500% 20-14.10.26 | 1 000 000.00 | 928 146.00 | 0.11 |
| EUR	ASSICURAZIONI GENERALI SPA-REG-S-SUB 2.42900% 20-14.07.31 | 2 500 000.00 | 2 171 875.00 | 0.25 |
| EUR	BANCA INTESA SPA-REG-S 0.75000% 21-16.03.28 | 10 000 000.00 | 8 849 832.80 | 1.00 |
| EUR	BANCO BILBAO VIZCAYA ARGENTARIA-REG-S 1.00000% 19-21.06.26 | 10 000 000.00 | 9 578 800.00 | 1.08 |
| EUR	BANCO SANTANDER SA-REG-S 0.30000% 19-04.10.26 | 7 000 000.00 | 6 488 692.00 | 0.73 |
| EUR	BANCO SANTANDER SA-REG-S 1.12500% 20-23.06.27 | 3 500 000.00 | 3 274 803.00 | 0.37 |
| EUR	BERLIN HYP AG-REG-S 0.50000% 19-05.11.29 | 4 000 000.00 | 3 508 753.27 | 0.40 |
| EUR	BNG BANK NV-REG-S 0.12500% 21-19.04.33 | 8 000 000.00 | 6 661 040.00 | 0.75 |
| EUR	CPI PROPERTY GROUP SA-REG-S 1.62500% 19-23.04.27 | 6 000 000.00 | 5 099 250.00 | 0.58 |
| EUR	CREDIT AGRICOLE SA 0.12500% 20-09.12.27 | 3 000 000.00 | 2 625 432.00 | 0.30 |
| EUR	CREDIT AGRICOLE SA-REG-S 0.37500% 19-21.10.25 | 3 500 000.00 | 3 325 315.00 | 0.38 |
| EUR	CREDIT SUISSE AG/LONDON-REG-S 0.45000% 20-19.05.25 | 5 000 000.00 | 4 757 770.00 | 0.54 |
| EUR	CTP BV-REG-S 2.12500% 20-01.10.25 | 5 000 000.00 | 4 653 230.00 | 0.53 |
| EUR	CTP NV-REG-S 0.62500% 21-27.09.26 | 500 000.00 | 418 890.00 | 0.05 |
| EUR	CTP NV-REG-S 1.25000% 21-21.06.29 | 3 000 000.00 | 2 292 990.00 | 0.26 |
| EUR	DAIMLER AG-REG-S 0.75000% 20-10.09.30 | 6 500 000.00 | 5 768 997.00 | 0.65 |
| EUR	DAIMLER AG-REG-S 0.75000% 21-11.03.33 | 1 000 000.00 | 828 440.00 | 0.09 |
| EUR	E.ON INTERNATIONAL FINANCE BV-REG-S 1.25000% 17-19.10.27 | 1 500 000.00 | 1 433 760.00 | 0.16 |
| EUR	E.ON SE-REG-S 0.37500% 20-29.09.27 | 1 500 000.00 | 1 369 536.00 | 0.16 |
| EUR	E.ON SE-REG-S 0.87500% 22-18.10.34 | 2 000 000.00 | 1 606 945.62 | 0.18 |
| EUR	EDP FINANCE BV-REG-S 1.87500% 18-13.10.25 | 1 000 000.00 | 1 003 326.00 | 0.11 |
| EUR	EDP FINANCE BV-REG-S 0.37500% 19-16.09.26 | 9 500 000.00 | 8 870 450.77 | 1.00 |
| EUR	EDP FINANCE BV-REG-S 1.87500% 22-21.09.29 | 1 000 000.00 | 949 228.00 | 0.11 |
| EUR	ELECTRICIDADE DE PORTUGAL SA-REG-S 1.62500% 20-15.04.27 | 1 000 000.00 | 972 686.00 | 0.11 |
| EUR	ELECTRICITE DE FRANCE-REG-S 1.00000% 16-13.10.26 | 8 000 000.00 | 7 694 480.00 | 0.87 |
| EUR	ELECTRICITE DE FRANCE SA-REG-S 1.00000% 21-29.11.33 | 3 000 000.00 | 2 400 036.00 | 0.27 |
| EUR	ENEL FINANCE INTERNATIONAL NV-REG-S 1.12500% 18-16.09.26 | 6 500 000.00 | 6 278 675.00 | 0.71 |
| EUR	ENGIE SA-REG-S 1.00000% 21-26.10.36 | 11 500 000.00 | 8 544 500.00 | 0.97 |
| EUR	ENGIE SA-REG-S 2.37500% 14-19.05.26 | 4 500 000.00 | 4 581 666.00 | 0.52 |
