<PAGE> PAGE 1
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007 C020200 THE KENT MICHIGAN MUNICIPAL MONEY MARKET FUND
007 C030200 N
007 C010300 3
007 C020300 THE KENT GROWTH AND INCOME FUND
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007 C020400 THE KENT INDEX EQUITY FUND
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007 C020500 THE KENT INTERNATIONAL GROWTH FUND
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007 C020600 THE KENT SMALL COMPANY GROWTH FUND
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007 C020700 THE KENT SHORT TERM BOND FUND
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007 C020800 THE KENT INTERMEDIATE TAX-FREE FUND
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007 C020900 THE KENT INTERMEDIATE BOND FUND
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007 C021000 THE KENT MICHIGAN MUNICIPAL BOND FUND
<PAGE> PAGE 2
007 C031000 N
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007 C021100 THE KENT LIMITED TERM TAX-FREE FUND
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007 C021200 THE KENT INCOME FUND
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007 C021300 THE KENT TAX-FREE INCOME FUND
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 N
055 A000900 Y
055 B000900 N
062 A000900 Y
062 B000900 0.0
062 C000900 0.0
062 D000900 5.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 3.7
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 68.9
062 N000900 3.0
062 O000900 0.6
062 P000900 15.4
062 Q000900 0.0
062 R000900 2.2
063 A000900 0
063 B000900 4.7
064 A000900 N
064 B000900 N
066 A000900 N
<PAGE> PAGE 42
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 Y
070 L010900 Y
070 L020900 Y
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900 693543
071 B000900 987493
071 C000900 773964
071 D000900 90
072 A000900 6
072 B000900 31484
072 C000900 1816
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072 F000900 2498
072 G000900 908
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072 J000900 12
072 K000900 0
<PAGE> PAGE 43
072 L000900 5
072 M000900 2
072 N000900 4
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072 P000900 0
072 Q000900 5
072 R000900 3
072 S000900 16
072 T000900 8
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072 V000900 0
072 W000900 18
072 X000900 3490
072 Y000900 0
072 Z000900 29810
072AA000900 14287
072BB000900 0
072CC010900 49686
072CC020900 0
072DD010900 28059
072DD020900 196
072EE000900 0
073 A010900 0.3000
073 A020900 0.2900
073 B000900 0.0000
073 C000900 0.0000
074 A000900 0
074 B000900 40000
074 C000900 29965
074 D000900 707133
074 E000900 0
074 F000900 0
074 G000900 0
074 H000900 0
074 I000900 17880
074 J000900 5699
074 K000900 0
074 L000900 11220
074 M000900 0
074 N000900 811897
074 O000900 5299
074 P000900 40
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 1963
074 S000900 0
074 T000900 804595
074 U010900 80119
074 U020900 641
<PAGE> PAGE 44
074 V010900 9.96
074 V020900 9.99
074 W000900 0.0000
074 X000900 749
074 Y000900 0
075 A000900 0
075 B000900 915712
076 000900 0.00
028 A011000 1026
028 A021000 9
028 A031000 0
028 A041000 1735
028 B011000 5416
028 B021000 9
028 B031000 0
028 B041000 4858
028 C011000 1747
028 C021000 8
028 C031000 0
028 C041000 3062
028 D011000 5676
028 D021000 8
028 D031000 0
028 D041000 1889
028 E011000 1478
028 E021000 5
028 E031000 0
028 E041000 2043
028 F011000 41540
028 F021000 6
028 F031000 0
028 F041000 2277
028 G011000 56883
028 G021000 45
028 G031000 0
028 G041000 15864
028 H001000 409
029 001000 Y
030 A001000 11
030 B001000 4.00
030 C001000 0.75
031 A001000 0
031 B001000 0
032 001000 11
033 001000 0
037 001000 N
038 001000 0
039 001000 N
040 001000 Y
041 001000 Y
042 A001000 0
<PAGE> PAGE 45
042 B001000 0
042 C001000 0
042 D001000 100
042 E001000 0
042 F001000 0
042 G001000 0
042 H001000 0
043 001000 1
044 001000 0
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046 001000 N
047 001000 Y
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048 A011000 0
048 A021000 0.000
048 B011000 0
048 B021000 0.000
048 C011000 0
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048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 0
048 K021000 0.000
049 001000 N
050 001000 N
051 001000 N
052 001000 N
053 A001000 Y
053 B001000 Y
053 C001000 N
055 A001000 Y
055 B001000 N
062 A001000 Y
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
<PAGE> PAGE 46
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.4
062 M001000 0.0
062 N001000 0.0
062 O001000 100.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
063 A001000 0
063 B001000 3.3
064 A001000 Y
064 B001000 N
066 A001000 N
070 A011000 Y
070 A021000 N
070 B011000 Y
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 Y
070 Q011000 N
070 Q021000 N
070 R011000 Y
<PAGE> PAGE 47
070 R021000 N
071 A001000 59490
071 B001000 14807
071 C001000 121146
071 D001000 12
072 A001000 6
072 B001000 2859
072 C001000 52
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072 L001000 2
072 M001000 2
072 N001000 6
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072 R001000 3
072 S001000 4
072 T001000 1
072 U001000 0
072 V001000 0
072 W001000 2
072 X001000 449
