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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 22
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SIGNATURE J. KEVIN KENELEY
TITLE VP FUND ADMIN
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> EVERGREEN SELECT MONEY MARKET FUND CLASS A
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-01-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 2,287,484,820
<INVESTMENTS-AT-VALUE> 2,287,484,820
<RECEIVABLES> 11,839,355
<ASSETS-OTHER> 53,516
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,299,377,691
<PAYABLE-FOR-SECURITIES> 25,000,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,288,670
<TOTAL-LIABILITIES> 32,288,670
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,051,905,109
<SHARES-COMMON-STOCK> 1,051,905,109
<SHARES-COMMON-PRIOR> 575,331,860
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (164,248)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,051,740,861
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 49,769,698
<OTHER-INCOME> 0
<EXPENSES-NET> (1,682,071)
<NET-INVESTMENT-INCOME> 48,087,627
<REALIZED-GAINS-CURRENT> (163,291)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 47,924,336
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (48,087,627)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,210,325,753
<NUMBER-OF-SHARES-REDEEMED> (3,738,159,269)
<SHARES-REINVESTED> 4,406,765
<NET-CHANGE-IN-ASSETS> 476,409,958
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,309,780)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,682,071)
<AVERAGE-NET-ASSETS> 857,978,251
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.06)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 102
<NAME> EVERGREEN SELECT MONEY MARKET FUND CLASS B
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-01-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 2,287,484,820
<INVESTMENTS-AT-VALUE> 2,287,484,820
<RECEIVABLES> 11,839,355
<ASSETS-OTHER> 53,516
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,299,377,691
<PAYABLE-FOR-SECURITIES> 25,000,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,288,670
<TOTAL-LIABILITIES> 32,288,670
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,215,518,996
<SHARES-COMMON-STOCK> 1,215,518,996
<SHARES-COMMON-PRIOR> 867,294,925
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (170,836)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,215,348,160
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 46,842,183
<OTHER-INCOME> 0
<EXPENSES-NET> (3,593,166)
<NET-INVESTMENT-INCOME> 43,249,017
<REALIZED-GAINS-CURRENT> (169,943)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 43,079,074
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (43,249,017)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,892,398,953
<NUMBER-OF-SHARES-REDEEMED> (6,565,932,225)
<SHARES-REINVESTED> 21,757,343
<NET-CHANGE-IN-ASSETS> 348,054,128
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,139,762)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3,593,166)
<AVERAGE-NET-ASSETS> 810,733,592
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.43
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> EVERGREEN SELECT MUNICIPAL MONEY MARKET FUND CLASS A
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-01-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 508,665,254
<INVESTMENTS-AT-VALUE> 508,665,254
<RECEIVABLES> 4,368,208
<ASSETS-OTHER> 59,515
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 513,092,977
<PAYABLE-FOR-SECURITIES> 8,098,258
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,228,302
<TOTAL-LIABILITIES> 9,326,560
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 442,018,171
<SHARES-COMMON-STOCK> 442,018,171
<SHARES-COMMON-PRIOR> 206,133,591
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (29,916)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 441,988,255
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,236,487
<OTHER-INCOME> 0
<EXPENSES-NET> (295,913)
<NET-INVESTMENT-INCOME> 10,940,574
<REALIZED-GAINS-CURRENT> (19,848)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 10,920,726
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10,940,574)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,122,156,301
<NUMBER-OF-SHARES-REDEEMED> (886,886,123)
<SHARES-REINVESTED> 614,402
<NET-CHANGE-IN-ASSETS> 235,864,732
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (453,025)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (295,913)
<AVERAGE-NET-ASSETS> 301,769,346
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.10
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 102
<NAME> EVERGREEN SELECT MUNICIPAL MONEY MARKET FUND CLASS B
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-01-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 508,665,254
<INVESTMENTS-AT-VALUE> 508,665,254
<RECEIVABLES> 4,368,208
<ASSETS-OTHER> 59,515
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 513,092,977
<PAYABLE-FOR-SECURITIES> 8,098,258
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,228,302
<TOTAL-LIABILITIES> 9,326,560
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 61,781,431
<SHARES-COMMON-STOCK> 61,781,431
<SHARES-COMMON-PRIOR> 14,296,743
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,269)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 61,778,162
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 918,098
<OTHER-INCOME> 0
<EXPENSES-NET> (86,635)
<NET-INVESTMENT-INCOME> 831,463
<REALIZED-GAINS-CURRENT> (1,917)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 829,546
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (831,463)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 169,931,226
<NUMBER-OF-SHARES-REDEEMED> (122,638,929)
<SHARES-REINVESTED> 192,391
<NET-CHANGE-IN-ASSETS> 47,482,771
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (36,926)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (86,635)
<AVERAGE-NET-ASSETS> 24,864,663
