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<PAGE> PAGE 3
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<PAGE> PAGE 11
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<PAGE> PAGE 13
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<PAGE> PAGE 18
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<PAGE> PAGE 21
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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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008 B000801 A
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<PAGE> PAGE 25
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015 A000801 STATE STREET BANK AND TRUST COMPANY
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<PAGE> PAGE 26
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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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008 B000901 A
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008 B000902 S
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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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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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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008 A001101 NASL FINANCIAL SERVICES, INC.
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
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<PAGE> PAGE 49
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<PAGE> PAGE 50
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<PAGE> PAGE 51
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<PAGE> PAGE 52
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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<PAGE> PAGE 55
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<PAGE> PAGE 56
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<PAGE> PAGE 57
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<PAGE> PAGE 58
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<PAGE> PAGE 59
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<PAGE> PAGE 60
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050 001600 N
051 001600 N
052 001600 N
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<PAGE> PAGE 61
067 001600 N
068 A001600 N
068 B001600 Y
069 001600 N
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070 A021600 Y
070 B011600 Y
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070 C011600 Y
070 C021600 N
070 D011600 Y
070 D021600 N
070 E011600 Y
070 E021600 N
070 F011600 Y
070 F021600 N
070 G011600 Y
070 G021600 N
070 H011600 Y
070 H021600 N
070 I011600 Y
070 I021600 N
070 J011600 Y
070 J021600 Y
070 K011600 Y
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070 L021600 Y
070 M011600 Y
070 M021600 Y
070 N011600 Y
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070 P011600 N
070 P021600 N
070 Q011600 N
070 Q021600 N
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<PAGE> PAGE 62
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<PAGE> PAGE 63
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008 A001701 NASL FINANCIAL SERVICES, INC.
008 B001701 A
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008 D011701 BOSTON
008 D021701 MA
008 D031701 02116
008 A001702 FOUNDERS ASSET MANAGEMENT, INC.
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008 C001703 801-54698
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008 D021703 MA
008 D031703 02210
015 A001701 STATE STREET BANK AND TRUST COMPANY
015 B001701 C
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015 C021701 MA
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<PAGE> PAGE 64
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<PAGE> PAGE 65
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<PAGE> PAGE 66
070 G011700 Y
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<PAGE> PAGE 67
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SIGNATURE CHRISTINA H. ROWNTREE
TITLE FUND ADMIN. MANAGER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 011
<NAME> EQUITY-INCOME FUND
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<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 012
<NAME> EQUITY-INCOME FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 013
<NAME> EQUITY-INCOME FUND
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<S> <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 022
<NAME> U.S. Government Securities Fund
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<SHARES-REINVESTED> 59099
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<ACCUMULATED-NII-PRIOR> -383354
<ACCUMULATED-GAINS-PRIOR> -2294981
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 567391
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1561245
<AVERAGE-NET-ASSETS> 94565112
PER-SHARE-NAV-BEGIN> 9.80
<PER-SHARE-NII> .54
<PER-SHARE-GAIN-APPREC> .11
<PER-SHARE-DIVIDEND> .51
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.94
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 023
<NAME> U.S. Government Securities Fund
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 126531993
<INVESTMENTS-AT-VALUE> 127290839
<RECEIVABLES> 7297714
<ASSETS-OTHER> 15803
<OTHER-ITEMS-ASSETS> 42275
<TOTAL-ASSETS> 134646631
