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NYSE Arca · ETF

Invest in FOPC ETF from India

Indian and foreign residents can buy The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit ETF (FOPC) units directly through Paasa.

By Paasa · Updated

FOPC at a glance

Price
$24.85+$0.00 (0.00%)
Expense ratio
0.87%
Day range
$24.85 – $24.85
Assets
$31.8M
Domicile
the US
Holdings
—
Launched
2024
Dividends
Distributing
1 month
+1.82%
6 months
-2.95%
YTD
-2.91%
1 year
-3.81%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top 9 holdings

  1. 1TCW FLEXIBLE INCOME ETF25.2%
  2. 2VANGUARD INTERMEDIATE-TERM T16.7%
  3. 3ISHARES INVESTMENT GRADE SYS15.9%
  4. 4JPMORGAN CORE PLUS BOND ETF15.1%
  5. 5SCHWAB U.S. TIPS ETF7.8%
  6. 6ISHARES MBS ETF7.0%
  7. 7VANGUARD SHORT-TERM TIPS6.4%
  8. 8PIMCO MULTISECTOR BOND ACTV4.8%
  9. 9Cash1.2%

These 9 are 100.0% of the fund.

Where the money is invested

Sectors

  • Government41.6%
  • Securitized25.7%
  • Corporate25.6%
  • Municipal0.0%

Countries

  • United States80.5%

How to invest in FOPC 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.

  3. Step 3

    Search FOPC and buy

    Find the fund by its ticker, FOPC, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Why invest in FOPC from India

What FOPC holds

FOPC is an actively managed fund-of-funds that offers exposure to the global fixed income market. The portfolio holds 6 to 12 underlying ETFs that provide exposure to fixed income securities of any credit quality, including government bonds, corporate debts, asset- and mortgage-backed securities, commercial paper, and inflation-linked securities.

Hold a dollar asset

FOPC is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a unit

Buy by amount, not by unit, and get the matching fraction of one FOPC unit. There is no minimum trade size.

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.

Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.

US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

A UCITS ETF tracking a similar market sits outside US estate tax.

How US estate tax worksSee UCITS options

Frequently asked questions

Can I buy FOPC from India?

Yes. Indian residents can buy The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit ETF (FOPC) through Paasa. It is listed on NYSE Arca and trades in US dollars. 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 FOPC invest in?

Its largest holdings are TCW FLEXIBLE INCOME ETF (25.2%), VANGUARD INTERMEDIATE-TERM T (16.7%) and ISHARES INVESTMENT GRADE SYS (15.9%). Government is its largest sector at 41.6%. It is a distributing fund domiciled in the US.

What is the expense ratio of FOPC?

The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit ETF has an expense ratio of 0.87% a year, taken from the fund's assets rather than billed to you. The fund manages about $31.8M.

How are FOPC dividends taxed in India?

The Advisors' Inner Circle Fund II - Frontier Asset Opportunistic Credit 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 FOPC?

The US does not levy capital gains tax on shares for Indian residents. 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 USD/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.

Can I buy a fraction of one FOPC unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.85, and there is no minimum trade size.

What happens to my FOPC units if I pass away?

US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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