<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from Great Hall
Investment Funds Inc.'s July 31, 2000 annual report and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> GREAT HALL U.S. GOVERNMENT MONEY MARKET FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 265,549
<INVESTMENTS-AT-VALUE> 265,549
<RECEIVABLES> 1,592
<ASSETS-OTHER> 53
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 267,194
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 233
<TOTAL-LIABILITIES> 233
<SENIOR-EQUITY> 2,670
<PAID-IN-CAPITAL-COMMON> 264,292
<SHARES-COMMON-STOCK> 266,961
<SHARES-COMMON-PRIOR> 271,376
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 266,961
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 16,189
<OTHER-INCOME> 0
<EXPENSES-NET> (1,585)
<NET-INVESTMENT-INCOME> 14,604
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 14,604
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14,604)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 234,352
<NUMBER-OF-SHARES-REDEEMED> (253,371)
<SHARES-REINVESTED> 14,604
<NET-CHANGE-IN-ASSETS> (4,415)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,219)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,585)
<AVERAGE-NET-ASSETS> 278,803
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.57
</TABLE>
