<PAGE> PAGE 1
000 A000000 12/31/96
000 C000000 0000831957
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 AHA INVESTMENT FUNDS, INC
001 B000000 811-5534
001 C000000 8472955000
002 A000000 100 HALF DAY ROAD
002 B000000 LINCOLNSHIRE
002 C000000 IL
002 D010000 60069
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 FULL MATURITY FIXED INCOME PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 LIMITED MATURITY FIXED INCOME PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 DIVERSIFIED EQUITY PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 BALANCED PORTFOLIO
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
<PAGE> PAGE 2
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
010 A00AA01 HEWITT ASSOCIATES LLC
010 B00AA01 801-31531
010 C01AA01 LINCOLNSHIRE
010 C02AA01 IL
010 C03AA01 60069
010 A00AA02 FIRSTAR TRUST COMPANY
010 C01AA02 MILWAUKEE
010 C02AA02 WI
010 C03AA02 53202
012 A00AA01 FIRSTAR TRUST COMPANY
012 B00AA01 84-0000000
012 C01AA01 MILWAUKEE
<PAGE> PAGE 3
012 C02AA01 WI
012 C03AA01 53202
013 A00AA01 ARTHUR ANDERSEN LLP
013 B01AA01 CHICAGO
013 B02AA01 IL
013 B03AA01 60603
013 B04AA01 5385
015 A00AA01 FIRSTAR TRUST COMPANY
015 B00AA01 C
015 C01AA01 MILWAUKEE
015 C02AA01 WI
015 C03AA01 53202
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 INSTINET
020 B000001 13-2596491
020 C000001 13
020 A000002 BEAR STEARNS & COMPANY
020 B000002 13-4946705
020 C000002 11
020 A000003 MORGAN STANLEY & COMPANY
020 B000003 13-2655998
020 C000003 10
020 A000004 GOLDMAN SACHS & COMPANY
020 B000004 13-5108800
020 C000004 7
020 A000005 DONALDSON LUFKIN
020 B000005 13-2741729
020 C000005 7
020 A000006 OPPENHEIMER & COMPANY
020 B000006 13-2798343
020 C000006 6
020 A000007 INVESTMENT TECHNOLOGY GROUP
020 C000007 6
020 A000008 FIRST BOSTON CORPORATION
020 B000008 13-5659485
020 C000008 6
020 A000009 SALAOMON BROTHERS
020 B000009 13-5365580
020 C000009 6
020 A000010 HOENING & COMPANY
020 C000010 5
021 000000 130
022 A000001 HSBC SECURITIES, INC.
022 C000001 134983
022 D000001 25318
022 A000002 MERRILL LYNCH PIERCE & FENNER
022 B000002 13-5674085
022 C000002 114346
<PAGE> PAGE 4
022 D000002 13950
022 A000003 LEHMAN BROTHERS
022 B000003 13-2518466
022 C000003 44392
022 D000003 42183
022 A000004 GOLDMAN SACHS & COMPANY
022 B000004 13-5108880
022 C000004 58698
022 D000004 26125
022 A000005 BEAR STEARNS & COMPANY
022 B000005 13-4946705
022 C000005 27248
022 D000005 20007
022 A000006 PAINE WEBBER INCORPORATED
022 B000006 13-2638166
022 C000006 16583
022 D000006 20093
022 A000007 SMITH BARNEY, HARRIS UPHAM & CO, INC
022 B000007 13-1912900
022 C000007 22335
022 D000007 10467
022 A000008 FIRST BOSTON CORPORATION
022 B000008 13-5659485
022 C000008 23940
022 D000008 8206
022 A000009 MORGAN STANLEY & COMPANY
022 B000009 13-2655998
022 C000009 13837
022 D000009 10594
022 A000010 DEUTSCHE BANK
022 B000010 13-3224016
022 C000010 10348
022 D000010 12671
023 C000000 574125
023 D000000 298654
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
037 00AA00 N
038 00AA00 0
039 00AA00 Y
040 00AA00 N
045 00AA00 Y
046 00AA00 N
<PAGE> PAGE 5
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 Y
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 Y
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 N
054 N00AA00 Y
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000000
077 A000000 N
078 000000 N
<PAGE> PAGE 6
080 A00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00 1900
081 A00AA00 Y
081 B00AA00 5
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
008 A000101 WESTERN ASSET MANAGEMENT COMPANY
008 B000101 A
008 C000101 801-08162
008 D010101 PASADENA
008 D020101 CA
008 D030101 91105
