DEAN WITTER VARIABLE INVESTMENT SERIES
NSAR-B, 1995-02-28
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<PAGE>      PAGE  1
000 B000000 12/31/94
000 C000000 0000716716
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 DEAN WITTER VARIABLE INVESTMENT SERIES
001 B000000 811-3692
001 C000000 2123922550
002 A000000 TWO WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 11
007 C010100  1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 QUALITY INCOME PLUS PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 HIGH YIELD PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 UTILITIES PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 DIVIDEND GROWTH PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 CAPITAL GROWTH PORTFOILIO
007 C030600 N
007 C010700  7
007 C020700 EUROPEAN GROWTH PORTFOLIO
007 C030700 N
007 C010800  8
007 C020800 EQUITY PORTFOLIO
007 C030800 N
007 C010900  9
007 C020900 MANAGED ASSETS PORTFOLIO
007 C030900 N
007 C011000 10
007 C021000 GLOBAL DIVIDEND GROWTH PORTFOLIO
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 PACIFIC GROWTH PORTFOLIO
007 C031100 N
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
011 A00AA01 DEAN WITTER DISTRIBUTORS INC.
011 B00AA01 8-45262
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10048
012 A00AA01 DEAN WITTER TRUST COMPANY
012 B00AA01 84-1785
012 C01AA01 JERSEY CITY
012 C02AA01 NJ
012 C03AA01 07311
013 A00AA01 PRICE WATERHOUSE
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  114
019 C00AA00 DEANWITTER
020 A000001 DEAN WITTER REYNOLDS INC.
020 B000001 94-1671384
020 C000001    546
020 A000002 LEHMAN BROTHERS
020 B000002 13-2518466
020 C000002    152
020 A000003 MORGAN STANLEY & CO.
020 B000003 13-2655998
020 C000003    151
020 A000004 GOLDMAN SACHS & CO.
020 B000004 13-5108880
020 C000004    134
020 A000005 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000005 13-5674085
020 C000005    123
020 A000006 BARCLAYS DE ZOETE WEDD
020 B000006 13-3551367
020 C000006    118
020 A000007 CS FIRST BOSTON CORPORATION
020 B000007 36-3595942
<PAGE>      PAGE  3
020 C000007    113
020 A000008 S.G. WARBURG & CO. INC.
020 B000008 13-3340045
020 C000008    106
020 A000009 BERNSTEIN (SANFORD C.) & CO., INC.
020 B000009 13-2625874
020 C000009     99
020 A000010 HOARE GOVETT ASIA LTDBARCLAYS DE ZOETE WEDD S
020 B000010 N/A
020 C000010     86
021  000000  3761431
022 A000001 BANK OF NEW YORK
022 B000001 13-5160382
022 C000001   4019246
022 D000001         0
022 A000002 BA SECURITIES INC
022 B000002 95-4035346
022 C000002   3015674
022 D000002     36501
022 A000003 BANK OF AMERICA NT & SA
022 B000003 94-1687665
022 C000003   2155007
022 D000003    162915
022 A000004 FORD MOTOR CREDIT CO.
022 B000004 38-1612444
022 C000004   1338664
022 D000004         0
022 A000005 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000005 13-5674085
022 C000005    729497
022 D000005    152573
022 A000006 GOLDMAN SACHS & CO.
022 B000006 13-5108880
022 C000006    665227
022 D000006    120653
022 A000007 LEHMAN BROTHERS
022 B000007 13-2518466
022 C000007    541415
022 D000007    101154
022 A000008 KIDDER PEABODY & CO., INC.
022 B000008 13-2347336
022 C000008    217058
022 D000008    246753
022 A000009 GENERAL ELECTRIC CAPITAL
022 B000009 13-1500700
022 C000009    448090
022 D000009         0
022 A000010 PRUDENTIAL SECURITIES INC.
022 B000010 22-2347336
022 C000010    253102
022 D000010    123040
<PAGE>      PAGE  4
023 C000000   17906448
023 D000000    1839200
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 N
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00        0
077 A000000 Y
<PAGE>      PAGE  5
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 ICI MUTUAL
080 B00AA00 GULF, VIGILANT (CHUBB), RELIANCE
080 C00AA00   100000
081 A00AA00 Y
081 B00AA00 103
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
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086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000101 DEAN WITTER INTERCAPITAL INC.
008 B000101 A
008 C000101 801-42061
008 D010101 NEW YORK
008 D020101 NY
008 D030101 10048
014 A000101 DEAN WITTER REYNOLDS INC.
<PAGE>      PAGE  6
014 B000101 8-14172
015 A000101 THE BANK OF NEW YORK
015 B000101 C
015 C010101 NEW YORK
015 C020101 NY
015 C030101 10286
015 E010101 X
024  000100 N
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028 E020100      1051
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028 G020100      5385
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028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.500
048 A010100        0
048 A020100 0.000
<PAGE>      PAGE  7
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
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048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
055 A000100 Y
055 B000100 N
056  000100 Y
057  000100 N
062 A000100 Y
062 B000100   0.0
062 C000100  46.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   8.8
062 I000100  81.5
062 J000100   0.0
062 K000100   0.0
062 L000100   5.2
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100  42
063 B000100  0.0
064 A000100 Y
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
<PAGE>      PAGE  8
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100 12
072 B000100     9034
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100     1007
072 G000100        0
072 H000100        0
072 I000100        0
072 J000100       19
072 K000100        0
<PAGE>      PAGE  9
072 L000100       13
072 M000100        1
072 N000100       45
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       23
072 S000100        1
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100        2
072 X000100     1111
072 Y000100        0
072 Z000100     7923
072AA000100        0
072BB000100        0
072CC010100        0
072CC020100        0
072DD010100     7923
072DD020100        0
072EE000100        0
073 A010100   0.0374
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        2
074 B000100        0
074 C000100   268965
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100      391
074 M000100        6
074 N000100   269364
074 O000100        0
074 P000100      108
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      632
074 S000100        0
074 T000100   268624
074 U010100   268624
074 U020100        0
<PAGE>      PAGE  10
074 V010100     1.00
074 V020100     0.00
074 W000100   0.9996
074 X000100        2
074 Y000100        0
075 A000100   201911
075 B000100        0
076  000100     0.00
008 A000201 DEAN WITTER INTERCAPITAL INC.
008 B000201 A
008 C000201 801-42061
008 D010201 NEW YORK
008 D020201 NY
008 D030201 10048
014 A000201 DEAN WITTER REYNOLDS INC.
014 B000201 8-14172
015 A000201 THE BANK OF NEW YORK
015 B000201 C
015 C010201 NEW YORK
015 C020201 NY
015 C030201 10286
015 E010201 X
024  000200 N
025 A000201 DELETE
025 D000201       0
025 A000202 DELETE
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200      1117
028 A020200      2698
028 A030200         0
028 A040200     10677
028 B010200      2063
028 B020200      3001
028 B030200         0
028 B040200      5715
028 C010200       537
028 C020200      2720
028 C030200         0
028 C040200      8512
028 D010200       454
028 D020200      2562
028 D030200         0
028 D040200     14287
028 E010200       631
028 E020200      2749
<PAGE>      PAGE  11
028 E030200         0
028 E040200     12526
028 F010200       937
028 F020200      2645
028 F030200         0
028 F040200      6299
028 G010200      5739
028 G020200     16375
028 G030200         0
028 G040200     58016
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.500
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
062 A000200 Y
062 B000200   1.4
062 C000200   7.0
062 D000200   0.2
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.9
062 J000200   0.0
<PAGE>      PAGE  12
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200  39.9
062 O000200   0.0
062 P000200  52.1
062 Q000200   5.2
062 R000200   0.0
063 A000200   0
063 B000200 22.6
064 A000200 N
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
<PAGE>      PAGE  13
070 R010200 N
070 R020200 N
071 A000200   1191137
071 B000200   1213484
071 C000200    403432
071 D000200  254
072 A000200 12
072 B000200    34556
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200     2327
072 G000200        0
072 H000200        0
072 I000200        0
072 J000200       88
072 K000200        0
072 L000200       39
072 M000200        6
072 N000200        0
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072 P000200        0
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072 S000200        1
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072 U000200        0
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072 X000200     2515
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072 Z000200    32041
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072DD020200        0
072EE000200     8412
073 A010200   0.6896
073 A020200   0.0000
073 B000200   0.1793
073 C000200   2.0000
074 A000200        0
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074 C000200     9544
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074 E000200        0
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<PAGE>      PAGE  14
074 I000200        0
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074 Y000200    29569
075 A000200        0
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076  000200     0.00
008 A000301 DEAN WITTER INTERCAPITAL INC.
008 B000301 A
008 C000301 801-42061
008 D010301 NEW YORK
008 D020301 NY
008 D030301 10048
014 A000301 DEAN WITTER REYNOLDS INC.
014 B000301 8-14172
015 A000301 THE BANK OF NEW YORK
015 B000301 C
015 C010301 NEW YORK
015 C020301 NY
015 C030301 10286
015 E010301 X
024  000300 N
025 D000301       0
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025 D000303       0
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025 D000306       0
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028 A010300      2076
028 A020300      1125
028 A030300         0
<PAGE>      PAGE  15
028 A040300      1374
028 B010300      2236
028 B020300      1322
028 B030300         0
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028 D020300      1188
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028 E010300       864
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028 E030300         0
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028 F010300       910
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028 G010300      7754
028 G020300      7580
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028 G040300     13865
028 H000300         0
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.500
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048 A020300 0.000
048 B010300        0
048 B020300 0.000
048 C010300        0
048 C020300 0.000
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048 E010300        0
048 E020300 0.000
048 F010300        0
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048 G010300        0
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048 H020300 0.000
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<PAGE>      PAGE  16
048 K020300 0.000
055 A000300 Y
055 B000300 N
056  000300 Y
057  000300 N
062 A000300 Y
062 B000300  11.9
062 C000300   0.0
062 D000300   1.4
062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   0.0
062 N000300   0.0
062 O000300   0.0
062 P000300  81.8
062 Q000300   0.0
062 R000300   3.0
063 A000300   0
063 B000300  8.7
064 A000300 N
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
<PAGE>      PAGE  17
070 J020300 Y
070 K010300 N
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300    126250
071 B000300     98471
071 C000300     93640
071 D000300  105
072 A000300 12
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<PAGE>      PAGE  18
072DD010300    13464
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072EE000300        0
073 A010300   7.7411
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074 V010300     6.16
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074 W000300   0.0000
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074 Y000300        0
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076  000300     0.00
008 A000401 DEAN WITTER INTERCAPITAL INC.
008 B000401 A
008 C000401 801-42061
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<PAGE>      PAGE  19
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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014 A000601 DEAN WITTER REYNOLDS INC.
014 B000601 8-14172
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014 A000701 DEAN WITTER REYNOLDS INC.
