# UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
| Three-year comparison |  |
| --- | --- |
|  | ISIN | 30.9.2019 | 30.9.2018 | 30.9.2017 |
| Net assets in EUR |  | 328 913 271.81 | 398 734 669.63 | 444 836 493.62 |
| Class I-A2-acc | LU0423399384 |  |  |  |
| Shares outstanding |  | 15 048.7340 | 20 037.5960 | 91 402.1960 |
| Net asset value per share in EUR |  | 109.93 | 108.17 | 102.63 |
| Issue and redemption price per share in EUR 1 |  | 109.93 | 108.17 | 102.63 |
| Class (CAD hedged) I-X-dist | LU0423402782 |  |  |  |
| Shares outstanding |  | 200 843.8660 | 205 220.4740 | 205 220.4740 |
| Net asset value per share in CAD |  | 111.78 | 109.24 | 101.75 |
| Issue and redemption price per share in CAD 1 |  | 111.78 | 109.24 | 101.75 |
| Class (USD hedged) I-X-dist 2 | LU1611256956 |  |  |  |
| Shares outstanding |  | - | 62 694.0780 | 67 289.9520 |
| Net asset value per share in USD |  | - | 109.38 | 101.40 |
| Issue and redemption price per share in USD 1 |  | - | 109.38 | 101.40 |
| Class K-1-UKdist 3 | LU1240062015 |  |  |  |
| Shares outstanding |  | - | 3.7000 | 3.7000 |
| Net asset value per share in EUR |  | - | 3 087 817.39 | 2 989 526.26 |
| Issue and redemption price per share in EUR 1 |  | - | 3 087 817.39 | 2 989 526.26 |
| Class N-6%-mdist | LU1121266784 |  |  |  |
| Shares outstanding |  | 108 111.1550 | 115 825.9700 | 122 543.0430 |
| Net asset value per share in EUR |  | 80.24 | 85.34 | 87.50 |
| Issue and redemption price per share in EUR 1 |  | 80.24 | 85.34 | 87.50 |
| Class N-acc | LU0423397842 |  |  |  |
| Shares outstanding |  | 22 587.5120 | 27 633.3980 | 32 992.6260 |
| Net asset value per share in EUR |  | 139.06 | 139.37 | 134.68 |
| Issue and redemption price per share in EUR 1 |  | 139.06 | 139.37 | 134.68 |
| Class P-acc | LU0197216558 |  |  |  |
| Shares outstanding |  | 16 017 058.2640 | 19 142 095.5940 | 22 129 455.9080 |
| Net asset value per share in EUR |  | 14.48 | 14.45 | 13.90 |
| Issue and redemption price per share in EUR 1 |  | 14.48 | 14.45 | 13.90 |
| Class (CAD hedged) P-acc | LU0218832045 |  |  |  |
| Shares outstanding |  | 1 050 616.4490 | 1 455 789.5160 | 1 603 699.6000 |
| Net asset value per share in CAD |  | 14.09 | 13.78 | 13.01 |
| Issue and redemption price per share in CAD 1 |  | 14.09 | 13.78 | 13.01 |
| Class (GBP hedged) P-acc | LU0678606244 |  |  |  |
| Shares outstanding |  | 1 279 381.7290 | 1 438 550.7160 | 1 740 018.2000 |
| Net asset value per share in GBP |  | 15.34 | 15.12 | 14.41 |
| Issue and redemption price per share in GBP 1 |  | 15.34 | 15.12 | 14.41 |
| Class (SGD hedged) P-acc 4 | LU0287180474 |  |  |  |
| Shares outstanding |  | - | - | 799 570.3000 |
| Net asset value per share in SGD |  | - | - | 11.13 |
| Issue and redemption price per share in SGD 1 |  | - | - | 11.13 |
| Class Q-acc | LU0423398907 |  |  |  |
| Shares outstanding |  | 175 222.2070 | 183 136.0010 | 176 201.2100 |
| Net asset value per share in EUR |  | 163.03 | 160.99 | 153.29 |
| Issue and redemption price per share in EUR 1 |  | 163.03 | 160.99 | 153.29 |
| Class (CAD hedged) Q-acc | LU0423401628 |  |  |  |
| Shares outstanding |  | 33 560.7960 | 30 533.7580 | 34 751.8200 |
| Net asset value per share in CAD |  | 123.41 | 119.46 | 111.68 |
| Issue and redemption price per share in CAD 1 |  | 123.41 | 119.46 | 111.68 |
| Class (GBP hedged) Q-acc | LU1240794971 |  |  |  |
| Shares outstanding |  | 29 919.4080 | 32 762.5430 | 32 198.7330 |
| Net asset value per share in GBP |  | 120.86 | 117.94 | 111.26 |
| Issue and redemption price per share in GBP 1 |  | 120.86 | 117.94 | 111.26 |
| 1  See note 1 2  The share class (USD hedged) I-X-dist was in circulation until 13.2.2019 3  The share class K-1-UKdist was in circulation until 26.3.2019 4  The share class (SGD hedged) P-acc was in circulation until 15.3.2018 |  |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
| Performance |  |
| --- | --- |
|  | Currency | 2018/2019 | 2017/2018 | 2016/2017 |
| Class I-A2-acc | EUR | 1.6% | 5.4% | 9.8% |
| Class (CAD hedged) I-X-dist | CAD | 4.4% | 8.1% | - |
| Class (USD hedged) I-X-dist 1 | USD | - | 8.6% | - |
| Class K-1-UKdist 2 | EUR | - | 4.7% | 9.1% |
| Class N-6%-mdist | EUR | -0.2% | 3.5% | 7.8% |
| Class N-acc | EUR | -0.2% | 3.5% | 7.8% |
| Class P-acc | EUR | 0.2% | 4.0% | 8.3% |
| Class (CAD hedged) P-acc | CAD | 2.2% | 5.9% | 9.7% |
| Class (GBP hedged) P-acc | GBP | 1.5% | 4.9% | 9.2% |
| Class (SGD hedged) P-acc 3 | SGD | - | - | 9.8% |
| Class Q-acc | EUR | 1.3% | 5.0% | 9.4% |
| Class (CAD hedged) Q-acc | CAD | 3.3% | 7.0% | 10.9% |
| Class (GBP hedged) Q-acc | GBP | 2.5% | 6.0% | 10.4% |

1 
The share class (USD hedged) I-X-dist was in circulation until 13.2.2019. Due to this fact, there is no data for the calculation of the performance available.
2 
The share class K-1-UKdist was in circulation until 26.3.2019. Due to this fact, there is no data for the calculation of the performance available.
3 
The share class (SGD hedged) P-acc was in circulation until 15.3.2018. Due to this fact, there is no data for the calculation of the performance available.
Historical performance is no indicator of current or future performance.
The performance data does not take account of any commissions and costs charged when subscribing and redeeming shares. The performance data were not audited.
The subfund has no benchmark.
UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019

## Report of the Portfolio Manager
The  financial  year,  from  1  October  2018  to 30 September 2019, was characterized by slowing global economic growth across the major economies. The fourth quarter of 2018 saw a sell-off in risky asset classes amidst weaker economic fundamentals and lower infla- tion numbers. A move to more accommodative central bank policies led by the US Federal Reserve fuelled a rebound in asset prices in the first quarter. International trade tensions and the uncertainty regarding monetary policies were among the main reasons for higher volatil- ity and a lack of market trend.
The subfund posted a positive performance for almost all share classes, but N-6%-mdist and N-acc had a slightly negative performance in the financial year from 1 October 2018 to 30 September 2019.
UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
United States	43.82
| Luxembourg | 8.72 |
| --- | --- |
| United Kingdom | 6.45 |
| Canada | 5.61 |
| France | 5.21 |
| Germany | 4.98 |
| Australia | 4.23 |
| Japan | 2.96 |
| Switzerland | 2.61 |
| Italy | 2.55 |
| The Netherlands | 2.38 |
| Cayman Islands | 0.87 |
| Finland | 0.86 |
| Spain | 0.68 |
| Ireland | 0.60 |
| Mexico | 0.56 |
| Norway | 0.55 |
| Denmark | 0.52 |
| United Arab Emirates | 0.48 |
| Sweden | 0.46 |
| Hong Kong | 0.39 |
| Austria | 0.25 |
| Bermuda | 0.25 |
| Belgium | 0.23 |
| China | 0.11 |
| Total | 96.33 |

Economic Breakdown as a % of net assets	
| Countries & central governments | 26.14 |
| --- | --- |
| Investment funds | 8.68 |
| Internet, software & IT services | 8.68 |
| Banks & credit institutions | 6.89 |
| Pharmaceuticals, cosmetics & medical products | 6.00 |
| Finance & holding companies | 4.74 |
| Retail trade, department stores | 3.45 |
| Insurance | 3.16 |
| Food & soft drinks | 2.96 |
| Electronics & semiconductors | 2.81 |
| Telecommunications | 2.27 |
| Petroleum | 2.23 |
| Chemicals | 1.71 |
| Mechanical engineering & industrial equipment | 1.70 |
| Computer hardware & network equipment providers | 1.42 |
| Energy & water supply | 1.18 |
| Textiles, garments & leather goods | 1.09 |
| Miscellaneous consumer goods | 0.99 |
| Biotechnology | 0.92 |
| Building industry & materials | 0.89 |
| Traffic & transportation | 0.89 |
| Vehicles | 0.84 |
| Tobacco & alcohol | 0.82 |
| Graphic design, publishing & media | 0.74 |
| Public, non-profit institutions | 0.73 |
| Electrical devices & components | 0.62 |
| Real Estate | 0.61 |
| Healthcare & social services | 0.61 |
| Aerospace industry | 0.33 |
| Miscellaneous unclassified companies | 0.28 |
| Various capital goods | 0.27 |
| Miscellaneous services | 0.25 |
| Watches & jewellery | 0.25 |
| Rubber & tyres | 0.22 |
| Miscellaneous trading companies | 0.22 |
| Non-ferrous metals | 0.21 |
| Cantons, federal states | 0.19 |
| Environmental services & recycling | 0.18 |
| Agriculture & fishery | 0.16 |
| Total | 96.33 |


## Statement of Net Assets
Assets	30.9.2019
EUR
Investments in securities, cost	272 492 902.29
| Investments in securities, unrealized appreciation (depreciation) | 	44 338 442.12	 |
| --- | --- |
| Total investments in securities (Note 1) | 316 831 344.41 |
| Cash at banks, deposits on demand and deposit accounts | 17 691 020.53 |
| Other liquid assets (Margins) | 119 237.01 |
| Receivable on securities sales (Note 1) | 1 123 971.56 |
| Receivable on subscriptions | 101 602.31 |
| Interest receivable on securities | 818 087.41 |
| Receivable on dividends | 152 162.81 |
| Other receivables | 279 248.28 |
| Unrealized gain (loss) on financial futures (Note 1) | 14 883.13 |
| Unrealized gain (loss) on forward foreign exchange contracts (Note 1) | -7 537 245.50 |
| Unrealized gain (loss) on swaps (Note 1) | 1 082 372.21 |
| Total Assets | 330 676 684.16 |
|  |  |
| Liabilities |  |
| Bank overdraft | -220 143.09 |
| Payable on securities purchases (Note 1) | -1 083 135.57 |
| Payable on redemptions | -123 637.31 |
| Provisions for flat fee (Note 2) | -250 743.33 |
| Provisions for taxe d’abonnement (Note 3) | -35 972.37 |
| Provisions for other commissions and fees (Note 2) | 	-49 780.68	 |
| Total provisions | -336 496.38 |
| Total Liabilities | -1 763 412.35 |
|  |  |
| Net assets at the end of the financial year | 328 913 271.81 |
| Statement of Operations | EUR |
| Income | 1.10.2018-30.9.2019 |
| Interest on liquid assets | 110 714.45 |
| Interest on securities | 2 929 241.11 |
| Dividends (Note 1) | 3 764 023.34 |
| Interest received on swaps (Note 1) | 237 471.94 |
| Income on securities lending (Note 16) | 195 376.97 |
| Other income (Note 4) | 27 714.14 |
| Total income | 7 264 541.95 |
|  |  |
| Expenses |  |
| Interest paid on swaps (Note 1) | -67 283.01 |
| Flat fee (Note 2) | -6 508 656.66 |
| Taxe d’abonnement (Note 3) | -150 783.38 |
| Cost on securities lending (Note 16) | -78 150.79 |
| Other commissions and fees (Note 2) | -100 991.42 |
| Interest on cash and bank overdraft | -54 623.82 |
| Total expenses | -6 960 489.08 |
|  |  |
| Net income (loss) on investments | 304 052.87 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 22 588 026.66 |
| Realized gain (loss) on options | 264 470.58 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | -593.94 |
| Realized gain (loss) on financial futures | -3 479 109.27 |
| Realized gain (loss) on forward foreign exchange contracts | -6 961 253.04 |
| Realized gain (loss) on swaps | -1 178 712.46 |
| Realized gain (loss) on foreign exchange | -1 637 563.20 |
| Total realized gain (loss) | 9 595 265.33 |
|  |  |
| Net realized gain (loss) of the financial year | 9 899 318.20 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | -856 214.40 |
| Unrealized appreciation (depreciation) on options | 165 653.02 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | -1 470.94 |
| Unrealized appreciation (depreciation) on financial futures | -143 663.81 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -8 040 002.70 |
| Unrealized appreciation (depreciation) on swaps | 1 082 372.21 |
| Total changes in unrealized appreciation (depreciation) | -7 793 326.62 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 2 105 991.58 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | EUR |
|  | 1.10.2018-30.9.2019 |
| Net assets at the beginning of the financial year | 398 734 669.63 |
| Subscriptions | 13 706 909.22 |
| Redemptions | 	-84 651 795.18	 |
| Total net subscriptions (redemptions) | -70 944 885.96 |
| Dividend paid | -982 503.44 |
| Net income (loss) on investments | 304 052.87 |
| Total realized gain (loss) | 9 595 265.33 |
| Total changes in unrealized appreciation (depreciation) | 	-7 793 326.62	 |
| Net increase (decrease) in net assets as a result of operations | 2 105 991.58 |
| Net assets at the end of the financial year | 328 913 271.81 |
| Changes in the Number of Shares outstanding |  |
|  | 1.10.2018-30.9.2019 |
| Class | I-A2-acc |
| Number of shares outstanding at the beginning of the financial year | 20 037.5960 |
| Number of shares issued | 573.2300 |
| Number of shares redeemed | -5 562.0920 |
| Number of shares outstanding at the end of the financial year | 15 048.7340 |
| Class | (CAD hedged) I-X-dist |
| Number of shares outstanding at the beginning of the financial year | 205 220.4740 |
| Number of shares issued | 9 061.4700 |
| Number of shares redeemed | -13 438.0780 |
| Number of shares outstanding at the end of the financial year | 200 843.8660 |
| Class | (USD hedged) I-X-dist |
| Number of shares outstanding at the beginning of the financial year | 62 694.0780 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -62 694.0780 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | K-1-UKdist |
| Number of shares outstanding at the beginning of the financial year | 3.7000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -3.7000 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | N-6%-mdist |
| Number of shares outstanding at the beginning of the financial year | 115 825.9700 |
| Number of shares issued | 21 152.2250 |
| Number of shares redeemed | -28 867.0400 |
| Number of shares outstanding at the end of the financial year | 108 111.1550 |
| Class | N-acc |
| Number of shares outstanding at the beginning of the financial year | 27 633.3980 |
| Number of shares issued | 938.5840 |
| Number of shares redeemed | -5 984.4700 |
| Number of shares outstanding at the end of the financial year | 22 587.5120 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the financial year | 19 142 095.5940 |
| Number of shares issued | 255 518.2380 |
| Number of shares redeemed | -3 380 555.5680 |
| Number of shares outstanding at the end of the financial year | 16 017 058.2640 |
| Class | (CAD hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 1 455 789.5160 |
| Number of shares issued | 4 471.6160 |
| Number of shares redeemed | -409 644.6830 |
| Number of shares outstanding at the end of the financial year | 1 050 616.4490 |
| Class | (GBP hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 1 438 550.7160 |
| Number of shares issued | 36 155.1310 |
| Number of shares redeemed | -195 324.1180 |
| Number of shares outstanding at the end of the financial year | 1 279 381.7290 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the financial year | 183 136.0010 |
| Number of shares issued | 40 115.4710 |
| Number of shares redeemed | -48 029.2650 |
| Number of shares outstanding at the end of the financial year | 175 222.2070 |
| Class | (CAD hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 30 533.7580 |
| Number of shares issued | 4 658.2180 |
| Number of shares redeemed | -1 631.1800 |
| Number of shares outstanding at the end of the financial year | 33 560.7960 |
| Class | (GBP hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 32 762.5430 |
| Number of shares issued | 2 085.1080 |
| Number of shares redeemed | -4 928.2430 |
| Number of shares outstanding at the end of the financial year | 29 919.4080 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
| Annual Distribution 1 |  |
| --- | --- |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Currency | Amount per share |
| (CAD hedged) I-X-dist | 3.12.2018 | 6.12.2018 | CAD | 2.10 |
| (USD hedged) I-X-dist | 3.12.2018 | 6.12.2018 | USD | 2.09 |
| K-1-UKdist | 15.10.2018 | 18.10.2018 | EUR | 12 504.81 |
| Monthly Distribution 1 |  |  |  |  |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Currency | Amount per share |
| N-6%-mdist | 10.10.2018 | 15.10.2018 | EUR | 0.42 |
| N-6%-mdist | 12.11.2018 | 15.11.2018 | EUR | 0.40 |
| N-6%-mdist | 10.12.2018 | 13.12.2018 | EUR | 0.39 |
| N-6%-mdist | 10.1.2019 | 15.1.2019 | EUR | 0.38 |
| N-6%-mdist | 11.2.2019 | 14.2.2019 | EUR | 0.39 |
| N-6%-mdist | 11.3.2019 | 14.3.2019 | EUR | 0.40 |
| N-6%-mdist | 10.4.2019 | 15.4.2019 | EUR | 0.40 |
| N-6%-mdist | 10.5.2019 | 15.5.2019 | EUR | 0.41 |
| N-6%-mdist | 11.6.2019 | 14.6.2019 | EUR | 0.39 |
| N-6%-mdist | 10.7.2019 | 15.7.2019 | EUR | 0.40 |
| N-6%-mdist | 12.8.2019 | 16.8.2019 | EUR | 0.40 |
| N-6%-mdist | 10.9.2019 | 13.9.2019 | EUR | 0.40 |
| 1  See note 6 |  |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019

