# UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
| Three-year comparison |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Net assets in USD |  | 318 001 979.77 | 157 652 769.82 | 135 939 223.47 |
| Class (CHF hedged) I-A1-acc | LU0455555184 |  |  |  |
| Shares outstanding |  | 69 067.9070 | 66 424.0000 | 77 715.0000 |
| Net asset value per share in CHF |  | 111.87 | 105.09 | 102.09 |
| Issue and redemption price per share in CHF 1 |  | 111.87 | 105.09 | 102.09 |
| Class (CHF hedged) I-A1-dist | LU0455555267 |  |  |  |
| Shares outstanding |  | 119 956.6890 | 121 607.0000 | 118 877.0000 |
| Net asset value per share in CHF |  | 103.87 | 98.99 | 97.23 |
| Issue and redemption price per share in CHF 1 |  | 103.87 | 98.99 | 97.23 |
| Class I-A2-acc 2 | LU0455552322 |  |  |  |
| Shares outstanding |  | - | - | 33 750.0000 |
| Net asset value per share in USD |  | - | - | 108.09 |
| Issue and redemption price per share in USD 1 |  | - | - | 108.09 |
| Class I-A3-acc | LU0455552678 |  |  |  |
| Shares outstanding |  | 1 362.0000 | 4 120.0000 | 3 608.0000 |
| Net asset value per share in USD |  | 129.61 | 120.09 | 112.97 |
| Issue and redemption price per share in USD 1 |  | 129.61 | 120.09 | 112.97 |
| Class (CHF hedged) I-A3-acc | LU0455555697 |  |  |  |
| Shares outstanding |  | 5 000.0000 | 5 000.0000 | 5 000.0000 |
| Net asset value per share in CHF |  | 111.54 | 104.67 | 101.59 |
| Issue and redemption price per share in CHF 1 |  | 111.54 | 104.67 | 101.59 |
| Class (EUR hedged) I-A3-acc | LU0455558790 |  |  |  |
| Shares outstanding |  | 86 861.6490 | 7 925.0000 | 7 090.0000 |
| Net asset value per share in EUR |  | 115.58 | 108.19 | 104.60 |
| Issue and redemption price per share in EUR 1 |  | 115.58 | 108.19 | 104.60 |
| Class (CHF hedged) I-B-acc | LU0455555853 |  |  |  |
| Shares outstanding |  | 49 601.3610 | 41 324.2830 | 41 324.2830 |
| Net asset value per share in CHF |  | 117.79 | 110.11 | 106.47 |
| Issue and redemption price per share in CHF 1 |  | 117.79 | 110.11 | 106.47 |
| Class (EUR hedged) I-X-acc 3 | LU2069292600 |  |  |  |
| Shares outstanding |  | 110 291.0040 | 102 542.0040 | - |
| Net asset value per share in EUR |  | 108.26 | 100.88 | - |
| Issue and redemption price per share in EUR 1 |  | 108.26 | 100.88 | - |
| Class (EUR hedged) K-1-acc 4 | LU0455557396 |  |  |  |
| Shares outstanding |  | - | 0.7000 | 0.7000 |
| Net asset value per share in EUR |  | - | 3 714 533.94 | 3 596 845.34 |
| Issue and redemption price per share in EUR 1 |  | - | 3 714 533.94 | 3 596 845.34 |
| Class P-acc | LU0455550201 |  |  |  |
| Shares outstanding |  | 341 095.0690 | 136 644.3630 | 121 017.7720 |
| Net asset value per share in USD |  | 144.24 | 134.36 | 127.05 |
| Issue and redemption price per share in USD 1 |  | 144.24 | 134.36 | 127.05 |
| Class (CHF hedged) P-acc | LU0455553486 |  |  |  |
| Shares outstanding |  | 196 664.7550 | 203 584.3940 | 206 632.4860 |
| Net asset value per share in CHF |  | 121.43 | 114.57 | 111.79 |
| Issue and redemption price per share in CHF 1 |  | 121.43 | 114.57 | 111.79 |
| Class (EUR hedged) P-acc | LU0455556406 |  |  |  |
| Shares outstanding |  | 687 927.6750 | 280 233.9340 | 351 184.6770 |
| Net asset value per share in EUR |  | 128.29 | 120.75 | 117.36 |
| Issue and redemption price per share in EUR 1 |  | 128.29 | 120.75 | 117.36 |
| Class Q-acc | LU1240775160 |  |  |  |
| Shares outstanding |  | 68 812.5630 | 23 911.9500 | 32 339.5170 |
| Net asset value per share in USD |  | 128.14 | 118.87 | 111.96 |
| Issue and redemption price per share in USD 1 |  | 128.14 | 118.87 | 111.96 |
| Class (CHF hedged) Q-acc | LU1240774940 |  |  |  |
| Shares outstanding |  | 32 073.6280 | 19 946.0070 | 27 408.0230 |
| Net asset value per share in CHF |  | 111.73 | 105.00 | 102.04 |
| Issue and redemption price per share in CHF 1 |  | 111.73 | 105.00 | 102.04 |
| Class (EUR hedged) Q-acc | LU1240775087 |  |  |  |
| Shares outstanding |  | 463 677.1210 | 263 145.7200 | 115 035.6570 |
| Net asset value per share in EUR |  | 114.53 | 107.37 | 103.94 |
| Issue and redemption price per share in EUR 1 |  | 114.53 | 107.37 | 103.94 |
| 1  See note 1 2  The share class I-A2-acc was in circulation until 24.2.2020 3  First NAV: 30.10.2019 4  The share class (EUR hedged) K-1-acc was in circulation until 30.7.2020 |  |  |  |  |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
Annual report and audited financial statements as of 31 May 2021
| Performance |  |
| --- | --- |
|  | Currency | 2020/2021 | 2019/2020 | 2018/2019 |
| Class (CHF hedged) I-A1-acc | CHF | 6.5% | 2.9% | 2.0% |
| Class (CHF hedged) I-A1-dist | CHF | 6.5% | 2.9% | 2.0% |
| Class I-A2-acc 1 | USD | - | - | 5.4% |
| Class I-A3-acc | USD | 7.9% | 6.3% | 5.5% |
| Class (CHF hedged) I-A3-acc | CHF | 6.6% | 3.0% | 2.1% |
| Class (EUR hedged) I-A3-acc | EUR | 6.8% | 3.4% | 2.4% |
| Class (CHF hedged) I-B-acc | CHF | 7.0% | 3.4% | 2.5% |
| Class (EUR hedged) I-X-acc | EUR | 7.3% | - | - |
| Class (EUR hedged) K-1-acc 2 | EUR | - | 3.3% | - |
| Class P-acc | USD | 7.4% | 5.8% | 4.9% |
| Class (CHF hedged) P-acc | CHF | 6.0% | 2.5% | 1.6% |
| Class (EUR hedged) P-acc | EUR | 6.2% | 2.9% | 1.9% |
| Class Q-acc | USD | 7.8% | 6.2% | 5.4% |
| Class (CHF hedged) Q-acc | CHF | 6.4% | 2.9% | 2.0% |
| Class (EUR hedged) Q-acc | EUR | 6.7% | 3.3% | 2.3% |
| Benchmark: Bloomberg Barclays Global inflation linked 1-10 years (hedged CHF) | CHF | 4.8% | 1.1% | 0.6% |
| Bloomberg Barclays Global inflation linked 1-10 years | USD | 6.1% | 4.0% | 4.1% |
| Bloomberg Barclays Global inflation linked 1-10 years (hedged EUR) | EUR | 5.1% | 1.5% | 1.0% |

1 
The share class I-A2-acc was in circulation until 24.2.2020. Due to this fact, there is no data for the calculation of the performance available in 2021.
2 
The share class (EUR hedged) K-1-acc was in circulation until 30.7.2020. Due to the recent launch, there is no data for the calculation of the performance available.
Historical performance is no indicator of current or future performance.
The performance data does not take account of any commissions and costs charged when subscribing and redeeming shares. The performance data were not audited.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Annual report and audited financial statements as of 31 May 2021

## Report of the Portfolio Manager
Much of the financial year, from 1 June 2020 to 31 May 2021, is characterized by the effects of the loose mon- etary policy the central banks continued to run in order to support the global economy emerging from a pan- demic. Corporate credit sectors performed especially well with spreads grinding tighter to post-financial crisis lows. In government bond markets, investors started looking ahead at the effects of the loose monetary policy and at the beginning of 2021 inflation fears became a concern as vaccines started to be rolled out globally. This has led to market pricing in an inflation overshoot and an earlier tapering than communicated as government bond yields rose substantially.
The subfund posted a positive performance both in abso- lute terms and versus the Bloomberg Barclays Global inflation linked 1-10 years (hedged USD) index over the financial year. Within duration management markets where we were overweight duration, markets such as US and China detracted from performance, while mar- kets where we were underweight contributed, such as UK and Poland. Our off-benchmark exposure to credit sectors was also a contributor as spreads grinded tighter over the period. Within currencies our preference for Emerging Market currencies was a contributor, as these recovered from the Q1 2020 turmoil. Overall we expect government bond yields to remain around their current levels and therefore prefer holding duration in countries with attractive yield pick-up and where central banks are in the process of pursuing easy monetary policy in order to bring inflation up to their medium-term targets. Addi- tionally, we own Corporates, as these continue to benefit from various central bank purchase programs, although we are cautious and selective.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
Annual report and audited financial statements as of 31 May 2021

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| United States | 41.95 |
| --- | --- |
| France | 7.96 |
| New Zealand | 7.91 |
| Italy | 7.53 |
| Japan | 6.17 |
| United Kingdom | 4.49 |
| Spain | 2.62 |
| Mexico | 2.25 |
| Australia | 1.40 |
| Sweden | 1.27 |
| Russian Federation (CIS) | 1.13 |
| South Africa | 0.81 |
| Germany | 0.77 |
| Luxembourg | 0.71 |
| Brazil | 0.71 |
| China | 0.69 |
| The Netherlands | 0.60 |
| Cayman Islands | 0.37 |
| Romania | 0.35 |
| Greece | 0.32 |
| Ukraine | 0.28 |
| India | 0.27 |
| Denmark | 0.23 |
| Turkey | 0.22 |
| Ireland | 0.20 |
| Indonesia | 0.18 |
| Costa Rica | 0.17 |
| Switzerland | 0.16 |
| Peru | 0.16 |
| Thailand | 0.15 |
| Colombia | 0.15 |
| Saudi Arabia | 0.14 |
| Bermuda | 0.14 |
| Venezuela | 0.12 |
| Finland | 0.12 |
| Kazakhstan | 0.12 |
| Argentina | 0.11 |
| Uruguay | 0.09 |
| Egypt | 0.08 |
| Canada | 0.08 |
| Malaysia | 0.08 |
| Mongolia | 0.07 |
| Chile | 0.07 |
| Hong Kong | 0.07 |
| Oman | 0.06 |
| Jersey | 0.05 |
| Ecuador | 0.04 |
| Total | 93.62 |

Economic Breakdown as a % of net assets	
| Countries & central governments | 83.08 |
| --- | --- |
| Finance & holding companies | 2.59 |
| Banks & credit institutions | 1.26 |
| Mortgage & funding institutions | 1.10 |
| Telecommunications | 0.99 |
| Traffic & transportation | 0.82 |
| Petroleum | 0.80 |
| Real Estate | 0.46 |
| Insurance | 0.44 |
| Retail trade, department stores | 0.34 |
| Internet, software & IT services | 0.29 |
| Miscellaneous unclassified companies | 0.25 |
| Energy & water supply | 0.24 |
| Pharmaceuticals, cosmetics & medical products | 0.20 |
| Computer hardware & network equipment providers | 0.18 |
| Supranational organisations | 0.12 |
| Healthcare & social services | 0.11 |
| Miscellaneous services | 0.10 |
| Electrical devices & components | 0.07 |
| Chemicals | 0.06 |
| Mechanical engineering & industrial equipment | 0.04 |
| Packaging industry | 0.04 |
| Food & soft drinks | 0.02 |
| Tobacco & alcohol | 0.02 |
| Total | 93.62 |


## Statement of Net Assets
Assets	31.5.2021
USD
Investments in securities, cost	279 391 583.88
Investments in securities, unrealized appreciation (depreciation)		18 321 259.51	 Total investments in securities (Note 1)			297 712 843.39
Cash at banks, deposits on demand and deposit accounts	7 557 026.62*
Other liquid assets (Margins)	1 676 987.67
Receivable on securities sales (Note 1)	6 156.00
Receivable on subscriptions	21 138 877.72
Interest receivable on securities	1 254 979.55
Interest receivable on liquid assets	307.81
Other receivables	81 175.24
Unrealized gain on financial futures (Note 1)	98 328.29
Unrealized gain on forward foreign exchange contracts (Note 1)	1 723 852.62
Total Assets	331 273 637.78
Liabilities
Unrealized gain on swaps (Note 1)	23 102.87
Bank overdraft	-3 963 259.53
Payable on securities purchases (Note 1)	-8 584 804.05
Payable on redemptions	-418 626.08
Provisions for flat fee (Note 2)	-264 822.89
Provisions for taxe d’abonnement (Note 3)	-22 849.76
Provisions for other commissions and fees (Note 2)		-17 295.70		 Total provisions			-304 968.35
Total Liabilities	-13 271 658.01
Net assets at the end of the financial year	318 001 979.77

## Statement of Operations
Income	1.6.2020-31.5.2021
USD
Interest on liquid assets	30 887.37
Interest on securities	3 419 140.98
Interest received on swaps (Note 1)	1 446 274.81
Income on securities lending (Note 16)	72 040.20
Total income	5 280 358.84
Expenses
Other income (Note 4)	312 015.48
Interest paid on swaps (Note 1)	-1 411 423.22
Flat fee (Note 2)	-1 428 606.34
Taxe d’abonnement (Note 3)	-93 924.36
Cost on securities lending (Note 16)	-28 816.08
Other commissions and fees (Note 2)	-16 963.24
Net income (loss) on investments	2 258 981.06
Total expenses	-3 021 377.78
Interest on cash and bank overdraft	-41 644.54
Realized gain (loss) (Note 1)
Realized gain (loss) on market-priced securities without options	2 572 517.58
Realized gain (loss) on financial futures	-273 224.22
Realized gain (loss) on forward foreign exchange contracts	4 471 509.43
Realized gain (loss) on swaps	2 516 517.07
Total realized gain (loss)	7 380 862.94
Net realized gain (loss) of the financial year	9 639 844.00
Changes in unrealized appreciation (depreciation) (Note 1)
Realized gain (loss) on foreign exchange	-1 906 456.92
Unrealized appreciation (depreciation) on market-priced securities without options	14 324 765.74
Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments	12 980.92
Unrealized appreciation (depreciation) on financial futures	279 344.81
Unrealized appreciation (depreciation) on forward foreign exchange contracts	1 440 040.37
Total changes in unrealized appreciation (depreciation)	16 050 320.45
Net increase (decrease) in net assets as a result of operations	25 690 164.45
Unrealized appreciation (depreciation) on swaps	-6 811.39
* As at 31 May 2021, cash amounts serve as collateral for the counterparty JP Morgan for an amount of USD 90 000.00.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Annual report and audited financial statements as of 31 May 2021
| Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Net assets at the beginning of the financial year | 157 652 769.82 |
| Subscriptions | 206 835 601.63 |
| Redemptions | 	-71 987 225.13	 |
| Total net subscriptions (redemptions) | 134 848 376.50 |
| Dividend paid | -189 331.00 |
| Net income (loss) on investments | 2 258 981.06 |
| Total realized gain (loss) | 7 380 862.94 |
| Total changes in unrealized appreciation (depreciation) | 	16 050 320.45	 |
| Net increase (decrease) in net assets as a result of operations | 25 690 164.45 |
| Net assets at the end of the financial year | 318 001 979.77 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2020-31.5.2021 |
| Class | (CHF hedged) I-A1-acc |
| Number of shares outstanding at the beginning of the financial year | 66 424.0000 |
| Number of shares issued | 6 725.9070 |
| Number of shares redeemed | -4 082.0000 |
| Number of shares outstanding at the end of the financial year | 69 067.9070 |
| Class | (CHF hedged) I-A1-dist |
| Number of shares outstanding at the beginning of the financial year | 121 607.0000 |
| Number of shares issued | 7 114.6890 |
| Number of shares redeemed | -8 765.0000 |
| Number of shares outstanding at the end of the financial year | 119 956.6890 |
| Class | I-A3-acc |
| Number of shares outstanding at the beginning of the financial year | 4 120.0000 |
| Number of shares issued | 705.0000 |
| Number of shares redeemed | -3 463.0000 |
| Number of shares outstanding at the end of the financial year | 1 362.0000 |
| Class | (CHF hedged) I-A3-acc |
| Number of shares outstanding at the beginning of the financial year | 5 000.0000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the financial year | 5 000.0000 |
| Class | (EUR hedged) I-A3-acc |
| Number of shares outstanding at the beginning of the financial year | 7 925.0000 |
| Number of shares issued | 83 340.9250 |
| Number of shares redeemed | -4 404.2760 |
| Number of shares outstanding at the end of the financial year | 86 861.6490 |
| Class | (CHF hedged) I-B-acc |
| Number of shares outstanding at the beginning of the financial year | 41 324.2830 |
| Number of shares issued | 11 094.8440 |
| Number of shares redeemed | -2 817.7660 |
| Number of shares outstanding at the end of the financial year | 49 601.3610 |
| Class | (EUR hedged) I-X-acc |
| Number of shares outstanding at the beginning of the financial year | 102 542.0040 |
| Number of shares issued | 10 357.0000 |
| Number of shares redeemed | -2 608.0000 |
| Number of shares outstanding at the end of the financial year | 110 291.0040 |
| Class | (EUR hedged) K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 0.7000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.7000 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the financial year | 136 644.3630 |
| Number of shares issued | 254 080.8000 |
| Number of shares redeemed | -49 630.0940 |
| Number of shares outstanding at the end of the financial year | 341 095.0690 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 203 584.3940 |
| Number of shares issued | 14 489.1430 |
| Number of shares redeemed | -21 408.7820 |
| Number of shares outstanding at the end of the financial year | 196 664.7550 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 280 233.9340 |
| Number of shares issued | 606 217.7800 |
| Number of shares redeemed | -198 524.0390 |
| Number of shares outstanding at the end of the financial year | 687 927.6750 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the financial year | 23 911.9500 |
| Number of shares issued | 46 663.3090 |
| Number of shares redeemed | -1 762.6960 |
| Number of shares outstanding at the end of the financial year | 68 812.5630 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
Annual report and audited financial statements as of 31 May 2021
| Class | (CHF hedged) Q-acc |
| --- | --- |
| Number of shares outstanding at the beginning of the financial year | 19 946.0070 |
| Number of shares issued | 18 095.3320 |
| Number of shares redeemed | -5 967.7110 |
| Number of shares outstanding at the end of the financial year | 32 073.6280 |
| Class | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 263 145.7200 |
| Number of shares issued | 392 436.0640 |
| Number of shares redeemed | -191 904.6630 |
| Number of shares outstanding at the end of the financial year | 463 677.1210 |

| Annual Distribution 1 |  |
| --- | --- |
| UBS (Lux) Bond SICAV – Global Inflation-linked (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| (CHF hedged) I-A1-dist 1  See note 5 | 3.8.2020 | 6.8.2020 | CHF | 1.45 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Annual report and audited financial statements as of 31 May 2021

