Relatório Semestral a 30 de Setembro de 2008
UBS (Lux) Bond Fund – EUR
Carteira de títulos e outros activos líquidos em 30 de Setembro de 2008
Descrição Quantidade/ Valorização em EUR em % do Montante Ganho (- perda) não Activo realizado em Futuros/ Líquido
Opções/Contratos a prazo sobre divisas/ Swaps (Nota 1)
Títulos transferíveis e instrumentos do mercado monetário cotados numa Bolsa Oficial de Valores
Títulos garantidos por activos , taxa fixa
EUR
EUR EMPYREAN FINANCE PLC-144A-REG-S 4.12000% 06-04.04.13 8 500 000.00 5 126 350.00 0.37
Total EUR 5 126 350.00 0.37
Total Títulos garantidos por activos , taxa fixa
5 126 350.00
0.37
Notas de taxa fixa
EUR
EUR BMW US CAPITAL LLC 5.12500% 02-28.01.09 900 000.00 899 779.50 0.07 EUR CITIGROUP INC 3.87500% 03-21.05.10 7 400 000.00 6 982 756.18 0.49 EUR CREDIT SUISSE GROUP FIN (US)-SUB 6.62500% 00-05.10.10 1 800 000.00 1 863 757.80 0.14 EUR INSTITUTO DE CREDITO OFICIAL 5.00000% 98-18.12.08 3 700 000.00 3 697 780.00 0.27 EUR PEMEX PROJECT FUNDING MASTER TRST-REG-S 6.62500% 03-04.04.10 3 000 000.00 2 953 500.00 0.22 EUR PROCTER & GAMBLE CO 3.37500% 05-07.12.12 6 600 000.00 6 133 410.36 0.45
Total EUR 22 530 983.84 1.64
Total Notas de taxa fixa
22 530 983.84
1.64
Notas de taxa variável
EUR
EUR BARCLAYS BANK PLC-SUB 7.50000%/FLR 00-PRP 3 850 000.00 3 543 317.09 0.26 EUR DEXIA CREDIT LOCAL FR-SUB 4.30000%/3M EURIBOR+173BP 05-PRP 5 300 000.00 2 722 766.88 0.20 EUR UBS CAPITAL SECS LTD-SUB 8.83600%/3MO EURIBOR+465BP PRP 4 500 000.00 3 861 585.00 0.28
Total EUR 10 127 668.97 0.74
Total Notas de taxa variável
10 127 668.97
0.74
Promissórias de médio prazo, taxa fixa
EUR
EUR AEGON GLOBAL INSTITUTIONAL MARKETS PLC 3.25000% 05-09.12.10 9 000 000.00 8 349 642.90 0.61 EUR AEGON GLOBAL INSTITUTIONAL MARKETS PLC 4.25000% 07-23.01.12 3 000 000.00 2 765 022.90 0.20 EUR AKADEMISKA HUS AB 4.50000% 99-16.03.09 14 000 000.00 13 938 370.74 1.02 EUR AUTOBAHNEN- & SCHNELLSTRASSENFINANZ AG 4.12500% 03-21.10.13 15 900 000.00 15 637 508.49 1.14 EUR BANK FUER ARBEIT UND WIRTSCHAFT AG 5.37500% 02-05.06.09 11 600 000.00 11 516 088.74 0.84 EUR BANK OF IRELAND-SUB 6.45000% 00-10.02.10 3 800 000.00 3 796 887.04 0.28 EUR BANK OF SCOTLAND PLC 3.37500% 03-23.06.10 4 000 000.00 3 736 816.40 0.27 EUR BARCLAYS BANK PLC-SUB 4.87500% 03-31.03.13 3 400 000.00 3 317 682.26 0.24 EUR BNP PARIBAS COVERED