Morningstar. Managed PortfoliosSM. Mutual Fund Portfolios. ETF Portfolios. Select Stock Baskets

Similar documents
Morningstar Investment Services. Asset Allocation Solutions

Morningstar Investment Services Managed Portfolios

Morningstar Investment Services. Investing for You. Managed portfolios created to put your needs front and center where they belong.

Welcome! Your Guide to Morningstar Managed. Portfolios. Morningstar Investment Services

Morningstar Investment Services

WORKING TOGETHER TO BUILD STRONGER PORTFOLIOS

Morningstar OBSR Managed Portfolios

LITMAN/GREGORY. Investment Strategies

Morningstar Investment Management Manager Selection

The rewards of artful investing

PGIM INVESTMENTS. And the investment managers that make a difference. PGIM Fixed Income QMA

Invest now to help make your retirement dreams a reality

TOOL SUITE FIDUCIARY MONITORING SYSTEM AND INVESTMENT DUE DILIGENCE. Plan Sponsor Challenge: Retirement Partners

Risk averse. Patient.

Institutional Solutions. Partnering to make institutions stronger

Independent. Diligent. Proactive.

Multi Asset Managed Portfolios

EXPERTLY DESIGNED. CONTINUALLY FINE-TUNED.

Bring More to Your Clients. Active and passive investing: Uncover the power of AND

Early on, your needs were simple. The memory of

A portfolio that matches your plans.

Making decisions that will affect your life and the lives of those you care about is a deeply personal experience.

Customized Target Date Solutions

Simplify, preserve and enhance.

CIBC Smart Investment Solutions Modern portfolios made simple

UNIFI RETIREMENT advantage series

INVESTING FOR YOUR RETIREMENT. The choice is yours

INVESTING FOR YOUR FINANCIAL FUTURE

Industrial Security Integrators, Saving for retirement may be the easiest part of your day.

Investment Management. Wealth built. Wealth preserved.

MANAGED ACCOUNTS. Capital Directions. A guided approach to financial achievement

TIAA-CREF Asset Management. Discipline. Expertise. Forward thinking.

Building a bridge to the future

CHARITABLE & ENDOWMENT SERVICES

INVESTING IN YOUR FUTURE: A TIAA FINANCIAL ESSENTIALS WORKSHOP. Money at Work 1: Foundations of investing

ONEANSWER MULTI-ASSET-CLASS FUNDS GUIDE ONEANSWER A FLEXIBLE APPROACH TO INVESTING 10 AUGUST 2018

LIFETIME WEALTH PORTFOLIOS

Comprehensive plan services with an eye toward tomorrow

ANZ INVESTMENT FUNDS GUIDE A FLEXIBLE APPROACH TO INVESTING 10 AUGUST 2018 ISSUER AND MANAGER: ANZ NEW ZEALAND INVESTMENTS LIMITED

Experience MassMutual Institutional Solutions

merrill lynch wealth management the power to put plans into action

Outsourced Investment Management

RBC Managed Portfolios

For financial advisers. Bespoke discretionary service / FINANCIAL ADVISERS

Early on, your needs were simple. The memory of

Morningstar Advisor Workstation Enterprise Edition

INVESTMENT FUNDS. Your guide to getting started. Registered charity number

YOUR FAMILY INDEX NUMBER. Defining Your Future with Confidence Carson Institutional Alliance

special report 24 PROFESSIONAL PLANNER Gian Pandit and Ella Brown Photo by : Matthew Fatches,

Zacks Investment Research, Inc. 10 S. Riverside Plaza, Suite 1600 Chicago, Illinois 60606

HOW TO MAKE YOUR FIRST FUTURES TRADE

ALTERNATIVE INVESTMENT SOLUTIONS SERVE INVESTOR NEEDS AND UNCOVER A GROWTH OPPORTUNITY

Fund Scorecards FAQ Morningstar's Due Diligence Reports

Fidelity Wealth Service

Meritage Portfolios Transition report March 2018

WEALTH ADVISORY. Investor Guide. For one-on-one presentation only

Wealth Advisory Services Winning with clients

Beyond Investment Illusions.

