Navigating A Changing Interest Rate Environment
Over the past five years, a series of extraordinary market events followed by an unprecedented level of monetary policy intervention have led fixed income investors to an interest rate crossroad. While there is no way to know the direction or magnitude of interest rates, we believe now is the time for investors to review their asset allocations to determine if rebalancing their portfolios is advisable.
What Can Fixed Income Investors Do Now?
At Dreyfus, our highly trained representatives will work with you to help consider the potential impact of a new interest rate environment, and determine which asset allocation balance can help achieve an acceptable level of growth, income and downside protection.
In today’s complex environment, finding growth, income and downside protection solutions can be a challenge. So consider Dreyfus, as we offer a wide range of mutual fund solutions to help you meet your needs – in any rate environment.
Providing solutions for today’s changing rate environment. Contact a Dreyfus representative to learn more at 1-800-443-9790.
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.
Diversification and asset allocation cannot ensure a profit or protect against loss of principal.
Bond funds are subject generally to interest rate, credit, liquidity, prepayment and extension risk (as to mortgage-related holdings), call, sector and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes, and rate increases can produce price declines. High yield bond funds involve increased credit and liquidity risk compared with higher-quality bond funds. Below-investment-grade bonds are considered speculative as to the continuing ability of an issuer to make interest payments and repay principal. Equity funds are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees. Small and midsize companies carry additional risks because their earnings and revenues tend to be less predictable, and their share prices more volatile than those of larger, more established companies. Investing internationally involves special risks, including changes in currency exchange rates, political, economic and social instability, a lack of comprehensive company information, differing auditing and legal standards and less market liquidity. These risks tend to be greater among securities of issuers located in emerging markets. 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.