ASSET MANAGEMENT FUND
NSAR-B, EX-27, 2000-12-28
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000705318
<NAME> ASSET MANAGEMENT FUND
<SERIES>
   <NUMBER> 001
   <NAME> SHORT U.S. GOVERNMENT SECURITIES PORTFOLIO

<S>
<PERIOD-TYPE>                                                           12-mos
<FISCAL-YEAR-END>                                                  Oct-31-2000
<PERIOD-START>                                                     Nov-01-1999
<PERIOD-END>                                                       Oct-31-2000
<INVESTMENTS-AT-COST>                                                 94749300
<INVESTMENTS-AT-VALUE>                                                95482600
<RECEIVABLES>                                                          1155867
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<REALIZED-GAINS-CURRENT>                                              (1165577)
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<NET-CHANGE-FROM-OPS>                                                  5715380
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<SHARES-REINVESTED>                                                     344175
<NET-CHANGE-IN-ASSETS>                                               (18741640)
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<GROSS-ADVISORY-FEES>                                                   265092
<INTEREST-EXPENSE>                                                           0
<GROSS-EXPENSE>                                                         536718
<AVERAGE-NET-ASSETS>                                                 105933531
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<EXPENSE-RATIO>                                                           0.51




</TABLE>


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