About HLRZX
The Harding Loevner International Small Companies Portfolio Institutional Class Z is a mutual fund that focuses on investing in high-quality, growing companies with modest market capitalizations located outside the United States. Its primary objective is to provide exposure to international small-cap equities, emphasizing both developed and emerging markets. The fund is actively managed, seeking out firms with strong growth potential, sound financials, and attractive long-term prospects, while maintaining a diversified portfolio to manage risk associated with foreign and smaller companies.
Institutional Class Z stands out with its lowest expense ratio among the available share classes, making it an efficient choice for eligible institutional investors, albeit with a higher minimum investment requirement. The fund serves as a strategic vehicle for diversifying beyond U.S. markets and large-cap stocks, with its investment universe spanning a wide range of industries and regions. By tracking benchmarks such as the MSCI All Country World ex US Small Cap Index, the portfolio plays a significant role for investors seeking to capture opportunities in less mature or niche international markets.
Fund Family Harding Loevner
Category Foreign Small/Mid Growth
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol HLRZX
Share Class Institutional Class Z
Index MSCI ACWI Ex US Small Cap ND
HLRZX had a total return of 8.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.78%.
