EVERGREEN EQUITY TRUST /DE/
497, 1999-07-12
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                          SUPPLEMENT TO PROSPECTUSES OF
                         EVERGREEN DOMESTIC GROWTH FUNDS


I.       Evergreen Fund, Evergreen Tax Strategic Equity Fund

         Effective August 2, 1999, the section of the prospectuses entitled "THE
FUNDS' PORTFOLIO MANAGERS" is supplemented to reflect the following change:

         Evergreen Fund, Evergreen Tax Strategic Equity Fund

         Jean Ledford and Richard Welsh became co-managers of the Fund in August
1999. Jean Ledford, CFA, became President and Chief Executive Officer of EAMC in
August 1999.  From February 1997 until she joined EAMC,  Ms. Ledford worked as a
portfolio  manager at American Century  Investments ("American Century").  From
1980 until she joined American  Century, Ms. Ledford was the investment director
at the State of Wisconsin Investment Board.

         Richard  Welsh  joined  EAMC as Senior  Vice  President  and  portfolio
manager in August  1999.  Prior to joining  EAMC,  he worked for five years as a
portfolio manager and analyst at American Century.



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July 12, 1999







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