ARK FUNDS/MA
NSAR-A, 1997-12-30
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<PAGE>      PAGE  1
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<PAGE>      PAGE  11
SIGNATURE   STEVE MEYER                                  
TITLE       CONTROLLER          
 


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<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           147423
<INVESTMENTS-AT-VALUE>                          147423
<RECEIVABLES>                                     4600
<ASSETS-OTHER>                                    1175
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  153198
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          494
<TOTAL-LIABILITIES>                                494
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        152696
<SHARES-COMMON-STOCK>                            20549
<SHARES-COMMON-PRIOR>                            16728
<ACCUMULATED-NII-CURRENT>                            8
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    152704
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2667
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (253)
<NET-INVESTMENT-INCOME>                           2414
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                             2414
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (335)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          38460
<NUMBER-OF-SHARES-REDEEMED>                    (34639)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            3822
<ACCUMULATED-NII-PRIOR>                              7
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              178
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    379
<AVERAGE-NET-ASSETS>                            140787
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .020
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                            (.020)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .39
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
   <NUMBER> 050
   <NAME> ARK INCOME INST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           277374
<INVESTMENTS-AT-VALUE>                          284384
<RECEIVABLES>                                    26221
<ASSETS-OTHER>                                    1144
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  311749
<PAYABLE-FOR-SECURITIES>                         40656
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2013
<TOTAL-LIABILITIES>                              42669
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        263709
<SHARES-COMMON-STOCK>                            25828
<SHARES-COMMON-PRIOR>                            24738
<ACCUMULATED-NII-CURRENT>                            8
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        (1647)
<ACCUM-APPREC-OR-DEPREC>                          7010
<NET-ASSETS>                                    269080
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 8967
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (904)
<NET-INVESTMENT-INCOME>                           8063
<REALIZED-GAINS-CURRENT>                          2261
<APPREC-INCREASE-CURRENT>                         7228
<NET-CHANGE-FROM-OPS>                            17552
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (7918)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           2993
<NUMBER-OF-SHARES-REDEEMED>                     (2404)
<SHARES-REINVESTED>                                501
<NET-CHANGE-IN-ASSETS>                           20418
<ACCUMULATED-NII-PRIOR>                              8
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (3908)
<GROSS-ADVISORY-FEES>                              654
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    909
<AVERAGE-NET-ASSETS>                            259623
<PER-SHARE-NAV-BEGIN>                             9.82
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                            .38
<PER-SHARE-DIVIDEND>                             (.31)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.20
<EXPENSE-RATIO>                                    .69
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
   <NUMBER> 051
   <NAME> ARK INCOME RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           277374
<INVESTMENTS-AT-VALUE>                          284384
<RECEIVABLES>                                    26221
<ASSETS-OTHER>                                    1144
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  311749
<PAYABLE-FOR-SECURITIES>                         40656
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2013
<TOTAL-LIABILITIES>                              42669
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        263709
<SHARES-COMMON-STOCK>                              552
<SHARES-COMMON-PRIOR>                              413
<ACCUMULATED-NII-CURRENT>                            8
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        (1647)
<ACCUM-APPREC-OR-DEPREC>                          7010
<NET-ASSETS>                                    269080
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 8967
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (904)
<NET-INVESTMENT-INCOME>                           8063
<REALIZED-GAINS-CURRENT>                          2261
<APPREC-INCREASE-CURRENT>                         7228
<NET-CHANGE-FROM-OPS>                            17552
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (145)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            191
<NUMBER-OF-SHARES-REDEEMED>                       (66)
<SHARES-REINVESTED>                                 14
<NET-CHANGE-IN-ASSETS>                            1594
<ACCUMULATED-NII-PRIOR>                              8
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (3908)
<GROSS-ADVISORY-FEES>                              654
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    909
<AVERAGE-NET-ASSETS>                            259623
<PER-SHARE-NAV-BEGIN>                             9.94
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                            .38
<PER-SHARE-DIVIDEND>                             (.30)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.32
<EXPENSE-RATIO>                                    .94
