SIX Swiss Exchange · UCITS ETF
Invest in SHIR ETF from India
Indian and foreign residents can buy iShares Global Aggregate Bond ESG SRI UCITS ETF (SHIR) units directly through Paasa.
By Paasa · Updated
SHIR at a glance
- Price
- CHF 4.11-CHF 0.01 (0.15%)
- Expense ratio
- 0.1%
- Day range
- CHF 4.11 – CHF 4.12
- Assets
- CHF 1.5B
- Domicile
- Ireland
- Holdings
- 10,853
- Launched
- 2021
- Dividends
- —
- 1 month
- -2.41%
- 6 months
- -3.10%
- YTD
- -4.67%
- 1 year
- -4.89%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LEAF AGENCY DIST2.1%
- 2CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB)1.3%
- 3CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49% 12/25/2031 (CGB)1.1%
- 4FNMA 30YR UMBS SUPER 2.00% 11/01/2051 (FNFM9411)0.7%
- 5CHINA PEOPLES REPUBLIC OF (GOVERNM 1.45% 02/25/2028 (CGB)0.6%
- 6CHINA PEOPLES REPUBLIC OF (GOVERNM 1.74% 10/15/2029 (CGB)0.5%
- 7FNMA 30YR UMBS 5.50% 05/01/2055 (FNCC0376)0.5%
- 8CHINA PEOPLES REPUBLIC OF (GOVERNM 2.68% 05/21/2030 (CGB)0.5%
- 9CHINA PEOPLES REPUBLIC OF (GOVERNM 2.35% 02/25/2034 (CGB)0.5%
- 10CHINA PEOPLES REPUBLIC OF (GOVERNM 1.91% 07/15/2029 (CGB)0.5%
SHIR holds 10,853 securities in total. These 10 are 8.2% of the fund.
Where the money is invested
Countries
- United States30.3%
- China10.9%
- Other10.1%
- Japan8.1%
- France4.8%
- Germany4.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| AEGGLSEiShares Global Aggregate Bond ESG SRI UCITS ETF | 0.1% | 106.7M |
| AGGEAMSiShares Global Aggregate Bond ESG SRI UCITS ETF | 0.1% | 42.4M |
| AGGDAMSiShares Global Aggregate Bond ESG SRI UCITS ETF | 0.1% | 142.6M |
Assets are shown in each fund's own reporting currency.
How to invest in SHIR 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 CHF when you buy.
Step 3
Search SHIR and buy
Find the fund by its ticker, SHIR, on the SIX Swiss Exchange, and place your order.
Why invest in SHIR from India
What SHIR holds
The core objective of this Fund is to replicate the overall financial performance, encompassing both capital appreciation and income generation, of its specified benchmark index, the Bloomberg MSCI Global Aggregate Green Bond ESG SRI Index.
Outside US estate tax
SHIR 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 SHIR's UCITS structure matters for Indian investors
SHIR 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 SHIR from India?
Yes. Indian residents can buy iShares Global Aggregate Bond ESG SRI UCITS ETF (SHIR) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 SHIR invest in?
iShares Global Aggregate Bond ESG SRI UCITS ETF holds 10,853 securities. Its largest holdings are BLK ICS USD LEAF AGENCY DIST (2.1%), CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB) (1.3%) and CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49% 12/25/2031 (CGB) (1.1%). The fund is domiciled in Ireland.
What is the expense ratio of SHIR?
iShares Global Aggregate Bond ESG SRI UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 1.5B.
Is SHIR a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Aggregate Bond ESG SRI 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.
What tax do I pay in India when I sell SHIR?
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 CHF/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.