GLCR Fees and Costs — GlacierShares Nasdaq Iceland ETF
Data updated: 2026-08-26
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $228 in broker commissions, 0.0310% of average net assets, and portfolio turnover was 20%.
GLCR Fees and Expenses
Annual operating expenses and sales charges of GLCR. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GLCR Costs Over Time
On $10,000 invested in GLCR, assuming 5% a year before costs, total costs come to $614 over 5 years, cutting the return by 1.03% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $614 |
| Value after costs | $10,397 | $11,239 | $12,149 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
GLCR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0310%
- Total broker commissions: $228
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
GLCR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| FOSSAR MARKADIR HF | $138 | 60.24% |
| STONEX FINANCIAL INC. | $59 | 25.79% |
| PERSHING LLC | $32 | 13.87% |
| CITIGROUP GLOBAL MARKETS INC. | $0 | 0.11% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.