Dreyfus has introduced two funds-of-funds, the Dreyfus Satellite Alpha Fund and the Dreyfus Diversified Global Fund.

The Satellite Alpha Fund invests in mutual funds that favor non-traditional asset classes, including commodities, currencies and real estate.

“Many individual investors are seeking a professionally managed solution that enables them to invest in non-traditional asset classes that have low correlations to traditional asset classes, especially in the wake of the recent financial crisis, said Phil Maisano, vice chairman and chief investment officer for Dreyfus.

The Global Fund will invest in a wide variety of international funds managed with different points of view and investment philosophies, Maisano said.

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