0000737520-18-000058.txt : 20181005 0000737520-18-000058.hdr.sgml : 20181005 20181005112849 ACCESSION NUMBER: 0000737520-18-000058 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20181005 DATE AS OF CHANGE: 20181005 EFFECTIVENESS DATE: 20181005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Strategic Funds, Inc. CENTRAL INDEX KEY: 0000737520 IRS NUMBER: 133272460 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-88816 FILM NUMBER: 181109698 BUSINESS ADDRESS: STREET 1: THE DREYFUS CORPORATION STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2129226400 MAIL ADDRESS: STREET 1: C/O DREYFUS CORP STREET 2: 200 PARK AVENUE, 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10166 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS PREMIER NEW LEADERS FUND INC DATE OF NAME CHANGE: 20021213 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS NEW LEADERS FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS NEW EQUITY FUND INC DATE OF NAME CHANGE: 19850904 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Strategic Funds, Inc. CENTRAL INDEX KEY: 0000737520 IRS NUMBER: 133272460 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-03940 FILM NUMBER: 181109697 BUSINESS ADDRESS: STREET 1: THE DREYFUS CORPORATION STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2129226400 MAIL ADDRESS: STREET 1: C/O DREYFUS CORP STREET 2: 200 PARK AVENUE, 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10166 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS PREMIER NEW LEADERS FUND INC DATE OF NAME CHANGE: 20021213 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS NEW LEADERS FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS NEW EQUITY FUND INC DATE OF NAME CHANGE: 19850904 0000737520 S000029388 Dreyfus Select Managers Small Cap Growth Fund C000090268 Class A DSGAX C000090269 Class C DSGCX C000090270 Class I DSGIX C000130444 Class Y DSGYX 485BPOS 1 lp1-085.htm POST-EFFECTIVE AMENDMENT NO. 143 lp1-085.htm - Generated by SEC Publisher for SEC Filing

File No. 2-88816

811-03940

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. 143  [X]

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [X]

 Amendment No. 143  [X]

(Check appropriate box or boxes.)

Strategic Funds, Inc.

(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) 922-6400

Bennett A. MacDougall, 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.

 

The following post-effective amendment to the Registrant's Registration Statement on Form N-1A relates to the series listed below and does not affect the Registration Statements of Dreyfus Active MidCap Fund, Dreyfus Select Managers Small Cap Value Fund, Dreyfus U.S. Equity Fund, Global Stock Fund or International Stock Fund

Dreyfus Select Managers Small Cap Growth Fund


 


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 5th day of October, 2018.

Strategic Funds, Inc.

   

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)

 

10/05/2018

Bradley J. Skapyak

       

/s/ James Windels*

 

Treasurer (Principal Financial
and Accounting Officer)

 

10/05/2018

James Windels

       

/s/ Joseph S. DiMartino*

 

Chairman of the Board

 

10/05/2018

Joseph S. DiMartino

       

/s/ Gordon J. Davis*

 

Board Member

 

10/05/2018

Gordon J. Davis

       

/s/ Joni Evans*

 

Board Member

 

10/05/2018

Joni Evans 

       

/s/ Joan L. Gulley*

 

Board Member

 

10/05/2018

Joan L. Gulley

       

/s/ Ehud Houminer*

 

Board Member

 

10/05/2018

Ehud Houminer

       

/s/ Alan H. Howard*

 

Board Member

 

10/05/2018

Alan H. Howard

       

/s/ Robin A. Melvin*

 

Board Member

 

10/05/2018

Robin A. Melvin

       

 

         

/s/ Burton N. Wallack* 

 

Board Member

 

10/05/2018

Burton N. Wallack

       

/s/ Benaree P. Wiley* 

 

Board Member

 

10/05/2018

Benaree P. Wiley

       
   

*BY:

/s/Sarah S. Kelleher

 

Sarah S. Kelleher,
Attorney-in-Fact

 


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.

 

EX-101.SCH 3 ck0000737520-20180927.xsd TAXONOMY 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - Dreyfus Select Managers Small Cap Growth Fund link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example {Transposed} link:presentationLink link:definitionLink link:calculationLink 020004 - Schedule - Expense Example No Redemption {Transposed} link:presentationLink link:definitionLink link:calculationLink 020005 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020006 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020007 - Disclosure - Risk/Return Detail Data {Elements} - Dreyfus Select Managers Small Cap Growth Fund link:presentationLink link:definitionLink link:calculationLink EX-101.INS 4 ck0000737520-20180927.xml INSTANCE DOCUMENT 0000737520 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member ck0000737520:C000090268Member 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member ck0000737520:C000090269Member 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member ck0000737520:C000090270Member 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member ck0000737520:C000130444Member 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member rr:AfterTaxesOnDistributionsMember ck0000737520:C000090268Member 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member rr:AfterTaxesOnDistributionsAndSalesMember ck0000737520:C000090268Member 2018-05-31 2018-05-31 0000737520 ck0000737520:S000029388Member ck0000737520:index_Russell_2000_Growth_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2018-05-31 2018-05-31 xbrli:pure iso4217:USD Class A shares bought without an initial sales charge as part of an investment of $1 million or more may be charged a deferred sales charge of 1.00% if redeemed within one year. The fund's investment adviser, The Dreyfus Corporation, has contractually agreed, until September 30, 2019, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of Class A, C, I and Y shares of the fund (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed 1.05%, 1.05%, 1.05% and .98%, respectively. On or after September 30, 2019, The Dreyfus Corporation may terminate these expense limitations at any time. Strategic Funds, Inc. 485BPOS false 0000737520 2018-05-31 2018-09-27 2018-09-28 2018-09-28 Fund Summary DSGAX DSGCX DSGIX DSGYX Portfolio Turnover <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">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 and may result in higher taxes when fund shares are held in a taxable account. 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 95.50% of the average value of its portfolio.</font></p> 0.9550 Performance <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">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 Class A shares from year to year. Sales charges, if any, are not reflected in the bar chart, and, if those charges were included, returns would have been less than those shown. 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 (before and after taxes) is not necessarily an indication of how the fund will perform in the future. More recent performance information may be available at </font><font><font style="text-decoration:underline"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">www.dreyfus.com</font></font></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">.</font></p> Year-by-Year Total Returns as of 12/31 each year (%) Class A 0.0104 0.1360 0.4504 -0.0123 -0.0296 0.0557 0.2460 ~ http://dreyfus.com/20180927/role/ScheduleAnnualTotalReturnsBarChart20005 column dei_LegalEntityAxis compact ck0000737520_S000029388Member column rr_ProspectusShareClassAxis compact ck0000737520_C000090268Member row primary compact * ~ Best Quarter 0.1420 2013-09-30 Worst Quarter -0.1811 2011-09-30 year-to-date total return 0.1182 2018-06-30 <table><tr><td> <p style="TEXT-ALIGN: left; MARGIN-LEFT: 4pt"><font><b><font style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-STYLE: normal">Best Quarter</font></b></font><font style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: normal; FONT-STYLE: normal"><br/>Q3, 2013: 14.20%</font></p> <p style="TEXT-ALIGN: left; MARGIN-LEFT: 4pt"><font><b><font style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-STYLE: normal">Worst Quarter</font></b></font><font style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: normal; FONT-STYLE: normal"><br/>Q3, 2011: -18.11%</font></p></td></tr></table> <br/><table><tr><td> <p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.6pt; TEXT-INDENT: -4.3pt"><i><font style="FONT-SIZE: 8pt; VERTICAL-ALIGN: top; FONT-WEIGHT: normal; color: #000000;">The year-to-date total return of the fund's Class A shares as of June 30, 2018 was 11.82%.</font></i></p></td></tr></table> <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">After-tax performance is shown only for Class A shares. After-tax performance of the fund's other share classes will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their shares through U.S. tax-deferred arrangements such as 401(k) plans or individual retirement accounts.</font></p> <br/><p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">For the fund's Class Y shares, periods prior to the inception date reflect the performance of the fund's Class A shares, without reflecting any applicable sales charges for Class A shares. Such performance figures have not been adjusted to reflect applicable class fees and expenses. Each share class is invested in the same portfolio of securities, and the annual returns would have differed only to the extent that the classes do not have the same expenses.