London Stock Exchange ETF segment · ETF
Invest in CBUG ETF from India
Indian and foreign residents can buy iShares VII PLC - iShares $ Treasury Bd 3-7yr ETF GBPHDist (CBUG) units directly through Paasa.
By Paasa · Updated
CBUG at a glance
- Price
- £4.38+£0.02 (0.37%)
- Expense ratio
- 0.1%
- Day range
- £4.37 – £4.38
- Assets
- £327.8M
- Domicile
- Ireland
- Holdings
- 87
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -2.04%
- 6 months
- -3.76%
- YTD
- -6.23%
- 1 year
- -5.01%
- 5 years
- -16.11%
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)2.1%
- 3TREASURY NOTE 1.25% 08/15/2031 (TNOTE)2.0%
- 4TREASURY NOTE 4.13% 11/15/2032 (TNOTE)2.0%
- 5TREASURY NOTE 1.38% 11/15/2031 (TNOTE)1.9%
- 6TREASURY NOTE 0.88% 11/15/2030 (TNOTE)1.9%
- 7TREASURY NOTE 2.88% 05/15/2032 (TNOTE)1.9%
- 8TREASURY NOTE 3.38% 05/15/2033 (TNOTE)1.9%
- 9TREASURY NOTE 3.50% 02/15/2033 (TNOTE)1.9%
- 10TREASURY NOTE 1.63% 05/15/2031 (TNOTE)1.9%
CBUG holds 87 securities in total. These 10 are 19.5% of the fund.
Where the money is invested
Sectors
- Government99.9%
- Corporate0.0%
Countries
- United States97.2%
- Other2.7%
- Ireland0.0%
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.
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.
Frequently asked questions
Can I buy CBUG from India?
Yes. Indian residents can buy iShares VII PLC - iShares $ Treasury Bd 3-7yr ETF GBPHDist (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 VII PLC - iShares $ Treasury Bd 3-7yr ETF GBPHDist 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) (2.1%) and TREASURY NOTE 1.25% 08/15/2031 (TNOTE) (2.0%). Corporate is its largest sector at 0.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of CBUG?
iShares VII PLC - iShares $ Treasury Bd 3-7yr ETF GBPHDist has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about £327.8M.
How are CBUG dividends taxed in India?
iShares VII PLC - iShares $ Treasury Bd 3-7yr ETF GBPHDist 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.