<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000814150
<NAME> ANCHOR PATHWAY FUND
<SERIES>
<NUMBER> 5
<NAME> U.S. GOVERNMENT/AAA SERIES
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
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<PERIOD-START> MAR-01-2000
<PERIOD-END> AUG-31-2000
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<OTHER-ITEMS-LIABILITIES> 95
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<SHARES-COMMON-PRIOR> 5,858
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<OVERDISTRIBUTION-GAINS> 0
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<OTHER-INCOME> 0
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<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-SOLD> 243
<NUMBER-OF-SHARES-REDEEMED> (872)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (3,571)
<ACCUMULATED-NII-PRIOR> 4,263
<ACCUMULATED-GAINS-PRIOR> (2,660)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 160
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 202
<AVERAGE-NET-ASSETS> 49,308
<PER-SHARE-NAV-BEGIN> 10.20
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<PER-SHARE-DIVIDEND> 0
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.74
<EXPENSE-RATIO> 0.70
</TABLE>