</font></p> 0.1742 0.1150 0.1358 0.1558 0.1004 0.1258 0.1130 0.0889 0.1100 0.2267 0.1198 0.1363 0.2497 0.1317 0.1482 0.2502 0.1334 0.1482 0.2217 0.1521 0.1569 2013-07-01 2010-07-01 2010-07-01 2010-07-01 2010-07-01 ~ http://dreyfus.com/20180927/role/ScheduleAverageAnnualReturnsTransposed20006 column dei_LegalEntityAxis compact ck0000737520_S000029388Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ Average Annual Total Returns (as of 12/31/17) The fund's past performance (before and after taxes) is not necessarily an indication of how the fund will perform in the future. Sales charges, if any, are not reflected in the bar chart, and, if those charges were included, returns would have been less than those shown. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their shares through U.S. tax-deferred arrangements such as 401(k) plans or individual retirement accounts. After-tax performance is shown only for Class A shares. After-tax performance of the fund's other share classes will vary. www.dreyfus.com The following bar chart and table provide some indication of the risks of investing in the fund. reflects no deductions for fees, expenses or taxes Fees and Expenses <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or shares of other funds in the Dreyfus Family of Funds that are subject to a sales charge. More information about sales charges, including these and other discounts and waivers, is available from your financial professional and in the Shareholder Guide section beginning on page 13 of the prospectus and in the How to Buy Shares section and the Additional Information About How to Buy Shares section beginning on page II-1 and page III-1, respectively, of the fund's Statement of Additional Information.</font></p> 0.0575 0.0000 0.0000 0.0000 0.0000 0.0100 0.0000 0.0000 0.0090 0.0090 0.0090 0.0090 0.0000 0.0075 0.0000 0.0000 0.0039 0.0058 0.0009 0.0005 0.0129 0.0223 0.0099 0.0095 -0.0018 0.0129 0.0205 0.0099 0.0095 ~ http://dreyfus.com/20180927/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact ck0000737520_S000029388Member row primary compact * ~ ~ http://dreyfus.com/20180927/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact ck0000737520_S000029388Member row primary compact * ~ Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Class A shares bought without an initial sales charge as part of an investment of $1 million or more may be charged a deferred sales charge of 1.00% if redeemed within one year. 50000 You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or shares of other funds in the Dreyfus Family of Funds that are subject to a sales charge. 2019-09-30 Shareholder Fees (fees paid directly from your investment) Principal Investment Strategy <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">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 small cap companies. The fund currently considers small cap companies to be those companies with market capitalizations that fall within the range of companies in the Russell 2000<font><sup>&#174; </sup></font>Growth Index, the fund&#8217;s benchmark index. The fund's portfolio is constructed so as to have a growth tilt. The fund may invest up to 15% of its net assets in foreign securities (i.e., securities issued by companies organized under the laws of countries other than the U.S.).</font></p> <br/><p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">The fund uses a "multi-manager" approach by selecting one or more subadvisers to manage the fund's assets. The fund may hire, terminate or replace subadvisers and modify material terms and conditions of subadvisory arrangements without shareholder approval. The fund's assets are currently allocated among six subadvisers, each of which acts independently of the others and uses its own methodology to select portfolio investments. </font></p> Investment Objective <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">The fund seeks capital appreciation. </font></p> Principal Risks <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">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.</font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Risks of stock investing</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">. 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 market conditions or because of factors that affect the particular company or the company's industry.</font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Small and midsize company risk.</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;"> Small and midsize companies carry additional risks because the operating histories of these companies tend to be more limited, their earnings and revenues less predictable (and some companies may be experiencing significant losses), and their share prices more volatile than those of larger, more established companies. The shares of smaller companies tend to trade less frequently than those of larger, more established companies, which can adversely affect the pricing of these securities and the fund's ability to sell these securities.</font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Growth stock risk.</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;"> 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.</font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Market sector risk.