Mutual Funds Individual

• Global Equity
• International Equity
  • Performance
  • Portfolio Characteristics
  • Portfolio Managers
  • Current Factsheet
  • Dividends
  • Prospectus
  • How to Invest
  • Request Information
• Emerging Markets
• International Small Companies

International Equity Portfolio Investor Class HLMNX - Overview

Investment Objective

The International Equity Portfolio (the "Portfolio") seeks long-term capital appreciation through investments in equity securities of companies based outside the United States.

• Liquid, non-US equity universe
• Includes both developed and emerging markets
• Emphasis on globally-competitive companies
• Risks are managed through careful diversification across geographies, sectors, industries, currencies and size
• Low portfolio turnover

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.