[2] Outside the United States, the sales and distribution business was conducted under the brand name of Wachovia Global Asset Management.

This mutual fund family promoted itself as a "broadly diversified asset management organization, with products and services distributed across several lines of business...managing diverse investments such as institutional portfolios, mutual funds, variable annuities, alternative investments and private accounts.

This presents investors with an opportunity to invest in an Evergreen product with underlying GMO institutional funds.

It also launches Wachovia Global Asset Management, the brand name under which Evergreen sold and distributed investment products outside the United States.

On September 19, 2007, the United States Securities and Exchange Commission (SEC) announced that Evergreen Investments and affiliates would pay $32.5 million to settle market timing violations.

Wells Fargo acquired Wachovia and the Evergreen brand was officially retired on July 20, 2010.