In Brief: Evergreen to Unveil Multisector Fund

CHARLOTTE, N.C. — Evergreen Investment Co., First Union Corp.’s family of mutual funds, plans to launch its first multisector, multicap concentrated portfolio this month.

It will offer Class A shares at net asset value, and 35% of the portfolio will be invested in international securities.

The fund will be managed by Donald Bisson, Patricia Bannan, Maureen Cullinane, and Liu-Er Chen.

Evergreen has $82 billion of assets under management.

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