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 the J.P. Morgan Global Healthcare Fund - Select
Shares 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> 34570
<INVESTMENTS-AT-VALUE> 34985
<RECEIVABLES> 179
<ASSETS-OTHER> 1090
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36254
<PAYABLE-FOR-SECURITIES> 187
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 258
<TOTAL-LIABILITIES> 445
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35467
<SHARES-COMMON-STOCK> 2370
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 69
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 127
<ACCUM-APPREC-OR-DEPREC> 400
<NET-ASSETS> 35808
<DIVIDEND-INCOME> 13
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 41
<NET-INVESTMENT-INCOME> (28)
<REALIZED-GAINS-CURRENT> (78)
<APPREC-INCREASE-CURRENT> 400
<NET-CHANGE-FROM-OPS> 294
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 35669
<NUMBER-OF-SHARES-REDEEMED> 154
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 35809
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 35
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 126
<AVERAGE-NET-ASSETS> 34036
<PER-SHARE-NAV-BEGIN> 15
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> .08
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.11
<EXPENSE-RATIO> 1.50
</TABLE>