London Stock Exchange ETF segment · UCITS ETF
Invest in 0Y3O ETF from India
Indian and foreign residents can buy iShares Global High Yield Corp Bond UCITS ETF (0Y3O) units directly through Paasa.
By Paasa · Updated
0Y3O at a glance
- Price
- CHF 65.54-CHF 0.51 (0.76%)
- Expense ratio
- 0.55%
- Day range
- CHF 65.54 – CHF 66.36
- Assets
- CHF 176.7M
- Domicile
- Ireland
- Holdings
- 1,829
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -3.14%
- 6 months
- -4.72%
- YTD
- -7.75%
- 1 year
- -9.82%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LIQ AGENCY DIS1.5%
- 2MPT OPERATING PARTNERSHIP LP / MPT 144A 9.25% 02/15/2032 (MPW)0.5%
- 3BLK LEAF FUND AGENCY ACC T0 EUR0.4%
- 4ECHOSTAR CORP 6.75% 11/30/2030 (ECHO)0.4%
- 5MERIDIAN ARC HOLDCO LLC 144A 6.25% 04/30/2031 (MERIDI)0.3%
- 6CCO HOLDINGS LLC 4.50% 05/01/2032 (CHTR)0.3%
- 7ECHOSTAR CORP 10.75% 11/30/2029 (ECHO)0.3%
- 8PR RNO PROPERTY OWNER 1 LLC 144A 6.50% 05/01/2031 (TRACTD)0.3%
- 9CVS HEALTH CORP NC5.25 7.00% 03/10/2055 (CVS)0.3%
- 101261229 BC LTD 144A 10.00% 04/15/2032 (BHCCN)0.3%
0Y3O holds 1,829 securities in total. These 10 are 4.5% of the fund.
Where the money is invested
Countries
- United States57.4%
- France7.0%
- United Kingdom6.7%
- Italy4.2%
- Germany3.5%
- Netherlands3.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HYLALSEiShares Global High Yield Corp Bond UCITS ETF | 0.5% | 655.5M |
| HYLHLSEiShares Global High Yield Corp Bond UCITS ETF USD Hedged (Acc) | 0.55% | 302.5M |
| GHYGLSEiShares Global High Yield Corp Bond UCITS ETF | 0.55% | 371.9M |
| HYLEXETRAiShares Global High Yield Corp Bond UCITS ETF | 0.55% | 377.4M |
| HYLDLSEiShares Global High Yield Corp Bond UCITS ETF USD | 0.5% | 918.3M |
Assets are shown in each fund's own reporting currency.
How to invest in 0Y3O from India
Step 1
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.
Step 2
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 CHF when you buy.
Step 3
Search 0Y3O and buy
Find the fund by its ticker, 0Y3O, on the London Stock Exchange ETF segment, and place your order.
Why invest in 0Y3O from India
What 0Y3O holds
This fund aims to mirror the returns of a specific benchmark comprised of higher-risk corporate debt instruments issued by entities located in established economies.
Outside US estate tax
0Y3O is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why 0Y3O's UCITS structure matters for Indian investors
0Y3O is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy 0Y3O from India?
Yes. Indian residents can buy iShares Global High Yield Corp Bond UCITS ETF (0Y3O) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in CHF. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does 0Y3O invest in?
iShares Global High Yield Corp Bond UCITS ETF holds 1,829 securities. Its largest holdings are BLK ICS USD LIQ AGENCY DIS (1.5%), MPT OPERATING PARTNERSHIP LP / MPT 144A 9.25% 02/15/2032 (MPW) (0.5%) and BLK LEAF FUND AGENCY ACC T0 EUR (0.4%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of 0Y3O?
iShares Global High Yield Corp Bond UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 176.7M.
Is 0Y3O a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global High Yield Corp Bond UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
How are 0Y3O dividends taxed in India?
iShares Global High Yield Corp Bond UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell 0Y3O?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the CHF/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.