American Funds' Growth Fund of America has achieved what no other fund has accomplished before: cross the $200-billion mark. The Wall Street Journal's Diya Gullapalli wrote over the weekend about this feat and the challenges faced by American Funds in dealing with the growth. Officials at American Funds say the fund will avoid the problems that confronted another jumbo fund, Fidelity's Magellan, which had $110 billion in 2000, because the fund is constructed differently.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE