WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000845107
<NAME> INDEPENDENCE ONE MUTUAL FUNDS
<SERIES>
<NUMBER> 06
<NAME> Independence One Fixed Income Fund - Trust Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Apr-30-2001
<PERIOD-END> Oct-31-2000
<INVESTMENTS-AT-COST> 98,328,655
<INVESTMENTS-AT-VALUE> 96,437,103
<RECEIVABLES> 1,537,900
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 97,975,003
<PAYABLE-FOR-SECURITIES> 1,263,613
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 551,215
<TOTAL-LIABILITIES> 1,814,828
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 98,990,739
<SHARES-COMMON-STOCK> 9,941,423
<SHARES-COMMON-PRIOR> 9,771,028
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (3,757)
<ACCUMULATED-NET-GAINS> (935,255)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,891,552)
<NET-ASSETS> 96,160,175
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,124,783
<OTHER-INCOME> 0
<EXPENSES-NET> 305,125
<NET-INVESTMENT-INCOME> 2,819,658
<REALIZED-GAINS-CURRENT> (143,314)
<APPREC-INCREASE-CURRENT> 1,451,462
<NET-CHANGE-FROM-OPS> 4,127,806
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,819,807)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 445,810
<NUMBER-OF-SHARES-REDEEMED> (477,667)
<SHARES-REINVESTED> 202,252
<NET-CHANGE-IN-ASSETS> 2,957,853
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (791,941)
<OVERDISTRIB-NII-PRIOR> (3,608)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 357,270
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 519,487
<AVERAGE-NET-ASSETS> 94,492,012
<PER-SHARE-NAV-BEGIN> 9.540
<PER-SHARE-NII> 0.280
<PER-SHARE-GAIN-APPREC> 0.130
<PER-SHARE-DIVIDEND> (0.280)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.670
<EXPENSE-RATIO> 0.64
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
