WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW S&P 500 SELECT FUND B
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 97,341,679
<INVESTMENTS-AT-VALUE> 132,025,289
<RECEIVABLES> 749,174
<ASSETS-OTHER> 170,693
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 132,945,156
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (340,092)
<TOTAL-LIABILITIES> (340,092)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99,848,356
<SHARES-COMMON-STOCK> 8,080,676
<SHARES-COMMON-PRIOR> 8,174,825
<ACCUMULATED-NII-CURRENT> (340,232)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,718,458)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34,815,398
<NET-ASSETS> 116,033,866
<DIVIDEND-INCOME> 655,028
<INTEREST-INCOME> 202,007
<OTHER-INCOME> 0
<EXPENSES-NET> (1,197,267)
<NET-INVESTMENT-INCOME> (340,232)
<REALIZED-GAINS-CURRENT> (242,964)
<APPREC-INCREASE-CURRENT> 13,275,057
<NET-CHANGE-FROM-OPS> 12,691,861
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 991,409
<NUMBER-OF-SHARES-REDEEMED> (1,085,558)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 11,547,796
CCUMULATED-NII-PRIOR> (1,475,494)
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (380,780)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,197,267)
<AVERAGE-NET-ASSETS> 110,452,556
<PER-SHARE-NAV-BEGIN> 12.98
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 1.42
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.36
<EXPENSE-RATIO> 1.92
</TABLE>
