3Semana·

Roche - accidentally bought ADR

I accidentally put my savings plan with Trade Republic on the ADR instead of the original share a few months ago. Due to the fluctuations in the dollar, it seems to have performed even slightly better than the share itself when traded in euros.


Apart from the currency fluctuations, will I suffer any significant disadvantages from the ADR in the long term? For example, in terms of taxes or extra fees. I am a German investor in Germany, with no ties to Switzerland or the USA. The position is relatively small, so I would rather avoid transaction costs for an unbalancing.

$RHHBY (-0,29 %)
$ROG (-0,34 %)

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A few months ago, the original share did not yet exist. The original shares from Switzerland have only been tradable in Germany again since May
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If you receive dividends from Roche, you pay additional fees for ADRs.
At least that was always a few % for me years ago with Gazprom
So ADRs only if there is really no chance of getting original shares
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