<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>5
<NAME>NATIONS ANNUITY MARSICO GROWTH & INCOME
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-END> Jun-30-2000
<INVESTMENTS-AT-COST> 72,453,615
<INVESTMENTS-AT-VALUE> 88,598,927
<RECEIVABLES> 5,672,186
<ASSETS-OTHER> 10,986
<OTHER-ITEMS-ASSETS> 42
<TOTAL-ASSETS> 94,282,099
<PAYABLE-FOR-SECURITIES> (5,586,067)
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (4,665,406)
<TOTAL-LIABILITIES> (10,251,473)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 66,123,274
<SHARES-COMMON-STOCK> 4,599,949
<SHARES-COMMON-PRIOR> 3,396,438
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (54,323)
<ACCUMULATED-NET-GAINS> 1,816,405
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16,145,312
<NET-ASSETS> 84,030,668
<DIVIDEND-INCOME> 118,500
<INTEREST-INCOME> 212,022
<OTHER-INCOME> 10,835
<EXPENSES-NET> 395,680
<NET-INVESTMENT-INCOME> (54,325)
<REALIZED-GAINS-CURRENT> 1,096,855
<APPREC-INCREASE-CURRENT> (3,617,808)
<NET-CHANGE-FROM-OPS> (2,575,276)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,504,003
<NUMBER-OF-SHARES-REDEEMED> (300,492)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 19,982,134
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 719,550
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 269,512
<INTEREST-EXPENSE> 531
<GROSS-EXPENSE> 496,266
<AVERAGE-NET-ASSETS> 35,938,152
<PER-SHARE-NAV-BEGIN> 18.86
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> (0.58)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 18.27
<EXPENSE-RATIO> 1.10
</TABLE>
