Harding Loevner recently announced Ferrill Roll will complete the transition from co-CIO to sole CIO, and current co-CIO Simon Hallett will give up his CIO responsibilities at the end of 2020. Hallett will remain at the firm as the vice chairman of the executive committee. Roll will give up his co-lead manager role on Harding Loevner Global Equity HLMGX after he becomes the sole CIO, but he will continue to serve as a co-lead manager of Harding Loevner International Equity HLMIX.
Harding Loevner Instl Emerg Mkts I HLMEX
NAV / 1-Day Return
26.63
/
0.52
%
Total Assets
6.9 Bil
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.
1.170%
Expense Ratio
1.170%
Fee Level
Above Average
Longest Manager Tenure
14.18
years
Category
Diversified Emerging Mkts
Investment Style
Large BlendMin. Initial Investment
500,000
Status
Open
TTM Yield
0.39%
Turnover
23%
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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 HLMEX 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 HLMEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HLMEX 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 HLMEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Harding Loevner's Pending People Changes Don't Mar its Emerging-Markets Strategy's Appeal