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<PAGE>      PAGE  32
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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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008 D030801 10048
014 A000801 DEAN WITTER REYNOLDS INC.
014 B000801 8-14172
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048 C020800 0.000
048 D010800        0
048 D020800 0.000
048 E010800        0
048 E020800 0.000
048 F010800        0
048 F020800 0.000
048 G010800        0
048 G020800 0.000
048 H010800        0
048 H020800 0.000
048 I010800        0
048 I020800 0.000
048 J010800        0
048 J020800 0.000
048 K010800        0
048 K020800 0.000
055 A000800 Y
055 B000800 N
056  000800 Y
057  000800 N
062 A000800 N
062 B000800   0.0
062 C000800   0.0
062 D000800   0.0
062 E000800   0.0
062 F000800   0.0
062 G000800   0.0
062 H000800   0.0
062 I000800   0.0
062 J000800   0.0
062 K000800   0.0
062 L000800   0.0
062 M000800   0.0
062 N000800   0.0
062 O000800   0.0
062 P000800   0.0
062 Q000800   0.0
062 R000800   0.0
063 A000800   0
<PAGE>      PAGE  38
063 B000800  0.0
066 A000800 Y
066 D000800 Y
067  000800 N
068 A000800 N
068 B000800 N
069  000800 N
070 A010800 Y
070 A020800 Y
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 N
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800    583386
071 B000800    548212
071 C000800    183626
071 D000800  299
072 A000800 12
072 B000800     1696
072 C000800     2095
072 D000800        0
<PAGE>      PAGE  39
072 E000800        0
072 F000800     1078
072 G000800        0
072 H000800        0
072 I000800        0
072 J000800       72
072 K000800        0
072 L000800       21
072 M000800        4
072 N000800       19
072 O000800        0
072 P000800        0
072 Q000800        0
072 R000800       24
072 S000800       -1
072 T000800        0
072 U000800        0
072 V000800        0
072 W000800        3
072 X000800     1220
072 Y000800        0
072 Z000800     2571
072AA000800        0
072BB000800        0
072CC010800    10255
072CC020800        0
072DD010800     4039
072DD020800     2394
072EE000800        0
073 A010800 164.4200
073 A020800   0.2200
073 B000800   1.6007
073 C000800   0.0000
074 A000800        0
074 B000800      857
074 C000800    44910
074 D000800    15295
074 E000800     2888
074 F000800   170780
074 G000800        0
074 H000800        0
074 I000800        4
074 J000800     2747
074 K000800      704
074 L000800      285
074 M000800        3
074 N000800   238473
074 O000800    12047
074 P000800      969
074 Q000800        0
074 R010800        0
<PAGE>      PAGE  40
074 R020800        0
074 R030800        0
074 R040800      168
074 S000800        0
074 T000800   225289
074 U010800    11701
074 U020800       15
074 V010800    18.00
074 V020800     0.00
074 W000800   0.0000
074 X000800        2
074 Y000800        0
075 A000800        0
075 B000800   215502
076  000800     0.00
008 A000901 DEAN WITTER INTERCAPITAL INC.
008 B000901 A
008 C000901 801-42061
008 D010901 NEW YORK
008 D020901 NY
008 D030901 10048
014 A000901 DEAN WITTER REYNOLDS INC.
014 B000901 8-14172
015 A000901 THE BANK OF NEW YORK
015 B000901 C
015 C010901 NEW YORK
015 C020901 NY
015 C030901 10286
015 E010901 X
024  000900 N
025 D000901       0
025 D000902       0
025 D000903       0
025 D000904       0
025 D000905       0
025 D000906       0
025 D000907       0
025 D000908       0
028 A010900      9084
028 A020900      1027
028 A030900         0
028 A040900       696
028 B010900      8170
028 B020900       943
028 B030900         0
028 B040900       577
028 C010900      8123
028 C020900      1357
028 C030900         0
028 C040900      1255
028 D010900      6597
<PAGE>      PAGE  41
028 D020900      1330
028 D030900         0
028 D040900      2626
028 E010900      7061
028 E020900      1516
028 E030900         0
028 E040900      1431
028 F010900      5918
028 F020900      1553
028 F030900         0
028 F040900      3135
028 G010900     44953
028 G020900      7726
028 G030900         0
028 G040900      9720
028 H000900         0
045  000900 Y
046  000900 N
047  000900 Y
048  000900  0.500
048 A010900        0
048 A020900 0.000
048 B010900        0
048 B020900 0.000
048 C010900        0
048 C020900 0.000
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
048 K010900        0
048 K020900 0.000
055 A000900 Y
055 B000900 N
056  000900 Y
057  000900 N
062 A000900 Y
062 B000900  24.5
062 C000900  41.8
062 D000900   0.5
062 E000900   0.0
<PAGE>      PAGE  42
062 F000900   0.0
062 G000900   0.0
062 H000900   4.5
062 I000900  29.2
062 J000900   0.0
062 K000900   0.0
062 L000900   0.0
062 M000900   0.0
062 N000900   0.0
062 O000900   0.0
062 P000900   0.0
062 Q000900   0.0
062 R000900   0.0
063 A000900  65
063 B000900  0.0
064 A000900 N
064 B000900 N
066 A000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 N
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
<PAGE>      PAGE  43
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900    112621
071 B000900    284383
071 C000900     90363
071 D000900  125
072 A000900 12
072 B000900    13315
072 C000900     2262
072 D000900        0
072 E000900        0
072 F000900     1740
072 G000900        0
072 H000900        0
072 I000900        0
072 J000900       56
072 K000900        0
072 L000900       33
072 M000900        6
072 N000900       32
072 O000900        0
072 P000900        0
072 Q000900        0
072 R000900       22
072 S000900       -6
072 T000900        0
072 U000900        0
072 V000900        0
072 W000900        5
072 X000900     1888
072 Y000900        0
072 Z000900    13689
072AA000900    13979
072BB000900        0
072CC010900        0
072CC020900    14418
072DD010900    12720
072DD020900        0
072EE000900     6891
073 A010900   0.4566
073 A020900   0.0000
073 B000900   0.2568
073 C000900   0.0000
074 A000900       27
074 B000900        0
074 C000900   392909
<PAGE>      PAGE  44
074 D000900        0
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900        0
074 K000900        0
074 L000900      230
074 M000900        2
074 N000900   393168
074 O000900        0
074 P000900      166
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900      242
074 S000900        0
074 T000900   392760
074 U010900    31535
074 U020900        0
074 V010900    12.45
074 V020900     0.00
074 W000900   0.0000
074 X000900        2
074 Y000900        0
075 A000900        0
075 B000900   347988
076  000900     0.00
008 A001001 DEAN WITTER INTERCAPITAL INC.
008 B001001 A
008 C001001 801-42061
008 D011001 NEW YORK
008 D021001 NY
008 D031001 10048
008 A001002 DELETE
014 A001001 DEAN WITTER REYNOLDS INC.
