Harding Loevner recently announced that Craig Shaw will give up his co-lead manager position on its emerging-markets strategy effective July 1, 2022, and become an emerging-markets analyst for the firm. Harding Loevner also announced that Pradipta Chakrabortty will take over Shaw’s co-lead manager position, Scott Crawshaw will continue to serve as this strategy’s other co-lead manager, and Richard Schmidt will remain a comanager. Given the moves, the strategy's Morningstar Analyst Rating has been placed Under Review.
Harding Loevner Emerging Markets Advisor HLEMX
NAV / 1-Day Return
56.98
/
0.45
%
Total Assets
3.5 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.
1.200%
Expense Ratio
1.200%
Fee Level
Average
Longest Manager Tenure
15.08
years
Category
Diversified Emerging Mkts
Investment Style
Large BlendMin. Initial Investment
5,000
Status
Open
TTM Yield
0.55%
Turnover
15%
Premium
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 HLEMX 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 HLEMX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HLEMX 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 HLEMX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Harding Loevner Emerging Markets Is Under Review Because of an Upcoming Manager Transition