## Statement of Investments in Securities and other Net Assets as of 30 September 2019
| Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Bearer shares |  |  |  |
| Austria |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 27 477.00 | 833 652.18 | 0.25 |
| Total Austria |  | 833 652.18 | 0.25 |
| Bermuda |  |  |  |
| USD	MARVELL TECH GROUP COM USD0.002 | 35 953.00 | 823 469.46 | 0.25 |
| Total Bermuda |  | 823 469.46 | 0.25 |
| Canada |  |  |  |
| GBP	ENTERTAINMENT ONE ORD NPV | 126 155.00 | 807 107.10 | 0.25 |
| Total Canada |  | 807 107.10 | 0.25 |
| Denmark |  |  |  |
| DKK	GENMAB AS DKK1 (BEARER) | 3 563.00 | 663 562.76 | 0.20 |
| Total Denmark |  | 663 562.76 | 0.20 |
| France |  |  |  |
| EUR	AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 8 172.00 | 1 067 263.20 | 0.32 |
| EUR	AXA EUR2.29 | 46 040.00 | 1 078 717.20 | 0.33 |
| EUR	BNP PARIBAS EUR2 | 18 972.00 | 847 479.24 | 0.26 |
| EUR	CREDIT AGRICOLE SA EUR3 | 83 554.00 | 930 791.56 | 0.28 |
| EUR	DANONE EUR0.25 | 17 343.00 | 1 401 661.26 | 0.43 |
| EUR	EIFFAGE EUR4 | 9 272.00 | 881 952.64 | 0.27 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 3 810.00 | 1 389 316.50 | 0.42 |
| EUR	PERNOD RICARD EUR1.55 | 7 845.00 | 1 281 873.00 | 0.39 |
| EUR	PUBLICIS GROUPE SA EUR0.40 | 11 494.00 | 518 609.28 | 0.16 |
| EUR	SAFRAN EUR0.20 | 9 195.00 | 1 328 217.75 | 0.40 |
| EUR	SCHNEIDER ELECTRIC EUR8 | 14 510.00 | 1 168 055.00 | 0.35 |
| EUR	UBISOFT ENTERTAIN EUR0.31 | 7 755.00 | 514 466.70 | 0.16 |
| Total France |  | 12 408 403.33 | 3.77 |
| Germany |  |  |  |
| EUR	COMMERZBANK AG NPV | 68 419.00 | 364 125.92 | 0.11 |
| EUR	CONTINENTAL AG ORD NPV | 6 186.00 | 728 092.20 | 0.22 |
| EUR	HEIDELBERGCEMENT NPV | 7 001.00 | 464 306.32 | 0.14 |
| EUR	LANXESS AG NPV | 14 025.00 | 785 400.00 | 0.24 |
| EUR	RWE AG (NEU) NPV | 26 790.00 | 768 605.10 | 0.23 |
| EUR	SAP AG ORD NPV | 15 750.00 | 1 699 110.00 | 0.52 |
| Total Germany |  | 4 809 639.54 | 1.46 |
| Hong Kong |  |  |  |
| HKD	AIA GROUP LTD NPV | 149 000.00 | 1 290 988.37 | 0.39 |
| Total Hong Kong |  | 1 290 988.37 | 0.39 |
| Italy |  |  |  |
| EUR	BANCA MEDIOLANUM NPV | 136 787.00 | 942 462.43 | 0.29 |
| Total Italy |  | 942 462.43 | 0.29 |
| Japan |  |  |  |
| JPY	MINEBEA MITSUMI INC | 43 700.00 | 634 599.93 | 0.19 |
| JPY	NABTESCO CORP NPV | 25 700.00 | 729 621.83 | 0.22 |
| JPY	TECHNOPRO HLDGS IN NPV | 6 400.00 | 347 639.03 | 0.11 |
| Total Japan |  | 1 711 860.79 | 0.52 |
| Luxembourg |  |  |  |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 288.00 | 122 803.20 | 0.04 |
| Total Luxembourg |  | 122 803.20 | 0.04 |
| The Netherlands |  |  |  |
| EUR	ASR NEDERLAND N.V. EUR0.16 | 26 434.00 | 895 319.58 | 0.27 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 25 850.00 | 1 098 625.00 | 0.33 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 6 506.00 | 651 196.77 | 0.20 |
| Total The Netherlands |  | 2 645 141.35 | 0.80 |
| Norway |  |  |  |
| NOK	YARA INTERNATIONAL NOK1.7 | 12 904.00 | 510 401.88 | 0.16 |
| Total Norway |  | 510 401.88 | 0.16 |
| Spain |  |  |  |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 113 314.00 | 1 080 562.30 | 0.33 |
| Total Spain |  | 1 080 562.30 | 0.33 |
| Sweden |  |  |  |
| SEK	ASSA ABLOY SER’B’NPV (POST SPLIT) | 43 238.00 | 883 798.58 | 0.27 |
| Total Sweden |  | 883 798.58 | 0.27 |
| United Kingdom |  |  |  |
| GBP	ASTRAZENECA ORD USD0.25 | 28 329.00 | 2 325 080.28 | 0.71 |
| GBP	BABCOCK INTL GROUP ORD GBP0.60 | 129 648.00 | 817 730.68 | 0.25 |
| GBP	BEAZLEY PLC (UK) ORD GBP0.05 | 102 839.00 | 723 033.63 | 0.22 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 23 217.00 | 789 263.49 | 0.24 |
| USD	LIVANOVA PLC ORD GBP1.00 (DI) | 12 300.00 | 832 523.39 | 0.25 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 21 807.00 | 1 563 757.37 | 0.47 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| GBP | SAGE GROUP GBP0.01051948 | 124 822.00 | 975 507.88 | 0.30 |
| GBP | SPECTRIS ORD GBP0.05 | 17 239.00 | 476 237.45 | 0.14 |
| EUR | UNILEVER EUR0.16 | 30 902.00 | 1 704 245.30 | 0.52 |
| Total United Kingdom |  | 10 207 379.47 | 3.10 |
| United States |  |  |  |
| USD	ALIGN TECHNOLOGY INC COM | 4 645.00 | 770 843.33 | 0.24 |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 6 146.00 | 1 346 910.95 | 0.41 |
| USD	BIO RAD LABS INC CL A | 2 380.00 | 726 399.93 | 0.22 |
| USD	BLUEBIRD BIO INC COM USD0.01 | 3 281.00 | 276 335.92 | 0.08 |
| USD	CARVANA CO COM USD0.001 CL A | 6 110.00 | 369 895.43 | 0.11 |
| USD	COHERUS BIOSCIENCE COM USD0.0001 | 13 444.00 | 249 839.88 | 0.08 |
| USD	F M C CORP COM NEW | 9 395.00 | 755 598.61 | 0.23 |
| USD	GARDNER DENVER HLD COM USD0.01 | 24 906.00 | 646 294.94 | 0.20 |
| USD	IAC INTERACTIVECOR COM USD0.001 | 3 655.00 | 730 765.32 | 0.22 |
| USD	INCYTE CORPORATION COM USD0.001 | 11 642.00 | 792 685.43 | 0.24 |
| USD	IRONWOOD PHARMACEU COM CL A USD0.001 | 42 553.00 | 335 092.19 | 0.10 |
| USD	JOHNSON & JOHNSON COM USD1 | 14 220.00 | 1 687 565.22 | 0.51 |
| USD	JP MORGAN CHASE & COM USD1 | 12 718.00 | 1 372 942.05 | 0.42 |
| USD	MARSH & MCLENNAN COM USD1 | 8 374.00 | 768 500.00 | 0.23 |
| USD	MSA SAFETY INC COM NPV | 6 107.00 | 611 204.15 | 0.19 |
| USD	PEPSICO INC CAP USD0.016666 | 14 117.00 | 1 775 307.93 | 0.54 |
| USD	TAKE TWO INTERACTI COM USD0.01 | 6 867.00 | 789 497.14 | 0.24 |
| USD	TRANSUNION COM USD0.01 | 6 981.00 | 519 380.76 | 0.16 |
| USD	UNIVERSAL DISPLAY COM USD0.01 | 3 215.00 | 495 137.13 | 0.15 |
| Total United States |  | 15 020 196.31 | 4.57 |
| Total Bearer shares |  | 54 761 429.05 | 16.65 |
| Preference shares |  |  |  |
| Germany |  |  |  |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV	3 829.00 | 597 553.74 | 0.18 |
| Total Germany | 597 553.74 | 0.18 |
| Total Preference shares | 597 553.74 | 0.18 |

