# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Dynamic (USD)
| Three-year comparison |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Net assets in USD |  | 431 225 866.64 | 490 288 568.55 | 531 905 248.10 |
| Class K-1-acc | LU1622991310 |  |  |  |
| Shares outstanding |  | 4.3000 | 4.4000 | 2.1000 |
| Net asset value per share in USD |  | 6 548 789.85 | 5 288 421.08 | 5 438 272.62 |
| Issue and redemption price per share in USD 1 |  | 6 548 789.85 | 5 288 421.08 | 5 438 272.62 |
| Class (EUR hedged) K-1-acc | LU1622991401 |  |  |  |
| Shares outstanding |  | 5.7000 | 7.7000 | 11.3000 |
| Net asset value per share in EUR |  | 3 557 005.65 | 2 909 247.15 | 3 061 446.40 |
| Issue and redemption price per share in EUR 1 |  | 3 557 005.65 | 2 909 247.15 | 3 061 446.40 |
| Class K-X-acc 2 | LU1807254237 |  |  |  |
| Shares outstanding |  | - | - | 115 000.0000 |
| Net asset value per share in USD |  | - | - | 99.56 |
| Issue and redemption price per share in USD 1 |  | - | - | 99.56 |
| Class P-4%-mdist | LU1599188155 |  |  |  |
| Shares outstanding |  | 121 384.2470 | 198 346.4570 | 205 611.5260 |
| Net asset value per share in USD |  | 110.73 | 93.44 | 100.48 |
| Issue and redemption price per share in USD 1 |  | 110.73 | 93.44 | 100.48 |
| Class P-acc | LU1599187934 |  |  |  |
| Shares outstanding |  | 1 038 007.6140 | 1 456 136.2970 | 1 335 014.9300 |
| Net asset value per share in USD |  | 129.19 | 104.88 | 108.42 |
| Issue and redemption price per share in USD 1 |  | 129.19 | 104.88 | 108.42 |
| Class (CHF hedged) P-acc | LU1599188239 |  |  |  |
| Shares outstanding |  | 363 474.2580 | 440 693.3080 | 469 504.4440 |
| Net asset value per share in CHF |  | 116.52 | 96.08 | 102.19 |
| Issue and redemption price per share in CHF 1 |  | 116.52 | 96.08 | 102.19 |
| Class (EUR hedged) P-acc | LU1599188403 |  |  |  |
| Shares outstanding |  | 295 533.6770 | 411 392.3630 | 498 600.4010 |
| Net asset value per share in EUR |  | 118.49 | 97.45 | 103.10 |
| Issue and redemption price per share in EUR 1 |  | 118.49 | 97.45 | 103.10 |
| Class (GBP hedged) P-acc | LU1616912678 |  |  |  |
| Shares outstanding |  | 21 354.7090 | 24 783.9720 | 35 387.9960 |
| Net asset value per share in GBP |  | 122.08 | 99.77 | 105.04 |
| Issue and redemption price per share in GBP 1 |  | 122.08 | 99.77 | 105.04 |
| Class (SGD hedged) P-acc | LU1599188668 |  |  |  |
| Shares outstanding |  | 89 682.4880 | 133 829.7260 | 144 118.4140 |
| Net asset value per share in SGD |  | 126.36 | 102.92 | 107.07 |
| Issue and redemption price per share in SGD 1 |  | 126.36 | 102.92 | 107.07 |
| Class Q-4%-mdist | LU1898250995 |  |  |  |
| Shares outstanding |  | 25 180.7630 | 57 759.6350 | 68 881.1740 |
| Net asset value per share in USD |  | 113.83 | 95.22 | 101.51 |
| Issue and redemption price per share in USD 1 |  | 113.83 | 95.22 | 101.51 |
| Class Q-acc | LU1599188072 |  |  |  |
| Shares outstanding |  | 435 177.9180 | 625 012.9500 | 537 450.9870 |
| Net asset value per share in USD |  | 133.70 | 107.61 | 110.29 |
| Issue and redemption price per share in USD 1 |  | 133.70 | 107.61 | 110.29 |
| Class (CHF hedged) Q-acc | LU1599188312 |  |  |  |
| Shares outstanding |  | 230 105.8310 | 371 047.5400 | 445 784.0190 |
| Net asset value per share in CHF |  | 120.61 | 98.59 | 103.96 |
| Issue and redemption price per share in CHF 1 |  | 120.61 | 98.59 | 103.96 |
| Class (EUR hedged) Q-acc | LU1599188585 |  |  |  |
| Shares outstanding |  | 220 527.6740 | 479 671.8800 | 575 694.3890 |
| Net asset value per share in EUR |  | 122.64 | 99.99 | 104.89 |
| Issue and redemption price per share in EUR 1 |  | 122.64 | 99.99 | 104.89 |
| Class (GBP hedged) Q-acc | LU1616912751 |  |  |  |
| Shares outstanding |  | 20 259.6150 | 41 822.0230 | 17 037.0830 |
| Net asset value per share in GBP |  | 124.04 | 100.50 | 104.91 |
| Issue and redemption price per share in GBP 1 |  | 124.04 | 100.50 | 104.91 |
| Class (SEK hedged) Q-acc 3 | LU1599188825 |  |  |  |
| Shares outstanding | -	- | 33 381.1640 |
| Net asset value per share in SEK | -	- | 662.58 |
| Issue and redemption price per share in SEK 1 | -	- | 662.58 |
| 1  See note 1 2  For the period from 5.10.2018 to 25.2.2020 the share class K-X-acc was in circulation 3  For the period from 1.2.2018 to 23.4.2020 the share class (SEK hedged) Q-acc was in circulation |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
| Performance |  |
| --- | --- |
|  | Currency | 2020/2021 | 2019/2020 | 2018/2019 |
| Class K-1-acc | USD | 23.8% | -2.8% | 0.9% |
| Class (EUR hedged) K-1-acc | EUR | 22.3% | -5.0% | -1.9% |
| Class K-X-acc 1 | USD | - | - | - |
| Class P-4%-mdist | USD | 23.2% | -3.3% | 0.4% |
| Class P-acc | USD | 23.2% | -3.3% | 0.4% |
| Class (CHF hedged) P-acc | CHF | 21.3% | -6.0% | -2.9% |
| Class (EUR hedged) P-acc | EUR | 21.6% | -5.5% | -2.5% |
| Class (GBP hedged) P-acc | GBP | 22.4% | -5.0% | -1.3% |
| Class (SGD hedged) P-acc | SGD | 22.8% | -3.9% | -0.3% |
| Class Q-4%-mdist | USD | 24.3% | -2.4% | - |
| Class Q-acc | USD | 24.2% | -2.4% | 1.3% |
| Class (CHF hedged) Q-acc | CHF | 22.3% | -5.2% | -2.0% |
| Class (EUR hedged) Q-acc | EUR | 22.7% | -4.7% | -1.6% |
| Class (GBP hedged) Q-acc | GBP | 23.4% | -4.2% | -0.5% |
| Class (SEK hedged) Q-acc 2 1  Due to the recent launch, there is no data for the calculation of the performance available. | SEK | - | - | -1.6% |

2 
For the period from 1.2.2018 to 23.4.2020 the share class (SEK hedged) Q-acc was in circulation. Due to this fact, there is no data for the calculation of the performance available in 2021. Historical performance is no indicator of current or future performance.
The performance data does not take account of any commissions and costs charged when subscribing and redeeming shares. The performance data were not audited.
The subfund has no benchmark.
UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021

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

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| Ireland | 38.95 |
| --- | --- |
| Luxembourg | 15.08 |
| United States | 11.39 |
| Japan | 4.20 |
| Canada | 3.59 |
| Germany | 2.59 |
| United Kingdom | 2.35 |
| France | 2.24 |
| The Netherlands | 2.03 |
| Australia | 1.92 |
| Switzerland | 1.62 |
| South Korea | 1.05 |
| Sweden | 0.66 |
| Supranationals | 0.65 |
| Philippines | 0.58 |
| Singapore | 0.58 |
| Hong Kong | 0.54 |
| United Arab Emirates | 0.48 |
| Denmark | 0.48 |
| Qatar | 0.45 |
| Spain | 0.44 |
| Norway | 0.42 |
| Italy | 0.36 |
| Kuwait | 0.31 |
| Cayman Islands | 0.30 |
| Finland | 0.21 |
| Jersey | 0.16 |
| Belgium | 0.15 |
| New Zealand | 0.15 |
| Saudi Arabia | 0.15 |
| Israel | 0.09 |
| Austria | 0.08 |
| British Virgin Islands | 0.08 |
| Portugal | 0.03 |
| Isle of Man | 0.01 |
| Macau | 0.01 |
| China | 0.01 |
| Total | 94.39 |

Economic Breakdown as a % of net assets	
| Investment funds | 50.69 |
| --- | --- |
| Finance & holding companies | 7.01 |
| Banks & credit institutions | 6.13 |
| Countries & central governments | 4.90 |
| Supranational organisations | 3.49 |
| Pharmaceuticals, cosmetics & medical products | 1.94 |
| Internet, software & IT services | 1.83 |
| Cantons, federal states | 1.46 |
| Petroleum | 1.41 |
| Electronics & semiconductors | 1.22 |
| Computer hardware & network equipment providers | 1.15 |
| Food & soft drinks | 0.89 |
| Insurance | 0.87 |
| Traffic & transportation | 0.86 |
| Energy & water supply | 0.82 |
| Vehicles | 0.73 |
| Miscellaneous services | 0.72 |
| Retail trade, department stores | 0.70 |
| Chemicals | 0.69 |
| Telecommunications | 0.67 |
| Mechanical engineering & industrial equipment | 0.57 |
| Tobacco & alcohol | 0.56 |
| Real Estate | 0.53 |
| Building industry & materials | 0.47 |
| Textiles, garments & leather goods | 0.40 |
| Public, non-profit institutions | 0.37 |
| Electrical devices & components | 0.37 |
| Biotechnology | 0.37 |
| Mining, coal & steel | 0.34 |
| Miscellaneous consumer goods | 0.32 |
| Non-ferrous metals | 0.23 |
| Graphic design, publishing & media | 0.23 |
| Miscellaneous trading companies | 0.19 |
| Mortgage & funding institutions | 0.18 |
| Precious metals & stones | 0.17 |
| Lodging, catering & leisure | 0.17 |
| Aerospace industry | 0.17 |
| Various capital goods | 0.12 |
| Forestry, paper & pulp products | 0.09 |
| Watches & jewellery | 0.08 |
| Rubber & tyres | 0.07 |
| Agriculture & fishery | 0.06 |
| Healthcare & social services | 0.05 |
| Miscellaneous unclassified companies | 0.05 |
| Photographic & optics | 0.03 |
| Environmental services & recycling | 0.01 |
| Packaging industry | 0.01 |
| Total | 94.39 |

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

## Statement of Net Assets
Assets	31.5.2021
USD
Investments in securities, cost	331 363 546.68
| Investments in securities, unrealized appreciation (depreciation) | 	75 667 648.53	 |
| --- | --- |
| Total investments in securities (Note 1) | 407 031 195.21 |
| Cash at banks, deposits on demand and deposit accounts | 17 147 380.91 |
| Other liquid assets (Margins) | 3 889 933.42 |
| Receivable on securities sales (Note 1) | 49 507.11 |
| Receivable on subscriptions | 2 104 052.41 |
| Interest receivable on securities | 433 877.71 |
| Receivable on dividends | 236 278.96 |
| Other receivables | 165 932.67 |
| Unrealized gain on financial futures (Note 1) | 4 022 791.17 |
| Total Assets | 435 080 949.57 |
|  |  |
| Liabilities |  |
| Unrealized loss on forward foreign exchange contracts (Note 1) | -1 847 394.27 |
| Payable on securities purchases (Note 1) | -637 125.20 |
| Payable on redemptions | -574 202.28 |
| Provisions for flat fee (Note 2) | -750 395.48 |
| Provisions for taxe d’abonnement (Note 3) | -31 044.72 |
| Provisions for other commissions and fees (Note 2) | 	-14 920.98	 |
| Total provisions | -796 361.18 |
| Total Liabilities | -3 855 082.93 |
|  |  |
| Net assets at the end of the financial year | 431 225 866.64 |
| Statement of Operations | USD |
| Income | 1.6.2020-31.5.2021 |
| Interest on liquid assets | 15.42 |
| Interest on securities | 2 221 449.54 |
| Dividends | 2 653 510.91 |
| Income on securities lending (Note 15) | 129 482.52 |
| Other income (Note 4) | 258 449.46 |
| Total income | 5 262 907.85 |
|  |  |
| Expenses |  |
| Cost on securities lending (Note 15) | -51 793.01 |
| Flat fee (Note 2) | -6 330 797.03 |
| Taxe d’abonnement (Note 3) | -196 156.27 |
| Other commissions and fees (Note 2) | -100 326.27 |
| Interest on cash and bank overdraft | -48 964.92 |
| Total expenses | -6 728 037.50 |
|  |  |
| Net income (loss) on investments | -1 465 129.65 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | 30 106 990.88 |
| Realized gain (loss) on yield-evaluated securities and money market instruments | 3 675.43 |
| Realized gain (loss) on financial futures | -19 368 499.17 |
| Realized gain (loss) on forward foreign exchange contracts | 7 802 833.40 |
| Realized gain (loss) on foreign exchange | 4 199 371.95 |
| Total realized gain (loss) | 22 744 372.49 |
|  |  |
| Net realized gain (loss) of the financial year | 21 279 242.84 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 66 685 984.91 |
| Unrealized appreciation (depreciation) on yield-evaluated securities and money market instruments | 13 573.52 |
| Unrealized appreciation (depreciation) on financial futures | 29 612 751.05 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -4 129 002.03 |
| Total changes in unrealized appreciation (depreciation) | 92 183 307.45 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 113 462 550.29 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Net assets at the beginning of the financial year | 490 288 568.55 |
| Subscriptions | 42 654 131.82 |
| Redemptions | 	-214 423 064.40	 |
| Total net subscriptions (redemptions) | -171 768 932.58 |
| Dividend paid | -756 319.62 |
| Net income (loss) on investments | -1 465 129.65 |
| Total realized gain (loss) | 22 744 372.49 |
| Total changes in unrealized appreciation (depreciation) | 	92 183 307.45	 |
| Net increase (decrease) in net assets as a result of operations | 113 462 550.29 |
| Net assets at the end of the financial year | 431 225 866.64 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2020-31.5.2021 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 4.4000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.1000 |
| Number of shares outstanding at the end of the financial year | 4.3000 |
| Class | (EUR hedged) K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 7.7000 |
| Number of shares issued | 1.5000 |
| Number of shares redeemed | -3.5000 |
| Number of shares outstanding at the end of the financial year | 5.7000 |
| Class | P-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 198 346.4570 |
| Number of shares issued | 5 069.4170 |
| Number of shares redeemed | -82 031.6270 |
| Number of shares outstanding at the end of the financial year | 121 384.2470 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the financial year | 1 456 136.2970 |
| Number of shares issued | 92 133.5450 |
| Number of shares redeemed | -510 262.2280 |
| Number of shares outstanding at the end of the financial year | 1 038 007.6140 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 440 693.3080 |
| Number of shares issued | 36 695.1800 |
| Number of shares redeemed | -113 914.2300 |
| Number of shares outstanding at the end of the financial year | 363 474.2580 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 411 392.3630 |
| Number of shares issued | 25 919.3040 |
| Number of shares redeemed | -141 777.9900 |
| Number of shares outstanding at the end of the financial year | 295 533.6770 |
| Class | (GBP hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 24 783.9720 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -3 429.2630 |
| Number of shares outstanding at the end of the financial year | 21 354.7090 |
| Class | (SGD hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 133 829.7260 |
| Number of shares issued | 320.0000 |
| Number of shares redeemed | -44 467.2380 |
| Number of shares outstanding at the end of the financial year | 89 682.4880 |
| Class | Q-4%-mdist |
| Number of shares outstanding at the beginning of the financial year | 57 759.6350 |
| Number of shares issued | 18 334.6680 |
| Number of shares redeemed | -50 913.5400 |
| Number of shares outstanding at the end of the financial year | 25 180.7630 |
| Class | Q-acc |
| Number of shares outstanding at the beginning of the financial year | 625 012.9500 |
| Number of shares issued | 72 192.7290 |
| Number of shares redeemed | -262 027.7610 |
| Number of shares outstanding at the end of the financial year | 435 177.9180 |
| Class | (CHF hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 371 047.5400 |
| Number of shares issued | 18 038.2200 |
| Number of shares redeemed | -158 979.9290 |
| Number of shares outstanding at the end of the financial year | 230 105.8310 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
| Class | (EUR hedged) Q-acc |
| --- | --- |
| Number of shares outstanding at the beginning of the financial year | 479 671.8800 |
| Number of shares issued | 38 946.3900 |
| Number of shares redeemed | -298 090.5960 |
| Number of shares outstanding at the end of the financial year | 220 527.6740 |
| Class | (GBP hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year | 41 822.0230 |
| Number of shares issued | 1 993.8190 |
| Number of shares redeemed | -23 556.2270 |
| Number of shares outstanding at the end of the financial year | 20 259.6150 |

| Monthly Distribution 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| P-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.31 |
| P-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.31 |
| P-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.31 |
| P-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.32 |
| P-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.31 |
| P-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.31 |
| P-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.33 |
| P-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.34 |
| P-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.34 |
| P-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.34 |
| P-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.35 |
| P-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.36 |
| Q-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.31 |
| Q-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.31 |
| Q-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.32 |
| Q-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.33 |
| Q-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.32 |
| Q-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.31 |
| Q-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.34 |
| Q-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.35 |
| Q-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.35 |
| Q-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.35 |
| Q-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.36 |
| Q-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.37 |
| 1  See note 5 |  |  |  |  |

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

## Statement of Investments in Securities and other Net Assets as of 31 May 2021
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Bearer shares |  |  |  |
| Australia |  |  |  |
| AUD	AFTERPAY LTD NPV | 925.00 | 66 430.13 | 0.02 |
| AUD	AGL ENERGY NPV | 3 127.00 | 19 654.09 | 0.00 |
| AUD	APA GROUP NPV | 4 852.00 | 34 665.02 | 0.01 |
| AUD	ARISTOCRAT LEISURE NPV | 2 360.00 | 74 988.42 | 0.02 |
| AUD	ASX LTD NPV | 773.00 | 45 629.46 | 0.01 |
| AUD	AURIZON HOLDINGS NPV | 10 241.00 | 28 695.91 | 0.01 |
| AUD	AUSNET SERVICES NPV | 11 781.00 | 16 003.99 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 12 071.00 | 268 253.54 | 0.06 |
| AUD	BLUESCOPE STEEL NPV | 1 967.00 | 32 323.87 | 0.01 |
| AUD	BRAMBLES LTD NPV | 6 421.00 | 53 777.29 | 0.01 |
| AUD	CMNWLTH BK OF AUST NPV | 7 538.00 | 581 845.15 | 0.13 |
| AUD	COCHLEAR LTD NPV | 264.00 | 46 395.44 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 1 888.00 | 22 958.69 | 0.01 |
| AUD	CROWN RESORTS LTD NPV | 1 658.00 | 16 529.87 | 0.00 |
| AUD	CSL NPV | 1 935.00 | 434 672.69 | 0.10 |
| AUD	DEXUS NPV (STAPLED) | 4 388.00 | 35 425.82 | 0.01 |
| AUD	DOMINOS PIZZA ENT NPV | 240.00 | 20 490.65 | 0.00 |
| AUD	EVOLUTION MINING NPV | 8 053.00 | 33 722.83 | 0.01 |
| AUD	FLIGHT CENTRE TRAVEL GROUP LTD NPV | 1.00 | 11.79 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 7 112.00 | 123 478.13 | 0.03 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 6 724.00 | 101 127.56 | 0.02 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 10 037.00 | 35 738.04 | 0.01 |
| AUD	INSURANCE AUST GRP NPV | 10 088.00 | 39 199.25 | 0.01 |
| AUD	LEND LEASE GROUP NPV | 2 465.00 | 23 449.73 | 0.01 |
| AUD	MACQUARIE GP LTD NPV | 1 441.00 | 169 463.64 | 0.04 |
| AUD	MAGELLAN FINANCIAL NPV | 597.00 | 22 125.72 | 0.00 |
| AUD	MEDIBANK PRIVATE L NPV | 12 345.00 | 29 909.18 | 0.01 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 21 346.00 | 46 098.81 | 0.01 |
| AUD	NATL AUSTRALIA BK NPV | 13 957.00 | 291 152.06 | 0.07 |
| AUD	NEWCREST MINING NPV | 3 455.00 | 75 737.39 | 0.02 |
| AUD	NTHN STAR RES LTD NPV | 4 496.00 | 40 717.51 | 0.01 |
| AUD	ORICA LIMITED NPV | 1 996.00 | 20 950.25 | 0.00 |
| AUD	ORIGIN ENERGY NPV | 8 872.00 | 27 263.47 | 0.01 |
| AUD	QANTAS AIRWAYS NPV | 4 915.00 | 17 918.99 | 0.00 |
| AUD	QBE INS GROUP NPV | 6 072.00 | 51 465.35 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 705.00 | 34 652.28 | 0.01 |
| AUD	REA GROUP LIMITED NPV | 186.00 | 23 562.67 | 0.01 |
| AUD	REECE AUSTRALIA NPV | 1 160.00 | 18 388.95 | 0.00 |
| AUD	RIO TINTO LIMITED NPV | 1 568.00 | 150 172.39 | 0.03 |
| AUD	SANTOS LIMITED NPV | 8 636.00 | 45 255.39 | 0.01 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 22 336.00 | 47 026.57 | 0.01 |
| AUD	SEEK LIMITED NPV | 1 593.00 | 37 682.36 | 0.01 |
| AUD	SONIC HEALTHCARE NPV | 1 845.00 | 49 684.37 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 344.00 | 7 871.04 | 0.00 |
| AUD	SOUTH32 LTD NPV | 22 711.00 | 52 386.76 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 9 530.00 | 34 449.17 | 0.01 |
| AUD	SUNCORP GROUP LTD NPV | 5 260.00 | 45 275.11 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 6 551.00 | 29 765.61 | 0.01 |
| AUD	TABCORP HLDGS LTD NPV | 9 353.00 | 36 994.81 | 0.01 |
| AUD	TELSTRA CORP NPV | 22 631.00 | 61 661.69 | 0.01 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 11 312.00 | 121 534.02 | 0.03 |
| AUD	TREASURY WINE ESTA NPV | 3 507.00 | 31 597.87 | 0.01 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 19 897.00 | 24 025.99 | 0.01 |
| AUD	WESFARMERS LTD NPV | 4 791.00 | 205 412.35 | 0.05 |
| AUD	WESTPAC BKG CORP NPV | 15 351.00 | 313 934.11 | 0.07 |
| AUD	WISETECH GLOBAL LT NPV | 689.00 | 15 055.64 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 4 076.00 | 68 811.16 | 0.02 |
| AUD	WOOLWORTHS GRP LTD NPV | 5 329.00 | 171 678.86 | 0.04 |
| Total Australia |  | 4 575 148.90 | 1.06 |
| Austria |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 1 176.00 | 48 340.06 | 0.01 |
| EUR	OMV AG NPV(VAR) | 579.00 | 33 144.55 | 0.01 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 503.00 | 11 973.91 | 0.00 |
| EUR	VERBUND AG CLASS’A’NPV | 333.00 | 30 535.68 | 0.01 |
| EUR	VOESTALPINE AG NPV | 579.00 | 26 164.51 | 0.00 |
| Total Austria |  | 150 158.71 | 0.03 |
| Belgium |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 3 230.00 | 243 110.26 | 0.06 |
| EUR	COLRUYT SA NPV | 156.00 | 9 494.71 | 0.00 |
| EUR	ELIA SYS OPERATOR NPV | 159.00 | 17 029.56 | 0.01 |
| EUR	GPE BRUXELLES LAM NPV | 500.00 | 56 718.73 | 0.01 |
| EUR	PROXIMUS SA NPV | 437.00 | 8 872.03 | 0.00 |
| EUR	SOFINA NPV | 63.00 | 26 173.76 | 0.01 |
| EUR	SOLVAY SA NPV | 339.00 | 45 758.41 | 0.01 |
| EUR	UMICORE NPV | 800.00 | 47 996.34 | 0.01 |
| Total Belgium |  | 455 153.80 | 0.11 |
| Canada |  |  |  |
| CAD	AIR CANADA VAR VTG SHS NPV | 592.00 | 13 407.10 | 0.00 |
| CAD	ALGONQUIN PWR&UTIL COM NPV | 2 700.00 | 41 390.61 | 0.01 |
| CAD	ALTAGAS LTD COM NPV | 1 302.00 | 25 757.64 | 0.01 |
| CAD	ATCO LTD CL 1 NON VTG | 311.00 | 11 231.63 | 0.00 |
| CAD	B2GOLD CORP COM NPV | 5 100.00 | 26 088.90 | 0.01 |
| CAD	BALLARD POWER SYS COM NPV | 1 000.00 | 17 390.94 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| CAD | CAE INC COM NPV | 1 328.00 | 40 891.98 | 0.01 |
| CAD | CAMECO CORP COM | 1 469.00 | 28 879.02 | 0.01 |
| CAD | CANADIAN UTILS LTD CL A | 555.00 | 16 092.75 | 0.00 |
| CAD | CANOPY GROWTH CORP COM NPV | 1 082.00 | 27 092.54 | 0.01 |
| CAD | EMERA INC COM | 996.00 | 46 407.45 | 0.01 |
| CAD | EMPIRE LTD CL A | 831.00 | 27 837.57 | 0.01 |
| CAD | HYDRO ONE INC COM NPV | 1 308.00 | 33 227.81 | 0.01 |
| CAD | IGM FINANCIAL INC COM | 362.00 | 13 331.16 | 0.00 |
| CAD | IVANHOE MINES LTD COM NPV CL’A’ | 2 500.00 | 18 396.66 | 0.00 |
| CAD | KEYERA CORPORATION COM NPV | 1 035.00 | 25 889.99 | 0.00 |
| CAD | KINROSS GOLD CORP COM NPV | 5 974.00 | 48 114.41 | 0.01 |
| CAD | KIRKLAND LAKE GOLD COM NPV | 1 050.00 | 45 108.02 | 0.01 |
| CAD | LUNDIN MINING CORP COM | 2 587.00 | 27 473.89 | 0.01 |
| CAD | NORTHLAND POWER IN COM NPV | 808.00 | 27 147.36 | 0.01 |
| CAD | NUVEI CORPORATION SUB VOTING SHARES (CAD) | 200.00 | 15 026.90 | 0.00 |
| CAD | ONEX CORP SUB VTG | 273.00 | 19 827.02 | 0.00 |
| CAD | PAN AMER SILVER COM NPV | 896.00 | 30 215.25 | 0.01 |
| CAD | QUEBECOR INC CL B | 860.00 | 23 313.47 | 0.00 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 452.00 | 26 728.65 | 0.01 |
| CAD | TELUS CORPORATION NPV | 1 713.00 | 38 425.88 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 267.00 | 29 323.37 | 0.01 |
| CAD | TOROMONT INDS LTD COM | 400.00 | 35 609.63 | 0.01 |
| CAD | WEST FRASER TIMBER COM NPV | 365.00 | 28 224.73 | 0.01 |
| CAD | WSP GLOBAL INC COM NPV | 476.00 | 53 179.14 | 0.01 |
| CAD | YAMANA GOLD INC COM | 4 235.00 | 21 979.51 | 0.00 |
| Total Canada | 883 010.98 | 0.20 |
| Denmark |  |  |  |  |
| DKK | A.P. MOELLER-MAERSK SER’B’DKK1000 | 26.00 | 71 935.49 | 0.02 |
| DKK | A.P. MOLLER-MAERSK ‘A’DKK1000 | 14.00 | 37 054.39 | 0.01 |
| DKK | AMBU A/S SER’B’DKK0.5 | 792.00 | 29 555.40 | 0.01 |
| DKK | CHR. HANSEN HLDG DKK10 | 400.00 | 35 929.94 | 0.01 |
| DKK | DANSKE BANK A/S DKK10 | 2 822.00 | 52 422.92 | 0.01 |
| DKK | DSV PANALPINA A/S DKK1 | 885.00 | 214 231.99 | 0.05 |
| DKK | GENMAB AS DKK1 (BEARER) | 265.00 | 107 299.09 | 0.03 |
| DKK | GN STORE NORD DKK4 | 505.00 | 42 920.79 | 0.01 |
| DKK | NOVOZYMES A/S SER’B’DKK2 (POST CONS) | 867.00 | 63 254.60 | 0.01 |
| DKK | ORSTED A/S DKK10 | 780.00 | 118 328.11 | 0.03 |
| DKK | PANDORA A/S DKK1 | 411.00 | 55 647.28 | 0.01 |
| DKK | ROCKWOOL INTL SER’B’DKK10 | 34.00 | 16 919.09 | 0.00 |
| Total Denmark	845 499.09	0.20 |
| Finland |  |  |  |  |
| EUR | KESKO OYJ EUR2 SER’B’ | 1 155.00 | 39 921.78 | 0.01 |
| EUR | KONE CORPORATION NPV ORD ‘B’ | 1 529.00 | 123 644.22 | 0.03 |
| EUR | WARTSILA OYJ ABP SER’B’EUR3.50 | 1 691.00 | 22 845.89 | 0.00 |
| Total Finland	186 411.89	0.04 |
| France |  |  |  |  |
| EUR | ACCOR EUR3 | 860.00 | 34 551.60 | 0.01 |
| EUR | ADP EUR3 | 143.00 | 19 817.99 | 0.00 |
| EUR | AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 2 019.00 | 343 323.20 | 0.08 |
| EUR | AIRBUS EUR1 | 2 487.00 | 324 324.32 | 0.07 |
| EUR | ALSTOM EUR7.00 | 1 081.00 | 60 784.28 | 0.01 |
| EUR | AMUNDI EUR2.5 (AIW) | 296.00 | 26 310.45 | 0.01 |
| EUR | ARKEMA EUR10 | 327.00 | 43 079.16 | 0.01 |
| EUR | ATOS SE EUR1 | 352.00 | 23 601.64 | 0.01 |
| EUR | AXA EUR2.29 | 8 159.00 | 225 249.08 | 0.05 |
| EUR | BIOMERIEUX NPV (POST SPLIT) | 153.00 | 17 587.89 | 0.00 |
| EUR | BNP PARIBAS EUR2 | 4 782.00 | 326 538.88 | 0.08 |
| EUR | BOLLORE EUR0.16 | 4 344.00 | 22 689.41 | 0.00 |
| EUR | BOUYGUES EUR1 | 1 035.00 | 42 240.48 | 0.01 |
| EUR | BUREAU VERITAS EUR0.12 | 1 216.00 | 37 421.31 | 0.01 |
| EUR | CAPGEMINI EUR8 | 710.00 | 132 512.64 | 0.03 |
| EUR | CARREFOUR EUR2.50 | 2 540.00 | 51 924.48 | 0.01 |
| EUR | CIE DE ST-GOBAIN EUR4 | 2 120.00 | 142 094.43 | 0.03 |
| EUR | CNP ASSURANCES EUR1 | 836.00 | 15 158.27 | 0.00 |
| EUR | COVIVIO EUR3 | 252.00 | 23 767.44 | 0.01 |
| EUR | CREDIT AGRICOLE SA EUR3 | 5 004.00 | 74 653.55 | 0.02 |
| EUR | DANONE EUR0.25 | 2 617.00 | 186 541.06 | 0.04 |
| EUR | DASSAULT AVIATION EUR8 | 12.00 | 15 067.94 | 0.00 |
| EUR | DASSAULT SYSTEMES EUR0.50 | 544.00 | 125 209.14 | 0.03 |
| EUR | EDENRED EUR2 | 1 046.00 | 56 872.32 | 0.01 |
| EUR | EDF EUR0.5 | 2 442.00 | 34 111.75 | 0.01 |
| EUR | EIFFAGE EUR4 | 320.00 | 35 345.34 | 0.01 |
| EUR | ENGIE EUR1 | 7 609.00 | 113 033.20 | 0.03 |
| EUR | ESSILORLUXOTTICA EUR0.18 | 1 214.00 | 210 592.07 | 0.05 |
| EUR | EURAZEO NPV | 214.00 | 19 113.32 | 0.00 |
| EUR | FAURECIA EUR7 | 542.00 | 29 310.17 | 0.01 |
| EUR | GETLINK SE EUR0.40 | 1 723.00 | 27 586.27 | 0.01 |
| EUR | HERMES INTL NPV | 135.00 | 190 229.06 | 0.04 |
| EUR | ILIAD NPV | 75.00 | 12 461.86 | 0.00 |
| EUR | IPSEN EUR1 | 176.00 | 17 813.13 | 0.00 |
| EUR | KERING EUR4 | 322.00 | 294 600.70 | 0.07 |
| EUR | KLEPIERRE EUR1.40 | 905.00 | 26 157.62 | 0.01 |
| EUR | L’OREAL EUR0.20 | 1 072.00 | 482 723.74 | 0.11 |
| EUR | LEGRAND SA EUR4 | 1 121.00 | 117 377.38 | 0.03 |
| EUR | LVMH MOET HENNESSY EUR0.30 | 1 182.00 | 942 252.34 | 0.22 |
| EUR | NATIXIS EUR1.6 | 3 521.00 | 17 460.88 | 0.00 |
| EUR | ORANGE EUR4 | 8 215.00 | 104 558.77 | 0.02 |
| EUR | ORPEA EUR2.5 | 244.00 | 30 578.48 | 0.01 |
| EUR | PERNOD RICARD EUR1.55 | 890.00 | 196 031.75 | 0.04 |
| EUR | PUBLICIS GROUPE SA EUR0.40 | 1 032.00 | 70 028.50 | 0.02 |
| EUR | REMY COINTREAU EUR1.60 | 113.00 | 23 611.45 | 0.01 |
| EUR | RENAULT SA EUR3.81 | 735.00 | 30 405.75 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | SAFRAN EUR0.20 | 1 430.00 | 213 932.94 | 0.05 |
| EUR | SANOFI EUR2 | 4 824.00 | 512 954.59 | 0.12 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 118.00 | 51 130.24 | 0.01 |
| EUR | SCHNEIDER ELECTRIC EUR8 | 2 295.00 | 363 094.04 | 0.08 |
| EUR | SCOR SE EUR7.876972 (POST CONS) | 739.00 | 24 034.12 | 0.01 |
| EUR | SEB SA EUR1 | 130.00 | 24 207.25 | 0.01 |
| EUR | SOC GENERALE EUR1.25 | 3 569.00 | 114 349.14 | 0.03 |
| EUR | SODEXO EUR4 | 327.00 | 31 664.68 | 0.01 |
| EUR | SUEZ EUR4 | 1 281.00 | 31 261.64 | 0.01 |
| EUR | TELEPERFORMANCE EUR2.50 | 258.00 | 99 238.59 | 0.02 |
| EUR | THALES EUR3 | 427.00 | 43 780.92 | 0.01 |
| EUR | TOTAL SE EUR2.5 | 10 694.00 | 495 608.60 | 0.11 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 344.00 | 25 218.67 | 0.01 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 565.00 | 49 170.95 | 0.01 |
| EUR | VALEO EUR1 (POST SUBD) | 844.00 | 27 603.77 | 0.01 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 2 302.00 | 72 333.69 | 0.02 |
| EUR | VINCI EUR2.50 | 2 201.00 | 250 052.61 | 0.06 |
| EUR | VIVENDI SA EUR5.50 | 3 451.00 | 125 399.53 | 0.03 |
| EUR | WENDEL EUR4 | 130.00 | 18 151.46 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 1 043.80 | 99 901.09 | 0.02 |
| Total France | 8 069 793.01 | 1.87 |
| Germany |  |  |  |  |
| EUR | BAYERISCHE MOTOREN WERKE AG EUR1 | 1 389.00 | 147 239.22 | 0.03 |
| EUR | BECHTLE AG NPV | 129.00 | 24 856.96 | 0.01 |
| EUR | BEIERSDORF AG NPV | 408.00 | 48 307.78 | 0.01 |
| EUR | CARL ZEISS MEDITEC NPV | 152.00 | 28 192.35 | 0.01 |
| EUR | COMMERZBANK AG NPV | 4 823.00 | 38 907.35 | 0.01 |
| EUR | CONTINENTAL AG ORD NPV | 473.00 | 69 918.10 | 0.02 |
| EUR | COVESTRO AG NPV | 776.00 | 54 364.89 | 0.01 |
| EUR | DEUTSCHE WOHNEN AG NPV (BR) | 1 498.00 | 95 605.85 | 0.02 |
| EUR | FRESENIUS MED CARE NPV | 942.00 | 75 277.48 | 0.02 |
| EUR | FRESENIUS SE & CO. KGAA NPV | 1 828.00 | 98 664.26 | 0.02 |
| EUR | GEA GROUP AG NPV | 564.00 | 24 735.04 | 0.01 |
| EUR | HEIDELBERGCEMENT NPV | 619.00 | 56 504.21 | 0.01 |
| EUR | HELLOFRESH SE NPV | 689.00 | 62 978.26 | 0.01 |
| EUR | HENKEL AG & CO KGAA | 435.00 | 42 947.11 | 0.01 |
| EUR | KION GROUP AG NPV | 347.00 | 37 088.77 | 0.01 |
| EUR | KNORR BREMSE AG NPV | 299.00 | 37 178.71 | 0.01 |
| EUR | LANXESS AG NPV | 360.00 | 26 981.44 | 0.01 |
| EUR | MERCK KGAA NPV | 577.00 | 104 091.96 | 0.02 |
| EUR | NEMETSCHEK SE ORD NPV | 274.00 | 20 261.17 | 0.00 |
| EUR | PUMA SE NPV | 391.00 | 44 851.23 | 0.01 |
| EUR | RATIONAL AG NPV | 24.00 | 21 567.55 | 0.01 |
| EUR | RWE AG (NEU) NPV | 2 654.00 | 100 105.57 | 0.02 |
| EUR | SAP AG ORD NPV | 4 435.00 | 615 556.84 | 0.14 |
| EUR | SYMRISE AG NPV (BR) | 556.00 | 73 757.58 | 0.02 |
| EUR | TEAMVIEWER AG NPV | 726.00 | 28 733.03 | 0.01 |
| EUR | VOLKSWAGEN AG ORD NPV | 149.00 | 53 122.19 | 0.01 |
| EUR | ZALANDO SE NPV | 657.00 | 70 222.83 | 0.02 |
| Total Germany |  | 2 102 017.73 | 0.49 |
| Hong Kong |  |  |  |
| HKD	AIA GROUP LTD NPV | 51 600.00 | 659 518.38 | 0.15 |
| HKD	BANK OF EAST ASIA NPV | 5 400.00 | 10 867.77 | 0.00 |
| HKD	BOC HONG KONG HLDG HKD5 | 18 000.00 | 65 053.53 | 0.02 |
| HKD	CHOW TAI FOOK JEWE HKD1 | 4 000.00 | 7 679.13 | 0.00 |
| HKD	CK ASSET HOLDINGS HKD1 | 11 500.00 | 76 159.92 | 0.02 |
| HKD	CK HUTCHISON HLDGS HKD1.0 | 12 000.00 | 93 927.56 | 0.02 |
| HKD	CK INFRASTRUCTURE HKD1 | 3 000.00 | 18 688.88 | 0.00 |
| HKD	CLP HOLDINGS HKD5 | 7 000.00 | 71 115.66 | 0.02 |
| HKD	GALAXY ENTERTAINME HKD0.10 | 9 000.00 | 72 938.81 | 0.02 |
| HKD	HANG LUNG PROP HKD1 | 9 000.00 | 22 704.96 | 0.01 |
| HKD	HANG SENG BANK HKD5 | 3 400.00 | 70 617.04 | 0.02 |
| HKD	HENDERSON LAND DEV HKD2 | 6 000.00 | 28 680.76 | 0.01 |
| HKD	HKT TRUST AND HKT SHARE STAPLED UNIT | 12 000.00 | 16 265.32 | 0.00 |
| HKD	HONG KONG EXCHANGE HKD1 | 5 100.00 | 319 222.30 | 0.07 |
| USD	HONGKONG LAND HLD ORD USD0.10(SINGAPORE REG) | 4 900.00 | 23 814.00 | 0.01 |
| HKD	HONGKONG&CHINA GAS HKD0.25 | 47 000.00 | 81 751.77 | 0.02 |
| USD	JARDINE MATHESON COM USD0.25(BERMUDA REG) | 900.00 | 58 329.00 | 0.01 |
| HKD	MTR CORP HKD1 | 7 000.00 | 38 962.54 | 0.01 |
| HKD	POWER ASSETS HOLDINGS LTD HKD1 | 6 000.00 | 36 682.00 | 0.01 |
| HKD	SINO LAND CO HKD1 | 12 000.00 | 18 831.90 | 0.00 |
| HKD	SJM HOLDINGS LTD. HKD1.00 | 11 000.00 | 12 443.79 | 0.00 |
| HKD	SUN HUNG KAI PROP NPV | 5 500.00 | 84 470.39 | 0.02 |
| HKD	SWIRE PACIFIC ‘A’HKD0.60 | 2 000.00 | 15 023.26 | 0.00 |
| HKD	SWIRE PROPERTIES LTD HKD1 | 5 000.00 | 14 720.47 | 0.00 |
| HKD	TECHTRONIC INDUSTR HKD0.1 | 6 000.00 | 110 780.41 | 0.03 |
| HKD	THE LINK REAL ESTATE INVESTMENT TRUST | 9 100.00 | 86 646.57 | 0.02 |
| HKD	WH GROUP LTD USD0.0001 | 47 000.00 | 40 149.20 | 0.01 |
| HKD	WHARF REAL ESTATE HKD0.1 | 7 000.00 | 41 036.94 | 0.01 |
| HKD	XINYI GLASS HLDGS HKD0.1 | 8 000.00 | 31 953.41 | 0.01 |
| Total Hong Kong |  | 2 229 035.67 | 0.52 |
| Ireland |  |  |  |
| GBP	DCC ORD EUR0.25 | 384.00 | 32 685.86 | 0.01 |
| EUR	FLUTTER ENTERTAINM ORD EUR0.09 | 688.00 | 128 028.08 | 0.03 |
| EUR	KERRY GROUP ‘A’ORD EUR0.125(DUBLIN LIST | 661.00 | 89 383.78 | 0.02 |
| Total Ireland |  | 250 097.72 | 0.06 |
| Israel |  |  |  |
| ILS	AZRIELI GROUP ILS0.01 | 119.00 | 9 073.82 | 0.00 |
| ILS	BANK HAPOALIM B.M. ILS1 | 3 872.00 | 32 849.72 | 0.01 |
| ILS	BK LEUMI LE ISRAEL ILS1 | 5 589.00 | 43 700.35 | 0.01 |
| USD	CHECK POINT SFTWRE ORD ILS0.01 | 493.00 | 57 671.14 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | CYBER-ARK SOFTWARE COM ILS0.01 | 200.00 | 25 308.00 | 0.01 |
| ILS | ICL GROUP LTD ILS1 | 2 657.00 | 19 261.92 | 0.00 |
| ILS | ISRAEL DISCOUNT BK ILS0.10 SER’A’ | 4 129.00 | 20 514.72 | 0.01 |
| ILS | NICE SYSTEMS ILS1 | 255.00 | 55 733.42 | 0.01 |
| USD | WIX.COM LTD COM ILS0.01 | 300.00 | 77 958.00 | 0.02 |
| Total Israel |  | 342 071.09 | 0.08 |
| Italy |  |  |  |
| EUR	AMPLIFON EUR0.02 | 593.00 | 28 239.97 | 0.01 |
| EUR	ASSIC GENERALI SPA EUR1 | 4 893.00 | 100 594.51 | 0.02 |
| EUR	DIASORIN SPA EUR1 | 81.00 | 14 325.36 | 0.00 |
| EUR	FINECOBANK SPA EUR0.33 | 2 970.00 | 49 875.50 | 0.01 |
| EUR	INFRASTRUTTURE WIR NPV | 1 680.00 | 18 806.90 | 0.01 |
| EUR	POSTE ITALIANE SPA NPV | 2 343.00 | 33 129.90 | 0.01 |
| EUR	TELECOM ITALIA SPA DI RISP EUR0.55 | 28 924.00 | 16 571.54 | 0.00 |
| EUR	TELECOM ITALIA SPA EUR0.55 | 38 492.00 | 20 641.50 | 0.01 |
| Total Italy |  | 282 185.18 | 0.07 |
| Japan |  |  |  |
| JPY	ACOM CO NPV | 1 600.00 | 7 152.06 | 0.00 |
| JPY	ADVANTEST CORP NPV | 900.00 | 81 365.69 | 0.02 |
| JPY	AISIN CORPORATION NPV | 700.00 | 30 714.38 | 0.01 |
| JPY	ASAHI INTECC CO LT NPV | 700.00 | 17 328.03 | 0.00 |
| JPY	AZBIL CORP NPV | 600.00 | 24 050.46 | 0.01 |
| JPY	BANDAI NAMCO HLDGS NPV | 900.00 | 64 508.43 | 0.02 |
| JPY	CAPCOM CO LTD NPV | 800.00 | 26 326.61 | 0.01 |
| JPY	CENTRAL JAPAN RLWY NPV | 600.00 | 89 208.83 | 0.02 |
| JPY	CHIBA BANK NPV | 3 000.00 | 19 086.80 | 0.00 |
| JPY	CHUGAI PHARM CO NPV | 2 800.00 | 107 449.15 | 0.02 |
| JPY	CONCORDIA FINANCIA NPV | 4 700.00 | 17 228.39 | 0.00 |
| JPY	COSMOS PHARMACEUTI NPV | 100.00 | 13 922.03 | 0.00 |
| JPY	CYBER AGENT NPV | 1 600.00 | 32 147.72 | 0.01 |
| JPY	DAI-ICHI LIFE HOLD NPV | 4 500.00 | 91 855.20 | 0.02 |
| JPY	DAIFUKU CO LTD NPV | 400.00 | 33 639.56 | 0.01 |
| JPY	DAIICHI SANKYO COM NPV | 7 200.00 | 166 515.84 | 0.04 |
| JPY	DAIKIN INDUSTRIES NPV | 1 100.00 | 217 244.85 | 0.05 |
| JPY	DAITO TRUST CONST NPV | 300.00 | 31 591.94 | 0.01 |
| JPY	DAIWA HOUSE INDS NPV | 2 400.00 | 70 335.94 | 0.02 |
| JPY	DAIWA HOUSE REIT I REIT | 7.00 | 19 580.42 | 0.00 |
| JPY	DISCO CORPORATION NPV | 100.00 | 30 714.38 | 0.01 |
| JPY	EISAI CO NPV | 1 100.00 | 73 986.93 | 0.02 |
| JPY	FANUC CORP NPV | 800.00 | 192 330.55 | 0.04 |
| JPY	FAST RETAILING CO NPV | 300.00 | 244 535.86 | 0.06 |
| JPY	FUJI ELECTRIC CO L NPV | 600.00 | 28 136.57 | 0.01 |
| JPY	GLP J-REIT REIT | 15.00 | 25 627.31 | 0.01 |
| JPY	GMO PAYMENT GATEWA NPV | 200.00 | 24 023.04 | 0.01 |
| JPY	HANKYU HANSHIN HLD NPV | 1 100.00 | 34 389.14 | 0.01 |
| JPY	HARMONIC DRIVE SYS NPV | 200.00 | 10 786.60 | 0.00 |
| JPY	HIKARI TSUSHIN INC NPV | 100.00 | 19 909.50 | 0.00 |
| JPY	HIROSE ELECTRIC NPV | 110.00 | 15 676.22 | 0.00 |
| JPY	HISAMITSU PHARM CO NPV | 300.00 | 16 454.13 | 0.00 |
| JPY	HOSHIZAKI CORPORAT NPV | 200.00 | 17 788.75 | 0.00 |
| JPY	HULIC CO LTD NPV | 1 300.00 | 14 628.64 | 0.00 |
| JPY	IBIDEN CO LTD NPV | 500.00 | 23 218.61 | 0.01 |
| JPY	IDEMITSU KOSAN CO LTD | 892.00 | 21 077.93 | 0.00 |
| JPY	ISUZU MOTORS NPV | 1 900.00 | 25 062.39 | 0.01 |
| JPY	ITO EN LTD NPV | 300.00 | 16 618.68 | 0.00 |
| JPY	ITOCHU TECHNO-SOLU NPV | 400.00 | 12 614.84 | 0.00 |
| JPY	JAPAN EXCHANGE GP NPV | 2 100.00 | 48 567.12 | 0.01 |
| JPY	JAPAN POST INSURAN NPV | 900.00 | 17 276.84 | 0.00 |
| JPY	JAPAN REAL ESTATE INVESTMENT CORP | 6.00 | 36 199.09 | 0.01 |
| JPY	JSR CORP NPV | 1 000.00 | 29 480.32 | 0.01 |
| JPY	KAJIMA CORP NPV | 2 100.00 | 29 082.68 | 0.01 |
| JPY	KAKAKU.COM. INC NPV | 400.00 | 12 194.34 | 0.00 |
| JPY	KANSAI ELEC POWER NPV | 3 100.00 | 29 414.51 | 0.01 |
| JPY	KANSAI PAINT CO NPV | 600.00 | 16 207.32 | 0.00 |
| JPY	KAO CORP NPV | 2 000.00 | 122 400.48 | 0.03 |
| JPY	KEIO CORPORATION NPV | 500.00 | 31 080.03 | 0.01 |
| JPY	KEISEI ELEC RY CO NPV | 700.00 | 21 596.05 | 0.01 |
| JPY	KIKKOMAN CORP NPV | 700.00 | 45 495.68 | 0.01 |
| JPY	KINTETSU GROUP HOL NPV | 800.00 | 28 227.98 | 0.01 |
| JPY	KIRIN HOLDINGS CO LTD NPV | 3 500.00 | 70 755.06 | 0.02 |
| JPY	KOBAYASHI PHARMACE NPV | 200.00 | 17 770.46 | 0.00 |
| JPY	KOBE BUSSAN CO LTD NPV | 600.00 | 15 159.74 | 0.00 |
| JPY	KOEI TECMO HOLDING NPV | 260.00 | 12 335.12 | 0.00 |
| JPY	KOITO MFG CO LTD NPV | 500.00 | 32 496.91 | 0.01 |
| JPY	KOMATSU NPV | 3 800.00 | 111 261.03 | 0.03 |
| JPY	KOSE CORPORATION NPV | 100.00 | 15 695.42 | 0.00 |
| JPY	KURITA WATER INDS NPV | 500.00 | 22 990.08 | 0.01 |
| JPY	LASERTEC CORP NPV | 300.00 | 56 492.53 | 0.01 |
| JPY	LION CORP NPV | 1 100.00 | 19 276.02 | 0.00 |
| JPY	M3 INC NPV | 1 900.00 | 128 646.65 | 0.03 |
| JPY	MAKITA CORP NPV | 900.00 | 43 438.91 | 0.01 |
| JPY	MCDONALD’S HOLDING NPV | 200.00 | 9 058.91 | 0.00 |
| JPY	MEIJI HOLDINGS CO NPV | 500.00 | 31 080.03 | 0.01 |
| JPY	MINEBEA MITSUMI INC | 1 600.00 | 43 585.17 | 0.01 |
| JPY	MISUMI GROUP INC NPV | 1 300.00 | 41 830.07 | 0.01 |
| JPY	MITSUBISHI GAS CHM NPV | 600.00 | 14 002.47 | 0.00 |
| JPY	MITSUBISHI HC CAPI NPV | 2 000.00 | 11 152.25 | 0.00 |
| JPY	MITSUI CHEMICALS NPV | 800.00 | 26 838.52 | 0.01 |
| JPY	MITSUI FUDOSAN CO NPV | 3 700.00 | 86 230.17 | 0.02 |
| JPY	MIURA CO LTD NPV | 500.00 | 22 990.08 | 0.01 |
| JPY	MONOTARO CO.LTD NPV | 1 200.00 | 27 884.27 | 0.01 |
| JPY	NABTESCO CORP NPV | 500.00 | 22 944.38 | 0.01 |
| JPY	NH FOODS LTD NPV | 300.00 | 11 997.81 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | NIDEC CORPORATION NPV | 1 900.00 | 217 624.21 | 0.05 |
| JPY | NIHON M&A CENTER I NPV | 1 400.00 | 33 529.87 | 0.01 |
| JPY | NIPPON BUILDING FD REIT | 7.00 | 44 407.88 | 0.01 |
| JPY | NIPPON EXPRESS CO NPV | 300.00 | 24 050.46 | 0.01 |
| JPY | NIPPON PAINT HLDGS NPV | 3 000.00 | 43 438.91 | 0.01 |
| JPY | NIPPON SANSO HOLDI NPV | 700.00 | 13 821.47 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 200.00 | 14 333.38 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 3 400.00 | 63 869.46 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 600.00 | 31 098.31 | 0.01 |
| JPY | NISSHIN SEIFUN GRP NPV | 1 000.00 | 15 028.11 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 300.00 | 21 746.88 | 0.01 |
| JPY | NITORI HOLDINGS CO LTD | 300.00 | 52 008.78 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 700.00 | 54 326.07 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 400.00 | 10 263.72 | 0.00 |
| JPY | NSK LTD NPV | 800.00 | 7 598.15 | 0.00 |
| JPY | OBAYASHI CORP NPV | 2 700.00 | 22 756.07 | 0.01 |
| JPY | OBIC CO LTD NPV | 300.00 | 56 273.14 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 1 100.00 | 28 426.34 | 0.01 |
| JPY | OJI HOLDINGS CO NPV | 4 100.00 | 24 323.78 | 0.01 |
| JPY | OLYMPUS CORP NPV | 5 200.00 | 111 752.82 | 0.03 |
| JPY | ONO PHARMACEUTICAL NPV | 1 400.00 | 31 699.80 | 0.01 |
| JPY | ORACLE CORP JAPAN NPV | 100.00 | 9 113.76 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 800.00 | 119 274.19 | 0.03 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 1 600.00 | 31 533.43 | 0.01 |
| JPY | PEPTIDREAM INC NPV | 400.00 | 18 757.71 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 800.00 | 15 174.37 | 0.00 |
| JPY | PIGEON CORP NPV | 400.00 | 11 280.22 | 0.00 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 400.00 | 10 413.64 | 0.00 |
| JPY | RAKUTEN GROUP INC NPV | 3 400.00 | 39 005.44 | 0.01 |
| JPY | RECRUIT HLDGS CO L NPV | 5 800.00 | 294 519.86 | 0.07 |
| JPY | RINNAI CORP NPV | 100.00 | 9 744.50 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 1 000.00 | 19 004.52 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 900.00 | 22 731.39 | 0.01 |
| JPY | SCSK CORP | 200.00 | 11 609.31 | 0.00 |
| JPY | SECOM CO NPV | 900.00 | 70 505.96 | 0.02 |
| JPY | SEKISUI HOUSE NPV | 2 500.00 | 52 059.05 | 0.01 |
| JPY | SHARP CORP NPV | 1 000.00 | 18 264.09 | 0.00 |
| JPY | SHIMANO INC NPV | 300.00 | 68 010.42 | 0.02 |
| JPY | SHIMIZU CORP NPV | 2 800.00 | 22 959.00 | 0.01 |
| JPY | SHIN-ETSU CHEMICAL NPV | 1 500.00 | 258 535.58 | 0.06 |
| JPY | SHIONOGI & CO NPV | 1 200.00 | 60 957.08 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 1 700.00 | 123 216.78 | 0.03 |
| JPY | SHIZUOKA BANK NPV | 1 700.00 | 13 473.19 | 0.00 |
| JPY | SMC CORP NPV | 200.00 | 119 786.10 | 0.03 |
| JPY | SQUARE-ENIX HOLDIN NPV | 400.00 | 21 390.37 | 0.01 |
| JPY | STANLEY ELECTRIC NPV | 700.00 | 20 860.19 | 0.00 |
| JPY | SUMITOMO METAL MNG NPV | 900.00 | 40 378.45 | 0.01 |
| JPY | SUNTORY BEVERAGE & NPV | 700.00 | 25 819.28 | 0.01 |
| JPY | SUZUKI MOTOR CORP NPV | 1 600.00 | 69 370.63 | 0.02 |
| JPY | SYSMEX CORP NPV | 700.00 | 71 410.94 | 0.02 |
| JPY | T&D HOLDINGS INC NPV | 2 500.00 | 34 050.92 | 0.01 |
| JPY | TAISEI CORP NPV | 900.00 | 31 427.40 | 0.01 |
| JPY | TAISHO PHARM H NPV | 200.00 | 11 371.63 | 0.00 |
| JPY | TERUMO CORP NPV | 2 700.00 | 104 080.63 | 0.02 |
| JPY | THK CO LTD NPV | 400.00 | 13 017.05 | 0.00 |
| JPY | TIS INC. NPV | 1 100.00 | 28 305.68 | 0.01 |
| JPY | TOBU RAILWAY CO NPV | 900.00 | 22 928.84 | 0.01 |
| JPY | TOHO CO LTD NPV | 500.00 | 20 727.64 | 0.00 |
| JPY | TOHO GAS CO NPV | 300.00 | 16 454.13 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 2 400.00 | 19 525.57 | 0.00 |
| JPY | TOKYO CENTURY CORP NPV | 200.00 | 11 773.85 | 0.00 |
| JPY | TOKYO GAS CO NPV | 1 400.00 | 27 726.13 | 0.01 |
| JPY | TOKYU CORP NPV | 2 100.00 | 28 142.05 | 0.01 |
| JPY | TORAY INDS INC NPV | 5 200.00 | 33 777.78 | 0.01 |
| JPY | TOSOH CORP NPV | 1 100.00 | 19 235.80 | 0.00 |
| JPY | TOTO LTD NPV | 500.00 | 26 966.50 | 0.01 |
| JPY | TOYO SUISAN KAISHA NPV | 400.00 | 16 051.92 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 600.00 | 51 227.20 | 0.01 |
| JPY | TOYOTA TSUSHO CORP NPV | 1 000.00 | 44 837.52 | 0.01 |
| JPY | TSURUHA HOLDINGS I NPV | 200.00 | 24 315.55 | 0.01 |
| JPY | USS CO LTD NPV | 1 000.00 | 17 496.23 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 400.00 | 12 230.91 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 600.00 | 32 414.64 | 0.01 |
| JPY | YAMAHA CORP NPV | 700.00 | 42 040.31 | 0.01 |
| JPY | YAMATO HOLDINGS CO NPV | 1 400.00 | 38 520.96 | 0.01 |
| JPY | ZOZO INC NPV | 540.00 | 18 288.77 | 0.00 |
| Total Japan | 6 710 439.57 | 1.56 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 42 622.00 | 194 757.47 | 0.04 |
| Total Jersey |  | 194 757.47 | 0.04 |
| Luxembourg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 3 937.00 | 33 049.99 | 0.01 |
| Total Luxembourg |  | 33 049.99 | 0.01 |
| Macau |  |  |  |
| HKD	SANDS CHINA LTD USD0.01 REG’S’ | 10 000.00 | 44 515.74 | 0.01 |
| HKD	WYNN MACAU LTD HKD0.10 | 5 200.00 | 8 776.88 | 0.00 |
| Total Macau |  | 53 292.62 | 0.01 |
| The Netherlands |  |  |  |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 788.00 | 101 451.10 | 0.02 |
| EUR	ARGEN X NV EUR0.10 | 188.00 | 51 879.00 | 0.01 |
| EUR	ASM INTL NV EUR0.04 | 207.00 | 65 094.38 | 0.02 |
| EUR	EXOR NV EUR0.01 | 435.00 | 37 336.06 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| EUR | HEINEKEN HOLDING EUR1.6 | 510.00 | 51 443.00 | 0.01 |
| EUR | HEINEKEN NV EUR1.60 | 1 082.00 | 129 142.21 | 0.03 |
| EUR | ING GROEP N.V. EUR0.01 | 16 607.00 | 230 253.58 | 0.05 |
| EUR | JUST EAT TAKEAWAY EUR0.04 | 536.00 | 48 652.47 | 0.01 |
| EUR | KON KPN NV EUR0.04 | 15 489.00 | 51 472.46 | 0.01 |
| EUR | KONINKLIJKE AHOLD EUR0.01 | 4 615.00 | 133 304.77 | 0.03 |
| EUR | KONINKLIJKE PHILIPS NV EUR0.20 | 3 903.00 | 219 631.44 | 0.05 |
| EUR | QIAGEN NV EUR0.01 | 959.00 | 47 240.89 | 0.01 |
| EUR | RANDSTAD N.V. EUR0.10 | 475.00 | 37 017.56 | 0.01 |
| GBP | ROYAL DUTCH SHELL ‘B’SHS EUR0.07 (UK LIST) | 15 709.00 | 286 632.28 | 0.07 |
| EUR | STMICROELECTRONICS EUR1.04 | 2 831.00 | 106 124.14 | 0.03 |
| EUR | VOPAK(KON) EUR0.50 | 373.00 | 17 639.95 | 0.00 |
| EUR | WOLTERS KLUWER EUR0.12 | 1 093.00 | 104 823.80 | 0.03 |

