London Stock Exchange ETF segment · UCITS ETF
Invest in JIBG ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - IG Corporate Bond Active UCITS ETF (JIBG) units directly through Paasa.
By Paasa · Updated
JIBG at a glance
- Price
- £55.49+£0.13 (0.23%)
- Expense ratio
- 0.04%
- Day range
- £55.34 – £55.49
- Assets
- £64.4M
- Domicile
- Ireland
- Holdings
- 410
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -0.73%
- 6 months
- -4.03%
- YTD
- -5.31%
- 1 year
- -6.08%
- 5 years
- -24.07%
Price change, excluding dividends.
Top 10 holdings
- 1Cash and Cash Equivalent3.8%
- 2HSBC HOLDINGS PLC V/R 08/14/321.2%
- 3SOUTHERN CO GAS 5.15% 09/15/321.1%
- 4GOLDMAN SACHS GRO V/R 06/03/321.0%
- 5BANK OF AMERICA C V/R 02/13/310.9%
- 6CHENIERE ENERGY 4.5% 10/01/290.9%
- 7BANK OF AMERICA C V/R 04/22/320.9%
- 8US TREAS NTS 4.375% 07/31/310.9%
- 9CITIGROUP INC V/R 03/20/300.8%
- 10AVOLON HOLDINGS 4.9% 10/10/300.8%
JIBG holds 410 securities in total. These 10 are 12.4% of the fund.
Where the money is invested
Sectors
- Corporate93.5%
- Government2.2%
- Securitized0.2%
Countries
- United States73.6%
- United Kingdom6.5%
- Other4.8%
- France2.3%
- Ireland2.1%
- Spain1.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JEBPLSEJPMorgan ETFs (Ireland) ICAV - EUR IG Corporate Bond Active UCITS ETF | 0.04% | 800.5M |
| JRUBLSEJPMorgan ETFs (Ireland) ICAV - USD IG Corporate Bond Active UCITS ETF | 0.04% | 85.7M |
| JRUEXETRAJPMorgan ETFs (Ireland) ICAV - USD IG Corporate Bond Active UCITS ETF | 0.04% | 85.7M |
| JRUPLSEJPMorgan ETFs (Ireland) ICAV - USD IG Corporate Bond Active UCITS ETF | 0.04% | 85.7M |
Assets are shown in each fund's own reporting currency.
How to invest in JIBG 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 JIBG and buy
Find the fund by its ticker, JIBG, on the London Stock Exchange ETF segment, and place your order.
Why invest in JIBG from India
What JIBG holds
This Sub-Fund aims to deliver sustained long-term growth, surpassing the performance of its benchmark, the Bloomberg US Corporate Bond Index. It achieves this by actively managing a portfolio predominantly comprised of high-quality corporate debt instruments issued in US Dollars.
Outside US estate tax
JIBG 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 JIBG's UCITS structure matters for Indian investors
JIBG 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 JIBG from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - IG Corporate Bond Active UCITS ETF (JIBG) 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 JIBG invest in?
JPMorgan ETFs Ireland ICAV - IG Corporate Bond Active UCITS ETF holds 410 securities. Its largest holdings are Cash and Cash Equivalent (3.8%), HSBC HOLDINGS PLC V/R 08/14/32 (1.2%) and SOUTHERN CO GAS 5.15% 09/15/32 (1.1%). Corporate is its largest sector at 93.5%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of JIBG?
JPMorgan ETFs Ireland ICAV - IG Corporate Bond Active UCITS ETF has an expense ratio of 0.04% a year, taken from the fund's assets rather than billed to you. The fund manages about £64.4M.
Is JIBG a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - IG Corporate Bond 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.
How are JIBG dividends taxed in India?
JPMorgan ETFs Ireland ICAV - IG Corporate Bond Active 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 JIBG?
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.