<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> PAUZE U.S. GOVERNMENT TOTAL RETURN BOND FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-START> MAY-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 60,503,141
<INVESTMENTS-AT-VALUE> 60,503,141
<RECEIVABLES> 33,583,097
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 94,086,238
<PAYABLE-FOR-SECURITIES> 33,574,590
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 135,649
<TOTAL-LIABILITIES> 33,710,239
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 70,798,307
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (10,422,308)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 60,375,999
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,243,204
<OTHER-INCOME> 0
<EXPENSES-NET> 1,027,682
<NET-INVESTMENT-INCOME> 2,215,522
<REALIZED-GAINS-CURRENT> (4,613,178)
<APPREC-INCREASE-CURRENT> 609,169
<NET-CHANGE-FROM-OPS> (1,788,487)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,250,087
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,076,842
<NUMBER-OF-SHARES-REDEEMED> 448,332
<SHARES-REINVESTED> 177,576
<NET-CHANGE-IN-ASSETS> 2,900,313
<ACCUMULATED-NII-PRIOR> 30,577
<ACCUMULATED-GAINS-PRIOR> (5,809,130)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 356,940
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,027,682
<AVERAGE-NET-ASSETS> 59,497,963
<PER-SHARE-NAV-BEGIN> 8.62
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> (0.54)
<PER-SHARE-DIVIDEND> (0.32)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.08
<EXPENSE-RATIO> 1.71
</TABLE>