XETRA · UCITS ETF
Invest in UEEF ETF from India
Indian and foreign residents can buy iShares $ High Yield Corp Bond ESG SRI UCITS ETF (UEEF) units directly through Paasa.
By Paasa · Updated
UEEF at a glance
- Price
- €5.66-€0.01 (0.14%)
- Expense ratio
- 0.27%
- Day range
- €5.65 – €5.69
- Assets
- €382.8M
- Domicile
- Ireland
- Holdings
- 999
- Launched
- 2020
- Dividends
- —
- 1 month
- -2.27%
- 6 months
- +0.87%
- YTD
- -1.59%
- 1 year
- -0.38%
- 5 years
- +4.60%
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LEAF AGENCY DIST1.6%
- 21261229 BC LTD 144A 10.00% 04/15/2032 (BHCCN)0.9%
- 3GALAXY HELIOS DATA CENTERS II LLC 144A 9.88% 08/01/2031 (GALAXY)0.5%
- 4WULF COMPUTE LLC 144A 7.75% 10/15/2030 (WULF)0.5%
- 5CENTENE CORPORATION 4.63% 12/15/2029 (CNC)0.4%
- 6NEXSTAR MEDIA INC 144A 6.50% 09/15/2033 (NXST)0.4%
- 7DAVITA INC 144A 4.63% 06/01/2030 (DVA)0.4%
- 8MPT OPERATING PARTNERSHIP LP / MPT 144A 9.25% 02/15/2032 (MPW)0.4%
- 9EMRLD BORROWER LP 144A 6.63% 12/15/2030 (EMECLI)0.4%
- 10CCO HOLDINGS LLC 144A 4.75% 03/01/2030 (CHTR)0.4%
UEEF holds 999 securities in total. These 10 are 5.8% of the fund.
Where the money is invested
Countries
- United States83.8%
- Canada5.1%
- United Kingdom2.2%
- Ireland2.2%
- Japan1.5%
- Australia1.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DHYALSEiShares $ High Yield Corp Bond ESG SRI UCITS ETF | 0.25% | 971.3M |
| EHYAAMSiShares € High Yield Corp Bond ESG SRI UCITS ETF | 0.25% | 3.4B |
| DHYGLSEiShares $ High Yield Corp Bond ESG SRI UCITS ETF | 0.27% | 103.5M |
| EHYDAMSiShares € High Yield Corp Bond ESG SRI UCITS ETF | 0.25% | 399.9M |
| DHYCSIXiShares $ High Yield Corp Bond ESG SRI UCITS ETF | 0.27% | 26.1M |
Assets are shown in each fund's own reporting currency.
How to invest in UEEF 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 UEEF and buy
Find the fund by its ticker, UEEF, on XETRA, and place your order.
Why invest in UEEF from India
What UEEF holds
This fund is designed to offer investors an overall return, comprising both appreciation in value and income earned. Its goal is to track the performance of the Bloomberg Barclays MSCI US Corporate High Yield Sustainable BB+ SRI Bond Index.
Outside US estate tax
UEEF 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 UEEF's UCITS structure matters for Indian investors
UEEF 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 UEEF from India?
Yes. Indian residents can buy iShares $ High Yield Corp Bond ESG SRI UCITS ETF (UEEF) 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 UEEF invest in?
iShares $ High Yield Corp Bond ESG SRI UCITS ETF holds 999 securities. Its largest holdings are BLK ICS USD LEAF AGENCY DIST (1.6%), 1261229 BC LTD 144A 10.00% 04/15/2032 (BHCCN) (0.9%) and GALAXY HELIOS DATA CENTERS II LLC 144A 9.88% 08/01/2031 (GALAXY) (0.5%). The fund is domiciled in Ireland.
What is the expense ratio of UEEF?
iShares $ High Yield Corp Bond ESG SRI UCITS ETF has an expense ratio of 0.27% a year, taken from the fund's assets rather than billed to you. The fund manages about €382.8M.
Is UEEF a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ High Yield Corp Bond ESG SRI 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 UEEF?
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.