<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000945774
<NAME> PICTET FUNDS
<SERIES>
<NUMBER> 2
<NAME> PICTET INTERNATIONAL SMALL COMPANIES FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
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<PAID-IN-CAPITAL-COMMON> 6,721,251
<SHARES-COMMON-STOCK> 785,834
<SHARES-COMMON-PRIOR> 466,116
<ACCUMULATED-NII-CURRENT> (26,717)
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<DIVIDEND-INCOME> 24,467
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<NET-INVESTMENT-INCOME> (13,043)
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<APPREC-INCREASE-CURRENT> (63,122)
<NET-CHANGE-FROM-OPS> 1,501,150
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<NUMBER-OF-SHARES-SOLD> 328,744
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<NET-CHANGE-IN-ASSETS> 5,412,870
<ACCUMULATED-NII-PRIOR> (13,674)
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<PER-SHARE-NII> (.01)
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</TABLE>