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
   <NUMBER> 060
   <NAME> ARL BALANCED INST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            76945
<INVESTMENTS-AT-VALUE>                           90654
<RECEIVABLES>                                     1268
<ASSETS-OTHER>                                     676
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   92598
<PAYABLE-FOR-SECURITIES>                           294
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          506
<TOTAL-LIABILITIES>                                800
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         68587
<SHARES-COMMON-STOCK>                             6265
<SHARES-COMMON-PRIOR>                             6734
<ACCUMULATED-NII-CURRENT>                          200
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           9302
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         13709
<NET-ASSETS>                                     91798
<DIVIDEND-INCOME>                                  290
<INTEREST-INCOME>                                 1129
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (341)
<NET-INVESTMENT-INCOME>                           1078
<REALIZED-GAINS-CURRENT>                          5523
<APPREC-INCREASE-CURRENT>                         5314
<NET-CHANGE-FROM-OPS>                            11915
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (993)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            422
<NUMBER-OF-SHARES-REDEEMED>                      (966)
<SHARES-REINVESTED>                                 74
<NET-CHANGE-IN-ASSETS>                            4295
<ACCUMULATED-NII-PRIOR>                            208
<ACCUMULATED-GAINS-PRIOR>                         3779
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              244
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    353
<AVERAGE-NET-ASSETS>                             88180
<PER-SHARE-NAV-BEGIN>                            11.43
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                           1.54
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.97
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
   <NUMBER> 061
   <NAME> ARK BALANCED RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            76945
<INVESTMENTS-AT-VALUE>                           90654
<RECEIVABLES>                                     1268
<ASSETS-OTHER>                                     676
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   92598
<PAYABLE-FOR-SECURITIES>                           294
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          506
<TOTAL-LIABILITIES>                                800
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         68587
<SHARES-COMMON-STOCK>                              813
<SHARES-COMMON-PRIOR>                              540
<ACCUMULATED-NII-CURRENT>                          200
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           9302
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         13709
<NET-ASSETS>                                     91798
<DIVIDEND-INCOME>                                  290
<INTEREST-INCOME>                                 1129
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (341)
<NET-INVESTMENT-INCOME>                           1078
<REALIZED-GAINS-CURRENT>                          5523
<APPREC-INCREASE-CURRENT>                         5314
<NET-CHANGE-FROM-OPS>                            11915
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (93)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            361
<NUMBER-OF-SHARES-REDEEMED>                       (95)
<SHARES-REINVESTED>                                  7
<NET-CHANGE-IN-ASSETS>                            4352
<ACCUMULATED-NII-PRIOR>                            208
<ACCUMULATED-GAINS-PRIOR>                         3779
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              244
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    353
<AVERAGE-NET-ASSETS>                             88180
<PER-SHARE-NAV-BEGIN>                            11.40
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           1.55
<PER-SHARE-DIVIDEND>                             (.14)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.94
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 070
   <NAME> CAPITAL GROWTH INSTITUTIONAL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            37273
<INVESTMENTS-AT-VALUE>                           45111
<RECEIVABLES>                                      742
<ASSETS-OTHER>                                     257
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   46110
<PAYABLE-FOR-SECURITIES>                          1360
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          436
<TOTAL-LIABILITIES>                               1796
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         29557
<SHARES-COMMON-STOCK>                             2359
<SHARES-COMMON-PRIOR>                             2867
<ACCUMULATED-NII-CURRENT>                          109
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           6810
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7838
<NET-ASSETS>                                     44314
<DIVIDEND-INCOME>                                  191
<INTEREST-INCOME>                                   27
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (197)
<NET-INVESTMENT-INCOME>                             21
<REALIZED-GAINS-CURRENT>                          4105
<APPREC-INCREASE-CURRENT>                         4062
<NET-CHANGE-FROM-OPS>                             8188
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            154
<NUMBER-OF-SHARES-REDEEMED>                      (662)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            (16)
<ACCUMULATED-NII-PRIOR>                             88
<ACCUMULATED-GAINS-PRIOR>                         2705
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              134
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    209
<AVERAGE-NET-ASSETS>                             45182
<PER-SHARE-NAV-BEGIN>                            11.92
