Schedule B

Fee Schedule

 

         
     
Portfolio  

Advisory Fee

(expressed as a percentage of each Portfolio’s
average daily net assets)

  

 Effective   

Date  

               
     First $1
Billion		   Next $1
Billion		   Next $1
Billion		   Over $3
Billion		   Over $4
Billion		  

 Over $5 

Billion

     
               

Harding Loevner Global Equity Portfolio

   0.70%   0.70%   0.70%   0.70%   0.70%   0.70%  

July 1, 2024 

 

               

Harding Loevner International Equity Portfolio

   0.75%   0.73%   0.71%   0.69%   0.67%   0.65%  

July 1, 2021 

 

               

Harding Loevner International Small Companies Portfolio

   0.85%   0.85%   0.85%   0.85%   0.85%   0.85%  

July 1, 2025 

 

               

Harding Loevner Institutional Emerging Markets Portfolio

   0.85%   0.85%   0.85%   0.85%   0.85%   0.85%  

July 1, 2024 

 

               

Harding Loevner Emerging Markets Portfolio

   0.85%   0.85%   0.85%   0.85%   0.85%   0.85%  

July 1, 2024 

 

               

Harding Loevner Frontier Emerging Markets Portfolio

   1.10%   1.10%   1.10%   1.10%   1.10%   1.10%  

July 1, 2025 

 

               

Harding Loevner International Developed Markets Equity Portfolio

   0.70%   0.70%   0.70%   0.70%   0.70%   0.70%  

September 28, 2022