<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> 1838 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> 131,582,781
<INVESTMENTS-AT-VALUE> 129,260,564
<RECEIVABLES> 3,926,460
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 133,192,145
<PAYABLE-FOR-SECURITIES> 2,590,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66,679
<TOTAL-LIABILITIES> 2,656,679
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 136,380,986
<SHARES-COMMON-STOCK> 13,679,227
<SHARES-COMMON-PRIOR> 9,604,582
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (8,498)
<ACCUMULATED-NET-GAINS> (3,514,805)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,322,217)
<NET-ASSETS> 130,535,466
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,974,714
<OTHER-INCOME> 0
<EXPENSES-NET> 339,375
<NET-INVESTMENT-INCOME> 3,635,339
<REALIZED-GAINS-CURRENT> (1,850,402)
<APPREC-INCREASE-CURRENT> (831,133)
<NET-CHANGE-FROM-OPS> 953,804
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,864,041
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,024,040
<NUMBER-OF-SHARES-REDEEMED> 311,639
<SHARES-REINVESTED> 362,244
<NET-CHANGE-IN-ASSETS> 36,314,740
<ACCUMULATED-NII-PRIOR> 220,204
<ACCUMULATED-GAINS-PRIOR> (1,664,403)
<OVERDISTRIB-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 9.81
<PER-SHARE-NII> 0.31
<PER-SHARE-GAIN-APPREC> (0.25)
<PER-SHARE-DIVIDEND> (0.33)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.54
<EXPENSE-RATIO> 0.60
</TABLE>
