London Stock Exchange ETF segment · UCITS ETF
Invest in IEAC ETF from India
Indian and foreign residents can buy iShares Core € Corp Bond UCITS ETF (IEAC) units directly through Paasa.
By Paasa · Updated
IEAC at a glance
- Price
- €115.27+€0.16 (0.14%)
- Expense ratio
- 0.09%
- Day range
- €115.27 – €116.08
- Assets
- €8.5B
- Domicile
- Ireland
- Holdings
- 4,221
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -2.15%
- 6 months
- -2.53%
- YTD
- -4.85%
- 1 year
- -4.28%
- 5 years
- -14.45%
Price change, excluding dividends.
Top 10 holdings
- 1ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 03/17/2028 (ABIBB)0.1%
- 2ANHEUSER-BUSCH INBEV NV MTN RegS 2.75% 03/17/2036 (ABIBB)0.1%
- 3JPMORGAN CHASE & CO MTN RegS 1.96% 03/23/2030 (JPM)0.1%
- 4AMAZON.COM INC 3.70% 03/16/2035 (AMZN)0.1%
- 5BLK LEAF FUND AGENCY ACC T0 EUR0.1%
- 6AMAZON.COM INC 3.35% 03/16/2032 (AMZN)0.1%
- 7BP CAPITAL MARKETS PLC NC9 RegS 3.63% 12/31/2079 (BPLN)0.1%
- 8BANCO SANTANDER SA MTN RegS 4.88% 10/18/2031 (SANTAN)0.1%
- 9AMAZON.COM INC 4.05% 03/16/2039 (AMZN)0.1%
- 10VERIZON COMMUNICATIONS INC 4.00% 06/15/2056 (VZ)0.1%
IEAC holds 4,221 securities in total. These 10 are 0.8% of the fund.
Where the money is invested
Countries
- France18.7%
- United States16.3%
- Netherlands13.7%
- Germany8.2%
- United Kingdom8.0%
- Spain5.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LQDALSEiShares USD Corp Bond UCITS ETF Acc | 0.2% | 4.6B |
| LQDELSEiShares $ Corp Bond UCITS ETF | 0.2% | 3.4B |
| IEAALSEiShares Core € Corp Bond UCITS ETF | 0.09% | 3.8B |
| SLXXLSEiShares Core £ Corp Bond UCITS ETF | 0.2% | 1.3B |
| LQEELSEiShares $ Corp Bond UCITS ETF | 0.25% | 260.8M |
Assets are shown in each fund's own reporting currency.
How to invest in IEAC 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 IEAC and buy
Find the fund by its ticker, IEAC, on the London Stock Exchange ETF segment, and place your order.
Why invest in IEAC from India
What IEAC holds
The Fund aims to mirror the performance of a benchmark index comprising highly-rated corporate bonds issued in Euros.
Outside US estate tax
IEAC 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 IEAC's UCITS structure matters for Indian investors
IEAC 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 IEAC from India?
Yes. Indian residents can buy iShares Core € Corp Bond UCITS ETF (IEAC) through Paasa. It is listed on the London Stock Exchange ETF segment 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 IEAC invest in?
iShares Core € Corp Bond UCITS ETF holds 4,221 securities. Its largest holdings are ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 03/17/2028 (ABIBB) (0.1%), ANHEUSER-BUSCH INBEV NV MTN RegS 2.75% 03/17/2036 (ABIBB) (0.1%) and JPMORGAN CHASE & CO MTN RegS 1.96% 03/23/2030 (JPM) (0.1%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of IEAC?
iShares Core € Corp Bond UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about €8.5B.
Is IEAC a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Core € Corp 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 IEAC dividends taxed in India?
iShares Core € Corp 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 IEAC?
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.