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Financings

BMO's New CDRs Add Exposure to U.S. Stocks, Including Nvidia, Tesla and Amazon.com

By The Northwire Desk — AI Analysis Oct 16, 2025 · 07:30 ZAM · None None
ZAM · Price

Executive Summary

  • BMO announced the launch of five new Canadian Depositary Receipts (CDRs) that provide Canadian investors with direct exposure to major U.S. companies, including AMD, Alphabet, Amazon, NVIDIA, and Tesla.
  • The CDRs trade on the Cboe Canada exchange in Canadian dollars at an approximate price of $10 per share, eliminating currency conversion risk for investors.
  • This expansion broadens BMO’s global CDR lineup and offers a cost‑effective diversification tool for retail and advisory clients.

Key Details

  • New CDR Tickers & Underlying Companies
  • ZAMD – Advanced Micro Devices, Inc. (Common Shares) – U.S.
  • ZGOO – Alphabet Inc. (Class C Capital Shares) – U.S.
  • ZAMZ – Amazon.com, Inc. (Common Shares) – U.S.
  • ZNVD – NVIDIA Corporation (Common Shares) – U.S.

  • ZTSL – Tesla, Inc. (Common Shares) – U.S.

  • Pricing & Trading

  • Initial offering priced at approximately $10 CAD per share.

  • CDRs began trading on the Cboe Canada exchange on the announcement date.

  • Currency Risk Management

  • CDRs are denominated in Canadian dollars, removing the need for investors to convert CAD to foreign currency when buying U.S. equities.

  • Investor Access

  • Available through multiple platforms for individual investors and financial advisors.

  • Detailed prospectus information accessible via www.sedarplus.ca and BMO’s website.

  • Regulatory & Disclosure

  • Each CDR series is offered under a short‑form base shelf prospectus and supplement, complying with Canadian securities regulations.

Notable Quotes

“We are pleased to announce the expansion of our global CDR lineup in Canada to meet the needs of investors seeking greater exposure to world‑class companies listed in the United States,” – Bill Bamber, CEO, BMO Global Asset Management.

Read the original news release →