008 A000102 FIRSTART INVESTMENT RESEARCH & MANAGEMENT CO.
008 B000102 A
008 C000102 801-28084
008 D010102 MILWAUKEE
008 D020102 WI
008 D030102 53202
024 000100 Y
025 A000101 LEHMAN BROTHERS
025 B000101 13-2518466
025 C000101 D
025 D000101 471
025 A000102 PAINE WEBBER INCORPORATED
025 B000102 13-2638166
025 C000102 D
025 D000102 146
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 21
028 A020100 247
028 A030100 0
028 A040100 86
028 B010100 335
028 B020100 266
028 B030100 0
028 B040100 92
028 C010100 20
028 C020100 231
028 C030100 0
028 C040100 63
<PAGE> PAGE 7
028 D010100 271
028 D020100 255
028 D030100 0
028 D040100 125
028 E010100 1104
028 E020100 255
028 E030100 0
028 E040100 1112
028 F010100 4968
028 F020100 263
028 F030100 0
028 F040100 348
028 G010100 6719
028 G020100 1517
028 G030100 0
028 G040100 1826
028 H000100 0
062 A000100 Y
062 B000100 0.0
062 C000100 0.2
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 10.6
062 J000100 0.0
062 K000100 0.0
062 L000100 -2.4
062 M000100 27.9
062 N000100 22.1
062 O000100 0.0
062 P000100 41.6
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 11.1
064 A000100 N
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 Y
070 C020100 Y
070 D010100 N
<PAGE> PAGE 8
070 D020100 N
070 E010100 Y
070 E020100 Y
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 Y
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 116559
071 B000100 114079
071 C000100 55413
071 D000100 206
072 A000100 6
072 B000100 1868
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 0
072 G000100 3
072 H000100 0
072 I000100 24
072 J000100 16
072 K000100 0
072 L000100 0
072 M000100 3
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 6
<PAGE> PAGE 9
072 S000100 5
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 4
072 X000100 61
072 Y000100 0
072 Z000100 1807
072AA000100 1532
072BB000100 771
072CC010100 244
072CC020100 0
072DD010100 1807
072DD020100 0
072EE000100 0
073 A010100 0.3235
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 237
074 B000100 0
074 C000100 6570
074 D000100 55592
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 4
074 I000100 0
074 J000100 90
074 K000100 0
074 L000100 1748
074 M000100 4
074 N000100 64245
074 O000100 3471
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 6
074 R040100 60
074 S000100 0
074 T000100 60708
074 U010100 6189
074 U020100 0
074 V010100 9.81
074 V020100 0.00
074 W000100 0.0000
074 X000100 23
074 Y000100 0
075 A000100 0
075 B000100 55465
<PAGE> PAGE 10
076 000100 0.00
008 A000201 THE PATTERSON CAPITAL CORPORATION
008 B000201 A
008 C000201 801-13828
008 D010201 LOS ANGELES
008 D020201 CA
008 D030201 90067
024 000200 N
028 A010200 1037
028 A020200 791
028 A030200 0
028 A040200 5710
028 B010200 181
028 B020200 714
028 B030200 0
028 B040200 24107
028 C010200 4090
028 C020200 598
028 C030200 0
028 C040200 13030
028 D010200 1852
028 D020200 646
028 D030200 0
028 D040200 7812
028 E010200 3919
028 E020200 626
028 E030200 0
028 E040200 6030
028 F010200 9872
028 F020200 611
028 F030200 0
028 F040200 10979
028 G010200 20951
028 G020200 3986
028 G030200 0
028 G040200 67668
028 H000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 5.7
062 J000200 0.0
062 K000200 0.0
062 L000200 2.6
062 M000200 48.4
062 N000200 4.9
<PAGE> PAGE 11
062 O000200 0.0
062 P000200 38.4
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 2.0
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 N
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 96746
071 B000200 133747
<PAGE> PAGE 12
071 C000200 165132
071 D000200 59
072 A000200 6
072 B000200 5265
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 0
072 G000200 6
072 H000200 0
072 I000200 43
072 J000200 21
072 K000200 0
