# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Medium (USD)
| Three-year comparison |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Net assets in USD |  | 1 930 791 077.91 | 2 011 788 426.80 | 2 120 118 601.72 |
| Class K-1-4%-mdist | LU1717044132 |  |  |  |
| Shares outstanding |  | 7.5000 | 6.8000 | 5.3000 |
| Net asset value per share in USD |  | 5 277 174.71 | 4 659 950.74 | 4 899 382.39 |
| Issue and redemption price per share in USD 1 |  | 5 277 174.71 | 4 659 950.74 | 4 899 382.39 |
| Class (EUR hedged) K-1-4%-mdist 2 | LU1629324036 |  |  |  |
| Shares outstanding |  | - | 0.1000 | 3.5000 |
| Net asset value per share in EUR |  | - | 2 666 513.90 | 2 871 542.99 |
| Issue and redemption price per share in EUR 1 |  | - | 2 666 513.90 | 2 871 542.99 |
| Class K-1-acc | LU1616912835 |  |  |  |
| Shares outstanding |  | 21.0000 | 22.5000 | 20.9000 |
| Net asset value per share in USD |  | 6 267 187.70 | 5 319 709.70 | 5 373 622.91 |
| Issue and redemption price per share in USD 1 |  | 6 267 187.70 | 5 319 709.70 | 5 373 622.91 |
| Class (CHF hedged) K-1-acc 3 | LU1622991237 |  |  |  |
| Shares outstanding |  | - | - | 0.7000 |
| Net asset value per share in CHF |  | - | - | 5 076 001.00 |
| Issue and redemption price per share in CHF 1 |  | - | - | 5 076 001.00 |
| Class (EUR hedged) K-1-acc | LU1622991153 |  |  |  |
| Shares outstanding |  | 4.5000 | 3.4000 | 4.7000 |
| Net asset value per share in EUR |  | 3 473 137.05 | 2 984 785.19 | 3 087 926.94 |
| Issue and redemption price per share in EUR 1 |  | 3 473 137.05 | 2 984 785.19 | 3 087 926.94 |
| Class P-4%-mdist | LU1599187181 |  |  |  |
| Shares outstanding |  | 1 228 616.5450 | 1 805 880.7630 | 2 117 416.0230 |
| Net asset value per share in USD |  | 106.07 | 94.07 | 99.32 |
| Issue and redemption price per share in USD 1 |  | 106.07 | 94.07 | 99.32 |
| Class (HKD) P-4%-mdist | LU1647379426 |  |  |  |
| Shares outstanding |  | 194 031.7120 | 339 434.5040 | 462 432.4010 |
| Net asset value per share in HKD |  | 1 042.26 | 923.49 | 986.79 |
| Issue and redemption price per share in HKD 1 |  | 1 042.26 | 923.49 | 986.79 |
| Class P-acc | LU1599186969 |  |  |  |
| Shares outstanding |  | 4 457 096.7330 | 5 432 559.8130 | 5 559 346.9120 |
| Net asset value per share in USD |  | 123.78 | 105.57 | 107.15 |
| Issue and redemption price per share in USD 1 |  | 123.78 | 105.57 | 107.15 |
| Class (HKD) P-acc | LU1603467017 |  |  |  |
| Shares outstanding |  | 337 205.7930 | 426 426.3760 | 555 478.3460 |
| Net asset value per share in HKD |  | 1 232.86 | 1 050.14 | 1 078.16 |
| Issue and redemption price per share in HKD 1 |  | 1 232.86 | 1 050.14 | 1 078.16 |
| Class (AUD hedged) P-acc | LU1603467363 |  |  |  |
| Shares outstanding |  | 512 914.2680 | 711 040.5270 | 595 848.9110 |
| Net asset value per share in AUD |  | 120.84 | 103.83 | 106.94 |
| Issue and redemption price per share in AUD 1 |  | 120.84 | 103.83 | 106.94 |
| Class (CAD hedged) P-acc | LU1603467108 |  |  |  |
| Shares outstanding |  | 276 731.5780 | 414 456.8890 | 448 319.5320 |
| Net asset value per share in CAD |  | 120.53 | 103.28 | 105.65 |
| Issue and redemption price per share in CAD 1 |  | 120.53 | 103.28 | 105.65 |
| Class (CHF hedged) P-acc | LU1599187264 |  |  |  |
| Shares outstanding |  | 1 810 374.3710 | 2 107 701.4960 | 2 077 072.9020 |
| Net asset value per share in CHF |  | 111.82 | 96.76 | 101.12 |
| Issue and redemption price per share in CHF 1 |  | 111.82 | 96.76 | 101.12 |
| Class (EUR hedged) P-acc | LU1599187421 |  |  |  |
| Shares outstanding |  | 1 446 162.4820 | 1 841 710.8150 | 2 149 396.9750 |
| Net asset value per share in EUR |  | 113.45 | 97.99 | 101.87 |
| Issue and redemption price per share in EUR 1 |  | 113.45 | 97.99 | 101.87 |
| Class (GBP hedged) P-acc | LU1611257418 |  |  |  |
| Shares outstanding |  | 316 285.3760 | 433 832.9910 | 346 984.7990 |
| Net asset value per share in GBP |  | 117.38 | 100.81 | 104.04 |
| Issue and redemption price per share in GBP 1 |  | 117.38 | 100.81 | 104.04 |
| Class (SGD hedged) P-acc | LU1599187777 |  |  |  |
| Shares outstanding |  | 297 649.8100 | 480 359.5110 | 436 591.7930 |
| Net asset value per share in SGD |  | 121.21 | 103.67 | 105.87 |
| Issue and redemption price per share in SGD 1 |  | 121.21 | 103.67 | 105.87 |
| Class Q-4%-mdist | LU1895574181 |  |  |  |
| Shares outstanding |  | 202 476.2000 | 250 295.3380 | 179 020.0620 |
| Net asset value per share in USD |  | 110.58 | 97.33 | 102.01 |
| Issue and redemption price per share in USD 1 |  | 110.58 | 97.33 | 102.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Annual report and audited financial statements as of 31 May 2021
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Class (HKD) Q-4%-mdist | LU1891428119 |  |  |  |
| Shares outstanding |  | 22 184.2590 | 63 906.8490 | 80 633.6330 |
| Net asset value per share in HKD |  | 1 094.78 | 962.66 | 1 021.00 |
| Issue and redemption price per share in HKD 1 |  | 1 094.78 | 962.66 | 1 021.00 |
| Class Q-acc | LU1599187009 |  |  |  |
| Shares outstanding |  | 1 116 449.4790 | 1 444 940.2410 | 1 172 458.7630 |
| Net asset value per share in USD |  | 127.54 | 107.96 | 108.76 |
| Issue and redemption price per share in USD 1 |  | 127.54 | 107.96 | 108.76 |
| Class (HKD) Q-acc | LU1891428465 |  |  |  |
| Shares outstanding |  | 24 500.1210 | 9 399.5640 | 16 415.1520 |
| Net asset value per share in HKD |  | 1 208.17 | 1 021.40 | 1 040.84 |
| Issue and redemption price per share in HKD 1 |  | 1 208.17 | 1 021.40 | 1 040.84 |
| Class (CAD hedged) Q-acc | LU1891428895 |  |  |  |
| Shares outstanding |  | 112 141.8740 | 101 986.0830 | 63 607.7480 |
| Net asset value per share in CAD |  | 119.85 | 101.94 | 103.50 |
| Issue and redemption price per share in CAD 1 |  | 119.85 | 101.94 | 103.50 |
| Class (CHF hedged) Q-acc | LU1599187348 |  |  |  |
| Shares outstanding |  | 557 637.8780 | 736 363.2800 | 776 353.9840 |
| Net asset value per share in CHF |  | 115.23 | 98.96 | 102.66 |
| Issue and redemption price per share in CHF 1 |  | 115.23 | 98.96 | 102.66 |
| Class (EUR hedged) Q-acc | LU1599187694 |  |  |  |
| Shares outstanding |  | 622 150.3550 | 909 507.0590 | 940 295.5580 |
| Net asset value per share in EUR |  | 116.90 | 100.21 | 103.41 |
| Issue and redemption price per share in EUR 1 |  | 116.90 | 100.21 | 103.41 |
| Class (GBP hedged) Q-acc | LU1616912595 |  |  |  |
| Shares outstanding |  | 112 575.5120 | 99 035.6990 | 81 089.3390 |
| Net asset value per share in GBP |  | 120.61 | 102.81 | 105.32 |
| Issue and redemption price per share in GBP 1 |  | 120.61 | 102.81 | 105.32 |
| Class (SEK hedged) Q-acc | LU1599187850 |  |  |  |
| Shares outstanding |  | 107 178.5600 | 207 833.1350 | 278 937.2570 |
| Net asset value per share in SEK |  | 815.40 | 697.51 | 718.69 |
| Issue and redemption price per share in SEK 1 |  | 815.40 | 697.51 | 718.69 |
| Class (SGD hedged) Q-acc | LU1891428036 |  |  |  |
| Shares outstanding |  | 268 364.8260 | 313 436.1660 | 220 008.7610 |
| Net asset value per share in SGD |  | 120.36 | 102.17 | 103.57 |
| Issue and redemption price per share in SGD 1 |  | 120.36 | 102.17 | 103.57 |
| 1  See note 1 2  The share class (EUR hedged) K-1-4%-mdist was in circulation until 18.5.2021 3  For the period from 12.6.2017 to 9.3.2020 the share class (CHF hedged) K-1-acc was in circulation |  |  |  |  |
| Performance |  |  |  |  |
|  | Currency | 2020/2021 | 2019/2020 | 2018/2019 |
| Class K-1-4%-mdist | USD | 17.8% | -1.0% | 2.3% |
| Class (EUR hedged) K-1-4%-mdist 1 | EUR | - | -3.3% | -0.7% |
| Class K-1-acc | USD | 17.8% | -1.0% | 2.3% |
| Class (CHF hedged) K-1-acc 2 | CHF | - | - | -1.0% |
| Class (EUR hedged) K-1-acc | EUR | 16.4% | -3.3% | -0.7% |
| Class P-4%-mdist | USD | 17.2% | -1.5% | 1.8% |
| Class (HKD) P-4%-mdist | HKD | 17.4% | -2.6% | 1.7% |
| Class P-acc | USD | 17.2% | -1.5% | 1.8% |
| Class (HKD) P-acc | HKD | 17.4% | -2.6% | 1.7% |
| Class (AUD hedged) P-acc | AUD | 16.4% | -2.9% | 1.4% |
| Class (CAD hedged) P-acc | CAD | 16.7% | -2.2% | 1.0% |
| Class (CHF hedged) P-acc | CHF | 15.6% | -4.3% | -1.5% |
| Class (EUR hedged) P-acc | EUR | 15.8% | -3.8% | -1.2% |
| Class (GBP hedged) P-acc | GBP | 16.4% | -3.1% | -0.0% |
| Class (SGD hedged) P-acc | SGD | 16.9% | -2.1% | 1.1% |
| Class Q-4%-mdist | USD | 18.1% | -0.7% | - |
| Class (HKD) Q-4%-mdist | HKD | 18.3% | -1.9% | - |
| Class Q-acc | USD | 18.1% | -0.7% | 2.5% |
| Class (HKD) Q-acc | HKD | 18.3% | -1.9% | - |
| Class (CAD hedged) Q-acc | CAD | 17.6% | -1.5% | - |
| Class (CHF hedged) Q-acc | CHF | 16.4% | -3.6% | -0.8% |
| Class (EUR hedged) Q-acc | EUR | 16.7% | -3.1% | -0.4% |
| Class (GBP hedged) Q-acc | GBP | 17.3% | -2.4% | 0.7% |
| Class (SEK hedged) Q-acc | SEK | 16.9% | -2.9% | -0.3% |
| Class (SGD hedged) Q-acc | SGD | 17.8% | -1.4% | - |

1 
The share class (EUR hedged) K-1-4%-mdist was in circulation until 18.5.2021. Due to this fact, there is no data for the calculation of the performance available in 2021.
2 
For the period from 12.6.2017 to 9.3.2020 the share class (CHF hedged) K-1-acc was in circulation. Due to this fact, there is no data for the calculation of the performance available in 2021.
Historical performance is no indicator of current or future performance.
The performance data does not take account of any commissions and costs charged when subscribing and redeeming shares. The performance data were not audited.
The subfund has no benchmark.
UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Annual report and audited financial statements as of 31 May 2021

## Report of the Portfolio Manager
The financial year from 1 June 2020 to 31 May 2021 was shaped by the pandemic recovery. Since the peak of the pandemic in the spring, the market narrative has been dominated by the transition to a “new normal,” driven by the forces of technological disruption, deficit spending, and further central bank action, pointing to an accommodative policy and shifting towards more fle- xible inflation targets. Risk assets, in particular growth equities, posted strong gains earlier in the financial year as a combination of lockdown measures being lifted in major economies, promising news on pharmaceutical developments to combat the coronavirus, and continued monetary and fiscal policy support boosted investor con- fidence. Later in the financial year, the economic reco- very and rising yields favored value over growth stocks.
Within Fixed Income, after significant spread widening during the first months of the COVID-19 induced lock- downs, a supportive risk-on sentiment caused spreads to tighten over the majority of the financial year while nominal yields stayed anchored to lower levels due to continued policy support. Only later in the financial year, inflation concerns resurrected, spurring a steepening of the yield curve in response to the expectation of rising long-term yields.
Over the financial year, the subfund generated a positive performance. The strategy started the financial year in a lower-risk state and subsequently increased its risk expo- sure as a more sustainable recovery took shape over the course of the financial year, benefitting from the over- all risk-on environment towards the end of the financial year.
UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Annual report and audited financial statements as of 31 May 2021

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
Luxembourg	34.86
| Ireland | 27.97 |
| --- | --- |
| United States | 11.63 |
| Japan | 2.92 |
| Canada | 2.63 |
| Germany | 1.74 |
| United Kingdom | 1.61 |
| France | 1.54 |
| The Netherlands | 1.40 |
| Australia | 1.38 |
| Switzerland | 1.12 |
| South Korea | 0.87 |
| Philippines | 0.48 |
| Sweden | 0.47 |
| Supranationals | 0.44 |
| Hong Kong | 0.37 |
| Singapore | 0.36 |
| Norway | 0.36 |
| Kuwait | 0.36 |
| United Arab Emirates | 0.33 |
| Denmark | 0.31 |
| Spain | 0.30 |
| Qatar | 0.27 |
| Italy | 0.25 |
| Cayman Islands | 0.17 |
| Finland | 0.15 |
| Jersey | 0.11 |
| Saudi Arabia | 0.11 |
| Belgium | 0.11 |
| New Zealand | 0.09 |
| Israel | 0.06 |
| Austria | 0.06 |
| British Virgin Islands | 0.04 |
| Portugal | 0.02 |
| Macau | 0.01 |
| Isle of Man | 0.01 |
| China | 0.01 |
| Total | 94.92 |

Economic Breakdown as a % of net assets	
| Investment funds | 58.68 |
| --- | --- |
| Countries & central governments | 6.75 |
| Finance & holding companies | 6.38 |
| Banks & credit institutions | 4.00 |
| Supranational organisations | 2.79 |
| Pharmaceuticals, cosmetics & medical products | 1.39 |
| Internet, software & IT services | 1.32 |
| Petroleum | 1.26 |
| Cantons, federal states | 1.18 |
| Computer hardware & network equipment providers | 0.94 |
| Electronics & semiconductors | 0.84 |
| Food & soft drinks | 0.69 |
| Miscellaneous services | 0.62 |
| Retail trade, department stores | 0.62 |
| Insurance | 0.60 |
| Energy & water supply | 0.57 |
| Traffic & transportation | 0.53 |
| Vehicles | 0.51 |
| Chemicals | 0.48 |
| Telecommunications | 0.46 |
| Tobacco & alcohol | 0.42 |
| Mechanical engineering & industrial equipment | 0.39 |
| Real Estate | 0.37 |
| Building industry & materials | 0.33 |
| Biotechnology | 0.29 |
| Textiles, garments & leather goods | 0.28 |
| Electrical devices & components | 0.26 |
| Mining, coal & steel | 0.24 |
| Miscellaneous consumer goods | 0.22 |
| Public, non-profit institutions | 0.18 |
| Non-ferrous metals | 0.16 |
| Graphic design, publishing & media | 0.16 |
| Mortgage & funding institutions | 0.14 |
| Miscellaneous trading companies | 0.13 |
| Precious metals & stones | 0.12 |
| Aerospace industry | 0.12 |
| Lodging, catering & leisure | 0.11 |
| Various capital goods | 0.08 |
| Forestry, paper & pulp products | 0.06 |
| Watches & jewellery | 0.05 |
| Rubber & tyres | 0.05 |
| Agriculture & fishery | 0.04 |
| Healthcare & social services | 0.04 |
| Miscellaneous unclassified companies | 0.03 |
| Photographic & optics | 0.02 |
| Packaging industry | 0.01 |
| Environmental services & recycling | 0.01 |
| Total | 94.92 |


## Statement of Net Assets
Assets	31.5.2021
USD
Investments in securities, cost	1 563 614 908.62
| Investments in securities, unrealized appreciation (depreciation) | 	269 019 961.04	 |
| --- | --- |
| Total investments in securities (Note 1) | 1 832 634 869.66 |
| Cash at banks, deposits on demand and deposit accounts | 80 582 464.24 |
| Other liquid assets (Margins) | 12 466 518.52 |
| Receivable on securities sales (Note 1) | 62 723.47 |
| Receivable on subscriptions | 7 728 888.38 |
| Interest receivable on securities | 1 597 806.94 |
| Receivable on dividends | 707 782.79 |
| Other receivables | 493 791.94 |
| Unrealized gain on financial futures (Note 1) | 13 061 361.73 |
| Total Assets | 1 949 336 207.67 |
|  |  |
| Liabilities |  |
| Unrealized loss on forward foreign exchange contracts (Note 1) | -6 494 646.12 |
| Bank overdraft | -589.19 |
| Payable on securities purchases (Note 1) | -157 711.34 |
| Payable on redemptions | -8 229 714.63 |
| Provisions for flat fee (Note 2) | -3 212 450.68 |
| Provisions for taxe d’abonnement (Note 3) | -106 803.01 |
| Provisions for other commissions and fees (Note 2) | 	-343 214.79	 |
| Total provisions | -3 662 468.48 |
| Total Liabilities | -18 545 129.76 |
|  |  |
| Net assets at the end of the financial year | 1 930 791 077.91 |
| Statement of Operations | USD |
| Income | 1.6.2020-31.5.2021 |
| Interest on liquid assets | 81.22 |
| Interest on securities | 7 683 689.99 |
| Dividends | 7 195 100.00 |
| Income on securities lending (Note 15) | 487 352.23 |
| Other income (Note 4) | 472 401.66 |
| Total income | 15 838 625.10 |
|  |  |
| Expenses |  |
| Cost on securities lending (Note 15) | -194 940.89 |
| Flat fee (Note 2) | -26 050 428.76 |
| Taxe d’abonnement (Note 3) | -647 897.99 |
| Other commissions and fees (Note 2) | -407 314.57 |
| Interest on cash and bank overdraft | -176 964.35 |
| Total expenses | -27 477 546.56 |
|  |  |
| Net income (loss) on investments | -11 638 921.46 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 115 343 913.06 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 11 315.25 |
| Realized gain (loss) on financial futures | -57 644 741.79 |
| Realized gain (loss) on forward foreign exchange contracts | 46 138 881.01 |
| Realized gain (loss) on foreign exchange | 12 079 325.51 |
| Total realized gain (loss) | 115 928 693.04 |
|  |  |
| Net realized gain (loss) of the financial year | 104 289 771.58 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 203 687 927.62 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | 45 912.83 |
| Unrealized appreciation (depreciation) on financial futures | 91 312 843.94 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -15 808 399.41 |
| Total changes in unrealized appreciation (depreciation) | 279 238 284.98 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 383 528 056.56 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Annual report and audited financial statements as of 31 May 2021
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Net assets at the beginning of the financial year | 2 011 788 426.80 |
| Subscriptions | 206 352 918.57 |
| Redemptions | 	-661 191 845.58	 |
| Total net subscriptions (redemptions) | -454 838 927.01 |
| Dividend paid | -9 686 478.44 |
| Net income (loss) on investments | -11 638 921.46 |
| Total realized gain (loss) | 115 928 693.04 |
| Total changes in unrealized appreciation (depreciation) | 	279 238 284.98	 |
| Net increase (decrease) in net assets as a result of operations | 383 528 056.56 |
| Net assets at the end of the financial year | 1 930 791 077.91 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2020-31.5.2021 |
| Class | K-1-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 6.8000 |
| Number of shares issued | 0.7000 |
| Number of shares redeemed | 0.0000 |
| Number of shares outstanding at the end of the financial year | 7.5000 |
| Class | (EUR hedged) K-1-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 0.1000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.1000 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 22.5000 |
| Number of shares issued | 0.1000 |
| Number of shares redeemed | -1.6000 |
| Number of shares outstanding at the end of the financial year | 21.0000 |
| Class | (EUR hedged) K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 3.4000 |
| Number of shares issued | 3.1000 |
| Number of shares redeemed | -2.0000 |
| Number of shares outstanding at the end of the financial year | 4.5000 |
| Class | P-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 1 805 880.7630 |
| Number of shares issued | 37 216.6650 |
| Number of shares redeemed | -614 480.8830 |
| Number of shares outstanding at the end of the financial year | 1 228 616.5450 |
| Class | (HKD) P-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 339 434.5040 |
| Number of shares issued | 2 494.6290 |
| Number of shares redeemed | -147 897.4210 |
| Number of shares outstanding at the end of the financial year | 194 031.7120 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the financial year | 5 432 559.8130 |
| Number of shares issued | 420 751.2320 |
| Number of shares redeemed | -1 396 214.3120 |
| Number of shares outstanding at the end of the financial year | 4 457 096.7330 |
| Class | (HKD) P-acc |
| Number of shares outstanding at the beginning of the financial year | 426 426.3760 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -89 220.5830 |
| Number of shares outstanding at the end of the financial year | 337 205.7930 |
| Class | (AUD hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 711 040.5270 |
| Number of shares issued | 26 963.6280 |
| Number of shares redeemed | -225 089.8870 |
| Number of shares outstanding at the end of the financial year | 512 914.2680 |
| Class | (CAD hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 414 456.8890 |
| Number of shares issued | 21 535.7410 |
| Number of shares redeemed | -159 261.0520 |
| Number of shares outstanding at the end of the financial year | 276 731.5780 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 2 107 701.4960 |
| Number of shares issued | 187 192.1140 |
| Number of shares redeemed | -484 519.2390 |
| Number of shares outstanding at the end of the financial year | 1 810 374.3710 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 1 841 710.8150 |
| Number of shares issued | 261 331.2550 |
| Number of shares redeemed | -656 879.5880 |
| Number of shares outstanding at the end of the financial year | 1 446 162.4820 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Annual report and audited financial statements as of 31 May 2021
| Class | (GBP hedged) P-acc |
| --- | --- |
| Number of shares outstanding at the beginning of the financial year | 433 832.9910 |
| Number of shares issued | 57 353.0200 |
| Number of shares redeemed | -174 900.6350 |
| Number of shares outstanding at the end of the financial year | 316 285.3760 |
| Class | (SGD hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 480 359.5110 |
| Number of shares issued | 9 826.5780 |
| Number of shares redeemed | -192 536.2790 |
| Number of shares outstanding at the end of the financial year | 297 649.8100 |
| Class | Q-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 250 295.3380 |
| Number of shares issued | 52 120.5060 |
| Number of shares redeemed | -99 939.6440 |
| Number of shares outstanding at the end of the financial year | 202 476.2000 |
| Class | (HKD) Q-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 63 906.8490 |
| Number of shares issued | 1 149.4100 |
| Number of shares redeemed | -42 872.0000 |
| Number of shares outstanding at the end of the financial year | 22 184.2590 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the financial year | 1 444 940.2410 |
| Number of shares issued | 203 032.5560 |
| Number of shares redeemed | -531 523.3180 |
| Number of shares outstanding at the end of the financial year | 1 116 449.4790 |
| Class | (HKD) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 9 399.5640 |
| Number of shares issued | 16 478.5570 |
| Number of shares redeemed | -1 378.0000 |
| Number of shares outstanding at the end of the financial year | 24 500.1210 |
| Class | (CAD hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 101 986.0830 |
| Number of shares issued | 22 030.0150 |
| Number of shares redeemed | -11 874.2240 |
| Number of shares outstanding at the end of the financial year | 112 141.8740 |
| Class | (CHF hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 736 363.2800 |
| Number of shares issued | 71 558.5800 |
| Number of shares redeemed | -250 283.9820 |
| Number of shares outstanding at the end of the financial year | 557 637.8780 |
| Class | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 909 507.0590 |
| Number of shares issued | 90 240.7970 |
| Number of shares redeemed | -377 597.5010 |
| Number of shares outstanding at the end of the financial year | 622 150.3550 |
| Class | (GBP hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 99 035.6990 |
| Number of shares issued | 53 052.2990 |
| Number of shares redeemed | -39 512.4860 |
| Number of shares outstanding at the end of the financial year | 112 575.5120 |
| Class | (SEK hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 207 833.1350 |
| Number of shares issued | 5 174.6780 |
| Number of shares redeemed | -105 829.2530 |
| Number of shares outstanding at the end of the financial year | 107 178.5600 |
| Class | (SGD hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 313 436.1660 |
| Number of shares issued | 56 774.8170 |
| Number of shares redeemed | -101 846.1570 |
| Number of shares outstanding at the end of the financial year | 268 364.8260 |


