MorningstarAdvisor
June/July 2013
Departments
6
Contributors
7
Letter From the Editor
Know-How
14
Behavior Gap
8
Not Your Values
On Topic
10
How Do You
Use Alternatives
for Clients?
Advisor Profile
12
4
30
16
Sophisticated
Strategies
for the Masses
18 Investments á la Carte
21 Investment Briefs
In Practice
24
The Percentile Trap
When researching fund
managers, put relative
performance measures in their
proper context.
Defense Firms Will
Stay Aloft
Industry faces short-term
challenges, but discipline and
strong balance sheets will
get them through.
10 Questions
Working to Build
a Niche
Carol Berger sees a need
to serve same-sex couples.
How to Put Buffett’s
Investing Philosophy
into Practice
Sector Rap
Gray Matters
63
The Price of Managing
Volatility
Do riders with volatility
controls cost VA investors
potential gains?
Screen
69
Let’s Get Back
to Basics
By the Numbers
72
Our Favorite Mutual
Funds
76
50 Most-Popular
Equity ETFs
78
Undervalued Stocks
With Wide Moats
Phillips Curve
80
Mutual Fund
Urban Myths
Table of Contents for the Digital Edition of Morningstar Advisor - June/July 2013