Total The Netherlands	1 719 139.09	0.40
New Zealand
| NZD | AUCKLAND INTL NPV | 5 032.00 | 26 705.43 | 0.01 |
| --- | --- | --- | --- | --- |
| NZD | FISHER & PAYKEL HE NPV | 2 627.00 | 56 972.06 | 0.01 |
| NZD | MERCURY NZ LTD NPV | 1 827.00 | 8 718.52 | 0.00 |
| NZD | MERIDIAN ENERGY LT NPV | 5 143.00 | 19 581.66 | 0.01 |
| NZD | RYMAN HEALTHCARE G NPV | 1 857.00 | 17 723.36 | 0.00 |
| NZD | SPARK NEW ZEALAND NPV | 6 397.00 | 21 096.28 | 0.01 |
| NZD | THE A2 MILK CO LTD NPV | 3 167.00 | 13 510.68 | 0.00 |
| AUD | XERO LIMITED NPV | 586.00 | 60 169.15 | 0.01 |
| Total New Zealand	224 477.14	0.05 |
| Norway |  |  |  |  |
| NOK | GJENSIDIGE FORSIKR NOK2 | 693.00 | 15 552.26 | 0.00 |
| NOK | ORKLA ASA NOK1.25 | 3 082.00 | 32 149.05 | 0.01 |
| NOK | SCHIBSTED ASA SER’A’NOK0.50 | 295.00 | 14 467.65 | 0.00 |
| NOK | SCHIBSTED ASA SER’B’NOK0.5 | 385.00 | 16 123.33 | 0.01 |
| NOK | YARA INTERNATIONAL NOK1.7 | 782.00 | 41 857.69 | 0.01 |
| Total Norway |  | 120 149.98 | 0.03 |
| Papua New Guinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 7 530.00 | 21 216.09 | 0.00 |
| Total Papua New Guinea |  | 21 216.09 | 0.00 |
| Poland |  |  |  |
| EUR	INPOST S.A. EUR0.01 | 862.00 | 17 269.60 | 0.00 |
| Total Poland |  | 17 269.60 | 0.00 |
| Singapore |  |  |  |
| SGD	CAPITALAND SGD1 | 11 800.00 | 32 694.65 | 0.01 |
| SGD	CITY DEVELOPMENTS SGD0.50 | 2 700.00 | 15 677.35 | 0.00 |
| SGD	DBS GROUP HLDGS SGD1 | 7 700.00 | 175 049.02 | 0.04 |
| SGD	KEPPEL CORP NPV | 6 400.00 | 25 823.84 | 0.01 |
| SGD	MAPLETREE LOGISTICS TRUST-UNITS REIT | 8 300.00 | 12 503.88 | 0.00 |
| SGD	OVERSEA-CHINESE BK NPV | 15 200.00 | 142 224.91 | 0.03 |
| SGD	SINGAPORE AIRLINES NPV | 7 100.00 | 26 767.10 | 0.01 |
| SGD	SINGAPORE EXCHANGE SGD0.01 | 3 800.00 | 29 716.49 | 0.01 |
| SGD	SINGAPORE TECH ENG NPV | 7 500.00 | 21 972.82 | 0.01 |
| SGD	UOL GROUP LIMITED SGD1 | 1 900.00 | 10 629.47 | 0.00 |
| SGD	UTD O/S BANK SGD1 | 5 400.00 | 106 573.30 | 0.02 |
| SGD	VENTURE CORP LTD SGD0.25 | 1 400.00 | 20 158.22 | 0.00 |
| SGD	WILMAR INTERNATIONAL LTD | 9 100.00 | 32 860.44 | 0.01 |
| Total Singapore |  | 652 651.49 | 0.15 |
| Spain |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 1 034.00 | 32 237.61 | 0.01 |
| EUR	AENA SME S.A. EUR10 | 276.00 | 48 424.27 | 0.01 |
| EUR	AMADEUS IT GROUP EUR0.01 | 1 894.00 | 142 971.26 | 0.03 |
| EUR	CAIXABANK SA EUR1 | 16 920.00 | 58 048.39 | 0.01 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 2 060.00 | 123 615.78 | 0.03 |
| EUR	EDP RENOVAVEIS SA EUR5 | 1 087.00 | 25 636.81 | 0.01 |
| EUR	ENAGAS SA EUR1.50 | 1 203.00 | 28 277.06 | 0.01 |
| EUR	ENDESA SA EUR1.2 | 1 558.00 | 42 479.02 | 0.01 |
| EUR	FERROVIAL SA EUR0.2 | 2 074.00 | 60 934.70 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 1 202.00 | 33 551.55 | 0.01 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 25 231.00 | 339 181.27 | 0.08 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 4 692.00 | 181 795.19 | 0.04 |
| EUR	NATURGY ENERGY GRO EUR1 | 1 388.00 | 36 367.53 | 0.01 |
| EUR	RED ELECTRICA CORP EUR0.5 | 1 703.00 | 34 189.28 | 0.01 |
| EUR	REPSOL SA EUR1 | 6 641.00 | 88 698.71 | 0.02 |
| EUR	SIEMENS GAMESA REN EUR0.17 | 906.00 | 29 764.46 | 0.01 |
| EUR	TELEFONICA SA EUR1 | 20 812.00 | 102 292.08 | 0.02 |
| Total Spain |  | 1 408 464.97 | 0.33 |
| Sweden |  |  |  |
| SEK	ASSA ABLOY SER’B’NPV (POST SPLIT) | 4 175.00 | 128 338.38 | 0.03 |
| SEK	ESSITY AB SER’B’NPV | 2 641.00 | 91 216.13 | 0.02 |
| SEK	FASTIGHETS AB BALD SER’B’NPV | 467.00 | 29 690.84 | 0.01 |
| SEK	HUSQVARNA AB SER’B’NPV | 1 827.00 | 26 780.81 | 0.01 |
| SEK	ICA GRUPPEN AB | 472.00 | 22 842.38 | 0.00 |
| SEK	INDUSTRIVARDEN AB SER’C’NPV | 722.00 | 28 358.63 | 0.01 |
| SEK	INDUSTRIVARDEN AB SER’A’NPV | 438.00 | 17 811.15 | 0.00 |
| SEK	LATOUR INVESTMENT SER’B’NPV (POST SPLIT) | 671.00 | 22 956.84 | 0.01 |
| SEK	LUNDBERGFORETAGEN SER’B’NPV | 330.00 | 20 749.86 | 0.00 |
| SEK	LUNDIN ENERGY AB NPV | 890.00 | 30 599.72 | 0.01 |
| SEK	SECURITAS SER’B’NPV | 1 369.00 | 21 916.35 | 0.00 |
| SEK	SINCH AB NPV | 188.00 | 34 744.70 | 0.01 |
| SEK	SKANSKA AB SER’B’NPV | 1 533.00 | 43 112.27 | 0.01 |
| SEK	SVENSKA CELLULOSA SER’B’NPV | 2 379.00 | 39 505.60 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| SEK | SVENSKA HANDELSBKN SER’A’NPV (P/S) | 6 695.00 | 75 070.68 | 0.02 |
| SEK | TELIA COMPANY AB NPV | 10 388.00 | 45 361.84 | 0.01 |
| SEK | VOLVO AB SER’A’NPV (POST SPLIT) | 741.00 | 19 927.52 | 0.00 |
| Total Sweden |  | 698 983.70 | 0.16 |
| Switzerland |  |  |  |
| CHF	SWATCH GROUP CHF2.25(BR) | 138.00 | 49 992.11 | 0.01 |
| CHF	SWISS RE AG CHF0.10 | 1 254.00 | 120 471.01 | 0.03 |
| CHF	VIFOR PHARMA AG CHF0.01 | 214.00 | 31 230.89 | 0.01 |
| Total Switzerland |  | 201 694.01 | 0.05 |
| United Kingdom |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 4 117.00 | 72 744.28 | 0.02 |
| GBP	ASTRAZENECA ORD USD0.25 | 5 602.00 | 640 722.53 | 0.15 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 551.00 | 27 405.80 | 0.01 |
| GBP	AVIVA ORD GBP0.25 | 16 964.00 | 99 158.11 | 0.02 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 14 301.00 | 107 051.84 | 0.02 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 4 072.00 | 43 783.07 | 0.01 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 9 509.00 | 366 717.39 | 0.09 |
| GBP	BRITISH LAND CO PLC REIT | 3 221.00 | 23 351.12 | 0.01 |
| GBP	BT GROUP ORD GBP0.05 | 39 106.00 | 97 197.68 | 0.02 |
| GBP	BUNZL ORD GBP0.32142857 | 1 392.00 | 45 213.93 | 0.01 |
| USD	COCA-COLA EUROPACI COM EUR0.01 | 867.00 | 52 470.84 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 2 556.00 | 23 166.27 | 0.01 |
| GBP	HALMA ORD GBP0.10 | 1 602.00 | 59 299.41 | 0.01 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 580.00 | 20 150.05 | 0.00 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 6 136.00 | 47 449.44 | 0.01 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 2 024.00 | 27 194.50 | 0.01 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 742.00 | 32 127.78 | 0.01 |
| GBP	KINGFISHER ORD GBP0.157142857 | 8 627.00 | 44 184.60 | 0.01 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 2 636.00 | 26 349.42 | 0.01 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 301 071.00 | 213 515.44 | 0.05 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 20 173.00 | 49 523.31 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 15 042.00 | 200 821.64 | 0.05 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 2 106.00 | 56 550.60 | 0.01 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 3 047.00 | 275 817.85 | 0.06 |
| GBP	RELX PLC GBP0.1444 | 8 262.00 | 215 980.12 | 0.05 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 7 854.00 | 52 897.21 | 0.01 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 35 423.00 | 53 888.62 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 4 338.00 | 40 489.03 | 0.01 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 924.00 | 32 219.32 | 0.01 |
| GBP	SMITHS GROUP ORD GBP0.375 | 1 843.00 | 40 594.19 | 0.01 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 314.00 | 56 686.58 | 0.01 |
| GBP	SSE PLC ORD GBP0.50 | 4 579.00 | 100 369.53 | 0.02 |
| GBP	ST JAMES’S PLACE ORD GBP0.15 | 2 538.00 | 50 418.54 | 0.01 |
| GBP	UNITED UTILITIES G ORD GBP0.05 | 2 694.00 | 37 667.16 | 0.01 |
| GBP	WHITBREAD ORD GBP0.76797385 | 961.00 | 43 468.08 | 0.01 |
| GBP	WPP PLC ORD GBP0.10 | 5 298.00 | 73 352.98 | 0.02 |
| Total United Kingdom |  | 3 449 998.26 | 0.80 |
| Total Bearer shares |  | 35 876 167.75 | 8.32 |
| Participation certificates |  |  |  |
| Switzerland |  |  |  |
| CHF	LINDT & SPRUENGLI PTG CERT CHF10 | 9.00 | 85 811.98 | 0.02 |
| CHF	SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 202.00 | 59 677.99 | 0.01 |
| Total Switzerland |  | 145 489.97 | 0.03 |
| Total Participation certificates |  | 145 489.97 | 0.03 |
| Other shares |  |  |  |
| Switzerland |  |  |  |
| CHF	ROCHE HLDGS AG GENUSSCHEINE NPV | 3 140.00 | 1 091 764.05 | 0.25 |
| Total Switzerland |  | 1 091 764.05 | 0.25 |
| Total Other shares |  | 1 091 764.05 | 0.25 |
| Preference shares |  |  |  |
| Germany |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 207.00 | 18 741.21 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 327.00 | 16 544.00 | 0.00 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 798.00 | 91 537.80 | 0.02 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 654.00 | 73 964.21 | 0.02 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 128.00 | 63 382.18 | 0.02 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 788.00 | 220 051.57 | 0.05 |
| Total Germany |  | 484 220.97 | 0.11 |
| Total Preference shares |  | 484 220.97 | 0.11 |
| Registered shares |  |  |  |
| Australia |  |  |  |
| AUD	AMPOL LTD NPV | 800.00 | 17 679.30 | 0.00 |
| AUD	BHP GROUP LTD NPV | 12 512.00 | 463 423.12 | 0.11 |
| GBP	BHP GROUP PLC ORD USD0.50 | 9 040.00 | 272 813.14 | 0.06 |
| AUD	COLES GROUP LTD NPV | 5 621.00 | 72 094.99 | 0.02 |
| Total Australia |  | 826 010.55 | 0.19 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Belgium |  |  |  |  |
| EUR | AGEAS NPV | 737.00 | 48 208.48 | 0.01 |
| EUR | KBC GROUP NV NPV | 1 067.00 | 87 249.48 | 0.02 |
| EUR | UCB NPV | 525.00 | 49 117.52 | 0.01 |
| Total Belgium	184 575.48	0.04 |
| Canada |  |  |  |  |
| CAD | 1ST QUANTUM MINLS COM NPV | 2 453.00 | 60 304.69 | 0.01 |
| CAD | AGNICO EAGLE MINES LTD COM | 1 020.00 | 72 196.18 | 0.02 |
| CAD | ALIMENTATION COUCHE TARD INC SUB VTG SH | 3 588.00 | 129 400.84 | 0.03 |
| CAD | BANK NOVA SCOTIA HALIFAX COM | 5 165.00 | 347 197.79 | 0.08 |
| CAD | BANK OF MONTREAL COM NPV | 2 863.00 | 299 049.72 | 0.07 |
| CAD | BARRICK GOLD CORP COM NPV | 7 574.00 | 179 554.14 | 0.04 |
| CAD | BCE INC COM NEW | 574.00 | 28 422.05 | 0.01 |
| CAD | BLACKBERRY LTD NPV | 2 631.00 | 27 004.72 | 0.01 |
| CAD | BROOKFIELD ASSET M LTD VTG SHS NPV CL’A’ | 5 450.50 | 270 788.03 | 0.06 |
| CAD | CAN PACIFIC RYS COM NPV | 2 850.00 | 228 971.94 | 0.05 |
| CAD | CANADIAN NAT RES LTD COM | 5 004.00 | 175 456.87 | 0.04 |
| CAD | CANADIAN NATL RY CO COM | 3 001.00 | 334 106.86 | 0.08 |
| CAD | CANADIAN TIRE LTD CL A | 230.00 | 38 906.38 | 0.01 |
| CAD | CCL INDUSTRIES INC ‘B’NON-VTG COM NPV | 611.00 | 34 229.35 | 0.01 |
| CAD | CDN IMPERIAL BK OF COMMERCE COM | 1 902.00 | 221 530.02 | 0.05 |
| CAD | CENOVUS ENERGY INC COM NPV | 6 360.00 | 53 118.45 | 0.01 |
| CAD | CGI INC COM NPV SUB VOTING SHARES C | 1 002.00 | 89 011.37 | 0.02 |
| CAD | CONSTELLATION SOFT COM STK NPV | 94.00 | 133 576.33 | 0.03 |
| CAD | DOLLARAMA INC COM NPV | 1 239.00 | 53 842.81 | 0.01 |
| CAD | ENBRIDGE INC COM NPV | 8 613.00 | 327 238.39 | 0.07 |
| CAD | FAIRFAX FINL HLDGS SUB-VTG COM NPV | 116.00 | 54 139.09 | 0.01 |
| CAD | FIRSTSERVICE CORP COM NPV | 200.00 | 32 445.99 | 0.01 |
| CAD | FORTIS INC COM NPV | 1 986.00 | 90 118.80 | 0.02 |
| CAD | FRANCO NEVADA CORP COM NPV | 799.00 | 117 988.25 | 0.03 |
| CAD | GFL ENVIRON INC COM NPV SUB VTG SHS | 900.00 | 29 091.13 | 0.01 |
| CAD | GILDAN ACTIVEWEAR INC COM | 719.00 | 25 728.31 | 0.01 |
| CAD | GREAT WEST LIFECO INC COM | 1 026.00 | 31 771.10 | 0.01 |
| CAD | IA FINANCIAL CORP COM NPV | 383.00 | 21 944.59 | 0.00 |
| CAD | IMPERIAL OIL LTD COM NEW | 952.00 | 32 001.26 | 0.01 |
| CAD | INTACT FINL CORP COM NPV | 633.00 | 85 531.76 | 0.02 |
| CAD | INTER PIPELINE LTD COM NPV | 2 025.00 | 29 417.06 | 0.01 |
| CAD | LIGHTSPEED POS INC SUB VOTING SHARES | 400.00 | 29 047.26 | 0.01 |
| CAD | LOBLAW COS LTD COM | 668.00 | 40 789.97 | 0.01 |
| CAD | MAGNA INTL INC COM NPV | 1 261.00 | 124 356.87 | 0.03 |
| CAD | MANULIFE FINL CORP COM | 8 210.00 | 171 729.74 | 0.04 |
| CAD | METRO INC CL A SUB | 1 008.00 | 48 326.60 | 0.01 |
| CAD | NATL BK OF CANADA COM NPV | 1 483.00 | 116 629.28 | 0.03 |
| CAD | NUTRIEN LTD NPV | 2 395.00 | 147 415.11 | 0.03 |
| CAD | OPEN TEXT CO COM NPV | 1 148.00 | 54 021.85 | 0.01 |
| CAD | PARKLAND CORP. COM NPV | 700.00 | 23 101.56 | 0.00 |
| CAD | PEMBINA PIPELINE C COM NPV | 2 334.00 | 75 133.90 | 0.02 |
| CAD | POWER CORP CDA COM | 2 360.00 | 76 869.46 | 0.02 |
| CAD | RESTAURANT BRANDS COM NPV | 1 248.00 | 86 040.82 | 0.02 |
| CAD | ROGERS COMMS INC CLASS’B’COM CAD1.62478 | 1 550.00 | 79 289.79 | 0.02 |
| CAD | ROYAL BK OF CANADA COM NPV | 6 063.00 | 623 363.32 | 0.14 |
| CAD | SAPUTO INC COM | 966.00 | 32 983.61 | 0.01 |
| CAD | SHAW COMMUNICATIONS INC CL B CONV | 1 952.00 | 57 860.38 | 0.01 |
| CAD | SHOPIFY INC COM NPV CL A | 477.00 | 584 481.95 | 0.13 |
| CAD | SUN LIFE FINL INC COM | 2 565.00 | 137 326.55 | 0.03 |
| CAD | SUNCOR ENERGY INC COM NPV ‘NEW’ | 6 793.00 | 157 777.98 | 0.04 |
| CAD | TC ENERGY CORPORAT COM NPV | 3 994.00 | 201 402.60 | 0.05 |
| CAD | TECK RESOURCES LTD CLASS’B’SUB-VTG COM NPV | 1 954.00 | 47 487.33 | 0.01 |
| CAD | THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 731.00 | 70 661.52 | 0.02 |
| CAD | TORONTO-DOMINION COM NPV | 7 734.00 | 556 315.37 | 0.13 |
| CAD | WESTON GEORGE LTD COM | 288.00 | 28 068.14 | 0.01 |
| CAD | WHEATON PRECIOUS M COM NPV | 1 934.00 | 91 681.30 | 0.02 |
| Total Canada | 7 316 246.53 | 1.70 |
| Denmark |  |  |  |  |
| DKK | CARLSBERG SER’B’DKK20 | 449.00 | 82 375.16 | 0.02 |
| DKK | COLOPLAST DKK1 B | 514.00 | 81 169.24 | 0.02 |
| DKK | DEMANT A/S DKK0.20 | 491.00 | 26 927.33 | 0.01 |
| DKK | NOVO-NORDISK AS DKK0.2 SER’B’ | 7 350.00 | 581 552.54 | 0.13 |
| DKK | TRYG A/S DKK5 | 1 484.00 | 34 959.55 | 0.01 |
| DKK | VESTAS WIND SYSTEM DKK0.20 (POST SPLIT) | 4 379.00 | 170 467.82 | 0.04 |
| Total Denmark	977 451.64	0.23 |
| Finland |  |  |  |  |
| EUR | ELISA OYJ NPV | 587.00 | 34 635.99 | 0.01 |
| EUR | FORTUM OYJ EUR3.40 | 1 874.00 | 53 408.95 | 0.01 |
| EUR | NESTE OIL OYJ NPV | 1 756.00 | 115 721.87 | 0.03 |
| EUR | NOKIA OYJ NPV | 23 718.00 | 123 186.95 | 0.03 |
| SEK | NORDEA HOLDING ABP NPV | 13 874.00 | 148 742.02 | 0.03 |
| EUR | ORION CORP SER’B’NPV | 527.00 | 22 680.65 | 0.01 |
| EUR | SAMPO PLC SER’A’NPV | 2 116.00 | 98 569.55 | 0.02 |
| EUR | STORA ENSO OYJ NPV SER’R’ | 2 452.00 | 42 915.48 | 0.01 |
| EUR | UPM-KYMMENE CORP NPV | 2 408.00 | 91 739.44 | 0.02 |
| Total Finland	731 600.90	0.17 |
| France |  |  |  |  |
| EUR | GECINA EUR7.50 | 188.00 | 29 996.50 | 0.01 |
| EUR | LA FRANCAISE DES EUR0.40 (PROMESSES) | 423.00 | 24 074.77 | 0.00 |
| EUR | MICHELIN (CGDE) EUR2 | 762.00 | 117 202.74 | 0.03 |
| Total France | 171 274.01 | 0.04 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
| Germany |  |  |  |  |
| EUR | ADIDAS AG NPV (REGD) | 810.00 | 295 469.88 | 0.07 |
| EUR | ALLIANZ SE NPV(REGD)(VINKULIERT) | 1 746.00 | 459 931.22 | 0.11 |
| EUR | BASF SE NPV | 3 903.00 | 318 101.72 | 0.07 |
| EUR | BAYER AG NPV (REGD) | 4 176.00 | 262 845.88 | 0.06 |
| EUR | BRENNTAG AG | 669.00 | 63 096.88 | 0.01 |
| EUR | DAIMLER AG ORD NPV(REGD) | 3 635.00 | 338 524.83 | 0.08 |
| EUR | DELIVERY HERO SE NPV | 663.00 | 91 194.41 | 0.02 |
| EUR | DEUTSCHE BANK AG NPV(REGD) | 8 784.00 | 130 939.13 | 0.03 |
| EUR | DEUTSCHE BOERSE AG NPV(REGD) | 810.00 | 132 409.33 | 0.03 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 1 500.00 | 19 583.19 | 0.00 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 4 206.00 | 286 949.60 | 0.07 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 14 167.00 | 294 357.88 | 0.07 |
| EUR | E.ON SE NPV | 9 398.00 | 113 606.23 | 0.03 |
| EUR | EVONIK INDUSTRIES NPV | 938.00 | 33 545.24 | 0.01 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 292.00 | 51 088.67 | 0.01 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 5 547.00 | 225 604.55 | 0.05 |
| EUR | LEG IMMOBILIEN SE NPV | 283.00 | 41 486.59 | 0.01 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 223.00 | 57 529.35 | 0.01 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 590.00 | 170 349.99 | 0.04 |
| EUR | SCOUT24 AG NPV | 390.00 | 31 671.28 | 0.01 |
| EUR | SIEMENS AG NPV(REGD) | 3 253.00 | 527 546.48 | 0.12 |
| EUR | SIEMENS ENERGY AG NPV | 1 724.00 | 54 804.06 | 0.01 |
| EUR | SIEMENS HEALTHINEE NPV | 1 146.00 | 64 425.19 | 0.02 |
| EUR | TELEFONICA DEUTSCH NPV | 5 416.00 | 14 813.13 | 0.00 |
| EUR | UNIPER SE NPV | 807.00 | 29 235.29 | 0.01 |
| EUR | UNITED INTERNET AG NPV(REGD) | 509.00 | 21 246.31 | 0.01 |
| EUR | VONOVIA SE NPV | 2 376.00 | 148 562.54 | 0.03 |
| Total Germany |  | 4 278 918.85 | 0.99 |
| Hong Kong |  |  |  |
| HKD	BUDWEISER BREWING USD0.00001 | 7 900.00 | 26 820.89 | 0.01 |
| HKD	ESR CAYMAN LIMITED USD0.001 | 7 600.00 | 24 039.79 | 0.01 |
| HKD	NEW WORLD DEVEL CO NPV POST CON | 7 000.00 | 37 744.97 | 0.01 |
| Total Hong Kong |  | 88 605.65 | 0.03 |
| Ireland |  |  |  |
| EUR	CRH ORD EUR0.32 | 3 355.00 | 174 621.75 | 0.04 |
| GBP	EXPERIAN ORD USD0.10 | 3 840.00 | 147 544.88 | 0.03 |
| EUR	KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 697.00 | 65 499.10 | 0.02 |
| EUR	SMURFIT KAPPA GRP ORD EUR0.001 | 1 055.00 | 56 071.77 | 0.01 |
| Total Ireland |  | 443 737.50 | 0.10 |
| Isle of Man |  |  |  |
| GBP	ENTAIN PLC ORD EUR0.01 | 2 410.00 | 56 508.82 | 0.01 |
| Total Isle of Man |  | 56 508.82 | 0.01 |
| Israel |  |  |  |
| ILS	MIZRAHI TEFAHOT BK ILS0.01 | 449.00 | 13 379.47 | 0.00 |
| Total Israel |  | 13 379.47 | 0.00 |
| Italy |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 1 963.00 | 38 629.00 | 0.01 |
| EUR	DAVIDE CAMPARI MIL EUR0.01 | 2 156.00 | 27 902.41 | 0.01 |
| EUR	ENEL EUR1 | 34 701.00 | 341 793.35 | 0.08 |
| EUR	ENI SPA EUR1 | 10 544.00 | 129 638.14 | 0.03 |
| EUR	FERRARI NV EUR0.01(NEW) | 523.00 | 110 592.18 | 0.02 |
| EUR	INTESA SANPAOLO NPV | 70 718.00 | 208 938.72 | 0.05 |
| EUR	MEDIOBANCA SPA EUR0.5 | 2 868.00 | 34 224.03 | 0.01 |
| EUR	MONCLER SPA NPV | 824.00 | 58 553.78 | 0.01 |
| EUR	NEXI SPA NPV | 1 678.00 | 33 933.57 | 0.01 |
| EUR	PRYSMIAN SPA EUR0.10 | 928.00 | 32 030.30 | 0.01 |
| EUR	RECORDATI EUR0.125 | 498.00 | 27 697.94 | 0.00 |
| EUR	SNAM EUR1 | 8 173.00 | 48 035.00 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 5 594.00 | 42 733.23 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 9 320.00 | 119 648.53 | 0.03 |
| Total Italy |  | 1 254 350.18 | 0.29 |
| Japan |  |  |  |
| JPY	ABC-MART INC NPV | 100.00 | 5 713.24 | 0.00 |
| JPY	AEON CO LTD NPV | 2 800.00 | 75 045.48 | 0.02 |
| JPY	AGC INC NPV | 900.00 | 39 325.38 | 0.01 |
| JPY	AJINOMOTO CO INC NPV | 1 800.00 | 41 398.60 | 0.01 |
| JPY	ANA HOLDINGS INC NPV | 600.00 | 14 561.91 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 2 000.00 | 95 415.70 | 0.02 |
| JPY	ASAHI KASEI CORP NPV | 5 200.00 | 57 278.67 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 7 800.00 | 128 163.99 | 0.03 |
| JPY	BRIDGESTONE CORP NPV | 2 200.00 | 96 651.58 | 0.02 |
| JPY	BROTHER INDUSTRIES NPV | 1 100.00 | 22 996.48 | 0.01 |
| JPY	CANON INC NPV | 4 400.00 | 102 966.31 | 0.02 |
| JPY	CASIO COMPUTER CO NPV | 800.00 | 13 931.17 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 3 000.00 | 35 952.28 | 0.01 |
| JPY	DAI NIPPON PRINTNG NPV | 1 200.00 | 25 876.87 | 0.01 |
| JPY	DAIWA SECS GROUP NPV | 6 600.00 | 37 996.98 | 0.01 |
| JPY	DENSO CORP NPV | 1 900.00 | 130 314.00 | 0.03 |
| JPY	DENTSU GROUP INC NPV | 900.00 | 30 933.77 | 0.01 |
| JPY	EAST JAPAN RAILWAY NPV | 1 300.00 | 90 909.09 | 0.02 |
| JPY	ENEOS HOLDINGS INC NPV | 13 000.00 | 53 773.02 | 0.01 |
| JPY	FUJI FILM HLD CORP NPV | 1 600.00 | 111 537.09 | 0.03 |
| JPY	FUJITSU NPV | 800.00 | 130 060.79 | 0.03 |
| JPY	HAKUHODO DY HLDGS NPV | 900.00 | 14 915.67 | 0.00 |
| JPY	HAMAMATSU PHOTONIC NPV | 700.00 | 42 616.21 | 0.01 |
| JPY	HINO MOTORS NPV | 1 100.00 | 10 236.30 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | HITACHI CONST MACH NPV | 600.00 | 19 909.50 | 0.00 |
| JPY | HITACHI METALS NPV | 1 000.00 | 19 388.45 | 0.00 |
| JPY | HITACHI NPV | 4 100.00 | 214 978.75 | 0.05 |
| JPY | HONDA MOTOR CO NPV | 6 900.00 | 211 487.73 | 0.05 |
| JPY | HOYA CORP NPV | 1 600.00 | 209 881.62 | 0.05 |
| JPY | IIDA GROUP HOLDING NPV | 600.00 | 15 993.42 | 0.00 |
| JPY | INPEX CORPORATION NPV | 4 200.00 | 28 909.91 | 0.01 |
| JPY | ITOCHU CORP NPV | 5 300.00 | 157 408.47 | 0.04 |
| JPY | JAPAN AIRLINES CO NPV | 200.00 | 4 568.76 | 0.00 |
| JPY | JAPAN METRO FUND REIT | 26.00 | 26 333.93 | 0.01 |
| JPY | JAPAN POST BANK CO NPV | 1 400.00 | 11 914.62 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 6 700.00 | 55 782.81 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 4 900.00 | 96 862.29 | 0.02 |
| JPY | JFE HOLDINGS INC NPV | 2 000.00 | 26 655.70 | 0.01 |
| JPY | KDDI CORP NPV | 6 900.00 | 234 446.73 | 0.05 |
| JPY | KEYENCE CORP NPV | 800.00 | 393 948.53 | 0.09 |
| JPY | KONAMI HOLDINGS CORP NPV | 400.00 | 25 668.45 | 0.01 |
| JPY | KUBOTA CORP NPV | 4 500.00 | 102 344.71 | 0.02 |
| JPY | KYOCERA CORP NPV | 1 400.00 | 86 025.87 | 0.02 |
| JPY | KYOWA KIRIN CO LTD NPV | 1 300.00 | 39 334.52 | 0.01 |
| JPY | LAWSON INC NPV | 200.00 | 9 013.21 | 0.00 |
| JPY | LIXIL CORPORATION COM NPV | 1 200.00 | 31 559.03 | 0.01 |
| JPY | MARUBENI CORP NPV | 6 800.00 | 60 127.43 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 1 900.00 | 16 239.32 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 700.00 | 13 399.15 | 0.00 |
| JPY | MERCARI INC NPV | 300.00 | 14 232.83 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 5 800.00 | 46 423.33 | 0.01 |
| JPY | MITSUBISHI CORP NPV | 5 600.00 | 152 752.87 | 0.04 |
| JPY | MITSUBISHI ELEC CP NPV | 7 500.00 | 116 001.65 | 0.03 |
| JPY | MITSUBISHI ESTATE NPV | 5 100.00 | 82 680.65 | 0.02 |
| JPY | MITSUBISHI HVY IND NPV | 1 200.00 | 36 363.64 | 0.01 |
| JPY | MITSUBISHI UFJ FIN NPV | 51 800.00 | 293 578.32 | 0.07 |
| JPY | MITSUI & CO NPV | 6 900.00 | 152 261.07 | 0.04 |
| JPY | MIZUHO FINL GP NPV | 10 640.00 | 162 719.69 | 0.04 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 1 800.00 | 55 006.17 | 0.01 |
| JPY | MURATA MFG CO NPV | 2 400.00 | 181 631.70 | 0.04 |
| JPY | NEC CORP NPV | 1 100.00 | 51 382.60 | 0.01 |
| JPY | NEXON CO LTD NPV | 2 100.00 | 49 603.73 | 0.01 |
| JPY | NGK INSULATORS NPV | 1 000.00 | 17 532.79 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 500.00 | 309 429.13 | 0.07 |
| JPY | NIPPON PROLOGIS RE REIT | 10.00 | 31 034.33 | 0.01 |
| JPY | NIPPON TEL&TEL CP NPV | 5 400.00 | 144 705.88 | 0.03 |
| JPY | NIPPON YUSEN KK NPV | 600.00 | 24 763.47 | 0.01 |
| JPY | NISSAN MOTOR CO NPV | 9 700.00 | 47 801.73 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 13 200.00 | 72 518.85 | 0.02 |
| JPY | NOMURA REAL EST MA REIT | 20.00 | 31 701.63 | 0.01 |
| JPY | NOMURA RESEARCH IN NPV | 1 500.00 | 47 854.11 | 0.01 |
| JPY | NTT DATA CORP NPV | 2 500.00 | 40 678.28 | 0.01 |
| JPY | OMRON CORP NPV | 800.00 | 63 037.62 | 0.01 |
| JPY | ORIX CORP NPV | 5 700.00 | 100 640.34 | 0.02 |
| JPY | ORIX JREIT INC REIT | 13.00 | 24 183.01 | 0.01 |
| JPY | OSAKA GAS CO NPV | 1 800.00 | 33 928.42 | 0.01 |
| JPY | OTSUKA CORP NPV | 500.00 | 26 783.67 | 0.01 |
| JPY | OTSUKA HLDGS CO NPV | 1 600.00 | 66 050.55 | 0.02 |
| JPY | PANASONIC CORP NPV | 9 800.00 | 111 710.77 | 0.03 |
| JPY | RENESAS ELECTRONIC NPV | 3 900.00 | 39 714.79 | 0.01 |
| JPY | RESONA HOLDINGS NPV | 8 600.00 | 36 728.55 | 0.01 |
| JPY | RICOH CO NPV | 2 800.00 | 33 222.72 | 0.01 |
| JPY | ROHM CO LTD NPV | 400.00 | 37 917.64 | 0.01 |
| JPY | SANTEN PHARM CO NPV | 1 600.00 | 21 397.69 | 0.01 |
| JPY | SEIKO EPSON CORP NPV | 1 300.00 | 22 994.65 | 0.01 |
| JPY | SEKISUI CHEMICAL NPV | 1 400.00 | 23 867.64 | 0.01 |
| JPY | SEVEN & I HOLDINGS NPV | 3 100.00 | 134 207.23 | 0.03 |
| JPY | SG HOLDINGS CO LTD NPV | 1 500.00 | 33 539.01 | 0.01 |
| JPY | SHIMADZU CORP NPV | 900.00 | 31 550.80 | 0.01 |
| JPY | SOFTBANK CORP NPV | 12 800.00 | 164 570.59 | 0.04 |
| JPY | SOFTBANK GROUP CO NPV | 5 400.00 | 407 535.99 | 0.09 |
| JPY | SOHGO SECURITY SER NPV | 200.00 | 9 159.47 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 1 400.00 | 56 360.89 | 0.01 |
| JPY | SONY GROUP CORPORA NPV | 5 400.00 | 532 373.51 | 0.12 |
| JPY | SUBARU CORPORATION NPV | 2 500.00 | 48 688.24 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 1 100.00 | 25 550.53 | 0.01 |
| JPY | SUMITOMO CHEM CO NPV | 6 600.00 | 36 199.09 | 0.01 |
| JPY | SUMITOMO CORP NPV | 5 000.00 | 69 838.66 | 0.02 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 700.00 | 13 347.96 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 3 000.00 | 45 975.59 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 5 500.00 | 198 642.53 | 0.05 |
| JPY | SUMITOMO MITSUI TR NPV | 1 400.00 | 48 259.98 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 1 400.00 | 46 570.68 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 6 709.00 | 228 079.63 | 0.05 |
| JPY | TDK CORP NPV | 500.00 | 63 714.06 | 0.01 |
| JPY | TOKIO MARINE HLDG NPV | 2 600.00 | 123 089.72 | 0.03 |
| JPY | TOKYO ELEC POWER H NPV | 8 300.00 | 25 720.55 | 0.01 |
| JPY | TOKYO ELECTRON NPV | 600.00 | 266 886.05 | 0.06 |
| JPY | TOPPAN PRINTING CO NPV | 1 200.00 | 21 039.35 | 0.00 |
| JPY | TOSHIBA CORP NPV | 1 700.00 | 71 406.37 | 0.02 |
| JPY | TOYOTA MOTOR CORP NPV | 9 000.00 | 749 897.16 | 0.17 |
| JPY | TREND MICRO INC NPV | 500.00 | 25 366.79 | 0.01 |
| JPY | UNICHARM CORP NPV | 1 800.00 | 71 131.22 | 0.02 |
| JPY | UNITED URBAN INVESTMENT CORP | 14.00 | 20 092.33 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 700.00 | 39 864.71 | 0.01 |
| JPY | YAMADA HOLDINGS CO NPV | 3 800.00 | 18 479.82 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 1 300.00 | 37 967.91 | 0.01 |
| JPY | YASKAWA ELEC CORP NPV | 1 000.00 | 48 539.70 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| JPY | YOKOGAWA ELECTRIC NPV | 1 000.00 | 15 841.67 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 11 000.00 | 51 744.60 | 0.01 |
| Total Japan |  | 10 106 822.39 | 2.34 |
| Luxembourg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 3 099.00 | 101 904.96 | 0.02 |
| EUR	EUROFINS SCIENTIFI EUR0.01 | 556.00 | 60 005.36 | 0.01 |
| EUR	TENARIS S.A. USD1 | 2 157.00 | 24 605.60 | 0.01 |
| Total Luxembourg |  | 186 515.92 | 0.04 |
| The Netherlands |  |  |  |
| EUR	ADYEN NV EUR0.01 | 83.00 | 191 837.70 | 0.05 |
| EUR	AEGON NV EUR0.12 | 8 344.00 | 39 338.10 | 0.01 |
| EUR	ASML HOLDING NV EUR0.09 | 1 803.00 | 1 206 268.45 | 0.28 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 4 476.00 | 77 300.21 | 0.02 |
| EUR	JDE PEETS N.V. EUR0.01 | 367.00 | 14 475.47 | 0.00 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 723.00 | 133 215.18 | 0.03 |
| EUR	NN GROUP N.V. EUR0.12 | 1 225.00 | 62 201.40 | 0.01 |
| EUR	PROSUS N.V. EUR0.05 | 2 074.00 | 215 312.75 | 0.05 |
| GBP	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 17 389.00 | 332 611.64 | 0.08 |
| Total The Netherlands |  | 2 272 560.90 | 0.53 |
| Norway |  |  |  |
| NOK	ADEVINTA ASA SER’B’NOK0.2 | 1 050.00 | 20 351.89 | 0.01 |
| NOK	DNB ASA NOK10 | 3 932.00 | 87 201.85 | 0.02 |
| NOK	EQUINOR ASA NOK2.50 | 4 012.00 | 86 641.94 | 0.02 |
| NOK	MOWI ASA NOK7.50 | 2 013.00 | 52 579.85 | 0.01 |
| NOK	NORSK HYDRO ASA NOK3.6666 | 5 955.00 | 39 183.42 | 0.01 |
| NOK	TELENOR ASA ORD NOK6 | 3 071.00 | 53 304.37 | 0.01 |
| Total Norway |  | 339 263.32 | 0.08 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 12 113.00 | 69 680.87 | 0.02 |
| EUR	GALP ENERGIA EUR1-B | 1 803.00 | 22 441.18 | 0.00 |
| EUR	JERONIMO MARTINS EUR5 | 1 185.00 | 22 935.14 | 0.01 |
| Total Portugal |  | 115 057.19 | 0.03 |
| Singapore |  |  |  |
| SGD	GENTING SINGAPORE LTD | 21 800.00 | 13 945.27 | 0.00 |
| SGD	SINGAPORE TELECOMM NPV | 37 600.00 | 68 599.11 | 0.02 |
| Total Singapore |  | 82 544.38 | 0.02 |
| Spain |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 74 196.00 | 310 610.69 | 0.07 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 28 338.00 | 177 949.33 | 0.04 |
| Total Spain |  | 488 560.02 | 0.11 |
| Sweden |  |  |  |
| SEK	ALFA LAVAL AB NPV | 1 262.00 | 47 620.63 | 0.01 |
| SEK	ATLAS COPCO AB SER’A’NPV (POST SPLIT) | 2 868.00 | 173 902.03 | 0.04 |
| SEK	ATLAS COPCO AB SER’B’NPV (POST SPLIT) | 1 696.00 | 87 497.74 | 0.02 |
| SEK	BOLIDEN AB NPV (POST SPLIT) | 1 141.00 | 45 751.73 | 0.01 |
| SEK	ELECTROLUX AB SER’B’NPV (POST SPLIT) | 1 002.00 | 28 408.65 | 0.01 |
| SEK	EMBRACER GROUP AB SER’B’NPV (POST SPLIT) | 1 027.00 | 30 628.43 | 0.01 |
| SEK	EPIROC AB SER’A’NPV (POST SPLIT) | 2 764.00 | 62 565.16 | 0.01 |
| SEK	EPIROC AB SER’B’NPV | 1 789.00 | 35 673.42 | 0.01 |
| SEK	EQT AB NPV | 1 110.00 | 40 171.61 | 0.01 |
| SEK	ERICSSON SER’B’ NPV | 12 470.00 | 165 360.36 | 0.04 |
| SEK	EVOLUTION AB NPV | 722.00 | 138 214.56 | 0.03 |
| SEK	HENNES & MAURITZ SER’B’NPV | 3 531.00 | 90 210.36 | 0.02 |
| SEK	HEXAGON AB SER’B’NPV (POST SPLIT) | 8 162.00 | 116 344.08 | 0.03 |
| SEK	INVESTOR AB SER’B’NPV (POST SPLIT) | 7 736.00 | 178 748.41 | 0.04 |
| SEK	KINNEVIK AB SER’B’NPV(RED SHS 10/06/21) | 966.00 | 18 406.21 | 0.00 |
| SEK	KINNEVIK AB SER’B’NPV (POST SPLIT) | 966.00 | 36 893.97 | 0.01 |
| SEK	NIBE INDUSTRIER AB SER’B’NPV (POST SPLIT) | 5 628.00 | 61 233.23 | 0.01 |
| SEK	SANDVIK AB NPV (POST SPLIT) | 4 718.00 | 124 376.50 | 0.03 |
| SEK	SKAND ENSKILDA BKN SER’A’NPV | 7 024.00 | 89 830.83 | 0.02 |
| SEK	SKF AB SER’B’NPV | 1 508.00 | 40 717.93 | 0.01 |
| SEK	SWEDBANK AB SER’A’NPV | 3 945.00 | 70 924.56 | 0.02 |
| SEK	SWEDISH MATCH NPV (POST SPLIT) | 6 740.00 | 62 505.25 | 0.01 |
| SEK	TELE2 AB SHS | 1 861.00 | 25 046.14 | 0.01 |
| SEK	VOLVO AB SER’B’NPV (POST SPLIT) | 6 320.00 | 165 465.38 | 0.04 |
| Total Sweden |  | 1 936 497.17 | 0.45 |
| Switzerland |  |  |  |
| CHF	ABB LTD CHF0.12 (REGD) | 7 813.00 | 266 442.11 | 0.06 |
| CHF	ADECCO GROUP AG CHF0.1 (REGD) | 633.00 | 43 595.96 | 0.01 |
| CHF	ALCON AG CHF0.04 | 2 070.00 | 143 991.99 | 0.03 |
| CHF	BALOISE-HLDGS CHF0.1(REGD) | 229.00 | 37 761.38 | 0.01 |
| CHF	BARRY CALLEBAUT AG CHF0.02 (REGD) | 15.00 | 34 324.79 | 0.01 |
| CHF	BQE CANT VAUDOISE CHF1 | 119.00 | 11 048.54 | 0.00 |
| CHF	CLARIANT CHF4.00(REGD) | 968.00 | 20 940.06 | 0.00 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 942.00 | 34 400.27 | 0.01 |
| CHF	CREDIT SUISSE GRP CHF0.04(REGD) | 10 825.00 | 117 957.41 | 0.03 |
| CHF	EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 40.00 | 37 493.75 | 0.01 |
| CHF	GEBERIT CHF0.10(REGD) | 164.00 | 118 639.46 | 0.03 |
| CHF	GIVAUDAN AG CHF10 | 39.00 | 174 022.35 | 0.04 |
| CHF	HOLCIM LTD CHF2 (REGD) | 2 179.00 | 129 526.15 | 0.03 |
| CHF	JULIUS BAER GRUPPE CHF0.02 (REGD) | 948.00 | 64 932.23 | 0.02 |
| CHF	KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 238.00 | 80 343.36 | 0.02 |
| CHF	LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 720.00 | 89 184.41 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| CHF | LONZA GROUP AG CHF1(REGD) | 319.00 | 205 371.66 | 0.05 |
| CHF | NESTLE SA CHF0.10(REGD) | 12 249.00 | 1 507 715.91 | 0.35 |
| CHF | NOVARTIS AG CHF0.50(REGD) | 9 437.00 | 828 118.13 | 0.19 |
| CHF | PARTNERS GROUP HLG CHF0.01 (REGD) | 93.00 | 141 358.76 | 0.03 |
| CHF | RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 2 227.00 | 271 518.93 | 0.06 |
| CHF | SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 106.00 | 30 644.35 | 0.01 |
| CHF | SGS LTD CHF1(REGD) | 26.00 | 81 034.08 | 0.02 |
| CHF | SIKA AG CHF0.01 (REG) | 604.00 | 194 292.77 | 0.04 |
| CHF | SONOVA HOLDING AG CHF0.05 (REGD) | 235.00 | 83 563.68 | 0.02 |
| CHF | STRAUMANN HLDG CHF0.1(REGD) | 45.00 | 70 425.86 | 0.02 |
| CHF | SWATCH GROUP CHF0.45(REGD) | 228.00 | 15 806.75 | 0.00 |
| CHF | SWISS LIFE HLDG CHF5.1(REGD) | 128.00 | 66 380.39 | 0.02 |
| CHF | SWISS PRIME SITE CHF15.3 (REGD) | 315.00 | 32 153.22 | 0.01 |
| CHF | SWISSCOM AG CHF1(REGD) | 111.00 | 62 451.77 | 0.01 |
| CHF | TEMENOS AG CHF5 (REGD) | 271.00 | 41 718.96 | 0.01 |
| CHF | UBS GROUP CHF0.10 (REGD) | 15 528.00 | 251 821.74 | 0.06 |
| CHF | ZURICH INSURANCE GRP CHF0.10 | 635.00 | 265 198.20 | 0.06 |
| Total Switzerland |  | 5 554 179.38 | 1.29 |
| United Arab Emirates |  |  |  |
| GBP	NMC HEALTH PLC ORD GBP0.1 | 997.00 | 0.01 | 0.00 |
| Total United Arab Emirates |  | 0.01 | 0.00 |
| United Kingdom |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 759.00 | 31 709.41 | 0.01 |
| GBP	ANGLO AMERICAN USD0.54945 | 5 478.00 | 244 121.73 | 0.06 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 1 638.00 | 35 962.40 | 0.01 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 1 984.00 | 145 186.78 | 0.03 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 1 486.00 | 49 027.62 | 0.01 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 3 767.00 | 30 072.50 | 0.01 |
| GBP	BARCLAYS ORD GBP0.25 | 73 276.00 | 190 720.32 | 0.04 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 475.00 | 31 593.19 | 0.01 |
| GBP	BP ORD USD0.25 | 86 195.00 | 375 113.93 | 0.09 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 1 931.00 | 58 631.42 | 0.01 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 7 577.00 | 173 246.81 | 0.04 |
| GBP	CRODA INTL ORD GBP0.10609756 | 600.00 | 59 600.65 | 0.01 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 9 980.00 | 482 910.84 | 0.11 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 4 972.00 | 21 012.27 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 933.00 | 127 108.71 | 0.03 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 21 486.00 | 410 550.25 | 0.09 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 1 293.00 | 30 455.65 | 0.01 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 86 805.00 | 561 809.74 | 0.13 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 4 181.00 | 95 092.66 | 0.02 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 698.00 | 48 826.51 | 0.01 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 680.00 | 52 468.13 | 0.01 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 26 176.00 | 105 785.71 | 0.02 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 1 325.00 | 142 655.34 | 0.03 |
| GBP	M&G PLC ORD GBP0.05 | 9 776.00 | 33 977.15 | 0.01 |
| GBP	MONDI ORD EUR0.20 | 1 990.00 | 53 930.79 | 0.01 |
| GBP	MORRISON(W)SUPRMKT ORD GBP0.10 | 11 846.00 | 29 779.93 | 0.01 |
| GBP	NATWEST GROUP PLC ORD GBP1 | 20 452.00 | 60 180.11 | 0.01 |
| GBP	NEXT ORD GBP0.10 | 571.00 | 66 216.57 | 0.02 |
| GBP	PEARSON ORD GBP0.25 | 2 972.00 | 34 566.47 | 0.01 |
| GBP	PERSIMMON ORD GBP0.10 | 1 332.00 | 59 832.64 | 0.01 |
| GBP	PHOENIX GP HLDGS ORD GBP0.10 | 2 682.00 | 28 044.47 | 0.01 |
| GBP	PRUDENTIAL ORD GBP0.05 | 11 237.00 | 239 760.67 | 0.06 |
| GBP	RIO TINTO ORD GBP0.10 | 4 803.00 | 414 017.45 | 0.10 |
| GBP	RSA INSURANCE GRP ORD GBP1.00 | 4 110.00 | 39 973.46 | 0.01 |
| GBP	SAINSBURY(J) ORD GBP0.28571428 | 8 643.00 | 32 631.68 | 0.01 |
| GBP	SCHRODERS VTG SHS GBP1 | 618.00 | 31 247.78 | 0.01 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 3 768.00 | 82 512.45 | 0.02 |
| GBP	STANDARD CHARTERED ORD USD0.50 | 11 756.00 | 84 859.24 | 0.02 |
| GBP	STD LIFE ABERDEEN ORD GBP0.1396825396 | 8 526.00 | 33 329.20 | 0.01 |
| EUR	STELLANTIS N V COM EUR0.01 | 8 731.00 | 173 553.45 | 0.04 |
| GBP	TAYLOR WIMPEY ORD GBP0.01 | 14 355.00 | 34 975.25 | 0.01 |
| GBP	TESCO ORD GBP0.0633333 | 31 852.00 | 101 082.28 | 0.02 |
| EUR	UNILEVER PLC ORD GBP0.031111 | 11 206.00 | 668 198.55 | 0.15 |
| GBP	VODAFONE GROUP ORD USD0.2095238(POST CONS) | 114 624.00 | 209 049.47 | 0.05 |
| Total United Kingdom |  | 6 015 381.63 | 1.39 |
| United States |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 1 215.00 | 38 377.95 | 0.01 |
| CAD	BROOKFIELD RENEWA. CLASS A SUB VOTING SHARES | 550.00 | 23 286.57 | 0.01 |
| Total United States |  | 61 664.52 | 0.02 |
| Total Registered shares |  | 43 501 706.41 | 10.09 |
| Depository receipts |  |  |  |
| China |  |  |  |
| USD	FUTU HOLDINGS LIMI SPON ADS EA REP 8 ORD SHS | 200.00 | 28 454.00 | 0.01 |
| Total China |  | 28 454.00 | 0.01 |
| Hong Kong |  |  |  |
| USD	MELCO RESORTS UNSP ARD EACH REP 3 ORD SHS | 1 000.00 | 17 190.00 | 0.00 |
| Total Hong Kong |  | 17 190.00 | 0.00 |
| Ireland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 1 891.00 | 62 925.69 | 0.01 |
| Total Ireland |  | 62 925.69 | 0.01 |
| Israel |  |  |  |
| USD	TEVA PHARMA IND ADR(CNV 1 ORD ILS0.10) | 4 900.00 | 50 960.00 | 0.01 |
| Total Israel |  | 50 960.00 | 0.01 |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021 |  |  |  |

| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| The Netherlands |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 1 984.00 | 26 489.05 | 0.01 |
| Total The Netherlands |  | 26 489.05 | 0.01 |
| Singapore |  |  |  |
| USD	SEA LTD ADS EACH REP ONE CL A SHS | 100.00 | 25 324.00 | 0.01 |
| Total Singapore |  | 25 324.00 | 0.01 |
| Total Depository receipts |  | 211 342.74 | 0.05 |
| Certificates on investment funds |  |  |  |
| Ireland |  |  |  |
| USD	STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 30.06.23	5 850 000.00 | 9 556 560.00 | 2.22 |
| Total Ireland | 9 556 560.00 | 2.22 |
| Total Certificates on investment funds | 9 556 560.00 | 2.22 |
| Investment funds, closed end |  |  |  |
| Canada |  |  |  |  |
| CAD | CANADIAN APARTMENT PROP. REAL ESTATE INVESTMENT TRUST | 400.00 | 18 336.23 | 0.01 |
| CAD | RIOCAN REAL ESTATE INVESTMENT TRUST | 789.00 | 13 865.14 | 0.00 |
| Total Canada |  | 32 201.37 | 0.01 |
| Singapore |  |  |  |
| SGD	ASCENDAS REAL ESTATE INVESTMENT TRUST | 13 900.00 | 30 831.60 | 0.01 |
| SGD	CAPITALAND INTEGRATED COMMERCIAL TRUST REAL ESTATE INV TRUST | 18 800.00 | 29 745.26 | 0.00 |
| Total Singapore |  | 60 576.86 | 0.01 |
| United Kingdom |  |  |  |
| GBP	SEGRO PLC REIT | 5 249.00 | 77 860.27 | 0.02 |
| Total United Kingdom |  | 77 860.27 | 0.02 |
| Total Investment funds, closed end |  | 170 638.50 | 0.04 |
| Rights |  |  |  |
| Singapore |  |  |  |
| SGD	SINGAPORE AIRLINES LTD RIGHTS 16.06.21 | 14 839.00 | 0.11 | 0.00 |
| Total Singapore |  | 0.11 | 0.00 |
| Total Rights |  | 0.11 | 0.00 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	3M CO 2.25000% 16-19.09.26 | 350 000.00 | 371 683.88 | 0.09 |
| USD	ABU DHABI,GOVERNMENT OF-REG-S 3.12500% 17-11.10.27 | 1 000 000.00 | 1 092 687.50 | 0.25 |
| USD	ALBERTA, PROVINCE OF 3.30000% 18-15.03.28 | 900 000.00 | 1 002 556.51 | 0.23 |
| USD	ALPHABET INC 1.10000% 20-15.08.30 | 830 000.00 | 775 587.03 | 0.18 |
| USD	ALPHABET INC 1.99800% 16-15.08.26 | 525 000.00 | 550 639.57 | 0.13 |
| USD	AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 700 000.00 | 735 726.81 | 0.17 |
| USD	APPLE INC 1.65000% 20-11.05.30 | 950 000.00 | 924 965.66 | 0.21 |
| USD	APPLE INC 2.20000% 19-11.09.29 | 600 000.00 | 614 939.73 | 0.14 |
| USD	APPLE INC 2.40000% 13-03.05.23 | 250 000.00 | 259 982.44 | 0.06 |
| USD	APPLE INC 2.45000% 16-04.08.26 | 1 000 000.00 | 1 065 553.97 | 0.25 |
| USD	APPLE INC 2.85000% 16-23.02.23 | 475 000.00 | 494 337.25 | 0.11 |
| USD	APPLE INC 3.20000% 17-11.05.27 | 775 000.00 | 855 899.16 | 0.20 |
| USD	BANK OF NOVA SCOTIA 2.00000% 19-15.11.22 | 330 000.00 | 338 585.16 | 0.08 |
| USD	BAYER US FINANCE II LLC-REG-S 3.87500% 18-15.12.23 | 500 000.00 | 537 917.53 | 0.12 |
| USD	BERKSHIRE HATHAWAY FINANCE CORP 1.85000% 20-12.03.30 | 175 000.00 | 174 402.27 | 0.04 |
| USD	BERKSHIRE HATHAWAY INC 3.12500% 16-15.03.26 | 275 000.00 | 301 520.88 | 0.07 |
| USD	BRITISH COLUMBIA, PROVINCE OF 1.75000% 19-27.09.24 | 250 000.00 | 260 247.71 | 0.06 |
| USD	BRITISH COLUMBIA, PROVINCE OF 1.30000% 21-29.01.31 | 400 000.00 | 381 803.63 | 0.09 |
| USD	CHEVRON CORP 2.23600% 20-11.05.30 | 821 000.00 | 834 398.41 | 0.19 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.90000% 18-16.03.28 | 450 000.00 | 511 911.77 | 0.12 |
| USD	CORPORACION ANDINA DE FOMENTO 4.37500% 12-15.06.22 | 625 000.00 | 649 931.25 | 0.15 |
| USD	EQUINOR ASA 2.37500% 20-22.05.30 | 300 000.00 | 305 371.27 | 0.07 |
| USD	EQUINOR ASA 3.62500% 18-10.09.28 | 500 000.00 | 556 235.60 | 0.13 |
| USD	EUROPEAN INVESTMENT BANK 2.37500% 17-24.05.27 | 300 000.00 | 322 374.38 | 0.07 |
| USD	EUROPEAN INVESTMENT BANK 0.87500% 20-17.05.30 | 2 110 000.00 | 1 986 215.35 | 0.46 |
| USD	EUROPEAN INVESTMENT BANK 1.25000% 21-14.02.31 | 1 740 000.00 | 1 671 028.49 | 0.39 |
| USD	EXPORT DEVELOPMENT CANADA 2.00000% 17-17.05.22 | 200 000.00 | 203 533.21 | 0.05 |
| USD	EXPORT-IMPORT BANK OF KOREA 3.25000% 15-10.11.25 | 700 000.00 | 766 850.00 | 0.18 |
| USD	EXPORT-IMPORT BANK OF KOREA 2.75000% 17-25.01.22 | 200 000.00 | 202 787.50 | 0.05 |
| USD	EXXON MOBIL CORP 3.04300% 16-01.03.26 | 525 000.00 | 571 804.80 | 0.13 |
| USD	EXXON MOBIL CORP 3.48200% 20-19.03.30 | 90 000.00 | 99 537.11 | 0.02 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 2.37500% 17-07.07.27 | 400 000.00 | 427 661.02 | 0.10 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 2.25000% 19-18.06.29 | 800 000.00 | 845 071.85 | 0.20 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 2.00000% 19-23.07.26 | 450 000.00 | 474 073.94 | 0.11 |
| USD	INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 400 000.00 | 410 166.42 | 0.09 |
| USD	INTERNATIONAL DVPT ASSOCIATION-REG-S 1.00000% 20-03.12.30 | 500 000.00 | 470 038.00 | 0.11 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 1.75000% 19-23.10.29 | 500 000.00 | 508 472.76 | 0.12 |
| USD	JOHNSON & JOHNSON 1.30000% 20-01.09.30 | 500 000.00 | 479 389.29 | 0.11 |
| USD	JOHNSON & JOHNSON 2.90000% 17-15.01.28 | 250 000.00 | 273 217.07 | 0.06 |
| USD	JOHNSON & JOHNSON 3.37500% 13-05.12.23 | 300 000.00 | 324 339.11 | 0.08 |
| USD	KOREA DEVELOPMENT BANK 2.75000% 17-19.03.23 | 400 000.00 | 416 825.00 | 0.10 |
| USD	KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.00000% 12-19.09.22 | 200 000.00 | 206 725.00 | 0.05 |
| USD	KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.12500% 17-25.07.27 | 800 000.00 | 873 536.00 | 0.20 |
| USD	KOREA SOUTH-EAST POWER CO LTD-REG-S 2.12500% 20-03.02.25 | 200 000.00 | 206 974.00 | 0.05 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.12500% 13-17.01.23 | 650 000.00 | 670 471.01 | 0.16 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 15-02.05.25 | 750 000.00 | 790 296.02 | 0.18 |
| USD	KUWAIT INTERNATIONAL GOVT BOND-REG-S 3.50000% 17-20.03.27 | 1 200 000.00 | 1 329 975.00 | 0.31 |
| USD	LANDWIRTSCHAFTLICHE RENTENBANK 2.00000% 15-13.01.25 | 775 000.00 | 815 030.37 | 0.19 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  |  | Nominal | Unrealized gain | of net |
|  |  |  | (loss) on Futures/ | assets |
|  |  |  | Forward |  |
|  |  |  | Exchange Contracts/ |  |
|  |  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 0.87500% 20-03.09.30 | 300 000.00 | 279 474.29 | 0.06 |
| USD | MICROSOFT CORP 2.65000% 15-03.11.22 | 250 000.00 | 257 714.30 | 0.06 |
| USD | MICROSOFT CORP 2.87500% 17-06.02.24 | 725 000.00 | 771 350.58 | 0.18 |
| USD | MICROSOFT CORP 3.30000% 17-06.02.27 | 1 500 000.00 | 1 671 280.19 | 0.39 |
| USD | NATIONAL AUSTRALIA BANK LTD/NY 2.50000% 16-12.07.26 | 800 000.00 | 852 614.96 | 0.20 |
| USD | NESTLE HOLDINGS INC-REG-S 1.25000% 20-15.09.30 | 250 000.00 | 234 827.19 | 0.05 |
| USD | NEW YORK LIFE GLOBAL FUNDING-REG-S 3.00000% 18-10.01.28 | 425 000.00 | 457 888.87 | 0.11 |
| USD | NORDIC INVESTMENT BANK 2.25000% 14-30.09.21 | 200 000.00 | 201 405.98 | 0.05 |
| USD | NOVARTIS CAPITAL CORP 2.40000% 12-21.09.22 | 850 000.00 | 874 046.50 | 0.20 |
| USD | NOVARTIS CAPITAL CORP 3.10000% 17-17.05.27 | 850 000.00 | 934 604.79 | 0.22 |
| USD | NOVARTIS CAPITAL CORP 2.20000% 20-14.08.30 | 600 000.00 | 611 661.64 | 0.14 |
| USD | QATAR, STATE OF-REG-S 2.37500% 16-02.06.21 | 950 000.00 | 949 905.00 | 0.22 |
| USD | QATAR, STATE OF-REG-S 3.37500% 19-14.03.24 | 300 000.00 | 322 931.25 | 0.07 |
| USD | QATAR, STATE OF-REG-S 4.00000% 19-14.03.29 | 575 000.00 | 661 250.00 | 0.15 |
| USD | QUEBEC, PROVINCE OF 2.50000% 16-20.04.26 | 850 000.00 | 913 169.77 | 0.21 |
| USD | ROCHE HOLDINGS INC-REG-S 3.62500% 18-17.09.28 | 800 000.00 | 904 498.06 | 0.21 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.25000% 12-06.01.23 | 400 000.00 | 413 249.95 | 0.10 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.87500% 16-10.05.26 | 1 275 000.00 | 1 384 638.86 | 0.32 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.75000% 20-06.04.30 | 400 000.00 | 420 043.59 | 0.10 |
| USD | SINOPEC GROUP OVERSEAS DEV 2013-REG-S 4.37500% 13-17.10.23 | 300 000.00 | 324 714.00 | 0.08 |
| USD | STATE STREET CORP 2.40000% 20-24.01.30 | 208 000.00 | 213 987.04 | 0.05 |
| USD | TEMASEK FINANCIAL I LTD-REG-S 2.37500% 12-23.01.23 | 300 000.00 | 310 012.53 | 0.07 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.70000% 13-15.01.24 | 350 000.00 | 379 365.39 | 0.09 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.45500% 19-19.02.29 | 350 000.00 | 385 084.11 | 0.09 |
| USD | VISA INC 2.05000% 20-15.04.30 | 350 000.00 | 354 960.78 | 0.08 |
| USD | VISA INC 3.15000% 15-14.12.25 | 400 000.00 | 438 607.31 | 0.10 |
| USD | WALMART INC 2.55000% 13-11.04.23 | 750 000.00 | 778 916.43 | 0.18 |
| USD | WALMART INC 3.70000% 18-26.06.28 | 350 000.00 | 397 194.06 | 0.09 |
| USD | WESTPAC BANKING CORP 2.85000% 16-13.05.26 | 991 000.00 | 1 071 700.10 | 0.25 |
| USD | WESTPAC BANKING CORP 3.35000% 17-08.03.27 | 300 000.00 | 333 317.34 | 0.08 |
| Total USD |  |  | 47 047 692.55 | 10.91 |
| Total Notes, fixed rate |  | 47 047 692.55 | 10.91 |
| Medium term notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	ABU DHABI, EMIRATE OF-REG-S 3.12500% 20-16.04.30 | 900 000.00 | 976 500.00 | 0.23 |
| USD	AFRICAN DEVELOPMENT BANK 2.37500% 14-23.09.21 | 475 000.00 | 478 315.46 | 0.11 |
| USD	ASB FINANCE LTD-REG-S 2.12500% 16-01.09.21 | 400 000.00 | 401 704.00 | 0.09 |
| USD	ASIAN DEVELOPMENT BANK 2.00000% 17-16.02.22 | 550 000.00 | 557 296.84 | 0.13 |
| USD	ASIAN DEVELOPMENT BANK 2.50000% 17-02.11.27 | 500 000.00 | 538 947.21 | 0.12 |
| USD	ASIAN DEVELOPMENT BANK 1.75000% 19-19.09.29 | 1 400 000.00 | 1 412 123.84 | 0.33 |
| USD	BANK OF MONTREAL 1.90000% 16-27.08.21 | 300 000.00 | 301 274.98 | 0.07 |
| USD	BANK OF NEW YORK CO INC 0.75000% 21-28.01.26 | 700 000.00 | 695 098.73 | 0.16 |
| USD	CAISSE D’AMOR DE LA DETTE SOCIALE-REG-S 3.37500% 14-20.03.24 | 400 000.00 | 433 244.92 | 0.10 |
| USD	CLIFFORD CAPITAL PTE LTD-REG-S 1.73300% 19-10.09.24 | 650 000.00 | 670 345.00 | 0.16 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.15000% 17-19.09.27 | 150 000.00 | 165 178.02 | 0.04 |
| USD	CPPIB CAPITAL INC-REG-S 2.75000% 17-02.11.27 | 1 000 000.00 | 1 088 015.77 | 0.25 |
| USD	IDB TRUST SERVICES LTD-REG-S 2.26100% 17-26.09.22 | 500 000.00 | 511 451.00 | 0.12 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 1.12500% 21-13.01.31 | 800 000.00 | 759 684.51 | 0.18 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 350 000.00 | 371 458.68 | 0.09 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 17-22.11.27 | 1 305 000.00 | 1 407 258.74 | 0.33 |
| USD	JAPAN TOBACCO INC-REG-S 2.80000% 16-13.04.26 | 400 000.00 | 426 228.00 | 0.10 |
| USD	KOMMUNEKREDIT-REG-S 1.62500% 16-01.06.21 | 225 000.00 | 225 000.00 | 0.05 |
| USD	KOREA DEVELOPMENT BANK 1.75000% 20-18.02.25 | 225 000.00 | 230 975.84 | 0.05 |
| USD	MDGH - GMTN BV-REG-S 3.00000% 17-19.04.24 | 600 000.00 | 636 300.00 | 0.15 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 19-07.11.29 | 300 000.00 | 312 768.00 | 0.07 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 20-21.05.30 | 600 000.00 | 624 510.00 | 0.14 |
| USD	MORGAN STANLEY 3.12500% 16-27.07.26 | 300 000.00 | 326 607.76 | 0.08 |
| USD	MTR CORP CI LTD-REG-S 2.50000% 16-02.11.26 | 900 000.00 | 956 286.72 | 0.22 |
| USD	NEDERLANDSE WATERSCHAPSBK NV-REG-S 3.00000% 18-21.12.21 | 200 000.00 | 203 080.00 | 0.05 |
| USD	NESTLE HOLDINGS INC-REG-S 2.37500% 17-18.01.22 | 325 000.00 | 329 254.25 | 0.08 |
| USD	NESTLE HOLDINGS INC-REG-S 3.12500% 18-22.03.23 | 415 000.00 | 435 615.54 | 0.10 |
| USD	NISSAN MOTOR ACCEPTANCE CORP-REG-S 2.60000% 17-28.09.22 | 100 000.00 | 102 312.10 | 0.02 |
| USD	NORDRHEIN-WESTFALEN, STATE OF-REG-S 2.25000% 15-16.04.25 | 200 000.00 | 212 193.20 | 0.05 |
| USD	SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 2.50000% 20-03.02.27 | 600 000.00 | 623 812.51 | 0.14 |
| USD	SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 200 000.00 | 219 419.50 | 0.05 |
| USD	SUMITOMO MITSUI BANKING CORP-REG-S 2.44000% 19-18.06.24 | 418 000.00 | 441 219.82 | 0.10 |
| USD	TOYOTA MOTOR CREDIT CORP 2.60000% 17-11.01.22 | 350 000.00 | 355 119.07 | 0.08 |
| Total USD |  | 17 428 600.01 | 4.04 |
| Total Medium term notes, fixed rate |  | 17 428 600.01 | 4.04 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	BNG BANK NV-REG-S 2.37500% 16-16.03.26 | 450 000.00 | 481 850.10 | 0.11 |
| USD	CAISSE D’AMORTIS DE LA DETTE SOC-REG-S 1.87500% 15-12.02.22 | 225 000.00 | 227 716.98 | 0.05 |
| USD	CANADIAN IMPERIAL BANK OF COM/CAN-REG-S 2.35000% 17-27.07.22 | 350 000.00 | 358 766.55 | 0.08 |
| USD	CENTRAL JAPAN RAILWAY CO-REG-S 3.40000% 18-06.09.23 | 400 000.00 | 423 732.84 | 0.10 |
| USD	DBS BANK LTD-REG-S 3.30000% 18-27.11.21 | 480 000.00 | 487 119.12 | 0.11 |
| USD	DNB BOLIGKREDITT AS-REG-S 2.50000% 17-28.03.22 | 500 000.00 | 509 261.00 | 0.12 |
| USD	FAB SUKUK CO LTD-REG-S 3.87500% 19-22.01.24 | 300 000.00 | 322 406.25 | 0.08 |
| USD	FEDERAL HOME LOAN BANK SYSTEM 2.00000% 12-09.09.22 | 600 000.00 | 614 472.54 | 0.14 |
| USD	FMS WERTMANAGEMENT 2.00000% 17-01.08.22 | 375 000.00 | 383 095.69 | 0.09 |
| USD	ING BANK NV-REG-S 2.62500% 12-05.12.22 | 250 000.00 | 258 898.50 | 0.06 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 14-25.11.24 | 675 000.00 | 721 193.38 | 0.17 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 15-29.07.25 | 550 000.00 | 590 845.79 | 0.14 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.87500% 20-14.05.30 | 250 000.00 | 233 966.06 | 0.05 |
| USD	KOREA GAS CORP-REG-S 2.87500% 19-16.07.29 | 300 000.00 | 317 400.00 | 0.07 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | KOREA NATIONAL OIL CORP-REG-S 3.25000% 14-10.07.24 | 450 000.00 | 484 777.35 | 0.11 |
| USD | KOREA NATIONAL OIL CORP-REG-S 1.62500% 20-05.10.30 | 200 000.00 | 188 042.72 | 0.04 |
| USD | KOREA, REPUBLIC OF 3.87500% 13-11.09.23 | 600 000.00 | 646 425.00 | 0.15 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.50000% 14-20.11.24 | 625 000.00 | 667 846.44 | 0.16 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 0.75000% 20-30.09.30 | 500 000.00 | 462 631.21 | 0.11 |
| USD | NATIONWIDE BUILDING SOCIETY-REG-S 1.70000% 20-13.02.23 | 583 000.00 | 596 331.22 | 0.14 |
| USD | NOVARTIS CAPITAL CORP 3.40000% 14-06.05.24 | 200 000.00 | 217 724.15 | 0.05 |
| USD | OESTERREICHISCHE KONTROLLBANK AG 2.37500% 14-01.10.21 | 175 000.00 | 176 298.48 | 0.04 |
| USD | ONTARIO, PROVINCE OF 1.12500% 20-07.10.30 | 700 000.00 | 656 023.98 | 0.15 |
| USD | ONTARIO, PROVINCE OF 3.20000% 14-16.05.24 | 750 000.00 | 809 660.03 | 0.19 |
| USD | SWEDBANK AB-REG-S 2.80000% 17-14.03.22 | 200 000.00 | 204 071.50 | 0.05 |
| Total USD |  |  | 11 040 556.88 | 2.56 |
| Total Bonds, fixed rate |  | 11 040 556.88 | 2.56 |
| Treasury notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.62500% 19-15.02.29 | 102 000.00 | 111 351.33 | 0.03 |
| USD	AMERICA, UNITED STATES OF 1.50000% 15-31.01.22 | 5 000.00 | 5 047.85 | 0.00 |
| USD	AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 1 005 000.00 | 1 075 585.56 | 0.25 |
| USD	AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 10 000.00 | 10 310.94 | 0.00 |
| USD	AMERICA, UNITED STATES OF 0.62500% 20-15.05.30 | 1 081 000.00 | 998 362.62 | 0.23 |
| USD	AMERICA, UNITED STATES OF 1.12500% 21-15.02.31 | 2 000 000.00 | 1 914 687.50 | 0.45 |
| Total USD |  | 4 115 345.80 | 0.96 |
| Total Treasury notes, fixed rate |  | 4 115 345.80 | 0.96 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 170 670 085.74 | 39.58 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Treasury bills, zero coupon |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 10.09.20-09.09.21 | 2 000 000.00 | 1 999 930.56 | 0.46 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 08.10.20-07.10.21 | 3 000 000.00 | 2 999 826.66 | 0.70 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 05.11.20-04.11.21 | 3 000 000.00 | 2 999 739.99 | 0.69 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 03.12.20-03.06.21 | 3 000 000.00 | 2 999 999.16 | 0.70 |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 28.01.21-29.07.21 | 1 500 000.00 | 1 499 975.84 | 0.35 |
| Total USD |  | 12 499 472.21 | 2.90 |
| Total Treasury bills, zero coupon |  | 12 499 472.21 | 2.90 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	FANNIE MAE 2.12500% 16-24.04.26 | 700 000.00 | 744 713.81 | 0.17 |
| USD	NATIONAL AUSTRALIA BANK LTD NEW YORK 2.87500% 18-12.04.23 | 250 000.00 | 261 761.85 | 0.06 |
| USD	NATIONAL AUSTRALIA BANK LTD-144A 3.50000% 17-10.01.27 | 500 000.00 | 556 841.05 | 0.13 |
| USD	PROCTER & GAMBLE CO 2.30000% 12-06.02.22 | 350 000.00 | 355 205.92 | 0.08 |
| Total USD |  | 1 918 522.63 | 0.44 |
| Total Notes, fixed rate |  | 1 918 522.63 | 0.44 |
| Medium term notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	GOLDMAN SACHS GROUP INC/THE 3.85000% 14-08.07.24 | 350 000.00 | 380 938.31 | 0.09 |
| Total USD |  | 380 938.31 | 0.09 |
| Total Medium term notes, fixed rate |  | 380 938.31 | 0.09 |
| Medium term notes, zero coupon |  |  |  |
| USD |  |  |  |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.00000% 00-01.05.30 | 500 000.00 | 415 567.98 | 0.10 |
| Total USD |  | 415 567.98 | 0.10 |
| Total Medium term notes, zero coupon |  | 415 567.98 | 0.10 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 1.62500% 19-17.10.22 | 250 000.00 | 254 911.10 | 0.06 |
| USD	HSBC BANK CANADA-REG-S 1.65000% 19-10.09.22 | 300 000.00 | 305 449.92 | 0.07 |
| Total USD |  | 560 361.02 | 0.13 |
| Total Bonds, fixed rate |  | 560 361.02 | 0.13 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 15 774 862.15 | 3.66 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Registered shares
| Sweden |  |
| --- | --- |
| SEK | EPIROC AB NPV A RED 02/06/21 | 2 764.00 | 998.31 | 0.00 |
| Total Sweden |  | 998.31 | 0.00 |
| Total Registered shares |  | 998.31 | 0.00 |
| Rights |  |  |  |
| The Netherlands |  |  |  |
| EUR	KONINKLIJKE DSM NV (STOCK DIVIDEND) RIGHTS 04.06.21 | 4 051.00 | 4 154.50 | 0.00 |
| EUR	NN GROUP NV (STOCK DIVIDEND) 09.06.21 | 1 225.00 | 2 171.37 | 0.00 |
| Total The Netherlands |  | 6 325.87 | 0.00 |
| Total Rights |  | 6 325.87 | 0.00 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.95000% 18-11.01.25 | 350 000.00 | 376 048.52 | 0.09 |
| USD	US BANK NA/CINCINNATI OH 2.65000% 19-23.05.22 | 400 000.00 | 408 910.90 | 0.09 |
| Total USD |  | 784 959.42 | 0.18 |
| Total Notes, fixed rate |  | 784 959.42 | 0.18 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	NATIONAL BANK OF CANADA 0.550%/VAR 20-15.11.24 | 318 000.00 | 317 335.98 | 0.08 |
| Total USD |  | 317 335.98 | 0.08 |
| Total Medium term notes, floating rate |  | 317 335.98 | 0.08 |
| Bonds, fixed rate |  |  |  |
| USD |  |  |  |
| USD	HSBC BANK CANADA-REG-S 3.30000% 18-28.11.21 | 300 000.00 | 304 502.24 | 0.07 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.75000% 17-22.06.24 | 250 000.00 | 266 388.66 | 0.06 |
| Total USD |  | 570 890.90 | 0.13 |
| Total Bonds, fixed rate |  | 570 890.90 | 0.13 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market |  | 1 680 510.48 | 0.39 |
| Recently issued transferable securities and money market instruments |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	NESTLE HOLDINGS INC-144A 1.00000% 20-15.09.27	450 000.00 | 437 950.08 | 0.10 |
| Total USD | 437 950.08 | 0.10 |
| Total Notes, fixed rate | 437 950.08 | 0.10 |
| Total Recently issued transferable securities and money market instruments | 437 950.08 | 0.10 |

UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010
Investment funds, open end
| Ireland |  |
| --- | --- |
| USD | MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP | 52 339.45 | 7 362 067.18 | 1.71 |
| USD | UBS (IRL) ETF PLC-MSCI USA UCITS-ACC-A-USD-ETF | 1 760 060.00 | 41 546 216.30 | 9.63 |
| USD | UBS IRL FND SOLUTIONS PLC-MSCI USA SF INDEX-SHS-A-USD-ACC | 219 326.00 | 26 732 132.79 | 6.20 |
| USD | UBS(IRL)FUND SOLUTION PLC-MSCI USA SF UCITS SHS-A-ETF-ACC | 698 985.00 | 82 018 899.90 | 19.02 |
| Total Ireland |  | 157 659 316.17 | 36.56 |
| Luxembourg |  |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 621.37 | 7 705 852.38 | 1.79 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP | 43 809.48 | 5 873 098.89 | 1.36 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP | 294 283.52 | 4 114 083.64 | 0.95 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC | 54 977.00 | 6 889 167.87 | 1.60 |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC | 29 328.00 | 10 314 657.60 | 2.39 |
| USD	UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC | 82 229.00 | 10 392 923.31 | 2.41 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 7 252.00 | 15 507 459.24 | 3.60 |
| USD	UBS (LUX) MONEY MARKET FUND - USD U-X-ACC | 1.00 | 11 227.66 | 0.00 |
| Total Luxembourg |  | 60 808 470.59 | 14.10 |
| Total Investment funds, open end |  | 218 467 786.76 | 50.66 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  | 218 467 786.76 | 50.66 |
| Total investments in securities |  | 407 031 195.21 | 94.39 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) Annual report and audited financial statements as of 31 May 2021
| Description | Quantity/ Nominal | Valuation in USD Unrealized gain (loss) on Futures/ Forward Exchange Contracts/ Swaps (Note 1) | as a % of net assets |
| --- | --- | --- | --- |
| Derivative instruments |  |  |  |
| Derivative instruments listed on an official stock exchange |  |  |  |
| Financial Futures on bonds |  |  |  |
|  |  |  |  |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.21 | -89.00 | -6 453.13 | 0.00 |
| USD	US LONG BOND FUTURE 21.09.21 | -6.00 | -703.12 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.21 | -102.00 | -9 093.75 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.21 | -138.00 | -9 703.19 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.21 | -231.00 | -21 656.25 | -0.01 |
| Total Financial Futures on bonds |  | -47 609.44 | -0.01 |
| Financial Futures on Indices |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 18.06.21 | 112.00 | 272 161.89 | 0.06 |
| CHF	SWISS MARKET INDEX FUTURE 18.06.21 | 13.00 | 81 403.24 | 0.02 |
| GBP	FTSE 100 INDEX FUTURE 18.06.21 | 23.00 | 76 960.01 | 0.02 |
| SEK	OMX 30 INDEX FUTURE 18.06.21 | 21.00 | 253.25 | 0.00 |
| USD	S&P500 EMINI FUTURE 18.06.21 | 241.00 | 2 931 220.00 | 0.68 |
| JPY	TOPIX INDX FUTURE 10.06.21 | 22.00 | 78 157.14 | 0.02 |
| AUD	SPI 200 INDEX FUTURES 17.06.21 | 9.00 | 60 588.76 | 0.01 |
| HKD	HANG SENG INDEX FUTURE 29.06.21 | 3.00 | 2 847.46 | 0.00 |
| USD	MINI MSCI EMERGING MARKETS INDEX FUTURE 18.06.21 | 658.00 | 469 850.00 | 0.11 |
| CAD	S&P/TSX 60 INDEX FUTURE 17.06.21 | 10.00 | 96 958.86 | 0.02 |
| Total Financial Futures on Indices |  | 4 070 400.61 | 0.94 |
| Total Derivative instruments listed on an official stock exchange |  | 4 022 791.17 | 0.93 |
| Total Derivative instruments |  | 4 022 791.17 | 0.93 |
| Forward Foreign Exchange contracts |  |  |  |
| Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |  |

| USD | 2 858 167.49 | AUD | 3 695 000.00 | 4.6.2021 | -1 959.58 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 4 164 943.90 | CHF | 3 848 000.00 | 4.6.2021 | -113 820.73 | -0.03 |
| USD | 954 387.65 | DKK | 5 950 000.00 | 4.6.2021 | -23 771.45 | -0.01 |
| USD | 125 675.38 | NZD | 175 000.00 | 4.6.2021 | -1 724.33 | 0.00 |
| USD | 4 083 925.51 | CAD | 5 089 000.00 | 4.6.2021 | -128 462.50 | -0.03 |
| USD | 449 355.75 | SGD | 605 000.00 | 4.6.2021 | -8 646.23 | 0.00 |
| USD | 11 713 706.35 | JPY | 1 276 630 000.00 | 4.6.2021 | 43 703.87 | 0.01 |
| USD | 235 888.50 | NOK | 2 000 000.00 | 4.6.2021 | -4 518.56 | 0.00 |
| USD | 1 120 322.65 | HKD | 8 700 000.00 | 4.6.2021 | -626.23 | 0.00 |
| USD | 1 288 158.31 | SEK | 10 950 000.00 | 4.6.2021 | -32 372.77 | -0.01 |
| USD | 7 976 891.72 | GBP | 5 736 000.00 | 4.6.2021 | -176 841.84 | -0.04 |
| USD | 20 493 054.20 | EUR | 17 177 000.00 | 4.6.2021 | -508 862.85 | -0.12 |
| JPY | 75 000 000.00 | USD | 691 358.30 | 4.6.2021 | -5 764.05 | 0.00 |
| CHF | 250 000.00 | USD | 269 322.26 | 4.6.2021 | 8 664.01 | 0.00 |
| USD | 442 171.46 | CAD | 555 000.00 | 4.6.2021 | -17 226.33 | 0.00 |
| USD | 473 898.32 | CHF | 445 000.00 | 4.6.2021 | -20 917.24 | 0.00 |
| USD | 635 068.94 | EUR | 540 000.00 | 4.6.2021 | -25 176.46 | -0.01 |
| USD | 381 622.34 | AUD | 490 000.00 | 4.6.2021 | 2 336.21 | 0.00 |
| USD | 695 112.84 | EUR | 575 000.00 | 4.6.2021 | -7 926.24 | 0.00 |
| USD | 443 944.00 | GBP | 320 000.00 | 4.6.2021 | -10 936.53 | 0.00 |
| USD | 8 703 164.04 | JPY | 948 230 000.00 | 14.7.2021 | 32 441.55 | 0.01 |
| USD | 1 120 308.66 | HKD | 8 700 000.00 | 14.7.2021 | -740.41 | 0.00 |
| USD | 3 902 080.39 | GBP | 2 774 000.00 | 14.7.2021 | -41 343.15 | -0.01 |
| USD | 1 314 793.98 | SEK | 10 950 000.00 | 14.7.2021 | -6 177.96 | 0.00 |
| USD | 127 273.65 | NZD | 175 000.00 | 14.7.2021 | -113.93 | 0.00 |
| USD | 455 906.32 | SGD | 605 000.00 | 14.7.2021 | -2 041.70 | 0.00 |
| USD | 972 534.16 | DKK | 5 950 000.00 | 14.7.2021 | -6 259.32 | 0.00 |
| USD | 4 639 838.71 | CAD | 5 620 000.00 | 14.7.2021 | -11 788.54 | 0.00 |
| USD | 3 507 244.11 | AUD | 4 465 000.00 | 14.7.2021 | 50 472.83 | 0.01 |
| USD | 243 913.18 | NOK | 2 000 000.00 | 14.7.2021 | 3 488.14 | 0.00 |
| USD | 3 180 894.18 | CHF | 2 862 000.00 | 14.7.2021 | -4 808.11 | 0.00 |
| USD | 12 808 668.97 | EUR | 10 535 000.00 | 14.7.2021 | -82 362.03 | -0.02 |
| USD | 122 983.04 | ILS | 400 000.00 | 14.7.2021 | -191.65 | 0.00 |
| USD | 122 932.85 | ILS | 400 000.00 | 4.6.2021 | -201.73 | 0.00 |
| SGD | 11 308 700.00 | USD | 8 497 530.10 | 28.6.2021 | 62 880.02 | 0.01 |
| GBP | 5 045 200.00 | USD | 7 154 491.67 | 28.6.2021 | 17 497.02 | 0.00 |
| EUR | 81 164 600.00 | USD | 99 567 130.92 | 28.6.2021 | -285 255.10 | -0.07 |
| CHF | 69 346 400.00 | USD | 77 692 040.10 | 28.6.2021 | -537 686.70 | -0.12 |
| CHF | 177 100.00 | USD | 197 449.10 | 1.6.2021 | -529.10 | 0.00 |
| SGD | 33 000.00 | USD | 24 908.67 | 1.6.2021 | 73.35 | 0.00 |
| USD | 197 581.85 | CHF | 177 100.00 | 28.6.2021 | 541.54 | 0.00 |
| USD | 24 906.49 | SGD | 33 000.00 | 28.6.2021 | -73.71 | 0.00 |
| USD | 23 255.56 | GBP | 16 400.00 | 28.6.2021 | -57.81 | 0.00 |
| USD | 281 388.87 | EUR | 230 500.00 | 28.6.2021 | -562.53 | 0.00 |
| USD | 298 429.65 | CHF | 268 000.00 | 28.6.2021 | 254.59 | 0.00 |
| Total Forward Foreign Exchange contracts | -1 847 394.27 | -0.43 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 21 037 314.33 | 4.88 |
| Other assets and liabilities | 981 960.20 | 0.23 |
| Total net assets | 431 225 866.64 | 100.00 |

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

Translation (ENDE, 2021-05-31):
# UBS (Lux) Strategy SICAV
– Systematic Allocation Portfolio Defensive (USD)
| Dreijahresvergleich |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Nettovermögen in USD |  | 995 743 841.16 | 1 089 453 896.73 | 1 087 131 873.23 |
| Klasse K-1-acc | LU1622990858 |  |  |  |
| Aktien im Umlauf |  | 3.8000 | 5.5000 | 4.5000 |
| Nettoinventarwert pro Aktie in USD |  | 5 901 822.59 | 5 336 764.81 | 5 272 284.33 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 5 901 822.59 | 5 296 739.07 | 5 282 828.90 |
| Klasse (CHF hedged) K-1-acc 2 | LU1622991070 |  |  |  |
| Aktien im Umlauf |  | - | 0.9000 | - |
| Nettoinventarwert pro Aktie in CHF |  | - | 4 846 836.21 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | - | 4 810 484.94 | - |
| Klasse (EUR hedged) K-1-acc 3 | LU1622990932 |  |  |  |
| Aktien im Umlauf |  | - | 0.7000 | 0.8000 |
| Nettoinventarwert pro Aktie in EUR |  | - | 2 990 826.89 | 3 028 310.04 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | - | 2 968 395.69 | 3 034 366.66 |
| Klasse (EUR hedged) K-X-acc 4 | LU1675059452 |  |  |  |
| Aktien im Umlauf |  | - | 97 177.2680 | 97 177.2680 |
| Nettoinventarwert pro Aktie in EUR |  | - | 100.82 | 101.16 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | - | 100.06 | 101.36 |
| Klasse P-4%-mdist | LU1599185995 |  |  |  |
| Aktien im Umlauf |  | 848 799.3690 | 1 160 320.1380 | 1 487 647.4150 |
| Nettoinventarwert pro Aktie in USD |  | 100.64 | 95.04 | 98.09 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 100.64 | 94.33 | 98.29 |
| Klasse (HKD) P-4%-mdist | LU1647379343 |  |  |  |
| Aktien im Umlauf |  | 144 675.9630 | 321 698.0890 | 396 435.4180 |
| Nettoinventarwert pro Aktie in HKD |  | 994.92 | 938.76 | 980.48 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 994.92 | 931.72 | 982.44 |
| Klasse P-acc | LU1599185649 |  |  |  |
| Aktien im Umlauf |  | 2 881 176.7780 | 3 251 483.0880 | 3 109 847.0700 |
| Nettoinventarwert pro Aktie in USD |  | 117.45 | 106.66 | 105.81 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 117.45 | 105.86 | 106.02 |
| Klasse (CHF hedged) P-acc | LU1599186027 |  |  |  |
| Aktien im Umlauf |  | 1 078 381.6930 | 1 248 563.1140 | 1 234 744.5730 |
| Nettoinventarwert pro Aktie in CHF |  | 106.18 | 97.69 | 99.79 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 106.18 | 96.96 | 99.99 |
| Klasse (EUR hedged) P-acc | LU1599186530 |  |  |  |
| Aktien im Umlauf |  | 1 269 342.0860 | 1 500 071.3610 | 1 500 380.0560 |
| Nettoinventarwert pro Aktie in EUR |  | 107.73 | 98.91 | 100.58 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 107.73 | 98.17 | 100.78 |
| Klasse (GBP hedged) P-acc | LU1616912249 |  |  |  |
| Aktien im Umlauf |  | 82 299.6570 | 150 416.4500 | 86 928.3810 |
| Nettoinventarwert pro Aktie in GBP |  | 111.46 | 101.71 | 102.43 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | 111.46 | 100.95 | 102.63 |
| Klasse (SGD hedged) P-acc | LU1599186704 |  |  |  |
| Aktien im Umlauf |  | 78 010.6460 | 123 715.4990 | 233 599.3200 |
| Nettoinventarwert pro Aktie in SGD |  | 115.17 | 104.79 | 104.49 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 |  | 115.17 | 104.00 | 104.70 |
| Klasse (SGD hedged) P-mdist | LU1637863462 |  |  |  |
| Aktien im Umlauf |  | 68 622.5610 | 115 912.0640 | 144 058.7600 |
| Nettoinventarwert pro Aktie in SGD |  | 104.94 | 97.41 | 99.46 |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 |  | 104.94 | 96.68 | 99.66 |
| Klasse Q-4%-mdist | LU1891428200 |  |  |  |
| Aktien im Umlauf |  | 85 143.6450 | 126 701.3320 | 58 760.4920 |
| Nettoinventarwert pro Aktie in USD |  | 106.77 | 100.18 | 102.72 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 106.77 | 99.43 | 102.93 |
| Klasse Q-acc | LU1599185722 |  |  |  |
| Aktien im Umlauf |  | 595 059.7730 | 639 067.7000 | 532 963.4070 |
| Nettoinventarwert pro Aktie in USD |  | 120.49 | 108.72 | 107.17 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 120.49 | 107.90 | 107.38 |
| Klasse (CHF hedged) Q-acc | LU1599186373 |  |  |  |
| Aktien im Umlauf |  | 278 366.0070 | 327 612.5350 | 357 201.8680 |
| Nettoinventarwert pro Aktie in CHF |  | 108.94 | 99.58 | 101.08 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 108.94 | 98.83 | 101.28 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Klasse (EUR hedged) Q-acc | LU1599186613 |  |  |  |
| Aktien im Umlauf |  | 644 919.4120 | 820 601.8210 | 814 208.9740 |
| Nettoinventarwert pro Aktie in EUR |  | 110.53 | 100.83 | 101.88 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 110.53 | 100.07 | 102.08 |
| Klasse (GBP hedged) Q-acc | LU1616912322 |  |  |  |
| Aktien im Umlauf |  | 17 583.4260 | 32 626.0070 | 21 692.1930 |
| Nettoinventarwert pro Aktie in GBP |  | 113.78 | 103.16 | 103.23 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | 113.78 | 102.39 | 103.44 |
| Klasse (SEK hedged) Q-acc 5 | LU1599186886 |  |  |  |
| Aktien im Umlauf |  | - | - | 11 805.6020 |
| Nettoinventarwert pro Aktie in SEK |  | - | - | 697.68 |
| Ausgabe- und Rücknahmepreis pro Aktie in SEK 1 |  | - | - | 699.08 |
| Klasse (SGD hedged) Q-mdist 6 | LU2038507948 |  |  |  |
| Aktien im Umlauf |  | 82 737.6030 | 85 603.8240 | - |
| Nettoinventarwert pro Aktie in SGD |  | 105.68 | 97.41 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in SGD 1 |  | 105.68 | 96.68 | - |
| 1  Siehe Erläuterung 1 2  Für die Periode vom 4.11.2019 bis zum 18.5.2021 war die Aktienklasse (CHF hedged) K-1-acc im Umlauf 3  Die Aktienklasse (EUR hedged) K-1-acc war bis zum 30.4.2021 im Umlauf 4  Die Aktienklasse (EUR hedged) K-X-acc war bis zum 26.2.2021 im Umlauf 5  Für die Periode vom 21.12.2017 bis zum 23.4.2020 war die Aktienklasse (SEK hedged) Q-acc im Umlauf 6  Erste NAV 19.8.2019 |  |  |  |  |
| Performance |  |  |  |  |
|  | Währung | 2020/2021 | 2019/2020 | 2018/2019 |
| Klasse K-1-acc | USD | 11.4% | 0.3% | 3.9% |
| Klasse (CHF hedged) K-1-acc 1 | CHF | - | - | - |
| Klasse (EUR hedged) K-1-acc 2 | EUR | - | -2.2% | 0.9% |
| Klasse (EUR hedged) K-X-acc 3 | EUR | - | -1.3% | 1.8% |
| Klasse P-4%-mdist | USD | 10.9% | -0.2% | 3.5% |
| Klasse (HKD) P-4%-mdist | HKD | 11.1% | -1.3% | 3.4% |
| Klasse P-acc | USD | 10.9% | -0.2% | 3.4% |
| Klasse (CHF hedged) P-acc | CHF | 9.5% | -3.0% | 0.1% |
| Klasse (EUR hedged) P-acc | EUR | 9.7% | -2.6% | 0.5% |
| Klasse (GBP hedged) P-acc | GBP | 10.4% | -1.6% | 1.6% |
| Klasse (SGD hedged) P-acc | SGD | 10.7% | -0.7% | 2.7% |
| Klasse (SGD hedged) P-mdist | SGD | 10.7% | -0.7% | 2.7% |
| Klasse Q-4%-mdist | USD | 11.7% | 0.5% | - |
| Klasse Q-acc | USD | 11.7% | 0.5% | 4.1% |
| Klasse (CHF hedged) Q-acc | CHF | 10.2% | -2.4% | 0.7% |
| Klasse (EUR hedged) Q-acc | EUR | 10.5% | -2.0% | 1.1% |
| Klasse (GBP hedged) Q-acc | GBP | 11.1% | -1.0% | 2.3% |
| Klasse (SEK hedged) Q-acc4 | SEK | - | - | 1.3% |
| Klasse (SGD hedged) Q-mdist | SGD | 11.5% | - | - |

1 
Für die Periode vom 4.11.2019 bis zum 18.5.2021 war die Aktienklasse (CHF hedged) K-1-acc im Umlauf. Auf Grund der Neulancierung liegen keine Daten für die Berechnung der Performance vor.
2 
Die Aktienklasse (EUR hedged) K-1-acc war bis zum 30.4.2021 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2021 vor.
3 
Die Aktienklasse (EUR hedged) K-X-acc war bis zum 26.2.2021 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2021 vor.
4 
Für die Periode vom 21.12.2017 bis zum 23.4.2020 war die Aktienklasse (SEK hedged) Q-acc im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2021 vor.
Die historische Performance stellt keinen Indikator für die laufende oder zukünftige Performance dar.
Die Performancedaten lassen die bei der Ausgabe und Rücknahme der Aktien erhobenen Kommissionen und Kosten unberücksichtigt. Die Performancedaten sind ungeprüft.
Der Subfonds verfügt über keine Benchmark.
UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

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

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Luxemburg | 43.14 |
| --- | --- |
| Irland | 18.03 |
| Vereinigte Staaten | 15.53 |
| Kanada | 3.07 |
| Japan | 1.84 |
| Deutschland | 1.69 |
| Niederlande | 1.62 |
| Südkorea | 1.42 |
| Australien | 1.33 |
| Frankreich | 1.01 |
| Grossbritannien | 0.95 |
| Philippinen | 0.74 |
| Katar | 0.74 |
| Supranational | 0.73 |
| Norwegen | 0.61 |
| Schweiz | 0.60 |
| Kuwait | 0.49 |
| Vereinigte Arabische Emirate | 0.49 |
| Singapur | 0.43 |
| Cayman-Inseln | 0.33 |
| Schweden | 0.26 |
| Jersey | 0.20 |
| Dänemark | 0.20 |
| Hongkong | 0.20 |
| Saudiarabia | 0.18 |
| Spanien | 0.16 |
| Italien | 0.13 |
| Neuseeland | 0.09 |
| Finnland | 0.08 |
| Österreich | 0.06 |
| Belgien | 0.06 |
| Israel | 0.03 |
| Britische Jungferninseln | 0.03 |
| Portugal | 0.01 |
| Macau | 0.01 |
| Total | 96.49 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Anlagefonds | 55.49 |
| --- | --- |
| Finanz- & Beteiligungsgesellschaften | 9.04 |
| Länder- & Zentralregierungen | 7.08 |
| Banken & Kreditinstitute | 4.92 |
| Supranationale Organisationen | 4.25 |
| Kantone, Bundesstaaten | 2.00 |
| Internet, Software & IT-Dienste | 1.85 |
| Erdöl | 1.76 |
| Computer & Netzwerkausrüster | 1.56 |
| Pharmazeutik, Kosmetik & medizinische Produkte | 1.06 |
| Diverse Dienstleistungen | 0.89 |
| Nahrungsmittel & Softdrinks | 0.58 |
| Verkehr & Transport | 0.56 |
| Detailhandel, Warenhäuser | 0.47 |
| Elektronik & Halbleiter | 0.45 |
| Öffentlich-rechtliche Körperschaften | 0.39 |
| Energie- & Wasserversorgung | 0.36 |
| Tabak & alkoholische Getränke | 0.36 |
| Versicherungen | 0.32 |
| Biotechnologie | 0.29 |
| Fahrzeuge | 0.27 |
| Chemie | 0.25 |
| Telekommunikation | 0.25 |
| Diverse Konsumgüter | 0.24 |
| Maschinen & Apparate | 0.21 |
| Immobilien | 0.19 |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 0.18 |
| Baugewerbe & Baumaterial | 0.17 |
| Textilien, Kleidung & Lederwaren | 0.15 |
| Elektrische Geräte & Komponenten | 0.14 |
| Bergbau, Kohle & Stahl | 0.13 |
| Nichteisenmetalle | 0.09 |
| Grafisches Gewerbe, Verlage & Medien | 0.09 |
| Diverse Handelsfirmen | 0.07 |
| Edelmetalle und -steine | 0.06 |
| Flugzeug- & Raumfahrtindustrie | 0.06 |
| Gastgewerbe & Freizeit | 0.06 |
| Diverse Investitionsgüter | 0.05 |
| Forstwirtschaft, Holz & Papier | 0.03 |
| Uhren & Schmuck | 0.03 |
| Gummi & Reifen | 0.02 |
| Landwirtschaft & Fischerei | 0.02 |
| Gesundheits- & Sozialwesen | 0.02 |
| Diverse nicht klassierte Gesellschaften | 0.02 |
| Photo & Optik | 0.01 |
| Total | 96.49 |


