London Stock Exchange ETF segment · UCITS ETF
Invest in EMBE ETF from India
Indian and foreign residents can buy iShares J.P. Morgan $ EM Bond UCITS ETF (EMBE) units directly through Paasa.
By Paasa · Updated
EMBE at a glance
- Price
- €64.34-€0.03 (0.05%)
- Expense ratio
- 0.5%
- Day range
- €64.31 – €64.83
- Assets
- €2.1B
- Domicile
- Ireland
- Holdings
- 621
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -4.29%
- 6 months
- -3.46%
- YTD
- -7.70%
- 1 year
- -6.68%
- 5 years
- -27.45%
Price change, excluding dividends.
Top 10 holdings
- 1ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035 (ARGENT)1.2%
- 2ECUADOR REPUBLIC OF (GOVERNMENT) RegS 6.90% 07/31/2035 (ECUA)0.8%
- 3ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 07/09/2030 (ARGENT)0.7%
- 4ARGENTINA REPUBLIC OF GOVERNMENT 5.00% 01/09/2038 (ARGENT)0.7%
- 5GHANA (REPUBLIC OF) DISCO RegS 5.00% 07/03/2035 (GHANA)0.6%
- 6ARGENTINA REPUBLIC OF GOVERNMENT 3.50% 07/09/2041 (ARGENT)0.5%
- 7EAGLE FUNDING LUXCO SARL RegS 5.50% 08/17/2030 (MEXPCP)0.5%
- 8URUGUAY (ORIENTAL REPUBLIC OF) 5.10% 06/18/2050 (URUGUA)0.5%
- 9OMAN SULTANATE OF (GOVERNMENT) RegS 6.75% 01/17/2048 (OMAN)0.4%
- 10UKRAINE (REPUBLIC OF) C BONDS RegS 4.00% 02/01/2032 (UKRAIN)0.4%
EMBE holds 621 securities in total. These 10 are 6.4% of the fund.
Where the money is invested
Countries
- Mexico5.7%
- Turkey4.8%
- Indonesia4.3%
- Brazil3.9%
- Saudi Arabia3.6%
- Poland3.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEMBLSEiShares J.P. Morgan $ EM Bond UCITS ETF | 0.45% | 4.0B |
| JPEALSEiShares J.P. Morgan $ EM Bond UCITS ETF | 0.45% | 2.6B |
| 3SUDXETRAiShares J.P. Morgan $ EM Bond UCITS ETF | 0.5% | 787.2M |
| EMHGLSEiShares J.P. Morgan $ EM Bond UCITS ETF | 0.5% | 173.8M |
| EMBCSIXiShares J.P. Morgan $ EM Bond CHF Hedged UCITS ETF (Dist) | 0.5% | 298.2M |
Assets are shown in each fund's own reporting currency.
How to invest in EMBE 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 EUR when you buy.
Step 3
Search EMBE and buy
Find the fund by its ticker, EMBE, on the London Stock Exchange ETF segment, and place your order.
Why invest in EMBE from India
What EMBE holds
Aiming to match the returns of a specific benchmark, this fund invests in US Dollar-denominated bonds originating from emerging market countries.
Outside US estate tax
EMBE 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 EMBE's UCITS structure matters for Indian investors
EMBE 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 EMBE from India?
Yes. Indian residents can buy iShares J.P. Morgan $ EM Bond UCITS ETF (EMBE) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in EUR. 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 EMBE invest in?
iShares J.P. Morgan $ EM Bond UCITS ETF holds 621 securities. Its largest holdings are ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035 (ARGENT) (1.2%), ECUADOR REPUBLIC OF (GOVERNMENT) RegS 6.90% 07/31/2035 (ECUA) (0.8%) and ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 07/09/2030 (ARGENT) (0.7%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of EMBE?
iShares J.P. Morgan $ EM Bond UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.1B.
Is EMBE a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares J.P. Morgan $ EM 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 EMBE dividends taxed in India?
iShares J.P. Morgan $ EM 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 EMBE?
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 EUR/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.