ALLEGHANY FUNDS
NSAR-A, EX-27, 2000-06-22
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<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 040
   <NAME> ALLEGHANY CHICAGO TRUST MONEY MARKET FUND-CLASS N

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                      381,065,470
<INVESTMENTS-AT-VALUE>                     381,065,470
<RECEIVABLES>                               12,544,542
<ASSETS-OTHER>                                     930
<OTHER-ITEMS-ASSETS>                            11,727
<TOTAL-ASSETS>                             393,622,669
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,034,208
<TOTAL-LIABILITIES>                          2,034,208
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   391,588,461
<SHARES-COMMON-STOCK>                      391,588,461
<SHARES-COMMON-PRIOR>                      335,140,215
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                               391,588,461
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           11,983,038
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,027,456)
<NET-INVESTMENT-INCOME>                     10,955,582
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                       10,955,582
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (10,955,582)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  1,017,988,086
<NUMBER-OF-SHARES-REDEEMED>                963,272,979
<SHARES-REINVESTED>                          1,733,139
<NET-CHANGE-IN-ASSETS>                      56,448,246
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          816,688
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,027,456
<AVERAGE-NET-ASSETS>                       410,211,251
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (0.03)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .50



</TABLE>


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