WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the annual report
dated October 31, 2000 for J.P. Morgan Global 50 Fund and is qualified in its
entirety by reference to such annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 152788
<INVESTMENTS-AT-VALUE> 154880
<RECEIVABLES> 6438
<ASSETS-OTHER> 2024
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 163342
<PAYABLE-FOR-SECURITIES> 3396
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2210
<TOTAL-LIABILITIES> 5606
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 146128
<SHARES-COMMON-STOCK> 8587
<SHARES-COMMON-PRIOR> 5596
<ACCUMULATED-NII-CURRENT> 1928
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7085
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2595
<NET-ASSETS> 157736
<DIVIDEND-INCOME> 2736
<INTEREST-INCOME> 359
<OTHER-INCOME> 0
<EXPENSES-NET> 2245
<NET-INVESTMENT-INCOME> 850
<REALIZED-GAINS-CURRENT> 8042
<APPREC-INCREASE-CURRENT> (8808)
<NET-CHANGE-FROM-OPS> 84
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1261
<DISTRIBUTIONS-OF-GAINS> 2090
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8705
<NUMBER-OF-SHARES-REDEEMED> 5849
<SHARES-REINVESTED> 135
<NET-CHANGE-IN-ASSETS> 56665
<ACCUMULATED-NII-PRIOR> 1614
<ACCUMULATED-GAINS-PRIOR> 1877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1870
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2698
<AVERAGE-NET-ASSETS> 149582
<PER-SHARE-NAV-BEGIN> 18.06
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 0.73
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.58
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.37
<EXPENSE-RATIO> 1.50
</TABLE>
