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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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SIGNATURE JOHN H. COSTELLO
TITLE TREASURER
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<NAME> ARK FUNDS
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<NUMBER-OF-SHARES-SOLD> 1,609,772
<NUMBER-OF-SHARES-REDEEMED> (1,230,137)
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<PER-SHARE-NAV-END> 1.00
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 3
<NAME> MONEY MARKET FUND, INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
<PERIOD-START> MAY-01-1994
<PERIOD-END> APR-30-1995
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<PAID-IN-CAPITAL-COMMON> 328,911
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<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 29
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 328,940
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 14,424
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<EXPENSES-NET> (594)
<NET-INVESTMENT-INCOME> 13,830
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<NET-CHANGE-FROM-OPS> 13,859
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<NUMBER-OF-SHARES-SOLD> 642,304
<NUMBER-OF-SHARES-REDEEMED> (561,628)
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<NET-CHANGE-IN-ASSETS> 131,766
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,337
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<PER-SHARE-NAV-BEGIN> 1.000
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<PER-SHARE-NAV-END> 1.000
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 3
<NAME> MONEY MARKET FUND, RETAIL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
<PERIOD-START> MAY-01-1994
<PERIOD-END> APR-30-1995
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<PAID-IN-CAPITAL-COMMON> 328,911
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<ACCUMULATED-NII-CURRENT> 0
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<ACCUMULATED-NET-GAINS> 29
<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 328,940
<DIVIDEND-INCOME> 0
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<NET-INVESTMENT-INCOME> 13,830
<REALIZED-GAINS-CURRENT> 29
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 13,859
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<NUMBER-OF-SHARES-REDEEMED> (15,244)
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<GROSS-EXPENSE> 1,337
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 4
<NAME> TAX-FREE MONEY MARKET FUND, RETAIL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
<PERIOD-START> MAY-01-1994
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<PAID-IN-CAPITAL-COMMON> 66,606
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<ACCUMULATED-NET-GAINS> (4)
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<NET-ASSETS> 66,603
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,308
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<NUMBER-OF-SHARES-REDEEMED> (757)
<SHARES-REINVESTED> 30
<NET-CHANGE-IN-ASSETS> 139
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<GROSS-ADVISORY-FEES> 168
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 340
<AVERAGE-NET-ASSETS> 67,362
<PER-SHARE-NAV-BEGIN> 1.000
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 4
<NAME> TAX-FREE MONEY MARKET FUND, INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
<PERIOD-START> MAY-01-1994
<PERIOD-END> APR-30-1995
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<NET-ASSETS> 66,603
<DIVIDEND-INCOME> 0
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<GROSS-EXPENSE> 340
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<PER-SHARE-NAV-BEGIN> 1.000
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<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.22
<AVG-DEBT-OUTSTANDING> 0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 5
<NAME> INCOME PORTFOLIO, RETAIL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
<PERIOD-START> MAY-01-1994
<PERIOD-END> APR-30-1995
<INVESTMENTS-AT-COST> 66,236
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<ACCUMULATED-NII-CURRENT> (242)
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<ACCUMULATED-NET-GAINS> (1,909)
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<ACCUM-APPREC-OR-DEPREC> (29)
<NET-ASSETS> 66,737
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,770
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<EXPENSES-NET> (402)
<NET-INVESTMENT-INCOME> 3,368
<REALIZED-GAINS-CURRENT> (2,172)
<APPREC-INCREASE-CURRENT> 2,393
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<NET-CHANGE-IN-ASSETS> 12,418
<ACCUMULATED-NII-PRIOR> 19
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-EXPENSE> 421
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 5
<NAME> INCOME PORTFOLIO, INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
<PERIOD-START> MAY-01-1994
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 6
<NAME> GROWTH AND INCOME PORTFOLIO, RETAIL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
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<SHARES-COMMON-STOCK> 55
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<ACCUMULATED-NII-CURRENT> (117)
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<ACCUM-APPREC-OR-DEPREC> 2,391
<NET-ASSETS> 91,588
<DIVIDEND-INCOME> 767
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000903973
<NAME> ARK FUNDS
<SERIES>
<NUMBER> 6
<NAME> GROWTH AND INCOME PORTFOLIO, INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1995
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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