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Smith Falconer Financial Group is excited to introduce CIBC's creation of Canadian Depositary Receipts™ (CDRs) - an industry-first that provides an attractive way for Canadians to invest in global companies through fractional share ownership and with a built-in notional currency hedge. As of today, CDRs are available for Apple, Amazon, Tesla, Netflix and Google with plenty more coming before year end. Own the company, not the currency™!
More details on CDRs can be found in this primer.
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Very best regards,
The Smith Falconer Financial Group
CIBC Wood Gundy
Lois, Rodney, Lira, Meredith and Angela
Smith Falconer Financial Group
CIBC Private Wealth Management consists of services provided by CIBC and certain of its subsidiaries, including CIBC Wood Gundy, a division of CIBC World Markets Inc. "CIBC Private Wealth Management" is a registered trademark of CIBC, used under license. "Wood Gundy" is a registered trademark of CIBC World Markets Inc.
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