MEMORIAL FUNDS
NSAR-A, EX-27, 2000-08-25
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<TABLE> <S> <C>

<ARTICLE>		6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE MEMORIAL FUNDS SEMI-ANNUAL REPORT DATED JUNE 30, 2000
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
	<NUMBER>	020
	<NAME>	Memorial Corporate Bond Fund

<S>			<C>
<PERIOD-TYPE>			6-MOS
<FISCAL-YEAR-END>				Dec-31-2000
<PERIOD-START>					Jan-01-2000
<PERIOD-END>					Jun-30-2000
<INVESTMENTS-AT-COST>				131516520
<INVESTMENTS-AT-VALUE>				128380331
<RECEIVABLES>					3816424
<ASSETS-OTHER>					18986
<OTHER-ITEMS-ASSETS>				0
<TOTAL-ASSETS>					132215741
<PAYABLE-FOR-SECURITIES>			1409499
<SENIOR-LONG-TERM-DEBT>				0
<OTHER-ITEMS-LIABILITIES>			873178
<TOTAL-LIABILITIES>				2282677
<SENIOR-EQUITY>					0
<PAID-IN-CAPITAL-COMMON>			140684446
<SHARES-COMMON-STOCK>				13962703
<SHARES-COMMON-PRIOR>				16309412
<ACCUMULATED-NII-CURRENT>			65927
<OVERDISTRIBUTION-NII>				0
<ACCUMULATED-NET-GAINS>				0
<OVERDISTRIBUTION-GAINS>			7681120
<ACCUM-APPREC-OR-DEPREC>		       (3136189)
<NET-ASSETS>					129933064
<DIVIDEND-INCOME>				122800
<INTEREST-INCOME>				5289295
<OTHER-INCOME>					7674
<EXPENSES-NET>				       (553894)
<NET-INVESTMENT-INCOME>				4865875
<REALIZED-GAINS-CURRENT>		       (2839871)
<APPREC-INCREASE-CURRENT>		        1998990
<NET-CHANGE-FROM-OPS>			        4024994
<EQUALIZATION>					0
<DISTRIBUTIONS-OF-INCOME>		        4865875
<DISTRIBUTIONS-OF-GAINS>		        0
<DISTRIBUTIONS-OTHER>				0
<NUMBER-OF-SHARES-SOLD>				1588750
<NUMBER-OF-SHARES-REDEEMED>		        3987545
<SHARES-REINVESTED>				52086
<NET-CHANGE-IN-ASSETS>			       (22457565)
<ACCUMULATED-NII-PRIOR>				65927
<ACCUMULATED-GAINS-PRIOR>			0
<OVERDISTRIB-NII-PRIOR>				0
<OVERDIST-NET-GAINS-PRIOR>		       (4841249)
<GROSS-ADVISORY-FEES>				168582
<INTEREST-EXPENSE>				0
<GROSS-EXPENSE>					586229
<AVERAGE-NET-ASSETS>				147398294
<PER-SHARE-NAV-BEGIN>				9.34
<PER-SHARE-NII>					0.30
<PER-SHARE-GAIN-APPREC>			       (0.03)
<PER-SHARE-DIVIDEND>			       (0.30)
<PER-SHARE-DISTRIBUTIONS>			0.00
<RETURNS-OF-CAPITAL>				0.00
<PER-SHARE-NAV-END>				9.31
<EXPENSE-RATIO>					0.76



</TABLE>


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