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      <seriesName>Harding Loevner Frontier Emerging Markets Portfolio</seriesName>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Georgia Group PLC</name>
        <lei>213800XKDG12NQG8VC53</lei>
        <title>Bank of Georgia Group PLC ORD GBP0.01</title>
        <cusip>G0R1NA104</cusip>
        <identifiers>
          <isin value="GB00BF4HYT85"/>
          <ticker value="BGEO"/>
        </identifiers>
        <balance>60297</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7572889"/>
        <valUSD>1203263.4</valUSD>
        <pctVal>0.4167102733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of the Philippine Islands</name>
        <lei>549300UW4UH6XT2X8C50</lei>
        <title>Bank of the Philippine Islands PHP10</title>
        <cusip>Y0967S169</cusip>
        <identifiers>
          <isin value="PHY0967S1694"/>
          <ticker value="BPI"/>
        </identifiers>
        <balance>2869114</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.83"/>
        <valUSD>4660964.59</valUSD>
        <pctVal>1.6141701212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vietnam Dairy Prod</name>
        <lei>N/A</lei>
        <title>Vietnam Dairy Prod VND10000</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VNM8"/>
          <ticker value="VNM"/>
        </identifiers>
        <balance>1523500</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23223"/>
        <valUSD>7094393.65</valUSD>
        <pctVal>2.4569073712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Krka Dd</name>
        <lei>549300H9RLRTRTLRUZ73</lei>
        <title>Krka Dd NPV</title>
        <cusip>X4571Y100</cusip>
        <identifiers>
          <isin value="SI0031102120"/>
          <ticker value="KRKG"/>
        </identifiers>
        <balance>29133</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".9016726"/>
        <valUSD>2449782.69</valUSD>
        <pctVal>0.8484007860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engro Chemical</name>
        <lei>N/A</lei>
        <title>Engro Chemical ORD PKR10</title>
        <cusip>Y2295N102</cusip>
        <identifiers>
          <isin value="PK0012101017"/>
          <ticker value="ENGRO"/>
        </identifiers>
        <balance>165591</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="154.61"/>
        <valUSD>360231.2</valUSD>
        <pctVal>0.1247540994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>International Container Terminal Services</name>
        <lei>254900FU1MWK0I0Q4J61</lei>
        <title>International Container Terminal Services PHP1</title>
        <cusip>Y41157101</cusip>
        <identifiers>
          <isin value="PHY411571011"/>
          <ticker value="ICT"/>
        </identifiers>
        <balance>1486780</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.83"/>
        <valUSD>3773371.59</valUSD>
        <pctVal>1.3067817958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>John Keells Hldgs</name>
        <lei>25490013I8MJBZ96H186</lei>
        <title>John Keells Hldgs NPV</title>
        <cusip>Y4459Q103</cusip>
        <identifiers>
          <isin value="LK0092N00003"/>
          <ticker value="JKH.N0000"/>
        </identifiers>
        <balance>842036</balance>
        <units>NS</units>
        <currencyConditional curCd="LKR" exchangeRt="181.45"/>
        <valUSD>749274.4</valUSD>
        <pctVal>0.2594862771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brac Bank Ltd</name>
        <lei>254900EHCK80ARTPIK21</lei>
        <title>Brac Bank Ltd BDT10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BD0138BRACB9"/>
          <ticker value="BRACBANK"/>
        </identifiers>
        <balance>2098193</balance>
        <units>NS</units>
        <currencyConditional curCd="BDT" exchangeRt="85.05"/>
        <valUSD>1233704.18</valUSD>
        <pctVal>0.4272524254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BD</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MCB Bank</name>
        <lei>2549002SIFOER1TFOK04</lei>
        <title>MCB Bank PKRP10</title>
        <cusip>Y61898105</cusip>
        <identifiers>
          <isin value="PK0055601014"/>
          <ticker value="MCB"/>
        </identifiers>
        <balance>417700</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="154.61"/>
        <valUSD>568258.66</valUSD>
