File No. 33-58248
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 [X]
Pre-Effective Amendment No. [ ]
Post-Effective Amendment No. 6 [X]
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [X]
Amendment No. 6 [X]
(Check appropriate box or boxes.)
Dreyfus International Equity Fund, Inc.
(Exact Name of Registrant as Specified in Charter)
c/o The Dreyfus Corporation
200 Park Avenue, New York, New York 10166
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (212) 922-6000
Daniel C. Maclean III, Esq.
200 Park Avenue
New York, New York 10166
(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check appropriate
box)
X immediately upon filing pursuant to paragraph (b)
----
on (date) pursuant to paragraph (b)
----
60 days after filing pursuant to paragraph (a)(i)
----
on (date) pursuant to paragraph (a)(i)
----
75 days after filing pursuant to paragraph (a)(ii)
----
on (date) pursuant to paragraph (a)(ii) of Rule 485
----
If appropriate, check the following box:
this post-effective amendment designates a new effective date for
a previously filed post-effective amendment.
----
Registrant has registered an indefinite number of shares of its common
stock under the Securities Act of 1933 pursuant to Section 24(f) of the
Investment Company Act of 1940. Registrant's Rule 24f-2 Notice for the
fiscal year ended May 31, 1995 was filed on July 13, 1995.
Dreyfus International Equity Fund, Inc.
Cross-Reference Sheet Pursuant to Rule 495(a)
Items in
Part A of
Form N-1A Caption Page
_________ _______ ____
1 Cover Page Cover
2 Synopsis 3
3 Condensed Financial Information 3
4 General Description of Registrant 4
5 Management of the Fund 6
5(a) Management's Discussion of Fund's Performance *
6 Capital Stock and Other Securities 18
7 Purchase of Securities Being Offered 7
8 Redemption or Repurchase 13
9 Pending Legal Proceedings *
Items in
Part B of
Form N-1A
- ---------
10 Cover Page Cover
11 Table of Contents Cover
12 General Information and History B-2; B-30
13 Investment Objectives and Policies B-2
14 Management of the Fund B-11
15 Control Persons and Principal B-15
Holders of Securities
16 Investment Advisory and Other B-15
Services
_____________________________________
NOTE: * Omitted since answer is negative or inapplicable.
Dreyfus International Equity Fund, Inc.
Cross-Reference Sheet Pursuant to Rule 495(a) (continued)
Items in
Part B of
Form N-1A Caption Page
_________ _______ _____
17 Brokerage Allocation B-26
18 Capital Stock and Other Securities B-28
19 Purchase, Redemption and Pricing B-19, B-20 and
of Securities Being Offered B-25
20 Tax Status *
21 Underwriters B-1 and B-19
22 Calculations of Performance Data B-29
23 Financial Statements B-36
Items in
Part C of
Form N-1A
_________
24 Financial Statements and Exhibits C-1
25 Persons Controlled by or Under C-4
Common Control with Registrant
26 Number of Holders of Securities C-4
27 Indemnification C-4
28 Business and Other Connections of C-5
Investment Adviser
29 Principal Underwriters C-11
30 Location of Accounts and Records C-14
31 Management Services C-14
32 Undertakings C-14
_____________________________________
NOTE: * Omitted since answer is negative or inapplicable.
Part A, Part B and Part C (except Item 24, which is included herein) are
incorporated by reference to Registrant's Post-Effective Amendment No. 5 to
the Registration Statement on Form N-1A, filed on September 28, 1995.
Dreyfus International Equity Fund, Inc.
PART C. OTHER INFORMATION
_________________________
Item 24. Financial Statements and Exhibits. - List
_______ _________________________________________
(a) Financial Statements:
Included in Part A of the Registration Statement
Condensed Financial Information for the period from June 29,
1993 (commencement of operations) to May 31, 1994 and for the
one year period ended May 31, 1995.
Included in Part B of the Registration Statement:
Statement of Investments--May 31, 1995
Statement of Assets and Liabilities--May 31, 1995
Statement of Operations--year ended May 31, 1995
Statement of Changes in Net Assets--for each of the
years ended May 31, 1994 and May 31, 1995
Notes to Financial Statements
Report of Ernst & Young LLP, Independent Auditors, dated
June 30, 1995
All Schedules and other financial statement information, for which provision
is made in the applicable accounting regulations of the Securities and
Exchange Commission, are either omitted because they are not required under
the related instructions, they are inapplicable, or the required information
is presented in the financial statements or notes thereto which are included
in Part B of the Registration Statement.
Item 24. Financial Statements and Exhibits. - List (continued)
_______ _____________________________________________________
(b) Exhibits:
(1) Registrant's Articles of Incorporation are incorporated by
reference to Exhibit (1) of Post-Effective Amendment No. 5 to the
Registration Statement, filed on September 28, 1995.