## Statement of Investments in Securities and other Net Assets as of 31 May 2021
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Notes, fixed rate |  |  |  |
| BRL |  |  |  |
| BRL	BRAZIL, FEDERATIVE REPUBLIC OF 10.00000% 16-01.01.27 | 9 300.00 | 1 881 858.55 | 0.59 |
| Total BRL |  | 1 881 858.55 | 0.59 |
| EUR |  |  |  |
| EUR	ALTICE FRANCE HOLDING SA-REG-S 8.00000% 19-15.05.27 | 100 000.00 | 131 553.71 | 0.04 |
| EUR	ALTICE FRANCE-REG-S 5.87500% 18-01.02.27 | 200 000.00 | 260 274.80 | 0.08 |
| EUR	ARDAGH PACKAGING FINANCE/MP-REG-S 2.12500% 19-15.08.26 | 100 000.00 | 121 947.11 | 0.04 |
| EUR	CHINA, PEOPLE’S REPUBLIC OF-REG-S 1.00000% 19-12.11.39 | 490 000.00 | 587 228.87 | 0.19 |
| EUR	LOXAM SAS-REG-S 3.75000% 19-15.07.26 | 100 000.00 | 124 429.09 | 0.04 |
| EUR	SOFTBANK GROUP CORP-REG-S 5.00000% 18-15.04.28 | 100 000.00 | 138 846.48 | 0.04 |
| EUR	TELE COLUMBUS AG-REG-S 3.87500% 18-02.05.25 | 300 000.00 | 374 367.85 | 0.12 |
| EUR	TRITAX EUROBOX PLC-REG-S 0.95000% 21-02.06.26 | 160 000.00 | 194 482.97 | 0.06 |
| EUR	UKRAINE, GOVERNMENT OF-REG-S 4.37500% 20-27.01.30 | 400 000.00 | 457 515.63 | 0.14 |
| EUR	VANTAGE TOWERS AG-REG-S 0.37500% 21-31.03.27 | 200 000.00 | 242 818.29 | 0.08 |
| Total EUR |  | 2 633 464.80 | 0.83 |
| GBP |  |  |  |
| GBP	CPUK FINANCE LTD-REG-S 4.50000% 21-28.08.27 | 110 000.00 | 157 214.50 | 0.05 |
| Total GBP |  | 157 214.50 | 0.05 |
| USD |  |  |  |
| USD	ABBVIE INC 4.25000% 18-14.11.28 | 70 000.00 | 80 619.12 | 0.03 |
| USD	ABBVIE INC 4.87500% 18-14.11.48 | 50 000.00 | 62 318.52 | 0.02 |
| USD	ALTRIA GROUP INC 4.40000% 19-14.02.26 | 34 000.00 | 38 603.63 | 0.01 |
| USD	ALTRIA GROUP INC 4.80000% 19-14.02.29 | 10 000.00 | 11 450.19 | 0.00 |
| USD	APT PIPELINES LTD-REG-S 4.20000% 15-23.03.25 | 100 000.00 | 109 941.22 | 0.03 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.07.35 | 291 000.00 | 95 720.81 | 0.03 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.01.38 | 140 203.00 | 55 275.04 | 0.02 |
| USD	ARGENTINA, REPUBLIC OF 1.00000% 20-09.07.29 | 20 992.00 | 8 144.89 | 0.00 |
| USD	AT&T INC 4.35000% 19-01.03.29 | 100 000.00 | 114 379.62 | 0.04 |
| USD	AT&T INC 4.75000% 15-15.05.46 | 75 000.00 | 87 621.05 | 0.03 |
| USD	CHILE, REPUBLIC OF 3.86000% 17-21.06.47 | 200 000.00 | 213 725.00 | 0.07 |
| USD	CIGNA CORP 4.37500% 19-15.10.28 | 85 000.00 | 98 073.69 | 0.03 |
| USD	CITIGROUP INC 4.65000% 18-23.07.48 | 135 000.00 | 168 920.78 | 0.05 |
| USD	CNOOC PETROLEUM NORTH AMERICA ULC 6.40000% 07-15.05.37 | 200 000.00 | 262 162.50 | 0.08 |
| USD	CONAGRA BRANDS INC 5.40000% 18-01.11.48 | 50 000.00 | 64 451.88 | 0.02 |
| USD	COSTA RICA, REPUBLIC OF-REG-S 7.15800% 15-12.03.45 | 500 000.00 | 526 031.25 | 0.17 |
| USD	CVS HEALTH CORP 4.30000% 18-25.03.28 | 65 000.00 | 74 482.01 | 0.02 |
| USD	ECUADOR GOVT INTERNATIONAL BD-REG-S STEP-UP/DOWN 20-31.07.35 | 99 060.00 | 69 218.18 | 0.02 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 0.50000% 20-31.07.30 | 37 800.00 | 32 697.00 | 0.01 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 20-31.07.40 | 45 400.00 | 28 729.68 | 0.01 |
| USD	ENABLE MIDSTREAM PARTNERS LP 3.90000% 15-15.05.24 | 100 000.00 | 107 001.02 | 0.03 |
| USD	ENERGY TRANSFER LP 4.50000% 19-15.04.24 | 100 000.00 | 109 577.08 | 0.03 |
| USD	ENERGY TRANSFER LP 6.00000% 18-15.06.48 | 60 000.00 | 72 606.71 | 0.02 |
| USD	EQT CORP 3.90000% 17-01.10.27 | 210 000.00 | 224 259.00 | 0.07 |
| USD	INDONESIA, REPUBLIC OF-REG-S 5.25000% 12-17.01.42 | 300 000.00 | 365 212.50 | 0.12 |
| USD	MEITUAN DIANPING-REG-S 3.05000% 20-28.10.30 | 700 000.00 | 676 396.00 | 0.21 |
| USD	OMAN GOVT INTERNATIONAL BOND-REG-S 6.75000% 18-17.01.48 | 200 000.00 | 194 850.00 | 0.06 |
| USD	ORBIA ADVANCE CORP SAB DE CV-REG-S 1.87500% 21-11.05.26 | 800 000.00 | 801 640.00 | 0.25 |
| USD	PEGASUS HAVA TASIMACILIGI AS-REG-S 9.25000% 21-30.04.26 | 260 000.00 | 267 150.00 | 0.08 |
| USD	PETROBRAS GLOBAL FINANCE BV1 5.09300% 20-15.01.30 | 400 000.00 | 428 400.00 | 0.14 |
| USD	PETROLEOS MEXICANOS 6.84000% 20-23.01.30 | 400 000.00 | 413 556.00 | 0.13 |
| USD	PHILLIPS 66 PARTNERS LP 4.68000% 15-15.02.45 | 75 000.00 | 82 711.60 | 0.03 |
| USD	SANTOS FINANCE LTD-REG-S 3.64900% 21-29.04.31 | 300 000.00 | 301 365.09 | 0.10 |
| USD	SHIMAO PROPERTY HOLDINGS LTD-REG-S 3.45000% 21-11.01.31 | 200 000.00 | 189 250.00 | 0.06 |
| USD	SPRINT CORP 7.87500% 14-15.09.23 | 200 000.00 | 226 622.00 | 0.07 |
| USD	TEVA PHARMACEUTICAL FINANCE NL III BV 2.80000% 16-21.07.23 | 180 000.00 | 178 425.00 | 0.06 |
| USD	TURKEY, REPUBLIC OF 6.87500% 06-17.03.36 | 450 000.00 | 446 428.12 | 0.14 |
| USD	UKRAINE, GOVERNMENT OF-REG-S 7.37500% 17-25.09.32 | 400 000.00 | 424 450.00 | 0.13 |
| USD	URUGUAY, REPUBLIC OF 4.12500% 12-20.11.45 | 250 000.00 | 286 687.50 | 0.09 |
| USD	VEB FINANCE PLC-REG-S LPN 5.94200% 13-21.11.23 | 200 000.00 | 218 600.00 | 0.07 |
| USD	VERIZON COMMUNICATIONS INC 2.10000% 21-22.03.28 | 555 000.00 | 562 288.41 | 0.18 |
| USD	VISTRA OPERATIONS CO LLC-144A 4.37500% 21-01.05.29 | 85 000.00 | 85 495.97 | 0.03 |
| USD	YPF SA-REG-S 6.95000% 17-21.07.27 | 160 000.00 | 104 330.00 | 0.03 |
| USD	YPF SA-REG-S 7.00000% 17-15.12.47 | 170 000.00 | 101 128.75 | 0.03 |
| Total USD |  | 9 070 996.81 | 2.85 |
| Total Notes, fixed rate |  | 13 743 534.66 | 4.32 |
| Notes, zero coupon |  |  |  |
| USD |  |  |  |
| USD	ECUADOR, REPUBLIC OF-REG-S 0.00000% 20-31.07.30 | 12 974.00 | 7 301.93 | 0.00 |
| Total USD |  | 7 301.93 | 0.00 |
| Total Notes, zero coupon |  | 7 301.93 | 0.00 |
| Notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	ABANCA CORP BANCARIA SA-REG-S-SUB VAR 21-PRP | 200 000.00 | 257 062.16 | 0.08 |
| EUR	ITALY, REPUBLIC OF-144A-REG-S 2.350%/CPI LINKED 14-15.09.24 | 3 120 000.00 | 4 577 597.33 | 1.44 |
| EUR	RAKUTEN GROUP INC-REG-S-SUB 4.250%VAR 21-PRP | 405 000.00 | 506 061.53 | 0.16 |
| EUR	WINTERSHALL DEA FINANCE 2BV-REG-S-SUB 3.000%/VAR 21-PRP | 300 000.00 | 357 757.17 | 0.11 |
| Total EUR |  | 5 698 478.19 | 1.79 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| GBP |  |  |  |  |
| GBP | NATWEST GROUP PLC-REG-S-SUB 3.622%/VAR 20-14.08.30 | 200 000.00 | 303 110.42 | 0.10 |
| Total GBP |  |  | 303 110.42 | 0.10 |
| USD |  |  |  |  |
| USD | ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 200 000.00 | 205 124.00 | 0.06 |
| Total USD |  |  | 205 124.00 | 0.06 |
| Total Notes, floating rate |  | 6 206 712.61 | 1.95 |
| Medium term notes, fixed rate |  |  |  |
| AUD |  |  |  |
| AUD	CORPORACION ANDINA DE FOMENTO 4.50000% 15-05.06.25 | 450 000.00 | 379 535.68 | 0.12 |
| Total AUD |  | 379 535.68 | 0.12 |
| EUR |  |  |  |
| EUR	ABERTIS INFRAESTRUCTURAS SA-REG-S 2.37500% 19-27.09.27 | 100 000.00 | 134 410.81 | 0.04 |
| EUR	AEROPORTI DI ROMA SPA-REG-S 1.75000% 21-30.07.31 | 215 000.00 | 261 314.89 | 0.08 |
| EUR	AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 200 000.00 | 262 777.81 | 0.09 |
| EUR	ASTRAZENECA PLC-REG-S 0.37500% 21-03.06.29 | 205 000.00 | 249 254.69 | 0.08 |
| EUR	BANCO DE SABADELL SA-REG-S-SUB 2.50000% 21-15.04.31 | 200 000.00 | 245 082.64 | 0.08 |
| EUR	CELLNEX FINANCE CO SA-REG-S 1.50000% 21-08.06.28 | 600 000.00 | 729 349.85 | 0.23 |
| EUR	CNH INDUSTRIAL FINANCE EUROPE SA-REG-S 1.87500% 18-19.01.26 | 100 000.00 | 130 835.78 | 0.04 |
| EUR	GAS NETWORKS IRELAND-REG-S 0.12500% 19-04.12.24 | 110 000.00 | 135 303.29 | 0.04 |
| EUR	KION GROUP AG-REG-S 1.62500% 20-24.09.25 | 100 000.00 | 127 312.10 | 0.04 |
| EUR	ORANO SA 4.87500% 09-23.09.24 | 50 000.00 | 69 154.43 | 0.02 |
| EUR	PPF ARENA 1 BV-REG-S 2.12500% 19-31.01.25 | 350 000.00 | 438 625.68 | 0.14 |
| EUR	REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 100 000.00 | 131 385.97 | 0.04 |
| EUR	ROMANIA-REG-S 4.62500% 19-03.04.49 | 500 000.00 | 767 212.88 | 0.24 |
| EUR	RYANAIR DAC-REG-S 0.87500% 21-25.05.26 | 135 000.00 | 165 394.47 | 0.05 |
| EUR	TRATON FINANCE LUXEMBOURG SA-REG-S 1.25000% 21-24.03.33 | 200 000.00 | 243 749.46 | 0.08 |
| EUR	ZF FINANCE GMBH-REG-S 3.00000% 20-21.09.25 | 400 000.00 | 514 491.12 | 0.16 |
| Total EUR |  | 4 605 655.87 | 1.45 |
| GBP |  |  |  |
| GBP	AUTOSTRADE PER L’ITALIA SPA 6.25000% 04-09.06.22 | 300 000.00 | 444 371.14 | 0.14 |
| GBP	PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 4.12500% 17-20.07.22 | 100 000.00 | 147 202.30 | 0.05 |
| Total GBP |  | 591 573.44 | 0.19 |
| USD |  |  |  |
| USD	EGYPT, REPUBLIC OF-REG-S 8.70020% 19-01.03.49 | 250 000.00 | 268 796.87 | 0.08 |
| USD	EXPORT IMPORT BANK OF THAILAND-REG-S 1.45700% 20-15.10.25 | 485 000.00 | 485 780.94 | 0.15 |
| USD	INDIAN RAILWAY FINANCE CORP LTD-REG-S 2.80000% 21-10.02.31 | 410 000.00 | 393 101.48 | 0.12 |
| USD	MEXICO, UNITED STATES OF 4.75000% 12-08.03.44 | 150 000.00 | 163 621.87 | 0.05 |
| USD	MONGOLIA,GOVERNMENT OF-REG-S 8.75000% 17-09.03.24 | 200 000.00 | 228 475.00 | 0.07 |
| USD	MORGAN STANLEY-SUB 4.35000% 14-08.09.26 | 150 000.00 | 170 933.23 | 0.05 |
| USD	PERTAMINA PERSERO PT-REG-S 4.70000% 19-30.07.49 | 200 000.00 | 210 850.00 | 0.07 |
| USD	QTEL INTERNATIONAL FINANCE LTD-REG-S 2.62500% 21-08.04.31 | 200 000.00 | 201 310.00 | 0.06 |
| USD	REC LTD-REG-S 2.25000% 21-01.09.26 | 480 000.00 | 468 849.17 | 0.15 |
| USD	ROMANIA-REG-S 6.12500% 14-22.01.44 | 250 000.00 | 334 343.75 | 0.11 |
| USD	SAUDI ARABIAN OIL CO-REG-S 3.50000% 19-16.04.29 | 200 000.00 | 214 975.00 | 0.07 |
| USD	SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 4.00000% 18-17.04.25 | 215 000.00 | 237 682.50 | 0.08 |
| Total USD |  | 3 378 719.81 | 1.06 |
| Total Medium term notes, fixed rate |  | 8 955 484.80 | 2.82 |
| Medium term notes, zero coupon |  |  |  |
| EUR |  |  |  |
| EUR	VOLKSWAGEN LEASING GMBH-REG-S 0.00000% 21-19.07.24 | 300 000.00 | 366 107.63 | 0.12 |
| Total EUR |  | 366 107.63 | 0.12 |
| Total Medium term notes, zero coupon |  | 366 107.63 | 0.12 |
| Medium term notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AUSNET SERVICES HOLDINGS PT-REG-S-SUB 1.625%/VAR 21-11.03.81 | 150 000.00 | 185 744.98 | 0.06 |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 100 000.00 | 139 235.38 | 0.04 |
| EUR	DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 200 000.00 | 248 616.10 | 0.08 |
| EUR	DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 100 000.00 | 127 138.48 | 0.04 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 100 000.00 | 129 144.85 | 0.04 |
| EUR	NATWEST GROUP PLC-REG-S 2.000%/VAR 18-04.03.25 | 300 000.00 | 385 723.09 | 0.12 |
| EUR	TOTAL SE-REG-S-SUB 2.125%/VAR 21-PRP | 240 000.00 | 284 559.56 | 0.09 |
| EUR	VIRGIN MONEY UK PLC-REG-S 0.000%/VAR 21-27.05.24 | 260 000.00 | 319 398.97 | 0.10 |
| Total EUR |  | 1 819 561.41 | 0.57 |
| Total Medium term notes, floating rate |  | 1 819 561.41 | 0.57 |
| Bonds, fixed rate |  |  |  |
| CNY |  |  |  |
| CNY	CHINA DEVELOPMENT BANK CORP 3.80000% 16-25.01.36 | 10 000 000.00 | 1 591 048.06 | 0.50 |
| Total CNY |  | 1 591 048.06 | 0.50 |
| EUR |  |  |  |
| EUR	ADLER REAL ESTATE AG-REG-S 3.00000% 18-27.04.26 | 200 000.00 | 253 819.20 | 0.08 |
| EUR	ADO PROPERTIES SA-REG-S 1.50000% 17-26.07.24 | 200 000.00 | 240 697.24 | 0.07 |
| EUR	AUTOSTRADE PER L’ITALIA SPA REG-S 2.00000% 21-15.01.30 | 290 000.00 | 363 737.64 | 0.11 |
| EUR	FINNAIR OYJ-REG-S 4.25000% 21-19.05.25 | 305 000.00 | 379 101.17 | 0.12 |
| EUR	GREECE, HELLENIC REPUBLIC OF-144A-REG-S 1.87500% 19-23.07.26 | 755 000.00 | 1 006 032.12 | 0.32 |
| EUR	INEOS QUATTRO FINANCE 2 PLC-REG-S 2.50000% 21-15.01.26 | 120 000.00 | 147 268.20 | 0.05 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | INTRUM JUSTITIA AB-REG-S 3.12500% 17-15.07.24 | 200 000.00 | 245 801.55 | 0.08 |
| EUR | ITALY BUONI POLIENNALI DEL-REG-S-144A 0.15000% 21-15.05.51 | 500 000.00 | 585 036.18 | 0.18 |
| EUR | MPT OPERATING PARTNERSHIP LP/FIN CORP 3.32500% 17-24.03.25 | 100 000.00 | 131 886.77 | 0.04 |
| EUR | VERISURE HOLDING AB-REG-S 3.25000% 21-15.02.27 | 145 000.00 | 178 425.96 | 0.06 |
| Total EUR |  |  | 3 531 806.03 | 1.11 |
| GBP |  |  |  |  |
| GBP | BELLIS ACQUISITION CO PLC-REG-S 3.25000% 21-16.02.26 | 180 000.00 | 255 848.51 | 0.08 |
| GBP | PREMIER FOODS FINANCE PLC-REG-S 3.50000% 21-15.10.26 | 260 000.00 | 369 590.00 | 0.11 |
| GBP | SCOTTISH WIDOWS PLC-REG-S-SUB 5.50000% 13-16.06.23 | 100 000.00 | 154 619.68 | 0.05 |
| GBP | UNITED KINGDOM OF GREAT BRITAIN-REG-S 0.87500% 19-22.10.29 | 1 850 000.00 | 2 661 120.86 | 0.84 |
| Total GBP |  |  | 3 441 179.05 | 1.08 |
| JPY |  |  |  |  |
| JPY | JAPAN 0.50000% 19-20.03.59 | 180 000 000.00 | 1 535 598.52 | 0.48 |
| Total JPY |  |  | 1 535 598.52 | 0.48 |
| MXN |  |  |  |  |
| MXN | MEXICO, UNITED MEXICAN STATES 7.75000% 11-13.11.42 | 1 083 200.00 | 5 585 610.52 | 1.76 |
| Total MXN |  | 5 585 610.52 | 1.76 |
| USD |  |  |  |  |
| USD | BRAZIL, FEDERATIVE REPUBLIC OF 7.12500% 06-20.01.37 | 300 000.00 | 380 681.25 | 0.12 |
| USD | CNAC HK FINBRIDGE CO LTD-REG-S 4.62500% 18-14.03.23 | 200 000.00 | 208 100.00 | 0.06 |
| USD | COLOMBIA, REPUBLIC OF 6.12500% 09-18.01.41 | 400 000.00 | 464 325.00 | 0.15 |
| USD | COUNTRY GARDEN HOLDINGS CO LTD-REG-S 2.70000% 21-12.07.26 | 200 000.00 | 195 062.50 | 0.06 |
| USD | GAZ CAPITAL SA/GAZPROM-REG-S LPN 7.28800% 07-16.08.37 | 200 000.00 | 277 975.00 | 0.09 |
| USD | HCA INC 5.37500% 15-01.02.25 | 200 000.00 | 223 750.00 | 0.07 |
| USD | KAZAKHSTAN, REPUBLIC OF-REG-S 4.87500% 14-14-10.44 | 300 000.00 | 370 368.75 | 0.12 |
| USD | MALAYSIA WAKALA SUKUK BHD-REG-S 3.07500% 21-28.04.51 | 250 000.00 | 250 733.72 | 0.08 |
| USD | MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 201 000.00 | 198 849.30 | 0.06 |
| USD | NETFLIX INC 4.37500% 16-15.11.26 | 100 000.00 | 112 779.00 | 0.03 |
| USD | PERU, REPUBLIC OF 2.78300% 20-23.01.31 | 340 000.00 | 340 382.50 | 0.11 |
| USD | PERU, REPUBLIC OF 8.75000% 03-21.11.33 | 100 000.00 | 154 800.00 | 0.05 |
| Total USD |  |  | 3 177 807.02 | 1.00 |
| ZAR |  |  |  |  |
| ZAR | SOUTH AFRICA, REPUBLIC OF 8.75000% 12-28.02.48 | 31 000 000.00 | 1 891 725.74 | 0.59 |
| ZAR | SOUTH AFRICA, REPUBLIC OF 8.50000% 13-31.01.37 | 11 100 000.00 | 687 931.24 | 0.22 |
| Total ZAR |  |  | 2 579 656.98 | 0.81 |
| Total Bonds, fixed rate |  | 21 442 706.18 | 6.74 |
| Bonds, floating rate |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 2.500%/CPI LINKED 10-20.09.30 | 2 915 000.00 | 3 584 694.94 | 1.13 |
| Total AUD |  | 3 584 694.94 | 1.13 |
| DKK |  |  |  |
| DKK	DENMARK, KINGDOM OF 0.100%/CPI LINKED 18-15.11.30 | 3 750 000.00 | 721 886.76 | 0.23 |
| Total DKK |  | 721 886.76 | 0.23 |
| EUR |  |  |  |
| EUR	ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 100 000.00 | 131 752.77 | 0.04 |
| EUR	FRANCE, REPUBLIC OF 1.850%/CPTFEMU LINKED 10-25.07.27 | 3 220 000.00 | 5 500 032.54 | 1.73 |
| EUR	FRANCE, REPUBLIC OF 0.250%/CPTFEMU LINKED 13-25.07.24 | 1 079 000.00 | 1 525 586.82 | 0.48 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.700%/CPI LINKED 14-25.07.30 | 1 910 000.00 | 3 002 205.39 | 0.94 |
| EUR	FRANCE, REPUBLIC OF-OAT 0.100%/CPI LINKED 15-01.03.25 | 3 000 000.00 | 4 102 069.49 | 1.29 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.100%/CPI LINKED 17-01.03.28 | 2 200 000.00 | 3 133 748.08 | 0.99 |
| EUR	FRANCE, REPUBLIC OF-REG-S 0.100%/CPTFEMU LINKED 20-01.03.26 | 1 620 000.00 | 2 185 893.95 | 0.69 |
| EUR	FRANCE,REPUBLIC OF-OAT 0.100%/INFLATION IDX LKD 19-01.03.29 | 3 380 000.00 | 4 772 431.62 | 1.50 |
| EUR	ITALY, REPUBLIC OF 3.100%/CPI LINKED 11-15.09.26 | 2 870 000.00 | 4 848 776.44 | 1.52 |
| EUR	ITALY, REPUBLIC OF-144A-REG-S 1.300%/CPI LINKED 17-15.05.28 | 3 748 000.00 | 5 539 093.73 | 1.74 |
| EUR	ITALY, REPUBLIC OF-144A-REG-S 0.400%/CPI LINKED 19-15.05.30 | 3 430 000.00 | 4 639 742.34 | 1.46 |
| EUR	ITALY, REPUBLIC OF-BTP 2.600%/CPI LINKED 07-15.09.23 | 420 000.00 | 682 290.16 | 0.21 |
| EUR	ITALY, REPUBLIC OF-REG-S 0.650%/CPI LINKED 20-15.05.26 | 1 500 000.00 | 2 007 108.21 | 0.63 |
| EUR	SES SA-REG-S-SUB 2.875%/VAR 21-PRP | 780 000.00 | 957 739.15 | 0.30 |
| EUR	SPAIN GOVERNMENT-144A-REG-S 1.000%/CPI LINKED 15-30.11.30 | 2 763 000.00 | 4 311 731.62 | 1.36 |
| EUR	SPAIN GOVERNMENT-144A-REG-S 0.650%/CPI LINKED 17-30.11.27 | 1 810 000.00 | 2 661 970.82 | 0.84 |
| EUR	VONOVIA FINANCE BV-REG-S-SUB 4.000%/VAR 14-PRP | 100 000.00 | 124 668.00 | 0.04 |
| Total EUR |  | 50 126 841.13 | 15.76 |
| GBP |  |  |  |
| GBP	M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 175 000.00 | 294 954.21 | 0.09 |
| GBP	UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 11-22.03.29 | 1 050 000.00 | 2 345 344.25 | 0.74 |
| GBP	UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 15-22.03.26 | 1 900 000.00 | 3 632 207.27 | 1.14 |
| GBP	UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 18-10.08.28 | 1 500 000.00 | 2 818 771.37 | 0.89 |
| Total GBP |  | 9 091 277.10 | 2.86 |
| NZD |  |  |  |
| NZD	NEW ZEALAND-REG-S 2.500%/CPI LINKED 14-20.09.35 | 6 986 000.00 | 7 041 606.33 | 2.21 |
| Total NZD |  | 7 041 606.33 | 2.21 |
| SEK |  |  |  |
| SEK	SWEDEN, KINGDOM OF 0.250%/IDX LINKED 11-01.06.22 | 1 170 000.00 | 155 558.91 | 0.05 |
| SEK	SWEDEN, KINGDOM OF 0.125%/CPI LINKED 17-01.12.27 | 24 000 000.00 | 3 458 105.88 | 1.09 |
| Total SEK |  | 3 613 664.79 | 1.14 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| USD |  |  |  |  |
| USD | QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 250 000.00 | 283 172.93 | 0.09 |
| USD | RAKUTEN GROUP INC-REG-S-SUB 6.250%/VAR 21-PRP | 540 000.00 | 578 475.00 | 0.18 |
| USD | SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 200 000.00 | 210 500.00 | 0.07 |
| USD | UBS GROUP AG-REG-S-SUB 7.125%/VAR 16-PRP | 500 000.00 | 505 000.00 | 0.16 |
| USD | WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 75 000.00 | 79 563.75 | 0.02 |
| Total USD |  |  | 1 656 711.68 | 0.52 |
| Total Bonds, floating rate | 75 836 682.73 | 23.85 |
| Treasury notes, fixed rate |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF 0.12500% 20-15.04.25	900 000.00 | 1 006 645.56 | 0.32 |
| Total USD | 1 006 645.56 | 0.32 |
| Total Treasury notes, fixed rate | 1 006 645.56 | 0.32 |
| Treasury notes, floating rate |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF 2.000%/CPI LINKED 06-15.01.26	1 775 000.00 | 2 820 601.76 | 0.89 |
| USD	AMERICA, UNITED STATES OF 0.875%/CPI LINKED 17-15.02.47	700 000.00 | 953 888.36 | 0.30 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.07.27	7 300 000.00 | 8 899 204.80 | 2.80 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28	4 900 000.00 | 5 947 057.32 | 1.87 |
| USD	AMERICA, UNITED STATES OF 0.875%/CPI LINKED 19-15.01.29	6 995 000.00 | 8 538 664.77 | 2.68 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 19-15.04.24	3 500 000.00 | 3 997 772.51 | 1.26 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24	1 580 000.00 | 1 948 926.41 | 0.61 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26	14 239 000.00 | 17 830 611.53 | 5.61 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.07.26	3 833 000.00 | 4 688 389.50 | 1.47 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23	3 900 000.00 | 4 697 078.44 | 1.48 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27	7 500 000.00 | 9 195 363.87 | 2.89 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI INDEX 14-15.07.24	3 700 000.00 | 4 487 256.11 | 1.41 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25	5 665 000.00 | 7 030 196.27 | 2.21 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28	5 000 000.00 | 6 092 663.84 | 1.91 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.01.30	8 260 000.00 | 9 353 503.00 | 2.94 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.07.30	7 100 000.00 | 8 098 410.84 | 2.55 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI IDX LKND 20-15.10.25	4 500 000.00 | 5 055 314.50 | 1.59 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 21-15.01.31	5 030 000.00 | 5 616 467.10 | 1.77 |
| Total USD | 115 251 370.93 | 36.24 |
| Total Treasury notes, floating rate | 115 251 370.93 | 36.24 |
| Total Transferable securities and money market instruments listed on an official stock exchange | 244 636 108.44 | 76.93 |
| Transferable securities and money market instruments traded on another regulated market |  |  |
| Mortgage Backed Securities, fixed rate |  |  |
| USD |  |  |
| USD	MSBAM LYNCH TRUST-SUB 3.99400% 16-01.12.49	150 000.00 | 165 244.26 | 0.05 |
| Total USD | 165 244.26 | 0.05 |
| Total Mortgage Backed Securities, fixed rate | 165 244.26 | 0.05 |
| Mortgage Backed Securities, floating rate |  |  |
| USD |  |  |
| USD	AVENTURA MALL TRUST-144A FLR 18-01.07.40	400 000.00 | 450 936.24 | 0.14 |
| USD	BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34	350 000.00 | 349 117.23 | 0.11 |
| USD	BANK 2017-BNK9 VAR 17-01.11.54	300 000.00 | 333 090.72 | 0.11 |
| USD	BBCMS TRUST CBM-144A 1M LIBOR+119.1098BP 18-15.07.37	350 000.00 | 348 241.11 | 0.11 |
| USD	BENCHMARK MORTGAGE TRUST VAR 18-01.02.51	150 000.00 | 169 053.52 | 0.05 |
| USD	CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+145BP 19-15.12.37	125 000.00 | 125 155.45 | 0.04 |
| USD	CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37	270 000.00 | 270 239.76 | 0.09 |
| USD	CORE TRUST CORE-144A 1M LIBOR+110BP 19-15.12.31	190 000.00 | 151 954.04 | 0.05 |
| USD	GS MORTGAGE SECURITIES TRUST-144A VAR 17-01.01.43	1 225 000.00 | 1 349 678.79 | 0.42 |
| USD	JPMCC COMMERCIAL MORTGAGE SEC TRUST VAR 17-01.09.50	550 000.00 | 574 168.38 | 0.18 |
| Total USD | 4 121 635.24 | 1.30 |
| Total Mortgage Backed Securities, floating rate | 4 121 635.24 | 1.30 |
| Notes, fixed rate |  |  |
| USD |  |  |
| USD	AVOLON HOLDINGS FUNDING LTD-144A 2.12500% 21-21.02.26	105 000.00 | 103 031.25 | 0.03 |
| USD	CCO HOLDINGS LLC/CAPITAL CORP-144A 5.50000% 16-01.05.26	160 000.00 | 165 392.00 | 0.05 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 7.12500% 16-15.06.24	210 000.00 | 214 200.00 | 0.07 |
| USD	ENLINK MIDSTREAM PARTNERS LP 4.40000% 14-01.04.24	75 000.00 | 77 856.00 | 0.03 |
| USD	MPLX LP 4.25000% 20-01.12.27	40 000.00 | 45 280.76 | 0.01 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 2.05000% 21-15.04.26	250 000.00 | 251 176.50 | 0.08 |
| Total USD | 856 936.51 | 0.27 |
| Total Notes, fixed rate | 856 936.51 | 0.27 |
| Bonds, fixed rate |  |  |
| RUB |  |  |
| RUB	RUSSIA, FEDERATION OF 7.65000% 19-10.04.30	252 000 000.00 | 3 590 643.98 | 1.13 |
| Total RUB | 3 590 643.98 | 1.13 |
| Total Bonds, fixed rate | 3 590 643.98 | 1.13 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Annual report and audited financial statements as of 31 May 2021
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bonds, floating rate |  |  |  |
| JPY |  |  |  |
| JPY	JAPAN 0.100%/CPI LINKED 13-10.09.23 | 171 000 000.00 | 1 662 636.77 | 0.52 |
| JPY	JAPAN 0.100%/CPI LINKED 16-10.03.26 | 400 000 000.00 | 3 783 744.57 | 1.19 |
| JPY	JAPAN 0.100%/CPI LINKED 18-10.03.28 | 170 000 000.00 | 1 605 581.43 | 0.51 |
| JPY	JAPAN 0.100%/CPI LINKED 19-10.03.29 | 857 000 000.00 | 8 057 818.87 | 2.53 |
| JPY	JAPAN 0.200%/CPI LINKED 20-10.03.30 | 186 000 000.00 | 1 761 197.75 | 0.55 |
| Total JPY |  | 16 870 979.39 | 5.30 |
| NZD |  |  |  |
| NZD	NEW ZEALAND 2.500%/CPI LINKED 17-20.09.40 | 7 560 000.00 | 7 532 226.37 | 2.37 |
| NZD	NEW ZEALAND 3.000%/CPI LINKED 13-20.09.30 | 10 155 000.00 | 10 488 961.39 | 3.30 |
| Total NZD |  | 18 021 187.76 | 5.67 |
| Total Bonds, floating rate |  | 34 892 167.15 | 10.97 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 1.750%/CPI LINKED 08-15.01.28 | 2 000 000.00 | 3 082 637.30 | 0.97 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 4 726 000.00 | 5 778 540.13 | 1.82 |
| Total USD |  | 8 861 177.43 | 2.79 |
| Total Treasury notes, floating rate |  | 8 861 177.43 | 2.79 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 52 487 804.57 | 16.51 |
| Recently issued transferable securities and money market instruments |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	BROADCOM INC-144A 1.95000% 21-15.02.28 | 130 000.00 | 128 817.51 | 0.04 |
| USD	BROADCOM INC-144A 2.60000% 21-15.02.33 | 465 000.00 | 442 740.24 | 0.14 |
| Total USD |  | 571 557.75 | 0.18 |
| Total Notes, fixed rate | 571 557.75 | 0.18 |
| Total Recently issued transferable securities and money market instruments | 571 557.75 | 0.18 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Luxembourg |  |  |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC	100.00 | 17 372.63 | 0.00 |
| Total Luxembourg | 17 372.63 | 0.00 |
| Total Investment funds, open end | 17 372.63 | 0.00 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 17 372.63 | 0.00 |
| Total investments in securities | 297 712 843.39 | 93.62 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange |
| Financial Futures on bonds |
|  |  |  |  |
| EUR	EURO BTP ITALY GOVERMENT FUTURE 08.06.21 | -20.00 | 17 606.16 | 0.01 |
| EUR	EURO-BUND FUTURE 08.06.21 | 18.00 | -27 803.06 | -0.01 |
| EUR	EURO-BOBL FUTURE 08.06.21 | 20.00 | -4 646.07 | 0.00 |
| EUR	EURO-BUXL FUTURE 08.06.21 | -8.00 | 60 252.19 | 0.02 |
| EUR	EURO-OAT FUTURE 08.06.21 | 20.00 | -35 701.38 | -0.01 |
| GBP	LONG GILT FUTURE 28.09.21 | 11.00 | -625.46 | 0.00 |
| AUD	AUSTRALIA 10YR BOND FUTURE 15.06.21 | -12.00 | -520.53 | 0.00 |
| JPY	JAPAN GOVERNMENT 10Y BOND (OSE) FUTURE 14.06.21 | 12.00 | 64 719.59 | 0.02 |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.21 | 6.00 | 1 218.75 | 0.00 |
| USD	US LONG BOND FUTURE 21.09.21 | -4.00 | 2 500.00 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.21 | -30.00 | 10 281.25 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.21 | 50.00 | -0.05 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.21 | 50.00 | -1 171.85 | 0.00 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 21.09.21 | -19.00 | 12 218.75 | 0.00 |
| Total Financial Futures on bonds |  | 98 328.29 | 0.03 |
| Total Derivative instruments listed on an official stock exchange |  | 98 328.29 | 0.03 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
Annual report and audited financial statements as of 31 May 2021
| Description | Quantity/ | Valuation in USD | 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
Swaps and forward swaps on interest rates
| USD USD | LCH/INTEREST RATE SWAP PAYER 2.24100% 17-08.08.27 LCH/INTEREST RATE SWAP REC 3ML 17-08.08.27 | -3 500 000.00 | -267 433.74 | -0.08 |
| --- | --- | --- | --- | --- |
| USD | LCH/INTEREST RATE SWAP PAYER 1.89660% 17-20.09.22 | -3 400 000.00 | -88 210.34 | -0.03 |
| USD | LCH/INTEREST RATE SWAP REC 3ML 17-20.09.22 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAYER 1.58300% 24-24.09.29 | -13 000 000.00 | 380 840.60 | 0.12 |
| NZD | LCH/INTEREST RATE SWAP REC 3MF 24-24.09.29 |  |  |  |
| USD | LCH/INTEREST RATE SWAP PAYER 1.29910% 20-03.03.50 | -600 000.00 | 92 698.01 | 0.03 |
| USD | LCH/INTEREST RATE SWAP REC 3ML 20-03.03.50 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAYER 0.81528% 21-18.02.51 | -600 000.00 | 22 642.62 | 0.01 |
| GBP | LCH/INTEREST RATE SWAP REC 12ML 21-18.02.51 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 2.11600% 20-23.01.30 | -12 000 000.00 | -97 185.90 | -0.03 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-23.01.30 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.91900% 20-10.02.30 | -12 500 000.00 | -41 695.14 | -0.01 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-10.02.30 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.87875% 17-08.08.47 | -130 000 000.00 | -119 870.88 | -0.04 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 17-08.08.47 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.91625% 18-27.02.48 | -75 000 000.00 | -75 499.02 | -0.02 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 18-27.02.48 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.71375% 18-27.12.48 | -340 000 000.00 | -179 077.11 | -0.06 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 18-27.12.48 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.68000% 19-05.03.49 | -190 000 000.00 | -81 378.10 | -0.03 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 19-05.03.49 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.54275% 19-10.04.49 | -85 000 000.00 | -6 969.92 | 0.00 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 19-10.04.49 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAY 0.84167% 21-19.02.51 | -800 000.00 | 22 317.28 | 0.01 |
| GBP | LCH/INTEREST RATE SWAP REC SONIA O/N 21-19.02.51 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAY 0.88544% 21-28.02.51 | -1 300 000.00 | 15 232.47 | 0.00 |
| GBP | LCH/INTEREST RATE SWAP REC SONIA O/N 21-28.02.51 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.20750% 19-27.09.29 | -7 100 000.00 | 244 860.01 | 0.08 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 19-27.09.29 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.67500% 24-30.10.29 | -15 000 000.00 | 402 777.56 | 0.13 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 24-30.10.29 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP PAY 2.80500% 21-02.04.26 | -70 000 000.00 | -45 572.74 | -0.01 |
| CNY | CITI/INTEREST RATE SWAP REC CNRR007 21-02.04.26 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.73300% 21-16.04.31 | -18 000 000.00 | 67 736.94 | 0.02 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 21-16.04.31 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE REC 3.74500% 17-14.08.22 | 70 000 000.00 | 175 035.22 | 0.05 |
| CNY | JPMORGAN/INTEREST RATE PAYER CNRR007 17-14.08.22 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.84500% 18-20.04.28 | 50 000 000.00 | 207 268.19 | 0.06 |
| MXN | CME/INTEREST RATE SWAP PAYER 18-20.04.28 |  |  |  |
| CNY | CITIGROUP/INTEREST RATE SWAP REC 3.03500% 19-23.10.24 | 64 000 000.00 | 134 359.14 | 0.04 |
| CNY | CITIGROUP/INTEREST RATE SWAP PAYER CNRR007 19-23.10.24 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.30000% 20-05.06.25 | 45 000 000.00 | -103 660.04 | -0.03 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAYER CNRR007 20-05.06.25 |  |  |  |
| CNY | HSBC/INTEREST RATE SWAP REC 2.30500% 20-08.06.25 | 30 000 000.00 | -68 406.28 | -0.02 |
| CNY | HSBC/INTEREST RATE SWAP PAYER CNRR007 20-08.06.25 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.23500% 20-10.06.25 | 20 000 000.00 | -55 089.14 | -0.02 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAYER CNRR007 20-10.06.25 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP REC 2.27000% 20-11.06.25 | 20 000 000.00 | -50 370.40 | -0.02 |
| CNY | CITI/INTEREST RATE SWAP PAYER CNRR007 20-11.06.25 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.19500% 20-12.06.25 | 40 000 000.00 | -119 830.20 | -0.04 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAYER CNRR007 20-12.06.25 |  |  |  |
| CAD | LCH/INTEREST RATE SWAP REC 1.83100% 24-19.09.29 | 11 000 000.00 | -196 669.96 | -0.06 |
| CAD | LCH/INTEREST RATE SWAP PAY 3MCAD 24-19.09.29 |  |  |  |
| Total Swaps and forward swaps on interest rates |  | 168 849.13 | 0.05 |
| Credit default swaps* |  |  |  |
|  |  |  |  |
| USD	BOA/MEX CREDIT DEFAULT SWAP PAYER 1.00000% 19-20.06.24 | -1 450 000.00 | -25 453.07 | -0.01 |
| USD	CITIBANK/BRAZIL CREDIT DEFAULT SWAP PAYER 1.00000% 19-20.06.24 | -650 000.00 | 1 461.76 | 0.00 |
| USD	JPMORGAN/BRAZIL CREDIT DEFAULT SWAP PAYER 1.00000% 19-20.06.24 | -650 000.00 | 1 461.76 | 0.00 |
| USD	BOA/TURKEY CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 1 450 000.00 | -117 217.65 | -0.03 |
| USD	CITIBANK/SOAF CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 650 000.00 | -2 999.53 | 0.00 |
| USD	JPMORGAN/SOAF CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 650 000.00 | -2 999.53 | 0.00 |
| Total Credit default swaps |  | -145 746.26 | -0.04 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market |  | 23 102.87 | 0.01 |
| Total Derivative instruments |  | 121 431.16 | 0.04 |
| Forward Foreign Exchange contracts |  |  |  |
| Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |  |