## Nettovermögensaufstellung
Aktiva	31.5.2021
USD
Wertpapierbestand, Einstandswert	847 574 570.38
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	113 174 050.37	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 960 748 620.75 |
| Bankguthaben, Sicht- und Fristgelder | 30 826 894.19 |
| Andere liquide Mittel (Margins) | 3 854 769.39 |
| Forderungen aus Wertpapierverkäufen (Erläuterung 1) | 17 193.03 |
| Forderungen aus Zeichnungen | 1 160 472.19 |
| Zinsforderungen aus Wertpapieren | 1 343 977.74 |
| Forderungen aus Dividenden | 208 190.36 |
| Sonstige Forderungen | 182 011.29 |
| Nicht realisierter Kursgewinn aus Finanzterminkontrakten (Erläuterung 1) | 4 368 378.47 |
| Total Aktiva | 1 002 710 507.41 |
|  |  |
| Passiva |  |
| Nicht realisierter Kursverlust aus Devisenterminkontrakten (Erläuterung 1) | -3 056 755.52 |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -81 346.18 |
| Verbindlichkeiten aus Rücknahmen | -2 165 260.87 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -1 503 114.67 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -47 558.71 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-112 630.30	 |
| Total Rückstellungen für Aufwendungen | -1 663 303.68 |
| Total Passiva | -6 966 666.25 |
|  |  |
| Nettovermögen am Ende des Geschäftsjahres | 995 743 841.16 |
| Ertrags- und Aufwandsrechnung | USD |
| Erträge | 1.6.2020-31.5.2021 |
| Zinsertrag auf liquide Mittel | 13 434.88 |
| Zinsen auf Wertpapiere | 6 865 529.14 |
| Dividenden | 1 928 465.56 |
| Erträge aus Securities Lending (Erläuterung 15) | 239 598.22 |
| Sonstige Erträge (Erläuterung 4) | 551 826.91 |
| Total Erträge | 9 598 854.71 |
|  |  |
| Aufwendungen |  |
| Kosten aus Securities Lending (Erläuterung 15) | -95 839.29 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -12 594 028.46 |
| Abonnementsabgabe (Erläuterung 3) | -304 504.73 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -219 589.23 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -75 064.32 |
| Total Aufwendungen | -13 289 026.03 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | -3 690 171.32 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | 36 827 366.79 |
| Realisierter Kursgewinn (-verlust) aus renditebewerteten Wertpapieren und Geldmarktinstrumenten | 1 665.73 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | -24 052 312.84 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | 26 962 046.05 |
| Realisierter Währungsgewinn (-verlust) | 6 479 594.11 |
| Total der realisierten Gewinne (Verluste) | 46 218 359.84 |
|  |  |
| Realisierter Nettogewinn (-verlust) des Geschäftsjahres | 42 528 188.52 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | 71 337 937.17 |
| Nicht realisierte Werterhöhung (-minderung) renditebewerteter Wertpapiere und Geldmarktinstrumente | 32 530.19 |
| Nicht realisierte Werterhöhung (-minderung) von Finanzterminkontrakten | 36 309 201.84 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -9 728 842.70 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 97 950 826.50 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 140 479 015.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Veränderung des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Nettovermögen zu Beginn des Geschäftsjahres | 1 089 453 896.73 |
| Zeichnungen | 140 636 859.82 |
| Rücknahmen | 	-369 109 073.42	 |
| Total Mittelzufluss (-abfluss) | -228 472 213.60 |
| Ausbezahlte Dividende | -5 716 856.99 |
| Nettoerträge (-verluste) aus Anlagen | -3 690 171.32 |
| Total der realisierten Gewinne (Verluste) | 46 218 359.84 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	97 950 826.50	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 140 479 015.02 |
| Nettovermögen am Ende des Geschäftsjahres | 995 743 841.16 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2020-31.5.2021 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 5.5000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -1.7000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 3.8000 |
| Klasse | (CHF hedged) K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 0.9000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -0.9000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | (EUR hedged) K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 0.7000 |
| Anzahl der ausgegebenen Aktien | 0.4000 |
| Anzahl der zurückgegebenen Aktien | -1.1000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | (EUR hedged) K-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 97 177.2680 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -97 177.2680 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | P-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 160 320.1380 |
| Anzahl der ausgegebenen Aktien | 53 404.5070 |
| Anzahl der zurückgegebenen Aktien | -364 925.2760 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 848 799.3690 |
| Klasse | (HKD) P-4%-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 321 698.0890 |
| Anzahl der ausgegebenen Aktien | 9 820.0580 |
| Anzahl der zurückgegebenen Aktien | -186 842.1840 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 144 675.9630 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 3 251 483.0880 |
| Anzahl der ausgegebenen Aktien | 345 473.9130 |
| Anzahl der zurückgegebenen Aktien | -715 780.2230 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 2 881 176.7780 |
| Klasse | (CHF hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 248 563.1140 |
| Anzahl der ausgegebenen Aktien | 107 974.7270 |
| Anzahl der zurückgegebenen Aktien | -278 156.1480 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 078 381.6930 |
| Klasse | (EUR hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1 500 071.3610 |
| Anzahl der ausgegebenen Aktien | 254 265.6360 |
| Anzahl der zurückgegebenen Aktien | -484 994.9110 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 1 269 342.0860 |
| Klasse | (GBP hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 150 416.4500 |
| Anzahl der ausgegebenen Aktien | 19 629.3430 |
| Anzahl der zurückgegebenen Aktien | -87 746.1360 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 82 299.6570 |
| Klasse | (SGD hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 123 715.4990 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -45 704.8530 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 78 010.6460 |
| Klasse | (SGD hedged) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 115 912.0640 |
| Anzahl der ausgegebenen Aktien | 2 825.6840 |
| Anzahl der zurückgegebenen Aktien | -50 115.1870 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 68 622.5610 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Klasse | Q-4%-mdist |
| --- | --- |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 126 701.3320 |
| Anzahl der ausgegebenen Aktien | 20 398.4060 |
| Anzahl der zurückgegebenen Aktien | -61 956.0930 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 85 143.6450 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 639 067.7000 |
| Anzahl der ausgegebenen Aktien | 246 863.9930 |
| Anzahl der zurückgegebenen Aktien | -290 871.9200 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 595 059.7730 |
| Klasse | (CHF hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 327 612.5350 |
| Anzahl der ausgegebenen Aktien | 31 391.3880 |
| Anzahl der zurückgegebenen Aktien | -80 637.9160 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 278 366.0070 |
| Klasse | (EUR hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 820 601.8210 |
| Anzahl der ausgegebenen Aktien | 98 060.6360 |
| Anzahl der zurückgegebenen Aktien | -273 743.0450 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 644 919.4120 |
| Klasse | (GBP hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 32 626.0070 |
| Anzahl der ausgegebenen Aktien | 2 943.1580 |
| Anzahl der zurückgegebenen Aktien | -17 985.7390 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 17 583.4260 |
| Klasse | (SGD hedged) Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 85 603.8240 |
| Anzahl der ausgegebenen Aktien | 12 495.9780 |
| Anzahl der zurückgegebenen Aktien | -15 362.1990 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 82 737.6030 |

| Monatliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| P-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.31 |
| P-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.31 |
| P-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.32 |
| P-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.32 |
| P-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.32 |
| P-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.31 |
| P-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.32 |
| P-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.33 |
| P-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.32 |
| P-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.32 |
| P-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.33 |
| P-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.33 |
| (HKD) P-4%-mdist | 10.6.2020 | 15.6.2020 | HKD | 3.10 |
| (HKD) P-4%-mdist | 10.7.2020 | 15.7.2020 | HKD | 3.14 |
| (HKD) P-4%-mdist | 10.8.2020 | 13.8.2020 | HKD | 3.17 |
| (HKD) P-4%-mdist | 10.9.2020 | 15.9.2020 | HKD | 3.20 |
| (HKD) P-4%-mdist | 12.10.2020 | 15.10.2020 | HKD | 3.17 |
| (HKD) P-4%-mdist | 10.11.2020 | 13.11.2020 | HKD | 3.13 |
| (HKD) P-4%-mdist | 10.12.2020 | 15.12.2020 | HKD | 3.23 |
| (HKD) P-4%-mdist | 11.1.2021 | 14.1.2021 | HKD | 3.27 |
| (HKD) P-4%-mdist | 10.2.2021 | 16.2.2021 | HKD | 3.25 |
| (HKD) P-4%-mdist | 10.3.2021 | 15.3.2021 | HKD | 3.25 |
| (HKD) P-4%-mdist | 12.4.2021 | 15.4.2021 | HKD | 3.27 |
| (HKD) P-4%-mdist | 10.5.2021 | 13.5.2021 | HKD | 3.30 |
| (SGD hedged) P-mdist | 15.6.2020 | 18.6.2020 | SGD | 0.24 |
| (SGD hedged) P-mdist | 15.7.2020 | 20.7.2020 | SGD | 0.17 |
| (SGD hedged) P-mdist | 17.8.2020 | 20.8.2020 | SGD | 0.17 |
| (SGD hedged) P-mdist | 15.9.2020 | 18.9.2020 | SGD | 0.18 |
| (SGD hedged) P-mdist | 15.10.2020 | 20.10.2020 | SGD | 0.18 |
| (SGD hedged) P-mdist | 16.11.2020 | 19.11.2020 | SGD | 0.17 |
| (SGD hedged) P-mdist | 15.12.2020 | 18.12.2020 | SGD | 0.18 |
| (SGD hedged) P-mdist | 15.1.2021 | 20.1.2021 | SGD | 0.18 |
| (SGD hedged) P-mdist | 15.2.2021 | 18.2.2021 | SGD | 0.18 |
| (SGD hedged) P-mdist | 15.3.2021 | 18.3.2021 | SGD | 0.12 |
| (SGD hedged) P-mdist | 15.4.2021 | 20.4.2021 | SGD | 0.12 |
| (SGD hedged) P-mdist | 17.5.2021 | 20.5.2021 | SGD | 0.12 |
| Q-4%-mdist | 10.6.2020 | 15.6.2020 | USD | 0.33 |
| Q-4%-mdist | 10.7.2020 | 15.7.2020 | USD | 0.33 |
| Q-4%-mdist | 10.8.2020 | 13.8.2020 | USD | 0.33 |
| Q-4%-mdist | 10.9.2020 | 15.9.2020 | USD | 0.34 |
| Q-4%-mdist | 12.10.2020 | 15.10.2020 | USD | 0.33 |
| Q-4%-mdist | 10.11.2020 | 13.11.2020 | USD | 0.33 |
| Q-4%-mdist | 10.12.2020 | 15.12.2020 | USD | 0.34 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| --- | --- | --- | --- | --- |
| Q-4%-mdist | 11.1.2021 | 14.1.2021 | USD | 0.35 |
| Q-4%-mdist | 10.2.2021 | 16.2.2021 | USD | 0.34 |
| Q-4%-mdist | 10.3.2021 | 15.3.2021 | USD | 0.34 |
| Q-4%-mdist | 12.4.2021 | 15.4.2021 | USD | 0.35 |
| Q-4%-mdist | 10.5.2021 | 13.5.2021 | USD | 0.35 |
| (SGD hedged) Q-mdist | 15.6.2020 | 18.6.2020 | SGD | 0.24 |
| (SGD hedged) Q-mdist | 15.7.2020 | 20.7.2020 | SGD | 0.17 |
| (SGD hedged) Q-mdist | 17.8.2020 | 20.8.2020 | SGD | 0.18 |
| (SGD hedged) Q-mdist | 15.9.2020 | 18.9.2020 | SGD | 0.18 |
| (SGD hedged) Q-mdist | 15.10.2020 | 20.10.2020 | SGD | 0.18 |
| (SGD hedged) Q-mdist | 16.11.2020 | 19.11.2020 | SGD | 0.17 |
| (SGD hedged) Q-mdist | 15.12.2020 | 18.12.2020 | SGD | 0.18 |
| (SGD hedged) Q-mdist | 15.1.2021 | 20.1.2021 | SGD | 0.18 |
| (SGD hedged) Q-mdist | 15.2.2021 | 18.2.2021 | SGD | 0.18 |
| (SGD hedged) Q-mdist | 15.3.2021 | 18.3.2021 | SGD | 0.12 |
| (SGD hedged) Q-mdist | 15.4.2021 | 20.4.2021 | SGD | 0.12 |
| (SGD hedged) Q-mdist | 17.5.2021 | 20.5.2021 | SGD | 0.12 |

