CHARLOTTE, N.C. -- Evergreen Funds is changing the name of its Strategic Growth Fund to Evergreen Large Company Growth Fund. The company wants the fund's name to more accurately reflect its management style, said a release from the company.
The Large Company Growth Fund invests primarily in large cap stocks and global franchises and secondarily in growth companies, the release stated.
The fund had $1.2 billion of assets under management as of June 30, the release stated. First Union Corp.'s Evergreen family of funds has about $82 billion under management.