For Canadian investors wanting to invest in global companies, the currency exposure and cost of access can be prohibitive. With the recent arrival of Canadian Depositary Receipts (CDRs) in the financial markets, Canadian investors now have a cost-effective way of accessing popular global stocks.
This continuing education (CE) course was created to help advisors fulfil their know-your-product (KYP) and suitability obligations regarding CDRs. You will learn how these products are designed and what the benefits and risks are for investors. When you have completed the course, you will be able to assess the suitability of CDRs for your clients’ portfolios and recommend them for inclusion where appropriate.