WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 032
<NAME> FundManager Portfolios
Growth with Income Portfolio
Class B
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Sep-30-2000
<PERIOD-END> Mar-31-2000
<INVESTMENTS-AT-COST> 19,136,971
<INVESTMENTS-AT-VALUE> 21,834,541
<RECEIVABLES> 0
<ASSETS-OTHER> 106,894
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,941,435
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 268,182
<TOTAL-LIABILITIES> 268,182
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,554,690
<SHARES-COMMON-STOCK> 35,317
<SHARES-COMMON-PRIOR> 16,448
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,420,993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,697,570
<NET-ASSETS> 553,674
<DIVIDEND-INCOME> 136,667
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 160,810
<NET-INVESTMENT-INCOME> (24,143)
<REALIZED-GAINS-CURRENT> 1,985,048
<APPREC-INCREASE-CURRENT> 292,757
<NET-CHANGE-FROM-OPS> 2,253,662
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 73,041
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15,752
<NUMBER-OF-SHARES-REDEEMED> 1,237
<SHARES-REINVESTED> 4,354
<NET-CHANGE-IN-ASSETS> 1,514,053
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 8,118,983
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 52,196
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 204,076
<AVERAGE-NET-ASSETS> 20,878,467
<PER-SHARE-NAV-BEGIN> 17.120
<PER-SHARE-NII> (0.160)
<PER-SHARE-GAIN-APPREC> 1.920
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 3.200
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 15.680
<EXPENSE-RATIO> 2.69
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
