London Stock Exchange ETF segment · UCITS ETF
Invest in CATB ETF from India
Indian and foreign residents can buy HANetf II ICAV - KRC Cat Bond UCITS ETF Accum (CATB) units directly through Paasa.
By Paasa · Updated
CATB at a glance
- Price
- $10.85-$0.01 (0.06%)
- Expense ratio
- 1.28%
- Day range
- $10.80 – $10.87
- Assets
- $25.8M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2025
- Dividends
- Accumulating
- 1 month
- +0.93%
- 6 months
- +6.06%
- YTD
- +8.07%
- 1 year
- —
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1US TREASURY N/B 4.750% 09/30/28 4.75% 09/30/202811.8%
- 2TREASURY BILL 0.000% 11/27/26 0% 11/27/20265.9%
- 3SANDERS RE II LTD FLT 04/07/29 SR:B 9.35% 04/07/20293.1%
- 4Cash & Other2.7%
- 53264 RE LTD FLT 02/07/28 SR:A 24.96% 02/07/20282.2%
- 6FLOODSMART RE LTD FLT 03/12/27 SR:A 17.72% 03/12/20272.1%
- 7KILIMANJARO III RE LTD FLT 07/09/29 SR:d-1 15.48% 07/09/20292.1%
- 8CITRUS RE LTD FLT 06/07/29 SR:B 9.98% 06/07/20292.1%
- 9ABACAB RE LTD FLT 04/13/29 SR:1 10.04% 04/13/20292.1%
- 10BLACK KITE RE LTD FLT 05/08/28 SR:A 11.69% 05/08/20282.1%
These 10 are 36.1% of the fund.
Where the money is invested
Countries
- United States92.9%
- Other7.1%
How to invest in CATB 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.
Step 3
Search CATB and buy
Find the fund by its ticker, CATB, on the London Stock Exchange ETF segment, and place your order.
Why invest in CATB from India
What CATB holds
The investment objective of the Fund is to achieve long term investment returns by primarily investing in a portfolio of catastrophe bonds (Cat Bonds) that may have the potential to generate income and capital preservation.
Outside US estate tax
CATB is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from CATB's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
CATB is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 CATB's UCITS structure matters for Indian investors
CATB 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 CATB from India?
Yes. Indian residents can buy HANetf II ICAV - KRC Cat Bond UCITS ETF Accum (CATB) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 CATB invest in?
Its largest holdings are US TREASURY N/B 4.750% 09/30/28 4.75% 09/30/2028 (11.8%), TREASURY BILL 0.000% 11/27/26 0% 11/27/2026 (5.9%) and SANDERS RE II LTD FLT 04/07/29 SR:B 9.35% 04/07/2029 (3.1%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of CATB?
HANetf II ICAV - KRC Cat Bond UCITS ETF Accum has an expense ratio of 1.28% a year, taken from the fund's assets rather than billed to you. The fund manages about $25.8M.
Is CATB a UCITS ETF, and why does that matter for Indian investors?
Yes. HANetf II ICAV - KRC Cat Bond UCITS ETF Accum 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.
Does CATB pay dividends?
No. HANetf II ICAV - KRC Cat Bond UCITS ETF Accum is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell CATB?
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 USD/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.