# UBS (Lux) Strategy SICAV – Dynamic Income (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 31.5.2020 | 31.5.2019 |
| Net assets in USD |  | 488 867 866.14 | 326 403 802.47 |
| Class K-1-acc 1 | LU1917361336 |  |  |
| Shares outstanding |  | 1.1000 | 1.0000 |
| Net asset value per share in USD |  | 5 054 883.10 | 5 070 085.37 |
| Issue and redemption price per share in USD 2 |  | 5 027 081.24 | 5 082 760.58 |
| Class K-1-mdist 1 | LU1917361419 |  |  |
| Shares outstanding |  | 8.4000 | 6.7000 |
| Net asset value per share in USD |  | 4 721 355.81 | 4 999 378.87 |
| Issue and redemption price per share in USD 2 |  | 4 695 388.35 | 5 011 877.32 |
| Class (HKD) K-1-mdist 1 | LU1917362060 |  |  |
| Shares outstanding |  | 2.1000 | 3.3000 |
| Net asset value per share in HKD |  | 37 310 016.06 | 39 966 476.64 |
| Issue and redemption price per share in HKD 2 |  | 37 104 810.97 | 40 066 392.83 |
| Class P-acc 1 | LU1917362490 |  |  |
| Shares outstanding |  | 626 008.1500 | 369 590.5000 |
| Net asset value per share in USD |  | 100.50 | 101.24 |
| Issue and redemption price per share in USD 2 |  | 99.95 | 101.49 |
| Class P-mdist 1 | LU1917361179 |  |  |
| Shares outstanding |  | 2 316 940.9420 | 1 276 793.6250 |
| Net asset value per share in USD |  | 93.87 | 99.84 |
| Issue and redemption price per share in USD 2 |  | 93.35 | 100.09 |
| Class (HKD) P-mdist 1 | LU1917361765 |  |  |
| Shares outstanding |  | 165 242.2560 | 148 837.1680 |
| Net asset value per share in HKD |  | 927.40 | 997.69 |
| Issue and redemption price per share in HKD 2 |  | 922.30 | 1 000.18 |
| Class (SGD hedged) P-mdist 1 | LU1919997111 |  |  |
| Shares outstanding |  | 519 138.8820 | 390 403.7810 |
| Net asset value per share in SGD |  | 93.58 | 99.75 |
| Issue and redemption price per share in SGD 2 |  | 93.07 | 100.00 |
| Class Q-acc 1 | LU1917360957 |  |  |
| Shares outstanding |  | 187 715.0980 | 97 594.6280 |
| Net asset value per share in USD |  | 101.51 | 101.50 |
| Issue and redemption price per share in USD 2 |  | 100.95 | 101.75 |
| Class (HKD) Q-acc 1 | LU1917361682 |  |  |
| Shares outstanding |  | 3 388.9480 | 6 366.9850 |
| Net asset value per share in HKD |  | 1 002.92 | 1 014.35 |
| Issue and redemption price per share in HKD 2 |  | 997.40 | 1 016.89 |
| Class Q-mdist 1 | LU1917361252 |  |  |
| Shares outstanding |  | 517 151.8050 | 295 734.1980 |
| Net asset value per share in USD |  | 94.85 | 100.09 |
| Issue and redemption price per share in USD 2 |  | 94.33 | 100.34 |
| Class (HKD) Q-mdist 1 | LU1917361849 |  |  |
| Shares outstanding |  | 25 002.5080 | 28 422.9780 |
| Net asset value per share in HKD |  | 936.71 | 1 000.21 |
| Issue and redemption price per share in HKD 2 |  | 931.56 | 1 002.71 |
| Class (SGD hedged) Q-mdist 1 | LU1919997202 |  |  |
| Shares outstanding |  | 410 105.9040 | 205 589.7020 |
| Net asset value per share in SGD |  | 94.54 | 100.01 |
| Issue and redemption price per share in SGD 2 |  | 94.02 | 100.26 |
| 1  First NAV: 29.1.2019 2  See note 1 |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
| Performance |  |
| --- | --- |
|  | Currency | 2019/2020 | 2019 |
| Class K-1-acc | USD | -1.1% | - |
| Class K-1-mdist | USD | -1.1% | - |
| Class (HKD) K-1-mdist | HKD | -2.2% | - |
| Class P-acc | USD | -1.5% | - |
| Class P-mdist | USD | -1.5% | - |
| Class (HKD) P-mdist | HKD | -2.7% | - |
| Class (SGD hedged) P-mdist | SGD | -2.3% | - |
| Class Q-acc | USD | -0.8% | - |
| Class (HKD) Q-acc | HKD | -1.9% | - |
| Class Q-mdist | USD | -0.8% | - |
| Class (HKD) Q-mdist | HKD | -1.9% | - |
| Class (SGD hedged) Q-mdist | SGD | -1.5% | - |

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.

## Report of the Portfolio Manager
The financial year from 1 June 2019 to 31 May 2020 was characterized by two key themes: initially the tumults of Sino-American trade negotiations, with a bleed into economic sentiment and continued weaker macro data before signs of a nascent resolution in December. The turn of the year then brought into focus the emergence and spread of the Covid-19 virus outbreak, and the sharp drop in activity caused by strict containment measures put in place to inhibit its spread. Sentiment capitulated as investors began to appreciate the likely duration and severity of virus countermeasures and ramifications for corporate earnings and global economic growth. Central banks became increasingly dovish as the quar- ter progressed with significant (and in some instances) unprecedented fiscal and monetary stimulus enacted to stem the damage.
Over the financial year the subfund delivered a negative performance. Previous gains were eroded by the sharp sell-off in risk assets through February and March as a result of the near-stop in economic activity associated with constraining the spread of Covid-19. Equities followed by lower grade credit were the worst affected assets within the portfolio, nevertheless the subfund delivered income in line with its objective.
Since year-end we have seen the development of the coronavirus Covid-19 outbreak initially in China and now reaching most continents. At present it is not possible to assess the detailed impact of the emerging risk on the companies in our portfolio but there is growing concern about the impact on the world economy. There has been a significant correction in the financial markets in the last few weeks. The Board and the Manager continue to watch the efforts of governments to contain the spread of the virus and monitor the economic impact, if any, on the companies in our portfolio.

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
Luxembourg	33.21
| United States | 29.38 |
| --- | --- |
| Ireland | 21.22 |
| Japan | 3.65 |
| France | 2.22 |
| Australia | 1.94 |
| Germany | 1.89 |
| United Kingdom | 1.64 |
| Spain | 1.23 |
| The Netherlands | 0.85 |
| Italy | 0.59 |
| Finland | 0.17 |
| Belgium | 0.13 |
| Austria | 0.11 |
| Portugal | 0.08 |
| Canada | 0.03 |
| Bermuda | 0.03 |
| Argentina | 0.02 |
| Jersey | 0.01 |
| Total | 98.40 |

Economic Breakdown as a % of net assets	
Investment funds	53.57
| Internet, software & IT services | 5.53 |
| --- | --- |
| Countries & central governments | 4.80 |
| Finance & holding companies | 3.17 |
| Pharmaceuticals, cosmetics & medical products | 2.93 |
| Retail trade, department stores | 2.64 |
| Computer hardware & network equipment providers | 2.50 |
| Banks & credit institutions | 2.46 |
| Energy & water supply | 1.87 |
| Telecommunications | 1.87 |
| Electronics & semiconductors | 1.85 |
| Building industry & materials | 1.21 |
| Biotechnology | 1.20 |
| Food & soft drinks | 1.11 |
| Mechanical engineering & industrial equipment | 1.09 |
| Real Estate | 1.09 |
| Traffic & transportation | 0.91 |
| Petroleum | 0.91 |
| Insurance | 0.81 |
| Miscellaneous consumer goods | 0.64 |
| Tobacco & alcohol | 0.60 |
| Lodging, catering & leisure | 0.58 |
| Chemicals | 0.52 |
| Vehicles | 0.51 |
| Miscellaneous services | 0.46 |
| Aerospace industry | 0.42 |
| Miscellaneous trading companies | 0.37 |
| Textiles, garments & leather goods | 0.37 |
| Mining, coal & steel | 0.33 |
| Healthcare & social services | 0.32 |
| Non-ferrous metals | 0.29 |
| Graphic design, publishing & media | 0.26 |
| Electrical devices & components | 0.25 |
| Precious metals & stones | 0.21 |
| Forestry, paper & pulp products | 0.21 |
| Photographic & optics | 0.20 |
| Various capital goods | 0.09 |
| Miscellaneous unclassified companies | 0.07 |
| Agriculture & fishery | 0.05 |
| Environmental services & recycling | 0.05 |
| Rubber & tyres | 0.04 |
| Packaging industry | 0.04 |
| Total | 98.40 |

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

## Statement of Net Assets
Assets	31.5.2020
USD
Investments in securities, cost	488 667 265.41
Investments in securities, unrealized appreciation (depreciation)	7 600 500.93
Total investments in securities (Note 1)	481 066 764.48
Cash at banks, deposits on demand and deposit accounts	5 898 446.62*
Receivable on securities sales (Note 1)	2 614 965.94
Receivable on subscriptions	1 357 999.99
Interest receivable on securities	3 025.44
Receivable on dividends	421 147.51
Other receivables	78 122.39
Unrealized gain (loss) on forward foreign exchange contracts (Note 1)	-1 244 242.02
Total Assets	490 373 794.28
Liabilities
Unrealized gain (loss) on swaps (Note 1)	177 563.93
Bank overdraft	-229 246.30
Payable on securities purchases (Note 1)	-93 540.04
Payable on redemptions	-902 572.81
Provisions for flat fee (Note 2)	-210 993.31
Provisions for taxe d’abonnement (Note 3)	-26 472.96
Provisions for other commissions and fees (Note 2)		-43 102.72		 Total provisions			-280 568.99
Total Liabilities	-1 505 928.14
Net assets at the end of the financial year	488 867 866.14

## Statement of Operations
Income	1.6.2019-31.5.2020
USD
Interest on liquid assets	50 738.75
Interest on securities	201 655.87
Interest received on swaps (Note 1)	124 107.98
Dividends	3 317 751.76
Income on securities lending (Note 15)	107 272.63
Other income (Note 4)	626 106.99
Total income	4 429 137.97
Expenses
Retrocessions	1 503.99
Cost on securities lending (Note 15)	-42 909.05
Flat fee (Note 2)	-5 191 911.82
Taxe d’abonnement (Note 3)	-149 962.60
Other commissions and fees (Note 2)	-94 687.99
Total expenses	-5 483 827.94
Net income (loss) on investments	-1 054 689.97
Realized gain (loss) (Note 1)
Interest on cash and bank overdraft	-4 356.48
Realized gain (loss) on market-priced securities without options	-13 844 219.96
Realized gain (loss) on options	-382 284.29
Realized gain (loss) on yield-evaluated securities and money market instruments	465 946.93
Realized gain (loss) on financial futures	-13 160.34
Realized gain (loss) on forward foreign exchange contracts	-385 995.90
Realized gain (loss) on swaps	-4 468 215.32
Total realized gain (loss)	-17 408 075.57
Net realized gain (loss) of the financial year	-18 462 765.54
Changes in unrealized appreciation (depreciation) (Note 1)
Realized gain (loss) on foreign exchange	1 219 853.31
Unrealized appreciation (depreciation) on market-priced securities without options	-3 036 066.17
Unrealized appreciation (depreciation) on options	-1 742 527.94
Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments	19 133.52
Unrealized appreciation (depreciation) on forward foreign exchange contracts	-1 851 652.27
Total changes in unrealized appreciation (depreciation)	-6 385 949.48
Net increase (decrease) in net assets as a result of operations	-24 848 715.02
Unrealized appreciation (depreciation) on swaps	225 163.38
* As at 31 May 2020, cash amounts serve as collateral for the counterparty UBS AG for an amount of USD 590 000.
UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-31.5.2020 |
| Net assets at the beginning of the financial year | 326 403 802.47 |
| Subscriptions | 369 732 758.87 |
| Redemptions | 	-162 192 515.08	 |
| Total net subscriptions (redemptions) | 207 540 243.79 |
| Dividend paid | -20 227 465.10 |
| Net income (loss) on investments | -1 054 689.97 |
| Total realized gain (loss) | -17 408 075.57 |
| Total changes in unrealized appreciation (depreciation) | 	-6 385 949.48	 |
| Net increase (decrease) in net assets as a result of operations | -24 848 715.02 |
| Net assets at the end of the financial year | 488 867 866.14 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2019-31.5.2020 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 1.0000 |
| Number of shares issued | 0.4000 |
| Number of shares redeemed | -0.3000 |
| Number of shares outstanding at the end of the financial year | 1.1000 |
| Class | K-1-mdist |
| Number of shares outstanding at the beginning of the financial year | 6.7000 |
| Number of shares issued | 3.8000 |
| Number of shares redeemed | -2.1000 |
| Number of shares outstanding at the end of the financial year | 8.4000 |
| Class | (HKD) K-1-mdist |
| Number of shares outstanding at the beginning of the financial year | 3.3000 |
| Number of shares issued | 0.1000 |
| Number of shares redeemed | -1.3000 |
| Number of shares outstanding at the end of the financial year | 2.1000 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the financial year | 369 590.5000 |
| Number of shares issued | 456 673.8890 |
| Number of shares redeemed | -200 256.2390 |
| Number of shares outstanding at the end of the financial year | 626 008.1500 |
| Class | P-mdist |
| Number of shares outstanding at the beginning of the financial year | 1 276 793.6250 |
| Number of shares issued | 1 682 635.1240 |
| Number of shares redeemed | -642 487.8070 |
| Number of shares outstanding at the end of the financial year | 2 316 940.9420 |
| Class | (HKD) P-mdist |
| Number of shares outstanding at the beginning of the financial year | 148 837.1680 |
| Number of shares issued | 94 927.7040 |
| Number of shares redeemed | -78 522.6160 |
| Number of shares outstanding at the end of the financial year | 165 242.2560 |
| Class | (SGD hedged) P-mdist |
| Number of shares outstanding at the beginning of the financial year | 390 403.7810 |
| Number of shares issued | 250 765.7330 |
| Number of shares redeemed | -122 030.6320 |
| Number of shares outstanding at the end of the financial year | 519 138.8820 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the financial year | 97 594.6280 |
| Number of shares issued | 186 463.2330 |
| Number of shares redeemed | -96 342.7630 |
| Number of shares outstanding at the end of the financial year | 187 715.0980 |
| Class | (HKD) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 6 366.9850 |
| Number of shares issued | 7 563.1360 |
| Number of shares redeemed | -10 541.1730 |
| Number of shares outstanding at the end of the financial year | 3 388.9480 |
| Class | Q-mdist |
| Number of shares outstanding at the beginning of the financial year | 295 734.1980 |
| Number of shares issued | 492 585.8650 |
| Number of shares redeemed | -271 168.2580 |
| Number of shares outstanding at the end of the financial year | 517 151.8050 |
| Class | (HKD) Q-mdist |
| Number of shares outstanding at the beginning of the financial year | 28 422.9780 |
| Number of shares issued | 7 659.9060 |
| Number of shares redeemed | -11 080.3760 |
| Number of shares outstanding at the end of the financial year | 25 002.5080 |
| Class | (SGD hedged) Q-mdist |
| Number of shares outstanding at the beginning of the financial year | 205 589.7020 |
| Number of shares issued | 318 099.9930 |
| Number of shares redeemed | -113 583.7910 |
| Number of shares outstanding at the end of the financial year | 410 105.9040 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
| Monthly Distribution 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| K-1-mdist | 17.6.2019 | 20.6.2019 | USD | 27 039.90 |
| K-1-mdist | 15.7.2019 | 18.7.2019 | USD | 22 541.51 |
| K-1-mdist | 16.8.2019 | 21.8.2019 | USD | 22 551.66 |
| K-1-mdist | 16.9.2019 | 19.9.2019 | USD | 22 560.03 |
| K-1-mdist | 15.10.2019 | 18.10.2019 | USD | 22 567.84 |
| K-1-mdist | 15.11.2019 | 20.11.2019 | USD | 22 574.99 |
| K-1-mdist | 16.12.2019 | 19.12.2019 | USD | 22 081.11 |
| K-1-mdist | 15.1.2020 | 21.1.2020 | USD | 22 592.54 |
| K-1-mdist | 17.2.2020 | 20.2.2020 | USD | 22 601.89 |
| K-1-mdist | 16.3.2020 | 19.3.2020 | USD | 22 607.86 |
| K-1-mdist | 15.4.2020 | 20.4.2020 | USD | 21 109.04 |
| K-1-mdist | 15.5.2020 | 20.5.2020 | USD | 18 101.06 |
| (HKD) K-1-mdist | 17.6.2019 | 20.6.2019 | HKD | 216 164.83 |
| (HKD) K-1-mdist | 15.7.2019 | 18.7.2019 | HKD | 179 558.09 |
| (HKD) K-1-mdist | 16.8.2019 | 21.8.2019 | HKD | 179 985.65 |
| (HKD) K-1-mdist | 16.9.2019 | 19.9.2019 | HKD | 180 226.45 |
| (HKD) K-1-mdist | 15.10.2019 | 18.10.2019 | HKD | 180 380.53 |
| (HKD) K-1-mdist | 15.11.2019 | 20.11.2019 | HKD | 180 399.04 |
| (HKD) K-1-mdist | 16.12.2019 | 19.12.2019 | HKD | 176 227.29 |
| (HKD) K-1-mdist | 15.1.2020 | 20.1.2020 | HKD | 179 477.70 |
| (HKD) K-1-mdist | 17.2.2020 | 20.2.2020 | HKD | 178 930.06 |
| (HKD) K-1-mdist | 16.3.2020 | 19.3.2020 | HKD | 179 627.35 |
| (HKD) K-1-mdist | 15.4.2020 | 20.4.2020 | HKD | 166 810.06 |
| (HKD) K-1-mdist | 15.5.2020 | 20.5.2020 | HKD | 143 066.81 |
| P-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| P-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| P-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| P-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| P-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| P-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| P-mdist | 16.12.2019 | 19.12.2019 | USD | 0.44 |
| P-mdist | 15.1.2020 | 21.1.2020 | USD | 0.45 |
| P-mdist | 17.2.2020 | 20.2.2020 | USD | 0.45 |
| P-mdist | 16.3.2020 | 19.3.2020 | USD | 0.45 |
| P-mdist | 15.4.2020 | 20.4.2020 | USD | 0.42 |
| P-mdist | 15.5.2020 | 20.5.2020 | USD | 0.36 |
| (HKD) P-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.39 |
| (HKD) P-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.49 |
| (HKD) P-mdist | 16.12.2019 | 19.12.2019 | HKD | 4.38 |
| (HKD) P-mdist | 15.1.2020 | 20.1.2020 | HKD | 4.46 |
| (HKD) P-mdist | 17.2.2020 | 20.2.2020 | HKD | 4.45 |
| (HKD) P-mdist | 16.3.2020 | 19.3.2020 | HKD | 4.46 |
| (HKD) P-mdist | 15.4.2020 | 20.4.2020 | HKD | 4.14 |
| (HKD) P-mdist | 15.5.2020 | 20.5.2020 | HKD | 3.55 |
| (SGD hedged) P-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) P-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| (SGD hedged) P-mdist | 16.12.2019 | 19.12.2019 | SGD | 0.39 |
| (SGD hedged) P-mdist | 15.1.2020 | 20.1.2020 | SGD | 0.42 |
| (SGD hedged) P-mdist | 17.2.2020 | 20.2.2020 | SGD | 0.42 |
| (SGD hedged) P-mdist | 16.3.2020 | 19.3.2020 | SGD | 0.42 |
| (SGD hedged) P-mdist | 15.4.2020 | 20.4.2020 | SGD | 0.39 |
| (SGD hedged) P-mdist | 15.5.2020 | 20.5.2020 | SGD | 0.33 |
| Q-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| Q-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| Q-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| Q-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| Q-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| Q-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| Q-mdist | 16.12.2019 | 19.12.2019 | USD | 0.44 |
| Q-mdist | 15.1.2020 | 21.1.2020 | USD | 0.45 |
| Q-mdist | 17.2.2020 | 20.2.2020 | USD | 0.45 |
| Q-mdist | 16.3.2020 | 19.3.2020 | USD | 0.45 |
| Q-mdist | 15.4.2020 | 20.4.2020 | USD | 0.42 |
| Q-mdist | 15.5.2020 | 20.5.2020 | USD | 0.36 |
| (HKD) Q-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.40 |
| (HKD) Q-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.49 |
| (HKD) Q-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.50 |
| (HKD) Q-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.51 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| --- | --- | --- | --- | --- |
| (HKD) Q-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.51 |
| (HKD) Q-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.52 |
| (HKD) Q-mdist | 16.12.2019 | 19.12.2019 | HKD | 4.41 |
| (HKD) Q-mdist | 15.1.2020 | 20.1.2020 | HKD | 4.50 |
| (HKD) Q-mdist | 17.2.2020 | 20.2.2020 | HKD | 4.48 |
| (HKD) Q-mdist | 16.3.2020 | 19.3.2020 | HKD | 4.50 |
| (HKD) Q-mdist | 15.4.2020 | 20.4.2020 | HKD | 4.18 |
| (HKD) Q-mdist | 15.5.2020 | 20.5.2020 | HKD | 3.59 |
| (SGD hedged) Q-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) Q-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| (SGD hedged) Q-mdist | 16.12.2019 | 19.12.2019 | SGD | 0.39 |
| (SGD hedged) Q-mdist | 15.1.2020 | 20.1.2020 | SGD | 0.42 |
| (SGD hedged) Q-mdist | 17.2.2020 | 20.2.2020 | SGD | 0.42 |
| (SGD hedged) Q-mdist | 16.3.2020 | 19.3.2020 | SGD | 0.42 |
| (SGD hedged) Q-mdist | 15.4.2020 | 20.4.2020 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.5.2020 | 20.5.2020 | SGD | 0.33 |

