WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 052
<NAME> FundManager Portfolios
Managed Total Return
Class B
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Sep-30-2000
<PERIOD-END> Sep-30-2000
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<PAID-IN-CAPITAL-COMMON> (399,533)
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<APPREC-INCREASE-CURRENT> (18,856)
<NET-CHANGE-FROM-OPS> (368,377)
<EQUALIZATION> 0
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<NET-CHANGE-IN-ASSETS> (17,525,111)
<ACCUMULATED-NII-PRIOR> 244,103
<ACCUMULATED-GAINS-PRIOR> 146,125
<OVERDISTRIB-NII-PRIOR> 0
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<INTEREST-EXPENSE> 0
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<EXPENSE-RATIO> 2.70
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
