Fund Notice Shares may not be available for purchase by all investors. If you are purchasing shares of the Portfolio through a financial intermediary, please consult with an appropriate representative to confirm your eligibility to invest. For more information, please review the Prospectus. Fund Overview Fund Overview Call Us Advisors: 800.368.4410 Investors: 877.435.8105 Investment Style Harding Loevner Institutional 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 Institutional Emerging Markets Portfolio is categorized as Large-Blend. It invests in large-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 Pradipta Chakrabortty PORTFOLIO MANAGER Read full bio Scott Crawshaw PORTFOLIO MANAGER Read full bio Lee Gao PORTFOLIO MANAGER Read full bio Babatunde Ojo, CFA PORTFOLIO MANAGER Read full bio Pradipta Chakrabortty PORTFOLIO MANAGER Pradipta Chakrabortty is a co-lead portfolio manager of the Emerging Markets Equity strategy, and an analyst of frontier emerging markets. He joined Harding Loevner in 2008 and is a Partner of the firm with over 20 years of experience. His prior industry experience includes serving as a summer analyst at Templeton Capital Advisors and Cornerstone Investment Partners. He also worked for a number of years in marketing and brand management for GlaxoSmithKline, Vodafone Essar, and General Mills. Pradipta is a graduate of BIRLA Institute of Technology & Science with a degree in Engineering, XLRI School of Management with an MBA in Finance & Marketing, and the Wharton School at the University of Pennsylvania with an MBA in Finance. Scott Crawshaw PORTFOLIO MANAGER Scott Crawshaw is Chief of Staff, Investments; a co-lead portfolio manager of the Emerging Markets Equity Strategy and an analyst of emerging markets companies. He is a partner of the firm and has over 20 years of industry experience. Before joining Harding Loevner in 2014, he worked for 10 years at London-based Russell Investments as a senior portfolio manager and research analyst of emerging markets equities. He has also worked at ISIS Asset Management as a fund manager for global emerging market equities, and at Bacon and Woodrow in its London Investment Division. Scott graduated from the University of Bristol with a BSc in mathematics. Lee Gao PORTFOLIO MANAGER Lee is a portfolio manager for Emerging Markets equity and China analyst. He joined the firm in 2020 as an analyst initially focusing on Chinese companies before more widely covering Emerging Markets companies, a role that he will continue to serve. He has over 16 years of investment experience, including most recently as a portfolio manager of the Imprint Emerging Markets strategy at Goldman Sachs Asset Management. Before then, Lee worked at Asia equity specialists Joho Capital and Greyson Capital Management, as well as at J.P. Morgan. He is a graduate of Harvard College with an A.B. in Economics. 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 Institutional Emerging Markets Portfolio The Institutional Emerging Markets Portfolio invests in high-quality, growing companies that operate in emerging markets and, to a lesser extent, frontier 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. 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