Registered shares
| Belgium |  |
| --- | --- |
| EUR | KBC GROUP NV NPV | 12 871.00 | 767 369.02 | 0.23 |
| Total Belgium	767 369.02	0.23 |
| Canada |  |  |  |  |
| CAD | CANADIAN NAT RES LTD COM | 37 604.00 | 918 330.49 | 0.28 |
| Total Canada | 918 330.49 | 0.28 |
| Denmark |  |  |  |  |
| DKK | NOVO-NORDISK AS DKK0.2 SER’B’ | 21 772.00 | 1 026 883.58 | 0.31 |
| Total Denmark	1 026 883.58	0.31 |
| Finland |  |  |  |  |
| EUR | NESTE OIL OYJ NPV | 21 530.00 | 653 866.10 | 0.20 |
| EUR | SAMPO OYJ SER’A’NPV | 59 821.00 | 2 182 270.08 | 0.66 |
| Total Finland	2 836 136.18	0.86 |
| Germany |  |  |  |  |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 7 128.00 | 1 524 322.80 | 0.46 |
| EUR | BAYER AG NPV (REGD) | 7 372.00 | 476 894.68 | 0.15 |
| EUR | DAIMLER AG ORD NPV(REGD) | 11 257.00 | 513 544.34 | 0.16 |
| Total Germany	2 514 761.82	0.77 |
| Ireland |  |  |  |  |
| USD | ALLEGION PLC CIM USD0.01 | 9 500.00 | 903 205.83 | 0.28 |
| EUR | CRH ORD EUR0.32 | 33 404.00 | 1 055 232.36 | 0.32 |
| Total Ireland |  | 1 958 438.19 | 0.60 |
| Italy |  |  |  |
| EUR	ENEL EUR1 | 103 565.00 | 709 523.82 | 0.22 |
| EUR	MONCLER SPA NPV | 22 894.00 | 748 633.80 | 0.23 |
| Total Italy |  | 1 458 157.62 | 0.45 |
| Japan |  |  |  |
| JPY	ITOCHU CORP NPV | 37 900.00 | 717 641.19 | 0.22 |
| JPY	NINTENDO CO LTD NPV | 2 700.00 | 917 084.65 | 0.28 |
| JPY	NIPPON TEL&TEL CP NPV | 18 100.00 | 792 063.61 | 0.24 |
| JPY	ORIX CORP NPV | 64 400.00 | 880 541.81 | 0.27 |
| JPY	OTSUKA HLDGS CO NPV | 12 100.00 | 414 892.24 | 0.12 |
| JPY	SOFTBANK GROUP CO NPV | 20 700.00 | 744 911.67 | 0.23 |
| JPY	SONY CORP NPV | 31 400.00 | 1 691 479.44 | 0.51 |
| JPY	TAKEDA PHARMACEUTI NPV | 33 900.00 | 1 061 682.46 | 0.32 |
| JPY	WEST JAPAN RAILWAY NPV | 10 500.00 | 813 722.30 | 0.25 |
| Total Japan |  | 8 034 019.37 | 2.44 |
| The Netherlands |  |  |  |
| EUR	ASML HOLDING NV EUR0.09 | 6 341.00 | 1 440 992.25 | 0.44 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 8 326.00 | 919 190.40 | 0.28 |
| EUR	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 57 813.00 | 1 555 169.70 | 0.47 |
| Total The Netherlands |  | 3 915 352.35 | 1.19 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Norway |  |  |  |  |
| NOK | DNB ASA NOK10 | 39 154.00 | 633 428.58 | 0.19 |
| NOK | EQUINOR ASA NOK2.50 | 37 782.00 | 660 054.85 | 0.20 |
| Total Norway | 1 293 483.43 | 0.39 |
| Spain |  |  |  |  |
| EUR | BBVA(BILB-VIZ-ARG) EUR0.49 | 138 746.00 | 663 275.25 | 0.20 |
| Total Spain	663 275.25 | 0.20 |
| Sweden |  |  |  |  |
| SEK | TELE2 AB SHS | 46 428.00 | 634 545.73 | 0.19 |
| Total Sweden |  | 634 545.73 | 0.19 |
| Switzerland |  |  |  |
| CHF	ALCON AG CHF0.04 | 7 770.00 | 415 984.68 | 0.13 |
| CHF	LONZA GROUP AG CHF1(REGD) | 3 881.00 | 1 204 542.28 | 0.37 |
| CHF	NESTLE SA CHF0.10(REGD) | 24 642.00 | 2 454 468.87 | 0.75 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 27 938.00 | 2 224 055.05 | 0.67 |
| CHF	RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 12 094.00 | 814 578.64 | 0.25 |
| CHF	SIKA AG CHF0.01 (REG) | 3 187.00 | 428 024.12 | 0.13 |
| CHF	ZURICH INSURANCE GRP CHF0.10 | 2 931.00 | 1 029 941.39 | 0.31 |
| Total Switzerland |  | 8 571 595.03 | 2.61 |
| United Arab Emirates |  |  |  |
| GBP	NETWORK INTL HLDGS ORD GBP0.1 (WI) | 103 506.00 | 625 935.49 | 0.19 |
| Total United Arab Emirates |  | 625 935.49 | 0.19 |
| United Kingdom |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 11 461.00 | 274 383.97 | 0.08 |
| GBP	ANGLO AMERICAN USD0.54945 | 31 896.00 | 674 631.63 | 0.21 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 31 658.00 | 810 158.83 | 0.25 |
| GBP	BP ORD USD0.25 | 324 058.00 | 1 889 358.43 | 0.57 |
| GBP	CENTRICA ORD GBP0.061728395 | 466 074.00 | 388 479.66 | 0.12 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 16 442.00 | 619 441.40 | 0.19 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 50 765.00 | 1 001 084.02 | 0.30 |
| GBP	PRUDENTIAL ORD GBP0.05 | 36 391.00 | 606 731.13 | 0.18 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 22 397.00 | 495 946.19 | 0.15 |
| GBP	TESCO ORD GBP0.05 | 467 287.00 | 1 272 949.02 | 0.39 |
| Total United Kingdom |  | 8 033 164.28 | 2.44 |
| United States |  |  |  |
| USD	ABBOTT LABS COM | 10 417.00 | 799 477.52 | 0.24 |
| USD	ADOBE INC COM USD0.0001 | 2 705.00 | 685 430.43 | 0.21 |
| USD	AGCO CORP COM USD0.01 | 13 859.00 | 962 324.62 | 0.29 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 9 079.00 | 815 627.65 | 0.25 |
| USD	ALLERGAN PLC COM USD0.0001 | 1 826.00 | 281 872.63 | 0.09 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 2 872.00 | 3 216 945.59 | 0.98 |
| USD	AMAZON COM INC COM USD0.01 | 3 123.00 | 4 972 708.61 | 1.51 |
| USD	AMER EXPRESS CO COM USD0.20 | 8 389.00 | 910 154.94 | 0.28 |
| USD	AMERIPRISE FINL INC COM | 5 295.00 | 714 451.02 | 0.22 |
| USD	APPLE INC COM NPV | 12 466.00 | 2 561 007.17 | 0.78 |
| USD	AUTODESK INC COM USD0.01 | 8 107.00 | 1 098 334.16 | 0.33 |
| USD	BK OF AMERICA CORP COM USD0.01 | 47 161.00 | 1 261 866.05 | 0.38 |
| USD	BURLINGTON STORES COM USD0.0001 | 4 049.00 | 742 130.97 | 0.23 |
| USD	CATERPILLAR INC DEL COM | 6 444.00 | 746 598.46 | 0.23 |
| USD	COMCAST CORP COM CLS’A’ USD0.01 | 46 615.00 | 1 927 540.08 | 0.59 |
| USD	COOPER COS INC COM USD0.10 | 1 895.00 | 516 249.31 | 0.16 |
| USD	CROWN CASTLE INTL COM USD0.01 | 4 800.00 | 612 041.83 | 0.19 |
| USD	CYCLERION THERAPEU COM NPV | 4 719.00 | 52 462.19 | 0.02 |
| USD	DELTA AIRLINES INC COM USD0.0001 | 19 579.00 | 1 034 443.59 | 0.31 |
| USD	DOLLAR GENERAL CP COM USD0.875 | 8 252.00 | 1 203 057.13 | 0.37 |
| USD	DOMINOS PIZZA INC COM USD0.01 | 4 579.00 | 1 027 313.90 | 0.31 |
| USD	ELANCO ANIMAL HEAL COM NPV | 49 087.00 | 1 197 232.92 | 0.36 |
| USD	EXPEDIA GROUP INC COM USD0.001 | 6 498.00 | 801 133.90 | 0.24 |
| USD	FACEBOOK INC COM USD0.000006 CL ‘A’ | 11 540.00 | 1 885 014.86 | 0.57 |
| USD	FIDELITY NATL INF COM STK USD0.01 | 19 586.00 | 2 385 101.23 | 0.72 |
| USD	GODADDY INC COM CL A USD0.001 | 23 969.00 | 1 450 627.98 | 0.44 |
| USD	HESS CORPORATION COM USD1 | 13 553.00 | 751 867.04 | 0.23 |
| USD	LAB CORP AMER HLDG COM USD0.1 | 8 390.00 | 1 292 900.39 | 0.39 |
| USD	LAM RESEARCH CORP COM USD0.001 | 4 626.00 | 980 659.38 | 0.30 |
| USD	LIVERAMP HOLDINGS COM USD0.10 | 8 776.00 | 345 823.67 | 0.10 |
| USD	LKQ CORP COM | 44 526.00 | 1 284 482.39 | 0.39 |
| USD	LOWE’S COS INC COM USD0.50 | 9 223.00 | 930 252.32 | 0.28 |
| USD	MASCO CORP COM | 14 063.00 | 537 649.83 | 0.16 |
| USD	MASTERCARD INC COM USD0.0001 CLASS ‘A’ | 7 488.00 | 1 865 268.90 | 0.57 |
| USD	MICRON TECHNOLOGY COM USD0.10 | 17 044.00 | 669 909.56 | 0.20 |
| USD	MICROSOFT CORP COM USD0.0000125 | 52 781.00 | 6 731 005.71 | 2.05 |
| USD	MOHAWK INDS COM USD0.01 | 7 697.00 | 875 955.60 | 0.27 |
| USD	MONDELEZ INTL INC COM USD0.01 | 42 210.00 | 2 141 861.31 | 0.65 |
| USD	NETFLIX INC COM USD0.001 | 3 767.00 | 924 715.23 | 0.28 |
| USD	NIKE INC CLASS’B’COM NPV | 16 913.00 | 1 457 043.62 | 0.44 |
| USD	PALO ALTO NETWORKS COM USD0.0001 | 3 274.00 | 612 125.68 | 0.19 |
| USD	PLAINS GP HLDGS LP LTD PARTNER INT CL A NEW IN | 42 638.00 | 830 310.71 | 0.25 |
| USD	ROCKWELL AUTOMATIO COM USD1 | 5 742.00 | 867 988.99 | 0.26 |
| USD	SALESFORCE.COM INC COM USD0.001 | 11 077.00 | 1 508 227.74 | 0.46 |
| USD	SERVICENOW INC COM USD0.001 | 3 567.00 | 830 565.91 | 0.25 |
| USD	SIMON PROP GROUP COM USD0.0001 | 9 807.00 | 1 400 164.69 | 0.43 |
| USD	SPIRIT AEROSYSTEMS COM STK USD0.01 CLASS ‘A’ | 14 201.00 | 1 071 262.37 | 0.33 |
| USD	STERICYCLE INC COM | 12 852.00 | 600 396.59 | 0.18 |
| USD	SYNCHRONY FINANCIA COM USD0.001 | 31 104.00 | 972 606.27 | 0.30 |
| USD	TJX COS INC COM USD1 | 30 032.00 | 1 535 483.10 | 0.47 |
| USD	ULTA BEAUTY INC COM STK USD0.01 | 3 362.00 | 772 963.95 | 0.23 |
| USD	UNION PACIFIC CORP COM USD2.50 | 7 304.00 | 1 085 215.48 | 0.33 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | UNITEDHEALTH GRP COM USD0.01 | 3 302.00 | 658 219.26 | 0.20 |
| USD | VISA INC COM STK USD0.0001 | 14 357.00 | 2 265 224.33 | 0.69 |
| USD | WALT DISNEY CO. DISNEY COM USD0.01 | 17 047.00 | 2 037 759.16 | 0.62 |
| USD | WELLS FARGO & CO COM USD1 2/3 | 41 915.00 | 1 939 270.41 | 0.59 |
| USD | WESTERN DIGITAL CORP COM | 12 634.00 | 691 150.03 | 0.21 |
| USD | ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 4 629.00 | 582 849.78 | 0.18 |
| Total United States | 74 912 328.14 | 22.78 |
| Total Registered shares | 118 163 775.97 | 35.93 |
| Depository receipts |  |  |
| China |  |  |
| USD	ALIBABA GROUP HLDG SPON ADS EACH REP ONE ORD-ADR	2 359.00 | 361 856.15 | 0.11 |
| Total China | 361 856.15 | 0.11 |
| Spain |  |  |  |  |
| USD | GRIFOLS SA SPON ADR EA REPR 1 ORD | 27 100.00 | 498 150.80 | 0.15 |
| Total Spain |  | 498 150.80 | 0.15 |
| United Kingdom |  |  |  |
| USD	GLAXOSMITHKLINE PLC SPONSORED ADR | 15 500.00 | 606 806.09 | 0.19 |
| Total United Kingdom |  | 606 806.09 | 0.19 |
| Total Depository receipts |  | 1 466 813.04 | 0.45 |
| Notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 5.50000% 11-21.04.23 | 1 600 000.00 | 1 155 109.77 | 0.35 |
| AUD	NEW SOUTH WALES TREASURY CORP 4.00000% 13-20.04.23 | 1 700 000.00 | 1 162 340.52 | 0.35 |
| Total AUD |  | 2 317 450.29 | 0.70 |
| GBP |  |  |  |
| GBP	BRITISH TELECOMMUNICATIONS PLC 5.75000% 99-07.12.28 | 500 000.00 | 732 928.00 | 0.22 |
| Total GBP |  | 732 928.00 | 0.22 |
| USD |  |  |  |
| USD	APPLE INC 2.40000% 13-03.05.23 | 1 000 000.00 | 932 369.38 | 0.28 |
| USD	E.ON INTERNATIONAL FINANCE BV-REG-S 6.65000% 08-30.04.38 | 1 000 000.00 | 1 265 870.67 | 0.38 |
| USD	GOLDMAN SACHS GROUP INC 3.62500% 13-22.01.23 | 1 000 000.00 | 953 931.57 | 0.29 |
| USD	HSBC HOLDINGS PLC 4.00000% 12-30.03.22 | 1 000 000.00 | 957 227.85 | 0.29 |
| USD	INTERNATIONAL BUSINESS MACHINES CORP 3.37500% 13-01.08.23 | 500 000.00 | 479 756.79 | 0.15 |
| USD	PETROLEOS MEXICANOS 3.50000% 13-30.01.23 | 1 000 000.00 | 914 052.46 | 0.28 |
| USD	TAQA ABU DHABI NATIONAL ENERGY CO-REG-S 3.62500% 12-12.01.23 | 1 000 000.00 | 942 946.25 | 0.29 |
| USD	TOTAL CAPITAL CANADA LTD 2.75000% 13-15.07.23 | 1 000 000.00 | 942 623.37 | 0.29 |
| USD	VALE OVERSEAS LTD 4.37500% 12-11.01.22 | 1 000 000.00 | 949 080.45 | 0.29 |
| USD	WALMART INC 6.50000% 07-15.08.37 | 500 000.00 | 696 024.08 | 0.21 |
| Total USD |  | 9 033 882.87 | 2.75 |
| Total Notes, fixed rate |  | 12 084 261.16 | 3.67 |
| Medium term notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	WELLS FARGO & CO-REG-S 2.62500% 12-16.08.22 | 1 000 000.00 | 1 075 010.00 | 0.33 |
| Total EUR |  | 1 075 010.00 | 0.33 |
| GBP |  |  |  |
| GBP	BANK OF AMERICA CORP-REG-S 2.30000% 16-25.07.25 | 1 000 000.00 | 1 183 557.35 | 0.36 |
| Total GBP |  | 1 183 557.35 | 0.36 |
| USD |  |  |  |
| USD	SUN HUNG KAI PROPERTIES LTD-REG-S 4.50000% 12-14.02.22 | 1 000 000.00 | 956 870.30 | 0.29 |
| USD	TORONTO-DOMINION BANK 2.50000% 15-14.12.20 | 1 170 000.00 | 1 079 874.58 | 0.33 |
| Total USD |  | 2 036 744.88 | 0.62 |
| Total Medium term notes, fixed rate |  | 4 295 312.23 | 1.31 |
| Medium term notes, floating rate |  |  |  |
| GBP |  |  |  |
| GBP	IMPERIAL BRANDS FIN-REG-S 9.000%/RATING LINKED 09-17.02.22 | 500 000.00 | 665 698.59 | 0.20 |
| Total GBP |  | 665 698.59 | 0.20 |
| Total Medium term notes, floating rate |  | 665 698.59 | 0.20 |
| Bonds, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 2.75000% 12-21.04.24 | 4 875 000.00 | 3 285 259.59 | 1.00 |
| AUD	AUSTRALIA-REG-S 2.25000% 16-21.05.28 | 1 350 000.00 | 922 124.78 | 0.28 |
| AUD	AUSTRALIA-REG-S 2.75000% 14-21.06.35 | 1 720 000.00 | 1 291 924.76 | 0.39 |
| AUD	AUSTRALIA-REG-S 2.75000% 16-21.11.27 | 2 350 000.00 | 1 656 383.81 | 0.51 |
| AUD	AUSTRALIA-REG-S 3.00000% 16-21.03.47 | 1 150 000.00 | 927 354.52 | 0.28 |
| AUD	AUSTRALIA-REG-S 3.25000% 13-21.04.25 | 2 350 000.00 | 1 646 192.51 | 0.50 |
| AUD	QUEENSLAND TREASURY CORP 6.00000% 11-21.07.22 | 50 000.00 | 35 222.42 | 0.01 |
| AUD	QUEENSLAND TREASURY CORP-REG-S 4.25000% 12-21.07.23 | 850 000.00 | 588 753.03 | 0.18 |
| AUD	TREASURY CORP OF VICTORIA 6.00000% 03-17.10.22 | 1 750 000.00 | 1 246 490.56 | 0.38 |
| Total AUD |  | 11 599 705.98 | 3.53 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
|  | Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| CAD |  |  |  |  |
| CAD | CANADA, GOVERNMENT 0.75000% 16-01.09.21 | 3 200 000.00 | 2 182 609.03 | 0.67 |
| CAD | CANADA, GOVERNMENT 2.75000% 14-01.12.64 | 1 200 000.00 | 1 161 728.69 | 0.35 |
| CAD | CANADA, GOVERNMENT 2.25000% 14-01.06.25 | 2 730 000.00 | 1 979 187.63 | 0.60 |
| CAD | CANADA, GOVERNMENT 3.25000% 10-01.06.21 | 4 800 000.00 | 3 414 545.74 | 1.04 |
| CAD | CANADA, GOVERNMENT 3.50000% 11-01.12.45 | 1 150 000.00 | 1 129 074.40 | 0.34 |
| CAD | CANADA, GOVERNMENT 5.75000% 01-01.06.33 | 1 050 000.00 | 1 112 570.60 | 0.34 |
| Total CAD |  |  | 10 979 716.09 | 3.34 |
| EUR |  |  |  |  |
| EUR | FRANCE, REPUBLIC OF-OAT 2.75000% 12-25.10.27 | 1 450 000.00 | 1 830 163.90 | 0.56 |
| EUR | FRANCE, REPUBLIC OF-OAT-144A-REG-S 1.25000% 15-25.05.36 | 700 000.00 | 831 215.00 | 0.25 |
| EUR | GERMANY, REPUBLIC OF 1.50000% 14-15.05.24 | 2 000 000.00 | 2 216 800.00 | 0.67 |
| EUR | GERMANY, REPUBLIC OF 4.75000% 98-04.07.28 | 900 000.00 | 1 338 449.40 | 0.41 |
| EUR | GERMANY, REPUBLIC OF 4.00000% 05-04.01.37 | 1 500 000.00 | 2 670 750.00 | 0.81 |
| EUR | GERMANY, REPUBLIC OF 2.25000% 11-04.09.21 | 2 100 000.00 | 2 223 467.40 | 0.68 |
| EUR | ITALY, REPUBLIC OF BTP 3.75000% 10-01.03.21 | 2 900 000.00 | 3 066 663.00 | 0.93 |
| EUR | ITALY, REPUBLIC OF-BTP 4.00000% 05-01.02.37 | 660 000.00 | 911 277.84 | 0.28 |
| EUR | ITALY, REPUBLIC OF-BTP 2.20000% 17-01.06.27 | 1 800 000.00 | 2 017 627.20 | 0.61 |
| Total EUR |  |  | 17 106 413.74 | 5.20 |
| USD |  |  |  |  |
| USD | CHINA OVERSEAS FINANCE CAYMAN II-REG-S 5.50000% 10-10.11.20 | 1 000 000.00 | 945 067.41 | 0.29 |
| USD | PFIZER INC 7.20000% 09-15.03.39 | 1 000 000.00 | 1 438 342.96 | 0.43 |
| Total USD |  |  | 2 383 410.37 | 0.72 |
| Total Bonds, fixed rate |  | 42 069 246.18 | 12.79 |
| Bonds, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.21 | 2 050 000.00 | 2 073 632.40 | 0.63 |
| Total EUR |  | 2 073 632.40 | 0.63 |
| Total Bonds, zero coupon |  | 2 073 632.40 | 0.63 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.00000% 07-15.05.37 | 650 000.00 | 879 309.29 | 0.27 |
| USD	AMERICA, UNITED STATES OF 3.50000% 09-15.02.39 | 1 000 000.00 | 1 149 015.05 | 0.35 |
| USD	AMERICA, UNITED STATES OF 3.00000% 15-15.05.45 | 1 500 000.00 | 1 619 954.32 | 0.49 |
| USD	AMERICA, UNITED STATES OF 2.25000% 16-15.08.46 | 625 000.00 | 587 890.24 | 0.18 |
| USD	AMERICA, UNITED STATES OF 2.37500% 14-15.08.24 | 3 550 000.00 | 3 377 630.60 | 1.03 |
| USD	AMERICA, UNITED STATES OF 2.00000% 15-15.02.25 | 2 580 000.00 | 2 416 364.76 | 0.73 |
| USD	AMERICA, UNITED STATES OF 3.37500% 09-15.11.19 | 4 500 000.00 | 4 134 222.48 | 1.26 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 3 500 000.00 | 3 342 598.88 | 1.01 |
| Total USD |  | 17 506 985.62 | 5.32 |
| Total Treasury notes, fixed rate |  | 17 506 985.62 | 5.32 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 1 650 000.00 | 3 163 543.39 | 0.96 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 685 000.00 | 951 307.75 | 0.29 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 890 000.00 | 960 192.52 | 0.29 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 1 125 000.00 | 1 158 096.36 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 1 160 000.00 | 1 141 829.05 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 1 155 000.00 | 1 136 103.32 | 0.35 |
| Total USD |  | 8 511 072.39 | 2.59 |
| Total Treasury notes, floating rate |  | 8 511 072.39 | 2.59 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 262 195 780.37 | 79.72 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	ABBVIE INC 2.90000% 13-06.11.22 | 1 000 000.00 | 934 847.55 | 0.28 |
| USD	KRAFT HEINZ FOODS CO 3.50000% 12-06.06.22 | 1 000 000.00 | 942 763.89 | 0.29 |
| USD	MORGAN STANLEY 3.75000% 13-25.02.23 | 1 000 000.00 | 959 036.14 | 0.29 |
| USD	TIME WARNER CABLE LLC 4.00000% 11-01.09.21 | 500 000.00 | 469 234.00 | 0.14 |
| USD	VERIZON COMMUNICATIONS INC 4.01600% 19-03.12.29 | 1 019 000.00 | 1 038 752.45 | 0.32 |
| USD	WALT DISNEY CO-REG-S 3.00000% 19-15.09.22 | 1 000 000.00 | 945 861.58 | 0.29 |
| Total USD |  | 5 290 495.61 | 1.61 |
| Total Notes, fixed rate |  | 5 290 495.61 | 1.61 |
| Medium term notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	BANK OF AMERICA CORP 3.30000% 13-11.01.23 | 1 000 000.00 | 947 686.58 | 0.29 |
| Total USD |  | 947 686.58 | 0.29 |
| Total Medium term notes, fixed rate |  | 947 686.58 | 0.29 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
| Description | Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bonds, fixed rate |  |  |  |
| CAD |  |  |  |
| CAD	CANADA, GOVERNMENT 0.50000% 16-01.03.22 | 3 800 000.00 | 2 567 338.45 | 0.78 |
| CAD	CANADA, GOVERNMENT 2.75000% 14-01.12.48 | 1 300 000.00 | 1 155 515.69 | 0.35 |
| Total CAD |  | 3 722 854.14 | 1.13 |
| USD |  |  |  |
| USD	AMERICA MOVIL SAB DE CV 3.12500% 12-16.07.22 | 1 000 000.00 | 938 043.48 | 0.29 |
| Total USD |  | 938 043.48 | 0.29 |
| Total Bonds, fixed rate |  | 4 660 897.62 | 1.42 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.62500% 14-15.02.44 | 3 470 000.00 | 4 114 646.87 | 1.25 |
| USD	AMERICA, UNITED STATES OF 1.87500% 17-30.09.22 | 2 200 000.00 | 2 035 871.97 | 0.62 |
| Total USD |  | 6 150 518.84 | 1.87 |
| Total Treasury notes, fixed rate |  | 6 150 518.84 | 1.87 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 610 000.00 | 624 543.84 | 0.19 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 1 500 000.00 | 1 493 429.29 | 0.45 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 1 125 000.00 | 1 141 384.65 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.04.21 | 1 180 000.00 | 1 158 757.86 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 1 133 500.00 | 1 154 594.89 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 1 145 000.00 | 1 157 244.80 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 1 130 000.00 | 1 149 177.69 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 1 140 000.00 | 1 145 533.09 | 0.35 |
| Total USD |  | 9 024 666.11 | 2.74 |
| Total Treasury notes, floating rate | 9 024 666.11 | 2.74 |
| Total Transferable securities and money market instruments traded on another regulated market | 26 074 264.76 | 7.93 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Luxembourg |  |  |
| CNY	UBS (LUX) BOND SICAV - CHINA FIXED INCOME (RMB) U-X-ACC	442.00 | 6 301 938.84 | 1.91 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND-GLOBAL BONDS (USD)-U-X ACC	1 231.00 | 15 356 041.86 | 4.67 |
| USD	UBS (LUX) INST FUND - EMERGING MARKETS EQUITY FA	272.00 | 6 903 318.58 | 2.10 |
| Total Luxembourg | 28 561 299.28 | 8.68 |
| Total Investment funds, open end | 28 561 299.28 | 8.68 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 28 561 299.28 | 8.68 |
| Total investments in securities | 316 831 344.41 | 96.33 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange |
| Financial Futures on bonds |
|  |  |  |  |
| EUR	EURO-BOBL FUTURE 06.12.19 | -147.00 | 167 580.00 | 0.05 |
| USD	US 10YR TREASURY NOTE FUTURE 19.12.19 | -202.00 | 254 769.77 | 0.08 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 19.12.19 | 24.00 | -89 089.16 | -0.03 |
| USD	US 5YR TREASURY NOTE FUTURE 31.12.19 | -33.00 | 23 884.65 | 0.01 |
| CAD	CANADA 10YR BOND FUTURE 18.12.19 | 171.00 | -273 661.64 | -0.09 |
| Total Financial Futures on bonds |  | 83 483.62 | 0.02 |
| Financial Futures on Indices |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 20.12.19 | 103.00 | 58 710.00 | 0.02 |
| CHF	SWISS MARKET INDEX FUTURE 20.12.19 | -54.00 | -40 235.75 | -0.01 |
| EUR	CAC 40 INDEX FUTURE 18.10.19 | -200.00 | -160 000.00 | -0.05 |
| GBP	FTSE 100 INDEX FUTURE 20.12.19 | -212.00 | -204 286.90 | -0.06 |
| SEK	OMX 30 INDEX FUTURE 18.10.19 | -692.00 | 7 424.19 | 0.00 |
| USD	FTSE XINHUA CHINA A 50 INDEX FUTURE 30.10.19 | 581.00 | -74 610.16 | -0.02 |
| USD	S&P500 EMINI FUTURE 20.12.19 | -156.00 | 165 064.94 | 0.05 |
| JPY	TOPIX INDX FUTURE 12.12.19 | 105.00 | 561 213.51 | 0.17 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 20.12.19 | 271.00 | -226 392.63 | -0.07 |
| AUD	SPI 200 INDEX FUTURE 19.12.19 | 33.00 | 23 477.69 | 0.01 |
| USD	E-MINI RUSSELL 1000 VALUE INDEX FUTURE 20.12.19 | 309.00 | -178 998.63 | -0.06 |
| CAD	S&P/TSX 60 INDEX FUTURE 19.12.19 | 6.00 | 33.25 | 0.00 |
| Total Financial Futures on Indices |  | -68 600.49 | -0.02 |
| Total Derivative instruments listed on an official stock exchange |  | 14 883.13 | 0.00 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019
| Description	Quantity/ | Valuation in EUR | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Derivative instruments not listed on an official stock exchange and not traded on another regulated market
Credit default swaps*
| USD | ICE/CDX.NA.HY.33-V1 CDI REC 5.00000% 19-20.12.24 | 17 200 000.00 | 1 082 372.21 | 0.33 |
| --- | --- | --- | --- | --- |
| Total Credit default swaps | 1 082 372.21 | 0.33 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | 1 082 372.21 | 0.33 |
| Total Derivative instruments | 1 097 255.34 | 0.33 |
| Forward Foreign Exchange contracts |  |  |
| Forward Foreign Exchange contracts (Purchase/Sale) |  |  |

