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AR UBS (Lux) Strategy Sicav EN.Indd Asset management ab UBS Funds Annual Report 2019/2020 Investment Company under Luxembourg Law (SICAV) R.C.S. Luxembourg N° B 43 925 Annual report and audited financial statements as of 31 May 2020 UBS (Lux) Strategy SICAV UBS (Lux) Strategy SICAV UBS (Lux) Strategy SICAV – Dynamic Income (USD) – Systematic Allocation Portfolio Defensive Classic (USD) UBS (Lux) Strategy SICAV – Fixed Income (CHF) UBS (Lux) Strategy SICAV UBS (Lux) Strategy SICAV – Fixed Income (EUR) – Systematic Allocation Portfolio Dynamic (USD) UBS (Lux) Strategy SICAV – Fixed Income (USD) UBS (Lux) Strategy SICAV UBS (Lux) Strategy SICAV – Income (CHF) – Systematic Allocation Portfolio Medium (USD) UBS (Lux) Strategy SICAV – Income (EUR) UBS (Lux) Strategy SICAV UBS (Lux) Strategy SICAV – Income (USD) – Systematic Allocation Portfolio Medium Classic (USD) UBS (Lux) Strategy SICAV UBS (Lux) Strategy SICAV – Xtra Balanced (EUR) – Systematic Allocation Portfolio Defensive (USD) UBS (Lux) Strategy SICAV – Xtra Yield (EUR) Annual report and audited financial statements as of 31 May 2020 Table of contents Page ISIN Management and Administration 3 Features of the Company 5 Audit report 10 UBS (Lux) Strategy SICAV 13 UBS (Lux) Strategy SICAV – Dynamic Income (USD) 15 K-1-acc LU1917361336 K-1-mdist LU1917361419 (HKD) K-1-mdist LU1917362060 P-acc LU1917362490 P-mdist LU1917361179 (HKD) P-mdist LU1917361765 (SGD hedged) P-mdist LU1919997111 Q-acc LU1917360957 (HKD) Q-acc LU1917361682 Q-mdist LU1917361252 (HKD) Q-mdist LU1917361849 (SGD hedged) Q-mdist LU1919997202 UBS (Lux) Strategy SICAV – Fixed Income (CHF) 40 P-acc LU0042743699 Q-acc LU1240800612 UBS (Lux) Strategy SICAV – Fixed Income (EUR) 46 P-acc LU0042744747 Q-acc LU0943062561 UBS (Lux) Strategy SICAV – Fixed Income (USD) 52 K-1-acc LU0937166048 P-acc LU0042745397 (JPY hedged) P-acc LU1203193534 Q-acc LU1240800885 UBS (Lux) Strategy SICAV – Income (CHF) 59 P-acc LU0994951381 P-dist LU0994669108 Q-acc LU1240800968 Q-dist LU1240801008 UBS (Lux) Strategy SICAV – Income (EUR) 67 K-1-acc LU1097600727 P-acc LU0994951464 P-dist LU0994669793 Q-acc LU1240801263 Q-dist LU1240801347 UBS (Lux) Strategy SICAV – Income (USD) 75 K-1-acc LU1097765488 P-acc LU0994951548 (JPY hedged) P-acc LU1411405076 P-dist LU0994670023 Q-acc LU1240801693 Q-dist LU1240801776 UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) 83 K-1-acc LU1622990858 (CHF hedged) K-1-acc LU1622991070 (EUR hedged) K-1-acc LU1622990932 (EUR hedged) K-X-acc LU1675059452 P-4%-mdist LU1599185995 (HKD) P-4%-mdist LU1647379343 P-acc LU1599185649 (CHF hedged) P-acc LU1599186027 (EUR hedged) P-acc LU1599186530 (GBP hedged) P-acc LU1616912249 (SGD hedged) P-acc LU1599186704 (SGD hedged) P-mdist LU1637863462 Q-4%-mdist LU1891428200 Q-acc LU1599185722 (CHF hedged) Q-acc LU1599186373 (EUR hedged) Q-acc LU1599186613 (GBP hedged) Q-acc LU1616912322 (SEK hedged) Q-acc LU1599186886 (SGD hedged) Q-mdist LU2038507948 1 UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive Classic (USD) 100 P-acc LU1821947436 (EUR hedged) P-acc LU1821947519 UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Dynamic (USD) 102 K-1-acc LU1622991310 (EUR hedged) K-1-acc LU1622991401 K-X-acc LU1807254237 P-4%-mdist LU1599188155 P-acc LU1599187934 (CHF hedged) P-acc LU1599188239 (EUR hedged) P-acc LU1599188403 (GBP hedged) P-acc LU1616912678 (SGD hedged) P-acc