Harding Loevner believes that shares of their high quality, growing companies, purchased at reasonable prices, will provide superior risk-adjusted returns over the long term. Following this philosophy, the firm has defined four quality growth criteria that a company must exhibit before it will be considered for investment: Competitive Advantage: a strong position within an industry with favorable global competitive structure, as manifested by high and/or improving margins. Financial Strength: business-appropriate balance sheet and borrowing capacity availability, internal free cash flow generation capability. Quality Management: track record of successful management with a clearly articulated business strategy and a consistent regard for shareholders. Sustainable Growth: prospective growth of revenues, earnings, and cash flows. Strategies Jump to one of the strategies by clicking on the links below Global Equity ADR International Equity ADR Harding Loevner Global Equity ADR Strategy Harding Loevner manages global and non-U.S. equity portfolios following a consistent philosophy focused on long-term investment in growing companies with high-quality fundamentals. The Firm believes diversified portfolios of the stocks of companies meeting its quality-growth criteria, purchased at reasonable prices, offer superior risk-adjusted returns over the long term. The strategy may be appropriate for your overall investment allocation if you are looking to gain exposure to global equity investments. Harding Loevner monitors and manages risk at the security, portfolio, and enterprise levels. The Firm’s extensive experience and structured research process has led to consistent execution of the high quality, growth investment philosophy. Fact Sheet Presentation Harding Loevner International Equity ADR Strategy Harding Loevner manages global and non-U.S. equity portfolios following a consistent philosophy focused on long-term investment in growing companies with high-quality fundamentals. The Firm believes diversified portfolios of the stocks of companies meeting its quality-growth criteria, purchased at reasonable prices, offer superior risk-adjusted returns over the long term. The strategy may be appropriate for your overall investment allocation if you are looking to gain exposure to non-US investments that are buy-rated by the Harding Loevner analysts. Harding Loevner monitors and manages risk at the security, portfolio, and enterprise levels. The Firm’s extensive experience and structured research process has led to consistent execution of the high quality, growth investment philosophy. Fact Sheet Presentation Next Steps Give Us a Call Talk to one of our AMG representatives about our available strategies. Advisor Line: 800.368.4410 Send Us an Email Send us your questions and we’ll be happy to answer! clientservices@amg.com There is no guarantee that these investment strategies will work under all market conditions, and each investor should evaluate their ability to invest for a long term, especially during periods of downturns in the market. Any sectors, industries, or accounts discussed should not be perceived as investment recommendations. The views expressed represent the opinions of AMG Funds LLC and are not intended as a forecast or guarantee of future results. This is for informational purposes only and should not be considered tax advice. Please consult your tax advisor concerning your particular situtation. AMG Funds LLC is a subsidiary and U.S distribution arm of Affiliated Managers Group, Inc. (NYSE: AMG).