<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> ASSET ALLOCATION FUND
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAY-31-2000
<PERIOD-END> MAY-31-2000
<INVESTMENTS-AT-COST> 194,716,891
<INVESTMENTS-AT-VALUE> 244,189,122
<RECEIVABLES> 3,037,031
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<PAYABLE-FOR-SECURITIES> 10,132,755
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<TOTAL-LIABILITIES> 10,438,530
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 169,235,369
<SHARES-COMMON-STOCK> 16,135,008
<SHARES-COMMON-PRIOR> 17,222,217
<ACCUMULATED-NII-CURRENT> 113,215
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<OVERDISTRIBUTION-GAINS> 0
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<DIVIDEND-INCOME> 1,724,715
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<OTHER-INCOME> 0
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<NET-INVESTMENT-INCOME> 7,462,756
<REALIZED-GAINS-CURRENT> 18,258,831
<APPREC-INCREASE-CURRENT> (9,382,943)
<NET-CHANGE-FROM-OPS> 16,338,644
<EQUALIZATION> 0
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<DISTRIBUTIONS-OF-GAINS> 4,419,555
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 644,299
<NUMBER-OF-SHARES-REDEEMED> 2,535,579
<SHARES-REINVESTED> 804,071
<NET-CHANGE-IN-ASSETS> (1,087,209)
<ACCUMULATED-NII-PRIOR> 43,773
<ACCUMULATED-GAINS-PRIOR> 4,199,691
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<PER-SHARE-DISTRIBUTIONS> 0.26
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</TABLE>
