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London Stock Exchange ETF segment · UCITS ETF

Invest in COCB ETF from India

Indian and foreign residents can buy WisdomTree AT1 CoCo Bond UCITS ETF (COCB) units directly through Paasa.

By Paasa · Updated

COCB at a glance

Price
$138.74-$0.66 (0.47%)
Expense ratio
0.39%
Day range
$138.74 – $138.74
Assets
$463.5M
Domicile
Ireland
Holdings
157
Launched
2018
Dividends
Accumulating
1 month
-3.75%
6 months
+1.89%
YTD
-0.89%
1 year
+0.97%
5 years
+12.34%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1Deutsche Bank AG VAR 30/04/756.5%
  2. 2UniCredit SpA VAR 03/06/752.4%
  3. 3Credit Agricole SA VAR 23/03/752.2%
  4. 4Nationwide Building Society VAR 20/12/742.0%
  5. 5Erste Group Bank AG VAR 15/10/742.0%
  6. 6ING Groep NV VAR 16/05/751.9%
  7. 7Barclays PLC VAR 15/09/751.5%
  8. 8UniCredit SpA VAR 03/12/741.5%
  9. 9NatWest Group PLC VAR 31/12/741.4%
  10. 10ABN AMRO Bank NV VAR 22/03/751.4%

COCB holds 157 securities in total. These 10 are 22.8% of the fund.

Where the money is invested

Sectors

  • Financial Services2.5%

Countries

  • United Kingdom29.3%
  • France16.5%
  • Spain13.5%
  • Netherlands9.0%
  • Italy8.8%
  • Germany8.6%

Similar funds

FundExpense ratioAssets
AT1LSEInvesco USD AT1 CoCo Bond UCITS ETF0.39%1.6B
XAT1XETRAInvesco USD AT1 CoCo Bond UCITS ETF0.39%1.4B
AT1SLSEInvesco USD AT1 CoCo Bond UCITS ETF0.39%1.2B
WTEBXETRAWisdomTree AT1 CoCo Bond UCITS ETF - EUR Hedged0.39%463.5M
CCBOLSEWisdomTree AT1 CoCo Bond UCITS ETF - USD0.39%463.5M

Assets are shown in each fund's own reporting currency.

How to invest in COCB 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.

  3. Step 3

    Search COCB and buy

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

Why invest in COCB from India

What COCB holds

This investment vehicle is engineered to mirror the financial performance of the iBoxx Contingent Convertible Liquid Developed Europe AT1 Index. Its primary aim is to precisely track the returns generated by this index, prior to the subtraction of any associated management fees or operational costs.

Outside US estate tax

COCB is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.

Dividends reinvested for you

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

Hold a dollar asset

COCB 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.

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 COCB's UCITS structure matters for Indian investors

COCB 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.

See UCITS options

Frequently asked questions

Can I buy COCB from India?

Yes. Indian residents can buy WisdomTree AT1 CoCo Bond UCITS ETF (COCB) through Paasa. It is listed on the London Stock Exchange ETF segment 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 COCB invest in?

WisdomTree AT1 CoCo Bond UCITS ETF holds 157 securities. Its largest holdings are Deutsche Bank AG VAR 30/04/75 (6.5%), UniCredit SpA VAR 03/06/75 (2.4%) and Credit Agricole SA VAR 23/03/75 (2.2%). Financial Services is its largest sector at 2.5%. It is an accumulating fund domiciled in Ireland.

What is the expense ratio of COCB?

WisdomTree AT1 CoCo Bond UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about $463.5M.

Is COCB a UCITS ETF, and why does that matter for Indian investors?

Yes. WisdomTree AT1 CoCo 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.

Does COCB pay dividends?

No. WisdomTree AT1 CoCo Bond UCITS 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 COCB?

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.

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