GARDNER LEWIS INVESTMENT TRUST
NSAR-B, EX-27, 2000-10-30
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<TABLE> <S> <C>

<ARTICLE>                    6
<CIK>                        0000893759
<NAME>                       Gardner Lewis Investment Trust
<SERIES>
   <NUMBER>                  1
   <NAME>                    Chesapeake Aggressive Growth Fund
<MULTIPLIER>                 1
<CURRENCY>                   U.S. Dollars

<S>                                       <C>
<PERIOD-TYPE>                                          12-MOS
<FISCAL-YEAR-END>                                 Aug-31-2000
<PERIOD-END>                                      Aug-31-2000
<EXCHANGE-RATE>                                             1
<INVESTMENTS-AT-COST>                             165,680,361
<INVESTMENTS-AT-VALUE>                            314,866,951
<RECEIVABLES>                                       3,663,171
<ASSETS-OTHER>                                              0
<OTHER-ITEMS-ASSETS>                                        0
<TOTAL-ASSETS>                                    318,530,122
<PAYABLE-FOR-SECURITIES>                               52,066
<SENIOR-LONG-TERM-DEBT>                                     0
<OTHER-ITEMS-LIABILITIES>                             109,757
<TOTAL-LIABILITIES>                                   161,823
<SENIOR-EQUITY>                                             0
<PAID-IN-CAPITAL-COMMON>                          115,461,716
<SHARES-COMMON-STOCK>                              12,004,911
<SHARES-COMMON-PRIOR>                              17,021,028
<ACCUMULATED-NII-CURRENT>                                   0
<OVERDISTRIBUTION-NII>                                      0
<ACCUMULATED-NET-GAINS>                            53,719,993
<OVERDISTRIBUTION-GAINS>                                    0
<ACCUM-APPREC-OR-DEPREC>                          149,186,590
<NET-ASSETS>                                      318,368,299
<DIVIDEND-INCOME>                                     581,912
<INTEREST-INCOME>                                           0
<OTHER-INCOME>                                              0
<EXPENSES-NET>                                      4,609,330
<NET-INVESTMENT-INCOME>                            (4,027,418)
<REALIZED-GAINS-CURRENT>                           69,150,688
<APPREC-INCREASE-CURRENT>                          81,009,617
<NET-CHANGE-FROM-OPS>                             146,132,887
<EQUALIZATION>                                              0
<DISTRIBUTIONS-OF-INCOME>                                   0
<DISTRIBUTIONS-OF-GAINS>                            9,840,604
<DISTRIBUTIONS-OTHER>                                       0
<NUMBER-OF-SHARES-SOLD>                             1,386,502
<NUMBER-OF-SHARES-REDEEMED>                         6,893,465
<SHARES-REINVESTED>                                   490,846
<NET-CHANGE-IN-ASSETS>                             32,287,231
<ACCUMULATED-NII-PRIOR>                                     0
<ACCUMULATED-GAINS-PRIOR>                          (1,562,673)
<OVERDISTRIB-NII-PRIOR>                                     0
<OVERDIST-NET-GAINS-PRIOR>                                  0
<GROSS-ADVISORY-FEES>                               4,108,081
<INTEREST-EXPENSE>                                          0
<GROSS-EXPENSE>                                     4,669,818
<AVERAGE-NET-ASSETS>                              328,646,454
<PER-SHARE-NAV-BEGIN>                                   16.81
<PER-SHARE-NII>                                         (0.34)
<PER-SHARE-GAIN-APPREC>                                 10.72
<PER-SHARE-DIVIDEND>                                        0
<PER-SHARE-DISTRIBUTIONS>                                0.67
<RETURNS-OF-CAPITAL>                                        0
<PER-SHARE-NAV-END>                                     26.52
<EXPENSE-RATIO>                                           1.4


</TABLE>


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