ALGER RETIREMENT FUND
NSAR-A, EX-27, 2000-06-29
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<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> ALGER MIDCAP GROWTH PORTFOLIO
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                         67192879
<INVESTMENTS-AT-VALUE>                        78945005
<RECEIVABLES>                                  3019851
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             38895
<TOTAL-ASSETS>                                82003751
<PAYABLE-FOR-SECURITIES>                        390955
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       184775
<TOTAL-LIABILITIES>                             575730
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      65058098
<SHARES-COMMON-STOCK>                          4895575
<SHARES-COMMON-PRIOR>                          2393358
<ACCUMULATED-NII-CURRENT>                     (438322)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        5056119
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      11752126
<NET-ASSETS>                                  81428021
<DIVIDEND-INCOME>                                18719
<INTEREST-INCOME>                               165357
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  302409
<NET-INVESTMENT-INCOME>                       (118333)
<REALIZED-GAINS-CURRENT>                       2910553
<APPREC-INCREASE-CURRENT>                      9904602
<NET-CHANGE-FROM-OPS>                         12696822
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3505456
<NUMBER-OF-SHARES-REDEEMED>                    1003239
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        53194673
<ACCUMULATED-NII-PRIOR>                       (319989)
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                        2145566
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           200226
<INTEREST-EXPENSE>                                 886
<GROSS-EXPENSE>                                 302409
<AVERAGE-NET-ASSETS>                          50194050
<PER-SHARE-NAV-BEGIN>                             11.8
<PER-SHARE-NII>                                   (04)
<PER-SHARE-GAIN-APPREC>                           4.87
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.63
<EXPENSE-RATIO>                                   1.21


</TABLE>


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