PERSONAL WEALTH PORTFOLIOS. simplify. your life. With Investment Strategies

Getting Started with Closed-End Funds

MODEL WEALTH PORTFOLIOS. focus on. your future. LPL Financial Research

MANAGED ACCOUNTS. Portfolio Solutions. Providing the guidance and flexibility to meet your customized investing needs

Your Retirement Plan Strategy

EXPERTISE AND GUIDANCE TO SMALL-CAP COMPANIES INVESTOR RELATIONS PHOENIX NEW YORK

BUYING AND SELLING PROPERTY OVERSEAS A GUIDE TO INTERNATIONAL PAYMENTS

We re here for you every step of the way

Your invitation to TD Wealth Private Investment Advice

The Geneva Riverside Group at Morgan Stanley. James White - Cheryl Snook - Holly Cotherman

YOUR pension. investment guide. It s YOUR journey It s YOUR choice. YOUR future YOUR way. November Picture yourself at retirement

Let s make a plan. All the tools you need to offer the best solutions to your clients

Putting your clients in control of their future

YOUR PLAN. Information about your Western Pension Plan for New Members

The Morningstar Sustainable Investing Handbook

Managed Portfolios Morningstar Investment Services

MANAGER SELECT. Exclusive Strategies for Unique Goals

INVESTMENT APPROACH & PHILOSOPHY

SUNTRUST PRIVATE WEALTH MANAGEMENT SIGNATURE FINANCIAL ADVICE THAT REFLECTS YOUR INDIVIDUALITY

LGIM s investment solutions From one of the UK s largest asset managers

A winning relationship. You, your advisor, and Schwab

Plan for Your Future. Morgan Stanley Can Help You Achieve Your Financial Goals

Advice and Planning. The Value of Working with a PNC Investments Financial Advisor

Call: or Visit us at: LaughlinUSA.com

Strategies for staying on track. Prepare yourself for the journey ahead

Prudential Financial Solutions. Planning for Life with. A Unique Personal Advisory Process Designed to Help You Grow and Protect Your Wealth

The Delli Carpini Group at Morgan Stanley

MUTUAL FUND RESEARCH PROCESS

UTC Employee Savings Plan Enrollment Guide

Can American Funds Sustain Its Outperformance?

BUILDING STRONGER PORTFOLIOS WITH MULTI-ASSET SOLUTIONS

Let s make a plan All the tools you need to offer the best solutions to your clients

Long-term investment options with universal life insurance

Strategies for staying on track to your retirement

Mutual Fund Research Process

We take care of estate administration. Quickly and completely. It s all we do, every day.

Fund Solutions. The Centerpiece of Your Business-Building Strategy

Variable Universal Life Insurance. Virtus VUL. Choices, Growth Potential, Tax Advantages

Take control with Aegon Retirement Choices

Investment Process. The Filla Latzke Group at Morgan Stanley. 2 Active or Passive. 3 Navigating Today s Markets. 4 Choosing Investment Managers

Career Opportunities for Career Changers. Unconventional your career.

Investor Guide RiverSource Strategic Allocation Fund

Transcription:

Morningstar Managed PortfoliosSM Mutual Fund Portfolios ETF Portfolios Select Stock Baskets

A Team You Can Trust The Insight of Your Financial Advisor, The Strength of Morningstar At Morningstar Investment Services, we understand there is no one-size-fits-all investment or formula to secure your financial future. That s why we ve created a diverse lineup of portfolios to help you meet your goals. Whether that means investing in mutual funds, stocks, or exchange-traded funds, our strategies aren t designed to chase the latest market trends. They re designed to be part of a strategy that supports your financial well-being. We offer more than 30 investment choices that together we call Morningstar Managed Portfolios. Backed by the independent research of Morningstar, our parent company, each portfolio is built for the long term, managed with a keen eye on risk, and created to put your needs front and center, where they belong. Your financial advisor plays a vital role, meeting with you personally to understand your investment goals, and connecting you to the options that are right for you. Our investment team selects and monitors the investments in your portfolio, allowing your advisor to focus on your goals and create a holistic plan to reach them.

Mutual Fund Portfolios Your All-Access Pass to Quality Fund Managers Asset Allocation Series Comprehensive, welldiversified portfolios for all types of investors Retirement Income Series Risk-managed strategies for the stages of retirement Focused Series Targeted options designed to offer specific market exposure Before we invest in a mutual fund, we want to understand not only the funds themselves, but the people behind them. How do the fund managers make their decisions, and how can we ensure that they ll make the right ones with your money? Our investment team travels across the country to meet with every manager we consider. We don t just want to know what they ve done, we want to know who they are. The results include fund portfolios that are designed to go beyond the numbers to help meet your individual needs. Face-to-Face Investing To select a mutual fund, many investors focus on past performance, but we think historical returns are just one part of the story. After meeting personally with a mutual fund manager, our experts return to our offices to debate their ideas and dissect what their findings mean for investors like you whether you re looking for a way to grow your nest egg, save for college, or secure a steady income in retirement. We invest your money as if it were our own, and we expect the same of the fund managers we work with. That s why we seek out those who invest their own savings in the funds they oversee. We use a disciplined process to scrutinize investment performance and make sure it s in line with the strategy s goals. If a fund has been successful, we want to know the manager s vision for continuing a strong performance record. We look at the numbers how well a fund has performed, its expenses, how much money has been invested with the manager but we also seek to understand how well a fund might fit within a portfolio.