<PAYABLE-FOR-SECURITIES> 30069659
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19966573
<TOTAL-LIABILITIES> 50036232
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 86257196
<SHARES-COMMON-STOCK> 1480550
SHARES-COMMON-PRIOR> 2041634
<ACCUMULATED-NII-CURRENT> -414108
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> -1991535
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 758846
<NET-ASSETS> 84610399
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7044577
<OTHER-INCOME> 0
<EXPENSES-NET> 1396128
<NET-INVESTMENT-INCOME> 5648449
<REALIZED-GAINS-CURRENT> -120702
<APPREC-INCREASE-CURRENT> 977025
<NET-CHANGE-FROM-OPS> 6504772
<EQUALIZATION> -90
<DISTRIBUTIONS-OF-INCOME> 811000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 447002
<NUMBER-OF-SHARES-REDEEMED> 1079330
<SHARES-REINVESTED> 71244
<NET-CHANGE-IN-ASSETS> -27616755
<ACCUMULATED-NII-PRIOR> -383354
<ACCUMULATED-GAINS-PRIOR> -2294981
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 567391
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1561245
<AVERAGE-NET-ASSETS> 94565112
PER-SHARE-NAV-BEGIN> 9.80
<PER-SHARE-NII> .54
<PER-SHARE-GAIN-APPREC> .11
<PER-SHARE-DIVIDEND> .51
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.94
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 031
<NAME> Money Market Fund
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 21911050
<INVESTMENTS-AT-VALUE> 21911050
<RECEIVABLES> 117623
<ASSETS-OTHER> 14151
<OTHER-ITEMS-ASSETS> 13175
<TOTAL-ASSETS> 22055999
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 128137
<TOTAL-LIABILITIES> 128137
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21927862
<SHARES-COMMON-STOCK> 11056985
SHARES-COMMON-PRIOR> 8086668
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 21927862
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1105794
<OTHER-INCOME> 0
<EXPENSES-NET> 100333
<NET-INVESTMENT-INCOME> 1005461
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1005461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 398539
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 22410945
<NUMBER-OF-SHARES-REDEEMED> 19800772
<SHARES-REINVESTED> 360144
<NET-CHANGE-IN-ASSETS> 938733
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40088
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 198650
<AVERAGE-NET-ASSETS> 21833267
PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> .00
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 032
<NAME> Money Market Fund
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 21911050
<INVESTMENTS-AT-VALUE> 21911050
<RECEIVABLES> 117623
<ASSETS-OTHER> 14151
<OTHER-ITEMS-ASSETS> 13175
<TOTAL-ASSETS> 22055999
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 128137
<TOTAL-LIABILITIES> 128137
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21927862
<SHARES-COMMON-STOCK> 3331454
SHARES-COMMON-PRIOR> 3062351
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 21927862
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1105794
<OTHER-INCOME> 0
<EXPENSES-NET> 100333
<NET-INVESTMENT-INCOME> 1005461
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1005461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 158672
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12033916
<NUMBER-OF-SHARES-REDEEMED> 11905013
<SHARES-REINVESTED> 140200
<NET-CHANGE-IN-ASSETS> 938733
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40088
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 198650
<AVERAGE-NET-ASSETS> 21833267
PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> .00
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summaryu financial information extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) Financial Statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 033
<NAME> Money Market Fund
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 21911050
<INVESTMENTS-AT-VALUE> 21911050
<RECEIVABLES> 117623
<ASSETS-OTHER> 14151
<OTHER-ITEMS-ASSETS> 13175
<TOTAL-ASSETS> 22055999
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 128137
<TOTAL-LIABILITIES> 128137
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21927862
<SHARES-COMMON-STOCK> 7539423
SHARES-COMMON-PRIOR> 9840110
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 21927862
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1105794
<OTHER-INCOME> 0
<EXPENSES-NET> 100333
<NET-INVESTMENT-INCOME> 1005461
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1005461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 448250
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 25707878
<NUMBER-OF-SHARES-REDEEMED> 28422359
<SHARES-REINVESTED> 413794
<NET-CHANGE-IN-ASSETS> 938733
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40088
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 198650
<AVERAGE-NET-ASSETS> 21833267
PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> .00
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .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 (A) North
American Funds Annual Report dated October 31, 1997.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 071
<NAME> GLOBAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 111961390
<INVESTMENTS-AT-VALUE> 129821366
<RECEIVABLES> 641907
<ASSETS-OTHER> 19552
