# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Dynamic (USD)
| Three-year comparison |  |
| --- | --- |
|  | ISIN | 31.5.2020 | 31.5.2019 | 31.5.2018 |
| Net assets in USD |  | 490 288 568.55 | 531 905 248.10 | 449 170 847.39 |
| Class K-1-acc | LU1622991310 |  |  |  |
| Shares outstanding |  | 4.4000 | 2.1000 | 2.4000 |
| Net asset value per share in USD |  | 5 288 421.08 | 5 438 272.62 | 5 380 103.20 |
| Issue and redemption price per share in USD 1 |  | 5 288 421.08 | 5 438 272.62 | 5 387 097.33 |
| Class (EUR hedged) K-1-acc | LU1622991401 |  |  |  |
| Shares outstanding |  | 7.7000 | 11.3000 | 7.4000 |
| Net asset value per share in EUR |  | 2 909 247.15 | 3 061 446.40 | 3 118 040.35 |
| Issue and redemption price per share in EUR 1 |  | 2 909 247.15 | 3 061 446.40 | 3 122 093.80 |
| Class K-X-acc 2 | LU1807254237 |  |  |  |
| Shares outstanding |  | - | 115 000.0000 | - |
| Net asset value per share in USD |  | - | 99.56 | - |
| Issue and redemption price per share in USD 1 |  | - | 99.56 | - |
| Class P-4%-mdist | LU1599188155 |  |  |  |
| Shares outstanding |  | 198 346.4570 | 205 611.5260 | 250 358.7160 |
| Net asset value per share in USD |  | 93.44 | 100.48 | 103.98 |
| Issue and redemption price per share in USD 1 |  | 93.44 | 100.48 | 104.12 |
| Class P-acc | LU1599187934 |  |  |  |
| Shares outstanding |  | 1 456 136.2970 | 1 335 014.9300 | 1 224 045.5890 |
| Net asset value per share in USD |  | 104.88 | 108.42 | 107.83 |
| Issue and redemption price per share in USD 1 |  | 104.88 | 108.42 | 107.97 |
| Class (CHF hedged) P-acc | LU1599188239 |  |  |  |
| Shares outstanding |  | 440 693.3080 | 469 504.4440 | 327 402.6990 |
| Net asset value per share in CHF |  | 96.08 | 102.19 | 105.06 |
| Issue and redemption price per share in CHF 1 |  | 96.08 | 102.19 | 105.20 |
| Class (EUR hedged) P-acc | LU1599188403 |  |  |  |
| Shares outstanding |  | 411 392.3630 | 498 600.4010 | 520 493.7610 |
| Net asset value per share in EUR |  | 97.45 | 103.10 | 105.56 |
| Issue and redemption price per share in EUR 1 |  | 97.45 | 103.10 | 105.70 |
| Class (GBP hedged) P-acc | LU1616912678 |  |  |  |
| Shares outstanding |  | 24 783.9720 | 35 387.9960 | 38 566.8700 |
| Net asset value per share in GBP |  | 99.77 | 105.04 | 106.31 |
| Issue and redemption price per share in GBP 1 |  | 99.77 | 105.04 | 106.45 |
| Class (SGD hedged) P-acc | LU1599188668 |  |  |  |
| Shares outstanding |  | 133 829.7260 | 144 118.4140 | 132 224.5660 |
| Net asset value per share in SGD |  | 102.92 | 107.07 | 107.22 |
| Issue and redemption price per share in SGD 1 |  | 102.92 | 107.07 | 107.36 |
| Class Q-4%-mdist 3 | LU1898250995 |  |  |  |
| Shares outstanding |  | 57 759.6350 | 68 881.1740 | - |
| Net asset value per share in USD |  | 95.22 | 101.51 | - |
| Issue and redemption price per share in USD 1 |  | 95.22 | 101.51 | - |
| Class Q-acc | LU1599188072 |  |  |  |
| Shares outstanding |  | 625 012.9500 | 537 450.9870 | 209 500.3440 |
| Net asset value per share in USD |  | 107.61 | 110.29 | 108.76 |
| Issue and redemption price per share in USD 1 |  | 107.61 | 110.29 | 108.90 |
| Class (CHF hedged) Q-acc | LU1599188312 |  |  |  |
| Shares outstanding |  | 371 047.5400 | 445 784.0190 | 317 383.7310 |
| Net asset value per share in CHF |  | 98.59 | 103.96 | 105.97 |
| Issue and redemption price per share in CHF 1 |  | 98.59 | 103.96 | 106.11 |
| Class (EUR hedged) Q-acc | LU1599188585 |  |  |  |
| Shares outstanding |  | 479 671.8800 | 575 694.3890 | 616 063.5740 |
| Net asset value per share in EUR |  | 99.99 | 104.89 | 106.48 |
| Issue and redemption price per share in EUR 1 |  | 99.99 | 104.89 | 106.62 |
| Class (GBP hedged) Q-acc | LU1616912751 |  |  |  |
| Shares outstanding |  | 41 822.0230 | 17 037.0830 | 12 460.2540 |
| Net asset value per share in GBP |  | 100.50 | 104.91 | 105.28 |
| Issue and redemption price per share in GBP 1 |  | 100.50 | 104.91 | 105.42 |
| Class (SEK hedged) Q-acc 4 | LU1599188825 |  |  |  |
| Shares outstanding | - | 33 381.1640 | 10 714.2860 |
| Net asset value per share in SEK | - | 662.58 | 672.23 |
| Issue and redemption price per share in SEK 1 | - | 662.58 | 673.10 |
| 1  See note 1 2  For the period from 5.10.2018 to 25.2.2020 the share class K-X-acc was in circulation 3  First NAV: 5.11.2018 4  For the period from 1.2.2018 to 23.4.2020 the share class (SEK hedged) Q-acc was in circulation |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
| Performance |  |
| --- | --- |
|  | Currency | 2019/2020 | 2018/2019 | 2017/2018 |
| Class K-1-acc | USD | -2.8% | 0.9% | - |
| Class (EUR hedged) K-1-acc | EUR | -5.0% | -1.9% | - |
| Class K-X-acc 1 | USD | - | - | - |
| Class P-4%-mdist | USD | -3.3% | 0.4% | - |
| Class P-acc | USD | -3.3% | 0.4% | 8.0% |
| Class (CHF hedged) P-acc | CHF | -6.0% | -2.9% | 5.2% |
| Class (EUR hedged) P-acc | EUR | -5.5% | -2.5% | 5.7% |
| Class (GBP hedged) P-acc | GBP | -5.0% | -1.3% | 6.5% |
| Class (SGD hedged) P-acc | SGD | -3.9% | -0.3% | 7.4% |
| Class Q-4%-mdist | USD | -2.4% | - | - |
| Class Q-acc | USD | -2.4% | 1.3% | 8.9% |
| Class (CHF hedged) Q-acc | CHF | -5.2% | -2.0% | 6.1% |
| Class (EUR hedged) Q-acc | EUR | -4.7% | -1.6% | 6.6% |
| Class (GBP hedged) Q-acc | GBP | -4.2% | -0.5% | - |
| Class (SEK hedged) Q-acc 2 | SEK | - | -1.6% | - |

1 
For the period from 5.10.2018 to 25.2.2020 the share class K-X-acc was in circulation. Due to this fact, there is no data for the calculation of the performance available in 2020.
2 
For the period from 1.2.2018 to 23.4.2020 the share class (SEK hedged) Q-acc was in circulation. Due to this fact, there is no data for the calculation of the performance available in 2020.
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) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020

## Report of the Portfolio Manager
The financial year from 1 June 2019 to 31 May 2020 was initially driven by the ample supply of central bank liquidity and the market’s expectation of continuously low rates. In this environment both traditional risk-off and risk-on assets posted positive returns.
The strategy reduced risks in two steps in March about two weeks ahead of the low point in the equity markets. Over the financial year, the subfund generated a nega- tive return despite a recovery from April 2020.
Since year-end we have seen the development of the coronavirus Covid-19 outbreak initially in China and now reaching most continents. At present it is not possible to assess the detailed impact of the emerging risk on the companies in our portfolio but there is growing concern about the impact on the world economy. There has been a significant correction in the financial markets in the last few weeks. The Board and the Manager continue to watch the efforts of governments to contain the spread of the virus and monitor the economic impact, if any, on the companies in our portfolio.

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| Ireland | 31.04 |
| --- | --- |
| Luxembourg | 15.74 |
| United States | 8.84 |
| Japan | 5.63 |
| Canada | 4.78 |
| United Kingdom | 4.03 |
| Germany | 3.66 |
| France | 3.64 |
| Switzerland | 3.17 |
| Australia | 2.97 |
| The Netherlands | 2.33 |
| South Korea | 1.13 |
| Philippines | 0.94 |
| Spain | 0.73 |
| Italy | 0.60 |
| Qatar | 0.52 |
| United Arab Emirates | 0.42 |
| Finland | 0.40 |
| Supranationals | 0.35 |
| Kuwait | 0.34 |
| Singapore | 0.33 |
| Belgium | 0.27 |
| Norway | 0.27 |
| Jersey | 0.21 |
| Sweden | 0.13 |
| Saudi Arabia | 0.12 |
| Austria | 0.12 |
| New Zealand | 0.08 |
| British Virgin Islands | 0.07 |
| Cayman Islands | 0.07 |
| Portugal | 0.06 |
| Denmark | 0.05 |
| Isle of Man | 0.01 |
| Papua New Guinea | 0.01 |
| Total | 93.06 |

Economic Breakdown as a % of net assets	
| Investment funds | 43.26 |
| --- | --- |
| Finance & holding companies | 7.82 |
| Banks & credit institutions | 6.96 |
| Pharmaceuticals, cosmetics & medical products | 3.51 |
| Supranational organisations | 3.21 |
| Internet, software & IT services | 2.41 |
| Petroleum | 2.20 |
| Electronics & semiconductors | 1.48 |
| Energy & water supply | 1.48 |
| Cantons, federal states | 1.30 |
| Food & soft drinks | 1.27 |
| Retail trade, department stores | 1.25 |
| Countries & central governments | 1.23 |
| Computer hardware & network equipment providers | 1.17 |
| Insurance | 1.17 |
| Chemicals | 1.13 |
| Telecommunications | 1.02 |
| Tobacco & alcohol | 0.96 |
| Miscellaneous services | 0.92 |
| Traffic & transportation | 0.88 |
| Vehicles | 0.85 |
| Building industry & materials | 0.68 |
| Miscellaneous consumer goods | 0.66 |
| Real Estate | 0.65 |
| Textiles, garments & leather goods | 0.56 |
| Mining, coal & steel | 0.49 |
| Mechanical engineering & industrial equipment | 0.49 |
| Electrical devices & components | 0.47 |
| Biotechnology | 0.45 |
| Public, non-profit institutions | 0.38 |
| Graphic design, publishing & media | 0.35 |
| Non-ferrous metals | 0.32 |
| Mortgage & funding institutions | 0.31 |
| Precious metals & stones | 0.31 |
| Aerospace industry | 0.24 |
| Miscellaneous trading companies | 0.23 |
| Lodging, catering & leisure | 0.21 |
| Various capital goods | 0.20 |
| Forestry, paper & pulp products | 0.12 |
| Rubber & tyres | 0.10 |
| Healthcare & social services | 0.10 |
| Watches & jewellery | 0.09 |
| Miscellaneous unclassified companies | 0.06 |
| Agriculture & fishery | 0.05 |
| Photographic & optics | 0.03 |
| Packaging industry | 0.03 |
| Total | 93.06 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020

## Statement of Net Assets
Assets	31.5.2020
USD
Investments in securities, cost	447 305 577.85
| Investments in securities, unrealized appreciation (depreciation) | 	8 968 090.10	 |
| --- | --- |
| Total investments in securities (Note 1) | 456 273 667.95 |
| Cash at banks, deposits on demand and deposit accounts | 12 553 446.54 |
| Other liquid assets (Margins) | 44 953 814.72 |
| Receivable on securities sales (Note 1) | 1 429 787.27 |
| Receivable on subscriptions | 103 817.70 |
| Interest receivable on securities | 556 990.80 |
| Receivable on dividends | 418 022.55 |
| Other receivables | 123 686.56 |
| Unrealized gain (loss) on financial futures (Note 1) | -25 589 959.88 |
| Unrealized gain (loss) on forward foreign exchange contracts (Note 1) | 2 281 607.76 |
| Total Assets | 493 104 881.97 |
|  |  |
| Liabilities |  |
| Bank overdraft | -62 685.00 |
| Payable on securities purchases (Note 1) | -1 780 790.06 |
| Payable on redemptions | -647 202.15 |
| Provisions for flat fee (Note 2) | -252 110.24 |
| Provisions for taxe d’abonnement (Note 3) | -33 762.46 |
| Provisions for other commissions and fees (Note 2) | 	-39 763.51	 |
| Total provisions | -325 636.21 |
| Total Liabilities | -2 816 313.42 |
|  |  |
| Net assets at the end of the financial year | 490 288 568.55 |
| Statement of Operations | USD |
| Income | 1.6.2019-31.5.2020 |
| Interest on liquid assets | 153 252.45 |
| Interest on securities | 2 944 537.10 |
| Dividends | 3 381 481.76 |
| Income on securities lending (Note 15) | 169 885.82 |
| Other income (Note 4) | 215 095.85 |
| Total income | 6 864 252.98 |
|  |  |
| Expenses |  |
| Cost on securities lending (Note 15) | -67 954.33 |
| Flat fee (Note 2) | -7 401 830.38 |
| Taxe d’abonnement (Note 3) | -234 103.85 |
| Other commissions and fees (Note 2) | -115 994.68 |
| Interest on cash and bank overdraft | -29 212.03 |
| Total expenses | -7 849 095.27 |
|  |  |
| Net income (loss) on investments | -984 842.29 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 13 962 622.66 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 133 013.01 |
| Realized gain (loss) on financial futures | -14 438 968.08 |
| Realized gain (loss) on forward foreign exchange contracts | -9 421 358.81 |
| Realized gain (loss) on swaps | -3.11 |
| Realized gain (loss) on foreign exchange | 8 342 482.26 |
| Total realized gain (loss) | -1 422 212.07 |
|  |  |
| Net realized gain (loss) of the financial year | -2 407 054.36 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 1 748 797.21 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | 6 212.76 |
| Unrealized appreciation (depreciation) on financial futures | -22 733 587.15 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -179 811.19 |
| Total changes in unrealized appreciation (depreciation) | -21 158 388.37 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | -23 565 442.73 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-31.5.2020 |
| Net assets at the beginning of the financial year | 531 905 248.10 |
| Subscriptions | 168 838 309.73 |
| Redemptions | 	-185 583 461.58	 |
| Total net subscriptions (redemptions) | -16 745 151.85 |
| Dividend paid | -1 306 084.97 |
| Net income (loss) on investments | -984 842.29 |
| Total realized gain (loss) | -1 422 212.07 |
| Total changes in unrealized appreciation (depreciation) | 	-21 158 388.37	 |
| Net increase (decrease) in net assets as a result of operations | -23 565 442.73 |
| Net assets at the end of the financial year | 490 288 568.55 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2019-31.5.2020 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 2.1000 |
| Number of shares issued | 2.8000 |
| Number of shares redeemed | -0.5000 |
| Number of shares outstanding at the end of the financial year | 4.4000 |
| Class | (EUR hedged) K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 11.3000 |
| Number of shares issued | 0.2000 |
| Number of shares redeemed | -3.8000 |
| Number of shares outstanding at the end of the financial year | 7.7000 |
| Class | K-X-acc |
| Number of shares outstanding at the beginning of the financial year | 115 000.0000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -115 000.0000 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | P-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 205 611.5260 |
| Number of shares issued | 123 432.7620 |
| Number of shares redeemed | -130 697.8310 |
| Number of shares outstanding at the end of the financial year | 198 346.4570 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the financial year | 1 335 014.9300 |
| Number of shares issued | 478 128.6870 |
| Number of shares redeemed | -357 007.3200 |
| Number of shares outstanding at the end of the financial year | 1 456 136.2970 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 469 504.4440 |
| Number of shares issued | 91 230.6740 |
| Number of shares redeemed | -120 041.8100 |
| Number of shares outstanding at the end of the financial year | 440 693.3080 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 498 600.4010 |
| Number of shares issued | 116 877.2340 |
| Number of shares redeemed | -204 085.2720 |
| Number of shares outstanding at the end of the financial year | 411 392.3630 |
| Class | (GBP hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 35 387.9960 |
| Number of shares issued | 10 712.7160 |
| Number of shares redeemed | -21 316.7400 |
| Number of shares outstanding at the end of the financial year | 24 783.9720 |
| Class | (SGD hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 144 118.4140 |
| Number of shares issued | 38 318.1830 |
| Number of shares redeemed | -48 606.8710 |
| Number of shares outstanding at the end of the financial year | 133 829.7260 |
| Class | Q-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 68 881.1740 |
| Number of shares issued | 39 157.3610 |
| Number of shares redeemed | -50 278.9000 |
| Number of shares outstanding at the end of the financial year | 57 759.6350 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the financial year | 537 450.9870 |
| Number of shares issued | 297 414.3830 |
| Number of shares redeemed | -209 852.4200 |
| Number of shares outstanding at the end of the financial year | 625 012.9500 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
| Class | (CHF hedged) Q-acc |
| --- | --- |
| Number of shares outstanding at the beginning of the financial year | 445 784.0190 |
| Number of shares issued | 55 549.9680 |
| Number of shares redeemed | -130 286.4470 |
| Number of shares outstanding at the end of the financial year | 371 047.5400 |
| Class | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 575 694.3890 |
| Number of shares issued | 68 474.7850 |
| Number of shares redeemed | -164 497.2940 |
| Number of shares outstanding at the end of the financial year | 479 671.8800 |
| Class | (GBP hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 17 037.0830 |
| Number of shares issued | 35 434.4900 |
| Number of shares redeemed | -10 649.5500 |
| Number of shares outstanding at the end of the financial year | 41 822.0230 |
| Class | (SEK hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 33 381.1640 |
| Number of shares issued | 4 135.0000 |
| Number of shares redeemed | -37 516.1640 |
| Number of shares outstanding at the end of the financial year | 0.0000 |

| Monthly Distribution 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| P-4%-mdist | 11.6.2019 | 14.6.2019 | USD | 0.33 |
| P-4%-mdist | 10.7.2019 | 15.7.2019 | USD | 0.34 |
| P-4%-mdist | 12.8.2019 | 16.8.2019 | USD | 0.34 |
| P-4%-mdist | 10.9.2019 | 13.9.2019 | USD | 0.34 |
| P-4%-mdist | 10.10.2019 | 15.10.2019 | USD | 0.33 |
| P-4%-mdist | 11.11.2019 | 14.11.2019 | USD | 0.34 |
| P-4%-mdist | 10.12.2019 | 13.12.2019 | USD | 0.34 |
| P-4%-mdist | 10.1.2020 | 15.1.2020 | USD | 0.35 |
| P-4%-mdist | 10.2.2020 | 13.2.2020 | USD | 0.35 |
| P-4%-mdist | 10.3.2020 | 13.3.2020 | USD | 0.32 |
| P-4%-mdist | 14.4.2020 | 17.4.2020 | USD | 0.30 |
| P-4%-mdist | 11.5.2020 | 14.5.2020 | USD | 0.30 |
| Q-4%-mdist | 11.6.2019 | 14.6.2019 | USD | 0.33 |
| Q-4%-mdist | 10.7.2019 | 15.7.2019 | USD | 0.35 |
| Q-4%-mdist | 12.8.2019 | 16.8.2019 | USD | 0.35 |
| Q-4%-mdist | 10.9.2019 | 13.9.2019 | USD | 0.34 |
| Q-4%-mdist | 10.10.2019 | 15.10.2019 | USD | 0.34 |
| Q-4%-mdist | 11.11.2019 | 14.11.2019 | USD | 0.34 |
| Q-4%-mdist | 10.12.2019 | 13.12.2019 | USD | 0.35 |
| Q-4%-mdist | 10.1.2020 | 15.1.2020 | USD | 0.35 |
| Q-4%-mdist | 10.2.2020 | 13.2.2020 | USD | 0.35 |
| Q-4%-mdist | 10.3.2020 | 13.3.2020 | USD | 0.32 |
| Q-4%-mdist | 14.4.2020 | 17.4.2020 | USD | 0.30 |
| Q-4%-mdist | 11.5.2020 | 14.5.2020 | USD | 0.31 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020

