N-CSRS

                               United States
                    Securities and Exchange Commission
                          Washington, D.C. 20549

                                Form N-CSR
Certified Shareholder Report of Registered Management Investment Companies




                                 811-09481

                   (Investment Company Act File Number)


                            HUNTINGTON VA FUNDS

             (Exact Name of Registrant as Specified in Charter)



                           5800 Corporate Drive
                    Pittsburgh, Pennsylvania 15237-7010
                  (Address of Principal Executive Offices)

                              1-800-544-8347
                      (Registrant's Telephone Number)


                           Ronald J. Corn, Esq.
                       The Huntington National Bank
                           41 South High Street
                           Columbus, Ohio 43287
                  (Name and Address of Agent for Service)
             (Notices should be sent to the Agent for Service)

                                Copies to:
                          Alyssa Albertelli, Esq.
                               Ropes & Gray
                            One Franklin Square
                            1301 K Street, N.W.
                              Suite 800 East
                           Washington, DC 20005



                Date of Fiscal Year End: December 31, 2003


         Date of Reporting Period: Six months ended June 30, 2003





Item 1.     Reports to Stockholders

Huntington VA Growth Fund

Portfolio of Investments
June 30, 2003 (Unaudited)

Shares		Value
COMMON STOCKS -- 91.4%
	Apparel & Textiles -- 1.9%
3,750	Cintas Corp.	$ 132,900
	Banks -- 8.1%
3,852	BB&T Corp.	132,124
5,418	Citigroup, Inc.	231,890
1,933	State Street Corp.	76,160
3,383	Washington Mutual, Inc.	139,718
		579,892
	Broadcast Services & Programming -- 0.8%
4,923	Liberty Media Corp., Class A (b)	56,910
	Chemicals -- 3.4%
3,925	Du Pont (E.I.) de Nemours & Co.	163,437
3,149	Ecolab, Inc.	80,614
		244,051
	Computer Services -- 0.5%
1,393	Sungard Data Systems, Inc. (b)	36,093
	Computers -- 8.5%
1,094	Cisco Systems, Inc. (b)	18,259
647	Computer Sciences Corp. (b)	24,664
1,698	Dell Computer Corp. (b)	54,268
235	Electronic Data Systems Corp.	5,041
620	EMC Corp. (b)	6,491
3,712	Hewlett Packard Co.	79,066
1,399	International Business Machines Corp.	115,418
7,308	Microsoft Corp.	187,157
342	Network Appliance, Inc. (b)	5,544
8,620	Oracle Corp. (b)	103,612
859	Sun Microsystems, Inc. (b)	3,951
		603,471
	Cosmetics/Toiletries -- 2.6%
2,088	Colgate-Palmolive Co.	120,999
754	Procter & Gamble Co.	67,242
		188,241
	Drugs & Health Care -- 8.3%
2,691	Abbott Laboratories, Inc.	117,758
2,290	IMS Health, Inc.	41,197
2,062	Merck & Co., Inc.	124,854
6,352	Pfizer, Inc.	216,921
1,483	Schering-Plough Corp.	27,584
1,355	Wyeth	61,720
		590,034
	Electric Utility -- 0.1%
187	Duke Energy Corp.	3,731
	Electronic Components/Instruments -- 0.1%
2,201	Solectron Corp. (b)	8,232
	Financial Services -- 6.0%
3,591	American Express Co.	150,139
1,296	Fannie Mae	87,402
2,169	Franklin Resources, Inc.	84,743
2,854	T. Rowe Price Group, Inc.	107,739
		430,023
	Food & Beverages--1.4%
12	J.M. Smuckers Co.	$ 479
165	Tyson Foods, Inc., Class A	1,752
1,800	Wm. Wrigley Jr. Co.	101,214
		103,445
	Industrial Conglomerates -- 6.5%
11,235	General Electric Co.	322,220
2,206	Illinois Tool Works, Inc.	145,265
		467,485
	Instruments - Scientific -- 0.2%
378	Millipore Corp. (b)	16,772
	Insurance -- 4.0%
2,578	American International Group, Inc.	142,254
2	Berkshire Hathaway, Inc., Class A (b)	145,000
		287,254
	Medical & Medical Services -- 5.0%
1,272	Cardinal Health, Inc.	81,790
2,827	Johnson & Johnson, Inc.	146,155
2,015	Medtronic, Inc.	96,660
515	Stryker Corp.	35,726
		360,331
	Miscellaneous Business Services -- 3.7%
7,887	Automatic Data Processing, Inc.	267,054
	Multimedia -- 0.8%
3,787	AOL Time Warner, Inc. (b)	60,933
	Office Supplies -- 2.3%
3,337	Avery Dennison Corp.	167,517
	Petroleum & Petroleum Products -- 6.3%
5,517	Anadarko Petroleum Corp.	245,341
4,333	Schlumberger, Ltd.	206,121
		451,462
	Printing & Publishing -- 2.4%
1,601	Media General, Inc., Class A	91,577
1,798	Viacom, Inc., Class B (b)	78,501
		170,078
	Property & Casualty Insurance -- 0.4%
1,327	Travelers Property Casualty Corp., Class A	21,099
487	Travelers Property Casualty Corp., Class B	7,680
		28,779
	Retail -- 8.5%
6,278	Home Depot, Inc.	207,927
3,839	Kohl's Corp. (b)	197,248
1,441	Wal-Mart Stores, Inc.	77,338
4,060	Walgreen Co.	122,206
		604,719
	Semi-Conductors/Instruments -- 3.0%
3,784	Analog Devices, Inc. (b)	131,759
663	Applied Materials, Inc. (b)	10,515
3,074	Intel Corp.	63,890
618	Texas Instruments, Inc.	10,877
		217,041
COMMON STOCKS -- (continued)
	Telephone & Telecommunications -- 3.2%
565	Qualcomm, Inc.	$ 20,199
4,301	Verizon Communications, Inc.	169,674
2,198	Vodafone Group PLC, ADR	43,191
		233,064
	Transport - Marine -- 0.7%
1,539	Carnival Corp.	50,033
	Wholesale Distribution -- 2.7%
6,525	SYSCO Corp.	196,011
	Total Common Stocks (Cost $6,710,720)	6,555,556
MUTUAL FUNDS -- 2.5%
	Exchange Traded Funds -- 2.5%
2,675	Nasdaq 100 Index Fund	$ 80,116
1,020	SPDR Trust Series 1	99,583
	Total Mutual Funds (Cost $177,194)	179,699
CASH EQUIVALENT -- 12.9%
924,940	Huntington Money Market Fund, Interfund Class*	924,940
	Total Cash Equivalent (Cost $924,940)	924,940
	Total (Cost $7,812,854) (a)	$ 7,660,195

Huntington VA Income Equity Fund

Portfolio of Investments
June 30, 2003 (Unaudited)

Shares		Value
COMMON STOCKS -- 85.1%
	Amusement & Recreation Services -- 1.8%
9,400	Cedar Fair, LP	$ 263,200
	Auto/Truck Parts & Equipment -- 1.9%
4,100	General Motors Corp.	147,600
4,200	Genuine Parts Co.	134,442
		282,042
	Banks -- 14.1%
3,375	Bank of America Corp.	266,726
4,800	BB&T Corp.	164,640
4,100	Citigroup, Inc.	175,480
6,000	FleetBoston Financial Corp.	178,260
4,325	J.P. Morgan Chase & Co.	147,829
7,950	National City Corp.	260,045
11,100	U.S. Bancorp	271,949
4,800	Wachovia Corp.	191,808
9,607	Washington Federal, Inc.	222,210
5,250	Washington Mutual, Inc.	216,825
		2,095,772
	Capital Goods -- 2.0%
4,800	Black & Decker Corp.	208,560
2,000	Diebold, Inc.	86,500
		295,060
	Chemicals -- 3.7%
3,480	Du Pont (E.I.) de Nemours & Co.	144,907
8,050	Eastman Chemical Co.	254,944
3,000	PPG Industries, Inc.	152,220
		552,071
	Computer Services -- 0.7%
2,600	Pitney Bowes, Inc.	99,866
	Diversified Operations -- 1.9%
5,900	Acuity Brands, Inc.	107,203
9,500	Federal Signal Corp.	166,915
		274,118
	Drugs & Health Care -- 3.5%
2,500	Abbott Laboratories, Inc.	109,400
4,950	Bristol-Myers Squibb Co.	134,393
8,000	Schering-Plough Corp.	148,799
2,650	Wyeth	120,708
		513,300
	Electric, Gas, & Sanitary Services -- 1.2%
9,200	Nisource, Inc.	174,800
	Electrical Services -- 5.9%
3,000	American Electric Power Co., Inc.	89,490
4,300	Cooper Industries Ltd., Class A	177,590
5,100	Emerson Electric Co.	260,610
3,700	Exelon Corp.	221,297
10,000	Teco Energy, Inc.	119,900
		868,887
	Food & Beverages -- 3.8%
5,400	Conagra Foods, Inc.	$ 127,440
2,700	H.J. Heinz Co.	89,046
6,400	SUPERVALU, Inc.	136,448
6,000	UST, Inc.	210,180
		563,114
	Gas & Natural Gas -- 1.8%
1,700	NICOR, Inc.	63,087
4,600	Peoples Energy Corp.	197,294
		260,381
	Household Products -- 4.0%
1,550	Clorox Co.	66,108
5,900	Leggett & Platt, Inc.	120,950
6,300	Newell Rubbermaid, Inc.	176,400
9,200	RPM, Inc.	126,500
6,850	Tupperware Corp.	98,366
		588,324
	Industrial -- 3.4%
10,600	General Electric Co.	304,008
9,300	Standex International Corp.	195,300
		499,308
	Insurance -- 3.6%
1,200	Cigna Corp.	56,328
7,000	Cincinnati Financial Corp.	259,630
6,025	Lincoln National Corp.	214,671
		530,629
	Machinery -- 0.6%
1,550	Caterpillar, Inc.	86,273
	Medical & Medical Services -- 0.6%
1,800	Johnson & Johnson, Inc.	93,060
	Miscellaneous Business Services -- 2.3%
6,000	Automatic Data Processing, Inc.	203,160
3,000	Deluxe Corp.	134,400
		337,560
	Oil Companies - Integrated -- 2.9%
4,600	Kerr-Mcgee Corp.	206,080
6,500	Occidental Petroleum Corp.	218,075
		424,155
	Petroleum & Petroleum Products -- 6.4%
1,562	ChevronTexaco Corp.	112,776
3,917	ConocoPhillips	214,652
6,700	Exxon Mobil Corp.	240,597
4,100	Royal Dutch Petroleum Co., ADR	191,142
4,800	Sunoco, Inc.	181,152
		940,319
	Printing & Publishing -- 0.8%
4,400	R.R. Donnelley & Sons Co.	115,016
	Railroad Equipment -- 1.8%
15,900	GATX Corp.	259,965
Shares or Principal Amount		Value
COMMON STOCKS -- (continued)
	Real Estate Investment Trusts -- 7.9%
2,550	General Growth Properties	$ 159,222
5,200	Health Care Property Investors, Inc.	220,220
7,350	Mack-Cali Realty Corp.	267,393
17,900	Nationwide Health Properties, Inc.	285,147
5,800	Simon Property Group, Inc.	226,374
		1,158,356
	Retail -- 1.4%
9,515	May Department Stores Co.	211,804
	Steel -- 1.0%
11,400	Worthington Industries, Inc.	152,760
	Telephone & Telecommunications -- 3.7%
4,400	Alltel Corp.	212,167
7,550	SBC Communications, Inc.	192,903
3,471	Verizon Communications, Inc.	136,931
		542,001
	Tools & Accessories -- 2.4%
5,800	Snap-On, Inc.	168,374
6,700	Stanley Works, The	184,920
		353,294
	Total Common Stocks (Cost $12,262,765)	12,535,435
CORPORATE BONDS (1.8%)
	Banks -- 0.4%
$ 50,000	Bank One Corp., 8.000%, 4/29/27	65,673
	Foreign Banks -- 0.5%
50,000	Quebec Province, 7.500%, 9/15/29	66,638
	Machinery - Farm -- 0.5%
50,000	Deere & Co., 8.100%, 5/15/30	67,082
	Telephone & Telecommunications -- 0.4%
50,000	Bell Atlantic New Jersey, Inc., 7.850%, 11/15/29	64,179
	Total Corporate Bonds (Cost $198,638)	263,572
CASH EQUIVALENT -- 12.7%
1,875,283	Huntington Money Market Fund, Interfund Class*	1,875,283
	Total Cash Equivalent (Cost $1,875,283)	1,875,283
	Total (Cost $14,336,686) (a)	$ 14,674,290