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> EVERGREEN SELECT 100% U.S. TREASURY MONEY MARKET FUND CLASS IS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-1-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 249,170,017
<INVESTMENTS-AT-VALUE> 249,170,017
<RECEIVABLES> 2,223,178
<ASSETS-OTHER> 106,092
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 251,499,287
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 998,685
<TOTAL-LIABILITIES> 998,685
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 250,501,629
<SHARES-COMMON-STOCK> 5,496,939
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,027)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 250,500,602
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,404,296
<OTHER-INCOME> 0
<EXPENSES-NET> (91,729)
<NET-INVESTMENT-INCOME> 2,312,567
<REALIZED-GAINS-CURRENT> (1,027)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,311,540
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (45,321)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 24,160,896
<NUMBER-OF-SHARES-REDEEMED> (18,668,815)
<SHARES-REINVESTED> 4,858
<NET-CHANGE-IN-ASSETS> 5,496,939
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (2,456)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,051)
<AVERAGE-NET-ASSETS> 5,131,451
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> 0.42
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 102
<NAME> EVERGREEN SELECT 100% U.S. TREASURY MONEY MARKET FUND CLASS I
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-1-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 249,170,017
<INVESTMENTS-AT-VALUE> 249,170,017
<RECEIVABLES> 2,223,178
<ASSETS-OTHER> 106,092
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 251,499,287
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 998,685
<TOTAL-LIABILITIES> 998,685
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 250,501,629
<SHARES-COMMON-STOCK> 245,004,690
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,027)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 250,500,602
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,404,296
<OTHER-INCOME> 0
<EXPENSES-NET> (91,729)
<NET-INVESTMENT-INCOME> 2,312,567
<REALIZED-GAINS-CURRENT> (1,027)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,311,540
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,267,246)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 281,511,760
<NUMBER-OF-SHARES-REDEEMED> (36,647,664)
<SHARES-REINVESTED> 40,594
<NET-CHANGE-IN-ASSETS> 244,904,690
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (109,448)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (87,787)
<AVERAGE-NET-ASSETS> 192,627,247
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> 0.2
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> EVERGREEN SELECT TREASURY MONEY MARKET FUND CLASS IS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-1-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 2,796,978,289
<INVESTMENTS-AT-VALUE> 2,796,978,289
<RECEIVABLES> 13,261,882
<ASSETS-OTHER> 79,887
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,810,320,058
<PAYABLE-FOR-SECURITIES> 300,035,978
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 248,524,103
<TOTAL-LIABILITIES> 548,560,081
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,261,759,977
<SHARES-COMMON-STOCK> 1,005,058,554
<SHARES-COMMON-PRIOR> 509,369,468
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2,261,759,977
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 81,492,855
<OTHER-INCOME> 0
<EXPENSES-NET> (4,130,847)
<NET-INVESTMENT-INCOME> 77,362,008
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 77,362,008
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 47,024,509
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,313,249,280
<NUMBER-OF-SHARES-REDEEMED> (2,824,330,581)
<SHARES-REINVESTED> 6,770,387
<NET-CHANGE-IN-ASSETS> 495,689,086
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (880,346)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,539,069)
<AVERAGE-NET-ASSETS> 586,919,210
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> 0.43
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 102
<NAME> EVERGREEN SELECT TREASURY MONEY MARKET FUND CLASS I
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-1-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 2,796,978,289
<INVESTMENTS-AT-VALUE> 2,796,978,289
<RECEIVABLES> 13,261,882
<ASSETS-OTHER> 79,887
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,810,320,058
<PAYABLE-FOR-SECURITIES> 300,035,978
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 248,524,103
<TOTAL-LIABILITIES> 548,560,081
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,261,759,977
<SHARES-COMMON-STOCK> 1,256,701,423
<SHARES-COMMON-PRIOR> 367,771,404
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2,261,759,977
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 81,492,855
<OTHER-INCOME> 0
<EXPENSES-NET> (4,130,847)
<NET-INVESTMENT-INCOME> 77,362,008
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 77,362,008
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (47,024,509)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,647,541,042
<NUMBER-OF-SHARES-REDEEMED> (2,758,881,077)
<SHARES-REINVESTED> 270,054
<NET-CHANGE-IN-ASSETS> 888,930,019
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,301,210)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,619,600)
<AVERAGE-NET-ASSETS> 867,505,635
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.06)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> 0.18
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
April 9, 1998
To the Trustees and Shareholders of
Evergreen Select Treasury Money Market Fund
In planning and performing our audit of the financial statements of
Evergreen Select Treasury Money Market Fund (the "Fund") for the
year ended February 28, 1998, we considered its internal control,
including control activities for safeguarding securities, in order
to determine our auditing procedures for the purpose of expressing
our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on internal
control.
