Dreyfus Lion Account ®

Dreyfus Lion Account^® FAQs

Q: What is the Dreyfus Lion Account^®?

A: Dreyfus Lion Account^® is an all-in-one investment management resource that provides the tools and resources you need to make managing your finances easier. You can choose from a wide variety of feature options, including online trading capabilities, consolidated account statements, and investment guidance.

Q: What kinds of investments are available within the Dreyfus Lion Account^®?

A: The Dreyfus Lion Account^® offers a wide range of investment choices, including:

Over 8,000 Mutual Funds — many with no transaction fees!¹ — from Dreyfus and other well known fund companies

Stocks

Fixed-Income Products including Treasury Instruments, Zero Coupon Bonds, Corporate Bonds, Municipal Bonds and Certificates of Deposit

Equity and Index Options

Q: How is the Dreyfus Lion Account^® different from a Dreyfus mutual fund account?

A: While a Dreyfus mutual fund account allows you to invest within the Dreyfus family of mutual funds, the Dreyfus Lion Account^® gives you access and the flexibility to invest in more than 8,000 mutual funds — many with no transaction fees!¹ — from Dreyfus and other leading mutual fund companies. The Dreyfus Lion Account^® gives you the opportunity to buy or sell stocks, bonds and options at competitive commission rates.

Q: How can I open a Dreyfus Lion Account^®?

A: Opening a Dreyfus Lion Account^® is easy and convenient. You can establish a Dreyfus Lion Account^® with a personal check, by transferring funds from another financial institution, or you can transfer your existing Dreyfus mutual fund account(s).

Download an application from the Dreyfus Lion Account^® forms page.

Complete the application.

Mail your signed application along with your initial deposit to:

MBSC Securities Corporation
P.O. Box 9007
Hicksville, New York 11802–9007

You will generally be able to begin investing within 24 hours of receipt of your application and initial deposit.

If you have any questions or would like to receive an enrollment kit by mail, call 1-800-THE-LION or 1-800-843-5466, or visit your nearest Dreyfus Financial Center.

Q: I already have a Dreyfus mutual fund account. What do I have to do to transfer to a Dreyfus Lion Account^®?

A: Just complete the Dreyfus Lion Account^® application. In the "Investment Method" section, provide the information regarding the Dreyfus mutual fund account(s) you want to transfer to your new Dreyfus Lion Account^®.

Q: How can I transfer assets from another financial institution into a Dreyfus Lion Account^®?

A: To transfer securities or cash from another financial institution, just complete the Dreyfus Lion Account^® Transfer Form and attach your most recent statement. The Transfer Form can be accessed by clicking on following link: http://www.dreyfus.com/lionaccount/forms_download.htm

Q: What are the initial investment minimums?

A: Retirement accounts have an initial minimum requirement of $1,000.
Assets can be in the form of a contribution, rollover from an employer-sponsored plan or a transfer from an existing IRA at another financial institution.

Non-retirement accounts have an initial minimum requirement of $10,000.
Asset management accounts (AMA) have an initial minimum requirement of $10,000.

Q: Must I maintain a minimum balance?

A: If assets fall below $10,000 in the three months prior to the account anniversary opening date, a low balance fee of $25.00 is charged during the month the account was established.

Q: How can I view my account information online?

A: To activate your account for online viewing and trading capabilities, contact your Dreyfus Advisor or a Dreyfus representative at 1-800-THE-LION (1-800-843-5466). Once you have activated your account you will be able to:

Place trades.

View stock holdings, cash and margin balances.

Check the status of your orders.

View two years of account transaction history.

See for yourself just how easy and convenient it can be to access your Dreyfus Lion Account^® online.

Q: Who can I contact if I've forgotten my password?

A: If you have forgotten your password you should contact your Dreyfus Advisor or a Dreyfus representative at 1-800-THE-LION (1-800-843-5466).

Q: Can I tailor the Dreyfus Lion Account^® to meet my specific needs?

A: Yes, the Dreyfus Lion Account^® is designed to be flexible enough to meet just about any investor's needs. You can choose a Cash, Margin or Option account and a structure that is right for your investment objectives. You can even select to hold a separately managed account by participating in the Dreyfus Managed Asset Program.² Listed below are some examples of accounts available through the Dreyfus Lion Account^®.

Individual
Joint
Business
DMAP
UGMA/UTMA
Trust
Estate
Traditional IRA
Rollover IRA
Roth IRA

Q: Can I use the Dreyfus Lion Account^® to make my IRA investments?

A: Yes, the Lion IRA Account is an all-in-one retirement account that makes it easy to manage your retirement money. It offers you a wide variety of assets to choose from, access to mutual funds from Dreyfus and other leading mutual fund companies in addition to stocks, bonds and covered option writing. You can open a new Lion IRA Account (Traditional or Roth) with a contribution or consolidate multiple IRA accounts into one easy-to-manage account.

Please consult your tax and/or legal advisor before making any IRA investment decisions.

Q: Does the Dreyfus Lion Account^® offer a "sweep" money market feature?

