<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 010
<NAME> ALLEGHANY CHICAGO TRUST GROWTH & INCOME FUND-CLASS N
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 341,466,810
<INVESTMENTS-AT-VALUE> 567,323,405
<RECEIVABLES> 4,311,291
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<TOTAL-ASSETS> 571,669,492
<PAYABLE-FOR-SECURITIES> 3,386,555
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 770,769
<TOTAL-LIABILITIES> 4,157,324
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 307,933,026
<SHARES-COMMON-STOCK> 19,423,718
<SHARES-COMMON-PRIOR> 17,687,623
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 295,629
<ACCUMULATED-NET-GAINS> 34,018,176
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 225,856,595
<NET-ASSETS> 567,512,168
<DIVIDEND-INCOME> 1,655,794
<INTEREST-INCOME> 865,866
<OTHER-INCOME> 0
<EXPENSES-NET> (2,817,289)
<NET-INVESTMENT-INCOME> (295,629)
<REALIZED-GAINS-CURRENT> 34,018,559
<APPREC-INCREASE-CURRENT> 32,113,746
<NET-CHANGE-FROM-OPS> 65,836,676
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (36,048,318)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 97,710,351
<NUMBER-OF-SHARES-REDEEMED> 85,293,373
<SHARES-REINVESTED> 35,118,050
<NET-CHANGE-IN-ASSETS> 77,323,386
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 36,047,935
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<INTEREST-EXPENSE> 0
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<AVERAGE-NET-ASSETS> 528,999,013
<PER-SHARE-NAV-BEGIN> 27.71
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 3.53
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (2.00)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.22
<EXPENSE-RATIO> 1.07
</TABLE>