072 Y001000 20
072 Z001000 2482
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072BB001000 90272
072CC011000 2992
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072DD011000 2635
072DD021000 36
072EE001000 0
073 A011000 0.2000
073 A021000 0.2000
073 B001000 0.0000
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074 A001000 0
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074 C001000 672
074 D001000 164246
074 E001000 0
074 F001000 0
074 G001000 0
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<PAGE> PAGE 48
074 J001000 0
074 K001000 0
074 L001000 2056
074 M001000 0
074 N001000 166974
074 O001000 2652
074 P001000 8
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 73
074 S001000 0
074 T001000 164241
074 U011000 16305
074 U021000 188
074 V011000 9.96
074 V021000 9.96
074 W001000 0.0000
074 X001000 35
074 Y001000 0
075 A001000 0
075 B001000 127085
076 001000 0.00
028 A011100 613
028 A021100 0
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028 A041100 1434
028 B011100 1576
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028 C011100 583
028 C021100 0
028 C031100 0
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028 D011100 920
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028 D041100 2407
028 E011100 606
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028 E041100 1152
028 F011100 7586
028 F021100 1
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028 F041100 453
028 G011100 11884
028 G021100 1
028 G031100 0
<PAGE> PAGE 49
028 G041100 9311
028 H001100 55
029 001100 Y
030 A001100 3
030 B001100 4.00
030 C001100 0.75
031 A001100 0
031 B001100 0
032 001100 3
033 001100 0
037 001100 N
038 001100 0
039 001100 N
040 001100 Y
041 001100 Y
042 A001100 0
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042 C001100 0
042 D001100 100
042 E001100 0
042 F001100 0
042 G001100 0
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045 001100 Y
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047 001100 Y
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048 B021100 0.000
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048 D021100 0.000
048 E011100 0
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048 F011100 0
048 F021100 0.000
048 G011100 0
048 G021100 0.000
048 H011100 0
048 H021100 0.000
048 I011100 0
048 I021100 0.000
048 J011100 0
048 J021100 0.000
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048 K021100 0.000
<PAGE> PAGE 50
049 001100 N
050 001100 N
051 001100 N
052 001100 N
053 A001100 Y
053 B001100 Y
053 C001100 N
055 A001100 N
055 B001100 N
062 A001100 Y
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 2.7
062 M001100 0.0
062 N001100 0.0
062 O001100 98.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
063 A001100 0
063 B001100 3.0
064 A001100 Y
064 B001100 N
066 A001100 N
070 A011100 Y
070 A021100 N
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 N
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 N
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 N
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 Y
<PAGE> PAGE 51
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 N
070 M011100 N
070 M021100 N
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 Y
070 Q011100 N
070 Q021100 N
070 R011100 Y
070 R021100 N
071 A001100 14190
071 B001100 9265
071 C001100 39555
071 D001100 23
072 A001100 6
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072 Y001100 6
072 Z001100 839
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<PAGE> PAGE 52
072DD011100 845
072DD021100 1
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074 L001100 707
074 M001100 0
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074 O001100 1000
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074 U021100 6
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028 A011200 0
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028 C021200 70
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<PAGE> PAGE 53
028 C041200 3464
028 D011200 21508
028 D021200 98
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028 D041200 5492
028 E011200 11801
028 E021200 104
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028 F011200 7538
028 F021200 107
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028 F041200 11974
028 G011200 150181
028 G021200 379
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028 H001200 1246
029 001200 Y
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039 001200 N
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041 001200 Y
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<PAGE> PAGE 54
048 D011200 0
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048 I011200 0
048 I021200 0.000
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048 K021200 0.000
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050 001200 N
051 001200 N
052 001200 N
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057 001200 N
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064 B001200 N
066 A001200 N
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068 A001200 N
068 B001200 N
<PAGE> PAGE 55
069 001200 N
070 A011200 Y
070 A021200 N
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070 D011200 N
