London Stock Exchange ETF segment · UCITS ETF
Invest in GLAD ETF from India
Indian and foreign residents can buy State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF (GLAD) units directly through Paasa.
By Paasa · Updated
GLAD at a glance
- Price
- $31.22+$0.07 (0.22%)
- Expense ratio
- 0.1%
- Day range
- $31.15 – $31.26
- Assets
- $4.9B
- Domicile
- Ireland
- Holdings
- 10,334
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -1.73%
- 6 months
- -0.54%
- YTD
- -1.27%
- 1 year
- -0.51%
- 5 years
- +1.06%
Price change, excluding dividends.
Top 10 holdings
- 1US TREASURY N/B 4.25 08/15/20350.2%
- 2Cash_USD0.2%
- 3US TREASURY N/B 4 11/15/20350.2%
- 4US TREASURY N/B 3.75 04/15/20280.2%
- 5US TREASURY N/B 0.625 05/15/20300.2%
- 6CHINA GOVERNMENT BOND 1.83 08/25/20350.2%
- 7CHINA GOVERNMENT BOND 1.78 11/15/20350.2%
- 8US TREASURY N/B 3.875 06/30/20300.2%
- 9US TREASURY N/B 4.375 05/15/20340.2%
- 10CHINA GOVERNMENT BOND 1.79 03/25/20320.2%
GLAD holds 10,334 securities in total. These 10 are 2.0% of the fund.
Where the money is invested
Sectors
- Government62.4%
- Corporate25.2%
- Securitized12.3%
- Municipal0.1%
Countries
- United States30.3%
- China11.0%
- Other10.7%
- Japan8.1%
- France5.3%
- United Kingdom4.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GLABLSEState Street SPDR Bloomberg Global Aggregate Bond GBP Hdg UCITS ETF (Dist) | 0.1% | 3.7B |
| SPFEXETRAState Street SPDR Bloomberg Global Aggregate Bond EUR Hdg UCITS ETF (Dist) | 0.1% | 4.3B |
| GLAULSEState Street SPDR Bloomberg Global Aggregate Bond USD Hdg UCITS ETF (Dist) | 0.1% | 4.9B |
Assets are shown in each fund's own reporting currency.
How to invest in GLAD 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.
Step 3
Search GLAD and buy
Find the fund by its ticker, GLAD, on the London Stock Exchange ETF segment, and place your order.
Why invest in GLAD from India
What GLAD holds
The primary goal of this Fund is to replicate the returns of a global market comprising fixed-rate debt securities. It concentrates exclusively on high-quality bonds that possess an investment-grade credit rating.
Outside US estate tax
GLAD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from GLAD's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
GLAD 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.
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 GLAD's UCITS structure matters for Indian investors
GLAD 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 GLAD from India?
Yes. Indian residents can buy State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF (GLAD) through Paasa. It is listed on the London Stock Exchange ETF segment 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 GLAD invest in?
State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF holds 10,334 securities. Its largest holdings are US TREASURY N/B 4.25 08/15/2035 (0.2%), Cash_USD (0.2%) and US TREASURY N/B 4 11/15/2035 (0.2%). Government is its largest sector at 62.4%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of GLAD?
State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.9B.
Is GLAD a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR Bloomberg Global Aggregate Bond Hdg 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.
Does GLAD pay dividends?
No. State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell GLAD?
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.