Despite the deep and knowledgeable analyst team backing Harding Loevner Frontier Emerging Markets, the inherent limits of its mandate and the team’s struggles to grapple with its unusual universe result in a Morningstar Analyst Rating of Neutral for all share classes.
Harding Loevner Frontier Emerg Mkts Inst HLFMX
NAV / 1-Day Return
8.63
/
1.03
%
Total Assets
215.4 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.680%
Expense Ratio
1.680%
Fee Level
High
Longest Manager Tenure
12.91
years
Category
Diversified Emerging Mkts
Investment Style
Mid BlendMin. Initial Investment
100,000
Status
Open
TTM Yield
1.42%
Turnover
21%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HLFMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HLFMX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HLFMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of HLFMX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An unusual and perhaps unnecessary niche.
