<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 2000
SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH SEMI-
ANNUAL REPORT.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> THE DLB FIXED INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 22,680,691
<INVESTMENTS-AT-VALUE> 21,658,736
<RECEIVABLES> 299,348
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,958,084
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44,271
<TOTAL-LIABILITIES> 44,271
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 23,727,264
<SHARES-COMMON-STOCK> 2,212,316
<SHARES-COMMON-PRIOR> 3,610,461
<ACCUMULATED-NII-CURRENT> 12,108
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (803,604)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,021,955)
<NET-ASSETS> 21,913,813
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,052,369
<OTHER-INCOME> 0
<EXPENSES-NET> 86,964
<NET-INVESTMENT-INCOME> 965,405
<REALIZED-GAINS-CURRENT> (787,710)
<APPREC-INCREASE-CURRENT> 136,748
<NET-CHANGE-FROM-OPS> 314,443
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 970,442
<DISTRIBUTIONS-OF-GAINS> 31,257
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 217,272
<NUMBER-OF-SHARES-REDEEMED> 1,694,158
<SHARES-REINVESTED> 78,741
<NET-CHANGE-IN-ASSETS> (14,626,295)
<ACCUMULATED-NII-PRIOR> 17,145
<ACCUMULATED-GAINS-PRIOR> 15,363
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 63,246
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 139,699
<AVERAGE-NET-ASSETS> 31,967,029
<PER-SHARE-NAV-BEGIN> 10.12
<PER-SHARE-NII> 0.31
<PER-SHARE-GAIN-APPREC> (0.20)
<PER-SHARE-DIVIDEND> 0.31
<PER-SHARE-DISTRIBUTIONS> .01
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.91
<EXPENSE-RATIO> 0.55
</TABLE>