London Stock Exchange ETF segment · UCITS ETF
Invest in UB0E ETF from India
Indian and foreign residents can buy UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF - to A- - Capitalisation (UB0E) units directly through Paasa.
By Paasa · Updated
UB0E at a glance
- Price
- £23.63-£0.13 (0.53%)
- Expense ratio
- 0.12%
- Day range
- £23.63 – £23.63
- Assets
- £6.5B
- Domicile
- Luxembourg
- Holdings
- 224
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- -0.83%
- 6 months
- +11.94%
- YTD
- +12.34%
- 1 year
- +17.89%
- 5 years
- +80.47%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV9.4%
- 2SIEMENS AG-REG3.1%
- 3SAP SE2.8%
- 4BANCO SANTANDER SA2.7%
- 5SCHNEIDER ELECTRIC SE2.5%
- 6ALLIANZ SE-REG2.4%
- 7TOTALENERGIES SE2.3%
- 8BANCO BILBAO VIZCAYA ARGENTA2.1%
- 9IBERDROLA SA1.9%
- 10SAFRAN SA1.8%
UB0E holds 224 securities in total. These 10 are 31.1% of the fund.
Where the money is invested
Sectors
- Financial Services26.6%
- Industrials20.1%
- Technology15.7%
- Consumer Cyclical7.8%
- Utilities6.2%
- Healthcare5.9%
Countries
- Germany24.9%
- France24.4%
- Netherlands19.1%
- Spain11.2%
- Italy9.2%
- Finland3.5%
How to invest in UB0E 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 UB0E and buy
Find the fund by its ticker, UB0E, on the London Stock Exchange ETF segment, and place your order.
Why invest in UB0E from India
What UB0E holds
This exchange-traded fund aims to mirror the performance of the MSCI EMU index, specifically its price and income returns, with a full hedge to British Pounds Sterling. It achieves this by primarily investing in large and medium-sized European companies that are components of the index.
Outside US estate tax
UB0E is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from UB0E's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 UB0E's UCITS structure matters for Indian investors
UB0E 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 UB0E from India?
Yes. Indian residents can buy UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF - to A- - Capitalisation (UB0E) 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 UB0E invest in?
UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF - to A- - Capitalisation holds 224 securities. Its largest holdings are ASML HOLDING NV (9.4%), SIEMENS AG-REG (3.1%) and SAP SE (2.8%). Financial Services is its largest sector at 26.6%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of UB0E?
UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF - to A- - Capitalisation has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about £6.5B.
Is UB0E a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF - to A- - Capitalisation 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.
Does UB0E pay dividends?
No. UBS ETF SICAV - UBS ETF - MSCI EMU UCITS ETF - to A- - Capitalisation is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell UB0E?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are 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.