London Stock Exchange ETF segment · UCITS ETF
Invest in WOOD ETF from India
Indian and foreign residents can buy iShares Global Timber & Forestry UCITS ETF (WOOD) units directly through Paasa.
By Paasa · Updated
WOOD at a glance
- Price
- £17.69+£0.03 (0.17%)
- Expense ratio
- 0.65%
- Day range
- £17.63 – £17.73
- Assets
- £61.3M
- Domicile
- Ireland
- Holdings
- 25
- Launched
- 2007
- Dividends
- Distributing
- 1 month
- -1.61%
- 6 months
- -0.56%
- YTD
- -3.39%
- 1 year
- -5.17%
- 5 years
- -22.82%
Price change, excluding dividends.
Top 10 holdings
- 1SUZANO SASUZB3.SA8.2%
- 2MONDI PLCMNDI.L6.6%
- 3WEYERHAEUSER REITWY6.5%
- 4UPM-KYMMENEUPM.HE6.2%
- 5SMURFIT WESTROCK PLCSWR.L6.1%
- 6SVENSKA CELLULOSA BSCA-B.ST5.1%
- 7OJI HOLDINGS3861.T4.8%
- 8STORA ENSO CLASS RSTERV.HE4.7%
- 9KLABIN UNITS SAKLBN11.SA4.7%
- 10WEST FRASER TIMBERWFG.TO4.5%
WOOD holds 25 securities in total. These 10 are 57.4% of the fund.
Where the money is invested
Sectors
- Basic Materials68.4%
- Consumer Cyclical21.2%
- Real Estate10.4%
Countries
- United States18.3%
- Brazil14.5%
- Japan11.9%
- Sweden10.9%
- Finland10.9%
- United Kingdom6.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| WOODNASDAQiShares Global Timber & Forestry ETF | 0.39% | 265.7M |
| WOOEAMSiShares Global Timber & Forestry UCITS ETF | 0.65% | 3.8M |
Assets are shown in each fund's own reporting currency.
How to invest in WOOD 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 WOOD and buy
Find the fund by its ticker, WOOD, on the London Stock Exchange ETF segment, and place your order.
Why invest in WOOD from India
What WOOD holds
This ETF aims to provide investors with a return on their capital, generated through a combination of asset value appreciation and distributed earnings, by replicating the performance of the S&P Global Timber & Forestry Index.
Outside US estate tax
WOOD 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 WOOD's UCITS structure matters for Indian investors
WOOD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy WOOD from India?
Yes. Indian residents can buy iShares Global Timber & Forestry UCITS ETF (WOOD) 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 WOOD invest in?
iShares Global Timber & Forestry UCITS ETF holds 25 securities. Its largest holdings are SUZANO SA (8.2%), MONDI PLC (6.6%) and WEYERHAEUSER REIT (6.5%). Basic Materials is its largest sector at 68.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of WOOD?
iShares Global Timber & Forestry UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about £61.3M.
Is WOOD a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Timber & Forestry 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. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are WOOD dividends taxed in India?
iShares Global Timber & Forestry 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 WOOD?
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.