Feb. 3 at 9:05 PM
$ADAPY Supported ADR: Key Aspects of Supported (Sponsored) ADRs:
Better Disclosure: Sponsored ADRs require higher regulatory standards, often complying with SEC rules, allowing better access to company performance data.
Easier Management: Corporate actions, such as voting rights and dividend payments, are handled more smoothly.
Higher Liquidity: They usually have better trading volume on U.S. exchanges.
Costs: While safer, sponsored ADRs may still carry administrative, depository, or currency conversion fees.
Risks: Despite being supported, they are still exposed to foreign currency fluctuations and, in some cases, foreign tax withholding