11.   Investors have a way of warming to popular fund categories just as those fund groups are preparing to disappoint, according to a Morningstar Inc. study.

12.   Lately, popular fund categories have included those that promise more measured returns by using arbitrage or strategies that have an equitable balance of short and long bets.

13.   Melissa Brown, quantitative analyst at Prudential Securities, said she was not yet worried by the trickle of money exiting certain fund categories.

14.   Nearly all fund categories suffered losses from January to June as stock prices tumbled, interest rates shot up and the dollar weakened.

15.   Robertson Stephens Value and Growth, FPA Capital, Parnassus and the Clover Capital Equity Value Fund fall into various fund categories and invest in very different companies.

16.   The emerging markets and specialized international funds categories are among the smaller peer groups in the industry, too.

17.   The short-term bond fund category has been tarnished this year as a dozen funds suffered big losses because of bad bets on risky mortgage derivatives.

18.   The two fund categories that you might focus upon at that point are international and small-cap funds.

19.   The trio leans heavily on investments in small-company stocks, though Lipper Analytical puts them in three separate fund categories.

20.   They say the exchange funds are beginning to erode the market share of traditional index funds, among the fastest-growing fund categories.