<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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SIGNATURE LANCE CAMPBELL
TITLE MGR. FUND ACCOUNTING
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000765924
<NAME> BERGER OMNI INVESTMENT TRUST
<SERIES>
<NUMBER> 012
<NAME> BERGER SMALL CAP VALUE FUND - INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-START> OCT-01-1998
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 761794939
<INVESTMENTS-AT-VALUE> 781801840
<RECEIVABLES> 25795184
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<OTHER-ITEMS-ASSETS> 0
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<OTHER-ITEMS-LIABILITIES> 922030
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<SENIOR-EQUITY> 0
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<SHARES-COMMON-STOCK> 19733152<F1>
<SHARES-COMMON-PRIOR> 5263458<F1>
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<DISTRIBUTIONS-OF-INCOME> 1033592<F1>
<DISTRIBUTIONS-OF-GAINS> 4874484<F1>
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<SHARES-REINVESTED> 227011<F1>
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<OVERDISTRIB-NII-PRIOR> 0
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5289451
<AVERAGE-NET-ASSETS> 226184277<F1>
<PER-SHARE-NAV-BEGIN> 17.63<F1>
<PER-SHARE-NII> 0.04<F1>
<PER-SHARE-GAIN-APPREC> 4.28<F1>
<PER-SHARE-DIVIDEND> 0.14<F1>
<PER-SHARE-DISTRIBUTIONS> 0.81<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 21.00<F1>
<EXPENSE-RATIO> 1.01<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Institutional Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000765924
<NAME> BERGER OMNI INVESTMENT TRUST
<SERIES>
<NUMBER> 011
<NAME> BERGER SMALL CAP VALUE FUND - INVESTOR SHARES
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<INVESTMENTS-AT-VALUE> 781801840
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<GROSS-EXPENSE> 5289451
<AVERAGE-NET-ASSETS> 218035692<F1>
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<PER-SHARE-NII> (0.02)<F1>
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[AVG-DEBT-OUTSTANDING] 0
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<FN>
<F1>Investor Share Class
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</TABLE>
To the Board of Trustees and Shareholders of
Berger Omni Investment Trust
In planning and performing our audit of the financial statements
of Berger Omni Investment Trust for the year ended September 30,
1999, we considered its internal control, including control activities
for safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR, not to
provide assurance on internal control.
The management of Berger Omni Investment Trust is responsible for
establishing and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are required
to assess the expected benefits and related costs of controls.
Generally, controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements for external
purposes that are fairly presented in conformity with generally
accepted accounting principles. Those controls include the
safeguarding of assets against unauthorized acquisition, use or
disposition.
Because of inherent limitations in internal control, errors or
fraud may occur and not be detected. Also, projection of any
evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation
may deteriorate.
Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American Institute
of Certified Public Accountants. A material weakness is a
condition in which the design or operation of one or more of
the internal control components does not reduce to a relatively
low level the risk that misstatements caused by error or fraud
in amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing
their assigned functions. However, we noted no matters involving
internal control and its operation, including controls for
safeguarding securities, that we consider to be material weaknesses
as defined above as of September 30, 1999.
This report is intended solely for the information and use of
management and the Board of Trustees of Berger Omni Investment
Trust and the Securities and Exchange Commission and is not
intended to be and should not be used by anyone other than these
specified parties.
PricewaterhouseCoopers LLP
Denver, Colorado
November 4, 1999
