SEC Form ADV Part 2A excerpt (EFTA01391914)

GLIDUS144 Glenn Warren iCapital Advisors, LLC Form ADV Part 2A expenses than does investment in U.S. securities traded on a U.S. securities exchange or market Among numerous other types of securities, certain Funds will purchase American Depositary Receipts (ADRs), European Depositary Receipts (EDRs) and Global Depositary Receipts (GDRs). ADRs, EDRs and GDRs are certificates evidencing ownership of shares of a non-U.S. issuer and are alternatives to directly purchasing the underlying non