A: Yes. In fact, the "sweep" money market fund is the core of your Dreyfus Lion Account^®. Deposits, including investment dividends and proceeds from any sale, first go into your sweep money market fund. All proceeds in your "sweep" money market earn interest daily, until they are transferred as directed by you. You can access these funds automatically when you write a check, use your debit card or use these liquid assets to invest in mutual funds or individual securities. Other withdrawals, such as bill payments or transaction fees, are also deducted from this account.

Q: What types of money market funds³ can I choose from?

A: Choose the "sweep" money market fund that is right for you. The Dreyfus Lion Account^® offers both taxable and tax-exempt "sweep" money markets.

Taxable Money Markets

Dreyfus Money Market Reserves

Dreyfus U.S. Treasury Reserves

Dreyfus AMT Free Municipal Reserves

Tax-Exempt Money Markets⁴

Dreyfus Pennsylvania Municipal Money Market

Dreyfus New Jersey Municipal Money Market

General New York Municipal Money Market

Dreyfus Massachusetts Municipal Money Market

Dreyfus California Municipal Money Market

Dreyfus Connecticut Municipal Money Market

Q: How do I obtain information about the current yields offered on the "sweep" money market funds?

A: For information regarding current "sweep" money market fund yields, call us at 1-800-THE-LION (1-800-843-5466).

Q: Can I open a margin account with the Dreyfus Lion Account^®?

A: Yes. If you qualify for margin⁵, you can borrow up to 50% of the market value of most marginable common stocks and up to 90% of the market value of U.S. Treasury securities. Other securities have different borrowing limits. Please read your Dreyfus Lion Account^® Client Agreement and margin disclosure for more information regarding margin lending.

Q: How do I obtain information about the current rate charged on margin loans?

A: For information regarding current margin lending rates, call us at 1-800-THE-LION (1-800-843-5466).

Q: Can I write checks against my Dreyfus Lion Account^® funds?

A: Yes, you can write checks against the money market selected as your "sweep" fund.

Q: Does the Dreyfus Lion Account^® offer a debit card?

A: Yes. With the Dreyfus Lion Account^® Gold MasterCard Debit Card, you can enjoy the conveniences of an ATM card — and checkbook — all in one. Use it to access cash from your "sweep" account (up to $1,000 per day subject to machine and/or account authorization limits)⁶ or to check balances at any ATM that displays the MasterCard or CIRRUS logo.⁷ You can also use it for purchases at any of the locations accepting MasterCard worldwide.

Q: Can I trade online?

A: Once you have activated your Dreyfus Lion Account^® for online account access and trading, you can enjoy the convenience of sending orders to the marketplace directly from your personal computer.

Trade mutual funds, stocks, bonds and options at your convenience day or night.⁸

Choose from over 8,000 mutual funds — many with no transaction fees⁹— from Dreyfus and other leading companies;

To activate your account for online access and trading, just call 1-800-THE-LION (1-800-843-5466).

Q: When can I speak with a customer service representative?

A: You can speak with a customer service representative from 8:00 a.m. to 6:00 p.m., EST, Monday through Friday, by calling 1-800-THE-LION (1-800-843-5466).

Q: What type of account protection is available for Dreyfus Lion Account^® clients?

A: You receive the highest level of account coverage in the marketplace today — unlimited account protection for the securities and cash awaiting reinvestment held in custody by Pershing for your account. The Securities Investor Protection Corporation (SIPC) provides the first $500,000 of protection, no more than $100,000 of which may be in cash awaiting reinvestment. Money market funds held in a brokerage account are considered securities. The remaining protection is provided by a commercial insurer. This account protection applies when member firms fail financially and are unable to meet obligations to securities customers, but does not protect against losses from the rise and fall in the market value of investments.

Q: Where are Dreyfus Financial Centers located?

A: Review our list of Dreyfus Financial Centers to find the most convenient center to your home or business.

1.	Funds available without transaction fees are subject to minimum transaction amounts and holding periods. Consult the Dreyfus Lion Account^® Fee and Commission Schedule for details. Please refer to each fund's prospectus for details and read it carefully before investing.
2.	Higher minimums may apply.
3.	A money market fund investment is neither insured nor guaranteed by the U.S. government or FDIC. There can be no assurance that a stable $1.00 share price can be maintained. The fund's yield will fluctuate. For more information, please see the fund's prospectus.
4.	State-specific funds may not be available in all states. For more information, please see the fund's prospectus, which contains more complete information including charges and expenses. Read the prospectus carefully before investing.
5.	Subject to credit approval.
6.	Subject to applicable fee.
7.	Account balances provided are for cash money market "sweep" accounts only, and do not include the value of securities held in your Dreyfus Lion Account^®.
8.	Orders executed during market hours only, 9:30 a.m. – 4:00 p.m. EST, Monday through Friday.
9.	Some fees may apply. See the fund's prospectus and Client Agreement for details. A fund family reserves the right to modify its fees at any time.

These materials are not an offer to sell or a solicitation of an offer to buy any security, nor shall any such security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made.

Please e-mail your comments and questions to us at lionaccount@dreyfus.com.

1-800-THE-LION is a federally registered trademark of MBSC Securities Corporation.