Morningstar Advisor - April/May 2009 - 1

Tax-inefficient funds better suited in a flat-fee VA: Bonds Emerging Markets Bonds PIMCO VIT Emerging Mkts Bond High Yield Bonds AIM V.I. High Yield DireXion Dyn VP HY Bnd Fed. High Income Bond Legg Mason PV Global Hi Yld Bnd Lehman Brothers High Income Bond Lord Abbett Bond Debenture PIMCO VIT High Yield Pioneer Global High Yield Pioneer High Yield Inflation Protected Bonds Amer. Cent. VP Inflation Protect PIMCO VIT Real Return Intermediate Government Bonds AIM V.I. Government Securities Intermediate Government Bonds AIM V.I. Government Securities Nationwide Bond Index PIMCO VIT Total Return Pioneer Bond Fund Vanguard Total Bond Market Long Government Bonds PIMCO VIT Long-Term U.S. Gov't Rydex Gov Long Bond 1.2x Strategy Long Government Bonds JNF Loomis Sayles Bond gg Legg Mason PV Strategic Bond I Pioneer Strategic Income Bonds Short-Term Bonds Lehman Brothers Short Duration Bond PIMCO VIT Low Duration Portfolio T. Rowe Price Limited-Term Bond Vanguard Short-Term Investment Grade Ultrashort Bonds PIMCO VIT Short-Term World Bonds PIMCO VIT Foreign Bond PIMCO VIT Global Bond Rydex Strength Dollar 2x Strategy Van Eck Worldwide Bond Commodities Funds PIMCO VIT CommodityRealReturn Rydex VT Commodities Strategy Real Estate Funds PIMCO VIT Foreign Bond PIMCO VIT Global Bond Rydex Strength Dollar 2x Strategy Van Eck Worldwide Bond Money Market JNF Money Market Rydex U.S. Gov't Money Market Conservative Allocation Funds Federated Mkt. Opport. Fund Ibbotson Conservat. ETF Allocation Ibbotson Incm&Grth ETF Allocation Rydex VT EP Conservative Actively-Traded Strategies Any portfolio that is actively traded To learn more, call our Advisor Support Desk at 1-800-WHY-FLAT. Or visit www.jeffnat.com. death benefit is available for an additional fee. Please see prospectus for details. 2 The IRS may charge a 10% tax penalty on any withdrawal made before age 59½. Monument Advisor is issued by Jefferson National Life Insurance Company (Dallas, TX) and is distributed by Jefferson National Securities Corporation, FINRA member. Monument Advisor is available by prospectus only. Policy series 2300-1, 2300-2. FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC USE.
http://www.jeffnat.com http://www.jeffnat.com

Morningstar Advisor - April/May 2009

Table of Contents for the Digital Edition of Morningstar Advisor - April/May 2009