</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;"> The fund may significantly overweight or underweight certain companies, industries or market sectors, which may cause the fund's performance to be more or less sensitive to developments affecting those companies, industries or sectors.</font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 9.35pt; TEXT-INDENT: -9.35pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal">Liquidity risk</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal">. When there is little or no active trading market for specific types of securities, it can become more difficult to sell the securities in a timely manner at or near their perceived value. In such a market, the value of such securities and the fund's share price may fall dramatically. Investments that are illiquid or that trade in lower volumes may be more difficult to value. Investments in foreign securities tend to have greater exposure to liquidity risk than domestic securities.</font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Foreign investment risk.</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;"> 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 </font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">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. </font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Multi-manager risk. </font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">Each subadviser makes investment decisions independently, and it is possible that the investment styles of the subadvisers may not complement one another. As a result, the fund's exposure to a given stock, industry or investment style could unintentionally be greater or smaller than it would have been if the fund had a single adviser. In addition, if one subadviser buys a security during a time frame when another subadviser sells it, the fund will incur transaction costs and the fund's net position in the security may be approximately the same as it would have been with a single adviser and no such sale and purchase. </font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Allocation risk. </font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">The ability of the fund to achieve its investment goal depends, in part, on the ability of the fund's portfolio allocation manager, subject to The Dreyfus Corporation's supervision and approval, to allocate effectively the fund's assets among the subadvisers. There can be no assurance that the actual allocations will be effective in achieving the fund's investment goal.</font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Portfolio turnover risk.</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;"> The fund may engage in short-term trading, which could produce higher transaction costs and taxable distributions, and lower the fund's after-tax performance. </font></p> <br/><p style="TEXT-ALIGN: left; MARGIN-LEFT: 8.65pt; TEXT-INDENT: -8.65pt"><font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#183;</font></font><font><font style="WORD-SPACING: 10pt"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000; font-family: symbol;">&#160;</font></font></font><font><i><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; color: #000000;">Non-diversification risk</font></i></font><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">. The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund. </font></p> The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund. The fund's share price fluctuates, sometimes dramatically, which means you could lose money. 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. Example <p style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: normal; FONT-STYLE: normal; color: #000000;">The Example 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 one-year example and the first year of the three-, five- and ten-years examples are based on net operating expenses, which reflect the expense limitation agreement by The Dreyfus Corporation. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 699 308 101 97 960 680 315 303 1242 1178 547 525 2042 2551 1213 1166 699 208 101 97 960 680 315 303 1242 1178 547 525 2042 2551 1213 1166 ~ http://dreyfus.com/20180927/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact ck0000737520_S000029388Member row primary compact * ~ ~ http://dreyfus.com/20180927/role/ScheduleExpenseExampleNoRedemptionTransposed20004 column dei_LegalEntityAxis compact ck0000737520_S000029388Member row primary compact * ~ EX-101.CAL 5 ck0000737520-20180927_cal.xml CALCULATION LINKBASE EX-101.PRE 6 ck0000737520-20180927_pre.xml PRESENTATION LINKBASE EX-101.DEF 7 ck0000737520-20180927_def.xml DEFINITION LINKBASE EX-101.LAB 8 ck0000737520-20180927_lab.xml LABELS LINKBASE XML 9 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information
Total
Prospectus:  
Document Type 485BPOS
Document Period End Date May 31, 2018
Registrant Name Strategic Funds, Inc.
Central Index Key 0000737520
Amendment Flag false
Document Creation Date Sep. 27, 2018
Document Effective Date Sep. 28, 2018
Prospectus Date Sep. 28, 2018
Dreyfus Select Managers Small Cap Growth Fund | Class A  
Prospectus:  
Trading Symbol DSGAX
Dreyfus Select Managers Small Cap Growth Fund | Class C  
Prospectus:  
Trading Symbol DSGCX
Dreyfus Select Managers Small Cap Growth Fund | Class I  
Prospectus:  
Trading Symbol DSGIX
Dreyfus Select Managers Small Cap Growth Fund | Class Y  
Prospectus:  
Trading Symbol DSGYX
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Dreyfus Select Managers Small Cap Growth Fund
Fund Summary
Investment Objective

