<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Standish, Ayer & Wood Master Portfolio
form N-SAR for the six months ended June 30, 2000
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 041
<NAME> Standish Global Fixed Income Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 395,522,268
<INVESTMENTS-AT-VALUE> 388,449,149
<RECEIVABLES> 12,117,452
<ASSETS-OTHER> 1,411,343
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 401,977,944
<PAYABLE-FOR-SECURITIES> 7,008,406
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,394,327
<TOTAL-LIABILITIES> 13,402,733
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 311,644,214
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 76,930,997
<NET-ASSETS> 388,575,211
<DIVIDEND-INCOME> 30,995
<INTEREST-INCOME> 11,993,361
<OTHER-INCOME> 0
<EXPENSES-NET> 1,003,539
<NET-INVESTMENT-INCOME> 11,020,817
<REALIZED-GAINS-CURRENT> 685,864
<APPREC-INCREASE-CURRENT> 1,929,815
<NET-CHANGE-FROM-OPS> 13,636,496
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 8,971,157
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 769,470
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,003,539
<AVERAGE-NET-ASSETS> 386,898,492
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.52
</TABLE>
