December 2, 1995
DREYFUS GLOBAL GROWTH, L.P. (A STRATEGIC FUND)
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1995,
AS REVISED AUGUST 1, 1995
At a special meetign of the Fund's Limited Partners held on December 1,
1995 the Limited Partners approved an Agreement and Plan of Reorganization
(the "Plan") to reorganize the Fund into a Massachusetts business trust (the
"Reorganization"). Effective January 1, 1996, the Fund, as reorganized, will
have the same investment objective and management policies and will continue
to be managed by the same investment personnel and pay the same investment
advisory fee. In addition, the Fund, as reorganized, will have the same
purchase and redemption options and will offer the same investor services.
Upon consummation of the Reorganization, the Fund's name will become Dreyfus
Global Growth Fund.
PARTNERS SHOULD CONSULT THEIR TAX ADVISERS REGARDING THE TAX
CONSEQUENCES OF THE REORGANIZATION TO THEM, INCLUDING STATE AND LOCAL TAX
CONSEQUENCES.
THE FOLLOWING INFORMATION SUPPLEMENTS OR REPLACES THE INFORMATION
CONTAINED IN THE SECTIONS OF THE FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF
THE FUND," "HOW TO BUY FUND SHARES," "INVESTOR SERVICES," AND "HOW TO REDEEM
FUND SHARES":
Effective December 1, 1995, Dreyfus Transfer, Inc., a wholly-owned
subsidiary of The Dreyfus Corporation, located at One American Express Plaza,
Providence, Rhode Island 02903, serves as the Fund's Transfer and Dividend
Disbursing Agent (the "Transfer Agent").
Effective January 1, 1996, the telephone number for the following
transactions is 1-800-645-6561 or, if you are calling from overseas,
516-794-5452:
* Dreyfus TELETRANSFER Privilege
* Telephone Exchange Privilege
* Wire Redemption Privilege
* Telephone Redemption Privilege
033s120295
December 2, 1995
DREYFUS GLOBAL GROWTH, L.P. (A STRATEGIC FUND)
Supplement to Statement of Additional Information
Dated May 1, 1995, As Revised August 1, 1995
The following information supplements or replaces the information
contained in the following indicated sections of the Fund's Statement of
Additional Information:
PURCHASE OF FUND SHARES
Dreyfus TeleTransfer Privilege. Dreyfus TeleTransfer purchase orders
may be made at any time. Purchase orders received by 4:00 P.M., New York
time, on any business day that Dreyfus Transfer, Inc., the Fund's transfer
and dividend disbursing agent (the "Transfer Agent"), and the New York Stock
Exchange are open for business will be credited to the shareholder's Fund
account on the next bank business day following such purchase order.
Purchase orders made after 4:00 P.M., New York time, on any business day the
Transfer Agent and the New York Stock Exchange are open for business, or
orders made on Saturday, Sunday or any Fund holiday (e.g., when the New York
Stock Exchange is not open for business), will be credited to the
shareholder's Fund account on the second bank business day following such
purchase order.
CUSTODIAN, TRANSFER AND DIVIDEND DISBURSING AGENT,
COUNSEL AND INDEPENDENT AUDITORS
Dreyfus Transfer, Inc., a wholly owned subsidiary of the Manager, is
located at One American Express Plaza, Providence, Rhode Island 02903, and
serves as the Fund's transfer and dividend disbursing agent. Under a
transfer agency agreement with the Fund, the Transfer Agent arranges for the
maintenance of shareholder account records for the Fund, the handling of
certain communications between shareholders and the Fund and the payment of
dividends and distributions payable by the Fund. For these services, the
Transfer Agent receives a monthly fee computed on the basis of the number of
shareholder accounts it maintains for the Fund during the month, and is
reimbursed for certain out-of-pocket expenses. The Transfer Agent has no
part in determining the investment policies of the Fund or which securities
are to be purchased or sold by the Fund.
