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PAGE 6
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PAGE 7
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PAGE 10
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PAGE 11
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PAGE 15
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PAGE 19
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074 R020400 0
074 R030400 0
074 R040400 13
074 S000400 0
074 T000400 21092
074 U010400 1551
074 U020400 0
<PAGE>
PAGE 21
074 V010400 13.60
074 V020400 0.00
074 W000400 0.0000
074 X000400 3
074 Y000400 0
075 A000400 0
075 B000400 18624
076 000400 0.00
028 A010500 216
028 A020500 148
028 A030500 0
028 A040500 239
028 B010500 170
028 B020500 98
028 B030500 0
028 B040500 95
028 C010500 346
028 C020500 84
028 C030500 0
028 C040500 88
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028 D040500 212
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028 E020500 119
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028 E040500 246
028 F010500 404
028 F020500 146
028 F030500 0
028 F040500 277
028 G010500 2171
028 G020500 675
028 G030500 0
028 G040500 1157
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.500
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
<PAGE>
PAGE 22
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
062 A000500 Y
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 5.0
062 J000500 0.0
062 K000500 0.0
062 L000500 1.8
062 M000500 0.0
062 N000500 8.8
062 O000500 9.3
062 P000500 57.8
062 Q000500 17.3
062 R000500 0.0
063 A000500 0
063 B000500 13.8
064 A000500 Y
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 Y
<PAGE>
PAGE 23
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 N
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 26595
071 B000500 25179
071 C000500 18098
071 D000500 139
072 A000500 6
072 B000500 653
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 45
072 G000500 0
072 H000500 6
072 I000500 0
072 J000500 7
072 K000500 0
072 L000500 2
072 M000500 1
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<PAGE>
PAGE 24
072 Q000500 0
072 R000500 3
072 S000500 0
072 T000500 0
072 U000500 0
072 V000500 0
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072 X000500 71
072 Y000500 8
072 Z000500 590
072AA000500 168
072BB000500 86
072CC010500 130
072CC020500 0
072DD010500 675
072DD020500 0
072EE000500 0
073 A010500 0.3696
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 784
074 B000500 0
074 C000500 960
074 D000500 17890
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
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074 J000500 2380
074 K000500 10
074 L000500 334
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074 O000500 3153
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074 R040500 11
074 S000500 0
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<PAGE>
PAGE 25
075 A000500 0
075 B000500 18098
076 000500 0.00
SIGNATURE WILLIAM P. LATIMER
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> Money Market
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 7,721,047
<INVESTMENTS-AT-VALUE> 7,721,047
<RECEIVABLES> 300,000
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,149,381
<PAYABLE-FOR-SECURITIES> 297,354
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21,415
<TOTAL-LIABILITIES> 318,769
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
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<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 7,830,612
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 194,373
<OTHER-INCOME> 0
<EXPENSES-NET> 15,806
<NET-INVESTMENT-INCOME> 178,567
<REALIZED-GAINS-CURRENT> (60)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 178,507
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (178,507)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,572,162
<NUMBER-OF-SHARES-REDEEMED> (4,904,720)
<SHARES-REINVESTED> 178,507
<NET-CHANGE-IN-ASSETS> 845,949
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,781
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19,460
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<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.025
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<PER-SHARE-DIVIDEND> (0.025)
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> Govt Sec
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 3,976,793
<INVESTMENTS-AT-VALUE> 3,958,747
<RECEIVABLES> 340,375
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,517,796
<PAYABLE-FOR-SECURITIES> 517,505
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,580
<TOTAL-LIABILITIES> 520,085
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<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> 3,997,711
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 131,063
<OTHER-INCOME> 0
<EXPENSES-NET> 13,746
<NET-INVESTMENT-INCOME> 117,317
<REALIZED-GAINS-CURRENT> 3,243
<APPREC-INCREASE-CURRENT> (8,166)
<NET-CHANGE-FROM-OPS> 112,394
<EQUALIZATION> 291
<DISTRIBUTIONS-OF-INCOME> (125,847)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 24,895
<NUMBER-OF-SHARES-REDEEMED> (36,543)
<SHARES-REINVESTED> 10,609
<NET-CHANGE-IN-ASSETS> (25,980)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9,819
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18,021
<AVERAGE-NET-ASSETS> 3,961,072
<PER-SHARE-NAV-BEGIN> 11.940
<PER-SHARE-NII> 0.347
<PER-SHARE-GAIN-APPREC> (0.016)
<PER-SHARE-DIVIDEND> (0.371)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.900
<EXPENSE-RATIO> 0.70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> Common Stock
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 161,122,105
<INVESTMENTS-AT-VALUE> 181,795,940
<RECEIVABLES> 17,481,930
<ASSETS-OTHER> 310,431
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 199,588,301
<PAYABLE-FOR-SECURITIES> 14,478,392
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 122,317
<TOTAL-LIABILITIES> 14,600,709
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<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> 184,987,592
<DIVIDEND-INCOME> 439,649
<INTEREST-INCOME> 281,251
<OTHER-INCOME> 0
<EXPENSES-NET> 678,018
<NET-INVESTMENT-INCOME> 42,882
<REALIZED-GAINS-CURRENT> 19,563,237
<APPREC-INCREASE-CURRENT> (11,854,625)
<NET-CHANGE-FROM-OPS> 7,751,494
<EQUALIZATION> (117,424)
<DISTRIBUTIONS-OF-INCOME> (9,534,374)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 473,825
<NUMBER-OF-SHARES-REDEEMED> (194,830)
<SHARES-REINVESTED> 496,759
<NET-CHANGE-IN-ASSETS> 13,655,102
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 508,513
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 701,817
<AVERAGE-NET-ASSETS> 171,164,954
<PER-SHARE-NAV-BEGIN> 21.850
<PER-SHARE-NII> 0.006
<PER-SHARE-GAIN-APPREC> 0.909
<PER-SHARE-DIVIDEND> (1.295)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 21.470
<EXPENSE-RATIO> 0.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> Asset Allocation
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 19,351,874
<INVESTMENTS-AT-VALUE> 20,949,821
<RECEIVABLES> 1,925,598
<ASSETS-OTHER> 425,685
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<TOTAL-ASSETS> 23,301,104
<PAYABLE-FOR-SECURITIES> 2,195,898
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,033
<TOTAL-LIABILITIES> 2,208,931
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<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> 21,092,173
<DIVIDEND-INCOME> 29,651
<INTEREST-INCOME> 325,762
<OTHER-INCOME> 0
<EXPENSES-NET> 69,139
<NET-INVESTMENT-INCOME> 286,274
<REALIZED-GAINS-CURRENT> 1,150,678
<APPREC-INCREASE-CURRENT> (275,966)
<NET-CHANGE-FROM-OPS> 1,160,986
<EQUALIZATION> (28,980)
<DISTRIBUTIONS-OF-INCOME> (890,141)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 320,314
<NUMBER-OF-SHARES-REDEEMED> (83,216)
<SHARES-REINVESTED> 71,623
<NET-CHANGE-IN-ASSETS> 4,359,967
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 50,702
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 82,919
<AVERAGE-NET-ASSETS> 18,624,389
<PER-SHARE-NAV-BEGIN> 13.470
<PER-SHARE-NII> 0.235
<PER-SHARE-GAIN-APPREC> 0.649
<PER-SHARE-DIVIDEND> (0.754)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 13.600
<EXPENSE-RATIO> 0.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> Corp Bond
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 18,720,222
<INVESTMENTS-AT-VALUE> 18,850,325
<RECEIVABLES> 2,390,212
<ASSETS-OTHER> 1,117,449
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,357,986
<PAYABLE-FOR-SECURITIES> 3,152,718
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11,346
<TOTAL-LIABILITIES> 3,164,064
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<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> 19,193,922
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 653,193
<OTHER-INCOME> 0
<EXPENSES-NET> 62811
<NET-INVESTMENT-INCOME> 590,382
<REALIZED-GAINS-CURRENT> 81,987
<APPREC-INCREASE-CURRENT> 43,574
<NET-CHANGE-FROM-OPS> 715,943
<EQUALIZATION> (1,674)
<DISTRIBUTIONS-OF-INCOME> (673,306)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 218,484
<NUMBER-OF-SHARES-REDEEMED> (116,127)
<SHARES-REINVESTED> 67,973
<NET-CHANGE-IN-ASSETS> 1,730,582
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 44,865
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 70,958
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<PER-SHARE-NAV-BEGIN> 9.970
<PER-SHARE-NII> 0.335
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<PER-SHARE-DIVIDEND> (0.384)
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<PER-SHARE-NAV-END> 9.990
<EXPENSE-RATIO> 0.70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
