SCHRODER SERIES TRUST
NSAR-A, EX-27, 2000-06-29
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000908802
<NAME> SCHRODER SERIES TRUST
<SERIES>
   <NUMBER> 5
   <NAME> SCHRODER SHORT-TERM INVESTMENT FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                         20048753
<INVESTMENTS-AT-VALUE>                        19760929
<RECEIVABLES>                                    93505
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                19854434
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       237051
<TOTAL-LIABILITIES>                             237051
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      20193858
<SHARES-COMMON-STOCK>                          2026684
<SHARES-COMMON-PRIOR>                          2781248
<ACCUMULATED-NII-CURRENT>                         9205
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                      (297856)
<ACCUM-APPREC-OR-DEPREC>                      (287824)
<NET-ASSETS>                                  19617383
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               719193
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  109325
<NET-INVESTMENT-INCOME>                         609868
<REALIZED-GAINS-CURRENT>                       (85404)
<APPREC-INCREASE-CURRENT>                      (71952)
<NET-CHANGE-FROM-OPS>                           452512
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       609868
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3097451
<NUMBER-OF-SHARES-REDEEMED>                    3914804
<SHARES-REINVESTED>                              62789
<NET-CHANGE-IN-ASSETS>                       (7484901)
<ACCUMULATED-NII-PRIOR>                           9205
<ACCUMULATED-GAINS-PRIOR>                     (212452)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            42456
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 135661
<AVERAGE-NET-ASSETS>                          21345837
<PER-SHARE-NAV-BEGIN>                             9.74
<PER-SHARE-NII>                                    .28
<PER-SHARE-GAIN-APPREC>                          (.06)
<PER-SHARE-DIVIDEND>                             (.28)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.68
<EXPENSE-RATIO>                                   1.03
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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