| EUR	ERG SPA-REG-S 0.50000% 20-11.09.27 | 8 000 000.00 | 7 165 248.00 | 0.81 |
| EUR	EUROGRID GMBH-REG-S 1.11300% 20-15.05.32 | 2 500 000.00 | 2 159 790.00 | 0.24 |
| EUR	EUROPEAN INVESTMENT BANK-REG-S 0.37500% 18-15.05.26 | 500 000.00 | 485 690.00 | 0.06 |
| EUR	FERROVIE DELLO STATO-REG-S 1.12500% 19-09.07.26 | 500 000.00 | 479 291.00 | 0.05 |
| EUR	FERROVIE DELLO STATO-REG-S 0.37500% 21-25.03.28 | 6 000 000.00 | 5 346 420.00 | 0.60 |
| EUR	GECINA SA-REG-S 1.62500% 19-29.05.34 | 5 000 000.00 | 4 321 420.00 | 0.49 |
| EUR	IBERDROLA FINANZAS SA-REG-S 1.25000% 18-28.10.26 | 3 000 000.00 | 2 953 422.00 | 0.33 |
| EUR	ING GROEP NV-REG-S 2.50000% 18-15.11.30 | 2 000 000.00 | 1 965 740.00 | 0.22 |
| EUR	INTESA SANPAOLO SPA-REG-S 0.75000% 19-04.12.24 | 500 000.00 | 488 014.00 | 0.06 |
| EUR	KONINKLIJKE KPN NV-REG-S 0.87500% 21-15.11.33 | 9 000 000.00 | 7 288 452.00 | 0.82 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU-REG-S 0.01000% 19-05.05.27 | 500 000.00 | 471 688.00 | 0.05 |
| EUR	LA BANQUE POSTALE-REG-S 0.75000% 21-23.06.31 | 4 500 000.00 | 3 688 601.12 | 0.42 |
| EUR	LANDESBANK BADEN-WUERTTEMBERG REG S-0.37500% 21-21.02.31 | 3 000 000.00 | 2 417 502.00 | 0.27 |
| EUR	LOGICOR FINANCING SARL-REG-S 2.00000% 22-17.01.34 | 3 000 000.00 | 2 332 200.00 | 0.26 |
| EUR	NATIONAL GRID TRANSCO PLC-REG-S 0.25000% 21-01.09.28 | 4 000 000.00 | 3 461 200.00 | 0.39 |
| EUR	NEDERLANDSE WATERSCHAPSBANK NV-REG-S 1.00000% 15-03.09.25 | 3 000 000.00 | 2 981 004.00 | 0.34 |
| EUR	NORDEA BANK ABP-REG-S 0.50000% 21-19.03.31 | 500 000.00 | 416 982.00 | 0.05 |
| EUR	ORANGE SA-REG-S 0.12500% 20-16.09.29 | 3 000 000.00 | 2 578 566.00 | 0.29 |
| EUR	P3 GROUP SARL-REG-S 0.87500% 22-26.01.26 | 2 000 000.00 | 1 767 936.54 | 0.20 |
| EUR	POLAND, REPUBLIC OF-REG-S 1.00000% 19-07.03.29 | 3 000 000.00 | 2 755 875.00 | 0.31 |
| EUR	RED ELECTRICA FINANCIACIONES SAU-REG-S 0.37500% 20-24.07.28 | 8 000 000.00 | 7 357 376.00 | 0.83 |
| EUR	ROYAL SCHIPHOL GROUP NV-REG-S 2.00000% 20-06.04.29 | 1 500 000.00 | 1 482 006.00 | 0.17 |
| EUR	RTE RESEAU DE TRANS D’ELECTRIC-REG-S 0.75000% 22-12.01.34 | 3 000 000.00 | 2 493 666.24 | 0.28 |
| EUR	RWE AG-REG-S 0.50000% 21-26.11.28 | 1 000 000.00 | 873 100.00 | 0.10 |
| EUR	SBB TREASURY OYJ-REG-S 0.75000% 20-14.12.28 | 3 000 000.00 | 2 115 370.80 | 0.24 |
| EUR	SBB TREASURY OYJ-REG-S 1.12500% 21-26.11.29 | 3 000 000.00 | 2 052 417.30 | 0.23 |
| EUR	SNAM SPA-REG-S 0.62500% 21-30.06.31 | 3 000 000.00 | 2 462 982.00 | 0.28 |
| EUR	SSE PLC-REG-S 0.87500% 17-06.09.25 | 2 500 000.00 | 2 422 060.00 | 0.27 |
