Invesco RAFI All-World Fundamental Value UCITS ETF
Invesco RAFI All-World Fundamental Value UCITS ETF (XETRA: PSWD) is an exchange-traded fund listed on XETRA, trading at €35.82 (about ₹3,901 a unit) as of 30 Sep 2026, 11:35 AM ET. It has an expense ratio of 0.39%. Indian residents can buy PSWD through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€35.71
Today's high
€35.89
52 week low
€28.14
52 week high
€36.23
PSWD opened at €35.80, closed previously at €35.66, and has traded between €28.14 and €36.23 over the past 52 weeks.
About
This Invesco ETF aims to replicate the net total return performance of the FTSE RAFI All-World 3000 Index, after deducting its operational expenses. Dividends are distributed to unitholders every three months. The underlying Reference Index deviates from conventional market-capitalization weighting, instead assigning constituent weights based on core financial indicators of company size. Its components are chosen and weighted using four fundamental criteria: the average sales over the prior five years, the average cash flow from the preceding five years, the book value at the time of review, and the average total dividends paid out over the last half-decade. To meet its investment goal, the fund utilizes a sampling methodology to select securities from the Reference Index, considering aspects such as market performance, industry and geographical concentrations, as well as company size, valuation, and growth attributes. This sampling approach results in the fund holding a more focused collection of securities than the full underlying index. The portfolio's adjustments are scheduled to align with the rebalancing of the benchmark index. As a passively managed fund, an investment represents the acquisition of units in an index-tracking vehicle, rather than direct ownership of the specific assets held within its portfolio.
Key statistics
Expense ratio
0.39%
Assets (AUM)
€307.8M
Holdings
—
NAV
€35.70
Avg. volume
—
1-year price change
+26.64%
5-year price change
+69.42%
Price change excludes dividends.
Top 10 holdings
These 10 are 14.2% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy PSWD from India
Indian residents can buy PSWD 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 EUR when you buy.
Search PSWD and buy
Find the fund by its ticker, PSWD, on XETRA, and place your order.
Read the full guide: how to invest in PSWD from India
Trading and taxes when buying PSWD 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
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the PSWD price today?
Invesco RAFI All-World Fundamental Value UCITS ETF (PSWD) last traded at €35.82 on XETRA, as of 30 Sep 2026, 11:35 AM ET. That is ₹3,901 a unit at the 29 Sep 2026 EUR/INR rate.
When does PSWD trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is PSWD, and what does it cost to hold?
Invesco RAFI All-World Fundamental Value UCITS ETF manages about €307.8M. Its expense ratio is 0.39% a year, deducted inside the fund. It launched in 2007.
Is PSWD a UCITS ETF?
Yes. Invesco RAFI All-World Fundamental Value 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 XETRA and trades in EUR.
What are PSWD's largest holdings?
The top three are APPLE INC USD0.00001 (2.5%), ALPHABET INC-CL A USD0.001 (1.8%) and MICROSOFT CORP USD0.00000625 (1.7%). PSWD's 10 largest positions make up 14.2% of the fund.
Is PSWD subject to US estate tax?
No. Because PSWD 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 PSWD accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are US dividends taxed inside PSWD?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on PSWD taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has PSWD performed?
PSWD's price is up 26.6% over the past year and up 69.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is PSWD different from a US-listed ETF?
PSWD is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.