London Stock Exchange ETF segment · UCITS ETF
Invest in HYEM ETF from India
Indian and foreign residents can buy VanEck Emerging Markets High Yield Bond UCITS ETF (HYEM) units directly through Paasa.
By Paasa · Updated
HYEM at a glance
- Price
- $137.32+$0.20 (0.15%)
- Expense ratio
- 0.4%
- Day range
- $137.32 – $138.22
- Assets
- $60.8M
- Domicile
- Ireland
- Holdings
- 451
- Launched
- 2018
- Dividends
- —
- 1 month
- -2.17%
- 6 months
- +2.35%
- YTD
- +2.22%
- 1 year
- +3.59%
- 5 years
- +14.73%
Price change, excluding dividends.
Top 10 holdings
- 1Other/Cash1.5%
- 2Provincia De Buenos Aires/Government Bo1.4%
- 3Samarco Mineracao Sa0.8%
- 4Otp Bank Nyrt0.7%
- 5Digicel International Finance Ltd / Dif0.7%
- 6Ecopetrol Sa0.7%
- 7Veon Midco Bv0.7%
- 8Wynn Macau Ltd0.7%
- 9Dar Al-Arkan Sukuk Co Ltd0.7%
- 10Grupo Nutresa Sa0.6%
HYEM holds 451 securities in total. These 10 are 8.4% of the fund.
Where the money is invested
Countries
- Argentina10.2%
- Turkey9.2%
- Cayman Islands8.0%
- Mexico7.3%
- United Kingdom6.5%
- Colombia6.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HYEMAMEXVanEck Emerging Markets High Yield Bond ETF | 0.4% | 514.6M |
Assets are shown in each fund's own reporting currency.
How to invest in HYEM 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 HYEM and buy
Find the fund by its ticker, HYEM, on the London Stock Exchange ETF segment, and place your order.
Why invest in HYEM from India
What HYEM holds
The VanEck Emerging Markets High Yield Bond UCITS ETF offers an appealing investment proposition, aiming for superior returns compared to debt instruments issued by developed nations, while simultaneously exhibiting a more robust credit profile. Due to its significant expansion in recent years, the emerging markets debt landscape has become a compelling alternative to high-yield opportunities found in mature global markets.
Outside US estate tax
HYEM is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
HYEM 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 HYEM's UCITS structure matters for Indian investors
HYEM 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 HYEM from India?
Yes. Indian residents can buy VanEck Emerging Markets High Yield Bond UCITS ETF (HYEM) 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 HYEM invest in?
VanEck Emerging Markets High Yield Bond UCITS ETF holds 451 securities. Its largest holdings are Other/Cash (1.5%), Provincia De Buenos Aires/Government Bo (1.4%) and Samarco Mineracao Sa (0.8%). The fund is domiciled in Ireland.
What is the expense ratio of HYEM?
VanEck Emerging Markets High Yield Bond UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about $60.8M.
Is HYEM a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck Emerging Markets High Yield 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.
What tax do I pay in India when I sell HYEM?
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.