Fund Spotlight

Are You Properly Allocated for a Changing Rate Environment?

Investors Need to Look Beyond the News

Market volatility over the past few years may have led you to seek safer havens for your investments.  A variety of factors has kept interest rates low and if any of them change, the potential for increased volatility and risk exists:

  • Global growth recession
  • A near-zero federal funds rate for more than four years
  • Prospects for higher inflation

Now is the time to sit down with your financial advisor to review your asset allocation and determine if rebalancing a portion of your portfolio to equities  is appropriate. An area to consider is large cap growth:

  • Growth in any environment – as global growth slows, companies with strong   growth history typically have strong balance sheets and pay dividends
  • Attractive valuations – large cap growth stocks are currently less expensive than  other styles in any market cap size or style1

Learn more about large cap growth investing and consider Dreyfus Research Growth Fund as a large cap growth solution.  Or call us today at 1-800-896-2645.


Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Equity funds are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees.

Bond funds are subject generally to interest rate, credit, liquidity and market risks, to varying degrees, all of which are more fully described in a fund’s prospectus. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes, and rate increases can produce price declines.

Investing internationally involves special risks, including changes in currency exchange rates, political and economic instability, less market liquidity, lack of comprehensive company information, and differing auditing and legal standards. Emerging markets tend to be more volatile than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries.

The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets. A small investment in derivatives could have a potentially large impact on the fund’s performance.

Asset allocation and diversification cannot ensure a profit or protect against loss.


1 Source: Russell Investments, based on historical 12 month P/E. Price-to-earnings is the ratio of the market price of a firm’s common stock to its current (or predicted) earnings per share. Russell Investments is the owner of all copyrights and trademarks related to the Russell Indexes. Russell Index data reproduced in this report by permission.