Evergreen Rolls Out Focus Fund

Evergreen Funds has launched a new focused fund called the Evergreen Premier 20 Fund, a multicap, multisector portfolio of 20 to 40 stocks.

The fund will be managed by Don Bisson, Maureen Cullinane, Patricia Bannan and Liu-Er Chen. The managers will seek to identify a portfolio of stocks with the best growth prospects, regardless of market cap or style.

Bisson, a certified financial analyst and vice president and portfolio manager with the company, has managed private accounts and been an analyst for the Evergreen small-cap growth team since 1996. Cullinane, also a CFA, has managed the (EAGAX Quote)Evergreen Aggressive Growth fund since April 1999, the (EKJAX Quote)Evergreen Large Company Growth fund since April 1995 and the (EKOAX Quote)Evergreen Omega Fund since 1989.

Bannan is a CFA who joined Evergreen's growth and income team in 1999 and has managed the equity portion of the (EKBAX Quote)Evergreen Balanced Fund since November 1999. Chen is also a CFA with more than five years of investment experience, the company said in a press release.

Headquartered in Boston, Evergreen Funds has $87 billion under management.