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

<ARTICLE>                           6
<CIK>                               0000893759
<NAME>                              Gardner Lewis Investment Trust
<SERIES>
   <NUMBER>                         4
   <NAME>                           Chesapeake Growth Fund Class D
<MULTIPLIER>                        1
<CURRENCY>                          U.S. Dollars

<S>                                           <C>
<PERIOD-TYPE>                                                6-MOS
<FISCAL-YEAR-END>                                      Feb-28-2001
<PERIOD-END>                                           Aug-31-2000
<EXCHANGE-RATE>                                                  1
<INVESTMENTS-AT-COST>                                  227,138,837
<INVESTMENTS-AT-VALUE>                                 367,498,057
<RECEIVABLES>                                            9,760,029
<ASSETS-OTHER>                                                   0
<OTHER-ITEMS-ASSETS>                                             0
<TOTAL-ASSETS>                                         377,258,086
<PAYABLE-FOR-SECURITIES>                                 9,030,355
<SENIOR-LONG-TERM-DEBT>                                          0
<OTHER-ITEMS-LIABILITIES>                                   87,627
<TOTAL-LIABILITIES>                                      9,117,982
<SENIOR-EQUITY>                                                  0
<PAID-IN-CAPITAL-COMMON>                               115,877,149
<SHARES-COMMON-STOCK>                                            0
<SHARES-COMMON-PRIOR>                                      311,247
<ACCUMULATED-NII-CURRENT>                               (1,709,457)
<OVERDISTRIBUTION-NII>                                           0
<ACCUMULATED-NET-GAINS>                                113,613,192
<OVERDISTRIBUTION-GAINS>                                         0
<ACCUM-APPREC-OR-DEPREC>                               140,359,220
<NET-ASSETS>                                           368,140,104
<DIVIDEND-INCOME>                                          200,282
<INTEREST-INCOME>                                                0
<OTHER-INCOME>                                                   0
<EXPENSES-NET>                                           1,909,739
<NET-INVESTMENT-INCOME>                                 (1,709,457)
<REALIZED-GAINS-CURRENT>                                57,146,359
<APPREC-INCREASE-CURRENT>                              (41,563,147)
<NET-CHANGE-FROM-OPS>                                   13,873,755
<EQUALIZATION>                                                   0
<DISTRIBUTIONS-OF-INCOME>                                        0
<DISTRIBUTIONS-OF-GAINS>                                         0
<DISTRIBUTIONS-OTHER>                                            0
<NUMBER-OF-SHARES-SOLD>                                      2,337
<NUMBER-OF-SHARES-REDEEMED>                                313,584
<SHARES-REINVESTED>                                              0
<NET-CHANGE-IN-ASSETS>                                 (36,087,708)
<ACCUMULATED-NII-PRIOR>                                          0
<ACCUMULATED-GAINS-PRIOR>                               56,466,833
<OVERDISTRIB-NII-PRIOR>                                          0
<OVERDIST-NET-GAINS-PRIOR>                                       0
<GROSS-ADVISORY-FEES>                                    1,677,468
<INTEREST-EXPENSE>                                               0
<GROSS-EXPENSE>                                          1,935,696
<AVERAGE-NET-ASSETS>                                   339,581,213
<PER-SHARE-NAV-BEGIN>                                        31.59
<PER-SHARE-NII>                                              (0.10)
<PER-SHARE-GAIN-APPREC>                                      (5.75)
<PER-SHARE-DIVIDEND>                                             0
<PER-SHARE-DISTRIBUTIONS>                                        0
<RETURNS-OF-CAPITAL>                                        (25.74)
<PER-SHARE-NAV-END>                                              0
<EXPENSE-RATIO>                                               2.04


</TABLE>


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