DEFA14A
PROXY STATEMENT PURSUANT TO SECTION 14 (a)
OF THE SECURITIES EXCHANGE ACT OF 1934
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The Dreyfus/Laurel Funds, Inc.
- Dreyfus Core Equity Fund
(Name of Registrant as Specified In Its Charter)
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For use with Financial Professionals only. Not for use with the general public.
Dear Advisor,
Thank you for your time earlier today. As we discussed, The Dreyfus Corporation recommended, and the Board of Directors for Dreyfus Core Equity Fund (the "Fund") unanimously approved, the merger of the Fund into Dreyfus Worldwide Growth Fund (the “Acquiring Fund”).
THIS MERGER WILL OFFER FUND SHAREHOLDERS CERTAIN POTENTIAL BENEFITS, INCLUDING:
1. The larger combined fund will have in excess of $815 million in assets (based on assets as of Feb 28, 2018).
Dreyfus Worldwide Growth Fund, with $643.5 million in assets as of Feb 28, 2018, is a much larger fund than Dreyfus Core Equity Fund, which had $172.0 million in assets as of Feb 28, 2018.
2. The larger combined fund will have lower total annual expense ratios than the Fund
3. The funds have substantially similar investment management policies
4. The larger combined fund will benefit from more efficient portfolio management and will eliminate duplication of resources and costs to manage each fund independently
5. The funds have comparable performance records
For more details on the proposed merger, including the risks associated with investments in the funds, please refer to the Prospectus/Proxy Statement. You may obtain another copy of the statement by contacting us at 1-877-478-5047
WHAT DO WE NEED FROM YOU?
While the merger offers many potential benefits to Fund shareholders, the merger cannot be implemented without obtaining the required authorization from Fund shareholders.
With the proxy campaign underway, we are already seeing a favorable response; however, the Fund has not received the necessary votes to meet the vote requirement. Unless a sufficient number of votes are obtained, the merger cannot take place.
At this point, we have not received your CLIENT’S vote and would greatly appreciate you FOLLOWING UP WITH shareholders OF THE DREYFUS CORE EQUITY FUND.
VOTING OPTIONS:
1. BY PHONE. Clients may cast their vote by telephone by calling the toll free number listed on the proxy card and following the prerecorded information, or 1-877-478-5047 to cast their vote with a live proxy specialist, quickly and easily.
2. INTERNET. Clients may cast their vote using the Internet by logging onto the Internet address located on the proxy card and following the instructions on the website.
3. VIA MAIL. Clients may cast their vote by mail by signing, dating and mailing the proxy card in the postage-prepaid return envelope provided.
