March 31, 2000
DREYFUS PREMIER EMERGING MARKETS FUND
SUPPLEMENT TO PROSPECTUS
DATED FEBRUARY 1, 2000
THE FOLLOWING INFORMATION SUPPLEMENTS AND SHOULD BE READ IN CONJUNCTION
WITH THE SECTION OF THE PROSPECTUS ENTITLED "GOAL/APPROACH - CONCEPTS TO
UNDERSTAND - EMERGING MARKET COUNTRIES."
In addition to the emerging market countries represented by the Morgan
Stanley Capital International Emerging Markets (Free) Index, the Fund may invest
in any other country Dreyfus believes has an emerging economy or market.
329s0300
