A BNY MELLON COMPANY

Dreyfus Large Cap Growth Fund

  • Ticker: DAPAX
  • Product Code: 6574
  • CUSIP: 261986525
Share Class:

Fund Goal and Approach

The fund seeks to provide long-term capital appreciation.To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large capitalization companies. The fund considers large-cap companies to be those companies with market capitalizations of $5 billion or more at the time of purchase. The fund's investment philosophy is based on the premise that earnings growth is the primary determinant of long term stock appreciation. With this, the fund's portfolio manager uses an approach that combines top-down and bottom-up analysis. Therefore, stock selection and sector allocation are both factors in determining the fund's holdings. Fundamental financial analysis is used to identify companies that the portfolio manager believes offer one or more of the following characteristics, among others:

expected earnings growth rate exceeds market and industry trends;

potential for positive earnings surprise relative to market expectations;

positive operational or financial catalysts;

attractive valuation based on growth prospects; and

strong financial condition.

The fund may use listed equity options to seek to enhance returns and/or mitigate risk. The fund will engage in covered option transactions only, where the fund has in its possession, for the duration of the strategy, the underlying physical asset or cash to satisfy any obligation the fund may have with respect to the option strategy. The fund will limit investments in options to 20% (based on the notional value of the options) of the fund's total assets and will limit the value of all total premiums paid or received to 5% of the fund's total assets.

Risks

The fund is generally subject to market, market sector, market liquidity, issuer and investment style risks, to varying degrees, all of which are more fully described in the fund's prospectus.

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

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