<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 020
<NAME> ALLEGHANY CHICAGO TRUST BOND FUND-CLASS N
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
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<INVESTMENTS-AT-VALUE> 138,486,860
<RECEIVABLES> 2,093,421
<ASSETS-OTHER> 108
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<TOTAL-LIABILITIES> 297,816
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 146,015,338
<SHARES-COMMON-STOCK> 14,641,019
<SHARES-COMMON-PRIOR> 13,736,815
<ACCUMULATED-NII-CURRENT> 443,316
<OVERDISTRIBUTION-NII> 0
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<OVERDISTRIBUTION-GAINS> 2,177,408
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<OTHER-INCOME> 0
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<REALIZED-GAINS-CURRENT> (1,725,763)
<APPREC-INCREASE-CURRENT> (83,978)
<NET-CHANGE-FROM-OPS> 2,639,947
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<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 25,216,238
<NUMBER-OF-SHARES-REDEEMED> 20,338,585
<SHARES-REINVESTED> 3,795,563
<NET-CHANGE-IN-ASSETS> 6,879,875
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<EXPENSE-RATIO> .78
</TABLE>