Huntington VA Rotating Markets Fund

Portfolio of Investments
June 30, 2003 (Unaudited)

Shares		Value
MUTUAL FUNDS -- 91.7 %
2,499	iShares Russell 1000 Growth Fund	$ 102,584
9,867	iShares Russell 1000 Index Fund	513,973
2,006	iShares Russell 1000 Value Fund	101,443
36	iShares Russell Midcap Growth Fund	2,219
4,172	iShares S&P 500 Index Fund	407,938
2,156	iShares S&P 500/Barra Fund	102,841
2,065	iShares S&P 500/Barra Growth Index Fund	102,424
7,115	Nasdaq 100 Index Fund	213,094
5,248	SPDR Trust Series 1	512,363
	Total Mutual Funds (Cost $1,892,247)	2,058,879
CASH EQUIVALENT -- 8.2 %
183,086	Huntington Money Market Fund, Interfund Class*	183,086
	Total Cash Equivalent (Cost $183,086)	183,086
	Total (Cost $2,075,333) (a)	$ 2,241,965

Huntington VA Dividend Capture Fund

Portfolio of Investments
June 30, 2003 (Unaudited)

Shares		Value
COMMON STOCKS -- 54.2 %
	Aerospace & Defense -- 1.0%
3,000	Raytheon Co.	$ 98,520
	Agricultural Operations -- 0.5%
2,250	Monsanto Co.	48,690
	Auto/Truck Parts & Equipment -- 1.2%
4,000	Delphi Corp.	34,520
4,250	Ford Motor Co.	46,708
1,000	General Motors Corp.	36,000
		117,228
	Banks -- 7.4%
1,750	Bank of America Corp.	138,303
2,100	Citigroup, Inc.	89,880
5,000	J.P. Morgan Chase & Co.	170,899
2,000	Regions Financial Corp.	67,560
2,000	Union Planters Corp.	62,060
2,000	Wachovia Corp.	79,920
1,100	Washington Federal, Inc.	25,443
2,000	Washington Mutual, Inc.	82,600
		716,665
	Chemicals -- 0.6%
1,100	PPG Industries, Inc.	55,814
	Consumer Products/Services -- 0.6%
1,150	Fortune Brands, Inc.	60,030
	Diversified Operations -- 0.6%
400	Eaton Corp.	31,444
750	Textron, Inc.	29,265
		60,709
	Drugs & Health Care -- 0.4%
1,000	Pfizer, Inc.	34,150
	Electric Utility -- 1.2%
1,000	Detroit Edison Co.	38,640
1,250	Exelon Corp.	74,763
		113,403
	Electrical Equipment -- 1.2%
2,000	Cooper Industries Ltd., Class A	82,600
1,250	Rockwell International Corp.	29,800
		112,400
	Entertainment -- 0.1%
500	The Walt Disney Co.	9,875
	Financial Services -- 1.3%
3,000	American Capital Strategies	74,820
1,000	Hartford Financial Services Group, Inc.	50,360
		125,180
	Food & Beverages -- 0.4%
2,000	SUPERVALU, Inc.	42,640
	Gas & Natural Gas -- 1.1%
3,000	Keyspan Corp.	106,350
	Household Products -- 0.3%
2,000	Kimball International, Inc., Class B	31,200
	Insurance -- 5.0%
3,000	ACE Ltd.	$ 102,870
3,000	Allstate Corp.	106,950
2,000	Cigna Corp.	93,880
1,600	Cincinnati Financial Corp.	59,344
3,000	Jefferson-Pilot Corp.	124,379
		487,423
	Metals & Mining -- 1.0%
500	Alcan Aluminum Ltd.	15,645
4,500	Timken Co.	78,795
		94,440
	Miscellaneous Business Services -- 0.4%
1,500	Ryder System, Inc.	38,430
	Oil Companies - Integrated -- 2.3%
750	Halliburton Co.	17,250
1,750	Kerr-Mcgee Corp.	78,400
3,750	Occidental Petroleum Corp.	125,813
		221,463
	Paperboard Containers & Boxes -- 0.4%
900	Bemis Co.	42,120
	Petroleum & Petroleum Products -- 2.6%
2,000	ConocoPhillips	109,600
4,300	Marathon Oil Corp.	113,304
700	Sunoco, Inc.	26,418
		249,322
	Real Estate Investment Trusts -- 19.1%
1,150	Apartment Investment & Management Co.	39,790
2,500	Archstone-Smith Trust	60,000
2,750	Arden Realty, Inc.	71,363
2,500	Avalonbay Communities, Inc.	106,599
1,750	Bedford Property Investors, Inc.	49,700
2,750	Brandywine Realty Trust	67,705
2,000	Capital Automotive Real Estate Investment Trust, Inc.	55,980
2,000	CarrAmerica Realty Corp.	55,620
500	CBL & Associates Properties, Inc.	21,500
750	Commercial NET Lease Realty	12,930
1,500	Developers Diversified Realty Corp.	42,660
1,000	EastGroup Properties, Inc.	27,000
3,000	Entertainment Properties	86,250
7,500	Equity Inns, Inc.	51,750
5,000	Equity Office Properties Trust	135,049
2,000	Equity Residential Properties Trust	51,900
2,000	First Industrial Realty Trust, Inc.	63,200
4,000	Glenborough Realty Trust, Inc.	76,600
4,000	Great Lakes Real Estate Investment Trust, Inc	64,000
2,000	Health Care Real Estate Investment Trust, Inc.	61,000
250	Healthcare Realty Trust, Inc.	7,288
500	Hospitality Properties Trust	15,625
4,500	HRPT Properties Trust	41,400
3,250	Koger Equity, Inc.	55,998
5,250	Kramont Realty Trust	86,625
1,500	Liberty Property Trust	51,900
COMMON STOCKS -- (continued)
	Real Estate Investment Trusts -- (continued)
2,000	Macerich Co.	$ 70,260
1,000	Mack-Cali Realty Corp.	36,380
1,500	Mid-America Apartment Communities, Inc.	40,515
4,000	New Plan Excel Realty Trust	85,400
1,500	Simon Property Group, Inc.	58,545
1,500	Sovran Self Storage, Inc.	47,250
500	Vornado Realty Trust	21,800
2,500	Winston Hotels, Inc.	20,425
		1,840,007
	Restaurants -- 1.0%
3,500	Bob Evans Farms, Inc.	96,705
	Retail -- 1.3%
3,250	J.C. Penney Co., Inc.	54,763
2,000	Sears, Roebuck & Co.	67,280
		122,043
	Telephone & Telecommunications -- 2.5%
2,400	Alltel Corp.	115,728
4,750	BellSouth Corp.	126,493
		242,221
	Textiles -- 0.5%
1,500	V.F. Corp.	50,955
	Tires & Tubes -- 0.2%
1,325	Cooper Tire & Rubber Co.	23,307
	Total Common Stocks (Cost $4,903,917)	5,241,290
PREFERRED STOCK -- 37.3%
	Auto-Cars/Light Trucks -- 1.0%
4,000	General Motors Corp., 7.375%	100,800
	Bank Holding Companies -- 3.0%
2,150	Bank One Capital I, 8.000%	57,534
5,500	RenaissanceRe Holdings Ltd., Series B, 7.300%	146,300
3,000	Suntrust Capital IV, 7.125%	81,780
		285,614
	Brokerage Services -- 2.0%
5,000	Bear Stearns Capital Trust II, 7.500%	127,250
2,500	Lehman Bros. Holding Capital Trust, 8.000%	65,275
		192,525
	Commercial Banks -- 5.3%
6,000	ASBC Capital I, 7.625%	165,000
8,000	Compass Capital, 7.350%	217,600
5,000	PLC Capital Trust, 7.250%	134,650
		517,250
	Computer Services -- 0.3%
1,400	Electronic Data Systems, 7.625%	30,870
	Electrical Services -- 6.5%
5,000	Detroit-Edison Corp. 7.375%	127,000
5,000	Energy East Capital Trust I, 8.250%	138,250
7,000	Entergy LA, Inc., 7.600%	192,500
6,500	FPC Capital I, Series A, 7.100%	166,075
		623,825
	Financial Services -- 9.6%
650	BancWest Capital I, 9.500%	$ 18,857
5,000	Everest Cap Trust, 7.850%	137,450
3,500	Hartford Life Capital II, Series B, 7.625%	96,040
3,500	Household Capital Trust V, Series X, 10.000%	98,525
8,500	Merrill Lynch Capital Trust V, 7.280% (b)	236,555
5,100	Morgan Stanley Capital Trust II, 7.250%	138,720
7,800	National Commerce Capital Trust II, 7.700%	212,550
		938,697
	Fire, Marine & Casualty Insurance -- 2.6%
5,000	Ace Ltd., Series C, 7.800%	126,250
4,500	PartnerRe Capital Trust I, 7.900%	121,950
		248,200
	Life/Health Insurance -- 3.3%
4,000	Aetna, Inc., 8.500%	110,280
7,500	Lincoln National Capital V, Series E, 7.650%	205,575
		315,855
	Natural Gas Transmission -- 1.6%
5,500	Dominion CNG Capital Trust I, 7.800%	151,470
	Real Estate Investment Trusts -- 2.1%
7,500	Public Storage, Series R, 8.000%	202,125
	Total Preferred Stock (Cost $3,517,735)	3,607,231
MUTUAL FUNDS -- 2.7 %
	Exchange Traded Funds -- 2.7%
8,500	AMEX Technology Select Sector	145,095
3,750	Nasdaq 100 Index Fund	112,313
	Total Mutual Funds (Cost $234,682)	257,408
CASH EQUIVALENT -- 6.6 %
639,926	Huntington Money Market Fund, Interfund Class*	639,926
	Total Cash Equivalent (Cost $639,926)	639,926
	Total (Cost $9,296,260) (a)	$ 9,745,855

