London Stock Exchange ETF segment · UCITS ETF
Invest in IGLH ETF from India
Indian and foreign residents can buy iShares Global Govt Bond UCITS ETF (IGLH) units directly through Paasa.
By Paasa · Updated
IGLH at a glance
- Price
- £4.38+£0.01 (0.14%)
- Expense ratio
- 0.25%
- Day range
- £4.37 – £4.39
- Assets
- £481.3M
- Domicile
- Ireland
- Holdings
- 903
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -2.05%
- 6 months
- -3.98%
- YTD
- -5.64%
- 1 year
- -5.02%
- 5 years
- -17.54%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE 4.38% 05/15/2034 (TNOTE)0.5%
- 2TREASURY NOTE 3.50% 01/31/2028 (TNOTE)0.5%
- 3TREASURY NOTE 4.25% 05/15/2035 (TNOTE)0.5%
- 4TREASURY NOTE (OLD) 4.38% 05/15/2036 (TNOTE)0.4%
- 5TREASURY NOTE 4.63% 02/15/2035 (TNOTE)0.4%
- 6TREASURY NOTE (2OLD) 4.13% 02/15/2036 (TNOTE)0.4%
- 7TREASURY NOTE 4.50% 11/15/2033 (TNOTE)0.4%
- 8TREASURY NOTE 4.00% 02/15/2034 (TNOTE)0.4%
- 9TREASURY NOTE 4.25% 11/15/2034 (TNOTE)0.4%
- 10TREASURY NOTE 3.88% 08/15/2034 (TNOTE)0.4%
IGLH holds 903 securities in total. These 10 are 4.5% of the fund.
Where the money is invested
Countries
- United States55.2%
- Japan11.6%
- France8.5%
- Italy7.7%
- United Kingdom7.1%
- Germany6.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IGLOLSEiShares Global Govt Bond UCITS ETF | 0.2% | 1.2B |
| IGLALSEiShares Global Govt Bond UCITS ETF | 0.2% | 572.6M |
| SGLUAMSiShares Global Govt Bond UCITS ETF | 0.25% | 423.8M |
| IGLEAMSiShares Global Govt Bond UCITS ETF | 0.25% | 247.4M |
Assets are shown in each fund's own reporting currency.
How to invest in IGLH 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 GBP when you buy.
Step 3
Search IGLH and buy
Find the fund by its ticker, IGLH, on the London Stock Exchange ETF segment, and place your order.
Why invest in IGLH from India
What IGLH holds
This fund endeavors to replicate the returns of a benchmark index, which itself consists of government bonds originating from developed countries and denominated in their respective local currencies.
Outside US estate tax
IGLH 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 IGLH's UCITS structure matters for Indian investors
IGLH 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 IGLH from India?
Yes. Indian residents can buy iShares Global Govt Bond UCITS ETF (IGLH) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 IGLH invest in?
iShares Global Govt Bond UCITS ETF holds 903 securities. Its largest holdings are TREASURY NOTE 4.38% 05/15/2034 (TNOTE) (0.5%), TREASURY NOTE 3.50% 01/31/2028 (TNOTE) (0.5%) and TREASURY NOTE 4.25% 05/15/2035 (TNOTE) (0.5%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of IGLH?
iShares Global Govt Bond UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about £481.3M.
Is IGLH a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Govt 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 IGLH dividends taxed in India?
iShares Global Govt 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 IGLH?
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 GBP/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.