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<PAGE> PAGE 2
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<PAGE> PAGE 9
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 21
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008 B000701 A
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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008 B000801 A
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008 D020801 MA
008 D030801 02116
008 A000802 WELLINTON MANAGEMENT COMPANY
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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008 A000901 NASL FINANCIAL SERVICES, INC
008 B000901 A
008 C000901 801-833102
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<PAGE> PAGE 31
008 D020901 MA
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008 A000902 WELLINGTON MANAGEMENT COMPANY
008 B000902 S
008 C000902 801-15908
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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008 D031001 02116
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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008 A001101 NASL FINANCIAL SERVICES, INC.
008 B001101 A
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015 A001101 STATE STREET BANK AND TRUST COMPANY
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<PAGE> PAGE 41
028 C021100 50
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050 001100 N
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<PAGE> PAGE 42
053 B001100 Y
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064 A001100 Y
064 B001100 N
066 A001100 N
067 001100 N
068 A001100 N
068 B001100 N
069 001100 N
070 A011100 Y
070 A021100 N
070 B011100 N
070 B021100 N
070 C011100 N
070 C021100 N
070 D011100 N
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 N
070 F021100 N
070 G011100 N
070 G021100 N
070 H011100 N
070 H021100 N
070 I011100 N
070 I021100 N
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070 J021100 N
070 K011100 Y
070 K021100 N
<PAGE> PAGE 43
070 L011100 N
070 L021100 N
070 M011100 N
070 M021100 N
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
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070 R011100 N
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<PAGE> PAGE 44
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008 A001201 NASL FINANCIAL SERVICES, INC.
008 B001201 A
008 C001201 801-833102
008 D011201 BOSTON
008 D021201 MA
008 D031201 02116
008 A001202 SALOMON BROTHERS ASSET MANAGEMENT
008 B001202 S
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<PAGE> PAGE 45
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<PAGE> PAGE 46
048 F021200 0.000
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070 B021200 N
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070 D021200 N
<PAGE> PAGE 47
070 E011200 Y
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070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
070 H021200 N
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070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 N
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
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070 N021200 N
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070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
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<PAGE> PAGE 48
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<PAGE> PAGE 49
008 A001301 NASL FINANCIAL SERVICES, INC.
008 B001301 A
008 C001301 801-833102
008 D011301 BOSTON,
008 D021301 MA
008 D031301 02116
008 A001302 SALOMON BROTHERS ASSET MANAGEMENT
008 B001302 S
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008 D011302 NEW YORK
008 D021302 NY
008 D031302 10048
015 A001301 STATE STREET BANK AND TRUST COMPANY
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<PAGE> PAGE 50
028 F021300 210
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<PAGE> PAGE 51
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068 A001300 N
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070 A011300 Y
070 A021300 Y
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070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 N
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 N
070 J021300 N
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070 K021300 N
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 Y
070 N011300 Y
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070 P021300 N
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070 Q021300 N
<PAGE> PAGE 52
070 R011300 N
070 R021300 N
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<PAGE> PAGE 53
074 I001300 14
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008 A001401 NASL FINANCIAL SERVICES, INC.
008 B001401 A
008 C001401 801-833102
008 D011401 BOSTON
008 D021401 MA
008 D031401 02116
008 A001402 J.P. MORGAN INVESTMENT MANAGEMENT INC.
008 B001402 S
008 C001402 801-000000
008 D011402 NEW YORK
008 D021402 NY
008 D031402 10036
015 A001401 STATE STREET BANK AND TRUST COMPANY
015 B001401 C
015 C011401 BOSTON
015 C021401 MA
015 C031401 02109
015 E011401 X
018 001400 Y
019 A001400 N
019 B001400 0
024 001400 Y
025 A001401 DAIWA SECURITIES
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025 C001401 E
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<PAGE> PAGE 54
025 A001402 NOMURA SECURITIES
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025 C001402 E
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<PAGE> PAGE 55
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066 E001400 Y
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066 G001400 N
067 001400 N
068 A001400 N
068 B001400 Y
<PAGE> PAGE 56
069 001400 N
070 A011400 Y
070 A021400 N
070 B011400 Y
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 Y
070 D021400 N
070 E011400 Y
070 E021400 N
070 F011400 Y
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 Y
070 H021400 N
070 I011400 Y
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 N
070 L011400 Y
070 L021400 Y
070 M011400 Y
070 M021400 Y
070 N011400 Y
070 N021400 Y
070 O011400 Y
070 O021400 N
070 P011400 N
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
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<PAGE> PAGE 57
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<PAGE> PAGE 58
074 U021400 1570
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008 A001501 NASL FINANCIAL SERVICES, INC
008 B001501 A
008 C001501 801-833102
008 D011501 BOSTON
008 D021501 MA
008 D031501 02116
008 A001502 FRED ALGER MANAGEMENT, INC.
008 B001502 S
008 C001502 801-000000
008 D011502 NEW YORK
008 D021502 NY
008 D031502 10038
015 A001501 STATE STREET BANK AND TRUST COMPANY
015 B001501 C
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<PAGE> PAGE 59
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051 001500 N
052 001500 N
053 A001500 Y
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<PAGE> PAGE 60
062 B001500 0.0
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066 F001500 N
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067 001500 N
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069 001500 N
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070 B011500 Y
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<PAGE> PAGE 61
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<PAGE> PAGE 62
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<PAGE> PAGE 63
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<PAGE> PAGE 64
