London Stock Exchange ETF segment · UCITS ETF
Invest in JERE ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - Europe Research Enhanced Index Equity Active UCITS ETF (JERE) units directly through Paasa.
By Paasa · Updated
JERE at a glance
- Price
- £46.61-£0.73 (1.53%)
- Expense ratio
- 0.25%
- Day range
- £46.61 – £46.95
- Assets
- £2.2B
- Domicile
- Ireland
- Holdings
- 154
- Launched
- 2018
- Dividends
- —
- 1 month
- -3.38%
- 6 months
- +5.00%
- YTD
- +6.35%
- 1 year
- +13.02%
- 5 years
- +62.05%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV /EUR/5.5%
- 2SIEMENS AG-REG /EUR/2.4%
- 3HSBC HOLDINGS PLC /GBP/2.4%
- 4ASTRAZENECA PLC /GBP/2.2%
- 5SHELL PLC-NEW /GBP/2.2%
- 6ALLIANZ SE REGISTERED /EUR/2.2%
- 7ROCHE HOLDING AG /CHF/2.0%
- 8NESTLE SA-REG /CHF/2.0%
- 9BANCO SANTANDER SA /EUR/1.9%
- 10NOVARTIS AG-REG /CHF/1.9%
JERE holds 154 securities in total. These 10 are 24.5% of the fund.
Where the money is invested
Sectors
- Financial Services25.8%
- Industrials19.3%
- Healthcare12.7%
- Technology9.2%
- Consumer Defensive7.4%
- Consumer Cyclical6.7%
Countries
- United Kingdom23.5%
- France16.1%
- Germany15.5%
- Switzerland12.6%
- Netherlands10.9%
- Spain5.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JRDELSEJPMorgan ETFs (Ireland) ICAV - Europe Research Enhanced Index Equity Active UCITS ETF | 0.25% | 2.2B |
| JREEXETRAJPMorgan ETFs (Ireland) ICAV - Europe Research Enhanced Index Equity Active UCITS ETF | 0.25% | 2.9B |
| JERALSEJPMorgan ETFs (Ireland) ICAV - Europe Research Enhanced Index Equity Active UCITS ETF | 0.25% | 2.9B |
| JERDLSEJPMorgan ETFs (Ireland) ICAV - Europe Research Enhanced Index Equity Active UCITS ETF - EUR (dist) | 0.25% | 2.9B |
Assets are shown in each fund's own reporting currency.
How to invest in JERE 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 JERE and buy
Find the fund by its ticker, JERE, on the London Stock Exchange ETF segment, and place your order.
Why invest in JERE from India
What JERE holds
The Sub-Fund aims to achieve a long-term return in excess of MSCI Europe Index (Total Return Net) (the "Benchmark") by actively investing primarily in a portfolio of European companies.
Outside US estate tax
JERE 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 JERE's UCITS structure matters for Indian investors
JERE is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy JERE from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - Europe Research Enhanced Index Equity Active UCITS ETF (JERE) 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 JERE invest in?
JPMorgan ETFs Ireland ICAV - Europe Research Enhanced Index Equity Active UCITS ETF holds 154 securities. Its largest holdings are ASML HOLDING NV /EUR/ (5.5%), SIEMENS AG-REG /EUR/ (2.4%) and HSBC HOLDINGS PLC /GBP/ (2.4%). Financial Services is its largest sector at 25.8%. The fund is domiciled in Ireland.
What is the expense ratio of JERE?
JPMorgan ETFs Ireland ICAV - Europe Research Enhanced Index Equity Active 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 £2.2B.
Is JERE a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - Europe Research Enhanced Index Equity Active 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. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell JERE?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are 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.