Fund Currently Managed

Evergreen Emerging Growth/A (EKAAX), since January 1998.

Investment Style Overview

Looks for growing companies with market caps of $1 billion to $9 billion that have strong competitive positions and expanding top and bottom lines. Seeks to buy stocks at discount to company’s estimated actual value. Typically holds between 65-75 securities.

Key Stock Selection Criteria

*Company growing at double the rate of gross domestic product.

*Above-average returns on invested capital.

*Strong competitive position.

Key Sell Criteria

*Becomes overvalued.

*Company’s financial fundamentals erode.

*Finds better investment.

Biographical Notes

Gary Craven is a managing director and portfolio manager with Evergreen Investment Management Co., his employer since 1996. He was previously a vice president and portfolio manager with Invista Capital Management for nine years. Craven holds a BA in business administration from the University of Iowa, and is a Chartered Financial Analyst.