SUPPLEMENT TO THE PROSPECTUSES AND
STATEMENT OF ADDITIONAL INFORMATION
OF
EVERGREEN SELECT COMMON STOCK FUND
(the "Fund")
Effective January 4, 1999, the prospectuses and Statement of Additional
Information of the Fund are hereby supplemented as follows:
Name
The name of the Fund will change to Evergreen Select Core Equity Fund.
January 4, 1999
SUPPLEMENT TO THE PROSPECTUSES
OF
EVERGREEN SELECT COMMON STOCK FUND
The Evergreen Select Equity Trust, Institutional Shares' prospectus and
Evergreen Select Equity Trust, Institutional Service Shares' prospectus are each
revised and supplemented as follows:
The tables under the section entitled "Expenses" for the Evergreen Select Common
Stock Fund (the "Fund") have been restated to reflect a change in the waiver
amounts for Management Fees and Other Expenses. Management Fees, Other Expenses
and Total Operating Expenses of the Fund will now be as follows:
(Institutional Shares):
Annual Fund Operating Expense (as a percentage of average daily net assets)
Management Fees Other Total Operating Expenses
(After Expense Waivers) 12b-1 Fees Expenses (After Expense Waivers)
0.60% NONE 0.10% 0.70%
Absent expense waivers and/or reimbursements, the Total Operating Expenses for
the Fund would be:
Management Fees 12b-1 Fees Other Expenses Total Operating Expenses
0.70% NONE 0.10% 0.80%
(Institutional Service Shares):
Annual Fund Operating Expenses (as a percentage of average daily net assets)
Management Fees Other Total Operating Expenses
(After Expense Waivers) 12b-1 Fees Expenses (After Expense Waivers)
0.60% 0.25% 0.10% 0.95%
Absent expense waivers and/or reimbursements, the Total Operating Expenses for
the Fund would be:
Management Fees 12b-1 Fees Other Expenses Total Operating Expenses
0.70% 0.25% 0.10% 1.05%
December 17, 1998
