<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> MONTAG & CALDWELL BALANCED FUND
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                      116,910,900
<INVESTMENTS-AT-VALUE>                     139,018,870
<RECEIVABLES>                                1,094,019
<ASSETS-OTHER>                                      22
<OTHER-ITEMS-ASSETS>                             6,959
<TOTAL-ASSETS>                             140,119,870
<PAYABLE-FOR-SECURITIES>                       244,654
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      204,710
<TOTAL-LIABILITIES>                            449,364
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   114,473,183
<SHARES-COMMON-STOCK>                        7,949,551
<SHARES-COMMON-PRIOR>                        5,167,798
<ACCUMULATED-NII-CURRENT>                      303,205
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,786,148
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    22,107,970
<NET-ASSETS>                               139,670,506
<DIVIDEND-INCOME>                              229,397
<INTEREST-INCOME>                            1,412,613
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 689,715
<NET-INVESTMENT-INCOME>                        952,295
<REALIZED-GAINS-CURRENT>                     2,819,314
<APPREC-INCREASE-CURRENT>                   10,563,907
<NET-CHANGE-FROM-OPS>                       14,335,516
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      834,653
<DISTRIBUTIONS-OF-GAINS>                     2,095,351
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     55,627,337
<NUMBER-OF-SHARES-REDEEMED>                 12,910,155
<SHARES-REINVESTED>                          2,828,759
<NET-CHANGE-IN-ASSETS>                      56,951,453
<ACCUMULATED-NII-PRIOR>                        185,563
<ACCUMULATED-GAINS-PRIOR>                    2,062,185
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          415,654
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                689,715
<AVERAGE-NET-ASSETS>                       111,759,717
<PER-SHARE-NAV-BEGIN>                            16.01
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                           1.94
<PER-SHARE-DIVIDEND>                            (0.13)
<PER-SHARE-DISTRIBUTIONS>                       (0.38)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              17.57
<EXPENSE-RATIO>                                   .013
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0