070 D021200 N
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070 F021200 N
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070 H011200 N
070 H021200 N
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070 J021200 Y
070 K011200 Y
070 K021200 Y
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070 Q021200 N
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<PAGE> PAGE 56
072 K001200 0
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<PAGE> PAGE 57
074 U021200 121
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028 A011300 0
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<PAGE> PAGE 58
042 A001300 0
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048 K021300 0.000
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050 001300 N
051 001300 N
052 001300 N
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<PAGE> PAGE 59
062 G001300 0.0
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062 O001300 99.3
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063 B001300 11.7
064 A001300 Y
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068 A001300 N
068 B001300 N
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070 A011300 Y
070 A021300 N
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070 D021300 N
070 E011300 Y
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070 F011300 N
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 Y
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070 M011300 N
070 M021300 N
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<PAGE> PAGE 60
070 P011300 Y
070 P021300 Y
070 Q011300 N
070 Q021300 N
070 R011300 Y
070 R021300 N
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071 B001300 12417
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072 R001300 2
072 S001300 1
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072 U001300 0
072 V001300 0
072 W001300 2
072 X001300 219
072 Y001300 0
072 Z001300 1018
072AA001300 4
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072CC021300 0
072DD011300 1282
072DD021300 3
072EE001300 0
073 A011300 0.1500
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073 C001300 0.0000
074 A001300 0
074 B001300 0
074 C001300 1327
074 D001300 98830
<PAGE> PAGE 61
074 E001300 0
074 F001300 0
074 G001300 0
074 H001300 0
074 I001300 0
074 J001300 0
074 K001300 0
074 L001300 1357
074 M001300 6
074 N001300 101520
074 O001300 1901
074 P001300 6
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 37
074 S001300 0
074 T001300 99576
074 U011300 9863
074 U021300 39
074 V011300 10.06
074 V021300 10.08
074 W001300 0.0000
074 X001300 19
074 Y001300 0
075 A001300 0
075 B001300 84856
076 001300 0.00
SIGNATURE TOM P. CUNNINGHAM
TITLE V. PRESIDENT FUND RP
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> THE KENT MICHIGAM MUNICIPAL BOND FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 165,062,902
<INVESTMENTS-AT-VALUE> 164,917,833
<RECEIVABLES> 2,056,611
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 166,974,444
<PAYABLE-FOR-SECURITIES> 2,651,806
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 81,345
<TOTAL-LIABILITIES> 2,733,151
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 165,138,624
<SHARES-COMMON-STOCK> 16,304,533
<SHARES-COMMON-PRIOR> 12,188,636
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 322,338
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 429,924
<ACCUM-APPREC-OR-DEPREC> (145,069)
<NET-ASSETS> 164,241,293
<DIVIDEND-INCOME> 52,186
<INTEREST-INCOME> 2,858,937
<OTHER-INCOME> 0
<EXPENSES-NET> 429,185
<NET-INVESTMENT-INCOME> 2,481,938
<REALIZED-GAINS-CURRENT> (90,272)
<APPREC-INCREASE-CURRENT> 2,992,406
<NET-CHANGE-FROM-OPS> 5,384,072
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,634,774
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 56,643,762
<NUMBER-OF-SHARES-REDEEMED> 15,455,036
<SHARES-REINVESTED> 21,777
<NET-CHANGE-IN-ASSETS> 43,776,634
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 132,873
<OVERDIST-NET-GAINS-PRIOR> 339,652
<GROSS-ADVISORY-FEES> 283,591
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 449,240
<AVERAGE-NET-ASSETS> 125,243,197
<PER-SHARE-NAV-BEGIN> 9.72
<PER-SHARE-NII> .2
<PER-SHARE-GAIN-APPREC> .24
<PER-SHARE-DIVIDEND> .2
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.96
<EXPENSE-RATIO> .68
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> THE KENT MICHIGAN MUNICIPAL BOND FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 165,062,902
<INVESTMENTS-AT-VALUE> 164,917,833
<RECEIVABLES> 2,056,611
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 166,974,444
<PAYABLE-FOR-SECURITIES> 2,651,806
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 81,345
<TOTAL-LIABILITIES> 2,733,151
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 165,138,624
<SHARES-COMMON-STOCK> 188,479
<SHARES-COMMON-PRIOR> 203,625
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 322,338
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 429,924
<ACCUM-APPREC-OR-DEPREC> (145,069)
<NET-ASSETS> 164,241,293
<DIVIDEND-INCOME> 52,186
<INTEREST-INCOME> 2,858,937
<OTHER-INCOME> 0
<EXPENSES-NET> 429,185
<NET-INVESTMENT-INCOME> 2,481,938
<REALIZED-GAINS-CURRENT> (90,272)
