Talk:International equities

Mutual funds and ETFs

Regarding the US-listed international ETFs, the paragraph currently begins with

For many international ETFs, Canadian investors must go to a US exchange. They can get access through their discount brokerage, but face currency conversion costs. It is easier to get access to international ETFs in the US because the big brokerage houses have operations across the globe, and thus relations with clearing and settlement facilities operated by different exchanges, as well as with the custodial banks in different countries that track which investor owns what. With their scale, the big US brokerages can arbitrage price differences across various countries (some stocks are interlisted) as well as differences between an ETF and its component securities, thus keeping the price of the ETF in line with its constituents.

I think this is becoming largely outdated. We should not discourage Canadian investors from purchasing TSX-listed international ETFs, of which there are now many, including unhedged versions. I suggest we delete the text above and just start with "US-based ETFs that cover the EAFE Index...". The final paragraph mentions Claymore, which no longer exists. --Quebec 12:47, 23 December 2014 (MST)

Done a while ago, ETFs last updated in 2020.--Quebec 06:53, 26 September 2021 (MDT)

American Depositary Receipts (ADRs)

The section needs to (1) use authoritative sources (not from a dictionary) and (2) update the information. The citations "Bank of New York Mellon" and "Benefits Canada" have broken links.

• From the US perspective: Understanding American Depositary Receipts (ADRs) - Fidelity.
• From the Canadian perspective: What is an American Depositary Receipt (ADR)? - TSI Wealth Network

--LadyGeek 13:11, 18 September 2021 (MDT)

Done--Quebec 06:53, 26 September 2021 (MDT)