<PAGE> PAGE 1
000 B000000 11/30/96
000 C000000 0000710124
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000 F000000 Y
000 G000000 Y
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000 J000000 A
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001 C000000 3126554400
002 A000000 4900 SEARS TOWER
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
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004 000000 N
005 000000 N
006 000000 N
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007 B000000 16
007 C010100 1
007 C020100 DIVERSIFIED ASSETS PORTFOLIO
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007 C010200 2
007 C020200 GOVERNMENT PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 GOVERNMENT SELECT PORTFOLIO
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007 C010400 4
007 C020400 TAX-EXEMPT PORTFOLIO
007 C030400 N
007 C010500 5
007 C010600 6
007 C020600 DIVERSIFIED GROWTH PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 EQUITY INDEX PORTFOLIO
007 C030700 N
007 C010800 8
007 C020800 FOCUSED GROWTH PORTFOLIO
007 C030800 N
007 C010900 9
007 C020900 SMALL COMPANY INDEX PORTFOLIO
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007 C011000 10
007 C021000 BOND PORTFOLIO
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<PAGE> PAGE 2
007 C021100 SHORT DURATION PORTFOLIO
007 C031100 N
007 C011200 12
007 C021200 SHORT-INTERMEDIATE BOND PORTFOLIO
007 C031200 N
007 C011300 13
007 C021300 U.S. GOVERNMENT SECURITIES PORTFOLIO
007 C031300 N
007 C011400 14
007 C021400 U.S. TREASURY INDEX PORTFOLIO
007 C031400 N
007 C011500 15
007 C021500 BALANCED PORTFOLIO
007 C031500 N
007 C011600 16
007 C021600 INTERNATIONAL BOND PORTFOLIO
007 C031600 N
007 C011700 17
007 C021700 INTERNATIONAL GROWTH PORTFOLIO
007 C031700 N
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007 C011900 19
007 C012000 20
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008 B00AA01 A
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008 D01AA01 CHICAGO
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010 A00AA01 GOLDMAN, SACHS & CO.
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011 C01AA01 CHICAGO
011 C02AA01 IL
011 C03AA01 60606
012 A00AA01 THE NORTHERN TRUST COMPANY
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012 C01AA01 CHICAGO
012 C02AA01 IL
012 C03AA01 60675
012 A00AA02 CORPORATE BENEFIT ADVISORS
012 B00AA02 85-0
012 C01AA02 SHERMAN
012 C02AA02 CT
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<PAGE> PAGE 3
012 C01AA03 WESTPORT
012 C02AA03 CT
012 C03AA03 06881
012 A00AA04 CITY BANK & TRUST CO., N.A.
012 B00AA04 85-0
012 C01AA04 JACKSON
012 C02AA04 MI
012 C03AA04 49201
012 A00AA05 HAZELHURST & ASSOCIATES
012 B00AA05 84-
012 C01AA05 ATLANTA
012 C02AA05 GA
012 C03AA05 30346
012 A00AA06 FIRST NATIONAL BANK OF OTTAWA
012 B00AA06 84-
012 C01AA06 OTTAWA
012 C02AA06 IL
012 C03AA06 61350
012 A00AA07 NORTH AMERICAN TRUST COMPANY
012 B00AA07 84-
012 C01AA07 SAN DIEGO
012 C02AA07 CA
012 C03AA07 92138
013 A00AA01 ERNST & YOUNG
013 B01AA01 CHICAGO
013 B02AA01 IL
013 B03AA01 60606
014 A00AA01 GOLDMAN, SACHS & CO.
014 B00AA01 8-16048
014 A00AA02 NORTHERN TRUST SECURITIES, INC.
014 B00AA02 8-23689
015 A00AA01 THE NORTHERN TRUST COMPANY
015 B00AA01 C
015 C01AA01 CHICAGO
015 C02AA01 IL
015 C03AA01 60675
015 E03AA01 X
015 A00AA02 FIRST NATIONAL BANK OF BOSTON
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 WESTPAC CUSTODIAN NOMINEES LTD.
015 B00AA03 S
015 C01AA03 SYDNEY
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 CREDITANSTALT BANKVEREIN VIENNA
015 B00AA04 S
015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
<PAGE> PAGE 4
015 E04AA04 X
015 A00AA05 BANQUE BRUXELLES LANBERT
015 B00AA05 S
015 C01AA05 BRUSSELS
015 D01AA05 BELGIUM
015 E04AA05 X
015 A00AA06 FIRST NATIONAL BANK OF BOSTON
015 B00AA06 S
015 C01AA06 SAO PAULO
015 D01AA06 BRAZIL
015 E04AA06 X
015 A00AA07 TORONTO-DOMINION BANK
015 B00AA07 S
015 C01AA07 TORONTO
015 D01AA07 CANADA
015 E04AA07 X
015 A00AA08 CITIBANK, N.A.
015 B00AA08 S
015 C01AA08 SANTIAGO
015 D01AA08 CHILE
015 E04AA08 X
015 A00AA09 CITITRUST, COLUMBIA
015 B00AA09 S
015 C01AA09 BOGOTA
015 D01AA09 COLOMBIA
015 E04AA09 X
015 A00AA10 DEN DANSKE BANK
015 B00AA10 S
015 C01AA10 COPENHAGEN
015 D01AA10 DENMARK
015 E04AA10 X
015 A00AA11 EUROCLEAR SYSTEM SOCIETE COOPERATIVE
015 B00AA11 S
015 C01AA11 BRUSSELS
015 D01AA11 BELGIUM
015 E04AA11 X
015 A00AA12 MARITAL BANK (F/K/A) UNION BANK OF FINLAND
015 B00AA12 S
015 C01AA12 HELSINKI
015 D01AA12 FINLAND
015 E04AA12 X
015 A00AA13 CREDIT COMMERCIAL DE FRANCE
015 B00AA13 S
015 C01AA13 PARIS
015 D01AA13 FRANCE
015 E04AA13 X
015 A00AA14 BERLINER HANDELS-UND FRANKFURTER BANK
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015 C01AA14 FRANKFURT
015 D01AA14 GERMANY
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<PAGE> PAGE 5
015 A00AA15 BARCLAY BANK
015 B00AA15 S
015 C01AA15 ATHENS
015 D01AA15 GREECE
015 E04AA15 X
015 A00AA16 HONG KONG AND SHANGHAI BANKING
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015 C01AA16 HONG KONG
015 D01AA16 HONG KONG
015 E04AA16 X
015 A00AA17 CITIBANK, N.A.
015 B00AA17 S
015 C01AA17 BUDAPEST
015 D01AA17 HUNGARY
015 E04AA17 X
015 A00AA18 STANDARD CHARTERED BANK
015 B00AA18 S
015 C01AA18 JAKARTA
015 D01AA18 INDONESIA
015 E04AA18 X
015 A00AA19 ALLIED IRISH BANK
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015 C01AA19 DUBLIN
015 D01AA19 IRELAND
015 E04AA19 X
015 A00AA20 BANQUE PARIBAS
015 B00AA20 S
015 C01AA20 MILAN
015 D01AA20 ITALY
015 E04AA20 X
015 A00AA21 THE MITSUBISHI BANK LTD.
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015 D01AA21 JAPAN
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015 A00AA22 BANQUE BRUXELLES LAMBERT
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015 C01AA22 BRUSSELS
015 D01AA22 LUXEMBOURG
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015 A00AA23 CITIBANK, N.A.
