Harding Loevner Chinese Equity Portfolio - Portfolio Holdings as of June 30, 2021

Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund 9988_HK Alibaba Consumer Discretionary Stock CN HKD 17,100 28.33 $484,491 10.59% 700_HK Holdings Communication Services Stock CN HKD 4,000 75.22 $300,877 6.58% 2269_HK Wuxi Biologics Cayman Health Care Stock CN HKD 13,500 18.33 $247,439 5.41% 603259_C1 WuXi AppTec (China A) Health Care Stock CN CNY 8,960 24.22 $217,031 4.75% 601888_C1 China Tourism Group Duty Free Consumer Discretionary Stock CN CNY 4,300 46.42 $199,606 4.36% 2382_HK Sunny Optical Information Technology Stock CN HKD 5,100 31.52 $160,760 3.52% 669_HK Techtronic Industrials Stock HK HKD 9,000 17.50 $157,511 3.44% 1590_TT Airtac Industrials Stock TW TWD 4,000 38.59 $154,364 3.38% 300347_C2 Hangzhou Tigermed Health Care Stock CN CNY 4,500 29.90 $134,547 2.94% 1299_HK AIA Group Financials Stock HK HKD 10,800 12.43 $134,230 2.94% 000858_C2 Wuliangye Yibin Consumer Staples Stock CN CNY 2,900 46.08 $133,629 2.92% 6415_TT Silergy Information Technology Stock TW TWD 850 136.03 $115,621 2.53% 9999_HK NetEase Communication Services Stock CN HKD 4,900 23.07 $113,041 2.47% 1093_HK CSPC Pharmaceutical Group Health Care Stock CN HKD 78,000 1.45 $112,921 2.47% 9618_HK JD.com Consumer Discretionary Stock CN HKD 2,750 39.86 $109,624 2.40% 696_HK TravelSky Information Technology Stock CN HKD 50,000 2.16 $107,930 2.36% 002352_C2 SF Holding Industrials Stock CN CNY 10,300 10.47 $107,828 2.36% 2313_HK Shenzhou Consumer Discretionary Stock CN HKD 4,200 25.26 $106,084 2.32% 6098_HK Services Industrials Stock CN HKD 9,000 10.81 $97,259 2.13% 000333_C2 Midea Group (China A) Consumer Discretionary Stock CN CNY 8,800 11.05 $97,211 2.13% 9888_HK Baidu Communication Services Stock CN HKD 3,708 25.68 $95,230 2.08% 1882_HK Haitian International Industrials Stock CN HKD 28,020 3.36 $94,010 2.06% 300124_C2 Shenzhen Inovance Technology (China A) Industrials Stock CN CNY 7,400 11.49 $85,034 1.86% 000651_C2 Gree Electric Consumer Discretionary Stock CN CNY 9,800 8.06 $78,962 1.73% 600276_C1 Jiangsu Hengrui Medicine Health Care Stock CN CNY 7,440 10.51 $78,203 1.71% 2688_HK ENN Energy Utilities Stock CN HKD 4,000 19.04 $76,146 1.67% 002050_C2 Sanhua Industrials Stock CN CNY 19,300 3.71 $71,578 1.57% 002690_C2 Meyer Optoelectronic Industrials Stock CN CNY 8,000 8.62 $68,978 1.51%

The security weights above are calculated as a percentage of the fund’s net assets. Disclosure: Mention of a specific security should not be considered a Page 1 of 2 recommendation to buy or a solicitation to sell that security. Holdings listed are as of the date of publication and are subject to change. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or visit www.amgfunds.com to download a free prospectus. Read it carefully before investing or sending money. The Harding Loevner Funds are distributed by Quasar Distributors, LLC. Harding Loevner Chinese Equity Portfolio - Portfolio Holdings as of June 30, 2021

Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund 002572_C2 Suofeiya Consumer Discretionary Stock CN CNY 18,100 3.74 $67,769 1.48% 603288_C1 Foshan Haitian Consumer Staples Stock CN CNY 3,190 19.94 $63,614 1.39% 9961_HK Trip.com Consumer Discretionary Stock CN HKD 1,646 35.55 $58,512 1.28% 300454_C2 Sangfor Information Technology Stock CN CNY 1,429 40.14 $57,361 1.25% 600588_C1 Yonyou Network Technology Information Technology Stock CN CNY 10,500 5.14 $54,013 1.18% 600887_C1 Inner Mongolia Yili Industrial Consumer Staples Stock CN CNY 9,400 5.70 $53,540 1.17% 600009_C1 Shanghai International Airport Industrials Stock CN CNY 7,000 7.44 $52,095 1.14% 9901_HK New Oriental Education Consumer Discretionary Stock CN HKD 4,743 8.18 $38,817 0.85% 2318_HK Financials Stock CN HKD 3,500 9.76 $34,170 0.75% Cash Cash Currency 0 $152,913 3.34%

The security weights above are calculated as a percentage of the fund’s net assets. Disclosure: Mention of a specific security should not be considered a Page 2 of 2 recommendation to buy or a solicitation to sell that security. Holdings listed are as of the date of publication and are subject to change. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or visit www.amgfunds.com to download a free prospectus. Read it carefully before investing or sending money. The Harding Loevner Funds are distributed by Quasar Distributors, LLC.