Table 1. ADR Direct Purchase Plans
  Initial Min Enroll Fee Purch Fee DRP Fee (Max) Purch Freq Purch Comm MinPurch Max Purch Notable Offerings The Scoop Web Address
Global Invest Direct
Bank sponsor:
JPMorgan
250 (or $50/mo for 5 mos) $18 $2–$5 5%
($2.50)
Every 5 days $0.12/sh $50 $100,000/yr Honda Motor (Japan),
Siemens AG (Germany),
Sony (Japan),
BP (UK)
This program has grown from around 80 companies to 293 companies in just a few years. On-line account and transaction access, a broad selection of companies from different countries, and relatively low fees make this an appealing program. www.adr.com
Global BuyDIRECT
Bank sponsor:
BNY Mellon Shareowner Services
$200 $10 $2–$5 5%
($5.50)
Every 5 days $0.04/sh $50 $10,000/mo AXA Financial (France),
Daimler AG (Germany),
Toyota Motor (Japan),
Solarfun Power Hldgs & Petrochina (China)
In 2007, Bank of New York merged with Mellon Financial. With both companies offering ADR purchase plans (140 from BNY and 25 from Mellon), the merging of the two programs appears to be challenging. On-line information about individual programs may be periodically sparse. www.adrbnymellon.com/
International Direct Investment Plan
Bank sponsor:
CitiBank partner
250
(or $50/mo for 5 mos)
$10 $5 $0.10/sh Every 5 days $0.10/sh $50 $100,000/yr CEMEX (Mexico),
Ericsson (Sweden),
Imperial Tobacco Group (UK)
CitiBank's program is currently limited to only 17 offerings. But given the partnership with Computershare's ever-growing Shareholder Services division and the increasing interest in internationals, expect this plan to expand offerings in the future. www.citiadr.idmanagedsolutions.com
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