| EUR | 23 670 752.12 | GBP | 21 804 999.77 | 10.10.2019 | -969 318.78 | -0.30 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 29 040 292.91 | CAD | 43 083 406.09 | 10.10.2019 | -793 344.16 | -0.24 |
| EUR | 27 235 296.03 | AUD | 45 051 727.92 | 10.10.2019 | -627 024.44 | -0.19 |
| EUR | 2 184 436.68 | DKK | 16 300 000.00 | 10.10.2019 | 1 219.86 | 0.00 |
| EUR | 19 734 727.03 | CHF | 21 517 917.49 | 10.10.2019 | -60 621.42 | -0.02 |
| EUR | 6 949 248.07 | NZD | 11 935 000.00 | 10.10.2019 | 87 659.24 | 0.03 |
| MXN | 264 780 000.00 | EUR | 11 908 013.36 | 10.10.2019 | 368 832.59 | 0.11 |
| JPY | 1 472 915 005.00 | EUR | 12 357 221.02 | 10.10.2019 | 142 635.83 | 0.04 |
| SEK | 48 255 903.20 | EUR | 4 487 720.19 | 10.10.2019 | 13 788.25 | 0.00 |
| EUR | 186 064 666.54 | USD | 209 360 000.00 | 10.10.2019 | -5 855 237.93 | -1.78 |
| EUR | 1 435 270.39 | HKD | 12 649 999.57 | 10.10.2019 | -44 161.42 | -0.01 |
| EUR | 1 395 352.86 | NOK | 13 952 081.58 | 10.10.2019 | -12 519.56 | 0.00 |
| EUR | 942 372.16 | USD | 1 060 000.00 | 10.10.2019 | -29 327.78 | -0.01 |
| GBP | 700 000.00 | EUR | 758 389.96 | 10.10.2019 | 32 623.56 | 0.01 |
| EUR | 632 596.43 | JPY | 75 000 000.00 | 10.10.2019 | -3 889.22 | 0.00 |
| USD | 750 000.00 | EUR | 666 536.26 | 10.10.2019 | 20 987.28 | 0.01 |
| USD | 830 000.00 | EUR | 741 733.76 | 10.10.2019 | 19 125.62 | 0.01 |
| USD | 1 000 000.00 | EUR | 899 221.71 | 10.10.2019 | 17 476.34 | 0.01 |
| GBP | 800 000.00 | EUR | 872 939.51 | 10.10.2019 | 31 075.94 | 0.01 |
| EUR | 634 296.14 | JPY | 75 000 000.00 | 10.10.2019 | -2 189.51 | 0.00 |
| EUR | 220 248.48 | NOK | 2 200 000.00 | 10.10.2019 | -1 748.45 | 0.00 |
| USD | 140 000.00 | EUR | 125 530.91 | 10.10.2019 | 2 806.82 | 0.00 |
| USD | 6 843 813.50 | CNH | 49 120 000.00 | 10.10.2019 | -30 159.76 | -0.01 |
| CAD | 800 000.00 | EUR | 542 106.17 | 10.10.2019 | 11 863.72 | 0.00 |
| JPY | 65 000 000.00 | EUR | 552 389.94 | 10.10.2019 | -769.04 | 0.00 |
| SEK | 4 500 000.00 | EUR | 417 026.39 | 10.10.2019 | 2 752.05 | 0.00 |
| CHF | 250 000.00 | EUR | 229 938.76 | 10.10.2019 | 48.05 | 0.00 |
| GBP | 250 000.00 | EUR | 275 223.10 | 10.10.2019 | 7 281.73 | 0.00 |
| USD | 900 000.00 | EUR | 812 983.97 | 10.10.2019 | 12 044.28 | 0.00 |
| USD | 430 000.00 | EUR | 391 077.82 | 10.10.2019 | 3 102.34 | 0.00 |
| EUR | 279 632.03 | NOK | 2 800 000.00 | 10.10.2019 | -2 909.52 | 0.00 |
| USD | 202 329.17 | CHF | 200 000.00 | 10.10.2019 | 1 485.24 | 0.00 |
| USD | 620 000.00 | EUR | 563 903.76 | 10.10.2019 | 4 449.03 | 0.00 |
| USD | 2 000 000.00 | EUR | 1 810 600.50 | 10.10.2019 | 22 795.61 | 0.01 |
| EUR | 233 227.70 | CAD | 340 000.00 | 10.10.2019 | -2 209.50 | 0.00 |
| EUR | 292 872.11 | CHF | 320 000.00 | 10.10.2019 | -1 511.00 | 0.00 |
| EUR | 655 284.25 | SEK | 7 000 000.00 | 10.10.2019 | 2 295.56 | 0.00 |
| EUR | 224 823.08 | CAD | 330 000.00 | 10.10.2019 | -3 689.50 | 0.00 |
| USD | 1 230 000.00 | EUR | 1 109 332.97 | 10.10.2019 | 18 205.64 | 0.01 |
| EUR | 191 012.37 | GBP | 170 000.00 | 10.10.2019 | -1 090.91 | 0.00 |
| USD | 470 000.00 | EUR | 423 762.82 | 10.10.2019 | 7 085.27 | 0.00 |
| EUR | 178 460.17 | SEK | 1 900 000.00 | 10.10.2019 | 1 220.38 | 0.00 |
| COP | 25 100 000 000.00 | USD | 7 450 834.88 | 21.11.2019 | -230 737.46 | -0.07 |
| CAD | 41 647 200.00 | EUR | 28 505 662.16 | 25.10.2019 | 304 080.87 | 0.09 |
| GBP | 23 072 100.00 | EUR | 26 058 574.16 | 25.10.2019 | -1 727.24 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -7 537 245.50 | -2.29 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 17 810 257.54 | 5.41 |
| Bank overdraft and other short-term liabilities | -220 143.09 | -0.07 |
| Other assets and liabilities | 931 803.11 | 0.29 |
| Total net assets | 328 913 271.81 | 100.00 |
| * Positive nominal: the subfund is “Receiver of protection”, negative nominal: the subfund is “Seller of protection”. |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Annual Report as of 30 September 2019

