London Stock Exchange ETF segment · UCITS ETF
Invest in CBUG ETF from India
Indian and foreign residents can buy iShares $ Treasury Bond 3-7yr UCITS ETF (CBUG) units directly through Paasa.
By Paasa · Updated
CBUG at a glance
- Price
- £4.42-£0.01 (0.13%)
- Expense ratio
- 0.1%
- Day range
- £4.41 – £4.43
- Assets
- £329.1M
- Domicile
- Ireland
- Holdings
- 87
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- +0.85%
- 6 months
- -3.34%
- YTD
- -5.41%
- 1 year
- -4.80%
- 5 years
- -14.72%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE 4.00% 02/28/2030 (TNOTE)2.1%
- 2TREASURY NOTE 3.88% 08/15/2033 (TNOTE)2.0%
- 3TREASURY NOTE 4.13% 11/15/2032 (TNOTE)2.0%
- 4TREASURY NOTE 0.88% 11/15/2030 (TNOTE)1.9%
- 5TREASURY NOTE 1.25% 08/15/2031 (TNOTE)1.9%
- 6TREASURY NOTE 2.88% 05/15/2032 (TNOTE)1.9%
- 7TREASURY NOTE 3.50% 02/15/2033 (TNOTE)1.9%
- 8TREASURY NOTE 1.38% 11/15/2031 (TNOTE)1.9%
- 9TREASURY NOTE 1.13% 02/15/2031 (TNOTE)1.9%
- 10TREASURY NOTE 1.63% 05/15/2031 (TNOTE)1.9%
CBUG holds 87 securities in total. These 10 are 19.4% of the fund.
Where the money is invested
Countries
- United States100.0%
- Ireland0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CBU7LSEiShares $ Treasury Bond 3-7yr UCITS ETF | 0.07% | 8.1B |
| CBUEXETRAiShares $ Treasury Bond 3-7yr UCITS ETF | 0.1% | 1.2B |
| OM3MXETRAiShares $ Treasury Bond 3-7yr UCITS ETF | 0.07% | 178.0M |
Assets are shown in each fund's own reporting currency.
How to invest in CBUG 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 CBUG and buy
Find the fund by its ticker, CBUG, on the London Stock Exchange ETF segment, and place your order.
Why invest in CBUG from India
What CBUG holds
The objective of this Fund is to mirror the performance of a specific index. This index consists solely of government bonds issued by the US Treasury, which are all denominated in US Dollars.
Outside US estate tax
CBUG 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 CBUG's UCITS structure matters for Indian investors
CBUG 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 CBUG from India?
Yes. Indian residents can buy iShares $ Treasury Bond 3-7yr UCITS ETF (CBUG) 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 CBUG invest in?
iShares $ Treasury Bond 3-7yr UCITS ETF holds 87 securities. Its largest holdings are TREASURY NOTE 4.00% 02/28/2030 (TNOTE) (2.1%), TREASURY NOTE 3.88% 08/15/2033 (TNOTE) (2.0%) and TREASURY NOTE 4.13% 11/15/2032 (TNOTE) (2.0%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of CBUG?
iShares $ Treasury Bond 3-7yr UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about £329.1M.
Is CBUG a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ Treasury Bond 3-7yr 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 CBUG dividends taxed in India?
iShares $ Treasury Bond 3-7yr 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 CBUG?
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.