<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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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
015 A000701 CITIBANK, N.A.
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015 C010710 PARIS
015 D010710 FRANCE
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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
054 B000700 N
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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
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028 G040800 861
028 H000800 0
045 000800 Y
046 000800 N
047 000800 Y
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<PAGE> PAGE 40
048 D010800 0
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048 I010800 0
048 I020800 0.000
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048 K010800 0
048 K020800 0.700
054 A000800 N
054 B000800 N
054 C000800 N
054 D000800 N
054 E000800 N
054 F000800 N
054 G000800 N
054 H000800 N
054 I000800 N
054 J000800 N
054 K000800 N
054 L000800 N
054 M000800 N
054 N000800 N
062 A000800 N
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062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
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066 A000800 Y
066 D000800 Y
067 000800 N
<PAGE> PAGE 41
068 A000800 N
068 B000800 Y
069 000800 N
070 A010800 Y
070 A020800 Y
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 Y
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 Y
070 M020800 Y
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 Y
070 Q020800 N
070 R010800 N
070 R020800 N
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<PAGE> PAGE 42
072 I000800 0
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<PAGE> PAGE 43
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SIGNATURE SHERI L. KOCEN
TITLE SENIOR COUNSEL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000111111
<NAME> MANULIFE
<SERIES>
<NUMBER> 1
<NAME> EMERGING GROWTH EQUITY FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
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<SENIOR-EQUITY> 0
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<SHARES-COMMON-PRIOR> 5,249,329
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<ACCUMULATED-NET-GAINS> 18,139,742
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12,672,661
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<DIVIDEND-INCOME> 23,376
<INTEREST-INCOME> 826,889
<OTHER-INCOME> 0
<EXPENSES-NET> (643,999)
<NET-INVESTMENT-INCOME> 206,266
<REALIZED-GAINS-CURRENT> 18,252,359
<APPREC-INCREASE-CURRENT> 12,756,627
<NET-CHANGE-FROM-OPS> 31,215,252
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (35,611)
<DISTRIBUTIONS-OF-GAINS> (3,730,311)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,232,451
<NUMBER-OF-SHARES-REDEEMED> (615,559)
<SHARES-REINVESTED> 164,511
<NET-CHANGE-IN-ASSETS> 65,047,051
<ACCUMULATED-NII-PRIOR> 35,611
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<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 643,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 643,000
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<PER-SHARE-NAV-BEGIN> 18.55
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 5.10
<PER-SHARE-DIVIDEND> (.58)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 23.10
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<PAGE>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000111111
<NAME> MANULIFE
<SERIES>
<NUMBER> 2
<NAME> BALANCED ASSETS FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 98,285,735
<INVESTMENTS-AT-VALUE> 109,759,871
<RECEIVABLES> 1,138,388
<ASSETS-OTHER> 4,854
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<TOTAL-ASSETS> 110,903,113
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<TOTAL-LIABILITIES> 142,374
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 94,335,408
<SHARES-COMMON-STOCK> 6,457,180
<SHARES-COMMON-PRIOR> 5,425,697
<ACCUMULATED-NII-CURRENT> 3,268,747
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,682,448
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,474,136
<NET-ASSETS> 110,760,739
<DIVIDEND-INCOME> 826,873
<INTEREST-INCOME> 3,022,480
<OTHER-INCOME> 0
<EXPENSES-NET> (456,917)
<NET-INVESTMENT-INCOME> 3,392,436
<REALIZED-GAINS-CURRENT> 2,741,674
<APPREC-INCREASE-CURRENT> 14,094,035
<NET-CHANGE-FROM-OPS> 20,228,145
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (129,234)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,589,739
<NUMBER-OF-SHARES-REDEEMED> (566,288)
<SHARES-REINVESTED> 8,032
<NET-CHANGE-IN-ASSETS> 36,023,996
<ACCUMULATED-NII-PRIOR> 5,545
<ACCUMULATED-GAINS-PRIOR> (1,059,226)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 457,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 457,000
<AVERAGE-NET-ASSETS> 92,832,027
<PER-SHARE-NAV-BEGIN> 13.77
<PER-SHARE-NII> 0.53
<PER-SHARE-GAIN-APPREC> 2.87
<PER-SHARE-DIVIDEND> (0.02)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.15
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<PAGE>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000111111
