Is Bancolombia S.A. (CIB) Still A Good Investment Choice?

Harding Loevner, an investment management firm, published its “Emerging Markets Equity Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 1.57% was recorded by the fund for the Q1 of 2021, behind the 2.34% return of the MSCI EM Index. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.

Harding Loevner, in its Q1 2021 investor letter, mentioned Bancolombia S.A. (NYSE: CIB), and shared their insights on the...