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<PAGE> PAGE 65
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<PAGE> PAGE 66
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<PAGE> PAGE 67
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<PAGE> PAGE 68
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<PAGE> PAGE 69
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<PAGE> PAGE 70
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<PAGE> PAGE 71
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SIGNATURE JAMES R. BOYLE
TITLE VICE PRESIDENT
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<CIK> 0000848103
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<TABLE> <S> <C>
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<LEGEND>
This schedule contains summary financial information extracted from North
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</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
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<NET-CHANGE-IN-ASSETS> (1630786)
<ACCUMULATED-NII-PRIOR> (389597)
<ACCUMULATED-GAINS-PRIOR> (3350703)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 350619
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 959281
<AVERAGE-NET-ASSETS> 117001786
<PER-SHARE-NAV-BEGIN> 9.98
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> (0.24)
<PER-SHARE-DIVIDEND> 0.34
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.67
<EXPENSE-RATIO> 1.25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 022
<NAME> U.S. GOVERNMENT SECURITIES FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 148849103
<INVESTMENTS-AT-VALUE> 147978474
<RECEIVABLES> 761197
<ASSETS-OTHER> 17802
<OTHER-ITEMS-ASSETS> 356
<TOTAL-ASSETS> 148757829
<PAYABLE-FOR-SECURITIES> 34093270
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 937444
<TOTAL-LIABILITIES> 35030714
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119278913
<SHARES-COMMON-STOCK> 1993252
<SHARES-COMMON-PRIOR> 1402069
<ACCUMULATED-NII-CURRENT> (1129110)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3552059)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (870629)
<NET-ASSETS> 113727115
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3944789
<OTHER-INCOME> 0
<EXPENSES-NET> 852774
<NET-INVESTMENT-INCOME> 3092015
<REALIZED-GAINS-CURRENT> (201356)
<APPREC-INCREASE-CURRENT> (2796711)
<NET-CHANGE-FROM-OPS> 93948
<EQUALIZATION> 5
<DISTRIBUTIONS-OF-INCOME> 542568
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 803330
<NUMBER-OF-SHARES-REDEEMED> 243900
<SHARES-REINVESTED> 31753
<NET-CHANGE-IN-ASSETS> (1630786)
<ACCUMULATED-NII-PRIOR> (389597)
<ACCUMULATED-GAINS-PRIOR> (3350703)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 350619
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 959281
<AVERAGE-NET-ASSETS> 117001786
<PER-SHARE-NAV-BEGIN> 9.98
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> (0.26)
<PER-SHARE-DIVIDEND> 0.31
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.66
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 023
<NAME> U.S. GOVERNMENT SECURITIES FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 148849103
<INVESTMENTS-AT-VALUE> 147978474
<RECEIVABLES> 761197
<ASSETS-OTHER> 17802
<OTHER-ITEMS-ASSETS> 356
<TOTAL-ASSETS> 148757829
<PAYABLE-FOR-SECURITIES> 34093270
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 937444
<TOTAL-LIABILITIES> 35030714
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119278913
<SHARES-COMMON-STOCK> 2087210
<SHARES-COMMON-PRIOR> 2022679
<ACCUMULATED-NII-CURRENT> (1129110)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3552059)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (870629)
<NET-ASSETS> 113727115
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3944789
<OTHER-INCOME> 0
<EXPENSES-NET> 852774
<NET-INVESTMENT-INCOME> 3092015
<REALIZED-GAINS-CURRENT> (201356)
<APPREC-INCREASE-CURRENT> (2796711)
<NET-CHANGE-FROM-OPS> 93948
<EQUALIZATION> 5
<DISTRIBUTIONS-OF-INCOME> 624192
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 645992
<NUMBER-OF-SHARES-REDEEMED> 625413
<SHARES-REINVESTED> 43952
<NET-CHANGE-IN-ASSETS> (1630786)
<ACCUMULATED-NII-PRIOR> (389597)
<ACCUMULATED-GAINS-PRIOR> (3350703)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 350619
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 959281
<AVERAGE-NET-ASSETS> 117001786
<PER-SHARE-NAV-BEGIN> 9.98
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> (0.26)
<PER-SHARE-DIVIDEND> 0.31
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.66
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 031
<NAME> MONEY MARKET FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 17935400
<INVESTMENTS-AT-VALUE> 17935400
<RECEIVABLES> 31684
<ASSETS-OTHER> 20173
<OTHER-ITEMS-ASSETS> 4033
<TOTAL-ASSETS> 17991290
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 100297
<TOTAL-LIABILITIES> 100297
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17890993
<SHARES-COMMON-STOCK> 7833243
<SHARES-COMMON-PRIOR> 11378848
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 17890993
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 510972
<OTHER-INCOME> 0
<EXPENSES-NET> 45386
<NET-INVESTMENT-INCOME> 465586
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 465586
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 214401
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 22919903
<NUMBER-OF-SHARES-REDEEMED> 26636970
<SHARES-REINVESTED> 171462
<NET-CHANGE-IN-ASSETS> (4446455)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 18149
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 90197
<AVERAGE-NET-ASSETS> 18199005
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 032
<NAME> MONEY MARKET FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 17935400
<INVESTMENTS-AT-VALUE> 17935400
<RECEIVABLES> 31684
<ASSETS-OTHER> 20173
<OTHER-ITEMS-ASSETS> 4033
<TOTAL-ASSETS> 17991290
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 100297
<TOTAL-LIABILITIES> 100297
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17890993
<SHARES-COMMON-STOCK> 1426929
<SHARES-COMMON-PRIOR> 1564104
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 17890993
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 510972
<OTHER-INCOME> 0
<EXPENSES-NET> 45386
<NET-INVESTMENT-INCOME> 465586
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 465586
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 33434
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2899188
<NUMBER-OF-SHARES-REDEEMED> 3059983
<SHARES-REINVESTED> 23620
<NET-CHANGE-IN-ASSETS> (4446455)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 18149
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 90197
<AVERAGE-NET-ASSETS> 18199005
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 033
<NAME> MONEY MARKET FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 17935400
<INVESTMENTS-AT-VALUE> 17935400
<RECEIVABLES> 31684
<ASSETS-OTHER> 20173
<OTHER-ITEMS-ASSETS> 4033
<TOTAL-ASSETS> 17991290
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 100297
<TOTAL-LIABILITIES> 100297
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17890993
<SHARES-COMMON-STOCK> 8630821
<SHARES-COMMON-PRIOR> 9394496
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 17890993
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 510972
<OTHER-INCOME> 0
<EXPENSES-NET> 45386
<NET-INVESTMENT-INCOME> 465586
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 465586
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 217751
