About HLMRX
The Harding Loevner International Small Companies Portfolio Institutional Class is a mutual fund designed to provide long-term capital appreciation by investing primarily in small companies located outside the United States. This fund targets a diversified pool of high-quality, growth-oriented businesses with modest market capitalizations, spanning both developed and emerging markets. Companies considered for investment are typically within the market capitalization range of the MSCI All Country World ex US Small Cap Index, ensuring a focus on global small-cap equities.
The portfolio employs a fundamental, research-driven approach to identify firms that demonstrate strong management, financial soundness, rapid growth, and competitive market positions, while also maintaining reasonable valuations. Diversification is a key strategy, with holdings spread across multiple countries, industries, and currencies to help mitigate volatility and reduce risk. The Institutional Class offers a lower expense ratio compared to other share classes, catering to investors able to meet a higher minimum investment threshold.
The Harding Loevner International Small Companies Portfolio Institutional Class plays a significant role for investors seeking dedicated exposure to international small-cap stocks, adding global diversification and participating in the potential growth dynamics of smaller firms outside the US.
Fund Family Harding Loevner
Category Foreign Small/Mid Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol HLMRX
Share Class Institutional
Index MSCI ACWI Ex US Small Cap ND
HLMRX had a total return of 11.19% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.92%.
