Morningstar Advisor - Summer 2008 - (Page 17)

BRIGHTEN UP YOUR ALLOCATION Choosing an asset allocation strategy that fits your financial goals is just as important as choosing the right funds that fit the strategy. Dreyfus offers a number of highly rated funds across a range of investment styles that can be used as part of an effective asset allocation plan. Talk to your financial advisor about developing a plan that’s right for you. DREYFUS PREMIER STRATEGIC VALUE FUND1 Morningstar Overall Rating for Class A as of 6/30/08 among 1,183 Large Value Funds. The fund received 4, 4 and 4 stars for the 3-, 5- and 10-year periods among 1,183, 928 and 427 funds respectively. DREYFUS FOUNDERS MID-CAP GROWTH FUND1 Morningstar Overall Rating for Class A as of 6/30/08 among 813 Mid-Cap Growth Funds. The fund received 4 and 4 stars for the 3- and 5-year periods among 813 and 684 funds respectively. DREYFUS PREMIER S&P STARS OPPORTUNITIES FUND2 Morningstar Overall Rating for Class A as of 6/30/08 among 813 Mid-Cap Growth Funds. The fund received 4 stars for the 3-year period among 813 funds. DREYFUS PREMIER SMALL CAP EQUITY FUND1 Morningstar Overall Rating for Class C as of 6/30/08 among 549 Small Blend Funds. The fund received 3 and 4 stars for the 3- and 5-year periods among 549 and 429 funds respectively. DREYFUS PREMIER NATURAL RESOURCES FUND DREYFUS BOND MARKET INDEX FUND Morningstar Overall Rating for Class C as of 6/30/08 among 153 Natural Resources Funds. The fund received 4 stars for the 3-year period among 153 funds. Morningstar Overall Rating (Investor Shares) as of 6/30/08 among 990 Intermediate-Term Bond Funds. The fund received 4, 4 and 4 stars for the 3-, 5- and 10-year periods among 990, 831 and 436 funds respectively. �� Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. Call your advisor to obtain a prospectus that contains this and other information about the fund, and read it carefully before investing. Other share classes may have achieved different ratings. 1 Part of each fund’s performance is attributable to positive returns from its initial public offering (IPO) investments. There can be no guarantee that IPOs will have or continue to have a positive effect on the fund’s performance. Currently, the Small Cap Equity Fund is relatively small in asset size. IPOs tend to have a reduced effect on performance as a fund’s asset base grows. Ratings reflect past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor’s shares may be worth more or less than original cost upon redemption. Equity funds achieved negative returns for the one-year period. Go to Dreyfus.com for each fund’s most recent month-end returns. Equity securities 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 midcap 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. Bond funds are generally subject to interest rate, credit, liquidity, prepayment and extension risk, derivative and market risks, to varying degrees, all of which are more fully described in the fund’s prospectus. Asset allocation does not guarantee a profit or protect against loss. The share price of the Natural Resources Fund is likely to be more volatile than broad-range diversified mutual funds, and performance may differ from the general overall stock market. Investing in such a fund involves special risks, including natural events, inflationary pressures, interest rates, commodity prices, economic, tax, energy developments, and government regulations that may affect the supply and demand for natural resources and the share price of companies in this sector. 2 “Standard & Poor’s®”, “S&P®”, and “STARS®” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use on behalf of the fund. The fund is not sponsored, managed, advised, sold or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in the fund and is not an index 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 © 2008 MBSC Securities Corporation, Distributor http://Dreyfus.com http://Dreyfus.com http://Dreyfus.com

Table of Contents Feed for the Digital Edition of Morningstar Advisor - Summer 2008

Morningstar Advisor - Summer 2008 Contents Letter from the Editor Contributors Inbox College Planning: Solutions and Concerns ETFs: The Next Chapter Engineering Financial Advice Investment Briefs Flexible vs. Style-Pure Managers: The Evidence Forging a New Commodity Index Work Your Way Through College Planning Sizing Up the Options Best and Worst 529 College-Savings Plans A 529 Travel Guide 10 Tax-Smart Tips for College-Savings Planning Global Dialogue How Sequoia Cranks Out Good Returns Year After Year The Many Layers of David Winters Living on the Edge Stocks to Buy Once a Decade With Munis Feeling the Pain, Some Opportunities Arise Health Care Provides Shelter from Economic Storm Help Your Clients Get More Out of Their Bond Portfolios Mutual Fund Analyst Picks 50 Most Popular Equity ETFs Undervalued Stocks Most Popular Variable Annuities New at Morningstar New on MorningstarAdvisor.com Closer to Fine

Morningstar Advisor - Summer 2008

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