The management of the Fund is responsible for establishing and
maintaining internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of control activities.
Generally, control activities that are relevant to an audit pertain
to the entity's objective of preparing financial statements for
external purposes that are fairly presented in conformity with
generally accepted accounting principles. Those control activities
include the safeguarding of assets against unauthorized acquisition,
use or disposition.
Because of inherent limitations in any internal control, errors or
irregularities may occur and not be detected. Also, projection of
any evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not necessarily disclose
all matters in internal control that might be material weaknesses
under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the
design or operation of one or more of the internal control
components does not reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However, we
noted no matters involving internal control, including control
activities for safeguarding securities, that we consider to be
material weaknesses as defined above as of February 28, 1998.
This report is intended solely for the information and use of
management and the trustees of the Fund and the Securities and
Exchange Commission.
Price Waterhouse LLP
April 9, 1998
To the Trustees and Shareholders of
Evergreen Select Money Market Fund
In planning and performing our audit of the financial statements of
Evergreen Select Money Market Fund (the "Fund") for the year ended
February 28, 1998, we considered its internal control, including
control activities for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on internal
control.
The management of the Fund is responsible for establishing and
maintaining internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of control activities.
Generally, control activities that are relevant to an audit pertain
to the entity's objective of preparing financial statements for
external purposes that are fairly presented in conformity with
generally accepted accounting principles. Those control activities
include the safeguarding of assets against unauthorized acquisition,
use or disposition.
Because of inherent limitations in any internal control, errors or
irregularities may occur and not be detected. Also, projection of
any evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not necessarily disclose
all matters in internal control that might be material weaknesses
under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the
design or operation of one or more of the internal control
components does not reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However, we
noted no matters involving internal control, including control
activities for safeguarding securities, that we consider to be
material weaknesses as defined above as of February 28, 1998.
This report is intended solely for the information and use of
management and the trustees of the Fund and the Securities and
Exchange Commission.
Price Waterhouse LLP
April 9, 1998
To the Trustees and Shareholders of
Evergreen Select Municipal Money Market Fund
In planning and performing our audit of the financial statements of
Evergreen Select Municipal Money Market Fund (the "Fund") for the
year ended February 28, 1998, we considered its internal control,
including control activities for safeguarding securities, in order
to determine our auditing procedures for the purpose of expressing
our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on internal
control.
The management of the Fund is responsible for establishing and
maintaining internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of control activities.
Generally, control activities that are relevant to an audit pertain
to the entity's objective of preparing financial statements for
external purposes that are fairly presented in conformity with
generally accepted accounting principles. Those control activities
include the safeguarding of assets against unauthorized acquisition,
use or disposition.
Because of inherent limitations in any internal control, errors or
irregularities may occur and not be detected. Also, projection of
any evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not necessarily disclose
all matters in internal control that might be material weaknesses
under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the
design or operation of one or more of the internal control
components does not reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However, we
noted no matters involving internal control, including control
activities for safeguarding securities, that we consider to be
material weaknesses as defined above as of February 28, 1998.
This report is intended solely for the information and use of
management and the trustees of the Fund and the Securities and
Exchange Commission.
Price Waterhouse LLP
April 9, 1998
To the Trustees and Shareholders of
Evergreen Select 100% Treasury Money Market Fund
In planning and performing our audit of the financial statements of
Evergreen Select 100% Treasury Money Market Fund (the "Fund") for
the year ended February 28, 1998, we considered its internal
control, including control activities for safeguarding securities,
in order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply
with the requirements of Form N-SAR, not to provide assurance on
internal control.
The management of the Fund is responsible for establishing and
maintaining internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of control activities.
Generally, control activities that are relevant to an audit pertain
to the entity's objective of preparing financial statements for
external purposes that are fairly presented in conformity with
generally accepted accounting principles. Those control activities
include the safeguarding of assets against unauthorized acquisition,
use or disposition.
Because of inherent limitations in any internal control, errors or
irregularities may occur and not be detected. Also, projection of
any evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not necessarily disclose
all matters in internal control that might be material weaknesses
under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the
design or operation of one or more of the internal control
components does not reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However, we
noted no matters involving internal control, including control
activities for safeguarding securities, that we consider to be
material weaknesses as defined above as of February 28, 1998.
This report is intended solely for the information and use of
management and the trustees of the Fund and the Securities and
Exchange Commission.
Price Waterhouse LLP