Translation (ENDE, 2019-09-30):
# UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
| Dreijahresvergleich |  |
| --- | --- |
|  | ISIN | 30.9.2019 | 30.9.2018 | 30.9.2017 |
| Nettovermögen in EUR |  | 328 913 271.81 | 398 734 669.63 | 444 836 493.62 |
| Klasse I-A2-acc | LU0423399384 |  |  |  |
| Aktien im Umlauf |  | 15 048.7340 | 20 037.5960 | 91 402.1960 |
| Nettoinventarwert pro Aktie in EUR |  | 109.93 | 108.17 | 102.63 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 109.93 | 108.17 | 102.63 |
| Klasse (CAD hedged) I-X-dist | LU0423402782 |  |  |  |
| Aktien im Umlauf |  | 200 843.8660 | 205 220.4740 | 205 220.4740 |
| Nettoinventarwert pro Aktie in CAD |  | 111.78 | 109.24 | 101.75 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 1 |  | 111.78 | 109.24 | 101.75 |
| Klasse (USD hedged) I-X-dist 2 | LU1611256956 |  |  |  |
| Aktien im Umlauf |  | - | 62 694.0780 | 67 289.9520 |
| Nettoinventarwert pro Aktie in USD |  | - | 109.38 | 101.40 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | - | 109.38 | 101.40 |
| Klasse K-1-UKdist 3 | LU1240062015 |  |  |  |
| Aktien im Umlauf |  | - | 3.7000 | 3.7000 |
| Nettoinventarwert pro Aktie in EUR |  | - | 3 087 817.39 | 2 989 526.26 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | - | 3 087 817.39 | 2 989 526.26 |
| Klasse N-6%-mdist | LU1121266784 |  |  |  |
| Aktien im Umlauf |  | 108 111.1550 | 115 825.9700 | 122 543.0430 |
| Nettoinventarwert pro Aktie in EUR |  | 80.24 | 85.34 | 87.50 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 80.24 | 85.34 | 87.50 |
| Klasse N-acc | LU0423397842 |  |  |  |
| Aktien im Umlauf |  | 22 587.5120 | 27 633.3980 | 32 992.6260 |
| Nettoinventarwert pro Aktie in EUR |  | 139.06 | 139.37 | 134.68 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 139.06 | 139.37 | 134.68 |
| Klasse P-acc | LU0197216558 |  |  |  |
| Aktien im Umlauf |  | 16 017 058.2640 | 19 142 095.5940 | 22 129 455.9080 |
| Nettoinventarwert pro Aktie in EUR |  | 14.48 | 14.45 | 13.90 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 14.48 | 14.45 | 13.90 |
| Klasse (CAD hedged) P-acc | LU0218832045 |  |  |  |
| Aktien im Umlauf |  | 1 050 616.4490 | 1 455 789.5160 | 1 603 699.6000 |
| Nettoinventarwert pro Aktie in CAD |  | 14.09 | 13.78 | 13.01 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 1 |  | 14.09 | 13.78 | 13.01 |
| Klasse (GBP hedged) P-acc | LU0678606244 |  |  |  |
| Aktien im Umlauf |  | 1 279 381.7290 | 1 438 550.7160 | 1 740 018.2000 |
| Nettoinventarwert pro Aktie in GBP |  | 15.34 | 15.12 | 14.41 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | 15.34 | 15.12 | 14.41 |
| Klasse (SGD hedged) P-acc 4 | LU0287180474 |  |  |  |
| Aktien im Umlauf |  | - | - | 799 570.3000 |
| Nettoinventarwert pro Aktie in SGD |  | - | - | 11.13 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 |  | - | - | 11.13 |
| Klasse Q-acc | LU0423398907 |  |  |  |
| Aktien im Umlauf |  | 175 222.2070 | 183 136.0010 | 176 201.2100 |
| Nettoinventarwert pro Aktie in EUR |  | 163.03 | 160.99 | 153.29 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 163.03 | 160.99 | 153.29 |
| Klasse (CAD hedged) Q-acc | LU0423401628 |  |  |  |
| Aktien im Umlauf |  | 33 560.7960 | 30 533.7580 | 34 751.8200 |
| Nettoinventarwert pro Aktie in CAD |  | 123.41 | 119.46 | 111.68 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 1 |  | 123.41 | 119.46 | 111.68 |
| Klasse (GBP hedged) Q-acc | LU1240794971 |  |  |  |
| Aktien im Umlauf | 29 919.4080 | 32 762.5430 | 32 198.7330 |
| Nettoinventarwert pro Aktie in GBP | 120.86 | 117.94 | 111.26 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 | 120.86 | 117.94 | 111.26 |
| 1  Siehe Erläuterung 1 2  Die Aktienklasse (USD hedged) I-X-dist war bis zum 13.2.2019 im Umlauf 3  Die Aktienklasse K-1-UKdist war bis zum 26.3.2019 im Umlauf 4  Die Aktienklasse (SGD hedged) P-acc war bis zum 15.3.2018 im Umlauf |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Jahresbericht per 30. September 2019
| Performance |  |
| --- | --- |
|  | Währung | 2018/2019 | 2017/2018 | 2016/2017 |
| Klasse I-A2-acc | EUR | 1.6% | 5.4% | 9.8% |
| Klasse (CAD hedged) I-X-dist | CAD | 4.4% | 8.1% | - |
| Klasse (USD hedged) I-X-dist 1 | USD | - | 8.6% | - |
| Klasse K-1-UKdist 2 | EUR | - | 4.7% | 9.1% |
| Klasse N-6%-mdist | EUR | -0.2% | 3.5% | 7.8% |
| Klasse N-acc | EUR | -0.2% | 3.5% | 7.8% |
| Klasse P-acc | EUR | 0.2% | 4.0% | 8.3% |
| Klasse (CAD hedged) P-acc | CAD | 2.2% | 5.9% | 9.7% |
| Klasse (GBP hedged) P-acc | GBP | 1.5% | 4.9% | 9.2% |
| Klasse (SGD hedged) P-acc 3 | SGD | - | - | 9.8% |
| Klasse Q-acc | EUR | 1.3% | 5.0% | 9.4% |
| Klasse (CAD hedged) Q-acc | CAD | 3.3% | 7.0% | 10.9% |
| Klasse (GBP hedged) Q-acc | GBP | 2.5% | 6.0% | 10.4% |

1 
Die Aktienklasse (USD hedged) I-X-dist war bis zum 13.2.2019 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance vor.
2 
Die Aktienklasse K-1-UKdist war bis zum 26.3.2019 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance vor.
3 
Die Aktienklasse (SGD hedged) P-acc war bis zum 15.3.2018 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance 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) Key Selection SICAV – Global Allocation (EUR)
Jahresbericht per 30. September 2019

## Bericht des Portfolio Managers
Das Berichtsjahr vom 1. Oktober 2018 bis zum
30. September 2019 war durch eine Verlangsamung des weltweiten Wirtschaftswachstums der führenden Volks- wirtschaften gekennzeichnet. Aufgrund von schwäche- ren wirtschaftlichen Fundamentaldaten und niedrigeren Inflationszahlen kam es im 4. Quartal 2018 zu einer Verkaufswelle bei den riskanterer Anlageklassen. Als die US-Notenbank Fed zu einer akkommodierenderen Zen- tralbankpolitik überging, löste dies im 1. Quartal eine Erholung der Vermögenswertpreise aus. Die internatio- nalen Handelsspannungen und die Unsicherheit über die Geldpolitik waren die Hauptgründe für eine höhere Vola- tilität und einen fehlenden Markttrend.
Der Subfonds erlebte im Berichtsjahr vom 1. Oktober 2018 bis zum 30. September 2019 eine positive Wertent- wicklung fast aller Anteilsklassen, wobei die Anteilsklas- sen N-6%-mdist und N-acc aber eine leicht negative Performance verzeichneten.
UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Jahresbericht per 30. September 2019

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Vereinigte Staaten | 43.82 |
| --- | --- |
| Luxemburg | 8.72 |
| Grossbritannien | 6.45 |
| Kanada | 5.61 |
| Frankreich | 5.21 |
| Deutschland | 4.98 |
| Australien | 4.23 |
| Japan | 2.96 |
| Schweiz | 2.61 |
| Italien | 2.55 |
| Niederlande | 2.38 |
| Cayman-Inseln | 0.87 |
| Finnland | 0.86 |
| Spanien | 0.68 |
| Irland | 0.60 |
| Mexiko | 0.56 |
| Norwegen | 0.55 |
| Dänemark | 0.52 |
| Vereinigte Arabische Emirate | 0.48 |
| Schweden | 0.46 |
| Hongkong | 0.39 |
| Österreich | 0.25 |
| Bermuda | 0.25 |
| Belgien | 0.23 |
| China | 0.11 |
| Total | 96.33 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Länder- & Zentralregierungen | 26.14 |
| --- | --- |
| Anlagefonds | 8.68 |
| Internet, Software & IT-Dienste | 8.68 |
| Banken & Kreditinstitute | 6.89 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 6.00 |
| Finanz- & Beteiligungsgesellschaften | 4.74 |
| Detailhandel, Warenhäuser | 3.45 |
| Versicherungen | 3.16 |
| Nahrungsmittel & Softdrinks | 2.96 |
| Elektronik & Halbleiter | 2.81 |
| Telekommunikation | 2.27 |
| Erdöl | 2.23 |
| Chemie | 1.71 |
| Maschinen & Apparate | 1.70 |
| Computer & Netzwerkausrüster | 1.42 |
| Energie- & Wasserversorgung | 1.18 |
| Textilien, Kleidung & Lederwaren | 1.09 |
| Diverse Konsumgüter | 0.99 |
| Biotechnologie | 0.92 |
| Baugewerbe & Baumaterial | 0.89 |
| Verkehr & Transport | 0.89 |
| Fahrzeuge | 0.84 |
| Tabak & alkoholische Getränke | 0.82 |
| Grafisches Gewerbe, Verlage & Medien | 0.74 |
| Öffentlich-rechtliche Körperschaften | 0.73 |
| Elektrische Geräte & Komponenten | 0.62 |
| Immobilien | 0.61 |
| Gesundheits- & Sozialwesen | 0.61 |
| Flugzeug- & Raumfahrtindustrie | 0.33 |
| Diverse nicht klassierte Gesellschaften | 0.28 |
| Diverse Investitionsgüter | 0.27 |
| Diverse Dienstleistungen | 0.25 |
| Uhren & Schmuck | 0.25 |
| Gummi & Reifen | 0.22 |
| Diverse Handelsfirmen | 0.22 |
| Nichteisenmetalle | 0.21 |
| Kantone, Bundesstaaten | 0.19 |
| Umwelt & Recycling | 0.18 |
| Landwirtschaft & Fischerei | 0.16 |
| Total | 96.33 |


## Nettovermögensaufstellung
Aktiva	30.9.2019
EUR
Wertpapierbestand, Einstandswert	272 492 902.29
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	44 338 442.12	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 316 831 344.41 |
| Bankguthaben, Sicht- und Fristgelder | 17 691 020.53 |
| Andere liquide Mittel (Margins) | 119 237.01 |
| Forderungen aus Wertpapierverkäufen (Erläuterung 1) | 1 123 971.56 |
| Forderungen aus Zeichnungen | 101 602.31 |
| Zinsforderungen aus Wertpapieren | 818 087.41 |
| Forderungen aus Dividenden | 152 162.81 |
| Sonstige Forderungen | 279 248.28 |
| Nicht realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten (Erläuterung 1) | 14 883.13 |
| Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1) | -7 537 245.50 |
| Nicht realisierter Kursgewinn (-verlust) aus Swaps (Erläuterung 1) | 1 082 372.21 |
| Total Aktiva | 330 676 684.16 |
|  |  |
| Passiva |  |
| Kontokorrentkredit | -220 143.09 |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -1 083 135.57 |
| Verbindlichkeiten aus Rücknahmen | -123 637.31 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -250 743.33 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -35 972.37 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-49 780.68	 |
| Total Rückstellungen für Aufwendungen | -336 496.38 |
| Total Passiva | -1 763 412.35 |
|  |  |
| Nettovermögen am Ende des Geschäftsjahres | 328 913 271.81 |
| Ertrags- und Aufwandsrechnung | EUR |
| Erträge | 1.10.2018-30.9.2019 |
| Zinsertrag auf liquide Mittel | 110 714.45 |
| Zinsen auf Wertpapiere | 2 929 241.11 |
| Dividenden (Erläuterung 1) | 3 764 023.34 |
| Zinsertrag auf Swaps (Erläuterung 1) | 237 471.94 |
| Erträge aus Securities Lending (Erläuterung 16) | 195 376.97 |
| Sonstige Erträge (Erläuterung 4) | 27 714.14 |
| Total Erträge | 7 264 541.95 |
|  |  |
| Aufwendungen |  |
| Zinsaufwand auf Swaps (Erläuterung 1) | -67 283.01 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -6 508 656.66 |
| Abonnementsabgabe (Erläuterung 3) | -150 783.38 |
| Kosten aus Securities Lending (Erläuterung 16) | -78 150.79 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -100 991.42 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -54 623.82 |
| Total Aufwendungen | -6 960 489.08 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | 304 052.87 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | 22 588 026.66 |
| Realisierter Kursgewinn (-verlust) aus Optionen | 264 470.58 |
| Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten | -593.94 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | -3 479 109.27 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | -6 961 253.04 |
| Realisierter Kursgewinn (-verlust) aus Swaps | -1 178 712.46 |
| Realisierter Währungsgewinn (-verlust) | -1 637 563.20 |
| Total der realisierten Gewinne (Verluste) | 9 595 265.33 |
|  |  |
| Realisierter Nettogewinn (-verlust) des Geschäftsjahres | 9 899 318.20 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | -856 214.40 |
| Nicht realisierte Werterhöhung (-minderung) von Optionen | 165 653.02 |
| Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente | -1 470.94 |
| Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten | -143 663.81 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -8 040 002.70 |
| Nicht realisierte Werterhöhung (-minderung) von Swaps | 1 082 372.21 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | -7 793 326.62 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 2 105 991.58 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Jahresbericht per 30. September 2019
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | EUR |
|  | 1.10.2018-30.9.2019 |
| Nettovermögen zu Beginn des Geschäftsjahres | 398 734 669.63 |
| Zeichnungen | 13 706 909.22 |
| Rücknahmen | 	-84 651 795.18	 |
| Total Mittelzufluss (-abfluss) | -70 944 885.96 |
| Ausbezahlte Dividende | -982 503.44 |
| Nettoerträge (-verluste) aus Anlagen | 304 052.87 |
| Total der realisierten Gewinne (Verluste) | 9 595 265.33 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	-7 793 326.62	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 2 105 991.58 |
| Nettovermögen am Ende des Geschäftsjahres | 328 913 271.81 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.10.2018-30.9.2019 |
| Klasse | I-A2-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 20 037.5960 |
| Anzahl der ausgegebenen Aktien | 573.2300 |
| Anzahl der zurückgegebenen Aktien | -5 562.0920 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 15 048.7340 |
| Klasse | (CAD hedged) I-X-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 205 220.4740 |
| Anzahl der ausgegebenen Aktien | 9 061.4700 |
| Anzahl der zurückgegebenen Aktien | -13 438.0780 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 200 843.8660 |
| Klasse | (USD hedged) I-X-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 62 694.0780 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -62 694.0780 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | K-1-UKdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 3.7000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -3.7000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | N-6%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 115 825.9700 |
| Anzahl der ausgegebenen Aktien | 21 152.2250 |
| Anzahl der zurückgegebenen Aktien | -28 867.0400 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 108 111.1550 |
| Klasse | N-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 27 633.3980 |
| Anzahl der ausgegebenen Aktien | 938.5840 |
| Anzahl der zurückgegebenen Aktien | -5 984.4700 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 22 587.5120 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 19 142 095.5940 |
| Anzahl der ausgegebenen Aktien | 255 518.2380 |
| Anzahl der zurückgegebenen Aktien | -3 380 555.5680 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 16 017 058.2640 |
| Klasse | (CAD hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 455 789.5160 |
| Anzahl der ausgegebenen Aktien | 4 471.6160 |
| Anzahl der zurückgegebenen Aktien | -409 644.6830 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 050 616.4490 |
| Klasse | (GBP hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 438 550.7160 |
| Anzahl der ausgegebenen Aktien | 36 155.1310 |
| Anzahl der zurückgegebenen Aktien | -195 324.1180 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 279 381.7290 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 183 136.0010 |
| Anzahl der ausgegebenen Aktien | 40 115.4710 |
| Anzahl der zurückgegebenen Aktien | -48 029.2650 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 175 222.2070 |
| Klasse | (CAD hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 30 533.7580 |
| Anzahl der ausgegebenen Aktien | 4 658.2180 |
| Anzahl der zurückgegebenen Aktien | -1 631.1800 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 33 560.7960 |
| Klasse | (GBP hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 32 762.5430 |
| Anzahl der ausgegebenen Aktien | 2 085.1080 |
| Anzahl der zurückgegebenen Aktien | -4 928.2430 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 29 919.4080 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Jahresbericht per 30. September 2019
| Jährliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| (CAD hedged) I-X-dist | 3.12.2018 | 6.12.2018 | CAD | 2.10 |
| (USD hedged) I-X-dist | 3.12.2018 | 6.12.2018 | USD | 2.09 |
| K-1-UKdist | 15.10.2018 | 18.10.2018 | EUR | 12 504.81 |
| Monatliche Ausschüttung 1 |  |  |  |  |
| UBS (Lux) Key Selection SICAV – Global Allocation (EUR) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| N-6%-mdist | 10.10.2018 | 15.10.2018 | EUR | 0.42 |
| N-6%-mdist | 12.11.2018 | 15.11.2018 | EUR | 0.40 |
| N-6%-mdist | 10.12.2018 | 13.12.2018 | EUR | 0.39 |
| N-6%-mdist | 10.1.2019 | 15.1.2019 | EUR | 0.38 |
| N-6%-mdist | 11.2.2019 | 14.2.2019 | EUR | 0.39 |
| N-6%-mdist | 11.3.2019 | 14.3.2019 | EUR | 0.40 |
| N-6%-mdist | 10.4.2019 | 15.4.2019 | EUR | 0.40 |
| N-6%-mdist | 10.5.2019 | 15.5.2019 | EUR | 0.41 |
| N-6%-mdist | 11.6.2019 | 14.6.2019 | EUR | 0.39 |
| N-6%-mdist | 10.7.2019 | 15.7.2019 | EUR | 0.40 |
| N-6%-mdist | 12.8.2019 | 16.8.2019 | EUR | 0.40 |
| N-6%-mdist | 10.9.2019 | 13.9.2019 | EUR | 0.40 |
| 1  Siehe Erläuterung 6 |  |  |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Jahresbericht per 30. September 2019

