[ARTICLE] 6
Third Millennium Russia Fund
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] AUG-31-2000
[PERIOD-END] AUG-31-2000
[INVESTMENTS-AT-COST] 1743501
[INVESTMENTS-AT-VALUE] 2743508
[RECEIVABLES] 0
[ASSETS-OTHER] 127884
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 2882168
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 10776
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1417583
[SHARES-COMMON-STOCK] 108896
[SHARES-COMMON-PRIOR] 92627
[ACCUMULATED-NII-CURRENT] 453802
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1000007
[NET-ASSETS] 2871392
[DIVIDEND-INCOME] 11069
[INTEREST-INCOME] 6675
[OTHER-INCOME] 0
[EXPENSES-NET] 61706
[NET-INVESTMENT-INCOME] (43962)
[REALIZED-GAINS-CURRENT] 501312
[APPREC-INCREASE-CURRENT] 765733
[NET-CHANGE-FROM-OPS] 1223083
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] (32285)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 62592
[NUMBER-OF-SHARES-REDEEMED] 48560
[SHARES-REINVESTED] 2237
[NET-CHANGE-IN-ASSETS] 367991
[ACCUMULATED-NII-PRIOR] (14827)
[ACCUMULATED-GAINS-PRIOR] 43564
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 39287
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 198639
[AVERAGE-NET-ASSETS] 2243866
[PER-SHARE-NAV-BEGIN] 14.17
[PER-SHARE-NII] (0.40)
[PER-SHARE-GAIN-APPREC] 12.93
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (0.33)
[RETURNS-OF-CAPITAL] 90.33
[PER-SHARE-NAV-END] 26.37
[EXPENSE-RATIO] 2.75
</TABLE>
