London Stock Exchange ETF segment · UCITS ETF
Invest in EEXF ETF from India
Indian and foreign residents can buy iShares € Corp Bond ex-Financials UCITS ETF (EEXF) units directly through Paasa.
By Paasa · Updated
EEXF at a glance
- Price
- £89.86-£0.26 (0.28%)
- Expense ratio
- 0.2%
- Day range
- £89.72 – £89.88
- Assets
- £712.5M
- Domicile
- Ireland
- Holdings
- 2,517
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -1.67%
- 6 months
- -4.49%
- YTD
- -6.52%
- 1 year
- -6.11%
- 5 years
- -13.18%
Price change, excluding dividends.
Top 10 holdings
- 1ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 03/17/2028 (ABIBB)0.2%
- 2ANHEUSER-BUSCH INBEV NV MTN RegS 2.75% 03/17/2036 (ABIBB)0.2%
- 3VERIZON COMMUNICATIONS INC 4.25% 08/15/2056 (VZ)0.1%
- 4AMAZON.COM INC 3.70% 03/16/2035 (AMZN)0.1%
- 5BP CAPITAL MARKETS PLC NC9 RegS 3.63% 12/31/2079 (BPLN)0.1%
- 6VERIZON COMMUNICATIONS INC 4.00% 06/15/2056 (VZ)0.1%
- 7AMAZON.COM INC 4.05% 03/16/2039 (AMZN)0.1%
- 8SANOFI SA MTN RegS 1.38% 03/21/2030 (SANFP)0.1%
- 9ORANGE SA MTN 8.13% 01/28/2033 (ORAFP)0.1%
- 10AMAZON.COM INC 3.35% 03/16/2032 (AMZN)0.1%
EEXF holds 2,517 securities in total. These 10 are 1.4% of the fund.
Where the money is invested
Sectors
- Corporate99.6%
- Securitized0.3%
Countries
- United States19.8%
- Netherlands17.8%
- France17.4%
- Germany9.3%
- United Kingdom7.9%
- Luxembourg4.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| ISXFLSEiShares GBP Corp Bond ex-Financials UCITS ETF | 0.2% | 37.6M |
| IEXAXETRAiShares € Corp Bond ex-Financials UCITS ETF | 0.2% | 32.3M |
Assets are shown in each fund's own reporting currency.
How to invest in EEXF 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 EEXF and buy
Find the fund by its ticker, EEXF, on the London Stock Exchange ETF segment, and place your order.
Why invest in EEXF from India
What EEXF holds
This fund aims to replicate the returns of a benchmark portfolio, which consists solely of high-quality corporate debt securities issued in Euros.
Outside US estate tax
EEXF 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 EEXF's UCITS structure matters for Indian investors
EEXF 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 EEXF from India?
Yes. Indian residents can buy iShares € Corp Bond ex-Financials UCITS ETF (EEXF) 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 EEXF invest in?
iShares € Corp Bond ex-Financials UCITS ETF holds 2,517 securities. Its largest holdings are ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 03/17/2028 (ABIBB) (0.2%), ANHEUSER-BUSCH INBEV NV MTN RegS 2.75% 03/17/2036 (ABIBB) (0.2%) and VERIZON COMMUNICATIONS INC 4.25% 08/15/2056 (VZ) (0.1%). Securitized is its largest sector at 0.3%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of EEXF?
iShares € Corp Bond ex-Financials UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about £712.5M.
Is EEXF a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares € Corp Bond ex-Financials 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 EEXF dividends taxed in India?
iShares € Corp Bond ex-Financials 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 EEXF?
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.