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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 7883
074 J000600 0
074 K000600 0
074 L000600 8
074 M000600 31
074 N000600 7922
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074 P000600 0
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074 U020600 0
<PAGE> PAGE 22
074 V010600 100.55
074 V020600 0.00
074 W000600 0.0000
074 X000600 29
074 Y000600 0
075 A000600 0
075 B000600 7233
076 000600 0.00
028 A010700 0
028 A020700 0
028 A030700 0
028 A040700 0
028 B010700 0
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028 C010700 0
028 C020700 0
028 C030700 0
028 C040700 0
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028 D030700 0
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028 F010700 769
028 F020700 0
028 F030700 0
028 F040700 0
028 G010700 12732
028 G020700 0
028 G030700 0
028 G040700 255
028 H000700 0
066 A000700 Y
066 B000700 N
066 C000700 Y
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 Y
<PAGE> PAGE 23
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 Y
070 L020700 N
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 0
071 B000700 0
071 C000700 0
071 D000700 0
072 A000700 3
072 B000700 19
072 C000700 8
072 D000700 0
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<PAGE> PAGE 24
072 O000700 0
072 P000700 0
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072 R000700 11
072 S000700 4
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072 X000700 88
072 Y000700 59
072 Z000700 -2
072AA000700 7
072BB000700 0
072CC010700 0
072CC020700 527
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 0
074 B000700 0
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 11945
074 J000700 0
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074 L000700 25
074 M000700 38
074 N000700 12008
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074 P000700 0
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<PAGE> PAGE 25
074 X000700 61
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075 B000700 9649
076 000700 0.00
028 A010800 0
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028 D010800 2584
028 D020800 0
028 D030800 0
028 D040800 0
028 E010800 1270
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028 F010800 255
028 F020800 9
028 F030800 0
028 F040800 0
028 G010800 4109
028 G020800 9
028 G030800 0
028 G040800 0
028 H000800 0
066 A000800 Y
066 B000800 N
066 C000800 Y
066 D000800 N
066 E000800 N
066 F000800 N
066 G000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 Y
070 B020800 N
070 C010800 N
070 C020800 N
<PAGE> PAGE 26
070 D010800 Y
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 Y
070 L020800 N
070 M010800 Y
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 0
071 B000800 0
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<PAGE> PAGE 27
072 R000800 11
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<PAGE> PAGE 28
075 B000800 3239
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SIGNATURE NICK CHUNIAS
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001003599
<NAME> UBS PRIVATE INVESTOR FUNDS, INC.
<SERIES>
<NUMBER> 001
<NAME> UBS BOND FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 13,471,492
<RECEIVABLES> 15,264
<ASSETS-OTHER> 89,144
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13,575,900
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29,538
<TOTAL-LIABILITIES> 29,538
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,442,115
<SHARES-COMMON-STOCK> 133,467
<SHARES-COMMON-PRIOR> 74,906
<ACCUMULATED-NII-CURRENT> 15,416
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (20,640)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 109,471
<NET-ASSETS> 13,546,362
<DIVIDEND-INCOME> 12,171
<INTEREST-INCOME> 584,252
<OTHER-INCOME> 0
<EXPENSES-NET> 75,323
<NET-INVESTMENT-INCOME> 521,100
<REALIZED-GAINS-CURRENT> (3,776)
<APPREC-INCREASE-CURRENT> 108,850
<NET-CHANGE-FROM-OPS> 626,174
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (521,100)
<DISTRIBUTIONS-OF-GAINS> (11,079)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,921,938
<NUMBER-OF-SHARES-REDEEMED> (5,479,261)
<SHARES-REINVESTED> 509,400
<NET-CHANGE-IN-ASSETS> 6,046,072
<ACCUMULATED-NII-PRIOR> (4,086)
<ACCUMULATED-GAINS-PRIOR> 8,678
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 42,242
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 221,107
<AVERAGE-NET-ASSETS> 9,444,375
<PER-SHARE-NAV-BEGIN> 100.13
<PER-SHARE-NII> 5.71
<PER-SHARE-GAIN-APPREC> 1.30
<PER-SHARE-DIVIDEND> (5.53)
<PER-SHARE-DISTRIBUTIONS> (0.11)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 101.50
<EXPENSE-RATIO> 0.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001003599
<NAME> UBS PRIVATE INVESTOR FUNDS, INC.