## Monthly Distribution1
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Ex-Date	Pay-Date	Currency	Amount per share |
| --- |
| P-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.31 |
| P-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.31 |
| P-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.31 |
| P-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.32 |
| P-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.32 |
| P-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.31 |
| P-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.33 |
| P-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.33 |
| P-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.33 |
| P-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.34 |
| P-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.34 |
| P-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.35 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Annual report and audited financial statements as of 31 May 2021
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium | (USD) Ex-Date | Pay-Date | Currency | Amount per share |
| --- | --- | --- | --- | --- |
| (EUR hedged) K-1-4%-mdist | 10.6.2020 | 15.6.2020 | EUR | 8 888.37 |
| (EUR hedged) K-1-4%-mdist | 10.7.2020 | 15.7.2020 | EUR | 8 920.72 |
| (EUR hedged) K-1-4%-mdist | 10.8.2020 | 13.8.2020 | EUR | 9 024.22 |
| (EUR hedged) K-1-4%-mdist | 10.9.2020 | 15.9.2020 | EUR | 9 224.05 |
| (EUR hedged) K-1-4%-mdist | 12.10.2020 | 15.10.2020 | EUR | 9 057.31 |
| (EUR hedged) K-1-4%-mdist | 10.11.2020 | 13.11.2020 | EUR | 8 886.42 |
| (EUR hedged) K-1-4%-mdist | 10.12.2020 | 15.12.2020 | EUR | 9 380.96 |
| (EUR hedged) K-1-4%-mdist | 11.1.2021 | 14.1.2021 | EUR | 9 571.24 |
| (EUR hedged) K-1-4%-mdist | 10.2.2021 | 15.2.2021 | EUR | 9 525.90 |
| (EUR hedged) K-1-4%-mdist | 10.3.2021 | 15.3.2021 | EUR | 9 600.54 |
| (EUR hedged) K-1-4%-mdist | 12.4.2021 | 15.4.2021 | EUR | 9 693.05 |
| (EUR hedged) K-1-4%-mdist | 10.5.2021 | 13.5.2021 | EUR | 9 907.01 |
| (HKD) P-4%-mdist | 10.6.2020 | 15.6.2020 | HKD | 3.07 |
| (HKD) P-4%-mdist | 10.7.2020 | 15.7.2020 | HKD | 3.09 |
| (HKD) P-4%-mdist | 10.8.2020 | 13.8.2020 | HKD | 3.12 |
| (HKD) P-4%-mdist | 10.9.2020 | 15.9.2020 | HKD | 3.20 |
| (HKD) P-4%-mdist | 12.10.2020 | 15.10.2020 | HKD | 3.14 |
| (HKD) P-4%-mdist | 10.11.2020 | 13.11.2020 | HKD | 3.08 |
| (HKD) P-4%-mdist | 10.12.2020 | 15.12.2020 | HKD | 3.26 |
| (HKD) P-4%-mdist | 11.1.2021 | 14.1.2021 | HKD | 3.33 |
| (HKD) P-4%-mdist | 10.2.2021 | 16.2.2021 | HKD | 3.31 |
| (HKD) P-4%-mdist | 10.3.2021 | 15.3.2021 | HKD | 3.34 |
| (HKD) P-4%-mdist | 12.4.2021 | 15.4.2021 | HKD | 3.38 |
| (HKD) P-4%-mdist | 10.5.2021 | 13.5.2021 | HKD | 3.46 |
| K-1-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 15 533.16 |
| K-1-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 15 606.68 |
| K-1-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 15 806.92 |
| K-1-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 16 171.43 |
| K-1-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 15 896.26 |
| K-1-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 15 614.32 |
| K-1-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 16 502.17 |
| K-1-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 16 860.66 |
| K-1-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 16 791.46 |
| K-1-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 16 929.57 |
| K-1-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 17 117.57 |
| K-1-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 17 514.64 |
| Q-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.32 |
| Q-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.32 |
| Q-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.33 |
| Q-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.33 |
| Q-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.33 |
| Q-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.32 |
| Q-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.34 |
| Q-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.35 |
| Q-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.35 |
| Q-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.35 |
| Q-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.35 |
| Q-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.36 |
| (HKD) Q-4%-mdist | 10.6.2020 | 15.6.2020 | HKD | 3.20 |
| (HKD) Q-4%-mdist | 10.7.2020 | 15.7.2020 | HKD | 3.22 |
| (HKD) Q-4%-mdist | 10.8.2020 | 13.8.2020 | HKD | 3.26 |
| (HKD) Q-4%-mdist | 10.9.2020 | 15.9.2020 | HKD | 3.34 |
| (HKD) Q-4%-mdist | 12.10.2020 | 15.10.2020 | HKD | 3.28 |
| (HKD) Q-4%-mdist | 10.11.2020 | 13.11.2020 | HKD | 3.23 |
| (HKD) Q-4%-mdist | 10.12.2020 | 15.12.2020 | HKD | 3.41 |
| (HKD) Q-4%-mdist | 11.1.2021 | 14.1.2021 | HKD | 3.49 |
| (HKD) Q-4%-mdist | 10.2.2021 | 16.2.2021 | HKD | 3.47 |
| (HKD) Q-4%-mdist | 10.3.2021 | 15.3.2021 | HKD | 3.50 |
| (HKD) Q-4%-mdist | 12.4.2021 | 15.4.2021 | HKD | 3.55 |
| (HKD) Q-4%-mdist | 10.5.2021 | 13.5.2021 | HKD | 3.63 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 |  |  |  |
| Bearer shares |  |  |  |
| Australia |  |  |  |
| AUD	AFTERPAY LTD NPV | 3 177.00 | 228 160.57 | 0.01 |
| AUD	AGL ENERGY NPV | 8 549.00 | 53 732.91 | 0.00 |
| AUD	APA GROUP NPV | 14 866.00 | 106 209.86 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 7 750.00 | 246 254.33 | 0.01 |
| AUD	ASX LTD NPV | 2 544.00 | 150 169.91 | 0.01 |
| AUD	AURIZON HOLDINGS NPV | 23 639.00 | 66 237.92 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 37 804.00 | 840 117.37 | 0.04 |
| AUD	BLUESCOPE STEEL NPV | 7 010.00 | 115 195.90 | 0.01 |
| AUD	BRAMBLES LTD NPV | 19 231.00 | 161 063.88 | 0.01 |
| AUD	CMNWLTH BK OF AUST NPV | 23 546.00 | 1 817 474.91 | 0.09 |
| AUD	COCHLEAR LTD NPV | 886.00 | 155 705.92 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 7 091.00 | 86 228.87 | 0.00 |
| AUD	CROWN RESORTS LTD NPV | 4 610.00 | 45 960.61 | 0.00 |
| AUD	CSL NPV | 5 990.00 | 1 345 575.93 | 0.07 |
| AUD	DEXUS NPV (STAPLED) | 14 854.00 | 119 921.41 | 0.01 |
| AUD	DOMINOS PIZZA ENT NPV | 749.00 | 63 947.91 | 0.00 |
| AUD	EVOLUTION MINING NPV | 19 245.00 | 80 590.56 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 22 385.00 | 388 647.06 | 0.02 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 21 392.00 | 321 731.22 | 0.02 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 25 958.00 | 92 426.83 | 0.01 |
| AUD	INSURANCE AUST GRP NPV | 31 017.00 | 120 523.72 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 9 301.00 | 88 481.11 | 0.00 |
| AUD	MACQUARIE GP LTD NPV | 4 621.00 | 543 436.15 | 0.03 |
| AUD	MAGELLAN FINANCIAL NPV | 1 742.00 | 64 561.16 | 0.00 |
| AUD	MEDIBANK PRIVATE L NPV | 31 415.00 | 76 111.52 | 0.00 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 48 348.00 | 104 412.32 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 43 911.00 | 916 011.89 | 0.05 |
| AUD	NEWCREST MINING NPV | 10 728.00 | 235 169.52 | 0.01 |
| AUD	NTHN STAR RES LTD NPV | 15 035.00 | 136 162.75 | 0.01 |
| AUD	ORICA LIMITED NPV | 5 001.00 | 52 491.09 | 0.00 |
| AUD	ORIGIN ENERGY NPV | 23 392.00 | 71 883.11 | 0.00 |
| AUD	QANTAS AIRWAYS NPV | 11 865.00 | 43 257.13 | 0.00 |
| AUD	QBE INS GROUP NPV | 19 631.00 | 166 389.36 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 2 531.00 | 124 404.15 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 718.00 | 90 956.97 | 0.01 |
| AUD	REECE AUSTRALIA NPV | 3 380.00 | 53 581.60 | 0.00 |
| AUD	RIO TINTO LIMITED NPV | 4 953.00 | 474 364.69 | 0.02 |
| AUD	SANTOS LIMITED NPV | 28 059.00 | 147 038.10 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 66 925.00 | 140 904.97 | 0.01 |
| AUD	SEEK LIMITED NPV | 4 593.00 | 108 647.27 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 6 153.00 | 165 695.36 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 1 363.00 | 31 186.69 | 0.00 |
| AUD	SOUTH32 LTD NPV | 57 803.00 | 133 332.39 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 32 246.00 | 116 563.28 | 0.01 |
| AUD	SUNCORP GROUP LTD NPV | 17 393.00 | 149 709.13 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 16 605.00 | 75 447.70 | 0.00 |
| AUD	TABCORP HLDGS LTD NPV | 31 302.00 | 123 811.79 | 0.01 |
| AUD	TELSTRA CORP NPV | 48 788.00 | 132 930.52 | 0.01 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 35 799.00 | 384 617.80 | 0.02 |
| AUD	TREASURY WINE ESTA NPV | 9 428.00 | 84 945.73 | 0.00 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 49 834.00 | 60 175.45 | 0.00 |
| AUD	WESFARMERS LTD NPV | 15 000.00 | 643 119.44 | 0.03 |
| AUD	WESTPAC BKG CORP NPV | 48 184.00 | 985 382.12 | 0.05 |
| AUD	WISETECH GLOBAL LT NPV | 1 922.00 | 41 998.45 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 13 175.00 | 222 420.75 | 0.01 |
| AUD	WOOLWORTHS GRP LTD NPV | 16 568.00 | 533 754.04 | 0.03 |
| Total Australia |  | 14 129 233.10 | 0.73 |
| Austria |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 3 898.00 | 160 229.21 | 0.01 |
| EUR	OMV AG NPV(VAR) | 1 975.00 | 113 057.83 | 0.01 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 2 288.00 | 54 465.83 | 0.00 |
| EUR	VERBUND AG CLASS’A’NPV | 905.00 | 82 987.37 | 0.01 |
| EUR	VOESTALPINE AG NPV | 1 629.00 | 73 613.12 | 0.00 |
| Total Austria |  | 484 353.36 | 0.03 |
| Belgium |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 10 074.00 | 758 233.05 | 0.04 |
| EUR	COLRUYT SA NPV | 766.00 | 46 621.45 | 0.00 |
| EUR	ELIA SYS OPERATOR NPV | 452.00 | 48 411.07 | 0.00 |
| EUR	GPE BRUXELLES LAM NPV | 1 612.00 | 182 861.20 | 0.01 |
| EUR	PROXIMUS SA NPV | 2 452.00 | 49 780.76 | 0.00 |
| EUR	SOFINA NPV | 260.00 | 108 018.68 | 0.01 |
| EUR	SOLVAY SA NPV | 921.00 | 124 317.10 | 0.01 |
| EUR	UMICORE NPV | 2 664.00 | 159 827.84 | 0.01 |
| Total Belgium |  | 1 478 071.15 | 0.08 |
| Canada |  |  |  |
| CAD	AIR CANADA VAR VTG SHS NPV | 3 190.00 | 72 244.35 | 0.00 |
| CAD	ALGONQUIN PWR&UTIL COM NPV | 7 200.00 | 110 374.97 | 0.01 |
| CAD	ALTAGAS LTD COM NPV | 3 351.00 | 66 293.27 | 0.00 |
| CAD	ATCO LTD CL 1 NON VTG | 991.00 | 35 789.53 | 0.00 |
| CAD	B2GOLD CORP COM NPV | 14 600.00 | 74 685.87 | 0.00 |
| CAD	BALLARD POWER SYS COM NPV | 2 700.00 | 46 955.55 | 0.00 |
| CAD	CAE INC COM NPV | 3 680.00 | 113 315.12 | 0.01 |
| CAD	CAMECO CORP COM | 5 194.00 | 102 108.68 | 0.01 |
| CAD	CANADIAN UTILS LTD CL A | 1 583.00 | 45 900.58 | 0.00 |
| CAD	CANOPY GROWTH CORP COM NPV | 2 249.00 | 56 313.43 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| CAD | EMERA INC COM | 3 221.00 | 150 078.71 | 0.01 |
| CAD | EMPIRE LTD CL A | 2 146.00 | 71 888.60 | 0.00 |
| CAD | HYDRO ONE INC COM NPV | 4 260.00 | 108 219.02 | 0.01 |
| CAD | IGM FINANCIAL INC COM | 1 223.00 | 45 038.71 | 0.00 |
| CAD | IVANHOE MINES LTD COM NPV CL’A’ | 8 200.00 | 60 341.03 | 0.00 |
| CAD | KEYERA CORPORATION COM NPV | 2 799.00 | 70 015.55 | 0.00 |
| CAD | KINROSS GOLD CORP COM NPV | 17 136.00 | 138 012.81 | 0.01 |
| CAD | KIRKLAND LAKE GOLD COM NPV | 3 394.00 | 145 806.31 | 0.01 |
| CAD | LUNDIN MINING CORP COM | 9 350.00 | 99 296.83 | 0.01 |
| CAD | NORTHLAND POWER IN COM NPV | 2 429.00 | 81 610.06 | 0.00 |
| CAD | NUVEI CORPORATION SUB VOTING SHARES (CAD) | 700.00 | 52 594.16 | 0.00 |
| CAD | ONEX CORP SUB VTG | 1 136.00 | 82 503.63 | 0.00 |
| CAD | PAN AMER SILVER COM NPV | 2 726.00 | 91 927.19 | 0.01 |
| CAD | QUEBECOR INC CL B | 2 416.00 | 65 494.58 | 0.00 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 1 423.00 | 84 147.93 | 0.00 |
| CAD | TELUS CORPORATION NPV | 5 645.00 | 126 628.18 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 788.00 | 86 542.37 | 0.01 |
| CAD | TOROMONT INDS LTD COM | 1 100.00 | 97 926.50 | 0.01 |
| CAD | WEST FRASER TIMBER COM NPV | 1 113.00 | 86 066.10 | 0.01 |
| CAD | WSP GLOBAL INC COM NPV | 1 545.00 | 172 608.77 | 0.01 |
| CAD | YAMANA GOLD INC COM | 13 030.00 | 67 625.28 | 0.00 |
| Total Canada | 2 708 353.67 | 0.14 |
| Denmark |  |  |  |  |
| DKK | A.P. MOELLER-MAERSK SER’B’DKK1000 | 78.00 | 215 806.48 | 0.01 |
| DKK | A.P. MOLLER-MAERSK ‘A’DKK1000 | 39.00 | 103 222.94 | 0.01 |
| DKK | AMBU A/S SER’B’DKK0.5 | 2 171.00 | 81 016.12 | 0.00 |
| DKK | CHR. HANSEN HLDG DKK10 | 1 383.00 | 124 227.75 | 0.01 |
| DKK | DANSKE BANK A/S DKK10 | 9 108.00 | 169 194.88 | 0.01 |
| DKK | DSV PANALPINA A/S DKK1 | 2 684.00 | 649 716.01 | 0.03 |
| DKK | GENMAB AS DKK1 (BEARER) | 840.00 | 340 117.87 | 0.02 |
| DKK | GN STORE NORD DKK4 | 1 639.00 | 139 301.33 | 0.01 |
| DKK | NOVOZYMES A/S SER’B’DKK2 (POST CONS) | 2 747.00 | 200 415.69 | 0.01 |
| DKK | ORSTED A/S DKK10 | 2 448.00 | 371 368.24 | 0.02 |
| DKK | PANDORA A/S DKK1 | 1 306.00 | 176 825.65 | 0.01 |
| DKK | ROCKWOOL INTL SER’B’DKK10 | 92.00 | 45 781.08 | 0.00 |
| Total Denmark	2 616 994.04	0.14 |
| Finland |  |  |  |  |
| EUR | KESKO OYJ EUR2 SER’B’ | 3 904.00 | 134 939.09 | 0.01 |
| EUR | KONE CORPORATION NPV ORD ‘B’ | 4 713.00 | 381 121.79 | 0.02 |
| EUR | WARTSILA OYJ ABP SER’B’EUR3.50 | 6 771.00 | 91 478.12 | 0.00 |
| Total Finland	607 539.00	0.03 |
| France |  |  |  |  |
| EUR | ACCOR EUR3 | 2 302.00 | 92 485.79 | 0.01 |
| EUR | ADP EUR3 | 352.00 | 48 782.76 | 0.00 |
| EUR | AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 6 295.00 | 1 070 440.59 | 0.06 |
| EUR | AIRBUS EUR1 | 7 757.00 | 1 011 573.68 | 0.05 |
| EUR | ALSTOM EUR7.00 | 3 365.00 | 189 212.85 | 0.01 |
| EUR | AMUNDI EUR2.5 (AIW) | 855.00 | 75 998.09 | 0.00 |
| EUR | ARKEMA EUR10 | 926.00 | 121 991.74 | 0.01 |
| EUR | ATOS SE EUR1 | 1 301.00 | 87 232.21 | 0.00 |
| EUR | AXA EUR2.29 | 25 229.00 | 696 508.03 | 0.04 |
| EUR | BIOMERIEUX NPV (POST SPLIT) | 616.00 | 70 811.39 | 0.00 |
| EUR | BNP PARIBAS EUR2 | 14 969.00 | 1 022 158.20 | 0.05 |
| EUR | BOLLORE EUR0.16 | 12 352.00 | 64 516.48 | 0.00 |
| EUR | BOUYGUES EUR1 | 2 694.00 | 109 947.68 | 0.01 |
| EUR | BUREAU VERITAS EUR0.12 | 4 229.00 | 130 143.67 | 0.01 |
| EUR | CAPGEMINI EUR8 | 2 159.00 | 402 950.41 | 0.02 |
| EUR | CARREFOUR EUR2.50 | 8 293.00 | 169 531.38 | 0.01 |
| EUR | CIE DE ST-GOBAIN EUR4 | 6 835.00 | 458 120.47 | 0.02 |
| EUR | CNP ASSURANCES EUR1 | 2 273.00 | 41 213.81 | 0.00 |
| EUR | COVIVIO EUR3 | 700.00 | 66 020.65 | 0.00 |
| EUR | CREDIT AGRICOLE SA EUR3 | 14 975.00 | 223 408.66 | 0.01 |
| EUR | DANONE EUR0.25 | 8 290.00 | 590 915.30 | 0.03 |
| EUR | DASSAULT AVIATION EUR8 | 29.00 | 36 414.18 | 0.00 |
| EUR | DASSAULT SYSTEMES EUR0.50 | 1 796.00 | 413 374.30 | 0.02 |
| EUR | EDENRED EUR2 | 3 298.00 | 179 316.37 | 0.01 |
| EUR | EDF EUR0.5 | 6 581.00 | 91 928.52 | 0.01 |
| EUR | EIFFAGE EUR4 | 1 031.00 | 113 878.28 | 0.01 |
| EUR | ENGIE EUR1 | 24 046.00 | 357 208.08 | 0.02 |
| EUR | ESSILORLUXOTTICA EUR0.18 | 3 774.00 | 654 674.20 | 0.03 |
| EUR | EURAZEO NPV | 594.00 | 53 052.86 | 0.00 |
| EUR | FAURECIA EUR7 | 1 462.00 | 79 061.76 | 0.00 |
| EUR | GETLINK SE EUR0.40 | 6 268.00 | 100 354.45 | 0.01 |
| EUR | HERMES INTL NPV | 422.00 | 594 641.94 | 0.03 |
| EUR | ILIAD NPV | 218.00 | 36 222.47 | 0.00 |
| EUR | IPSEN EUR1 | 463.00 | 46 860.68 | 0.00 |
| EUR | KERING EUR4 | 997.00 | 912 164.27 | 0.05 |
| EUR | KLEPIERRE EUR1.40 | 2 350.00 | 67 923.10 | 0.00 |
| EUR | L’OREAL EUR0.20 | 3 360.00 | 1 513 014.70 | 0.08 |
| EUR | LEGRAND SA EUR4 | 3 557.00 | 372 445.45 | 0.02 |
| EUR | LVMH MOET HENNESSY EUR0.30 | 3 699.00 | 2 948 723.69 | 0.15 |
| EUR | NATIXIS EUR1.6 | 11 397.00 | 56 518.50 | 0.00 |
| EUR | ORANGE EUR4 | 27 166.00 | 345 763.05 | 0.02 |
| EUR | ORPEA EUR2.5 | 646.00 | 80 957.77 | 0.00 |
| EUR | PERNOD RICARD EUR1.55 | 2 812.00 | 619 372.24 | 0.03 |
| EUR | PUBLICIS GROUPE SA EUR0.40 | 2 833.00 | 192 239.09 | 0.01 |
| EUR | REMY COINTREAU EUR1.60 | 320.00 | 66 864.28 | 0.00 |
| EUR | RENAULT SA EUR3.81 | 2 435.00 | 100 731.97 | 0.01 |
| EUR | SAFRAN EUR0.20 | 4 409.00 | 659 601.63 | 0.03 |
| EUR | SANOFI EUR2 | 15 149.00 | 1 610 851.80 | 0.08 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 384.00 | 166 389.95 | 0.01 |
| EUR | SCHNEIDER ELECTRIC EUR8 | 7 265.00 | 1 149 402.26 | 0.06 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | SCOR SE EUR7.876972 (POST CONS) | 2 028.00 | 65 955.61 | 0.00 |
| EUR | SEB SA EUR1 | 367.00 | 68 338.92 | 0.00 |
| EUR | SOC GENERALE EUR1.25 | 10 518.00 | 336 991.92 | 0.02 |
| EUR | SODEXO EUR4 | 1 099.00 | 106 420.43 | 0.01 |
| EUR | SUEZ EUR4 | 4 451.00 | 108 622.62 | 0.01 |
| EUR | TELEPERFORMANCE EUR2.50 | 796.00 | 306 177.97 | 0.02 |
| EUR | THALES EUR3 | 1 378.00 | 141 288.31 | 0.01 |
| EUR | TOTAL SE EUR2.5 | 33 486.00 | 1 551 893.54 | 0.08 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 1 266.00 | 92 810.58 | 0.01 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 1 784.00 | 155 258.36 | 0.01 |
| EUR | VALEO EUR1 (POST SUBD) | 2 868.00 | 93 800.49 | 0.01 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 7 121.00 | 223 756.81 | 0.01 |
| EUR | VINCI EUR2.50 | 6 810.00 | 773 674.82 | 0.04 |
| EUR | VIVENDI SA EUR5.50 | 10 106.00 | 367 223.32 | 0.02 |
| EUR | WENDEL EUR4 | 375.00 | 52 359.99 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 3 143.20 | 300 832.67 | 0.02 |
| Total France | 25 109 322.04 | 1.30 |
| Germany |  |  |  |  |
| EUR | BAYERISCHE MOTOREN WERKE AG EUR1 | 4 371.00 | 463 342.41 | 0.02 |
| EUR | BECHTLE AG NPV | 355.00 | 68 404.82 | 0.00 |
| EUR | BEIERSDORF AG NPV | 1 334.00 | 157 947.50 | 0.01 |
| EUR | CARL ZEISS MEDITEC NPV | 542.00 | 100 527.99 | 0.01 |
| EUR | COMMERZBANK AG NPV | 13 090.00 | 105 597.62 | 0.01 |
| EUR | CONTINENTAL AG ORD NPV | 1 425.00 | 210 641.20 | 0.01 |
| EUR | COVESTRO AG NPV | 2 362.00 | 165 476.63 | 0.01 |
| EUR | DEUTSCHE WOHNEN AG NPV (BR) | 4 610.00 | 294 220.94 | 0.02 |
| EUR | FRESENIUS MED CARE NPV | 2 943.00 | 235 182.20 | 0.01 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 5 453.00 | 294 319.60 | 0.01 |
| EUR | GEA GROUP AG NPV | 1 971.00 | 86 441.07 | 0.00 |
| EUR | HEIDELBERGCEMENT NPV | 1 817.00 | 165 861.30 | 0.01 |
| EUR | HELLOFRESH SE NPV | 1 969.00 | 179 977.06 | 0.01 |
| EUR | HENKEL AG & CO KGAA | 1 482.00 | 146 316.36 | 0.01 |
| EUR | KION GROUP AG NPV | 953.00 | 101 860.51 | 0.01 |
| EUR | KNORR BREMSE AG NPV | 1 022.00 | 127 079.06 | 0.01 |
| EUR | LANXESS AG NPV | 1 089.00 | 81 618.86 | 0.00 |
| EUR | MERCK KGAA NPV | 1 729.00 | 311 915.07 | 0.02 |
| EUR | NEMETSCHEK SE ORD NPV | 768.00 | 56 790.43 | 0.00 |
| EUR | PUMA SE NPV | 1 281.00 | 146 942.26 | 0.01 |
| EUR | RATIONAL AG NPV | 85.00 | 76 385.06 | 0.00 |
| EUR | RWE AG (NEU) NPV | 8 533.00 | 321 854.12 | 0.02 |
| EUR | SAP AG ORD NPV | 13 876.00 | 1 925 922.58 | 0.10 |
| EUR | SYMRISE AG NPV (BR) | 1 758.00 | 233 211.93 | 0.01 |
| EUR | TEAMVIEWER AG NPV | 2 013.00 | 79 668.86 | 0.00 |
| EUR | VOLKSWAGEN AG ORD NPV | 471.00 | 167 923.15 | 0.01 |
| EUR | ZALANDO SE NPV | 2 047.00 | 218 791.68 | 0.01 |
| Total Germany |  | 6 524 220.27 | 0.34 |
| Hong Kong |  |  |  |
| HKD	AIA GROUP LTD NPV | 159 400.00 | 2 037 349.41 | 0.11 |
| HKD	BANK OF EAST ASIA NPV | 16 600.00 | 33 408.32 | 0.00 |
| HKD	BOC HONG KONG HLDG HKD5 | 49 500.00 | 178 897.22 | 0.01 |
| HKD	CHOW TAI FOOK JEWE HKD1 | 12 400.00 | 23 805.29 | 0.00 |
| HKD	CK ASSET HOLDINGS HKD1 | 36 000.00 | 238 413.67 | 0.01 |
| HKD	CK HUTCHISON HLDGS HKD1.0 | 36 500.00 | 285 696.34 | 0.02 |
| HKD	CK INFRASTRUCTURE HKD1 | 9 500.00 | 59 181.45 | 0.00 |
| HKD	CLP HOLDINGS HKD5 | 20 000.00 | 203 187.61 | 0.01 |
| HKD	GALAXY ENTERTAINME HKD0.10 | 29 000.00 | 235 025.06 | 0.01 |
| HKD	HANG LUNG PROP HKD1 | 26 000.00 | 65 592.10 | 0.00 |
| HKD	HANG SENG BANK HKD5 | 10 500.00 | 218 082.02 | 0.01 |
| HKD	HENDERSON LAND DEV HKD2 | 19 000.00 | 90 822.41 | 0.01 |
| HKD	HKT TRUST AND HKT SHARE STAPLED UNIT | 37 000.00 | 50 151.39 | 0.00 |
| HKD	HONG KONG EXCHANGE HKD1 | 15 800.00 | 988 963.19 | 0.05 |
| USD	HONGKONG LAND HLD ORD USD0.10(SINGAPORE REG) | 14 300.00 | 69 498.00 | 0.00 |
| HKD	HONGKONG&CHINA GAS HKD0.25 | 126 000.00 | 219 164.32 | 0.01 |
| USD	JARDINE MATHESON COM USD0.25(BERMUDA REG) | 2 900.00 | 187 949.00 | 0.01 |
| HKD	MTR CORP HKD1 | 20 500.00 | 114 104.60 | 0.01 |
| HKD	POWER ASSETS HOLDINGS LTD HKD1 | 17 500.00 | 106 989.16 | 0.01 |
| HKD	SINO LAND CO HKD1 | 38 000.00 | 59 634.34 | 0.00 |
| HKD	SJM HOLDINGS LTD. HKD1.00 | 31 000.00 | 35 068.87 | 0.00 |
| HKD	SUN HUNG KAI PROP NPV | 17 500.00 | 268 769.41 | 0.01 |
| HKD	SWIRE PACIFIC ‘A’HKD0.60 | 7 500.00 | 56 337.21 | 0.00 |
| HKD	SWIRE PROPERTIES LTD HKD1 | 15 000.00 | 44 161.42 | 0.00 |
| HKD	TECHTRONIC INDUSTR HKD0.1 | 17 500.00 | 323 109.53 | 0.02 |
| HKD	THE LINK REAL ESTATE INVESTMENT TRUST | 28 200.00 | 268 509.14 | 0.01 |
| HKD	WH GROUP LTD USD0.0001 | 127 500.00 | 108 915.39 | 0.01 |
| HKD	WHARF REAL ESTATE HKD0.1 | 23 000.00 | 134 835.66 | 0.01 |
| HKD	XINYI GLASS HLDGS HKD0.1 | 22 000.00 | 87 871.88 | 0.01 |
| Total Hong Kong |  | 6 793 493.41 | 0.35 |
| Ireland |  |  |  |
| GBP	DCC ORD EUR0.25 | 1 309.00 | 111 421.32 | 0.01 |
| EUR	FLUTTER ENTERTAINM ORD EUR0.09 | 2 184.00 | 406 414.73 | 0.02 |
| EUR	KERRY GROUP 'A'ORD EUR0.125(DUBLIN LIST) | 2 246.00 | 303 715.55 | 0.01 |
| Total Ireland |  | 821 551.60 | 0.04 |
| Israel |  |  |  |
| ILS	AZRIELI GROUP ILS0.01 | 352.00 | 26 840.20 | 0.00 |
| ILS	BANK HAPOALIM B.M. ILS1 | 13 536.00 | 114 838.28 | 0.01 |
| ILS	BK LEUMI LE ISRAEL ILS1 | 17 529.00 | 137 059.13 | 0.01 |
| USD	CHECK POINT SFTWRE ORD ILS0.01 | 1 399.00 | 163 655.02 | 0.01 |
| USD	CYBER-ARK SOFTWARE COM ILS0.01 | 500.00 | 63 270.00 | 0.00 |
| ILS	ICL GROUP LTD ILS1 | 8 479.00 | 61 468.51 | 0.00 |
| ILS	ISRAEL DISCOUNT BK ILS0.10 SER’A’ | 14 763.00 | 73 349.18 | 0.00 |
| ILS	NICE SYSTEMS ILS1 | 829.00 | 181 188.24 | 0.01 |
| USD	WIX.COM LTD COM ILS0.01 | 700.00 | 181 902.00 | 0.01 |
| Total Israel |  | 1 003 570.56 | 0.05 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Italy |  |  |  |  |
| EUR | AMPLIFON EUR0.02 | 1 560.00 | 74 290.66 | 0.00 |
| EUR | ASSIC GENERALI SPA EUR1 | 15 905.00 | 326 988.67 | 0.02 |
| EUR | DIASORIN SPA EUR1 | 359.00 | 63 491.42 | 0.00 |
| EUR | FINECOBANK SPA EUR0.33 | 7 999.00 | 134 328.00 | 0.01 |
| EUR | INFRASTRUTTURE WIR NPV | 4 622.00 | 51 741.36 | 0.00 |
| EUR | POSTE ITALIANE SPA NPV | 5 433.00 | 76 822.34 | 0.01 |
| EUR | TELECOM ITALIA SPA DI RISP EUR0.55 | 78 157.00 | 44 778.79 | 0.00 |
| EUR | TELECOM ITALIA SPA EUR0.55 | 101 335.00 | 54 341.33 | 0.00 |
| Total Italy |  |  | 826 782.57 | 0.04 |
| Japan |  |  |  |  |
| JPY | ACOM CO NPV | 4 700.00 | 21 009.19 | 0.00 |
| JPY | ADVANTEST CORP NPV | 3 000.00 | 271 218.98 | 0.02 |
| JPY | AISIN CORPORATION NPV | 2 600.00 | 114 082.00 | 0.01 |
| JPY | ASAHI INTECC CO LT NPV | 2 600.00 | 64 361.26 | 0.00 |
| JPY | AZBIL CORP NPV | 1 700.00 | 68 142.97 | 0.00 |
| JPY | BANDAI NAMCO HLDGS NPV | 2 600.00 | 186 357.69 | 0.02 |
| JPY | CAPCOM CO LTD NPV | 2 200.00 | 72 398.19 | 0.00 |
| JPY | CENTRAL JAPAN RLWY NPV | 1 900.00 | 282 494.63 | 0.02 |
| JPY | CHIBA BANK NPV | 5 300.00 | 33 720.01 | 0.00 |
| JPY | CHUGAI PHARM CO NPV | 8 800.00 | 337 697.33 | 0.02 |
| JPY | CONCORDIA FINANCIA NPV | 14 500.00 | 53 151.42 | 0.00 |
| JPY | COSMOS PHARMACEUTI NPV | 300.00 | 41 766.08 | 0.00 |
| JPY | CYBER AGENT NPV | 6 400.00 | 128 590.89 | 0.01 |
| JPY | DAI-ICHI LIFE HOLD NPV | 13 900.00 | 283 730.52 | 0.02 |
| JPY | DAIFUKU CO LTD NPV | 1 300.00 | 109 328.58 | 0.01 |
| JPY | DAIICHI SANKYO COM NPV | 22 300.00 | 515 736.55 | 0.03 |
| JPY | DAIKIN INDUSTRIES NPV | 3 300.00 | 651 734.54 | 0.04 |
| JPY | DAITO TRUST CONST NPV | 900.00 | 94 775.81 | 0.00 |
| JPY | DAIWA HOUSE INDS NPV | 7 400.00 | 216 869.14 | 0.01 |
| JPY | DAIWA HOUSE REIT I REIT | 27.00 | 75 524.48 | 0.00 |
| JPY | DISCO CORPORATION NPV | 400.00 | 122 857.53 | 0.01 |
| JPY | EISAI CO NPV | 3 300.00 | 221 960.78 | 0.01 |
| JPY | FANUC CORP NPV | 2 500.00 | 601 032.95 | 0.03 |
| JPY | FAST RETAILING CO NPV | 800.00 | 652 095.62 | 0.04 |
| JPY | FUJI ELECTRIC CO L NPV | 2 000.00 | 93 788.56 | 0.00 |
| JPY | GLP J-REIT REIT | 69.00 | 117 885.64 | 0.01 |
| JPY | GMO PAYMENT GATEWA NPV | 600.00 | 72 069.11 | 0.00 |
| JPY | HANKYU HANSHIN HLD NPV | 3 000.00 | 93 788.56 | 0.00 |
| JPY | HARMONIC DRIVE SYS NPV | 300.00 | 16 179.90 | 0.00 |
| JPY | HIKARI TSUSHIN INC NPV | 300.00 | 59 728.51 | 0.00 |
| JPY | HIROSE ELECTRIC NPV | 220.00 | 31 352.44 | 0.00 |
| JPY | HISAMITSU PHARM CO NPV | 900.00 | 49 362.40 | 0.00 |
| JPY | HOSHIZAKI CORPORAT NPV | 600.00 | 53 366.24 | 0.00 |
| JPY | HULIC CO LTD NPV | 3 300.00 | 37 134.24 | 0.00 |
| JPY | IBIDEN CO LTD NPV | 1 300.00 | 60 368.39 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 2 058.00 | 48 630.47 | 0.00 |
| JPY | ISUZU MOTORS NPV | 6 200.00 | 81 782.53 | 0.00 |
| JPY | ITO EN LTD NPV | 500.00 | 27 697.79 | 0.00 |
| JPY | ITOCHU TECHNO-SOLU NPV | 900.00 | 28 383.38 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 7 400.00 | 171 141.28 | 0.01 |
| JPY | JAPAN POST INSURAN NPV | 2 400.00 | 46 071.58 | 0.00 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 22.00 | 132 730.01 | 0.01 |
| JPY | JSR CORP NPV | 3 500.00 | 103 181.13 | 0.02 |
| JPY | KAJIMA CORP NPV | 5 100.00 | 70 629.37 | 0.00 |
| JPY | KAKAKU.COM. INC NPV | 1 800.00 | 54 874.54 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 10 300.00 | 97 732.07 | 0.02 |
| JPY | KANSAI PAINT CO NPV | 1 900.00 | 51 323.18 | 0.00 |
| JPY | KAO CORP NPV | 6 300.00 | 385 561.50 | 0.02 |
| JPY | KEIO CORPORATION NPV | 1 400.00 | 87 024.09 | 0.00 |
| JPY | KEISEI ELEC RY CO NPV | 1 700.00 | 52 447.55 | 0.00 |
| JPY | KIKKOMAN CORP NPV | 1 900.00 | 123 488.28 | 0.01 |
| JPY | KINTETSU GROUP HOL NPV | 2 500.00 | 88 212.45 | 0.00 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 10 800.00 | 218 329.91 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 800.00 | 71 081.86 | 0.00 |
| JPY | KOBE BUSSAN CO LTD NPV | 1 600.00 | 40 425.98 | 0.00 |
| JPY | KOEI TECMO HOLDING NPV | 520.00 | 24 670.23 | 0.00 |
| JPY | KOITO MFG CO LTD NPV | 1 300.00 | 84 491.98 | 0.00 |
| JPY | KOMATSU NPV | 11 400.00 | 333 783.08 | 0.02 |
| JPY | KOSE CORPORATION NPV | 400.00 | 62 781.66 | 0.00 |
| JPY | KURITA WATER INDS NPV | 1 800.00 | 82 764.29 | 0.00 |
| JPY | LASERTEC CORP NPV | 1 100.00 | 207 139.27 | 0.01 |
| JPY | LION CORP NPV | 2 700.00 | 47 313.87 | 0.00 |
| JPY | M3 INC NPV | 5 800.00 | 392 710.82 | 0.02 |
| JPY | MAKITA CORP NPV | 2 800.00 | 135 143.29 | 0.01 |
| JPY | MCDONALD’S HOLDING NPV | 700.00 | 31 706.20 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 1 500.00 | 93 240.09 | 0.00 |
| JPY | MINEBEA MITSUMI INC | 4 800.00 | 130 755.52 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 3 800.00 | 122 272.50 | 0.01 |
| JPY | MITSUBISHI GAS CHM NPV | 3 100.00 | 72 346.09 | 0.00 |
| JPY | MITSUBISHI HC CAPI NPV | 5 200.00 | 28 995.84 | 0.00 |
| JPY | MITSUI CHEMICALS NPV | 2 800.00 | 93 934.82 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 12 000.00 | 279 665.43 | 0.02 |
| JPY | MIURA CO LTD NPV | 1 100.00 | 50 578.18 | 0.00 |
| JPY | MONOTARO CO.LTD NPV | 4 000.00 | 92 947.58 | 0.00 |
| JPY | NABTESCO CORP NPV | 1 800.00 | 82 599.75 | 0.00 |
| JPY | NH FOODS LTD NPV | 1 500.00 | 59 989.03 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 5 900.00 | 675 780.43 | 0.05 |
| JPY | NIHON M&A CENTER I NPV | 4 400.00 | 105 379.59 | 0.01 |
| JPY | NIPPON BUILDING FD REIT | 22.00 | 139 567.62 | 0.01 |
| JPY | NIPPON EXPRESS CO NPV | 1 100.00 | 88 185.02 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 9 500.00 | 137 556.56 | 0.01 |
| JPY | NIPPON SANSO HOLDI NPV | 1 900.00 | 37 515.43 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 600.00 | 43 000.14 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 10 600.00 | 199 122.45 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| JPY | NISSAN CHEMICAL CO NPV | 1 600.00 | 82 928.84 | 0.00 |
| JPY | NISSHIN SEIFUN GRP NPV | 2 200.00 | 33 061.84 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 700.00 | 50 742.72 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 1 100.00 | 190 698.84 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 2 100.00 | 162 978.20 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 1 400.00 | 35 923.03 | 0.00 |
| JPY | NSK LTD NPV | 3 600.00 | 34 191.69 | 0.00 |
| JPY | OBAYASHI CORP NPV | 7 600.00 | 64 054.12 | 0.00 |
| JPY | OBIC CO LTD NPV | 1 000.00 | 187 577.13 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 4 000.00 | 103 368.53 | 0.01 |
| JPY | OJI HOLDINGS CO NPV | 13 200.00 | 78 310.71 | 0.00 |
| JPY | OLYMPUS CORP NPV | 15 300.00 | 328 811.19 | 0.02 |
| JPY | ONO PHARMACEUTICAL NPV | 4 600.00 | 104 156.50 | 0.01 |
| JPY | ORACLE CORP JAPAN NPV | 500.00 | 45 568.81 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 2 600.00 | 387 641.12 | 0.02 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 5 900.00 | 116 279.54 | 0.01 |
| JPY | PEPTIDREAM INC NPV | 1 200.00 | 56 273.14 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 1 300.00 | 24 658.35 | 0.00 |
| JPY | PIGEON CORP NPV | 1 400.00 | 39 480.78 | 0.00 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 500.00 | 13 017.05 | 0.00 |
| JPY | RAKUTEN GROUP INC NPV | 10 600.00 | 121 605.19 | 0.01 |
| JPY | RECRUIT HLDGS CO L NPV | 17 800.00 | 903 871.29 | 0.05 |
| JPY | RINNAI CORP NPV | 500.00 | 48 722.52 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 2 300.00 | 43 710.41 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 2 600.00 | 65 668.45 | 0.00 |
| JPY | SCSK CORP | 500.00 | 29 023.26 | 0.00 |
| JPY | SECOM CO NPV | 3 000.00 | 235 019.88 | 0.02 |
| JPY | SEKISUI HOUSE NPV | 8 500.00 | 177 000.78 | 0.01 |
| JPY | SHARP CORP NPV | 2 500.00 | 45 660.22 | 0.00 |
| JPY | SHIMANO INC NPV | 1 000.00 | 226 701.40 | 0.01 |
| JPY | SHIMIZU CORP NPV | 9 400.00 | 77 076.65 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 4 700.00 | 810 078.16 | 0.04 |
| JPY | SHIONOGI & CO NPV | 3 400.00 | 172 711.73 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 5 200.00 | 376 898.40 | 0.02 |
| JPY | SHIZUOKA BANK NPV | 8 000.00 | 63 403.26 | 0.00 |
| JPY | SMC CORP NPV | 800.00 | 479 144.38 | 0.03 |
| JPY | SQUARE-ENIX HOLDIN NPV | 1 000.00 | 53 475.94 | 0.00 |
| JPY | STANLEY ELECTRIC NPV | 1 700.00 | 50 660.45 | 0.00 |
| JPY | SUMITOMO METAL MNG NPV | 3 000.00 | 134 594.82 | 0.01 |
| JPY | SUNTORY BEVERAGE & NPV | 2 000.00 | 73 769.37 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 5 300.00 | 229 790.21 | 0.02 |
| JPY | SYSMEX CORP NPV | 2 200.00 | 224 434.39 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 8 200.00 | 111 687.01 | 0.01 |
| JPY | TAISEI CORP NPV | 3 000.00 | 104 757.99 | 0.02 |
| JPY | TAISHO PHARM H NPV | 400.00 | 22 743.27 | 0.00 |
| JPY | TERUMO CORP NPV | 8 400.00 | 323 806.39 | 0.02 |
| JPY | THK CO LTD NPV | 2 000.00 | 65 085.24 | 0.00 |
| JPY | TIS INC. NPV | 2 400.00 | 61 757.85 | 0.00 |
| JPY | TOBU RAILWAY CO NPV | 2 500.00 | 63 691.21 | 0.00 |
| JPY | TOHO CO LTD NPV | 1 900.00 | 78 765.03 | 0.00 |
| JPY | TOHO GAS CO NPV | 1 000.00 | 54 847.11 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 4 500.00 | 36 610.45 | 0.00 |
| JPY | TOKYO CENTURY CORP NPV | 400.00 | 23 547.69 | 0.00 |
| JPY | TOKYO GAS CO NPV | 5 000.00 | 99 021.89 | 0.02 |
| JPY | TOKYU CORP NPV | 6 700.00 | 89 786.55 | 0.00 |
| JPY | TORAY INDS INC NPV | 17 600.00 | 114 324.79 | 0.01 |
| JPY | TOSOH CORP NPV | 3 100.00 | 54 209.97 | 0.00 |
| JPY | TOTO LTD NPV | 1 800.00 | 97 079.39 | 0.02 |
| JPY | TOYO SUISAN KAISHA NPV | 1 000.00 | 40 129.80 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 2 000.00 | 170 757.35 | 0.01 |
| JPY | TOYOTA TSUSHO CORP NPV | 2 800.00 | 125 545.04 | 0.01 |
| JPY | TSURUHA HOLDINGS I NPV | 500.00 | 60 788.88 | 0.00 |
| JPY | USS CO LTD NPV | 2 500.00 | 43 740.57 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 1 100.00 | 33 634.99 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 1 500.00 | 81 036.61 | 0.00 |
| JPY | YAMAHA CORP NPV | 1 400.00 | 84 080.63 | 0.00 |
| JPY | YAMATO HOLDINGS CO NPV | 4 100.00 | 112 811.37 | 0.02 |
| JPY | ZOZO INC NPV | 920.00 | 31 158.65 | 0.00 |
| Total Japan | 20 790 495.85 | 1.08 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 133 078.00 | 608 088.18 | 0.03 |
| Total Jersey |  | 608 088.18 | 0.03 |
| Luxembourg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 13 795.00 | 115 805.09 | 0.01 |
| Total Luxembourg |  | 115 805.09 | 0.01 |
| Macau |  |  |  |
| HKD	SANDS CHINA LTD USD0.01 REG’S’ | 33 600.00 | 149 572.88 | 0.01 |
| HKD	WYNN MACAU LTD HKD0.10 | 25 600.00 | 43 209.26 | 0.00 |
| Total Macau |  | 192 782.14 | 0.01 |
| The Netherlands |  |  |  |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 2 638.00 | 339 629.43 | 0.02 |
| EUR	ARGEN X NV EUR0.10 | 594.00 | 163 915.55 | 0.01 |
| EUR	ASM INTL NV EUR0.04 | 568.00 | 178 616.45 | 0.01 |
| EUR	EXOR NV EUR0.01 | 1 486.00 | 127 543.42 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 1 770.00 | 178 537.47 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 3 518.00 | 419 891.22 | 0.02 |
| EUR	ING GROEP N.V. EUR0.01 | 51 383.00 | 712 417.64 | 0.04 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 1 694.00 | 153 763.59 | 0.01 |
| EUR	KON KPN NV EUR0.04 | 49 715.00 | 165 211.03 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 13 662.00 | 394 628.32 | 0.02 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 12 076.00 | 679 546.30 | 0.03 |
| EUR	QIAGEN NV EUR0.01 | 3 110.00 | 153 200.37 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | RANDSTAD N.V. EUR0.10 | 1 611.00 | 125 547.99 | 0.01 |
| GBP | ROYAL DUTCH SHELL ‘B’SHS EUR0.07 (UK LIST) | 48 953.00 | 893 214.75 | 0.04 |
| EUR | STMICROELECTRONICS EUR1.04 | 8 354.00 | 313 161.79 | 0.01 |
| EUR | VOPAK(KON) EUR0.50 | 1 121.00 | 53 014.45 | 0.00 |
| EUR | WOLTERS KLUWER EUR0.12 | 3 889.00 | 372 973.24 | 0.02 |

