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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 21
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<PAGE> PAGE 22
SIGNATURE TAMARA L. FAGELY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 48 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 011
<NAME> FORTIS CAPITAL FUND (CLASS A)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 274,211,065
<INVESTMENTS-AT-VALUE> 326,195,439
<RECEIVABLES> 15,505,742
<ASSETS-OTHER> 70,790,013<F1>
<OTHER-ITEMS-ASSETS> 18,935
<TOTAL-ASSETS> 412,510,129
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,149,835<F1>
<TOTAL-LIABILITIES> 71,149,835
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 193,918,206
<SHARES-COMMON-STOCK> 13,973,341
<SHARES-COMMON-PRIOR> 13,047,974
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 95,457,714
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51,984,374
<NET-ASSETS> 341,360,294
<DIVIDEND-INCOME> 1,812,164
<INTEREST-INCOME> 1,245,775
<OTHER-INCOME> 233,348<F2>
<EXPENSES-NET> (4,566,577)
<NET-INVESTMENT-INCOME> (1,275,290)
<REALIZED-GAINS-CURRENT> 99,276,929
<APPREC-INCREASE-CURRENT> (90,739,760)
<NET-CHANGE-FROM-OPS> 7,261,879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (51,765,513)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,862,268
<NUMBER-OF-SHARES-REDEEMED> (3,138,422)
<SHARES-REINVESTED> 2,201,521
<NET-CHANGE-IN-ASSETS> (22,772,736)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 52,118,748
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,140,323
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,566,577
<AVERAGE-NET-ASSETS> 379,195,000
<PER-SHARE-NAV-BEGIN> 26.13
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (4.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.37
<EXPENSE-RATIO> 1.13
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $60,377,198 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $70,790,013 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 48 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 012
<NAME> FORTIS CAPITAL FUND (CLASS B)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 274,211,065
<INVESTMENTS-AT-VALUE> 326,195,439
<RECEIVABLES> 15,505,742
<ASSETS-OTHER> 70,790,013<F1>
<OTHER-ITEMS-ASSETS> 18,935
<TOTAL-ASSETS> 412,510,129
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,149,835<F1>
<TOTAL-LIABILITIES> 71,149,835
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 193,918,206
<SHARES-COMMON-STOCK> 429,750
<SHARES-COMMON-PRIOR> 283,746
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 95,457,714
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51,984,374
<NET-ASSETS> 341,360,294
<DIVIDEND-INCOME> 1,812,164
<INTEREST-INCOME> 1,245,775
<OTHER-INCOME> 233,348<F2>
<EXPENSES-NET> (4,566,577)
<NET-INVESTMENT-INCOME> (1,275,290)
<REALIZED-GAINS-CURRENT> 99,276,929
<APPREC-INCREASE-CURRENT> (90,739,760)
<NET-CHANGE-FROM-OPS> 7,261,879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1,230,974)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 147,489
<NUMBER-OF-SHARES-REDEEMED> (59,107)
<SHARES-REINVESTED> 57,622
<NET-CHANGE-IN-ASSETS> (22,772,736)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 52,118,748
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,140,323
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,566,577
<AVERAGE-NET-ASSETS> 379,195,000
<PER-SHARE-NAV-BEGIN> 25.67
<PER-SHARE-NII> (0.26)
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (4.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.73
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $60,377,198 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $70,790,013 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 48 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 013
<NAME> FORTIS CAPITAL FUND (CLASS C)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 274,211,065
<INVESTMENTS-AT-VALUE> 326,195,439
<RECEIVABLES> 15,505,742
<ASSETS-OTHER> 70,790,013<F1>