014 B001001 8-14172
015 A001001 THE CHASE MANHATTAN BANK,N.A.
015 B001001 C
015 C011001 BROOKLYN
015 C021001 NY
015 C031001 11245
015 E011001 X
024  001000 N
025 D001001       0
025 D001002       0
025 D001003       0
025 D001004       0
025 D001005       0
<PAGE>      PAGE  45
025 D001006       0
025 D001007       0
025 D001008       0
028 A011000     11117
028 A021000       392
028 A031000         0
028 A041000        38
028 B011000     16216
028 B021000       129
028 B031000         0
028 B041000       445
028 C011000     15041
028 C021000       101
028 C031000         0
028 C041000        67
028 D011000     15770
028 D021000       291
028 D031000         0
028 D041000        61
028 E011000     10184
028 E021000        79
028 E031000         0
028 E041000       385
028 F011000      3700
028 F021000       192
028 F031000         0
028 F041000      1188
028 G011000     72028
028 G021000      1184
028 G031000         0
028 G041000      2184
028 H001000         0
045  001000 Y
046  001000 N
047  001000 Y
048  001000  0.750
048 A011000        0
048 A021000 0.000
048 B011000        0
048 B021000 0.000
048 C011000        0
048 C021000 0.000
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
048 F011000        0
048 F021000 0.000
048 G011000        0
048 G021000 0.000
048 H011000        0
<PAGE>      PAGE  46
048 H021000 0.000
048 I011000        0
048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000        0
048 K021000 0.000
055 A001000 Y
055 B001000 N
056  001000 Y
057  001000 N
062 A001000 N
062 B001000   0.0
062 C001000   0.0
062 D001000   0.0
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   0.0
062 M001000   0.0
062 N001000   0.0
062 O001000   0.0
062 P001000   0.0
062 Q001000   0.0
062 R001000   0.0
066 A001000 Y
066 C001000 Y
067  001000 N
068 A001000 N
068 B001000 Y
069  001000 N
070 A011000 Y
070 A021000 N
070 B011000 Y
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
<PAGE>      PAGE  47
070 I011000 Y
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
070 L021000 Y
070 M011000 Y
070 M021000 Y
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000    157037
071 B001000     16532
071 C001000     82221
071 D001000   20
072 A001000 11
072 B001000      160
072 C001000     2301
072 D001000        0
072 E001000        0
072 F001000      528
072 G001000        0
072 H001000        0
072 I001000        0
072 J001000       76
072 K001000        0
072 L001000        1
072 M001000        0
072 N001000       48
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000       23
072 S001000        3
072 T001000        0
072 U001000        0
072 V001000        0
072 W001000        1
072 X001000      680
072 Y001000       66
072 Z001000     1847
072AA001000       16
<PAGE>      PAGE  48
072BB001000        0
072CC011000        0
072CC021000     3053
072DD011000     1516
072DD021000        0
072EE001000        0
073 A011000   0.2058
073 A021000   0.0000
073 B001000   0.0000
073 C001000   0.0000
074 A001000      292
074 B001000        0
074 C001000        0
074 D001000        0
074 E001000     1001
074 F001000   136471
074 G001000        0
074 H001000        0
074 I001000        0
074 J001000     1067
074 K001000      180
074 L001000      682
074 M001000        0
074 N001000   139693
074 O001000      463
074 P001000      624
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000      120
074 S001000        0
074 T001000   138486
074 U011000    14100
074 U021000        0
074 V011000     9.82
074 V021000     0.00
074 W001000   0.0000
074 X001000        2
074 Y001000        0
075 A001000        0
075 B001000    82634
076  001000     0.00
008 A001101 DEAN WITTER INTERCAPITAL INC.
008 B001101 A
008 C001101 801-42061
008 D011101 NEW YORK
008 D021101 NY
008 D031101 10048
008 A001102 MORGAN GRENFELL INVESTMENT SERVICES LIMITED
008 B001102 A
<PAGE>      PAGE  49
008 C001102 801-12880
008 D011102 LONDON
008 D051102 ENGLAND
014 A001101 DEAN WITTER REYNOLDS INC.
014 B001101 8-14172
014 A001102 CJ LAWRENCE,MORGAN GRENFELL,INC.
014 B001102 8-000000
015 A001101 THE CHASE MANHATTAN BANK,N.A.
015 B001101 C
015 C011101 BROOKLYN
015 C021101 NY
015 C031101 11245
015 E011101 X
024  001100 N
025 D001101       0
025 D001102       0
025 D001103       0
025 D001104       0
025 D001105       0
025 D001106       0
025 D001107       0
025 D001108       0
028 A011100      4759
028 A021100        43
028 A031100         0
028 A041100        89
028 B011100      9484
028 B021100        32
028 B031100         0
028 B041100       465
028 C011100      6943
028 C021100         0
028 C031100         0
028 C041100        98
028 D011100      8736
028 D021100        16
028 D031100         0
028 D041100        20
028 E011100      4885
028 E021100         0
028 E031100         0
028 E041100       300
028 F011100      2626
028 F021100         0
028 F031100         0
028 F041100       917
028 G011100     37433
028 G021100        91
028 G031100         0
028 G041100      1889
028 H001100         0
<PAGE>      PAGE  50
045  001100 Y
046  001100 N
047  001100 Y
048  001100  1.000
048 A011100        0
048 A021100 0.000
048 B011100        0
048 B021100 0.000
048 C011100        0
048 C021100 0.000
048 D011100        0
048 D021100 0.000
048 E011100        0
048 E021100 0.000
048 F011100        0
048 F021100 0.000
048 G011100        0
048 G021100 0.000
048 H011100        0
048 H021100 0.000
048 I011100        0
048 I021100 0.000
048 J011100        0
048 J021100 0.000
048 K011100        0
048 K021100 0.000
055 A001100 Y
055 B001100 N
056  001100 Y
057  001100 N
062 A001100 N
062 B001100   0.0
062 C001100   0.0
062 D001100   0.0
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.0
062 J001100   0.0
062 K001100   0.0
062 L001100   0.0
062 M001100   0.0
062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
062 R001100   0.0
066 A001100 Y
066 C001100 Y
067  001100 N
<PAGE>      PAGE  51
068 A001100 N
068 B001100 Y
069  001100 N
070 A011100 Y
070 A021100 N
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 Y
070 H021100 N
070 I011100 Y
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100     87273
071 B001100     10398
071 C001100     46673
071 D001100   22
072 A001100 11
072 B001100      173
072 C001100      474
072 D001100        0
072 E001100        0
072 F001100      413
072 G001100        0
072 H001100        0
<PAGE>      PAGE  52
072 I001100        0
072 J001100      118
072 K001100        0
072 L001100        1
072 M001100        0
072 N001100       27
072 O001100        0
072 P001100        0
072 Q001100        0
072 R001100       17
072 S001100        2
072 T001100        0
072 U001100        0
072 V001100        0
072 W001100        1
072 X001100      579
