London Stock Exchange ETF segment · UCITS ETF
Invest in CBS5 ETF from India
Indian and foreign residents can buy UBS Bloomberg MSCI US Liquid Corporates 1-5 Y Sus UCITS ETF (CBS5) units directly through Paasa.
By Paasa · Updated
CBS5 at a glance
- Price
- £9.89-£0.03 (0.29%)
- Expense ratio
- 0.15%
- Day range
- £9.89 – £9.90
- Assets
- £95.3M
- Domicile
- Luxembourg
- Holdings
- 168
- Launched
- 2022
- Dividends
- —
- 1 month
- +0.61%
- 6 months
- -0.62%
- YTD
- +0.50%
- 1 year
- +1.70%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1CRM 4.65 03/15/291.3%
- 2NVDA 4 1/2 06/15/311.2%
- 3CRM 4 1/2 03/15/281.1%
- 4NVDA 4 1/4 06/15/281.1%
- 5AMAZON.COM INC 4.25%/26-1303311.1%
- 6NVDA 4.35 06/15/291.1%
- 7GOOGL 4 7/8 08/15/311.1%
- 8WFC 5.15 04/23/311.1%
- 9ORCL 4.95 02/04/311.1%
- 10BAC 4.477 04/23/301.0%
CBS5 holds 168 securities in total. These 10 are 11.3% of the fund.
Where the money is invested
Countries
- United States99.9%
- Other0.1%
How to invest in CBS5 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 GBP when you buy.
Step 3
Search CBS5 and buy
Find the fund by its ticker, CBS5, on the London Stock Exchange ETF segment, and place your order.
Why invest in CBS5 from India
What CBS5 holds
This fund endeavors to replicate, before any charges, the comprehensive price and income performance of its benchmark, the Bloomberg MSCI US Liquid Corporates 1-5 Year Sustainable Index. This index comprises highly marketable corporate bonds with maturities ranging from one to five years, issued by financially stable companies that also satisfy specific ethical, moral, or religious values-based criteria.
Outside US estate tax
CBS5 is domiciled in Luxembourg, 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 CBS5's UCITS structure matters for Indian investors
CBS5 is domiciled in Luxembourg, 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 CBS5 from India?
Yes. Indian residents can buy UBS Bloomberg MSCI US Liquid Corporates 1-5 Y Sus UCITS ETF (CBS5) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 CBS5 invest in?
UBS Bloomberg MSCI US Liquid Corporates 1-5 Y Sus UCITS ETF holds 168 securities. Its largest holdings are CRM 4.65 03/15/29 (1.3%), NVDA 4 1/2 06/15/31 (1.2%) and CRM 4 1/2 03/15/28 (1.1%). The fund is domiciled in Luxembourg.
What is the expense ratio of CBS5?
UBS Bloomberg MSCI US Liquid Corporates 1-5 Y Sus UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about £95.3M.
Is CBS5 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Bloomberg MSCI US Liquid Corporates 1-5 Y Sus UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
What tax do I pay in India when I sell CBS5?
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 GBP/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.