| EUR	SSE PLC-REG-S 1.37500% 18-04.09.27 | 3 000 000.00 | 2 870 964.00 | 0.33 |
| EUR	SVENSKA HANDELSBANKEN AB-REG-S 0.01000% 20-02.12.27 | 500 000.00 | 442 864.00 | 0.05 |
| EUR	TELEFONICA EMISIONES SA-REG-S 1.06900% 19-05.02.24 | 2 500 000.00 | 2 503 765.00 | 0.28 |
| EUR	TENNET HOLDING BV-REG-S 2.00000% 18-05.06.34 | 500 000.00 | 461 422.00 | 0.05 |
| EUR	TERNA-TRASMISSIONE ELETTRICITA-REG-S 0.37500% 21-23.06.29 | 6 000 000.00 | 5 219 844.47 | 0.59 |
| EUR	TOYOTA FINANCE AUSTRALIA LTD-REG-S 2.28000% 20-21.10.27 | 6 000 000.00 | 6 042 888.00 | 0.68 |
| EUR	UBS AG LONDON BRANCH-REG-S 0.01000% 21-29.06.26 | 7 000 000.00 | 6 457 570.00 | 0.73 |
| EUR	UNIBAIL-RODAMCO SE-REG-S 2.50000% 14-26.02.24 | 500 000.00 | 504 685.00 | 0.06 |
| EUR	UNIBAIL-RODAMCO SE-REG-S 1.00000% 15-14.03.25 | 1 000 000.00 | 962 410.44 | 0.11 |
| EUR	UPM-KYMMENE CORP-REG-S 0.50000% 21-22.03.31 | 4 000 000.00 | 3 247 443.28 | 0.37 |
| EUR	UPM-KYMMENE OYJ-REG-S 0.12500% 20-19.11.28 | 1 800 000.00 | 1 556 100.00 | 0.18 |
| EUR	VATTENFALL AB-REG-S 0.05000% 20-15.10.25 | 4 600 000.00 | 4 347 846.40 | 0.49 |
| EUR	VODAFONE GROUP PLC-REG-S 0.90000% 19-24.11.26 | 2 000 000.00 | 1 917 645.12 | 0.22 |
| Total EUR |  | 238 464 315.17 | 26.97 |
| USD |  |  |  |
| USD	AGRICULTURAL BANK OF CHINA/NY-REG-S 2.00000% 22-18.01.27 | 1 635 000.00 | 1 425 628.41 | 0.16 |
| USD	ASIAN DEVELOPMENT BANK 2.37500% 17-10.08.27 | 6 000 000.00 | 5 447 359.59 | 0.62 |
| USD	BANK MANDIRI PERSERO TBK PT-REG-S 2.00000% 21-19.04.26 | 1 000 000.00 | 856 578.77 | 0.10 |
| USD	BANK OF CHINA LTD/PARIS 0.95000% 20-21.09.23 | 5 000 000.00 | 4 550 291.72 | 0.52 |
| USD	BANK OF THE PHILIPPINE ISLANDS-REG-S 2.50000% 19-10.09.24 | 1 756 000.00 | 1 604 168.49 | 0.18 |
| USD	CDP FINANCIAL INC-REG-S 1.00000% 21-26.05.26 | 7 000 000.00 | 6 061 231.69 | 0.69 |
| USD	CHINA CONSTRUCTION BANK CORP/HK-REG-S 1.00000% 20-04.08.23 | 3 000 000.00 | 2 739 024.51 | 0.31 |
| USD	CHINA DEVELOPMENT BANK-REG-S 2.75000% 17-16.11.22 | 2 111 000.00 | 1 971 127.16 | 0.22 |
| USD	EUROPEAN BANK FOR RECONSTR & DEVT 1.50000% 20-13.02.25 | 2 766 000.00 | 2 495 145.22 | 0.28 |
| USD	HENKEL AG & CO KGAA-REG-S 1.75000% 21-17.11.26 | 4 000 000.00 | 3 464 922.28 | 0.39 |
| USD	INTER-AMERICAN INVESTMENT CORP-REG-S 0.62500% 21-10.02.26 | 5 000 000.00 | 4 285 390.90 | 0.49 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 230 000.00 | 208 819.44 | 0.02 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022
|  | Dénomination | Nombre/ | Evaluation en EUR | en % |
| --- | --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
|  |  |  |  |  |
| USD | INTERNATIONAL FINANCE CORP 2.00000% 17-24.10.22 | 2 096 000.00 | 1 959 097.21 | 0.22 |
| USD | INTL BK FOR RECONSTR & DEVT WORLD BANK 2.12500% 15-03.03.25 | 12 698 000.00 | 11 651 269.93 | 1.32 |
| USD | JOHN DEERE CAPITAL CORP 3.35000% 22-18.04.29 | 5 080 000.00 | 4 636 826.15 | 0.52 |
| USD | KOMMUNALBANKEN AS-REG-S 2.12500% 15-11.02.25 | 1 000 000.00 | 916 406.06 | 0.10 |
| USD | KOREA WATER RESOURCES CORP-REG-S 3.87500% 18-15.05.23 | 500 000.00 | 471 458.57 | 0.05 |
| USD | NEDERLANDSE WATERSCHAPSBANK NV-REG-S 3.12500% 18-05.12.22 | 800 000.00 | 751 164.19 | 0.09 |
| USD | RURAL ELECTRIFICATION CORP LTD-REG-S 3.87500% 17-07.07.27 | 2 000 000.00 | 1 789 731.63 | 0.20 |
| USD | SHINHAN BANK CO LTD-REG-S-SUB 4.37500% 22-13.04.32 | 1 550 000.00 | 1 423 844.10 | 0.16 |
| Total USD |  |  | 58 709 486.02 | 6.64 |
| Total des Medium-Term Notes, taux fixe |  | 298 087 154.31 | 33.71 |
| Medium-Term Notes, coupon zéro |  |  |  |
| EUR |  |  |  |
| EUR	INSTITUTO DE CREDITO OFICIAL-REG-S 0.00000% 20-30.04.26 | 3 000 000.00 | 2 842 140.00 | 0.32 |
| EUR	INSTITUTO DE CREDITO OFICIAL 0.00000% 21-30.04.27 | 1 814 000.00 | 1 681 929.92 | 0.19 |
| EUR	KREDITANSTALT FUER WIEDERAUFBAU-REG-S 0.00000% 20-15.09.28 | 7 000 000.00 | 6 453 510.00 | 0.73 |
| EUR	NORTH RHIEN WESTPHALIA, STATE OF-REG-S 0.00000% 20-12.10.35 | 6 000 000.00 | 4 613 220.00 | 0.52 |
| EUR	VINCI SA-REG-S 0.00000% 20-27.11.28 | 1 000 000.00 | 878 626.00 | 0.10 |
| Total EUR |  | 16 469 425.92 | 1.86 |
| Total des Medium-Term Notes, coupon zéro |  | 16 469 425.92 | 1.86 |
| Medium-Term Notes, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	AIB GROUP PLC-REG-S 0.50000% 21-17.11.27 | 1 000 000.00 | 904 060.00 | 0.10 |
| EUR	AXA SA-REG-S-SUB 0.000%/VAR 21-07.10.41 | 4 500 000.00 | 3 651 210.00 | 0.41 |
| EUR	BNP PARIBAS SA-REG-S 0.500%/VAR 21-30.05.28 | 4 000 000.00 | 3 594 104.00 | 0.41 |
| EUR	CAIXABANK SA-REG-S 0.375%/VAR 20-18.11.26 | 1 500 000.00 | 1 397 067.00 | 0.16 |
| EUR	CAIXABANK SA-REG-S 0.750%/VAR 21-26.05.28 | 5 000 000.00 | 4 496 300.00 | 0.51 |
| EUR	CREDIT AGRICOLE SA-REG-S 0.500%/VAR 03-21.09.29 | 5 500 000.00 | 4 775 837.00 | 0.54 |
| EUR	DEUTSCHE BANK AG-REG-S 1.375%/VAR 20-10.06.26 | 5 500 000.00 | 5 402 166.00 | 0.61 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 2 000 000.00 | 1 992 860.00 | 0.23 |
| EUR	ING GROEP NV-REG-S-SUB 0.875%/VAR 21-09.06.32 | 6 500 000.00 | 5 718 830.00 | 0.65 |
| EUR	MBANK SA-REG-S 0.966%/VAR 21-21.09.27 | 6 000 000.00 | 5 151 750.00 | 0.58 |
| EUR	NATWEST GROUP PLC-REG-S 0.780%/VAR 21-26.02.30 | 5 000 000.00 | 4 266 740.00 | 0.48 |
| EUR	UNICREDIT SPA-REG-S 0.800%/VAR 21-05.07.29 | 8 000 000.00 | 6 903 712.00 | 0.78 |
| Total EUR |  | 48 254 636.00 | 5.46 |
| USD |  |  |  |
| USD	BANK OF AMERICA CORP 0.981%/VAR 20-25.09.25 | 9 000 000.00 | 7 880 708.16 | 0.89 |
| USD	MORGAN STANLEY 0.864%/VAR 20-21.10.25 | 3 000 000.00 | 2 622 084.18 | 0.30 |
| USD	UNITED OVERSEAS BANK LTD-REG-S-SUB 2.000%/VAR 21-14.10.31 | 2 000 000.00 | 1 710 564.30 | 0.19 |
| Total USD |  | 12 213 356.64 | 1.38 |
| Total des Medium-Term Notes, taux variable |  | 60 467 992.64 | 6.84 |
| Obligations, taux fixe |  |  |  |
| EUR |  |  |  |
| EUR	BELGIUM, KINGDOM OF-REG-S 1.25000% 18-22.04.33 | 3 000 000.00 | 2 884 044.00 | 0.33 |
| EUR	CZECH GAS NETWORKS INVESTMENTS SA-REG-S 0.45000% 21-08.09.29 | 1 000 000.00 | 720 316.00 | 0.08 |
| EUR	DIGITAL INTREPID HOLDING BV-REG-S 0.62500% 21-15.07.31 | 5 000 000.00 | 3 738 948.30 | 0.42 |
| EUR	FRANCE, REPUBLIC OF-OAT-144A-REG-S 1.75000% 17-25.06.39 | 7 500 000.00 | 7 320 315.00 | 0.83 |
| EUR	FRANCE,REPUBLIC OF-OAT-144A-REG-S 0.50000% 21-25.06.44 | 600 000.00 | 433 514.40 | 0.05 |
| EUR	HOLDING D’INFRASTRUCTURES-REG-S 0.62500% 21-16.09.28 | 3 000 000.00 | 2 521 336.35 | 0.28 |
| EUR	IMERYS SA-REG-S 1.00000% 21-15.07.31 | 5 000 000.00 | 3 912 000.00 | 0.44 |
| EUR	ITALIAN REPUBLIC-REG-S-144A 1.50000% 21-30.04.45 | 3 000 000.00 | 2 126 310.00 | 0.24 |
| EUR	LG CHEM LTD-REG-S 0.50000% 19-15.04.23 | 3 000 000.00 | 2 988 375.00 | 0.34 |
| EUR	RABOBANK NEDERLAND NV-REG-S 0.25000% 19-30.10.26 | 2 400 000.00 | 2 229 240.00 | 0.25 |
| EUR	SPAIN, KINGDOM OF-144A-REG-S 1.00000% 21-30.07.42 | 4 000 000.00 | 2 971 648.00 | 0.34 |
| Total EUR |  | 31 846 047.05 | 3.60 |
| GBP |  |  |  |
| GBP	DERWENT LONDON PLC-REG-S 1.87500% 21-17.11.31 | 1 655 000.00 | 1 648 718.70 | 0.19 |
| Total GBP |  | 1 648 718.70 | 0.19 |
| USD |  |  |  |
| USD	DUKE ENERGY CAROLINAS LLC 3.95000% 18-15.11.28 | 8 500 000.00 | 7 973 123.78 | 0.90 |
| USD	EUROPEAN BANK FOR RECONSTR & DEVT 1.62500% 19-27.09.24 | 2 290 000.00 | 2 084 791.35 | 0.23 |
| USD	EUROPEAN INVESTMENT BANK 2.50000% 14-15.10.24 | 1 210 000.00 | 1 124 048.01 | 0.13 |
| USD	EUROPEAN INVESTMENT BANK 0.75000% 20-23.09.30 | 12 000 000.00 | 9 389 975.64 | 1.06 |
| USD	GREENKO WIND PROJECTS MAURITIUS-REG-S 5.50000% 22-06.04.25 | 3 000 000.00 | 2 737 652.28 | 0.31 |
| USD	INDUSTRIAL BANK OF KOREA-REG-S 0.62500% 21-17.09.24 | 4 000 000.00 | 3 531 276.54 | 0.40 |