Huntington VA Mid Corp America Fund

Portfolio of Investments
June 30, 2003 (Unaudited)

Shares		Value
COMMON STOCKS -- 81.8%
	Aerospace & Defense -- 0.3%
375	Alliant Techsystems, Inc. (b)	$ 19,466
	Amusement & Recreation Services -- 0.1%
300	Boyd Gaming Corp. (b)	5,178
	Apparel & Textiles -- 2.4%
1,227	Columbia Sportswear Co. (b)	63,080
300	G & K Services, Inc., Class A	8,880
228	Jones Apparel Group, Inc. (b)	6,671
744	Liz Claiborne, Inc.	26,226
400	Reebok International Ltd. (b)	13,452
1,400	UniFirst Corp.	30,660
		148,969
	Auto/Truck Parts & Equipment -- 1.2%
100	Cummins Engine, Inc.	3,589
748	Johnson Controls, Inc.	64,028
195	Superior Industries International, Inc.	8,132
		75,749
	Banks -- 5.9%
1,200	Amcore Financial, Inc.	27,936
700	BancorpSouth, Inc.	14,595
1,700	Banknorth Group, Inc.	43,384
618	BOK Financial Corp. (b)	23,836
1,100	Chittenden Corp.	30,085
821	Compass Bancshares, Inc.	28,678
15	Fulton Financial Corp.	298
900	M & T Bank Corp.	75,798
1,200	MAF Bancorp, Inc.	44,484
500	National Commerce Financial Corp.	11,095
1,100	Old National Bancorp	25,300
1,200	Provident Bankshares Corp.	30,492
182	TCF Financial Corp.	7,251
		363,232
	Beer, Wine, & Distilled Beverages -- 0.7%
860	Adolph Coors Co., Class B	42,123
	Biotechnology -- 1.1%
586	Cephalon, Inc. (b)	24,120
1,178	Invitrogen Corp. (b)	45,200
		69,320
	Building & Construction -- 3.8%
800	Beazer Homes USA, Inc. (b)	66,800
700	Centex Corp.	54,453
500	Florida Rock Industries	20,640
938	Insituform Technologies, Inc., Class A (b)	16,584
700	Lafarge North America Corp.	21,630
961	Pulte Homes, Inc.	59,255
		239,362
	Business Services -- 0.2%
640	Viad Corp.	14,330
	Chemicals -- 1.3%
200	Albemarle Corp.	5,594
658	Cytec Industries, Inc. (b)	22,240
307	H.B. Fuller Co.	6,760
	Chemicals -- (continued)
760	Lubrizol Corp.	$ 23,552
500	Minerals Technologies, Inc.	24,331
		82,477
	Circuits -- 0.2%
900	Integrated Device Technology, Inc. (b)	9,945
	Communications Equipment -- 2.1%
1,300	Advanced Fibre Communications, Inc. (b)	21,151
1,400	Enterasys Networks, Inc. (b)	4,242
200	Harris Corp.	6,010
1,859	L-3 Communications Corp. (b)	80,847
828	Scientific-Atlanta, Inc.	19,740
		131,990
	Computer Services -- 2.1%
450	Activision, Inc. (b)	5,814
259	Affiliated Computer Services, Inc. (b)	11,844
600	CACI International, Inc., Class A (b)	20,580
1,800	Intergraph Corp. (b)	38,700
2,900	JDA Software Group, Inc. (b)	32,451
300	Pinnacle Systems, Inc. (b)	3,210
741	Sungard Data Systems, Inc. (b)	19,199
		131,798
	Computers -- 0.9%
1,200	Advanced Digital Information Corp. (b)	11,988
274	NCR Corp. (b)	7,020
100	Sandisk Corp. (b)	4,035
1,300	Storage Technology Corp. (b)	33,462
		56,505
	Computers, Peripherals & Software -- 1.5%
400	Borland Software Corp. (b)	3,908
1,200	Citrix Systems, Inc. (b)	24,432
600	Cognos, Inc. (b)	16,200
800	NetIQ Corp. (b)	12,368
1,000	Novell, Inc. (b)	3,080
540	Progress Software Corp. (b)	11,194
1,600	Rainbow Technologies, Inc. (b)	13,456
600	Sybase, Inc. (b)	8,346
		92,984
	Consulting Services -- 0.7%
2,610	Forrester Research, Inc. (b)	42,700
	Containers - Paper/Plastic -- 0.3%
800	Pactiv Corp. (b)	15,768
	Diversified Operations -- 1.6%
2,900	Griffon Corp. (b)	46,400
321	Teleflex, Inc.	13,659
1,100	Textron, Inc.	42,922
		102,981
	Drugs & Health Care -- 1.3%
490	Barr Laboratories, Inc. (b)	32,095
1,296	ICN Pharmaceuticals, Inc.	21,721
835	Mylan Laboratories, Inc.	29,033
		82,849
COMMON STOCKS -- (continued)
	E-Commerce & Services -- 0.5%
800	Interactivecorp, Inc. (b)	$ 31,656
	Electrical Components -- 1.7%
300	Aeroflex, Inc. (b)	2,322
100	C&D Technologies, Inc.	1,436
900	Elbit Systems Ltd.	17,460
1,100	Intersil Corp., Class A (b)	29,271
1,300	Rayovac Corp. (b)	16,835
2,000	Thomas & Betts Corp. (b)	28,900
981	Vishay Intertechnology, Inc. (b)	12,949
		109,173
	Electrical Equipment -- 0.7%
956	Cooper Industries Ltd., Class A	39,483
100	PerkinElmer, Inc.	1,381
		40,864
	Electrical Services -- 0.9%
888	Allete, Inc.	23,576
100	DP&L, Inc.	1,594
1,091	Energy East Corp.	22,649
529	Teco Energy, Inc.	6,343
		54,162
	Electronic Components -- 0.0%
100	Benchmark Electronics, Inc. (b)	3,076
	Environmental Services -- 0.4%
700	Stericycle, Inc. (b)	26,936
	Financial Services -- 6.1%
550	Allied Capital Corp.	12,705
1,100	Ambac Financial Group, Inc.	72,874
584	AmeriCredit Corp. (b)	4,993
737	Bear Stearns Companies, Inc.	53,374
859	City National Corp.	38,277
1,300	Cullen/Frost Bankers, Inc.	41,730
541	Federal Agricultural Mortgage Corp., Class C (b)	12,091
700	First American Financial Corp.	18,445
1,132	First Tennessee National Corp.	49,706
700	Firstmerit Corp.	16,002
678	Legg Mason, Inc.	44,036
500	Wilmington Trust Corp.	14,675
		378,908
	Food & Beverages -- 2.3%
1,300	Constellation Brands, Inc. (b)	40,820
1,500	McCormick & Co., Inc.	40,800
1,211	Ralcorp Holding, Inc. (b)	30,227
300	Smithfield Foods, Inc. (b)	6,876
634	SUPERVALU, Inc.	13,517
870	Tyson Foods, Inc., Class A	9,239
		141,479
	Gas & Natural Gas -- 4.1%
1,400	AGL Resources	35,616
1,100	Atmos Energy Corp.	27,280
700	Keyspan Corp.	24,815
1,081	MDU Resources Group, Inc.	36,203
	Gas & Natural Gas -- (continued)
600	National Fuel Gas Co.	$ 15,630
1,200	New Jersey Resources Corp.	42,600
800	Peoples Energy Corp.	34,312
1,164	Questar Corp.	38,959
		255,415
	Health Care Equipment & Supplies -- 0.8%
470	Hillenbrand Industries, Inc.	23,712
1,400	Viasys Healthcare, Inc. (b)	28,980
		52,692
	Household Products -- 1.4%
720	Church & Dwight Co., Inc.	23,566
900	Ferro Corp.	20,277
1,500	RPM, Inc.	20,625
330	Whirlpool Corp.	21,021
		85,489
	Insurance -- 3.3%
1,100	Allmerica Financial Corp. (b)	19,789
843	Fidelity National Financial, Inc.	25,931
930	Nationwide Financial Services, Inc.	30,225
533	Old Republic International Corp.	18,266
443	PMI Group, Inc.	11,890
1,223	Protective Life Corp.	32,715
727	Torchmark Corp.	27,081
700	Triad Guaranty, Inc. (b)	26,565
1,300	UnumProvident Corp.	17,433
		209,895
	Lasers - Systems/Components -- 0.1%
340	Coherent, Inc. (b)	8,136
	Leisure -- 0.8%
500	Brunswick Corp.	12,510
485	Callaway Golf Co.	6,412
1,282	Royal Caribbean Cruises Ltd.	29,691
		48,613
	Machinery -- 1.6%
100	AptarGroup, Inc.	3,600
1,300	Kadant, Inc. (b)	24,375
719	Kennametal, Inc.	24,331
536	Parker Hannifin Corp.	22,507
684	Tecumseh Products Co., Class A	26,204
		101,017
	Measuring Devices -- 1.1%
188	FLIR Systems, Inc. (b)	5,668
407	Tektronix, Inc. (b)	8,791
1,789	Thermo Electron Corp. (b)	37,605
800	Trimble Navigation Ltd. (b)	18,344
		70,408
	Medical & Medical Services -- 3.5%
500	Coventry Health Care, Inc. (b)	23,080
500	Incyte Genomics, Inc. (b)	2,320
633	Lincare Holdings, Inc. (b)	19,946
1,120	Owens & Minor, Inc.	25,032
500	Oxford Health Plans, Inc. (b)	21,015
1,000	Pediatrix Medical Group, Inc. (b)	35,650
COMMON STOCKS -- (continued)
	Medical & Medical Services -- (continued)
600	Renal Care Group, Inc. (b)	$ 21,126
900	Respironics, Inc. (b)	33,768
604	St. Jude Medical, Inc. (b)	34,730
		216,667
	Medical Instruments -- 0.0%
100	Apogent Technologies, Inc. (b)	2,000
	Metal Processors & Fabrication -- 0.8%
1,600	Precision Castparts Corp.	49,760
	Miscellaneous Business Services -- 1.9%
100	Cadence Design Systems, Inc. (b)	1,206
200	Electronic Arts, Inc. (b)	14,798
900	EMCOR Group, Inc. (b)	44,424
752	NCO Group, Inc. (b)	13,468
900	Ryder System, Inc.	23,058
400	Symantec Corp. (b)	17,544
1,000	US Oncology, Inc. (b)	7,390
		121,888
	Office Equipment & Services -- 0.3%
2,000	IKON Office Solutions, Inc.	17,800
	Oil & Gas - Exploration & Production -- 1.5%
1,007	Devon Energy Corp.	53,774
1,000	Suncor Energy, Inc.	18,750
800	Unocal Corp.	22,952
		95,476
	Oil Equipment & Services -- 0.1%
207	Weatherford International, Inc. (b)	8,673
	Paper & Paper Products -- 0.7%
1,200	Rock-Tenn Co.	20,340
1,500	Smurfit-Stone Container Corp. (b)	19,545
249	Sonoco Products Co.	5,981
		45,866
	Paperboard Containers & Boxes -- 0.6%
800	Bemis Co.	37,440
	Personal Products -- 0.7%
2,200	NBTY, Inc. (b)	46,332
	Petroleum & Petroleum Products -- 5.0%
1,378	Apache Corp.	89,652
958	Chesapeake Energy Corp. `	9,676
600	Forest Oil Corp. (b)	15,072
100	Helmerich & Payne, Inc.	2,920
800	Murphy Oil Corp.	42,080
2,250	Patina Oil & Gas Corp.	72,338
1,369	Tidewater, Inc.	40,208
543	Unit Corp. (b)	11,354
509	Valero Energy Corp.	18,492
1,300	Vintage Petroleum, Inc.	14,664
		316,456
	Pharmaceuticals -- 0.9%
700	Biovail Corp. (b)	32,942
700	Omnicare Inc.	23,653
		56,595
	Pipelines -- 0.7%
900	Enbridge Energy Partners LP	$ 43,110
	Pollution Control -- 0.2%
579	Pall Corp.	13,028
	Printing & Publishing -- 1.1%
900	Banta Corp.	29,133
1,168	Paxar Corp. (b)	12,848
1,000	R.R. Donnelley & Sons Co.	26,140
		68,121
	Real Estate Investment Trust -- 0.3%
527	LNR Property Corp.	19,710
	Restaurants -- 0.9%
758	Applebee's International, Inc.	23,823
330	Brinker International, Inc. (b)	11,887
400	Papa John's International, Inc. (b)	11,220
378	Ruby Tuesday, Inc.	9,348
		56,278
	Retail -- 3.0%
549	Abercrombie & Fitch Co., Class A (b)	15,597
1,100	AnnTaylor Stores Corp. (b)	31,845
1,200	Furniture Brands International, Inc. (b)	31,320
600	Nieman Marcus Group, Inc. (b)	21,960
1,579	Nordstrom, Inc.	30,822
1,000	Sonic Automotives, Inc. (b)	21,910
900	Zales Corp. (b)	36,000
		189,454
	Semiconductor Equipment -- 1.3%
100	DuPont Photomasks, Inc. (b)	1,883
2,000	ESS Technology, Inc. (b)	19,500
1,078	Imation Corp.	40,770
692	International Rectifier Corp. (b)	18,559
117	Varian Semiconductor Equipment, Inc. (b)	3,482
		84,194
	Steel -- 0.2%
431	Engelhard Corp.	10,676
	Telephone & Telecommunications -- 0.9%
507	CenturyTel, Inc.	17,669
2,400	Ciena Corp. (b)	12,456
400	Commonwealth Telephone Enterprises, Inc. (b)	17,588
400	US Cellular Corp. (b)	10,180
		57,893
	Tires & Tubes -- 0.1%
387	Cooper Tire & Rubber Co.	6,807
	Tools & Accessories -- 0.4%
700	Snap-On, Inc.	20,321
193	Stanley Works, The	5,327
		25,648
	Wholesale Distribution -- 1.9%
1,200	AmerisourceBergen Corp.	83,220
600	BorgWarner, Inc.	38,640
		121,860
COMMON STOCKS -- (continued)
	Woven Carpets & Rugs -- 1.3%
1,500	Mohawk Industries, Inc. (b)	$ 83,295
	Total Common Stocks (Cost $4,849,380)	5,140,672
MUTUAL FUNDS -- 7.7%
	Exchange Traded Funds -- 7.7%
2,500	iShares S&P Midcap 400	240,000
2,752	Midcap SPDR Trust Series I	241,405
	Total Mutual Funds (Cost $458,969)	481,405
CASH EQUIVALENT -- 10.3%
646,872	Huntington Money Market Fund, Interfund Class*	646,872
	Total Cash Equivalent (Cost $646,872)	646,872
	Total (Cost $5,955,221) (a)	$ 6,268,949