        <pctVal>0.1967974938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SM Prime Holdings Inc</name>
        <lei>254900SZK83MIAB8CU32</lei>
        <title>SM Prime Holdings Inc ORD PHP1</title>
        <cusip>Y8076N112</cusip>
        <identifiers>
          <isin value="PHY8076N1120"/>
          <ticker value="SMPH"/>
        </identifiers>
        <balance>16508300</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.83"/>
        <valUSD>12610074.37</valUSD>
        <pctVal>4.3670800071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>East African Brew</name>
        <lei>N/A</lei>
        <title>East African Brew KES2</title>
        <cusip>V3146X102</cusip>
        <identifiers>
          <isin value="KE0000000216"/>
          <ticker value="EABL"/>
        </identifiers>
        <balance>995200</balance>
        <units>NS</units>
        <currencyConditional curCd="KES" exchangeRt="100.3"/>
        <valUSD>2127020.45</valUSD>
        <pctVal>0.7366228152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Square Pharma</name>
        <lei>254900R3NU1J5X39Y909</lei>
        <title>Square Pharma BDT10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BD0473SQPH00"/>
          <ticker value="SQURPHARMA"/>
        </identifiers>
        <balance>2708054.46</balance>
        <units>NS</units>
        <currencyConditional curCd="BDT" exchangeRt="85.05"/>
        <valUSD>6305980.53</valUSD>
        <pctVal>2.1838666997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BD</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Universal Robina</name>
        <lei>N/A</lei>
        <title>Universal Robina PHP1</title>
        <cusip>Y9297P100</cusip>
        <identifiers>
          <isin value="PHY9297P1004"/>
          <ticker value="URC"/>
        </identifiers>
        <balance>2961050</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.83"/>
        <valUSD>8428236.19</valUSD>
        <pctVal>2.9188393883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guaranty Trust Ban</name>
        <lei>0292001868F6N5VI5G15</lei>
        <title>Guaranty Trust Ban NGN0.50</title>
        <cusip>V41619103</cusip>
        <identifiers>
          <isin value="NGGUARANTY06"/>
          <ticker value="GUARANTY"/>
        </identifiers>
        <balance>61029987</balance>
        <units>NS</units>
        <currencyConditional curCd="NGN" exchangeRt="363.5"/>
        <valUSD>5038454.4</valUSD>
        <pctVal>1.7449011664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lafarge Africa Plc</name>
        <lei>029200518F3SI5D98F61</lei>
        <title>Lafarge Africa Plc NGN0.50</title>
        <cusip>V2856X104</cusip>
        <identifiers>
          <isin value="NGWAPCO00002"/>
          <ticker value="WAPCO"/>
        </identifiers>
        <balance>743285</balance>
        <units>NS</units>
        <currencyConditional curCd="NGN" exchangeRt="363.5"/>
        <valUSD>31178.19</valUSD>
        <pctVal>0.0107975295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TBC BANK GROUP PLC</name>
        <lei>213800T6NS9N2WQ3B328</lei>
        <title>TBC BANK GROUP PLC ORD GBP0.01</title>
        <cusip>G8705J102</cusip>
        <identifiers>
          <isin value="GB00BYT18307"/>
          <ticker value="TBCG"/>
        </identifiers>
        <balance>88477</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7572889"/>
        <valUSD>1453528.18</valUSD>
        <pctVal>0.5033811593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SODEP MARSA MAROC</name>
        <lei>N/A</lei>
        <title>SODEP MARSA MAROC MAD10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MA0000012312"/>
          <ticker value="MSA"/>
        </identifiers>
        <balance>138247</balance>
        <units>NS</units>
        <currencyConditional curCd="MAD" exchangeRt="9.59685"/>
        <valUSD>3176034.58</valUSD>
        <pctVal>1.0999139822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marel Hf</name>
        <lei>5299008YTLEN09WTHW26</lei>
        <title>Marel Hf ISK1</title>
        <cusip>X5187X105</cusip>
        <identifiers>
          <isin value="IS0000000388"/>
          <ticker value="MAREL"/>
        </identifiers>
        <balance>572749</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".9016726"/>
        <valUSD>2697962.48</valUSD>
        <pctVal>0.9343496050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equity Group Holdings Ltd</name>
