<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001038469
<NAME> T. ROWE PRICE DIVERSIFIED SMALL-CAP GROWTH
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 82432
<INVESTMENTS-AT-VALUE> 100587
<RECEIVABLES> 1046
<ASSETS-OTHER> 45
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 101678
<PAYABLE-FOR-SECURITIES> 1185
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 253
<TOTAL-LIABILITIES> 1438
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 77008
<SHARES-COMMON-STOCK> 6585
<SHARES-COMMON-PRIOR> 6301
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (396)
<ACCUMULATED-NET-GAINS> 5473
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18155
<NET-ASSETS> 100240
<DIVIDEND-INCOME> 51
<INTEREST-INCOME> 115
<OTHER-INCOME> 0
<EXPENSES-NET> 562
<NET-INVESTMENT-INCOME> (396)
<REALIZED-GAINS-CURRENT> 7905
<APPREC-INCREASE-CURRENT> (2548)
<NET-CHANGE-FROM-OPS> 4961
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2158
<NUMBER-OF-SHARES-REDEEMED> (874)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 25436
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (2432)
<GROSS-ADVISORY-FEES> 321
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 562
<AVERAGE-NET-ASSETS> 90516
<PER-SHARE-NAV-BEGIN> 14.11
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> 1.17
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.22
<EXPENSE-RATIO> 1.25
</TABLE>
