International Small Companies Portfolio Investor Class HLMSX - Portfolio Managers
- Josephine Lewis (left)
- Tulane University, BSM 1997
- University of Maryland, MBA 2006
- Harding Loevner since 2005
- Robert Cresci (right)
- Lead Portfolio Manager
- Boston College, BA 1985
- Fordham University, MBA 1992
- Harding Loevner since 2006
The Portfolio invests in foreign securities, which will involve greater volatility and political, economic, and currency 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. The portfolio invests in smaller companies which involve additional risks such as limited liquidity and greater volatility. 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.