<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001064663
<NAME> T.O. RICHARDSON SECTOR ROTATION FUND
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 63,511,478
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<OTHER-ITEMS-LIABILITIES> 131,536
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<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 16,949
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<DIVIDEND-INCOME> 23,954
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<OTHER-INCOME> 0
<EXPENSES-NET> (512,638)
<NET-INVESTMENT-INCOME> 17,100
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<APPREC-INCREASE-CURRENT> (865,814)
<NET-CHANGE-FROM-OPS> 16,161,879
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<NUMBER-OF-SHARES-REDEEMED> (194,692)
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<NET-CHANGE-IN-ASSETS> 29,799,831
<ACCUMULATED-NII-PRIOR> 67,216
<ACCUMULATED-GAINS-PRIOR> 2,814,367
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (394,337)
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<PER-SHARE-NAV-BEGIN> 12.13
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<PER-SHARE-DIVIDEND> (0.02)
<PER-SHARE-DISTRIBUTIONS> (0.95)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.55
<EXPENSE-RATIO> 1.95
</TABLE>