| USD | 2 003 539.28 | CNY | 13 020 000.00 | 4.6.2021 | -42 595.67 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 12 637 484.56 | JPY | 1 375 400 000.00 | 4.6.2021 | 64 600.16 | 0.02 |
| USD | 2 309 425.20 | RUB | 173 650 300.00 | 4.6.2021 | -57 372.63 | -0.02 |
| MYR | 3 623 000.00 | USD | 883 335.37 | 4.6.2021 | -5 005.72 | 0.00 |
| USD | 1 140 144.23 | TWD | 31 700 000.00 | 4.6.2021 | -8 649.30 | 0.00 |
| INR | 79 820 000.00 | USD | 1 072 489.08 | 4.6.2021 | 26 600.41 | 0.01 |
| USD | 2 204 578.26 | PHP | 106 900 000.00 | 4.6.2021 | -36 825.16 | -0.01 |
| IDR | 16 681 100 000.00 | USD | 1 150 817.52 | 4.6.2021 | 17 680.38 | 0.01 |
| USD | 1 816 272.09 | BRL | 9 770 000.00 | 4.6.2021 | -45 209.19 | -0.01 |
| USD | 2 355 495.44 | CLP | 1 654 500 000.00 | 4.6.2021 | 62 970.43 | 0.02 |
| COP | 5 014 615 000.00 | USD | 1 340 000.00 | 4.6.2021 | 12 285.39 | 0.00 |
| USD | 57 023 749.32 | EUR | 47 415 000.00 | 4.6.2021 | -949 464.69 | -0.30 |
| USD | 24 931 005.14 | NZD | 34 845 000.00 | 4.6.2021 | -436 096.79 | -0.14 |
| EUR | 147 664 400.00 | USD | 177 588 900.76 | 4.6.2021 | 2 956 915.19 | 0.93 |
| USD | 7 753 463.01 | ZAR | 112 600 000.00 | 4.6.2021 | -452 242.22 | -0.14 |
| USD | 6 311 745.13 | CAD | 7 770 000.00 | 4.6.2021 | -119 823.91 | -0.04 |