Huntington VA New Economy Fund

Portfolio of Investments
June 30, 2003 (Unaudited)

Shares			Value
COMMON STOCKS -- 96.7%
		Advertising Sales -- 0.6%
280		Lamar Advertising Co. (b)	$ 9,859
		Aerospace/Defense -- 0.5%
100		Lockheed Martin Corp.	4,757
36		Northrop Grumman Corp.	3,106
			7,863
		Airlines -- 0.1%
80		SkyWest, Inc.	1,525
		Amusement & Recreation Services -- 0.6%
602		Aztar Corp. (b)	9,698
		Apparel & Textiles -- 2.4%
180		Fossil, Inc. (b)	4,241
76		G & K Services, Inc., Class A	2,250
70		Jones Apparel Group, Inc. (b)	2,048
260		K-Swiss, Inc., Class S	8,975
170		Liz Claiborne, Inc.	5,993
332		Reebok International Ltd. (b)	11,164
133		UniFirst Corp.	2,913
			37,584
		Auto/Truck Parts & Equipment -- 2.1%
200		Autoliv, Inc.	5,416
115		Group 1 Automotive, Inc. (b)	3,727
53		Johnson Controls, Inc.	4,537
124		Lear Corp. (b)	5,706
76		Magna International, Inc.	5,113
122		PACCAR, Inc.	8,242
			32,741
		Banks -- 6.3%
100		Bank of Hawaii Corp.	3,315
190		Countrywide Credit Industries, Inc.	13,217
240		Dime Community Bancshares	6,108
176		GreenPoint Financial Corp.	8,965
190		Independence Community Bank Corp.	5,362
165		MB Financial, Inc.	6,607
138		New York Community Bancorp, Inc.	4,014
46		North Fork Bancorporation, Inc.	1,567
174		R & G Finanical Corp., Class B	5,168
246		Regions Financial Corp.	8,310
383		SouthTrust Corp.	10,418
310		Sovereign Bancorp	4,852
166		UCBH Holdings, Inc.	4,761
262		Washington Mutual, Inc.	10,820
100		Webster Financial Corp.	3,780
			97,264
		Batteries/ Battery Systems -- 1.0%
490		Energizer Holdings, Inc. (b)	15,386
		Beer, Wine, & Distilled Beverages -- 0.1%
40		Adolph Coors Co., Class B	1,959
		Building & Construction -- 6.4%
235		Centex Corp.	18,280
111		Clayton Homes, Inc.	1,393
486		D. R. Horton, Inc.	13,656
120		KB Home	7,438
		Building & Construction -- (continued)
60		Lafarge North America Corp.	$ 1,854
120		Lennar Corp.	8,580
7		Lennar Corp., Class B	481
142		M/I Schottenstein Homes, Inc.	6,061
148		MDC Holdings, Inc.	7,145
22		NVR, Inc. (b)	9,042
124		Ryland Group, Inc.	8,606
310		Simpson Manufacturing Co., Inc. (b)	11,346
190		Standard-Pacific Corp.	6,300
			100,182
		Chemicals -- 0.9%
140		A. Schulman, Inc.	2,248
245		Airgas, Inc.	4,104
100		Albemarle Corp.	2,797
170		Cytec Industries, Inc. (b)	5,746
			14,895
		Commercial Services & Supplies -- 1.4%
168		Cendant Corp. (b)	3,078
74		ChoicePoint, Inc. (b)	2,554
104		Concord EFS, Inc. (b)	1,531
312		Interactive Data Corp. (b)	5,273
370		StarTek (b)	9,731
			22,167
		Communications Equipment -- 0.5%
190		L-3 Communications Corp. (b)	8,263
		Computer Services -- 3.9%
389		Activision, Inc. (b)	5,019
587		Intergraph Corp. (b)	12,621
74		JDA Software Group, Inc. (b)	828
800		Pinnacle Systems, Inc. (b)	8,560
140		Pixar Animation Studios Corp. (b)	8,518
207		Sungard Data Systems, Inc. (b)	5,363
188		Syntel, Inc. (b)	2,957
630		Take-Two Interactive Software, Inc. (b)	17,854
			61,720
		Consumer Products -- 0.6%
190		The Scotts Co. (b)	9,405
		Crude Petroleum & Natural Gas -- 1.0%
480		PATTERSON-UTI Energy, Inc. (b)	15,552
		Data Processing/Management -- 0.7%
710		Acxiom Corp. (b)	10,714
		Distribution/Wholesale -- 0.7%
44		CDW Corp. (b)	2,015
280		Fastenal Co.	9,503
			11,518
		Diversified Operations -- 2.6%
720		A.O. Smith Corp.	20,268
310		Clarcor, Inc.	11,951
370		Griffon Corp. (b)	5,920
190		Lydall, Inc. (b)	2,033
140		Walter Industries, Inc.	1,645
			41,817
COMMON STOCKS -- (continued)
		E-Commerce & Services -- 2.0%
144		Expedia, Inc., Class A (b)	$ 10,999
293		Interactivecorp, Inc. (b)	11,602
900		WebMD Corp. (b)	9,747
			32,348
		Electronic Components -- 1.2%
170		Benchmark Electronics, Inc. (b)	5,229
280		Gentex Corp. (b)	8,571
480		Methode Electronics	5,160
860		Viscount Systems, Inc. (b)	224
			19,184
		Electronic Measuring Instruments -- 2.1%
720		Garmin Ltd. (b)	28,706
180		Itron, Inc. (b)	3,881
			32,587
		Environmental Services -- 0.3%
120		Stericycle, Inc. (b)	4,618
		Financial Services -- 3.7%
83		Commercial Federal Corp.	1,760
478		Doral Financial Corp.	21,342
440		First American Financial Corp.	11,594
242		First Data Corp.	10,028
70		Golden West Financial Corp.	5,601
190		H & R Block, Inc.	8,218
			58,543
		Food & Beverages -- 2.5%
72		American Italian Pasta Co. (b)	2,999
196		Bob Evans Farms, Inc.	5,415
318		Constellation Brands, Inc. (b)	9,986
110		Fresh Del Monte Produce, Inc.	2,826
200		Sensient Technologies Corp.	4,598
140		Whole Foods Market, Inc. (b)	6,654
258		YUM! Brands, Inc. (b)	7,626
			40,104
		Gambling -- 0.7%
78		Ameristar Casinos, Inc. (b)	1,665
113		Argosy Gaming Co. (b)	2,363
111		Isle of Capris Casinos, Inc. (b)	1,835
262		Penn National Gaming, Inc. (b)	5,384
			11,247
		Glass Containers -- 0.5%
190		Ball Corp.	8,647
		Hotels & Lodging -- 0.4%
110		Mandalay Resort Group	3,504
100		MGM Grand, Inc. (b)	3,418
			6,922
		Household Furnishings -- 0.3%
39		American Woodmark Corp.	1,816
110		La-Z-Boy, Inc.	2,462
			4,278
		Household Products -- 0.1%
33		Whirlpool Corp.	2,102
		Insurance -- 2.0%
170		Fidelity National Financial, Inc.	$ 5,229
81		Loews Corp.	3,830
310		Old Republic International Corp.	10,624
180		Protective Life Corp.	4,815
154		UnitedHealth Group, Inc.	7,739
			32,237
		Insurance - Life & Health -- 0.5%
270		AFLAC, Inc.	8,303
		Internet Services -- 0.1%
153		Alloy, Inc. (b)	987
		Leisure -- 0.2%
170		Royal Caribbean Cruises Ltd.	3,937
		Linen Supply -- 0.2%
170		Angelica Corp.	2,882
		Machinery -- 0.9%
400		AGCO Corp. (b)	6,833
143		Albany International Corp., Class A	3,918
220		Lennox International, Inc.	2,831
			13,582
		Measuring Devices -- 0.3%
152		FLIR Systems, Inc. (b)	4,583
		Medical & Medical Services -- 11.3%
140		Aetna US Healthcare, Inc.	8,428
410		Apria Healthcare Group, Inc. (b)	10,201
172		Becton, Dickinson & Co.	6,682
114		Bio-Rad Laboratories, Inc., Class A (b)	6,310
260		Conmed Corp. (b)	4,748
140		Coventry Health Care, Inc. (b)	6,462
260		Curative Health Services, Inc. (b)	4,420
170		DaVita, Inc. (b)	4,553
280		Dentsply International, Inc.	11,452
46		Diagnostic Products Corp.	1,888
420		First Health Group Corp. (b)	11,592
110		HCA-The Healthcare Co.	3,524
480		Henry Schein, Inc. (b)	25,123
356		Hologic, Inc. (b)	4,692
83		Johnson & Johnson, Inc.	4,291
80		Medtronic, Inc.	3,838
59		Ocular Sciences, Inc. (b)	1,171
280		Patterson Dental Co. (b)	12,706
44		Pediatrix Medical Group, Inc. (b)	1,569
78		Pharmaceutical Resources, Inc. (b)	3,795
290		Renal Care Group, Inc. (b)	10,211
100		St. Jude Medical, Inc. (b)	5,750
168		STERIS Corp. (b)	3,879
43		Tenet Healthcare Corp. (b)	501
140		Triad Hospitals, Inc. (b)	3,475
262		Varian Medical Systems, Inc. (b)	15,083
			176,344
		Medical - HMO -- 3.1%
680		Humana, Inc. (b)	10,268
140		Mid Atlantic Medical Services, Inc. (b)	7,322
370		PacifiCare Health Systems, Inc. (b)	18,252
COMMON STOCKS -- (continued)