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                           2.55
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.48
<EXPENSE-RATIO>                                    .84
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 071
   <NAME> CAPITAL GROWTH RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            37273
<INVESTMENTS-AT-VALUE>                           45111
<RECEIVABLES>                                      742
<ASSETS-OTHER>                                     257
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   46110
<PAYABLE-FOR-SECURITIES>                          1360
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          436
<TOTAL-LIABILITIES>                               1796
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         29557
<SHARES-COMMON-STOCK>                              705
<SHARES-COMMON-PRIOR>                              471
<ACCUMULATED-NII-CURRENT>                          109
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           6810
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7838
<NET-ASSETS>                                     44314
<DIVIDEND-INCOME>                                  191
<INTEREST-INCOME>                                   27
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (197)
<NET-INVESTMENT-INCOME>                             21
<REALIZED-GAINS-CURRENT>                          4105
<APPREC-INCREASE-CURRENT>                         4062
<NET-CHANGE-FROM-OPS>                             8188
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            281
<NUMBER-OF-SHARES-REDEEMED>                       (47)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            4565
<ACCUMULATED-NII-PRIOR>                             88
<ACCUMULATED-GAINS-PRIOR>                         2705
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              134
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    209
<AVERAGE-NET-ASSETS>                             45182
<PER-SHARE-NAV-BEGIN>                            11.87
<PER-SHARE-NII>                                  (.01)
<PER-SHARE-GAIN-APPREC>                           2.55
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.41
<EXPENSE-RATIO>                                   1.09
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 090
   <NAME> SPECIAL EQUITY INSTITUTIONAL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            24301
<INVESTMENTS-AT-VALUE>                           24395
<RECEIVABLES>                                      308
<ASSETS-OTHER>                                      53
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   24756
<PAYABLE-FOR-SECURITIES>                          1146
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           22
<TOTAL-LIABILITIES>                               1168
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         22109
<SHARES-COMMON-STOCK>                             2018
<SHARES-COMMON-PRIOR>                             2079
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            (71)
<ACCUMULATED-NET-GAINS>                           1456
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            94
<NET-ASSETS>                                     23588
<DIVIDEND-INCOME>                                   35
<INTEREST-INCOME>                                   14
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (120)
<NET-INVESTMENT-INCOME>                           (71)
<REALIZED-GAINS-CURRENT>                          3736
<APPREC-INCREASE-CURRENT>                         1458
<NET-CHANGE-FROM-OPS>                             5123
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            179
<NUMBER-OF-SHARES-REDEEMED>                      (240)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            4219
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (2280)
<GROSS-ADVISORY-FEES>                               70
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    122
<AVERAGE-NET-ASSETS>                             23176
<PER-SHARE-NAV-BEGIN>                             8.53
<PER-SHARE-NII>                                  (.03)
<PER-SHARE-GAIN-APPREC>                           2.38
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.88
<EXPENSE-RATIO>                                   1.01
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 091
   <NAME> SPECIAL EQUITY RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            24301
<INVESTMENTS-AT-VALUE>                           24395
<RECEIVABLES>                                      308
<ASSETS-OTHER>                                      53
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   24756
<PAYABLE-FOR-SECURITIES>                          1146
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           22
<TOTAL-LIABILITIES>                               1168
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         22109
<SHARES-COMMON-STOCK>                              149
<SHARES-COMMON-PRIOR>                              126
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            (71)
<ACCUMULATED-NET-GAINS>                           1456
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            94
<NET-ASSETS>                                     23588
<DIVIDEND-INCOME>                                   35
<INTEREST-INCOME>                                   14
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (120)
<NET-INVESTMENT-INCOME>                           (71)
<REALIZED-GAINS-CURRENT>                          3736
<APPREC-INCREASE-CURRENT>                         1458
<NET-CHANGE-FROM-OPS>                             5123
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             39
<NUMBER-OF-SHARES-REDEEMED>                       (16)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                             548
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (2280)
<GROSS-ADVISORY-FEES>                               70
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    122
<AVERAGE-NET-ASSETS>                             23176
<PER-SHARE-NAV-BEGIN>                             8.53
<PER-SHARE-NII>                                  (.04)
<PER-SHARE-GAIN-APPREC>                           2.37