## Statement of Investments in Securities and other Net Assets as of 31 May 2020
| 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 |  |  |  |
| Bearer shares |  |  |  |
| Australia |  |  |  |
| AUD	AFTERPAY LTD NPV | 2 293.00 | 72 162.45 | 0.02 |
| AUD	AGL ENERGY NPV | 8 388.00 | 93 318.92 | 0.02 |
| AUD	AMP LIMITED NPV(POST RECON) | 42 571.00 | 46 061.57 | 0.01 |
| AUD	APA GROUP NPV | 15 148.00 | 116 741.36 | 0.02 |
| AUD	ARISTOCRAT LEISURE NPV | 7 321.00 | 124 990.96 | 0.03 |
| AUD	ASX LTD NPV | 2 775.00 | 162 431.53 | 0.03 |
| AUD	AURIZON HOLDINGS NPV | 24 419.00 | 76 994.33 | 0.02 |
| AUD	AUSNET SERVICES NPV | 11 781.00 | 13 724.50 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 34 809.00 | 413 370.17 | 0.09 |
| AUD	BLUESCOPE STEEL NPV | 5 942.00 | 43 505.62 | 0.01 |
| AUD	BRAMBLES LTD NPV | 19 985.00 | 154 416.74 | 0.03 |
| AUD	CIMIC GROUP LTD NPV | 1 223.00 | 20 246.98 | 0.00 |
| AUD	CMNWLTH BK OF AUST NPV | 21 998.00 | 930 894.87 | 0.19 |
| AUD	COCA-COLA AMATIL NPV | 5 842.00 | 33 970.58 | 0.01 |
| AUD	COCHLEAR LTD NPV | 799.00 | 102 367.91 | 0.02 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 6 701.00 | 58 270.42 | 0.01 |
| AUD	CROWN RESORTS LTD NPV | 4 640.00 | 29 537.51 | 0.01 |
| AUD	CSL NPV | 5 751.00 | 1 054 473.66 | 0.22 |
| AUD	DEXUS NPV (STAPLED) | 14 791.00 | 88 364.39 | 0.02 |
| AUD	EVOLUTION MINING NPV | 15 724.00 | 63 669.31 | 0.01 |
| AUD	FLIGHT CENTRE TRAVEL GROUP LTD NPV | 1.00 | 8.68 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 18 579.00 | 171 425.09 | 0.03 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 23 325.00 | 237 975.78 | 0.05 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 22 772.00 | 60 313.05 | 0.01 |
| AUD	INSURANCE AUST GRP NPV | 30 920.00 | 125 405.89 | 0.03 |
| AUD	LEND LEASE GROUP NPV | 7 608.00 | 65 298.96 | 0.01 |
| AUD	MACQUARIE GP LTD NPV | 4 308.00 | 314 475.75 | 0.06 |
| AUD	MAGELLAN FINANCIAL NPV | 1 537.00 | 59 532.21 | 0.01 |
| AUD	MEDIBANK PRIVATE L NPV | 32 647.00 | 61 762.57 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 39 554.00 | 61 701.47 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 39 571.00 | 467 819.36 | 0.10 |
| AUD	NEWCREST MINING NPV | 10 207.00 | 207 191.93 | 0.04 |
| AUD	NTHN STAR RES LTD NPV | 8 455.00 | 83 063.95 | 0.02 |
| AUD	ORICA LIMITED NPV | 5 238.00 | 59 734.59 | 0.01 |
| AUD	ORIGIN ENERGY NPV | 21 697.00 | 84 830.54 | 0.02 |
| AUD	QANTAS AIRWAYS NPV | 8 134.00 | 21 543.40 | 0.01 |
| AUD	QBE INS GROUP NPV | 19 419.00 | 113 821.63 | 0.02 |
| AUD	RAMSAY HEALTH CARE NPV | 2 249.00 | 104 576.68 | 0.02 |
| AUD	REA GROUP LIMITED NPV | 604.00 | 40 281.96 | 0.01 |
| AUD	RIO TINTO LIMITED NPV | 4 721.00 | 292 696.90 | 0.06 |
| AUD	SANTOS LIMITED NPV | 22 155.00 | 78 826.78 | 0.02 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 68 772.00 | 101 801.40 | 0.02 |
| AUD	SEEK LIMITED NPV | 4 894.00 | 65 395.07 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 5 823.00 | 108 885.71 | 0.02 |
| AUD	SOUL PATTINSON(WH) NPV | 1 286.00 | 16 168.07 | 0.00 |
| AUD	SOUTH32 LTD NPV | 53 162.00 | 67 401.87 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 28 904.00 | 68 495.72 | 0.01 |
| AUD	SUNCORP GROUP LTD NPV | 19 173.00 | 117 470.56 | 0.02 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 16 059.00 | 62 360.79 | 0.01 |
| AUD	TABCORP HLDGS LTD NPV | 20 137.00 | 43 041.55 | 0.01 |
| AUD	TELSTRA CORP NPV | 56 914.00 | 122 405.62 | 0.02 |
| AUD	TPG TELECOM LTD NPV | 4 194.00 | 23 663.81 | 0.01 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 34 696.00 | 329 115.92 | 0.07 |
| AUD	TREASURY WINE ESTA NPV | 9 247.00 | 59 294.61 | 0.01 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 28 961.00 | 30 951.14 | 0.01 |
| AUD	WESFARMERS LTD NPV | 14 422.00 | 386 475.07 | 0.08 |
| AUD	WESTPAC BKG CORP NPV | 44 632.00 | 510 172.15 | 0.11 |
| AUD	WISETECH GLOBAL LT NPV | 1 806.00 | 24 444.00 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 12 422.00 | 186 930.55 | 0.04 |
| AUD	WOOLWORTHS GRP LTD NPV | 15 907.00 | 373 157.41 | 0.08 |
| Total Australia |  | 9 109 431.97 | 1.86 |
| Austria |  |  |  |
| EUR	ANDRITZ AG NPV(BR) | 931.00 | 34 941.07 | 0.01 |
| EUR	ERSTE GROUP BK AG NPV | 3 086.00 | 67 847.55 | 0.01 |
| EUR	OMV AG NPV(VAR) | 1 786.00 | 59 043.45 | 0.01 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 1 627.00 | 29 933.98 | 0.01 |
| EUR	VERBUND AG CLASS'A'NPV | 890.00 | 39 639.26 | 0.01 |
| EUR	VOESTALPINE AG NPV | 1 622.00 | 31 637.20 | 0.01 |
| Total Austria |  | 263 042.51 | 0.06 |
| Belgium |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 8 772.00 | 408 938.26 | 0.08 |
| EUR	COLRUYT SA NPV | 736.00 | 44 520.34 | 0.01 |
| EUR	ELIA SYS OPERATOR NPV | 242.00 | 28 426.33 | 0.01 |
| EUR	GALAPAGOS NV NPV | 519.00 | 105 849.72 | 0.02 |
| EUR	GPE BRUXELLES LAM NPV | 1 055.00 | 85 339.05 | 0.02 |
| EUR	PROXIMUS SA NPV | 2 034.00 | 42 524.06 | 0.01 |
| EUR	SOFINA NPV | 130.00 | 35 572.95 | 0.01 |
| EUR	SOLVAY SA NPV | 892.00 | 67 946.97 | 0.01 |
| EUR	UMICORE NPV | 2 508.00 | 111 144.59 | 0.02 |
| Total Belgium |  | 930 262.27 | 0.19 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Canada |  |  |  |  |
| CAD | AIR CANADA VAR VTG SHS NPV | 1 697.00 | 19 521.27 | 0.00 |
| CAD | ALGONQUIN PWR&UTIL COM NPV | 6 700.00 | 93 456.81 | 0.02 |
| CAD | ALTAGAS LTD COM NPV | 3 685.00 | 39 404.07 | 0.01 |
| CAD | ATCO LTD CL 1 NON VTG | 1 035.00 | 29 061.17 | 0.01 |
| CAD | BOMBARDIER INC CLASS'B'SUB-VTG NPV | 24 947.00 | 8 031.70 | 0.00 |
| CAD | CAE INC COM NPV | 3 520.00 | 52 614.09 | 0.01 |
| CAD | CAMECO CORP COM | 4 810.00 | 52 060.19 | 0.01 |
| CAD | CANADIAN UTILS LTD CL A | 1 707.00 | 40 803.99 | 0.01 |
| CAD | CANOPY GROWTH CORP COM NPV | 1 800.00 | 31 528.00 | 0.01 |
| CAD | CI FINANCIAL CORP COM NPV | 2 934.00 | 34 642.51 | 0.01 |
| CAD | EMERA INC COM | 2 948.00 | 116 751.21 | 0.02 |
| CAD | EMPIRE LTD CL A | 2 213.00 | 49 889.36 | 0.01 |
| CAD | HUSKY ENERGY INC COM | 4 666.00 | 13 098.02 | 0.00 |
| CAD | HYDRO ONE INC COM NPV | 4 062.00 | 78 407.00 | 0.02 |
| CAD | IGM FINANCIAL INC COM | 1 126.00 | 26 638.84 | 0.01 |
| CAD | KEYERA CORPORATION COM NPV | 2 916.00 | 46 033.22 | 0.01 |
| CAD | KINROSS GOLD CORP COM NPV | 14 960.00 | 96 868.76 | 0.02 |
| CAD | KIRKLAND LAKE GOLD COM NPV | 3 300.00 | 126 656.78 | 0.03 |
| CAD | LUNDIN MINING CORP COM | 8 132.00 | 37 300.59 | 0.01 |
| CAD | METHANEX CORP COM | 84.00 | 1 355.84 | 0.00 |
| CAD | ONEX CORP SUB VTG | 1 162.00 | 54 316.90 | 0.01 |
| CAD | PAN AMER SILVER COM NPV | 296.00 | 8 670.99 | 0.00 |
| CAD | PRAIRIESKY ROYALTY COM NPV | 1 241.00 | 8 152.43 | 0.00 |
| CAD | QUEBECOR INC CL B | 2 153.00 | 47 150.42 | 0.01 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 152.00 | 6 553.09 | 0.00 |
| CAD | TELUS CORPORATION COM NPV | 329.00 | 5 679.31 | 0.00 |
| CAD | TELUS CORPORATION NPV | 4 324.00 | 74 204.37 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 67.00 | 6 689.82 | 0.00 |
| CAD | WEST FRASER TIMBER COM NPV | 770.00 | 20 756.91 | 0.00 |
| CAD | WSP GLOBAL INC COM NPV | 1 313.00 | 84 411.21 | 0.02 |
| CAD | YAMANA GOLD INC COM | 1 254.00 | 6 759.01 | 0.00 |
| Total Canada | 1 317 467.88 | 0.27 |
| Finland |  |  |  |  |
| EUR | KONE CORPORATION NPV ORD 'B' | 4 017.00 | 269 349.72 | 0.05 |
| EUR | METSO OYJ NPV | 1 280.00 | 41 532.48 | 0.01 |
| EUR | WARTSILA OYJ ABP SER'B'EUR3.50 | 5 344.00 | 41 753.46 | 0.01 |
| Total Finland	352 635.66	0.07 |
| France |  |  |  |  |
| EUR | ACCOR EUR3 | 2 139.00 | 60 315.68 | 0.01 |
| EUR | ADP EUR3 | 367.00 | 38 230.97 | 0.01 |
| EUR | AIR LIQUIDE(L') EUR5.5 (POST-SUBDIVISION) | 5 570.00 | 756 505.90 | 0.15 |
| EUR | AIRBUS EUR1 | 6 975.00 | 439 914.96 | 0.09 |
| EUR | ALSTOM EUR7.00 | 2 348.00 | 98 830.43 | 0.02 |
| EUR | AMUNDI EUR2.5 (AIW) | 690.00 | 51 385.57 | 0.01 |
| EUR | ARKEMA EUR10 | 800.00 | 69 731.00 | 0.01 |
| EUR | ATOS SE EUR1 | 1 167.00 | 88 037.99 | 0.02 |
| EUR | AXA EUR2.29 | 22 425.00 | 408 590.07 | 0.08 |
| EUR | BIOMERIEUX NPV (POST SPLIT) | 509.00 | 73 094.63 | 0.01 |
| EUR | BNP PARIBAS EUR2 | 12 993.00 | 466 173.89 | 0.10 |
| EUR | BOLLORE EUR0.16 | 10 890.00 | 31 083.22 | 0.01 |
| EUR | BOUYGUES EUR1 | 2 650.00 | 81 180.42 | 0.02 |
| EUR | BUREAU VERITAS EUR0.12 | 3 885.00 | 79 039.86 | 0.02 |
| EUR | CAPGEMINI EUR8 | 1 904.00 | 195 059.92 | 0.04 |
| EUR | CARREFOUR EUR2.50 | 7 075.00 | 107 463.17 | 0.02 |
| EUR | CASINO GUICH-PERR EUR1.53 | 424.00 | 15 979.04 | 0.00 |
| EUR | CIE DE ST-GOBAIN EUR4 | 5 807.00 | 187 775.24 | 0.04 |
| EUR | CNP ASSURANCES EUR1 | 2 167.00 | 22 790.93 | 0.00 |
| EUR | COVIVIO EUR3 | 559.00 | 32 737.96 | 0.01 |
| EUR | CREDIT AGRICOLE SA EUR3 | 13 482.00 | 117 334.20 | 0.02 |
| EUR | DANONE EUR0.25 | 7 201.00 | 493 097.59 | 0.10 |
| EUR | DASSAULT AVIATION EUR8 | 33.00 | 28 154.69 | 0.01 |
| EUR | DASSAULT SYSTEMES EUR0.50 | 1 580.00 | 267 581.35 | 0.05 |
| EUR | EDENRED EUR2 | 2 844.00 | 118 885.21 | 0.02 |
| EUR | EDF EUR0.5 | 6 874.00 | 60 833.91 | 0.01 |
| EUR | EIFFAGE EUR4 | 948.00 | 86 469.64 | 0.02 |
| EUR | ENGIE EUR1 | 20 780.00 | 245 824.12 | 0.05 |
| EUR | ESSILORLUXOTTICA EUR0.18 | 3 395.00 | 437 121.57 | 0.09 |
| EUR | EURAZEO NPV | 606.00 | 29 524.88 | 0.01 |
| EUR | FAURECIA EUR7 | 961.00 | 37 050.44 | 0.01 |
| EUR | GETLINK SE EUR0.40 | 5 498.00 | 79 381.79 | 0.02 |
| EUR | HERMES INTL NPV | 376.00 | 312 762.56 | 0.06 |
| EUR | ICADE NPV | 290.00 | 20 758.12 | 0.00 |
| EUR | ILIAD NPV | 200.00 | 35 239.25 | 0.01 |
| EUR | INGENICO GROUP EUR1 | 675.00 | 93 253.86 | 0.02 |
| EUR | IPSEN EUR1 | 486.00 | 38 220.57 | 0.01 |
| EUR | JC DECAUX SA NPV | 787.00 | 16 011.42 | 0.00 |
| EUR | KERING EUR4 | 906.00 | 473 257.76 | 0.10 |
| EUR | KLEPIERRE EUR1.40 | 1 872.00 | 35 482.72 | 0.01 |
| EUR | L'OREAL EUR0.20 | 2 929.00 | 853 289.36 | 0.17 |
| EUR | LEGRAND SA EUR4 | 3 159.00 | 215 402.91 | 0.04 |
| EUR | LVMH MOET HENNESSY EUR0.30 | 3 257.00 | 1 358 596.48 | 0.28 |
| EUR | NATIXIS EUR1.6 | 10 119.00 | 22 432.95 | 0.00 |
| EUR | ORANGE EUR4 | 23 877.00 | 288 038.66 | 0.06 |
| EUR | ORPEA EUR2.5 | 488.00 | 57 322.51 | 0.01 |
| EUR | PERNOD RICARD EUR1.55 | 2 547.00 | 396 925.08 | 0.08 |
| EUR | PEUGEOT SA EUR1 | 6 998.00 | 99 677.00 | 0.02 |
| EUR | PUBLICIS GROUPE SA EUR0.40 | 2 755.00 | 78 206.66 | 0.02 |
| EUR | REMY COINTREAU EUR1.60 | 302.00 | 35 877.29 | 0.01 |
| EUR | RENAULT SA EUR3.81 | 2 169.00 | 48 748.35 | 0.01 |
| EUR | SAFRAN EUR0.20 | 3 744.00 | 357 575.85 | 0.07 |
| EUR | SANOFI EUR2 | 13 234.00 | 1 288 515.12 | 0.26 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 313.00 | 84 882.76 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | SCHNEIDER ELECTRIC EUR8 | 6 480.00 | 643 244.42 | 0.13 |
| EUR | SCOR SE EUR7.876972 (POST CONS) | 1 877.00 | 46 309.20 | 0.01 |
| EUR | SEB SA EUR1 | 306.00 | 42 002.78 | 0.01 |
| EUR | SOC GENERALE EUR1.25 | 9 457.00 | 139 193.94 | 0.03 |
| EUR | SODEXO EUR4 | 1 063.00 | 71 584.19 | 0.01 |
| EUR | SUEZ EUR4 | 4 632.00 | 52 606.06 | 0.01 |
| EUR | TELEPERFORMANCE EUR2.50 | 720.00 | 170 670.09 | 0.03 |
| EUR | THALES EUR3 | 1 237.00 | 94 639.69 | 0.02 |
| EUR | TOTAL EUR2.5 | 28 783.00 | 1 076 563.90 | 0.22 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 1 086.00 | 84 150.12 | 0.02 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 1 731.00 | 91 845.29 | 0.02 |
| EUR | VALEO EUR1 (POST SUBD) | 2 297.00 | 56 594.76 | 0.01 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 6 367.00 | 139 415.72 | 0.03 |
| EUR | VINCI EUR2.50 | 6 146.00 | 567 703.22 | 0.12 |
| EUR | VIVENDI SA EUR5.50 | 9 697.00 | 220 367.34 | 0.04 |
| EUR | WENDEL EUR4 | 311.00 | 28 574.71 | 0.01 |
| EUR | WORLDLINE EUR0.68 | 1 695.80 | 126 610.01 | 0.03 |
| Total France | 15 167 732.92 | 3.09 |
| Germany |  |  |  |  |
| EUR | BAYERISCHE MOTOREN WERKE AG EUR1 | 3 995.00 | 233 745.89 | 0.05 |
| EUR | BEIERSDORF AG NPV | 1 114.00 | 116 803.02 | 0.02 |
| EUR | CARL ZEISS MEDITEC NPV | 487.00 | 49 891.90 | 0.01 |
| EUR | COMMERZBANK AG NPV | 12 060.00 | 46 965.71 | 0.01 |
| EUR | CONTINENTAL AG ORD NPV | 1 269.00 | 124 839.44 | 0.03 |
| EUR | COVESTRO AG NPV | 1 950.00 | 72 208.76 | 0.01 |
| EUR | DEUTSCHE WOHNEN AG NPV (BR) | 3 955.00 | 176 941.63 | 0.04 |
| EUR | FRAPORT AG NPV | 582.00 | 28 886.44 | 0.01 |
| EUR | FRESENIUS MED CARE NPV | 2 575.00 | 216 541.17 | 0.04 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 5 012.00 | 240 844.24 | 0.05 |
| EUR | GEA GROUP AG NPV | 1 810.00 | 53 937.74 | 0.01 |
| EUR | HEIDELBERGCEMENT NPV | 1 768.00 | 87 770.91 | 0.02 |
| EUR | HENKEL AG & CO KGAA | 1 347.00 | 107 955.07 | 0.02 |
| EUR | HOCHTIEF AG NPV | 336.00 | 29 563.59 | 0.01 |
| EUR | KION GROUP AG NPV | 715.00 | 39 925.58 | 0.01 |
| EUR | KNORR BREMSE AG NPV | 606.00 | 64 159.32 | 0.01 |
| EUR | LANXESS AG NPV | 997.00 | 51 546.92 | 0.01 |
| EUR | MERCK KGAA NPV | 1 571.00 | 180 254.82 | 0.04 |
| EUR | METRO AG (NEW) NPV | 2 118.00 | 19 780.62 | 0.00 |
| EUR | NEMETSCHEK SE ORD NPV | 535.00 | 42 193.10 | 0.01 |
| EUR | PUMA SE NPV | 1 040.00 | 74 246.25 | 0.02 |
| EUR | RWE AG (NEU) NPV | 6 922.00 | 229 373.67 | 0.05 |
| EUR | SAP AG ORD NPV | 12 127.00 | 1 531 054.67 | 0.31 |
| EUR | SYMRISE AG NPV (BR) | 1 563.00 | 171 078.54 | 0.03 |
| EUR | TEAMVIEWER AG NPV | 1 469.00 | 74 765.60 | 0.02 |
| EUR | THYSSENKRUPP AG NPV | 5 292.00 | 35 672.53 | 0.01 |
| EUR | VOLKSWAGEN AG ORD NPV | 399.00 | 63 201.06 | 0.01 |
| EUR | WIRECARD AG NPV | 1 405.00 | 147 783.26 | 0.03 |
| EUR | ZALANDO SE NPV | 1 567.00 | 106 047.31 | 0.02 |
| Total Germany	4 417 978.76	0.91 |
| Ireland |  |  |  |  |
| GBP | DCC ORD EUR0.25 | 1 233.00 | 102 619.77 | 0.02 |
| EUR | FLUTTER ENTERTAINM ORD EUR0.09 | 941.51 | 120 752.89 | 0.02 |
| GBP | FLUTTER ENTERTAINM ORD EUR0.09 | 669.37 | 85 070.82 | 0.02 |
| EUR | KERRY GROUP 'A'ORD EUR0.125(DUBLIN LIST) | 1 912.00 | 236 714.31 | 0.05 |
| Total Ireland |  | 545 157.79 | 0.11 |
| Italy |  |  |  |
| EUR	ASSIC GENERALI SPA EUR1 | 13 257.00 | 184 109.11 | 0.04 |
| EUR	DIASORIN SPA EUR1 | 235.00 | 49 274.32 | 0.01 |
| EUR	FINECOBANK SPA EUR0.33 | 6 895.00 | 80 569.71 | 0.02 |
| EUR	INFRASTRUTTURE WIR NPV | 1 498.00 | 15 271.64 | 0.00 |
| EUR	LEONARDO SPA EUR4.40 | 4 490.00 | 27 968.93 | 0.00 |
| EUR	POSTE ITALIANE SPA NPV | 5 872.00 | 51 561.39 | 0.01 |
| EUR	TELECOM ITALIA SPA DI RISP EUR0.55 | 80 126.00 | 30 909.65 | 0.01 |
| EUR	TELECOM ITALIA SPA EUR0.55 | 112 445.00 | 41 525.96 | 0.01 |
| Total Italy |  | 481 190.71 | 0.10 |
| Japan |  |  |  |
| JPY	ACOM CO NPV | 1 600.00 | 6 519.70 | 0.00 |
| JPY	ADVANTEST CORP NPV | 1 700.00 | 83 946.72 | 0.02 |
| JPY	AIR WATER INC NPV | 1 100.00 | 15 979.02 | 0.00 |
| JPY	AISIN SEIKI CO NPV | 1 400.00 | 44 117.51 | 0.01 |
| JPY	AMADA CO LTD NPV | 2 700.00 | 24 084.10 | 0.01 |
| JPY	AOZORA BANK LTD | 800.00 | 14 866.11 | 0.00 |
| JPY	ASAHI INTECC CO LT NPV | 1 300.00 | 39 819.93 | 0.01 |
| JPY	BANDAI NAMCO HLDGS NPV | 1 600.00 | 89 048.13 | 0.02 |
| JPY	BENESSE HOLDINGS INC NPV | 500.00 | 13 537.85 | 0.00 |
| JPY	BK OF KYOTO NPV | 600.00 | 21 552.88 | 0.00 |
| JPY	CALBEE INC NPV | 600.00 | 17 348.12 | 0.00 |
| JPY	CENTRAL JAPAN RLWY NPV | 1 100.00 | 188 225.74 | 0.04 |
| JPY	CHIBA BANK NPV | 3 000.00 | 14 257.21 | 0.00 |
| JPY	CHUGAI PHARM CO NPV | 1 800.00 | 265 484.76 | 0.05 |
| JPY	COCA-COLA BOTTLERS NPV | 700.00 | 13 904.49 | 0.00 |
| JPY	CONCORDIA FINANCIA NPV | 10 600.00 | 34 633.13 | 0.01 |
| JPY	CYBER AGENT NPV | 900.00 | 45 361.30 | 0.01 |
| JPY	DAI-ICHI LIFE HOLD NPV | 8 900.00 | 115 901.98 | 0.02 |
| JPY	DAICEL CORP | 1 700.00 | 14 390.87 | 0.00 |
| JPY	DAIFUKU CO LTD NPV | 800.00 | 62 226.76 | 0.01 |
| JPY	DAIICHI SANKYO COM NPV | 4 400.00 | 411 881.01 | 0.08 |
| JPY	DAIKIN INDUSTRIES NPV | 2 000.00 | 294 240.50 | 0.06 |
| JPY	DAITO TRUST CONST NPV | 600.00 | 63 405.58 | 0.01 |
| JPY	DAIWA HOUSE INDS NPV | 4 400.00 | 109 229.13 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | DAIWA HOUSE REIT I REIT | 15.00 | 37 091.01 | 0.01 |
| JPY | DISCO CORPORATION NPV | 200.00 | 44 665.15 | 0.01 |
| JPY | EISAI CO NPV | 1 900.00 | 148 811.43 | 0.03 |
| JPY | FANUC CORP NPV | 1 500.00 | 267 531.45 | 0.05 |
| JPY | FAST RETAILING CO NPV | 500.00 | 280 920.78 | 0.06 |
| JPY | FUJI ELECTRIC CO L NPV | 1 000.00 | 26 722.98 | 0.01 |
| JPY | FUKUOKA FINANCIAL NPV | 1 800.00 | 29 288.53 | 0.01 |
| JPY | GLP J-REIT REIT | 5.00 | 6 669.14 | 0.00 |
| JPY | GMO PAYMENT GATEWA NPV | 300.00 | 33 777.33 | 0.01 |
| JPY | HANKYU HANSHIN HLD NPV | 1 800.00 | 66 496.50 | 0.01 |
| JPY | HIKARI TSUSHIN INC NPV | 100.00 | 21 914.88 | 0.00 |
| JPY | HIROSE ELECTRIC NPV | 310.00 | 37 032.53 | 0.01 |
| JPY | HISAMITSU PHARM CO NPV | 600.00 | 30 240.87 | 0.01 |
| JPY | HOSHIZAKI CORPORAT NPV | 500.00 | 40 376.85 | 0.01 |
| JPY | HULIC CO LTD NPV | 2 000.00 | 20 234.84 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 1 392.00 | 30 880.22 | 0.01 |
| JPY | ISETAN MITSUKOSHI NPV | 3 800.00 | 25 430.92 | 0.01 |
| JPY | ISUZU MOTORS NPV | 4 000.00 | 37 480.86 | 0.01 |
| JPY | ITO EN LTD NPV | 100.00 | 5 736.30 | 0.00 |
| JPY | ITOCHU TECHNO-SOLU NPV | 600.00 | 20 271.96 | 0.00 |
| JPY | JAPAN AIRPORT TERM NPV | 500.00 | 21 998.42 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 4 300.00 | 92 477.84 | 0.02 |
| JPY | JAPAN POST INSURAN NPV | 2 100.00 | 26 665.43 | 0.01 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 10.00 | 54 578.36 | 0.01 |
| JPY | JGC HLDGS CORP NPV | 2 100.00 | 22 591.54 | 0.00 |
| JPY | JSR CORP NPV | 1 300.00 | 25 484.75 | 0.01 |
| JPY | JTEKT CORPORATION NPV | 1 400.00 | 11 292.52 | 0.00 |
| JPY | KAJIMA CORP NPV | 4 200.00 | 47 639.11 | 0.01 |
| JPY | KAKAKU.COM. INC NPV | 1 100.00 | 26 607.88 | 0.01 |
| JPY | KAMIGUMI CO LTD NPV | 1 000.00 | 19 538.68 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 5 300.00 | 52 810.60 | 0.01 |
| JPY | KANSAI PAINT CO NPV | 1 200.00 | 24 861.00 | 0.01 |
| JPY | KAO CORP NPV | 3 700.00 | 296 968.49 | 0.06 |
| JPY | KAWASAKI HEAVY IND NPV | 1 100.00 | 17 418.67 | 0.00 |
| JPY | KEIHAN HOLDINGS CO NPV | 700.00 | 33 266.81 | 0.01 |
| JPY | KEIKYU CORP | 1 500.00 | 25 075.42 | 0.01 |
| JPY | KEIO CORPORATION NPV | 900.00 | 53 464.52 | 0.01 |
| JPY | KEISEI ELEC RY CO NPV | 1 100.00 | 36 093.19 | 0.01 |
| JPY | KIKKOMAN CORP NPV | 1 100.00 | 55 339.49 | 0.01 |
| JPY | KINTETSU GROUP HOL NPV | 1 300.00 | 63 832.55 | 0.01 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 6 900.00 | 141 381.63 | 0.03 |
| JPY | KOBAYASHI PHARMACE NPV | 400.00 | 35 643.01 | 0.01 |
| JPY | KOITO MFG CO LTD NPV | 700.00 | 29 660.74 | 0.01 |
| JPY | KOMATSU NPV | 6 900.00 | 139 620.37 | 0.03 |
| JPY | KOSE CORPORATION NPV | 300.00 | 37 564.39 | 0.01 |
| JPY | KURARAY CO NPV | 2 400.00 | 25 217.43 | 0.01 |
| JPY | KURITA WATER INDS NPV | 800.00 | 22 180.35 | 0.00 |
| JPY | KYUSHU ELEC POWER NPV | 2 200.00 | 18 296.75 | 0.00 |
| JPY | KYUSHU RAILWAY COR NPV | 1 300.00 | 36 863.60 | 0.01 |
| JPY | LASERTEC CORP NPV | 200.00 | 16 429.20 | 0.00 |
| JPY | LINE CORP NPV | 400.00 | 20 012.07 | 0.00 |
| JPY | LION CORP NPV | 1 600.00 | 36 608.34 | 0.01 |
| JPY | M3 INC NPV | 3 400.00 | 136 965.70 | 0.03 |
| JPY | MAKITA CORP NPV | 1 900.00 | 64 370.91 | 0.01 |
| JPY | MARUI GROUP NPV | 1 900.00 | 34 266.49 | 0.01 |
| JPY | MARUICHI STL TUBE NPV | 600.00 | 15 365.48 | 0.00 |
| JPY | MCDONALD'S HOLDING NPV | 400.00 | 21 274.42 | 0.00 |
| JPY | MEBUKIFINANCIAL G NPV | 4 700.00 | 10 644.64 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 1 000.00 | 75 277.30 | 0.02 |
| JPY | MINEBEA MITSUMI INC | 2 500.00 | 43 880.82 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 2 000.00 | 53 130.37 | 0.01 |
| JPY | MITSUBISHI GAS CHM NPV | 1 000.00 | 14 888.38 | 0.00 |
| JPY | MITSUBISHI MOTOR C NPV | 3 400.00 | 9 593.91 | 0.00 |
| JPY | MITSUBISHI UFJ LEA NV | 3 900.00 | 19 041.17 | 0.00 |
| JPY | MITSUI CHEMICALS NPV | 1 200.00 | 24 950.11 | 0.01 |
| JPY | MITSUI FUDOSAN CO NPV | 6 600.00 | 127 025.57 | 0.03 |
| JPY | MONOTARO CO.LTD NPV | 1 000.00 | 36 339.16 | 0.01 |
| JPY | NABTESCO CORP NPV | 1 000.00 | 31 048.41 | 0.01 |
| JPY | NAGOYA RAILROAD CO NPV | 1 400.00 | 42 233.26 | 0.01 |
| JPY | NH FOODS LTD NPV | 500.00 | 18 471.25 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 3 500.00 | 215 129.72 | 0.04 |
| JPY | NIPPON BUILDING FD REIT | 10.00 | 62 746.55 | 0.01 |
| JPY | NIPPON EXPRESS CO NPV | 500.00 | 25 711.24 | 0.01 |
| JPY | NIPPON PAINT HLDGS NPV | 1 200.00 | 83 649.70 | 0.02 |
| JPY | NIPPON SHINYAKU CO NPV | 400.00 | 34 454.91 | 0.01 |
| JPY | NIPPON STEEL CORP NPV | 6 300.00 | 58 044.09 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 1 200.00 | 52 963.29 | 0.01 |
| JPY | NISSHIN SEIFUN GRP NPV | 1 000.00 | 15 584.54 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 600.00 | 50 122.99 | 0.01 |
| JPY | NITORI HOLDINGS CO LTD | 600.00 | 108 794.73 | 0.02 |
| JPY | NITTO DENKO CORP NPV | 1 400.00 | 75 759.97 | 0.02 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 800.00 | 14 806.70 | 0.00 |
| JPY | NSK LTD NPV | 3 500.00 | 25 599.85 | 0.01 |
| JPY | OBAYASHI CORP NPV | 5 100.00 | 47 196.36 | 0.01 |
| JPY | OBIC CO LTD NPV | 500.00 | 86 694.20 | 0.02 |
| JPY | ODAKYU ELEC RLWY NPV | 2 300.00 | 57 406.60 | 0.01 |
| JPY | OJI HOLDINGS CO NPV | 6 000.00 | 30 129.48 | 0.01 |
| JPY | OLYMPUS CORP NPV | 8 900.00 | 154 604.82 | 0.03 |
| JPY | ONO PHARMACEUTICAL NPV | 2 800.00 | 79 970.30 | 0.02 |
| JPY | ORACLE CORP JAPAN NPV | 400.00 | 46 707.20 | 0.01 |
| JPY | ORIENTAL LAND CO NPV | 1 600.00 | 231 902.36 | 0.05 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 3 300.00 | 66 499.28 | 0.01 |
| JPY | PEPTIDREAM INC NPV | 900.00 | 40 390.77 | 0.01 |
| JPY | PERSOL HOLDINGS CO NPV | 1 600.00 | 21 163.04 | 0.00 |
| JPY | PIGEON CORP NPV | 900.00 | 35 086.09 | 0.01 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 1 000.00 | 19 455.14 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | RAKUTEN INC NPV | 7 600.00 | 68 850.42 | 0.01 |
| JPY | RECRUIT HLDGS CO L NPV | 10 500.00 | 361 581.66 | 0.07 |
| JPY | RINNAI CORP NPV | 400.00 | 33 675.22 | 0.01 |
| JPY | RYOHIN KEIKAKU CO NPV | 2 000.00 | 30 240.87 | 0.01 |
| JPY | SBI HOLDINGS INC NPV | 1 700.00 | 36 434.78 | 0.01 |
| JPY | SCSK CORP | 100.00 | 4 891.63 | 0.00 |
| JPY | SECOM CO NPV | 1 700.00 | 147 285.47 | 0.03 |
| JPY | SEIBU HOLDINGS INC NPV | 1 100.00 | 14 376.02 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 5 100.00 | 97 162.02 | 0.02 |
| JPY | SEVEN BANK NPV | 1 900.00 | 5 414.21 | 0.00 |
| JPY | SHARP CORP NPV | 1 900.00 | 20 581.06 | 0.00 |
| JPY | SHIMANO INC NPV | 600.00 | 110 326.26 | 0.02 |
| JPY | SHIMIZU CORP NPV | 4 000.00 | 33 860.86 | 0.01 |
| JPY | SHIN-ETSU CHEMICAL NPV | 2 800.00 | 327 989.98 | 0.07 |
| JPY | SHINSEI BANK NPV | 1 300.00 | 16 591.64 | 0.00 |
| JPY | SHIONOGI & CO NPV | 2 100.00 | 123 990.35 | 0.03 |
| JPY | SHISEIDO CO LTD NPV | 3 200.00 | 195 145.50 | 0.04 |
| JPY | SHIZUOKA BANK NPV | 3 000.00 | 19 102.43 | 0.00 |
| JPY | SHOWA DENKO KK NPV | 1 200.00 | 28 681.49 | 0.01 |
| JPY | SMC CORP NPV | 400.00 | 201 865.69 | 0.04 |
| JPY | SONY FINANCIAL HOL NPV | 1 000.00 | 24 096.16 | 0.01 |
| JPY | SQUARE-ENIX HOLDIN NPV | 800.00 | 38 836.03 | 0.01 |
| JPY | STANLEY ELECTRIC NPV | 1 200.00 | 29 171.58 | 0.01 |
| JPY | SUMITOMO HEAVY IND NPV | 600.00 | 13 700.28 | 0.00 |
| JPY | SUMITOMO METAL MNG NPV | 1 700.00 | 47 354.16 | 0.01 |
| JPY | SUMITOMO RUBBER NPV | 1 500.00 | 15 259.67 | 0.00 |
| JPY | SUNDRUG CO LTD NPV | 400.00 | 13 477.51 | 0.00 |
| JPY | SUNTORY BEVERAGE & NPV | 900.00 | 36 756.86 | 0.01 |
| JPY | SUZUKEN CO LTD NPV | 400.00 | 14 535.67 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 2 900.00 | 100 834.46 | 0.02 |
| JPY | SYSMEX CORP NPV | 1 300.00 | 103 893.81 | 0.02 |
| JPY | T&D HOLDINGS INC NPV | 3 800.00 | 34 319.40 | 0.01 |
| JPY | TAIHEIYO CEMENT NPV | 1 300.00 | 30 733.75 | 0.01 |
| JPY | TAISEI CORP NPV | 1 500.00 | 52 072.21 | 0.01 |
| JPY | TAISHO PHARM H NPV | 200.00 | 12 697.82 | 0.00 |
| JPY | TAIYO NIPPON SANSO NPV | 1 400.00 | 23 546.67 | 0.00 |
| JPY | TEIJIN LTD NPV | 1 500.00 | 24 560.26 | 0.01 |
| JPY | TERUMO CORP NPV | 5 300.00 | 208 093.94 | 0.04 |
| JPY | THK CO LTD NPV | 1 200.00 | 31 187.64 | 0.01 |
| JPY | TOBU RAILWAY CO NPV | 1 700.00 | 60 277.53 | 0.01 |
| JPY | TOHO CO LTD NPV | 1 000.00 | 36 756.86 | 0.01 |
| JPY | TOHO GAS CO NPV | 500.00 | 24 643.80 | 0.01 |
| JPY | TOHOKU ELEC POWER NPV | 3 700.00 | 38 327.38 | 0.01 |
| JPY | TOKYO CENTURY CORP NPV | 400.00 | 17 394.53 | 0.00 |
| JPY | TOKYO GAS CO NPV | 2 900.00 | 69 192.46 | 0.01 |
| JPY | TOKYU CORP NPV | 3 700.00 | 58 658.75 | 0.01 |
| JPY | TORAY INDS INC NPV | 10 800.00 | 52 518.87 | 0.01 |
| JPY | TOSOH CORP NPV | 2 500.00 | 34 761.22 | 0.01 |
| JPY | TOTO LTD NPV | 1 100.00 | 43 597.72 | 0.01 |
| JPY | TOYO SUISAN KAISHA NPV | 600.00 | 31 354.71 | 0.01 |
| JPY | TOYODA GOSEI NPV | 800.00 | 17 101.22 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 1 200.00 | 61 372.81 | 0.01 |
| JPY | TOYOTA TSUSHO CORP NPV | 1 500.00 | 38 009.93 | 0.01 |
| JPY | TSURUHA HOLDINGS I NPV | 300.00 | 44 331.00 | 0.01 |
| JPY | USS CO LTD NPV | 2 100.00 | 36 606.49 | 0.01 |
| JPY | WELCIA HOLDINGS CO NPV | 300.00 | 25 200.72 | 0.01 |
| JPY | YAKULT HONSHA CO NPV | 1 000.00 | 61 261.43 | 0.01 |
| JPY | YAMAHA CORP NPV | 1 300.00 | 63 229.22 | 0.01 |
| JPY | YAMATO HOLDINGS CO NPV | 2 200.00 | 48 682.42 | 0.01 |
| JPY | ZOZO INC NPV | 1 140.00 | 20 993.73 | 0.00 |
| Total Japan | 10 919 809.72 | 2.23 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 116 319.00 | 215 448.93 | 0.04 |
| Total Jersey |  | 215 448.93 | 0.04 |
| Luxembourg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 13 241.00 | 72 788.87 | 0.01 |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 131.00 | 88 567.31 | 0.02 |
| Total Luxembourg |  | 161 356.18 | 0.03 |
| The Netherlands |  |  |  |
| USD	AERCAP HOLDINGS EUR0.01 | 1 585.00 | 51 100.40 | 0.01 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 2 359.00 | 193 128.88 | 0.04 |
| EUR	ALTICE EUROPE N.V. EUR0.01 (COMMON SHARES A) | 8 307.00 | 33 265.05 | 0.01 |
| EUR	EXOR NV EUR0.01 | 1 283.00 | 69 159.45 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 1 470.00 | 121 164.95 | 0.02 |
| EUR	HEINEKEN NV EUR1.60 | 3 070.00 | 281 662.15 | 0.06 |
| EUR	ING GROEP N.V. EUR0.01 | 44 576.00 | 287 885.37 | 0.06 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 1 431.00 | 155 293.36 | 0.03 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 13 036.00 | 330 758.56 | 0.07 |
| EUR	KONINKLIJKE KPN NV EUR0.04 | 44 380.00 | 108 802.87 | 0.02 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 10 493.00 | 476 096.33 | 0.10 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 3 358.00 | 322 703.80 | 0.06 |
| EUR	QIAGEN NV EUR0.01 | 2 906.00 | 127 069.15 | 0.03 |
| EUR	RANDSTAD N.V. EUR0.10 | 1 211.00 | 50 824.42 | 0.01 |
| GBP	ROYAL DUTCH SHELL 'B'SHS EUR0.07 (UK LIST) | 41 841.00 | 634 185.63 | 0.13 |
| EUR	STMICROELECTRONICS EUR1.04 | 8 209.00 | 201 710.00 | 0.04 |
| EUR	VOPAK(KON) EUR0.50 | 855.00 | 46 896.73 | 0.01 |
| EUR	WOLTERS KLUWER EUR0.12 | 3 217.00 | 256 501.86 | 0.05 |
| Total The Netherlands |  | 3 748 208.96 | 0.76 |
| Papua New Guinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 16 951.00 | 39 157.22 | 0.01 |
| Total Papua New Guinea |  | 39 157.22 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Spain |  |  |  |  |
| EUR | ACS ACTIVIDADES CO EUR0.5 | 3 139.00 | 80 133.75 | 0.02 |
| EUR | AENA SME S.A. EUR10 | 711.00 | 101 390.92 | 0.02 |
| EUR | AMADEUS IT GROUP EUR0.01 | 5 153.00 | 269 057.24 | 0.06 |
| EUR | CAIXABANK SA EUR1 | 41 623.00 | 77 759.75 | 0.02 |
| EUR | CELLNEX TELECOM SA EUR0.25 | 2 937.00 | 166 354.21 | 0.03 |
| EUR | ENAGAS SA EUR1.50 | 2 743.00 | 61 664.27 | 0.01 |
| EUR | ENDESA SA EUR1.2 | 3 902.00 | 92 667.32 | 0.02 |
| EUR | FERROVIAL SA EUR0.2 | 5 717.00 | 155 294.23 | 0.03 |
| EUR | GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 3 581.00 | 112 011.11 | 0.02 |
| EUR | IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 68 577.00 | 739 016.40 | 0.15 |
| EUR | INDITEX EUR0.03 (POST SUBD) | 12 841.00 | 357 806.34 | 0.07 |
| EUR | NATURGY ENERGY GRO EUR1 | 3 601.00 | 66 873.04 | 0.01 |
| EUR | RED ELECTRICA CORP EUR0.5 | 5 165.00 | 91 005.36 | 0.02 |
| EUR | REPSOL SA EUR1 | 17 542.00 | 163 322.50 | 0.03 |
| EUR | SIEMENS GAMESA REN EUR0.17 | 2 573.00 | 43 317.53 | 0.01 |
| EUR | TELEFONICA SA EUR1 | 52 429.00 | 247 332.57 | 0.05 |
| Total Spain |  | 2 825 006.54 | 0.57 |
| Switzerland |  |  |  |
| CHF	PARGESA HLDGS SA CHF20(BR) | 531.00 | 40 072.34 | 0.01 |
| CHF	SWATCH GROUP CHF2.25(BR) | 379.00 | 75 705.32 | 0.01 |
| CHF	SWISS RE AG CHF0.10 | 3 439.00 | 233 108.86 | 0.05 |
| CHF	VIFOR PHARMA AG CHF0.01 | 547.00 | 83 185.91 | 0.02 |
| Total Switzerland |  | 432 072.43 | 0.09 |
| United Kingdom |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 10 841.00 | 110 572.51 | 0.02 |
| GBP	ASTRAZENECA ORD USD0.25 | 14 798.00 | 1 569 691.04 | 0.32 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 697.00 | 35 226.34 | 0.01 |
| GBP	AVIVA ORD GBP0.25 | 40 410.00 | 123 748.15 | 0.03 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 35 005.00 | 214 738.89 | 0.04 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 10 971.00 | 67 410.33 | 0.01 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 25 746.00 | 1 015 210.83 | 0.21 |
| GBP	BRITISH LAND CO PLC REIT | 10 296.00 | 51 844.99 | 0.01 |
| GBP	BT GROUP ORD GBP0.05 | 101 208.00 | 145 456.01 | 0.03 |
| GBP	BUNZL ORD GBP0.32142857 | 3 462.00 | 80 743.53 | 0.02 |
| USD	COCA-COLA EUROPEAN ORD EUR0.01 | 2 896.00 | 109 179.20 | 0.02 |
| GBP	EVRAZ PLC ORD USD1 | 8 429.00 | 29 428.27 | 0.01 |
| GBP	HALMA ORD GBP0.10 | 4 277.00 | 123 202.36 | 0.03 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 1 760.00 | 55 942.08 | 0.01 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 17 414.00 | 97 827.45 | 0.02 |
| GBP	ITV ORD GBP0.10 | 47 212.00 | 46 857.98 | 0.01 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 4 805.00 | 39 111.74 | 0.01 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 2 141.00 | 55 929.38 | 0.01 |
| GBP	KINGFISHER ORD GBP0.157142857 | 25 757.00 | 61 839.84 | 0.01 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 7 364.00 | 55 152.72 | 0.01 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 785 720.00 | 290 152.88 | 0.06 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 51 497.00 | 73 311.11 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 39 030.00 | 446 820.83 | 0.09 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 4 927.00 | 133 459.29 | 0.03 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 8 009.00 | 715 286.29 | 0.15 |
| GBP	RELX PLC GBP0.1444 | 21 946.00 | 508 315.02 | 0.10 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 22 248.00 | 136 645.84 | 0.03 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 20 914.00 | 70 224.83 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 11 798.00 | 100 788.34 | 0.02 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 2 679.00 | 80 847.08 | 0.02 |
| GBP	SMITHS GROUP ORD GBP0.375 | 4 305.00 | 69 535.48 | 0.01 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 830.00 | 101 278.93 | 0.02 |
| GBP	SSE PLC ORD GBP0.50 | 11 054.00 | 169 664.14 | 0.03 |
| GBP	ST JAMES'S PLACE ORD GBP0.15 | 5 582.00 | 63 406.64 | 0.01 |
| EUR	UNILEVER EUR0.16 | 16 943.00 | 876 175.93 | 0.18 |
| GBP	UNITED UTILITIES G ORD GBP0.05 | 7 493.00 | 85 002.76 | 0.02 |
| GBP	WHITBREAD ORD GBP0.76797385 | 1 553.00 | 48 536.94 | 0.01 |
| GBP	WPP PLC ORD GBP0.10 | 13 624.00 | 103 013.93 | 0.02 |
| Total United Kingdom |  | 8 161 579.90 | 1.66 |
| Total Bearer shares |  | 59 087 540.35 | 12.05 |
| Participation certificates |  |  |  |
| Switzerland |  |  |  |
| CHF	LINDT & SPRUENGLI PTG CERT CHF10 | 12.00 | 100 052.05 | 0.02 |
| CHF	SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 480.00 | 111 468.72 | 0.02 |
| Total Switzerland |  | 211 520.77 | 0.04 |
| Total Participation certificates |  | 211 520.77 | 0.04 |
| Other shares |  |  |  |
| Switzerland |  |  |  |
| CHF	ROCHE HLDGS AG GENUSSCHEINE NPV | 8 333.00 | 2 885 801.08 | 0.59 |
| Total Switzerland |  | 2 885 801.08 | 0.59 |
| Total Other shares |  | 2 885 801.08 | 0.59 |
| Preference shares |  |  |  |
| Germany |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 728.00 | 33 509.14 | 0.01 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 762.00 | 30 361.42 | 0.01 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 2 142.00 | 191 279.44 | 0.04 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 1 794.00 | 97 602.64 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | SARTORIUS AG NON VTG PRF NPV | 449.00 | 166 515.01 | 0.03 |
| EUR | VOLKSWAGEN AG NON VTG PRF NPV | 2 145.00 | 316 143.77 | 0.06 |
| Total Germany |  | 835 411.42 | 0.17 |
| Total Preference shares |  | 835 411.42 | 0.17 |
| Registered shares |  |  |  |
| Australia |  |  |  |
| AUD	AMPOL LTD NPV | 2 957.00 | 53 173.79 | 0.01 |
| AUD	BHP GROUP LTD NPV | 36 751.00 | 845 053.67 | 0.17 |
| GBP	BHP GROUP PLC ORD USD0.50 | 23 148.00 | 452 505.80 | 0.09 |
| AUD	COLES GROUP LTD NPV | 17 204.00 | 175 411.43 | 0.04 |
| Total Australia |  | 1 526 144.69 | 0.31 |
| Belgium |  |  |  |
| EUR	AGEAS NPV | 2 241.00 | 76 453.45 | 0.02 |
| EUR	KBC GROUP NV NPV | 2 943.00 | 154 090.52 | 0.03 |
| EUR	TELENET GRP HLDG NPV | 648.00 | 26 568.79 | 0.00 |
| EUR	UCB NPV | 1 571.00 | 157 275.17 | 0.03 |
| Total Belgium |  | 414 387.93 | 0.08 |
| Canada |  |  |  |
| CAD	1ST QUANTUM MINLS COM NPV | 8 748.00 | 51 075.36 | 0.01 |
| CAD	AGNICO EAGLE MINES LTD COM | 2 940.00 | 187 371.29 | 0.04 |
| CAD	ALIMENTATION COUCHE TARD INC SUB VTG SH | 10 762.00 | 335 582.55 | 0.07 |
| CAD	AURORA CANNABIS IN COM NPV(POST REV SPLIT) | 417.00 | 5 813.63 | 0.00 |
| CAD	BANK NOVA SCOTIA HALIFAX COM | 15 033.00 | 600 036.62 | 0.12 |
| CAD	BANK OF MONTREAL COM NPV | 7 633.00 | 375 078.40 | 0.08 |
| CAD	BARRICK GOLD CORP COM NPV | 21 552.00 | 516 268.79 | 0.11 |
| CAD	BCE INC COM NEW | 1 906.00 | 78 917.94 | 0.02 |
| CAD	BLACKBERRY LTD NPV | 6 340.00 | 29 356.10 | 0.01 |
| CAD	BROOKFIELD ASSET M LTD VTG SHS NPV CL'A' | 16 227.50 | 507 534.97 | 0.10 |
| CAD	CAN PACIFIC RYS COM NPV | 1 652.00 | 412 462.16 | 0.08 |
| CAD	CANADIAN NAT RES LTD COM | 14 643.00 | 266 438.61 | 0.05 |
| CAD	CANADIAN NATL RY CO COM | 8 679.00 | 744 703.66 | 0.15 |
| CAD	CANADIAN TIRE LTD CL A | 735.00 | 62 545.72 | 0.01 |
| CAD	CCL INDUSTRIES INC 'B'NON-VTG COM NPV | 1 849.00 | 62 056.95 | 0.01 |
| CAD	CDN IMPERIAL BK OF COMMERCE COM | 5 500.00 | 351 320.36 | 0.07 |
| CAD	CENOVUS ENERGY INC COM NPV | 13 060.00 | 56 692.23 | 0.01 |
| CAD	CGI INC COM NPV SUB VOTING SHARES C | 2 777.00 | 176 762.02 | 0.04 |
| CAD	CONSTELLATION SOFT COM STK NPV | 258.00 | 292 145.52 | 0.06 |
| CAD	CRONOS GROUP INC COM NPV | 1 300.00 | 8 492.98 | 0.00 |
| CAD	DOLLARAMA INC COM NPV | 3 770.00 | 127 321.37 | 0.03 |
| CAD	ENBRIDGE INC COM NPV | 24 685.00 | 799 735.42 | 0.16 |
| CAD	FAIRFAX FINL HLDGS SUB-VTG COM NPV | 317.00 | 87 717.40 | 0.02 |
| CAD	FIRST CAP REAL EST UNIT | 1 500.00 | 14 205.61 | 0.00 |
| CAD	FORTIS INC COM NPV | 5 331.00 | 204 453.99 | 0.04 |
| CAD	FRANCO NEVADA CORP COM NPV | 2 342.00 | 327 459.79 | 0.07 |
| CAD	GILDAN ACTIVEWEAR INC COM | 2 636.00 | 36 425.70 | 0.01 |
| CAD	GREAT WEST LIFECO INC COM | 3 297.00 | 53 479.05 | 0.01 |
| CAD	IA FINANCIAL CORP COM NPV | 1 303.00 | 41 450.52 | 0.01 |
| CAD	IMPERIAL OIL LTD COM NEW | 3 394.00 | 52 817.93 | 0.01 |
| CAD	INTACT FINL CORP COM NPV | 1 694.00 | 161 090.56 | 0.03 |
| CAD	INTER PIPELINE LTD COM NPV | 5 359.00 | 48 890.89 | 0.01 |
| CAD	LOBLAW COS LTD COM | 2 140.00 | 105 529.16 | 0.02 |
| CAD	MAGNA INTL INC COM NPV | 3 648.00 | 153 236.06 | 0.03 |
| CAD	MANULIFE FINL CORP COM | 23 572.00 | 291 622.92 | 0.06 |
| CAD	METRO INC CL A SUB | 3 020.00 | 125 458.25 | 0.03 |
| CAD	NATL BK OF CANADA COM NPV | 4 042.00 | 175 342.44 | 0.04 |
| CAD	NUTRIEN LTD NPV | 7 043.00 | 239 488.50 | 0.05 |
| CAD	OPEN TEXT CO COM NPV | 3 285.00 | 135 944.15 | 0.03 |
| CAD	PARKLAND CORP. COM NPV | 1 900.00 | 53 225.29 | 0.01 |
| CAD	PEMBINA PIPELINE C COM NPV | 6 738.00 | 167 694.40 | 0.03 |
| CAD	POWER CORP CDA COM | 6 793.00 | 110 136.83 | 0.02 |
| CAD	RESTAURANT BRANDS COM NPV | 3 548.00 | 193 083.90 | 0.04 |
| CAD	ROGERS COMMS INC CLASS'B'COM CAD1.62478 | 4 428.00 | 184 847.06 | 0.04 |
| CAD	ROYAL BK OF CANADA COM NPV | 17 460.00 | 1 128 419.77 | 0.23 |
| CAD	SAPUTO INC COM | 3 091.00 | 75 653.69 | 0.02 |
| CAD	SHAW COMMUNICATIONS INC CL B CONV | 5 791.00 | 97 326.67 | 0.02 |
| CAD	SHOPIFY INC COM NPV CL A | 1 268.00 | 958 632.59 | 0.20 |
| CAD	SUN LIFE FINL INC COM | 7 141.00 | 244 009.14 | 0.05 |
| CAD	SUNCOR ENERGY INC COM NPV 'NEW' | 18 954.00 | 324 584.85 | 0.07 |
| CAD	TC ENERGY CORPORAT COM NPV | 11 343.00 | 509 212.24 | 0.10 |
| CAD	TECK RESOURCES LTD CLASS'B'SUB-VTG COM NPV | 6 414.00 | 60 696.80 | 0.01 |
| CAD	THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 2 398.00 | 159 993.89 | 0.03 |
| CAD	TORONTO-DOMINION COM NPV | 22 089.00 | 942 562.02 | 0.19 |
| CAD	WESTON GEORGE LTD COM | 994.00 | 71 526.00 | 0.01 |
| CAD	WHEATON PRECIOUS M COM NPV | 5 647.00 | 242 352.80 | 0.05 |
| Total Canada |  | 13 826 283.51 | 2.82 |
| Finland |  |  |  |
| EUR	ELISA OYJ NPV | 1 705.00 | 106 927.87 | 0.02 |
| EUR	FORTUM OYJ EUR3.40 | 5 390.00 | 103 243.66 | 0.02 |
| EUR	NESTE OIL OYJ NPV | 5 050.00 | 204 022.79 | 0.04 |
| EUR	NOKIA OYJ NPV | 64 473.00 | 255 705.33 | 0.05 |
| EUR	ORION CORP SER'B'NPV | 1 176.00 | 62 920.75 | 0.02 |
| EUR	SAMPO PLC SER'A'NPV | 5 520.00 | 197 222.32 | 0.04 |
| EUR	STORA ENSO OYJ NPV SER'R' | 6 807.00 | 83 478.73 | 0.02 |
| EUR	UPM-KYMMENE CORP NPV | 6 575.00 | 189 936.82 | 0.04 |
| Total Finland |  | 1 203 458.27 | 0.25 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| France |  |  |  |  |
| EUR | BOLLORE EUR0.16 (RFD 01/01/2020) | 63.00 | 180.80 | 0.00 |
| EUR | GECINA EUR7.50 | 624.00 | 80 308.11 | 0.02 |
| EUR | LA FRANCAISE DES EUR0.40 (PROMESSES) | 604.00 | 20 605.93 | 0.00 |
| EUR | MICHELIN (CGDE) EUR2 | 2 060.00 | 208 200.33 | 0.04 |
| Total France | 309 295.17 | 0.06 |
| Germany |  |  |  |  |
| EUR | ADIDAS AG NPV (REGD) | 2 155.00 | 568 595.50 | 0.11 |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 4 833.00 | 875 318.29 | 0.18 |
| EUR | BASF SE NPV | 10 520.00 | 569 240.00 | 0.12 |
| EUR | BAYER AG NPV (REGD) | 11 597.00 | 783 283.32 | 0.16 |
| EUR | BRENNTAG AG | 1 856.00 | 97 878.97 | 0.02 |
| EUR | DAIMLER AG ORD NPV(REGD) | 9 851.00 | 365 770.02 | 0.07 |
| EUR | DELIVERY HERO SE NPV | 1 474.00 | 141 301.06 | 0.03 |
| EUR | DEUTSCHE BANK AG NPV(REGD) | 23 429.00 | 196 267.26 | 0.04 |
| EUR | DEUTSCHE BOERSE AG NPV(REGD) | 2 281.00 | 375 262.28 | 0.08 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 3 049.00 | 31 005.60 | 0.01 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 11 811.00 | 367 600.28 | 0.07 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 39 223.00 | 618 451.06 | 0.13 |
| EUR | E.ON SE NPV | 26 991.00 | 285 402.81 | 0.06 |
| EUR | EVONIK INDUSTRIES NPV | 2 443.00 | 60 191.98 | 0.01 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 711.00 | 114 361.37 | 0.02 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 14 382.00 | 301 654.85 | 0.06 |
| EUR | LEG IMMOBILIEN AG NPV | 697.00 | 86 896.52 | 0.02 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 624.00 | 100 576.02 | 0.02 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 1 731.00 | 393 952.77 | 0.08 |
| EUR | SCOUT24 AG NPV | 1 079.00 | 82 515.51 | 0.02 |
| EUR | SIEMENS AG NPV(REGD) | 8 948.00 | 980 699.42 | 0.20 |
| EUR | SIEMENS HEALTHINEE NPV | 1 856.00 | 95 928.00 | 0.02 |
| EUR | TELEFONICA DEUTSCH NPV | 10 238.00 | 31 499.87 | 0.01 |
| EUR | UNIPER SE NPV | 2 447.00 | 76 485.96 | 0.01 |
| EUR | UNITED INTERNET AG NPV(REGD) | 1 183.00 | 48 530.76 | 0.01 |
| EUR | VONOVIA SE NPV | 6 176.00 | 355 722.06 | 0.07 |
| Total Germany	8 004 391.54	1.63 |
| Ireland |  |  |  |  |
| EUR | CRH ORD EUR0.32 | 9 539.00 | 310 893.70 | 0.06 |
| GBP | EXPERIAN ORD USD0.10 | 9 913.00 | 344 745.58 | 0.07 |
| EUR | KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 1 661.00 | 102 634.92 | 0.02 |
| EUR | SMURFIT KAPPA GRP ORD EUR0.001 | 2 490.00 | 81 042.93 | 0.02 |
| Total Ireland |  | 839 317.13 | 0.17 |
| Isle of Man |  |  |  |
| GBP	GVC HLDGS PLC ORD EUR0.01 | 7 035.00 | 68 952.75 | 0.01 |
| Total Isle of Man |  | 68 952.75 | 0.01 |
| Italy |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 5 511.00 | 89 469.70 | 0.02 |
| EUR	DAVIDE DE CAMPARI EUR0.05 (POST SUBD) | 6 932.00 | 56 288.91 | 0.01 |
| EUR	ENEL EUR1 | 95 735.00 | 734 893.20 | 0.15 |
| EUR	ENI SPA EUR1 | 29 645.00 | 267 860.94 | 0.06 |
| EUR	FERRARI NV EUR0.01(NEW) | 1 441.00 | 243 479.96 | 0.05 |
| EUR	INTESA SANPAOLO NPV | 174 388.00 | 301 135.31 | 0.06 |
| EUR	MEDIOBANCA SPA EUR0.5 | 8 021.00 | 52 069.73 | 0.01 |
| EUR	MONCLER SPA NPV | 2 179.00 | 81 076.47 | 0.02 |
| EUR	NEXI SPA NPV | 3 562.00 | 58 521.56 | 0.01 |
| EUR	PIRELLI & C SPA NPV | 5 372.00 | 24 081.44 | 0.01 |
| EUR	PRYSMIAN SPA EUR0.10 | 3 081.00 | 65 612.80 | 0.01 |
| EUR	RECORDATI EUR0.125 | 1 455.00 | 66 227.76 | 0.02 |
| EUR	SNAM EUR1 | 24 106.00 | 112 191.06 | 0.02 |
| EUR	TERNA SPA ORD EUR0.22 | 16 752.00 | 113 108.91 | 0.02 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 24 704.00 | 210 657.80 | 0.04 |
| Total Italy |  | 2 476 675.55 | 0.51 |
| Japan |  |  |  |
| JPY	ABC-MART INC NPV | 300.00 | 18 239.20 | 0.00 |
| JPY	AEON CO LTD NPV | 5 400.00 | 119 468.14 | 0.02 |
| JPY	AEON MALL CO LTD NPV | 1 300.00 | 18 280.97 | 0.00 |
| JPY	AGC INC NPV | 1 300.00 | 36 803.27 | 0.01 |
| JPY	AJINOMOTO CO INC NPV | 3 300.00 | 56 268.62 | 0.01 |
| JPY	ALFRESA HOLDINGS NPV | 1 300.00 | 26 220.82 | 0.01 |
| JPY	ANA HOLDINGS INC NPV | 1 000.00 | 24 124.01 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 2 800.00 | 105 466.19 | 0.02 |
| JPY	ASAHI KASEI CORP NPV | 9 400.00 | 74 163.46 | 0.02 |
| JPY	ASTELLAS PHARMA NPV | 15 200.00 | 270 110.92 | 0.06 |
| JPY	BRIDGESTONE CORP NPV | 4 100.00 | 136 127.54 | 0.03 |
| JPY	BROTHER INDUSTRIES NPV | 1 900.00 | 35 783.17 | 0.01 |
| JPY	CANON INC NPV | 8 100.00 | 166 834.36 | 0.03 |
| JPY	CASIO COMPUTER CO NPV | 1 300.00 | 22 890.43 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 5 000.00 | 67 341.16 | 0.01 |
| JPY	CHUGOKU ELEC POWER NPV | 2 100.00 | 28 848.56 | 0.01 |
| JPY	DAI NIPPON PRINTNG NPV | 1 800.00 | 40 917.07 | 0.01 |
| JPY	DAIWA SECS GROUP NPV | 11 400.00 | 47 267.65 | 0.01 |
| JPY	DENSO CORP NPV | 3 200.00 | 122 701.07 | 0.03 |
| JPY	DENTSU GROUP INC NPV | 1 600.00 | 42 845.87 | 0.01 |
| JPY	EAST JAPAN RAILWAY NPV | 2 300.00 | 180 396.34 | 0.04 |
| JPY	ELEC POWER DEV NPV | 1 200.00 | 22 644.45 | 0.00 |
| JPY	FAMILYMART CO LTD NPV | 2 300.00 | 43 102.98 | 0.01 |
| JPY	FUJI FILM HLD CORP NPV | 2 900.00 | 134 078.06 | 0.03 |
| JPY	FUJITSU NPV | 1 600.00 | 164 848.94 | 0.03 |
| JPY	HAKUHODO DY HLDGS NPV | 1 400.00 | 17 400.10 | 0.00 |
| JPY	HAMAMATSU PHOTONIC NPV | 1 000.00 | 45 296.33 | 0.01 |
| JPY	HINO MOTORS NPV | 3 000.00 | 20 299.81 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | HITACHI CONST MACH NPV | 1 000.00 | 26 268.16 | 0.01 |
| JPY | HITACHI METALS NPV | 1 600.00 | 18 445.26 | 0.00 |
| JPY | HITACHI NPV | 7 400.00 | 237 313.78 | 0.05 |
| JPY | HONDA MOTOR CO NPV | 12 600.00 | 325 598.93 | 0.07 |
| JPY | HOYA CORP NPV | 3 000.00 | 281 524.11 | 0.06 |
| JPY | IIDA GROUP HOLDING NPV | 1 000.00 | 14 851.26 | 0.00 |
| JPY | INPEX CORPORATION NPV | 7 000.00 | 48 789.16 | 0.01 |
| JPY | ITOCHU CORP NPV | 10 700.00 | 229 424.05 | 0.05 |
| JPY | JAPAN AIRLINES CO NPV | 900.00 | 17 685.06 | 0.00 |
| JPY | JAPAN POST BANK CO NPV | 3 200.00 | 26 435.23 | 0.01 |
| JPY | JAPAN POST HOLD CO NPV | 12 100.00 | 88 064.33 | 0.02 |
| JPY | JAPAN PRIME REALTY INVESTMENT CORP | 6.00 | 18 322.74 | 0.00 |
| JPY | JAPAN RETAIL FUND INVESTMENT CORP | 19.00 | 25 078.20 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 9 900.00 | 196 419.46 | 0.04 |
| JPY | JFE HOLDINGS INC NPV | 2 900.00 | 21 318.98 | 0.00 |
| JPY | JXTG HOLDINGS INC NPV | 23 700.00 | 91 139.46 | 0.02 |
| JPY | KDDI CORP NPV | 13 400.00 | 390 053.37 | 0.08 |
| JPY | KEYENCE CORP NPV | 1 400.00 | 576 321.53 | 0.12 |
| JPY | KONAMI HOLDINGS CORP NPV | 900.00 | 31 619.25 | 0.01 |
| JPY | KUBOTA CORP NPV | 8 600.00 | 115 707.06 | 0.02 |
| JPY | KYOCERA CORP NPV | 2 500.00 | 135 308.86 | 0.03 |
| JPY | KYOWA KIRIN CO LTD NPV | 1 800.00 | 48 819.79 | 0.01 |
| JPY | LAWSON INC NPV | 200.00 | 11 064.19 | 0.00 |
| JPY | LIXIL GROUP CORP COM NPV | 1 700.00 | 23 732.31 | 0.01 |
| JPY | MARUBENI CORP NPV | 12 200.00 | 59 258.92 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 4 500.00 | 28 778.95 | 0.01 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 1 800.00 | 35 704.27 | 0.01 |
| JPY | MERCARI INC NPV | 500.00 | 14 897.67 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 9 500.00 | 55 932.15 | 0.01 |
| JPY | MITSUBISHI CORP NPV | 10 800.00 | 252 118.63 | 0.05 |
| JPY | MITSUBISHI ELEC CP NPV | 14 500.00 | 190 915.21 | 0.04 |
| JPY | MITSUBISHI ESTATE NPV | 9 200.00 | 146 281.15 | 0.03 |
| JPY | MITSUBISHI HVY IND NPV | 2 400.00 | 62 096.81 | 0.01 |
| JPY | MITSUBISHI MATERLS NPV | 600.00 | 13 661.30 | 0.00 |
| JPY | MITSUBISHI UFJ FIN NPV | 93 900.00 | 387 157.19 | 0.08 |
| JPY | MITSUI & CO NPV | 13 200.00 | 200 386.13 | 0.04 |
| JPY | MIZUHO FINL GP NPV | 185 400.00 | 231 459.60 | 0.05 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 3 600.00 | 105 759.50 | 0.02 |
| JPY | MURATA MFG CO NPV | 4 600.00 | 256 824.62 | 0.05 |
| JPY | NEC CORP NPV | 2 000.00 | 89 757.28 | 0.02 |
| JPY | NEXON CO LTD NPV | 3 900.00 | 81 305.05 | 0.02 |
| JPY | NGK INSULATORS NPV | 1 500.00 | 21 984.50 | 0.00 |
| JPY | NGK SPARK PLUG CO NPV | 1 000.00 | 16 122.89 | 0.00 |
| JPY | NIKON CORP NPV | 2 200.00 | 20 216.27 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 900.00 | 363 725.81 | 0.07 |
| JPY | NIPPON PROLOGIS RE REIT | 17.00 | 47 969.56 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 9 900.00 | 224 584.40 | 0.05 |
| JPY | NIPPON YUSEN KK NPV | 1 700.00 | 24 505.50 | 0.01 |
| JPY | NISSAN MOTOR CO NPV | 17 300.00 | 64 376.20 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 25 100.00 | 107 846.01 | 0.02 |
| JPY | NOMURA REAL EST MA REIT | 39.00 | 47 964.91 | 0.01 |
| JPY | NOMURA RESEARCH IN NPV | 2 600.00 | 68 731.61 | 0.01 |
| JPY | NTT DATA CORP NPV | 4 500.00 | 52 002.60 | 0.01 |
| JPY | NTT DOCOMO NPV | 10 500.00 | 287 657.22 | 0.06 |
| JPY | OMRON CORP NPV | 1 400.00 | 92 783.22 | 0.02 |
| JPY | ORIX CORP NPV | 9 900.00 | 131 313.87 | 0.03 |
| JPY | ORIX JREIT INC REIT | 25.00 | 36 153.53 | 0.01 |
| JPY | OSAKA GAS CO NPV | 2 800.00 | 55 955.82 | 0.01 |
| JPY | OTSUKA CORP NPV | 700.00 | 33 786.61 | 0.01 |
| JPY | OTSUKA HLDGS CO NPV | 3 200.00 | 144 473.01 | 0.03 |
| JPY | PANASONIC CORP NPV | 16 600.00 | 148 380.75 | 0.03 |
| JPY | PARK 24 CO LTD NPV | 1 000.00 | 19 408.73 | 0.00 |
| JPY | RENESAS ELECTRONIC NPV | 6 600.00 | 34 245.14 | 0.01 |
| JPY | RESONA HOLDINGS NPV | 14 700.00 | 52 913.72 | 0.01 |
| JPY | RICOH CO NPV | 6 000.00 | 44 331.00 | 0.01 |
| JPY | ROHM CO LTD NPV | 700.00 | 47 106.33 | 0.01 |
| JPY | SANTEN PHARM CO NPV | 2 800.00 | 51 719.50 | 0.01 |
| JPY | SEGA SAMMY HLDGS I NPV | 1 300.00 | 16 941.57 | 0.00 |
| JPY | SEIKO EPSON CORP NPV | 1 900.00 | 21 409.94 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 2 600.00 | 36 320.60 | 0.01 |
| JPY | SEVEN & I HOLDINGS NPV | 6 100.00 | 208 759.46 | 0.04 |
| JPY | SG HOLDINGS CO LTD NPV | 1 100.00 | 35 888.99 | 0.01 |
| JPY | SHIMADZU CORP NPV | 1 900.00 | 51 408.55 | 0.01 |
| JPY | SHIMAMURA CO NPV | 100.00 | 7 035.78 | 0.00 |
| JPY | SOFTBANK CORP NPV | 12 800.00 | 162 294.52 | 0.03 |
| JPY | SOFTBANK GROUP CO NPV | 12 300.00 | 551 664.74 | 0.11 |
| JPY | SOHGO SECURITY SER NPV | 400.00 | 19 677.91 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 2 600.00 | 92 478.77 | 0.02 |
| JPY | SONY CORP NPV | 10 000.00 | 638 047.07 | 0.13 |
| JPY | SUBARU CORPORATION NPV | 4 700.00 | 103 763.40 | 0.02 |
| JPY | SUMCO CORPORATION NPV | 1 500.00 | 22 986.96 | 0.00 |
| JPY | SUMITOMO CHEM CO NPV | 9 000.00 | 27 901.80 | 0.01 |
| JPY | SUMITOMO CORP NPV | 9 900.00 | 119 276.00 | 0.02 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 1 100.00 | 15 550.19 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 5 400.00 | 62 879.29 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 10 000.00 | 289 506.66 | 0.06 |
| JPY | SUMITOMO MITSUI TR NPV | 2 900.00 | 85 356.66 | 0.02 |
| JPY | SUMITOMO RLTY&DEV NPV | 2 600.00 | 72 025.80 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 11 809.00 | 459 382.00 | 0.09 |
| JPY | TDK CORP NPV | 1 000.00 | 93 562.91 | 0.02 |
| JPY | TOKIO MARINE HLDG NPV | 5 100.00 | 220 975.54 | 0.05 |
| JPY | TOKYO ELEC POWER H NPV | 11 900.00 | 40 095.61 | 0.01 |
| JPY | TOKYO ELECTRON NPV | 1 200.00 | 239 476.50 | 0.05 |
| JPY | TOKYU FUDOSAN HLDG NPV | 5 000.00 | 25 339.95 | 0.01 |
| JPY | TOPPAN PRINTING CO NPV | 1 800.00 | 30 792.22 | 0.01 |
| JPY | TOSHIBA CORP NPV | 3 000.00 | 81 978.93 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | TOYOTA MOTOR CORP NPV | 16 600.00 | 1 040 822.40 | 0.21 |
| JPY | TREND MICRO INC NPV | 900.00 | 49 454.68 | 0.01 |
| JPY | UNICHARM CORP NPV | 3 100.00 | 115 384.97 | 0.02 |
| JPY | UNITED URBAN INVESTMENT CORP | 25.00 | 26 500.21 | 0.01 |
| JPY | WEST JAPAN RAILWAY NPV | 1 300.00 | 83 875.25 | 0.02 |
| JPY | YAMADA DENKI CO NPV | 3 100.00 | 15 077.74 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 1 700.00 | 24 537.06 | 0.01 |
| JPY | YAMAZAKI BAKING CO NPV | 900.00 | 16 131.25 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 2 100.00 | 75 435.10 | 0.02 |
| JPY | YOKOGAWA ELECTRIC NPV | 2 200.00 | 31 692.58 | 0.01 |
| JPY | YOKOHAMA RUBBER CO NPV | 700.00 | 10 571.31 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 20 100.00 | 82 090.31 | 0.02 |
| Total Japan |  | 14 944 978.34 | 3.05 |
| Luxembourg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 7 592.00 | 72 668.89 | 0.01 |
| EUR	TENARIS S.A. USD1 | 5 675.00 | 35 299.98 | 0.01 |
| Total Luxembourg |  | 107 968.87 | 0.02 |
| The Netherlands |  |  |  |
| EUR	ADYEN NV EUR0.01 | 207.00 | 272 393.38 | 0.06 |
| EUR	AEGON NV EUR0.12 | 22 817.00 | 61 040.08 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 5 023.00 | 1 636 809.51 | 0.33 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 11 589.00 | 70 281.86 | 0.02 |
| EUR	FIAT CHRYSLER AUTO EUR0.01 | 12 893.00 | 113 900.42 | 0.02 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 2 058.00 | 263 374.34 | 0.05 |
| EUR	NN GROUP N.V. EUR0.12 | 3 412.00 | 105 396.54 | 0.02 |
| EUR	PROSUS N.V. EUR0.05 | 5 662.00 | 469 840.18 | 0.10 |
| GBP	ROYAL DUTCH SHELL PLC 'A'SHS EUR0.07 | 45 557.00 | 709 208.12 | 0.15 |
| Total The Netherlands |  | 3 702 244.43 | 0.76 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 31 044.00 | 145 827.76 | 0.03 |
| EUR	GALP ENERGIA EUR1-B | 6 266.00 | 74 683.39 | 0.02 |
| EUR	JERONIMO MARTINS EUR5 | 2 912.00 | 49 818.33 | 0.01 |
| Total Portugal |  | 270 329.48 | 0.06 |
| Spain |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 192 378.00 | 436 008.03 | 0.09 |
| EUR	BANKINTER SA EUR0.3(REGD) | 9 014.00 | 38 211.84 | 0.01 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 78 998.00 | 245 430.47 | 0.05 |
| EUR	MAPFRE SA EUR0.10 | 17 833.00 | 31 401.24 | 0.00 |
| Total Spain |  | 751 051.58 | 0.15 |
| Switzerland |  |  |  |
| CHF	ABB LTD CHF0.12 (REGD) | 21 777.00 | 428 195.62 | 0.09 |
| CHF	ADECCO GROUP AG CHF0.1 (REGD) | 1 778.00 | 84 430.48 | 0.02 |
| CHF	ALCON AG CHF0.04 | 5 801.00 | 373 650.34 | 0.08 |
| CHF	BALOISE-HLDGS CHF0.1(REGD) | 597.00 | 84 886.23 | 0.02 |
| CHF	BARRY CALLEBAUT AG CHF0.02 (REGD) | 34.00 | 68 375.14 | 0.01 |
| CHF	BQE CANT VAUDOISE CHF1 | 70.00 | 6 805.45 | 0.00 |
| CHF	CLARIANT CHF4.00(REGD) | 2 692.00 | 49 359.41 | 0.01 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 2 301.00 | 57 975.52 | 0.01 |
| CHF	CREDIT SUISSE GRP CHF0.04(REGD) | 30 422.00 | 277 651.82 | 0.06 |
| CHF	EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 110.00 | 81 352.14 | 0.02 |
| CHF	GEBERIT CHF0.10(REGD) | 443.00 | 215 482.36 | 0.04 |
| CHF	GIVAUDAN AG CHF10 | 107.00 | 383 916.94 | 0.08 |
| CHF	JULIUS BAER GRUPPE CHF0.02 (REGD) | 2 667.00 | 113 542.52 | 0.02 |
| CHF	KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 666.00 | 95 945.04 | 0.02 |
| CHF	LAFARGEHOLCIM LTD CHF2 (REGD) | 5 746.00 | 237 687.14 | 0.05 |
| CHF	LINDT & SPRUENGLI CHF100(REGD) | 1.00 | 86 811.70 | 0.02 |
| CHF	LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 1 000.00 | 58 998.65 | 0.01 |
| CHF	LONZA GROUP AG CHF1(REGD) | 871.00 | 427 476.32 | 0.09 |
| CHF	NESTLE SA CHF0.10(REGD) | 35 239.00 | 3 809 641.45 | 0.78 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 25 406.00 | 2 195 753.28 | 0.45 |
| CHF	PARTNERS GROUP HLG CHF0.01 (REGD) | 223.00 | 184 398.04 | 0.04 |
| CHF	RICHEMONT(CIE FIN) CHF1.00 (REG) SER 'A' | 6 112.00 | 355 510.11 | 0.07 |
| CHF	SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 298.00 | 68 986.36 | 0.01 |
| CHF	SGS LTD CHF1(REGD) | 69.00 | 161 960.03 | 0.03 |
| CHF	SIKA AG CHF0.01 (REG) | 1 643.00 | 281 329.76 | 0.06 |
| CHF	SONOVA HOLDING AG CHF0.05 (REGD) | 645.00 | 141 326.64 | 0.03 |
| CHF	STRAUMANN HLDG CHF0.1(REGD) | 123.00 | 99 608.62 | 0.02 |
| CHF	SWATCH GROUP CHF0.45(REGD) | 546.00 | 21 221.65 | 0.00 |
| CHF	SWISS LIFE HLDG CHF5.1(REGD) | 387.00 | 135 915.27 | 0.03 |
| CHF	SWISS PRIME SITE CHF15.3 (REGD) | 919.00 | 85 519.52 | 0.02 |
| CHF	SWISSCOM AG CHF1(REGD) | 303.00 | 157 634.43 | 0.03 |
| CHF	TEMENOS AG CHF5 (REGD) | 778.00 | 118 801.50 | 0.02 |
| CHF	UBS GROUP CHF0.10 (REGD) | 45 042.00 | 482 911.00 | 0.10 |
| CHF	ZURICH INSURANCE GRP CHF0.10 | 1 744.00 | 561 848.65 | 0.11 |
| Total Switzerland |  | 11 994 909.13 | 2.45 |
| United Kingdom |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 2 277.00 | 65 675.24 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 13 310.00 | 279 836.33 | 0.06 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 5 172.00 | 56 038.28 | 0.01 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 4 957.00 | 146 651.15 | 0.03 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 4 230.00 | 95 230.09 | 0.02 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 10 712.00 | 73 923.79 | 0.01 |
| GBP	BARCLAYS ORD GBP0.25 | 197 256.00 | 281 033.01 | 0.06 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 1 404.00 | 71 079.58 | 0.01 |
| GBP	BP ORD USD0.25 | 227 381.00 | 859 497.28 | 0.17 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 4 283.00 | 79 187.82 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| GBP | COMPASS GROUP ORD GBP0.1105 | 20 141.00 | 294 819.77 | 0.06 |
| GBP | CRODA INTL ORD GBP0.10609756 | 1 341.00 | 86 043.88 | 0.02 |
| GBP | DIAGEO ORD GBP0.28 101/108 | 26 380.00 | 910 082.34 | 0.19 |
| GBP | DIRECT LINE INSURA ORD GBP 0.109090909 | 14 796.00 | 48 401.42 | 0.01 |
| GBP | FERGUSON PLC (NEW) ORD GBP0.10 | 2 491.00 | 196 048.82 | 0.04 |
| GBP | GLAXOSMITHKLINE ORD GBP0.25 | 56 653.00 | 1 170 930.45 | 0.24 |
| GBP | HARGREAVES LANSDOW ORD GBP0.004 (WI) | 3 865.00 | 87 610.13 | 0.02 |
| GBP | HSBC HLDGS ORD USD0.50(UK REG) | 227 828.00 | 1 042 437.56 | 0.21 |
| GBP | IMPERIAL BRANDS PL GBP0.10 | 10 208.00 | 185 074.51 | 0.04 |
| GBP | INTERCONTL HOTELS ORD GBP0.208521303 | 1 967.00 | 94 135.06 | 0.02 |
| GBP | INTERTEK GROUP ORD GBP0.01 | 1 855.00 | 126 271.11 | 0.03 |
| GBP | LEGAL & GENERAL GP ORD GBP0.025 | 67 258.00 | 165 054.86 | 0.03 |
| GBP | LONDON STOCK EXCH ORD GBP0.06918604 | 3 625.00 | 359 871.48 | 0.07 |
| GBP | M&G PLC ORD GBP0.05 | 26 919.00 | 46 591.94 | 0.01 |
| GBP | MONDI ORD EUR0.20 | 5 342.00 | 99 593.06 | 0.02 |
| GBP | MORRISON(W)SUPRMKT ORD GBP0.10 | 30 816.00 | 71 128.63 | 0.01 |
| GBP | NEXT ORD GBP0.10 | 1 433.00 | 86 171.49 | 0.02 |
| GBP | PEARSON ORD GBP0.25 | 8 268.00 | 47 367.49 | 0.01 |
| GBP | PERSIMMON ORD GBP0.10 | 3 688.00 | 104 548.75 | 0.02 |
| GBP | PRUDENTIAL ORD GBP0.05 | 29 454.00 | 381 254.37 | 0.08 |
| GBP | RIO TINTO ORD GBP0.10 | 12 369.00 | 659 535.11 | 0.13 |
| GBP | ROYAL BK SCOT GRP ORD GBP1 (POST CONS) | 56 046.00 | 76 461.15 | 0.02 |
| GBP | RSA INSURANCE GRP ORD GBP1.00 | 10 618.00 | 51 759.89 | 0.01 |
| GBP | SAINSBURY(J) ORD GBP0.28571428 | 20 114.00 | 48 241.86 | 0.01 |
| GBP | SCHRODERS VTG SHS GBP1 | 1 158.00 | 42 304.83 | 0.01 |
| GBP | SMITH & NEPHEW ORD USD0.20 | 9 729.00 | 197 499.15 | 0.04 |
| GBP | STANDARD CHARTERED ORD USD0.50 | 28 899.00 | 131 621.34 | 0.03 |
| GBP | STD LIFE ABERDEEN ORD GBP0.1396825396 | 25 301.00 | 80 795.27 | 0.02 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 37 617.00 | 66 782.47 | 0.01 |
| GBP | TESCO ORD GBP0.05 | 111 216.00 | 313 904.15 | 0.06 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 13 091.00 | 701 108.35 | 0.14 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 293 324.00 | 482 379.01 | 0.10 |
| Total United Kingdom |  | 10 463 982.27 | 2.13 |
| United States |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 4 024.00 | 73 830.59 | 0.02 |
| CAD	OVINTIV INC COM USD0.01 | 1 339.00 | 10 055.58 | 0.00 |
| Total United States |  | 83 886.17 | 0.02 |
| Total Registered shares |  | 70 988 256.81 | 14.48 |
| Depository receipts |  |  |  |
| Ireland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 6 033.00 | 103 922.11 | 0.02 |
| Total Ireland |  | 103 922.11 | 0.02 |
| Luxembourg |  |  |  |
| EUR	SES S.A. FDR EACH REP 1 'A' NPV | 4 038.00 | 29 887.57 | 0.00 |
| Total Luxembourg |  | 29 887.57 | 0.00 |
| The Netherlands |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 4 714.00 | 37 806.49 | 0.01 |
| Total The Netherlands |  | 37 806.49 | 0.01 |
| Total Depository receipts |  | 171 616.17 | 0.03 |
| Certificates on investment funds |  |  |  |
| Ireland |  |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 31.03.21	8 550 000.00 | 12 539 430.00 | 2.56 |
| Total Ireland | 12 539 430.00 | 2.56 |
| Total Certificates on investment funds | 12 539 430.00 | 2.56 |

Investment funds, closed end
| Canada |  |
| --- | --- |
| CAD | RIOCAN REAL ESTATE INVESTMENT TRUST | 1 366.00 | 14 389.35 | 0.00 |
| Total Canada |  | 14 389.35 | 0.00 |
| United Kingdom |  |  |  |
| GBP	SEGRO PLC REIT | 12 810.00 | 132 967.48 | 0.03 |
| Total United Kingdom |  | 132 967.48 | 0.03 |
| Total Investment funds, closed end |  | 147 356.83 | 0.03 |
| Rights |  |  |  |
| United Kingdom |  |  |  |
| GBP	WHITBREAD PLC-NIL RIGHTS 09.06.20 | 776.00 | 9 612.88 | 0.00 |
| Total United Kingdom |  | 9 612.88 | 0.00 |
| Total Rights |  | 9 612.88 | 0.00 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	3M CO 2.25000% 16-19.09.26 | 350 000.00 | 374 017.46 | 0.08 |
| USD	ABU DHABI,GOVERNMENT OF-REG-S 3.12500% 17-11.10.27 | 1 900 000.00 | 2 037 750.00 | 0.42 |
| USD	ALBERTA, PROVINCE OF 3.30000% 18-15.03.28 | 900 000.00 | 1 037 615.31 | 0.21 |
| USD	ALPHABET INC 1.99800% 16-15.08.26 | 1 025 000.00 | 1 108 781.76 | 0.23 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 700 000.00 | 746 030.74 | 0.15 |
| USD | APPLE INC 1.65000% 20-11.05.30 | 750 000.00 | 760 979.18 | 0.16 |
| USD | APPLE INC 2.20000% 19-11.09.29 | 800 000.00 | 858 769.76 | 0.18 |
| USD | APPLE INC 2.40000% 13-03.05.23 | 500 000.00 | 529 209.25 | 0.11 |
| USD | APPLE INC 2.45000% 16-04.08.26 | 1 300 000.00 | 1 417 082.42 | 0.29 |
| USD | APPLE INC 2.85000% 16-23.02.23 | 475 000.00 | 504 598.68 | 0.10 |
| USD | APPLE INC 3.20000% 17-11.05.27 | 775 000.00 | 874 518.91 | 0.18 |
| USD | ASIAN DEVELOPMENT BANK 2.62500% 19-30.01.24 | 525 000.00 | 567 414.75 | 0.12 |
| USD | BANK OF NOVA SCOTIA 2.00000% 19-15.11.22 | 330 000.00 | 339 101.59 | 0.07 |
| USD | BAYER US FINANCE II LLC-REG-S 3.87500% 18-15.12.23 | 500 000.00 | 539 297.00 | 0.11 |
| USD | BERKSHIRE HATHAWAY INC 2.20000% 16-15.03.21 | 525 000.00 | 531 689.86 | 0.11 |
| USD | BERKSHIRE HATHAWAY INC 3.12500% 16-15.03.26 | 525 000.00 | 586 961.34 | 0.12 |
| USD | BRITISH COLUMBIA, PROVINCE OF 1.75000% 19-27.09.24 | 250 000.00 | 261 617.50 | 0.05 |
| USD | CHEVRON CORP 2.23600% 20-11.05.30 | 1 071 000.00 | 1 125 279.35 | 0.23 |
| USD | CHEVRON CORP 2.41900% 15-17.11.20 | 500 000.00 | 503 579.75 | 0.10 |
| USD | CHEVRON CORP 3.19100% 13-24.06.23 | 675 000.00 | 725 562.84 | 0.15 |
| USD | COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.90000% 18-16.03.28 | 450 000.00 | 508 612.50 | 0.10 |
| USD | COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.35000% 19-04.06.24 | 500 000.00 | 539 775.00 | 0.11 |
| USD | CORPORACION ANDINA DE FOMENTO 4.37500% 12-15.06.22 | 625 000.00 | 653 912.50 | 0.13 |
| USD | COUNCIL OF EUROPE DEVELOPMENT BANK 1.62500% 16-16.03.21 | 200 000.00 | 201 859.78 | 0.04 |
| USD | DEXIA CREDIT LOCAL SA-REG-S 2.50000% 18-25.01.21 | 500 000.00 | 506 464.85 | 0.10 |
| USD | EQUINOR ASA 3.62500% 18-10.09.28 | 700 000.00 | 792 440.67 | 0.16 |
| USD | EUROPEAN INVESTMENT BANK 2.00000% 16-15.03.21 | 100 000.00 | 101 256.00 | 0.02 |
| USD | EUROPEAN INVESTMENT BANK 2.37500% 17-24.05.27 | 1 000 000.00 | 1 113 867.00 | 0.23 |
| USD | EXPORT DEVELOPMENT CANADA 2.00000% 17-17.05.22 | 200 000.00 | 206 495.84 | 0.04 |
| USD | EXPORT-IMPORT BANK OF KOREA 2.50000% 15-10.05.21 | 300 000.00 | 304 687.50 | 0.06 |
| USD | EXPORT-IMPORT BANK OF KOREA 3.25000% 15-10.11.25 | 700 000.00 | 776 562.50 | 0.16 |
| USD | EXPORT-IMPORT BANK OF KOREA 2.75000% 17-25.01.22 | 400 000.00 | 411 250.00 | 0.08 |
| USD | EXXON MOBIL CORP 3.04300% 16-01.03.26 | 1 075 000.00 | 1 190 813.40 | 0.24 |
| USD | EXXON MOBIL CORP 3.48200% 20-19.03.30 | 90 000.00 | 101 782.36 | 0.02 |
| USD | HSBC BANK PLC-REG-S 4.12500% 10-12.08.20 | 125 000.00 | 125 882.23 | 0.03 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.37500% 17-07.07.27 | 400 000.00 | 445 362.64 | 0.09 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.25000% 19-18.06.29 | 800 000.00 | 894 545.52 | 0.18 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.00000% 19-23.07.26 | 750 000.00 | 809 280.90 | 0.17 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 400 000.00 | 418 249.08 | 0.09 |
| USD | INTL BK FOR RECONSTR & DEVT WORLD BANK 1.75000% 19-23.10.29 | 500 000.00 | 539 570.00 | 0.11 |
| USD | JOHNSON & JOHNSON 2.45000% 16-01.03.26 | 1 050 000.00 | 1 148 490.11 | 0.23 |
| USD | JOHNSON & JOHNSON 2.90000% 17-15.01.28 | 250 000.00 | 281 111.48 | 0.06 |
| USD | JOHNSON & JOHNSON 3.37500% 13-05.12.23 | 300 000.00 | 332 049.60 | 0.07 |
| USD | KOREA DEVELOPMENT BANK 2.75000% 17-19.03.23 | 400 000.00 | 419 125.00 | 0.09 |
| USD | KOREA EAST-WEST POWER CO LTD-REG-S 3.87500% 18-19.07.23 | 610 000.00 | 660 896.88 | 0.13 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.00000% 12-19.09.22 | 200 000.00 | 208 125.00 | 0.04 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.12500% 17-25.07.27 | 800 000.00 | 857 500.00 | 0.17 |
| USD | KOREA SOUTH-EAST POWER CO LTD-REG-S 2.12500% 20-03.02.25 | 200 000.00 | 206 826.00 | 0.04 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.12500% 13-17.01.23 | 650 000.00 | 680 774.51 | 0.14 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 15-02.05.25 | 1 550 000.00 | 1 662 266.50 | 0.34 |
| USD | KUWAIT INTERNATIONAL GOVT BOND-REG-S 3.50000% 17-20.03.27 | 1 500 000.00 | 1 653 750.00 | 0.34 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 2.00000% 15-13.01.25 | 775 000.00 | 827 165.25 | 0.17 |
| USD | MICROSOFT CORP 2.65000% 15-03.11.22 | 900 000.00 | 948 020.40 | 0.19 |
| USD | MICROSOFT CORP 2.87500% 17-06.02.24 | 1 425 000.00 | 1 543 681.41 | 0.31 |
| USD | MICROSOFT CORP 3.30000% 17-06.02.27 | 1 500 000.00 | 1 722 750.15 | 0.35 |
| USD | NATIONAL AUSTRALIA BANK LTD/NY 2.50000% 16-12.07.26 | 800 000.00 | 841 840.00 | 0.17 |
| USD | NEW YORK LIFE GLOBAL FUNDING-REG-S 3.00000% 18-10.01.28 | 425 000.00 | 465 617.93 | 0.09 |
| USD | NORDIC INVESTMENT BANK 2.25000% 14-30.09.21 | 200 000.00 | 205 012.00 | 0.04 |
| USD | NOVARTIS CAPITAL CORP 2.40000% 12-21.09.22 | 850 000.00 | 887 230.51 | 0.18 |
| USD | NOVARTIS CAPITAL CORP 3.10000% 17-17.05.27 | 850 000.00 | 949 305.67 | 0.19 |
| USD | NOVARTIS CAPITAL CORP 2.20000% 20-14.08.30 | 600 000.00 | 634 210.56 | 0.13 |
| USD | QATAR, STATE OF-REG-S 2.37500% 16-02.06.21 | 1 250 000.00 | 1 262 890.63 | 0.26 |
| USD | QATAR, STATE OF-REG-S 3.37500% 19-14.03.24 | 300 000.00 | 318 843.75 | 0.07 |
| USD | QATAR, STATE OF-REG-S 4.00000% 19-14.03.29 | 875 000.00 | 986 562.50 | 0.20 |
| USD | QUEBEC, PROVINCE OF 2.50000% 16-20.04.26 | 1 150 000.00 | 1 255 754.00 | 0.26 |
| USD | ROCHE HOLDINGS INC-REG-S 3.62500% 18-17.09.28 | 800 000.00 | 935 054.16 | 0.19 |
| USD | SANOFI 4.00000% 11-29.03.21 | 350 000.00 | 360 473.54 | 0.07 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.25000% 12-06.01.23 | 400 000.00 | 417 044.04 | 0.09 |
| USD | SHELL INTERNATIONAL FINANCE BV 1.87500% 16-10.05.21 | 200 000.00 | 202 618.06 | 0.04 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.87500% 16-10.05.26 | 1 275 000.00 | 1 390 449.08 | 0.28 |
| USD | SINOPEC GROUP OVERSEAS DEV 2013-REG-S 4.37500% 13-17.10.23 | 300 000.00 | 326 367.00 | 0.07 |
| USD | STATE STREET CORP 2.40000% 20-24.01.30 | 208 000.00 | 220 905.13 | 0.05 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.70000% 13-15.01.24 | 350 000.00 | 384 679.75 | 0.08 |
| USD | VISA INC 3.15000% 15-14.12.25 | 1 000 000.00 | 1 123 541.90 | 0.23 |
| USD | WALMART INC 2.55000% 13-11.04.23 | 750 000.00 | 790 176.08 | 0.16 |
| USD | WALMART INC 3.70000% 18-26.06.28 | 1 500 000.00 | 1 774 902.30 | 0.36 |
| USD | WESTPAC BANKING CORP 2.85000% 16-13.05.26 | 1 241 000.00 | 1 331 468.90 | 0.27 |
| USD | WESTPAC BANKING CORP 3.35000% 17-08.03.27 | 300 000.00 | 332 436.00 | 0.07 |
| Total USD |  |  | 56 622 443.50 | 11.55 |
| Total Notes, fixed rate |  | 56 622 443.50 | 11.55 |
| Medium term notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AFRICAN DEVELOPMENT BANK 2.37500% 14-23.09.21 | 475 000.00 | 487 392.75 | 0.10 |
| USD	ASB FINANCE LTD-REG-S 2.12500% 16-01.09.21 | 400 000.00 | 401 037.40 | 0.08 |
| USD	ASIAN DEVELOPMENT BANK 2.62500% 17-12.01.27 | 750 000.00 | 842 044.05 | 0.17 |
| USD	ASIAN DEVELOPMENT BANK 2.00000% 17-16.02.22 | 950 000.00 | 977 084.50 | 0.20 |
| USD	ASIAN DEVELOPMENT BANK 2.50000% 17-02.11.27 | 1 000 000.00 | 1 125 732.60 | 0.23 |
| USD	ASIAN DEVELOPMENT BANK 1.75000% 19-19.09.29 | 1 000 000.00 | 1 074 911.80 | 0.22 |
| USD	BANK OF AMERICA CORP 3.24800% 16-21.10.27 | 725 000.00 | 792 346.41 | 0.16 |
| USD	BANK OF MONTREAL 1.90000% 16-27.08.21 | 300 000.00 | 305 131.80 | 0.06 |
| USD	CAISSE D'AMOR DE LA DETTE SOCIALE-REG-S 3.37500% 14-20.03.24 | 400 000.00 | 442 888.00 | 0.09 |
| USD	CLIFFORD CAPITAL PTE LTD-REG-S 1.73300% 19-10.09.24 | 650 000.00 | 662 460.50 | 0.14 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.15000% 17-19.09.27 | 150 000.00 | 161 568.00 | 0.03 |
| USD	CPPIB CAPITAL INC-REG-S 2.75000% 17-02.11.27 | 1 000 000.00 | 1 122 273.40 | 0.23 |
| USD	FINNVERA OYJ-REG-S 1.87500% 17-05.10.20 | 200 000.00 | 200 958.00 | 0.04 |
| USD	IDB TRUST SERVICES LTD-REG-S 2.26100% 17-26.09.22 | 800 000.00 | 825 144.64 | 0.17 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 350 000.00 | 380 810.50 | 0.08 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 17-22.11.27 | 1 305 000.00 | 1 473 619.05 | 0.30 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | JAPAN TOBACCO INC-REG-S 2.80000% 16-13.04.26 | 400 000.00 | 419 520.00 | 0.09 |
| USD | KOMMUNEKREDIT-REG-S 1.62500% 16-01.06.21 | 225 000.00 | 227 719.35 | 0.05 |
| USD | KOREA DEVELOPMENT BANK 1.75000% 20-18.02.25 | 225 000.00 | 230 945.96 | 0.05 |
| USD | LANDESKREDITBANK B-WUERTT FOERDBK-REG-S 1.37500% 16-21.07.21 | 250 000.00 | 252 711.00 | 0.05 |
| USD | MACQUARIE GROUP LTD-REG-S 6.25000% 11-14.01.21 | 250 000.00 | 257 140.00 | 0.05 |
| USD | MDGH - GMTN BV-REG-S 3.00000% 17-19.04.24 | 600 000.00 | 625 500.00 | 0.13 |
| USD | MUNICIPALITY FINANCE PLC-REG-S 1.87500% 17-18.09.20 | 200 000.00 | 200 808.00 | 0.04 |
| USD | NEDERLANDSE WATERSCHAPSBK NV-REG-S 3.00000% 18-21.12.21 | 200 000.00 | 207 992.80 | 0.04 |
| USD | NESTLE HOLDINGS INC-REG-S 1.87500% 16-09.03.21 | 500 000.00 | 503 450.00 | 0.10 |
| USD | NESTLE HOLDINGS INC-REG-S 2.37500% 17-18.01.22 | 325 000.00 | 334 176.86 | 0.07 |
| USD | NESTLE HOLDINGS INC-REG-S 3.12500% 18-22.03.23 | 415 000.00 | 440 908.45 | 0.09 |
| USD | NISSAN MOTOR ACCEPTANCE CORP-REG-S 2.60000% 17-28.09.22 | 100 000.00 | 92 567.90 | 0.02 |
| USD | NORDRHEIN-WESTFALEN, STATE OF-REG-S 2.25000% 15-16.04.25 | 200 000.00 | 215 338.40 | 0.04 |
| USD | SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 2.50000% 20-03.02.27 | 600 000.00 | 603 600.00 | 0.12 |
| USD | SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 400 000.00 | 434 940.00 | 0.09 |
| USD | SUMITOMO MITSUI BANKING CORP-REG-S 2.44000% 19-18.06.24 | 418 000.00 | 432 922.60 | 0.09 |
| USD | SVENSK EXPORTKREDIT AB 1.75000% 16-10.03.21 | 200 000.00 | 202 156.46 | 0.04 |
| USD | TOYOTA MOTOR CREDIT CORP 2.60000% 17-11.01.22 | 350 000.00 | 359 177.14 | 0.07 |
| USD | TOYOTA MOTOR FINANCE NL BV-REG-S 2.76400% 19-26.04.21 | 450 000.00 | 453 139.11 | 0.09 |
| Total USD |  |  | 17 770 117.43 | 3.62 |
| Total Medium term notes, fixed rate |  | 17 770 117.43 | 3.62 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	BNG BANK NV-REG-S 2.62500% 14-28.04.21 | 350 000.00 | 356 677.65 | 0.07 |
| USD	BNG BANK NV-REG-S 2.37500% 16-16.03.26 | 450 000.00 | 490 876.11 | 0.10 |
| USD	CAISSE D'AMORTIS DE LA DETTE SOC-REG-S 1.87500% 15-12.02.22 | 475 000.00 | 486 813.25 | 0.10 |
| USD	CANADIAN IMPERIAL BANK OF COM/CAN-REG-S 2.35000% 17-27.07.22 | 350 000.00 | 360 573.89 | 0.07 |
| USD	CENTRAL JAPAN RAILWAY CO-REG-S 3.40000% 18-06.09.23 | 400 000.00 | 423 504.68 | 0.09 |
| USD	DBS BANK LTD-REG-S 3.30000% 18-27.11.21 | 480 000.00 | 499 050.10 | 0.10 |
| USD	DNB BOLIGKREDITT AS-REG-S 2.50000% 17-28.03.22 | 500 000.00 | 516 265.00 | 0.11 |
| USD	EUROPEAN INVESTMENT BANK 1.87500% 15-10.02.25 | 1 750 000.00 | 1 863 250.55 | 0.38 |
| USD	FAB SUKUK CO LTD-REG-S 3.87500% 19-22.01.24 | 300 000.00 | 318 375.00 | 0.06 |
| USD	FEDERAL HOME LOAN BANK SYSTEM 2.00000% 12-09.09.22 | 600 000.00 | 623 406.24 | 0.13 |
| USD	FMS WERTMANAGEMENT 2.00000% 17-01.08.22 | 375 000.00 | 388 312.09 | 0.08 |
| USD	ING BANK NV-REG-S 2.62500% 12-05.12.22 | 250 000.00 | 261 805.82 | 0.05 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 14-25.11.24 | 675 000.00 | 735 473.25 | 0.15 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 15-29.07.25 | 750 000.00 | 824 400.00 | 0.17 |
| USD	KOREA GAS CORP-REG-S 2.87500% 19-16.07.29 | 300 000.00 | 322 125.00 | 0.07 |
| USD	KOREA NATIONAL OIL CORP-REG-S 3.25000% 14-10.07.24 | 450 000.00 | 482 906.25 | 0.10 |
| USD	KOREA, REPUBLIC OF 3.87500% 13-11.09.23 | 600 000.00 | 655 687.50 | 0.13 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.50000% 14-20.11.24 | 625 000.00 | 681 241.06 | 0.14 |
| USD	MORGAN STANLEY 5.50000% 10-24.07.20 | 450 000.00 | 453 208.50 | 0.09 |
| USD	NATIONWIDE BUILDING SOCIETY-REG-S 1.70000% 20-13.02.23 | 583 000.00 | 596 546.06 | 0.12 |
| USD	NOVARTIS CAPITAL CORP 3.40000% 14-06.05.24 | 200 000.00 | 220 382.94 | 0.04 |
| USD	OESTERREICHISCHE KONTROLLBANK AG 2.37500% 14-01.10.21 | 325 000.00 | 333 839.12 | 0.07 |
| USD	ONTARIO, PROVINCE OF 3.20000% 14-16.05.24 | 750 000.00 | 822 330.07 | 0.17 |
| USD	ONTARIO, PROVINCE OF 2.50000% 16-27.04.26 | 700 000.00 | 762 972.00 | 0.16 |
| USD	ROYAL BANK OF CANADA 2.10000% 15-14.10.20 | 375 000.00 | 377 236.65 | 0.08 |
| USD	ROYAL BANK OF CANADA-REG-S 3.35000% 18-22.10.21 | 500 000.00 | 518 575.05 | 0.11 |
| USD	SWEDBANK AB-REG-S 2.80000% 17-14.03.22 | 200 000.00 | 206 310.80 | 0.04 |
| Total USD |  | 14 582 144.63 | 2.98 |
| Total Bonds, fixed rate |  | 14 582 144.63 | 2.98 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.62500% 19-15.02.29 | 402 000.00 | 471 580.53 | 0.10 |
| USD	AMERICA, UNITED STATES OF 1.50000% 15-31.01.22 | 5 000.00 | 5 109.76 | 0.00 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 50 000.00 | 55 875.00 | 0.01 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 10 000.00 | 10 457.81 | 0.00 |
| USD	AMERICA, UNITED STATES OF 0.62500% 20-15.05.30 | 1 000.00 | 997.85 | 0.00 |
| Total USD |  | 544 020.95 | 0.11 |
| Total Treasury notes, fixed rate |  | 544 020.95 | 0.11 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 236 395 272.82 | 48.21 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury bills, zero coupon |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 26.03.20-24.09.20 | 5 000.00 | 4 997.32 | 0.00 |
| Total USD |  | 4 997.32 | 0.00 |
| Total Treasury bills, zero coupon |  | 4 997.32 | 0.00 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	ALTRIA GROUP INC 2.85000% 12-09.08.22 | 500 000.00 | 519 035.50 | 0.11 |
| USD	FANNIE MAE 2.12500% 16-24.04.26 | 1 300 000.00 | 1 413 066.46 | 0.29 |
| USD	HSBC HOLDINGS PLC 4.87500% 11-14.01.22 | 275 000.00 | 291 537.40 | 0.06 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.45000% 15-23.11.20 | 250 000.00 | 252 514.60 | 0.05 |
| USD	NATIONAL AUSTRALIA BANK LTD NEW YORK 2.87500% 18-12.04.23 | 250 000.00 | 260 846.47 | 0.05 |
| USD	NATIONAL AUSTRALIA BANK LTD-144A 3.50000% 17-10.01.27 | 500 000.00 | 548 270.00 | 0.11 |
| USD	NEW YORK LIFE GLOBAL FUNDING-REG-S 1.95000% 17-28.09.20 | 200 000.00 | 200 985.42 | 0.04 |
| USD	PROCTER & GAMBLE CO 2.30000% 12-06.02.22 | 650 000.00 | 675 459.98 | 0.14 |
| Total USD |  | 4 161 715.83 | 0.85 |
| Total Notes, fixed rate |  | 4 161 715.83 | 0.85 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
| 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 | GOLDMAN SACHS GROUP INC/THE 3.85000% 14-08.07.24 | 350 000.00 | 380 755.86 | 0.08 |
| USD | GUARDIAN LIFE GLOBAL FUNDING-REG-S 2.00000% 16-26.04.21 | 450 000.00 | 456 141.47 | 0.09 |
| Total USD |  |  | 836 897.33 | 0.17 |
| Total Medium term notes, fixed rate |  | 836 897.33 | 0.17 |
| Medium term notes, zero coupon |  |  |  |
| USD |  |  |  |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.00000% 00-01.05.30 | 500 000.00 | 432 743.78 | 0.09 |
| Total USD |  | 432 743.78 | 0.09 |
| Total Medium term notes, zero coupon |  | 432 743.78 | 0.09 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 1.62500% 19-17.10.22 | 250 000.00 | 255 339.42 | 0.05 |
| Total USD |  | 255 339.42 | 0.05 |
| Total Bonds, fixed rate |  | 255 339.42 | 0.05 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 5 691 693.68 | 1.16 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Rights
| Italy |  |
| --- | --- |
| EUR | DAVIDE CAMPARI-MILANO SPA RIGHTS 21.06.20 | 6 932.00 | 0.00 | 0.00 |
| Total Italy |  | 0.00 | 0.00 |
| Total Rights |  | 0.00 | 0.00 |
| Registered shares |  |  |  |
| United Arab Emirates |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 997.00 | 0.01 | 0.00 |
| Total United Arab Emirates |  | 0.01 | 0.00 |
| Total Registered shares |  | 0.01 | 0.00 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.95000% 18-11.01.25 | 350 000.00 | 375 715.86 | 0.08 |
| USD	SVENSKA HANDELSBANKEN AB 1.95000% 17-08.09.20 | 250 000.00 | 251 008.75 | 0.05 |
| USD	US BANK NA/CINCINNATI OH 2.65000% 19-23.05.22 | 400 000.00 | 415 582.36 | 0.08 |
| Total USD |  | 1 042 306.97 | 0.21 |
| Total Notes, fixed rate |  | 1 042 306.97 | 0.21 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	HSBC BANK CANADA-REG-S 3.30000% 18-28.11.21 | 600 000.00 | 622 291.26 | 0.13 |
| USD	HSBC BANK CANADA-REG-S 1.65000% 19-10.09.22 | 300 000.00 | 305 895.15 | 0.06 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.75000% 17-22.06.24 | 250 000.00 | 266 686.93 | 0.06 |
| Total USD |  | 1 194 873.34 | 0.25 |
| Total Bonds, fixed rate | 1 194 873.34 | 0.25 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market | 2 237 180.32 | 0.46 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Ireland |  |  |
| USD	MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP	53 799.38 | 6 736 220.62 | 1.37 |
| USD	UBS (IRL) ETF PLC-MSCI USA UCITS-ACC-A-USD-ETF	2 231 803.00 | 36 896 167.20 | 7.53 |
| USD	UBS ETFS PLC - MSCI USA TRN INDEX SF (USD) A-ACC	1 146 464.00 | 94 537 421.44 | 19.28 |
| Total Ireland | 138 169 809.26 | 28.18 |
| Luxembourg |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP	943.29 | 10 267 847.47 | 2.09 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP	56 792.37 | 6 437 983.06 | 1.31 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP	613 380.11 | 6 802 385.36 | 1.39 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC	72 745.00 | 7 963 395.15 | 1.62 |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC	38 766.00 | 12 093 441.36 | 2.47 |
| USD	UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC	107 759.00 | 12 040 990.66 | 2.46 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 9 567.00 | 18 162 471.15 | 3.71 |
| USD | UBS (LUX) MONEY MARKET FUND - USD U-X-ACC | 1.00 | 11 197.66 | 0.00 |
| Total Luxembourg | 73 779 711.87 | 15.05 |
| Total Investment funds, open end | 211 949 521.13 | 43.23 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 211 949 521.13 | 43.23 |
| Total investments in securities | 456 273 667.95 | 93.06 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange |
| Financial Futures on bonds |
|  |  |  |  |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.20 | 437.00 | 47 796.44 | 0.01 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.20 | 422.00 | 135 171.66 | 0.03 |
| USD	US LONG BOND FUTURE 21.09.20 | 11.00 | 10 398.43 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.20 | 113.00 | 91 812.50 | 0.02 |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.20 | 159.00 | 79 500.00 | 0.01 |
| Total Financial Futures on bonds |  | 364 679.03 | 0.07 |
| Financial Futures on Indices |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 19.06.20 | -1 420.00 | -11 147 026.20 | -2.27 |
| CHF	SWISS MARKET INDEX FUTURE 19.06.20 | -11.00 | -10 024.98 | 0.00 |
| GBP	FTSE 100 INDEX FUTURE 19.06.20 | -11.00 | -23 808.13 | 0.00 |
| SGD	MSCI SINGAPORE INDEX FUTURE 29.06.20 | 1.00 | -173.34 | 0.00 |
| USD	S&P500 EMINI FUTURE 19.06.20 | -602.00 | -11 353 189.00 | -2.32 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 19.06.20 | 1.00 | 6 935.00 | 0.00 |
| AUD	SPI 200 INDEX FUTURES 18.06.20 | -113.00 | -1 674 933.35 | -0.34 |
| JPY	TOPIX INDX FUTURE 11.06.20 | -7.00 | -72 040.19 | -0.02 |
| HKD	HANG SENG INDEX FUTURE 29.06.20 | 1.00 | -1 389.19 | 0.00 |
| CAD	S&P/TSX 60 INDEX FUTURE 18.06.20 | -118.00 | -1 678 989.53 | -0.34 |
| Total Financial Futures on Indices |  | -25 954 638.91 | -5.29 |
| Total Derivative instruments listed on an official stock exchange |  | -25 589 959.88 | -5.22 |
| Total Derivative instruments |  | -25 589 959.88 | -5.22 |
| Forward Foreign Exchange contracts |  |  |  |
| Forward Foreign Exchange contracts (Purchase/Sale) |  |  |  |

