Emerging Markets Portfolio HLEMX - Portfolio Managers

- Simon Hallett, CFA (left)
- Oxford University, BA 1978
- Harding Loevner since 1991
- Rusty Johnson, CFA (center)
- Lead Portfolio Manager
- Washington & Lee University, BA 1986
- Harding Loevner since 1994
- Craig Shaw, CFA (right)
- Concordia College, BA 1986
- American Graduate School of
Management (Thunderbird), MIM 1989 - Harding Loevner since 2001
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.
The Harding Loevner Funds are distributed by Quasar Distributors, LLC.



