KEMPER ASIAN GROWTH FUND
NSAR-A, EX-27.03, 2000-08-08
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<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schdeule contains summary financial information extracted from the Kemper
Asian Growth Fund Semiannual Report for the period ended May 31, 2000 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0001018865
<NAME> KEMPER ASIAN GROWTH FUND
<SERIES>
   <NUMBER> 012
   <NAME> KEMPER ASIAN GROWTH FUND
<MULTIPLIER> 1000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-2000
<PERIOD-START>                             DEC-01-1999
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                           24,479
<INVESTMENTS-AT-VALUE>                          25,869
<RECEIVABLES>                                      178
<ASSETS-OTHER>                                   2,378
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  28,426
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        1,358
<TOTAL-LIABILITIES>                              1,358
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        26,560
<SHARES-COMMON-STOCK>                              217
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        (280)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (593)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         1,381
<NET-ASSETS>                                    27,068
<DIVIDEND-INCOME>                                   82
<INTEREST-INCOME>                                   18
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     363
<NET-INVESTMENT-INCOME>                          (263)
<REALIZED-GAINS-CURRENT>                         2,910
<APPREC-INCREASE-CURRENT>                      (4,675)
<NET-CHANGE-FROM-OPS>                          (2,028)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         16,674
<NUMBER-OF-SHARES-REDEEMED>                   (16,378)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           4,526
<ACCUMULATED-NII-PRIOR>                           (17)
<ACCUMULATED-GAINS-PRIOR>                      (3,503)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              134
<INTEREST-EXPENSE>                                  23
<GROSS-EXPENSE>                                    476
<AVERAGE-NET-ASSETS>                             1,841
<PER-SHARE-NAV-BEGIN>                             7.83
<PER-SHARE-NII>                                  (.10)
<PER-SHARE-GAIN-APPREC>                          (.60)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.13
<EXPENSE-RATIO>                                   2.60


</TABLE>


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