Our analysts go the distance, each traveling an average of 14,000 miles a year, meeting personally with fund managers to track down promising investment opportunities. Our investment team visits fund companies across the country Bill Harding, Director of Research, oversees our manager research and due diligence Through our contacts at fund companies, we re better able to identify talented managers and uncover new investment opportunities for your portfolio. For instance, when a respected manager leaves a post to open a new fund, we re not afraid to invest with them. When we have confidence in a manager s ability to make savvy investment decisions, we think their record can be repeated at a newer fund. Research You Can Trust We get our information from Morningstar s own unbiased research and other trusted sources, including the fund managers themselves. We are truly independent. We review all the data, and follow up by meeting one-on-one with managers and asking tough, insightful questions so we can see how a fund might perform in the future. Morningstar s trusted reputation in the industry has allowed us to create a network of fund company contacts that regularly keeps us in the loop. We not only check in with fund managers each quarter to discuss their holdings, we stay in touch as markets shift or management teams change, giving us a valuable and unique perspective on the state of the economy. We use proven research from Ibbotson Associates, a Morningstar company and leader in asset allocation research, to set appropriate risk and reward expectations for each strategy. By depicting long-term historical performance and the relationships between asset classes, we can help ensure our portfolios are allocated to meet the expectations we set for them. That prudent foundation helps limit the impact of the market s ups and downs on each portfolio.

Select Stock Baskets An Army of Stock Analysts at Work for You Strategist Series Portfolios of analyst picks based on Morningstar newsletters and indexes Custom Series Sophisticated stock strategies that can be tailored to your needs Our stock basket portfolios put sophisticated investment strategies within your reach. We take a prudent approach to stock investing, relying on Morningstar s research covering thousands of individual companies and monitoring each of our stock holdings carefully. We work with your advisor to understand your needs, and then combine our money management expertise and the research of dedicated Morningstar equity analysts to provide you with a sound, tailored stock portfolio. Customizable and Risk-Aware The Select Stock Basket portfolios are among our most versatile offerings, providing a fast and effective way to diversify your investments or craft a strategy designed just for you. Our custom options allow you to exclude certain sectors, industries, or particular stocks, and to incorporate investments you already own. Whatever you choose, we ll work with your advisor to tailor a portfolio to your needs keeping risk and tax efficiency in mind as we do. We focus on companies that we believe can maintain profitability, yet are significantly undervalued. In this way, we build in a margin of safety that helps to protect your money. We want to invest exclusively in businesses with competitive advantages we call them wide moat stocks that make it difficult for similar companies to overtake them. As longterm investors, we won t buy stock in companies we think are at risk of losing their edge. Putting Morningstar Research on Your Side To build each portfolio, we start with independent Morningstar equity research from about 100 analysts. That research is one of the largest sources for stock analysis in the world, giving us a detailed look into nearly 2,000 companies globally.

John Owens, Investment Manager, speaks with advisors about customizing client accounts Patrick Dorsey, Morningstar s Director of Equity Research, reports on trends worth watching in equity investing Morningstar stock analysts are among the industry s most well-known. They were quoted more than 5,000 times in 2010 by publications including Barron s and The Wall Street Journal. Morningstar analysts comb through everything from financial statements and conference call transcripts to forecasts of a company s future earnings to develop an estimate of a stock s fair value. That s a powerful piece of information, helping them to gauge whether a stock may be undervalued and therefore attractive to buy. Baskets of Our Best Ideas After identifying which of our strategies is the best fit, we can customize your account to reflect your particular objectives and risk tolerance. Maybe you re already heavily invested in the healthcare sector, or wish to avoid technology. Your advisor will help us understand your needs, so we can work together to refine your investment exposure to accommodate them. Based on these requests, we take a best ideas approach, selecting the 25 to 35 stocks that we think offer the most compelling opportunities. In addition to customizable portfolios, our wide range of offerings includes off-the-shelf strategies based on Morningstar s popular stock newsletters and indexes. Whatever portfolio you choose, we ll keep a close eye on it, making adjustments throughout the year to reflect changes in the market, a stock s estimated value, or your investment strategy. When we have to sell whether it s to lock in gains or weed out underperformers we aim to limit the tax consequences of our investing decisions to help save you money.

ETF Portfolios Uncovering Compelling Opportunities in the ETF Market Asset Allocation Series Cost-managed strategies to help diversify your investments Dynamic Series Against-the-grain portfolios that seek out overlooked values in the market What s behind the popularity of exchange-traded funds, or ETFs? Investors like them because they deliver many of the benefits of traditional indexed mutual funds with the trading flexibility of stocks. At Morningstar Investment Services, we take advantage of these qualities to provide unique strategies that offer both lower costs and attractive investment opportunities. Paying Yourself First When investing in ETFs, we want to maximize their key advantage: the ability to limit costs. That s why we generally seek out investments with the bare minimum in expenses for the exposure we re targeting. When we analyze an ETF, we consider the index or strategy that each follows, examining how closely a manager is able to track an ETF s benchmarks. Coverage You Can Count On We draw upon Morningstar s extensive data on almost every ETF in the world. Morningstar analysts personally evaluate more than 300 ETFs in the United States, representing over 95% of total U.S. assets under management. In short, we ve got ETFs covered. At Morningstar Investment Services, we leverage this deep pool of analysis to better understand an ETF s performance, key risks, and what type of portfolio an ETF is best suited for.

Quantitative Analyst Sam Yan reviews and validates performance figures Our ETF portfolios are built on a rich foundation of research and data that covers nearly every ETF on the market. Jeffrey Ptak, President and Chief Investment Officer of Morningstar Investment Services, directs the development of strategies, including our newest ETF portfolios. Discovering Value Our family of ETF portfolios is designed to take advantage of exciting market opportunities wherever they arise. After working with your advisor to determine which strategies best suit your needs, we invest your money in areas of the market that, in our opinion, offer the best value. In many of our ETF offerings, we use a core and explore approach to anchor each portfolio in trusted, broad-based investments that follow their benchmarks. We support that core with narrower explore positions to highlight a certain industry, investment style, or region of the world. For instance, we might take an explore position in an ETF that tracks in energy stocks if those stocks appear to be trading at a discount to what we think they re worth. These flexible holdings, based on Morningstar analysts convictions, are designed to give your portfolio an advantage. We then monitor and manage each account to ensure that it stays aligned with its objectives, while remaining nimble enough to take advantage of market opportunities as they arise. In other ETF portfolios, we take a contrarian approach, which puts all the focus on value by investing in the most unloved segments of the market. When others are fearful, we stick to our guns, trusting our research, experience, and methodologies. We seek out ETFs that have been less popular in recent years to help find investments with the best potential for returns. This strategy helps diversify your overall portfolio and put your money in investments that many investors may miss.

Building Your Investment Plan Working with Your Advisor and Morningstar Investment Services Less Paperwork, More Communication We ll send the information that matters to you, including clear, candid commentary and portfolio updates. Access Anytime Log in to our web site to get up-to-date information when you want it, including balances, transactions, and current holdings. At Morningstar Investment Services, we deliver the attention and support that you and your advisor need to provide a sound plan that s built around you and stays that way. Talk to Your Advisor Interested in learning more about how to make Morningstar Investment Services part of your investment planning? Contact your advisor to take the next steps. First, you ll be asked to complete a questionnaire to help us identify the appropriate investment strategy for you, taking your goals, overall financial picture, and investing expectations into account. From there, your advisor will create a proposal based on your answers, helping you identify the mutual fund, stock, or ETF portfolios that best fit your needs. Invest with Morningstar Investment Services Once your plan is in place, your advisor will work with you to chart your progress toward your goals over time, making sure your portfolio changes as you do. Along the way, we ll keep you well-informed with online access to your account information, plus comprehensive performance reports and insightful updates from our investment team each quarter.

It is important to note that investments in securities (e.g., mutual funds, exchange-traded funds, common stocks) involve risk and will not always be profitable. Morningstar Investment Services does not guarantee that the results of its advice, recommendations, or the objectives of your portfolio will be achieved. Morningstar Investment Services does not guarantee that negative returns can or will be avoided in any of its portfolios. An investment made in a security may differ substantially from its historical performance and as a result, you may incur a loss. Past performance is no guarantee of future results. Morningstar, Inc. our parent company is referred to as Morningstar or Morningstar, Inc. Morningstar Investment Services, Inc., is referred to as Morningstar Investment Services. 2011 Morningstar Investment Services, Inc. All rights reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar Managed Portfolios is offered by Morningstar Investment Services, Inc., a registered investment advisor and wholly owned subsidiary of Morningstar, Inc., and is intended for citizens or legal residents of the United States or its territories. This program can only be offered by a registered investment advisor or investment advisor representative. Morningstar Investment Services, Inc. 22 West Washington Street Chicago Illinois 60602 USA +1 877 626-3227 global.morningstar.com/mis mis@morningstar.com