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 30. September 2019
| Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Inhaberaktien |  |  |  |
| Österreich |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 27 477.00 | 833 652.18 | 0.25 |
| Total Österreich |  | 833 652.18 | 0.25 |
| Bermuda |  |  |  |
| USD	MARVELL TECH GROUP COM USD0.002 | 35 953.00 | 823 469.46 | 0.25 |
| Total Bermuda |  | 823 469.46 | 0.25 |
| Kanada |  |  |  |
| GBP	ENTERTAINMENT ONE ORD NPV | 126 155.00 | 807 107.10 | 0.25 |
| Total Kanada |  | 807 107.10 | 0.25 |
| Dänemark |  |  |  |
| DKK	GENMAB AS DKK1 (BEARER) | 3 563.00 | 663 562.76 | 0.20 |
| Total Dänemark |  | 663 562.76 | 0.20 |
| Frankreich |  |  |  |
| EUR	AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 8 172.00 | 1 067 263.20 | 0.32 |
| EUR	AXA EUR2.29 | 46 040.00 | 1 078 717.20 | 0.33 |
| EUR	BNP PARIBAS EUR2 | 18 972.00 | 847 479.24 | 0.26 |
| EUR	CREDIT AGRICOLE SA EUR3 | 83 554.00 | 930 791.56 | 0.28 |
| EUR	DANONE EUR0.25 | 17 343.00 | 1 401 661.26 | 0.43 |
| EUR	EIFFAGE EUR4 | 9 272.00 | 881 952.64 | 0.27 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 3 810.00 | 1 389 316.50 | 0.42 |
| EUR	PERNOD RICARD EUR1.55 | 7 845.00 | 1 281 873.00 | 0.39 |
| EUR	PUBLICIS GROUPE SA EUR0.40 | 11 494.00 | 518 609.28 | 0.16 |
| EUR	SAFRAN EUR0.20 | 9 195.00 | 1 328 217.75 | 0.40 |
| EUR	SCHNEIDER ELECTRIC EUR8 | 14 510.00 | 1 168 055.00 | 0.35 |
| EUR	UBISOFT ENTERTAIN EUR0.31 | 7 755.00 | 514 466.70 | 0.16 |
| Total Frankreich |  | 12 408 403.33 | 3.77 |
| Deutschland |  |  |  |
| EUR	COMMERZBANK AG NPV | 68 419.00 | 364 125.92 | 0.11 |
| EUR	CONTINENTAL AG ORD NPV | 6 186.00 | 728 092.20 | 0.22 |
| EUR	HEIDELBERGCEMENT NPV | 7 001.00 | 464 306.32 | 0.14 |
| EUR	LANXESS AG NPV | 14 025.00 | 785 400.00 | 0.24 |
| EUR	RWE AG (NEU) NPV | 26 790.00 | 768 605.10 | 0.23 |
| EUR	SAP AG ORD NPV | 15 750.00 | 1 699 110.00 | 0.52 |
| Total Deutschland |  | 4 809 639.54 | 1.46 |
| Hongkong |  |  |  |
| HKD	AIA GROUP LTD NPV | 149 000.00 | 1 290 988.37 | 0.39 |
| Total Hongkong |  | 1 290 988.37 | 0.39 |
| Italien |  |  |  |
| EUR	BANCA MEDIOLANUM NPV | 136 787.00 | 942 462.43 | 0.29 |
| Total Italien |  | 942 462.43 | 0.29 |
| Japan |  |  |  |
| JPY	MINEBEA MITSUMI INC | 43 700.00 | 634 599.93 | 0.19 |
| JPY	NABTESCO CORP NPV | 25 700.00 | 729 621.83 | 0.22 |
| JPY	TECHNOPRO HLDGS IN NPV | 6 400.00 | 347 639.03 | 0.11 |
| Total Japan |  | 1 711 860.79 | 0.52 |
| Luxemburg |  |  |  |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 288.00 | 122 803.20 | 0.04 |
| Total Luxemburg |  | 122 803.20 | 0.04 |
| Niederlande |  |  |  |
| EUR	ASR NEDERLAND N.V. EUR0.16 | 26 434.00 | 895 319.58 | 0.27 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 25 850.00 | 1 098 625.00 | 0.33 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 6 506.00 | 651 196.77 | 0.20 |
| Total Niederlande |  | 2 645 141.35 | 0.80 |
| Norwegen |  |  |  |
| NOK	YARA INTERNATIONAL NOK1.7 | 12 904.00 | 510 401.88 | 0.16 |
| Total Norwegen |  | 510 401.88 | 0.16 |
| Spanien |  |  |  |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 113 314.00 | 1 080 562.30 | 0.33 |
| Total Spanien |  | 1 080 562.30 | 0.33 |
| Schweden |  |  |  |
| SEK	ASSA ABLOY SER’B’NPV (POST SPLIT) | 43 238.00 | 883 798.58 | 0.27 |
| Total Schweden |  | 883 798.58 | 0.27 |
| Grossbritannien |  |  |  |
| GBP	ASTRAZENECA ORD USD0.25 | 28 329.00 | 2 325 080.28 | 0.71 |
| GBP	BABCOCK INTL GROUP ORD GBP0.60 | 129 648.00 | 817 730.68 | 0.25 |
| GBP	BEAZLEY PLC (UK) ORD GBP0.05 | 102 839.00 | 723 033.63 | 0.22 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 23 217.00 | 789 263.49 | 0.24 |
| USD	LIVANOVA PLC ORD GBP1.00 (DI) | 12 300.00 | 832 523.39 | 0.25 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 21 807.00 | 1 563 757.37 | 0.47 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Jahresbericht per 30. September 2019
|  | Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| GBP | SAGE GROUP GBP0.01051948 | 124 822.00 | 975 507.88 | 0.30 |
| GBP | SPECTRIS ORD GBP0.05 | 17 239.00 | 476 237.45 | 0.14 |
| EUR | UNILEVER EUR0.16 | 30 902.00 | 1 704 245.30 | 0.52 |
| Total Grossbritannien |  | 10 207 379.47 | 3.10 |
| Vereinigte Staaten |  |  |  |
| USD	ALIGN TECHNOLOGY INC COM | 4 645.00 | 770 843.33 | 0.24 |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 6 146.00 | 1 346 910.95 | 0.41 |
| USD	BIO RAD LABS INC CL A | 2 380.00 | 726 399.93 | 0.22 |
| USD	BLUEBIRD BIO INC COM USD0.01 | 3 281.00 | 276 335.92 | 0.08 |
| USD	CARVANA CO COM USD0.001 CL A | 6 110.00 | 369 895.43 | 0.11 |
| USD	COHERUS BIOSCIENCE COM USD0.0001 | 13 444.00 | 249 839.88 | 0.08 |
| USD	F M C CORP COM NEW | 9 395.00 | 755 598.61 | 0.23 |
| USD	GARDNER DENVER HLD COM USD0.01 | 24 906.00 | 646 294.94 | 0.20 |
| USD	IAC INTERACTIVECOR COM USD0.001 | 3 655.00 | 730 765.32 | 0.22 |
| USD	INCYTE CORPORATION COM USD0.001 | 11 642.00 | 792 685.43 | 0.24 |
| USD	IRONWOOD PHARMACEU COM CL A USD0.001 | 42 553.00 | 335 092.19 | 0.10 |
| USD	JOHNSON & JOHNSON COM USD1 | 14 220.00 | 1 687 565.22 | 0.51 |
| USD	JP MORGAN CHASE & COM USD1 | 12 718.00 | 1 372 942.05 | 0.42 |
| USD	MARSH & MCLENNAN COM USD1 | 8 374.00 | 768 500.00 | 0.23 |
| USD	MSA SAFETY INC COM NPV | 6 107.00 | 611 204.15 | 0.19 |
| USD	PEPSICO INC CAP USD0.016666 | 14 117.00 | 1 775 307.93 | 0.54 |
| USD	TAKE TWO INTERACTI COM USD0.01 | 6 867.00 | 789 497.14 | 0.24 |
| USD	TRANSUNION COM USD0.01 | 6 981.00 | 519 380.76 | 0.16 |
| USD	UNIVERSAL DISPLAY COM USD0.01 | 3 215.00 | 495 137.13 | 0.15 |
| Total Vereinigte Staaten |  | 15 020 196.31 | 4.57 |
| Total Inhaberaktien |  | 54 761 429.05 | 16.65 |
| Vorzugsaktien |  |  |  |
| Deutschland |  |  |  |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 3 829.00 | 597 553.74 | 0.18 |
| Total Deutschland |  | 597 553.74 | 0.18 |
| Total Vorzugsaktien |  | 597 553.74 | 0.18 |
| Namensaktien |  |  |  |
| Belgien |  |  |  |
| EUR	KBC GROUP NV NPV	12 871.00 | 767 369.02 | 0.23 |
| Total Belgien | 767 369.02 | 0.23 |
| Kanada |  |  |  |  |
| CAD | CANADIAN NAT RES LTD COM | 37 604.00 | 918 330.49 | 0.28 |
| Total Kanada |  | 918 330.49 | 0.28 |
| Dänemark |  |  |  |
| DKK	NOVO-NORDISK AS DKK0.2 SER’B’ | 21 772.00 | 1 026 883.58 | 0.31 |
| Total Dänemark |  | 1 026 883.58 | 0.31 |
| Finnland |  |  |  |
| EUR	NESTE OIL OYJ NPV | 21 530.00 | 653 866.10 | 0.20 |
| EUR	SAMPO OYJ SER’A’NPV | 59 821.00 | 2 182 270.08 | 0.66 |
| Total Finnland |  | 2 836 136.18 | 0.86 |
| Deutschland |  |  |  |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 7 128.00 | 1 524 322.80 | 0.46 |
| EUR	BAYER AG NPV (REGD) | 7 372.00 | 476 894.68 | 0.15 |
| EUR	DAIMLER AG ORD NPV(REGD) | 11 257.00 | 513 544.34 | 0.16 |
| Total Deutschland |  | 2 514 761.82 | 0.77 |
| Irland |  |  |  |
| USD	ALLEGION PLC CIM USD0.01 | 9 500.00 | 903 205.83 | 0.28 |
| EUR	CRH ORD EUR0.32 | 33 404.00 | 1 055 232.36 | 0.32 |
| Total Irland |  | 1 958 438.19 | 0.60 |
| Italien |  |  |  |
| EUR	ENEL EUR1 | 103 565.00 | 709 523.82 | 0.22 |
| EUR	MONCLER SPA NPV | 22 894.00 | 748 633.80 | 0.23 |
| Total Italien |  | 1 458 157.62 | 0.45 |
| Japan |  |  |  |
| JPY	ITOCHU CORP NPV | 37 900.00 | 717 641.19 | 0.22 |
| JPY	NINTENDO CO LTD NPV | 2 700.00 | 917 084.65 | 0.28 |
| JPY	NIPPON TEL&TEL CP NPV | 18 100.00 | 792 063.61 | 0.24 |
| JPY	ORIX CORP NPV | 64 400.00 | 880 541.81 | 0.27 |
| JPY	OTSUKA HLDGS CO NPV | 12 100.00 | 414 892.24 | 0.12 |
| JPY	SOFTBANK GROUP CO NPV | 20 700.00 | 744 911.67 | 0.23 |
| JPY	SONY CORP NPV | 31 400.00 | 1 691 479.44 | 0.51 |
| JPY	TAKEDA PHARMACEUTI NPV | 33 900.00 | 1 061 682.46 | 0.32 |
| JPY	WEST JAPAN RAILWAY NPV | 10 500.00 | 813 722.30 | 0.25 |
| Total Japan |  | 8 034 019.37 | 2.44 |
| Niederlande |  |  |  |
| EUR	ASML HOLDING NV EUR0.09 | 6 341.00 | 1 440 992.25 | 0.44 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 8 326.00 | 919 190.40 | 0.28 |
| EUR	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 57 813.00 | 1 555 169.70 | 0.47 |
| Total Niederlande |  | 3 915 352.35 | 1.19 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Jahresbericht per 30. September 2019
| Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Norwegen |  |  |  |
| NOK | DNB ASA NOK10 | 39 154.00 | 633 428.58 | 0.19 |
| NOK | EQUINOR ASA NOK2.50 | 37 782.00 | 660 054.85 | 0.20 |
| Total Norwegen	1 293 483.43	0.39 |
| Spanien |  |  |  |  |
| EUR | BBVA(BILB-VIZ-ARG) EUR0.49 | 138 746.00 | 663 275.25 | 0.20 |
| Total Spanien |  | 663 275.25 | 0.20 |
| Schweden |  |  |  |
| SEK	TELE2 AB SHS | 46 428.00 | 634 545.73 | 0.19 |
| Total Schweden |  | 634 545.73 | 0.19 |
| Schweiz |  |  |  |
| CHF	ALCON AG CHF0.04 | 7 770.00 | 415 984.68 | 0.13 |
| CHF	LONZA GROUP AG CHF1(REGD) | 3 881.00 | 1 204 542.28 | 0.37 |
| CHF	NESTLE SA CHF0.10(REGD) | 24 642.00 | 2 454 468.87 | 0.75 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 27 938.00 | 2 224 055.05 | 0.67 |
| CHF	RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 12 094.00 | 814 578.64 | 0.25 |
| CHF	SIKA AG CHF0.01 (REG) | 3 187.00 | 428 024.12 | 0.13 |
| CHF	ZURICH INSURANCE GRP CHF0.10 | 2 931.00 | 1 029 941.39 | 0.31 |
| Total Schweiz |  | 8 571 595.03 | 2.61 |
| Vereinigte Arabische Emirate |  |  |  |
| GBP	NETWORK INTL HLDGS ORD GBP0.1 (WI) | 103 506.00 | 625 935.49 | 0.19 |
| Total Vereinigte Arabische Emirate |  | 625 935.49 | 0.19 |
| Grossbritannien |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 11 461.00 | 274 383.97 | 0.08 |
| GBP	ANGLO AMERICAN USD0.54945 | 31 896.00 | 674 631.63 | 0.21 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 31 658.00 | 810 158.83 | 0.25 |
| GBP	BP ORD USD0.25 | 324 058.00 | 1 889 358.43 | 0.57 |
| GBP	CENTRICA ORD GBP0.061728395 | 466 074.00 | 388 479.66 | 0.12 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 16 442.00 | 619 441.40 | 0.19 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 50 765.00 | 1 001 084.02 | 0.30 |
| GBP	PRUDENTIAL ORD GBP0.05 | 36 391.00 | 606 731.13 | 0.18 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 22 397.00 | 495 946.19 | 0.15 |
| GBP	TESCO ORD GBP0.05 | 467 287.00 | 1 272 949.02 | 0.39 |
| Total Grossbritannien |  | 8 033 164.28 | 2.44 |
| Vereinigte Staaten |  |  |  |
| USD	ABBOTT LABS COM | 10 417.00 | 799 477.52 | 0.24 |
| USD	ADOBE INC COM USD0.0001 | 2 705.00 | 685 430.43 | 0.21 |
| USD	AGCO CORP COM USD0.01 | 13 859.00 | 962 324.62 | 0.29 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 9 079.00 | 815 627.65 | 0.25 |
| USD	ALLERGAN PLC COM USD0.0001 | 1 826.00 | 281 872.63 | 0.09 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 2 872.00 | 3 216 945.59 | 0.98 |
| USD	AMAZON COM INC COM USD0.01 | 3 123.00 | 4 972 708.61 | 1.51 |
| USD	AMER EXPRESS CO COM USD0.20 | 8 389.00 | 910 154.94 | 0.28 |
| USD	AMERIPRISE FINL INC COM | 5 295.00 | 714 451.02 | 0.22 |
| USD	APPLE INC COM NPV | 12 466.00 | 2 561 007.17 | 0.78 |
| USD	AUTODESK INC COM USD0.01 | 8 107.00 | 1 098 334.16 | 0.33 |
| USD	BK OF AMERICA CORP COM USD0.01 | 47 161.00 | 1 261 866.05 | 0.38 |
| USD	BURLINGTON STORES COM USD0.0001 | 4 049.00 | 742 130.97 | 0.23 |
| USD	CATERPILLAR INC DEL COM | 6 444.00 | 746 598.46 | 0.23 |
| USD	COMCAST CORP COM CLS’A’ USD0.01 | 46 615.00 | 1 927 540.08 | 0.59 |
| USD	COOPER COS INC COM USD0.10 | 1 895.00 | 516 249.31 | 0.16 |
| USD	CROWN CASTLE INTL COM USD0.01 | 4 800.00 | 612 041.83 | 0.19 |
| USD	CYCLERION THERAPEU COM NPV | 4 719.00 | 52 462.19 | 0.02 |
| USD	DELTA AIRLINES INC COM USD0.0001 | 19 579.00 | 1 034 443.59 | 0.31 |
| USD	DOLLAR GENERAL CP COM USD0.875 | 8 252.00 | 1 203 057.13 | 0.37 |
| USD	DOMINOS PIZZA INC COM USD0.01 | 4 579.00 | 1 027 313.90 | 0.31 |
| USD	ELANCO ANIMAL HEAL COM NPV | 49 087.00 | 1 197 232.92 | 0.36 |
| USD	EXPEDIA GROUP INC COM USD0.001 | 6 498.00 | 801 133.90 | 0.24 |
| USD	FACEBOOK INC COM USD0.000006 CL ‘A’ | 11 540.00 | 1 885 014.86 | 0.57 |
| USD	FIDELITY NATL INF COM STK USD0.01 | 19 586.00 | 2 385 101.23 | 0.72 |
| USD	GODADDY INC COM CL A USD0.001 | 23 969.00 | 1 450 627.98 | 0.44 |
| USD	HESS CORPORATION COM USD1 | 13 553.00 | 751 867.04 | 0.23 |
| USD	LAB CORP AMER HLDG COM USD0.1 | 8 390.00 | 1 292 900.39 | 0.39 |
| USD	LAM RESEARCH CORP COM USD0.001 | 4 626.00 | 980 659.38 | 0.30 |
| USD	LIVERAMP HOLDINGS COM USD0.10 | 8 776.00 | 345 823.67 | 0.10 |
| USD	LKQ CORP COM | 44 526.00 | 1 284 482.39 | 0.39 |
| USD	LOWE’S COS INC COM USD0.50 | 9 223.00 | 930 252.32 | 0.28 |
| USD	MASCO CORP COM | 14 063.00 | 537 649.83 | 0.16 |
| USD	MASTERCARD INC COM USD0.0001 CLASS ‘A’ | 7 488.00 | 1 865 268.90 | 0.57 |
| USD	MICRON TECHNOLOGY COM USD0.10 | 17 044.00 | 669 909.56 | 0.20 |
| USD	MICROSOFT CORP COM USD0.0000125 | 52 781.00 | 6 731 005.71 | 2.05 |
| USD	MOHAWK INDS COM USD0.01 | 7 697.00 | 875 955.60 | 0.27 |
| USD	MONDELEZ INTL INC COM USD0.01 | 42 210.00 | 2 141 861.31 | 0.65 |
| USD	NETFLIX INC COM USD0.001 | 3 767.00 | 924 715.23 | 0.28 |
| USD	NIKE INC CLASS’B’COM NPV | 16 913.00 | 1 457 043.62 | 0.44 |
| USD	PALO ALTO NETWORKS COM USD0.0001 | 3 274.00 | 612 125.68 | 0.19 |
| USD	PLAINS GP HLDGS LP LTD PARTNER INT CL A NEW IN | 42 638.00 | 830 310.71 | 0.25 |
| USD	ROCKWELL AUTOMATIO COM USD1 | 5 742.00 | 867 988.99 | 0.26 |
| USD	SALESFORCE.COM INC COM USD0.001 | 11 077.00 | 1 508 227.74 | 0.46 |
| USD	SERVICENOW INC COM USD0.001 | 3 567.00 | 830 565.91 | 0.25 |
| USD	SIMON PROP GROUP COM USD0.0001 | 9 807.00 | 1 400 164.69 | 0.43 |
| USD	SPIRIT AEROSYSTEMS COM STK USD0.01 CLASS ‘A’ | 14 201.00 | 1 071 262.37 | 0.33 |
| USD	STERICYCLE INC COM | 12 852.00 | 600 396.59 | 0.18 |
| USD	SYNCHRONY FINANCIA COM USD0.001 | 31 104.00 | 972 606.27 | 0.30 |
| USD	TJX COS INC COM USD1 | 30 032.00 | 1 535 483.10 | 0.47 |
| USD	ULTA BEAUTY INC COM STK USD0.01 | 3 362.00 | 772 963.95 | 0.23 |
| USD	UNION PACIFIC CORP COM USD2.50 | 7 304.00 | 1 085 215.48 | 0.33 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Jahresbericht per 30. September 2019
|  | Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | UNITEDHEALTH GRP COM USD0.01 | 3 302.00 | 658 219.26 | 0.20 |
| USD | VISA INC COM STK USD0.0001 | 14 357.00 | 2 265 224.33 | 0.69 |
| USD | WALT DISNEY CO. DISNEY COM USD0.01 | 17 047.00 | 2 037 759.16 | 0.62 |
| USD | WELLS FARGO & CO COM USD1 2/3 | 41 915.00 | 1 939 270.41 | 0.59 |
| USD | WESTERN DIGITAL CORP COM | 12 634.00 | 691 150.03 | 0.21 |
| USD | ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 4 629.00 | 582 849.78 | 0.18 |
| Total Vereinigte Staaten | 74 912 328.14 | 22.78 |
| Total Namensaktien | 118 163 775.97 | 35.93 |
| Depository Receipts |  |  |
| China |  |  |
| USD	ALIBABA GROUP HLDG SPON ADS EACH REP ONE ORD-ADR	2 359.00 | 361 856.15 | 0.11 |
| Total China | 361 856.15 | 0.11 |
| Spanien |  |  |  |  |
| USD | GRIFOLS SA SPON ADR EA REPR 1 ORD | 27 100.00 | 498 150.80 | 0.15 |
| Total Spanien |  | 498 150.80 | 0.15 |
| Grossbritannien |  |  |  |
| USD	GLAXOSMITHKLINE PLC SPONSORED ADR | 15 500.00 | 606 806.09 | 0.19 |
| Total Grossbritannien |  | 606 806.09 | 0.19 |
| Total Depository Receipts |  | 1 466 813.04 | 0.45 |
| Notes, fester Zins |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 5.50000% 11-21.04.23 | 1 600 000.00 | 1 155 109.77 | 0.35 |
| AUD	NEW SOUTH WALES TREASURY CORP 4.00000% 13-20.04.23 | 1 700 000.00 | 1 162 340.52 | 0.35 |
| Total AUD |  | 2 317 450.29 | 0.70 |
| GBP |  |  |  |
| GBP	BRITISH TELECOMMUNICATIONS PLC 5.75000% 99-07.12.28 | 500 000.00 | 732 928.00 | 0.22 |
| Total GBP |  | 732 928.00 | 0.22 |
| USD |  |  |  |
| USD	APPLE INC 2.40000% 13-03.05.23 | 1 000 000.00 | 932 369.38 | 0.28 |
| USD	E.ON INTERNATIONAL FINANCE BV-REG-S 6.65000% 08-30.04.38 | 1 000 000.00 | 1 265 870.67 | 0.38 |
| USD	GOLDMAN SACHS GROUP INC 3.62500% 13-22.01.23 | 1 000 000.00 | 953 931.57 | 0.29 |
| USD	HSBC HOLDINGS PLC 4.00000% 12-30.03.22 | 1 000 000.00 | 957 227.85 | 0.29 |
| USD	INTERNATIONAL BUSINESS MACHINES CORP 3.37500% 13-01.08.23 | 500 000.00 | 479 756.79 | 0.15 |
| USD	PETROLEOS MEXICANOS 3.50000% 13-30.01.23 | 1 000 000.00 | 914 052.46 | 0.28 |
| USD	TAQA ABU DHABI NATIONAL ENERGY CO-REG-S 3.62500% 12-12.01.23 | 1 000 000.00 | 942 946.25 | 0.29 |
| USD	TOTAL CAPITAL CANADA LTD 2.75000% 13-15.07.23 | 1 000 000.00 | 942 623.37 | 0.29 |
| USD	VALE OVERSEAS LTD 4.37500% 12-11.01.22 | 1 000 000.00 | 949 080.45 | 0.29 |
| USD	WALMART INC 6.50000% 07-15.08.37 | 500 000.00 | 696 024.08 | 0.21 |
| Total USD |  | 9 033 882.87 | 2.75 |
| Total Notes, fester Zins |  | 12 084 261.16 | 3.67 |
| Medium-Term Notes, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	WELLS FARGO & CO-REG-S 2.62500% 12-16.08.22 | 1 000 000.00 | 1 075 010.00 | 0.33 |
| Total EUR |  | 1 075 010.00 | 0.33 |
| GBP |  |  |  |
| GBP	BANK OF AMERICA CORP-REG-S 2.30000% 16-25.07.25 | 1 000 000.00 | 1 183 557.35 | 0.36 |
| Total GBP |  | 1 183 557.35 | 0.36 |
| USD |  |  |  |
| USD	SUN HUNG KAI PROPERTIES LTD-REG-S 4.50000% 12-14.02.22 | 1 000 000.00 | 956 870.30 | 0.29 |
| USD	TORONTO-DOMINION BANK 2.50000% 15-14.12.20 | 1 170 000.00 | 1 079 874.58 | 0.33 |
| Total USD |  | 2 036 744.88 | 0.62 |
| Total Medium-Term Notes, fester Zins |  | 4 295 312.23 | 1.31 |
| Medium-Term Notes, variabler Zins |  |  |  |
| GBP |  |  |  |
| GBP	IMPERIAL BRANDS FIN-REG-S 9.000%/RATING LINKED 09-17.02.22 | 500 000.00 | 665 698.59 | 0.20 |
| Total GBP |  | 665 698.59 | 0.20 |
| Total Medium-Term Notes, variabler Zins |  | 665 698.59 | 0.20 |
| Anleihen, fester Zins |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 2.75000% 12-21.04.24 | 4 875 000.00 | 3 285 259.59 | 1.00 |
| AUD	AUSTRALIA-REG-S 2.25000% 16-21.05.28 | 1 350 000.00 | 922 124.78 | 0.28 |
| AUD	AUSTRALIA-REG-S 2.75000% 14-21.06.35 | 1 720 000.00 | 1 291 924.76 | 0.39 |
| AUD	AUSTRALIA-REG-S 2.75000% 16-21.11.27 | 2 350 000.00 | 1 656 383.81 | 0.51 |
| AUD	AUSTRALIA-REG-S 3.00000% 16-21.03.47 | 1 150 000.00 | 927 354.52 | 0.28 |
| AUD	AUSTRALIA-REG-S 3.25000% 13-21.04.25 | 2 350 000.00 | 1 646 192.51 | 0.50 |
| AUD	QUEENSLAND TREASURY CORP 6.00000% 11-21.07.22 | 50 000.00 | 35 222.42 | 0.01 |
| AUD	QUEENSLAND TREASURY CORP-REG-S 4.25000% 12-21.07.23 | 850 000.00 | 588 753.03 | 0.18 |
| AUD	TREASURY CORP OF VICTORIA 6.00000% 03-17.10.22 | 1 750 000.00 | 1 246 490.56 | 0.38 |
| Total AUD |  | 11 599 705.98 | 3.53 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Jahresbericht per 30. September 2019
|  | Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
| CAD |  |  |  |  |
| CAD | CANADA, GOVERNMENT 0.75000% 16-01.09.21 | 3 200 000.00 | 2 182 609.03 | 0.67 |
| CAD | CANADA, GOVERNMENT 2.75000% 14-01.12.64 | 1 200 000.00 | 1 161 728.69 | 0.35 |
| CAD | CANADA, GOVERNMENT 2.25000% 14-01.06.25 | 2 730 000.00 | 1 979 187.63 | 0.60 |
| CAD | CANADA, GOVERNMENT 3.25000% 10-01.06.21 | 4 800 000.00 | 3 414 545.74 | 1.04 |
| CAD | CANADA, GOVERNMENT 3.50000% 11-01.12.45 | 1 150 000.00 | 1 129 074.40 | 0.34 |
| CAD | CANADA, GOVERNMENT 5.75000% 01-01.06.33 | 1 050 000.00 | 1 112 570.60 | 0.34 |
| Total CAD |  |  | 10 979 716.09 | 3.34 |
| EUR |  |  |  |  |
| EUR | FRANCE, REPUBLIC OF-OAT 2.75000% 12-25.10.27 | 1 450 000.00 | 1 830 163.90 | 0.56 |
| EUR | FRANCE, REPUBLIC OF-OAT-144A-REG-S 1.25000% 15-25.05.36 | 700 000.00 | 831 215.00 | 0.25 |
| EUR | GERMANY, REPUBLIC OF 1.50000% 14-15.05.24 | 2 000 000.00 | 2 216 800.00 | 0.67 |
| EUR | GERMANY, REPUBLIC OF 4.75000% 98-04.07.28 | 900 000.00 | 1 338 449.40 | 0.41 |
| EUR | GERMANY, REPUBLIC OF 4.00000% 05-04.01.37 | 1 500 000.00 | 2 670 750.00 | 0.81 |
| EUR | GERMANY, REPUBLIC OF 2.25000% 11-04.09.21 | 2 100 000.00 | 2 223 467.40 | 0.68 |
| EUR | ITALY, REPUBLIC OF BTP 3.75000% 10-01.03.21 | 2 900 000.00 | 3 066 663.00 | 0.93 |
| EUR | ITALY, REPUBLIC OF-BTP 4.00000% 05-01.02.37 | 660 000.00 | 911 277.84 | 0.28 |
| EUR | ITALY, REPUBLIC OF-BTP 2.20000% 17-01.06.27 | 1 800 000.00 | 2 017 627.20 | 0.61 |
| Total EUR |  |  | 17 106 413.74 | 5.20 |
| USD |  |  |  |  |
| USD | CHINA OVERSEAS FINANCE CAYMAN II-REG-S 5.50000% 10-10.11.20 | 1 000 000.00 | 945 067.41 | 0.29 |
| USD | PFIZER INC 7.20000% 09-15.03.39 | 1 000 000.00 | 1 438 342.96 | 0.43 |
| Total USD |  |  | 2 383 410.37 | 0.72 |
| Total Anleihen, fester Zins |  | 42 069 246.18 | 12.79 |
| Anleihen, Nullcoupon |  |  |  |
| EUR |  |  |  |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.00000% 16-25.05.21 | 2 050 000.00 | 2 073 632.40 | 0.63 |
| Total EUR |  | 2 073 632.40 | 0.63 |
| Total Anleihen, Nullcoupon |  | 2 073 632.40 | 0.63 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 5.00000% 07-15.05.37 | 650 000.00 | 879 309.29 | 0.27 |
| USD	AMERICA, UNITED STATES OF 3.50000% 09-15.02.39 | 1 000 000.00 | 1 149 015.05 | 0.35 |
| USD	AMERICA, UNITED STATES OF 3.00000% 15-15.05.45 | 1 500 000.00 | 1 619 954.32 | 0.49 |
| USD	AMERICA, UNITED STATES OF 2.25000% 16-15.08.46 | 625 000.00 | 587 890.24 | 0.18 |
| USD	AMERICA, UNITED STATES OF 2.37500% 14-15.08.24 | 3 550 000.00 | 3 377 630.60 | 1.03 |
| USD	AMERICA, UNITED STATES OF 2.00000% 15-15.02.25 | 2 580 000.00 | 2 416 364.76 | 0.73 |
| USD	AMERICA, UNITED STATES OF 3.37500% 09-15.11.19 | 4 500 000.00 | 4 134 222.48 | 1.26 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 3 500 000.00 | 3 342 598.88 | 1.01 |
| Total USD |  | 17 506 985.62 | 5.32 |
| Total Treasury-Notes, fester Zins |  | 17 506 985.62 | 5.32 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 1 650 000.00 | 3 163 543.39 | 0.96 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 685 000.00 | 951 307.75 | 0.29 |
| USD	AMERICA, UNITED STATES OF 1.125%/CPI LINKED 11-15.01.21 | 890 000.00 | 960 192.52 | 0.29 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.01.22 | 1 125 000.00 | 1 158 096.36 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 1 160 000.00 | 1 141 829.05 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 1 155 000.00 | 1 136 103.32 | 0.35 |
| Total USD |  | 8 511 072.39 | 2.59 |
| Total Treasury-Notes, variabler Zins | 8 511 072.39 | 2.59 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 262 195 780.37 | 79.72 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	ABBVIE INC 2.90000% 13-06.11.22	1 000 000.00 | 934 847.55 | 0.28 |
| USD	KRAFT HEINZ FOODS CO 3.50000% 12-06.06.22	1 000 000.00 | 942 763.89 | 0.29 |
| USD	MORGAN STANLEY 3.75000% 13-25.02.23	1 000 000.00 | 959 036.14 | 0.29 |
| USD	TIME WARNER CABLE LLC 4.00000% 11-01.09.21	500 000.00 | 469 234.00 | 0.14 |
| USD	VERIZON COMMUNICATIONS INC 4.01600% 19-03.12.29	1 019 000.00 | 1 038 752.45 | 0.32 |
| USD	WALT DISNEY CO-REG-S 3.00000% 19-15.09.22	1 000 000.00 | 945 861.58 | 0.29 |
| Total USD | 5 290 495.61 | 1.61 |
| Total Notes, fester Zins | 5 290 495.61 | 1.61 |
| Medium-Term Notes, fester Zins |  |  |
| USD |  |  |
| USD	BANK OF AMERICA CORP 3.30000% 13-11.01.23	1 000 000.00 | 947 686.58 | 0.29 |
| Total USD | 947 686.58 | 0.29 |
| Total Medium-Term Notes, fester Zins | 947 686.58 | 0.29 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Jahresbericht per 30. September 2019
| Bezeichnung | Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Anleihen, fester Zins |  |  |  |
| CAD |  |  |  |
| CAD	CANADA, GOVERNMENT 0.50000% 16-01.03.22 | 3 800 000.00 | 2 567 338.45 | 0.78 |
| CAD	CANADA, GOVERNMENT 2.75000% 14-01.12.48 | 1 300 000.00 | 1 155 515.69 | 0.35 |
| Total CAD |  | 3 722 854.14 | 1.13 |
| USD |  |  |  |
| USD	AMERICA MOVIL SAB DE CV 3.12500% 12-16.07.22 | 1 000 000.00 | 938 043.48 | 0.29 |
| Total USD |  | 938 043.48 | 0.29 |
| Total Anleihen, fester Zins |  | 4 660 897.62 | 1.42 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.62500% 14-15.02.44 | 3 470 000.00 | 4 114 646.87 | 1.25 |
| USD	AMERICA, UNITED STATES OF 1.87500% 17-30.09.22 | 2 200 000.00 | 2 035 871.97 | 0.62 |
| Total USD |  | 6 150 518.84 | 1.87 |
| Total Treasury-Notes, fester Zins |  | 6 150 518.84 | 1.87 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 610 000.00 | 624 543.84 | 0.19 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 1 500 000.00 | 1 493 429.29 | 0.45 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 1 125 000.00 | 1 141 384.65 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.04.21 | 1 180 000.00 | 1 158 757.86 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 1 133 500.00 | 1 154 594.89 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 1 145 000.00 | 1 157 244.80 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 1 130 000.00 | 1 149 177.69 | 0.35 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 1 140 000.00 | 1 145 533.09 | 0.35 |
| Total USD |  | 9 024 666.11 | 2.74 |
| Total Treasury-Notes, variabler Zins |  | 9 024 666.11 | 2.74 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  | 26 074 264.76 | 7.93 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
Luxemburg
| CNY | UBS (LUX) BOND SICAV - CHINA FIXED INCOME (RMB) U-X-ACC | 442.00 | 6 301 938.84 | 1.91 |
| --- | --- | --- | --- | --- |
| USD | UBS (LUX) EMERGING ECONOMIES FUND-GLOBAL BONDS (USD)-U-X ACC | 1 231.00 | 15 356 041.86 | 4.67 |
| USD | UBS (LUX) INST FUND - EMERGING MARKETS EQUITY FA | 272.00 | 6 903 318.58 | 2.10 |
| Total Luxemburg | 28 561 299.28 | 8.68 |
| Total Investment Fonds, open end | 28 561 299.28 | 8.68 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 28 561 299.28 | 8.68 |
| Total des Wertpapierbestandes | 316 831 344.41 | 96.33 |

