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002 A000000 200 BERKELEY STREET
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008 A000001 KEYSTONE INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-8327
008 D010001 BOSTON
008 D020001 MA
008 D030001 02110
010 A000001 KEYSTONE INVESTMENTS INC.
010 C010001 BOSTON
010 C020001 MA
010 C030001 02116
010 C040001 5034
011 A000001 KEYSTONE INVESTMENT DISTRIBUTORS COMPANY INC
011 B000001 8-395
011 C010001 BOSTON
011 C020001 MA
011 C030001 02110
020 A000001 PRUDENTIAL SECURITIES
020 B000001 22-2347336
020 C000001 59
<PAGE> PAGE 2
020 A000002 MERRILL LUNCH SE\\PIERCE FENNER & SMITH
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020 A000003 DONALDSON, LUFKIN & JENRETTE SEC CORP
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020 A000004 EXECUTION SERVICES, INC.
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020 A000005 NEWBRIDGE SECURITIES
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020 A000006 BEAR STEARNS SECURITIES
020 B000006 13-3299429
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020 A000007 KOKUSAI
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020 A000008 GOLDMAN SACHS
020 B000008 13-5108880
020 C000008 32
020 A000009 AUTRANET, INC.
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020 A000010 STANDARD & POORS
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022 A000005 SMITH BARNEY
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022 C000005 427222
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<PAGE> PAGE 3
022 C000007 83240
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<PAGE> PAGE 4
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<PAGE> PAGE 5
070 P010000 Y
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<PAGE> PAGE 6
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SIGNATURE KEVIN J. MORRISSEY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> STRATEGIC GROWTH FUIND (K-2)
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-START> NOV-01-1994
<PERIOD-END> APR-30-1995
<INVESTMENTS-AT-COST> 379,200,606
<INVESTMENTS-AT-VALUE> 438,325,435
<RECEIVABLES> 19,641,503
<ASSETS-OTHER> 54,388
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 458,021,325
<PAYABLE-FOR-SECURITIES> 3,354,217
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 473,157
<TOTAL-LIABILITIES> 3,827,374
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 379,785,739
<SHARES-COMMON-STOCK> 60,517,534
<SHARES-COMMON-PRIOR> 55,279,044
<ACCUMULATED-NII-CURRENT> 754,779
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,528,604
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 59,124,829
<NET-ASSETS> 454,193,951
<DIVIDEND-INCOME> 2,518,459
<INTEREST-INCOME> 1,933,146
<OTHER-INCOME> 0
<EXPENSES-NET> (4,268,771)
<NET-INVESTMENT-INCOME> 182,834
<REALIZED-GAINS-CURRENT> 14,528,604
<APPREC-INCREASE-CURRENT> (14,869,234)
<NET-CHANGE-FROM-OPS> (157,796)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,070,227
<NUMBER-OF-SHARES-REDEEMED> (5,831,737)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 37,509,884
<ACCUMULATED-NII-PRIOR> 571,945
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,315,201)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,268,771)
<AVERAGE-NET-ASSETS> 430,440,267
<PER-SHARE-NAV-BEGIN> 7.54
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> (0.09)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.51
<EXPENSE-RATIO> 1.98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