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9747028
<NUMBER-OF-SHARES-REDEEMED> 10679721
<SHARES-REINVESTED> 169018
<NET-CHANGE-IN-ASSETS> (4446455)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 18149
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 90197
<AVERAGE-NET-ASSETS> 18199005
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 071
<NAME> GLOBAL GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 118142306
<INVESTMENTS-AT-VALUE> 136982962
<RECEIVABLES> 1624360
<ASSETS-OTHER> 21258
<OTHER-ITEMS-ASSETS> 38633799
<TOTAL-ASSETS> 177262379
<PAYABLE-FOR-SECURITIES> 38298528
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 312844
<TOTAL-LIABILITIES> 38611372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119347435
<SHARES-COMMON-STOCK> 1826986
<SHARES-COMMON-PRIOR> 1726660
<ACCUMULATED-NII-CURRENT> (208973)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 598296
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18914249
<NET-ASSETS> 138651007
<DIVIDEND-INCOME> 894990
<INTEREST-INCOME> 72671
<OTHER-INCOME> 0
<EXPENSES-NET> 1524690
<NET-INVESTMENT-INCOME> (557029)
<REALIZED-GAINS-CURRENT> 4565594
<APPREC-INCREASE-CURRENT> 11245973
<NET-CHANGE-FROM-OPS> 15254538
<EQUALIZATION> (714)
<DISTRIBUTIONS-OF-INCOME> 370725
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1215793
<NUMBER-OF-SHARES-REDEEMED> 1141733
<SHARES-REINVESTED> 26266
<NET-CHANGE-IN-ASSETS> 8099569
<ACCUMULATED-NII-PRIOR> 1556196
<ACCUMULATED-GAINS-PRIOR> (3967298)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 601260
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1584775
<AVERAGE-NET-ASSETS> 133980277
<PER-SHARE-NAV-BEGIN> 13.84
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 1.70
<PER-SHARE-DIVIDEND> 0.21
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.30
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 072
<NAME> GLOBAL GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 118142306
<INVESTMENTS-AT-VALUE> 136982962
<RECEIVABLES> 1624360
<ASSETS-OTHER> 21258
<OTHER-ITEMS-ASSETS> 38633799
<TOTAL-ASSETS> 177262379
<PAYABLE-FOR-SECURITIES> 38298528
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 312844
<TOTAL-LIABILITIES> 38611372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119347435
<SHARES-COMMON-STOCK> 1849329
<SHARES-COMMON-PRIOR> 1698251
<ACCUMULATED-NII-CURRENT> (208973)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 598296
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18914249
<NET-ASSETS> 138651007
<DIVIDEND-INCOME> 894990
<INTEREST-INCOME> 72671
<OTHER-INCOME> 0
<EXPENSES-NET> 1524690
<NET-INVESTMENT-INCOME> (557029)
<REALIZED-GAINS-CURRENT> 4565594
<APPREC-INCREASE-CURRENT> 11245973
<NET-CHANGE-FROM-OPS> 15254538
<EQUALIZATION> (714)
<DISTRIBUTIONS-OF-INCOME> 247709
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 336940
<NUMBER-OF-SHARES-REDEEMED> 202474
<SHARES-REINVESTED> 16612
<NET-CHANGE-IN-ASSETS> 8099569
<ACCUMULATED-NII-PRIOR> 1556196
<ACCUMULATED-GAINS-PRIOR> (3967298)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 601260
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1584775
<AVERAGE-NET-ASSETS> 133980277
<PER-SHARE-NAV-BEGIN> 13.73
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 1.70
<PER-SHARE-DIVIDEND> 0.14
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.21
<EXPENSE-RATIO> 2.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 073
<NAME> GLOBAL GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 118142306
<INVESTMENTS-AT-VALUE> 136982962
<RECEIVABLES> 1624360
<ASSETS-OTHER> 21258
<OTHER-ITEMS-ASSETS> 38633799
<TOTAL-ASSETS> 177262379
<PAYABLE-FOR-SECURITIES> 38298528
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 312844
<TOTAL-LIABILITIES> 38611372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119347435
<SHARES-COMMON-STOCK> 5412978
<SHARES-COMMON-PRIOR> 6069937
<ACCUMULATED-NII-CURRENT> (208973)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 598296
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18914249
<NET-ASSETS> 138651007
<DIVIDEND-INCOME> 894990
<INTEREST-INCOME> 72671
<OTHER-INCOME> 0
<EXPENSES-NET> 1524690
<NET-INVESTMENT-INCOME> (557029)
<REALIZED-GAINS-CURRENT> 4565594
<APPREC-INCREASE-CURRENT> 11245973
<NET-CHANGE-FROM-OPS> 15254538
<EQUALIZATION> (714)
<DISTRIBUTIONS-OF-INCOME> 588992
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 444339
<NUMBER-OF-SHARES-REDEEMED> 1140145
<SHARES-REINVESTED> 38847
<NET-CHANGE-IN-ASSETS> 8099569
<ACCUMULATED-NII-PRIOR> 1556196
<ACCUMULATED-GAINS-PRIOR> (3967298)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 601260
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1584775
<AVERAGE-NET-ASSETS> 133980277
<PER-SHARE-NAV-BEGIN> 13.73
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 1.70
<PER-SHARE-DIVIDEND> 0.10
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.25
<EXPENSE-RATIO> 2.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 081
<NAME> INVESTMENT QUALITY BOND FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 20263993
<INVESTMENTS-AT-VALUE> 20076643
<RECEIVABLES> 343751
<ASSETS-OTHER> 16572
<OTHER-ITEMS-ASSETS> 241
<TOTAL-ASSETS> 20437207
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 139066
<TOTAL-LIABILITIES> 139066
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20992141
<SHARES-COMMON-STOCK> 924336
<SHARES-COMMON-PRIOR> 979526
<ACCUMULATED-NII-CURRENT> 9951
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (516601)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (187350)
<NET-ASSETS> 20298141
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 794985
<OTHER-INCOME> 0
<EXPENSES-NET> 170405
<NET-INVESTMENT-INCOME> 624580
<REALIZED-GAINS-CURRENT> 164414
<APPREC-INCREASE-CURRENT> (875502)
<NET-CHANGE-FROM-OPS> (86508)
<EQUALIZATION> 2324
<DISTRIBUTIONS-OF-INCOME> 328862
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 46913
<NUMBER-OF-SHARES-REDEEMED> 123208
<SHARES-REINVESTED> 21105
<NET-CHANGE-IN-ASSETS> (724535)
<ACCUMULATED-NII-PRIOR> 46769
<ACCUMULATED-GAINS-PRIOR> (681015)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 64294
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 206386
<AVERAGE-NET-ASSETS> 21466017
<PER-SHARE-NAV-BEGIN> 10.56
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> (0.35)
<PER-SHARE-DIVIDEND> 0.34
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.19
<EXPENSE-RATIO> 1.25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 082
<NAME> INVESTMENT QUALITY BOND FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 20263993
<INVESTMENTS-AT-VALUE> 20076643
<RECEIVABLES> 343751
<ASSETS-OTHER> 16572
<OTHER-ITEMS-ASSETS> 241
<TOTAL-ASSETS> 20437207
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 139066
<TOTAL-LIABILITIES> 139066
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20992141
<SHARES-COMMON-STOCK> 445731
<SHARES-COMMON-PRIOR> 328970
<ACCUMULATED-NII-CURRENT> 9951
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (516601)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (187350)
<NET-ASSETS> 20298141
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 794985
<OTHER-INCOME> 0
<EXPENSES-NET> 170405
<NET-INVESTMENT-INCOME> 624580
<REALIZED-GAINS-CURRENT> 164414
<APPREC-INCREASE-CURRENT> (875502)
<NET-CHANGE-FROM-OPS> (86508)
<EQUALIZATION> 2324
<DISTRIBUTIONS-OF-INCOME> 127266
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 156831
<NUMBER-OF-SHARES-REDEEMED> 48436
<SHARES-REINVESTED> 8366
<NET-CHANGE-IN-ASSETS> (724535)
