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<PAGE> PAGE 11
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<PAGE> PAGE 13
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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 19
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070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
<PAGE> PAGE 21
070 I020400 N
070 J010400 N
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 12
072 B000400 22155
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 353
072 G000400 120
072 H000400 0
072 I000400 0
072 J000400 78
072 K000400 0
072 L000400 0
072 M000400 8
072 N000400 159
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 0
072 T000400 101
072 U000400 0
072 V000400 0
072 W000400 33
072 X000400 852
072 Y000400 0
072 Z000400 21303
072AA000400 156
072BB000400 0
<PAGE> PAGE 22
072CC010400 0
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0480
073 A020400 0.0450
073 B000400 0.0000
073 C000400 0.0000
074 A000400 35605
074 B000400 0
074 C000400 583794
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 21575
074 K000400 0
074 L000400 5913
074 M000400 34
074 N000400 646921
074 O000400 0
074 P000400 17
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 2356
074 S000400 0
074 T000400 644548
074 U010400 545977
074 U020400 98416
074 V010400 0.00
074 V020400 0.00
074 W000400 1.0000
074 X000400 7
074 Y000400 0
075 A000400 453797
075 B000400 0
076 000400 0.00
SIGNATURE DOUGLAS C. MILLER
TITLE VP FUND ADMIN
To the Board of Trustees and Shareholders of
Evergreen Select Money Market Fund,
Evergreen Select Municipal Money Market Fund,
Evergreen Select 100% Treasury Money Market and
Evergreen Select Treasury Money Market
In planning and performing our audits of the financial statements of Evergreen
Select Money Market Fund, Evergreen Select Municipal Money Market Fund,
Evergreen 100% Treasury Money Market Fund and Select Treasury Money Market Fund
(the "Funds") for the year ended February 28, 1999, we considered their 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 Funds 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
controls. Generally, controls 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 controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or fraud 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 and its operation, including controls for safeguarding
securities, that we consider to be material weaknesses as defined above as of
February 28, 1999.
This report is intended solely for the information and use of management and the
Board of Trustees of the Funds and the Securities and Exchange Commission.
PricewaterhouseCoopers LLP
Boston, Massachusetts
April 12, 1999
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> 106
<NAME> EVERGREEN SELECT 100% TREASURY MONEY MARKET FUND (2L70) CLASS IS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> MAR-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "583,793,660 "
<INVESTMENTS-AT-VALUE> "583,793,660 "
<RECEIVABLES> "27,487,690 "
<ASSETS-OTHER> "34,453 "
<OTHER-ITEMS-ASSETS> "35,604,985 "
<TOTAL-ASSETS> "646,920,788 "
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "2,372,670 "
<TOTAL-LIABILITIES> "2,372,670 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "98,415,693 "
<SHARES-COMMON-STOCK> "98,415,693 "
<SHARES-COMMON-PRIOR> "5,496,939 "
<ACCUMULATED-NII-CURRENT> "13,818 "
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> "98,429,511 "
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> "1,940,128 "
<OTHER-INCOME> 0
<EXPENSES-NET> "(159,617)"
<NET-INVESTMENT-INCOME> "1,780,511 "
<REALIZED-GAINS-CURRENT> "10,327 "
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> "1,790,838 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(1,780,511)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "374,076,169 "
<NUMBER-OF-SHARES-REDEEMED> "(281,199,899)"
<SHARES-REINVESTED> "42,484 "
<NET-CHANGE-IN-ASSETS> "92,929,081 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (33)
<GROSS-ADVISORY-FEES> "(101,376)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(235,534)"
<AVERAGE-NET-ASSETS> "40,373,850 "
<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> 0.40
[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> 105
<NAME> EVERGREEN SELECT 100% TREASURY MONEY MARKET FUND (2L70) CLASS I
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> MAR-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "583,793,660 "
<INVESTMENTS-AT-VALUE> "583,793,660 "
<RECEIVABLES> "27,487,690 "
<ASSETS-OTHER> "34,453 "
<OTHER-ITEMS-ASSETS> "35,604,985 "
<TOTAL-ASSETS> "646,920,788 "
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "2,372,670 "
<TOTAL-LIABILITIES> "2,372,670 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "545,977,107 "
<SHARES-COMMON-STOCK> "545,977,107 "
<SHARES-COMMON-PRIOR> "245,004,690 "
<ACCUMULATED-NII-CURRENT> "141,500 "
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> "546,118,607 "
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> "20,214,436 "