BONDS SA 3.75000% 06-13.12.11 23 400 000.00 22 568 693.94 1.64 EUR CIE DE SAINT-GOBAIN SA 7.25000% 08-16.09.13 2 300 000.00 2 338 039.70 0.17 EUR CM-CIC COVERED BONDS 4.75000% 07-17.07.12 10 000 000.00 9 893 225.90 0.72 EUR CZECH REPUBLIC 5.00000% 08-11.06.18 9 300 000.00 9 398 366.10 0.69 EUR DAIMLER NORTH AMERICA CORP 4.12500% 06-08.09.09 8 000 000.00 7 929 801.60 0.58 EUR DANSKE BANK AS 4.75000% 07-29.06.12 4 800 000.00 4 602 141.50 0.34 EUR DEUTSCHE BANK AG 4.50000% 08-07.03.11 2 500 000.00 2 437 300.00 0.18 EUR DEXIA MUNICIPAL AGENCY 4.25000% 07-22.11.10 15 000 000.00 14 852 451.00 1.08 EUR DNB NOR BOLIGKREDITT AS 4.37500% 07-15.11.10 7 200 000.00 7 130 988.36 0.52 EUR E.ON INTERNATIONAL FINANCE BV 5.75000% 02-29.05.09 4 100 000.00 4 104 497.82 0.30 EUR E.ON INTERNATIONAL FINANCE BV 5.12500% 07-02.10.12 1 500 000.00 1 498 450.36 0.11 EUR ENTERP RECHERCHE&ACTIVITES PETROLIERES 3.75000% 03-25.04.10 16 500 000.00 16 399 960.50 1.20 EUR EUROPEAN INVESTMENT BANK 4.00000% 05-15.10.37 8 200 000.00 7 332 978.74 0.53 EUR EUROPEAN INVESTMENT BANK 4.75000% 07-02.02.37 13 000 000.00 11 884 600.00 0.87 EUR FIAT FINANCE NORTH AMERICA INC 5.62500% 07-12.06.17 4 600 000.00 3 658 127.00 0.27 EUR FORTIS FINANCE NV 5.50000% 08-15.04.11 5 350 000.00 5 075 331.00 0.37 EUR FRANCE TELECOM SA 7.00000% 02-23.12.09 1 800 000.00 1 842 004.80 0.13 EUR GE CAPITAL EURO FUNDING 4.12500% 07-05.02.10 3 000 000.00 2 841 162.00 0.21 EUR GE CAPITAL EUROPEAN FUNDING 4.62500% 07-22.02.27 13 000 000.00 8 588 346.00 0.63 EUR GENERAL ELECTRIC CAPITAL CORP 4.37500% 03-20.01.10 2 450 000.00 2 327 228.30 0.17 EUR GLAXOSMITHKLINE CAPITAL PLC 5.12500% 07-13.12.12 3 000 000.00 2 961 690.00 0.22 EUR HOLCIM FINANCE SA 4.37500% 03-23.06.10 1 900 000.00 1 869 867.71 0.14 EUR HSBC HOLDINGS PLC-SUB 5.37500% 02-20.12.12 4 450 000.00 4 366 696.00 0.32 EUR HYPO ALPE-ADRIA-BANK INTERNATIONAL AG 4.25000% 06-31.10.16 9 000 000.00 8 474 999.40 0.62 EUR ILE DE FRANCE 5.00000% 98-27.07.10 7 500 000.00 7 563 398.25 0.55 EUR IMPERIAL TOBACCO FINANCE PLC 7.25000% 08-15.09.14 3 800 000.00 3 724 342.00 0.27 EUR ING BANK NV-SUB 5.50000% 01-04.01.12 4 800 000.00 4 848 715.20 0.35 EUR ING GROEP NV 5.62500% 08-03.09.13 4 200 000.00 4 036 536.00 0.29 EUR INTERNATIONAL BUSINESS MACHINES CORP 3.00000% 05-08.02.10 4 600 000.00 4 511 691.50 0.33 EUR ITALY, REPUBLIC OF 5.75000% 01-25.07.16 51 000 000.00 54 397 059.00 3.97 EUR KONINKLIJKE KPN NV 4.50000% 04-21.07.11 4 409 000.00 4 266 319.91 0.31 EUR KONINKLIJKE KPN NV 6.25000% 08-16.09.13 3 000 000.00 2 966 400.00 0.22
