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London Stock Exchange ETF segment · ETF

Invest in CE71 ETF from India

Indian and foreign residents can buy iShares VII PLC - iShares € Govt Bond 3-7yr ETF (CE71) units directly through Paasa.

By Paasa · Updated

CE71 at a glance

Price
£111.18-£0.63 (0.56%)
Expense ratio
0.15%
Day range
£111.18 – £111.67
Assets
£1.2B
Domicile
Ireland
Holdings
72
Launched
2009
Dividends
Accumulating
1 month
-2.23%
6 months
-4.08%
YTD
-4.89%
1 year
-4.27%
5 years
-6.21%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2030 (FRTR)3.4%
  2. 2FRANCE (REPUBLIC OF) 2.70% 02/25/2031 (FRTR)3.4%
  3. 3FRANCE (REPUBLIC OF) 2.00% 11/25/2032 (FRTR)3.2%
  4. 4FRANCE (REPUBLIC OF) RegS 0.00% 11/25/2030 (FRTR)3.0%
  5. 5FRANCE (REPUBLIC OF) RegS 0.00% 11/25/2031 (FRTR)2.8%
  6. 6FRANCE (REPUBLIC OF) 3.00% 05/25/2033 (FRTR)2.7%
  7. 7FRANCE (REPUBLIC OF) RegS 0.00% 11/25/2029 (FRTR)2.6%
  8. 8FRANCE (REPUBLIC OF) RegS 0.00% 05/25/2032 (FRTR)2.3%
  9. 9GERMANY (FEDERAL REPUBLIC OF) RegS 2.50% 04/16/2031 (OBL)2.1%
  10. 10GERMANY (FEDERAL REPUBLIC OF) RegS 2.30% 02/15/2033 (DBR)2.1%

CE71 holds 72 securities in total. These 10 are 27.6% of the fund.

Where the money is invested

Sectors

  • Government100.0%
  • Corporate0.0%

Countries

  • Germany26.7%
  • Italy26.6%
  • France24.6%
  • Spain16.5%
  • Netherlands4.7%
  • Other0.9%

How to invest in CE71 from India

  1. 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.

  2. 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.

  3. Step 3

    Search CE71 and buy

    Find the fund by its ticker, CE71, on the London Stock Exchange ETF segment, and place your order.

Why invest in CE71 from India

What CE71 holds

This fund endeavors to replicate the returns of a benchmark comprising investment-grade government debt securities issued by Eurozone nations.

Dividends reinvested for you

Dividends from CE71's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

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 CE71 from India?

Yes. Indian residents can buy iShares VII PLC - iShares € Govt Bond 3-7yr ETF (CE71) 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 CE71 invest in?

iShares VII PLC - iShares € Govt Bond 3-7yr ETF holds 72 securities. Its largest holdings are FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2030 (FRTR) (3.4%), FRANCE (REPUBLIC OF) 2.70% 02/25/2031 (FRTR) (3.4%) and FRANCE (REPUBLIC OF) 2.00% 11/25/2032 (FRTR) (3.2%). Corporate is its largest sector at 0.0%. It is an accumulating fund domiciled in Ireland.

What is the expense ratio of CE71?

iShares VII PLC - iShares € Govt Bond 3-7yr 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 £1.2B.

Does CE71 pay dividends?

No. iShares VII PLC - iShares € Govt Bond 3-7yr ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

What tax do I pay in India when I sell CE71?

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.

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