<OTHER-ITEMS-ASSETS> 13119366
<TOTAL-ASSETS> 143602191
<PAYABLE-FOR-SECURITIES> 13496693
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6067043
<TOTAL-LIABILITIES> 19563736
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 98020702
<SHARES-COMMON-STOCK> 1897016
<SHARES-COMMON-PRIOR> 1788038
<ACCUMULATED-NII-CURRENT> (102559)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7780248
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18340064
<NET-ASSETS> 124038455
<DIVIDEND-INCOME> 2547754
<INTEREST-INCOME> 45108
<OTHER-INCOME> 0
<EXPENSES-NET> 2774761
<NET-INVESTMENT-INCOME> (181899)
<REALIZED-GAINS-CURRENT> 8524743
<APPREC-INCREASE-CURRENT> 19218860
<NET-CHANGE-FROM-OPS> 27561704
<EQUALIZATION> (134022)
<DISTRIBUTIONS-OF-INCOME> 89634
<DISTRIBUTIONS-OF-GAINS> 2895690
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 464254
<NUMBER-OF-SHARES-REDEEMED> 563696
<SHARES-REINVESTED> 208420
<NET-CHANGE-IN-ASSETS> 7623529
<ACCUMULATED-NII-PRIOR> (256903)
<ACCUMULATED-GAINS-PRIOR> 12643301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1106316
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2838348
<AVERAGE-NET-ASSETS> 122923972
<PER-SHARE-NAV-BEGIN> 14.50
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> 3.45
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 1.64
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.32
<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 (A) North
American Funds Annual Report dated October 31, 1997.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 072
<NAME> GLOBAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 111961390
<INVESTMENTS-AT-VALUE> 129821366
<RECEIVABLES> 641907
<ASSETS-OTHER> 19552
<OTHER-ITEMS-ASSETS> 13119366
<TOTAL-ASSETS> 143602191
<PAYABLE-FOR-SECURITIES> 13496693
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6067043
<TOTAL-LIABILITIES> 19563736
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 98020702
<SHARES-COMMON-STOCK> 1972553
<SHARES-COMMON-PRIOR> 1786687
<ACCUMULATED-NII-CURRENT> (102559)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7780248
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18340064
<NET-ASSETS> 124038455
<DIVIDEND-INCOME> 2547754
<INTEREST-INCOME> 45108
<OTHER-INCOME> 0
<EXPENSES-NET> 2774761
<NET-INVESTMENT-INCOME> (181899)
<REALIZED-GAINS-CURRENT> 8524743
<APPREC-INCREASE-CURRENT> 19218860
<NET-CHANGE-FROM-OPS> 27561704
<EQUALIZATION> (134022)
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 2872442
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 399551
<NUMBER-OF-SHARES-REDEEMED> 407472
<SHARES-REINVESTED> 193787
<NET-CHANGE-IN-ASSETS> 7623529
<ACCUMULATED-NII-PRIOR> (256903)
<ACCUMULATED-GAINS-PRIOR> 12643301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1106316
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2838348
<AVERAGE-NET-ASSETS> 122923972
<PER-SHARE-NAV-BEGIN> 14.36
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> 3.47
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> 1.64
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.14
<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 (A) North
American Funds Annual Report dated October 31, 1997.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 073
<NAME> GLOBAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 111961390
<INVESTMENTS-AT-VALUE> 129821366
<RECEIVABLES> 641907
<ASSETS-OTHER> 19552
<OTHER-ITEMS-ASSETS> 13119366
<TOTAL-ASSETS> 143602191
<PAYABLE-FOR-SECURITIES> 13496693
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6067043
<TOTAL-LIABILITIES> 19563736
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 98020702
<SHARES-COMMON-STOCK> 3782659
<SHARES-COMMON-PRIOR> 4500203
<ACCUMULATED-NII-CURRENT> (102559)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7780248
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18340064
<NET-ASSETS> 124038455
<DIVIDEND-INCOME> 2547754
<INTEREST-INCOME> 45108
<OTHER-INCOME> 0
<EXPENSES-NET> 2774761
<NET-INVESTMENT-INCOME> (181899)
<REALIZED-GAINS-CURRENT> 8524743
<APPREC-INCREASE-CURRENT> 19218860
<NET-CHANGE-FROM-OPS> 27561704
<EQUALIZATION> (134022)
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 7051972
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 473379
<NUMBER-OF-SHARES-REDEEMED> 1660187
<SHARES-REINVESTED> 469264
<NET-CHANGE-IN-ASSETS> 7623529
<ACCUMULATED-NII-PRIOR> (256903)
<ACCUMULATED-GAINS-PRIOR> 12643301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1106316
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2838348
<AVERAGE-NET-ASSETS> 122923972
<PER-SHARE-NAV-BEGIN> 14.41
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> 3.47
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> 1.64
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.19
<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 annual report dated October 31, 1997 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
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 21706164
<INVESTMENTS-AT-VALUE> 22114465
<RECEIVABLES> 825866
<ASSETS-OTHER> 8613
<OTHER-ITEMS-ASSETS> 274
<TOTAL-ASSETS> 22949218
<PAYABLE-FOR-SECURITIES> 444078
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4673555
<TOTAL-LIABILITIES> 5117633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17931985