072 L000200 0
072 M000200 3
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 6
072 S000200 5
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 14
072 X000200 98
072 Y000200 0
072 Z000200 5167
072AA000200 421
072BB000200 785
072CC010200 1390
072CC020200 0
072DD010200 5167
072DD020200 0
072EE000200 0
073 A010200 0.3071
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 4
074 B000200 0
074 C000200 9111
074 D000200 146272
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 4293
<PAGE> PAGE 13
074 M000200 12
074 N000200 159692
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 200
074 S000200 0
074 T000200 159492
074 U010200 15671
074 U020200 0
074 V010200 10.18
074 V020200 0.00
074 W000200 0.0000
074 X000200 55
074 Y000200 0
075 A000200 0
075 B000200 168702
076 000200 0.00
008 A000301 CAMBIAR INVESTORS, INC
008 B000301 A
008 C000301 801-9538
008 D010301 DENVER
008 D020301 CO
008 D030301 80111
008 A000302 INVESTMENT RESEARCH COMPANY
008 B000302 A
008 C000302 801-31292
008 D010302 RANCHO SANTA FE
008 D020302 CA
008 D030302 92067
024 000300 N
028 A010300 179
028 A020300 0
028 A030300 0
028 A040300 1420
028 B010300 378
028 B020300 0
028 B030300 0
028 B040300 66
028 C010300 98
028 C020300 273
028 C030300 0
028 C040300 1451
028 D010300 130
028 D020300 0
028 D030300 0
028 D040300 568
028 E010300 2407
<PAGE> PAGE 14
028 E020300 0
028 E030300 0
028 E040300 3317
028 F010300 6527
028 F020300 271
028 F030300 0
028 F040300 955
028 G010300 9719
028 G020300 544
028 G030300 0
028 G040300 7777
028 H000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 Y
066 E000300 N
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
<PAGE> PAGE 15
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 21579
071 B000300 22512
071 C000300 53913
071 D000300 40
072 A000300 6
072 B000300 26
072 C000300 581
072 D000300 0
072 E000300 0
072 F000300 0
072 G000300 3
072 H000300 0
072 I000300 19
072 J000300 10
072 K000300 0
072 L000300 0
072 M000300 3
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 6
072 S000300 5
072 T000300 0
072 U000300 0
<PAGE> PAGE 16
072 V000300 0
072 W000300 3
072 X000300 49
072 Y000300 0
072 Z000300 558
072AA000300 5148
072BB000300 292
072CC010300 738
072CC020300 0
072DD010300 544
072DD020300 0
072EE000300 6207
073 A010300 0.1800
073 A020300 0.0000
073 B000300 2.0517
073 C000300 0.0000
074 A000300 1
074 B000300 0
074 C000300 2462
074 D000300 0
074 E000300 0
074 F000300 58488
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 2607
074 M000300 3
074 N000300 63561
074 O000300 1015
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 17
074 S000300 0
074 T000300 62529
074 U010300 3573
074 U020300 0
074 V010300 17.50
074 V020300 0.00
074 W000300 0.0000
074 X000300 26
074 Y000300 0
075 A000300 0
075 B000300 54958
076 000300 0.00
008 A000401 CAMBIAR INVESTORS, IN
008 B000401 A
<PAGE> PAGE 17
008 C000401 801-9538
008 D010401 DENVER
008 D020401 CO
008 D030401 80111
008 A000402 AVATAR INVESTORS ASSOCIATES CORP.
008 B000402 A
008 C000402 801-7061
008 D010402 NEW YORK
008 D020402 NY
008 D030402 10022
008 A000403 WESTERN ASSET MANAGMENT COMPANY
008 B000403 A
008 C000403 801-08162
008 D010403 PASADENA
008 D020403 CA
008 D030403 91105
024 000400 N
028 A010400 255
028 A020400 0
028 A030400 0
028 A040400 117
028 B010400 258
028 B020400 0
028 B030400 0
028 B040400 3
028 C010400 3602
028 C020400 336
028 C030400 0
028 C040400 38
028 D010400 372
028 D020400 0
028 D030400 0
028 D040400 2672
028 E010400 38
028 E020400 0
028 E030400 0
028 E040400 1533
028 F010400 2717
028 F020400 282
028 F030400 0
028 F040400 1888
028 G010400 7242
028 G020400 618
028 G030400 0
028 G040400 6251
028 H000400 0