| Derivative Instrumente |  |
| --- | --- |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |
| Finanzterminkontrakte auf Anleihen |
|  |  |  |  |
| EUR	EURO-BOBL FUTURE 06.12.19 | -147.00 | 167 580.00 | 0.05 |
| USD	US 10YR TREASURY NOTE FUTURE 19.12.19 | -202.00 | 254 769.77 | 0.08 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 19.12.19 | 24.00 | -89 089.16 | -0.03 |
| USD	US 5YR TREASURY NOTE FUTURE 31.12.19 | -33.00 | 23 884.65 | 0.01 |
| CAD	CANADA 10YR BOND FUTURE 18.12.19 | 171.00 | -273 661.64 | -0.09 |
| Total Finanzterminkontrakte auf Anleihen |  | 83 483.62 | 0.02 |
| Finanzterminkontrakte auf Indizes |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 20.12.19 | 103.00 | 58 710.00 | 0.02 |
| CHF	SWISS MARKET INDEX FUTURE 20.12.19 | -54.00 | -40 235.75 | -0.01 |
| EUR	CAC 40 INDEX FUTURE 18.10.19 | -200.00 | -160 000.00 | -0.05 |
| GBP	FTSE 100 INDEX FUTURE 20.12.19 | -212.00 | -204 286.90 | -0.06 |
| SEK	OMX 30 INDEX FUTURE 18.10.19 | -692.00 | 7 424.19 | 0.00 |
| USD	FTSE XINHUA CHINA A 50 INDEX FUTURE 30.10.19 | 581.00 | -74 610.16 | -0.02 |
| USD	S&P500 EMINI FUTURE 20.12.19 | -156.00 | 165 064.94 | 0.05 |
| JPY	TOPIX INDX FUTURE 12.12.19 | 105.00 | 561 213.51 | 0.17 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 20.12.19 | 271.00 | -226 392.63 | -0.07 |
| AUD	SPI 200 INDEX FUTURE 19.12.19 | 33.00 | 23 477.69 | 0.01 |
| USD	E-MINI RUSSELL 1000 VALUE INDEX FUTURE 20.12.19 | 309.00 | -178 998.63 | -0.06 |
| CAD	S&P/TSX 60 INDEX FUTURE 19.12.19 | 6.00 | 33.25 | 0.00 |
| Total Finanzterminkontrakte auf Indizes |  | -68 600.49 | -0.02 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  | 14 883.13 | 0.00 |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR)
Jahresbericht per 30. September 2019
| Bezeichnung	Anzahl/ | Bewertung in EUR | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Credit-Default-Swaps*
| USD | ICE/CDX.NA.HY.33-V1 CDI REC 5.00000% 19-20.12.24 | 17 200 000.00 | 1 082 372.21 | 0.33 |
| --- | --- | --- | --- | --- |
| Total Credit-Default-Swaps | 1 082 372.21 | 0.33 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | 1 082 372.21 | 0.33 |
| Total Derivative Instrumente | 1 097 255.34 | 0.33 |
| Devisenterminkontrakte |  |  |
| Devisenterminkontrakte (Kauf/Verkauf) |  |  |

