Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Harding Loevner Emerging Markets Advisor  HLEMX Release date as of 2024-03-31. Data on page is subject to change. Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts

Fees and Expenses Taken from prospectus dated 2024-02-28   Maximum Sales Fees Maximum Sales Charge --- Maximum Fees Administrative --- Management 0.95% 12b-1 --- Actual Fees 12b-1 --- Management 0.95% Prospectus Net Expense Ratio 1.20% Total Annual Operating Expense 1.20%

Waiver Data Type Date % --- --- --- ---

Management Inception Date: 1998-11-09

Mngr Name Scott Crawshaw Mngr Start Date 2014-06-30 Biography Scott Crawshaw is a member of the PM team for the Emerging Markets Equity, International Equity & Global Equity strategies. He is also an Emerging Markets analyst. Scott joined the firm in 2014 & is a Partner. He has 22 yrs of experience in EM research & portfolio management, including 5 yrs at ISIS Asset Management where he served as an Emerging Markets Fund Manager until 2003. Prior to joining Harding Loevner, Scott served as an Emerging Markets Senior Portfolio Manager at Russell Investments. He graduated from The University of Bristol (1995) with a BSc in Mathematics. Mngr Name Pradipta Chakrabortty Mngr Start Date 2015-01-31 Biography Pradipta Chakrabortty has been a portfolio manager and an analyst since 2008. As an analyst, he focuses on frontier emerging market companies. Mr. Chakrabortty graduated from BIRLA Institute of Technology & Science (Pilani, India) in 1994, received an MBA in Finance and Marketing from XLRI School of Management (Jamshedpur, India) in 1998, and received an MBA in Finance from University of Pennsylvania, the Wharton School, in 2008. He joined Harding Loevner in 2008. Mr. Chakrabortty serves as a co-lead portfolio manager for the Frontier Emerging Markets Portfolio and as a portfolio manager for the Institutional Emerging Markets Portfolio and Emerging Markets Portfolio. Mngr Name Babatunde Ojo Mngr Start Date 2024-01-31 Biography Babatunde (Tunde Babatunde Ojo is a co-lead portfolio manager of the Frontier Emerging Markets Equity strategy, portfolio manager of the International Equity strategy, and an analyst of frontier markets companies. He is a Partner of the firm. Prior to joining Harding Loevner, 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. Mngr Name Lee Gao Mngr Start Date 2023-01-31 Biography Mr. Gao is a portfolio manager within GSAM’s Global Emerging Markets Equity Team. Mr. Gao joined GSAM in April 2019 from GCA Investment Management where he served as a portfolio manager from 2017 to 2019. Prior to joining GCA Investment Management, he was head of research of the Caravel Emerging Markets Sustainability Fund at Caravel Management LLC, a portfolio manager at Visium Asset Management, and a director at Greyson Capital Management. Investment Advisor(s) Harding Loevner LP Web Site www.hardingloevnerfunds.com Issuer Harding Loevner

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