<ACCUMULATED-NII-PRIOR> 46769
<ACCUMULATED-GAINS-PRIOR> (681015)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 64294
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 206386
<AVERAGE-NET-ASSETS> 21466017
<PER-SHARE-NAV-BEGIN> 10.55
<PER-SHARE-NII> 0.29
<PER-SHARE-GAIN-APPREC> (0.34)
<PER-SHARE-DIVIDEND> 0.31
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.19
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 083
<NAME> INVESTMENT QUALITY BOND FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 20263993
<INVESTMENTS-AT-VALUE> 20076643
<RECEIVABLES> 343751
<ASSETS-OTHER> 16572
<OTHER-ITEMS-ASSETS> 241
<TOTAL-ASSETS> 20437207
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 139066
<TOTAL-LIABILITIES> 139066
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20992141
<SHARES-COMMON-STOCK> 622231
<SHARES-COMMON-PRIOR> 683013
<ACCUMULATED-NII-CURRENT> 9951
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (516601)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (187350)
<NET-ASSETS> 20298141
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 794985
<OTHER-INCOME> 0
<EXPENSES-NET> 170405
<NET-INVESTMENT-INCOME> 624580
<REALIZED-GAINS-CURRENT> 164414
<APPREC-INCREASE-CURRENT> (875502)
<NET-CHANGE-FROM-OPS> (86508)
<EQUALIZATION> 2324
<DISTRIBUTIONS-OF-INCOME> 207594
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 171017
<NUMBER-OF-SHARES-REDEEMED> 246796
<SHARES-REINVESTED> 14997
<NET-CHANGE-IN-ASSETS> (724535)
<ACCUMULATED-NII-PRIOR> 46769
<ACCUMULATED-GAINS-PRIOR> (681015)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 64294
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 206386
<AVERAGE-NET-ASSETS> 21466017
<PER-SHARE-NAV-BEGIN> 10.55
<PER-SHARE-NII> 0.29
<PER-SHARE-GAIN-APPREC> (0.34)
<PER-SHARE-DIVIDEND> 0.31
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.19
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 091
<NAME> GROWTH AND INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 91386916
<INVESTMENTS-AT-VALUE> 113452652
<RECEIVABLES> 599706
<ASSETS-OTHER> 23808
<OTHER-ITEMS-ASSETS> 2480
<TOTAL-ASSETS> 114078646
<PAYABLE-FOR-SECURITIES> 55909
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 163337
<TOTAL-LIABILITIES> 219246
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 89192006
<SHARES-COMMON-STOCK> 947723
<SHARES-COMMON-PRIOR> 827682
<ACCUMULATED-NII-CURRENT> 344030
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2257605
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22065759
<NET-ASSETS> 113859400
<DIVIDEND-INCOME> 1280616
<INTEREST-INCOME> 123244
<OTHER-INCOME> 0
<EXPENSES-NET> 1008568
<NET-INVESTMENT-INCOME> 395292
<REALIZED-GAINS-CURRENT> 2257282
<APPREC-INCREASE-CURRENT> 8701419
<NET-CHANGE-FROM-OPS> 11353993
<EQUALIZATION> 13789
<DISTRIBUTIONS-OF-INCOME> 105411
<DISTRIBUTIONS-OF-GAINS> 105286
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 195440
<NUMBER-OF-SHARES-REDEEMED> 88779
<SHARES-REINVESTED> 13380
<NET-CHANGE-IN-ASSETS> 19473890
<ACCUMULATED-NII-PRIOR> 452599
<ACCUMULATED-GAINS-PRIOR> 815808
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 369679
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1125788
<AVERAGE-NET-ASSETS> 106131831
<PER-SHARE-NAV-BEGIN> 14.72
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 1.61
<PER-SHARE-DIVIDEND> 0.12
<PER-SHARE-DISTRIBUTIONS> 0.12
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.19
<EXPENSE-RATIO> 1.34
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 092
<NAME> GROWTH AND INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 91386916
<INVESTMENTS-AT-VALUE> 113452652
<RECEIVABLES> 599706
<ASSETS-OTHER> 23808
<OTHER-ITEMS-ASSETS> 2480
<TOTAL-ASSETS> 114078646
<PAYABLE-FOR-SECURITIES> 55909
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 163337
<TOTAL-LIABILITIES> 219246
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 89192006
<SHARES-COMMON-STOCK> 1772164
<SHARES-COMMON-PRIOR> 1297356
<ACCUMULATED-NII-CURRENT> 344030
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2257605
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22065759
<NET-ASSETS> 113859400
<DIVIDEND-INCOME> 1280616
<INTEREST-INCOME> 123244
<OTHER-INCOME> 0
<EXPENSES-NET> 1008568
<NET-INVESTMENT-INCOME> 395292
<REALIZED-GAINS-CURRENT> 2257282
<APPREC-INCREASE-CURRENT> 8701419
<NET-CHANGE-FROM-OPS> 11353993
<EQUALIZATION> 13789
<DISTRIBUTIONS-OF-INCOME> 128862
<DISTRIBUTIONS-OF-GAINS> 184505
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 560428
<NUMBER-OF-SHARES-REDEEMED> 104691
<SHARES-REINVESTED> 19071
<NET-CHANGE-IN-ASSETS> 19473890
<ACCUMULATED-NII-PRIOR> 452599
<ACCUMULATED-GAINS-PRIOR> 815808
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 369679
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1125788
<AVERAGE-NET-ASSETS> 106131831
<PER-SHARE-NAV-BEGIN> 14.69
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 1.62
<PER-SHARE-DIVIDEND> 0.09
<PER-SHARE-DISTRIBUTIONS> 0.12
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.15
<EXPENSE-RATIO> 1.99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 093
<NAME> GROWTH AND INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 91386916
<INVESTMENTS-AT-VALUE> 113452652
<RECEIVABLES> 599706
<ASSETS-OTHER> 23808
<OTHER-ITEMS-ASSETS> 2480
<TOTAL-ASSETS> 114078646
<PAYABLE-FOR-SECURITIES> 55909
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 163337
<TOTAL-LIABILITIES> 219246
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 89192006
<SHARES-COMMON-STOCK> 4313053
<SHARES-COMMON-PRIOR> 4292794
<ACCUMULATED-NII-CURRENT> 344030
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2257605
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22065759
<NET-ASSETS> 113859400
<DIVIDEND-INCOME> 1280616
<INTEREST-INCOME> 123244
<OTHER-INCOME> 0
<EXPENSES-NET> 1008568
<NET-INVESTMENT-INCOME> 395292
<REALIZED-GAINS-CURRENT> 2257282
<APPREC-INCREASE-CURRENT> 8701419
<NET-CHANGE-FROM-OPS> 11353993
<EQUALIZATION> 13789
<DISTRIBUTIONS-OF-INCOME> 283377
<DISTRIBUTIONS-OF-GAINS> 525694
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 617899
<NUMBER-OF-SHARES-REDEEMED> 647871
<SHARES-REINVESTED> 50231
<NET-CHANGE-IN-ASSETS> 19473890
<ACCUMULATED-NII-PRIOR> 452599
<ACCUMULATED-GAINS-PRIOR> 815808
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 369679
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1125788
<AVERAGE-NET-ASSETS> 106131831
<PER-SHARE-NAV-BEGIN> 14.71
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 1.63
<PER-SHARE-DIVIDEND> 0.07
<PER-SHARE-DISTRIBUTIONS> 0.12
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.20
<EXPENSE-RATIO> 1.99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 101
<NAME> ASSET ALLOCATION FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 106858866
<INVESTMENTS-AT-VALUE> 115867903
<RECEIVABLES> 9639836
<ASSETS-OTHER> 15742
<OTHER-ITEMS-ASSETS> 411
<TOTAL-ASSETS> 125523892
<PAYABLE-FOR-SECURITIES> 21294086
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 180167
<TOTAL-LIABILITIES> 21474253
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90518919
<SHARES-COMMON-STOCK> 948683
<SHARES-COMMON-PRIOR> 834714
<ACCUMULATED-NII-CURRENT> 1003353
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3650607
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8876760
<NET-ASSETS> 104049639
<DIVIDEND-INCOME> 712801
<INTEREST-INCOME> 1669183
<OTHER-INCOME> 0
<EXPENSES-NET> 1000170
<NET-INVESTMENT-INCOME> 1381814
<REALIZED-GAINS-CURRENT> 3649022
<APPREC-INCREASE-CURRENT> 961536