<OTHER-INCOME> 0
<EXPENSES-NET> "(692,287)"
<NET-INVESTMENT-INCOME> "19,522,149 "
<REALIZED-GAINS-CURRENT> "146,018 "
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> "19,668,167 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(19,522,149)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "1,309,604,631 "
<NUMBER-OF-SHARES-REDEEMED> "(1,008,655,646)"
<SHARES-REINVESTED> "23,432 "
<NET-CHANGE-IN-ASSETS> "301,118,435 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (994)
<GROSS-ADVISORY-FEES> "(1,033,034)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(1,416,636)"
<AVERAGE-NET-ASSETS> "413,423,578 "
<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> 0.17
[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> 106
<NAME> EVERGREEN SELECT MONEY MARKET FUND (2L45) CLASS IS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> MAR-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "5,083,525,789 "
<INVESTMENTS-AT-VALUE> "5,083,525,789 "
<RECEIVABLES> "27,532,948 "
<ASSETS-OTHER> "67,188 "
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> "5,111,125,925 "
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "14,938,020 "
<TOTAL-LIABILITIES> "14,938,020 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "2,242,891,402 "
<SHARES-COMMON-STOCK> "2,242,897,789 "
<SHARES-COMMON-PRIOR> "1,215,518,996 "
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> "(210,671)"
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> "2,242,680,731 "
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> "93,594,613 "
<OTHER-INCOME> 0
<EXPENSES-NET> "(7,651,214)"
<NET-INVESTMENT-INCOME> "85,943,399 "
<REALIZED-GAINS-CURRENT> "(33,860)"
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> "85,909,539 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(85,943,399)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "7,451,922,804 "
<NUMBER-OF-SHARES-REDEEMED> "(6,466,677,330)"
<SHARES-REINVESTED> "42,133,319 "
<NET-CHANGE-IN-ASSETS> "1,027,344,935 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> "(2,519,448)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(7,907,971)"
<AVERAGE-NET-ASSETS> "1,677,284,824 "
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.51
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.51)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.46
[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> 105
<NAME> EVERGREEN SELECT MONEY MARKET FUND (2L45) CLASS I
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> MAR-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "5,083,525,789 "
<INVESTMENTS-AT-VALUE> "5,083,525,789 "
<RECEIVABLES> "27,532,948 "
<ASSETS-OTHER> "67,188 "
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> "5,111,125,925 "
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "14,938,020 "
<TOTAL-LIABILITIES> "14,938,020 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "2,853,714,003 "
<SHARES-COMMON-STOCK> "2,853,695,618 "
<SHARES-COMMON-PRIOR> "1,051,905,109 "
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> "(206,837)"
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> "2,853,507,166 "
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> "93,910,233 "
<OTHER-INCOME> 0
<EXPENSES-NET> "(3,439,680)"
<NET-INVESTMENT-INCOME> "90,470,553 "
<REALIZED-GAINS-CURRENT> "(36,566)"
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> "90,433,987 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(90,470,553)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "10,179,159,033 "
<NUMBER-OF-SHARES-REDEEMED> "(8,390,782,294)"
<SHARES-REINVESTED> "13,413,770 "
<NET-CHANGE-IN-ASSETS> "1,801,779,001 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> "(2,533,176)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(3,706,578)"
<AVERAGE-NET-ASSETS> "1,690,800,030 "
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.54
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.54)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.21
[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> 105
<NAME> EVERGREEN SELECT MUNICIPAL MONEY MARKET FUND (2L47) CLASS I
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> MAR-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "998,869,294 "
<INVESTMENTS-AT-VALUE> "998,869,294 "
<RECEIVABLES> "4,632,887 "
<ASSETS-OTHER> "92,800 "
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> "1,003,594,981 "
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "2,351,634 "
<TOTAL-LIABILITIES> "2,351,634 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "857,146,090 "
<SHARES-COMMON-STOCK> "857,151,962 "
<SHARES-COMMON-PRIOR> "442,018,171 "
<ACCUMULATED-NII-CURRENT> "94,986 "
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> "(106,916)"
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> "857,134,160 "
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> "22,976,722 "
<OTHER-INCOME> 0
<EXPENSES-NET> "(1,118,433)"
<NET-INVESTMENT-INCOME> "21,858,289 "
<REALIZED-GAINS-CURRENT> "156,625 "