<OTHER-ITEMS-ASSETS> 18,935
<TOTAL-ASSETS> 412,510,129
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,149,835<F1>
<TOTAL-LIABILITIES> 71,149,835
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 193,918,206
<SHARES-COMMON-STOCK> 112,878
<SHARES-COMMON-PRIOR> 55,777
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 95,457,714
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51,984,374
<NET-ASSETS> 341,360,294
<DIVIDEND-INCOME> 1,812,164
<INTEREST-INCOME> 1,245,775
<OTHER-INCOME> 233,348<F2>
<EXPENSES-NET> (4,566,577)
<NET-INVESTMENT-INCOME> (1,275,290)
<REALIZED-GAINS-CURRENT> 99,276,929
<APPREC-INCREASE-CURRENT> (90,739,760)
<NET-CHANGE-FROM-OPS> 7,261,879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (528,829)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 139,698
<NUMBER-OF-SHARES-REDEEMED> (93,825)
<SHARES-REINVESTED> 11,228
<NET-CHANGE-IN-ASSETS> (22,772,736)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 52,118,748
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,140,323
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,566,577
<AVERAGE-NET-ASSETS> 379,195,000
<PER-SHARE-NAV-BEGIN> 25.68
<PER-SHARE-NII> (0.27)
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (4.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.73
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $60,377,198 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $70,790,013 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 48 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 014
<NAME> FORTIS CAPITAL FUND (CLASS H)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 274,211,065
<INVESTMENTS-AT-VALUE> 326,195,439
<RECEIVABLES> 15,505,742
<ASSETS-OTHER> 70,790,013<F1>
<OTHER-ITEMS-ASSETS> 18,935
<TOTAL-ASSETS> 412,510,129
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,149,835<F1>
<TOTAL-LIABILITIES> 71,149,835
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 193,918,206
<SHARES-COMMON-STOCK> 781,254
<SHARES-COMMON-PRIOR> 563,335
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 95,457,714
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51,984,374
<NET-ASSETS> 341,360,294
<DIVIDEND-INCOME> 1,812,164
<INTEREST-INCOME> 1,245,775
<OTHER-INCOME> 233,348<F2>
<EXPENSES-NET> (4,566,577)
<NET-INVESTMENT-INCOME> (1,275,290)
<REALIZED-GAINS-CURRENT> 99,276,929
<APPREC-INCREASE-CURRENT> (90,739,760)
<NET-CHANGE-FROM-OPS> 7,261,879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2,412,647)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 241,584
<NUMBER-OF-SHARES-REDEEMED> (130,973)
<SHARES-REINVESTED> 107,308
<NET-CHANGE-IN-ASSETS> (22,772,736)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 52,118,748
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,140,323
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,566,577
<AVERAGE-NET-ASSETS> 379,195,000
<PER-SHARE-NAV-BEGIN> 25.68
<PER-SHARE-NII> (0.26)
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (4.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.74
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $60,377,198 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $70,790,013 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 46 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 031
<NAME> FORTIS GROWTH & INCOME FUND (CLASS A)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 34,226,442
<INVESTMENTS-AT-VALUE> 34,589,500
<RECEIVABLES> 127,887
<ASSETS-OTHER> 3,193,665<F1>
<OTHER-ITEMS-ASSETS> 15,225
<TOTAL-ASSETS> 37,926,277
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,250,456<F1>
<TOTAL-LIABILITIES> 3,250,456
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33,129,709
<SHARES-COMMON-STOCK> 1,591,074
<SHARES-COMMON-PRIOR> 1,064,915
<ACCUMULATED-NII-CURRENT> 125,891
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,057,163
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 363,058
<NET-ASSETS> 34,675,821
<DIVIDEND-INCOME> 691,961
<INTEREST-INCOME> 335,461
<OTHER-INCOME> 10,875<F2>