* Positive nominal: the subfund is “Receiver”, negative nominal: the subfund is “Payer”.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Annual report and audited financial statements as of 31 May 2021
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Forward Foreign Exchange contracts (Continued)
Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date
| USD | 11 590 227.52 | GBP | 8 350 000.00 | 4.6.2021 | -279 311.40 | -0.09 |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 50 869 800.00 | USD | 55 694 344.91 | 4.6.2021 | 870 078.41 | 0.27 |
| TRY | 3 225 000.00 | USD | 382 288.00 | 4.6.2021 | -2 083.92 | 0.00 |
| USD | 1 363 144.18 | SEK | 11 520 000.00 | 4.6.2021 | -26 126.88 | -0.01 |
| NOK | 2 130 000.00 | USD | 256 235.87 | 4.6.2021 | -202.35 | 0.00 |
| USD | 2 913 429.23 | AUD | 3 770 000.00 | 4.6.2021 | -4 751.84 | 0.00 |
| USD | 916 114.42 | MXN | 18 610 000.00 | 4.6.2021 | -18 539.34 | -0.01 |
| PLN | 6 775 000.00 | USD | 1 791 218.67 | 4.6.2021 | 58 289.17 | 0.02 |
| USD | 371 259.87 | HUF | 111 150 000.00 | 4.6.2021 | -20 071.38 | -0.01 |
| USD | 716 886.26 | NZD | 995 000.00 | 4.6.2021 | -7 472.08 | 0.00 |
| USD | 1 668 361.58 | EUR | 1 385 000.00 | 4.6.2021 | -25 045.60 | -0.01 |
| EUR | 7 099 700.00 | USD | 8 568 449.73 | 4.6.2021 | 112 187.78 | 0.04 |
| CHF | 1 229 300.00 | USD | 1 354 715.50 | 4.6.2021 | 12 198.57 | 0.00 |
| USD | 229 065.46 | JPY | 25 000 000.00 | 4.6.2021 | 534.04 | 0.00 |
| USD | 517 430.42 | CAD | 630 000.00 | 4.6.2021 | -4 048.15 | 0.00 |
| USD | 343 549.60 | PHP | 16 500 000.00 | 4.6.2021 | -2 410.70 | 0.00 |
| MYR | 2 240 000.00 | USD | 544 945.87 | 4.6.2021 | -1 899.11 | 0.00 |
| JPY | 145 819 300.00 | NOK | 11 000 000.00 | 4.6.2021 | 10 732.79 | 0.00 |
| EUR | 1 904 200.00 | USD | 2 314 808.36 | 4.6.2021 | 13 412.54 | 0.00 |
| EUR | 2 280 200.00 | USD | 2 758 656.65 | 4.6.2021 | 29 290.68 | 0.01 |
| USD | 1 461 565.34 | NZD | 2 020 000.00 | 4.6.2021 | -8 991.29 | 0.00 |
| USD | 1 422 813.55 | JPY | 155 900 000.00 | 4.6.2021 | -2 308.36 | 0.00 |
| CLP | 842 996 000.00 | USD | 1 190 000.00 | 4.6.2021 | -21 919.36 | -0.01 |
| USD | 1 445 000.00 | RUB | 107 103 400.00 | 4.6.2021 | -14 784.95 | 0.00 |
| USD | 3 555 251.76 | GBP | 2 525 000.00 | 4.6.2021 | -34 039.95 | -0.01 |
| JPY | 158 807 142.00 | CAD | 1 755 000.00 | 4.6.2021 | -993.47 | 0.00 |
| ZAR | 58 500 000.00 | USD | 4 116 964.15 | 4.6.2021 | 146 213.08 | 0.05 |
| USD | 1 255 000.00 | MXN | 24 829 547.50 | 4.6.2021 | 7 980.66 | 0.00 |
| EUR | 1 783 300.00 | USD | 2 179 898.79 | 4.6.2021 | 500.50 | 0.00 |
| IDR | 20 988 375 000.00 | USD | 1 455 000.00 | 4.6.2021 | 15 219.12 | 0.00 |
| KRW | 1 646 623 500.00 | USD | 1 455 000.00 | 4.6.2021 | 27 511.89 | 0.01 |
| USD | 1 455 000.00 | PHP | 69 810 900.00 | 4.6.2021 | -8 745.46 | 0.00 |
| USD | 1 089 618.46 | INR | 79 820 000.00 | 4.6.2021 | -9 471.03 | 0.00 |
| USD | 3 235 601.01 | SEK | 27 000 000.00 | 4.6.2021 | -20 503.03 | -0.01 |
| USD | 1 933 598.88 | EUR | 1 585 000.00 | 4.6.2021 | -4 343.63 | 0.00 |
| USD | 705 397.82 | DKK | 4 300 000.00 | 4.6.2021 | -1 507.08 | 0.00 |
| EUR | 2 407 800.00 | USD | 2 940 915.81 | 4.6.2021 | 3 045.06 | 0.00 |
| CLP | 811 504 000.00 | USD | 1 134 019.01 | 4.6.2021 | -9 574.63 | 0.00 |
| USD | 1 349 829.07 | COP | 5 014 615 000.00 | 4.6.2021 | -2 456.32 | 0.00 |
| NOK | 11 930 000.00 | SEK | 11 828 058.15 | 4.6.2021 | 7 606.24 | 0.00 |
| USD | 1 728 220.16 | EUR | 1 415 000.00 | 4.6.2021 | -1 867.32 | 0.00 |
| USD | 856 810.56 | GBP | 605 000.00 | 4.6.2021 | -3 197.95 | 0.00 |
| USD | 481 322.70 | GBP | 340 000.00 | 4.6.2021 | -1 987.87 | 0.00 |
| EUR | 3 174 700.00 | USD | 3 883 286.69 | 4.6.2021 | -1 655.09 | 0.00 |
| USD | 2 634 229.02 | IDR | 37 669 475 000.00 | 4.6.2021 | -4 488.00 | 0.00 |
| IDR | 37 669 500 000.00 | USD | 2 627 066.04 | 6.7.2021 | 8 401.52 | 0.00 |
| USD | 3 919 716.30 | JPY | 428 200 000.00 | 4.6.2021 | 5 430.20 | 0.00 |
| AUD | 495 000.00 | USD | 383 247.22 | 4.6.2021 | -90.82 | 0.00 |
| USD | 773 450.42 | CAD | 935 000.00 | 4.6.2021 | -490.00 | 0.00 |
| USD | 5 042 740.84 | EUR | 4 135 000.00 | 4.6.2021 | -13 027.16 | 0.00 |
| USD | 696 464.01 | ZAR | 9 560 000.00 | 4.6.2021 | -219.31 | 0.00 |
| PLN | 1 060 000.00 | USD | 288 488.36 | 4.6.2021 | 881.13 | 0.00 |
| MXN | 10 790 000.00 | USD | 542 637.34 | 4.6.2021 | -729.01 | 0.00 |
| NOK | 3 470 000.00 | USD | 415 521.86 | 4.6.2021 | 1 584.38 | 0.00 |
| USD | 767 756.20 | SEK | 6 370 000.00 | 4.6.2021 | -443.16 | 0.00 |
| IDR | 8 233 100 000.00 | USD | 574 335.54 | 6.7.2021 | 1 676.03 | 0.00 |
| HUF | 111 150 000.00 | USD | 389 458.17 | 4.6.2021 | 1 873.08 | 0.00 |
| BRL | 9 770 000.00 | USD | 1 846 008.50 | 4.6.2021 | 15 472.78 | 0.00 |
| USD | 1 840 548.59 | BRL | 9 770 000.00 | 6.7.2021 | -15 663.75 | -0.01 |
| USD | 777 315.30 | PHP | 37 350 000.00 | 4.6.2021 | -5 813.02 | 0.00 |
| USD | 8 696 911.81 | EUR | 7 133 900.00 | 4.6.2021 | -25 541.24 | -0.01 |
| USD | 4 812 186.98 | PHP | 230 600 000.00 | 6.7.2021 | -13 806.88 | 0.00 |
| PHP | 230 560 900.00 | USD | 4 825 468.82 | 4.6.2021 | 8 768.68 | 0.00 |
| USD | 1 416 868.05 | MYR | 5 863 000.00 | 4.6.2021 | -4 508.35 | 0.00 |
| MYR | 5 863 000.00 | USD | 1 416 354.63 | 6.7.2021 | 4 148.34 | 0.00 |
| KRW | 1 647 000 000.00 | USD | 1 474 920.97 | 6.7.2021 | 10 355.39 | 0.00 |
| USD | 1 474 504.58 | KRW | 1 646 623 500.00 | 4.6.2021 | -8 007.31 | 0.00 |
| RUB | 280 753 700.00 | USD | 3 817 181.51 | 4.6.2021 | 9 401.27 | 0.00 |
| USD | 3 800 671.45 | RUB | 280 753 700.00 | 6.7.2021 | -9 466.55 | 0.00 |
| USD | 1 146 722.62 | TWD | 31 700 000.00 | 6.7.2021 | -8 454.59 | 0.00 |
| TWD | 31 700 000.00 | USD | 1 142 754.15 | 4.6.2021 | 6 039.38 | 0.00 |
| CNY | 13 020 000.00 | USD | 2 040 912.30 | 4.6.2021 | 5 222.65 | 0.00 |
| USD | 2 037 399.26 | CNY | 13 020 000.00 | 6.7.2021 | -747.96 | 0.00 |
| USD | 1 566 313.63 | NZD | 2 160 000.00 | 4.6.2021 | -6 162.77 | 0.00 |
| Total Forward Foreign Exchange contracts | 1 723 852.62 | 0.54 |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 9 234 014.29* | 2.90 |
| Bank overdraft and other short-term liabilities | -3 963 259.53 | -1.25 |
| Other assets and liabilities | 13 173 097.84 | 4.15 |
| Total net assets | 318 001 979.77 | 100.00 |
| * As at 31 May 2021, cash amounts serve as collateral for the counterparty JP Morgan for an amount of USD 90 000.00. |  |  |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
Annual report and audited financial statements as of 31 May 2021