(2) Registrant's By-Laws are incorporated by reference to Exhibit (2)
of Post-Effective Amendment No. 5 to the Registration Statement,
filed on September 28, 1995.
(4) Specimen copy of Stock Certificate is incorporated by reference to
Exhibit (4) of Pre-Effective Amendment No. 2 to the Registration
Statement on Form N-1A, filed on June 28, 1993.
(5) Management Agreement is incorporated by reference to Exhibit (5)
of Post-Effective Amendment No. 5 to the Registration Statement,
filed on September 28, 1995.
(5)(a) Sub-Investment Advisory Agreement is incorporated by reference to
Exhibit (5)(a) of Post-Effective Amendment No. 5 to the
Registration Statement, filed on September 28, 1995.
(6)(a) Distribution Agreement is incorporated by reference to Exhibit
(6)(a) of Post-Effective Amendment No. 5 to the Registration
Statement, filed on September 28, 1995.
(6)(b) Form of Shareholder Services Agreement is incorporated by
reference to Exhibit (6)(b) of Post-Effective Amendment No. 5 to
the Registration Statement, filed on September 28, 1995.
(8) Custody Agreement is incorporated by reference to Exhibit (8) of
Post-Effective Amendment No. 5 to the Registration Statement,
filed on September 28, 1995.
(9) Shareholder Services Plan is incorporated by reference to Exhibit
(9) of Post-Effective Amendment No. 5 to the Registration
Statement, filed on September 28, 1995.
(10) Opinion and consent of Registrant's Counsel is incorporated by
reference to Exhibit (10) of Post-Effective Amendment No. 5 to the
Registration Statement, filed on September 28, 1995.
(11) Consent of Independent Auditors is incorporated by reference to
Exhibit (11) of Post-Effective Amendment No. 5 to the Registration
Statement, filed on September 28, 1995.
(15) Distribution Plan is incorporated by reference to Exhibit (15) of
Post-Effective Amendment No. 5 to the Registration Statement,
filed on September 28, 1995.
(16) Schedule of Computation of Performance Data is incorporated by
reference to Exhibit (16) of Post-Effective Amendment No. 1 to the
Registration Statement on Form N-1A, filed on December 27, 1993.
Item 24. Financial Statements and Exhibits. - List (continued)
_______ _____________________________________________________
Other Exhibits
______________
(a) Powers of Attorney of the Directors are incorporated by
reference to Other Exhibits (a) of Post-Effective
Amendment No. 5 to the Registration Statement, filed on
September 28, 1995.
(b) Certificate of Assistant Secretary is incorporated by
reference to Other Exhibits (c) of Post-Effective
Amendment No. 5 to the Registration Statement, filed on
September 28, 1995.
(c) Fund Profile.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant certifies that it meets all
of the requirements for effectiveness of this Amendment to the Registration
Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has
duly caused this Amendment to the Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of New
York, and State of New York on the day of October, 1995.
Dreyfus International Equity Fund, Inc.
BY: /s/Marie E. Connolly *
__________________________________________
MARIE E. CONNOLLY, PRESIDENT
Pursuant to the requirements of the Securities Act of 1933, this
Amendment to the Registration Statement has been signed below by the
following persons in the capacities and on the dates indicated.
Signatures Title Date
__________________________ _______________________________ ________
/s/Marie E. Connolly* President and Treasurer (Principal 10/ /95
_____________________________ Executive and Principal Financial
Marie E. Connolly and Accounting Officer)
/s/Joseph S. DiMartino* Director 10/ /95
_____________________________
Joseph S. DiMartino
/s/David P. Feldman* Director 10/ /95
_____________________________
David P. Feldman
/s/John M. Fraser, Jr.* Director 10/ /95
_____________________________
John M. Fraser, Jr.
/s/Robert R. Glauber* Director 10/ /95
_____________________________
Robert R. Glauber
/s/James F. Henry* Director 10/ /95
_____________________________
James F. Henry
Signatures Title Date
__________________________ _______________________________ _________
/s/Rosalind Gersten Jacobs* Director 10/ /95
_____________________________
Rosalind Gersten Jacobs
/s/Irving Kristol* Director 10/ /95
_____________________________
Irving Kristol
/s/Paul A. Marks* Director 10/ /95
_____________________________
Paul A. Marks
/s/Martin Peretz* Director 10/ /95
_____________________________
Martin Peretz
/s/Bert W. Wasserman* Director 10/ /95
_____________________________
Bert W. Wasserman
*BY: /s/ Eric B. Fischman
__________________________
Eric B. Fischman,
Attorney-in-Fact
EXHIBIT INDEX
Other Exhibits
Fund Profile 1
Dreyfus International Equity Fund, Inc.
