<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> EQUITY PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2001
<PERIOD-END> OCT-31-2000
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<TOTAL-LIABILITIES> 23928467
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1201588706
<SHARES-COMMON-STOCK> 46170912
<SHARES-COMMON-PRIOR> 35929904
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<OVERDISTRIBUTION-NII> 2501170
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 371307580
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<DIVIDEND-INCOME> 988385
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<EXPENSES-NET> 6506616
<NET-INVESTMENT-INCOME> (2501170)
<REALIZED-GAINS-CURRENT> 136363347
<APPREC-INCREASE-CURRENT> (146859981)
<NET-CHANGE-FROM-OPS> (12997804)
<EQUALIZATION> 0
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<NUMBER-OF-SHARES-SOLD> 868303
<NUMBER-OF-SHARES-REDEEMED> 792513
<SHARES-REINVESTED> 10165218
<NET-CHANGE-IN-ASSETS> (9876569)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 376313825
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 6269192
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<GROSS-EXPENSE> 6511521
<AVERAGE-NET-ASSETS> 1762307475
<PER-SHARE-NAV-BEGIN> 47.72
<PER-SHARE-NII> (.05)
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<PER-SHARE-DISTRIBUTIONS> (10.51)
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<EXPENSE-RATIO> .73
</TABLE>