London Stock Exchange ETF segment · UCITS ETF
Invest in CWEU ETF from India
Indian and foreign residents can buy Amundi Global Bioenergy UCITS ETF (CWEU) units directly through Paasa.
By Paasa · Updated
CWEU at a glance
- Price
- $609.30+$5.35 (0.89%)
- Expense ratio
- 0.35%
- Day range
- $606.80 – $609.30
- Assets
- $132.7M
- Domicile
- Luxembourg
- Holdings
- 26
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -0.43%
- 6 months
- +11.92%
- YTD
- +43.90%
- 1 year
- +49.98%
- 5 years
- +116.62%
Price change, excluding dividends.
Top 10 holdings
- 1VALERO ENERGY CORPORATION7.7%
- 2HF SINCLAIR CORP7.7%
- 3UPM-KYMMENE OYJ7.3%
- 4PHILLIPS 667.2%
- 5NESTE OYJ7.1%
- 6NOVONESIS (NOVOZYMES) B6.9%
- 7ENI SPA MILAN6.9%
- 8ARCHER-DANIELS-MIDLAND CO6.8%
- 9BUNGE GLOBAL SA6.6%
- 10DARLING INGREDIENTS INC6.2%
CWEU holds 26 securities in total. These 10 are 70.5% of the fund.
Where the money is invested
Sectors
- Energy37.8%
- Consumer Defensive21.9%
- Basic Materials19.5%
- Industrials13.9%
- Utilities6.4%
- Consumer Cyclical0.2%
Countries
- United States52.0%
- Finland14.4%
- France9.3%
- Denmark7.0%
- Italy6.5%
- Germany4.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| WDNRXETRAAmundi Global Bioenergy UCITS ETF EUR Acc | 0.35% | 118.1M |
Assets are shown in each fund's own reporting currency.
How to invest in CWEU 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 CWEU and buy
Find the fund by its ticker, CWEU, on the London Stock Exchange ETF segment, and place your order.
Why invest in CWEU from India
What CWEU holds
The Amundi Global Bioenergy UCITS ETF USD Acc (CWEU.L) is engineered to closely mirror the performance of the Bloomberg BioEnergy Screened Index, whether that index is experiencing growth or decline. A primary goal of this fund is to keep the difference between its own net asset value and the index's performance as small as possible, thereby minimizing tracking error.
Outside US estate tax
CWEU is domiciled in Luxembourg, 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 CWEU'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
CWEU 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 CWEU's UCITS structure matters for Indian investors
CWEU is domiciled in Luxembourg, 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 CWEU from India?
Yes. Indian residents can buy Amundi Global Bioenergy UCITS ETF (CWEU) 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 CWEU invest in?
Amundi Global Bioenergy UCITS ETF holds 26 securities. Its largest holdings are VALERO ENERGY CORPORATION (7.7%), HF SINCLAIR CORP (7.7%) and UPM-KYMMENE OYJ (7.3%). Energy is its largest sector at 37.8%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of CWEU?
Amundi Global Bioenergy UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $132.7M.
Is CWEU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Global Bioenergy UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does CWEU pay dividends?
No. Amundi Global Bioenergy 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 CWEU?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are 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.