EUR LAFARGE SA 5.00000% 04-16.07.14 1 597 000.00 1 425 043.35 0.10
EUR LAFARGE SA 5.75000% 08-27.05.11 4 200 000.00 4 129 650.00 0.30
EUR LANDESBANK HESSEN-THUERINGEN GIRO 5.05000% 07-03.07.17 6 000 000.00 5 794 200.00 0.42 EUR LANDESBANK HESSEN-THUERINGEN GZ-SUB 5.50000% 01-21.12.15 1 800 000.00 1 815 523.20 0.13 EUR MORGAN STANLEY 6.50000% 08-15.04.11 5 000 000.00 3 782 400.00 0.28
Descrição Quantidade/ Valorização em EUR em % do Montante Ganho (- perda) não Activo realizado em Futuros/ Líquido
Opções/Contratos a prazo sobre divisas/ Swaps (Nota 1)
EUR NORDDEUTSCHE LANDESBANK GIROZENTRALE 4.62500% 08-10.06.13 3 300 000.00 3 283 236.00 0.24 EUR NORDDEUTSCHE LANDESBANK LUXEMBOURG 3.62500% 05-20.04.15 11 200 000.00 10 469 590.10 0.76
EUR NRW.BANK 3.87500% 06-26.07.11 20 000 000.00 19 609 742.00 1.43
EUR OP MORTGAGE BANK 4.87500% 08-03.06.10 7 000 000.00 7 006 300.00 0.51
EUR OTE PLC 5.37500% 08-14.02.11 2 600 000.00 2 560 740.00 0.19
EUR RABOBANK NEDERLAND NV 3.50000% 05-23.03.12 4 230 000.00 4 085 841.60 0.30
EUR RENAULT SA 6.12500% 02-26.06.09 4 800 000.00 4 852 007.95 0.35
EUR RESEAU FERRE DE FRANCE SA 5.25000% 98-14.04.10 13 075 604.00 13 217 304.32 0.96 EUR ROBERT BOSCH GMBH 4.37500% 06-19.05.16 9 450 000.00 8 921 576.42 0.65 EUR ROYAL BANK OF SCOTLAND GROUP PLC 5.25000% 08-15.05.13 7 950 000.00 7 313 798.87 0.53 EUR SCANIA CV AB 3.62500% 06-22.02.11 4 300 000.00 4 142 508.20 0.30 EUR SHELL INTERNATIONAL FINANCE BV 4.62500% 07-22.05.17 7 500 000.00 7 284 004.50 0.53 EUR SKANDINAVISKA ENSKILDA BANKEN AB 4.50000% 08-25.04.13 9 250 000.00 9 105 700.00 0.66 EUR SWEDBANK MORTGAGE AB 4.62500% 08-23.05.11 8 000 000.00 7 940 800.00 0.58 EUR TELECOM ITALIA FINANCE STEP-UP-DOWN 01-20.04.11 1 000 000.00 1 016 343.00 0.07 EUR TELSTRA CORP LTD 3.87500% 05-24.07.15 3 700 000.00 3 218 604.10 0.23 EUR TOYOTA MOTOR CREDIT CORP 4.25000% 07-02.05.12 10 200 000.00 10 084 234.08 0.73 EUR UBS AG LONDON BRANCH 6.25000% 08-03.09.13 7 800 000.00 7 310 238.00 0.53 EUR VEOLIA ENVIRONNEMENT 4.87500% 03-28.05.13 1 800 000.00 1 743 346.44 0.13 EUR WESTLB AG 4.12500% 06-08.06.16 24 500 000.00 23 505 620.95 1.71