Translation (ENDE, 2021-05-31):
# UBS (Lux) Bond SICAV – Global Inflation-linked (USD)
| Dreijahresvergleich |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Nettovermögen in USD |  | 318 001 979.77 | 157 652 769.82 | 135 939 223.47 |
| Klasse (CHF hedged) I-A1-acc | LU0455555184 |  |  |  |
| Aktien im Umlauf |  | 69 067.9070 | 66 424.0000 | 77 715.0000 |
| Nettoinventarwert pro Aktie in CHF |  | 111.87 | 105.09 | 102.09 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 111.87 | 105.09 | 102.09 |
| Klasse (CHF hedged) I-A1-dist | LU0455555267 |  |  |  |
| Aktien im Umlauf |  | 119 956.6890 | 121 607.0000 | 118 877.0000 |
| Nettoinventarwert pro Aktie in CHF |  | 103.87 | 98.99 | 97.23 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 103.87 | 98.99 | 97.23 |
| Klasse I-A2-acc 2 | LU0455552322 |  |  |  |
| Aktien im Umlauf |  | - | - | 33 750.0000 |
| Nettoinventarwert pro Aktie in USD |  | - | - | 108.09 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | - | - | 108.09 |
| Klasse I-A3-acc | LU0455552678 |  |  |  |
| Aktien im Umlauf |  | 1 362.0000 | 4 120.0000 | 3 608.0000 |
| Nettoinventarwert pro Aktie in USD |  | 129.61 | 120.09 | 112.97 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 129.61 | 120.09 | 112.97 |
| Klasse (CHF hedged) I-A3-acc | LU0455555697 |  |  |  |
| Aktien im Umlauf |  | 5 000.0000 | 5 000.0000 | 5 000.0000 |
| Nettoinventarwert pro Aktie in CHF |  | 111.54 | 104.67 | 101.59 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 111.54 | 104.67 | 101.59 |
| Klasse (EUR hedged) I-A3-acc | LU0455558790 |  |  |  |
| Aktien im Umlauf |  | 86 861.6490 | 7 925.0000 | 7 090.0000 |
| Nettoinventarwert pro Aktie in EUR |  | 115.58 | 108.19 | 104.60 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 115.58 | 108.19 | 104.60 |
| Klasse (CHF hedged) I-B-acc | LU0455555853 |  |  |  |
| Aktien im Umlauf |  | 49 601.3610 | 41 324.2830 | 41 324.2830 |
| Nettoinventarwert pro Aktie in CHF |  | 117.79 | 110.11 | 106.47 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 117.79 | 110.11 | 106.47 |
| Klasse (EUR hedged) I-X-acc 3 | LU2069292600 |  |  |  |
| Aktien im Umlauf |  | 110 291.0040 | 102 542.0040 | - |
| Nettoinventarwert pro Aktie in EUR |  | 108.26 | 100.88 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 108.26 | 100.88 | - |
| Klasse (EUR hedged) K-1-acc 4 | LU0455557396 |  |  |  |
| Aktien im Umlauf |  | - | 0.7000 | 0.7000 |
| Nettoinventarwert pro Aktie in EUR |  | - | 3 714 533.94 | 3 596 845.34 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | - | 3 714 533.94 | 3 596 845.34 |
| Klasse P-acc | LU0455550201 |  |  |  |
| Aktien im Umlauf |  | 341 095.0690 | 136 644.3630 | 121 017.7720 |
| Nettoinventarwert pro Aktie in USD |  | 144.24 | 134.36 | 127.05 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 144.24 | 134.36 | 127.05 |
| Klasse (CHF hedged) P-acc | LU0455553486 |  |  |  |
| Aktien im Umlauf |  | 196 664.7550 | 203 584.3940 | 206 632.4860 |
| Nettoinventarwert pro Aktie in CHF |  | 121.43 | 114.57 | 111.79 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 121.43 | 114.57 | 111.79 |
| Klasse (EUR hedged) P-acc | LU0455556406 |  |  |  |
| Aktien im Umlauf |  | 687 927.6750 | 280 233.9340 | 351 184.6770 |
| Nettoinventarwert pro Aktie in EUR |  | 128.29 | 120.75 | 117.36 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 128.29 | 120.75 | 117.36 |
| Klasse Q-acc | LU1240775160 |  |  |  |
| Aktien im Umlauf |  | 68 812.5630 | 23 911.9500 | 32 339.5170 |
| Nettoinventarwert pro Aktie in USD |  | 128.14 | 118.87 | 111.96 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 128.14 | 118.87 | 111.96 |
| Klasse (CHF hedged) Q-acc | LU1240774940 |  |  |  |
| Aktien im Umlauf |  | 32 073.6280 | 19 946.0070 | 27 408.0230 |
| Nettoinventarwert pro Aktie in CHF |  | 111.73 | 105.00 | 102.04 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 111.73 | 105.00 | 102.04 |
| Klasse (EUR hedged) Q-acc | LU1240775087 |  |  |  |
| Aktien im Umlauf | 463 677.1210 | 263 145.7200 | 115 035.6570 |
| Nettoinventarwert pro Aktie in EUR | 114.53 | 107.37 | 103.94 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 | 114.53 | 107.37 | 103.94 |
| 1  Siehe Erläuterung 1 2  Die Aktienklasse I-A2-acc war bis zum 24.2.2020 im Umlauf 3  Erste NAV 30.10.2019 4  Die Aktienklasse (EUR hedged) K-1-acc war bis zum 30.7.2020 im Umlauf |  |  |  |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Performance |  |
| --- | --- |
|  | Währung | 2020/2021 | 2019/2020 | 2018/2019 |
| Klasse (CHF hedged) I-A1-acc | CHF | 6.5% | 2.9% | 2.0% |
| Klasse (CHF hedged) I-A1-dist | CHF | 6.5% | 2.9% | 2.0% |
| Klasse I-A2-acc 1 | USD | - | - | 5.4% |
| Klasse I-A3-acc | USD | 7.9% | 6.3% | 5.5% |
| Klasse (CHF hedged) I-A3-acc | CHF | 6.6% | 3.0% | 2.1% |
| Klasse (EUR hedged) I-A3-acc | EUR | 6.8% | 3.4% | 2.4% |
| Klasse (CHF hedged) I-B-acc | CHF | 7.0% | 3.4% | 2.5% |
| Klasse (EUR hedged) I-X-acc | EUR | 7.3% | - | - |
| Klasse (EUR hedged) K-1-acc 2 | EUR | - | 3.3% | - |
| Klasse P-acc | USD | 7.4% | 5.8% | 4.9% |
| Klasse (CHF hedged) P-acc | CHF | 6.0% | 2.5% | 1.6% |
| Klasse (EUR hedged) P-acc | EUR | 6.2% | 2.9% | 1.9% |
| Klasse Q-acc | USD | 7.8% | 6.2% | 5.4% |
| Klasse (CHF hedged) Q-acc | CHF | 6.4% | 2.9% | 2.0% |
| Klasse (EUR hedged) Q-acc | EUR | 6.7% | 3.3% | 2.3% |
| Benchmark: Bloomberg Barclays Global inflation linked 1-10 years (hedged CHF) | CHF | 4.8% | 1.1% | 0.6% |
| Bloomberg Barclays Global inflation linked 1-10 years | USD | 6.1% | 4.0% | 4.1% |
| Bloomberg Barclays Global inflation linked 1-10 years (hedged EUR) | EUR | 5.1% | 1.5% | 1.0% |

1 
Die Aktienklasse I-A2-acc war bis zum 24.2.2020 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2020 vor.
2 
Die Aktienklasse (EUR hedged) K-1-acc war bis zum 30.7.2020 im Umlauf. Auf Grund der Neulancierung 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.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Bericht des Portfolio Managers
Das Geschäftsjahr vom 1. Juni 2020 bis zum 31. Mai 2021 war zum grössten Teil von den Auswirkungen der expan- siven Geldpolitik geprägt, mit der die Zentralbanken nach wie vor versuchten, die Weltwirtschaft zu stützen, während die Pandemie allmählich überwunden wurde. Besonders gut entwickelten sich die Unternehmensanlei- hen, da die Kreditrisikoprämien sich auf die Tiefststände nach der Finanzkrise verengten. An den Märkten für Staatsanleihen begannen die Anleger sich mit den Aus- wirkungen der expansiven Geldpolitik zu befassen. Als dann Anfang 2021 weltweit die Impfprogramme anlie- fen, kam Besorgnis über eine steigende Inflation auf. Dies führte dazu, dass der Markt ein Überschiessen der Inflation und eine frühere, als kommunizierte Drosselung der quantitativen Lockerung eingepreist hat, da die Ren- diten von Staatsanleihen kräftig gestiegen sind.
Der Teilfonds erzielte im Geschäftsjahr eine positive Per- formance, sowohl absolut als auch im Vergleich zum Referenzindex Bloomberg Barclays Global Inflation lin- ked 1-10 years (in USD abgesichert). Im Rahmen des Durationsmanagements hielten wir eine übergewichtete Duration an Märkten wie den USA und China, was die Performance minderte. Untergewichtungen in Märkten wie dem Vereinigten Königreich und Polen trugen dage- gen positiv zur Wertentwicklung bei. Unser ausserhalb der Benchmark liegendes Engagement in Kreditsektoren war ebenfalls vorteilhaft, da sich die Kreditrisikoprämien im Berichtszeitraum verengten. Im Währungsbereich zahlte sich unsere Präferenz für Währungen der Schwel- lenländer aus, da sich diese von den Turbulenzen aus dem 1. Quartal 2020 erholten. Allgemein erwarten wir, dass die Renditen von Staatsanleihen in etwa auf ihren aktuellen Niveaus verharren. Daher ziehen wir es vor, Duration in Ländern zu halten, die attraktive Ren- ditevorteile bieten und in denen die Zentralbanken eine expansive Geldpolitik verfolgen, um die Inflation auf ihre mittelfristigen Ziele anzuheben. Ergänzend dazu halten wir Unternehmensanleihen, die weiterhin von verschie- denen Anleihenkaufprogrammen von Zentralbanken profitieren sollten. Dabei gehen wir jedoch vorsichtig und selektiv vor.

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Vereinigte Staaten | 41.95 |
| --- | --- |
| Frankreich | 7.96 |
| Neuseeland | 7.91 |
| Italien | 7.53 |
| Japan | 6.17 |
| Grossbritannien | 4.49 |
| Spanien | 2.62 |
| Mexiko | 2.25 |
| Australien | 1.40 |
| Schweden | 1.27 |
| Russische Föderation (GUS) | 1.13 |
| Südafrika | 0.81 |
| Deutschland | 0.77 |
| Luxemburg | 0.71 |
| Brasilien | 0.71 |
| China | 0.69 |
| Niederlande | 0.60 |
| Cayman-Inseln | 0.37 |
| Rumänien | 0.35 |
| Griechenland | 0.32 |
| Ukraine | 0.28 |
| Indien | 0.27 |
| Dänemark | 0.23 |
| Türkei | 0.22 |
| Irland | 0.20 |
| Indonesien | 0.18 |
| Costa Rica | 0.17 |
| Schweiz | 0.16 |
| Peru | 0.16 |
| Thailand | 0.15 |
| Kolumbien | 0.15 |
| Saudiarabia | 0.14 |
| Bermuda | 0.14 |
| Venezuela | 0.12 |
| Finnland | 0.12 |
| Kasachstan | 0.12 |
| Argentinien | 0.11 |
| Uruguay | 0.09 |
| Ägypten | 0.08 |
| Kanada | 0.08 |
| Malaysia | 0.08 |
| Mongolei | 0.07 |
| Chile | 0.07 |
| Hongkong | 0.07 |
| Oman | 0.06 |
| Jersey | 0.05 |
| Ecuador | 0.04 |
| Total | 93.62 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Länder- & Zentralregierungen | 83.08 |
| --- | --- |
| Finanz- & Beteiligungsgesellschaften | 2.59 |
| Banken & Kreditinstitute | 1.26 |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 1.10 |
| Telekommunikation | 0.99 |
| Verkehr & Transport | 0.82 |
| Erdöl | 0.80 |
| Immobilien | 0.46 |
| Versicherungen | 0.44 |
| Detailhandel, Warenhäuser | 0.34 |
| Internet, Software & IT-Dienste | 0.29 |
| Diverse nicht klassierte Gesellschaften | 0.25 |
| Energie- & Wasserversorgung | 0.24 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 0.20 |
| Computer & Netzwerkausrüster | 0.18 |
| Supranationale Organisationen | 0.12 |
| Gesundheits- & Sozialwesen | 0.11 |
| Diverse Dienstleistungen | 0.10 |
| Elektrische Geräte & Komponenten | 0.07 |
| Chemie | 0.06 |
| Maschinen & Apparate | 0.04 |
| Verpackungsindustrie | 0.04 |
| Nahrungsmittel & Softdrinks | 0.02 |
| Tabak & alkoholische Getränke | 0.02 |
| Total | 93.62 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Nettovermögensaufstellung
Aktiva	31.5.2021
USD
Wertpapierbestand, Einstandswert	279 391 583.88
Wertpapierbestand, nicht realisierte Werterhöhung (-minderung)		18 321 259.51	
Total Wertpapierbestand (Erläuterung 1)	297 712 843.39
Bankguthaben, Sicht- und Fristgelder	7 557 026.62*
Andere liquide Mittel (Margins)	1 676 987.67
Forderungen aus Wertpapierverkäufen (Erläuterung 1)	6 156.00
Forderungen aus Zeichnungen	21 138 877.72
Zinsforderungen aus Wertpapieren	1 254 979.55
Zinsforderungen aus liquiden Mitteln	307.81
Sonstige Forderungen	81 175.24
Nicht realisierter Kursgewinn aus Finanzterminkontrakten (Erläuterung 1)	98 328.29
Nicht realisierter Kursgewinn aus Devisenterminkontrakten (Erläuterung 1)	1 723 852.62
Total Aktiva	331 273 637.78
Passiva
Nicht realisierter Kursgewinn aus Swaps (Erläuterung 1)	23 102.87
Kontokorrentkredit	-3 963 259.53
Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1)	-8 584 804.05
Verbindlichkeiten aus Rücknahmen	-418 626.08
Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2)	-264 822.89
Rückstellungen für Abonnementsabgabe (Erläuterung 3)	-22 849.76
Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2)		-17 295.70		 Total Rückstellungen für Aufwendungen			-304 968.35
Total Passiva	-13 271 658.01
Nettovermögen am Ende des Geschäftsjahres	318 001 979.77

## Ertrags- und Aufwandsrechnung
Erträge	1.6.2020-31.5.2021
USD
Zinsertrag auf liquide Mittel	30 887.37
Zinsen auf Wertpapiere	3 419 140.98
Zinsertrag auf Swaps (Erläuterung 1)	1 446 274.81
Erträge aus Securities Lending (Erläuterung 16)	72 040.20
Total Erträge	5 280 358.84
Aufwendungen
Sonstige Erträge (Erläuterung 4)	312 015.48
Zinsaufwand auf Swaps (Erläuterung 1)	-1 411 423.22
Pauschale Verwaltungskommission (Erläuterung 2)	-1 428 606.34
Abonnementsabgabe (Erläuterung 3)	-93 924.36
Kosten aus Securities Lending (Erläuterung 16)	-28 816.08
Sonstige Kommissionen und Gebühren (Erläuterung 2)	-16 963.24
Nettoerträge (-verluste) aus Anlagen	2 258 981.06
Total Aufwendungen	-3 021 377.78
Zinsaufwand auf liquide Mittel und Kontokorrentkredit	-41 644.54
Realisierte Gewinne (Verluste) (Erläuterung 1)
Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen	2 572 517.58
Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten	-273 224.22
Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten	4 471 509.43
Realisierter Kursgewinn (-verlust) aus Swaps	2 516 517.07
Total der realisierten Gewinne (Verluste)	7 380 862.94
Realisierter Nettogewinn (-verlust) des Geschäftsjahres	9 639 844.00
Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1)
Realisierter Währungsgewinn (-verlust)	-1 906 456.92
Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen	14 324 765.74
Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente	12 980.92
Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten	279 344.81
Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten	1 440 040.37
Total der Veränderungen der nicht realisierten Werterhöhung (-minderung)	16 050 320.45
Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit	25 690 164.45
Nicht realisierte Werterhöhung (-minderung) von Swaps	-6 811.39
* Zum 31. Mai 2021 wurden gegenüber JP Morgan Bankguthaben in Höhe von USD 90 000.00 als Sicherheit eingesetzt.
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Veränderung des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Nettovermögen zu Beginn des Geschäftsjahres | 157 652 769.82 |
| Zeichnungen | 206 835 601.63 |
| Rücknahmen | 	-71 987 225.13	 |
| Total Mittelzufluss (-abfluss) | 134 848 376.50 |
| Ausbezahlte Dividende | -189 331.00 |
| Nettoerträge (-verluste) aus Anlagen | 2 258 981.06 |
| Total der realisierten Gewinne (Verluste) | 7 380 862.94 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	16 050 320.45	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 25 690 164.45 |
| Nettovermögen am Ende des Geschäftsjahres | 318 001 979.77 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2020-31.5.2021 |
| Klasse | (CHF hedged) I-A1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 66 424.0000 |
| Anzahl der ausgegebenen Aktien | 6 725.9070 |
| Anzahl der zurückgegebenen Aktien | -4 082.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 69 067.9070 |
| Klasse | (CHF hedged) I-A1-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 121 607.0000 |
| Anzahl der ausgegebenen Aktien | 7 114.6890 |
| Anzahl der zurückgegebenen Aktien | -8 765.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 119 956.6890 |
| Klasse | I-A3-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 4 120.0000 |
| Anzahl der ausgegebenen Aktien | 705.0000 |
| Anzahl der zurückgegebenen Aktien | -3 463.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 362.0000 |
| Klasse | (CHF hedged) I-A3-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 5 000.0000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 5 000.0000 |
| Klasse | (EUR hedged) I-A3-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 7 925.0000 |
| Anzahl der ausgegebenen Aktien | 83 340.9250 |
| Anzahl der zurückgegebenen Aktien | -4 404.2760 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 86 861.6490 |
| Klasse | (CHF hedged) I-B-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 41 324.2830 |
| Anzahl der ausgegebenen Aktien | 11 094.8440 |
| Anzahl der zurückgegebenen Aktien | -2 817.7660 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 49 601.3610 |
| Klasse | (EUR hedged) I-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 102 542.0040 |
| Anzahl der ausgegebenen Aktien | 10 357.0000 |
| Anzahl der zurückgegebenen Aktien | -2 608.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 110 291.0040 |
| Klasse | (EUR hedged) K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 0.7000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -0.7000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 136 644.3630 |
| Anzahl der ausgegebenen Aktien | 254 080.8000 |
| Anzahl der zurückgegebenen Aktien | -49 630.0940 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 341 095.0690 |
| Klasse | (CHF hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 203 584.3940 |
| Anzahl der ausgegebenen Aktien | 14 489.1430 |
| Anzahl der zurückgegebenen Aktien | -21 408.7820 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 196 664.7550 |
| Klasse | (EUR hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 280 233.9340 |
| Anzahl der ausgegebenen Aktien | 606 217.7800 |
| Anzahl der zurückgegebenen Aktien | -198 524.0390 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 687 927.6750 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 23 911.9500 |
| Anzahl der ausgegebenen Aktien | 46 663.3090 |
| Anzahl der zurückgegebenen Aktien | -1 762.6960 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 68 812.5630 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Klasse | (CHF hedged) Q-acc |
| --- | --- |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 19 946.0070 |
| Anzahl der ausgegebenen Aktien | 18 095.3320 |
| Anzahl der zurückgegebenen Aktien | -5 967.7110 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 32 073.6280 |
| Klasse | (EUR hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 263 145.7200 |
| Anzahl der ausgegebenen Aktien | 392 436.0640 |
| Anzahl der zurückgegebenen Aktien | -191 904.6630 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 463 677.1210 |

| Jährliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Bond SICAV – Global Inflation-linked (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| (CHF hedged) I-A1-dist 1  Siehe Erläuterung 5 | 3.8.2020 | 6.8.2020 | CHF | 1.45 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 31. Mai 2021
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Notes, fester Zins |  |  |  |
| BRL |  |  |  |
| BRL	BRAZIL, FEDERATIVE REPUBLIC OF 10.00000% 16-01.01.27 | 9 300.00 | 1 881 858.55 | 0.59 |
| Total BRL |  | 1 881 858.55 | 0.59 |
| EUR |  |  |  |
| EUR	ALTICE FRANCE HOLDING SA-REG-S 8.00000% 19-15.05.27 | 100 000.00 | 131 553.71 | 0.04 |
| EUR	ALTICE FRANCE-REG-S 5.87500% 18-01.02.27 | 200 000.00 | 260 274.80 | 0.08 |
| EUR	ARDAGH PACKAGING FINANCE/MP-REG-S 2.12500% 19-15.08.26 | 100 000.00 | 121 947.11 | 0.04 |
| EUR	CHINA, PEOPLE’S REPUBLIC OF-REG-S 1.00000% 19-12.11.39 | 490 000.00 | 587 228.87 | 0.19 |
| EUR	LOXAM SAS-REG-S 3.75000% 19-15.07.26 | 100 000.00 | 124 429.09 | 0.04 |
| EUR	SOFTBANK GROUP CORP-REG-S 5.00000% 18-15.04.28 | 100 000.00 | 138 846.48 | 0.04 |
| EUR	TELE COLUMBUS AG-REG-S 3.87500% 18-02.05.25 | 300 000.00 | 374 367.85 | 0.12 |
| EUR	TRITAX EUROBOX PLC-REG-S 0.95000% 21-02.06.26 | 160 000.00 | 194 482.97 | 0.06 |
| EUR	UKRAINE, GOVERNMENT OF-REG-S 4.37500% 20-27.01.30 | 400 000.00 | 457 515.63 | 0.14 |
| EUR	VANTAGE TOWERS AG-REG-S 0.37500% 21-31.03.27 | 200 000.00 | 242 818.29 | 0.08 |
| Total EUR |  | 2 633 464.80 | 0.83 |
| GBP |  |  |  |
| GBP	CPUK FINANCE LTD-REG-S 4.50000% 21-28.08.27 | 110 000.00 | 157 214.50 | 0.05 |
| Total GBP |  | 157 214.50 | 0.05 |
| USD |  |  |  |
| USD	ABBVIE INC 4.25000% 18-14.11.28 | 70 000.00 | 80 619.12 | 0.03 |
| USD	ABBVIE INC 4.87500% 18-14.11.48 | 50 000.00 | 62 318.52 | 0.02 |
| USD	ALTRIA GROUP INC 4.40000% 19-14.02.26 | 34 000.00 | 38 603.63 | 0.01 |
| USD	ALTRIA GROUP INC 4.80000% 19-14.02.29 | 10 000.00 | 11 450.19 | 0.00 |
| USD	APT PIPELINES LTD-REG-S 4.20000% 15-23.03.25 | 100 000.00 | 109 941.22 | 0.03 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.07.35 | 291 000.00 | 95 720.81 | 0.03 |
| USD	ARGENTINA, REPUBLIC OF STEP-UP 20-09.01.38 | 140 203.00 | 55 275.04 | 0.02 |
| USD	ARGENTINA, REPUBLIC OF 1.00000% 20-09.07.29 | 20 992.00 | 8 144.89 | 0.00 |
| USD	AT&T INC 4.35000% 19-01.03.29 | 100 000.00 | 114 379.62 | 0.04 |
| USD	AT&T INC 4.75000% 15-15.05.46 | 75 000.00 | 87 621.05 | 0.03 |
| USD	CHILE, REPUBLIC OF 3.86000% 17-21.06.47 | 200 000.00 | 213 725.00 | 0.07 |
| USD	CIGNA CORP 4.37500% 19-15.10.28 | 85 000.00 | 98 073.69 | 0.03 |
| USD	CITIGROUP INC 4.65000% 18-23.07.48 | 135 000.00 | 168 920.78 | 0.05 |
| USD	CNOOC PETROLEUM NORTH AMERICA ULC 6.40000% 07-15.05.37 | 200 000.00 | 262 162.50 | 0.08 |
| USD	CONAGRA BRANDS INC 5.40000% 18-01.11.48 | 50 000.00 | 64 451.88 | 0.02 |
| USD	COSTA RICA, REPUBLIC OF-REG-S 7.15800% 15-12.03.45 | 500 000.00 | 526 031.25 | 0.17 |
| USD	CVS HEALTH CORP 4.30000% 18-25.03.28 | 65 000.00 | 74 482.01 | 0.02 |
| USD	ECUADOR GOVT INTERNATIONAL BD-REG-S STEP-UP/DOWN 20-31.07.35 | 99 060.00 | 69 218.18 | 0.02 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 0.50000% 20-31.07.30 | 37 800.00 | 32 697.00 | 0.01 |
| USD	ECUADOR, REPUBLIC OF-REG-S STEP-UP 20-31.07.40 | 45 400.00 | 28 729.68 | 0.01 |
| USD	ENABLE MIDSTREAM PARTNERS LP 3.90000% 15-15.05.24 | 100 000.00 | 107 001.02 | 0.03 |
| USD	ENERGY TRANSFER LP 4.50000% 19-15.04.24 | 100 000.00 | 109 577.08 | 0.03 |
| USD	ENERGY TRANSFER LP 6.00000% 18-15.06.48 | 60 000.00 | 72 606.71 | 0.02 |
| USD	EQT CORP 3.90000% 17-01.10.27 | 210 000.00 | 224 259.00 | 0.07 |
| USD	INDONESIA, REPUBLIC OF-REG-S 5.25000% 12-17.01.42 | 300 000.00 | 365 212.50 | 0.12 |
| USD	MEITUAN DIANPING-REG-S 3.05000% 20-28.10.30 | 700 000.00 | 676 396.00 | 0.21 |
| USD	OMAN GOVT INTERNATIONAL BOND-REG-S 6.75000% 18-17.01.48 | 200 000.00 | 194 850.00 | 0.06 |
| USD	ORBIA ADVANCE CORP SAB DE CV-REG-S 1.87500% 21-11.05.26 | 800 000.00 | 801 640.00 | 0.25 |
| USD	PEGASUS HAVA TASIMACILIGI AS-REG-S 9.25000% 21-30.04.26 | 260 000.00 | 267 150.00 | 0.08 |
| USD	PETROBRAS GLOBAL FINANCE BV1 5.09300% 20-15.01.30 | 400 000.00 | 428 400.00 | 0.14 |
| USD	PETROLEOS MEXICANOS 6.84000% 20-23.01.30 | 400 000.00 | 413 556.00 | 0.13 |
| USD	PHILLIPS 66 PARTNERS LP 4.68000% 15-15.02.45 | 75 000.00 | 82 711.60 | 0.03 |
| USD	SANTOS FINANCE LTD-REG-S 3.64900% 21-29.04.31 | 300 000.00 | 301 365.09 | 0.10 |
| USD	SHIMAO PROPERTY HOLDINGS LTD-REG-S 3.45000% 21-11.01.31 | 200 000.00 | 189 250.00 | 0.06 |
| USD	SPRINT CORP 7.87500% 14-15.09.23 | 200 000.00 | 226 622.00 | 0.07 |
| USD	TEVA PHARMACEUTICAL FINANCE NL III BV 2.80000% 16-21.07.23 | 180 000.00 | 178 425.00 | 0.06 |
| USD	TURKEY, REPUBLIC OF 6.87500% 06-17.03.36 | 450 000.00 | 446 428.12 | 0.14 |
| USD	UKRAINE, GOVERNMENT OF-REG-S 7.37500% 17-25.09.32 | 400 000.00 | 424 450.00 | 0.13 |
| USD	URUGUAY, REPUBLIC OF 4.12500% 12-20.11.45 | 250 000.00 | 286 687.50 | 0.09 |
| USD	VEB FINANCE PLC-REG-S LPN 5.94200% 13-21.11.23 | 200 000.00 | 218 600.00 | 0.07 |
| USD	VERIZON COMMUNICATIONS INC 2.10000% 21-22.03.28 | 555 000.00 | 562 288.41 | 0.18 |
| USD	VISTRA OPERATIONS CO LLC-144A 4.37500% 21-01.05.29 | 85 000.00 | 85 495.97 | 0.03 |
| USD	YPF SA-REG-S 6.95000% 17-21.07.27 | 160 000.00 | 104 330.00 | 0.03 |
| USD	YPF SA-REG-S 7.00000% 17-15.12.47 | 170 000.00 | 101 128.75 | 0.03 |
| Total USD |  | 9 070 996.81 | 2.85 |
| Total Notes, fester Zins |  | 13 743 534.66 | 4.32 |
| Notes, Nullcoupon |  |  |  |
| USD |  |  |  |
| USD	ECUADOR, REPUBLIC OF-REG-S 0.00000% 20-31.07.30 | 12 974.00 | 7 301.93 | 0.00 |
| Total USD |  | 7 301.93 | 0.00 |
| Total Notes, Nullcoupon |  | 7 301.93 | 0.00 |
| Notes, variabler Zins |  |  |  |
| EUR |  |  |  |
| EUR	ABANCA CORP BANCARIA SA-REG-S-SUB VAR 21-PRP | 200 000.00 | 257 062.16 | 0.08 |
| EUR	ITALY, REPUBLIC OF-144A-REG-S 2.350%/CPI LINKED 14-15.09.24 | 3 120 000.00 | 4 577 597.33 | 1.44 |
| EUR	RAKUTEN GROUP INC-REG-S-SUB 4.250%VAR 21-PRP | 405 000.00 | 506 061.53 | 0.16 |
| EUR	WINTERSHALL DEA FINANCE 2BV-REG-S-SUB 3.000%/VAR 21-PRP | 300 000.00 | 357 757.17 | 0.11 |
| Total EUR |  | 5 698 478.19 | 1.79 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| GBP |  |  |  |  |
| GBP | NATWEST GROUP PLC-REG-S-SUB 3.622%/VAR 20-14.08.30 | 200 000.00 | 303 110.42 | 0.10 |
| Total GBP |  |  | 303 110.42 | 0.10 |
| USD |  |  |  |  |
| USD | ALLIANZ SE-REG-S-SUB 3.500%/VAR 20-PRP | 200 000.00 | 205 124.00 | 0.06 |
| Total USD |  |  | 205 124.00 | 0.06 |
| Total Notes, variabler Zins |  | 6 206 712.61 | 1.95 |
| Medium-Term Notes, fester Zins |  |  |  |
| AUD |  |  |  |
| AUD	CORPORACION ANDINA DE FOMENTO 4.50000% 15-05.06.25 | 450 000.00 | 379 535.68 | 0.12 |
| Total AUD |  | 379 535.68 | 0.12 |
| EUR |  |  |  |
| EUR	ABERTIS INFRAESTRUCTURAS SA-REG-S 2.37500% 19-27.09.27 | 100 000.00 | 134 410.81 | 0.04 |
| EUR	AEROPORTI DI ROMA SPA-REG-S 1.75000% 21-30.07.31 | 215 000.00 | 261 314.89 | 0.08 |
| EUR	AROUNDTOWN SA-REG-S 2.00000% 18-02.11.26 | 200 000.00 | 262 777.81 | 0.09 |
| EUR	ASTRAZENECA PLC-REG-S 0.37500% 21-03.06.29 | 205 000.00 | 249 254.69 | 0.08 |
| EUR	BANCO DE SABADELL SA-REG-S-SUB 2.50000% 21-15.04.31 | 200 000.00 | 245 082.64 | 0.08 |
| EUR	CELLNEX FINANCE CO SA-REG-S 1.50000% 21-08.06.28 | 600 000.00 | 729 349.85 | 0.23 |
| EUR	CNH INDUSTRIAL FINANCE EUROPE SA-REG-S 1.87500% 18-19.01.26 | 100 000.00 | 130 835.78 | 0.04 |
| EUR	GAS NETWORKS IRELAND-REG-S 0.12500% 19-04.12.24 | 110 000.00 | 135 303.29 | 0.04 |
| EUR	KION GROUP AG-REG-S 1.62500% 20-24.09.25 | 100 000.00 | 127 312.10 | 0.04 |
| EUR	ORANO SA 4.87500% 09-23.09.24 | 50 000.00 | 69 154.43 | 0.02 |
| EUR	PPF ARENA 1 BV-REG-S 2.12500% 19-31.01.25 | 350 000.00 | 438 625.68 | 0.14 |
| EUR	REDEXIS GAS FINANCE BV-REG-S 1.87500% 15-27.04.27 | 100 000.00 | 131 385.97 | 0.04 |
| EUR	ROMANIA-REG-S 4.62500% 19-03.04.49 | 500 000.00 | 767 212.88 | 0.24 |
| EUR	RYANAIR DAC-REG-S 0.87500% 21-25.05.26 | 135 000.00 | 165 394.47 | 0.05 |
| EUR	TRATON FINANCE LUXEMBOURG SA-REG-S 1.25000% 21-24.03.33 | 200 000.00 | 243 749.46 | 0.08 |
| EUR	ZF FINANCE GMBH-REG-S 3.00000% 20-21.09.25 | 400 000.00 | 514 491.12 | 0.16 |
| Total EUR |  | 4 605 655.87 | 1.45 |
| GBP |  |  |  |
| GBP	AUTOSTRADE PER L’ITALIA SPA 6.25000% 04-09.06.22 | 300 000.00 | 444 371.14 | 0.14 |
| GBP	PHOENIX GROUP HOLDINGS PLC-REG-S-SUB 4.12500% 17-20.07.22 | 100 000.00 | 147 202.30 | 0.05 |
| Total GBP |  | 591 573.44 | 0.19 |
| USD |  |  |  |
| USD	EGYPT, REPUBLIC OF-REG-S 8.70020% 19-01.03.49 | 250 000.00 | 268 796.87 | 0.08 |
| USD	EXPORT IMPORT BANK OF THAILAND-REG-S 1.45700% 20-15.10.25 | 485 000.00 | 485 780.94 | 0.15 |
| USD	INDIAN RAILWAY FINANCE CORP LTD-REG-S 2.80000% 21-10.02.31 | 410 000.00 | 393 101.48 | 0.12 |
| USD	MEXICO, UNITED STATES OF 4.75000% 12-08.03.44 | 150 000.00 | 163 621.87 | 0.05 |
| USD	MONGOLIA,GOVERNMENT OF-REG-S 8.75000% 17-09.03.24 | 200 000.00 | 228 475.00 | 0.07 |
| USD	MORGAN STANLEY-SUB 4.35000% 14-08.09.26 | 150 000.00 | 170 933.23 | 0.05 |
| USD	PERTAMINA PERSERO PT-REG-S 4.70000% 19-30.07.49 | 200 000.00 | 210 850.00 | 0.07 |
| USD	QTEL INTERNATIONAL FINANCE LTD-REG-S 2.62500% 21-08.04.31 | 200 000.00 | 201 310.00 | 0.06 |
| USD	REC LTD-REG-S 2.25000% 21-01.09.26 | 480 000.00 | 468 849.17 | 0.15 |
| USD	ROMANIA-REG-S 6.12500% 14-22.01.44 | 250 000.00 | 334 343.75 | 0.11 |
| USD	SAUDI ARABIAN OIL CO-REG-S 3.50000% 19-16.04.29 | 200 000.00 | 214 975.00 | 0.07 |
| USD	SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 4.00000% 18-17.04.25 | 215 000.00 | 237 682.50 | 0.08 |
| Total USD |  | 3 378 719.81 | 1.06 |
| Total Medium-Term Notes, fester Zins |  | 8 955 484.80 | 2.82 |
| Medium-Term Notes, Nullcoupon |  |  |  |
| EUR |  |  |  |
| EUR	VOLKSWAGEN LEASING GMBH-REG-S 0.00000% 21-19.07.24 | 300 000.00 | 366 107.63 | 0.12 |
| Total EUR |  | 366 107.63 | 0.12 |
| Total Medium-Term Notes, Nullcoupon |  | 366 107.63 | 0.12 |
| Medium-Term Notes, variabler Zins |  |  |  |
| EUR |  |  |  |
| EUR	AUSNET SERVICES HOLDINGS PT-REG-S-SUB 1.625%/VAR 21-11.03.81 | 150 000.00 | 185 744.98 | 0.06 |
| EUR	AXA SA-REG-S-SUB 3.250%/VAR 18-28.05.49 | 100 000.00 | 139 235.38 | 0.04 |
| EUR	DEUTSCHE BANK AG-REG-S 1.000%/VAR 20-19.11.25 | 200 000.00 | 248 616.10 | 0.08 |
| EUR	DEUTSCHE BANK AG-REG-S 1.750%/VAR 20-19.11.30 | 100 000.00 | 127 138.48 | 0.04 |
| EUR	IBERDROLA INTERNATIONAL BV-REG-S-SUB 2.625%/VAR 18-PRP | 100 000.00 | 129 144.85 | 0.04 |
| EUR	NATWEST GROUP PLC-REG-S 2.000%/VAR 18-04.03.25 | 300 000.00 | 385 723.09 | 0.12 |
| EUR	TOTAL SE-REG-S-SUB 2.125%/VAR 21-PRP | 240 000.00 | 284 559.56 | 0.09 |
| EUR	VIRGIN MONEY UK PLC-REG-S 0.000%/VAR 21-27.05.24 | 260 000.00 | 319 398.97 | 0.10 |
| Total EUR |  | 1 819 561.41 | 0.57 |
| Total Medium-Term Notes, variabler Zins |  | 1 819 561.41 | 0.57 |
| Anleihen, fester Zins |  |  |  |
| CNY |  |  |  |
| CNY	CHINA DEVELOPMENT BANK CORP 3.80000% 16-25.01.36 | 10 000 000.00 | 1 591 048.06 | 0.50 |
| Total CNY |  | 1 591 048.06 | 0.50 |
| EUR |  |  |  |
| EUR	ADLER REAL ESTATE AG-REG-S 3.00000% 18-27.04.26 | 200 000.00 | 253 819.20 | 0.08 |
| EUR	ADO PROPERTIES SA-REG-S 1.50000% 17-26.07.24 | 200 000.00 | 240 697.24 | 0.07 |
| EUR	AUTOSTRADE PER L’ITALIA SPA REG-S 2.00000% 21-15.01.30 | 290 000.00 | 363 737.64 | 0.11 |
| EUR	FINNAIR OYJ-REG-S 4.25000% 21-19.05.25 | 305 000.00 | 379 101.17 | 0.12 |
| EUR	GREECE, HELLENIC REPUBLIC OF-144A-REG-S 1.87500% 19-23.07.26 | 755 000.00 | 1 006 032.12 | 0.32 |
| EUR	INEOS QUATTRO FINANCE 2 PLC-REG-S 2.50000% 21-15.01.26 | 120 000.00 | 147 268.20 | 0.05 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | INTRUM JUSTITIA AB-REG-S 3.12500% 17-15.07.24 | 200 000.00 | 245 801.55 | 0.08 |
| EUR | ITALY BUONI POLIENNALI DEL-REG-S-144A 0.15000% 21-15.05.51 | 500 000.00 | 585 036.18 | 0.18 |
| EUR | MPT OPERATING PARTNERSHIP LP/FIN CORP 3.32500% 17-24.03.25 | 100 000.00 | 131 886.77 | 0.04 |
| EUR | VERISURE HOLDING AB-REG-S 3.25000% 21-15.02.27 | 145 000.00 | 178 425.96 | 0.06 |
| Total EUR |  |  | 3 531 806.03 | 1.11 |
| GBP |  |  |  |  |
| GBP | BELLIS ACQUISITION CO PLC-REG-S 3.25000% 21-16.02.26 | 180 000.00 | 255 848.51 | 0.08 |
| GBP | PREMIER FOODS FINANCE PLC-REG-S 3.50000% 21-15.10.26 | 260 000.00 | 369 590.00 | 0.11 |
| GBP | SCOTTISH WIDOWS PLC-REG-S-SUB 5.50000% 13-16.06.23 | 100 000.00 | 154 619.68 | 0.05 |
| GBP | UNITED KINGDOM OF GREAT BRITAIN-REG-S 0.87500% 19-22.10.29 | 1 850 000.00 | 2 661 120.86 | 0.84 |
| Total GBP |  |  | 3 441 179.05 | 1.08 |
| JPY |  |  |  |  |
| JPY | JAPAN 0.50000% 19-20.03.59 | 180 000 000.00 | 1 535 598.52 | 0.48 |
| Total JPY |  |  | 1 535 598.52 | 0.48 |
| MXN |  |  |  |  |
| MXN | MEXICO, UNITED MEXICAN STATES 7.75000% 11-13.11.42 | 1 083 200.00 | 5 585 610.52 | 1.76 |
| Total MXN |  | 5 585 610.52 | 1.76 |
| USD |  |  |  |  |
| USD | BRAZIL, FEDERATIVE REPUBLIC OF 7.12500% 06-20.01.37 | 300 000.00 | 380 681.25 | 0.12 |
| USD | CNAC HK FINBRIDGE CO LTD-REG-S 4.62500% 18-14.03.23 | 200 000.00 | 208 100.00 | 0.06 |
| USD | COLOMBIA, REPUBLIC OF 6.12500% 09-18.01.41 | 400 000.00 | 464 325.00 | 0.15 |
| USD | COUNTRY GARDEN HOLDINGS CO LTD-REG-S 2.70000% 21-12.07.26 | 200 000.00 | 195 062.50 | 0.06 |
| USD | GAZ CAPITAL SA/GAZPROM-REG-S LPN 7.28800% 07-16.08.37 | 200 000.00 | 277 975.00 | 0.09 |
| USD | HCA INC 5.37500% 15-01.02.25 | 200 000.00 | 223 750.00 | 0.07 |
| USD | KAZAKHSTAN, REPUBLIC OF-REG-S 4.87500% 14-14-10.44 | 300 000.00 | 370 368.75 | 0.12 |
| USD | MALAYSIA WAKALA SUKUK BHD-REG-S 3.07500% 21-28.04.51 | 250 000.00 | 250 733.72 | 0.08 |
| USD | MEXICO CITY AIRPORT TRUST-REG-S 5.50000% 17-31.07.47 | 201 000.00 | 198 849.30 | 0.06 |
| USD | NETFLIX INC 4.37500% 16-15.11.26 | 100 000.00 | 112 779.00 | 0.03 |
| USD | PERU, REPUBLIC OF 2.78300% 20-23.01.31 | 340 000.00 | 340 382.50 | 0.11 |
| USD | PERU, REPUBLIC OF 8.75000% 03-21.11.33 | 100 000.00 | 154 800.00 | 0.05 |
| Total USD |  |  | 3 177 807.02 | 1.00 |
| ZAR |  |  |  |  |
| ZAR | SOUTH AFRICA, REPUBLIC OF 8.75000% 12-28.02.48 | 31 000 000.00 | 1 891 725.74 | 0.59 |
| ZAR | SOUTH AFRICA, REPUBLIC OF 8.50000% 13-31.01.37 | 11 100 000.00 | 687 931.24 | 0.22 |
| Total ZAR |  |  | 2 579 656.98 | 0.81 |
| Total Anleihen, fester Zins |  | 21 442 706.18 | 6.74 |
| Anleihen, variabler Zins |  |  |  |
| AUD |  |  |  |
| AUD	AUSTRALIA 2.500%/CPI LINKED 10-20.09.30 | 2 915 000.00 | 3 584 694.94 | 1.13 |
| Total AUD |  | 3 584 694.94 | 1.13 |
| DKK |  |  |  |
| DKK	DENMARK, KINGDOM OF 0.100%/CPI LINKED 18-15.11.30 | 3 750 000.00 | 721 886.76 | 0.23 |
| Total DKK |  | 721 886.76 | 0.23 |
| EUR |  |  |  |
| EUR	ELM BV-REG-S-SUB 2.600%/VAR 15-PRP | 100 000.00 | 131 752.77 | 0.04 |
| EUR	FRANCE, REPUBLIC OF 1.850%/CPTFEMU LINKED 10-25.07.27 | 3 220 000.00 | 5 500 032.54 | 1.73 |
| EUR	FRANCE, REPUBLIC OF 0.250%/CPTFEMU LINKED 13-25.07.24 | 1 079 000.00 | 1 525 586.82 | 0.48 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.700%/CPI LINKED 14-25.07.30 | 1 910 000.00 | 3 002 205.39 | 0.94 |
| EUR	FRANCE, REPUBLIC OF-OAT 0.100%/CPI LINKED 15-01.03.25 | 3 000 000.00 | 4 102 069.49 | 1.29 |
| EUR	FRANCE, REPUBLIC OF-OAT-REG-S 0.100%/CPI LINKED 17-01.03.28 | 2 200 000.00 | 3 133 748.08 | 0.99 |
| EUR	FRANCE, REPUBLIC OF-REG-S 0.100%/CPTFEMU LINKED 20-01.03.26 | 1 620 000.00 | 2 185 893.95 | 0.69 |
| EUR	FRANCE,REPUBLIC OF-OAT 0.100%/INFLATION IDX LKD 19-01.03.29 | 3 380 000.00 | 4 772 431.62 | 1.50 |
| EUR	ITALY, REPUBLIC OF 3.100%/CPI LINKED 11-15.09.26 | 2 870 000.00 | 4 848 776.44 | 1.52 |
| EUR	ITALY, REPUBLIC OF-144A-REG-S 1.300%/CPI LINKED 17-15.05.28 | 3 748 000.00 | 5 539 093.73 | 1.74 |
| EUR	ITALY, REPUBLIC OF-144A-REG-S 0.400%/CPI LINKED 19-15.05.30 | 3 430 000.00 | 4 639 742.34 | 1.46 |
| EUR	ITALY, REPUBLIC OF-BTP 2.600%/CPI LINKED 07-15.09.23 | 420 000.00 | 682 290.16 | 0.21 |
| EUR	ITALY, REPUBLIC OF-REG-S 0.650%/CPI LINKED 20-15.05.26 | 1 500 000.00 | 2 007 108.21 | 0.63 |
| EUR	SES SA-REG-S-SUB 2.875%/VAR 21-PRP | 780 000.00 | 957 739.15 | 0.30 |
| EUR	SPAIN GOVERNMENT-144A-REG-S 1.000%/CPI LINKED 15-30.11.30 | 2 763 000.00 | 4 311 731.62 | 1.36 |
| EUR	SPAIN GOVERNMENT-144A-REG-S 0.650%/CPI LINKED 17-30.11.27 | 1 810 000.00 | 2 661 970.82 | 0.84 |
| EUR	VONOVIA FINANCE BV-REG-S-SUB 4.000%/VAR 14-PRP | 100 000.00 | 124 668.00 | 0.04 |
| Total EUR |  | 50 126 841.13 | 15.76 |
| GBP |  |  |  |
| GBP	M&G PLC-REG-S-SUB 5.625%/VAR 18-20.10.51 | 175 000.00 | 294 954.21 | 0.09 |
| GBP	UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 11-22.03.29 | 1 050 000.00 | 2 345 344.25 | 0.74 |
| GBP	UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 15-22.03.26 | 1 900 000.00 | 3 632 207.27 | 1.14 |
| GBP	UNITED KINGDOM OF GB & NI-REG-S 0.125%/RPI LINKD 18-10.08.28 | 1 500 000.00 | 2 818 771.37 | 0.89 |
| Total GBP |  | 9 091 277.10 | 2.86 |
| NZD |  |  |  |
| NZD	NEW ZEALAND-REG-S 2.500%/CPI LINKED 14-20.09.35 | 6 986 000.00 | 7 041 606.33 | 2.21 |
| Total NZD |  | 7 041 606.33 | 2.21 |
| SEK |  |  |  |
| SEK	SWEDEN, KINGDOM OF 0.250%/IDX LINKED 11-01.06.22 | 1 170 000.00 | 155 558.91 | 0.05 |
| SEK	SWEDEN, KINGDOM OF 0.125%/CPI LINKED 17-01.12.27 | 24 000 000.00 | 3 458 105.88 | 1.09 |
| Total SEK |  | 3 613 664.79 | 1.14 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
| USD |  |  |  |  |
| USD | QBE INSURANCE GROUP LTD-REG-S-SUB 6.750%/VAR 14-02.12.44 | 250 000.00 | 283 172.93 | 0.09 |
| USD | RAKUTEN GROUP INC-REG-S-SUB 6.250%/VAR 21-PRP | 540 000.00 | 578 475.00 | 0.18 |
| USD | SCOR SE-REG-S-SUB 5.250%/VAR 18-PRP | 200 000.00 | 210 500.00 | 0.07 |
| USD | UBS GROUP AG-REG-S-SUB 7.125%/VAR 16-PRP | 500 000.00 | 505 000.00 | 0.16 |
| USD | WESTPAC BANKING CORP-SUB 5.000%/VAR 17-PRP | 75 000.00 | 79 563.75 | 0.02 |
| Total USD |  |  | 1 656 711.68 | 0.52 |
| Total Anleihen, variabler Zins |  | 75 836 682.73 | 23.85 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.12500% 20-15.04.25 | 900 000.00 | 1 006 645.56 | 0.32 |
| Total USD |  | 1 006 645.56 | 0.32 |
| Total Treasury-Notes, fester Zins |  | 1 006 645.56 | 0.32 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.000%/CPI LINKED 06-15.01.26 | 1 775 000.00 | 2 820 601.76 | 0.89 |
| USD	AMERICA, UNITED STATES OF 0.875%/CPI LINKED 17-15.02.47 | 700 000.00 | 953 888.36 | 0.30 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.07.27 | 7 300 000.00 | 8 899 204.80 | 2.80 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 18-15.01.28 | 4 900 000.00 | 5 947 057.32 | 1.87 |
| USD	AMERICA, UNITED STATES OF 0.875%/CPI LINKED 19-15.01.29 | 6 995 000.00 | 8 538 664.77 | 2.68 |
| USD	AMERICA, UNITED STATES OF 0.500%/CPI LINKED 19-15.04.24 | 3 500 000.00 | 3 997 772.51 | 1.26 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 14-15.01.24 | 1 580 000.00 | 1 948 926.41 | 0.61 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 14 239 000.00 | 17 830 611.53 | 5.61 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 16-15.07.26 | 3 833 000.00 | 4 688 389.50 | 1.47 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 13-15.01.23 | 3 900 000.00 | 4 697 078.44 | 1.48 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 7 500 000.00 | 9 195 363.87 | 2.89 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI INDEX 14-15.07.24 | 3 700 000.00 | 4 487 256.11 | 1.41 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 5 665 000.00 | 7 030 196.27 | 2.21 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 5 000 000.00 | 6 092 663.84 | 1.91 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.01.30 | 8 260 000.00 | 9 353 503.00 | 2.94 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.07.30 | 7 100 000.00 | 8 098 410.84 | 2.55 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI IDX LKND 20-15.10.25 | 4 500 000.00 | 5 055 314.50 | 1.59 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 21-15.01.31 | 5 030 000.00 | 5 616 467.10 | 1.77 |
| Total USD |  | 115 251 370.93 | 36.24 |
| Total Treasury-Notes, variabler Zins | 115 251 370.93 | 36.24 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 244 636 108.44 | 76.93 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Mortgage Backed Securities, fester Zins |  |  |
| USD |  |  |
| USD	MSBAM LYNCH TRUST-SUB 3.99400% 16-01.12.49	150 000.00 | 165 244.26 | 0.05 |
| Total USD | 165 244.26 | 0.05 |
| Total Mortgage Backed Securities, fester Zins | 165 244.26 | 0.05 |
| Mortgage Backed Securities, variabler Zins |  |  |
| USD |  |  |
| USD	AVENTURA MALL TRUST-144A FLR 18-01.07.40	400 000.00 | 450 936.24 | 0.14 |
| USD	BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34	350 000.00 | 349 117.23 | 0.11 |
| USD	BANK 2017-BNK9 VAR 17-01.11.54	300 000.00 | 333 090.72 | 0.11 |
| USD	BBCMS TRUST CBM-144A 1M LIBOR+119.1098BP 18-15.07.37	350 000.00 | 348 241.11 | 0.11 |
| USD	BENCHMARK MORTGAGE TRUST VAR 18-01.02.51	150 000.00 | 169 053.52 | 0.05 |
| USD	CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+145BP 19-15.12.37	125 000.00 | 125 155.45 | 0.04 |
| USD	CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37	270 000.00 | 270 239.76 | 0.09 |
| USD	CORE TRUST CORE-144A 1M LIBOR+110BP 19-15.12.31	190 000.00 | 151 954.04 | 0.05 |
| USD	GS MORTGAGE SECURITIES TRUST-144A VAR 17-01.01.43	1 225 000.00 | 1 349 678.79 | 0.42 |
| USD	JPMCC COMMERCIAL MORTGAGE SEC TRUST VAR 17-01.09.50	550 000.00 | 574 168.38 | 0.18 |
| Total USD | 4 121 635.24 | 1.30 |
| Total Mortgage Backed Securities, variabler Zins | 4 121 635.24 | 1.30 |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	AVOLON HOLDINGS FUNDING LTD-144A 2.12500% 21-21.02.26	105 000.00 | 103 031.25 | 0.03 |
| USD	CCO HOLDINGS LLC/CAPITAL CORP-144A 5.50000% 16-01.05.26	160 000.00 | 165 392.00 | 0.05 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 7.12500% 16-15.06.24	210 000.00 | 214 200.00 | 0.07 |
| USD	ENLINK MIDSTREAM PARTNERS LP 4.40000% 14-01.04.24	75 000.00 | 77 856.00 | 0.03 |
| USD	MPLX LP 4.25000% 20-01.12.27	40 000.00 | 45 280.76 | 0.01 |
| USD	TRITON CONTAINER INTERNATIONAL LTD-144A 2.05000% 21-15.04.26	250 000.00 | 251 176.50 | 0.08 |
| Total USD | 856 936.51 | 0.27 |
| Total Notes, fester Zins | 856 936.51 | 0.27 |
| Anleihen, fester Zins |  |  |
| RUB |  |  |
| RUB	RUSSIA, FEDERATION OF 7.65000% 19-10.04.30	252 000 000.00 | 3 590 643.98 | 1.13 |
| Total RUB | 3 590 643.98 | 1.13 |
| Total Anleihen, fester Zins | 3 590 643.98 | 1.13 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |
| Anleihen, variabler Zins |  |  |  |
| JPY |  |  |  |
| JPY	JAPAN 0.100%/CPI LINKED 13-10.09.23 | 171 000 000.00 | 1 662 636.77 | 0.52 |
| JPY	JAPAN 0.100%/CPI LINKED 16-10.03.26 | 400 000 000.00 | 3 783 744.57 | 1.19 |
| JPY	JAPAN 0.100%/CPI LINKED 18-10.03.28 | 170 000 000.00 | 1 605 581.43 | 0.51 |
| JPY	JAPAN 0.100%/CPI LINKED 19-10.03.29 | 857 000 000.00 | 8 057 818.87 | 2.53 |
| JPY	JAPAN 0.200%/CPI LINKED 20-10.03.30 | 186 000 000.00 | 1 761 197.75 | 0.55 |
| Total JPY |  | 16 870 979.39 | 5.30 |
| NZD |  |  |  |
| NZD	NEW ZEALAND 2.500%/CPI LINKED 17-20.09.40 | 7 560 000.00 | 7 532 226.37 | 2.37 |
| NZD	NEW ZEALAND 3.000%/CPI LINKED 13-20.09.30 | 10 155 000.00 | 10 488 961.39 | 3.30 |
| Total NZD |  | 18 021 187.76 | 5.67 |
| Total Anleihen, variabler Zins |  | 34 892 167.15 | 10.97 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 1.750%/CPI LINKED 08-15.01.28 | 2 000 000.00 | 3 082 637.30 | 0.97 |
| USD	AMERICA, UNITED STATES OF 0.250%/CPI LINKED 15-15.01.25 | 4 726 000.00 | 5 778 540.13 | 1.82 |
| Total USD |  | 8 861 177.43 | 2.79 |
| Total Treasury-Notes, variabler Zins |  | 8 861 177.43 | 2.79 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  | 52 487 804.57 | 16.51 |
| Neuemittierte Wertpapiere und Geldmarktinstrumente |  |  |  |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	BROADCOM INC-144A 1.95000% 21-15.02.28 | 130 000.00 | 128 817.51 | 0.04 |
| USD	BROADCOM INC-144A 2.60000% 21-15.02.33 | 465 000.00 | 442 740.24 | 0.14 |
| Total USD |  | 571 557.75 | 0.18 |
| Total Notes, fester Zins |  | 571 557.75 | 0.18 |
| Total Neuemittierte Wertpapiere und Geldmarktinstrumente |  | 571 557.75 | 0.18 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
Luxemburg
| EUR | UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC | 100.00 | 17 372.63 | 0.00 |
| --- | --- | --- | --- | --- |
| Total Luxemburg | 17 372.63 | 0.00 |
| Total Investment Fonds, open end | 17 372.63 | 0.00 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 17 372.63 | 0.00 |
| Total des Wertpapierbestandes | 297 712 843.39 | 93.62 |