072 Y001100      164
072 Z001100      232
072AA001100        0
072BB001100      741
072CC011100        0
072CC021100     2837
072DD011100        0
072DD021100        0
072EE001100      236
073 A011100   0.0000
073 A021100   0.0000
073 B001100   0.0680
073 C001100   0.0000
074 A001100      822
074 B001100        0
074 C001100     1000
074 D001100     6119
074 E001100        0
074 F001100    67353
074 G001100        0
074 H001100        0
074 I001100      476
074 J001100        0
074 K001100        0
074 L001100      147
074 M001100        0
074 N001100    75917
074 O001100      311
074 P001100       62
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100      119
074 S001100        0
<PAGE>      PAGE  53
074 T001100    75425
074 U011100     8145
074 U021100        0
074 V011100     9.26
074 V021100     0.00
074 W001100   0.0000
074 X001100        2
074 Y001100        0
075 A001100        0
075 B001100    48511
076  001100     0.00
SIGNATURE   SHELDON CURTIS                               
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
VARIABLE INVESTMENT SERIES - SERIES NUMBER 1
MONEY MARKET PORTFOLIO   12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      268,964,991
<INVESTMENTS-AT-VALUE>                     268,964,991
<RECEIVABLES>                                  390,596
<ASSETS-OTHER>                                   8,554
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             269,364,141
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      739,688
<TOTAL-LIABILITIES>                            739,688
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   268,624,433
<SHARES-COMMON-STOCK>                      268,624,433
<SHARES-COMMON-PRIOR>                      129,925,002
<ACCUMULATED-NII-CURRENT>                           20
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                               268,624,453
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            9,034,116
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,110,838
<NET-INVESTMENT-INCOME>                      7,923,278
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                        7,923,278
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    7,923,343
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    243,270,066
<NUMBER-OF-SHARES-REDEEMED>              (112,493,978)
<SHARES-REINVESTED>                          7,923,343
<NET-CHANGE-IN-ASSETS>                     138,699,366
<ACCUMULATED-NII-PRIOR>                             85
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,006,787
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,110,838
<AVERAGE-NET-ASSETS>                       201,910,737
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                  0.037
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                      (0.037)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.55
<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>
VARIABLE INVESTMENT SERIES --- SERIES 2
QUALITY INCOME PLUS   12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      432,142,289
<INVESTMENTS-AT-VALUE>                     413,699,312
<RECEIVABLES>                                6,558,962
<ASSETS-OTHER>                                   3,150
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             420,261,424
<PAYABLE-FOR-SECURITIES>                     5,072,500
<SENIOR-LONG-TERM-DEBT>                              0 
<OTHER-ITEMS-LIABILITIES>                      284,012
<TOTAL-LIABILITIES>                          5,356,512
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   472,765,966
<SHARES-COMMON-STOCK>                       43,920,670
<SHARES-COMMON-PRIOR>                       44,202,872
<ACCUMULATED-NII-CURRENT>                       85,136
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (39,503,213)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (18,442,977)
<NET-ASSETS>                               414,904,912
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           34,555,809
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,515,229
<NET-INVESTMENT-INCOME>                     32,040,580
<REALIZED-GAINS-CURRENT>                  (38,500,832)
<APPREC-INCREASE-CURRENT>                 (28,248,118)
<NET-CHANGE-FROM-OPS>                     (34,708,370)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (31,956,022)
<DISTRIBUTIONS-OF-GAINS>                   (8,412,812)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,844,176
<NUMBER-OF-SHARES-REDEEMED>                 10,177,416 
<SHARES-REINVESTED>                          4,051,038
<NET-CHANGE-IN-ASSETS>                    (72,741,619)
<ACCUMULATED-NII-PRIOR>                            578
<ACCUMULATED-GAINS-PRIOR>                    7,410,413
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,515,229
<AVERAGE-NET-ASSETS>                       465,382,256
<PER-SHARE-NAV-BEGIN>                            11.03
<PER-SHARE-NII>                                    .69
<PER-SHARE-GAIN-APPREC>                         (1.40)
<PER-SHARE-DIVIDEND>                             (.69)
<PER-SHARE-DISTRIBUTIONS>                        (.18)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.45
<EXPENSE-RATIO>                                    .54
<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>
VARIABLE INVESTMENT SERIES ---SERIES 3
HIGH YIELD PORTFOLIO  12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      130,960,047
<INVESTMENTS-AT-VALUE>                     109,861,962
<RECEIVABLES>                                2,403,052
<ASSETS-OTHER>                                   1,540
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             112,221,554
<PAYABLE-FOR-SECURITIES>                       131,500
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      155,812
<TOTAL-LIABILITIES>                            287,312
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   206,016,322
<SHARES-COMMON-STOCK>                       18,167,759
<SHARES-COMMON-PRIOR>                       12,692,791
<ACCUMULATED-NII-CURRENT>                       75,797
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (21,143,085)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (21,143,085)
<NET-ASSETS>                               111,934,242
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           14,176,602
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 670,709
<NET-INVESTMENT-INCOME>                     13,505,893
<REALIZED-GAINS-CURRENT>                   (5,517,509)
<APPREC-INCREASE-CURRENT>                 (11,772,750)