The fund seeks capital appreciation.

Fees and Expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or shares of other funds in the Dreyfus Family of Funds that are subject to a sales charge. More information about sales charges, including these and other discounts and waivers, is available from your financial professional and in the Shareholder Guide section beginning on page 13 of the prospectus and in the How to Buy Shares section and the Additional Information About How to Buy Shares section beginning on page II-1 and page III-1, respectively, of the fund's Statement of Additional Information.

Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - Dreyfus Select Managers Small Cap Growth Fund
Class A
Class C
Class I
Class Y
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none none
Maximum deferred sales charge (load) (as a percentage of lower of purchase or sale price) none [1] 1.00% none none
[1] Class A shares bought without an initial sales charge as part of an investment of $1 million or more may be charged a deferred sales charge of 1.00% if redeemed within one year.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Dreyfus Select Managers Small Cap Growth Fund
Class A
Class C
Class I
Class Y
Management fees 0.90% 0.90% 0.90% 0.90%
Distribution (12b-1) fees none 0.75% none none
Other expenses (including shareholder services fees) 0.39% 0.58% 0.09% 0.05%
Total annual fund operating expenses 1.29% 2.23% 0.99% 0.95%
Fee waiver and/or expense reimbursement [1] (0.18%)
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) 1.29% 2.05% 0.99% 0.95%
[1] The fund's investment adviser, The Dreyfus Corporation, has contractually agreed, until September 30, 2019, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of Class A, C, I and Y shares of the fund (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed 1.05%, 1.05%, 1.05% and .98%, respectively. On or after September 30, 2019, The Dreyfus Corporation may terminate these expense limitations at any time.
Example

The Example 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 one-year example and the first year of the three-, five- and ten-years examples are based on net operating expenses, which reflect the expense limitation agreement by The Dreyfus Corporation. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - Dreyfus Select Managers Small Cap Growth Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 699 960 1,242 2,042
Class C 308 680 1,178 2,551
Class I 101 315 547 1,213
Class Y 97 303 525 1,166
Expense Example No Redemption - Dreyfus Select Managers Small Cap Growth Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 699 960 1,242 2,042
Class C 208 680 1,178 2,551
Class I 101 315 547 1,213
Class Y 97 303 525 1,166
Portfolio Turnover

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 and may result in higher taxes when fund shares are held in a taxable account. 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 95.50% of the average value of its portfolio.

Principal Investment Strategy

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 small cap companies. The fund currently considers small cap companies to be those companies with market capitalizations that fall within the range of companies in the Russell 2000® Growth Index, the fund’s benchmark index. The fund's portfolio is constructed so as to have a growth tilt. The fund may invest up to 15% of its net assets in foreign securities (i.e., securities issued by companies organized under the laws of countries other than the U.S.).


The fund uses a "multi-manager" approach by selecting one or more subadvisers to manage the fund's assets. The fund may hire, terminate or replace subadvisers and modify material terms and conditions of subadvisory arrangements without shareholder approval. The fund's assets are currently allocated among six subadvisers, each of which acts independently of the others and uses its own methodology to select portfolio investments.

Principal Risks

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 market conditions or because of factors that affect the particular company or the company's industry.


