As a guest on Morningstar’s “The Long View,” Vice Chairman Simon Hallett, CFA, discusses the history of Harding Loevner and the key features of the firm’s investment approach, including its high-quality, durable-growth philosophy and long-term perspective. He highlights the importance of “people and process” to the firm’s success and describes how a common culture and clear structures help minimize behavioral errors in investment decision-making. Mr. Hallett also comments on how his work at Harding Loevner has influenced his initiatives as chairman of a professional football club in the UK.

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Any discussion of specific securities is not a recommendation to purchase or sell a particular security. Non-performance based criteria have been used to select the securities identified. It should not be assumed that investment in the securities identified has been or will be profitable. To request a complete list of holdings for the past year, please contact Harding Loevner.

The portfolios invest in foreign securities, which involve greater volatility and political, economic and currency risks and differences in accounting methods. They also invest in emerging markets, which involve unique risks, such as exposure to economies less diverse and mature than the US or other more established foreign markets. The portfolios may invest in smaller companies which involve additional risks such as limited liquidity and greater volatility. Economic and political instability may cause larger price changes in emerging markets securities than other foreign securities.

Past performance does not guarantee future results. Investing involves risk. There is no guarantee that any investment strategy will meet its objective.