Today's Wall Street Journal's Fund Fiend column highlights the trend towards investors shelving managed mutual funds and replacing them with index-based strategies, especially exchange-traded funds. (The column is part of the Journal's monthly "Investing in Funds" special report section.)

Funds feeling the investors' cold shoulders include Fidelity Growth Company [see profile], which has reportedly beaten the Standard & Poor's 500-stock index by an average 4.9 percentage points a year over the past three years but has seen $1.7 billion go out the door in the past year, according to Morningstar; T. Rowe Price Blue Chip Growth, [see profile]; Causeway International Value [see profile]; and American Funds [see profile], which has reportedly seen its American Funds EuroPacific Growth, beat its benchmark by 350 basis points annually over the past five years but experienced $1.4 billion in outflows. 

Edited by: Hung Tran


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