		Medical - HMO -- (continued)
150		Sierra Health Services, Inc. (b)	$ 3,000
120		Wellpoint Health Networks (b)	10,116
			48,958
		Metals & Mining -- 1.2%
105		Barrick Gold Corp.	1,880
190		Commercial Metals Co.	3,380
430		Freeport-McMoran Copper & Gold, Inc., Class B	10,534
170		Timken Co.	2,977
			18,771
		Miscellaneous Business Services -- 5.9%
48		Action Performance Companies, Inc.	912
187		Caremark Rx, Inc. (b)	4,802
62		Deluxe Corp.	2,778
115		Electronic Arts, Inc. (b)	8,509
146		EMCOR Group, Inc. (b)	7,207
317		Fair Issac & Co., Inc.	16,310
502		GTECH Holdings Corp. (b)	18,900
240		New England Business Services, Inc.	7,200
79		Overture Services, Inc. (b)	1,432
370		Ryder System, Inc.	9,479
170		Symantec Corp. (b)	7,456
1,090		US Oncology, Inc. (b)	8,055
			93,040
		Office Equipment & Supplies -- 0.2%
77		John H. Harland Co.	2,015
80		Standard Register Co.	1,318
			3,333
	Oil Company - Exploration & Production -- 2.5%
310		Occidental Petroleum Corp.	10,401
290		Pogo Producing Co.	12,397
260		Varco International, Inc. (b)	5,096
603		XTO Energy, Inc.	12,126
			40,020
		Paper & Paper Products -- 0.2%
180		Rock-Tenn Co.	3,051
		Personal Products -- 0.2%
113		NBTY, Inc. (b)	2,380
		Professional Services -- 0.7%
116		Apollo Group, Inc. (b)	7,164
40		Strayer Education, Inc.	3,178
			10,342
		Railroad Transportation -- 0.1%
44		CSX Corp.	1,324
		Raw Materials -- 0.1%
110		Cleveland Cliffs, Inc. (b)	1,964
		Real Estate Investment Trust -- 0.6%
240		Annaly Mortgage Management, Inc.	4,779
78		LNR Property Corp.	2,917
142		Ventas, Inc.	2,151
			9,847
		Recreation & Utility Trailer Dealers -- 0.6%
112		Thor Industries, Inc.	$ 4,572
113		Winnebago Industries, Inc.	4,283
			8,855
		Retail -- 8.4%
120		AnnTaylor Stores Corp. (b)	3,474
169		Applebee's International, Inc.	5,312
287		AutoNation, Inc. (b)	4,512
187		Bed Bath & Beyond, Inc. (b)	7,257
113		Borders Group, Inc. (b)	1,990
36		Carmax, Inc. (b)	1,085
144		Chico's FAS, Inc. (b)	3,031
83		Circuit City Stores, Inc.	730
194		Cracker Barrel Group, Inc.	7,539
90		Dillards Department Stores, Inc.	1,212
48		Family Dollar Stores, Inc.	1,831
128		Fred's, Inc.	4,759
100		Furniture Brands International, Inc. (b)	2,610
257		Hancock Fabrics, Inc.	4,151
142		Hot Topic, Inc. (b)	3,821
138		Landry's Seafood Restaurants, Inc.	3,257
290		Lone Star Steakhouse & Saloon, Inc.	6,313
99		Lowe's Cos., Inc.	4,252
114		Micheal Stores, Inc. (b)	4,339
115		O'Reilly Automotive, Inc. (b)	3,840
156		Office Depot, Inc. (b)	2,264
100		Pep Boys-Manny, Moe & Jack	1,351
468		PETsMART, Inc. (b)	7,801
235		Pier 1 Imports, Inc.	4,794
190		RARE Hospitality International, Inc. (b)	6,209
198		Regis Corp.	5,752
99		Ross Stores, Inc.	4,231
308		Ryan Family Steak Houses, Inc. (b)	4,312
180		Shopko Stores, Inc. (b)	2,340
137		Sonic Automotives, Inc. (b)	3,002
410		TBC Corp. (b)	7,810
235		Tuesday Morning Corp. (b)	6,181
			131,362
		Schools -- 2.1%
480		Career Education Corp. (b)	32,842
		Semiconductor Equipment -- 1.3%
430		Imation Corp.	16,263
235		Zoran Corp. (b)	4,514
			20,777
		Software -- 3.1%
145		Concord Communications, Inc. (b)	1,991
870		Hyperion Solutions Corp. (b)	29,370
390		Inter-Tel, Inc.	8,276
220		Intuit, Inc. (b)	9,797
			49,434
		Steel -- 0.5%
100		Quanex Corp.	2,972
140		Steel Technologies, Inc.	1,415
310		Worthington Industries, Inc.	4,154
			8,541
COMMON STOCKS -- (continued)
		Tires & Tubes -- 0.1%
120		Cooper Tire & Rubber Co.	$ 2,111
		Tools & Accessories -- 0.1%
44		Stanley Works, The	1,214
		Toys & Games -- 0.1%
104		Mattel, Inc.	1,968
		Transportation Services -- 2.9%
290		Airborne, Inc.	6,061
480		C.H. Robinson Worldwide, Inc.	17,069
280		Expeditors International of Washington, Inc.	9,699
175		Heartland Express, Inc. (b)	3,894
139		J.B. Hunt Transport Services, Inc. (b)	5,247
120		Roadway Express, Inc.	3,424
			45,394
		Video Tape Rental -- 0.2%
178		Hollywood Entertainment Corp. (b)	3,062
		Wholesale Distribution -- 0.4%
37		AmerisourceBergen Corp.	2,566
70		BorgWarner, Inc.	4,508
			7,074
		Woven Carpets & Rugs -- 0.4%
121		Mohawk Industries, Inc. (b)	6,719
		Total Common Stocks (Cost $1,392,865)	1,525,930
		Cash Equivalent -- 3.3%
52,529		Huntington Money Market Fund, Interfund Class*	52,529
		Total Cash Equivalent (Cost $52,529)	52,529
		Total (Cost $1,445,394) (a)	$ 1,578,459

Huntington VA Funds

Notes to Portfolio of Investments

(a) See Notes to Financial Statements for unrealized appreciation (depreciation) of securities.

(b) Non-income producing security.

* Affiliated.

The categories of investments are shown as a percentage of net assets.

The following abbreviations are used in the Portfolio of Investments:

ADR	- --	American Depositary Receipt
SPDR	- --	Standard & Poor's Depositary Receipt

Huntington VA Funds

Statements of Assets and Liabilities
June 30, 2003 (Unaudited)

	Huntington VA Growth Fund	Huntington VA Income Equity Fund	Huntington VA Rotating Markets Fund	Huntington VA Dividend Capture Fund	Huntington VA Mid Corp America Fund	Huntington VA New Economy Fund
Assets:
Investments, at value	$ 7,660,195	$ 14,674,290	$ 2,241,965	$ 9,745,855	$ 6,268,949	$ 1,578,459
Cash	--	59,457	3,963	41,318	16,225	1,544
Income receivable	7,105	29,881	1,954	40,452	4,249	713
Receivable for investments sold	--	--	--	59,971	--	--
Receivable from adviser	181	157	202	336	211	130
Prepaid expenses and other assets	76	177	19	73	68	16
Total assets	7,667,557	14,763,962	2,248,103	9,888,005	6,289,702	1,580,862
Liabilities:
Cash overdraft	484,206	--	--	--	--	--
Payable for investments purchased	--	--	--	205,285	--	--
Accrued expenses and other payables
Investment adviser fees	3,342	7,027	1,075	4,340	2,958	749
Administration fees	418	878	134	543	370	94
Sub-Administration fees	334	703	107	434	296	75
Custodian fees	145	305	47	188	128	32
Portfolio accounting fees	311	504	238	376	310	200
Other	7,489	17,228	1,762	8,134	6,456	1,618
Total liabilities	496,245	26,645	3,363	219,300	10,518	2,768
Net Assets	$ 7,171,312	$ 14,737,317	$ 2,244,740	$ 9,668,705	$ 6,279,184	$ 1,578,094
Net Assets Consists of:
Paid in capital	$ 7,350,539	$ 14,692,663	$ 2,146,770	$ 9,115,051	$ 6,001,071	$ 1,455,850
Net unrealized appreciation (depreciation) of investments	(152,659)	337,604	166,632	449,595	313,728	133,065
Accumulated net realized gain (loss) on investments	(32,257)	(461,162)	(72,697)	(78,596)	(41,153)	(9,373)
Accumulated net investment income (loss)	5,689	168,212	4,035	182,655	5,538	(1,448)
Total Net Assets	$ 7,171,312	$ 14,737,317	$ 2,244,740	$ 9,668,705	$ 6,279,184	$ 1,578,094
Shares Outstanding	943,056	1,564,032	235,387	907,997	592,418	148,313
Net Asset Value Per Share
(Net asset value, offering and redemption price per share)	$ 7.60	$ 9.42	$ 9.54	$ 10.65	$ 10.60	$ 10.64
Investments, at cost	$ 7,812,854	$ 14,336,686	$ 2,075,333	$ 9,296,260	$ 5,955,221	$ 1,445,394