| USD | 413 119.86 | CHF | 400 000.00 | 24.6.2020 | -3 526.55 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 6 246 367.65 | AUD | 9 850 000.00 | 24.6.2020 | -292 181.37 | -0.06 |
| HKD | 250 000.00 | USD | 32 236.24 | 24.6.2020 | 1.86 | 0.00 |
| JPY | 96 270 000.00 | USD | 895 349.98 | 24.6.2020 | -1 474.79 | 0.00 |
| USD | 73 617.62 | SGD | 105 000.00 | 24.6.2020 | -675.76 | 0.00 |
| USD | 9 005 386.05 | CAD | 12 735 000.00 | 24.6.2020 | -208 328.16 | -0.04 |
| GBP | 1 646 000.00 | USD | 2 034 520.19 | 24.6.2020 | 630.55 | 0.00 |
| USD | 6 485 301.57 | CHF | 6 272 000.00 | 24.6.2020 | -47 714.18 | -0.01 |
| USD | 26 021 372.00 | EUR | 23 920 000.00 | 24.6.2020 | -598 536.87 | -0.12 |
| USD | 170 727.01 | CAD | 240 000.00 | 24.6.2020 | -2 911.89 | 0.00 |
| AUD | 170 000.00 | USD | 110 899.67 | 24.6.2020 | 1 948.38 | 0.00 |
| CHF | 100 000.00 | USD | 102 818.99 | 24.6.2020 | 1 342.61 | 0.00 |
| JPY | 8 500 000.00 | USD | 79 744.52 | 24.6.2020 | -821.29 | 0.00 |
| USD | 694 736.36 | EUR | 635 000.00 | 24.6.2020 | -11 937.64 | 0.00 |
| USD | 298 890.58 | CAD | 415 000.00 | 24.6.2020 | -1 360.02 | 0.00 |
| USD | 724 986.11 | JPY | 77 500 000.00 | 24.6.2020 | 5 391.98 | 0.00 |
| USD | 1 021 647.33 | GBP | 810 000.00 | 24.6.2020 | 20 145.45 | 0.01 |
| USD | 51 965.76 | CHF | 50 000.00 | 24.6.2020 | -115.04 | 0.00 |
| USD | 261 688.35 | GBP | 210 000.00 | 24.6.2020 | 2 039.71 | 0.00 |
| EUR | 650 000.00 | USD | 709 070.05 | 24.6.2020 | 14 297.04 | 0.01 |
| USD | 51 322.58 | CHF | 50 000.00 | 24.6.2020 | -758.22 | 0.00 |
| USD | 325 468.89 | EUR | 300 000.00 | 24.6.2020 | -8 392.84 | 0.00 |
| USD | 256 677.34 | JPY | 27 500 000.00 | 24.6.2020 | 1 337.49 | 0.00 |
| USD | 256 808.46 | JPY | 27 500 000.00 | 22.7.2020 | 1 356.37 | 0.00 |
| USD | 6 103 673.80 | AUD | 9 400 000.00 | 22.7.2020 | -136 057.75 | -0.03 |
| USD | 2 105 979.78 | JPY | 226 130 000.00 | 22.7.2020 | 5 420.47 | 0.00 |
| USD | 3 280 369.82 | GBP | 2 656 000.00 | 22.7.2020 | -3 942.20 | 0.00 |
| USD | 74 133.17 | SGD | 105 000.00 | 22.7.2020 | -167.89 | 0.00 |
| USD | 9 604 130.50 | CAD | 13 454 000.00 | 22.7.2020 | -129 826.43 | -0.03 |
| HKD | 250 000.00 | USD | 32 227.55 | 22.7.2020 | -12.88 | 0.00 |
| USD | 8 115 674.91 | CHF | 7 873 000.00 | 22.7.2020 | -91 743.75 | -0.02 |
| USD | 34 608 997.29 | EUR | 31 942 000.00 | 22.7.2020 | -959 667.47 | -0.20 |
| EUR | 450 000.00 | USD | 488 566.35 | 22.7.2020 | 12 526.23 | 0.00 |
| EUR | 450 000.00 | USD | 488 265.30 | 24.6.2020 | 12 527.30 | 0.00 |
| CAD | 650 000.00 | USD | 462 811.33 | 24.6.2020 | 7 460.70 | 0.00 |
| AUD | 500 000.00 | USD | 324 040.50 | 24.6.2020 | 7 865.54 | 0.00 |
| CAD | 650 000.00 | USD | 462 852.19 | 22.7.2020 | 7 422.23 | 0.00 |
| AUD | 500 000.00 | USD | 324 054.00 | 22.7.2020 | 7 846.61 | 0.00 |
| JPY | 30 000 000.00 | USD | 280 524.06 | 22.7.2020 | -1 849.05 | 0.00 |
| JPY | 30 000 000.00 | USD | 280 374.36 | 24.6.2020 | -1 821.79 | 0.00 |
| SGD | 13 397 000.00 | USD | 9 391 978.58 | 23.6.2020 | 87 061.58 | 0.02 |
| EUR | 108 837 500.00 | USD | 117 631 025.81 | 23.6.2020 | 3 483 881.28 | 0.71 |
| GBP | 6 637 900.00 | USD | 8 041 363.15 | 23.6.2020 | 165 775.10 | 0.03 |
| CHF | 80 032 000.00 | USD | 82 372 957.07 | 23.6.2020 | 982 711.20 | 0.20 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Forward Foreign Exchange contracts (Continued)
Forward Foreign Exchange contracts (Purchase/Sale)
| USD | 1 244 214.45 | CHF | 1 207 000.00 | 23.6.2020 | -12 911.34 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 113 622.65 | GBP | 92 900.00 | 23.6.2020 | -1 239.45 | 0.00 |
| USD | 218 950.73 | CHF | 212 500.00 | 23.6.2020 | -2 374.23 | 0.00 |
| USD | 343 219.27 | EUR | 314 900.00 | 23.6.2020 | -7 203.00 | 0.00 |
| USD | 1 410 855.14 | CHF | 1 362 800.00 | 23.6.2020 | -8 540.91 | 0.00 |
| USD | 471 147.99 | EUR | 430 000.00 | 24.6.2020 | -7 387.16 | 0.00 |
| GBP | 250 000.00 | USD | 307 760.25 | 24.6.2020 | 1 345.27 | 0.00 |
| USD | 471 428.78 | EUR | 430 000.00 | 22.7.2020 | -7 393.02 | 0.00 |
| GBP | 250 000.00 | USD | 307 799.50 | 22.7.2020 | 1 341.31 | 0.00 |
| SGD | 348 600.00 | USD | 245 712.37 | 23.6.2020 | 939.37 | 0.00 |
| USD | 386 138.55 | EUR | 350 000.00 | 22.7.2020 | -3 600.12 | 0.00 |
| USD | 385 907.90 | EUR | 350 000.00 | 24.6.2020 | -3 597.46 | 0.00 |
| USD | 770 345.53 | JPY | 82 500 000.00 | 22.7.2020 | 3 989.26 | 0.00 |
| USD | 769 974.54 | JPY | 82 500 000.00 | 24.6.2020 | 3 954.98 | 0.00 |
| USD | 444 230.80 | EUR | 400 000.00 | 24.6.2020 | -918.18 | 0.00 |
| USD | 156 471.93 | AUD | 235 000.00 | 24.6.2020 | 476.09 | 0.00 |
| USD | 156 469.82 | AUD | 235 000.00 | 22.7.2020 | 476.53 | 0.00 |
| USD | 444 499.60 | EUR | 400 000.00 | 22.7.2020 | -916.03 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | 2 281 607.76 | 0.47 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 57 507 261.26 | 11.73 |
| Bank overdraft and other short-term liabilities | -62 685.00 | -0.01 |
| Other assets and liabilities | -121 323.54 | -0.03 |
| Total net assets | 490 288 568.55 | 100.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2020

