# Unaudited Information
## Concentration Data
Ten largest collateral issuers of SFTs per subfund:
|  | UBS (Lux) Bond SICAV | UBS (Lux) Bond SICAV | UBS (Lux) Bond SICAV | UBS (Lux) Bond SICAV | UBS (Lux) Bond SICAV – Asian High Yield |
| --- | --- | --- | --- | --- | --- |
| – 2023 (USD) | – 2024 (USD) | – 2025 I (EUR) | – 2025 I (USD) | (USD) |
| United Kingdom | 30 997 660.40 | 16 856 302.16 | 16 167 143.69 | 3 977 699.13 | 84 370 233.97 |
| United States | 16 365 565.85 | 8 899 475.62 | 8 535 626.60 | 2 100 071.30 | 44 544 220.50 |
| Japan Government Ten | 12 396 217.94 | 6 740 973.11 | 6 465 373.00 | 1 590 714.42 | 33 740 346.68 |
| Federal Republic of Germany | 5 447 266.13 | 2 962 183.68 | 2 841 076.81 | 699 007.13 | 14 826 509.87 |
| Amazon.Com Inc | 3 832 790.55 | 2 084 243.61 | 1 999 030.73 | 491 833.49 | 10 432 188.48 |
| Microsoft Corp | 3 499 914.47 | 1 903 228.02 | 1 825 415.83 | 449 117.98 | 9 526 157.74 |
| French Republic | 3 111 028.81 | 1 691 754.83 | 1 622 588.58 | 399 215.18 | 8 467 678.70 |
| Netherlands Government Bond | 2 761 572.29 | 1 501 722.91 | 1 440 325.99 | 354 372.03 | 7 516 518.89 |
| Anheuser-Busch Inbev SA/NV | 2 742 613.19 | 1 491 413.10 | 1 430 437.69 | 351 939.15 | 7 464 915.54 |
| European Investment Bank | 2 729 706.37 | 1 484 394.46 | 1 423 706.00 | 350 282.91 | 7 429 785.42 |

|  | UBS (Lux) Bond SICAV – Asian Investment Grade Bonds (USD) | UBS (Lux) Bond SICAV – Emerging Economies Corporates (USD) | UBS (Lux) Bond SICAV – Emerging Economies Local Currency Bond (USD) | UBS (Lux) Bond SICAV – Emerging Markets Bonds 2021 (USD) | UBS (Lux) Bond SICAV – EUR Corporates Sustainable (EUR)* |
| --- | --- | --- | --- | --- | --- |
| United Kingdom | 2 533 941.85 | 30 950 611.50 | 1 016 476.33 | 1 840 277.81 | 40 165 969.78 |
| United States | 1 337 823.30 | 16 340 725.85 | 536 660.19 | 971 595.51 | 21 206 078.62 |
| Japan Government Ten | 1 013 344.07 | 12 377 402.70 | 406 497.20 | 735 942.15 | 16 062 699.86 |
| Federal Republic of Germany | 445 293.47 | 5 438 998.16 | 178 626.93 | 323 394.82 | 7 058 427.12 |
| Amazon.Com Inc | 313 316.17 | 3 826 973.06 | 125 685.00 | 227 546.19 | 4 966 431.26 |
| Microsoft Corp | 286 104.81 | 3 494 602.22 | 114 769.31 | 207 783.90 | 4 535 099.00 |
| French Republic | 254 314.87 | 3 106 306.83 | 102 016.96 | 184 696.43 | 4 031 190.99 |
| Netherlands Government Bond | 225 748.12 | 2 757 380.72 | 90 557.57 | 163 949.80 | 3 578 374.23 |
| Anheuser-Busch Inbev SA/NV | 224 198.29 | 2 738 450.40 | 89 935.86 | 162 824.23 | 3 553 807.52 |
| European Investment Bank | 223 143.20 | 2 725 563.17 | 89 512.62 | 162 057.97 | 3 537 083.19 |

