XETRA · UCITS ETF
Invest in SPFE ETF from India
Indian and foreign residents can buy State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF (SPFE) units directly through Paasa.
By Paasa · Updated
SPFE at a glance
- Price
- €24.73-€0.06 (0.25%)
- Expense ratio
- 0.1%
- Day range
- €24.72 – €24.84
- Assets
- €4.3B
- Domicile
- Ireland
- Holdings
- 10,334
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -2.23%
- 6 months
- -3.41%
- YTD
- -5.95%
- 1 year
- -5.59%
- 5 years
- -19.38%
Price change, excluding dividends.
Top 10 holdings
- 1US TREASURY N/B 4.25 08/15/20350.2%
- 2US TREASURY N/B 4 11/15/20350.2%
- 3US TREASURY N/B 3.75 04/15/20280.2%
- 4US TREASURY N/B 0.625 05/15/20300.2%
- 5Cash_USD0.2%
- 6CHINA GOVERNMENT BOND 1.83 08/25/20350.2%
- 7CHINA GOVERNMENT BOND 1.78 11/15/20350.2%
- 8US TREASURY N/B 4.375 05/15/20340.2%
- 9US TREASURY N/B 3.875 06/30/20300.2%
- 10CHINA GOVERNMENT BOND 1.79 03/25/20320.2%
SPFE holds 10,334 securities in total. These 10 are 2.0% of the fund.
Where the money is invested
Countries
- United States30.2%
- China11.2%
- Other10.8%
- Japan8.1%
- France5.3%
- United Kingdom4.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GLABLSEState Street SPDR Bloomberg Global Aggregate Bond GBP Hdg UCITS ETF (Dist) | 0.1% | 3.7B |
| GLADLSEState Street SPDR Bloomberg Global Aggregate Bond USD Hdg UCITS ETF (Acc) | 0.1% | 4.9B |
| GLAULSEState Street SPDR Bloomberg Global Aggregate Bond USD Hdg UCITS ETF (Dist) | 0.1% | 4.9B |
Assets are shown in each fund's own reporting currency.
How to invest in SPFE 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 SPFE and buy
Find the fund by its ticker, SPFE, on XETRA, and place your order.
Why invest in SPFE from India
What SPFE holds
This Fund aims to replicate the returns generated by a worldwide selection of top-rated, fixed-income instruments.
Outside US estate tax
SPFE 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 SPFE's UCITS structure matters for Indian investors
SPFE 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 SPFE from India?
Yes. Indian residents can buy State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF (SPFE) 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 SPFE invest in?
State Street SPDR Bloomberg Global Aggregate Bond Hdg UCITS ETF holds 10,334 securities. Its largest holdings are US TREASURY N/B 4.25 08/15/2035 (0.2%), US TREASURY N/B 4 11/15/2035 (0.2%) and US TREASURY N/B 3.75 04/15/2028 (0.2%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of SPFE?
State Street SPDR Bloomberg Global Aggregate Bond Hdg 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 €4.3B.
Is SPFE a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR Bloomberg Global Aggregate Bond Hdg 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 SPFE dividends taxed in India?
State Street SPDR Bloomberg Global Aggregate Bond Hdg 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 SPFE?
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.