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Growth Fund of America Gains $30 Billion in 2004,


Growth Fund of America, the flagship investment fund at Capital Research Group, gained $30 billion of new assets last year to become the largest actively traded U.S. stock fund. The $95 billion fund, which trades in 14 share classes, is second in terms of assets under management among U.S. equity funds to Vanguard's $107 billion Vanguard 500 Index Fund.

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