FLEX FUNDS
NSAR-A, EX-27, 2000-08-29
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<TABLE> <S> <C>

<ARTICLE>                                                                6
<CIK>                                      0000702435
<NAME>                                     THE FLEX-FUNDS
<SERIES>
   <NUMBER>                                010
   <NAME>                                  THE DYNAMIC GROWTH FUND

<S>                                        <C>
<PERIOD-TYPE>                              4-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             FEB-29-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                                            139411014
<INVESTMENTS-AT-VALUE>                                           155813166
<RECEIVABLES>                                                      2702313
<ASSETS-OTHER>                                                       23424
<OTHER-ITEMS-ASSETS>                                                     0
<TOTAL-ASSETS>                                                   158538903
<PAYABLE-FOR-SECURITIES>                                                 0
<SENIOR-LONG-TERM-DEBT>                                                  0
<OTHER-ITEMS-LIABILITIES>                                          2711836
<TOTAL-LIABILITIES>                                                2711836
<SENIOR-EQUITY>                                                          0
<PAID-IN-CAPITAL-COMMON>                                         134723980
<SHARES-COMMON-STOCK>                                             24668078
<SHARES-COMMON-PRIOR>                                             18244445
<ACCUMULATED-NII-CURRENT>                                          2355173
<OVERDISTRIBUTION-NII>                                                   0
<ACCUMULATED-NET-GAINS>                                            2345762
<OVERDISTRIBUTION-GAINS>                                                 0
<ACCUM-APPREC-OR-DEPREC>                                          16402152
<NET-ASSETS>                                                     155827067
<DIVIDEND-INCOME>                                                   174648
<INTEREST-INCOME>                                                  3347890
<OTHER-INCOME>                                                           0
<EXPENSES-NET>                                                     1677507
<NET-INVESTMENT-INCOME>                                            1845031
<REALIZED-GAINS-CURRENT>                                          24271958
<APPREC-INCREASE-CURRENT>                                       (5,000,347)
<NET-CHANGE-FROM-OPS>                                             21116642
<EQUALIZATION>                                                           0
<DISTRIBUTIONS-OF-INCOME>                                          1844594
<DISTRIBUTIONS-OF-GAINS>                                          26315111
<DISTRIBUTIONS-OTHER>                                                    0
<NUMBER-OF-SHARES-SOLD>                                            7800886
<NUMBER-OF-SHARES-REDEEMED>                                        6156981
<SHARES-REINVESTED>                                                4779728
<NET-CHANGE-IN-ASSETS>                                            30279774
<ACCUMULATED-NII-PRIOR>                                               1263
<ACCUMULATED-GAINS-PRIOR>                                          6742388
<OVERDISTRIB-NII-PRIOR>                                                  0
<OVERDIST-NET-GAINS-PRIOR>                                               0
<GROSS-ADVISORY-FEES>                                                    0
<INTEREST-EXPENSE>                                                       0
<GROSS-EXPENSE>                                                    1677507
<AVERAGE-NET-ASSETS>                                             138514306
<PER-SHARE-NAV-BEGIN>                                                 6.88
<PER-SHARE-NII>                                                       0.09
<PER-SHARE-GAIN-APPREC>                                               0.89
<PER-SHARE-DIVIDEND>                                                  0.09
<PER-SHARE-DISTRIBUTIONS>                                             1.45
<RETURNS-OF-CAPITAL>                                                  0.00
<PER-SHARE-NAV-END>                                                   6.32
<EXPENSE-RATIO>                                                       1.21
<FN>
<F1>
</FN>



</TABLE>


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