DIVERSIFIED INVESTORS STRATEGIC VARIABLE FUNDS
NSAR-A, 1998-08-27
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<PAGE>      PAGE  1
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007 C010300  3
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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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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SIGNATURE   ALFRED SYLVAIN                               
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6	 
<SERIES>	
   <NUMBER> 1	
   <NAME> 	SHORT HORIZON STRATEGIC VARIABLE FUND
<MULTIPLIER> 1	
       	
<S>                             <C>	
<PERIOD-TYPE>                  	6-MOS
<FISCAL-YEAR-END>                          	DEC-31-1998
<PERIOD-END>                               	JUN-30-1998
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<INVESTMENTS-AT-VALUE>                       	  993,924
<RECEIVABLES>                                	        0
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<PAYABLE-FOR-SECURITIES>                     	        0 
<SENIOR-LONG-TERM-DEBT>                      	        0 
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<TOTAL-LIABILITIES>                                   632
<SENIOR-EQUITY>                                    	0 
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<SHARES-COMMON-STOCK>                        	   88,275
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<NET-CHANGE-FROM-OPS>                        	   32,933
<EQUALIZATION>                               	        0 
<DISTRIBUTIONS-OF-INCOME>                    	        0 
<DISTRIBUTIONS-OF-GAINS>                     	        0 
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<PER-SHARE-NII>                              	     (.01)
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<PER-SHARE-NAV-END>                          	    11.25 
<EXPENSE-RATIO>                              	      .20
<AVG-DEBT-OUTSTANDING>                       	        0 
<AVG-DEBT-PER-SHARE>                         	        0 

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6	 
<SERIES>	
   <NUMBER> 2	
   <NAME> 	INTERMEDIATE HORIZON STRATEGIC VARIABLE FUND
<MULTIPLIER> 1	
       	
<S>                             <C>	
<PERIOD-TYPE>                  	6-MOS
<FISCAL-YEAR-END>                          	DEC-31-1998
<PERIOD-END>                               	JUN-30-1998
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<RECEIVABLES>                                	        0 
<ASSETS-OTHER>                               	        0 
<OTHER-ITEMS-ASSETS>                         	        0 
<TOTAL-ASSETS>                               	6,383,827 
<PAYABLE-FOR-SECURITIES>                     	        0 
<SENIOR-LONG-TERM-DEBT>                      	        0 
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<TOTAL-LIABILITIES>                                 4,938 
<SENIOR-EQUITY>                                    	0 
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<NET-INVESTMENT-INCOME>                      	   (4,941) 
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<DISTRIBUTIONS-OF-GAINS>                     	        0 
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<AVERAGE-NET-ASSETS>                         	4,998,352
<PER-SHARE-NAV-BEGIN>                        	    11.41 
<PER-SHARE-NII>                              	     (.01)
<PER-SHARE-GAIN-APPREC>                      	      .89
<PER-SHARE-DIVIDEND>                         	        0 
<PER-SHARE-DISTRIBUTIONS>                    	        0 
<RETURNS-OF-CAPITAL>                         	        0 
<PER-SHARE-NAV-END>                          	    12.29 
<EXPENSE-RATIO>                              	      .20
<AVG-DEBT-OUTSTANDING>                       	        0 
<AVG-DEBT-PER-SHARE>                         	        0 

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6	 
<SERIES>	
   <NUMBER> 3	
   <NAME> 	INTERMEDIATE LONG STRATEGIC VARIABLE FUND
<MULTIPLIER> 1	 
       	
<S>                             <C>	
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          	DEC-31-1998
<PERIOD-END>                               	JUN-30-1998
<INVESTMENTS-AT-COST>                        	 7,319,681 
<INVESTMENTS-AT-VALUE>                       	 7,773,066 
<RECEIVABLES>                                	         0
<ASSETS-OTHER>                               	         0 
<OTHER-ITEMS-ASSETS>                         	         0 
<TOTAL-ASSETS>                               	 7,773,066 
<PAYABLE-FOR-SECURITIES>                     	         0 
<SENIOR-LONG-TERM-DEBT>                      	         0 
<OTHER-ITEMS-LIABILITIES>                    	     5,950 
<TOTAL-LIABILITIES>                                  5,950 
<SENIOR-EQUITY>                                    	 0 
<PAID-IN-CAPITAL-COMMON>                     	 7,028,150 
<SHARES-COMMON-STOCK>                        	   597,349 
<SHARES-COMMON-PRIOR>                        	         0 
<ACCUMULATED-NII-CURRENT>                    	         0
<OVERDISTRIBUTION-NII>                       	    -9,486 
<ACCUMULATED-NET-GAINS>                       	   295,067
<OVERDISTRIBUTION-GAINS>                     	         0 
<ACCUM-APPREC-OR-DEPREC>                     	   453,385 
<NET-ASSETS>                                 	 7,767,116 
<DIVIDEND-INCOME>                            	         0  
<INTEREST-INCOME>                            	         0 
<OTHER-INCOME>                               	         0 
<EXPENSES-NET>                               	     5,955 
<NET-INVESTMENT-INCOME>                      	    (5,955) 
<REALIZED-GAINS-CURRENT>                     	   118,822
<APPREC-INCREASE-CURRENT>                    	   395,389
<NET-CHANGE-FROM-OPS>                        	   508,256 
<EQUALIZATION>                               	         0 
<DISTRIBUTIONS-OF-INCOME>                    	         0 
<DISTRIBUTIONS-OF-GAINS>                      	         0 
<DISTRIBUTIONS-OTHER>                        	         0 
<NUMBER-OF-SHARES-SOLD>                      	   280,175 
<NUMBER-OF-SHARES-REDEEMED>                  	   -38,155 
<SHARES-REINVESTED>                          	         0 
<NET-CHANGE-IN-ASSETS>                       	 3,544,381 
<ACCUMULATED-NII-PRIOR>                      	         0 
<ACCUMULATED-GAINS-PRIOR>                    	   176,245 
<OVERDISTRIB-NII-PRIOR>                      	    -3,531 
<OVERDIST-NET-GAINS-PRIOR>                   	         0 
<GROSS-ADVISORY-FEES>                        	     5,955 
<INTEREST-EXPENSE>                           	         0 
<GROSS-EXPENSE>                              	     5,955
<AVERAGE-NET-ASSETS>                         	 6,024,079 
<PER-SHARE-NAV-BEGIN>                        	     11.88 
<PER-SHARE-NII>                              	      (.01)
<PER-SHARE-GAIN-APPREC>                      	      1.13 
<PER-SHARE-DIVIDEND>                         	         0 
<PER-SHARE-DISTRIBUTIONS>                    	         0 
<RETURNS-OF-CAPITAL>                         	         0 
<PER-SHARE-NAV-END>                          	     13.00 
<EXPENSE-RATIO>                              	       .20
<AVG-DEBT-OUTSTANDING>                       	         0 
<AVG-DEBT-PER-SHARE>                         	         0 
	


</TABLE>


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