WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Vontobel International Equity Fund
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 124925842
<INVESTMENTS-AT-VALUE> 160060610
<RECEIVABLES> 49531708
<ASSETS-OTHER> 35113
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 211219200
<PAYABLE-FOR-SECURITIES> 50147027
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 304863
<TOTAL-LIABILITIES> 50451890
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 6527996
<SHARES-COMMON-PRIOR> 6873275
<ACCUMULATED-NII-CURRENT> 67030
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 31554559
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (51135051)
<NET-ASSETS> 160767310
<DIVIDEND-INCOME> 1038620
<INTEREST-INCOME> 83835
<OTHER-INCOME> 150807
<EXPENSES-NET> 1206232
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> (51135051)
<NET-CHANGE-FROM-OPS> (22574770)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1679564
<NUMBER-OF-SHARES-REDEEMED> 2024843
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (31769981)
<ACCUMULATED-NII-PRIOR> (345700)
<ACCUMULATED-GAINS-PRIOR> (8366747)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 785357
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1214083
<AVERAGE-NET-ASSETS> 177426000
<PER-SHARE-NAV-BEGIN> 28.01
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> (3.39)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 24.63
<EXPENSE-RATIO> 1.38
</TABLE>