| USD	INTERSTATE POWER & LIGHT CO 3.50000% 19-30.09.49 | 1 500 000.00 | 1 142 300.35 | 0.13 |
| USD	KOMMUNINVEST I SVERIGE AB-REG-S 1.62500% 19-24.04.23 | 5 450 000.00 | 5 059 451.09 | 0.57 |
| USD	KOREA DEVELOPMENT BANK 0.40000% 21-19.06.24 | 7 000 000.00 | 6 196 788.80 | 0.70 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 0.75000% 20-30.09.30 | 1 500 000.00 | 1 173 648.25 | 0.13 |
| USD	MIDAMERICAN ENERGY CO 4.25000% 19-15.07.49 | 6 500 000.00 | 5 893 822.90 | 0.67 |
| USD	NATIONAL AUSTRALIA BANK LTD/NY 3.62500% 18-20.06.23 | 2 500 000.00 | 2 360 773.39 | 0.27 |
| USD	NEDERLANDSE WATERSCHAPSBANK NV-REG-S 2.37500% 16-24.03.26 | 6 000 000.00 | 5 489 973.61 | 0.62 |
| USD	NORTHERN STATES POWER CO 3.20000%21-01.04.52 | 6 200 000.00 | 4 773 097.14 | 0.54 |
| USD	SOUTHERN CALIFORNIA EDISON CO 3.65000% 21-01.06.51 | 2 000 000.00 | 1 491 373.74 | 0.17 |
| Total USD |  | 60 422 096.87 | 6.83 |
| Total des Obligations, taux fixe |  | 93 916 862.62 | 10.62 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022
| Dénomination | Nombre/ | Evaluation en EUR | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |

Obligations, coupon zéro
| EUR |  |
| --- | --- |
| EUR | CAISSE D’AMORTISSEMENT DE LA DETT-REG-S 0.00000% 20-25.11.30 | 5 500 000.00 | 4 764 617.00 | 0.54 |
| EUR | EUROPEAN UNION-REG-S 0.00000% 20-04.10.30 | 10 000 000.00 | 8 784 880.00 | 0.99 |
| EUR | GRAND-DUCHY OF LUXEMBOURG-REG-S 0.00000% 20-14.09.32 | 5 000 000.00 | 4 180 500.00 | 0.47 |
| Total EUR |  |  | 17 729 997.00 | 2.00 |
| Total des Obligations, coupon zéro |  | 17 729 997.00 | 2.00 |
| Obligations, taux variable |  |  |  |
| EUR |  |  |  |
| EUR	BNP PARIBAS SA-REG-S 0.500%/VAR 19-04.06.26 | 8 500 000.00 | 8 076 700.00 | 0.91 |
| EUR	ENBW ENERGIE BADEN-WUERTTEMBERG-REG-S 1.375%/VAR 21-31.08.81 | 13 500 000.00 | 10 967 535.00 | 1.24 |
| EUR	ENGIE SA-REG-S-SUB 3.250%/VAR 19-PRP | 3 000 000.00 | 2 977 308.00 | 0.34 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 1.875%/VAR 17-PRP | 3 500 000.00 | 3 503 241.00 | 0.40 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 1.450%/VAR 21-PRP | 12 000 000.00 | 10 695 000.00 | 1.21 |
| EUR	MUENCHENER RUECKVERSICHERUN-REG-S-SUB 1.000%/VAR 21-26.05.42 | 6 000 000.00 | 4 597 128.00 | 0.52 |
| EUR	SOCIETE GENERALE SA-REG-S 0.875%/VAR 20-22.09.28 | 8 500 000.00 | 7 696 937.00 | 0.87 |
| Total EUR |  | 48 513 849.00 | 5.49 |
| Total des Obligations, taux variable |  | 48 513 849.00 | 5.49 |
