4 ms·
Can't they just file in another country? I mean, it doesn't really matter where it's traded; any decent bank will give you access to at least the LSE and Xetra
by tormeh 10y ago
Can't they just file in another country? I mean, it doesn't really matter where it's traded; any decent bank will give you access to at least the LSE and Xetra in addition to the two big American exchanges.
- olegkikin 10y agoIt matters, because the US retirement funds (401k, IRA) can't invest into some other country's ETFs, correct me if I'm wrong.
- bbcbasic 10y agoAustralia would be a good place though. Compulsory superannuation
- fennecfoxen 10y agoThis would be news to me. US 401k / IRA accounts can, and do, buy stocks in a variety of markets, whether directly or through instruments such as NYSEARCA:VEU (also available as the mutual funds VFWAX and VFWIX.) I'm not aware of any special reason why foreign-traded ETFs would get special treatment that foreign-traded stocks don't?