<NAME> MANULIFE
<SERIES>
<NUMBER> 3
<NAME> CAPITAL GROWTH BOND FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 39,971,441
<INVESTMENTS-AT-VALUE> 41,984,131
<RECEIVABLES> 720,600
<ASSETS-OTHER> 7,291
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 42,712,022
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18,236
<TOTAL-LIABILITIES> 18,236
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 41,739,537
<SHARES-COMMON-STOCK> 3,779,382
<SHARES-COMMON-PRIOR> 3,328,888
<ACCUMULATED-NII-CURRENT> 1,597
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,060,038)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,012,690
<NET-ASSETS> 42,693,786
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,739,692
<OTHER-INCOME> 0
<EXPENSES-NET> (198,316)
<NET-INVESTMENT-INCOME> 2,541,376
<REALIZED-GAINS-CURRENT> 677,362
<APPREC-INCREASE-CURRENT> 4,016,399
<NET-CHANGE-FROM-OPS> 7,235,137
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,545,873)
<DISTRIBUTIONS-OF-GAINS> (425,137)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,094,742
<NUMBER-OF-SHARES-REDEEMED> (907,815)
<SHARES-REINVESTED> 263,567
<NET-CHANGE-IN-ASSETS> 9,075,873
<ACCUMULATED-NII-PRIOR> 6,094
<ACCUMULATED-GAINS-PRIOR> (13,122,263)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 198,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 198,000
<AVERAGE-NET-ASSETS> 39,952,419
<PER-SHARE-NAV-BEGIN> 10.10
<PER-SHARE-NII> 0.72
<PER-SHARE-GAIN-APPREC> 1.32
<PER-SHARE-DIVIDEND> (0.84)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.30
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<PAGE>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000111111
<NAME> MANULIFE
<SERIES>
<NUMBER> 4
<NAME> MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 35,998,414
<INVESTMENTS-AT-VALUE> 35,998,414
<RECEIVABLES> 0
<ASSETS-OTHER> 8,573
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36,006,987
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 14,988
<TOTAL-LIABILITIES> 14,988
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 34,307,615
<SHARES-COMMON-STOCK> 3,320,455
<SHARES-COMMON-PRIOR> 2,375,854
<ACCUMULATED-NII-CURRENT> 1,684,384
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 35,991,999
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,838,797
<OTHER-INCOME> 0
<EXPENSES-NET> (154,412)
<NET-INVESTMENT-INCOME> 1,684,385
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,684,385
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,405)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,422,196
<NUMBER-OF-SHARES-REDEEMED> (2,477,727)
<SHARES-REINVESTED> 132
<NET-CHANGE-IN-ASSETS> 11,607,513
<ACCUMULATED-NII-PRIOR> 1,404
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 154,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 154,000
<AVERAGE-NET-ASSETS> 31,483,896
<PER-SHARE-NAV-BEGIN> 10.26
<PER-SHARE-NII> 0.58
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.84
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<PAGE>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000111111
<NAME> MANULIFE
<SERIES>
<NUMBER> 5
<NAME> COMMON STOCK
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 52,113,405
<INVESTMENTS-AT-VALUE> 60,834,031
<RECEIVABLES> 295,463
<ASSETS-OTHER> 6,354
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 61,135,848
<PAYABLE-FOR-SECURITIES> 114,570
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 25,350
<TOTAL-LIABILITIES> 139,920
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 49,933,954
<SHARES-COMMON-STOCK> 3,532,074
<SHARES-COMMON-PRIOR> 2,606,341
<ACCUMULATED-NII-CURRENT> 834,761
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,506,587
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,720,626
<NET-ASSETS> 60,995,928
<DIVIDEND-INCOME> 771,938
<INTEREST-INCOME> 295,300
<OTHER-INCOME> 0
<EXPENSES-NET> (232,477)
<NET-INVESTMENT-INCOME> 834,761
<REALIZED-GAINS-CURRENT> 2,091,782
<APPREC-INCREASE-CURRENT> 9,276,249
<NET-CHANGE-FROM-OPS> 12,202,792
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,190,184
<NUMBER-OF-SHARES-REDEEMED> (264,451)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 26,167,408
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (585,195)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 232,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 232,000
<AVERAGE-NET-ASSETS> 47,464,003
<PER-SHARE-NAV-BEGIN> 13.36
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 3.67
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.27
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<PAGE>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000111111
<NAME> MANULIFE
<SERIES>
<NUMBER> 6
<NAME> REAL ESTATE FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 48,999,671
<INVESTMENTS-AT-VALUE> 50,599,913
<RECEIVABLES> 3,504,522
<ASSETS-OTHER> 14,188
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 54,118,623
<PAYABLE-FOR-SECURITIES> 1,656,789
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21,717
<TOTAL-LIABILITIES> 1,678,506