| Derivative Instrumente |  |
| --- | --- |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |
| Finanzterminkontrakte auf Anleihen |
|  |  |  |  |
| EUR	EURO BTP ITALY GOVERMENT FUTURE 08.06.21 | -20.00 | 17 606.16 | 0.01 |
| EUR	EURO-BUND FUTURE 08.06.21 | 18.00 | -27 803.06 | -0.01 |
| EUR	EURO-BOBL FUTURE 08.06.21 | 20.00 | -4 646.07 | 0.00 |
| EUR	EURO-BUXL FUTURE 08.06.21 | -8.00 | 60 252.19 | 0.02 |
| EUR	EURO-OAT FUTURE 08.06.21 | 20.00 | -35 701.38 | -0.01 |
| GBP	LONG GILT FUTURE 28.09.21 | 11.00 | -625.46 | 0.00 |
| AUD	AUSTRALIA 10YR BOND FUTURE 15.06.21 | -12.00 | -520.53 | 0.00 |
| JPY	JAPAN GOVERNMENT 10Y BOND (OSE) FUTURE 14.06.21 | 12.00 | 64 719.59 | 0.02 |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.21 | 6.00 | 1 218.75 | 0.00 |
| USD	US LONG BOND FUTURE 21.09.21 | -4.00 | 2 500.00 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.21 | -30.00 | 10 281.25 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.21 | 50.00 | -0.05 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.21 | 50.00 | -1 171.85 | 0.00 |
| USD	US ULTRA LONG BOND (CBT) FUTURE 21.09.21 | -19.00 | 12 218.75 | 0.00 |
| Total Finanzterminkontrakte auf Anleihen |  | 98 328.29 | 0.03 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  | 98 328.29 | 0.03 |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Bezeichnung | Anzahl/ | Bewertung in USD | 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
Swaps und Forward-Swaps auf Zinssätze
| USD USD | LCH/INTEREST RATE SWAP PAYER 2.24100% 17-08.08.27 LCH/INTEREST RATE SWAP REC 3ML 17-08.08.27 | -3 500 000.00 | -267 433.74 | -0.08 |
| --- | --- | --- | --- | --- |
| USD | LCH/INTEREST RATE SWAP PAYER 1.89660% 17-20.09.22 | -3 400 000.00 | -88 210.34 | -0.03 |
| USD | LCH/INTEREST RATE SWAP REC 3ML 17-20.09.22 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAYER 1.58300% 24-24.09.29 | -13 000 000.00 | 380 840.60 | 0.12 |
| NZD | LCH/INTEREST RATE SWAP REC 3MF 24-24.09.29 |  |  |  |
| USD | LCH/INTEREST RATE SWAP PAYER 1.29910% 20-03.03.50 | -600 000.00 | 92 698.01 | 0.03 |
| USD | LCH/INTEREST RATE SWAP REC 3ML 20-03.03.50 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAYER 0.81528% 21-18.02.51 | -600 000.00 | 22 642.62 | 0.01 |
| GBP | LCH/INTEREST RATE SWAP REC 12ML 21-18.02.51 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 2.11600% 20-23.01.30 | -12 000 000.00 | -97 185.90 | -0.03 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-23.01.30 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.91900% 20-10.02.30 | -12 500 000.00 | -41 695.14 | -0.01 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 20-10.02.30 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.87875% 17-08.08.47 | -130 000 000.00 | -119 870.88 | -0.04 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 17-08.08.47 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.91625% 18-27.02.48 | -75 000 000.00 | -75 499.02 | -0.02 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 18-27.02.48 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.71375% 18-27.12.48 | -340 000 000.00 | -179 077.11 | -0.06 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 18-27.12.48 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.68000% 19-05.03.49 | -190 000 000.00 | -81 378.10 | -0.03 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 19-05.03.49 |  |  |  |
| JPY | LCH/INTEREST RATE SWAP PAY 0.54275% 19-10.04.49 | -85 000 000.00 | -6 969.92 | 0.00 |
| JPY | LCH/INTEREST RATE SWAP REC 6M LIBOR 19-10.04.49 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAY 0.84167% 21-19.02.51 | -800 000.00 | 22 317.28 | 0.01 |
| GBP | LCH/INTEREST RATE SWAP REC SONIA O/N 21-19.02.51 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAY 0.88544% 21-28.02.51 | -1 300 000.00 | 15 232.47 | 0.00 |
| GBP | LCH/INTEREST RATE SWAP REC SONIA O/N 21-28.02.51 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.20750% 19-27.09.29 | -7 100 000.00 | 244 860.01 | 0.08 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 19-27.09.29 |  |  |  |
| NZD | LCH/INTEREST RATE SWAP PAY 1.67500% 24-30.10.29 | -15 000 000.00 | 402 777.56 | 0.13 |
| NZD | LCH/INTEREST RATE SWAP REC 3MFRA 24-30.10.29 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP PAY 2.80500% 21-02.04.26 | -70 000 000.00 | -45 572.74 | -0.01 |
| CNY | CITI/INTEREST RATE SWAP REC CNRR007 21-02.04.26 |  |  |  |
| PLN | LCH/INTEREST RATE SWAP PAY 1.73300% 21-16.04.31 | -18 000 000.00 | 67 736.94 | 0.02 |
| PLN | LCH/INTEREST RATE SWAP REC 6MWIB 21-16.04.31 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE REC 3.74500% 17-14.08.22 | 70 000 000.00 | 175 035.22 | 0.05 |
| CNY | JPMORGAN/INTEREST RATE PAYER CNRR007 17-14.08.22 |  |  |  |
| MXN | CME/INTEREST RATE SWAP REC 7.84500% 18-20.04.28 | 50 000 000.00 | 207 268.19 | 0.06 |
| MXN | CME/INTEREST RATE SWAP PAYER 18-20.04.28 |  |  |  |
| CNY | CITIGROUP/INTEREST RATE SWAP REC 3.03500% 19-23.10.24 | 64 000 000.00 | 134 359.14 | 0.04 |
| CNY | CITIGROUP/INTEREST RATE SWAP PAYER CNRR007 19-23.10.24 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.30000% 20-05.06.25 | 45 000 000.00 | -103 660.04 | -0.03 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAYER CNRR007 20-05.06.25 |  |  |  |
| CNY | HSBC/INTEREST RATE SWAP REC 2.30500% 20-08.06.25 | 30 000 000.00 | -68 406.28 | -0.02 |
| CNY | HSBC/INTEREST RATE SWAP PAYER CNRR007 20-08.06.25 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.23500% 20-10.06.25 | 20 000 000.00 | -55 089.14 | -0.02 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAYER CNRR007 20-10.06.25 |  |  |  |
| CNY | CITI/INTEREST RATE SWAP REC 2.27000% 20-11.06.25 | 20 000 000.00 | -50 370.40 | -0.02 |
| CNY | CITI/INTEREST RATE SWAP PAYER CNRR007 20-11.06.25 |  |  |  |
| CNY | JPMORGAN/INTEREST RATE SWAP REC 2.19500% 20-12.06.25 | 40 000 000.00 | -119 830.20 | -0.04 |
| CNY | JPMORGAN/INTEREST RATE SWAP PAYER CNRR007 20-12.06.25 |  |  |  |
| CAD | LCH/INTEREST RATE SWAP REC 1.83100% 24-19.09.29 | 11 000 000.00 | -196 669.96 | -0.06 |
| CAD | LCH/INTEREST RATE SWAP PAY 3MCAD 24-19.09.29 |  |  |  |
| Total Swaps und Forward-Swaps auf Zinssätze |  | 168 849.13 | 0.05 |
| Credit-Default-Swaps* |  |  |  |
|  |  |  |  |
| USD	BOA/MEX CREDIT DEFAULT SWAP PAYER 1.00000% 19-20.06.24 | -1 450 000.00 | -25 453.07 | -0.01 |
| USD	CITIBANK/BRAZIL CREDIT DEFAULT SWAP PAYER 1.00000% 19-20.06.24 | -650 000.00 | 1 461.76 | 0.00 |
| USD	JPMORGAN/BRAZIL CREDIT DEFAULT SWAP PAYER 1.00000% 19-20.06.24 | -650 000.00 | 1 461.76 | 0.00 |
| USD	BOA/TURKEY CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 1 450 000.00 | -117 217.65 | -0.03 |
| USD	CITIBANK/SOAF CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 650 000.00 | -2 999.53 | 0.00 |
| USD	JPMORGAN/SOAF CREDIT DEFAULT SWAP REC 1.00000% 19-20.06.24 | 650 000.00 | -2 999.53 | 0.00 |
| Total Credit-Default-Swaps |  | -145 746.26 | -0.04 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | 23 102.87 | 0.01 |
| Total Derivative Instrumente |  | 121 431.16 | 0.04 |
| Devisenterminkontrakte |  |  |  |
| Gekaufte Währung/ Gekaufter Betrag/Verkaufte Währung/Verkaufter Betrag/Fälligkeitsdatum |  |  |  |

