Invesco US Treasury Bond 7-10 Year UCITS ETF
Invesco US Treasury Bond 7-10 Year UCITS ETF (LSE: TREX) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $33.41 (about ₹3,208 a unit) as of 25 Sep 2026, 10:46 AM ET. It has an expense ratio of 0.06%. Indian residents can buy TREX through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$33.39
Today's high
$33.56
52 week low
$33.39
52 week high
$37.00
TREX opened at $33.49, closed previously at $33.51, and has traded between $33.39 and $37.00 over the past 52 weeks.
About
This ETF endeavors to deliver the overall investment return of the Bloomberg U.S. Treasury 7-10 Year Total Return Index USD Unhedged, net of applicable charges. Income generated is distributed to investors on a quarterly basis. The underlying benchmark index measures the performance of specific US Treasury debt instruments: those denominated in US dollars, featuring a fixed interest rate, and having an original maturity period between seven and ten years. Critically, it excludes inflation-linked bonds, variable-rate securities, STRIP bonds (where the principal and interest payments are traded separately), and short-term Treasury bills. The index components are reviewed and adjusted monthly. To achieve its objective, the portfolio management team utilizes sophisticated analytical models and techniques. Instead of acquiring every security within the index, they invest in a carefully selected, representative subset of its constituents. This strategic "sampling" approach is designed to closely mirror the index's performance while simultaneously minimizing the operational costs typically associated with a full replication strategy. As a passively managed investment vehicle, this ETF tracks its specified index rather than actively selecting individual securities. Therefore, an investment in this fund represents ownership of units within an index-tracking fund, rather than direct ownership of the underlying government bonds themselves.
Key statistics
Expense ratio
0.06%
Assets (AUM)
$1.5B
Holdings
—
NAV
$33.50
Avg. volume
—
1-year price change
-6.94%
5-year price change
-23.86%
Price change excludes dividends.
Top 10 holdings
These 10 are 88.7% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy TREX from India
Indian residents can buy TREX 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 TREX and buy
Find the fund by its ticker, TREX, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in TREX from India
Trading and taxes when buying TREX 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 TREX price today?
Invesco US Treasury Bond 7-10 Year UCITS ETF (TREX) last traded at $33.41 on the London Stock Exchange ETF segment, as of 25 Sep 2026, 10:46 AM ET. That is ₹3,208 a unit at the 24 Sep 2026 USD/INR rate.
When does TREX 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 TREX, and what does it cost to hold?
Invesco US Treasury Bond 7-10 Year UCITS ETF manages about $1.5B. Its expense ratio is 0.06% a year, deducted inside the fund. It launched in 2019.
Is TREX a UCITS ETF?
Yes. Invesco US Treasury Bond 7-10 Year 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 TREX's largest holdings?
The top three are US TSY N/B 4.625% 15/02/35 (9.1%), US TSY N/B 4.375% 15/05/34 (9.1%) and US TSY N/B 4.25% 15/11/34 (9.0%). TREX's 10 largest positions make up 88.7% of the fund.
Is TREX subject to US estate tax?
No. Because TREX 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 TREX accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on TREX 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 TREX performed?
TREX's price is down 6.9% over the past year and down 23.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is TREX different from a US-listed ETF?
TREX 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.