Total The Netherlands	5 424 813.01	0.28
New Zealand
| NZD | AUCKLAND INTL NPV | 15 331.00 | 81 363.46 | 0.00 |
| --- | --- | --- | --- | --- |
| NZD | FISHER & PAYKEL HE NPV | 7 488.00 | 162 393.15 | 0.02 |
| NZD | MERCURY NZ LTD NPV | 5 403.00 | 25 783.34 | 0.00 |
| NZD | MERIDIAN ENERGY LT NPV | 15 948.00 | 60 721.05 | 0.00 |
| NZD | RYMAN HEALTHCARE G NPV | 5 971.00 | 56 987.70 | 0.00 |
| NZD | SPARK NEW ZEALAND NPV | 21 585.00 | 71 183.88 | 0.00 |
| NZD | THE A2 MILK CO LTD NPV | 9 440.00 | 40 271.80 | 0.00 |
| AUD | XERO LIMITED NPV | 1 577.00 | 161 922.78 | 0.01 |
| Total New Zealand	660 627.16	0.03 |
| Norway |  |  |  |  |
| NOK | GJENSIDIGE FORSIKR NOK2 | 1 887.00 | 42 347.92 | 0.00 |
| NOK | ORKLA ASA NOK1.25 | 8 480.00 | 88 456.82 | 0.00 |
| NOK | SCHIBSTED ASA SER’A’NOK0.50 | 824.00 | 40 411.34 | 0.00 |
| NOK | SCHIBSTED ASA SER’B’NOK0.5 | 1 068.00 | 44 726.53 | 0.00 |
| NOK | YARA INTERNATIONAL NOK1.7 | 2 107.00 | 112 780.25 | 0.02 |
| Total Norway |  | 328 722.86 | 0.02 |
| Papua New Guinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 26 863.00 | 75 687.63 | 0.00 |
| Total Papua New Guinea |  | 75 687.63 | 0.00 |
| Poland |  |  |  |
| EUR	INPOST S.A. EUR0.01 | 2 668.00 | 53 451.63 | 0.00 |
| Total Poland |  | 53 451.63 | 0.00 |
| Singapore |  |  |  |
| SGD	CAPITALAND SGD1 | 33 200.00 | 91 988.34 | 0.00 |
| SGD	CITY DEVELOPMENTS SGD0.50 | 7 200.00 | 41 806.28 | 0.00 |
| SGD	DBS GROUP HLDGS SGD1 | 24 100.00 | 547 880.69 | 0.04 |
| SGD	KEPPEL CORP NPV | 17 700.00 | 71 419.05 | 0.00 |
| SGD	MAPLETREE LOGISTICS TRUST-UNITS REIT | 22 900.00 | 34 498.66 | 0.00 |
| SGD	OVERSEA-CHINESE BK NPV | 44 100.00 | 412 639.39 | 0.03 |
| SGD	SINGAPORE AIRLINES NPV | 17 500.00 | 65 975.25 | 0.00 |
| SGD	SINGAPORE EXCHANGE SGD0.01 | 10 400.00 | 81 329.35 | 0.00 |
| SGD	SINGAPORE TECH ENG NPV | 21 600.00 | 63 281.73 | 0.00 |
| SGD	UOL GROUP LIMITED SGD1 | 5 300.00 | 29 650.63 | 0.00 |
| SGD	UTD O/S BANK SGD1 | 16 500.00 | 325 640.64 | 0.03 |
| SGD	VENTURE CORP LTD SGD0.25 | 3 700.00 | 53 275.29 | 0.00 |
| SGD	WILMAR INTERNATIONAL LTD | 24 600.00 | 88 831.52 | 0.00 |
| Total Singapore |  | 1 908 216.82 | 0.10 |
| Spain |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 3 576.00 | 111 491.01 | 0.01 |
| EUR	AENA SME S.A. EUR10 | 870.00 | 152 641.74 | 0.01 |
| EUR	AMADEUS IT GROUP EUR0.01 | 6 024.00 | 454 730.14 | 0.02 |
| EUR	CAIXABANK SA EUR1 | 46 518.00 | 159 591.91 | 0.01 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 5 943.00 | 356 625.54 | 0.02 |
| EUR	EDP RENOVAVEIS SA EUR5 | 2 760.00 | 65 094.38 | 0.00 |
| EUR	ENAGAS SA EUR1.50 | 3 282.00 | 77 144.87 | 0.00 |
| EUR	ENDESA SA EUR1.2 | 4 307.00 | 117 430.76 | 0.01 |
| EUR	FERROVIAL SA EUR0.2 | 6 487.00 | 190 589.87 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 3 978.00 | 111 038.31 | 0.01 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 77 594.00 | 1 043 098.99 | 0.05 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 14 554.00 | 563 906.06 | 0.03 |
| EUR	NATURGY ENERGY GRO EUR1 | 3 681.00 | 96 447.31 | 0.00 |
| EUR	RED ELECTRICA CORP EUR0.5 | 6 088.00 | 122 222.16 | 0.01 |
| EUR	REPSOL SA EUR1 | 20 577.00 | 274 831.12 | 0.01 |
| EUR	SIEMENS GAMESA REN EUR0.17 | 3 099.00 | 101 810.22 | 0.01 |
| EUR	TELEFONICA SA EUR1 | 66 319.00 | 325 961.40 | 0.01 |
| Total Spain |  | 4 324 655.79 | 0.22 |
| Sweden |  |  |  |
| SEK	ASSA ABLOY SER’B’NPV (POST SPLIT) | 13 189.00 | 405 426.32 | 0.03 |
| SEK	ESSITY AB SER’B’NPV | 8 124.00 | 280 590.63 | 0.02 |
| SEK	FASTIGHETS AB BALD SER’B’NPV | 1 201.00 | 76 356.96 | 0.00 |
| SEK	HUSQVARNA AB SER’B’NPV | 5 199.00 | 76 208.78 | 0.00 |
| SEK	ICA GRUPPEN AB | 1 313.00 | 63 542.47 | 0.00 |
| SEK	INDUSTRIVARDEN AB SER’C’NPV | 1 891.00 | 74 274.46 | 0.00 |
| SEK	INDUSTRIVARDEN AB SER’A’NPV | 1 151.00 | 46 805.09 | 0.00 |
| SEK	LATOUR INVESTMENT SER’B’NPV (POST SPLIT) | 1 718.00 | 58 777.72 | 0.00 |
| SEK	LUNDBERGFORETAGEN SER’B’NPV | 898.00 | 56 464.77 | 0.00 |
| SEK	LUNDIN ENERGY AB NPV | 2 396.00 | 82 378.57 | 0.00 |
| SEK	SECURITAS SER’B’NPV | 4 119.00 | 65 941.16 | 0.00 |
| SEK	SINCH AB NPV | 631.00 | 116 616.52 | 0.01 |
| SEK	SKANSKA AB SER’B’NPV | 4 159.00 | 116 962.78 | 0.01 |
| SEK	SVENSKA CELLULOSA SER’B’NPV | 7 794.00 | 129 426.91 | 0.01 |
| SEK	SVENSKA HANDELSBKN SER’A’NPV (P/S) | 20 731.00 | 232 455.61 | 0.02 |
| SEK	TELIA COMPANY AB NPV | 34 174.00 | 149 229.46 | 0.01 |
| SEK	VOLVO AB SER’A’NPV (POST SPLIT) | 2 416.00 | 64 972.87 | 0.00 |
| Total Sweden |  | 2 096 431.08 | 0.11 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Switzerland |  |  |  |
| CHF	ROCHE HLDGS AG CHF1(BR) | 133.00 | 49 837.10 | 0.00 |
| CHF	SWATCH GROUP CHF2.25(BR) | 367.00 | 132 950.02 | 0.01 |
| CHF	SWISS RE AG CHF0.10 | 3 773.00 | 362 469.78 | 0.02 |
| CHF	VIFOR PHARMA AG CHF0.01 | 574.00 | 83 768.83 | 0.00 |
| Total Switzerland |  | 629 025.73 | 0.03 |
| United Kingdom |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 12 495.00 | 220 777.22 | 0.01 |
| GBP	ASTRAZENECA ORD USD0.25 | 17 335.00 | 1 982 671.38 | 0.10 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 1 481.00 | 73 662.40 | 0.00 |
| GBP	AVIVA ORD GBP0.25 | 51 798.00 | 302 770.09 | 0.02 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 43 450.00 | 325 250.15 | 0.02 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 13 096.00 | 140 811.15 | 0.01 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 29 168.00 | 1 124 872.52 | 0.06 |
| GBP	BRITISH LAND CO PLC REIT | 11 673.00 | 84 625.16 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 119 093.00 | 296 004.79 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 4 499.00 | 146 133.26 | 0.01 |
| USD	COCA-COLA EUROPACI COM EUR0.01 | 2 832.00 | 171 392.64 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 7 119.00 | 64 522.94 | 0.00 |
| GBP	HALMA ORD GBP0.10 | 5 066.00 | 187 522.35 | 0.01 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 2 258.00 | 78 446.22 | 0.00 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 19 042.00 | 147 251.02 | 0.01 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 6 904.00 | 92 762.27 | 0.00 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 2 512.00 | 108 766.81 | 0.01 |
| GBP	KINGFISHER ORD GBP0.157142857 | 34 111.00 | 174 705.09 | 0.01 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 9 398.00 | 93 942.30 | 0.00 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 929 265.00 | 659 022.06 | 0.03 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 62 934.00 | 154 498.60 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 47 181.00 | 629 900.69 | 0.03 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 6 609.00 | 177 465.76 | 0.01 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 9 502.00 | 860 131.68 | 0.04 |
| GBP	RELX PLC GBP0.1444 | 25 671.00 | 671 075.49 | 0.03 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 25 026.00 | 168 551.79 | 0.01 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 110 972.00 | 168 820.51 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 15 355.00 | 143 316.95 | 0.01 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 3 396.00 | 118 416.47 | 0.01 |
| GBP	SMITHS GROUP ORD GBP0.375 | 5 007.00 | 110 284.90 | 0.01 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 1 006.00 | 181 613.68 | 0.01 |
| GBP	SSE PLC ORD GBP0.50 | 13 864.00 | 303 892.36 | 0.02 |
| GBP	ST JAMES’S PLACE ORD GBP0.15 | 6 928.00 | 137 627.92 | 0.01 |
| GBP	UNITED UTILITIES G ORD GBP0.05 | 9 287.00 | 129 849.66 | 0.01 |
| GBP	WHITBREAD ORD GBP0.76797385 | 2 574.00 | 116 427.50 | 0.01 |
| GBP	WPP PLC ORD GBP0.10 | 16 007.00 | 221 623.48 | 0.01 |
| Total United Kingdom |  | 10 769 409.26 | 0.56 |
| Total Bearer shares |  | 111 081 697.00 | 5.75 |
| Participation certificates |  |  |  |
| Switzerland |  |  |  |
| CHF	LINDT & SPRUENGLI PTG CERT CHF10 | 11.00 | 104 881.30 | 0.00 |
| CHF	SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 551.00 | 162 785.01 | 0.01 |
| Total Switzerland |  | 267 666.31 | 0.01 |
| Total Participation certificates |  | 267 666.31 | 0.01 |
| Other shares |  |  |  |
| Switzerland |  |  |  |
| CHF	ROCHE HLDGS AG GENUSSCHEINE NPV | 9 589.00 | 3 334 052.70 | 0.17 |
| Total Switzerland |  | 3 334 052.70 | 0.17 |
| Total Other shares |  | 3 334 052.70 | 0.17 |
| Preference shares |  |  |  |
| Germany |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 834.00 | 75 508.05 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 891.00 | 45 078.59 | 0.00 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 2 349.00 | 269 451.50 | 0.02 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 1 970.00 | 222 797.40 | 0.01 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 380.00 | 188 165.84 | 0.01 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 2 395.00 | 668 811.56 | 0.04 |
| Total Germany |  | 1 469 812.94 | 0.08 |
| Total Preference shares |  | 1 469 812.94 | 0.08 |
| Registered shares |  |  |  |
| Australia |  |  |  |
| AUD	AMPOL LTD NPV | 3 138.00 | 69 347.06 | 0.00 |
| AUD	BHP GROUP LTD NPV | 38 958.00 | 1 442 937.80 | 0.08 |
| GBP	BHP GROUP PLC ORD USD0.50 | 28 233.00 | 852 028.04 | 0.04 |
| AUD	COLES GROUP LTD NPV | 17 285.00 | 221 697.56 | 0.01 |
| Total Australia |  | 2 586 010.46 | 0.13 |
| Belgium |  |  |  |
| EUR	AGEAS NPV | 2 439.00 | 159 539.32 | 0.01 |
| EUR	KBC GROUP NV NPV | 3 281.00 | 268 290.10 | 0.01 |
| EUR	UCB NPV | 1 708.00 | 159 795.66 | 0.01 |
| Total Belgium |  | 587 625.08 | 0.03 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Canada |  |  |  |  |
| CAD | 1ST QUANTUM MINLS COM NPV | 7 863.00 | 193 304.45 | 0.01 |
| CAD | AGNICO EAGLE MINES LTD COM | 3 234.00 | 228 904.35 | 0.01 |
| CAD | ALIMENTATION COUCHE TARD INC SUB VTG SH | 11 298.00 | 407 461.19 | 0.02 |
| CAD | BANK NOVA SCOTIA HALIFAX COM | 15 962.00 | 1 072 985.70 | 0.06 |
| CAD | BANK OF MONTREAL COM NPV | 8 423.00 | 879 809.92 | 0.05 |
| CAD | BARRICK GOLD CORP COM NPV | 23 737.00 | 562 724.68 | 0.03 |
| CAD | BCE INC COM NEW | 1 418.00 | 70 213.36 | 0.00 |
| CAD | BLACKBERRY LTD NPV | 7 298.00 | 74 907.04 | 0.00 |
| CAD | BROOKFIELD ASSET M LTD VTG SHS NPV CL’A’ | 17 035.00 | 846 321.25 | 0.04 |
| CAD | CAN PACIFIC RYS COM NPV | 8 955.00 | 719 453.94 | 0.04 |
| CAD | CANADIAN NAT RES LTD COM | 15 621.00 | 547 724.16 | 0.03 |
| CAD | CANADIAN NATL RY CO COM | 9 463.00 | 1 053 533.23 | 0.06 |
| CAD | CANADIAN TIRE LTD CL A | 786.00 | 132 958.33 | 0.01 |
| CAD | CCL INDUSTRIES INC ‘B’NON-VTG COM NPV | 1 969.00 | 110 307.03 | 0.01 |
| CAD | CDN IMPERIAL BK OF COMMERCE COM | 5 753.00 | 670 064.25 | 0.04 |
| CAD | CENOVUS ENERGY INC COM NPV | 17 469.00 | 145 900.35 | 0.01 |
| CAD | CGI INC COM NPV SUB VOTING SHARES C | 3 092.00 | 274 673.82 | 0.01 |
| CAD | CONSTELLATION SOFT COM STK NPV | 284.00 | 403 571.03 | 0.02 |
| CAD | DOLLARAMA INC COM NPV | 3 977.00 | 172 827.17 | 0.01 |
| CAD | ENBRIDGE INC COM NPV | 26 998.00 | 1 025 749.69 | 0.05 |
| CAD | FAIRFAX FINL HLDGS SUB-VTG COM NPV | 369.00 | 172 218.33 | 0.01 |
| CAD | FIRSTSERVICE CORP COM NPV | 500.00 | 81 114.97 | 0.00 |
| CAD | FORTIS INC COM NPV | 5 974.00 | 271 082.43 | 0.01 |
| CAD | FRANCO NEVADA CORP COM NPV | 2 568.00 | 379 216.29 | 0.02 |
| CAD | GFL ENVIRON INC COM NPV SUB VTG SHS | 2 500.00 | 80 808.71 | 0.00 |
| CAD | GILDAN ACTIVEWEAR INC COM | 2 624.00 | 93 895.80 | 0.00 |
| CAD | GREAT WEST LIFECO INC COM | 3 592.00 | 111 229.80 | 0.01 |
| CAD | IA FINANCIAL CORP COM NPV | 1 412.00 | 80 902.77 | 0.00 |
| CAD | IMPERIAL OIL LTD COM NEW | 3 269.00 | 109 886.67 | 0.01 |
| CAD | INTACT FINL CORP COM NPV | 1 978.00 | 267 269.86 | 0.01 |
| CAD | INTER PIPELINE LTD COM NPV | 5 445.00 | 79 099.21 | 0.00 |
| CAD | LIGHTSPEED POS INC SUB VOTING SHARES | 1 400.00 | 101 665.43 | 0.01 |
| CAD | LOBLAW COS LTD COM | 2 275.00 | 138 917.93 | 0.01 |
| CAD | MAGNA INTL INC COM NPV | 3 756.00 | 370 407.95 | 0.02 |
| CAD | MANULIFE FINL CORP COM | 25 734.00 | 538 281.75 | 0.03 |
| CAD | METRO INC CL A SUB | 3 239.00 | 155 287.54 | 0.01 |
| CAD | NATL BK OF CANADA COM NPV | 4 294.00 | 337 697.99 | 0.02 |
| CAD | NUTRIEN LTD NPV | 7 658.00 | 471 359.06 | 0.02 |
| CAD | OPEN TEXT CO COM NPV | 3 633.00 | 170 959.40 | 0.01 |
| CAD | PARKLAND CORP. COM NPV | 2 000.00 | 66 004.47 | 0.00 |
| CAD | PEMBINA PIPELINE C COM NPV | 7 142.00 | 229 908.43 | 0.01 |
| CAD | POWER CORP CDA COM | 7 289.00 | 237 415.90 | 0.01 |
| CAD | RESTAURANT BRANDS COM NPV | 3 773.00 | 260 121.82 | 0.01 |
| CAD | ROGERS COMMS INC CLASS’B’COM CAD1.62478 | 4 835.00 | 247 333.00 | 0.01 |
| CAD | ROYAL BK OF CANADA COM NPV | 18 710.00 | 1 923 656.24 | 0.10 |
| CAD | SAPUTO INC COM | 3 225.00 | 110 116.09 | 0.01 |
| CAD | SHAW COMMUNICATIONS INC CL B CONV | 6 106.00 | 180 991.52 | 0.01 |
| CAD | SHOPIFY INC COM NPV CL A | 1 491.00 | 1 826 965.58 | 0.09 |
| CAD | SUN LIFE FINL INC COM | 7 535.00 | 403 413.46 | 0.02 |
| CAD | SUNCOR ENERGY INC COM NPV ‘NEW’ | 19 951.00 | 463 392.98 | 0.02 |
| CAD | TC ENERGY CORPORAT COM NPV | 12 494.00 | 630 026.06 | 0.03 |
| CAD | TECK RESOURCES LTD CLASS’B’SUB-VTG COM NPV | 6 323.00 | 153 665.49 | 0.01 |
| CAD | THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 2 260.00 | 218 461.05 | 0.01 |
| CAD | TORONTO-DOMINION COM NPV | 23 800.00 | 1 711 960.93 | 0.09 |
| CAD | WESTON GEORGE LTD COM | 1 056.00 | 102 916.51 | 0.01 |
| CAD | WHEATON PRECIOUS M COM NPV | 5 991.00 | 284 003.45 | 0.02 |
| Total Canada | 22 655 049.81 | 1.17 |
| Denmark |  |  |  |  |
| DKK | CARLSBERG SER’B’DKK20 | 1 383.00 | 253 730.18 | 0.01 |
| DKK | COLOPLAST DKK1 B | 1 574.00 | 248 561.04 | 0.01 |
| DKK | DEMANT A/S DKK0.20 | 1 351.00 | 74 091.29 | 0.00 |
| DKK | NOVO-NORDISK AS DKK0.2 SER’B’ | 22 775.00 | 1 802 021.63 | 0.10 |
| DKK | TRYG A/S DKK5 | 4 246.00 | 100 025.78 | 0.01 |
| DKK | VESTAS WIND SYSTEM DKK0.20 (POST SPLIT) | 13 551.00 | 527 519.84 | 0.03 |
| Total Denmark	3 005 949.76	0.16 |
| Finland |  |  |  |  |
| EUR | ELISA OYJ NPV | 2 089.00 | 123 261.63 | 0.01 |
| EUR | FORTUM OYJ EUR3.40 | 6 012.00 | 171 341.83 | 0.01 |
| EUR | NESTE OIL OYJ NPV | 5 659.00 | 372 932.83 | 0.02 |
| EUR | NOKIA OYJ NPV | 76 063.00 | 395 057.31 | 0.02 |
| SEK | NORDEA HOLDING ABP NPV | 42 444.00 | 455 038.66 | 0.02 |
| EUR | ORION CORP SER’B’NPV | 1 483.00 | 63 824.29 | 0.00 |
| EUR | SAMPO PLC SER’A’NPV | 6 257.00 | 291 469.61 | 0.02 |
| EUR | STORA ENSO OYJ NPV SER’R’ | 7 746.00 | 135 572.31 | 0.01 |
| EUR | UPM-KYMMENE CORP NPV | 7 279.00 | 277 313.70 | 0.01 |
| Total Finland	2 285 812.17	0.12 |
| France |  |  |  |  |
| EUR | GECINA EUR7.50 | 676.00 | 107 859.73 | 0.01 |
| EUR | LA FRANCAISE DES EUR0.40 (PROMESSES) | 1 199.00 | 68 240.31 | 0.00 |
| EUR | MICHELIN (CGDE) EUR2 | 2 330.00 | 358 375.83 | 0.02 |
| Total France | 534 475.87 | 0.03 |
| Germany |  |  |  |  |
| EUR | ADIDAS AG NPV (REGD) | 2 522.00 | 919 969.18 | 0.05 |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 5 503.00 | 1 449 599.94 | 0.08 |
| EUR | BASF SE NPV | 12 127.00 | 988 372.92 | 0.05 |
| EUR | BAYER AG NPV (REGD) | 12 995.00 | 817 931.58 | 0.04 |
| EUR | BRENNTAG AG | 2 099.00 | 197 967.65 | 0.01 |
| EUR | DAIMLER AG ORD NPV(REGD) | 11 210.00 | 1 043 978.90 | 0.05 |
| EUR | DELIVERY HERO SE NPV | 2 008.00 | 276 196.64 | 0.01 |
| EUR | DEUTSCHE BANK AG NPV(REGD) | 27 278.00 | 406 620.84 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | DEUTSCHE BOERSE AG NPV(REGD) | 2 533.00 | 414 065.22 | 0.02 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 3 945.00 | 51 503.78 | 0.00 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 13 294.00 | 906 968.13 | 0.05 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 44 759.00 | 929 989.71 | 0.05 |
| EUR | E.ON SE NPV | 30 453.00 | 368 126.23 | 0.02 |
| EUR | EVONIK INDUSTRIES NPV | 2 596.00 | 92 839.48 | 0.00 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 784.00 | 137 169.59 | 0.01 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 17 245.00 | 701 379.20 | 0.04 |
| EUR | LEG IMMOBILIEN SE NPV | 959.00 | 140 585.31 | 0.01 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 700.00 | 180 585.41 | 0.01 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 1 870.00 | 539 922.85 | 0.03 |
| EUR | SCOUT24 AG NPV | 1 338.00 | 108 656.86 | 0.01 |
| EUR | SIEMENS AG NPV(REGD) | 10 112.00 | 1 639 886.26 | 0.09 |
| EUR | SIEMENS ENERGY AG NPV | 5 283.00 | 167 940.76 | 0.01 |
| EUR | SIEMENS HEALTHINEE NPV | 3 491.00 | 196 255.11 | 0.01 |
| EUR | TELEFONICA DEUTSCH NPV | 14 200.00 | 38 837.97 | 0.00 |
| EUR | UNIPER SE NPV | 1 716.00 | 62 165.74 | 0.00 |
| EUR | UNITED INTERNET AG NPV(REGD) | 1 429.00 | 59 648.28 | 0.00 |
| EUR | VONOVIA SE NPV | 7 243.00 | 452 878.14 | 0.02 |
| Total Germany |  | 13 290 041.68 | 0.69 |
| Hong Kong |  |  |  |
| HKD	BUDWEISER BREWING USD0.00001 | 21 800.00 | 74 012.09 | 0.00 |
| HKD	ESR CAYMAN LIMITED USD0.001 | 20 400.00 | 64 527.85 | 0.00 |
| HKD	NEW WORLD DEVEL CO NPV POST CON | 23 000.00 | 124 019.17 | 0.01 |
| Total Hong Kong |  | 262 559.11 | 0.01 |
| Ireland |  |  |  |
| EUR	CRH ORD EUR0.32 | 10 460.00 | 544 424.28 | 0.03 |
| GBP	EXPERIAN ORD USD0.10 | 12 149.00 | 466 802.79 | 0.02 |
| EUR	KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 2 159.00 | 202 887.45 | 0.01 |
| EUR	SMURFIT KAPPA GRP ORD EUR0.001 | 3 458.00 | 183 787.84 | 0.01 |
| Total Ireland |  | 1 397 902.36 | 0.07 |
| Isle of Man |  |  |  |
| GBP	ENTAIN PLC ORD EUR0.01 | 7 500.00 | 175 857.32 | 0.01 |
| Total Isle of Man |  | 175 857.32 | 0.01 |
| Israel |  |  |  |
| ILS	MIZRAHI TEFAHOT BK ILS0.01 | 1 568.00 | 46 723.84 | 0.00 |
| Total Israel |  | 46 723.84 | 0.00 |
| Italy |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 6 487.00 | 127 654.77 | 0.01 |
| EUR	DAVIDE CAMPARI MIL EUR0.01 | 7 515.00 | 97 257.26 | 0.01 |
| EUR	ENEL EUR1 | 108 034.00 | 1 064 099.07 | 0.05 |
| EUR	ENI SPA EUR1 | 33 859.00 | 416 295.33 | 0.02 |
| EUR	FERRARI NV EUR0.01(NEW) | 1 731.00 | 366 032.62 | 0.02 |
| EUR	INTESA SANPAOLO NPV | 214 368.00 | 633 357.48 | 0.02 |
| EUR	MEDIOBANCA SPA EUR0.5 | 7 762.00 | 92 624.44 | 0.00 |
| EUR	MONCLER SPA NPV | 2 629.00 | 186 817.84 | 0.01 |
| EUR	NEXI SPA NPV | 5 875.00 | 118 807.96 | 0.01 |
| EUR	PRYSMIAN SPA EUR0.10 | 3 159.00 | 109 034.18 | 0.01 |
| EUR	RECORDATI EUR0.125 | 1 379.00 | 76 697.70 | 0.00 |
| EUR	SNAM EUR1 | 26 819.00 | 157 622.75 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 19 897.00 | 151 995.52 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 27 372.00 | 351 396.95 | 0.02 |
| Total Italy |  | 3 949 693.87 | 0.20 |
| Japan |  |  |  |
| JPY	ABC-MART INC NPV | 400.00 | 22 852.96 | 0.00 |
| JPY	AEON CO LTD NPV | 8 600.00 | 230 496.82 | 0.01 |
| JPY	AGC INC NPV | 2 700.00 | 117 976.14 | 0.01 |
| JPY	AJINOMOTO CO INC NPV | 6 000.00 | 137 995.34 | 0.01 |
| JPY	ANA HOLDINGS INC NPV | 1 100.00 | 26 696.83 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 5 900.00 | 281 476.30 | 0.01 |
| JPY	ASAHI KASEI CORP NPV | 16 300.00 | 179 546.60 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 24 400.00 | 400 923.26 | 0.02 |
| JPY	BRIDGESTONE CORP NPV | 7 100.00 | 311 921.02 | 0.02 |
| JPY	BROTHER INDUSTRIES NPV | 3 600.00 | 75 261.21 | 0.00 |
| JPY	CANON INC NPV | 13 300.00 | 311 239.09 | 0.02 |
| JPY	CASIO COMPUTER CO NPV | 2 500.00 | 43 534.90 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 8 800.00 | 105 460.03 | 0.01 |
| JPY	DAI NIPPON PRINTNG NPV | 3 600.00 | 77 630.60 | 0.00 |
| JPY	DAIWA SECS GROUP NPV | 20 000.00 | 115 142.37 | 0.01 |
| JPY	DENSO CORP NPV | 5 700.00 | 390 942.00 | 0.02 |
| JPY	DENTSU GROUP INC NPV | 2 600.00 | 89 364.23 | 0.00 |
| JPY	EAST JAPAN RAILWAY NPV | 4 000.00 | 279 720.28 | 0.01 |
| JPY	ENEOS HOLDINGS INC NPV | 40 300.00 | 166 696.38 | 0.01 |
| JPY	FUJI FILM HLD CORP NPV | 4 800.00 | 334 611.27 | 0.02 |
| JPY	FUJITSU NPV | 2 600.00 | 422 697.56 | 0.02 |
| JPY	HAKUHODO DY HLDGS NPV | 2 400.00 | 39 775.13 | 0.00 |
| JPY	HAMAMATSU PHOTONIC NPV | 1 900.00 | 115 672.56 | 0.01 |
| JPY	HINO MOTORS NPV | 4 800.00 | 44 667.49 | 0.00 |
| JPY	HITACHI CONST MACH NPV | 1 700.00 | 56 410.26 | 0.00 |
| JPY	HITACHI METALS NPV | 2 500.00 | 48 471.14 | 0.00 |
| JPY	HITACHI NPV | 12 700.00 | 665 909.78 | 0.04 |
| JPY	HONDA MOTOR CO NPV | 21 600.00 | 662 048.54 | 0.03 |
| JPY	HOYA CORP NPV | 5 000.00 | 655 880.07 | 0.03 |
| JPY	IIDA GROUP HOLDING NPV | 1 500.00 | 39 983.55 | 0.00 |
| JPY	INPEX CORPORATION NPV | 16 200.00 | 111 509.67 | 0.01 |
| JPY	ITOCHU CORP NPV | 16 300.00 | 484 105.31 | 0.03 |
| JPY	JAPAN AIRLINES CO NPV | 2 100.00 | 47 972.03 | 0.00 |
| JPY	JAPAN METRO FUND REIT | 92.00 | 93 181.59 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| JPY | JAPAN POST BANK CO NPV | 2 200.00 | 18 722.97 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 20 500.00 | 170 678.73 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 16 200.00 | 320 238.58 | 0.02 |
| JPY | JFE HOLDINGS INC NPV | 6 600.00 | 87 963.80 | 0.00 |
| JPY | KDDI CORP NPV | 21 400.00 | 727 124.64 | 0.04 |
| JPY | KEYENCE CORP NPV | 2 500.00 | 1 231 089.17 | 0.06 |
| JPY | KONAMI HOLDINGS CORP NPV | 1 100.00 | 70 588.24 | 0.00 |
| JPY | KUBOTA CORP NPV | 13 700.00 | 311 582.80 | 0.02 |
| JPY | KYOCERA CORP NPV | 4 200.00 | 258 077.61 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 3 400.00 | 102 874.90 | 0.01 |
| JPY | LAWSON INC NPV | 500.00 | 22 533.02 | 0.00 |
| JPY | LIXIL CORPORATION COM NPV | 4 100.00 | 107 826.68 | 0.01 |
| JPY | MARUBENI CORP NPV | 23 700.00 | 209 561.77 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 8 800.00 | 75 213.68 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 1 600.00 | 30 626.63 | 0.00 |
| JPY | MERCARI INC NPV | 1 300.00 | 61 675.58 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 15 000.00 | 120 060.33 | 0.01 |
| JPY | MITSUBISHI CORP NPV | 16 900.00 | 460 986.33 | 0.02 |
| JPY | MITSUBISHI ELEC CP NPV | 24 100.00 | 372 751.95 | 0.02 |
| JPY | MITSUBISHI ESTATE NPV | 15 300.00 | 248 041.96 | 0.01 |
| JPY | MITSUBISHI HVY IND NPV | 3 800.00 | 115 151.52 | 0.01 |
| JPY | MITSUBISHI UFJ FIN NPV | 162 700.00 | 922 107.96 | 0.05 |
| JPY | MITSUI & CO NPV | 21 500.00 | 474 436.67 | 0.02 |
| JPY | MIZUHO FINL GP NPV | 31 730.00 | 485 253.35 | 0.03 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 6 800.00 | 207 801.09 | 0.01 |
| JPY | MURATA MFG CO NPV | 7 600.00 | 575 167.05 | 0.03 |
| JPY | NEC CORP NPV | 3 300.00 | 154 147.81 | 0.01 |
| JPY | NEXON CO LTD NPV | 6 500.00 | 153 535.35 | 0.01 |
| JPY | NGK INSULATORS NPV | 2 700.00 | 47 338.54 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 1 500.00 | 928 287.40 | 0.05 |
| JPY | NIPPON PROLOGIS RE REIT | 33.00 | 102 413.27 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 17 100.00 | 458 235.29 | 0.02 |
| JPY | NIPPON YUSEN KK NPV | 2 000.00 | 82 544.91 | 0.00 |
| JPY | NISSAN MOTOR CO NPV | 32 600.00 | 160 653.23 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 43 900.00 | 241 180.13 | 0.01 |
| JPY | NOMURA REAL EST MA REIT | 62.00 | 98 275.06 | 0.01 |
| JPY | NOMURA RESEARCH IN NPV | 4 100.00 | 130 801.22 | 0.01 |
| JPY | NTT DATA CORP NPV | 7 800.00 | 126 916.22 | 0.01 |
| JPY | OMRON CORP NPV | 2 400.00 | 189 112.85 | 0.01 |
| JPY | ORIX CORP NPV | 17 200.00 | 303 686.64 | 0.02 |
| JPY | ORIX JREIT INC REIT | 29.00 | 53 946.71 | 0.00 |
| JPY | OSAKA GAS CO NPV | 5 200.00 | 98 015.45 | 0.01 |
| JPY | OTSUKA CORP NPV | 1 500.00 | 80 351.02 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 5 000.00 | 206 407.97 | 0.01 |
| JPY | PANASONIC CORP NPV | 29 000.00 | 330 572.69 | 0.02 |
| JPY | RENESAS ELECTRONIC NPV | 10 100.00 | 102 851.14 | 0.01 |
| JPY | RESONA HOLDINGS NPV | 30 100.00 | 128 549.93 | 0.01 |
| JPY | RICOH CO NPV | 8 200.00 | 97 295.12 | 0.01 |
| JPY | ROHM CO LTD NPV | 1 200.00 | 113 752.91 | 0.01 |
| JPY | SANTEN PHARM CO NPV | 4 300.00 | 57 506.28 | 0.00 |
| JPY | SEIKO EPSON CORP NPV | 2 800.00 | 49 526.94 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 4 200.00 | 71 602.91 | 0.00 |
| JPY | SEVEN & I HOLDINGS NPV | 10 000.00 | 432 926.55 | 0.02 |
| JPY | SG HOLDINGS CO LTD NPV | 4 300.00 | 96 145.16 | 0.00 |
| JPY | SHIMADZU CORP NPV | 3 000.00 | 105 169.34 | 0.01 |
| JPY | SOFTBANK CORP NPV | 36 800.00 | 473 140.45 | 0.02 |
| JPY | SOFTBANK GROUP CO NPV | 16 800.00 | 1 267 889.76 | 0.07 |
| JPY | SOHGO SECURITY SER NPV | 1 100.00 | 50 377.07 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 4 900.00 | 197 263.13 | 0.01 |
| JPY | SONY GROUP CORPORA NPV | 16 700.00 | 1 646 414.37 | 0.09 |
| JPY | SUBARU CORPORATION NPV | 8 100.00 | 157 749.90 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 3 400.00 | 78 974.36 | 0.00 |
| JPY | SUMITOMO CHEM CO NPV | 23 000.00 | 126 148.36 | 0.01 |
| JPY | SUMITOMO CORP NPV | 17 400.00 | 243 038.53 | 0.01 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 2 700.00 | 51 484.99 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 9 700.00 | 148 654.42 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 17 300.00 | 624 821.06 | 0.03 |
| JPY | SUMITOMO MITSUI TR NPV | 4 400.00 | 151 674.21 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 3 500.00 | 116 426.71 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 20 749.00 | 705 384.44 | 0.04 |
| JPY | TDK CORP NPV | 1 800.00 | 229 370.63 | 0.01 |
| JPY | TOKIO MARINE HLDG NPV | 8 300.00 | 392 940.26 | 0.02 |
| JPY | TOKYO ELEC POWER H NPV | 21 200.00 | 65 695.87 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 1 900.00 | 845 139.17 | 0.04 |
| JPY | TOPPAN PRINTING CO NPV | 2 600.00 | 45 585.26 | 0.00 |
| JPY | TOSHIBA CORP NPV | 5 700.00 | 239 421.36 | 0.01 |
| JPY | TOYOTA MOTOR CORP NPV | 28 000.00 | 2 333 013.39 | 0.12 |
| JPY | TREND MICRO INC NPV | 2 000.00 | 101 467.16 | 0.01 |
| JPY | UNICHARM CORP NPV | 5 300.00 | 209 441.93 | 0.01 |
| JPY | UNITED URBAN INVESTMENT CORP | 24.00 | 34 443.99 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 2 100.00 | 119 594.13 | 0.01 |
| JPY | YAMADA HOLDINGS CO NPV | 10 000.00 | 48 631.11 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 3 300.00 | 96 380.09 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 3 100.00 | 150 473.06 | 0.01 |
| JPY | YOKOGAWA ELECTRIC NPV | 3 800.00 | 60 198.36 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 35 000.00 | 164 641.89 | 0.01 |
| Total Japan |  | 31 353 536.78 | 1.62 |
| Luxembourg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 9 342.00 | 307 194.59 | 0.02 |
| EUR	EUROFINS SCIENTIFI EUR0.01 | 1 788.00 | 192 966.89 | 0.01 |
| EUR	TENARIS S.A. USD1 | 6 107.00 | 69 664.53 | 0.00 |
| Total Luxembourg |  | 569 826.01 | 0.03 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |

| The Netherlands |  |
| --- | --- |
| EUR	ADYEN NV EUR0.01 | 254.00 | 587 069.58 | 0.03 |
| EUR	AEGON NV EUR0.12 | 21 908.00 | 103 286.11 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 5 583.00 | 3 735 217.27 | 0.19 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 14 068.00 | 242 953.39 | 0.01 |
| EUR	JDE PEETS N.V. EUR0.01 | 1 311.00 | 51 709.37 | 0.00 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 2 317.00 | 426 915.02 | 0.02 |
| EUR	NN GROUP N.V. EUR0.12 | 3 825.00 | 194 220.70 | 0.01 |
| EUR	PROSUS N.V. EUR0.05 | 6 472.00 | 671 892.05 | 0.04 |
| GBP	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 54 531.00 | 1 043 052.83 | 0.06 |
| Total The Netherlands |  | 7 056 316.32 | 0.37 |
| Norway |  |  |  |  |
| NOK | ADEVINTA ASA SER’B’NOK0.2 | 4 192.00 | 81 252.52 | 0.00 |
| NOK | DNB ASA NOK10 | 12 786.00 | 283 561.26 | 0.01 |
| NOK | EQUINOR ASA NOK2.50 | 12 024.00 | 259 666.66 | 0.01 |
| NOK | MOWI ASA NOK7.50 | 5 549.00 | 144 940.67 | 0.01 |
| NOK | NORSK HYDRO ASA NOK3.6666 | 16 864.00 | 110 963.77 | 0.01 |
| NOK | TELENOR ASA ORD NOK6 | 8 614.00 | 149 516.07 | 0.01 |
| Total Norway | 1 029 900.95 | 0.05 |
| Portugal |  |  |  |  |
| EUR | EDP ENERGIAS PORTU EUR1(REGD) | 37 877.00 | 217 890.03 | 0.02 |
| EUR | GALP ENERGIA EUR1-B | 6 612.00 | 82 296.77 | 0.00 |
| EUR | JERONIMO MARTINS EUR5 | 3 463.00 | 67 024.80 | 0.00 |
| Total Portugal |  | 367 211.60 | 0.02 |
| Singapore |  |  |  |
| SGD	GENTING SINGAPORE LTD | 61 800.00 | 39 532.91 | 0.00 |
| SGD	SINGAPORE TELECOMM NPV | 94 900.00 | 173 139.79 | 0.01 |
| Total Singapore |  | 212 672.70 | 0.01 |
| Spain |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 232 706.00 | 974 189.60 | 0.05 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 89 292.00 | 560 711.83 | 0.03 |
| Total Spain |  | 1 534 901.43 | 0.08 |
| Sweden |  |  |  |
| SEK	ALFA LAVAL AB NPV | 4 034.00 | 152 219.99 | 0.01 |
| SEK	ATLAS COPCO AB SER’A’NPV (POST SPLIT) | 8 900.00 | 539 654.13 | 0.03 |
| SEK	ATLAS COPCO AB SER’B’NPV (POST SPLIT) | 4 968.00 | 256 302.36 | 0.01 |
| SEK	BOLIDEN AB NPV (POST SPLIT) | 3 698.00 | 148 282.12 | 0.01 |
| SEK	ELECTROLUX AB SER’B’NPV (POST SPLIT) | 2 875.00 | 81 511.84 | 0.00 |
| SEK	EMBRACER GROUP AB SER’B’NPV (POST SPLIT) | 3 483.00 | 103 874.23 | 0.01 |
| SEK	EPIROC AB SER’A’NPV (POST SPLIT) | 8 406.00 | 190 275.95 | 0.01 |
| SEK	EPIROC AB SER’B’NPV | 5 116.00 | 102 015.22 | 0.01 |
| SEK	EQT AB NPV | 3 021.00 | 109 331.91 | 0.01 |
| SEK	ERICSSON SER’B’ NPV | 38 668.00 | 512 762.99 | 0.03 |
| SEK	EVOLUTION AB NPV | 2 286.00 | 437 615.64 | 0.02 |
| SEK	HENNES & MAURITZ SER’B’NPV | 10 607.00 | 270 988.75 | 0.01 |
| SEK	HEXAGON AB SER’B’NPV (POST SPLIT) | 25 599.00 | 364 897.35 | 0.02 |
| SEK	INVESTOR AB SER’B’NPV (POST SPLIT) | 23 756.00 | 548 907.36 | 0.03 |
| SEK	KINNEVIK AB SER’B’NPV(RED SHS 10/06/21) | 3 035.00 | 57 829.04 | 0.00 |
| SEK	KINNEVIK AB SER’B’NPV (POST SPLIT) | 3 035.00 | 115 914.29 | 0.01 |
| SEK	NIBE INDUSTRIER AB SER’B’NPV (POST SPLIT) | 15 248.00 | 165 899.83 | 0.01 |
| SEK	SANDVIK AB NPV (POST SPLIT) | 14 845.00 | 391 345.72 | 0.02 |
| SEK	SKAND ENSKILDA BKN SER’A’NPV | 20 857.00 | 266 742.82 | 0.01 |
| SEK	SKF AB SER’B’NPV | 4 994.00 | 134 844.38 | 0.01 |
| SEK	SWEDBANK AB SER’A’NPV | 12 023.00 | 216 153.59 | 0.01 |
| SEK	SWEDISH MATCH NPV (POST SPLIT) | 21 770.00 | 201 890.09 | 0.01 |
| SEK	TELE2 AB SHS | 6 729.00 | 90 561.78 | 0.00 |
| SEK	VOLVO AB SER’B’NPV (POST SPLIT) | 18 616.00 | 487 389.79 | 0.02 |
| Total Sweden |  | 5 947 211.17 | 0.31 |
| Switzerland |  |  |  |
| CHF	ABB LTD CHF0.12 (REGD) | 24 422.00 | 832 848.99 | 0.05 |
| CHF	ADECCO GROUP AG CHF0.1 (REGD) | 2 032.00 | 139 947.83 | 0.02 |
| CHF	ALCON AG CHF0.04 | 6 608.00 | 459 661.40 | 0.02 |
| CHF	BALOISE-HLDGS CHF0.1(REGD) | 635.00 | 104 709.51 | 0.01 |
| CHF	BARRY CALLEBAUT AG CHF0.02 (REGD) | 40.00 | 91 532.77 | 0.00 |
| CHF	BQE CANT VAUDOISE CHF1 | 572.00 | 53 107.24 | 0.00 |
| CHF	CLARIANT CHF4.00(REGD) | 2 610.00 | 56 460.28 | 0.00 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 2 511.00 | 91 697.54 | 0.00 |
| CHF	CREDIT SUISSE GRP CHF0.04(REGD) | 32 829.00 | 357 729.69 | 0.02 |
| CHF	EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 113.00 | 105 919.83 | 0.01 |
| CHF	GEBERIT CHF0.10(REGD) | 495.00 | 358 088.62 | 0.02 |
| CHF	GIVAUDAN AG CHF10 | 122.00 | 544 377.61 | 0.03 |
| CHF	HOLCIM LTD CHF2 (REGD) | 6 864.00 | 408 016.28 | 0.02 |
| CHF	JULIUS BAER GRUPPE CHF0.02 (REGD) | 2 914.00 | 199 591.26 | 0.01 |
| CHF	KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 744.00 | 251 157.39 | 0.02 |
| CHF	LINDT & SPRUENGLI CHF100(REGD) | 2.00 | 203 035.53 | 0.01 |
| CHF	LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 2 174.00 | 269 287.37 | 0.02 |
| CHF	LONZA GROUP AG CHF1(REGD) | 974.00 | 627 059.54 | 0.03 |
| CHF	NESTLE SA CHF0.10(REGD) | 38 241.00 | 4 707 042.53 | 0.24 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 29 552.00 | 2 593 254.95 | 0.14 |
| CHF	PARTNERS GROUP HLG CHF0.01 (REGD) | 283.00 | 430 156.22 | 0.02 |
| CHF	RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 6 927.00 | 844 549.45 | 0.04 |
| CHF	SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 316.00 | 91 354.87 | 0.00 |
| CHF	SGS LTD CHF1(REGD) | 82.00 | 255 569.02 | 0.01 |
| CHF	SIKA AG CHF0.01 (REG) | 1 860.00 | 598 318.79 | 0.03 |
| CHF	SONOVA HOLDING AG CHF0.05 (REGD) | 732.00 | 260 291.99 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| CHF | STRAUMANN HLDG CHF0.1(REGD) | 136.00 | 212 842.61 | 0.01 |
| CHF | SWATCH GROUP CHF0.45(REGD) | 612.00 | 42 428.64 | 0.00 |
| CHF | SWISS LIFE HLDG CHF5.1(REGD) | 397.00 | 205 882.92 | 0.01 |
| CHF | SWISS PRIME SITE CHF15.3 (REGD) | 1 132.00 | 115 547.45 | 0.01 |
| CHF | SWISSCOM AG CHF1(REGD) | 373.00 | 209 860.45 | 0.01 |
| CHF | TEMENOS AG CHF5 (REGD) | 896.00 | 137 934.29 | 0.01 |
| CHF | UBS GROUP CHF0.10 (REGD) | 48 577.00 | 787 786.23 | 0.04 |
| CHF | ZURICH INSURANCE GRP CHF0.10 | 1 984.00 | 828 587.76 | 0.04 |
| Total Switzerland |  | 17 475 636.85 | 0.91 |
| United Arab Emirates |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 3 082.00 | 0.04 | 0.00 |
| Total United Arab Emirates |  | 0.04 | 0.00 |
| United Kingdom |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 2 684.00 | 112 131.84 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 16 169.00 | 720 555.72 | 0.03 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 5 717.00 | 125 517.13 | 0.01 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 5 879.00 | 430 218.28 | 0.02 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 4 701.00 | 155 100.16 | 0.01 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 13 002.00 | 103 796.84 | 0.01 |
| GBP	BARCLAYS ORD GBP0.25 | 223 576.00 | 581 916.13 | 0.03 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 1 639.00 | 109 013.14 | 0.01 |
| GBP	BP ORD USD0.25 | 269 515.00 | 1 172 908.32 | 0.06 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 5 309.00 | 161 198.44 | 0.01 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 23 415.00 | 535 379.94 | 0.03 |
| GBP	CRODA INTL ORD GBP0.10609756 | 1 908.00 | 189 530.07 | 0.01 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 31 085.00 | 1 504 136.63 | 0.07 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 19 380.00 | 81 902.20 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 2 991.00 | 407 483.55 | 0.02 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 66 460.00 | 1 269 904.59 | 0.06 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 4 386.00 | 103 308.96 | 0.01 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 270 535.00 | 1 750 926.74 | 0.09 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 12 746.00 | 289 895.02 | 0.01 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 2 216.00 | 155 013.67 | 0.01 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 2 125.00 | 163 962.92 | 0.01 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 77 632.00 | 313 736.11 | 0.02 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 4 190.00 | 451 113.88 | 0.02 |
| GBP	M&G PLC ORD GBP0.05 | 31 617.00 | 109 887.02 | 0.01 |
| GBP	MONDI ORD EUR0.20 | 6 192.00 | 167 808.76 | 0.01 |
| GBP	MORRISON(W)SUPRMKT ORD GBP0.10 | 30 819.00 | 77 476.58 | 0.00 |
| GBP	NATWEST GROUP PLC ORD GBP1 | 62 815.00 | 184 833.45 | 0.01 |
| GBP	NEXT ORD GBP0.10 | 1 749.00 | 202 824.48 | 0.01 |
| GBP	PEARSON ORD GBP0.25 | 10 185.00 | 118 458.81 | 0.01 |
| GBP	PERSIMMON ORD GBP0.10 | 4 156.00 | 186 685.03 | 0.01 |
| GBP	PHOENIX GP HLDGS ORD GBP0.10 | 7 190.00 | 75 182.62 | 0.00 |
| GBP	PRUDENTIAL ORD GBP0.05 | 34 070.00 | 726 941.88 | 0.04 |
| GBP	RIO TINTO ORD GBP0.10 | 15 031.00 | 1 295 668.59 | 0.07 |
| GBP	RSA INSURANCE GRP ORD GBP1.00 | 13 428.00 | 130 599.43 | 0.01 |
| GBP	SAINSBURY(J) ORD GBP0.28571428 | 24 465.00 | 92 367.71 | 0.00 |
| GBP	SCHRODERS VTG SHS GBP1 | 1 662.00 | 84 035.30 | 0.00 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 11 317.00 | 247 822.02 | 0.01 |
| GBP	STANDARD CHARTERED ORD USD0.50 | 35 787.00 | 258 324.06 | 0.01 |
| GBP	STD LIFE ABERDEEN ORD GBP0.1396825396 | 27 263.00 | 106 574.47 | 0.01 |
| EUR	STELLANTIS N V COM EUR0.01 | 27 844.00 | 553 478.69 | 0.03 |
| GBP	TAYLOR WIMPEY ORD GBP0.01 | 47 239.00 | 115 095.51 | 0.01 |
| GBP	TESCO ORD GBP0.0633333 | 103 960.00 | 329 916.93 | 0.02 |
| GBP	UNILEVER PLC ORD GBP0.031111 | 5 798.00 | 348 342.09 | 0.02 |
| EUR	UNILEVER PLC ORD GBP0.031111 | 29 147.00 | 1 737 995.98 | 0.09 |
| GBP	VODAFONE GROUP ORD USD0.2095238(POST CONS) | 357 428.00 | 651 871.64 | 0.03 |
| Total United Kingdom |  | 18 690 841.33 | 0.97 |
| United States |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 4 084.00 | 129 000.45 | 0.01 |
| CAD	BROOKFIELD RENEWA. CLASS A SUB VOTING SHARES | 1 700.00 | 71 976.66 | 0.00 |
| Total United States |  | 200 977.11 | 0.01 |
| Total Registered shares |  | 135 216 733.62 | 7.00 |
| Depository receipts |  |  |  |
| China |  |  |  |
| USD	FUTU HOLDINGS LIMI SPON ADS EA REP 8 ORD SHS | 700.00 | 99 589.00 | 0.01 |
| Total China |  | 99 589.00 | 0.01 |
| Hong Kong |  |  |  |
| USD	MELCO RESORTS UNSP ARD EACH REP 3 ORD SHS | 2 900.00 | 49 851.00 | 0.00 |
| Total Hong Kong |  | 49 851.00 | 0.00 |
| Ireland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 5 898.00 | 196 264.26 | 0.01 |
| Total Ireland |  | 196 264.26 | 0.01 |
| Israel |  |  |  |
| USD	TEVA PHARMA IND ADR(CNV 1 ORD ILS0.10) | 13 500.00 | 140 400.00 | 0.01 |
| Total Israel |  | 140 400.00 | 0.01 |
| The Netherlands |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 5 311.00 | 70 908.96 | 0.00 |
| Total The Netherlands |  | 70 908.96 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |

Singapore
| USD | SEA LTD ADS EACH REP ONE CL A SHS | 200.00 | 50 648.00 | 0.00 |
| --- | --- | --- | --- | --- |
| Total Singapore | 50 648.00 | 0.00 |
| Total Depository receipts | 607 661.22 | 0.03 |
| Certificates on investment funds |  |  |
| Ireland |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 30.06.23	37 450 000.00 | 61 178 320.00 | 3.17 |
| Total Ireland | 61 178 320.00 | 3.17 |
| Total Certificates on investment funds | 61 178 320.00 | 3.17 |
| Investment funds, closed end |
| Canada |  |  |  |  |
| CAD | CANADIAN APARTMENT PROP. REAL ESTATE INVESTMENT TRUST | 1 100.00 | 50 424.63 | 0.00 |
| CAD | RIOCAN REAL ESTATE INVESTMENT TRUST | 2 187.00 | 38 432.26 | 0.00 |
| Total Canada |  | 88 856.89 | 0.00 |
| Singapore |  |  |  |
| SGD	ASCENDAS REAL ESTATE INVESTMENT TRUST | 38 600.00 | 85 618.68 | 0.01 |
| SGD	CAPITALAND INTEGRATED COMMERCIAL TRUST REAL ESTATE INV TRUST | 51 500.00 | 81 483.02 | 0.00 |
| SGD	MAPLETREE COMMERCIAL REAL ESTATE INVESTMENT TRUST | 19 100.00 | 30 364.51 | 0.00 |
| Total Singapore |  | 197 466.21 | 0.01 |
| United Kingdom |  |  |  |
| GBP	SEGRO PLC REIT | 16 479.00 | 244 438.82 | 0.02 |
| Total United Kingdom |  | 244 438.82 | 0.02 |
| Total Investment funds, closed end |  | 530 761.92 | 0.03 |
| Rights |  |  |  |
| Singapore |  |  |  |
| SGD	SINGAPORE AIRLINES LTD RIGHTS 16.06.21 | 36 575.00 | 0.28 | 0.00 |
| Total Singapore |  | 0.28 | 0.00 |
| Total Rights |  | 0.28 | 0.00 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	3M CO 2.25000% 16-19.09.26 | 1 500 000.00 | 1 592 930.90 | 0.08 |
| USD	ABU DHABI,GOVERNMENT OF-REG-S 3.12500% 17-11.10.27 | 2 675 000.00 | 2 922 939.06 | 0.15 |
| USD	ALBERTA, PROVINCE OF 3.30000% 18-15.03.28 | 3 725 000.00 | 4 149 470.01 | 0.22 |
| USD	ALPHABET INC 1.10000% 20-15.08.30 | 3 550 000.00 | 3 317 269.84 | 0.17 |
| USD	ALPHABET INC 1.99800% 16-15.08.26 | 2 075 000.00 | 2 176 337.38 | 0.11 |
| USD	AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 1 127 000.00 | 1 184 520.16 | 0.06 |
| USD	APPLE INC 1.65000% 20-11.05.30 | 3 501 000.00 | 3 408 741.86 | 0.18 |
| USD	APPLE INC 2.20000% 19-11.09.29 | 3 800 000.00 | 3 894 618.25 | 0.20 |
| USD	APPLE INC 2.40000% 13-03.05.23 | 1 048 000.00 | 1 089 846.40 | 0.06 |
| USD	APPLE INC 2.45000% 16-04.08.26 | 1 306 000.00 | 1 391 613.48 | 0.07 |
| USD	APPLE INC 2.85000% 16-23.02.23 | 167 000.00 | 173 798.57 | 0.01 |
| USD	APPLE INC 3.20000% 17-11.05.27 | 5 448 000.00 | 6 016 695.04 | 0.31 |
| USD	APPLE INC 3.25000% 16-23.02.26 | 133 000.00 | 146 567.06 | 0.01 |
| USD	BANK OF NOVA SCOTIA 2.00000% 19-15.11.22 | 1 310 000.00 | 1 344 080.47 | 0.07 |
| USD	BAYER US FINANCE II LLC-REG-S 3.87500% 18-15.12.23 | 1 200 000.00 | 1 291 002.07 | 0.07 |
| USD	BERKSHIRE HATHAWAY FINANCE CORP 1.85000% 20-12.03.30 | 600 000.00 | 597 950.63 | 0.03 |
| USD	BERKSHIRE HATHAWAY INC 3.12500% 16-15.03.26 | 1 094 000.00 | 1 199 504.85 | 0.06 |
| USD	BRITISH COLUMBIA, PROVINCE OF 1.75000% 19-27.09.24 | 700 000.00 | 728 693.59 | 0.04 |
| USD	BRITISH COLUMBIA, PROVINCE OF 1.30000% 21-29.01.31 | 1 500 000.00 | 1 431 763.59 | 0.08 |
| USD	CHEVRON CORP 2.23600% 20-11.05.30 | 2 147 000.00 | 2 182 038.23 | 0.11 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.90000% 18-16.03.28 | 1 650 000.00 | 1 877 009.80 | 0.10 |
| USD	CORPORACION ANDINA DE FOMENTO 4.37500% 12-15.06.22 | 1 000 000.00 | 1 039 890.00 | 0.05 |
| USD	EQUINOR ASA 2.37500% 20-22.05.30 | 1 335 000.00 | 1 358 902.18 | 0.07 |
| USD	EQUINOR ASA 3.62500% 18-10.09.28 | 3 310 000.00 | 3 682 279.67 | 0.19 |
| USD	EUROPEAN INVESTMENT BANK 2.37500% 17-24.05.27 | 1 000 000.00 | 1 074 581.28 | 0.06 |
| USD	EUROPEAN INVESTMENT BANK 0.87500% 20-17.05.30 | 8 490 000.00 | 7 991 928.12 | 0.41 |
| USD	EUROPEAN INVESTMENT BANK 1.25000% 21-14.02.31 | 7 450 000.00 | 7 154 690.94 | 0.37 |
| USD	EXPORT DEVELOPMENT CANADA 2.00000% 17-17.05.22 | 295 000.00 | 300 211.50 | 0.02 |
| USD	EXPORT-IMPORT BANK OF KOREA 3.25000% 15-10.11.25 | 3 600 000.00 | 3 943 800.00 | 0.20 |
| USD	EXPORT-IMPORT BANK OF KOREA 2.75000% 17-25.01.22 | 575 000.00 | 583 014.06 | 0.03 |
| USD	EXXON MOBIL CORP 3.04300% 16-01.03.26 | 2 476 000.00 | 2 696 740.38 | 0.14 |
| USD	EXXON MOBIL CORP 3.48200% 20-19.03.30 | 1 590 000.00 | 1 758 488.88 | 0.09 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 2.37500% 17-07.07.27 | 900 000.00 | 962 237.30 | 0.05 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 2.25000% 19-18.06.29 | 3 375 000.00 | 3 565 146.86 | 0.18 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 2.00000% 19-23.07.26 | 1 000 000.00 | 1 053 497.65 | 0.05 |
| USD	INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 1 000 000.00 | 1 025 416.05 | 0.05 |
| USD	INTERNATIONAL DVPT ASSOCIATION-REG-S 1.00000% 20-03.12.30 | 1 060 000.00 | 996 480.56 | 0.05 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 1.75000% 19-23.10.29 | 1 600 000.00 | 1 627 112.83 | 0.08 |
| USD	JOHNSON & JOHNSON 1.30000% 20-01.09.30 | 2 030 000.00 | 1 946 320.54 | 0.10 |
| USD	JOHNSON & JOHNSON 2.90000% 17-15.01.28 | 1 025 000.00 | 1 120 190.00 | 0.06 |
| USD	JOHNSON & JOHNSON 3.37500% 13-05.12.23 | 1 025 000.00 | 1 108 158.62 | 0.06 |
| USD	KOREA DEVELOPMENT BANK 2.75000% 17-19.03.23 | 1 050 000.00 | 1 094 165.63 | 0.06 |
| USD	KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.00000% 12-19.09.22 | 800 000.00 | 826 900.00 | 0.04 |
| USD	KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.12500% 17-25.07.27 | 2 950 000.00 | 3 221 164.00 | 0.17 |
| USD	KOREA SOUTH-EAST POWER CO LTD-REG-S 2.12500% 20-03.02.25 | 900 000.00 | 931 383.00 | 0.05 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.12500% 13-17.01.23 | 775 000.00 | 799 407.75 | 0.04 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 15-02.05.25 | 1 150 000.00 | 1 211 787.22 | 0.06 |
| USD | KUWAIT INTERNATIONAL GOVT BOND-REG-S 3.50000% 17-20.03.27 | 6 200 000.00 | 6 871 537.50 | 0.36 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 2.00000% 15-13.01.25 | 3 875 000.00 | 4 075 151.85 | 0.21 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 0.87500% 20-03.09.30 | 1 863 000.00 | 1 735 535.31 | 0.09 |
| USD | MANITOBA, PROVINCE OF 2.12500% 17-04.05.22 | 44 000.00 | 44 785.23 | 0.00 |
| USD | MICROSOFT CORP 2.65000% 15-03.11.22 | 1 571 000.00 | 1 619 476.66 | 0.08 |
| USD | MICROSOFT CORP 2.87500% 17-06.02.24 | 824 000.00 | 876 679.83 | 0.05 |
| USD | MICROSOFT CORP 3.30000% 17-06.02.27 | 4 890 000.00 | 5 448 373.40 | 0.28 |
| USD | NATIONAL AUSTRALIA BANK LTD/NY 2.50000% 16-12.07.26 | 3 200 000.00 | 3 410 459.84 | 0.18 |
| USD | NESTLE HOLDINGS INC-REG-S 1.25000% 20-15.09.30 | 1 938 000.00 | 1 820 380.35 | 0.09 |
| USD | NEW YORK LIFE GLOBAL FUNDING-REG-S 3.00000% 18-10.01.28 | 1 754 000.00 | 1 889 734.29 | 0.10 |
| USD | NORDIC INVESTMENT BANK 2.25000% 14-30.09.21 | 500 000.00 | 503 514.95 | 0.03 |
| USD | NOVARTIS CAPITAL CORP 2.40000% 12-21.09.22 | 750 000.00 | 771 217.50 | 0.04 |
| USD | NOVARTIS CAPITAL CORP 3.10000% 17-17.05.27 | 2 310 000.00 | 2 539 925.95 | 0.13 |
| USD | NOVARTIS CAPITAL CORP 2.20000% 20-14.08.30 | 1 900 000.00 | 1 936 928.51 | 0.10 |
| USD | QATAR, STATE OF-REG-S 2.37500% 16-02.06.21 | 1 050 000.00 | 1 049 895.00 | 0.05 |
| USD | QATAR, STATE OF-REG-S 3.37500% 19-14.03.24 | 1 800 000.00 | 1 937 587.50 | 0.10 |
| USD | QATAR, STATE OF-REG-S 4.00000% 19-14.03.29 | 1 950 000.00 | 2 242 500.00 | 0.12 |
| USD | QUEBEC, PROVINCE OF 2.50000% 16-20.04.26 | 4 530 000.00 | 4 866 657.73 | 0.25 |
| USD | ROCHE HOLDINGS INC-REG-S 3.62500% 18-17.09.28 | 3 000 000.00 | 3 391 867.71 | 0.18 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.25000% 12-06.01.23 | 868 000.00 | 896 752.39 | 0.05 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.87500% 16-10.05.26 | 3 488 000.00 | 3 787 937.51 | 0.20 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.75000% 20-06.04.30 | 1 300 000.00 | 1 365 141.67 | 0.07 |
| USD | SINOPEC GROUP OVERSEAS DEV 2013-REG-S 4.37500% 13-17.10.23 | 675 000.00 | 730 606.50 | 0.04 |
| USD | STATE STREET CORP 2.40000% 20-24.01.30 | 811 000.00 | 834 343.69 | 0.04 |
| USD | TEMASEK FINANCIAL I LTD-REG-S 2.37500% 12-23.01.23 | 900 000.00 | 930 037.59 | 0.05 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.70000% 13-15.01.24 | 940 000.00 | 1 018 867.05 | 0.05 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.45500% 19-19.02.29 | 1 360 000.00 | 1 496 326.83 | 0.08 |
| USD | VISA INC 2.05000% 20-15.04.30 | 1 350 000.00 | 1 369 134.45 | 0.07 |
| USD | VISA INC 3.15000% 15-14.12.25 | 1 404 000.00 | 1 539 511.67 | 0.08 |
| USD | WALMART INC 2.55000% 13-11.04.23 | 1 464 000.00 | 1 520 444.87 | 0.08 |
| USD | WALMART INC 3.70000% 18-26.06.28 | 4 120 000.00 | 4 675 541.46 | 0.24 |
| USD | WELLS FARGO CO 3.50000% 12-08.03.22 | 5 000.00 | 5 126.83 | 0.00 |
| USD | WESTPAC BANKING CORP 2.85000% 16-13.05.26 | 2 855 000.00 | 3 087 491.21 | 0.16 |
| USD | WESTPAC BANKING CORP 3.35000% 17-08.03.27 | 1 200 000.00 | 1 333 269.36 | 0.07 |
| USD | WESTPAC BANKING CORP 2.00000% 20-13.01.23 | 45 000.00 | 46 283.08 | 0.00 |
| Total USD |  |  | 166 860 311.53 | 8.64 |
| Total Notes, fixed rate |  | 166 860 311.53 | 8.64 |
| Medium term notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	ABU DHABI, EMIRATE OF-REG-S 3.12500% 20-16.04.30 | 3 200 000.00 | 3 472 000.00 | 0.18 |
| USD	AFRICAN DEVELOPMENT BANK 2.37500% 14-23.09.21 | 750 000.00 | 755 234.93 | 0.04 |
| USD	ASB FINANCE LTD-REG-S 2.12500% 16-01.09.21 | 1 000 000.00 | 1 004 260.00 | 0.05 |
| USD	ASIAN DEVELOPMENT BANK 2.00000% 17-16.02.22 | 500 000.00 | 506 633.48 | 0.03 |
| USD	ASIAN DEVELOPMENT BANK 2.50000% 17-02.11.27 | 2 000 000.00 | 2 155 788.82 | 0.11 |
| USD	ASIAN DEVELOPMENT BANK 1.75000% 19-19.09.29 | 6 640 000.00 | 6 697 501.61 | 0.35 |
| USD	BANK OF MONTREAL 1.90000% 16-27.08.21 | 966 000.00 | 970 105.43 | 0.05 |
| USD	BANK OF NEW YORK CO INC 0.75000% 21-28.01.26 | 1 500 000.00 | 1 489 497.27 | 0.08 |
| USD	CAISSE D’AMOR DE LA DETTE SOCIALE-REG-S 3.37500% 14-20.03.24 | 850 000.00 | 920 645.45 | 0.05 |
| USD	CLIFFORD CAPITAL PTE LTD-REG-S 1.73300% 19-10.09.24 | 1 500 000.00 | 1 546 950.00 | 0.08 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.15000% 17-19.09.27 | 725 000.00 | 798 360.43 | 0.04 |
| USD	CPPIB CAPITAL INC-REG-S 2.75000% 17-02.11.27 | 3 025 000.00 | 3 291 247.71 | 0.17 |
| USD	IDB TRUST SERVICES LTD-REG-S 2.26100% 17-26.09.22 | 1 550 000.00 | 1 585 498.10 | 0.08 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 1.12500% 21-13.01.31 | 4 500 000.00 | 4 273 225.42 | 0.22 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 1 700 000.00 | 1 804 227.89 | 0.09 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 17-22.11.27 | 5 200 000.00 | 5 607 467.79 | 0.29 |
| USD	JAPAN TOBACCO INC-REG-S 2.80000% 16-13.04.26 | 1 800 000.00 | 1 918 026.00 | 0.10 |
| USD	KOMMUNEKREDIT-REG-S 1.62500% 16-01.06.21 | 350 000.00 | 350 000.00 | 0.02 |
| USD	KOREA DEVELOPMENT BANK 1.75000% 20-18.02.25 | 300 000.00 | 307 967.79 | 0.02 |
| USD	MDGH - GMTN BV-REG-S 3.00000% 17-19.04.24 | 1 100 000.00 | 1 166 550.00 | 0.06 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 19-07.11.29 | 2 450 000.00 | 2 554 272.00 | 0.13 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 20-21.05.30 | 1 800 000.00 | 1 873 530.00 | 0.10 |
| USD	MORGAN STANLEY 3.12500% 16-27.07.26 | 1 040 000.00 | 1 132 240.26 | 0.06 |
| USD	MTR CORP CI LTD-REG-S 2.50000% 16-02.11.26 | 1 500 000.00 | 1 593 811.20 | 0.08 |
| USD	NEDERLANDSE WATERSCHAPSBK NV-REG-S 3.00000% 18-21.12.21 | 425 000.00 | 431 545.00 | 0.02 |
| USD	NESTLE HOLDINGS INC-REG-S 2.37500% 17-18.01.22 | 875 000.00 | 886 453.75 | 0.05 |
| USD	NESTLE HOLDINGS INC-REG-S 3.12500% 18-22.03.23 | 1 370 000.00 | 1 438 056.12 | 0.07 |
| USD	NISSAN MOTOR ACCEPTANCE CORP-REG-S 2.60000% 17-28.09.22 | 500 000.00 | 511 560.48 | 0.03 |
| USD	NORDRHEIN-WESTFALEN, STATE OF-REG-S 2.25000% 15-16.04.25 | 900 000.00 | 954 869.40 | 0.05 |
| USD	SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 2.50000% 20-03.02.27 | 2 100 000.00 | 2 183 343.75 | 0.11 |
| USD	SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 1 500 000.00 | 1 645 646.25 | 0.09 |
| USD	SUMITOMO MITSUI BANKING CORP-REG-S 2.44000% 19-18.06.24 | 801 000.00 | 845 495.39 | 0.04 |
| Total USD |  | 56 672 011.72 | 2.94 |
| Total Medium term notes, fixed rate |  | 56 672 011.72 | 2.94 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	BNG BANK NV-REG-S 2.37500% 16-16.03.26 | 1 800 000.00 | 1 927 400.40 | 0.10 |
| USD	CAISSE D’AMORTIS DE LA DETTE SOC-REG-S 1.87500% 15-12.02.22 | 600 000.00 | 607 245.28 | 0.03 |
| USD	CANADIAN IMPERIAL BANK OF COM/CAN-REG-S 2.35000% 17-27.07.22 | 1 075 000.00 | 1 101 925.85 | 0.06 |
| USD	CENTRAL JAPAN RAILWAY CO-REG-S 3.40000% 18-06.09.23 | 1 400 000.00 | 1 483 064.94 | 0.08 |
| USD	DBS BANK LTD-REG-S 3.30000% 18-27.11.21 | 500 000.00 | 507 415.75 | 0.03 |
| USD	DNB BOLIGKREDITT AS-REG-S 2.50000% 17-28.03.22 | 500 000.00 | 509 261.00 | 0.03 |
| USD	FAB SUKUK CO LTD-REG-S 3.87500% 19-22.01.24 | 1 600 000.00 | 1 719 500.00 | 0.09 |
| USD	FMS WERTMANAGEMENT 2.00000% 17-01.08.22 | 550 000.00 | 561 873.68 | 0.03 |
| USD	ING BANK NV-REG-S 2.62500% 12-05.12.22 | 400 000.00 | 414 237.60 | 0.02 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 14-25.11.24 | 800 000.00 | 854 747.71 | 0.04 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 15-29.07.25 | 1 650 000.00 | 1 772 537.36 | 0.09 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.87500% 20-14.05.30 | 2 026 000.00 | 1 896 060.97 | 0.10 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | KOREA GAS CORP-REG-S 2.87500% 19-16.07.29 | 1 000 000.00 | 1 058 000.00 | 0.05 |
| USD | KOREA NATIONAL OIL CORP-REG-S 3.25000% 14-10.07.24 | 2 200 000.00 | 2 370 022.60 | 0.12 |
| USD | KOREA NATIONAL OIL CORP-REG-S 1.62500% 20-05.10.30 | 950 000.00 | 893 202.92 | 0.05 |
| USD | KOREA, REPUBLIC OF 3.87500% 13-11.09.23 | 1 400 000.00 | 1 508 325.00 | 0.08 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.50000% 14-20.11.24 | 1 225 000.00 | 1 308 979.03 | 0.07 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 0.75000% 20-30.09.30 | 1 750 000.00 | 1 619 209.24 | 0.08 |
| USD | NATIONWIDE BUILDING SOCIETY-REG-S 1.70000% 20-13.02.23 | 1 284 000.00 | 1 313 360.70 | 0.07 |
| USD | NOVARTIS CAPITAL CORP 3.40000% 14-06.05.24 | 1 000 000.00 | 1 088 620.76 | 0.06 |
| USD | OESTERREICHISCHE KONTROLLBANK AG 2.37500% 14-01.10.21 | 675 000.00 | 680 008.43 | 0.03 |
| USD | ONTARIO, PROVINCE OF 1.12500% 20-07.10.30 | 2 570 000.00 | 2 408 545.19 | 0.12 |
| USD | ONTARIO, PROVINCE OF 3.20000% 14-16.05.24 | 1 645 000.00 | 1 775 854.34 | 0.09 |
| USD | SWEDBANK AB-REG-S 2.80000% 17-14.03.22 | 1 000 000.00 | 1 020 357.51 | 0.05 |
| Total USD |  |  | 30 399 756.26 | 1.57 |
| Total Bonds, fixed rate |  | 30 399 756.26 | 1.57 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 1.87500% 17-31.08.24 | 200 000.00 | 209 656.25 | 0.01 |
| USD	AMERICA, UNITED STATES OF 2.62500% 19-15.02.29 | 162 000.00 | 176 852.11 | 0.01 |
| USD	AMERICA, UNITED STATES OF 2.37500% 19-15.05.29 | 149 000.00 | 159 837.42 | 0.01 |
| USD	AMERICA, UNITED STATES OF 1.50000% 15-31.01.22 | 5 000.00 | 5 047.85 | 0.00 |
| USD	AMERICA, UNITED STATES OF 1.37500% 16-30.06.23 | 100 000.00 | 102 515.62 | 0.00 |
| USD	AMERICA, UNITED STATES OF 1.12500% 16-30.09.21 | 60 000.00 | 60 216.57 | 0.00 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 1 005 000.00 | 1 075 585.56 | 0.06 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 5 000.00 | 5 155.47 | 0.00 |
| USD	AMERICA, UNITED STATES OF 2.37500% 17-15.05.27 | 100 000.00 | 107 714.84 | 0.01 |
| USD	AMERICA, UNITED STATES OF 1.75000% 17-31.05.22 | 57 000.00 | 57 955.20 | 0.00 |
| USD	AMERICA, UNITED STATES OF 0.62500% 20-15.05.30 | 1 221 000.00 | 1 127 660.28 | 0.06 |
| USD	AMERICA, UNITED STATES OF 1.12500% 21-15.02.31 | 11 850 000.00 | 11 344 523.44 | 0.59 |
| Total USD |  | 14 432 720.61 | 0.75 |
| Total Treasury notes, fixed rate |  | 14 432 720.61 | 0.75 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 3 666 000.00 | 8 361 458.40 | 0.43 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 5 671 000.00 | 9 366 790.74 | 0.49 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 7 583 000.00 | 9 495 717.91 | 0.49 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 6 351 000.00 | 7 786 634.12 | 0.40 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 6 346 000.00 | 7 742 055.30 | 0.40 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 7 198 000.00 | 8 932 630.67 | 0.46 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 7 058 000.00 | 8 600 404.28 | 0.45 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.01.30 | 8 252 000.00 | 9 344 443.92 | 0.49 |
| Total USD |  | 69 630 135.34 | 3.61 |
| Total Treasury notes, floating rate |  | 69 630 135.34 | 3.61 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 651 681 641.45 | 33.75 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury bills, zero coupon |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 10.09.20-09.09.21 | 9 100 000.00 | 9 099 684.05 | 0.47 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 08.10.20-07.10.21 | 7 000 000.00 | 6 999 595.54 | 0.36 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 05.11.20-04.11.21 | 1 300 000.00 | 1 299 887.33 | 0.07 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 03.12.20-03.06.21 | 1 300 000.00 | 1 299 999.64 | 0.07 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 28.01.21-29.07.21 | 4 250 000.00 | 4 249 931.53 | 0.22 |
| Total USD |  | 22 949 098.09 | 1.19 |
| Total Treasury bills, zero coupon |  | 22 949 098.09 | 1.19 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	FANNIE MAE 2.12500% 16-24.04.26 | 2 500 000.00 | 2 659 692.17 | 0.14 |
| USD	NATIONAL AUSTRALIA BANK LTD NEW YORK 2.87500% 18-12.04.23 | 500 000.00 | 523 523.70 | 0.03 |
| USD	NATIONAL AUSTRALIA BANK LTD-144A 3.50000% 17-10.01.27 | 1 500 000.00 | 1 670 523.15 | 0.08 |
| USD	PROCTER & GAMBLE CO 2.30000% 12-06.02.22 | 725 000.00 | 735 783.69 | 0.04 |
| Total USD |  | 5 589 522.71 | 0.29 |
| Total Notes, fixed rate |  | 5 589 522.71 | 0.29 |
| Medium term notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	GOLDMAN SACHS GROUP INC/THE 3.85000% 14-08.07.24 | 1 022 000.00 | 1 112 339.86 | 0.06 |
| Total USD |  | 1 112 339.86 | 0.06 |
| Total Medium term notes, fixed rate |  | 1 112 339.86 | 0.06 |
| Medium term notes, zero coupon |  |  |  |
| USD |  |  |  |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.00000% 00-01.05.30 | 1 908 000.00 | 1 585 807.41 | 0.08 |
| Total USD |  | 1 585 807.41 | 0.08 |
| Total Medium term notes, zero coupon |  | 1 585 807.41 | 0.08 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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, fixed rate
| USD |  |
| --- | --- |
| USD | COMMONWEALTH BANK OF AUSTRALIA-REG-S 1.62500% 19-17.10.22 | 1 000 000.00 | 1 019 644.40 | 0.05 |
| USD | HSBC BANK CANADA-REG-S 1.65000% 19-10.09.22 | 750 000.00 | 763 624.80 | 0.04 |
| Total USD |  |  | 1 783 269.20 | 0.09 |
| Total Bonds, fixed rate |  | 1 783 269.20 | 0.09 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 6 205 000.00 | 7 447 302.67 | 0.39 |
| Total USD |  | 7 447 302.67 | 0.39 |
| Total Treasury notes, floating rate |  | 7 447 302.67 | 0.39 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 40 467 339.94 | 2.10 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Rights
The Netherlands
| EUR | KONINKLIJKE DSM NV (STOCK DIVIDEND) RIGHTS 04.06.21 | 12 076.00 | 12 384.53 | 0.00 |
| --- | --- | --- | --- | --- |
| EUR | NN GROUP NV (STOCK DIVIDEND) 09.06.21 | 3 825.00 | 6 779.97 | 0.01 |
| Total The Netherlands |  | 19 164.50 | 0.01 |
| Total Rights |  | 19 164.50 | 0.01 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.95000% 18-11.01.25 | 1 550 000.00 | 1 665 357.73 | 0.09 |
| USD	US BANK NA/CINCINNATI OH 2.65000% 19-23.05.22 | 1 400 000.00 | 1 431 188.15 | 0.07 |
| Total USD |  | 3 096 545.88 | 0.16 |
| Total Notes, fixed rate |  | 3 096 545.88 | 0.16 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	NATIONAL BANK OF CANADA 0.550%/VAR 20-15.11.24 | 796 000.00 | 794 337.85 | 0.04 |
| Total USD |  | 794 337.85 | 0.04 |
| Total Medium term notes, floating rate |  | 794 337.85 | 0.04 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	HSBC BANK CANADA-REG-S 3.30000% 18-28.11.21 | 1 350 000.00 | 1 370 260.07 | 0.07 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.75000% 17-22.06.24 | 950 000.00 | 1 012 276.93 | 0.05 |
| Total USD |  | 2 382 537.00 | 0.12 |
| Total Bonds, fixed rate |  | 2 382 537.00 | 0.12 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market |  | 6 292 585.23 | 0.33 |
| Recently issued transferable securities and money market instruments |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	NESTLE HOLDINGS INC-144A 1.00000% 20-15.09.27	1 600 000.00 | 1 557 155.84 | 0.08 |
| Total USD | 1 557 155.84 | 0.08 |
| Total Notes, fixed rate | 1 557 155.84 | 0.08 |
| Total Recently issued transferable securities and money market instruments | 1 557 155.84 | 0.08 |

UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010
Investment funds, open end
| Ireland |  |
| --- | --- |
| USD | MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP | 241 045.63 | 33 905 478.46 | 1.76 |
| USD | SOURCE MARKETS PLC - MSCI USA SOURCE ETF-A | 620 719.00 | 73 055 522.71 | 3.78 |
| USD | UBS (IRL) ETF PLC-MSCI USA UCITS-ACC-A-USD-ETF | 3 240 001.00 | 76 480 223.61 | 3.96 |
| USD | UBS IRL FND SOLUTIONS PLC-MSCI USA SF INDEX-SHS-A-USD-ACC | 1 158 622.00 | 141 216 441.09 | 7.32 |
| USD | UBS(IRL)FUND SOLUTION PLC-MSCI USA SF UCITS SHS-A-ETF-ACC | 1 293 802.00 | 151 814 726.68 | 7.86 |
| Total Ireland |  | 476 472 392.55 | 24.68 |
| Luxembourg |  |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 4 356.98 | 54 032 439.05 | 2.80 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP | 192 531.70 | 25 810 799.70 | 1.34 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP | 1 303 463.33 | 18 222 417.38 | 0.94 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC | 367 304.00 | 46 026 864.24 | 2.38 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC | 197 084.00 | 69 314 442.80 | 3.59 |
| USD | UBS (LUX) BOND SICAV USD - INVEST GRADE CORP USD F ACC | 2 464.69 | 288 081 347.90 | 14.92 |
| USD | UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC | 488 431.00 | 61 732 794.09 | 3.20 |
| USD | UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 43 459.00 | 92 931 421.83 | 4.81 |
| USD | UBS (LUX) MONEY MARKET FUND - USD U-X-ACC | 1.00 | 11 227.66 | 0.00 |
| Total Luxembourg | 656 163 754.65 | 33.98 |
| Total Investment funds, open end | 1 132 636 147.20 | 58.66 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 1 132 636 147.20 | 58.66 |
| Total investments in securities | 1 832 634 869.66 | 94.92 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments listed on an official stock exchange |
| Financial Futures on bonds |
|  |  |  |  |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.21 | -395.00 | -28 609.38 | 0.00 |
| USD	US LONG BOND FUTURE 21.09.21 | -24.00 | -2 812.49 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.21 | -453.00 | -40 500.00 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.21 | -315.00 | -21 461.09 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.21 | -794.00 | -74 437.50 | -0.01 |
| Total Financial Futures on bonds |  | -167 820.46 | -0.01 |
| Financial Futures on Indices |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 18.06.21 | 354.00 | 916 584.03 | 0.05 |
| CHF	SWISS MARKET INDEX FUTURE 18.06.21 | 39.00 | 250 936.79 | 0.01 |
| GBP	FTSE 100 INDEX FUTURE 18.06.21 | 75.00 | 283 120.16 | 0.01 |
| SEK	OMX 30 INDEX FUTURE 18.06.21 | 80.00 | 964.76 | 0.00 |
| USD	S&P500 EMINI FUTURE 18.06.21 | 831.00 | 9 531 525.00 | 0.49 |
| JPY	TOPIX INDX FUTURE 10.06.21 | 68.00 | 289 958.41 | 0.02 |
| AUD	SPI 200 INDEX FUTURES 17.06.21 | 23.00 | 171 200.51 | 0.01 |
| HKD	HANG SENG INDEX FUTURE 29.06.21 | 11.00 | 10 442.84 | 0.00 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 18.06.21 | 1 999.00 | 1 465 515.00 | 0.08 |
| CAD	S&P/TSX 60 INDEX FUTURE 17.06.21 | 29.00 | 308 934.69 | 0.02 |
| Total Financial Futures on Indices |  | 13 229 182.19 | 0.69 |
| Total Derivative instruments listed on an official stock exchange |  | 13 061 361.73 | 0.68 |
| Total Derivative instruments |  | 13 061 361.73 | 0.68 |
| Forward Foreign Exchange contracts |  |  |  |
| Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |  |

| USD | 2 646 621.21 | DKK | 16 500 000.00 | 4.6.2021 | -65 920.85 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 13 682 832.74 | CAD | 17 050 000.00 | 4.6.2021 | -430 198.43 | -0.02 |
| USD | 394 979.75 | NZD | 550 000.00 | 4.6.2021 | -5 419.33 | 0.00 |
| USD | 1 262 652.52 | SGD | 1 700 000.00 | 4.6.2021 | -24 295.18 | 0.00 |
| USD | 3 670 022.48 | HKD | 28 500 000.00 | 4.6.2021 | -2 051.44 | 0.00 |
| USD | 34 311 746.46 | JPY | 3 739 500 000.00 | 4.6.2021 | 128 017.20 | 0.01 |
| USD | 3 588 020.86 | SEK | 30 500 000.00 | 4.6.2021 | -90 170.74 | 0.00 |
| USD | 707 665.50 | NOK | 6 000 000.00 | 4.6.2021 | -13 555.67 | 0.00 |
| USD | 8 578 295.77 | AUD | 11 090 000.00 | 4.6.2021 | -5 955.70 | 0.00 |
| USD | 25 185 060.87 | GBP | 18 110 000.00 | 4.6.2021 | -558 334.32 | -0.03 |
| USD | 83 001 178.81 | EUR | 69 570 461.98 | 4.6.2021 | -2 061 001.54 | -0.11 |
| USD | 14 085 894.73 | CHF | 13 010 000.00 | 4.6.2021 | -380 510.63 | -0.02 |
| CAD | 1 500 000.00 | USD | 1 193 771.38 | 4.6.2021 | 47 844.27 | 0.00 |
| JPY | 150 000 000.00 | USD | 1 382 716.60 | 4.6.2021 | -11 528.10 | 0.00 |
| EUR | 700 000.00 | USD | 833 861.70 | 4.6.2021 | 22 011.96 | 0.00 |
| GBP | 700 000.00 | USD | 965 828.50 | 4.6.2021 | 29 222.67 | 0.00 |
| USD | 1 871 585.35 | CAD | 2 350 000.00 | 4.6.2021 | -73 612.49 | 0.00 |
| USD | 2 503 350.99 | EUR | 2 100 000.00 | 4.6.2021 | -64 270.00 | 0.00 |
| CAD | 1 000 000.00 | USD | 801 031.09 | 4.6.2021 | 26 712.67 | 0.00 |
| EUR | 700 000.00 | USD | 843 180.10 | 4.6.2021 | 12 693.56 | 0.00 |
| GBP | 700 000.00 | USD | 970 365.90 | 4.6.2021 | 24 685.27 | 0.00 |
| USD | 1 083 549.60 | EUR | 900 000.00 | 4.6.2021 | -16 859.40 | 0.00 |
| USD | 3 026 121.09 | HKD | 23 500 000.00 | 14.7.2021 | -1 999.95 | 0.00 |
| USD | 13 788 665.34 | CAD | 16 700 000.00 | 14.7.2021 | -33 785.73 | 0.00 |
| USD | 23 326 715.45 | JPY | 2 541 500 000.00 | 14.7.2021 | 86 951.66 | 0.00 |
| USD | 9 654 765.75 | GBP | 6 865 000.00 | 14.7.2021 | -104 283.50 | -0.01 |
| USD | 8 478 911.52 | AUD | 10 800 000.00 | 14.7.2021 | 117 628.23 | 0.01 |
| USD | 1 281 059.09 | SGD | 1 700 000.00 | 14.7.2021 | -5 736.99 | 0.00 |
| USD | 3 662 211.54 | SEK | 30 500 000.00 | 14.7.2021 | -17 208.01 | 0.00 |
| USD | 2 696 943.48 | DKK | 16 500 000.00 | 14.7.2021 | -17 357.77 | 0.00 |
| USD | 400 002.90 | NZD | 550 000.00 | 14.7.2021 | -358.06 | 0.00 |
| USD | 731 739.53 | NOK | 6 000 000.00 | 14.7.2021 | 10 464.40 | 0.00 |
| USD | 7 371 992.87 | CHF | 6 635 000.00 | 14.7.2021 | -13 449.03 | 0.00 |
| USD | 46 948 908.61 | EUR | 38 615 000.00 | 14.7.2021 | -301 889.88 | -0.02 |
| USD | 414 898.35 | ILS | 1 350 000.00 | 4.6.2021 | -680.84 | 0.00 |
| USD | 415 067.76 | ILS | 1 350 000.00 | 14.7.2021 | -646.83 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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
| SGD | 66 139 200.00 | USD | 49 698 006.19 | 28.6.2021 | 367 755.28 | 0.02 |
| --- | --- | --- | --- | --- | --- | --- |
| SGD | 186 600.00 | USD | 140 412.68 | 28.6.2021 | 838.97 | 0.00 |
| AUD | 60 814 700.00 | USD | 47 224 323.44 | 28.6.2021 | -145 443.24 | -0.01 |
| GBP | 49 895 600.00 | USD | 70 755 897.56 | 28.6.2021 | 173 040.60 | 0.01 |
| CAD | 46 069 700.00 | USD | 38 247 389.75 | 28.6.2021 | -114 942.14 | -0.01 |
| SEK | 86 629 300.00 | USD | 10 497 130.45 | 28.6.2021 | -47 930.64 | 0.00 |
| EUR | 250 310 200.00 | USD | 307 063 281.96 | 28.6.2021 | -879 721.72 | -0.05 |
| CHF | 265 025 400.00 | USD | 296 920 445.83 | 28.6.2021 | -2 054 910.32 | -0.11 |
| AUD | 170 000.00 | USD | 131 474.60 | 1.6.2021 | 113.90 | 0.00 |
| EUR | 805 100.00 | USD | 981 513.51 | 1.6.2021 | 2 842.01 | 0.00 |
| USD | 981 998.99 | EUR | 805 100.00 | 28.6.2021 | -2 812.59 | 0.00 |
| USD | 131 487.06 | AUD | 170 000.00 | 28.6.2021 | -116.15 | 0.00 |
| SGD | 347 300.00 | USD | 262 628.30 | 28.6.2021 | 269.33 | 0.00 |
| SGD | 1 633 900.00 | USD | 1 236 308.22 | 28.6.2021 | 514.23 | 0.00 |
| USD | 826 249.25 | CHF | 742 000.00 | 28.6.2021 | 704.88 | 0.00 |
| Total Forward Foreign Exchange contracts | -6 494 646.12 | -0.34 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 93 048 982.76 | 4.82 |
| Bank overdraft and other short-term liabilities | -589.19 | 0.00 |
| Other assets and liabilities | -1 458 900.93 | -0.08 |
| Total net assets | 1 930 791 077.91 | 100.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Annual report and audited financial statements as of 31 May 2021