LU1599188668 Q-4%-mdist LU1898250995 Q-acc LU1599188072 (CHF hedged) Q-acc LU1599188312 (EUR hedged) Q-acc LU1599188585 (GBP hedged) Q-acc LU1616912751 (SEK hedged) Q-acc LU1599188825 UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) 124 K-1-4%-mdist LU1717044132 (EUR hedged) K-1-4%-mdist LU1629324036 K-1-acc LU1616912835 (CHF hedged) K-1-acc LU1622991237 (EUR hedged) K-1-acc LU1622991153 P-4%-mdist LU1599187181 (HKD) P-4%-mdist LU1647379426 P-acc LU1599186969 (HKD) P-acc LU1603467017 (AUD hedged) P-acc LU1603467363 (CAD hedged) P-acc LU1603467108 (CHF hedged) P-acc LU1599187264 (EUR hedged) P-acc LU1599187421 (GBP hedged) P-acc LU1611257418 (SGD hedged) P-acc LU1599187777 Q-4%-mdist LU1895574181 (HKD) Q-4%-mdist LU1891428119 Q-acc LU1599187009 (HKD) Q-acc LU1891428465 (CAD hedged) Q-acc LU1891428895 (CHF hedged) Q-acc LU1599187348 (EUR hedged) Q-acc LU1599187694 (GBP hedged) Q-acc LU1616912595 (SEK hedged) Q-acc LU1599187850 (SGD hedged) Q-acc LU1891428036 UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium Classic (USD) 146 (EUR hedged) K-1-acc LU1981796631 P-acc LU1821947865 (CHF hedged) P-acc LU1821948087 (EUR hedged) P-acc LU1821947949 (CHF hedged) Q-acc LU1821948160 (EUR hedged) Q-acc LU1959317717 UBS (Lux) Strategy SICAV – Xtra Balanced (EUR) 153 P-acc LU1161073173 P-dist LU1161073256 Q-acc LU1240801859 UBS (Lux) Strategy SICAV – Xtra Yield (EUR) 160 P-acc LU1059709862 P-dist LU1060236970 Q-acc LU1240802071 Q-dist LU1240802154 Notes to the Financial Statements 167 Unaudited Information 180 Sales restrictions Shares of this Company may not be offered, sold or distributed within the United States of America. Internet address www.ubs.com/funds 2 Management and Administration Registered Office UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Defensive (USD) 33A, avenue J.F. Kennedy UBS (Lux) Strategy SICAV L-1855 Luxembourg – Systematic Allocation Portfolio Dynamic (USD) UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium (USD) Board of Directors UBS (Lux) Strategy SICAV – Systematic Allocation Portfolio Medium Classic (USD) Thomas Portmann, President UBS Asset Management Switzerland AG, Zurich Managing Director, UBS Fund Management (Switzerland) AG, Basel, Switzerland Depositary and main paying agent Robert Süttinger, Member Managing Director, UBS Asset Management UBS Europe SE, Luxembourg Branch Switzerland AG, Zurich, Switzerland 33A, avenue J.F. Kennedy Thomas Rose, Member L-1855 Luxembourg Managing Director, UBS Asset Management Switzerland AG, Zurich, Switzerland Administrative agent Tobias Meyer, Member Executive Director, UBS Asset Management Northern Trust Global Services SE Switzerland AG, Zurich, Switzerland 10, rue du Château d’Eau Iris Eberhard, Member (until 31 March 2020) L-3364 Leudelange Managing Director, UBS Asset Management Switzerland AG, Zurich, Switzerland Sales Agencies Management Company UBS Asset Management Switzerland AG, Zurich UBS Fund Management (Luxembourg) S.A. 33A, avenue J.F. Kennedy Auditor of the Company L-1855 Luxembourg R.C.S. Luxembourg N° B 154 210 PricewaterhouseCoopers, Société coopérative 2, rue Gerhard Mercator, B.P. 1443, L-1014 Luxembourg Portfolio Manager Auditor of the Management Company UBS (Lux) Strategy SICAV – Dynamic Income (USD) UBS (Lux) Strategy SICAV – Fixed Income (CHF) ERNST & YOUNG S.A. UBS (Lux) Strategy SICAV – Fixed Income (EUR) 35E, avenue J.F. Kennedy UBS (Lux) Strategy SICAV – Fixed