UCITS Funds

Emerging Markets Equity Fund

The Emerging Markets Equity Fund invests in high-quality, growing companies with a substantial share of their revenues or assets in emerging markets countries.

The Fund’s base currency is the US Dollar. Other currency classes offer shareholders the convenience of transacting in their preferred currency but they are unhedged and have the same underlying currency exposures as the US Dollar class.

Fact Sheet

Investment Documents

Read more about Harding Loevner's Emerging Markets Equity strategy

Portfolio Managers

Scott Crawshaw

Co-lead

Performance (%)

Returns since inception are total returns for currency classes less than one year old; returns are annualized for periods greater than one year.

Harding Loevner has agreed to cap the Class I total expense ratio at 0.95%, based on the fiscal year-to-date’s weighted average net assets.
Harding Loevner has agreed to cap the Class R total expense ratio at 1.15%, based on the fiscal year-to-date’s weighted average net assets.
Harding Loevner has agreed to cap the Class M total expense ratio at 1.05%, based on the fiscal year-to-date’s weighted average net assets.
Harding Loevner has agreed to cap the Class X total expense ratio at 0.10%, based on the fiscal year-to-date’s weighted average net assets.

Total expense ratio (TER) is based on the investment management fees listed in the most recent prospectus supplement and the operating expenses incurred in the fiscal year.

Current Pricing

Fund Facts

Ireland/UCITS
Domicile & Type
Central Bank of Ireland
Regulator
US $236.0M
Total Fund Assets*
None/Daily
Listing/Dealing
78
Total # of Holdings*

As of December 31, 2022

Portfolio

A complete list of holdings for this quarter is available here.

“Small Emerging Markets” includes the remaining emerging markets, which individually, comprise less than 5% of the Benchmark.
“Frontier Markets” includes countries with less-developed markets outside the Benchmark.
“Developed Market Listed” includes emerging markets and frontier markets companies listed in developed markets.
“China + Hong Kong” the benchmark does not include Hong Kong.

Learn how to invest directly in Harding Loevner Funds.

Please click here for Index Definitions.

Fund returns are net of fees. Index returns are net of withholding taxes.

Performance data quoted represents past performance; past performance does not guarantee future results.

The information contained herein concerns a sub-fund (the “Fund”) of Harding Loevner Funds plc (the “Company”), an umbrella-type open-ended investment company authorized in Ireland as an undertaking for collective investment in transferable securities (a “UCITS”) pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, as amended. Harding Loevner LP is the investment manager of the Company.

The investments of the Fund in securities are subject to normal market fluctuations and other risks inherent in investing in securities. The value of investments and the income from them, and therefore the value of and income from Shares relating to each Fund can go down as well as up and an investor may not get back the amount he invests. Changes in exchange rates between currencies or the conversion from one currency to another may also cause the value of the investments to diminish or increase. An investment in a Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.  For further discussion of risk factors, refer to the Risk Factors section of the Company’s prospectus and the applicable Fund’s Supplement to the Prospectus.

There can be no assurance that the Fund’s investment objective will be achieved and investment results may vary substantially over time. This document is for information purposes only and does not constitute an offer or invitation to purchase shares in the Fund and has not been prepared in connection with any such offer or invitation.

MSCI Inc. and S&P do not make any express or implied warranties or representations and shall have no liability whatsoever with respect to any GICS data contained herein.