<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922637
<NAME> MAGNA FUNDS
<SERIES>
<NUMBER> 011
<NAME> MAGNA GROWTH AND INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-START> SEP-01-1999
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 105629181
<INVESTMENTS-AT-VALUE> 180705017
<RECEIVABLES> 1557188
<ASSETS-OTHER> 8254
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 182270459
<PAYABLE-FOR-SECURITIES> 4662894
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 79601
<TOTAL-LIABILITIES> 4742495
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 97602499
<SHARES-COMMON-STOCK> 5076748<F1>
<SHARES-COMMON-PRIOR> 4804812<F1>
<ACCUMULATED-NII-CURRENT> 356558
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4493071
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 75075836
<NET-ASSETS> 177527964
<DIVIDEND-INCOME> 2436312
<INTEREST-INCOME> 494733
<OTHER-INCOME> 0
<EXPENSES-NET> 1329181
<NET-INVESTMENT-INCOME> 1601864
<REALIZED-GAINS-CURRENT> 4615701
<APPREC-INCREASE-CURRENT> 18875140
<NET-CHANGE-FROM-OPS> 25092705
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1559669<F1>
<DISTRIBUTIONS-OF-GAINS> 732902<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 1363647
<NUMBER-OF-SHARES-REDEEMED> 1121361
<SHARES-REINVESTED> 29650
<NET-CHANGE-IN-ASSETS> 31608765
<ACCUMULATED-NII-PRIOR> 314363
<ACCUMULATED-GAINS-PRIOR> 610272
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1216860
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2140421
<AVERAGE-NET-ASSETS> 162248056<F1>
<PER-SHARE-NAV-BEGIN> 30.37<F1>
<PER-SHARE-NII> 0.32<F1>
<PER-SHARE-GAIN-APPREC> 4.75<F1>
<PER-SHARE-DIVIDEND> 0.32<F1>
<PER-SHARE-DISTRIBUTIONS> 0.15<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 34.97<F1>
<EXPENSE-RATIO> 0.82<F1>
<FN>
</TABLE>