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015 C01AA23 KUALA LUMPUR
015 D01AA23 MALAYSIA
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015 A00AA24 BANCO NACIONAL DE MEXICO
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015 C01AA24 MEXICO CITY
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<PAGE> PAGE 6
015 B00AA25 S
015 C01AA25 AMSTERDAM
015 D01AA25 NETHERLANDS
015 E04AA25 X
015 A00AA26 ANZ BANKING GROUP
015 B00AA26 S
015 C01AA26 WELLINGTON
015 D01AA26 NEW ZEALAND
015 E04AA26 X
015 A00AA27 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA27 S
015 C01AA27 OSLO
015 D01AA27 NORWAY
015 E04AA27 X
015 A00AA28 CITIBANK, N.A.
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015 C01AA28 LIMA
015 D01AA28 PERU
015 E04AA28 X
015 A00AA29 HONG KONG AND SHANGHAI BANKING
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015 C01AA29 MANILA
015 D01AA29 PHILIPPINES
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015 A00AA30 BANK HANDLOWY W WARSZAWIE S.A.
015 B00AA30 S
015 C01AA30 WARSAW
015 D01AA30 POLAND
015 E04AA30 X
015 A00AA31 BANCO ESPIRITO SANTO
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015 C01AA31 LISBON
015 D01AA31 PORTUGAL
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015 A00AA32 DEVELOPMENT BANK OF SINGAPORE
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<PAGE> PAGE 7
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015 D01AA35 SPAIN
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015 A00AA36 SKANDINAVISKA ENSKILDA BANKEN
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015 D01AA38 TAIWAN
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
050 000800 N
051 000800 N
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<PAGE> PAGE 40
070 E020800 N
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<PAGE> PAGE 41
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<PAGE> PAGE 42
025 A000901 DELETE
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
051 001000 N
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<PAGE> PAGE 49
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<PAGE> PAGE 50
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<PAGE> PAGE 51
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<PAGE> PAGE 52
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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<PAGE> PAGE 55
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<PAGE> PAGE 56
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<PAGE> PAGE 57
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<PAGE> PAGE 58
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<PAGE> PAGE 59
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<PAGE> PAGE 60
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<PAGE> PAGE 61
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<PAGE> PAGE 62
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<PAGE> PAGE 63
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<PAGE> PAGE 64
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<PAGE> PAGE 65
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<PAGE> PAGE 66
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<PAGE> PAGE 67
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<PAGE> PAGE 68
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<PAGE> PAGE 69
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<PAGE> PAGE 70
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<PAGE> PAGE 71
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<PAGE> PAGE 72
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<PAGE> PAGE 73
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<PAGE> PAGE 74
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<PAGE> PAGE 75
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<PAGE> PAGE 76
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<PAGE> PAGE 77
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<PAGE> PAGE 78
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<PAGE> PAGE 79
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SIGNATURE VICKI PAYNE
TITLE ADMIN. ASSISTANT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> DIVERSIFIED ASSETS PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 3,250,451
<INVESTMENTS-AT-VALUE> 3,250,451
<RECEIVABLES> 122,180
<ASSETS-OTHER> 3
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,372,634
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 193,105
<TOTAL-LIABILITIES> 193,105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,181,103
<SHARES-COMMON-STOCK> 3,181,103
<SHARES-COMMON-PRIOR> 2,610,347
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,574)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 3,179,529
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 173,018
<OTHER-INCOME> 0
<EXPENSES-NET> (10,710)
<NET-INVESTMENT-INCOME> 162,308
<REALIZED-GAINS-CURRENT> 327
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 162,635
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (162,308)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 42,285,142
<NUMBER-OF-SHARES-REDEEMED> (41,717,147)
<SHARES-REINVESTED> 860
<NET-CHANGE-IN-ASSETS> 569,182
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,901)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,832
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10,710
<AVERAGE-NET-ASSETS> 3,132,306
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .05
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .34
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> GOVERNMENT PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 1,276,078
<INVESTMENTS-AT-VALUE> 1,276,078
<RECEIVABLES> 35,714
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,311,794
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43,279
<TOTAL-LIABILITIES> 43,279
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,268,820
<SHARES-COMMON-STOCK> 1,268,820
<SHARES-COMMON-PRIOR> 851,102
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (305)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,268,515
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 56,872
<OTHER-INCOME> 0
<EXPENSES-NET> (3,664)
<NET-INVESTMENT-INCOME> 53,208
<REALIZED-GAINS-CURRENT> 133
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 53,341
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 53,208
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,329,359
<NUMBER-OF-SHARES-REDEEMED> (11,911,641)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 417,851
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (438)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,618
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,970
<AVERAGE-NET-ASSETS> 1,046,887
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .05
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 3
<NAME> GOVERNMENT SELECT PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 846,646
<INVESTMENTS-AT-VALUE> 846,646
<RECEIVABLES> 6,530
<ASSETS-OTHER> 16
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 853,192
