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TITLE TREASURER
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<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 4,034,422
<INVESTMENTS-AT-VALUE> 4,042,679
<RECEIVABLES> 5,555
<ASSETS-OTHER> 54,390
<OTHER-ITEMS-ASSETS> 94,755
<TOTAL-ASSETS> 4,197,379
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 168,804
<TOTAL-LIABILITIES> 168,804
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,028,575
<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> 0
<NET-ASSETS> 4,028,575
<DIVIDEND-INCOME> 52,406
<INTEREST-INCOME> 3,167
<OTHER-INCOME> 0
<EXPENSES-NET> 250,565
<NET-INVESTMENT-INCOME> (194,992)
<REALIZED-GAINS-CURRENT> 212,346
<APPREC-INCREASE-CURRENT> 8,257
<NET-CHANGE-FROM-OPS> 25,611
<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> 4,017,463
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21,527
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 250,565
<AVERAGE-NET-ASSETS> 2,904,309
<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> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 9.87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> Japanese Equity Portfolio
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 1,637,197
<INVESTMENTS-AT-VALUE> 1,411,715
<RECEIVABLES> 47,558
<ASSETS-OTHER> 54,426
<OTHER-ITEMS-ASSETS> 303,437
<TOTAL-ASSETS> 1,817,136
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 168,061
<TOTAL-LIABILITIES> 168,061
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,649,075
<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> 0
<NET-ASSETS> 1,649,075
<DIVIDEND-INCOME> 5,652
<INTEREST-INCOME> 8,166
<OTHER-INCOME> 0
<EXPENSES-NET> 216,259
<NET-INVESTMENT-INCOME> (202,441)
<REALIZED-GAINS-CURRENT> (291,835)
<APPREC-INCREASE-CURRENT> (247,060)
<NET-CHANGE-FROM-OPS> (741,336)
<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> 1,637,963
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 11,948
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 216,259
<AVERAGE-NET-ASSETS> 1,617,541
<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> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 15.44
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> Global Bond Portfolio
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 3,489,574
<INVESTMENTS-AT-VALUE> 3,532,735
<RECEIVABLES> 88,174
<ASSETS-OTHER> 54,317
<OTHER-ITEMS-ASSETS> 311,617
<TOTAL-ASSETS> 3,986,843
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 154,727
<TOTAL-LIABILITIES> 154,727
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,832,116
<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> 0
<NET-ASSETS> 3,832,116
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 153,267
<OTHER-INCOME> 0
<EXPENSES-NET> 225,764
<NET-INVESTMENT-INCOME> (72,497)
<REALIZED-GAINS-CURRENT> (16,020)
<APPREC-INCREASE-CURRENT> 42,134
<NET-CHANGE-FROM-OPS> (46,383)
<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> 3,821,004
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 20,623
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 225,764
<AVERAGE-NET-ASSETS> 3,138,534
<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> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 8.18
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> European Bond Portfolio
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 6,089,406
<INVESTMENTS-AT-VALUE> 6,324,919
<RECEIVABLES> 295,443
<ASSETS-OTHER> 54,390
<OTHER-ITEMS-ASSETS> 83,735
<TOTAL-ASSETS> 6,758,487
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 158,641
<TOTAL-LIABILITIES> 158,641
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,599,846
<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> 0
<NET-ASSETS> 6,599,846
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 158,269
<OTHER-INCOME> 0
<EXPENSES-NET> 227,805
<NET-INVESTMENT-INCOME> (69,536)
<REALIZED-GAINS-CURRENT> 77,531
<APPREC-INCREASE-CURRENT> 241,738
<NET-CHANGE-FROM-OPS> 249,733
<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> 6,588,734
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21,836
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 227,805
<AVERAGE-NET-ASSETS> 3,345,723
<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> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 7.79
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> Deutsche U.S. Money Market
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 294,388,969
<INVESTMENTS-AT-VALUE> 294,388,969
<RECEIVABLES> 999,791
<ASSETS-OTHER> 60,668
<OTHER-ITEMS-ASSETS> 470,713
<TOTAL-ASSETS> 295,920,141
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 377,287
<TOTAL-LIABILITIES> 377,287
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 295,542,854
<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> 0
<NET-ASSETS> 295,542,854
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,031,912
<OTHER-INCOME> 0
<EXPENSES-NET> 353,754
<NET-INVESTMENT-INCOME> 7,678,158
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 7,678,158
<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> 295,542,644
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 215,792
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 353,754
<AVERAGE-NET-ASSETS> 328,184,651
<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> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
