XETRA · UCITS ETF
Invest in XQUE ETF from India
Indian and foreign residents can buy Xtrackers ESG Emerging Markets Bond Quality Weighted UCITS ETF (XQUE) units directly through Paasa.
By Paasa · Updated
XQUE at a glance
- Price
- €7.70-€0.06 (0.77%)
- Expense ratio
- 0.5%
- Day range
- €7.70 – €7.76
- Assets
- €183.8M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2016
- Dividends
- Distributing
- 1 month
- -4.18%
- 6 months
- -6.28%
- YTD
- -9.89%
- 1 year
- -9.47%
- 5 years
- -33.93%
Price change, excluding dividends.
Top 10 holdings
- 1ARGENTINA REPUBLIC OF GOVERNMENT1.6%
- 2QATAR (STATE OF)1.0%
- 3QATAR (STATE OF)1.0%
- 4ARGENTINA REPUBLIC OF GOVERNMENT1.0%
- 5ARGENTINA REPUBLIC OF GOVERNMENT0.9%
- 6KUWAIT STATE OF (GOVERNMENT)0.8%
- 7ARGENTINA REPUBLIC OF GOVERNMENT0.8%
- 8KUWAIT INTL BOND0.8%
- 9QATAR (STATE OF)0.7%
- 10QATAR (STATE OF)0.7%
These 10 are 9.3% of the fund.
Where the money is invested
Countries
- Indonesia8.0%
- Turkey7.9%
- Qatar7.9%
- United Arab Emirates7.9%
- Saudi Arabia6.0%
- Brazil5.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XQUALSEXtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 0.45% | 208.3M |
Assets are shown in each fund's own reporting currency.
How to invest in XQUE 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 XQUE and buy
Find the fund by its ticker, XQUE, on XETRA, and place your order.
Why invest in XQUE from India
What XQUE holds
The iBoxx MSCI ESG USD Emerging Markets Sovereigns Quality Weighted Index tracks the returns of U.S. dollar-denominated bonds issued by emerging market governments. These eligible bonds span the entire yield curve, requiring a minimum of six months until maturity, a credit rating of at least B, and an outstanding issuance of no less than $1 billion per bond.
Outside US estate tax
XQUE 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 XQUE's UCITS structure matters for Indian investors
XQUE 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 XQUE from India?
Yes. Indian residents can buy Xtrackers ESG Emerging Markets Bond Quality Weighted UCITS ETF (XQUE) 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 XQUE invest in?
Its largest holdings are ARGENTINA REPUBLIC OF GOVERNMENT (1.6%), QATAR (STATE OF) (1.0%) and QATAR (STATE OF) (1.0%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of XQUE?
Xtrackers ESG Emerging Markets Bond Quality Weighted UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about €183.8M.
Is XQUE a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers ESG Emerging Markets Bond Quality Weighted 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 XQUE dividends taxed in India?
Xtrackers ESG Emerging Markets Bond Quality Weighted 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 XQUE?
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.