<APPREC-INCREASE-CURRENT> 2,992,406
<NET-CHANGE-FROM-OPS> 5,384,072
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 36,629
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 239,166
<NUMBER-OF-SHARES-REDEEMED> 408,652
<SHARES-REINVESTED> 22,948
<NET-CHANGE-IN-ASSETS> 43,776,634
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 132,873
<OVERDIST-NET-GAINS-PRIOR> 339,652
<GROSS-ADVISORY-FEES> 283,591
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 449,240
<AVERAGE-NET-ASSETS> 1,841,612
<PER-SHARE-NAV-BEGIN> 9.72
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> .22
<PER-SHARE-DIVIDEND> .2
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.96
<EXPENSE-RATIO> .82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> THE KENT LIMITED TERM TAX-FREE FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 47,232,392
<INVESTMENTS-AT-VALUE> 47,526,674
<RECEIVABLES> 707,410
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 48,234,084
<PAYABLE-FOR-SECURITIES> 1,000,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 34,998
<TOTAL-LIABILITIES> 1,034,998
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 47,043,232
<SHARES-COMMON-STOCK> 4,678,444
<SHARES-COMMON-PRIOR> 4,436,812
<ACCUMULATED-NII-CURRENT> 22,896
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 161,324
<ACCUM-APPREC-OR-DEPREC> 294,282
<NET-ASSETS> 47,199,086
<DIVIDEND-INCOME> 20,856
<INTEREST-INCOME> 964,914
<OTHER-INCOME> 0
<EXPENSES-NET> 146,415
<NET-INVESTMENT-INCOME> 839,355
<REALIZED-GAINS-CURRENT> (42,991)
<APPREC-INCREASE-CURRENT> 1,171,283
<NET-CHANGE-FROM-OPS> 1,967,647
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 845,635
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,828,381
<NUMBER-OF-SHARES-REDEEMED> 9,310,767
<SHARES-REINVESTED> 659
<NET-CHANGE-IN-ASSETS> 3,695,711
<ACCUMULATED-NII-PRIOR> 29,703
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 118,333
<GROSS-ADVISORY-FEES> 93,895
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 152,694
<AVERAGE-NET-ASSETS> 42,524,825
<PER-SHARE-NAV-BEGIN> 9.8
<PER-SHARE-NII> .2
<PER-SHARE-GAIN-APPREC> .28
<PER-SHARE-DIVIDEND> .2
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.08
<EXPENSE-RATIO> .69
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> THE KENT LIMITED TERM TAX-FREE FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 47,232,392
<INVESTMENTS-AT-VALUE> 47,526,674
<RECEIVABLES> 707,410
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 48,234,084
<PAYABLE-FOR-SECURITIES> 1,000,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 34,998
<TOTAL-LIABILITIES> 1,034,998
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 47,043,232
<SHARES-COMMON-STOCK> 6,220
<SHARES-COMMON-PRIOR> 685
<ACCUMULATED-NII-CURRENT> 22,896
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 161,324
<ACCUM-APPREC-OR-DEPREC> 294,282
<NET-ASSETS> 47,199,086
<DIVIDEND-INCOME> 20,856
<INTEREST-INCOME> 964,914
<OTHER-INCOME> 0
<EXPENSES-NET> 146,415
<NET-INVESTMENT-INCOME> 839,355
<REALIZED-GAINS-CURRENT> (42,991)
<APPREC-INCREASE-CURRENT> 1,171,283
<NET-CHANGE-FROM-OPS> 1,967,647
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 527
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 55,439
<NUMBER-OF-SHARES-REDEEMED> 13
<SHARES-REINVESTED> 527
<NET-CHANGE-IN-ASSETS> 3,695,711
<ACCUMULATED-NII-PRIOR> 29,703
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 118,333
<GROSS-ADVISORY-FEES> 93,895
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 152,694
<AVERAGE-NET-ASSETS> 24,445
<PER-SHARE-NAV-BEGIN> 9.81
<PER-SHARE-NII> .18
<PER-SHARE-GAIN-APPREC> .3
<PER-SHARE-DIVIDEND> .19
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.10
<EXPENSE-RATIO> .8
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 12
<NAME> THE KENT INCOME FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 124,807,396
<INVESTMENTS-AT-VALUE> 130,605,334
<RECEIVABLES> 4,393,677
<ASSETS-OTHER> 8,799
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 135,007,810
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 83,266
<TOTAL-LIABILITIES> 83,266
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 128,309,953
<SHARES-COMMON-STOCK> 12,711,525
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 47,664
<ACCUMULATED-NET-GAINS> 864,317
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,797,938
<NET-ASSETS> 134,924,544
<DIVIDEND-INCOME> 161,119
<INTEREST-INCOME> 2,566,049
<OTHER-INCOME> 0
<EXPENSES-NET> 335,253
<NET-INVESTMENT-INCOME> 2,391,915
<REALIZED-GAINS-CURRENT> 864,317
<APPREC-INCREASE-CURRENT> 5,797,938
<NET-CHANGE-FROM-OPS> 9,054,170
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,429,115
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 148,935,010
<NUMBER-OF-SHARES-REDEEMED> 22,244,567
<SHARES-REINVESTED> 369,555
<NET-CHANGE-IN-ASSETS> 134,924,544
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 211,253
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 335,253
<AVERAGE-NET-ASSETS> 124,277,470
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .20
<PER-SHARE-GAIN-APPREC> .51
<PER-SHARE-DIVIDEND> .2
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.51
