<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 090
<NAME> ALLEGHANY CHICAGO TRUST SMALL CAP VALUE FUND-CLASS N
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 48,711,393
<INVESTMENTS-AT-VALUE> 47,327,107
<RECEIVABLES> 3,641,910
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<PAYABLE-FOR-SECURITIES> 2,601,144
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 64,289
<TOTAL-LIABILITIES> 2,665,433
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 46,974,265
<SHARES-COMMON-STOCK> 4,795,968
<SHARES-COMMON-PRIOR> 4,624,913
<ACCUMULATED-NII-CURRENT> 40,454
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,709,469
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,384,286)
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<DIVIDEND-INCOME> 356,424
<INTEREST-INCOME> 53,041
<OTHER-INCOME> 0
<EXPENSES-NET> (311,836)
<NET-INVESTMENT-INCOME> 97,629
<REALIZED-GAINS-CURRENT> 3,993,853
<APPREC-INCREASE-CURRENT> 463,478
<NET-CHANGE-FROM-OPS> 4,554,960
<EQUALIZATION> 0
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<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,408,579
<NUMBER-OF-SHARES-REDEEMED> 8,091,070
<SHARES-REINVESTED> 192,884
<NET-CHANGE-IN-ASSETS> 5,861,638
<ACCUMULATED-NII-PRIOR> 146,540
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 1,284,384
<GROSS-ADVISORY-FEES> 222,734
<INTEREST-EXPENSE> 0
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<PER-SHARE-DIVIDEND> (0.04)
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<PER-SHARE-NAV-END> 10.08
<EXPENSE-RATIO> 1.40
</TABLE>