Total EUR 494 395 747.14 36.03
Total Promissórias de médio prazo, taxa fixa
494 395 747.14
36.03
Promissórias de médio prazo, taxa variável
EUR
EUR ALLIANZ SE 5.50000%/FLR 04-31.12.PRP 5 000 000.00 4 134 610.50 0.30 EUR AUSTRALIA & NEW Z BKG 4.45000%/3M EURIBOR+113BP 03-05.02.15 7 900 000.00 7 678 220.93 0.56 EUR BANK OF SCOTLAND 5.12500% 01-05.12.13 10 300 000.00 10 146 120.57 0.75 EUR BNP PARIBAS-SUB 5.25000%/3M EURIBOR+105BP 02-23.01.14 2 000 000.00 1 968 560.00 0.14 EUR OLD MUTUAL PLC 4.50000%/6M EURIBOR+96BP-SUB 07-18.01.17 10 800 000.00 8 921 865.96 0.65 EUR SOCIETE GEN PARIS-SUB 4.87500%/3M EURIBOR+115BP 02-18.12.14 8 100 000.00 8 011 721.34 0.58 EUR ZURICH FINANCE (USA)-SUB 5.750%/3M EURIBOR+267BP 03-02.10.23 5 200 000.00 4 707 983.28 0.34
Total EUR 45 569 082.58 3.32
Total Promissórias de médio prazo, taxa variável
45 569 082.58
3.32
Obrigações de taxa fixa
EUR
EUR ABB INTERNATIONAL FINANCE LTD 6.50000% 03-30.11.11 3 400 000.00 3 458 044.80 0.25 EUR AMERICAN GENERAL FINANCE INC 3.25000% 05-16.01.13 3 250 000.00 1 815 356.72 0.13 EUR AUSTRIA, REPUBLIC OF-REG-S 4.30000% 07-15.09.17 25 000 000.00 24 931 062.50 1.82 EUR BAYERISCHE LANDESBANK 4.50000% 08-29.08.11 7 500 000.00 7 466 321.25 0.54 EUR BELGIUM, KINGDOM OF 3.75000% 05-28.09.15 12 000 000.00 11 520 866.40 0.84 EUR BERLIN-HANNOVERSCHE HYPOTHEKENBANK AG 3.00000% 04-27.10.08 11 200 000.00 11 180 960.00 0.81 EUR CAISSE D'AMORTIS DE LA DETTE SOCIALE 5.12500% 98-25.10.08 14 000 000.00 13 991 880.00 1.02 EUR CAISSE D'AMORTIS DE LA DETTE SOCIALE 5.25000% 98-25.10.12 7 725 837.00 7 950 179.86 0.58 EUR CEMEX FINANCE EUROPE BV 4.75000% 07-05.03.14 4 200 000.00 3 145 349.34 0.23 EUR COMMERZBANK AG-SUB 6.12500% 00-05.07.10 3 800 000.00 3 760 746.00 0.27 EUR DEUTSCHE GENOSSENSCHAFTS-HYPOBANK AG 3.25000% 05-19.01.12 20 000 000.00 19 124 160.00 1.39 EUR DEXIA KOMMUNALBANK DEUTSCHLAND AG 4.75000% 08-23.05.18 8 000 000.00 7 940 800.00 0.58 EUR EUROHYPO AG 3.25000% 05-26.10.15 18 250 000.00 16 513 565.42 1.20 EUR EUROHYPO AG 3.75000% 06-11.04.11 19 000 000.00 18 584 129.90 1.35 EUR EUROHYPO AG-REG-S 5.25000% 01-17.01.11 7 000 000.00 7 086 898.00 0.52 EUR FINLAND, REPUBLIC OF 5.37500% 02-04.07.13 7 300 000.00 7 715 545.20 0.56 EUR FRANCE, REPUBLIC OF 4.75000% 03-25.04.35 15 000 000.00 15 017 430.00 1.09 EUR FRANCE, REPUBLIC OF-OAT 3.50000% 05-25.04.15 6 000 000.00 