<NET-CHANGE-FROM-OPS> 5992372
<EQUALIZATION> 206146
<DISTRIBUTIONS-OF-INCOME> 342751
<DISTRIBUTIONS-OF-GAINS> 646271
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 112443
<NUMBER-OF-SHARES-REDEEMED> 84450
<SHARES-REINVESTED> 85976
<NET-CHANGE-IN-ASSETS> 3515796
<ACCUMULATED-NII-PRIOR> 2141058
<ACCUMULATED-GAINS-PRIOR> 6339527
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 363502
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1106936
<AVERAGE-NET-ASSETS> 104296663
<PER-SHARE-NAV-BEGIN> 12.02
<PER-SHARE-NII> 0.22
<PER-SHARE-GAIN-APPREC> 0.49
<PER-SHARE-DIVIDEND> 0.40
<PER-SHARE-DISTRIBUTIONS> 0.75
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.58
<EXPENSE-RATIO> 1.34
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 102
<NAME> ASSET ALLOCATION FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 106858866
<INVESTMENTS-AT-VALUE> 115867903
<RECEIVABLES> 9639836
<ASSETS-OTHER> 15742
<OTHER-ITEMS-ASSETS> 411
<TOTAL-ASSETS> 125523892
<PAYABLE-FOR-SECURITIES> 21294086
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 180167
<TOTAL-LIABILITIES> 21474253
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90518919
<SHARES-COMMON-STOCK> 1144876
<SHARES-COMMON-PRIOR> 824443
<ACCUMULATED-NII-CURRENT> 1003353
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3650607
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8876760
<NET-ASSETS> 104049639
<DIVIDEND-INCOME> 712801
<INTEREST-INCOME> 1669183
<OTHER-INCOME> 0
<EXPENSES-NET> 1000170
<NET-INVESTMENT-INCOME> 1381814
<REALIZED-GAINS-CURRENT> 3649022
<APPREC-INCREASE-CURRENT> 961536
<NET-CHANGE-FROM-OPS> 5992372
<EQUALIZATION> 206146
<DISTRIBUTIONS-OF-INCOME> 316830
<DISTRIBUTIONS-OF-GAINS> 692368
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 279661
<NUMBER-OF-SHARES-REDEEMED> 45115
<SHARES-REINVESTED> 85887
<NET-CHANGE-IN-ASSETS> 3515796
<ACCUMULATED-NII-PRIOR> 2141058
<ACCUMULATED-GAINS-PRIOR> 6339527
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 363502
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1106936
<AVERAGE-NET-ASSETS> 104296663
<PER-SHARE-NAV-BEGIN> 11.98
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 0.50
<PER-SHARE-DIVIDEND> 0.35
<PER-SHARE-DISTRIBUTIONS> 0.75
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.56
<EXPENSE-RATIO> 1.99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 103
<NAME> ASSET ALLOCATION FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 106858866
<INVESTMENTS-AT-VALUE> 115867903
<RECEIVABLES> 9639836
<ASSETS-OTHER> 15742
<OTHER-ITEMS-ASSETS> 411
<TOTAL-ASSETS> 125523892
<PAYABLE-FOR-SECURITIES> 21294086
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 180167
<TOTAL-LIABILITIES> 21474253
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90518919
<SHARES-COMMON-STOCK> 6857597
<SHARES-COMMON-PRIOR> 6706025
<ACCUMULATED-NII-CURRENT> 1003353
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3650607
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8876760
<NET-ASSETS> 104049639
<DIVIDEND-INCOME> 712801
<INTEREST-INCOME> 1669183
<OTHER-INCOME> 0
<EXPENSES-NET> 1000170
<NET-INVESTMENT-INCOME> 1381814
<REALIZED-GAINS-CURRENT> 3649022
<APPREC-INCREASE-CURRENT> 961536
<NET-CHANGE-FROM-OPS> 5992372
<EQUALIZATION> 206146
<DISTRIBUTIONS-OF-INCOME> 2066083
<DISTRIBUTIONS-OF-GAINS> 4999304
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 379855
<NUMBER-OF-SHARES-REDEEMED> 805884
<SHARES-REINVESTED> 577601
<NET-CHANGE-IN-ASSETS> 3515796
<ACCUMULATED-NII-PRIOR> 2141058
<ACCUMULATED-GAINS-PRIOR> 6339527
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 363502
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1106936
<AVERAGE-NET-ASSETS> 104296663
<PER-SHARE-NAV-BEGIN> 12.02
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 0.50
<PER-SHARE-DIVIDEND> 0.31
<PER-SHARE-DISTRIBUTIONS> 0.75
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.64
<EXPENSE-RATIO> 1.99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 111
<NAME> NATIONAL MUNICIPAL BOND FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 19883387
<INVESTMENTS-AT-VALUE> 19921614
<RECEIVABLES> 334410
<ASSETS-OTHER> 1946
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20275470
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 113944
<TOTAL-LIABILITIES> 113944
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20562390
<SHARES-COMMON-STOCK> 822454
<SHARES-COMMON-PRIOR> 791917
<ACCUMULATED-NII-CURRENT> (569)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (438522)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38227
<NET-ASSETS> 20161526
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 626857
<OTHER-INCOME> 0
<EXPENSES-NET> 158979
<NET-INVESTMENT-INCOME> 467878
<REALIZED-GAINS-CURRENT> 33922
<APPREC-INCREASE-CURRENT> (358853)
<NET-CHANGE-FROM-OPS> 142947
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 197747
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 72361
<NUMBER-OF-SHARES-REDEEMED> 51166
<SHARES-REINVESTED> 9342
<NET-CHANGE-IN-ASSETS> (166609)
<ACCUMULATED-NII-PRIOR> (572)
<ACCUMULATED-GAINS-PRIOR> (472444)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 62787
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 193015
<AVERAGE-NET-ASSETS> 20974134
<PER-SHARE-NAV-BEGIN> 9.62
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> (0.15)
<PER-SHARE-DIVIDEND> 0.24
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.47
<EXPENSE-RATIO> 0.99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 112
<NAME> NATIONAL MUNICIPAL BOND FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 19883387
<INVESTMENTS-AT-VALUE> 19921614
<RECEIVABLES> 334410
<ASSETS-OTHER> 1946
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20275470
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 113944
<TOTAL-LIABILITIES> 113944
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20562390
<SHARES-COMMON-STOCK> 642196
<SHARES-COMMON-PRIOR> 610972
<ACCUMULATED-NII-CURRENT> (569)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (438522)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38227
<NET-ASSETS> 20161526
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 626857
<OTHER-INCOME> 0
<EXPENSES-NET> 158979
<NET-INVESTMENT-INCOME> 467878
<REALIZED-GAINS-CURRENT> 33922
<APPREC-INCREASE-CURRENT> (358853)
<NET-CHANGE-FROM-OPS> 142947
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 127859
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 91216
<NUMBER-OF-SHARES-REDEEMED> 67640
<SHARES-REINVESTED> 7648
<NET-CHANGE-IN-ASSETS> (166609)
<ACCUMULATED-NII-PRIOR> (572)
<ACCUMULATED-GAINS-PRIOR> (472444)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 62787
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 193015
<AVERAGE-NET-ASSETS> 20974134
<PER-SHARE-NAV-BEGIN> 9.62
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> (0.15)
<PER-SHARE-DIVIDEND> 0.20
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.47
<EXPENSE-RATIO> 1.84
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 113
<NAME> NATIONAL MUNICIPAL BOND FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 19883387
<INVESTMENTS-AT-VALUE> 19921614
<RECEIVABLES> 334410
<ASSETS-OTHER> 1946
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20275470
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 113944
<TOTAL-LIABILITIES> 113944
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20562390
<SHARES-COMMON-STOCK> 663843
<SHARES-COMMON-PRIOR> 710507
<ACCUMULATED-NII-CURRENT> (569)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (438522)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38227
