Chi-X TraCRs
What are TraCRs?
TraCRs, or Transferable Custody Receipts, are securities exclusively quoted on Chi-X, the innovative securities and derivatives exchange that delivers local and global opportunities for Australian investors. TraCRs give Australian investors access to the benefits of owning US shares in some of the world’s biggest brands.
Easy to Access
TraCRs are quoted and traded exclusively on Chi-X’s market. To find out how easy it is to invest in TraCRs, speak to your broker or adviser.
Traded in Australian dollars
TraCRs are traded in AUD, with dividends paid in AUD, making them easy to manage within your investment portfolio.
Best of both Worlds
As a TraCR holder you have a beneficial interest in the underlying US share (and the right, subject to the terms of issue, to convert your TraCR holding into that share). You also hold an Australian security which is traded, cleared and settled in Australian dollars (AUD), under Australian regulation, during Australian trading hours.
How do I buy TraCRs
You buy a TraCR the same way you buy other Australian securities. Before you place an order, you must have read and understood the investor fact sheet, which can be found here. Contact amscot stockbroking about how to buy TraCRs.
Resources
These links takes you to the TraCR Product Disclosure Statement, which provides information about TraCRs and is provided by the TraCR Issuer.