<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>6
<NAME>NATIONS ANNUITY MANAGED INDEX
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-END> Jun-30-2000
<INVESTMENTS-AT-COST> 20,323,155
<INVESTMENTS-AT-VALUE> 24,046,520
<RECEIVABLES> 105,161
<ASSETS-OTHER> 10,986
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24,162,667
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (160,804)
<TOTAL-LIABILITIES> (160,804)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20,738,338
<SHARES-COMMON-STOCK> 1,862,469
<SHARES-COMMON-PRIOR> 1,586,471
<ACCUMULATED-NII-CURRENT> 60,804
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (507,081)
<ACCUM-APPREC-OR-DEPREC> 3,709,802
<NET-ASSETS> 24,001,863
<DIVIDEND-INCOME> 117,728
<INTEREST-INCOME> 25,111
<OTHER-INCOME> 0
<EXPENSES-NET> 82,035
<NET-INVESTMENT-INCOME> 60,804
<REALIZED-GAINS-CURRENT> 27,672
<APPREC-INCREASE-CURRENT> (242,405)
<NET-CHANGE-FROM-OPS> (153,929)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 307,532
<NUMBER-OF-SHARES-REDEEMED> (31,534)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,322,329
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (534,753)
<GROSS-ADVISORY-FEES> 43,751
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 141,372
<AVERAGE-NET-ASSETS> 10,926,612
<PER-SHARE-NAV-BEGIN> 13.03
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> (0.17)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.89
<EXPENSE-RATIO> 0.75
</TABLE>
