DREYFUS ASSET ALLOCATION FUND INC
497, 1995-09-07
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                           FOR USE BY BANKS ONLY
                                                         September 1, 1995
                    DREYFUS ASSET ALLOCATION FUND, INC.
                         Supplement to Prospectus
                          Dated September 1, 1995
        All mutual fund shares involve certain investment risks, including
the possible loss of principal.
        550/s090195BNK



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