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

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 31. Mai 2021
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Inhaberaktien |  |  |  |
| Australien |  |  |  |
| AUD	AFTERPAY LTD NPV | 785.00 | 56 375.84 | 0.01 |
| AUD	AGL ENERGY NPV | 2 279.00 | 14 324.17 | 0.00 |
| AUD	APA GROUP NPV | 4 051.00 | 28 942.29 | 0.00 |
| AUD	ARISTOCRAT LEISURE NPV | 2 126.00 | 67 553.12 | 0.01 |
| AUD	ASX LTD NPV | 708.00 | 41 792.57 | 0.01 |
| AUD	AURIZON HOLDINGS NPV | 6 372.00 | 17 854.73 | 0.00 |
| AUD	AUSNET SERVICES NPV | 4 666.00 | 6 338.56 | 0.00 |
| AUD	AUST & NZ BANK GRP NPV | 10 407.00 | 231 274.51 | 0.02 |
| AUD	BLUESCOPE STEEL NPV | 1 899.00 | 31 206.42 | 0.00 |
| AUD	BRAMBLES LTD NPV | 5 258.00 | 44 036.91 | 0.01 |
| AUD	CMNWLTH BK OF AUST NPV | 6 492.00 | 501 106.22 | 0.05 |
| AUD	COCHLEAR LTD NPV | 246.00 | 43 232.12 | 0.01 |
| AUD	COMPUTERSHARE LTD NPV(POST REC) | 1 912.00 | 23 250.54 | 0.00 |
| AUD	CROWN RESORTS LTD NPV | 1 259.00 | 12 551.93 | 0.00 |
| AUD	CSL NPV | 1 659.00 | 372 672.87 | 0.04 |
| AUD	DEXUS NPV (STAPLED) | 4 149.00 | 33 496.29 | 0.00 |
| AUD	DOMINOS PIZZA ENT NPV | 199.00 | 16 990.17 | 0.00 |
| AUD	EVOLUTION MINING NPV | 5 356.00 | 22 428.84 | 0.00 |
| AUD	FORTESCUE METALS G NPV | 6 174.00 | 107 192.63 | 0.01 |
| AUD	GOODMAN GROUP (STAPLED SECURITY) | 5 952.00 | 89 516.84 | 0.01 |
| AUD	GPT GROUP NPV (STAPLED SECURITIES) | 7 291.00 | 25 960.55 | 0.00 |
| AUD	INSURANCE AUST GRP NPV | 8 484.00 | 32 966.54 | 0.00 |
| AUD	LEND LEASE GROUP NPV | 2 566.00 | 24 410.55 | 0.00 |
| AUD	MACQUARIE GP LTD NPV | 1 280.00 | 150 529.81 | 0.02 |
| AUD	MAGELLAN FINANCIAL NPV | 488.00 | 18 086.02 | 0.00 |
| AUD	MEDIBANK PRIVATE L NPV | 8 235.00 | 19 951.56 | 0.00 |
| AUD	MIRVAC GROUP STAPLED SECURITIES | 13 667.00 | 29 515.25 | 0.00 |
| AUD	NATL AUSTRALIA BK NPV | 12 162.00 | 253 707.19 | 0.03 |
| AUD	NEWCREST MINING NPV | 2 955.00 | 64 776.84 | 0.01 |
| AUD	NTHN STAR RES LTD NPV | 3 911.00 | 35 419.52 | 0.00 |
| AUD	ORICA LIMITED NPV | 1 386.00 | 14 547.62 | 0.00 |
| AUD	ORIGIN ENERGY NPV | 6 441.00 | 19 793.05 | 0.00 |
| AUD	QANTAS AIRWAYS NPV | 3 186.00 | 11 615.44 | 0.00 |
| AUD	QBE INS GROUP NPV | 5 398.00 | 45 752.62 | 0.01 |
| AUD	RAMSAY HEALTH CARE NPV | 702.00 | 34 504.83 | 0.00 |
| AUD	REA GROUP LIMITED NPV | 192.00 | 24 322.76 | 0.00 |
| AUD	REECE AUSTRALIA NPV | 934.00 | 14 806.28 | 0.00 |
| AUD	RIO TINTO LIMITED NPV | 1 351.00 | 129 389.60 | 0.01 |
| AUD	SANTOS LIMITED NPV | 6 443.00 | 33 763.37 | 0.00 |
| AUD	SCENTRE GROUP NPV STAPLED UNIT | 18 835.00 | 39 655.51 | 0.01 |
| AUD	SEEK LIMITED NPV | 1 264.00 | 29 899.88 | 0.00 |
| AUD	SONIC HEALTHCARE NPV | 1 691.00 | 45 537.28 | 0.01 |
| AUD	SOUL PATTINSON(WH) NPV | 371.00 | 8 488.82 | 0.00 |
| AUD	SOUTH32 LTD NPV | 16 027.00 | 36 968.98 | 0.01 |
| AUD	STOCKLAND NPV (STAPLED) | 8 975.00 | 32 442.95 | 0.00 |
| AUD	SUNCORP GROUP LTD NPV | 4 726.00 | 40 678.74 | 0.01 |
| AUD	SYDNEY AIRPORT NPV(STAPLED SECURITY) | 4 603.00 | 20 914.53 | 0.00 |
| AUD	TABCORP HLDGS LTD NPV | 7 033.00 | 27 818.30 | 0.00 |
| AUD	TELSTRA CORP NPV | 13 377.00 | 36 447.72 | 0.00 |
| AUD	TRANSURBAN GROUP STAPLED UNITS NPV | 9 985.00 | 107 276.98 | 0.01 |
| AUD	TREASURY WINE ESTA NPV | 2 637.00 | 23 759.22 | 0.00 |
| AUD	VICINITY CENTRES NPV (STAPLED SECURITY) | 14 175.00 | 17 116.57 | 0.00 |
| AUD	WESFARMERS LTD NPV | 4 112.00 | 176 300.48 | 0.02 |
| AUD	WESTPAC BKG CORP NPV | 13 270.00 | 271 376.82 | 0.03 |
| AUD	WISETECH GLOBAL LT NPV | 542.00 | 11 843.48 | 0.00 |
| AUD	WOODSIDE PETROLEUM NPV | 3 677.00 | 62 075.23 | 0.01 |
| AUD	WOOLWORTHS GRP LTD NPV | 4 565.00 | 147 065.86 | 0.02 |
| Total Australien |  | 3 881 624.32 | 0.39 |
| Österreich |  |  |  |
| EUR	ERSTE GROUP BK AG NPV | 1 093.00 | 44 928.30 | 0.01 |
| EUR	OMV AG NPV(VAR) | 554.00 | 31 713.44 | 0.00 |
| EUR	RAIFFEISEN BK INTL NPV (REGD) | 660.00 | 15 711.30 | 0.00 |
| EUR	VERBUND AG CLASS’A’NPV | 260.00 | 23 841.68 | 0.00 |
| EUR	VOESTALPINE AG NPV | 443.00 | 20 018.79 | 0.00 |
| Total Österreich |  | 136 213.51 | 0.01 |
| Belgien |  |  |  |
| EUR	ANHEUSER-BUSCH IN NPV | 2 786.00 | 209 692.01 | 0.02 |
| EUR	COLRUYT SA NPV | 233.00 | 14 181.20 | 0.00 |
| EUR	ELIA SYS OPERATOR NPV | 126.00 | 13 495.12 | 0.00 |
| EUR	GPE BRUXELLES LAM NPV | 465.00 | 52 748.42 | 0.01 |
| EUR	PROXIMUS SA NPV | 687.00 | 13 947.55 | 0.00 |
| EUR	SOFINA NPV | 75.00 | 31 159.24 | 0.00 |
| EUR	SOLVAY SA NPV | 263.00 | 35 499.89 | 0.00 |
| EUR	UMICORE NPV | 733.00 | 43 976.65 | 0.01 |
| Total Belgien |  | 414 700.08 | 0.04 |
| Kanada |  |  |  |
| CAD	AIR CANADA VAR VTG SHS NPV | 572.00 | 12 954.16 | 0.00 |
| CAD	ALGONQUIN PWR&UTIL COM NPV | 2 200.00 | 33 725.68 | 0.01 |
| CAD	ALTAGAS LTD COM NPV | 1 030.00 | 20 376.62 | 0.00 |
| CAD	ATCO LTD CL 1 NON VTG | 305.00 | 11 014.94 | 0.00 |
| CAD	B2GOLD CORP COM NPV | 3 900.00 | 19 950.34 | 0.00 |
| CAD	BALLARD POWER SYS COM NPV | 800.00 | 13 912.76 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| CAD | CAE INC COM NPV | 1 027.00 | 31 623.54 | 0.01 |
| CAD | CAMECO CORP COM | 1 436.00 | 28 230.28 | 0.00 |
| CAD | CANADIAN UTILS LTD CL A | 446.00 | 12 932.19 | 0.00 |
| CAD | CANOPY GROWTH CORP COM NPV | 741.00 | 18 554.13 | 0.00 |
| CAD | EMERA INC COM | 955.00 | 44 497.10 | 0.01 |
| CAD | EMPIRE LTD CL A | 613.00 | 20 534.82 | 0.00 |
| CAD | HYDRO ONE INC COM NPV | 1 246.00 | 31 652.79 | 0.01 |
| CAD | IGM FINANCIAL INC COM | 375.00 | 13 809.91 | 0.00 |
| CAD | IVANHOE MINES LTD COM NPV CL’A’ | 1 900.00 | 13 981.46 | 0.00 |
| CAD | KEYERA CORPORATION COM NPV | 809.00 | 20 236.72 | 0.00 |
| CAD | KINROSS GOLD CORP COM NPV | 4 682.00 | 37 708.68 | 0.01 |
| CAD | KIRKLAND LAKE GOLD COM NPV | 946.00 | 40 640.18 | 0.01 |
| CAD | LUNDIN MINING CORP COM | 2 594.00 | 27 548.23 | 0.00 |
| CAD | NORTHLAND POWER IN COM NPV | 709.00 | 23 821.13 | 0.00 |
| CAD | NUVEI CORPORATION SUB VOTING SHARES (CAD) | 200.00 | 15 026.90 | 0.00 |
| CAD | ONEX CORP SUB VTG | 318.00 | 23 095.21 | 0.00 |
| CAD | PAN AMER SILVER COM NPV | 751.00 | 25 325.50 | 0.00 |
| CAD | QUEBECOR INC CL B | 682.00 | 18 488.12 | 0.00 |
| CAD | RITCHIE BROS AUCTIONEERS COM | 428.00 | 25 309.43 | 0.00 |
| CAD | TELUS CORPORATION NPV | 1 534.00 | 34 410.56 | 0.01 |
| CAD | TMX GROUP LTD COM NPV | 157.00 | 17 242.58 | 0.00 |
| CAD | TOROMONT INDS LTD COM | 300.00 | 26 707.23 | 0.00 |
| CAD | WEST FRASER TIMBER COM NPV | 286.00 | 22 115.82 | 0.00 |
| CAD | WSP GLOBAL INC COM NPV | 432.00 | 48 263.42 | 0.01 |
| CAD | YAMANA GOLD INC COM | 3 558.00 | 18 465.91 | 0.00 |
| Total Kanada |  | 752 156.34 | 0.08 |
| Dänemark |  |  |  |
| DKK	A.P. MOELLER-MAERSK SER’B’DKK1000 | 22.00 | 60 868.49 | 0.01 |
| DKK	A.P. MOLLER-MAERSK ‘A’DKK1000 | 11.00 | 29 114.16 | 0.00 |
| DKK	AMBU A/S SER’B’DKK0.5 | 600.00 | 22 390.45 | 0.00 |
| DKK	CHR. HANSEN HLDG DKK10 | 372.00 | 33 414.84 | 0.00 |
| DKK	DANSKE BANK A/S DKK10 | 2 438.00 | 45 289.54 | 0.00 |
| DKK	DSV PANALPINA A/S DKK1 | 738.00 | 178 647.70 | 0.02 |
| DKK	GENMAB AS DKK1 (BEARER) | 236.00 | 95 556.93 | 0.01 |
| DKK	GN STORE NORD DKK4 | 455.00 | 38 671.20 | 0.00 |
| DKK	NOVOZYMES A/S SER’B’DKK2 (POST CONS) | 733.00 | 53 478.23 | 0.01 |
| DKK	ORSTED A/S DKK10 | 678.00 | 102 854.44 | 0.01 |
| DKK	PANDORA A/S DKK1 | 361.00 | 48 877.53 | 0.01 |
| DKK	ROCKWOOL INTL SER’B’DKK10 | 26.00 | 12 938.13 | 0.00 |
| Total Dänemark |  | 722 101.64 | 0.07 |
| Finnland |  |  |  |
| EUR	KESKO OYJ EUR2 SER’B’ | 1 041.00 | 35 981.45 | 0.01 |
| EUR	KONE CORPORATION NPV ORD ‘B’ | 1 281.00 | 103 589.44 | 0.01 |
| EUR	WARTSILA OYJ ABP SER’B’EUR3.50 | 1 912.00 | 25 831.66 | 0.00 |
| Total Finnland |  | 165 402.55 | 0.02 |
| Frankreich |  |  |  |
| EUR	ACCOR EUR3 | 652.00 | 26 194.93 | 0.00 |
| EUR	ADP EUR3 | 101.00 | 13 997.33 | 0.00 |
| EUR	AIR LIQUIDE(L’) EUR5.5 (POST-SUBDIVISION) | 1 737.00 | 295 370.18 | 0.03 |
| EUR	AIRBUS EUR1 | 2 144.00 | 279 594.43 | 0.03 |
| EUR	ALSTOM EUR7.00 | 941.00 | 52 912.12 | 0.01 |
| EUR	AMUNDI EUR2.5 (AIW) | 229.00 | 20 355.04 | 0.00 |
| EUR	ARKEMA EUR10 | 250.00 | 32 935.13 | 0.00 |
| EUR	ATOS SE EUR1 | 363.00 | 24 339.20 | 0.00 |
| EUR	AXA EUR2.29 | 7 003.00 | 193 334.88 | 0.02 |
| EUR	BIOMERIEUX NPV (POST SPLIT) | 171.00 | 19 657.06 | 0.00 |
| EUR	BNP PARIBAS EUR2 | 4 100.00 | 279 968.51 | 0.03 |
| EUR	BOLLORE EUR0.16 | 3 199.00 | 16 708.89 | 0.00 |
| EUR	BOUYGUES EUR1 | 768.00 | 31 343.66 | 0.00 |
| EUR	BUREAU VERITAS EUR0.12 | 1 151.00 | 35 420.99 | 0.00 |
| EUR	CAPGEMINI EUR8 | 591.00 | 110 302.78 | 0.01 |
| EUR	CARREFOUR EUR2.50 | 2 273.00 | 46 466.28 | 0.01 |
| EUR	CIE DE ST-GOBAIN EUR4 | 1 901.00 | 127 415.80 | 0.01 |
| EUR	CNP ASSURANCES EUR1 | 684.00 | 12 402.22 | 0.00 |
| EUR	COVIVIO EUR3 | 196.00 | 18 485.78 | 0.00 |
| EUR	CREDIT AGRICOLE SA EUR3 | 4 101.00 | 61 181.90 | 0.01 |
| EUR	DANONE EUR0.25 | 2 289.00 | 163 161.05 | 0.02 |
| EUR	DASSAULT AVIATION EUR8 | 9.00 | 11 300.95 | 0.00 |
| EUR	DASSAULT SYSTEMES EUR0.50 | 491.00 | 113 010.46 | 0.01 |
| EUR	EDENRED EUR2 | 894.00 | 48 607.89 | 0.01 |
| EUR	EDF EUR0.5 | 1 831.00 | 25 576.84 | 0.00 |
| EUR	EIFFAGE EUR4 | 301.00 | 33 246.71 | 0.00 |
| EUR	ENGIE EUR1 | 6 635.00 | 98 564.24 | 0.01 |
| EUR	ESSILORLUXOTTICA EUR0.18 | 1 036.00 | 179 714.49 | 0.02 |
| EUR	EURAZEO NPV | 169.00 | 15 094.16 | 0.00 |
| EUR	FAURECIA EUR7 | 416.00 | 22 496.37 | 0.00 |
| EUR	GETLINK SE EUR0.40 | 1 727.00 | 27 650.32 | 0.00 |
| EUR	HERMES INTL NPV | 116.00 | 163 456.08 | 0.02 |
| EUR	ILIAD NPV | 60.00 | 9 969.49 | 0.00 |
| EUR	IPSEN EUR1 | 141.00 | 14 270.75 | 0.00 |
| EUR	KERING EUR4 | 275.00 | 251 599.97 | 0.03 |
| EUR	KLEPIERRE EUR1.40 | 658.00 | 19 018.47 | 0.00 |
| EUR	L’OREAL EUR0.20 | 922.00 | 415 178.44 | 0.04 |
| EUR	LEGRAND SA EUR4 | 977.00 | 102 299.47 | 0.01 |
| EUR	LVMH MOET HENNESSY EUR0.30 | 1 006.00 | 801 950.81 | 0.08 |
| EUR	NATIXIS EUR1.6 | 3 242.00 | 16 077.30 | 0.00 |
| EUR	ORANGE EUR4 | 7 262.00 | 92 429.19 | 0.01 |
| EUR	ORPEA EUR2.5 | 181.00 | 22 683.21 | 0.00 |
| EUR	PERNOD RICARD EUR1.55 | 776.00 | 170 922.07 | 0.02 |
| EUR	PUBLICIS GROUPE SA EUR0.40 | 789.00 | 53 539.23 | 0.01 |
| EUR	REMY COINTREAU EUR1.60 | 87.00 | 18 178.73 | 0.00 |
| EUR	RENAULT SA EUR3.81 | 694.00 | 28 709.64 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | SAFRAN EUR0.20 | 1 220.00 | 182 516.21 | 0.02 |
| EUR | SANOFI EUR2 | 4 109.00 | 436 925.87 | 0.05 |
| EUR | SARTORIUS STEDIM B EUR0.20 (POST SUBD) | 107.00 | 46 363.87 | 0.01 |
| EUR | SCHNEIDER ELECTRIC EUR8 | 1 939.00 | 306 770.95 | 0.03 |
| EUR | SCOR SE EUR7.876972 (POST CONS) | 536.00 | 17 432.05 | 0.00 |
| EUR | SEB SA EUR1 | 98.00 | 18 248.54 | 0.00 |
| EUR | SOC GENERALE EUR1.25 | 2 987.00 | 95 702.12 | 0.01 |
| EUR | SODEXO EUR4 | 313.00 | 30 309.00 | 0.00 |
| EUR | SUEZ EUR4 | 1 214.00 | 29 626.57 | 0.00 |
| EUR | TELEPERFORMANCE EUR2.50 | 220.00 | 84 622.05 | 0.01 |
| EUR | THALES EUR3 | 379.00 | 38 859.41 | 0.01 |
| EUR | TOTAL SE EUR2.5 | 9 086.00 | 421 086.57 | 0.04 |
| EUR | UBISOFT ENTERTAIN EUR0.31 | 350.00 | 25 658.53 | 0.00 |
| EUR | UNIBAIL-RODAMCO-WE NPV(1 ORD UNIBAIL-R & 1CLS) | 502.00 | 43 688.17 | 0.01 |
| EUR | VALEO EUR1 (POST SUBD) | 799.00 | 26 132.00 | 0.00 |
| EUR | VEOLIA ENVIRONNEME EUR5 | 1 961.00 | 61 618.75 | 0.01 |
| EUR | VINCI EUR2.50 | 1 867.00 | 212 107.33 | 0.02 |
| EUR | VIVENDI SA EUR5.50 | 2 780.00 | 101 017.30 | 0.01 |
| EUR | WENDEL EUR4 | 95.00 | 13 264.53 | 0.00 |
| EUR | WORLDLINE EUR0.68 | 872.00 | 83 458.28 | 0.01 |
| Total Frankreich |  | 6 892 501.54 | 0.69 |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTOREN WERKE AG EUR1 | 1 203.00 | 127 522.52 | 0.01 |
| EUR	BECHTLE AG NPV | 99.00 | 19 076.27 | 0.00 |
| EUR	BEIERSDORF AG NPV | 376.00 | 44 518.94 | 0.01 |
| EUR	CARL ZEISS MEDITEC NPV | 157.00 | 29 119.73 | 0.00 |
| EUR	COMMERZBANK AG NPV | 3 553.00 | 28 662.20 | 0.00 |
| EUR	CONTINENTAL AG ORD NPV | 400.00 | 59 127.35 | 0.01 |
| EUR	COVESTRO AG NPV | 672.00 | 47 078.87 | 0.01 |
| EUR	DEUTSCHE WOHNEN AG NPV (BR) | 1 269.00 | 80 990.54 | 0.01 |
| EUR	FRESENIUS MED CARE NPV | 811.00 | 64 808.96 | 0.01 |
| EUR	FRESENIUS SE & CO. KGAA NPV | 1 517.00 | 81 878.39 | 0.01 |
| EUR	GEA GROUP AG NPV | 554.00 | 24 296.48 | 0.00 |
| EUR	HEIDELBERGCEMENT NPV | 527.00 | 48 106.17 | 0.01 |
| EUR	HELLOFRESH SE NPV | 619.00 | 56 579.89 | 0.01 |
| EUR	HENKEL AG & CO KGAA | 399.00 | 39 392.87 | 0.00 |
| EUR	KION GROUP AG NPV | 269.00 | 28 751.81 | 0.00 |
| EUR	KNORR BREMSE AG NPV | 280.00 | 34 816.18 | 0.00 |
| EUR	LANXESS AG NPV | 308.00 | 23 084.12 | 0.00 |
| EUR	MERCK KGAA NPV | 445.00 | 80 278.89 | 0.01 |
| EUR	NEMETSCHEK SE ORD NPV | 217.00 | 16 046.25 | 0.00 |
| EUR	PUMA SE NPV | 360.00 | 41 295.25 | 0.00 |
| EUR	RATIONAL AG NPV | 18.00 | 16 175.66 | 0.00 |
| EUR	RWE AG (NEU) NPV | 2 339.00 | 88 224.16 | 0.01 |
| EUR	SAP AG ORD NPV | 3 768.00 | 522 980.42 | 0.05 |
| EUR	SYMRISE AG NPV (BR) | 485.00 | 64 338.90 | 0.01 |
| EUR	TEAMVIEWER AG NPV | 553.00 | 21 886.18 | 0.00 |
| EUR	VOLKSWAGEN AG ORD NPV | 117.00 | 41 713.39 | 0.00 |
| EUR	ZALANDO SE NPV | 564.00 | 60 282.61 | 0.01 |
| Total Deutschland |  | 1 791 033.00 | 0.18 |
| Hongkong |  |  |  |
| HKD	AIA GROUP LTD NPV | 44 200.00 | 564 936.29 | 0.06 |
| HKD	BANK OF EAST ASIA NPV | 4 400.00 | 8 855.22 | 0.00 |
| HKD	BOC HONG KONG HLDG HKD5 | 13 500.00 | 48 790.15 | 0.00 |
| HKD	CHOW TAI FOOK JEWE HKD1 | 3 400.00 | 6 527.26 | 0.00 |
| HKD	CK ASSET HOLDINGS HKD1 | 10 000.00 | 66 226.02 | 0.01 |
| HKD	CK HUTCHISON HLDGS HKD1.0 | 10 000.00 | 78 272.97 | 0.01 |
| HKD	CK INFRASTRUCTURE HKD1 | 2 500.00 | 15 574.07 | 0.00 |
| HKD	CLP HOLDINGS HKD5 | 5 500.00 | 55 876.59 | 0.01 |
| HKD	GALAXY ENTERTAINME HKD0.10 | 8 000.00 | 64 834.50 | 0.01 |
| HKD	HANG LUNG PROP HKD1 | 7 000.00 | 17 659.41 | 0.00 |
| HKD	HANG SENG BANK HKD5 | 2 800.00 | 58 155.21 | 0.01 |
| HKD	HENDERSON LAND DEV HKD2 | 5 000.00 | 23 900.64 | 0.00 |
| HKD	HKT TRUST AND HKT SHARE STAPLED UNIT | 9 000.00 | 12 198.99 | 0.00 |
| HKD	HONG KONG EXCHANGE HKD1 | 4 400.00 | 275 407.47 | 0.03 |
| USD	HONGKONG LAND HLD ORD USD0.10(SINGAPORE REG) | 3 800.00 | 18 468.00 | 0.00 |
| HKD	HONGKONG&CHINA GAS HKD0.25 | 35 000.00 | 60 878.98 | 0.01 |
| USD	JARDINE MATHESON COM USD0.25(BERMUDA REG) | 800.00 | 51 848.00 | 0.01 |
| HKD	MTR CORP HKD1 | 5 500.00 | 30 613.43 | 0.00 |
| HKD	POWER ASSETS HOLDINGS LTD HKD1 | 4 500.00 | 27 511.50 | 0.00 |
| HKD	SINO LAND CO HKD1 | 10 000.00 | 15 693.25 | 0.00 |
| HKD	SJM HOLDINGS LTD. HKD1.00 | 8 000.00 | 9 050.03 | 0.00 |
| HKD	SUN HUNG KAI PROP NPV | 5 000.00 | 76 791.26 | 0.01 |
| HKD	SWIRE PACIFIC ‘A’HKD0.60 | 2 000.00 | 15 023.26 | 0.00 |
| HKD	SWIRE PROPERTIES LTD HKD1 | 3 800.00 | 11 187.56 | 0.00 |
| HKD	TECHTRONIC INDUSTR HKD0.1 | 5 000.00 | 92 317.01 | 0.01 |
| HKD	THE LINK REAL ESTATE INVESTMENT TRUST | 7 900.00 | 75 220.65 | 0.01 |
| HKD	WH GROUP LTD USD0.0001 | 35 500.00 | 30 325.46 | 0.00 |
| HKD	WHARF REAL ESTATE HKD0.1 | 6 000.00 | 35 174.52 | 0.00 |
| HKD	XINYI GLASS HLDGS HKD0.1 | 6 000.00 | 23 965.06 | 0.00 |
| Total Hongkong |  | 1 871 282.76 | 0.19 |
| Irland |  |  |  |
| GBP	DCC ORD EUR0.25 | 361.00 | 30 728.11 | 0.00 |
| EUR	FLUTTER ENTERTAINM ORD EUR0.09 | 599.00 | 111 466.31 | 0.01 |
| EUR	KERRY GROUP ‘A’ORD EUR0.125(DUBLIN LIST) | 621.00 | 83 974.78 | 0.01 |
| Total Irland |  | 226 169.20 | 0.02 |
| Israel |  |  |  |
| ILS	AZRIELI GROUP ILS0.01 | 109.00 | 8 311.31 | 0.00 |
| ILS	BANK HAPOALIM B.M. ILS1 | 3 713.00 | 31 500.78 | 0.00 |
| ILS	BK LEUMI LE ISRAEL ILS1 | 4 891.00 | 38 242.70 | 0.00 |
| USD	CHECK POINT SFTWRE ORD ILS0.01 | 377.00 | 44 101.46 | 0.01 |
| USD	CYBER-ARK SOFTWARE COM ILS0.01 | 200.00 | 25 308.00 | 0.00 |
| ILS	ICL GROUP LTD ILS1 | 2 405.00 | 17 435.05 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| ILS | ISRAEL DISCOUNT BK ILS0.10 SER’A’ | 3 506.00 | 17 419.38 | 0.00 |
| ILS | NICE SYSTEMS ILS1 | 215.00 | 46 990.92 | 0.01 |
| USD | WIX.COM LTD COM ILS0.01 | 200.00 | 51 972.00 | 0.01 |
| Total Israel	281 281.60 | 0.03 |
| Italien |  |  |  |  |
| EUR | AMPLIFON EUR0.02 | 452.00 | 21 525.24 | 0.00 |
| EUR | ASSIC GENERALI SPA EUR1 | 4 253.00 | 87 436.84 | 0.01 |
| EUR | DIASORIN SPA EUR1 | 99.00 | 17 508.78 | 0.00 |
| EUR | FINECOBANK SPA EUR0.33 | 2 210.00 | 37 112.75 | 0.01 |
| EUR | INFRASTRUTTURE WIR NPV | 1 307.00 | 14 631.32 | 0.00 |
| EUR | POSTE ITALIANE SPA NPV | 1 602.00 | 22 652.20 | 0.00 |
| EUR | TELECOM ITALIA SPA DI RISP EUR0.55 | 21 117.00 | 12 098.65 | 0.00 |
| EUR | TELECOM ITALIA SPA EUR0.55 | 27 984.00 | 15 006.54 | 0.00 |
| Total Italien	227 972.32	0.02 |
| Japan |  |  |  |  |
| JPY | ACOM CO NPV | 1 500.00 | 6 705.06 | 0.00 |
| JPY | ADVANTEST CORP NPV | 700.00 | 63 284.43 | 0.01 |
| JPY | AISIN CORPORATION NPV | 600.00 | 26 326.61 | 0.00 |
| JPY | ASAHI INTECC CO LT NPV | 700.00 | 17 328.03 | 0.00 |
| JPY | AZBIL CORP NPV | 400.00 | 16 033.64 | 0.00 |
| JPY | BANDAI NAMCO HLDGS NPV | 700.00 | 50 173.23 | 0.01 |
| JPY | CAPCOM CO LTD NPV | 600.00 | 19 744.96 | 0.00 |
| JPY | CENTRAL JAPAN RLWY NPV | 500.00 | 74 340.69 | 0.01 |
| JPY | CHIBA BANK NPV | 1 900.00 | 12 088.30 | 0.00 |
| JPY | CHUGAI PHARM CO NPV | 2 400.00 | 92 099.27 | 0.01 |
| JPY | CONCORDIA FINANCIA NPV | 3 400.00 | 12 463.09 | 0.00 |
| JPY | COSMOS PHARMACEUTI NPV | 100.00 | 13 922.03 | 0.00 |
| JPY | CYBER AGENT NPV | 1 600.00 | 32 147.72 | 0.01 |
| JPY | DAI-ICHI LIFE HOLD NPV | 4 000.00 | 81 649.07 | 0.01 |
| JPY | DAIFUKU CO LTD NPV | 400.00 | 33 639.56 | 0.00 |
| JPY | DAIICHI SANKYO COM NPV | 6 200.00 | 143 388.64 | 0.02 |
| JPY | DAIKIN INDUSTRIES NPV | 900.00 | 177 745.78 | 0.02 |
| JPY | DAITO TRUST CONST NPV | 200.00 | 21 061.29 | 0.00 |
| JPY | DAIWA HOUSE INDS NPV | 2 100.00 | 61 543.95 | 0.01 |
| JPY | DAIWA HOUSE REIT I REIT | 8.00 | 22 377.62 | 0.00 |
| JPY | DISCO CORPORATION NPV | 100.00 | 30 714.38 | 0.01 |
| JPY | EISAI CO NPV | 900.00 | 60 534.76 | 0.01 |
| JPY | FANUC CORP NPV | 700.00 | 168 289.23 | 0.02 |
| JPY | FAST RETAILING CO NPV | 200.00 | 163 023.90 | 0.02 |
| JPY | FUJI ELECTRIC CO L NPV | 500.00 | 23 447.14 | 0.00 |
| JPY | GLP J-REIT REIT | 15.00 | 25 627.31 | 0.00 |
| JPY | GMO PAYMENT GATEWA NPV | 100.00 | 12 011.52 | 0.00 |
| JPY | HANKYU HANSHIN HLD NPV | 800.00 | 25 010.28 | 0.00 |
| JPY | HARMONIC DRIVE SYS NPV | 100.00 | 5 393.30 | 0.00 |
| JPY | HIKARI TSUSHIN INC NPV | 100.00 | 19 909.50 | 0.00 |
| JPY | HIROSE ELECTRIC NPV | 100.00 | 14 251.11 | 0.00 |
| JPY | HISAMITSU PHARM CO NPV | 200.00 | 10 969.42 | 0.00 |
| JPY | HOSHIZAKI CORPORAT NPV | 200.00 | 17 788.75 | 0.00 |
| JPY | HULIC CO LTD NPV | 1 100.00 | 12 378.08 | 0.00 |
| JPY | IBIDEN CO LTD NPV | 400.00 | 18 574.89 | 0.00 |
| JPY | IDEMITSU KOSAN CO LTD | 700.00 | 16 540.98 | 0.00 |
| JPY | ISUZU MOTORS NPV | 2 000.00 | 26 381.46 | 0.00 |
| JPY | ITO EN LTD NPV | 200.00 | 11 079.12 | 0.00 |
| JPY | ITOCHU TECHNO-SOLU NPV | 300.00 | 9 461.13 | 0.00 |
| JPY | JAPAN EXCHANGE GP NPV | 1 900.00 | 43 941.68 | 0.01 |
| JPY | JAPAN POST INSURAN NPV | 800.00 | 15 357.19 | 0.00 |
| JPY | JAPAN REAL ESTATE INVESTMENT CORP | 5.00 | 30 165.91 | 0.00 |
| JPY | JSR CORP NPV | 700.00 | 20 636.23 | 0.00 |
| JPY | KAJIMA CORP NPV | 1 700.00 | 23 543.12 | 0.00 |
| JPY | KAKAKU.COM. INC NPV | 500.00 | 15 242.93 | 0.00 |
| JPY | KANSAI ELEC POWER NPV | 2 700.00 | 25 619.09 | 0.00 |
| JPY | KANSAI PAINT CO NPV | 600.00 | 16 207.32 | 0.00 |
| JPY | KAO CORP NPV | 1 800.00 | 110 160.43 | 0.01 |
| JPY | KEIO CORPORATION NPV | 400.00 | 24 864.02 | 0.00 |
| JPY | KEISEI ELEC RY CO NPV | 400.00 | 12 340.60 | 0.00 |
| JPY | KIKKOMAN CORP NPV | 500.00 | 32 496.91 | 0.01 |
| JPY | KINTETSU GROUP HOL NPV | 600.00 | 21 170.99 | 0.00 |
| JPY | KIRIN HOLDINGS CO LTD NPV | 3 000.00 | 60 647.20 | 0.01 |
| JPY | KOBAYASHI PHARMACE NPV | 200.00 | 17 770.46 | 0.00 |
| JPY | KOBE BUSSAN CO LTD NPV | 400.00 | 10 106.49 | 0.00 |
| JPY | KOEI TECMO HOLDING NPV | 260.00 | 12 335.12 | 0.00 |
| JPY | KOITO MFG CO LTD NPV | 400.00 | 25 997.53 | 0.00 |
| JPY | KOMATSU NPV | 3 200.00 | 93 693.50 | 0.01 |
| JPY | KOSE CORPORATION NPV | 100.00 | 15 695.42 | 0.00 |
| JPY | KURITA WATER INDS NPV | 400.00 | 18 392.07 | 0.00 |
| JPY | LASERTEC CORP NPV | 300.00 | 56 492.53 | 0.01 |
| JPY | LION CORP NPV | 800.00 | 14 018.92 | 0.00 |
| JPY | M3 INC NPV | 1 600.00 | 108 334.02 | 0.01 |
| JPY | MAKITA CORP NPV | 800.00 | 38 612.37 | 0.01 |
| JPY | MCDONALD’S HOLDING NPV | 200.00 | 9 058.91 | 0.00 |
| JPY | MEIJI HOLDINGS CO NPV | 400.00 | 24 864.02 | 0.00 |
| JPY | MINEBEA MITSUMI INC | 1 400.00 | 38 137.03 | 0.01 |
| JPY | MISUMI GROUP INC NPV | 1 000.00 | 32 176.97 | 0.01 |
| JPY | MITSUBISHI GAS CHM NPV | 600.00 | 14 002.47 | 0.00 |
| JPY | MITSUBISHI HC CAPI NPV | 1 400.00 | 7 806.57 | 0.00 |
| JPY | MITSUI CHEMICALS NPV | 700.00 | 23 483.71 | 0.00 |
| JPY | MITSUI FUDOSAN CO NPV | 3 400.00 | 79 238.54 | 0.01 |
| JPY | MIURA CO LTD NPV | 300.00 | 13 794.05 | 0.00 |
| JPY | MONOTARO CO.LTD NPV | 1 000.00 | 23 236.89 | 0.00 |
| JPY | NABTESCO CORP NPV | 400.00 | 18 355.50 | 0.00 |
| JPY | NH FOODS LTD NPV | 300.00 | 11 997.81 | 0.00 |
| JPY | NIDEC CORPORATION NPV | 1 600.00 | 183 262.49 | 0.02 |
| JPY | NIHON M&A CENTER I NPV | 1 000.00 | 23 949.91 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | NIPPON BUILDING FD REIT | 5.00 | 31 719.91 | 0.01 |
| JPY | NIPPON EXPRESS CO NPV | 200.00 | 16 033.64 | 0.00 |
| JPY | NIPPON PAINT HLDGS NPV | 2 500.00 | 36 199.09 | 0.01 |
| JPY | NIPPON SANSO HOLDI NPV | 500.00 | 9 872.48 | 0.00 |
| JPY | NIPPON SHINYAKU CO NPV | 200.00 | 14 333.38 | 0.00 |
| JPY | NIPPON STEEL CORP NPV | 3 000.00 | 56 355.41 | 0.01 |
| JPY | NISSAN CHEMICAL CO NPV | 400.00 | 20 732.21 | 0.00 |
| JPY | NISSHIN SEIFUN GRP NPV | 700.00 | 10 519.68 | 0.00 |
| JPY | NISSIN FOODS HLDG NPV | 200.00 | 14 497.92 | 0.00 |
| JPY | NITORI HOLDINGS CO LTD | 300.00 | 52 008.78 | 0.01 |
| JPY | NITTO DENKO CORP NPV | 600.00 | 46 565.20 | 0.01 |
| JPY | NOMURA REAL ESTATE HOLDINGS INC | 400.00 | 10 263.72 | 0.00 |
| JPY | NSK LTD NPV | 1 400.00 | 13 296.77 | 0.00 |
| JPY | OBAYASHI CORP NPV | 2 300.00 | 19 384.80 | 0.00 |
| JPY | OBIC CO LTD NPV | 300.00 | 56 273.14 | 0.01 |
| JPY | ODAKYU ELEC RLWY NPV | 1 100.00 | 28 426.34 | 0.00 |
| JPY | OJI HOLDINGS CO NPV | 3 100.00 | 18 391.15 | 0.00 |
| JPY | OLYMPUS CORP NPV | 4 200.00 | 90 261.89 | 0.01 |
| JPY | ONO PHARMACEUTICAL NPV | 1 400.00 | 31 699.80 | 0.01 |
| JPY | ORACLE CORP JAPAN NPV | 100.00 | 9 113.76 | 0.00 |
| JPY | ORIENTAL LAND CO NPV | 700.00 | 104 364.92 | 0.01 |
| JPY | PAN PACIFIC INTERNATIONAL HOLDINGS CORP | 1 500.00 | 29 562.59 | 0.00 |
| JPY | PEPTIDREAM INC NPV | 300.00 | 14 068.28 | 0.00 |
| JPY | PERSOL HOLDINGS CO NPV | 700.00 | 13 277.57 | 0.00 |
| JPY | PIGEON CORP NPV | 400.00 | 11 280.22 | 0.00 |
| JPY | POLA ORBIS HOLDINGS IN NPV | 300.00 | 7 810.23 | 0.00 |
| JPY | RAKUTEN GROUP INC NPV | 3 200.00 | 36 711.00 | 0.01 |
| JPY | RECRUIT HLDGS CO L NPV | 5 000.00 | 253 896.43 | 0.03 |
| JPY | RINNAI CORP NPV | 100.00 | 9 744.50 | 0.00 |
| JPY | RYOHIN KEIKAKU CO NPV | 900.00 | 17 104.07 | 0.00 |
| JPY | SBI HOLDINGS INC NPV | 900.00 | 22 731.39 | 0.00 |
| JPY | SCSK CORP | 200.00 | 11 609.31 | 0.00 |
| JPY | SECOM CO NPV | 800.00 | 62 671.97 | 0.01 |
| JPY | SEKISUI HOUSE NPV | 2 200.00 | 45 811.97 | 0.01 |
| JPY | SHARP CORP NPV | 800.00 | 14 611.27 | 0.00 |
| JPY | SHIMANO INC NPV | 300.00 | 68 010.42 | 0.01 |
| JPY | SHIMIZU CORP NPV | 2 000.00 | 16 399.29 | 0.00 |
| JPY | SHIN-ETSU CHEMICAL NPV | 1 300.00 | 224 064.17 | 0.02 |
| JPY | SHIONOGI & CO NPV | 1 000.00 | 50 797.57 | 0.01 |
| JPY | SHISEIDO CO LTD NPV | 1 400.00 | 101 472.64 | 0.01 |
| JPY | SHIZUOKA BANK NPV | 1 500.00 | 11 888.11 | 0.00 |
| JPY | SMC CORP NPV | 200.00 | 119 786.10 | 0.01 |
| JPY | SQUARE-ENIX HOLDIN NPV | 300.00 | 16 042.78 | 0.00 |
| JPY | STANLEY ELECTRIC NPV | 500.00 | 14 900.13 | 0.00 |
| JPY | SUMITOMO METAL MNG NPV | 900.00 | 40 378.45 | 0.01 |
| JPY | SUNTORY BEVERAGE & NPV | 400.00 | 14 753.87 | 0.00 |
| JPY | SUZUKI MOTOR CORP NPV | 1 300.00 | 56 363.64 | 0.01 |
| JPY | SYSMEX CORP NPV | 600.00 | 61 209.38 | 0.01 |
| JPY | T&D HOLDINGS INC NPV | 2 000.00 | 27 240.73 | 0.00 |
| JPY | TAISEI CORP NPV | 700.00 | 24 443.53 | 0.00 |
| JPY | TAISHO PHARM H NPV | 100.00 | 5 685.82 | 0.00 |
| JPY | TERUMO CORP NPV | 2 300.00 | 88 661.27 | 0.01 |
| JPY | THK CO LTD NPV | 400.00 | 13 017.05 | 0.00 |
| JPY | TIS INC. NPV | 800.00 | 20 585.95 | 0.00 |
| JPY | TOBU RAILWAY CO NPV | 700.00 | 17 833.54 | 0.00 |
| JPY | TOHO CO LTD NPV | 400.00 | 16 582.11 | 0.00 |
| JPY | TOHO GAS CO NPV | 300.00 | 16 454.13 | 0.00 |
| JPY | TOHOKU ELEC POWER NPV | 1 600.00 | 13 017.05 | 0.00 |
| JPY | TOKYO CENTURY CORP NPV | 200.00 | 11 773.85 | 0.00 |
| JPY | TOKYO GAS CO NPV | 1 400.00 | 27 726.13 | 0.00 |
| JPY | TOKYU CORP NPV | 1 900.00 | 25 461.86 | 0.00 |
| JPY | TORAY INDS INC NPV | 5 000.00 | 32 478.63 | 0.01 |
| JPY | TOSOH CORP NPV | 900.00 | 15 738.38 | 0.00 |
| JPY | TOTO LTD NPV | 500.00 | 26 966.50 | 0.00 |
| JPY | TOYO SUISAN KAISHA NPV | 300.00 | 12 038.94 | 0.00 |
| JPY | TOYOTA INDUSTRIES NPV | 500.00 | 42 689.34 | 0.01 |
| JPY | TOYOTA TSUSHO CORP NPV | 800.00 | 35 870.01 | 0.00 |
| JPY | TSURUHA HOLDINGS I NPV | 100.00 | 12 157.78 | 0.00 |
| JPY | USS CO LTD NPV | 800.00 | 13 996.98 | 0.00 |
| JPY | WELCIA HOLDINGS CO NPV | 300.00 | 9 173.18 | 0.00 |
| JPY | YAKULT HONSHA CO NPV | 500.00 | 27 012.20 | 0.00 |
| JPY | YAMAHA CORP NPV | 500.00 | 30 028.79 | 0.00 |
| JPY | YAMATO HOLDINGS CO NPV | 1 100.00 | 30 266.47 | 0.00 |
| JPY | ZOZO INC NPV | 400.00 | 13 547.24 | 0.00 |
| Total Japan | 5 664 374.95 | 0.57 |
| Jersey |  |  |  |  |
| GBP | GLENCORE XSTRATA ORD USD0.01 | 36 519.00 | 166 870.35 | 0.02 |
| Total Jersey |  | 166 870.35 | 0.02 |
| Luxemburg |  |  |  |
| EUR	AROUNDTOWN SA EUR0.01 | 4 021.00 | 33 755.15 | 0.00 |
| Total Luxemburg |  | 33 755.15 | 0.00 |
| Macau |  |  |  |
| HKD	SANDS CHINA LTD USD0.01 REG’S’ | 9 200.00 | 40 954.48 | 0.01 |
| HKD	WYNN MACAU LTD HKD0.10 | 6 800.00 | 11 477.46 | 0.00 |
| Total Macau |  | 52 431.94 | 0.01 |
| Niederlande |  |  |  |
| EUR	AKZO NOBEL NV EUR0.50(POST REV SPLIT) | 728.00 | 93 726.39 | 0.01 |
| EUR	ARGEN X NV EUR0.10 | 170.00 | 46 911.86 | 0.01 |
| EUR	ASM INTL NV EUR0.04 | 156.00 | 49 056.63 | 0.01 |
| EUR	EXOR NV EUR0.01 | 417.00 | 35 791.12 | 0.00 |
| EUR	HEINEKEN HOLDING EUR1.6 | 484.00 | 48 820.41 | 0.01 |
| EUR	HEINEKEN NV EUR1.60 | 958.00 | 114 342.18 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | ING GROEP N.V. EUR0.01 | 14 146.00 | 196 132.18 | 0.02 |
| EUR | JUST EAT TAKEAWAY EUR0.04 | 472.00 | 42 843.22 | 0.00 |
| EUR | KON KPN NV EUR0.04 | 13 261.00 | 44 068.46 | 0.00 |
| EUR | KONINKLIJKE AHOLD EUR0.01 | 3 869.00 | 111 756.48 | 0.01 |
| EUR | KONINKLIJKE PHILIPS NV EUR0.20 | 3 315.00 | 186 543.23 | 0.02 |
| EUR | QIAGEN NV EUR0.01 | 869.00 | 42 807.43 | 0.00 |
| EUR | RANDSTAD N.V. EUR0.10 | 452.00 | 35 225.13 | 0.00 |
| GBP | ROYAL DUTCH SHELL ‘B’SHS EUR0.07 (UK LIST) | 13 511.00 | 246 526.76 | 0.03 |
| EUR | STMICROELECTRONICS EUR1.04 | 2 338.00 | 87 643.32 | 0.01 |
| EUR | VOPAK(KON) EUR0.50 | 377.00 | 17 829.12 | 0.00 |
| EUR | WOLTERS KLUWER EUR0.12 | 1 035.00 | 99 261.33 | 0.01 |
| Total Niederlande |  | 1 499 285.25 | 0.15 |
| Neuseeland |  |  |  |
| NZD	AUCKLAND INTL NPV | 4 224.00 | 22 417.27 | 0.00 |
| NZD	FISHER & PAYKEL HE NPV | 2 059.00 | 44 653.78 | 0.01 |
| NZD	MERCURY NZ LTD NPV | 2 033.00 | 9 701.56 | 0.00 |
| NZD	MERIDIAN ENERGY LT NPV | 4 284.00 | 16 311.07 | 0.00 |
| NZD	RYMAN HEALTHCARE G NPV | 1 579.00 | 15 070.10 | 0.00 |
| NZD	SPARK NEW ZEALAND NPV | 5 677.00 | 18 721.84 | 0.00 |
| NZD	THE A2 MILK CO LTD NPV | 2 610.00 | 11 134.47 | 0.00 |
| AUD	XERO LIMITED NPV | 511.00 | 52 468.32 | 0.01 |
| Total Neuseeland |  | 190 478.41 | 0.02 |
| Norwegen |  |  |  |
| NOK	GJENSIDIGE FORSIKR NOK2 | 548.00 | 12 298.18 | 0.00 |
| NOK	ORKLA ASA NOK1.25 | 2 104.00 | 21 947.31 | 0.00 |
| NOK	SCHIBSTED ASA SER’A’NOK0.50 | 233.00 | 11 426.99 | 0.00 |
| NOK	SCHIBSTED ASA SER’B’NOK0.5 | 314.00 | 13 149.94 | 0.00 |
| NOK	YARA INTERNATIONAL NOK1.7 | 592.00 | 31 687.66 | 0.01 |
| Total Norwegen |  | 90 510.08 | 0.01 |
| Papua-Neuguinea |  |  |  |
| AUD	OIL SEARCH LTD PGK0.10 | 7 356.00 | 20 725.84 | 0.00 |
| Total Papua-Neuguinea |  | 20 725.84 | 0.00 |
| Polen |  |  |  |
| EUR	INPOST S.A. EUR0.01 | 734.00 | 14 705.21 | 0.00 |
| Total Polen |  | 14 705.21 | 0.00 |
| Singapur |  |  |  |
| SGD	CAPITALAND SGD1 | 8 700.00 | 24 105.38 | 0.00 |
| SGD	CITY DEVELOPMENTS SGD0.50 | 2 000.00 | 11 612.85 | 0.00 |
| SGD	DBS GROUP HLDGS SGD1 | 6 600.00 | 150 042.02 | 0.02 |
| SGD	KEPPEL CORP NPV | 4 900.00 | 19 771.38 | 0.00 |
| SGD	MAPLETREE LOGISTICS TRUST-UNITS REIT | 6 800.00 | 10 244.14 | 0.00 |
| SGD	OVERSEA-CHINESE BK NPV | 12 100.00 | 113 218.52 | 0.01 |
| SGD	SINGAPORE AIRLINES NPV | 4 900.00 | 18 473.07 | 0.00 |
| SGD	SINGAPORE EXCHANGE SGD0.01 | 2 800.00 | 21 896.36 | 0.00 |
| SGD	SINGAPORE TECH ENG NPV | 5 400.00 | 15 820.43 | 0.00 |
| SGD	UOL GROUP LIMITED SGD1 | 1 500.00 | 8 391.69 | 0.00 |
| SGD	UTD O/S BANK SGD1 | 4 500.00 | 88 811.08 | 0.01 |
| SGD	VENTURE CORP LTD SGD0.25 | 1 100.00 | 15 838.60 | 0.00 |
| SGD	WILMAR INTERNATIONAL LTD | 6 800.00 | 24 555.06 | 0.01 |
| Total Singapur |  | 522 780.58 | 0.05 |
| Spanien |  |  |  |
| EUR	ACS ACTIVIDADES CO EUR0.5 | 1 016.00 | 31 676.42 | 0.00 |
| EUR	AENA SME S.A. EUR10 | 247.00 | 43 336.22 | 0.01 |
| EUR	AMADEUS IT GROUP EUR0.01 | 1 656.00 | 125 005.50 | 0.01 |
| EUR	CAIXABANK SA EUR1 | 12 994.00 | 44 579.24 | 0.01 |
| EUR	CELLNEX TELECOM SA EUR0.25 | 1 767.00 | 106 033.54 | 0.01 |
| EUR	EDP RENOVAVEIS SA EUR5 | 840.00 | 19 811.33 | 0.00 |
| EUR	ENAGAS SA EUR1.50 | 898.00 | 21 107.89 | 0.00 |
| EUR	ENDESA SA EUR1.2 | 1 214.00 | 33 099.83 | 0.00 |
| EUR	FERROVIAL SA EUR0.2 | 1 835.00 | 53 912.81 | 0.01 |
| EUR	GRIFOLS SA EUR0.25 (CLASS A) POST SUBD | 1 136.00 | 31 709.28 | 0.00 |
| EUR	IBERDROLA SA EUR0.75 (POST SUBDIVISION) | 21 502.00 | 289 052.18 | 0.03 |
| EUR	INDITEX EUR0.03 (POST SUBD) | 3 967.00 | 153 704.50 | 0.02 |
| EUR	NATURGY ENERGY GRO EUR1 | 1 039.00 | 27 223.24 | 0.00 |
| EUR	RED ELECTRICA CORP EUR0.5 | 1 697.00 | 34 068.82 | 0.00 |
| EUR	REPSOL SA EUR1 | 5 824.00 | 77 786.68 | 0.01 |
| EUR	SIEMENS GAMESA REN EUR0.17 | 886.00 | 29 107.41 | 0.00 |
| EUR	TELEFONICA SA EUR1 | 18 464.00 | 90 751.54 | 0.01 |
| Total Spanien |  | 1 211 966.43 | 0.12 |
| Schweden |  |  |  |
| SEK	ASSA ABLOY SER’B’NPV (POST SPLIT) | 3 611.00 | 111 001.17 | 0.01 |
| SEK	ESSITY AB SER’B’NPV | 2 200.00 | 75 984.66 | 0.01 |
| SEK	FASTIGHETS AB BALD SER’B’NPV | 350.00 | 22 252.24 | 0.00 |
| SEK	HUSQVARNA AB SER’B’NPV | 1 458.00 | 21 371.88 | 0.00 |
| SEK	ICA GRUPPEN AB | 353.00 | 17 083.39 | 0.00 |
| SEK	INDUSTRIVARDEN AB SER’C’NPV | 547.00 | 21 485.00 | 0.00 |
| SEK	INDUSTRIVARDEN AB SER’A’NPV | 335.00 | 13 622.68 | 0.00 |
| SEK	LATOUR INVESTMENT SER’B’NPV (POST SPLIT) | 502.00 | 17 174.86 | 0.00 |
| SEK	LUNDBERGFORETAGEN SER’B’NPV | 254.00 | 15 971.11 | 0.00 |
| SEK	LUNDIN ENERGY AB NPV | 660.00 | 22 691.93 | 0.00 |
| SEK	SECURITAS SER’B’NPV | 1 153.00 | 18 458.40 | 0.00 |
| SEK	SINCH AB NPV | 172.00 | 31 787.70 | 0.00 |
| SEK	SKANSKA AB SER’B’NPV | 1 206.00 | 33 916.11 | 0.01 |
| SEK	SVENSKA CELLULOSA SER’B’NPV | 2 139.00 | 35 520.16 | 0.01 |
| SEK	SVENSKA HANDELSBKN SER’A’NPV (P/S) | 5 620.00 | 63 016.76 | 0.01 |
| SEK	TELIA COMPANY AB NPV | 9 096.00 | 39 720.00 | 0.01 |
| SEK	VOLVO AB SER’A’NPV (POST SPLIT) | 517.00 | 13 903.55 | 0.00 |
| Total Schweden |  | 574 961.60 | 0.06 |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021 |  |  |  |