<NET-ASSETS> 20161526
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 626857
<OTHER-INCOME> 0
<EXPENSES-NET> 158979
<NET-INVESTMENT-INCOME> 467878
<REALIZED-GAINS-CURRENT> 33922
<APPREC-INCREASE-CURRENT> (358853)
<NET-CHANGE-FROM-OPS> 142947
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 142269
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 76802
<NUMBER-OF-SHARES-REDEEMED> 133019
<SHARES-REINVESTED> 9553
<NET-CHANGE-IN-ASSETS> (166609)
<ACCUMULATED-NII-PRIOR> (572)
<ACCUMULATED-GAINS-PRIOR> (472444)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 62787
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 193015
<AVERAGE-NET-ASSETS> 20974134
<PER-SHARE-NAV-BEGIN> 9.62
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> (0.15)
<PER-SHARE-DIVIDEND> 0.20
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.47
<EXPENSE-RATIO> 1.84
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 131
<NAME> STRATEGIC INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 54345240
<INVESTMENTS-AT-VALUE> 55609101
<RECEIVABLES> 1006066
<ASSETS-OTHER> 22380
<OTHER-ITEMS-ASSETS> 3130025
<TOTAL-ASSETS> 59767572
<PAYABLE-FOR-SECURITIES> 4716596
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 431412
<TOTAL-LIABILITIES> 5148008
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 53781240
<SHARES-COMMON-STOCK> 1141991
<SHARES-COMMON-PRIOR> 1107567
<ACCUMULATED-NII-CURRENT> (35847)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (425886)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1300057
<NET-ASSETS> 54619564
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2524734
<OTHER-INCOME> 0
<EXPENSES-NET> 513458
<NET-INVESTMENT-INCOME> 2011276
<REALIZED-GAINS-CURRENT> (25551)
<APPREC-INCREASE-CURRENT> 2045333
<NET-CHANGE-FROM-OPS> 4031058
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 449498
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 173111
<NUMBER-OF-SHARES-REDEEMED> 163001
<SHARES-REINVESTED> 24314
<NET-CHANGE-IN-ASSETS> 9633074
<ACCUMULATED-NII-PRIOR> (35848)
<ACCUMULATED-GAINS-PRIOR> (400335)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 191183
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 555153
<AVERAGE-NET-ASSETS> 51109423
<PER-SHARE-NAV-BEGIN> 9.07
<PER-SHARE-NII> 0.39
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0.39
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.45
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 132
<NAME> STRATEGIC INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 54345240
<INVESTMENTS-AT-VALUE> 55609101
<RECEIVABLES> 1006066
<ASSETS-OTHER> 22380
<OTHER-ITEMS-ASSETS> 3130025
<TOTAL-ASSETS> 59767572
<PAYABLE-FOR-SECURITIES> 4716596
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 431412
<TOTAL-LIABILITIES> 5148008
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 53781240
<SHARES-COMMON-STOCK> 2768646
<SHARES-COMMON-PRIOR> 2280183
<ACCUMULATED-NII-CURRENT> (35847)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (425886)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1300057
<NET-ASSETS> 54619564
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2524734
<OTHER-INCOME> 0
<EXPENSES-NET> 513458
<NET-INVESTMENT-INCOME> 2011276
<REALIZED-GAINS-CURRENT> (25551)
<APPREC-INCREASE-CURRENT> 2045333
<NET-CHANGE-FROM-OPS> 4031058
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 935285
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 646021
<NUMBER-OF-SHARES-REDEEMED> 198356
<SHARES-REINVESTED> 40798
<NET-CHANGE-IN-ASSETS> 9633074
<ACCUMULATED-NII-PRIOR> (35848)
<ACCUMULATED-GAINS-PRIOR> (400335)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 191183
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 555153
<AVERAGE-NET-ASSETS> 51109423
<PER-SHARE-NAV-BEGIN> 9.07
<PER-SHARE-NII> 0.36
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0.36
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.45
<EXPENSE-RATIO> 2.15
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 133
<NAME> STRATEGIC INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 54345240
<INVESTMENTS-AT-VALUE> 55609101
<RECEIVABLES> 1006066
<ASSETS-OTHER> 22380
<OTHER-ITEMS-ASSETS> 3130025
<TOTAL-ASSETS> 59767572
<PAYABLE-FOR-SECURITIES> 4716596
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 431412
<TOTAL-LIABILITIES> 5148008
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 53781240
<SHARES-COMMON-STOCK> 1870187
<SHARES-COMMON-PRIOR> 1574343
<ACCUMULATED-NII-CURRENT> (35847)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (425886)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1300057
<NET-ASSETS> 54619564
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2524734
<OTHER-INCOME> 0
<EXPENSES-NET> 513458
<NET-INVESTMENT-INCOME> 2011276
<REALIZED-GAINS-CURRENT> (25551)
<APPREC-INCREASE-CURRENT> 2045333
<NET-CHANGE-FROM-OPS> 4031058
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 626492
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 556049
<NUMBER-OF-SHARES-REDEEMED> 303086
<SHARES-REINVESTED> 42881
<NET-CHANGE-IN-ASSETS> 9633074
<ACCUMULATED-NII-PRIOR> (35848)
<ACCUMULATED-GAINS-PRIOR> (400335)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 191183
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 555153
<AVERAGE-NET-ASSETS> 51109423
<PER-SHARE-NAV-BEGIN> 9.07
<PER-SHARE-NII> 0.36
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0.36
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.45
<EXPENSE-RATIO> 2.15
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 141
<NAME> INTERNATIONAL GROWTH AND INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 22542005
<INVESTMENTS-AT-VALUE> 24099337
<RECEIVABLES> 531036
<ASSETS-OTHER> 22458
<OTHER-ITEMS-ASSETS> 14445043
<TOTAL-ASSETS> 39097874
<PAYABLE-FOR-SECURITIES> 13822386
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 274580
<TOTAL-LIABILITIES> 14096966
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22817680
<SHARES-COMMON-STOCK> 363115
<SHARES-COMMON-PRIOR> 682252
<ACCUMULATED-NII-CURRENT> (403039)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1114547
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1471720
<NET-ASSETS> 25000908
<DIVIDEND-INCOME> 177334
<INTEREST-INCOME> 95619
<OTHER-INCOME> 0
<EXPENSES-NET> 281560
<NET-INVESTMENT-INCOME> (8607)
<REALIZED-GAINS-CURRENT> 1121725
<APPREC-INCREASE-CURRENT> 1423472
<NET-CHANGE-FROM-OPS> 2536590
<EQUALIZATION> (20304)
<DISTRIBUTIONS-OF-INCOME> 56090
<DISTRIBUTIONS-OF-GAINS> 75054
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 127693
<NUMBER-OF-SHARES-REDEEMED> 459088
<SHARES-REINVESTED> 12258
<NET-CHANGE-IN-ASSETS> 3359278
<ACCUMULATED-NII-PRIOR> (231087)
<ACCUMULATED-GAINS-PRIOR> 245193
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 113311
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 311814
<AVERAGE-NET-ASSETS> 25249321
<PER-SHARE-NAV-BEGIN> 10.11
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 1.10
<PER-SHARE-DIVIDEND> 0.08
<PER-SHARE-DISTRIBUTIONS> 0.10
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.04
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 142
<NAME> INTERNATIONAL GROWTH AND INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 22542005
<INVESTMENTS-AT-VALUE> 24099337
<RECEIVABLES> 531036
<ASSETS-OTHER> 22458
<OTHER-ITEMS-ASSETS> 14445043
<TOTAL-ASSETS> 39097874
<PAYABLE-FOR-SECURITIES> 13822386
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 274580