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

## Statement of Investments in Securities and other Net Assets as of 31 May 2020
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Bearer shares |  |  |  |
| Australia |  |  |  |
| AUD	AGL ENERGY NPV | 78 454.00 | 872 823.34 | 0.18 |
| AUD	AMP LIMITED NPV(POST RECON) | 18 239.00 | 19 734.48 | 0.00 |
| AUD	APA GROUP NPV | 7 699.00 | 59 334.02 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 10 906.00 | 186 197.44 | 0.04 |
| AUD	ASX LTD NPV | 1 252.00 | 73 284.42 | 0.02 |
| AUD	AURIZON HOLDINGS NPV | 13 143.00 | 41 440.54 | 0.01 |
| AUD	AUSNET SERVICES NPV | 12 564.00 | 14 636.67 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 17 546.00 | 208 365.45 | 0.04 |
| AUD	BLUESCOPE STEEL NPV | 2 664.00 | 19 505.05 | 0.00 |
| AUD	BORAL LIMITED NPV | 4 788.00 | 9 884.43 | 0.00 |
| AUD	BRAMBLES LTD NPV | 9 934.00 | 76 756.36 | 0.02 |
| AUD	CHALLENGER LIMITED NPV | 3 281.00 | 10 911.42 | 0.00 |
| AUD	CIMIC GROUP LTD NPV | 688.00 | 11 389.96 | 0.00 |
| AUD	CMNWLTH BK OF AUST NPV | 10 542.00 | 446 108.45 | 0.09 |
| AUD	COCA-COLA AMATIL NPV | 18 673.00 | 108 581.40 | 0.02 |
| AUD	COCHLEAR LTD NPV | 427.00 | 54 707.26 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 3 738.00 | 32 504.82 | 0.01 |
| AUD	CROWN RESORTS LTD NPV | 2 241.00 | 14 265.85 | 0.00 |
| AUD	CSL NPV | 2 710.00 | 496 891.61 | 0.10 |
| AUD	DEXUS NPV (STAPLED) | 7 108.00 | 42 464.61 | 0.01 |
| AUD	FLIGHT CENTRE TRAVEL GROUP LTD NPV | 779.00 | 6 763.67 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 82 475.00 | 760 981.97 | 0.16 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 9 657.00 | 98 526.56 | 0.02 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 11 712.00 | 31 019.96 | 0.01 |
| AUD	INCITEC PIVOT NPV | 5 623.00 | 7 502.42 | 0.00 |
| AUD	INSURANCE AUST GRP NPV | 16 682.00 | 67 659.16 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 3 948.00 | 33 885.42 | 0.01 |
| AUD	MACQUARIE GP LTD NPV | 2 015.00 | 147 091.14 | 0.03 |
| AUD	MAGELLAN FINANCIAL NPV | 697.00 | 26 996.71 | 0.01 |
| AUD	MEDIBANK PRIVATE L NPV | 16 619.00 | 31 440.32 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 22 449.00 | 35 018.87 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 19 173.00 | 226 668.54 | 0.05 |
| AUD	NEWCREST MINING NPV | 4 845.00 | 98 348.67 | 0.02 |
| AUD	ORICA LIMITED NPV | 3 220.00 | 36 721.15 | 0.01 |
| AUD	ORIGIN ENERGY NPV | 10 672.00 | 41 725.19 | 0.01 |
| AUD	QANTAS AIRWAYS NPV | 80 176.00 | 212 351.11 | 0.04 |
| AUD	QBE INS GROUP NPV | 9 126.00 | 53 490.72 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 1 122.00 | 52 172.09 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 415.00 | 27 677.17 | 0.01 |
| AUD	RIO TINTO LIMITED NPV | 18 023.00 | 1 117 406.53 | 0.23 |
| AUD	SANTOS LIMITED NPV | 10 827.00 | 38 522.12 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 30 014.00 | 44 428.94 | 0.01 |
| AUD	SEEK LIMITED NPV | 2 763.00 | 36 920.02 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 3 034.00 | 56 733.51 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 396.00 | 4 978.66 | 0.00 |
| AUD	SOUTH32 LTD NPV | 27 246.00 | 34 544.06 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 130 658.00 | 309 628.89 | 0.06 |
| AUD	SUNCORP GROUP LTD NPV | 7 863.00 | 48 175.61 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 5 602.00 | 21 753.85 | 0.00 |
| AUD	TABCORP HLDGS LTD NPV | 9 281.00 | 19 837.54 | 0.00 |
| AUD	TELSTRA CORP NPV | 23 828.00 | 51 247.17 | 0.01 |
| AUD	TPG TELECOM LTD NPV | 1 414.00 | 7 978.21 | 0.00 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 16 125.00 | 152 956.95 | 0.03 |
| AUD	TREASURY WINE ESTA NPV | 3 922.00 | 25 149.07 | 0.01 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 10 555.00 | 11 280.32 | 0.00 |
| AUD	WESFARMERS LTD NPV | 6 891.00 | 184 662.30 | 0.04 |
| AUD	WESTPAC BKG CORP NPV | 60 366.00 | 690 021.77 | 0.14 |
| AUD	WISETECH GLOBAL LT NPV | 778.00 | 10 530.14 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 6 420.00 | 96 610.38 | 0.02 |
| AUD	WOOLWORTHS GRP LTD NPV | 7 716.00 | 181 007.27 | 0.04 |
| AUD	WORLEY LIMITED NPV | 1 586.00 | 8 843.41 | 0.00 |
| Total Australia |  | 7 949 045.14 | 1.63 |
| Austria |  |  |  |
| EUR	ANDRITZ AG NPV(BR) | 419.00 | 15 725.36 | 0.00 |
| EUR	ERSTE GROUP BK AG NPV | 1 612.00 | 35 440.78 | 0.01 |
| EUR	OMV AG NPV(VAR) | 13 788.00 | 455 818.07 | 0.09 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 919.00 | 16 908.01 | 0.01 |
| EUR	VERBUND AG CLASS'A'NPV | 354.00 | 15 766.63 | 0.00 |
| EUR	VOESTALPINE AG NPV | 653.00 | 12 736.81 | 0.00 |
| Total Austria |  | 552 395.66 | 0.11 |
| Belgium |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 3 705.00 | 172 721.87 | 0.04 |
| EUR	COLRUYT SA NPV | 1 742.00 | 105 372.87 | 0.02 |
| EUR	ELIA SYS OPERATOR NPV | 42.00 | 4 933.49 | 0.00 |
| EUR	GALAPAGOS NV NPV | 251.00 | 51 191.29 | 0.01 |
| EUR	GPE BRUXELLES LAM NPV | 446.00 | 36 076.98 | 0.01 |
| EUR	PROXIMUS SA NPV | 1 015.00 | 21 220.22 | 0.00 |
| EUR	SOFINA NPV | 20.00 | 5 472.76 | 0.00 |
| EUR	SOLVAY SA NPV | 406.00 | 30 926.53 | 0.01 |
| EUR	UMICORE NPV | 1 103.00 | 48 880.57 | 0.01 |
| Total Belgium |  | 476 796.58 | 0.10 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bermuda |  |  |  |  |
| USD | MARVELL TECH GROUP COM USD0.002 | 1 646.00 | 53 692.52 | 0.01 |
| Total Bermuda	53 692.52	0.01 |
| Canada |  |  |  |  |
| USD | WASTE CONNECTIONS COM NPV (POST REV SPLT) | 690.00 | 64 887.60 | 0.01 |
| Total Canada | 64 887.60 | 0.01 |
| Finland |  |  |  |  |
| EUR | KONE CORPORATION NPV ORD 'B' | 1 684.00 | 112 916.34 | 0.02 |
| EUR | METSO OYJ NPV | 539.00 | 17 489.07 | 0.00 |
| EUR | WARTSILA OYJ ABP SER'B'EUR3.50 | 2 360.00 | 18 439.03 | 0.01 |
| Total Finland	148 844.44	0.03 |
| France |  |  |  |  |
| EUR | ACCOR EUR3 | 809.00 | 22 812.24 | 0.00 |
| EUR | ADP EUR3 | 159.00 | 16 563.28 | 0.00 |
| EUR | AIR LIQUIDE(L') EUR5.5 (POST-SUBDIVISION) | 2 367.00 | 321 481.05 | 0.07 |
| EUR | AIRBUS EUR1 | 3 117.00 | 196 589.95 | 0.04 |
| EUR | ALSTOM EUR7.00 | 1 059.00 | 44 574.71 | 0.01 |
| EUR | AMUNDI EUR2.5 (AIW) | 342.00 | 25 469.37 | 0.01 |
| EUR | ARKEMA EUR10 | 325.00 | 28 328.22 | 0.01 |
| EUR | ATOS SE EUR1 | 4 602.00 | 347 172.93 | 0.07 |
| EUR | AXA EUR2.29 | 8 902.00 | 162 197.05 | 0.03 |
| EUR | BIOMERIEUX NPV (POST SPLIT) | 214.00 | 30 731.34 | 0.01 |
| EUR | BNP PARIBAS EUR2 | 26 804.00 | 961 696.68 | 0.20 |
| EUR | BOLLORE EUR0.16 | 4 351.00 | 12 419.02 | 0.00 |
| EUR | BOUYGUES EUR1 | 1 269.00 | 38 874.70 | 0.01 |
| EUR | BUREAU VERITAS EUR0.12 | 1 283.00 | 26 102.48 | 0.01 |
| EUR | CAPGEMINI EUR8 | 878.00 | 89 948.85 | 0.02 |
| EUR | CARREFOUR EUR2.50 | 2 719.00 | 41 299.28 | 0.01 |
| EUR | CASINO GUICH-PERR EUR1.53 | 169.00 | 6 369.00 | 0.00 |
| EUR | CIE DE ST-GOBAIN EUR4 | 24 580.00 | 794 819.24 | 0.16 |
| EUR | CNP ASSURANCES EUR1 | 38 307.00 | 402 885.04 | 0.08 |
| EUR | COVIVIO EUR3 | 327.00 | 19 150.83 | 0.00 |
| EUR | CREDIT AGRICOLE SA EUR3 | 5 639.00 | 49 076.37 | 0.01 |
| EUR | DANONE EUR0.25 | 7 047.00 | 482 552.25 | 0.10 |
| EUR | DASSAULT AVIATION EUR8 | 80.00 | 68 253.80 | 0.01 |
| EUR | DASSAULT SYSTEMES EUR0.50 | 706.00 | 119 564.83 | 0.02 |
| EUR | EDENRED EUR2 | 1 278.00 | 53 423.10 | 0.01 |
| EUR | EDF EUR0.5 | 3 340.00 | 29 558.52 | 0.01 |
| EUR | EIFFAGE EUR4 | 6 149.00 | 560 866.89 | 0.12 |
| EUR | ENGIE EUR1 | 53 941.00 | 638 113.53 | 0.13 |
| EUR | ESSILORLUXOTTICA EUR0.18 | 1 491.00 | 191 972.98 | 0.04 |
| EUR | EURAZEO NPV | 237.00 | 11 546.86 | 0.00 |
| EUR | FAURECIA EUR7 | 306.00 | 11 797.54 | 0.00 |
| EUR | GETLINK SE EUR0.40 | 1 917.00 | 27 678.23 | 0.01 |
| EUR | HERMES INTL NPV | 151.00 | 125 604.11 | 0.03 |
| EUR | ICADE NPV | 77.00 | 5 511.64 | 0.00 |
| EUR | ILIAD NPV | 79.00 | 13 919.50 | 0.00 |
| EUR | INGENICO GROUP EUR1 | 367.00 | 50 702.47 | 0.01 |
| EUR | IPSEN EUR1 | 145.00 | 11 403.26 | 0.00 |
| EUR | JC DECAUX SA NPV | 269.00 | 5 472.77 | 0.00 |
| EUR | KERING EUR4 | 377.00 | 196 929.55 | 0.04 |
| EUR | KLEPIERRE EUR1.40 | 1 235.00 | 23 408.74 | 0.01 |
| EUR | L'OREAL EUR0.20 | 1 232.00 | 358 911.74 | 0.07 |
| EUR | LEGRAND SA EUR4 | 1 457.00 | 99 348.54 | 0.02 |
| EUR | LVMH MOET HENNESSY EUR0.30 | 1 365.00 | 569 384.16 | 0.12 |
| EUR | NATIXIS EUR1.6 | 73 684.00 | 163 351.06 | 0.03 |
| EUR | ORANGE EUR4 | 9 311.00 | 112 322.66 | 0.02 |
| EUR | ORPEA EUR2.5 | 46.00 | 5 403.35 | 0.00 |
| EUR | PERNOD RICARD EUR1.55 | 1 042.00 | 162 385.52 | 0.03 |
| EUR | PEUGEOT SA EUR1 | 3 106.00 | 44 240.75 | 0.01 |
| EUR | PUBLICIS GROUPE SA EUR0.40 | 1 296.00 | 36 789.77 | 0.01 |
| EUR | REMY COINTREAU EUR1.60 | 135.00 | 16 037.86 | 0.00 |
| EUR | RENAULT SA EUR3.81 | 863.00 | 19 395.96 | 0.00 |
| EUR | SAFRAN EUR0.20 | 1 613.00 | 154 051.78 | 0.03 |
| EUR | SANOFI EUR2 | 10 020.00 | 975 587.23 | 0.20 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 117.00 | 31 729.34 | 0.01 |
| EUR | SCHNEIDER ELECTRIC EUR8 | 2 739.00 | 271 889.89 | 0.06 |
| EUR | SCOR SE EUR7.876972 (POST CONS) | 722.00 | 17 813.13 | 0.00 |
| EUR | SEB SA EUR1 | 116.00 | 15 922.62 | 0.00 |
| EUR | SOC GENERALE EUR1.25 | 3 523.00 | 51 853.69 | 0.01 |
| EUR | SODEXO EUR4 | 394.00 | 26 532.62 | 0.01 |
| EUR | SUEZ EUR4 | 1 147.00 | 13 026.59 | 0.00 |
| EUR | TELEPERFORMANCE EUR2.50 | 293.00 | 69 453.24 | 0.01 |
| EUR | THALES EUR3 | 595.00 | 45 521.92 | 0.01 |
| EUR | TOTAL EUR2.5 | 12 036.00 | 450 179.72 | 0.09 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 527.00 | 40 835.28 | 0.01 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 772.00 | 40 961.62 | 0.01 |
| EUR | VALEO EUR1 (POST SUBD) | 1 162.00 | 28 630.00 | 0.01 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 17 287.00 | 378 526.70 | 0.08 |
| EUR | VINCI EUR2.50 | 2 707.00 | 250 044.36 | 0.05 |
| EUR | VIVENDI SA EUR5.50 | 4 356.00 | 98 991.45 | 0.02 |
| EUR | WENDEL EUR4 | 46.00 | 4 226.49 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 708.00 | 52 859.94 | 0.01 |
| Total France | 10 873 051.18 | 2.22 |
| Germany |  |  |  |  |
| EUR | BAYERISCHE MOTORENWERKE AG EUR1 | 1 520.00 | 88 934.61 | 0.02 |
| EUR | BEIERSDORF AG NPV | 485.00 | 50 852.30 | 0.01 |
| EUR | CARL ZEISS MEDITEC NPV | 162.00 | 16 596.48 | 0.00 |
| EUR | COMMERZBANK AG NPV | 4 250.00 | 16 550.93 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | CONTINENTAL AG ORD NPV | 563.00 | 55 385.82 | 0.01 |
| EUR | COVESTRO AG NPV | 664.00 | 24 588.01 | 0.01 |
| EUR | DEUTSCHE WOHNEN AG NPV (BR) | 1 865.00 | 83 437.71 | 0.02 |
| EUR | FRAPORT AG NPV | 213.00 | 10 571.84 | 0.00 |
| EUR | FRESENIUS MED CARE NPV | 1 045.00 | 87 877.87 | 0.02 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 2 099.00 | 100 864.34 | 0.02 |
| EUR | GEA GROUP AG NPV | 927.00 | 27 624.47 | 0.01 |
| EUR | HEIDELBERGCEMENT NPV | 4 066.00 | 201 853.24 | 0.04 |
| EUR | HENKEL AG & CO KGAA | 560.00 | 44 881.10 | 0.01 |
| EUR | HOCHTIEF AG NPV | 4 092.00 | 360 042.34 | 0.07 |
| EUR | KION GROUP AG NPV | 244.00 | 13 624.95 | 0.00 |
| EUR | KNORR BREMSE AG NPV | 220.00 | 23 292.16 | 0.01 |
| EUR | LANXESS AG NPV | 494.00 | 25 540.80 | 0.01 |
| EUR | MERCK KGAA NPV | 622.00 | 71 367.60 | 0.01 |
| EUR | METRO AG (NEW) NPV | 1 011.00 | 9 442.03 | 0.00 |
| EUR | NEMETSCHEK SE ORD NPV | 72.00 | 5 678.32 | 0.00 |
| EUR | PUMA SE NPV | 391.00 | 27 913.73 | 0.01 |
| EUR | RWE AG (NEU) NPV | 2 943.00 | 97 521.92 | 0.02 |
| EUR | SAP AG ORD NPV | 5 143.00 | 649 312.62 | 0.13 |
| EUR | SYMRISE AG NPV (BR) | 743.00 | 81 325.24 | 0.02 |
| EUR | TEAMVIEWER AG NPV | 200.00 | 10 179.11 | 0.00 |
| EUR | THYSSENKRUPP AG NPV | 2 375.00 | 16 009.50 | 0.00 |
| EUR | VOLKSWAGEN AG ORD NPV | 164.00 | 25 977.38 | 0.01 |
| EUR | WIRECARD AG NPV | 574.00 | 60 375.51 | 0.01 |
| EUR | ZALANDO SE NPV | 769.00 | 52 042.36 | 0.01 |
| Total Germany	2 339 664.29	0.48 |
| Ireland |  |  |  |  |
| GBP | DCC ORD EUR0.25 | 227.00 | 18 892.69 | 0.00 |
| EUR | FLUTTER ENTERTAINM ORD EUR0.09 | 650.83 | 83 470.88 | 0.02 |
| EUR | KERRY GROUP 'A'ORD EUR0.125(DUBLIN LIST) | 804.00 | 99 538.86 | 0.02 |
| USD | SEAGATE TECH PLC COM USD0.00001 | 16 522.00 | 876 326.88 | 0.18 |
| Total Ireland |  | 1 078 229.31 | 0.22 |
| Italy |  |  |  |
| EUR	ASSIC GENERALI SPA EUR1 | 5 683.00 | 78 923.75 | 0.02 |
| EUR	FINECOBANK SPA EUR0.33 | 2 685.00 | 31 374.87 | 0.01 |
| EUR	LEONARDO SPA EUR4.40 | 57 952.00 | 360 992.28 | 0.07 |
| EUR	POSTE ITALIANE SPA NPV | 2 598.00 | 22 812.75 | 0.00 |
| EUR	TELECOM ITALIA SPA DI RISP EUR0.55 | 28 392.00 | 10 952.59 | 0.00 |
| EUR	TELECOM ITALIA SPA EUR0.55 | 405 709.00 | 149 828.42 | 0.03 |
| Total Italy |  | 654 884.66 | 0.13 |
| Japan |  |  |  |
| JPY	ADVANTEST CORP NPV | 400.00 | 19 752.17 | 0.01 |
| JPY	AIR WATER INC NPV | 600.00 | 8 715.83 | 0.00 |
| JPY	AISIN SEIKI CO NPV | 200.00 | 6 302.50 | 0.00 |
| JPY	AMADA CO LTD NPV | 900.00 | 8 028.03 | 0.00 |
| JPY	AOZORA BANK LTD | 400.00 | 7 433.05 | 0.00 |
| JPY	ASAHI INTECC CO LT NPV | 600.00 | 18 378.43 | 0.01 |
| JPY	BANDAI NAMCO HLDGS NPV | 500.00 | 27 827.54 | 0.01 |
| JPY	CALBEE INC NPV | 300.00 | 8 674.06 | 0.00 |
| JPY	CENTRAL JAPAN RLWY NPV | 300.00 | 51 334.29 | 0.01 |
| JPY	CHUGAI PHARM CO NPV | 500.00 | 73 745.77 | 0.02 |
| JPY	COCA-COLA BOTTLERS NPV | 300.00 | 5 959.07 | 0.00 |
| JPY	CONCORDIA FINANCIA NPV | 2 500.00 | 8 168.19 | 0.00 |
| JPY	CREDIT SAISON CO NPV | 600.00 | 7 145.31 | 0.00 |
| JPY	CYBER AGENT NPV | 200.00 | 10 080.29 | 0.00 |
| JPY	DAI-ICHI LIFE HOLD NPV | 2 100.00 | 27 347.66 | 0.01 |
| JPY	DAICEL CORP | 400.00 | 3 386.09 | 0.00 |
| JPY	DAIFUKU CO LTD NPV | 300.00 | 23 335.04 | 0.01 |
| JPY	DAIICHI SANKYO COM NPV | 1 300.00 | 121 692.12 | 0.03 |
| JPY	DAIKIN INDUSTRIES NPV | 600.00 | 88 272.15 | 0.02 |
| JPY	DAITO TRUST CONST NPV | 1 900.00 | 200 784.33 | 0.04 |
| JPY	DAIWA HOUSE INDS NPV | 1 200.00 | 29 789.76 | 0.01 |
| JPY	DAIWA HOUSE REIT I REIT | 6.00 | 14 836.40 | 0.00 |
| JPY	DISCO CORPORATION NPV | 100.00 | 22 332.58 | 0.01 |
| JPY	EISAI CO NPV | 600.00 | 46 993.09 | 0.01 |
| JPY	FANUC CORP NPV | 400.00 | 71 341.72 | 0.02 |
| JPY	FAST RETAILING CO NPV | 100.00 | 56 184.16 | 0.01 |
| JPY	FUJI ELECTRIC CO L NPV | 500.00 | 13 361.49 | 0.00 |
| JPY	FUKUOKA FINANCIAL NPV | 500.00 | 8 135.70 | 0.00 |
| JPY	GMO PAYMENT GATEWA NPV | 100.00 | 11 259.11 | 0.00 |
| JPY	HANKYU HANSHIN HLD NPV | 500.00 | 18 471.25 | 0.01 |
| JPY	HIKARI TSUSHIN INC NPV | 100.00 | 21 914.88 | 0.01 |
| JPY	HIROSE ELECTRIC NPV | 100.00 | 11 945.98 | 0.00 |
| JPY	HOSHIZAKI CORPORAT NPV | 100.00 | 8 075.37 | 0.00 |
| JPY	HULIC CO LTD NPV | 700.00 | 7 082.19 | 0.00 |
| JPY	IDEMITSU KOSAN CO LTD | 600.00 | 13 310.44 | 0.00 |
| JPY	IHI CORP NPV | 400.00 | 5 751.15 | 0.00 |
| JPY	ISUZU MOTORS NPV | 1 600.00 | 14 992.35 | 0.00 |
| JPY	ITOCHU TECHNO-SOLU NPV | 100.00 | 3 378.66 | 0.00 |
| JPY	JAPAN AIRPORT TERM NPV | 200.00 | 8 799.37 | 0.00 |
| JPY	JAPAN EXCHANGE GP NPV | 1 200.00 | 25 807.77 | 0.01 |
| JPY	JAPAN POST INSURAN NPV | 600.00 | 7 618.69 | 0.00 |
| JPY	JAPAN REAL ESTATE INVESTMENT CORP | 3.00 | 16 373.51 | 0.00 |
| JPY	JGC HLDGS CORP NPV | 500.00 | 5 378.94 | 0.00 |
| JPY	JSR CORP NPV | 600.00 | 11 762.19 | 0.00 |
| JPY	KAJIMA CORP NPV | 1 400.00 | 15 879.70 | 0.00 |
| JPY	KAKAKU.COM. INC NPV | 300.00 | 7 256.69 | 0.00 |
| JPY	KANSAI ELEC POWER NPV | 1 400.00 | 13 949.97 | 0.00 |
| JPY	KANSAI PAINT CO NPV | 300.00 | 6 215.25 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | KAO CORP NPV | 1 100.00 | 88 287.93 | 0.02 |
| JPY | KAWASAKI HEAVY IND NPV | 14 100.00 | 223 275.63 | 0.05 |
| JPY | KEIHAN HOLDINGS CO NPV | 300.00 | 14 257.21 | 0.00 |
| JPY | KEIKYU CORP | 400.00 | 6 686.78 | 0.00 |
| JPY | KEIO CORPORATION NPV | 300.00 | 17 821.51 | 0.01 |
| JPY | KEISEI ELEC RY CO NPV | 300.00 | 9 843.60 | 0.00 |
| JPY | KIKKOMAN CORP NPV | 300.00 | 15 092.59 | 0.00 |
| JPY | KINTETSU GROUP HOL NPV | 300.00 | 14 730.59 | 0.00 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 1 600.00 | 32 784.15 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 100.00 | 8 910.75 | 0.00 |
| JPY | KOITO MFG CO LTD NPV | 300.00 | 12 711.75 | 0.00 |
| JPY | KOMATSU NPV | 1 900.00 | 38 446.19 | 0.01 |
| JPY | KOSE CORPORATION NPV | 100.00 | 12 521.46 | 0.00 |
| JPY | KURARAY CO NPV | 600.00 | 6 304.36 | 0.00 |
| JPY | KYUSHU RAILWAY COR NPV | 200.00 | 5 671.32 | 0.00 |
| JPY | LINE CORP NPV | 200.00 | 10 006.03 | 0.00 |
| JPY | LION CORP NPV | 400.00 | 9 152.09 | 0.00 |
| JPY | M3 INC NPV | 900.00 | 36 255.63 | 0.01 |
| JPY | MAKITA CORP NPV | 500.00 | 16 939.71 | 0.00 |
| JPY | MARUI GROUP NPV | 700.00 | 12 624.50 | 0.00 |
| JPY | MCDONALD'S HOLDING NPV | 200.00 | 10 637.21 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 300.00 | 22 583.19 | 0.01 |
| JPY | MINEBEA MITSUMI INC | 1 100.00 | 19 307.56 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 800.00 | 21 252.15 | 0.01 |
| JPY | MITSUI CHEMICALS NPV | 400.00 | 8 316.70 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 1 800.00 | 34 643.34 | 0.01 |
| JPY | MONOTARO CO.LTD NPV | 400.00 | 14 535.67 | 0.00 |
| JPY | NABTESCO CORP NPV | 300.00 | 9 314.52 | 0.00 |
| JPY | NAGOYA RAILROAD CO NPV | 400.00 | 12 066.65 | 0.00 |
| JPY | NH FOODS LTD NPV | 300.00 | 11 082.75 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 1 000.00 | 61 465.63 | 0.01 |
| JPY | NIPPON BUILDING FD REIT | 22.00 | 138 042.42 | 0.03 |
| JPY | NIPPON EXPRESS CO NPV | 200.00 | 10 284.49 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 300.00 | 20 912.42 | 0.01 |
| JPY | NIPPON SHINYAKU CO NPV | 100.00 | 8 613.73 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 35 700.00 | 328 916.51 | 0.07 |
| JPY | NISSAN CHEMICAL CO NPV | 200.00 | 8 827.21 | 0.00 |
| JPY | NISSHIN SEIFUN GRP NPV | 600.00 | 9 350.72 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 200.00 | 16 707.66 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 200.00 | 36 264.91 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 400.00 | 21 645.70 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 24 400.00 | 451 604.40 | 0.09 |
| JPY | OBAYASHI CORP NPV | 17 700.00 | 163 799.14 | 0.03 |
| JPY | OBIC CO LTD NPV | 100.00 | 17 338.84 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 700.00 | 17 471.57 | 0.01 |
| JPY | OJI HOLDINGS CO NPV | 1 300.00 | 6 528.06 | 0.00 |
| JPY | OLYMPUS CORP NPV | 57 300.00 | 995 377.09 | 0.21 |
| JPY | ONO PHARMACEUTICAL NPV | 900.00 | 25 704.74 | 0.01 |
| JPY | ORACLE CORP JAPAN NPV | 100.00 | 11 676.80 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 400.00 | 57 975.59 | 0.01 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 1 000.00 | 20 151.30 | 0.01 |
| JPY | PEPTIDREAM INC NPV | 100.00 | 4 487.86 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 300.00 | 3 968.07 | 0.00 |
| JPY | PIGEON CORP NPV | 200.00 | 7 796.91 | 0.00 |
| JPY | RAKUTEN INC NPV | 1 800.00 | 16 306.68 | 0.00 |
| JPY | RECRUIT HLDGS CO L NPV | 3 000.00 | 103 309.05 | 0.02 |
| JPY | RINNAI CORP NPV | 100.00 | 8 418.81 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 400.00 | 6 048.17 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 800.00 | 17 145.77 | 0.01 |
| JPY | SECOM CO NPV | 500.00 | 43 319.26 | 0.01 |
| JPY | SEIBU HOLDINGS INC NPV | 600.00 | 7 841.46 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 1 500.00 | 28 577.06 | 0.01 |
| JPY | SHARP CORP NPV | 500.00 | 5 416.07 | 0.00 |
| JPY | SHIMANO INC NPV | 200.00 | 36 775.42 | 0.01 |
| JPY | SHIMIZU CORP NPV | 1 800.00 | 15 237.39 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 800.00 | 93 711.42 | 0.02 |
| JPY | SHINSEI BANK NPV | 700.00 | 8 933.96 | 0.00 |
| JPY | SHIONOGI & CO NPV | 700.00 | 41 330.12 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 900.00 | 54 884.67 | 0.01 |
| JPY | SHOWA DENKO KK NPV | 300.00 | 7 170.37 | 0.00 |
| JPY | SMC CORP NPV | 100.00 | 50 466.42 | 0.01 |
| JPY | SONY FINANCIAL HOL NPV | 400.00 | 9 638.46 | 0.00 |
| JPY | SQUARE-ENIX HOLDIN NPV | 200.00 | 9 709.01 | 0.00 |
| JPY | STANLEY ELECTRIC NPV | 100.00 | 2 430.96 | 0.00 |
| JPY | SUMITOMO HEAVY IND NPV | 33 200.00 | 758 082.34 | 0.16 |
| JPY | SUMITOMO METAL MNG NPV | 600.00 | 16 713.23 | 0.00 |
| JPY | SUMITOMO RUBBER NPV | 800.00 | 8 138.49 | 0.00 |
| JPY | SUNTORY BEVERAGE & NPV | 200.00 | 8 168.19 | 0.00 |
| JPY | SUZUKEN CO LTD NPV | 200.00 | 7 267.83 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 800.00 | 27 816.40 | 0.01 |
| JPY | SYSMEX CORP NPV | 400.00 | 31 967.33 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 1 700.00 | 15 353.41 | 0.00 |
| JPY | TAIHEIYO CEMENT NPV | 500.00 | 11 820.67 | 0.00 |
| JPY | TAISEI CORP NPV | 500.00 | 17 357.40 | 0.01 |
| JPY | TAIYO NIPPON SANSO NPV | 300.00 | 5 045.71 | 0.00 |
| JPY | TEIJIN LTD NPV | 200.00 | 3 274.70 | 0.00 |
| JPY | TERUMO CORP NPV | 1 300.00 | 51 041.91 | 0.01 |
| JPY | THK CO LTD NPV | 400.00 | 10 395.88 | 0.00 |
| JPY | TOBU RAILWAY CO NPV | 500.00 | 17 728.69 | 0.01 |
| JPY | TOHO CO LTD NPV | 200.00 | 7 351.37 | 0.00 |
| JPY | TOHO GAS CO NPV | 300.00 | 14 786.28 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 1 000.00 | 10 358.75 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | TOKYO GAS CO NPV | 800.00 | 19 087.58 | 0.01 |
| JPY | TOKYU CORP NPV | 1 000.00 | 15 853.72 | 0.00 |
| JPY | TORAY INDS INC NPV | 2 400.00 | 11 670.86 | 0.00 |
| JPY | TOSOH CORP NPV | 500.00 | 6 952.24 | 0.00 |
| JPY | TOTO LTD NPV | 200.00 | 7 926.86 | 0.00 |
| JPY | TOYO SUISAN KAISHA NPV | 300.00 | 15 677.36 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 300.00 | 15 343.20 | 0.00 |
| JPY | TOYOTA TSUSHO CORP NPV | 500.00 | 12 669.98 | 0.00 |
| JPY | TSURUHA HOLDINGS I NPV | 100.00 | 14 777.00 | 0.00 |
| JPY | USS CO LTD NPV | 100.00 | 1 743.17 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 100.00 | 8 400.24 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 300.00 | 18 378.43 | 0.01 |
| JPY | YAMAHA CORP NPV | 300.00 | 14 591.36 | 0.00 |
| JPY | YAMATO HOLDINGS CO NPV | 500.00 | 11 064.19 | 0.00 |
| JPY | ZOZO INC NPV | 238.00 | 4 382.90 | 0.00 |
| Total Japan | 6 193 393.77 | 1.27 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 27 181.00 | 50 345.31 | 0.01 |
| Total Jersey |  | 50 345.31 | 0.01 |
| Luxembourg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 7 031.00 | 38 651.05 | 0.01 |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 66.00 | 44 621.70 | 0.01 |
| Total Luxembourg |  | 83 272.75 | 0.02 |
| The Netherlands |  |  |  |
| USD	AERCAP HOLDINGS EUR0.01 | 596.00 | 19 215.04 | 0.00 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 948.00 | 77 611.77 | 0.02 |
| EUR	ALTICE EUROPE N.V. EUR0.01 (COMMON SHARES A) | 3 332.00 | 13 342.86 | 0.00 |
| EUR	EXOR NV EUR0.01 | 676.00 | 36 439.43 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 587.00 | 48 383.55 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 1 179.00 | 108 169.28 | 0.02 |
| EUR	ING GROEP N.V. EUR0.01 | 18 561.00 | 119 872.59 | 0.03 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 600.00 | 65 112.52 | 0.01 |
| EUR	KON KPN NV EUR0.04 | 16 884.00 | 41 393.15 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 38 911.00 | 987 277.27 | 0.20 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 12 272.00 | 556 814.47 | 0.11 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 1 501.00 | 144 246.10 | 0.03 |
| EUR	QIAGEN NV EUR0.01 | 1 137.00 | 49 717.01 | 0.01 |
| EUR	RANDSTAD N.V. EUR0.10 | 784.00 | 32 903.67 | 0.01 |
| GBP	ROYAL DUTCH SHELL 'B'SHS EUR0.07 (UK LIST) | 14 882.00 | 225 567.04 | 0.05 |
| EUR	STMICROELECTRONICS EUR1.04 | 3 367.00 | 82 733.29 | 0.02 |
| EUR	VOPAK(KON) EUR0.50 | 291.00 | 15 961.34 | 0.00 |
| EUR	WOLTERS KLUWER EUR0.12 | 1 401.00 | 111 706.28 | 0.02 |
| Total The Netherlands |  | 2 736 466.66 | 0.56 |
| Papua New Guinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 7 812.00 | 18 045.91 | 0.00 |
| Total Papua New Guinea |  | 18 045.91 | 0.00 |
| Singapore |  |  |  |
| USD	FLEX LTD COM USD0.01 | 658.00 | 6 389.18 | 0.00 |
| Total Singapore |  | 6 389.18 | 0.00 |
| Spain |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 1 135.00 | 28 974.77 | 0.01 |
| EUR	AENA SME S.A. EUR10 | 309.00 | 44 064.41 | 0.01 |
| EUR	AMADEUS IT GROUP EUR0.01 | 19 680.00 | 1 027 565.79 | 0.21 |
| EUR	CAIXABANK SA EUR1 | 339 006.00 | 633 328.24 | 0.13 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 1 401.00 | 79 353.85 | 0.02 |
| EUR	ENAGAS SA EUR1.50 | 34 401.00 | 773 354.90 | 0.16 |
| EUR	ENDESA SA EUR1.2 | 1 764.00 | 41 892.66 | 0.01 |
| EUR	FERROVIAL SA EUR0.2 | 2 714.00 | 73 721.98 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 1 448.00 | 45 292.40 | 0.01 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 94 728.00 | 1 020 831.25 | 0.21 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 22 210.00 | 618 867.60 | 0.13 |
| EUR	NATURGY ENERGY GRO EUR1 | 29 223.00 | 542 691.08 | 0.11 |
| EUR	RED ELECTRICA CORP EUR0.5 | 26 856.00 | 473 192.62 | 0.10 |
| EUR	REPSOL SA EUR1 | 6 994.00 | 65 116.72 | 0.01 |
| EUR	SIEMENS GAMESA REN EUR0.17 | 1 028.00 | 17 306.81 | 0.00 |
| EUR	TELEFONICA SA EUR1 | 23 880.00 | 112 653.34 | 0.02 |
| Total Spain |  | 5 598 208.42 | 1.15 |
| United Kingdom |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 2 576.00 | 26 273.85 | 0.01 |
| GBP	ASTRAZENECA ORD USD0.25 | 3 583.00 | 380 065.08 | 0.08 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 174.00 | 8 793.95 | 0.00 |
| GBP	AVIVA ORD GBP0.25 | 7 058.00 | 21 613.82 | 0.01 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 8 868.00 | 54 400.93 | 0.01 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 122 884.00 | 755 049.80 | 0.16 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 6 245.00 | 246 251.53 | 0.05 |
| GBP	BRITISH LAND CO PLC REIT | 3 031.00 | 15 262.44 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 18 214.00 | 26 177.14 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 698.00 | 16 279.31 | 0.00 |
| USD	COCA-COLA EUROPEAN ORD EUR0.01 | 1 070.00 | 40 339.00 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 53 823.00 | 187 912.84 | 0.04 |
| GBP	HALMA ORD GBP0.10 | 784.00 | 22 583.74 | 0.01 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 159.00 | 5 053.86 | 0.00 |
| USD	IHS MARKIT LTD COM | 815.00 | 56 609.90 | 0.01 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 3 641.00 | 20 454.21 | 0.00 |
| GBP	ITV ORD GBP0.10 | 9 750.00 | 9 676.89 | 0.00 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 1 096.00 | 8 921.21 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| GBP | JOHNSON MATTHEY ORD GBP1.109245 | 496.00 | 12 957.02 | 0.00 |
| GBP | KINGFISHER ORD GBP0.157142857 | 6 300.00 | 15 125.64 | 0.00 |
| GBP | LAND SECURITIES GP ORD GBP0.106666666 | 1 876.00 | 14 050.31 | 0.00 |
| USD | LIBERTY GLOBAL INC USD0.01 A | 8 693.00 | 184 639.32 | 0.04 |
| GBP | LLOYDS BANKING GP ORD GBP0.1 | 181 986.00 | 67 204.30 | 0.01 |
| GBP | MELROSE INDUST PLC ORD GBP0.0685714 | 14 117.00 | 20 096.96 | 0.00 |
| GBP | NATIONAL GRID ORD GBP0.12431289 | 9 286.00 | 106 307.41 | 0.02 |
| GBP | OCADO GROUP PLC ORD GBP0.02 | 1 260.00 | 34 130.04 | 0.01 |
| GBP | RECKITT BENCK GRP ORD GBP0.10 | 1 901.00 | 169 778.90 | 0.04 |
| GBP | RELX PLC GBP0.1444 | 5 466.00 | 126 603.93 | 0.03 |
| GBP | RENTOKIL INITIAL ORD GBP0.01 | 5 533.00 | 33 983.34 | 0.01 |
| GBP | ROLLS-ROYCE HLDGS ORD GBP0.20 | 4 074.00 | 13 679.63 | 0.00 |
| GBP | SAGE GROUP GBP0.01051948 | 3 300.00 | 28 191.35 | 0.01 |
| GBP | SEVERN TRENT ORD GBP0.9789 | 633.00 | 19 102.73 | 0.00 |
| GBP | SMITHS GROUP ORD GBP0.375 | 938.00 | 15 150.82 | 0.00 |
| GBP | SPIRAX-SARCO ENG ORD GBP0.269230769 | 171.00 | 20 865.90 | 0.00 |
| GBP | SSE PLC ORD GBP0.50 | 2 306.00 | 35 394.02 | 0.01 |
| GBP | ST JAMES'S PLACE ORD GBP0.15 | 1 658.00 | 18 833.42 | 0.00 |
| EUR | UNILEVER EUR0.16 | 6 943.00 | 359 044.41 | 0.07 |
| GBP | UNITED UTILITIES G ORD GBP0.05 | 1 870.00 | 21 213.82 | 0.01 |
| GBP | WHITBREAD ORD GBP0.76797385 | 16 052.00 | 501 683.81 | 0.10 |
| USD | WILLIS TOWERS WATS COM USD0.000304635 | 304.00 | 61 681.60 | 0.01 |
| GBP | WPP PLC ORD GBP0.10 | 3 714.00 | 28 082.33 | 0.01 |
| Total United Kingdom |  | 3 809 520.51 | 0.78 |
| United States |  |  |  |
| USD	3M CO COM | 1 332.00 | 208 378.08 | 0.04 |
| USD	AFLAC INC COM USD0.10 | 1 614.00 | 58 862.58 | 0.01 |
| USD	AKAMAI TECHNOLOGIES INC COM | 7 549.00 | 798 684.20 | 0.16 |
| USD	ALBEMARLE CORP COM USD0.01 | 318.00 | 24 333.36 | 0.01 |
| USD	ALIGN TECHNOLOGY INC COM | 179.00 | 43 965.98 | 0.01 |
| USD	ALLEGHANY CORP DEL COM | 14.00 | 7 183.40 | 0.00 |
| USD	ALLIANCE DATA SYST COM USD0.01 | 116.00 | 5 374.28 | 0.00 |
| USD	ALLIANT ENERGY CORP COM | 476.00 | 23 495.36 | 0.00 |
| USD	ALNYLAM PHARMACEUTICALS INC COM | 220.00 | 29 759.40 | 0.01 |
| USD	ALPHABET INC CAP STK USD0.001 CL C | 1 247.00 | 1 781 863.24 | 0.36 |
| USD	ALTICE USA INC COM USD0.01 CL A | 509.00 | 13 091.48 | 0.00 |
| USD	AMER ELEC PWR INC COM USD6.50 | 1 030.00 | 87 807.50 | 0.02 |
| USD	AMERICAN WATER WOR COM STK USD0.01 | 444.00 | 56 388.00 | 0.01 |
| USD	ANSYS INC COM | 198.00 | 56 034.00 | 0.01 |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 133.00 | 31 050.18 | 0.01 |
| USD	ARROW ELECTRS INC COM | 219.00 | 15 128.52 | 0.00 |
| USD	BAKER HUGHES COMPA COM USD0.0001 CL A | 1 556.00 | 25 689.56 | 0.01 |
| USD	BERKLEY(WR)CORP COM USD0.20 | 363.00 | 21 035.85 | 0.00 |
| USD	BERKSHIRE HATHAWAY CLASS'B'COM USD0.0033 | 3 073.00 | 570 287.34 | 0.12 |
| USD	BIO RAD LABS INC CL A | 32.00 | 15 722.24 | 0.00 |
| USD	BIOMARIN PHARMA COM USD0.001 | 503.00 | 53 594.65 | 0.01 |
| USD	BLACK KNIGHT INC COM USD0.0001 WI | 416.00 | 32 023.68 | 0.01 |
| USD	BLACKROCK INC COM STK USD0.01 | 364.00 | 192 424.96 | 0.04 |
| USD	BOOZ ALLEN HAMILTO COM USD0.01 CLASS 'A' | 374.00 | 29 830.24 | 0.01 |
| USD	BOSTON PPTYS INC COM USD0.01 | 365.00 | 31 382.70 | 0.01 |
| USD	BOSTON SCIENTIFIC COM USD0.01 | 3 220.00 | 122 327.80 | 0.03 |
| USD	BROADRIDGE FIN SOL COM STK USD0.01 | 315.00 | 38 146.50 | 0.01 |
| USD	BROWN & BROWN INC COM | 514.00 | 20 662.80 | 0.00 |
| USD	BROWN FORMAN CORP CL B | 760.00 | 50 106.80 | 0.01 |
| USD	CABLE ONE INC COM USD1 'WI' | 3.00 | 5 660.67 | 0.00 |
| USD	CABOT OIL & GAS CO COM USD0.10 | 721.00 | 14 304.64 | 0.00 |
| USD	CADENCE DESIGN SYS COM USD0.01 | 10 863.00 | 991 683.27 | 0.20 |
| USD	CAMPBELL SOUP CO CAP USD0.0375 | 7 010.00 | 357 369.80 | 0.07 |
| USD	CATALENT INC COM USD0.01 | 69.00 | 5 363.37 | 0.00 |
| USD	CDK GLOBAL INC COM USD0.01 | 364.00 | 14 308.84 | 0.00 |
| USD	CDW CORP COM USD0.01 | 360.00 | 39 927.60 | 0.01 |
| USD	CERNER CORP COM | 766.00 | 55 841.40 | 0.01 |
| USD	CHENIERE ENERGY INC COM NEW | 671.00 | 29 758.85 | 0.01 |
| USD	CINCINNATI FINL CORP COM | 399.00 | 23 521.05 | 0.00 |
| USD	CINTAS CORP COM | 200.00 | 49 592.00 | 0.01 |
| USD	CLOROX CO DEL COM | 319.00 | 65 793.75 | 0.01 |
| USD	CME GROUP INC COM STK USD0.01 CLASS'A' | 841.00 | 153 566.60 | 0.03 |
| USD	CMS ENERGY CORP COM | 607.00 | 35 558.06 | 0.01 |
| USD	COCA-COLA CO COM USD0.25 | 9 660.00 | 450 928.80 | 0.09 |
| USD	COGNEX CORP COM | 460.00 | 26 100.40 | 0.01 |
| USD	COLGATE-PALMOLIVE COM USD1 | 1 877.00 | 135 763.41 | 0.03 |
| USD	CONSTELLATION BRDS CLASS'A'COM USD0.01 | 391.00 | 67 525.70 | 0.01 |
| USD	COPART INC COM | 521.00 | 46 572.19 | 0.01 |
| USD	COSTAR GROUP INC COM | 83.00 | 54 514.40 | 0.01 |
| USD	COTY INC COM USD0.01 CL 'A' | 573.00 | 2 079.99 | 0.00 |
| USD	COUPA SOFTWARE INC COM USD0.0001 | 80.00 | 18 200.80 | 0.00 |
| USD	CSX CORP COM USD1 | 1 726.00 | 123 547.08 | 0.03 |
| USD	DEERE & CO COM USD1 | 760.00 | 115 611.20 | 0.02 |
| USD	DEVON ENERGY CORP NEW COM | 809.00 | 8 745.29 | 0.00 |
| USD	DEXCOM INC COM | 215.00 | 81 336.65 | 0.02 |
| USD	DIGITAL REALTY TRU COM STK USD0.01 | 649.00 | 93 170.44 | 0.02 |
| USD	DISCOVERY INC COM USD0.01 SER A | 38 567.00 | 838 832.25 | 0.17 |
| USD	DISCOVERY INC COM USD0.01 SER C | 833.00 | 16 318.47 | 0.00 |
| USD	DOMINION ENERGY IN COM STK NPV | 1 983.00 | 168 574.83 | 0.03 |
| USD	DROPBOX INC COM USD0.00001 CL A | 450.00 | 10 156.50 | 0.00 |
| USD	DUKE ENERGY CORP COM USD0.001 (POST REV SPLT) | 1 795.00 | 153 705.85 | 0.03 |
| USD	ECOLAB INC COM | 632.00 | 134 350.56 | 0.03 |
| USD	EDWARDS LIFESCIENCES CORP COM | 483.00 | 108 539.76 | 0.02 |
| USD	EOG RESOURCES INC COM USD0.01 | 1 411.00 | 71 918.67 | 0.01 |
| USD	EPAM SYS INC COM USD0.001 | 125.00 | 28 830.00 | 0.01 |
| USD	EQUIFAX INC COM | 250.00 | 38 390.00 | 0.01 |
| USD	EQUITY LIFESTYLE PPTYS INC | 492.00 | 30 651.60 | 0.01 |
| USD	EQUITY RESIDENTIAL SBI USD0.01 | 862.00 | 52 202.72 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | ERIE INDTY CO CL A | 28.00 | 5 046.72 | 0.00 |
| USD | ESSEX PROP TRUST COM USD0.0001 | 147.00 | 35 687.19 | 0.01 |
| USD | EXACT SCIENCES CORP COM | 288.00 | 24 733.44 | 0.01 |
| USD | EXPEDTRS INTL WASH COM USD0.01 | 11 301.00 | 863 057.37 | 0.18 |
| USD | F M C CORP COM NEW | 237.00 | 23 323.17 | 0.00 |
| USD | F5 NETWORK INC COM STK NPV | 140.00 | 20 288.80 | 0.00 |
| USD | FACTSET RESH SYS INC COM | 89.00 | 27 368.39 | 0.01 |
| USD | FAIR ISAAC CORP COM | 14.00 | 5 637.10 | 0.00 |
| USD | FASTENAL COM USD0.01 | 1 448.00 | 59 744.48 | 0.01 |
| USD | FIDELITY NATL FINL FNF GROUP COM USD0.0001 | 809.00 | 25 807.10 | 0.01 |
| USD | FLIR SYS INC COM | 401.00 | 18 526.20 | 0.00 |
| USD | FORTINET INC COM USD0.001 | 1 063.00 | 147 969.60 | 0.03 |
| USD | FORTIVE CORP COM USD0.01 | 722.00 | 44 027.56 | 0.01 |
| USD | FRANKLIN RES INC COM | 868.00 | 16 379.16 | 0.00 |
| USD | GALLAGHER ARTHUR J & CO COM | 512.00 | 48 271.36 | 0.01 |
| USD | GAP INC DEL COM | 710.00 | 6 319.00 | 0.00 |
| USD | GARTNER INC COM | 245.00 | 29 816.50 | 0.01 |
| USD | GEN DYNAMICS CORP COM USD1 | 556.00 | 81 637.48 | 0.02 |
| USD | GEN ELEC CO COM USD0.06 | 20 818.00 | 136 774.26 | 0.03 |
| USD | GRUBHUB INC COM USD0.0001 | 18.00 | 1 021.32 | 0.00 |
| USD | GUIDEWIRE SOFTWARE COM USD0.0001 | 212.00 | 21 746.96 | 0.00 |
| USD | HANESBRANDS INC COM | 55.00 | 542.30 | 0.00 |
| USD | HARLEY DAVIDSON INC COM | 21.00 | 448.14 | 0.00 |
| USD | HEICO CORP NEW CL A | 218.00 | 18 301.10 | 0.00 |
| USD | HEICO CORP NEW COM | 158.00 | 15 920.08 | 0.00 |
| USD | HENRY JACK & ASSOC COM USD0.01 | 219.00 | 39 608.34 | 0.01 |
| USD | HONEYWELL INTL INC COM USD1 | 1 741.00 | 253 924.85 | 0.05 |
| USD | HUNT J B TRANS SVCS INC COM | 233.00 | 27 883.11 | 0.01 |
| USD | IAC INTERACTIVECOR COM USD0.001 | 193.00 | 52 181.41 | 0.01 |
| USD | IDEX CORP COM | 208.00 | 33 148.96 | 0.01 |
| USD | IDEXX LABORATORIES COM USD0.10 | 205.00 | 63 320.40 | 0.01 |
| USD | ILLINOIS TOOL WKS COM NPV | 734.00 | 126 585.64 | 0.03 |
| USD | ILLUMINA INC COM USD0.01 | 354.00 | 128 519.70 | 0.03 |
| USD | INCYTE CORPORATION COM USD0.001 | 377.00 | 38 420.07 | 0.01 |
| USD | INSULET CORP COM STK USD0.001 | 122.00 | 23 005.54 | 0.00 |
| USD | INTERCONTINENTAL E COM USD0.01 | 1 296.00 | 126 036.00 | 0.03 |
| USD | INTERNATIONAL FLAVORS&FRAGRANC COM | 255.00 | 33 963.45 | 0.01 |
| USD | INTERPUBLIC GROUP COM USD0.10 | 979.00 | 16 750.69 | 0.00 |
| USD | INTUITIVE SURGICAL COM USD0.001 | 271.00 | 157 188.13 | 0.03 |
| USD | INVITATION HOMES I COM USD0.01 | 1 033.00 | 27 167.90 | 0.01 |
| USD | IONIS PHARMACEUTIC COM USD0.001 | 325.00 | 18 268.25 | 0.00 |
| USD | IPG PHOTONICS CORP COM USD0.0001 | 134.00 | 20 823.60 | 0.00 |
| USD | JOHNSON & JOHNSON COM USD1 | 7 137.00 | 1 061 628.75 | 0.22 |
| USD | JP MORGAN CHASE & COM USD1 | 8 649.00 | 841 634.19 | 0.17 |
| USD | JUNIPER NETWORKS COM USD0.00001 | 19 480.00 | 472 584.80 | 0.10 |
| USD | KRAFT HEINZ CO COM USD0.01 | 1 657.00 | 50 488.79 | 0.01 |
| USD | LAMB WESTON HLDGS COM USD1.00 WI | 2 413.00 | 144 924.78 | 0.03 |
| USD | LEIDOS HLDGS INC COM USD0.0001 | 308.00 | 32 429.32 | 0.01 |
| USD | LENNOX INTL INC COM | 85.00 | 18 176.40 | 0.00 |
| USD | LIBERTY BROADBAND COM USD0.01 CL 'A' | 40.00 | 5 387.60 | 0.00 |
| USD | LIBERTY BROADBAND COM USD0.01 CL 'C' | 271.00 | 37 024.02 | 0.01 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER A SIRIUSXM | 152.00 | 5 548.00 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C SIRIUSXM | 517.00 | 18 854.99 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C FORMULA | 534.00 | 18 503.10 | 0.00 |
| USD | LIVE NATION INC COM | 386.00 | 18 975.76 | 0.00 |
| USD | LOCKHEED MARTIN CORP COM | 592.00 | 229 956.48 | 0.05 |
| USD | LOEWS CORP COM | 573.00 | 19 046.52 | 0.00 |
| USD | LYONDELLBASELL IND COM USD0.01 | 669.00 | 42 655.44 | 0.01 |
| USD | M & T BANK CORP COM USD0.50 | 311.00 | 32 860.26 | 0.01 |
| USD | MARKEL CORP COM | 22.00 | 19 743.24 | 0.00 |
| USD | MARKETAXESS HLDGS INC COM | 91.00 | 46 281.69 | 0.01 |
| USD | MARSH & MCLENNAN COM USD1 | 1 212.00 | 128 375.04 | 0.03 |
| USD | MARTIN MARIETTA M. COM USD0.01 | 125.00 | 24 011.25 | 0.01 |
| USD | MASIMO CORPORATION COM STK USD0.001 | 20.00 | 4 803.80 | 0.00 |
| USD | MATCH GROUP INC COM USD0.001 | 100.00 | 8 904.00 | 0.00 |
| USD | MAXIM INTEGRATED COM USD0.001 | 573.00 | 33 050.64 | 0.01 |
| USD | MEDICAL PROP TST COM USD0.001 | 1 434.00 | 25 926.72 | 0.01 |
| USD | METTLER TOLEDO INTERNATIONAL COM | 815.00 | 647 925.00 | 0.13 |
| USD | MOLINA HEALTHCARE INC COM | 27.00 | 5 017.14 | 0.00 |
| USD | MONGODB INC COM USD0.001 CL A | 100.00 | 23 211.00 | 0.00 |
| USD | MONSTER BEV CORP USD0.005(NEW) | 964.00 | 69 321.24 | 0.01 |
| USD | MOODYS CORP COM USD0.01 | 398.00 | 106 429.18 | 0.02 |
| USD | MYLAN NV EUR0.01 | 11 393.00 | 194 478.51 | 0.04 |
| USD | NASDAQ INC COM STK USD0.01 | 290.00 | 34 353.40 | 0.01 |
| USD | NEUROCRINE BIOSCIENCES INC COM | 232.00 | 28 944.32 | 0.01 |
| USD | NEWS CORP NEW COM USD0.01 CL'A' | 609.00 | 7 460.25 | 0.00 |
| USD | NEXTERA ENERGY INC COM USD0.01 | 1 136.00 | 290 316.16 | 0.06 |
| USD | NORDSTROM INC COM NPV | 388.00 | 6 258.44 | 0.00 |
| USD | NORTHROP GRUMMAN COM USD1 | 374.00 | 125 364.80 | 0.03 |
| USD | OKTA INC COM USD0.0001 CL A | 285.00 | 55 740.30 | 0.01 |
| USD | OMEGA HEALTHCARE INVESTORS INC | 571.00 | 17 780.94 | 0.00 |
| USD | PAYCOM SOFTWARE IN COM USD0.01 | 110.00 | 32 695.30 | 0.01 |
| USD | PEOPLE'S UNITED FINANCIAL INC COM STK USD0.01 | 1 106.00 | 12 663.70 | 0.00 |
| USD | PEPSICO INC CAP USD0.016666 | 3 234.00 | 425 432.70 | 0.09 |
| USD | PERKINELMER INC COM USD1 | 228.00 | 22 907.16 | 0.00 |
| USD | PHILIP MORRIS INTL COM STK NPV 'WI' | 9 099.00 | 667 502.64 | 0.14 |
| USD | PIONEER NATURAL RE COM STK USD0.01 | 482.00 | 44 151.20 | 0.01 |
| USD | PPG INDS INC COM | 578.00 | 58 765.26 | 0.01 |
| USD | PROGRESSIVE CP(OH) COM USD1 | 1 357.00 | 105 411.76 | 0.02 |
| USD | PTC INC COM USD0.01 | 306.00 | 23 372.28 | 0.00 |
| USD | PUBLIC STORAGE COM USD0.10 | 365.00 | 74 000.10 | 0.02 |
| USD | PULTE GROUP INC COM USD0.01 | 29 390.00 | 998 378.30 | 0.20 |
| USD | QORVO INC COM USD 0.0001 | 273.00 | 28 594.02 | 0.01 |
| USD | RALPH LAUREN CORP CLASS 'A' COM USD0.01 | 2 912.00 | 219 885.12 | 0.05 |
| USD | REALTY INCOME CORP | 864.00 | 47 787.84 | 0.01 |
| USD | RESMED INC COM USD0.004 | 378.00 | 60 789.96 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | RINGCENTRAL INC COM USD0.0001 CL'A' | 171.00 | 46 896.75 | 0.01 |
| USD | ROKU INC COM USD0.0001 CLASS A | 207.00 | 22 668.57 | 0.00 |
| USD | ROLLINS INC COM | 291.00 | 12 163.80 | 0.00 |
| USD | ROPER TECHNOLOGIES COM USD0.01 | 247.00 | 97 268.60 | 0.02 |
| USD | RPM INTERNATIONAL COM USD0.01 | 350.00 | 26 173.00 | 0.01 |
| USD | S&P GLOBAL INC COM USD1 | 562.00 | 182 661.24 | 0.04 |
| USD | SAREPTA THERA INC COM USD0.0001 | 217.00 | 33 042.59 | 0.01 |
| USD | SEATTLE GENETICS I COM USD0.001 | 277.00 | 43 547.17 | 0.01 |
| USD | SEMPRA ENERGY COM NPV | 712.00 | 89 932.72 | 0.02 |
| USD | SHERWIN-WILLIAMS COM USD1 | 193.00 | 114 613.05 | 0.02 |
| USD | SMITH A O COM | 222.00 | 10 545.00 | 0.00 |
| USD | SNAP INC COM USD0.00001 CL A | 1 642.00 | 31 099.48 | 0.01 |
| USD | SOUTHERN CO COM | 2 486.00 | 141 876.02 | 0.03 |
| USD | SPLUNK INC COM USD0.001 | 360.00 | 66 902.40 | 0.01 |
| USD | SS&C TECH HLDGS COM USD0.01 | 554.00 | 32 073.83 | 0.01 |
| USD | STRYKER CORP COM USD0.10 | 816.00 | 159 715.68 | 0.03 |
| USD | SUN COMMUNITIES COM USD0.01 | 232.00 | 31 828.08 | 0.01 |
| USD | SVB FINL GROUP COM | 103.00 | 22 119.25 | 0.00 |
| USD | SYNOPSYS INC COM USD0.01 | 2 502.00 | 452 636.82 | 0.09 |
| USD | TAKE TWO INTERACTI COM USD0.01 | 6 456.00 | 879 113.52 | 0.18 |
| USD | TELADOC HEALTH INC COM USD0.001 | 26.00 | 4 525.56 | 0.00 |
| USD | TELEDYNE TECHNOLOGIES INC COM | 83.00 | 31 051.96 | 0.01 |
| USD | TERADYNE INC COM USD0.125 | 454.00 | 30 427.08 | 0.01 |
| USD | TRANSUNION COM USD0.01 | 457.00 | 39 434.53 | 0.01 |
| USD | TRIMBLE INC COM NPV | 688.00 | 26 914.56 | 0.01 |
| USD | TWILIO INC COM USD0.001 CL A | 268.00 | 52 956.80 | 0.01 |
| USD | TYLER TECHNOLOGIES INC COM | 91.00 | 34 153.21 | 0.01 |
| USD | UDR INC | 651.00 | 24 073.98 | 0.01 |
| USD | UNITED PARCEL SERVICE INC CL B | 1 630.00 | 162 527.30 | 0.03 |
| USD | VEEVA SYSTEMS INC COM USD0.00001 CL 'A' | 318.00 | 69 600.66 | 0.01 |
| USD | VERISIGN INC COM | 255.00 | 55 847.55 | 0.01 |
| USD | VERISK ANALYTICS I CL A USD0.001 | 388.00 | 66 999.84 | 0.01 |
| USD | VERTEX PHARMACEUTI COM USD0.01 | 610.00 | 175 655.60 | 0.04 |
| USD | VICI PPTYS INC COM USD0.01 | 1 220.00 | 23 936.40 | 0.01 |
| USD | VMWARE INC COM STK USD0.01 CLASS 'A' | 177.00 | 27 659.79 | 0.01 |
| USD | VORNADO REALTY TR COM USD0.04 | 443.00 | 16 041.03 | 0.00 |
| USD | VULCAN MATERIALS COM STK USD1 | 351.00 | 38 020.32 | 0.01 |
| USD | W P CAREY INC COM USD0.001 | 499.00 | 29 895.09 | 0.01 |
| USD | WABTEC CORP COM | 458.00 | 27 970.06 | 0.01 |
| USD | WATERS CORP COM | 201.00 | 40 169.85 | 0.01 |
| USD | WAYFAIR INC COM USD0.001 A | 131.00 | 22 473.05 | 0.00 |
| USD | WEC ENERGY GROUP COM USD0.01 | 720.00 | 66 045.60 | 0.01 |
| USD | WEST PHARMACEUTICA COM USD0.25 | 180.00 | 38 887.20 | 0.01 |
| USD | WESTERN UN CO COM | 44 201.00 | 884 904.02 | 0.18 |
| USD | XCEL ENERGY INC COM | 1 277.00 | 83 043.31 | 0.02 |
| USD | ZEBRA TECHNOLOGIES CORP CL A | 112.00 | 29 267.84 | 0.01 |
| USD | ZILLOW GROUP INC COM USD0.0001 CLASS C WI | 212.00 | 12 293.88 | 0.00 |
| USD | ZOETIS INC COM USD0.01 CL 'A' | 1 109.00 | 154 583.51 | 0.03 |
| Total United States |  | 24 571 593.71 | 5.03 |
| Total Bearer shares |  | 67 258 727.60 | 13.76 |
| Other shares |  |  |  |
| United States |  |  |  |
| USD	CAMDEN PROP TST SBI USD0.01 | 292.00 | 26 738.44 | 0.01 |
| Total United States |  | 26 738.44 | 0.01 |
| Total Other shares |  | 26 738.44 | 0.01 |
| Preference shares |  |  |  |
| Germany |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 118.00 | 5 431.43 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 382.00 | 15 220.55 | 0.01 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 9 460.00 | 844 772.87 | 0.17 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 870.00 | 47 332.38 | 0.01 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 160.00 | 59 337.20 | 0.01 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 3 930.00 | 579 228.45 | 0.12 |
| Total Germany |  | 1 551 322.88 | 0.32 |
| Total Preference shares |  | 1 551 322.88 | 0.32 |
| Registered shares |  |  |  |
| Argentina |  |  |  |
| USD	MERCADOLIBRE INC COM STK USD0.001 | 103.00 | 87 722.01 | 0.02 |
| Total Argentina |  | 87 722.01 | 0.02 |
| Australia |  |  |  |
| AUD	AMPOL LTD NPV | 1 409.00 | 25 337.12 | 0.01 |
| AUD	BENDIGO & ADELAIDE NPV | 2 274.00 | 9 283.30 | 0.00 |
| AUD	BHP GROUP LTD NPV | 35 514.00 | 816 610.05 | 0.17 |
| GBP	BHP GROUP PLC ORD USD0.50 | 5 804.00 | 113 458.77 | 0.02 |
| AUD	COLES GROUP LTD NPV | 55 083.00 | 561 624.51 | 0.11 |
| Total Australia |  | 1 526 313.75 | 0.31 |
| Belgium |  |  |  |
| EUR	AGEAS NPV | 809.00 | 27 599.66 | 0.01 |
| EUR	KBC GROUP NV NPV | 1 300.00 | 68 065.81 | 0.02 |
| EUR	TELENET GRP HLDG NPV | 340.00 | 13 940.42 | 0.00 |
| EUR	UCB NPV | 676.00 | 67 675.38 | 0.01 |
| Total Belgium |  | 177 281.27 | 0.04 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Bermuda |  |  |  |  |
| USD | ARCH CAPITAL GROUP COM USD0.01 | 1 178.00 | 33 243.16 | 0.01 |
| USD | EVEREST RE GROUP COM USD0.01 | 87.00 | 17 261.67 | 0.00 |
| USD | RENAISSANCE RE HLG COM USD1 | 122.00 | 20 478.92 | 0.00 |
| Total Bermuda	70 983.75	0.01 |
| Canada |  |  |  |  |
| USD | LULULEMON ATHLETIC COM STK USD0.01 | 261.00 | 78 324.80 | 0.02 |
| Total Canada | 78 324.80 | 0.02 |
| Finland |  |  |  |  |
| EUR | ELISA OYJ NPV | 736.00 | 46 157.72 | 0.01 |
| EUR | FORTUM OYJ EUR3.40 | 11 062.00 | 211 888.93 | 0.04 |
| EUR | NESTE OIL OYJ NPV | 2 112.00 | 85 325.97 | 0.02 |
| EUR | NOKIA OYJ NPV | 29 061.00 | 115 258.37 | 0.02 |
| EUR | ORION CORP SER'B'NPV | 540.00 | 28 892.18 | 0.01 |
| EUR | SAMPO PLC SER'A'NPV | 2 209.00 | 78 924.66 | 0.02 |
| EUR | STORA ENSO OYJ NPV SER'R' | 2 536.00 | 31 100.64 | 0.01 |
| EUR | UPM-KYMMENE CORP NPV | 2 358.00 | 68 117.26 | 0.01 |
| Total Finland	665 665.73	0.14 |
| France |  |  |  |  |
| EUR | BOLLORE EUR0.16 (RFD 01/01/2020) | 11.00 | 31.57 | 0.00 |
| EUR | GECINA EUR7.50 | 221.00 | 28 442.46 | 0.00 |
| EUR | MICHELIN (CGDE) EUR2 | 848.00 | 85 705.77 | 0.02 |
| Total France | 114 179.80 | 0.02 |
| Germany |  |  |  |  |
| EUR | ADIDAS AG NPV (REGD) | 963.00 | 254 086.99 | 0.05 |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 7 710.00 | 1 396 379.90 | 0.29 |
| EUR | BASF SE NPV | 4 154.00 | 224 774.04 | 0.05 |
| EUR | BAYER AG NPV (REGD) | 8 873.00 | 599 299.21 | 0.12 |
| EUR | BRENNTAG AG | 723.00 | 38 128.50 | 0.01 |
| EUR | DAIMLER AG ORD NPV(REGD) | 4 269.00 | 158 509.01 | 0.03 |
| EUR | DELIVERY HERO SE NPV | 566.00 | 54 258.07 | 0.01 |
| EUR | DEUTSCHE BANK AG NPV(REGD) | 10 251.00 | 85 873.73 | 0.02 |
| EUR | DEUTSCHE BOERSE AG NPV(REGD) | 959.00 | 157 771.39 | 0.03 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 902.00 | 9 172.53 | 0.00 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 4 784.00 | 148 895.08 | 0.03 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 17 137.00 | 270 208.70 | 0.06 |
| EUR | E.ON SE NPV | 11 482.00 | 121 410.66 | 0.02 |
