Simplify Gamma Emerging Market Bond ETF
Simplify Gamma Emerging Market Bond ETF (AMEX: GAEM) is an exchange-traded fund listed on NYSE Arca, trading at $25.69 (about ₹2,468 a unit) as of 29 Sep 2026, 3:51 PM ET. It has an expense ratio of 0.96% and holds 44 securities. Indian residents can buy GAEM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$25.64
Today's high
$25.69
52 week low
$25.63
52 week high
$28.25
GAEM opened at $25.64, closed previously at $25.79, and has traded between $25.63 and $28.25 over the past 52 weeks.
About
The Simplify Gamma Emerging Market Bond ETF (GAEM) aims to deliver both current income and long-term capital appreciation for investors. This actively managed exchange-traded fund primarily allocates its portfolio to debt instruments issued by entities in developing nations. GAEM places a significant focus on Latin American issuers, noting their currently favorable investment fundamentals. The fund's active management strategy employs comprehensive fundamental, economic, and political analysis to identify fixed-income securities offering the most compelling risk-adjusted return profiles.
Key statistics
Expense ratio
0.96%
Assets (AUM)
$42.3M
Holdings
44
NAV
$26.01
Avg. volume
—
1-year price change
-2.62%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
GAEM holds 44 securities in total. These 10 are 26.2% of the fund.
Where the money is invested
Countries
How to buy GAEM from India
Indian residents can buy GAEM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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 GAEM and buy
Find the fund by its ticker, GAEM, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in GAEM from India
Trading and taxes when buying GAEM 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
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the GAEM price today?
Simplify Gamma Emerging Market Bond ETF (GAEM) last traded at $25.69 on NYSE Arca, as of 29 Sep 2026, 3:51 PM ET. That is ₹2,468 a unit at the 28 Sep 2026 USD/INR rate.
When does GAEM trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is GAEM, and what does it cost to hold?
Simplify Gamma Emerging Market Bond ETF manages about $42.3M. Its expense ratio is 0.96% a year, deducted inside the fund. It launched in 2024.
What are GAEM's largest holdings?
The top three are DOMINICAN REP MIN 12.0 29MAY41 144A (4.7%), ECUADOR REP 9.25 29JAN39 144A (3.0%) and UNITED MEXICAN STS 6.125 09FEB38 (2.7%). GAEM's 10 largest positions make up 26.2% of the fund.
Does GAEM pay dividends?
Yes. GAEM 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 GAEM 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 GAEM?
Yes. You can buy GAEM by amount rather than by whole unit, and there is no minimum trade size.
How has GAEM performed?
GAEM's price is down 2.6% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.