<TOTAL-LIABILITIES> 14096966
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22817680
<SHARES-COMMON-STOCK> 1206719
<SHARES-COMMON-PRIOR> 834017
<ACCUMULATED-NII-CURRENT> (403039)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1114547
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1471720
<NET-ASSETS> 25000908
<DIVIDEND-INCOME> 177334
<INTEREST-INCOME> 95619
<OTHER-INCOME> 0
<EXPENSES-NET> 281560
<NET-INVESTMENT-INCOME> (8607)
<REALIZED-GAINS-CURRENT> 1121725
<APPREC-INCREASE-CURRENT> 1423472
<NET-CHANGE-FROM-OPS> 2536590
<EQUALIZATION> (20304)
<DISTRIBUTIONS-OF-INCOME> 52389
<DISTRIBUTIONS-OF-GAINS> 104218
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 430343
<NUMBER-OF-SHARES-REDEEMED> 71228
<SHARES-REINVESTED> 13587
<NET-CHANGE-IN-ASSETS> 3359278
<ACCUMULATED-NII-PRIOR> (231087)
<ACCUMULATED-GAINS-PRIOR> 245193
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 113311
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 311814
<AVERAGE-NET-ASSETS> 25249321
<PER-SHARE-NAV-BEGIN> 10.10
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 1.10
<PER-SHARE-DIVIDEND> 0.05
<PER-SHARE-DISTRIBUTIONS> 0.11
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.03
<EXPENSE-RATIO> 2.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 143
<NAME> INTERNATIONAL GROWTH AND INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 22542005
<INVESTMENTS-AT-VALUE> 24099337
<RECEIVABLES> 531036
<ASSETS-OTHER> 22458
<OTHER-ITEMS-ASSETS> 14445043
<TOTAL-ASSETS> 39097874
<PAYABLE-FOR-SECURITIES> 13822386
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 274580
<TOTAL-LIABILITIES> 14096966
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22817680
<SHARES-COMMON-STOCK> 696539
<SHARES-COMMON-PRIOR> 626235
<ACCUMULATED-NII-CURRENT> (403039)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1114547
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1471720
<NET-ASSETS> 25000908
<DIVIDEND-INCOME> 177334
<INTEREST-INCOME> 95619
<OTHER-INCOME> 0
<EXPENSES-NET> 281560
<NET-INVESTMENT-INCOME> (8607)
<REALIZED-GAINS-CURRENT> 1121725
<APPREC-INCREASE-CURRENT> 1423472
<NET-CHANGE-FROM-OPS> 2536590
<EQUALIZATION> (20304)
<DISTRIBUTIONS-OF-INCOME> 34562
<DISTRIBUTIONS-OF-GAINS> 73099
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 253209
<NUMBER-OF-SHARES-REDEEMED> 192863
<SHARES-REINVESTED> 9958
<NET-CHANGE-IN-ASSETS> 3359278
<ACCUMULATED-NII-PRIOR> (231087)
<ACCUMULATED-GAINS-PRIOR> 245193
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 113311
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 311814
<AVERAGE-NET-ASSETS> 25249321
<PER-SHARE-NAV-BEGIN> 10.10
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 1.09
<PER-SHARE-DIVIDEND> 0.05
<PER-SHARE-DISTRIBUTIONS> 0.10
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.03
<EXPENSE-RATIO> 2.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted form North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 151
<NAME> SMALL/MID CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 4233509
<INVESTMENTS-AT-VALUE> 4438544
<RECEIVABLES> 429427
<ASSETS-OTHER> 26263
<OTHER-ITEMS-ASSETS> 220
<TOTAL-ASSETS> 4894454
<PAYABLE-FOR-SECURITIES> 133043
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12781
<TOTAL-LIABILITIES> 145824
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4556146
<SHARES-COMMON-STOCK> 98406
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (2652)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9899)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 205035
<NET-ASSETS> 4748630
<DIVIDEND-INCOME> 312
<INTEREST-INCOME> 5394
<OTHER-INCOME> 0
<EXPENSES-NET> 8358
<NET-INVESTMENT-INCOME> (2652)
<REALIZED-GAINS-CURRENT> (9899)
<APPREC-INCREASE-CURRENT> 205035
<NET-CHANGE-FROM-OPS> 192484
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 98494
<NUMBER-OF-SHARES-REDEEMED> 88
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4748630
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3668
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 20304
<AVERAGE-NET-ASSETS> 2495321
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0.73
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.23
<EXPENSE-RATIO> 1.675
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted form North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 152
<NAME> SMALL/MID CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 4233509
<INVESTMENTS-AT-VALUE> 4438544
<RECEIVABLES> 429427
<ASSETS-OTHER> 26263
<OTHER-ITEMS-ASSETS> 220
<TOTAL-ASSETS> 4894454
<PAYABLE-FOR-SECURITIES> 133043
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12781
<TOTAL-LIABILITIES> 145824
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4556146
<SHARES-COMMON-STOCK> 126675
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (2652)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9899)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 205035
<NET-ASSETS> 4748630
<DIVIDEND-INCOME> 312
<INTEREST-INCOME> 5394
<OTHER-INCOME> 0
<EXPENSES-NET> 8358
<NET-INVESTMENT-INCOME> (2652)
<REALIZED-GAINS-CURRENT> (9899)
<APPREC-INCREASE-CURRENT> 205035
<NET-CHANGE-FROM-OPS> 192484
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 126675
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4748630
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3668
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 20304
<AVERAGE-NET-ASSETS> 2495321
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0.74
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.23
<EXPENSE-RATIO> 2.325
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted form North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 153
<NAME> SMALL/MID CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 4233509
<INVESTMENTS-AT-VALUE> 4438544
<RECEIVABLES> 429427
<ASSETS-OTHER> 26263
<OTHER-ITEMS-ASSETS> 220
<TOTAL-ASSETS> 4894454
<PAYABLE-FOR-SECURITIES> 133043
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12781
<TOTAL-LIABILITIES> 145824
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4556146
<SHARES-COMMON-STOCK> 133919
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (2652)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9899)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 205035
<NET-ASSETS> 4748630
<DIVIDEND-INCOME> 312
<INTEREST-INCOME> 5394
<OTHER-INCOME> 0
<EXPENSES-NET> 8358
<NET-INVESTMENT-INCOME> (2652)
<REALIZED-GAINS-CURRENT> (9899)
<APPREC-INCREASE-CURRENT> 205035
<NET-CHANGE-FROM-OPS> 192484
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 134208
<NUMBER-OF-SHARES-REDEEMED> 289
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4748630
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3668
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 20304
<AVERAGE-NET-ASSETS> 2495321
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0.74
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.23
<EXPENSE-RATIO> 2.325
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 161
<NAME> INTERNATIONAL SMALL CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 2925179
<INVESTMENTS-AT-VALUE> 3029141
<RECEIVABLES> 103709
<ASSETS-OTHER> 26713
<OTHER-ITEMS-ASSETS> 51744
<TOTAL-ASSETS> 3211307
<PAYABLE-FOR-SECURITIES> 101685
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13675
<TOTAL-LIABILITIES> 115360
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2977150
<SHARES-COMMON-STOCK> 65902
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2710
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12143
