XETRA · UCITS ETF
Invest in TRFE ETF from India
Indian and foreign residents can buy Invesco US Treasury Bond UCITS ETF (TRFE) units directly through Paasa.
By Paasa · Updated
TRFE at a glance
- Price
- €29.55+€0.01 (0.04%)
- Expense ratio
- 0.1%
- Day range
- €29.55 – €29.64
- Assets
- €553.2M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -3.68%
- 6 months
- -5.56%
- YTD
- -7.54%
- 1 year
- -7.74%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1US TSY N/B 3.875% 15/08/340.9%
- 2US TSY N/B 4.375% 15/05/360.8%
- 3US TSY N/B 4.375% 15/05/340.8%
- 4US TSY N/B 4.25% 15/11/340.8%
- 5US TSY N/B 4.25% 15/05/350.8%
- 6US TSY N/B 3.5% 31/01/280.8%
- 7US TSY N/B 4.625% 15/02/350.8%
- 8US TSY N/B 4% 15/11/350.8%
- 9US TSY N/B 4.25% 15/08/350.8%
- 10US TSY N/B 4% 15/02/340.8%
These 10 are 8.2% of the fund.
Where the money is invested
Countries
- United States100.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| TRESLSEInvesco US Treasury Bond UCITS ETF | 0.06% | 629.3M |
| PRASXETRAAmundi Core US Treasury Bond UCITS ETF Acc | 0.05% | 22.4M |
| TRGBLSEInvesco US Treasury Bond UCITS ETF | 0.1% | 475.1M |
| PRITLSEAmundi Core US Treasury Bond UCITS ETF Dist | 0.05% | 19.2M |
Assets are shown in each fund's own reporting currency.
How to invest in TRFE 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 TRFE and buy
Find the fund by its ticker, TRFE, on XETRA, and place your order.
Why invest in TRFE from India
What TRFE holds
The Invesco US Treasury Bond UCITS ETF EUR Hdg Dist aims to mirror the overall return of its benchmark, the Bloomberg U.S. Treasury Total Return Index, after accounting for its operational charges. Income generated from interest payments is disbursed to investors every quarter.
Outside US estate tax
TRFE 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 TRFE's UCITS structure matters for Indian investors
TRFE 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 TRFE from India?
Yes. Indian residents can buy Invesco US Treasury Bond UCITS ETF (TRFE) 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 TRFE invest in?
Its largest holdings are US TSY N/B 3.875% 15/08/34 (0.9%), US TSY N/B 4.375% 15/05/36 (0.8%) and US TSY N/B 4.375% 15/05/34 (0.8%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of TRFE?
Invesco US Treasury Bond 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 €553.2M.
Is TRFE a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco US Treasury 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.
How are TRFE dividends taxed in India?
Invesco US Treasury Bond 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 TRFE?
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.