| EUR | EVONIK INDUSTRIES NPV | 1 131.00 | 27 866.20 | 0.01 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 279.00 | 44 875.98 | 0.01 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 6 530.00 | 136 963.30 | 0.03 |
| EUR | LEG IMMOBILIEN AG NPV | 40.00 | 4 986.89 | 0.00 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 274.00 | 44 163.19 | 0.01 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 739.00 | 168 186.65 | 0.03 |
| EUR | SIEMENS AG NPV(REGD) | 3 791.00 | 415 493.01 | 0.09 |
| EUR | SIEMENS HEALTHINEE NPV | 3 381.00 | 174 748.15 | 0.04 |
| EUR | TELEFONICA DEUTSCH NPV | 130 750.00 | 402 286.38 | 0.08 |
| EUR | UNIPER SE NPV | 8 075.00 | 252 400.56 | 0.05 |
| EUR | UNITED INTERNET AG NPV(REGD) | 501.00 | 20 552.76 | 0.00 |
| EUR | VONOVIA SE NPV | 2 623.00 | 151 078.20 | 0.03 |
| Total Germany	5 362 369.08	1.10 |
| Ireland |  |  |  |  |
| USD | ACCENTURE PLC SHS CL A 'NEW' | 7 236.00 | 1 458 922.32 | 0.30 |
| USD | ALLEGION PLC CIM USD0.01 | 279.00 | 27 816.30 | 0.00 |
| USD | APTIV PLC COM USD0.01 | 593.00 | 44 682.55 | 0.01 |
| EUR | CRH ORD EUR0.32 | 9 721.00 | 316 825.42 | 0.06 |
| USD | EATON CORP PLC COM USD0.01 | 971.00 | 82 437.90 | 0.02 |
| GBP | EXPERIAN ORD USD0.10 | 2 450.00 | 85 203.94 | 0.02 |
| USD | JAZZ PHARMA PLC COM USD0.0001 | 3 533.00 | 421 557.56 | 0.09 |
| EUR | KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 592.00 | 36 580.30 | 0.01 |
| USD | MEDTRONIC PLC USD0.0001 | 14 574.00 | 1 436 704.92 | 0.29 |
| USD | PENTAIR PLC COM USD0.01 | 381.00 | 14 912.34 | 0.00 |
| USD | PERRIGO CO LTD COM EUR0.001 | 333.00 | 18 238.41 | 0.00 |
| EUR | SMURFIT KAPPA GRP ORD EUR0.001 | 935.00 | 30 431.78 | 0.01 |
| USD | STERIS PLC ORD USD0.001 | 228.00 | 37 822.92 | 0.01 |
| Total Ireland |  | 4 012 136.66 | 0.82 |
| Isle of Man |  |  |  |
| GBP	GVC HLDGS PLC ORD EUR0.01 | 1 921.00 | 18 828.47 | 0.00 |
| Total Isle of Man |  | 18 828.47 | 0.00 |
| Italy |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 2 629.00 | 42 681.16 | 0.01 |
| EUR	DAVIDE DE CAMPARI EUR0.05 (POST SUBD) | 2 854.00 | 23 174.92 | 0.00 |
| EUR	ENEL EUR1 | 40 623.00 | 311 835.44 | 0.06 |
| EUR	ENI SPA EUR1 | 11 980.00 | 108 246.72 | 0.02 |
| EUR	FERRARI NV EUR0.01(NEW) | 599.00 | 101 210.61 | 0.02 |
| EUR	INTESA SANPAOLO NPV | 561 627.00 | 969 824.32 | 0.20 |
| EUR	MEDIOBANCA SPA EUR0.5 | 3 924.00 | 25 473.33 | 0.00 |
| EUR	MONCLER SPA NPV | 893.00 | 33 226.84 | 0.01 |
| EUR	PIRELLI & C SPA NPV | 1 172.00 | 5 253.81 | 0.00 |
| EUR	PRYSMIAN SPA EUR0.10 | 1 306.00 | 27 812.50 | 0.01 |
| EUR	RECORDATI EUR0.125 | 624.00 | 28 402.83 | 0.01 |
| EUR	SNAM EUR1 | 10 062.00 | 46 829.28 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 7 987.00 | 53 927.94 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 50 914.00 | 434 157.68 | 0.09 |
| Total Italy |  | 2 212 057.38 | 0.45 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Japan |  |  |  |  |
| JPY | AEON CO LTD NPV | 1 500.00 | 33 185.59 | 0.01 |
| JPY | AGC INC NPV | 200.00 | 5 662.04 | 0.00 |
| JPY | AJINOMOTO CO INC NPV | 1 000.00 | 17 051.10 | 0.00 |
| JPY | ALFRESA HOLDINGS NPV | 400.00 | 8 067.94 | 0.00 |
| JPY | ANA HOLDINGS INC NPV | 500.00 | 12 062.00 | 0.00 |
| JPY | ASAHI GROUP HLDGS NPV | 21 900.00 | 824 896.28 | 0.17 |
| JPY | ASAHI KASEI CORP NPV | 2 900.00 | 22 880.22 | 0.01 |
| JPY | ASTELLAS PHARMA NPV | 4 200.00 | 74 635.91 | 0.02 |
| JPY | BRIDGESTONE CORP NPV | 1 300.00 | 43 162.39 | 0.01 |
| JPY | BROTHER INDUSTRIES NPV | 900.00 | 16 949.92 | 0.00 |
| JPY | CANON INC NPV | 2 200.00 | 45 313.03 | 0.01 |
| JPY | CASIO COMPUTER CO NPV | 500.00 | 8 804.01 | 0.00 |
| JPY | CHUBU ELEC POWER NPV | 1 500.00 | 20 202.35 | 0.01 |
| JPY | CHUGOKU ELEC POWER NPV | 800.00 | 10 989.93 | 0.00 |
| JPY | DAI NIPPON PRINTNG NPV | 500.00 | 11 365.85 | 0.00 |
| JPY | DAIWA SECS GROUP NPV | 4 400.00 | 18 243.65 | 0.00 |
| JPY | DENSO CORP NPV | 900.00 | 34 509.68 | 0.01 |
| JPY | DENTSU GROUP INC NPV | 500.00 | 13 389.34 | 0.00 |
| JPY | EAST JAPAN RAILWAY NPV | 700.00 | 54 903.24 | 0.01 |
| JPY | ELEC POWER DEV NPV | 400.00 | 7 548.15 | 0.00 |
| JPY | FAMILYMART CO LTD NPV | 700.00 | 13 118.30 | 0.00 |
| JPY | FUJI FILM HLD CORP NPV | 7 100.00 | 328 260.09 | 0.07 |
| JPY | FUJITSU NPV | 1 900.00 | 195 758.11 | 0.04 |
| JPY | HAKUHODO DY HLDGS NPV | 600.00 | 7 457.19 | 0.00 |
| JPY | HAMAMATSU PHOTONIC NPV | 400.00 | 18 118.53 | 0.00 |
| JPY | HINO MOTORS NPV | 1 100.00 | 7 443.26 | 0.00 |
| JPY | HITACHI NPV | 2 100.00 | 67 345.80 | 0.01 |
| JPY | HONDA MOTOR CO NPV | 3 700.00 | 95 612.38 | 0.02 |
| JPY | HOYA CORP NPV | 7 200.00 | 675 657.87 | 0.14 |
| JPY | IIDA GROUP HOLDING NPV | 600.00 | 8 910.75 | 0.00 |
| JPY | INPEX CORPORATION NPV | 1 500.00 | 10 454.82 | 0.00 |
| JPY | ITOCHU CORP NPV | 41 600.00 | 891 966.41 | 0.18 |
| JPY | JAPAN AIRLINES CO NPV | 400.00 | 7 860.03 | 0.00 |
| JPY | JAPAN POST BANK CO NPV | 1 500.00 | 12 391.52 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 3 400.00 | 24 745.35 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 2 600.00 | 51 584.91 | 0.01 |
| JPY | JFE HOLDINGS INC NPV | 1 600.00 | 11 762.19 | 0.00 |
| JPY | JXTG HOLDINGS INC NPV | 7 000.00 | 26 918.83 | 0.01 |
| JPY | KDDI CORP NPV | 32 900.00 | 957 668.36 | 0.20 |
| JPY | KEYENCE CORP NPV | 400.00 | 164 663.30 | 0.03 |
| JPY | KONAMI HOLDINGS CORP NPV | 200.00 | 7 026.50 | 0.00 |
| JPY | KONICA MINOLTA INC NPV | 1 700.00 | 6 296.00 | 0.00 |
| JPY | KUBOTA CORP NPV | 2 300.00 | 30 944.91 | 0.01 |
| JPY | KYOCERA CORP NPV | 700.00 | 37 886.48 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 400.00 | 10 848.84 | 0.00 |
| JPY | LAWSON INC NPV | 15 600.00 | 863 006.46 | 0.18 |
| JPY | LIXIL GROUP CORP COM NPV | 1 000.00 | 13 960.18 | 0.00 |
| JPY | MARUBENI CORP NPV | 72 400.00 | 351 667.71 | 0.07 |
| JPY | MAZDA MOTOR CORP NPV | 2 000.00 | 12 790.64 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 14 000.00 | 277 699.91 | 0.06 |
| JPY | MERCARI INC NPV | 200.00 | 5 959.07 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 2 600.00 | 15 307.75 | 0.00 |
| JPY | MITSUBISHI CORP NPV | 3 200.00 | 74 701.82 | 0.02 |
| JPY | MITSUBISHI ELEC CP NPV | 4 700.00 | 61 882.86 | 0.01 |
| JPY | MITSUBISHI ESTATE NPV | 2 500.00 | 39 750.31 | 0.01 |
| JPY | MITSUBISHI HVY IND NPV | 14 800.00 | 382 930.34 | 0.08 |
| JPY | MITSUBISHI MATERLS NPV | 200.00 | 4 553.77 | 0.00 |
| JPY | MITSUBISHI UFJ FIN NPV | 28 700.00 | 118 332.39 | 0.03 |
| JPY | MITSUI & CO NPV | 3 800.00 | 57 686.92 | 0.01 |
| JPY | MIZUHO FINL GP NPV | 57 000.00 | 71 160.72 | 0.02 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 900.00 | 26 439.88 | 0.01 |
| JPY | MURATA MFG CO NPV | 1 200.00 | 66 997.73 | 0.01 |
| JPY | NEC CORP NPV | 600.00 | 26 927.18 | 0.01 |
| JPY | NEXON CO LTD NPV | 1 100.00 | 22 932.19 | 0.01 |
| JPY | NGK INSULATORS NPV | 800.00 | 11 725.07 | 0.00 |
| JPY | NGK SPARK PLUG CO NPV | 500.00 | 8 061.45 | 0.00 |
| JPY | NIKON CORP NPV | 800.00 | 7 351.37 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 200.00 | 80 827.96 | 0.02 |
| JPY | NIPPON PROLOGIS RE REIT | 4.00 | 11 286.95 | 0.00 |
| JPY | NIPPON TEL&TEL CP NPV | 38 800.00 | 880 189.36 | 0.18 |
| JPY | NIPPON YUSEN KK NPV | 600.00 | 8 649.00 | 0.00 |
| JPY | NISSAN MOTOR CO NPV | 5 500.00 | 20 466.42 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 36 300.00 | 155 968.54 | 0.03 |
| JPY | NOMURA REAL EST MA REIT | 11.00 | 13 528.57 | 0.00 |
| JPY | NOMURA RESEARCH IN NPV | 600.00 | 15 861.14 | 0.00 |
| JPY | NTT DATA CORP NPV | 1 400.00 | 16 178.59 | 0.00 |
| JPY | NTT DOCOMO NPV | 24 600.00 | 673 939.77 | 0.14 |
| JPY | OMRON CORP NPV | 400.00 | 26 509.49 | 0.01 |
| JPY | ORIX CORP NPV | 2 800.00 | 37 139.28 | 0.01 |
| JPY | OSAKA GAS CO NPV | 1 000.00 | 19 984.22 | 0.01 |
| JPY | OTSUKA CORP NPV | 200.00 | 9 653.32 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 900.00 | 40 633.04 | 0.01 |
| JPY | PANASONIC CORP NPV | 4 700.00 | 42 011.42 | 0.01 |
| JPY | PARK 24 CO LTD NPV | 400.00 | 7 763.49 | 0.00 |
| JPY | RENESAS ELECTRONIC NPV | 1 100.00 | 5 707.52 | 0.00 |
| JPY | RESONA HOLDINGS NPV | 6 900.00 | 24 837.05 | 0.01 |
| JPY | RICOH CO NPV | 1 700.00 | 12 560.45 | 0.00 |
| JPY | ROHM CO LTD NPV | 200.00 | 13 458.95 | 0.00 |
| JPY | SANTEN PHARM CO NPV | 1 000.00 | 18 471.25 | 0.00 |
| JPY | SEGA SAMMY HLDGS I NPV | 800.00 | 10 425.58 | 0.00 |
| JPY | SEIKO EPSON CORP NPV | 700.00 | 7 887.87 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 1 200.00 | 16 763.35 | 0.00 |
| JPY | SEVEN & I HOLDINGS NPV | 7 500.00 | 256 671.46 | 0.05 |
| JPY | SG HOLDINGS CO LTD NPV | 300.00 | 9 787.91 | 0.00 |
| JPY | SHIMADZU CORP NPV | 400.00 | 10 822.85 | 0.00 |
| JPY | SOFTBANK CORP NPV | 4 300.00 | 54 520.82 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | SOFTBANK GROUP CO NPV | 3 500.00 | 156 977.77 | 0.03 |
| JPY | SOHGO SECURITY SER NPV | 200.00 | 9 838.96 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 800.00 | 28 455.01 | 0.01 |
| JPY | SONY CORP NPV | 6 700.00 | 427 491.53 | 0.09 |
| JPY | SUBARU CORPORATION NPV | 1 400.00 | 30 908.25 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 500.00 | 7 662.32 | 0.00 |
| JPY | SUMITOMO CORP NPV | 2 400.00 | 28 915.39 | 0.01 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 500.00 | 7 068.27 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 1 500.00 | 17 466.47 | 0.00 |
| JPY | SUMITOMO MITSUI FG NPV | 3 100.00 | 89 747.07 | 0.02 |
| JPY | SUMITOMO MITSUI TR NPV | 600.00 | 17 660.00 | 0.00 |
| JPY | SUMITOMO RLTY&DEV NPV | 900.00 | 24 932.01 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 3 300.00 | 128 373.32 | 0.03 |
| JPY | TDK CORP NPV | 300.00 | 28 068.87 | 0.01 |
| JPY | TOKIO MARINE HLDG NPV | 1 300.00 | 56 327.10 | 0.01 |
| JPY | TOKYO ELEC POWER H NPV | 1 300.00 | 4 380.19 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 300.00 | 59 869.12 | 0.01 |
| JPY | TOKYU FUDOSAN HLDG NPV | 1 500.00 | 7 601.99 | 0.00 |
| JPY | TOPPAN PRINTING CO NPV | 600.00 | 10 264.07 | 0.00 |
| JPY | TOSHIBA CORP NPV | 1 000.00 | 27 326.31 | 0.01 |
| JPY | TOYO SEIKAN GROUP NPV | 600.00 | 6 382.33 | 0.00 |
| JPY | TOYOTA MOTOR CORP NPV | 5 100.00 | 319 770.74 | 0.07 |
| JPY | TREND MICRO INC NPV | 300.00 | 16 484.89 | 0.00 |
| JPY | UNICHARM CORP NPV | 1 000.00 | 37 220.96 | 0.01 |
| JPY | UNITED URBAN INVESTMENT CORP | 10.00 | 10 600.08 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 400.00 | 25 807.77 | 0.01 |
| JPY | YAMADA DENKI CO NPV | 2 200.00 | 10 700.33 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 300.00 | 4 330.07 | 0.00 |
| JPY | YAMAZAKI BAKING CO NPV | 200.00 | 3 584.72 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 500.00 | 17 960.74 | 0.00 |
| JPY | YOKOGAWA ELECTRIC NPV | 200.00 | 2 881.14 | 0.00 |
| JPY | YOKOHAMA RUBBER CO NPV | 500.00 | 7 550.94 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 5 300.00 | 21 645.70 | 0.01 |
| Total Japan |  | 11 633 109.12 | 2.38 |
| Luxembourg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 4 320.00 | 41 350.06 | 0.01 |
| EUR	TENARIS S.A. USD1 | 2 646.00 | 16 458.81 | 0.00 |
| Total Luxembourg |  | 57 808.87 | 0.01 |
| The Netherlands |  |  |  |
| EUR	ADYEN NV EUR0.01 | 58.00 | 76 322.78 | 0.02 |
| EUR	AEGON NV EUR0.12 | 8 912.00 | 23 841.40 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 2 118.00 | 690 177.69 | 0.14 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 5 411.00 | 32 815.18 | 0.01 |
| EUR	FIAT CHRYSLER AUTO EUR0.01 | 4 482.00 | 39 595.26 | 0.01 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 905.00 | 115 818.16 | 0.02 |
| EUR	NN GROUP N.V. EUR0.12 | 1 626.00 | 50 227.07 | 0.01 |
| EUR	PROSUS N.V. EUR0.05 | 2 518.00 | 208 946.94 | 0.04 |
| GBP	ROYAL DUTCH SHELL PLC 'A'SHS EUR0.07 | 10 914.00 | 169 903.58 | 0.03 |
| Total The Netherlands |  | 1 407 648.06 | 0.29 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 74 902.00 | 351 848.71 | 0.07 |
| EUR	GALP ENERGIA EUR1-B | 2 295.00 | 27 353.72 | 0.01 |
| EUR	JERONIMO MARTINS EUR5 | 1 212.00 | 20 734.83 | 0.00 |
| Total Portugal |  | 399 937.26 | 0.08 |
| Spain |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 118 810.00 | 269 272.55 | 0.06 |
| EUR	BANKINTER SA EUR0.3(REGD) | 4 259.00 | 18 054.61 | 0.00 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 31 339.00 | 97 363.81 | 0.02 |
| EUR	MAPFRE SA EUR0.10 | 6 475.00 | 11 401.51 | 0.00 |
| Total Spain |  | 396 092.48 | 0.08 |
| Sweden |  |  |  |
| USD	AUTOLIV INC COM | 216.00 | 13 733.28 | 0.00 |
| Total Sweden |  | 13 733.28 | 0.00 |
| Switzerland |  |  |  |
| USD	CHUBB LIMITED ORD CHF24.15 | 1 062.00 | 129 500.28 | 0.03 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 524.00 | 13 202.60 | 0.00 |
| USD	GARMIN LTD COM CHF10.00 | 4 770.00 | 430 110.90 | 0.09 |
| USD	TE CONNECTIVITY LT COM CHF0.57 | 766.00 | 62 237.50 | 0.01 |
| Total Switzerland |  | 635 051.28 | 0.13 |
| United Kingdom |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 587.00 | 16 930.77 | 0.00 |
| USD	AMCOR PLC ORD USD0.01 | 3 701.00 | 37 787.21 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 2 426.00 | 51 005.49 | 0.01 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 1 773.00 | 19 210.33 | 0.00 |
| USD	AON PLC COM USD0.01 CL A | 547.00 | 107 731.65 | 0.02 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 1 202.00 | 35 560.76 | 0.01 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 856.00 | 19 271.15 | 0.00 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 2 829.00 | 19 523.01 | 0.01 |
| GBP	BARCLAYS ORD GBP0.25 | 52 790.00 | 75 210.56 | 0.02 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 2 149.00 | 108 796.32 | 0.02 |
| GBP	BP ORD USD0.25 | 55 159.00 | 208 500.31 | 0.04 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 981.00 | 18 137.58 | 0.00 |
| USD	CAPRI HOLDINGS LTD COM NPV | 424.00 | 6 376.96 | 0.00 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 4 585.00 | 67 114.28 | 0.01 |
| GBP	CRODA INTL ORD GBP0.10609756 | 243.00 | 15 591.84 | 0.00 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 5 901.00 | 203 578.32 | 0.04 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 2 305.00 | 7 540.23 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 620.00 | 48 795.77 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| GBP | GLAXOSMITHKLINE ORD GBP0.25 | 13 477.00 | 278 548.89 | 0.06 |
| GBP | HARGREAVES LANSDOW ORD GBP0.004 (WI) | 763.00 | 17 295.35 | 0.00 |
| GBP | HSBC HLDGS ORD USD0.50(UK REG) | 55 435.00 | 253 645.42 | 0.05 |
| GBP | IMPERIAL BRANDS PL GBP0.10 | 2 594.00 | 47 030.10 | 0.01 |
| GBP | INTERCONTL HOTELS ORD GBP0.208521303 | 516.00 | 24 694.30 | 0.01 |
| GBP | INTERTEK GROUP ORD GBP0.01 | 415.00 | 28 249.33 | 0.01 |
| GBP | LEGAL & GENERAL GP ORD GBP0.025 | 14 460.00 | 35 485.64 | 0.01 |
| USD | LIBERTY GLOBAL INC USD0.01 C | 826.00 | 17 040.38 | 0.00 |
| USD | LINDE PLC COM EUR0.001 | 1 263.00 | 255 555.42 | 0.05 |
| GBP | LONDON STOCK EXCH ORD GBP0.06918604 | 856.00 | 84 979.31 | 0.02 |
| GBP | M&G PLC ORD GBP0.05 | 4 765.00 | 8 247.36 | 0.00 |
| GBP | MONDI ORD EUR0.20 | 1 477.00 | 27 536.31 | 0.01 |
| GBP | MORRISON(W)SUPRMKT ORD GBP0.10 | 86 003.00 | 198 509.72 | 0.04 |
| GBP | NEXT ORD GBP0.10 | 2 202.00 | 132 414.26 | 0.03 |
| GBP | PEARSON ORD GBP0.25 | 1 780.00 | 10 197.65 | 0.00 |
| GBP | PERSIMMON ORD GBP0.10 | 5 769.00 | 163 541.68 | 0.03 |
| GBP | PRUDENTIAL ORD GBP0.05 | 6 612.00 | 85 586.13 | 0.02 |
| GBP | RIO TINTO ORD GBP0.10 | 2 837.00 | 151 273.43 | 0.03 |
| GBP | ROYAL BK SCOT GRP ORD GBP1 (POST CONS) | 14 914.00 | 20 346.53 | 0.01 |
| GBP | RSA INSURANCE GRP ORD GBP1.00 | 2 174.00 | 10 597.66 | 0.00 |
| GBP | SAINSBURY(J) ORD GBP0.28571428 | 172 091.00 | 412 746.84 | 0.09 |
| GBP | SCHRODERS VTG SHS GBP1 | 291.00 | 10 631.01 | 0.00 |
| GBP | SMITH & NEPHEW ORD USD0.20 | 7 472.00 | 151 681.94 | 0.03 |
| GBP | STANDARD CHARTERED ORD USD0.50 | 6 736.00 | 30 679.30 | 0.01 |
| GBP | STD LIFE ABERDEEN ORD GBP0.1396825396 | 5 146.00 | 16 433.05 | 0.00 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 10 289.00 | 18 266.33 | 0.00 |
| USD | TECHNIPFMC PLC COM USD1 | 149.00 | 1 102.60 | 0.00 |
| GBP | TESCO ORD GBP0.05 | 27 438.00 | 77 443.01 | 0.02 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 10 313.00 | 552 328.35 | 0.11 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 132 979.00 | 218 687.46 | 0.05 |
| Total United Kingdom |  | 4 407 437.30 | 0.90 |
| United States |  |  |  |
| USD	ABBOTT LABS COM | 4 212.00 | 399 803.04 | 0.08 |
| USD	ABBVIE INC COM USD0.01 | 8 330.82 | 772 017.09 | 0.16 |
| USD	ABIOMED INC COM | 115.00 | 25 748.50 | 0.01 |
| USD	ACTIVISION BLIZZAR COM STK USD0.000001 | 1 807.00 | 130 067.86 | 0.03 |
| USD	ADOBE INC COM USD0.0001 | 1 783.00 | 689 307.80 | 0.14 |
| USD	ADVANCE AUTO PARTS COM USD0.0001 | 156.00 | 21 733.92 | 0.00 |
| USD	ADVANCED MICRO DEV COM USD0.01 | 2 464.00 | 132 563.20 | 0.03 |
| USD	AES CORP COM | 1 352.00 | 16 886.48 | 0.00 |
| USD	AGILENT TECHNOLOGIES INC COM | 666.00 | 58 701.24 | 0.01 |
| USD	AGNC INV CORP COM USD0.01 | 1 208.00 | 15 631.52 | 0.00 |
| USD	AIR PRODS & CHEMS COM USD1 | 522.00 | 126 141.30 | 0.03 |
| USD	ALEXANDRIA REAL ESTATE EQ INC COM | 289.00 | 44 425.08 | 0.01 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 8 336.00 | 999 486.40 | 0.20 |
| USD	ALLSTATE CORP COM | 741.00 | 72 477.21 | 0.02 |
| USD	ALLY FINANCIAL INC COM USD0.01 | 1 119.00 | 19 515.36 | 0.00 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 1 198.00 | 1 717 356.96 | 0.35 |
| USD	ALTRIA GROUP INC COM USD0.333333 | 4 545.00 | 177 482.25 | 0.04 |
| USD	AMAZON COM INC COM USD0.01 | 1 783.00 | 4 354 745.71 | 0.89 |
| USD	AMER EXPRESS CO COM USD0.20 | 1 599.00 | 152 016.93 | 0.03 |
| USD	AMER FINL GP OHIO COM NPV | 2 096.00 | 126 263.04 | 0.03 |
| USD	AMER INTL GRP COM USD2.50 | 2 102.00 | 63 186.12 | 0.01 |
| USD	AMER TOWER CORP COM NEW USD0.01 | 1 036.00 | 267 464.12 | 0.05 |
| USD	AMEREN CORP COM | 551.00 | 41 176.23 | 0.01 |
| USD	AMERIPRISE FINL INC COM | 7 055.00 | 988 193.85 | 0.20 |
| USD	AMERISOURCEBERGEN COM STK USD0.01 | 3 575.00 | 340 840.50 | 0.07 |
| USD	AMETEK INC COM USD0.01 | 567.00 | 51 999.57 | 0.01 |
| USD	AMGEN INC COM USD0.0001 | 6 223.00 | 1 429 423.10 | 0.29 |
| USD	AMPHENOL CORP NEW CL A | 708.00 | 68 364.48 | 0.01 |
| USD	ANALOG DEVICES INC COM | 875.00 | 98 831.25 | 0.02 |
| USD	ANNALY CAPITAL MAN COM USD0.01 | 4 128.00 | 25 428.48 | 0.01 |
| USD	ANTHEM INC COM USD0.01 | 593.00 | 174 407.23 | 0.04 |
| USD	APACHE CORP COM USD0.625 | 904.00 | 9 754.16 | 0.00 |
| USD	APOLLO GLOBAL MANA COM USD0.00001 CLASS A | 110.00 | 5 236.00 | 0.00 |
| USD	APPLE INC COM NPV | 23 454.00 | 7 456 964.76 | 1.53 |
| USD	APPLIED MATLS INC COM | 10 799.00 | 606 687.82 | 0.12 |
| USD	ARAMARK COM USD0.01 | 612.00 | 15 844.68 | 0.00 |
| USD	ARCHER DANIELS MIDLAND CO COM | 11 408.00 | 448 448.48 | 0.09 |
| USD	ASSURANT INC COM | 175.00 | 17 951.50 | 0.00 |
| USD	AT&T INC COM USD1 | 17 287.00 | 533 476.82 | 0.11 |
| USD	ATHENE HOLDING LTD COM USD0.001 CL A | 4 165.00 | 120 326.85 | 0.02 |
| USD	ATMOS ENERGY CORP COM | 334.00 | 34 328.52 | 0.01 |
| USD	AUTO DATA PROCESS COM USD0.10 | 7 034.00 | 1 030 410.66 | 0.21 |
| USD	AUTODESK INC COM USD0.01 | 515.00 | 108 345.70 | 0.02 |
| USD	AUTOZONE INC COM USD0.01 | 59.00 | 67 723.74 | 0.01 |
| USD	AVALARA INC COM USD0.0001 | 50.00 | 5 353.00 | 0.00 |
| USD	AVALONBAY COMMUNI COM USD0.01 | 373.00 | 58 191.73 | 0.01 |
| USD	AVANTOR INC COM USD0.01 | 272.00 | 5 159.84 | 0.00 |
| USD	AVERY DENNISON CORP COM | 202.00 | 22 355.34 | 0.00 |
| USD	AXALTA COATING SYS COM USD1.00 | 678.00 | 15 668.58 | 0.00 |
| USD	BALL CORP COM NPV | 795.00 | 56 651.70 | 0.01 |
| USD	BAXTER INTL INC COM USD1 | 1 131.00 | 101 801.31 | 0.02 |
| USD	BECTON DICKINSON COM USD1 | 658.00 | 162 479.94 | 0.03 |
| USD	BEST BUY CO INC COM USD0.10 | 11 095.00 | 866 408.55 | 0.18 |
| USD	BIOGEN INC COM STK USD0.0005 | 3 316.00 | 1 018 310.44 | 0.21 |
| USD	BK OF AMERICA CORP COM USD0.01 | 17 912.00 | 432 037.44 | 0.09 |
| USD	BK OF NY MELLON CP COM STK USD0.01 | 1 910.00 | 70 994.70 | 0.01 |
| USD	BLACKSTONE GRP INC COM USD0.00001 CLASS A | 1 500.00 | 85 200.00 | 0.02 |
| USD	BOEING CO COM USD5 | 1 242.00 | 181 145.70 | 0.04 |
| USD	BOOKING HLDGS INC COM USD0.008 | 594.00 | 973 815.48 | 0.20 |
| USD	BORG WARNER INC COM | 612.00 | 19 675.80 | 0.00 |
| USD	BRISTOL-MYRS SQUIB COM STK USD0.10 | 9 596.00 | 573 073.12 | 0.12 |
| USD	BROADCOM CORP COM USD1.00 | 964.00 | 280 784.28 | 0.06 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | BUNGE LIMITED COM USD0.01 | 408.00 | 15 920.16 | 0.00 |
| USD | BURLINGTON STORES COM USD0.0001 | 160.00 | 33 547.20 | 0.01 |
| USD | CAPITAL ONE FINL COM USD0.01 | 1 095.00 | 74 503.80 | 0.02 |
| USD | CARDINAL HEALTH INC COM | 654.00 | 35 767.26 | 0.01 |
| USD | CARLYLE GROUP INC COM USD0.01 | 200.00 | 5 532.00 | 0.00 |
| USD | CARMAX INC COM USD0.50 | 461.00 | 40 591.05 | 0.01 |
| USD | CARNIVAL CORP COM USD0.01(PAIRED STOCK) | 11 123.00 | 175 076.02 | 0.04 |
| USD | CARRIER GLOBAL COR COM USD0.01 | 2 011.00 | 41 165.17 | 0.01 |
| USD | CATERPILLAR INC DEL COM | 6 616.00 | 794 780.08 | 0.16 |
| USD | CBOE GLOBAL MARKET COM USD0.01 | 1 378.00 | 146 701.88 | 0.03 |
| USD | CBRE GROUP INC CLASS 'A' USD0.01 | 18 578.00 | 817 060.44 | 0.17 |
| USD | CELANESE CORP COM SERIES 'A' USD0.0001 | 387.00 | 34 795.17 | 0.01 |
| USD | CENTENE CORP DEL COM | 1 321.00 | 87 516.25 | 0.02 |
| USD | CENTERPOINT ENERGY INC COM | 936.00 | 16 642.08 | 0.00 |
| USD | CENTURYLINK INC COM | 68 150.00 | 669 914.50 | 0.14 |
| USD | CF INDS HLDGS INC COM | 530.00 | 15 566.10 | 0.00 |
| USD | CH ROBINSON WORLDW COM USD0.1 | 10 242.00 | 830 933.46 | 0.17 |
| USD | CHARTER COMMUN INC COM USD0.001 CLASS 'A' | 347.00 | 188 768.00 | 0.04 |
| USD | CHEVRON CORP COM USD0.75 | 4 575.00 | 419 527.50 | 0.09 |
| USD | CHIPOTLE MEXICAN GRILL INC CL A | 64.00 | 64 250.24 | 0.01 |
| USD | CHURCH & DWIGHT INC COM | 6 651.00 | 499 290.57 | 0.10 |
| USD | CIGNA CORP COM USD0.25 | 910.00 | 179 561.20 | 0.04 |
| USD | CISCO SYSTEMS COM USD0.001 | 37 638.00 | 1 799 849.16 | 0.37 |
| USD | CITIGROUP INC COM USD0.01 | 5 286.00 | 253 252.26 | 0.05 |
| USD | CITIZENS FINL GP COM USD0.01 | 26 185.00 | 631 058.50 | 0.13 |
| USD | CITRIX SYSTEMS INC COM USD0.001 | 4 851.00 | 718 530.12 | 0.15 |
| USD | COGNIZANT TECHNOLO COM CL'A'USD0.01 | 1 274.00 | 67 522.00 | 0.01 |
| USD | COMCAST CORP COM CLS'A' USD0.01 | 10 732.00 | 424 987.20 | 0.09 |
| USD | COMERICA INC COM | 10 454.00 | 380 002.90 | 0.08 |
| USD | CONAGRA BRANDS IN COM USD5 | 1 178.00 | 40 982.62 | 0.01 |
| USD | CONCHO RES INC COM USD0.001 | 558.00 | 30 422.16 | 0.01 |
| USD | CONOCOPHILLIPS COM USD0.01 | 2 444.00 | 103 087.92 | 0.02 |
| USD | CONSOLIDATED EDISON INC COM | 770.00 | 57 796.20 | 0.01 |
| USD | COOPER COS INC COM USD0.10 | 118.00 | 37 403.64 | 0.01 |
| USD | CORNING INC COM USD0.50 | 1 972.00 | 44 941.88 | 0.01 |
| USD | CORTEVA INC COM USD0.01 | 1 815.00 | 49 567.65 | 0.01 |
| USD | COSTCO WHSL CORP NEW COM | 1 037.00 | 319 883.39 | 0.07 |
| USD | CROWDSTRIKE HOLDIN COM USD0.0005 CL A | 164.00 | 14 400.84 | 0.00 |
| USD | CROWN CASTLE INTL COM USD0.01 | 969.00 | 166 823.04 | 0.03 |
| USD | CROWN HOLDINGS INC COM USD5 | 371.00 | 24 274.53 | 0.01 |
| USD | CUMMINS INC COM | 5 736.00 | 972 825.60 | 0.20 |
| USD | CVS HEALTH CORP COM STK USD0.01 | 3 044.00 | 199 595.08 | 0.04 |
| USD | D R HORTON INC COM | 4 574.00 | 252 942.20 | 0.05 |
| USD | DANAHER CORP COM USD0.01 | 1 472.00 | 245 249.92 | 0.05 |
| USD | DARDEN RESTAURANTS INC COM | 360.00 | 27 669.60 | 0.01 |
| USD | DAVITA INC COM USD0.001 | 10 322.00 | 835 669.12 | 0.17 |
| USD | DELL TECHNOLOGIES COM USD0.01 CL C | 3 905.00 | 193 844.20 | 0.04 |
| USD | DELTA AIRLINES INC COM USD0.0001 | 331.00 | 8 344.51 | 0.00 |
| USD | DENTSPLY SIRONA IN COM NPV | 453.00 | 21 073.56 | 0.00 |
| USD | DIAMONDBACK ENERGY COM USD0.01 | 517.00 | 22 013.86 | 0.00 |
| USD | DISCOVER FINL SVCS COM STK USD0.01 | 718.00 | 34 112.18 | 0.01 |
| USD | DISH NETWORK CORPO CLASS'A'COM USD0.01 | 611.00 | 19 338.15 | 0.00 |
| USD | DOCUSIGN INC COM USD0.0001 | 236.00 | 32 978.64 | 0.01 |
| USD | DOLLAR GENERAL CP COM USD0.875 | 625.00 | 119 693.75 | 0.02 |
| USD | DOLLAR TREE INC | 583.00 | 57 058.21 | 0.01 |
| USD | DOMINOS PIZZA INC COM USD0.01 | 89.00 | 34 339.76 | 0.01 |
| USD | DOVER CORP COM | 384.00 | 37 344.00 | 0.01 |
| USD | DOW INC COM USD0.01 | 1 684.00 | 65 002.40 | 0.01 |
| USD | DTE ENERGY CO COM | 437.00 | 47 008.09 | 0.01 |
| USD | DUPONT DE NEMOURS COM USD0.01 | 1 705.00 | 86 494.65 | 0.02 |
| USD | DXC TECHNOLOGY CO COM USD0.01 | 550.00 | 7 815.50 | 0.00 |
| USD | DYNATRACE INC COM USD0.001 | 150.00 | 5 770.50 | 0.00 |
| USD | E TRADE FINANCIAL COM USD0.01 | 484.00 | 22 041.36 | 0.00 |
| USD | EAST WEST BANCORP INC COM | 454.00 | 15 867.30 | 0.00 |
| USD | EASTMAN CHEM CO COM | 2 516.00 | 171 289.28 | 0.04 |
| USD | EATON VANCE CORP COM NON VTG | 311.00 | 11 211.55 | 0.00 |
| USD | EBAY INC COM USD0.001 | 22 302.00 | 1 015 633.08 | 0.21 |
| USD | EDISON INTL COM | 830.00 | 48 231.30 | 0.01 |
| USD | ELANCO ANIMAL HEAL COM NPV | 1 018.00 | 21 795.38 | 0.00 |
| USD | ELECTRONIC ARTS INC COM | 1 469.00 | 180 510.72 | 0.04 |
| USD | ELI LILLY AND CO COM NPV | 2 050.00 | 313 547.50 | 0.06 |
| USD | EMERSON ELEC CO COM | 1 365.00 | 83 292.30 | 0.02 |
| USD | ENTERGY CORP NEW COM | 452.00 | 46 022.64 | 0.01 |
| USD | EQUINIX INC COM USD0.001 NEW | 203.00 | 141 618.89 | 0.03 |
| USD | EQUITABLE HOLDINGS COM USD0.01 | 1 228.00 | 23 467.08 | 0.01 |
| USD | ESSENTIAL UTILS IN COM USD0.50 | 584.00 | 25 555.84 | 0.01 |
| USD | ESTEE LAUDER COS CLASS'A'COM USD0.01 | 516.00 | 101 894.52 | 0.02 |
| USD | EVERGY INC COM NPV | 691.00 | 42 627.79 | 0.01 |
| USD | EVERSOURCE ENERGY COM USD5 | 797.00 | 66 708.90 | 0.01 |
| USD | EXELON CORP COM NPV | 2 213.00 | 84 780.03 | 0.02 |
| USD | EXPEDIA GROUP INC COM USD0.001 | 1 318.00 | 104 754.64 | 0.02 |
| USD | EXTRA SPACE STORAG COM USD0.01 | 350.00 | 33 862.50 | 0.01 |
| USD | EXXON MOBIL CORP COM NPV | 10 210.00 | 464 248.70 | 0.10 |
| USD | FACEBOOK INC COM USD0.000006 CL 'A' | 7 584.00 | 1 707 082.56 | 0.35 |
| USD | FED REALTY INV TR SBI USD0.01 | 261.00 | 20 856.51 | 0.00 |
| USD | FEDEX CORP COM USD0.10 | 570.00 | 74 419.20 | 0.02 |
| USD | FIDELITY NATL INF COM STK USD0.01 | 1 425.00 | 197 832.75 | 0.04 |
| USD | FIFTH THIRD BANCORP COM | 37 013.00 | 717 682.07 | 0.15 |
| USD | FIRST REPUBLIC BAN COM USD0.01 | 412.00 | 44 566.04 | 0.01 |
| USD | FIRSTENERGY CORP COM USD0.10 | 1 283.00 | 54 219.58 | 0.01 |
| USD | FISERV INC COM USD0.01 | 1 343.00 | 143 392.11 | 0.03 |
| USD | FLEETCOR TECHNOLOG COM STK USD0.001 | 215.00 | 52 414.85 | 0.01 |
| USD | FORD MOTOR CO COM STK USD0.01 | 10 335.00 | 59 012.85 | 0.01 |
| USD | FORTUNE BRANDS HOME USD0.01 WI | 344.00 | 20 970.24 | 0.00 |
| USD | FOX CORP COM USD0.01 CL A | 881.00 | 25 698.77 | 0.01 |
| USD | FOX CORP COM USD0.01 CL B | 588.00 | 16 922.64 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | FREEPORT-MCMORAN COM STK USD0.10 | 3 626.00 | 32 887.82 | 0.01 |
| USD | GENERAL MLS INC COM | 11 764.00 | 741 602.56 | 0.15 |
| USD | GENERAL MOTORS CO COM USD0.01 | 3 299.00 | 85 378.12 | 0.02 |
| USD | GENUINE PARTS CO COM STK USD1 | 1 258.00 | 104 929.78 | 0.02 |
| USD | GILEAD SCIENCES COM USD0.001 | 15 768.00 | 1 227 223.44 | 0.25 |
| USD | GLOBAL PAYMENTS COM NPV | 732.00 | 131 386.68 | 0.03 |
| USD | GLOBE LIFE INC COM USD1.00 | 253.00 | 19 486.06 | 0.00 |
| USD | GODADDY INC COM CL A USD0.001 | 431.00 | 33 294.75 | 0.01 |
| USD | GOLDMAN SACHS GRP COM USD0.01 | 734.00 | 144 223.66 | 0.03 |
| USD | GRAINGER W W INC COM | 99.00 | 30 652.38 | 0.01 |
| USD | HALLIBURTON COM STK USD2.50 | 2 539.00 | 29 833.25 | 0.01 |
| USD | HARTFORD FINL SVCS COM USD0.01 | 972.00 | 37 217.88 | 0.01 |
| USD | HASBRO INC COM | 382.00 | 28 080.82 | 0.01 |
| USD | HCA HEALTHCARE INC COM USD0.01 | 3 161.00 | 337 910.90 | 0.07 |
| USD | HD SUPPLY INC COM USD0.01 | 429.00 | 13 603.59 | 0.00 |
| USD | HEALTHPEAK PPTYS I COM USD1 | 1 121.00 | 27 621.44 | 0.01 |
| USD | HERSHEY COMPANY COM USD1.00 | 6 468.00 | 877 578.24 | 0.18 |
| USD | HESS CORPORATION COM USD1 | 703.00 | 33 371.41 | 0.01 |
| USD | HEWLETT PACKARD EN COM USD0.01 | 3 112.00 | 30 217.52 | 0.01 |
| USD | HILTON WORLDWIDE H COM USD0.01 | 638.00 | 50 599.78 | 0.01 |
| USD | HOLLYFRONTIER CORP COM USD0.01 | 382.00 | 12 013.90 | 0.00 |
| USD | HOLOGIC INC COM USD0.01 | 715.00 | 37 895.00 | 0.01 |
| USD | HOME DEPOT INC COM USD0.05 | 2 576.00 | 640 084.48 | 0.13 |
| USD | HORMEL FOODS CORP COM USD0.0586 | 3 043.00 | 148 589.69 | 0.03 |
| USD | HOST HOTELS & RESO COM STK USD0.01 | 81 219.00 | 969 754.86 | 0.20 |
| USD | HOWMET AEROSPACE I COM USD1.00 | 991.00 | 12 962.28 | 0.00 |
| USD | HP INC COM USD0.01 | 11 051.00 | 167 312.14 | 0.03 |
| USD | HUMANA INC COM USD0.166 | 311.00 | 127 712.15 | 0.03 |
| USD | HUNTINGTON BANCSHARES INC COM | 1 924.00 | 17 104.36 | 0.00 |
| USD | HUNTINGTON INGALLS COM USD0.01 | 73.00 | 14 591.97 | 0.00 |
| USD | INGERSOLL RAND INC COM USD1.00 | 929.00 | 26 197.80 | 0.01 |
| USD | INGREDION INC COM USD0.01 | 186.00 | 15 666.78 | 0.00 |
| USD | INTEL CORP COM USD0.001 | 33 721.00 | 2 122 062.53 | 0.43 |
| USD | INTL BUSINESS MCHN COM USD0.20 | 2 069.00 | 258 418.10 | 0.05 |
| USD | INTL PAPER CO COM USD1.00 | 19 575.00 | 666 528.75 | 0.14 |
| USD | INTUIT INC COM USD0.01 | 616.00 | 178 837.12 | 0.04 |
| USD | INVESCO LTD COM STK USD0.20 | 1 093.00 | 8 711.21 | 0.00 |
| USD | IQVIA HOLDINGS INC COM USD0.01 | 413.00 | 61 751.76 | 0.01 |
| USD | IRON MTN INC NEW COM NPV | 5 155.00 | 132 792.80 | 0.03 |
| USD | JACOBS ENG GROUP COM USD1 | 294.00 | 24 701.88 | 0.01 |
| USD | JOHNSON CTLS INTL COM USD0.01 | 1 739.00 | 54 621.99 | 0.01 |
| USD | JONES LANG LASALLE INC COM | 125.00 | 12 800.00 | 0.00 |
| USD | KANSAS CITY STHN I COM USD0.01 | 222.00 | 33 415.44 | 0.01 |
| USD | KELLOGG CO COM USD0.25 | 686.00 | 44 802.66 | 0.01 |
| USD | KEURIG DR PEPPER COM USD0.01 | 183.00 | 5 109.36 | 0.00 |
| USD | KEYCORP NEW COM | 2 571.00 | 30 466.35 | 0.01 |
| USD | KEYSIGHT TECHNOLOG COM USD0.01 'WD' | 2 703.00 | 292 275.39 | 0.06 |
| USD | KIMBERLY-CLARK CP COM USD1.25 | 791.00 | 111 879.04 | 0.02 |
| USD | KINDER MORGAN INC USD0.01 | 4 652.00 | 73 501.60 | 0.02 |
| USD | KKR & CO INC COM NPV CLASS A | 1 067.00 | 29 609.25 | 0.01 |
| USD | KLA CORPORATION COM USD0.001 | 921.00 | 162 059.16 | 0.03 |
| USD | KNIGHT SWIFT TRANS CL A COM STK USD0.01 | 238.00 | 9 903.18 | 0.00 |
| USD | KOHLS CORPORATION COM USD0.01 | 385.00 | 7 399.70 | 0.00 |
| USD | KROGER CO COM USD1 | 10 476.00 | 341 727.12 | 0.07 |
| USD | L3HARRIS TECHNOLOG COM USD1.00 | 514.00 | 102 517.30 | 0.02 |
| USD | LAB CORP AMER HLDG COM USD0.1 | 241.00 | 42 252.12 | 0.01 |
| USD | LAM RESEARCH CORP COM USD0.001 | 342.00 | 93 595.14 | 0.02 |
| USD | LAS VEGAS SANDS CORP COM | 823.00 | 39 454.62 | 0.01 |
| USD | LEAR CORP COM USD0.01 | 161.00 | 17 074.05 | 0.00 |
| USD | LENNAR CORP COM CL'A'USD0.10 | 712.00 | 43 047.52 | 0.01 |
| USD | LINCOLN NATL CORP COM NPV | 538.00 | 20 406.34 | 0.00 |
| USD | LKQ CORP COM | 931.00 | 25 565.26 | 0.01 |
| USD | LOWE'S COS INC COM USD0.50 | 1 780.00 | 232 023.00 | 0.05 |
| USD | MARATHON OIL CORP COM USD1 | 219.00 | 1 169.46 | 0.00 |
| USD | MARATHON PETROLEUM COM USD0.01 | 1 742.00 | 61 213.88 | 0.01 |
| USD | MARRIOTT INTL INC COM USD0.01 CLASS 'A' | 643.00 | 56 905.50 | 0.01 |
| USD | MASCO CORP COM | 580.00 | 27 057.00 | 0.01 |
| USD | MASTERCARD INC COM USD0.0001 CLASS 'A' | 2 109.00 | 634 577.01 | 0.13 |
| USD | MCCORMICK & CO INC COM N/VTG NPV | 295.00 | 51 672.20 | 0.01 |
| USD | MCDONALD'S CORP COM USD0.01 | 1 780.00 | 331 649.60 | 0.07 |
| USD | MCKESSON CORP COM USD0.01 | 3 620.00 | 574 385.40 | 0.12 |
| USD | MERCK & CO INC COM USD0.50 | 15 488.00 | 1 250 191.36 | 0.26 |
| USD | METLIFE INC COM USD0.01 | 1 965.00 | 70 759.65 | 0.01 |
| USD | MGM RESORTS INTL COM STK USD0.01 | 1 354.00 | 23 261.72 | 0.00 |
| USD | MICROCHIP TECHNLGY COM USD0.001 | 548.00 | 52 618.96 | 0.01 |
| USD | MICRON TECHNOLOGY COM USD0.10 | 2 528.00 | 121 116.48 | 0.02 |
| USD | MICROSOFT CORP COM USD0.0000125 | 31 111.00 | 5 701 090.75 | 1.17 |
| USD | MID-AMER APARTMENT COM STK USD0.01 | 315.00 | 36 653.40 | 0.01 |
| USD | MIDDLEBY CORP COM USD0.01 | 11.00 | 749.10 | 0.00 |
| USD | MOHAWK INDS COM USD0.01 | 129.00 | 12 022.80 | 0.00 |
| USD | MOLSON COORS BEVER COM USD0.01 CLASS B | 496.00 | 18 828.16 | 0.00 |
| USD | MONDELEZ INTL INC COM USD0.01 | 3 315.00 | 172 777.80 | 0.04 |
| USD | MORGAN STANLEY COM STK USD0.01 | 2 797.00 | 123 627.40 | 0.03 |
| USD | MOSAIC CO COM USD0.01 | 1 161.00 | 14 036.49 | 0.00 |
| USD | MOTOROLA SOLUTIONS COM USD0.01 | 383.00 | 51 831.39 | 0.01 |
| USD | MSCI INC COM STK USS0.01 | 2 655.00 | 873 096.75 | 0.18 |
| USD | NATIONAL OILWELL VARCO INC COM | 820.00 | 10 225.40 | 0.00 |
| USD | NATIONAL RETAIL PROPERTIES INC | 613.00 | 19 242.07 | 0.00 |
| USD | NETAPP INC COM USD0.001 | 4 324.00 | 192 590.96 | 0.04 |
| USD | NETFLIX INC COM USD0.001 | 1 035.00 | 434 420.55 | 0.09 |
| USD | NEWELL BRANDS INC COM USD1 | 1 172.00 | 15 411.80 | 0.00 |
| USD | NEWMONT CORPORATIO COM USD1.60 | 2 004.00 | 117 173.88 | 0.02 |
| USD | NIELSEN HLDGS PLC COM EUR0.07 | 471.00 | 6 542.19 | 0.00 |
| USD | NIKE INC CLASS'B'COM NPV | 3 041.00 | 299 781.78 | 0.06 |
| USD | NISOURCE INC COM NPV | 1 012.00 | 24 115.96 | 0.01 |
| USD | NOBLE ENERGY INC COM USD0.01 | 117.00 | 1 021.41 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | NORFOLK STHN CORP COM USD1 | 624.00 | 111 252.96 | 0.02 |
| USD | NORTHERN TRUST CP COM USD1.666 | 490.00 | 38 714.90 | 0.01 |
| USD | NORTONLIFELOCK INC COM USD0.01 | 40 757.00 | 928 444.46 | 0.19 |
| USD | NORWEGIAN CRUISE L COM USD0.001 | 472.00 | 7 391.52 | 0.00 |
| USD | NRG ENERGY INC COM USD0.01 | 24 381.00 | 878 935.05 | 0.18 |
| USD | NUCOR CORP COM | 713.00 | 30 131.38 | 0.01 |
| USD | NVIDIA CORP COM USD0.001 | 2 014.00 | 715 010.28 | 0.15 |
| USD | NVR INC COM STK USD0.01 | 34.00 | 109 534.74 | 0.02 |
| USD | OCCIDENTAL PETRLM COM USD0.20 | 2 289.00 | 29 642.55 | 0.01 |
| USD | OGE ENERGY CORP COM USD0.01 | 483.00 | 15 127.56 | 0.00 |
| USD | OLD DOMINION FGHT LINES INC COM | 210.00 | 35 928.90 | 0.01 |
| USD | OMNICOM GROUP INC COM USD0.15 | 590.00 | 32 326.10 | 0.01 |
| USD | ON SEMICONDUCTOR COM USD0.01 | 1 126.00 | 18 567.74 | 0.00 |
| USD | ONEOK INC | 1 162.00 | 42 633.78 | 0.01 |
| USD | ORACLE CORP COM USD0.01 | 25 658.00 | 1 379 630.66 | 0.28 |
| USD | OREILLY AUTO NEW COM USD0.01 | 179.00 | 74 685.96 | 0.02 |
| USD | OTIS WORLDWIDE COR COM USD0.01 | 1 005.00 | 52 913.25 | 0.01 |
| USD | OWENS CORNING COM STK USD0.01 | 315.00 | 16 537.50 | 0.00 |
| USD | PACCAR INC COM STK USD1 | 7 780.00 | 574 630.80 | 0.12 |
| USD | PACKAGING CORP AMER COM | 251.00 | 25 453.91 | 0.01 |
| USD | PALO ALTO NETWORKS COM USD0.0001 | 219.00 | 51 524.13 | 0.01 |
| USD | PARKER-HANNIFIN COM STK USD0.50 | 292.00 | 52 551.24 | 0.01 |
| USD | PAYCHEX INC COM | 11 995.00 | 866 998.60 | 0.18 |
| USD | PAYPAL HOLDINGS IN COM USD0.0001 | 2 642.00 | 409 536.42 | 0.08 |
| USD | PFIZER INC COM USD0.05 | 31 206.00 | 1 191 757.14 | 0.24 |
| USD | PHILLIPS 66 COM USD0.01 | 1 106.00 | 86 555.56 | 0.02 |
| USD | PINNACLE WEST CAP CORP COM | 244.00 | 19 007.60 | 0.00 |
| USD | PINTEREST INC COM USD0.00001 CL A | 500.00 | 10 145.00 | 0.00 |
| USD | PNC FINANCIAL SVCS COM USD5 | 1 064.00 | 121 338.56 | 0.03 |
| USD | PPL CORP COM USD0.01 | 1 866.00 | 52 136.04 | 0.01 |
| USD | PRINCIPAL FINL GP COM USD0.01 | 775.00 | 29 930.50 | 0.01 |
| USD | PROCTER & GAMBLE COM NPV | 6 563.00 | 760 782.96 | 0.16 |
| USD | PROLOGIS INC COM USD0.01 | 1 717.00 | 157 105.50 | 0.03 |
| USD | PRUDENTIAL FINL COM USD0.01 | 901.00 | 54 924.96 | 0.01 |
| USD | PUBLIC SVC ENTERPRISE GROUP COM | 1 183.00 | 60 380.32 | 0.01 |
| USD | PVH CORP COM USD1 | 174.00 | 7 911.78 | 0.00 |
| USD | QUALCOMM INC COM USD0.0001 | 15 928.00 | 1 288 256.64 | 0.26 |
| USD | QUEST DIAGNOSTICS INC COM | 364.00 | 43 053.92 | 0.01 |
| USD | RAYMOND JAMES FINANCIAL INC COM | 396.00 | 27 434.88 | 0.01 |
| USD | RAYTHEON TECHNOLOG COM USD1.00 | 3 552.00 | 229 175.04 | 0.05 |
| USD | REGENCY CENTERS COM USD0.01 | 546.00 | 23 363.34 | 0.01 |
| USD | REGENERON PHARMACE COM USD0.001 | 199.00 | 121 949.19 | 0.03 |
| USD | REGIONS FINANCIAL CORP NEW COM | 21 945.00 | 248 197.95 | 0.05 |
| USD | REINSURANCE GROUP COM USD0.01 | 120.00 | 10 890.00 | 0.00 |
| USD | REPUBLIC SERVICES COM USD0.01 | 458.00 | 39 140.68 | 0.01 |
| USD | ROBERT HALF INTL COM USD0.001 | 6 718.00 | 340 871.32 | 0.07 |
| USD | ROCKWELL AUTOMATIO COM USD1 | 285.00 | 61 605.60 | 0.01 |
| USD | ROSS STORES INC COM USD0.01 | 816.00 | 79 119.36 | 0.02 |
| USD | ROYAL CARIBBEAN COM USD0.01 | 364.00 | 18 880.68 | 0.00 |
| USD | SALESFORCE.COM INC COM USD0.001 | 1 971.00 | 344 511.09 | 0.07 |
| USD | SBA COMMUNICATIONS COM USD0.01 CL A | 268.00 | 84 186.84 | 0.02 |
| USD | SCHEIN HENRY INC COM | 327.00 | 19 855.44 | 0.00 |
| USD | SCHLUMBERGER COM USD0.01 | 3 168.00 | 58 512.96 | 0.01 |
| USD | SCHWAB(CHARLES)CP COM USD0.01 | 2 596.00 | 93 222.36 | 0.02 |
| USD | SEALED AIR CORP NEW COM | 262.00 | 8 410.20 | 0.00 |
| USD | SEI INVESTMENT COM USD0.01 | 349.00 | 18 922.78 | 0.00 |
| USD | SENSATA TECHNO PLC COM EUR0.01 | 357.00 | 12 727.05 | 0.00 |
| USD | SERVICENOW INC COM USD0.001 | 439.00 | 170 301.27 | 0.04 |
| USD | SIGNATURE BK COM USD0.01 | 155.00 | 15 951.05 | 0.00 |
| USD | SIMON PROP GROUP COM USD0.0001 | 8 213.00 | 473 890.10 | 0.10 |
| USD | SIRIUS XM HLDGS IN COM USD0.001 | 127 345.00 | 741 147.90 | 0.15 |
| USD | SKYWORKS SOLUTIONS INC COM | 446.00 | 52 868.84 | 0.01 |
| USD | SLACK TECHNOLOGIES COM USD0.0001 CL A | 557.00 | 19 522.85 | 0.00 |
| USD | SMUCKER(JM)CO COM NPV | 260.00 | 29 621.80 | 0.01 |
| USD | SNAP-ON INC COM USD1 | 136.00 | 17 637.84 | 0.00 |
| USD | SOUTHWEST AIRLINES COM USD1 | 19 288.00 | 619 144.80 | 0.13 |
| USD | SQUARE INC COM USD0.0000001 CL A | 802.00 | 65 026.16 | 0.01 |
| USD | STANLEY BLACK & DE COM USD2.50 | 362.00 | 45 412.90 | 0.01 |
| USD | STARBUCKS CORP COM USD0.001 | 4 065.00 | 317 029.35 | 0.07 |
| USD | STATE STREET CORP COM STK USD1 | 850.00 | 51 816.00 | 0.01 |
| USD | STEEL DYNAMICS INC COM | 485.00 | 12 881.60 | 0.00 |
| USD | SYNCHRONY FINANCIA COM USD0.001 | 1 464.00 | 29 821.68 | 0.01 |
| USD | SYSCO CORP COM USD1 | 6 298.00 | 347 397.68 | 0.07 |
| USD | T ROWE PRICE GROUP COM USD0.20 | 588.00 | 71 089.20 | 0.01 |
| USD | T-MOBILE US INC COM USD0.0001 | 985.00 | 98 539.40 | 0.02 |
| USD | TARGET CORP COM STK USD0.0833 | 1 181.00 | 144 471.73 | 0.03 |
| USD | TD AMERITRADE HLDG COM USD0.01 | 576.00 | 21 467.52 | 0.00 |
| USD | TELEFLEX INC COM | 107.00 | 38 826.02 | 0.01 |
| USD | TESLA INC COM USD0.001 | 316.00 | 263 860.00 | 0.05 |
| USD | TEXAS INSTRUMENTS COM USD1 | 3 022.00 | 358 832.28 | 0.07 |
| USD | THERMO FISHER SCIE COM USD1 | 946.00 | 330 333.74 | 0.07 |
| USD | TIFFANY & CO NEW COM | 286.00 | 36 645.18 | 0.01 |
| USD | TJX COS INC COM USD1 | 2 916.00 | 153 848.16 | 0.03 |
| USD | TRACTOR SUPPLY CO COM USD0.008 | 252.00 | 30 749.04 | 0.01 |
| USD | TRADEWEB MARKETS I COM USD0.00001 CL A | 83.00 | 5 474.68 | 0.00 |
| USD | TRANE TECHNOLOGIES COM USD1 | 549.00 | 49 525.29 | 0.01 |
| USD | TRANSDIGM GROUP INC COM | 129.00 | 54 801.78 | 0.01 |
| USD | TRAVELERS CO INC COM NPV | 596.00 | 63 760.08 | 0.01 |
| USD | TRUIST FINL CORP COM USD5 | 3 181.00 | 116 997.18 | 0.02 |
| USD | TWITTER INC COM USD0.000005 | 1 708.00 | 52 896.76 | 0.01 |
| USD | TYSON FOODS INC CL A | 690.00 | 42 393.60 | 0.01 |
| USD | UBER TECHNOLOGIES COM USD0.00001 | 971.00 | 35 266.72 | 0.01 |
| USD | UGI CORP NEW COM | 422.00 | 13 436.48 | 0.00 |
| USD | ULTA BEAUTY INC COM STK USD0.01 | 159.00 | 38 797.59 | 0.01 |
| USD | UNION PACIFIC CORP COM USD2.50 | 1 690.00 | 287 063.40 | 0.06 |
| USD | UNITED AIRLINES HO COM USD0.01 | 178.00 | 4 991.12 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | UNITED RENTALS INC COM | 163.00 | 22 639.07 | 0.00 |
| USD | UNITEDHEALTH GRP COM USD0.01 | 2 237.00 | 681 949.45 | 0.14 |
| USD | UNIVERSAL HEALTH S CLASS'B'COM USD0.01 | 1 734.00 | 182 850.30 | 0.04 |
| USD | UNUM GROUP COM USD0.10 | 72.00 | 1 090.80 | 0.00 |
| USD | US BANCORP COM USD0.01 | 3 689.00 | 131 180.84 | 0.03 |
| USD | VAIL RESORTS INC COM | 98.00 | 19 436.34 | 0.00 |
| USD | VALERO ENERGY CORP NEW COM | 9 857.00 | 656 870.48 | 0.13 |
| USD | VARIAN MEDICAL SYS COM USD1 | 201.00 | 24 399.39 | 0.01 |
| USD | VEREIT INC COM USD0.001 | 1 844.00 | 10 105.12 | 0.00 |
| USD | VERIZON COMMUN COM USD0.10 | 9 699.00 | 556 528.62 | 0.11 |
| USD | VF CORP COM NPV | 768.00 | 43 084.80 | 0.01 |
| USD | VIACOMCBS INC COM USD0.001 CL B | 1 478.00 | 30 653.72 | 0.01 |
| USD | VISA INC COM STK USD0.0001 | 4 038.00 | 788 379.12 | 0.16 |
| USD | VISTRA ENERGY CORP COM USD0.01 | 17 954.00 | 366 979.76 | 0.08 |
| USD | VOYA FINL INC COM USD0.01 | 284.00 | 12 794.20 | 0.00 |
| USD | WALGREENS BOOTS AL COM USD0.01 | 1 816.00 | 77 979.04 | 0.02 |
| USD | WALMART INC COM USD0.10 | 3 371.00 | 418 206.26 | 0.09 |
| USD | WALT DISNEY CO. DISNEY COM USD0.01 | 4 284.00 | 502 513.20 | 0.10 |
| USD | WASTE MGMT INC DEL COM | 967.00 | 103 227.25 | 0.02 |
| USD | WELLS FARGO & CO COM USD1 2/3 | 9 370.00 | 248 023.90 | 0.05 |
| USD | WELLTOWER INC COM USD1 | 960.00 | 48 643.20 | 0.01 |
| USD | WESTERN DIGITAL CORP COM | 748.00 | 33 188.76 | 0.01 |
| USD | WESTROCK CO COM USD0.01 | 646.00 | 18 126.76 | 0.00 |
| USD | WEYERHAEUSER CO COM USD1.25 | 1 707.00 | 34 464.33 | 0.01 |
| USD | WHIRLPOOL CORP COM | 160.00 | 19 491.20 | 0.00 |
| USD | WILLIAMS COS INC COM USD1 | 2 967.00 | 60 615.81 | 0.01 |
| USD | WORKDAY INC COM USD0.001 CL A | 381.00 | 69 886.83 | 0.01 |
| USD | WYNN RESORTS LTD COM | 277.00 | 23 068.56 | 0.00 |
| USD | XILINX INC COM USD0.01 | 612.00 | 56 273.40 | 0.01 |
| USD | XPO LOGISTICS INC COM USD0.001 | 286.00 | 22 539.66 | 0.00 |
| USD | XYLEM INC COM USD0.01 WI | 368.00 | 24 413.12 | 0.01 |
| USD | YUM BRANDS INC COM | 9 443.00 | 847 320.39 | 0.17 |
| USD | ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 481.00 | 60 769.54 | 0.01 |
| USD | ZIONS BANCORPORATI COM USD0.001 | 354.00 | 11 648.37 | 0.00 |
| USD | ZOOM VIDEO COMMUNI COM USD0.001 CL A | 100.00 | 17 948.00 | 0.00 |
| Total United States |  | 95 460 013.03 | 19.53 |
| Total Registered shares |  | 128 736 693.38 | 26.33 |
| Depository receipts |  |  |  |
| Ireland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 3 060.00 | 52 710.37 | 0.01 |
| Total Ireland |  | 52 710.37 | 0.01 |
| Luxembourg |  |  |  |
| EUR	SES S.A. FDR EACH REP 1 'A' NPV | 1 857.00 | 13 744.73 | 0.00 |
| Total Luxembourg |  | 13 744.73 | 0.00 |
| The Netherlands |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 2 041.00 | 16 368.91 | 0.01 |
| Total The Netherlands |  | 16 368.91 | 0.01 |
| Total Depository receipts |  | 82 824.01 | 0.02 |
| Investment funds, closed end |  |  |  |
| United Kingdom |  |  |  |
| GBP	SEGRO PLC REIT | 3 011.00 | 31 254.11 | 0.01 |
| Total United Kingdom |  | 31 254.11 | 0.01 |
| United States |  |  |  |
| USD	DUKE REALTY CORP REIT | 764.00 | 26 342.72 | 0.00 |
| USD	SL GREEN REALTY CORPORATION | 15.00 | 631.80 | 0.00 |
| USD	VENTAS INC REIT | 29 295.00 | 1 023 860.25 | 0.21 |
| Total United States |  | 1 050 834.77 | 0.21 |
| Total Investment funds, closed end |  | 1 082 088.88 | 0.22 |
| Rights |  |  |  |
| United Kingdom |  |  |  |
| GBP	WHITBREAD PLC-NIL RIGHTS 09.06.20 | 8 686.00 | 107 599.79 | 0.02 |
| Total United Kingdom |  | 107 599.79 | 0.02 |
| United States |  |  |  |
| USD	LIBERTY MEDIA CORP-LIBERTY SIRIUSXM RIGHTS 02.06.20 | 63.00 | 684.81 | 0.00 |
| Total United States |  | 684.81 | 0.00 |
| Total Rights |  | 108 284.60 | 0.02 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-30.09.25 | 150 000.00 | 170 970.69 | 0.03 |
| USD	AMERICA, UNITED STATES OF 3.12500% 18-15.11.28 | 400 000.00 | 484 359.36 | 0.10 |
| USD	AMERICA, UNITED STATES OF 2.00000% 16-15.11.26 | 170 000.00 | 186 648.03 | 0.04 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 220 000.00 | 245 850.00 | 0.05 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 63 000.00 | 68 578.95 | 0.01 |
| USD	AMERICA, UNITED STATES OF 2.37500% 17-15.05.27 | 300 000.00 | 338 847.63 | 0.07 |
| Total USD |  | 1 495 254.66 | 0.30 |
| Total Treasury notes, fixed rate |  | 1 495 254.66 | 0.30 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 200 341 934.45 | 40.98 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Annual report and audited financial statements as of 31 May 2020
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury bills, zero coupon |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 26.03.20-24.09.20 | 2 000 000.00 | 1 998 929.86 | 0.41 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 20.06.19-18.06.20 | 5 000 000.00 | 4 999 704.85 | 1.03 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 18.07.19-16.07.20 | 5 000 000.00 | 4 999 171.85 | 1.02 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 15.08.19-13.08.20 | 5 000 000.00 | 4 998 643.90 | 1.02 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 12.09.19-10.09.20 | 5 000 000.00 | 4 997 720.50 | 1.02 |
| Total USD |  | 21 994 170.96 | 4.50 |
| Total Treasury bills, zero coupon |  | 21 994 170.96 | 4.50 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 21 994 170.96 | 4.50 |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Registered shares
United Arab Emirates
| GBP | NMC HEALTH PLC ORD GBP0.1 | 225.00 | 0.00 | 0.00 |
| --- | --- | --- | --- | --- |
| Total United Arab Emirates | 0.00 | 0.00 |
| Total Registered shares | 0.00 | 0.00 |
| Rights |  |  |
| Italy |  |  |
| EUR	DAVIDE CAMPARI-MILANO SPA RIGHTS 21.06.20	2 854.00 | 0.00 | 0.00 |
| Total Italy | 0.00 | 0.00 |
| Total Rights | 0.00 | 0.00 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market | 0.00 | 0.00 |

