SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION OF
                         EVERGREEN DOMESTIC GROWTH FUNDS


I.       Evergreen Capital Growth Fund
         Evergreen Growth Fund

         Effective   immediately,   the  section  in  the  Funds'  Statement  of
Additional  Information  entitled "OTHER SECURITIES AND PRACTICES" is revised to
reflect that the Funds may purchase the shares of other investment  companies to
the extent permitted under the Investment Company Act of 1940.


July 28, 2000



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