Cboe to list hedged ADRs developed by Precidian

By Yahoo! Finance | Oct 7, 2024 at 03:38 PM EST

Precidian Investments has launched hedged ADRs for U.S. investors to buy foreign-listed stocks while reducing currency risk. The new product, ADRhedged, combines ADRs with a currency overlay to mitigate currency exposure, with CIBC as the counterparty.

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