March 31, 2016 Symbol: HLEMX Expense Ratio: 1.45% 877-435-8105Harding Loevner Emerging Markets invests in firms in emerging markets nations and is a member of the Kiplinger 25, our favorite no-load mutual funds. Falling commodity prices and a strong dollar have hurt emerging-markets stocks. The fund’s managers say that these are cyclical problems, not structural issues that undermine the long-term case for emerging markets. See FUND TABLES: Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds. Visit Kiplinger's Model Portfolios for three examples of how you can put Kiplinger 25 funds to work. And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.