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> "22,014,914 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(21,858,290)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "2,228,277,950 "
<NUMBER-OF-SHARES-REDEEMED> "(1,813,875,532)"
<SHARES-REINVESTED> "731,373 "
<NET-CHANGE-IN-ASSETS> "415,253,316 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> "(29,916)"
<GROSS-ADVISORY-FEES> "(962,567)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(1,550,301)"
<AVERAGE-NET-ASSETS> "641,689,581 "
<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> 0.18
[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> 106
<NAME> EVERGREEN SELECT MUNICIPAL MONEY MARKET FUND (2L47) CLASS IS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> MAR-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "998,869,294 "
<INVESTMENTS-AT-VALUE> "998,869,294 "
<RECEIVABLES> "4,632,887 "
<ASSETS-OTHER> "92,800 "
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> "1,003,594,981 "
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "2,351,634 "
<TOTAL-LIABILITIES> "2,351,634 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "143,987,376 "
<SHARES-COMMON-STOCK> "143,982,480 "
<SHARES-COMMON-PRIOR> "61,781,431 "
<ACCUMULATED-NII-CURRENT> "14,895 "
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> "106,916 "
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> "144,109,187 "
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> "3,612,109 "
<OTHER-INCOME> 0
<EXPENSES-NET> "(417,607)"
<NET-INVESTMENT-INCOME> "3,194,502 "
<REALIZED-GAINS-CURRENT> "22,565 "
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> "3,217,067 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(3,194,501)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "431,278,204 "
<NUMBER-OF-SHARES-REDEEMED> "(350,351,390)"
<SHARES-REINVESTED> "1,274,235 "
<NET-CHANGE-IN-ASSETS> "82,223,614 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> "(3,269)"
<GROSS-ADVISORY-FEES> "(150,903)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(495,254)"
<AVERAGE-NET-ASSETS> "100,623,206 "
<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> 0.42
[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> 105
<NAME> EVERGREEN SELECT TREASURY MONEY MARKET FUND CLASS I
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> AUG-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "3,801,210,606 "
<INVESTMENTS-AT-VALUE> "3,801,210,606 "
<RECEIVABLES> "23,933,719 "
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<OTHER-ITEMS-LIABILITIES> "291,873,706 "
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<PAID-IN-CAPITAL-COMMON> "2,061,541,680 "
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<OVERDISTRIBUTION-GAINS> "(1,419)"
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<DIVIDEND-INCOME> 0
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<EXPENSES-NET> "(3,608,786)"
<NET-INVESTMENT-INCOME> "91,096,718 "
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<NET-CHANGE-FROM-OPS> "91,097,144 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(91,096,717)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "6,039,289,999 "
<NUMBER-OF-SHARES-REDEEMED> "(5,236,345,065)"
<SHARES-REINVESTED> "1,893,286 "
<NET-CHANGE-IN-ASSETS> "804,839,119 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> "(2,676,854)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(4,025,858)"
<AVERAGE-NET-ASSETS> "1,784,565,314 "
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.00
[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> 106
<NAME> EVERGREEN SELECT TREASURY MONEY MARKET FUND CLASS IS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> FEB-28-1999
<PERIOD-START> AUG-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> "3,801,210,606 "
<INVESTMENTS-AT-VALUE> "3,801,210,606 "
<RECEIVABLES> "23,933,719 "
<ASSETS-OTHER> "111,390 "
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> "3,825,255,715 "
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "291,873,706 "
<TOTAL-LIABILITIES> "291,873,706 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "1,471,842,785 "
<SHARES-COMMON-STOCK> "1,471,841,660 "
<SHARES-COMMON-PRIOR> "1,005,058,554 "
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> "(1,037)"
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> "1,471,841,748 "
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<OTHER-INCOME> 0
<EXPENSES-NET> "(5,952,935)"
<NET-INVESTMENT-INCOME> "63,539,916 "
<REALIZED-GAINS-CURRENT> 280
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> "63,540,196 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(63,539,917)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "5,612,606,577 "
<NUMBER-OF-SHARES-REDEEMED> "(5,153,932,210)"
<SHARES-REINVESTED> "8,108,739 "
<NET-CHANGE-IN-ASSETS> "466,782,913 "
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> "(1,980,763)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(6,261,551)"
<AVERAGE-NET-ASSETS> "1,320,505,720 "
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
