August/September 2017 Strategies Research 36 Mind the Gap, Global Edition 40 Tax Wise 20 IRA Mistakes to Avoid 43 The Inefficient Frontier 46 Fee Study: Great Migration 50 Manager: A Global Success Passive: Emerging-Markets Edge Equity: Bumpy Travel Ahead Quant U Investment Research Best Ideas 52 54 Investors Morningstar Conversation 56 Moats in Practice 62 A Happy Medium 66 69 Opportunities in Immuno-Oncology Sector Snapshot: Pharmaceuticals 70 Re-Energized by Sustainability Undiscovered Manager Sector Rap User Profile Data Dashboard 78 Morningstar Global Market Barometer Morningstar Global Valuation Lens Morningstar Global Fund Flows 80 Ten Questions 72 74 4