GlacierShares Nasdaq Iceland ETF (GLCR)

GlacierShares Nasdaq Iceland ETF (GLCR) is an exchange-traded fund in the Focused Region category. It has $1.40M in assets, an expense ratio of 0.95% and a 1.11% dividend yield. The index, which is sub-index of the MarketVector™ Total Global Equity Index, tracks the performance of common stocks (or corresponding ADRs or GDRs of “local” Icelandic companies and“non-local”companies related to the Icelandic economy. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in Icelandic equity securities. The fund is non-diversified.