1838 INVESTMENT ADVISORS FUNDS
NSAR-B, EX-27.2, 2000-12-29
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<TABLE> <S> <C>


<ARTICLE>                                            6
<SERIES>
   <NUMBER>                   1
   <NAME>                     1838 International Equity 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>                          91,765,723
<INVESTMENTS-AT-VALUE>                         103,852,186
<RECEIVABLES>                                  117,262
<ASSETS-OTHER>                                 10,201
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 103,979,649
<PAYABLE-FOR-SECURITIES>                       2,160,681
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      133,373
<TOTAL-LIABILITIES>                            2,294,054
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       78,958,258
<SHARES-COMMON-STOCK>                          6,967,380
<SHARES-COMMON-PRIOR>                          5,938,529
<ACCUMULATED-NII-CURRENT>                      0
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        10,647,756
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       12,079,581
<NET-ASSETS>                                   101,685,595
<DIVIDEND-INCOME>                              1,064,680
<INTEREST-INCOME>                              124,550
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 1,148,691
<NET-INVESTMENT-INCOME>                        40,539
<REALIZED-GAINS-CURRENT>                       10,602,958
<APPREC-INCREASE-CURRENT>                      (7,124,789)
<NET-CHANGE-FROM-OPS>                          3,518,708
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      7,576
<DISTRIBUTIONS-OF-GAINS>                       4,661,343
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        1,773,654
<NUMBER-OF-SHARES-REDEEMED>                    1,022,731
<SHARES-REINVESTED>                            277,928
<NET-CHANGE-IN-ASSETS>                         15,138,569
<ACCUMULATED-NII-PRIOR>                        7,585
<ACCUMULATED-GAINS-PRIOR>                      4,661,312
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          785,842
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                1,148,691
<AVERAGE-NET-ASSETS>                           104,769,831
<PER-SHARE-NAV-BEGIN>                          14.57
<PER-SHARE-NII>                                0.01
<PER-SHARE-GAIN-APPREC>                        0.78
<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      (0.77)
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            14.59
<EXPENSE-RATIO>                                1.10



</TABLE>


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