Investing as it should be
The Dreyfus retail business will now be known as BNY Mellon Investment Management.
What does this mean?
- The Dreyfus name on our 94 U.S.-based long-term mutual funds has been replaced with BNY Mellon.
- Given the strong heritage of Dreyfus as a leader in cash management, our BNY Mellon Cash Investment Strategies division has been renamed Dreyfus Cash Investment Strategies. The 27 Dreyfus-managed money market funds have retained the Dreyfus brand name.
- There are no changes to the investment objectives, strategies, portfolio managers or sub-investment advisers of any of our mutual funds as a direct result of the brand change.
- Some CUSIPs have changed along with the names of our long-term mutual funds. The fund tickers have remained the same.
As investors, we know you are dealing with a multitude of changes in the industry. From regulatory pressures and social change, to technological advancements and changing business models.
Against this backdrop, we appreciate that you need and want creative and critical thinkers, competitive pricing, diversified solutions, quality reporting and service. We understand you are looking for new approaches, models and ways of solving challenges, while having confidence such a company can provide the necessary size, scale and distribution capability.
This suits us perfectly.
Through our eight distinct and forward-thinking investment firms, we have expertise across every major asset class, investment style and solution type. This is backed by the strength, scale and proven financial stewardship of BNY Mellon, enabling us to deliver the best of both worlds.
An important aspect in providing top-class service is to help you identify and access the full suite of capabilities we have globally. That is why BNY Mellon Investment Management is now our consistent retail brand across the world and BNY Mellon the name on all of our U.S.-domiciled long-term mutual funds.
The Dreyfus Family of Funds was renamed the BNY Mellon Family of Funds. The Dreyfus Corporation name was replaced with BNY Mellon Investment Adviser, Inc. (the investment adviser for the BNY Mellon Family of Funds), and MBSC Securities Corporation was replaced with BNY Mellon Securities Corporation (the distributor for the BNY Mellon Family of Funds).
To maintain the strong heritage of Dreyfus as a recognized leader in cash management, Dreyfus remains the brand on our 27 money market funds. The BNY Mellon Cash Investment Strategies division has been renamed Dreyfus Cash Investment Strategies.
We thank you for your continued relationship with us and look forward to building an even stronger partnership as, together, we navigate the journey ahead.
Investors should consider the investment objectives, risks, charges, and expenses of a fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.
There is no guarantee that any investment strategy or approach will be successful or achieve any particular level of results. All investment products involve risk of principal loss.
The products and services described on this web site are available only to U.S. residents and the information on this web site is only for such persons. The information on this web site is 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 consult a legal, tax or investment advisor in order to determine whether an investment product or service is appropriate for a particular situation. Share price, yield and investment returns of mutual funds fluctuate such that an investor's shares may be worth more or less than original cost upon redemption. Diversification and asset allocation cannot ensure a profit or protect against loss.
Financial intermediary and institutional investor activities are serviced by N.A Distribution, a division of BNY Mellon Securities Corporation, distributor of the BNY Mellon Family of Funds. BNY Mellon Investment Management is one of the world’s leading investment management organizations and one of the top U.S. wealth managers, encompassing BNY Mellon’s affiliated investment management firms, wealth management organization and global distribution companies. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the corporation as a whole or its various subsidiaries generally. Dreyfus Cash Investment Strategies is a division of BNY Mellon Investment Adviser, Inc. BNY Mellon Investment Adviser, Inc. and BNY Mellon Securities Corporation are subsidiaries of The Bank of New York Mellon Corporation.
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