SAGE LIFE INVESTMENT TRUST
NSAR-A/A, EX-27, 2000-08-29
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001054187
<NAME> SAGE LIFE INVESTMENT TRUST
<SERIES>
   <NUMBER> 2
   <NAME> S&P 500 EQUITY INDEX FUND
<MULTIPLIER> 1

<S>                             <C>
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<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                          4395580
<INVESTMENTS-AT-VALUE>                         5069011
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                    1418
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<PAYABLE-FOR-SECURITIES>                             0
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       4227927
<SHARES-COMMON-STOCK>                           433925
<SHARES-COMMON-PRIOR>                           507457
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<APPREC-INCREASE-CURRENT>                     (196766)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                           5002
<NUMBER-OF-SHARES-REDEEMED>                      78534
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<NET-CHANGE-IN-ASSETS>                        (896848)
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<EXPENSE-RATIO>                                    .55


</TABLE>


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