State Street SPDR FTSE Global Convertible Bond USD Hdg UCITS ETF (Dist)
State Street SPDR FTSE Global Convertible Bond Hdg UCITS ETF (XETRA: SPF2) is an exchange-traded fund listed on XETRA, trading at $45.20 (about ₹4,342 a unit) as of 30 Sep 2026, 11:35 AM ET. It has an expense ratio of 0.55% and holds 357 securities. Indian residents can buy SPF2 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$45.17
Today's high
$45.30
52 week low
$38.20
52 week high
$48.00
SPF2 opened at $45.30, closed previously at $45.21, and has traded between $38.20 and $48.00 over the past 52 weeks.
About
The objective of the Fund is to track the performance of the global convertible bond market. The Fund seeks to track the performance of the FTSE Qualified Global Convertible Index (the Index) as closely as possible.
Key statistics
Expense ratio
0.55%
Assets (AUM)
$3.1B
Holdings
357
NAV
$45.09
Avg. volume
—
1-year price change
+17.69%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
SPF2 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 SPF2 from India
Indian residents can buy SPF2 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 SPF2 and buy
Find the fund by its ticker, SPF2, on XETRA, and place your order.
Read the full guide: how to invest in SPF2 from India
Trading and taxes when buying SPF2 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
- 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 SPF2 price today?
State Street SPDR FTSE Global Convertible Bond Hdg UCITS ETF (SPF2) last traded at $45.20 on XETRA, as of 30 Sep 2026, 11:35 AM ET. That is ₹4,342 a unit at the 29 Sep 2026 USD/INR rate.
When does SPF2 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 SPF2, and what does it cost to hold?
State Street SPDR FTSE Global Convertible Bond Hdg UCITS ETF manages about $3.1B. Its expense ratio is 0.55% a year, deducted inside the fund. It launched in 2022.
Is SPF2 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 XETRA and trades in US dollars.
What are SPF2'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%). SPF2's 10 largest positions make up 12.4% of the fund.
Is SPF2 subject to US estate tax?
No. Because SPF2 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 SPF2 accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on SPF2 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 SPF2 performed?
SPF2's price is up 17.7% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is SPF2 different from a US-listed ETF?
SPF2 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.