<SERIES>
<NUMBER> 002
<NAME> UBS VALUE EQUITY FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 26,454,709
<RECEIVABLES> 9,021
<ASSETS-OTHER> 91,315
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 26,555,045
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 31,095
<TOTAL-LIABILITIES> 31,095
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22,506,615
<SHARES-COMMON-STOCK> 205,343
<SHARES-COMMON-PRIOR> 88,712
<ACCUMULATED-NII-CURRENT> 11,388
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 203,409
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,802,538
<NET-ASSETS> 26,523,950
<DIVIDEND-INCOME> 584,504
<INTEREST-INCOME> 41,559
<OTHER-INCOME> 0
<EXPENSES-NET> 193,569
<NET-INVESTMENT-INCOME> 432,494
<REALIZED-GAINS-CURRENT> 1,477,194
<APPREC-INCREASE-CURRENT> 3,117,642
<NET-CHANGE-FROM-OPS> 5,027,330
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (435,505)
<DISTRIBUTIONS-OF-GAINS> (1,287,470)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20,401,903
<NUMBER-OF-SHARES-REDEEMED> (8,361,026)
<SHARES-REINVESTED> 1,713,022
<NET-CHANGE-IN-ASSETS> 17,058,254
<ACCUMULATED-NII-PRIOR> 1,157
<ACCUMULATED-GAINS-PRIOR> 13,685
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 119,320
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 371,394
<AVERAGE-NET-ASSETS> 19,939,085
<PER-SHARE-NAV-BEGIN> 106.70
<PER-SHARE-NII> 2.32
<PER-SHARE-GAIN-APPREC> 29.17
<PER-SHARE-DIVIDEND> (2.27)
<PER-SHARE-DISTRIBUTIONS> (6.75)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 129.17
<EXPENSE-RATIO> 0.97
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001003599
<NAME> UBS PRIVATE INVESTOR FUNDS, INC.
<SERIES>
<NUMBER> 003
<NAME> UBS INTERNATIONAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 23,124,610
<RECEIVABLES> 59,210
<ASSETS-OTHER> 89,638
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23,273,458
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26,070
<TOTAL-LIABILITIES> 26,070
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,972,955
<SHARES-COMMON-STOCK> 243,761
<SHARES-COMMON-PRIOR> 258,877
<ACCUMULATED-NII-CURRENT> 19,032
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 357,720
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,102,319)
<NET-ASSETS> 23,247,388
<DIVIDEND-INCOME> 500,589
<INTEREST-INCOME> 173,033
<OTHER-INCOME> 0
<EXPENSES-NET> 334,951
<NET-INVESTMENT-INCOME> 338,671
<REALIZED-GAINS-CURRENT> 921,325
<APPREC-INCREASE-CURRENT> (3,442,927)
<NET-CHANGE-FROM-OPS> (2,182,931)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (323,895)
<DISTRIBUTIONS-OF-GAINS> (626,539)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20,167,259
<NUMBER-OF-SHARES-REDEEMED> (21,289,737)
<SHARES-REINVESTED> 879,502
<NET-CHANGE-IN-ASSETS> (3,376,341)
<ACCUMULATED-NII-PRIOR> 18,022
<ACCUMULATED-GAINS-PRIOR> 37,818
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 224,251
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 564,500
<AVERAGE-NET-ASSETS> 26,506,218
<PER-SHARE-NAV-BEGIN> 102.84
<PER-SHARE-NII> 1.27
<PER-SHARE-GAIN-APPREC> (5.01)
<PER-SHARE-DIVIDEND> (1.26)
<PER-SHARE-DISTRIBUTIONS> (2.47)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 95.37
<EXPENSE-RATIO> 1.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001003599
<NAME> UBS PRIVATE INVESTOR FUNDS, INC.
<SERIES>
<NUMBER> 005
<NAME> UBS INSTIT INTERNATIONAL EQUITY
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 13,153,439
<RECEIVABLES> 25,366
<ASSETS-OTHER> 24,214
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13,203,019
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 45,459
<TOTAL-LIABILITIES> 45,459
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,970,451
<SHARES-COMMON-STOCK> 138,357
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (5,991)
<ACCUMULATED-NET-GAINS> 194,135
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,001,035)
<NET-ASSETS> 13,157,560
<DIVIDEND-INCOME> 205,478
<INTEREST-INCOME> 67,231
<OTHER-INCOME> 0
<EXPENSES-NET> 95,595
<NET-INVESTMENT-INCOME> 177,114
<REALIZED-GAINS-CURRENT> 433,446
<APPREC-INCREASE-CURRENT> (1,001,035)
<NET-CHANGE-FROM-OPS> (390,475)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (173,638)
<DISTRIBUTIONS-OF-GAINS> (249,043)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,970,716
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 13,157,560
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 85,392
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 193,545
<AVERAGE-NET-ASSETS> 14,072,710
<PER-SHARE-NAV-BEGIN> 100.00
<PER-SHARE-NII> 1.21
<PER-SHARE-GAIN-APPREC> (3.05)
<PER-SHARE-DIVIDEND> (1.26)
<PER-SHARE-DISTRIBUTIONS> (1.80)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 95.10
<EXPENSE-RATIO> 0.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001003599
<NAME> UBS PRIVATE INVESTOR FUNDS, INC.