<EXPENSE-RATIO> .95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 12
<NAME> THE KENT INCOME FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 124,807,396
<INVESTMENTS-AT-VALUE> 130,605,334
<RECEIVABLES> 4,393,677
<ASSETS-OTHER> 8,799
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 135,007,810
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 83,266
<TOTAL-LIABILITIES> 83,266
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 128,309,953
<SHARES-COMMON-STOCK> 121,206
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 47,664
<ACCUMULATED-NET-GAINS> 864,317
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,797,938
<NET-ASSETS> 134,924,544
<DIVIDEND-INCOME> 161,119
<INTEREST-INCOME> 2,566,049
<OTHER-INCOME> 0
<EXPENSES-NET> 335,253
<NET-INVESTMENT-INCOME> 2,391,915
<REALIZED-GAINS-CURRENT> 864,317
<APPREC-INCREASE-CURRENT> 5,797,938
<NET-CHANGE-FROM-OPS> 9,054,170
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10,464
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,245,613
<NUMBER-OF-SHARES-REDEEMED> 4,942
<SHARES-REINVESTED> 9,284
<NET-CHANGE-IN-ASSETS> 134,924,544
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 211,253
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 335,253
<AVERAGE-NET-ASSETS> 506,715
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .18
<PER-SHARE-GAIN-APPREC> .5
<PER-SHARE-DIVIDEND> .19
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.49
<EXPENSE-RATIO> 1.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 13
<NAME> THE KENT TAX-FREE INCOME FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 99,580,679
<INVESTMENTS-AT-VALUE> 100,156,770
<RECEIVABLES> 1,357,429
<ASSETS-OTHER> 6,243
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 101,520,442
<PAYABLE-FOR-SECURITIES> 1,900,640
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43,637
<TOTAL-LIABILITIES> 1,944,277
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99,263,116
<SHARES-COMMON-STOCK> 9,862,910
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 267,105
<ACCUMULATED-NET-GAINS> 4,063
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 576,091
<NET-ASSETS> 99,576,165
<DIVIDEND-INCOME> 20,580
<INTEREST-INCOME> 1,216,991
<OTHER-INCOME> 0
<EXPENSES-NET> 219,266
<NET-INVESTMENT-INCOME> 1,018,305
<REALIZED-GAINS-CURRENT> 4,063
<APPREC-INCREASE-CURRENT> 576,091
<NET-CHANGE-FROM-OPS> 1,598,459
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,282,251
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 108,320,355
<NUMBER-OF-SHARES-REDEEMED> 9,453,969
<SHARES-REINVESTED> 5,316
<NET-CHANGE-IN-ASSETS> 99,576,165
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 131,812
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 219,266
<AVERAGE-NET-ASSETS> 84,711,817
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .12
<PER-SHARE-GAIN-APPREC> .09
<PER-SHARE-DIVIDEND> .15
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.06
<EXPENSE-RATIO> .91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 13
<NAME> THE KENT TAX-FREE INCOME FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 99,580,679
<INVESTMENTS-AT-VALUE> 100,156,770
<RECEIVABLES> 1,357,429
<ASSETS-OTHER> 6,243
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 101,520,442
<PAYABLE-FOR-SECURITIES> 1,900,640
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43,637
<TOTAL-LIABILITIES> 1,944,277
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99,263,116
<SHARES-COMMON-STOCK> 38,684
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 267,105
<ACCUMULATED-NET-GAINS> 4,063
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 576,091
<NET-ASSETS> 99,576,165
<DIVIDEND-INCOME> 20,580
<INTEREST-INCOME> 1,216,991
<OTHER-INCOME> 0
<EXPENSES-NET> 219,266
<NET-INVESTMENT-INCOME> 1,018,305
<REALIZED-GAINS-CURRENT> 4,063
<APPREC-INCREASE-CURRENT> 576,091
<NET-CHANGE-FROM-OPS> 1,598,459
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,159
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 388,348
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 3,066
<NET-CHANGE-IN-ASSETS> 99,576,165
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 131,812
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 219,266
<AVERAGE-NET-ASSETS> 243,843
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> .1
<PER-SHARE-DIVIDEND> .11
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.08
<EXPENSE-RATIO> 1.19
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> THE KENT MONEY MARKET FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 613,592,776
<INVESTMENTS-AT-VALUE> 613,592,776
<RECEIVABLES> 1,103,297
<ASSETS-OTHER> 9,569
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 614,705,642
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,130,121
<TOTAL-LIABILITIES> 3,130,121
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 611,564,990
<SHARES-COMMON-STOCK> 610,204,052
<SHARES-COMMON-PRIOR> 323,532,615
<ACCUMULATED-NII-CURRENT> 13,072
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 2,541
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 611,575,521
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 16,020,481
<OTHER-INCOME> 0
<EXPENSES-NET> 1,572,598
<NET-INVESTMENT-INCOME> 14,447,883
