What is an ADR fee?
U.S. investors can invest in foreign stocks through something called an American Depositary Receipt, or ADR. These securities are issued by a U.S. bank that specializes in trading and represents shares of the foreign stock. They trade on a U.S. exchange like a regular stock.
There are additional administrative fees associated with owning ADRs as a cost of supporting the ADR program. These charges are anywhere from .01 to .03 cents per share. Typically these fees are deducted from any dividends that are given by the underlying company to you or as a separate pass through fee. If a separate pass through fee is charged, you will see these fees in your monthly statement. More information around company ADR fees can usually be found on a company’s website or their prospectus.
Related questions View all Tips & Guidance
-
Q. T+1 FAQs
To align with the rest of the financial services industry, we are making changes to the timing of when trades will settle that will go into effect on May 28, 2024. This will mean that trades will start settling in one day instead of two.…
-
Q. StashWorks Employee FAQs
Why should I enroll in StashWorks? Stash makes saving money easy, fun and rewarding for millions of customers. On StashWorks, you can automatically put money into a saving solution, instantly access your funds in case of an emergency, and take unlimited advantage of a wealth of financial content and guidance to build confidence and good habits along the way.…
-
Q. StashWorks Contribution Streaks
Looking to take control of your finances? As a StashWorks customer, you can earn up to $55 by setting up payroll contributions into your Stash account. To get started, set up a direct deposit from the employer who sponsors your StashWorks subscription to your Stash banking account,…
Didn’t find your question?
Tell us what you’re looking for, and we’ll search for resources that could help.
Ask your question
