Dreyfus MidCap Index

Ticker: PESPX


Investment Objective
The fund seeks to match the performance of the Standard & Poor's MidCap 400 Index.

Investment Strategy
To pursue its goal, the fund generally is fully invested in stocks included in the index, and in futures whose performance is tied to the index. The fund generally invests in all 400 stocks in the S&P MidCap 400 Index in proportion to their weighting in the index. The fund may also use stock index futures as a substitute for the sale or purchase of securities.

 Morningstar Category
 Mid-Cap Blend

 Morningstar Style Box

CUSIP: 712223106
General Information
Expense Ratio: 0.5%
Inception Date: 06/19/1991
Fund Manager: Thomas Durante
Managed Fund Since: 2000
Fund Phone Number: 800-645-6561
Fund Website: www.dreyfus.com
Top 5 Holdings (as of 01/31/2010)
EMINI S&P MIDCAP  1.02%
Vertex Pharmaceuticals  0.84%
Newfield Exploration Company  0.74%
New York Community Bancorp, Inc.  0.71%
Cree, Inc.  0.66%

Be aware that there are significant differences in risk among investment asset classes. Refer to the investment pyramid for a complete listing of disclosures. Shares of a mutual fund will fluctuate so that, when redeemed, they may be worth more or less than their original cost. Refer to the fund’s prospectus for complete information on the risks and expenses involved with a particular investment. Please note that some fund companies may waive a portion of these expenses.

With an index fund, there is no assurance that the performance of the fund will track the benchmark. An index is unmanaged and it is not possible to invest directly in an index.

The program(s) include certain services provided by Lincoln Financial Advisors Corp. (LFA), a broker-dealer (member FINRA) and an affiliate of Lincoln Financial Group, 1300 S. Clinton St., Fort Wayne, IN 46802. Unaffiliated broker-dealers also may provide services to customers.

This information must be preceded or accompanied by prospectuses for the funds listed. The most current information on a specific mutual fund, including risk, fees and expenses can be viewed online at www.LincolnAlliance.com. Paper copies of prospectuses can be requested by calling 800-234-3500. Read the prospectus carefully before investing.

The Morningstar® category is assigned based on the underlying securities in each portfolio as measured by the portfolio statistics and compositions over the past three years.

The Morningstar Style BoxTM provides a graphical representation of the investment style of stocks and mutual funds. For stocks and stock funds, it classifies securities according to market capitalization (the vertical axis) and growth and value factors (the horizontal axis). Fixed income funds are classified according to credit quality (the vertical axis) and sensitivity to changes in interest rates (the horizontal axis).

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The mutual fund information is compiled by NewRiver, Inc., from documents filed with the Securities & Exchange Commission’s EDGAR database. The information is provided on an ‘as is’ basis and without warranties.