<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001032423
<NAME> THE BSG FUNDS
<SERIES>
<NUMBER> 0012
<NAME> THE BANC STOCK GROUP FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-START> MAR-01-2000
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 9,429,210
<INVESTMENTS-AT-VALUE> 8,894,531
<RECEIVABLES> 95,771
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,995,883
<PAYABLE-FOR-SECURITIES> 62,867
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 54,113
<TOTAL-LIABILITIES> 116,980
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,760,623
<SHARES-COMMON-STOCK> 7,305 <F1>
<SHARES-COMMON-PRIOR> 7,616 <F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 5,957
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 2,341,084
<ACCUM-APPREC-OR-DEPREC> (534,679)
<NET-ASSETS> 8,878,903
<DIVIDEND-INCOME> 32,841
<INTEREST-INCOME> 42,845
<OTHER-INCOME> 0
<EXPENSES-NET> 81,643
<NET-INVESTMENT-INCOME> (5,957)
<REALIZED-GAINS-CURRENT> (1,760,633)
<APPREC-INCREASE-CURRENT> 1,836,971
<NET-CHANGE-FROM-OPS> 70,381
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0 <F1>
<DISTRIBUTIONS-OF-GAINS> 0 <F1>
<DISTRIBUTIONS-OTHER> 0 <F1>
<NUMBER-OF-SHARES-SOLD> 0 <F1>
<NUMBER-OF-SHARES-REDEEMED> 310 <F1>
<SHARES-REINVESTED> 0 <F1>
<NET-CHANGE-IN-ASSETS> (603,574)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 580,451
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<AVERAGE-NET-ASSETS> 67,833 <F1>
<PER-SHARE-NAV-BEGIN> 9.34 <F1>
<PER-SHARE-NII> (0.04)<F1>
<PER-SHARE-GAIN-APPREC> 0.12 <F1>
<PER-SHARE-DIVIDEND> 0.00 <F1>
<PER-SHARE-DISTRIBUTIONS> 0.00 <F1>
<RETURNS-OF-CAPITAL> 0.00 <F1>
<PER-SHARE-NAV-END> 9.42 <F1>
<EXPENSE-RATIO> 2.63 <F1>
<FN>
<F1> CLASS C
</FN>
</FN>
</TABLE>