<EXPENSES-NET> (587,926)
<NET-INVESTMENT-INCOME> 450,371
<REALIZED-GAINS-CURRENT> 1,099,245
<APPREC-INCREASE-CURRENT> (2,106,124)
<NET-CHANGE-FROM-OPS> (556,508)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (301,319)
<DISTRIBUTIONS-OF-GAINS> (10,124)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 884,571
<NUMBER-OF-SHARES-REDEEMED> (378,949)
<SHARES-REINVESTED> 20,537
<NET-CHANGE-IN-ASSETS> 12,087,220
<ACCUMULATED-NII-PRIOR> 52,649
<ACCUMULATED-GAINS-PRIOR> 7,240
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 318,842
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 587,926
<AVERAGE-NET-ASSETS> 31,513,000
<PER-SHARE-NAV-BEGIN> 13.06
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> 0.07
<PER-SHARE-DIVIDEND> (0.24)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.20
<EXPENSE-RATIO> 1.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $2,830,341 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $3,193,665 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 46 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 032
<NAME> FORTIS GROWTH & INCOME FUND (CLASS B)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 34,226,442
<INVESTMENTS-AT-VALUE> 34,589,500
<RECEIVABLES> 127,887
<ASSETS-OTHER> 3,193,665<F1>
<OTHER-ITEMS-ASSETS> 15,225
<TOTAL-ASSETS> 37,926,277
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,250,456<F1>
<TOTAL-LIABILITIES> 3,250,456
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33,129,709
<SHARES-COMMON-STOCK> 391,957
<SHARES-COMMON-PRIOR> 177,069
<ACCUMULATED-NII-CURRENT> 125,891
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,057,163
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 363,058
<NET-ASSETS> 34,675,821
<DIVIDEND-INCOME> 691,961
<INTEREST-INCOME> 335,461
<OTHER-INCOME> 10,875<F2>
<EXPENSES-NET> (587,926)
<NET-INVESTMENT-INCOME> 450,371
<REALIZED-GAINS-CURRENT> 1,099,245
<APPREC-INCREASE-CURRENT> (2,106,124)
<NET-CHANGE-FROM-OPS> (556,508)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (34,770)
<DISTRIBUTIONS-OF-GAINS> (2,098)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 259,849
<NUMBER-OF-SHARES-REDEEMED> (47,488)
<SHARES-REINVESTED> 2,527
<NET-CHANGE-IN-ASSETS> 12,087,220
<ACCUMULATED-NII-PRIOR> 52,649
<ACCUMULATED-GAINS-PRIOR> 7,240
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 318,842
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 587,926
<AVERAGE-NET-ASSETS> 31,513,000
<PER-SHARE-NAV-BEGIN> 13.03
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 0.07
<PER-SHARE-DIVIDEND> (0.13)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.16
<EXPENSE-RATIO> 2.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $2,830,341 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $3,193,665 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 46 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 033
<NAME> FORTIS GROWTH & INCOME FUND (CLASS C)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 34,226,442
<INVESTMENTS-AT-VALUE> 34,589,500
<RECEIVABLES> 127,887
<ASSETS-OTHER> 3,193,665<F1>
<OTHER-ITEMS-ASSETS> 15,225
<TOTAL-ASSETS> 37,926,277
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,250,456<F1>
<TOTAL-LIABILITIES> 3,250,456
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33,129,709
<SHARES-COMMON-STOCK> 168,471
<SHARES-COMMON-PRIOR> 98,998
<ACCUMULATED-NII-CURRENT> 125,891
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,057,163
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 363,058
<NET-ASSETS> 34,675,821
<DIVIDEND-INCOME> 691,961
<INTEREST-INCOME> 335,461
<OTHER-INCOME> 10,875<F2>
<EXPENSES-NET> (587,926)
<NET-INVESTMENT-INCOME> 450,371
<REALIZED-GAINS-CURRENT> 1,099,245
<APPREC-INCREASE-CURRENT> (2,106,124)
<NET-CHANGE-FROM-OPS> (556,508)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (16,440)
<DISTRIBUTIONS-OF-GAINS> (1,029)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 101,311
<NUMBER-OF-SHARES-REDEEMED> (33,012)
<SHARES-REINVESTED> 1,174
<NET-CHANGE-IN-ASSETS> 12,087,220
