SCHEDULE 14A
(RULE 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14 (a) of the Securities
Exchange Act of 1934 (Amendment No. __________)
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[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
Keystone America Hartwell Emerging Growth Fund, Inc.
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
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<PAGE>
July 8, 1997
Dear Shareholder:
Recently we mailed you a Prospectus/Proxy Statement containing a proposal
to combine Keystone America Hartwell Emerging Growth Fund, Inc. with Evergreen
Aggressive Growth Fund. We have not yet received votes sufficient to approve the
proposal at the adjourned shareholder meeting scheduled for July 14, 1997.
The Funds' Directors and Trustees have reviewed the proposed reorganization
and believe it will provide you with the following significant benefits:
o Potential for lower annual operating expenses
o Lower portfolio turnover rate, resulting in lower capital gains distributions
o Seasoned portfolio management
Evergreen Aggressive Growth Fund has been managed by Harold Ireland since
its inception in 1983. Throughout his investment career, he has specialized in
small to mid capitalization growth stock investments. His association with Sir
John Templeton, the renowned money manager, spanned 16 years. He is a member of
both the Financial Analysts Federation and the New York Society of Security
Analysts as well as a Director of the Stock and Bond Club of South Florida.
Evergreen Aggressive Growth Fund concentrates on financially strong
companies with the following characteristics:
o 5-year track record of "business momentum" in sales and earnings, exceeding
20% annually
o Low debt
o Insider ownership
o Leaders in their respective industries
o Ability to sustain high revenue growth and profit growth over the long term
o Dynamic growth prospects
In consideration of the above benefits and the recommendation of the Funds'
Directors and Trustees, you are encouraged to vote FOR this proposal. We have
enclosed a proxy card and return envelope for your convenience. Your vote is
very important, so please return your vote FOR this proposal.
Sincerely,
William Ennis Harold Ireland
Managing Director Vice President and Portfolio Manager
Evergreen Keystone Investment Evergreen Aggressive Growth Fund
Services, Inc.
