Harding Loevner launches LOEV, first active ETF

On July 20, 2026 Harding Loevner introduced the Harding Loevner International Developed Markets Select Equity ETF (LOEV), its first actively managed exchange-traded fund. The ETF carries a 70-basis-point expense ratio and targets companies in developed markets outside the United States.

LOEV applies Harding Loevner’s International Developed Markets Equity strategy, a strategy the firm has managed in mutual fund form since 2010. The ETF will use the same fundamental research process as the mutual fund and will deliver a concentrated portfolio through active stock selection rather than tracking a passive index.

Portfolio managers will screen companies for strong management, solid financials, above-average growth prospects, clear competitive advantages and attractive valuations. The firm plans to limit volatility by diversifying holdings across countries, currencies, industries and market capitalizations.

In a statement, Aaron Bellish, Harding Loevner’s chairman and CEO, described the ETF as “another, more tax-efficient way for clients to access our long-standing International Developed Markets Equity strategy” and added that the firm remains “committed to a vehicle-agnostic approach, focused on delivering our investment capabilities in the formats that best serve our clients.”

Ray Vars, president, emphasized the strategy’s record, stating: “Our International Developed Markets Equity strategy has delivered consistent, high-quality results for our investors for more than 15 years.” He called the ETF’s debut an “exciting milestone for the firm.”

LOEV will be available through standard brokerage platforms. The fund will compete in an established market of actively managed international ETFs, including offerings from Capital Group and T. Rowe Price that already have attracted assets. Harding Loevner presented the ETF as a tax-efficient wrapper for the same investment approach it has managed in mutual fund form since 2010.