File No. 333-47011
811-08673
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 [X]
Pre-Effective Amendment No. [__]
Post-Effective Amendment No. 38 [X]
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [X]
Amendment No. 38 [X]
(Check appropriate box or boxes.)
Dreyfus Investment Portfolios
(Exact Name of Registrant as Specified in Charter)
c/o The Dreyfus Corporation
200 Park Avenue, New York, New York 10166
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (212) 922-6000
John Pak, Esq.
200 Park Avenue
New York, New York 10166
(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check appropriate box)
X__ immediately upon filing pursuant to paragraph (b)
_____ on (date) pursuant to paragraph (b)
_____ (days) days after filing pursuant to paragraph (a)(1)
_____ on (date) pursuant to paragraph (a)(1)
_____ (days) days after filing pursuant to paragraph (a)(2)
_____ on (date) pursuant to paragraph (a)(2) of Rule 485
If appropriate, check the following box:
_____ this post-effective amendment designates a new effective date for a previously filed post-effective amendment.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Amendment to the Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of New York, and State of New York on the 20th day of May 2013.
Dreyfus Investment Portfolios
BY: |
/s/ Bradley J. Skapyak* |
Bradley J. Skapyak, PRESIDENT |
Pursuant to the requirements of the Securities Act of 1933, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.
Signatures |
Title |
Date | ||
/s/ Bradley J. Skapyak* |
President (Principal Executive Officer) |
5/20/13 | ||
Bradley J. Skapyak |
||||
/s/ James Windels* |
Treasurer (Principal Financial Officer and Accounting Officer) |
5/20/13 | ||
James Windels |
||||
/s/ Joseph S. DiMartino* |
Chairman of the Board |
5/20/13 | ||
Joseph S. DiMartino |
||||
/s/ Clifford L. Alexander* |
Board Member |
5/20/13 | ||
Clifford L. Alexander |
||||
/s/ Gordon J. Davis* |
Board Member |
5/20/13 | ||
Gordon J. Davis |
||||
/s/ Whitney Gerard* |
Board Member |
5/20/13 | ||
Whitney Gerard |
||||
/s/ Nathan Leventhal* |
Board Member |
5/20/13 | ||
Nathan Leventhal |
||||
/s/ George L. Perry* |
Board Member |
5/20/13 | ||
George L. Perry |
||||
/s/ Benaree Pratt Wiley* |
Board Member |
5/20/13 | ||
Benaree Pratt Wiley |
*BY: |
/s/ Kiesha Astwood |
Kiesha Astwood |
INDEX OF EXHIBITS
Exhibits
EX-101.INS – Instance Document.
EX-101.SCH – Taxonomy.
EX-101.CAL – Calculation Linkbase.
EX-101.DEF – Definition Linkbase.
EX-101.LAB – Labels Linkbase.
EX-101.PRE – Presentation Linkbase.
Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Risk/Return [Heading] | rr_RiskReturnHeading | Fund Summary |
Objective [Heading] | rr_ObjectiveHeading | Investment Objective |
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The fund seeks capital appreciation. |
Expense [Heading] | rr_ExpenseHeading | Fees and Expenses |
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. These figures do not reflect any fees or charges imposed by participating insurance companies under their Variable Annuity contracts (VA contracts) or Variable Life Insurance policies (VLI policies). |
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio Turnover |
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 52.00% of the average value of its portfolio. |
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 52.00% |
Expense Example [Heading] | rr_ExpenseExampleHeading | Example |
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The Example below is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the fund's operating expenses remain the same. The Example does not reflect fees and expenses incurred under VA contracts and VLI policies; if they were reflected, the figures in the Example would be higher. Although your actual costs may be higher or lower, based on these assumptions your costs would be: |
Strategy [Heading] | rr_StrategyHeading | Principal Investment Strategy |
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of growth companies of any size that The Dreyfus Corporation believes to be leading producers or beneficiaries of technological innovation. Up to 25% of the fund's assets may be invested in foreign securities (i.e., securities issued by companies organized under the laws of countries other than the U.S.). In choosing stocks, the fund looks for technology companies with the potential for strong earnings or revenue growth rates, although some of the fund's investments may currently be experiencing losses. The fund's investment process centers on a multi-dimensional approach that looks for opportunities across emerging growth, cyclical or stable growth companies. The fund's investment approach seeks companies that appear to have strong earnings momentum, positive earnings revisions, favorable growth, product or market cycles and/or favorable valuations. |
Risk [Heading] | rr_RiskHeading | Principal Risks |
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | An investment in the fund is not a bank deposit. It is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. It is not a complete investment program. The fund's share price fluctuates, sometimes dramatically, which means you could lose money. · Risks of stock investing. Stocks generally fluctuate more in value than bonds and may decline significantly over short time periods. There is the chance that stock prices overall will decline because stock markets tend to move in cycles, with periods of rising prices and falling prices. The market value of a stock may decline due to general weakness in the stock market or because of factors that affect the company or its particular industry. · Growth stock risk. Investors often expect growth companies to increase their earnings at a certain rate. If these expectations are not met, investors can punish the stocks inordinately, even if earnings do increase. In addition, growth stocks may lack the dividend yield that may cushion stock prices in market downturns. · Technology company risk. The technology sector has been among the most volatile sectors of the stock market. Because the fund's investments are concentrated in the technology sector, its performance will be significantly affected by developments in that sector. Technology companies, especially small-cap technology companies, involve greater risk because their revenue and/or earnings tend to be less predictable (and some companies may be experiencing significant losses) and their share prices tend to be more volatile. Certain technology companies may have limited product lines, markets or financial resources, or may depend on a limited management group. In addition, these companies are strongly affected by worldwide technological developments, and their products and services may not be economically successful or may quickly become outdated. Investor perception may play a greater role in determining the day-to-day value of tech stocks than it does in