1 INVESTMENT OBJECTIVE
The goal of Dreyfus International Equity Fund is to provide you with
capital growth primarily through investments in foreign equity
securities.
2 INVESTMENT STRATEGY
The Fund invests primarily in equity securities, including common
stocks, preferred stocks, and convertible securities of foreign
issuers.
It also may invest in foreign debt securities that offer opportunities
for capital growth. The Fund may engage in certain advanced trading
techniques such as foreign exchange transactions and options and
futures
transactions.
3 INVESTMENT RISKS AND
POTENTIAL REWARDS
Risks
* The Fund's net asset value and investment return fluctuate,
when
you sell your shares you may receive more or less than the amount you
paid for them.
* Equity securities fluctuate in value, often based on factors
unrelated to the value of the issuer or the securities, and that
fluctuation can be pronounced. These fluctuations will affect the
value of a Fund share and thus the Fund's total return to investors.
* Investments in foreign securities and the use of advanced
trading techniques can involve greater risk and may be less liquid
and
more volatile than more conventional investments.
* As a non-diversified fund, a relatively high percentage of the
Fund's assets may be invested in the securities of a limited number
of
issuers. Accordingly, the Fund may be more susceptible to any single
economic, political or regulatory occurrence than a diversified fund.
Rewards
* This Fund seeks the capital growth potential that foreign
investing offers.
* Successful use of advanced trading techniques may result in
increased total return.
4 APPROPRIATE FOR INVESTORS WHO:
* Are seeking capital growth through a portfolio consisting
primarily of foreign equity securities.
* Are purchasing as a supplement to an overall investment program
and are willing to undertake the risks involved.
* Have an investment horizon of at least 5 years.
5 FEES AND EXPENSES
Shareholder Transaction Expenses are paid by investors when purchasing
and/or
redeeming Fund shares.
Maximum Sales Load Imposed
on Purchases (as a percentage of
offering price) None
Annual Fund Operating Expenses are taken directly from the assets of the
Fund, and are reflected in the Fund's net asset value.
(as a percentage of average daily net assets)
Management Fees .75%
12b-1 Fees .56%
Other Expenses .72%
Total Fund Operating Expenses 2.03%
Example:
You would pay the following expenses on a $1,000 investment,
assuming (1) 5% annual return and (2) redemption at the end of each
time
period:
1 Year 3 Years 5 Years 10 Years
$21 $64 $109 $236
This is an illustration only; actual expenses and
returns will vary.
6 Past Performance
Exhibit 1
Average Annual Total Return
for period ended 9/30/95
1 Year From Inception (6/29/93)
-6.14% 7.01%
Past performance is no guarantee of future results; net asset value and
investment return fluctuate.
7 INVESTMENT ADVISER
The Dreyfus Corporation is the Fund's investment adviser. Dreyfus
has engaged M&G Investment Management Limited to serve as the Fund's
sub-investment adviser to provide day-to-day management of the Fund's
investments.
8 PURCHASES
The minimum initial investment is $2,500. The initial investment
must be accompanied by the Fund's Account Application. Subsequent
investments must be at least $100. You may purchase Fund shares by
check or wire, or by the Dreyfus TeleTransfer privilege.
9 REDEMPTIONS
You can sell Fund shares by written request, telephone, Dreyfus
TeleTransfer ($500 minimum, $150,000 maximum) and wire redemption
($1,000 minimum, $250,000 maximum). When a redemption request is
received in proper form, the Fund will redeem the shares at the next
determined net asset value.
10 DISTRIBUTIONS
Dividends and capital gains, if any, are declared and paid
annually. Dividends and capital gains can be mailed to you, sent
directly to your bank, swept into another Dreyfus account or reinvested
back into your Fund to purchase shares at net asset value.
11 OTHER SERVICES
* Telephone Exchange Privilege
* Dreyfus-AUTOMATIC Asset BuilderRegistration Mark
* Dreyfus Dividend Options
* Dreyfus Payroll Savings Plan
Mutual fund shares are not deposits or obligations of, or guaranteed or
endorsed by, any bank, and are not federally insured by the Federal Deposit
Insurance Corporation, the Federal Reserve Board, or any other agency. The
net asset value of funds of this type will fluctuate from time to time.
Calendar Year Total Return
Dreyfus
International Equity Fund,
Inc.
An equity
mutual fund
Fund Profile
This Profile contains key information about the Fund. More details appear in
the Fund's accompanying Prospectus.
Copy Rights 1995, Dreyfus Service Corporation, Broker-Dealer
Premier Mutual Fund Services, Distributor 095retpro1-9510
Registration Mark
October 1, 1995
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