- What does HLMIX invest in?
- The Harding Loevner International Equity Portfolio strategically allocates capital to businesses located in established economies outside the United States, in addition to those operating within emerging and frontier markets. Typically, a substantial portion—at least 80%—of its total net assets (which may include leveraged capital from borrowings) is dedicated to international equity-related instruments. This encompasses ordinary shares, preference shares, subscription rights, and stock warrants issued by companies domiciled beyond the U.S. borders. The allocation also includes securities convertible into such equities, like Depositary Receipts, and holdings in other investment funds focused on similar global securities. The portfolio generally ensures broad geographical diversification, maintaining positions in a minimum of fifteen distinct countries.
- What is the expense ratio of HLMIX?
- Harding Loevner International Equity Portfolio (HLMIX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HLMIX?
- Harding Loevner International Equity Portfolio (HLMIX) is one share class of a fund that manages $12.39B across all of its share classes (HLMNX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is HLMIX actively managed or an index fund?
- HLMIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HLMIX's is 0.83%) in exchange for the discretion to over- or under-weight positions.
- When was HLMIX launched?
- Harding Loevner International Equity Portfolio (HLMIX) launched in June 1996 and is managed by Harding Loevner.
- How has HLMIX performed?
- HLMIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
