Harding Loevner Institutional Emerging Markets Portfolio (HLMEX)
Harding Loevner Institutional Emerging Markets Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Bridgewater, NJ, US. The stock last traded at $12.91, up 0.94% on the session, giving a market capitalisation of $141.4M. Its beta of 1.04 implies it has historically moved more than the broad market.
This portfolio primarily focuses its investments on companies operating within developing and frontier economies. Typically, it diversifies its holdings across a minimum of 15 different nations. The fund commits at least 80% of its net assets to securities from emerging and frontier markets, which can also include shares of other investment companies that pursue similar investment strategies. Additionally, at least 65% of its total assets are allocated to various forms of equity, including common and preferred stocks, as well as rights and warrants issued by corporations.
Harding Loevner Institutional Emerging Markets Portfolio is most often compared with the following Financial Services names: