WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the fund's
Semi-Annual Financial Statements and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<RESTATED>
<CIK> 0000848103
<NAME> NORTH AMERICAN FUND
<SERIES>
<NUMBER> 011
<NAME> EQUITY-INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 66304456
<INVESTMENTS-AT-VALUE> 68234433
<RECEIVABLES> 1137598
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 4347700
<TOTAL-ASSETS> 73719731
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4826736
<TOTAL-LIABILITIES> 4826736
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 73618418
<SHARES-COMMON-STOCK> 761835
<SHARES-COMMON-PRIOR> 827331
<ACCUMULATED-NII-CURRENT> 100384
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6755784)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1929977
<NET-ASSETS> 68892995
<DIVIDEND-INCOME> 1125089
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 901099
<NET-INVESTMENT-INCOME> 223990
<REALIZED-GAINS-CURRENT> (6745602)
<APPREC-INCREASE-CURRENT> (5769473)
<NET-CHANGE-FROM-OPS> (12291085)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 155859
<DISTRIBUTIONS-OF-GAINS> 2819627
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 100423
<NUMBER-OF-SHARES-REDEEMED> 395534
<SHARES-REINVESTED> 229615
<NET-CHANGE-IN-ASSETS> (46956228)
<ACCUMULATED-NII-PRIOR> 509106
<ACCUMULATED-GAINS-PRIOR> 21841836
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 316626
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1034709
<AVERAGE-NET-ASSETS> 89594013
<PER-SHARE-NAV-BEGIN> 16.91
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> (1.79)
<PER-SHARE-DIVIDEND> 0.19
<PER-SHARE-DISTRIBUTIONS> 3.37
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.63
<EXPENSE-RATIO> 1.45
</TABLE>
