BEARGUARD FUNDS INC
NSAR-A, EX-27, 2000-06-29
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<TABLE> <S> <C>


<ARTICLE>                                            6
<CIK>     0001084086
<NAME>    Bearguard Funds, Inc. - Institutional Class
<SERIES>
   <NUMBER>    1
   <NAME>      Bearguard Fund - Institutional Class

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              OCT-30-2000
<PERIOD-START>                                 NOV-01-1999
<PERIOD-END>                                   OCT-30-2000
<INVESTMENTS-AT-COST>                          1,048,789
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<TOTAL-LIABILITIES>                            1,102,785
<SENIOR-EQUITY>                                0
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<SHARES-COMMON-STOCK>                          103,447
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<ACCUMULATED-NET-GAINS>                        (36,394)
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<NET-CHANGE-FROM-OPS>                          (24,138)
<EQUALIZATION>                                 0
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<NUMBER-OF-SHARES-SOLD>                        105,350
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<GROSS-ADVISORY-FEES>                          (5,343)
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<GROSS-EXPENSE>                                (188,535)
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<EXPENSE-RATIO>                                2.50




</TABLE>


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