| Bons du Trésor à moyen terme, taux fixe |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 1.25000% 20-15.05.50 | 17 500 000.00 | 10 535 480.28 | 1.19 |
| USD	AMERICA, UNITED STATES OF 0.62500% 20-15.08.30 | 35 000 000.00 | 27 375 655.55 | 3.10 |
| USD	AMERICA, UNITED STATES OF 1.12500% 21-31.10.26 | 16 500 000.00 | 14 321 981.53 | 1.62 |
| Total USD |  | 52 233 117.36 | 5.91 |
| Total des Bons du Trésor à moyen terme, taux fixe |  | 52 233 117.36 | 5.91 |
| Total des Titres et instruments du marché monétaire négociés sur une bourse officielle |  | 830 946 916.24 | 93.97 |
| Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  |  |  |
| Billets, taux fixe |  |  |  |
| USD |  |  |  |
| USD	AUTODESK INC 2.40000% 21-15.12.31 | 1 000 000.00 | 793 659.91 | 0.09 |
| USD	CANADIAN IMPERIAL BANK OF COMMERCE 0.95000% 20-23.10.25 | 3 500 000.00 | 2 987 341.70 | 0.34 |
| USD	COOPERATIEVE RADOBANK UA-144A 1.00400% 20-24.09.26 | 6 000 000.00 | 5 087 134.71 | 0.58 |
| USD	METROPOLITAN LIFE GLOBAL FUNDING-144A 0.95000% 20-02.07.25 | 500 000.00 | 433 392.72 | 0.05 |
| USD	NXP BV / NXP FDNG LLC / NXP USA-144A 2.50000% 21-11.05.31 | 3 000 000.00 | 2 326 403.73 | 0.26 |
| USD	PUBLIC SERVICE CO OF OKLAHOMA 3.15000% 21-15.08.51 | 2 000 000.00 | 1 437 393.36 | 0.16 |
| Total USD |  | 13 065 326.13 | 1.48 |
| Total des Billets, taux fixe |  | 13 065 326.13 | 1.48 |
| Billets, taux variable |  |  |  |
| USD |  |  |  |
| USD	FIFTH THIRD BANCORP 1.707%/VAR 21-01.11.27 | 1 000 000.00 | 840 842.85 | 0.10 |
| Total USD |  | 840 842.85 | 0.10 |
| Total des Billets, taux variable |  | 840 842.85 | 0.10 |
| Medium-Term Notes, taux variable |  |  |  |
| USD |  |  |  |
| USD	BB&T CORP 1.267%/VAR 21-02.03.27 | 2 000 000.00 | 1 701 772.33 | 0.19 |
| Total USD |  | 1 701 772.33 | 0.19 |
| Total des Medium-Term Notes, taux variable |  | 1 701 772.33 | 0.19 |
| Obligations, taux fixe |  |  |  |
| USD |  |  |  |
| USD	NATIONAL RURAL UTILITIES COOPERATIVE 1.35000% 20-15.03.31 | 3 000 000.00 | 2 230 215.04 | 0.25 |
| Total USD |  | 2 230 215.04 | 0.25 |
| Total des Obligations, taux fixe |  | 2 230 215.04 | 0.25 |
| Total des Titres et instruments du marché monétaire négociés sur un autre marché réglementé |  | 17 838 156.35 | 2.02 |

Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé
| USD |  |
| --- | --- |
| USD | ONCOR ELECTRIC DELIVERY CO LLC 0.55000% 21-01.10.25 | 4 345 000.00 | 3 697 884.96 | 0.42 |
| Total USD |  |  | 3 697 884.96 | 0.42 |

Billets, taux fixe
Total des Billets, taux fixe	3 697 884.96	0.42
UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022
