GLCR

Fund Strategy

GlacierShares Nasdaq Iceland ETF (GLCR) seeks to track the total return performance, before fees and expenses, of the MarketVector™ Iceland Global Total Return Net Index. The Index tracks the performance of common stocks (or corresponding American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”)) of Icelandic companies and companies related to the Icelandic economy.

The Fund will generally use a “replication” strategy to achieve its investment objective, meaning the Fund generally will invest in all of the component securities of the Index in approximately the same proportions as in the Index.

However, the Fund may use a “representative sampling” strategy, meaning it may invest in a sample of the securities in the Index whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole, when the Adviser believes it is in the best interests of the Fund.

Access Iceland with One Trade

GLCR provides investors with efficient access to Iceland’s equity market. The fund seeks to track the MarketVector™ Iceland Global Total Return Net Index, a rules based index designed to reflect the performance of Icelandic companies.

With Iceland’s combination of political stability, abundant natural resources, and renewable energy leadership, GLCR offers exposure to a dynamic and underrepresented European market.

View Fund Holdings and Performance

Cold, Hard Growth Potential

  • Abundant Resources: Iceland is rich in food and energy resources, supporting long-term economic expansion.
  • Renewable Energy Leadership: Nearly 100% of electricity is generated from domestic renewable sources, making Iceland a global leader in sustainability. 1
  • Political & Economic Stability: Ranked #1 on the Global Peace Index, Iceland offers a secure investment environment amid global uncertainty. 2
  • Strategic Global Access: Independent from the EU but with direct access to the EU’s single market through the EEA, Iceland benefits from seamless trade and economic integration with Europe while maintaining regulatory independence. As a member of NATO, EFTA, and the Schengen Area, Iceland also maintains strong trade ties with both the U.S. and Europe.

Efficient, Targeted, Iceland Exposure

Unlike broader Nordic or European funds, GLCR offers concentrated exposure to Iceland, with at least 80% of holdings classified as Icelandic companies.

GLCR seeks to reduce the complexity of investing in Iceland’s markets by providing a simple, liquid, and transparent way to access the Icelandic markets.

The Fund Sponsor

GlacierShares is an Icelandic company dedicated to opening access to investment opportunities in the Arctic Circle region. Founded and owned by investors in Iceland, GlacierShares has deep local market knowledge. The firm’s mission is to bridge the gap between U.S. investors and emerging opportunities within the Arctic region, starting with Iceland’s renewable-driven economy and geopolitical stability.

Explore additional resources to learn more about the GlacierShares Nasdaq Iceland ETF (GLCR), its holdings, and the broader Icelandic market:

Learn More About GlacierShares

Index & Iceland Market Research

For more insights on the MarketVector™ Iceland Global Total Return Net Index and research on Iceland’s economy, visit IcelandETF.com

Index Provider Information

Find out more about the MarketVector at MarketVector.com

 

Fund Facts

Ticker GLCR
CUSIP 53656H843
Inception 03/26/2025
Exchange Nasdaq
Management Fee 0.95%
Total Annual Expense 0.95%
Distributions Annually
Administrator U.S. Bank Global Fund Services
Distributor PINE Distributors LLC

Daily Facts as of TBD*

*subject to change

NAV TBD
Closing Price TBD
Prem / Discount TBD
30-day Median Bid/Ask Spread* TBD
Shares Outstanding TBD
Total Net Assets TBD

* The 30-day median bid/ask spread is the median percentage difference between the highest bid price and lowest ask price relative to the midpoint price over the past 30 trading days.

GLCR Documents

Summary Prospectus Download

Prospectus Download

Factsheet Download