Level: Beginner

If you are interested in investing in non-US companies, this course explains how to gain exposure through American Depositary Receipts. We explain what an American Depositary Receipt is; why an investor would use them; where and when ADRs are traded and how investing in ADRs differs from investing directly in the stock of a foreign company. This course also covers the history of ADRs and potential benefits and risks.

We explore how investing in ADRs differs from investing directly in the stock of a foreign company and why an investor might use them.

Let’s explore some of the benefits and risks investors may encounter when deciding to trade these ADR products.