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.86
<EXPENSE-RATIO>                                   1.26
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 100
   <NAME> SHORT TERM TREASURY INSTITUTIONAL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            39851
<INVESTMENTS-AT-VALUE>                           40028
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     769
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   40797
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          502
<TOTAL-LIABILITIES>                                502
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         40110
<SHARES-COMMON-STOCK>                             2305
<SHARES-COMMON-PRIOR>                             2164
<ACCUMULATED-NII-CURRENT>                            1
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              7
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           177
<NET-ASSETS>                                     40295
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1241
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (139)
<NET-INVESTMENT-INCOME>                           1102
<REALIZED-GAINS-CURRENT>                            20
<APPREC-INCREASE-CURRENT>                          376
<NET-CHANGE-FROM-OPS>                             1498
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (605)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            182
<NUMBER-OF-SHARES-REDEEMED>                       (41)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            1613
<ACCUMULATED-NII-PRIOR>                              1
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        (13)
<GROSS-ADVISORY-FEES>                               75
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    163
<AVERAGE-NET-ASSETS>                             42396
<PER-SHARE-NAV-BEGIN>                             9.96
<PER-SHARE-NII>                                    .27
<PER-SHARE-GAIN-APPREC>                            .10
<PER-SHARE-DIVIDEND>                             (.27)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.06
<EXPENSE-RATIO>                                    .53
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 101
   <NAME> SHORT TERM TREASURY RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            39851
<INVESTMENTS-AT-VALUE>                           40028
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     769
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   40797
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          502
<TOTAL-LIABILITIES>                                502
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         40110
<SHARES-COMMON-STOCK>                             1703
<SHARES-COMMON-PRIOR>                             2303
<ACCUMULATED-NII-CURRENT>                            1
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              7
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           177
<NET-ASSETS>                                     40295
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1241
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (139)
<NET-INVESTMENT-INCOME>                           1102
<REALIZED-GAINS-CURRENT>                            20
<APPREC-INCREASE-CURRENT>                          376
<NET-CHANGE-FROM-OPS>                             1498
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (497)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            134
<NUMBER-OF-SHARES-REDEEMED>                      (784)
<SHARES-REINVESTED>                                 50
<NET-CHANGE-IN-ASSETS>                          (5818)
<ACCUMULATED-NII-PRIOR>                              1
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        (13)
<GROSS-ADVISORY-FEES>                               75
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    163
<AVERAGE-NET-ASSETS>                             42396
<PER-SHARE-NAV-BEGIN>                             9.96
<PER-SHARE-NII>                                    .27
<PER-SHARE-GAIN-APPREC>                            .08
<PER-SHARE-DIVIDEND>                             (.26)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.05
<EXPENSE-RATIO>                                    .78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 110
   <NAME> BLUE CHIP EQUITY INSTITUTIONAL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            62082
<INVESTMENTS-AT-VALUE>                           73772
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     517
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   74289
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          145
<TOTAL-LIABILITIES>                                145
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         61906
<SHARES-COMMON-STOCK>                             3253
<SHARES-COMMON-PRIOR>                             2880
<ACCUMULATED-NII-CURRENT>                           52
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            496
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         11690
<NET-ASSETS>                                     74144
<DIVIDEND-INCOME>                                  480
<INTEREST-INCOME>                                  128
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (284)
<NET-INVESTMENT-INCOME>                            324
<REALIZED-GAINS-CURRENT>                           283
<APPREC-INCREASE-CURRENT>                         6374
<NET-CHANGE-FROM-OPS>                             6981
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (199)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            481
<NUMBER-OF-SHARES-REDEEMED>                      (116)
<SHARES-REINVESTED>                                  8
<NET-CHANGE-IN-ASSETS>                            9987
<ACCUMULATED-NII-PRIOR>                             10
<ACCUMULATED-GAINS-PRIOR>                          213
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              195
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    346
<AVERAGE-NET-ASSETS>                             64339
<PER-SHARE-NAV-BEGIN>                            12.39
<PER-SHARE-NII>                                    .07
<PER-SHARE-GAIN-APPREC>                           1.64
<PER-SHARE-DIVIDEND>                             (.06)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.04
<EXPENSE-RATIO>                                    .79
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 111
   <NAME> BLUE CHIP EQUITY RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            62082
<INVESTMENTS-AT-VALUE>                           73772
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     517
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   74289
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          145
<TOTAL-LIABILITIES>                                145
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         61906
<SHARES-COMMON-STOCK>                             2030
<SHARES-COMMON-PRIOR>                             1067
<ACCUMULATED-NII-CURRENT>                           52
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            496
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         11690
<NET-ASSETS>                                     74144
<DIVIDEND-INCOME>                                  480
<INTEREST-INCOME>                                  128
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (284)
<NET-INVESTMENT-INCOME>                            324
<REALIZED-GAINS-CURRENT>                           283
<APPREC-INCREASE-CURRENT>                         6374
<NET-CHANGE-FROM-OPS>                             6981
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (83)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1086
<NUMBER-OF-SHARES-REDEEMED>                      (129)
<SHARES-REINVESTED>                                  6
<NET-CHANGE-IN-ASSETS>                           15256
<ACCUMULATED-NII-PRIOR>                             10
<ACCUMULATED-GAINS-PRIOR>                          213
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              195
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    346
<AVERAGE-NET-ASSETS>                             64339
<PER-SHARE-NAV-BEGIN>                            12.38
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                           1.64
<PER-SHARE-DIVIDEND>                             (.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.02
<EXPENSE-RATIO>                                   1.04
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 120
   <NAME> INTERMEDIATE FIXED INCOME
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            74353
<INVESTMENTS-AT-VALUE>                           75821
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                    1362
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   77183
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          583
<TOTAL-LIABILITIES>                                583
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         74922
<SHARES-COMMON-STOCK>                             7642
<SHARES-COMMON-PRIOR>                             7787
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            210
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1468
<NET-ASSETS>                                     76600
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2620
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (259)
<NET-INVESTMENT-INCOME>                           2361
<REALIZED-GAINS-CURRENT>                           291
<APPREC-INCREASE-CURRENT>                         1439
<NET-CHANGE-FROM-OPS>                             4091
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (2361)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            689
<NUMBER-OF-SHARES-REDEEMED>                      (835)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                             274
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        (81)
<GROSS-ADVISORY-FEES>                              231
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    317
<AVERAGE-NET-ASSETS>                             76410
<PER-SHARE-NAV-BEGIN>                             9.80
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                            .22
<PER-SHARE-DIVIDEND>                             (.31)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.02
<EXPENSE-RATIO>                                    .67
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 130
   <NAME> MARYLAND TAX FREE INSTITUTIONAL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            99511
<INVESTMENTS-AT-VALUE>                          103930
<RECEIVABLES>                                     1554
<ASSETS-OTHER>                                    1847
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  107331
<PAYABLE-FOR-SECURITIES>                          2228
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          589
<TOTAL-LIABILITIES>                               2817
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         99499
<SHARES-COMMON-STOCK>                             8276
<SHARES-COMMON-PRIOR>                             8068
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            596
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          4419
<NET-ASSETS>                                    104514
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2571
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (334)
<NET-INVESTMENT-INCOME>                           2237
<REALIZED-GAINS-CURRENT>                           127
<APPREC-INCREASE-CURRENT>                         2695
<NET-CHANGE-FROM-OPS>                             5059
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1909)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            772
<NUMBER-OF-SHARES-REDEEMED>                      (565)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            4634
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          469
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              241
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    369
<AVERAGE-NET-ASSETS>                             95589
<PER-SHARE-NAV-BEGIN>                             9.87
<PER-SHARE-NII>                                    .24
<PER-SHARE-GAIN-APPREC>                            .31
<PER-SHARE-DIVIDEND>                             (.24)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.18