<SHARES-COMMON-STOCK> 675704
<SHARES-COMMON-PRIOR> 875794
<ACCUMULATED-NII-CURRENT> 17719
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (526420)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 408301
<NET-ASSETS> 17831585
<DIVIDEND-INCOME> 194
<INTEREST-INCOME> 1480320
<OTHER-INCOME> 0
<EXPENSES-NET> 311330
<NET-INVESTMENT-INCOME> 1691184
<REALIZED-GAINS-CURRENT> 42588
<APPREC-INCREASE-CURRENT> 249233
<NET-CHANGE-FROM-OPS> 1461005
<EQUALIZATION> (2133)
<DISTRIBUTIONS-OF-INCOME> 506971
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 71210
<NUMBER-OF-SHARES-REDEEMED> 311082
<SHARES-REINVESTED> 39782
<NET-CHANGE-IN-ASSETS> (3445169)
<ACCUMULATED-NII-PRIOR> 24735
<ACCUMULATED-GAINS-PRIOR> (560604)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 113993
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 384894
<AVERAGE-NET-ASSETS> 18998875
<PER-SHARE-NAV-BEGIN> 10.34
<PER-SHARE-NII> .67
<PER-SHARE-GAIN-APPREC> .18
<PER-SHARE-DIVIDEND> .67
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.52
<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 annual report dated October 31, 1997 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
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 21706164
<INVESTMENTS-AT-VALUE> 22114465
<RECEIVABLES> 825866
<ASSETS-OTHER> 8613
<OTHER-ITEMS-ASSETS> 274
<TOTAL-ASSETS> 22949218
<PAYABLE-FOR-SECURITIES> 444078
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4673555
<TOTAL-LIABILITIES> 5117633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17931985
<SHARES-COMMON-STOCK> 438362
<SHARES-COMMON-PRIOR> 452815
<ACCUMULATED-NII-CURRENT> 17719
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (526420)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 408301
<NET-ASSETS> 17831585
<DIVIDEND-INCOME> 194
<INTEREST-INCOME> 1480320
<OTHER-INCOME> 0
<EXPENSES-NET> 311330
<NET-INVESTMENT-INCOME> 1691184
<REALIZED-GAINS-CURRENT> 42588
<APPREC-INCREASE-CURRENT> 249233
<NET-CHANGE-FROM-OPS> 1461005
<EQUALIZATION> (2133)
<DISTRIBUTIONS-OF-INCOME> 2001770
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 85547
<NUMBER-OF-SHARES-REDEEMED> 122683
<SHARES-REINVESTED> 22683
<NET-CHANGE-IN-ASSETS> (3445169)
<ACCUMULATED-NII-PRIOR> 24735
<ACCUMULATED-GAINS-PRIOR> (560604)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 113993
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 384894
<AVERAGE-NET-ASSETS> 18998875
<PER-SHARE-NAV-BEGIN> 10.33
<PER-SHARE-NII> .60
<PER-SHARE-GAIN-APPREC> .20
<PER-SHARE-DIVIDEND> .61
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.52
<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 annual report dated October 31, 1997 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
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 21706164
<INVESTMENTS-AT-VALUE> 22114465
<RECEIVABLES> 825866
<ASSETS-OTHER> 8613
<OTHER-ITEMS-ASSETS> 274
<TOTAL-ASSETS> 22949218
<PAYABLE-FOR-SECURITIES> 444078
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4673555
<TOTAL-LIABILITIES> 5117633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17931985
<SHARES-COMMON-STOCK> 580612
<SHARES-COMMON-PRIOR> 730094
<ACCUMULATED-NII-CURRENT> 17719
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (526420)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 408301
<NET-ASSETS> 17831585
<DIVIDEND-INCOME> 194
<INTEREST-INCOME> 1480320
<OTHER-INCOME> 0
<EXPENSES-NET> 311330
<NET-INVESTMENT-INCOME> 1691184
<REALIZED-GAINS-CURRENT> 42588
<APPREC-INCREASE-CURRENT> 249233
<NET-CHANGE-FROM-OPS> 1461005
<EQUALIZATION> (2133)
<DISTRIBUTIONS-OF-INCOME> 1367107
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 93047
<NUMBER-OF-SHARES-REDEEMED> 277224
<SHARES-REINVESTED> 34695
<NET-CHANGE-IN-ASSETS> (3445169)
<ACCUMULATED-NII-PRIOR> 24735
<ACCUMULATED-GAINS-PRIOR> (560604)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 113993
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 384894
<AVERAGE-NET-ASSETS> 18998875
<PER-SHARE-NAV-BEGIN> 10.33
<PER-SHARE-NII> .60
<PER-SHARE-GAIN-APPREC> .20
<PER-SHARE-DIVIDEND> .61
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.52
<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 ANNUAL REPORT DATED OCTOBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 091
<NAME> GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 141728057
<INVESTMENTS-AT-VALUE> 194530537
<RECEIVABLES> 1080897
<ASSETS-OTHER> 18853
<OTHER-ITEMS-ASSETS> 1634
<TOTAL-ASSETS> 195631921
<PAYABLE-FOR-SECURITIES> 365075
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7959393
<TOTAL-LIABILITIES> 8324468
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119356606
<SHARES-COMMON-STOCK> 1570268
<SHARES-COMMON-PRIOR> 1040832
<ACCUMULATED-NII-CURRENT> 169142
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14979443
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 52802262
<NET-ASSETS> 187307453
<DIVIDEND-INCOME> 3032120
<INTEREST-INCOME> 189855
<OTHER-INCOME> 0
<EXPENSES-NET> 3039807
<NET-INVESTMENT-INCOME> 182168
<REALIZED-GAINS-CURRENT> 15043177
<APPREC-INCREASE-CURRENT> 26450431
<NET-CHANGE-FROM-OPS> 41675776
<EQUALIZATION> 21811
<DISTRIBUTIONS-OF-INCOME> 176566
<DISTRIBUTIONS-OF-GAINS> 1114556
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 912261
<NUMBER-OF-SHARES-REDEEMED> 450673
