The merger announced earlier this month between First Union Corporation of Charlotte, N.C. and Wachovia Corporation of Winston-Salem, N.C. brings together two families of mutual funds that will have $96 billion in combined assets, according to the companies.

First Union manages the Evergreen Funds, the larger of the two families, with 46 equity funds, eight fixed income funds and six money-market funds, and a total of about $83 billion in assets under management as of March 31, according to Financial Research Corp. of Boston. The Wachovia Funds are made up of 11 equity funds, seven fixed income, and three money-market funds and had about $9 billion in assets as of March 31, according to Financial Research Corp.

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