Morningstar Advisor - April/May 2009
Contents
New on MorningstarAdvisor.com
Letter from the Editor
Contributors
Did Diversification Fail Investors?
Accounting for His Success
The Classics
Investment Briefs
A Multiple-Lens Approach to Analysis
Where Leverage Lurks
Guide to Finding Hidden Risks
How Leveraged ETFs Compound the Misery
Get Rid of the Dead Weight
Grounded Manager
Investors Should Mind Their Tails
Four Picks for the Present
The Future of Big Pharma
Yield Your Clients Can Use
Wide Moats, Good Stewardship: A Potent Bear-Market Combination
Mutual Fund Analyst Picks
50 Most Popular Equity ETFs
Undervalued Stocks
New at Morningstar
To Beat the Devil
Morningstar Advisor - April/May 2009 - Intro
Morningstar Advisor - April/May 2009 - Morningstar Advisor - April/May 2009
Morningstar Advisor - April/May 2009 - Cover2
Morningstar Advisor - April/May 2009 - 1
Morningstar Advisor - April/May 2009 - 2
Morningstar Advisor - April/May 2009 - Contents
Morningstar Advisor - April/May 2009 - 4
Morningstar Advisor - April/May 2009 - 5
Morningstar Advisor - April/May 2009 - New on MorningstarAdvisor.com
Morningstar Advisor - April/May 2009 - 7
Morningstar Advisor - April/May 2009 - 8
Morningstar Advisor - April/May 2009 - Letter from the Editor
Morningstar Advisor - April/May 2009 - Contributors
Morningstar Advisor - April/May 2009 - 11
Morningstar Advisor - April/May 2009 - Did Diversification Fail Investors?
Morningstar Advisor - April/May 2009 - 13
Morningstar Advisor - April/May 2009 - Accounting for His Success
Morningstar Advisor - April/May 2009 - 15
Morningstar Advisor - April/May 2009 - 16
Morningstar Advisor - April/May 2009 - The Classics
Morningstar Advisor - April/May 2009 - 18
Morningstar Advisor - April/May 2009 - 19
Morningstar Advisor - April/May 2009 - Investment Briefs
Morningstar Advisor - April/May 2009 - 21
Morningstar Advisor - April/May 2009 - 22
Morningstar Advisor - April/May 2009 - 23
Morningstar Advisor - April/May 2009 - 24
Morningstar Advisor - April/May 2009 - A Multiple-Lens Approach to Analysis
Morningstar Advisor - April/May 2009 - 26
Morningstar Advisor - April/May 2009 - 27
Morningstar Advisor - April/May 2009 - 28
Morningstar Advisor - April/May 2009 - 29
Morningstar Advisor - April/May 2009 - 30
Morningstar Advisor - April/May 2009 - 31
Morningstar Advisor - April/May 2009 - Where Leverage Lurks
Morningstar Advisor - April/May 2009 - 33
Morningstar Advisor - April/May 2009 - 34
Morningstar Advisor - April/May 2009 - 35
Morningstar Advisor - April/May 2009 - Guide to Finding Hidden Risks
Morningstar Advisor - April/May 2009 - 37
Morningstar Advisor - April/May 2009 - 38
Morningstar Advisor - April/May 2009 - 39
Morningstar Advisor - April/May 2009 - How Leveraged ETFs Compound the Misery
Morningstar Advisor - April/May 2009 - 41
Morningstar Advisor - April/May 2009 - Get Rid of the Dead Weight
Morningstar Advisor - April/May 2009 - 43
Morningstar Advisor - April/May 2009 - 44
Morningstar Advisor - April/May 2009 - 45
Morningstar Advisor - April/May 2009 - 46
Morningstar Advisor - April/May 2009 - 47
Morningstar Advisor - April/May 2009 - 48
Morningstar Advisor - April/May 2009 - 49
Morningstar Advisor - April/May 2009 - Grounded Manager
Morningstar Advisor - April/May 2009 - 51
Morningstar Advisor - April/May 2009 - 52
Morningstar Advisor - April/May 2009 - 53
Morningstar Advisor - April/May 2009 - Investors Should Mind Their Tails
Morningstar Advisor - April/May 2009 - 55
Morningstar Advisor - April/May 2009 - 56
Morningstar Advisor - April/May 2009 - 57
Morningstar Advisor - April/May 2009 - Four Picks for the Present
Morningstar Advisor - April/May 2009 - 59
Morningstar Advisor - April/May 2009 - 60
Morningstar Advisor - April/May 2009 - The Future of Big Pharma
Morningstar Advisor - April/May 2009 - 62
Morningstar Advisor - April/May 2009 - 63
Morningstar Advisor - April/May 2009 - Yield Your Clients Can Use
Morningstar Advisor - April/May 2009 - 65
Morningstar Advisor - April/May 2009 - Wide Moats, Good Stewardship: A Potent Bear-Market Combination
Morningstar Advisor - April/May 2009 - 67
Morningstar Advisor - April/May 2009 - Mutual Fund Analyst Picks
Morningstar Advisor - April/May 2009 - 69
Morningstar Advisor - April/May 2009 - 70
Morningstar Advisor - April/May 2009 - 71
Morningstar Advisor - April/May 2009 - 50 Most Popular Equity ETFs
Morningstar Advisor - April/May 2009 - 73
Morningstar Advisor - April/May 2009 - Undervalued Stocks
Morningstar Advisor - April/May 2009 - 75
Morningstar Advisor - April/May 2009 - 76
Morningstar Advisor - April/May 2009 - 77
Morningstar Advisor - April/May 2009 - 78
Morningstar Advisor - April/May 2009 - New at Morningstar
Morningstar Advisor - April/May 2009 - To Beat the Devil
Morningstar Advisor - April/May 2009 - Cover3
Morningstar Advisor - April/May 2009 - Cover4
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