Q3 2021 Strategies Research 50 Who Benefits From Infrastructure Plan? 57 Pros and Cons of Donor-Advised Funds 62 Do Low-Volatility Funds Deliver? Quant U 64 69 70 71 Investors A Ruler for Risk Best Ideas Manager: Bold Moves Passive: A Smoother Ride Equity: Nice Comeback Morningstar Conversation 72 78 82 Finding Value Overseas Undiscovered Manager A Clear Vision Sector Rap Bank Boom User Profile 86 Coaching Confidence Data Dashboard 88 90 94 96 Morningstar Global Market Barometer Morningstar Global Valuation Lens Morningstar Global Fund Flows Ten Questions 4