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.
The Premium/Discount shows the difference between the daily market price of the Fund's shares and the Fund's net asset value ("NAV"). The table shows the premium or discount of the mid-point price as a percentage of the NAV as well as the number of trading days the Fund traded within the given premium/discount range.
NAV Return represents the closing price of the underlying securities.
Market Price Return is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table are based upon the midpoint of the bid/ask spread at 4:00 pm EST, and do not represent the returns you would have received if you traded shares at other times.
The Fund is new and therefore does not have a performance history for a full calendar year as of the most recent quarter end.
THE PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE, DOES NOT GUARANTEE FUTURE RESULTS AND CURRENT PERFORMANCE MAY BE LOWER OR HIGHER THAN THE DATA QUOTED. INVESTMENT RETURN AND PRINCIPAL VALUE WILL FLUCTUATE SO THAT THE INVESTOR’S SHARES, WHEN REDEEMED, MAY BE WORTH MORE OR LESS THAN THE ORIGINAL COST. TO OBTAIN PERFORMANCE AS CURRENT AS THE MOST RECENT MONTH END PLEASE DIAL THE APPROPRIATE NUMBER OR VISIT THE WEBSITE IN THE CONTACT US SECTION. PERFORMANCE IS INCLUSIVE OF DIVIDENDS.
An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. The prospectus and, if available, the summary prospectus contain this and other information about the Fund. You may obtain a prospectus and, if available, a summary prospectus by downloading the prospectus or calling 877-376-0082. Please read the prospectus or summary prospectus carefully before investing.
The MarketVector™ Iceland Global Index is a country index tracking the performance of Icelandic companies and, to meet diversification requirements, companies related to the Icelandic economy. Investors cannot invest directly in an index. An index does not reflect fees, expenses, or trading costs associated with an investment in an actual fund or security.
The Fund is a recently organized investment company with a limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision.
There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from social, economic, or political instability in other nations.
Investment in Icelandic issuers involves risks that are specific to Iceland, including, legal, regulatory, political, currency, security and economic risks.
Exchange-traded funds (ETFs) trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF's net asset value (NAV), and are not individually redeemable directly with the ETF. Brokerage commissions and ETF expenses will reduce returns.
The Fund is non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.
The fund seeks to track the performance of an index, which may result in lower returns than if the fund were actively managed.
The Index relies on a quantitative model that utilizes artificial intelligence as well as third-party data and information to select Underlying ETFs.
Diversification does not ensure a profit or protect against market risk or loss of principal.
For a complete description of the Fund’s principal investment risks, please refer to the prospectus.
We do not control the content on the third-party websites; we do not guarantee any claims made on them; nor do we endorse the websites, its sponsors, or any of the content, policies, activities, products or services offered on the websites or by any advertiser on the sites. We disclaim any responsibility for the websites' performance or interaction with your computer, its security and privacy policies and practices, and any consequences that may result from visiting it. The link is not intended to create an offer to sell, or a solicitation of an offer to buy or hold, any securities.
PINE Distributors LLC is the distributor for the GlacierShares Iceland ETF. Teucrium Investment Advisors, LLC, wholly owned by Teucrium Trading, LLC, serves as the investment adviser of the funds. PINE Distributors LLC is not affiliated with Teucrium Trading, LLC and Teucrium Investment Advisors, LLC.
Learn more about PINE Distributors LLC at FINRA's BrokerCheck.
Shares of the Funds Are Not FDIC Insured, May Lose Value, and Have No Bank Guarantee.
The ETF is not sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the “Corporations”). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the ETF. The Corporations make no representation or warranty, express or implied to the owners of the ETF or any member of the public regarding the advisability of investing in securities generally or in the ETF particularly, or the ability of the MarketVector Iceland Global Index to track general stock market performance. The Corporations' only relationship to the GlacierShares NASDAQ Iceland ETF (“Licensee”) is in the licensing of the Nasdaq trade names of the Corporations. Nasdaq has no obligation to take the needs of the Licensee or the owners of the ETF. The Corporations are not responsible for and have not participated in the determination of the timing of, prices at, or quantities of the ETF to be issued or in the determination or calculation of the equation by which the ETF is to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the ETF.
THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR UNINTERRUPTED CALCULATION OF THE MARKET VECTOR ICELAND GLOBAL INDEX OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE ETF, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE MARKET VECTOR ICELAND GLOBAL INDEX OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE MARKET VECTOR ICELAND GLOBAL INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
THE POSSIBILITY OF SUCH DAMAGES.
