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  5. AAPL: Hello, I wanted to start a small position in AAPL, but didn't want to convert CDN $ to US$, would you recommend the CDR? [Apple CDR (CAD Hedged)]

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Q: Hello, I wanted to start a small position in AAPL, but didn't want to convert CDN $ to US$, would you recommend the CDR? . I noticed that since the beginning of the year both the CDR and the US listings are down about the same ~ 16% .. Are there any hidden fees with he CDR . Or would you recommend to just buy the XQQ:CA?
Thanks
Carlo
Asked by Carlo on July 18, 2025
5i Research Answer:
CIBC does charge an f/x hedge fee, which is somewhat hidden and deducted from net asset value on...
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