5 781 109.80 0.42 EUR FRANCE, REPUBLIC OF-OAT 4.00000% 03-25.10.13 36 700 000.00 36 591 661.60 2.67 EUR FRANCE, REPUBLIC OF-OAT 4.00000% 04-25.04.14 17 700 000.00 17 619 082.68 1.28 EUR FRANCE, REPUBLIC OF-OAT 4.00000% 06-25.10.38 9 500 000.00 8 398 748.60 0.61 EUR FRANCE, REPUBLIC OF-OAT 4.75000% 02-25.10.12 10 000 000.00 10 294 670.00 0.75 EUR FRANCE, REPUBLIC OF-OAT 5.00000% 00-25.10.16 11 200 000.00 11 790 307.20 0.86 EUR FRANCE, REPUBLIC OF-OAT 8.25000% 92-25.04.22 15 900 000.00 21 804 518.27 1.59 EUR GERMAN POSTAL PENSIONS SEC 4.25000% 06-18.01.17 15 000 000.00 14 503 743.00 1.06 EUR GERMANY, REPUBLIC OF 3.75000% 06-04.01.17 9 700 000.00 9 544 936.77 0.70 EUR GERMANY, REPUBLIC OF 4.00000% 05-04.01.37 26 200 000.00 23 736 982.54 1.73 EUR GERMANY, REPUBLIC OF 4.00000% 07-04.01.18 38 000 000.00 38 077 748.00 2.78 EUR GERMANY, REPUBLIC OF 4.25000% 07-04.07.39 4 000 000.00 3 776 147.20 0.28 EUR GERMANY, REPUBLIC OF 4.25000% 07-04.07.17 5 000 000.00 5 094 240.00 0.37 EUR GERMANY, REPUBLIC OF 4.25000% 07-12.10.12 13 000 000.00 13 236 730.00 0.96 EUR GERMANY, REPUBLIC OF 4.75000% 03-04.07.34 49 200 000.00 49 943 018.40 3.66 EUR GERMANY, REPUBLIC OF 4.75000% 98-04.07.28 3 300 000.00 3 354 387.30 0.24 EUR GERMANY, REPUBLIC OF 5.50000% 00-04.01.31 7 900 000.00 8 789 492.60 0.64 EUR GERMANY, REPUBLIC OF 6.25000% 94-04.01.24 9 300 000.00 11 067 390.60 0.81 EUR HESSEN, STATE OF 5.75000% 00-04.01.11 14 000 000.00 14 353 066.00 1.05 EUR LANDESBANK HESSEN-THUERINGEN GZ 3.25000% 04-25.02.09 8 900 000.00 8 852 313.80 0.65 EUR LANSFORSAKRINGAR AB 4.62500% 03-16.12.08 7 830 000.00 7 815 085.89 0.57 EUR MORGAN STANLEY 5.75000% 02-01.04.09 2 000 000.00 1 861 484.00 0.14 EUR NETHERLANDS, KINGDOM OF THE 3.75000% 06-15.01.23 4 000 000.00 3 654 259.20 0.27 EUR NETHERLANDS, KINGDOM OF THE 4.00000% 05-15.01.37 13 700 000.00 12 228 376.14 0.89 EUR NETHERLANDS, KINGDOM OF THE 4.50000% 07-15.07.17 5 000 000.00 5 073 725.00 0.37 EUR NETHERLANDS, KINGDOM OF THE 5.50000% 98-15.01.28 1 219 253.00 1 339 016.56 0.10 EUR NETHERLANDS, KINGDOM OF THE 5.50000% 00-15.07.10 4 000 000.00 4 123 728.00 0.30 EUR SINGAPORE TELECOMMUNICATIONS LTD-REG-S 6.00000% 01-21.11.11 5 000 000.00 5 000 376.60 0.36 EUR SOCIETE GENERALE SOCIETE DE CREDIT FONC 4.75000% 08-06.06.13 9 000 000.00 8 949 262.86 0.65
Relatório Semestral a 30 de Setembro de 2008
