When it comes to accessing international equity, Canadian investors have options. In this episode, special guest Stephanie Ng joins hosts Zayla Saunders and Hilly Cutler to unpack Canadian Depositary Receipts (CDRs)—what they are, how they work, and why they're a uniquely Canadian approach to global investing.
Zayla Saunders is Vice President of ETF Online Distribution at BMO Global Asset Management (BMO GAM) and Hilly Cutler is Director of Portfolio Consulting and Senior Portfolio Consultant at BMO GAM. They are joined by Stephanie Ng, Senior Associate, Specialized Sales at BMO GAM. Recorded live on Monday, June 15, 2026.
ETF mentioned:
· BMO Gold Bullion Hedged to CAD ETF (Ticker: ZGLH)
Sources:
Canadian Depositary Receipts (CDRs) - Directory
Morningstar Direct, BMO Global Asset Management as at June 12, 2026.
FX: Foreign Exchange
IPO: Initial Public Offering
Bid-ask spread: The difference between the highest price a buyer is willing to pay for a security and the lowest price a seller is willing to accept.
FAANG: An acronym for the five most dominant U.S. technology companies: Facebook (now Meta), Amazon, Apple, Netflix, and Google (a subsidiary of Alphabet)
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