<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE WELLS FARGO FUNDS ANNUAL REPORT DATED MARCH 31, 2000
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
<NUMBER> 001
<NAME> CASH INVESTMENT FUND
<S> <C>
<PERIOD-TYPE> 5-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> JUN-01-1999
<PERIOD-END> NOV-06-1999
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<INVESTMENTS-AT-VALUE> 6117983603
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<TOTAL-ASSETS> 6117983603
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<OTHER-ITEMS-LIABILITIES> 7514690
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<SHARES-COMMON-STOCK> 6112209387
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<OVERDISTRIBUTION-GAINS> 1667792
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<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 135244781
<OTHER-INCOME> (6497825)
<EXPENSES-NET> 5781048
<NET-INVESTMENT-INCOME> 122965908
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<NUMBER-OF-SHARES-SOLD> 15146614331
<NUMBER-OF-SHARES-REDEEMED> 14577165261
<SHARES-REINVESTED> 59226278
<NET-CHANGE-IN-ASSETS> 628666589
<ACCUMULATED-NII-PRIOR> 0
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<OVERDIST-NET-GAINS-PRIOR> 1704051
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<EXPENSE-RATIO> 0.23
</TABLE>