Morningstar Advisor - December/January 2012 - (Page 15)

Investors are embracing sustainability. Now advisors can, too. Introducing ESG Managers™ Portfolios • Asset allocation funds • Multi-manager approach • Powered by Morningstar Associates For the first time, advisors have access to a groundbreaking series of asset allocation funds comprised of some of the best-known managers in the field of Sustainable Investing. Featuring asset allocation, manager selection and portfolio construction by Morningstar Associates, ESG Managers™ Portfolios provide a unique, one-stop solution for advisors and their clients. As sustainability goes mainstream – and companies around the world recognize the financial advantages that may derive from superior environmental, social and governance (ESG) performance – ESG Managers™ Portfolios are designed to capture the potential investment returns associated with this global shift. For a free white paper detailing Morningstar Associates’ investment approach, visit www.esgmanagers.com/investment_approach. Strategic allocation, manager selection and portfolio construction by Morningstar Associates Investment adviser to ESG Managers™ Portfolios ESG Managers™ Portfolios are available only through registered financial advisors. You should consider ESG Managers™ Portfolios’ investment objectives, risks, and charges and expenses carefully before investing. For this and other important information, please obtain a fund prospectus by calling 877.374.7678 or online at www.esgmanagers.com. Please read it carefully before investing. Copyright © 2010 Pax World Management LLC. All rights reserved. Distributed by ALPS Distributors, Inc. Pax World Management LLC is the investment adviser to the ESG Managers™ Portfolios. Morningstar Associates, LLC, a registered investment advisor and wholly owned subsidiary of Morningstar, Inc., serves as portfolio construction adviser to the ESG Managers™ Portfolios responsible for manager selection, asset allocation, portfolio construction and monitoring, but does not serve in the capacity of investment advisor to individual investors. The Morningstar name and logo are the property of Morningstar, Inc. Morningstar is not affiliated with Pax World Management LLC. ALPS Distributors, Inc. is not affiliated with Morningstar Associates, LLC. ESG Managers™ Portfolios are multi-manager funds, which are a mix of underlying Sleeve Subadviser portfolios. The Funds’ allocations may change due to market fluctuations and other factors. The ESG Managers™ Portfolios’ sustainable investing policies may inhibit the Portfolios’ ability to participate in certain attractive investment opportunities that otherwise would be consistent with their investment objectives and other principal investment strategies. ESG Managers™ Portfolios’ are new and have limited operating history. http://www.esgmanagers.com/investment_approach http://www.esgmanagers.com/investment_approach http://www.esgmanagers.com

Table of Contents for the Digital Edition of Morningstar Advisor - December/January 2012

Morningstar Advisor - December/January 2012
Contents
Contributors
Letter From the Editor
Seduced by Complexity
Is China Exposure Important for a Portfolio?
A Niche Built on Trust
How to Find Your Client’s Investment Style
Taking the Long View
Consensus on Europe Elusive
Four Picks for the Present
Investment Briefs
Is Perception Reality for Active Managers?
Be Alert for Basic-Materials Bargains
Investment Boom Unsustainable
Digging Moats in China
Where China’s Domestic Companies Stand to Benefit
Arising Opportunities
China Strong Long Term
From Currency Manipulation to International Acceptance
The Keys to China’s Fortune
Wedgewood’s Lessons Pay Off
Reading the Evidence on Indexing
Scouting for Investments Abroad
Yield, Please (Hold the Europe)
Mutual Fund Analyst Picks
50 Most Popular ETFs
Undervalued Stocks With Wide Moats
China Fund Managers Eat Elsewhere

Morningstar Advisor - December/January 2012