NYSE Arca · ETF
Invest in CEW ETF from India
Indian and foreign residents can buy WisdomTree Emerging Currency Strategy Fund (CEW) units directly through Paasa.
By Paasa · Updated
CEW at a glance
- Price
- $19.51-$0.05 (0.24%)
- Expense ratio
- 0.55%
- Day range
- $19.51 – $19.60
- Assets
- $19.6M
- Domicile
- the US
- Holdings
- 20
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -1.46%
- 6 months
- +3.45%
- YTD
- +3.28%
- 1 year
- +3.39%
- 5 years
- +10.04%
Price change, excluding dividends.
Top 4 holdings
- 1US Treasury Bill73.4%
- 2CITI REPO 3.88 09292624.3%
- 3WisdomTree Floating Rate Treasury FundUSFR2.0%
- 4CASH-US DOLLAR0.3%
CEW holds 20 securities in total. These 4 are 100.0% of the fund.
How to invest in CEW 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.
Step 3
Search CEW and buy
Find the fund by its ticker, CEW, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in CEW from India
What CEW holds
The fund aims to commit a minimum of 80% of its net assets, along with any capital obtained through borrowing for investment purposes, to holdings whose financial performance is economically linked to a select group of emerging market nations. For any money market instruments it holds, the fund generally targets a weighted average maturity of 90 days or less.
Hold a dollar asset
CEW is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one CEW unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy CEW from India?
Yes. Indian residents can buy WisdomTree Emerging Currency Strategy Fund (CEW) through Paasa. It is listed on NYSE Arca and trades in US dollars. 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 CEW invest in?
WisdomTree Emerging Currency Strategy Fund holds 20 securities. Its largest holdings are US Treasury Bill (73.4%), CITI REPO 3.88 092926 (24.3%) and WisdomTree Floating Rate Treasury Fund (2.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of CEW?
WisdomTree Emerging Currency Strategy Fund has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $19.6M.
How are CEW dividends taxed in India?
WisdomTree Emerging Currency Strategy Fund 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 CEW?
The US does not levy capital gains tax on shares for Indian residents. 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 USD/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.
Can I buy a fraction of one CEW unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $19.51, and there is no minimum trade size.
What happens to my CEW units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.