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16,843
<TOTAL-LIABILITIES> 16,843
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 836,425
<SHARES-COMMON-STOCK> 836,425
<SHARES-COMMON-PRIOR> 685,315
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (76)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 836,349
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 41,631
<OTHER-INCOME> 0
<EXPENSES-NET> (1,544)
<NET-INVESTMENT-INCOME> 40,087
<REALIZED-GAINS-CURRENT> 97
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 40,184
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (40,087)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,712,236
<NUMBER-OF-SHARES-REDEEMED> (4,562,089)
<SHARES-REINVESTED> 963
<NET-CHANGE-IN-ASSETS> 151,207
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (173)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,930
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,067
<AVERAGE-NET-ASSETS> 771,960
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .05
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> TAX-EXEMPT PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 630,541
<INVESTMENTS-AT-VALUE> 630,541
<RECEIVABLES> 27,503
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 658,045
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,538
<TOTAL-LIABILITIES> 19,538
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 638,366
<SHARES-COMMON-STOCK> 638,366
<SHARES-COMMON-PRIOR> 803,691
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 141
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 638,507
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 27,703
<OTHER-INCOME> 0
<EXPENSES-NET> (2,642)
<NET-INVESTMENT-INCOME> 25,061
<REALIZED-GAINS-CURRENT> 102
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 25,163
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (25,061)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,526,968
<NUMBER-OF-SHARES-REDEEMED> (5,692,419)
<SHARES-REINVESTED> 126
<NET-CHANGE-IN-ASSETS> (165,223)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 39
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,885
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,024
<AVERAGE-NET-ASSETS> 753,877
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> DIVERSIFIED GROWTH PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 106,566
<INVESTMENTS-AT-VALUE> 142,731
<RECEIVABLES> 208
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 2
<TOTAL-ASSETS> 142,956
<PAYABLE-FOR-SECURITIES> 382
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86
<TOTAL-LIABILITIES> 468
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90,550
<SHARES-COMMON-STOCK> 9,892
<SHARES-COMMON-PRIOR> 12,030
<ACCUMULATED-NII-CURRENT> 1,355
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,418
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 36,165
<NET-ASSETS> 142,488
<DIVIDEND-INCOME> 2,151
<INTEREST-INCOME> 146
<OTHER-INCOME> 0
<EXPENSES-NET> (925)
<NET-INVESTMENT-INCOME> 1,372
<REALIZED-GAINS-CURRENT> 14,453
<APPREC-INCREASE-CURRENT> 10,529
<NET-CHANGE-FROM-OPS> 26,354
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,750)
<DISTRIBUTIONS-OF-GAINS> (1,919)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,187
<NUMBER-OF-SHARES-REDEEMED> (3,615)
<SHARES-REINVESTED> 290
<NET-CHANGE-IN-ASSETS> (4,464)
<ACCUMULATED-NII-PRIOR> 1,779
<ACCUMULATED-GAINS-PRIOR> 1,887
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,118
<INTEREST-EXPENSE> 2
<GROSS-EXPENSE> 1,545
<AVERAGE-NET-ASSETS> 139,448
<PER-SHARE-NAV-BEGIN> 12.20
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 2.33
<PER-SHARE-DIVIDEND> (.15)
<PER-SHARE-DISTRIBUTIONS> (.16)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.36
<EXPENSE-RATIO> .66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> DIVERSIFIED GROWTH PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 106,566
<INVESTMENTS-AT-VALUE> 142,731
<RECEIVABLES> 208
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 2
<TOTAL-ASSETS> 142,956
<PAYABLE-FOR-SECURITIES> 382
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86
<TOTAL-LIABILITIES> 468
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90,550
<SHARES-COMMON-STOCK> 30
<SHARES-COMMON-PRIOR> 18
<ACCUMULATED-NII-CURRENT> 1,355
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,418
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 36,165
<NET-ASSETS> 142,488
<DIVIDEND-INCOME> 2,151
<INTEREST-INCOME> 146
<OTHER-INCOME> 0
<EXPENSES-NET> (925)
<NET-INVESTMENT-INCOME> 1,372
<REALIZED-GAINS-CURRENT> 14,453
<APPREC-INCREASE-CURRENT> 10,529
<NET-CHANGE-FROM-OPS> 26,354
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2)
<DISTRIBUTIONS-OF-GAINS> (3)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17
<NUMBER-OF-SHARES-REDEEMED> (6)
<SHARES-REINVESTED> 7
<NET-CHANGE-IN-ASSETS> (4,464)
<ACCUMULATED-NII-PRIOR> 1,779
<ACCUMULATED-GAINS-PRIOR> 1,887
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,118
<INTEREST-EXPENSE> 2
<GROSS-EXPENSE> 1,545
<AVERAGE-NET-ASSETS> 280
<PER-SHARE-NAV-BEGIN> 12.16
<PER-SHARE-NII> .11
<PER-SHARE-GAIN-APPREC> 2.29
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.16)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.26
<EXPENSE-RATIO> 1.05
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> EQUITY INDEX PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 541,910
<INVESTMENTS-AT-VALUE> 736,364
<RECEIVABLES> 1,688
<ASSETS-OTHER> 17
<OTHER-ITEMS-ASSETS> 7
<TOTAL-ASSETS> 738,076
<PAYABLE-FOR-SECURITIES> 27
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 311
<TOTAL-LIABILITIES> 338
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 508,982
<SHARES-COMMON-STOCK> 40,255
<SHARES-COMMON-PRIOR> 34,621
<ACCUMULATED-NII-CURRENT> 468
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32,457
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 195,831
<NET-ASSETS> 737,738
<DIVIDEND-INCOME> 12,910
<INTEREST-INCOME> 1,191
<OTHER-INCOME> 0
<EXPENSES-NET> (1,404)
<NET-INVESTMENT-INCOME> 12,697
<REALIZED-GAINS-CURRENT> 36,012
<APPREC-INCREASE-CURRENT> 100,945
<NET-CHANGE-FROM-OPS> 149,654
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11,982)
<DISTRIBUTIONS-OF-GAINS> (15,194)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 22,992
<NUMBER-OF-SHARES-REDEEMED> (19,101)
<SHARES-REINVESTED> 1,743
<NET-CHANGE-IN-ASSETS> 238,775
<ACCUMULATED-NII-PRIOR> 416
<ACCUMULATED-GAINS-PRIOR> 12,235
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,810
<INTEREST-EXPENSE> 53
<GROSS-EXPENSE> 3,147
<AVERAGE-NET-ASSETS> 569,084
<PER-SHARE-NAV-BEGIN> 13.86
<PER-SHARE-NII> .31
<PER-SHARE-GAIN-APPREC> 3.36
<PER-SHARE-DIVIDEND> (.31)
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.79
<EXPENSE-RATIO> .22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> EQUITY INDEX PORTFOLIO-CLASS C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 541,910
<INVESTMENTS-AT-VALUE> 736,364
<RECEIVABLES> 1,688
<ASSETS-OTHER> 17
<OTHER-ITEMS-ASSETS> 7
<TOTAL-ASSETS> 738,076
<PAYABLE-FOR-SECURITIES> 27
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 311