| Dénomination | Nombre/ | Evaluation en EUR | en % |
| --- | --- | --- | --- |
|  | Nominal | Bénéfice/(perte) non | de |
|  |  | réalisé(e) sur futures/ | l’actif |
|  |  | Contrats de | net |
|  |  | change à terme/ |  |
|  |  | Swaps (note 1) |  |
| Obligations, taux fixe |  |  |  |
| AUD |  |  |  |
| AUD	OPTUS FINANCE PTY-REG-S 2.60000% 21-24.11.28 | 2 500 000.00 | 1 472 501.08 | 0.16 |
| Total AUD |  | 1 472 501.08 | 0.16 |
| USD |  |  |  |
| USD	KAISER FOUNDATION HOSPITALS 2.81000% 21-01.06.41 | 2 000 000.00 | 1 487 692.58 | 0.17 |
| Total USD |  | 1 487 692.58 | 0.17 |
| Total des Obligations, taux fixe |  | 2 960 193.66 | 0.33 |
| Total des Titres et instruments du marché monétaire non négociés sur une bourse officielle ou un autre marché réglementé |  | 6 658 078.62 | 0.75 |
| Total du Portefeuille-titres |  | 855 443 151.21 | 96.74 |

| Instruments dérivés |  |
| --- | --- |
| Instruments dérivés négociés sur une bourse officielle Contrats financiers à terme sur obligations |
|  |  |  |  |
| EUR	EURO-BUND FUTURE 08.06.22 | -100.00 | 1 400 000.00 | 0.16 |
| Total des Contrats financiers à terme sur obligations |  | 1 400 000.00 | 0.16 |
| Total des Instruments dérivés négociés sur une bourse officielle |  | 1 400 000.00 | 0.16 |
| Total des Instruments dérivés |  | 1 400 000.00 | 0.16 |
| Contrats de change à terme Devise achetée/Montant acheté/Devise vendue/Montant vendu/Date de maturité |  |  |  |

| EUR | 2 719 408.34 | AUD | 4 030 000.00 | 6.6.2022 | 20 854.02 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 1 692 195.99 | GBP | 1 420 000.00 | 6.6.2022 | 21 683.20 | 0.00 |
| EUR | 417 478 919.93 | USD | 439 000 000.00 | 6.6.2022 | 7 696 731.36 | 0.87 |
| USD | 6 400 000.00 | EUR | 6 064 649.16 | 6.6.2022 | -90 603.59 | -0.01 |
| USD | 1 280 000.00 | EUR | 1 232 817.60 | 6.6.2022 | -38 008.49 | 0.00 |
| USD | 475 000.00 | EUR | 450 752.23 | 6.6.2022 | -7 366.04 | 0.00 |
| USD | 585 000.00 | EUR | 545 791.03 | 6.6.2022 | 274.07 | 0.00 |
| EUR | 1 666 405.17 | GBP | 1 420 000.00 | 6.7.2022 | -1 339.31 | 0.00 |
| Total des Contrats de change à terme | 7 602 225.22 | 0.86 |
|  |  |  |
| Avoirs en banque, dépôts à vue et à terme et autres liquidités | 31 290 403.10 | 3.54 |
| Crédit en compte courant et autres engagements à court terme | -943 746.20 | -0.11 |
| Autres actifs et passifs | -10 532 504.54 | -1.19 |
| Total de l’Actif net | 884 259 528.79 | 100.00 |

UBS (Lux) Bond SICAV – Green Social Sustainable Bonds (EUR) Rapport annuel et états financiers révisés au 31 mai 2022