Morningstar Advisor - Spring 2007 - (Page 15)

These bright stars from Dreyfus can help your client’s portfolio shine. DREYFUS FOUNDERS MID-CAP GROWTH FUND DREYFUS PREMIER GREATER CHINA FUND ##### #### Morningstar Overall Rating™ for Class A shares as of 2/28/07. Ratings reflect risk-adjusted performance and are derived from a weighted average of the fund’s 3-, 5- and 10-year (as applicable) Ratings. The fund received 5 stars for the 3- and 5-year periods among 834 and 678 funds, respectively, in the Morningstar MidCap Growth Funds category.* I Morningstar Overall Rating™ for Class A shares as of 2/28/07. Ratings reflect risk-adjusted performance and are derived from a weighted average of the fund’s 3-, 5- and 10-year (as applicable) Ratings. The fund received 3 and 4 stars for the 3- and 5year periods, respectively, among 86 and 78 funds, respectively, in the Morningstar Pacific/Asia ex-Japan Stock Funds category.* I Searches for medium-size companies with favorable growth prospects Uses a bottom-up approach supplemented by a top-down analysis of macro-economic factors and a strict sell discipline Sub-advised by the Hong Kong-based Hamon U.S. Investment Advisors Ltd. Outperformance goal is pursued by nonbenchmark investment style and tactical market and sector allocation I I Each fund’s Morningstar Rating reflects past performance of the fund, which is no guarantee of future results. Share price and investment return fluctuate and an investor’s shares may be worth more or less than original cost upon redemption. Go to Dreyfus.com for each fund’s most recent month-end returns. Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. Call Dreyfus to obtain a prospectus that contains this and other information about the fund, and read it carefully before investing. A significant portion of the Greater China Fund’s performance is attributable to positive returns from IPO investments. There can be no guarantee that IPOs will have or continue to have a positive effect on the fund’s performance. IPOs tend to have a reduced effect on performance as a fund’s asset base grows. Equity funds are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund’s prospectus. Small and mid-cap companies involve greater risks because their earnings and revenues tend to be less predictable, and the trading markets for their securities may be less liquid and more volatile, than those of larger companies. Investing internationally involves special risks, including changes in currency exchange rates, political, economic and social instability, a lack of comprehensive company information, differing auditing and legal standards and less market liquidity. These risks generally are greater with emerging market countries such as those in the Greater China region. The stock markets of the Greater China region have experienced significant volatility. The Greater China Fund’s regional concentration may cause its performance to be more volatile than that of a globally diversified fund. *Source: Morningstar, Inc. The Ratings formula measures the amount of variation in a fund’s performance and gives more emphasis to downward variations. Ratings are subject to change every month. The top 10% of the funds in the category receive 5 stars; the next 22.5% 4 stars; the next 35% 3 stars; the next 22.5% 2 stars; and the last 10% 1 star. Dreyfus.com | 1-800-334-6899 © 2007 Dreyfus Service Corporation, Distributor http://Dreyfus.com http://Dreyfus.com http://Dreyfus.com

Table of Contents Feed for the Digital Edition of Morningstar Advisor - Spring 2007

Morningstar Advisor Spring 2007 Features Departments Letter from Joe Mansueto Get to Know Morningstar’s Fund Managers of the Year Is Your Client a Stock or a Bond? Less Alpha, More Beta Than Meets the Eye Your Mileage May Vary A Clear-Eyed Look at Hedge Funds Lower Risk, Higher Returns, What’s Not to Like? Without Cash and Clout, Advisors and Clients Get Short End of Stick Get the Strategy Minus the Headaches Analyzing Funds of Hedge Funds Not All Hedge Funds Are Created Equal A Fund with a (Long) View Laying Low and Prospering A Menu of Ideas to Fill Five Market Baskets Oil and Gas Gushing with Values Mutual Fund Analyst Picks Undervalued Stocks Most Popular Variable Annuities What’s New at Morningstar and on the Web You Can’t Always Get What You Want

Morningstar Advisor - Spring 2007

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