<TOTAL-LIABILITIES> 338
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 508,982
<SHARES-COMMON-STOCK> 3,213
<SHARES-COMMON-PRIOR> 1,329
<ACCUMULATED-NII-CURRENT> 468
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32,457
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 195,831
<NET-ASSETS> 737,738
<DIVIDEND-INCOME> 12,910
<INTEREST-INCOME> 1,191
<OTHER-INCOME> 0
<EXPENSES-NET> (1,404)
<NET-INVESTMENT-INCOME> 12,697
<REALIZED-GAINS-CURRENT> 36,012
<APPREC-INCREASE-CURRENT> 100,945
<NET-CHANGE-FROM-OPS> 149,654
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (603)
<DISTRIBUTIONS-OF-GAINS> (570)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,353
<NUMBER-OF-SHARES-REDEEMED> (31)
<SHARES-REINVESTED> 7
<NET-CHANGE-IN-ASSETS> 238,775
<ACCUMULATED-NII-PRIOR> 416
<ACCUMULATED-GAINS-PRIOR> 12,235
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,810
<INTEREST-EXPENSE> 53
<GROSS-EXPENSE> 3,147
<AVERAGE-NET-ASSETS> 30,915
<PER-SHARE-NAV-BEGIN> 13.86
<PER-SHARE-NII> .28
<PER-SHARE-GAIN-APPREC> 3.35
<PER-SHARE-DIVIDEND> (.27)
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.79
<EXPENSE-RATIO> .46
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> EQUITY INDEX PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 541,910
<INVESTMENTS-AT-VALUE> 736,364
<RECEIVABLES> 1,688
<ASSETS-OTHER> 17
<OTHER-ITEMS-ASSETS> 7
<TOTAL-ASSETS> 738,076
<PAYABLE-FOR-SECURITIES> 27
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 311
<TOTAL-LIABILITIES> 338
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 508,982
<SHARES-COMMON-STOCK> 477
<SHARES-COMMON-PRIOR> 59
<ACCUMULATED-NII-CURRENT> 468
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32,457
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 195,831
<NET-ASSETS> 737,738
<DIVIDEND-INCOME> 12,910
<INTEREST-INCOME> 1,191
<OTHER-INCOME> 0
<EXPENSES-NET> (1,404)
<NET-INVESTMENT-INCOME> 12,697
<REALIZED-GAINS-CURRENT> 36,012
<APPREC-INCREASE-CURRENT> 100,945
<NET-CHANGE-FROM-OPS> 149,654
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (60)
<DISTRIBUTIONS-OF-GAINS> (26)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 436
<NUMBER-OF-SHARES-REDEEMED> (24)
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> 238,775
<ACCUMULATED-NII-PRIOR> 416
<ACCUMULATED-GAINS-PRIOR> 12,235
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,810
<INTEREST-EXPENSE> 53
<GROSS-EXPENSE> 3,147
<AVERAGE-NET-ASSETS> 2,896
<PER-SHARE-NAV-BEGIN> 13.83
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> 3.36
<PER-SHARE-DIVIDEND> (.26)
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.77
<EXPENSE-RATIO> .61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> FOCUSED GROWTH PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 94,277
<INVESTMENTS-AT-VALUE> 114,043
<RECEIVABLES> 96
<ASSETS-OTHER> 27
<OTHER-ITEMS-ASSETS> 2
<TOTAL-ASSETS> 114,168
<PAYABLE-FOR-SECURITIES> 150
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 119
<TOTAL-LIABILITIES> 269
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 82,474
<SHARES-COMMON-STOCK> 7,337
<SHARES-COMMON-PRIOR> 6,871
<ACCUMULATED-NII-CURRENT> 111
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,548
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19,766
<NET-ASSETS> 113,899
<DIVIDEND-INCOME> 927
<INTEREST-INCOME> 116
<OTHER-INCOME> 0
<EXPENSES-NET> (933)
<NET-INVESTMENT-INCOME> 110
<REALIZED-GAINS-CURRENT> 11,548
<APPREC-INCREASE-CURRENT> 5,017
<NET-CHANGE-FROM-OPS> 16,675
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (317)
<DISTRIBUTIONS-OF-GAINS> (1,293)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,500
<NUMBER-OF-SHARES-REDEEMED> (2,151)
<SHARES-REINVESTED> 117
<NET-CHANGE-IN-ASSETS> 27,311
<ACCUMULATED-NII-PRIOR> 320
<ACCUMULATED-GAINS-PRIOR> 1,301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,116
<INTEREST-EXPENSE> 3
<GROSS-EXPENSE> 1,469
<AVERAGE-NET-ASSETS> 98,862
<PER-SHARE-NAV-BEGIN> 12.53
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 2.17
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> (.19)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.48
<EXPENSE-RATIO> .91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> FOCUSED GROWTH PORTFOLIO-CLASS C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> JUN-14-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 94,277
<INVESTMENTS-AT-VALUE> 114,043
<RECEIVABLES> 96
<ASSETS-OTHER> 27
<OTHER-ITEMS-ASSETS> 2
<TOTAL-ASSETS> 114,168
<PAYABLE-FOR-SECURITIES> 150
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 119
<TOTAL-LIABILITIES> 269
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 82,474
<SHARES-COMMON-STOCK> 483
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 111
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,548
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19,766
<NET-ASSETS> 113,899
<DIVIDEND-INCOME> 927
<INTEREST-INCOME> 116
<OTHER-INCOME> 0
<EXPENSES-NET> (933)
<NET-INVESTMENT-INCOME> 110
<REALIZED-GAINS-CURRENT> 11,548
<APPREC-INCREASE-CURRENT> 5,017
<NET-CHANGE-FROM-OPS> 16,675
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 529
<NUMBER-OF-SHARES-REDEEMED> (46)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,311
<ACCUMULATED-NII-PRIOR> 320
<ACCUMULATED-GAINS-PRIOR> 1,301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,116
<INTEREST-EXPENSE> 3
<GROSS-EXPENSE> 1,469
<AVERAGE-NET-ASSETS> 2,018
<PER-SHARE-NAV-BEGIN> 13.46
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 1.02
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.47
<EXPENSE-RATIO> 1.15
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> FOCUSED GROWTH PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 94,277
<INVESTMENTS-AT-VALUE> 114,043
<RECEIVABLES> 96
<ASSETS-OTHER> 27
<OTHER-ITEMS-ASSETS> 2
<TOTAL-ASSETS> 114,168
<PAYABLE-FOR-SECURITIES> 150
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 119
<TOTAL-LIABILITIES> 269
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 82,474
<SHARES-COMMON-STOCK> 46
<SHARES-COMMON-PRIOR> 39
<ACCUMULATED-NII-CURRENT> 111
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,548
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19,766
<NET-ASSETS> 113,899
<DIVIDEND-INCOME> 927
<INTEREST-INCOME> 116
<OTHER-INCOME> 0
<EXPENSES-NET> (933)
<NET-INVESTMENT-INCOME> 110
<REALIZED-GAINS-CURRENT> 11,548
<APPREC-INCREASE-CURRENT> 5,017
<NET-CHANGE-FROM-OPS> 16,675
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2)
<DISTRIBUTIONS-OF-GAINS> (8)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13
<NUMBER-OF-SHARES-REDEEMED> (7)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 27,311
<ACCUMULATED-NII-PRIOR> 320
<ACCUMULATED-GAINS-PRIOR> 1,301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,116
<INTEREST-EXPENSE> 3
<GROSS-EXPENSE> 1,469
<AVERAGE-NET-ASSETS> 555
<PER-SHARE-NAV-BEGIN> 12.48
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> 2.15
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> (.19)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.37
<EXPENSE-RATIO> 1.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 9
