Fund Overview Fund Overview Call Us Advisors: 800.368.4410 Investors: 877.435.8105 Investment Style Harding Loevner Frontier Emerging Markets Portfolio has an Equity Income Objective, seeking to achieve income and capital appreciation. Large Mid Small Value Blend Growth Equity Objective Harding Loevner Frontier Emerging Markets Portfolio is categorized as Mid-Blend. It invests in medium-cap companies with medium risk. Morningstar Ratings Risk-adjusted returns as of 03/31/2026 Overall Rating (of 694) 3 Years (of 694) 5 Years (of 617) 10 Years (of 461) Category Diversified Emerging Mkts Read Important Investment Disclosures Performance Performance Read Important Investment Disclosures Portfolio & Holdings Portfolio & Holdings About the Affiliate About Harding Loevner Harding Loevner manages global and non-U.S. equity portfolios following a consistent philosophy focused on long-term investment in growing companies with high-quality fundamentals. The Firm believes diversified portfolios of the stocks of companies meeting its quality-growth criteria, purchased at reasonable prices, offer potentially superior risk-adjusted returns over the long term. Learn More About Harding Loevner's Approach FOUNDED 1989 AMG AFFILIATE SINCE 2009 HEADQUARTERS Bridgewater, NJ Portfolio Managers Sergey Dubin, CFA PORTFOLIO MANAGER Read full bio Babatunde Ojo, CFA PORTFOLIO MANAGER Read full bio Sergey Dubin, CFA PORTFOLIO MANAGER Sergey Dubin is a co-lead portfolio manager of the Frontier Emerging Markets Equity strategy and a Frontier Markets analyst. He is a partner of the firm and has over 20 years of industry experience. Prior to joining Harding Loevner in 2015, he worked as a research analyst/senior research analyst at Armor Capital Management and Consilium Investment Management. From 1997 to 2007, Dubin worked at Palisade Capital Management and was Vice President of Private Equity Investments. Dubin also previously worked for Bear, Stearns & Co. as a financial analyst. He holds a BS in finance from the M.J. Whitman School of Management and a BS in economics from the Maxwell School of Citizenship and Public Affairs, both at Syracuse University. He is also a CFA® charterholder. Babatunde Ojo, CFA PORTFOLIO MANAGER Tunde Ojo is a co-lead portfolio manager of the Frontier Emerging Markets Equity Strategy and an analyst of frontier markets and financial companies. He is also a portfolio manager on Emerging Markets Equity. He is a partner of the firm and has over 15 years of experience. Before starting at Harding Loevner in 2012, Tunde worked as an equity research analyst and portfolio manager at Asset & Resource Management Company in Nigeria and as a global research analyst intern at American Century Investments. He also previously served as an associate at PricewaterhouseCoopers and a banking officer at Intercontinental Bank in Nigeria. Tunde is a graduate of the University of Lagos with a BS in biochemistry, of Imperial College, University of London with an MSc in food chain management, and of the Wharton School of the University of Pennsylvania with an MBA in finance & management. He is also a CFA® charterholder. Investment Approach Investment Approach Harding Loevner Frontier Emerging Markets Portfolio The Frontier Emerging Markets Portfolio invests in high-quality, growing companies that operate in frontier markets and smaller emerging markets. Following a disciplined investment process focused on collaborative yet accountable decision-making, analysts study global industries to understand their competitive structures, assess the long-term risks and fair values of their constituent companies, and recommend those with high fundamental business quality and durable growth prospects. The Fund’s diversified portfolio is built from the bottom-up using Harding Loevner’s distinctive Co-Lead Manager structure, and seeks to realize superior risk-adjusted returns for clients. Related products Other Products From Harding Loevner HLMGX Harding Loevner Global Equity Portfolio View Fund Details HLMEX Harding Loevner Institutional Emerging Markets Portfolio View Fund Details HLMNX Harding Loevner International Equity Portfolio View Fund Details HLMSX Harding Loevner International Small Companies Portfolio View Fund Details Harding Loevner Global Equity ADR Strategy View SMA Details Harding Loevner International Equity ADR Strategy View SMA Details Stay up-to-date Sign up to receive our latest views and thinking, in addition to other news and product-related information. CHOOSE SUBSCRIPTIONS