        <lei>2549004UU5YYSKKYY479</lei>
        <title>Equity Group Holdings Ltd KES0.50</title>
        <cusip>V3254M104</cusip>
        <identifiers>
          <isin value="KE0000000554"/>
          <ticker value="EQTY"/>
        </identifiers>
        <balance>6679700</balance>
        <units>NS</units>
        <currencyConditional curCd="KES" exchangeRt="100.3"/>
        <valUSD>3343939.07</valUSD>
        <pctVal>1.1580621199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jarir Marketing Company</name>
        <lei>N/A</lei>
        <title>Jarir Marketing Company SAR10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA000A0BLA62"/>
          <ticker value="4190"/>
        </identifiers>
        <balance>58838</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.752"/>
        <valUSD>2522058.38</valUSD>
        <pctVal>0.8734310683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AL Rajhi Bkg &amp; Inv</name>
        <lei>558600BQZS4Y1DTU8589</lei>
        <title>AL Rajhi Bkg &amp; Inv SAR10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879113"/>
          <ticker value="1120"/>
        </identifiers>
        <balance>37215</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.752"/>
        <valUSD>657829.81</valUSD>
        <pctVal>0.2278174836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zenith Bank Plc</name>
        <lei>029200268F8M5YI5I629</lei>
        <title>Zenith Bank Plc NGN0.50</title>
        <cusip>V9T871109</cusip>
        <identifiers>
          <isin value="NGZENITHBNK9"/>
          <ticker value="ZENITHBANK"/>
        </identifiers>
        <balance>88769046</balance>
        <units>NS</units>
        <currencyConditional curCd="NGN" exchangeRt="363.5"/>
        <valUSD>5091658.74</valUSD>
        <pctVal>1.7633267207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cementos Argos Sa</name>
        <lei>549300H7BB3SSJRSL735</lei>
        <title>Cementos Argos Sa ADR EACH REPR 5 ORD SHS</title>
        <cusip>151260106</cusip>
        <identifiers>
          <isin value="US1512601063"/>
          <ticker value="CMTOY"/>
        </identifiers>
        <balance>59279</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>563322.41</valUSD>
        <pctVal>0.1950879878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grameenphone Ltd</name>
        <lei>N/A</lei>
        <title>Grameenphone Ltd BDT10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BD0001GP0004"/>
          <ticker value="GP"/>
        </identifiers>
        <balance>240128</balance>
        <units>NS</units>
        <currencyConditional curCd="BDT" exchangeRt="85.05"/>
        <valUSD>732734.64</valUSD>
        <pctVal>0.2537582811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BD</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Network Intl Hldgs Plc</name>
        <lei>213800XVRNKWENNLKK60</lei>
        <title>Network Intl Hldgs Plc ORD GBP0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BH3VJ782"/>
          <ticker value="NETW"/>
        </identifiers>
        <balance>676199</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7572889"/>
        <valUSD>5428230.9</valUSD>
        <pctVal>1.8798872982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Inst Fds</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>Northern Inst Fds TREAS PRT PRMR</title>
        <cusip>665279873</cusip>
        <identifiers>
          <isin value="US6652798736"/>
          <ticker value="NTPXX"/>
        </identifiers>
        <balance>3867696.17</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3867696.17</valUSD>
        <pctVal>1.3394479780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nigerian Breweries</name>
        <lei>0292002003B5D1F3B500</lei>
        <title>Nigerian Breweries NGN0.50</title>
        <cusip>V6722M101</cusip>
        <identifiers>
          <isin value="NGNB00000005"/>
          <ticker value="NB"/>
        </identifiers>
        <balance>1270573</balance>
        <units>NS</units>
        <currencyConditional curCd="NGN" exchangeRt="363.5"/>
        <valUSD>192246.26</valUSD>
        <pctVal>0.0665781005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emaar Properties</name>
        <lei>N/A</lei>
        <title>Emaar Properties AED1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE000301011"/>
          <ticker value="EMAAR"/>
