Evergreen bows three mutual funds

Evergreen Investment Management Co. LLC has launched three new diversity equity mutual funds to be sub-advised by Golden Capital Management LLC, an affiliate of Evergreen Investments. The Evergreen Golden Large Cap Core Fund (EGOAX), Evergreen Golden Core Opportunities Fund (ECOAX), and Evergreen Golden Mid Cap Core Fund (EGMAX) will use the strategies of GCM, which specializes in core equity management for institutional and high net worth investors. The Golden Large Cap Core Fund will typically invest in 50 securities, with the majority of the portfolio held in stocks similar the time of their purchase, to those listed on the Standard & Poor's 500. The Evergreen Golden Core Opportunities Fund will typically invest in 50 securities, with the majority of the portfolio held in companies that are similar the time of their purchase, to those listed on the Russell 2500 Index. The Evergreen Golden Mid Cap Core Fund will be typically invested in 40 securities, with the majority of the portfolio held in companies that are similar at the time of purchase, to those listed in the Russell Midcap Index. Charlotte, N.C.-based Golden Capital Management manages approximately $5 billion as of Sept. 30.