<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE RIGHTIME FAMILY OF FUNDS EXHIBIT 27 - SUMMARY OF FINANCIAL INFORMATION FROM
ANNUAL REPORT DATED OCTOBER 31, 2000
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> THE RIGHTIME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 87,933,739
<INVESTMENTS-AT-VALUE> 88,770,471
<RECEIVABLES> 220,197
<ASSETS-OTHER> 38,106
<OTHER-ITEMS-ASSETS> 489
<TOTAL-ASSETS> 89,029,263
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 914,028
<TOTAL-LIABILITIES> 914,028
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 87,414,885
<SHARES-COMMON-STOCK> 2,994,637
<SHARES-COMMON-PRIOR> 3,315,758
<ACCUMULATED-NII-CURRENT> 88,415
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 562,903
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 49,032
<NET-ASSETS> 88,115,235
<DIVIDEND-INCOME> 1,854,422
<INTEREST-INCOME> 2,121,401
<OTHER-INCOME> 0
<EXPENSES-NET> (2,700,233)
<NET-INVESTMENT-INCOME> 1,275,590
<REALIZED-GAINS-CURRENT> 604,404
<APPREC-INCREASE-CURRENT> (679,591)
<NET-CHANGE-FROM-OPS> 1,200,403
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,238,737)
<DISTRIBUTIONS-OF-GAINS> (12,890,857)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 182,850
<NUMBER-OF-SHARES-REDEEMED> (960,450)
<SHARES-REINVESTED> 456,479
<NET-CHANGE-IN-ASSETS> (24,515,135)
<ACCUMULATED-NII-PRIOR> 1,057,813
<ACCUMULATED-GAINS-PRIOR> 12,843,105
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 544,962
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 544,962
<AVERAGE-NET-ASSETS> 108,925,711
<PER-SHARE-NAV-BEGIN> 33.97
<PER-SHARE-NII> 0.40
<PER-SHARE-GAIN-APPREC> (0.27)
<PER-SHARE-DIVIDEND> 0.69
<PER-SHARE-DISTRIBUTIONS> 3.99
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.42
<EXPENSE-RATIO> 2.48
</TABLE>
