SUPPLEMENT TO THE PROSPECTUS OF
EVERGREEN DOMESTIC GROWTH FUNDS
I. Evergreen Strategic Growth Fund
Effective July 1, 2000, the Fund will change its name to Evergreen
Large Company Growth Fund.
Evergreen Stock Selector Fund
Evergreen Tax Strategic Equity Fund
Effective July 24, 2000, the section of the prospectus entitled "THE
FUNDS' PORTFOLIO MANAGERS" is supplemented to reflect the following change:
William E. Zieff joined First Capital Group (FCG) in January 2000 as
Managing Director of Global Structured Products. Mr. Zieff's previous experience
includes Managing Director and co-Chief Investment Officer of the Global Asset
Allocation group at Putnam Investments, Inc. from November 1996 to December
1998. From October 1992 until November 1996, Mr. Zieff was portfolio manager
and head of Asset Allocation at Grantham, Mayo Van Otterloo & Co. LLC.
June 30, 2000
II. Evergreen Stock Selector Fund
Effective October 13, 2000, page 18 of the prospectus under "FUND
FACTS" is revised to state:
Dividend Payment Schedule:
o Quarterly
October 13, 2000
III. Evergreen Fund
Effective January 1, 2001, Evergreen Domestic Growth Funds prospectus
is revised and supplemented as follows:
The tables under the section entitled "EXPENSES" for the Evergreen Fund
have been restated to reflect a change in the advisory fees. Management Fees,
Other Expenses, Total Fund Operating Expenses and Example of Fund Expenses will
now be as follows:
Annual Fund Operating Expenses
(expenses that are deducted from Fund assets)+
Total
Management Other Fund
Fees 12b-1 Fees Expenses Operating
Expenses
Class A 0.74% 0.25% 0.39% 1.38%
Class B 0.74% 1.00% 0.39% 2.13%
Class C 0.74% 1.00% 0.39% 2.13%
Class Y 0.74% 0.00% 0.39% 1.13%
+ Restated for the fiscal year ended 9/30/2000 to reflect current fees..
<PAGE>
The table below shows the total expenses you would pay on a $10,000 investment
over one-, three-, five- and ten-year periods. The example is intended to help
you compare the cost of investing in this Fund versus other mutual funds and is
for illustration only. The example assumes a 5% average annual return and that
you reinvest all of your distributions. Your actual costs may be higher or
lower.
Example of Fund Expenses
Assuming Redemption Assuming No
At End of Period Redemption
------------------------------- -------------------
After: Class A Class B Class C Class Y Class B Class C
1 year $ 609 $ 716 $ 416 $ 115 $ 216 $ 216
3 years $ 891 $ 967 $ 667 $ 359 $ 667 $ 667
5 years $1,194 $1,344 $1,144 $ 622 $1,144 $1,114
10 years $2,054 $2,182 $2,462 $1,375 $2,182 $2,462
January 1, 2001 556804 1/01
