London Stock Exchange ETF segment · UCITS ETF
Invest in UB45 ETF from India
Indian and foreign residents can buy UBS MSCI Pacific Socially Responsible UCITS ETF dis (UB45) units directly through Paasa.
By Paasa · Updated
UB45 at a glance
- Price
- £76.91+£1.00 (1.32%)
- Expense ratio
- 0.28%
- Day range
- £76.72 – £77.14
- Assets
- £669.9M
- Domicile
- Luxembourg
- Holdings
- 85
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- +2.24%
- 6 months
- +18.62%
- YTD
- +18.25%
- 1 year
- +22.57%
- 5 years
- +21.98%
Price change, excluding dividends.
Top 10 holdings
- 1RECRUIT HOLDINGS CO LTD5.5%
- 2HITACHI LTD5.2%
- 3SUMITOMO MITSUI FINANCIAL GR5.2%
- 4TOKIO MARINE HOLDINGS INC5.1%
- 5AIA GROUP LTD5.1%
- 6SONY GROUP CORP5.0%
- 7TOKYO ELECTRON LTD4.9%
- 8PANASONIC HOLDINGS CORP3.5%
- 9KDDI CORP3.1%
- 10HOYA CORP2.6%
UB45 holds 85 securities in total. These 10 are 45.2% of the fund.
Where the money is invested
Sectors
- Financial Services27.5%
- Technology22.2%
- Industrials15.8%
- Communication Services11.1%
- Consumer Cyclical6.6%
- Healthcare4.9%
Countries
- Japan81.6%
- Australia9.6%
- Hong Kong7.1%
- Singapore1.2%
- New Zealand0.5%
How to invest in UB45 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 UB45 and buy
Find the fund by its ticker, UB45, on the London Stock Exchange ETF segment, and place your order.
Why invest in UB45 from India
What UB45 holds
The primary objective of this fund is to mirror the price and total return performance of the MSCI Pacific SRI Low Carbon Select 5% Issuer Capped Total Return Net Index, after deducting all relevant fees. It achieves this by predominantly investing in the equity securities that make up this index, ensuring the proportional weighting of each company within the fund precisely matches its representation in the index.
Outside US estate tax
UB45 is domiciled in Luxembourg, 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 UB45's UCITS structure matters for Indian investors
UB45 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 UB45 from India?
Yes. Indian residents can buy UBS MSCI Pacific Socially Responsible UCITS ETF dis (UB45) 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 UB45 invest in?
UBS MSCI Pacific Socially Responsible UCITS ETF dis holds 85 securities. Its largest holdings are RECRUIT HOLDINGS CO LTD (5.5%), HITACHI LTD (5.2%) and SUMITOMO MITSUI FINANCIAL GR (5.2%). Financial Services is its largest sector at 27.5%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UB45?
UBS MSCI Pacific Socially Responsible UCITS ETF dis has an expense ratio of 0.28% a year, taken from the fund's assets rather than billed to you. The fund manages about £669.9M.
Is UB45 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI Pacific Socially Responsible UCITS ETF dis 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.
How are UB45 dividends taxed in India?
UBS MSCI Pacific Socially Responsible UCITS ETF dis 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 UB45?
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.