<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922637
<NAME> MAGNA FUNDS
<SERIES>
<NUMBER> 021
<NAME> MAGNA INTERMEDIATE GOVERNMENT BOND 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> 133759107
<INVESTMENTS-AT-VALUE> 130105556
<RECEIVABLES> 1718775
<ASSETS-OTHER> 1597
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 131825928
<PAYABLE-FOR-SECURITIES> 673455
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51743
<TOTAL-LIABILITIES> 725198
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 134537639
<SHARES-COMMON-STOCK> 10953188<F1>
<SHARES-COMMON-PRIOR> 6693676<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 1371
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 690400
<ACCUM-APPREC-OR-DEPREC> (2745138)
<NET-ASSETS> 131100730
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5911623
<OTHER-INCOME> 0
<EXPENSES-NET> 292744
<NET-INVESTMENT-INCOME> 5253647
<REALIZED-GAINS-CURRENT> (594305)
<APPREC-INCREASE-CURRENT> 619386
<NET-CHANGE-FROM-OPS> 5278728
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5253647<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 6342963
<NUMBER-OF-SHARES-REDEEMED> 2131822
<SHARES-REINVESTED> 48371
<NET-CHANGE-IN-ASSETS> 50494218
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 1371
<OVERDIST-NET-GAINS-PRIOR> 96095
<GROSS-ADVISORY-FEES> 418206
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 950720
<AVERAGE-NET-ASSETS> 83641439<F1>
<PER-SHARE-NAV-BEGIN> 12.04<F1>
<PER-SHARE-NII> 0.74<F1>
<PER-SHARE-GAIN-APPREC> (0.07)<F1>
<PER-SHARE-DIVIDEND> 0.74<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.97<F1>
<EXPENSE-RATIO> 0.79<F1>
<FN>
</TABLE>
