<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Harding Loevner
financial statements at October 31, 2000
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> Emerging Markets Portfolio
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 2,379,255
<INVESTMENTS-AT-VALUE> 2,573,153
<RECEIVABLES> 5,903
<ASSETS-OTHER> 6,762
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,585,818
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11,189
<TOTAL-LIABILITIES> 11,189
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,186,138
<SHARES-COMMON-STOCK> 172,892
<SHARES-COMMON-PRIOR> 112,117
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 1,400
<ACCUMULATED-NET-GAINS> 195,957
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 193,934
<NET-ASSETS> 2,574,629
<DIVIDEND-INCOME> 29,652
<INTEREST-INCOME> 4,868
<OTHER-INCOME> 0
<EXPENSES-NET> 44,408
<NET-INVESTMENT-INCOME> (9,888)
<REALIZED-GAINS-CURRENT> 201,382
<APPREC-INCREASE-CURRENT> (154,375)
<NET-CHANGE-FROM-OPS> 37,119
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 59,290
<DISTRIBUTIONS-OTHER> 2,900
<NUMBER-OF-SHARES-SOLD> 57,205
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 3,570
<NET-CHANGE-IN-ASSETS> 1,040,710
<ACCUMULATED-NII-PRIOR> 1,466
<ACCUMULATED-GAINS-PRIOR> 59,289
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 31,634
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 71,786
<AVERAGE-NET-ASSETS> 2,533,531
<PER-SHARE-NAV-BEGIN> 13.68
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> 1.79
<PER-SHARE-DIVIDEND> 0.02
<PER-SHARE-DISTRIBUTIONS> 0.51
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.89
<EXPENSE-RATIO> 1.75
</TABLE>