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 47,634,128
<SHARES-COMMON-STOCK> 3,472,861
<SHARES-COMMON-PRIOR> 3,190,140
<ACCUMULATED-NII-CURRENT> 2,365,861
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 839,886
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,600,242
<NET-ASSETS> 52,440,117
<DIVIDEND-INCOME> 2,320,479
<INTEREST-INCOME> 277,831
<OTHER-INCOME> 0
<EXPENSES-NET> (232,449)
<NET-INVESTMENT-INCOME> 2,365,861
<REALIZED-GAINS-CURRENT> 1,242,307
<APPREC-INCREASE-CURRENT> 3,176,323
<NET-CHANGE-FROM-OPS> 6,784,491
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (852,969)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 815,153
<NUMBER-OF-SHARES-REDEEMED> (590,162)
<SHARES-REINVESTED> 57,730
<NET-CHANGE-IN-ASSETS> 9,868,974
<ACCUMULATED-NII-PRIOR> 852,969
<ACCUMULATED-GAINS-PRIOR> (402,421)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 232,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 232,000
<AVERAGE-NET-ASSETS> 46,763,291
<PER-SHARE-NAV-BEGIN> 13.34
<PER-SHARE-NII> 0.67
<PER-SHARE-GAIN-APPREC> 1.35
<PER-SHARE-DIVIDEND> (0.26)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.10
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<PAGE>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000111111
<NAME> MANULIFE
<SERIES>
<NUMBER> 7
<NAME> INTERNATIONAL FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 17,269,015
<INVESTMENTS-AT-VALUE> 18,439,089
<RECEIVABLES> 119,310
<ASSETS-OTHER> 575,188
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,133,587
<PAYABLE-FOR-SECURITIES> 57,668
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 28,381
<TOTAL-LIABILITIES> 86,049
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,930,657
<SHARES-COMMON-STOCK> 1,785,480
<SHARES-COMMON-PRIOR> 1,149,953
<ACCUMULATED-NII-CURRENT> 2,767
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (56,366)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,170,480
<NET-ASSETS> 19,047,538
<DIVIDEND-INCOME> 331,975
<INTEREST-INCOME> 143,986
<OTHER-INCOME> 0
<EXPENSES-NET> (246,011)
<NET-INVESTMENT-INCOME> 229,950
<REALIZED-GAINS-CURRENT> 170,289
<APPREC-INCREASE-CURRENT> 1,360,677
<NET-CHANGE-FROM-OPS> 1,760,916
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (231,976)
<DISTRIBUTIONS-OF-GAINS> (219,782)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 659,837
<NUMBER-OF-SHARES-REDEEMED> (66,801)
<SHARES-REINVESTED> 42,491
<NET-CHANGE-IN-ASSETS> 7,757,131
<ACCUMULATED-NII-PRIOR> 4,793
<ACCUMULATED-GAINS-PRIOR> (6,873)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 155,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 246,000
<AVERAGE-NET-ASSETS> 15,455,144
<PER-SHARE-NAV-BEGIN> 9.82
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 0.98
<PER-SHARE-DIVIDEND> (0.26)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.67
<EXPENSE-RATIO> 1.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<PAGE>
</TABLE>
[ARTICLE] 6
[CIK] 0000111111
[NAME] MANULIFE
[SERIES]
[NUMBER] 8
[NAME] PACIFIC RIM EMERGING MARKETS FUND
<TABLE>
<S> <C>
[PERIOD-TYPE] 12-MOS
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-START] JAN-01-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 11,505,710
[INVESTMENTS-AT-VALUE] 12,130,390
[RECEIVABLES] 521,594
[ASSETS-OTHER] 895,464
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 13,547,448
[PAYABLE-FOR-SECURITIES] 474,078
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 16,271
[TOTAL-LIABILITIES] 490,349
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 12,421,144
[SHARES-COMMON-STOCK] 1,260,885
[SHARES-COMMON-PRIOR] 813,995
[ACCUMULATED-NII-CURRENT] 397
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 10,505
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 625,053
[NET-ASSETS] 13,057,099
[DIVIDEND-INCOME] 215,991
[INTEREST-INCOME] 58,812
[OTHER-INCOME] 0
[EXPENSES-NET] (169,005)
[NET-INVESTMENT-INCOME] 105,798
[REALIZED-GAINS-CURRENT] 56,190
[APPREC-INCREASE-CURRENT] 1,075,635
[NET-CHANGE-FROM-OPS] 1,237,623
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (110,840)
[DISTRIBUTIONS-OF-GAINS] (46,196)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 546,094
[NUMBER-OF-SHARES-REDEEMED] (114,449)
[SHARES-REINVESTED] 15,245
[NET-CHANGE-IN-ASSETS] 5,399,882
[ACCUMULATED-NII-PRIOR] 5,439
[ACCUMULATED-GAINS-PRIOR] 511
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 96,000
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 169,000
[AVERAGE-NET-ASSETS] 10,437,853
[PER-SHARE-NAV-BEGIN] 9.41
[PER-SHARE-NII] 0.12
[PER-SHARE-GAIN-APPREC] 0.96
[PER-SHARE-DIVIDEND] (0.13)
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 10.36
[EXPENSE-RATIO] 1.50
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
<PAGE>
For Period ending 12-31-95
File Number: 811-3815
This report is signed on behalf of the depositor in the City of
Toronto, Canada on the 26th day of February, 1996.
Manulife Series Fund Inc.
Witness: Sheri L. Kocen By: Douglas H. Myers
Sheri L. Kocen Douglas H. Myers
Secretary and Vice President
General Counsel Compliance and Finance
<PAGE>
