<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
EXHIBIT 27 - FINANCIAL DATA SCHEDULE
SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRATED
FROM THE SEMI-ANNUAL REPORT DATE APRIL 30, 2000.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> RIGHTIME MIDCAP FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 69,009,357
<INVESTMENTS-AT-VALUE> 76,262,842
<RECEIVABLES> 249,868
<ASSETS-OTHER> 18,003
<OTHER-ITEMS-ASSETS> 125
<TOTAL-ASSETS> 76,530,838
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 221,918
<TOTAL-LIABILITIES> 221,918
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 71,382,512
<SHARES-COMMON-STOCK> 2,610,984
<SHARES-COMMON-PRIOR> 2,259,664
<ACCUMULATED-NII-CURRENT> (853,365)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,714,108)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,493,881
<NET-ASSETS> 76,308,920
<DIVIDEND-INCOME> 386,636
<INTEREST-INCOME> 285,867
<OTHER-INCOME> 0
<EXPENSES-NET> (820,074)
<NET-INVESTMENT-INCOME> (147,571)
<REALIZED-GAINS-CURRENT> (1,272,110)
<APPREC-INCREASE-CURRENT> 4,218,274
<NET-CHANGE-FROM-OPS> 2,798,593
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (13,555,697)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 89,063
<NUMBER-OF-SHARES-REDEEMED> (213,628)
<SHARES-REINVESTED> 475,885
<NET-CHANGE-IN-ASSETS> (942,074)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 12,421,793
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 190,779
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 190,779
<AVERAGE-NET-ASSETS> 76,726,501
<PER-SHARE-NAV-BEGIN> 34.19
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> 1.18
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 6.08
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 29.23
<EXPENSE-RATIO> 2.14
</TABLE>
