State Street SPDR FTSE Global Convertible Bond CHF Hdg UCITS ETF (Acc)
State Street SPDR FTSE Global Convertible Bond Hdg UCITS ETF (SIX: GCVC) is an exchange-traded fund listed on the SIX Swiss Exchange, trading at CHF 48.17 (about ₹5,562 a unit) as of 29 Sep 2026, 3:01 AM ET. It has an expense ratio of 0.55% and holds 357 securities. Indian residents can buy GCVC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CHF 48.17
Today's high
CHF 48.17
52 week low
CHF 41.44
52 week high
CHF 51.24
GCVC opened at CHF 48.17, closed previously at CHF 47.91, and has traded between CHF 41.44 and CHF 51.24 over the past 52 weeks.
About
This fund aims to mirror the returns generated by the worldwide market for convertible bonds.
Key statistics
Expense ratio
0.55%
Assets (AUM)
CHF 2.6B
Holdings
357
NAV
CHF 47.71
Avg. volume
—
1-year price change
+15.24%
5-year price change
+15.22%
Price change excludes dividends.
Top 10 holdings
GCVC holds 357 securities in total. These 10 are 12.4% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy GCVC from India
Indian residents can buy GCVC 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, and Interactive Brokers converts the dollars to CHF when you buy.
Search GCVC and buy
Find the fund by its ticker, GCVC, on the SIX Swiss Exchange, and place your order.
Read the full guide: how to invest in GCVC from India
Trading and taxes when buying GCVC from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the GCVC price today?
State Street SPDR FTSE Global Convertible Bond Hdg UCITS ETF (GCVC) last traded at CHF 48.17 on the SIX Swiss Exchange, as of 29 Sep 2026, 3:01 AM ET. That is ₹5,562 a unit at the 28 Sep 2026 CHF/INR rate.
When does GCVC trade, in Indian time?
The SIX Swiss Exchange trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Switzerland is on standard time. Orders can only execute during that window.
How big is GCVC, and what does it cost to hold?
State Street SPDR FTSE Global Convertible Bond Hdg UCITS ETF manages about CHF 2.6B. Its expense ratio is 0.55% a year, deducted inside the fund. It launched in 2018.
Is GCVC a UCITS ETF?
Yes. State Street SPDR FTSE Global Convertible Bond Hdg UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the SIX Swiss Exchange and trades in CHF.
What are GCVC's largest holdings?
The top three are ALIBABA GROUP HOLDING 0.5 06/01/2031 (2.0%), ECHOSTAR CORP 3.875 11/30/2030 (1.8%) and PING AN INSURANCE GROUP 0.875 07/22/2029 (1.6%). GCVC's 10 largest positions make up 12.4% of the fund.
Is GCVC subject to US estate tax?
No. Because GCVC is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is GCVC accumulating or distributing?
Accumulating. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
How are gains on GCVC taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has GCVC performed?
GCVC's price is up 15.2% over the past year and up 15.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is GCVC different from a US-listed ETF?
GCVC is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.