<EXPENSE-RATIO>                                    .66
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 131
   <NAME> MARYLAND TAX FREE RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            99511
<INVESTMENTS-AT-VALUE>                          103930
<RECEIVABLES>                                     1554
<ASSETS-OTHER>                                    1847
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  107331
<PAYABLE-FOR-SECURITIES>                          2228
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          589
<TOTAL-LIABILITIES>                               2817
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         99499
<SHARES-COMMON-STOCK>                             1992
<SHARES-COMMON-PRIOR>                              811
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            596
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          4419
<NET-ASSETS>                                    104514
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2571
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (334)
<NET-INVESTMENT-INCOME>                           2237
<REALIZED-GAINS-CURRENT>                           127
<APPREC-INCREASE-CURRENT>                         2695
<NET-CHANGE-FROM-OPS>                             5059
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (328)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1338
<NUMBER-OF-SHARES-REDEEMED>                      (188)
<SHARES-REINVESTED>                                 32
<NET-CHANGE-IN-ASSETS>                           12275
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          469
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              241
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    369
<AVERAGE-NET-ASSETS>                             95589
<PER-SHARE-NAV-BEGIN>                             9.87
<PER-SHARE-NII>                                    .21
<PER-SHARE-GAIN-APPREC>                            .32
<PER-SHARE-DIVIDEND>                             (.22)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.18
<EXPENSE-RATIO>                                    .91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 140
   <NAME> PENNSYLVANIA TAX FREE INSTITUTIONAL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            24880
<INVESTMENTS-AT-VALUE>                           25824
<RECEIVABLES>                                      510
<ASSETS-OTHER>                                     436
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   26770
<PAYABLE-FOR-SECURITIES>                           975
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          123
<TOTAL-LIABILITIES>                               1098
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         24625
<SHARES-COMMON-STOCK>                             2313
<SHARES-COMMON-PRIOR>                             2346
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            103
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           944
<NET-ASSETS>                                     25672
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  660
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (78)
<NET-INVESTMENT-INCOME>                            582
<REALIZED-GAINS-CURRENT>                            11
<APPREC-INCREASE-CURRENT>                          738
<NET-CHANGE-FROM-OPS>                             1331
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (544)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            144
<NUMBER-OF-SHARES-REDEEMED>                      (178)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                             383
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           92
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               63
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     94
<AVERAGE-NET-ASSETS>                             25000
<PER-SHARE-NAV-BEGIN>                             9.92
<PER-SHARE-NII>                                    .24
<PER-SHARE-GAIN-APPREC>                            .31
<PER-SHARE-DIVIDEND>                             (.24)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.23
<EXPENSE-RATIO>                                    .60
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 141
   <NAME> PENNSYLVANIA TAX FREE RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            24880
<INVESTMENTS-AT-VALUE>                           25824
<RECEIVABLES>                                      510
<ASSETS-OTHER>                                     436
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   26770
<PAYABLE-FOR-SECURITIES>                           975
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          123
<TOTAL-LIABILITIES>                               1098
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         24625
<SHARES-COMMON-STOCK>                              197
<SHARES-COMMON-PRIOR>                              119
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            103
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           944
<NET-ASSETS>                                     25672
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  660
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (78)
<NET-INVESTMENT-INCOME>                            582
<REALIZED-GAINS-CURRENT>                            11
<APPREC-INCREASE-CURRENT>                          738
<NET-CHANGE-FROM-OPS>                             1331
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (38)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             78
<NUMBER-OF-SHARES-REDEEMED>                        (4)
<SHARES-REINVESTED>                                  4
<NET-CHANGE-IN-ASSETS>                             834
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           92
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               63
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     94
<AVERAGE-NET-ASSETS>                             25000
<PER-SHARE-NAV-BEGIN>                             9.92
<PER-SHARE-NII>                                    .22
<PER-SHARE-GAIN-APPREC>                            .30
