Harding Loevner International Small Companies Equity Fund’s Q3 2021 Investor Letter

Harding Loevner, an investment management firm, published its “International Small Companies Equity Fund” third-quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly net return of 2.76 % was recorded by the fund for the third quarter of 2021, beating its Benchmark, the MSC All Country World ex-US Small Cap Index, which returned 0.09% for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.