Translation (ENDE, 2020-05-31):
# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Dynamic (USD)
| Dreijahresvergleich |  |
| --- | --- |
|  | ISIN | 31.5.2020 | 31.5.2019 | 31.5.2018 |
| Nettovermögen in USD |  | 490 288 568.55 | 531 905 248.10 | 449 170 847.39 |
| Klasse K-1-acc | LU1622991310 |  |  |  |
| Aktien im Umlauf |  | 4.4000 | 2.1000 | 2.4000 |
| Nettoinventarwert pro Aktie in USD |  | 5 288 421.08 | 5 438 272.62 | 5 380 103.20 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 5 288 421.08 | 5 438 272.62 | 5 387 097.33 |
| Klasse (EUR hedged) K-1-acc | LU1622991401 |  |  |  |
| Aktien im Umlauf |  | 7.7000 | 11.3000 | 7.4000 |
| Nettoinventarwert pro Aktie in EUR |  | 2 909 247.15 | 3 061 446.40 | 3 118 040.35 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 2 909 247.15 | 3 061 446.40 | 3 122 093.80 |
| Klasse K-X-acc 2 | LU1807254237 |  |  |  |
| Aktien im Umlauf |  | - | 115 000.0000 | - |
| Nettoinventarwert pro Aktie in USD |  | - | 99.56 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | - | 99.56 | - |
| Klasse P-4%-mdist | LU1599188155 |  |  |  |
| Aktien im Umlauf |  | 198 346.4570 | 205 611.5260 | 250 358.7160 |
| Nettoinventarwert pro Aktie in USD |  | 93.44 | 100.48 | 103.98 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 93.44 | 100.48 | 104.12 |
| Klasse P-acc | LU1599187934 |  |  |  |
| Aktien im Umlauf |  | 1 456 136.2970 | 1 335 014.9300 | 1 224 045.5890 |
| Nettoinventarwert pro Aktie in USD |  | 104.88 | 108.42 | 107.83 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 104.88 | 108.42 | 107.97 |
| Klasse (CHF hedged) P-acc | LU1599188239 |  |  |  |
| Aktien im Umlauf |  | 440 693.3080 | 469 504.4440 | 327 402.6990 |
| Nettoinventarwert pro Aktie in CHF |  | 96.08 | 102.19 | 105.06 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 96.08 | 102.19 | 105.20 |
| Klasse (EUR hedged) P-acc | LU1599188403 |  |  |  |
| Aktien im Umlauf |  | 411 392.3630 | 498 600.4010 | 520 493.7610 |
| Nettoinventarwert pro Aktie in EUR |  | 97.45 | 103.10 | 105.56 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 97.45 | 103.10 | 105.70 |
| Klasse (GBP hedged) P-acc | LU1616912678 |  |  |  |
| Aktien im Umlauf |  | 24 783.9720 | 35 387.9960 | 38 566.8700 |
| Nettoinventarwert pro Aktie in GBP |  | 99.77 | 105.04 | 106.31 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | 99.77 | 105.04 | 106.45 |
| Klasse (SGD hedged) P-acc | LU1599188668 |  |  |  |
| Aktien im Umlauf |  | 133 829.7260 | 144 118.4140 | 132 224.5660 |
| Nettoinventarwert pro Aktie in SGD |  | 102.92 | 107.07 | 107.22 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 |  | 102.92 | 107.07 | 107.36 |
| Klasse Q-4%-mdist 3 | LU1898250995 |  |  |  |
| Aktien im Umlauf |  | 57 759.6350 | 68 881.1740 | - |
| Nettoinventarwert pro Aktie in USD |  | 95.22 | 101.51 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 95.22 | 101.51 | - |
| Klasse Q-acc | LU1599188072 |  |  |  |
| Aktien im Umlauf |  | 625 012.9500 | 537 450.9870 | 209 500.3440 |
| Nettoinventarwert pro Aktie in USD |  | 107.61 | 110.29 | 108.76 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 107.61 | 110.29 | 108.90 |
| Klasse (CHF hedged) Q-acc | LU1599188312 |  |  |  |
| Aktien im Umlauf |  | 371 047.5400 | 445 784.0190 | 317 383.7310 |
| Nettoinventarwert pro Aktie in CHF |  | 98.59 | 103.96 | 105.97 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 98.59 | 103.96 | 106.11 |
| Klasse (EUR hedged) Q-acc | LU1599188585 |  |  |  |
| Aktien im Umlauf |  | 479 671.8800 | 575 694.3890 | 616 063.5740 |
| Nettoinventarwert pro Aktie in EUR |  | 99.99 | 104.89 | 106.48 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 99.99 | 104.89 | 106.62 |
| Klasse (GBP hedged) Q-acc | LU1616912751 |  |  |  |
| Aktien im Umlauf |  | 41 822.0230 | 17 037.0830 | 12 460.2540 |
| Nettoinventarwert pro Aktie in GBP |  | 100.50 | 104.91 | 105.28 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | 100.50 | 104.91 | 105.42 |
| Klasse (SEK hedged) Q-acc 4 | LU1599188825 |  |  |  |

| Aktien im Umlauf | - | 33 381.1640 | 10 714.2860 |
| --- | --- | --- | --- |
| Nettoinventarwert pro Aktie in SEK | - | 662.58 | 672.23 |
| Ausgabe- und Rücknahmepreis pro Aktie in SEK 1 | - | 662.58 | 673.10 |
| 1  Siehe Erläuterung 1 2  Für die Periode vom 5.10.2018 bis zum 25.2.2020 war die Aktienklasse K-X-acc im Umlauf 3  Erste NAV 5.11.2018 4  Für die Periode vom 1.2.2018 bis zum 23.4.2020 war die Aktienklasse (SEK hedged) Q-acc im Umlauf |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Performance |  |
| --- | --- |
|  | Währung | 2019/2020 | 2018/2019 | 2017/2018 |
| Klasse K-1-acc | USD | -2.8% | 0.9% | - |
| Klasse (EUR hedged) K-1-acc | EUR | -5.0% | -1.9% | - |
| Klasse K-X-acc 1 | USD | - | - | - |
| Klasse P-4%-mdist | USD | -3.3% | 0.4% | - |
| Klasse P-acc | USD | -3.3% | 0.4% | 8.0% |
| Klasse (CHF hedged) P-acc | CHF | -6.0% | -2.9% | 5.2% |
| Klasse (EUR hedged) P-acc | EUR | -5.5% | -2.5% | 5.7% |
| Klasse (GBP hedged) P-acc | GBP | -5.0% | -1.3% | 6.5% |
| Klasse (SGD hedged) P-acc | SGD | -3.9% | -0.3% | 7.4% |
| Klasse Q-4%-mdist | USD | -2.4% | - | - |
| Klasse Q-acc | USD | -2.4% | 1.3% | 8.9% |
| Klasse (CHF hedged) Q-acc | CHF | -5.2% | -2.0% | 6.1% |
| Klasse (EUR hedged) Q-acc | EUR | -4.7% | -1.6% | 6.6% |
| Klasse (GBP hedged) Q-acc | GBP | -4.2% | -0.5% | - |
| Klasse (SEK hedged) Q-acc 2 | SEK | - | -1.6% | - |

1 
Für die Periode vom 5.10.2018 bis zum 25.2.2020 war die Aktienklasse K-X-acc im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2020 vor.
2 
Für die Periode vom 1.2.2018 bis zum 23.4.2020 war die Aktienklasse (SEK hedged) Q-acc im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2020 vor.
Die historische Performance stellt keinen Indikator für die laufende oder zukünftige Performance dar.
Die Performancedaten lassen die bei der Ausgabe und Rücknahme der Aktien erhobenen Kommissionen und Kosten unberücksichtigt. Die Performancedaten sind ungeprüft.
Der Subfonds verfügt über keine Benchmark.
UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020

## Bericht des Portfolio Managers
Das Rechnungsjahr vom 1. Juni 2019 bis zum 31. Mai 2020 war zunächst vom reichlichen Angebot an Zentral- bankliquidität und der Markterwartung anhaltend nied- riger Zinssätze geprägt. Vor diesem Hintergrund erzielten sowohl traditionelle defensive als auch risikoreichere Anlagen positive relative Erträge.
Im März, etwa zwei Wochen vor der Talsohle an den Aktienmärkten, verringerte die Strategie das Risiko in zwei Schritten. Trotz einer Erholung ab April 2020 wies der Subfonds im Rechnungsjahr einen negativen Ertrag aus.
Die bedeutendste Entwicklung seit dem Jahresende war der Ausbruch von Covid-19, die zunächst in China auf- trat, aber mittlerweile die meisten Kontinente erfasst hat. Derzeit ist es nicht möglich, abzuschätzen, wie dieses neu entstehende Risiko die Unternehmen in unserem Portfo- lio genau beeinflussen wird. Doch die Besorgnis über die Auswirkungen auf die Weltwirtschaft nimmt zu. An den Finanzmärkten ist es in den letzten Wochen zu bedeuten- den Korrekturen gekommen. Der Verwaltungsrat und die Manager behalten die Bemühungen der Regierungen zur Eindämmung der Virusausbreitung aufmerksam im Auge und beobachten die möglichen wirtschaftlichen Auswir- kungen auf die Unternehmen in unserem Portfolio.
UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Irland | 31.04 |
| --- | --- |
| Luxemburg | 15.74 |
| Vereinigte Staaten | 8.84 |
| Japan | 5.63 |
| Kanada | 4.78 |
| Grossbritannien | 4.03 |
| Deutschland | 3.66 |
| Frankreich | 3.64 |
| Schweiz | 3.17 |
| Australien | 2.97 |
| Niederlande | 2.33 |
| Südkorea | 1.13 |
| Philippinen | 0.94 |
| Spanien | 0.73 |
| Italien | 0.60 |
| Katar | 0.52 |
| Vereinigte Arabische Emirate | 0.42 |
| Finnland | 0.40 |
| Supranational | 0.35 |
| Kuwait | 0.34 |
| Singapur | 0.33 |
| Belgien | 0.27 |
| Norwegen | 0.27 |
| Jersey | 0.21 |
| Schweden | 0.13 |
| Saudiarabia | 0.12 |
| Österreich | 0.12 |
| Neuseeland | 0.08 |
| Britische Jungferninseln | 0.07 |
| Cayman-Inseln | 0.07 |
| Portugal | 0.06 |
| Dänemark | 0.05 |
| Isle of Man | 0.01 |
| Papua-Neuguinea | 0.01 |
| Total | 93.06 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Anlagefonds | 43.26 |
| --- | --- |
| Finanz- & Beteiligungsgesellschaften | 7.82 |
| Banken & Kreditinstitute | 6.96 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 3.51 |
| Supranationale Organisationen | 3.21 |
| Internet, Software & IT-Dienste | 2.41 |
| Erdöl | 2.20 |
| Elektronik & Halbleiter | 1.48 |
| Energie- & Wasserversorgung | 1.48 |
| Kantone, Bundesstaaten | 1.30 |
| Nahrungsmittel & Softdrinks | 1.27 |
| Detailhandel, Warenhäuser | 1.25 |
| Länder- & Zentralregierungen | 1.23 |
| Computer & Netzwerkausrüster | 1.17 |
| Versicherungen | 1.17 |
| Chemie | 1.13 |
| Telekommunikation | 1.02 |
| Tabak & alkoholische Getränke | 0.96 |
| Diverse Dienstleistungen | 0.92 |
| Verkehr & Transport | 0.88 |
| Fahrzeuge | 0.85 |
| Baugewerbe & Baumaterial | 0.68 |
| Diverse Konsumgüter | 0.66 |
| Immobilien | 0.65 |
| Textilien, Kleidung & Lederwaren | 0.56 |
| Bergbau, Kohle & Stahl | 0.49 |
| Maschinen & Apparate | 0.49 |
| Elektrische Geräte & Komponenten | 0.47 |
| Biotechnologie | 0.45 |
| Öffentlich-rechtliche Körperschaften | 0.38 |
| Grafisches Gewerbe, Verlage & Medien | 0.35 |
| Nichteisenmetalle | 0.32 |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 0.31 |
| Edelmetalle und -steine | 0.31 |
| Flugzeug- & Raumfahrtindustrie | 0.24 |
| Diverse Handelsfirmen | 0.23 |
| Gastgewerbe & Freizeit | 0.21 |
| Diverse Investitionsgüter | 0.20 |
| Forstwirtschaft, Holz & Papier | 0.12 |
| Gummi & Reifen | 0.10 |
| Gesundheits- & Sozialwesen | 0.10 |
| Uhren & Schmuck | 0.09 |
| Diverse nicht klassierte Gesellschaften | 0.06 |
| Landwirtschaft & Fischerei | 0.05 |
| Photo & Optik | 0.03 |
| Verpackungsindustrie | 0.03 |
| Total | 93.06 |


## Nettovermögensaufstellung
Aktiva	31.5.2020
USD
Wertpapierbestand, Einstandswert	447 305 577.85
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	8 968 090.10	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 456 273 667.95 |
| Bankguthaben, Sicht- und Fristgelder | 12 553 446.54 |
| Andere liquide Mittel (Margins) | 44 953 814.72 |
| Forderungen aus Wertpapierverkäufen (Erläuterung 1) | 1 429 787.27 |
| Forderungen aus Zeichnungen | 103 817.70 |
| Zinsforderungen aus Wertpapieren | 556 990.80 |
| Forderungen aus Dividenden | 418 022.55 |
| Sonstige Forderungen | 123 686.56 |
| Nicht realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten (Erläuterung 1) | -25 589 959.88 |
| Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1) | 2 281 607.76 |
| Total Aktiva | 493 104 881.97 |
|  |  |
| Passiva |  |
| Kontokorrentkredit | -62 685.00 |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -1 780 790.06 |
| Verbindlichkeiten aus Rücknahmen | -647 202.15 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -252 110.24 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -33 762.46 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-39 763.51	 |
| Total Rückstellungen für Aufwendungen | -325 636.21 |
| Total Passiva | -2 816 313.42 |
|  |  |
| Nettovermögen am Ende des Geschäftsjahres | 490 288 568.55 |
| Ertrags- und Aufwandsrechnung | USD |
| Erträge | 1.6.2019-31.5.2020 |
| Zinsertrag auf liquide Mittel | 153 252.45 |
| Zinsen auf Wertpapiere | 2 944 537.10 |
| Dividenden | 3 381 481.76 |
| Erträge aus Securities Lending (Erläuterung 15) | 169 885.82 |
| Sonstige Erträge (Erläuterung 4) | 215 095.85 |
| Total Erträge | 6 864 252.98 |
|  |  |
| Aufwendungen |  |
| Kosten aus Securities Lending (Erläuterung 15) | -67 954.33 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -7 401 830.38 |
| Abonnementsabgabe (Erläuterung 3) | -234 103.85 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -115 994.68 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -29 212.03 |
| Total Aufwendungen | -7 849 095.27 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | -984 842.29 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | 13 962 622.66 |
| Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten | 133 013.01 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | -14 438 968.08 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | -9 421 358.81 |
| Realisierter Kursgewinn (-verlust) aus Swaps | -3.11 |
| Realisierter Währungsgewinn (-verlust) | 8 342 482.26 |
| Total der realisierten Gewinne (Verluste) | -1 422 212.07 |
|  |  |
| Realisierter Nettogewinn (-verlust) des Geschäftsjahres | -2 407 054.36 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | 1 748 797.21 |
| Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente | 6 212.76 |
| Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten | -22 733 587.15 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -179 811.19 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | -21 158 388.37 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | -23 565 442.73 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-31.5.2020 |
| Nettovermögen zu Beginn des Geschäftsjahres | 531 905 248.10 |
| Zeichnungen | 168 838 309.73 |
| Rücknahmen | 	-185 583 461.58	 |
| Total Mittelzufluss (-abfluss) | -16 745 151.85 |
| Ausbezahlte Dividende | -1 306 084.97 |
| Nettoerträge (-verluste) aus Anlagen | -984 842.29 |
| Total der realisierten Gewinne (Verluste) | -1 422 212.07 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	-21 158 388.37	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | -23 565 442.73 |
| Nettovermögen am Ende des Geschäftsjahres | 490 288 568.55 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2019-31.5.2020 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 2.1000 |
| Anzahl der ausgegebenen Aktien | 2.8000 |
| Anzahl der zurückgegebenen Aktien | -0.5000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 4.4000 |
| Klasse | (EUR hedged) K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 11.3000 |
| Anzahl der ausgegebenen Aktien | 0.2000 |
| Anzahl der zurückgegebenen Aktien | -3.8000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 7.7000 |
| Klasse | K-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 115 000.0000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -115 000.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | P-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 205 611.5260 |
| Anzahl der ausgegebenen Aktien | 123 432.7620 |
| Anzahl der zurückgegebenen Aktien | -130 697.8310 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 198 346.4570 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 335 014.9300 |
| Anzahl der ausgegebenen Aktien | 478 128.6870 |
| Anzahl der zurückgegebenen Aktien | -357 007.3200 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 456 136.2970 |
| Klasse | (CHF hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 469 504.4440 |
| Anzahl der ausgegebenen Aktien | 91 230.6740 |
| Anzahl der zurückgegebenen Aktien | -120 041.8100 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 440 693.3080 |
| Klasse | (EUR hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 498 600.4010 |
| Anzahl der ausgegebenen Aktien | 116 877.2340 |
| Anzahl der zurückgegebenen Aktien | -204 085.2720 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 411 392.3630 |
| Klasse | (GBP hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 35 387.9960 |
| Anzahl der ausgegebenen Aktien | 10 712.7160 |
| Anzahl der zurückgegebenen Aktien | -21 316.7400 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 24 783.9720 |
| Klasse | (SGD hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 144 118.4140 |
| Anzahl der ausgegebenen Aktien | 38 318.1830 |
| Anzahl der zurückgegebenen Aktien | -48 606.8710 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 133 829.7260 |
| Klasse | Q-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 68 881.1740 |
| Anzahl der ausgegebenen Aktien | 39 157.3610 |
| Anzahl der zurückgegebenen Aktien | -50 278.9000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 57 759.6350 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 537 450.9870 |
| Anzahl der ausgegebenen Aktien | 297 414.3830 |
| Anzahl der zurückgegebenen Aktien | -209 852.4200 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 625 012.9500 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Klasse | (CHF hedged) Q-acc |
| --- | --- |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 445 784.0190 |
| Anzahl der ausgegebenen Aktien | 55 549.9680 |
| Anzahl der zurückgegebenen Aktien | -130 286.4470 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 371 047.5400 |
| Klasse | (EUR hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 575 694.3890 |
| Anzahl der ausgegebenen Aktien | 68 474.7850 |
| Anzahl der zurückgegebenen Aktien | -164 497.2940 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 479 671.8800 |
| Klasse | (GBP hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 17 037.0830 |
| Anzahl der ausgegebenen Aktien | 35 434.4900 |
| Anzahl der zurückgegebenen Aktien | -10 649.5500 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 41 822.0230 |
| Klasse | (SEK hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 33 381.1640 |
| Anzahl der ausgegebenen Aktien | 4 135.0000 |
| Anzahl der zurückgegebenen Aktien | -37 516.1640 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |

| Monatliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| P-4%-mdist | 11.6.2019 | 14.6.2019 | USD | 0.33 |
| P-4%-mdist | 10.7.2019 | 15.7.2019 | USD | 0.34 |
| P-4%-mdist | 12.8.2019 | 16.8.2019 | USD | 0.34 |
| P-4%-mdist | 10.9.2019 | 13.9.2019 | USD | 0.34 |
| P-4%-mdist | 10.10.2019 | 15.10.2019 | USD | 0.33 |
| P-4%-mdist | 11.11.2019 | 14.11.2019 | USD | 0.34 |
| P-4%-mdist | 10.12.2019 | 13.12.2019 | USD | 0.34 |
| P-4%-mdist | 10.1.2020 | 15.1.2020 | USD | 0.35 |
| P-4%-mdist | 10.2.2020 | 13.2.2020 | USD | 0.35 |
| P-4%-mdist | 10.3.2020 | 13.3.2020 | USD | 0.32 |
| P-4%-mdist | 14.4.2020 | 17.4.2020 | USD | 0.30 |
| P-4%-mdist | 11.5.2020 | 14.5.2020 | USD | 0.30 |
| Q-4%-mdist | 11.6.2019 | 14.6.2019 | USD | 0.33 |
| Q-4%-mdist | 10.7.2019 | 15.7.2019 | USD | 0.35 |
| Q-4%-mdist | 12.8.2019 | 16.8.2019 | USD | 0.35 |
| Q-4%-mdist | 10.9.2019 | 13.9.2019 | USD | 0.34 |
| Q-4%-mdist | 10.10.2019 | 15.10.2019 | USD | 0.34 |
| Q-4%-mdist | 11.11.2019 | 14.11.2019 | USD | 0.34 |
| Q-4%-mdist | 10.12.2019 | 13.12.2019 | USD | 0.35 |
| Q-4%-mdist | 10.1.2020 | 15.1.2020 | USD | 0.35 |
| Q-4%-mdist | 10.2.2020 | 13.2.2020 | USD | 0.35 |
| Q-4%-mdist | 10.3.2020 | 13.3.2020 | USD | 0.32 |
| Q-4%-mdist | 14.4.2020 | 17.4.2020 | USD | 0.30 |
| Q-4%-mdist | 11.5.2020 | 14.5.2020 | USD | 0.31 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 31. Mai 2020
| 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 |  |  |  |
| Inhaberaktien |  |  |  |
| Australien |  |  |  |
| AUD	AFTERPAY LTD NPV | 2 293.00 | 72 162.45 | 0.02 |
| AUD	AGL ENERGY NPV | 8 388.00 | 93 318.92 | 0.02 |
| AUD	AMP LIMITED NPV(POST RECON) | 42 571.00 | 46 061.57 | 0.01 |
| AUD	APA GROUP NPV | 15 148.00 | 116 741.36 | 0.02 |
| AUD	ARISTOCRAT LEISURE NPV | 7 321.00 | 124 990.96 | 0.03 |
| AUD	ASX LTD NPV | 2 775.00 | 162 431.53 | 0.03 |
| AUD	AURIZON HOLDINGS NPV | 24 419.00 | 76 994.33 | 0.02 |
| AUD	AUSNET SERVICES NPV | 11 781.00 | 13 724.50 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 34 809.00 | 413 370.17 | 0.09 |
| AUD	BLUESCOPE STEEL NPV | 5 942.00 | 43 505.62 | 0.01 |
| AUD	BRAMBLES LTD NPV | 19 985.00 | 154 416.74 | 0.03 |
| AUD	CIMIC GROUP LTD NPV | 1 223.00 | 20 246.98 | 0.00 |
| AUD	CMNWLTH BK OF AUST NPV | 21 998.00 | 930 894.87 | 0.19 |
| AUD	COCA-COLA AMATIL NPV | 5 842.00 | 33 970.58 | 0.01 |
| AUD	COCHLEAR LTD NPV | 799.00 | 102 367.91 | 0.02 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 6 701.00 | 58 270.42 | 0.01 |
| AUD	CROWN RESORTS LTD NPV | 4 640.00 | 29 537.51 | 0.01 |
| AUD	CSL NPV | 5 751.00 | 1 054 473.66 | 0.22 |
| AUD	DEXUS NPV (STAPLED) | 14 791.00 | 88 364.39 | 0.02 |
| AUD	EVOLUTION MINING NPV | 15 724.00 | 63 669.31 | 0.01 |
| AUD	FLIGHT CENTRE TRAVEL GROUP LTD NPV | 1.00 | 8.68 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 18 579.00 | 171 425.09 | 0.03 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 23 325.00 | 237 975.78 | 0.05 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 22 772.00 | 60 313.05 | 0.01 |
| AUD	INSURANCE AUST GRP NPV | 30 920.00 | 125 405.89 | 0.03 |
| AUD	LEND LEASE GROUP NPV | 7 608.00 | 65 298.96 | 0.01 |
| AUD	MACQUARIE GP LTD NPV | 4 308.00 | 314 475.75 | 0.06 |
| AUD	MAGELLAN FINANCIAL NPV | 1 537.00 | 59 532.21 | 0.01 |
| AUD	MEDIBANK PRIVATE L NPV | 32 647.00 | 61 762.57 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 39 554.00 | 61 701.47 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 39 571.00 | 467 819.36 | 0.10 |
| AUD	NEWCREST MINING NPV | 10 207.00 | 207 191.93 | 0.04 |
| AUD	NTHN STAR RES LTD NPV | 8 455.00 | 83 063.95 | 0.02 |
| AUD	ORICA LIMITED NPV | 5 238.00 | 59 734.59 | 0.01 |
| AUD	ORIGIN ENERGY NPV | 21 697.00 | 84 830.54 | 0.02 |
| AUD	QANTAS AIRWAYS NPV | 8 134.00 | 21 543.40 | 0.01 |
| AUD	QBE INS GROUP NPV | 19 419.00 | 113 821.63 | 0.02 |
| AUD	RAMSAY HEALTH CARE NPV | 2 249.00 | 104 576.68 | 0.02 |
| AUD	REA GROUP LIMITED NPV | 604.00 | 40 281.96 | 0.01 |
| AUD	RIO TINTO LIMITED NPV | 4 721.00 | 292 696.90 | 0.06 |
| AUD	SANTOS LIMITED NPV | 22 155.00 | 78 826.78 | 0.02 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 68 772.00 | 101 801.40 | 0.02 |
| AUD	SEEK LIMITED NPV | 4 894.00 | 65 395.07 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 5 823.00 | 108 885.71 | 0.02 |
| AUD	SOUL PATTINSON(WH) NPV | 1 286.00 | 16 168.07 | 0.00 |
| AUD	SOUTH32 LTD NPV | 53 162.00 | 67 401.87 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 28 904.00 | 68 495.72 | 0.01 |
| AUD	SUNCORP GROUP LTD NPV | 19 173.00 | 117 470.56 | 0.02 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 16 059.00 | 62 360.79 | 0.01 |
| AUD	TABCORP HLDGS LTD NPV | 20 137.00 | 43 041.55 | 0.01 |
| AUD	TELSTRA CORP NPV | 56 914.00 | 122 405.62 | 0.02 |
| AUD	TPG TELECOM LTD NPV | 4 194.00 | 23 663.81 | 0.01 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 34 696.00 | 329 115.92 | 0.07 |
| AUD	TREASURY WINE ESTA NPV | 9 247.00 | 59 294.61 | 0.01 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 28 961.00 | 30 951.14 | 0.01 |
| AUD	WESFARMERS LTD NPV | 14 422.00 | 386 475.07 | 0.08 |
| AUD	WESTPAC BKG CORP NPV | 44 632.00 | 510 172.15 | 0.11 |
| AUD	WISETECH GLOBAL LT NPV | 1 806.00 | 24 444.00 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 12 422.00 | 186 930.55 | 0.04 |
| AUD	WOOLWORTHS GRP LTD NPV | 15 907.00 | 373 157.41 | 0.08 |
| Total Australien |  | 9 109 431.97 | 1.86 |
| Österreich |  |  |  |
| EUR	ANDRITZ AG NPV(BR) | 931.00 | 34 941.07 | 0.01 |
| EUR	ERSTE GROUP BK AG NPV | 3 086.00 | 67 847.55 | 0.01 |
| EUR	OMV AG NPV(VAR) | 1 786.00 | 59 043.45 | 0.01 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 1 627.00 | 29 933.98 | 0.01 |
| EUR	VERBUND AG CLASS'A'NPV | 890.00 | 39 639.26 | 0.01 |
| EUR	VOESTALPINE AG NPV | 1 622.00 | 31 637.20 | 0.01 |
| Total Österreich |  | 263 042.51 | 0.06 |
| Belgien |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 8 772.00 | 408 938.26 | 0.08 |
| EUR	COLRUYT SA NPV | 736.00 | 44 520.34 | 0.01 |
| EUR	ELIA SYS OPERATOR NPV | 242.00 | 28 426.33 | 0.01 |
| EUR	GALAPAGOS NV NPV | 519.00 | 105 849.72 | 0.02 |
| EUR	GPE BRUXELLES LAM NPV | 1 055.00 | 85 339.05 | 0.02 |
| EUR	PROXIMUS SA NPV | 2 034.00 | 42 524.06 | 0.01 |
| EUR	SOFINA NPV | 130.00 | 35 572.95 | 0.01 |
| EUR	SOLVAY SA NPV | 892.00 | 67 946.97 | 0.01 |
| EUR	UMICORE NPV | 2 508.00 | 111 144.59 | 0.02 |
| Total Belgien |  | 930 262.27 | 0.19 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Kanada |  |  |  |  |
| CAD | AIR CANADA VAR VTG SHS NPV | 1 697.00 | 19 521.27 | 0.00 |
| CAD | ALGONQUIN PWR&UTIL COM NPV | 6 700.00 | 93 456.81 | 0.02 |
| CAD | ALTAGAS LTD COM NPV | 3 685.00 | 39 404.07 | 0.01 |
| CAD | ATCO LTD CL 1 NON VTG | 1 035.00 | 29 061.17 | 0.01 |
| CAD | BOMBARDIER INC CLASS'B'SUB-VTG NPV | 24 947.00 | 8 031.70 | 0.00 |
| CAD | CAE INC COM NPV | 3 520.00 | 52 614.09 | 0.01 |
| CAD | CAMECO CORP COM | 4 810.00 | 52 060.19 | 0.01 |
| CAD | CANADIAN UTILS LTD CL A | 1 707.00 | 40 803.99 | 0.01 |
| CAD | CANOPY GROWTH CORP COM NPV | 1 800.00 | 31 528.00 | 0.01 |
| CAD | CI FINANCIAL CORP COM NPV | 2 934.00 | 34 642.51 | 0.01 |
| CAD | EMERA INC COM | 2 948.00 | 116 751.21 | 0.02 |
| CAD | EMPIRE LTD CL A | 2 213.00 | 49 889.36 | 0.01 |
| CAD | HUSKY ENERGY INC COM | 4 666.00 | 13 098.02 | 0.00 |
| CAD | HYDRO ONE INC COM NPV | 4 062.00 | 78 407.00 | 0.02 |
| CAD | IGM FINANCIAL INC COM | 1 126.00 | 26 638.84 | 0.01 |
| CAD | KEYERA CORPORATION COM NPV | 2 916.00 | 46 033.22 | 0.01 |
| CAD | KINROSS GOLD CORP COM NPV | 14 960.00 | 96 868.76 | 0.02 |
| CAD | KIRKLAND LAKE GOLD COM NPV | 3 300.00 | 126 656.78 | 0.03 |
| CAD | LUNDIN MINING CORP COM | 8 132.00 | 37 300.59 | 0.01 |
| CAD | METHANEX CORP COM | 84.00 | 1 355.84 | 0.00 |
| CAD | ONEX CORP SUB VTG | 1 162.00 | 54 316.90 | 0.01 |
| CAD | PAN AMER SILVER COM NPV | 296.00 | 8 670.99 | 0.00 |
| CAD | PRAIRIESKY ROYALTY COM NPV | 1 241.00 | 8 152.43 | 0.00 |
| CAD | QUEBECOR INC CL B | 2 153.00 | 47 150.42 | 0.01 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 152.00 | 6 553.09 | 0.00 |
| CAD | TELUS CORPORATION COM NPV | 329.00 | 5 679.31 | 0.00 |
| CAD | TELUS CORPORATION NPV | 4 324.00 | 74 204.37 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 67.00 | 6 689.82 | 0.00 |
| CAD | WEST FRASER TIMBER COM NPV | 770.00 | 20 756.91 | 0.00 |
| CAD | WSP GLOBAL INC COM NPV | 1 313.00 | 84 411.21 | 0.02 |
| CAD | YAMANA GOLD INC COM | 1 254.00 | 6 759.01 | 0.00 |
| Total Kanada | 1 317 467.88 | 0.27 |
| Finnland |  |  |  |  |
| EUR | KONE CORPORATION NPV ORD 'B' | 4 017.00 | 269 349.72 | 0.05 |
| EUR | METSO OYJ NPV | 1 280.00 | 41 532.48 | 0.01 |
| EUR | WARTSILA OYJ ABP SER'B'EUR3.50 | 5 344.00 | 41 753.46 | 0.01 |
| Total Finnland |  | 352 635.66 | 0.07 |
| Frankreich |  |  |  |
| EUR	ACCOR EUR3 | 2 139.00 | 60 315.68 | 0.01 |
| EUR	ADP EUR3 | 367.00 | 38 230.97 | 0.01 |
| EUR	AIR LIQUIDE(L') EUR5.5 (POST-SUBDIVISION) | 5 570.00 | 756 505.90 | 0.15 |
| EUR	AIRBUS EUR1 | 6 975.00 | 439 914.96 | 0.09 |
| EUR	ALSTOM EUR7.00 | 2 348.00 | 98 830.43 | 0.02 |
| EUR	AMUNDI EUR2.5 (AIW) | 690.00 | 51 385.57 | 0.01 |
| EUR	ARKEMA EUR10 | 800.00 | 69 731.00 | 0.01 |
| EUR	ATOS SE EUR1 | 1 167.00 | 88 037.99 | 0.02 |
| EUR	AXA EUR2.29 | 22 425.00 | 408 590.07 | 0.08 |
| EUR	BIOMERIEUX NPV (POST SPLIT) | 509.00 | 73 094.63 | 0.01 |
| EUR	BNP PARIBAS EUR2 | 12 993.00 | 466 173.89 | 0.10 |
| EUR	BOLLORE EUR0.16 | 10 890.00 | 31 083.22 | 0.01 |
| EUR	BOUYGUES EUR1 | 2 650.00 | 81 180.42 | 0.02 |
| EUR	BUREAU VERITAS EUR0.12 | 3 885.00 | 79 039.86 | 0.02 |
| EUR	CAPGEMINI EUR8 | 1 904.00 | 195 059.92 | 0.04 |
| EUR	CARREFOUR EUR2.50 | 7 075.00 | 107 463.17 | 0.02 |
| EUR	CASINO GUICH-PERR EUR1.53 | 424.00 | 15 979.04 | 0.00 |
| EUR	CIE DE ST-GOBAIN EUR4 | 5 807.00 | 187 775.24 | 0.04 |
| EUR	CNP ASSURANCES EUR1 | 2 167.00 | 22 790.93 | 0.00 |
| EUR	COVIVIO EUR3 | 559.00 | 32 737.96 | 0.01 |
| EUR	CREDIT AGRICOLE SA EUR3 | 13 482.00 | 117 334.20 | 0.02 |
| EUR	DANONE EUR0.25 | 7 201.00 | 493 097.59 | 0.10 |
| EUR	DASSAULT AVIATION EUR8 | 33.00 | 28 154.69 | 0.01 |
| EUR	DASSAULT SYSTEMES EUR0.50 | 1 580.00 | 267 581.35 | 0.05 |
| EUR	EDENRED EUR2 | 2 844.00 | 118 885.21 | 0.02 |
| EUR	EDF EUR0.5 | 6 874.00 | 60 833.91 | 0.01 |
| EUR	EIFFAGE EUR4 | 948.00 | 86 469.64 | 0.02 |
| EUR	ENGIE EUR1 | 20 780.00 | 245 824.12 | 0.05 |
| EUR	ESSILORLUXOTTICA EUR0.18 | 3 395.00 | 437 121.57 | 0.09 |
| EUR	EURAZEO NPV | 606.00 | 29 524.88 | 0.01 |
| EUR	FAURECIA EUR7 | 961.00 | 37 050.44 | 0.01 |
| EUR	GETLINK SE EUR0.40 | 5 498.00 | 79 381.79 | 0.02 |
| EUR	HERMES INTL NPV | 376.00 | 312 762.56 | 0.06 |
| EUR	ICADE NPV | 290.00 | 20 758.12 | 0.00 |
| EUR	ILIAD NPV | 200.00 | 35 239.25 | 0.01 |
| EUR	INGENICO GROUP EUR1 | 675.00 | 93 253.86 | 0.02 |
| EUR	IPSEN EUR1 | 486.00 | 38 220.57 | 0.01 |
| EUR	JC DECAUX SA NPV | 787.00 | 16 011.42 | 0.00 |
| EUR	KERING EUR4 | 906.00 | 473 257.76 | 0.10 |
| EUR	KLEPIERRE EUR1.40 | 1 872.00 | 35 482.72 | 0.01 |
| EUR	L'OREAL EUR0.20 | 2 929.00 | 853 289.36 | 0.17 |
| EUR	LEGRAND SA EUR4 | 3 159.00 | 215 402.91 | 0.04 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 3 257.00 | 1 358 596.48 | 0.28 |
| EUR	NATIXIS EUR1.6 | 10 119.00 | 22 432.95 | 0.00 |
| EUR	ORANGE EUR4 | 23 877.00 | 288 038.66 | 0.06 |
| EUR	ORPEA EUR2.5 | 488.00 | 57 322.51 | 0.01 |
| EUR	PERNOD RICARD EUR1.55 | 2 547.00 | 396 925.08 | 0.08 |
| EUR	PEUGEOT SA EUR1 | 6 998.00 | 99 677.00 | 0.02 |
| EUR	PUBLICIS GROUPE SA EUR0.40 | 2 755.00 | 78 206.66 | 0.02 |
| EUR	REMY COINTREAU EUR1.60 | 302.00 | 35 877.29 | 0.01 |
| EUR	RENAULT SA EUR3.81 | 2 169.00 | 48 748.35 | 0.01 |
| EUR	SAFRAN EUR0.20 | 3 744.00 | 357 575.85 | 0.07 |
| EUR	SANOFI EUR2 | 13 234.00 | 1 288 515.12 | 0.26 |
| EUR	SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 313.00 | 84 882.76 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | SCHNEIDER ELECTRIC EUR8 | 6 480.00 | 643 244.42 | 0.13 |
| EUR | SCOR SE EUR7.876972 (POST CONS) | 1 877.00 | 46 309.20 | 0.01 |
| EUR | SEB SA EUR1 | 306.00 | 42 002.78 | 0.01 |
| EUR | SOC GENERALE EUR1.25 | 9 457.00 | 139 193.94 | 0.03 |
| EUR | SODEXO EUR4 | 1 063.00 | 71 584.19 | 0.01 |
| EUR | SUEZ EUR4 | 4 632.00 | 52 606.06 | 0.01 |
| EUR | TELEPERFORMANCE EUR2.50 | 720.00 | 170 670.09 | 0.03 |
| EUR | THALES EUR3 | 1 237.00 | 94 639.69 | 0.02 |
| EUR | TOTAL EUR2.5 | 28 783.00 | 1 076 563.90 | 0.22 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 1 086.00 | 84 150.12 | 0.02 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 1 731.00 | 91 845.29 | 0.02 |
| EUR | VALEO EUR1 (POST SUBD) | 2 297.00 | 56 594.76 | 0.01 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 6 367.00 | 139 415.72 | 0.03 |
| EUR | VINCI EUR2.50 | 6 146.00 | 567 703.22 | 0.12 |
| EUR | VIVENDI SA EUR5.50 | 9 697.00 | 220 367.34 | 0.04 |
| EUR | WENDEL EUR4 | 311.00 | 28 574.71 | 0.01 |
| EUR | WORLDLINE EUR0.68 | 1 695.80 | 126 610.01 | 0.03 |
| Total Frankreich |  | 15 167 732.92 | 3.09 |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTOREN WERKE AG EUR1 | 3 995.00 | 233 745.89 | 0.05 |
| EUR	BEIERSDORF AG NPV | 1 114.00 | 116 803.02 | 0.02 |
| EUR	CARL ZEISS MEDITEC NPV | 487.00 | 49 891.90 | 0.01 |
| EUR	COMMERZBANK AG NPV | 12 060.00 | 46 965.71 | 0.01 |
| EUR	CONTINENTAL AG ORD NPV | 1 269.00 | 124 839.44 | 0.03 |
| EUR	COVESTRO AG NPV | 1 950.00 | 72 208.76 | 0.01 |
| EUR	DEUTSCHE WOHNEN AG NPV (BR) | 3 955.00 | 176 941.63 | 0.04 |
| EUR	FRAPORT AG NPV | 582.00 | 28 886.44 | 0.01 |
| EUR	FRESENIUS MED CARE NPV | 2 575.00 | 216 541.17 | 0.04 |
| EUR	FRESENIUS SE & CO. KGAA NPV | 5 012.00 | 240 844.24 | 0.05 |
| EUR	GEA GROUP AG NPV | 1 810.00 | 53 937.74 | 0.01 |
| EUR	HEIDELBERGCEMENT NPV | 1 768.00 | 87 770.91 | 0.02 |
| EUR	HENKEL AG & CO KGAA | 1 347.00 | 107 955.07 | 0.02 |
| EUR	HOCHTIEF AG NPV | 336.00 | 29 563.59 | 0.01 |
| EUR	KION GROUP AG NPV | 715.00 | 39 925.58 | 0.01 |
| EUR	KNORR BREMSE AG NPV | 606.00 | 64 159.32 | 0.01 |
| EUR	LANXESS AG NPV | 997.00 | 51 546.92 | 0.01 |
| EUR	MERCK KGAA NPV | 1 571.00 | 180 254.82 | 0.04 |
| EUR	METRO AG (NEW) NPV | 2 118.00 | 19 780.62 | 0.00 |
| EUR	NEMETSCHEK SE ORD NPV | 535.00 | 42 193.10 | 0.01 |
| EUR	PUMA SE NPV | 1 040.00 | 74 246.25 | 0.02 |
| EUR	RWE AG (NEU) NPV | 6 922.00 | 229 373.67 | 0.05 |
| EUR	SAP AG ORD NPV | 12 127.00 | 1 531 054.67 | 0.31 |
| EUR	SYMRISE AG NPV (BR) | 1 563.00 | 171 078.54 | 0.03 |
| EUR	TEAMVIEWER AG NPV | 1 469.00 | 74 765.60 | 0.02 |
| EUR	THYSSENKRUPP AG NPV | 5 292.00 | 35 672.53 | 0.01 |
| EUR	VOLKSWAGEN AG ORD NPV | 399.00 | 63 201.06 | 0.01 |
| EUR	WIRECARD AG NPV | 1 405.00 | 147 783.26 | 0.03 |
| EUR	ZALANDO SE NPV | 1 567.00 | 106 047.31 | 0.02 |
| Total Deutschland |  | 4 417 978.76 | 0.91 |
| Irland |  |  |  |
| GBP	DCC ORD EUR0.25 | 1 233.00 | 102 619.77 | 0.02 |
| EUR	FLUTTER ENTERTAINM ORD EUR0.09 | 941.51 | 120 752.89 | 0.02 |
| GBP	FLUTTER ENTERTAINM ORD EUR0.09 | 669.37 | 85 070.82 | 0.02 |
| EUR	KERRY GROUP 'A'ORD EUR0.125(DUBLIN LIST) | 1 912.00 | 236 714.31 | 0.05 |
| Total Irland |  | 545 157.79 | 0.11 |
| Italien |  |  |  |
| EUR	ASSIC GENERALI SPA EUR1 | 13 257.00 | 184 109.11 | 0.04 |
| EUR	DIASORIN SPA EUR1 | 235.00 | 49 274.32 | 0.01 |
| EUR	FINECOBANK SPA EUR0.33 | 6 895.00 | 80 569.71 | 0.02 |
| EUR	INFRASTRUTTURE WIR NPV | 1 498.00 | 15 271.64 | 0.00 |
| EUR	LEONARDO SPA EUR4.40 | 4 490.00 | 27 968.93 | 0.00 |
| EUR	POSTE ITALIANE SPA NPV | 5 872.00 | 51 561.39 | 0.01 |
| EUR	TELECOM ITALIA SPA DI RISP EUR0.55 | 80 126.00 | 30 909.65 | 0.01 |
| EUR	TELECOM ITALIA SPA EUR0.55 | 112 445.00 | 41 525.96 | 0.01 |
| Total Italien |  | 481 190.71 | 0.10 |
| Japan |  |  |  |
| JPY	ACOM CO NPV | 1 600.00 | 6 519.70 | 0.00 |
| JPY	ADVANTEST CORP NPV | 1 700.00 | 83 946.72 | 0.02 |
| JPY	AIR WATER INC NPV | 1 100.00 | 15 979.02 | 0.00 |
| JPY	AISIN SEIKI CO NPV | 1 400.00 | 44 117.51 | 0.01 |
| JPY	AMADA CO LTD NPV | 2 700.00 | 24 084.10 | 0.01 |
| JPY	AOZORA BANK LTD | 800.00 | 14 866.11 | 0.00 |
| JPY	ASAHI INTECC CO LT NPV | 1 300.00 | 39 819.93 | 0.01 |
| JPY	BANDAI NAMCO HLDGS NPV | 1 600.00 | 89 048.13 | 0.02 |
| JPY	BENESSE HOLDINGS INC NPV | 500.00 | 13 537.85 | 0.00 |
| JPY	BK OF KYOTO NPV | 600.00 | 21 552.88 | 0.00 |
| JPY	CALBEE INC NPV | 600.00 | 17 348.12 | 0.00 |
| JPY	CENTRAL JAPAN RLWY NPV | 1 100.00 | 188 225.74 | 0.04 |
| JPY	CHIBA BANK NPV | 3 000.00 | 14 257.21 | 0.00 |
| JPY	CHUGAI PHARM CO NPV | 1 800.00 | 265 484.76 | 0.05 |
| JPY	COCA-COLA BOTTLERS NPV | 700.00 | 13 904.49 | 0.00 |
| JPY	CONCORDIA FINANCIA NPV | 10 600.00 | 34 633.13 | 0.01 |
| JPY	CYBER AGENT NPV | 900.00 | 45 361.30 | 0.01 |
| JPY	DAI-ICHI LIFE HOLD NPV | 8 900.00 | 115 901.98 | 0.02 |
| JPY	DAICEL CORP | 1 700.00 | 14 390.87 | 0.00 |
| JPY	DAIFUKU CO LTD NPV | 800.00 | 62 226.76 | 0.01 |
| JPY	DAIICHI SANKYO COM NPV | 4 400.00 | 411 881.01 | 0.08 |
| JPY	DAIKIN INDUSTRIES NPV | 2 000.00 | 294 240.50 | 0.06 |
| JPY	DAITO TRUST CONST NPV | 600.00 | 63 405.58 | 0.01 |
| JPY	DAIWA HOUSE INDS NPV | 4 400.00 | 109 229.13 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | DAIWA HOUSE REIT I REIT | 15.00 | 37 091.01 | 0.01 |
| JPY | DISCO CORPORATION NPV | 200.00 | 44 665.15 | 0.01 |
| JPY | EISAI CO NPV | 1 900.00 | 148 811.43 | 0.03 |
| JPY | FANUC CORP NPV | 1 500.00 | 267 531.45 | 0.05 |
| JPY | FAST RETAILING CO NPV | 500.00 | 280 920.78 | 0.06 |
| JPY | FUJI ELECTRIC CO L NPV | 1 000.00 | 26 722.98 | 0.01 |
| JPY | FUKUOKA FINANCIAL NPV | 1 800.00 | 29 288.53 | 0.01 |
| JPY | GLP J-REIT REIT | 5.00 | 6 669.14 | 0.00 |
| JPY | GMO PAYMENT GATEWA NPV | 300.00 | 33 777.33 | 0.01 |
| JPY | HANKYU HANSHIN HLD NPV | 1 800.00 | 66 496.50 | 0.01 |
| JPY | HIKARI TSUSHIN INC NPV | 100.00 | 21 914.88 | 0.00 |
| JPY | HIROSE ELECTRIC NPV | 310.00 | 37 032.53 | 0.01 |
| JPY | HISAMITSU PHARM CO NPV | 600.00 | 30 240.87 | 0.01 |
| JPY | HOSHIZAKI CORPORAT NPV | 500.00 | 40 376.85 | 0.01 |
| JPY | HULIC CO LTD NPV | 2 000.00 | 20 234.84 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 1 392.00 | 30 880.22 | 0.01 |
| JPY | ISETAN MITSUKOSHI NPV | 3 800.00 | 25 430.92 | 0.01 |
| JPY | ISUZU MOTORS NPV | 4 000.00 | 37 480.86 | 0.01 |
| JPY | ITO EN LTD NPV | 100.00 | 5 736.30 | 0.00 |
| JPY | ITOCHU TECHNO-SOLU NPV | 600.00 | 20 271.96 | 0.00 |
| JPY | JAPAN AIRPORT TERM NPV | 500.00 | 21 998.42 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 4 300.00 | 92 477.84 | 0.02 |
| JPY | JAPAN POST INSURAN NPV | 2 100.00 | 26 665.43 | 0.01 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 10.00 | 54 578.36 | 0.01 |
| JPY | JGC HLDGS CORP NPV | 2 100.00 | 22 591.54 | 0.00 |
| JPY | JSR CORP NPV | 1 300.00 | 25 484.75 | 0.01 |
| JPY | JTEKT CORPORATION NPV | 1 400.00 | 11 292.52 | 0.00 |
| JPY | KAJIMA CORP NPV | 4 200.00 | 47 639.11 | 0.01 |
| JPY | KAKAKU.COM. INC NPV | 1 100.00 | 26 607.88 | 0.01 |
| JPY | KAMIGUMI CO LTD NPV | 1 000.00 | 19 538.68 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 5 300.00 | 52 810.60 | 0.01 |
| JPY | KANSAI PAINT CO NPV | 1 200.00 | 24 861.00 | 0.01 |
| JPY | KAO CORP NPV | 3 700.00 | 296 968.49 | 0.06 |
| JPY | KAWASAKI HEAVY IND NPV | 1 100.00 | 17 418.67 | 0.00 |
| JPY | KEIHAN HOLDINGS CO NPV | 700.00 | 33 266.81 | 0.01 |
| JPY | KEIKYU CORP | 1 500.00 | 25 075.42 | 0.01 |
| JPY | KEIO CORPORATION NPV | 900.00 | 53 464.52 | 0.01 |
| JPY | KEISEI ELEC RY CO NPV | 1 100.00 | 36 093.19 | 0.01 |
| JPY | KIKKOMAN CORP NPV | 1 100.00 | 55 339.49 | 0.01 |
| JPY | KINTETSU GROUP HOL NPV | 1 300.00 | 63 832.55 | 0.01 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 6 900.00 | 141 381.63 | 0.03 |
| JPY | KOBAYASHI PHARMACE NPV | 400.00 | 35 643.01 | 0.01 |
| JPY | KOITO MFG CO LTD NPV | 700.00 | 29 660.74 | 0.01 |
| JPY | KOMATSU NPV | 6 900.00 | 139 620.37 | 0.03 |
| JPY | KOSE CORPORATION NPV | 300.00 | 37 564.39 | 0.01 |
| JPY | KURARAY CO NPV | 2 400.00 | 25 217.43 | 0.01 |
| JPY | KURITA WATER INDS NPV | 800.00 | 22 180.35 | 0.00 |
| JPY | KYUSHU ELEC POWER NPV | 2 200.00 | 18 296.75 | 0.00 |
| JPY | KYUSHU RAILWAY COR NPV | 1 300.00 | 36 863.60 | 0.01 |
| JPY | LASERTEC CORP NPV | 200.00 | 16 429.20 | 0.00 |
| JPY | LINE CORP NPV | 400.00 | 20 012.07 | 0.00 |
| JPY | LION CORP NPV | 1 600.00 | 36 608.34 | 0.01 |
| JPY | M3 INC NPV | 3 400.00 | 136 965.70 | 0.03 |
| JPY | MAKITA CORP NPV | 1 900.00 | 64 370.91 | 0.01 |
| JPY | MARUI GROUP NPV | 1 900.00 | 34 266.49 | 0.01 |
| JPY | MARUICHI STL TUBE NPV | 600.00 | 15 365.48 | 0.00 |
| JPY | MCDONALD'S HOLDING NPV | 400.00 | 21 274.42 | 0.00 |
| JPY | MEBUKIFINANCIAL G NPV | 4 700.00 | 10 644.64 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 1 000.00 | 75 277.30 | 0.02 |
| JPY | MINEBEA MITSUMI INC | 2 500.00 | 43 880.82 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 2 000.00 | 53 130.37 | 0.01 |
| JPY | MITSUBISHI GAS CHM NPV | 1 000.00 | 14 888.38 | 0.00 |
| JPY | MITSUBISHI MOTOR C NPV | 3 400.00 | 9 593.91 | 0.00 |
| JPY | MITSUBISHI UFJ LEA NV | 3 900.00 | 19 041.17 | 0.00 |
| JPY | MITSUI CHEMICALS NPV | 1 200.00 | 24 950.11 | 0.01 |
| JPY | MITSUI FUDOSAN CO NPV | 6 600.00 | 127 025.57 | 0.03 |
| JPY | MONOTARO CO.LTD NPV | 1 000.00 | 36 339.16 | 0.01 |
| JPY | NABTESCO CORP NPV | 1 000.00 | 31 048.41 | 0.01 |
| JPY | NAGOYA RAILROAD CO NPV | 1 400.00 | 42 233.26 | 0.01 |
| JPY | NH FOODS LTD NPV | 500.00 | 18 471.25 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 3 500.00 | 215 129.72 | 0.04 |
| JPY | NIPPON BUILDING FD REIT | 10.00 | 62 746.55 | 0.01 |
| JPY | NIPPON EXPRESS CO NPV | 500.00 | 25 711.24 | 0.01 |
| JPY | NIPPON PAINT HLDGS NPV | 1 200.00 | 83 649.70 | 0.02 |
| JPY | NIPPON SHINYAKU CO NPV | 400.00 | 34 454.91 | 0.01 |
| JPY | NIPPON STEEL CORP NPV | 6 300.00 | 58 044.09 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 1 200.00 | 52 963.29 | 0.01 |
| JPY | NISSHIN SEIFUN GRP NPV | 1 000.00 | 15 584.54 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 600.00 | 50 122.99 | 0.01 |
| JPY | NITORI HOLDINGS CO LTD | 600.00 | 108 794.73 | 0.02 |
| JPY | NITTO DENKO CORP NPV | 1 400.00 | 75 759.97 | 0.02 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 800.00 | 14 806.70 | 0.00 |
| JPY | NSK LTD NPV | 3 500.00 | 25 599.85 | 0.01 |
| JPY | OBAYASHI CORP NPV | 5 100.00 | 47 196.36 | 0.01 |
| JPY | OBIC CO LTD NPV | 500.00 | 86 694.20 | 0.02 |
| JPY | ODAKYU ELEC RLWY NPV | 2 300.00 | 57 406.60 | 0.01 |
| JPY | OJI HOLDINGS CO NPV | 6 000.00 | 30 129.48 | 0.01 |
| JPY | OLYMPUS CORP NPV | 8 900.00 | 154 604.82 | 0.03 |
| JPY | ONO PHARMACEUTICAL NPV | 2 800.00 | 79 970.30 | 0.02 |
| JPY | ORACLE CORP JAPAN NPV | 400.00 | 46 707.20 | 0.01 |
| JPY | ORIENTAL LAND CO NPV | 1 600.00 | 231 902.36 | 0.05 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 3 300.00 | 66 499.28 | 0.01 |
| JPY | PEPTIDREAM INC NPV | 900.00 | 40 390.77 | 0.01 |
| JPY | PERSOL HOLDINGS CO NPV | 1 600.00 | 21 163.04 | 0.00 |
| JPY | PIGEON CORP NPV | 900.00 | 35 086.09 | 0.01 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 1 000.00 | 19 455.14 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | RAKUTEN INC NPV | 7 600.00 | 68 850.42 | 0.01 |
| JPY | RECRUIT HLDGS CO L NPV | 10 500.00 | 361 581.66 | 0.07 |
| JPY | RINNAI CORP NPV | 400.00 | 33 675.22 | 0.01 |
| JPY | RYOHIN KEIKAKU CO NPV | 2 000.00 | 30 240.87 | 0.01 |
| JPY | SBI HOLDINGS INC NPV | 1 700.00 | 36 434.78 | 0.01 |
| JPY | SCSK CORP | 100.00 | 4 891.63 | 0.00 |
| JPY | SECOM CO NPV | 1 700.00 | 147 285.47 | 0.03 |
| JPY | SEIBU HOLDINGS INC NPV | 1 100.00 | 14 376.02 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 5 100.00 | 97 162.02 | 0.02 |
| JPY | SEVEN BANK NPV | 1 900.00 | 5 414.21 | 0.00 |
| JPY | SHARP CORP NPV | 1 900.00 | 20 581.06 | 0.00 |
| JPY | SHIMANO INC NPV | 600.00 | 110 326.26 | 0.02 |
| JPY | SHIMIZU CORP NPV | 4 000.00 | 33 860.86 | 0.01 |
| JPY | SHIN-ETSU CHEMICAL NPV | 2 800.00 | 327 989.98 | 0.07 |
| JPY | SHINSEI BANK NPV | 1 300.00 | 16 591.64 | 0.00 |
| JPY | SHIONOGI & CO NPV | 2 100.00 | 123 990.35 | 0.03 |
| JPY | SHISEIDO CO LTD NPV | 3 200.00 | 195 145.50 | 0.04 |
| JPY | SHIZUOKA BANK NPV | 3 000.00 | 19 102.43 | 0.00 |
| JPY | SHOWA DENKO KK NPV | 1 200.00 | 28 681.49 | 0.01 |
| JPY | SMC CORP NPV | 400.00 | 201 865.69 | 0.04 |
| JPY | SONY FINANCIAL HOL NPV | 1 000.00 | 24 096.16 | 0.01 |
| JPY | SQUARE-ENIX HOLDIN NPV | 800.00 | 38 836.03 | 0.01 |
| JPY | STANLEY ELECTRIC NPV | 1 200.00 | 29 171.58 | 0.01 |
| JPY | SUMITOMO HEAVY IND NPV | 600.00 | 13 700.28 | 0.00 |
| JPY | SUMITOMO METAL MNG NPV | 1 700.00 | 47 354.16 | 0.01 |
| JPY | SUMITOMO RUBBER NPV | 1 500.00 | 15 259.67 | 0.00 |
| JPY | SUNDRUG CO LTD NPV | 400.00 | 13 477.51 | 0.00 |
| JPY | SUNTORY BEVERAGE & NPV | 900.00 | 36 756.86 | 0.01 |
| JPY | SUZUKEN CO LTD NPV | 400.00 | 14 535.67 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 2 900.00 | 100 834.46 | 0.02 |
| JPY | SYSMEX CORP NPV | 1 300.00 | 103 893.81 | 0.02 |
| JPY | T&D HOLDINGS INC NPV | 3 800.00 | 34 319.40 | 0.01 |
| JPY | TAIHEIYO CEMENT NPV | 1 300.00 | 30 733.75 | 0.01 |
| JPY | TAISEI CORP NPV | 1 500.00 | 52 072.21 | 0.01 |
| JPY | TAISHO PHARM H NPV | 200.00 | 12 697.82 | 0.00 |
| JPY | TAIYO NIPPON SANSO NPV | 1 400.00 | 23 546.67 | 0.00 |
| JPY | TEIJIN LTD NPV | 1 500.00 | 24 560.26 | 0.01 |
| JPY | TERUMO CORP NPV | 5 300.00 | 208 093.94 | 0.04 |
| JPY | THK CO LTD NPV | 1 200.00 | 31 187.64 | 0.01 |
| JPY | TOBU RAILWAY CO NPV | 1 700.00 | 60 277.53 | 0.01 |
| JPY | TOHO CO LTD NPV | 1 000.00 | 36 756.86 | 0.01 |
| JPY | TOHO GAS CO NPV | 500.00 | 24 643.80 | 0.01 |
| JPY | TOHOKU ELEC POWER NPV | 3 700.00 | 38 327.38 | 0.01 |
| JPY | TOKYO CENTURY CORP NPV | 400.00 | 17 394.53 | 0.00 |
| JPY | TOKYO GAS CO NPV | 2 900.00 | 69 192.46 | 0.01 |
| JPY | TOKYU CORP NPV | 3 700.00 | 58 658.75 | 0.01 |
| JPY | TORAY INDS INC NPV | 10 800.00 | 52 518.87 | 0.01 |
| JPY | TOSOH CORP NPV | 2 500.00 | 34 761.22 | 0.01 |
| JPY | TOTO LTD NPV | 1 100.00 | 43 597.72 | 0.01 |
| JPY | TOYO SUISAN KAISHA NPV | 600.00 | 31 354.71 | 0.01 |
| JPY | TOYODA GOSEI NPV | 800.00 | 17 101.22 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 1 200.00 | 61 372.81 | 0.01 |
| JPY | TOYOTA TSUSHO CORP NPV | 1 500.00 | 38 009.93 | 0.01 |
| JPY | TSURUHA HOLDINGS I NPV | 300.00 | 44 331.00 | 0.01 |
| JPY | USS CO LTD NPV | 2 100.00 | 36 606.49 | 0.01 |
| JPY | WELCIA HOLDINGS CO NPV | 300.00 | 25 200.72 | 0.01 |
| JPY | YAKULT HONSHA CO NPV | 1 000.00 | 61 261.43 | 0.01 |
| JPY | YAMAHA CORP NPV | 1 300.00 | 63 229.22 | 0.01 |
| JPY | YAMATO HOLDINGS CO NPV | 2 200.00 | 48 682.42 | 0.01 |
| JPY | ZOZO INC NPV | 1 140.00 | 20 993.73 | 0.00 |
| Total Japan | 10 919 809.72 | 2.23 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 116 319.00 | 215 448.93 | 0.04 |
| Total Jersey |  | 215 448.93 | 0.04 |
| Luxemburg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 13 241.00 | 72 788.87 | 0.01 |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 131.00 | 88 567.31 | 0.02 |
| Total Luxemburg |  | 161 356.18 | 0.03 |
| Niederlande |  |  |  |
| USD	AERCAP HOLDINGS EUR0.01 | 1 585.00 | 51 100.40 | 0.01 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 2 359.00 | 193 128.88 | 0.04 |
| EUR	ALTICE EUROPE N.V. EUR0.01 (COMMON SHARES A) | 8 307.00 | 33 265.05 | 0.01 |
| EUR	EXOR NV EUR0.01 | 1 283.00 | 69 159.45 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 1 470.00 | 121 164.95 | 0.02 |
| EUR	HEINEKEN NV EUR1.60 | 3 070.00 | 281 662.15 | 0.06 |
| EUR	ING GROEP N.V. EUR0.01 | 44 576.00 | 287 885.37 | 0.06 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 1 431.00 | 155 293.36 | 0.03 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 13 036.00 | 330 758.56 | 0.07 |
| EUR	KONINKLIJKE KPN NV EUR0.04 | 44 380.00 | 108 802.87 | 0.02 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 10 493.00 | 476 096.33 | 0.10 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 3 358.00 | 322 703.80 | 0.06 |
| EUR	QIAGEN NV EUR0.01 | 2 906.00 | 127 069.15 | 0.03 |
| EUR	RANDSTAD N.V. EUR0.10 | 1 211.00 | 50 824.42 | 0.01 |
| GBP	ROYAL DUTCH SHELL 'B'SHS EUR0.07 (UK LIST) | 41 841.00 | 634 185.63 | 0.13 |
| EUR	STMICROELECTRONICS EUR1.04 | 8 209.00 | 201 710.00 | 0.04 |
| EUR	VOPAK(KON) EUR0.50 | 855.00 | 46 896.73 | 0.01 |
| EUR	WOLTERS KLUWER EUR0.12 | 3 217.00 | 256 501.86 | 0.05 |
| Total Niederlande |  | 3 748 208.96 | 0.76 |
| Papua-Neuguinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 16 951.00 | 39 157.22 | 0.01 |
| Total Papua-Neuguinea |  | 39 157.22 | 0.01 |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020 |  |  |  |