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 | NEUBERGER BERMAN EUROPE LTD-STRATEGIC INC FD-I-ACC | 2 037 000.00 | 24 566 220.00 | 5.03 |
| USD | PIMCO GIS DIVERSIFIED INCOME FUND-INSTITUIONAL CLASS-USD-ACC | 2 880 237.00 | 74 022 090.90 | 15.14 |
| Total Ireland |  | 98 588 310.90 | 20.17 |
| Luxembourg |  |  |  |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC | 1 799.00 | 34 383 153.63 | 7.03 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD U-X-ACC | 2 748.00 | 31 101 644.16 | 6.36 |
| USD	UBS (LUX) BOND SICAV - SHORT DURATION H Y SUST (USD) I-X-ACC | 215 140.00 | 25 552 177.80 | 5.23 |
| USD	UBS (LUX) BOND SICAV - ASIAN INVST GRADE BONDS (USD)-U-X-CAP | 497.00 | 6 052 714.50 | 1.24 |
| USD	UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC | 147.00 | 1 722 850.29 | 0.35 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC | 1 339.00 | 17 284 843.03 | 3.54 |
| USD	UBS (LUX) INSTITUTIONAL SICAV - E MARKETS EQUITY PASS FA USD | 2 480.71 | 28 994 243.66 | 5.93 |
| USD	UBS LUX BOND SICAV - EMERGING ECONOMIES CORP USD-I-X-ACC | 147 053.00 | 17 127 262.91 | 3.50 |
| Total Luxembourg | 162 218 889.98 | 33.18 |
| Total Investment funds, open end | 260 807 200.88 | 53.35 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 260 807 200.88 | 53.35 |
| Derivative instruments not listed on an official stock exchange and not traded on another regulated market |  |  |
| Options on indices, classic-styled |  |  |
| AUD |  |  |
| AUD	SOCIETE GENERALE/S&P/ASX 200 INDEX CALL 5761.61960 09.06.20	-1 080.00 | -62 591.49 | -0.02 |
| AUD	BNP/S&P/ASX 200 INDEX CALL 6155.75220 23.06.20	-1 150.00 | -13 896.67 | 0.00 |
| Total AUD | -76 488.16 | -0.02 |
| EUR |  |  |  |  |
| EUR | MORGAN STANLEY/EURO STOXX 50 CALL 3049.17620 09.06.20 | -4 980.00 | -267 855.77 | -0.05 |
| EUR | GOLDMAN SACHS/EURO STOXX 50 CALL 3172.57490 23.06.20 | -5 200.00 | -132 928.41 | -0.03 |
| Total EUR |  |  | -400 784.18 | -0.08 |
| GBP |  |  |  |  |
| GBP | MORGAN STANLEY/FTSE 100 INDEX CALL 6310.09490 09.06.20 | -500.00 | -10 121.08 | 0.00 |
| GBP | GOLDMAN SACHS/FTSE 100 INDEX CALL 6407.55460 23.06.20 | -490.00 | -16 948.61 | -0.01 |
| Total GBP |  |  | -27 069.69 | -0.01 |
| JPY |  |  |  |  |
| JPY | HSBC/TOPIX INDEX (TOKYO) CALL 1544.06560 09.06.20 | -563 210.00 | -175 573.13 | -0.04 |
| JPY | UBS/TOPIX INDEX (TOKYO) CALL 1611.46650 23.06.20 | -565 040.00 | -65 124.37 | -0.01 |
| Total JPY |  |  | -240 697.50 | -0.05 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD)
Annual report and audited financial statements as of 31 May 2020
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| USD |  |  |  |  |
| USD | MORGAN STANLEY/S&P 500 INDEX CALL 3048.00430 02.06.20 | -7 420.00 | -152 215.88 | -0.03 |
| USD | MORGAN STANLEY/MSCI EM INDEX CALL 987.33180 09.06.20 | -14 460.00 | -8 769.96 | 0.00 |
| USD | UBS/S&P 500 INDEX CALL 3017.07010 09.06.20 | -9 880.00 | -588 813.57 | -0.12 |
| USD | MORGAN STANLEY/S&P 500 INDEX CALL 3096.85490 16.06.20 | -11 400.00 | -342 692.21 | -0.07 |
| USD | BNP/MSCI EM INDEX CALL 997.82160 23.06.20 | -15 000.00 | -44 434.97 | -0.01 |
| USD | MORGAN STANLEY/S&P 500 INDEX CALL 3152.72720 23.06.20 | -9 640.00 | -194 575.69 | -0.04 |
| Total USD |  |  | -1 331 502.28 | -0.27 |
| Total Options on indices, classic-styled | -2 076 541.81 | -0.43 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | -2 076 541.81 | -0.43 |
| Total investments in securities | 481 066 764.48 | 98.40 |

| Derivative instruments |  |
| --- | --- |
| Derivative instruments not listed on an official stock exchange and not traded on another regulated market |
| Swaps and forward swaps on indices |
|  |  |  |
| USD	UBS/FTSE EEPRA NAREIT DVLPD TR EQS REC PERF 20-29.01.21	19 692 200.00 | 177 563.93 | 0.04 |
| USD	UBS/FTSE EEPRA NAREIT DVLPD TR EQS PAYER 3ML 20-29.01.21 |  |  |
| Total Swaps and forward swaps on indices | 177 563.93 | 0.04 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | 177 563.93 | 0.04 |
| Total Derivative instruments | 177 563.93 | 0.04 |
| Forward Foreign Exchange contracts |  |  |
| Forward Foreign Exchange contracts (Purchase/Sale) |  |  |

| USD | 979 167.96 | EUR | 900 000.00 | 24.6.2020 | -22 417.24 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 557 390.54 | SGD | 795 000.00 | 24.6.2020 | -5 116.51 | 0.00 |
| USD | 321 912.58 | GBP | 260 438.85 | 24.6.2020 | -99.76 | 0.00 |
| USD | 4 354 525.60 | JPY | 468 208 172.00 | 24.6.2020 | 7 172.66 | 0.00 |
| USD | 569 216.76 | CAD | 805 000.00 | 24.6.2020 | -13 197.06 | 0.00 |
| USD | 4 980 977.28 | AUD | 7 853 000.00 | 24.6.2020 | -231 939.01 | -0.05 |
| USD | 219 223.86 | CHF | 212 000.00 | 24.6.2020 | -1 598.74 | 0.00 |
| USD | 376 193.63 | SEK | 3 780 000.00 | 24.6.2020 | -25 236.86 | 0.00 |
| USD | 1 242 384.83 | HKD | 9 635 000.00 | 24.6.2020 | -71.55 | 0.00 |
| USD | 18 401 356.33 | EUR | 16 915 343.41 | 24.6.2020 | -423 263.23 | -0.09 |
| USD | 16 331.19 | EUR | 15 000.00 | 24.6.2020 | -361.90 | 0.00 |
| USD | 146 980.56 | EUR | 135 000.00 | 24.6.2020 | -3 257.22 | 0.00 |
| USD | 318 995.34 | GBP | 255 000.00 | 24.6.2020 | 3 707.71 | 0.00 |
| USD | 865 336.04 | EUR | 795 000.00 | 24.6.2020 | -19 397.55 | 0.00 |
| AUD | 330 000.00 | USD | 215 675.23 | 24.6.2020 | 3 382.76 | 0.00 |
| SGD | 83 815 400.00 | USD | 59 151 271.70 | 4.6.2020 | 149 489.92 | 0.03 |
| USD | 228 892.41 | CHF | 222 000.00 | 22.7.2020 | -2 537.41 | 0.00 |
| USD | 698 360.60 | GBP | 565 438.00 | 22.7.2020 | -839.26 | 0.00 |
| USD | 4 360 487.08 | JPY | 468 208 172.00 | 22.7.2020 | 11 223.23 | 0.00 |
| USD | 568 354.31 | SGD | 805 000.00 | 22.7.2020 | -1 287.12 | 0.00 |
| USD | 4 896 214.10 | AUD | 7 543 000.00 | 22.7.2020 | -110 838.57 | -0.02 |
| USD | 1 242 049.63 | HKD | 9 635 000.00 | 22.7.2020 | 496.37 | 0.00 |
| USD | 384 808.34 | SEK | 3 780 000.00 | 22.7.2020 | -16 724.58 | 0.00 |
| USD | 574 621.98 | CAD | 805 000.00 | 22.7.2020 | -7 794.80 | 0.00 |
| USD | 20 380 913.67 | EUR | 18 810 344.00 | 22.7.2020 | -565 139.17 | -0.12 |
| JPY | 50 000 000.00 | USD | 467 591.69 | 22.7.2020 | -3 133.35 | 0.00 |
| JPY | 50 000 000.00 | USD | 467 338.20 | 24.6.2020 | -3 083.92 | 0.00 |
| EUR | 450 000.00 | USD | 488 713.05 | 22.7.2020 | 12 379.53 | 0.00 |
| EUR | 450 000.00 | USD | 488 412.00 | 24.6.2020 | 12 380.60 | 0.00 |
| USD | 44 297.59 | CAD | 62 500.00 | 22.7.2020 | -921.10 | 0.00 |
| USD | 44 293.23 | CAD | 62 500.00 | 24.6.2020 | -925.23 | 0.00 |
| USD | 17 985.48 | CHF | 17 500.00 | 24.6.2020 | -242.80 | 0.00 |
| USD | 18 000.52 | CHF | 17 500.00 | 22.7.2020 | -242.82 | 0.00 |
| USD | 186 951.01 | JPY | 20 000 000.00 | 24.6.2020 | 1 249.30 | 0.00 |
| USD | 84 218.15 | SGD | 120 000.00 | 24.6.2020 | -688.57 | 0.00 |
| USD | 148 263.15 | HKD | 1 150 000.00 | 22.7.2020 | 75.68 | 0.00 |
| USD | 50 651.47 | SEK | 500 000.00 | 24.6.2020 | -2 447.80 | 0.00 |
| USD | 50 665.95 | SEK | 500 000.00 | 22.7.2020 | -2 446.87 | 0.00 |
| USD | 148 309.77 | HKD | 1 150 000.00 | 24.6.2020 | 14.51 | 0.00 |
| USD | 84 226.60 | SGD | 120 000.00 | 22.7.2020 | -688.89 | 0.00 |
| USD | 187 049.97 | JPY | 20 000 000.00 | 22.7.2020 | 1 266.63 | 0.00 |
| USD | 60 978.24 | AUD | 95 000.00 | 22.7.2020 | -2 082.88 | 0.00 |
| USD | 60 975.73 | AUD | 95 000.00 | 24.6.2020 | -2 086.42 | 0.00 |
| EUR | 510 000.00 | USD | 553 485.15 | 22.7.2020 | 14 419.77 | 0.00 |
| EUR | 510 000.00 | USD | 553 147.02 | 24.6.2020 | 14 417.93 | 0.00 |
| USD | 400 779.15 | SGD | 568 700.00 | 4.6.2020 | -1 585.37 | 0.00 |
| AUD | 320 000.00 | USD | 209 341.12 | 22.7.2020 | 3 075.27 | 0.00 |
| EUR | 150 000.00 | USD | 164 341.50 | 22.7.2020 | 2 689.36 | 0.00 |
| EUR | 160 000.00 | USD | 175 193.44 | 24.6.2020 | 2 866.15 | 0.00 |
| AUD | 320 000.00 | USD | 209 331.52 | 24.6.2020 | 3 088.35 | 0.00 |
| GBP | 270 000.00 | USD | 330 656.09 | 24.6.2020 | 3 177.87 | 0.00 |
| JPY | 25 500 000.00 | USD | 236 713.42 | 24.6.2020 | 56.26 | 0.00 |
| JPY | 25 500 000.00 | USD | 236 822.68 | 22.7.2020 | 51.08 | 0.00 |
| GBP | 270 000.00 | USD | 330 704.07 | 22.7.2020 | 3 168.01 | 0.00 |

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

Forward Foreign Exchange contracts (Continued)
Forward Foreign Exchange contracts (Purchase/Sale)
| SGD | 2 367 300.00 | USD | 1 670 248.51 | 4.6.2020 | 4 654.82 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 244 715.81 | AUD | 375 000.00 | 24.6.2020 | -4 213.72 | 0.00 |
| USD | 244 727.55 | AUD | 375 000.00 | 22.7.2020 | -4 197.91 | 0.00 |
| USD | 600 319.39 | EUR | 550 000.00 | 22.7.2020 | -12 127.09 | 0.00 |
| USD | 599 961.18 | EUR | 550 000.00 | 24.6.2020 | -12 118.66 | 0.00 |
| USD | 232 434.35 | JPY | 25 000 000.00 | 24.6.2020 | 307.21 | 0.00 |
| USD | 232 544.73 | JPY | 25 000 000.00 | 22.7.2020 | 315.56 | 0.00 |
| USD | 155 096.56 | SGD | 220 900.00 | 4.6.2020 | -1 193.79 | 0.00 |
| USD | 11 282.11 | HKD | 87 500.00 | 24.6.2020 | -1.23 | 0.00 |
| USD | 11 275.58 | HKD | 87 500.00 | 22.7.2020 | 0.45 | 0.00 |
| USD | 1 046 951.98 | EUR | 940 000.00 | 24.6.2020 | 851.88 | 0.00 |
| USD | 1 047 595.31 | EUR | 940 000.00 | 22.7.2020 | 868.59 | 0.00 |
| USD | 219 782.81 | AUD | 330 000.00 | 22.7.2020 | 728.40 | 0.00 |
| USD | 293 990.83 | JPY | 31 500 000.00 | 24.6.2020 | 1 510.63 | 0.00 |
| USD | 92 654.94 | GBP | 75 000.00 | 24.6.2020 | -76.72 | 0.00 |
| HKD | 1 300 000.00 | USD | 167 576.36 | 24.6.2020 | 61.76 | 0.00 |
| USD | 219 784.85 | AUD | 330 000.00 | 24.6.2020 | 726.86 | 0.00 |
| USD | 92 667.41 | GBP | 75 000.00 | 22.7.2020 | -74.83 | 0.00 |
| USD | 294 137.15 | JPY | 31 500 000.00 | 22.7.2020 | 1 528.39 | 0.00 |
| HKD | 1 300 000.00 | USD | 167 464.28 | 22.7.2020 | 51.99 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -1 244 242.02 | -0.25 |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 5 898 446.62* | 1.21 |
| Bank overdraft and other short-term liabilities | -229 246.30 | -0.05 |
| Other assets and liabilities | 3 198 579.43 | 0.65 |
| Total net assets | 488 867 866.14 | 100.00 |
| * As at 31 May 2020, cash amounts serve as collateral for the counterparty UBS AG for an amount of USD 590 000. |  |  |

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

Translation (ENDE, 2020-05-31):
# UBS (Lux) Strategy SICAV – Dynamic Income (USD)
| Wichtigste Daten |  |
| --- | --- |
|  | ISIN | 31.5.2020 | 31.5.2019 |
| Nettovermögen in USD |  | 488 867 866.14 | 326 403 802.47 |
| Klasse K-1-acc 1 | LU1917361336 |  |  |
| Aktien im Umlauf |  | 1.1000 | 1.0000 |
| Nettoinventarwert pro Aktie in USD |  | 5 054 883.10 | 5 070 085.37 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 5 027 081.24 | 5 082 760.58 |
| Klasse K-1-mdist 1 | LU1917361419 |  |  |
| Aktien im Umlauf |  | 8.4000 | 6.7000 |
| Nettoinventarwert pro Aktie in USD |  | 4 721 355.81 | 4 999 378.87 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 4 695 388.35 | 5 011 877.32 |
| Klasse (HKD) K-1-mdist 1 | LU1917362060 |  |  |
| Aktien im Umlauf |  | 2.1000 | 3.3000 |
| Nettoinventarwert pro Aktie in HKD |  | 37 310 016.06 | 39 966 476.64 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 37 104 810.97 | 40 066 392.83 |
| Klasse P-acc 1 | LU1917362490 |  |  |
| Aktien im Umlauf |  | 626 008.1500 | 369 590.5000 |
| Nettoinventarwert pro Aktie in USD |  | 100.50 | 101.24 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 99.95 | 101.49 |
| Klasse P-mdist 1 | LU1917361179 |  |  |
| Aktien im Umlauf |  | 2 316 940.9420 | 1 276 793.6250 |
| Nettoinventarwert pro Aktie in USD |  | 93.87 | 99.84 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 93.35 | 100.09 |
| Klasse (HKD) P-mdist 1 | LU1917361765 |  |  |
| Aktien im Umlauf |  | 165 242.2560 | 148 837.1680 |
| Nettoinventarwert pro Aktie in HKD |  | 927.40 | 997.69 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 922.30 | 1 000.18 |
| Klasse (SGD hedged) P-mdist 1 | LU1919997111 |  |  |
| Aktien im Umlauf |  | 519 138.8820 | 390 403.7810 |
| Nettoinventarwert pro Aktie in SGD |  | 93.58 | 99.75 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 2 |  | 93.07 | 100.00 |
| Klasse Q-acc 1 | LU1917360957 |  |  |
| Aktien im Umlauf |  | 187 715.0980 | 97 594.6280 |
| Nettoinventarwert pro Aktie in USD |  | 101.51 | 101.50 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 100.95 | 101.75 |
| Klasse (HKD) Q-acc 1 | LU1917361682 |  |  |
| Aktien im Umlauf |  | 3 388.9480 | 6 366.9850 |
| Nettoinventarwert pro Aktie in HKD |  | 1 002.92 | 1 014.35 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 997.40 | 1 016.89 |
| Klasse Q-mdist 1 | LU1917361252 |  |  |
| Aktien im Umlauf |  | 517 151.8050 | 295 734.1980 |
| Nettoinventarwert pro Aktie in USD |  | 94.85 | 100.09 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 2 |  | 94.33 | 100.34 |
| Klasse (HKD) Q-mdist 1 | LU1917361849 |  |  |
| Aktien im Umlauf |  | 25 002.5080 | 28 422.9780 |
| Nettoinventarwert pro Aktie in HKD |  | 936.71 | 1 000.21 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 2 |  | 931.56 | 1 002.71 |
| Klasse (SGD hedged) Q-mdist 1 | LU1919997202 |  |  |
| Aktien im Umlauf |  | 410 105.9040 | 205 589.7020 |
| Nettoinventarwert pro Aktie in SGD |  | 94.54 | 100.01 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 2 |  | 94.02 | 100.26 |
| 1  Erste NAV 29.1.2019 2  Siehe Erläuterung 1 |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Performance |  |
| --- | --- |
|  | Währung | 2019/2020 | 2019 |
| Klasse K-1-acc | USD | -1.1% | - |
| Klasse K-1-mdist | USD | -1.1% | - |
| Klasse (HKD) K-1-mdist | HKD | -2.2% | - |
| Klasse P-acc | USD | -1.5% | - |
| Klasse P-mdist | USD | -1.5% | - |
| Klasse (HKD) P-mdist | HKD | -2.7% | - |
| Klasse (SGD hedged) P-mdist | SGD | -2.3% | - |
| Klasse Q-acc | USD | -0.8% | - |
| Klasse (HKD) Q-acc | HKD | -1.9% | - |
| Klasse Q-mdist | USD | -0.8% | - |
| Klasse (HKD) Q-mdist | HKD | -1.9% | - |
| Klasse (SGD hedged) Q-mdist | SGD | -1.5% | - |

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.