|  | UBS (Lux) Bond SICAV – Floating Rate Income | UBS (Lux) Bond SICAV – Global Corporates | UBS (Lux) Bond SICAV | UBS (Lux) Bond SICAV – Global Inflation-linked | UBS (Lux) Bond SICAV – Global Short Term |
| --- | --- | --- | --- | --- | --- |
| (USD) | (USD) | – Global Dynamic (USD) | (USD) | Flexible (USD) |
| United Kingdom | 2 408 169.40 | 15 867 133.58 | 58 370 555.82 | 10 637 853.61 | 11 292 462.11 |
| United States | 1 271 420.31 | 8 377 232.87 | 30 817 395.98 | 5 616 375.28 | 5 961 983.25 |
| Japan Government Ten | 963 046.64 | 6 345 396.51 | 23 342 862.72 | 4 254 164.67 | 4 515 947.96 |
| Federal Republic of Germany | 423 191.28 | 2 788 355.58 | 10 257 546.78 | 1 869 406.24 | 1 984 441.59 |
| Amazon.Com Inc | 297 764.70 | 1 961 935.16 | 7 217 387.12 | 1 315 346.52 | 1 396 287.38 |
| Microsoft Corp | 271 903.97 | 1 791 542.00 | 6 590 560.39 | 1 201 109.29 | 1 275 020.47 |
| French Republic | 241 691.93 | 1 592 478.57 | 5 858 264.10 | 1 067 650.55 | 1 133 349.24 |
| Netherlands Government Bond | 214 543.09 | 1 413 598.18 | 5 200 215.35 | 947 723.19 | 1 006 042.07 |
| Anheuser-Busch Inbev SA/NV | 213 070.18 | 1 403 893.37 | 5 164 514.18 | 941 216.77 | 999 135.26 |
| European Investment Bank | 212 067.47 | 1 397 286.60 | 5 140 209.81 | 936 787.37 | 994 433.30 |

|  | UBS (Lux) Bond SICAV | UBS (Lux) Bond SICAV – Short Duration High | UBS (Lux) Bond SICAV – Short Term EUR | UBS (Lux) Bond SICAV – Short Term USD | UBS (Lux) Bond SICAV |
| --- | --- | --- | --- | --- | --- |
| – Multi Income (USD) | Yield Sustainable (USD) | Corporates (EUR) | Corporates (USD) | – USD Corporates (USD) |
| United Kingdom | 244 317.10 | 5 246 201.08 | 12 270 879.39 | 7 458 345.68 | 4 906 445.23 |
| United States | 128 989.98 | 2 769 791.27 | 6 478 549.74 | 3 937 718.07 | 2 590 413.33 |
| Japan Government Ten | 97 704.41 | 2 097 998.72 | 4 907 225.04 | 2 982 653.44 | 1 962 127.58 |
| Federal Republic of Germany | 42 934.22 | 921 922.92 | 2 156 380.35 | 1 310 666.46 | 862 217.10 |
| Amazon.Com Inc | 30 209.26 | 648 680.89 | 1 517 266.46 | 922 207.56 | 606 670.85 |
| Microsoft Corp | 27 585.60 | 592 343.25 | 1 385 492.57 | 842 114.26 | 553 981.77 |
| French Republic | 24 520.48 | 526 526.28 | 1 231 546.47 | 748 544.50 | 492 427.24 |
| Netherlands Government Bond | 21 766.14 | 467 382.48 | 1 093 208.97 | 664 461.78 | 437 113.74 |
| Anheuser-Busch Inbev SA/NV | 21 616.71 | 464 173.75 | 1 085 703.74 | 659 900.04 | 434 112.81 |
| European Investment Bank | 21 514.98 | 461 989.33 | 1 080 594.38 | 656 794.53 | 432 069.86 |
| * formerly UBS (Lux) Bond SICAV – EUR Corporates (EUR) |  |  |  |  |  |

UBS (Lux) Bond SICAV
Annual report and audited financial statements as of 31 May 2021

Translation (ENDE, 2021-05-31):
# Ungeprüfle Informationen
- 
## Gesamtengagement