<SERIES>
<NUMBER> 006
<NAME> UBS HIGH YIELD BOND FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 7,882,781
<RECEIVABLES> 8,000
<ASSETS-OTHER> 30,855
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,921,636
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60,375
<TOTAL-LIABILITIES> 60,375
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,809,726
<SHARES-COMMON-STOCK> 78,181
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2,277
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 17,380
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 31,878
<NET-ASSETS> 7,861,261
<DIVIDEND-INCOME> 2,165
<INTEREST-INCOME> 146,094
<OTHER-INCOME> 0
<EXPENSES-NET> 16,409
<NET-INVESTMENT-INCOME> 131,850
<REALIZED-GAINS-CURRENT> 17,380
<APPREC-INCREASE-CURRENT> 31,878
<NET-CHANGE-FROM-OPS> 181,108
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (129,573)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7,756,774
<NUMBER-OF-SHARES-REDEEMED> (76,294)
<SHARES-REINVESTED> 129,246
<NET-CHANGE-IN-ASSETS> 7,861,261
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 965
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 90,847
<AVERAGE-NET-ASSETS> 7,233,355
<PER-SHARE-NAV-BEGIN> 100.00
<PER-SHARE-NII> 1.80
<PER-SHARE-GAIN-APPREC> 0.52
<PER-SHARE-DIVIDEND> (1.77)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 100.55
<EXPENSE-RATIO> 0.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001003599
<NAME> UBS PRIVATE INVESTOR FUNDS, INC.
<SERIES>
<NUMBER> 007
<NAME> UBS SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 11,944,837
<RECEIVABLES> 25,000
<ASSETS-OTHER> 38,289
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12,008,126
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 54,128
<TOTAL-LIABILITIES> 54,128
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,476,507
<SHARES-COMMON-STOCK> 126,657
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,249
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (526,758)
<NET-ASSETS> 11,953,998
<DIVIDEND-INCOME> 7,705
<INTEREST-INCOME> 19,156
<OTHER-INCOME> 0
<EXPENSES-NET> 29,174
<NET-INVESTMENT-INCOME> (2,313)
<REALIZED-GAINS-CURRENT> 6,540
<APPREC-INCREASE-CURRENT> (526,758)
<NET-CHANGE-FROM-OPS> (522,531)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,731,529
<NUMBER-OF-SHARES-REDEEMED> (255,000)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 11,953,998
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,873
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 88,260
<AVERAGE-NET-ASSETS> 9,649,332
<PER-SHARE-NAV-BEGIN> 100.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> (5.62)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 94.38
<EXPENSE-RATIO> 1.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001003599
<NAME> UBS PRIVATE INVESTOR FUNDS, INC.
<SERIES>
<NUMBER> 008
<NAME> UBS LARGE CAP GROWTH FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 4,138,823
<RECEIVABLES> 11,705
<ASSETS-OTHER> 32,273
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,182,801
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 45,687
<TOTAL-LIABILITIES> 45,687
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,117,538
<SHARES-COMMON-STOCK> 41,697
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 300
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (14,545)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 33,821
<NET-ASSETS> 4,137,114
<DIVIDEND-INCOME> 10,648
<INTEREST-INCOME> 5,624
<OTHER-INCOME> 0
<EXPENSES-NET> 6,922
<NET-INVESTMENT-INCOME> 9,350
<REALIZED-GAINS-CURRENT> (14,545)
<APPREC-INCREASE-CURRENT> 33,821
<NET-CHANGE-FROM-OPS> 28,626
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,050)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,108,844
<NUMBER-OF-SHARES-REDEEMED> (356)
<SHARES-REINVESTED> 9,050
<NET-CHANGE-IN-ASSETS> 4,137,114
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 198
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 59,083
<AVERAGE-NET-ASSETS> 3,239,263
<PER-SHARE-NAV-BEGIN> 100.00
<PER-SHARE-NII> 0.23
<PER-SHARE-GAIN-APPREC> (0.79)
<PER-SHARE-DIVIDEND> (0.22)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 99.22
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
Proxy Voting Results
A special meeting of the shareholders of UBS Private Investor Funds, Inc. with
respect to UBS Small Cap Fund, UBS Large Cap Growth Fund and UBS High Yield Bond
Fund was held Monday, December 22, 1997. The Meeting was adjourned with respect
to Proposals 3 and 4 and reconvened on December 29, 1997. The results of votes
taken among shareholders of UBS Small Cap Fund on proposals are listed below.
