497 1 stkr-070.htm SUPPLEMENT TO PROSPECTUS & SAI stkr-070.htm - Generated by SEC Publisher for SEC Filing

 

November 2, 2010

 

 

DREYFUS WORLDWIDE GROWTH FUND, INC.

-          DREYFUS WORLDWIDE GROWTH FUND

 

 

Supplement to Prospectus

Dated March 1, 2010

 

The following information supersedes and replaces any contrary information contained in the sections of the fund’s Prospectus entitled “Fund Summary – Portfolio Management” and “Fund Details-Management”:

 

The fund’s investment adviser is Dreyfus and the fund’s sub-investment adviser is Fayez Sarofim & Co. (Sarofim & Co.).  The fund is managed by a team of portfolio managers employed by Sarofim & Co., consisting of Fayez Sarofim, Catherine Crain, Jeff Jacobe, Gentry Lee, Christopher Sarofim and Charles Sheedy.  The team is supported by Sarofim & Co.’s Investment Committee, all the members of which are senior investment professionals at Sarofim & Co.  The Investment Committee directs and monitors Sarofim & Co.’s internal, fundamental research efforts.  The team of portfolio managers operates within the guidelines set by the Investment Committee.  Mr. Fayez Sarofim, Chief Executive Officer, Chairman of the Board and Chief Investment Officer, founded Sarofim & Co. in 1958 and has been a portfolio manager of the fund since its inception.  Ms. Crain is a Vice President and Director of Marketing & Client Services at Sarofim & Co., where she has been employed since 1993.  She has been a portfolio manager of the fund since October 2000.  Mr. Jacobe, a Director of Investments and a Senior Vice President at Sarofim & Co. where he has been employed since 2000, is responsible for organizing and overseeing investment research efforts.  He has been a portfolio manager of the fund since November 2010.  Mr. Lee, President of Sarofim & Co. where he has been employed since 1998, is responsible for overseeing investment, client services and business operations.  He has been a portfolio manager of the fund since November 2010.  Mr. Christopher Sarofim is a Vice Chairman of Sarofim & Co. where he has been employed since 1988. He has been a portfolio manager of the fund since April 1997.  Mr. Sheedy, Senior Vice President at Sarofim & Co., where he has been employed since 1971, has been a portfolio manager of the fund since October 2000.

 

 


 

 

November 2, 2010

 

 

DREYFUS PREMIER WORLDWIDE GROWTH FUND, INC.

-          DREYFUS WORLDWIDE GROWTH FUND

 

 

Supplement to Statement of Additional Information

Dated March 1, 2010

 

The following information supersedes and replaces any contrary information contained in the section of the Fund’s SAI entitled “Management Arrangements – Portfolio Management”:

 

            The portfolio managers of the Fund are Fayez Sarofim, Catherine Crain, Jeff Jacobe, Gentry Lee, Christopher Sarofim and Charles Sheedy.  Each of them is employed by Sarofim & Co., the Fund’s sub-investment adviser.

 

The following information supersedes and replaces any contrary information contained in the section of the Fund’s SAI entitled “Management Arrangements – Additional Information about Portfolio Managers”:

 

The following table lists the number and types of accounts advised by the portfolio managers and assets under management in those accounts as of September 30, 2010:

 

 

 

Portfolio Manager

Registered Investment Company

Accounts

 

 

Assets Managed

 

 

Pooled Accounts

 

 

Assets Managed

 

 

Other Accounts

 

 

Assets Managed

 

 

 

 

 

 

 

Fayez Sarofim

 

5

 

$3.37 Billion

 

19

 

$1.85 Billion

 

445

 

$11.7 Billion

Catherine Crain

 

5

 

$3.37 Billion

 

0

 

$0

 

95

 

$2.42 Billion

 

Jeff Jacobe

 

5

 

$3.37 Billion

 

1

 

$14.9 Million

 

62

 

$2.24 Billion

 

Gentry Lee

 

5

 

$3.37 Billion

 

18

 

$1.83 Billion

 

128

 

$3.79 Billion

Christopher Sarofim

 

5

 

$3.37 Billion

 

1

 

$86.0 Million

 

14

 

$1.32 Billion

Charles Sheedy

 

5

 

$3.37 Billion

 

18

 

$1.76 Billion

 

75

 

$2.36 Billion

 

 

 

 


 

 

 

None of the funds or accounts are subject to a performance-based advisory fee. 

 

The dollar range of Fund shares beneficially owned by the portfolio managers are as follows, as of September 30, 2010:

 

 

Portfolio Manager

Dollar Range of Fund Shares Beneficially Owned

Fayez Sarofim

Over $1,000,000

Catherine Crain

none

Jeff Jacobe

none

Gentry Lee

none

Christopher Sarofim

none

Charles Sheedy

none