ALLEGHANY FUNDS
NSAR-B, EX-27, 2000-12-29
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<TABLE> <S> <C>

<ARTICLE>                                6
<SERIES>
<NUMBER>                                 011
<NAME>                                   Growth & Income Fund-Class N

<S>                                      <C>
<PERIOD-TYPE>                            YEAR
<FISCAL-YEAR-END>                        OCT-31-2000
<PERIOD-START>                           OCT-31-1999
<PERIOD-END>                             OCT-31-2000
<INVESTMENTS-AT-COST>                                      360,275,959
<INVESTMENTS-AT-VALUE>                                     591,972,713
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<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,384,704
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<SENIOR-EQUITY>                                                      0
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<SHARES-COMMON-STOCK>                                       17,575,386
<SHARES-COMMON-PRIOR>                                       17,687,623
<ACCUMULATED-NII-CURRENT>                                            0
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<OVERDISTRIBUTION-GAINS>                                             0
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<DIVIDEND-INCOME>                                            3,182,638
<INTEREST-INCOME>                                            1,684,583
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                              (5,836,084)
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<REALIZED-GAINS-CURRENT>                                    59,850,744
<APPREC-INCREASE-CURRENT>                                   37,953,905
<NET-CHANGE-FROM-OPS>                                       96,835,786
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                   (36,048,318)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      6,124,572
<NUMBER-OF-SHARES-REDEEMED>                                  7,536,041
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<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   36,047,935
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        3,822,871
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              5,836,084
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<PER-SHARE-NAV-BEGIN>                                            27.71
<PER-SHARE-NII>                                                  (0.06)
<PER-SHARE-GAIN-APPREC>                                           5.21
<PER-SHARE-DIVIDEND>                                              0.00
<PER-SHARE-DISTRIBUTIONS>                                        (2.00)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              30.86
<EXPENSE-RATIO>                                                   1.07



</TABLE>


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