<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
AARP Diversified Growth Portfolio Semiannual Report for the six months ended
3/31/2000 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> AARP Diversified Growth Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Sep-30-2000
<PERIOD-START> Oct-01-1999
<PERIOD-END> Mar-31-2000
<INVESTMENTS-AT-COST> 129,954,061
<INVESTMENTS-AT-VALUE> 140,790,331
<RECEIVABLES> 8,137
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 140,798,468
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 125,320,731
<SHARES-COMMON-STOCK> 7,321,754
<SHARES-COMMON-PRIOR> 7,257,853
<ACCUMULATED-NII-CURRENT> 257,920
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,383,547
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,836,270
<NET-ASSETS> 140,798,468
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 1,711,264
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 1,711,264
<REALIZED-GAINS-CURRENT> 4,356,096
<APPREC-INCREASE-CURRENT> 9,860,147
<NET-CHANGE-FROM-OPS> 15,927,507
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,053,775)
<DISTRIBUTIONS-OF-GAINS> (4,958,153)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15,965,195
<NUMBER-OF-SHARES-REDEEMED> (23,413,360)
<SHARES-REINVESTED> 8,752,637
<NET-CHANGE-IN-ASSETS> 8,220,051
<ACCUMULATED-NII-PRIOR> 2,600,431
<ACCUMULATED-GAINS-PRIOR> 4,985,604
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 135,807,917
<PER-SHARE-NAV-BEGIN> 18.27
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 2.01
<PER-SHARE-DIVIDEND> (0.58)
<PER-SHARE-DISTRIBUTIONS> (0.71)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.23
<EXPENSE-RATIO> 0.00
</TABLE>