<NAME> SMALL COMPANY INDEX PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 100,206
<INVESTMENTS-AT-VALUE> 112,866
<RECEIVABLES> 275
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 4
<TOTAL-ASSETS> 113,160
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35
<TOTAL-LIABILITIES> 35
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 86,770
<SHARES-COMMON-STOCK> 8,081
<SHARES-COMMON-PRIOR> 7,310
<ACCUMULATED-NII-CURRENT> 1,164
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12,359
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12,832
<NET-ASSETS> 113,125
<DIVIDEND-INCOME> 1,638
<INTEREST-INCOME> 141
<OTHER-INCOME> 0
<EXPENSES-NET> 336
<NET-INVESTMENT-INCOME> 1,443
<REALIZED-GAINS-CURRENT> 12,846
<APPREC-INCREASE-CURRENT> 976
<NET-CHANGE-FROM-OPS> 15,265
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,002)
<DISTRIBUTIONS-OF-GAINS> (5,764)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,188
<NUMBER-OF-SHARES-REDEEMED> 1,933
<SHARES-REINVESTED> 516
<NET-CHANGE-IN-ASSETS> 18,182
<ACCUMULATED-NII-PRIOR> 724
<ACCUMULATED-GAINS-PRIOR> 5,279
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 424
<INTEREST-EXPENSE> 7
<GROSS-EXPENSE> 842
<AVERAGE-NET-ASSETS> 105,953
<PER-SHARE-NAV-BEGIN> 12.98
<PER-SHARE-NII> .19
<PER-SHARE-GAIN-APPREC> 1.75
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.81)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.97
<EXPENSE-RATIO> .32
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 9
<NAME> SMALL COMPANY INDEX PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 100,206
<INVESTMENTS-AT-VALUE> 112,866
<RECEIVABLES> 275
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 4
<TOTAL-ASSETS> 113,160
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35
<TOTAL-LIABILITIES> 35
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 86,770
<SHARES-COMMON-STOCK> 19
<SHARES-COMMON-PRIOR> 3
<ACCUMULATED-NII-CURRENT> 1,164
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12,359
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12,832
<NET-ASSETS> 113,125
<DIVIDEND-INCOME> 1,638
<INTEREST-INCOME> 141
<OTHER-INCOME> 0
<EXPENSES-NET> (336)
<NET-INVESTMENT-INCOME> 1,443
<REALIZED-GAINS-CURRENT> 12,846
<APPREC-INCREASE-CURRENT> 976
<NET-CHANGE-FROM-OPS> 15,265
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> (2)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17
<NUMBER-OF-SHARES-REDEEMED> 1
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 18,182
<ACCUMULATED-NII-PRIOR> 724
<ACCUMULATED-GAINS-PRIOR> 5,279
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 424
<INTEREST-EXPENSE> 7
<GROSS-EXPENSE> 842
<AVERAGE-NET-ASSETS> 102
<PER-SHARE-NAV-BEGIN> 12.95
<PER-SHARE-NII> .13
<PER-SHARE-GAIN-APPREC> 1.83
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.81)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.96
<EXPENSE-RATIO> .71
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 10
<NAME> BOND PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 360,976
<INVESTMENTS-AT-VALUE> 371,211
<RECEIVABLES> 5,148
<ASSETS-OTHER> 211
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 376,570
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,158
<TOTAL-LIABILITIES> 2,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 366,616
<SHARES-COMMON-STOCK> 17,661
<SHARES-COMMON-PRIOR> 13,661
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,439)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,235
<NET-ASSETS> 374,412
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 22,432
<OTHER-INCOME> 0
<EXPENSES-NET> (1,207)
<NET-INVESTMENT-INCOME> 21,225
<REALIZED-GAINS-CURRENT> (2,094)
<APPREC-INCREASE-CURRENT> (3,905)
<NET-CHANGE-FROM-OPS> 19,414
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (20,213)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (556)
<NUMBER-OF-SHARES-SOLD> 143,593
<NUMBER-OF-SHARES-REDEEMED> (79,885)
<SHARES-REINVESTED> 18,565
<NET-CHANGE-IN-ASSETS> 84,287
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,273)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,993
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,756
<AVERAGE-NET-ASSETS> 327,422
<PER-SHARE-NAV-BEGIN> 20.96
<PER-SHARE-NII> 1.29
<PER-SHARE-GAIN-APPREC> (.19)
<PER-SHARE-DIVIDEND> (1.26)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (.03)
<PER-SHARE-NAV-END> 20.77
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 10
<NAME> BOND PORTFOLIO-CLASS C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 360,976
<INVESTMENTS-AT-VALUE> 371,211
<RECEIVABLES> 5,148
<ASSETS-OTHER> 211
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 376,570
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,158
<TOTAL-LIABILITIES> 2,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 366,616
<SHARES-COMMON-STOCK> 353
<SHARES-COMMON-PRIOR> 177
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,439)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,235
<NET-ASSETS> 374,412
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 22,432
<OTHER-INCOME> 0
<EXPENSES-NET> (1,207)
<NET-INVESTMENT-INCOME> 21,225
<REALIZED-GAINS-CURRENT> 2,094
<APPREC-INCREASE-CURRENT> (3,905)
<NET-CHANGE-FROM-OPS> 19,414
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (264)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (7)
<NUMBER-OF-SHARES-SOLD> 4,311
<NUMBER-OF-SHARES-REDEEMED> (1,032)
<SHARES-REINVESTED> 271
<NET-CHANGE-IN-ASSETS> 84,287
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,273)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,993
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,756
<AVERAGE-NET-ASSETS> 4,436
<PER-SHARE-NAV-BEGIN> 20.96
<PER-SHARE-NII> 1.25
<PER-SHARE-GAIN-APPREC> (.18)
<PER-SHARE-DIVIDEND> (1.22)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (.03)
<PER-SHARE-NAV-END> 20.78
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 10
<NAME> BOND PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 360,976
<INVESTMENTS-AT-VALUE> 371,211
<RECEIVABLES> 5,148
<ASSETS-OTHER> 211
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 376,570
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,158
<TOTAL-LIABILITIES> 2,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 366,616
<SHARES-COMMON-STOCK> 11
<SHARES-COMMON-PRIOR> 6
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,439)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,235
<NET-ASSETS> 374,412
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 22,432
<OTHER-INCOME> 0
<EXPENSES-NET> (1,207)
<NET-INVESTMENT-INCOME> 21,225
<REALIZED-GAINS-CURRENT> 2,094
<APPREC-INCREASE-CURRENT> (3,905)
<NET-CHANGE-FROM-OPS> 19,414
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (1)
<NUMBER-OF-SHARES-SOLD> 127
<NUMBER-OF-SHARES-REDEEMED> (9)
<SHARES-REINVESTED> 37
<NET-CHANGE-IN-ASSETS> 84,287
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,273)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,993
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,756
<AVERAGE-NET-ASSETS> 158
<PER-SHARE-NAV-BEGIN> 20.94
<PER-SHARE-NII> 1.22