Translation (ENDE, 2021-05-31):
# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Medium (USD)
| Dreijahresvergleich |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Nettovermögen in USD |  | 1 930 791 077.91 | 2 011 788 426.80 | 2 120 118 601.72 |
| Klasse K-1-4%-mdist | LU1717044132 |  |  |  |
| Aktien im Umlauf |  | 7.5000 | 6.8000 | 5.3000 |
| Nettoinventarwert pro Aktie in USD |  | 5 277 174.71 | 4 659 950.74 | 4 899 382.39 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 5 277 174.71 | 4 659 950.74 | 4 899 382.39 |
| Klasse (EUR hedged) K-1-4%-mdist 2 | LU1629324036 |  |  |  |
| Aktien im Umlauf |  | - | 0.1000 | 3.5000 |
| Nettoinventarwert pro Aktie in EUR |  | - | 2 666 513.90 | 2 871 542.99 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | - | 2 666 513.90 | 2 871 542.99 |
| Klasse K-1-acc | LU1616912835 |  |  |  |
| Aktien im Umlauf |  | 21.0000 | 22.5000 | 20.9000 |
| Nettoinventarwert pro Aktie in USD |  | 6 267 187.70 | 5 319 709.70 | 5 373 622.91 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 6 267 187.70 | 5 319 709.70 | 5 373 622.91 |
| Klasse (CHF hedged) K-1-acc 3 | LU1622991237 |  |  |  |
| Aktien im Umlauf |  | - | - | 0.7000 |
| Nettoinventarwert pro Aktie in CHF |  | - | - | 5 076 001.00 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | - | - | 5 076 001.00 |
| Klasse (EUR hedged) K-1-acc | LU1622991153 |  |  |  |
| Aktien im Umlauf |  | 4.5000 | 3.4000 | 4.7000 |
| Nettoinventarwert pro Aktie in EUR |  | 3 473 137.05 | 2 984 785.19 | 3 087 926.94 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 3 473 137.05 | 2 984 785.19 | 3 087 926.94 |
| Klasse P-4%-mdist | LU1599187181 |  |  |  |
| Aktien im Umlauf |  | 1 228 616.5450 | 1 805 880.7630 | 2 117 416.0230 |
| Nettoinventarwert pro Aktie in USD |  | 106.07 | 94.07 | 99.32 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 106.07 | 94.07 | 99.32 |
| Klasse (HKD) P-4%-mdist | LU1647379426 |  |  |  |
| Aktien im Umlauf |  | 194 031.7120 | 339 434.5040 | 462 432.4010 |
| Nettoinventarwert pro Aktie in HKD |  | 1 042.26 | 923.49 | 986.79 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 1 042.26 | 923.49 | 986.79 |
| Klasse P-acc | LU1599186969 |  |  |  |
| Aktien im Umlauf |  | 4 457 096.7330 | 5 432 559.8130 | 5 559 346.9120 |
| Nettoinventarwert pro Aktie in USD |  | 123.78 | 105.57 | 107.15 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 123.78 | 105.57 | 107.15 |
| Klasse (HKD) P-acc | LU1603467017 |  |  |  |
| Aktien im Umlauf |  | 337 205.7930 | 426 426.3760 | 555 478.3460 |
| Nettoinventarwert pro Aktie in HKD |  | 1 232.86 | 1 050.14 | 1 078.16 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 1 232.86 | 1 050.14 | 1 078.16 |
| Klasse (AUD hedged) P-acc | LU1603467363 |  |  |  |
| Aktien im Umlauf |  | 512 914.2680 | 711 040.5270 | 595 848.9110 |
| Nettoinventarwert pro Aktie in AUD |  | 120.84 | 103.83 | 106.94 |
| Ausgabe- und Rücknahmepreis pro Aktie in AUD 1 |  | 120.84 | 103.83 | 106.94 |
| Klasse (CAD hedged) P-acc | LU1603467108 |  |  |  |
| Aktien im Umlauf |  | 276 731.5780 | 414 456.8890 | 448 319.5320 |
| Nettoinventarwert pro Aktie in CAD |  | 120.53 | 103.28 | 105.65 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 1 |  | 120.53 | 103.28 | 105.65 |
| Klasse (CHF hedged) P-acc | LU1599187264 |  |  |  |
| Aktien im Umlauf |  | 1 810 374.3710 | 2 107 701.4960 | 2 077 072.9020 |
| Nettoinventarwert pro Aktie in CHF |  | 111.82 | 96.76 | 101.12 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 111.82 | 96.76 | 101.12 |
| Klasse (EUR hedged) P-acc | LU1599187421 |  |  |  |
| Aktien im Umlauf |  | 1 446 162.4820 | 1 841 710.8150 | 2 149 396.9750 |
| Nettoinventarwert pro Aktie in EUR |  | 113.45 | 97.99 | 101.87 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 113.45 | 97.99 | 101.87 |
| Klasse (GBP hedged) P-acc | LU1611257418 |  |  |  |
| Aktien im Umlauf |  | 316 285.3760 | 433 832.9910 | 346 984.7990 |
| Nettoinventarwert pro Aktie in GBP |  | 117.38 | 100.81 | 104.04 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | 117.38 | 100.81 | 104.04 |
| Klasse (SGD hedged) P-acc | LU1599187777 |  |  |  |
| Aktien im Umlauf |  | 297 649.8100 | 480 359.5110 | 436 591.7930 |
| Nettoinventarwert pro Aktie in SGD |  | 121.21 | 103.67 | 105.87 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 |  | 121.21 | 103.67 | 105.87 |
| Klasse Q-4%-mdist | LU1895574181 |  |  |  |
| Aktien im Umlauf |  | 202 476.2000 | 250 295.3380 | 179 020.0620 |
| Nettoinventarwert pro Aktie in USD |  | 110.58 | 97.33 | 102.01 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 110.58 | 97.33 | 102.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Klasse (HKD) Q-4%-mdist | LU1891428119 |  |  |  |
| Aktien im Umlauf |  | 22 184.2590 | 63 906.8490 | 80 633.6330 |
| Nettoinventarwert pro Aktie in HKD |  | 1 094.78 | 962.66 | 1 021.00 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 1 094.78 | 962.66 | 1 021.00 |
| Klasse Q-acc | LU1599187009 |  |  |  |
| Aktien im Umlauf |  | 1 116 449.4790 | 1 444 940.2410 | 1 172 458.7630 |
| Nettoinventarwert pro Aktie in USD |  | 127.54 | 107.96 | 108.76 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 127.54 | 107.96 | 108.76 |
| Klasse (HKD) Q-acc | LU1891428465 |  |  |  |
| Aktien im Umlauf |  | 24 500.1210 | 9 399.5640 | 16 415.1520 |
| Nettoinventarwert pro Aktie in HKD |  | 1 208.17 | 1 021.40 | 1 040.84 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 1 208.17 | 1 021.40 | 1 040.84 |
| Klasse (CAD hedged) Q-acc | LU1891428895 |  |  |  |
| Aktien im Umlauf |  | 112 141.8740 | 101 986.0830 | 63 607.7480 |
| Nettoinventarwert pro Aktie in CAD |  | 119.85 | 101.94 | 103.50 |
| Ausgabe- und Rücknahmepreis pro Aktie in CAD 1 |  | 119.85 | 101.94 | 103.50 |
| Klasse (CHF hedged) Q-acc | LU1599187348 |  |  |  |
| Aktien im Umlauf |  | 557 637.8780 | 736 363.2800 | 776 353.9840 |
| Nettoinventarwert pro Aktie in CHF |  | 115.23 | 98.96 | 102.66 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 115.23 | 98.96 | 102.66 |
| Klasse (EUR hedged) Q-acc | LU1599187694 |  |  |  |
| Aktien im Umlauf |  | 622 150.3550 | 909 507.0590 | 940 295.5580 |
| Nettoinventarwert pro Aktie in EUR |  | 116.90 | 100.21 | 103.41 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 116.90 | 100.21 | 103.41 |
| Klasse (GBP hedged) Q-acc | LU1616912595 |  |  |  |
| Aktien im Umlauf |  | 112 575.5120 | 99 035.6990 | 81 089.3390 |
| Nettoinventarwert pro Aktie in GBP |  | 120.61 | 102.81 | 105.32 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | 120.61 | 102.81 | 105.32 |
| Klasse (SEK hedged) Q-acc | LU1599187850 |  |  |  |
| Aktien im Umlauf |  | 107 178.5600 | 207 833.1350 | 278 937.2570 |
| Nettoinventarwert pro Aktie in SEK |  | 815.40 | 697.51 | 718.69 |
| Ausgabe- und Rücknahmepreis pro Aktie in SEK 1 |  | 815.40 | 697.51 | 718.69 |
| Klasse (SGD hedged) Q-acc | LU1891428036 |  |  |  |
| Aktien im Umlauf | 268 364.8260 |  | 313 436.1660 | 220 008.7610 |
| Nettoinventarwert pro Aktie in SGD | 120.36 |  | 102.17 | 103.57 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 | 120.36 |  | 102.17 | 103.57 |
| 1  Siehe Erläuterung 1 2  Die Aktienklasse (EUR hedged) K-1-4%-mdist war bis zum 18.5.2021 im Umlauf 3  Für die Periode vom 12.6.2017 bis zum 9.3.2020 war die Aktienklasse (CHF hedged) K-1-acc im Umlauf |  |  |  |  |
| Performance |  |  |  |  |
|  | Währung | 2020/2021 | 2019/2020 | 2018/2019 |
| Klasse K-1-4%-mdist | USD | 17.8% | -1.0% | 2.3% |
| Klasse (EUR hedged) K-1-4%-mdist 1 | EUR | - | -3.3% | -0.7% |
| Klasse K-1-acc | USD | 17.8% | -1.0% | 2.3% |
| Klasse (CHF hedged) K-1-acc 2 | CHF | - | - | -1.0% |
| Klasse (EUR hedged) K-1-acc | EUR | 16.4% | -3.3% | -0.7% |
| Klasse P-4%-mdist | USD | 17.2% | -1.5% | 1.8% |
| Klasse (HKD) P-4%-mdist | HKD | 17.4% | -2.6% | 1.7% |
| Klasse P-acc | USD | 17.2% | -1.5% | 1.8% |
| Klasse (HKD) P-acc | HKD | 17.4% | -2.6% | 1.7% |
| Klasse (AUD hedged) P-acc | AUD | 16.4% | -2.9% | 1.4% |
| Klasse (CAD hedged) P-acc | CAD | 16.7% | -2.2% | 1.0% |
| Klasse (CHF hedged) P-acc | CHF | 15.6% | -4.3% | -1.5% |
| Klasse (EUR hedged) P-acc | EUR | 15.8% | -3.8% | -1.2% |
| Klasse (GBP hedged) P-acc | GBP | 16.4% | -3.1% | -0.0% |
| Klasse (SGD hedged) P-acc | SGD | 16.9% | -2.1% | 1.1% |
| Klasse Q-4%-mdist | USD | 18.1% | -0.7% | - |
| Klasse (HKD) Q-4%-mdist | HKD | 18.3% | -1.9% | - |
| Klasse Q-acc | USD | 18.1% | -0.7% | 2.5% |
| Klasse (HKD) Q-acc | HKD | 18.3% | -1.9% | - |
| Klasse (CAD hedged) Q-acc | CAD | 17.6% | -1.5% | - |
| Klasse (CHF hedged) Q-acc | CHF | 16.4% | -3.6% | -0.8% |
| Klasse (EUR hedged) Q-acc | EUR | 16.7% | -3.1% | -0.4% |
| Klasse (GBP hedged) Q-acc | GBP | 17.3% | -2.4% | 0.7% |
| Klasse (SEK hedged) Q-acc | SEK | 16.9% | -2.9% | -0.3% |
| Klasse (SGD hedged) Q-acc | SGD | 17.8% | -1.4% | - |

1 
Die Aktienklasse (EUR hedged) K-1-4%-mdist war bis zum 18.5.2021 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2021 vor.
2 
Für die Periode vom 12.6.2017 bis zum 9.3.2020 war die Aktienklasse (CHF hedged) K-1-acc im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2021 vor.
Die historische Performance stellt keinen Indikator für die laufende oder zukünftige Performance dar.
Die Performancedaten lassen die bei der Ausgabe und Rücknahme der Aktien erhobenen Kommissionen und Kosten unberücksichtigt. Die Performancedaten sind ungeprüft.
Der Subfonds verfügt über keine Benchmark.
UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Bericht des Portfolio Managers
Das Rechnungsjahr vom 1. Juni 2020 bis zum 31. Mai 2021 war von der Erholung von der Pandemie geprägt. Seit dem Höhepunkt der Pandemie im Frühjahr wurde das Marktnarrativ vom Übergang hin zu einer «neuen Normalität» dominiert, der von den Kräften der tech- nologischen Disruption, der Defizitfinanzierung und weiteren Zentralbankmassnahmen vorangetrieben wird. Die Zentralbanken deuteten eine Fortsetzung der akkommodierenden Geldpolitik und den Umstieg auf flexible Inflationsziele hin. Zu Beginn des Finanzjahres legten Risikoanlagen, insbesondere Wachstumsaktien, kräftig zu. Die Kombination aus der Aufhebung von Lockdown-Massnahmen in grossen Volkswirtschaften, vielversprechenden Meldungen über pharmazeutische Entwicklungen bei der Bekämpfung des Coronavirus und der fortgesetzten geld- und fiskalpolitischen Unter- stützung stärkte das Vertrauen der Anleger. Später im Rechnungsjahr kamen die Konjunkturerholung und steigende Renditen Substanzwerten stärker zugute als Wachstumsaktien.
Im festverzinslichen Bereich führte die zunehmende Risi- kobereitschaft, die auf die signifikante Ausweitung der Risikoprämien (Spreads) in den ersten Monaten nach den Lockdowns wegen Covid-19 folgte, zu einer Ver- engung der Spreads im Grossteil des restlichen Finanz- jahres, während die nominalen Renditen aufgrund der fortgesetzten geldpolitischen Unterstützung auf tieferen Niveaus verankert waren. Erst später im Rechnungsjahr kamen allmählich Bedenken über die Inflation auf. Dies führte zur Versteilerung der Renditekurve in Erwartung steigender langfristiger Renditen.
Im Rechnungsjahr erwirtschaftete der Subfonds eine positive Performance. Zu Beginn des Rechnungsjahres war die Strategie auf ein geringeres Risiko ausgerich- tet. Später wurde das Risikoengagement jedoch ange- hoben, da sich im Laufe des Rechnungsjahres eine nachhaltigere Erholung abzeichnete. So profitierte die Strategie gegen Ende des Rechnungsjahres vom Umfeld der allgemein grösseren Risikobereitschaft.

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Luxemburg | 34.86 |
| --- | --- |
| Irland | 27.97 |
| Vereinigte Staaten | 11.63 |
| Japan | 2.92 |
| Kanada | 2.63 |
| Deutschland | 1.74 |
| Grossbritannien | 1.61 |
| Frankreich | 1.54 |
| Niederlande | 1.40 |
| Australien | 1.38 |
| Schweiz | 1.12 |
| Südkorea | 0.87 |
| Philippinen | 0.48 |
| Schweden | 0.47 |
| Supranational | 0.44 |
| Hongkong | 0.37 |
| Singapur | 0.36 |
| Norwegen | 0.36 |
| Kuwait | 0.36 |
| Vereinigte Arabische Emirate | 0.33 |
| Dänemark | 0.31 |
| Spanien | 0.30 |
| Katar | 0.27 |
| Italien | 0.25 |
| Cayman-Inseln | 0.17 |
| Finnland | 0.15 |
| Jersey | 0.11 |
| Saudiarabia | 0.11 |
| Belgien | 0.11 |
| Neuseeland | 0.09 |
| Israel | 0.06 |
| Österreich | 0.06 |
| Britische Jungferninseln | 0.04 |
| Portugal | 0.02 |
| Macau | 0.01 |
| Isle of Man | 0.01 |
| China | 0.01 |
| Total | 94.92 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Anlagefonds | 58.68 |
| --- | --- |
| Länder- & Zentralregierungen | 6.75 |
| Finanz- & Beteiligungsgesellschaften | 6.38 |
| Banken & Kreditinstitute | 4.00 |
| Supranationale Organisationen | 2.79 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 1.39 |
| Internet, Software & IT-Dienste | 1.32 |
| Erdöl | 1.26 |
| Kantone, Bundesstaaten | 1.18 |
| Computer & Netzwerkausrüster | 0.94 |
| Elektronik & Halbleiter | 0.84 |
| Nahrungsmittel & Softdrinks | 0.69 |
| Diverse Dienstleistungen | 0.62 |
| Detailhandel, Warenhäuser | 0.62 |
| Versicherungen | 0.60 |
| Energie- & Wasserversorgung | 0.57 |
| Verkehr & Transport | 0.53 |
| Fahrzeuge | 0.51 |
| Chemie | 0.48 |
| Telekommunikation | 0.46 |
| Tabak & alkoholische Getränke | 0.42 |
| Maschinen & Apparate | 0.39 |
| Immobilien | 0.37 |
| Baugewerbe & Baumaterial | 0.33 |
| Biotechnologie | 0.29 |
| Textilien, Kleidung & Lederwaren | 0.28 |
| Elektrische Geräte & Komponenten | 0.26 |
| Bergbau, Kohle & Stahl | 0.24 |
| Diverse Konsumgüter | 0.22 |
| Öffentlich-rechtliche Körperschaften | 0.18 |
| Nichteisenmetalle | 0.16 |
| Grafisches Gewerbe, Verlage & Medien | 0.16 |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 0.14 |
| Diverse Handelsfirmen | 0.13 |
| Edelmetalle und -steine | 0.12 |
| Flugzeug- & Raumfahrtindustrie | 0.12 |
| Gastgewerbe & Freizeit | 0.11 |
| Diverse Investitionsgüter | 0.08 |
| Forstwirtschaft, Holz & Papier | 0.06 |
| Uhren & Schmuck | 0.05 |
| Gummi & Reifen | 0.05 |
| Landwirtschaft & Fischerei | 0.04 |
| Gesundheits- & Sozialwesen | 0.04 |
| Diverse nicht klassierte Gesellschaften | 0.03 |
| Photo & Optik | 0.02 |
| Verpackungsindustrie | 0.01 |
| Umwelt & Recycling | 0.01 |
| Total | 94.92 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Nettovermögensaufstellung
Aktiva	31.5.2021
USD
Wertpapierbestand, Einstandswert	1 563 614 908.62
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	269 019 961.04	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 1 832 634 869.66 |
| Bankguthaben, Sicht- und Fristgelder | 80 582 464.24 |
| Andere liquide Mittel (Margins) | 12 466 518.52 |
| Forderungen aus Wertpapierverkäufen (Erläuterung 1) | 62 723.47 |
| Forderungen aus Zeichnungen | 7 728 888.38 |
| Zinsforderungen aus Wertpapieren | 1 597 806.94 |
| Forderungen aus Dividenden | 707 782.79 |
| Sonstige Forderungen | 493 791.94 |
| Nicht realisierter Kursgewinn aus Finanzterminkontrakten (Erläuterung 1) | 13 061 361.73 |
| Total Aktiva | 1 949 336 207.67 |
|  |  |
| Passiva |  |
| Nicht realisierter Kursverlust aus Devisenterminkontrakten (Erläuterung 1) | -6 494 646.12 |
| Kontokorrentkredit | -589.19 |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -157 711.34 |
| Verbindlichkeiten aus Rücknahmen | -8 229 714.63 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -3 212 450.68 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -106 803.01 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-343 214.79	 |
| Total Rückstellungen für Aufwendungen | -3 662 468.48 |
| Total Passiva | -18 545 129.76 |
|  |  |
| Nettovermögen am Ende des Geschäftsjahres | 1 930 791 077.91 |
| Ertrags- und Aufwandsrechnung | USD |
| Erträge | 1.6.2020-31.5.2021 |
| Zinsertrag auf liquide Mittel | 81.22 |
| Zinsen auf Wertpapiere | 7 683 689.99 |
| Dividenden | 7 195 100.00 |
| Erträge aus Securities Lending (Erläuterung 15) | 487 352.23 |
| Sonstige Erträge (Erläuterung 4) | 472 401.66 |
| Total Erträge | 15 838 625.10 |
|  |  |
| Aufwendungen |  |
| Kosten aus Securities Lending (Erläuterung 15) | -194 940.89 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -26 050 428.76 |
| Abonnementsabgabe (Erläuterung 3) | -647 897.99 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -407 314.57 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -176 964.35 |
| Total Aufwendungen | -27 477 546.56 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | -11 638 921.46 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | 115 343 913.06 |
| Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten | 11 315.25 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | -57 644 741.79 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | 46 138 881.01 |
| Realisierter Währungsgewinn (-verlust) | 12 079 325.51 |
| Total der realisierten Gewinne (Verluste) | 115 928 693.04 |
|  |  |
| Realisierter Nettogewinn (-verlust) des Geschäftsjahres | 104 289 771.58 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | 203 687 927.62 |
| Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente | 45 912.83 |
| Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten | 91 312 843.94 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -15 808 399.41 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 279 238 284.98 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 383 528 056.56 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Veränderung des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Nettovermögen zu Beginn des Geschäftsjahres | 2 011 788 426.80 |
| Zeichnungen | 206 352 918.57 |
| Rücknahmen | 	-661 191 845.58	 |
| Total Mittelzufluss (-abfluss) | -454 838 927.01 |
| Ausbezahlte Dividende | -9 686 478.44 |
| Nettoerträge (-verluste) aus Anlagen | -11 638 921.46 |
| Total der realisierten Gewinne (Verluste) | 115 928 693.04 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	279 238 284.98	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 383 528 056.56 |
| Nettovermögen am Ende des Geschäftsjahres | 1 930 791 077.91 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2020-31.5.2021 |
| Klasse | K-1-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 6.8000 |
| Anzahl der ausgegebenen Aktien | 0.7000 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 7.5000 |
| Klasse | (EUR hedged) K-1-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 0.1000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -0.1000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 22.5000 |
| Anzahl der ausgegebenen Aktien | 0.1000 |
| Anzahl der zurückgegebenen Aktien | -1.6000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 21.0000 |
| Klasse | (EUR hedged) K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 3.4000 |
| Anzahl der ausgegebenen Aktien | 3.1000 |
| Anzahl der zurückgegebenen Aktien | -2.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 4.5000 |
| Klasse | P-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 805 880.7630 |
| Anzahl der ausgegebenen Aktien | 37 216.6650 |
| Anzahl der zurückgegebenen Aktien | -614 480.8830 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 228 616.5450 |
| Klasse | (HKD) P-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 339 434.5040 |
| Anzahl der ausgegebenen Aktien | 2 494.6290 |
| Anzahl der zurückgegebenen Aktien | -147 897.4210 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 194 031.7120 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 5 432 559.8130 |
| Anzahl der ausgegebenen Aktien | 420 751.2320 |
| Anzahl der zurückgegebenen Aktien | -1 396 214.3120 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 4 457 096.7330 |
| Klasse | (HKD) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 426 426.3760 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -89 220.5830 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 337 205.7930 |
| Klasse | (AUD hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 711 040.5270 |
| Anzahl der ausgegebenen Aktien | 26 963.6280 |
| Anzahl der zurückgegebenen Aktien | -225 089.8870 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 512 914.2680 |
| Klasse | (CAD hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 414 456.8890 |
| Anzahl der ausgegebenen Aktien | 21 535.7410 |
| Anzahl der zurückgegebenen Aktien | -159 261.0520 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 276 731.5780 |
| Klasse | (CHF hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 2 107 701.4960 |
| Anzahl der ausgegebenen Aktien | 187 192.1140 |
| Anzahl der zurückgegebenen Aktien | -484 519.2390 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 810 374.3710 |
| Klasse | (EUR hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 841 710.8150 |
| Anzahl der ausgegebenen Aktien | 261 331.2550 |
| Anzahl der zurückgegebenen Aktien | -656 879.5880 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 446 162.4820 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Klasse | (GBP hedged) P-acc |
| --- | --- |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 433 832.9910 |
| Anzahl der ausgegebenen Aktien | 57 353.0200 |
| Anzahl der zurückgegebenen Aktien | -174 900.6350 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 316 285.3760 |
| Klasse | (SGD hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 480 359.5110 |
| Anzahl der ausgegebenen Aktien | 9 826.5780 |
| Anzahl der zurückgegebenen Aktien | -192 536.2790 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 297 649.8100 |
| Klasse | Q-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 250 295.3380 |
| Anzahl der ausgegebenen Aktien | 52 120.5060 |
| Anzahl der zurückgegebenen Aktien | -99 939.6440 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 202 476.2000 |
| Klasse | (HKD) Q-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 63 906.8490 |
| Anzahl der ausgegebenen Aktien | 1 149.4100 |
| Anzahl der zurückgegebenen Aktien | -42 872.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 22 184.2590 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 444 940.2410 |
| Anzahl der ausgegebenen Aktien | 203 032.5560 |
| Anzahl der zurückgegebenen Aktien | -531 523.3180 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 116 449.4790 |
| Klasse | (HKD) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 9 399.5640 |
| Anzahl der ausgegebenen Aktien | 16 478.5570 |
| Anzahl der zurückgegebenen Aktien | -1 378.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 24 500.1210 |
| Klasse | (CAD hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 101 986.0830 |
| Anzahl der ausgegebenen Aktien | 22 030.0150 |
| Anzahl der zurückgegebenen Aktien | -11 874.2240 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 112 141.8740 |
| Klasse | (CHF hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 736 363.2800 |
| Anzahl der ausgegebenen Aktien | 71 558.5800 |
| Anzahl der zurückgegebenen Aktien | -250 283.9820 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 557 637.8780 |
| Klasse | (EUR hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 909 507.0590 |
| Anzahl der ausgegebenen Aktien | 90 240.7970 |
| Anzahl der zurückgegebenen Aktien | -377 597.5010 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 622 150.3550 |
| Klasse | (GBP hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 99 035.6990 |
| Anzahl der ausgegebenen Aktien | 53 052.2990 |
| Anzahl der zurückgegebenen Aktien | -39 512.4860 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 112 575.5120 |
| Klasse | (SEK hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 207 833.1350 |
| Anzahl der ausgegebenen Aktien | 5 174.6780 |
| Anzahl der zurückgegebenen Aktien | -105 829.2530 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 107 178.5600 |
| Klasse | (SGD hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 313 436.1660 |
| Anzahl der ausgegebenen Aktien | 56 774.8170 |
| Anzahl der zurückgegebenen Aktien | -101 846.1570 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 268 364.8260 |


## Monatliche Ausschüttung1
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Ex-Date	Pay-Date	Währung	Betrag pro Aktie |
| --- |
| P-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.31 |
| P-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.31 |
| P-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.31 |
| P-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.32 |
| P-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.32 |
| P-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.31 |
| P-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.33 |
| P-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.33 |
| P-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.33 |
| P-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.34 |
| P-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.34 |
| P-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.35 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium | (USD) Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| --- | --- | --- | --- | --- |
| (EUR hedged) K-1-4%-mdist | 10.6.2020 | 15.6.2020 | EUR | 8 888.37 |
| (EUR hedged) K-1-4%-mdist | 10.7.2020 | 15.7.2020 | EUR | 8 920.72 |
| (EUR hedged) K-1-4%-mdist | 10.8.2020 | 13.8.2020 | EUR | 9 024.22 |
| (EUR hedged) K-1-4%-mdist | 10.9.2020 | 15.9.2020 | EUR | 9 224.05 |
| (EUR hedged) K-1-4%-mdist | 12.10.2020 | 15.10.2020 | EUR | 9 057.31 |
| (EUR hedged) K-1-4%-mdist | 10.11.2020 | 13.11.2020 | EUR | 8 886.42 |
| (EUR hedged) K-1-4%-mdist | 10.12.2020 | 15.12.2020 | EUR | 9 380.96 |
| (EUR hedged) K-1-4%-mdist | 11.1.2021 | 14.1.2021 | EUR | 9 571.24 |
| (EUR hedged) K-1-4%-mdist | 10.2.2021 | 15.2.2021 | EUR | 9 525.90 |
| (EUR hedged) K-1-4%-mdist | 10.3.2021 | 15.3.2021 | EUR | 9 600.54 |
| (EUR hedged) K-1-4%-mdist | 12.4.2021 | 15.4.2021 | EUR | 9 693.05 |
| (EUR hedged) K-1-4%-mdist | 10.5.2021 | 13.5.2021 | EUR | 9 907.01 |
| (HKD) P-4%-mdist | 10.6.2020 | 15.6.2020 | HKD | 3.07 |
| (HKD) P-4%-mdist | 10.7.2020 | 15.7.2020 | HKD | 3.09 |
| (HKD) P-4%-mdist | 10.8.2020 | 13.8.2020 | HKD | 3.12 |
| (HKD) P-4%-mdist | 10.9.2020 | 15.9.2020 | HKD | 3.20 |
| (HKD) P-4%-mdist | 12.10.2020 | 15.10.2020 | HKD | 3.14 |
| (HKD) P-4%-mdist | 10.11.2020 | 13.11.2020 | HKD | 3.08 |
| (HKD) P-4%-mdist | 10.12.2020 | 15.12.2020 | HKD | 3.26 |
| (HKD) P-4%-mdist | 11.1.2021 | 14.1.2021 | HKD | 3.33 |
| (HKD) P-4%-mdist | 10.2.2021 | 16.2.2021 | HKD | 3.31 |
| (HKD) P-4%-mdist | 10.3.2021 | 15.3.2021 | HKD | 3.34 |
| (HKD) P-4%-mdist | 12.4.2021 | 15.4.2021 | HKD | 3.38 |
| (HKD) P-4%-mdist | 10.5.2021 | 13.5.2021 | HKD | 3.46 |
| K-1-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 15 533.16 |
| K-1-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 15 606.68 |
| K-1-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 15 806.92 |
| K-1-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 16 171.43 |
| K-1-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 15 896.26 |
| K-1-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 15 614.32 |
| K-1-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 16 502.17 |
| K-1-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 16 860.66 |
| K-1-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 16 791.46 |
| K-1-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 16 929.57 |
| K-1-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 17 117.57 |
| K-1-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 17 514.64 |
| Q-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.32 |
| Q-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.32 |
| Q-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.33 |
| Q-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.33 |
| Q-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.33 |
| Q-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.32 |
| Q-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.34 |
| Q-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.35 |
| Q-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.35 |
| Q-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.35 |
| Q-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.35 |
| Q-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.36 |
| (HKD) Q-4%-mdist | 10.6.2020 | 15.6.2020 | HKD | 3.20 |
| (HKD) Q-4%-mdist | 10.7.2020 | 15.7.2020 | HKD | 3.22 |
| (HKD) Q-4%-mdist | 10.8.2020 | 13.8.2020 | HKD | 3.26 |
| (HKD) Q-4%-mdist | 10.9.2020 | 15.9.2020 | HKD | 3.34 |
| (HKD) Q-4%-mdist | 12.10.2020 | 15.10.2020 | HKD | 3.28 |
| (HKD) Q-4%-mdist | 10.11.2020 | 13.11.2020 | HKD | 3.23 |
| (HKD) Q-4%-mdist | 10.12.2020 | 15.12.2020 | HKD | 3.41 |
| (HKD) Q-4%-mdist | 11.1.2021 | 14.1.2021 | HKD | 3.49 |
| (HKD) Q-4%-mdist | 10.2.2021 | 16.2.2021 | HKD | 3.47 |
| (HKD) Q-4%-mdist | 10.3.2021 | 15.3.2021 | HKD | 3.50 |
| (HKD) Q-4%-mdist | 12.4.2021 | 15.4.2021 | HKD | 3.55 |
| (HKD) Q-4%-mdist | 10.5.2021 | 13.5.2021 | HKD | 3.63 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 |  |  |  |
| Inhaberaktien |  |  |  |
| Australien |  |  |  |
| AUD	AFTERPAY LTD NPV | 3 177.00 | 228 160.57 | 0.01 |
| AUD	AGL ENERGY NPV | 8 549.00 | 53 732.91 | 0.00 |
| AUD	APA GROUP NPV | 14 866.00 | 106 209.86 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 7 750.00 | 246 254.33 | 0.01 |
| AUD	ASX LTD NPV | 2 544.00 | 150 169.91 | 0.01 |
| AUD	AURIZON HOLDINGS NPV | 23 639.00 | 66 237.92 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 37 804.00 | 840 117.37 | 0.04 |
| AUD	BLUESCOPE STEEL NPV | 7 010.00 | 115 195.90 | 0.01 |
| AUD	BRAMBLES LTD NPV | 19 231.00 | 161 063.88 | 0.01 |
| AUD	CMNWLTH BK OF AUST NPV | 23 546.00 | 1 817 474.91 | 0.09 |
| AUD	COCHLEAR LTD NPV | 886.00 | 155 705.92 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 7 091.00 | 86 228.87 | 0.00 |
| AUD	CROWN RESORTS LTD NPV | 4 610.00 | 45 960.61 | 0.00 |
| AUD	CSL NPV | 5 990.00 | 1 345 575.93 | 0.07 |
| AUD	DEXUS NPV (STAPLED) | 14 854.00 | 119 921.41 | 0.01 |
| AUD	DOMINOS PIZZA ENT NPV | 749.00 | 63 947.91 | 0.00 |
| AUD	EVOLUTION MINING NPV | 19 245.00 | 80 590.56 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 22 385.00 | 388 647.06 | 0.02 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 21 392.00 | 321 731.22 | 0.02 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 25 958.00 | 92 426.83 | 0.01 |
| AUD	INSURANCE AUST GRP NPV | 31 017.00 | 120 523.72 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 9 301.00 | 88 481.11 | 0.00 |
| AUD	MACQUARIE GP LTD NPV | 4 621.00 | 543 436.15 | 0.03 |
| AUD	MAGELLAN FINANCIAL NPV | 1 742.00 | 64 561.16 | 0.00 |
| AUD	MEDIBANK PRIVATE L NPV | 31 415.00 | 76 111.52 | 0.00 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 48 348.00 | 104 412.32 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 43 911.00 | 916 011.89 | 0.05 |
| AUD	NEWCREST MINING NPV | 10 728.00 | 235 169.52 | 0.01 |
| AUD	NTHN STAR RES LTD NPV | 15 035.00 | 136 162.75 | 0.01 |
| AUD	ORICA LIMITED NPV | 5 001.00 | 52 491.09 | 0.00 |
| AUD	ORIGIN ENERGY NPV | 23 392.00 | 71 883.11 | 0.00 |
| AUD	QANTAS AIRWAYS NPV | 11 865.00 | 43 257.13 | 0.00 |
| AUD	QBE INS GROUP NPV | 19 631.00 | 166 389.36 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 2 531.00 | 124 404.15 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 718.00 | 90 956.97 | 0.01 |
| AUD	REECE AUSTRALIA NPV | 3 380.00 | 53 581.60 | 0.00 |
| AUD	RIO TINTO LIMITED NPV | 4 953.00 | 474 364.69 | 0.02 |
| AUD	SANTOS LIMITED NPV | 28 059.00 | 147 038.10 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 66 925.00 | 140 904.97 | 0.01 |
| AUD	SEEK LIMITED NPV | 4 593.00 | 108 647.27 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 6 153.00 | 165 695.36 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 1 363.00 | 31 186.69 | 0.00 |
| AUD	SOUTH32 LTD NPV | 57 803.00 | 133 332.39 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 32 246.00 | 116 563.28 | 0.01 |
| AUD	SUNCORP GROUP LTD NPV | 17 393.00 | 149 709.13 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 16 605.00 | 75 447.70 | 0.00 |
| AUD	TABCORP HLDGS LTD NPV | 31 302.00 | 123 811.79 | 0.01 |
| AUD	TELSTRA CORP NPV | 48 788.00 | 132 930.52 | 0.01 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 35 799.00 | 384 617.80 | 0.02 |
| AUD	TREASURY WINE ESTA NPV | 9 428.00 | 84 945.73 | 0.00 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 49 834.00 | 60 175.45 | 0.00 |
| AUD	WESFARMERS LTD NPV | 15 000.00 | 643 119.44 | 0.03 |
| AUD	WESTPAC BKG CORP NPV | 48 184.00 | 985 382.12 | 0.05 |
| AUD	WISETECH GLOBAL LT NPV | 1 922.00 | 41 998.45 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 13 175.00 | 222 420.75 | 0.01 |
| AUD	WOOLWORTHS GRP LTD NPV | 16 568.00 | 533 754.04 | 0.03 |
| Total Australien |  | 14 129 233.10 | 0.73 |
| Österreich |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 3 898.00 | 160 229.21 | 0.01 |
| EUR	OMV AG NPV(VAR) | 1 975.00 | 113 057.83 | 0.01 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 2 288.00 | 54 465.83 | 0.00 |
| EUR	VERBUND AG CLASS’A’NPV | 905.00 | 82 987.37 | 0.01 |
| EUR	VOESTALPINE AG NPV | 1 629.00 | 73 613.12 | 0.00 |
| Total Österreich |  | 484 353.36 | 0.03 |
| Belgien |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 10 074.00 | 758 233.05 | 0.04 |
| EUR	COLRUYT SA NPV | 766.00 | 46 621.45 | 0.00 |
| EUR	ELIA SYS OPERATOR NPV | 452.00 | 48 411.07 | 0.00 |
| EUR	GPE BRUXELLES LAM NPV | 1 612.00 | 182 861.20 | 0.01 |
| EUR	PROXIMUS SA NPV | 2 452.00 | 49 780.76 | 0.00 |
| EUR	SOFINA NPV | 260.00 | 108 018.68 | 0.01 |
| EUR	SOLVAY SA NPV | 921.00 | 124 317.10 | 0.01 |
| EUR	UMICORE NPV | 2 664.00 | 159 827.84 | 0.01 |
| Total Belgien |  | 1 478 071.15 | 0.08 |
| Kanada |  |  |  |
| CAD	AIR CANADA VAR VTG SHS NPV | 3 190.00 | 72 244.35 | 0.00 |
| CAD	ALGONQUIN PWR&UTIL COM NPV | 7 200.00 | 110 374.97 | 0.01 |
| CAD	ALTAGAS LTD COM NPV | 3 351.00 | 66 293.27 | 0.00 |
| CAD	ATCO LTD CL 1 NON VTG | 991.00 | 35 789.53 | 0.00 |
| CAD	B2GOLD CORP COM NPV | 14 600.00 | 74 685.87 | 0.00 |
| CAD	BALLARD POWER SYS COM NPV | 2 700.00 | 46 955.55 | 0.00 |
| CAD	CAE INC COM NPV | 3 680.00 | 113 315.12 | 0.01 |
| CAD	CAMECO CORP COM | 5 194.00 | 102 108.68 | 0.01 |
| CAD	CANADIAN UTILS LTD CL A | 1 583.00 | 45 900.58 | 0.00 |
| CAD	CANOPY GROWTH CORP COM NPV | 2 249.00 | 56 313.43 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| CAD | EMERA INC COM | 3 221.00 | 150 078.71 | 0.01 |
| CAD | EMPIRE LTD CL A | 2 146.00 | 71 888.60 | 0.00 |
| CAD | HYDRO ONE INC COM NPV | 4 260.00 | 108 219.02 | 0.01 |
| CAD | IGM FINANCIAL INC COM | 1 223.00 | 45 038.71 | 0.00 |
| CAD | IVANHOE MINES LTD COM NPV CL’A’ | 8 200.00 | 60 341.03 | 0.00 |
| CAD | KEYERA CORPORATION COM NPV | 2 799.00 | 70 015.55 | 0.00 |
| CAD | KINROSS GOLD CORP COM NPV | 17 136.00 | 138 012.81 | 0.01 |
| CAD | KIRKLAND LAKE GOLD COM NPV | 3 394.00 | 145 806.31 | 0.01 |
| CAD | LUNDIN MINING CORP COM | 9 350.00 | 99 296.83 | 0.01 |
| CAD | NORTHLAND POWER IN COM NPV | 2 429.00 | 81 610.06 | 0.00 |
| CAD | NUVEI CORPORATION SUB VOTING SHARES (CAD) | 700.00 | 52 594.16 | 0.00 |
| CAD | ONEX CORP SUB VTG | 1 136.00 | 82 503.63 | 0.00 |
| CAD | PAN AMER SILVER COM NPV | 2 726.00 | 91 927.19 | 0.01 |
| CAD | QUEBECOR INC CL B | 2 416.00 | 65 494.58 | 0.00 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 1 423.00 | 84 147.93 | 0.00 |
| CAD | TELUS CORPORATION NPV | 5 645.00 | 126 628.18 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 788.00 | 86 542.37 | 0.01 |
| CAD | TOROMONT INDS LTD COM | 1 100.00 | 97 926.50 | 0.01 |
| CAD | WEST FRASER TIMBER COM NPV | 1 113.00 | 86 066.10 | 0.01 |
| CAD | WSP GLOBAL INC COM NPV | 1 545.00 | 172 608.77 | 0.01 |
| CAD | YAMANA GOLD INC COM | 13 030.00 | 67 625.28 | 0.00 |
| Total Kanada |  | 2 708 353.67 | 0.14 |
| Dänemark |  |  |  |
| DKK	A.P. MOELLER-MAERSK SER’B’DKK1000 | 78.00 | 215 806.48 | 0.01 |
| DKK	A.P. MOLLER-MAERSK ‘A’DKK1000 | 39.00 | 103 222.94 | 0.01 |
| DKK	AMBU A/S SER’B’DKK0.5 | 2 171.00 | 81 016.12 | 0.00 |
| DKK	CHR. HANSEN HLDG DKK10 | 1 383.00 | 124 227.75 | 0.01 |
| DKK	DANSKE BANK A/S DKK10 | 9 108.00 | 169 194.88 | 0.01 |
| DKK	DSV PANALPINA A/S DKK1 | 2 684.00 | 649 716.01 | 0.03 |
| DKK	GENMAB AS DKK1 (BEARER) | 840.00 | 340 117.87 | 0.02 |
| DKK	GN STORE NORD DKK4 | 1 639.00 | 139 301.33 | 0.01 |
| DKK	NOVOZYMES A/S SER’B’DKK2 (POST CONS) | 2 747.00 | 200 415.69 | 0.01 |
| DKK	ORSTED A/S DKK10 | 2 448.00 | 371 368.24 | 0.02 |
| DKK	PANDORA A/S DKK1 | 1 306.00 | 176 825.65 | 0.01 |
| DKK	ROCKWOOL INTL SER’B’DKK10 | 92.00 | 45 781.08 | 0.00 |
| Total Dänemark |  | 2 616 994.04 | 0.14 |
| Finnland |  |  |  |
| EUR	KESKO OYJ EUR2 SER’B’ | 3 904.00 | 134 939.09 | 0.01 |
| EUR	KONE CORPORATION NPV ORD ‘B’ | 4 713.00 | 381 121.79 | 0.02 |
| EUR	WARTSILA OYJ ABP SER’B’EUR3.50 | 6 771.00 | 91 478.12 | 0.00 |
| Total Finnland |  | 607 539.00 | 0.03 |
| Frankreich |  |  |  |
| EUR	ACCOR EUR3 | 2 302.00 | 92 485.79 | 0.01 |
| EUR	ADP EUR3 | 352.00 | 48 782.76 | 0.00 |
| EUR	AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 6 295.00 | 1 070 440.59 | 0.06 |
| EUR	AIRBUS EUR1 | 7 757.00 | 1 011 573.68 | 0.05 |
| EUR	ALSTOM EUR7.00 | 3 365.00 | 189 212.85 | 0.01 |
| EUR	AMUNDI EUR2.5 (AIW) | 855.00 | 75 998.09 | 0.00 |
| EUR	ARKEMA EUR10 | 926.00 | 121 991.74 | 0.01 |
| EUR	ATOS SE EUR1 | 1 301.00 | 87 232.21 | 0.00 |
| EUR	AXA EUR2.29 | 25 229.00 | 696 508.03 | 0.04 |
| EUR	BIOMERIEUX NPV (POST SPLIT) | 616.00 | 70 811.39 | 0.00 |
| EUR	BNP PARIBAS EUR2 | 14 969.00 | 1 022 158.20 | 0.05 |
| EUR	BOLLORE EUR0.16 | 12 352.00 | 64 516.48 | 0.00 |
| EUR	BOUYGUES EUR1 | 2 694.00 | 109 947.68 | 0.01 |
| EUR	BUREAU VERITAS EUR0.12 | 4 229.00 | 130 143.67 | 0.01 |
| EUR	CAPGEMINI EUR8 | 2 159.00 | 402 950.41 | 0.02 |
| EUR	CARREFOUR EUR2.50 | 8 293.00 | 169 531.38 | 0.01 |
| EUR	CIE DE ST-GOBAIN EUR4 | 6 835.00 | 458 120.47 | 0.02 |
| EUR	CNP ASSURANCES EUR1 | 2 273.00 | 41 213.81 | 0.00 |
| EUR	COVIVIO EUR3 | 700.00 | 66 020.65 | 0.00 |
| EUR	CREDIT AGRICOLE SA EUR3 | 14 975.00 | 223 408.66 | 0.01 |
| EUR	DANONE EUR0.25 | 8 290.00 | 590 915.30 | 0.03 |
| EUR	DASSAULT AVIATION EUR8 | 29.00 | 36 414.18 | 0.00 |
| EUR	DASSAULT SYSTEMES EUR0.50 | 1 796.00 | 413 374.30 | 0.02 |
| EUR	EDENRED EUR2 | 3 298.00 | 179 316.37 | 0.01 |
| EUR	EDF EUR0.5 | 6 581.00 | 91 928.52 | 0.01 |
| EUR	EIFFAGE EUR4 | 1 031.00 | 113 878.28 | 0.01 |
| EUR	ENGIE EUR1 | 24 046.00 | 357 208.08 | 0.02 |
| EUR	ESSILORLUXOTTICA EUR0.18 | 3 774.00 | 654 674.20 | 0.03 |
| EUR	EURAZEO NPV | 594.00 | 53 052.86 | 0.00 |
| EUR	FAURECIA EUR7 | 1 462.00 | 79 061.76 | 0.00 |
| EUR	GETLINK SE EUR0.40 | 6 268.00 | 100 354.45 | 0.01 |
| EUR	HERMES INTL NPV | 422.00 | 594 641.94 | 0.03 |
| EUR	ILIAD NPV | 218.00 | 36 222.47 | 0.00 |
| EUR	IPSEN EUR1 | 463.00 | 46 860.68 | 0.00 |
| EUR	KERING EUR4 | 997.00 | 912 164.27 | 0.05 |
| EUR	KLEPIERRE EUR1.40 | 2 350.00 | 67 923.10 | 0.00 |
| EUR	L’OREAL EUR0.20 | 3 360.00 | 1 513 014.70 | 0.08 |
| EUR	LEGRAND SA EUR4 | 3 557.00 | 372 445.45 | 0.02 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 3 699.00 | 2 948 723.69 | 0.15 |
| EUR	NATIXIS EUR1.6 | 11 397.00 | 56 518.50 | 0.00 |
| EUR	ORANGE EUR4 | 27 166.00 | 345 763.05 | 0.02 |
| EUR	ORPEA EUR2.5 | 646.00 | 80 957.77 | 0.00 |
| EUR	PERNOD RICARD EUR1.55 | 2 812.00 | 619 372.24 | 0.03 |
| EUR	PUBLICIS GROUPE SA EUR0.40 | 2 833.00 | 192 239.09 | 0.01 |
| EUR	REMY COINTREAU EUR1.60 | 320.00 | 66 864.28 | 0.00 |
| EUR	RENAULT SA EUR3.81 | 2 435.00 | 100 731.97 | 0.01 |
| EUR	SAFRAN EUR0.20 | 4 409.00 | 659 601.63 | 0.03 |
| EUR	SANOFI EUR2 | 15 149.00 | 1 610 851.80 | 0.08 |
| EUR	SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 384.00 | 166 389.95 | 0.01 |
| EUR	SCHNEIDER ELECTRIC EUR8 | 7 265.00 | 1 149 402.26 | 0.06 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | SCOR SE EUR7.876972 (POST CONS) | 2 028.00 | 65 955.61 | 0.00 |
| EUR | SEB SA EUR1 | 367.00 | 68 338.92 | 0.00 |
| EUR | SOC GENERALE EUR1.25 | 10 518.00 | 336 991.92 | 0.02 |
| EUR | SODEXO EUR4 | 1 099.00 | 106 420.43 | 0.01 |
| EUR | SUEZ EUR4 | 4 451.00 | 108 622.62 | 0.01 |
| EUR | TELEPERFORMANCE EUR2.50 | 796.00 | 306 177.97 | 0.02 |
| EUR | THALES EUR3 | 1 378.00 | 141 288.31 | 0.01 |
| EUR | TOTAL SE EUR2.5 | 33 486.00 | 1 551 893.54 | 0.08 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 1 266.00 | 92 810.58 | 0.01 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 1 784.00 | 155 258.36 | 0.01 |
| EUR | VALEO EUR1 (POST SUBD) | 2 868.00 | 93 800.49 | 0.01 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 7 121.00 | 223 756.81 | 0.01 |
| EUR | VINCI EUR2.50 | 6 810.00 | 773 674.82 | 0.04 |
| EUR | VIVENDI SA EUR5.50 | 10 106.00 | 367 223.32 | 0.02 |
| EUR | WENDEL EUR4 | 375.00 | 52 359.99 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 3 143.20 | 300 832.67 | 0.02 |
| Total Frankreich |  | 25 109 322.04 | 1.30 |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTOREN WERKE AG EUR1 | 4 371.00 | 463 342.41 | 0.02 |
| EUR	BECHTLE AG NPV | 355.00 | 68 404.82 | 0.00 |
| EUR	BEIERSDORF AG NPV | 1 334.00 | 157 947.50 | 0.01 |
| EUR	CARL ZEISS MEDITEC NPV | 542.00 | 100 527.99 | 0.01 |
| EUR	COMMERZBANK AG NPV | 13 090.00 | 105 597.62 | 0.01 |
| EUR	CONTINENTAL AG ORD NPV | 1 425.00 | 210 641.20 | 0.01 |
| EUR	COVESTRO AG NPV | 2 362.00 | 165 476.63 | 0.01 |
| EUR	DEUTSCHE WOHNEN AG NPV (BR) | 4 610.00 | 294 220.94 | 0.02 |
| EUR	FRESENIUS MED CARE NPV | 2 943.00 | 235 182.20 | 0.01 |
| EUR	FRESENIUS SE & CO. KGAA NPV | 5 453.00 | 294 319.60 | 0.01 |
| EUR	GEA GROUP AG NPV | 1 971.00 | 86 441.07 | 0.00 |
| EUR	HEIDELBERGCEMENT NPV | 1 817.00 | 165 861.30 | 0.01 |
| EUR	HELLOFRESH SE NPV | 1 969.00 | 179 977.06 | 0.01 |
| EUR	HENKEL AG & CO KGAA | 1 482.00 | 146 316.36 | 0.01 |
| EUR	KION GROUP AG NPV | 953.00 | 101 860.51 | 0.01 |
| EUR	KNORR BREMSE AG NPV | 1 022.00 | 127 079.06 | 0.01 |
| EUR	LANXESS AG NPV | 1 089.00 | 81 618.86 | 0.00 |
| EUR	MERCK KGAA NPV | 1 729.00 | 311 915.07 | 0.02 |
| EUR	NEMETSCHEK SE ORD NPV | 768.00 | 56 790.43 | 0.00 |
| EUR	PUMA SE NPV | 1 281.00 | 146 942.26 | 0.01 |
| EUR	RATIONAL AG NPV | 85.00 | 76 385.06 | 0.00 |
| EUR	RWE AG (NEU) NPV | 8 533.00 | 321 854.12 | 0.02 |
| EUR	SAP AG ORD NPV | 13 876.00 | 1 925 922.58 | 0.10 |
| EUR	SYMRISE AG NPV (BR) | 1 758.00 | 233 211.93 | 0.01 |
| EUR	TEAMVIEWER AG NPV | 2 013.00 | 79 668.86 | 0.00 |
| EUR	VOLKSWAGEN AG ORD NPV | 471.00 | 167 923.15 | 0.01 |
| EUR	ZALANDO SE NPV | 2 047.00 | 218 791.68 | 0.01 |
| Total Deutschland |  | 6 524 220.27 | 0.34 |
| Hongkong |  |  |  |
| HKD	AIA GROUP LTD NPV | 159 400.00 | 2 037 349.41 | 0.11 |
| HKD	BANK OF EAST ASIA NPV | 16 600.00 | 33 408.32 | 0.00 |
| HKD	BOC HONG KONG HLDG HKD5 | 49 500.00 | 178 897.22 | 0.01 |
| HKD	CHOW TAI FOOK JEWE HKD1 | 12 400.00 | 23 805.29 | 0.00 |
| HKD	CK ASSET HOLDINGS HKD1 | 36 000.00 | 238 413.67 | 0.01 |
| HKD	CK HUTCHISON HLDGS HKD1.0 | 36 500.00 | 285 696.34 | 0.02 |
| HKD	CK INFRASTRUCTURE HKD1 | 9 500.00 | 59 181.45 | 0.00 |
| HKD	CLP HOLDINGS HKD5 | 20 000.00 | 203 187.61 | 0.01 |
| HKD	GALAXY ENTERTAINME HKD0.10 | 29 000.00 | 235 025.06 | 0.01 |
| HKD	HANG LUNG PROP HKD1 | 26 000.00 | 65 592.10 | 0.00 |
| HKD	HANG SENG BANK HKD5 | 10 500.00 | 218 082.02 | 0.01 |
| HKD	HENDERSON LAND DEV HKD2 | 19 000.00 | 90 822.41 | 0.01 |
| HKD	HKT TRUST AND HKT SHARE STAPLED UNIT | 37 000.00 | 50 151.39 | 0.00 |
| HKD	HONG KONG EXCHANGE HKD1 | 15 800.00 | 988 963.19 | 0.05 |
| USD	HONGKONG LAND HLD ORD USD0.10(SINGAPORE REG) | 14 300.00 | 69 498.00 | 0.00 |
| HKD	HONGKONG&CHINA GAS HKD0.25 | 126 000.00 | 219 164.32 | 0.01 |
| USD	JARDINE MATHESON COM USD0.25(BERMUDA REG) | 2 900.00 | 187 949.00 | 0.01 |
| HKD	MTR CORP HKD1 | 20 500.00 | 114 104.60 | 0.01 |
| HKD	POWER ASSETS HOLDINGS LTD HKD1 | 17 500.00 | 106 989.16 | 0.01 |
| HKD	SINO LAND CO HKD1 | 38 000.00 | 59 634.34 | 0.00 |
| HKD	SJM HOLDINGS LTD. HKD1.00 | 31 000.00 | 35 068.87 | 0.00 |
| HKD	SUN HUNG KAI PROP NPV | 17 500.00 | 268 769.41 | 0.01 |
| HKD	SWIRE PACIFIC ‘A’HKD0.60 | 7 500.00 | 56 337.21 | 0.00 |
| HKD	SWIRE PROPERTIES LTD HKD1 | 15 000.00 | 44 161.42 | 0.00 |
| HKD	TECHTRONIC INDUSTR HKD0.1 | 17 500.00 | 323 109.53 | 0.02 |
| HKD	THE LINK REAL ESTATE INVESTMENT TRUST | 28 200.00 | 268 509.14 | 0.01 |
| HKD	WH GROUP LTD USD0.0001 | 127 500.00 | 108 915.39 | 0.01 |
| HKD	WHARF REAL ESTATE HKD0.1 | 23 000.00 | 134 835.66 | 0.01 |
| HKD	XINYI GLASS HLDGS HKD0.1 | 22 000.00 | 87 871.88 | 0.01 |
| Total Hongkong |  | 6 793 493.41 | 0.35 |
| Irland |  |  |  |
| GBP	DCC ORD EUR0.25 | 1 309.00 | 111 421.32 | 0.01 |
| EUR	FLUTTER ENTERTAINM ORD EUR0.09 | 2 184.00 | 406 414.73 | 0.02 |
| EUR	KERRY GROUP 'A'ORD EUR0.125(DUBLIN LIST) | 2 246.00 | 303 715.55 | 0.01 |
| Total Irland |  | 821 551.60 | 0.04 |
| Israel |  |  |  |
| ILS	AZRIELI GROUP ILS0.01 | 352.00 | 26 840.20 | 0.00 |
| ILS	BANK HAPOALIM B.M. ILS1 | 13 536.00 | 114 838.28 | 0.01 |
| ILS	BK LEUMI LE ISRAEL ILS1 | 17 529.00 | 137 059.13 | 0.01 |
| USD	CHECK POINT SFTWRE ORD ILS0.01 | 1 399.00 | 163 655.02 | 0.01 |
| USD	CYBER-ARK SOFTWARE COM ILS0.01 | 500.00 | 63 270.00 | 0.00 |
| ILS	ICL GROUP LTD ILS1 | 8 479.00 | 61 468.51 | 0.00 |
| ILS	ISRAEL DISCOUNT BK ILS0.10 SER’A’ | 14 763.00 | 73 349.18 | 0.00 |
| ILS	NICE SYSTEMS ILS1 | 829.00 | 181 188.24 | 0.01 |
| USD	WIX.COM LTD COM ILS0.01 | 700.00 | 181 902.00 | 0.01 |
| Total Israel |  | 1 003 570.56 | 0.05 |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Italien |  |  |  |  |
| EUR | AMPLIFON EUR0.02 | 1 560.00 | 74 290.66 | 0.00 |
| EUR | ASSIC GENERALI SPA EUR1 | 15 905.00 | 326 988.67 | 0.02 |
| EUR | DIASORIN SPA EUR1 | 359.00 | 63 491.42 | 0.00 |
| EUR | FINECOBANK SPA EUR0.33 | 7 999.00 | 134 328.00 | 0.01 |
| EUR | INFRASTRUTTURE WIR NPV | 4 622.00 | 51 741.36 | 0.00 |
| EUR | POSTE ITALIANE SPA NPV | 5 433.00 | 76 822.34 | 0.01 |
| EUR | TELECOM ITALIA SPA DI RISP EUR0.55 | 78 157.00 | 44 778.79 | 0.00 |
| EUR | TELECOM ITALIA SPA EUR0.55 | 101 335.00 | 54 341.33 | 0.00 |
| Total Italien	826 782.57	0.04 |
| Japan |  |  |  |  |
| JPY | ACOM CO NPV | 4 700.00 | 21 009.19 | 0.00 |
| JPY | ADVANTEST CORP NPV | 3 000.00 | 271 218.98 | 0.02 |
| JPY | AISIN CORPORATION NPV | 2 600.00 | 114 082.00 | 0.01 |
| JPY | ASAHI INTECC CO LT NPV | 2 600.00 | 64 361.26 | 0.00 |
| JPY | AZBIL CORP NPV | 1 700.00 | 68 142.97 | 0.00 |
| JPY | BANDAI NAMCO HLDGS NPV | 2 600.00 | 186 357.69 | 0.02 |
| JPY | CAPCOM CO LTD NPV | 2 200.00 | 72 398.19 | 0.00 |
| JPY | CENTRAL JAPAN RLWY NPV | 1 900.00 | 282 494.63 | 0.02 |
| JPY | CHIBA BANK NPV | 5 300.00 | 33 720.01 | 0.00 |
| JPY | CHUGAI PHARM CO NPV | 8 800.00 | 337 697.33 | 0.02 |
| JPY | CONCORDIA FINANCIA NPV | 14 500.00 | 53 151.42 | 0.00 |
| JPY | COSMOS PHARMACEUTI NPV | 300.00 | 41 766.08 | 0.00 |
| JPY | CYBER AGENT NPV | 6 400.00 | 128 590.89 | 0.01 |
| JPY | DAI-ICHI LIFE HOLD NPV | 13 900.00 | 283 730.52 | 0.02 |
| JPY | DAIFUKU CO LTD NPV | 1 300.00 | 109 328.58 | 0.01 |
| JPY | DAIICHI SANKYO COM NPV | 22 300.00 | 515 736.55 | 0.03 |
| JPY | DAIKIN INDUSTRIES NPV | 3 300.00 | 651 734.54 | 0.04 |
| JPY | DAITO TRUST CONST NPV | 900.00 | 94 775.81 | 0.00 |
| JPY | DAIWA HOUSE INDS NPV | 7 400.00 | 216 869.14 | 0.01 |
| JPY | DAIWA HOUSE REIT I REIT | 27.00 | 75 524.48 | 0.00 |
| JPY | DISCO CORPORATION NPV | 400.00 | 122 857.53 | 0.01 |
| JPY | EISAI CO NPV | 3 300.00 | 221 960.78 | 0.01 |
| JPY | FANUC CORP NPV | 2 500.00 | 601 032.95 | 0.03 |
| JPY | FAST RETAILING CO NPV | 800.00 | 652 095.62 | 0.04 |
| JPY | FUJI ELECTRIC CO L NPV | 2 000.00 | 93 788.56 | 0.00 |
| JPY | GLP J-REIT REIT | 69.00 | 117 885.64 | 0.01 |
| JPY | GMO PAYMENT GATEWA NPV | 600.00 | 72 069.11 | 0.00 |
| JPY | HANKYU HANSHIN HLD NPV | 3 000.00 | 93 788.56 | 0.00 |
| JPY | HARMONIC DRIVE SYS NPV | 300.00 | 16 179.90 | 0.00 |
| JPY | HIKARI TSUSHIN INC NPV | 300.00 | 59 728.51 | 0.00 |
| JPY | HIROSE ELECTRIC NPV | 220.00 | 31 352.44 | 0.00 |
| JPY | HISAMITSU PHARM CO NPV | 900.00 | 49 362.40 | 0.00 |
| JPY | HOSHIZAKI CORPORAT NPV | 600.00 | 53 366.24 | 0.00 |
| JPY | HULIC CO LTD NPV | 3 300.00 | 37 134.24 | 0.00 |
| JPY | IBIDEN CO LTD NPV | 1 300.00 | 60 368.39 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 2 058.00 | 48 630.47 | 0.00 |
| JPY | ISUZU MOTORS NPV | 6 200.00 | 81 782.53 | 0.00 |
| JPY | ITO EN LTD NPV | 500.00 | 27 697.79 | 0.00 |
| JPY | ITOCHU TECHNO-SOLU NPV | 900.00 | 28 383.38 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 7 400.00 | 171 141.28 | 0.01 |
| JPY | JAPAN POST INSURAN NPV | 2 400.00 | 46 071.58 | 0.00 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 22.00 | 132 730.01 | 0.01 |
| JPY | JSR CORP NPV | 3 500.00 | 103 181.13 | 0.02 |
| JPY | KAJIMA CORP NPV | 5 100.00 | 70 629.37 | 0.00 |
| JPY | KAKAKU.COM. INC NPV | 1 800.00 | 54 874.54 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 10 300.00 | 97 732.07 | 0.02 |
| JPY | KANSAI PAINT CO NPV | 1 900.00 | 51 323.18 | 0.00 |
| JPY | KAO CORP NPV | 6 300.00 | 385 561.50 | 0.02 |
| JPY | KEIO CORPORATION NPV | 1 400.00 | 87 024.09 | 0.00 |
| JPY | KEISEI ELEC RY CO NPV | 1 700.00 | 52 447.55 | 0.00 |
| JPY | KIKKOMAN CORP NPV | 1 900.00 | 123 488.28 | 0.01 |
| JPY | KINTETSU GROUP HOL NPV | 2 500.00 | 88 212.45 | 0.00 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 10 800.00 | 218 329.91 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 800.00 | 71 081.86 | 0.00 |
| JPY | KOBE BUSSAN CO LTD NPV | 1 600.00 | 40 425.98 | 0.00 |
| JPY | KOEI TECMO HOLDING NPV | 520.00 | 24 670.23 | 0.00 |
| JPY | KOITO MFG CO LTD NPV | 1 300.00 | 84 491.98 | 0.00 |
| JPY | KOMATSU NPV | 11 400.00 | 333 783.08 | 0.02 |
| JPY | KOSE CORPORATION NPV | 400.00 | 62 781.66 | 0.00 |
| JPY | KURITA WATER INDS NPV | 1 800.00 | 82 764.29 | 0.00 |
| JPY | LASERTEC CORP NPV | 1 100.00 | 207 139.27 | 0.01 |
| JPY | LION CORP NPV | 2 700.00 | 47 313.87 | 0.00 |
| JPY | M3 INC NPV | 5 800.00 | 392 710.82 | 0.02 |
| JPY | MAKITA CORP NPV | 2 800.00 | 135 143.29 | 0.01 |
| JPY | MCDONALD’S HOLDING NPV | 700.00 | 31 706.20 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 1 500.00 | 93 240.09 | 0.00 |
| JPY | MINEBEA MITSUMI INC | 4 800.00 | 130 755.52 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 3 800.00 | 122 272.50 | 0.01 |
| JPY | MITSUBISHI GAS CHM NPV | 3 100.00 | 72 346.09 | 0.00 |
| JPY | MITSUBISHI HC CAPI NPV | 5 200.00 | 28 995.84 | 0.00 |
| JPY | MITSUI CHEMICALS NPV | 2 800.00 | 93 934.82 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 12 000.00 | 279 665.43 | 0.02 |
| JPY | MIURA CO LTD NPV | 1 100.00 | 50 578.18 | 0.00 |
| JPY | MONOTARO CO.LTD NPV | 4 000.00 | 92 947.58 | 0.00 |
| JPY | NABTESCO CORP NPV | 1 800.00 | 82 599.75 | 0.00 |
| JPY | NH FOODS LTD NPV | 1 500.00 | 59 989.03 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 5 900.00 | 675 780.43 | 0.05 |
| JPY | NIHON M&A CENTER I NPV | 4 400.00 | 105 379.59 | 0.01 |
| JPY | NIPPON BUILDING FD REIT | 22.00 | 139 567.62 | 0.01 |
| JPY | NIPPON EXPRESS CO NPV | 1 100.00 | 88 185.02 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 9 500.00 | 137 556.56 | 0.01 |
| JPY | NIPPON SANSO HOLDI NPV | 1 900.00 | 37 515.43 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 600.00 | 43 000.14 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 10 600.00 | 199 122.45 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| JPY | NISSAN CHEMICAL CO NPV | 1 600.00 | 82 928.84 | 0.00 |
| JPY | NISSHIN SEIFUN GRP NPV | 2 200.00 | 33 061.84 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 700.00 | 50 742.72 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 1 100.00 | 190 698.84 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 2 100.00 | 162 978.20 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 1 400.00 | 35 923.03 | 0.00 |
| JPY | NSK LTD NPV | 3 600.00 | 34 191.69 | 0.00 |
| JPY | OBAYASHI CORP NPV | 7 600.00 | 64 054.12 | 0.00 |
| JPY | OBIC CO LTD NPV | 1 000.00 | 187 577.13 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 4 000.00 | 103 368.53 | 0.01 |
| JPY | OJI HOLDINGS CO NPV | 13 200.00 | 78 310.71 | 0.00 |
| JPY | OLYMPUS CORP NPV | 15 300.00 | 328 811.19 | 0.02 |
| JPY | ONO PHARMACEUTICAL NPV | 4 600.00 | 104 156.50 | 0.01 |
| JPY | ORACLE CORP JAPAN NPV | 500.00 | 45 568.81 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 2 600.00 | 387 641.12 | 0.02 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 5 900.00 | 116 279.54 | 0.01 |
| JPY | PEPTIDREAM INC NPV | 1 200.00 | 56 273.14 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 1 300.00 | 24 658.35 | 0.00 |
| JPY | PIGEON CORP NPV | 1 400.00 | 39 480.78 | 0.00 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 500.00 | 13 017.05 | 0.00 |
| JPY | RAKUTEN GROUP INC NPV | 10 600.00 | 121 605.19 | 0.01 |
| JPY | RECRUIT HLDGS CO L NPV | 17 800.00 | 903 871.29 | 0.05 |
| JPY | RINNAI CORP NPV | 500.00 | 48 722.52 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 2 300.00 | 43 710.41 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 2 600.00 | 65 668.45 | 0.00 |
| JPY | SCSK CORP | 500.00 | 29 023.26 | 0.00 |
| JPY | SECOM CO NPV | 3 000.00 | 235 019.88 | 0.02 |
| JPY | SEKISUI HOUSE NPV | 8 500.00 | 177 000.78 | 0.01 |
| JPY | SHARP CORP NPV | 2 500.00 | 45 660.22 | 0.00 |
| JPY | SHIMANO INC NPV | 1 000.00 | 226 701.40 | 0.01 |
| JPY | SHIMIZU CORP NPV | 9 400.00 | 77 076.65 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 4 700.00 | 810 078.16 | 0.04 |
| JPY | SHIONOGI & CO NPV | 3 400.00 | 172 711.73 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 5 200.00 | 376 898.40 | 0.02 |
| JPY | SHIZUOKA BANK NPV | 8 000.00 | 63 403.26 | 0.00 |
| JPY | SMC CORP NPV | 800.00 | 479 144.38 | 0.03 |
| JPY | SQUARE-ENIX HOLDIN NPV | 1 000.00 | 53 475.94 | 0.00 |
| JPY | STANLEY ELECTRIC NPV | 1 700.00 | 50 660.45 | 0.00 |
| JPY | SUMITOMO METAL MNG NPV | 3 000.00 | 134 594.82 | 0.01 |
| JPY | SUNTORY BEVERAGE & NPV | 2 000.00 | 73 769.37 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 5 300.00 | 229 790.21 | 0.02 |
| JPY | SYSMEX CORP NPV | 2 200.00 | 224 434.39 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 8 200.00 | 111 687.01 | 0.01 |
| JPY | TAISEI CORP NPV | 3 000.00 | 104 757.99 | 0.02 |
| JPY | TAISHO PHARM H NPV | 400.00 | 22 743.27 | 0.00 |
| JPY | TERUMO CORP NPV | 8 400.00 | 323 806.39 | 0.02 |
| JPY | THK CO LTD NPV | 2 000.00 | 65 085.24 | 0.00 |
| JPY | TIS INC. NPV | 2 400.00 | 61 757.85 | 0.00 |
| JPY | TOBU RAILWAY CO NPV | 2 500.00 | 63 691.21 | 0.00 |
| JPY | TOHO CO LTD NPV | 1 900.00 | 78 765.03 | 0.00 |
| JPY | TOHO GAS CO NPV | 1 000.00 | 54 847.11 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 4 500.00 | 36 610.45 | 0.00 |
| JPY | TOKYO CENTURY CORP NPV | 400.00 | 23 547.69 | 0.00 |
| JPY | TOKYO GAS CO NPV | 5 000.00 | 99 021.89 | 0.02 |
| JPY | TOKYU CORP NPV | 6 700.00 | 89 786.55 | 0.00 |
| JPY | TORAY INDS INC NPV | 17 600.00 | 114 324.79 | 0.01 |
| JPY | TOSOH CORP NPV | 3 100.00 | 54 209.97 | 0.00 |
| JPY | TOTO LTD NPV | 1 800.00 | 97 079.39 | 0.02 |
| JPY | TOYO SUISAN KAISHA NPV | 1 000.00 | 40 129.80 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 2 000.00 | 170 757.35 | 0.01 |
| JPY | TOYOTA TSUSHO CORP NPV | 2 800.00 | 125 545.04 | 0.01 |
| JPY | TSURUHA HOLDINGS I NPV | 500.00 | 60 788.88 | 0.00 |
| JPY | USS CO LTD NPV | 2 500.00 | 43 740.57 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 1 100.00 | 33 634.99 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 1 500.00 | 81 036.61 | 0.00 |
| JPY | YAMAHA CORP NPV | 1 400.00 | 84 080.63 | 0.00 |
| JPY | YAMATO HOLDINGS CO NPV | 4 100.00 | 112 811.37 | 0.02 |
| JPY | ZOZO INC NPV | 920.00 | 31 158.65 | 0.00 |
| Total Japan | 20 790 495.85 | 1.08 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 133 078.00 | 608 088.18 | 0.03 |
| Total Jersey |  | 608 088.18 | 0.03 |
| Luxemburg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 13 795.00 | 115 805.09 | 0.01 |
| Total Luxemburg |  | 115 805.09 | 0.01 |
| Macau |  |  |  |
| HKD	SANDS CHINA LTD USD0.01 REG’S’ | 33 600.00 | 149 572.88 | 0.01 |
| HKD	WYNN MACAU LTD HKD0.10 | 25 600.00 | 43 209.26 | 0.00 |
| Total Macau |  | 192 782.14 | 0.01 |
| Niederlande |  |  |  |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 2 638.00 | 339 629.43 | 0.02 |
| EUR	ARGEN X NV EUR0.10 | 594.00 | 163 915.55 | 0.01 |
| EUR	ASM INTL NV EUR0.04 | 568.00 | 178 616.45 | 0.01 |
| EUR	EXOR NV EUR0.01 | 1 486.00 | 127 543.42 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 1 770.00 | 178 537.47 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 3 518.00 | 419 891.22 | 0.02 |
| EUR	ING GROEP N.V. EUR0.01 | 51 383.00 | 712 417.64 | 0.04 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 1 694.00 | 153 763.59 | 0.01 |
| EUR	KON KPN NV EUR0.04 | 49 715.00 | 165 211.03 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 13 662.00 | 394 628.32 | 0.02 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 12 076.00 | 679 546.30 | 0.03 |
| EUR	QIAGEN NV EUR0.01 | 3 110.00 | 153 200.37 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | RANDSTAD N.V. EUR0.10 | 1 611.00 | 125 547.99 | 0.01 |
| GBP | ROYAL DUTCH SHELL ‘B’SHS EUR0.07 (UK LIST) | 48 953.00 | 893 214.75 | 0.04 |
| EUR | STMICROELECTRONICS EUR1.04 | 8 354.00 | 313 161.79 | 0.01 |
| EUR | VOPAK(KON) EUR0.50 | 1 121.00 | 53 014.45 | 0.00 |
| EUR | WOLTERS KLUWER EUR0.12 | 3 889.00 | 372 973.24 | 0.02 |
| Total Niederlande |  | 5 424 813.01 | 0.28 |
| Neuseeland |  |  |  |
| NZD	AUCKLAND INTL NPV | 15 331.00 | 81 363.46 | 0.00 |
| NZD	FISHER & PAYKEL HE NPV | 7 488.00 | 162 393.15 | 0.02 |
| NZD	MERCURY NZ LTD NPV | 5 403.00 | 25 783.34 | 0.00 |
| NZD	MERIDIAN ENERGY LT NPV | 15 948.00 | 60 721.05 | 0.00 |
| NZD	RYMAN HEALTHCARE G NPV | 5 971.00 | 56 987.70 | 0.00 |
| NZD	SPARK NEW ZEALAND NPV | 21 585.00 | 71 183.88 | 0.00 |
| NZD	THE A2 MILK CO LTD NPV | 9 440.00 | 40 271.80 | 0.00 |
| AUD	XERO LIMITED NPV | 1 577.00 | 161 922.78 | 0.01 |
| Total Neuseeland |  | 660 627.16 | 0.03 |
| Norwegen |  |  |  |
| NOK	GJENSIDIGE FORSIKR NOK2 | 1 887.00 | 42 347.92 | 0.00 |
| NOK	ORKLA ASA NOK1.25 | 8 480.00 | 88 456.82 | 0.00 |
| NOK	SCHIBSTED ASA SER’A’NOK0.50 | 824.00 | 40 411.34 | 0.00 |
| NOK	SCHIBSTED ASA SER’B’NOK0.5 | 1 068.00 | 44 726.53 | 0.00 |
| NOK	YARA INTERNATIONAL NOK1.7 | 2 107.00 | 112 780.25 | 0.02 |
| Total Norwegen |  | 328 722.86 | 0.02 |
| Papua-Neuguinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 26 863.00 | 75 687.63 | 0.00 |
| Total Papua-Neuguinea |  | 75 687.63 | 0.00 |
| Polen |  |  |  |
| EUR	INPOST S.A. EUR0.01 | 2 668.00 | 53 451.63 | 0.00 |
| Total Polen |  | 53 451.63 | 0.00 |
| Singapur |  |  |  |
| SGD	CAPITALAND SGD1 | 33 200.00 | 91 988.34 | 0.00 |
| SGD	CITY DEVELOPMENTS SGD0.50 | 7 200.00 | 41 806.28 | 0.00 |
| SGD	DBS GROUP HLDGS SGD1 | 24 100.00 | 547 880.69 | 0.04 |
| SGD	KEPPEL CORP NPV | 17 700.00 | 71 419.05 | 0.00 |
| SGD	MAPLETREE LOGISTICS TRUST-UNITS REIT | 22 900.00 | 34 498.66 | 0.00 |
| SGD	OVERSEA-CHINESE BK NPV | 44 100.00 | 412 639.39 | 0.03 |
| SGD	SINGAPORE AIRLINES NPV | 17 500.00 | 65 975.25 | 0.00 |
| SGD	SINGAPORE EXCHANGE SGD0.01 | 10 400.00 | 81 329.35 | 0.00 |
| SGD	SINGAPORE TECH ENG NPV | 21 600.00 | 63 281.73 | 0.00 |
| SGD	UOL GROUP LIMITED SGD1 | 5 300.00 | 29 650.63 | 0.00 |
| SGD	UTD O/S BANK SGD1 | 16 500.00 | 325 640.64 | 0.03 |
| SGD	VENTURE CORP LTD SGD0.25 | 3 700.00 | 53 275.29 | 0.00 |
| SGD	WILMAR INTERNATIONAL LTD | 24 600.00 | 88 831.52 | 0.00 |
| Total Singapur |  | 1 908 216.82 | 0.10 |
| Spanien |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 3 576.00 | 111 491.01 | 0.01 |
| EUR	AENA SME S.A. EUR10 | 870.00 | 152 641.74 | 0.01 |
| EUR	AMADEUS IT GROUP EUR0.01 | 6 024.00 | 454 730.14 | 0.02 |
| EUR	CAIXABANK SA EUR1 | 46 518.00 | 159 591.91 | 0.01 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 5 943.00 | 356 625.54 | 0.02 |
| EUR	EDP RENOVAVEIS SA EUR5 | 2 760.00 | 65 094.38 | 0.00 |
| EUR	ENAGAS SA EUR1.50 | 3 282.00 | 77 144.87 | 0.00 |
| EUR	ENDESA SA EUR1.2 | 4 307.00 | 117 430.76 | 0.01 |
| EUR	FERROVIAL SA EUR0.2 | 6 487.00 | 190 589.87 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 3 978.00 | 111 038.31 | 0.01 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 77 594.00 | 1 043 098.99 | 0.05 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 14 554.00 | 563 906.06 | 0.03 |
| EUR	NATURGY ENERGY GRO EUR1 | 3 681.00 | 96 447.31 | 0.00 |
| EUR	RED ELECTRICA CORP EUR0.5 | 6 088.00 | 122 222.16 | 0.01 |
| EUR	REPSOL SA EUR1 | 20 577.00 | 274 831.12 | 0.01 |
| EUR	SIEMENS GAMESA REN EUR0.17 | 3 099.00 | 101 810.22 | 0.01 |
| EUR	TELEFONICA SA EUR1 | 66 319.00 | 325 961.40 | 0.01 |
| Total Spanien |  | 4 324 655.79 | 0.22 |
| Schweden |  |  |  |
| SEK	ASSA ABLOY SER’B’NPV (POST SPLIT) | 13 189.00 | 405 426.32 | 0.03 |
| SEK	ESSITY AB SER’B’NPV | 8 124.00 | 280 590.63 | 0.02 |
| SEK	FASTIGHETS AB BALD SER’B’NPV | 1 201.00 | 76 356.96 | 0.00 |
| SEK	HUSQVARNA AB SER’B’NPV | 5 199.00 | 76 208.78 | 0.00 |
| SEK	ICA GRUPPEN AB | 1 313.00 | 63 542.47 | 0.00 |
| SEK	INDUSTRIVARDEN AB SER’C’NPV | 1 891.00 | 74 274.46 | 0.00 |
| SEK	INDUSTRIVARDEN AB SER’A’NPV | 1 151.00 | 46 805.09 | 0.00 |
| SEK	LATOUR INVESTMENT SER’B’NPV (POST SPLIT) | 1 718.00 | 58 777.72 | 0.00 |
| SEK	LUNDBERGFORETAGEN SER’B’NPV | 898.00 | 56 464.77 | 0.00 |
| SEK	LUNDIN ENERGY AB NPV | 2 396.00 | 82 378.57 | 0.00 |
| SEK	SECURITAS SER’B’NPV | 4 119.00 | 65 941.16 | 0.00 |
| SEK	SINCH AB NPV | 631.00 | 116 616.52 | 0.01 |
| SEK	SKANSKA AB SER’B’NPV | 4 159.00 | 116 962.78 | 0.01 |
| SEK	SVENSKA CELLULOSA SER’B’NPV | 7 794.00 | 129 426.91 | 0.01 |
| SEK	SVENSKA HANDELSBKN SER’A’NPV (P/S) | 20 731.00 | 232 455.61 | 0.02 |
| SEK	TELIA COMPANY AB NPV | 34 174.00 | 149 229.46 | 0.01 |
| SEK	VOLVO AB SER’A’NPV (POST SPLIT) | 2 416.00 | 64 972.87 | 0.00 |
| Total Schweden |  | 2 096 431.08 | 0.11 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Schweiz |  |  |  |  |
| CHF | ROCHE HLDGS AG CHF1(BR) | 133.00 | 49 837.10 | 0.00 |
| CHF | SWATCH GROUP CHF2.25(BR) | 367.00 | 132 950.02 | 0.01 |
| CHF | SWISS RE AG CHF0.10 | 3 773.00 | 362 469.78 | 0.02 |
| CHF | VIFOR PHARMA AG CHF0.01 | 574.00 | 83 768.83 | 0.00 |
| Total Schweiz |  | 629 025.73 | 0.03 |
| Grossbritannien |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 12 495.00 | 220 777.22 | 0.01 |
| GBP	ASTRAZENECA ORD USD0.25 | 17 335.00 | 1 982 671.38 | 0.10 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 1 481.00 | 73 662.40 | 0.00 |
| GBP	AVIVA ORD GBP0.25 | 51 798.00 | 302 770.09 | 0.02 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 43 450.00 | 325 250.15 | 0.02 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 13 096.00 | 140 811.15 | 0.01 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 29 168.00 | 1 124 872.52 | 0.06 |
| GBP	BRITISH LAND CO PLC REIT | 11 673.00 | 84 625.16 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 119 093.00 | 296 004.79 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 4 499.00 | 146 133.26 | 0.01 |
| USD	COCA-COLA EUROPACI COM EUR0.01 | 2 832.00 | 171 392.64 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 7 119.00 | 64 522.94 | 0.00 |
| GBP	HALMA ORD GBP0.10 | 5 066.00 | 187 522.35 | 0.01 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 2 258.00 | 78 446.22 | 0.00 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 19 042.00 | 147 251.02 | 0.01 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 6 904.00 | 92 762.27 | 0.00 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 2 512.00 | 108 766.81 | 0.01 |
| GBP	KINGFISHER ORD GBP0.157142857 | 34 111.00 | 174 705.09 | 0.01 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 9 398.00 | 93 942.30 | 0.00 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 929 265.00 | 659 022.06 | 0.03 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 62 934.00 | 154 498.60 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 47 181.00 | 629 900.69 | 0.03 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 6 609.00 | 177 465.76 | 0.01 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 9 502.00 | 860 131.68 | 0.04 |
| GBP	RELX PLC GBP0.1444 | 25 671.00 | 671 075.49 | 0.03 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 25 026.00 | 168 551.79 | 0.01 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 110 972.00 | 168 820.51 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 15 355.00 | 143 316.95 | 0.01 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 3 396.00 | 118 416.47 | 0.01 |
| GBP	SMITHS GROUP ORD GBP0.375 | 5 007.00 | 110 284.90 | 0.01 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 1 006.00 | 181 613.68 | 0.01 |
| GBP	SSE PLC ORD GBP0.50 | 13 864.00 | 303 892.36 | 0.02 |
| GBP	ST JAMES’S PLACE ORD GBP0.15 | 6 928.00 | 137 627.92 | 0.01 |
| GBP	UNITED UTILITIES G ORD GBP0.05 | 9 287.00 | 129 849.66 | 0.01 |
| GBP	WHITBREAD ORD GBP0.76797385 | 2 574.00 | 116 427.50 | 0.01 |
| GBP	WPP PLC ORD GBP0.10 | 16 007.00 | 221 623.48 | 0.01 |
| Total Grossbritannien |  | 10 769 409.26 | 0.56 |
| Total Inhaberaktien |  | 111 081 697.00 | 5.75 |
| Partizipationsscheine |  |  |  |
| Schweiz |  |  |  |
| CHF	LINDT & SPRUENGLI PTG CERT CHF10 | 11.00 | 104 881.30 | 0.00 |
| CHF	SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 551.00 | 162 785.01 | 0.01 |
| Total Schweiz |  | 267 666.31 | 0.01 |
| Total Partizipationsscheine |  | 267 666.31 | 0.01 |
| Weitere Aktien |  |  |  |
| Schweiz |  |  |  |
| CHF	ROCHE HLDGS AG GENUSSCHEINE NPV | 9 589.00 | 3 334 052.70 | 0.17 |
| Total Schweiz |  | 3 334 052.70 | 0.17 |
| Total Weitere Aktien |  | 3 334 052.70 | 0.17 |
| Vorzugsaktien |  |  |  |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 834.00 | 75 508.05 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 891.00 | 45 078.59 | 0.00 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 2 349.00 | 269 451.50 | 0.02 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 1 970.00 | 222 797.40 | 0.01 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 380.00 | 188 165.84 | 0.01 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 2 395.00 | 668 811.56 | 0.04 |
| Total Deutschland |  | 1 469 812.94 | 0.08 |
| Total Vorzugsaktien |  | 1 469 812.94 | 0.08 |
| Namensaktien |  |  |  |
| Australien |  |  |  |
| AUD	AMPOL LTD NPV | 3 138.00 | 69 347.06 | 0.00 |
| AUD	BHP GROUP LTD NPV | 38 958.00 | 1 442 937.80 | 0.08 |
| GBP	BHP GROUP PLC ORD USD0.50 | 28 233.00 | 852 028.04 | 0.04 |
| AUD	COLES GROUP LTD NPV | 17 285.00 | 221 697.56 | 0.01 |
| Total Australien |  | 2 586 010.46 | 0.13 |
| Belgien |  |  |  |
| EUR	AGEAS NPV | 2 439.00 | 159 539.32 | 0.01 |
| EUR	KBC GROUP NV NPV | 3 281.00 | 268 290.10 | 0.01 |
| EUR	UCB NPV | 1 708.00 | 159 795.66 | 0.01 |
| Total Belgien |  | 587 625.08 | 0.03 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Kanada |  |  |  |  |
| CAD | 1ST QUANTUM MINLS COM NPV | 7 863.00 | 193 304.45 | 0.01 |
| CAD | AGNICO EAGLE MINES LTD COM | 3 234.00 | 228 904.35 | 0.01 |
| CAD | ALIMENTATION COUCHE TARD INC SUB VTG SH | 11 298.00 | 407 461.19 | 0.02 |
| CAD | BANK NOVA SCOTIA HALIFAX COM | 15 962.00 | 1 072 985.70 | 0.06 |
| CAD | BANK OF MONTREAL COM NPV | 8 423.00 | 879 809.92 | 0.05 |
| CAD | BARRICK GOLD CORP COM NPV | 23 737.00 | 562 724.68 | 0.03 |
| CAD | BCE INC COM NEW | 1 418.00 | 70 213.36 | 0.00 |
| CAD | BLACKBERRY LTD NPV | 7 298.00 | 74 907.04 | 0.00 |
| CAD | BROOKFIELD ASSET M LTD VTG SHS NPV CL’A’ | 17 035.00 | 846 321.25 | 0.04 |
| CAD | CAN PACIFIC RYS COM NPV | 8 955.00 | 719 453.94 | 0.04 |
| CAD | CANADIAN NAT RES LTD COM | 15 621.00 | 547 724.16 | 0.03 |
| CAD | CANADIAN NATL RY CO COM | 9 463.00 | 1 053 533.23 | 0.06 |
| CAD | CANADIAN TIRE LTD CL A | 786.00 | 132 958.33 | 0.01 |
| CAD | CCL INDUSTRIES INC ‘B’NON-VTG COM NPV | 1 969.00 | 110 307.03 | 0.01 |
| CAD | CDN IMPERIAL BK OF COMMERCE COM | 5 753.00 | 670 064.25 | 0.04 |
| CAD | CENOVUS ENERGY INC COM NPV | 17 469.00 | 145 900.35 | 0.01 |
| CAD | CGI INC COM NPV SUB VOTING SHARES C | 3 092.00 | 274 673.82 | 0.01 |
| CAD | CONSTELLATION SOFT COM STK NPV | 284.00 | 403 571.03 | 0.02 |
| CAD | DOLLARAMA INC COM NPV | 3 977.00 | 172 827.17 | 0.01 |
| CAD | ENBRIDGE INC COM NPV | 26 998.00 | 1 025 749.69 | 0.05 |
| CAD | FAIRFAX FINL HLDGS SUB-VTG COM NPV | 369.00 | 172 218.33 | 0.01 |
| CAD | FIRSTSERVICE CORP COM NPV | 500.00 | 81 114.97 | 0.00 |
| CAD | FORTIS INC COM NPV | 5 974.00 | 271 082.43 | 0.01 |
| CAD | FRANCO NEVADA CORP COM NPV | 2 568.00 | 379 216.29 | 0.02 |
| CAD | GFL ENVIRON INC COM NPV SUB VTG SHS | 2 500.00 | 80 808.71 | 0.00 |
| CAD | GILDAN ACTIVEWEAR INC COM | 2 624.00 | 93 895.80 | 0.00 |
| CAD | GREAT WEST LIFECO INC COM | 3 592.00 | 111 229.80 | 0.01 |
| CAD | IA FINANCIAL CORP COM NPV | 1 412.00 | 80 902.77 | 0.00 |
| CAD | IMPERIAL OIL LTD COM NEW | 3 269.00 | 109 886.67 | 0.01 |
| CAD | INTACT FINL CORP COM NPV | 1 978.00 | 267 269.86 | 0.01 |
| CAD | INTER PIPELINE LTD COM NPV | 5 445.00 | 79 099.21 | 0.00 |
| CAD | LIGHTSPEED POS INC SUB VOTING SHARES | 1 400.00 | 101 665.43 | 0.01 |
| CAD | LOBLAW COS LTD COM | 2 275.00 | 138 917.93 | 0.01 |
| CAD | MAGNA INTL INC COM NPV | 3 756.00 | 370 407.95 | 0.02 |
| CAD | MANULIFE FINL CORP COM | 25 734.00 | 538 281.75 | 0.03 |
| CAD | METRO INC CL A SUB | 3 239.00 | 155 287.54 | 0.01 |
| CAD | NATL BK OF CANADA COM NPV | 4 294.00 | 337 697.99 | 0.02 |
| CAD | NUTRIEN LTD NPV | 7 658.00 | 471 359.06 | 0.02 |
| CAD | OPEN TEXT CO COM NPV | 3 633.00 | 170 959.40 | 0.01 |
| CAD | PARKLAND CORP. COM NPV | 2 000.00 | 66 004.47 | 0.00 |
| CAD | PEMBINA PIPELINE C COM NPV | 7 142.00 | 229 908.43 | 0.01 |
| CAD | POWER CORP CDA COM | 7 289.00 | 237 415.90 | 0.01 |
| CAD | RESTAURANT BRANDS COM NPV | 3 773.00 | 260 121.82 | 0.01 |
| CAD | ROGERS COMMS INC CLASS’B’COM CAD1.62478 | 4 835.00 | 247 333.00 | 0.01 |
| CAD | ROYAL BK OF CANADA COM NPV | 18 710.00 | 1 923 656.24 | 0.10 |
| CAD | SAPUTO INC COM | 3 225.00 | 110 116.09 | 0.01 |
| CAD | SHAW COMMUNICATIONS INC CL B CONV | 6 106.00 | 180 991.52 | 0.01 |
| CAD | SHOPIFY INC COM NPV CL A | 1 491.00 | 1 826 965.58 | 0.09 |
| CAD | SUN LIFE FINL INC COM | 7 535.00 | 403 413.46 | 0.02 |
| CAD | SUNCOR ENERGY INC COM NPV ‘NEW’ | 19 951.00 | 463 392.98 | 0.02 |
| CAD | TC ENERGY CORPORAT COM NPV | 12 494.00 | 630 026.06 | 0.03 |
| CAD | TECK RESOURCES LTD CLASS’B’SUB-VTG COM NPV | 6 323.00 | 153 665.49 | 0.01 |
| CAD | THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 2 260.00 | 218 461.05 | 0.01 |
| CAD | TORONTO-DOMINION COM NPV | 23 800.00 | 1 711 960.93 | 0.09 |
| CAD | WESTON GEORGE LTD COM | 1 056.00 | 102 916.51 | 0.01 |
| CAD | WHEATON PRECIOUS M COM NPV | 5 991.00 | 284 003.45 | 0.02 |
| Total Kanada |  | 22 655 049.81 | 1.17 |
| Dänemark |  |  |  |
| DKK	CARLSBERG SER’B’DKK20 | 1 383.00 | 253 730.18 | 0.01 |
| DKK	COLOPLAST DKK1 B | 1 574.00 | 248 561.04 | 0.01 |
| DKK	DEMANT A/S DKK0.20 | 1 351.00 | 74 091.29 | 0.00 |
| DKK	NOVO-NORDISK AS DKK0.2 SER’B’ | 22 775.00 | 1 802 021.63 | 0.10 |
| DKK	TRYG A/S DKK5 | 4 246.00 | 100 025.78 | 0.01 |
| DKK	VESTAS WIND SYSTEM DKK0.20 (POST SPLIT) | 13 551.00 | 527 519.84 | 0.03 |
| Total Dänemark |  | 3 005 949.76 | 0.16 |
| Finnland |  |  |  |
| EUR	ELISA OYJ NPV | 2 089.00 | 123 261.63 | 0.01 |
| EUR	FORTUM OYJ EUR3.40 | 6 012.00 | 171 341.83 | 0.01 |
| EUR	NESTE OIL OYJ NPV | 5 659.00 | 372 932.83 | 0.02 |
| EUR	NOKIA OYJ NPV | 76 063.00 | 395 057.31 | 0.02 |
| SEK	NORDEA HOLDING ABP NPV | 42 444.00 | 455 038.66 | 0.02 |
| EUR	ORION CORP SER’B’NPV | 1 483.00 | 63 824.29 | 0.00 |
| EUR	SAMPO PLC SER’A’NPV | 6 257.00 | 291 469.61 | 0.02 |
| EUR	STORA ENSO OYJ NPV SER’R’ | 7 746.00 | 135 572.31 | 0.01 |
| EUR	UPM-KYMMENE CORP NPV | 7 279.00 | 277 313.70 | 0.01 |
| Total Finnland |  | 2 285 812.17 | 0.12 |
| Frankreich |  |  |  |
| EUR	GECINA EUR7.50 | 676.00 | 107 859.73 | 0.01 |
| EUR	LA FRANCAISE DES EUR0.40 (PROMESSES) | 1 199.00 | 68 240.31 | 0.00 |
| EUR	MICHELIN (CGDE) EUR2 | 2 330.00 | 358 375.83 | 0.02 |
| Total Frankreich |  | 534 475.87 | 0.03 |
| Deutschland |  |  |  |
| EUR	ADIDAS AG NPV (REGD) | 2 522.00 | 919 969.18 | 0.05 |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 5 503.00 | 1 449 599.94 | 0.08 |
| EUR	BASF SE NPV | 12 127.00 | 988 372.92 | 0.05 |
| EUR	BAYER AG NPV (REGD) | 12 995.00 | 817 931.58 | 0.04 |
| EUR	BRENNTAG AG | 2 099.00 | 197 967.65 | 0.01 |
| EUR	DAIMLER AG ORD NPV(REGD) | 11 210.00 | 1 043 978.90 | 0.05 |
| EUR	DELIVERY HERO SE NPV | 2 008.00 | 276 196.64 | 0.01 |
| EUR	DEUTSCHE BANK AG NPV(REGD) | 27 278.00 | 406 620.84 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | DEUTSCHE BOERSE AG NPV(REGD) | 2 533.00 | 414 065.22 | 0.02 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 3 945.00 | 51 503.78 | 0.00 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 13 294.00 | 906 968.13 | 0.05 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 44 759.00 | 929 989.71 | 0.05 |
| EUR | E.ON SE NPV | 30 453.00 | 368 126.23 | 0.02 |
| EUR | EVONIK INDUSTRIES NPV | 2 596.00 | 92 839.48 | 0.00 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 784.00 | 137 169.59 | 0.01 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 17 245.00 | 701 379.20 | 0.04 |
| EUR | LEG IMMOBILIEN SE NPV | 959.00 | 140 585.31 | 0.01 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 700.00 | 180 585.41 | 0.01 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 1 870.00 | 539 922.85 | 0.03 |
| EUR | SCOUT24 AG NPV | 1 338.00 | 108 656.86 | 0.01 |
| EUR | SIEMENS AG NPV(REGD) | 10 112.00 | 1 639 886.26 | 0.09 |
| EUR | SIEMENS ENERGY AG NPV | 5 283.00 | 167 940.76 | 0.01 |
| EUR | SIEMENS HEALTHINEE NPV | 3 491.00 | 196 255.11 | 0.01 |
| EUR | TELEFONICA DEUTSCH NPV | 14 200.00 | 38 837.97 | 0.00 |
| EUR | UNIPER SE NPV | 1 716.00 | 62 165.74 | 0.00 |
| EUR | UNITED INTERNET AG NPV(REGD) | 1 429.00 | 59 648.28 | 0.00 |
| EUR | VONOVIA SE NPV | 7 243.00 | 452 878.14 | 0.02 |
| Total Deutschland |  | 13 290 041.68 | 0.69 |
| Hongkong |  |  |  |
| HKD	BUDWEISER BREWING USD0.00001 | 21 800.00 | 74 012.09 | 0.00 |
| HKD	ESR CAYMAN LIMITED USD0.001 | 20 400.00 | 64 527.85 | 0.00 |
| HKD	NEW WORLD DEVEL CO NPV POST CON | 23 000.00 | 124 019.17 | 0.01 |
| Total Hongkong |  | 262 559.11 | 0.01 |
| Irland |  |  |  |
| EUR	CRH ORD EUR0.32 | 10 460.00 | 544 424.28 | 0.03 |
| GBP	EXPERIAN ORD USD0.10 | 12 149.00 | 466 802.79 | 0.02 |
| EUR	KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 2 159.00 | 202 887.45 | 0.01 |
| EUR	SMURFIT KAPPA GRP ORD EUR0.001 | 3 458.00 | 183 787.84 | 0.01 |
| Total Irland |  | 1 397 902.36 | 0.07 |
| Isle of Man |  |  |  |
| GBP	ENTAIN PLC ORD EUR0.01 | 7 500.00 | 175 857.32 | 0.01 |
| Total Isle of Man |  | 175 857.32 | 0.01 |
| Israel |  |  |  |
| ILS	MIZRAHI TEFAHOT BK ILS0.01 | 1 568.00 | 46 723.84 | 0.00 |
| Total Israel |  | 46 723.84 | 0.00 |
| Italien |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 6 487.00 | 127 654.77 | 0.01 |
| EUR	DAVIDE CAMPARI MIL EUR0.01 | 7 515.00 | 97 257.26 | 0.01 |
| EUR	ENEL EUR1 | 108 034.00 | 1 064 099.07 | 0.05 |
| EUR	ENI SPA EUR1 | 33 859.00 | 416 295.33 | 0.02 |
| EUR	FERRARI NV EUR0.01(NEW) | 1 731.00 | 366 032.62 | 0.02 |
| EUR	INTESA SANPAOLO NPV | 214 368.00 | 633 357.48 | 0.02 |
| EUR	MEDIOBANCA SPA EUR0.5 | 7 762.00 | 92 624.44 | 0.00 |
| EUR	MONCLER SPA NPV | 2 629.00 | 186 817.84 | 0.01 |
| EUR	NEXI SPA NPV | 5 875.00 | 118 807.96 | 0.01 |
| EUR	PRYSMIAN SPA EUR0.10 | 3 159.00 | 109 034.18 | 0.01 |
| EUR	RECORDATI EUR0.125 | 1 379.00 | 76 697.70 | 0.00 |
| EUR	SNAM EUR1 | 26 819.00 | 157 622.75 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 19 897.00 | 151 995.52 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 27 372.00 | 351 396.95 | 0.02 |
| Total Italien |  | 3 949 693.87 | 0.20 |
| Japan |  |  |  |
| JPY	ABC-MART INC NPV | 400.00 | 22 852.96 | 0.00 |
| JPY	AEON CO LTD NPV | 8 600.00 | 230 496.82 | 0.01 |
| JPY	AGC INC NPV | 2 700.00 | 117 976.14 | 0.01 |
| JPY	AJINOMOTO CO INC NPV | 6 000.00 | 137 995.34 | 0.01 |
| JPY	ANA HOLDINGS INC NPV | 1 100.00 | 26 696.83 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 5 900.00 | 281 476.30 | 0.01 |
| JPY	ASAHI KASEI CORP NPV | 16 300.00 | 179 546.60 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 24 400.00 | 400 923.26 | 0.02 |
| JPY	BRIDGESTONE CORP NPV | 7 100.00 | 311 921.02 | 0.02 |
| JPY	BROTHER INDUSTRIES NPV | 3 600.00 | 75 261.21 | 0.00 |
| JPY	CANON INC NPV | 13 300.00 | 311 239.09 | 0.02 |
| JPY	CASIO COMPUTER CO NPV | 2 500.00 | 43 534.90 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 8 800.00 | 105 460.03 | 0.01 |
| JPY	DAI NIPPON PRINTNG NPV | 3 600.00 | 77 630.60 | 0.00 |
| JPY	DAIWA SECS GROUP NPV | 20 000.00 | 115 142.37 | 0.01 |
| JPY	DENSO CORP NPV | 5 700.00 | 390 942.00 | 0.02 |
| JPY	DENTSU GROUP INC NPV | 2 600.00 | 89 364.23 | 0.00 |
| JPY	EAST JAPAN RAILWAY NPV | 4 000.00 | 279 720.28 | 0.01 |
| JPY	ENEOS HOLDINGS INC NPV | 40 300.00 | 166 696.38 | 0.01 |
| JPY	FUJI FILM HLD CORP NPV | 4 800.00 | 334 611.27 | 0.02 |
| JPY	FUJITSU NPV | 2 600.00 | 422 697.56 | 0.02 |
| JPY	HAKUHODO DY HLDGS NPV | 2 400.00 | 39 775.13 | 0.00 |
| JPY	HAMAMATSU PHOTONIC NPV | 1 900.00 | 115 672.56 | 0.01 |
| JPY	HINO MOTORS NPV | 4 800.00 | 44 667.49 | 0.00 |
| JPY	HITACHI CONST MACH NPV | 1 700.00 | 56 410.26 | 0.00 |
| JPY	HITACHI METALS NPV | 2 500.00 | 48 471.14 | 0.00 |
| JPY	HITACHI NPV | 12 700.00 | 665 909.78 | 0.04 |
| JPY	HONDA MOTOR CO NPV | 21 600.00 | 662 048.54 | 0.03 |
| JPY	HOYA CORP NPV | 5 000.00 | 655 880.07 | 0.03 |
| JPY	IIDA GROUP HOLDING NPV | 1 500.00 | 39 983.55 | 0.00 |
| JPY	INPEX CORPORATION NPV | 16 200.00 | 111 509.67 | 0.01 |
| JPY	ITOCHU CORP NPV | 16 300.00 | 484 105.31 | 0.03 |
| JPY	JAPAN AIRLINES CO NPV | 2 100.00 | 47 972.03 | 0.00 |
| JPY	JAPAN METRO FUND REIT | 92.00 | 93 181.59 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| JPY | JAPAN POST BANK CO NPV | 2 200.00 | 18 722.97 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 20 500.00 | 170 678.73 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 16 200.00 | 320 238.58 | 0.02 |
| JPY | JFE HOLDINGS INC NPV | 6 600.00 | 87 963.80 | 0.00 |
| JPY | KDDI CORP NPV | 21 400.00 | 727 124.64 | 0.04 |
| JPY | KEYENCE CORP NPV | 2 500.00 | 1 231 089.17 | 0.06 |
| JPY | KONAMI HOLDINGS CORP NPV | 1 100.00 | 70 588.24 | 0.00 |
| JPY | KUBOTA CORP NPV | 13 700.00 | 311 582.80 | 0.02 |
| JPY | KYOCERA CORP NPV | 4 200.00 | 258 077.61 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 3 400.00 | 102 874.90 | 0.01 |
| JPY | LAWSON INC NPV | 500.00 | 22 533.02 | 0.00 |
| JPY | LIXIL CORPORATION COM NPV | 4 100.00 | 107 826.68 | 0.01 |
| JPY | MARUBENI CORP NPV | 23 700.00 | 209 561.77 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 8 800.00 | 75 213.68 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 1 600.00 | 30 626.63 | 0.00 |
| JPY | MERCARI INC NPV | 1 300.00 | 61 675.58 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 15 000.00 | 120 060.33 | 0.01 |
| JPY | MITSUBISHI CORP NPV | 16 900.00 | 460 986.33 | 0.02 |
| JPY | MITSUBISHI ELEC CP NPV | 24 100.00 | 372 751.95 | 0.02 |
| JPY | MITSUBISHI ESTATE NPV | 15 300.00 | 248 041.96 | 0.01 |
| JPY | MITSUBISHI HVY IND NPV | 3 800.00 | 115 151.52 | 0.01 |
| JPY | MITSUBISHI UFJ FIN NPV | 162 700.00 | 922 107.96 | 0.05 |
| JPY | MITSUI & CO NPV | 21 500.00 | 474 436.67 | 0.02 |
| JPY | MIZUHO FINL GP NPV | 31 730.00 | 485 253.35 | 0.03 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 6 800.00 | 207 801.09 | 0.01 |
| JPY | MURATA MFG CO NPV | 7 600.00 | 575 167.05 | 0.03 |
| JPY | NEC CORP NPV | 3 300.00 | 154 147.81 | 0.01 |
| JPY | NEXON CO LTD NPV | 6 500.00 | 153 535.35 | 0.01 |
| JPY | NGK INSULATORS NPV | 2 700.00 | 47 338.54 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 1 500.00 | 928 287.40 | 0.05 |
| JPY | NIPPON PROLOGIS RE REIT | 33.00 | 102 413.27 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 17 100.00 | 458 235.29 | 0.02 |
| JPY | NIPPON YUSEN KK NPV | 2 000.00 | 82 544.91 | 0.00 |
| JPY | NISSAN MOTOR CO NPV | 32 600.00 | 160 653.23 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 43 900.00 | 241 180.13 | 0.01 |
| JPY | NOMURA REAL EST MA REIT | 62.00 | 98 275.06 | 0.01 |
| JPY | NOMURA RESEARCH IN NPV | 4 100.00 | 130 801.22 | 0.01 |
| JPY | NTT DATA CORP NPV | 7 800.00 | 126 916.22 | 0.01 |
| JPY | OMRON CORP NPV | 2 400.00 | 189 112.85 | 0.01 |
| JPY | ORIX CORP NPV | 17 200.00 | 303 686.64 | 0.02 |
| JPY | ORIX JREIT INC REIT | 29.00 | 53 946.71 | 0.00 |
| JPY | OSAKA GAS CO NPV | 5 200.00 | 98 015.45 | 0.01 |
| JPY | OTSUKA CORP NPV | 1 500.00 | 80 351.02 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 5 000.00 | 206 407.97 | 0.01 |
| JPY | PANASONIC CORP NPV | 29 000.00 | 330 572.69 | 0.02 |
| JPY | RENESAS ELECTRONIC NPV | 10 100.00 | 102 851.14 | 0.01 |
| JPY | RESONA HOLDINGS NPV | 30 100.00 | 128 549.93 | 0.01 |
| JPY | RICOH CO NPV | 8 200.00 | 97 295.12 | 0.01 |
| JPY | ROHM CO LTD NPV | 1 200.00 | 113 752.91 | 0.01 |
| JPY | SANTEN PHARM CO NPV | 4 300.00 | 57 506.28 | 0.00 |
| JPY | SEIKO EPSON CORP NPV | 2 800.00 | 49 526.94 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 4 200.00 | 71 602.91 | 0.00 |
| JPY | SEVEN & I HOLDINGS NPV | 10 000.00 | 432 926.55 | 0.02 |
| JPY | SG HOLDINGS CO LTD NPV | 4 300.00 | 96 145.16 | 0.00 |
| JPY | SHIMADZU CORP NPV | 3 000.00 | 105 169.34 | 0.01 |
| JPY | SOFTBANK CORP NPV | 36 800.00 | 473 140.45 | 0.02 |
| JPY | SOFTBANK GROUP CO NPV | 16 800.00 | 1 267 889.76 | 0.07 |
| JPY | SOHGO SECURITY SER NPV | 1 100.00 | 50 377.07 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 4 900.00 | 197 263.13 | 0.01 |
| JPY | SONY GROUP CORPORA NPV | 16 700.00 | 1 646 414.37 | 0.09 |
| JPY | SUBARU CORPORATION NPV | 8 100.00 | 157 749.90 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 3 400.00 | 78 974.36 | 0.00 |
| JPY | SUMITOMO CHEM CO NPV | 23 000.00 | 126 148.36 | 0.01 |
| JPY | SUMITOMO CORP NPV | 17 400.00 | 243 038.53 | 0.01 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 2 700.00 | 51 484.99 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 9 700.00 | 148 654.42 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 17 300.00 | 624 821.06 | 0.03 |
| JPY | SUMITOMO MITSUI TR NPV | 4 400.00 | 151 674.21 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 3 500.00 | 116 426.71 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 20 749.00 | 705 384.44 | 0.04 |
| JPY | TDK CORP NPV | 1 800.00 | 229 370.63 | 0.01 |
| JPY | TOKIO MARINE HLDG NPV | 8 300.00 | 392 940.26 | 0.02 |
| JPY | TOKYO ELEC POWER H NPV | 21 200.00 | 65 695.87 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 1 900.00 | 845 139.17 | 0.04 |
| JPY | TOPPAN PRINTING CO NPV | 2 600.00 | 45 585.26 | 0.00 |
| JPY | TOSHIBA CORP NPV | 5 700.00 | 239 421.36 | 0.01 |
| JPY | TOYOTA MOTOR CORP NPV | 28 000.00 | 2 333 013.39 | 0.12 |
| JPY | TREND MICRO INC NPV | 2 000.00 | 101 467.16 | 0.01 |
| JPY | UNICHARM CORP NPV | 5 300.00 | 209 441.93 | 0.01 |
| JPY | UNITED URBAN INVESTMENT CORP | 24.00 | 34 443.99 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 2 100.00 | 119 594.13 | 0.01 |
| JPY | YAMADA HOLDINGS CO NPV | 10 000.00 | 48 631.11 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 3 300.00 | 96 380.09 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 3 100.00 | 150 473.06 | 0.01 |
| JPY | YOKOGAWA ELECTRIC NPV | 3 800.00 | 60 198.36 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 35 000.00 | 164 641.89 | 0.01 |
| Total Japan |  | 31 353 536.78 | 1.62 |
| Luxemburg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 9 342.00 | 307 194.59 | 0.02 |
| EUR	EUROFINS SCIENTIFI EUR0.01 | 1 788.00 | 192 966.89 | 0.01 |
| EUR	TENARIS S.A. USD1 | 6 107.00 | 69 664.53 | 0.00 |
| Total Luxemburg |  | 569 826.01 | 0.03 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Niederlande |  |  |  |
| EUR	ADYEN NV EUR0.01 | 254.00 | 587 069.58 | 0.03 |
| EUR	AEGON NV EUR0.12 | 21 908.00 | 103 286.11 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 5 583.00 | 3 735 217.27 | 0.19 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 14 068.00 | 242 953.39 | 0.01 |
| EUR	JDE PEETS N.V. EUR0.01 | 1 311.00 | 51 709.37 | 0.00 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 2 317.00 | 426 915.02 | 0.02 |
| EUR	NN GROUP N.V. EUR0.12 | 3 825.00 | 194 220.70 | 0.01 |
| EUR	PROSUS N.V. EUR0.05 | 6 472.00 | 671 892.05 | 0.04 |
| GBP	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 54 531.00 | 1 043 052.83 | 0.06 |
| Total Niederlande |  | 7 056 316.32 | 0.37 |
| Norwegen |  |  |  |
| NOK	ADEVINTA ASA SER’B’NOK0.2 | 4 192.00 | 81 252.52 | 0.00 |
| NOK	DNB ASA NOK10 | 12 786.00 | 283 561.26 | 0.01 |
| NOK	EQUINOR ASA NOK2.50 | 12 024.00 | 259 666.66 | 0.01 |
| NOK	MOWI ASA NOK7.50 | 5 549.00 | 144 940.67 | 0.01 |
| NOK	NORSK HYDRO ASA NOK3.6666 | 16 864.00 | 110 963.77 | 0.01 |
| NOK	TELENOR ASA ORD NOK6 | 8 614.00 | 149 516.07 | 0.01 |
| Total Norwegen |  | 1 029 900.95 | 0.05 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 37 877.00 | 217 890.03 | 0.02 |
| EUR	GALP ENERGIA EUR1-B | 6 612.00 | 82 296.77 | 0.00 |
| EUR	JERONIMO MARTINS EUR5 | 3 463.00 | 67 024.80 | 0.00 |
| Total Portugal |  | 367 211.60 | 0.02 |
| Singapur |  |  |  |
| SGD	GENTING SINGAPORE LTD | 61 800.00 | 39 532.91 | 0.00 |
| SGD	SINGAPORE TELECOMM NPV | 94 900.00 | 173 139.79 | 0.01 |
| Total Singapur |  | 212 672.70 | 0.01 |
| Spanien |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 232 706.00 | 974 189.60 | 0.05 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 89 292.00 | 560 711.83 | 0.03 |
| Total Spanien |  | 1 534 901.43 | 0.08 |
| Schweden |  |  |  |
| SEK	ALFA LAVAL AB NPV | 4 034.00 | 152 219.99 | 0.01 |
| SEK	ATLAS COPCO AB SER’A’NPV (POST SPLIT) | 8 900.00 | 539 654.13 | 0.03 |
| SEK	ATLAS COPCO AB SER’B’NPV (POST SPLIT) | 4 968.00 | 256 302.36 | 0.01 |
| SEK	BOLIDEN AB NPV (POST SPLIT) | 3 698.00 | 148 282.12 | 0.01 |
| SEK	ELECTROLUX AB SER’B’NPV (POST SPLIT) | 2 875.00 | 81 511.84 | 0.00 |
| SEK	EMBRACER GROUP AB SER’B’NPV (POST SPLIT) | 3 483.00 | 103 874.23 | 0.01 |
| SEK	EPIROC AB SER’A’NPV (POST SPLIT) | 8 406.00 | 190 275.95 | 0.01 |
| SEK	EPIROC AB SER’B’NPV | 5 116.00 | 102 015.22 | 0.01 |
| SEK	EQT AB NPV | 3 021.00 | 109 331.91 | 0.01 |
| SEK	ERICSSON SER’B’ NPV | 38 668.00 | 512 762.99 | 0.03 |
| SEK	EVOLUTION AB NPV | 2 286.00 | 437 615.64 | 0.02 |
| SEK	HENNES & MAURITZ SER’B’NPV | 10 607.00 | 270 988.75 | 0.01 |
| SEK	HEXAGON AB SER’B’NPV (POST SPLIT) | 25 599.00 | 364 897.35 | 0.02 |
| SEK	INVESTOR AB SER’B’NPV (POST SPLIT) | 23 756.00 | 548 907.36 | 0.03 |
| SEK	KINNEVIK AB SER’B’NPV(RED SHS 10/06/21) | 3 035.00 | 57 829.04 | 0.00 |
| SEK	KINNEVIK AB SER’B’NPV (POST SPLIT) | 3 035.00 | 115 914.29 | 0.01 |
| SEK	NIBE INDUSTRIER AB SER’B’NPV (POST SPLIT) | 15 248.00 | 165 899.83 | 0.01 |
| SEK	SANDVIK AB NPV (POST SPLIT) | 14 845.00 | 391 345.72 | 0.02 |
| SEK	SKAND ENSKILDA BKN SER’A’NPV | 20 857.00 | 266 742.82 | 0.01 |
| SEK	SKF AB SER’B’NPV | 4 994.00 | 134 844.38 | 0.01 |
| SEK	SWEDBANK AB SER’A’NPV | 12 023.00 | 216 153.59 | 0.01 |
| SEK	SWEDISH MATCH NPV (POST SPLIT) | 21 770.00 | 201 890.09 | 0.01 |
| SEK	TELE2 AB SHS | 6 729.00 | 90 561.78 | 0.00 |
| SEK	VOLVO AB SER’B’NPV (POST SPLIT) | 18 616.00 | 487 389.79 | 0.02 |
| Total Schweden |  | 5 947 211.17 | 0.31 |
| Schweiz |  |  |  |
| CHF	ABB LTD CHF0.12 (REGD) | 24 422.00 | 832 848.99 | 0.05 |
| CHF	ADECCO GROUP AG CHF0.1 (REGD) | 2 032.00 | 139 947.83 | 0.02 |
| CHF	ALCON AG CHF0.04 | 6 608.00 | 459 661.40 | 0.02 |
| CHF	BALOISE-HLDGS CHF0.1(REGD) | 635.00 | 104 709.51 | 0.01 |
| CHF	BARRY CALLEBAUT AG CHF0.02 (REGD) | 40.00 | 91 532.77 | 0.00 |
| CHF	BQE CANT VAUDOISE CHF1 | 572.00 | 53 107.24 | 0.00 |
| CHF	CLARIANT CHF4.00(REGD) | 2 610.00 | 56 460.28 | 0.00 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 2 511.00 | 91 697.54 | 0.00 |
| CHF	CREDIT SUISSE GRP CHF0.04(REGD) | 32 829.00 | 357 729.69 | 0.02 |
| CHF	EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 113.00 | 105 919.83 | 0.01 |
| CHF	GEBERIT CHF0.10(REGD) | 495.00 | 358 088.62 | 0.02 |
| CHF	GIVAUDAN AG CHF10 | 122.00 | 544 377.61 | 0.03 |
| CHF	HOLCIM LTD CHF2 (REGD) | 6 864.00 | 408 016.28 | 0.02 |
| CHF	JULIUS BAER GRUPPE CHF0.02 (REGD) | 2 914.00 | 199 591.26 | 0.01 |
| CHF	KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 744.00 | 251 157.39 | 0.02 |
| CHF	LINDT & SPRUENGLI CHF100(REGD) | 2.00 | 203 035.53 | 0.01 |
| CHF	LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 2 174.00 | 269 287.37 | 0.02 |
| CHF	LONZA GROUP AG CHF1(REGD) | 974.00 | 627 059.54 | 0.03 |
| CHF	NESTLE SA CHF0.10(REGD) | 38 241.00 | 4 707 042.53 | 0.24 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 29 552.00 | 2 593 254.95 | 0.14 |
| CHF	PARTNERS GROUP HLG CHF0.01 (REGD) | 283.00 | 430 156.22 | 0.02 |
| CHF	RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 6 927.00 | 844 549.45 | 0.04 |
| CHF	SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 316.00 | 91 354.87 | 0.00 |
| CHF	SGS LTD CHF1(REGD) | 82.00 | 255 569.02 | 0.01 |
| CHF	SIKA AG CHF0.01 (REG) | 1 860.00 | 598 318.79 | 0.03 |
| CHF	SONOVA HOLDING AG CHF0.05 (REGD) | 732.00 | 260 291.99 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
|  |  |  |  |  |
| CHF | STRAUMANN HLDG CHF0.1(REGD) | 136.00 | 212 842.61 | 0.01 |
| CHF | SWATCH GROUP CHF0.45(REGD) | 612.00 | 42 428.64 | 0.00 |
| CHF | SWISS LIFE HLDG CHF5.1(REGD) | 397.00 | 205 882.92 | 0.01 |
| CHF | SWISS PRIME SITE CHF15.3 (REGD) | 1 132.00 | 115 547.45 | 0.01 |
| CHF | SWISSCOM AG CHF1(REGD) | 373.00 | 209 860.45 | 0.01 |
| CHF | TEMENOS AG CHF5 (REGD) | 896.00 | 137 934.29 | 0.01 |
| CHF | UBS GROUP CHF0.10 (REGD) | 48 577.00 | 787 786.23 | 0.04 |
| CHF | ZURICH INSURANCE GRP CHF0.10 | 1 984.00 | 828 587.76 | 0.04 |
| Total Schweiz |  | 17 475 636.85 | 0.91 |
| Vereinigte Arabische Emirate |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 3 082.00 | 0.04 | 0.00 |
| Total Vereinigte Arabische Emirate |  | 0.04 | 0.00 |
| Grossbritannien |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 2 684.00 | 112 131.84 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 16 169.00 | 720 555.72 | 0.03 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 5 717.00 | 125 517.13 | 0.01 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 5 879.00 | 430 218.28 | 0.02 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 4 701.00 | 155 100.16 | 0.01 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 13 002.00 | 103 796.84 | 0.01 |
| GBP	BARCLAYS ORD GBP0.25 | 223 576.00 | 581 916.13 | 0.03 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 1 639.00 | 109 013.14 | 0.01 |
| GBP	BP ORD USD0.25 | 269 515.00 | 1 172 908.32 | 0.06 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 5 309.00 | 161 198.44 | 0.01 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 23 415.00 | 535 379.94 | 0.03 |
| GBP	CRODA INTL ORD GBP0.10609756 | 1 908.00 | 189 530.07 | 0.01 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 31 085.00 | 1 504 136.63 | 0.07 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 19 380.00 | 81 902.20 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 2 991.00 | 407 483.55 | 0.02 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 66 460.00 | 1 269 904.59 | 0.06 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 4 386.00 | 103 308.96 | 0.01 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 270 535.00 | 1 750 926.74 | 0.09 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 12 746.00 | 289 895.02 | 0.01 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 2 216.00 | 155 013.67 | 0.01 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 2 125.00 | 163 962.92 | 0.01 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 77 632.00 | 313 736.11 | 0.02 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 4 190.00 | 451 113.88 | 0.02 |
| GBP	M&G PLC ORD GBP0.05 | 31 617.00 | 109 887.02 | 0.01 |
| GBP	MONDI ORD EUR0.20 | 6 192.00 | 167 808.76 | 0.01 |
| GBP	MORRISON(W)SUPRMKT ORD GBP0.10 | 30 819.00 | 77 476.58 | 0.00 |
| GBP	NATWEST GROUP PLC ORD GBP1 | 62 815.00 | 184 833.45 | 0.01 |
| GBP	NEXT ORD GBP0.10 | 1 749.00 | 202 824.48 | 0.01 |
| GBP	PEARSON ORD GBP0.25 | 10 185.00 | 118 458.81 | 0.01 |
| GBP	PERSIMMON ORD GBP0.10 | 4 156.00 | 186 685.03 | 0.01 |
| GBP	PHOENIX GP HLDGS ORD GBP0.10 | 7 190.00 | 75 182.62 | 0.00 |
| GBP	PRUDENTIAL ORD GBP0.05 | 34 070.00 | 726 941.88 | 0.04 |
| GBP	RIO TINTO ORD GBP0.10 | 15 031.00 | 1 295 668.59 | 0.07 |
| GBP	RSA INSURANCE GRP ORD GBP1.00 | 13 428.00 | 130 599.43 | 0.01 |
| GBP	SAINSBURY(J) ORD GBP0.28571428 | 24 465.00 | 92 367.71 | 0.00 |
| GBP	SCHRODERS VTG SHS GBP1 | 1 662.00 | 84 035.30 | 0.00 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 11 317.00 | 247 822.02 | 0.01 |
| GBP	STANDARD CHARTERED ORD USD0.50 | 35 787.00 | 258 324.06 | 0.01 |
| GBP	STD LIFE ABERDEEN ORD GBP0.1396825396 | 27 263.00 | 106 574.47 | 0.01 |
| EUR	STELLANTIS N V COM EUR0.01 | 27 844.00 | 553 478.69 | 0.03 |
| GBP	TAYLOR WIMPEY ORD GBP0.01 | 47 239.00 | 115 095.51 | 0.01 |
| GBP	TESCO ORD GBP0.0633333 | 103 960.00 | 329 916.93 | 0.02 |
| GBP	UNILEVER PLC ORD GBP0.031111 | 5 798.00 | 348 342.09 | 0.02 |
| EUR	UNILEVER PLC ORD GBP0.031111 | 29 147.00 | 1 737 995.98 | 0.09 |
| GBP	VODAFONE GROUP ORD USD0.2095238(POST CONS) | 357 428.00 | 651 871.64 | 0.03 |
| Total Grossbritannien |  | 18 690 841.33 | 0.97 |
| Vereinigte Staaten |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 4 084.00 | 129 000.45 | 0.01 |
| CAD	BROOKFIELD RENEWA. CLASS A SUB VOTING SHARES | 1 700.00 | 71 976.66 | 0.00 |
| Total Vereinigte Staaten |  | 200 977.11 | 0.01 |
| Total Namensaktien |  | 135 216 733.62 | 7.00 |
| Depository Receipts |  |  |  |
| China |  |  |  |
| USD	FUTU HOLDINGS LIMI SPON ADS EA REP 8 ORD SHS | 700.00 | 99 589.00 | 0.01 |
| Total China |  | 99 589.00 | 0.01 |
| Hongkong |  |  |  |
| USD	MELCO RESORTS UNSP ARD EACH REP 3 ORD SHS | 2 900.00 | 49 851.00 | 0.00 |
| Total Hongkong |  | 49 851.00 | 0.00 |
| Irland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 5 898.00 | 196 264.26 | 0.01 |
| Total Irland |  | 196 264.26 | 0.01 |
| Israel |  |  |  |
| USD	TEVA PHARMA IND ADR(CNV 1 ORD ILS0.10) | 13 500.00 | 140 400.00 | 0.01 |
| Total Israel |  | 140 400.00 | 0.01 |
| Niederlande |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 5 311.00 | 70 908.96 | 0.00 |
| Total Niederlande |  | 70 908.96 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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) |  |
| Singapur |  |  |  |  |
| USD | SEA LTD ADS EACH REP ONE CL A SHS | 200.00 | 50 648.00 | 0.00 |
| Total Singapur | 50 648.00 | 0.00 |
| Total Depository Receipts | 607 661.22 | 0.03 |
| Zertifikate auf Anlagefonds |  |  |
| Irland |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 30.06.23	37 450 000.00 | 61 178 320.00 | 3.17 |
| Total Irland | 61 178 320.00 | 3.17 |
| Total Zertifikate auf Anlagefonds | 61 178 320.00 | 3.17 |
| Investment Fonds, closed end |
| Kanada |  |  |  |  |
| CAD | CANADIAN APARTMENT PROP. REAL ESTATE INVESTMENT TRUST | 1 100.00 | 50 424.63 | 0.00 |
| CAD | RIOCAN REAL ESTATE INVESTMENT TRUST | 2 187.00 | 38 432.26 | 0.00 |
| Total Kanada | 88 856.89 | 0.00 |
| Singapur |  |  |  |  |
| SGD | ASCENDAS REAL ESTATE INVESTMENT TRUST | 38 600.00 | 85 618.68 | 0.01 |
| SGD | CAPITALAND INTEGRATED COMMERCIAL TRUST REAL ESTATE INV TRUST | 51 500.00 | 81 483.02 | 0.00 |
| SGD | MAPLETREE COMMERCIAL REAL ESTATE INVESTMENT TRUST | 19 100.00 | 30 364.51 | 0.00 |
| Total Singapur |  | 197 466.21 | 0.01 |
| Grossbritannien |  |  |  |
| GBP	SEGRO PLC REIT | 16 479.00 | 244 438.82 | 0.02 |
| Total Grossbritannien |  | 244 438.82 | 0.02 |
| Total Investment Fonds, closed end |  | 530 761.92 | 0.03 |
| Anrechte |  |  |  |
| Singapur |  |  |  |
| SGD	SINGAPORE AIRLINES LTD RIGHTS 16.06.21	36 575.00 | 0.28 | 0.00 |
| Total Singapur | 0.28 | 0.00 |
| Total Anrechte | 0.28 | 0.00 |
| Notes, fester Zins |
| USD |  |  |  |  |
| USD | 3M CO 2.25000% 16-19.09.26 | 1 500 000.00 | 1 592 930.90 | 0.08 |
| USD | ABU DHABI,GOVERNMENT OF-REG-S 3.12500% 17-11.10.27 | 2 675 000.00 | 2 922 939.06 | 0.15 |
| USD | ALBERTA, PROVINCE OF 3.30000% 18-15.03.28 | 3 725 000.00 | 4 149 470.01 | 0.22 |
| USD | ALPHABET INC 1.10000% 20-15.08.30 | 3 550 000.00 | 3 317 269.84 | 0.17 |
| USD | ALPHABET INC 1.99800% 16-15.08.26 | 2 075 000.00 | 2 176 337.38 | 0.11 |
| USD | AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 1 127 000.00 | 1 184 520.16 | 0.06 |
| USD | APPLE INC 1.65000% 20-11.05.30 | 3 501 000.00 | 3 408 741.86 | 0.18 |
| USD | APPLE INC 2.20000% 19-11.09.29 | 3 800 000.00 | 3 894 618.25 | 0.20 |
| USD | APPLE INC 2.40000% 13-03.05.23 | 1 048 000.00 | 1 089 846.40 | 0.06 |
| USD | APPLE INC 2.45000% 16-04.08.26 | 1 306 000.00 | 1 391 613.48 | 0.07 |
| USD | APPLE INC 2.85000% 16-23.02.23 | 167 000.00 | 173 798.57 | 0.01 |
| USD | APPLE INC 3.20000% 17-11.05.27 | 5 448 000.00 | 6 016 695.04 | 0.31 |
| USD | APPLE INC 3.25000% 16-23.02.26 | 133 000.00 | 146 567.06 | 0.01 |
| USD | BANK OF NOVA SCOTIA 2.00000% 19-15.11.22 | 1 310 000.00 | 1 344 080.47 | 0.07 |
| USD | BAYER US FINANCE II LLC-REG-S 3.87500% 18-15.12.23 | 1 200 000.00 | 1 291 002.07 | 0.07 |
| USD | BERKSHIRE HATHAWAY FINANCE CORP 1.85000% 20-12.03.30 | 600 000.00 | 597 950.63 | 0.03 |
| USD | BERKSHIRE HATHAWAY INC 3.12500% 16-15.03.26 | 1 094 000.00 | 1 199 504.85 | 0.06 |
| USD | BRITISH COLUMBIA, PROVINCE OF 1.75000% 19-27.09.24 | 700 000.00 | 728 693.59 | 0.04 |
| USD | BRITISH COLUMBIA, PROVINCE OF 1.30000% 21-29.01.31 | 1 500 000.00 | 1 431 763.59 | 0.08 |
| USD | CHEVRON CORP 2.23600% 20-11.05.30 | 2 147 000.00 | 2 182 038.23 | 0.11 |
| USD | COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.90000% 18-16.03.28 | 1 650 000.00 | 1 877 009.80 | 0.10 |
| USD | CORPORACION ANDINA DE FOMENTO 4.37500% 12-15.06.22 | 1 000 000.00 | 1 039 890.00 | 0.05 |
| USD | EQUINOR ASA 2.37500% 20-22.05.30 | 1 335 000.00 | 1 358 902.18 | 0.07 |
| USD | EQUINOR ASA 3.62500% 18-10.09.28 | 3 310 000.00 | 3 682 279.67 | 0.19 |
| USD | EUROPEAN INVESTMENT BANK 2.37500% 17-24.05.27 | 1 000 000.00 | 1 074 581.28 | 0.06 |
| USD | EUROPEAN INVESTMENT BANK 0.87500% 20-17.05.30 | 8 490 000.00 | 7 991 928.12 | 0.41 |
| USD | EUROPEAN INVESTMENT BANK 1.25000% 21-14.02.31 | 7 450 000.00 | 7 154 690.94 | 0.37 |
| USD | EXPORT DEVELOPMENT CANADA 2.00000% 17-17.05.22 | 295 000.00 | 300 211.50 | 0.02 |
| USD | EXPORT-IMPORT BANK OF KOREA 3.25000% 15-10.11.25 | 3 600 000.00 | 3 943 800.00 | 0.20 |
| USD | EXPORT-IMPORT BANK OF KOREA 2.75000% 17-25.01.22 | 575 000.00 | 583 014.06 | 0.03 |
| USD | EXXON MOBIL CORP 3.04300% 16-01.03.26 | 2 476 000.00 | 2 696 740.38 | 0.14 |
| USD | EXXON MOBIL CORP 3.48200% 20-19.03.30 | 1 590 000.00 | 1 758 488.88 | 0.09 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.37500% 17-07.07.27 | 900 000.00 | 962 237.30 | 0.05 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.25000% 19-18.06.29 | 3 375 000.00 | 3 565 146.86 | 0.18 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.00000% 19-23.07.26 | 1 000 000.00 | 1 053 497.65 | 0.05 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 1 000 000.00 | 1 025 416.05 | 0.05 |
| USD | INTERNATIONAL DVPT ASSOCIATION-REG-S 1.00000% 20-03.12.30 | 1 060 000.00 | 996 480.56 | 0.05 |
| USD | INTL BK FOR RECONSTR & DEVT WORLD BANK 1.75000% 19-23.10.29 | 1 600 000.00 | 1 627 112.83 | 0.08 |
| USD | JOHNSON & JOHNSON 1.30000% 20-01.09.30 | 2 030 000.00 | 1 946 320.54 | 0.10 |
| USD | JOHNSON & JOHNSON 2.90000% 17-15.01.28 | 1 025 000.00 | 1 120 190.00 | 0.06 |
| USD | JOHNSON & JOHNSON 3.37500% 13-05.12.23 | 1 025 000.00 | 1 108 158.62 | 0.06 |
| USD | KOREA DEVELOPMENT BANK 2.75000% 17-19.03.23 | 1 050 000.00 | 1 094 165.63 | 0.06 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.00000% 12-19.09.22 | 800 000.00 | 826 900.00 | 0.04 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.12500% 17-25.07.27 | 2 950 000.00 | 3 221 164.00 | 0.17 |
| USD | KOREA SOUTH-EAST POWER CO LTD-REG-S 2.12500% 20-03.02.25 | 900 000.00 | 931 383.00 | 0.05 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.12500% 13-17.01.23 | 775 000.00 | 799 407.75 | 0.04 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 15-02.05.25 | 1 150 000.00 | 1 211 787.22 | 0.06 |
| USD | KUWAIT INTERNATIONAL GOVT BOND-REG-S 3.50000% 17-20.03.27 | 6 200 000.00 | 6 871 537.50 | 0.36 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 2.00000% 15-13.01.25 | 3 875 000.00 | 4 075 151.85 | 0.21 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 0.87500% 20-03.09.30 | 1 863 000.00 | 1 735 535.31 | 0.09 |
| USD | MANITOBA, PROVINCE OF 2.12500% 17-04.05.22 | 44 000.00 | 44 785.23 | 0.00 |
| USD | MICROSOFT CORP 2.65000% 15-03.11.22 | 1 571 000.00 | 1 619 476.66 | 0.08 |
| USD | MICROSOFT CORP 2.87500% 17-06.02.24 | 824 000.00 | 876 679.83 | 0.05 |
| USD | MICROSOFT CORP 3.30000% 17-06.02.27 | 4 890 000.00 | 5 448 373.40 | 0.28 |
| USD | NATIONAL AUSTRALIA BANK LTD/NY 2.50000% 16-12.07.26 | 3 200 000.00 | 3 410 459.84 | 0.18 |
| USD | NESTLE HOLDINGS INC-REG-S 1.25000% 20-15.09.30 | 1 938 000.00 | 1 820 380.35 | 0.09 |
| USD | NEW YORK LIFE GLOBAL FUNDING-REG-S 3.00000% 18-10.01.28 | 1 754 000.00 | 1 889 734.29 | 0.10 |
| USD | NORDIC INVESTMENT BANK 2.25000% 14-30.09.21 | 500 000.00 | 503 514.95 | 0.03 |
| USD | NOVARTIS CAPITAL CORP 2.40000% 12-21.09.22 | 750 000.00 | 771 217.50 | 0.04 |
| USD | NOVARTIS CAPITAL CORP 3.10000% 17-17.05.27 | 2 310 000.00 | 2 539 925.95 | 0.13 |
| USD | NOVARTIS CAPITAL CORP 2.20000% 20-14.08.30 | 1 900 000.00 | 1 936 928.51 | 0.10 |
| USD | QATAR, STATE OF-REG-S 2.37500% 16-02.06.21 | 1 050 000.00 | 1 049 895.00 | 0.05 |
| USD | QATAR, STATE OF-REG-S 3.37500% 19-14.03.24 | 1 800 000.00 | 1 937 587.50 | 0.10 |
| USD | QATAR, STATE OF-REG-S 4.00000% 19-14.03.29 | 1 950 000.00 | 2 242 500.00 | 0.12 |
| USD | QUEBEC, PROVINCE OF 2.50000% 16-20.04.26 | 4 530 000.00 | 4 866 657.73 | 0.25 |
| USD | ROCHE HOLDINGS INC-REG-S 3.62500% 18-17.09.28 | 3 000 000.00 | 3 391 867.71 | 0.18 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.25000% 12-06.01.23 | 868 000.00 | 896 752.39 | 0.05 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.87500% 16-10.05.26 | 3 488 000.00 | 3 787 937.51 | 0.20 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.75000% 20-06.04.30 | 1 300 000.00 | 1 365 141.67 | 0.07 |
| USD | SINOPEC GROUP OVERSEAS DEV 2013-REG-S 4.37500% 13-17.10.23 | 675 000.00 | 730 606.50 | 0.04 |
| USD | STATE STREET CORP 2.40000% 20-24.01.30 | 811 000.00 | 834 343.69 | 0.04 |
| USD | TEMASEK FINANCIAL I LTD-REG-S 2.37500% 12-23.01.23 | 900 000.00 | 930 037.59 | 0.05 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.70000% 13-15.01.24 | 940 000.00 | 1 018 867.05 | 0.05 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.45500% 19-19.02.29 | 1 360 000.00 | 1 496 326.83 | 0.08 |
| USD | VISA INC 2.05000% 20-15.04.30 | 1 350 000.00 | 1 369 134.45 | 0.07 |
| USD | VISA INC 3.15000% 15-14.12.25 | 1 404 000.00 | 1 539 511.67 | 0.08 |
| USD | WALMART INC 2.55000% 13-11.04.23 | 1 464 000.00 | 1 520 444.87 | 0.08 |
| USD | WALMART INC 3.70000% 18-26.06.28 | 4 120 000.00 | 4 675 541.46 | 0.24 |
| USD | WELLS FARGO CO 3.50000% 12-08.03.22 | 5 000.00 | 5 126.83 | 0.00 |
| USD | WESTPAC BANKING CORP 2.85000% 16-13.05.26 | 2 855 000.00 | 3 087 491.21 | 0.16 |
| USD | WESTPAC BANKING CORP 3.35000% 17-08.03.27 | 1 200 000.00 | 1 333 269.36 | 0.07 |
| USD | WESTPAC BANKING CORP 2.00000% 20-13.01.23 | 45 000.00 | 46 283.08 | 0.00 |
| Total USD |  |  | 166 860 311.53 | 8.64 |
| Total Notes, fester Zins |  | 166 860 311.53 | 8.64 |
| Medium-Term Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	ABU DHABI, EMIRATE OF-REG-S 3.12500% 20-16.04.30 | 3 200 000.00 | 3 472 000.00 | 0.18 |
| USD	AFRICAN DEVELOPMENT BANK 2.37500% 14-23.09.21 | 750 000.00 | 755 234.93 | 0.04 |
| USD	ASB FINANCE LTD-REG-S 2.12500% 16-01.09.21 | 1 000 000.00 | 1 004 260.00 | 0.05 |
| USD	ASIAN DEVELOPMENT BANK 2.00000% 17-16.02.22 | 500 000.00 | 506 633.48 | 0.03 |
| USD	ASIAN DEVELOPMENT BANK 2.50000% 17-02.11.27 | 2 000 000.00 | 2 155 788.82 | 0.11 |
| USD	ASIAN DEVELOPMENT BANK 1.75000% 19-19.09.29 | 6 640 000.00 | 6 697 501.61 | 0.35 |
| USD	BANK OF MONTREAL 1.90000% 16-27.08.21 | 966 000.00 | 970 105.43 | 0.05 |
| USD	BANK OF NEW YORK CO INC 0.75000% 21-28.01.26 | 1 500 000.00 | 1 489 497.27 | 0.08 |
| USD	CAISSE D’AMOR DE LA DETTE SOCIALE-REG-S 3.37500% 14-20.03.24 | 850 000.00 | 920 645.45 | 0.05 |
| USD	CLIFFORD CAPITAL PTE LTD-REG-S 1.73300% 19-10.09.24 | 1 500 000.00 | 1 546 950.00 | 0.08 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.15000% 17-19.09.27 | 725 000.00 | 798 360.43 | 0.04 |
| USD	CPPIB CAPITAL INC-REG-S 2.75000% 17-02.11.27 | 3 025 000.00 | 3 291 247.71 | 0.17 |
| USD	IDB TRUST SERVICES LTD-REG-S 2.26100% 17-26.09.22 | 1 550 000.00 | 1 585 498.10 | 0.08 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 1.12500% 21-13.01.31 | 4 500 000.00 | 4 273 225.42 | 0.22 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 1 700 000.00 | 1 804 227.89 | 0.09 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 17-22.11.27 | 5 200 000.00 | 5 607 467.79 | 0.29 |
| USD	JAPAN TOBACCO INC-REG-S 2.80000% 16-13.04.26 | 1 800 000.00 | 1 918 026.00 | 0.10 |
| USD	KOMMUNEKREDIT-REG-S 1.62500% 16-01.06.21 | 350 000.00 | 350 000.00 | 0.02 |
| USD	KOREA DEVELOPMENT BANK 1.75000% 20-18.02.25 | 300 000.00 | 307 967.79 | 0.02 |
| USD	MDGH - GMTN BV-REG-S 3.00000% 17-19.04.24 | 1 100 000.00 | 1 166 550.00 | 0.06 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 19-07.11.29 | 2 450 000.00 | 2 554 272.00 | 0.13 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 20-21.05.30 | 1 800 000.00 | 1 873 530.00 | 0.10 |
| USD	MORGAN STANLEY 3.12500% 16-27.07.26 | 1 040 000.00 | 1 132 240.26 | 0.06 |
| USD	MTR CORP CI LTD-REG-S 2.50000% 16-02.11.26 | 1 500 000.00 | 1 593 811.20 | 0.08 |
| USD	NEDERLANDSE WATERSCHAPSBK NV-REG-S 3.00000% 18-21.12.21 | 425 000.00 | 431 545.00 | 0.02 |
| USD	NESTLE HOLDINGS INC-REG-S 2.37500% 17-18.01.22 | 875 000.00 | 886 453.75 | 0.05 |
| USD	NESTLE HOLDINGS INC-REG-S 3.12500% 18-22.03.23 | 1 370 000.00 | 1 438 056.12 | 0.07 |
| USD	NISSAN MOTOR ACCEPTANCE CORP-REG-S 2.60000% 17-28.09.22 | 500 000.00 | 511 560.48 | 0.03 |
| USD	NORDRHEIN-WESTFALEN, STATE OF-REG-S 2.25000% 15-16.04.25 | 900 000.00 | 954 869.40 | 0.05 |
| USD	SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 2.50000% 20-03.02.27 | 2 100 000.00 | 2 183 343.75 | 0.11 |
| USD	SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 1 500 000.00 | 1 645 646.25 | 0.09 |
| USD	SUMITOMO MITSUI BANKING CORP-REG-S 2.44000% 19-18.06.24 | 801 000.00 | 845 495.39 | 0.04 |
| Total USD |  | 56 672 011.72 | 2.94 |
| Total Medium-Term Notes, fester Zins |  | 56 672 011.72 | 2.94 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	BNG BANK NV-REG-S 2.37500% 16-16.03.26 | 1 800 000.00 | 1 927 400.40 | 0.10 |
| USD	CAISSE D’AMORTIS DE LA DETTE SOC-REG-S 1.87500% 15-12.02.22 | 600 000.00 | 607 245.28 | 0.03 |
| USD	CANADIAN IMPERIAL BANK OF COM/CAN-REG-S 2.35000% 17-27.07.22 | 1 075 000.00 | 1 101 925.85 | 0.06 |
| USD	CENTRAL JAPAN RAILWAY CO-REG-S 3.40000% 18-06.09.23 | 1 400 000.00 | 1 483 064.94 | 0.08 |
| USD	DBS BANK LTD-REG-S 3.30000% 18-27.11.21 | 500 000.00 | 507 415.75 | 0.03 |
| USD	DNB BOLIGKREDITT AS-REG-S 2.50000% 17-28.03.22 | 500 000.00 | 509 261.00 | 0.03 |
| USD	FAB SUKUK CO LTD-REG-S 3.87500% 19-22.01.24 | 1 600 000.00 | 1 719 500.00 | 0.09 |
| USD	FMS WERTMANAGEMENT 2.00000% 17-01.08.22 | 550 000.00 | 561 873.68 | 0.03 |
| USD	ING BANK NV-REG-S 2.62500% 12-05.12.22 | 400 000.00 | 414 237.60 | 0.02 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 14-25.11.24 | 800 000.00 | 854 747.71 | 0.04 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 15-29.07.25 | 1 650 000.00 | 1 772 537.36 | 0.09 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.87500% 20-14.05.30 | 2 026 000.00 | 1 896 060.97 | 0.10 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | KOREA GAS CORP-REG-S 2.87500% 19-16.07.29 | 1 000 000.00 | 1 058 000.00 | 0.05 |
| USD | KOREA NATIONAL OIL CORP-REG-S 3.25000% 14-10.07.24 | 2 200 000.00 | 2 370 022.60 | 0.12 |
| USD | KOREA NATIONAL OIL CORP-REG-S 1.62500% 20-05.10.30 | 950 000.00 | 893 202.92 | 0.05 |
| USD | KOREA, REPUBLIC OF 3.87500% 13-11.09.23 | 1 400 000.00 | 1 508 325.00 | 0.08 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.50000% 14-20.11.24 | 1 225 000.00 | 1 308 979.03 | 0.07 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 0.75000% 20-30.09.30 | 1 750 000.00 | 1 619 209.24 | 0.08 |
| USD | NATIONWIDE BUILDING SOCIETY-REG-S 1.70000% 20-13.02.23 | 1 284 000.00 | 1 313 360.70 | 0.07 |
| USD | NOVARTIS CAPITAL CORP 3.40000% 14-06.05.24 | 1 000 000.00 | 1 088 620.76 | 0.06 |
| USD | OESTERREICHISCHE KONTROLLBANK AG 2.37500% 14-01.10.21 | 675 000.00 | 680 008.43 | 0.03 |
| USD | ONTARIO, PROVINCE OF 1.12500% 20-07.10.30 | 2 570 000.00 | 2 408 545.19 | 0.12 |
| USD | ONTARIO, PROVINCE OF 3.20000% 14-16.05.24 | 1 645 000.00 | 1 775 854.34 | 0.09 |
| USD | SWEDBANK AB-REG-S 2.80000% 17-14.03.22 | 1 000 000.00 | 1 020 357.51 | 0.05 |
| Total USD |  |  | 30 399 756.26 | 1.57 |
| Total Anleihen, fester Zins |  | 30 399 756.26 | 1.57 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 1.87500% 17-31.08.24 | 200 000.00 | 209 656.25 | 0.01 |
| USD	AMERICA, UNITED STATES OF 2.62500% 19-15.02.29 | 162 000.00 | 176 852.11 | 0.01 |
| USD	AMERICA, UNITED STATES OF 2.37500% 19-15.05.29 | 149 000.00 | 159 837.42 | 0.01 |
| USD	AMERICA, UNITED STATES OF 1.50000% 15-31.01.22 | 5 000.00 | 5 047.85 | 0.00 |
| USD	AMERICA, UNITED STATES OF 1.37500% 16-30.06.23 | 100 000.00 | 102 515.62 | 0.00 |
| USD	AMERICA, UNITED STATES OF 1.12500% 16-30.09.21 | 60 000.00 | 60 216.57 | 0.00 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 1 005 000.00 | 1 075 585.56 | 0.06 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 5 000.00 | 5 155.47 | 0.00 |
| USD	AMERICA, UNITED STATES OF 2.37500% 17-15.05.27 | 100 000.00 | 107 714.84 | 0.01 |
| USD	AMERICA, UNITED STATES OF 1.75000% 17-31.05.22 | 57 000.00 | 57 955.20 | 0.00 |
| USD	AMERICA, UNITED STATES OF 0.62500% 20-15.05.30 | 1 221 000.00 | 1 127 660.28 | 0.06 |
| USD	AMERICA, UNITED STATES OF 1.12500% 21-15.02.31 | 11 850 000.00 | 11 344 523.44 | 0.59 |
| Total USD |  | 14 432 720.61 | 0.75 |
| Total Treasury-Notes, fester Zins |  | 14 432 720.61 | 0.75 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 3 666 000.00 | 8 361 458.40 | 0.43 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 5 671 000.00 | 9 366 790.74 | 0.49 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 7 583 000.00 | 9 495 717.91 | 0.49 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 6 351 000.00 | 7 786 634.12 | 0.40 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 6 346 000.00 | 7 742 055.30 | 0.40 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 7 198 000.00 | 8 932 630.67 | 0.46 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 7 058 000.00 | 8 600 404.28 | 0.45 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.01.30 | 8 252 000.00 | 9 344 443.92 | 0.49 |
| Total USD |  | 69 630 135.34 | 3.61 |
| Total Treasury-Notes, variabler Zins | 69 630 135.34 | 3.61 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 651 681 641.45 | 33.75 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Treasury-Bills, Nullcoupon |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 10.09.20-09.09.21	9 100 000.00 | 9 099 684.05 | 0.47 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 08.10.20-07.10.21	7 000 000.00 | 6 999 595.54 | 0.36 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 05.11.20-04.11.21	1 300 000.00 | 1 299 887.33 | 0.07 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 03.12.20-03.06.21	1 300 000.00 | 1 299 999.64 | 0.07 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 28.01.21-29.07.21	4 250 000.00 | 4 249 931.53 | 0.22 |
| Total USD | 22 949 098.09 | 1.19 |
| Total Treasury-Bills, Nullcoupon | 22 949 098.09 | 1.19 |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	FANNIE MAE 2.12500% 16-24.04.26	2 500 000.00 | 2 659 692.17 | 0.14 |
| USD	NATIONAL AUSTRALIA BANK LTD NEW YORK 2.87500% 18-12.04.23	500 000.00 | 523 523.70 | 0.03 |
| USD	NATIONAL AUSTRALIA BANK LTD-144A 3.50000% 17-10.01.27	1 500 000.00 | 1 670 523.15 | 0.08 |
| USD	PROCTER & GAMBLE CO 2.30000% 12-06.02.22	725 000.00 | 735 783.69 | 0.04 |
| Total USD | 5 589 522.71 | 0.29 |
| Total Notes, fester Zins | 5 589 522.71 | 0.29 |
| Medium-Term Notes, fester Zins |  |  |
| USD |  |  |
| USD	GOLDMAN SACHS GROUP INC/THE 3.85000% 14-08.07.24	1 022 000.00 | 1 112 339.86 | 0.06 |
| Total USD | 1 112 339.86 | 0.06 |
| Total Medium-Term Notes, fester Zins | 1 112 339.86 | 0.06 |
| Medium-Term Notes, Nullcoupon |  |  |
| USD |  |  |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.00000% 00-01.05.30	1 908 000.00 | 1 585 807.41 | 0.08 |
| Total USD | 1 585 807.41 | 0.08 |
| Total Medium-Term Notes, Nullcoupon | 1 585 807.41 | 0.08 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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, fester Zins |  |  |  |
| USD |  |  |  |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 1.62500% 19-17.10.22 | 1 000 000.00 | 1 019 644.40 | 0.05 |
| USD	HSBC BANK CANADA-REG-S 1.65000% 19-10.09.22 | 750 000.00 | 763 624.80 | 0.04 |
| Total USD |  | 1 783 269.20 | 0.09 |
| Total Anleihen, fester Zins |  | 1 783 269.20 | 0.09 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22 | 6 205 000.00 | 7 447 302.67 | 0.39 |
| Total USD |  | 7 447 302.67 | 0.39 |
| Total Treasury-Notes, variabler Zins |  | 7 447 302.67 | 0.39 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  | 40 467 339.94 | 2.10 |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Anrechte
Niederlande
| EUR | KONINKLIJKE DSM NV (STOCK DIVIDEND) RIGHTS 04.06.21 | 12 076.00 | 12 384.53 | 0.00 |
| --- | --- | --- | --- | --- |
| EUR | NN GROUP NV (STOCK DIVIDEND) 09.06.21 | 3 825.00 | 6 779.97 | 0.01 |
| Total Niederlande |  | 19 164.50 | 0.01 |
| Total Anrechte |  | 19 164.50 | 0.01 |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.95000% 18-11.01.25 | 1 550 000.00 | 1 665 357.73 | 0.09 |
| USD	US BANK NA/CINCINNATI OH 2.65000% 19-23.05.22 | 1 400 000.00 | 1 431 188.15 | 0.07 |
| Total USD |  | 3 096 545.88 | 0.16 |
| Total Notes, fester Zins |  | 3 096 545.88 | 0.16 |
| Medium-Term Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	NATIONAL BANK OF CANADA 0.550%/VAR 20-15.11.24 | 796 000.00 | 794 337.85 | 0.04 |
| Total USD |  | 794 337.85 | 0.04 |
| Total Medium-Term Notes, variabler Zins |  | 794 337.85 | 0.04 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	HSBC BANK CANADA-REG-S 3.30000% 18-28.11.21 | 1 350 000.00 | 1 370 260.07 | 0.07 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.75000% 17-22.06.24 | 950 000.00 | 1 012 276.93 | 0.05 |
| Total USD |  | 2 382 537.00 | 0.12 |
| Total Anleihen, fester Zins |  | 2 382 537.00 | 0.12 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | 6 292 585.23 | 0.33 |
| Neuemittierte Wertpapiere und Geldmarktinstrumente |  |  |  |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	NESTLE HOLDINGS INC-144A 1.00000% 20-15.09.27 | 1 600 000.00 | 1 557 155.84 | 0.08 |
| Total USD |  | 1 557 155.84 | 0.08 |
| Total Notes, fester Zins |  | 1 557 155.84 | 0.08 |
| Total Neuemittierte Wertpapiere und Geldmarktinstrumente |  | 1 557 155.84 | 0.08 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
| Irland |  |
| --- | --- |
| USD | MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP | 241 045.63 | 33 905 478.46 | 1.76 |
| USD | SOURCE MARKETS PLC - MSCI USA SOURCE ETF-A | 620 719.00 | 73 055 522.71 | 3.78 |
| USD | UBS (IRL) ETF PLC-MSCI USA UCITS-ACC-A-USD-ETF | 3 240 001.00 | 76 480 223.61 | 3.96 |
| USD | UBS IRL FND SOLUTIONS PLC-MSCI USA SF INDEX-SHS-A-USD-ACC | 1 158 622.00 | 141 216 441.09 | 7.32 |
| USD | UBS(IRL)FUND SOLUTION PLC-MSCI USA SF UCITS SHS-A-ETF-ACC | 1 293 802.00 | 151 814 726.68 | 7.86 |
| Total Irland |  | 476 472 392.55 | 24.68 |
| Luxemburg |  |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 4 356.98 | 54 032 439.05 | 2.80 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP | 192 531.70 | 25 810 799.70 | 1.34 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP | 1 303 463.33 | 18 222 417.38 | 0.94 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC | 367 304.00 | 46 026 864.24 | 2.38 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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 | UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC | 197 084.00 | 69 314 442.80 | 3.59 |
| USD | UBS (LUX) BOND SICAV USD - INVEST GRADE CORP USD F ACC | 2 464.69 | 288 081 347.90 | 14.92 |
| USD | UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC | 488 431.00 | 61 732 794.09 | 3.20 |
| USD | UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 43 459.00 | 92 931 421.83 | 4.81 |
| USD | UBS (LUX) MONEY MARKET FUND - USD U-X-ACC | 1.00 | 11 227.66 | 0.00 |
| Total Luxemburg | 656 163 754.65 | 33.98 |
| Total Investment Fonds, open end | 1 132 636 147.20 | 58.66 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 1 132 636 147.20 | 58.66 |
| Total des Wertpapierbestandes | 1 832 634 869.66 | 94.92 |