## Bericht des Portfolio Managers
Das Rechnungsjahr vom 1. Juni 2019 bis zum 31. Mai 2020 war von zwei Hauptthemen geprägt: Zunächst sorg- ten die Handelsverhandlungen zwischen den USA und China für Unruhe. Dies belastete das Konjunkturklima und führte fortgesetzt zu schwächeren Konjunkturdaten, bevor sich im Dezember eine Lösung abzeichnete. Nach dem Jahreswechsel rückten der Ausbruch und die Aus- breitung von Covid-19 in den Vordergrund. Die strengen Eindämmungsmassnahmen zur Verhinderung der wei- teren Ausbreitung des Virus führten zu einem abrupten Konjunktureinbruch. Die Stimmung trübte sich schlagartig ein, da sich die Anleger Gedanken über die voraussicht- liche Dauer und Schärfe der Virus-Gegenmassnahmen sowie über die Auswirkungen auf die Unternehmensge- winne und das globale Wirtschaftswachstum machten. Die Zentralbanken nahmen im Laufe des Quartals eine zunehmend moderatere Haltung ein und versuchten, den Schaden mit bedeutenden (und in einigen Fällen) beispiel- losen fiskal- und geldpolitischen Impulsen zu begrenzen.
Der Subfonds wies im Rechnungsjahr eine negative Per- formance aus. Die vorhergehenden Gewinne wurden durch die massive Verkaufswelle bei Risikoanlagen im Februar und März ausradiert. Dieser Abverkauf war wie- derum darauf zurückzuführen, dass die Wirtschaftsakti- vität infolge der Massnahmen zur Eindämmung der Aus- breitung von Covid-19 nahezu zum Erliegen kam. Unter den Anlageklassen im Portfolio litten Aktien am meisten darunter, gefolgt von Unternehmensanleihen mit nied- rigeren Ratings. Dennoch erzielte der Subfonds einen Ertrag im Rahmen seines Ziels.
Die bedeutendste Entwicklung seit dem Jahresende war der Ausbruch von Covid-19, die zunächst in China auf- trat, aber mittlerweile die meisten Kontinente erfasst hat. Derzeit ist es nicht möglich, abzuschätzen, wie dieses neu entstehende Risiko die Unternehmen in unserem Portfo- lio genau beeinflussen wird. Doch die Besorgnis über die Auswirkungen auf die Weltwirtschaft nimmt zu. An den Finanzmärkten ist es in den letzten Wochen zu bedeuten- den Korrekturen gekommen. Der Verwaltungsrat und die Manager behalten die Bemühungen der Regierungen zur Eindämmung der Virusausbreitung aufmerksam im Auge und beobachten die möglichen wirtschaftlichen Auswir- kungen auf die Unternehmen in unserem Portfolio.
UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
Luxemburg	33.21
| Vereinigte Staaten | 29.38 |
| --- | --- |
| Irland | 21.22 |
| Japan | 3.65 |
| Frankreich | 2.22 |
| Australien | 1.94 |
| Deutschland | 1.89 |
| Grossbritannien | 1.64 |
| Spanien | 1.23 |
| Niederlande | 0.85 |
| Italien | 0.59 |
| Finnland | 0.17 |
| Belgien | 0.13 |
| Österreich | 0.11 |
| Portugal | 0.08 |
| Kanada | 0.03 |
| Bermuda | 0.03 |
| Argentinien | 0.02 |
| Jersey | 0.01 |
| Total | 98.40 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Anlagefonds | 53.57 |
| --- | --- |
| Internet, Software & IT-Dienste | 5.53 |
| Länder- & Zentralregierungen | 4.80 |
| Finanz- & Beteiligungsgesellschaften | 3.17 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 2.93 |
| Detailhandel, Warenhäuser | 2.64 |
| Computer & Netzwerkausrüster | 2.50 |
| Banken & Kreditinstitute | 2.46 |
| Energie- & Wasserversorgung | 1.87 |
| Telekommunikation | 1.87 |
| Elektronik & Halbleiter | 1.85 |
| Baugewerbe & Baumaterial | 1.21 |
| Biotechnologie | 1.20 |
| Nahrungsmittel & Softdrinks | 1.11 |
| Maschinen & Apparate | 1.09 |
| Immobilien | 1.09 |
| Verkehr & Transport | 0.91 |
| Erdöl | 0.91 |
| Versicherungen | 0.81 |
| Diverse Konsumgüter | 0.64 |
| Tabak & alkoholische Getränke | 0.60 |
| Gastgewerbe & Freizeit | 0.58 |
| Chemie | 0.52 |
| Fahrzeuge | 0.51 |
| Diverse Dienstleistungen | 0.46 |
| Flugzeug- & Raumfahrtindustrie | 0.42 |
| Diverse Handelsfirmen | 0.37 |
| Textilien, Kleidung & Lederwaren | 0.37 |
| Bergbau, Kohle & Stahl | 0.33 |
| Gesundheits- & Sozialwesen | 0.32 |
| Nichteisenmetalle | 0.29 |
| Grafisches Gewerbe, Verlage & Medien | 0.26 |
| Elektrische Geräte & Komponenten | 0.25 |
| Edelmetalle und -steine | 0.21 |
| Forstwirtschaft, Holz & Papier | 0.21 |
| Photo & Optik | 0.20 |
| Diverse Investitionsgüter | 0.09 |
| Diverse nicht klassierte Gesellschaften | 0.07 |
| Landwirtschaft & Fischerei | 0.05 |
| Umwelt & Recycling | 0.05 |
| Gummi & Reifen | 0.04 |
| Verpackungsindustrie | 0.04 |
| Total | 98.40 |


## Nettovermögensaufstellung
Aktiva	31.5.2020
USD
Wertpapierbestand, Einstandswert	488 667 265.41
Wertpapierbestand, nicht realisierte Werterhöhung (-minderung)	7 600 500.93
Total Wertpapierbestand (Erläuterung 1)	481 066 764.48
Bankguthaben, Sicht- und Fristgelder	5 898 446.62*
Forderungen aus Wertpapierverkäufen (Erläuterung 1)	2 614 965.94
Forderungen aus Zeichnungen	1 357 999.99
Zinsforderungen aus Wertpapieren	3 025.44
Forderungen aus Dividenden	421 147.51
Sonstige Forderungen	78 122.39
Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1)	-1 244 242.02
Total Aktiva	490 373 794.28
Passiva
Nicht realisierter Kursgewinn (-verlust) aus Swaps (Erläuterung 1)	177 563.93
Kontokorrentkredit	-229 246.30
Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1)	-93 540.04
Verbindlichkeiten aus Rücknahmen	-902 572.81
Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2)	-210 993.31
Rückstellungen für Abonnementsabgabe (Erläuterung 3)	-26 472.96
Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2)		-43 102.72		 Total Rückstellungen für Aufwendungen			-280 568.99
Total Passiva	-1 505 928.14
Nettovermögen am Ende des Geschäftsjahres	488 867 866.14

## Ertrags- und Aufwandsrechnung
Erträge	1.6.2019-31.5.2020
USD
Zinsertrag auf liquide Mittel	50 738.75
Zinsen auf Wertpapiere	201 655.87
Zinsertrag auf Swaps (Erläuterung 1)	124 107.98
Dividenden	3 317 751.76
Erträge aus Securities Lending (Erläuterung 15)	107 272.63
Sonstige Erträge (Erläuterung 4)	626 106.99
Total Erträge	4 429 137.97
Aufwendungen
Retrozessionen	1 503.99
Kosten aus Securities Lending (Erläuterung 15)	-42 909.05
Pauschale Verwaltungskommission (Erläuterung 2)	-5 191 911.82
Abonnementsabgabe (Erläuterung 3)	-149 962.60
Sonstige Kommissionen und Gebühren (Erläuterung 2)	-94 687.99
Total Aufwendungen	-5 483 827.94
Nettoerträge (-verluste) aus Anlagen	-1 054 689.97
Realisierte Gewinne (Verluste) (Erläuterung 1)
Zinsaufwand auf liquide Mittel und Kontokorrentkredit	-4 356.48
Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen	-13 844 219.96
Realisierter Kursgewinn (-verlust) aus Optionen	-382 284.29
Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten	465 946.93
Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten	-13 160.34
Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten	-385 995.90
Realisierter Kursgewinn (-verlust) aus Swaps	-4 468 215.32
Total der realisierten Gewinne (Verluste)	-17 408 075.57
Realisierter Nettogewinn (-verlust) des Geschäftsjahres	-18 462 765.54
Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1)
Realisierter Währungsgewinn (-verlust)	1 219 853.31
Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen	-3 036 066.17
Nicht realisierte Werterhöhung (-minderung) von Optionen	-1 742 527.94
Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente	19 133.52
Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten	-1 851 652.27
Total der Veränderungen der nicht realisierten Werterhöhung (-minderung)	-6 385 949.48
Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit	-24 848 715.02
Nicht realisierte Werterhöhung (-minderung) von Swaps	225 163.38
* Zum 31. Mai 2020 wurden gegenüber UBS AG Bankguthaben in Höhe von USD 590 000 als Sicherheit eingesetzt.
UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-31.5.2020 |
| Nettovermögen zu Beginn des Geschäftsjahres | 326 403 802.47 |
| Zeichnungen | 369 732 758.87 |
| Rücknahmen | 	-162 192 515.08	 |
| Total Mittelzufluss (-abfluss) | 207 540 243.79 |
| Ausbezahlte Dividende | -20 227 465.10 |
| Nettoerträge (-verluste) aus Anlagen | -1 054 689.97 |
| Total der realisierten Gewinne (Verluste) | -17 408 075.57 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	-6 385 949.48	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | -24 848 715.02 |
| Nettovermögen am Ende des Geschäftsjahres | 488 867 866.14 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2019-31.5.2020 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1.0000 |
| Anzahl der ausgegebenen Aktien | 0.4000 |
| Anzahl der zurückgegebenen Aktien | -0.3000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1.1000 |
| Klasse | K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 6.7000 |
| Anzahl der ausgegebenen Aktien | 3.8000 |
| Anzahl der zurückgegebenen Aktien | -2.1000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 8.4000 |
| Klasse | (HKD) K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 3.3000 |
| Anzahl der ausgegebenen Aktien | 0.1000 |
| Anzahl der zurückgegebenen Aktien | -1.3000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 2.1000 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 369 590.5000 |
| Anzahl der ausgegebenen Aktien | 456 673.8890 |
| Anzahl der zurückgegebenen Aktien | -200 256.2390 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 626 008.1500 |
| Klasse | P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 276 793.6250 |
| Anzahl der ausgegebenen Aktien | 1 682 635.1240 |
| Anzahl der zurückgegebenen Aktien | -642 487.8070 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 2 316 940.9420 |
| Klasse | (HKD) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 148 837.1680 |
| Anzahl der ausgegebenen Aktien | 94 927.7040 |
| Anzahl der zurückgegebenen Aktien | -78 522.6160 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 165 242.2560 |
| Klasse | (SGD hedged) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 390 403.7810 |
| Anzahl der ausgegebenen Aktien | 250 765.7330 |
| Anzahl der zurückgegebenen Aktien | -122 030.6320 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 519 138.8820 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 97 594.6280 |
| Anzahl der ausgegebenen Aktien | 186 463.2330 |
| Anzahl der zurückgegebenen Aktien | -96 342.7630 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 187 715.0980 |
| Klasse | (HKD) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 6 366.9850 |
| Anzahl der ausgegebenen Aktien | 7 563.1360 |
| Anzahl der zurückgegebenen Aktien | -10 541.1730 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 3 388.9480 |
| Klasse | Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 295 734.1980 |
| Anzahl der ausgegebenen Aktien | 492 585.8650 |
| Anzahl der zurückgegebenen Aktien | -271 168.2580 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 517 151.8050 |
| Klasse | (HKD) Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 28 422.9780 |
| Anzahl der ausgegebenen Aktien | 7 659.9060 |
| Anzahl der zurückgegebenen Aktien | -11 080.3760 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 25 002.5080 |
| Klasse | (SGD hedged) Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 205 589.7020 |
| Anzahl der ausgegebenen Aktien | 318 099.9930 |
| Anzahl der zurückgegebenen Aktien | -113 583.7910 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 410 105.9040 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| Monatliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| K-1-mdist | 17.6.2019 | 20.6.2019 | USD | 27 039.90 |
| K-1-mdist | 15.7.2019 | 18.7.2019 | USD | 22 541.51 |
| K-1-mdist | 16.8.2019 | 21.8.2019 | USD | 22 551.66 |
| K-1-mdist | 16.9.2019 | 19.9.2019 | USD | 22 560.03 |
| K-1-mdist | 15.10.2019 | 18.10.2019 | USD | 22 567.84 |
| K-1-mdist | 15.11.2019 | 20.11.2019 | USD | 22 574.99 |
| K-1-mdist | 16.12.2019 | 19.12.2019 | USD | 22 081.11 |
| K-1-mdist | 15.1.2020 | 21.1.2020 | USD | 22 592.54 |
| K-1-mdist | 17.2.2020 | 20.2.2020 | USD | 22 601.89 |
| K-1-mdist | 16.3.2020 | 19.3.2020 | USD | 22 607.86 |
| K-1-mdist | 15.4.2020 | 20.4.2020 | USD | 21 109.04 |
| K-1-mdist | 15.5.2020 | 20.5.2020 | USD | 18 101.06 |
| (HKD) K-1-mdist | 17.6.2019 | 20.6.2019 | HKD | 216 164.83 |
| (HKD) K-1-mdist | 15.7.2019 | 18.7.2019 | HKD | 179 558.09 |
| (HKD) K-1-mdist | 16.8.2019 | 21.8.2019 | HKD | 179 985.65 |
| (HKD) K-1-mdist | 16.9.2019 | 19.9.2019 | HKD | 180 226.45 |
| (HKD) K-1-mdist | 15.10.2019 | 18.10.2019 | HKD | 180 380.53 |
| (HKD) K-1-mdist | 15.11.2019 | 20.11.2019 | HKD | 180 399.04 |
| (HKD) K-1-mdist | 16.12.2019 | 19.12.2019 | HKD | 176 227.29 |
| (HKD) K-1-mdist | 15.1.2020 | 20.1.2020 | HKD | 179 477.70 |
| (HKD) K-1-mdist | 17.2.2020 | 20.2.2020 | HKD | 178 930.06 |
| (HKD) K-1-mdist | 16.3.2020 | 19.3.2020 | HKD | 179 627.35 |
| (HKD) K-1-mdist | 15.4.2020 | 20.4.2020 | HKD | 166 810.06 |
| (HKD) K-1-mdist | 15.5.2020 | 20.5.2020 | HKD | 143 066.81 |
| P-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| P-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| P-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| P-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| P-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| P-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| P-mdist | 16.12.2019 | 19.12.2019 | USD | 0.44 |
| P-mdist | 15.1.2020 | 21.1.2020 | USD | 0.45 |
| P-mdist | 17.2.2020 | 20.2.2020 | USD | 0.45 |
| P-mdist | 16.3.2020 | 19.3.2020 | USD | 0.45 |
| P-mdist | 15.4.2020 | 20.4.2020 | USD | 0.42 |
| P-mdist | 15.5.2020 | 20.5.2020 | USD | 0.36 |
| (HKD) P-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.39 |
| (HKD) P-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.48 |
| (HKD) P-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.49 |
| (HKD) P-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.49 |
| (HKD) P-mdist | 16.12.2019 | 19.12.2019 | HKD | 4.38 |
| (HKD) P-mdist | 15.1.2020 | 20.1.2020 | HKD | 4.46 |
| (HKD) P-mdist | 17.2.2020 | 20.2.2020 | HKD | 4.45 |
| (HKD) P-mdist | 16.3.2020 | 19.3.2020 | HKD | 4.46 |
| (HKD) P-mdist | 15.4.2020 | 20.4.2020 | HKD | 4.14 |
| (HKD) P-mdist | 15.5.2020 | 20.5.2020 | HKD | 3.55 |
| (SGD hedged) P-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) P-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) P-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| (SGD hedged) P-mdist | 16.12.2019 | 19.12.2019 | SGD | 0.39 |
| (SGD hedged) P-mdist | 15.1.2020 | 20.1.2020 | SGD | 0.42 |
| (SGD hedged) P-mdist | 17.2.2020 | 20.2.2020 | SGD | 0.42 |
| (SGD hedged) P-mdist | 16.3.2020 | 19.3.2020 | SGD | 0.42 |
| (SGD hedged) P-mdist | 15.4.2020 | 20.4.2020 | SGD | 0.39 |
| (SGD hedged) P-mdist | 15.5.2020 | 20.5.2020 | SGD | 0.33 |
| Q-mdist | 17.6.2019 | 20.6.2019 | USD | 0.54 |
| Q-mdist | 15.7.2019 | 18.7.2019 | USD | 0.45 |
| Q-mdist | 16.8.2019 | 21.8.2019 | USD | 0.45 |
| Q-mdist | 16.9.2019 | 19.9.2019 | USD | 0.45 |
| Q-mdist | 15.10.2019 | 18.10.2019 | USD | 0.45 |
| Q-mdist | 15.11.2019 | 20.11.2019 | USD | 0.45 |
| Q-mdist | 16.12.2019 | 19.12.2019 | USD | 0.44 |
| Q-mdist | 15.1.2020 | 21.1.2020 | USD | 0.45 |
| Q-mdist | 17.2.2020 | 20.2.2020 | USD | 0.45 |
| Q-mdist | 16.3.2020 | 19.3.2020 | USD | 0.45 |
| Q-mdist | 15.4.2020 | 20.4.2020 | USD | 0.42 |
| Q-mdist | 15.5.2020 | 20.5.2020 | USD | 0.36 |
| (HKD) Q-mdist | 17.6.2019 | 20.6.2019 | HKD | 5.40 |
| (HKD) Q-mdist | 15.7.2019 | 18.7.2019 | HKD | 4.49 |
| (HKD) Q-mdist | 16.8.2019 | 21.8.2019 | HKD | 4.50 |
| (HKD) Q-mdist | 16.9.2019 | 19.9.2019 | HKD | 4.51 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| --- | --- | --- | --- | --- |
| (HKD) Q-mdist | 15.10.2019 | 18.10.2019 | HKD | 4.51 |
| (HKD) Q-mdist | 15.11.2019 | 20.11.2019 | HKD | 4.52 |
| (HKD) Q-mdist | 16.12.2019 | 19.12.2019 | HKD | 4.41 |
| (HKD) Q-mdist | 15.1.2020 | 20.1.2020 | HKD | 4.50 |
| (HKD) Q-mdist | 17.2.2020 | 20.2.2020 | HKD | 4.48 |
| (HKD) Q-mdist | 16.3.2020 | 19.3.2020 | HKD | 4.50 |
| (HKD) Q-mdist | 15.4.2020 | 20.4.2020 | HKD | 4.18 |
| (HKD) Q-mdist | 15.5.2020 | 20.5.2020 | HKD | 3.59 |
| (SGD hedged) Q-mdist | 17.6.2019 | 20.6.2019 | SGD | 0.48 |
| (SGD hedged) Q-mdist | 15.7.2019 | 18.7.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.8.2019 | 21.8.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 16.9.2019 | 19.9.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.10.2019 | 18.10.2019 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.11.2019 | 20.11.2019 | SGD | 0.38 |
| (SGD hedged) Q-mdist | 16.12.2019 | 19.12.2019 | SGD | 0.39 |
| (SGD hedged) Q-mdist | 15.1.2020 | 20.1.2020 | SGD | 0.42 |
| (SGD hedged) Q-mdist | 17.2.2020 | 20.2.2020 | SGD | 0.42 |
| (SGD hedged) Q-mdist | 16.3.2020 | 19.3.2020 | SGD | 0.42 |
| (SGD hedged) Q-mdist | 15.4.2020 | 20.4.2020 | SGD | 0.40 |
| (SGD hedged) Q-mdist | 15.5.2020 | 20.5.2020 | SGD | 0.33 |