|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Spanien |  |  |  |  |
| EUR | ACS ACTIVIDADES CO EUR0.5 | 3 139.00 | 80 133.75 | 0.02 |
| EUR | AENA SME S.A. EUR10 | 711.00 | 101 390.92 | 0.02 |
| EUR | AMADEUS IT GROUP EUR0.01 | 5 153.00 | 269 057.24 | 0.06 |
| EUR | CAIXABANK SA EUR1 | 41 623.00 | 77 759.75 | 0.02 |
| EUR | CELLNEX TELECOM SA EUR0.25 | 2 937.00 | 166 354.21 | 0.03 |
| EUR | ENAGAS SA EUR1.50 | 2 743.00 | 61 664.27 | 0.01 |
| EUR | ENDESA SA EUR1.2 | 3 902.00 | 92 667.32 | 0.02 |
| EUR | FERROVIAL SA EUR0.2 | 5 717.00 | 155 294.23 | 0.03 |
| EUR | GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 3 581.00 | 112 011.11 | 0.02 |
| EUR | IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 68 577.00 | 739 016.40 | 0.15 |
| EUR | INDITEX EUR0.03 (POST SUBD) | 12 841.00 | 357 806.34 | 0.07 |
| EUR | NATURGY ENERGY GRO EUR1 | 3 601.00 | 66 873.04 | 0.01 |
| EUR | RED ELECTRICA CORP EUR0.5 | 5 165.00 | 91 005.36 | 0.02 |
| EUR | REPSOL SA EUR1 | 17 542.00 | 163 322.50 | 0.03 |
| EUR | SIEMENS GAMESA REN EUR0.17 | 2 573.00 | 43 317.53 | 0.01 |
| EUR | TELEFONICA SA EUR1 | 52 429.00 | 247 332.57 | 0.05 |
| Total Spanien	2 825 006.54	0.57 |
| Schweiz |  |  |  |  |
| CHF | PARGESA HLDGS SA CHF20(BR) | 531.00 | 40 072.34 | 0.01 |
| CHF | SWATCH GROUP CHF2.25(BR) | 379.00 | 75 705.32 | 0.01 |
| CHF | SWISS RE AG CHF0.10 | 3 439.00 | 233 108.86 | 0.05 |
| CHF | VIFOR PHARMA AG CHF0.01 | 547.00 | 83 185.91 | 0.02 |
| Total Schweiz |  | 432 072.43 | 0.09 |
| Grossbritannien |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 10 841.00 | 110 572.51 | 0.02 |
| GBP	ASTRAZENECA ORD USD0.25 | 14 798.00 | 1 569 691.04 | 0.32 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 697.00 | 35 226.34 | 0.01 |
| GBP	AVIVA ORD GBP0.25 | 40 410.00 | 123 748.15 | 0.03 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 35 005.00 | 214 738.89 | 0.04 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 10 971.00 | 67 410.33 | 0.01 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 25 746.00 | 1 015 210.83 | 0.21 |
| GBP	BRITISH LAND CO PLC REIT | 10 296.00 | 51 844.99 | 0.01 |
| GBP	BT GROUP ORD GBP0.05 | 101 208.00 | 145 456.01 | 0.03 |
| GBP	BUNZL ORD GBP0.32142857 | 3 462.00 | 80 743.53 | 0.02 |
| USD	COCA-COLA EUROPEAN ORD EUR0.01 | 2 896.00 | 109 179.20 | 0.02 |
| GBP	EVRAZ PLC ORD USD1 | 8 429.00 | 29 428.27 | 0.01 |
| GBP	HALMA ORD GBP0.10 | 4 277.00 | 123 202.36 | 0.03 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 1 760.00 | 55 942.08 | 0.01 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 17 414.00 | 97 827.45 | 0.02 |
| GBP	ITV ORD GBP0.10 | 47 212.00 | 46 857.98 | 0.01 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 4 805.00 | 39 111.74 | 0.01 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 2 141.00 | 55 929.38 | 0.01 |
| GBP	KINGFISHER ORD GBP0.157142857 | 25 757.00 | 61 839.84 | 0.01 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 7 364.00 | 55 152.72 | 0.01 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 785 720.00 | 290 152.88 | 0.06 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 51 497.00 | 73 311.11 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 39 030.00 | 446 820.83 | 0.09 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 4 927.00 | 133 459.29 | 0.03 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 8 009.00 | 715 286.29 | 0.15 |
| GBP	RELX PLC GBP0.1444 | 21 946.00 | 508 315.02 | 0.10 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 22 248.00 | 136 645.84 | 0.03 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 20 914.00 | 70 224.83 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 11 798.00 | 100 788.34 | 0.02 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 2 679.00 | 80 847.08 | 0.02 |
| GBP	SMITHS GROUP ORD GBP0.375 | 4 305.00 | 69 535.48 | 0.01 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 830.00 | 101 278.93 | 0.02 |
| GBP	SSE PLC ORD GBP0.50 | 11 054.00 | 169 664.14 | 0.03 |
| GBP	ST JAMES'S PLACE ORD GBP0.15 | 5 582.00 | 63 406.64 | 0.01 |
| EUR	UNILEVER EUR0.16 | 16 943.00 | 876 175.93 | 0.18 |
| GBP	UNITED UTILITIES G ORD GBP0.05 | 7 493.00 | 85 002.76 | 0.02 |
| GBP	WHITBREAD ORD GBP0.76797385 | 1 553.00 | 48 536.94 | 0.01 |
| GBP	WPP PLC ORD GBP0.10 | 13 624.00 | 103 013.93 | 0.02 |
| Total Grossbritannien |  | 8 161 579.90 | 1.66 |
| Total Inhaberaktien |  | 59 087 540.35 | 12.05 |
| Partizipationsscheine |  |  |  |
| Schweiz |  |  |  |
| CHF	LINDT & SPRUENGLI PTG CERT CHF10 | 12.00 | 100 052.05 | 0.02 |
| CHF	SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 480.00 | 111 468.72 | 0.02 |
| Total Schweiz |  | 211 520.77 | 0.04 |
| Total Partizipationsscheine |  | 211 520.77 | 0.04 |
| Weitere Aktien |  |  |  |
| Schweiz |  |  |  |
| CHF	ROCHE HLDGS AG GENUSSCHEINE NPV | 8 333.00 | 2 885 801.08 | 0.59 |
| Total Schweiz |  | 2 885 801.08 | 0.59 |
| Total Weitere Aktien |  | 2 885 801.08 | 0.59 |
| Vorzugsaktien |  |  |  |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 728.00 | 33 509.14 | 0.01 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 762.00 | 30 361.42 | 0.01 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 2 142.00 | 191 279.44 | 0.04 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 1 794.00 | 97 602.64 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | SARTORIUS AG NON VTG PRF NPV | 449.00 | 166 515.01 | 0.03 |
| EUR | VOLKSWAGEN AG NON VTG PRF NPV | 2 145.00 | 316 143.77 | 0.06 |
| Total Deutschland |  | 835 411.42 | 0.17 |
| Total Vorzugsaktien |  | 835 411.42 | 0.17 |
| Namensaktien |  |  |  |
| Australien |  |  |  |
| AUD	AMPOL LTD NPV | 2 957.00 | 53 173.79 | 0.01 |
| AUD	BHP GROUP LTD NPV | 36 751.00 | 845 053.67 | 0.17 |
| GBP	BHP GROUP PLC ORD USD0.50 | 23 148.00 | 452 505.80 | 0.09 |
| AUD	COLES GROUP LTD NPV | 17 204.00 | 175 411.43 | 0.04 |
| Total Australien |  | 1 526 144.69 | 0.31 |
| Belgien |  |  |  |
| EUR	AGEAS NPV | 2 241.00 | 76 453.45 | 0.02 |
| EUR	KBC GROUP NV NPV | 2 943.00 | 154 090.52 | 0.03 |
| EUR	TELENET GRP HLDG NPV | 648.00 | 26 568.79 | 0.00 |
| EUR	UCB NPV | 1 571.00 | 157 275.17 | 0.03 |
| Total Belgien |  | 414 387.93 | 0.08 |
| Kanada |  |  |  |
| CAD	1ST QUANTUM MINLS COM NPV | 8 748.00 | 51 075.36 | 0.01 |
| CAD	AGNICO EAGLE MINES LTD COM | 2 940.00 | 187 371.29 | 0.04 |
| CAD	ALIMENTATION COUCHE TARD INC SUB VTG SH | 10 762.00 | 335 582.55 | 0.07 |
| CAD	AURORA CANNABIS IN COM NPV(POST REV SPLIT) | 417.00 | 5 813.63 | 0.00 |
| CAD	BANK NOVA SCOTIA HALIFAX COM | 15 033.00 | 600 036.62 | 0.12 |
| CAD	BANK OF MONTREAL COM NPV | 7 633.00 | 375 078.40 | 0.08 |
| CAD	BARRICK GOLD CORP COM NPV | 21 552.00 | 516 268.79 | 0.11 |
| CAD	BCE INC COM NEW | 1 906.00 | 78 917.94 | 0.02 |
| CAD	BLACKBERRY LTD NPV | 6 340.00 | 29 356.10 | 0.01 |
| CAD	BROOKFIELD ASSET M LTD VTG SHS NPV CL'A' | 16 227.50 | 507 534.97 | 0.10 |
| CAD	CAN PACIFIC RYS COM NPV | 1 652.00 | 412 462.16 | 0.08 |
| CAD	CANADIAN NAT RES LTD COM | 14 643.00 | 266 438.61 | 0.05 |
| CAD	CANADIAN NATL RY CO COM | 8 679.00 | 744 703.66 | 0.15 |
| CAD	CANADIAN TIRE LTD CL A | 735.00 | 62 545.72 | 0.01 |
| CAD	CCL INDUSTRIES INC 'B'NON-VTG COM NPV | 1 849.00 | 62 056.95 | 0.01 |
| CAD	CDN IMPERIAL BK OF COMMERCE COM | 5 500.00 | 351 320.36 | 0.07 |
| CAD	CENOVUS ENERGY INC COM NPV | 13 060.00 | 56 692.23 | 0.01 |
| CAD	CGI INC COM NPV SUB VOTING SHARES C | 2 777.00 | 176 762.02 | 0.04 |
| CAD	CONSTELLATION SOFT COM STK NPV | 258.00 | 292 145.52 | 0.06 |
| CAD	CRONOS GROUP INC COM NPV | 1 300.00 | 8 492.98 | 0.00 |
| CAD	DOLLARAMA INC COM NPV | 3 770.00 | 127 321.37 | 0.03 |
| CAD	ENBRIDGE INC COM NPV | 24 685.00 | 799 735.42 | 0.16 |
| CAD	FAIRFAX FINL HLDGS SUB-VTG COM NPV | 317.00 | 87 717.40 | 0.02 |
| CAD	FIRST CAP REAL EST UNIT | 1 500.00 | 14 205.61 | 0.00 |
| CAD	FORTIS INC COM NPV | 5 331.00 | 204 453.99 | 0.04 |
| CAD	FRANCO NEVADA CORP COM NPV | 2 342.00 | 327 459.79 | 0.07 |
| CAD	GILDAN ACTIVEWEAR INC COM | 2 636.00 | 36 425.70 | 0.01 |
| CAD	GREAT WEST LIFECO INC COM | 3 297.00 | 53 479.05 | 0.01 |
| CAD	IA FINANCIAL CORP COM NPV | 1 303.00 | 41 450.52 | 0.01 |
| CAD	IMPERIAL OIL LTD COM NEW | 3 394.00 | 52 817.93 | 0.01 |
| CAD	INTACT FINL CORP COM NPV | 1 694.00 | 161 090.56 | 0.03 |
| CAD	INTER PIPELINE LTD COM NPV | 5 359.00 | 48 890.89 | 0.01 |
| CAD	LOBLAW COS LTD COM | 2 140.00 | 105 529.16 | 0.02 |
| CAD	MAGNA INTL INC COM NPV | 3 648.00 | 153 236.06 | 0.03 |
| CAD	MANULIFE FINL CORP COM | 23 572.00 | 291 622.92 | 0.06 |
| CAD	METRO INC CL A SUB | 3 020.00 | 125 458.25 | 0.03 |
| CAD	NATL BK OF CANADA COM NPV | 4 042.00 | 175 342.44 | 0.04 |
| CAD	NUTRIEN LTD NPV | 7 043.00 | 239 488.50 | 0.05 |
| CAD	OPEN TEXT CO COM NPV | 3 285.00 | 135 944.15 | 0.03 |
| CAD	PARKLAND CORP. COM NPV | 1 900.00 | 53 225.29 | 0.01 |
| CAD	PEMBINA PIPELINE C COM NPV | 6 738.00 | 167 694.40 | 0.03 |
| CAD	POWER CORP CDA COM | 6 793.00 | 110 136.83 | 0.02 |
| CAD	RESTAURANT BRANDS COM NPV | 3 548.00 | 193 083.90 | 0.04 |
| CAD	ROGERS COMMS INC CLASS'B'COM CAD1.62478 | 4 428.00 | 184 847.06 | 0.04 |
| CAD	ROYAL BK OF CANADA COM NPV | 17 460.00 | 1 128 419.77 | 0.23 |
| CAD	SAPUTO INC COM | 3 091.00 | 75 653.69 | 0.02 |
| CAD	SHAW COMMUNICATIONS INC CL B CONV | 5 791.00 | 97 326.67 | 0.02 |
| CAD	SHOPIFY INC COM NPV CL A | 1 268.00 | 958 632.59 | 0.20 |
| CAD	SUN LIFE FINL INC COM | 7 141.00 | 244 009.14 | 0.05 |
| CAD	SUNCOR ENERGY INC COM NPV 'NEW' | 18 954.00 | 324 584.85 | 0.07 |
| CAD	TC ENERGY CORPORAT COM NPV | 11 343.00 | 509 212.24 | 0.10 |
| CAD	TECK RESOURCES LTD CLASS'B'SUB-VTG COM NPV | 6 414.00 | 60 696.80 | 0.01 |
| CAD	THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 2 398.00 | 159 993.89 | 0.03 |
| CAD	TORONTO-DOMINION COM NPV | 22 089.00 | 942 562.02 | 0.19 |
| CAD	WESTON GEORGE LTD COM | 994.00 | 71 526.00 | 0.01 |
| CAD	WHEATON PRECIOUS M COM NPV | 5 647.00 | 242 352.80 | 0.05 |
| Total Kanada |  | 13 826 283.51 | 2.82 |
| Finnland |  |  |  |
| EUR	ELISA OYJ NPV | 1 705.00 | 106 927.87 | 0.02 |
| EUR	FORTUM OYJ EUR3.40 | 5 390.00 | 103 243.66 | 0.02 |
| EUR	NESTE OIL OYJ NPV | 5 050.00 | 204 022.79 | 0.04 |
| EUR	NOKIA OYJ NPV | 64 473.00 | 255 705.33 | 0.05 |
| EUR	ORION CORP SER'B'NPV | 1 176.00 | 62 920.75 | 0.02 |
| EUR	SAMPO PLC SER'A'NPV | 5 520.00 | 197 222.32 | 0.04 |
| EUR	STORA ENSO OYJ NPV SER'R' | 6 807.00 | 83 478.73 | 0.02 |
| EUR	UPM-KYMMENE CORP NPV | 6 575.00 | 189 936.82 | 0.04 |
| Total Finnland |  | 1 203 458.27 | 0.25 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Frankreich |  |  |  |
| EUR | BOLLORE EUR0.16 (RFD 01/01/2020) | 63.00 | 180.80 | 0.00 |
| EUR | GECINA EUR7.50 | 624.00 | 80 308.11 | 0.02 |
| EUR | LA FRANCAISE DES EUR0.40 (PROMESSES) | 604.00 | 20 605.93 | 0.00 |
| EUR | MICHELIN (CGDE) EUR2 | 2 060.00 | 208 200.33 | 0.04 |
| Total Frankreich |  | 309 295.17 | 0.06 |
| Deutschland |  |  |  |
| EUR	ADIDAS AG NPV (REGD) | 2 155.00 | 568 595.50 | 0.11 |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 4 833.00 | 875 318.29 | 0.18 |
| EUR	BASF SE NPV | 10 520.00 | 569 240.00 | 0.12 |
| EUR	BAYER AG NPV (REGD) | 11 597.00 | 783 283.32 | 0.16 |
| EUR	BRENNTAG AG | 1 856.00 | 97 878.97 | 0.02 |
| EUR	DAIMLER AG ORD NPV(REGD) | 9 851.00 | 365 770.02 | 0.07 |
| EUR	DELIVERY HERO SE NPV | 1 474.00 | 141 301.06 | 0.03 |
| EUR	DEUTSCHE BANK AG NPV(REGD) | 23 429.00 | 196 267.26 | 0.04 |
| EUR	DEUTSCHE BOERSE AG NPV(REGD) | 2 281.00 | 375 262.28 | 0.08 |
| EUR	DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 3 049.00 | 31 005.60 | 0.01 |
| EUR	DEUTSCHE POST AG NPV(REGD) | 11 811.00 | 367 600.28 | 0.07 |
| EUR	DEUTSCHE TELEKOM NPV(REGD) | 39 223.00 | 618 451.06 | 0.13 |
| EUR	E.ON SE NPV | 26 991.00 | 285 402.81 | 0.06 |
| EUR	EVONIK INDUSTRIES NPV | 2 443.00 | 60 191.98 | 0.01 |
| EUR	HANNOVER RUECKVERS ORD NPV(REGD) | 711.00 | 114 361.37 | 0.02 |
| EUR	INFINEON TECHNOLOG AG NPV (REGD) | 14 382.00 | 301 654.85 | 0.06 |
| EUR	LEG IMMOBILIEN AG NPV | 697.00 | 86 896.52 | 0.02 |
| EUR	MTU AERO ENGINES H NPV (REGD) | 624.00 | 100 576.02 | 0.02 |
| EUR	MUENCHENER RUECKVE NPV(REGD) | 1 731.00 | 393 952.77 | 0.08 |
| EUR	SCOUT24 AG NPV | 1 079.00 | 82 515.51 | 0.02 |
| EUR	SIEMENS AG NPV(REGD) | 8 948.00 | 980 699.42 | 0.20 |
| EUR	SIEMENS HEALTHINEE NPV | 1 856.00 | 95 928.00 | 0.02 |
| EUR	TELEFONICA DEUTSCH NPV | 10 238.00 | 31 499.87 | 0.01 |
| EUR	UNIPER SE NPV | 2 447.00 | 76 485.96 | 0.01 |
| EUR	UNITED INTERNET AG NPV(REGD) | 1 183.00 | 48 530.76 | 0.01 |
| EUR	VONOVIA SE NPV | 6 176.00 | 355 722.06 | 0.07 |
| Total Deutschland |  | 8 004 391.54 | 1.63 |
| Irland |  |  |  |
| EUR	CRH ORD EUR0.32 | 9 539.00 | 310 893.70 | 0.06 |
| GBP	EXPERIAN ORD USD0.10 | 9 913.00 | 344 745.58 | 0.07 |
| EUR	KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 1 661.00 | 102 634.92 | 0.02 |
| EUR	SMURFIT KAPPA GRP ORD EUR0.001 | 2 490.00 | 81 042.93 | 0.02 |
| Total Irland |  | 839 317.13 | 0.17 |
| Isle of Man |  |  |  |
| GBP	GVC HLDGS PLC ORD EUR0.01 | 7 035.00 | 68 952.75 | 0.01 |
| Total Isle of Man |  | 68 952.75 | 0.01 |
| Italien |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 5 511.00 | 89 469.70 | 0.02 |
| EUR	DAVIDE DE CAMPARI EUR0.05 (POST SUBD) | 6 932.00 | 56 288.91 | 0.01 |
| EUR	ENEL EUR1 | 95 735.00 | 734 893.20 | 0.15 |
| EUR	ENI SPA EUR1 | 29 645.00 | 267 860.94 | 0.06 |
| EUR	FERRARI NV EUR0.01(NEW) | 1 441.00 | 243 479.96 | 0.05 |
| EUR	INTESA SANPAOLO NPV | 174 388.00 | 301 135.31 | 0.06 |
| EUR	MEDIOBANCA SPA EUR0.5 | 8 021.00 | 52 069.73 | 0.01 |
| EUR	MONCLER SPA NPV | 2 179.00 | 81 076.47 | 0.02 |
| EUR	NEXI SPA NPV | 3 562.00 | 58 521.56 | 0.01 |
| EUR	PIRELLI & C SPA NPV | 5 372.00 | 24 081.44 | 0.01 |
| EUR	PRYSMIAN SPA EUR0.10 | 3 081.00 | 65 612.80 | 0.01 |
| EUR	RECORDATI EUR0.125 | 1 455.00 | 66 227.76 | 0.02 |
| EUR	SNAM EUR1 | 24 106.00 | 112 191.06 | 0.02 |
| EUR	TERNA SPA ORD EUR0.22 | 16 752.00 | 113 108.91 | 0.02 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 24 704.00 | 210 657.80 | 0.04 |
| Total Italien |  | 2 476 675.55 | 0.51 |
| Japan |  |  |  |
| JPY	ABC-MART INC NPV | 300.00 | 18 239.20 | 0.00 |
| JPY	AEON CO LTD NPV | 5 400.00 | 119 468.14 | 0.02 |
| JPY	AEON MALL CO LTD NPV | 1 300.00 | 18 280.97 | 0.00 |
| JPY	AGC INC NPV | 1 300.00 | 36 803.27 | 0.01 |
| JPY	AJINOMOTO CO INC NPV | 3 300.00 | 56 268.62 | 0.01 |
| JPY	ALFRESA HOLDINGS NPV | 1 300.00 | 26 220.82 | 0.01 |
| JPY	ANA HOLDINGS INC NPV | 1 000.00 | 24 124.01 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 2 800.00 | 105 466.19 | 0.02 |
| JPY	ASAHI KASEI CORP NPV | 9 400.00 | 74 163.46 | 0.02 |
| JPY	ASTELLAS PHARMA NPV | 15 200.00 | 270 110.92 | 0.06 |
| JPY	BRIDGESTONE CORP NPV | 4 100.00 | 136 127.54 | 0.03 |
| JPY	BROTHER INDUSTRIES NPV | 1 900.00 | 35 783.17 | 0.01 |
| JPY	CANON INC NPV | 8 100.00 | 166 834.36 | 0.03 |
| JPY	CASIO COMPUTER CO NPV | 1 300.00 | 22 890.43 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 5 000.00 | 67 341.16 | 0.01 |
| JPY	CHUGOKU ELEC POWER NPV | 2 100.00 | 28 848.56 | 0.01 |
| JPY	DAI NIPPON PRINTNG NPV | 1 800.00 | 40 917.07 | 0.01 |
| JPY	DAIWA SECS GROUP NPV | 11 400.00 | 47 267.65 | 0.01 |
| JPY	DENSO CORP NPV | 3 200.00 | 122 701.07 | 0.03 |
| JPY	DENTSU GROUP INC NPV | 1 600.00 | 42 845.87 | 0.01 |
| JPY	EAST JAPAN RAILWAY NPV | 2 300.00 | 180 396.34 | 0.04 |
| JPY	ELEC POWER DEV NPV | 1 200.00 | 22 644.45 | 0.00 |
| JPY	FAMILYMART CO LTD NPV | 2 300.00 | 43 102.98 | 0.01 |
| JPY	FUJI FILM HLD CORP NPV | 2 900.00 | 134 078.06 | 0.03 |
| JPY	FUJITSU NPV | 1 600.00 | 164 848.94 | 0.03 |
| JPY	HAKUHODO DY HLDGS NPV | 1 400.00 | 17 400.10 | 0.00 |
| JPY	HAMAMATSU PHOTONIC NPV | 1 000.00 | 45 296.33 | 0.01 |
| JPY	HINO MOTORS NPV | 3 000.00 | 20 299.81 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | HITACHI CONST MACH NPV | 1 000.00 | 26 268.16 | 0.01 |
| JPY | HITACHI METALS NPV | 1 600.00 | 18 445.26 | 0.00 |
| JPY | HITACHI NPV | 7 400.00 | 237 313.78 | 0.05 |
| JPY | HONDA MOTOR CO NPV | 12 600.00 | 325 598.93 | 0.07 |
| JPY | HOYA CORP NPV | 3 000.00 | 281 524.11 | 0.06 |
| JPY | IIDA GROUP HOLDING NPV | 1 000.00 | 14 851.26 | 0.00 |
| JPY | INPEX CORPORATION NPV | 7 000.00 | 48 789.16 | 0.01 |
| JPY | ITOCHU CORP NPV | 10 700.00 | 229 424.05 | 0.05 |
| JPY | JAPAN AIRLINES CO NPV | 900.00 | 17 685.06 | 0.00 |
| JPY | JAPAN POST BANK CO NPV | 3 200.00 | 26 435.23 | 0.01 |
| JPY | JAPAN POST HOLD CO NPV | 12 100.00 | 88 064.33 | 0.02 |
| JPY | JAPAN PRIME REALTY INVESTMENT CORP | 6.00 | 18 322.74 | 0.00 |
| JPY | JAPAN RETAIL FUND INVESTMENT CORP | 19.00 | 25 078.20 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 9 900.00 | 196 419.46 | 0.04 |
| JPY | JFE HOLDINGS INC NPV | 2 900.00 | 21 318.98 | 0.00 |
| JPY | JXTG HOLDINGS INC NPV | 23 700.00 | 91 139.46 | 0.02 |
| JPY | KDDI CORP NPV | 13 400.00 | 390 053.37 | 0.08 |
| JPY | KEYENCE CORP NPV | 1 400.00 | 576 321.53 | 0.12 |
| JPY | KONAMI HOLDINGS CORP NPV | 900.00 | 31 619.25 | 0.01 |
| JPY | KUBOTA CORP NPV | 8 600.00 | 115 707.06 | 0.02 |
| JPY | KYOCERA CORP NPV | 2 500.00 | 135 308.86 | 0.03 |
| JPY | KYOWA KIRIN CO LTD NPV | 1 800.00 | 48 819.79 | 0.01 |
| JPY | LAWSON INC NPV | 200.00 | 11 064.19 | 0.00 |
| JPY | LIXIL GROUP CORP COM NPV | 1 700.00 | 23 732.31 | 0.01 |
| JPY | MARUBENI CORP NPV | 12 200.00 | 59 258.92 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 4 500.00 | 28 778.95 | 0.01 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 1 800.00 | 35 704.27 | 0.01 |
| JPY | MERCARI INC NPV | 500.00 | 14 897.67 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 9 500.00 | 55 932.15 | 0.01 |
| JPY | MITSUBISHI CORP NPV | 10 800.00 | 252 118.63 | 0.05 |
| JPY | MITSUBISHI ELEC CP NPV | 14 500.00 | 190 915.21 | 0.04 |
| JPY | MITSUBISHI ESTATE NPV | 9 200.00 | 146 281.15 | 0.03 |
| JPY | MITSUBISHI HVY IND NPV | 2 400.00 | 62 096.81 | 0.01 |
| JPY | MITSUBISHI MATERLS NPV | 600.00 | 13 661.30 | 0.00 |
| JPY | MITSUBISHI UFJ FIN NPV | 93 900.00 | 387 157.19 | 0.08 |
| JPY | MITSUI & CO NPV | 13 200.00 | 200 386.13 | 0.04 |
| JPY | MIZUHO FINL GP NPV | 185 400.00 | 231 459.60 | 0.05 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 3 600.00 | 105 759.50 | 0.02 |
| JPY | MURATA MFG CO NPV | 4 600.00 | 256 824.62 | 0.05 |
| JPY | NEC CORP NPV | 2 000.00 | 89 757.28 | 0.02 |
| JPY | NEXON CO LTD NPV | 3 900.00 | 81 305.05 | 0.02 |
| JPY | NGK INSULATORS NPV | 1 500.00 | 21 984.50 | 0.00 |
| JPY | NGK SPARK PLUG CO NPV | 1 000.00 | 16 122.89 | 0.00 |
| JPY | NIKON CORP NPV | 2 200.00 | 20 216.27 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 900.00 | 363 725.81 | 0.07 |
| JPY | NIPPON PROLOGIS RE REIT | 17.00 | 47 969.56 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 9 900.00 | 224 584.40 | 0.05 |
| JPY | NIPPON YUSEN KK NPV | 1 700.00 | 24 505.50 | 0.01 |
| JPY | NISSAN MOTOR CO NPV | 17 300.00 | 64 376.20 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 25 100.00 | 107 846.01 | 0.02 |
| JPY | NOMURA REAL EST MA REIT | 39.00 | 47 964.91 | 0.01 |
| JPY | NOMURA RESEARCH IN NPV | 2 600.00 | 68 731.61 | 0.01 |
| JPY | NTT DATA CORP NPV | 4 500.00 | 52 002.60 | 0.01 |
| JPY | NTT DOCOMO NPV | 10 500.00 | 287 657.22 | 0.06 |
| JPY | OMRON CORP NPV | 1 400.00 | 92 783.22 | 0.02 |
| JPY | ORIX CORP NPV | 9 900.00 | 131 313.87 | 0.03 |
| JPY | ORIX JREIT INC REIT | 25.00 | 36 153.53 | 0.01 |
| JPY | OSAKA GAS CO NPV | 2 800.00 | 55 955.82 | 0.01 |
| JPY | OTSUKA CORP NPV | 700.00 | 33 786.61 | 0.01 |
| JPY | OTSUKA HLDGS CO NPV | 3 200.00 | 144 473.01 | 0.03 |
| JPY | PANASONIC CORP NPV | 16 600.00 | 148 380.75 | 0.03 |
| JPY | PARK 24 CO LTD NPV | 1 000.00 | 19 408.73 | 0.00 |
| JPY | RENESAS ELECTRONIC NPV | 6 600.00 | 34 245.14 | 0.01 |
| JPY | RESONA HOLDINGS NPV | 14 700.00 | 52 913.72 | 0.01 |
| JPY | RICOH CO NPV | 6 000.00 | 44 331.00 | 0.01 |
| JPY | ROHM CO LTD NPV | 700.00 | 47 106.33 | 0.01 |
| JPY | SANTEN PHARM CO NPV | 2 800.00 | 51 719.50 | 0.01 |
| JPY | SEGA SAMMY HLDGS I NPV | 1 300.00 | 16 941.57 | 0.00 |
| JPY | SEIKO EPSON CORP NPV | 1 900.00 | 21 409.94 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 2 600.00 | 36 320.60 | 0.01 |
| JPY | SEVEN & I HOLDINGS NPV | 6 100.00 | 208 759.46 | 0.04 |
| JPY | SG HOLDINGS CO LTD NPV | 1 100.00 | 35 888.99 | 0.01 |
| JPY | SHIMADZU CORP NPV | 1 900.00 | 51 408.55 | 0.01 |
| JPY | SHIMAMURA CO NPV | 100.00 | 7 035.78 | 0.00 |
| JPY | SOFTBANK CORP NPV | 12 800.00 | 162 294.52 | 0.03 |
| JPY | SOFTBANK GROUP CO NPV | 12 300.00 | 551 664.74 | 0.11 |
| JPY | SOHGO SECURITY SER NPV | 400.00 | 19 677.91 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 2 600.00 | 92 478.77 | 0.02 |
| JPY | SONY CORP NPV | 10 000.00 | 638 047.07 | 0.13 |
| JPY | SUBARU CORPORATION NPV | 4 700.00 | 103 763.40 | 0.02 |
| JPY | SUMCO CORPORATION NPV | 1 500.00 | 22 986.96 | 0.00 |
| JPY | SUMITOMO CHEM CO NPV | 9 000.00 | 27 901.80 | 0.01 |
| JPY | SUMITOMO CORP NPV | 9 900.00 | 119 276.00 | 0.02 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 1 100.00 | 15 550.19 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 5 400.00 | 62 879.29 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 10 000.00 | 289 506.66 | 0.06 |
| JPY | SUMITOMO MITSUI TR NPV | 2 900.00 | 85 356.66 | 0.02 |
| JPY | SUMITOMO RLTY&DEV NPV | 2 600.00 | 72 025.80 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 11 809.00 | 459 382.00 | 0.09 |
| JPY | TDK CORP NPV | 1 000.00 | 93 562.91 | 0.02 |
| JPY | TOKIO MARINE HLDG NPV | 5 100.00 | 220 975.54 | 0.05 |
| JPY | TOKYO ELEC POWER H NPV | 11 900.00 | 40 095.61 | 0.01 |
| JPY | TOKYO ELECTRON NPV | 1 200.00 | 239 476.50 | 0.05 |
| JPY | TOKYU FUDOSAN HLDG NPV | 5 000.00 | 25 339.95 | 0.01 |
| JPY | TOPPAN PRINTING CO NPV | 1 800.00 | 30 792.22 | 0.01 |
| JPY | TOSHIBA CORP NPV | 3 000.00 | 81 978.93 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | TOYOTA MOTOR CORP NPV | 16 600.00 | 1 040 822.40 | 0.21 |
| JPY | TREND MICRO INC NPV | 900.00 | 49 454.68 | 0.01 |
| JPY | UNICHARM CORP NPV | 3 100.00 | 115 384.97 | 0.02 |
| JPY | UNITED URBAN INVESTMENT CORP | 25.00 | 26 500.21 | 0.01 |
| JPY | WEST JAPAN RAILWAY NPV | 1 300.00 | 83 875.25 | 0.02 |
| JPY | YAMADA DENKI CO NPV | 3 100.00 | 15 077.74 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 1 700.00 | 24 537.06 | 0.01 |
| JPY | YAMAZAKI BAKING CO NPV | 900.00 | 16 131.25 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 2 100.00 | 75 435.10 | 0.02 |
| JPY | YOKOGAWA ELECTRIC NPV | 2 200.00 | 31 692.58 | 0.01 |
| JPY | YOKOHAMA RUBBER CO NPV | 700.00 | 10 571.31 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 20 100.00 | 82 090.31 | 0.02 |
| Total Japan |  | 14 944 978.34 | 3.05 |
| Luxemburg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 7 592.00 | 72 668.89 | 0.01 |
| EUR	TENARIS S.A. USD1 | 5 675.00 | 35 299.98 | 0.01 |
| Total Luxemburg |  | 107 968.87 | 0.02 |
| Niederlande |  |  |  |
| EUR	ADYEN NV EUR0.01 | 207.00 | 272 393.38 | 0.06 |
| EUR	AEGON NV EUR0.12 | 22 817.00 | 61 040.08 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 5 023.00 | 1 636 809.51 | 0.33 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 11 589.00 | 70 281.86 | 0.02 |
| EUR	FIAT CHRYSLER AUTO EUR0.01 | 12 893.00 | 113 900.42 | 0.02 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 2 058.00 | 263 374.34 | 0.05 |
| EUR	NN GROUP N.V. EUR0.12 | 3 412.00 | 105 396.54 | 0.02 |
| EUR	PROSUS N.V. EUR0.05 | 5 662.00 | 469 840.18 | 0.10 |
| GBP	ROYAL DUTCH SHELL PLC 'A'SHS EUR0.07 | 45 557.00 | 709 208.12 | 0.15 |
| Total Niederlande |  | 3 702 244.43 | 0.76 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 31 044.00 | 145 827.76 | 0.03 |
| EUR	GALP ENERGIA EUR1-B | 6 266.00 | 74 683.39 | 0.02 |
| EUR	JERONIMO MARTINS EUR5 | 2 912.00 | 49 818.33 | 0.01 |
| Total Portugal |  | 270 329.48 | 0.06 |
| Spanien |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 192 378.00 | 436 008.03 | 0.09 |
| EUR	BANKINTER SA EUR0.3(REGD) | 9 014.00 | 38 211.84 | 0.01 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 78 998.00 | 245 430.47 | 0.05 |
| EUR	MAPFRE SA EUR0.10 | 17 833.00 | 31 401.24 | 0.00 |
| Total Spanien |  | 751 051.58 | 0.15 |
| Schweiz |  |  |  |
| CHF	ABB LTD CHF0.12 (REGD) | 21 777.00 | 428 195.62 | 0.09 |
| CHF	ADECCO GROUP AG CHF0.1 (REGD) | 1 778.00 | 84 430.48 | 0.02 |
| CHF	ALCON AG CHF0.04 | 5 801.00 | 373 650.34 | 0.08 |
| CHF	BALOISE-HLDGS CHF0.1(REGD) | 597.00 | 84 886.23 | 0.02 |
| CHF	BARRY CALLEBAUT AG CHF0.02 (REGD) | 34.00 | 68 375.14 | 0.01 |
| CHF	BQE CANT VAUDOISE CHF1 | 70.00 | 6 805.45 | 0.00 |
| CHF	CLARIANT CHF4.00(REGD) | 2 692.00 | 49 359.41 | 0.01 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 2 301.00 | 57 975.52 | 0.01 |
| CHF	CREDIT SUISSE GRP CHF0.04(REGD) | 30 422.00 | 277 651.82 | 0.06 |
| CHF	EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 110.00 | 81 352.14 | 0.02 |
| CHF	GEBERIT CHF0.10(REGD) | 443.00 | 215 482.36 | 0.04 |
| CHF	GIVAUDAN AG CHF10 | 107.00 | 383 916.94 | 0.08 |
| CHF	JULIUS BAER GRUPPE CHF0.02 (REGD) | 2 667.00 | 113 542.52 | 0.02 |
| CHF	KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 666.00 | 95 945.04 | 0.02 |
| CHF	LAFARGEHOLCIM LTD CHF2 (REGD) | 5 746.00 | 237 687.14 | 0.05 |
| CHF	LINDT & SPRUENGLI CHF100(REGD) | 1.00 | 86 811.70 | 0.02 |
| CHF	LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 1 000.00 | 58 998.65 | 0.01 |
| CHF	LONZA GROUP AG CHF1(REGD) | 871.00 | 427 476.32 | 0.09 |
| CHF	NESTLE SA CHF0.10(REGD) | 35 239.00 | 3 809 641.45 | 0.78 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 25 406.00 | 2 195 753.28 | 0.45 |
| CHF	PARTNERS GROUP HLG CHF0.01 (REGD) | 223.00 | 184 398.04 | 0.04 |
| CHF	RICHEMONT(CIE FIN) CHF1.00 (REG) SER 'A' | 6 112.00 | 355 510.11 | 0.07 |
| CHF	SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 298.00 | 68 986.36 | 0.01 |
| CHF	SGS LTD CHF1(REGD) | 69.00 | 161 960.03 | 0.03 |
| CHF	SIKA AG CHF0.01 (REG) | 1 643.00 | 281 329.76 | 0.06 |
| CHF	SONOVA HOLDING AG CHF0.05 (REGD) | 645.00 | 141 326.64 | 0.03 |
| CHF	STRAUMANN HLDG CHF0.1(REGD) | 123.00 | 99 608.62 | 0.02 |
| CHF	SWATCH GROUP CHF0.45(REGD) | 546.00 | 21 221.65 | 0.00 |
| CHF	SWISS LIFE HLDG CHF5.1(REGD) | 387.00 | 135 915.27 | 0.03 |
| CHF	SWISS PRIME SITE CHF15.3 (REGD) | 919.00 | 85 519.52 | 0.02 |
| CHF	SWISSCOM AG CHF1(REGD) | 303.00 | 157 634.43 | 0.03 |
| CHF	TEMENOS AG CHF5 (REGD) | 778.00 | 118 801.50 | 0.02 |
| CHF	UBS GROUP CHF0.10 (REGD) | 45 042.00 | 482 911.00 | 0.10 |
| CHF	ZURICH INSURANCE GRP CHF0.10 | 1 744.00 | 561 848.65 | 0.11 |
| Total Schweiz |  | 11 994 909.13 | 2.45 |
| Grossbritannien |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 2 277.00 | 65 675.24 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 13 310.00 | 279 836.33 | 0.06 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 5 172.00 | 56 038.28 | 0.01 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 4 957.00 | 146 651.15 | 0.03 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 4 230.00 | 95 230.09 | 0.02 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 10 712.00 | 73 923.79 | 0.01 |
| GBP	BARCLAYS ORD GBP0.25 | 197 256.00 | 281 033.01 | 0.06 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 1 404.00 | 71 079.58 | 0.01 |
| GBP	BP ORD USD0.25 | 227 381.00 | 859 497.28 | 0.17 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 4 283.00 | 79 187.82 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| GBP | COMPASS GROUP ORD GBP0.1105 | 20 141.00 | 294 819.77 | 0.06 |
| GBP | CRODA INTL ORD GBP0.10609756 | 1 341.00 | 86 043.88 | 0.02 |
| GBP | DIAGEO ORD GBP0.28 101/108 | 26 380.00 | 910 082.34 | 0.19 |
| GBP | DIRECT LINE INSURA ORD GBP 0.109090909 | 14 796.00 | 48 401.42 | 0.01 |
| GBP | FERGUSON PLC (NEW) ORD GBP0.10 | 2 491.00 | 196 048.82 | 0.04 |
| GBP | GLAXOSMITHKLINE ORD GBP0.25 | 56 653.00 | 1 170 930.45 | 0.24 |
| GBP | HARGREAVES LANSDOW ORD GBP0.004 (WI) | 3 865.00 | 87 610.13 | 0.02 |
| GBP | HSBC HLDGS ORD USD0.50(UK REG) | 227 828.00 | 1 042 437.56 | 0.21 |
| GBP | IMPERIAL BRANDS PL GBP0.10 | 10 208.00 | 185 074.51 | 0.04 |
| GBP | INTERCONTL HOTELS ORD GBP0.208521303 | 1 967.00 | 94 135.06 | 0.02 |
| GBP | INTERTEK GROUP ORD GBP0.01 | 1 855.00 | 126 271.11 | 0.03 |
| GBP | LEGAL & GENERAL GP ORD GBP0.025 | 67 258.00 | 165 054.86 | 0.03 |
| GBP | LONDON STOCK EXCH ORD GBP0.06918604 | 3 625.00 | 359 871.48 | 0.07 |
| GBP | M&G PLC ORD GBP0.05 | 26 919.00 | 46 591.94 | 0.01 |
| GBP | MONDI ORD EUR0.20 | 5 342.00 | 99 593.06 | 0.02 |
| GBP | MORRISON(W)SUPRMKT ORD GBP0.10 | 30 816.00 | 71 128.63 | 0.01 |
| GBP | NEXT ORD GBP0.10 | 1 433.00 | 86 171.49 | 0.02 |
| GBP | PEARSON ORD GBP0.25 | 8 268.00 | 47 367.49 | 0.01 |
| GBP | PERSIMMON ORD GBP0.10 | 3 688.00 | 104 548.75 | 0.02 |
| GBP | PRUDENTIAL ORD GBP0.05 | 29 454.00 | 381 254.37 | 0.08 |
| GBP | RIO TINTO ORD GBP0.10 | 12 369.00 | 659 535.11 | 0.13 |
| GBP | ROYAL BK SCOT GRP ORD GBP1 (POST CONS) | 56 046.00 | 76 461.15 | 0.02 |
| GBP | RSA INSURANCE GRP ORD GBP1.00 | 10 618.00 | 51 759.89 | 0.01 |
| GBP | SAINSBURY(J) ORD GBP0.28571428 | 20 114.00 | 48 241.86 | 0.01 |
| GBP | SCHRODERS VTG SHS GBP1 | 1 158.00 | 42 304.83 | 0.01 |
| GBP | SMITH & NEPHEW ORD USD0.20 | 9 729.00 | 197 499.15 | 0.04 |
| GBP | STANDARD CHARTERED ORD USD0.50 | 28 899.00 | 131 621.34 | 0.03 |
| GBP | STD LIFE ABERDEEN ORD GBP0.1396825396 | 25 301.00 | 80 795.27 | 0.02 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 37 617.00 | 66 782.47 | 0.01 |
| GBP | TESCO ORD GBP0.05 | 111 216.00 | 313 904.15 | 0.06 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 13 091.00 | 701 108.35 | 0.14 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 293 324.00 | 482 379.01 | 0.10 |
| Total Grossbritannien |  | 10 463 982.27 | 2.13 |
| Vereinigte Staaten |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 4 024.00 | 73 830.59 | 0.02 |
| CAD	OVINTIV INC COM USD0.01 | 1 339.00 | 10 055.58 | 0.00 |
| Total Vereinigte Staaten |  | 83 886.17 | 0.02 |
| Total Namensaktien |  | 70 988 256.81 | 14.48 |
| Depository Receipts |  |  |  |
| Irland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 6 033.00 | 103 922.11 | 0.02 |
| Total Irland |  | 103 922.11 | 0.02 |
| Luxemburg |  |  |  |
| EUR	SES S.A. FDR EACH REP 1 'A' NPV | 4 038.00 | 29 887.57 | 0.00 |
| Total Luxemburg |  | 29 887.57 | 0.00 |
| Niederlande |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 4 714.00 | 37 806.49 | 0.01 |
| Total Niederlande |  | 37 806.49 | 0.01 |
| Total Depository Receipts |  | 171 616.17 | 0.03 |
| Zertifikate auf Anlagefonds |  |  |  |
| Irland |  |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 31.03.21	8 550 000.00 | 12 539 430.00 | 2.56 |
| Total Irland | 12 539 430.00 | 2.56 |
| Total Zertifikate auf Anlagefonds | 12 539 430.00 | 2.56 |

