XETRA · UCITS ETF
Invest in CBUP ETF from India
Indian and foreign residents can buy iShares € Green Bond UCITS ETF (CBUP) units directly through Paasa.
By Paasa · Updated
CBUP at a glance
- Price
- €239.93+€0.39 (0.16%)
- Expense ratio
- 0.2%
- Day range
- €239.83 – €240.47
- Assets
- €50.1M
- Domicile
- Ireland
- Holdings
- 788
- Launched
- 2022
- Dividends
- —
- 1 month
- -2.09%
- 6 months
- -1.39%
- YTD
- -2.74%
- 1 year
- -2.44%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE (REPUBLIC OF) 1.75% 06/25/2039 (FRTR)2.1%
- 2EUROPEAN UNION RegS 2.75% 02/04/2033 (EU)1.4%
- 3BLK LEAF FUND AGENCY ACC T0 EUR1.4%
- 4GERMANY (FEDERAL REPUBLIC OF) RegS 1.30% 10/15/2027 (OBL)1.3%
- 5EUROPEAN UNION RegS 0.40% 02/04/2037 (EU)1.2%
- 6ITALY (REPUBLIC OF) 4.05% 10/30/2037 (BTPS)1.2%
- 7EUROPEAN UNION RegS 3.25% 02/04/2050 (EU)1.2%
- 8ITALY (REPUBLIC OF) 4.00% 10/30/2031 (BTPS)1.2%
- 9GERMANY (FEDERAL REPUBLIC OF) RegS 2.30% 02/15/2033 (DBR)1.1%
- 10FRANCE (REPUBLIC OF) 0.50% 06/25/2044 (FRTR)1.1%
CBUP holds 788 securities in total. These 10 are 13.1% of the fund.
Where the money is invested
Countries
- Germany20.1%
- France15.8%
- Netherlands10.5%
- Belgium8.3%
- Italy7.8%
- Other5.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| BGRNNASDAQiShares USD Green Bond ETF | 0.2% | 498.3M |
| GRNBAMEXVanEck Green Bond ETF | 0.2% | 188.4M |
Assets are shown in each fund's own reporting currency.
How to invest in CBUP 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 CBUP and buy
Find the fund by its ticker, CBUP, on XETRA, and place your order.
Why invest in CBUP from India
What CBUP holds
This fund aims to replicate the performance of an index that comprises high-quality, euro-denominated green bonds, all of which are issued to finance environmentally beneficial projects.
Outside US estate tax
CBUP 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 CBUP's UCITS structure matters for Indian investors
CBUP 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 CBUP from India?
Yes. Indian residents can buy iShares € Green Bond UCITS ETF (CBUP) 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 CBUP invest in?
iShares € Green Bond UCITS ETF holds 788 securities. Its largest holdings are FRANCE (REPUBLIC OF) 1.75% 06/25/2039 (FRTR) (2.1%), EUROPEAN UNION RegS 2.75% 02/04/2033 (EU) (1.4%) and BLK LEAF FUND AGENCY ACC T0 EUR (1.4%). The fund is domiciled in Ireland.
What is the expense ratio of CBUP?
iShares € Green Bond UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €50.1M.
Is CBUP a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares € Green Bond 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.
What tax do I pay in India when I sell CBUP?
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 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.