<REALIZED-GAINS-CURRENT> (1,561)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 14,446,322
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 14,427,024
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 586,096,267
<NUMBER-OF-SHARES-REDEEMED> 299,574,028
<SHARES-REINVESTED> 149,198
<NET-CHANGE-IN-ASSETS> 287,667,097
<ACCUMULATED-NII-PRIOR> 13,072
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 980
<GROSS-ADVISORY-FEES> 1,048,801
<INTEREST-EXPENSE> 0
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<NAME> THE KENT MONEY MARKET - INVESTMENT
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<NAME> THE KENT MICHIGAN MUNICIPAL MONEY MARKET FUND-INSTITUTIONAL
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<NAME> THE KENT MICHIGAN MUNICIPAL MONEY MARKET-INVESTMENT
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<NAME> THE KENT GROWTH AND INCOME FUND - INSTITUTIONAL
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<NAME> THE KENT GROWTH AND INCOME FUND - INVESTMENT
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<NAME> THE KENT INDEX EQUITY FUND - INSTITUTIONAL
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<NAME> THE KENT INDEX EQUITY FUND - INVESTMENT
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<NUMBER> 5
<NAME> THE KENT INTERNATIONAL GROWTH FUND - INSTITUTIONAL
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<NAME> THE KENT INTERNATIONAL GROWTH FUND - INVESTMENT
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<ACCUM-APPREC-OR-DEPREC> 21,684,337
<NET-ASSETS> 185,475,621
<DIVIDEND-INCOME> 2,539,325
<INTEREST-INCOME> 289,873
<OTHER-INCOME> 0
<EXPENSES-NET> 1,143,538
<NET-INVESTMENT-INCOME> 1,685,660
<REALIZED-GAINS-CURRENT> 2,060,339
<APPREC-INCREASE-CURRENT> (8,534,000)
<NET-CHANGE-FROM-OPS> (4,788,001)
<EQUALIZATION> 0
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<DISTRIBUTIONS-OF-GAINS> 74,806
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<NUMBER-OF-SHARES-SOLD> 903,779
<NUMBER-OF-SHARES-REDEEMED> 1,134,338
<SHARES-REINVESTED> 73,182
<NET-CHANGE-IN-ASSETS> 751,120
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,290,138
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<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 685,657
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,143,538
<AVERAGE-NET-ASSETS> 5,990,662
<PER-SHARE-NAV-BEGIN> 13.00
<PER-SHARE-NII> .1
<PER-SHARE-GAIN-APPREC> (.46)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .16
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.48
<EXPENSE-RATIO> 1.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> THE KENT SMALL COMPANY GROWTH FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 260,399,147
<INVESTMENTS-AT-VALUE> 287,664,698
<RECEIVABLES> 1,103,968
<ASSETS-OTHER> 7,902
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 288,776,568
<PAYABLE-FOR-SECURITIES> 54,104
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50,710
<TOTAL-LIABILITIES> 104,814
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 252,561,627
<SHARES-COMMON-STOCK> 21,630,085
<SHARES-COMMON-PRIOR> 25,374,054
<ACCUMULATED-NII-CURRENT> 109,389
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,754,962
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 27,245,776
<NET-ASSETS> 288,671,754
<DIVIDEND-INCOME> 2,825,114
<INTEREST-INCOME> 11,558
<OTHER-INCOME> 0
<EXPENSES-NET> 1,488,058
<NET-INVESTMENT-INCOME> 1,348,614
<REALIZED-GAINS-CURRENT> 8,865,083
<APPREC-INCREASE-CURRENT> 25,055,672
<NET-CHANGE-FROM-OPS> 35,269,369
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,214,089
<DISTRIBUTIONS-OF-GAINS> 10,657,276
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41,884,721
<NUMBER-OF-SHARES-REDEEMED> 95,223,170
<SHARES-REINVESTED> 6,034,322
<NET-CHANGE-IN-ASSETS> (23,939,884)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 10,830,043
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,071,489
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,488,058
<AVERAGE-NET-ASSETS> 300,346,536
<PER-SHARE-NAV-BEGIN> 11.99
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> 1.34
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> .43
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.91
<EXPENSE-RATIO> .97
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> THE KENT SMALL COMPANY GROWTH FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 260,399,147
<INVESTMENTS-AT-VALUE> 287,664,698
<RECEIVABLES> 1,103,968
<ASSETS-OTHER> 7,902
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 288,776,568
<PAYABLE-FOR-SECURITIES> 54,104
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50,710
<TOTAL-LIABILITIES> 104,814
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 252,561,627
<SHARES-COMMON-STOCK> 725,613
<SHARES-COMMON-PRIOR> 704,127
<ACCUMULATED-NII-CURRENT> 109,389
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,754,962
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 27,245,776
<NET-ASSETS> 288,671,754
<DIVIDEND-INCOME> 2,825,114
<INTEREST-INCOME> 11,558
<OTHER-INCOME> 0
<EXPENSES-NET> 1,488,058
<NET-INVESTMENT-INCOME> 1,348,614
<REALIZED-GAINS-CURRENT> 8,865,083
<APPREC-INCREASE-CURRENT> 25,055,672