<PER-SHARE-GAIN-APPREC> (.18)
<PER-SHARE-DIVIDEND> (1.19)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (.03)
<PER-SHARE-NAV-END> 20.76
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 11
<NAME> SHORT DURATION PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 42,763
<INVESTMENTS-AT-VALUE> 42,746
<RECEIVABLES> 88
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 42,865
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,052
<TOTAL-LIABILITIES> 1,052
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 42,377
<SHARES-COMMON-STOCK> 4,187
<SHARES-COMMON-PRIOR> 4,554
<ACCUMULATED-NII-CURRENT> 35
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (582)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (17)
<NET-ASSETS> 41,813
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,692
<OTHER-INCOME> 00
<EXPENSES-NET> (121)
<NET-INVESTMENT-INCOME> 2,571
<REALIZED-GAINS-CURRENT> 29
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,600
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,571)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 64,087
<NUMBER-OF-SHARES-REDEEMED> (70,201)
<SHARES-REINVESTED> 2,425
<NET-CHANGE-IN-ASSETS> (3,660)
<ACCUMULATED-NII-PRIOR> 35
<ACCUMULATED-GAINS-PRIOR> (611)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 194
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 395
<AVERAGE-NET-ASSETS> 48,549
<PER-SHARE-NAV-BEGIN> 9.99
<PER-SHARE-NII> .53
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.53)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.99
<EXPENSE-RATIO> .25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> SHORT-INTERMEDIATE BOND PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 148,991
<INVESTMENTS-AT-VALUE> 151,158
<RECEIVABLES> 1,633
<ASSETS-OTHER> 1,316
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 154,107
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 89
<TOTAL-LIABILITIES> 89
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 151,156
<SHARES-COMMON-STOCK> 7,423
<SHARES-COMMON-PRIOR> 7,655
<ACCUMULATED-NII-CURRENT> 45
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 650
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,167
<NET-ASSETS> 154,018
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,435
<OTHER-INCOME> 0
<EXPENSES-NET> (607)
<NET-INVESTMENT-INCOME> 9,828
<REALIZED-GAINS-CURRENT> 392
<APPREC-INCREASE-CURRENT> (1,308)
<NET-CHANGE-FROM-OPS> 8,912
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,596)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 69,730
<NUMBER-OF-SHARES-REDEEMED> (82,742)
<SHARES-REINVESTED> 8,697
<NET-CHANGE-IN-ASSETS> (4,673)
<ACCUMULATED-NII-PRIOR> 206
<ACCUMULATED-GAINS-PRIOR> (132)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,011
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,478
<AVERAGE-NET-ASSETS> 168,531
<PER-SHARE-NAV-BEGIN> 20.73
<PER-SHARE-NII> 1.14
<PER-SHARE-GAIN-APPREC> (.01)
<PER-SHARE-DIVIDEND> (1.16)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.70
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> SHORT-INTERMEDIATE BOND PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 148,991
<INVESTMENTS-AT-VALUE> 151,158
<RECEIVABLES> 1,633
<ASSETS-OTHER> 1,316
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 154,107
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 89
<TOTAL-LIABILITIES> 89
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 151,156
<SHARES-COMMON-STOCK> 17
<SHARES-COMMON-PRIOR> 1
<ACCUMULATED-NII-CURRENT> 45
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 650
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,167
<NET-ASSETS> 154,018
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,435
<OTHER-INCOME> 0
<EXPENSES-NET> (607)
<NET-INVESTMENT-INCOME> 9,828
<REALIZED-GAINS-CURRENT> 392
<APPREC-INCREASE-CURRENT> (1,308)
<NET-CHANGE-FROM-OPS> 8,912
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 328
<NUMBER-OF-SHARES-REDEEMED> (2)
<SHARES-REINVESTED> 3
<NET-CHANGE-IN-ASSETS> (4,673)
<ACCUMULATED-NII-PRIOR> 206
<ACCUMULATED-GAINS-PRIOR> (132)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,011
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,478
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 20.71
<PER-SHARE-NII> 1.07
<PER-SHARE-GAIN-APPREC> (.02)
<PER-SHARE-DIVIDEND> (1.10)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.66
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLI0-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 94,380
<INVESTMENTS-AT-VALUE> 94,729
<RECEIVABLES> 1,393
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 96,147
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36
<TOTAL-LIABILITIES> 36
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 95,994
<SHARES-COMMON-STOCK> 4,602
<SHARES-COMMON-PRIOR> 2805
<ACCUMULATED-NII-CURRENT> 75
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (307)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 349
<NET-ASSETS> 96,111
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,897
<OTHER-INCOME> 0
<EXPENSES-NET> (325)
<NET-INVESTMENT-INCOME> 4,572
<REALIZED-GAINS-CURRENT> (58)
<APPREC-INCREASE-CURRENT> (201)
<NET-CHANGE-FROM-OPS> 4,313
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,393)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 104,606
<NUMBER-OF-SHARES-REDEEMED> (72,555)
<SHARES-REINVESTED> 4,198
<NET-CHANGE-IN-ASSETS> 39,715
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (260)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 527
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 833
<AVERAGE-NET-ASSETS> 84,229
<PER-SHARE-NAV-BEGIN> 20.08
<PER-SHARE-NII> 1.02
<PER-SHARE-GAIN-APPREC> (.01)
<PER-SHARE-DIVIDEND> (1.02)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.07
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLIO-CLASS C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-29-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 94,380
<INVESTMENTS-AT-VALUE> 94,729
<RECEIVABLES> 1,393
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 96,147
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36
<TOTAL-LIABILITIES> 36
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 95,994
<SHARES-COMMON-STOCK> 176
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 75
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (307)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 349
<NET-ASSETS> 96,111
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,897
<OTHER-INCOME> 0
<EXPENSES-NET> (325)
<NET-INVESTMENT-INCOME> 4,572
<REALIZED-GAINS-CURRENT> (58)
<APPREC-INCREASE-CURRENT> (201)
<NET-CHANGE-FROM-OPS> 4,313
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (159)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,695
<NUMBER-OF-SHARES-REDEEMED> (1,298)
<SHARES-REINVESTED> 159
<NET-CHANGE-IN-ASSETS> 39,715
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (260)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 527
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 833
<AVERAGE-NET-ASSETS> 3,361
<PER-SHARE-NAV-BEGIN> 20.13
