GMO Systematic Investment Grade Credit ETF
GMO Systematic Investment Grade Credit ETF (AMEX: INVG) is an exchange-traded fund listed on NYSE Arca, trading at $24.56 (about ₹2,334 a unit) as of 23 Oct 2026, 1:26 PM ET. It has an expense ratio of 0.25%. Indian residents can buy INVG through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.56
Today's high
$24.59
52 week low
$23.98
52 week high
$26.24
INVG opened at $24.57, closed previously at $24.64, and has traded between $23.98 and $26.24 over the past 52 weeks.
About
The INVG fund aims to exceed the performance of the Bloomberg U.S. Corporate Index by employing a systematic, multi-factor investment methodology. While striving to achieve similar market exposure to its benchmark, the fund primarily focuses its investments on highly liquid, investment-grade corporate debt. These holdings span diverse maturities and originate from companies both within and outside the U.S. The fund's analytical framework evaluates multiple factors—such as value, quality, momentum, and fundamentals—via proprietary fair value models that gauge default risk and market momentum. This strategy endeavors to identify compelling risk-adjusted return opportunities, concurrently minimizing divergence from its benchmark by proactively managing exposures and risks across country, sector, issuer, liquidity, interest rates, and credit spreads. As an actively managed vehicle, the portfolio manager maintains full autonomy to adjust holdings whenever market conditions warrant. Additionally, INVG may allocate capital to derivative products, other exchange-traded funds, U.S. Treasury obligations, and various money market instruments.
Key statistics
Expense ratio
0.25%
Assets (AUM)
$23.0M
Holdings
—
NAV
$24.62
Avg. volume
4.22K
1-year price change
-6.06%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 10.4% of the fund.
How to buy INVG from India
Indian residents can buy INVG 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 INVG 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 INVG and buy
Find the fund by its ticker, INVG, 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 INVG 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 INVG 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 INVG price today?
GMO Systematic Investment Grade Credit ETF (INVG) last traded at $24.56 on NYSE Arca, as of 23 Oct 2026, 1:26 PM ET. That is ₹2,334 a unit at the 23 Oct 2026 USD/INR rate.
When does INVG 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 INVG, and what does it cost to hold?
GMO Systematic Investment Grade Credit ETF manages about $23.0M. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2025.
What are INVG's largest holdings?
The top three are BANK OF NOVA SCOTIA (1.3%), TEXAS INSTRUMENTS INC (1.0%) and BAXTER INTERNATIONAL INC (1.0%). INVG's 10 largest positions make up 10.4% of the fund.
Does INVG pay dividends?
Yes. INVG 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 INVG 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 INVG?
Yes. You can buy INVG by amount rather than by whole unit, and there is no minimum trade size.
How has INVG performed?
INVG's price is down 6.1% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.