<NET-CHANGE-FROM-OPS> 35,269,369
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 25,136
<DISTRIBUTIONS-OF-GAINS> 282,888
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,491,325
<NUMBER-OF-SHARES-REDEEMED> 1,518,856
<SHARES-REINVESTED> 301,794
<NET-CHANGE-IN-ASSETS> (23,939,884)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 10,830,043
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 1,071,489
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<GROSS-EXPENSE> 1,488,058
<AVERAGE-NET-ASSETS> 8,330,319
<PER-SHARE-NAV-BEGIN> 11.98
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 1.35
<PER-SHARE-DIVIDEND> .04
<PER-SHARE-DISTRIBUTIONS> .43
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.90
<EXPENSE-RATIO> 1.19
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> THE KENT SHORT TERM BOND FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 291,569,018
<INVESTMENTS-AT-VALUE> 292,673,761
<RECEIVABLES> 3,027,770
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 295,701,531
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 53,765
<TOTAL-LIABILITIES> 53,765
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 300,003,342
<SHARES-COMMON-STOCK> 29,875,416
<SHARES-COMMON-PRIOR> 18,569,368
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 472,188
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 4,988,131
<ACCUM-APPREC-OR-DEPREC> 1,104,743
<NET-ASSETS> 295,647,766
<DIVIDEND-INCOME> 321,165
<INTEREST-INCOME> 5,477,472
<OTHER-INCOME> 0
<EXPENSES-NET> 712,527
<NET-INVESTMENT-INCOME> 5,086,110
<REALIZED-GAINS-CURRENT> (899,577)
<APPREC-INCREASE-CURRENT> 6,814,992
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<DISTRIBUTIONS-OF-INCOME> 5,427,784
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<NUMBER-OF-SHARES-SOLD> 151,782,847
<NUMBER-OF-SHARES-REDEEMED> 43,687,194
<SHARES-REINVESTED> 4,051,560
<NET-CHANGE-IN-ASSETS> 117,233,444
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 83,228
<OVERDIST-NET-GAINS-PRIOR> 4,088,554
<GROSS-ADVISORY-FEES> 464,838
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 712,527
<AVERAGE-NET-ASSETS> 185,749,704
<PER-SHARE-NAV-BEGIN> 9.52
<PER-SHARE-NII> .26
<PER-SHARE-GAIN-APPREC> .35
<PER-SHARE-DIVIDEND> .28
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.85
<EXPENSE-RATIO> .77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> THE KENT SHORT TERM BOND FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 291,569,018
<INVESTMENTS-AT-VALUE> 292,673,761
<RECEIVABLES> 3,027,770
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 295,701,531
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 53,765
<TOTAL-LIABILITIES> 53,765
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 300,003,342
<SHARES-COMMON-STOCK> 129,030
<SHARES-COMMON-PRIOR> 173,288
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 472,188
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 4,988,131
<ACCUM-APPREC-OR-DEPREC> 1,104,743
<NET-ASSETS> 295,647,766
<DIVIDEND-INCOME> 321,165
<INTEREST-INCOME> 5,477,472
<OTHER-INCOME> 0
<EXPENSES-NET> 712,527
<NET-INVESTMENT-INCOME> 5,086,110
<REALIZED-GAINS-CURRENT> (899,577)
<APPREC-INCREASE-CURRENT> 6,814,992
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<NUMBER-OF-SHARES-SOLD> 540,756
<NUMBER-OF-SHARES-REDEEMED> 1,023,190
<SHARES-REINVESTED> 42,210
<NET-CHANGE-IN-ASSETS> 117,233,444
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 83,228
<OVERDIST-NET-GAINS-PRIOR> 4,088,554
<GROSS-ADVISORY-FEES> 464,838
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 712,527
<AVERAGE-NET-ASSETS> 1,726,253
<PER-SHARE-NAV-BEGIN> 9.52
<PER-SHARE-NII> .24
<PER-SHARE-GAIN-APPREC> .36
<PER-SHARE-DIVIDEND> .27
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.85
<EXPENSE-RATIO> .9
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> THE INTERMEDIATE TAX-FREE FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 275,322,099
<INVESTMENTS-AT-VALUE> 281,006,055
<RECEIVABLES> 5,873,559
<ASSETS-OTHER> 0
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<TOTAL-ASSETS> 286,879,614
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 133,775
<TOTAL-LIABILITIES> 133,775
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 282,696,298
<SHARES-COMMON-STOCK> 27,633,810
<SHARES-COMMON-PRIOR> 39,091,877
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 221,122
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1,413,293
<ACCUM-APPREC-OR-DEPREC> 5,683,956
<NET-ASSETS> 286,745,839
<DIVIDEND-INCOME> 98,469
<INTEREST-INCOME> 8,842,003
<OTHER-INCOME> 0
<EXPENSES-NET> 1,213,775
<NET-INVESTMENT-INCOME> 7,726,697
<REALIZED-GAINS-CURRENT> 1,367,068
<APPREC-INCREASE-CURRENT> 17,775,241
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7,541,668
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<NUMBER-OF-SHARES-SOLD> 30,851,531
<NUMBER-OF-SHARES-REDEEMED> 147,813,218
<SHARES-REINVESTED> 14,328
<NET-CHANGE-IN-ASSETS> (98,474,407)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 322,292
<OVERDIST-NET-GAINS-PRIOR> 2,780,361
<GROSS-ADVISORY-FEES> 847,066
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,213,775
<AVERAGE-NET-ASSETS> 341,218,781