· Small and midsize company risk. Small and midsize companies carry additional risks because the operating histories of these companies tend to be more limited, their earnings and revenues less predictable (and some companies may be experiencing significant losses), and their share prices more volatile than those of larger, more established companies. The shares of smaller companies tend to trade less frequently than those of larger, more established companies, which can adversely affect the pricing of these securities and the fund's ability to sell these securities.


· 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.


· Market sector risk. The fund may significantly overweight or underweight certain companies, industries or market sectors, which may cause the fund's performance to be more or less sensitive to developments affecting those companies, industries or sectors.


· Liquidity risk. When there is little or no active trading market for specific types of securities, it can become more difficult to sell the securities in a timely manner at or near their perceived value. In such a market, the value of such securities and the fund's share price may fall dramatically. Investments that are illiquid or that trade in lower volumes may be more difficult to value. Investments in foreign securities tend to have greater exposure to liquidity risk than domestic 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.


· Multi-manager risk. Each subadviser makes investment decisions independently, and it is possible that the investment styles of the subadvisers may not complement one another. As a result, the fund's exposure to a given stock, industry or investment style could unintentionally be greater or smaller than it would have been if the fund had a single adviser. In addition, if one subadviser buys a security during a time frame when another subadviser sells it, the fund will incur transaction costs and the fund's net position in the security may be approximately the same as it would have been with a single adviser and no such sale and purchase.


· Allocation risk. The ability of the fund to achieve its investment goal depends, in part, on the ability of the fund's portfolio allocation manager, subject to The Dreyfus Corporation's supervision and approval, to allocate effectively the fund's assets among the subadvisers. There can be no assurance that the actual allocations will be effective in achieving the fund's investment goal.


· Portfolio turnover risk. The fund may engage in short-term trading, which could produce higher transaction costs and taxable distributions, and lower the fund's after-tax performance.


· Non-diversification risk. The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund.

Performance

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 Class A shares from year to year. Sales charges, if any, are not reflected in the bar chart, and, if those charges were included, returns would have been less than those shown. 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 (before and after taxes) 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.

Year-by-Year Total Returns as of 12/31 each year (%) Class A
Bar Chart

Best Quarter
Q3, 2013: 14.20%

Worst Quarter
Q3, 2011: -18.11%


The year-to-date total return of the fund's Class A shares as of June 30, 2018 was 11.82%.

Average Annual Total Returns (as of 12/31/17)

After-tax performance is shown only for Class A shares. After-tax performance of the fund's other share classes will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their shares through U.S. tax-deferred arrangements such as 401(k) plans or individual retirement accounts.


For the fund's Class Y shares, periods prior to the inception date reflect the performance of the fund's Class A shares, without reflecting any applicable sales charges for Class A shares. Such performance figures have not been adjusted to reflect applicable class fees and expenses. Each share class is invested in the same portfolio of securities, and the annual returns would have differed only to the extent that the classes do not have the same expenses.

Average Annual Returns - Dreyfus Select Managers Small Cap Growth Fund
Average Annual Returns, 1 Year
Average Annual Returns, 5 Years
Average Annual Returns, Since Inception
Average Annual Returns, Inception Date
Class A 17.42% 11.50% 13.58% Jul. 01, 2010
Class C 22.67% 11.98% 13.63% Jul. 01, 2010
Class I 24.97% 13.17% 14.82% Jul. 01, 2010
Class Y 25.02% 13.34% 14.82% Jul. 01, 2013
After Taxes on Distributions | Class A 15.58% 10.04% 12.58%  
After Taxes on Distributions and Sale of Fund Shares | Class A 11.30% 8.89% 11.00%  
Russell 2000® Growth Index reflects no deductions for fees, expenses or taxes 22.17% 15.21% 15.69% Jul. 01, 2010
XML 12 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Dreyfus Select Managers Small Cap Growth Fund  
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. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or shares of other funds in the Dreyfus Family of Funds that are subject to a sales charge. More information about sales charges, including these and other discounts and waivers, is available from your financial professional and in the Shareholder Guide section beginning on page 13 of the prospectus and in the How to Buy Shares section and the Additional Information About How to Buy Shares section beginning on page II-1 and page III-1, respectively, of the fund's Statement of Additional Information.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
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)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Sep. 30, 2019
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 and may result in higher taxes when fund shares are held in a taxable account. 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 95.50% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 95.50%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or shares of other funds in the Dreyfus Family of Funds that are subject to a sales charge.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

