Q2 2020 Strategies Research 57 Avoid Trading ETFs in Turbulent Times Bond Funds Bent, but Most Did Not Break How Does Investing in ESG Affect Returns? 63 A Better Retirement Spending Rule for Everyone 69 Manager: Now Open to New Investors Passive: A Good Way to Own Value Giants Equity: An Enviable Portfolio 48 53 Quant U Best Ideas 70 71 Investors Morningstar Conversation 72 Doing Better 78 The Proof Is in the Performance 82 Moats, Motors, and Markets 86 School Reform Undiscovered Manager Sector Rap User Profile Data Dashboard 94 Morningstar Global Market Barometer Morningstar Global Valuation Lens Morningstar Global Fund Flows 96 Ten Questions 88 90 4