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
<PAGE> PAGE 18
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 Y
067 000400 Y
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 Y
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 Y
070 G010400 Y
070 G020400 Y
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
<PAGE> PAGE 19
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 37146
071 B000400 36710
071 C000400 42649
071 D000400 86
072 A000400 3
072 B000400 428
072 C000400 284
072 D000400 0
072 E000400 0
072 F000400 0
072 G000400 4
072 H000400 0
072 I000400 19
072 J000400 15
072 K000400 0
072 L000400 0
072 M000400 3
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 6
072 S000400 5
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 3
072 X000400 55
072 Y000400 0
072 Z000400 657
072AA000400 2388
072BB000400 428
072CC010400 1974
072CC020400 0
072DD010400 715
072DD020400 0
072EE000400 3711
073 A010400 0.2100
073 A020400 0.0000
073 B000400 1.1528
073 C000400 0.0000
074 A000400 134
<PAGE> PAGE 20
074 B000400 0
074 C000400 2645
074 D000400 7747
074 E000400 0
074 F000400 36744
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 2648
074 M000400 3
074 N000400 49921
074 O000400 1806
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 2
074 R040400 27
074 S000400 0
074 T000400 48086
074 U010400 3599
074 U020400 0
074 V010400 13.36
074 V020400 0.00
074 W000400 0.0000
074 X000400 15
074 Y000400 0
075 A000400 0
075 B000400 45581
076 000400 0.00
042 A003300 0
042 B003300 0
042 C003300 0
042 D003300 0
042 E003300 0
042 F003300 0
042 G003300 0
042 H003300 0
043 003300 0
044 003300 0
SIGNATURE RONALD A. JONES
TITLE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER>01
<NAME> FULL MATURITY FIXED INCOME PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 62,210
<INVESTMENTS-AT-VALUE> 62,162
<RECEIVABLES> 1,838
<ASSETS-OTHER> 245
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 64,245
<PAYABLE-FOR-SECURITIES> 3,471
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66
<TOTAL-LIABILITIES> 3,537
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 62,269
<SHARES-COMMON-STOCK> 6,188
<SHARES-COMMON-PRIOR> 5,536
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1,512)
<ACCUM-APPREC-OR-DEPREC> (49)
<NET-ASSETS> 60,708
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,868
<OTHER-INCOME> 0
<EXPENSES-NET> 61
<NET-INVESTMENT-INCOME> 1,807
<REALIZED-GAINS-CURRENT> 761
<APPREC-INCREASE-CURRENT> 244
<NET-CHANGE-FROM-OPS> 2,812
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,807
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 682
<NUMBER-OF-SHARES-REDEEMED> 186
<SHARES-REINVESTED> 156
<NET-CHANGE-IN-ASSETS> 7,416
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (2,274)
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 61
<AVERAGE-NET-ASSETS> 55,465
<PER-SHARE-NAV-BEGIN> 9.630
<PER-SHARE-NII> 0.320
<PER-SHARE-GAIN-APPREC> 0.180
<PER-SHARE-DIVIDEND> 0.320
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.810
<EXPENSE-RATIO> 0.220
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER> 02
<NAME> LIMITED MATURITY FIXED INCOME PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 155,023
<INVESTMENTS-AT-VALUE> 155,383
<RECEIVABLES> 4,293
<ASSETS-OTHER> 16
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 159,692
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200
<TOTAL-LIABILITIES> 200
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 162,729
<SHARES-COMMON-STOCK> 15,671
<SHARES-COMMON-PRIOR> 19,891
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (3,597)
<ACCUM-APPREC-OR-DEPREC> 360
<NET-ASSETS> 159,492
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,265