|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Schweiz |  |  |  |  |
| CHF | ROCHE HLDGS AG CHF1(BR) | 37.00 | 13 864.46 | 0.00 |
| CHF | SWATCH GROUP CHF2.25(BR) | 102.00 | 36 950.69 | 0.01 |
| CHF | SWISS RE AG CHF0.10 | 1 058.00 | 101 641.41 | 0.01 |
| CHF | VIFOR PHARMA AG CHF0.01 | 170.00 | 24 809.58 | 0.00 |
| Total Schweiz |  | 177 266.14 | 0.02 |
| Grossbritannien |  |  |  |
| GBP	3I GROUP ORD GBP0.738636 | 3 453.00 | 61 011.90 | 0.01 |
| GBP	ASTRAZENECA ORD USD0.25 | 4 785.00 | 547 279.06 | 0.06 |
| GBP	AVEVA GROUP ORD GBP0.03556 | 416.00 | 20 691.13 | 0.00 |
| GBP	AVIVA ORD GBP0.25 | 14 097.00 | 82 399.89 | 0.01 |
| GBP	BAE SYSTEMS ORD GBP0.025 | 11 693.00 | 87 529.35 | 0.01 |
| GBP	BARRATT DEVEL ORD GBP0.10 | 3 645.00 | 39 191.86 | 0.00 |
| GBP	BRIT AMER TOBACCO ORD GBP0.25 | 8 104.00 | 312 533.15 | 0.03 |
| GBP	BRITISH LAND CO PLC REIT | 3 245.00 | 23 525.11 | 0.00 |
| GBP	BT GROUP ORD GBP0.05 | 32 435.00 | 80 616.96 | 0.01 |
| GBP	BUNZL ORD GBP0.32142857 | 1 230.00 | 39 951.97 | 0.00 |
| USD	COCA-COLA EUROPACI COM EUR0.01 | 792.00 | 47 931.84 | 0.01 |
| GBP	EVRAZ PLC ORD USD1 | 1 871.00 | 16 957.78 | 0.00 |
| GBP	HALMA ORD GBP0.10 | 1 376.00 | 50 933.82 | 0.01 |
| GBP	HIKMA PHARMACEUTIC ORD GBP0.10 | 630.00 | 21 887.12 | 0.00 |
| GBP	INFORMA PLC (GB) ORD GBP0.001 | 5 368.00 | 41 510.53 | 0.00 |
| GBP	JD SPORTS FASHION ORD GBP0.0025 | 1 534.00 | 20 610.85 | 0.00 |
| GBP	JOHNSON MATTHEY ORD GBP1.109245 | 704.00 | 30 482.42 | 0.00 |
| GBP	KINGFISHER ORD GBP0.157142857 | 7 674.00 | 39 303.65 | 0.00 |
| GBP	LAND SECURITIES GP ORD GBP0.106666666 | 2 621.00 | 26 199.48 | 0.00 |
| GBP	LLOYDS BANKING GP ORD GBP0.1 | 256 553.00 | 181 943.88 | 0.02 |
| GBP	MELROSE INDUST PLC ORD GBP0.0685714 | 17 598.00 | 43 201.87 | 0.01 |
| GBP	NATIONAL GRID ORD GBP0.12431289 | 12 876.00 | 171 903.97 | 0.02 |
| GBP	OCADO GROUP PLC ORD GBP0.02 | 1 781.00 | 47 823.65 | 0.01 |
| GBP	RECKITT BENCK GRP ORD GBP0.10 | 2 588.00 | 234 268.66 | 0.02 |
| GBP	RELX PLC GBP0.1444 | 7 010.00 | 183 251.11 | 0.02 |
| GBP	RENTOKIL INITIAL ORD GBP0.01 | 6 709.00 | 45 185.56 | 0.01 |
| GBP	ROLLS-ROYCE HLDGS ORD GBP0.20 | 30 440.00 | 46 308.05 | 0.01 |
| GBP	SAGE GROUP GBP0.01051948 | 4 025.00 | 37 567.62 | 0.00 |
| GBP	SEVERN TRENT ORD GBP0.9789 | 876.00 | 30 545.59 | 0.00 |
| GBP	SMITHS GROUP ORD GBP0.375 | 1 409.00 | 31 034.84 | 0.00 |
| GBP	SPIRAX-SARCO ENG ORD GBP0.269230769 | 269.00 | 48 562.70 | 0.01 |
| GBP	SSE PLC ORD GBP0.50 | 3 749.00 | 82 176.32 | 0.01 |
| GBP	ST JAMES’S PLACE ORD GBP0.15 | 1 924.00 | 38 221.15 | 0.00 |
| GBP	UNITED UTILITIES G ORD GBP0.05 | 2 535.00 | 35 444.05 | 0.00 |
| GBP	WHITBREAD ORD GBP0.76797385 | 702.00 | 31 752.96 | 0.00 |
| GBP	WPP PLC ORD GBP0.10 | 4 392.00 | 60 809.04 | 0.01 |
| Total Grossbritannien |  | 2 940 548.89 | 0.30 |
| Total Inhaberaktien |  | 30 523 099.68 | 3.07 |
| Partizipationsscheine |  |  |  |
| Schweiz |  |  |  |
| CHF	LINDT & SPRUENGLI PTG CERT CHF10 | 8.00 | 76 277.31 | 0.01 |
| CHF	SCHINDLER-HLDG AG PTG CERT CHF0.10(POST-SUBD) | 150.00 | 44 315.34 | 0.00 |
| Total Schweiz |  | 120 592.65 | 0.01 |
| Total Partizipationsscheine |  | 120 592.65 | 0.01 |
| Weitere Aktien |  |  |  |
| Schweiz |  |  |  |
| CHF	ROCHE HLDGS AG GENUSSCHEINE NPV | 2 643.00 | 918 959.36 | 0.09 |
| Total Schweiz |  | 918 959.36 | 0.09 |
| Total Weitere Aktien |  | 918 959.36 | 0.09 |
| Vorzugsaktien |  |  |  |
| Deutschland |  |  |  |
| EUR	BAYERISCHE MOTORENWERKE AG EUR1 | 237.00 | 21 457.32 | 0.00 |
| EUR	FUCHS PETROLUB SE NON-VTG PRF NPV | 256.00 | 12 951.87 | 0.00 |
| EUR	HENKEL AG&CO. KGAA NON-VTG PRF NPV | 653.00 | 74 904.99 | 0.01 |
| EUR	PORSCHE AUTO HL SE NON VTG PRF NPV | 558.00 | 63 107.08 | 0.01 |
| EUR	SARTORIUS AG NON VTG PRF NPV | 106.00 | 52 488.36 | 0.00 |
| EUR	VOLKSWAGEN AG NON VTG PRF NPV | 670.00 | 187 099.68 | 0.02 |
| Total Deutschland |  | 412 009.30 | 0.04 |
| Total Vorzugsaktien |  | 412 009.30 | 0.04 |
| Namensaktien |  |  |  |
| Australien |  |  |  |
| AUD	AMPOL LTD NPV | 847.00 | 18 717.96 | 0.00 |
| AUD	BHP GROUP LTD NPV | 10 760.00 | 398 532.03 | 0.04 |
| GBP	BHP GROUP PLC ORD USD0.50 | 7 713.00 | 232 766.35 | 0.02 |
| AUD	COLES GROUP LTD NPV | 4 701.00 | 60 295.07 | 0.01 |
| Total Australien |  | 710 311.41 | 0.07 |
| Belgien |  |  |  |
| EUR	AGEAS NPV | 684.00 | 44 741.65 | 0.00 |
| EUR	KBC GROUP NV NPV | 894.00 | 73 103.12 | 0.01 |
| EUR	UCB NPV | 484.00 | 45 281.67 | 0.01 |
| Total Belgien |  | 163 126.44 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
| Kanada |  |  |  |  |
| CAD | 1ST QUANTUM MINLS COM NPV | 2 181.00 | 53 617.83 | 0.01 |
| CAD | AGNICO EAGLE MINES LTD COM | 884.00 | 62 570.02 | 0.01 |
| CAD | ALIMENTATION COUCHE TARD INC SUB VTG SH | 3 129.00 | 112 847.06 | 0.01 |
| CAD | BANK NOVA SCOTIA HALIFAX COM | 4 378.00 | 294 294.66 | 0.03 |
| CAD | BANK OF MONTREAL COM NPV | 2 323.00 | 242 644.95 | 0.02 |
| CAD | BARRICK GOLD CORP COM NPV | 6 485.00 | 153 737.60 | 0.02 |
| CAD | BCE INC COM NEW | 309.00 | 15 300.37 | 0.00 |
| CAD | BLACKBERRY LTD NPV | 2 065.00 | 21 195.26 | 0.00 |
| CAD | BROOKFIELD ASSET M LTD VTG SHS NPV CL’A’ | 4 587.50 | 227 913.05 | 0.02 |
| CAD | CAN PACIFIC RYS COM NPV | 2 475.00 | 198 844.05 | 0.02 |
| CAD | CANADIAN NAT RES LTD COM | 4 315.00 | 151 298.24 | 0.02 |
| CAD | CANADIAN NATL RY CO COM | 2 593.00 | 288 683.47 | 0.03 |
| CAD | CANADIAN TIRE LTD CL A | 226.00 | 38 229.75 | 0.00 |
| CAD | CCL INDUSTRIES INC ‘B’NON-VTG COM NPV | 568.00 | 31 820.41 | 0.00 |
| CAD | CDN IMPERIAL BK OF COMMERCE COM | 1 606.00 | 187 054.27 | 0.02 |
| CAD | CENOVUS ENERGY INC COM NPV | 4 927.00 | 41 150.10 | 0.00 |
| CAD | CGI INC COM NPV SUB VOTING SHARES C | 852.00 | 75 686.32 | 0.01 |
| CAD | CONSTELLATION SOFT COM STK NPV | 73.00 | 103 734.81 | 0.01 |
| CAD | DOLLARAMA INC COM NPV | 1 100.00 | 47 802.33 | 0.01 |
| CAD | ENBRIDGE INC COM NPV | 7 264.00 | 275 985.10 | 0.03 |
| CAD | FAIRFAX FINL HLDGS SUB-VTG COM NPV | 103.00 | 48 071.78 | 0.01 |
| CAD | FIRSTSERVICE CORP COM NPV | 100.00 | 16 222.99 | 0.00 |
| CAD | FORTIS INC COM NPV | 1 733.00 | 78 638.41 | 0.01 |
| CAD | FRANCO NEVADA CORP COM NPV | 698.00 | 103 073.59 | 0.01 |
| CAD | GFL ENVIRON INC COM NPV SUB VTG SHS | 700.00 | 22 626.44 | 0.00 |
| CAD | GILDAN ACTIVEWEAR INC COM | 718.00 | 25 692.53 | 0.00 |
| CAD | GREAT WEST LIFECO INC COM | 1 063.00 | 32 916.84 | 0.00 |
| CAD | IA FINANCIAL CORP COM NPV | 419.00 | 24 007.27 | 0.00 |
| CAD | IMPERIAL OIL LTD COM NEW | 952.00 | 32 001.26 | 0.00 |
| CAD | INTACT FINL CORP COM NPV | 537.00 | 72 560.12 | 0.01 |
| CAD | INTER PIPELINE LTD COM NPV | 1 549.00 | 22 502.23 | 0.00 |
| CAD | LIGHTSPEED POS INC SUB VOTING SHARES | 300.00 | 21 785.45 | 0.00 |
| CAD | LOBLAW COS LTD COM | 624.00 | 38 103.20 | 0.00 |
| CAD | MAGNA INTL INC COM NPV | 1 051.00 | 103 647.16 | 0.01 |
| CAD | MANULIFE FINL CORP COM | 7 180.00 | 150 185.08 | 0.02 |
| CAD | METRO INC CL A SUB | 925.00 | 44 347.32 | 0.00 |
| CAD | NATL BK OF CANADA COM NPV | 1 191.00 | 93 665.19 | 0.01 |
| CAD | NUTRIEN LTD NPV | 2 109.00 | 129 811.47 | 0.01 |
| CAD | OPEN TEXT CO COM NPV | 1 001.00 | 47 104.42 | 0.01 |
| CAD | PARKLAND CORP. COM NPV | 600.00 | 19 801.34 | 0.00 |
| CAD | PEMBINA PIPELINE C COM NPV | 1 991.00 | 64 092.36 | 0.01 |
| CAD | POWER CORP CDA COM | 2 041.00 | 66 479.06 | 0.01 |
| CAD | RESTAURANT BRANDS COM NPV | 1 051.00 | 72 459.06 | 0.01 |
| CAD | ROGERS COMMS INC CLASS’B’COM CAD1.62478 | 1 323.00 | 67 677.68 | 0.01 |
| CAD | ROYAL BK OF CANADA COM NPV | 5 184.00 | 532 989.52 | 0.05 |
| CAD | SAPUTO INC COM | 927.00 | 31 651.97 | 0.00 |
| CAD | SHAW COMMUNICATIONS INC CL B CONV | 1 738.00 | 51 517.08 | 0.01 |
| CAD | SHOPIFY INC COM NPV CL A | 408.00 | 499 934.24 | 0.05 |
| CAD | SUN LIFE FINL INC COM | 2 121.00 | 113 555.40 | 0.01 |
| CAD | SUNCOR ENERGY INC COM NPV ‘NEW’ | 5 620.00 | 130 533.23 | 0.01 |
| CAD | TC ENERGY CORPORAT COM NPV | 3 475.00 | 175 231.35 | 0.02 |
| CAD | TECK RESOURCES LTD CLASS’B’SUB-VTG COM NPV | 1 751.00 | 42 553.89 | 0.00 |
| CAD | THOMSON-REUTERS CP COM NPV(POST REV SPLIT) | 630.00 | 60 898.44 | 0.01 |
| CAD | TORONTO-DOMINION COM NPV | 6 536.00 | 470 141.88 | 0.05 |
| CAD | WESTON GEORGE LTD COM | 278.00 | 27 093.55 | 0.00 |
| CAD | WHEATON PRECIOUS M COM NPV | 1 638.00 | 77 649.42 | 0.01 |
| Total Kanada |  | 6 235 631.87 | 0.63 |
| Dänemark |  |  |  |
| DKK	CARLSBERG SER’B’DKK20 | 374.00 | 68 615.39 | 0.01 |
| DKK	COLOPLAST DKK1 B | 426.00 | 67 272.56 | 0.01 |
| DKK	DEMANT A/S DKK0.20 | 373.00 | 20 456.00 | 0.00 |
| DKK	NOVO-NORDISK AS DKK0.2 SER’B’ | 6 240.00 | 493 726.23 | 0.05 |
| DKK	TRYG A/S DKK5 | 1 105.00 | 26 031.20 | 0.00 |
| DKK	VESTAS WIND SYSTEM DKK0.20 (POST SPLIT) | 3 734.00 | 145 358.95 | 0.01 |
| Total Dänemark |  | 821 460.33 | 0.08 |
| Finnland |  |  |  |
| EUR	ELISA OYJ NPV | 635.00 | 37 468.23 | 0.00 |
| EUR	FORTUM OYJ EUR3.40 | 1 667.00 | 47 509.45 | 0.01 |
| EUR	NESTE OIL OYJ NPV | 1 541.00 | 101 553.19 | 0.01 |
| EUR	NOKIA OYJ NPV | 20 878.00 | 108 436.51 | 0.01 |
| SEK	NORDEA HOLDING ABP NPV | 11 572.00 | 124 062.47 | 0.01 |
| EUR	ORION CORP SER’B’NPV | 429.00 | 18 462.99 | 0.00 |
| EUR	SAMPO PLC SER’A’NPV | 1 732.00 | 80 681.70 | 0.01 |
| EUR	STORA ENSO OYJ NPV SER’R’ | 2 137.00 | 37 402.28 | 0.00 |
| EUR	UPM-KYMMENE CORP NPV | 1 972.00 | 75 128.81 | 0.01 |
| Total Finnland |  | 630 705.63 | 0.06 |
| Frankreich |  |  |  |
| EUR	GECINA EUR7.50 | 190.00 | 30 315.61 | 0.00 |
| EUR	LA FRANCAISE DES EUR0.40 (PROMESSES) | 323.00 | 18 383.34 | 0.00 |
| EUR	MICHELIN (CGDE) EUR2 | 632.00 | 97 207.52 | 0.01 |
| Total Frankreich |  | 145 906.47 | 0.01 |
| Deutschland |  |  |  |
| EUR	ADIDAS AG NPV (REGD) | 693.00 | 252 790.90 | 0.03 |
| EUR	ALLIANZ SE NPV(REGD)(VINKULIERT) | 1 490.00 | 392 495.71 | 0.04 |
| EUR	BASF SE NPV | 3 325.00 | 270 993.65 | 0.03 |
| EUR	BAYER AG NPV (REGD) | 3 516.00 | 221 304.15 | 0.02 |
| EUR	BRENNTAG AG | 575.00 | 54 231.25 | 0.01 |
| EUR	DAIMLER AG ORD NPV(REGD) | 3 106.00 | 289 259.45 | 0.03 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| EUR | DELIVERY HERO SE NPV | 557.00 | 76 614.31 | 0.01 |
| EUR | DEUTSCHE BANK AG NPV(REGD) | 7 147.00 | 106 537.10 | 0.01 |
| EUR | DEUTSCHE BOERSE AG NPV(REGD) | 694.00 | 113 447.00 | 0.01 |
| EUR | DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) | 1 122.00 | 14 648.23 | 0.00 |
| EUR | DEUTSCHE POST AG NPV(REGD) | 3 616.00 | 246 697.51 | 0.02 |
| EUR | DEUTSCHE TELEKOM NPV(REGD) | 12 141.00 | 252 262.22 | 0.03 |
| EUR | E.ON SE NPV | 8 386.00 | 101 372.82 | 0.01 |
| EUR | EVONIK INDUSTRIES NPV | 734.00 | 26 249.68 | 0.00 |
| EUR | HANNOVER RUECKVERS ORD NPV(REGD) | 217.00 | 37 966.58 | 0.00 |
| EUR | INFINEON TECHNOLOG AG NPV (REGD) | 4 776.00 | 194 246.86 | 0.02 |
| EUR | LEG IMMOBILIEN SE NPV | 265.00 | 38 847.87 | 0.00 |
| EUR | MTU AERO ENGINES H NPV (REGD) | 198.00 | 51 079.87 | 0.01 |
| EUR | MUENCHENER RUECKVE NPV(REGD) | 514.00 | 148 406.60 | 0.02 |
| EUR | SCOUT24 AG NPV | 362.00 | 29 397.44 | 0.00 |
| EUR | SIEMENS AG NPV(REGD) | 2 785.00 | 451 649.84 | 0.05 |
| EUR | SIEMENS ENERGY AG NPV | 1 473.00 | 46 825.05 | 0.00 |
| EUR | SIEMENS HEALTHINEE NPV | 971.00 | 54 587.14 | 0.01 |
| EUR | TELEFONICA DEUTSCH NPV | 3 864.00 | 10 568.31 | 0.00 |
| EUR | UNIPER SE NPV | 528.00 | 19 127.92 | 0.00 |
| EUR | UNITED INTERNET AG NPV(REGD) | 397.00 | 16 571.28 | 0.00 |
| EUR | VONOVIA SE NPV | 2 010.00 | 125 677.91 | 0.01 |
| Total Deutschland |  | 3 643 856.65 | 0.37 |
| Hongkong |  |  |  |
| HKD	BUDWEISER BREWING USD0.00001 | 6 100.00 | 20 709.80 | 0.00 |
| HKD	ESR CAYMAN LIMITED USD0.001 | 5 800.00 | 18 346.15 | 0.00 |
| HKD	NEW WORLD DEVEL CO NPV POST CON | 6 000.00 | 32 352.83 | 0.01 |
| Total Hongkong |  | 71 408.78 | 0.01 |
| Irland |  |  |  |
| EUR	CRH ORD EUR0.32 | 2 899.00 | 150 887.76 | 0.01 |
| GBP	EXPERIAN ORD USD0.10 | 3 324.00 | 127 718.53 | 0.01 |
| EUR	KINGSPAN GROUP ORD EUR0.13(DUBLIN LISTING) | 578.00 | 54 316.32 | 0.01 |
| EUR	SMURFIT KAPPA GRP ORD EUR0.001 | 1 029.00 | 54 689.90 | 0.01 |
| Total Irland |  | 387 612.51 | 0.04 |
| Isle of Man |  |  |  |
| GBP	ENTAIN PLC ORD EUR0.01 | 2 099.00 | 49 216.61 | 0.00 |
| Total Isle of Man |  | 49 216.61 | 0.00 |
| Israel |  |  |  |
| ILS	MIZRAHI TEFAHOT BK ILS0.01 | 396.00 | 11 800.15 | 0.00 |
| Total Israel |  | 11 800.15 | 0.00 |
| Italien |  |  |  |
| EUR	ATLANTIA SPA EUR1 | 1 782.00 | 35 067.18 | 0.00 |
| EUR	DAVIDE CAMPARI MIL EUR0.01 | 2 148.00 | 27 798.88 | 0.00 |
| EUR	ENEL EUR1 | 29 619.00 | 291 737.32 | 0.03 |
| EUR	ENI SPA EUR1 | 9 412.00 | 115 720.24 | 0.01 |
| EUR	FERRARI NV EUR0.01(NEW) | 468.00 | 98 962.02 | 0.01 |
| EUR	INTESA SANPAOLO NPV | 59 290.00 | 175 174.31 | 0.02 |
| EUR	MEDIOBANCA SPA EUR0.5 | 2 195.00 | 26 193.08 | 0.00 |
| EUR	MONCLER SPA NPV | 727.00 | 51 660.92 | 0.01 |
| EUR	NEXI SPA NPV | 1 618.00 | 32 720.22 | 0.00 |
| EUR	PRYSMIAN SPA EUR0.10 | 879.00 | 30 339.04 | 0.00 |
| EUR	RECORDATI EUR0.125 | 403.00 | 22 414.19 | 0.00 |
| EUR	SNAM EUR1 | 7 104.00 | 41 752.19 | 0.01 |
| EUR	TERNA SPA ORD EUR0.22 | 5 324.00 | 40 670.66 | 0.01 |
| EUR	UNICREDIT SPA NPV (POST REV SPLIT) | 7 541.00 | 96 810.04 | 0.01 |
| Total Italien |  | 1 087 020.29 | 0.11 |
| Japan |  |  |  |
| JPY	ABC-MART INC NPV | 100.00 | 5 713.24 | 0.00 |
| JPY	AEON CO LTD NPV | 2 400.00 | 64 324.69 | 0.01 |
| JPY	AGC INC NPV | 700.00 | 30 586.41 | 0.00 |
| JPY	AJINOMOTO CO INC NPV | 1 700.00 | 39 098.68 | 0.00 |
| JPY	ANA HOLDINGS INC NPV | 600.00 | 14 561.91 | 0.00 |
| JPY	ASAHI GROUP HLDGS NPV | 1 700.00 | 81 103.34 | 0.01 |
| JPY	ASAHI KASEI CORP NPV | 4 600.00 | 50 669.59 | 0.01 |
| JPY	ASTELLAS PHARMA NPV | 6 800.00 | 111 732.71 | 0.01 |
| JPY	BRIDGESTONE CORP NPV | 2 000.00 | 87 865.08 | 0.01 |
| JPY	BROTHER INDUSTRIES NPV | 900.00 | 18 815.30 | 0.00 |
| JPY	CANON INC NPV | 3 700.00 | 86 585.31 | 0.01 |
| JPY	CASIO COMPUTER CO NPV | 700.00 | 12 189.77 | 0.00 |
| JPY	CHUBU ELEC POWER NPV | 2 400.00 | 28 761.83 | 0.00 |
| JPY	DAI NIPPON PRINTNG NPV | 900.00 | 19 407.65 | 0.00 |
| JPY	DAIWA SECS GROUP NPV | 5 500.00 | 31 664.15 | 0.00 |
| JPY	DENSO CORP NPV | 1 600.00 | 109 738.10 | 0.01 |
| JPY	DENTSU GROUP INC NPV | 800.00 | 27 496.69 | 0.00 |
| JPY	EAST JAPAN RAILWAY NPV | 1 100.00 | 76 923.08 | 0.01 |
| JPY	ENEOS HOLDINGS INC NPV | 11 100.00 | 45 913.89 | 0.00 |
| JPY	FUJI FILM HLD CORP NPV | 1 300.00 | 90 623.89 | 0.01 |
| JPY	FUJITSU NPV | 700.00 | 113 803.19 | 0.01 |
| JPY	HAKUHODO DY HLDGS NPV | 800.00 | 13 258.38 | 0.00 |
| JPY	HAMAMATSU PHOTONIC NPV | 500.00 | 30 440.15 | 0.00 |
| JPY	HINO MOTORS NPV | 1 000.00 | 9 305.73 | 0.00 |
| JPY	HITACHI CONST MACH NPV | 400.00 | 13 273.00 | 0.00 |
| JPY	HITACHI METALS NPV | 800.00 | 15 510.76 | 0.00 |
| JPY	HITACHI NPV | 3 500.00 | 183 518.44 | 0.02 |
| JPY	HONDA MOTOR CO NPV | 5 900.00 | 180 837.33 | 0.02 |
| JPY	HOYA CORP NPV | 1 400.00 | 183 646.42 | 0.02 |
| JPY	IIDA GROUP HOLDING NPV | 600.00 | 15 993.42 | 0.00 |
| JPY	INPEX CORPORATION NPV | 3 600.00 | 24 779.93 | 0.00 |
| JPY	ITOCHU CORP NPV | 4 600.00 | 136 618.68 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| JPY | JAPAN AIRLINES CO NPV | 600.00 | 13 706.29 | 0.00 |
| JPY | JAPAN METRO FUND REIT | 20.00 | 20 256.87 | 0.00 |
| JPY | JAPAN POST BANK CO NPV | 1 400.00 | 11 914.62 | 0.00 |
| JPY | JAPAN POST HOLD CO NPV | 5 900.00 | 49 122.17 | 0.01 |
| JPY | JAPAN TOBACCO INC NPV | 4 400.00 | 86 978.38 | 0.01 |
| JPY | JFE HOLDINGS INC NPV | 1 900.00 | 25 322.91 | 0.00 |
| JPY | KDDI CORP NPV | 5 800.00 | 197 071.16 | 0.02 |
| JPY | KEYENCE CORP NPV | 700.00 | 344 704.97 | 0.04 |
| JPY | KONAMI HOLDINGS CORP NPV | 300.00 | 19 251.34 | 0.00 |
| JPY | KUBOTA CORP NPV | 3 800.00 | 86 424.43 | 0.01 |
| JPY | KYOCERA CORP NPV | 1 200.00 | 73 736.46 | 0.01 |
| JPY | KYOWA KIRIN CO LTD NPV | 1 000.00 | 30 257.32 | 0.00 |
| JPY | LAWSON INC NPV | 100.00 | 4 506.60 | 0.00 |
| JPY | LIXIL CORPORATION COM NPV | 1 000.00 | 26 299.19 | 0.00 |
| JPY | MARUBENI CORP NPV | 6 100.00 | 53 937.84 | 0.01 |
| JPY | MAZDA MOTOR CORP NPV | 2 200.00 | 18 803.42 | 0.00 |
| JPY | MEDIPAL HOLDINGS CORP NPV | 700.00 | 13 399.15 | 0.00 |
| JPY | MERCARI INC NPV | 300.00 | 14 232.83 | 0.00 |
| JPY | MITSUBISHI CHEM HL NPV | 4 700.00 | 37 618.90 | 0.00 |
| JPY | MITSUBISHI CORP NPV | 4 900.00 | 133 658.76 | 0.01 |
| JPY | MITSUBISHI ELEC CP NPV | 6 700.00 | 103 628.14 | 0.01 |
| JPY | MITSUBISHI ESTATE NPV | 4 300.00 | 69 711.14 | 0.01 |
| JPY | MITSUBISHI HVY IND NPV | 1 200.00 | 36 363.64 | 0.00 |
| JPY | MITSUBISHI UFJ FIN NPV | 44 400.00 | 251 638.56 | 0.03 |
| JPY | MITSUI & CO NPV | 5 900.00 | 130 194.25 | 0.01 |
| JPY | MIZUHO FINL GP NPV | 8 800.00 | 134 580.19 | 0.01 |
| JPY | MS&AD INSURANCE GROUP HOLDINGS INC NPV | 1 600.00 | 48 894.37 | 0.01 |
| JPY | MURATA MFG CO NPV | 2 100.00 | 158 927.74 | 0.02 |
| JPY | NEC CORP NPV | 900.00 | 42 040.31 | 0.01 |
| JPY | NEXON CO LTD NPV | 1 800.00 | 42 517.48 | 0.01 |
| JPY | NGK INSULATORS NPV | 1 000.00 | 17 532.79 | 0.00 |
| JPY | NINTENDO CO LTD NPV | 400.00 | 247 543.31 | 0.03 |
| JPY | NIPPON PROLOGIS RE REIT | 7.00 | 21 724.03 | 0.00 |
| JPY | NIPPON TEL&TEL CP NPV | 4 600.00 | 123 267.97 | 0.01 |
| JPY | NIPPON YUSEN KK NPV | 600.00 | 24 763.47 | 0.00 |
| JPY | NISSAN MOTOR CO NPV | 8 600.00 | 42 380.91 | 0.01 |
| JPY | NOMURA HOLDINGS NPV | 11 600.00 | 63 728.69 | 0.01 |
| JPY | NOMURA REAL EST MA REIT | 16.00 | 25 361.31 | 0.00 |
| JPY | NOMURA RESEARCH IN NPV | 1 200.00 | 38 283.29 | 0.00 |
| JPY | NTT DATA CORP NPV | 2 300.00 | 37 424.01 | 0.00 |
| JPY | OMRON CORP NPV | 700.00 | 55 157.91 | 0.01 |
| JPY | ORIX CORP NPV | 4 800.00 | 84 749.76 | 0.01 |
| JPY | ORIX JREIT INC REIT | 10.00 | 18 602.31 | 0.00 |
| JPY | OSAKA GAS CO NPV | 1 400.00 | 26 388.77 | 0.00 |
| JPY | OTSUKA CORP NPV | 400.00 | 21 426.94 | 0.00 |
| JPY | OTSUKA HLDGS CO NPV | 1 400.00 | 57 794.23 | 0.01 |
| JPY | PANASONIC CORP NPV | 8 000.00 | 91 192.47 | 0.01 |
| JPY | RENESAS ELECTRONIC NPV | 2 800.00 | 28 513.19 | 0.00 |
| JPY | RESONA HOLDINGS NPV | 7 900.00 | 33 739.02 | 0.00 |
| JPY | RICOH CO NPV | 2 500.00 | 29 663.15 | 0.00 |
| JPY | ROHM CO LTD NPV | 300.00 | 28 438.23 | 0.00 |
| JPY | SANTEN PHARM CO NPV | 1 400.00 | 18 722.98 | 0.00 |
| JPY | SEIKO EPSON CORP NPV | 1 100.00 | 19 457.01 | 0.00 |
| JPY | SEKISUI CHEMICAL NPV | 1 300.00 | 22 162.80 | 0.00 |
| JPY | SEVEN & I HOLDINGS NPV | 2 700.00 | 116 890.17 | 0.01 |
| JPY | SG HOLDINGS CO LTD NPV | 1 200.00 | 26 831.21 | 0.00 |
| JPY | SHIMADZU CORP NPV | 800.00 | 28 045.16 | 0.00 |
| JPY | SOFTBANK CORP NPV | 10 400.00 | 133 713.61 | 0.01 |
| JPY | SOFTBANK GROUP CO NPV | 4 600.00 | 347 160.29 | 0.04 |
| JPY | SOHGO SECURITY SER NPV | 200.00 | 9 159.47 | 0.00 |
| JPY | SOMPO HOLDINGS INC NPV | 1 200.00 | 48 309.34 | 0.01 |
| JPY | SONY GROUP CORPORA NPV | 4 600.00 | 453 503.36 | 0.05 |
| JPY | SUBARU CORPORATION NPV | 2 300.00 | 44 793.18 | 0.01 |
| JPY | SUMCO CORPORATION NPV | 1 000.00 | 23 227.75 | 0.00 |
| JPY | SUMITOMO CHEM CO NPV | 4 900.00 | 26 875.09 | 0.00 |
| JPY | SUMITOMO CORP NPV | 4 400.00 | 61 458.02 | 0.01 |
| JPY | SUMITOMO DAINIPPON PHARMA CO LTD | 700.00 | 13 347.96 | 0.00 |
| JPY | SUMITOMO ELECTRIC NPV | 2 900.00 | 44 443.07 | 0.01 |
| JPY | SUMITOMO MITSUI FG NPV | 4 700.00 | 169 749.07 | 0.02 |
| JPY | SUMITOMO MITSUI TR NPV | 1 200.00 | 41 365.69 | 0.01 |
| JPY | SUMITOMO RLTY&DEV NPV | 1 100.00 | 36 591.25 | 0.01 |
| JPY | TAKEDA PHARMACEUTI NPV | 5 700.00 | 193 777.59 | 0.02 |
| JPY | TDK CORP NPV | 500.00 | 63 714.06 | 0.01 |
| JPY | TOKIO MARINE HLDG NPV | 2 300.00 | 108 887.06 | 0.01 |
| JPY | TOKYO ELEC POWER H NPV | 4 200.00 | 13 015.22 | 0.00 |
| JPY | TOKYO ELECTRON NPV | 500.00 | 222 405.05 | 0.02 |
| JPY | TOPPAN PRINTING CO NPV | 1 000.00 | 17 532.79 | 0.00 |
| JPY | TOSHIBA CORP NPV | 1 400.00 | 58 805.25 | 0.01 |
| JPY | TOYOTA MOTOR CORP NPV | 7 700.00 | 641 578.68 | 0.07 |
| JPY | TREND MICRO INC NPV | 500.00 | 25 366.79 | 0.00 |
| JPY | UNICHARM CORP NPV | 1 400.00 | 55 324.28 | 0.01 |
| JPY | UNITED URBAN INVESTMENT CORP | 11.00 | 15 786.83 | 0.00 |
| JPY | WEST JAPAN RAILWAY NPV | 600.00 | 34 169.75 | 0.00 |
| JPY | YAMADA HOLDINGS CO NPV | 2 500.00 | 12 157.78 | 0.00 |
| JPY | YAMAHA MOTOR CO NPV | 1 100.00 | 32 126.70 | 0.00 |
| JPY | YASKAWA ELEC CORP NPV | 900.00 | 43 685.73 | 0.01 |
| JPY | YOKOGAWA ELECTRIC NPV | 800.00 | 12 673.34 | 0.00 |
| JPY | Z HOLDINGS CORP NPV | 9 600.00 | 45 158.92 | 0.01 |
| Total Japan |  | 8 634 108.23 | 0.87 |
| Luxemburg |  |  |  |
| EUR	ARCELORMITTAL NPV(POST STOCK SPLIT) | 2 599.00 | 85 463.37 | 0.01 |
| EUR	EUROFINS SCIENTIFI EUR0.01 | 495.00 | 53 422.04 | 0.01 |
| EUR	TENARIS S.A. USD1 | 1 741.00 | 19 860.15 | 0.00 |
| Total Luxemburg |  | 158 745.56 | 0.02 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Niederlande |  |  |  |
| EUR	ADYEN NV EUR0.01 | 71.00 | 164 102.13 | 0.02 |
| EUR	AEGON NV EUR0.12 | 6 244.00 | 29 437.57 | 0.00 |
| EUR	ASML HOLDING NV EUR0.09 | 1 536.00 | 1 027 636.35 | 0.10 |
| EUR	CNH INDUSTRIAL NV COM EUR0.01 | 3 841.00 | 66 333.81 | 0.01 |
| EUR	JDE PEETS N.V. EUR0.01 | 335.00 | 13 213.30 | 0.00 |
| EUR	KONINKLIJKE DSM NV EUR1.5 | 638.00 | 117 553.64 | 0.01 |
| EUR	NN GROUP N.V. EUR0.12 | 1 067.00 | 54 178.69 | 0.00 |
| EUR	PROSUS N.V. EUR0.05 | 1 782.00 | 184 998.71 | 0.02 |
| GBP	ROYAL DUTCH SHELL PLC ‘A’SHS EUR0.07 | 14 826.00 | 283 587.35 | 0.03 |
| Total Niederlande |  | 1 941 041.55 | 0.19 |
| Norwegen |  |  |  |
| NOK	ADEVINTA ASA SER’B’NOK0.2 | 808.00 | 15 661.27 | 0.00 |
| NOK	DNB ASA NOK10 | 3 549.00 | 78 707.88 | 0.01 |
| NOK	EQUINOR ASA NOK2.50 | 3 373.00 | 72 842.29 | 0.01 |
| NOK	MOWI ASA NOK7.50 | 1 546.00 | 40 381.74 | 0.00 |
| NOK	NORSK HYDRO ASA NOK3.6666 | 4 803.00 | 31 603.36 | 0.00 |
| NOK	TELENOR ASA ORD NOK6 | 2 342.00 | 40 650.88 | 0.01 |
| Total Norwegen |  | 279 847.42 | 0.03 |
| Portugal |  |  |  |
| EUR	EDP ENERGIAS PORTU EUR1(REGD) | 10 480.00 | 60 286.92 | 0.01 |
| EUR	GALP ENERGIA EUR1-B | 1 893.00 | 23 561.37 | 0.00 |
| EUR	JERONIMO MARTINS EUR5 | 917.00 | 17 748.12 | 0.00 |
| Total Portugal |  | 101 596.41 | 0.01 |
| Singapur |  |  |  |
| SGD	GENTING SINGAPORE LTD | 16 100.00 | 10 299.03 | 0.00 |
| SGD	SINGAPORE TELECOMM NPV | 27 800.00 | 50 719.56 | 0.01 |
| Total Singapur |  | 61 018.59 | 0.01 |
| Spanien |  |  |  |
| EUR	BANCO SANTANDER SA EUR0.50(REGD) | 63 811.00 | 267 135.40 | 0.03 |
| EUR	BBVA(BILB-VIZ-ARG) EUR0.49 | 24 633.00 | 154 683.67 | 0.01 |
| Total Spanien |  | 421 819.07 | 0.04 |
| Schweden |  |  |  |
| SEK	ALFA LAVAL AB NPV | 1 133.00 | 42 752.91 | 0.00 |
| SEK	ATLAS COPCO AB SER’A’NPV (POST SPLIT) | 2 433.00 | 147 525.67 | 0.02 |
| SEK	ATLAS COPCO AB SER’B’NPV (POST SPLIT) | 1 397.00 | 72 072.14 | 0.01 |
| SEK	BOLIDEN AB NPV (POST SPLIT) | 1 025.00 | 41 100.37 | 0.00 |
| SEK	ELECTROLUX AB SER’B’NPV (POST SPLIT) | 800.00 | 22 681.56 | 0.00 |
| SEK	EMBRACER GROUP AB SER’B’NPV (POST SPLIT) | 982.00 | 29 286.39 | 0.00 |
| SEK	EPIROC AB SER’A’NPV (POST SPLIT) | 2 364.00 | 53 510.87 | 0.01 |
| SEK	EPIROC AB SER’B’NPV | 1 365.00 | 27 218.68 | 0.00 |
| SEK	EQT AB NPV | 863.00 | 31 232.52 | 0.00 |
| SEK	ERICSSON SER’B’ NPV | 10 604.00 | 140 615.98 | 0.01 |
| SEK	EVOLUTION AB NPV | 627.00 | 120 028.44 | 0.01 |
| SEK	HENNES & MAURITZ SER’B’NPV | 2 914.00 | 74 447.18 | 0.01 |
| SEK	HEXAGON AB SER’B’NPV (POST SPLIT) | 7 133.00 | 101 676.35 | 0.01 |
| SEK	INVESTOR AB SER’B’NPV (POST SPLIT) | 6 420.00 | 148 340.85 | 0.02 |
| SEK	KINNEVIK AB SER’B’NPV(RED SHS 10/06/21) | 853.00 | 16 253.11 | 0.00 |
| SEK	KINNEVIK AB SER’B’NPV (POST SPLIT) | 853.00 | 32 578.22 | 0.00 |
| SEK	NIBE INDUSTRIER AB SER’B’NPV (POST SPLIT) | 4 292.00 | 46 697.41 | 0.01 |
| SEK	SANDVIK AB NPV (POST SPLIT) | 4 078.00 | 107 504.74 | 0.01 |
| SEK	SKAND ENSKILDA BKN SER’A’NPV | 5 761.00 | 73 678.16 | 0.01 |
| SEK	SKF AB SER’B’NPV | 1 366.00 | 36 883.75 | 0.00 |
| SEK	SWEDBANK AB SER’A’NPV | 3 249.00 | 58 411.63 | 0.01 |
| SEK	SWEDISH MATCH NPV (POST SPLIT) | 5 920.00 | 54 900.75 | 0.01 |
| SEK	TELE2 AB SHS | 1 876.00 | 25 248.02 | 0.00 |
| SEK	VOLVO AB SER’B’NPV (POST SPLIT) | 5 150.00 | 134 833.34 | 0.01 |
| Total Schweden |  | 1 639 479.04 | 0.16 |
| Schweiz |  |  |  |
| CHF	ABB LTD CHF0.12 (REGD) | 6 719.00 | 229 134.07 | 0.02 |
| CHF	ADECCO GROUP AG CHF0.1 (REGD) | 561.00 | 38 637.17 | 0.01 |
| CHF	ALCON AG CHF0.04 | 1 823.00 | 126 810.34 | 0.01 |
| CHF	BALOISE-HLDGS CHF0.1(REGD) | 181.00 | 29 846.33 | 0.00 |
| CHF	BARRY CALLEBAUT AG CHF0.02 (REGD) | 11.00 | 25 171.51 | 0.00 |
| CHF	BQE CANT VAUDOISE CHF1 | 168.00 | 15 597.93 | 0.00 |
| CHF	CLARIANT CHF4.00(REGD) | 749.00 | 16 202.59 | 0.00 |
| GBP	COCA-COLA HBC AG ORD CHF6.70 | 712.00 | 26 001.05 | 0.00 |
| CHF	CREDIT SUISSE GRP CHF0.04(REGD) | 9 088.00 | 99 029.74 | 0.01 |
| CHF	EMS-CHEMIE HLDG AG CHF0.01(REGD)(POST RECON) | 30.00 | 28 120.31 | 0.00 |
| CHF	GEBERIT CHF0.10(REGD) | 135.00 | 97 660.53 | 0.01 |
| CHF	GIVAUDAN AG CHF10 | 34.00 | 151 711.79 | 0.02 |
| CHF	HOLCIM LTD CHF2 (REGD) | 1 902.00 | 113 060.45 | 0.01 |
| CHF	JULIUS BAER GRUPPE CHF0.02 (REGD) | 803.00 | 55 000.61 | 0.01 |
| CHF	KUEHNE&NAGEL INTL CHF1(REGD)(POST-SUBD) | 201.00 | 67 853.00 | 0.01 |
| CHF	LOGITECH INTL CHF0.25(REGD) (POST-SUBD) | 604.00 | 74 815.81 | 0.01 |
| CHF	LONZA GROUP AG CHF1(REGD) | 273.00 | 175 756.94 | 0.02 |
| CHF	NESTLE SA CHF0.10(REGD) | 10 517.00 | 1 294 525.94 | 0.13 |
| CHF	NOVARTIS AG CHF0.50(REGD) | 8 142.00 | 714 478.95 | 0.07 |
| CHF	PARTNERS GROUP HLG CHF0.01 (REGD) | 78.00 | 118 558.96 | 0.01 |
| CHF	RICHEMONT(CIE FIN) CHF1.00 (REG) SER ‘A’ | 1 916.00 | 233 601.38 | 0.02 |
| CHF	SCHINDLER-HLDG AG CHF0.1(REGD)(POST-SUBD) | 77.00 | 22 260.52 | 0.00 |
| CHF	SGS LTD CHF1(REGD) | 22.00 | 68 567.30 | 0.01 |
| CHF	SIKA AG CHF0.01 (REG) | 512.00 | 164 698.50 | 0.02 |
| CHF	SONOVA HOLDING AG CHF0.05 (REGD) | 204.00 | 72 540.39 | 0.01 |
| CHF	STRAUMANN HLDG CHF0.1(REGD) | 39.00 | 61 035.75 | 0.01 |
| CHF	SWATCH GROUP CHF0.45(REGD) | 163.00 | 11 300.44 | 0.00 |
| CHF	SWISS LIFE HLDG CHF5.1(REGD) | 113.00 | 58 601.43 | 0.01 |
| CHF	SWISS PRIME SITE CHF15.3 (REGD) | 310.00 | 31 642.85 | 0.00 |
| CHF	SWISSCOM AG CHF1(REGD) | 93.00 | 52 324.46 | 0.01 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| CHF | TEMENOS AG CHF5 (REGD) | 248.00 | 38 178.24 | 0.00 |
| CHF | UBS GROUP CHF0.10 (REGD) | 13 359.00 | 216 646.49 | 0.02 |
| CHF | ZURICH INSURANCE GRP CHF0.10 | 547.00 | 228 446.32 | 0.02 |
| Total Schweiz |  | 4 757 818.09 | 0.48 |
| Grossbritannien |  |  |  |
| GBP	ADMIRAL GROUP ORD GBP0.001 | 701.00 | 29 286.30 | 0.00 |
| GBP	ANGLO AMERICAN USD0.54945 | 4 781.00 | 213 060.60 | 0.02 |
| GBP	ANTOFAGASTA ORD GBP0.05 | 1 490.00 | 32 713.05 | 0.00 |
| GBP	ASHTEAD GROUP ORD GBP0.10 | 1 619.00 | 118 476.51 | 0.01 |
| GBP	ASSOCD BRIT FOODS ORD GBP0.0568 | 1 294.00 | 42 692.96 | 0.00 |
| GBP	AUTO TRADER GROUP ORD GBP0.01 | 3 459.00 | 27 613.69 | 0.00 |
| GBP	BARCLAYS ORD GBP0.25 | 61 982.00 | 161 324.67 | 0.02 |
| GBP	BERKELEY GP HLDGS ORD GBP0.05 | 449.00 | 29 863.88 | 0.00 |
| GBP	BP ORD USD0.25 | 74 117.00 | 322 551.43 | 0.03 |
| GBP	BURBERRY GROUP ORD GBP0.0005 | 1 460.00 | 44 330.33 | 0.00 |
| GBP	COMPASS GROUP ORD GBP0.1105 | 6 437.00 | 147 180.90 | 0.02 |
| GBP	CRODA INTL ORD GBP0.10609756 | 515.00 | 51 157.23 | 0.01 |
| GBP	DIAGEO ORD GBP0.28 101/108 | 8 506.00 | 411 587.14 | 0.04 |
| GBP	DIRECT LINE INSURA ORD GBP 0.109090909 | 5 049.00 | 21 337.68 | 0.00 |
| GBP	FERGUSON PLC (NEW) ORD GBP0.10 | 811.00 | 110 487.85 | 0.01 |
| GBP	GLAXOSMITHKLINE ORD GBP0.25 | 18 341.00 | 350 456.21 | 0.04 |
| GBP	HARGREAVES LANSDOW ORD GBP0.004 (WI) | 1 223.00 | 28 806.85 | 0.00 |
| GBP	HSBC HLDGS ORD USD0.50(UK REG) | 74 243.00 | 480 507.34 | 0.05 |
| GBP	IMPERIAL BRANDS PL GBP0.10 | 3 473.00 | 78 989.91 | 0.01 |
| GBP	INTERCONTL HOTELS ORD GBP0.208521303 | 610.00 | 42 670.73 | 0.00 |
| GBP	INTERTEK GROUP ORD GBP0.01 | 588.00 | 45 369.50 | 0.01 |
| GBP	LEGAL & GENERAL GP ORD GBP0.025 | 21 485.00 | 86 827.86 | 0.01 |
| GBP	LONDON STOCK EXCH ORD GBP0.06918604 | 1 146.00 | 123 383.41 | 0.01 |
| GBP	M&G PLC ORD GBP0.05 | 9 474.00 | 32 927.53 | 0.00 |
| GBP	MONDI ORD EUR0.20 | 1 727.00 | 46 803.26 | 0.01 |
| GBP	MORRISON(W)SUPRMKT ORD GBP0.10 | 8 847.00 | 22 240.68 | 0.00 |
| GBP	NATWEST GROUP PLC ORD GBP1 | 17 155.00 | 50 478.67 | 0.01 |
| GBP	NEXT ORD GBP0.10 | 477.00 | 55 315.77 | 0.01 |
| GBP	PEARSON ORD GBP0.25 | 2 760.00 | 32 100.77 | 0.00 |
| GBP	PERSIMMON ORD GBP0.10 | 1 141.00 | 51 253.04 | 0.01 |
| GBP	PHOENIX GP HLDGS ORD GBP0.10 | 1 976.00 | 20 662.16 | 0.00 |
| GBP	PRUDENTIAL ORD GBP0.05 | 9 429.00 | 201 183.89 | 0.02 |
| GBP	RIO TINTO ORD GBP0.10 | 4 099.00 | 353 332.82 | 0.04 |
| GBP	RSA INSURANCE GRP ORD GBP1.00 | 3 819.00 | 37 143.23 | 0.00 |
| GBP	SAINSBURY(J) ORD GBP0.28571428 | 6 362.00 | 24 019.75 | 0.00 |
| GBP	SCHRODERS VTG SHS GBP1 | 442.00 | 22 348.74 | 0.00 |
| GBP	SMITH & NEPHEW ORD USD0.20 | 3 153.00 | 69 045.06 | 0.01 |
| GBP	STANDARD CHARTERED ORD USD0.50 | 9 615.00 | 69 404.69 | 0.01 |
| GBP	STD LIFE ABERDEEN ORD GBP0.1396825396 | 8 055.00 | 31 488.00 | 0.00 |
| EUR	STELLANTIS N V COM EUR0.01 | 7 715.00 | 153 357.56 | 0.02 |
| GBP	TAYLOR WIMPEY ORD GBP0.01 | 12 866.00 | 31 347.37 | 0.00 |
| GBP	TESCO ORD GBP0.0633333 | 27 889.00 | 88 505.70 | 0.01 |
| GBP	UNILEVER PLC ORD GBP0.031111 | 9 586.00 | 575 923.98 | 0.06 |
| GBP	VODAFONE GROUP ORD USD0.2095238(POST CONS) | 97 966.00 | 178 668.88 | 0.02 |
| Total Grossbritannien |  | 5 148 227.58 | 0.52 |
| Vereinigte Staaten |  |  |  |
| CAD	BAUSCH HEALTH COMP COM NPV | 1 194.00 | 37 714.63 | 0.00 |
| CAD	BROOKFIELD RENEWA. CLASS A SUB VOTING SHARES | 500.00 | 21 169.61 | 0.00 |
| Total Vereinigte Staaten |  | 58 884.24 | 0.00 |
| Total Namensaktien |  | 37 160 642.92 | 3.73 |
| Depository Receipts |  |  |  |
| China |  |  |  |
| USD	FUTU HOLDINGS LIMI SPON ADS EA REP 8 ORD SHS | 200.00 | 28 454.00 | 0.00 |
| Total China |  | 28 454.00 | 0.00 |
| Hongkong |  |  |  |
| USD	MELCO RESORTS UNSP ARD EACH REP 3 ORD SHS | 800.00 | 13 752.00 | 0.00 |
| Total Hongkong |  | 13 752.00 | 0.00 |
| Irland |  |  |  |
| AUD	JAMES HARDIE ID PLC CUFS EUR0.5 | 1 621.00 | 53 941.06 | 0.01 |
| Total Irland |  | 53 941.06 | 0.01 |
| Israel |  |  |  |
| USD	TEVA PHARMA IND ADR(CNV 1 ORD ILS0.10) | 3 800.00 | 39 520.00 | 0.01 |
| Total Israel |  | 39 520.00 | 0.01 |
| Niederlande |  |  |  |
| EUR	ABN AMRO BANK N.V. DR EACH REP SHS | 1 503.00 | 20 067.06 | 0.00 |
| Total Niederlande |  | 20 067.06 | 0.00 |
| Singapur |  |  |  |
| USD	SEA LTD ADS EACH REP ONE CL A SHS	100.00 | 25 324.00 | 0.00 |
| Total Singapur | 25 324.00 | 0.00 |
| Total Depository Receipts | 181 058.12 | 0.02 |

