<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000814232
<NAME> RS INVESTMENT MANAGEMENT CO. LLC
<SERIES>
<NUMBER> 07
<NAME> GLOBAL NATURAL RESOURCES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 29072930
<INVESTMENTS-AT-VALUE> 29692069
<RECEIVABLES> 2259774
<ASSETS-OTHER> 526
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31952369
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2729189
<TOTAL-LIABILITIES> 2729189
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 48790231
<SHARES-COMMON-STOCK> 2830654
<SHARES-COMMON-PRIOR> 2498416
<ACCUMULATED-NII-CURRENT> (167807)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (20017607)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 618363
<NET-ASSETS> 29223180
<DIVIDEND-INCOME> 120293
<INTEREST-INCOME> 34653
<OTHER-INCOME> 0
<EXPENSES-NET> (274846)
<NET-INVESTMENT-INCOME> (119900)
<REALIZED-GAINS-CURRENT> 1670104
<APPREC-INCREASE-CURRENT> 1687592
<NET-CHANGE-FROM-OPS> 3237796
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3610015
<NUMBER-OF-SHARES-REDEEMED> (3277777)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 6405254
<ACCUMULATED-NII-PRIOR> (47907)
<ACCUMULATED-GAINS-PRIOR> (21687711)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 136777
<INTEREST-EXPENSE> 8200
<GROSS-EXPENSE> 287839
<AVERAGE-NET-ASSETS> 27505628
<PER-SHARE-NAV-BEGIN> 9.13
<PER-SHARE-NII> (.04)
<PER-SHARE-GAIN-APPREC> 1.23
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.32
<EXPENSE-RATIO> 2.01
</TABLE>
