Goldman Sachs Emerging Markets Hard Currency Bond Active UCITS ETF USD Acc
Goldman Sachs Emerging Markets Hard Currency Bond Active UCITS ETF (LSE: GEMB) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $10.12 (about ₹961 a unit) as of 21 Oct 2026, 10:59 AM ET. It has an expense ratio of 0.45%. Indian residents can buy GEMB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$10.12
Today's high
$10.14
52 week low
$9.93
52 week high
$10.43
GEMB opened at $10.14, closed previously at $10.11, and has traded between $9.93 and $10.43 over the past 52 weeks.
About
The Sub-Fund seeks to achieve a long-term return by actively investing primarily in fixed income securities of emerging markets governments, government-related and corporate issuers.
Key statistics
Expense ratio
0.45%
Assets (AUM)
$17.3M
Holdings
—
NAV
$10.09
Avg. volume
0.00
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 14.0% of the fund.
Where the money is invested
Countries
How to buy GEMB from India
Indian residents can buy GEMB 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 GEMB 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 GEMB and buy
Find the fund by its ticker, GEMB, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your GEMB position in USD and INR. GEMB reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying GEMB from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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.
FAQs
What is the GEMB price today?
Goldman Sachs Emerging Markets Hard Currency Bond Active UCITS ETF (GEMB) last traded at $10.12 on the London Stock Exchange ETF segment, as of 21 Oct 2026, 10:59 AM ET. That is ₹961 a unit at the 20 Oct 2026 USD/INR rate.
When does GEMB trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is GEMB, and what does it cost to hold?
Goldman Sachs Emerging Markets Hard Currency Bond Active UCITS ETF manages about $17.3M. Its expense ratio is 0.45% a year, deducted inside the fund. It launched in 2025.
Is GEMB a UCITS ETF?
Yes. Goldman Sachs Emerging Markets Hard Currency Bond Active 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 London Stock Exchange ETF segment and trades in US dollars.
What are GEMB's largest holdings?
The top three are EAGLE FUNDING LUXCO S.A R 5.50% 08/17/2030 (2.2%), HUNGARY 2.13% 09/22/2031 (1.7%) and GOVERNMENT OF THE REPUBLI 3.88% 03/17/2028 (1.6%). GEMB's 10 largest positions make up 14.0% of the fund.
Is GEMB subject to US estate tax?
No. Because GEMB 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 GEMB 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 GEMB 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 is GEMB different from a US-listed ETF?
GEMB 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.