EVERGREEN SELECT EQUITY TRUST
497, 2000-06-19
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                         SUPPLEMENT TO THE PROSPECTUSES
                                       OF
                            EVERGREEN BALANCED FUNDS,
                        EVERGREEN DOMESTIC GROWTH FUNDS,
                       EVERGREEN EQUITY AND INCOME FUNDS,
                       EVERGREEN GROWTH AND INCOME FUNDS,
              EVERGREEN INTERNATIONAL AND GLOBAL GROWTH FUNDS, and
                          EVERGREEN SELECT EQUITY FUNDS

--------------------------------------------------------------------------------
                                  SPECIAL OFFER
--------------------------------------------------------------------------------

This offer applies to the following funds only:

                            Evergreen Blue Chip Fund
                          Evergreen Capital Growth Fund
                            Evergreen Foundation Fund
                              Evergreen Growth Fund
                              Evergreen Omega Fund
                         Evergreen Perpetual Global Fund
                     Evergreen Perpetual International Fund
                          Evergreen Quality Income Fund
                      Evergreen Select Special Equity Fund
                         Evergreen Strategic Growth Fund
                             Evergreen Utility Fund
                      (Each a "Fund," together the "Funds")

         For the period from June 20, 2000 through July 31, 2000 (the  "Offering
Period"),  Evergreen  Distributor,  Inc. ("EDI"), the principal  underwriter for
each of the above  Funds,  will pay to selling  brokers  the full  amount of the
front end sales  charge  assessed  on  purchases  of Class A shares of the Funds
during the Offering Period, according to the following schedule:

                                                    Dealer Commission
           Amount of Investment                       As a % of NAV
 ------------------------------------------ -----------------------------------
 ------------------------------------------ -----------------------------------
 Up to $49,999                                            4.75%
 ------------------------------------------ -----------------------------------
 $50,000-$99,999                                          4.50%
 ------------------------------------------ -----------------------------------
 $100,000-$249,999                                        3.75%
 ------------------------------------------ -----------------------------------
 $250,000-$499,999                                        2.50%
 ------------------------------------------ -----------------------------------
 $500,000-$999,999                                        2.00%
 ------------------------------------------ -----------------------------------
 ------------------------------------------ -----------------------------------


         Purchases  of Class A shares of the Funds  during the  Offering  Period
will be at net asset value.  This offer does not change the existing schedule of
commissions to brokers for purchases of $1 million or more.

         In addition,  EDI will pay the selling  broker a commission  of 4.5% of
the offering  price on sales of Class B shares during the Offering  Period,  and
2.5% on sales of Class C shares during the Offering Period.




June 20, 2000                                                    554940    6/00



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