<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> MONTAG & CALDWELL BALANCED FUND
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                       71,040,168
<INVESTMENTS-AT-VALUE>                      82,584,231
<RECEIVABLES>                                  795,868
<ASSETS-OTHER>                                   1,356
<OTHER-ITEMS-ASSETS>                             6,670
<TOTAL-ASSETS>                              83,388,125
<PAYABLE-FOR-SECURITIES>                       577,478
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       91,594
<TOTAL-LIABILITIES>                            669,072
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    68,927,242
<SHARES-COMMON-STOCK>                        5,167,798
<SHARES-COMMON-PRIOR>                        2,202,131
<ACCUMULATED-NII-CURRENT>                      185,563
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,062,185
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    11,544,063
<NET-ASSETS>                                82,719,053
<DIVIDEND-INCOME>                              219,468
<INTEREST-INCOME>                            1,399,409
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 666,173
<NET-INVESTMENT-INCOME>                        952,704
<REALIZED-GAINS-CURRENT>                     2,102,297
<APPREC-INCREASE-CURRENT>                    7,581,239
<NET-CHANGE-FROM-OPS>                       10,636,240
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      837,377
<DISTRIBUTIONS-OF-GAINS>                     2,702,590
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     58,631,470
<NUMBER-OF-SHARES-REDEEMED>                 17,971,984
<SHARES-REINVESTED>                          3,490,623
<NET-CHANGE-IN-ASSETS>                      51,246,382
<ACCUMULATED-NII-PRIOR>                         70,787
<ACCUMULATED-GAINS-PRIOR>                    2,661,927
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          400,868
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                711,146
<AVERAGE-NET-ASSETS>                        53,449,048
<PER-SHARE-NAV-BEGIN>                            14.29
<PER-SHARE-NII>                                   0.25
<PER-SHARE-GAIN-APPREC>                           2.93
<PER-SHARE-DIVIDEND>                            (0.25)
<PER-SHARE-DISTRIBUTIONS>                       (1.21)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.01
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0