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Re Fees on ADR
Dividends
OK, I spoke with one representative from one of the brokerage
houses I use. He said:
Fees vary from one ADR to the next. ADRs have a designated
bank which sponsors it (BNY Mellon in Nokia's case).
According to him the fee is arrived at on a variety of factors,
including the European burse that it trades at in the foreign
country, the country and of course the sponsoring bank, hence the
difference in charges.
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