MorningstarAdvisor
February/March 2012
Departments
6 7
Contributors Letter From the Editor Behavior Gap 16
10 Questions
Sector Rap 32
Screens 68
Past, Present, Future
Talking Points
Specialty Retail: Ad Hoc Opportunity
Each specialty retail segment is not like the others; our analysts have scoured the industry’s credit offerings to find the best deals. Gray Matters
Safety Picks for the Many Moods of Mr. Market On the Prowl for LargeBlend Index-Beaters
By the Numbers
8
Make a Difference With Stories, Not Debates
On Topic
18
Have Financials Gotten Cheap Enough?
Investments á la Carte
70
10
How Concerned Are You About Europe?
Advisor Profile
20
Four Picks for the Present
72
60
12
Analytical and Independent
Jerry Slusiewicz depends on his own analysis and riskmanagement philosophy to keep client portfolios in order. Know-How
24 Investment Briefs In Practice 28
How Index Trading Increases Market Vulnerability
The rise of passive investment strategies may play a role in the market’s increasing fragility.
Our Favorite Mutual Funds 50 Most Popular ETFs Undervalued Stocks With Wide Moats
Phillips Curve
76 78
Tactical Funds Miss Their Chance
“Tactical allocation” funds have been attracting assets, but our updated study finds that performance leaves much to be desired.
65
Nonlisted REITS: Handle With Care
When listed REITs offer so many benefits, it’s hard to go nonlisted, for now.
80
The Math That Matters
14
What to Ask When a Fund Manager Leaves
4
Table of Contents for the Digital Edition of Morningstar Advisor - February/March 2012