<PER-SHARE-DIVIDEND>                             (.22)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.22
<EXPENSE-RATIO>                                    .85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 150
   <NAME> EQUITY INCOME INSTITUTIONAL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            73360
<INVESTMENTS-AT-VALUE>                           94953
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     309
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   95262
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          285
<TOTAL-LIABILITIES>                                285
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         63632
<SHARES-COMMON-STOCK>                             7605
<SHARES-COMMON-PRIOR>                             7867
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                             (1)
<ACCUMULATED-NET-GAINS>                           9753
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         21593
<NET-ASSETS>                                     94977
<DIVIDEND-INCOME>                                 1463
<INTEREST-INCOME>                                  124
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (384)
<NET-INVESTMENT-INCOME>                           1203
<REALIZED-GAINS-CURRENT>                          3328
<APPREC-INCREASE-CURRENT>                         8984
<NET-CHANGE-FROM-OPS>                            13515
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1194)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            331
<NUMBER-OF-SHARES-REDEEMED>                      (594)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            9125
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         6425
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              330
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    432
<AVERAGE-NET-ASSETS>                             93579
<PER-SHARE-NAV-BEGIN>                            10.67
<PER-SHARE-NII>                                    .15
<PER-SHARE-GAIN-APPREC>                           1.57
<PER-SHARE-DIVIDEND>                             (.15)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.24
<EXPENSE-RATIO>                                    .81
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 151
   <NAME> EQUITY INCOME RETAIL
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            73360
<INVESTMENTS-AT-VALUE>                           94953
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     309
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   95262
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          285
<TOTAL-LIABILITIES>                                285
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         63632
<SHARES-COMMON-STOCK>                              156
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                             (1)
<ACCUMULATED-NET-GAINS>                           9753
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         21593
<NET-ASSETS>                                     94977
<DIVIDEND-INCOME>                                 1463
<INTEREST-INCOME>                                  124
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (384)
<NET-INVESTMENT-INCOME>                           1203
<REALIZED-GAINS-CURRENT>                          3328
<APPREC-INCREASE-CURRENT>                         8984
<NET-CHANGE-FROM-OPS>                            13515
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (10)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            158
<NUMBER-OF-SHARES-REDEEMED>                        (3)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            1905
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         6425
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              330
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    432
<AVERAGE-NET-ASSETS>                             93579
<PER-SHARE-NAV-BEGIN>                            11.01
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                           1.23
<PER-SHARE-DIVIDEND>                             (.15)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.23
<EXPENSE-RATIO>                                   1.03
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 160
   <NAME> MID-CAP EQUITY
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            43540
<INVESTMENTS-AT-VALUE>                           54304
<RECEIVABLES>                                       42
<ASSETS-OTHER>                                      36
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   54382
<PAYABLE-FOR-SECURITIES>                         10488
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           13
<TOTAL-LIABILITIES>                              10501
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         30716
<SHARES-COMMON-STOCK>                             3516
<SHARES-COMMON-PRIOR>                             2661
<ACCUMULATED-NII-CURRENT>                           13
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           2388
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         10764
<NET-ASSETS>                                     43881
<DIVIDEND-INCOME>                                  212
<INTEREST-INCOME>                                   12
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (147)
<NET-INVESTMENT-INCOME>                             77
<REALIZED-GAINS-CURRENT>                          1997
<APPREC-INCREASE-CURRENT>                         4093
<NET-CHANGE-FROM-OPS>                             6167
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (70)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1154
<NUMBER-OF-SHARES-REDEEMED>                      (300)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                           16822
<ACCUMULATED-NII-PRIOR>                              6
<ACCUMULATED-GAINS-PRIOR>                          391
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              113
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    155
<AVERAGE-NET-ASSETS>                             31895
<PER-SHARE-NAV-BEGIN>                            10.17
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           2.31
