London Stock Exchange ETF segment · UCITS ETF
Invest in CYGB ETF from India
Indian and foreign residents can buy iShares China CNY Bond UCITS ETF (CYGB) units directly through Paasa.
By Paasa · Updated
CYGB at a glance
- Price
- £5.94-£0.00 (0.08%)
- Expense ratio
- 0.4%
- Day range
- £5.93 – £5.96
- Assets
- £194.6M
- Domicile
- Ireland
- Holdings
- 113
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- +0.55%
- 6 months
- +2.10%
- YTD
- +3.53%
- 1 year
- +3.53%
- 5 years
- +16.98%
Price change, excluding dividends.
Top 10 holdings
- 1CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB)6.7%
- 2CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49% 12/25/2031 (CGB)6.6%
- 3CHINA PEOPLES REPUBLIC OF (GOVERNM 1.45% 02/25/2028 (CGB)4.8%
- 4CHINA DEVELOPMENT BANK 3.80% 01/25/2036 (SDBC)3.8%
- 5CHINA DEVELOPMENT BANK 3.48% 01/08/2029 (SDBC)3.8%
- 6CHINA PEOPLES REPUBLIC OF (GOVERNM 1.43% 01/25/2030 (CGB)3.7%
- 7CHINA PEOPLES REPUBLIC OF (GOVERNM 2.52% 08/25/2033 (CGB)3.5%
- 8CHINA DEVELOPMENT BANK 3.07% 03/10/2030 (SDBC)3.3%
- 9CHINA PEOPLES REPUBLIC OF (GOVERNM 1.46% 05/25/2028 (CGB)2.8%
- 10CHINA PEOPLES REPUBLIC OF (GOVERNM 2.49% 05/25/2044 (CGB)2.7%
CYGB holds 113 securities in total. These 10 are 41.7% of the fund.
Where the money is invested
Countries
- China99.9%
- United States0.1%
- Ireland0.0%
- Other0.0%
- United Kingdom0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DRGNLSEL&G China CNY Bond UCITS ETF | 0.3% | 107.6M |
| CYBEAMSiShares China CNY Bond UCITS ETF EUR | 0.4% | 362.5M |
| CNYBAMSiShares China CNY Bond UCITS ETF | 0.35% | 632.3M |
| CYBAAMSiShares China CNY Bond UCITS ETF | 0.35% | 310.4M |
| CYBUAMSiShares China CNY Bond UCITS ETF | 0.4% | 997.0M |
Assets are shown in each fund's own reporting currency.
How to invest in CYGB 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 GBP when you buy.
Step 3
Search CYGB and buy
Find the fund by its ticker, CYGB, on the London Stock Exchange ETF segment, and place your order.
Why invest in CYGB from India
What CYGB holds
This Fund is designed to replicate the performance of an index comprising fixed-coupon sovereign debt issued by the People's Republic of China's Ministry of Finance, as well as debt instruments originating from Chinese policy banks.
Outside US estate tax
CYGB 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 CYGB's UCITS structure matters for Indian investors
CYGB 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 CYGB from India?
Yes. Indian residents can buy iShares China CNY Bond UCITS ETF (CYGB) 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 CYGB invest in?
iShares China CNY Bond UCITS ETF holds 113 securities. Its largest holdings are CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB) (6.7%), CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49% 12/25/2031 (CGB) (6.6%) and CHINA PEOPLES REPUBLIC OF (GOVERNM 1.45% 02/25/2028 (CGB) (4.8%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of CYGB?
iShares China CNY Bond UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about £194.6M.
Is CYGB a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares China CNY 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.
How are CYGB dividends taxed in India?
iShares China CNY Bond UCITS ETF 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 CYGB?
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.