Harding Loevner International Developed Markets Select Equity ETF (LOEV)

Harding Loevner International Developed Markets Select Equity ETF is an actively managed equity fund from Harding Loevner, a New Jersey-based investment firm known for its fundamental, quality-growth approach to global and international stock selection.

The fund invests in stocks of companies based in developed markets outside the United States, such as Europe, Japan and other advanced economies. Its portfolio managers seek businesses with durable competitive advantages, strong financial positions, sustainable growth and capable management, and they aim to buy those companies at reasonable valuations.

As the "Select" in its name suggests, the strategy runs a relatively concentrated portfolio built from bottom-up research rather than tracking an index, so its holdings and country and sector weights can differ markedly from benchmark international indexes.