XETRA · UCITS ETF
Invest in CBUH ETF from India
Indian and foreign residents can buy iShares MSCI World Momentum Factor Advanced UCITS ETF (CBUH) units directly through Paasa.
By Paasa · Updated
CBUH at a glance
- Price
- €7.14+€0.02 (0.31%)
- Expense ratio
- 0.25%
- Day range
- €7.14 – €7.16
- Assets
- €271.6M
- Domicile
- Ireland
- Holdings
- 186
- Launched
- 2021
- Dividends
- —
- 1 month
- +2.61%
- 6 months
- +24.86%
- YTD
- +24.43%
- 1 year
- +27.99%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1APPLE4.0%
- 2NVIDIA3.9%
- 3ALPHABET CLASS A2.9%
- 4JOHNSON & JOHNSON2.7%
- 5MICRON TECHNOLOGY2.4%
- 6ROYAL BANK OF CANADA2.2%
- 7TORONTO DOMINION2.1%
- 8NOVARTIS AG2.1%
- 9CATERPILLAR INC2.0%
- 10TOTALENERGIES1.9%
CBUH holds 186 securities in total. These 10 are 26.2% of the fund.
Where the money is invested
Sectors
- Technology31.6%
- Financial Services22.3%
- Industrials12.7%
- Healthcare10.3%
- Energy6.6%
- Communication Services5.7%
Countries
- United States60.6%
- Canada11.2%
- Japan7.4%
- Switzerland6.1%
- France2.6%
- Spain2.2%
How to invest in CBUH 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 EUR when you buy.
Step 3
Search CBUH and buy
Find the fund by its ticker, CBUH, on XETRA, and place your order.
Why invest in CBUH from India
What CBUH holds
This Fund aims to provide investors with a combined return, encompassing both capital appreciation and income, by tracking the performance of the MSCI World Momentum Advanced Select Net USD Index.
Outside US estate tax
CBUH 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 CBUH's UCITS structure matters for Indian investors
CBUH is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy CBUH from India?
Yes. Indian residents can buy iShares MSCI World Momentum Factor Advanced UCITS ETF (CBUH) through Paasa. It is listed on XETRA and trades in EUR. 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 CBUH invest in?
iShares MSCI World Momentum Factor Advanced UCITS ETF holds 186 securities. Its largest holdings are APPLE (4.0%), NVIDIA (3.9%) and ALPHABET CLASS A (2.9%). Technology is its largest sector at 31.6%. The fund is domiciled in Ireland.
What is the expense ratio of CBUH?
iShares MSCI World Momentum Factor Advanced UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €271.6M.
Is CBUH a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI World Momentum Factor Advanced 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. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell CBUH?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/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.