Huntington VA Funds

Statements of Operations
For the Six Months Ended June 30, 2003 (Unaudited)

	Huntington VA Growth Fund	Huntington VA Income Equity Fund	Huntington VA Rotating Markets Fund	Huntington VA Dividend Capture Fund	Huntington VA Mid Corp America Fund	Huntington VA New Economy Fund
Investment Income:
Dividends	$ 29,352	$ 211,485	$ 11,336	$ 195,974	$ 27,030	$ 3,887
Interest	--	7,869	--	--	--	--
Total investment income	29,352	219,354	11,336	195,974	27,030	3,887
Expenses:
Investment adviser fees	14,680	32,596	4,381	17,249	12,896	3,200
Administration fees	1,835	4,075	548	2,156	1,612	400
Sub-Administration fees	1,468	3,260	438	1,725	1,290	320
Custodian fees	636	1,413	190	747	559	139
Transfer and dividend disbursing agent fees and expenses	661	1,490	226	796	604	145
Legal fees	2,439	5,262	824	3,022	2,148	515
Portfolio accounting fees	1,659	2,875	960	1,856	1,535	876
Printing and postage	3,110	6,939	833	3,283	2,675	684
Other	1,495	3,309	463	1,809	1,322	326
Total expenses	27,983	61,219	8,863	32,643	24,641	6,605
Reimbursements from adviser	(3,518)	(6,891)	(1,562)	(3,895)	(3,149)	(1,270)
Net expenses	24,465	54,328	7,301	28,748	21,492	5,335
Net investment income (loss)	4,887	165,026	4,035	167,226	5,538	(1,448)
Realized and Unrealized Gain (Loss) on Investments:
Net realized gain (loss) on investments	(21,876)	(28,815)	(54,630)	(43,340)	(47,662)	5,104
Net change in unrealized appreciation/depreciation of investments	268,147	736,127	203,046	475,690	545,172	151,407
Net realized and unrealized gain (loss) on investments	246,271	707,312	148,416	432,350	497,510	156,511
Change in net assets resulting from operations	$ 251,158	$ 872,338	$ 152,451	$ 599,576	$ 503,048	$ 155,063

Huntington VA Funds

Statements of Changes in Net Assets

	Huntington VA Growth Fund			Huntington VA Income Equity Fund			Huntington VA Rotating Markets Fund
		Six Months Ended June 30, 2003	Year Ended Dec. 31, 2002		Six Months Ended June 30, 2003	Year Ended Dec. 31, 2002		Six Months Ended June 30, 2003	Year Ended Dec. 31, 2002
Increase (Decrease) in Net Assets		(Unaudited)			(Unaudited)			(Unaudited)
Operations:
Net investment income (loss)		$ 4,887	$ 2,803		$ 165,026	$ 176,406		$ 4,035	$ (860)
Net realized gain (loss) on investments		(21,876)	(9,499)		(28,815)	(298,590)		(54,630)	(18,067)
Net change in unrealized appreciation/depreciation of investments		268,147	(409,698)		736,127	(577,399)		203,046	(45,501)
Change in net assets resulting from operations		251,158	(416,394)		872,338	(699,583)		152,451	(64,428)
Distributions to Shareholders:
From net investment income		--	(2,001)		--	(173,220)		--	--
Change in net assets resulting from distributions to shareholders		--	(2,001)		--	(173,220)		--	--
Share Transactions:
Proceeds from sales of shares		3,328,214	3,672,461		5,263,343	5,159,774		1,189,214	850,534
Distributions reinvested		--	2,001		--	173,220		--	--
Cost of shares redeemed		(61,646)	(36,853)		(110,280)	(200,915)		(26,596)	(66,532)
Change in net assets resulting from share transactions		3,266,568	3,637,609		5,153,063	5,132,079		1,162,618	784,002
Change in net assets		3,517,726	3,219,214		6,025,401	4,259,276		1,315,069	719,574
Net Assets:
Beginning of period		3,653,586	434,372		8,711,916	4,452,640		929,671	210,097
End of period		$ 7,171,312	$ 3,653,586		$ 14,737,317	$ 8,711,916		$ 2,244,740	$ 929,671
Accumulated net investment income (loss) included in net assets at end of period		$ 5,689	$ 802		$ 168,212	$ 3,186		$ 4,035	$ (860)

Huntington VA Funds

Statements of Changes in Net Assets (continued)

	Huntington VA Dividend Capture Fund			Huntington VA Mid Corp America Fund			Huntington VA New Economy Fund
		Six Months Ended June 30, 2003	Year Ended Dec. 31, 2002		Six Months Ended June 30, 2003	Year Ended Dec. 31, 2002		Six Months Ended June 30, 2003	Year Ended Dec. 31, 2002
Increase (Decrease) in Net Assets		(Unaudited)			(Unaudited)			(Unaudited)
Operations:
Net investment income (loss)		$ 167,226	$ 76,533		$ 5,538	$ (1,525)		$ (1,448)	$ (1,889)
Net realized gain (loss) on investments		(43,340)	(34,959)		(47,662)	8,034		5,104	(14,436)
Net change in unrealized appreciation/depreciation of investments		475,690	(29,177)		545,172	(256,055)		151,407	(37,336)
Change in net assets resulting from operations		599,576	12,397		503,048	(249,546)		155,063	(53,661)
Distributions to Shareholders:
From net investment income		--	(62,054)		--	--		--	--
From net realized gains		--	--		--	(56)		--	--
Change in net assets resulting from distributions to shareholders		--	(62,054)		--	(56)		--	--
Share Transactions:
Proceeds from sales of shares		5,794,739	3,250,384		2,729,298	3,163,014		674,791	639,984
Distributions reinvested		--	62,054		--	56		--	--
Cost of shares redeemed		(121,983)	(86,231)		(59,065)	(96,065)		(7,228)	(58,610)
Change in net assets resulting from share transactions		5,672,756	3,226,207		2,670,233	3,067,005		667,563	581,374
Change in net assets		6,272,332	3,176,550		3,173,281	2,817,403		822,626	527,713
Net Assets:
Beginning of period		3,396,373	219,823		3,105,903	288,500		755,468	227,755
End of period		$ 9,668,705	$ 3,396,373		$ 6,279,184	$ 3,105,903		$ 1,578,094	$ 755,468
Accumulated net investment income (loss) included in net assets at end of period		$ 182,655	$ 15,462		$ 5,538	$ (1,525)		$ (1,448)	$ (1,889)

Huntington VA Funds

Financial Highlights

(For a share outstanding throughout each period)

Year ended December 31,	Net Asset Value, Beginning of Period		Net Investment Income (Loss)	Net Realized and Unrealized Gain (Loss) on Investments	Total from Investment Operations	Distributions from Net Investment Income	Return of Capital Distributions (1)
Huntington VA Growth Fund
2001(4)	$	10.00	(0.04)	(0.74)	(0.78)	--	--
2002	$	9.22	--	(1.90)	(1.90)	--	--
2003(10)	$	7.32	0.01	0.27	0.28	--	--
Huntington VA Income Equity Fund
1999(5)	$	10.00	0.06	(0.13)	(0.07)	(0.05)	(0.04)
2000	$	9.84	0.33	0.23	0.56	(0.33)	--
2001	$	10.07	0.18	0.06	0.24	(0.20)	(0.01)
2002	$	10.10	0.23	(1.22)	(0.99)	(0.23)	--
2003(10)	$	8.88	0.11	0.43	0.54	--	--
Huntington VA Rotating Markets Fund
2001(6)	$	10.00	--	0.45	0.45	--	--
2002	$	10.45	(0.01)	(1.57)	(1.58)	--	--
2003(10)	$	8.87	0.02	0.65	0.67	--	--
Huntington VA Dividend Capture Fund
2001(6)	$	10.00	0.14	0.10	0.24	(0.09)	--
2002	$	10.15	0.33	(0.33)	--	(0.34)	--
2003(10)	$	9.81	0.16	0.68	0.84	--	--
Huntington VA Mid Corp America Fund
2001(6)	$	10.00	(0.02)	1.17	1.15	--	--
2002	$	11.15	--	(1.45)	(1.45)	--	--
2003(10)	$	9.70	0.01	0.89	0.90	--	--
Huntington VA New Economy Fund
2001(6)	$	10.00	(0.03)	0.93	0.90	--	--
2002	$	10.90	(0.02)	(1.47)	(1.49)	--	--
2003(10)	$	9.41	(0.01)	1.24	1.23	--	--

⁽¹⁾ Represents a return of capital for federal income tax purposes.

⁽²⁾ Total return figures are based on a share outstanding throughout the period and assumes reinvestment of distributions at net asset value. Total return figures do not reflect charges pursuant to the terms of the variable annuity contracts funded by separate accounts that invest in the Fund's shares.

⁽³⁾ This expense decrease is reflected in both the expense and net investment income ratios.

⁽⁴⁾ Reflects operations for the period from May 1, 2001 (commencement of operations) to December 31, 2001.

⁽⁵⁾ Reflects operations for the period from October 21, 1999 (commencement of operations) to December 31, 1999.

⁽⁶⁾ Reflects operations for the period from October 15, 2001 (commencement of operations) to December 31, 2001.

⁽⁷⁾ Not annualized.

⁽⁸⁾ Computed on annualized basis.

⁽⁹⁾ Does not include the effect of expenses of underlying funds.

⁽¹⁰⁾ Six months ended June 30, 2003 (Unaudited).

