<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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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 16
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SIGNATURE PETER F. WAITNEIGHT
TITLE PRESIDENT
<TABLE> <S> <C>
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<SERIES>
<NUMBER> 1
<NAME> Quaker Core Equity Fund
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</TABLE>
<TABLE> <S> <C>
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<SERIES>
<NUMBER> 2
<NAME> Quaker Aggressive Growth Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
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<ACCUMULATED-NII-CURRENT> 40,390
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 746,313
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,617,410
<NET-ASSETS> 8,150,700
<DIVIDEND-INCOME> 1,654
<INTEREST-INCOME> 68,723
<OTHER-INCOME> 0
<EXPENSES-NET> 37,469
<NET-INVESTMENT-INCOME> 32,908
<REALIZED-GAINS-CURRENT> 1,325,886
<APPREC-INCREASE-CURRENT> 1,123,434
<NET-CHANGE-FROM-OPS> 2,482,228
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 22,518
<DISTRIBUTIONS-OF-GAINS> 583,162
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 161,834
<NUMBER-OF-SHARES-REDEEMED> 49,174
<SHARES-REINVESTED> 31,314
<NET-CHANGE-IN-ASSETS> 4,285,768
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 3,588
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21,004
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 53,585
<AVERAGE-NET-ASSETS> 5,596,268
<PER-SHARE-NAV-BEGIN> 14.10
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 6.90
<PER-SHARE-DIVIDEND> 0.06
<PER-SHARE-DISTRIBUTIONS> 1.52
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.50
<EXPENSE-RATIO> 1.92
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> Quaker Large Cap Value Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 8,926,058
<INVESTMENTS-AT-VALUE> 9,285,286
<RECEIVABLES> 12,124
<ASSETS-OTHER> 23,652
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9,321,062
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 52,974
<TOTAL-LIABILITIES> 52,974
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,115,412
<SHARES-COMMON-STOCK> 759,993
<SHARES-COMMON-PRIOR> 733,867
<ACCUMULATED-NII-CURRENT> 3,377
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (209,929)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 359,228
<NET-ASSETS> 9,268,088
<DIVIDEND-INCOME> 63,508
<INTEREST-INCOME> 11,139
<OTHER-INCOME> 0
<EXPENSES-NET> 63,683
<NET-INVESTMENT-INCOME> 10,964
<REALIZED-GAINS-CURRENT> (143,370)
<APPREC-INCREASE-CURRENT> (608,220)
<NET-CHANGE-FROM-OPS> (740,626)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 11,115
<DISTRIBUTIONS-OF-GAINS> 44,096
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 141,274
<NUMBER-OF-SHARES-REDEEMED> 121,060
<SHARES-REINVESTED> 5,912
<NET-CHANGE-IN-ASSETS> (474,060)
<ACCUMULATED-NII-PRIOR> 3,529
<ACCUMULATED-GAINS-PRIOR> (22,462)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 35,361
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 77,329
<AVERAGE-NET-ASSETS> 9,369,612
<PER-SHARE-NAV-BEGIN> 13.28
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> (1.03)
<PER-SHARE-DIVIDEND> 0.01
<PER-SHARE-DISTRIBUTIONS> 0.06
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.19
<EXPENSE-RATIO> 1.64
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> Quaker Mid Cap Value Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 9,485,163
<INVESTMENTS-AT-VALUE> 9,401,827
<RECEIVABLES> 112,319
<ASSETS-OTHER> 24,003
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9,538,149
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,111
<TOTAL-LIABILITIES> 3,111
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,466,575
<SHARES-COMMON-STOCK> 926,883
<SHARES-COMMON-PRIOR> 1,104,943
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 11,139
<ACCUMULATED-NET-GAINS> 162,938
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (83,336)
<NET-ASSETS> 9,535,038
<DIVIDEND-INCOME> 53,740
<INTEREST-INCOME> 7,489
<OTHER-INCOME> 0
<EXPENSES-NET> 72,368
<NET-INVESTMENT-INCOME> (11,139)
<REALIZED-GAINS-CURRENT> 162,857
<APPREC-INCREASE-CURRENT> (994,370)
<NET-CHANGE-FROM-OPS> (842,652)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 142,894
<NUMBER-OF-SHARES-REDEEMED> 320,954
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (842,652)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 81
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40,190
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 90,006
<AVERAGE-NET-ASSETS> 10,644,432
<PER-SHARE-NAV-BEGIN> 11.00
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0.70
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.29
<EXPENSE-RATIO> 1.68
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> Quaker Small Cap Value Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 11,251,394
<INVESTMENTS-AT-VALUE> 12,163,627
<RECEIVABLES> 116,100
<ASSETS-OTHER> 26,927
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12,306,654
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26,675
<TOTAL-LIABILITIES> 26,675
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,259,577
<SHARES-COMMON-STOCK> 987,906
<SHARES-COMMON-PRIOR> 1,016,524
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 13,143
<ACCUMULATED-NET-GAINS> 121,312
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 912,233
<NET-ASSETS> 12,279,979
<DIVIDEND-INCOME> 62,831
<INTEREST-INCOME> 3,740
<OTHER-INCOME> 0
<EXPENSES-NET> 79,714
<NET-INVESTMENT-INCOME> (13,143)
<REALIZED-GAINS-CURRENT> 363,558
<APPREC-INCREASE-CURRENT> 538,583
<NET-CHANGE-FROM-OPS> 84,832
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 388,757
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 116,455
<NUMBER-OF-SHARES-REDEEMED> 183,619
<SHARES-REINVESTED> 29,546
<NET-CHANGE-IN-ASSETS> (740,496)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (126,489)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 43,819
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 98,434
<AVERAGE-NET-ASSETS> 12,204,125
<PER-SHARE-NAV-BEGIN> 12.81
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.11
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.41
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.54
<EXPENSE-RATIO> 1.60
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> Quaker Fixed Income Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 6,823,001
<INVESTMENTS-AT-VALUE> 6,639,719
<RECEIVABLES> 77,939
<ASSETS-OTHER> 24,588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6,742,246
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 141,687
<TOTAL-LIABILITIES> 141,687
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,003,515
<SHARES-COMMON-STOCK> 670,408
<SHARES-COMMON-PRIOR> 757,468
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (219,674)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (183,282)
<NET-ASSETS> 660,559
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 204,978
<OTHER-INCOME> 0
<EXPENSES-NET> 31,749
<NET-INVESTMENT-INCOME> 173,229
<REALIZED-GAINS-CURRENT> (219,674)
<APPREC-INCREASE-CURRENT> 15,098
<NET-CHANGE-FROM-OPS> (31,347)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 173,229
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 54,217
<NUMBER-OF-SHARES-REDEEMED> 161,742
<SHARES-REINVESTED> 17,165
<NET-CHANGE-IN-ASSETS> (1,074,859)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15,861
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 49,737
<AVERAGE-NET-ASSETS> 7,006,358
<PER-SHARE-NAV-BEGIN> 10.13
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> (0.28)
<PER-SHARE-DIVIDEND> 0.25
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.85
<EXPENSE-RATIO> 1.41
</TABLE>
