SIX Swiss Exchange · UCITS ETF
Invest in CORC ETF from India
Indian and foreign residents can buy iShares Global Corp Bond UCITS ETF (CORC) units directly through Paasa.
By Paasa · Updated
CORC at a glance
- Price
- CHF 4.48+CHF 0.00 (0.01%)
- Expense ratio
- 0.25%
- Day range
- CHF 4.48 – CHF 4.50
- Assets
- CHF 174.6M
- Domicile
- Ireland
- Holdings
- 15,199
- Launched
- 2019
- Dividends
- —
- 1 month
- -3.03%
- 6 months
- -3.03%
- YTD
- -5.49%
- 1 year
- -5.49%
- 5 years
- -16.79%
Price change, excluding dividends.
Top 10 holdings
- 1JAPAN (GOVERNMENT OF) 10YR #352 0.10% 09/20/2028 (JGB)0.4%
- 2CAD CASH0.1%
- 3JAPAN (GOVERNMENT OF) 20YR #153 1.30% 06/20/2035 (JGB)0.1%
- 4SOPAIPILLA INVESTOR LLC 144A 7.53% 11/30/2048 (TXEDCI)0.1%
- 5SPACE EXPLORATION TECHNOLOGIES COR 144A 5.35% 07/15/2031 (SPCX)0.1%
- 6ANHEUSER-BUSCH COMPANIES LLC 4.90% 02/01/2046 (ABIBB)0.1%
- 7CVS HEALTH CORP 5.05% 03/25/2048 (CVS)0.1%
- 8T-MOBILE USA INC 3.88% 04/15/2030 (TMUS)0.1%
- 9META PLATFORMS INC 4.88% 11/15/2035 (META)0.0%
- 10ANHEUSER-BUSCH COMPANIES LLC 4.70% 02/01/2036 (ABIBB)0.0%
CORC holds 15,199 securities in total. These 10 are 1.0% of the fund.
Where the money is invested
Countries
- United States71.3%
- France5.0%
- United Kingdom4.3%
- Canada3.6%
- Germany3.3%
- Spain1.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CORPLSEiShares Global Corp Bond UCITS ETF | 0.2% | 1.8B |
| CRPALSEiShares Global Corp Bond UCITS ETF | 0.2% | 838.7M |
| CRPULSEiShares Global Corp Bond UCITS ETF | 0.25% | 785.7M |
| CRHGLSEiShares Global Corp Bond UCITS ETF | 0.25% | 242.2M |
| IBCQXETRAiShares Global Corp Bond EUR Hedged UCITS ETF (Dist) | 0.25% | 1.1B |
Assets are shown in each fund's own reporting currency.
How to invest in CORC 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 CHF when you buy.
Step 3
Search CORC and buy
Find the fund by its ticker, CORC, on the SIX Swiss Exchange, and place your order.
Why invest in CORC from India
What CORC holds
This ETF endeavors to mirror the returns of a reference index, which is constructed from high-quality corporate debt issued by companies operating in both established and developing nations.
Outside US estate tax
CORC 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 CORC's UCITS structure matters for Indian investors
CORC 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 CORC from India?
Yes. Indian residents can buy iShares Global Corp Bond UCITS ETF (CORC) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 CORC invest in?
iShares Global Corp Bond UCITS ETF holds 15,199 securities. Its largest holdings are JAPAN (GOVERNMENT OF) 10YR #352 0.10% 09/20/2028 (JGB) (0.4%), CAD CASH (0.1%) and JAPAN (GOVERNMENT OF) 20YR #153 1.30% 06/20/2035 (JGB) (0.1%). The fund is domiciled in Ireland.
What is the expense ratio of CORC?
iShares Global Corp Bond 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 CHF 174.6M.
Is CORC a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Corp 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 CORC?
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 CHF/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.