other sectors. Fund investments made in anticipation of future products and services may decline dramatically in value if the anticipated products or services are delayed or cancelled. The risks associated with technology companies are magnified in the case of small-cap technology companies. The shares of smaller technology companies tend to trade less frequently than those of larger, more established companies, which can have an adverse effect on the pricing of these securities and on the fund's ability to sell these securities. · Foreign investment risk. To the extent the fund invests in foreign securities, the fund's performance will be influenced by political, social and economic factors affecting investments in foreign issuers. Special risks associated with investments in foreign issuers include exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political and economic instability and differing auditing and legal standards. Investments denominated in foreign currencies are subject to the risk that such currencies will decline in value relative to the U.S. dollar and affect the value of these investments held by the fund. Securities of issuers located in emerging markets can be more volatile and less liquid than those of issuers in more developed economies. · Liquidity risk. When there is little or no active trading market for a security, the fund may not be able to sell the security in a timely manner at its perceived value, which could cause the fund's share price to fall. |
Risk Lose Money [Text] | rr_RiskLoseMoney | The fund's share price fluctuates, sometimes dramatically, which means you could lose money. |
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | An investment in the fund is not a bank deposit. It is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. |
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance |
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The following bar chart and table provide some indication of the risks of investing in the fund. The bar chart shows changes in the performance of the fund's Initial shares from year to year. The table compares the average annual total returns of the fund's shares to those of a broad measure of market performance. The fund's past performance is not necessarily an indication of how the fund will perform in the future. More recent performance information may be available at www.dreyfus.com. Performance information reflects the fund's expenses only and does not reflect the fees and charges imposed by participating insurance companies under their VA contracts or VLI policies. Because these fees and charges will reduce total return, policyowners should consider them when evaluating and comparing the fund's performance. Policyowners should consult the prospectus for their contract or policy for more information. |
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The following bar chart and table provide some indication of the risks of investing in the fund. |
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | www.dreyfus.com |
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | The fund's past performance is not necessarily an indication of how the fund will perform in the future. |
Bar Chart [Heading] | rr_BarChartHeading | Year-by-Year Total Returns as of 12/31 each year (%) Initial Shares |
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Best Quarter Worst Quarter |
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best Quarter |
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2003 |
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 24.65% |
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst Quarter |
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Sep. 30, 2002 |
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (26.70%) |
Index No Deduction for Fees, Expenses, Taxes [Text] | rr_IndexNoDeductionForFeesExpensesTaxes | reflects no deduction for fees, expenses or taxes |
Caption | rr_AverageAnnualReturnCaption | Average Annual Total Returns (as of 12/31/12) |
S&P 500® Index reflects no deduction for fees, expenses or taxes
|
||
Risk/Return: | rr_RiskReturnAbstract | |
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | 15.99% |
Average Annual Returns, 5 Years | rr_AverageAnnualReturnYear05 | 1.66% |
Average Annual Returns, 10 Years | rr_AverageAnnualReturnYear10 | 7.10% |
Morgan Stanley High Technology 35® Index reflects no deduction for fees, expenses or taxes
|
||
Risk/Return: | rr_RiskReturnAbstract | |
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | 18.18% |
Average Annual Returns, 5 Years | rr_AverageAnnualReturnYear05 | 1.64% |
Average Annual Returns, 10 Years | rr_AverageAnnualReturnYear10 | 2.17% |
Technology Growth Portfolio - Initial Shares
|
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Risk/Return: | rr_RiskReturnAbstract | |
Management fees | rr_ManagementFeesOverAssets | 0.75% |
Distribution and/or service (Rule 12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | none |
Other expenses | rr_OtherExpensesOverAssets | 0.08% |
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.83% |
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 85 |
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 265 |
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 460 |
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,025 |
Annual Return 2003 | rr_AnnualReturn2003 | 50.96% |
Annual Return 2004 | rr_AnnualReturn2004 | 0.46% |
Annual Return 2005 | rr_AnnualReturn2005 | 3.78% |
Annual Return 2006 | rr_AnnualReturn2006 | 4.31% |
Annual Return 2007 | rr_AnnualReturn2007 | 14.72% |
Annual Return 2008 | rr_AnnualReturn2008 | (41.18%) |
Annual Return 2009 | rr_AnnualReturn2009 | 57.67% |
Annual Return 2010 | rr_AnnualReturn2010 | 29.93% |
Annual Return 2011 | rr_AnnualReturn2011 | (7.78%) |
Annual Return 2012 | rr_AnnualReturn2012 | 15.62% |
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | 15.62% |
Average Annual Returns, 5 Years | rr_AverageAnnualReturnYear05 | 5.14% |
Average Annual Returns, 10 Years | rr_AverageAnnualReturnYear10 | 9.24% |
Technology Growth Portfolio - Service Shares
|
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Risk/Return: | rr_RiskReturnAbstract | |
Management fees | rr_ManagementFeesOverAssets | 0.75% |
Distribution and/or service (Rule 12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% |
Other expenses | rr_OtherExpensesOverAssets | 0.08% |
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.08% |
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 110 |
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 343 |
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 595 |
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,317 |
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | 15.35% |
Average Annual Returns, 5 Years | rr_AverageAnnualReturnYear05 | 4.88% |
Average Annual Returns, 10 Years | rr_AverageAnnualReturnYear10 | 8.97% |