<SHARES-REINVESTED> 67848
<NET-CHANGE-IN-ASSETS> 59470684
<ACCUMULATED-NII-PRIOR> 270481
<ACCUMULATED-GAINS-PRIOR> 7687354
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 784990
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2373298
<AVERAGE-NET-ASSETS> 161706890
<PER-SHARE-NAV-BEGIN> 17.56
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 5.26
<PER-SHARE-DIVIDEND> .15
<PER-SHARE-DISTRIBUTIONS> 1.04
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.77
<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 ANNUAL REPORT DATED OCTOBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 092
<NAME> GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 141728057
<INVESTMENTS-AT-VALUE> 194530537
<RECEIVABLES> 1080897
<ASSETS-OTHER> 18853
<OTHER-ITEMS-ASSETS> 1634
<TOTAL-ASSETS> 195631921
<PAYABLE-FOR-SECURITIES> 365075
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7959393
<TOTAL-LIABILITIES> 8324468
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119356606
<SHARES-COMMON-STOCK> 2532295
<SHARES-COMMON-PRIOR> 1985111
<ACCUMULATED-NII-CURRENT> 169142
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14979443
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 52802262
<NET-ASSETS> 187307453
<DIVIDEND-INCOME> 3032120
<INTEREST-INCOME> 189855
<OTHER-INCOME> 0
<EXPENSES-NET> 3039807
<NET-INVESTMENT-INCOME> 182168
<REALIZED-GAINS-CURRENT> 15043177
<APPREC-INCREASE-CURRENT> 26450431
<NET-CHANGE-FROM-OPS> 41675776
<EQUALIZATION> 21811
<DISTRIBUTIONS-OF-INCOME> 73496
<DISTRIBUTIONS-OF-GAINS> 2130500
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 787724
<NUMBER-OF-SHARES-REDEEMED> 356257
<SHARES-REINVESTED> 115717
<NET-CHANGE-IN-ASSETS> 59470684
<ACCUMULATED-NII-PRIOR> 270481
<ACCUMULATED-GAINS-PRIOR> 7687354
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 784990
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2373298
<AVERAGE-NET-ASSETS> 161706890
<PER-SHARE-NAV-BEGIN> 17.50
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 5.23
<PER-SHARE-DIVIDEND> .03
<PER-SHARE-DISTRIBUTIONS> 1.04
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.67
<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 ANNUAL REPORT DATED OCTOBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 093
<NAME> GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 141728057
<INVESTMENTS-AT-VALUE> 194530537
<RECEIVABLES> 1080897
<ASSETS-OTHER> 18853
<OTHER-ITEMS-ASSETS> 1634
<TOTAL-ASSETS> 195631921
<PAYABLE-FOR-SECURITIES> 365075
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7959393
<TOTAL-LIABILITIES> 8324468
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 119356606
<SHARES-COMMON-STOCK> 4517472
<SHARES-COMMON-PRIOR> 4261109
<ACCUMULATED-NII-CURRENT> 169142
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14979443
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 52802262
<NET-ASSETS> 187307453
<DIVIDEND-INCOME> 3032120
<INTEREST-INCOME> 189855
<OTHER-INCOME> 0
<EXPENSES-NET> 3039807
<NET-INVESTMENT-INCOME> 182168
<REALIZED-GAINS-CURRENT> 15043177
<APPREC-INCREASE-CURRENT> 26450431
<NET-CHANGE-FROM-OPS> 41675776
<EQUALIZATION> 21811
<DISTRIBUTIONS-OF-INCOME> 113514
<DISTRIBUTIONS-OF-GAINS> 4448214
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 882662
<NUMBER-OF-SHARES-REDEEMED> 871364
<SHARES-REINVESTED> 245065
<NET-CHANGE-IN-ASSETS> 59470684
<ACCUMULATED-NII-PRIOR> 270481
<ACCUMULATED-GAINS-PRIOR> 7687354
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 784990
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2373298
<AVERAGE-NET-ASSETS> 161706890
<PER-SHARE-NAV-BEGIN> 17.56
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 5.25
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<PER-SHARE-DISTRIBUTIONS> 1.04
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.75
<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 ANNUAL REPORT DATED OCTOBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 101
<NAME> BALANCED FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 98814982
<INVESTMENTS-AT-VALUE> 103496344
<RECEIVABLES> 3604199
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<TOTAL-ASSETS> 108486137
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4457588
<TOTAL-LIABILITIES> 10791417
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<PAID-IN-CAPITAL-COMMON> 75838674
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<ACCUM-APPREC-OR-DEPREC> 4681456
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<EXPENSES-NET> 1899572
<NET-INVESTMENT-INCOME> 2156616
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<APPREC-INCREASE-CURRENT> (2894052)
<NET-CHANGE-FROM-OPS> 14991464
<EQUALIZATION> (205430)
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<DISTRIBUTIONS-OF-GAINS> 1015169
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<NUMBER-OF-SHARES-SOLD> 234801
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<NET-CHANGE-IN-ASSETS> (2218749)
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<GROSS-EXPENSE> 2118538
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
AMERICAN FUNDS ANNUAL REPORT DATED OCTOBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 102
<NAME> BALANCED FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 98814982
<INVESTMENTS-AT-VALUE> 103496344