| USD | 2 003 539.28 | CNY | 13 020 000.00 | 4.6.2021 | -42 595.67 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 12 637 484.56 | JPY | 1 375 400 000.00 | 4.6.2021 | 64 600.16 | 0.02 |
| USD | 2 309 425.20 | RUB | 173 650 300.00 | 4.6.2021 | -57 372.63 | -0.02 |
| MYR | 3 623 000.00 | USD | 883 335.37 | 4.6.2021 | -5 005.72 | 0.00 |
| USD | 1 140 144.23 | TWD | 31 700 000.00 | 4.6.2021 | -8 649.30 | 0.00 |
| INR | 79 820 000.00 | USD | 1 072 489.08 | 4.6.2021 | 26 600.41 | 0.01 |
| USD | 2 204 578.26 | PHP | 106 900 000.00 | 4.6.2021 | -36 825.16 | -0.01 |
| IDR | 16 681 100 000.00 | USD | 1 150 817.52 | 4.6.2021 | 17 680.38 | 0.01 |
| USD | 1 816 272.09 | BRL | 9 770 000.00 | 4.6.2021 | -45 209.19 | -0.01 |
| USD | 2 355 495.44 | CLP | 1 654 500 000.00 | 4.6.2021 | 62 970.43 | 0.02 |
| COP | 5 014 615 000.00 | USD | 1 340 000.00 | 4.6.2021 | 12 285.39 | 0.00 |
| USD | 57 023 749.32 | EUR | 47 415 000.00 | 4.6.2021 | -949 464.69 | -0.30 |
| USD | 24 931 005.14 | NZD | 34 845 000.00 | 4.6.2021 | -436 096.79 | -0.14 |
| EUR | 147 664 400.00 | USD | 177 588 900.76 | 4.6.2021 | 2 956 915.19 | 0.93 |
| USD | 7 753 463.01 | ZAR | 112 600 000.00 | 4.6.2021 | -452 242.22 | -0.14 |
| USD | 6 311 745.13 | CAD | 7 770 000.00 | 4.6.2021 | -119 823.91 | -0.04 |

* Nominal positiv: der Subfonds ist «Receiver», Nominal negativ: der Subfonds ist «Payer».
UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Devisenterminkontrakte (Fortsetzung)
Gekaufte Währung/ Gekaufter Betrag/Verkaufte Währung/Verkaufter Betrag/Fälligkeitsdatum
| USD | 11 590 227.52 | GBP | 8 350 000.00 | 4.6.2021 | -279 311.40 | -0.09 |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 50 869 800.00 | USD | 55 694 344.91 | 4.6.2021 | 870 078.41 | 0.27 |
| TRY | 3 225 000.00 | USD | 382 288.00 | 4.6.2021 | -2 083.92 | 0.00 |
| USD | 1 363 144.18 | SEK | 11 520 000.00 | 4.6.2021 | -26 126.88 | -0.01 |
| NOK | 2 130 000.00 | USD | 256 235.87 | 4.6.2021 | -202.35 | 0.00 |
| USD | 2 913 429.23 | AUD | 3 770 000.00 | 4.6.2021 | -4 751.84 | 0.00 |
| USD | 916 114.42 | MXN | 18 610 000.00 | 4.6.2021 | -18 539.34 | -0.01 |
| PLN | 6 775 000.00 | USD | 1 791 218.67 | 4.6.2021 | 58 289.17 | 0.02 |
| USD | 371 259.87 | HUF | 111 150 000.00 | 4.6.2021 | -20 071.38 | -0.01 |
| USD | 716 886.26 | NZD | 995 000.00 | 4.6.2021 | -7 472.08 | 0.00 |
| USD | 1 668 361.58 | EUR | 1 385 000.00 | 4.6.2021 | -25 045.60 | -0.01 |
| EUR | 7 099 700.00 | USD | 8 568 449.73 | 4.6.2021 | 112 187.78 | 0.04 |
| CHF | 1 229 300.00 | USD | 1 354 715.50 | 4.6.2021 | 12 198.57 | 0.00 |
| USD | 229 065.46 | JPY | 25 000 000.00 | 4.6.2021 | 534.04 | 0.00 |
| USD | 517 430.42 | CAD | 630 000.00 | 4.6.2021 | -4 048.15 | 0.00 |
| USD | 343 549.60 | PHP | 16 500 000.00 | 4.6.2021 | -2 410.70 | 0.00 |
| MYR | 2 240 000.00 | USD | 544 945.87 | 4.6.2021 | -1 899.11 | 0.00 |
| JPY | 145 819 300.00 | NOK | 11 000 000.00 | 4.6.2021 | 10 732.79 | 0.00 |
| EUR | 1 904 200.00 | USD | 2 314 808.36 | 4.6.2021 | 13 412.54 | 0.00 |
| EUR | 2 280 200.00 | USD | 2 758 656.65 | 4.6.2021 | 29 290.68 | 0.01 |
| USD | 1 461 565.34 | NZD | 2 020 000.00 | 4.6.2021 | -8 991.29 | 0.00 |
| USD | 1 422 813.55 | JPY | 155 900 000.00 | 4.6.2021 | -2 308.36 | 0.00 |
| CLP | 842 996 000.00 | USD | 1 190 000.00 | 4.6.2021 | -21 919.36 | -0.01 |
| USD | 1 445 000.00 | RUB | 107 103 400.00 | 4.6.2021 | -14 784.95 | 0.00 |
| USD | 3 555 251.76 | GBP | 2 525 000.00 | 4.6.2021 | -34 039.95 | -0.01 |
| JPY | 158 807 142.00 | CAD | 1 755 000.00 | 4.6.2021 | -993.47 | 0.00 |
| ZAR | 58 500 000.00 | USD | 4 116 964.15 | 4.6.2021 | 146 213.08 | 0.05 |
| USD | 1 255 000.00 | MXN | 24 829 547.50 | 4.6.2021 | 7 980.66 | 0.00 |
| EUR | 1 783 300.00 | USD | 2 179 898.79 | 4.6.2021 | 500.50 | 0.00 |
| IDR | 20 988 375 000.00 | USD | 1 455 000.00 | 4.6.2021 | 15 219.12 | 0.00 |
| KRW | 1 646 623 500.00 | USD | 1 455 000.00 | 4.6.2021 | 27 511.89 | 0.01 |
| USD | 1 455 000.00 | PHP | 69 810 900.00 | 4.6.2021 | -8 745.46 | 0.00 |
| USD | 1 089 618.46 | INR | 79 820 000.00 | 4.6.2021 | -9 471.03 | 0.00 |
| USD | 3 235 601.01 | SEK | 27 000 000.00 | 4.6.2021 | -20 503.03 | -0.01 |
| USD | 1 933 598.88 | EUR | 1 585 000.00 | 4.6.2021 | -4 343.63 | 0.00 |
| USD | 705 397.82 | DKK | 4 300 000.00 | 4.6.2021 | -1 507.08 | 0.00 |
| EUR | 2 407 800.00 | USD | 2 940 915.81 | 4.6.2021 | 3 045.06 | 0.00 |
| CLP | 811 504 000.00 | USD | 1 134 019.01 | 4.6.2021 | -9 574.63 | 0.00 |
| USD | 1 349 829.07 | COP | 5 014 615 000.00 | 4.6.2021 | -2 456.32 | 0.00 |
| NOK | 11 930 000.00 | SEK | 11 828 058.15 | 4.6.2021 | 7 606.24 | 0.00 |
| USD | 1 728 220.16 | EUR | 1 415 000.00 | 4.6.2021 | -1 867.32 | 0.00 |
| USD | 856 810.56 | GBP | 605 000.00 | 4.6.2021 | -3 197.95 | 0.00 |
| USD | 481 322.70 | GBP | 340 000.00 | 4.6.2021 | -1 987.87 | 0.00 |
| EUR | 3 174 700.00 | USD | 3 883 286.69 | 4.6.2021 | -1 655.09 | 0.00 |
| USD | 2 634 229.02 | IDR | 37 669 475 000.00 | 4.6.2021 | -4 488.00 | 0.00 |
| IDR | 37 669 500 000.00 | USD | 2 627 066.04 | 6.7.2021 | 8 401.52 | 0.00 |
| USD | 3 919 716.30 | JPY | 428 200 000.00 | 4.6.2021 | 5 430.20 | 0.00 |
| AUD | 495 000.00 | USD | 383 247.22 | 4.6.2021 | -90.82 | 0.00 |
| USD | 773 450.42 | CAD | 935 000.00 | 4.6.2021 | -490.00 | 0.00 |
| USD | 5 042 740.84 | EUR | 4 135 000.00 | 4.6.2021 | -13 027.16 | 0.00 |
| USD | 696 464.01 | ZAR | 9 560 000.00 | 4.6.2021 | -219.31 | 0.00 |
| PLN | 1 060 000.00 | USD | 288 488.36 | 4.6.2021 | 881.13 | 0.00 |
| MXN | 10 790 000.00 | USD | 542 637.34 | 4.6.2021 | -729.01 | 0.00 |
| NOK | 3 470 000.00 | USD | 415 521.86 | 4.6.2021 | 1 584.38 | 0.00 |
| USD | 767 756.20 | SEK | 6 370 000.00 | 4.6.2021 | -443.16 | 0.00 |
| IDR | 8 233 100 000.00 | USD | 574 335.54 | 6.7.2021 | 1 676.03 | 0.00 |
| HUF | 111 150 000.00 | USD | 389 458.17 | 4.6.2021 | 1 873.08 | 0.00 |
| BRL | 9 770 000.00 | USD | 1 846 008.50 | 4.6.2021 | 15 472.78 | 0.00 |
| USD | 1 840 548.59 | BRL | 9 770 000.00 | 6.7.2021 | -15 663.75 | -0.01 |
| USD | 777 315.30 | PHP | 37 350 000.00 | 4.6.2021 | -5 813.02 | 0.00 |
| USD | 8 696 911.81 | EUR | 7 133 900.00 | 4.6.2021 | -25 541.24 | -0.01 |
| USD | 4 812 186.98 | PHP | 230 600 000.00 | 6.7.2021 | -13 806.88 | 0.00 |
| PHP | 230 560 900.00 | USD | 4 825 468.82 | 4.6.2021 | 8 768.68 | 0.00 |
| USD | 1 416 868.05 | MYR | 5 863 000.00 | 4.6.2021 | -4 508.35 | 0.00 |
| MYR | 5 863 000.00 | USD | 1 416 354.63 | 6.7.2021 | 4 148.34 | 0.00 |
| KRW | 1 647 000 000.00 | USD | 1 474 920.97 | 6.7.2021 | 10 355.39 | 0.00 |
| USD | 1 474 504.58 | KRW | 1 646 623 500.00 | 4.6.2021 | -8 007.31 | 0.00 |
| RUB | 280 753 700.00 | USD | 3 817 181.51 | 4.6.2021 | 9 401.27 | 0.00 |
| USD | 3 800 671.45 | RUB | 280 753 700.00 | 6.7.2021 | -9 466.55 | 0.00 |
| USD | 1 146 722.62 | TWD | 31 700 000.00 | 6.7.2021 | -8 454.59 | 0.00 |
| TWD | 31 700 000.00 | USD | 1 142 754.15 | 4.6.2021 | 6 039.38 | 0.00 |
| CNY | 13 020 000.00 | USD | 2 040 912.30 | 4.6.2021 | 5 222.65 | 0.00 |
| USD | 2 037 399.26 | CNY | 13 020 000.00 | 6.7.2021 | -747.96 | 0.00 |
| USD | 1 566 313.63 | NZD | 2 160 000.00 | 4.6.2021 | -6 162.77 | 0.00 |
| Total Devisenterminkontrakte | 1 723 852.62 | 0.54 |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 9 234 014.29* | 2.90 |
| Kontokorrentkredit und andere kurzfristige Verbindlichkeiten | -3 963 259.53 | -1.25 |
| Andere Aktiva und Passiva | 13 173 097.84 | 4.15 |
| Total des Nettovermögens | 318 001 979.77 | 100.00 |
| * Zum 31. Mai 2021 wurden gegenüber JP Morgan Bankguthaben in Höhe von USD 90 000.00 als Sicherheit eingesetzt. |  |  |

UBS (Lux) Bond SICAV – Global Inflation-linked (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021