US Mutual Funds

International Carbon Transition Equity Portfolio

The International Carbon Transition Equity Portfolio invests in high-quality, growing companies outside the United States.

Fact Sheet

Portfolio Managers

Maria Lernerman, CFA

International Carbon Transition Equity PM

Ferrill D. Roll, CFA

International Co-Lead

Andrew West, CFA

International Co-Lead

Portfolio Facts

The information in the table above is provided on a per share basis.

Please click here for Index Definitions.

Mutual fund investing involves risk. Principal loss is possible. The Portfolio invests in foreign securities, which will involve greater volatility and political, economic, and currency risks and differences in accounting methods. It also invests 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. Economic and political instability may cause larger price changes in emerging markets securities than other foreign securities. Such risks may be magnified for securities in frontier emerging markets. The Portfolio’s strategy of investing in securities of companies that Harding Loevner believes will achieve net zero GHG emissions by 2050 may limit the type and number of investment opportunities available to the Portfolio and, as a result, the Portfolio may underperform other funds that do not limit investment in companies that do not demonstrate a viable pathway to achieve net zero GHG emissions neutral status by 2050.

The Portfolio’s ESG screening process may affect exposures to certain companies or industries and cause the Portfolio to forego certain investment opportunities. Consideration of ESG factors may significantly impact performance. The relative impact of ESG factors on performance may vary across industries and regions. The evaluation of companies for ESG screening is dependent on the timely and accurate reporting of ESG data by the companies.

Portfolio holdings are subject to review and adjustment in accordance with the Portfolio’s investment strategy and may vary in the future, and should not be considered recommendations to buy or sell any security. The Portfolio is actively managed therefore holdings may not be current. A complete list of holdings is available here.

While the Portfolio is “no load”, management fees and expenses will apply. Please refer to the Prospectus for additional details.

The Harding Loevner Funds are distributed by Quasar Distributors, LLC.