Invesco US Treasury Bond UCITS ETF
Invesco US Treasury Bond UCITS ETF (LSE: TRES) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $34.29 (about ₹3,294 a unit) as of 28 Sep 2026, 11:10 AM ET. It has an expense ratio of 0.06%. Indian residents can buy TRES through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$34.27
Today's high
$34.39
52 week low
$34.27
52 week high
$37.67
TRES opened at $34.39, closed previously at $34.36, and has traded between $34.27 and $37.67 over the past 52 weeks.
About
This Invesco US Treasury Bond UCITS ETF Dist endeavors to mirror the total return performance of the Bloomberg U.S. Treasury Total Return Index USD Unhedged, factoring in administrative charges. Investors receive income distributions every three months. The underlying benchmark, the "Reference Index," assesses the performance of U.S. dollar-denominated, fixed-coupon, conventional debt instruments issued by the U.S. Treasury. These instruments cover a broad maturity spectrum, from one year up to 30 years. Specifically excluded from this index are inflation-indexed bonds, variable-rate bonds, STRIP bonds (where principal and interest payments are separated and sold individually), and short-term Treasury bills. The index undergoes a readjustment on a monthly basis. To achieve its objective, the fund's management team employs sophisticated portfolio modeling and analytical methods. They construct a portfolio by holding a representative subset of the index's constituent securities, rather than every single one. This "sampling" approach is designed to accurately track the index's performance while simultaneously minimizing the operational expenses typically associated with a full replication strategy. This ETF operates under a passive management style. Investing in this fund means acquiring shares in an index-tracking vehicle, not directly owning the bonds it holds.
Key statistics
Expense ratio
0.06%
Assets (AUM)
$629.3M
Holdings
—
NAV
$34.28
Avg. volume
—
1-year price change
-5.73%
5-year price change
-20.38%
Price change excludes dividends.
Top 10 holdings
These 10 are 8.2% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy TRES from India
Indian residents can buy TRES 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 TRES and buy
Find the fund by its ticker, TRES, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in TRES from India
Trading and taxes when buying TRES 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
- 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 TRES price today?
Invesco US Treasury Bond UCITS ETF (TRES) last traded at $34.29 on the London Stock Exchange ETF segment, as of 28 Sep 2026, 11:10 AM ET. That is ₹3,294 a unit at the 28 Sep 2026 USD/INR rate.
When does TRES 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 TRES, and what does it cost to hold?
Invesco US Treasury Bond UCITS ETF manages about $629.3M. Its expense ratio is 0.06% a year, deducted inside the fund. It launched in 2019.
Is TRES a UCITS ETF?
Yes. Invesco US Treasury Bond 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 TRES's largest holdings?
The top three are US TSY N/B 3.875% 15/08/34 (0.9%), US TSY N/B 4.375% 15/05/36 (0.9%) and US TSY N/B 4.375% 15/05/34 (0.8%). TRES's 10 largest positions make up 8.2% of the fund.
Is TRES subject to US estate tax?
No. Because TRES 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 TRES accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on TRES 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 TRES performed?
TRES' price is down 5.7% over the past year and down 20.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is TRES different from a US-listed ETF?
TRES 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.