| EUR | 23 670 752.12 | GBP | 21 804 999.77 | 10.10.2019 | -969 318.78 | -0.30 |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 29 040 292.91 | CAD | 43 083 406.09 | 10.10.2019 | -793 344.16 | -0.24 |
| EUR | 27 235 296.03 | AUD | 45 051 727.92 | 10.10.2019 | -627 024.44 | -0.19 |
| EUR | 2 184 436.68 | DKK | 16 300 000.00 | 10.10.2019 | 1 219.86 | 0.00 |
| EUR | 19 734 727.03 | CHF | 21 517 917.49 | 10.10.2019 | -60 621.42 | -0.02 |
| EUR | 6 949 248.07 | NZD | 11 935 000.00 | 10.10.2019 | 87 659.24 | 0.03 |
| MXN | 264 780 000.00 | EUR | 11 908 013.36 | 10.10.2019 | 368 832.59 | 0.11 |
| JPY | 1 472 915 005.00 | EUR | 12 357 221.02 | 10.10.2019 | 142 635.83 | 0.04 |
| SEK | 48 255 903.20 | EUR | 4 487 720.19 | 10.10.2019 | 13 788.25 | 0.00 |
| EUR | 186 064 666.54 | USD | 209 360 000.00 | 10.10.2019 | -5 855 237.93 | -1.78 |
| EUR | 1 435 270.39 | HKD | 12 649 999.57 | 10.10.2019 | -44 161.42 | -0.01 |
| EUR | 1 395 352.86 | NOK | 13 952 081.58 | 10.10.2019 | -12 519.56 | 0.00 |
| EUR | 942 372.16 | USD | 1 060 000.00 | 10.10.2019 | -29 327.78 | -0.01 |
| GBP | 700 000.00 | EUR | 758 389.96 | 10.10.2019 | 32 623.56 | 0.01 |
| EUR | 632 596.43 | JPY | 75 000 000.00 | 10.10.2019 | -3 889.22 | 0.00 |
| USD | 750 000.00 | EUR | 666 536.26 | 10.10.2019 | 20 987.28 | 0.01 |
| USD | 830 000.00 | EUR | 741 733.76 | 10.10.2019 | 19 125.62 | 0.01 |
| USD | 1 000 000.00 | EUR | 899 221.71 | 10.10.2019 | 17 476.34 | 0.01 |
| GBP | 800 000.00 | EUR | 872 939.51 | 10.10.2019 | 31 075.94 | 0.01 |
| EUR | 634 296.14 | JPY | 75 000 000.00 | 10.10.2019 | -2 189.51 | 0.00 |
| EUR | 220 248.48 | NOK | 2 200 000.00 | 10.10.2019 | -1 748.45 | 0.00 |
| USD | 140 000.00 | EUR | 125 530.91 | 10.10.2019 | 2 806.82 | 0.00 |
| USD | 6 843 813.50 | CNH | 49 120 000.00 | 10.10.2019 | -30 159.76 | -0.01 |
| CAD | 800 000.00 | EUR | 542 106.17 | 10.10.2019 | 11 863.72 | 0.00 |
| JPY | 65 000 000.00 | EUR | 552 389.94 | 10.10.2019 | -769.04 | 0.00 |
| SEK | 4 500 000.00 | EUR | 417 026.39 | 10.10.2019 | 2 752.05 | 0.00 |
| CHF | 250 000.00 | EUR | 229 938.76 | 10.10.2019 | 48.05 | 0.00 |
| GBP | 250 000.00 | EUR | 275 223.10 | 10.10.2019 | 7 281.73 | 0.00 |
| USD | 900 000.00 | EUR | 812 983.97 | 10.10.2019 | 12 044.28 | 0.00 |
| USD | 430 000.00 | EUR | 391 077.82 | 10.10.2019 | 3 102.34 | 0.00 |
| EUR | 279 632.03 | NOK | 2 800 000.00 | 10.10.2019 | -2 909.52 | 0.00 |
| USD | 202 329.17 | CHF | 200 000.00 | 10.10.2019 | 1 485.24 | 0.00 |
| USD | 620 000.00 | EUR | 563 903.76 | 10.10.2019 | 4 449.03 | 0.00 |
| USD | 2 000 000.00 | EUR | 1 810 600.50 | 10.10.2019 | 22 795.61 | 0.01 |
| EUR | 233 227.70 | CAD | 340 000.00 | 10.10.2019 | -2 209.50 | 0.00 |
| EUR | 292 872.11 | CHF | 320 000.00 | 10.10.2019 | -1 511.00 | 0.00 |
| EUR | 655 284.25 | SEK | 7 000 000.00 | 10.10.2019 | 2 295.56 | 0.00 |
| EUR | 224 823.08 | CAD | 330 000.00 | 10.10.2019 | -3 689.50 | 0.00 |
| USD | 1 230 000.00 | EUR | 1 109 332.97 | 10.10.2019 | 18 205.64 | 0.01 |
| EUR | 191 012.37 | GBP | 170 000.00 | 10.10.2019 | -1 090.91 | 0.00 |
| USD | 470 000.00 | EUR | 423 762.82 | 10.10.2019 | 7 085.27 | 0.00 |
| EUR | 178 460.17 | SEK | 1 900 000.00 | 10.10.2019 | 1 220.38 | 0.00 |
| COP | 25 100 000 000.00 | USD | 7 450 834.88 | 21.11.2019 | -230 737.46 | -0.07 |
| CAD | 41 647 200.00 | EUR | 28 505 662.16 | 25.10.2019 | 304 080.87 | 0.09 |
| GBP | 23 072 100.00 | EUR | 26 058 574.16 | 25.10.2019 | -1 727.24 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | -7 537 245.50 | -2.29 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 17 810 257.54 | 5.41 |
| Kontokorrentkredit und andere kurzfristige Verbindlichkeiten | -220 143.09 | -0.07 |
| Andere Aktiva und Passiva | 931 803.11 | 0.29 |
| Total des Nettovermögens | 328 913 271.81 | 100.00 |
| * Nominal positiv: der Subfonds ist «Receiver of protection», Nominal negativ: der Subfonds ist «Seller of protection». |  |  |

UBS (Lux) Key Selection SICAV – Global Allocation (EUR) Jahresbericht per 30. September 2019