WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
SELECT NORTH AMERICAN GOVERNMENT SECURITIES
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 8,287,066
<INVESTMENTS-AT-VALUE> 8,182,376
<RECEIVABLES> 94,024
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 28,437
<TOTAL-ASSETS> 8,304,837
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (43,890)
<TOTAL-LIABILITIES> (43,890)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,391,316
<SHARES-COMMON-STOCK> 828,679
<SHARES-COMMON-PRIOR> 938,953
<ACCUMULATED-NII-CURRENT> 65
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (25,744)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (104,690)
<NET-ASSETS> 8,260,947
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 271,397
<OTHER-INCOME> 0
<EXPENSES-NET> (41,092)
<NET-INVESTMENT-INCOME> 230,305
<REALIZED-GAINS-CURRENT> (6,098)
<APPREC-INCREASE-CURRENT> (2,529)
<NET-CHANGE-FROM-OPS> 221,678
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (279,405)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 252
<NUMBER-OF-SHARES-REDEEMED> (138,581)
<SHARES-REINVESTED> 28,055
<NET-CHANGE-IN-ASSETS> (1,159,695)
<ACCUMULATED-NII-PRIOR> (49,165)
<ACCUMULATED-GAINS-PRIOR> (19,646)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (27,999)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (41,092)
<AVERAGE-NET-ASSETS> 8,662,526
<PER-SHARE-NAV-BEGIN> 10.03
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> (0.01)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.32)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.97
<EXPENSE-RATIO> 0.95
</TABLE>