<NET-CHANGE-FROM-OPS>                      (3,784,366)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   13,464,211
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      6,446,698
<NUMBER-OF-SHARES-REDEEMED>                  2,991,013
<SHARES-REINVESTED>                          2,019,283
<NET-CHANGE-IN-ASSETS>                      21,733,841
<ACCUMULATED-NII-PRIOR>                         34,115
<ACCUMULATED-GAINS-PRIOR>                 (67,497,283)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          567,629
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                670,709
<AVERAGE-NET-ASSETS>                       113,525,854
<PER-SHARE-NAV-BEGIN>                             7.11
<PER-SHARE-NII>                                    .79
<PER-SHARE-GAIN-APPREC>                          (.95)
<PER-SHARE-DIVIDEND>                             (.79)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.16
<EXPENSE-RATIO>                                    .59
<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>
VARIABLE INVESTMENT SERIES --- SERIES 4
UTILITIES PORTFOLIO  12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      403,074,450
<INVESTMENTS-AT-VALUE>                     379,927,623
<RECEIVABLES>                                2,764,131
<ASSETS-OTHER>                                   5,743
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             382,697,497
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      285,745
<TOTAL-LIABILITIES>                            285,745
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   406,577,678
<SHARES-COMMON-STOCK>                       32,089,485
<SHARES-COMMON-PRIOR>                       35,718,712
<ACCUMULATED-NII-CURRENT>                    1,610,911
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,630,010)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (23,146,828)
<NET-ASSETS>                               382,411,752
<DIVIDEND-INCOME>                           16,571,620
<INTEREST-INCOME>                            4,502,819
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,934,306
<NET-INVESTMENT-INCOME>                     18,140,133
<REALIZED-GAINS-CURRENT>                   (2,172,266)
<APPREC-INCREASE-CURRENT>                 (59,919,164)
<NET-CHANGE-FROM-OPS>                     (43,951,297)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (17,878,751)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                      (2,681,110)
<NUMBER-OF-SHARES-SOLD>                      3,765,654
<NUMBER-OF-SHARES-REDEEMED>                (9,048,385)
<SHARES-REINVESTED>                          1,653,504
<NET-CHANGE-IN-ASSETS>                    (20,559,861)
<ACCUMULATED-NII-PRIOR>                      1,349,529
<ACCUMULATED-GAINS-PRIOR>                    2,223,366
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,809,836
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,934,306
<AVERAGE-NET-ASSETS>                       431,234,879
<PER-SHARE-NAV-BEGIN>                            13.74
<PER-SHARE-NII>                                    .53
<PER-SHARE-GAIN-APPREC>                         (1.75)
<PER-SHARE-DIVIDEND>                             (.52)
<PER-SHARE-DISTRIBUTIONS>                        (.08)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.92
<EXPENSE-RATIO>                                     72
<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>
VARIABLE INVESTMENT SERIES ---  SERIES 5
DIVIDEND GROWTH PORTFOLIO
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      569,509,574
<INVESTMENTS-AT-VALUE>                     571,047,433
<RECEIVABLES>                                2,982,206
<ASSETS-OTHER>                                   2,411
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             574,032,050
<PAYABLE-FOR-SECURITIES>                       664,765
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      414,962
<TOTAL-LIABILITIES>                          1,079,727
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   559,398,997
<SHARES-COMMON-STOCK>                       47,766,949
<SHARES-COMMON-PRIOR>                       37,793,203
<ACCUMULATED-NII-CURRENT>                    1,286,590
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     10,728,877
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,537,859
<NET-ASSETS>                               572,952,323
<DIVIDEND-INCOME>                           18,497,528
<INTEREST-INCOME>                            2,310,364
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,535,582
<NET-INVESTMENT-INCOME>                     17,272,310
<REALIZED-GAINS-CURRENT>                    12,620,382
<APPREC-INCREASE-CURRENT>                 (48,245,643)
<NET-CHANGE-FROM-OPS>                     (18,352,951)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (16,780,838)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     11,460,639
<NUMBER-OF-SHARES-REDEEMED>                (2,857,510)
<SHARES-REINVESTED>                          1,370,617
<NET-CHANGE-IN-ASSETS>                      89,807,183
<ACCUMULATED-NII-PRIOR>                        795,118
<ACCUMULATED-GAINS-PRIOR>                  (1,891,505)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,388,371
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,535,582
<AVERAGE-NET-ASSETS>                       551,102,636
<PER-SHARE-NAV-BEGIN>                            12.78
<PER-SHARE-NII>                                    .38
<PER-SHARE-GAIN-APPREC>                          (.80)
<PER-SHARE-DIVIDEND>                             (.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.99
<EXPENSE-RATIO>                                    .64
<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>
VARIABLE INVESTMENT SERIES --- SERIES 6
CAPITAL GROWTH PORTFOLIO  12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                       44,654,409
<INVESTMENTS-AT-VALUE>                      45,626,371
<RECEIVABLES>                                  187,063
<ASSETS-OTHER>                                     647
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              45,814,081
<PAYABLE-FOR-SECURITIES>                        38,050
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       60,770
<TOTAL-LIABILITIES>                             98,820
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    46,142,218
<SHARES-COMMON-STOCK>                        3,968,951
<SHARES-COMMON-PRIOR>                        4,259,434
<ACCUMULATED-NII-CURRENT>                       55,472
