[ARTICLE] 6
[CIK] 0000884462
[NAME] CALIFORNIA NETWORK HEALTH FINANCIAL SERVICES
[SERIES]
[NUMBER] 1
[NAME] CALIFORNIA NETWORK HEALTH FINANCIAL SERVICES LIQUID ASSET FU
[MULTIPLIER] 1
[CURRENCY] USD
<TABLE>
<S> <C>
[PERIOD-TYPE] 12-MOS
[FISCAL-YEAR-END] DEC-31-1997
[PERIOD-START] JAN-1-1997
[PERIOD-END] DEC-31-1997
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 42826503
[INVESTMENTS-AT-VALUE] 42826503
[RECEIVABLES] 514318
[ASSETS-OTHER] 18701
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 43359522
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 531037
[TOTAL-LIABILITIES] 531037
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 0
[SHARES-COMMON-STOCK] 42828485
[SHARES-COMMON-PRIOR] 40084868
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 42828485
[DIVIDEND-INCOME] 0000000
[INTEREST-INCOME] 2346353
[OTHER-INCOME] 0
[EXPENSES-NET] 332379
[NET-INVESTMENT-INCOME] 2013974
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 2013974
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (2013974)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 398472454
[NUMBER-OF-SHARES-REDEEMED] (397742811)
[SHARES-REINVESTED] 2013974
[NET-CHANGE-IN-ASSETS] 2743617
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 167367
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 332379
[AVERAGE-NET-ASSETS] 41828907
[PER-SHARE-NAV-BEGIN] 1
[PER-SHARE-NII] .048
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] .048
[PER-SHARE-DISTRIBUTIONS] (0.48)
[RETURNS-OF-CAPITAL] 0
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[EXPENSE-RATIO] .008
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
