XETRA · UCITS ETF
Invest in SLMG ETF from India
Indian and foreign residents can buy Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF (SLMG) units directly through Paasa.
By Paasa · Updated
SLMG at a glance
- Price
- €4.80-€0.03 (0.61%)
- Expense ratio
- 0.5%
- Day range
- €4.79 – €4.84
- Assets
- €1.1B
- Domicile
- Ireland
- Holdings
- 816
- Launched
- 2019
- Dividends
- —
- 1 month
- -3.07%
- 6 months
- -1.07%
- YTD
- -2.87%
- 1 year
- -0.66%
- 5 years
- -7.02%
Price change, excluding dividends.
Top 10 holdings
- 1ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035 (ARGENT)1.2%
- 2URUGUAY (ORIENTAL REPUBLIC OF) 5.10% 06/18/2050 (URUGUA)0.8%
- 3ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 07/09/2030 (ARGENT)0.7%
- 4ARGENTINA REPUBLIC OF GOVERNMENT 5.00% 01/09/2038 (ARGENT)0.7%
- 5GHANA (REPUBLIC OF) DISCO RegS 5.00% 07/03/2035 (GHANA)0.7%
- 6ECUADOR REPUBLIC OF (GOVERNMENT) RegS 6.90% 07/31/2035 (ECUA)0.6%
- 7ARGENTINA REPUBLIC OF GOVERNMENT 3.50% 07/09/2041 (ARGENT)0.6%
- 8URUGUAY (ORIENTAL REPUBLIC OF) 5.44% 02/14/2037 (URUGUA)0.5%
- 9URUGUAY (ORIENTAL REPUBLIC OF) 5.75% 10/28/2034 (URUGUA)0.5%
- 10URUGUAY (ORIENTAL REPUBLIC OF) 4.97% 04/20/2055 (URUGUA)0.5%
SLMG holds 816 securities in total. These 10 are 6.7% of the fund.
Where the money is invested
Countries
- Other17.4%
- Poland4.7%
- Brazil3.7%
- Chile3.5%
- Uruguay3.5%
- Hungary3.3%
How to invest in SLMG 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 EUR when you buy.
Step 3
Search SLMG and buy
Find the fund by its ticker, SLMG, on XETRA, and place your order.
Why invest in SLMG from India
What SLMG holds
Offering an investment opportunity in U.S. dollar-denominated debt from emerging economies, this ETF also integrates Environmental, Social, and Governance (ESG) criteria into its selection process.
Outside US estate tax
SLMG 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 SLMG's UCITS structure matters for Indian investors
SLMG 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 SLMG from India?
Yes. Indian residents can buy Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF (SLMG) through Paasa. It is listed on XETRA and trades in EUR. 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 SLMG invest in?
Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF holds 816 securities. Its largest holdings are ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035 (ARGENT) (1.2%), URUGUAY (ORIENTAL REPUBLIC OF) 5.10% 06/18/2050 (URUGUA) (0.8%) and ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 07/09/2030 (ARGENT) (0.7%). The fund is domiciled in Ireland.
What is the expense ratio of SLMG?
Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.1B.
Is SLMG a UCITS ETF, and why does that matter for Indian investors?
Yes. Ishares II PLC - Ishares J.P. Morgan ESG Emerging 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.
What tax do I pay in India when I sell SLMG?
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 EUR/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.