I asked this question and got a great response by Flux, now I am faced with another dilemma:

Purchase the OTC F share or the "original" on the respective exchange?

My broker is Fidelity, and through international trading I can purchase UEX via UEX:CA or UEXCF.

Is there any reason to favor purchasing an OTC F share over international trading or vice versa?

  • I think you should also ask Fidelity for their advice regarding this issue.
    – Flux
    Commented Apr 27, 2021 at 18:35
  • @Flux Yea I will. Best I can tell is that the fees may be lower; ~$25 for UEX:CA vs $50 for UEXCF because nothing is held at DTC.
    – pstatix
    Commented Apr 27, 2021 at 18:37
  • Note that F shares of Canadian companies are often treated differently than other F shares. The transaction fees for Canadian F shares are usually lower than for other F shares.
    – Flux
    Commented Apr 27, 2021 at 22:00
  • @Flux I called Fidelity, and they said beyond fees it comes down to 2 things: liquidity and currency rates. If OTC is less liquid than the foreign exchange, could be tough to sell. If I purchase with USD and that's converted to say AUD and the exchange rate rises, I will lose money. So there is a matter of figuring out currency risk.
    – pstatix
    Commented Apr 28, 2021 at 15:20


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