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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 19
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062 P000300 10.5
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063 B000300 4.5
064 A000300 N
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
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069 000300 N
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<PAGE> PAGE 20
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 Y
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 Y
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 11532
071 B000300 6733
071 C000300 3539
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072 B000300 244
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<PAGE> PAGE 21
072 M000300 9
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072 Z000300 200
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072DD020300 0
072EE000300 0
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<PAGE> PAGE 22
074 V020300 0.00
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015 A000401 FIDUCIARY TRUST INTERNATIONAL
015 B000401 C
015 C010401 NEW YORK
015 C020401 NY
015 C030401 10048
015 E040401 X
015 A000402 CITIBANK, N.A.
015 B000402 S
015 C010402 1036 BUENOS AIRES
015 D010402 ARGENTINA
015 E040402 X
015 A000403 NATIONAL AUSTRALIA BANK
015 B000403 S
015 C010403 3000 MELBOURNE
015 D010403 AUSTRALIA
015 E040403 X
015 A000404 CANADA TRUST
015 B000404 S
015 C010404 TORONTO, ONTARIO
015 D010404 M5J 2T2 CANADA
015 E040404 X
015 A000405 EUROCLEAR
015 B000405 S
015 C010405 DK-1092 COPENHAGEN
015 D010405 DENMARK
015 E040405 X
015 A000406 EUROCLEAR
015 B000406 S
015 C010406 B-1210 BELGIUM
015 D010406 EUROPE
015 E040406 X
015 A000407 EUROCLEAR
015 B000407 S
015 C010407 178 RUE MONTMARTRE
015 D010407 FRANCE
015 E040407 X
015 A000408 EUROCLEAR
015 B000408 S
015 C010408 D-65755 ESCHBORN
015 D010408 GERMANY
015 E040408 X
015 A000409 ROYAL BANK OF SCOTLAND
015 B000409 S
015 C010409 DUBLIN 1
<PAGE> PAGE 23
015 D010409 IRELAND
015 E040409 X
015 A000410 CITIBANK, N.A.
015 B000410 S
015 C010410 MILAN
015 D010410 ITALY
015 E040410 X
015 A000411 BANK OF TOKYO-MITSUBISHI, LTD.
015 B000411 S
015 C010411 CHUO-KU J-TOKYO
015 D010411 JAPAN
015 E040411 X
015 A000412 EUROCLEAR
015 B000412 S
015 C010412 4800 DE BREDA (OUBI)
015 D010412 NETHERLANDS
015 E040412 X
015 A000413 EUROCLEAR
015 B000413 S
015 C010413 E-28022 MADRID
015 D010413 SPAIN
015 E040413 X
015 A000414 EUROCLEAR
015 B000414 S
015 C010414 STOCKHOLM
015 D010414 SWEDEN
015 E040414 X
015 A000415 ROYAL BANK OF SCOTLAND
015 B000415 S
015 C010415 LONDON N1 8XL
015 D010415 UNITIED KINGDOM
015 E040415 X
015 A000416 DEPOSITORY TRUST
015 B000416 S
015 C010416 NEW YORK
015 C020416 NY
015 C030416 10005
015 E010416 X
024 000400 N
025 D000401 0
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 0
028 A020400 8
028 A030400 0
028 A040400 10
<PAGE> PAGE 24
028 B010400 0
028 B020400 -7
028 B030400 0
028 B040400 0
028 C010400 250
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028 C030400 0
028 C040400 210
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028 D020400 0
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028 G020400 1
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045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.700
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<PAGE> PAGE 25
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
062 A000400 Y
062 B000400 6.5
062 C000400 0.0
062 D000400 13.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.1
062 L000400 0.0
062 M000400 16.8
062 N000400 8.5
062 O000400 0.0
062 P000400 12.1
062 Q000400 50.4
062 R000400 0.0
063 A000400 0
063 B000400 5.6
064 A000400 N
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 Y
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 Y
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 Y
<PAGE> PAGE 26
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
070 N010400 Y
070 N020400 Y
070 O010400 Y
070 O020400 Y
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 2871
071 B000400 11532
071 C000400 1000
071 D000400 287
072 A000400 12
072 B000400 43
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<PAGE> PAGE 27
072DD020400 0
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SIGNATURE S.ELLIOTT COHEN
TITLE ASST. GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 01
<NAME> FTI Funds
FTI Small Capitalization Equity Fund
<PERIOD-TYPE> 12-Mos
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<PERIOD-END> Nov-30-1996
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 02
<NAME> FTI Funds
FTI International Equity Fund
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Nov-30-1996
<PERIOD-END> Nov-30-1996
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<PER-SHARE-NAV-BEGIN> 10.000
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 03
<NAME> FTI Funds
FTI International Bond Fund
<PERIOD-TYPE> 10-MOS
<FISCAL-YEAR-END> Nov-30-1996
<PERIOD-END> Nov-30-1996
<INVESTMENTS-AT-COST> 4,868,744
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 04
<NAME> FTI Funds
FTI Global Bond Fund
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<PERIOD-END> Nov-30-1996
<INVESTMENTS-AT-COST> 1,118,098
<INVESTMENTS-AT-VALUE> 1,138,412
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</TABLE>