        </identifiers>
        <balance>2107642</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305"/>
        <valUSD>2311922.49</valUSD>
        <pctVal>0.8006574892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Epam Sys Inc</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>Epam Sys Inc COM</title>
        <cusip>29414B104</cusip>
        <identifiers>
          <isin value="US29414B1044"/>
          <ticker value="EPAM"/>
        </identifiers>
        <balance>22718</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5182884.52</valUSD>
        <pctVal>1.7949197366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HOA Phat Group Jsc</name>
        <lei>549300ODJEFGL5CWKD32</lei>
        <title>HOA Phat Group Jsc VND10000</title>
        <cusip>Y3231H100</cusip>
        <identifiers>
          <isin value="VN000000HPG4"/>
          <ticker value="HPG"/>
        </identifiers>
        <balance>10705999</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23223"/>
        <valUSD>11023298.62</valUSD>
        <pctVal>3.8175529821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ecopetrol S.A.</name>
        <lei>254900IDGKCJICKBPA66</lei>
        <title>Ecopetrol S.A. SPON ADR EA REPR 20 ORD COP250</title>
        <cusip>279158109</cusip>
        <identifiers>
          <isin value="US2791581091"/>
          <ticker value="EC"/>
        </identifiers>
        <balance>705832</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13057892</valUSD>
        <pctVal>4.5221667545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dangote Cement Plc</name>
        <lei>029200697A0R1BH0A835</lei>
        <title>Dangote Cement Plc NGN0.50</title>
        <cusip>V27546106</cusip>
        <identifiers>
          <isin value="NGDANGCEM008"/>
          <ticker value="DANGCEM"/>
        </identifiers>
        <balance>4407288</balance>
        <units>NS</units>
        <currencyConditional curCd="NGN" exchangeRt="363.5"/>
        <valUSD>2182035.83</valUSD>
        <pctVal>0.7556755629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BDO Unibank Inc</name>
        <lei>3FGIIBS1PEI1FYQBGN97</lei>
        <title>BDO Unibank Inc PHP10</title>
        <cusip>Y07775102</cusip>
        <identifiers>
          <isin value="PHY077751022"/>
          <ticker value="BDO"/>
        </identifiers>
        <balance>1901948</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.83"/>
        <valUSD>5513028.46</valUSD>
        <pctVal>1.9092541138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agthia Group Pjsc</name>
        <lei>N/A</lei>
        <title>Agthia Group Pjsc COM STK AED1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEA001901015"/>
          <ticker value="AGTHIA"/>
        </identifiers>
        <balance>3395507</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305"/>
        <valUSD>3071609.44</valUSD>
        <pctVal>1.0637498068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credicorp</name>
        <lei>N/A</lei>
        <title>Credicorp COM STK USD5</title>
        <cusip>G2519Y108</cusip>
        <identifiers>
          <isin value="BMG2519Y1084"/>
          <ticker value="BAP"/>
        </identifiers>
        <balance>58910</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12169627.8</valUSD>
        <pctVal>4.2145459812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bancolombia S.A.</name>
        <lei>54930052NWJRPNMP1W58</lei>
        <title>Bancolombia S.A. SPON ADS EACH REP 4 PRF SHS</title>
        <cusip>05968L102</cusip>
        <identifiers>
          <isin value="US05968L1026"/>
          <ticker value="CIB"/>
        </identifiers>
        <balance>224992</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11805330.24</valUSD>
        <pctVal>4.0883836332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mabanee Co</name>
        <lei>N/A</lei>
        <title>Mabanee Co KWD0.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KW0EQ0400725"/>
          <ticker value="MABANEE"/>
        </identifiers>
        <balance>4716676</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt=".3039"/>
        <valUSD>14176504.41</valUSD>
        <pctVal>4.9095609719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial Intl Bk</name>
        <lei>213800FIIXJAMEVRIH48</lei>
        <title>Commercial Intl Bk GDR EACH REPR 1 ORD EGP10 REG'S'</title>