Income (USD) L-1855 Luxembourg UBS (Lux) Strategy SICAV – Income (CHF) UBS (Lux) Strategy SICAV – Income (EUR) UBS (Lux) Strategy SICAV – Income (USD) UBS (Lux) Strategy SICAV – Xtra Balanced (EUR) UBS (Lux) Strategy SICAV – Xtra Yield (EUR) UBS Asset Management Switzerland AG, Zurich UBS Switzerland AG, Zurich UBS (Lux) Strategy SICAV Annual report and audited financial statements as of 31 May 2020 3 Sale in Switzerland Sale in Austria, in Belgium, in the Czech Republic, in Denmark, in Finland, in France, in Greece, Representative in Hungary, in Italy, in Japan, in Malta, UBS Fund Management (Switzerland) AG in the Netherlands, in Norway, in Singapore*, Aeschenplatz 6, CH-4052 Basel in Spain, in Sweden and in the United Kingdom Paying agents * Restricted foreign scheme UBS Switzerland AG, Bahnhofstrasse 45, CH-8001 Zurich and its offices in Switzerland Shares of this Company may be sold in these countries. The sales prospectus, the KIID, the articles of association of the The sales prospectus, the KIID, the articles of association of the Company, the annual and semi-annual reports as well as the Company, the annual and semi-annual reports as well as the portfolio portfolio movements of the Company mentioned in this publication movements of the Company mentioned in this publication are available are available free of charge from UBS Switzerland AG, P.O. Box, free of charge at the sales agencies and at the registered office of the CH-8001 Zurich and from UBS Fund Management (Switzerland) AG, Company. P.O. Box, CH-4002 Basel. Sale in Germany Paying and information agent UBS Europe SE Bockenheimer Landstr. 2-4 D-60306 Frankfurt am Main The sales prospectus, the KIID, the articles of association of the Company, the annual and semi-annual reports as well as the portfolio movements of the Company mentioned in this publication are available free of charge from UBS Europe SE, Bockenheimer Landstr. 2-4, D-60306 Frankfurt am Main. Sale in Liechtenstein Paying agent Liechtensteinische Landesbank AG Städtle 44, FL-9490 Vaduz The sales prospectus, the KIID, the articles of association of the Company, the annual and semi-annual reports as well as the portfolio movements of the Company mentioned in this publication are available free of charge at the sales agencies and at the registered office of the Company. UBS (Lux) Strategy SICAV Annual report and audited financial statements as of 31 May 2020 4 Features of the Company UBS (Lux) Strategy SICAV (hereinafter called the The following share classes are currently available: “Company”) offers investors various subfunds (“umbrella construction”) which invest in accordance “P“ with the investment policy described in the sales Shares in classes with “P” in their name are available to prospectus. The specific details on each subfund are all investors. Their smallest tradable unit is 0.001. Unless defined in the sales prospectus, which will be updated the Company decides otherwise, the initial issue price of on the inception of each new subfund. these shares amounts to AUD 100, BRL 400, CAD 100, CHF 100, CZK 2’000, DKK 700, EUR 100, GBP 100, The Company was established on 24 May 1993 as an HKD 1’000, JPY 10’000, NOK 900, NZD 100, PLN 500, open-ended investment fund in the form of a SICAV RMB 1’000, RUB 3’500, SEK 700, SGD 100, USD 100 or pursuant to Part I of the Luxembourg Law of 30 March ZAR 1’000.
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