Proposal 1
To approve a proposal to adopt an Investment Advisory Agreement between UBS
Investor Portfolios Trust (the "Trust") and Union Bank of Switzerland, New York
Branch (the "Adviser"), with respect to the assets of UBS Small Cap Portfolio.
# of Shares Voted % of Shares
Affirmative . . . . . . . . 75,694.244 74.35%
Against . . . . . . . . . . . 1,631.646 1.60%
Abstain . . . . . . . . . . . 0 0.00%
Proposal 2
To adopt an Investment Sub-Advisory Agreement between the Adviser and UBS Asset
Management (New York) Inc., (the "Sub-Adviser"), with respect to the assets of
UBS Small Cap Portfolio.
# of Shares Voted % of Shares
Affirmative . . . . . . . . 75,694.244 74.35%
Against . . . . . . . . . . . 1,631.646 1.60%
Abstain . . . . . . . . . . . 0 0.00%
Proxy Voting Results
A special meeting of the shareholders of UBS Private Investor Funds, Inc. with
respect to UBS Small Cap Fund, UBS Large Cap Growth Fund and UBS High Yield Bond
Fund was held Monday, December 22, 1997. The Meeting was adjourned with respect
to Proposals 3 and 4 and reconvened on December 29, 1997. The results of votes
taken among shareholders of UBS Large Cap Growth Fund on proposals are listed
below.
Proposal 3
To approve a proposal to adopt an Investment Advisory Agreement between UBS
Investor Portfolios Trust (the "Trust") and Union Bank of Switzerland, New York
Branch (the "Adviser"), with respect to the assets of UBS Large Cap Growth
Portfolio.
# of Shares Voted % of Shares
Affirmative . . . . . . . . 22,537.275 80.99%
Against . . . . . . . . . . . 0 0.00%
Abstain . . . . . . . . . . . 0 0.00%
Proposal 4
To adopt an Investment Sub-Advisory Agreement between the Adviser and UBS Asset
Management (New York) Inc., (the "Sub-Adviser"), with respect to the assets of
UBS Large Cap Growth Portfolio.
# of Shares Voted % of Shares
Affirmative . . . . . . . . 22,537.275 80.99%
Against . . . . . . . . . . . 0 0.00%
Abstain . . . . . . . . . . . 0 0.00%
Proxy Voting Results
A special meeting of the shareholders of UBS Private Investor Funds, Inc. with
respect to UBS Small Cap Fund, UBS Large Cap Growth Fund and UBS High Yield Bond
Fund was held Monday, December 22, 1997. The Meeting was adjourned with respect
to Proposals 3 and 4 and reconvened on December 29, 1997. The results of votes
taken among shareholders of UBS High Yield Bond Fund on proposals are listed
below.
Proposal 5
To approve a proposal to adopt an Investment Advisory Agreement between UBS
Investor Portfolios Trust (the "Trust") and Union Bank of Switzerland, New York
Branch (the "Adviser"), with respect to the assets of UBS High Yield Bond
Portfolio.
# of Shares Voted % of Shares
Affirmative . . . . . . . . 53,720.962 71.14%
Against . . . . . . . . . . . 1,089.691 1.44%
Abstain . . . . . . . . . . . 0 0.00%
Proposal 6
To adopt an Investment Sub-Advisory Agreement between the Adviser and UBS Asset
Management (New York) Inc., (the "Sub-Adviser"), with respect to the assets of
UBS High Yield Bond Portfolio.
# of Shares Voted % of Shares
Affirmative . . . . . . . . 53,720.962 71.14%
Against . . . . . . . . . . . 1,089.691 1.44%
Abstain . . . . . . . . . . . 0 0.00%