<OTHER-INCOME> 0
<EXPENSES-NET> 98
<NET-INVESTMENT-INCOME> 5,167
<REALIZED-GAINS-CURRENT> (364)
<APPREC-INCREASE-CURRENT> 1,390
<NET-CHANGE-FROM-OPS> 6,193
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5,167
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,058
<NUMBER-OF-SHARES-REDEEMED> 6,671
<SHARES-REINVESTED> 393
<NET-CHANGE-IN-ASSETS> (41,704)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (3,233)
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 98
<AVERAGE-NET-ASSETS> 168,702
<PER-SHARE-NAV-BEGIN> 10.120
<PER-SHARE-NII> 0.310
<PER-SHARE-GAIN-APPREC> 0.060
<PER-SHARE-DIVIDEND> 0.310
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.180
<EXPENSE-RATIO> 0.120
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER>03
<NAME> DIVERSIFIED EQUITY PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 50,645
<INVESTMENTS-AT-VALUE> 60,950
<RECEIVABLES> 2,607
<ASSETS-OTHER> 4
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 63,561
<PAYABLE-FOR-SECURITIES> 1,015
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17
<TOTAL-LIABILITIES> 1,032
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 49,232
<SHARES-COMMON-STOCK> 3,573
<SHARES-COMMON-PRIOR> 3,094
<ACCUMULATED-NII-CURRENT> 58
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,934
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,305
<NET-ASSETS> 62,529
<DIVIDEND-INCOME> 581
<INTEREST-INCOME> 27
<OTHER-INCOME> 0
<EXPENSES-NET> 50
<NET-INVESTMENT-INCOME> 558
<REALIZED-GAINS-CURRENT> 4,856
<APPREC-INCREASE-CURRENT> 738
<NET-CHANGE-FROM-OPS> 6,152
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 544
<DISTRIBUTIONS-OF-GAINS> 6,207
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 527
<NUMBER-OF-SHARES-REDEEMED> 432
<SHARES-REINVESTED> 384
<NET-CHANGE-IN-ASSETS> 8,094
<ACCUMULATED-NII-PRIOR> 43
<ACCUMULATED-GAINS-PRIOR> 4,285
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 50
<AVERAGE-NET-ASSETS> 54,958
<PER-SHARE-NAV-BEGIN> 17.590
<PER-SHARE-NII> 0.180
<PER-SHARE-GAIN-APPREC> 1.960
<PER-SHARE-DIVIDEND> 0.180
<PER-SHARE-DISTRIBUTIONS> 2.050
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 17.500
<EXPENSE-RATIO> 0.180
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER>04
<NAME> BALANCED PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 39,380
<INVESTMENTS-AT-VALUE> 47,136
<RECEIVABLES> 2,660
<ASSETS-OTHER> 125
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 49,921
<PAYABLE-FOR-SECURITIES> 1,806
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29
<TOTAL-LIABILITIES> 1,835
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 39,792
<SHARES-COMMON-STOCK> 3,599
<SHARES-COMMON-PRIOR> 3,222
<ACCUMULATED-NII-CURRENT> 730
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (192)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,756
<NET-ASSETS> 48,086
<DIVIDEND-INCOME> 284
<INTEREST-INCOME> 428
<OTHER-INCOME> 0
<EXPENSES-NET> 55
<NET-INVESTMENT-INCOME> 657
<REALIZED-GAINS-CURRENT> 1,960
<APPREC-INCREASE-CURRENT> 1,974
<NET-CHANGE-FROM-OPS> 4,591
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 715
<DISTRIBUTIONS-OF-GAINS> 3,711
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 543
<NUMBER-OF-SHARES-REDEEMED> 450
<SHARES-REINVESTED> 284
<NET-CHANGE-IN-ASSETS> 4,955
<ACCUMULATED-NII-PRIOR> 787
<ACCUMULATED-GAINS-PRIOR> 1,559
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 55
<AVERAGE-NET-ASSETS> 45,581
<PER-SHARE-NAV-BEGIN> 13.380
<PER-SHARE-NII> 0.210
<PER-SHARE-GAIN-APPREC> 1.130
<PER-SHARE-DIVIDEND> 0.210
<PER-SHARE-DISTRIBUTIONS> 1.150
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 13.360
<EXPENSE-RATIO> 0.240
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