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (1,454,391)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       971,962
<NET-ASSETS>                                45,715,261
<DIVIDEND-INCOME>                              752,084
<INTEREST-INCOME>                               37,004
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 363,235
<NET-INVESTMENT-INCOME>                        425,853
<REALIZED-GAINS-CURRENT>                     (927,479)
<APPREC-INCREASE-CURRENT>                    (158,687)
<NET-CHANGE-FROM-OPS>                        (660,313)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      431,431
<DISTRIBUTIONS-OF-GAINS>                       137,199
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        745,503
<NUMBER-OF-SHARES-REDEEMED>                  1,085,521
<SHARES-REINVESTED>                             49,535
<NET-CHANGE-IN-ASSETS>                     (4,593,577)
<ACCUMULATED-NII-PRIOR>                         61,052
<ACCUMULATED-GAINS-PRIOR>                    (389,715)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          308,143
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                363,235
<AVERAGE-NET-ASSETS>                        47,406,679
<PER-SHARE-NAV-BEGIN>                            11.81
<PER-SHARE-NII>                                    .10
<PER-SHARE-GAIN-APPREC>                          (.26)
<PER-SHARE-DIVIDEND>                             (.10)
<PER-SHARE-DISTRIBUTIONS>                        (.03)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.52
<EXPENSE-RATIO>                                    .77
<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>
VARIABLE INVESTMENT SERIES --- SERIES 7
EUROPEAN GROWTH  12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      141,184,812
<INVESTMENTS-AT-VALUE>                     149,221,094
<RECEIVABLES>                                  900,000
<ASSETS-OTHER>                               3,169,298
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             153,290,392
<PAYABLE-FOR-SECURITIES>                       987,674
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      265,279
<TOTAL-LIABILITIES>                          1,252,953
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   138,570,208
<SHARES-COMMON-STOCK>                       10,438,795
<SHARES-COMMON-PRIOR>                        5,634,890
<ACCUMULATED-NII-CURRENT>                       18,459
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      5,380,860
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,067,912
<NET-ASSETS>                               152,037,439
<DIVIDEND-INCOME>                            3,058,364
<INTEREST-INCOME>                              407,601
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,508,169
<NET-INVESTMENT-INCOME>                      1,957,796
<REALIZED-GAINS-CURRENT>                     5,276,370
<APPREC-INCREASE-CURRENT>                    1,187,264
<NET-CHANGE-FROM-OPS>                        8,421,430
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,332,400
<DISTRIBUTIONS-OF-GAINS>                     4,011,038
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,461,296
<NUMBER-OF-SHARES-REDEEMED>                (1,042,808)
<SHARES-REINVESTED>                            385,416
<NET-CHANGE-IN-ASSETS>                      72,985,050
<ACCUMULATED-NII-PRIOR>                        867,172
<ACCUMULATED-GAINS-PRIOR>                    2,641,419
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,299,782
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,508,169
<AVERAGE-NET-ASSETS>                       129,978,145
<PER-SHARE-NAV-BEGIN>                            14.03
<PER-SHARE-NII>                                    .17
<PER-SHARE-GAIN-APPREC>                            .96
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                        (.44)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.56
<EXPENSE-RATIO>                                   1.16
<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>
VARIABLE INVESTMENT SERIES --- SERIES 8
EQUITY PORTFOLIO
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      226,313,937
<INVESTMENTS-AT-VALUE>                     234,733,767
<RECEIVABLES>                                3,736,322
<ASSETS-OTHER>                                   3,297
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             238,473,386
<PAYABLE-FOR-SECURITIES>                    12,922,587
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      261,542
<TOTAL-LIABILITIES>                         13,184,129
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   228,078,937
<SHARES-COMMON-STOCK>                       11,701,191
<SHARES-COMMON-PRIOR>                        8,255,004
<ACCUMULATED-NII-CURRENT>                      371,545
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (11,581,055)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,419,830
<NET-ASSETS>                               225,289,257
<DIVIDEND-INCOME>                            2,094,706
<INTEREST-INCOME>                            1,696,253
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,219,631
<NET-INVESTMENT-INCOME>                      2,571,328
<REALIZED-GAINS-CURRENT>                  (10,255,042)
<APPREC-INCREASE-CURRENT>                  (4,038,554)
<NET-CHANGE-FROM-OPS>                     (11,722,268)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (2,393,925)
<DISTRIBUTIONS-OF-GAINS>                  (16,442,181)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    (3,984,962)
<NUMBER-OF-SHARES-REDEEMED>                (1,504,112)
<SHARES-REINVESTED>                            965,337
<NET-CHANGE-IN-ASSETS>                      42,461,393
<ACCUMULATED-NII-PRIOR>                        194,225
<ACCUMULATED-GAINS-PRIOR>                   15,116,085
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,077,511
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,219,631
<AVERAGE-NET-ASSETS>                       215,502,186
<PER-SHARE-NAV-BEGIN>                            22.15
<PER-SHARE-NII>                                    .23
<PER-SHARE-GAIN-APPREC>                         (1.31)
<PER-SHARE-DIVIDEND>                             (.22)
<PER-SHARE-DISTRIBUTIONS>                       (1.60)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              19.25
<EXPENSE-RATIO>                                    .57
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
VARIABLE INVESTMENT SERIES ---- SERIES 9
MANAGED ASSETS PORTFOLIO
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      393,495,491