<PER-SHARE-NII> .91
<PER-SHARE-GAIN-APPREC> (.12)
<PER-SHARE-DIVIDEND> (.86)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.06
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 94,380
<INVESTMENTS-AT-VALUE> 94,729
<RECEIVABLES> 1,393
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 96,147
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36
<TOTAL-LIABILITIES> 36
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 95,994
<SHARES-COMMON-STOCK> 11
<SHARES-COMMON-PRIOR> 3
<ACCUMULATED-NII-CURRENT> 75
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (307)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 349
<NET-ASSETS> 96,111
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,897
<OTHER-INCOME> 0
<EXPENSES-NET> (325)
<NET-INVESTMENT-INCOME> 4,572
<REALIZED-GAINS-CURRENT> (58)
<APPREC-INCREASE-CURRENT> (201)
<NET-CHANGE-FROM-OPS> 4,313
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 210
<NUMBER-OF-SHARES-REDEEMED> (60)
<SHARES-REINVESTED> 8
<NET-CHANGE-IN-ASSETS> 39,715
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (260)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 527
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 833
<AVERAGE-NET-ASSETS> 180
<PER-SHARE-NAV-BEGIN> 20.04
<PER-SHARE-NII> .96
<PER-SHARE-GAIN-APPREC> (.03)
<PER-SHARE-DIVIDEND> (.94)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.03
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 14
<NAME> U.S. TREASURY INDEX PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 26,167
<INVESTMENTS-AT-VALUE> 26,724
<RECEIVABLES> 387
<ASSETS-OTHER> 21
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 27,132
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11
<TOTAL-LIABILITIES> 11
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27,538
<SHARES-COMMON-STOCK> 1,276
<SHARES-COMMON-PRIOR> 851
<ACCUMULATED-NII-CURRENT> 25
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (999)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 557
<NET-ASSETS> 27,121
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,082
<OTHER-INCOME> 0
<EXPENSES-NET> (47)
<NET-INVESTMENT-INCOME> 1,035
<REALIZED-GAINS-CURRENT> 91
<APPREC-INCREASE-CURRENT> (239)
<NET-CHANGE-FROM-OPS> 887
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,005)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,176
<NUMBER-OF-SHARES-REDEEMED> (5,169)
<SHARES-REINVESTED> 746
<NET-CHANGE-IN-ASSETS> 9,161
<ACCUMULATED-NII-PRIOR> 21
<ACCUMULATED-GAINS-PRIOR> (1,090)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 70
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 184
<AVERAGE-NET-ASSETS> 16,968
<PER-SHARE-NAV-BEGIN> 20.78
<PER-SHARE-NII> 1.19
<PER-SHARE-GAIN-APPREC> (.18)
<PER-SHARE-DIVIDEND> (1.19)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.60
<EXPENSE-RATIO> .26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 14
<NAME> U.S. TREASURY INDEX PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 26,167
<INVESTMENTS-AT-VALUE> 26,724
<RECEIVABLES> 387
<ASSETS-OTHER> 21
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 27,132
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11
<TOTAL-LIABILITIES> 11
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27,538
<SHARES-COMMON-STOCK> 41
<SHARES-COMMON-PRIOR> 14
<ACCUMULATED-NII-CURRENT> 25
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (999)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 557
<NET-ASSETS> 27,121
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,082
<OTHER-INCOME> 0
<EXPENSES-NET> (47)
<NET-INVESTMENT-INCOME> 1,035
<REALIZED-GAINS-CURRENT> 91
<APPREC-INCREASE-CURRENT> (239)
<NET-CHANGE-FROM-OPS> 887
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (26)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 592
<NUMBER-OF-SHARES-REDEEMED> (66)
<SHARES-REINVESTED> 26
<NET-CHANGE-IN-ASSETS> 9,161
<ACCUMULATED-NII-PRIOR> 21
<ACCUMULATED-GAINS-PRIOR> (1,090)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 70
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 184
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 20.75
<PER-SHARE-NII> 1.17
<PER-SHARE-GAIN-APPREC> (.24)
<PER-SHARE-DIVIDEND> (1.11)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.57
<EXPENSE-RATIO> .65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 15
<NAME> BALANCED PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 44,220
<INVESTMENTS-AT-VALUE> 51,448
<RECEIVABLES> 457
<ASSETS-OTHER> 164
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 52,069
<PAYABLE-FOR-SECURITIES> 596
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87
<TOTAL-LIABILITIES> 683
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 42,854
<SHARES-COMMON-STOCK> 3,690
<SHARES-COMMON-PRIOR> 3,519
<ACCUMULATED-NII-CURRENT> 49
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,255
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,228
<NET-ASSETS> 51,386
<DIVIDEND-INCOME> 397
<INTEREST-INCOME> 1,256
<OTHER-INCOME> 0
<EXPENSES-NET> (287)
<NET-INVESTMENT-INCOME> 1,366
<REALIZED-GAINS-CURRENT> 1,834
<APPREC-INCREASE-CURRENT> 2,874
<NET-CHANGE-FROM-OPS> 6,074
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,231)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,431
<NUMBER-OF-SHARES-REDEEMED> (10,419)
<SHARES-REINVESTED> 1,076
<NET-CHANGE-IN-ASSETS> 12,489
<ACCUMULATED-NII-PRIOR> 48
<ACCUMULATED-GAINS-PRIOR> (579)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 363
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 558
<AVERAGE-NET-ASSETS> 40,594
<PER-SHARE-NAV-BEGIN> 11.05
<PER-SHARE-NII> .34
<PER-SHARE-GAIN-APPREC> 1.19
<PER-SHARE-DIVIDEND> (.34)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.24
<EXPENSE-RATIO> .61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 15
<NAME> BALANCED PORTFOLIO-CLASS C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-29-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 44,220
<INVESTMENTS-AT-VALUE> 51,448
<RECEIVABLES> 457
<ASSETS-OTHER> 164
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 52,069
<PAYABLE-FOR-SECURITIES> 596
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87
<TOTAL-LIABILITIES> 683
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 42,854
<SHARES-COMMON-STOCK> 490
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 49
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,255
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,228
<NET-ASSETS> 51,386
<DIVIDEND-INCOME> 397
<INTEREST-INCOME> 1,256
<OTHER-INCOME> 0
<EXPENSES-NET> (287)
<NET-INVESTMENT-INCOME> 1,366
<REALIZED-GAINS-CURRENT> 1,834
<APPREC-INCREASE-CURRENT> 2,874
<NET-CHANGE-FROM-OPS> 6,074
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (132)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,132
<NUMBER-OF-SHARES-REDEEMED> (797)
<SHARES-REINVESTED> 132
<NET-CHANGE-IN-ASSETS> 12,489
<ACCUMULATED-NII-PRIOR> 48
<ACCUMULATED-GAINS-PRIOR> (579)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 363
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 558
<AVERAGE-NET-ASSETS> 4,748
<PER-SHARE-NAV-BEGIN> 11.12
