Harding Loevner Frontier Emerging Markets Equity Strategy’s Q4 2022 Investor Letter

Harding Loevner, an asset management company, released its “Frontier Emerging Markets Equity Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy returned 5.72% gross of fees compared to a 9.23% return for the MSCI Frontier Emerging Markets Index. The fund returned -17.23% gross of fees for the year compared to -17.84% return for the benchmark. In addition, please check the fund’s top five holdings to know its best picks in 2022.