Risikomanagement
Das Risikomanagement gemäss Commitment-Ansatz und Value-at-Risk-Ansatz erfolgt entsprechend den geltenden Gesetzen und aufsichtsbehördlichen Bestimmungen.
Hebelwirkung
Die Hebelwirkung wird gemäss den geltenden ESMA-Richtlinien als Gesamtbetrag der Nominalwerte der Derivative definiert, die vom jeweiligen Subfonds verwendet werden. Gemäss dieser Definition kann die Hebelwirkung zu einer künstlich erhöhten Fremdkapitalquote führen, da bestimmte Derivate, die zu Absicherungszwecken eingesetzt werden können, unter Umständen in die Berechnung einfliessen. Daher spiegeln diese Informationen nicht notwen- digerweise das genaue tatsächliche Risiko der Hebelwirkung wider, dem der Anleger ausgesetzt ist.
| UBS (Lux) Bond SICAV | Berechnungs- methode für das globale Risiko | Verwendetes Modell | Min VaR (%) Auslastung | Max VaR (%) Auslastung | Avg VaR (%) Auslastung | Durchschnitt- licher Hebel 31.5.2021 (%) | Bezugs- portfolio (Benchmark) |
| --- | --- | --- | --- | --- | --- | --- | --- |
| – 2023 (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – 2024 (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – 2025 I (EUR) | Commitment-Ansatz |  |  |  |  |  |  |
| – 2025 I (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – Asian High Yield (USD) | Relativer Value-at-Risk | Historischer VaR | 37.4% | 55.2% | 46.6% | 25.3% | JP Morgan |
|  | Ansatz |  |  |  |  |  | Asian Credit |
|  |  |  |  |  |  |  | Non-Investment |
|  |  |  |  |  |  |  | Grade Index USD |
| – Asian Investment Grade Bonds (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – China Fixed Income (RMB) | Commitment-Ansatz |  |  |  |  |  |  |
| – Convert Global (EUR) | Commitment-Ansatz |  |  |  |  |  |  |
| – Emerging Economies |  |  |  |  |  |  |  |
| Corporates (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – Emerging Economies | Relativer Value-at-Risk | Historischer VaR | 45.5% | 56.5% | 52.0% | 62.2% | JP Morgan |
| Local Currency Bond (USD) | Ansatz |  |  |  |  |  | GBI-EM Global |
|  |  |  |  |  |  |  | Diversified USD |
|  |  |  |  |  |  |  | Index |
| – Emerging Markets Bonds 2021 (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – EUR Corporates Sustainable (EUR)* | Commitment-Ansatz |  |  |  |  |  |  |
| – Fixed Maturity Series 1 (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – Floating Rate Income (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – Global Corporates (USD) | Commitment-Ansatz |  |  |  |  |  |  |
| – Global Dynamic (USD) | Absoluter Value-at-Risk | Historischer VaR | 48.5% | 69.8% | 62.6% | 257.1% | n/a |
|  | Ansatz |  |  |  |  |  |  |
| – Global Inflation-linked (USD) | Relativer Value-at-Risk | Historischer VaR | 34.5% | 47.6% | 42.6% | 183.0% | Bloomberg |
|  | Ansatz |  |  |  |  |  | Barclays Global |
|  |  |  |  |  |  |  | inflation linked |
|  |  |  |  |  |  |  | 1-10 years |
|  |  |  |  |  |  |  | (hedged USD) |
| – Global Short Term Flexible (USD) | Absoluter Value-at-Risk | Historischer VaR | 24.1% | 55.2% | 46.4% | 153.6% | n/a |
|  | Ansatz |  |  |  |  |  |  |
| – Multi Income (USD) | Relativer Value-at-Risk | Historischer VaR | 14.7% | 43.3% | 32.0% | 33.0% | Composite |
|  | Ansatz |  |  |  |  |  | Benchmark |
|  |  |  |  |  |  |  | bestehend aus |
|  |  |  |  |  |  |  | 50% BB Barclays |
|  |  |  |  |  |  |  | US Intermediate |
|  |  |  |  |  |  |  | Corporate |
|  |  |  |  |  |  |  | USD Index/ 25% |
|  |  |  |  |  |  |  | BB Barclays US |
|  |  |  |  |  |  |  | Corporate High |
|  |  |  |  |  |  |  | Yield Index / 25% |
|  |  |  |  |  |  |  | BB Barclays |
|  |  |  |  |  |  |  | Global Emerging |
|  |  |  |  |  |  |  | Market Hard |
|  |  |  |  |  |  |  | Currency Index |

* ehemals UBS (Lux) Bond SICAV – EUR Corporates (EUR)
UBS (Lux) Bond SICAV
Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021