        <cusip>201712205</cusip>
        <identifiers>
          <isin value="US2017122050"/>
          <ticker value="CMGGF"/>
        </identifiers>
        <balance>2060224</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10859676.35</valUSD>
        <pctVal>3.7608878489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ericsson Nikola</name>
        <lei>5299001W91BFWSUOVD63</lei>
        <title>Ericsson Nikola HRK100</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HRERNTRA0000"/>
          <ticker value="ERNT"/>
        </identifiers>
        <balance>9318</balance>
        <units>NS</units>
        <currencyConditional curCd="HRK" exchangeRt="6.7107"/>
        <valUSD>1990325.07</valUSD>
        <pctVal>0.6892829151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tallink Group As</name>
        <lei>529900QRMWAKKR3L9W75</lei>
        <title>Tallink Group As NPV</title>
        <cusip>X8849T108</cusip>
        <identifiers>
          <isin value="EE3100004466"/>
          <ticker value="TAL1T"/>
        </identifiers>
        <balance>195619</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".9016726"/>
        <valUSD>215354.11</valUSD>
        <pctVal>0.0745807361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jollibee Foods</name>
        <lei>N/A</lei>
        <title>Jollibee Foods PHP1</title>
        <cusip>Y4466S100</cusip>
        <identifiers>
          <isin value="PHY4466S1007"/>
          <ticker value="JFC"/>
        </identifiers>
        <balance>468330</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.83"/>
        <valUSD>1758340.38</valUSD>
        <pctVal>0.6089427305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial Bank of Ceylon</name>
        <lei>254900XV5B725ZG6RS07</lei>
        <title>Commercial Bank of Ceylon NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LK0053N00005"/>
          <ticker value="COMB.N0000"/>
        </identifiers>
        <balance>437906</balance>
        <units>NS</units>
        <currencyConditional curCd="LKR" exchangeRt="181.45"/>
        <valUSD>221964.1</valUSD>
        <pctVal>0.0768698863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Home Product Center Public Company Limited</name>
        <lei>N/A</lei>
        <title>Home Product Center Public Company Limited THB1(ALIEN MARKET)</title>
        <cusip>Y32758115</cusip>
        <identifiers>
          <isin value="TH0661010015"/>
          <ticker value="HMPRO-F"/>
        </identifiers>
        <balance>4082094</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="31.17"/>
        <valUSD>1912049.16</valUSD>
        <pctVal>0.6621746561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OIL &amp; Gas Developm</name>
        <lei>N/A</lei>
        <title>OIL &amp; Gas Developm PKR10</title>
        <cusip>Y6448X107</cusip>
        <identifiers>
          <isin value="PK0080201012"/>
          <ticker value="OGDC"/>
        </identifiers>
        <balance>766200</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="154.61"/>
        <valUSD>683384.73</valUSD>
        <pctVal>0.2366675805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maroc Telecom</name>
        <lei>254900LH0G1ZIZ78Y462</lei>
        <title>Maroc Telecom MAD6</title>
        <cusip>V5721T117</cusip>
        <identifiers>
          <isin value="MA0000011488"/>
          <ticker value="IAM"/>
        </identifiers>
        <balance>244937</balance>
        <units>NS</units>
        <currencyConditional curCd="MAD" exchangeRt="9.59685"/>
        <valUSD>3970208.06</valUSD>
        <pctVal>1.3749495629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Security Bank Corporation</name>
        <lei>549300JSVDZIR2CPTP95</lei>
        <title>Security Bank Corporation PHP10</title>
        <cusip>Y7571C100</cusip>
        <identifiers>
          <isin value="PHY7571C1000"/>
          <ticker value="SECB"/>
        </identifiers>
        <balance>1872590</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.83"/>
        <valUSD>6501957.93</valUSD>
        <pctVal>2.2517369565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-02-27</ncom:dateSigned>
      <ncom:nameOfApplicant>HARDING LOEVNER FUNDS INC</ncom:nameOfApplicant>
      <ncom:signature>Tracy L. Dotolo</ncom:signature>
      <ncom:signerName>Tracy L. Dotolo</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
