WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001002191
<NAME> FTI FUNDS
<SERIES>
<NUMBER> 010
<NAME> FTI SMALL CAPITALIZATION EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MONTHS
<FISCAL-YEAR-END> Nov-30-2000
<PERIOD-END> May-31-2000
<INVESTMENTS-AT-COST> 78,539,400
<INVESTMENTS-AT-VALUE> 102,038,125
<RECEIVABLES> 17,367
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 10,458
<TOTAL-ASSETS> 102,065,950
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 139,271
<TOTAL-LIABILITIES> 139,271
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 69,862,509
<SHARES-COMMON-STOCK> 4,646,985
<SHARES-COMMON-PRIOR> 3,496,557
<ACCUMULATED-NII-CURRENT> (402,036)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,967,481
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,498,725
<NET-ASSETS> 101,926,679
<DIVIDEND-INCOME> 74,790
<INTEREST-INCOME> 181,069
<OTHER-INCOME> 0
<EXPENSES-NET> (657,895)
<NET-INVESTMENT-INCOME> (402,036)
<REALIZED-GAINS-CURRENT> 9,621,494
<APPREC-INCREASE-CURRENT> 108,383
<NET-CHANGE-FROM-OPS> 9,327,841
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (6,793,844)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,365,419
<NUMBER-OF-SHARES-REDEEMED> (1,284,291)
<SHARES-REINVESTED> 69,300
<NET-CHANGE-IN-ASSETS> 29,174,735
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6,139,831
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 505,384
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 665,029
<AVERAGE-NET-ASSETS> 101,076,703
<PER-SHARE-NAV-BEGIN> 20.810
<PER-SHARE-NII> (0.090)
<PER-SHARE-GAIN-APPREC> 3.120
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (1.910)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 21.930
<EXPENSE-RATIO> 1.30
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
