<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> BALANCED PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 47482914
<INVESTMENTS-AT-VALUE> 52813087
<RECEIVABLES> 569434
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 5659577
<TOTAL-ASSETS> 59042098
<PAYABLE-FOR-SECURITIES> 182403
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 38106
<TOTAL-LIABILITIES> 220509
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 50399781
<SHARES-COMMON-STOCK> 4073339
<SHARES-COMMON-PRIOR> 3491224
<ACCUMULATED-NII-CURRENT> 786812
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2304842
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5330154
<NET-ASSETS> 58821589
<DIVIDEND-INCOME> 97261
<INTEREST-INCOME> 931366
<OTHER-INCOME> 0
<EXPENSES-NET> 201990
<NET-INVESTMENT-INCOME> 826637
<REALIZED-GAINS-CURRENT> 2303090
<APPREC-INCREASE-CURRENT> (2164945)
<NET-CHANGE-FROM-OPS> 964782
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1118262)
<DISTRIBUTIONS-OF-GAINS> (2957773)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 399730
<NUMBER-OF-SHARES-REDEEMED> (90803)
<SHARES-REINVESTED> 273188
<NET-CHANGE-IN-ASSETS> 5508171
<ACCUMULATED-NII-PRIOR> 1087641
<ACCUMULATED-GAINS-PRIOR> 2950321
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 175985
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 201990
<AVERAGE-NET-ASSETS> 55483570
<PER-SHARE-NAV-BEGIN> 15.27
<PER-SHARE-NII> .19
<PER-SHARE-GAIN-APPREC> .12
<PER-SHARE-DIVIDEND> (0.31)
<PER-SHARE-DISTRIBUTIONS> (0.83)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.44
<EXPENSE-RATIO> .73
</TABLE>
