<!-- Generated by iC(tm) - CompSci Interactive Converter - http://www.compsciresources.com -->     
<!-- Created: Mon Mar 21 19:23:31 UTC 2011 -->  
<xs:schema xmlns:xbrli="http://www.xbrl.org/2003/instance" targetNamespace="http://www.thirdavenuefunds.com/20110228" xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:us-types="http://xbrl.us/us-types/2009-01-31" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" elementFormDefault="qualified" xmlns:cik0001031661="http://www.thirdavenuefunds.com/20110228" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">  
  <xs:annotation>   
    <xs:appinfo>  
      <link:linkbaseRef xlink:type="simple" xlink:href="cik0001031661-20110228_lab.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef"/>     
      <link:linkbaseRef xlink:type="simple" xlink:href="cik0001031661-20110228_pre.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef"/>  
      <link:linkbaseRef xlink:type="simple" xlink:href="cik0001031661-20110228_def.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef"/>     
    </xs:appinfo>   
  </xs:annotation>    
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>  
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>  
  <xs:import namespace="http://xbrl.us/us-types/2009-01-31" schemaLocation="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-types-2009-01-31.xsd"/>  
  <xs:import namespace="http://xbrl.us/us-gaap/negated/2008-03-31" schemaLocation="http://www.xbrl.org/lrr/role/negated-2008-03-31.xsd"/>   
  <xs:import namespace="http://xbrl.sec.gov/rr-ent/2010-02-28" schemaLocation="http://xbrl.sec.gov/rr/2010/rr-ent-2010-02-28.xsd"/>  
  <xs:element name="C000003885Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000003885Member"/>    
  <xs:element name="C000085634Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000085634Member"/>    
  <xs:element name="C000003886Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000003886Member"/>    
  <xs:element name="C000085635Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000085635Member"/>    
  <xs:element name="C000003887Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000003887Member"/>    
<!-- [WMV3][XcpuxYn59dz7vgYynUDuwG7r97K2jUTysl7vcz0lJt+zoEiIZmtp2K7SL7P1GDa7FvigrF1j0I69zrPJIRyixECLkS1EPge9lGoCqGjKgPB0TdF11g6zdvR4YoZ69A7tsKB5xBbbIlTiQcSd8M3XHgOf+UVH4xRPgbo9FSlD/dUSP/R+EEVWCkWcLB452G1SEdQOjVzYJQHNzsp9lEDUjoPsPXWDy2BDwEjT3D7/Co+My+HvvFNaPShpxYgi8bUcJCFTx/LRDCjz53h3jQM37Aqr1YdEaPVC] CSR-->    
  <xs:element name="C000085636Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000085636Member"/>    
  <xs:element name="C000003888Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000003888Member"/>    
  <xs:element name="C000085637Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000085637Member"/>    
  <xs:element name="C000081037Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000081037Member"/>    
  <xs:element name="C000081036Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000081036Member"/>    
  <xs:element name="S000001464Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_S000001464Member"/>    
  <xs:element name="S000001465Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_S000001465Member"/>    
  <xs:element name="S000001466Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_S000001466Member"/>    
  <xs:element name="S000001467Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_S000001467Member"/>    
  <xs:element name="S000026399Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_S000026399Member"/>    
  <xs:element name="C000079264Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_C000079264Member"/>    
  <xs:element name="Russell_2000_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_Russell_2000_IndexMember"/>     
  <xs:element name="Barclays_Capital_US_Corporate_High_Yield_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_Barclays_Capital_US_Corporate_High_Yield_IndexMember"/> 
  <xs:element name="Russell_2000_Value_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_Russell_2000_Value_IndexMember"/>  
  <xs:element name="MSCI_World_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_MSCI_World_IndexMember"/> 
  <xs:element name="Standard_Poors_500_Index_SP_500Member" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_Standard_Poors_500_Index_SP_500Member"/> 
  <xs:element name="SP_Small_Cap_600_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_SP_Small_Cap_600_IndexMember"/>   
  <xs:element name="Morgan_Stanley_Capital_International_All_Country_World_ex_US_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_Morgan_Stanley_Capital_International_All_Country_World_ex_US_IndexMember"/> 
  <xs:element name="FTSE_EPRA_NAREIT_Developed_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_FTSE_EPRA_NAREIT_Developed_IndexMember"/>   
  <xs:element name="Credit_Suisse_Leveraged_Loan_IndexMember" type="us-types:domainItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="cik0001031661_Credit_Suisse_Leveraged_Loan_IndexMember"/>  
</xs:schema>