WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the fund's
semi-annual financial statements, and is qualified in its entirety by reference
to such financial statements.

<CIK> 0000848103
<NAME> NORTH AMERICAN FUND

   <NUMBER> 101
   <NAME> BALANCED FUND

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-START>                             NOV-01-1999
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                         55367884
<INVESTMENTS-AT-VALUE>                        56167605
<RECEIVABLES>                                   760255
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                81
<TOTAL-ASSETS>                                56927941
<PAYABLE-FOR-SECURITIES>                        640099
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        90847
<TOTAL-LIABILITIES>                             730946
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      57520566
<SHARES-COMMON-STOCK>                          1070311
<SHARES-COMMON-PRIOR>                          1330817
<ACCUMULATED-NII-CURRENT>                        85531
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (2207893)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        798791
<NET-ASSETS>                                  56196995
<DIVIDEND-INCOME>                               171960
<INTEREST-INCOME>                               798648
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  666455
<NET-INVESTMENT-INCOME>                         304153
<REALIZED-GAINS-CURRENT>                     (2104720)
<APPREC-INCREASE-CURRENT>                      2695509
<NET-CHANGE-FROM-OPS>                           894942
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       275137
<DISTRIBUTIONS-OF-GAINS>                       1649177
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          42093
<NUMBER-OF-SHARES-REDEEMED>                     510514
<SHARES-REINVESTED>                             207915
<NET-CHANGE-IN-ASSETS>                      (17365941)
<ACCUMULATED-NII-PRIOR>                        1271183
<ACCUMULATED-GAINS-PRIOR>                      8646672
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           245491
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 761524
<AVERAGE-NET-ASSETS>                          64322853
<PER-SHARE-NAV-BEGIN>                            10.49
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                           0.07
<PER-SHARE-DIVIDEND>                              0.22
<PER-SHARE-DISTRIBUTIONS>                         1.31
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.07
<EXPENSE-RATIO>                                   2.14