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London Stock Exchange ETF segment · UCITS ETF

Invest in EMHG ETF from India

Indian and foreign residents can buy iShares J.P. Morgan $ EM Bond UCITS ETF (EMHG) units directly through Paasa.

By Paasa · Updated

EMHG at a glance

Price
£3.65-£0.00 (0.03%)
Expense ratio
0.5%
Day range
£3.64 – £3.68
Assets
£173.8M
Domicile
Ireland
Holdings
624
Launched
2018
Dividends
Distributing
1 month
-4.27%
6 months
-2.47%
YTD
-6.71%
1 year
-5.26%
5 years
-23.21%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035 (ARGENT)1.1%
  2. 2ECUADOR REPUBLIC OF (GOVERNMENT) RegS 6.90% 07/31/2035 (ECUA)0.8%
  3. 3ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 07/09/2030 (ARGENT)0.7%
  4. 4ARGENTINA REPUBLIC OF GOVERNMENT 5.00% 01/09/2038 (ARGENT)0.7%
  5. 5GHANA (REPUBLIC OF) DISCO RegS 5.00% 07/03/2035 (GHANA)0.6%
  6. 6ARGENTINA REPUBLIC OF GOVERNMENT 3.50% 07/09/2041 (ARGENT)0.5%
  7. 7EAGLE FUNDING LUXCO SARL RegS 5.50% 08/17/2030 (MEXPCP)0.5%
  8. 8URUGUAY (ORIENTAL REPUBLIC OF) 5.10% 06/18/2050 (URUGUA)0.5%
  9. 9UKRAINE (REPUBLIC OF) C BONDS RegS 4.00% 02/01/2032 (UKRAIN)0.4%
  10. 10OMAN SULTANATE OF (GOVERNMENT) RegS 6.75% 01/17/2048 (OMAN)0.4%

EMHG holds 624 securities in total. These 10 are 6.2% of the fund.

Where the money is invested

Countries

  • Other7.0%
  • Mexico5.6%
  • Turkey4.4%
  • Indonesia4.1%
  • Brazil3.8%
  • Saudi Arabia3.5%

Similar funds

FundExpense ratioAssets
IEMBLSEiShares J.P. Morgan $ EM Bond UCITS ETF0.45%4.0B
JPEALSEiShares J.P. Morgan $ EM Bond UCITS ETF0.45%2.6B
IS3CXETRAiShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF (Dist)0.5%2.1B
3SUDXETRAiShares J.P. Morgan $ EM Bond UCITS ETF0.5%787.2M
EMBELSEiShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF (Dist)0.5%2.1B

Assets are shown in each fund's own reporting currency.

How to invest in EMHG from India

  1. 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.

  2. 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.

  3. Step 3

    Search EMHG and buy

    Find the fund by its ticker, EMHG, on the London Stock Exchange ETF segment, and place your order.

Why invest in EMHG from India

What EMHG holds

This exchange-traded fund endeavors to mirror the returns of a specific benchmark index, which consists of debt securities issued in US dollars by developing nations.

Outside US estate tax

EMHG 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 EMHG's UCITS structure matters for Indian investors

EMHG 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.

See UCITS options

Frequently asked questions

Can I buy EMHG from India?

Yes. Indian residents can buy iShares J.P. Morgan $ EM Bond UCITS ETF (EMHG) 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 EMHG invest in?

iShares J.P. Morgan $ EM Bond UCITS ETF holds 624 securities. Its largest holdings are ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035 (ARGENT) (1.1%), 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 EMHG?

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 £173.8M.

Is EMHG 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 EMHG 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 EMHG?

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.

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