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

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 31. Mai 2020
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Inhaberaktien |  |  |  |
| Australien |  |  |  |
| AUD	AGL ENERGY NPV | 78 454.00 | 872 823.34 | 0.18 |
| AUD	AMP LIMITED NPV(POST RECON) | 18 239.00 | 19 734.48 | 0.00 |
| AUD	APA GROUP NPV | 7 699.00 | 59 334.02 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 10 906.00 | 186 197.44 | 0.04 |
| AUD	ASX LTD NPV | 1 252.00 | 73 284.42 | 0.02 |
| AUD	AURIZON HOLDINGS NPV | 13 143.00 | 41 440.54 | 0.01 |
| AUD	AUSNET SERVICES NPV | 12 564.00 | 14 636.67 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 17 546.00 | 208 365.45 | 0.04 |
| AUD	BLUESCOPE STEEL NPV | 2 664.00 | 19 505.05 | 0.00 |
| AUD	BORAL LIMITED NPV | 4 788.00 | 9 884.43 | 0.00 |
| AUD	BRAMBLES LTD NPV | 9 934.00 | 76 756.36 | 0.02 |
| AUD	CHALLENGER LIMITED NPV | 3 281.00 | 10 911.42 | 0.00 |
| AUD	CIMIC GROUP LTD NPV | 688.00 | 11 389.96 | 0.00 |
| AUD	CMNWLTH BK OF AUST NPV | 10 542.00 | 446 108.45 | 0.09 |
| AUD	COCA-COLA AMATIL NPV | 18 673.00 | 108 581.40 | 0.02 |
| AUD	COCHLEAR LTD NPV | 427.00 | 54 707.26 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 3 738.00 | 32 504.82 | 0.01 |
| AUD	CROWN RESORTS LTD NPV | 2 241.00 | 14 265.85 | 0.00 |
| AUD	CSL NPV | 2 710.00 | 496 891.61 | 0.10 |
| AUD	DEXUS NPV (STAPLED) | 7 108.00 | 42 464.61 | 0.01 |
| AUD	FLIGHT CENTRE TRAVEL GROUP LTD NPV | 779.00 | 6 763.67 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 82 475.00 | 760 981.97 | 0.16 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 9 657.00 | 98 526.56 | 0.02 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 11 712.00 | 31 019.96 | 0.01 |
| AUD	INCITEC PIVOT NPV | 5 623.00 | 7 502.42 | 0.00 |
| AUD	INSURANCE AUST GRP NPV | 16 682.00 | 67 659.16 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 3 948.00 | 33 885.42 | 0.01 |
| AUD	MACQUARIE GP LTD NPV | 2 015.00 | 147 091.14 | 0.03 |
| AUD	MAGELLAN FINANCIAL NPV | 697.00 | 26 996.71 | 0.01 |
| AUD	MEDIBANK PRIVATE L NPV | 16 619.00 | 31 440.32 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 22 449.00 | 35 018.87 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 19 173.00 | 226 668.54 | 0.05 |
| AUD	NEWCREST MINING NPV | 4 845.00 | 98 348.67 | 0.02 |
| AUD	ORICA LIMITED NPV | 3 220.00 | 36 721.15 | 0.01 |
| AUD	ORIGIN ENERGY NPV | 10 672.00 | 41 725.19 | 0.01 |
| AUD	QANTAS AIRWAYS NPV | 80 176.00 | 212 351.11 | 0.04 |
| AUD	QBE INS GROUP NPV | 9 126.00 | 53 490.72 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 1 122.00 | 52 172.09 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 415.00 | 27 677.17 | 0.01 |
| AUD	RIO TINTO LIMITED NPV | 18 023.00 | 1 117 406.53 | 0.23 |
| AUD	SANTOS LIMITED NPV | 10 827.00 | 38 522.12 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 30 014.00 | 44 428.94 | 0.01 |
| AUD	SEEK LIMITED NPV | 2 763.00 | 36 920.02 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 3 034.00 | 56 733.51 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 396.00 | 4 978.66 | 0.00 |
| AUD	SOUTH32 LTD NPV | 27 246.00 | 34 544.06 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 130 658.00 | 309 628.89 | 0.06 |
| AUD	SUNCORP GROUP LTD NPV | 7 863.00 | 48 175.61 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 5 602.00 | 21 753.85 | 0.00 |
| AUD	TABCORP HLDGS LTD NPV | 9 281.00 | 19 837.54 | 0.00 |
| AUD	TELSTRA CORP NPV | 23 828.00 | 51 247.17 | 0.01 |
| AUD	TPG TELECOM LTD NPV | 1 414.00 | 7 978.21 | 0.00 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 16 125.00 | 152 956.95 | 0.03 |
| AUD	TREASURY WINE ESTA NPV | 3 922.00 | 25 149.07 | 0.01 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 10 555.00 | 11 280.32 | 0.00 |
| AUD	WESFARMERS LTD NPV | 6 891.00 | 184 662.30 | 0.04 |
| AUD	WESTPAC BKG CORP NPV | 60 366.00 | 690 021.77 | 0.14 |
| AUD	WISETECH GLOBAL LT NPV | 778.00 | 10 530.14 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 6 420.00 | 96 610.38 | 0.02 |
| AUD	WOOLWORTHS GRP LTD NPV | 7 716.00 | 181 007.27 | 0.04 |
| AUD	WORLEY LIMITED NPV | 1 586.00 | 8 843.41 | 0.00 |
| Total Australien |  | 7 949 045.14 | 1.63 |
| Österreich |  |  |  |
| EUR	ANDRITZ AG NPV(BR) | 419.00 | 15 725.36 | 0.00 |
| EUR	ERSTE GROUP BK AG NPV | 1 612.00 | 35 440.78 | 0.01 |
| EUR	OMV AG NPV(VAR) | 13 788.00 | 455 818.07 | 0.09 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 919.00 | 16 908.01 | 0.01 |
| EUR	VERBUND AG CLASS'A'NPV | 354.00 | 15 766.63 | 0.00 |
| EUR	VOESTALPINE AG NPV | 653.00 | 12 736.81 | 0.00 |
| Total Österreich |  | 552 395.66 | 0.11 |
| Belgien |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 3 705.00 | 172 721.87 | 0.04 |
| EUR	COLRUYT SA NPV | 1 742.00 | 105 372.87 | 0.02 |
| EUR	ELIA SYS OPERATOR NPV | 42.00 | 4 933.49 | 0.00 |
| EUR	GALAPAGOS NV NPV | 251.00 | 51 191.29 | 0.01 |
| EUR	GPE BRUXELLES LAM NPV | 446.00 | 36 076.98 | 0.01 |
| EUR	PROXIMUS SA NPV | 1 015.00 | 21 220.22 | 0.00 |
| EUR	SOFINA NPV | 20.00 | 5 472.76 | 0.00 |
| EUR	SOLVAY SA NPV | 406.00 | 30 926.53 | 0.01 |
| EUR	UMICORE NPV | 1 103.00 | 48 880.57 | 0.01 |
| Total Belgien |  | 476 796.58 | 0.10 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Bermuda |  |  |  |  |
| USD | MARVELL TECH GROUP COM USD0.002 | 1 646.00 | 53 692.52 | 0.01 |
| Total Bermuda	53 692.52	0.01 |
| Kanada |  |  |  |  |
| USD | WASTE CONNECTIONS COM NPV (POST REV SPLT) | 690.00 | 64 887.60 | 0.01 |
| Total Kanada | 64 887.60 | 0.01 |
| Finnland |  |  |  |  |
| EUR | KONE CORPORATION NPV ORD 'B' | 1 684.00 | 112 916.34 | 0.02 |
| EUR | METSO OYJ NPV | 539.00 | 17 489.07 | 0.00 |
| EUR | WARTSILA OYJ ABP SER'B'EUR3.50 | 2 360.00 | 18 439.03 | 0.01 |
| Total Finnland |  | 148 844.44 | 0.03 |
| Frankreich |  |  |  |
| EUR	ACCOR EUR3 | 809.00 | 22 812.24 | 0.00 |
| EUR	ADP EUR3 | 159.00 | 16 563.28 | 0.00 |
| EUR	AIR LIQUIDE(L') EUR5.5 (POST-SUBDIVISION) | 2 367.00 | 321 481.05 | 0.07 |
| EUR	AIRBUS EUR1 | 3 117.00 | 196 589.95 | 0.04 |
| EUR	ALSTOM EUR7.00 | 1 059.00 | 44 574.71 | 0.01 |
| EUR	AMUNDI EUR2.5 (AIW) | 342.00 | 25 469.37 | 0.01 |
| EUR	ARKEMA EUR10 | 325.00 | 28 328.22 | 0.01 |
| EUR	ATOS SE EUR1 | 4 602.00 | 347 172.93 | 0.07 |
| EUR	AXA EUR2.29 | 8 902.00 | 162 197.05 | 0.03 |
| EUR	BIOMERIEUX NPV (POST SPLIT) | 214.00 | 30 731.34 | 0.01 |
| EUR	BNP PARIBAS EUR2 | 26 804.00 | 961 696.68 | 0.20 |
| EUR	BOLLORE EUR0.16 | 4 351.00 | 12 419.02 | 0.00 |
| EUR	BOUYGUES EUR1 | 1 269.00 | 38 874.70 | 0.01 |
| EUR	BUREAU VERITAS EUR0.12 | 1 283.00 | 26 102.48 | 0.01 |
| EUR	CAPGEMINI EUR8 | 878.00 | 89 948.85 | 0.02 |
| EUR	CARREFOUR EUR2.50 | 2 719.00 | 41 299.28 | 0.01 |
| EUR	CASINO GUICH-PERR EUR1.53 | 169.00 | 6 369.00 | 0.00 |
| EUR	CIE DE ST-GOBAIN EUR4 | 24 580.00 | 794 819.24 | 0.16 |
| EUR	CNP ASSURANCES EUR1 | 38 307.00 | 402 885.04 | 0.08 |
| EUR	COVIVIO EUR3 | 327.00 | 19 150.83 | 0.00 |
| EUR	CREDIT AGRICOLE SA EUR3 | 5 639.00 | 49 076.37 | 0.01 |
| EUR	DANONE EUR0.25 | 7 047.00 | 482 552.25 | 0.10 |
| EUR	DASSAULT AVIATION EUR8 | 80.00 | 68 253.80 | 0.01 |
| EUR	DASSAULT SYSTEMES EUR0.50 | 706.00 | 119 564.83 | 0.02 |
| EUR	EDENRED EUR2 | 1 278.00 | 53 423.10 | 0.01 |
| EUR	EDF EUR0.5 | 3 340.00 | 29 558.52 | 0.01 |
| EUR	EIFFAGE EUR4 | 6 149.00 | 560 866.89 | 0.12 |
| EUR	ENGIE EUR1 | 53 941.00 | 638 113.53 | 0.13 |
| EUR	ESSILORLUXOTTICA EUR0.18 | 1 491.00 | 191 972.98 | 0.04 |
| EUR	EURAZEO NPV | 237.00 | 11 546.86 | 0.00 |
| EUR	FAURECIA EUR7 | 306.00 | 11 797.54 | 0.00 |
| EUR	GETLINK SE EUR0.40 | 1 917.00 | 27 678.23 | 0.01 |
| EUR	HERMES INTL NPV | 151.00 | 125 604.11 | 0.03 |
| EUR	ICADE NPV | 77.00 | 5 511.64 | 0.00 |
| EUR	ILIAD NPV | 79.00 | 13 919.50 | 0.00 |
| EUR	INGENICO GROUP EUR1 | 367.00 | 50 702.47 | 0.01 |
| EUR	IPSEN EUR1 | 145.00 | 11 403.26 | 0.00 |
| EUR	JC DECAUX SA NPV | 269.00 | 5 472.77 | 0.00 |
| EUR	KERING EUR4 | 377.00 | 196 929.55 | 0.04 |
| EUR	KLEPIERRE EUR1.40 | 1 235.00 | 23 408.74 | 0.01 |
| EUR	L'OREAL EUR0.20 | 1 232.00 | 358 911.74 | 0.07 |
| EUR	LEGRAND SA EUR4 | 1 457.00 | 99 348.54 | 0.02 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 1 365.00 | 569 384.16 | 0.12 |
| EUR	NATIXIS EUR1.6 | 73 684.00 | 163 351.06 | 0.03 |
| EUR	ORANGE EUR4 | 9 311.00 | 112 322.66 | 0.02 |
| EUR	ORPEA EUR2.5 | 46.00 | 5 403.35 | 0.00 |
| EUR	PERNOD RICARD EUR1.55 | 1 042.00 | 162 385.52 | 0.03 |
| EUR	PEUGEOT SA EUR1 | 3 106.00 | 44 240.75 | 0.01 |
| EUR	PUBLICIS GROUPE SA EUR0.40 | 1 296.00 | 36 789.77 | 0.01 |
| EUR	REMY COINTREAU EUR1.60 | 135.00 | 16 037.86 | 0.00 |
| EUR	RENAULT SA EUR3.81 | 863.00 | 19 395.96 | 0.00 |
| EUR	SAFRAN EUR0.20 | 1 613.00 | 154 051.78 | 0.03 |
| EUR	SANOFI EUR2 | 10 020.00 | 975 587.23 | 0.20 |
| EUR	SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 117.00 | 31 729.34 | 0.01 |
| EUR	SCHNEIDER ELECTRIC EUR8 | 2 739.00 | 271 889.89 | 0.06 |
| EUR	SCOR SE EUR7.876972 (POST CONS) | 722.00 | 17 813.13 | 0.00 |
| EUR	SEB SA EUR1 | 116.00 | 15 922.62 | 0.00 |
| EUR	SOC GENERALE EUR1.25 | 3 523.00 | 51 853.69 | 0.01 |
| EUR	SODEXO EUR4 | 394.00 | 26 532.62 | 0.01 |
| EUR	SUEZ EUR4 | 1 147.00 | 13 026.59 | 0.00 |
| EUR	TELEPERFORMANCE EUR2.50 | 293.00 | 69 453.24 | 0.01 |
| EUR	THALES EUR3 | 595.00 | 45 521.92 | 0.01 |
| EUR	TOTAL EUR2.5 | 12 036.00 | 450 179.72 | 0.09 |
| EUR	UBISOFT ENTERTAIN EUR0.31 | 527.00 | 40 835.28 | 0.01 |
| EUR	UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 772.00 | 40 961.62 | 0.01 |
| EUR	VALEO EUR1 (POST SUBD) | 1 162.00 | 28 630.00 | 0.01 |
| EUR	VEOLIA ENVIRONNEME EUR5 | 17 287.00 | 378 526.70 | 0.08 |
| EUR	VINCI EUR2.50 | 2 707.00 | 250 044.36 | 0.05 |
| EUR	VIVENDI SA EUR5.50 | 4 356.00 | 98 991.45 | 0.02 |
| EUR	WENDEL EUR4 | 46.00 | 4 226.49 | 0.00 |
| EUR	WORLDLINE EUR0.68 | 708.00 | 52 859.94 | 0.01 |
| Total Frankreich |  | 10 873 051.18 | 2.22 |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 1 520.00 | 88 934.61 | 0.02 |
| EUR	BEIERSDORF AG NPV | 485.00 | 50 852.30 | 0.01 |
| EUR	CARL ZEISS MEDITEC NPV | 162.00 | 16 596.48 | 0.00 |
| EUR	COMMERZBANK AG NPV | 4 250.00 | 16 550.93 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | CONTINENTAL AG ORD NPV | 563.00 | 55 385.82 | 0.01 |
| EUR | COVESTRO AG NPV | 664.00 | 24 588.01 | 0.01 |
| EUR | DEUTSCHE WOHNEN AG NPV (BR) | 1 865.00 | 83 437.71 | 0.02 |
| EUR | FRAPORT AG NPV | 213.00 | 10 571.84 | 0.00 |
| EUR | FRESENIUS MED CARE NPV | 1 045.00 | 87 877.87 | 0.02 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 2 099.00 | 100 864.34 | 0.02 |
| EUR | GEA GROUP AG NPV | 927.00 | 27 624.47 | 0.01 |
| EUR | HEIDELBERGCEMENT NPV | 4 066.00 | 201 853.24 | 0.04 |
| EUR | HENKEL AG & CO KGAA | 560.00 | 44 881.10 | 0.01 |
| EUR | HOCHTIEF AG NPV | 4 092.00 | 360 042.34 | 0.07 |
| EUR | KION GROUP AG NPV | 244.00 | 13 624.95 | 0.00 |
| EUR | KNORR BREMSE AG NPV | 220.00 | 23 292.16 | 0.01 |
| EUR | LANXESS AG NPV | 494.00 | 25 540.80 | 0.01 |
| EUR | MERCK KGAA NPV | 622.00 | 71 367.60 | 0.01 |
| EUR | METRO AG (NEW) NPV | 1 011.00 | 9 442.03 | 0.00 |
| EUR | NEMETSCHEK SE ORD NPV | 72.00 | 5 678.32 | 0.00 |
| EUR | PUMA SE NPV | 391.00 | 27 913.73 | 0.01 |
| EUR | RWE AG (NEU) NPV | 2 943.00 | 97 521.92 | 0.02 |
| EUR | SAP AG ORD NPV | 5 143.00 | 649 312.62 | 0.13 |
| EUR | SYMRISE AG NPV (BR) | 743.00 | 81 325.24 | 0.02 |
| EUR | TEAMVIEWER AG NPV | 200.00 | 10 179.11 | 0.00 |
| EUR | THYSSENKRUPP AG NPV | 2 375.00 | 16 009.50 | 0.00 |
| EUR | VOLKSWAGEN AG ORD NPV | 164.00 | 25 977.38 | 0.01 |
| EUR | WIRECARD AG NPV | 574.00 | 60 375.51 | 0.01 |
| EUR | ZALANDO SE NPV | 769.00 | 52 042.36 | 0.01 |
| Total Deutschland	2 339 664.29	0.48 |
| Irland |  |  |  |  |
| GBP | DCC ORD EUR0.25 | 227.00 | 18 892.69 | 0.00 |
| EUR | FLUTTER ENTERTAINM ORD EUR0.09 | 650.83 | 83 470.88 | 0.02 |
| EUR | KERRY GROUP 'A'ORD EUR0.125(DUBLIN LIST) | 804.00 | 99 538.86 | 0.02 |
| USD | SEAGATE TECH PLC COM USD0.00001 | 16 522.00 | 876 326.88 | 0.18 |
| Total Irland | 1 078 229.31 | 0.22 |
| Italien |  |  |  |  |
| EUR | ASSIC GENERALI SPA EUR1 | 5 683.00 | 78 923.75 | 0.02 |
| EUR | FINECOBANK SPA EUR0.33 | 2 685.00 | 31 374.87 | 0.01 |
| EUR | LEONARDO SPA EUR4.40 | 57 952.00 | 360 992.28 | 0.07 |
| EUR | POSTE ITALIANE SPA NPV | 2 598.00 | 22 812.75 | 0.00 |
| EUR | TELECOM ITALIA SPA DI RISP EUR0.55 | 28 392.00 | 10 952.59 | 0.00 |
| EUR | TELECOM ITALIA SPA EUR0.55 | 405 709.00 | 149 828.42 | 0.03 |
| Total Italien	654 884.66	0.13 |
| Japan |  |  |  |  |
| JPY | ADVANTEST CORP NPV | 400.00 | 19 752.17 | 0.01 |
| JPY | AIR WATER INC NPV | 600.00 | 8 715.83 | 0.00 |
| JPY | AISIN SEIKI CO NPV | 200.00 | 6 302.50 | 0.00 |
| JPY | AMADA CO LTD NPV | 900.00 | 8 028.03 | 0.00 |
| JPY | AOZORA BANK LTD | 400.00 | 7 433.05 | 0.00 |
| JPY | ASAHI INTECC CO LT NPV | 600.00 | 18 378.43 | 0.01 |
| JPY | BANDAI NAMCO HLDGS NPV | 500.00 | 27 827.54 | 0.01 |
| JPY | CALBEE INC NPV | 300.00 | 8 674.06 | 0.00 |
| JPY | CENTRAL JAPAN RLWY NPV | 300.00 | 51 334.29 | 0.01 |
| JPY | CHUGAI PHARM CO NPV | 500.00 | 73 745.77 | 0.02 |
| JPY | COCA-COLA BOTTLERS NPV | 300.00 | 5 959.07 | 0.00 |
| JPY | CONCORDIA FINANCIA NPV | 2 500.00 | 8 168.19 | 0.00 |
| JPY | CREDIT SAISON CO NPV | 600.00 | 7 145.31 | 0.00 |
| JPY | CYBER AGENT NPV | 200.00 | 10 080.29 | 0.00 |
| JPY | DAI-ICHI LIFE HOLD NPV | 2 100.00 | 27 347.66 | 0.01 |
| JPY | DAICEL CORP | 400.00 | 3 386.09 | 0.00 |
| JPY | DAIFUKU CO LTD NPV | 300.00 | 23 335.04 | 0.01 |
| JPY | DAIICHI SANKYO COM NPV | 1 300.00 | 121 692.12 | 0.03 |
| JPY | DAIKIN INDUSTRIES NPV | 600.00 | 88 272.15 | 0.02 |
| JPY | DAITO TRUST CONST NPV | 1 900.00 | 200 784.33 | 0.04 |
| JPY | DAIWA HOUSE INDS NPV | 1 200.00 | 29 789.76 | 0.01 |
| JPY | DAIWA HOUSE REIT I REIT | 6.00 | 14 836.40 | 0.00 |
| JPY | DISCO CORPORATION NPV | 100.00 | 22 332.58 | 0.01 |
| JPY | EISAI CO NPV | 600.00 | 46 993.09 | 0.01 |
| JPY | FANUC CORP NPV | 400.00 | 71 341.72 | 0.02 |
| JPY | FAST RETAILING CO NPV | 100.00 | 56 184.16 | 0.01 |
| JPY | FUJI ELECTRIC CO L NPV | 500.00 | 13 361.49 | 0.00 |
| JPY | FUKUOKA FINANCIAL NPV | 500.00 | 8 135.70 | 0.00 |
| JPY | GMO PAYMENT GATEWA NPV | 100.00 | 11 259.11 | 0.00 |
| JPY | HANKYU HANSHIN HLD NPV | 500.00 | 18 471.25 | 0.01 |
| JPY | HIKARI TSUSHIN INC NPV | 100.00 | 21 914.88 | 0.01 |
| JPY | HIROSE ELECTRIC NPV | 100.00 | 11 945.98 | 0.00 |
| JPY | HOSHIZAKI CORPORAT NPV | 100.00 | 8 075.37 | 0.00 |
| JPY | HULIC CO LTD NPV | 700.00 | 7 082.19 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 600.00 | 13 310.44 | 0.00 |
| JPY | IHI CORP NPV | 400.00 | 5 751.15 | 0.00 |
| JPY | ISUZU MOTORS NPV | 1 600.00 | 14 992.35 | 0.00 |
| JPY | ITOCHU TECHNO-SOLU NPV | 100.00 | 3 378.66 | 0.00 |
| JPY | JAPAN AIRPORT TERM NPV | 200.00 | 8 799.37 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 1 200.00 | 25 807.77 | 0.01 |
| JPY | JAPAN POST INSURAN NPV | 600.00 | 7 618.69 | 0.00 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 3.00 | 16 373.51 | 0.00 |
| JPY | JGC HLDGS CORP NPV | 500.00 | 5 378.94 | 0.00 |
| JPY | JSR CORP NPV | 600.00 | 11 762.19 | 0.00 |
| JPY | KAJIMA CORP NPV | 1 400.00 | 15 879.70 | 0.00 |
| JPY | KAKAKU.COM. INC NPV | 300.00 | 7 256.69 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 1 400.00 | 13 949.97 | 0.00 |
| JPY | KANSAI PAINT CO NPV | 300.00 | 6 215.25 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | KAO CORP NPV | 1 100.00 | 88 287.93 | 0.02 |
| JPY | KAWASAKI HEAVY IND NPV | 14 100.00 | 223 275.63 | 0.05 |
| JPY | KEIHAN HOLDINGS CO NPV | 300.00 | 14 257.21 | 0.00 |
| JPY | KEIKYU CORP | 400.00 | 6 686.78 | 0.00 |
| JPY | KEIO CORPORATION NPV | 300.00 | 17 821.51 | 0.01 |
| JPY | KEISEI ELEC RY CO NPV | 300.00 | 9 843.60 | 0.00 |
| JPY | KIKKOMAN CORP NPV | 300.00 | 15 092.59 | 0.00 |
| JPY | KINTETSU GROUP HOL NPV | 300.00 | 14 730.59 | 0.00 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 1 600.00 | 32 784.15 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 100.00 | 8 910.75 | 0.00 |
| JPY | KOITO MFG CO LTD NPV | 300.00 | 12 711.75 | 0.00 |
| JPY | KOMATSU NPV | 1 900.00 | 38 446.19 | 0.01 |
| JPY | KOSE CORPORATION NPV | 100.00 | 12 521.46 | 0.00 |
| JPY | KURARAY CO NPV | 600.00 | 6 304.36 | 0.00 |
| JPY | KYUSHU RAILWAY COR NPV | 200.00 | 5 671.32 | 0.00 |
| JPY | LINE CORP NPV | 200.00 | 10 006.03 | 0.00 |
| JPY | LION CORP NPV | 400.00 | 9 152.09 | 0.00 |
| JPY | M3 INC NPV | 900.00 | 36 255.63 | 0.01 |
| JPY | MAKITA CORP NPV | 500.00 | 16 939.71 | 0.00 |
| JPY | MARUI GROUP NPV | 700.00 | 12 624.50 | 0.00 |
| JPY | MCDONALD'S HOLDING NPV | 200.00 | 10 637.21 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 300.00 | 22 583.19 | 0.01 |
| JPY | MINEBEA MITSUMI INC | 1 100.00 | 19 307.56 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 800.00 | 21 252.15 | 0.01 |
| JPY | MITSUI CHEMICALS NPV | 400.00 | 8 316.70 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 1 800.00 | 34 643.34 | 0.01 |
| JPY | MONOTARO CO.LTD NPV | 400.00 | 14 535.67 | 0.00 |
| JPY | NABTESCO CORP NPV | 300.00 | 9 314.52 | 0.00 |
| JPY | NAGOYA RAILROAD CO NPV | 400.00 | 12 066.65 | 0.00 |
| JPY | NH FOODS LTD NPV | 300.00 | 11 082.75 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 1 000.00 | 61 465.63 | 0.01 |
| JPY | NIPPON BUILDING FD REIT | 22.00 | 138 042.42 | 0.03 |
| JPY | NIPPON EXPRESS CO NPV | 200.00 | 10 284.49 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 300.00 | 20 912.42 | 0.01 |
| JPY | NIPPON SHINYAKU CO NPV | 100.00 | 8 613.73 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 35 700.00 | 328 916.51 | 0.07 |
| JPY | NISSAN CHEMICAL CO NPV | 200.00 | 8 827.21 | 0.00 |
| JPY | NISSHIN SEIFUN GRP NPV | 600.00 | 9 350.72 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 200.00 | 16 707.66 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 200.00 | 36 264.91 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 400.00 | 21 645.70 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 24 400.00 | 451 604.40 | 0.09 |
| JPY | OBAYASHI CORP NPV | 17 700.00 | 163 799.14 | 0.03 |
| JPY | OBIC CO LTD NPV | 100.00 | 17 338.84 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 700.00 | 17 471.57 | 0.01 |
| JPY | OJI HOLDINGS CO NPV | 1 300.00 | 6 528.06 | 0.00 |
| JPY | OLYMPUS CORP NPV | 57 300.00 | 995 377.09 | 0.21 |
| JPY | ONO PHARMACEUTICAL NPV | 900.00 | 25 704.74 | 0.01 |
| JPY | ORACLE CORP JAPAN NPV | 100.00 | 11 676.80 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 400.00 | 57 975.59 | 0.01 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 1 000.00 | 20 151.30 | 0.01 |
| JPY | PEPTIDREAM INC NPV | 100.00 | 4 487.86 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 300.00 | 3 968.07 | 0.00 |
| JPY | PIGEON CORP NPV | 200.00 | 7 796.91 | 0.00 |
| JPY | RAKUTEN INC NPV | 1 800.00 | 16 306.68 | 0.00 |
| JPY | RECRUIT HLDGS CO L NPV | 3 000.00 | 103 309.05 | 0.02 |
| JPY | RINNAI CORP NPV | 100.00 | 8 418.81 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 400.00 | 6 048.17 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 800.00 | 17 145.77 | 0.01 |
| JPY | SECOM CO NPV | 500.00 | 43 319.26 | 0.01 |
| JPY | SEIBU HOLDINGS INC NPV | 600.00 | 7 841.46 | 0.00 |
| JPY | SEKISUI HOUSE NPV | 1 500.00 | 28 577.06 | 0.01 |
| JPY | SHARP CORP NPV | 500.00 | 5 416.07 | 0.00 |
| JPY | SHIMANO INC NPV | 200.00 | 36 775.42 | 0.01 |
| JPY | SHIMIZU CORP NPV | 1 800.00 | 15 237.39 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 800.00 | 93 711.42 | 0.02 |
| JPY | SHINSEI BANK NPV | 700.00 | 8 933.96 | 0.00 |
| JPY | SHIONOGI & CO NPV | 700.00 | 41 330.12 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 900.00 | 54 884.67 | 0.01 |
| JPY | SHOWA DENKO KK NPV | 300.00 | 7 170.37 | 0.00 |
| JPY | SMC CORP NPV | 100.00 | 50 466.42 | 0.01 |
| JPY | SONY FINANCIAL HOL NPV | 400.00 | 9 638.46 | 0.00 |
| JPY | SQUARE-ENIX HOLDIN NPV | 200.00 | 9 709.01 | 0.00 |
| JPY | STANLEY ELECTRIC NPV | 100.00 | 2 430.96 | 0.00 |
| JPY | SUMITOMO HEAVY IND NPV | 33 200.00 | 758 082.34 | 0.16 |
| JPY | SUMITOMO METAL MNG NPV | 600.00 | 16 713.23 | 0.00 |
| JPY | SUMITOMO RUBBER NPV | 800.00 | 8 138.49 | 0.00 |
| JPY | SUNTORY BEVERAGE & NPV | 200.00 | 8 168.19 | 0.00 |
| JPY | SUZUKEN CO LTD NPV | 200.00 | 7 267.83 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 800.00 | 27 816.40 | 0.01 |
| JPY | SYSMEX CORP NPV | 400.00 | 31 967.33 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 1 700.00 | 15 353.41 | 0.00 |
| JPY | TAIHEIYO CEMENT NPV | 500.00 | 11 820.67 | 0.00 |
| JPY | TAISEI CORP NPV | 500.00 | 17 357.40 | 0.01 |
| JPY | TAIYO NIPPON SANSO NPV | 300.00 | 5 045.71 | 0.00 |
| JPY | TEIJIN LTD NPV | 200.00 | 3 274.70 | 0.00 |
| JPY | TERUMO CORP NPV | 1 300.00 | 51 041.91 | 0.01 |
| JPY | THK CO LTD NPV | 400.00 | 10 395.88 | 0.00 |
| JPY | TOBU RAILWAY CO NPV | 500.00 | 17 728.69 | 0.01 |
| JPY | TOHO CO LTD NPV | 200.00 | 7 351.37 | 0.00 |
| JPY | TOHO GAS CO NPV | 300.00 | 14 786.28 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 1 000.00 | 10 358.75 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | TOKYO GAS CO NPV | 800.00 | 19 087.58 | 0.01 |
| JPY | TOKYU CORP NPV | 1 000.00 | 15 853.72 | 0.00 |
| JPY | TORAY INDS INC NPV | 2 400.00 | 11 670.86 | 0.00 |
| JPY | TOSOH CORP NPV | 500.00 | 6 952.24 | 0.00 |
| JPY | TOTO LTD NPV | 200.00 | 7 926.86 | 0.00 |
| JPY | TOYO SUISAN KAISHA NPV | 300.00 | 15 677.36 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 300.00 | 15 343.20 | 0.00 |
| JPY | TOYOTA TSUSHO CORP NPV | 500.00 | 12 669.98 | 0.00 |
| JPY | TSURUHA HOLDINGS I NPV | 100.00 | 14 777.00 | 0.00 |
| JPY | USS CO LTD NPV | 100.00 | 1 743.17 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 100.00 | 8 400.24 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 300.00 | 18 378.43 | 0.01 |
| JPY | YAMAHA CORP NPV | 300.00 | 14 591.36 | 0.00 |
| JPY | YAMATO HOLDINGS CO NPV | 500.00 | 11 064.19 | 0.00 |
| JPY | ZOZO INC NPV | 238.00 | 4 382.90 | 0.00 |
| Total Japan | 6 193 393.77 | 1.27 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 27 181.00 | 50 345.31 | 0.01 |
| Total Jersey |  | 50 345.31 | 0.01 |
| Luxemburg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 7 031.00 | 38 651.05 | 0.01 |
| EUR	EUROFINS SCIENTIFI EUR0.10 | 66.00 | 44 621.70 | 0.01 |
| Total Luxemburg |  | 83 272.75 | 0.02 |
| Niederlande |  |  |  |
| USD	AERCAP HOLDINGS EUR0.01 | 596.00 | 19 215.04 | 0.00 |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 948.00 | 77 611.77 | 0.02 |
| EUR	ALTICE EUROPE N.V. EUR0.01 (COMMON SHARES A) | 3 332.00 | 13 342.86 | 0.00 |
| EUR	EXOR NV EUR0.01 | 676.00 | 36 439.43 | 0.01 |
| EUR	HEINEKEN HOLDING EUR1.6 | 587.00 | 48 383.55 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 1 179.00 | 108 169.28 | 0.02 |
| EUR	ING GROEP N.V. EUR0.01 | 18 561.00 | 119 872.59 | 0.03 |
| EUR	JUST EAT TAKEAWAY EUR0.04 | 600.00 | 65 112.52 | 0.01 |
| EUR	KON KPN NV EUR0.04 | 16 884.00 | 41 393.15 | 0.01 |
| EUR	KONINKLIJKE AHOLD EUR0.01 | 38 911.00 | 987 277.27 | 0.20 |
| EUR	KONINKLIJKE PHILIPS NV EUR0.20 | 12 272.00 | 556 814.47 | 0.11 |
| USD	NXP SEMICONDUCTORS EUR0.20 | 1 501.00 | 144 246.10 | 0.03 |
| EUR	QIAGEN NV EUR0.01 | 1 137.00 | 49 717.01 | 0.01 |
| EUR	RANDSTAD N.V. EUR0.10 | 784.00 | 32 903.67 | 0.01 |
| GBP	ROYAL DUTCH SHELL 'B'SHS EUR0.07 (UK LIST) | 14 882.00 | 225 567.04 | 0.05 |
| EUR	STMICROELECTRONICS EUR1.04 | 3 367.00 | 82 733.29 | 0.02 |
| EUR	VOPAK(KON) EUR0.50 | 291.00 | 15 961.34 | 0.00 |
| EUR	WOLTERS KLUWER EUR0.12 | 1 401.00 | 111 706.28 | 0.02 |
| Total Niederlande |  | 2 736 466.66 | 0.56 |
| Papua-Neuguinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 7 812.00 | 18 045.91 | 0.00 |
| Total Papua-Neuguinea |  | 18 045.91 | 0.00 |
| Singapur |  |  |  |
| USD	FLEX LTD COM USD0.01 | 658.00 | 6 389.18 | 0.00 |
| Total Singapur |  | 6 389.18 | 0.00 |
| Spanien |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 1 135.00 | 28 974.77 | 0.01 |
| EUR	AENA SME S.A. EUR10 | 309.00 | 44 064.41 | 0.01 |
| EUR	AMADEUS IT GROUP EUR0.01 | 19 680.00 | 1 027 565.79 | 0.21 |
| EUR	CAIXABANK SA EUR1 | 339 006.00 | 633 328.24 | 0.13 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 1 401.00 | 79 353.85 | 0.02 |
| EUR	ENAGAS SA EUR1.50 | 34 401.00 | 773 354.90 | 0.16 |
| EUR	ENDESA SA EUR1.2 | 1 764.00 | 41 892.66 | 0.01 |
| EUR	FERROVIAL SA EUR0.2 | 2 714.00 | 73 721.98 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 1 448.00 | 45 292.40 | 0.01 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 94 728.00 | 1 020 831.25 | 0.21 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 22 210.00 | 618 867.60 | 0.13 |
| EUR	NATURGY ENERGY GRO EUR1 | 29 223.00 | 542 691.08 | 0.11 |
| EUR	RED ELECTRICA CORP EUR0.5 | 26 856.00 | 473 192.62 | 0.10 |
| EUR	REPSOL SA EUR1 | 6 994.00 | 65 116.72 | 0.01 |
| EUR	SIEMENS GAMESA REN EUR0.17 | 1 028.00 | 17 306.81 | 0.00 |
| EUR	TELEFONICA SA EUR1 | 23 880.00 | 112 653.34 | 0.02 |
| Total Spanien |  | 5 598 208.42 | 1.15 |
| Grossbritannien |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 2 576.00 | 26 273.85 | 0.01 |
| GBP	ASTRAZENECA ORD USD0.25 | 3 583.00 | 380 065.08 | 0.08 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 174.00 | 8 793.95 | 0.00 |
| GBP	AVIVA ORD GBP0.25 | 7 058.00 | 21 613.82 | 0.01 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 8 868.00 | 54 400.93 | 0.01 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 122 884.00 | 755 049.80 | 0.16 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 6 245.00 | 246 251.53 | 0.05 |
| GBP	BRITISH LAND CO PLC REIT | 3 031.00 | 15 262.44 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 18 214.00 | 26 177.14 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 698.00 | 16 279.31 | 0.00 |
| USD	COCA-COLA EUROPEAN ORD EUR0.01 | 1 070.00 | 40 339.00 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 53 823.00 | 187 912.84 | 0.04 |
| GBP	HALMA ORD GBP0.10 | 784.00 | 22 583.74 | 0.01 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 159.00 | 5 053.86 | 0.00 |
| USD	IHS MARKIT LTD COM | 815.00 | 56 609.90 | 0.01 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 3 641.00 | 20 454.21 | 0.00 |
| GBP	ITV ORD GBP0.10 | 9 750.00 | 9 676.89 | 0.00 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 1 096.00 | 8 921.21 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| GBP | JOHNSON MATTHEY ORD GBP1.109245 | 496.00 | 12 957.02 | 0.00 |
| GBP | KINGFISHER ORD GBP0.157142857 | 6 300.00 | 15 125.64 | 0.00 |
| GBP | LAND SECURITIES GP ORD GBP0.106666666 | 1 876.00 | 14 050.31 | 0.00 |
| USD | LIBERTY GLOBAL INC USD0.01 A | 8 693.00 | 184 639.32 | 0.04 |
| GBP | LLOYDS BANKING GP ORD GBP0.1 | 181 986.00 | 67 204.30 | 0.01 |
| GBP | MELROSE INDUST PLC ORD GBP0.0685714 | 14 117.00 | 20 096.96 | 0.00 |
| GBP | NATIONAL GRID ORD GBP0.12431289 | 9 286.00 | 106 307.41 | 0.02 |
| GBP | OCADO GROUP PLC ORD GBP0.02 | 1 260.00 | 34 130.04 | 0.01 |
| GBP | RECKITT BENCK GRP ORD GBP0.10 | 1 901.00 | 169 778.90 | 0.04 |
| GBP | RELX PLC GBP0.1444 | 5 466.00 | 126 603.93 | 0.03 |
| GBP | RENTOKIL INITIAL ORD GBP0.01 | 5 533.00 | 33 983.34 | 0.01 |
| GBP | ROLLS-ROYCE HLDGS ORD GBP0.20 | 4 074.00 | 13 679.63 | 0.00 |
| GBP | SAGE GROUP GBP0.01051948 | 3 300.00 | 28 191.35 | 0.01 |
| GBP | SEVERN TRENT ORD GBP0.9789 | 633.00 | 19 102.73 | 0.00 |
| GBP | SMITHS GROUP ORD GBP0.375 | 938.00 | 15 150.82 | 0.00 |
| GBP | SPIRAX-SARCO ENG ORD GBP0.269230769 | 171.00 | 20 865.90 | 0.00 |
| GBP | SSE PLC ORD GBP0.50 | 2 306.00 | 35 394.02 | 0.01 |
| GBP | ST JAMES'S PLACE ORD GBP0.15 | 1 658.00 | 18 833.42 | 0.00 |
| EUR | UNILEVER EUR0.16 | 6 943.00 | 359 044.41 | 0.07 |
| GBP | UNITED UTILITIES G ORD GBP0.05 | 1 870.00 | 21 213.82 | 0.01 |
| GBP | WHITBREAD ORD GBP0.76797385 | 16 052.00 | 501 683.81 | 0.10 |
| USD | WILLIS TOWERS WATS COM USD0.000304635 | 304.00 | 61 681.60 | 0.01 |
| GBP | WPP PLC ORD GBP0.10 | 3 714.00 | 28 082.33 | 0.01 |
| Total Grossbritannien |  | 3 809 520.51 | 0.78 |
| Vereinigte Staaten |  |  |  |
| USD	3M CO COM | 1 332.00 | 208 378.08 | 0.04 |
| USD	AFLAC INC COM USD0.10 | 1 614.00 | 58 862.58 | 0.01 |
| USD	AKAMAI TECHNOLOGIES INC COM | 7 549.00 | 798 684.20 | 0.16 |
| USD	ALBEMARLE CORP COM USD0.01 | 318.00 | 24 333.36 | 0.01 |
| USD	ALIGN TECHNOLOGY INC COM | 179.00 | 43 965.98 | 0.01 |
| USD	ALLEGHANY CORP DEL COM | 14.00 | 7 183.40 | 0.00 |
| USD	ALLIANCE DATA SYST COM USD0.01 | 116.00 | 5 374.28 | 0.00 |
| USD	ALLIANT ENERGY CORP COM | 476.00 | 23 495.36 | 0.00 |
| USD	ALNYLAM PHARMACEUTICALS INC COM | 220.00 | 29 759.40 | 0.01 |
| USD	ALPHABET INC CAP STK USD0.001 CL C | 1 247.00 | 1 781 863.24 | 0.36 |
| USD	ALTICE USA INC COM USD0.01 CL A | 509.00 | 13 091.48 | 0.00 |
| USD	AMER ELEC PWR INC COM USD6.50 | 1 030.00 | 87 807.50 | 0.02 |
| USD	AMERICAN WATER WOR COM STK USD0.01 | 444.00 | 56 388.00 | 0.01 |
| USD	ANSYS INC COM | 198.00 | 56 034.00 | 0.01 |
| USD	ARISTA NETWORKS IN COM USD0.0001 | 133.00 | 31 050.18 | 0.01 |
| USD	ARROW ELECTRS INC COM | 219.00 | 15 128.52 | 0.00 |
| USD	BAKER HUGHES COMPA COM USD0.0001 CL A | 1 556.00 | 25 689.56 | 0.01 |
| USD	BERKLEY(WR)CORP COM USD0.20 | 363.00 | 21 035.85 | 0.00 |
| USD	BERKSHIRE HATHAWAY CLASS'B'COM USD0.0033 | 3 073.00 | 570 287.34 | 0.12 |
| USD	BIO RAD LABS INC CL A | 32.00 | 15 722.24 | 0.00 |
| USD	BIOMARIN PHARMA COM USD0.001 | 503.00 | 53 594.65 | 0.01 |
| USD	BLACK KNIGHT INC COM USD0.0001 WI | 416.00 | 32 023.68 | 0.01 |
| USD	BLACKROCK INC COM STK USD0.01 | 364.00 | 192 424.96 | 0.04 |
| USD	BOOZ ALLEN HAMILTO COM USD0.01 CLASS 'A' | 374.00 | 29 830.24 | 0.01 |
| USD	BOSTON PPTYS INC COM USD0.01 | 365.00 | 31 382.70 | 0.01 |
| USD	BOSTON SCIENTIFIC COM USD0.01 | 3 220.00 | 122 327.80 | 0.03 |
| USD	BROADRIDGE FIN SOL COM STK USD0.01 | 315.00 | 38 146.50 | 0.01 |
| USD	BROWN & BROWN INC COM | 514.00 | 20 662.80 | 0.00 |
| USD	BROWN FORMAN CORP CL B | 760.00 | 50 106.80 | 0.01 |
| USD	CABLE ONE INC COM USD1 'WI' | 3.00 | 5 660.67 | 0.00 |
| USD	CABOT OIL & GAS CO COM USD0.10 | 721.00 | 14 304.64 | 0.00 |
| USD	CADENCE DESIGN SYS COM USD0.01 | 10 863.00 | 991 683.27 | 0.20 |
| USD	CAMPBELL SOUP CO CAP USD0.0375 | 7 010.00 | 357 369.80 | 0.07 |
| USD	CATALENT INC COM USD0.01 | 69.00 | 5 363.37 | 0.00 |
| USD	CDK GLOBAL INC COM USD0.01 | 364.00 | 14 308.84 | 0.00 |
| USD	CDW CORP COM USD0.01 | 360.00 | 39 927.60 | 0.01 |
| USD	CERNER CORP COM | 766.00 | 55 841.40 | 0.01 |
| USD	CHENIERE ENERGY INC COM NEW | 671.00 | 29 758.85 | 0.01 |
| USD	CINCINNATI FINL CORP COM | 399.00 | 23 521.05 | 0.00 |
| USD	CINTAS CORP COM | 200.00 | 49 592.00 | 0.01 |
| USD	CLOROX CO DEL COM | 319.00 | 65 793.75 | 0.01 |
| USD	CME GROUP INC COM STK USD0.01 CLASS'A' | 841.00 | 153 566.60 | 0.03 |
| USD	CMS ENERGY CORP COM | 607.00 | 35 558.06 | 0.01 |
| USD	COCA-COLA CO COM USD0.25 | 9 660.00 | 450 928.80 | 0.09 |
| USD	COGNEX CORP COM | 460.00 | 26 100.40 | 0.01 |
| USD	COLGATE-PALMOLIVE COM USD1 | 1 877.00 | 135 763.41 | 0.03 |
| USD	CONSTELLATION BRDS CLASS'A'COM USD0.01 | 391.00 | 67 525.70 | 0.01 |
| USD	COPART INC COM | 521.00 | 46 572.19 | 0.01 |
| USD	COSTAR GROUP INC COM | 83.00 | 54 514.40 | 0.01 |
| USD	COTY INC COM USD0.01 CL 'A' | 573.00 | 2 079.99 | 0.00 |
| USD	COUPA SOFTWARE INC COM USD0.0001 | 80.00 | 18 200.80 | 0.00 |
| USD	CSX CORP COM USD1 | 1 726.00 | 123 547.08 | 0.03 |
| USD	DEERE & CO COM USD1 | 760.00 | 115 611.20 | 0.02 |
| USD	DEVON ENERGY CORP NEW COM | 809.00 | 8 745.29 | 0.00 |
| USD	DEXCOM INC COM | 215.00 | 81 336.65 | 0.02 |
| USD	DIGITAL REALTY TRU COM STK USD0.01 | 649.00 | 93 170.44 | 0.02 |
| USD	DISCOVERY INC COM USD0.01 SER A | 38 567.00 | 838 832.25 | 0.17 |
| USD	DISCOVERY INC COM USD0.01 SER C | 833.00 | 16 318.47 | 0.00 |
| USD	DOMINION ENERGY IN COM STK NPV | 1 983.00 | 168 574.83 | 0.03 |
| USD	DROPBOX INC COM USD0.00001 CL A | 450.00 | 10 156.50 | 0.00 |
| USD	DUKE ENERGY CORP COM USD0.001 (POST REV SPLT) | 1 795.00 | 153 705.85 | 0.03 |
| USD	ECOLAB INC COM | 632.00 | 134 350.56 | 0.03 |
| USD	EDWARDS LIFESCIENCES CORP COM | 483.00 | 108 539.76 | 0.02 |
| USD	EOG RESOURCES INC COM USD0.01 | 1 411.00 | 71 918.67 | 0.01 |
| USD	EPAM SYS INC COM USD0.001 | 125.00 | 28 830.00 | 0.01 |
| USD	EQUIFAX INC COM | 250.00 | 38 390.00 | 0.01 |
| USD	EQUITY LIFESTYLE PPTYS INC | 492.00 | 30 651.60 | 0.01 |
| USD	EQUITY RESIDENTIAL SBI USD0.01 | 862.00 | 52 202.72 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | ERIE INDTY CO CL A | 28.00 | 5 046.72 | 0.00 |
| USD | ESSEX PROP TRUST COM USD0.0001 | 147.00 | 35 687.19 | 0.01 |
| USD | EXACT SCIENCES CORP COM | 288.00 | 24 733.44 | 0.01 |
| USD | EXPEDTRS INTL WASH COM USD0.01 | 11 301.00 | 863 057.37 | 0.18 |
| USD | F M C CORP COM NEW | 237.00 | 23 323.17 | 0.00 |
| USD | F5 NETWORK INC COM STK NPV | 140.00 | 20 288.80 | 0.00 |
| USD | FACTSET RESH SYS INC COM | 89.00 | 27 368.39 | 0.01 |
| USD | FAIR ISAAC CORP COM | 14.00 | 5 637.10 | 0.00 |
| USD | FASTENAL COM USD0.01 | 1 448.00 | 59 744.48 | 0.01 |
| USD | FIDELITY NATL FINL FNF GROUP COM USD0.0001 | 809.00 | 25 807.10 | 0.01 |
| USD | FLIR SYS INC COM | 401.00 | 18 526.20 | 0.00 |
| USD | FORTINET INC COM USD0.001 | 1 063.00 | 147 969.60 | 0.03 |
| USD | FORTIVE CORP COM USD0.01 | 722.00 | 44 027.56 | 0.01 |
| USD | FRANKLIN RES INC COM | 868.00 | 16 379.16 | 0.00 |
| USD | GALLAGHER ARTHUR J & CO COM | 512.00 | 48 271.36 | 0.01 |
| USD | GAP INC DEL COM | 710.00 | 6 319.00 | 0.00 |
| USD | GARTNER INC COM | 245.00 | 29 816.50 | 0.01 |
| USD | GEN DYNAMICS CORP COM USD1 | 556.00 | 81 637.48 | 0.02 |
| USD | GEN ELEC CO COM USD0.06 | 20 818.00 | 136 774.26 | 0.03 |
| USD | GRUBHUB INC COM USD0.0001 | 18.00 | 1 021.32 | 0.00 |
| USD | GUIDEWIRE SOFTWARE COM USD0.0001 | 212.00 | 21 746.96 | 0.00 |
| USD | HANESBRANDS INC COM | 55.00 | 542.30 | 0.00 |
| USD | HARLEY DAVIDSON INC COM | 21.00 | 448.14 | 0.00 |
| USD | HEICO CORP NEW CL A | 218.00 | 18 301.10 | 0.00 |
| USD | HEICO CORP NEW COM | 158.00 | 15 920.08 | 0.00 |
| USD | HENRY JACK & ASSOC COM USD0.01 | 219.00 | 39 608.34 | 0.01 |
| USD | HONEYWELL INTL INC COM USD1 | 1 741.00 | 253 924.85 | 0.05 |
| USD | HUNT J B TRANS SVCS INC COM | 233.00 | 27 883.11 | 0.01 |
| USD | IAC INTERACTIVECOR COM USD0.001 | 193.00 | 52 181.41 | 0.01 |
| USD | IDEX CORP COM | 208.00 | 33 148.96 | 0.01 |
| USD | IDEXX LABORATORIES COM USD0.10 | 205.00 | 63 320.40 | 0.01 |
| USD | ILLINOIS TOOL WKS COM NPV | 734.00 | 126 585.64 | 0.03 |
| USD | ILLUMINA INC COM USD0.01 | 354.00 | 128 519.70 | 0.03 |
| USD | INCYTE CORPORATION COM USD0.001 | 377.00 | 38 420.07 | 0.01 |
| USD | INSULET CORP COM STK USD0.001 | 122.00 | 23 005.54 | 0.00 |
| USD | INTERCONTINENTAL E COM USD0.01 | 1 296.00 | 126 036.00 | 0.03 |
| USD | INTERNATIONAL FLAVORS&FRAGRANC COM | 255.00 | 33 963.45 | 0.01 |
| USD | INTERPUBLIC GROUP COM USD0.10 | 979.00 | 16 750.69 | 0.00 |
| USD | INTUITIVE SURGICAL COM USD0.001 | 271.00 | 157 188.13 | 0.03 |
| USD | INVITATION HOMES I COM USD0.01 | 1 033.00 | 27 167.90 | 0.01 |
| USD | IONIS PHARMACEUTIC COM USD0.001 | 325.00 | 18 268.25 | 0.00 |
| USD | IPG PHOTONICS CORP COM USD0.0001 | 134.00 | 20 823.60 | 0.00 |
| USD | JOHNSON & JOHNSON COM USD1 | 7 137.00 | 1 061 628.75 | 0.22 |
| USD | JP MORGAN CHASE & COM USD1 | 8 649.00 | 841 634.19 | 0.17 |
| USD | JUNIPER NETWORKS COM USD0.00001 | 19 480.00 | 472 584.80 | 0.10 |
| USD | KRAFT HEINZ CO COM USD0.01 | 1 657.00 | 50 488.79 | 0.01 |
| USD | LAMB WESTON HLDGS COM USD1.00 WI | 2 413.00 | 144 924.78 | 0.03 |
| USD | LEIDOS HLDGS INC COM USD0.0001 | 308.00 | 32 429.32 | 0.01 |
| USD | LENNOX INTL INC COM | 85.00 | 18 176.40 | 0.00 |
| USD | LIBERTY BROADBAND COM USD0.01 CL 'A' | 40.00 | 5 387.60 | 0.00 |
| USD | LIBERTY BROADBAND COM USD0.01 CL 'C' | 271.00 | 37 024.02 | 0.01 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER A SIRIUSXM | 152.00 | 5 548.00 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C SIRIUSXM | 517.00 | 18 854.99 | 0.00 |
| USD | LIBERTY MEDIA CORP COM USD0.01 SER C FORMULA | 534.00 | 18 503.10 | 0.00 |
| USD | LIVE NATION INC COM | 386.00 | 18 975.76 | 0.00 |
| USD | LOCKHEED MARTIN CORP COM | 592.00 | 229 956.48 | 0.05 |
| USD | LOEWS CORP COM | 573.00 | 19 046.52 | 0.00 |
| USD | LYONDELLBASELL IND COM USD0.01 | 669.00 | 42 655.44 | 0.01 |
| USD | M & T BANK CORP COM USD0.50 | 311.00 | 32 860.26 | 0.01 |
| USD | MARKEL CORP COM | 22.00 | 19 743.24 | 0.00 |
| USD | MARKETAXESS HLDGS INC COM | 91.00 | 46 281.69 | 0.01 |
| USD | MARSH & MCLENNAN COM USD1 | 1 212.00 | 128 375.04 | 0.03 |
| USD | MARTIN MARIETTA M. COM USD0.01 | 125.00 | 24 011.25 | 0.01 |
| USD | MASIMO CORPORATION COM STK USD0.001 | 20.00 | 4 803.80 | 0.00 |
| USD | MATCH GROUP INC COM USD0.001 | 100.00 | 8 904.00 | 0.00 |
| USD | MAXIM INTEGRATED COM USD0.001 | 573.00 | 33 050.64 | 0.01 |
| USD | MEDICAL PROP TST COM USD0.001 | 1 434.00 | 25 926.72 | 0.01 |
| USD | METTLER TOLEDO INTERNATIONAL COM | 815.00 | 647 925.00 | 0.13 |
| USD | MOLINA HEALTHCARE INC COM | 27.00 | 5 017.14 | 0.00 |
| USD | MONGODB INC COM USD0.001 CL A | 100.00 | 23 211.00 | 0.00 |
| USD | MONSTER BEV CORP USD0.005(NEW) | 964.00 | 69 321.24 | 0.01 |
| USD | MOODYS CORP COM USD0.01 | 398.00 | 106 429.18 | 0.02 |
| USD | MYLAN NV EUR0.01 | 11 393.00 | 194 478.51 | 0.04 |
| USD | NASDAQ INC COM STK USD0.01 | 290.00 | 34 353.40 | 0.01 |
| USD | NEUROCRINE BIOSCIENCES INC COM | 232.00 | 28 944.32 | 0.01 |
| USD | NEWS CORP NEW COM USD0.01 CL'A' | 609.00 | 7 460.25 | 0.00 |
| USD | NEXTERA ENERGY INC COM USD0.01 | 1 136.00 | 290 316.16 | 0.06 |
| USD | NORDSTROM INC COM NPV | 388.00 | 6 258.44 | 0.00 |
| USD | NORTHROP GRUMMAN COM USD1 | 374.00 | 125 364.80 | 0.03 |
| USD | OKTA INC COM USD0.0001 CL A | 285.00 | 55 740.30 | 0.01 |
| USD | OMEGA HEALTHCARE INVESTORS INC | 571.00 | 17 780.94 | 0.00 |
| USD | PAYCOM SOFTWARE IN COM USD0.01 | 110.00 | 32 695.30 | 0.01 |
| USD | PEOPLE'S UNITED FINANCIAL INC COM STK USD0.01 | 1 106.00 | 12 663.70 | 0.00 |
| USD | PEPSICO INC CAP USD0.016666 | 3 234.00 | 425 432.70 | 0.09 |
| USD | PERKINELMER INC COM USD1 | 228.00 | 22 907.16 | 0.00 |
| USD | PHILIP MORRIS INTL COM STK NPV 'WI' | 9 099.00 | 667 502.64 | 0.14 |
| USD | PIONEER NATURAL RE COM STK USD0.01 | 482.00 | 44 151.20 | 0.01 |
| USD | PPG INDS INC COM | 578.00 | 58 765.26 | 0.01 |
| USD | PROGRESSIVE CP(OH) COM USD1 | 1 357.00 | 105 411.76 | 0.02 |
| USD | PTC INC COM USD0.01 | 306.00 | 23 372.28 | 0.00 |
| USD | PUBLIC STORAGE COM USD0.10 | 365.00 | 74 000.10 | 0.02 |
| USD | PULTE GROUP INC COM USD0.01 | 29 390.00 | 998 378.30 | 0.20 |
| USD | QORVO INC COM USD 0.0001 | 273.00 | 28 594.02 | 0.01 |
| USD | RALPH LAUREN CORP CLASS 'A' COM USD0.01 | 2 912.00 | 219 885.12 | 0.05 |
| USD | REALTY INCOME CORP | 864.00 | 47 787.84 | 0.01 |
| USD | RESMED INC COM USD0.004 | 378.00 | 60 789.96 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | RINGCENTRAL INC COM USD0.0001 CL'A' | 171.00 | 46 896.75 | 0.01 |
| USD | ROKU INC COM USD0.0001 CLASS A | 207.00 | 22 668.57 | 0.00 |
| USD | ROLLINS INC COM | 291.00 | 12 163.80 | 0.00 |
| USD | ROPER TECHNOLOGIES COM USD0.01 | 247.00 | 97 268.60 | 0.02 |
| USD | RPM INTERNATIONAL COM USD0.01 | 350.00 | 26 173.00 | 0.01 |
| USD | S&P GLOBAL INC COM USD1 | 562.00 | 182 661.24 | 0.04 |
| USD | SAREPTA THERA INC COM USD0.0001 | 217.00 | 33 042.59 | 0.01 |
| USD | SEATTLE GENETICS I COM USD0.001 | 277.00 | 43 547.17 | 0.01 |
| USD | SEMPRA ENERGY COM NPV | 712.00 | 89 932.72 | 0.02 |
| USD | SHERWIN-WILLIAMS COM USD1 | 193.00 | 114 613.05 | 0.02 |
| USD | SMITH A O COM | 222.00 | 10 545.00 | 0.00 |
| USD | SNAP INC COM USD0.00001 CL A | 1 642.00 | 31 099.48 | 0.01 |
| USD | SOUTHERN CO COM | 2 486.00 | 141 876.02 | 0.03 |
| USD | SPLUNK INC COM USD0.001 | 360.00 | 66 902.40 | 0.01 |
| USD | SS&C TECH HLDGS COM USD0.01 | 554.00 | 32 073.83 | 0.01 |
| USD | STRYKER CORP COM USD0.10 | 816.00 | 159 715.68 | 0.03 |
| USD | SUN COMMUNITIES COM USD0.01 | 232.00 | 31 828.08 | 0.01 |
| USD | SVB FINL GROUP COM | 103.00 | 22 119.25 | 0.00 |
| USD | SYNOPSYS INC COM USD0.01 | 2 502.00 | 452 636.82 | 0.09 |
| USD | TAKE TWO INTERACTI COM USD0.01 | 6 456.00 | 879 113.52 | 0.18 |
| USD | TELADOC HEALTH INC COM USD0.001 | 26.00 | 4 525.56 | 0.00 |
| USD | TELEDYNE TECHNOLOGIES INC COM | 83.00 | 31 051.96 | 0.01 |
| USD | TERADYNE INC COM USD0.125 | 454.00 | 30 427.08 | 0.01 |
| USD | TRANSUNION COM USD0.01 | 457.00 | 39 434.53 | 0.01 |
| USD | TRIMBLE INC COM NPV | 688.00 | 26 914.56 | 0.01 |
| USD | TWILIO INC COM USD0.001 CL A | 268.00 | 52 956.80 | 0.01 |
| USD | TYLER TECHNOLOGIES INC COM | 91.00 | 34 153.21 | 0.01 |
| USD | UDR INC | 651.00 | 24 073.98 | 0.01 |
| USD | UNITED PARCEL SERVICE INC CL B | 1 630.00 | 162 527.30 | 0.03 |
| USD | VEEVA SYSTEMS INC COM USD0.00001 CL 'A' | 318.00 | 69 600.66 | 0.01 |
| USD | VERISIGN INC COM | 255.00 | 55 847.55 | 0.01 |
| USD | VERISK ANALYTICS I CL A USD0.001 | 388.00 | 66 999.84 | 0.01 |
| USD | VERTEX PHARMACEUTI COM USD0.01 | 610.00 | 175 655.60 | 0.04 |
| USD | VICI PPTYS INC COM USD0.01 | 1 220.00 | 23 936.40 | 0.01 |
| USD | VMWARE INC COM STK USD0.01 CLASS 'A' | 177.00 | 27 659.79 | 0.01 |
| USD | VORNADO REALTY TR COM USD0.04 | 443.00 | 16 041.03 | 0.00 |
| USD | VULCAN MATERIALS COM STK USD1 | 351.00 | 38 020.32 | 0.01 |
| USD | W P CAREY INC COM USD0.001 | 499.00 | 29 895.09 | 0.01 |
| USD | WABTEC CORP COM | 458.00 | 27 970.06 | 0.01 |
| USD | WATERS CORP COM | 201.00 | 40 169.85 | 0.01 |
| USD | WAYFAIR INC COM USD0.001 A | 131.00 | 22 473.05 | 0.00 |
| USD | WEC ENERGY GROUP COM USD0.01 | 720.00 | 66 045.60 | 0.01 |
| USD | WEST PHARMACEUTICA COM USD0.25 | 180.00 | 38 887.20 | 0.01 |
| USD | WESTERN UN CO COM | 44 201.00 | 884 904.02 | 0.18 |
| USD | XCEL ENERGY INC COM | 1 277.00 | 83 043.31 | 0.02 |
| USD | ZEBRA TECHNOLOGIES CORP CL A | 112.00 | 29 267.84 | 0.01 |
| USD | ZILLOW GROUP INC COM USD0.0001 CLASS C WI | 212.00 | 12 293.88 | 0.00 |
| USD | ZOETIS INC COM USD0.01 CL 'A' | 1 109.00 | 154 583.51 | 0.03 |
| Total Vereinigte Staaten |  | 24 571 593.71 | 5.03 |
| Total Inhaberaktien |  | 67 258 727.60 | 13.76 |
| Weitere Aktien |  |  |  |
| Vereinigte Staaten |  |  |  |
| USD	CAMDEN PROP TST SBI USD0.01 | 292.00 | 26 738.44 | 0.01 |
| Total Vereinigte Staaten |  | 26 738.44 | 0.01 |
| Total Weitere Aktien |  | 26 738.44 | 0.01 |
| Vorzugsaktien |  |  |  |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 118.00 | 5 431.43 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 382.00 | 15 220.55 | 0.01 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 9 460.00 | 844 772.87 | 0.17 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 870.00 | 47 332.38 | 0.01 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 160.00 | 59 337.20 | 0.01 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 3 930.00 | 579 228.45 | 0.12 |
| Total Deutschland |  | 1 551 322.88 | 0.32 |
| Total Vorzugsaktien |  | 1 551 322.88 | 0.32 |
| Namensaktien |  |  |  |
| Argentinien |  |  |  |
| USD	MERCADOLIBRE INC COM STK USD0.001 | 103.00 | 87 722.01 | 0.02 |
| Total Argentinien |  | 87 722.01 | 0.02 |
| Australien |  |  |  |
| AUD	AMPOL LTD NPV | 1 409.00 | 25 337.12 | 0.01 |
| AUD	BENDIGO & ADELAIDE NPV | 2 274.00 | 9 283.30 | 0.00 |
| AUD	BHP GROUP LTD NPV | 35 514.00 | 816 610.05 | 0.17 |
| GBP	BHP GROUP PLC ORD USD0.50 | 5 804.00 | 113 458.77 | 0.02 |
| AUD	COLES GROUP LTD NPV | 55 083.00 | 561 624.51 | 0.11 |
| Total Australien |  | 1 526 313.75 | 0.31 |
| Belgien |  |  |  |
| EUR	AGEAS NPV | 809.00 | 27 599.66 | 0.01 |
| EUR	KBC GROUP NV NPV | 1 300.00 | 68 065.81 | 0.02 |
| EUR	TELENET GRP HLDG NPV | 340.00 | 13 940.42 | 0.00 |
| EUR	UCB NPV | 676.00 | 67 675.38 | 0.01 |
| Total Belgien |  | 177 281.27 | 0.04 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
| Bermuda |  |  |  |  |
| USD | ARCH CAPITAL GROUP COM USD0.01 | 1 178.00 | 33 243.16 | 0.01 |
| USD | EVEREST RE GROUP COM USD0.01 | 87.00 | 17 261.67 | 0.00 |
| USD | RENAISSANCE RE HLG COM USD1 | 122.00 | 20 478.92 | 0.00 |
| Total Bermuda	70 983.75	0.01 |
| Kanada |  |  |  |  |
| USD | LULULEMON ATHLETIC COM STK USD0.01 | 261.00 | 78 324.80 | 0.02 |
| Total Kanada | 78 324.80 | 0.02 |
| Finnland |  |  |  |  |
| EUR | ELISA OYJ NPV | 736.00 | 46 157.72 | 0.01 |
| EUR | FORTUM OYJ EUR3.40 | 11 062.00 | 211 888.93 | 0.04 |
| EUR | NESTE OIL OYJ NPV | 2 112.00 | 85 325.97 | 0.02 |
| EUR | NOKIA OYJ NPV | 29 061.00 | 115 258.37 | 0.02 |
| EUR | ORION CORP SER'B'NPV | 540.00 | 28 892.18 | 0.01 |
| EUR | SAMPO PLC SER'A'NPV | 2 209.00 | 78 924.66 | 0.02 |
| EUR | STORA ENSO OYJ NPV SER'R' | 2 536.00 | 31 100.64 | 0.01 |
| EUR | UPM-KYMMENE CORP NPV | 2 358.00 | 68 117.26 | 0.01 |
| Total Finnland |  | 665 665.73 | 0.14 |
| Frankreich |  |  |  |
| EUR	BOLLORE EUR0.16 (RFD 01/01/2020) | 11.00 | 31.57 | 0.00 |
| EUR	GECINA EUR7.50 | 221.00 | 28 442.46 | 0.00 |
| EUR	MICHELIN (CGDE) EUR2 | 848.00 | 85 705.77 | 0.02 |
| Total Frankreich |  | 114 179.80 | 0.02 |
| Deutschland |  |  |  |
| EUR	ADIDAS AG NPV (REGD) | 963.00 | 254 086.99 | 0.05 |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 7 710.00 | 1 396 379.90 | 0.29 |
| EUR	BASF SE NPV | 4 154.00 | 224 774.04 | 0.05 |
| EUR	BAYER AG NPV (REGD) | 8 873.00 | 599 299.21 | 0.12 |
| EUR	BRENNTAG AG | 723.00 | 38 128.50 | 0.01 |
| EUR	DAIMLER AG ORD NPV(REGD) | 4 269.00 | 158 509.01 | 0.03 |
| EUR	DELIVERY HERO SE NPV | 566.00 | 54 258.07 | 0.01 |
| EUR	DEUTSCHE BANK AG NPV(REGD) | 10 251.00 | 85 873.73 | 0.02 |
| EUR	DEUTSCHE BOERSE AG NPV(REGD) | 959.00 | 157 771.39 | 0.03 |
| EUR	DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 902.00 | 9 172.53 | 0.00 |
| EUR	DEUTSCHE POST AG NPV(REGD) | 4 784.00 | 148 895.08 | 0.03 |
| EUR	DEUTSCHE TELEKOM NPV(REGD) | 17 137.00 | 270 208.70 | 0.06 |
| EUR	E.ON SE NPV | 11 482.00 | 121 410.66 | 0.02 |
| EUR	EVONIK INDUSTRIES NPV | 1 131.00 | 27 866.20 | 0.01 |
| EUR	HANNOVER RUECKVERS ORD NPV(REGD) | 279.00 | 44 875.98 | 0.01 |
| EUR	INFINEON TECHNOLOG AG NPV (REGD) | 6 530.00 | 136 963.30 | 0.03 |
| EUR	LEG IMMOBILIEN AG NPV | 40.00 | 4 986.89 | 0.00 |
| EUR	MTU AERO ENGINES H NPV (REGD) | 274.00 | 44 163.19 | 0.01 |
| EUR	MUENCHENER RUECKVE NPV(REGD) | 739.00 | 168 186.65 | 0.03 |
| EUR	SIEMENS AG NPV(REGD) | 3 791.00 | 415 493.01 | 0.09 |
| EUR	SIEMENS HEALTHINEE NPV | 3 381.00 | 174 748.15 | 0.04 |
| EUR	TELEFONICA DEUTSCH NPV | 130 750.00 | 402 286.38 | 0.08 |
| EUR	UNIPER SE NPV | 8 075.00 | 252 400.56 | 0.05 |
| EUR	UNITED INTERNET AG NPV(REGD) | 501.00 | 20 552.76 | 0.00 |
| EUR	VONOVIA SE NPV | 2 623.00 | 151 078.20 | 0.03 |
| Total Deutschland |  | 5 362 369.08 | 1.10 |
| Irland |  |  |  |
| USD	ACCENTURE PLC SHS CL A 'NEW' | 7 236.00 | 1 458 922.32 | 0.30 |
| USD	ALLEGION PLC CIM USD0.01 | 279.00 | 27 816.30 | 0.00 |
| USD	APTIV PLC COM USD0.01 | 593.00 | 44 682.55 | 0.01 |
| EUR	CRH ORD EUR0.32 | 9 721.00 | 316 825.42 | 0.06 |
| USD	EATON CORP PLC COM USD0.01 | 971.00 | 82 437.90 | 0.02 |
| GBP	EXPERIAN ORD USD0.10 | 2 450.00 | 85 203.94 | 0.02 |
| USD	JAZZ PHARMA PLC COM USD0.0001 | 3 533.00 | 421 557.56 | 0.09 |
| EUR	KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 592.00 | 36 580.30 | 0.01 |
| USD	MEDTRONIC PLC USD0.0001 | 14 574.00 | 1 436 704.92 | 0.29 |
| USD	PENTAIR PLC COM USD0.01 | 381.00 | 14 912.34 | 0.00 |
| USD	PERRIGO CO LTD COM EUR0.001 | 333.00 | 18 238.41 | 0.00 |
| EUR	SMURFIT KAPPA GRP ORD EUR0.001 | 935.00 | 30 431.78 | 0.01 |
| USD	STERIS PLC ORD USD0.001 | 228.00 | 37 822.92 | 0.01 |
| Total Irland |  | 4 012 136.66 | 0.82 |
| Isle of Man |  |  |  |
| GBP	GVC HLDGS PLC ORD EUR0.01 | 1 921.00 | 18 828.47 | 0.00 |
| Total Isle of Man |  | 18 828.47 | 0.00 |
| Italien |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 2 629.00 | 42 681.16 | 0.01 |
| EUR	DAVIDE DE CAMPARI EUR0.05 (POST SUBD) | 2 854.00 | 23 174.92 | 0.00 |
| EUR	ENEL EUR1 | 40 623.00 | 311 835.44 | 0.06 |
| EUR	ENI SPA EUR1 | 11 980.00 | 108 246.72 | 0.02 |
| EUR	FERRARI NV EUR0.01(NEW) | 599.00 | 101 210.61 | 0.02 |
| EUR	INTESA SANPAOLO NPV | 561 627.00 | 969 824.32 | 0.20 |
| EUR	MEDIOBANCA SPA EUR0.5 | 3 924.00 | 25 473.33 | 0.00 |
| EUR	MONCLER SPA NPV | 893.00 | 33 226.84 | 0.01 |
| EUR	PIRELLI & C SPA NPV | 1 172.00 | 5 253.81 | 0.00 |
| EUR	PRYSMIAN SPA EUR0.10 | 1 306.00 | 27 812.50 | 0.01 |
| EUR	RECORDATI EUR0.125 | 624.00 | 28 402.83 | 0.01 |
| EUR	SNAM EUR1 | 10 062.00 | 46 829.28 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 7 987.00 | 53 927.94 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 50 914.00 | 434 157.68 | 0.09 |
| Total Italien |  | 2 212 057.38 | 0.45 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
| Japan |  |  |  |  |
| JPY | AEON CO LTD NPV | 1 500.00 | 33 185.59 | 0.01 |
| JPY | AGC INC NPV | 200.00 | 5 662.04 | 0.00 |
| JPY | AJINOMOTO CO INC NPV | 1 000.00 | 17 051.10 | 0.00 |
| JPY | ALFRESA HOLDINGS NPV | 400.00 | 8 067.94 | 0.00 |
| JPY | ANA HOLDINGS INC NPV | 500.00 | 12 062.00 | 0.00 |
| JPY | ASAHI GROUP HLDGS NPV | 21 900.00 | 824 896.28 | 0.17 |
| JPY | ASAHI KASEI CORP NPV | 2 900.00 | 22 880.22 | 0.01 |
| JPY | ASTELLAS PHARMA NPV | 4 200.00 | 74 635.91 | 0.02 |
| JPY | BRIDGESTONE CORP NPV | 1 300.00 | 43 162.39 | 0.01 |
| JPY | BROTHER INDUSTRIES NPV | 900.00 | 16 949.92 | 0.00 |
| JPY | CANON INC NPV | 2 200.00 | 45 313.03 | 0.01 |
| JPY | CASIO COMPUTER CO NPV | 500.00 | 8 804.01 | 0.00 |
| JPY | CHUBU ELEC POWER NPV | 1 500.00 | 20 202.35 | 0.01 |
| JPY | CHUGOKU ELEC POWER NPV | 800.00 | 10 989.93 | 0.00 |
| JPY | DAI NIPPON PRINTNG NPV | 500.00 | 11 365.85 | 0.00 |
| JPY | DAIWA SECS GROUP NPV | 4 400.00 | 18 243.65 | 0.00 |
| JPY | DENSO CORP NPV | 900.00 | 34 509.68 | 0.01 |
| JPY | DENTSU GROUP INC NPV | 500.00 | 13 389.34 | 0.00 |
| JPY | EAST JAPAN RAILWAY NPV | 700.00 | 54 903.24 | 0.01 |
| JPY | ELEC POWER DEV NPV | 400.00 | 7 548.15 | 0.00 |
| JPY | FAMILYMART CO LTD NPV | 700.00 | 13 118.30 | 0.00 |
| JPY | FUJI FILM HLD CORP NPV | 7 100.00 | 328 260.09 | 0.07 |
| JPY | FUJITSU NPV | 1 900.00 | 195 758.11 | 0.04 |
| JPY | HAKUHODO DY HLDGS NPV | 600.00 | 7 457.19 | 0.00 |
| JPY | HAMAMATSU PHOTONIC NPV | 400.00 | 18 118.53 | 0.00 |
| JPY | HINO MOTORS NPV | 1 100.00 | 7 443.26 | 0.00 |
| JPY | HITACHI NPV | 2 100.00 | 67 345.80 | 0.01 |
| JPY | HONDA MOTOR CO NPV | 3 700.00 | 95 612.38 | 0.02 |
| JPY | HOYA CORP NPV | 7 200.00 | 675 657.87 | 0.14 |
| JPY | IIDA GROUP HOLDING NPV | 600.00 | 8 910.75 | 0.00 |
| JPY | INPEX CORPORATION NPV | 1 500.00 | 10 454.82 | 0.00 |
| JPY | ITOCHU CORP NPV | 41 600.00 | 891 966.41 | 0.18 |
| JPY | JAPAN AIRLINES CO NPV | 400.00 | 7 860.03 | 0.00 |
| JPY | JAPAN POST BANK CO NPV | 1 500.00 | 12 391.52 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 3 400.00 | 24 745.35 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 2 600.00 | 51 584.91 | 0.01 |
| JPY | JFE HOLDINGS INC NPV | 1 600.00 | 11 762.19 | 0.00 |
| JPY | JXTG HOLDINGS INC NPV | 7 000.00 | 26 918.83 | 0.01 |
| JPY | KDDI CORP NPV | 32 900.00 | 957 668.36 | 0.20 |
| JPY | KEYENCE CORP NPV | 400.00 | 164 663.30 | 0.03 |
| JPY | KONAMI HOLDINGS CORP NPV | 200.00 | 7 026.50 | 0.00 |
| JPY | KONICA MINOLTA INC NPV | 1 700.00 | 6 296.00 | 0.00 |
| JPY | KUBOTA CORP NPV | 2 300.00 | 30 944.91 | 0.01 |
| JPY | KYOCERA CORP NPV | 700.00 | 37 886.48 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 400.00 | 10 848.84 | 0.00 |
| JPY | LAWSON INC NPV | 15 600.00 | 863 006.46 | 0.18 |
| JPY | LIXIL GROUP CORP COM NPV | 1 000.00 | 13 960.18 | 0.00 |
| JPY | MARUBENI CORP NPV | 72 400.00 | 351 667.71 | 0.07 |
| JPY | MAZDA MOTOR CORP NPV | 2 000.00 | 12 790.64 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 14 000.00 | 277 699.91 | 0.06 |
| JPY | MERCARI INC NPV | 200.00 | 5 959.07 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 2 600.00 | 15 307.75 | 0.00 |
| JPY | MITSUBISHI CORP NPV | 3 200.00 | 74 701.82 | 0.02 |
| JPY | MITSUBISHI ELEC CP NPV | 4 700.00 | 61 882.86 | 0.01 |
| JPY | MITSUBISHI ESTATE NPV | 2 500.00 | 39 750.31 | 0.01 |
| JPY | MITSUBISHI HVY IND NPV | 14 800.00 | 382 930.34 | 0.08 |
| JPY | MITSUBISHI MATERLS NPV | 200.00 | 4 553.77 | 0.00 |
| JPY | MITSUBISHI UFJ FIN NPV | 28 700.00 | 118 332.39 | 0.03 |
| JPY | MITSUI & CO NPV | 3 800.00 | 57 686.92 | 0.01 |
| JPY | MIZUHO FINL GP NPV | 57 000.00 | 71 160.72 | 0.02 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 900.00 | 26 439.88 | 0.01 |
| JPY | MURATA MFG CO NPV | 1 200.00 | 66 997.73 | 0.01 |
| JPY | NEC CORP NPV | 600.00 | 26 927.18 | 0.01 |
| JPY | NEXON CO LTD NPV | 1 100.00 | 22 932.19 | 0.01 |
| JPY | NGK INSULATORS NPV | 800.00 | 11 725.07 | 0.00 |
| JPY | NGK SPARK PLUG CO NPV | 500.00 | 8 061.45 | 0.00 |
| JPY | NIKON CORP NPV | 800.00 | 7 351.37 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 200.00 | 80 827.96 | 0.02 |
| JPY | NIPPON PROLOGIS RE REIT | 4.00 | 11 286.95 | 0.00 |
| JPY | NIPPON TEL&TEL CP NPV | 38 800.00 | 880 189.36 | 0.18 |
| JPY | NIPPON YUSEN KK NPV | 600.00 | 8 649.00 | 0.00 |
| JPY | NISSAN MOTOR CO NPV | 5 500.00 | 20 466.42 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 36 300.00 | 155 968.54 | 0.03 |
| JPY | NOMURA REAL EST MA REIT | 11.00 | 13 528.57 | 0.00 |
| JPY | NOMURA RESEARCH IN NPV | 600.00 | 15 861.14 | 0.00 |
| JPY | NTT DATA CORP NPV | 1 400.00 | 16 178.59 | 0.00 |
| JPY | NTT DOCOMO NPV | 24 600.00 | 673 939.77 | 0.14 |
| JPY | OMRON CORP NPV | 400.00 | 26 509.49 | 0.01 |
| JPY | ORIX CORP NPV | 2 800.00 | 37 139.28 | 0.01 |
| JPY | OSAKA GAS CO NPV | 1 000.00 | 19 984.22 | 0.01 |
| JPY | OTSUKA CORP NPV | 200.00 | 9 653.32 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 900.00 | 40 633.04 | 0.01 |
| JPY | PANASONIC CORP NPV | 4 700.00 | 42 011.42 | 0.01 |
| JPY | PARK 24 CO LTD NPV | 400.00 | 7 763.49 | 0.00 |
| JPY | RENESAS ELECTRONIC NPV | 1 100.00 | 5 707.52 | 0.00 |
| JPY | RESONA HOLDINGS NPV | 6 900.00 | 24 837.05 | 0.01 |
| JPY | RICOH CO NPV | 1 700.00 | 12 560.45 | 0.00 |
| JPY | ROHM CO LTD NPV | 200.00 | 13 458.95 | 0.00 |
| JPY | SANTEN PHARM CO NPV | 1 000.00 | 18 471.25 | 0.00 |
| JPY | SEGA SAMMY HLDGS I NPV | 800.00 | 10 425.58 | 0.00 |
| JPY | SEIKO EPSON CORP NPV | 700.00 | 7 887.87 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 1 200.00 | 16 763.35 | 0.00 |
| JPY | SEVEN & I HOLDINGS NPV | 7 500.00 | 256 671.46 | 0.05 |
| JPY | SG HOLDINGS CO LTD NPV | 300.00 | 9 787.91 | 0.00 |
| JPY | SHIMADZU CORP NPV | 400.00 | 10 822.85 | 0.00 |
| JPY | SOFTBANK CORP NPV | 4 300.00 | 54 520.82 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | SOFTBANK GROUP CO NPV | 3 500.00 | 156 977.77 | 0.03 |
| JPY | SOHGO SECURITY SER NPV | 200.00 | 9 838.96 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 800.00 | 28 455.01 | 0.01 |
| JPY | SONY CORP NPV | 6 700.00 | 427 491.53 | 0.09 |
| JPY | SUBARU CORPORATION NPV | 1 400.00 | 30 908.25 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 500.00 | 7 662.32 | 0.00 |
| JPY | SUMITOMO CORP NPV | 2 400.00 | 28 915.39 | 0.01 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 500.00 | 7 068.27 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 1 500.00 | 17 466.47 | 0.00 |
| JPY | SUMITOMO MITSUI FG NPV | 3 100.00 | 89 747.07 | 0.02 |
| JPY | SUMITOMO MITSUI TR NPV | 600.00 | 17 660.00 | 0.00 |
| JPY | SUMITOMO RLTY&DEV NPV | 900.00 | 24 932.01 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 3 300.00 | 128 373.32 | 0.03 |
| JPY | TDK CORP NPV | 300.00 | 28 068.87 | 0.01 |
| JPY | TOKIO MARINE HLDG NPV | 1 300.00 | 56 327.10 | 0.01 |
| JPY | TOKYO ELEC POWER H NPV | 1 300.00 | 4 380.19 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 300.00 | 59 869.12 | 0.01 |
| JPY | TOKYU FUDOSAN HLDG NPV | 1 500.00 | 7 601.99 | 0.00 |
| JPY | TOPPAN PRINTING CO NPV | 600.00 | 10 264.07 | 0.00 |
| JPY | TOSHIBA CORP NPV | 1 000.00 | 27 326.31 | 0.01 |
| JPY | TOYO SEIKAN GROUP NPV | 600.00 | 6 382.33 | 0.00 |
| JPY | TOYOTA MOTOR CORP NPV | 5 100.00 | 319 770.74 | 0.07 |
| JPY | TREND MICRO INC NPV | 300.00 | 16 484.89 | 0.00 |
| JPY | UNICHARM CORP NPV | 1 000.00 | 37 220.96 | 0.01 |
| JPY | UNITED URBAN INVESTMENT CORP | 10.00 | 10 600.08 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 400.00 | 25 807.77 | 0.01 |
| JPY | YAMADA DENKI CO NPV | 2 200.00 | 10 700.33 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 300.00 | 4 330.07 | 0.00 |
| JPY | YAMAZAKI BAKING CO NPV | 200.00 | 3 584.72 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 500.00 | 17 960.74 | 0.00 |
| JPY | YOKOGAWA ELECTRIC NPV | 200.00 | 2 881.14 | 0.00 |
| JPY | YOKOHAMA RUBBER CO NPV | 500.00 | 7 550.94 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 5 300.00 | 21 645.70 | 0.01 |
| Total Japan |  | 11 633 109.12 | 2.38 |
| Luxemburg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 4 320.00 | 41 350.06 | 0.01 |
| EUR	TENARIS S.A. USD1 | 2 646.00 | 16 458.81 | 0.00 |
| Total Luxemburg |  | 57 808.87 | 0.01 |
| Niederlande |  |  |  |
| EUR	ADYEN NV EUR0.01 | 58.00 | 76 322.78 | 0.02 |
| EUR	AEGON NV EUR0.12 | 8 912.00 | 23 841.40 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 2 118.00 | 690 177.69 | 0.14 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 5 411.00 | 32 815.18 | 0.01 |
| EUR	FIAT CHRYSLER AUTO EUR0.01 | 4 482.00 | 39 595.26 | 0.01 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 905.00 | 115 818.16 | 0.02 |
| EUR	NN GROUP N.V. EUR0.12 | 1 626.00 | 50 227.07 | 0.01 |
| EUR	PROSUS N.V. EUR0.05 | 2 518.00 | 208 946.94 | 0.04 |
| GBP	ROYAL DUTCH SHELL PLC 'A'SHS EUR0.07 | 10 914.00 | 169 903.58 | 0.03 |
| Total Niederlande |  | 1 407 648.06 | 0.29 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 74 902.00 | 351 848.71 | 0.07 |
| EUR	GALP ENERGIA EUR1-B | 2 295.00 | 27 353.72 | 0.01 |
| EUR	JERONIMO MARTINS EUR5 | 1 212.00 | 20 734.83 | 0.00 |
| Total Portugal |  | 399 937.26 | 0.08 |
| Spanien |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 118 810.00 | 269 272.55 | 0.06 |
| EUR	BANKINTER SA EUR0.3(REGD) | 4 259.00 | 18 054.61 | 0.00 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 31 339.00 | 97 363.81 | 0.02 |
| EUR	MAPFRE SA EUR0.10 | 6 475.00 | 11 401.51 | 0.00 |
| Total Spanien |  | 396 092.48 | 0.08 |
| Schweden |  |  |  |
| USD	AUTOLIV INC COM | 216.00 | 13 733.28 | 0.00 |
| Total Schweden |  | 13 733.28 | 0.00 |
| Schweiz |  |  |  |
| USD	CHUBB LIMITED ORD CHF24.15 | 1 062.00 | 129 500.28 | 0.03 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 524.00 | 13 202.60 | 0.00 |
| USD	GARMIN LTD COM CHF10.00 | 4 770.00 | 430 110.90 | 0.09 |
| USD	TE CONNECTIVITY LT COM CHF0.57 | 766.00 | 62 237.50 | 0.01 |
| Total Schweiz |  | 635 051.28 | 0.13 |
| Grossbritannien |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 587.00 | 16 930.77 | 0.00 |
| USD	AMCOR PLC ORD USD0.01 | 3 701.00 | 37 787.21 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 2 426.00 | 51 005.49 | 0.01 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 1 773.00 | 19 210.33 | 0.00 |
| USD	AON PLC COM USD0.01 CL A | 547.00 | 107 731.65 | 0.02 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 1 202.00 | 35 560.76 | 0.01 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 856.00 | 19 271.15 | 0.00 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 2 829.00 | 19 523.01 | 0.01 |
| GBP	BARCLAYS ORD GBP0.25 | 52 790.00 | 75 210.56 | 0.02 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 2 149.00 | 108 796.32 | 0.02 |
| GBP	BP ORD USD0.25 | 55 159.00 | 208 500.31 | 0.04 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 981.00 | 18 137.58 | 0.00 |
| USD	CAPRI HOLDINGS LTD COM NPV | 424.00 | 6 376.96 | 0.00 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 4 585.00 | 67 114.28 | 0.01 |
| GBP	CRODA INTL ORD GBP0.10609756 | 243.00 | 15 591.84 | 0.00 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 5 901.00 | 203 578.32 | 0.04 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 2 305.00 | 7 540.23 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 620.00 | 48 795.77 | 0.01 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| GBP | GLAXOSMITHKLINE ORD GBP0.25 | 13 477.00 | 278 548.89 | 0.06 |
| GBP | HARGREAVES LANSDOW ORD GBP0.004 (WI) | 763.00 | 17 295.35 | 0.00 |
| GBP | HSBC HLDGS ORD USD0.50(UK REG) | 55 435.00 | 253 645.42 | 0.05 |
| GBP | IMPERIAL BRANDS PL GBP0.10 | 2 594.00 | 47 030.10 | 0.01 |
| GBP | INTERCONTL HOTELS ORD GBP0.208521303 | 516.00 | 24 694.30 | 0.01 |
| GBP | INTERTEK GROUP ORD GBP0.01 | 415.00 | 28 249.33 | 0.01 |
| GBP | LEGAL & GENERAL GP ORD GBP0.025 | 14 460.00 | 35 485.64 | 0.01 |
| USD | LIBERTY GLOBAL INC USD0.01 C | 826.00 | 17 040.38 | 0.00 |
| USD | LINDE PLC COM EUR0.001 | 1 263.00 | 255 555.42 | 0.05 |
| GBP | LONDON STOCK EXCH ORD GBP0.06918604 | 856.00 | 84 979.31 | 0.02 |
| GBP | M&G PLC ORD GBP0.05 | 4 765.00 | 8 247.36 | 0.00 |
| GBP | MONDI ORD EUR0.20 | 1 477.00 | 27 536.31 | 0.01 |
| GBP | MORRISON(W)SUPRMKT ORD GBP0.10 | 86 003.00 | 198 509.72 | 0.04 |
| GBP | NEXT ORD GBP0.10 | 2 202.00 | 132 414.26 | 0.03 |
| GBP | PEARSON ORD GBP0.25 | 1 780.00 | 10 197.65 | 0.00 |
| GBP | PERSIMMON ORD GBP0.10 | 5 769.00 | 163 541.68 | 0.03 |
| GBP | PRUDENTIAL ORD GBP0.05 | 6 612.00 | 85 586.13 | 0.02 |
| GBP | RIO TINTO ORD GBP0.10 | 2 837.00 | 151 273.43 | 0.03 |
| GBP | ROYAL BK SCOT GRP ORD GBP1 (POST CONS) | 14 914.00 | 20 346.53 | 0.01 |
| GBP | RSA INSURANCE GRP ORD GBP1.00 | 2 174.00 | 10 597.66 | 0.00 |
| GBP | SAINSBURY(J) ORD GBP0.28571428 | 172 091.00 | 412 746.84 | 0.09 |
| GBP | SCHRODERS VTG SHS GBP1 | 291.00 | 10 631.01 | 0.00 |
| GBP | SMITH & NEPHEW ORD USD0.20 | 7 472.00 | 151 681.94 | 0.03 |
| GBP | STANDARD CHARTERED ORD USD0.50 | 6 736.00 | 30 679.30 | 0.01 |
| GBP | STD LIFE ABERDEEN ORD GBP0.1396825396 | 5 146.00 | 16 433.05 | 0.00 |
| GBP | TAYLOR WIMPEY ORD GBP0.01 | 10 289.00 | 18 266.33 | 0.00 |
| USD | TECHNIPFMC PLC COM USD1 | 149.00 | 1 102.60 | 0.00 |
| GBP | TESCO ORD GBP0.05 | 27 438.00 | 77 443.01 | 0.02 |
| GBP | UNILEVER PLC ORD GBP0.031111 | 10 313.00 | 552 328.35 | 0.11 |
| GBP | VODAFONE GROUP ORD USD0.2095238(POST CONS) | 132 979.00 | 218 687.46 | 0.05 |
| Total Grossbritannien |  | 4 407 437.30 | 0.90 |
| Vereinigte Staaten |  |  |  |
| USD	ABBOTT LABS COM | 4 212.00 | 399 803.04 | 0.08 |
| USD	ABBVIE INC COM USD0.01 | 8 330.82 | 772 017.09 | 0.16 |
| USD	ABIOMED INC COM | 115.00 | 25 748.50 | 0.01 |
| USD	ACTIVISION BLIZZAR COM STK USD0.000001 | 1 807.00 | 130 067.86 | 0.03 |
| USD	ADOBE INC COM USD0.0001 | 1 783.00 | 689 307.80 | 0.14 |
| USD	ADVANCE AUTO PARTS COM USD0.0001 | 156.00 | 21 733.92 | 0.00 |
| USD	ADVANCED MICRO DEV COM USD0.01 | 2 464.00 | 132 563.20 | 0.03 |
| USD	AES CORP COM | 1 352.00 | 16 886.48 | 0.00 |
| USD	AGILENT TECHNOLOGIES INC COM | 666.00 | 58 701.24 | 0.01 |
| USD	AGNC INV CORP COM USD0.01 | 1 208.00 | 15 631.52 | 0.00 |
| USD	AIR PRODS & CHEMS COM USD1 | 522.00 | 126 141.30 | 0.03 |
| USD	ALEXANDRIA REAL ESTATE EQ INC COM | 289.00 | 44 425.08 | 0.01 |
| USD	ALEXION PHARMACEUT COM USD0.0001 | 8 336.00 | 999 486.40 | 0.20 |
| USD	ALLSTATE CORP COM | 741.00 | 72 477.21 | 0.02 |
| USD	ALLY FINANCIAL INC COM USD0.01 | 1 119.00 | 19 515.36 | 0.00 |
| USD	ALPHABET INC CAP STK USD0.001 CL A | 1 198.00 | 1 717 356.96 | 0.35 |
| USD	ALTRIA GROUP INC COM USD0.333333 | 4 545.00 | 177 482.25 | 0.04 |
| USD	AMAZON COM INC COM USD0.01 | 1 783.00 | 4 354 745.71 | 0.89 |
| USD	AMER EXPRESS CO COM USD0.20 | 1 599.00 | 152 016.93 | 0.03 |
| USD	AMER FINL GP OHIO COM NPV | 2 096.00 | 126 263.04 | 0.03 |
| USD	AMER INTL GRP COM USD2.50 | 2 102.00 | 63 186.12 | 0.01 |
| USD	AMER TOWER CORP COM NEW USD0.01 | 1 036.00 | 267 464.12 | 0.05 |
| USD	AMEREN CORP COM | 551.00 | 41 176.23 | 0.01 |
| USD	AMERIPRISE FINL INC COM | 7 055.00 | 988 193.85 | 0.20 |
| USD	AMERISOURCEBERGEN COM STK USD0.01 | 3 575.00 | 340 840.50 | 0.07 |
| USD	AMETEK INC COM USD0.01 | 567.00 | 51 999.57 | 0.01 |
| USD	AMGEN INC COM USD0.0001 | 6 223.00 | 1 429 423.10 | 0.29 |
| USD	AMPHENOL CORP NEW CL A | 708.00 | 68 364.48 | 0.01 |
| USD	ANALOG DEVICES INC COM | 875.00 | 98 831.25 | 0.02 |
| USD	ANNALY CAPITAL MAN COM USD0.01 | 4 128.00 | 25 428.48 | 0.01 |
| USD	ANTHEM INC COM USD0.01 | 593.00 | 174 407.23 | 0.04 |
| USD	APACHE CORP COM USD0.625 | 904.00 | 9 754.16 | 0.00 |
| USD	APOLLO GLOBAL MANA COM USD0.00001 CLASS A | 110.00 | 5 236.00 | 0.00 |
| USD	APPLE INC COM NPV | 23 454.00 | 7 456 964.76 | 1.53 |
| USD	APPLIED MATLS INC COM | 10 799.00 | 606 687.82 | 0.12 |
| USD	ARAMARK COM USD0.01 | 612.00 | 15 844.68 | 0.00 |
| USD	ARCHER DANIELS MIDLAND CO COM | 11 408.00 | 448 448.48 | 0.09 |
| USD	ASSURANT INC COM | 175.00 | 17 951.50 | 0.00 |
| USD	AT&T INC COM USD1 | 17 287.00 | 533 476.82 | 0.11 |
| USD	ATHENE HOLDING LTD COM USD0.001 CL A | 4 165.00 | 120 326.85 | 0.02 |
| USD	ATMOS ENERGY CORP COM | 334.00 | 34 328.52 | 0.01 |
| USD	AUTO DATA PROCESS COM USD0.10 | 7 034.00 | 1 030 410.66 | 0.21 |
| USD	AUTODESK INC COM USD0.01 | 515.00 | 108 345.70 | 0.02 |
| USD	AUTOZONE INC COM USD0.01 | 59.00 | 67 723.74 | 0.01 |
| USD	AVALARA INC COM USD0.0001 | 50.00 | 5 353.00 | 0.00 |
| USD	AVALONBAY COMMUNI COM USD0.01 | 373.00 | 58 191.73 | 0.01 |
| USD	AVANTOR INC COM USD0.01 | 272.00 | 5 159.84 | 0.00 |
| USD	AVERY DENNISON CORP COM | 202.00 | 22 355.34 | 0.00 |
| USD	AXALTA COATING SYS COM USD1.00 | 678.00 | 15 668.58 | 0.00 |
| USD	BALL CORP COM NPV | 795.00 | 56 651.70 | 0.01 |
| USD	BAXTER INTL INC COM USD1 | 1 131.00 | 101 801.31 | 0.02 |
| USD	BECTON DICKINSON COM USD1 | 658.00 | 162 479.94 | 0.03 |
| USD	BEST BUY CO INC COM USD0.10 | 11 095.00 | 866 408.55 | 0.18 |
| USD	BIOGEN INC COM STK USD0.0005 | 3 316.00 | 1 018 310.44 | 0.21 |
| USD	BK OF AMERICA CORP COM USD0.01 | 17 912.00 | 432 037.44 | 0.09 |
| USD	BK OF NY MELLON CP COM STK USD0.01 | 1 910.00 | 70 994.70 | 0.01 |
| USD	BLACKSTONE GRP INC COM USD0.00001 CLASS A | 1 500.00 | 85 200.00 | 0.02 |
| USD	BOEING CO COM USD5 | 1 242.00 | 181 145.70 | 0.04 |
| USD	BOOKING HLDGS INC COM USD0.008 | 594.00 | 973 815.48 | 0.20 |
| USD	BORG WARNER INC COM | 612.00 | 19 675.80 | 0.00 |
| USD	BRISTOL-MYRS SQUIB COM STK USD0.10 | 9 596.00 | 573 073.12 | 0.12 |
| USD	BROADCOM CORP COM USD1.00 | 964.00 | 280 784.28 | 0.06 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | BUNGE LIMITED COM USD0.01 | 408.00 | 15 920.16 | 0.00 |
| USD | BURLINGTON STORES COM USD0.0001 | 160.00 | 33 547.20 | 0.01 |
| USD | CAPITAL ONE FINL COM USD0.01 | 1 095.00 | 74 503.80 | 0.02 |
| USD | CARDINAL HEALTH INC COM | 654.00 | 35 767.26 | 0.01 |
| USD | CARLYLE GROUP INC COM USD0.01 | 200.00 | 5 532.00 | 0.00 |
| USD | CARMAX INC COM USD0.50 | 461.00 | 40 591.05 | 0.01 |
| USD | CARNIVAL CORP COM USD0.01(PAIRED STOCK) | 11 123.00 | 175 076.02 | 0.04 |
| USD | CARRIER GLOBAL COR COM USD0.01 | 2 011.00 | 41 165.17 | 0.01 |
| USD | CATERPILLAR INC DEL COM | 6 616.00 | 794 780.08 | 0.16 |
| USD | CBOE GLOBAL MARKET COM USD0.01 | 1 378.00 | 146 701.88 | 0.03 |
| USD | CBRE GROUP INC CLASS 'A' USD0.01 | 18 578.00 | 817 060.44 | 0.17 |
| USD | CELANESE CORP COM SERIES 'A' USD0.0001 | 387.00 | 34 795.17 | 0.01 |
| USD | CENTENE CORP DEL COM | 1 321.00 | 87 516.25 | 0.02 |
| USD | CENTERPOINT ENERGY INC COM | 936.00 | 16 642.08 | 0.00 |
| USD | CENTURYLINK INC COM | 68 150.00 | 669 914.50 | 0.14 |
| USD | CF INDS HLDGS INC COM | 530.00 | 15 566.10 | 0.00 |
| USD | CH ROBINSON WORLDW COM USD0.1 | 10 242.00 | 830 933.46 | 0.17 |
| USD | CHARTER COMMUN INC COM USD0.001 CLASS 'A' | 347.00 | 188 768.00 | 0.04 |
| USD | CHEVRON CORP COM USD0.75 | 4 575.00 | 419 527.50 | 0.09 |
| USD | CHIPOTLE MEXICAN GRILL INC CL A | 64.00 | 64 250.24 | 0.01 |
| USD | CHURCH & DWIGHT INC COM | 6 651.00 | 499 290.57 | 0.10 |
| USD | CIGNA CORP COM USD0.25 | 910.00 | 179 561.20 | 0.04 |
| USD | CISCO SYSTEMS COM USD0.001 | 37 638.00 | 1 799 849.16 | 0.37 |
| USD | CITIGROUP INC COM USD0.01 | 5 286.00 | 253 252.26 | 0.05 |
| USD | CITIZENS FINL GP COM USD0.01 | 26 185.00 | 631 058.50 | 0.13 |
| USD | CITRIX SYSTEMS INC COM USD0.001 | 4 851.00 | 718 530.12 | 0.15 |
| USD | COGNIZANT TECHNOLO COM CL'A'USD0.01 | 1 274.00 | 67 522.00 | 0.01 |
| USD | COMCAST CORP COM CLS'A' USD0.01 | 10 732.00 | 424 987.20 | 0.09 |
| USD | COMERICA INC COM | 10 454.00 | 380 002.90 | 0.08 |
| USD | CONAGRA BRANDS IN COM USD5 | 1 178.00 | 40 982.62 | 0.01 |
| USD | CONCHO RES INC COM USD0.001 | 558.00 | 30 422.16 | 0.01 |
| USD | CONOCOPHILLIPS COM USD0.01 | 2 444.00 | 103 087.92 | 0.02 |
| USD | CONSOLIDATED EDISON INC COM | 770.00 | 57 796.20 | 0.01 |
| USD | COOPER COS INC COM USD0.10 | 118.00 | 37 403.64 | 0.01 |
| USD | CORNING INC COM USD0.50 | 1 972.00 | 44 941.88 | 0.01 |
| USD | CORTEVA INC COM USD0.01 | 1 815.00 | 49 567.65 | 0.01 |
| USD | COSTCO WHSL CORP NEW COM | 1 037.00 | 319 883.39 | 0.07 |
| USD | CROWDSTRIKE HOLDIN COM USD0.0005 CL A | 164.00 | 14 400.84 | 0.00 |
| USD | CROWN CASTLE INTL COM USD0.01 | 969.00 | 166 823.04 | 0.03 |
| USD | CROWN HOLDINGS INC COM USD5 | 371.00 | 24 274.53 | 0.01 |
| USD | CUMMINS INC COM | 5 736.00 | 972 825.60 | 0.20 |
| USD | CVS HEALTH CORP COM STK USD0.01 | 3 044.00 | 199 595.08 | 0.04 |
| USD | D R HORTON INC COM | 4 574.00 | 252 942.20 | 0.05 |
| USD | DANAHER CORP COM USD0.01 | 1 472.00 | 245 249.92 | 0.05 |
| USD | DARDEN RESTAURANTS INC COM | 360.00 | 27 669.60 | 0.01 |
| USD | DAVITA INC COM USD0.001 | 10 322.00 | 835 669.12 | 0.17 |
| USD | DELL TECHNOLOGIES COM USD0.01 CL C | 3 905.00 | 193 844.20 | 0.04 |
| USD | DELTA AIRLINES INC COM USD0.0001 | 331.00 | 8 344.51 | 0.00 |
| USD | DENTSPLY SIRONA IN COM NPV | 453.00 | 21 073.56 | 0.00 |
| USD | DIAMONDBACK ENERGY COM USD0.01 | 517.00 | 22 013.86 | 0.00 |
| USD | DISCOVER FINL SVCS COM STK USD0.01 | 718.00 | 34 112.18 | 0.01 |
| USD | DISH NETWORK CORPO CLASS'A'COM USD0.01 | 611.00 | 19 338.15 | 0.00 |
| USD | DOCUSIGN INC COM USD0.0001 | 236.00 | 32 978.64 | 0.01 |
| USD | DOLLAR GENERAL CP COM USD0.875 | 625.00 | 119 693.75 | 0.02 |
| USD | DOLLAR TREE INC | 583.00 | 57 058.21 | 0.01 |
| USD | DOMINOS PIZZA INC COM USD0.01 | 89.00 | 34 339.76 | 0.01 |
| USD | DOVER CORP COM | 384.00 | 37 344.00 | 0.01 |
| USD | DOW INC COM USD0.01 | 1 684.00 | 65 002.40 | 0.01 |
| USD | DTE ENERGY CO COM | 437.00 | 47 008.09 | 0.01 |
| USD | DUPONT DE NEMOURS COM USD0.01 | 1 705.00 | 86 494.65 | 0.02 |
| USD | DXC TECHNOLOGY CO COM USD0.01 | 550.00 | 7 815.50 | 0.00 |
| USD | DYNATRACE INC COM USD0.001 | 150.00 | 5 770.50 | 0.00 |
| USD | E TRADE FINANCIAL COM USD0.01 | 484.00 | 22 041.36 | 0.00 |
| USD | EAST WEST BANCORP INC COM | 454.00 | 15 867.30 | 0.00 |
| USD | EASTMAN CHEM CO COM | 2 516.00 | 171 289.28 | 0.04 |
| USD | EATON VANCE CORP COM NON VTG | 311.00 | 11 211.55 | 0.00 |
| USD | EBAY INC COM USD0.001 | 22 302.00 | 1 015 633.08 | 0.21 |
| USD | EDISON INTL COM | 830.00 | 48 231.30 | 0.01 |
| USD | ELANCO ANIMAL HEAL COM NPV | 1 018.00 | 21 795.38 | 0.00 |
| USD | ELECTRONIC ARTS INC COM | 1 469.00 | 180 510.72 | 0.04 |
| USD | ELI LILLY AND CO COM NPV | 2 050.00 | 313 547.50 | 0.06 |
| USD | EMERSON ELEC CO COM | 1 365.00 | 83 292.30 | 0.02 |
| USD | ENTERGY CORP NEW COM | 452.00 | 46 022.64 | 0.01 |
| USD | EQUINIX INC COM USD0.001 NEW | 203.00 | 141 618.89 | 0.03 |
| USD | EQUITABLE HOLDINGS COM USD0.01 | 1 228.00 | 23 467.08 | 0.01 |
| USD | ESSENTIAL UTILS IN COM USD0.50 | 584.00 | 25 555.84 | 0.01 |
| USD | ESTEE LAUDER COS CLASS'A'COM USD0.01 | 516.00 | 101 894.52 | 0.02 |
| USD | EVERGY INC COM NPV | 691.00 | 42 627.79 | 0.01 |
| USD | EVERSOURCE ENERGY COM USD5 | 797.00 | 66 708.90 | 0.01 |
| USD | EXELON CORP COM NPV | 2 213.00 | 84 780.03 | 0.02 |
| USD | EXPEDIA GROUP INC COM USD0.001 | 1 318.00 | 104 754.64 | 0.02 |
| USD | EXTRA SPACE STORAG COM USD0.01 | 350.00 | 33 862.50 | 0.01 |
| USD | EXXON MOBIL CORP COM NPV | 10 210.00 | 464 248.70 | 0.10 |
| USD | FACEBOOK INC COM USD0.000006 CL 'A' | 7 584.00 | 1 707 082.56 | 0.35 |
| USD | FED REALTY INV TR SBI USD0.01 | 261.00 | 20 856.51 | 0.00 |
| USD | FEDEX CORP COM USD0.10 | 570.00 | 74 419.20 | 0.02 |
| USD | FIDELITY NATL INF COM STK USD0.01 | 1 425.00 | 197 832.75 | 0.04 |
| USD | FIFTH THIRD BANCORP COM | 37 013.00 | 717 682.07 | 0.15 |
| USD | FIRST REPUBLIC BAN COM USD0.01 | 412.00 | 44 566.04 | 0.01 |
| USD | FIRSTENERGY CORP COM USD0.10 | 1 283.00 | 54 219.58 | 0.01 |
| USD | FISERV INC COM USD0.01 | 1 343.00 | 143 392.11 | 0.03 |
| USD | FLEETCOR TECHNOLOG COM STK USD0.001 | 215.00 | 52 414.85 | 0.01 |
| USD | FORD MOTOR CO COM STK USD0.01 | 10 335.00 | 59 012.85 | 0.01 |
| USD | FORTUNE BRANDS HOME USD0.01 WI | 344.00 | 20 970.24 | 0.00 |
| USD | FOX CORP COM USD0.01 CL A | 881.00 | 25 698.77 | 0.01 |
| USD | FOX CORP COM USD0.01 CL B | 588.00 | 16 922.64 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | FREEPORT-MCMORAN COM STK USD0.10 | 3 626.00 | 32 887.82 | 0.01 |
| USD | GENERAL MLS INC COM | 11 764.00 | 741 602.56 | 0.15 |
| USD | GENERAL MOTORS CO COM USD0.01 | 3 299.00 | 85 378.12 | 0.02 |
| USD | GENUINE PARTS CO COM STK USD1 | 1 258.00 | 104 929.78 | 0.02 |
| USD | GILEAD SCIENCES COM USD0.001 | 15 768.00 | 1 227 223.44 | 0.25 |
| USD | GLOBAL PAYMENTS COM NPV | 732.00 | 131 386.68 | 0.03 |
| USD | GLOBE LIFE INC COM USD1.00 | 253.00 | 19 486.06 | 0.00 |
| USD | GODADDY INC COM CL A USD0.001 | 431.00 | 33 294.75 | 0.01 |
| USD | GOLDMAN SACHS GRP COM USD0.01 | 734.00 | 144 223.66 | 0.03 |
| USD | GRAINGER W W INC COM | 99.00 | 30 652.38 | 0.01 |
| USD | HALLIBURTON COM STK USD2.50 | 2 539.00 | 29 833.25 | 0.01 |
| USD | HARTFORD FINL SVCS COM USD0.01 | 972.00 | 37 217.88 | 0.01 |
| USD | HASBRO INC COM | 382.00 | 28 080.82 | 0.01 |
| USD | HCA HEALTHCARE INC COM USD0.01 | 3 161.00 | 337 910.90 | 0.07 |
| USD | HD SUPPLY INC COM USD0.01 | 429.00 | 13 603.59 | 0.00 |
| USD | HEALTHPEAK PPTYS I COM USD1 | 1 121.00 | 27 621.44 | 0.01 |
| USD | HERSHEY COMPANY COM USD1.00 | 6 468.00 | 877 578.24 | 0.18 |
| USD | HESS CORPORATION COM USD1 | 703.00 | 33 371.41 | 0.01 |
| USD | HEWLETT PACKARD EN COM USD0.01 | 3 112.00 | 30 217.52 | 0.01 |
| USD | HILTON WORLDWIDE H COM USD0.01 | 638.00 | 50 599.78 | 0.01 |
| USD | HOLLYFRONTIER CORP COM USD0.01 | 382.00 | 12 013.90 | 0.00 |
| USD | HOLOGIC INC COM USD0.01 | 715.00 | 37 895.00 | 0.01 |
| USD | HOME DEPOT INC COM USD0.05 | 2 576.00 | 640 084.48 | 0.13 |
| USD | HORMEL FOODS CORP COM USD0.0586 | 3 043.00 | 148 589.69 | 0.03 |
| USD | HOST HOTELS & RESO COM STK USD0.01 | 81 219.00 | 969 754.86 | 0.20 |
| USD | HOWMET AEROSPACE I COM USD1.00 | 991.00 | 12 962.28 | 0.00 |
| USD | HP INC COM USD0.01 | 11 051.00 | 167 312.14 | 0.03 |
| USD | HUMANA INC COM USD0.166 | 311.00 | 127 712.15 | 0.03 |
| USD | HUNTINGTON BANCSHARES INC COM | 1 924.00 | 17 104.36 | 0.00 |
| USD | HUNTINGTON INGALLS COM USD0.01 | 73.00 | 14 591.97 | 0.00 |
| USD | INGERSOLL RAND INC COM USD1.00 | 929.00 | 26 197.80 | 0.01 |
| USD | INGREDION INC COM USD0.01 | 186.00 | 15 666.78 | 0.00 |
| USD | INTEL CORP COM USD0.001 | 33 721.00 | 2 122 062.53 | 0.43 |
| USD | INTL BUSINESS MCHN COM USD0.20 | 2 069.00 | 258 418.10 | 0.05 |
| USD | INTL PAPER CO COM USD1.00 | 19 575.00 | 666 528.75 | 0.14 |
| USD | INTUIT INC COM USD0.01 | 616.00 | 178 837.12 | 0.04 |
| USD | INVESCO LTD COM STK USD0.20 | 1 093.00 | 8 711.21 | 0.00 |
| USD | IQVIA HOLDINGS INC COM USD0.01 | 413.00 | 61 751.76 | 0.01 |
| USD | IRON MTN INC NEW COM NPV | 5 155.00 | 132 792.80 | 0.03 |
| USD | JACOBS ENG GROUP COM USD1 | 294.00 | 24 701.88 | 0.01 |
| USD | JOHNSON CTLS INTL COM USD0.01 | 1 739.00 | 54 621.99 | 0.01 |
| USD | JONES LANG LASALLE INC COM | 125.00 | 12 800.00 | 0.00 |
| USD | KANSAS CITY STHN I COM USD0.01 | 222.00 | 33 415.44 | 0.01 |
| USD | KELLOGG CO COM USD0.25 | 686.00 | 44 802.66 | 0.01 |
| USD | KEURIG DR PEPPER COM USD0.01 | 183.00 | 5 109.36 | 0.00 |
| USD | KEYCORP NEW COM | 2 571.00 | 30 466.35 | 0.01 |
| USD | KEYSIGHT TECHNOLOG COM USD0.01 'WD' | 2 703.00 | 292 275.39 | 0.06 |
| USD | KIMBERLY-CLARK CP COM USD1.25 | 791.00 | 111 879.04 | 0.02 |
| USD | KINDER MORGAN INC USD0.01 | 4 652.00 | 73 501.60 | 0.02 |
| USD | KKR & CO INC COM NPV CLASS A | 1 067.00 | 29 609.25 | 0.01 |
| USD | KLA CORPORATION COM USD0.001 | 921.00 | 162 059.16 | 0.03 |
| USD | KNIGHT SWIFT TRANS CL A COM STK USD0.01 | 238.00 | 9 903.18 | 0.00 |
| USD | KOHLS CORPORATION COM USD0.01 | 385.00 | 7 399.70 | 0.00 |
| USD | KROGER CO COM USD1 | 10 476.00 | 341 727.12 | 0.07 |
| USD | L3HARRIS TECHNOLOG COM USD1.00 | 514.00 | 102 517.30 | 0.02 |
| USD | LAB CORP AMER HLDG COM USD0.1 | 241.00 | 42 252.12 | 0.01 |
| USD | LAM RESEARCH CORP COM USD0.001 | 342.00 | 93 595.14 | 0.02 |
| USD | LAS VEGAS SANDS CORP COM | 823.00 | 39 454.62 | 0.01 |
| USD | LEAR CORP COM USD0.01 | 161.00 | 17 074.05 | 0.00 |
| USD | LENNAR CORP COM CL'A'USD0.10 | 712.00 | 43 047.52 | 0.01 |
| USD | LINCOLN NATL CORP COM NPV | 538.00 | 20 406.34 | 0.00 |
| USD | LKQ CORP COM | 931.00 | 25 565.26 | 0.01 |
| USD | LOWE'S COS INC COM USD0.50 | 1 780.00 | 232 023.00 | 0.05 |
| USD | MARATHON OIL CORP COM USD1 | 219.00 | 1 169.46 | 0.00 |
| USD | MARATHON PETROLEUM COM USD0.01 | 1 742.00 | 61 213.88 | 0.01 |
| USD | MARRIOTT INTL INC COM USD0.01 CLASS 'A' | 643.00 | 56 905.50 | 0.01 |
| USD | MASCO CORP COM | 580.00 | 27 057.00 | 0.01 |
| USD | MASTERCARD INC COM USD0.0001 CLASS 'A' | 2 109.00 | 634 577.01 | 0.13 |
| USD | MCCORMICK & CO INC COM N/VTG NPV | 295.00 | 51 672.20 | 0.01 |
| USD | MCDONALD'S CORP COM USD0.01 | 1 780.00 | 331 649.60 | 0.07 |
| USD | MCKESSON CORP COM USD0.01 | 3 620.00 | 574 385.40 | 0.12 |
| USD | MERCK & CO INC COM USD0.50 | 15 488.00 | 1 250 191.36 | 0.26 |
| USD | METLIFE INC COM USD0.01 | 1 965.00 | 70 759.65 | 0.01 |
| USD | MGM RESORTS INTL COM STK USD0.01 | 1 354.00 | 23 261.72 | 0.00 |
| USD | MICROCHIP TECHNLGY COM USD0.001 | 548.00 | 52 618.96 | 0.01 |
| USD | MICRON TECHNOLOGY COM USD0.10 | 2 528.00 | 121 116.48 | 0.02 |
| USD | MICROSOFT CORP COM USD0.0000125 | 31 111.00 | 5 701 090.75 | 1.17 |
| USD | MID-AMER APARTMENT COM STK USD0.01 | 315.00 | 36 653.40 | 0.01 |
| USD | MIDDLEBY CORP COM USD0.01 | 11.00 | 749.10 | 0.00 |
| USD | MOHAWK INDS COM USD0.01 | 129.00 | 12 022.80 | 0.00 |
| USD | MOLSON COORS BEVER COM USD0.01 CLASS B | 496.00 | 18 828.16 | 0.00 |
| USD | MONDELEZ INTL INC COM USD0.01 | 3 315.00 | 172 777.80 | 0.04 |
| USD | MORGAN STANLEY COM STK USD0.01 | 2 797.00 | 123 627.40 | 0.03 |
| USD | MOSAIC CO COM USD0.01 | 1 161.00 | 14 036.49 | 0.00 |
| USD | MOTOROLA SOLUTIONS COM USD0.01 | 383.00 | 51 831.39 | 0.01 |
| USD | MSCI INC COM STK USS0.01 | 2 655.00 | 873 096.75 | 0.18 |
| USD | NATIONAL OILWELL VARCO INC COM | 820.00 | 10 225.40 | 0.00 |
| USD | NATIONAL RETAIL PROPERTIES INC | 613.00 | 19 242.07 | 0.00 |
| USD | NETAPP INC COM USD0.001 | 4 324.00 | 192 590.96 | 0.04 |
| USD | NETFLIX INC COM USD0.001 | 1 035.00 | 434 420.55 | 0.09 |
| USD | NEWELL BRANDS INC COM USD1 | 1 172.00 | 15 411.80 | 0.00 |
| USD | NEWMONT CORPORATIO COM USD1.60 | 2 004.00 | 117 173.88 | 0.02 |
| USD | NIELSEN HLDGS PLC COM EUR0.07 | 471.00 | 6 542.19 | 0.00 |
| USD | NIKE INC CLASS'B'COM NPV | 3 041.00 | 299 781.78 | 0.06 |
| USD | NISOURCE INC COM NPV | 1 012.00 | 24 115.96 | 0.01 |
| USD | NOBLE ENERGY INC COM USD0.01 | 117.00 | 1 021.41 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | NORFOLK STHN CORP COM USD1 | 624.00 | 111 252.96 | 0.02 |
| USD | NORTHERN TRUST CP COM USD1.666 | 490.00 | 38 714.90 | 0.01 |
| USD | NORTONLIFELOCK INC COM USD0.01 | 40 757.00 | 928 444.46 | 0.19 |
| USD | NORWEGIAN CRUISE L COM USD0.001 | 472.00 | 7 391.52 | 0.00 |
| USD | NRG ENERGY INC COM USD0.01 | 24 381.00 | 878 935.05 | 0.18 |
| USD | NUCOR CORP COM | 713.00 | 30 131.38 | 0.01 |
| USD | NVIDIA CORP COM USD0.001 | 2 014.00 | 715 010.28 | 0.15 |
| USD | NVR INC COM STK USD0.01 | 34.00 | 109 534.74 | 0.02 |
| USD | OCCIDENTAL PETRLM COM USD0.20 | 2 289.00 | 29 642.55 | 0.01 |
| USD | OGE ENERGY CORP COM USD0.01 | 483.00 | 15 127.56 | 0.00 |
| USD | OLD DOMINION FGHT LINES INC COM | 210.00 | 35 928.90 | 0.01 |
| USD | OMNICOM GROUP INC COM USD0.15 | 590.00 | 32 326.10 | 0.01 |
| USD | ON SEMICONDUCTOR COM USD0.01 | 1 126.00 | 18 567.74 | 0.00 |
| USD | ONEOK INC | 1 162.00 | 42 633.78 | 0.01 |
| USD | ORACLE CORP COM USD0.01 | 25 658.00 | 1 379 630.66 | 0.28 |
| USD | OREILLY AUTO NEW COM USD0.01 | 179.00 | 74 685.96 | 0.02 |
| USD | OTIS WORLDWIDE COR COM USD0.01 | 1 005.00 | 52 913.25 | 0.01 |
| USD | OWENS CORNING COM STK USD0.01 | 315.00 | 16 537.50 | 0.00 |
| USD | PACCAR INC COM STK USD1 | 7 780.00 | 574 630.80 | 0.12 |
| USD | PACKAGING CORP AMER COM | 251.00 | 25 453.91 | 0.01 |
| USD | PALO ALTO NETWORKS COM USD0.0001 | 219.00 | 51 524.13 | 0.01 |
| USD | PARKER-HANNIFIN COM STK USD0.50 | 292.00 | 52 551.24 | 0.01 |
| USD | PAYCHEX INC COM | 11 995.00 | 866 998.60 | 0.18 |
| USD | PAYPAL HOLDINGS IN COM USD0.0001 | 2 642.00 | 409 536.42 | 0.08 |
| USD | PFIZER INC COM USD0.05 | 31 206.00 | 1 191 757.14 | 0.24 |
| USD | PHILLIPS 66 COM USD0.01 | 1 106.00 | 86 555.56 | 0.02 |
| USD | PINNACLE WEST CAP CORP COM | 244.00 | 19 007.60 | 0.00 |
| USD | PINTEREST INC COM USD0.00001 CL A | 500.00 | 10 145.00 | 0.00 |
| USD | PNC FINANCIAL SVCS COM USD5 | 1 064.00 | 121 338.56 | 0.03 |
| USD | PPL CORP COM USD0.01 | 1 866.00 | 52 136.04 | 0.01 |
| USD | PRINCIPAL FINL GP COM USD0.01 | 775.00 | 29 930.50 | 0.01 |
| USD | PROCTER & GAMBLE COM NPV | 6 563.00 | 760 782.96 | 0.16 |
| USD | PROLOGIS INC COM USD0.01 | 1 717.00 | 157 105.50 | 0.03 |
| USD | PRUDENTIAL FINL COM USD0.01 | 901.00 | 54 924.96 | 0.01 |
| USD | PUBLIC SVC ENTERPRISE GROUP COM | 1 183.00 | 60 380.32 | 0.01 |
| USD | PVH CORP COM USD1 | 174.00 | 7 911.78 | 0.00 |
| USD | QUALCOMM INC COM USD0.0001 | 15 928.00 | 1 288 256.64 | 0.26 |
| USD | QUEST DIAGNOSTICS INC COM | 364.00 | 43 053.92 | 0.01 |
| USD | RAYMOND JAMES FINANCIAL INC COM | 396.00 | 27 434.88 | 0.01 |
| USD | RAYTHEON TECHNOLOG COM USD1.00 | 3 552.00 | 229 175.04 | 0.05 |
| USD | REGENCY CENTERS COM USD0.01 | 546.00 | 23 363.34 | 0.01 |
| USD | REGENERON PHARMACE COM USD0.001 | 199.00 | 121 949.19 | 0.03 |
| USD | REGIONS FINANCIAL CORP NEW COM | 21 945.00 | 248 197.95 | 0.05 |
| USD | REINSURANCE GROUP COM USD0.01 | 120.00 | 10 890.00 | 0.00 |
| USD | REPUBLIC SERVICES COM USD0.01 | 458.00 | 39 140.68 | 0.01 |
| USD | ROBERT HALF INTL COM USD0.001 | 6 718.00 | 340 871.32 | 0.07 |
| USD | ROCKWELL AUTOMATIO COM USD1 | 285.00 | 61 605.60 | 0.01 |
| USD | ROSS STORES INC COM USD0.01 | 816.00 | 79 119.36 | 0.02 |
| USD | ROYAL CARIBBEAN COM USD0.01 | 364.00 | 18 880.68 | 0.00 |
| USD | SALESFORCE.COM INC COM USD0.001 | 1 971.00 | 344 511.09 | 0.07 |
| USD | SBA COMMUNICATIONS COM USD0.01 CL A | 268.00 | 84 186.84 | 0.02 |
| USD | SCHEIN HENRY INC COM | 327.00 | 19 855.44 | 0.00 |
| USD | SCHLUMBERGER COM USD0.01 | 3 168.00 | 58 512.96 | 0.01 |
| USD | SCHWAB(CHARLES)CP COM USD0.01 | 2 596.00 | 93 222.36 | 0.02 |
| USD | SEALED AIR CORP NEW COM | 262.00 | 8 410.20 | 0.00 |
| USD | SEI INVESTMENT COM USD0.01 | 349.00 | 18 922.78 | 0.00 |
| USD | SENSATA TECHNO PLC COM EUR0.01 | 357.00 | 12 727.05 | 0.00 |
| USD | SERVICENOW INC COM USD0.001 | 439.00 | 170 301.27 | 0.04 |
| USD | SIGNATURE BK COM USD0.01 | 155.00 | 15 951.05 | 0.00 |
| USD | SIMON PROP GROUP COM USD0.0001 | 8 213.00 | 473 890.10 | 0.10 |
| USD | SIRIUS XM HLDGS IN COM USD0.001 | 127 345.00 | 741 147.90 | 0.15 |
| USD | SKYWORKS SOLUTIONS INC COM | 446.00 | 52 868.84 | 0.01 |
| USD | SLACK TECHNOLOGIES COM USD0.0001 CL A | 557.00 | 19 522.85 | 0.00 |
| USD | SMUCKER(JM)CO COM NPV | 260.00 | 29 621.80 | 0.01 |
| USD | SNAP-ON INC COM USD1 | 136.00 | 17 637.84 | 0.00 |
| USD | SOUTHWEST AIRLINES COM USD1 | 19 288.00 | 619 144.80 | 0.13 |
| USD | SQUARE INC COM USD0.0000001 CL A | 802.00 | 65 026.16 | 0.01 |
| USD | STANLEY BLACK & DE COM USD2.50 | 362.00 | 45 412.90 | 0.01 |
| USD | STARBUCKS CORP COM USD0.001 | 4 065.00 | 317 029.35 | 0.07 |
| USD | STATE STREET CORP COM STK USD1 | 850.00 | 51 816.00 | 0.01 |
| USD | STEEL DYNAMICS INC COM | 485.00 | 12 881.60 | 0.00 |
| USD | SYNCHRONY FINANCIA COM USD0.001 | 1 464.00 | 29 821.68 | 0.01 |
| USD | SYSCO CORP COM USD1 | 6 298.00 | 347 397.68 | 0.07 |
| USD | T ROWE PRICE GROUP COM USD0.20 | 588.00 | 71 089.20 | 0.01 |
| USD | T-MOBILE US INC COM USD0.0001 | 985.00 | 98 539.40 | 0.02 |
| USD | TARGET CORP COM STK USD0.0833 | 1 181.00 | 144 471.73 | 0.03 |
| USD | TD AMERITRADE HLDG COM USD0.01 | 576.00 | 21 467.52 | 0.00 |
| USD | TELEFLEX INC COM | 107.00 | 38 826.02 | 0.01 |
| USD | TESLA INC COM USD0.001 | 316.00 | 263 860.00 | 0.05 |
| USD | TEXAS INSTRUMENTS COM USD1 | 3 022.00 | 358 832.28 | 0.07 |
| USD | THERMO FISHER SCIE COM USD1 | 946.00 | 330 333.74 | 0.07 |
| USD | TIFFANY & CO NEW COM | 286.00 | 36 645.18 | 0.01 |
| USD | TJX COS INC COM USD1 | 2 916.00 | 153 848.16 | 0.03 |
| USD | TRACTOR SUPPLY CO COM USD0.008 | 252.00 | 30 749.04 | 0.01 |
| USD | TRADEWEB MARKETS I COM USD0.00001 CL A | 83.00 | 5 474.68 | 0.00 |
| USD | TRANE TECHNOLOGIES COM USD1 | 549.00 | 49 525.29 | 0.01 |
| USD | TRANSDIGM GROUP INC COM | 129.00 | 54 801.78 | 0.01 |
| USD | TRAVELERS CO INC COM NPV | 596.00 | 63 760.08 | 0.01 |
| USD | TRUIST FINL CORP COM USD5 | 3 181.00 | 116 997.18 | 0.02 |
| USD | TWITTER INC COM USD0.000005 | 1 708.00 | 52 896.76 | 0.01 |
| USD | TYSON FOODS INC CL A | 690.00 | 42 393.60 | 0.01 |
| USD | UBER TECHNOLOGIES COM USD0.00001 | 971.00 | 35 266.72 | 0.01 |
| USD | UGI CORP NEW COM | 422.00 | 13 436.48 | 0.00 |
| USD | ULTA BEAUTY INC COM STK USD0.01 | 159.00 | 38 797.59 | 0.01 |
| USD | UNION PACIFIC CORP COM USD2.50 | 1 690.00 | 287 063.40 | 0.06 |
| USD | UNITED AIRLINES HO COM USD0.01 | 178.00 | 4 991.12 | 0.00 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | UNITED RENTALS INC COM | 163.00 | 22 639.07 | 0.00 |
| USD | UNITEDHEALTH GRP COM USD0.01 | 2 237.00 | 681 949.45 | 0.14 |
| USD | UNIVERSAL HEALTH S CLASS'B'COM USD0.01 | 1 734.00 | 182 850.30 | 0.04 |
| USD | UNUM GROUP COM USD0.10 | 72.00 | 1 090.80 | 0.00 |
| USD | US BANCORP COM USD0.01 | 3 689.00 | 131 180.84 | 0.03 |
| USD | VAIL RESORTS INC COM | 98.00 | 19 436.34 | 0.00 |
| USD | VALERO ENERGY CORP NEW COM | 9 857.00 | 656 870.48 | 0.13 |
| USD | VARIAN MEDICAL SYS COM USD1 | 201.00 | 24 399.39 | 0.01 |
| USD | VEREIT INC COM USD0.001 | 1 844.00 | 10 105.12 | 0.00 |
| USD | VERIZON COMMUN COM USD0.10 | 9 699.00 | 556 528.62 | 0.11 |
| USD | VF CORP COM NPV | 768.00 | 43 084.80 | 0.01 |
| USD | VIACOMCBS INC COM USD0.001 CL B | 1 478.00 | 30 653.72 | 0.01 |
| USD | VISA INC COM STK USD0.0001 | 4 038.00 | 788 379.12 | 0.16 |
| USD | VISTRA ENERGY CORP COM USD0.01 | 17 954.00 | 366 979.76 | 0.08 |
| USD | VOYA FINL INC COM USD0.01 | 284.00 | 12 794.20 | 0.00 |
| USD | WALGREENS BOOTS AL COM USD0.01 | 1 816.00 | 77 979.04 | 0.02 |
| USD | WALMART INC COM USD0.10 | 3 371.00 | 418 206.26 | 0.09 |
| USD | WALT DISNEY CO. DISNEY COM USD0.01 | 4 284.00 | 502 513.20 | 0.10 |
| USD | WASTE MGMT INC DEL COM | 967.00 | 103 227.25 | 0.02 |
| USD | WELLS FARGO & CO COM USD1 2/3 | 9 370.00 | 248 023.90 | 0.05 |
| USD | WELLTOWER INC COM USD1 | 960.00 | 48 643.20 | 0.01 |
| USD | WESTERN DIGITAL CORP COM | 748.00 | 33 188.76 | 0.01 |
| USD | WESTROCK CO COM USD0.01 | 646.00 | 18 126.76 | 0.00 |
| USD | WEYERHAEUSER CO COM USD1.25 | 1 707.00 | 34 464.33 | 0.01 |
| USD | WHIRLPOOL CORP COM | 160.00 | 19 491.20 | 0.00 |
| USD | WILLIAMS COS INC COM USD1 | 2 967.00 | 60 615.81 | 0.01 |
| USD | WORKDAY INC COM USD0.001 CL A | 381.00 | 69 886.83 | 0.01 |
| USD | WYNN RESORTS LTD COM | 277.00 | 23 068.56 | 0.00 |
| USD | XILINX INC COM USD0.01 | 612.00 | 56 273.40 | 0.01 |
| USD | XPO LOGISTICS INC COM USD0.001 | 286.00 | 22 539.66 | 0.00 |
| USD | XYLEM INC COM USD0.01 WI | 368.00 | 24 413.12 | 0.01 |
| USD | YUM BRANDS INC COM | 9 443.00 | 847 320.39 | 0.17 |
| USD | ZIMMER BIOMET HOLDINGS INC COM USD0.01 | 481.00 | 60 769.54 | 0.01 |
| USD | ZIONS BANCORPORATI COM USD0.001 | 354.00 | 11 648.37 | 0.00 |
| USD | ZOOM VIDEO COMMUNI COM USD0.001 CL A | 100.00 | 17 948.00 | 0.00 |
| Total Vereinigte Staaten |  | 95 460 013.03 | 19.53 |
| Total Namensaktien |  | 128 736 693.38 | 26.33 |
| Depository Receipts |  |  |  |
| Irland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 3 060.00 | 52 710.37 | 0.01 |
| Total Irland |  | 52 710.37 | 0.01 |
| Luxemburg |  |  |  |
| EUR	SES S.A. FDR EACH REP 1 'A' NPV | 1 857.00 | 13 744.73 | 0.00 |
| Total Luxemburg |  | 13 744.73 | 0.00 |
| Niederlande |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 2 041.00 | 16 368.91 | 0.01 |
| Total Niederlande |  | 16 368.91 | 0.01 |
| Total Depository Receipts |  | 82 824.01 | 0.02 |
| Investment Fonds, closed end |  |  |  |
| Grossbritannien |  |  |  |
| GBP	SEGRO PLC REIT | 3 011.00 | 31 254.11 | 0.01 |
| Total Grossbritannien |  | 31 254.11 | 0.01 |
| Vereinigte Staaten |  |  |  |
| USD	DUKE REALTY CORP REIT | 764.00 | 26 342.72 | 0.00 |
| USD	SL GREEN REALTY CORPORATION | 15.00 | 631.80 | 0.00 |
| USD	VENTAS INC REIT | 29 295.00 | 1 023 860.25 | 0.21 |
| Total Vereinigte Staaten |  | 1 050 834.77 | 0.21 |
| Total Investment Fonds, closed end |  | 1 082 088.88 | 0.22 |
| Anrechte |  |  |  |
| Grossbritannien |  |  |  |
| GBP	WHITBREAD PLC-NIL RIGHTS 09.06.20 | 8 686.00 | 107 599.79 | 0.02 |
| Total Grossbritannien |  | 107 599.79 | 0.02 |
| Vereinigte Staaten |  |  |  |
| USD	LIBERTY MEDIA CORP-LIBERTY SIRIUSXM RIGHTS 02.06.20 | 63.00 | 684.81 | 0.00 |
| Total Vereinigte Staaten |  | 684.81 | 0.00 |
| Total Anrechte |  | 108 284.60 | 0.02 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.00000% 18-30.09.25 | 150 000.00 | 170 970.69 | 0.03 |
| USD	AMERICA, UNITED STATES OF 3.12500% 18-15.11.28 | 400 000.00 | 484 359.36 | 0.10 |
| USD	AMERICA, UNITED STATES OF 2.00000% 16-15.11.26 | 170 000.00 | 186 648.03 | 0.04 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 220 000.00 | 245 850.00 | 0.05 |
| USD	AMERICA, UNITED STATES OF 2.50000% 14-15.05.24 | 63 000.00 | 68 578.95 | 0.01 |
| USD	AMERICA, UNITED STATES OF 2.37500% 17-15.05.27 | 300 000.00 | 338 847.63 | 0.07 |
| Total USD |  | 1 495 254.66 | 0.30 |
| Total Treasury-Notes, fester Zins |  | 1 495 254.66 | 0.30 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  | 200 341 934.45 | 40.98 |
| UBS (Lux) Strategy SICAV – Dynamic Income (USD) |  |  |  |
| Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020 |  |  |  |