Huntington VA Funds

					Ratios to Average Net Assets
Total Distributions	Net Asset Value, End of Period		Total Return(2)		Net Expenses			Net Investment Income		Expense Waiver/ Reimbursement(3)		Net ssets, End of Period (000 omitted)		Portfolio Turnover Rate
--	$	9.22	(7.80	)%(7)		2.00	%(8)	1.11	%(8)	14.85	%(8)	$	434	0	%
--	$	7.32	(20.56	)%		1.02	%	0.14	%	0.64	%	$	3,654	2	%
--	$	7.60	3.83	%(7)		1.00	%(8)	0.20	%(8)	0.14	%(8)	$	7,171	6	%
(0.09)	$	9.84	(0.72	)%(7)		0.77	%(8)	4.30	%(8)	10.08	%(8)	$	2,221	0	%
(0.33)	$	10.07	5.85	%		0.77	%	3.66	%	1.47	%	$	3,516	6	%
(0.21)	$	10.10	2.34	%		1.91	%	1.76	%	0.15	%	$	4,453	38	%
(0.23)	$	8.88	(9.96	)%		1.11	%	2.81	%	0.49	%	$	8,712	4	%
--	$	9.42	6.08	%(7)		1.00	%(8)	3.04	%(8)	0.13	%(8)	$	14,737	1	%
--	$	10.45	4.50	%(7)		2.00	%(8)(9)	(0.21	)%(8)	16.20	%(8)	$	210	0	%
--	$	8.87	(15.12	)%		1.21	%(9)	(0.20	)%	2.42	%	$	930	113	%
--	$	9.54	7.55	%(7)		1.00	%(8)(9)	0.55	%(8)	0.21	%(8)	$	2,245	113	%
(0.09)	$	10.15	2.44	%(7)		2.00	%(8)	5.25	%(8)	15.47	%(8)	$	220	12	%
(0.34)	$	9.81	(0.05	)%		1.12	%	5.89	%	1.31	%	$	3,396	70	%
--	$	10.65	8.56	%(7)		1.00	%(8)	5.81	%(8)	0.13	%(8)	$	9,669	39	%
--	$	11.15	11.50	%(7)		2.00	%(8)	(0.85	)%(8)	15.87	%(8)	$	289	3	%
--	$	9.70	(13.00	)%		1.15	%	(0.10	)%	1.09	%	$	3,106	3	%
--	$	10.60	9.28	%(7)		1.00	%(8)	0.26	%(8)	0.15	%(8)	$	6,279	20	%
--	$	10.90	9.00	%(7)		2.00	%(8)	(1.20	)%(8)	15.91	%(8)	$	228	0	%
--	$	9.41	(13.67	)%		1.21	%	(0.44	)%	2.62	%	$	755	20	%
--	$	10.64	13.07	%(7)		1.00	%(8)	(0.27	)%(8)	0.24	%(8)	$	1,578	20	%

Huntington VA Funds

Notes to Financial Statements
June 30, 2003 (Unaudited)

(1) Organization

Huntington VA Funds (the "Trust") is registered under the Investment Company Act of 1940, as amended (the "Act"), as an open-end management investment company. The Trust operates six separate series, or mutual funds, each with its own investment objectives and strategies. This report contains the financial statements and financial highlights of the funds listed below (each individually referred to as a "Fund," or collectively as the "Funds"):

Huntington VA Growth Fund (VA Growth Fund)
Huntington VA Income Equity Fund (VA Income Equity Fund)
Huntington VA Rotating Markets Fund (VA Rotating Markets Fund) (formerly Huntington VA Rotating Index Fund)
Huntington VA Dividend Capture Fund (VA Dividend Capture Fund)
Huntington VA Mid Corp America Fund (VA Mid Corp America Fund)
Huntington VA New Economy Fund (VA New Economy Fund)

The assets of each Fund are segregated and a shareholder's interest is limited to the Fund in which shares are held.

The Trust accounts for the assets, liabilities and operations of each Fund separately. Shares of the Funds are not offered directly to the public, but sold only to Hartford Life Insurance Company's separate accounts in connection with the Huntington Director, Huntington Director Outlook and Hartford Huntington Leaders Outlook variable contracts and policies. Under an exemptive order granted by the Securities and Exchange Commission and procedures adopted by the Trust's Board of Trustees, shares of the Funds may be sold to separate accounts of variable life and variable annuity contracts and policies of other insurance companies.

(2) Significant Accounting Policies

The following is a summary of significant accounting policies consistently followed by each Fund in the preparation of its financial statements. These policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP").

A. Investment Valuations

Equity securities traded on a national securities exchange or quoted on the NASDAQ National Market System are valued at their last-reported sale price on the principal exchange or official closing price as reported by NASDAQ or, if there is no reported sale, and in the case of over-the-counter securities not included in the NASDAQ National Market System, at a bid price estimated by an independent pricing service. Fixed income securities traded on a national securities exchange or in the over-the-counter market are valued at their last-reported sales price or, if there is no reported sale, at a bid price by an independent pricing service. Short-term investments with remaining maturities of 60 days or less at the time of purchase are valued at amortized cost, which approximates fair value. Options contracts are valued at the last quoted bid price as reported on the primary exchange or board of trade on which such options are traded. Investments in other open-end investment companies are valued at net asset val ue. Securities for which no quotations are readily available are valued at fair value as determined in good faith using methods approved by the Board of Trustees (the "Trustees").

B. Repurchase Agreements

It is the policy of the Funds to require the custodian bank to take possession, to have legally segregated in the Federal Reserve Book Entry System, or to have segregated within the custodian bank's vault, all securities held as collateral under repurchase agreement transactions. Additionally, procedures have been established by the Funds to monitor, on a daily basis, the market value of each repurchase agreement's collateral to ensure that the value of collateral at least equals the repurchase price to be paid under the repurchase agreement.

The Funds will only enter into repurchase agreements with banks and other recognized financial institutions, such as broker/dealers, which are deemed by the Funds' adviser to be creditworthy pursuant to the guidelines and/or standards reviewed or established by the Trustees. Risks may arise from the potential inability of counterparties to honor the terms of the repurchase agreement. Accordingly, the Funds could receive less than the repurchase price on the sale of collateral securities.

C. Investment Income, Expenses and Distributions

Interest income and expenses are accrued daily. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at fair value. Expenses directly attributable to a Fund are charged to that Fund. Expenses not directly attributable to a Fund are allocated proportionately among various Funds or all Funds within the Trust in relation to the net assets of each Fund or on another reasonable basis.

D. Federal Taxes

It is the policy of each Fund to qualify or continue to qualify as a regulated investment company by complying with the provisions available to certain investment companies, as defined in applicable sections of the Internal Revenue Code, and to make distributions of net investment income and net realized capital gains sufficient to relieve it from all, or substantially all, federal income taxes. In addition to complying with the federal tax requirements applicable to regulated investment companies, the Funds also plan to comply with certain diversification standards applicable to underlying assets of variable annuity contracts in order to avoid taxation on the variable contract owners with respect to earnings allocable to the contract from investments in the Funds.

Tax cost of securities differs from cost for financial reporting purposes by the amount of losses recognized for financial reporting purposes in excess of federal tax purposes.

As of June 30, 2003, the tax cost of securities and the breakdown of unrealized appreciation (depreciation) for each Fund was as follows:

Fund	Tax Cost of Securities	Unrealized Appreciation	Unrealized Depreciation	Net Unrealized Appreciation (Depreciation)
VA Growth Fund	$  7,812,854	$   290,212	$ (442,871)	$ (152,659)
VA Income Equity Fund	$14,336,686	$1,190,981	$ (853,377)	$    337,604
VA Rotating Markets Fund	$  2,075,333	$   168,266	$     (1,634)	$    166,632
VA Dividend Capture Fund	$  9,296,260	$   522,287	$   (72,692)	$    449,595
VA Mid Corp America Fund	$  5,955,221	$   508,235	$ (194,507)	$    313,728
VA New Economy Fund	$  1,445,394	$   179,601	$   (46,536)	$    133,065

E. Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses for the period. Actual results could differ from those estimates.

F. Other

Investment transactions are accounted for on a trade date basis. Securities gains and losses are calculated on the identified cost basis.

(3) Shares of Beneficial Interest

The Declaration of Trust permits the Trustees to issue an unlimited number of full and fractional shares of beneficial interest (with no par value). Transactions in capital stock were as follows:

	VA Growth Fund						VA Income Equity Fund
	Six Months Ended June 30, 2003			Year Ended December 31, 2002			Six Months Ended  June 30, 2003			Year Ended   December 31, 2002
		Shares	Dollars		Shares	Dollars		Shares	Dollars		Shares	Dollars
Shares sold		452,181	$3,328,214		456,736	$3,672,461		594,787	$5,263,343		544,376	$5,159,774
Distributions reinvested		--	--		265	2,001		--	--		18,448	173,220
Shares redeemed		(8,544)	(61,646)		(4,693)	(36,853)		(12,358)	(110,280)		(22,087)	(200,915)
NET CHANGE RESULTING FROM SHARE TRANSACTIONS		443,637	$3,266,568		452,308	$3,637,609		582,429	$5,153,063		540,737	$5,132,079

	VA Rotating Markets Fund						VA Dividend Capture Fund
	Six Months Ended June 30, 2003			Year Ended December 31, 2002			Six Months Ended June 30, 2003			Year Ended December 31, 2002
		Shares	Dollars		Shares	Dollars		Shares	Dollars		Shares	Dollars
Shares sold		133,541	$1,189,214		91,608	$ 850,534		573,753	$5,794,739		326,916	$3,250,384
Distributions reinvested		--	--		--	--		--	--		6,251	62,054
Shares redeemed		(3,020)	(26,596)		(6,852)	(66,532)		(11,807)	(121,983)		(8,781)	(86,231)
NET CHANGE RESULTING FROM SHARE TRANSACTIONS		130,521	$1,162,618		84,756	$ 784,002		561,946	$5,672,756		324,386	$3,226,207

	VA Mid Corp America Fund						VA New Economy Fund
	Six Months Ended June 30, 2003			Year Ended December 31, 2002			Six Months Ended June 30, 2003			Year Ended December 31, 2002
		Shares	Dollars		Shares	Dollars		Shares	Dollars		Shares	Dollars
Shares sold		278,333	$2,729,298		303,785	$3,163,014		68,793	$674,791		65,509	$639,984
Distributions reinvested		--	--		5	56		--	--		--	--
Shares redeemed		(5,990)	(59,065)		(9,588)	(96,065)		(780)	(7,228)		(6,104)	(58,610)
NET CHANGE RESULTING FROM SHARE TRANSACTIONS		272,343	$2,670,233		294,202	$3,067,005		68,013	$667,563		59,405	$581,374

(4) Investment Adviser Fee and Other Transactions with Affiliates

Investment Advisory Fee--Huntington Asset Advisors, Inc., a subsidiary of The Huntington National Bank ("Huntington"), serves as the Funds' investment adviser (the "Advisor"). The Advisor receives for its services an annual investment advisory fee based on a percentage of each Fund's average daily net assets as listed below.

Fund	Advisory Fee
VA Growth Fund	0.60 %
VA Income Equity Fund	0.60 %
VA Rotating Markets Fund	0.60 %
VA Dividend Capture Fund	0.60 %
VA Mid Corp America Fund	0.60 %
VA New Economy Fund	0.60 %

The Advisor has contractually agreed to waive all or a portion of its investment advisory fee (based on average daily net assets) to which it is otherwise entitled to receive from the Funds and/or to reimburse certain operating expenses of each Fund in order to limit the total operating expense for each Fund to not more than 1.00% of each Fund's average daily net assets for the period starting January 1, 2003 through April 30, 2004.

