<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
   <NUMBER> 123
   <NAME> THE AAL BALANCED FUND CLASS I
<MULTIPLIER> 1

<S>                             <C>
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<EXPENSE-RATIO>                                    .52


</TABLE>