Investment Fonds, closed end
| Kanada |  |
| --- | --- |
| CAD | RIOCAN REAL ESTATE INVESTMENT TRUST | 1 366.00 | 14 389.35 | 0.00 |
| Total Kanada |  | 14 389.35 | 0.00 |
| Grossbritannien |  |  |  |
| GBP	SEGRO PLC REIT | 12 810.00 | 132 967.48 | 0.03 |
| Total Grossbritannien |  | 132 967.48 | 0.03 |
| Total Investment Fonds, closed end |  | 147 356.83 | 0.03 |
| Anrechte |  |  |  |
| Grossbritannien |  |  |  |
| GBP	WHITBREAD PLC-NIL RIGHTS 09.06.20 | 776.00 | 9 612.88 | 0.00 |
| Total Grossbritannien |  | 9 612.88 | 0.00 |
| Total Anrechte |  | 9 612.88 | 0.00 |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	3M CO 2.25000% 16-19.09.26 | 350 000.00 | 374 017.46 | 0.08 |
| USD	ABU DHABI,GOVERNMENT OF-REG-S 3.12500% 17-11.10.27 | 1 900 000.00 | 2 037 750.00 | 0.42 |
| USD	ALBERTA, PROVINCE OF 3.30000% 18-15.03.28 | 900 000.00 | 1 037 615.31 | 0.21 |
| USD	ALPHABET INC 1.99800% 16-15.08.26 | 1 025 000.00 | 1 108 781.76 | 0.23 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 700 000.00 | 746 030.74 | 0.15 |
| USD | APPLE INC 1.65000% 20-11.05.30 | 750 000.00 | 760 979.18 | 0.16 |
| USD | APPLE INC 2.20000% 19-11.09.29 | 800 000.00 | 858 769.76 | 0.18 |
| USD | APPLE INC 2.40000% 13-03.05.23 | 500 000.00 | 529 209.25 | 0.11 |
| USD | APPLE INC 2.45000% 16-04.08.26 | 1 300 000.00 | 1 417 082.42 | 0.29 |
| USD | APPLE INC 2.85000% 16-23.02.23 | 475 000.00 | 504 598.68 | 0.10 |
| USD | APPLE INC 3.20000% 17-11.05.27 | 775 000.00 | 874 518.91 | 0.18 |
| USD | ASIAN DEVELOPMENT BANK 2.62500% 19-30.01.24 | 525 000.00 | 567 414.75 | 0.12 |
| USD | BANK OF NOVA SCOTIA 2.00000% 19-15.11.22 | 330 000.00 | 339 101.59 | 0.07 |
| USD | BAYER US FINANCE II LLC-REG-S 3.87500% 18-15.12.23 | 500 000.00 | 539 297.00 | 0.11 |
| USD | BERKSHIRE HATHAWAY INC 2.20000% 16-15.03.21 | 525 000.00 | 531 689.86 | 0.11 |
| USD | BERKSHIRE HATHAWAY INC 3.12500% 16-15.03.26 | 525 000.00 | 586 961.34 | 0.12 |
| USD | BRITISH COLUMBIA, PROVINCE OF 1.75000% 19-27.09.24 | 250 000.00 | 261 617.50 | 0.05 |
| USD | CHEVRON CORP 2.23600% 20-11.05.30 | 1 071 000.00 | 1 125 279.35 | 0.23 |
| USD | CHEVRON CORP 2.41900% 15-17.11.20 | 500 000.00 | 503 579.75 | 0.10 |
| USD | CHEVRON CORP 3.19100% 13-24.06.23 | 675 000.00 | 725 562.84 | 0.15 |
| USD | COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.90000% 18-16.03.28 | 450 000.00 | 508 612.50 | 0.10 |
| USD | COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.35000% 19-04.06.24 | 500 000.00 | 539 775.00 | 0.11 |
| USD | CORPORACION ANDINA DE FOMENTO 4.37500% 12-15.06.22 | 625 000.00 | 653 912.50 | 0.13 |
| USD | COUNCIL OF EUROPE DEVELOPMENT BANK 1.62500% 16-16.03.21 | 200 000.00 | 201 859.78 | 0.04 |
| USD | DEXIA CREDIT LOCAL SA-REG-S 2.50000% 18-25.01.21 | 500 000.00 | 506 464.85 | 0.10 |
| USD | EQUINOR ASA 3.62500% 18-10.09.28 | 700 000.00 | 792 440.67 | 0.16 |
| USD | EUROPEAN INVESTMENT BANK 2.00000% 16-15.03.21 | 100 000.00 | 101 256.00 | 0.02 |
| USD | EUROPEAN INVESTMENT BANK 2.37500% 17-24.05.27 | 1 000 000.00 | 1 113 867.00 | 0.23 |
| USD | EXPORT DEVELOPMENT CANADA 2.00000% 17-17.05.22 | 200 000.00 | 206 495.84 | 0.04 |
| USD | EXPORT-IMPORT BANK OF KOREA 2.50000% 15-10.05.21 | 300 000.00 | 304 687.50 | 0.06 |
| USD | EXPORT-IMPORT BANK OF KOREA 3.25000% 15-10.11.25 | 700 000.00 | 776 562.50 | 0.16 |
| USD | EXPORT-IMPORT BANK OF KOREA 2.75000% 17-25.01.22 | 400 000.00 | 411 250.00 | 0.08 |
| USD | EXXON MOBIL CORP 3.04300% 16-01.03.26 | 1 075 000.00 | 1 190 813.40 | 0.24 |
| USD | EXXON MOBIL CORP 3.48200% 20-19.03.30 | 90 000.00 | 101 782.36 | 0.02 |
| USD | HSBC BANK PLC-REG-S 4.12500% 10-12.08.20 | 125 000.00 | 125 882.23 | 0.03 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.37500% 17-07.07.27 | 400 000.00 | 445 362.64 | 0.09 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.25000% 19-18.06.29 | 800 000.00 | 894 545.52 | 0.18 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.00000% 19-23.07.26 | 750 000.00 | 809 280.90 | 0.17 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 400 000.00 | 418 249.08 | 0.09 |
| USD | INTL BK FOR RECONSTR & DEVT WORLD BANK 1.75000% 19-23.10.29 | 500 000.00 | 539 570.00 | 0.11 |
| USD | JOHNSON & JOHNSON 2.45000% 16-01.03.26 | 1 050 000.00 | 1 148 490.11 | 0.23 |
| USD | JOHNSON & JOHNSON 2.90000% 17-15.01.28 | 250 000.00 | 281 111.48 | 0.06 |
| USD | JOHNSON & JOHNSON 3.37500% 13-05.12.23 | 300 000.00 | 332 049.60 | 0.07 |
| USD | KOREA DEVELOPMENT BANK 2.75000% 17-19.03.23 | 400 000.00 | 419 125.00 | 0.09 |
| USD | KOREA EAST-WEST POWER CO LTD-REG-S 3.87500% 18-19.07.23 | 610 000.00 | 660 896.88 | 0.13 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.00000% 12-19.09.22 | 200 000.00 | 208 125.00 | 0.04 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.12500% 17-25.07.27 | 800 000.00 | 857 500.00 | 0.17 |
| USD | KOREA SOUTH-EAST POWER CO LTD-REG-S 2.12500% 20-03.02.25 | 200 000.00 | 206 826.00 | 0.04 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.12500% 13-17.01.23 | 650 000.00 | 680 774.51 | 0.14 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 15-02.05.25 | 1 550 000.00 | 1 662 266.50 | 0.34 |
| USD | KUWAIT INTERNATIONAL GOVT BOND-REG-S 3.50000% 17-20.03.27 | 1 500 000.00 | 1 653 750.00 | 0.34 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 2.00000% 15-13.01.25 | 775 000.00 | 827 165.25 | 0.17 |
| USD | MICROSOFT CORP 2.65000% 15-03.11.22 | 900 000.00 | 948 020.40 | 0.19 |
| USD | MICROSOFT CORP 2.87500% 17-06.02.24 | 1 425 000.00 | 1 543 681.41 | 0.31 |
| USD | MICROSOFT CORP 3.30000% 17-06.02.27 | 1 500 000.00 | 1 722 750.15 | 0.35 |
| USD | NATIONAL AUSTRALIA BANK LTD/NY 2.50000% 16-12.07.26 | 800 000.00 | 841 840.00 | 0.17 |
| USD | NEW YORK LIFE GLOBAL FUNDING-REG-S 3.00000% 18-10.01.28 | 425 000.00 | 465 617.93 | 0.09 |
| USD | NORDIC INVESTMENT BANK 2.25000% 14-30.09.21 | 200 000.00 | 205 012.00 | 0.04 |
| USD | NOVARTIS CAPITAL CORP 2.40000% 12-21.09.22 | 850 000.00 | 887 230.51 | 0.18 |
| USD | NOVARTIS CAPITAL CORP 3.10000% 17-17.05.27 | 850 000.00 | 949 305.67 | 0.19 |
| USD | NOVARTIS CAPITAL CORP 2.20000% 20-14.08.30 | 600 000.00 | 634 210.56 | 0.13 |
| USD | QATAR, STATE OF-REG-S 2.37500% 16-02.06.21 | 1 250 000.00 | 1 262 890.63 | 0.26 |
| USD | QATAR, STATE OF-REG-S 3.37500% 19-14.03.24 | 300 000.00 | 318 843.75 | 0.07 |
| USD | QATAR, STATE OF-REG-S 4.00000% 19-14.03.29 | 875 000.00 | 986 562.50 | 0.20 |
| USD | QUEBEC, PROVINCE OF 2.50000% 16-20.04.26 | 1 150 000.00 | 1 255 754.00 | 0.26 |
| USD | ROCHE HOLDINGS INC-REG-S 3.62500% 18-17.09.28 | 800 000.00 | 935 054.16 | 0.19 |
| USD | SANOFI 4.00000% 11-29.03.21 | 350 000.00 | 360 473.54 | 0.07 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.25000% 12-06.01.23 | 400 000.00 | 417 044.04 | 0.09 |
| USD | SHELL INTERNATIONAL FINANCE BV 1.87500% 16-10.05.21 | 200 000.00 | 202 618.06 | 0.04 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.87500% 16-10.05.26 | 1 275 000.00 | 1 390 449.08 | 0.28 |
| USD | SINOPEC GROUP OVERSEAS DEV 2013-REG-S 4.37500% 13-17.10.23 | 300 000.00 | 326 367.00 | 0.07 |
| USD | STATE STREET CORP 2.40000% 20-24.01.30 | 208 000.00 | 220 905.13 | 0.05 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.70000% 13-15.01.24 | 350 000.00 | 384 679.75 | 0.08 |
| USD | VISA INC 3.15000% 15-14.12.25 | 1 000 000.00 | 1 123 541.90 | 0.23 |
| USD | WALMART INC 2.55000% 13-11.04.23 | 750 000.00 | 790 176.08 | 0.16 |
| USD | WALMART INC 3.70000% 18-26.06.28 | 1 500 000.00 | 1 774 902.30 | 0.36 |
| USD | WESTPAC BANKING CORP 2.85000% 16-13.05.26 | 1 241 000.00 | 1 331 468.90 | 0.27 |
| USD | WESTPAC BANKING CORP 3.35000% 17-08.03.27 | 300 000.00 | 332 436.00 | 0.07 |
| Total USD |  |  | 56 622 443.50 | 11.55 |
| Total Notes, fester Zins |  | 56 622 443.50 | 11.55 |
| Medium-Term Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AFRICAN DEVELOPMENT BANK 2.37500% 14-23.09.21 | 475 000.00 | 487 392.75 | 0.10 |
| USD	ASB FINANCE LTD-REG-S 2.12500% 16-01.09.21 | 400 000.00 | 401 037.40 | 0.08 |
| USD	ASIAN DEVELOPMENT BANK 2.62500% 17-12.01.27 | 750 000.00 | 842 044.05 | 0.17 |
| USD	ASIAN DEVELOPMENT BANK 2.00000% 17-16.02.22 | 950 000.00 | 977 084.50 | 0.20 |
| USD	ASIAN DEVELOPMENT BANK 2.50000% 17-02.11.27 | 1 000 000.00 | 1 125 732.60 | 0.23 |
| USD	ASIAN DEVELOPMENT BANK 1.75000% 19-19.09.29 | 1 000 000.00 | 1 074 911.80 | 0.22 |
| USD	BANK OF AMERICA CORP 3.24800% 16-21.10.27 | 725 000.00 | 792 346.41 | 0.16 |
| USD	BANK OF MONTREAL 1.90000% 16-27.08.21 | 300 000.00 | 305 131.80 | 0.06 |
| USD	CAISSE D'AMOR DE LA DETTE SOCIALE-REG-S 3.37500% 14-20.03.24 | 400 000.00 | 442 888.00 | 0.09 |
| USD	CLIFFORD CAPITAL PTE LTD-REG-S 1.73300% 19-10.09.24 | 650 000.00 | 662 460.50 | 0.14 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.15000% 17-19.09.27 | 150 000.00 | 161 568.00 | 0.03 |
| USD	CPPIB CAPITAL INC-REG-S 2.75000% 17-02.11.27 | 1 000 000.00 | 1 122 273.40 | 0.23 |
| USD	FINNVERA OYJ-REG-S 1.87500% 17-05.10.20 | 200 000.00 | 200 958.00 | 0.04 |
| USD	IDB TRUST SERVICES LTD-REG-S 2.26100% 17-26.09.22 | 800 000.00 | 825 144.64 | 0.17 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 350 000.00 | 380 810.50 | 0.08 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 17-22.11.27 | 1 305 000.00 | 1 473 619.05 | 0.30 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | JAPAN TOBACCO INC-REG-S 2.80000% 16-13.04.26 | 400 000.00 | 419 520.00 | 0.09 |
| USD | KOMMUNEKREDIT-REG-S 1.62500% 16-01.06.21 | 225 000.00 | 227 719.35 | 0.05 |
| USD | KOREA DEVELOPMENT BANK 1.75000% 20-18.02.25 | 225 000.00 | 230 945.96 | 0.05 |
| USD | LANDESKREDITBANK B-WUERTT FOERDBK-REG-S 1.37500% 16-21.07.21 | 250 000.00 | 252 711.00 | 0.05 |
| USD | MACQUARIE GROUP LTD-REG-S 6.25000% 11-14.01.21 | 250 000.00 | 257 140.00 | 0.05 |
| USD | MDGH - GMTN BV-REG-S 3.00000% 17-19.04.24 | 600 000.00 | 625 500.00 | 0.13 |
| USD | MUNICIPALITY FINANCE PLC-REG-S 1.87500% 17-18.09.20 | 200 000.00 | 200 808.00 | 0.04 |
| USD | NEDERLANDSE WATERSCHAPSBK NV-REG-S 3.00000% 18-21.12.21 | 200 000.00 | 207 992.80 | 0.04 |
| USD | NESTLE HOLDINGS INC-REG-S 1.87500% 16-09.03.21 | 500 000.00 | 503 450.00 | 0.10 |
| USD | NESTLE HOLDINGS INC-REG-S 2.37500% 17-18.01.22 | 325 000.00 | 334 176.86 | 0.07 |
| USD | NESTLE HOLDINGS INC-REG-S 3.12500% 18-22.03.23 | 415 000.00 | 440 908.45 | 0.09 |
| USD | NISSAN MOTOR ACCEPTANCE CORP-REG-S 2.60000% 17-28.09.22 | 100 000.00 | 92 567.90 | 0.02 |
| USD | NORDRHEIN-WESTFALEN, STATE OF-REG-S 2.25000% 15-16.04.25 | 200 000.00 | 215 338.40 | 0.04 |
| USD | SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 2.50000% 20-03.02.27 | 600 000.00 | 603 600.00 | 0.12 |
| USD | SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 400 000.00 | 434 940.00 | 0.09 |
| USD | SUMITOMO MITSUI BANKING CORP-REG-S 2.44000% 19-18.06.24 | 418 000.00 | 432 922.60 | 0.09 |
| USD | SVENSK EXPORTKREDIT AB 1.75000% 16-10.03.21 | 200 000.00 | 202 156.46 | 0.04 |
| USD | TOYOTA MOTOR CREDIT CORP 2.60000% 17-11.01.22 | 350 000.00 | 359 177.14 | 0.07 |
| USD | TOYOTA MOTOR FINANCE NL BV-REG-S 2.76400% 19-26.04.21 | 450 000.00 | 453 139.11 | 0.09 |
| Total USD |  |  | 17 770 117.43 | 3.62 |
| Total Medium-Term Notes, fester Zins |  | 17 770 117.43 | 3.62 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	BNG BANK NV-REG-S 2.62500% 14-28.04.21 | 350 000.00 | 356 677.65 | 0.07 |
| USD	BNG BANK NV-REG-S 2.37500% 16-16.03.26 | 450 000.00 | 490 876.11 | 0.10 |
| USD	CAISSE D'AMORTIS DE LA DETTE SOC-REG-S 1.87500% 15-12.02.22 | 475 000.00 | 486 813.25 | 0.10 |
| USD	CANADIAN IMPERIAL BANK OF COM/CAN-REG-S 2.35000% 17-27.07.22 | 350 000.00 | 360 573.89 | 0.07 |
| USD	CENTRAL JAPAN RAILWAY CO-REG-S 3.40000% 18-06.09.23 | 400 000.00 | 423 504.68 | 0.09 |
| USD	DBS BANK LTD-REG-S 3.30000% 18-27.11.21 | 480 000.00 | 499 050.10 | 0.10 |
| USD	DNB BOLIGKREDITT AS-REG-S 2.50000% 17-28.03.22 | 500 000.00 | 516 265.00 | 0.11 |
| USD	EUROPEAN INVESTMENT BANK 1.87500% 15-10.02.25 | 1 750 000.00 | 1 863 250.55 | 0.38 |
| USD	FAB SUKUK CO LTD-REG-S 3.87500% 19-22.01.24 | 300 000.00 | 318 375.00 | 0.06 |
| USD	FEDERAL HOME LOAN BANK SYSTEM 2.00000% 12-09.09.22 | 600 000.00 | 623 406.24 | 0.13 |
| USD	FMS WERTMANAGEMENT 2.00000% 17-01.08.22 | 375 000.00 | 388 312.09 | 0.08 |
| USD	ING BANK NV-REG-S 2.62500% 12-05.12.22 | 250 000.00 | 261 805.82 | 0.05 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 14-25.11.24 | 675 000.00 | 735 473.25 | 0.15 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 15-29.07.25 | 750 000.00 | 824 400.00 | 0.17 |
| USD	KOREA GAS CORP-REG-S 2.87500% 19-16.07.29 | 300 000.00 | 322 125.00 | 0.07 |
| USD	KOREA NATIONAL OIL CORP-REG-S 3.25000% 14-10.07.24 | 450 000.00 | 482 906.25 | 0.10 |
| USD	KOREA, REPUBLIC OF 3.87500% 13-11.09.23 | 600 000.00 | 655 687.50 | 0.13 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.50000% 14-20.11.24 | 625 000.00 | 681 241.06 | 0.14 |
| USD	MORGAN STANLEY 5.50000% 10-24.07.20 | 450 000.00 | 453 208.50 | 0.09 |
| USD	NATIONWIDE BUILDING SOCIETY-REG-S 1.70000% 20-13.02.23 | 583 000.00 | 596 546.06 | 0.12 |
| USD	NOVARTIS CAPITAL CORP 3.40000% 14-06.05.24 | 200 000.00 | 220 382.94 | 0.04 |
| USD	OESTERREICHISCHE KONTROLLBANK AG 2.37500% 14-01.10.21 | 325 000.00 | 333 839.12 | 0.07 |
| USD	ONTARIO, PROVINCE OF 3.20000% 14-16.05.24 | 750 000.00 | 822 330.07 | 0.17 |
| USD	ONTARIO, PROVINCE OF 2.50000% 16-27.04.26 | 700 000.00 | 762 972.00 | 0.16 |
| USD	ROYAL BANK OF CANADA 2.10000% 15-14.10.20 | 375 000.00 | 377 236.65 | 0.08 |
| USD	ROYAL BANK OF CANADA-REG-S 3.35000% 18-22.10.21 | 500 000.00 | 518 575.05 | 0.11 |
| USD	SWEDBANK AB-REG-S 2.80000% 17-14.03.22 | 200 000.00 | 206 310.80 | 0.04 |
| Total USD |  | 14 582 144.63 | 2.98 |
| Total Anleihen, fester Zins |  | 14 582 144.63 | 2.98 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.62500% 19-15.02.29 | 402 000.00 | 471 580.53 | 0.10 |
| USD	AMERICA, UNITED STATES OF 1.50000% 15-31.01.22 | 5 000.00 | 5 109.76 | 0.00 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 50 000.00 | 55 875.00 | 0.01 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 10 000.00 | 10 457.81 | 0.00 |
| USD	AMERICA, UNITED STATES OF 0.62500% 20-15.05.30 | 1 000.00 | 997.85 | 0.00 |
| Total USD |  | 544 020.95 | 0.11 |
| Total Treasury-Notes, fester Zins | 544 020.95 | 0.11 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 236 395 272.82 | 48.21 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Treasury-Bills, Nullcoupon |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 26.03.20-24.09.20	5 000.00 | 4 997.32 | 0.00 |
| Total USD | 4 997.32 | 0.00 |
| Total Treasury-Bills, Nullcoupon | 4 997.32 | 0.00 |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	ALTRIA GROUP INC 2.85000% 12-09.08.22	500 000.00 | 519 035.50 | 0.11 |
| USD	FANNIE MAE 2.12500% 16-24.04.26	1 300 000.00 | 1 413 066.46 | 0.29 |
| USD	HSBC HOLDINGS PLC 4.87500% 11-14.01.22	275 000.00 | 291 537.40 | 0.06 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.45000% 15-23.11.20	250 000.00 | 252 514.60 | 0.05 |
| USD	NATIONAL AUSTRALIA BANK LTD NEW YORK 2.87500% 18-12.04.23	250 000.00 | 260 846.47 | 0.05 |
| USD	NATIONAL AUSTRALIA BANK LTD-144A 3.50000% 17-10.01.27	500 000.00 | 548 270.00 | 0.11 |
| USD	NEW YORK LIFE GLOBAL FUNDING-REG-S 1.95000% 17-28.09.20	200 000.00 | 200 985.42 | 0.04 |
| USD	PROCTER & GAMBLE CO 2.30000% 12-06.02.22	650 000.00 | 675 459.98 | 0.14 |
| Total USD | 4 161 715.83 | 0.85 |
| Total Notes, fester Zins | 4 161 715.83 | 0.85 |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) |  |  |
| Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020 |  |  |

| 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 | GOLDMAN SACHS GROUP INC/THE 3.85000% 14-08.07.24 | 350 000.00 | 380 755.86 | 0.08 |
| USD | GUARDIAN LIFE GLOBAL FUNDING-REG-S 2.00000% 16-26.04.21 | 450 000.00 | 456 141.47 | 0.09 |
| Total USD |  |  | 836 897.33 | 0.17 |
| Total Medium-Term Notes, fester Zins |  | 836 897.33 | 0.17 |
| Medium-Term Notes, Nullcoupon |  |  |  |
| USD |  |  |  |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.00000% 00-01.05.30 | 500 000.00 | 432 743.78 | 0.09 |
| Total USD |  | 432 743.78 | 0.09 |
| Total Medium-Term Notes, Nullcoupon |  | 432 743.78 | 0.09 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 1.62500% 19-17.10.22 | 250 000.00 | 255 339.42 | 0.05 |
| Total USD |  | 255 339.42 | 0.05 |
| Total Anleihen, fester Zins |  | 255 339.42 | 0.05 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  | 5 691 693.68 | 1.16 |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Anrechte
| Italien |  |
| --- | --- |
| EUR | DAVIDE CAMPARI-MILANO SPA RIGHTS 21.06.20 | 6 932.00 | 0.00 | 0.00 |
| Total Italien |  | 0.00 | 0.00 |
| Total Anrechte |  | 0.00 | 0.00 |
| Namensaktien |  |  |  |
| Vereinigte Arabische Emirate |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 997.00 | 0.01 | 0.00 |
| Total Vereinigte Arabische Emirate |  | 0.01 | 0.00 |
| Total Namensaktien |  | 0.01 | 0.00 |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.95000% 18-11.01.25 | 350 000.00 | 375 715.86 | 0.08 |
| USD	SVENSKA HANDELSBANKEN AB 1.95000% 17-08.09.20 | 250 000.00 | 251 008.75 | 0.05 |
| USD	US BANK NA/CINCINNATI OH 2.65000% 19-23.05.22 | 400 000.00 | 415 582.36 | 0.08 |
| Total USD |  | 1 042 306.97 | 0.21 |
| Total Notes, fester Zins |  | 1 042 306.97 | 0.21 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	HSBC BANK CANADA-REG-S 3.30000% 18-28.11.21 | 600 000.00 | 622 291.26 | 0.13 |
| USD	HSBC BANK CANADA-REG-S 1.65000% 19-10.09.22 | 300 000.00 | 305 895.15 | 0.06 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.75000% 17-22.06.24 | 250 000.00 | 266 686.93 | 0.06 |
| Total USD |  | 1 194 873.34 | 0.25 |
| Total Anleihen, fester Zins |  | 1 194 873.34 | 0.25 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | 2 237 180.32 | 0.46 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
| Irland |  |
| --- | --- |
| USD | MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP | 53 799.38 | 6 736 220.62 | 1.37 |
| USD | UBS (IRL) ETF PLC-MSCI USA UCITS-ACC-A-USD-ETF | 2 231 803.00 | 36 896 167.20 | 7.53 |
| USD | UBS ETFS PLC - MSCI USA TRN INDEX SF (USD) A-ACC | 1 146 464.00 | 94 537 421.44 | 19.28 |
| Total Irland |  | 138 169 809.26 | 28.18 |
| Luxemburg |  |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 943.29 | 10 267 847.47 | 2.09 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP | 56 792.37 | 6 437 983.06 | 1.31 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP | 613 380.11 | 6 802 385.36 | 1.39 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC | 72 745.00 | 7 963 395.15 | 1.62 |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC | 38 766.00 | 12 093 441.36 | 2.47 |
| USD	UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC | 107 759.00 | 12 040 990.66 | 2.46 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 9 567.00 | 18 162 471.15 | 3.71 |
| USD | UBS (LUX) MONEY MARKET FUND - USD U-X-ACC | 1.00 | 11 197.66 | 0.00 |
| Total Luxemburg | 73 779 711.87 | 15.05 |
| Total Investment Fonds, open end | 211 949 521.13 | 43.23 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 211 949 521.13 | 43.23 |
| Total des Wertpapierbestandes | 456 273 667.95 | 93.06 |

| Derivative Instrumente |  |
| --- | --- |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |
| Finanzterminkontrakte auf Anleihen |
|  |  |  |  |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.20 | 437.00 | 47 796.44 | 0.01 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.20 | 422.00 | 135 171.66 | 0.03 |
| USD	US LONG BOND FUTURE 21.09.20 | 11.00 | 10 398.43 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.20 | 113.00 | 91 812.50 | 0.02 |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.20 | 159.00 | 79 500.00 | 0.01 |
| Total Finanzterminkontrakte auf Anleihen |  | 364 679.03 | 0.07 |
| Finanzterminkontrakte auf Indizes |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 19.06.20 | -1 420.00 | -11 147 026.20 | -2.27 |
| CHF	SWISS MARKET INDEX FUTURE 19.06.20 | -11.00 | -10 024.98 | 0.00 |
| GBP	FTSE 100 INDEX FUTURE 19.06.20 | -11.00 | -23 808.13 | 0.00 |
| SGD	MSCI SINGAPORE INDEX FUTURE 29.06.20 | 1.00 | -173.34 | 0.00 |
| USD	S&P500 EMINI FUTURE 19.06.20 | -602.00 | -11 353 189.00 | -2.32 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 19.06.20 | 1.00 | 6 935.00 | 0.00 |
| AUD	SPI 200 INDEX FUTURES 18.06.20 | -113.00 | -1 674 933.35 | -0.34 |
| JPY	TOPIX INDX FUTURE 11.06.20 | -7.00 | -72 040.19 | -0.02 |
| HKD	HANG SENG INDEX FUTURE 29.06.20 | 1.00 | -1 389.19 | 0.00 |
| CAD	S&P/TSX 60 INDEX FUTURE 18.06.20 | -118.00 | -1 678 989.53 | -0.34 |
| Total Finanzterminkontrakte auf Indizes |  | -25 954 638.91 | -5.29 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  | -25 589 959.88 | -5.22 |
| Total Derivative Instrumente |  | -25 589 959.88 | -5.22 |
| Devisenterminkontrakte |  |  |  |
| Devisenterminkontrakte (Kauf/Verkauf) |  |  |  |

| USD | 413 119.86 | CHF | 400 000.00 | 24.6.2020 | -3 526.55 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 6 246 367.65 | AUD | 9 850 000.00 | 24.6.2020 | -292 181.37 | -0.06 |
| HKD | 250 000.00 | USD | 32 236.24 | 24.6.2020 | 1.86 | 0.00 |
| JPY | 96 270 000.00 | USD | 895 349.98 | 24.6.2020 | -1 474.79 | 0.00 |
| USD | 73 617.62 | SGD | 105 000.00 | 24.6.2020 | -675.76 | 0.00 |
| USD | 9 005 386.05 | CAD | 12 735 000.00 | 24.6.2020 | -208 328.16 | -0.04 |
| GBP | 1 646 000.00 | USD | 2 034 520.19 | 24.6.2020 | 630.55 | 0.00 |
| USD | 6 485 301.57 | CHF | 6 272 000.00 | 24.6.2020 | -47 714.18 | -0.01 |
| USD | 26 021 372.00 | EUR | 23 920 000.00 | 24.6.2020 | -598 536.87 | -0.12 |
| USD | 170 727.01 | CAD | 240 000.00 | 24.6.2020 | -2 911.89 | 0.00 |
| AUD | 170 000.00 | USD | 110 899.67 | 24.6.2020 | 1 948.38 | 0.00 |
| CHF | 100 000.00 | USD | 102 818.99 | 24.6.2020 | 1 342.61 | 0.00 |
| JPY | 8 500 000.00 | USD | 79 744.52 | 24.6.2020 | -821.29 | 0.00 |
| USD | 694 736.36 | EUR | 635 000.00 | 24.6.2020 | -11 937.64 | 0.00 |
| USD | 298 890.58 | CAD | 415 000.00 | 24.6.2020 | -1 360.02 | 0.00 |
| USD | 724 986.11 | JPY | 77 500 000.00 | 24.6.2020 | 5 391.98 | 0.00 |
| USD | 1 021 647.33 | GBP | 810 000.00 | 24.6.2020 | 20 145.45 | 0.01 |
| USD | 51 965.76 | CHF | 50 000.00 | 24.6.2020 | -115.04 | 0.00 |
| USD | 261 688.35 | GBP | 210 000.00 | 24.6.2020 | 2 039.71 | 0.00 |
| EUR | 650 000.00 | USD | 709 070.05 | 24.6.2020 | 14 297.04 | 0.01 |
| USD | 51 322.58 | CHF | 50 000.00 | 24.6.2020 | -758.22 | 0.00 |
| USD | 325 468.89 | EUR | 300 000.00 | 24.6.2020 | -8 392.84 | 0.00 |
| USD | 256 677.34 | JPY | 27 500 000.00 | 24.6.2020 | 1 337.49 | 0.00 |
| USD | 256 808.46 | JPY | 27 500 000.00 | 22.7.2020 | 1 356.37 | 0.00 |
| USD | 6 103 673.80 | AUD | 9 400 000.00 | 22.7.2020 | -136 057.75 | -0.03 |
| USD | 2 105 979.78 | JPY | 226 130 000.00 | 22.7.2020 | 5 420.47 | 0.00 |
| USD | 3 280 369.82 | GBP | 2 656 000.00 | 22.7.2020 | -3 942.20 | 0.00 |
| USD | 74 133.17 | SGD | 105 000.00 | 22.7.2020 | -167.89 | 0.00 |
| USD | 9 604 130.50 | CAD | 13 454 000.00 | 22.7.2020 | -129 826.43 | -0.03 |
| HKD | 250 000.00 | USD | 32 227.55 | 22.7.2020 | -12.88 | 0.00 |
| USD | 8 115 674.91 | CHF | 7 873 000.00 | 22.7.2020 | -91 743.75 | -0.02 |
| USD | 34 608 997.29 | EUR | 31 942 000.00 | 22.7.2020 | -959 667.47 | -0.20 |
| EUR | 450 000.00 | USD | 488 566.35 | 22.7.2020 | 12 526.23 | 0.00 |
| EUR | 450 000.00 | USD | 488 265.30 | 24.6.2020 | 12 527.30 | 0.00 |
| CAD | 650 000.00 | USD | 462 811.33 | 24.6.2020 | 7 460.70 | 0.00 |
| AUD | 500 000.00 | USD | 324 040.50 | 24.6.2020 | 7 865.54 | 0.00 |
| CAD | 650 000.00 | USD | 462 852.19 | 22.7.2020 | 7 422.23 | 0.00 |
| AUD | 500 000.00 | USD | 324 054.00 | 22.7.2020 | 7 846.61 | 0.00 |
| JPY | 30 000 000.00 | USD | 280 524.06 | 22.7.2020 | -1 849.05 | 0.00 |
| JPY | 30 000 000.00 | USD | 280 374.36 | 24.6.2020 | -1 821.79 | 0.00 |
| SGD | 13 397 000.00 | USD | 9 391 978.58 | 23.6.2020 | 87 061.58 | 0.02 |
| EUR | 108 837 500.00 | USD | 117 631 025.81 | 23.6.2020 | 3 483 881.28 | 0.71 |
| GBP | 6 637 900.00 | USD | 8 041 363.15 | 23.6.2020 | 165 775.10 | 0.03 |
| CHF | 80 032 000.00 | USD | 82 372 957.07 | 23.6.2020 | 982 711.20 | 0.20 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Devisenterminkontrakte (Fortsetzung)
Devisenterminkontrakte (Kauf/Verkauf)
| USD | 1 244 214.45 | CHF | 1 207 000.00 | 23.6.2020 | -12 911.34 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 113 622.65 | GBP | 92 900.00 | 23.6.2020 | -1 239.45 | 0.00 |
| USD | 218 950.73 | CHF | 212 500.00 | 23.6.2020 | -2 374.23 | 0.00 |
| USD | 343 219.27 | EUR | 314 900.00 | 23.6.2020 | -7 203.00 | 0.00 |
| USD | 1 410 855.14 | CHF | 1 362 800.00 | 23.6.2020 | -8 540.91 | 0.00 |
| USD | 471 147.99 | EUR | 430 000.00 | 24.6.2020 | -7 387.16 | 0.00 |
| GBP | 250 000.00 | USD | 307 760.25 | 24.6.2020 | 1 345.27 | 0.00 |
| USD | 471 428.78 | EUR | 430 000.00 | 22.7.2020 | -7 393.02 | 0.00 |
| GBP | 250 000.00 | USD | 307 799.50 | 22.7.2020 | 1 341.31 | 0.00 |
| SGD | 348 600.00 | USD | 245 712.37 | 23.6.2020 | 939.37 | 0.00 |
| USD | 386 138.55 | EUR | 350 000.00 | 22.7.2020 | -3 600.12 | 0.00 |
| USD | 385 907.90 | EUR | 350 000.00 | 24.6.2020 | -3 597.46 | 0.00 |
| USD | 770 345.53 | JPY | 82 500 000.00 | 22.7.2020 | 3 989.26 | 0.00 |
| USD | 769 974.54 | JPY | 82 500 000.00 | 24.6.2020 | 3 954.98 | 0.00 |
| USD | 444 230.80 | EUR | 400 000.00 | 24.6.2020 | -918.18 | 0.00 |
| USD | 156 471.93 | AUD | 235 000.00 | 24.6.2020 | 476.09 | 0.00 |
| USD | 156 469.82 | AUD | 235 000.00 | 22.7.2020 | 476.53 | 0.00 |
| USD | 444 499.60 | EUR | 400 000.00 | 22.7.2020 | -916.03 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | 2 281 607.76 | 0.47 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 57 507 261.26 | 11.73 |
| Kontokorrentkredit und andere kurzfristige Verbindlichkeiten | -62 685.00 | -0.01 |
| Andere Aktiva und Passiva | -121 323.54 | -0.03 |
| Total des Nettovermögens | 490 288 568.55 | 100.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020