Release Date: 06-30-2016
Dreyfus IP Small Cap Stock Index Portfolio — Service Shares
Investment Strategy from investment’s prospectus
The investment seeks to match the performance of the Standard &
Poor's SmallCap 600 Index. To pursue its goal, the fund invests in a
representative sample of stocks included in the S&P SmallCap 600
Index, and in futures whose performance is tied to the index. The
Advisor attempts to have a correlation between its performance and
that of the index of at least.95, before fees and expenses. The S&P
SmallCap 600 Index is an unmanaged index composed of 600 domestic
stocks.
Category Description: Small Blend
Small-blend portfolios favor U.S. firms at the smaller end of the marketcapitalization range and are flexible in the types of small caps they buy.
Some aim to own an array of value and growth stocks while others
employ a discipline that leads to holdings with valuations and growth
rates close to the small-cap averages.
Operations
Fund Inception Date
Initial Share Class Inception Date
Advisor
Dreyfus Corp
Subadvisor
—
05-01-02
05-01-02
Fees and Expenses as of 04-29-16
Gross Prospectus Expense Ratio
Net Prospectus Expense Ratio
Waiver Data
Expense Ratio
Type
Contractual
0.63%
0.60%
Exp.Date
%
0.03
Portfolio Manager(s)
Thomas J. Durante, CFA. B.A., Fairfield University. Since 2003.
Richard A. Brown, CFA. M.B.A., California State University. Since 2010.
Portfolio Analysis as of 05-31-16
Composition as of 05-31-16
U.S. Stocks
Non-U.S. Stocks
Bonds
Cash
Other
••
••
•
% Assets
98.54
0.23
0.00
1.17
0.06
Morningstar Style BoxTM as of 05-31-16
Top 20 Holdings as of 05-31-16
Piedmont Natural Gas Co Inc
Take-Two Interactive Software Inc
Southwest Gas Corp
EMCOR Group Inc
Helen Of Troy Ltd
% Assets
0.77
0.55
0.54
0.47
0.46
Statistics as of 05-31-16
P/E Ratio
P/B Ratio
P/C Ratio
GeoAvgCap($mil)
Spire Inc
Blackbaud Inc
ALLETE Inc
Avista Corp
Dycom Industries Inc
0.45
0.45
0.45
0.43
0.43
NorthWestern Corp
EnerSys
Healthcare Services Group Inc
Home BancShares Inc
B&G Foods Inc
0.43
0.43
0.42
0.42
0.42
Medidata Solutions Inc
ProAssurance Corp
Littelfuse Inc
PDC Energy Inc
Impax Laboratories Inc
0.41
0.41
0.41
0.40
0.40
598
—
19.72
320.56
Total Number of Stock Holdings
Total Number of Bond Holdings
Annual Turnover Ratio %
Total Fund Assets ($mil)
Volatility Analysis
% Mkt Cap
0.00
0.00
1.24
61.63
37.13
Giant
Large
Medium
Small
Micro
Stk Port Avg
19.32
1.87
7.77
1,379.14
Risk Measures as of 06-30-16
3 Yr Std Dev
3 Yr Sharpe Ratio
3 Yr Alpha
3 Yr Beta
3 Yr R-squared
Morningstar Sectors as of 05-31-16
Cyclical
Basic Materials
Consumer Cyclical
Financial Services
Real Estate
Port Avg
14.04
0.72
-1.82
1.03
68.48
S&P 500
18.44
2.57
10.04
73,993.55
Category
18.71
2.05
7.92
2,760.28
S&P 500
11.26
1.03
—
—
—
Category
14.44
0.50
-5.18
1.06
68.26
%Fund S&P 500 %
44.10
30.05
7.22
2.69
13.80
10.94
16.44
13.81
6.64
2.61
Sensitive
Communication Services
Energy
Industrials
Technology
37.49
1.20
2.40
17.03
16.86
40.53
4.45
7.40
11.06
17.62
Defensive
Consumer Defensive
Healthcare
Utilities
18.41
3.31
10.69
4.41
29.44
10.65
15.16
3.63
Investment
Low
Moderate
T
High
S
Category
In the past, this investment has shown a wide range of price
fluctuations relative to other investments. This investment may
experience significant price increases in favorable markets or undergo
large price declines in adverse markets. Some of this risk may be offset
by owning other investments that follow different investment
strategies.
Notes
This material is authorized for client use only when preceded or
accompanied by a Disclosure Statement, a product prospectus, a fund
prospectus and/or informational brochure containing more complete
information. These can be obtained from your investment professional
and should be read carefully before investing or sending money.
NOT A DEPOSIT — NOT FDIC INSURED — NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY — NOT GUARANTEED BY THE
INSTITUTION — MAY GO DOWN IN VALUE
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or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.