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
AMERICAN FUNDS ANNUAL REPORT DATED OCTOBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 103
<NAME> BALANCED FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
AMERICAN FUNDS ANNUAL REPORT DATED OCTOBER 31, 1997 AND IS QUALIFIED IN ITS
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NORTH
AMERICAN FUNDS ANNUAL REPORT DATED OCTOBER 31, 1997 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
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 30461289
<INVESTMENTS-AT-VALUE> 29421934
<RECEIVABLES> 1630066
<ASSETS-OTHER> 8209
<OTHER-ITEMS-ASSETS> 18052000
<TOTAL-ASSETS> 49112209
<PAYABLE-FOR-SECURITIES> 16968960
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2887894
<TOTAL-LIABILITIES> 19856854
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27811953
<SHARES-COMMON-STOCK> 786235
<SHARES-COMMON-PRIOR> 802784
<ACCUMULATED-NII-CURRENT> (50193)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2323494
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (829899)
<NET-ASSETS> 29255355
<DIVIDEND-INCOME> 498505
<INTEREST-INCOME> 348904
<OTHER-INCOME> 0
<EXPENSES-NET> 716032
<NET-INVESTMENT-INCOME> 131377
<REALIZED-GAINS-CURRENT> 2303144
<APPREC-INCREASE-CURRENT> (1541794)
<NET-CHANGE-FROM-OPS> 892727
<EQUALIZATION> (9971)
<DISTRIBUTIONS-OF-INCOME> 105721
<DISTRIBUTIONS-OF-GAINS> 616566
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 882662
<NUMBER-OF-SHARES-REDEEMED> 871364
<SHARES-REINVESTED> 245065
<NET-CHANGE-IN-ASSETS> 230201
<ACCUMULATED-NII-PRIOR> 263235
<ACCUMULATED-GAINS-PRIOR> 1939578
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 280663
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 765254
<AVERAGE-NET-ASSETS> 31184795
<PER-SHARE-NAV-BEGIN> 11.31
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> .31
<PER-SHARE-DIVIDEND> .13
<PER-SHARE-DISTRIBUTIONS> .76
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.76
<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 infromation extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 151
<NAME> SMALL/MID CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 34086789
<INVESTMENTS-AT-VALUE> 38155034
<RECEIVABLES> 694676
<ASSETS-OTHER> 9229
<OTHER-ITEMS-ASSETS> 968
<TOTAL-ASSETS> 38859907
<PAYABLE-FOR-SECURITIES> 1001989
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8414882
<TOTAL-LIABILITIES> 9416871
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24892847
<SHARES-COMMON-STOCK> 268833
<SHARES-COMMON-PRIOR> 234954
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 481944
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4068245
<NET-ASSETS> 29443036
<DIVIDEND-INCOME> 73423
<INTEREST-INCOME> 81421
<OTHER-INCOME> 0
<EXPENSES-NET> 521970
<NET-INVESTMENT-INCOME> (367126)
<REALIZED-GAINS-CURRENT> 1592142
<APPREC-INCREASE-CURRENT> 3472083
<NET-CHANGE-FROM-OPS> 4697099
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 195283
<NUMBER-OF-SHARES-REDEEMED> 161404
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 11576951
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (771607)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 217083
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 633205
<AVERAGE-NET-ASSETS> 23468382
<PER-SHARE-NAV-BEGIN> 12.62
<PER-SHARE-NII> (0.14)
<PER-SHARE-GAIN-APPREC> 3.03
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.51
<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 infromation extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 152
<NAME> SMALL/MID CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 34086789
<INVESTMENTS-AT-VALUE> 38155034
<RECEIVABLES> 694676
<ASSETS-OTHER> 9229
<OTHER-ITEMS-ASSETS> 968
<TOTAL-ASSETS> 38859907
<PAYABLE-FOR-SECURITIES> 1001989
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8414882
<TOTAL-LIABILITIES> 9416871
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24892847
<SHARES-COMMON-STOCK> 537569
<SHARES-COMMON-PRIOR> 529111
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 481944
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4068245
<NET-ASSETS> 29443036
<DIVIDEND-INCOME> 73423
<INTEREST-INCOME> 81421
<OTHER-INCOME> 0
<EXPENSES-NET> 521970
<NET-INVESTMENT-INCOME> (367126)
<REALIZED-GAINS-CURRENT> 1592142
<APPREC-INCREASE-CURRENT> 3472083
<NET-CHANGE-FROM-OPS> 4697099
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 399400
<NUMBER-OF-SHARES-REDEEMED> 158565
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 11576951
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (771607)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 217083
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 633205
<AVERAGE-NET-ASSETS> 23468382
<PER-SHARE-NAV-BEGIN> 12.58
<PER-SHARE-NII> (0.23)
<PER-SHARE-GAIN-APPREC> 2.98
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.33
<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 infromation extracted from (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 153
<NAME> SMALL/MID CAP FUND
<MULTIPLIER> 1
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 34086789
<INVESTMENTS-AT-VALUE> 38155034
<RECEIVABLES> 694676
<ASSETS-OTHER> 9229
<OTHER-ITEMS-ASSETS> 968
<TOTAL-ASSETS> 38859907
<PAYABLE-FOR-SECURITIES> 1001989
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8414882
