<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 503
<NAME> FLAG INVESTORS EUROPEAN MID-CAP FUND C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-END> FEB-29-2000
<INVESTMENTS-AT-COST> 23384848
<INVESTMENTS-AT-VALUE> 36500199
<RECEIVABLES> 226013
<ASSETS-OTHER> 6612
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36732824
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 255286
<TOTAL-LIABILITIES> 255286
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21193193
<SHARES-COMMON-STOCK> 125770
<SHARES-COMMON-PRIOR> 125072
<ACCUMULATED-NII-CURRENT> (309115)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2478109
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13115351
<NET-ASSETS> 2841129
<DIVIDEND-INCOME> 17361
<INTEREST-INCOME> 3549
<OTHER-INCOME> 0
<EXPENSES-NET> 243386
<NET-INVESTMENT-INCOME> (222476)
<REALIZED-GAINS-CURRENT> 2777320
<APPREC-INCREASE-CURRENT> 12590555
<NET-CHANGE-FROM-OPS> 15145399
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (16865)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17384
<NUMBER-OF-SHARES-REDEEMED> 17681
<SHARES-REINVESTED> 995
<NET-CHANGE-IN-ASSETS> 13932517
<ACCUMULATED-NII-PRIOR> (78989)
<ACCUMULATED-GAINS-PRIOR> (116147)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 402423
<AVERAGE-NET-ASSETS> 1923092
<PER-SHARE-NAV-BEGIN> 13.57
<PER-SHARE-NII> (0.17)
<PER-SHARE-GAIN-APPREC> 9.33
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.14)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 22.59
<EXPENSE-RATIO> 2.35
</TABLE>