<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000879858
<NAME> HILLIARD LYONS GROWTH FUND
<SERIES>
<NUMBER> 2
<NAME> CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 50,023,852
<INVESTMENTS-AT-VALUE> 81,711,703
<RECEIVABLES> 163,907
<ASSETS-OTHER> 12,834
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 81,888,444
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 399,273
<TOTAL-LIABILITIES> 399,273
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10,913,192
<SHARES-COMMON-STOCK> 336
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (45,084)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (81,991)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 699,441
<NET-ASSETS> 11,119,369
<DIVIDEND-INCOME> 56,788
<INTEREST-INCOME> 18,444
<OTHER-INCOME> 0
<EXPENSES-NET> 120,317
<NET-INVESTMENT-INCOME> (45,085)
<REALIZED-GAINS-CURRENT> (81,991)
<APPREC-INCREASE-CURRENT> (88,960)
<NET-CHANGE-FROM-OPS> (216,036)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 555,397
<NUMBER-OF-SHARES-REDEEMED> 2,572,739
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2,017,342
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 72,444
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46,965
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 139,274
<AVERAGE-NET-ASSETS> 11,802,747
<PER-SHARE-NAV-BEGIN> 33.38
<PER-SHARE-NII> (.13)
<PER-SHARE-GAIN-APPREC> (.14)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 33.11
<EXPENSE-RATIO> .021
</TABLE>