<TOTAL-LIABILITIES> 9416871
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24892847
<SHARES-COMMON-STOCK> 512483
<SHARES-COMMON-PRIOR> 654464
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 481944
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4068245
<NET-ASSETS> 29443036
<DIVIDEND-INCOME> 73423
<INTEREST-INCOME> 81421
<OTHER-INCOME> 0
<EXPENSES-NET> 521970
<NET-INVESTMENT-INCOME> (367126)
<REALIZED-GAINS-CURRENT> 1592142
<APPREC-INCREASE-CURRENT> 3472083
<NET-CHANGE-FROM-OPS> 4697099
<EQUALIZATION> 0
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<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-SOLD> 742841
<NUMBER-OF-SHARES-REDEEMED> 519604
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 11576951
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (771607)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 217083
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 633205
<AVERAGE-NET-ASSETS> 23468382
<PER-SHARE-NAV-BEGIN> 12.59
<PER-SHARE-NII> (0.23)
<PER-SHARE-GAIN-APPREC> 2.99
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.35
<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 (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 161
<NAME> INTERNATIONAL SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 16499004
<INVESTMENTS-AT-VALUE> 17800980
<RECEIVABLES> 335578
<ASSETS-OTHER> 7574
<OTHER-ITEMS-ASSETS> 1257191
<TOTAL-ASSETS> 19065745
<PAYABLE-FOR-SECURITIES> 536392
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 910882
<TOTAL-LIABILITIES> 1477274
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16898496
<SHARES-COMMON-STOCK> 232650
<SHARES-COMMON-PRIOR> 157851
<ACCUMULATED-NII-CURRENT> 8330
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (587448)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1299093
<NET-ASSETS> 17618471
<DIVIDEND-INCOME> 133914
<INTEREST-INCOME> 153531
<OTHER-INCOME> 0
<EXPENSES-NET> 407940
<NET-INVESTMENT-INCOME> (120495)
<REALIZED-GAINS-CURRENT> (568550)
<APPREC-INCREASE-CURRENT> 939624
<NET-CHANGE-FROM-OPS> 250579
<EQUALIZATION> 1803
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 172223
<NUMBER-OF-SHARES-REDEEMED> 97424
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4913799
<ACCUMULATED-NII-PRIOR> 4522
<ACCUMULATED-GAINS-PRIOR> (58234)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 175637
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 481335
<AVERAGE-NET-ASSETS> 16727282
<PER-SHARE-NAV-BEGIN> 13.43
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> .46
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.86
<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 (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 162
<NAME> INTERNATIONAL SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 16499004
<INVESTMENTS-AT-VALUE> 17800980
<RECEIVABLES> 335578
<ASSETS-OTHER> 7574
<OTHER-ITEMS-ASSETS> 1257191
<TOTAL-ASSETS> 19065745
<PAYABLE-FOR-SECURITIES> 536392
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 910882
<TOTAL-LIABILITIES> 1477274
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16898496
<SHARES-COMMON-STOCK> 537569
<SHARES-COMMON-PRIOR> 378970
<ACCUMULATED-NII-CURRENT> 8330
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (587448)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1299093
<NET-ASSETS> 17618471
<DIVIDEND-INCOME> 133914
<INTEREST-INCOME> 153531
<OTHER-INCOME> 0
<EXPENSES-NET> 407940
<NET-INVESTMENT-INCOME> (120495)
<REALIZED-GAINS-CURRENT> (568550)
<APPREC-INCREASE-CURRENT> 939624
<NET-CHANGE-FROM-OPS> 250579
<EQUALIZATION> 1803
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 311497
<NUMBER-OF-SHARES-REDEEMED> 152898
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4913799
<ACCUMULATED-NII-PRIOR> 4522
<ACCUMULATED-GAINS-PRIOR> (58234)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 175637
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 481335
<AVERAGE-NET-ASSETS> 16727282
<PER-SHARE-NAV-BEGIN> 13.37
<PER-SHARE-NII> (0.11)
<PER-SHARE-GAIN-APPREC> .45
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.71
<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 (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 163
<NAME> INTERNATIONAL SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 16499004
<INVESTMENTS-AT-VALUE> 17800980
<RECEIVABLES> 335578
<ASSETS-OTHER> 7574
<OTHER-ITEMS-ASSETS> 1257191
<TOTAL-ASSETS> 19065745
<PAYABLE-FOR-SECURITIES> 536392
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 910882
<TOTAL-LIABILITIES> 1477274
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16898496
<SHARES-COMMON-STOCK> 512483
<SHARES-COMMON-PRIOR> 412466
<ACCUMULATED-NII-CURRENT> 8330
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (587448)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1299093
<NET-ASSETS> 17618471
<DIVIDEND-INCOME> 133914
<INTEREST-INCOME> 153531
<OTHER-INCOME> 0
<EXPENSES-NET> 407940
<NET-INVESTMENT-INCOME> (120495)
<REALIZED-GAINS-CURRENT> (568550)
<APPREC-INCREASE-CURRENT> 939624
<NET-CHANGE-FROM-OPS> 250579
<EQUALIZATION> 1803
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 287465
<NUMBER-OF-SHARES-REDEEMED> 187448
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4913799
<ACCUMULATED-NII-PRIOR> 4522
