<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> EQUITY FUND - INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 31,491,921
<INVESTMENTS-AT-VALUE> 39,177,500
<RECEIVABLES> 1,567,737
<ASSETS-OTHER> 4,053
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 40,749,290
<PAYABLE-FOR-SECURITIES> 2,270,187
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 143,529
<TOTAL-LIABILITIES> 2,413,716
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,980,167
<SHARES-COMMON-STOCK> 43,623
<SHARES-COMMON-PRIOR> 31,191
<ACCUMULATED-NII-CURRENT> 133,626
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,536,202
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,685,579
<NET-ASSETS> 852,918
<DIVIDEND-INCOME> 341,576
<INTEREST-INCOME> 147,062
<OTHER-INCOME> 0
<EXPENSES-NET> 261,699
<NET-INVESTMENT-INCOME> 36,867
<REALIZED-GAINS-CURRENT> 4,634,479
<APPREC-INCREASE-CURRENT> (577,646)
<NET-CHANGE-FROM-OPS> 4,093,700
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (82)
<DISTRIBUTIONS-OF-GAINS> (1,422)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 268,283
<NUMBER-OF-SHARES-REDEEMED> (54,429)
<SHARES-REINVESTED> 774
<NET-CHANGE-IN-ASSETS> 2,095,930
<ACCUMULATED-NII-PRIOR> 6,121
<ACCUMULATED-GAINS-PRIOR> (25,232)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 193,030
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 261,699
<AVERAGE-NET-ASSETS> 727,372
<PER-SHARE-NAV-BEGIN> 17.52
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 1.96
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.55
<EXPENSE-RATIO> 1.34
</TABLE>
