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.