Administrative and Financial Administration Fees--Federated Services Company ("FServ") provides the Funds with certain administrative personnel and services. Huntington currently serves as sub-administrator to the Trust, assisting with the provision of administrative services necessary to operate the Funds. Huntington also serves as financial administrator providing portfolio accounting services to the Funds. Effective May 1, 2002, Huntington sub-contracted certain fund accounting services to BISYS Fund Services Ohio, Inc. The fees paid for administrative and sub-administrative services are based on the level of average aggregate net assets of the Trust for the period.

Transfer and Dividend Disbursing Agent Fees and Expenses--Effective June 10, 2002, Unified Fund Services, Inc. ("Unified") became transfer and dividend disbursing agent for the Funds. Prior to this date, State Street Bank and Trust Company provided these services. For its services, Unified receives fees based on the size, type, and number of accounts and transactions made by shareholders.

Custodian Fees--Huntington serves as the Fund's custodian. Huntington's fee is based on the level of the Fund's average daily net assets for the period, plus out-of-pocket expenses.

General--Certain Officers of the Trust are Officers and/or Directors or Trustees of the above companies.

(5) VA Rotating Markets Fund Structure

The VA Rotating Markets Fund ("Fund"), in accordance with its prospectus, may seek to achieve its investment objectives by investing in other investment companies ("Underlying Funds") with similar investment objectives. As a result, investors in the Fund incurred expenses of both the Fund and Underlying Funds, including transaction costs related to the purchases and sales of Underlying Fund shares.

(6) Investment Transactions

Purchases and sales of investments, excluding short-term securities and long-term U.S. government securities (and in-kind contributions), for the six months ended June 30, 2003 were as follows:

Fund	Purchases	Sales
VA Growth Fund	$ 3,791,712	$ 241,668
VA Income Equity Fund	3,974,666	58,018
VA Rotating Markets Fund	3,274,537	1,552,394
VA Dividend Capture Fund	7,653,453	2,154,070
VA Mid Corp America Fund	3,087,905	793,533
VA New Economy Fund	838,110	195,238

Huntington VA Funds

Last Meeting of Shareholders

The Huntington VA Funds held a Special Meeting of shareholders of Huntington VA Rotating Index Fund on April 17, 2003. On February 18, 2003, the record date for shareholders voting at the meeting, there were 136,569 total outstanding shares for the Huntington VA Rotating Index Fund. The following items were considered by shareholders and the results of their voting are listed below. Unless otherwise noted, each matter was approved.

1. Approval of changing the Fund's fundamental investment objective from seeking to approximate the returns of a broad-based equity market index to one of seeking capital appreciation:

For	Against	Abstentions and Broker Non-Votes
113,334	12	205

2. Elimination of a fundamental investment policy of investing at least 80% of total assets in stocks comprising a broad-based equity index:

For	Against	Abstentions and Broker Non-Votes
110,963	2,383	205

Variable investment options are not bank deposits or obligations, are not guaranteed by any bank, and are not insured or guaranteed by U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency. Investment in variable investment options involves investment risk, including the possible loss of principal.

This report is authorized for Distribution to prospective investors only when preceded or accompanied by the Funds’ prospectus, which contains facts concerning its objective and policies, management fees, expenses and other information.

The Huntington National Bank, a subsidiary of Huntington Bancshares, Inc. is the Custodian, Sub-Administrator and Financial Administrator of the Huntington VA Funds.

Huntington Asset Advisors, Inc., a subsidiary of The Huntington National Bank, serves as Investment Advisor to the Funds. Federated Services Co. and Edgewood Services, Inc., the Administrator and Distributor of the Huntington VA Funds, respectively, are not affiliated with The Huntington National Bank.

Cusip 446771206
Cusip 446771107
Cusip 446771701
Cusip 446771305
Cusip 446771503
Cusip 446771602

Item 2.     Code of Ethics

            Not Applicable

Item 3.     Audit Committee Financial Expert

            Not Applicable

Item 4.     Principal Accountant Fees and Services

            Not Applicable


Item 5.     Audit Committee of Listed Registrants

            Not Applicable

Item 6.     [Reserved]

Item 7.     Disclosure of Proxy Voting Policies and Procedures for
            Closed-End Management Investment Companies

            Not Applicable

Item 8.     [Reserved]

Item 9.     Controls and Procedures


(a)  The  registrant's  Principal  Executive  Officer  and  Principal  Financial
     Officer  have  concluded  that the  registrant's  disclosure  controls  and
     procedures  (as defined in rule  30a-3(c)  under the Act) are  effective in
     design  and  operation  and  are  sufficient  to  form  the  basis  of  the
     certifications  required  by Rule  30a-2  under  the  Act,  based  on their
     evaluation of these  disclosure  controls and procedures  within 90 days of
     the filing date of this report on Form N-CSR.

(b)  There were no changes in the  registrant's  internal control over financial
     reporting  (as  defined  in rule  30a-3(d)  under the Act)  during the last
     fiscal  half  year  (the  registrant's  second  half year in the case of an
     annual report) that have materially  affected,  or are reasonably likely to
     materially  affect,  the  registrant's   internal  control  over  financial
     reporting.

Item 10.    Exhibits

(a)  A  separate  certification  for  each  principal  executive  and  principal
     financial  officer of the registrant as required by Rule 30a-2(a) under the
     Investment Company Act of 1940 (17 CFR 270.30a-2(a)).

(b)  The  certifications  required by Rule 30a-2(b) under the Investment Company
     Act of 1940 (17 CFR  270.30a-2(b)),  Rule 13a-14(b) or Rule 15d-14(b) under
     the Exchange Act (17 CFR 240.13a-14(b) or 240.15d-14(b)),  and Section 1350
     of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350).



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and
the Investment Company Act of 1940, the registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.

Registrant  Huntington VA Funds

By          /s/ Charles L. Davis, Jr.
            Charles L. Davis, Jr., Chief Executive Officer

Date        September 5, 2003


Pursuant to the  requirements  of the  Securities  Exchange  Act of 1934 and the
Investment  Company  Act of  1940,  this  report  has been  signed  below by the
following  persons on behalf of the  registrant and in the capacities and on the
dates indicated.

By          /s/ Charles L. Davis, Jr.
            Charles L. Davis, Jr., Chief Executive Officer


Date        September 5, 2003






By          /s/ Bryan C. Haft
            Bryan C. Haft, Treasurer


Date        September 5, 2003

EX-99.CERT

CERTIFICATIONS

I, Charles L. Davis, Jr., certify that:

1.   I have  reviewed  this  report on Form  N-CSR of  Huntington  VA Funds (the
     "registrant");

2.   Based on my knowledge, this report does not contain any untrue statement of
     a material  fact or omit to state a  material  fact  necessary  to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in  this  report,  fairly  present  in all  material
     respects the financial  condition,  results of  operations,  changes in net
     assets, and cash flows (if the financial statements are required to include
     a statement  of cash flows) of the  registrant  as of, and for, the periods
     presented in this report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in  Rule  30a-3(c)  under  the  Investment  Company  Act of  1940)  for the
     registrant and have:

     a)   Designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant,  including its consolidated subsidiaries, is made known to
          us by others within those entities,  particularly during the period in
          which this report is being prepared;

     b)   Evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures,  as of a date
          within 90 days prior to the filing date of this  report  based on such
          evaluation; and

     c)   Disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most recent fiscal half-year (the registrant's second fiscal half-year
          in the case of an annual report) that has materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control over financial reporting; and

5.   The registrant's  other  certifying  officer(s) and I have disclosed to the
     registrant's  auditors and the audit committee of the registrant's board of
     directors (or persons performing the equivalent functions):

     a)   All significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize, and report financial information; and

     b)   Any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.

Date: September 5, 2003             /s/ Charles L. Davis, Jr.
                                    Charles L. Davis, Jr.
                                    Chief Executive Officer
                                    Huntington VA Funds





CERTIFICATIONS

I, Bryan C. Haft, certify that:

1.   I have  reviewed  this  report on Form  N-CSR of  Huntington  VA Funds (the
     "registrant");

2.   Based on my knowledge, this report does not contain any untrue statement of
     a material  fact or omit to state a  material  fact  necessary  to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in  this  report,  fairly  present  in all  material
     respects the financial  condition,  results of  operations,  changes in net
     assets, and cash flows (if the financial statements are required to include
     a statement  of cash flows) of the  registrant  as of, and for, the periods
     presented in this report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in  Rule  30a-3(c)  under  the  Investment  Company  Act of  1940)  for the
     registrant and have:

     a)   Designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant,  including its consolidated subsidiaries, is made known to
          us by others within those entities,  particularly during the period in
          which this report is being prepared;

     b)   Evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures,  as of a date
          within 90 days prior to the filing date of this  report  based on such
          evaluation; and

     c)   Disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most recent fiscal half-year (the registrant's second fiscal half-year
          in the case of an annual report) that has materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control over financial reporting; and

5.   The registrant's  other  certifying  officer(s) and I have disclosed to the
     registrant's  auditors and the audit committee of the registrant's board of
     directors (or persons performing the equivalent functions):

     a)   All significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize, and report financial information; and

     b)   Any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.


Date: August 13, 2003              /s/ Bryan C. Haft
                                    Bryan C. Haft
                                    Treasurer
                                    Huntington VA Funds

EX-99.906CERT

This certification is provided pursuant to Section 906 of the Sarbanes-Oxley Act
of 2002, 18 U.S.C.  ss. 1350, and  accompanies  the report on Form N-CSR for the
period ended June 30, 2003 of Huntington VA Funds (the "Registrant").

I, Charles L. Davis, Jr., principal executive officer of the Registrant, certify
that, to the best of my knowledge,:

1.   the Form N-CSR fully  complies  with the  requirements  of Section 13(a) or
     15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m(a) or 78o(d));
     and

2.   the  information  contained  in the  Form  N-CSR  fairly  presents,  in all
     material respects, the financial condition and results of operations of the
     Registrant.


August 18, 2003
Date


/s/ Charles L. Davis, Jr.
Charles L. Davis, Jr.
Chief Executive Officer
Huntington VA Funds



A signed  original of this  written  statement  required by Section 906 has been
provided to the  Registrant and will be retained by the Registrant and furnished
to the Securities and Exchange Commission or its staff upon request.





This certification is provided pursuant to Section 906 of the Sarbanes-Oxley Act
of 2002, 18 U.S.C.  ss. 1350, and  accompanies  the report on Form N-CSR for the
period ended June 30, 2003 of Huntington VA Funds (the "Registrant").

I, Bryan C. Haft, the principal  financial  officer of the  Registrant,  certify
that, to the best of my knowledge,:

1.   the Form N-CSR fully  complies  with the  requirements  of Section 13(a) or
     15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m(a) or 78o(d));
     and

2.   the  information  contained  in the  Form  N-CSR  fairly  presents,  in all
     material respects, the financial condition and results of operations of the
     Registrant.



August 13, 2003
Date

/s/ Bryan C. Haft
Bryan C. Haft
Treasurer
Huntington VA Funds


A signed  original of this  written  statement  required by Section 906 has been
provided to the  Registrant and will be retained by the Registrant and furnished
to the Securities and Exchange Commission or its staff upon request.