<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001010296
<NAME> HSBC ADVISOR FUNDS TRUST
<SERIES>
<NUMBER> 03
<NAME> HSBC INVESTOR SMALL CAP EQUITY FUND
<S>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 228,394,460
<INVESTMENTS-AT-VALUE> 256,498,153
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<TOTAL-LIABILITIES> 2,780,837
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 186,664,017
<SHARES-COMMON-STOCK> 14,249,121
<SHARES-COMMON-PRIOR> 11,829,285
<ACCUMULATED-NII-CURRENT> 0
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<OVERDISTRIBUTION-GAINS> 0
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<DIVIDEND-INCOME> 819,387
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<OTHER-INCOME> 0
<EXPENSES-NET> 2,314,486
<NET-INVESTMENT-INCOME> (1,495,099)
<REALIZED-GAINS-CURRENT> 64,934,444
<APPREC-INCREASE-CURRENT> 18,833,299
<NET-CHANGE-FROM-OPS> 82,272,644
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 16,264,282
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 14,316,985
<NUMBER-OF-SHARES-REDEEMED> 13,043,328
<SHARES-REINVESTED> 1,146,179
<NET-CHANGE-IN-ASSETS> 105,185,995
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 14,837,266
<OVERDISTRIB-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 12.56
<PER-SHARE-NII> (0.10)
<PER-SHARE-GAIN-APPREC> 6.73
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 1.38
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<PER-SHARE-NAV-END> 17.81
<EXPENSE-RATIO> 1.05
</TABLE>