Finance & Fury Podcast

Welcome to Finance and Fury, The Say What Wednesday Edition Today's question comes from Chris What are your thoughts on TraCRs? I can’t recall if you’ve spoken about them before on your past episodes, if you have which one was that and I’ll go back and listen? How would you say TraCRs compare to using a platform like Stake? Do you think there are better ways of getting exposure to specific foreign stocks than TraCRs? Sorry if it’s an overload. Also thanks for doing the podcast I thoroughly enjoy your material and outlook   What is a TraCR? Transferable Custody Receipts Structure to provide beneficial ownership of the underlying shares of a listed overseas company For example, if you invest in a TraCR issued over a US-listed share, you are buying an Australian security that gives you a beneficial interest in, but not a legal title to, the US share. A single TraCR provides the holder with the beneficial ownership of a single underlying share. The value of the underlying share of a TraCR and the applicable for