| Derivative Instrumente |  |
| --- | --- |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |
| Finanzterminkontrakte auf Anleihen |
|  |  |  |  |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.21 | -395.00 | -28 609.38 | 0.00 |
| USD	US LONG BOND FUTURE 21.09.21 | -24.00 | -2 812.49 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.21 | -453.00 | -40 500.00 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.21 | -315.00 | -21 461.09 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.21 | -794.00 | -74 437.50 | -0.01 |
| Total Finanzterminkontrakte auf Anleihen |  | -167 820.46 | -0.01 |
| Finanzterminkontrakte auf Indizes |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 18.06.21 | 354.00 | 916 584.03 | 0.05 |
| CHF	SWISS MARKET INDEX FUTURE 18.06.21 | 39.00 | 250 936.79 | 0.01 |
| GBP	FTSE 100 INDEX FUTURE 18.06.21 | 75.00 | 283 120.16 | 0.01 |
| SEK	OMX 30 INDEX FUTURE 18.06.21 | 80.00 | 964.76 | 0.00 |
| USD	S&P500 EMINI FUTURE 18.06.21 | 831.00 | 9 531 525.00 | 0.49 |
| JPY	TOPIX INDX FUTURE 10.06.21 | 68.00 | 289 958.41 | 0.02 |
| AUD	SPI 200 INDEX FUTURES 17.06.21 | 23.00 | 171 200.51 | 0.01 |
| HKD	HANG SENG INDEX FUTURE 29.06.21 | 11.00 | 10 442.84 | 0.00 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 18.06.21 | 1 999.00 | 1 465 515.00 | 0.08 |
| CAD	S&P/TSX 60 INDEX FUTURE 17.06.21 | 29.00 | 308 934.69 | 0.02 |
| Total Finanzterminkontrakte auf Indizes |  | 13 229 182.19 | 0.69 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden |  | 13 061 361.73 | 0.68 |
| Total Derivative Instrumente |  | 13 061 361.73 | 0.68 |
| Devisenterminkontrakte |  |  |  |
| Gekaufte Währung/ Gekaufter Betrag/Verkaufte Währung/Verkaufter Betrag/Fälligkeitsdatum |  |  |  |