<ACCUMULATED-NII-PRIOR> 52,649
<ACCUMULATED-GAINS-PRIOR> 7,240
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 318,842
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 587,926
<AVERAGE-NET-ASSETS> 31,513,000
<PER-SHARE-NAV-BEGIN> 13.03
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 0.07
<PER-SHARE-DIVIDEND> (0.13)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.16
<EXPENSE-RATIO> 2.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $2,830,341 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $3,193,665 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 46 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 034
<NAME> FORTIS GROWTH & INCOME FUND (CLASS H)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 34,226,442
<INVESTMENTS-AT-VALUE> 34,589,500
<RECEIVABLES> 127,887
<ASSETS-OTHER> 3,193,665<F1>
<OTHER-ITEMS-ASSETS> 15,225
<TOTAL-ASSETS> 37,926,277
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,250,456<F1>
<TOTAL-LIABILITIES> 3,250,456
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33,129,709
<SHARES-COMMON-STOCK> 479,134
<SHARES-COMMON-PRIOR> 390,337
<ACCUMULATED-NII-CURRENT> 125,891
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,057,163
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 363,058
<NET-ASSETS> 34,675,821
<DIVIDEND-INCOME> 691,961
<INTEREST-INCOME> 335,461
<OTHER-INCOME> 10,875<F2>
<EXPENSES-NET> (587,926)
<NET-INVESTMENT-INCOME> 450,371
<REALIZED-GAINS-CURRENT> 1,099,245
<APPREC-INCREASE-CURRENT> (2,106,124)
<NET-CHANGE-FROM-OPS> (556,508)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (57,011)
<DISTRIBUTIONS-OF-GAINS> (3,660)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 235,030
<NUMBER-OF-SHARES-REDEEMED> (150,375)
<SHARES-REINVESTED> 4,142
<NET-CHANGE-IN-ASSETS> 12,087,220
<ACCUMULATED-NII-PRIOR> 52,649
<ACCUMULATED-GAINS-PRIOR> 7,240
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 318,842
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 587,926
<AVERAGE-NET-ASSETS> 31,513,000
<PER-SHARE-NAV-BEGIN> 13.03
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 0.07
<PER-SHARE-DIVIDEND> (0.13)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.16
<EXPENSE-RATIO> 2.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $2,830,341 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $3,193,665 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 45 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 021
<NAME> FORTIS VALUE FUND (CLASS A)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 39,961,507
<INVESTMENTS-AT-VALUE> 36,652,070
<RECEIVABLES> 3,099,160
<ASSETS-OTHER> 1,091,791<F1>
<OTHER-ITEMS-ASSETS> 15,475
<TOTAL-ASSETS> 40,858,496
<PAYABLE-FOR-SECURITIES> 3,458,081
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,150,616<F1>
<TOTAL-LIABILITIES> 4,608,697
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,429,830
<SHARES-COMMON-STOCK> 1,894,249
<SHARES-COMMON-PRIOR> 1,617,645
<ACCUMULATED-NII-CURRENT> 63,712
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,065,694
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,309,437)
<NET-ASSETS> 36,249,799
<DIVIDEND-INCOME> 554,857
<INTEREST-INCOME> 195,657
<OTHER-INCOME> 7,900<F2>
<EXPENSES-NET> (655,179)
<NET-INVESTMENT-INCOME> 103,235
<REALIZED-GAINS-CURRENT> 4,405,530
<APPREC-INCREASE-CURRENT> (6,711,081)
<NET-CHANGE-FROM-OPS> (2,202,316)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (116,019)
<DISTRIBUTIONS-OF-GAINS> (1,834,718)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 874,678
<NUMBER-OF-SHARES-REDEEMED> (745,823)
<SHARES-REINVESTED> 147,749
<NET-CHANGE-IN-ASSETS> 6,016,337
<ACCUMULATED-NII-PRIOR> 76,496
<ACCUMULATED-GAINS-PRIOR> 1,523,176
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 366,680
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 655,179
<AVERAGE-NET-ASSETS> 36,190,000
<PER-SHARE-NAV-BEGIN> 13.51
<PER-SHARE-NII> 0.09
<PER-SHARE-GAIN-APPREC> (0.30)
<PER-SHARE-DIVIDEND> (0.09)
