Today’s article describes them as “offer[ing] investors a hassle-free way to purchase shares of international companies without having to deal with foreign markets or contend with hefty overseas banking fees.” We’re talking about American Depositary Receipts (ADRs), which can serve as an easy way to diversify a portfolio. How do ADRs work, and what do prospective investors need to understand about the different types of ADRs? CLICK HERE.
The ABCs of ADRs
- by Bob Mitchell