UBS (Lux) Bond Fund – EUR
Descrição Quantidade/ Valorização em EUR em % do Montante Ganho (- perda) não Activo realizado em Futuros/ Líquido
Opções/Contratos a prazo sobre divisas/ Swaps (Nota 1)
EUR SVENSKA HANDELSBANKEN 5.37500% 08-02.09.11 7 400 000.00 7 282 787.40 0.53 EUR TELECOM ITALIA FINANCE SA STEP-UP/DOWN 99-09.02.09 3 000 000.00 2 978 857.59 0.22 EUR WPP GROUP PLC 4.37500% 06-05.12.13 4 400 000.00 3 906 967.24 0.28
Total EUR 562 027 516.23 40.97
Total Obrigações de taxa fixa
562 027 516.23
40.97
Obrigações de taxa variável
EUR
EUR BNP PARIBAS CAPITAL TRUST VI 5.86800%/FLR 03-16.01.PRP 3 000 000.00 2 625 818.10 0.19 EUR CITIGROUP INC 4.75000%/3M EURIBOR+14BP 04-10.02.19 2 000 000.00 1 498 005.60 0.11 EUR CREDIT AGRICOLE SA-SUB 4.13000%/3M EURIBOR+165BP 05-PRP 12 200 000.00 8 435 993.78 0.61 EUR CREDIT SUISSE GROUP CAPITAL II-SUB 7.97400%/FLR 00-PRP 3 300 000.00 3 178 706.02 0.23 EUR FRANCE, REPUBLIC OF-OAT 3.150%/INFLATION IDX LKD 02-25.07.32 44 100 000.00 57 870 101.52 4.23 EUR GERMANY, REPUBLIC OF VAR/LKD INFLATION INDX 06-15.04.16 15 000 000.00 15 541 938.90 1.13 EUR HSBC CAPITAL FUNDING 5.36870%/FLR 03-PRP 4 000 000.00 3 357 494.40 0.24 EUR JPMORGAN CHASE BANK-SUB 4.37500%/1M EURIBOR+90BP 06-30.11.21 5 000 000.00 3 678 532.50 0.27 EUR SIEMENS FINANCIERINGS NV 5.250%/3M EURIBOR+225BP 06-14.09.66 4 650 000.00 3 654 179.71 0.27 EUR SOCIETE GENERALE-SUB 7.756%/3M EURIBOR+335BP 08-PRP 5 000 000.00 4 291 750.00 0.31
Total EUR 104 132 520.53 7.59
Total Obrigações de taxa variável
104 132 520.53
7.59
Total Títulos transferíveis e instrumentos do mercado monetário cotados numa
Bolsa Oficial de Valores
1 243 909 869.29
90.66
Títulos transferíveis e instrumentos do mercado monetário cotados noutro mercado regulamentado
Promissórias de médio prazo, taxa fixa
EUR
EUR CAISSE D'AMORTIS DE LA DETTE SOCIALE 4.07000% 06-02.08.11 24 000 000.00 23 246 400.00 1.69 EUR CAISSE D'AMORTISSEMENT DE LA DETTE SOC 3.62500% 06-25.04.16 33 000 000.00 31 278 304.20 2.28 EUR COUNCIL OF EUROPE DEVELOPMENT BANK 5.07000% 01-06.06.11 2 000 000.00 2 037 486.00 0.15
Total EUR 56 562 190.20 4.12
Total Promissórias de médio prazo, taxa fixa
56 562 190.20
4.12
Promissórias de médio prazo, taxa variável
EUR
EUR COMMERZBANK AG-SUB 5.62500%/3M EURIBOR+185BP 07-29.11.17 6 700 000.00 6 026 689.13 0.44
Total EUR 6 026 689.13 0.44