LG Energy Solution stock is not yet available to purchase on any exchange. But it's expected to go public soon. Here's what we know \u2014 and how to buy stocks when it launches.<\/p>\n\n\n\n \n
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LG Energy Solution will only be available on the Korea Exchange, which makes it more challenging for US investors to buy in. Challenging \u2014 but not impossible. Here are three ways to gain exposure to this battery maker\u2019s stock.<\/p>\r\n
These funds won\u2019t turn you into an LG Energy Solution shareholder per se \u2014 at least not directly. But you will gain exposure to South Korean stocks.<\/p>\r\n
Another option for those interested in backing LG Energy Solution is purchasing an American Depositary Receipt (ADR). These are certificates that represent shares of international stock that can be bought from a domestic account \u2014 no international brokerage account required.<\/p>\r\n\r\n
Now, not all foreign stock is available as an ADR, but given the press surrounding LG Energy Solution\u2019s IPO, there\u2019s a good chance it\u2019ll be available as an ADR. To invest, you\u2019ll need a domestic brokerage account.<\/p>\r\n
An international brokerage account is the most direct way to invest in foreign stock. But most US platforms don\u2019t offer them. And even those that do \u2014 like Interactive Brokers and Fidelity \u2014 don\u2019t offer access to the South Korean markets.<\/p>\r\n\r\n
Why? Well, South Korea places restrictions on foreign investors buying stock, which means that to invest, you\u2019ll need to conduct your own research and fill out the appropriate paperwork. This option is best left to advanced investors who plan to invest in South Korean stocks on a regular basis and\/or make high-dollar investments.<\/p>\n\n\n