The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit ETF
The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit ETF (AMEX: FOPC) is an exchange-traded fund listed on NYSE Arca, trading at $24.84 (about ₹2,336 a unit) as of 9 Nov 2026, 10:41 AM ET. It has an expense ratio of 0.87%. Indian residents can buy FOPC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.84
Today's high
$24.85
52 week low
$24.26
52 week high
$26.20
FOPC opened at $24.85, closed previously at $24.85, and has traded between $24.26 and $26.20 over the past 52 weeks.
About
FOPC is an actively managed fund-of-funds that offers exposure to the global fixed income market. The portfolio holds 6 to 12 underlying ETFs that provide exposure to fixed income securities of any credit quality, including government bonds, corporate debts, asset- and mortgage-backed securities, commercial paper, and inflation-linked securities. The fund does not target a specific weighted average maturity either individually or the portfolio in aggregate. The asset allocation mix is determined through a mean variance optimization process, focusing on expected returns, standard deviations, and correlations of different asset classes. The ETF selection process includes quantitative, qualitative, and manager edge to filter funds based on their ability to provide low-cost asset class exposure and add value on either an absolute or risk-adjusted basis. Other factors such as market conditions, valuation metrics, risk profiles, and expected growth potential are also considered.
Key statistics
Expense ratio
0.87%
Assets (AUM)
$31.8M
Holdings
—
NAV
$24.85
Avg. volume
7.22K
1-year price change
-3.83%
5-year price change
—
Price change excludes dividends.
Top 9 holdings
These 9 are 100.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy FOPC from India
Indian residents can buy FOPC units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in FOPC from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search FOPC and buy
Find the fund by its ticker, FOPC, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your FOPC position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying FOPC from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the FOPC price today?
The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit ETF (FOPC) last traded at $24.84 on NYSE Arca, as of 9 Nov 2026, 10:41 AM ET. That is ₹2,336 a unit at the 8 Nov 2026 USD/INR rate.
When does FOPC trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is FOPC, and what does it cost to hold?
The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit ETF manages about $31.8M. Its expense ratio is 0.87% a year, deducted inside the fund. It launched in 2024.
What are FOPC's largest holdings?
The top three are TCW FLEXIBLE INCOME ETF (25.2%), VANGUARD INTERMEDIATE-TERM T (16.7%) and ISHARES INVESTMENT GRADE SYS (15.9%). FOPC's 9 largest positions make up 100.0% of the fund.
Does FOPC pay dividends?
Yes. FOPC is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on FOPC taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of FOPC?
Yes. You can buy FOPC by amount rather than by whole unit, and there is no minimum trade size.
How has FOPC performed?
FOPC's price is down 3.8% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.