CDRs, Are They Really Worth It? [Podcast]
It is frustrating to pay currency fees on investment. Many investors feel like a part of their money is lost and useless. Canadian Depositary Receipts (CDRs) have been created to solve that problem. Now the question is, is it too good to be true? You'll Learn A Canadian Depositary Receipt (CDR) is equivalent to US stocks but is traded in CAD. It provides a currency hedge and allows fraction shares. CDRs have been inspired by ADRs (American Depositary Receipts), which have been …
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