The Example 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 one-year example and the first year of the three-, five- and ten-years examples are based on net operating expenses, which reflect the expense limitation agreement by The Dreyfus Corporation. 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 small cap companies. The fund currently considers small cap companies to be those companies with market capitalizations that fall within the range of companies in the Russell 2000® Growth Index, the fund’s benchmark index. The fund's portfolio is constructed so as to have a growth tilt. The fund may invest up to 15% of its net assets in foreign securities (i.e., securities issued by companies organized under the laws of countries other than the U.S.).


The fund uses a "multi-manager" approach by selecting one or more subadvisers to manage the fund's assets. The fund may hire, terminate or replace subadvisers and modify material terms and conditions of subadvisory arrangements without shareholder approval. The fund's assets are currently allocated among six subadvisers, each of which acts independently of the others and uses its own methodology to select portfolio investments.

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 market conditions or because of factors that affect the particular company or the company's industry.


· Small and midsize company risk. Small and midsize companies carry additional risks because the operating histories of these companies tend to be more limited, their earnings and revenues less predictable (and some companies may be experiencing significant losses), and their share prices more volatile than those of larger, more established companies. The shares of smaller companies tend to trade less frequently than those of larger, more established companies, which can adversely affect the pricing of these securities and the fund's ability to sell these securities.


· 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.


· Market sector risk. The fund may significantly overweight or underweight certain companies, industries or market sectors, which may cause the fund's performance to be more or less sensitive to developments affecting those companies, industries or sectors.


· Liquidity risk. When there is little or no active trading market for specific types of securities, it can become more difficult to sell the securities in a timely manner at or near their perceived value. In such a market, the value of such securities and the fund's share price may fall dramatically. Investments that are illiquid or that trade in lower volumes may be more difficult to value. Investments in foreign securities tend to have greater exposure to liquidity risk than domestic 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.


· Multi-manager risk. Each subadviser makes investment decisions independently, and it is possible that the investment styles of the subadvisers may not complement one another. As a result, the fund's exposure to a given stock, industry or investment style could unintentionally be greater or smaller than it would have been if the fund had a single adviser. In addition, if one subadviser buys a security during a time frame when another subadviser sells it, the fund will incur transaction costs and the fund's net position in the security may be approximately the same as it would have been with a single adviser and no such sale and purchase.


· Allocation risk. The ability of the fund to achieve its investment goal depends, in part, on the ability of the fund's portfolio allocation manager, subject to The Dreyfus Corporation's supervision and approval, to allocate effectively the fund's assets among the subadvisers. There can be no assurance that the actual allocations will be effective in achieving the fund's investment goal.


· Portfolio turnover risk. The fund may engage in short-term trading, which could produce higher transaction costs and taxable distributions, and lower the fund's after-tax performance.


· Non-diversification risk. The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund.

Risk Lose Money [Text] rr_RiskLoseMoney The fund's share price fluctuates, sometimes dramatically, which means you could lose money.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund.
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 Class A shares from year to year. Sales charges, if any, are not reflected in the bar chart, and, if those charges were included, returns would have been less than those shown. 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 (before and after taxes) 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 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 (before and after taxes) 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 (%) Class A
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads Sales charges, if any, are not reflected in the bar chart, and, if those charges were included, returns would have been less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best Quarter
Q3, 2013: 14.20%

Worst Quarter
Q3, 2011: -18.11%


The year-to-date total return of the fund's Class A shares as of June 30, 2018 was 11.82%.

