XML 42 R65.htm IDEA: XBRL DOCUMENT v2.4.0.8
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 total return.

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 certain funds in the Dreyfus Family of Funds. More information about these and other discounts is available from your financial professional and in the Shareholder Guide section beginning on page 11 of this 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 2014-07-01
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 1.65% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 1.65%
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 certain funds in the Dreyfus Family of Funds.
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 waiver/reimbursement by The Dreyfus Corporation. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption You would pay the following expenses if you did not redeem your shares:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

To pursue its goal, the fund normally invests in instruments that provide investment exposure to global equity, bond and currency markets, and in fixed-income securities. The fund will seek to achieve investment exposure to global equity, bond and currency markets primarily through long and short positions in futures, options or forward contracts, which should enable the fund's portfolio managers to implement investment decisions quickly and cost-effectively. The fund also will invest in fixed-income securities, such as bonds, notes (including structured notes), and money market instruments, to provide exposure to bond markets and for liquidity and income. The fund's portfolio managers seek to deliver value added excess returns ("alpha") by applying a systematic, quantitative investment approach designed to identify and exploit relative misvaluations across and within global capital markets. Active investment decisions to take long or short positions in individual country, equity, bond and currency markets are driven by this quantitative investment process and seek to capitalize on alpha generating opportunities within and among the major developed capital markets of the world.

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.


· Allocation risk. The ability of the fund to achieve its investment goal depends, in part, on the ability of the fund's portfolio manager to allocate effectively the fund's assets among equities, bonds and currencies. There can be no assurance that the actual allocations will be effective in achieving the fund's investment goal.


· Correlation risk. Although the prices of equity securities and fixed-income securities, as well as other asset classes, often rise and fall at different times so that a fall in the price of one may be offset by a rise in the price of the other, in down markets the prices of these securities and asset classes can also fall in tandem. Because the fund allocates its investments among different asset classes, the fund is subject to correlation risk.


· 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.


· Credit risk. Failure of an issuer to make timely interest or principal payments, or a decline or perception of a decline in the credit quality of a bond, can cause a bond's price to fall, potentially lowering the fund's share price. The lower a bond's credit rating, the greater the chance – in the rating agency's opinion – that the bond issuer will default or fail to meet its payment obligations.


· Interest rate risk. Prices of bonds tend to move inversely with changes in interest rates. Typically, a rise in rates will adversely affect bond prices and, accordingly, the fund's share price. The longer the effective maturity and duration of the fund's fixed-income portfolio, the more the fund's share price is likely to react to interest rates. For example, the market price of a fixed-income security with a duration of three years would be expected to decline 3% if interest rates rose 1%. Conversely, the market price of the same security would be expected to increase 3% if interest rates fell 1%.


· 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.


· Foreign currency risk. Investments in foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedged positions, that the U.S. dollar will decline relative to the currency being hedged. Currency exchange rates may fluctuate significantly over short periods of time. Foreign currencies are also subject to risks caused by inflation, interest rates, budget deficits and low savings rates, political factors and government intervention and controls.


· Derivatives risk. A small investment in derivatives could have a potentially large impact on the fund's performance. The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highly volatile, illiquid and difficult to value. Certain types of derivatives, including swaps, forward contracts, over-the-counter options and certain hybrid instruments, involve greater risks than the underlying obligations because, in addition to general market risks, they are subject to illiquidity risk, counterparty risk, credit risk and pricing risk.


· Short sale risk. The fund may make short sales, which involves selling a security it does not own in anticipation that the security's price will decline. Short sales expose the fund to the risk that it will be required to buy the security sold short (also known as "covering" the short position) at a time when the security has appreciated in value, thus resulting in a loss to the fund.


· 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 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 in foreign securities tend to have greater exposure to liquidity risk than domestic securities.


· 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. 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. 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. More recent performance information may be available at www.dreyfus.com.


Since the fund's Class Y shares are new, past performance information is not available for Class Y shares as of the date of this prospectus. Class Y shares would have had substantially similar annual returns as Class A, C and I shares because 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.