<PER-SHARE-DISTRIBUTIONS> (1.36)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.85
<EXPENSE-RATIO> 1.52
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $984,283 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $1,091,791 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 45 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 022
<NAME> FORTIS VALUE FUND (CLASS B)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 39,961,507
<INVESTMENTS-AT-VALUE> 36,652,070
<RECEIVABLES> 3,099,160
<ASSETS-OTHER> 1,091,791<F1>
<OTHER-ITEMS-ASSETS> 15,475
<TOTAL-ASSETS> 40,858,496
<PAYABLE-FOR-SECURITIES> 3,458,081
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,150,616<F1>
<TOTAL-LIABILITIES> 4,608,697
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,429,830
<SHARES-COMMON-STOCK> 409,260
<SHARES-COMMON-PRIOR> 185,261
<ACCUMULATED-NII-CURRENT> 63,712
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,065,694
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,309,437)
<NET-ASSETS> 36,249,799
<DIVIDEND-INCOME> 554,857
<INTEREST-INCOME> 195,657
<OTHER-INCOME> 7,900<F2>
<EXPENSES-NET> (655,179)
<NET-INVESTMENT-INCOME> 103,235
<REALIZED-GAINS-CURRENT> 4,405,530
<APPREC-INCREASE-CURRENT> (6,711,081)
<NET-CHANGE-FROM-OPS> (2,202,316)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (316,546)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 247,000
<NUMBER-OF-SHARES-REDEEMED> (47,076)
<SHARES-REINVESTED> 24,075
<NET-CHANGE-IN-ASSETS> 6,016,337
<ACCUMULATED-NII-PRIOR> 76,496
<ACCUMULATED-GAINS-PRIOR> 1,523,176
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 366,680
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 655,179
<AVERAGE-NET-ASSETS> 36,190,000
<PER-SHARE-NAV-BEGIN> 13.39
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> (0.30)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.36)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.71
<EXPENSE-RATIO> 2.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $984,283 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $1,091,791 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 45 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 023
<NAME> FORTIS VALUE FUND (CLASS C)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 39,961,507
<INVESTMENTS-AT-VALUE> 36,652,070
<RECEIVABLES> 3,099,160
<ASSETS-OTHER> 1,091,791<F1>
<OTHER-ITEMS-ASSETS> 15,475
<TOTAL-ASSETS> 40,858,496
<PAYABLE-FOR-SECURITIES> 3,458,081
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,150,616<F1>
<TOTAL-LIABILITIES> 4,608,697
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,429,830
<SHARES-COMMON-STOCK> 169,861
<SHARES-COMMON-PRIOR> 74,879
<ACCUMULATED-NII-CURRENT> 63,712
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,065,694
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,309,437)
<NET-ASSETS> 36,249,799
<DIVIDEND-INCOME> 554,857
<INTEREST-INCOME> 195,657
<OTHER-INCOME> 7,900<F2>
<EXPENSES-NET> (655,179)
<NET-INVESTMENT-INCOME> 103,235
<REALIZED-GAINS-CURRENT> 4,405,530
<APPREC-INCREASE-CURRENT> (6,711,081)
<NET-CHANGE-FROM-OPS> (2,202,316)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (128,889)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 102,283
<NUMBER-OF-SHARES-REDEEMED> (17,164)
<SHARES-REINVESTED> 9,863
<NET-CHANGE-IN-ASSETS> 6,016,337
<ACCUMULATED-NII-PRIOR> 76,496
<ACCUMULATED-GAINS-PRIOR> 1,523,176
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 366,680
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 655,179
<AVERAGE-NET-ASSETS> 36,190,000
<PER-SHARE-NAV-BEGIN> 13.39
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> (0.30)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.36)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.72
<EXPENSE-RATIO> 2.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $984,283 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $1,091,791 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 30 THROUGH 45 OF THE FORTIS STOCK FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS, INC.