Zertifikate auf Anlagefonds
| Irland |  |
| --- | --- |
| USD | STAR COMPASS PLC/UBS DYNMC DIVERSIFIED LTD NOTE DUE 30.06.23 | 27 150 000.00 | 44 352 240.00 | 4.45 |
| Total Irland | 44 352 240.00 | 4.45 |
| Total Zertifikate auf Anlagefonds | 44 352 240.00 | 4.45 |
| UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021 |  |  |

| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Investment Fonds, closed end |  |  |  |
| Kanada |  |  |  |
| CAD	CANADIAN APARTMENT PROP. REAL ESTATE INVESTMENT TRUST | 300.00 | 13 752.17 | 0.00 |
| CAD	RIOCAN REAL ESTATE INVESTMENT TRUST | 765.00 | 13 443.38 | 0.00 |
| Total Kanada |  | 27 195.55 | 0.00 |
| Singapur |  |  |  |
| SGD	ASCENDAS REAL ESTATE INVESTMENT TRUST | 10 800.00 | 23 955.49 | 0.01 |
| SGD	CAPITALAND INTEGRATED COMMERCIAL TRUST REAL ESTATE INV TRUST | 14 600.00 | 23 100.04 | 0.00 |
| SGD	MAPLETREE COMMERCIAL REAL ESTATE INVESTMENT TRUST | 5 700.00 | 9 061.66 | 0.00 |
| Total Singapur |  | 56 117.19 | 0.01 |
| Grossbritannien |  |  |  |
| GBP	SEGRO PLC REIT | 4 461.00 | 66 171.59 | 0.01 |
| Total Grossbritannien |  | 66 171.59 | 0.01 |
| Total Investment Fonds, closed end |  | 149 484.33 | 0.02 |
| Anrechte |  |  |  |
| Singapur |  |  |  |
| SGD	SINGAPORE AIRLINES LTD RIGHTS 16.06.21	10 241.00 | 0.08 | 0.00 |
| Total Singapur | 0.08 | 0.00 |
| Total Anrechte | 0.08 | 0.00 |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |  |
| USD | 3M CO 2.25000% 16-19.09.26 | 1 150 000.00 | 1 221 247.02 | 0.12 |
| USD | ABU DHABI,GOVERNMENT OF-REG-S 3.12500% 17-11.10.27 | 2 475 000.00 | 2 704 401.57 | 0.27 |
| USD | ALBERTA, PROVINCE OF 3.30000% 18-15.03.28 | 2 800 000.00 | 3 119 064.72 | 0.31 |
| USD | ALPHABET INC 1.10000% 20-15.08.30 | 3 700 000.00 | 3 457 436.18 | 0.35 |
| USD | ALPHABET INC 1.99800% 16-15.08.26 | 2 150 000.00 | 2 255 000.17 | 0.23 |
| USD | AMERICAN EXPRESS CO 3.40000% 18-27.02.23 | 1 000 000.00 | 1 051 038.30 | 0.11 |
| USD | APPLE INC 1.65000% 20-11.05.30 | 1 789 000.00 | 1 741 856.38 | 0.17 |
| USD | APPLE INC 2.20000% 19-11.09.29 | 2 800 000.00 | 2 869 718.71 | 0.29 |
| USD | APPLE INC 2.40000% 13-03.05.23 | 1 975 000.00 | 2 053 861.29 | 0.21 |
| USD | APPLE INC 2.45000% 16-04.08.26 | 1 575 000.00 | 1 678 247.50 | 0.17 |
| USD | APPLE INC 2.85000% 16-23.02.23 | 750 000.00 | 780 532.50 | 0.08 |
| USD | APPLE INC 3.20000% 17-11.05.27 | 4 850 000.00 | 5 356 272.20 | 0.54 |
| USD | BANK OF NOVA SCOTIA 2.00000% 19-15.11.22 | 1 410 000.00 | 1 446 682.03 | 0.15 |
| USD | BAYER US FINANCE II LLC-REG-S 3.87500% 18-15.12.23 | 1 000 000.00 | 1 075 835.06 | 0.11 |
| USD | BERKSHIRE HATHAWAY FINANCE CORP 1.85000% 20-12.03.30 | 500 000.00 | 498 292.19 | 0.05 |
| USD | BERKSHIRE HATHAWAY INC 3.12500% 16-15.03.26 | 575 000.00 | 630 452.73 | 0.06 |
| USD | BRITISH COLUMBIA, PROVINCE OF 1.75000% 19-27.09.24 | 500 000.00 | 520 495.41 | 0.05 |
| USD | BRITISH COLUMBIA, PROVINCE OF 1.30000% 21-29.01.31 | 1 200 000.00 | 1 145 410.87 | 0.11 |
| USD | CHEVRON CORP 2.23600% 20-11.05.30 | 2 571 000.00 | 2 612 957.75 | 0.26 |
| USD | COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.90000% 18-16.03.28 | 1 000 000.00 | 1 137 581.71 | 0.11 |
| USD | CORPORACION ANDINA DE FOMENTO 4.37500% 12-15.06.22 | 1 150 000.00 | 1 195 873.50 | 0.12 |
| USD | EQUINOR ASA 2.37500% 20-22.05.30 | 1 000 000.00 | 1 017 904.26 | 0.10 |
| USD | EQUINOR ASA 3.62500% 18-10.09.28 | 3 500 000.00 | 3 893 649.20 | 0.39 |
| USD | EUROPEAN INVESTMENT BANK 2.37500% 17-24.05.27 | 1 000 000.00 | 1 074 581.28 | 0.11 |
| USD | EUROPEAN INVESTMENT BANK 0.87500% 20-17.05.30 | 5 800 000.00 | 5 459 738.88 | 0.55 |
| USD | EUROPEAN INVESTMENT BANK 1.25000% 21-14.02.31 | 5 200 000.00 | 4 993 878.24 | 0.50 |
| USD | EXPORT DEVELOPMENT CANADA 2.00000% 17-17.05.22 | 200 000.00 | 203 533.21 | 0.02 |
| USD | EXPORT-IMPORT BANK OF KOREA 3.25000% 15-10.11.25 | 1 200 000.00 | 1 314 600.00 | 0.13 |
| USD | EXPORT-IMPORT BANK OF KOREA 2.75000% 17-25.01.22 | 1 375 000.00 | 1 394 164.06 | 0.14 |
| USD | EXXON MOBIL CORP 3.04300% 16-01.03.26 | 3 050 000.00 | 3 321 913.63 | 0.33 |
| USD | EXXON MOBIL CORP 3.48200% 20-19.03.30 | 1 500 000.00 | 1 658 951.77 | 0.17 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.37500% 17-07.07.27 | 900 000.00 | 962 237.30 | 0.10 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.25000% 19-18.06.29 | 2 450 000.00 | 2 588 032.53 | 0.26 |
| USD | INTER-AMERICAN DEVELOPMENT BANK 2.00000% 19-23.07.26 | 1 500 000.00 | 1 580 246.47 | 0.16 |
| USD | INTERNATIONAL BUSINESS MACHINES CORP 2.85000% 19-13.05.22 | 700 000.00 | 717 791.24 | 0.07 |
| USD | INTERNATIONAL DVPT ASSOCIATION-REG-S 1.00000% 20-03.12.30 | 825 000.00 | 775 562.70 | 0.08 |
| USD | INTL BK FOR RECONSTR & DEVT WORLD BANK 2.12500% 17-13.12.21 | 900 000.00 | 909 176.77 | 0.09 |
| USD | INTL BK FOR RECONSTR & DEVT WORLD BANK 1.75000% 19-23.10.29 | 1 900 000.00 | 1 932 196.49 | 0.19 |
| USD | JOHNSON & JOHNSON 1.30000% 20-01.09.30 | 2 500 000.00 | 2 396 946.48 | 0.24 |
| USD | JOHNSON & JOHNSON 2.90000% 17-15.01.28 | 1 000 000.00 | 1 092 868.29 | 0.11 |
| USD | JOHNSON & JOHNSON 3.37500% 13-05.12.23 | 775 000.00 | 837 876.03 | 0.08 |
| USD | KOREA DEVELOPMENT BANK 2.75000% 17-19.03.23 | 850 000.00 | 885 753.13 | 0.09 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.00000% 12-19.09.22 | 1 150 000.00 | 1 188 668.75 | 0.12 |
| USD | KOREA HYDRO&NUCLEAR POWER CO LTD-REG-S 3.12500% 17-25.07.27 | 2 575 000.00 | 2 811 694.00 | 0.28 |
| USD | KOREA SOUTH-EAST POWER CO LTD-REG-S 2.12500% 20-03.02.25 | 800 000.00 | 827 896.00 | 0.08 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.12500% 13-17.01.23 | 625 000.00 | 644 683.67 | 0.06 |
| USD | KREDITANSTALT FUER WIEDERAUFBAU 2.00000% 15-02.05.25 | 1 075 000.00 | 1 132 757.63 | 0.11 |
| USD | KUWAIT INTERNATIONAL GOVT BOND-REG-S 3.50000% 17-20.03.27 | 4 400 000.00 | 4 876 575.00 | 0.49 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 2.00000% 15-13.01.25 | 3 200 000.00 | 3 365 286.69 | 0.34 |
| USD | LANDWIRTSCHAFTLICHE RENTENBANK 0.87500% 20-03.09.30 | 1 000 000.00 | 931 580.95 | 0.09 |
| USD | MANITOBA, PROVINCE OF 2.12500% 17-04.05.22 | 1 300 000.00 | 1 323 200.02 | 0.13 |
| USD | MICROSOFT CORP 2.65000% 15-03.11.22 | 2 950 000.00 | 3 041 028.74 | 0.31 |
| USD | MICROSOFT CORP 2.87500% 17-06.02.24 | 1 575 000.00 | 1 675 692.65 | 0.17 |
| USD | MICROSOFT CORP 3.30000% 17-06.02.27 | 4 175 000.00 | 4 651 729.85 | 0.47 |
| USD | NATIONAL AUSTRALIA BANK LTD/NY 2.50000% 16-12.07.26 | 2 300 000.00 | 2 451 268.01 | 0.25 |
| USD | NESTLE HOLDINGS INC-REG-S 1.25000% 20-15.09.30 | 2 062 000.00 | 1 936 854.64 | 0.19 |
| USD | NEW YORK LIFE GLOBAL FUNDING-REG-S 3.00000% 18-10.01.28 | 1 900 000.00 | 2 047 032.58 | 0.21 |
| USD | NORDIC INVESTMENT BANK 2.25000% 14-30.09.21 | 450 000.00 | 453 163.45 | 0.05 |
| USD | NOVARTIS CAPITAL CORP 2.40000% 12-21.09.22 | 1 700 000.00 | 1 748 093.00 | 0.18 |
| USD | NOVARTIS CAPITAL CORP 3.10000% 17-17.05.27 | 2 600 000.00 | 2 858 791.11 | 0.29 |
| USD | NOVARTIS CAPITAL CORP 2.20000% 20-14.08.30 | 1 500 000.00 | 1 529 154.09 | 0.15 |
| USD | QATAR, STATE OF-REG-S 2.37500% 16-02.06.21 | 2 450 000.00 | 2 449 755.00 | 0.25 |
| USD | QATAR, STATE OF-REG-S 3.37500% 19-14.03.24 | 1 000 000.00 | 1 076 437.50 | 0.11 |
| USD | QATAR, STATE OF-REG-S 4.00000% 19-14.03.29 | 3 300 000.00 | 3 795 000.00 | 0.38 |
| USD | QUEBEC, PROVINCE OF 2.50000% 16-20.04.26 | 3 125 000.00 | 3 357 241.81 | 0.34 |
| USD | ROCHE HOLDINGS INC-REG-S 3.62500% 18-17.09.28 | 2 000 000.00 | 2 261 245.14 | 0.23 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  |  | Nominal | NR Kursgewinn | Netto- |
|  |  |  | (-verlust) auf Futures/ | vermögens |
|  |  |  | Devisentermin- |  |
|  |  |  | kontrakten/ |  |
|  |  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | SHELL INTERNATIONAL FINANCE BV 2.25000% 12-06.01.23 | 600 000.00 | 619 874.92 | 0.06 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.87500% 16-10.05.26 | 3 175 000.00 | 3 448 022.25 | 0.35 |
| USD | SHELL INTERNATIONAL FINANCE BV 2.75000% 20-06.04.30 | 1 500 000.00 | 1 575 163.47 | 0.16 |
| USD | SINOPEC GROUP OVERSEAS DEV 2013-REG-S 4.37500% 13-17.10.23 | 250 000.00 | 270 595.00 | 0.03 |
| USD | STATE STREET CORP 2.40000% 20-24.01.30 | 872 000.00 | 897 099.51 | 0.09 |
| USD | TEMASEK FINANCIAL I LTD-REG-S 2.37500% 12-23.01.23 | 850 000.00 | 878 368.84 | 0.09 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.70000% 13-15.01.24 | 650 000.00 | 704 535.72 | 0.07 |
| USD | TOTAL CAPITAL INTERNATIONAL SA 3.45500% 19-19.02.29 | 1 000 000.00 | 1 100 240.32 | 0.11 |
| USD | VISA INC 2.05000% 20-15.04.30 | 1 300 000.00 | 1 318 425.77 | 0.13 |
| USD | VISA INC 3.15000% 15-14.12.25 | 1 375 000.00 | 1 507 712.63 | 0.15 |
| USD | WALMART INC 2.55000% 13-11.04.23 | 1 375 000.00 | 1 428 013.46 | 0.14 |
| USD | WALMART INC 3.70000% 18-26.06.28 | 1 500 000.00 | 1 702 260.24 | 0.17 |
| USD | WESTPAC BANKING CORP 2.85000% 16-13.05.26 | 2 500 000.00 | 2 703 582.50 | 0.27 |
| USD | WESTPAC BANKING CORP 3.35000% 17-08.03.27 | 1 000 000.00 | 1 111 057.80 | 0.11 |
| Total USD |  |  | 149 263 642.46 | 14.99 |
| Total Notes, fester Zins |  | 149 263 642.46 | 14.99 |
| Medium-Term Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	ABU DHABI, EMIRATE OF-REG-S 3.12500% 20-16.04.30 | 2 000 000.00 | 2 170 000.00 | 0.22 |
| USD	AFRICAN DEVELOPMENT BANK 2.37500% 14-23.09.21 | 925 000.00 | 931 456.41 | 0.09 |
| USD	ASB FINANCE LTD-REG-S 2.12500% 16-01.09.21 | 700 000.00 | 702 982.00 | 0.07 |
| USD	ASIAN DEVELOPMENT BANK 2.00000% 17-16.02.22 | 200 000.00 | 202 653.40 | 0.02 |
| USD	ASIAN DEVELOPMENT BANK 2.50000% 17-02.11.27 | 2 900 000.00 | 3 125 893.79 | 0.31 |
| USD	ASIAN DEVELOPMENT BANK 1.75000% 19-19.09.29 | 4 000 000.00 | 4 034 639.52 | 0.41 |
| USD	BANK OF MONTREAL 1.90000% 16-27.08.21 | 750 000.00 | 753 187.44 | 0.08 |
| USD	BANK OF NEW YORK CO INC 0.75000% 21-28.01.26 | 1 500 000.00 | 1 489 497.27 | 0.15 |
| USD	CAISSE D’AMOR DE LA DETTE SOCIALE-REG-S 3.37500% 14-20.03.24 | 650 000.00 | 704 022.99 | 0.07 |
| USD	CLIFFORD CAPITAL PTE LTD-REG-S 1.73300% 19-10.09.24 | 1 200 000.00 | 1 237 560.00 | 0.12 |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 3.15000% 17-19.09.27 | 625 000.00 | 688 241.74 | 0.07 |
| USD	CPPIB CAPITAL INC-REG-S 2.75000% 17-02.11.27 | 3 125 000.00 | 3 400 049.28 | 0.34 |
| USD	IDB TRUST SERVICES LTD-REG-S 2.26100% 17-26.09.22 | 1 800 000.00 | 1 841 223.60 | 0.19 |
| USD	INTER-AMERICAN DEVELOPMENT BANK 1.12500% 21-13.01.31 | 2 000 000.00 | 1 899 211.30 | 0.19 |
| USD	INTERNATIONAL FINANCE CORP 2.12500% 16-07.04.26 | 1 000 000.00 | 1 061 310.53 | 0.11 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 17-22.11.27 | 3 195 000.00 | 3 445 357.61 | 0.35 |
| USD	JAPAN TOBACCO INC-REG-S 2.80000% 16-13.04.26 | 1 800 000.00 | 1 918 026.00 | 0.19 |
| USD	KOMMUNEKREDIT-REG-S 1.62500% 16-01.06.21 | 425 000.00 | 425 000.00 | 0.04 |
| USD	KOREA DEVELOPMENT BANK 1.75000% 20-18.02.25 | 375 000.00 | 384 959.73 | 0.04 |
| USD	MDGH - GMTN BV-REG-S 3.00000% 17-19.04.24 | 1 000 000.00 | 1 060 500.00 | 0.11 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 19-07.11.29 | 2 500 000.00 | 2 606 400.00 | 0.26 |
| USD	MDGH - GMTN BV-REG-S 2.87500% 20-21.05.30 | 1 500 000.00 | 1 561 275.00 | 0.16 |
| USD	MORGAN STANLEY 3.12500% 16-27.07.26 | 800 000.00 | 870 954.04 | 0.09 |
| USD	MTR CORP CI LTD-REG-S 2.50000% 16-02.11.26 | 2 000 000.00 | 2 125 081.60 | 0.21 |
| USD	NEDERLANDSE WATERSCHAPSBK NV-REG-S 3.00000% 18-21.12.21 | 425 000.00 | 431 545.00 | 0.04 |
| USD	NESTLE HOLDINGS INC-REG-S 2.37500% 17-18.01.22 | 650 000.00 | 658 508.50 | 0.07 |
| USD	NESTLE HOLDINGS INC-REG-S 3.12500% 18-22.03.23 | 1 330 000.00 | 1 396 069.08 | 0.14 |
| USD	NISSAN MOTOR ACCEPTANCE CORP-REG-S 2.60000% 17-28.09.22 | 400 000.00 | 409 248.38 | 0.04 |
| USD	NORDRHEIN-WESTFALEN, STATE OF-REG-S 2.25000% 15-16.04.25 | 700 000.00 | 742 676.20 | 0.07 |
| USD	SAUDI GOVERNMENT INTERNATIONAL BD-REG-S 2.50000% 20-03.02.27 | 1 700 000.00 | 1 767 468.75 | 0.18 |
| USD	SP POWERASSETS LTD-REG-S 3.25000% 15-24.11.25 | 1 000 000.00 | 1 097 097.50 | 0.11 |
| USD	SUMITOMO MITSUI BANKING CORP-REG-S 2.44000% 19-18.06.24 | 586 000.00 | 618 552.18 | 0.06 |
| USD	TOYOTA MOTOR CREDIT CORP 2.60000% 17-11.01.22 | 1 225 000.00 | 1 242 916.75 | 0.12 |
| Total USD |  | 47 003 565.59 | 4.72 |
| Total Medium-Term Notes, fester Zins |  | 47 003 565.59 | 4.72 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	BNG BANK NV-REG-S 2.37500% 16-16.03.26 | 1 000 000.00 | 1 070 778.00 | 0.11 |
| USD	CAISSE D’AMORTIS DE LA DETTE SOC-REG-S 1.87500% 15-12.02.22 | 550 000.00 | 556 641.51 | 0.06 |
| USD	CANADIAN IMPERIAL BANK OF COM/CAN-REG-S 2.35000% 17-27.07.22 | 875 000.00 | 896 916.39 | 0.09 |
| USD	CENTRAL JAPAN RAILWAY CO-REG-S 3.40000% 18-06.09.23 | 1 400 000.00 | 1 483 064.94 | 0.15 |
| USD	DBS BANK LTD-REG-S 3.30000% 18-27.11.21 | 420 000.00 | 426 229.23 | 0.04 |
| USD	DNB BOLIGKREDITT AS-REG-S 2.50000% 17-28.03.22 | 750 000.00 | 763 891.50 | 0.08 |
| USD	FAB SUKUK CO LTD-REG-S 3.87500% 19-22.01.24 | 1 100 000.00 | 1 182 156.25 | 0.12 |
| USD	FMS WERTMANAGEMENT 2.00000% 17-01.08.22 | 475 000.00 | 485 254.54 | 0.05 |
| USD	ING BANK NV-REG-S 2.62500% 12-05.12.22 | 300 000.00 | 310 678.20 | 0.03 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 14-25.11.24 | 625 000.00 | 667 771.64 | 0.07 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 2.50000% 15-29.07.25 | 2 000 000.00 | 2 148 530.13 | 0.22 |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.87500% 20-14.05.30 | 1 800 000.00 | 1 684 555.65 | 0.17 |
| USD	KOREA GAS CORP-REG-S 2.87500% 19-16.07.29 | 1 600 000.00 | 1 692 800.00 | 0.17 |
| USD	KOREA NATIONAL OIL CORP-REG-S 3.25000% 14-10.07.24 | 1 550 000.00 | 1 669 788.65 | 0.17 |
| USD	KOREA NATIONAL OIL CORP-REG-S 1.62500% 20-05.10.30 | 800 000.00 | 752 170.88 | 0.07 |
| USD	KOREA, REPUBLIC OF 3.87500% 13-11.09.23 | 1 100 000.00 | 1 185 112.50 | 0.12 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 2.50000% 14-20.11.24 | 1 250 000.00 | 1 335 692.89 | 0.13 |
| USD	KREDITANSTALT FUER WIEDERAUFBAU 0.75000% 20-30.09.30 | 2 500 000.00 | 2 313 156.05 | 0.23 |
| USD	NATIONWIDE BUILDING SOCIETY-REG-S 1.70000% 20-13.02.23 | 1 283 000.00 | 1 312 337.84 | 0.13 |
| USD	NOVARTIS CAPITAL CORP 3.40000% 14-06.05.24 | 450 000.00 | 489 879.34 | 0.05 |
| USD	OESTERREICHISCHE KONTROLLBANK AG 2.37500% 14-01.10.21 | 450 000.00 | 453 338.95 | 0.04 |
| USD	ONTARIO, PROVINCE OF 1.12500% 20-07.10.30 | 2 800 000.00 | 2 624 095.94 | 0.26 |
| USD	ONTARIO, PROVINCE OF 3.20000% 14-16.05.24 | 2 000 000.00 | 2 159 093.42 | 0.22 |
| USD	SWEDBANK AB-REG-S 2.80000% 17-14.03.22 | 400 000.00 | 408 143.01 | 0.04 |
| Total USD |  | 28 072 077.45 | 2.82 |
| Total Anleihen, fester Zins |  | 28 072 077.45 | 2.82 |
| Treasury-Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 2.62500% 19-15.02.29 | 28 000.00 | 30 567.03 | 0.00 |
| USD	AMERICA, UNITED STATES OF 1.50000% 15-31.01.22 | 5 000.00 | 5 047.85 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | AMERICA, UNITED STATES OF 2.25000% 17-15.02.27 | 1 505 000.00 | 1 610 702.74 | 0.16 |
| USD | AMERICA, UNITED STATES OF 1.75000% 13-15.05.23 | 1 000.00 | 1 031.09 | 0.00 |
| USD | AMERICA, UNITED STATES OF 0.62500% 20-15.05.30 | 10 501 000.00 | 9 698 247.80 | 0.98 |
| USD | AMERICA, UNITED STATES OF 1.12500% 21-15.02.31 | 4 700 000.00 | 4 499 515.63 | 0.45 |
| Total USD |  |  | 15 845 112.14 | 1.59 |
| Total Treasury-Notes, fester Zins |  | 15 845 112.14 | 1.59 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3.875%/CPI LINKED 99-15.04.29 | 1 922 000.00 | 4 383 721.51 | 0.44 |
| USD	AMERICA, UNITED STATES OF 2.375%/CPI LINKED 04-15.01.25 | 3 025 000.00 | 4 996 392.53 | 0.50 |
| USD	AMERICA, UNITED STATES OF 0.625%/CPI LINKED 16-15.01.26 | 2 358 000.00 | 2 952 776.32 | 0.30 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 17-15.01.27 | 3 381 000.00 | 4 145 270.03 | 0.42 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI INDEX 13-15.07.23 | 3 354 000.00 | 4 091 845.81 | 0.41 |
| USD	AMERICA, UNITED STATES OF 0.375%/CPI LINKED 15-15.07.25 | 4 636 000.00 | 5 753 219.74 | 0.58 |
| USD	AMERICA, UNITED STATES OF 0.750%/CPI LINKED 18-15.07.28 | 3 709 000.00 | 4 519 538.05 | 0.45 |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 20-15.01.30 | 4 345 000.00 | 4 920 214.36 | 0.49 |
| Total USD |  | 35 762 978.35 | 3.59 |
| Total Treasury-Notes, variabler Zins | 35 762 978.35 | 3.59 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 389 765 462.43 | 39.14 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Treasury-Bills, Nullcoupon |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF TB 0.00000% 08.10.20-07.10.21	10 000.00 | 9 999.42 | 0.00 |
| Total USD | 9 999.42 | 0.00 |
| Total Treasury-Bills, Nullcoupon | 9 999.42 | 0.00 |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	FANNIE MAE 2.12500% 16-24.04.26	1 625 000.00 | 1 728 799.91 | 0.17 |
| USD	NATIONAL AUSTRALIA BANK LTD NEW YORK 2.87500% 18-12.04.23	500 000.00 | 523 523.70 | 0.05 |
| USD	NATIONAL AUSTRALIA BANK LTD-144A 3.50000% 17-10.01.27	2 000 000.00 | 2 227 364.20 | 0.22 |
| USD	PROCTER & GAMBLE CO 2.30000% 12-06.02.22	625 000.00 | 634 296.29 | 0.07 |
| Total USD | 5 113 984.10 | 0.51 |
| Total Notes, fester Zins | 5 113 984.10 | 0.51 |
| Medium-Term Notes, fester Zins |  |  |
| USD |  |  |
| USD	GOLDMAN SACHS GROUP INC/THE 3.85000% 14-08.07.24	1 000 000.00 | 1 088 395.16 | 0.11 |
| Total USD | 1 088 395.16 | 0.11 |
| Total Medium-Term Notes, fester Zins | 1 088 395.16 | 0.11 |
| Medium-Term Notes, Nullcoupon |  |  |
| USD |  |  |
| USD	INTL BK FOR RECONSTR & DEVT WORLD BANK 0.00000% 00-01.05.30	1 400 000.00 | 1 163 590.34 | 0.12 |
| Total USD | 1 163 590.34 | 0.12 |
| Total Medium-Term Notes, Nullcoupon | 1 163 590.34 | 0.12 |
| Anleihen, fester Zins |  |  |
| USD |  |  |
| USD	COMMONWEALTH BANK OF AUSTRALIA-REG-S 1.62500% 19-17.10.22	750 000.00 | 764 733.30 | 0.08 |
| USD	HSBC BANK CANADA-REG-S 1.65000% 19-10.09.22	600 000.00 | 610 899.85 | 0.06 |
| Total USD | 1 375 633.15 | 0.14 |
| Total Anleihen, fester Zins | 1 375 633.15 | 0.14 |
| Treasury-Notes, variabler Zins |  |  |
| USD |  |  |
| USD	AMERICA, UNITED STATES OF 0.125%/CPI LINKED 12-15.07.22	3 136 000.00 | 3 763 858.38 | 0.38 |
| Total USD | 3 763 858.38 | 0.38 |
| Total Treasury-Notes, variabler Zins | 3 763 858.38 | 0.38 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden | 12 515 460.55 | 1.26 |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Anrechte
Niederlande
| EUR | KONINKLIJKE DSM NV (STOCK DIVIDEND) RIGHTS 04.06.21 | 3 315.00 | 3 399.69 | 0.00 |
| --- | --- | --- | --- | --- |
| EUR | NN GROUP NV (STOCK DIVIDEND) 09.06.21 | 1 067.00 | 1 891.31 | 0.00 |
| Total Niederlande | 5 291.00 | 0.00 |
| Total Anrechte | 5 291.00 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |

Notes, fester Zins
| USD |  |
| --- | --- |
| USD | MASSMUTUAL GLOBAL FUNDING II-REG-S 2.95000% 18-11.01.25 | 1 100 000.00 | 1 181 866.78 | 0.12 |
| USD | US BANK NA/CINCINNATI OH 2.65000% 19-23.05.22 | 900 000.00 | 920 049.53 | 0.09 |
| Total USD |  |  | 2 101 916.31 | 0.21 |
| Total Notes, fester Zins |  | 2 101 916.31 | 0.21 |
| Medium-Term Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	NATIONAL BANK OF CANADA 0.550%/VAR 20-15.11.24 | 636 000.00 | 634 671.95 | 0.06 |
| Total USD |  | 634 671.95 | 0.06 |
| Total Medium-Term Notes, variabler Zins |  | 634 671.95 | 0.06 |
| Anleihen, fester Zins |  |  |  |
| USD |  |  |  |
| USD	HSBC BANK CANADA-REG-S 3.30000% 18-28.11.21 | 1 300 000.00 | 1 319 509.70 | 0.13 |
| USD	MASSMUTUAL GLOBAL FUNDING II-REG-S 2.75000% 17-22.06.24 | 800 000.00 | 852 443.72 | 0.09 |
| Total USD |  | 2 171 953.42 | 0.22 |
| Total Anleihen, fester Zins |  | 2 171 953.42 | 0.22 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | 4 913 832.68 | 0.49 |
| Neuemittierte Wertpapiere und Geldmarktinstrumente |  |  |  |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	NESTLE HOLDINGS INC-144A 1.00000% 20-15.09.27 | 1 200 000.00 | 1 167 866.88 | 0.12 |
| Total USD |  | 1 167 866.88 | 0.12 |
| Total Notes, fester Zins |  | 1 167 866.88 | 0.12 |
| Total Neuemittierte Wertpapiere und Geldmarktinstrumente |  | 1 167 866.88 | 0.12 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
| Irland |  |
| --- | --- |
| USD | MAN FUNDS VI PLC-MAN AHL TARGETRISK-INU-USD-CAP | 122 496.13 | 17 230 304.94 | 1.73 |
| USD | UBS(IRL)FUND SOLUTION PLC-MSCI USA SF UCITS SHS-A-ETF-ACC | 999 534.00 | 117 285 319.56 | 11.78 |
| Total Irland |  | 134 515 624.50 | 13.51 |
| Luxemburg |  |  |  |
| EUR	ALMA PLATINUM IV UBS MULTI-STRATEGY ALTERNATIVES-I0C-E-CAP | 2 938.22 | 36 437 885.66 | 3.66 |
| USD	AQR UCITS FUNDS - GLOBAL RISK PARITY UCITS FUND-A2-CAP | 102 533.65 | 13 745 661.12 | 1.38 |
| USD	INVESCO FUNDS SICAV BAL RISK ALLOCATION-PI1-USD HDG-CAP | 688 743.22 | 9 628 630.19 | 0.97 |
| USD	UBS (LUX) BOND FUND-EURO HIGH YIELD (EUR)(USD HEDGED) F-ACC | 189 472.00 | 23 742 736.32 | 2.38 |
| USD	UBS (LUX) BOND SICAV - SHORT TERM USD CORPORATES (USD) F-ACC | 203 872.00 | 23 594 106.56 | 2.37 |
| USD	UBS (LUX) BOND SICAV - USD CORPORATES (USD) F-ACC | 718 176.00 | 16 316 958.72 | 1.64 |
| USD	UBS (LUX) BOND SICAV - USD HIGH YIELD (USD) F-ACC | 100 880.00 | 35 479 496.00 | 3.56 |
| USD	UBS (LUX) BOND SICAV USD - INVEST GRADE CORP USD F ACC | 1 529.08 | 178 723 892.26 | 17.95 |
| USD	UBS (LUX) BOND SICAV - EMERG ECON CORPORATES (USD) F-ACC | 251 167.00 | 31 744 997.13 | 3.19 |
| USD	UBS (LUX) EMERGING ECONOMIES FUND - GLOBAL BONDS (USD) F-ACC | 22 613.00 | 48 354 960.81 | 4.86 |
| USD	UBS (LUX) MONEY MARKET FUND - USD U-X-ACC | 9.00 | 101 048.94 | 0.01 |
| Total Luxemburg | 417 870 373.71 | 41.97 |
| Total Investment Fonds, open end | 552 385 998.21 | 55.48 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 552 385 998.21 | 55.48 |
| Total des Wertpapierbestandes | 960 748 620.75 | 96.49 |

| Derivative Instrumente |  |
| --- | --- |
| Derivative Instrumente, die an einer offiziellen Börse gehandelt werden Finanzterminkontrakte auf Anleihen |
|  |  |  |  |
| USD	US 10YR TREASURY NOTE FUTURE 21.09.21 | -205.00 | -14 953.13 | 0.00 |
| USD	US LONG BOND FUTURE 21.09.21 | -13.00 | -1 523.43 | 0.00 |
| USD	US 10YR ULTRA NOTE FUTURE 21.09.21 | -235.00 | -20 906.25 | 0.00 |
| USD	US 2YR TREASURY NOTE FUTURE 30.09.21 | 1.00 | 62.50 | 0.00 |
| USD	US 5YR TREASURY NOTE FUTURE 30.09.21 | -299.00 | -28 031.25 | -0.01 |
| Total Finanzterminkontrakte auf Anleihen |  | -65 351.56 | -0.01 |
| Finanzterminkontrakte auf Indizes |  |  |  |
|  |  |  |  |
| EUR	EURO STOXX 50 INDEX FUTURE 18.06.21 | 103.00 | 311 684.05 | 0.03 |
| CHF	SWISS MARKET INDEX FUTURE 18.06.21 | 12.00 | 84 994.72 | 0.01 |
| GBP	FTSE 100 INDEX FUTURE 18.06.21 | 23.00 | 92 525.44 | 0.01 |
| SEK	OMX 30 INDEX FUTURE 18.06.21 | 22.00 | 265.31 | 0.00 |

UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | S&P500 EMINI FUTURE 18.06.21 | 270.00 | 3 262 530.00 | 0.33 |
| JPY | TOPIX INDX FUTURE 10.06.21 | 21.00 | 99 821.75 | 0.01 |
| AUD | SPI 200 INDEX FUTURES 17.06.21 | 9.00 | 70 883.63 | 0.01 |
| HKD | HANG SENG INDEX FUTURE 29.06.21 | 3.00 | 2 847.46 | 0.00 |
| USD | MINI MSCI EMERGING MARKETS INDEX FUTURE 18.06.21 | 567.00 | 410 795.00 | 0.04 |
| CAD | S&P/TSX 60 INDEX FUTURE 17.06.21 | 9.00 | 97 382.67 | 0.01 |
| Total Finanzterminkontrakte auf Indizes | 4 433 730.03 | 0.45 |
| Total Derivative Instrumente, die an einer offiziellen Börse gehandelt werden | 4 368 378.47 | 0.44 |
| Total Derivative Instrumente | 4 368 378.47 | 0.44 |
| Devisenterminkontrakte |  |  |
| Gekaufte Währung/ Gekaufter Betrag/Verkaufte Währung/Verkaufter Betrag/Fälligkeitsdatum |  |  |

| USD | 2 568 096.36 | AUD | 3 320 000.00 | 4.6.2021 | -1 760.71 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 4 289 415.98 | CHF | 3 963 000.00 | 4.6.2021 | -117 222.33 | -0.01 |
| USD | 753 886.04 | DKK | 4 700 000.00 | 4.6.2021 | -18 777.45 | 0.00 |
| USD | 143 629.00 | NZD | 200 000.00 | 4.6.2021 | -1 970.67 | 0.00 |
| USD | 3 989 230.44 | CAD | 4 971 000.00 | 4.6.2021 | -125 483.81 | -0.01 |
| USD | 408 505.23 | SGD | 550 000.00 | 4.6.2021 | -7 860.20 | 0.00 |
| USD | 8 170 774.23 | JPY | 890 500 000.00 | 4.6.2021 | 30 485.18 | 0.00 |
| USD | 976 412.23 | SEK | 8 300 000.00 | 4.6.2021 | -24 538.27 | 0.00 |
| USD | 1 983 099.87 | HKD | 15 400 000.00 | 4.6.2021 | -1 108.49 | 0.00 |
| USD | 218 196.86 | NOK | 1 850 000.00 | 4.6.2021 | -4 179.67 | 0.00 |
| USD | 6 608 470.97 | GBP | 4 752 000.00 | 4.6.2021 | -146 504.95 | -0.02 |
| USD | 37 065 739.54 | EUR | 31 068 000.00 | 4.6.2021 | -920 379.05 | -0.09 |
| EUR | 500 000.00 | USD | 595 615.50 | 4.6.2021 | 15 722.83 | 0.00 |
| CAD | 500 000.00 | USD | 397 923.79 | 4.6.2021 | 15 948.09 | 0.00 |
| CHF | 400 000.00 | USD | 425 834.08 | 4.6.2021 | 18 943.95 | 0.00 |
| JPY | 45 000 000.00 | USD | 411 617.12 | 4.6.2021 | -260.57 | 0.00 |
| EUR | 500 000.00 | USD | 589 911.00 | 4.6.2021 | 21 427.33 | 0.00 |
| USD | 7 622 599.72 | JPY | 830 500 000.00 | 14.7.2021 | 28 413.68 | 0.00 |
| USD | 695 364.00 | HKD | 5 400 000.00 | 14.7.2021 | -459.56 | 0.00 |
| USD | 996 601.83 | SEK | 8 300 000.00 | 14.7.2021 | -4 682.83 | 0.00 |
| USD | 414 460.29 | SGD | 550 000.00 | 14.7.2021 | -1 856.09 | 0.00 |
| USD | 145 455.60 | NZD | 200 000.00 | 14.7.2021 | -130.21 | 0.00 |
| USD | 768 220.26 | DKK | 4 700 000.00 | 14.7.2021 | -4 944.34 | 0.00 |
| USD | 2 890 690.41 | GBP | 2 055 000.00 | 14.7.2021 | -30 627.32 | 0.00 |
| USD | 3 475 751.06 | CAD | 4 210 000.00 | 14.7.2021 | -8 830.92 | 0.00 |
| USD | 225 619.69 | NOK | 1 850 000.00 | 14.7.2021 | 3 226.52 | 0.00 |
| USD | 2 513 590.40 | AUD | 3 200 000.00 | 14.7.2021 | 36 173.13 | 0.00 |
| USD | 1 561 550.08 | CHF | 1 405 000.00 | 14.7.2021 | -2 360.37 | 0.00 |
| USD | 22 765 023.04 | EUR | 18 724 000.00 | 14.7.2021 | -146 383.18 | -0.01 |
| USD | 138 299.45 | ILS | 450 000.00 | 4.6.2021 | -226.95 | 0.00 |
| USD | 138 355.92 | ILS | 450 000.00 | 14.7.2021 | -215.61 | 0.00 |
| SGD | 24 656 000.00 | USD | 18 526 895.41 | 28.6.2021 | 137 095.31 | 0.01 |
| GBP | 10 968 900.00 | USD | 15 554 765.65 | 28.6.2021 | 38 040.72 | 0.00 |
| EUR | 205 124 200.00 | USD | 251 632 214.99 | 28.6.2021 | -720 914.34 | -0.07 |
| CHF | 142 782 700.00 | USD | 159 966 187.92 | 28.6.2021 | -1 107 084.99 | -0.11 |
| USD | 774 356.61 | EUR | 634 300.00 | 28.6.2021 | -1 529.60 | 0.00 |
| CHF | 421 200.00 | USD | 469 596.63 | 1.6.2021 | -1 258.39 | 0.00 |
| USD | 469 912.33 | CHF | 421 200.00 | 28.6.2021 | 1 287.95 | 0.00 |
| USD | 975 644.18 | EUR | 799 200.00 | 28.6.2021 | -1 950.43 | 0.00 |
| USD | 103 383.96 | SGD | 136 600.00 | 28.6.2021 | -18.91 | 0.00 |
| Total Devisenterminkontrakte | -3 056 755.52 | -0.31 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 34 681 663.58 | 3.48 |
| Andere Aktiva und Passiva | -998 066.12 | -0.10 |
| Total des Nettovermögens | 995 743 841.16 | 100.00 |

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