UBS Core BBG US Liquid Corp UCITS ETF hGBP dis
UBS Core BBG US Liquid Corp UCITS ETF hGBP dis (LSE: UC85) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £13.11 (about ₹1,669 a unit) as of 1 Oct 2026, 11:17 AM ET. It has an expense ratio of 0.09% and holds 619 securities. Indian residents can buy UC85 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£13.07
Today's high
£13.11
52 week low
£13.07
52 week high
£14.30
UC85 opened at £13.11, closed previously at £13.12, and has traded between £13.07 and £14.30 over the past 52 weeks.
About
This fund aims to closely mirror the overall price and income returns of the Bloomberg US Liquid Corporates Total Return Index, before any deductions for fees. It specifically targets the performance of this index after hedging its currency exposure to Great British Pounds. To achieve its objective, the fund primarily invests in the constituent bonds of this benchmark. It provides investors with access to high-quality, US dollar-denominated debt securities issued by a range of American corporations across key sectors like finance, industry, and utilities. This particular share class is denominated in Great British Pounds and incorporates a currency-hedging mechanism designed to lessen the impact of exchange rate volatility between the US Dollar and Sterling. The fund itself employs a passive management approach, focused solely on tracking its underlying index.
Key statistics
Expense ratio
0.09%
Assets (AUM)
£374.6M
Holdings
619
NAV
£1,312.62
Avg. volume
—
1-year price change
-7.22%
5-year price change
-24.65%
Price change excludes dividends.
Top 10 holdings
UC85 holds 619 securities in total. These 10 are 4.6% of the fund.
Where the money is invested
Countries
How to buy UC85 from India
Indian residents can buy UC85 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 GBP when you buy.
Search UC85 and buy
Find the fund by its ticker, UC85, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in UC85 from India
Trading and taxes when buying UC85 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 UC85 price today?
UBS Core BBG US Liquid Corp UCITS ETF hGBP dis (UC85) last traded at £13.11 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:17 AM ET. That is ₹1,669 a unit at the 30 Sep 2026 GBP/INR rate.
When does UC85 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 UC85, and what does it cost to hold?
UBS Core BBG US Liquid Corp UCITS ETF hGBP dis manages about £374.6M. Its expense ratio is 0.09% a year, deducted inside the fund. It launched in 2014.
Is UC85 a UCITS ETF?
Yes. UBS Core BBG US Liquid Corp UCITS ETF hGBP dis is a UCITS fund domiciled in Luxembourg, 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 GBP.
What are UC85's largest holdings?
The top three are SPCX 5.35 07/15/31 (0.6%), META 4 7/8 11/15/35 (0.5%) and SPCX 5.65 07/15/33 (0.5%). UC85's 10 largest positions make up 4.6% of the fund.
Is UC85 subject to US estate tax?
No. Because UC85 is domiciled in Luxembourg 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 UC85 accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on UC85 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 UC85 performed?
UC85's price is down 7.2% over the past year and down 24.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is UC85 different from a US-listed ETF?
UC85 is domiciled in Luxembourg rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.