Bank of Montreal has introduced five new Canadian Depositary Receipts, broadening access to major U.S. corporations and reinforcing its commitment to diversifying Canadian investors’ portfolios with globally listed companies.
Bank of Montreal (BMO) has once again expanded its lineup of Canadian Depositary Receipts (CDRs), introducing five new listings that provide Canadian investors with exposure to prominent U.S. companies. These latest additions, PayPal Holdings, Inc., Micron Technology, Inc., McDonald’s Corporation, JPMorgan Chase & Co., and Coinbase Global, Inc., began trading on the Cboe Canada exchange recently, marking the continuation of BMO’s steady cadence of weekly CDR launches since earlier this year.
CDRs, which allow Canadian investors to hold shares of international companies in Canadian dollars, serve as a valuable tool for diversifying portfolios while mitigating currency risk. This latest expansion brings BMO’s total number of CDRs to 69, underscoring the bank’s commitment to providing accessible and cost-effective ways for Canadians to invest in global equities without navigating the complexities of foreign markets.
This move follows a series of similar initiatives by BMO over the past year aimed at increasing Canadian investors’ access to international stocks. Since February 2025, BMO has progressively unveiled CDRs tied to a range of companies across Europe, Japan, and other regions. Earlier launches have included German and Swiss giants such as Mercedes-Benz and Nestlé, several Japanese and European powerhouses including Toyota, Honda, Novo Nordisk, and SAP, as well as major financial and industrial companies from the Netherlands, Spain, and Japan like ING Groep, BBVA, Banco Santander, and Canon. Each offering trades on the Cboe Canada exchange and enables Canadian investors to participate in international equity markets with familiar Canadian dollar pricing.
The bank’s strategic expansion of CDRs reflects broader trends in global investment, where Canadian investors increasingly seek diversified exposure to well-known multinational corporations beyond domestic borders. The convenience of CDRs lies in their ability to bypass currency conversion fees and simplify tax reporting, traits that appeal to both retail and institutional investors.
BMO’s aggressive roll-out also contrasts with other evolving investment products in the Canadian market. For example, LongPoint Asset Management has recently introduced inverse-leveraged ETFs, such as the SavvyShort (-2X) Shopify ETF, catering to sophisticated investors keen on tactical, short-term exposure. Meanwhile, True Exposure Investments launched an ETF series targeting long and short positions in assets aimed at risk preservation amid market shocks.
Despite these diverse product offerings, CDRs remain a core gateway for Canadian investors seeking to build long-term, diversified portfolios with international equities. The bank’s growing CDR suite emphasizes stable investment avenues complemented by the familiarity and convenience of domestic trading platforms.
For investors and advisors, BMO’s expanding CDR catalogue represents an evolving toolkit to meet the demands of portfolio diversification through international equity exposure, delivered in a straightforward, Canadian-dollar-denominated form. As regulatory clarity and investor awareness improve, CDRs are poised to become an increasingly integral component of Canadian investment strategies.
- https://www.advisor.ca/investments/products/product-roundup-another-week-another-new-batch-of-cdrs-from-bmo/ – Please view link – unable to able to access data
- https://www.newswire.ca/news-releases/bmo-launches-new-cdrs-with-exposure-to-u-s-stocks-including-paypal-micron-mcdonald-s-jpmorgan-and-coinbase-880841113.html – Bank of Montreal (BMO) has introduced five new Canadian Depositary Receipts (CDRs) on the Cboe Canada exchange. These CDRs provide Canadian investors with exposure to U.S. companies: PayPal Holdings, Inc. (ZPYP), Micron Technology, Inc. (ZMIC), McDonald’s Corporation (ZMCD), JPMorgan Chase & Co. (ZJPM), and Coinbase Global, Inc. (ZCOI). This initiative aims to enhance portfolio diversification by allowing investors to hold shares of international companies in Canadian dollars. For more information, visit BMO’s CDRs website.
- https://www.newswire.ca/news-releases/bmo-launches-new-canadian-depositary-receipts-bmos-new-canadian-depositary-receipts-begin-to-trade-836476766.html – On February 6, 2025, Bank of Montreal (BMO) launched its first Canadian Depositary Receipts (CDRs) on the Cboe Canada exchange. The initial offerings include CDRs for Mercedes-Benz (MB) and Nestlé (NEST). These CDRs provide Canadian investors with easier access to German and Swiss markets, allowing them to hold shares of international companies in Canadian dollars. For more details, visit BMO’s CDRs website.
