<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000919160
<NAME> GUINNESS FLIGHT INVESTMENT FUNDS
<SERIES>
<NUMBER> 3
<NAME> ASIA BLUE CHIP FUND
<MULTIPLIER> 1
<CURRENCY> U.S.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 7353330
<INVESTMENTS-AT-VALUE> 9218800
<RECEIVABLES> 119145
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 26893
<TOTAL-ASSETS> 9364838
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 15127
<TOTAL-LIABILITIES> 15127
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9596307
<SHARES-COMMON-STOCK> 897019
<SHARES-COMMON-PRIOR> 944930
<ACCUMULATED-NII-CURRENT> (7107)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2107441)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1867952
<NET-ASSETS> 9349711
<DIVIDEND-INCOME> 51517
<INTEREST-INCOME> 1554
<OTHER-INCOME> 0
<EXPENSES-NET> 97383
<NET-INVESTMENT-INCOME> (44312)
<REALIZED-GAINS-CURRENT> 1125396
<APPREC-INCREASE-CURRENT> (1939108)
<NET-CHANGE-FROM-OPS> (858024)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 334872
<NUMBER-OF-SHARES-REDEEMED> 382783
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (1436633)
<ACCUMULATED-NII-PRIOR> 37205
<ACCUMULATED-GAINS-PRIOR> (3232837)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 49184
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 141103
<AVERAGE-NET-ASSETS> 9882530
<PER-SHARE-NAV-BEGIN> 11.41
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> (0.94)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.42
<EXPENSE-RATIO> 1.98
</TABLE>