<ACCUMULATED-GAINS-PRIOR> (58234)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 175637
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 481335
<AVERAGE-NET-ASSETS> 16727282
<PER-SHARE-NAV-BEGIN> 13.37
<PER-SHARE-NII> (0.11)
<PER-SHARE-GAIN-APPREC> .45
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.71
<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 (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 171
<NAME> GROWTH EQUITY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 29549293
<INVESTMENTS-AT-VALUE> 31730170
<RECEIVABLES> 378945
<ASSETS-OTHER> 8584
<OTHER-ITEMS-ASSETS> 7540
<TOTAL-ASSETS> 32125239
<PAYABLE-FOR-SECURITIES> 478419
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6787483
<TOTAL-LIABILITIES> 7265902
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20463767
<SHARES-COMMON-STOCK> 179467
<SHARES-COMMON-PRIOR> 162826
<ACCUMULATED-NII-CURRENT> 87652
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2126767
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2181151
<NET-ASSETS> 24859337
<DIVIDEND-INCOME> 169373
<INTEREST-INCOME> 125017
<OTHER-INCOME> 0
<EXPENSES-NET> 439258
<NET-INVESTMENT-INCOME> (144868)
<REALIZED-GAINS-CURRENT> 2699130
<APPREC-INCREASE-CURRENT> 1477854
<NET-CHANGE-FROM-OPS> 4032116
<EQUALIZATION> 33219
<DISTRIBUTIONS-OF-INCOME> 33593
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 126280
<NUMBER-OF-SHARES-REDEEMED> 206586
<SHARES-REINVESTED> 35116
<NET-CHANGE-IN-ASSETS> 11373291
<ACCUMULATED-NII-PRIOR> 240392
<ACCUMULATED-GAINS-PRIOR> (426568)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 178839
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 535129
<AVERAGE-NET-ASSETS> 19871003
<PER-SHARE-NAV-BEGIN> 13.78
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 3.45
<PER-SHARE-DIVIDEND> .19
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.01
<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 (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 172
<NAME> GROWTH EQUITY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 29549293
<INVESTMENTS-AT-VALUE> 31730170
<RECEIVABLES> 378945
<ASSETS-OTHER> 8584
<OTHER-ITEMS-ASSETS> 7540
<TOTAL-ASSETS> 32125239
<PAYABLE-FOR-SECURITIES> 478419
<SENIOR-LONG-TERM-DEBT> 0
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<TOTAL-LIABILITIES> 7265902
<SENIOR-EQUITY> 0
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<SHARES-COMMON-PRIOR> 345868
<ACCUMULATED-NII-CURRENT> 87652
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2126767
<OVERDISTRIBUTION-GAINS> 0
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<INTEREST-INCOME> 125017
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<NET-INVESTMENT-INCOME> (144868)
<REALIZED-GAINS-CURRENT> 2699130
<APPREC-INCREASE-CURRENT> 1477854
<NET-CHANGE-FROM-OPS> 4032116
<EQUALIZATION> 33219
<DISTRIBUTIONS-OF-INCOME> 63216
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 494750
<NUMBER-OF-SHARES-REDEEMED> 259786
<SHARES-REINVESTED> 98555
<NET-CHANGE-IN-ASSETS> 11373291
<ACCUMULATED-NII-PRIOR> 240392
<ACCUMULATED-GAINS-PRIOR> (426568)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 178839
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 535129
<AVERAGE-NET-ASSETS> 19871003
<PER-SHARE-NAV-BEGIN> 13.73
<PER-SHARE-NII> (0.13)
<PER-SHARE-GAIN-APPREC> 3.46
<PER-SHARE-DIVIDEND> .16
<PER-SHARE-DISTRIBUTIONS> 0
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<PER-SHARE-NAV-END> 16.90
<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 (A) North
American Funds Annual Report dated October 31, 1997, and is qualified in its
entirety by reference to such (B) financial statements.
</LEGEND>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUNDS
<SERIES>
<NUMBER> 173
<NAME> GROWTH EQUITY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 29549293
<INVESTMENTS-AT-VALUE> 31730170
<RECEIVABLES> 378945
<ASSETS-OTHER> 8584
<OTHER-ITEMS-ASSETS> 7540
<TOTAL-ASSETS> 32125239
<PAYABLE-FOR-SECURITIES> 478419
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<OTHER-ITEMS-LIABILITIES> 6787483
<TOTAL-LIABILITIES> 7265902
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<SHARES-COMMON-STOCK> 755894
<SHARES-COMMON-PRIOR> 472932
<ACCUMULATED-NII-CURRENT> 87652
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2126767
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2181151
<NET-ASSETS> 24859337
<DIVIDEND-INCOME> 169373
<INTEREST-INCOME> 125017
<OTHER-INCOME> 0
<EXPENSES-NET> 439258
<NET-INVESTMENT-INCOME> (144868)
<REALIZED-GAINS-CURRENT> 2699130
<APPREC-INCREASE-CURRENT> 1477854
<NET-CHANGE-FROM-OPS> 4032116
<EQUALIZATION> 33219
<DISTRIBUTIONS-OF-INCOME> 90077
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 521137
<NUMBER-OF-SHARES-REDEEMED> 304781
<SHARES-REINVESTED> 61067
<NET-CHANGE-IN-ASSETS> 11373291
<ACCUMULATED-NII-PRIOR> 240392
<ACCUMULATED-GAINS-PRIOR> (426568)
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<GROSS-EXPENSE> 535129
<AVERAGE-NET-ASSETS> 19871003
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<PER-SHARE-NII> (0.13)
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<PER-SHARE-DIVIDEND> .17
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<PER-SHARE-NAV-END> 16.89
<EXPENSE-RATIO> 2.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