| Bezeichnung	Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- |
| Nominal | NR Kursgewinn | Netto- |
|  | (-verlust) auf Futures/ | vermögens |
|  | Devisentermin- |  |
|  | kontrakten/ |  |
|  | Swaps (Erl. 1) |  |

Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden
Treasury-Bills, Nullcoupon
| USD |  |
| --- | --- |
| USD | AMERICA, UNITED STATES OF TB 0.00000% 26.03.20-24.09.20 | 2 000 000.00 | 1 998 929.86 | 0.41 |
| USD | AMERICA, UNITED STATES OF TB 0.00000% 20.06.19-18.06.20 | 5 000 000.00 | 4 999 704.85 | 1.03 |
| USD | AMERICA, UNITED STATES OF TB 0.00000% 18.07.19-16.07.20 | 5 000 000.00 | 4 999 171.85 | 1.02 |
| USD | AMERICA, UNITED STATES OF TB 0.00000% 15.08.19-13.08.20 | 5 000 000.00 | 4 998 643.90 | 1.02 |
| USD | AMERICA, UNITED STATES OF TB 0.00000% 12.09.19-10.09.20 | 5 000 000.00 | 4 997 720.50 | 1.02 |
| Total USD |  |  | 21 994 170.96 | 4.50 |
| Total Treasury-Bills, Nullcoupon | 21 994 170.96 | 4.50 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden | 21 994 170.96 | 4.50 |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Namensaktien
Vereinigte Arabische Emirate
| GBP | NMC HEALTH PLC ORD GBP0.1 | 225.00 | 0.00 | 0.00 |
| --- | --- | --- | --- | --- |
| Total Vereinigte Arabische Emirate |  | 0.00 | 0.00 |
| Total Namensaktien |  | 0.00 | 0.00 |
| Anrechte |  |  |  |
| Italien |  |  |  |
| EUR	DAVIDE CAMPARI-MILANO SPA RIGHTS 21.06.20 | 2 854.00 | 0.00 | 0.00 |
| Total Italien |  | 0.00 | 0.00 |
| Total Anrechte |  | 0.00 | 0.00 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | 0.00 | 0.00 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
| Irland |  |
| --- | --- |
| USD | NEUBERGER BERMAN EUROPE LTD-STRATEGIC INC FD-I-ACC | 2 037 000.00 | 24 566 220.00 | 5.03 |
| USD | PIMCO GIS DIVERSIFIED INCOME FUND-INSTITUIONAL CLASS-USD-ACC | 2 880 237.00 | 74 022 090.90 | 15.14 |
| Total Irland |  | 98 588 310.90 | 20.17 |
| Luxemburg |  |  |  |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD U-X-ACC | 1 799.00 | 34 383 153.63 | 7.03 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD U-X-ACC | 2 748.00 | 31 101 644.16 | 6.36 |
| USD	UBS (LUX) BOND SICAV - SHORT DURATION H Y SUST (USD) I-X-ACC | 215 140.00 | 25 552 177.80 | 5.23 |
| USD	UBS (LUX) BOND SICAV - ASIAN INVST GRADE BONDS (USD)-U-X-CAP | 497.00 | 6 052 714.50 | 1.24 |
| USD	UBS (LUX) BOND SICAV - USD INVEST GRADE CORP USD U X ACC | 147.00 | 1 722 850.29 | 0.35 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD)-U-X ACC | 1 339.00 | 17 284 843.03 | 3.54 |
| USD	UBS (LUX) INSTITUTIONAL SICAV - E MARKETS EQUITY PASS FA USD | 2 480.71 | 28 994 243.66 | 5.93 |
| USD	UBS LUX BOND SICAV - EMERGING ECONOMIES CORP USD-I-X-ACC | 147 053.00 | 17 127 262.91 | 3.50 |
| Total Luxemburg | 162 218 889.98 | 33.18 |
| Total Investment Fonds, open end | 260 807 200.88 | 53.35 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 260 807 200.88 | 53.35 |

Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Optionen auf Indizes, klassisch
| AUD |  |
| --- | --- |
| AUD | SOCIETE GENERALE/S&P/ASX 200 INDEX CALL 5761.61960 09.06.20 | -1 080.00 | -62 591.49 | -0.02 |
| AUD | BNP/S&P/ASX 200 INDEX CALL 6155.75220 23.06.20 | -1 150.00 | -13 896.67 | 0.00 |
| Total AUD |  |  | -76 488.16 | -0.02 |
| EUR |  |  |  |  |
| EUR | MORGAN STANLEY/EURO STOXX 50 CALL 3049.17620 09.06.20 | -4 980.00 | -267 855.77 | -0.05 |
| EUR | GOLDMAN SACHS/EURO STOXX 50 CALL 3172.57490 23.06.20 | -5 200.00 | -132 928.41 | -0.03 |
| Total EUR |  |  | -400 784.18 | -0.08 |
| GBP |  |  |  |  |
| GBP | MORGAN STANLEY/FTSE 100 INDEX CALL 6310.09490 09.06.20 | -500.00 | -10 121.08 | 0.00 |
| GBP | GOLDMAN SACHS/FTSE 100 INDEX CALL 6407.55460 23.06.20 | -490.00 | -16 948.61 | -0.01 |
| Total GBP |  |  | -27 069.69 | -0.01 |
| JPY |  |  |  |  |
| JPY | HSBC/TOPIX INDEX (TOKYO) CALL 1544.06560 09.06.20 | -563 210.00 | -175 573.13 | -0.04 |
| JPY | UBS/TOPIX INDEX (TOKYO) CALL 1611.46650 23.06.20 | -565 040.00 | -65 124.37 | -0.01 |
| Total JPY |  |  | -240 697.50 | -0.05 |

UBS (Lux) Strategy SICAV – Dynamic Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2020
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| USD |  |  |  |  |
| USD | MORGAN STANLEY/S&P 500 INDEX CALL 3048.00430 02.06.20 | -7 420.00 | -152 215.88 | -0.03 |
| USD | MORGAN STANLEY/MSCI EM INDEX CALL 987.33180 09.06.20 | -14 460.00 | -8 769.96 | 0.00 |
| USD | UBS/S&P 500 INDEX CALL 3017.07010 09.06.20 | -9 880.00 | -588 813.57 | -0.12 |
| USD | MORGAN STANLEY/S&P 500 INDEX CALL 3096.85490 16.06.20 | -11 400.00 | -342 692.21 | -0.07 |
| USD | BNP/MSCI EM INDEX CALL 997.82160 23.06.20 | -15 000.00 | -44 434.97 | -0.01 |
| USD | MORGAN STANLEY/S&P 500 INDEX CALL 3152.72720 23.06.20 | -9 640.00 | -194 575.69 | -0.04 |
| Total USD |  |  | -1 331 502.28 | -0.27 |
| Total Optionen auf Indizes, klassisch | -2 076 541.81 | -0.43 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | -2 076 541.81 | -0.43 |
| Total des Wertpapierbestandes | 481 066 764.48 | 98.40 |


## Derivative Instrumente
Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Swaps und Forward-Swaps auf Indizes
| USD USD | UBS/FTSE EEPRA NAREIT DVLPD TR EQS REC PERF 20-29.01.21 UBS/FTSE EEPRA NAREIT DVLPD TR EQS PAYER 3ML 20-29.01.21 | 19 692 200.00 | 177 563.93 | 0.04 |
| --- | --- | --- | --- | --- |
| Total Swaps und Forward-Swaps auf Indizes | 177 563.93 | 0.04 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | 177 563.93 | 0.04 |
| Total Derivative Instrumente | 177 563.93 | 0.04 |
| Devisenterminkontrakte |  |  |
| Devisenterminkontrakte (Kauf/Verkauf) |  |  |

| USD | 979 167.96 | EUR | 900 000.00 | 24.6.2020 | -22 417.24 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 557 390.54 | SGD | 795 000.00 | 24.6.2020 | -5 116.51 | 0.00 |
| USD | 321 912.58 | GBP | 260 438.85 | 24.6.2020 | -99.76 | 0.00 |
| USD | 4 354 525.60 | JPY | 468 208 172.00 | 24.6.2020 | 7 172.66 | 0.00 |
| USD | 569 216.76 | CAD | 805 000.00 | 24.6.2020 | -13 197.06 | 0.00 |
| USD | 4 980 977.28 | AUD | 7 853 000.00 | 24.6.2020 | -231 939.01 | -0.05 |
| USD | 219 223.86 | CHF | 212 000.00 | 24.6.2020 | -1 598.74 | 0.00 |
| USD | 376 193.63 | SEK | 3 780 000.00 | 24.6.2020 | -25 236.86 | 0.00 |
| USD | 1 242 384.83 | HKD | 9 635 000.00 | 24.6.2020 | -71.55 | 0.00 |
| USD | 18 401 356.33 | EUR | 16 915 343.41 | 24.6.2020 | -423 263.23 | -0.09 |
| USD | 16 331.19 | EUR | 15 000.00 | 24.6.2020 | -361.90 | 0.00 |
| USD | 146 980.56 | EUR | 135 000.00 | 24.6.2020 | -3 257.22 | 0.00 |
| USD | 318 995.34 | GBP | 255 000.00 | 24.6.2020 | 3 707.71 | 0.00 |
| USD | 865 336.04 | EUR | 795 000.00 | 24.6.2020 | -19 397.55 | 0.00 |
| AUD | 330 000.00 | USD | 215 675.23 | 24.6.2020 | 3 382.76 | 0.00 |
| SGD | 83 815 400.00 | USD | 59 151 271.70 | 4.6.2020 | 149 489.92 | 0.03 |
| USD | 228 892.41 | CHF | 222 000.00 | 22.7.2020 | -2 537.41 | 0.00 |
| USD | 698 360.60 | GBP | 565 438.00 | 22.7.2020 | -839.26 | 0.00 |
| USD | 4 360 487.08 | JPY | 468 208 172.00 | 22.7.2020 | 11 223.23 | 0.00 |
| USD | 568 354.31 | SGD | 805 000.00 | 22.7.2020 | -1 287.12 | 0.00 |
| USD | 4 896 214.10 | AUD | 7 543 000.00 | 22.7.2020 | -110 838.57 | -0.02 |
| USD | 1 242 049.63 | HKD | 9 635 000.00 | 22.7.2020 | 496.37 | 0.00 |
| USD | 384 808.34 | SEK | 3 780 000.00 | 22.7.2020 | -16 724.58 | 0.00 |
| USD | 574 621.98 | CAD | 805 000.00 | 22.7.2020 | -7 794.80 | 0.00 |
| USD | 20 380 913.67 | EUR | 18 810 344.00 | 22.7.2020 | -565 139.17 | -0.12 |
| JPY | 50 000 000.00 | USD | 467 591.69 | 22.7.2020 | -3 133.35 | 0.00 |
| JPY | 50 000 000.00 | USD | 467 338.20 | 24.6.2020 | -3 083.92 | 0.00 |
| EUR | 450 000.00 | USD | 488 713.05 | 22.7.2020 | 12 379.53 | 0.00 |
| EUR | 450 000.00 | USD | 488 412.00 | 24.6.2020 | 12 380.60 | 0.00 |
| USD | 44 297.59 | CAD | 62 500.00 | 22.7.2020 | -921.10 | 0.00 |
| USD | 44 293.23 | CAD | 62 500.00 | 24.6.2020 | -925.23 | 0.00 |
| USD | 17 985.48 | CHF | 17 500.00 | 24.6.2020 | -242.80 | 0.00 |
| USD | 18 000.52 | CHF | 17 500.00 | 22.7.2020 | -242.82 | 0.00 |
| USD | 186 951.01 | JPY | 20 000 000.00 | 24.6.2020 | 1 249.30 | 0.00 |
| USD | 84 218.15 | SGD | 120 000.00 | 24.6.2020 | -688.57 | 0.00 |
| USD | 148 263.15 | HKD | 1 150 000.00 | 22.7.2020 | 75.68 | 0.00 |
| USD | 50 651.47 | SEK | 500 000.00 | 24.6.2020 | -2 447.80 | 0.00 |
| USD | 50 665.95 | SEK | 500 000.00 | 22.7.2020 | -2 446.87 | 0.00 |
| USD | 148 309.77 | HKD | 1 150 000.00 | 24.6.2020 | 14.51 | 0.00 |
| USD | 84 226.60 | SGD | 120 000.00 | 22.7.2020 | -688.89 | 0.00 |
| USD | 187 049.97 | JPY | 20 000 000.00 | 22.7.2020 | 1 266.63 | 0.00 |
| USD | 60 978.24 | AUD | 95 000.00 | 22.7.2020 | -2 082.88 | 0.00 |
| USD | 60 975.73 | AUD | 95 000.00 | 24.6.2020 | -2 086.42 | 0.00 |
| EUR | 510 000.00 | USD | 553 485.15 | 22.7.2020 | 14 419.77 | 0.00 |
| EUR | 510 000.00 | USD | 553 147.02 | 24.6.2020 | 14 417.93 | 0.00 |
| USD | 400 779.15 | SGD | 568 700.00 | 4.6.2020 | -1 585.37 | 0.00 |
| AUD | 320 000.00 | USD | 209 341.12 | 22.7.2020 | 3 075.27 | 0.00 |
| EUR | 150 000.00 | USD | 164 341.50 | 22.7.2020 | 2 689.36 | 0.00 |
| EUR | 160 000.00 | USD | 175 193.44 | 24.6.2020 | 2 866.15 | 0.00 |
| AUD | 320 000.00 | USD | 209 331.52 | 24.6.2020 | 3 088.35 | 0.00 |
| GBP | 270 000.00 | USD | 330 656.09 | 24.6.2020 | 3 177.87 | 0.00 |
| JPY | 25 500 000.00 | USD | 236 713.42 | 24.6.2020 | 56.26 | 0.00 |
| JPY | 25 500 000.00 | USD | 236 822.68 | 22.7.2020 | 51.08 | 0.00 |
| GBP | 270 000.00 | USD | 330 704.07 | 22.7.2020 | 3 168.01 | 0.00 |

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

Devisenterminkontrakte (Fortsetzung)
Devisenterminkontrakte (Kauf/Verkauf)
| SGD | 2 367 300.00 | USD | 1 670 248.51 | 4.6.2020 | 4 654.82 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 244 715.81 | AUD | 375 000.00 | 24.6.2020 | -4 213.72 | 0.00 |
| USD | 244 727.55 | AUD | 375 000.00 | 22.7.2020 | -4 197.91 | 0.00 |
| USD | 600 319.39 | EUR | 550 000.00 | 22.7.2020 | -12 127.09 | 0.00 |
| USD | 599 961.18 | EUR | 550 000.00 | 24.6.2020 | -12 118.66 | 0.00 |
| USD | 232 434.35 | JPY | 25 000 000.00 | 24.6.2020 | 307.21 | 0.00 |
| USD | 232 544.73 | JPY | 25 000 000.00 | 22.7.2020 | 315.56 | 0.00 |
| USD | 155 096.56 | SGD | 220 900.00 | 4.6.2020 | -1 193.79 | 0.00 |
| USD | 11 282.11 | HKD | 87 500.00 | 24.6.2020 | -1.23 | 0.00 |
| USD | 11 275.58 | HKD | 87 500.00 | 22.7.2020 | 0.45 | 0.00 |
| USD | 1 046 951.98 | EUR | 940 000.00 | 24.6.2020 | 851.88 | 0.00 |
| USD | 1 047 595.31 | EUR | 940 000.00 | 22.7.2020 | 868.59 | 0.00 |
| USD | 219 782.81 | AUD | 330 000.00 | 22.7.2020 | 728.40 | 0.00 |
| USD | 293 990.83 | JPY | 31 500 000.00 | 24.6.2020 | 1 510.63 | 0.00 |
| USD | 92 654.94 | GBP | 75 000.00 | 24.6.2020 | -76.72 | 0.00 |
| HKD | 1 300 000.00 | USD | 167 576.36 | 24.6.2020 | 61.76 | 0.00 |
| USD | 219 784.85 | AUD | 330 000.00 | 24.6.2020 | 726.86 | 0.00 |
| USD | 92 667.41 | GBP | 75 000.00 | 22.7.2020 | -74.83 | 0.00 |
| USD | 294 137.15 | JPY | 31 500 000.00 | 22.7.2020 | 1 528.39 | 0.00 |
| HKD | 1 300 000.00 | USD | 167 464.28 | 22.7.2020 | 51.99 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | -1 244 242.02 | -0.25 |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 5 898 446.62* | 1.21 |
| Kontokorrentkredit und andere kurzfristige Verbindlichkeiten | -229 246.30 | -0.05 |
| Andere Aktiva und Passiva | 3 198 579.43 | 0.65 |
| Total des Nettovermögens | 488 867 866.14 | 100.00 |
| * Zum 31. Mai 2020 wurden gegenüber UBS AG Bankguthaben in Höhe von USD 590 000 als Sicherheit eingesetzt. |  |  |

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