| USD | 2 646 621.21 | DKK | 16 500 000.00 | 4.6.2021 | -65 920.85 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 13 682 832.74 | CAD | 17 050 000.00 | 4.6.2021 | -430 198.43 | -0.02 |
| USD | 394 979.75 | NZD | 550 000.00 | 4.6.2021 | -5 419.33 | 0.00 |
| USD | 1 262 652.52 | SGD | 1 700 000.00 | 4.6.2021 | -24 295.18 | 0.00 |
| USD | 3 670 022.48 | HKD | 28 500 000.00 | 4.6.2021 | -2 051.44 | 0.00 |
| USD | 34 311 746.46 | JPY | 3 739 500 000.00 | 4.6.2021 | 128 017.20 | 0.01 |
| USD | 3 588 020.86 | SEK | 30 500 000.00 | 4.6.2021 | -90 170.74 | 0.00 |
| USD | 707 665.50 | NOK | 6 000 000.00 | 4.6.2021 | -13 555.67 | 0.00 |
| USD | 8 578 295.77 | AUD | 11 090 000.00 | 4.6.2021 | -5 955.70 | 0.00 |
| USD | 25 185 060.87 | GBP | 18 110 000.00 | 4.6.2021 | -558 334.32 | -0.03 |
| USD | 83 001 178.81 | EUR | 69 570 461.98 | 4.6.2021 | -2 061 001.54 | -0.11 |
| USD | 14 085 894.73 | CHF | 13 010 000.00 | 4.6.2021 | -380 510.63 | -0.02 |
| CAD | 1 500 000.00 | USD | 1 193 771.38 | 4.6.2021 | 47 844.27 | 0.00 |
| JPY | 150 000 000.00 | USD | 1 382 716.60 | 4.6.2021 | -11 528.10 | 0.00 |
| EUR | 700 000.00 | USD | 833 861.70 | 4.6.2021 | 22 011.96 | 0.00 |
| GBP | 700 000.00 | USD | 965 828.50 | 4.6.2021 | 29 222.67 | 0.00 |
| USD | 1 871 585.35 | CAD | 2 350 000.00 | 4.6.2021 | -73 612.49 | 0.00 |
| USD | 2 503 350.99 | EUR | 2 100 000.00 | 4.6.2021 | -64 270.00 | 0.00 |
| CAD | 1 000 000.00 | USD | 801 031.09 | 4.6.2021 | 26 712.67 | 0.00 |
| EUR | 700 000.00 | USD | 843 180.10 | 4.6.2021 | 12 693.56 | 0.00 |
| GBP | 700 000.00 | USD | 970 365.90 | 4.6.2021 | 24 685.27 | 0.00 |
| USD | 1 083 549.60 | EUR | 900 000.00 | 4.6.2021 | -16 859.40 | 0.00 |
| USD | 3 026 121.09 | HKD | 23 500 000.00 | 14.7.2021 | -1 999.95 | 0.00 |
| USD | 13 788 665.34 | CAD | 16 700 000.00 | 14.7.2021 | -33 785.73 | 0.00 |
| USD | 23 326 715.45 | JPY | 2 541 500 000.00 | 14.7.2021 | 86 951.66 | 0.00 |
| USD | 9 654 765.75 | GBP | 6 865 000.00 | 14.7.2021 | -104 283.50 | -0.01 |
| USD | 8 478 911.52 | AUD | 10 800 000.00 | 14.7.2021 | 117 628.23 | 0.01 |
| USD | 1 281 059.09 | SGD | 1 700 000.00 | 14.7.2021 | -5 736.99 | 0.00 |
| USD | 3 662 211.54 | SEK | 30 500 000.00 | 14.7.2021 | -17 208.01 | 0.00 |
| USD | 2 696 943.48 | DKK | 16 500 000.00 | 14.7.2021 | -17 357.77 | 0.00 |
| USD | 400 002.90 | NZD | 550 000.00 | 14.7.2021 | -358.06 | 0.00 |
| USD | 731 739.53 | NOK | 6 000 000.00 | 14.7.2021 | 10 464.40 | 0.00 |
| USD | 7 371 992.87 | CHF | 6 635 000.00 | 14.7.2021 | -13 449.03 | 0.00 |
| USD | 46 948 908.61 | EUR | 38 615 000.00 | 14.7.2021 | -301 889.88 | -0.02 |
| USD | 414 898.35 | ILS | 1 350 000.00 | 4.6.2021 | -680.84 | 0.00 |
| USD | 415 067.76 | ILS | 1 350 000.00 | 14.7.2021 | -646.83 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (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
| SGD | 66 139 200.00 | USD | 49 698 006.19 | 28.6.2021 | 367 755.28 | 0.02 |
| --- | --- | --- | --- | --- | --- | --- |
| SGD | 186 600.00 | USD | 140 412.68 | 28.6.2021 | 838.97 | 0.00 |
| AUD | 60 814 700.00 | USD | 47 224 323.44 | 28.6.2021 | -145 443.24 | -0.01 |
| GBP | 49 895 600.00 | USD | 70 755 897.56 | 28.6.2021 | 173 040.60 | 0.01 |
| CAD | 46 069 700.00 | USD | 38 247 389.75 | 28.6.2021 | -114 942.14 | -0.01 |
| SEK | 86 629 300.00 | USD | 10 497 130.45 | 28.6.2021 | -47 930.64 | 0.00 |
| EUR | 250 310 200.00 | USD | 307 063 281.96 | 28.6.2021 | -879 721.72 | -0.05 |
| CHF | 265 025 400.00 | USD | 296 920 445.83 | 28.6.2021 | -2 054 910.32 | -0.11 |
| AUD | 170 000.00 | USD | 131 474.60 | 1.6.2021 | 113.90 | 0.00 |
| EUR | 805 100.00 | USD | 981 513.51 | 1.6.2021 | 2 842.01 | 0.00 |
| USD | 981 998.99 | EUR | 805 100.00 | 28.6.2021 | -2 812.59 | 0.00 |
| USD | 131 487.06 | AUD | 170 000.00 | 28.6.2021 | -116.15 | 0.00 |
| SGD | 347 300.00 | USD | 262 628.30 | 28.6.2021 | 269.33 | 0.00 |
| SGD | 1 633 900.00 | USD | 1 236 308.22 | 28.6.2021 | 514.23 | 0.00 |
| USD | 826 249.25 | CHF | 742 000.00 | 28.6.2021 | 704.88 | 0.00 |
| Total Devisenterminkontrakte | -6 494 646.12 | -0.34 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 93 048 982.76 | 4.82 |
| Kontokorrentkredit und andere kurzfristige Verbindlichkeiten | -589.19 | 0.00 |
| Andere Aktiva und Passiva | -1 458 900.93 | -0.08 |
| Total des Nettovermögens | 1 930 791 077.91 | 100.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021