strk1

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BZpCljeIpra72zeu0h3PIoamKlKYix0R2DGwrzikGMrQF4eLP3i4NGCuhvaXE4zj ln23PrT3eXCXIvZEDBavWQ== 0001056707-06-000011.txt : 20060629 0001056707-06-000011.hdr.sgml : 20060629 20060629110334 ACCESSION NUMBER: 0001056707-06-000011 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20060629 DATE AS OF CHANGE: 20060629 EFFECTIVENESS DATE: 20060629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DREYFUS INVESTMENT PORTFOLIOS CENTRAL INDEX KEY: 0001056707 IRS NUMBER: 134000024 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-47011 FILM NUMBER: 06932156 BUSINESS ADDRESS: STREET 1: C/O THE DREYFUS CORPORATION STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2129226789 MAIL ADDRESS: STREET 1: C/O THE DREYFUS CORPORATION STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166

0001056707 S000002776 Founders Discovery Portfolio

C000007605 Founders Discovery Portfolio - Initial Shares

C000007606 Founders Discovery Portfolio - Service Shares

0001056707 S000002777 Founders Growth Portfolio

C000007607 Founders Growth Portfolio - Initial Shares

C000007608 Founders Growth Portfolio - Service Shares

497 1 strk1.htm SUPPLEMENT TO PROSPECTUS strk1

June 29, 2006

FOUNDERS DISCOVERY PORTFOLIO
(A SERIES OF DREYFUS INVESTMENT PORTFOLIOS)

Supplement to Prospectus
dated May 1, 2006

Effective on or about July 1, 2006, the following information supersedes and replaces any contrary information contained in the section of the Portfolio’s Prospectus entitled “Management”:

The portfolio’s primary portfolio managers are James Padgett and Brad Orr. Messrs. Padgett and Orr have been the primary portfolio managers of the portfolio since April 2004. Mr. Padgett, a Chartered Financial Analyst, is a portfolio manager at The Boston Company Asset Management, LLC (“TBCAM”), an affiliate of Founders and Dreyfus, where he has been employed since July 2006. He also has been employed by Founders since 2002, where he served as an equity analyst from 2002 to 2004. Mr. Padgett was formerly an equity analyst for Berger Financial LLC from 2000 to 2002. Mr. Orr, a Chartered Financial Analyst, is a portfolio manager at TBCAM, where he has been employed since July 2006. He also has been employed by Founders since 1995, where he served as an equity analyst from 1997 to 2004.

June 29, 2006

FOUNDERS GROWTH PORTFOLIO
(A SERIES OF DREYFUS INVESTMENT PORTFOLIOS)

Supplement to Prospectus
dated May 1, 2006

Effective on or about July 1, 2006, the following information supersedes and replaces any contrary information contained in the section of the Portfolio’s Prospectus entitled “Management”:

John B. Jares is the portfolio’s primary portfolio manager. Mr. Jares, a Chartered Financial Analyst, has been the portfolio’s primary portfolio manager since November 2001. He is a portfolio manager at The Boston Company Asset Management, LLC, an affiliate of Founders and Dreyfus, where he has been employed since July 2006, and is a vice president of investments. He also has been employed by Founders since November 2001. Mr. Jares was formerly a vice president and senior portfolio manager at Delaware Investments from May 2000 to November 2001.

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