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.48
<EXPENSE-RATIO>                                    .91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 170
   <NAME> STOCK
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            29196
<INVESTMENTS-AT-VALUE>                           41500
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                      40
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   41540
<PAYABLE-FOR-SECURITIES>                           707
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           35
<TOTAL-LIABILITIES>                                742
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         21053
<SHARES-COMMON-STOCK>                             3387
<SHARES-COMMON-PRIOR>                             3766
<ACCUMULATED-NII-CURRENT>                            6
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           7435
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         12304
<NET-ASSETS>                                     40798
<DIVIDEND-INCOME>                                  271
<INTEREST-INCOME>                                   16
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (195)
<NET-INVESTMENT-INCOME>                             92
<REALIZED-GAINS-CURRENT>                          3898
<APPREC-INCREASE-CURRENT>                          978
<NET-CHANGE-FROM-OPS>                             4968
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (103)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             31
<NUMBER-OF-SHARES-REDEEMED>                      (411)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                             227
<ACCUMULATED-NII-PRIOR>                             17
<ACCUMULATED-GAINS-PRIOR>                         3537
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              154
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    206
<AVERAGE-NET-ASSETS>                             43505
<PER-SHARE-NAV-BEGIN>                            10.77
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           1.28
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.05
<EXPENSE-RATIO>                                    .89
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 180
   <NAME> EQUITY INDEX
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   1-MO
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                            25912
<INVESTMENTS-AT-VALUE>                           24632
<RECEIVABLES>                                        5
<ASSETS-OTHER>                                      17
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   24654
<PAYABLE-FOR-SECURITIES>                             8
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  8
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         25903
<SHARES-COMMON-STOCK>                             2588
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                           39
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                          (16)
<ACCUM-APPREC-OR-DEPREC>                        (1280)
<NET-ASSETS>                                     24646
<DIVIDEND-INCOME>                                   24
<INTEREST-INCOME>                                   19
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     (4)
<NET-INVESTMENT-INCOME>                             39
<REALIZED-GAINS-CURRENT>                          (16)
<APPREC-INCREASE-CURRENT>                       (1280)
<NET-CHANGE-FROM-OPS>                           (1257)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           2599
<NUMBER-OF-SHARES-REDEEMED>                       (11)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           24646
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                4
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      9
<AVERAGE-NET-ASSETS>                             24200
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                          (.50)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.52
<EXPENSE-RATIO>                                    .19
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 080
   <NAME> ARK INTERNATIONAL EQUITY FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                             3020
<INVESTMENTS-AT-VALUE>                            3120
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                      26
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    3146
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          1943
<SHARES-COMMON-STOCK>                              222
<SHARES-COMMON-PRIOR>                              367
<ACCUMULATED-NII-CURRENT>                           11
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            334
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            87
<NET-ASSETS>                                      3146
<DIVIDEND-INCOME>                                   55
<INTEREST-INCOME>                                    9
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      29
<NET-INVESTMENT-INCOME>                             35
<REALIZED-GAINS-CURRENT>                           323
<APPREC-INCREASE-CURRENT>                         (97)
<NET-CHANGE-FROM-OPS>                              261
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            265
<NUMBER-OF-SHARES-REDEEMED>                       1983
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          (1063)
<ACCUMULATED-NII-PRIOR>                              3
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           8
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      0
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                            10.45
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                            .30
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.76
<EXPENSE-RATIO>                                   1.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK FUNDS
<SERIES>
   <NUMBER> 081
   <NAME> ARK INTERNATIONAL EQUITY FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                             3020
<INVESTMENTS-AT-VALUE>                            3120
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