<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
<F1> This item relates to the Fund on a composite
basis and not on a class basis
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> EMG GROWTH B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-START> SEP-01-1999
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 13,273,654,492 <F1>
<INVESTMENTS-AT-VALUE> 21,240,271,306 <F1>
<RECEIVABLES> 229,227,777 <F1>
<ASSETS-OTHER> 206,939 <F1>
<OTHER-ITEMS-ASSETS> 0 <F1>
<TOTAL-ASSETS> 21,469,706,022 <F1>
<PAYABLE-FOR-SECURITIES> 283,897,981 <F1>
<SENIOR-LONG-TERM-DEBT> 0 <F1>
<OTHER-ITEMS-LIABILITIES> 66,238,944 <F1>
<TOTAL-LIABILITIES> 350,136,925 <F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,745,706,944
<SHARES-COMMON-STOCK> 77,000,473
<SHARES-COMMON-PRIOR> 51,300,931
<ACCUMULATED-NII-CURRENT> (480,449)<F1>
<OVERDISTRIBUTION-NII> 0 <F1>
<ACCUMULATED-NET-GAINS> 3,022,007,417 <F1>
<OVERDISTRIBUTION-GAINS> 0 <F1>
<ACCUM-APPREC-OR-DEPREC> 7,966,616,814 <F1>
<NET-ASSETS> 7,648,003,890
<DIVIDEND-INCOME> 10,920,254 <F1>
<INTEREST-INCOME> 64,079,613 <F1>
<OTHER-INCOME> 0 <F1>
<EXPENSES-NET> (176,776,121)<F1>
<NET-INVESTMENT-INCOME> (101,776,254)<F1>
<REALIZED-GAINS-CURRENT> 3,031,313,004 <F1>
<APPREC-INCREASE-CURRENT> 5,795,007,115 <F1>
<NET-CHANGE-FROM-OPS> 8,724,543,865 <F1>
<EQUALIZATION> 0 <F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (512,732,791)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 35,148,565
<NUMBER-OF-SHARES-REDEEMED> 6,861,910
<SHARES-REINVESTED> (16,310,933)
<NET-CHANGE-IN-ASSETS> 4,797,804,689
<ACCUMULATED-NII-PRIOR> (268,493)<F1>
<ACCUMULATED-GAINS-PRIOR> 1,275,281,460 <F1>
<OVERDISTRIB-NII-PRIOR> 0 <F1>
<OVERDIST-NET-GAINS-PRIOR> 0 <F1>
<GROSS-ADVISORY-FEES> 62,973,355 <F1>
<INTEREST-EXPENSE> 0 <F1>
<GROSS-EXPENSE> 176,897,867 <F1>
<AVERAGE-NET-ASSETS> 5,424,620,503
<PER-SHARE-NAV-BEGIN> 55.56
<PER-SHARE-NII> (0.93)
<PER-SHARE-GAIN-APPREC> 53.99
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (9.30)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 99.32
<EXPENSE-RATIO> 1.63
</TABLE>