Emerging Markets Portfolio HLEMX - Overview
Investment Objective
The Emerging Markets Portfolio (the "Portfolio") seeks long-term capital appreciation through investments in equity securities of companies based in emerging markets.
- Liquid, emerging-markets equity universe
- Emphasis on globally-competitive companies
- Includes both developed and emerging markets
- Risks are managed through careful diversification across geographies, sectors, industries, currencies and size
- Portfolio diversification benefits for investors from exposure to asset class
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 U.S. or other more established foreign markets. Economic and political instability may cause larger price changes in emerging markets securities than other foreign securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment by the Portfolio in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities.
Diversification does not guarantee a profit or prevent a loss in a declining market.
The Harding Loevner Funds are distributed by Quasar Distributors, LLC.