<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 2000
ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ANNUAL
REPORT.
</LEGEND>
<SERIES>
<NUMBER> 10
<NAME> THE DLB STEWART IVORY EMERGING MARKETS FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 29,416,394
<INVESTMENTS-AT-VALUE> 25,600,884
<RECEIVABLES> 302,052
<ASSETS-OTHER> 523,378
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 26,426,314
<PAYABLE-FOR-SECURITIES> 504,458
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 72,204
<TOTAL-LIABILITIES> 576,662
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 26,137,325
<SHARES-COMMON-STOCK> 2,592,909
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (25,160)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,550,017
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,812,530)
<NET-ASSETS> 25,849,652
<DIVIDEND-INCOME> 478,399
<INTEREST-INCOME> 74,426
<OTHER-INCOME> 0
<EXPENSES-NET> 524,736
<NET-INVESTMENT-INCOME> 28,089
<REALIZED-GAINS-CURRENT> 3,496,768
<APPREC-INCREASE-CURRENT> (3,812,530)
<NET-CHANGE-FROM-OPS> (287,673)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,599,165
<NUMBER-OF-SHARES-REDEEMED> 6,256
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 25,849,652
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 374,811
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 590,421
<AVERAGE-NET-ASSETS> 29,986,673
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> (0.04)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.97
<EXPENSE-RATIO> 1.75
</TABLE>
