Morningstar Magazine - October/November 2017 - 6

Contributors

Magazine

Leo Acheson

Luba Lukova

A senior analyst with Morningstar Research
Services' manager research team, Leo Acheson
analyzes investment strategies and the
ways they are packaged for individual investors.
Acheson covers multiasset strategies from
firms including JPMorgan, GMO, T. Rowe Price,
and Voya. He also leads Morningstar's 529
college-savings plan research. This issue's
Spotlight section showcases Acheson's latest
effort: Morningstar's first study evaluating health
savings account plans. "HSAs are increasingly
popular, but investors have few resources
for navigating the hundreds of plans available,"
he says. "Our study establishes metrics that
investors should consider when choosing an HSA."
In "Room for Improvement" (Page 38), Acheson
and his colleagues evaluate 10 of the largest
HSA plan providers as both vehicles for covering
current medical costs and ways to invest
for the future. As is often the case when it comes
to saving and investing, costs prove to be
key. Acheson emphasizes that participants using
HSAs to save for future medical expenses
"should seek plans that offer a menu of cheap,
high-quality funds."

This issue's cover illustrator, Luba Lukova,
is a New York-based artist and designer known
for distinctive and expressive posters that
portray social commentary. "When art director
Alex Skoirchet first showed me layouts of
previous issues of Morningstar, I loved the clean,
elegant design, and I had a good feeling
that our collaboration would go well," Lukova says.
"As an artist and designer, I always look for concise
images that have humanistic elements and
reveal concepts in an accessible and memorable
way. The cover image depicts the complex
issues of health savings accounts; it shows the
intertwined hands of a healthcare provider
and a person saving for their healthcare. My idea
was to show that we are all interdependent
when it comes to healthcare." Lukova's work has
been exhibited in museums around the world,
including the Museum of Modern Art in New
York; UNESCO in Paris; DDD Gallery, Osaka, Japan;
the Art Institute of Boston; and most recently,
the Museum of Design in Atlanta.

Editor-in-Chief Jerry Kerns
Managing Editor Laura Lallos
Editorial Board David Blanchett, Andrew Carter, Elizabeth Collins, Lee
Davidson, Adam Fleck, Sylvester Flood, Jon Hale, Michael Holt, Thomas
Idzorek, Ben Johnson, Paul D. Kaplan, Haywood Kelly, Dan Kemp,
Grant Kennaway, Laura Lutton, Alex Morozov, Daniel Needham, Don
Phillips, Jeffrey Ptak, Hal Ratner, Tricia Rothschild, Anthony Serhan,
Christopher Traulsen
Contributors Leo Acheson, Zain Akbari, Valerio Baselli, Christine Benz,
Alex Bryan, Jeffrey Bunce, Dan Culloton, Christopher Davis, Glenn
Freeman, Seth Goldstein, David Holder, Roger G. Ibbotson, Alina Lamy,
Heather Larsen, Alec Lucas, Doug Marrow, Kevin McDevitt, Travis Miller,
Brian Moriarty, Rodney Nelson, Ilana Polyak, Luke Raftis, John
Rekenthaler, Carl Richards, Sheryl Rowling, David Silver, Miriam Sjoblom,
Jake Spiegel, Philip U. Straehl, Debbie S. Wang, Ralph Wanger, Greggory
Warren, Natalia Wolfstetter
Art Director Alex Skoirchet
Designers Zach Sherwood, Paul Zdon
Illustrator Luba Lukova
Photographers Colin Conces, Matthew Gilson, John Haynes,
Matthew Johnson, Christopher Lane, Kim Raff
Publisher Leslie Marshall
Design Directors Jason Ackley, Renee Benz
Director of Advertising Sales Mary Uribe
Regional Sales Directors Dan Atkinson, Tony Lignelli, Stuart Roge
Morningstar, Inc.
CEO Kunal Kapoor
Managing Director, Design David Williams
Chief Marketing Officer Rob Pinkerton
Head of Brand Kristin Mateja
How to Reach Morningstar Magazine
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Editorial and Letters to the Editor magazine_editor@morningstar.com
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How to Reach Morningstar
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Data Questions +1 312 696-6600
Morningstar magazine is published bimonthly by Morningstar, Inc.,
22 W. Washington St., Chicago, IL 60602. An annual subscription
for delivery in the U.S. is $60. All exhibit data in this magazine is provided
by Morningstar and Ibbotson Associates unless otherwise noted.
© 2017 Morningstar. All Rights Reserved. The information contained
herein: (1) is intended solely for informational purposes; (2) is proprietary
to Morningstar and/or its content providers; (3) may not be copied
or distributed; (4) is not warranted to be accurate, complete, or timely;
and (5) does not constitute investment advice of any kind. Neither
Morningstar nor its content providers are responsible for any damages
or losses arising from any use of this information. Past performance
is no guarantee of future results. "Morningstar" and the Morningstar logo
are registered marks of Morningstar, Inc.
Disclosure Morningstar licenses its indexes to certain providers,
including BlackRock Institutional Trust Company, N.A., First Trust, and
Deutsche Bank, for use in exchange-traded funds and exchange-traded
notes. These ETFs and ETNs are not sponsored, endorsed, issued,
or sold by Morningstar. Morningstar does not make any representation
regarding the advisability of investing in ETFs and ETNs that are
based on Morningstar indexes.

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Morningstar October/November 2017


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Table of Contents for the Digital Edition of Morningstar Magazine - October/November 2017

Contents
Morningstar Magazine - October/November 2017 - Cover1
Morningstar Magazine - October/November 2017 - Cover2
Morningstar Magazine - October/November 2017 - 1
Morningstar Magazine - October/November 2017 - 2
Morningstar Magazine - October/November 2017 - Contents
Morningstar Magazine - October/November 2017 - 4
Morningstar Magazine - October/November 2017 - 5
Morningstar Magazine - October/November 2017 - 6
Morningstar Magazine - October/November 2017 - 7
Morningstar Magazine - October/November 2017 - 8
Morningstar Magazine - October/November 2017 - 9
Morningstar Magazine - October/November 2017 - 10
Morningstar Magazine - October/November 2017 - 11
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Morningstar Magazine - October/November 2017 - 28
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