<PER-SHARE-NAV-BEGIN> 9.74
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> .49
<PER-SHARE-DIVIDEND> .23
<PER-SHARE-DISTRIBUTIONS> 0
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<PER-SHARE-NAV-END> 10.23
<EXPENSE-RATIO> .71
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> THE KENT INTERMEDIATE TAX-FREE FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 275,322,099
<INVESTMENTS-AT-VALUE> 281,006,055
<RECEIVABLES> 5,873,559
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 286,879,614
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<OTHER-ITEMS-LIABILITIES> 133,775
<TOTAL-LIABILITIES> 133,775
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 282,696,298
<SHARES-COMMON-STOCK> 382,981
<SHARES-COMMON-PRIOR> 462,431
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 221,122
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1,413,293
<ACCUM-APPREC-OR-DEPREC> 5,683,956
<NET-ASSETS> 286,745,839
<DIVIDEND-INCOME> 98,469
<INTEREST-INCOME> 8,842,003
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<EXPENSES-NET> 1,213,775
<NET-INVESTMENT-INCOME> 7,726,697
<REALIZED-GAINS-CURRENT> 1,367,068
<APPREC-INCREASE-CURRENT> 17,775,241
<NET-CHANGE-FROM-OPS> 26,869,006
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 83,859
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<NUMBER-OF-SHARES-SOLD> 339,074
<NUMBER-OF-SHARES-REDEEMED> 1,154,189
<SHARES-REINVESTED> 44,588
<NET-CHANGE-IN-ASSETS> (98,474,407)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 322,292
<OVERDIST-NET-GAINS-PRIOR> 2,780,361
<GROSS-ADVISORY-FEES> 847,066
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,213,775
<AVERAGE-NET-ASSETS> 3,873,241
<PER-SHARE-NAV-BEGIN> 9.74
<PER-SHARE-NII> .21
<PER-SHARE-GAIN-APPREC> .5
<PER-SHARE-DIVIDEND> .22
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<PER-SHARE-NAV-END> 10.23
<EXPENSE-RATIO> .95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> THE KENT INTERMEDIATE BOND FUND - INSTITUTIONAL
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 781,011,410
<INVESTMENTS-AT-VALUE> 794,977,976
<RECEIVABLES> 16,919,521
<ASSETS-OTHER> 0
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<TOTAL-ASSETS> 811,897,497
<PAYABLE-FOR-SECURITIES> 5,299,100
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<OTHER-ITEMS-LIABILITIES> 2,003,363
<TOTAL-LIABILITIES> 7,302,463
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 799,051,485
<SHARES-COMMON-STOCK> 80,118,693
<SHARES-COMMON-PRIOR> 105,209,125
<ACCUMULATED-NII-CURRENT> 904,751
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 9,327,768
<ACCUM-APPREC-OR-DEPREC> 13,966,566
<NET-ASSETS> 804,595,034
<DIVIDEND-INCOME> 1,815,913
<INTEREST-INCOME> 31,483,858
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<EXPENSES-NET> 3,489,856
<NET-INVESTMENT-INCOME> 29,809,915
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<DISTRIBUTIONS-OF-INCOME> 28,059,149
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<NUMBER-OF-SHARES-SOLD> 104,274,401
<NUMBER-OF-SHARES-REDEEMED> 362,824,138
<SHARES-REINVESTED> 13,793,553
<NET-CHANGE-IN-ASSETS> (182,466,819)
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 649,785
<OVERDIST-NET-GAINS-PRIOR> 23,614,593
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<GROSS-EXPENSE> 3,489,856
<AVERAGE-NET-ASSETS> 909,206,156
<PER-SHARE-NAV-BEGIN> 9.29
<PER-SHARE-NII> .32
<PER-SHARE-GAIN-APPREC> .65
<PER-SHARE-DIVIDEND> .3
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.96
<EXPENSE-RATIO> .77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> THE KENT INTERMEDIATE BOND FUND - INVESTMENT
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 781,011,410
<INVESTMENTS-AT-VALUE> 794,977,976
<RECEIVABLES> 16,919,521
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 811,897,497
<PAYABLE-FOR-SECURITIES> 5,299,100
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,003,363
<TOTAL-LIABILITIES> 7,302,463
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 799,051,485
<SHARES-COMMON-STOCK> 640,873
<SHARES-COMMON-PRIOR> 987,059
<ACCUMULATED-NII-CURRENT> 904,751
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 9,327,768
<ACCUM-APPREC-OR-DEPREC> 13,966,566
<NET-ASSETS> 804,595,034
<DIVIDEND-INCOME> 1,815,913
<INTEREST-INCOME> 31,483,858
<OTHER-INCOME> 0
<EXPENSES-NET> 3,489,856
<NET-INVESTMENT-INCOME> 29,809,915
<REALIZED-GAINS-CURRENT> 14,286,767
<APPREC-INCREASE-CURRENT> 49,685,969
<NET-CHANGE-FROM-OPS> 93,782,651
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<DISTRIBUTIONS-OF-INCOME> 196,172
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<NUMBER-OF-SHARES-SOLD> 1,187,908
<NUMBER-OF-SHARES-REDEEMED> 4,583,047
<SHARES-REINVESTED> 157,174
<NET-CHANGE-IN-ASSETS> (182,466,819)
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 649,785
<OVERDIST-NET-GAINS-PRIOR> 23,614,593
<GROSS-ADVISORY-FEES> 2,497,510
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<GROSS-EXPENSE> 3,489,856
<AVERAGE-NET-ASSETS> 6,505,822
<PER-SHARE-NAV-BEGIN> 9.32
<PER-SHARE-NII> .3
<PER-SHARE-GAIN-APPREC> .66
<PER-SHARE-DIVIDEND> .29
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.99
<EXPENSE-RATIO> 1.01
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