- https://www.newswire.ca/news-releases/bmo-launches-new-canadian-depositary-receipts-cdrs-giving-investors-enhanced-access-to-international-companies-in-europe-and-japan-835401727.html – Bank of Montreal (BMO) has expanded its Canadian Depositary Receipts (CDRs) lineup by introducing five new CDRs on January 30, 2025. These CDRs offer Canadian investors enhanced access to international companies: Mercedes-Benz (MB), Nestlé (NEST), Toyota (TOYM), Honda (HNDA), and Nintendo (NTDO). Trading on the Cboe Canada exchange, these CDRs allow investors to hold shares of European and Japanese companies in Canadian dollars, reducing currency risk. For more information, visit BMO’s CDRs website.
- https://www.newswire.ca/news-releases/bmo-continues-to-expand-its-canadian-depositary-receipt-cdr-lineup-with-new-listings-from-japan-netherlands-and-spain-867188670.html – On May 15, 2025, Bank of Montreal (BMO) announced the addition of five new Canadian Depositary Receipts (CDRs) to its lineup. These CDRs provide Canadian investors with exposure to international companies: Canon Inc. (CANO), ING Groep N.V. (INGG), Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), Banco Santander, S.A. (BSAN), and Industria de Diseño Textil, S.A. (ZARA). Trading on the Cboe Canada exchange, these CDRs allow investors to hold shares of Japanese, Dutch, and Spanish companies in Canadian dollars. For more details, visit BMO’s CDRs website.
- https://www.newswire.ca/news-releases/bmo-expands-canadian-depositary-receipt-cdr-lineup-with-10-new-listings-from-europe-and-japan-860020284.html – Bank of Montreal (BMO) has expanded its Canadian Depositary Receipts (CDRs) lineup by introducing 10 new CDRs on February 20, 2025. These CDRs offer Canadian investors enhanced access to international companies: Novo Nordisk A/S (NVON), SAP SE (SAPG), ASML Holding NV (ASMH), CIE Financiere Richemont AG (RCHM), Novartis AG (NOVN), Roche Holdings AG (ROCH), UBS Group AG (UBS), Mitsubishi Corp. (MTSU), Mitsubishi UFJ Financial Group (MUFG), and Softbank Group Corp. (SFTB). Trading on the Cboe Canada exchange, these CDRs allow investors to hold shares of European and Japanese companies in Canadian dollars. For more information, visit BMO’s CDRs website.
- https://www.newswire.ca/news-releases/bmo-continues-to-expand-its-canadian-depositary-receipt-cdr-lineup-with-new-listings-from-japan-netherlands-and-spain-867188670.html – On May 15, 2025, Bank of Montreal (BMO) announced the addition of five new Canadian Depositary Receipts (CDRs) to its lineup. These CDRs provide Canadian investors with exposure to international companies: Canon Inc. (CANO), ING Groep N.V. (INGG), Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), Banco Santander, S.A. (BSAN), and Industria de Diseño Textil, S.A. (ZARA). Trading on the Cboe Canada exchange, these CDRs allow investors to hold shares of Japanese, Dutch, and Spanish companies in Canadian dollars. For more details, visit BMO’s CDRs website.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
✅ The narrative is based on a recent press release dated November 13, 2025, announcing the launch of five new Canadian Depositary Receipts (CDRs) by Bank of Montreal (BMO). Press releases typically warrant a high freshness score due to their timely and original content. ([newswire.ca](https://www.newswire.ca/news-releases/bmo-launches-new-cdrs-with-exposure-to-u-s-stocks-including-paypal-micron-mcdonald-s-jpmorgan-and-coinbase-880841113.html?utm_source=openai))
Quotes check
Score:
10
Notes:
✅ The press release does not contain direct quotes, indicating original content. ([newswire.ca](https://www.newswire.ca/news-releases/bmo-launches-new-cdrs-with-exposure-to-u-s-stocks-including-paypal-micron-mcdonald-s-jpmorgan-and-coinbase-880841113.html?utm_source=openai))
Source reliability
Score:
10
Notes:
✅ The narrative originates from a reputable organisation, Bank of Montreal (BMO), a major financial institution in North America. ([newswire.ca](https://www.newswire.ca/news-releases/bmo-launches-new-cdrs-with-exposure-to-u-s-stocks-including-paypal-micron-mcdonald-s-jpmorgan-and-coinbase-880841113.html?utm_source=openai))
Plausability check
Score:
10
Notes:
✅ The claims are plausible and consistent with BMO’s previous initiatives. The launch of CDRs for U.S. companies aligns with BMO’s strategy to provide Canadian investors with access to international markets. ([newswire.ca](https://www.newswire.ca/news-releases/bmo-launches-new-cdrs-with-exposure-to-u-s-stocks-including-paypal-micron-mcdonald-s-jpmorgan-and-coinbase-880841113.html?utm_source=openai))
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
✅ The narrative is a recent press release from a reputable source, containing original content without direct quotes. The claims are plausible and consistent with BMO’s previous initiatives, indicating a high level of reliability.