<PER-SHARE-NII> .29
<PER-SHARE-GAIN-APPREC> 1.12
<PER-SHARE-DIVIDEND> (.29)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.24
<EXPENSE-RATIO> .85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 15
<NAME> BALANCED PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> FEB-20-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 44,220
<INVESTMENTS-AT-VALUE> 51,448
<RECEIVABLES> 457
<ASSETS-OTHER> 164
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 52,069
<PAYABLE-FOR-SECURITIES> 596
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87
<TOTAL-LIABILITIES> 683
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 42,854
<SHARES-COMMON-STOCK> 19
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 49
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,255
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,228
<NET-ASSETS> 51,386
<DIVIDEND-INCOME> 397
<INTEREST-INCOME> 1,256
<OTHER-INCOME> 0
<EXPENSES-NET> (287)
<NET-INVESTMENT-INCOME> 1,366
<REALIZED-GAINS-CURRENT> 1,834
<APPREC-INCREASE-CURRENT> 2,874
<NET-CHANGE-FROM-OPS> 6,074
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 232
<NUMBER-OF-SHARES-REDEEMED> (9)
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> 12,489
<ACCUMULATED-NII-PRIOR> 48
<ACCUMULATED-GAINS-PRIOR> (579)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 363
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 558
<AVERAGE-NET-ASSETS> 25
<PER-SHARE-NAV-BEGIN> 11.34
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> .96
<PER-SHARE-DIVIDEND> (.29)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.23
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 16
<NAME> INTERNATIONAL BOND PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 30,390
<INVESTMENTS-AT-VALUE> 32,998
<RECEIVABLES> 1,100
<ASSETS-OTHER> 180
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 34,278
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,072
<SHARES-COMMON-STOCK> 1,543
<SHARES-COMMON-PRIOR> 1,503
<ACCUMULATED-NII-CURRENT> 31
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 529
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,603
<NET-ASSETS> 34,235
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,199
<OTHER-INCOME> 0
<EXPENSES-NET> (307)
<NET-INVESTMENT-INCOME> 1,892
<REALIZED-GAINS-CURRENT> 976
<APPREC-INCREASE-CURRENT> 26
<NET-CHANGE-FROM-OPS> 2,894
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,300)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,918
<NUMBER-OF-SHARES-REDEEMED> (6,747)
<SHARES-REINVESTED> 1,747
<NET-CHANGE-IN-ASSETS> 1,553
<ACCUMULATED-NII-PRIOR> 36
<ACCUMULATED-GAINS-PRIOR> (43)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 288
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 506
<AVERAGE-NET-ASSETS> 31,994
<PER-SHARE-NAV-BEGIN> 21.74
<PER-SHARE-NII> 1.54
<PER-SHARE-GAIN-APPREC> .43
<PER-SHARE-DIVIDEND> (1.55)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.16
<EXPENSE-RATIO> .96
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 16
<NAME> INTERNATIONAL BOND PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 30,390
<INVESTMENTS-AT-VALUE> 32,998
<RECEIVABLES> 1,100
<ASSETS-OTHER> 180
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 34,278
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,072
<SHARES-COMMON-STOCK> 2
<SHARES-COMMON-PRIOR> 1
<ACCUMULATED-NII-CURRENT> 31
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 529
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,603
<NET-ASSETS> 34,235
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,199
<OTHER-INCOME> 0
<EXPENSES-NET> (307)
<NET-INVESTMENT-INCOME> 1,892
<REALIZED-GAINS-CURRENT> 976
<APPREC-INCREASE-CURRENT> 26
<NET-CHANGE-FROM-OPS> 2,894
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 1,553
<ACCUMULATED-NII-PRIOR> 36
<ACCUMULATED-GAINS-PRIOR> (43)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 288
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 506
<AVERAGE-NET-ASSETS> 12
<PER-SHARE-NAV-BEGIN> 21.74
<PER-SHARE-NII> 1.37
<PER-SHARE-GAIN-APPREC> .51
<PER-SHARE-DIVIDEND> (1.48)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.14
<EXPENSE-RATIO> 1.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 17
<NAME> INTERNATIONAL GROWTH PORTFOLIO-CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 135,257
<INVESTMENTS-AT-VALUE> 139,480
<RECEIVABLES> 4,664
<ASSETS-OTHER> 34
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 144,178
<PAYABLE-FOR-SECURITIES> 5,075
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 827
<TOTAL-LIABILITIES> 5,902
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 130,284
<SHARES-COMMON-STOCK> 12,998
<SHARES-COMMON-PRIOR> 15,049
<ACCUMULATED-NII-CURRENT> 720
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,034
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,223
<NET-ASSETS> 138,276
<DIVIDEND-INCOME> 2,149
<INTEREST-INCOME> 293
<OTHER-INCOME> 0
<EXPENSES-NET> (1,453)
<NET-INVESTMENT-INCOME> 989
<REALIZED-GAINS-CURRENT> 8,942
<APPREC-INCREASE-CURRENT> 3,186
<NET-CHANGE-FROM-OPS> 13,095
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,919)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,737
<NUMBER-OF-SHARES-REDEEMED> 5,018
<SHARES-REINVESTED> 230
<NET-CHANGE-IN-ASSETS> (10,448)
<ACCUMULATED-NII-PRIOR> 2,579
<ACCUMULATED-GAINS-PRIOR> (5,836)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,362
<INTEREST-EXPENSE> 9
<GROSS-EXPENSE> 1,958
<AVERAGE-NET-ASSETS> 136,123
<PER-SHARE-NAV-BEGIN> 9.88
<PER-SHARE-NII> .10
<PER-SHARE-GAIN-APPREC> .87
<PER-SHARE-DIVIDEND> (.22)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.63
<EXPENSE-RATIO> 1.06
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS ANNUAL REPORT DATED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 17
<NAME> INTERNATIONAL GROWTH PORTFOLIO-CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 135,257
<INVESTMENTS-AT-VALUE> 139,480
<RECEIVABLES> 4,664
<ASSETS-OTHER> 34
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 144,178
<PAYABLE-FOR-SECURITIES> 5,075
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 827
<TOTAL-LIABILITIES> 5,902
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 130,284
<SHARES-COMMON-STOCK> 9
<SHARES-COMMON-PRIOR> 2
<ACCUMULATED-NII-CURRENT> 720
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,034
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,223
<NET-ASSETS> 138,276
<DIVIDEND-INCOME> 2,149
<INTEREST-INCOME> 293
<OTHER-INCOME> 0
<EXPENSES-NET> (1,453)
<NET-INVESTMENT-INCOME> 989
<REALIZED-GAINS-CURRENT> 8,942
<APPREC-INCREASE-CURRENT> 3,186
<NET-CHANGE-FROM-OPS> 13,095
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (10,448)
<ACCUMULATED-NII-PRIOR> 2,579
<ACCUMULATED-GAINS-PRIOR> (5,836)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,362
<INTEREST-EXPENSE> 9
<GROSS-EXPENSE> 1,958
<AVERAGE-NET-ASSETS> 80
<PER-SHARE-NAV-BEGIN> 9.83
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .92
<PER-SHARE-DIVIDEND> (.22)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.54
<EXPENSE-RATIO> 1.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
