Hey, Canada! Looking to diversify your investments?
Get direct exposure to global companies with CDRs.
Global investing, made for Canadians
CDRs represent shares of global companies but they're traded in Canadian dollars on a Canadian exchange. Over 80 of the best known global companies are now available as CDRs and cost a fraction of the share price. And the best part? No currency conversion headache. CIBC’s CDRs are made for Canadians by Canadians.
INVESTING WITH CDRs
Why choose CDRs?
No currency conversion
CDRs trade in Canadian dollars, so you don't need to factor currency conversion into your investment decisions.
Manage FX risk
The built-in notional currency hedge mitigates the currency risk associated with foreign investing.
Fractional ownership
While some blue-chip stocks cost hundreds or thousands of dollars per share, CDRs give you exposure at a fraction of the price.
Easy to buy and sell
You can buy and sell CDRs on the platform of your choice, just like regular stocks and ETFs.
80+ companies to choose from
Invest in some of the world's biggest stocks like Nvidia, Amazon, Nestle, Microsoft, and more. There are over 80 companies to choose from with more being added all the time.
Now Canadian investors can trade options on CDRs
Options have been introduced on the most actively traded CDRs, with more listings planned. CDRs now combine the flexibility of options trading with the convenience of trading in CAD, offering new opportunities for Canadian investors to generate income and hedge portfolio risk.
CDRs in the news
What's the difference between a CDR and a regular stock?
Each CDR represents a variable number of shares of the underlying company. The number of shares is called the CDR ratio, and that ratio gets adjusted daily to account for currency fluctuations. So whether the Canadian dollar goes up or down, the CDR will reflect the performance of the company, and not the currency that the underlying share is in.