Year to Date Return, Label rr_YearToDateReturnLabel year-to-date total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2018
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.82%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 14.20%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (18.11%)
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deductions for fees, expenses or taxes
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their shares through U.S. tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax performance is shown only for Class A shares. After-tax performance of the fund's other share classes will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

After-tax performance is shown only for Class A shares. After-tax performance of the fund's other share classes will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their shares through U.S. tax-deferred arrangements such as 401(k) plans or individual retirement accounts.


For the fund's Class Y shares, periods prior to the inception date reflect the performance of the fund's Class A shares, without reflecting any applicable sales charges for Class A shares. Such performance figures have not been adjusted to reflect applicable class fees and expenses. Each share class is invested in the same portfolio of securities, and the annual returns would have differed only to the extent that the classes do not have the same expenses.

Caption rr_AverageAnnualReturnCaption Average Annual Total Returns (as of 12/31/17)
Dreyfus Select Managers Small Cap Growth Fund | Russell 2000® Growth Index reflects no deductions for fees, expenses or taxes  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 22.17%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 15.21%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 15.69%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 2010
Dreyfus Select Managers Small Cap Growth Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum deferred sales charge (load) (as a percentage of lower of purchase or sale price) rr_MaximumDeferredSalesChargeOverOfferingPrice none [1]
Management fees rr_ManagementFeesOverAssets 0.90%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.39%
Total annual fund operating expenses rr_ExpensesOverAssets 1.29%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 1.29%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Class A shares bought without an initial sales charge as part of an investment of $1 million or more may be charged a deferred sales charge of 1.00% if redeemed within one year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 699
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 960
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,242
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,042
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 699
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 960
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,242
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,042
Annual Return 2011 rr_AnnualReturn2011 1.04%
Annual Return 2012 rr_AnnualReturn2012 13.60%
Annual Return 2013 rr_AnnualReturn2013 45.04%
Annual Return 2014 rr_AnnualReturn2014 (1.23%)
Annual Return 2015 rr_AnnualReturn2015 (2.96%)
Annual Return 2016 rr_AnnualReturn2016 5.57%
Annual Return 2017 rr_AnnualReturn2017 24.60%
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 17.42%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 11.50%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 13.58%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 2010
Dreyfus Select Managers Small Cap Growth Fund | Class A | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 15.58%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 10.04%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 12.58%
Dreyfus Select Managers Small Cap Growth Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 11.30%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 8.89%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 11.00%
Dreyfus Select Managers Small Cap Growth Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of lower of purchase or sale price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management fees rr_ManagementFeesOverAssets 0.90%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.58%
Total annual fund operating expenses rr_ExpensesOverAssets 2.23%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.18%) [2]
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 2.05%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 308
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 680
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,178
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,551
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 208
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 680
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,178
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,551
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 22.67%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 11.98%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 13.63%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 2010
Dreyfus Select Managers Small Cap Growth Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of lower of purchase or sale price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.90%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.09%
Total annual fund operating expenses rr_ExpensesOverAssets 0.99%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 0.99%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 101
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 315
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 547
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,213
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 101
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 315
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 547
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,213
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 24.97%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 13.17%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 14.82%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 2010
Dreyfus Select Managers Small Cap Growth Fund | Class Y  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of lower of purchase or sale price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.90%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.05%
Total annual fund operating expenses rr_ExpensesOverAssets 0.95%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 0.95%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 97
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 303
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 525
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,166
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 97
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 303
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 525
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,166
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 25.02%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 13.34%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 14.82%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 2013
[1] Class A shares bought without an initial sales charge as part of an investment of $1 million or more may be charged a deferred sales charge of 1.00% if redeemed within one year.
[2] The fund's investment adviser, The Dreyfus Corporation, has contractually agreed, until September 30, 2019, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of Class A, C, I and Y shares of the fund (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed 1.05%, 1.05%, 1.05% and .98%, respectively. On or after September 30, 2019, The Dreyfus Corporation may terminate these expense limitations at any time.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Sep. 28, 2018
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