<SERIES>
<NUMBER> 024
<NAME> FORTIS VALUE FUND (CLASS H)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 39,961,507
<INVESTMENTS-AT-VALUE> 36,652,070
<RECEIVABLES> 3,099,160
<ASSETS-OTHER> 1,091,791<F1>
<OTHER-ITEMS-ASSETS> 15,475
<TOTAL-ASSETS> 40,858,496
<PAYABLE-FOR-SECURITIES> 3,458,081
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,150,616<F1>
<TOTAL-LIABILITIES> 4,608,697
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,429,830
<SHARES-COMMON-STOCK> 598,717
<SHARES-COMMON-PRIOR> 365,626
<ACCUMULATED-NII-CURRENT> 63,712
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,065,694
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,309,437)
<NET-ASSETS> 36,249,799
<DIVIDEND-INCOME> 554,857
<INTEREST-INCOME> 195,657
<OTHER-INCOME> 7,900<F2>
<EXPENSES-NET> (655,179)
<NET-INVESTMENT-INCOME> 103,235
<REALIZED-GAINS-CURRENT> 4,405,530
<APPREC-INCREASE-CURRENT> (6,711,081)
<NET-CHANGE-FROM-OPS> (2,202,316)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (582,859)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 319,681
<NUMBER-OF-SHARES-REDEEMED> (130,647)
<SHARES-REINVESTED> 44,057
<NET-CHANGE-IN-ASSETS> 6,016,337
<ACCUMULATED-NII-PRIOR> 76,496
<ACCUMULATED-GAINS-PRIOR> 1,523,176
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 366,680
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 655,179
<AVERAGE-NET-ASSETS> 36,190,000
<PER-SHARE-NAV-BEGIN> 13.39
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> (0.30)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.36)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.72
<EXPENSE-RATIO> 2.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $984,283 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO. FOR
COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $1,091,791 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH AUGUST 31, 1998.
</FN>
</TABLE>
KPMG Peat Marwick LLP
4200 Norwest Center
90 South Seventh Street
Minneapolis MN 55402
Independent Auditors' Report on Internal Accounting
Control
The Board of Directors and Shareholders
Fortis Equity Portfolios, Inc.:
In planning and performing our audits of the financial
statements of Fortis Capital Fund, Fortis Value Fund,
and Fortis Growth & Income Fund (funds within Fortis
Equity Portfolios, Inc.) for the year ended August 31,
1998, we considered their internal control, including
control activities for safeguarding securities, in
order to determine our auditing procedures for the
purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form
N-SAR, not to provide assurance on the internal
control.
The management of the Company is responsible for
establishing and maintaining internal control. In
fulfilling this responsibility, estimates and judgments
by management are required to assess the expected
benefits and related costs of controls. Generally,
controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements
for external purposes that are fairly presented in
conformity with generally accepted accounting
principles. Those controls include the safeguarding of
assets against unauthorized acquisition, use, or
disposition.
Because of inherent limitations in internal control,
errors or irregularities may occur and not be detected.
Also, projection of any evaluation of internal control
to future periods is subject to the risk that it may
become inadequate because of changes in conditions or
that the effectiveness of the design and operation may
deteriorate.
Our consideration of the internal control would not
necessarily disclose all matters in the internal
control that might be material weaknesses under
standards established by the American Institute of
Certified Public Accountants. A material weakness is a
condition in which the design or operation of one or
more of the internal control components does not reduce
to a relatively low level the risk that errors or
irregularities in amounts that would be material in
relation to the financial statements being audited may
occur and not be detected within a timely period by
employees in the normal course of performing their
assigned functions. However, we noted no matters
involving the internal control and its operation,
including controls for safeguarding securities, that we
consider to be a material weakness as defined above.
This report is intended solely for the information and
use of management and the Securities and Exchange
Commission.
/s/
KPMG Peat Marwick LLP
Minneapolis Minnesota
October 9, 1998