XETRA · UCITS ETF
Invest in FAEU ETF from India
Indian and foreign residents can buy Invesco US High Yield Fallen Angels UCITS ETF (FAEU) units directly through Paasa.
By Paasa · Updated
FAEU at a glance
- Price
- €27.19+€0.20 (0.73%)
- Expense ratio
- 0.5%
- Day range
- €27.11 – €27.19
- Assets
- €78.5M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2017
- Dividends
- —
- 1 month
- -2.87%
- 6 months
- +0.03%
- YTD
- -2.13%
- 1 year
- -1.99%
- 5 years
- -2.76%
Price change, excluding dividends.
Top 10 holdings
- 1Six Flags Entertainment Corp /Six 6.625% 01/05/323.9%
- 2CVS Health Corp VAR 10/03/553.8%
- 3GFL Environmental Inc 6.75% 15/01/313.7%
- 4VF Corp 2.95% 23/04/303.3%
- 5Nissan Motor Co Ltd 4.81% 17/09/302.8%
- 6Alcoa Nederland Holding BV 4.125% 31/03/292.6%
- 7Huntsman International LLC 4.5% 01/05/292.5%
- 8Electronic Arts Inc 1.85% 15/02/312.4%
- 9Electronic Arts Inc 2.95% 15/02/512.3%
- 10Advance Auto Parts Inc 3.9% 15/04/302.1%
These 10 are 29.4% of the fund.
Where the money is invested
Countries
- United States93.0%
- Japan2.8%
- Netherlands2.6%
- Other1.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HYFALSEInvesco US High Yield Fallen Angels UCITS ETF | 0.45% | 88.5M |
| FAGBLSEInvesco US High Yield Fallen Angels UCITS ETF | 0.5% | 67.0M |
Assets are shown in each fund's own reporting currency.
How to invest in FAEU 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 FAEU and buy
Find the fund by its ticker, FAEU, on XETRA, and place your order.
Why invest in FAEU from India
What FAEU holds
The investment objective of the Fund is to provide investors with investment results which, before expenses, correspond to the price and yield performance of the Index.
Outside US estate tax
FAEU 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 FAEU's UCITS structure matters for Indian investors
FAEU 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 FAEU from India?
Yes. Indian residents can buy Invesco US High Yield Fallen Angels UCITS ETF (FAEU) through Paasa. It is listed on XETRA 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 FAEU invest in?
Its largest holdings are Six Flags Entertainment Corp /Six 6.625% 01/05/32 (3.9%), CVS Health Corp VAR 10/03/55 (3.8%) and GFL Environmental Inc 6.75% 15/01/31 (3.7%). The fund is domiciled in Ireland.
What is the expense ratio of FAEU?
Invesco US High Yield Fallen Angels 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 €78.5M.
Is FAEU a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco US High Yield Fallen Angels 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.
What tax do I pay in India when I sell FAEU?
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.