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 103944
<NET-ASSETS> 3095947
<DIVIDEND-INCOME> 4259
<INTEREST-INCOME> 5223
<OTHER-INCOME> 0
<EXPENSES-NET> 6990
<NET-INVESTMENT-INCOME> 2492
<REALIZED-GAINS-CURRENT> 12143
<APPREC-INCREASE-CURRENT> 103944
<NET-CHANGE-FROM-OPS> 118579
<EQUALIZATION> 218
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 65902
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3095947
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3129
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19153
<AVERAGE-NET-ASSETS> 1875928
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.67
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.19
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 162
<NAME> INTERNATIONAL SMALL CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 2925179
<INVESTMENTS-AT-VALUE> 3029141
<RECEIVABLES> 103709
<ASSETS-OTHER> 26713
<OTHER-ITEMS-ASSETS> 51744
<TOTAL-ASSETS> 3211307
<PAYABLE-FOR-SECURITIES> 101685
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13675
<TOTAL-LIABILITIES> 115360
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2977150
<SHARES-COMMON-STOCK> 74434
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2710
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12143
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 103944
<NET-ASSETS> 3095947
<DIVIDEND-INCOME> 4259
<INTEREST-INCOME> 5223
<OTHER-INCOME> 0
<EXPENSES-NET> 6990
<NET-INVESTMENT-INCOME> 2492
<REALIZED-GAINS-CURRENT> 12143
<APPREC-INCREASE-CURRENT> 103944
<NET-CHANGE-FROM-OPS> 118579
<EQUALIZATION> 218
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 74434
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3095947
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3129
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19153
<AVERAGE-NET-ASSETS> 1875928
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.68
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.19
<EXPENSE-RATIO> 2.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 163
<NAME> INTERNATIONAL SMALL CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 2925179
<INVESTMENTS-AT-VALUE> 3029141
<RECEIVABLES> 103709
<ASSETS-OTHER> 26713
<OTHER-ITEMS-ASSETS> 51744
<TOTAL-ASSETS> 3211307
<PAYABLE-FOR-SECURITIES> 101685
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13675
<TOTAL-LIABILITIES> 115360
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2977150
<SHARES-COMMON-STOCK> 94417
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2710
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12143
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 103944
<NET-ASSETS> 3095947
<DIVIDEND-INCOME> 4259
<INTEREST-INCOME> 5223
<OTHER-INCOME> 0
<EXPENSES-NET> 6990
<NET-INVESTMENT-INCOME> 2492
<REALIZED-GAINS-CURRENT> 12143
<APPREC-INCREASE-CURRENT> 103944
<NET-CHANGE-FROM-OPS> 118579
<EQUALIZATION> 218
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 94423
<NUMBER-OF-SHARES-REDEEMED> 6
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3095947
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3129
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19153
<AVERAGE-NET-ASSETS> 1875928
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.68
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.19
<EXPENSE-RATIO> 2.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 171
<NAME> GROWTH EQUITY FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 3543726
<INVESTMENTS-AT-VALUE> 3763159
<RECEIVABLES> 93709
<ASSETS-OTHER> 26254
<OTHER-ITEMS-ASSETS> 888
<TOTAL-ASSETS> 3884010
<PAYABLE-FOR-SECURITIES> 29403
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12841
<TOTAL-LIABILITIES> 42244
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3618852
<SHARES-COMMON-STOCK> 124512
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 504
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2977
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 219433
<NET-ASSETS> 3841766
<DIVIDEND-INCOME> 1168
<INTEREST-INCOME> 4843
<OTHER-INCOME> 0
<EXPENSES-NET> 6777
<NET-INVESTMENT-INCOME> (766)
<REALIZED-GAINS-CURRENT> 2977
<APPREC-INCREASE-CURRENT> 219433
<NET-CHANGE-FROM-OPS> 221644
<EQUALIZATION> 1270
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 124512
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3841766
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3012
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18945
<AVERAGE-NET-ASSETS> 2106116
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0.85
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.35
<EXPENSE-RATIO> 1.65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 172
<NAME> GROWTH EQUITY FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 3543726
<INVESTMENTS-AT-VALUE> 3763159
<RECEIVABLES> 93709
<ASSETS-OTHER> 26254
<OTHER-ITEMS-ASSETS> 888
<TOTAL-ASSETS> 3884010
<PAYABLE-FOR-SECURITIES> 29403
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12841
<TOTAL-LIABILITIES> 42244
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3618852
<SHARES-COMMON-STOCK> 94444
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 504
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2977
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 219433
<NET-ASSETS> 3841766
<DIVIDEND-INCOME> 1168
<INTEREST-INCOME> 4843
<OTHER-INCOME> 0
<EXPENSES-NET> 6777
<NET-INVESTMENT-INCOME> (766)
<REALIZED-GAINS-CURRENT> 2977
<APPREC-INCREASE-CURRENT> 219433
<NET-CHANGE-FROM-OPS> 221644
<EQUALIZATION> 1270
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 94444
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3841766
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3012
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18945
<AVERAGE-NET-ASSETS> 2106116
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0.86
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.35
<EXPENSE-RATIO> 2.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from North
American Funds semi-annual report dated April 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 173
<NAME> GROWTH EQUITY FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-04-1996
<PERIOD-END> APR-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 3543726
<INVESTMENTS-AT-VALUE> 3763159
<RECEIVABLES> 93709
<ASSETS-OTHER> 26254
<OTHER-ITEMS-ASSETS> 888
<TOTAL-ASSETS> 3884010
<PAYABLE-FOR-SECURITIES> 29403
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12841
<TOTAL-LIABILITIES> 42244
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3618852
<SHARES-COMMON-STOCK> 68798
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 504
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2977
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 219433
<NET-ASSETS> 3841766
<DIVIDEND-INCOME> 1168
<INTEREST-INCOME> 4843
<OTHER-INCOME> 0
<EXPENSES-NET> 6777
<NET-INVESTMENT-INCOME> (766)
<REALIZED-GAINS-CURRENT> 2977
<APPREC-INCREASE-CURRENT> 219433
<NET-CHANGE-FROM-OPS> 221644
<EQUALIZATION> 1270
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 72459
<NUMBER-OF-SHARES-REDEEMED> 3661
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3841766
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3012
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18945
<AVERAGE-NET-ASSETS> 2106116
<PER-SHARE-NAV-BEGIN> 12.50
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0.86
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.35
<EXPENSE-RATIO> 2.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
