London Stock Exchange ETF segment · UCITS ETF
Invest in SBEM ETF from India
Indian and foreign residents can buy UBS BBG EM Sovereign UCITS ETF dis (SBEM) units directly through Paasa.
By Paasa · Updated
SBEM at a glance
- Price
- £6.79-£0.00 (0.02%)
- Expense ratio
- 0.25%
- Day range
- £6.75 – £6.81
- Assets
- £404.2M
- Domicile
- Luxembourg
- Holdings
- 916
- Launched
- 2016
- Dividends
- Distributing
- 1 month
- -1.36%
- 6 months
- -2.74%
- YTD
- -6.11%
- 1 year
- -2.55%
- 5 years
- -19.45%
Price change, excluding dividends.
Top 10 holdings
- 1ECUA 6.9 07/31/351.0%
- 2ARGENT 4 1/8 07/09/350.8%
- 3GHANA 5 07/03/350.7%
- 4URUGUA 5.1 06/18/500.6%
- 5ECUA 8 3/4 01/29/340.5%
- 6UKRAIN 4 02/01/320.5%
- 7ARGENT 0 3/4 07/09/300.5%
- 8ARGENT 5 01/09/380.5%
- 9ECUA 5 1/2 07/31/400.5%
- 10URUGUA 5.442 02/14/370.4%
SBEM holds 916 securities in total. These 10 are 6.0% of the fund.
Where the money is invested
Sectors
- Government81.6%
- Corporate17.7%
Countries
- Nigeria3.4%
- Turkey3.2%
- Egypt3.1%
- Poland3.1%
- Hungary3.1%
- Dominican Republic3.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| UEFSXETRAUBS BBG USD EM Sovereign UCITS ETF USD dis | 0.25% | 473.1M |
Assets are shown in each fund's own reporting currency.
How to invest in SBEM 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 SBEM and buy
Find the fund by its ticker, SBEM, on the London Stock Exchange ETF segment, and place your order.
Why invest in SBEM from India
What SBEM holds
This fund primarily invests in debt instruments issued by emerging market governments and agencies, specifically those included within the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped Index. The allocation of each bond within the portfolio directly corresponds to its weighting in this benchmark index.
Outside US estate tax
SBEM is domiciled in Luxembourg, 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 SBEM's UCITS structure matters for Indian investors
SBEM is domiciled in Luxembourg, 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 SBEM from India?
Yes. Indian residents can buy UBS BBG EM Sovereign UCITS ETF dis (SBEM) 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 SBEM invest in?
UBS BBG EM Sovereign UCITS ETF dis holds 916 securities. Its largest holdings are ECUA 6.9 07/31/35 (1.0%), ARGENT 4 1/8 07/09/35 (0.8%) and GHANA 5 07/03/35 (0.7%). Government is its largest sector at 81.6%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of SBEM?
UBS BBG EM Sovereign UCITS ETF dis has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about £404.2M.
Is SBEM a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS BBG EM Sovereign UCITS ETF dis is a UCITS fund domiciled in Luxembourg. 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 SBEM dividends taxed in India?
UBS BBG EM Sovereign UCITS ETF dis 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 SBEM?
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.