WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000934346
<NAME> LAKE FOREST FUNDS
<SERIES>
<NUMBER> 2
<NAME> CORE EQUITY FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-START> FEB-29-2000
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 11313
<INVESTMENTS-AT-VALUE> 16616
<RECEIVABLES> 862
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 17479
<PAYABLE-FOR-SECURITIES> 790
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18
<TOTAL-LIABILITIES> 808
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11355
<SHARES-COMMON-STOCK> 478
<SHARES-COMMON-PRIOR> 505
<ACCUMULATED-NII-CURRENT> (32)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 45
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5303
<NET-ASSETS> 16671
<DIVIDEND-INCOME> 93
<INTEREST-INCOME> 15
<OTHER-INCOME> 0
<EXPENSES-NET> 101
<NET-INVESTMENT-INCOME> 7
<REALIZED-GAINS-CURRENT> 40
<APPREC-INCREASE-CURRENT> 1560
<NET-CHANGE-FROM-OPS> 1607
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 34
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19
<NUMBER-OF-SHARES-REDEEMED> 48
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> 688
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4879
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 101
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 101
<AVERAGE-NET-ASSETS> 16020
<PER-SHARE-NAV-BEGIN> 31.66
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 3.30
<PER-SHARE-DIVIDEND> 0.07
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 34.90
<EXPENSE-RATIO> 1.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
