[ARTICLE] 6
[SERIES]
[NUMBER] 2
[NAME] MONUMENT TELECOMMUNICATIONS FUND
<TABLE>
<S> <C> <C>
[PERIOD-TYPE] 6-MOS 6-MOS
[FISCAL-YEAR-END] OCT-31-1999 OCT-31-1999
[PERIOD-END] APR-30-2000 APR-30-2000
[INVESTMENTS-AT-COST] 24313591 24313591
[INVESTMENTS-AT-VALUE] 23722886 23722886
[RECEIVABLES] 535058 535058
[ASSETS-OTHER] 0 0
[OTHER-ITEMS-ASSETS] 0 0
[TOTAL-ASSETS] 24257944 24257944
[PAYABLE-FOR-SECURITIES] 610740 610740
[SENIOR-LONG-TERM-DEBT] 0 0
[OTHER-ITEMS-LIABILITIES] 65827 65827
[TOTAL-LIABILITIES] 676567 676567
[SENIOR-EQUITY] 0 0
[PAID-IN-CAPITAL-COMMON] 24976033 24976033
[SHARES-COMMON-STOCK] 522393 345132
[SHARES-COMMON-PRIOR] 29713 3247
[ACCUMULATED-NII-CURRENT] (77552) (77552)
[OVERDISTRIBUTION-NII] 0 0
[ACCUMULATED-NET-GAINS] 0 0
[OVERDISTRIBUTION-GAINS] 0 0
[ACCUM-APPREC-OR-DEPREC] (732929) (732929)
[NET-ASSETS] 23581377 23581377
[DIVIDEND-INCOME] 15017 15017
[INTEREST-INCOME] 29769 29769
[OTHER-INCOME] 0 0
[EXPENSES-NET] 118821 118821
[NET-INVESTMENT-INCOME] (74035) (74035)
[REALIZED-GAINS-CURRENT] (724273) (724273)
[APPREC-INCREASE-CURRENT] (670520) (670520)
[NET-CHANGE-FROM-OPS] (1468828) (1468828)
[EQUALIZATION] 0 0
[DISTRIBUTIONS-OF-INCOME] (413) (413)
[DISTRIBUTIONS-OF-GAINS] (118344) (118344)
[DISTRIBUTIONS-OTHER] 0 0
[NUMBER-OF-SHARES-SOLD] 562793 357539
[NUMBER-OF-SHARES-REDEEMED] 73966 16764
[SHARES-REINVESTED] 3853 1110
[NET-CHANGE-IN-ASSETS] 14204932 10305825
[ACCUMULATED-NII-PRIOR] (3104) (3104)
[ACCUMULATED-GAINS-PRIOR] 109688 109688
[OVERDISTRIB-NII-PRIOR] 0 0
[OVERDIST-NET-GAINS-PRIOR] 0 0
[GROSS-ADVISORY-FEES] 57288 57288
[INTEREST-EXPENSE] 0 0
[GROSS-EXPENSE] 197093 197093
[AVERAGE-NET-ASSETS] 10609000 10609000
[PER-SHARE-NAV-BEGIN] 19.97 19.97
[PER-SHARE-NII] 0.02 (0.06)
[PER-SHARE-GAIN-APPREC] 8.40 8.34
[PER-SHARE-DIVIDEND] 0 0
[PER-SHARE-DISTRIBUTIONS] (1.15) (1.15)
[RETURNS-OF-CAPITAL] 0 0
[PER-SHARE-NAV-END] 27.24 27.10
[EXPENSE-RATIO] 3.26 3.76
</TABLE>
