PAINEWEBBER OLYMPUS FUND/NY
NSAR-B, EX-27, 2000-10-30
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000759729
<NAME> PAINEWEBBER OLYMPUS FUND
<SERIES>
   <NUMBER> 1
   <NAME> GROWTH FUND CLASS A
<MULTIPLIER> 1000

<S>                             <C>
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<PERIOD-END>                               AUG-31-2000
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<OTHER-ITEMS-LIABILITIES>                        29879
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<SHARES-COMMON-STOCK>                            13276
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<NET-INVESTMENT-INCOME>                         (1655)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                       (23651)
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<NUMBER-OF-SHARES-SOLD>                           3700
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<EXPENSE-RATIO>                                   1.15



</TABLE>


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