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 Additional Market Index [Text] rr_PerformanceAdditionalMarketIndex The hybrid index is composed of 60% Morgan Stanley Capital International World Index (half-hedged) and 40% Citigroup World Government Bond Index (half-hedged).
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, 2009: 17.71%


Worst Quarter
Q4, 2008: -15.40%


The year-to-date total return of the fund's Class A shares as of March 31, 2013 was 4.83%.

Year to Date Return, Label rr_YearToDateReturnLabel The year-to-date total return of the fund's Class A shares
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2013
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 4.83%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.71%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.40%)
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction 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 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 tax-deferred arrangements such as 401(k) plans or individual retirement accounts.


The hybrid index is composed of 60% Morgan Stanley Capital International World Index (half-hedged) and 40% Citigroup World Government Bond Index (half-hedged).

Caption rr_AverageAnnualReturnCaption Average Annual Total Returns (as of 12/31/12)
Hybrid Index reflects no deduction for fees, expenses or taxes
  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 10.74%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.74%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.54% [1]
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Apr. 30, 2006
Citigroup World Government Bond Index (half-hedged) reflects no deduction for fees, expenses or taxes
  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 3.08%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 5.03%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 5.68% [1]
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Apr. 30, 2006
Morgan Stanley Capital International World Index (half-hedged) reflects no deduction for fees, expenses or taxes
  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 15.81%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.18%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.48% [1]
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Apr. 30, 2006
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_MaximumDeferredSalesChargeOverOther none [2]
Management fees rr_ManagementFeesOverAssets 1.10%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.75% [3]
Total annual fund operating expenses rr_ExpensesOverAssets 1.85% [4]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.35%)
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 1.50%
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 719
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,091
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,487
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,593
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 719
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 1,091
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,487
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,593
Annual Return 2007 rr_AnnualReturn2007 0.17%
Annual Return 2008 rr_AnnualReturn2008 (33.99%)
Annual Return 2009 rr_AnnualReturn2009 24.70%
Annual Return 2010 rr_AnnualReturn2010 13.11%
Annual Return 2011 rr_AnnualReturn2011 0.09%
Annual Return 2012 rr_AnnualReturn2012 8.40%
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 2.18%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.98%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 0.67%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate May 02, 2006
Class A | After Taxes on Distributions
  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 2.18%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.17%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 0.29%
Class A | After Taxes on Distributions and Sale of Fund Shares
  
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.42%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.93%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 0.38%
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_MaximumDeferredSalesChargeOverOther 1.00%
Management fees rr_ManagementFeesOverAssets 1.10%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.77% [3]
Total annual fund operating expenses rr_ExpensesOverAssets 2.62% [4]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.37%)
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 2.25%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 328
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 779
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,357
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,927
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 228
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 779
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,357
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,927
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 6.55%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.55%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 0.80%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate May 02, 2006
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_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 1.10%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.37% [3]
Total annual fund operating expenses rr_ExpensesOverAssets 1.47% [4]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.22%)
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 1.25%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 127
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 443
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 782
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,739
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 127
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 443
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 782
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,739
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 8.81%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.58%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.92%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate May 02, 2006
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_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 1.10%
Distribution (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses (including shareholder services fees) rr_OtherExpensesOverAssets 0.36% [3]
Total annual fund operating expenses rr_ExpensesOverAssets 1.46% [4]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.21%)
Total annual fund operating expenses (after fee waiver and/or expense reimbursement) rr_NetExpensesOverAssets 1.25%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses for Class Y are based on estimated amounts for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 127
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 441
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 777
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,728
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 127
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 441
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 777
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,728
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Since the fund's Class Y shares are new, past performance information is not available for Class Y shares as of the date of this prospectus.
[1] For comparative purposes, the value of the index on 4/30/06 is used as the beginning value on 5/2/06.
[2] 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.
[3] Other expenses for Class Y are based on estimated amounts for the current fiscal year.
[4] The Dreyfus Corporation has contractually agreed, until July 1, 2014, to waive receipt of its fees and/or assume the expenses of the fund so that the expenses of none of the classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.25%. On or after July 1, 2014, The Dreyfus Corporation may terminate this expense limitation at any time.