<INVESTMENTS-AT-VALUE>                     392,908,697
<RECEIVABLES>                                  229,656
<ASSETS-OTHER>                                  29,514
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             393,167,867
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      407,522
<TOTAL-LIABILITIES>                            407,522
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   378,508,036
<SHARES-COMMON-STOCK>                       31,534,970
<SHARES-COMMON-PRIOR>                       22,668,551
<ACCUMULATED-NII-CURRENT>                    1,680,979
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     13,158,124
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (586,794)
<NET-ASSETS>                               392,760,345
<DIVIDEND-INCOME>                            2,261,784
<INTEREST-INCOME>                           13,315,203
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,887,851
<NET-INVESTMENT-INCOME>                     13,689,136
<REALIZED-GAINS-CURRENT>                    13,979,461
<APPREC-INCREASE-CURRENT>                 (14,418,071)
<NET-CHANGE-FROM-OPS>                       13,250,526
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (12,720,041)
<DISTRIBUTIONS-OF-GAINS>                   (6,891,484)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      8,741,963
<NUMBER-OF-SHARES-REDEEMED>                (1,450,674)
<SHARES-REINVESTED>                          1,575,130
<NET-CHANGE-IN-ASSETS>                     105,257,996
<ACCUMULATED-NII-PRIOR>                        711,864
<ACCUMULATED-GAINS-PRIOR>                    6,070,167
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,739,941
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,887,851
<AVERAGE-NET-ASSETS>                       347,988,268
<PER-SHARE-NAV-BEGIN>                            12.68
<PER-SHARE-NII>                                    .48
<PER-SHARE-GAIN-APPREC>                            .01
<PER-SHARE-DIVIDEND>                             (.46)
<PER-SHARE-DISTRIBUTIONS>                        (.26)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.45
<EXPENSE-RATIO>                                    .54
<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>
VARIABLE INVESTMENT SERIES ---- SERIES 10
GLOBAL DIVIDEND PORTFOLIO 12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                      140,526,932
<INVESTMENTS-AT-VALUE>                     137,472,430
<RECEIVABLES>                                1,928,214
<ASSETS-OTHER>                                 292,735
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             139,693,379
<PAYABLE-FOR-SECURITIES>                     1,001,584
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      205,756
<TOTAL-LIABILITIES>                          1,207,340
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   141,191,845
<SHARES-COMMON-STOCK>                       14,099,709
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      326,336
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         21,180
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (3,053,322)
<NET-ASSETS>                               138,486,039
<DIVIDEND-INCOME>                            2,301,031
<INTEREST-INCOME>                              159,579
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 613,510
<NET-INVESTMENT-INCOME>                      1,847,100
<REALIZED-GAINS-CURRENT>                        16,433
<APPREC-INCREASE-CURRENT>                  (3,053,322)
<NET-CHANGE-FROM-OPS>                      (1,189,789)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,516,017)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     14,227,418
<NUMBER-OF-SHARES-REDEEMED>                  (280,638)
<SHARES-REINVESTED>                            152,929
<NET-CHANGE-IN-ASSETS>                     138,486,039
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          528,066
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                679,765
<AVERAGE-NET-ASSETS>                        82,634,156
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .23
<PER-SHARE-GAIN-APPREC>                          (.20)
<PER-SHARE-DIVIDEND>                             (.21)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.82
<EXPENSE-RATIO>                                    .87
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
VARIABLE INVESTMENT SERIES --- SERIES 11
PACIFIC GROWTH PORTFOLIO  12/31/94
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                       77,787,538
<INVESTMENTS-AT-VALUE>                      74,948,261
<RECEIVABLES>                                  147,722
<ASSETS-OTHER>                                 821,732
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              75,917,715
<PAYABLE-FOR-SECURITIES>                       310,541
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      181,835
<TOTAL-LIABILITIES>                            492,376
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    79,007,919
<SHARES-COMMON-STOCK>                        8,144,946
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    (152,940)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (592,858)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (2,836,782)
<NET-ASSETS>                                75,425,339
<DIVIDEND-INCOME>                              473,573
<INTEREST-INCOME>                              173,320
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 415,369
<NET-INVESTMENT-INCOME>                        231,524
<REALIZED-GAINS-CURRENT>                     (740,879)
<APPREC-INCREASE-CURRENT>                  (2,836,782)
<NET-CHANGE-FROM-OPS>                      (3,346,137)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (236,443)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      8,401,700
<NUMBER-OF-SHARES-REDEEMED>                  (281,779)
<SHARES-REINVESTED>                             25,025
<NET-CHANGE-IN-ASSETS>                      75,425,339
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          413,341
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                579,652
<AVERAGE-NET-ASSETS>                        48,511,051
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .07
<PER-SHARE-GAIN-APPREC>                          (.74)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.07)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.26
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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