MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 17, 2007 Dreyfus Plans Two Funds Dreyfus plans to add two new funds to its Dreyfus/Laurel Funds Trust series. On Tuesday, Dreyfus filed with the SEC to launch the Dreyfus Premier Global Equity Fund and the Dreyfus Premier 130/30 Growth fund. The Global Equity fund seeks total return and will focus on dividend-paying stocks of companies located in the developed capital markets, such as the United States, Canada, Japan, Australia, Hong Kong and Western Europe, according to the filing. The fund ordinarily invests in at least three countries, and, at times, may invest a substantial portion of its assets in a single country. A,C,I and T shares will be offered. The expense ratios are; 150 bps for A shares, 225 bps for C shares, 125 bps for I shares and 175 bps for T shares. The 130/30 fund will take both long and short positions in stocks chosen through a quantitatively-driven investment process. The fund will focus on the stocks of companies characterized as growth companies, generally with market capitalizations of greater than $2 billion. The fund's equity investments may include common stocks, preferred stocks, convertible securities, warrants and securities issued by real estate investment trusts (REITs). A,C,I and T shares will be offered for this fund as well. The expense ratios are; 205 bps for A shares, 280 bps for C shares, 180 bps for I shares and 230 bps for T shares. Printed from: MFWire.com/story.asp?s=16129 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |