About HLFZX
The Harding Loevner Frontier Emerging Markets Portfolio Institutional Class Z is an actively managed mutual fund focused on equities in frontier and smaller emerging market countries. Its primary objective is long-term capital appreciation by investing predominantly in high-quality, growing companies with significant revenue or assets tied to economies that are less developed or smaller than typical emerging markets. The fund employs both fundamental and quantitative research with a bottom-up stock selection process, targeting a diversified mix across sectors such as financials, consumer staples, information technology, and industrials. Managed by Harding Loevner LP, the portfolio seeks to balance growth and value opportunities while also considering environmental and social governance factors in its investment decisions. Institutional Class Z features the fund’s lowest expense ratio but requires the highest minimum investment, making it tailored for institutional clients. The portfolio is benchmarked against the MSCI Frontier Emerging Markets Index, reflecting its role in offering exposure to regions with unique growth prospects and distinct economic, political, and currency risks compared to more established markets.
Fund Family Harding Loevner
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol HLFZX
Share Class Institutional Class Z
Index MSCI Frontier Emerging Markets NR Index
HLFZX had a total return of 10.66% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.58%.
