<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000879858
<NAME> HILLIARD LYONS GROWTH FUND
<SERIES>
<NUMBER> 1
<NAME> CLASS A
<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> 39,574,038
<SHARES-COMMON-STOCK> 2,097
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 298
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (555,972)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 30,988,409
<NET-ASSETS> 70,369,802
<DIVIDEND-INCOME> 361,936
<INTEREST-INCOME> 118,629
<OTHER-INCOME> 0
<EXPENSES-NET> 480,267
<NET-INVESTMENT-INCOME> 298
<REALIZED-GAINS-CURRENT> (555,972)
<APPREC-INCREASE-CURRENT> (640,103)
<NET-CHANGE-FROM-OPS> (1,195,777)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,683,903
<NUMBER-OF-SHARES-REDEEMED> 19,401,212
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 15,717,309
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 769,784
<OVERDISTRIB-NII-PRIOR> 6,647
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 299,804
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 483,144
<AVERAGE-NET-ASSETS> 75,365,721
<PER-SHARE-NAV-BEGIN> 33.71
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> (.16)
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 33.55
<EXPENSE-RATIO> .013
</TABLE>
